Teekay Tankers (TNK) Operating Margin (2009 - 2026)
Teekay Tankers (TNK) posted quarterly Operating Margin of 58.49% for Q2 2026, up 3487.0% year-over-year from 1.63% in Q2 2025, and up 13.31% quarter-over-quarter from 51.62% in Q1 2026.
Teekay Tankers (TNK) Operating Margin (2009 - 2026) Analysis & Trends
Teekay Tankers (TNK) has reported Operating Margin for 18 consecutive years, with 58.49% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin rose 3487.0% year-over-year to 58.49%; the TTM figure through Jun 2026 stood at 47.65% (up 2178.0% YoY), while the FY2025 annual figure was 32.48%, up 155.0% from the prior year.
- Operating Margin improved to 58.49% in Q2 2026 per TNK's latest filing, from 51.62% in the prior quarter.
- Across five years, Operating Margin topped out at 58.49% in Q2 2026 and bottomed at 4.47% in Q1 2022.
- Historically, Operating Margin has averaged 32.74% across 5 years, with a median of 32.34% in 2025.
- Annual changes were most pronounced in 2022 — Operating Margin surged 11083 bps — and 2024, when it tumbled 1049 bps.
- Teekay Tankers' Operating Margin 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 surged by 37 bps to 58.49% in 2026.
- Business Quant data shows TNK's Operating Margin at 58.49% in Q2 2026, 51.62% in Q1 2026, and 42.71% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 30.06% |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 9.93% |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 12.31% |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 10.41% |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 29.84% |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 13.22% |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 41.61% |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 27.80% |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 74.84% |
| 10 | Teekay Tankers | 3.09 Bn | 1.79 Bn | 312.20 Mn | 58.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 58.49% |
| 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% |