According to Scorpio Tankers 's latest financial reports and stock price the company's current Operating Margin is 40.77%. At the end of 2022 the company had an Operating Margin of 40.77%.
Year | Operating Margin | Change |
---|---|---|
2022 | 40.77% | -194.06% |
2021 | -43.35% | -521.83% |
2020 | 10.28% | -249.27% |
2019 | -6.88% | -78.81% |
2018 | -32.49% | 5.27% |
2017 | -30.86% | 547.84% |
2016 | -4.76% | -116.53% |
2015 | 28.81% | 89.62% |
2014 | 15.20% | 85.38% |
2013 | 8.20% | -135.64% |
2012 | -23.00% | 110.11% |
2011 | -10.95% | -465.93% |
2010 | 2.99% | -90.54% |
2009 | 31.62% | -24.02% |
2008 | 41.61% | -19.35% |
2007 | 51.60% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Tsakos Energy Navigation TNP | 24.22% | -40.59% | ๐ฌ๐ท Greece |
Teekay Tankers TNK | -45.04% | -210.47% | ๐จ๐ฆ Canada |
Teekay TK | -41.38% | -201.50% | ๐จ๐ฆ Canada |
Ardmore Shipping
ASC | 31.15% | -23.60% | ๐ง๐ฒ Bermuda |
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.