Teekay Tankers (TNK) Return on Invested Capital (2009 - 2024)
Teekay Tankers (TNK) posted quarterly Return on Invested Capital of 0.03% for Q3 2024, up 3.0% year-over-year from 0.03% in Q4 2023, and down 5.11% quarter-over-quarter from 0.03% in Q2 2024.
Teekay Tankers (TNK) Return on Invested Capital (2009 - 2024) Analysis & Trends
Teekay Tankers (TNK) has reported Return on Invested Capital for 11 consecutive years, with 0.03% the latest figure, recorded in Q3 2024.
- In Q3 2024, Return on Invested Capital rose 3.0% year-over-year to 0.03%; the TTM figure through Sep 2024 stood at 0.03% (up 3.0% YoY), while the FY2023 annual figure was 0.02%, up 1.0% from the prior year.
- Return on Invested Capital fell to 0.03% in Q3 2024 per TNK's latest filing, from 0.03% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.03% in Q2 2024 and bottomed at 0.0% in Q1 2022.
- Historically, Return on Invested Capital has averaged 0.0% across 5 years, with a median of 0.0% in 2023.
- Annual changes were most pronounced in 2020 — Return on Invested Capital slumped 595 bps — and 2024, when it grew 3 bps.
- Teekay Tankers' Return on Invested Capital stood at 0.0% in 2020, then plunged by 280 bps to 0.0% in 2021, then soared by 348 bps to 0.01% in 2022, then plunged by 102 bps to 0.0% in 2023, then surged by 23133 bps to 0.03% in 2024.
- Business Quant data shows TNK's Return on Invested Capital at 0.03% in Q3 2024, 0.03% in Q2 2024, and 0.0% in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.00% |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 0.01% |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 0.01% |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 1.64% |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 0.00% |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 0.01% |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 0.00% |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 0.00% |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 0.01% |
| 10 | Teekay Tankers | 3.09 Bn | 1.79 Bn | 312.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.03% |
| Jun 30, 2024 | 0.03% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 0.01% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | 0.00% |
| Dec 31, 2020 | 0.00% |
| Sep 30, 2020 | 0.00% |
| Jun 30, 2020 | 0.00% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |