Teekay Tankers (TNK) Gross Margin (2009 - 2026)
Teekay Tankers' Gross Margin came in at 79.62% for Q2 2026, up 13.39 percentage points from 66.23% a year earlier but down 0.24 percentage points from the prior quarter.
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Analysis
Teekay Tankers (TNK) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Teekay Tankers reported Gross Margin of 75.12%, up 10.66 percentage points year-over-year; for FY2025, it was 66.66%, down 0.36 percentage points from FY2024.
- Gross Margin carries a five-year change of +0.19 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 67.01% in FY2024 (-0.80 pp), 67.81% in FY2023 (+9.88 pp), 57.93% in FY2022 (+16.03 pp) and 41.90% in FY2021 (-24.57 pp).
- The five-year range for quarterly Gross Margin is 32.41% (Q3 2021) to 79.86% (Q1 2026).
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of +4.15 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2023 (a gain of 26.93 percentage points), and the weakest in Q3 2021 (a drop of 33.66 percentage points).
- Business Quant data shows TNK's Gross Margin at 79.86% (Q1 2026), 73.22% (Q4 2025) and 63.89% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 61.47% |
| 10 | Teekay Tankers | 3.31 Bn | 3.31 Bn | 302.17 Mn | 79.62% |
Historic Data
Download Data
Historic 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% |
API Access
Teekay Tankers Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TNK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TNK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();