According to International Seaways's latest financial reports and stock price the company's current Operating Margin is 62.92%. At the end of 2022 the company had an Operating Margin of 44.87%.
Year | Operating Margin | Change |
---|---|---|
2022 | 44.87% | -191.92% |
2021 | -48.81% | 3621.98% |
2020 | -1.31% | 479.32% |
2019 | -0.23% | -99.31% |
2018 | -32.94% | -9.9% |
2017 | -36.55% | 718.77% |
2016 | -4.46% | -112.82% |
2015 | 34.83% | -252.14% |
2014 | -22.89% | -81.38% |
2013 | -122.93% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Performance Shipping
PSHG | 48.29% | -23.25% | ๐ฌ๐ท Greece |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.