Teekay Tankers (TNK) Asset Utilization Ratio (2009 - 2026)

Teekay Tankers' (TNK) quarterly Asset Utilization Ratio came in at 0.43 in Q1 2026, down 20.53% year-on-year from 0.55 in Q1 2025, and down 0.61% on a QoQ basis 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.

  • On a quarterly basis, Asset Utilization Ratio fell 20.53% year-over-year to 0.43 in Q1 2026; TTM through Mar 2026 was 0.43, a 20.53% decrease from a year earlier, with the FY2025 full-year figure at 0.45, down 28.09% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.43, down from 0.44 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for TNK reached as high as 0.8 in Q3 2023 and fell as low as 0.36 in Q1 2022.
  • Historically, Asset Utilization Ratio has averaged 0.59 across 5 years, with a median of 0.62 in 2024.
  • Across the five-year window, Asset Utilization Ratio jumped 97.78% in 2023 and slumped 32.45% in 2025, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.62 in 2022, then rose by 20.53% to 0.75 in 2023, then slipped by 17.63% to 0.62 in 2024, then dropped by 29.26% to 0.44 in 2025, then decreased by 0.61% to 0.43 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.33
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.13
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.24
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.31
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.65
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.49
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.63
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.52
10 Teekay Tankers 20.90 Bn -14.02 Bn 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