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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |