BackGrindrod Shipping Holdings Overview

Grindrod Shipping Holdings Profit Margin

Valuation check: GRIN's profit margin is -2.49%, below the Industrials sector average of 10.37%.

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Quarterly Profit Margin

-2.68%
52.39% YoY

As of Dec 2023

Annual Profit Margin (TTM)

-2.49%
111.07% YoY

Trailing 12 months ending Dec 2023

Average Profit Margin (Comparison Companies)

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Profit Margin History

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Profit Margin Comparison

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Annual Profit Margin Growth Rate (%)

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Grindrod Shipping Holdings (GRIN) FAQ

The latest profit margin for GRIN is -2.49% as of December 2023. That compares with 22.45% in the prior-year period — down 111.1% year over year. That is below the Industrials sector average of 10.37%. Investors often review this figure alongside Grindrod Shipping Holdings's historical trend and sector peers before judging valuation or financial health.

Over the past year, GRIN's profit margin moved from 22.45% to -2.49% — a 111.1% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Grindrod Shipping Holdings's valuation or profitability profile.

Against Industrials companies, GRIN currently prints -2.49% for profit margin, while the sector average sits near 10.37%. That is roughly 124.0% below the sector mean. Large gaps often invite a closer look at Grindrod Shipping Holdings's growth, margins, and balance sheet.

Profit Margin shows how effectively Grindrod Shipping Holdings converts resources into returns. At -2.49%, GRIN may look efficient or underperforming depending on peer benchmarks and trend direction. That compares with 22.45% in the prior-year period — down 111.1% year over year. Pair the percentage with revenue growth and leverage for a fuller health check.

After noting GRIN's profit margin (-2.49%), review year-over-year change from 22.45%, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.