TNK
Teekay Tankers Ltd
NYSE: TNK · ENERGY · OIL & GAS MIDSTREAM
$81.56
-1.77% today
Updated 2026-05-11
Market cap
$2.83B
P/E ratio
8.22
P/S ratio
2.97x
EPS (TTM)
$9.92
Dividend yield
1.23%
52W range
$41 – $84
Volume
0.5M
Teekay Tankers Ltd (TNK) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $153.09M | $146.31M | $144.17M | $113.30M | $139.48M | $215.07M | $185.93M | $162.41M | $226.47M | $514.19M | $526.90M | $431.18M | $755.76M | $943.92M | $886.43M | $542.37M | $1.18B | $1.47B | $1.23B | $951.80M |
| Revenue growth (YoY) | — | -4.4% | -1.5% | -21.4% | +23.1% | +54.2% | -13.5% | -12.6% | +39.4% | +127.0% | +2.5% | -18.2% | +75.3% | +24.9% | -6.1% | -38.8% | +117.2% | +25.1% | -16.6% | -22.6% |
| Cost of revenue | $68.19M | $69.21M | $32.97M | $36.33M | $47.00M | $91.58M | $170.15M | $154.01M | $175.32M | $305.64M | $401.63M | $383.90M | $707.76M | $778.09M | $635.01M | $600.38M | $871.99M | $892.03M | $835.04M | $690.22M |
| Gross profit | $84.91M | $77.10M | $111.20M | $76.98M | $92.48M | $123.49M | $15.78M | $8.40M | $51.16M | $208.56M | $125.26M | $47.28M | $48.00M | $165.83M | $251.42M | $-58.01M | $305.97M | $581.67M | $394.30M | $261.58M |
| Gross margin | 55.5% | 52.7% | 77.1% | 67.9% | 66.3% | 57.4% | 8.5% | 5.2% | 22.6% | 40.6% | 23.8% | 11.0% | 6.4% | 17.6% | 28.4% | -10.7% | 26.0% | 39.5% | 32.1% | 27.5% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $12.14M | $12.50M | $7.67M | $14.54M | $13.29M | $16.13M | $14.93M | $12.59M | $11.96M | $17.35M | $18.21M | $32.88M | $39.77M | $36.40M | $39.01M | $43.72M | $41.11M | $43.67M | $46.60M | $46.57M |
| Operating income | $57.15M | $48.96M | $80.58M | $41.62M | $35.37M | $-44.45M | $-340.19M | $3.41M | $58.27M | $187.20M | $86.46M | $1.42M | $7.20M | $123.88M | $141.57M | $-194.09M | $263.82M | $546.76M | $380.14M | $215.01M |
| Operating margin | 37.3% | 33.5% | 55.9% | 36.7% | 25.4% | -20.7% | -183.0% | 2.1% | 25.7% | 36.4% | 16.4% | 0.3% | 1.0% | 13.1% | 16.0% | -35.8% | 22.4% | 37.1% | 30.9% | 22.6% |
| EBITDA | $72.77M | $64.63M | $103.53M | $74.61M | $69.28M | $1.95M | $-277.81M | $51.24M | $117.73M | $256.37M | $193.95M | $99.12M | $132.81M | $250.83M | $329.63M | $-103.19M | $372.45M | $657.75M | $505.13M | $301.64M |
| EBITDA margin | 47.5% | 44.2% | 71.8% | 65.8% | 49.7% | 0.9% | -149.4% | 31.6% | 52.0% | 49.9% | 36.8% | 23.0% | 17.6% | 26.6% | 37.2% | -19.0% | 31.6% | 44.6% | 41.1% | 31.7% |
| EBIT | $57.15M | $48.96M | $80.58M | $45.95M | $23.82M | $-72.54M | $-350.17M | $3.41M | $67.58M | $182.61M | $89.80M | $-1.36M | $14.30M | $126.83M | $212.42M | $-209.27M | $273.42M | $560.20M | $411.54M | $215.01M |
| Interest expense | $15.74M | $6.46M | $29.27M | $7.01M | $7.51M | $40.54M | $20.01M | $10.45M | $9.13M | $17.39M | $29.78M | $31.29M | $58.65M | $65.36M | $51.52M | $35.03M | $35.74M | $27.71M | $7.47M | $2.90M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $40.15M | $42.49M | $51.84M | $38.93M | $16.31M | $-113.08M | $-370.18M | $-8.14M | $57.14M | $179.63M | $62.85M | $-58.02M | $-52.55M | $41.36M | $87.32M | $-242.37M | $235.43M | $519.89M | $403.67M | $351.19M |
| Net income growth (YoY) | — | +5.8% | +22.0% | -24.9% | -58.1% | -793.3% | -227.4% | +97.8% | +802.2% | +214.4% | -65.0% | -192.3% | +9.4% | +178.7% | +111.1% | -377.6% | +197.1% | +120.8% | -22.4% | -13.0% |
| Profit margin | 26.2% | 29.0% | 36.0% | 34.4% | 11.7% | -52.6% | -199.1% | -5.0% | 25.2% | 34.9% | 11.9% | -13.5% | -7.0% | 4.4% | 9.9% | -44.7% | 20.0% | 35.3% | 32.8% | 36.9% |