United Maritime (United Maritime) Net Margin % : -12.64% (As of Mar. 2024)

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What is United Maritime Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. United Maritime's Net Income for the three months ended in Mar. 2024 was $-1.34 Mil. United Maritime's Revenue for the three months ended in Mar. 2024 was $10.60 Mil. Therefore, United Maritime's net margin for the quarter that ended in Mar. 2024 was -12.64%.

The historical rank and industry rank for United Maritime's Net Margin % or its related term are showing as below:

USEA' s Net Margin % Range Over the Past 10 Years
Min: -4.01 Med: 26.45 Max: 164.55
Current: 8.59

USEA's Net Margin % is ranked better than
61.45% of 965 companies
in the Transportation industry
Industry Median: 5.4 vs USEA: 8.59

United Maritime Net Margin % Historical Data

The historical data trend for United Maritime's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Maritime Net Margin % Chart

United Maritime Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-4.01

26.45

29.34

164.55

0.61

United Maritime Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial							-173.24	-30.24	75.85	-6.28	-12.64

Competitive Comparison of United Maritime's Net Margin %

For the Marine Shipping subindustry, United Maritime's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

United Maritime's Net Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Maritime's Net Margin % distribution charts can be found below:

* The bar in red indicates where United Maritime's Net Margin % falls into.

United Maritime Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

United Maritime's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	0.221	/	36.067
	=	0.61 %

United Maritime's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-1.34	/	10.598
	=	-12.64 %

United Maritime (NAS:USEA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

United Maritime Net Margin % Related Terms

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United Maritime (United Maritime) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Maritime Corp (NAS:USEA) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

YS9:Germany

Address

154 Vouliagmenis Avenue, Glyfada, GRC, 166 74

Website

https://www.unitedmaritime.gr/en

United Maritime Corp operates as a shipping company currently specializing in the worldwide seaborne transportation of dry bulk commodities. It currently operates one LR2 tanker vessel and three Capesize dry bulk vessels, one Kamsarmax dry bulk vessel and one Panamax dry bulk vessel, with an aggregate cargo-carrying capacity of approximately 795,812 dwt.