According to Nordic American Tankers's latest financial reports and stock price the company's current Operating Margin is 13.33%. At the end of 2024 the company had an Operating Margin of 13.33%.
Year | Operating Margin | Change |
---|---|---|
2024 | 13.33% | -47.16% |
2023 | 25.23% | 466.14% |
2022 | 4.46% | -104.97% |
2021 | -89.63% | -734.49% |
2020 | 14.13% | -535.89% |
2019 | -3.24% | -89.3% |
2018 | -30.30% | -54.18% |
2017 | -66.11% | -658.84% |
2016 | 11.83% | -55% |
2015 | 26.29% | -728.77% |
2014 | -4.18% | -90.33% |
2013 | -43.25% | -22.79% |
2012 | -56.01% | -26.57% |
2011 | -76.27% | 11818.76% |
2010 | -0.64% | -178.65% |
2009 | 0.81% | -98.47% |
2008 | 53.20% | -0.89% |
2007 | 53.68% | 39.8% |
2006 | 38.40% | -2.92% |
2005 | 39.55% | -34.64% |
2004 | 60.51% | -19.53% |
2003 | 75.19% | 53.48% |
2002 | 48.99% | -28.33% |
2001 | 68.36% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() Teekay TK | 32.94% | 147.11% | ๐จ๐ฆ Canada |
![]() SFL Corp
SFL | 15.84% | 18.83% | ๐ง๐ฒ Bermuda |
![]() Frontline FRO | 18.74% | 40.59% | ๐ง๐ฒ Bermuda |
![]() Teekay Tankers TNK | 32.86% | 146.51% | ๐จ๐ฆ Canada |
![]() DHT Holdings DHT | 31.84% | 138.86% | ๐ง๐ฒ Bermuda |
![]() Golar LNG
GLNG | 9.51% | -28.66% | ๐ง๐ฒ Bermuda |
![]() Ardmore Shipping
ASC | 33.94% | 154.61% | ๐ง๐ฒ Bermuda |
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.