Euronav
EURN
#3405
Rank
$3.07 B
Marketcap
$15.82
Share price
0.83%
Change (1 day)
-1.56%
Change (1 year)

Operating Margin for Euronav (EURN)

Operating Margin as of June 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
202224.11%-129.84%
2021-80.81%-314.22%
202037.72%264.95%
201910.34%-149.26%
2018-20.98%258.4%
2017-5.85%-124.52%
201623.88%-33.59%
201535.95%-308.26%
2014-17.26%-23.03%
2013-22.43%-23.02%
2012-29.14%19.88%
2011-24.30%-744.71%
20103.77%-194.86%
2009-3.97%-108.4%
200847.29%144.87%
200719.31%-40.32%
200632.36%-11.94%
200536.75%-35.64%
200457.10%312.42%
200313.85%284.83%
20023.60%

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.