Teekay Tankers Ltd. (TNK)

Teekay Tankers Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,308	1,364	1,063	542.37	886.43	943.92
Revenue Growth (YoY)	1.90%	28.35%	96.01%	-38.81%	-6.09%	21.56%
Cost of Revenue	692.4	694.17	673.43	494.3	517.8	654.08
Gross Profit	615.74	670.29	389.69	48.07	368.64	289.83
Selling, General & Admin	47.51	45.94	41.77	43.72	39.01	36.4
Other Operating Expenses	75.73	88.44	91.97	198.45	188.06	128.85
Operating Expenses	123.24	134.38	133.74	242.17	227.06	165.26
Operating Income	492.5	535.91	255.95	-194.1	141.57	124.58
Interest Expense / Income	21.35	27.71	35.74	35.03	51.53	65.36
Other Expense / Income	-20.8	-14.96	-9.41	15.18	-4.55	-2.25
Pretax Income	491.95	523.16	229.62	-244.3	94.6	61.47
Income Tax	2.88	9.49	0.53	-1.93	7.28	20.1
Net Income	489.07	513.67	229.09	-242.37	87.32	41.36
Net Income Growth	18.59%	124.23%	-	-	111.10%	-
Shares Outstanding (Basic)	34	34	34	34	34	34
Shares Outstanding (Diluted)	35	35	34	34	34	34
Shares Change	0.32%	0.82%	1.26%	-0.18%	0.56%	0.51%
EPS (Basic)	14.31	15.04	6.74	-7.16	2.59	1.23
EPS (Diluted)	14.14	14.86	6.68	-7.16	2.57	1.23
EPS Growth	18.13%	122.46%	-	-	108.94%	-
Free Cash Flow	601.51	615.87	177.84	-128.76	331.92	106.03
Free Cash Flow Per Share	17.56	18.03	5.23	-3.80	9.84	3.15
Dividend Per Share	2.000	1.750	-	-	-	-
Gross Margin	47.07%	49.12%	36.66%	8.86%	41.59%	30.71%
Operating Margin	37.65%	39.28%	24.08%	-35.79%	15.97%	13.20%
Profit Margin	37.39%	37.65%	21.55%	-44.69%	9.85%	4.38%
Free Cash Flow Margin	45.98%	45.14%	16.73%	-23.74%	37.44%	11.23%
Effective Tax Rate	0.58%	1.81%	0.23%	-	7.70%	32.71%
EBITDA	610.2	648.42	364.39	-103.19	263.34	250.83
EBITDA Margin	46.65%	47.52%	34.28%	-19.03%	29.71%	26.57%
Depreciation & Amortization	96.89	97.55	99.03	106.08	117.21	124
EBIT	513.31	550.87	265.36	-209.27	146.13	126.83
EBIT Margin	39.24%	40.37%	24.96%	-38.58%	16.48%	13.44%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).