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

83.84 1.87 +2.28%
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) Gross margin

Alert me on Gross margin

Teekay Tankers Ltd.'s gross margin over the twelve months to 30 June 2026 was 50.3%, up 13.8 percentage points from fiscal 2025 (36.6%). Over the past ten years it has ranged from 8.86% (fiscal 2021) to 54.9% (fiscal 2015); the current reading is higher than 45% of that period. That is below the Oil & Gas Midstream industry median of 54.9% and above the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 36.6% (3.11)
FY2024 39.7% (6.40)
FY2023 46.1% 9.43
FY2022 36.7% 27.80
FY2021 8.86% (32.73)
FY2020 41.6% 10.88
FY2019 30.7% 9.27
FY2018 21.4% (12.83)
FY2017 34.3% (11.99)
FY2016 46.3% (8.64)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 59.5% 4.41
Mar 2026 55.1% 8.11
Dec 2025 47.0% 13.96
Sep 2025 33.0% (2.25)
42 more quarters

Against its own ten years

Low 8.86% High 54.9%
Ten-year median 36.7%
Current reading's percentile 93

Gross margin against peers

Company Gross margin
TRMD TORM PLC compare 85.1%
DHT DHT Holdings, Inc. compare 74.2%
STNG Scorpio Tankers Inc. compare 73.9%
GLNG Golar LNG Limited compare 65.5%
TNK Teekay Tankers Ltd. 50.3%
BWLP BW LPG Limited compare 25.9%
SUNC SunocoCorp LLC compare 10.9%
EE Excelerate Energy, Inc. compare 0.00%
LPG Dorian LPG Ltd. compare 0.00%
Oil & Gas Midstream industry median 54.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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