Teekay Tankers (TNK) Tax Provisions (2019 - 2026)
Teekay Tankers (TNK) reported Tax Provisions of -$4.0 million for Q1 2026, down 75.16% year-over-year from -$16.1 million in Q1 2025, and down 678.73% quarter-over-quarter 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.
- Tax Provisions for Q1 2026 came in at -$4.0 million, down 75.16% year-over-year; the trailing twelve-month figure through Mar 2026 was -$545000.0 (up 90.15% YoY), and the FY2025 annual result was -$3.9 million, up 31.4% from the prior year.
- Tax Provisions declined to -$4.0 million in Q1 2026 per TNK's latest filing, 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.
- A 5-year average of -$597294.1 and a median of $432000.0 in 2025 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2025: Tax Provisions tumbled 1087.96% in 2023, then jumped 610.07% in 2025.
- A 5-year view of Tax Provisions shows it stood at -$901000.0 in 2022, then sank by 186.35% to -$2.6 million in 2023, then surged by 138.53% to $994000.0 in 2024, then slumped by 30.48% to $691000.0 in 2025, then sank by 678.73% to -$4.0 million in 2026.
- Business Quant data shows TNK's Tax Provisions at -$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 | 88.33 Bn | 89.03 Bn | 6.70 Bn | 428.04 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 22.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 287.00 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 135.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 123.90 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 245.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 102.54 Mn |
| 10 | Teekay Tankers | 317,930.60 | -995.83 Mn | 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 | -2.28 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 | 1.78 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 |