Teekay Tankers (TNK) Operating Leases (2019 - 2026)
Teekay Tankers (TNK) reported Operating Leases of $11.23 million for Q2 2026, down 52.1% from $23.44 million a year earlier and down 17.3% from the prior quarter.
Teekay Tankers (TNK) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Teekay Tankers posted Operating Leases of $17.05 million, down 40.6% from FY2024.
- Operating Leases has a five-year compound annual growth rate of 122.2% (FY2020 to FY2025).
- By year, Operating Leases came in at $28.72 million in FY2024 (-29.0%), $40.43 million in FY2023 (+50.5%), $26.86 million in FY2022 (+451.7%) and $4.87 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases since Q3 2022.
- Year over year, Operating Leases has now declined in each of the last ten quarters, with an average decline of 35.9% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q3 2023 (growth of 971.7%); the low point was Q2 2026 (a decline of 52.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $13.58 million (Q1 2026), $17.05 million (Q4 2025) and $20.18 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn |
| 10 | Teekay Tankers | 3.31 Bn | 3.31 Bn | 302.17 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.23 Mn |
| Mar 31, 2026 | 13.58 Mn |
| Dec 31, 2025 | 17.05 Mn |
| Sep 30, 2025 | 20.18 Mn |
| Jun 30, 2025 | 23.44 Mn |
| Mar 31, 2025 | 25.66 Mn |
| Dec 31, 2024 | 28.72 Mn |
| Sep 30, 2024 | 26.35 Mn |
| Jun 30, 2024 | 30.96 Mn |
| Mar 31, 2024 | 35.07 Mn |
| Dec 31, 2023 | 40.43 Mn |
| Sep 30, 2023 | 47.24 Mn |
| Jun 30, 2023 | 53.56 Mn |
| Mar 31, 2023 | 60.69 Mn |
| Dec 31, 2022 | 26.86 Mn |
| Sep 30, 2022 | 4.41 Mn |
| Jun 30, 2022 | 1.10 Mn |
| Mar 31, 2022 | 2.75 Mn |
| Dec 31, 2021 | 4.87 Mn |
| Sep 30, 2021 | 3.94 Mn |
Teekay Tankers Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=TNK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "TNK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=TNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();