Teekay Tankers (TNK) Gross Margin (2009 - 2026)
Teekay Tankers (TNK) reported Gross Margin of 78.6% for Q1 2026, up 1610.0% year-over-year from 4.6% in Q1 2025, and up 7.35% quarter-over-quarter from 73.22% 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.
- Gross Margin for Q1 2026 came in at 78.6%, up 1610.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 71.01% (up 541.0% YoY), and the FY2025 annual result was 66.66%, down 36.0% from the prior year.
- Gross Margin climbed to 78.6% in Q1 2026 per TNK's latest filing, 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.
- A 5-year average of 63.44% and a median of 65.18% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 1003 bps in 2022, then soared 2693 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 64.07% in 2022, then rose by 2 bps to 65.18% in 2023, then decreased by 3 bps to 63.25% in 2024, then increased by 16 bps to 73.22% in 2025, then gained by 7 bps to 78.6% in 2026.
- Business Quant data shows TNK's Gross Margin at 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 | 88.33 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 63.77% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 23.85% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 83.61% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 41.52% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 26.67% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 98.68% |
| 10 | Teekay Tankers | 317,930.60 | -995.83 Mn | 224.88 Mn | 78.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |