Teekay Tankers (TNK) Tax Provisions (2019 - 2026)
Teekay Tankers' (TNK) quarterly Tax Provisions came in at -$4.0 million in Q1 2026, down 950.85% year-on-year from $470000.0 in Q1 2025, and down 678.73% sequentially from $691000.0 in Q4 2025.
Teekay Tankers (TNK) Tax Provisions (2019 - 2026) Analysis & Trends
Teekay Tankers' Tax Provisions history runs 8 years deep, the most recent figure standing at -$4.0 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 950.85% year-over-year to -$4.0 million; the TTM figure through Mar 2026 stood at -$545000.0 (up 80.41% YoY), while the FY2025 annual figure was -$3.9 million, up 31.4% from the prior year.
- Tax Provisions came in at -$4.0 million for Q1 2026 at Teekay Tankers, down from $691000.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $2.8 million in Q1 2024 and troughed at -$8.1 million in Q2 2023.
- The 5-year median for Tax Provisions is $470000.0 (2025), against an average of -$435352.9.
- The widest annual swing landed in 2023, when Tax Provisions plunged 1087.96%; it then surged 610.07% in 2025.
- A 5-year view of Tax Provisions shows it stood at -$901000.0 in 2022, then slumped by 186.35% to -$2.6 million in 2023, then soared by 138.53% to $994000.0 in 2024, then tumbled by 30.48% to $691000.0 in 2025, then slumped by 678.73% to -$4.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$4.0 million in Q1 2026, $691000.0 in Q4 2025, and $2.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 428.04 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 287.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 22.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 135.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 123.90 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 245.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 111.00 Mn |
| 10 | Teekay Tankers | - | - | 224.88 Mn | -4.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.00 Mn |
| Dec 31, 2025 | 691,000.00 |
| Sep 30, 2025 | 2.33 Mn |
| Jun 30, 2025 | 432,000.00 |
| Mar 31, 2025 | 470,000.00 |
| Dec 31, 2024 | 994,000.00 |
| Sep 30, 2024 | -457,000.00 |
| Jun 30, 2024 | -3.79 Mn |
| Mar 31, 2024 | 2.85 Mn |
| Dec 31, 2023 | -2.58 Mn |
| Sep 30, 2023 | 2.53 Mn |
| Jun 30, 2023 | -8.12 Mn |
| Mar 31, 2023 | -2.28 Mn |
| Dec 31, 2022 | -901,000.00 |
| Sep 30, 2022 | -1.27 Mn |
| Jun 30, 2022 | 822,000.00 |
| Mar 31, 2022 | 820,000.00 |
| Dec 31, 2021 | -291,000.00 |
| Sep 30, 2021 | 674,000.00 |
| Jun 30, 2021 | 2.12 Mn |