Hour Loop, Inc Annual Operating Margin in % from 2020 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
Hour Loop, Inc quarterly/annual Operating Margin history and growth rate from 2020 to 2023.
  • Hour Loop, Inc Operating Margin for the quarter ending September 30, 2024 was 1.8 %.
  • Hour Loop, Inc annual Operating Margin for 2023 was -2.27 %, a 14% decline from 2022.
  • Hour Loop, Inc annual Operating Margin for 2022 was -2 %, a 123% decline from 2021.
  • Hour Loop, Inc annual Operating Margin for 2021 was 8.72 %, a 12.3% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -2.27 -0.28 -14% Jan 1, 2023 Dec 31, 2023
2022 -2 -10.7 -123% Jan 1, 2022 Dec 31, 2022
2021 8.72 -1.22 -12.3% Jan 1, 2021 Dec 31, 2021
2020 9.94 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.