Valuation check: OBCI's profit margin is 12.12%, below the Materials sector average of 17.01%.
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+ FollowAs of Jun 2022
Trailing 12 months ending Jun 2022
Ocean Bio-Chem (OBCI) currently reports a profit margin of 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 17.01%. Use the charts on this page to explore Ocean Bio-Chem's profit margin history and peer comparisons.
Ocean Bio-Chem's profit margin decreased from 16.5% to 12.12% — a 26.5% year-over-year decrease (period ending June 2022). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Ocean Bio-Chem's profit margin of 12.12% is lower than the Materials sector average of 17.01%. That is roughly 28.7% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but Ocean Bio-Chem's current 12.12% should be judged against Materials norms (sector average: 17.01%) and against OBCI's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of 12.12%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Materials average is 17.01%. From there, open related valuation or income-statement pages for Ocean Bio-Chem, and consider following OBCI for alerts when major investors trade the stock.