Performance Shipping
PSHG
#9538
Rank
S$32.02 M
Marketcap
$2.58
Share price
-2.01%
Change (1 day)
-0.42%
Change (1 year)

Operating Margin for Performance Shipping (PSHG)

Operating Margin as of November 2024 (TTM): 62.69%

According to Performance Shipping 's latest financial reports and stock price the company's current Operating Margin is 62.69%. At the end of 2022 the company had an Operating Margin of 48.29%.

Operating Margin history for Performance Shipping from 2011 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202248.29%-274.36%
2021-27.69%-607.37%
20205.46%-105.1%
2019-107.01%
201716.04%-103.57%
2016-448.92%1492.25%
2015-28.19%-570.78%
20145.99%-105.64%
2013-106.17%-1107.26%
201210.54%-21.63%
201113.45%-138.54%
2010-34.89%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
62.69% 0.00%๐Ÿ‡ฌ๐Ÿ‡ท 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.