Dorian LPG
LPG
$44.04
Share price
-0.47%
Change (1 day)
125.50%
Change (1 year)
Operating Margin for Dorian LPG (LPG)
Operating Margin as of December 2023 (TTM): 39.26%
According to Dorian LPG 's latest financial reports and stock price the company's current Operating Margin is 39.26%. At the end of 2022 the company had an Operating Margin of 33.46%.
Operating Margin history for Dorian LPG from 2014 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 33.46% | -7.45% |
| 2021 | 36.16% | -16.4% |
| 2020 | 43.25% | -577.67% |
| 2019 | -9.05% | -305.43% |
| 2018 | 4.41% | -68.27% |
| 2017 | 13.89% | -71.15% |
| 2016 | 48.14% | 105.31% |
| 2015 | 23.45% | 96.96% |
| 2014 | 11.91% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Teekay Tankers TNK | -45.04% | -214.72% | 🇨🇦 Canada |
 Navios Maritime Partners NMM | 71.68% | 82.58% | 🇲🇨 Monaco |
 Frontline FRO | 37.50% | -4.48% | 🇧🇲 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.