SOLITRON DEVICES INC Annual Operating Margin in % from 2011 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
Solitron Devices Inc quarterly/annual Operating Margin history and growth rate from 2011 to 2023.
  • Solitron Devices Inc Operating Margin for the quarter ending August 31, 2024 was 9.1 %.
  • Solitron Devices Inc annual Operating Margin for 2023 was 7.32 %.
  • Solitron Devices Inc annual Operating Margin for 2022 was -10.2 %, a 154% decline from 2021.
  • Solitron Devices Inc annual Operating Margin for 2021 was 18.7 %, a 68.1% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.32 +17.5 Mar 1, 2023 Feb 29, 2024
2022 -10.2 -28.8 -154% Mar 1, 2022 Feb 28, 2023
2021 18.7 +7.56 +68.1% Mar 1, 2021 Feb 28, 2022
2020 11.1 +17.9 Mar 1, 2020 Feb 28, 2021
2019 -6.81 +7.54 +52.5% Mar 1, 2019 Feb 29, 2020
2018 -14.4 Mar 1, 2018 Feb 28, 2019
2015 -2.32 -11.8 -125% Mar 1, 2015 Feb 29, 2016
2014 9.45 +1.15 +13.9% Mar 1, 2014 Feb 28, 2015
2013 8.3 +1.71 +26% Mar 1, 2013 Feb 28, 2014
2012 6.59 -2.38 -26.5% Mar 1, 2012 Feb 28, 2013
2011 8.96 Mar 1, 2011 Feb 29, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.