Teekay Tankers (TNK) Interest Coverage Ratio (2009 - 2026)
Teekay Tankers' (TNK) quarterly Interest Coverage Ratio came in at 301.99 in Q1 2026, down 213.73% year-on-year from 265.52 in Q1 2025, and down 52.5% on a QoQ basis from 198.02 in Q4 2025.
Teekay Tankers (TNK) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has 18 years of Interest Coverage Ratio data on file, last reported at 301.99 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 213.73% year-over-year to 301.99 in Q1 2026; TTM through Mar 2026 was 146.39, a 59.56% decrease from a year earlier, with the FY2025 full-year figure at 4.55, down 83.96% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 301.99, down from 198.02 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for TNK reached as high as 0.95 in Q1 2022 and fell as low as 301.99 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 67.49 across 5 years, with a median of 29.72 in 2024.
- Across the five-year window, Interest Coverage Ratio sank 32584.24% in 2024 and soared 35.17% in 2025, its largest moves.
- Year by year, Interest Coverage Ratio stood at 15.96 in 2022, then tumbled by 74.45% to 27.84 in 2023, then tumbled by 227.83% to 91.28 in 2024, then plunged by 116.94% to 198.02 in 2025, then slumped by 52.5% to 301.99 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 301.99 in Q1 2026, 198.02 in Q4 2025, and 87.97 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 29.67 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -4.16 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 5.26 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.88 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.70 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 3.15 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 2.21 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 3.25 |
| 10 | Teekay Tankers | 20.90 Bn | -14.02 Bn | 224.88 Mn | -301.99 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -301.99 |
| Dec 31, 2025 | -198.02 |
| Sep 30, 2025 | -87.97 |
| Jun 30, 2025 | -70.77 |
| Mar 31, 2025 | -96.26 |
| Dec 31, 2024 | -91.28 |
| Sep 30, 2024 | -67.38 |
| Jun 30, 2024 | -109.17 |
| Mar 31, 2024 | -29.72 |
| Dec 31, 2023 | -27.84 |
| Sep 30, 2023 | -12.67 |
| Jun 30, 2023 | -27.01 |
| Mar 31, 2023 | -0.09 |
| Dec 31, 2022 | -15.96 |
| Sep 30, 2022 | -8.35 |
| Jun 30, 2022 | -3.83 |
| Mar 31, 2022 | 0.95 |
| Dec 31, 2021 | 3.01 |
| Sep 30, 2021 | 4.83 |
| Jun 30, 2021 | 12.84 |