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| 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% |