Teekay Tankers (TNK) Asset Utilization Ratio (2009 - 2026)
Teekay Tankers (TNK) posted quarterly Asset Utilization Ratio of 0.46 for 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.
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.
- In Q2 2026, Asset Utilization Ratio fell 5.27% year-over-year to 0.46; the TTM figure through Jun 2026 stood at 0.46 (down 5.27% YoY), while the FY2025 annual figure was 0.45, down 28.09% from the prior year.
- Asset Utilization Ratio advanced to 0.46 in Q2 2026 per TNK's latest filing, from 0.43 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.8 in Q3 2023 and bottomed at 0.36 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.58 across 5 years, with a median of 0.58 in 2025.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio soared 97.78% — and 2025, when it plunged 32.45%.
- Teekay Tankers' Asset Utilization Ratio stood at 0.62 in 2022, then grew by 20.53% to 0.75 in 2023, then retreated by 17.63% to 0.62 in 2024, then decreased by 29.26% to 0.44 in 2025, then gained by 5.87% to 0.46 in 2026.
- Business Quant data shows TNK's Asset Utilization Ratio at 0.46 in Q2 2026, 0.43 in Q1 2026, and 0.44 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.24 |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 0.36 |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 0.72 |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 0.58 |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | - |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 0.58 |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 0.31 |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 0.60 |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 0.45 |
| 10 | Teekay Tankers | 3.09 Bn | 1.78 Bn | 312.20 Mn | 0.46 |
Historic Data
Download 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 |