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Eagle Bulk Shipping (Eagle Bulk Shipping) Operating Margin % : 12.48% (As of Dec. 2023)


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What is Eagle Bulk Shipping Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Eagle Bulk Shipping's Operating Income for the three months ended in Dec. 2023 was $13.0 Mil. Eagle Bulk Shipping's Revenue for the three months ended in Dec. 2023 was $104.6 Mil. Therefore, Eagle Bulk Shipping's Operating Margin % for the quarter that ended in Dec. 2023 was 12.48%.

The historical rank and industry rank for Eagle Bulk Shipping's Operating Margin % or its related term are showing as below:

EGLE' s Operating Margin % Range Over the Past 10 Years
Min: -76.04   Med: 0.11   Max: 43.3
Current: 4.74


EGLE's Operating Margin % is ranked worse than
64.06% of 971 companies
in the Transportation industry
Industry Median: 7.69 vs EGLE: 4.74

Eagle Bulk Shipping's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Eagle Bulk Shipping's Operating Income for the three months ended in Dec. 2023 was $13.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $18.7 Mil.


Eagle Bulk Shipping Operating Margin % Historical Data

The historical data trend for Eagle Bulk Shipping'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.

* Premium members only.

Eagle Bulk Shipping Operating Margin % Chart

Eagle Bulk Shipping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 -1.42 43.30 34.07 4.74

Eagle Bulk Shipping Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.87 2.16 6.92 -4.45 12.48

Competitive Comparison of Eagle Bulk Shipping's Operating Margin %

For the Marine Shipping subindustry, Eagle Bulk Shipping'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.


Eagle Bulk Shipping's Operating Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Eagle Bulk Shipping's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Eagle Bulk Shipping's Operating Margin % falls into.



Eagle Bulk Shipping 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.

Eagle Bulk Shipping's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=18.665 / 393.799
=4.74 %

Eagle Bulk Shipping's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=13.049 / 104.589
=12.48 %

* 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.


Eagle Bulk Shipping  (NYSE:EGLE) 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.


Eagle Bulk Shipping Operating Margin % Related Terms

Thank you for viewing the detailed overview of Eagle Bulk Shipping's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Eagle Bulk Shipping (Eagle Bulk Shipping) Business Description

Traded in Other Exchanges
Address
300 First Stamford Place, 5th Floor, Stamford, CT, USA, 06902
Eagle Bulk Shipping Inc is a U.S.-based, fully integrated shipowner-operator, providing global transportation solutions to miners, producers, traders and end users. The company is engaged in the ocean transportation of drybulk cargoes worldwide through the ownership, charter and operation of drybulk vessels. The company focuses on the versatile midsize drybulk vessel segment. The Company's fleet is comprised of Supramax and Ultramax drybulk carriers.
Executives
Justin A. Knowles director 9-10 ST. ANDREW SQUARE, EDINBURGH X0 EH2 2AF
Castor Maritime Inc. 10 percent owner CHRISTODOULOU CHATZIPAVLOU 223, HAWAII ROYAL GARDENS, APART. 16, LIMASSOL G4 3036
Gary Vogel director, officer: Chief Executive Officer C/O EAGLE BULK SHIPPING INC., 477 MADISON AVENUE, NEW YORK NY 10022
Oaktree Fund Gp I, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Danaos Corp 10 percent owner 14 AKTI KONDYLI, 185 45 PIRAEUS, ATHENS J3 00000
Oaktree Capital I, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Holdings I, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Holdings, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Tsoutsoplides Constantine officer: Chief Financial Officer C/O EAGLE BULK SHIPPING INC., 300 FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexandra Kate Blankenship director 33 BENEDICT PLACE, 2ND FLOOR, GREENWICH CT 06830
De Costanzo Frank officer: Chief Financial Officer C/O EAGLE BULK SHIPPING INC., 300 FIRST STAMFORD PLACE, 5TH FLOOR, STAMFORD CT 06902
Randee E Day director 217 DEBRA LANE, PALM BEACH FL 33480
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071

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