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
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 -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%