Teekay Tankers (TNK) Asset Utilization Ratio (2009 - 2026)
Teekay Tankers' (TNK) quarterly Asset Utilization Ratio came in at 0.46 in Q2 2026, down 5.27% year-over-year from 0.49 in Q2 2025, and up 6.52% quarter-over-quarter from 0.43 in Q1 2026.
Analysis
Teekay Tankers (TNK) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has reported Asset Utilization Ratio for 18 consecutive years, with 0.46 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 5.27% year-over-year to 0.46 in Q2 2026; TTM through Jun 2026 was 0.46, a 5.27% decrease from a year earlier, with the FY2025 full-year figure at 0.45, down 28.09% from the prior year.
- Asset Utilization Ratio was 0.46 for Q2 2026 at Teekay Tankers, up from 0.43 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.8 in Q3 2023 and troughed at 0.36 in Q1 2022.
- A 5-year average of 0.58 and a median of 0.58 in 2025 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio surged 97.78% in 2023 and sank 32.45% in 2025, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.62 in 2022, then advanced by 20.53% to 0.75 in 2023, then declined by 17.63% to 0.62 in 2024, then fell by 29.26% to 0.44 in 2025, then increased by 5.87% to 0.46 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.46 (Q2 2026), 0.43 (Q1 2026), and 0.44 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 0.47 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 0.57 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 0.74 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 0.43 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 0.38 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 0.28 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 0.32 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 0.46 |
| 10 | Teekay Tankers | 3.23 Bn | 3.23 Bn | 312.20 Mn | 0.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.44 |
| Sep 30, 2025 | 0.46 |
| Jun 30, 2025 | 0.49 |
| Mar 31, 2025 | 0.55 |
| Dec 31, 2024 | 0.62 |
| Sep 30, 2024 | 0.68 |
| Jun 30, 2024 | 0.71 |
| Mar 31, 2024 | 0.72 |
| Dec 31, 2023 | 0.75 |
| Sep 30, 2023 | 0.80 |
| Jun 30, 2023 | 0.78 |
| Mar 31, 2023 | 0.71 |
| Dec 31, 2022 | 0.62 |
| Sep 30, 2022 | 0.53 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 0.36 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.31 |