Euronav
EURN
$16.42
Share price
-0.85%
Change (1 day)
-7.91%
Change (1 year)
Categories
Operating Margin for Euronav (EURN)
Operating Margin as of April 2024 (TTM): 47.57%
According to Euronav's latest financial reports and stock price the company's current Operating Margin is 47.57%. At the end of 2022 the company had an Operating Margin of 24.11%.
Operating Margin history for Euronav from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 24.11% | -129.84% |
| 2021 | -80.81% | -314.22% |
| 2020 | 37.72% | 264.95% |
| 2019 | 10.34% | -149.26% |
| 2018 | -20.98% | 258.4% |
| 2017 | -5.85% | -124.52% |
| 2016 | 23.88% | -33.59% |
| 2015 | 35.95% | -308.26% |
| 2014 | -17.26% | -23.03% |
| 2013 | -22.43% | -23.02% |
| 2012 | -29.14% | 19.88% |
| 2011 | -24.30% | -744.71% |
| 2010 | 3.77% | -194.86% |
| 2009 | -3.97% | -108.4% |
| 2008 | 47.29% | 144.87% |
| 2007 | 19.31% | -40.32% |
| 2006 | 32.36% | -11.94% |
| 2005 | 36.75% | -35.64% |
| 2004 | 57.10% | 312.42% |
| 2003 | 13.85% | 284.83% |
| 2002 | 3.60% |
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.