Teekay Tankers (TNK) Interest Expenses (2009 - 2026)
Teekay Tankers (TNK) reported Interest Expenses of -$489000.0 for Q1 2026, up 36.74% year-over-year from -$357613.1 in Q1 2025, and up 12.21% quarter-over-quarter 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.
- Interest Expenses for Q1 2026 came in at -$489000.0, up 36.74% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.6 million (up 22.68% YoY), and the FY2025 annual result was $2.9 million, down 61.24% from the prior year.
- Interest Expenses improved to -$489000.0 in Q1 2026 per TNK's latest filing, from -$557000.0 in the prior quarter.
- Over five years, Interest Expenses peaked at -$489000.0 in Q1 2026 and troughed at -$11.2 million in Q1 2023.
- A 5-year average of -$4.4 million and a median of -$4.1 million in 2023 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses tumbled 37.44% in 2023, then soared 87.14% in 2024.
- A 5-year view of Interest Expenses shows it 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 increased by 12.21% to -$489000.0 in 2026.
- Business Quant data shows TNK's Interest Expenses at -$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 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 385.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -12.23 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 439.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 626.02 Mn |
| 10 | Teekay Tankers | 317,930.60 | -995.83 Mn | 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 |