Teekay Tankers (TNK) Return on Invested Capital (2019 - 2023)

Teekay Tankers (TNK) reported Return on Invested Capital of 0.01% for Q4 2023, little changed year-over-year from 0.01% in Q4 2022, and down 96.95% quarter-over-quarter from 0.21% in Q3 2023.

Teekay Tankers (TNK) Return on Invested Capital (2019 - 2023) Analysis & Trends

Teekay Tankers (TNK) has 5 years of Return on Invested Capital data on file, last reported at 0.01% in Q4 2023.

  • Return on Invested Capital for Q4 2023 came in at 0.01%, changed 0.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 0.01% (changed 0.0% YoY), and the FY2025 annual result was 0.0%, changed 0.0% from the prior year.
  • Return on Invested Capital declined to 0.01% in Q4 2023 per TNK's latest filing, from 0.21% in the prior quarter.
  • Over five years, Return on Invested Capital peaked at 0.21% in Q3 2023 and troughed at 0.03% in Q3 2021.
  • A 5-year average of 0.02% and a median of 0.0% in 2020 frame the typical range for Return on Invested Capital.
  • The sharpest annual moves came in 2021 and 2023: Return on Invested Capital declined 3 bps in 2021, then advanced 20 bps in 2023.
  • A 5-year view of Return on Invested Capital shows it stood at 0.0% in 2019, then increased by 25 bps to 0.0% in 2020, then slumped by 238 bps to 0.0% in 2021, then soared by 195 bps to 0.0% in 2022, then jumped by 111 bps to 0.01% in 2023.
  • Business Quant data shows TNK's Return on Invested Capital at 0.01% in Q4 2023, 0.21% in Q3 2023, and 0.15% in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.00%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.00%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.00%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.00%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.00%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.00%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.00%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.00%
10 Teekay Tankers 317,930.60 -995.83 Mn 224.88 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.01%
Sep 30, 2023 0.21%
Jun 30, 2023 0.15%
Mar 31, 2023 0.01%
Dec 31, 2022 0.00%
Sep 30, 2022 0.01%
Jun 30, 2022 -0.01%
Mar 31, 2022 0.00%
Dec 31, 2021 0.00%
Sep 30, 2021 -0.03%
Jun 30, 2021 -0.01%
Mar 31, 2021 0.00%
Dec 31, 2020 0.00%
Sep 30, 2020 -0.01%
Jun 30, 2020 0.01%
Mar 31, 2020 0.00%
Dec 31, 2019 0.00%