Maxeon Solar Technologies (MAXNQ) Operating Margin (2019 - 2024)
Maxeon Solar Technologies (MAXNQ) reported Operating Margin of 228.07% for Q4 2024, down 15137.0% on a YoY basis from N/an in Q1 2024, and up 39.22% quarter-over-quarter from 375.25% in Q3 2024.
Maxeon Solar Technologies (MAXNQ) Operating Margin (2019 - 2024) Analysis & Trends
Maxeon Solar Technologies has reported Operating Margin for 6 years, with the latest figure at 228.07% in Q4 2024.
- For the quarter ending Q4 2024, Operating Margin fell 15137.0% year-over-year to 228.07%; the trailing twelve-month figure through Dec 2024 stood at 113.28% (down 9376.0% YoY), and the FY2024 full-year result was 113.28%, down 9376.0% from the prior year.
- Operating Margin for Q4 2024 stood at 228.07%, up from 375.25% in the prior quarter.
- The five-year high for Operating Margin was 3.68% in Q2 2023, with the low at 375.25% in Q3 2024.
- Historically, Operating Margin has averaged 55.42% across 5 years, with a median of 22.38% in 2021.
- Annual changes were most pronounced in 2023 — Operating Margin jumped 3392 bps — and 2024, when it slumped 34720 bps.
- Maxeon Solar Technologies' Operating Margin stood at 21.78% in 2020, then dropped by 3 bps to 22.38% in 2021, then gained by 8 bps to 20.67% in 2022, then slumped by 271 bps to 76.7% in 2023, then slumped by 197 bps to 228.07% in 2024.
- The last three Operating Margin figures came in at 228.07% (Q4 2024), 375.25% (Q3 2024), and 37.7% (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 33.07% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 17.44% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -10.48% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -17.73% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -6.02% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 5.49% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 3.18% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -4.80% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -9.56% |
| 10 | Maxeon Solar Technologies | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -228.07% |
| Sep 29, 2024 | -375.25% |
| Jun 30, 2024 | -37.70% |
| Mar 31, 2024 | -33.90% |
| Dec 31, 2023 | -76.70% |
| Oct 1, 2023 | -28.04% |
| Jul 2, 2023 | 2.41% |
| Apr 2, 2023 | 3.68% |
| Jan 1, 2023 | -5.55% |
| Oct 2, 2022 | -20.67% |
| Jul 3, 2022 | -31.51% |
| Apr 3, 2022 | -22.58% |
| Jan 2, 2022 | -20.80% |
| Oct 3, 2021 | -22.38% |
| Jan 3, 2021 | -10.38% |
| Jun 28, 2020 | -21.78% |
| Mar 29, 2020 | -12.99% |
| Dec 29, 2019 | -2.95% |
| Jun 30, 2019 | -11.22% |