Teekay Tankers (TNK) Operating Margin (2009 - 2026)
Teekay Tankers' (TNK) quarterly Operating Margin came in at 51.62% in Q1 2026, up 1950.0% year-on-year from 2.52% in Q1 2025, and up 20.86% sequentially from 42.71% in Q4 2025.
Teekay Tankers (TNK) Operating Margin (2009 - 2026) Analysis & Trends
Teekay Tankers' Operating Margin history runs 18 years deep, the most recent figure standing at 51.62% for Q1 2026.
- In Q1 2026, Operating Margin rose 1950.0% year-over-year to 51.62%; the TTM figure through Mar 2026 stood at 38.0% (up 964.0% YoY), while the FY2025 annual figure was 32.48%, up 155.0% from the prior year.
- Operating Margin came in at 51.62% for Q1 2026 at Teekay Tankers, up from 42.71% in the prior quarter.
- Over five years, Operating Margin peaked at 51.62% in Q1 2026 and troughed at 4.47% in Q1 2022.
- The 5-year median for Operating Margin is 32.12% (2025), against an average of 31.22%.
- The widest annual swing landed in 2022, when Operating Margin soared 11083 bps; it then plunged 1049 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 42.0% in 2022, then fell by 20 bps to 33.79% in 2023, then retreated by 17 bps to 28.19% in 2024, then jumped by 51 bps to 42.71% in 2025, then climbed by 21 bps to 51.62% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 51.62% in Q1 2026, 42.71% in Q4 2025, and 30.31% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 14.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 29.91% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 13.17% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 10.74% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.68% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 39.96% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 14.85% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 10.03% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 25.03% |
| 10 | Teekay Tankers | - | - | 224.88 Mn | 51.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.62% |
| Dec 31, 2025 | 42.71% |
| Sep 30, 2025 | 30.31% |
| Jun 30, 2025 | 23.61% |
| Mar 31, 2025 | 32.12% |
| Dec 31, 2024 | 28.19% |
| Sep 30, 2024 | 20.33% |
| Jun 30, 2024 | 32.56% |
| Mar 31, 2024 | 39.27% |
| Dec 31, 2023 | 33.79% |
| Sep 30, 2023 | 28.54% |
| Jun 30, 2023 | 43.05% |
| Mar 31, 2023 | 46.08% |
| Dec 31, 2022 | 42.00% |
| Sep 30, 2022 | 26.98% |
| Jun 30, 2022 | 14.06% |
| Mar 31, 2022 | -4.47% |
| Dec 31, 2021 | -13.30% |
| Sep 30, 2021 | -35.80% |
| Jun 30, 2021 | -96.77% |