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Teekay Tankers Ltd
NYSE:TNK

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Teekay Tankers Ltd
NYSE:TNK
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Price: 70.62 USD -1.68% Market Closed
Updated: May 21, 2024

Gross Margin
Teekay Tankers Ltd

47.1%
Current
31%
Average
35.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
47.1%
=
Gross Profit
615.7m
/
Revenue
1.3B

Gross Margin Across Competitors

Country CA
Market Cap 2.4B USD
Gross Margin
47%
Country CA
Market Cap 106.4B CAD
Gross Margin
53%
Country US
Market Cap 62.2B USD
Gross Margin
20%
Country US
Market Cap 54.4B USD
Gross Margin
23%
Country US
Market Cap 50.5B USD
Gross Margin
82%
Country US
Market Cap 48.3B USD
Gross Margin
36%
Country US
Market Cap 44B USD
Gross Margin
50%
Country US
Market Cap 41.2B USD
Gross Margin
59%
Country CA
Market Cap 54.9B CAD
Gross Margin
69%
Country US
Market Cap 36.8B USD
Gross Margin
64%
Country US
Market Cap 26.1B USD
Gross Margin
32%

Profitability Report

View the profitability report to see the full profitability analysis for Teekay Tankers Ltd.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
47.1%
=
Gross Profit
615.7m
/
Revenue
1.3B
What is the Gross Margin of Teekay Tankers Ltd?

Based on Teekay Tankers Ltd's most recent financial statements, the company has Gross Margin of 47.1%.