Tsakos Energy Navigation
TNP
#5750
Rank
$0.86 B
Marketcap
$29.28
Share price
-0.54%
Change (1 day)
35.12%
Change (1 year)

Operating Margin for Tsakos Energy Navigation (TNP)

Operating Margin as of October 2024 (TTM): 21.93%

According to Tsakos Energy Navigation's latest financial reports and stock price the company's current Operating Margin is 21.93%. At the end of 2022 the company had an Operating Margin of 24.23%.

Operating Margin history for Tsakos Energy Navigation from 2002 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202224.23%-187.87%
2021-27.57%-752.44%
20204.23%80.25%
20192.34%-112.3%
2018-19.07%-1198.63%
20171.74%-85.2%
201611.73%-56.5%
201526.96%300.53%
20146.73%-173%
2013-9.22%-25.96%
2012-12.45%-44.69%
2011-22.51%-536.61%
20105.16%-74.92%
200920.56%-54.06%
200844.75%-10.27%
200749.88%3.93%
200647.99%-8.33%
200552.35%14.55%
200445.70%56.08%
200329.28%-70.43%
200299.03%226.31%
200130.35%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
36.14% 64.80%๐Ÿ‡จ๐Ÿ‡ฆ Canada
31.03% 41.50%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
40.77% 85.91%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
36.43% 66.12%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
68.53% 212.49%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.