Synalloy Operating Margin from 2010 to 2024

ACNT Stock  USD 11.62  0.25  2.11%   
Synalloy Operating Profit Margin yearly trend continues to be comparatively stable with very little volatility. Operating Profit Margin is likely to outpace its year average in 2024.
Check Synalloy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synalloy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 4.4 M or Total Revenue of 167.4 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.029 or PTB Ratio of 1.65. Synalloy financial statements analysis is a perfect complement when working with Synalloy Valuation or Volatility modules.
  
Check out the analysis of Synalloy Correlation against competitors.
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Latest Synalloy's Operating Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Synalloy over the last few years. It is Synalloy's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Synalloy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (0) %10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Synalloy Operating Margin Regression Statistics

Arithmetic Mean(0)
Coefficient Of Variation(1,539)
Mean Deviation0.06
Median0.01
Standard Deviation0.07
Sample Variance0.01
Range0.2123
R-Value(0.36)
Mean Square Error0
R-Squared0.13
Significance0.19
Slope(0.01)
Total Sum of Squares0.07

Synalloy Operating Margin History

2024 -0.12
2023 -0.13
2022 0.0492
2021 0.0817
2020 -0.0358
2019 -0.0361
2018 0.0756

About Synalloy Financial Statements

Synalloy shareholders use historical fundamental indicators, such as Operating Margin, to determine how well the company is positioned to perform in the future. Although Synalloy investors may analyze each financial statement separately, they are all interrelated. The changes in Synalloy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Synalloy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. Ascent Industries Co. was founded in 1945 and is headquartered in Oak Brook, Illinois. Ascent Industries operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 638 people.

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Additional Tools for Synalloy Stock Analysis

When running Synalloy's price analysis, check to measure Synalloy's 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 Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.