Teekay Tankers (TNK) Gross Margin (2009 - 2026)

Teekay Tankers' (TNK) quarterly Gross Margin came in at 78.6% in Q1 2026, up 501.0% year-on-year from 13.08% in Q1 2025, and up 1.5% on a QoQ basis from 77.44% in Q4 2025.

Teekay Tankers (TNK) Gross Margin (2009 - 2026) Analysis & Trends

Teekay Tankers (TNK) has 18 years of Gross Margin data on file, last reported at 78.6% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 501.0% year-over-year to 78.6% in Q1 2026; TTM through Mar 2026 was 76.05%, a 22.0% decrease from a year earlier, with the FY2025 full-year figure at 66.66%, down 36.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 78.6%, up from 77.44% in the prior quarter.
  • Over the last five years, Gross Margin for TNK reached as high as 90.33% in Q1 2023 and fell as low as 73.35% in Q3 2025.
  • Historically, Gross Margin has averaged 81.04% across 5 years, with a median of 79.97% in 2024.
  • Across the five-year window, Gross Margin surged 2086 bps in 2022 and slumped 1156 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 90.14% in 2022, then declined by 10 bps to 81.45% in 2023, then retreated by 8 bps to 74.56% in 2024, then increased by 4 bps to 77.44% in 2025, then gained by 1 bps to 78.6% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 78.6% in Q1 2026, 77.44% in Q4 2025, and 73.35% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 89.73%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 76.80%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 68.62%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 41.12%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 97.17%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 23.85%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 41.52%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 93.41%
10 Teekay Tankers 20.90 Bn -14.02 Bn 224.88 Mn 78.60%

Historic Data

Download Data
DateValue
Mar 31, 2026 78.60%
Dec 31, 2025 77.44%
Sep 30, 2025 73.35%
Jun 30, 2025 74.02%
Mar 31, 2025 73.59%
Dec 31, 2024 74.56%
Sep 30, 2024 75.72%
Jun 30, 2024 79.97%
Mar 31, 2024 82.89%
Dec 31, 2023 81.45%
Sep 30, 2023 87.28%
Jun 30, 2023 89.80%
Mar 31, 2023 90.33%
Dec 31, 2022 90.14%
Sep 30, 2022 87.12%
Jun 30, 2022 83.80%
Mar 31, 2022 77.59%
Dec 31, 2021 74.99%
Sep 30, 2021 66.26%
Jun 30, 2021 65.06%