Sovos Brands, Inc. Annual Operating Margin in % from 2019 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Sovos Brands, Inc. quarterly/annual Operating Margin history and growth rate from 2019 to 2023.
  • Sovos Brands, Inc. Operating Margin for the quarter ending December 30, 2023 was 7.89 %.
  • Sovos Brands, Inc. annual Operating Margin for 2023 was 7.89 %.
  • Sovos Brands, Inc. annual Operating Margin for 2022 was -4.38 %, a 186% decline from 2021.
  • Sovos Brands, Inc. annual Operating Margin for 2021 was 5.07 %, a 24% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.89 +12.3 Jan 1, 2023 Dec 30, 2023
2022 -4.38 -9.45 -186% Dec 26, 2021 Dec 31, 2022
2021 5.07 -1.6 -24% Dec 27, 2020 Dec 25, 2021
2020 6.68 +12.6 Dec 29, 2019 Dec 26, 2020
2019 -5.88 Dec 30, 2018 Dec 28, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.