Pangaea Logistics Solutions
PANL
$6.86
Share price
-0.15%
Change (1 day)
6.85%
Change (1 year)
Categories
Operating Margin for Pangaea Logistics Solutions (PANL)
Operating Margin as of April 2024 (TTM): 15.04%
According to Pangaea Logistics Solutions's latest financial reports and stock price the company's current Operating Margin is 15.04%. At the end of 2021 the company had an Operating Margin of 10.08%.
Operating Margin history for Pangaea Logistics Solutions from 2015 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 10.08% | 204.05% |
| 2020 | 3.31% | -19.86% |
| 2019 | 4.14% | -35.67% |
| 2018 | 6.43% | 172.08% |
| 2017 | 2.36% | -38.58% |
| 2016 | 3.85% | -17.29% |
| 2015 | 4.65% | -235.76% |
| 2014 | -3.43% | -186.69% |
| 2013 | 3.95% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Royal Caribbean RCL | -24.38% | -262.10% | 🇺🇸 USA |
 Seanergy Maritime SHIP | 27.00% | 79.52% | 🇬🇷 Greece |
 Matson MATX | 17.10% | 13.70% | 🇺🇸 USA |
 Tsakos Energy Navigation TNP | 24.22% | 61.04% | 🇬🇷 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.