IT TECH PACKAGING, INC. Annual Operating Margin in % from 2010 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
It Tech Packaging, Inc. quarterly/annual Operating Margin history and growth rate from 2010 to 2023.
  • It Tech Packaging, Inc. Operating Margin for the quarter ending June 30, 2024 was -13.2 %, a 211% decline year-over-year.
  • It Tech Packaging, Inc. annual Operating Margin for 2023 was -11.1 %, a 109% decline from 2022.
  • It Tech Packaging, Inc. annual Operating Margin for 2022 was -5.29 %, a 682% decline from 2021.
  • It Tech Packaging, Inc. annual Operating Margin for 2021 was 0.91 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -11.1 -5.78 -109% Jan 1, 2023 Dec 31, 2023
2022 -5.29 -6.19 -682% Jan 1, 2022 Dec 31, 2022
2021 0.91 +6.31 Jan 1, 2021 Dec 31, 2021
2020 -5.4 -8.72 -263% Jan 1, 2020 Dec 31, 2020
2019 3.31 +16.2 Jan 1, 2019 Dec 31, 2019
2018 -12.9 -16.9 -422% Jan 1, 2018 Dec 31, 2018
2017 4 -5.61 -58.4% Jan 1, 2017 Dec 31, 2017
2016 9.61 -3.84 -28.6% Jan 1, 2016 Dec 31, 2016
2015 13.5 +0.74 +5.82% Jan 1, 2015 Dec 31, 2015
2014 12.7 -2.28 -15.2% Jan 1, 2014 Dec 31, 2014
2013 15 +1.11 +8% Jan 1, 2013 Dec 31, 2013
2012 13.9 -6.09 -30.5% Jan 1, 2012 Dec 31, 2012
2011 20 +2.24 +12.6% Jan 1, 2011 Dec 31, 2011
2010 17.7 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.