Teekay
TK
#5402
Rank
$0.83 B
Marketcap
$9.09
Share price
-2.05%
Change (1 day)
51.75%
Change (1 year)

Operating Margin for Teekay (TK)

Operating Margin as of June 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%
20205.51%-186.73%
2019-6.35%185.14%
2018-2.23%-91.9%
2017-27.49%-675.93%
20164.77%-69.91%
201515.86%135.73%
20146.73%221.11%
20132.10%-112.59%
2012-16.64%-14.99%
2011-19.57%134.11%
2010-8.36%-178.05%
200910.71%-166.29%
2008-16.16%-202.54%
200715.76%-26.12%
200621.33%-15.85%
200525.35%-24.28%
200433.48%33%
200325.17%65.2%
200215.24%-58.72%
200136.90%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
24.22%-158.53%๐Ÿ‡ฌ๐Ÿ‡ท Greece
48.20%-216.48%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-45.04% 8.84%๐Ÿ‡จ๐Ÿ‡ฆ Canada
32.01%-177.36%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-89.63% 116.60%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
31.15%-175.28%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.