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Teekay Tankers (TNK) USD

At a glance: strengths & risks
Revenue growing (+63% y/y, Q2 2026)Profit growing (+271% y/y, Q2 2026)Margins improving (27%→55%, Q2 2026)Net cash balance sheetPricier than own history (EV/EBITDA 5.8 vs avg 2.4)

Sector: Crude tankers

COMM_TNK

Price chart

99.35 USDDay 1.12%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
99.35 USD · 1.12%
Market cap
3.5 bn USD

Growth

Δ revenue y/y
-22.6%
Δ EBITDA y/y
-16.5%

Multiples

P/E (LTM)
7.8x
3y avg: 4.0x
P/B (FY)
2.2x
P/E (ann.)
3.7x
EV/EBITDA (LTM)
5.8x
3y avg: 2.4x
EV/EBITDA (ann.)
2.7x

Cash return

Dividend yield
1.8%
FCF yield (LTM)
16.4%

Value creation

fundamental value/yr, % of market cap
Value created / year

Liquidity

Daily turnover (listing)
19.2 mln USD

Shares: yahoo_fundamentals_timeseries/TNK

Financial results

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2025-12-31FY 2025 (12M)OK951.8
y/y -22.6%
309.1
y/y -18.7%
86.6
y/y -7.4%
395.7
y/y -16.5%
351.2
y/y -13.0%
305.9-190.32241.7
y/y 13.6%
2043.6
y/y 16.3%
18.5%-792.4Link
2024-12-31FY 2024 (12M)OK1229.3
y/y -16.6%
380.1
y/y -30.5%
93.6
y/y -4.1%
473.7
y/y -26.5%
403.7
y/y -22.4%
471.9-70.51974.0
y/y 1.7%
1756.5
y/y 13.3%
24.4%-458.3Link
2023-12-31FY 2023 (12M)OK1473.7
y/y
546.8
y/y
97.6
y/y
644.3
y/y
519.9
y/y
631.20.01941.7
y/y
1550.2
y/y
-175.6Link

Net debt structure (leases included, IFRS 16) 2025-12-31

Short-term debt (incl. ST leases)21
Long-term debt (incl. LT leases)17
− Cash & equivalents831
Net debt-792

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

05001 0001 5002023 FY2024 FY2025 FY

Year-over-year change

-30%-20%-10%0%2023 FY2024 FY2025 FY

Cash flow

FCF ($ mln)

02004006002023 FY2024 FY2025 FY

Net debt / cash ($ mln)

-800-600-400-20002023 FY2024 FY2025 FY

Research & reviews

Our earnings breakdowns and investment notes on this issuer.

All research →

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: -9.7%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X
= —
-78
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (3 455 + -792) ÷ 396
6.7x
3. Target multiple
(Current EV/EBITDA + 12) ÷ 2
= (6.7 + 12) ÷ 2
9.4x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= 334 + 69 + 0 − 0
403
4b. Share dilution (at market, LTM)
Share-count growth over the year × Market cap
= 0.2% × 3 455
−7
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (-78 × 9.4 + 403 − 7) ÷ 3 455
-9.7%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

  • FY-over-FY EBITDA growth (no interim signal): FY2025 vs FY2024
  • cash flow = net-debt reduction + dividends + buybacks (balance method)
  • share-count dilution 0.2%/yr (valued at market: -7)

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-08-100.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2026-05-261.25 USDEx-dividend: 1.25 USD per sharePaidYahoo Finance (ex-div)
2026-03-020.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2025-08-110.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2025-05-191.25 USDEx-dividend: 1.25 USD per sharePaidYahoo Finance (ex-div)
2025-03-030.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2024-11-120.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2024-08-120.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2024-05-202.25 USDEx-dividend: 2.25 USD per sharePaidYahoo Finance (ex-div)
2024-03-010.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2023-11-130.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2023-08-110.25 USDEx-dividend: 0.25 USD per sharePaidYahoo Finance (ex-div)
2023-05-191.25 USDEx-dividend: 1.25 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Teekay Tankers (TNK) — from primary filings.

Frequently asked questions

What is Teekay Tankers (TNK)'s P/E ratio?
Teekay Tankers (TNK) trades at a P/E of 7.8x (price to trailing 12-month earnings).
What is Teekay Tankers (TNK)'s EV/EBITDA?
Teekay Tankers (TNK) trades at 5.8x EV/EBITDA.
What is Teekay Tankers (TNK)'s P/B ratio?
Teekay Tankers (TNK) trades at a P/B of 2.2x.
What is Teekay Tankers (TNK)'s dividend yield?
Teekay Tankers (TNK)'s trailing 12-month dividend yield is 1.8%.
What is Teekay Tankers (TNK)'s return on equity (ROE)?
Teekay Tankers (TNK)'s ROE is 18.5%.
What is Teekay Tankers (TNK)'s market capitalization?
Teekay Tankers (TNK)'s market cap is 3.5 bn USD.

See also: The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map