NORTECH SYSTEMS INC Quarterly Operating Margin in % from Q4 2018 to Q2 2024

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
Nortech Systems Inc quarterly/annual Operating Margin history and growth rate from Q4 2018 to Q2 2024.
  • Nortech Systems Inc Operating Margin for the quarter ending June 30, 2024 was 3.85 %, a 11.9% increase year-over-year.
  • Nortech Systems Inc annual Operating Margin for 2023 was 4.27 %, a 47.3% increase from 2022.
  • Nortech Systems Inc annual Operating Margin for 2022 was 2.9 %, a 47.1% increase from 2021.
  • Nortech Systems Inc annual Operating Margin for 2021 was 1.97 %.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 3.85 +0.41 +11.9% Apr 1, 2024 Jun 30, 2024
Q1 2024 4.37 +0.92 +26.7% Jan 1, 2024 Mar 31, 2024
Q4 2023 4.27 +1.37 +47.3% Oct 1, 2023 Dec 31, 2023
Q3 2023 2.9 +1.18 +68.8% Jul 1, 2023 Sep 30, 2023
Q2 2023 3.44 -0.71 -17.1% Apr 1, 2023 Jun 30, 2023
Q1 2023 3.45 -0.28 -7.51% Jan 1, 2023 Mar 31, 2023
Q4 2022 2.9 +0.93 +47.1% Oct 1, 2022 Dec 31, 2022
Q3 2022 1.72 +2.3 Jul 1, 2022 Sep 30, 2022
Q2 2022 4.15 +6.91 Apr 1, 2022 Jun 30, 2022
Q1 2022 3.73 +6.95 Jan 1, 2022 Mar 31, 2022
Q4 2021 1.97 +2.56 Oct 1, 2021 Dec 31, 2021
Q3 2021 -0.59 -4.16 -116% Jul 1, 2021 Sep 30, 2021
Q2 2021 -2.76 -4.48 -260% Apr 1, 2021 Jun 30, 2021
Q1 2021 -3.22 -3.84 -617% Jan 1, 2021 Mar 31, 2021
Q4 2020 -0.59 -0.78 -405% Oct 1, 2020 Dec 31, 2020
Q3 2020 3.58 +4.11 Jul 1, 2020 Sep 30, 2020
Q2 2020 1.72 +2.32 Apr 1, 2020 Jun 30, 2020
Q1 2020 0.62 -0.48 -43.7% Jan 1, 2020 Mar 31, 2020
Q4 2019 0.19 -0.91 -82.6% Oct 1, 2019 Dec 31, 2019
Q3 2019 -0.54 Jul 1, 2019 Sep 30, 2019
Q2 2019 -0.6 Apr 1, 2019 Jun 30, 2019
Q1 2019 1.1 Jan 1, 2019 Mar 31, 2019
Q4 2018 1.1 Oct 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.