Performance Shipping
PSHG
$2.04
Share price
1.24%
Change (1 day)
148.17%
Change (1 year)
Operating Margin for Performance Shipping (PSHG)
Operating Margin as of April 2024 (TTM): 48.29%
According to Performance Shipping 's latest financial reports and stock price the company's current Operating Margin is 48.29%. At the end of 2021 the company had an Operating Margin of -27.69%.
Operating Margin history for Performance Shipping from 2011 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -27.69% | -607.37% |
| 2020 | 5.46% | -104.57% |
| 2019 | -119.41% | -42.28% |
| 2018 | -206.90% | -1389.7% |
| 2017 | 16.04% | -103.57% |
| 2016 | -448.92% | 1492.25% |
| 2015 | -28.19% | -570.78% |
| 2014 | 5.99% | -105.64% |
| 2013 | -106.17% | -1107.26% |
| 2012 | 10.54% | -44.19% |
| 2011 | 18.89% | -169.69% |
| 2010 | -27.10% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Performance Shipping
PSHG | 48.29% | 0.00% | 🇬🇷 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.