Teekay Tankers TNK
NYSE TNK
$93.38 +1.59 (+1.73%)
At close: Sep 4, 2026 · 4:00 PM EDT

Teekay Tankers (TNK) Tax Provisions (2019 - 2026)

Teekay Tankers' (TNK) quarterly Tax Provisions came in at -$5.1 million in Q2 2026, down 1275.0% year-over-year from $432000.0 in Q2 2025, and down 26.93% quarter-over-quarter from -$4.0 million in Q1 2026.

Analysis

Teekay Tankers (TNK) Tax Provisions (2019 - 2026) Analysis & Trends

Teekay Tankers (TNK) has reported Tax Provisions for 8 consecutive years, with -$5.1 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Provisions fell 1275.0% year-over-year to -$5.1 million in Q2 2026; TTM through Jun 2026 was -$6.1 million, a 520.64% decrease from a year earlier, with the FY2025 full-year figure at $3.9 million, up 1068.89% from the prior year.
  • Tax Provisions was -$5.1 million for Q2 2026 at Teekay Tankers, down from -$4.0 million 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 -$918888.9 and a median of -$12500.0 in 2024 frame the typical range for Tax Provisions.
  • Across the five-year window, Tax Provisions soared 610.07% in 2025 and plunged 1275.0% in 2026, its largest moves.
  • Over 5 years, Tax Provisions stood at -$901000.0 in 2022, then slumped by 186.35% to -$2.6 million in 2023, then jumped by 138.53% to $994000.0 in 2024, then tumbled by 30.48% to $691000.0 in 2025, then tumbled by 834.59% to -$5.1 million in 2026.
  • The last three Tax Provisions figures came in at -$5.1 million (Q2 2026), -$4.0 million (Q1 2026), and $691000.0 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -554,000.00
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 28.61 Mn
3 Matson 6.74 Bn 6.62 Bn - 34.50 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn -1,000.00
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -1.41 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -1.99 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn -
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -800,000.00
10 Teekay Tankers 3.23 Bn 3.23 Bn 312.20 Mn -5.08 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -5.08 Mn
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