According to Eneti's latest financial reports and stock price the company's current Operating Margin is 53.86%. At the end of 2021 the company had an Operating Margin of 14.28%.
Year | Operating Margin | Change |
---|---|---|
2021 | 14.28% | -103.48% |
2020 | -410.42% | -2164.11% |
2019 | 19.88% | -479.73% |
2018 | -5.24% | -85.78% |
2017 | -36.82% | -76.87% |
2016 | -159.22% | -80.51% |
2015 | -816.99% | 243.34% |
2014 | -237.95% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Performance Shipping
PSHG | 48.29% | -10.34% | 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.