According to Seanergy Maritime's latest financial reports and stock price the company's current Operating Margin is 2.07%. At the end of 2023 the company had an Operating Margin of 2.07%.
Year | Operating Margin | Change |
---|---|---|
2023 | 2.07% | -84.96% |
2022 | 13.77% | -49.02% |
2021 | 27.01% | -193.19% |
2020 | -28.98% | 115.27% |
2019 | -13.46% | -41.45% |
2018 | -22.99% | 431.86% |
2017 | -4.32% | -93.91% |
2016 | -70.94% | -11.1% |
2015 | -79.80% | -102% |
2014 | 3,997.41% | 8359.22% |
2013 | 47.26% | -113.56% |
2012 | -348.41% | 83.37% |
2011 | -190.00% | -10807.13% |
2010 | 1.77% | -95.06% |
2009 | 35.92% | -31.62% |
2008 | 52.52% |
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.