Teekay Tankers TNK
NYSE TNK
$93.38 +1.59 (+1.73%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Teekay Tankers' (TNK) quarterly Asset Utilization Ratio came in at 0.46 in 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.

Analysis

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.

  • On a quarterly basis, Asset Utilization Ratio fell 5.27% year-over-year to 0.46 in Q2 2026; TTM through Jun 2026 was 0.46, a 5.27% decrease from a year earlier, with the FY2025 full-year figure at 0.45, down 28.09% from the prior year.
  • Asset Utilization Ratio was 0.46 for Q2 2026 at Teekay Tankers, up from 0.43 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 0.58 and a median of 0.58 in 2025 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio surged 97.78% in 2023 and sank 32.45% in 2025, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 0.62 in 2022, then advanced by 20.53% to 0.75 in 2023, then declined by 17.63% to 0.62 in 2024, then fell by 29.26% to 0.44 in 2025, then increased by 5.87% to 0.46 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.46 (Q2 2026), 0.43 (Q1 2026), and 0.44 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 0.47
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 0.57
3 Matson 6.74 Bn 6.62 Bn - 0.74
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 0.43
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 0.38
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 0.28
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 0.32
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 0.46
10 Teekay Tankers 3.23 Bn 3.23 Bn 312.20 Mn 0.46
Historic Data

Historic Data

Download Data
DateValue
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