Teekay
TK
$8.79
Share price
1.50%
Change (1 day)
61.88%
Change (1 year)
Operating Margin for Teekay (TK)
Operating Margin as of May 2024 (TTM): -41.38%
According to Teekay's latest financial reports and stock price the company's current Operating Margin is -41.38%. At the end of 2021 the company had an Operating Margin of -41.38%.
Operating Margin history for Teekay from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -41.38% | -851.56% |
| 2020 | 5.51% | -186.73% |
| 2019 | -6.35% | 185.14% |
| 2018 | -2.23% | -91.9% |
| 2017 | -27.49% | -675.93% |
| 2016 | 4.77% | -69.91% |
| 2015 | 15.86% | 135.73% |
| 2014 | 6.73% | 221.11% |
| 2013 | 2.10% | -112.59% |
| 2012 | -16.64% | -14.99% |
| 2011 | -19.57% | 134.11% |
| 2010 | -8.36% | -178.05% |
| 2009 | 10.71% | -166.29% |
| 2008 | -16.16% | -202.54% |
| 2007 | 15.76% | -26.12% |
| 2006 | 21.33% | -15.85% |
| 2005 | 25.35% | -24.28% |
| 2004 | 33.48% | 33% |
| 2003 | 25.17% | 65.2% |
| 2002 | 15.24% | -58.72% |
| 2001 | 36.90% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Tsakos Energy Navigation TNP | 24.22% | -158.53% | 🇬🇷 Greece |
 Golar LNG
GLNG | 48.20% | -216.48% | 🇧🇲 Bermuda |
 Teekay Tankers TNK | -45.04% | 8.84% | 🇨🇦 Canada |
 SFL Corp
SFL | 32.01% | -177.36% | 🇧🇲 Bermuda |
 Nordic American Tankers NAT | -89.63% | 116.60% | 🇧🇲 Bermuda |
 Ardmore Shipping
ASC | 31.15% | -175.28% | 🇧🇲 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.