Teekay Tankers (TNK) Interest Expenses (2009 - 2026)
Teekay Tankers (TNK) posted quarterly Interest Expenses of -$797000.0 for Q2 2026, down 2.57% year-over-year from -$818056.8 in Q2 2025, and down 62.99% quarter-over-quarter from -$489000.0 in Q1 2026.
Teekay Tankers (TNK) Interest Expenses (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has reported Interest Expenses for 18 consecutive years, with -$797000.0 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Expenses fell 2.57% year-over-year to -$797000.0; the TTM figure through Jun 2026 stood at -$2.6 million (up 17.13% YoY), while the FY2025 annual figure was $67.9 million, up 406.82% from the prior year.
- Interest Expenses declined to -$797000.0 in Q2 2026 per TNK's latest filing, from -$489000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at -$489000.0 in Q1 2026 and bottomed at -$2.0 billion in Q1 2023.
- Historically, Interest Expenses has averaged -$114.7 million across 5 years, with a median of -$2.6 million in 2023.
- Annual changes were most pronounced in 2023 — Interest Expenses sank 24403.8% — and 2024, when it soared 99.76%.
- Teekay Tankers' Interest Expenses stood at -$9.7 million in 2022, then surged by 57.16% to -$4.1 million in 2023, then surged by 80.73% to -$798000.0 in 2024, then soared by 30.2% to -$557000.0 in 2025, then plunged by 43.09% to -$797000.0 in 2026.
- Business Quant data shows TNK's Interest Expenses at -$797000.0 in Q2 2026, -$489000.0 in Q1 2026, and -$557000.0 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 256.00 Mn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 1.01 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 974.00 Mn |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | 934.00 Mn |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | 1.23 Bn |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | 322.00 Mn |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | 434.00 Mn |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | 959.20 Mn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | 3.05 Bn |
| 10 | Teekay Tankers | 3.09 Bn | 1.78 Bn | 312.20 Mn | -1.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -797,000.00 |
| Jun 30, 2026 | -797,000.00 |
| 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 |