Star Bulk Carriers
SBLK
#3553
Rank
$2.81 B
Marketcap
$24.77
Share price
4.38%
Change (1 day)
35.95%
Change (1 year)

Operating Margin for Star Bulk Carriers (SBLK)

Operating Margin as of June 2024 (TTM): 39.40%

According to Star Bulk Carriers's latest financial reports and stock price the company's current Operating Margin is 39.40%. At the end of 2022 the company had an Operating Margin of 39.40%.

Operating Margin history for Star Bulk Carriers from 2008 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202239.40%-17.34%
202147.67%3280.27%
20201.41%-171.74%
2019-1.97%-121.93%
20188.97%-409.12%
2017-2.90%-95.82%
2016-69.38%-64.54%
2015-195.65%2337.79%
2014-8.03%-403.22%
20132.65%-100.73%
2012-365.03%18603.36%
2011-1.95%-106.68%
201029.20%-171.16%
2009-41.04%-173.3%
200855.98%-40.53%
200794.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
27.00%-31.47%๐Ÿ‡ฌ๐Ÿ‡ท Greece
45.75% 16.12%๐Ÿ‡ฌ๐Ÿ‡ท Greece
41.05% 4.19%๐Ÿ‡ฌ๐Ÿ‡ท Greece
71.68% 81.93%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
16.50%-58.12%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
-4.15%-110.53%๐Ÿ‡บ๐Ÿ‡ธ 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.