Castor Maritime Inc
NASDAQ:CTRM

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Castor Maritime Inc
NASDAQ:CTRM
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Price: 2.32 USD -2.11%
Market Cap: 22.4m USD

Operating Margin
Castor Maritime Inc

2.3%
Current
34%
Average
12.7%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
2.3%
=
Operating Profit
1.5m
/
Revenue
66.2m

Operating Margin Across Competitors

Castor Maritime Inc
Glance View

Market Cap
22.4m USD
Industry
Marine

Castor Maritime, Inc. engages in the provision of shipping transportation services through its ownership of dry bulk vessels. The firm is engaged in the ocean transportation of dry bulk cargoes worldwide through the ownership and operation of bulk carrier vessels. The company also aims to increase its fleet through acquisitions of new and modern vessels.

CTRM Intrinsic Value
Not Available
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
2.3%
=
Operating Profit
1.5m
/
Revenue
66.2m
What is the Operating Margin of Castor Maritime Inc?

Based on Castor Maritime Inc's most recent financial statements, the company has Operating Margin of 2.3%.

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