Pyxis Tankers Warrant(Pxsaw) Financials: Net Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for PXSAW
Report - net profit margin
This chart shows the historical trend of net profit margin for PXSAW compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Net Profit Margin
Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.
Interpretation:
• In '2021', PXSAW's net profit margin was -48.7%, measuring the overall profitability of the company. Industry average for Marine Transportation in '2021' stood at -31.5%.
• In '2022', PXSAW's net profit margin was 22.9%, measuring the overall profitability of the company. The increase since '2021' reflects strengthening financial performance. Industry average for Marine Transportation in '2022' stood at 31.8%. Industry average increased by 63.4% compared to previous year.
• In '2023', PXSAW's net profit margin was 81.5%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Marine Transportation in '2023' stood at 33.1%. Industry average increased by 1.2% compared to previous year.
• In '2024', PXSAW's net profit margin was 25.0%, measuring the overall profitability of the company. The decline from '2023' may indicate some operational or financial challenges. Industry average for Marine Transportation in '2024' stood at 13.1%. Industry average declined by 20.0% from previous year.
Overall, PXSAW's net profit margin has been volatile but showed an upward trend over the past 4 years.
Formula: Net Profit Margin = Net Income / Revenue
Good Range: Ranges 5%-20% for many industries.