Ocean Bio-Chem EBIT

Ocean Bio-Chem posts a EBIT of $1.7M as of June 2022. That compares with $13M in the prior-year period — down 86.5% year over year. That is below the Materials sector average of $15B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Ocean Bio-Chem's EBIT was $13M. The latest reading is $1.7M — a 86.5% year-over-year decrease (period ending June 2022). Use the history and growth charts on this page for a longer lookback.

For Materials stocks, a EBIT near $15B is typical. Ocean Bio-Chem's $1.7M is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of Ocean Bio-Chem's financial statement story. At $1.7M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for OBCI's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $15B), and (3) consistency with growth and profitability. This page covers the first two; Ocean Bio-Chem's other metric pages and overview cover the third.