Teekay Tankers Ltd. (TNK)

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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	807.4	1,093	1,353	1,054	532.06	869.4
Other Revenue	144.48	136.46	121.06	123.96	10.31	17.03
Revenue	951.88	1,229	1,474	1,178	542.37	886.43
Revenue Growth (YoY)	-31.69%	-16.58%	25.11%	117.19%	-38.81%	-6.09%
Cost of Revenue	644.44	741.46	794.48	772.95	494.3	517.8
Gross Profit	307.44	487.88	679.22	405	48.07	368.64
Selling, General & Admin	45.1	46.6	46.27	41.11	43.72	39.01
Operating Expenses	134.66	140.19	143.82	140.15	149.8	156.22
Operating Income	172.78	347.7	535.4	264.86	-101.73	212.42
Interest Expense	-3.14	-7.47	-27.25	-32.06	-33.89	-52.59
Interest & Investment Income	27.18	24.08	10.95	1.46	0.12	1.2
Earnings From Equity Investments	10.23	2.77	3.43	0.24	-14.11	5.1
Currency Exchange Gain (Loss)	1.4	2.84	2.81	5.6	0.3	-0.73
Other Non Operating Income (Expenses)	-1.18	0.32	-3.33	0.4	-2.63	0.05
EBT Excluding Unusual Items	207.29	370.22	522.02	240.5	-151.94	165.44
Merger & Restructuring Charges	-5.57	-5.63	-1.6	-9.92	-	-1.4
Gain (Loss) on Sale of Investments	1.07	1.4	-	-	-	-
Gain (Loss) on Sale of Assets	105.23	38.08	10.36	9.39	-2.1	0.5
Asset Writedown	-0.8	-	-	-2.3	-90.27	-69.95
Legal Settlements	-	-	1.7	-	-	-
Pretax Income	308.62	404.07	532.48	237.66	-244.3	94.6
Income Tax Expense	-4.23	0.41	12.59	2.24	-1.93	7.28
Net Income	312.85	403.67	519.89	235.43	-242.37	87.32
Net Income to Common	312.85	403.67	519.89	235.43	-242.37	87.32
Net Income Growth	-28.81%	-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)	0.15%	0.40%	0.82%	1.26%	-0.18%	0.56%
EPS (Basic)	9.05	11.73	15.22	6.92	-7.16	2.59
EPS (Diluted)	9.01	11.63	15.04	6.87	-7.16	2.57
EPS Growth	-28.89%	-22.67%	118.92%	-	-	108.94%
Free Cash Flow	90.24	396.57	621.05	184.26	-128.76	331.92
Free Cash Flow Per Share	2.60	11.43	17.97	5.37	-3.80	9.79
Dividend Per Share	3.000	3.000	1.000	-	-	-
Dividend Growth	200.00%	200.00%	-	-	-	-
Gross Margin	32.30%	39.69%	46.09%	34.38%	8.86%	41.59%
Operating Margin	18.15%	28.28%	36.33%	22.48%	-18.76%	23.96%
Profit Margin	32.87%	32.84%	35.28%	19.99%	-44.69%	9.85%
Free Cash Flow Margin	9.48%	32.26%	42.14%	15.64%	-23.74%	37.44%
EBITDA	239.16	418.1	607.71	337.22	-22.77	301.78
EBITDA Margin	25.12%	34.01%	41.24%	28.63%	-4.20%	34.04%
D&A For EBITDA	66.38	70.4	72.31	72.37	78.96	89.36
EBIT	172.78	347.7	535.4	264.86	-101.73	212.42
EBIT Margin	18.15%	28.28%	36.33%	22.48%	-18.76%	23.96%
Effective Tax Rate	-	0.10%	2.37%	0.94%	-	7.70%
Revenue as Reported	951.88	1,229	1,474	1,178	542.37	886.43

Updated Oct 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q