Teekay Tankers (TNK) Gross Margin (2009 - 2026)
Teekay Tankers (TNK) posted quarterly Gross Margin of 79.62% for Q2 2026, up 1339.0% year-over-year from 5.53% in Q2 2025, and little changed quarter-over-quarter from 79.86% in Q1 2026.
Teekay Tankers (TNK) Gross Margin (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has reported Gross Margin for 18 consecutive years, with 79.62% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 1339.0% year-over-year to 79.62%; the TTM figure through Jun 2026 stood at 75.12% (up 1066.0% YoY), while the FY2025 annual figure was 66.66%, down 36.0% from the prior year.
- Gross Margin steadied at 79.62% in Q2 2026 per TNK's latest filing, from 79.86% in the prior quarter.
- Across five years, Gross Margin topped out at 79.86% in Q1 2026 and bottomed at 41.6% in Q1 2022.
- Historically, Gross Margin has averaged 64.41% across 5 years, with a median of 65.47% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 1003 bps — and 2023, when it soared 2693 bps.
- Teekay Tankers' Gross Margin stood at 64.07% in 2022, then gained by 2 bps to 65.18% in 2023, then slipped by 3 bps to 63.25% in 2024, then rose by 16 bps to 73.22% in 2025, then gained by 9 bps to 79.62% in 2026.
- Business Quant data shows TNK's Gross Margin at 79.62% in Q2 2026, 79.86% in Q1 2026, and 73.22% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | - |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 95.91% |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 23.30% |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 82.28% |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 92.34% |
| 10 | Teekay Tankers | 3.09 Bn | 1.79 Bn | 312.20 Mn | 82.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 79.62% |
| Mar 31, 2026 | 79.86% |
| Dec 31, 2025 | 73.22% |
| Sep 30, 2025 | 63.89% |
| Jun 30, 2025 | 66.23% |
| Mar 31, 2025 | 62.50% |
| Dec 31, 2024 | 63.25% |
| Sep 30, 2024 | 65.75% |
| Jun 30, 2024 | 69.51% |
| Mar 31, 2024 | 68.36% |
| Dec 31, 2023 | 65.18% |
| Sep 30, 2023 | 60.37% |
| Jun 30, 2023 | 68.14% |
| Mar 31, 2023 | 68.53% |
| Dec 31, 2022 | 64.07% |
| Sep 30, 2022 | 51.68% |
| Jun 30, 2022 | 47.61% |
| Mar 31, 2022 | 41.60% |
| Dec 31, 2021 | 40.14% |
| Sep 30, 2021 | 32.41% |