XPEL, 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
XPEL, Inc. quarterly/annual Operating Margin history and growth rate from 2018 to 2023.
  • XPEL, Inc. Operating Margin for the quarter ending June 30, 2024 was 14.8 %, a 16.9% decline year-over-year.
  • XPEL, Inc. annual Operating Margin for 2023 was 16.9 %, a 1.5% increase from 2022.
  • XPEL, Inc. annual Operating Margin for 2022 was 16.7 %, a 7.56% increase from 2021.
  • XPEL, Inc. annual Operating Margin for 2021 was 15.5 %, a 5.24% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 16.9 +0.25 +1.5% Jan 1, 2023 Dec 31, 2023
2022 16.7 +1.17 +7.56% Jan 1, 2022 Dec 31, 2022
2021 15.5 +0.77 +5.24% Jan 1, 2021 Dec 31, 2021
2020 14.7 +1.55 +11.8% Jan 1, 2020 Dec 31, 2020
2019 13.2 +2.41 +22.4% Jan 1, 2019 Dec 31, 2019
2018 10.7 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.