Teekay Tankers
TNK
#4117
Rank
$2.13 B
Marketcap
$62.28
Share price
-1.64%
Change (1 day)
63.77%
Change (1 year)

Operating Margin for Teekay Tankers (TNK)

Operating Margin as of July 2024 (TTM): -45.04%

According to Teekay Tankers's latest financial reports and stock price the company's current Operating Margin is -45.04%. At the end of 2021 the company had an Operating Margin of -45.04%.

Operating Margin history for Teekay Tankers from 2007 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-45.04%-522.08%
202010.67%63.89%
20196.51%-193.65%
2018-6.95%-43.1%
2017-12.22%-191.51%
201613.35%-61.77%
201534.94%38.46%
201425.23%-603.54%
2013-5.01%-97.48%
2012-199.10%2557.49%
2011-7.49%-129.54%
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
37.50%-183.26%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
32.01%-171.07%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-41.38%-8.13%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-89.63% 99.00%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
48.20%-207.02%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
31.15%-169.16%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-3.76%-91.65%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.