Teekay LNG Partners LP EBITDA margin
What is the EBITDA margin of Teekay LNG Partners LP?
The EBITDA margin of Teekay LNG Partners LP is 72.68%
What is the definition of EBITDA margin?
EBITDA margin is a profitability ratio that measures how much EBITDA the company generates as a percentage of revenue.
ttm (trailing twelve months)
EBITDA margin measures how much of EBITDA is generated as a percentage of sales. It measures the company’s operating profit as a percentage of its revenue and is calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization) divided by total revenue.
EBITDA margin also helps with judging the effectiveness of cost-cutting processes at the company. The higher the company’s EBITDA margin, the lower operating expenses are in respect to revenue. As a result, a higher EBITDA margin is considered more favorable. Smaller companies can have higher EBITDA margins since they are able to operate more efficiently and maximize their profitability.
EBITDA excludes interest on debt, taxes, and capital expenditures, the margin does not provide a perfectly clear estimate of the business’s cash flow generation. Furthermore, EBITDA margin is not recognized as a GAAP (generally accepted accounting principles) metric.
EBITDA 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 ebitda margin similar to Teekay LNG Partners LP
- Galapagos NV has EBITDA margin of 72.54%
- Reef Casino Trust has EBITDA margin of 72.54%
- SITE Centers Corp has EBITDA margin of 72.55%
- Diamondback Inc has EBITDA margin of 72.57%
- GCL New has EBITDA margin of 72.64%
- Public Storage has EBITDA margin of 72.65%
- Teekay LNG Partners LP has EBITDA margin of 72.68%
- Gladstone Commercial Corp has EBITDA margin of 72.78%
- Obsidian has EBITDA margin of 72.95%
- TLG Immobilien AG has EBITDA margin of 72.96%
- Vital has EBITDA margin of 73.10%
- Kosmos has EBITDA margin of 73.10%
- VitaSpring Biomedical Co has EBITDA margin of 73.12%