Teekay Tankers (TNK) Total Debt (2009 - 2026)
Teekay Tankers (TNK) reported Total Debt of $16.58 million for Q2 2026, down 3.7% from $17.21 million a year earlier and down 14.7% from the prior quarter.
Teekay Tankers (TNK) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Teekay Tankers posted Total Debt of $21.11 million, down 15.1% from FY2024.
- Total Debt has declined for three consecutive years, with a five-year compound annual growth rate of -39.1% (FY2020 to FY2025).
- By year, Total Debt came in at $24.88 million in FY2024 (-30.7%), $35.88 million in FY2023 (-90.1%), $361.98 million in FY2022 (+4.8%) and $345.29 million in FY2021 (+36.5%).
- Five-year quarterly Total Debt spans a low of $15.12 million in Q3 2025 and a high of $508.59 million in Q3 2022.
- Year over year, Total Debt has now declined in each of the last 12 quarters, with an average decline of 26.3% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was Q3 2021 (growth of 69.1%); the low point was Q3 2023 (a decline of 92.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $19.42 million (Q1 2026), $21.11 million (Q4 2025) and $15.12 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 30.33 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 18.86 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 18.18 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 24.48 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 16.62 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 25.71 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 15.05 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 20.00 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 67.07 Mn |
| 10 | Teekay Tankers | 3.31 Bn | 3.31 Bn | 302.17 Mn | 16.58 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.58 Mn |
| Mar 31, 2026 | 19.42 Mn |
| Dec 31, 2025 | 21.11 Mn |
| Sep 30, 2025 | 15.12 Mn |
| Jun 30, 2025 | 17.21 Mn |
| Mar 31, 2025 | 20.00 Mn |
| Dec 31, 2024 | 24.88 Mn |
| Sep 30, 2024 | 27.65 Mn |
| Jun 30, 2024 | 32.75 Mn |
| Mar 31, 2024 | 30.80 Mn |
| Dec 31, 2023 | 35.88 Mn |
| Sep 30, 2023 | 39.38 Mn |
| Jun 30, 2023 | 65.84 Mn |
| Mar 31, 2023 | 214.21 Mn |
| Dec 31, 2022 | 361.98 Mn |
| Sep 30, 2022 | 508.59 Mn |
| Jun 30, 2022 | 61.48 Mn |
| Mar 31, 2022 | 149.32 Mn |
| Dec 31, 2021 | 345.29 Mn |
| Sep 30, 2021 | 397.53 Mn |
Teekay Tankers Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=TNK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "TNK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=TNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();