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%.
Year | Operating Margin | Change |
---|---|---|
2022 | 21.60% | -147.95% |
2021 | -45.04% | -522.08% |
2020 | 10.67% | 137.62% |
2019 | 4.49% | -164.59% |
2018 | -6.95% | -48.33% |
2017 | -13.46% | -212.81% |
2016 | 11.93% | -65.85% |
2015 | 34.94% | 38.46% |
2014 | 25.23% | -603.54% |
2013 | -5.01% | -97.48% |
2012 | -199.10% | 278.69% |
2011 | -52.58% | -307.3% |
2010 | 25.36% | -30.96% |
2009 | 36.74% | -34.28% |
2008 | 55.90% | 92.48% |
2007 | 29.04% | 7.38% |
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.