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

Teekay Tankers' (TNK) quarterly Gross Margin came in at 78.6% in Q1 2026, up 1610.0% year-on-year from 4.6% in Q1 2025, and up 7.35% sequentially from 73.22% in Q4 2025.

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

Teekay Tankers' Gross Margin history runs 18 years deep, the most recent figure standing at 78.6% for Q1 2026.

  • In Q1 2026, Gross Margin rose 1610.0% year-over-year to 78.6%; the TTM figure through Mar 2026 stood at 71.01% (up 541.0% YoY), while the FY2025 annual figure was 66.66%, down 36.0% from the prior year.
  • Gross Margin came in at 78.6% for Q1 2026 at Teekay Tankers, up from 73.22% in the prior quarter.
  • Over five years, Gross Margin peaked at 78.6% in Q1 2026 and troughed at 41.6% in Q1 2022.
  • The 5-year median for Gross Margin is 65.18% (2023), against an average of 63.44%.
  • The widest annual swing landed in 2022, when Gross Margin tumbled 1003 bps; it then jumped 2693 bps in 2023.
  • A 5-year view of Gross Margin shows it 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 advanced by 7 bps to 78.6% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 78.6% in Q1 2026, 73.22% in Q4 2025, and 63.89% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 41.12%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 63.77%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 23.85%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 41.52%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 83.61%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 26.67%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 23.28%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 94.13%
10 Teekay Tankers - - 224.88 Mn 78.60%

Historic Data

Download Data
DateValue
Mar 31, 2026 78.60%
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%
Jun 30, 2021 41.85%