Ardmore Shipping
ASC
#5869
Rank
HK$5.61 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
HK$134.23
Share price
-1.09%
Change (1 day)
39.22%
Change (1 year)

Operating Margin for Ardmore Shipping (ASC)

Operating Margin as of September 2024 (TTM): 36.43%

According to Ardmore Shipping 's latest financial reports and stock price the company's current Operating Margin is 36.43%. At the end of 2023 the company had an Operating Margin of 32.84%.

Operating Margin history for Ardmore Shipping from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202332.84%-6.38%
202235.07%-409.89%
2021-11.32%-335.95%
20204.80%689.86%
20190.61%-106.37%
2018-9.53%-417.22%
20173.01%-72.77%
201611.04%-59.1%
201526.99%270.12%
20147.29%-333.98%
2013-3.12%-55.84%
2012-7.06%819.29%
2011-0.77%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.77%-62.20%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
30.24%-16.99%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
21.59%-40.74%๐Ÿ‡จ๐Ÿ‡ฆ Canada
33.95%-6.81%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
31.84%-12.59%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
68.53% 88.11%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
36.14%-0.80%๐Ÿ‡จ๐Ÿ‡ฆ Canada
4.45%-87.78%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.