Performance Shipping
PSHG
#8264
Rank
$26.59 M
Marketcap
$2.16
Share price
0.93%
Change (1 day)
163.41%
Change (1 year)

Operating Margin for Performance Shipping (PSHG)

Operating Margin as of July 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%
20205.46%-104.57%
2019-119.41%-42.28%
2018-206.90%-1389.7%
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%-44.19%
201118.89%-169.69%
2010-27.10%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
48.29% 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.