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| Date | Value |
|---|---|
| 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 |