Teekay (Teekay) Net Margin % : 10.43% (As of Dec. 2023)

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What is Teekay Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Teekay's Net Income for the three months ended in Dec. 2023 was $35 Mil. Teekay's Revenue for the three months ended in Dec. 2023 was $339 Mil. Therefore, Teekay's net margin for the quarter that ended in Dec. 2023 was 10.43%.

The historical rank and industry rank for Teekay's Net Margin % or its related term are showing as below:

TK' s Net Margin % Range Over the Past 10 Years
Min: -24.36 Med: -3.67 Max: 10.28
Current: 10.28

TK's Net Margin % is ranked better than
64.9% of 980 companies
in the Oil & Gas industry
Industry Median: 4.135 vs TK: 10.28

Teekay Net Margin % Historical Data

The historical data trend for Teekay's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Teekay Net Margin % Chart

Teekay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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-24.36

-7.24

1.14

6.59

10.28

Teekay Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															9.94	11.65	10.20	8.39	10.43

Competitive Comparison of Teekay's Net Margin %

For the Oil & Gas Midstream subindustry, Teekay's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Teekay's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teekay's Net Margin % distribution charts can be found below:

* The bar in red indicates where Teekay's Net Margin % falls into.

Teekay Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Teekay's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	150.641	/	1464.975
	=	10.28 %

Teekay's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	35.382	/	339.192
	=	10.43 %

Teekay (NYSE:TK) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Teekay Net Margin % Related Terms

Thank you for viewing the detailed overview of Teekay's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Teekay (Teekay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Corp (NYSE:TK) » Definitions » Net Margin %

Comparable Companies

NGL TNP PBT EE OSG SMLP NVGS DLNG BROG IMPP TSX:ENB EPD ET WMB OKE MPLX KMI TSX:TRP LNG TRGP

Traded in Other Exchanges

TK:Mexico TCD:Germany TCD:Germany

Address

69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08

Website

https://www.teekay.com

Teekay Corp is engaged in providing crude oil and gas marine transportation services. It also offers offshore oil production, storage, and offloading services, primarily under long-term, fixed-rate contracts. The company has three primary lines of business: offshore production (FPSO units), operational and maintenance marine services, and conventional tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.