Eagle Bulk Shipping
EGLE
#5588
Rank
$0.69 B
Marketcap
$62.60
Share price
0.00%
Change (1 day)
38.28%
Change (1 year)

Operating Margin for Eagle Bulk Shipping (EGLE)

Operating Margin as of April 2024 (TTM): 31.09%

According to Eagle Bulk Shipping's latest financial reports and stock price the company's current Operating Margin is 31.09%. At the end of 2021 the company had an Operating Margin of 31.10%.

Operating Margin history for Eagle Bulk Shipping from 2005 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202131.10%-344.03%
2020-12.74%71.73%
2019-7.42%-283%
20184.06%-121.92%
2017-18.50%-89.7%
2016-179.55%25.74%
2015-142.79%70.8%
2014-83.60%139.98%
2013-34.84%-35.34%
2012-53.88%1039.45%
2011-4.73%-116.56%
201028.55%-15.9%
200933.95%-21.94%
200843.49%-10.03%
200748.34%17.69%
200641.07%74.44%
200523.54%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
27.00%-13.16%๐Ÿ‡ฌ๐Ÿ‡ท Greece
41.05% 32.04%๐Ÿ‡ฌ๐Ÿ‡ท Greece
16.50%-46.93%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
-4.15%-113.35%๐Ÿ‡บ๐Ÿ‡ธ USA

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.