Teekay Tankers (TNK) Net Margin (2009 - 2026)
Teekay Tankers (TNK) posted quarterly Net Margin of 62.2% for Q2 2026, up 3569.0% year-over-year from 1.7% in Q2 2025, and up 38.74% quarter-over-quarter from 44.83% in Q1 2026.
Teekay Tankers (TNK) Net Margin (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has reported Net Margin for 18 consecutive years, with 62.2% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 3569.0% year-over-year to 62.2%; the TTM figure through Jun 2026 stood at 47.59% (up 2564.0% YoY), while the FY2025 annual figure was 10.19%, up 597.0% from the prior year.
- Net Margin climbed to 62.2% in Q2 2026 per TNK's latest filing, from 44.83% in the prior quarter.
- Across five years, Net Margin topped out at 62.2% in Q2 2026 and bottomed at 8.05% in Q1 2022.
- Historically, Net Margin has averaged 30.5% across 5 years, with a median of 33.87% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin soared 6400 bps — and 2025, when it sank 1789 bps.
- Teekay Tankers' Net Margin stood at 40.16% in 2022, then declined by 12 bps to 35.15% in 2023, then slumped by 43 bps to 20.06% in 2024, then jumped by 87 bps to 37.54% in 2025, then jumped by 66 bps to 62.2% in 2026.
- Business Quant data shows TNK's Net Margin at 62.2% in Q2 2026, 44.83% in Q1 2026, and 37.54% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 19.97% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 4.76% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 10.16% |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 5.90% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 55.36% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 8.03% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 32.82% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 17.22% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 63.54% |
| 10 | Teekay Tankers | 3.09 Bn | 1.78 Bn | 312.20 Mn | 62.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.20% |
| Mar 31, 2026 | 44.83% |
| Dec 31, 2025 | 37.54% |
| Sep 30, 2025 | 38.17% |
| Jun 30, 2025 | 26.52% |
| Mar 31, 2025 | 18.05% |
| Dec 31, 2024 | 20.06% |
| Sep 30, 2024 | 23.15% |
| Jun 30, 2024 | 32.59% |
| Mar 31, 2024 | 35.94% |
| Dec 31, 2023 | 35.15% |
| Sep 30, 2023 | 26.80% |
| Jun 30, 2023 | 40.32% |
| Mar 31, 2023 | 44.32% |
| Dec 31, 2022 | 40.16% |
| Sep 30, 2022 | 20.73% |
| Jun 30, 2022 | 10.59% |
| Mar 31, 2022 | -8.05% |
| Dec 31, 2021 | -15.57% |
| Sep 30, 2021 | -43.27% |