International Seaways
INSW
#3650
Rank
$2.63 B
Marketcap
$53.84
Share price
0.49%
Change (1 day)
26.81%
Change (1 year)

Operating Margin for International Seaways (INSW)

Operating Margin as of April 2024 (TTM): 62.92%

According to International Seaways's latest financial reports and stock price the company's current Operating Margin is 62.92%. At the end of 2022 the company had an Operating Margin of 44.87%.

Operating Margin history for International Seaways from 2015 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202244.87%-191.92%
2021-48.81%3621.98%
2020-1.31%479.32%
2019-0.23%-99.31%
2018-32.94%-9.9%
2017-36.55%718.77%
2016-4.46%-112.82%
201534.83%-252.14%
2014-22.89%-81.38%
2013-122.93%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
48.29%-23.25%๐Ÿ‡ฌ๐Ÿ‡ท Greece

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.