Expion360 Inc. Annual Operating Margin in % from 2021 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
Expion360 Inc. quarterly/annual Operating Margin history and growth rate from 2021 to 2023.
  • Expion360 Inc. Operating Margin for the quarter ending June 30, 2024 was -153 %, a 57% decline year-over-year.
  • Expion360 Inc. annual Operating Margin for 2023 was -120 %, a 44.2% decline from 2022.
  • Expion360 Inc. annual Operating Margin for 2022 was -83.1 %, a 197% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -120 -36.8 -44.2% Jan 1, 2023 Dec 31, 2023
2022 -83.1 -55.2 -197% Jan 1, 2022 Dec 31, 2022
2021 -28 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.