Teekay Tankers (TNK) Asset Utilization Ratio (2009 - 2026)
Teekay Tankers (TNK) reported Asset Utilization Ratio of 0.43 for Q1 2026, down 20.53% year-over-year from 0.55 in Q1 2025, and down 0.61% quarter-over-quarter from 0.44 in Q4 2025.
Teekay Tankers (TNK) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has 18 years of Asset Utilization Ratio data on file, last reported at 0.43 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.43, down 20.53% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.43 (down 20.53% YoY), and the FY2025 annual result was 0.45, down 28.09% from the prior year.
- Asset Utilization Ratio eased to 0.43 in Q1 2026 per TNK's latest filing, from 0.44 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 0.59 and a median of 0.62 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio soared 97.78% in 2023, then plunged 32.45% in 2025.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.62 in 2022, then climbed by 20.53% to 0.75 in 2023, then fell by 17.63% to 0.62 in 2024, then retreated by 29.26% to 0.44 in 2025, then declined by 0.61% to 0.43 in 2026.
- Business Quant data shows TNK's Asset Utilization Ratio at 0.43 in Q1 2026, 0.44 in Q4 2025, and 0.46 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.31 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.65 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.24 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.49 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.21 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.63 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.52 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Teekay Tankers | 317,930.60 | -995.83 Mn | 224.88 Mn | 0.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.33 |