According to Teekay Tankers's latest financial reports and stock price the company's current Operating Margin is 32.86%. At the end of 2024 the company had an Operating Margin of 32.87%.
Year | Operating Margin | Change |
---|---|---|
2024 | 32.87% | -9.03% |
2023 | 36.13% | 79.09% |
2022 | 20.18% | -144.79% |
2021 | -45.04% | -522.08% |
2020 | 10.67% | 63.89% |
2019 | 6.51% | -217.22% |
2018 | -5.56% | -54.54% |
2017 | -12.22% | -199.2% |
2016 | 12.32% | -64.78% |
2015 | 34.98% | 39.54% |
2014 | 25.07% | -1694.73% |
2013 | -1.57% | -99.21% |
2012 | -199.10% | 258.75% |
2011 | -55.50% | 463.68% |
2010 | -9.85% | -137.36% |
2009 | 26.35% | -52.54% |
2008 | 55.52% | 103.46% |
2007 | 27.29% | 0.9% |
2006 | 27.04% | -26.01% |
2005 | 36.55% |
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.