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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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Operating Margin
Teekay Tankers Ltd

32.8%
Current
18%
Average
12.3%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
32.8%
=
Operating Profit
390.7m
/
Revenue
1.2B

Operating Margin Across Competitors

Country CA
Market Cap 1.4B USD
Operating Margin
33%
Country CA
Market Cap 130.9B CAD
Operating Margin
19%
Country US
Market Cap 68.3B USD
Operating Margin
12%
Country US
Market Cap 66.3B USD
Operating Margin
35%
Country US
Market Cap 67.1B USD
Operating Margin
11%
Country US
Market Cap 60.7B USD
Operating Margin
28%
Country US
Market Cap 59.4B USD
Operating Margin
23%
Country US
Market Cap 49.4B USD
Operating Margin
45%
Country CA
Market Cap 69.1B CAD
Operating Margin
42%
Country US
Market Cap 47.4B USD
Operating Margin
42%
Country US
Market Cap 39.5B USD
Operating Margin
16%
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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

See Also

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What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
32.8%
=
Operating Profit
390.7m
/
Revenue
1.2B
What is the Operating Margin of Teekay Tankers Ltd?

Based on Teekay Tankers Ltd's most recent financial statements, the company has Operating Margin of 32.8%.