Teekay Tankers
TNK
$39.19
Share price
3.43%
Change (1 day)
89.78%
Change (1 year)
Operating Margin for Teekay Tankers (TNK)
Operating Margin as of May 2023 (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 2013 to 2012
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -45.04% | -522.08% |
| 2020 | 10.67% | 63.89% |
| 2019 | 6.51% | -193.65% |
| 2018 | -6.95% | -43.1% |
| 2017 | -12.22% | -191.51% |
| 2016 | 13.35% | -61.77% |
| 2015 | 34.94% | 38.46% |
| 2014 | 25.23% | -603.54% |
| 2013 | -5.01% | -97.48% |
| 2012 | -199.10% | 2557.49% |
| 2011 | -7.49% | -129.54% |
| 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% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 DHT Holdings DHT | -3.76% | -91.65% | 🇧🇲 Bermuda |
 Golar LNG
GLNG | 0.00% | N/A | 🇧🇲 Bermuda |
 Teekay TK | -41.38% | -8.13% | 🇨🇦 Canada |
 SFL Corp
SFL | 32.01% | -171.07% | 🇧🇲 Bermuda |
 Nordic American Tankers NAT | -89.63% | 99.00% | 🇧🇲 Bermuda |
 Frontline FRO | 33.08% | -173.45% | 🇧🇲 Bermuda |
 Ardmore Shipping
ASC | 31.15% | -169.16% | 🇧🇲 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.