Teekay Tankers (TNK) Gross Margin (2009 - 2026)
Teekay Tankers' (TNK) quarterly Gross Margin came in at 82.26% in Q2 2026, up 824.0% year-over-year from 8.9% in Q2 2025, and up 4.66% quarter-over-quarter from 78.6% in Q1 2026.
Analysis
Teekay Tankers (TNK) Gross Margin (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has reported Gross Margin for 18 consecutive years, with 82.26% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 824.0% year-over-year to 82.26% in Q2 2026; TTM through Jun 2026 was 78.5%, a 398.0% increase from a year earlier, with the FY2025 full-year figure at 74.68%, down 408.0% from the prior year.
- Gross Margin was 82.26% for Q2 2026 at Teekay Tankers, up from 78.6% in the prior quarter.
- Over five years, Gross Margin peaked at 90.33% in Q1 2023 and troughed at 73.35% in Q3 2025.
- A 5-year average of 81.11% and a median of 80.71% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 2086 bps in 2022 and sank 1156 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 90.14% in 2022, then retreated by 10 bps to 81.45% in 2023, then slipped by 8 bps to 74.56% in 2024, then gained by 4 bps to 77.44% in 2025, then gained by 6 bps to 82.26% in 2026.
- The last three Gross Margin figures came in at 82.26% (Q2 2026), 78.6% (Q1 2026), and 77.44% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 84.14% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 83.88% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 98.37% |
| 10 | Teekay Tankers | 3.23 Bn | 3.23 Bn | 312.20 Mn | 82.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.26% |
| 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% |