Pyxis Tankers
PXS
#8804
Rank
ยฃ40.44 M
Marketcap
ยฃ3.78
Share price
-0.60%
Change (1 day)
30.03%
Change (1 year)

Operating Margin for Pyxis Tankers (PXS)

Operating Margin as of September 2024 (TTM): 79.25%

According to Pyxis Tankers's latest financial reports and stock price the company's current Operating Margin is 79.25%. At the end of 2023 the company had an Operating Margin of 81.02%.

Operating Margin history for Pyxis Tankers from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202381.02%252.95%
202222.95%-147.14%
2021-48.69%53.2%
2020-31.78%5.88%
2019-30.01%3.98%
2018-28.86%62.84%
2017-17.73%-7.34%
2016-19.13%-281.04%
201510.57%-115.24%
2014-69.32%-1057.06%
20137.24%

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.