Teekay Tankers Ltd. (LON:0EAQ)

Teekay Tankers Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	856	1,093	1,353	1,054	532.06	869.4
Other Revenue	141.29	136.46	121.06	123.96	10.31	17.03
Revenue	997.29	1,229	1,474	1,178	542.37	886.43
Revenue Growth (YoY)	-27.38%	-16.58%	25.11%	117.19%	-38.81%	-6.09%
Cost of Revenue	670.1	741.46	794.48	772.95	494.3	517.8
Gross Profit	327.19	487.88	679.22	405	48.07	368.64
Selling, General & Admin	44.43	46.6	46.27	41.11	43.72	39.01
Operating Expenses	136.51	140.19	143.82	140.15	149.8	156.22
Operating Income	190.69	347.7	535.4	264.86	-101.73	212.42
Interest Expense	-3.18	-7.47	-27.25	-32.06	-33.89	-52.59
Interest & Investment Income	25.75	24.08	10.95	1.46	0.12	1.2
Earnings From Equity Investments	1.38	2.77	3.43	0.24	-14.11	5.1
Currency Exchange Gain (Loss)	2.84	2.84	2.81	5.6	0.3	-0.73
Other Non Operating Income (Expenses)	-5.36	0.32	-3.33	0.4	-2.63	0.05
EBT Excluding Unusual Items	212.12	370.22	522.02	240.5	-151.94	165.44
Merger & Restructuring Charges	-11.2	-5.63	-1.6	-9.92	-	-1.4
Gain (Loss) on Sale of Investments	1.4	1.4	-	-	-	-
Gain (Loss) on Sale of Assets	38.08	38.08	10.36	9.39	-2.1	0.5
Asset Writedown	40.46	-	-	-2.3	-90.27	-69.95
Legal Settlements	-	-	1.7	-	-	-
Pretax Income	280.86	404.07	532.48	237.66	-244.3	94.6
Income Tax Expense	-1.44	0.41	12.59	2.24	-1.93	7.28
Net Income	282.3	403.67	519.89	235.43	-242.37	87.32
Net Income to Common	282.3	403.67	519.89	235.43	-242.37	87.32
Net Income Growth	-37.97%	-22.36%	120.83%	-	-	111.10%
Shares Outstanding (Basic)	35	34	34	34	34	34
Shares Outstanding (Diluted)	35	35	35	34	34	34
Shares Change (YoY)	0.24%	0.40%	0.82%	1.26%	-0.18%	0.56%
EPS (Basic)	8.18	11.73	15.22	6.92	-7.16	2.59
EPS (Diluted)	8.13	11.63	15.04	6.87	-7.16	2.57
EPS Growth	-38.12%	-22.67%	118.92%	-	-	108.94%
Free Cash Flow	188.19	396.57	621.05	184.26	-128.76	331.92
Free Cash Flow Per Share	5.42	11.43	17.97	5.37	-3.80	9.79
Dividend Per Share	2.000	3.000	1.000	-	-	-
Dividend Growth	100.00%	200.00%	-	-	-	-
Gross Margin	32.81%	39.69%	46.09%	34.38%	8.86%	41.59%
Operating Margin	19.12%	28.28%	36.33%	22.48%	-18.76%	23.96%
Profit Margin	28.31%	32.84%	35.28%	19.99%	-44.69%	9.85%
Free Cash Flow Margin	18.87%	32.26%	42.14%	15.64%	-23.74%	37.44%
EBITDA	259.58	418.1	607.71	337.22	-22.77	301.78
EBITDA Margin	26.03%	34.01%	41.24%	28.63%	-4.20%	34.04%
D&A For EBITDA	68.89	70.4	72.31	72.37	78.96	89.36
EBIT	190.69	347.7	535.4	264.86	-101.73	212.42
EBIT Margin	19.12%	28.28%	36.33%	22.48%	-18.76%	23.96%
Effective Tax Rate	-	0.10%	2.37%	0.94%	-	7.70%
Revenue as Reported	997.29	1,229	1,474	1,178	542.37	886.43

Source: S&P Global Market Intelligence. Standard template. Financial Sources.