According to Top Ships's latest financial reports and stock price the company's current Operating Margin is 33.44%. At the end of 2023 the company had an Operating Margin of 33.45%.
Year | Operating Margin | Change |
---|---|---|
2023 | 33.45% | -12.01% |
2022 | 38.01% | 45.22% |
2021 | 26.17% | -852.41% |
2020 | -3.48% | -176.08% |
2019 | 4.57% | -208.56% |
2018 | -4.21% | -245.57% |
2017 | 2.89% | -78.81% |
2016 | 13.66% | -122.85% |
2015 | -59.76% | -164.88% |
2014 | 92.12% | 134.45% |
2013 | 39.29% | -122.48% |
2012 | -174.80% | -18.49% |
2011 | -214.46% | -1235.4% |
2010 | 18.89% | 740.37% |
2009 | 2.25% | -90.63% |
2008 | 23.98% | -307.76% |
2007 | -11.54% | -335.21% |
2006 | 4.91% | -86.22% |
2005 | 35.61% | -10.76% |
2004 | 39.90% | 253.55% |
2003 | 11.28% | 262.18% |
2002 | 3.12% | -91.82% |
2001 | 38.08% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 3.63% | -89.14% | ๐บ๐ธ USA |
![]() | 2.07% | -93.81% | ๐ฌ๐ท Greece |
![]() | 24.06% | -28.05% | 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.