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| Date | Value |
|---|---|
| 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% |