Teekay Tankers (TNK) Interest Coverage Ratio (2009 - 2026)
Teekay Tankers' (TNK) quarterly Interest Coverage Ratio came in at 278.51 in 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.
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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.
- On a quarterly basis, Interest Coverage Ratio fell 293.53% year-over-year to 278.51 in Q2 2026; TTM through Jun 2026 was 208.72, a 156.91% decrease from a year earlier, with the FY2025 full-year figure at 106.73, down 109.79% from the prior year.
- Interest Coverage Ratio was 278.51 for Q2 2026 at Teekay Tankers, up from 301.99 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 80.11 and a median of 48.55 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio slumped 1801.53% in 2023 and jumped 35.17% in 2025, its largest moves.
- Over 5 years, 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.
- The last three Interest Coverage Ratio figures came in at 278.51 (Q2 2026), 301.99 (Q1 2026), and 198.02 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -19.06 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 11.15 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 99.31 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 28.53 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -27.49 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -5.52 |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -11.03 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 12.46 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -6.40 |
| 10 | Teekay Tankers | 3.23 Bn | 3.23 Bn | 312.20 Mn | -278.51 |
Historic Data
Download Data
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 |