Teekay Tankers (TNK) Asset Utilization Ratio (2009 - 2026)
Teekay Tankers' Asset Utilization Ratio came in at 0.46 for Q2 2026, down 5.3% from 0.49 a year earlier but up 6.5% from the prior quarter.
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Analysis
Teekay Tankers (TNK) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, Teekay Tankers' Asset Utilization Ratio was 0.45, down 28.1% from FY2024.
- Going back by year, Asset Utilization Ratio was 0.63 in FY2024 (-20.6%), 0.79 in FY2023 (+14.3%), 0.69 in FY2022 (+120.8%) and 0.31 in FY2021 (-28.0%).
- The five-year range for quarterly Asset Utilization Ratio is 0.31 (Q3 2021) to 0.80 (Q3 2023).
- Year-over-year, Asset Utilization Ratio has declined for nine consecutive quarters, with an average decline of 22.0% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q1 2023 (growth of 97.8%), and the weakest in Q3 2021 (a decline of 42.5%).
- Business Quant data shows TNK's Asset Utilization Ratio at 0.43 (Q1 2026), 0.44 (Q4 2025) and 0.46 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 0.36 |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 0.33 |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 0.17 |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 1.26 |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 0.28 |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 0.98 |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 0.80 |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 0.98 |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 0.82 |
| 10 | Teekay Tankers | 3.36 Bn | 3.36 Bn | 302.17 Mn | 0.46 |
Historic Data
Download Data
Historic 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 |
API Access
Teekay Tankers Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TNK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TNK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();