Teekay (TK) Operating Margin (2009 - 2026)
Teekay's Operating Margin came in at 58.24% for Q2 2026, up 35.56 percentage points from 22.68% a year earlier.
Teekay (TK) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Teekay reported Operating Margin of 40.29%, up 14.78 percentage points year-over-year; for FY2025, it was 31.89%, up 1.96 percentage points from FY2024.
- Operating Margin carries a five-year change of +40.43 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 29.93% in FY2024 (-6.37 pp), 36.30% in FY2023 (+15.65 pp), 20.65% in FY2022 (+47.81 pp) and -27.16% in FY2021 (-18.62 pp).
- The Q2 2026 figure represents the highest quarterly Operating Margin in data going back to Q1 2009.
- Year-over-year, Operating Margin increased in two of the last five quarters, with an average year-over-year change of +5.84 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2022 (a gain of 73.28 percentage points), and the weakest in Q3 2021 (a drop of 33.57 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 40.25% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 38.27% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 35.35% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 4.07% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 32.44% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 6.20% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 9.43% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 29.94% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 13.12% |
| 10 | Teekay | 1.20 Bn | -974.82 Mn | - | 58.24% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.24% |
| Dec 31, 2025 | 42.55% |
| Jun 30, 2025 | 22.68% |
| Dec 31, 2024 | 27.41% |
| Sep 30, 2024 | 19.14% |
| Jun 30, 2024 | 31.35% |
| Mar 31, 2024 | 38.48% |
| Dec 31, 2023 | 33.30% |
| Sep 30, 2023 | 26.07% |
| Jun 30, 2023 | 39.88% |
| Mar 31, 2023 | 42.95% |
| Dec 31, 2022 | 37.65% |
| Sep 30, 2022 | 27.50% |
| Jun 30, 2022 | 9.54% |
| Mar 31, 2022 | -5.91% |
| Dec 31, 2021 | -13.79% |
| Sep 30, 2021 | -30.70% |
| Jun 30, 2021 | -63.74% |
| Mar 31, 2021 | -8.17% |
| Dec 31, 2020 | -23.28% |
Teekay Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=TK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "TK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=TK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();