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
DateValue
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%