Nordic American Tankers
NAT
#6267
Rank
HK$5.00 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
HK$23.96
Share price
2.67%
Change (1 day)
-33.43%
Change (1 year)

Operating Margin for Nordic American Tankers (NAT)

Operating Margin as of November 2024 (TTM): 4.45%

According to Nordic American Tankers's latest financial reports and stock price the company's current Operating Margin is 4.45%. At the end of 2022 the company had an Operating Margin of 4.46%.

Operating Margin history for Nordic American Tankers from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20224.46%-104.97%
2021-89.63%-734.49%
202014.13%-535.89%
2019-3.24%-89.3%
2018-30.30%-54.18%
2017-66.11%-658.84%
201611.83%-55%
201526.29%-728.77%
2014-4.18%-90.33%
2013-43.25%-22.79%
2012-56.01%-26.57%
2011-76.27%11818.76%
2010-0.64%-178.65%
20090.81%-98.47%
200853.20%-0.89%
200753.68%39.8%
200638.40%-2.92%
200539.55%-34.64%
200460.51%-19.53%
200375.19%53.48%
200248.99%-28.33%
200168.36%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
36.14% 712.13%๐Ÿ‡จ๐Ÿ‡ฆ Canada
30.24% 579.55%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
31.03% 597.30%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
21.59% 385.17%๐Ÿ‡จ๐Ÿ‡ฆ Canada
13.77% 209.44%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
68.53% 1,440.00%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
36.43% 718.65%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.