Latest profit margin for Eagle Bulk Shipping: 6.14% — see history and peer comparisons.
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+ FollowAs of Dec 2023
Trailing 12 months ending Dec 2023
Eagle Bulk Shipping's profit margin stands at 6.14% as of December 2023. That compares with 34.45% in the prior-year period — down 82.2% year over year. That is below the Industrials sector average of 10.13%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Eagle Bulk Shipping reported 6.14% in profit margin versus 34.45% a year earlier — a 82.2% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
Eagle Bulk Shipping sits lower the Industrials benchmark (10.13%) with a profit margin of 6.14%. That is roughly 39.3% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A profit margin of 6.14% for Eagle Bulk Shipping means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Eagle Bulk Shipping's profit margin evolved across reporting periods, while the comparison chart places EGLE next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.