Teekay Tankers TNK
NYSE TNK
$93.38 +1.59 (+1.73%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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%