Montrose Environmental Group, Inc. Annual Operating Margin in % from 2018 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
Montrose Environmental Group, Inc. quarterly/annual Operating Margin history and growth rate from 2018 to 2023.
  • Montrose Environmental Group, Inc. Operating Margin for the quarter ending June 30, 2024 was -3.78 %, a 30.8% increase year-over-year.
  • Montrose Environmental Group, Inc. annual Operating Margin for 2023 was -4.55 %, a 11.5% increase from 2022.
  • Montrose Environmental Group, Inc. annual Operating Margin for 2022 was -5.15 %, a 198% decline from 2021.
  • Montrose Environmental Group, Inc. annual Operating Margin for 2021 was -1.73 %, a 75.3% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -4.55 +0.59 +11.5% Jan 1, 2023 Dec 31, 2023
2022 -5.15 -3.42 -198% Jan 1, 2022 Dec 31, 2022
2021 -1.73 +5.28 +75.3% Jan 1, 2021 Dec 31, 2021
2020 -7.01 -3.19 -83.4% Jan 1, 2020 Dec 31, 2020
2019 -3.83 +1.81 +32.1% Jan 1, 2019 Dec 31, 2019
2018 -5.63 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.