Teekay Tankers (TNK) Interest Coverage Ratio (2009 - 2026)
Teekay Tankers' (TNK) Interest Coverage Ratio stood at 278.51 in Q2 2026, up 293.5% from 70.77 a year earlier but down 7.8% from the prior quarter.
Teekay Tankers (TNK) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Teekay Tankers' Interest Coverage Ratio came in at 208.72 as of Jun 30, 2026, up 156.9% year-over-year; for FY2025, it came in at 106.73, up 109.8% from FY2024.
- Annual Interest Coverage Ratio has increased for three straight years.
- Across earlier years, Interest Coverage Ratio came in at 50.88 in FY2024 (+157.9%), 19.73 in FY2023 (+167.4%), 7.38 in FY2022 and -5.54 in FY2021.
- Quarterly Interest Coverage Ratio has ranged from -4.83 in Q3 2021 to 301.99 in Q1 2026 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio has increased for four consecutive quarters, with growth averaging 187.9% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 604.6% in Q2 2023, against a decline of 35.2% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 301.99 (Q1 2026), 198.02 (Q4 2025) and 87.97 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 8.83 |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 7.14 |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | - |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 3.42 |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 5.71 |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | - |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 6,122.38 |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 38.62 |
| 10 | Teekay Tankers | 3.34 Bn | 3.34 Bn | 302.17 Mn | 278.51 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 278.51 |
| 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 | 16.21 |
| 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 |
Teekay Tankers Interest Coverage Ratio 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=interest-coverage-ratio&ticker=TNK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=TNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();