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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - |
| 10 | Teekay Tankers | 3.27 Bn | -561.03 Mn | 302.17 Mn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();