Vitesse Energy, 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
Vitesse Energy, Inc. quarterly/annual Operating Margin history and growth rate from 2020 to 2023.
  • Vitesse Energy, Inc. Operating Margin for the quarter ending June 30, 2024 was 26.1 %, a 30.8% decline year-over-year.
  • Vitesse Energy, Inc. annual Operating Margin for 2023 was 14.9 %, a 72.7% decline from 2022.
  • Vitesse Energy, Inc. annual Operating Margin for 2022 was 54.6 %, a 70% increase from 2021.
  • Vitesse Energy, Inc. annual Operating Margin for 2021 was 32.1 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 14.9 -39.7 -72.7% Jan 1, 2023 Dec 31, 2023
2022 54.6 +22.5 +70% Jan 1, 2022 Dec 31, 2022
2021 32.1 +66.9 Dec 1, 2020 Nov 30, 2021
2020 -34.8 Dec 1, 2019 Nov 30, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.