Nordic American Tankers
NAT
#5398
Rank
$0.78 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$3.77
Share price
-2.08%
Change (1 day)
-3.83%
Change (1 year)

Operating Margin for Nordic American Tankers (NAT)

Operating Margin as of April 2024 (TTM): -89.63%

According to Nordic American Tankers's latest financial reports and stock price the company's current Operating Margin is -89.63%. At the end of 2021 the company had an Operating Margin of -89.63%.

Operating Margin history for Nordic American Tankers from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-89.63%-734.49%
202014.13%-535.89%
2019-3.24%-89.3%
2018-30.30%-54.18%
2017-66.11%-658.84%
201611.83%-55%
201526.29%-739.76%
2014-4.11%-90.49%
2013-43.23%-22.82%
2012-56.01%-26.57%
2011-76.27%-12493.67%
20100.62%-68.35%
20091.94%-96.62%
200857.60%102.3%
200728.48%-25.84%
200638.40%-2.92%
200539.55%-34.64%
200460.51%-19.53%
200375.19%53.48%
200248.99%-28.33%
200168.36%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-3.76%-95.80%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
48.20%-153.78%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-45.04%-49.75%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-41.38%-53.83%๐Ÿ‡จ๐Ÿ‡ฆ Canada
32.01%-135.71%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
37.50%-141.84%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
31.15%-134.75%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.