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
DateValue
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