According to Safe Bulkers 's latest financial reports and stock price the company's current Operating Margin is 27.19%. At the end of 2023 the company had an Operating Margin of 27.20%.
Year | Operating Margin | Change |
---|---|---|
2023 | 27.20% | -44.88% |
2022 | 49.34% | -6.88% |
2021 | 52.99% | -913.64% |
2020 | -6.51% | -180.3% |
2019 | 8.11% | -43.41% |
2018 | 14.33% | -125.05% |
2017 | -57.20% | 12.2% |
2016 | -50.98% | 35.39% |
2015 | -37.66% | -496.52% |
2014 | 9.50% | -78.7% |
2013 | 44.59% | -14.51% |
2012 | 52.16% | -1.83% |
2011 | 53.13% | -23.92% |
2010 | 69.83% | -6.9% |
2009 | 75.00% | -8.3% |
2008 | 81.80% | -982.79% |
2007 | -9.27% | -110.71% |
2006 | 86.55% |
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.