International Seaways
INSW
#3910
Rank
ยฃ1.92 B
Marketcap
ยฃ39.10
Share price
1.34%
Change (1 day)
13.56%
Change (1 year)

Operating Margin for International Seaways (INSW)

Operating Margin as of September 2024 (TTM): 56.47%

According to International Seaways's latest financial reports and stock price the company's current Operating Margin is 56.47%. At the end of 2023 the company had an Operating Margin of 52.28%.

Operating Margin history for International Seaways from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202352.28%16.51%
202244.87%-191.92%
2021-48.81%3621.98%
2020-1.31%479.32%
2019-0.23%-99.31%
2018-32.94%-9.9%
2017-36.55%718.77%
2016-4.46%-112.82%
201534.83%-252.14%
2014-22.89%-81.38%
2013-122.93%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
62.69% 11.01%๐Ÿ‡ฌ๐Ÿ‡ท Greece

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.