Teekay Tankers TNK
NYSE TNK
$96.69 +0.98 (+1.02%)
As of: Sep 29, 2026 · 3:59 PM EDT

Teekay Tankers (TNK) Current Leases (2017 - 2023)

Updated

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

Historic Data

Download Data
DateValue
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