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% sequentially from 0.44 in Q4 2025.

Teekay Tankers (TNK) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Teekay Tankers' Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 0.43 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio fell 20.53% year-over-year to 0.43; the TTM figure through Mar 2026 stood at 0.43 (down 20.53% YoY), while the FY2025 annual figure was 0.45, down 28.09% from the prior year.
  • Asset Utilization Ratio came in at 0.43 for Q1 2026 at Teekay Tankers, down 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.
  • The 5-year median for Asset Utilization Ratio is 0.62 (2024), against an average of 0.59.
  • The widest annual swing landed in 2023, when Asset Utilization Ratio jumped 97.78%; it then sank 32.45% in 2025.
  • A 5-year view of Asset Utilization Ratio shows it 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 fell 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.31
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.24
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.65
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.49
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.63
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.21
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.52
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.66
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.28
10 Teekay Tankers - - 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