CLEARFIELD, INC.
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Mar 2011 | 40.6% | 7.4% | 7.5% |
| Jun 2011 | 42.7% | 12.7% | 12.6% |
| Dec 2011 | 41.4% | 11.1% | 10.9% |
| Mar 2012 | 38.2% | 2.1% | 1.9% |
| Jun 2012 | 42.2% | 16.5% | 16.1% |
| Dec 2012 | 38.2% | 8.6% | 5.3% |
| Mar 2013 | 40.1% | 9.0% | 5.2% |
| Jun 2013 | 41.6% | 13.3% | 8.5% |
| Dec 2013 | 43.0% | 19.0% | 12.3% |
| Mar 2014 | 43.3% | 14.5% | 9.3% |
| Jun 2014 | 42.1% | 12.9% | 8.2% |
| Dec 2014 | 41.1% | 11.6% | 7.6% |
| Mar 2015 | 38.4% | 3.8% | 2.3% |
| Jun 2015 | 42.8% | 16.2% | 10.7% |
| Dec 2015 | 42.6% | 12.6% | 9.5% |
| Mar 2016 | 43.0% | 12.6% | 8.8% |
| Jun 2016 | 43.2% | 16.0% | 10.9% |
| Dec 2016 | 39.5% | 6.5% | 4.8% |
| Mar 2017 | 42.2% | 7.3% | 5.1% |
| Jun 2017 | 40.5% | 6.7% | 4.1% |
| Dec 2017 | 42.1% | 3.8% | 5.6% |
| Mar 2018 | 40.3% | -3.1% | -1.8% |
| Jun 2018 | 39.5% | 11.2% | 8.2% |
| Dec 2018 | 39.6% | 5.8% | 5.0% |
| Mar 2019 | 36.8% | 1.6% | 1.9% |
| Jun 2019 | 38.4% | 7.0% | 5.9% |
| Dec 2019 | 39.9% | 2.1% | 2.6% |
| Mar 2020 | 39.9% | 3.5% | 3.7% |
| Jun 2020 | 41.5% | 13.8% | 11.5% |
| Dec 2020 | 42.0% | 13.7% | 11.7% |
| Mar 2021 | 43.6% | 15.0% | 12.3% |
| Jun 2021 | 44.2% | 19.9% | 15.7% |
| Dec 2021 | 44.9% | 25.5% | 20.3% |
| Mar 2022 | 43.3% | 22.3% | 17.3% |
| Jun 2022 | 41.1% | 23.3% | 17.9% |
| Dec 2022 | 35.7% | 20.8% | 16.6% |
| Mar 2023 | 32.8% | 16.8% | 14.4% |
| Jun 2023 | 31.1% | 9.2% | 8.5% |
| Dec 2023 | 13.7% | -23.8% | -15.4% |
| Mar 2024 | 7.7% | -26.4% | -16.0% |
| Jun 2024 | 21.9% | -4.7% | -0.9% |
| Dec 2024 | 29.2% | -6.9% | -6.4% |
| Mar 2025 | 34.4% | 4.1% | 3.3% |
| Jun 2025 | 35.3% | 3.9% | 4.1% |
| Dec 2025 | 33.2% | -5.3% | -1.8% |
| Mar 2026 | 32.5% | -6.0% | -1.5% |
| Jun 2026 | 31.8% | 5.9% | 6.8% |
Rule No. 1 : Never lose money. Rule No. 2 : Never forget Rule No. 1.