Castor Maritime Inc.
CTRM
Rank in Stocks
#27980
Castor Maritime Inc. operates as a global shipping company, offering maritime... Castor Maritime Inc. operates as a global shipping company, offering maritime transportation services across three primary divisions: Dry Bulk, Aframax/LR2 Tanker, and Handysize Tanker. The firm is dedicated to the seaborne carriage of various goods, including dry bulk commodities such as iron ore, coal, and soybeans, as well as both crude oil and refined petroleum products. As of December 31, 2021, Castor Maritime maintained a fleet of 29 vessels, which prominently featured two Handysize tanker vessels, seven Aframax/LR2 tanker vessels, and fourteen dry bulk carriers. The company was founded in 2017 and has its base in Limassol, Cyprus.
Share Price
$1.33
Last synced: 2026-11-09
Market Cap
$12.80M
Change (1 day)
-2.57%
Change (1 year)
-34.41%
Country
Stock data: Financial Modeling Prep·Updated ·Not investment advice·How we calculate this
Trade Castor Maritime Inc. (CTRM)
Category
Industrials
Operating Margin for Castor Maritime Inc. (CTRM)
Operating Margin as of November 2026 TTM: 10.89%
According to Castor Maritime Inc.'s latest financial reports, its current operating margin (TTM) is 10.89%. At the end of 2025 the company had an operating margin of -0.11%.
Operating Margin history for Castor Maritime Inc. from 2017 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 10.89% | -10,000.00% |
| 2025 | -0.11% | -104.87% |
| 2024 | 2.26% | -89.99% |
| 2023 | 22.57% | -53.62% |
| 2022 | 48.66% | 15.75% |
| 2021 | 42.04% | 1,061.33% |
| 2020 | 3.62% | -84.74% |
| 2019 | 23.72% | -4.82% |
| 2018 | 24.92% | 22.70% |
| 2017 | 20.31% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 62.73% | -94.24% |
KR
|
|
| 43.96% | -95.96% |
IN
|
|
| 4.90% | -99.55% |
DK
|
|
| 16.15% | -98.52% |
CN
|
|
| 52.72% | -95.16% |
PH
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Castor Maritime Inc.'s operating margin
What is Castor Maritime Inc.'s operating margin?
Castor Maritime Inc.'s operating margin is 10.89%, as of Nov 2026.
What was Castor Maritime Inc.'s operating margin in 2025?
In 2025, Castor Maritime Inc.'s operating margin was -0.11%, compared with 2.26% in 2024.
How has Castor Maritime Inc.'s operating margin changed since 2020?
From 2020 to 2025, Castor Maritime Inc.'s operating margin was highest in 2022 (48.66%) and lowest in 2025 (-0.11%).
How does Castor Maritime Inc.'s operating margin compare with similar companies?
Castor Maritime Inc.'s operating margin (10.89%) is higher than that of 1 of the 5 similar companies listed above. The highest among them is Badaro No. 19 Ship Investment Company, with 62.73%.