Teekay Tankers (TNK) Tax Rate (2019 - 2026)
Teekay Tankers (TNK) reported Tax Rate of 2.54% for Q1 2026, up 48.0% year-over-year from 1.72% in Q1 2025, and down 539.95% quarter-over-quarter from 0.58% in Q4 2025.
Teekay Tankers (TNK) Tax Rate (2019 - 2026) Analysis & Trends
Teekay Tankers (TNK) has 8 years of Tax Rate data on file, last reported at 2.54% in Q1 2026.
- Tax Rate for Q1 2026 came in at 2.54%, up 48.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.13% (up 153.0% YoY), and the FY2025 annual result was 1.13%, up 29.0% from the prior year.
- Tax Rate eased to 2.54% in Q1 2026 per TNK's latest filing, from 0.58% in the prior quarter.
- Over five years, Tax Rate peaked at 3.21% in Q3 2023 and troughed at 5.55% in Q1 2022.
- A 5-year average of 0.63% and a median of 0.61% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 830 bps in 2022, then surged 659 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 0.61% in 2022, then sank by 259 bps to 2.2% in 2023, then surged by 156 bps to 1.23% in 2024, then sank by 53 bps to 0.58% in 2025, then slumped by 540 bps to 2.54% in 2026.
- Business Quant data shows TNK's Tax Rate at 2.54% in Q1 2026, 0.58% in Q4 2025, and 2.6% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 10.04% |
| 10 | Teekay Tankers | 317,930.60 | -995.83 Mn | 224.88 Mn | -2.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.54% |
| Mar 31, 2026 | -2.54% |
| Dec 31, 2025 | 0.58% |
| Dec 31, 2025 | 0.58% |
| Sep 30, 2025 | 2.60% |
| Sep 30, 2025 | 2.60% |
| Jun 30, 2025 | 0.69% |
| Jun 30, 2025 | 0.69% |
| Mar 31, 2025 | -3.02% |
| Mar 31, 2025 | -3.02% |
| Dec 31, 2024 | 1.23% |
| Dec 31, 2024 | 1.23% |
| Sep 30, 2024 | -0.74% |
| Sep 30, 2024 | -0.74% |
| Jun 30, 2024 | -3.30% |
| Jun 30, 2024 | -3.30% |
| Mar 31, 2024 | 1.95% |
| Mar 31, 2024 | 1.95% |
| Dec 31, 2023 | -2.20% |
| Dec 31, 2023 | -2.20% |