Teekay Tankers (TNK) Interest Coverage Ratio (2009 - 2026)
Teekay Tankers (TNK) posted quarterly Interest Coverage Ratio of 278.51 for Q2 2026, down 293.53% year-over-year from 143.91 in Q2 2025, and up 7.78% quarter-over-quarter from 301.99 in Q1 2026.
Teekay Tankers (TNK) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has reported Interest Coverage Ratio for 18 consecutive years, with 278.51 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 293.53% year-over-year to 278.51; the TTM figure through Jun 2026 stood at 208.72 (down 156.91% YoY), while the FY2025 annual figure was 4.55, down 83.96% from the prior year.
- Interest Coverage Ratio climbed to 278.51 in Q2 2026 per TNK's latest filing, from 301.99 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.95 in Q1 2022 and bottomed at 301.99 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 79.21 across 5 years, with a median of 48.55 in 2024.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio tumbled 32584.24% — and 2025, when it surged 35.17%.
- Teekay Tankers' 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 plunged by 40.64% to 278.51 in 2026.
- Business Quant data shows TNK's Interest Coverage Ratio at 278.51 in Q2 2026, 301.99 in Q1 2026, and 198.02 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 5.26 |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 2.09 |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 2.31 |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 3.83 |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | 0.31 |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 3.67 |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 4.28 |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 1.29 |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 1.41 |
| 10 | Teekay Tankers | 3.09 Bn | 1.78 Bn | 312.20 Mn | -172.60 |
Historic Data
Download 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 | -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 | -0.14 |