Safe Bulkers
SB
#6764
Rank
NZ$0.77 B
Marketcap
๐Ÿ‡ฒ๐Ÿ‡จ
Country
$7.26
Share price
-1.14%
Change (1 day)
31.92%
Change (1 year)

Operating Margin for Safe Bulkers (SB)

Operating Margin as of November 2024 (TTM): 27.19%

According to Safe Bulkers 's latest financial reports and stock price the company's current Operating Margin is 27.19%. At the end of 2023 the company had an Operating Margin of 27.20%.

Operating Margin history for Safe Bulkers from 2007 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202327.20%-44.88%
202249.34%-6.88%
202152.99%-913.64%
2020-6.51%-180.3%
20198.11%-43.41%
201814.33%-125.05%
2017-57.20%12.2%
2016-50.98%35.39%
2015-37.66%-496.52%
20149.50%-78.7%
201344.59%-14.51%
201252.16%-1.83%
201153.13%-23.92%
201069.83%-6.9%
200975.00%-8.3%
200881.80%-982.79%
2007-9.27%-110.71%
200686.55%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
47.85% 75.98%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
58.15% 113.87%๐Ÿ‡ฌ๐Ÿ‡ท Greece
16.50%-39.32%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
13.76%-49.39%๐Ÿ‡ฌ๐Ÿ‡ท Greece
18.29%-32.73%๐Ÿ‡ฌ๐Ÿ‡ท Greece
6.81%-74.95%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.