SMITH A O CORP Annual Operating Margin in % from 2016 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
Smith A O Corp quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Smith A O Corp Operating Margin for the quarter ending June 30, 2024 was 21.1 %, a 83.8% increase year-over-year.
  • Smith A O Corp annual Operating Margin for 2023 was 21 %, a 118% increase from 2022.
  • Smith A O Corp annual Operating Margin for 2022 was 9.64 %, a 50% decline from 2021.
  • Smith A O Corp annual Operating Margin for 2021 was 19.3 %, a 10.9% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 21 +11.4 +118% Jan 1, 2023 Dec 31, 2023
2022 9.64 -9.63 -50% Jan 1, 2022 Dec 31, 2022
2021 19.3 +1.89 +10.9% Jan 1, 2021 Dec 31, 2021
2020 17.4 -0.3 -1.7% Jan 1, 2020 Dec 31, 2020
2019 17.7 -1.56 -8.11% Jan 1, 2019 Dec 31, 2019
2018 19.2 -0.04 -0.21% Jan 1, 2018 Dec 31, 2018
2017 19.3 +0.11 +0.57% Jan 1, 2017 Dec 31, 2017
2016 19.2 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.