Teekay Tankers (TNK) Tax Provisions (2019 - 2026)
Teekay Tankers' (TNK) quarterly Tax Provisions came in at -$4.0 million in Q1 2026, down 80.05% year-on-year from -$20.0 million in Q1 2025, and down 678.73% on a QoQ basis from $691000.0 in Q4 2025.
Teekay Tankers (TNK) Tax Provisions (2019 - 2026) Analysis & Trends
Teekay Tankers (TNK) has 8 years of Tax Provisions data on file, last reported at -$4.0 million in Q1 2026.
- On a quarterly basis, Tax Provisions fell 80.05% year-over-year to -$4.0 million in Q1 2026; TTM through Mar 2026 was -$545000.0, a 90.04% increase from a year earlier, with the FY2025 full-year figure at -$11.8 million, down 271.92% from the prior year.
- Tax Provisions for Q1 2026 stood at -$4.0 million, down from $691000.0 in the prior quarter.
- Over the last five years, Tax Provisions for TNK reached as high as $2.8 million in Q1 2024 and fell as low as -$8.1 million in Q2 2023.
- Historically, Tax Provisions has averaged -$832647.1 across 5 years, with a median of -$457000.0 in 2024.
- Across the five-year window, Tax Provisions sank 1087.96% in 2023 and surged 610.07% in 2025, its largest moves.
- Year by year, Tax Provisions stood at -$901000.0 in 2022, then slumped by 186.35% to -$2.6 million in 2023, then surged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -126,000.00 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -23,000.00 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 272.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 428.04 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 22.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 102.54 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 135.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 123.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 245.00 Mn |
| 10 | Teekay Tankers | 20.90 Bn | -14.02 Bn | 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 | -2.22 Mn |
| 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 |