Grindrod Shipping
GRIN
$13.62
Share price
0.00%
Change (1 day)
19.79%
Change (1 year)
Categories
Operating Margin for Grindrod Shipping (GRIN)
Operating Margin as of April 2024 (TTM): 25.03%
According to Grindrod Shipping's latest financial reports and stock price the company's current Operating Margin is 25.03%. At the end of 2021 the company had an Operating Margin of 29.07%.
Operating Margin history for Grindrod Shipping from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 29.07% | -301.05% |
| 2020 | -14.46% | 11.84% |
| 2019 | -12.93% | 114.26% |
| 2018 | -6.03% | -57.09% |
| 2017 | -14.06% | 31.07% |
| 2016 | -10.73% | -46.17% |
| 2015 | -19.93% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Performance Shipping
PSHG | 48.29% | 92.93% | 🇬🇷 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.