OceanPal
OP
#9799
Rank
HK$85.28 M
Marketcap
HK$11.36
Share price
2.10%
Change (1 day)
-33.41%
Change (1 year)

Operating Margin for OceanPal (OP)

Operating Margin as of November 2024 (TTM): -58.04%

According to OceanPal's latest financial reports and stock price the company's current Operating Margin is -58.04%. At the end of 2022 the company had an Operating Margin of -1.71%.

Operating Margin history for OceanPal from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-1.71%
2020-40.34%167.85%
2019-15.06%

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.