Teekay Tankers
TNK
#4855
Rank
NZ$2.55 B
Marketcap
$74.48
Share price
-1.54%
Change (1 day)
-16.86%
Change (1 year)

Operating Margin for Teekay Tankers (TNK)

Operating Margin as of November 2024 (TTM): 21.59%

According to Teekay Tankers's latest financial reports and stock price the company's current Operating Margin is 21.59%. At the end of 2022 the company had an Operating Margin of 21.60%.

Operating Margin history for Teekay Tankers from 2007 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202221.60%-147.95%
2021-45.04%-522.08%
202010.67%137.62%
20194.49%-164.59%
2018-6.95%-48.33%
2017-13.46%-212.81%
201611.93%-65.85%
201534.94%38.46%
201425.23%-603.54%
2013-5.01%-97.48%
2012-199.10%278.69%
2011-52.58%-307.3%
201025.36%-30.96%
200936.74%-34.28%
200855.90%92.48%
200729.04%7.38%
200627.04%-26.01%
200536.55%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
31.03% 43.72%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
30.24% 40.06%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
36.14% 67.39%๐Ÿ‡จ๐Ÿ‡ฆ Canada
4.45%-79.39%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
68.53% 217.42%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
36.43% 68.74%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
13.77%-36.22%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.