Teekay Tankers (TNK) EBITDA Margin (2009 - 2026)
Teekay Tankers' (TNK) quarterly EBITDA Margin came in at 49.43% in Q1 2026, up 2377.0% year-on-year from 2.0% in Q1 2025, and up 16.37% sequentially from 42.48% in Q4 2025.
Teekay Tankers (TNK) EBITDA Margin (2009 - 2026) Analysis & Trends
Teekay Tankers' EBITDA Margin history runs 18 years deep, the most recent figure standing at 49.43% for Q1 2026.
- In Q1 2026, EBITDA Margin rose 2377.0% year-over-year to 49.43%; the TTM figure through Mar 2026 stood at 37.51% (up 737.0% YoY), while the FY2025 annual figure was 11.53%, up 587.0% from the prior year.
- EBITDA Margin came in at 49.43% for Q1 2026 at Teekay Tankers, up from 42.48% in the prior quarter.
- Over five years, EBITDA Margin peaked at 52.15% in Q1 2023 and troughed at 10.18% in Q1 2022.
- The 5-year median for EBITDA Margin is 37.11% (2023), against an average of 35.19%.
- The widest annual swing landed in 2022, when EBITDA Margin soared 4622 bps; it then sank 1532 bps in 2025.
- A 5-year view of EBITDA Margin shows it stood at 49.04% in 2022, then declined by 24 bps to 37.27% in 2023, then declined by 28 bps to 26.92% in 2024, then surged by 58 bps to 42.48% in 2025, then climbed by 16 bps to 49.43% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 49.43% in Q1 2026, 42.48% in Q4 2025, and 28.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 14.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 29.91% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 13.17% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 10.74% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 28.57% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 50.33% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 14.85% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 14.83% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 30.44% |
| 10 | Teekay Tankers | - | - | 224.88 Mn | 51.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.62% |
| Dec 31, 2025 | 42.71% |
| Sep 30, 2025 | 30.31% |
| Jun 30, 2025 | 23.61% |
| Mar 31, 2025 | 32.12% |
| Dec 31, 2024 | 28.19% |
| Sep 30, 2024 | 20.33% |
| Jun 30, 2024 | 32.56% |
| Mar 31, 2024 | 39.27% |
| Dec 31, 2023 | 33.79% |
| Sep 30, 2023 | 28.54% |
| Jun 30, 2023 | 43.05% |
| Mar 31, 2023 | 52.15% |
| Dec 31, 2022 | 49.04% |
| Sep 30, 2022 | 32.87% |
| Jun 30, 2022 | 24.10% |
| Mar 31, 2022 | 10.18% |
| Dec 31, 2021 | 6.04% |
| Sep 30, 2021 | -13.36% |
| Jun 30, 2021 | -77.05% |