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Teekay Tankers Ltd
NYSE:TNK

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Teekay Tankers Ltd
NYSE:TNK
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Price: 39.75 USD 1.69% Market Closed
Market Cap: 1.4B USD
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Net Margin
Teekay Tankers Ltd

35.4%
Current
10%
Average
7%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
35.4%
=
Net Income
422.3m
/
Revenue
1.2B

Net Margin Across Competitors

Country CA
Market Cap 1.4B USD
Net Margin
35%
Country CA
Market Cap 130.9B CAD
Net Margin
13%
Country US
Market Cap 68.3B USD
Net Margin
10%
Country US
Market Cap 66.3B USD
Net Margin
27%
Country US
Market Cap 67.1B USD
Net Margin
5%
Country US
Market Cap 60.7B USD
Net Margin
17%
Country US
Market Cap 59.4B USD
Net Margin
14%
Country US
Market Cap 49.4B USD
Net Margin
36%
Country CA
Market Cap 69.1B CAD
Net Margin
31%
Country US
Market Cap 47.4B USD
Net Margin
23%
Country US
Market Cap 39.5B USD
Net Margin
8%
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Teekay Tankers Ltd
Glance View

Market Cap
1.4B USD
Industry
Energy

Teekay Tankers Ltd. operates as a unique player in the global maritime industry, focusing on the transportation of crude oil with a modern and versatile fleet of oil tankers. Established as a subsidiary of the larger Teekay Corporation, the company has carved out its niche by providing seaborne transportation services through its astutely managed fleet. It primarily operates Suezmax, Aframax, and Long Range 2 (LR2) tankers. These specialized vessels are engineered to carry large quantities of oil, adeptly navigating the world's oceans and delivering crucial energy resources to refineries and markets worldwide. This fleet composition allows Teekay Tankers to adjust quickly to fluctuations in demand and shipping routes, ensuring their operations remain robust across various economic cycles. Teekay Tankers generates its revenue primarily through time-charter and spot market contracts. In the time-charter model, Teekay leases its vessels to customers for predetermined periods, providing a steady and predictable revenue stream. Meanwhile, in the spot market, the company capitalizes on short-term opportunities by transporting oil on a voyage-by-voyage basis, potentially reaping higher rates when market conditions are favorable. This hybrid approach offers a balance of stability and flexibility, allowing Teekay Tankers to optimize its earnings in both stable and volatile market scenarios. By focusing on operational efficiency and strategic market positioning, Teekay Tankers not only ensures steady financial health but also fortifies its reputation as a reliable partner in the global oil supply chain.

TNK Intrinsic Value
110.47 USD
Undervaluation 64%
Intrinsic Value
Price
T

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
35.4%
=
Net Income
422.3m
/
Revenue
1.2B
What is the Net Margin of Teekay Tankers Ltd?

Based on Teekay Tankers Ltd's most recent financial statements, the company has Net Margin of 35.4%.