Tsakos Energy Navigation
TNP
$20.78
Share price
-1.28%
Change (1 day)
65.31%
Change (1 year)
Operating Margin for Tsakos Energy Navigation (TNP)
Operating Margin as of September 2023 (TTM): 24.22%
According to Tsakos Energy Navigation's latest financial reports and stock price the company's current Operating Margin is 24.22%. At the end of 2021 the company had an Operating Margin of -27.57%.
Operating Margin history for Tsakos Energy Navigation from 2002 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -27.57% | -752.44% |
| 2020 | 4.23% | 80.25% |
| 2019 | 2.34% | -112.3% |
| 2018 | -19.07% | -1198.63% |
| 2017 | 1.74% | -85.2% |
| 2016 | 11.73% | -56.5% |
| 2015 | 26.96% | 300.53% |
| 2014 | 6.73% | -173% |
| 2013 | -9.22% | -25.96% |
| 2012 | -12.45% | -2341.55% |
| 2011 | 0.56% | -97.29% |
| 2010 | 20.53% | -0.13% |
| 2009 | 20.56% | -54.06% |
| 2008 | 44.75% | -10.27% |
| 2007 | 49.88% | 3.93% |
| 2006 | 47.99% | 29.62% |
| 2005 | 37.03% | -5.04% |
| 2004 | 38.99% | 27.19% |
| 2003 | 30.65% | 50.33% |
| 2002 | 20.39% | -32.81% |
| 2001 | 30.35% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Golar LNG
GLNG | 48.20% | 99.01% | 🇧🇲 Bermuda |
 Teekay TK | -41.38% | -270.85% | 🇨🇦 Canada |
 Scorpio Tankers
STNG | 40.77% | 68.33% | 🇲🇨 Monaco |
 Frontline FRO | 37.50% | 54.83% | 🇧🇲 Bermuda |
 Ardmore Shipping
ASC | 31.15% | 28.61% | 🇧🇲 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.