Top Ships
TOPS
$0.83
Share price
-2.93%
Change (1 day)
-96.11%
Change (1 year)
Operating Margin for Top Ships (TOPS)
Operating Margin as of March 2023 (TTM): 27.66%
According to Top Ships's latest financial reports and stock price the company's current Operating Margin is 27.66%. At the end of 2021 the company had an Operating Margin of 27.67%.
Operating Margin history for Top Ships from 2004 to 2014
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 27.67% | -895.25% |
| 2020 | -3.48% | -176.08% |
| 2019 | 4.57% | -192.92% |
| 2018 | -4.92% | -266.13% |
| 2017 | 2.96% | -78.31% |
| 2016 | 13.66% | -122.85% |
| 2015 | -59.76% | -164.88% |
| 2014 | 92.12% | 134.45% |
| 2013 | 39.29% | -122.48% |
| 2012 | -174.80% | 902.76% |
| 2011 | -17.43% | -171.15% |
| 2010 | 24.50% | 990% |
| 2009 | 2.25% | -90.63% |
| 2008 | 23.98% | -121.95% |
| 2007 | -109.28% | -919.13% |
| 2006 | 13.34% | -62.53% |
| 2005 | 35.61% | -9.21% |
| 2004 | 39.22% | 234.06% |
| 2003 | 11.74% | 276.78% |
| 2002 | 3.12% | -91.82% |
| 2001 | 38.08% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 47.66% | 72.31% | 🇬🇷 Greece |
 Seanergy Maritime SHIP | 27.00% | -2.39% | 🇬🇷 Greece |
 Whole Earth Brands FREE | 6.17% | -77.69% | 🇺🇸 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.