Ardmore Shipping
ASC
#5186
Rank
$0.60 B
Marketcap
🇧🇲 Bermuda
Country
$14.87
Share price
0.95%
Change (1 day)
223.97%
Change (1 year)
Categories
Operating Margin for Ardmore Shipping (ASC)
Operating Margin as of April 2023 (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% |
| 2020 | 4.80% | 689.87% |
| 2019 | 0.61% | -106.37% |
| 2018 | -9.53% | -417.22% |
| 2017 | 3.01% | -72.77% |
| 2016 | 11.04% | -59.1% |
| 2015 | 26.99% | 270.12% |
| 2014 | 7.29% | -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 |
|---|---|---|---|
 DHT Holdings DHT | -3.76% | -112.07% | 🇧🇲 Bermuda |
 Golar LNG Partners GMLP | 31.84% | 2.22% | 🇧🇲 Bermuda |
 Golar LNG
GLNG | 0.00% | N/A | 🇧🇲 Bermuda |
 Teekay Tankers TNK | -45.04% | -244.59% | 🇨🇦 Canada |
 Teekay TK | -41.38% | -232.84% | 🇨🇦 Canada |
 SFL Corp
SFL | 32.01% | 2.76% | 🇧🇲 Bermuda |
 Nordic American Tankers NAT | -89.63% | -387.74% | 🇧🇲 Bermuda |
 Frontline FRO | 23.10% | -25.84% | 🇧🇲 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.