Teekay Tankers (TNK) Tax Rate (2019 - 2026)
Teekay Tankers' (TNK) quarterly Tax Rate came in at 2.54% in Q1 2026, up 40.0% year-on-year from 1.81% in Q1 2025, and down 539.95% on a QoQ basis 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.
- On a quarterly basis, Tax Rate rose 40.0% year-over-year to 2.54% in Q1 2026; TTM through Mar 2026 was 0.13%, a 151.0% increase from a year earlier, with the FY2025 full-year figure at 3.39%, down 261.0% from the prior year.
- Tax Rate for Q1 2026 stood at 2.54%, down from 0.58% in the prior quarter.
- Over the last five years, Tax Rate for TNK reached as high as 3.21% in Q3 2023 and fell as low as 5.55% in Q1 2022.
- Historically, Tax Rate has averaged 0.76% across 5 years, with a median of 0.74% in 2024.
- Across the five-year window, Tax Rate slumped 830 bps in 2022 and surged 504 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 0.61% in 2022, then slumped by 259 bps to 2.2% in 2023, then surged by 156 bps to 1.23% in 2024, then slumped by 53 bps to 0.58% in 2025, then tumbled by 540 bps to 2.54% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -0.08% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -0.12% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 23.33% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.45% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 10.04% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 6.40% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.27% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 24.00% |
| 10 | Teekay Tankers | 20.90 Bn | -14.02 Bn | 224.88 Mn | -2.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.54% |
| Mar 31, 2026 | -2.54% |
| Mar 31, 2026 | -2.54% |
| Dec 31, 2025 | 0.58% |
| Dec 31, 2025 | 0.58% |
| Dec 31, 2025 | 0.58% |
| Sep 30, 2025 | 2.60% |
| Sep 30, 2025 | 2.60% |
| Sep 30, 2025 | 2.60% |
| Jun 30, 2025 | 0.69% |
| Jun 30, 2025 | 0.69% |
| Jun 30, 2025 | 0.69% |
| Mar 31, 2025 | -2.94% |
| Mar 31, 2025 | -2.94% |
| Mar 31, 2025 | -2.94% |
| Dec 31, 2024 | 1.23% |
| Dec 31, 2024 | 1.23% |
| Dec 31, 2024 | 1.23% |
| Sep 30, 2024 | -0.74% |
| Sep 30, 2024 | -0.74% |