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

Teekay Tankers' (TNK) quarterly Tax Rate came in at 2.54% in Q1 2026, down 316.0% year-on-year from 1.18% in Q1 2025, and down 539.95% sequentially from 0.58% in Q4 2025.

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

Teekay Tankers' Tax Rate history runs 8 years deep, the most recent figure standing at 2.54% for Q1 2026.

  • In Q1 2026, Tax Rate fell 316.0% year-over-year to 2.54%; the TTM figure through Mar 2026 stood at 0.13% (up 71.0% YoY), while the FY2025 annual figure was 1.13%, up 29.0% from the prior year.
  • Tax Rate came in at 2.54% for Q1 2026 at Teekay Tankers, down 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.
  • The 5-year median for Tax Rate is 0.58% (2025), against an average of 0.41%.
  • The widest annual swing landed in 2022, when Tax Rate sank 830 bps; it then soared 659 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 0.61% in 2022, then slumped by 259 bps to 2.2% in 2023, then soared 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 24.82%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 22.28%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.45%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 6.40%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.27%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.11%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 24.00%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 15.08%
10 Teekay Tankers - - 224.88 Mn -2.54%

Historic Data

Download Data
DateValue
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 0.62%
Mar 31, 2025 0.62%
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%