Ardmore Shipping
ASC
#5241
Rank
$0.95 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$22.84
Share price
-0.61%
Change (1 day)
75.96%
Change (1 year)

Operating Margin for Ardmore Shipping (ASC)

Operating Margin as of May 2024 (TTM): 31.15%

According to Ardmore Shipping 's latest financial reports and stock price the company's current Operating Margin is 31.15%. At the end of 2021 the company had an Operating Margin of -11.32%.

Operating Margin history for Ardmore Shipping from 2012 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-11.32%-335.96%
20204.80%689.87%
20190.61%-106.37%
2018-9.53%-417.22%
20173.01%-72.77%
201611.04%-59.1%
201526.99%270.12%
20147.29%-333.98%
2013-3.12%-55.84%
2012-7.06%819.29%
2011-0.77%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-3.76%-112.07%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
31.84% 2.22%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
48.20% 54.74%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-45.04%-244.59%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-41.38%-232.84%๐Ÿ‡จ๐Ÿ‡ฆ Canada
32.01% 2.76%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-89.63%-387.74%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
37.50% 20.39%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

What is a company's Operating Margin

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.