According to OceanPal's latest financial reports and stock price the company's current Operating Margin is -37.23%. At the end of 2022 the company had an Operating Margin of -1.71%.
Year | Operating Margin | Change |
---|---|---|
2022 | -1.71% | |
2020 | -40.34% | 167.85% |
2019 | -15.06% |
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.