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TNK logoTeekay Tankers Ltd. (TNK) Earnings History

Annual and quarterly earnings data from 2005 to 2025

TTM Net Income
$351M
Profitable
TTM EPS
$10.13
Diluted
YoY EPS Growth
-13.0%
Declining
Net Margin
36.9%
Profitability
Operating Margin22.6%
Gross Margin27.5%
ROE18.5%
ROA16.7%
Highest Annual Net Income$520M (2023)
Highest Quarterly EPS$7.12 (Q2 2008)
Consecutive Profitable Years4 years
Q4 2025
Net Income$120M
EPS$3.46
QoQ Growth+30.8%Excellent

Loading earnings history...

TNK EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-13.0%
Declining
3-Year
+14.8%
Strong
5-Year
+31.5%
Excellent
10-Year
+0.1%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

TNK Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202527.5%22.6%36.9%
202432.1%30.9%32.8%
202339.5%37.1%35.3%
202226.0%22.4%20.0%
2021-10.7%-35.8%-44.7%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Teekay Tankers Ltd. (TNK) Earnings Overview

As of May 8, 2026, Teekay Tankers Ltd. (TNK) reported trailing twelve-month net income of $351M, reflecting -13.0% year-over-year growth. The company earned $10.13 per diluted share over the past four quarters, with a net profit margin of 36.9%.

Looking at the long-term picture, TNK's 5-year EPS compound annual growth rate (CAGR) stands at +31.5%, indicating exceptional earnings growth. The company achieved its highest annual net income of $520M in fiscal 2023.

Teekay Tankers Ltd. maintains industry-leading profitability with a gross margin of 27.5%, operating margin of 22.6%, and net margin of 36.9%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including FRO ($218M net income, 24.2% margin), INSW ($546M net income, 36.7% margin), DHT ($331M net income, 42.5% margin), TNK has outperformed on profitability metrics. Compare TNK vs FRO →

TNK Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
TNK logoTNKCurrent
$351M$10.1336.9%18.5%-13.0%—
FRO logoFRO
$218M$0.9824.2%21.5%-24.4%
INSW logoINSW
$546M$10.9836.7%16.0%-25.7%
DHT logoDHT
$331M$2.0642.5%19.4%+17.0%
STNG logoSTNG
$502M$10.0436.7%11.4%-46.5%
NAT logoNAT
$2M$0.0113.3%8.9%-53.2%
Best in group
Lowest in group

TNK Historical Earnings Data (2005–2025)

21 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$351M-13.0%$215M$10.1036.9%22.6%
2024$404M-22.4%$380M$11.6132.8%30.9%
2023$520M+120.8%$547M$15.0435.3%37.1%
2022$235M+197.1%$264M$6.6820.0%22.4%
2021-$242M-377.6%-$194M$-7.16-44.7%-35.8%
2020$87M+111.1%$142M$2.579.9%16.0%
2019$41M+178.7%$124M$0.634.4%13.1%
2018-$53M+9.4%$7M$-1.57-7.0%1.0%
2017-$58M-192.3%$1M$-2.48-13.5%0.3%
2016$63M-65.0%$86M$3.2011.9%16.4%

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Is TNK Undervalued?

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Compare TNK vs SOC

Side-by-side business, growth, and profitability comparison vs Sable Offshore Corp..

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TNK — Frequently Asked Questions

Quick answers to the most common questions about buying TNK stock.

Is TNK growing earnings?

TNK EPS fell to $10.13, with earnings declining -13.0%. This contrasts with the 5-year CAGR of +31.5%. TTM net income dropped to $351M.

What are TNK's profit margins?

Teekay Tankers Ltd. net margin is +36.9%, with operating margin at +22.6%. Above-average margins indicate pricing power.

How consistent are TNK's earnings?

TNK earnings data spans 2005-2025. The declining earnings trend is -13.0% YoY. Historical data enables comparison across business cycles.

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TNK Earnings Over Time (2014–2025)

Net income and EPS trends