Teekay LNG Partners LP EBIT margin
What is the EBIT margin of Teekay LNG Partners LP?
The EBIT margin of Teekay LNG Partners LP is 43.86%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Industrials sector on NYSE compared to Teekay LNG Partners LP
What does Teekay LNG Partners LP do?
Teekay LNG is one of the world's largest independent owners and operators of LNG carriers, providing LNG and LPG services primarily under long-term, fee-based charter contracts through its interests in 47 LNG carriers, 23 mid-size LPG carriers, and seven multi-gas carriers. The Partnership's ownership interests in these vessels range from 20 to 100 percent. In addition, the Partnership owns a 30 percent interest in a regasification terminal. Teekay LNG is a publicly-traded master limited partnership formed by Teekay Corporation as part of its strategy to expand its operations in the LNG and LPG shipping sectors.
Companies with ebit margin similar to Teekay LNG Partners LP
- Fiducial Real Estate SA has EBIT margin of 43.56%
- Marlin Business Services Corp has EBIT margin of 43.59%
- Victory Capital Inc has EBIT margin of 43.72%
- Community Trust has EBIT margin of 43.79%
- S & T has EBIT margin of 43.81%
- carsales.com has EBIT margin of 43.85%
- Teekay LNG Partners LP has EBIT margin of 43.86%
- Vista S.A.B. de C.V has EBIT margin of 43.88%
- MarketAxess has EBIT margin of 43.90%
- Capital India Finance has EBIT margin of 43.94%
- York Water Co has EBIT margin of 43.97%
- Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has EBIT margin of 44.01%
- Huali University Ltd has EBIT margin of 44.02%