Teekay Tankers Ltd. (TNK) — Financial statements
Income statement, balance sheet, and cash flow for Teekay Tankers Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 952↓22.6% | 1,229↓16.6% | 1,474↑25.1% | 1,178↑117.2% | 542 | |
| Cost of Revenue | 690↓17.3% | 835↓6.4% | 892↑2.3% | 872↑45.2% | 600 | |
| Gross Profit | 262↓33.7% | 394↓32.2% | 582↑90.1% | 306↑627.4% | -58 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 47↑6.7% | 44↑6.2% | 41↓6.0% | 44 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 47↓0.1% | 47↑6.7% | 44↑6.2% | 41↓6.0% | 44 | |
| Other Expenses | 0.00↑100.0% | -32↓270.3% | -9↓947.5% | 1↓98.9% | 92 | |
| Operating Expenses | 47↑229.0% | 14↓59.4% | 35↓17.2% | 42↓69.0% | 136 | |
| Total Costs & Expenses | 737↓13.2% | 849↓8.4% | 927↑1.4% | 914↑24.1% | 736 | |
| Operating Results | ||||||
| Operating Income | 215↓43.4% | 380↓30.5% | 547↑107.2% | 264↑235.9% | -194 | |
| Depreciation & Amortization | 87↓7.4% | 94↓4.1% | 98↓1.5% | 99↓6.6% | 106 | |
| EBITDA | 302↓40.3% | 505↓23.2% | 658↑76.6% | 372↑460.9% | -103 | |
| EBIT | 215↓47.8% | 412↓26.5% | 560↑104.9% | 273↑230.7% | -209 | |
| Interest & Other Income | ||||||
| Net Interest Income | 27↑61.4% | 17↑199.1% | -17↑51.3% | -34↑1.5% | -35 | |
| Interest Income | 30↑23.3% | 24↑119.8% | 11↑718.5% | 1↑996.7% | 0.12 | |
| Interest Expense | 3↓61.2% | 7↓73.0% | 28↓22.5% | 36↑2.0% | 35 | |
| Non-Operating Income | 0.00↑100.0% | -31↓133.8% | -13↓40.0% | -10↓163.2% | 15 | |
| Other Income / Expenses | 132↑452.7% | 24↑267.5% | -14↑45.4% | -26↑47.9% | -50 | |
| Income Before Tax | 347↓14.1% | 404↓24.1% | 532↑124.0% | 238↑197.3% | -244 | |
| Income Tax Expense | -4↓1068.9% | 0.41↓96.8% | 13↑463.1% | 2↑215.8% | -2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 351↓13.0% | 404↓22.4% | 520↑120.8% | 235↑197.1% | -242 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 351↓13.0% | 404↓22.4% | 520↑120.8% | 235↑197.1% | -242 | |
| Bottom-Line Net Income | 351↓13.0% | 404↓22.4% | 520↑120.8% | 235↑197.1% | -242 | |
| EPS (Basic) | 10.15↓13.2% | 11.70↓23.1% | 15.22↑125.8% | 6.74↑194.0% | -7.17 | |
| EPS (Diluted) | 10.10↓13.0% | 11.61↓22.8% | 15.04↑125.1% | 6.68↑193.3% | -7.16 | |
| Weighted Average Shares | 35↑0.6% | 34↑0.7% | 34↑0.5% | 34↑0.6% | 34 | |
| Weighted Average Diluted Shares | 35↑0.2% | 35↑0.4% | 35↑0.8% | 34↑1.3% | 34 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.