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
DateValue
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