Envirotech Operating Margin from 2010 to 2024

EVTV Stock  USD 1.54  0.10  6.94%   
Envirotech Vehicles Operating Profit Margin yearly trend continues to be fairly stable with very little volatility. Operating Profit Margin will likely drop to -4.66 in 2024.
Check Envirotech Vehicles financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envirotech Vehicles' main balance sheet or income statement drivers, such as Interest Expense of 5.3 B, Selling General Administrative of 6.9 M or Total Revenue of 5.1 M, as well as many indicators such as Price To Sales Ratio of 6.8, Dividend Yield of 0.0 or PTB Ratio of 1.04. Envirotech financial statements analysis is a perfect complement when working with Envirotech Vehicles Valuation or Volatility modules.
  
Check out the analysis of Envirotech Vehicles Correlation against competitors.
For more information on how to buy Envirotech Stock please use our How to Invest in Envirotech Vehicles guide.

Latest Envirotech Vehicles' Operating Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Envirotech Vehicles over the last few years. It is Envirotech Vehicles' Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Envirotech Vehicles' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (1.63) %10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Envirotech Operating Margin Regression Statistics

Arithmetic Mean(70.81)
Coefficient Of Variation(96.35)
Mean Deviation64.77
Median(50.82)
Standard Deviation68.22
Sample Variance4,654
Range140
R-Value0.89
Mean Square Error1,075
R-Squared0.79
Significance0.000011
Slope13.52
Total Sum of Squares65,157

Envirotech Operating Margin History

2024 -4.66
2023 -4.44
2022 -9.73
2021 -3.78
2020 -4.63
2019 -0.42
2018 -2.19

About Envirotech Vehicles Financial Statements

Envirotech Vehicles investors use historical fundamental indicators, such as Envirotech Vehicles' Operating Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Envirotech Vehicles. Please read more on our technical analysis and fundamental analysis pages.
Envirotech Vehicles, Inc. provides zero-emission electric vehicles in the United States. The company was formerly known as ADOMANI, Inc. and changed its name to Envirotech Vehicles, Inc. in May 2021. Envirotech Vehicles operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 12 people.

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Additional Tools for Envirotech Stock Analysis

When running Envirotech Vehicles' price analysis, check to measure Envirotech Vehicles' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Envirotech Vehicles is operating at the current time. Most of Envirotech Vehicles' value examination focuses on studying past and present price action to predict the probability of Envirotech Vehicles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envirotech Vehicles' price. Additionally, you may evaluate how the addition of Envirotech Vehicles to your portfolios can decrease your overall portfolio volatility.