First Ship Lease Trust (FRA:LJ9) Operating Margin %: 33.08% (As of Dec. 2025) — 17% Above Median

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What is First Ship Lease Trust Operating Margin %?

First Ship Lease Trust FRA:LJ9 Operating Margin % is 33.08% as of Dec. 2025, which is 17% above its 10-year median of 28.34. The stock has 2 warning signs investors should review. Among 1,070 Business Services companies, First Ship Lease Trust ranks better than 95.05% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. First Ship Lease Trust's Operating Income for the six months ended in Dec. 2025 was €0.86 Mil. First Ship Lease Trust's Revenue for the six months ended in Dec. 2025 was €2.61 Mil. Therefore, First Ship Lease Trust's Operating Margin % for the quarter that ended in Dec. 2025 was 33.08%.

Good Sign:

First Ship Lease Trust operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for First Ship Lease Trust's Operating Margin % or its related term are showing as below:

FRA:LJ9' s Operating Margin % Range Over the Past 10 Years
Min: 3.91   Med: 28.34   Max: 41.6
Current: 31.93


FRA:LJ9's Operating Margin % is ranked better than
95.05% of 1070 companies
in the Business Services industry
Industry Median: 6.365 vs FRA:LJ9: 31.93

First Ship Lease Trust's 5-Year Average Operating Margin % Growth Rate was 25.50% per year.

First Ship Lease Trust's Operating Income for the six months ended in Dec. 2025 was €0.86 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €1.66 Mil.


First Ship Lease Trust  (FRA:LJ9) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


First Ship Lease Trust Operating Margin % Related Terms


First Ship Lease Trust Operating Margin % Historical Data

* Premium members only.

The historical data trend for First Ship Lease Trust's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Ship Lease Trust Operating Margin % Chart

First Ship Lease Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.91 24.88 40.61 41.60 31.93

First Ship Lease Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.86 38.66 44.38 30.76 33.08

FRA:LJ9 vs URI, SUNB, AER: Operating Margin % Comparison

For the Rental & Leasing Services subindustry, First Ship Lease Trust's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Ship Lease Trust Operating Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, First Ship Lease Trust's Operating Margin % distribution charts can be found below:

* The bar in red indicates where First Ship Lease Trust's Operating Margin % falls into.



First Ship Lease Trust Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

First Ship Lease Trust's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1.65 / 5.168
=31.93 %

First Ship Lease Trust's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0.862 / 2.606
=33.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 33.08% mean?
First Ship Lease Trust (FRA:LJ9) has a Operating Margin % of 33.08% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on First Ship Lease Trust and its competitors. This is 17% above median its historical median of 28.34. Over the past decade, First Ship Lease Trust's Operating Margin % has ranged from 3.91 to 41.60. According to the industry distribution chart, First Ship Lease Trust ranks #53 out of 1070 companies in the Business Services industry, placing it in the top 5%.
Is First Ship Lease Trust's Operating Margin % too high?
First Ship Lease Trust's current Operating Margin % of 33.08% is 17% above median its 10-year median of 28.34. Over the past 10 years, this metric has ranged from a low of 3.91 to a high of 41.60. The Business Services industry median Operating Margin % is 6.37. First Ship Lease Trust's value of 33.08% is 419.7% above this industry median. Based on the distribution chart, First Ship Lease Trust ranks #53 out of 1070 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does First Ship Lease Trust's Operating Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, First Ship Lease Trust ranks #53 out of 1070 companies for Operating Margin %. This places First Ship Lease Trust in the top 5% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.37. First Ship Lease Trust's value of 33.08% is 419.7% above this benchmark. Historically, First Ship Lease Trust's own Operating Margin % has ranged from 3.91 to 41.60 over the past decade. While the company's 10-year median is 28.34 vs. the industry median of 6.37, First Ship Lease Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Business Services company?
The median Operating Margin % among Business Services companies is 6.37, based on 1,070 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Ship Lease Trust's current Operating Margin % of 33.08% is 419.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on First Ship Lease Trust and its competitors. For the Business Services industry, the median Operating Margin % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Ship Lease Trust's current Operating Margin % is 33.08%, which is 17% above median its own 10-year median of 28.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Ship Lease Trust stock overvalued right now?
First Ship Lease Trust (FRA:LJ9) has a current Operating Margin % of 33.08%. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 58% above its estimated fair value. The current Operating Margin % is 33.08%, which is 17% above median its 10-year median of 28.34 and 419.7% above the Business Services industry median of 6.37. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For First Ship Lease Trust (FRA:LJ9), the current Operating Margin % is 33.08% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Ship Lease Trust Business Description

Other Exchanges D8DU:Singapore
Address 7 Temasek Boulevard, No. 26-02 Suntec Tower One, Singapore, SGP, 038987
First Ship Lease Trust is engaged in the shipping business. The trust acts as a shipowner and provider of leasing services to the international shipping industry. The group has one segment that is only involved in the leasing and chartering of vessels which is carried out in international waters. The company has 6 vessels chartered to an international shipping company on fixed-rate period bareboat charters.