Teekay Tankers (TNK) Total Debt (2009 - 2023)
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 - 2023) 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 | 170.65 Bn | 165.18 Bn | - | 30.33 Bn |
| 2 | Csx | 89.70 Bn | 85.91 Bn | - | 18.86 Bn |
| 3 | United Parcel Service | 84.71 Bn | 61.60 Bn | - | 24.48 Bn |
| 4 | Canadian Pacific Kansas City | 78.00 Bn | 77.02 Bn | - | 17.70 Bn |
| 5 | Norfolk Southern | 73.24 Bn | 67.88 Bn | - | 16.62 Bn |
| 6 | Fedex | 70.67 Bn | 36.62 Bn | - | 25.71 Bn |
| 7 | Delta Air Lines | 50.97 Bn | 33.15 Bn | - | 13.95 Bn |
| 8 | Old Dominion Freight Line | 39.24 Bn | 38.51 Bn | - | 20.00 Mn |
| 9 | United Airlines Holdings | 32.98 Bn | -23.39 Bn | - | 26.46 Bn |
| 10 | Teekay Tankers | 3.32 Bn | -516.57 Mn | 302.17 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -20,504.00 |
| Jun 30, 2023 | -28,457.00 |
| Mar 31, 2023 | -41,730.00 |
| Sep 30, 2022 | 22.38 Mn |
| Jun 30, 2022 | 26.04 Mn |
| Mar 31, 2022 | 39.06 Mn |
| Dec 31, 2021 | 345.29 Mn |
| Sep 30, 2021 | 397.53 Mn |
| Jun 30, 2021 | 303.60 Mn |
| Mar 31, 2021 | 30.97 Mn |
| Dec 31, 2020 | 252.96 Mn |
| Sep 30, 2020 | 235.07 Mn |
| Jun 30, 2020 | 322.94 Mn |
| Mar 31, 2020 | 84.91 Mn |
| Dec 31, 2019 | 609.68 Mn |
| Sep 30, 2019 | 658.96 Mn |
| Jun 30, 2019 | 608.23 Mn |
| Mar 31, 2019 | 126.23 Mn |
| Dec 31, 2018 | 735.41 Mn |
| Sep 30, 2018 | 807.08 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();