Valuation check: OBCI's profit margin is 12.12%, below the Materials sector average of 16.09%.
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+ FollowAs of Jun 2022
Trailing 12 months ending Jun 2022
Ocean Bio-Chem's profit margin stands at 12.12% as of June 2022. That compares with 16.5% in the prior-year period — down 26.5% year over year. That is below the Materials sector average of 16.09%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Ocean Bio-Chem reported 12.12% in profit margin versus 16.5% a year earlier — a 26.5% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
Ocean Bio-Chem sits lower the Materials benchmark (16.09%) with a profit margin of 12.12%. That is roughly 24.6% 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 12.12% for Ocean Bio-Chem 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 Ocean Bio-Chem's profit margin evolved across reporting periods, while the comparison chart places OBCI 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.