Teekay Tankers Ltd.

TNK Energy Oil & Gas Midstream

Teekay Tankers Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $951.8 million, down 22.6% from fiscal 2024.

Revenue
+63.0%
EPS
+258.6%
Free cash flow
+278.9%

Quarter to June 2026, against a year earlier

83.10 5.78 −6.50%
Market cap
$2.8B
P/E
4.9×
Fwd P/E
4.1×
Dividend yield
1.20%
F-score
4/9
Altman Z
7.44
Beneish M
−2.12
Dividend safety
78/100

Teekay Tankers Ltd. (TNK) Debt to equity

Alert me on Debt to equity

Teekay Tankers Ltd.'s debt to equity at the end of the quarter to 30 June 2026 was 0.0×, up 0.0× from fiscal 2025 (0.0×). Over the past ten years it has ranged from 0.0× (fiscal 2025) to 1.3× (fiscal 2015) — the current reading is the lowest in ten years. That is below the Oil & Gas Midstream industry median of 0.8× and below the Energy sector median of 0.4×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.1× (82.61%)
FY2022 0.4× (39.56%)
FY2021 0.7× 47.52%
FY2020 0.5× (50.92%)
FY2019 1.0× (12.30%)
FY2018 1.2× 5.90%
FY2017 1.1× 8.65%
FY2016 1.0× (24.63%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 0.0× —
41 more quarters

Against its own ten years

Low 0.0× High 1.3×
Ten-year median 0.7×
Current reading's percentile 18

Debt to equity against peers

Company Debt to equity
EE Excelerate Energy, Inc. compare 0.0×
TNK Teekay Tankers Ltd. 0.0×
STNG Scorpio Tankers Inc. compare 0.1×
DHT DHT Holdings, Inc. compare 0.3×
LPG Dorian LPG Ltd. compare 0.3×
TRMD TORM PLC compare 0.4×
BWLP BW LPG Limited compare 0.4×
GLNG Golar LNG Limited compare 1.2×
SUNC SunocoCorp LLC compare 1.6×
Oil & Gas Midstream industry median 0.8×
Energy sector median 0.4×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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