According to Pangaea Logistics Solutions's latest financial reports and stock price the company's current Operating Margin is 5.92%. At the end of 2024 the company had an Operating Margin of 5.92%.
Year | Operating Margin | Change |
---|---|---|
2024 | 5.92% | 3.59% |
2023 | 5.72% | -53.23% |
2022 | 12.22% | 21.25% |
2021 | 10.08% | 204.05% |
2020 | 3.31% | -19.86% |
2019 | 4.14% | -35.67% |
2018 | 6.43% | 172.68% |
2017 | 2.36% | -38.72% |
2016 | 3.85% | -17.29% |
2015 | 4.65% | -235.76% |
2014 | -3.43% | -186.69% |
2013 | 3.95% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 2.07% | -65.03% | ๐ฌ๐ท Greece |
![]() | 17.51% | 195.78% | ๐บ๐ธ USA |
![]() | 17.57% | 196.79% | ๐บ๐ธ USA |
![]() | 21.93% | 270.44% | ๐ฌ๐ท Greece |
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.