Eneti
NETI
#6125
Rank
$0.43 B
Marketcap
๐Ÿ‡ฒ๐Ÿ‡จ Monaco
Country
$11.33
Share price
0.09%
Change (1 day)
22.49%
Change (1 year)

Operating Margin for Eneti (NETI)

Operating Margin as of April 2024 (TTM): 53.86%

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%.

Operating Margin history for Eneti from 2014 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202114.28%-103.48%
2020-410.42%-2164.11%
201919.88%-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%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
48.29%-10.34%๐Ÿ‡ฌ๐Ÿ‡ท Greece

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.