Seanergy Maritime
SHIP
$9.55
Share price
2.91%
Change (1 day)
84.72%
Change (1 year)
Categories
Operating Margin for Seanergy Maritime (SHIP)
Operating Margin as of April 2024 (TTM): 27.00%
According to Seanergy Maritime's latest financial reports and stock price the company's current Operating Margin is 27.00%. At the end of 2021 the company had an Operating Margin of 27.01%.
Operating Margin history for Seanergy Maritime from 2008 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 27.01% | -193.19% |
| 2020 | -28.98% | 115.27% |
| 2019 | -13.46% | -41.45% |
| 2018 | -22.99% | 431.86% |
| 2017 | -4.32% | -93.91% |
| 2016 | -70.94% | -11.1% |
| 2015 | -79.80% | -102% |
| 2014 | 3,997.41% | 8359.22% |
| 2013 | 47.26% | -113.56% |
| 2012 | -348.41% | 83.37% |
| 2011 | -190.00% | -10807.13% |
| 2010 | 1.77% | -95.35% |
| 2009 | 38.18% | -27.3% |
| 2008 | 52.52% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 39.40% | 45.93% | 🇬🇷 Greece |
 Diana Shipping DSX | 41.05% | 52.04% | 🇬🇷 Greece |
 Safe Bulkers
SB | 52.98% | 96.22% | 🇲🇨 Monaco |
 Eagle Bulk Shipping EGLE | 31.09% | 15.15% | 🇺🇸 USA |
 Navios Maritime Partners NMM | 71.68% | 165.48% | 🇲🇨 Monaco |
 Navios Maritime Holdings NM | 16.50% | -38.89% | 🇲🇨 Monaco |
 Whole Earth Brands FREE | -4.15% | -115.37% | 🇺🇸 USA |
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.