Teekay Tankers (TNK) Return on Invested Capital (2019 - 2024)
Teekay Tankers' (TNK) quarterly Return on Invested Capital came in at 0.03% in Q3 2024, up 3.0% year-on-year from 0.03% in Q4 2023, and down 5.11% on a QoQ basis from 0.03% in Q2 2024.
Teekay Tankers (TNK) Return on Invested Capital (2019 - 2024) Analysis & Trends
Teekay Tankers (TNK) has 6 years of Return on Invested Capital data on file, last reported at 0.03% in Q3 2024.
- On a quarterly basis, Return on Invested Capital rose 3.0% year-over-year to 0.03% in Q3 2024; TTM through Sep 2024 was 0.03%, a 3.0% increase from a year earlier, with the FY2023 full-year figure at 0.02%, up 1.0% from the prior year.
- Return on Invested Capital for Q3 2024 stood at 0.03%, down from 0.03% in the prior quarter.
- Over the last five years, Return on Invested Capital for TNK reached as high as 0.03% in Q2 2024 and fell as low as 0.01% in Q1 2022.
- Historically, Return on Invested Capital has averaged 0.0% across 5 years, with a median of 0.0% in 2023.
- Across the five-year window, Return on Invested Capital fell 1 bps in 2021 and advanced 3 bps in 2024, its largest moves.
- Year by year, Return on Invested Capital stood at 0.0% in 2020, then plunged by 256 bps to 0.01% in 2021, then soared by 210 bps to 0.01% in 2022, then plunged by 102 bps to 0.0% in 2023, then jumped by 23133 bps to 0.03% in 2024.
- Per Business Quant data, the three most recent Return on Invested Capital figures were 0.03% in Q3 2024, 0.03% in Q2 2024, and 0.0% in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 0.01% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 0.01% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 0.00% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 0.01% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 0.01% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.00% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.70% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 0.00% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.01% |
| 10 | Teekay Tankers | 20.90 Bn | -14.02 Bn | 224.88 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 | -0.01% |
| Dec 31, 2021 | -0.01% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | 0.00% |
| Dec 31, 2020 | 0.00% |
| Sep 30, 2020 | 0.01% |
| Jun 30, 2020 | 0.00% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |