Teekay Tankers (TNK) Current Leases (2017 - 2023)
Teekay Tankers (TNK) reported Current Leases of $20.52 million for Q4 2023, down 65.9% from $60.16 million a year earlier but up 0.1% from the prior quarter.
Analysis
Teekay Tankers (TNK) Current Leases (2017 - 2023) Analysis & Trends
Dating back to Q3 2017, Teekay Tankers' Current Leases record includes 26 quarters.
- Current Leases has a five-year compound annual growth rate of -0.4% (FY2018 to FY2023).
- By year, Current Leases came in at $60.16 million in FY2022 (+122.6%), $27.03 million in FY2021 (-65.6%), $78.48 million in FY2020 (+209.5%) and $25.36 million in FY2019 (+21.3%).
- Five-year quarterly Current Leases spans a low of $20.01 million in Q3 2021 and a high of $198.16 million in Q1 2021.
- Year over year, Current Leases has now declined in each of the last four quarters, with an average decline of 1.0% over the last eight quarters.
- The high point for year-over-year Current Leases in five years was Q1 2021 (growth of 668.8%); the low point was Q1 2022 (a decline of 76.0%).
- Per Business Quant data, the three quarters before Q4 2023 came in at $20.5 million (Q3 2023), $28.46 million (Q2 2023) and $41.73 million (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 46.26 Mn |
| 10 | Teekay Tankers | 3.31 Bn | 3.31 Bn | 302.17 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 20.52 Mn |
| Sep 30, 2023 | 20.50 Mn |
| Jun 30, 2023 | 28.46 Mn |
| Mar 31, 2023 | 41.73 Mn |
| Dec 31, 2022 | 60.16 Mn |
| Sep 30, 2022 | 59.93 Mn |
| Jun 30, 2022 | 59.70 Mn |
| Mar 31, 2022 | 47.65 Mn |
| Dec 31, 2021 | 27.03 Mn |
| Sep 30, 2021 | 20.01 Mn |
| Jun 30, 2021 | 139.97 Mn |
| Mar 31, 2021 | 198.16 Mn |
| Dec 31, 2020 | 78.48 Mn |
| Sep 30, 2020 | 26.79 Mn |
| Jun 30, 2020 | 26.28 Mn |
| Mar 31, 2020 | 25.78 Mn |
| Dec 31, 2019 | 25.36 Mn |
| Sep 30, 2019 | 24.88 Mn |
| Jun 30, 2019 | 24.40 Mn |
| Mar 31, 2019 | 20.62 Mn |
API Access
Teekay Tankers Current Leases 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=current-leases&ticker=TNK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "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=current-leases&ticker=TNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();