Teekay Tankers (TNK) Interest Expenses (2009 - 2026)
Teekay Tankers' (TNK) quarterly Interest Expenses came in at -$489000.0 in Q1 2026, up 36.74% year-on-year from -$357613.1 in Q1 2025, and up 12.21% on a QoQ basis from -$557000.0 in Q4 2025.
Teekay Tankers (TNK) Interest Expenses (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has 18 years of Interest Expenses data on file, last reported at -$489000.0 in Q1 2026.
- On a quarterly basis, Interest Expenses rose 36.74% year-over-year to -$489000.0 in Q1 2026; TTM through Mar 2026 was -$2.6 million, a 22.68% increase from a year earlier, with the FY2025 full-year figure at $67.9 million, up 406.82% from the prior year.
- Interest Expenses for Q1 2026 stood at -$489000.0, up from -$557000.0 in the prior quarter.
- Over the last five years, Interest Expenses for TNK reached as high as -$489000.0 in Q1 2026 and fell as low as -$2.0 billion in Q1 2023.
- Historically, Interest Expenses has averaged -$121.4 million across 5 years, with a median of -$4.1 million in 2023.
- Across the five-year window, Interest Expenses tumbled 24403.8% in 2023 and jumped 99.76% in 2024, its largest moves.
- Year by year, Interest Expenses stood at -$9.7 million in 2022, then jumped by 57.16% to -$4.1 million in 2023, then jumped by 80.73% to -$798000.0 in 2024, then surged by 30.2% to -$557000.0 in 2025, then advanced by 12.21% to -$489000.0 in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were -$489000.0 in Q1 2026, -$557000.0 in Q4 2025, and -$789000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 5.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -20.11 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 256.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 659.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 626.02 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 947.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 384.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 439.00 Mn |
| 10 | Teekay Tankers | 20.90 Bn | -14.02 Bn | 224.88 Mn | -489,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -489,000.00 |
| Mar 31, 2026 | -489,000.00 |
| Dec 31, 2025 | -557,000.00 |
| Dec 31, 2025 | -557,000.00 |
| Sep 30, 2025 | -789,000.00 |
| Sep 30, 2025 | -789,000.00 |
| Jun 30, 2025 | -777,000.00 |
| Jun 30, 2025 | -777,000.00 |
| Mar 31, 2025 | -773,000.00 |
| Mar 31, 2025 | -773,000.00 |
| Dec 31, 2024 | -798,000.00 |
| Dec 31, 2024 | -798,000.00 |
| Sep 30, 2024 | -828,000.00 |
| Sep 30, 2024 | -828,000.00 |
| Jun 30, 2024 | -979,000.00 |
| Jun 30, 2024 | -979,000.00 |
| Mar 31, 2024 | -4.87 Mn |
| Mar 31, 2024 | -4.87 Mn |
| Dec 31, 2023 | -4.14 Mn |
| Dec 31, 2023 | -4.14 Mn |