Teekay Tankers Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	808.65	1,093	1,353	1,054	532.06
Other Revenue	143.14	136.46	121.06	123.96	10.31
Revenue	951.8	1,229	1,474	1,178	542.37
Revenue Growth (YoY)	-22.58%	-16.58%	25.11%	117.19%	-38.81%
Cost of Revenue	603.59	741.46	794.48	772.95	494.3
Gross Profit	348.21	487.88	679.22	405	48.07
Selling, General & Admin	46.57	46.6	46.27	41.11	43.72
Operating Expenses	133.2	140.19	143.82	140.15	149.8
Operating Income	215.01	347.7	535.4	264.86	-101.73
Interest Expense	-2.9	-7.47	-27.25	-32.06	-33.89
Interest & Investment Income	29.69	24.08	10.95	1.46	0.12
Earnings From Equity Investments	9.62	2.77	3.43	0.24	-14.11
Currency Exchange Gain (Loss)	-	2.84	2.81	5.6	0.3
Other Non Operating Income (Expenses)	1.75	0.32	-3.33	0.4	-2.63
EBT Excluding Unusual Items	253.17	370.22	522.02	240.5	-151.94
Merger & Restructuring Charges	-5.57	-5.63	-1.6	-9.92	-
Gain (Loss) on Sale of Investments	-	1.4	-	-	-
Gain (Loss) on Sale of Assets	100.46	38.08	10.36	9.39	-2.1
Asset Writedown	-0.8	-	-	-2.3	-90.27
Legal Settlements	-	-	1.7	-	-
Pretax Income	347.26	404.07	532.48	237.66	-244.3
Income Tax Expense	-3.92	0.41	12.59	2.24	-1.93
Net Income	351.19	403.67	519.89	235.43	-242.37
Net Income to Common	351.19	403.67	519.89	235.43	-242.37
Net Income Growth	-13.00%	-22.36%	120.83%	-	-
Shares Outstanding (Basic)	35	34	34	34	34
Shares Outstanding (Diluted)	35	35	35	34	34
Shares Change (YoY)	0.20%	0.40%	0.82%	1.26%	-0.18%
EPS (Basic)	10.15	11.73	15.22	6.92	-7.16
EPS (Diluted)	10.10	11.63	15.04	6.87	-7.16
EPS Growth	-13.16%	-22.67%	118.92%	-	-
Free Cash Flow	112.64	396.57	621.05	184.26	-128.76
Free Cash Flow Per Share	3.24	11.43	17.97	5.37	-3.80
Dividend Per Share	1.000	3.000	1.000	-	-
Dividend Growth	-66.67%	200.00%	-	-	-
Gross Margin	36.58%	39.69%	46.09%	34.38%	8.86%
Operating Margin	22.59%	28.28%	36.33%	22.48%	-18.76%
Profit Margin	36.90%	32.84%	35.28%	19.99%	-44.69%
Free Cash Flow Margin	11.83%	32.26%	42.14%	15.64%	-23.74%
EBITDA	301.64	418.1	607.71	337.22	-22.77
EBITDA Margin	31.69%	34.01%	41.24%	28.63%	-4.20%
D&A For EBITDA	86.63	70.4	72.31	72.37	78.96
EBIT	215.01	347.7	535.4	264.86	-101.73
EBIT Margin	22.59%	28.28%	36.33%	22.48%	-18.76%
Effective Tax Rate	-	0.10%	2.37%	0.94%	-
Revenue as Reported	951.8	1,229	1,474	1,178	542.37

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q