OceanPal Inc (OP)
2.61
+0.03
(+1.16%)
USD |
NASDAQ |
May 13, 16:00
2.65
+0.04
(+1.53%)
After-Hours: 20:00
OceanPal Gross Profit Margin (Quarterly): 29.56% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 29.56% |
September 30, 2023 | -44.49% |
June 30, 2023 | 1.06% |
March 31, 2023 | -29.01% |
Date | Value |
---|---|
December 31, 2022 | -19.25% |
September 30, 2022 | 39.92% |
June 30, 2022 | 33.00% |
March 31, 2022 | 32.12% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-44.49%
Minimum
Sep 2023
39.92%
Maximum
Sep 2022
5.36%
Average
15.31%
Median
Gross Profit Margin (Quarterly) Benchmarks
Eagle Bulk Shipping Inc (DELISTED) | 28.92% |
Kirby Corp | 24.71% |
Matson Inc | 15.22% |
Pangaea Logistics Solutions Ltd | 12.73% |
United Maritime Corp | 23.80% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -2.20% |
Return on Assets | -2.11% |
Return on Invested Capital | -2.20% |
Profit Margin (Quarterly) | 1.00% |
Operating Margin (Quarterly) | -1.64% |
Return on Net Operating Assets | -2.67% |