Teekay Tankers (TNK) Interest Coverage Ratio (2009 - 2026)
Teekay Tankers (TNK) reported Interest Coverage Ratio of 301.99 for Q1 2026, down 213.73% year-over-year from 265.52 in Q1 2025, and down 52.5% quarter-over-quarter 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.
- Interest Coverage Ratio for Q1 2026 came in at 301.99, down 213.73% year-over-year; the trailing twelve-month figure through Mar 2026 was 146.39 (down 59.56% YoY), and the FY2025 annual result was 106.73, up 109.79% from the prior year.
- Interest Coverage Ratio declined to 301.99 in Q1 2026 per TNK's latest filing, from 198.02 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 0.95 in Q1 2022 and troughed at 301.99 in Q1 2026.
- A 5-year average of 68.44 and a median of 29.72 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2025: Interest Coverage Ratio sank 1801.53% in 2023, then surged 35.17% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 15.96 in 2022, then slumped by 74.45% to 27.84 in 2023, then slumped by 227.83% to 91.28 in 2024, then tumbled by 116.94% to 198.02 in 2025, then sank by 52.5% to 301.99 in 2026.
- Business Quant data shows TNK's Interest Coverage Ratio at 301.99 in Q1 2026, 198.02 in Q4 2025, and 87.97 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | Teekay Tankers | 317,930.60 | -995.83 Mn | 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 | -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 |
| Jun 30, 2021 | 12.84 |