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% sequentially from 198.02 in Q4 2025.
Teekay Tankers (TNK) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Teekay Tankers' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 301.99 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 213.73% year-over-year to 301.99; the TTM figure through Mar 2026 stood at 146.39 (down 59.56% YoY), while the FY2025 annual figure was 106.73, up 109.79% from the prior year.
- Interest Coverage Ratio came in at 301.99 for Q1 2026 at Teekay Tankers, down 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.
- The 5-year median for Interest Coverage Ratio is 29.72 (2024), against an average of 68.44.
- The widest annual swing landed in 2023, when Interest Coverage Ratio slumped 1801.53%; it then soared 35.17% in 2025.
- A 5-year view of Interest Coverage Ratio shows it 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.64 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 4.92 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 3.15 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 4.17 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 3.25 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 1.99 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 2.59 |
| 10 | Teekay Tankers | - | - | 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 |