According to Euroseas's latest financial reports and stock price the company's current Operating Margin is 60.49%. At the end of 2023 the company had an Operating Margin of 60.49%.
Year | Operating Margin | Change |
---|---|---|
2023 | 60.49% | 4.02% |
2022 | 58.15% | 27.09% |
2021 | 45.76% | 503.52% |
2020 | 7.58% | -280.34% |
2019 | -4.20% | 118.16% |
2018 | -1.93% | -93.41% |
2017 | -29.23% | -82.38% |
2016 | -165.88% | 344.92% |
2015 | -37.28% | -15.46% |
2014 | -44.10% | -83.31% |
2013 | -264.15% | 950.46% |
2012 | -25.15% | -1483.43% |
2011 | 1.82% | -114.44% |
2010 | -12.59% | -35896.35% |
2009 | 0.04% | -99.91% |
2008 | 41.04% | -21.79% |
2007 | 52.47% | -6.41% |
2006 | 56.06% | -10.23% |
2005 | 62.45% | -12.67% |
2004 | 71.51% | -28.49% |
2003 | 100.00% | 0% |
2002 | 100.00% |
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.