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Teekay Tankers Ltd. logo

Teekay Tankers Ltd.

TNK

NYSEIndustrialsMarine Shipping

Open in GoAI

Previous close

$91.02

−$0.10 · -0.11%

Aug 21, 4:00 PM ET

Pre-market

$91.02

$0.00 · 0.00%

Aug 24, 4:38 AM ET

TNK company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

98

Deep Value

Momentum

50

Neutral

Sentiment

52

Mixed

Risk resilience

64

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Teekay Tankers Ltd. specializes in providing essential marine transportation solutions to the global oil industry, with its operations spanning Bermuda and international waters. The company's service offerings encompass both voyage and time charter arrangements, alongside specialized offshore ship-to-ship transfer operations for a diverse range of commodities. These primarily include crude oil and refined petroleum products, but also extend to liquid gases and various other specialized cargo. Beyond shipping, Teekay Tankers Ltd. further extends its expertise to include comprehensive commercial and technical management services for tankers. As of December 31, 2021, the company operated a substantial fleet, comprising 48 owned and leased double-hull oil tankers. This is supplemented by two Aframax tankers and a single LR2 tanker, all acquired via time charter agreements. Established in 2007, Teekay Tankers Ltd. maintains its corporate headquarters in Hamilton, Canada.

Industry
Marine Shipping
Sector
Industrials
Headquarters
BM
CEO
Kenneth Hvid
Listed since
Dec 13, 2007
Employees
2,130

Market position

Day range

Current $91.02

52-week range

Current $91.02

Open
$92.39
Previous close
$91.12
Volume
351.03K
0.9× average
Average volume
389.78K
Average daily volume
Market cap
3.15B USD
Beta
-0.23
Market reference 1
50-day average
$75.8432
+20.01% above average
200-day average
$69.4348
+31.09% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.07B USD
P/E (TTM)
5.34×
P/B (TTM)
1.33×
P/S (TTM)
2.74×
EV / EBITDA
2.46×
Earnings yield
19.00%
Free cash flow yield
6.09%
Dividend yield
2.20%

Profitability & efficiency

Gross margin
42.92%
Operating margin
38.75%
Net margin
51.35%
Return on equity
17.18%
Return on assets
15.67%
Return on invested capital
10.11%

Financial health

Debt / equity
0.01×
Current ratio
7.98×
Altman Z-score
11.15
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends48%14%-19%-53%Gross margin, FY2021: -10.70%Gross margin, FY2022: 25.97%Gross margin, FY2023: 39.47%Gross margin, FY2024: 32.07%Gross margin, FY2025: 27.48%Operating margin, FY2021: -35.79%Operating margin, FY2022: 22.40%Operating margin, FY2023: 37.10%Operating margin, FY2024: 30.92%Operating margin, FY2025: 22.59%Net margin, FY2021: -44.69%Net margin, FY2022: 19.99%Net margin, FY2023: 35.28%Net margin, FY2024: 32.84%Net margin, FY2025: 36.90%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -10.70%. Gross margin FY2022 25.97%. Gross margin FY2023 39.47%. Gross margin FY2024 32.07%. Gross margin FY2025 27.48%. Operating margin FY2021 -35.79%. Operating margin FY2022 22.40%. Operating margin FY2023 37.10%. Operating margin FY2024 30.92%. Operating margin FY2025 22.59%. Net margin FY2021 -44.69%. Net margin FY2022 19.99%. Net margin FY2023 35.28%. Net margin FY2024 32.84%. Net margin FY2025 36.90%.

Income trends

Revenue

951.8M USD-22.58%

Operating income

215.01M USD-43.44%

Net income

351.19M USD-13.00%
Income trends across reported periods1.65B USD958.88M USD272.45M USD−413.98M USDRevenue, FY2021: 542.37M USDRevenue, FY2022: 1.18B USDRevenue, FY2023: 1.47B USDRevenue, FY2024: 1.23B USDRevenue, FY2025: 951.8M USDOperating income, FY2021: −194.1M USDOperating income, FY2022: 263.82M USDOperating income, FY2023: 546.76M USDOperating income, FY2024: 380.14M USDOperating income, FY2025: 215.01M USDNet income, FY2021: −242.37M USDNet income, FY2022: 235.43M USDNet income, FY2023: 519.89M USDNet income, FY2024: 403.67M USDNet income, FY2025: 351.19M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 542.37M USD. Revenue FY2022 1.18B USD. Revenue FY2023 1.47B USD. Revenue FY2024 1.23B USD. Revenue FY2025 951.8M USD. Operating income FY2021 −194.1M USD. Operating income FY2022 263.82M USD. Operating income FY2023 546.76M USD. Operating income FY2024 380.14M USD. Operating income FY2025 215.01M USD. Net income FY2021 −242.37M USD. Net income FY2022 235.43M USD. Net income FY2023 519.89M USD. Net income FY2024 403.67M USD. Net income FY2025 351.19M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue951.8M USD1.23B USD1.47B USD1.18B USD542.37M USD
Cost of goods sold690.22M USD835.04M USD892.03M USD871.99M USD600.38M USD
Gross profit261.58M USD394.3M USD581.67M USD305.97M USD−58.01M USD
Selling, general, and administrative46.57M USD46.6M USD43.67M USD41.11M USD43.72M USD
Operating expenses46.57M USD14.16M USD34.9M USD42.15M USD136.08M USD
Interest income29.69M USD24.08M USD10.95M USD1.34M USD122K USD
Interest expense2.9M USD7.47M USD27.71M USD35.74M USD35.03M USD
Depreciation and amortization86.63M USD93.58M USD97.55M USD99.03M USD106.08M USD
Operating income215.01M USD380.14M USD546.76M USD263.82M USD−194.1M USD
Net income351.19M USD403.67M USD519.89M USD235.43M USD−242.37M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 5 misses, 0 met estimates
Average EPS surprise
-6.47%
11 comparable reports
Latest EPS result
5.54
Estimate 5.61 · Miss by 1.25%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates5.964.322.671.03Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 1.5, estimate 2.69, surprise -44.24%, Miss. Q2 2025, reported May 7, 2025: actual 1.21, estimate 1.53, surprise -20.92%, Miss. Q3 2025, reported Jul 30, 2025: actual 1.41, estimate 1.37, surprise +2.92%, Beat. Q4 2025, reported Oct 29, 2025: actual 1.54, estimate 1.5, surprise +2.67%, Beat. Q1 2026, reported Feb 18, 2026: actual 2.8, estimate 2.71, surprise +3.32%, Beat. Q2 2026, reported May 13, 2026: actual 3.69, estimate 3.5, surprise +5.43%, Beat. Q3 2026, reported Jul 29, 2026: actual 5.54, estimate 5.61, surprise -1.25%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 4.83, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates368.38M285M201.63M118.25MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 351.13M USD, estimate 147.3M USD, surprise +138.37%, Beat. Q2 2025, reported May 7, 2025: actual 231.64M USD, estimate 144.85M USD, surprise +59.91%, Beat. Q3 2025, reported Jul 30, 2025: actual 232.87M USD, estimate 135.5M USD, surprise +71.86%, Beat. Q4 2025, reported Oct 29, 2025: actual 229.02M USD, estimate 179.7M USD, surprise +27.45%, Beat. Q1 2026, reported Feb 18, 2026: actual 158.78M USD, estimate 180.09M USD, surprise -11.83%, Miss. Q2 2026, reported May 13, 2026: actual 196.26M USD, estimate 212.51M USD, surprise -7.65%, Miss. Q3 2026, reported Jul 29, 2026: actual 258.26M USD, estimate 299.03M USD, surprise -13.64%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 269.72M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$86.00

5.52% downside
Past 12 months12-month forecastHigh $86.00Average $86.00Low $86.00

Rating distribution

23 ratings
Strong buy00%
Buy1252%
Hold939%
Sell29%
Strong sell00%

Recent analyst actions

3 institutions

TNK news

seekingalpha.com

Teekay Tankers: Record Earnings And The Bull Case Is Still Intact

Teekay Tankers remains a compelling BUY, supported by robust H1-2026 results and extraordinary tanker market conditions. TNK delivered 43% revenue growth and doubled net income year-on-year, driven by record day rates…

Read source
zacks.com

Teekay Tankers Ltd. (TNK) Hit a 52 Week High, Can the Run Continue?

Teekay Tankers (TNK) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Read source
zacks.com

Teekay Tankers (TNK) Just Flashed Golden Cross Signal: Do You Buy?

After reaching an important support level, Teekay Tankers (TNK) could be a good stock pick from a technical perspective. TNK surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

Read source
zacks.com

Should Value Investors Buy TEEKAY TANK LTD (TNK) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and…

Read source
marketbeat.com

Teekay Tankers Q2 Earnings Call Highlights

Teekay Tankers NYSE: TNK reported record quarterly adjusted earnings in the second quarter of 2026 as spot tanker rates reached historic highs, while the company continued to reshape its fleet and ended the period with…

Read source
globenewswire.com

Teekay Tankers Ltd. Reports Second Quarter 2026 Results and Declares Dividend

HAMILTON, Bermuda, July 29, 2026 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the three months ended June 30, 2026 and announced that its…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.00

2025 complete year+108.3% since 2015

2026 partial: $1.75

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 10, 2026

$0.25

Quarterly

Record Aug 10, 2026 · Payment Aug 21, 2026

Dividend

Ex-dividend May 26, 2026

$1.25

Special

Record May 26, 2026 · Payment Jun 2, 2026

Dividend

Ex-dividend Mar 2, 2026

$0.25

Quarterly

Record Mar 2, 2026 · Payment Mar 13, 2026

Dividend

Ex-dividend Nov 10, 2025

$0.25

Quarterly

Record Nov 10, 2025 · Payment Nov 21, 2025

Dividend

Ex-dividend Aug 11, 2025

$0.25

Semi-Annual

Record Aug 11, 2025 · Payment Aug 22, 2025

Dividend

Ex-dividend May 19, 2025

$1.25

Special

Record May 19, 2025 · Payment May 30, 2025

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ETFs holding TNK

Funds reporting this stock among their holdings, ordered by reported position size.

MLP & Energy Infrastructure High Income ETF logoMLP & Energy Infrastructure High Income ETFMLPI
Market value
30.23M
Weight
3.38%
AUM
895M USD
Expense ratio
0.68%
Price / 1D
$53.86-0.81%
Dimensional - US Targeted Value ETF logoDimensional - US Targeted Value ETFDFAT
Market value
20.05M
Weight
0.14%
AUM
14.66B USD
Expense ratio
0.28%
Price / 1D
$71.67+0.67%
Dimensional - US Small Cap Value ETF logoDimensional - US Small Cap Value ETFDFSV
Market value
16.83M
Weight
0.20%
AUM
8.42B USD
Expense ratio
0.30%
Price / 1D
$40.29+0.72%
EA Bridgeway Omni Small-Cap Value ETF logoEA Bridgeway Omni Small-Cap Value ETFBSVO
Market value
15.35M
Weight
0.63%
AUM
1.71B USD
Expense ratio
0.47%
Price / 1D
$29.62+0.85%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
10.95M
Weight
0.06%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
U.S. Micro Cap Portfolio ETF logoU.S. Micro Cap Portfolio ETFDFMC
Market value
10.35M
Weight
0.13%
AUM
8.06B USD
Expense ratio
0.43%
Price / 1D
$60.95+0.73%
Dimensional - US Small Cap ETF logoDimensional - US Small Cap ETFDFAS
Market value
9.45M
Weight
0.06%
AUM
15.92B USD
Expense ratio
0.26%
Price / 1D
$83.02+0.73%
Dimensional - US Core Equity 2 ETF logoDimensional - US Core Equity 2 ETFDFAC
Market value
7.39M
Weight
0.01%
AUM
49.31B USD
Expense ratio
0.17%
Price / 1D
$45.61+0.46%

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