Teekay Tankers (TNK) Financials

$39.85 +1.54 (+4.02%)

Closing price 04/17/2025 03:59 PM Eastern

Extended Trading

$39.10 -0.75 (-1.88%)

As of 04/17/2025 05:44 PM Eastern

Annual Income Statements for Teekay Tankers

This table shows Teekay Tankers' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	61	184	68	-47	-53	41	87	-242	235	520	404
Consolidated Net Income / (Loss)	61	184	68	-58	-53	41	87	-242	235	520	404
Net Income / (Loss) Continuing Operations	61	184	68	-47	-53	41	87	-242	236	523	406
Total Pre-Tax Income	55	172	68	-53	-43	61	95	-244	238	532	404
Total Operating Income	62	194	97	1.42	7.20	124	142	-194	264	547	380
Total Gross Profit	239	516	497	354	395	542	589	227	682	999	824
Total Revenue	250	535	551	431	776	944	886	542	1,178	1,474	1,229
Operating Revenue	250	535	551	431	776	944	886	542	1,178	1,474	1,229
Total Cost of Revenue	11	19	54	77	381	402	297	315	496	474	406
Operating Cost of Revenue	11	19	54	77	381	402	297	315	496	474	406
Total Operating Expenses	177	322	400	352	388	418	448	421	419	453	444
Selling, General & Admin Expense	13	30	33	208	249	245	223	209	291	293	308
Depreciation Expense	53	74	104	100	119	124	117	106	99	98	94
Other Operating Expenses / (Income)	121	212	242	31	20	43	36	14	27	71	75
Impairment Charge	-	-	-	-	-0.17	5.54	69	-	-8.89	-10	-38
Restructuring Charge	0.00	6.80	0.00	0.00	1.20	0.00	1.40	0.00	9.92	1.60	5.63
Total Other Income / (Expense), net	-6.75	-22	-29	-54	-50	-62	-47	-50	-26	-18	21
Interest Expense	9.13	17	30	31	59	65	52	35	36	28	7.47
Interest & Investment Income	0.29	0.12	0.12	-24	2.10	3.22	6.30	-14	1.46	11	24
Other Income / (Expense), net	2.09	-4.34	0.57	1.65	6.21	-0.27	-1.75	-1.19	7.89	-0.95	4.56
Income Tax Expense	-	-	7.51	-5.33	9.41	20	7.28	-1.93	2.24	13	0.41
Other Gains / (Losses), net	5.23	12	7.68	-	-	-	-	-	0.24	3.43	2.77
Basic Earnings per Share	$0.67	$1.26	$0.40	($2.48)	($1.57)	$1.23	$2.59	($7.16)	$6.92	$15.22	$11.73
Weighted Average Basic Shares Outstanding	85.88M	143.91M	170.10M	23.40M	33.56M	33.62M	33.72M	33.86M	34.00M	34.16M	34.41M
Diluted Earnings per Share	$0.66	$1.25	$0.40	($2.48)	($1.57)	$1.23	$2.57	($7.16)	$6.87	$15.04	$11.63
Weighted Average Diluted Shares Outstanding	86.25M	144.49M	170.34M	23.40M	33.56M	33.73M	33.92M	33.86M	34.29M	34.57M	34.71M
Weighted Average Basic & Diluted Shares Outstanding	112.06M	156.03M	159.30M	268.20M	268.56M	33.65M	33.74M	33.79M	33.94M	34.09M	34.36M
Cash Dividends to Common per Share	$0.12	$0.24	$0.18	$0.96	$0.24	$0.00	$0.00	$0.00	$0.00	$1.75	$3.00

No quarterly income statements for Teekay Tankers are available.

This table details how cash moves in and out of Teekay Tankers' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	137	-31	-62	-19	-15	36	-2.94	-44	138	178	123
Net Cash From Operating Activities	21	202	207	80	-7.26	118	348	-107	200	631	472
Net Cash From Continuing Operating Activities	21	202	207	80	-7.26	118	348	-104	199	631	472
Net Income / (Loss) Continuing Operations	61	184	68	-58	-53	41	87	-242	235	520	404
Consolidated Net Income / (Loss)	61	184	68	-58	-53	41	87	-242	235	520	404
Depreciation Expense	53	74	104	100	119	124	117	106	99	98	94
Non-Cash Adjustments To Reconcile Net Income	-34	-49	14	31	-18	-23	52	82	-17	-19	-63
Changes in Operating Assets and Liabilities, net	-59	-6.54	20	6.59	-56	-25	91	-49	-118	33	37
Net Cash From Investing Activities	110	-881	22	79	-4.49	8.38	75	38	51	17	-5.11
Net Cash From Continuing Investing Activities	110	-881	22	78	-4.49	8.38	65	38	51	17	-5.11
Purchase of Property, Plant & Equipment	-2.08	-236	-9.23	-4.73	-5.83	-12	-16	-21	-15	-10	-75
Purchase of Investments	-2.52	-	-	-	-	-	-	-	-	0.00	-21
Divestitures	-	0.00	0.00	31	0.59	20	86	58	70	24	89
Other Investing Activities, net	-40	-611	3.50	-0.55	-	0.00	-4.65	1.50	-3.00	3.90	2.50
Net Cash From Financing Activities	-0.65	648	-291	-178	-3.45	-90	-416	22	-113	-470	-343
Net Cash From Continuing Financing Activities	6.41	652	-291	-178	-3.45	-90	-416	22	-113	-470	-343
Repayment of Debt	-187	-232	-1,142	-553	-303	-411	-1,196	-205	-535	-92	-9.32
Payment of Dividends	-10	-15	-62	-21	-8.05	-	-	0.00	0.00	-65	-108
Issuance of Debt	81	689	906	233	81	257	810	271	134	51	0.00
Issuance of Common Equity	111	242	7.56	14	-	-	-	-	0.00	0.00	2.90
Other Financing Activities, net	4.27	-31	-0.74	149	226	64	-30	-44	288	-364	-229

No quarterly cash flow statements for Teekay Tankers are available.

This table presents Teekay Tankers' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,241	2,169	1,964	2,197	2,161	2,229	1,840	1,619	1,784	1,942	1,974
Total Current Assets	262	280	258	177	226	421	245	245	460	667	748
Cash & Equivalents	163	96	94	71	55	89	97	51	181	391	512
Restricted Cash	0.00	0.87	0.75	1.60	2.15	3.07	2.78	2.22	3.71	0.69	3.67
Short-Term Investments	-	-	-	-	-	-	-	-	-	0.00	22
Accounts Receivable	55	95	83	68	57	96	41	44	117	108	82
Inventories, net	-	-	-	-	23	50	35	49	61	53	46
Prepaid Expenses	9.37	24	21	19	11	10	9.74	10	10	15	13
Other Current Assets	35	63	59	17	77	107	60	88	85	92	5.87
Plant, Property, & Equipment, net	897	1,768	1,605	1,966	1,884	1,770	1,105	925	430	929	1,132
Total Noncurrent Assets	82	122	101	55	52	38	1,591	1,369	1,324	1,270	94
Long-Term Investments	73	87	71	25	26	28	32	16	16	16	16
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	-	-	-	0.00
Goodwill	-	0.00	8.06	8.06	8.06	2.43	2.43	2.43	2.43	2.43	2.43
Intangible Assets	0.00	30	18	15	12	2.55	-1.71	-2.71	1.05	-4.34	0.31
Other Noncurrent Operating Assets	8.36	5.31	4.65	4.35	3.05	5.36	1,559	1,353	1,304	1,256	75
Total Liabilities & Shareholders' Equity	1,241	2,169	1,964	2,197	2,161	2,229	1,840	1,619	1,784	1,942	1,974
Total Liabilities	763	1,292	1,032	1,191	1,214	1,240	761	780	714	392	217
Total Current Liabilities	86	290	256	237	198	280	197	157	170	168	132
Accounts Payable	1.94	17	14	7.86	11	71	31	35	42	34	26
Accrued Expenses	18	62	29	35	41	60	55	33	47	72	76
Other Current Liabilities	18	34	37	20	40	52	90	49	79	62	31
Total Noncurrent Liabilities	677	1,002	776	954	1,016	960	564	623	543	223	85
Other Noncurrent Operating Liabilities	11	4.21	14	27	33	54	332	318	543	223	85
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	478	877	933	1,007	947	990	1,079	838	1,070	1,550	1,757
Total Preferred & Common Equity	478	877	933	1,007	947	990	1,079	838	1,070	1,550	1,757
Total Common Equity	478	877	933	1,007	947	990	1,079	838	1,070	1,550	1,757
Common Stock	803	1,095	1,103	1,295	1,296	1,298	1,299	1,301	1,304	1,330	1,309
Retained Earnings	-347	-217	-183	-288	-349	-308	-220	-463	-234	220	447

No quarterly balance sheets for Teekay Tankers are available.

This table displays calculated financial ratios and metrics derived from Teekay Tankers' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	38.88%	113.87%	2.97%	-21.68%	80.09%	21.56%	-6.09%	-38.81%	117.19%	25.11%	-16.58%
EBITDA Growth	103.52%	124.04%	-23.43%	-48.61%	27.42%	87.68%	3.81%	-134.70%	515.62%	73.53%	-25.66%
EBIT Growth	852.78%	195.19%	-48.61%	-96.85%	337.92%	821.23%	13.12%	-239.66%	239.13%	100.88%	-29.52%
NOPAT Growth	856.25%	212.14%	-55.60%	-98.85%	408.76%	1,553.16%	56.75%	-203.97%	292.35%	104.27%	-28.86%
Net Income Growth	2,334.70%	203.32%	-63.06%	-185.55%	9.44%	178.71%	111.10%	-377.58%	197.13%	120.83%	-22.36%
EPS Growth	760.00%	89.39%	-68.00%	-185.55%	9.44%	178.34%	108.94%	-378.60%	195.95%	118.92%	-22.67%
Operating Cash Flow Growth	41.94%	864.50%	2.27%	-61.03%	-109.02%	1,720.01%	195.72%	-130.84%	286.08%	216.11%	-25.24%
Free Cash Flow Firm Growth	384.42%	-836.65%	134.16%	-225.30%	120.04%	271.35%	-260.12%	136.05%	659.69%	-122.88%	669.85%
Invested Capital Growth	-3.53%	95.44%	-8.49%	18.02%	-2.80%	-7.38%	27.39%	-11.61%	-36.18%	58.69%	-44.67%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	95.51%	96.50%	90.26%	82.06%	50.89%	57.38%	66.47%	41.90%	57.93%	67.81%	67.01%
EBITDA Margin	46.98%	49.21%	36.59%	24.01%	16.99%	26.23%	29.00%	-16.45%	31.47%	43.66%	38.91%
Operating Margin	24.82%	36.23%	17.57%	0.33%	0.93%	13.12%	15.97%	-35.79%	22.40%	37.10%	30.92%
EBIT Margin	25.66%	35.42%	17.68%	0.71%	1.73%	13.10%	15.77%	-36.01%	23.07%	37.04%	31.29%
Profit (Net Income) Margin	24.22%	34.34%	12.32%	-13.46%	-6.77%	4.38%	9.85%	-44.69%	19.99%	35.28%	32.84%
Tax Burden Percent	109.45%	106.70%	100.25%	110.12%	121.82%	67.29%	92.30%	99.21%	99.06%	97.64%	99.90%
Interest Burden Percent	86.22%	90.88%	69.52%	-1,719.75%	-321.48%	49.72%	67.66%	125.10%	87.47%	97.56%	105.04%
Effective Tax Rate	0.00%	0.00%	11.10%	0.00%	0.00%	32.71%	7.70%	0.00%	0.94%	2.36%	0.10%
Return on Invested Capital (ROIC)	6.41%	13.79%	4.83%	0.05%	0.25%	4.44%	6.36%	-6.27%	15.69%	31.79%	23.73%
ROIC Less NNEP Spread (ROIC-NNEP)	6.15%	12.41%	2.75%	-6.62%	-5.49%	-0.18%	2.11%	-15.08%	12.05%	28.01%	-21.10%
Return on Net Nonoperating Assets (RNNOA)	9.46%	13.30%	2.66%	-6.04%	-5.63%	-0.17%	2.08%	-19.01%	8.99%	7.89%	0.68%
Return on Equity (ROE)	15.87%	27.09%	7.49%	-5.98%	-5.38%	4.27%	8.44%	-25.28%	24.67%	39.68%	24.42%
Cash Return on Invested Capital (CROIC)	10.01%	-50.82%	13.70%	-16.48%	3.09%	12.10%	-17.73%	6.06%	59.85%	-13.59%	81.25%
Operating Return on Assets (OROA)	5.49%	11.10%	4.71%	0.15%	0.62%	5.63%	6.87%	-11.29%	15.97%	29.30%	19.65%
Return on Assets (ROA)	5.18%	10.77%	3.28%	-2.79%	-2.41%	1.88%	4.29%	-14.01%	13.84%	27.91%	20.62%
Return on Common Equity (ROCE)	15.87%	27.09%	7.49%	-5.98%	-5.38%	4.27%	8.44%	-25.28%	24.67%	39.68%	24.42%
Return on Equity Simple (ROE_SIMPLE)	12.66%	20.93%	7.27%	-5.76%	-5.55%	4.18%	8.09%	-28.91%	22.00%	33.54%	22.98%
Net Operating Profit after Tax (NOPAT)	62	194	86	0.99	5.04	83	131	-136	261	534	380
NOPAT Margin	24.82%	36.23%	15.62%	0.23%	0.65%	8.83%	14.74%	-25.05%	22.19%	36.22%	30.89%
Net Nonoperating Expense Percent (NNEP)	0.26%	1.39%	2.08%	6.68%	5.75%	4.62%	4.25%	8.81%	3.64%	3.78%	44.84%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	24.42%	34.44%	21.62%
Cost of Revenue to Revenue	4.49%	3.50%	9.74%	17.94%	49.11%	42.62%	33.53%	58.10%	42.07%	32.19%	32.99%
SG&A Expenses to Revenue	5.13%	5.69%	6.03%	48.30%	32.06%	25.96%	25.18%	38.55%	24.71%	19.88%	25.03%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	70.69%	60.27%	72.69%	81.73%	49.97%	44.26%	50.50%	77.69%	35.53%	30.71%	36.09%
Earnings before Interest and Taxes (EBIT)	64	189	97	3.06	13	124	140	-195	272	546	385
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	117	263	201	104	132	248	257	-89	371	643	478
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.67	0.67	0.32	0.20	0.24	0.75	0.32	0.40	0.88	1.04	0.77
Price to Tangible Book Value (P/TBV)	0.67	0.70	0.33	0.20	0.25	0.75	0.32	0.40	0.89	1.04	0.77
Price to Revenue (P/Rev)	1.27	1.11	0.54	0.46	0.30	0.78	0.38	0.62	0.80	1.09	1.10
Price to Earnings (P/E)	5.26	3.22	4.36	0.00	0.00	17.91	3.91	0.00	4.02	3.09	3.34
Dividend Yield	3.15%	2.28%	15.84%	9.56%	14.05%	0.00%	0.00%	0.00%	0.00%	1.58%	7.59%
Earnings Yield	19.01%	31.08%	22.95%	0.00%	0.00%	5.58%	25.60%	0.00%	24.87%	32.32%	29.96%
Enterprise Value to Invested Capital (EV/IC)	0.83	0.85	0.63	0.60	0.63	0.90	0.20	0.30	0.57	0.58	0.70
Enterprise Value to Revenue (EV/Rev)	3.16	2.94	1.93	2.79	1.59	1.72	0.52	1.13	0.63	0.81	0.65
Enterprise Value to EBITDA (EV/EBITDA)	6.73	5.97	5.28	11.62	9.37	6.54	1.80	0.00	2.01	1.87	1.66
Enterprise Value to EBIT (EV/EBIT)	12.33	8.30	10.92	392.52	92.12	13.10	3.31	0.00	2.75	2.20	2.06
Enterprise Value to NOPAT (EV/NOPAT)	12.74	8.11	12.36	1,213.35	245.12	19.43	3.54	0.00	2.86	2.25	2.09
Enterprise Value to Operating Cash Flow (EV/OCF)	37.77	7.78	5.15	14.94	0.00	13.77	1.33	0.00	3.74	1.90	1.68
Enterprise Value to Free Cash Flow (EV/FCFF)	8.16	0.00	4.36	0.00	20.19	7.12	0.00	4.69	0.75	0.00	0.61
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.48	1.33	1.00	1.09	1.15	1.01	0.23	0.41	0.00	0.00	0.00
Long-Term Debt to Equity	1.38	1.13	0.82	0.92	1.04	0.91	0.22	0.36	0.00	0.00	0.00
Financial Leverage	1.54	1.07	0.97	0.91	1.03	0.94	0.99	1.26	0.75	0.28	-0.03
Leverage Ratio	3.07	2.52	2.28	2.15	2.23	2.27	1.97	1.80	1.78	1.42	1.18
Compound Leverage Factor	2.64	2.29	1.59	-36.90	-7.17	1.13	1.33	2.26	1.56	1.39	1.24
Debt to Total Capital	59.70%	57.03%	50.01%	52.24%	53.51%	50.23%	18.99%	29.17%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	3.98%	8.52%	9.17%	8.25%	5.22%	4.70%	1.57%	3.42%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	55.72%	48.51%	40.84%	43.99%	48.29%	45.53%	17.43%	25.75%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	40.30%	42.97%	49.99%	47.76%	46.49%	49.77%	81.01%	70.83%	100.00%	100.00%	100.00%
Debt to EBITDA	6.03	4.43	4.63	10.64	8.26	4.04	0.98	-3.87	0.00	0.00	0.00
Net Debt to EBITDA	4.02	3.73	3.81	9.68	7.63	3.55	0.47	-3.10	0.00	0.00	0.00
Long-Term Debt to EBITDA	5.63	3.76	3.78	8.95	7.46	3.66	0.90	-3.42	0.00	0.00	0.00
Debt to NOPAT	11.42	6.01	10.85	1,110.99	216.11	11.98	1.94	-2.54	0.00	0.00	0.00
Net Debt to NOPAT	7.61	5.06	8.92	1,011.61	199.68	10.55	0.93	-2.03	0.00	0.00	0.00
Long-Term Debt to NOPAT	10.66	5.11	8.86	935.47	195.04	10.86	1.78	-2.24	0.00	0.00	0.00
Altman Z-Score	0.40	0.66	0.49	0.09	0.28	0.85	0.87	-0.14	1.97	4.62	5.68
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.06	0.97	1.01	0.75	1.14	1.51	1.25	1.56	2.70	3.97	5.66
Quick Ratio	2.54	0.66	0.69	0.59	0.57	0.66	0.70	0.60	1.75	2.97	4.67
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	97	-714	244	-305	61	227	-364	131	997	-228	1,300
Operating Cash Flow to CapEx	0.00%	89.70%	0.00%	0.00%	-124.64%	1,011.88%	2,171.25%	-500.36%	1,294.16%	6,189.89%	626.33%
Free Cash Flow to Firm to Interest Expense	10.61	-41.04	8.19	-9.76	1.04	3.48	-7.07	3.75	27.89	-8.23	174.00
Operating Cash Flow to Interest Expense	2.29	11.61	6.93	2.57	-0.12	1.80	6.75	-3.06	5.59	22.78	63.16
Operating Cash Flow Less CapEx to Interest Expense	18.94	-1.33	7.55	4.09	-0.22	1.62	6.44	-3.68	5.15	22.41	53.07
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.21	0.31	0.27	0.21	0.36	0.43	0.44	0.31	0.69	0.79	0.63
Accounts Receivable Turnover	5.75	7.12	6.19	5.72	12.38	12.31	12.87	12.77	14.71	13.10	12.89
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	11.03	7.04	7.54	9.02	8.32	8.18
Fixed Asset Turnover	0.28	0.40	0.33	0.24	0.40	0.52	0.62	0.53	1.74	2.17	1.19
Accounts Payable Turnover	5.36	2.01	3.44	6.95	40.12	9.80	5.83	9.56	12.84	12.44	13.65
Days Sales Outstanding (DSO)	63.50	51.28	59.00	63.87	29.48	29.65	28.37	28.58	24.82	27.87	28.32
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	33.10	51.82	48.44	40.45	43.88	44.65
Days Payable Outstanding (DPO)	68.10	181.79	105.96	52.52	9.10	37.26	62.65	38.16	28.42	29.33	26.75
Cash Conversion Cycle (CCC)	-4.60	-130.51	-46.96	11.35	20.38	25.50	17.54	38.86	36.85	42.42	46.22
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	951	1,858	1,700	2,007	1,950	1,806	2,301	2,034	1,298	2,060	1,140
Invested Capital Turnover	0.26	0.38	0.31	0.23	0.39	0.50	0.43	0.25	0.71	0.88	0.77
Increase / (Decrease) in Invested Capital	-35	907	-158	306	-56	-144	495	-267	-736	762	-920
Enterprise Value (EV)	791	1,571	1,063	1,203	1,236	1,620	462	615	746	1,200	794
Market Capitalization	318	591	295	200	229	741	341	339	947	1,608	1,348
Book Value per Share	$5.72	$7.83	$5.98	$6.32	$3.53	$3.69	$32.06	$24.85	$31.67	$45.67	$51.52
Tangible Book Value per Share	$5.72	$7.57	$5.81	$6.18	$3.46	$3.67	$32.04	$24.86	$31.56	$45.73	$51.44
Total Capital	1,187	2,042	1,866	2,108	2,037	1,989	1,332	1,184	1,070	1,550	1,757
Total Debt	709	1,165	933	1,101	1,090	999	253	345	0.00	0.00	0.00
Total Long-Term Debt	661	991	762	927	984	906	232	305	0.00	0.00	0.00
Net Debt	472	981	767	1,003	1,007	879	121	276	-200	-408	-554
Capital Expenditures (CapEx)	-152	225	-18	-47	5.83	12	16	21	15	10	75
Debt-free, Cash-free Net Working Capital (DFCFNWC)	61	67	78	41	77	143	-31	76	105	107	78
Debt-free Net Working Capital (DFNWC)	224	164	173	114	134	235	69	129	289	499	616
Net Working Capital (NWC)	176	-9.84	2.04	-60	28	142	48	88	289	499	616
Net Nonoperating Expense (NNE)	1.52	10	18	59	58	42	43	107	26	14	-24
Net Nonoperating Obligations (NNO)	472	981	767	1,000	1,004	817	1,222	1,196	228	510	-617
Total Depreciation and Amortization (D&A)	53	74	104	100	119	124	117	106	99	98	94
Debt-free, Cash-free Net Working Capital to Revenue	24.35%	12.52%	14.19%	9.49%	9.92%	15.17%	-3.48%	14.02%	8.92%	7.25%	6.34%
Debt-free Net Working Capital to Revenue	89.46%	30.71%	31.43%	26.43%	17.27%	24.91%	7.80%	23.75%	24.56%	33.86%	50.10%
Net Working Capital to Revenue	70.58%	-1.84%	0.37%	-13.92%	3.58%	14.99%	5.45%	16.28%	24.56%	33.86%	50.10%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.36	$10.88	$3.20	($2.48)	($1.60)	$1.23	$2.59	($7.16)	$6.74	$15.04	$11.73
Adjusted Weighted Average Basic Shares Outstanding	10.74M	16.27M	19.54M	23.40M	33.56M	33.62M	33.72M	33.86M	34.00M	34.16M	34.41M
Adjusted Diluted Earnings per Share	$5.28	$10.80	$3.20	($2.48)	($1.60)	$1.23	$2.57	($7.16)	$6.68	$14.86	$11.63
Adjusted Weighted Average Diluted Shares Outstanding	10.78M	16.34M	19.57M	23.40M	33.56M	33.73M	33.92M	33.86M	34.29M	34.57M	34.71M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	14.01M	19.50M	19.91M	33.53M	33.57M	33.65M	33.74M	33.79M	33.94M	34.09M	34.36M
Normalized Net Operating Profit after Tax (NOPAT)	36	140	104	10	5.76	87	196	-71	262	525	347
Normalized NOPAT Margin	14.59%	26.15%	18.95%	2.34%	0.74%	9.23%	22.12%	-13.13%	22.27%	35.64%	28.25%
Pre Tax Income Margin	22.12%	32.19%	12.29%	-12.22%	-5.56%	6.51%	10.67%	-45.04%	20.18%	36.13%	32.87%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.03	10.89	3.27	0.10	0.23	1.89	2.71	-5.57	7.60	19.70	51.49
NOPAT to Interest Expense	6.80	11.14	2.89	0.03	0.09	1.28	2.54	-3.88	7.31	19.26	50.82
EBIT Less CapEx to Interest Expense	23.67	-2.06	3.88	1.61	0.13	1.71	2.40	-6.19	7.17	19.33	41.40
NOPAT Less CapEx to Interest Expense	23.44	-1.81	3.50	1.55	-0.01	1.10	2.23	-4.49	6.88	18.90	40.74
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	16.79%	8.24%	91.19%	-35.64%	-15.32%	0.00%	0.00%	0.00%	0.00%	12.48%	26.71%
Augmented Payout Ratio	16.79%	8.24%	91.19%	-35.64%	-15.32%	0.00%	0.00%	0.00%	0.00%	12.48%	26.71%

No quarterly metrics and ratios for Teekay Tankers are available.

Frequently Asked Questions About Teekay Tankers' Financials

When does Teekay Tankers's financial year end?

According to the most recent income statement we have on file, Teekay Tankers' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Teekay Tankers' net income changed over the last 10 years?

Teekay Tankers' net income appears to be on an upward trend, with a most recent value of $403.67 million in 2024, rising from $60.54 million in 2014. The previous period was $519.89 million in 2023.

What is Teekay Tankers's operating income?

Teekay Tankers's total operating income in 2024 was $380.14 million, based on the following breakdown:

Total Gross Profit: $823.79 million
Total Operating Expenses: $443.65 million

How has Teekay Tankers revenue changed over the last 10 years?

Over the last 10 years, Teekay Tankers' total revenue changed from $250.00 million in 2014 to $1.23 billion in 2024, a change of 391.7%.

How much debt does Teekay Tankers have?

Teekay Tankers' total liabilities were at $217.42 million at the end of 2024, a 44.5% decrease from 2023, and a 71.5% decrease since 2014.

How much cash does Teekay Tankers have?

In the past 10 years, Teekay Tankers' cash and equivalents has ranged from $50.57 million in 2021 to $511.89 million in 2024, and is currently $511.89 million as of their latest financial filing in 2024.

How has Teekay Tankers' book value per share changed over the last 10 years?

Over the last 10 years, Teekay Tankers' book value per share changed from 5.72 in 2014 to 51.52 in 2024, a change of 800.5%.

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This page (NYSE:TNK) was last updated on 4/18/2025 by MarketBeat.com Staff

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Teekay Tankers (TNK) Financials

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Teekay Tankers (TNK) Financials

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