Last 48 quarters of trend data · Energy · Oil & Gas Midstream
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Teekay Tankers Ltd.'s quarterly P/E stands at 4.2x, down 4.6% year-over-year. EV/EBITDA has expanded 75.9% YoY to 3.2x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 7.37 | 4.17 | 3.86 | 4.79 | 5.79 | 4.37 | 4.20 | 8.62 | 5.38 | 3.40 | 3.87 | 4.43 | 2.18 |
| — | -4.6% | -8.0% | -44.4% | +7.8% | +28.6% | +8.5% | +94.6% | +146.4% | +55.0% | +113.4% | +27.4% | -58.9% | |
| P/S Ratio | 2.71 | 2.24 | 1.79 | 1.92 | 1.56 | 1.43 | 0.98 | 2.08 | 1.82 | 1.37 | 1.38 | 1.26 | 0.89 |
| — | +56.2% | +82.4% | -7.6% | -14.4% | +4.2% | -28.8% | +65.3% | +104.2% | +46.3% | +90.8% | +48.6% | +43.2% | |
| P/B Ratio | 1.27 | 1.17 | 0.91 | 0.91 | 0.78 | 0.73 | 0.79 | 1.16 | 1.41 | 1.22 | 1.12 | 1.01 | 0.98 |
| — | +60.7% | +15.3% | -21.4% | -44.3% | -40.2% | -29.5% | +14.6% | +43.8% | +1.7% | +12.3% | -1.3% | +38.6% | |
| P/FCF | 22.90 | 8.35 | 4.64 | — | 24.08 | 6.50 | 3.96 | 11.46 | 4.24 | 3.79 | 3.36 | 2.88 | 1.65 |
| — | +28.4% | +17.2% | — | +468.3% | +71.6% | +17.8% | +297.5% | +157.5% | +70.5% | +78.4% | -48.6% | -85.6% | |
| EV / EBITDA | 5.98 | 3.18 | 2.44 | 4.03 | 2.79 | 1.81 | 2.10 | 5.32 | 3.92 | 2.56 | 3.07 | 3.40 | 1.96 |
| — | +75.9% | +16.3% | -24.3% | -28.6% | -29.5% | -31.5% | +56.6% | +100.0% | +19.5% | +50.5% | -14.6% | -60.8% | |
| EV / EBIT | 8.39 | 3.74 | 3.04 | 2.87 | 3.37 | 2.31 | 2.40 | 6.84 | 4.37 | 2.85 | 3.81 | 4.23 | 2.18 |
| — | +61.9% | +26.5% | -58.1% | -22.8% | -18.9% | -36.9% | +61.7% | +100.4% | +18.1% | +62.6% | -8.9% | -72.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Teekay Tankers Ltd.'s operating margin was 43.7% in Q1 2026, up 9.4 pp QoQ and up 11.6 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 30.2% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 138.5% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.5% | 47.3% | 38.6% | 23.9% | 26.3% | 19.8% | 19.2% | 28.5% | 36.7% | 39.6% | 36.2% | 32.3% | 46.3% |
| — | +138.5% | +101.2% | -16.2% | -28.4% | -49.9% | -46.9% | -11.8% | -20.8% | -20.0% | -30.4% | +17.3% | +153.1% | |
| Operating Margin | 22.6% | 43.7% | 34.3% | 19.0% | 23.6% | 32.1% | 24.6% | 21.6% | 32.6% | 39.3% | 32.7% | 28.5% | 43.1% |
| — | +36.0% | +39.6% | -11.9% | -27.5% | -18.2% | -24.9% | -24.4% | -24.4% | -14.8% | -22.1% | +18.6% | +213.0% | |
| Net Margin | 36.9% | 53.7% | 46.6% | 40.2% | 26.9% | 32.8% | 26.5% | 24.2% | 33.9% | 40.4% | 35.7% | 28.5% | 40.8% |
| — | +63.5% | +75.9% | +66.3% | -20.6% | -18.8% | -25.6% | -15.1% | -17.0% | -5.8% | -10.6% | +16.9% | +246.5% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 18.5% | 7.3% | 6.1% | 4.9% | 3.4% | 4.2% | 5.3% | 3.4% | 6.6% | 9.3% | 7.5% | 5.9% | 11.7% |
| — | +70.8% | +14.0% | +42.6% | -48.4% | -54.1% | -29.2% | -41.8% | -43.4% | -36.8% | -48.9% | -23.3% | +243.5% | |
| ROA | 16.7% | 6.6% | 5.5% | 4.4% | 3.1% | 3.8% | 4.8% | 3.1% | 6.0% | 7.9% | 6.0% | 4.6% | 8.4% |
| — | +74.3% | +15.6% | +42.5% | -48.6% | -51.6% | -20.4% | -32.4% | -28.6% | -15.9% | -29.8% | +9.7% | +369.8% | |
| ROIC | 12.5% | 6.8% | 5.4% | 2.7% | 3.4% | 4.4% | 4.9% | 2.9% | 6.0% | 7.9% | 5.5% | 4.2% | 8.0% |
| — | +52.3% | +9.5% | -9.9% | -43.4% | -43.8% | -10.6% | -30.2% | -25.6% | -13.4% | -31.4% | +19.6% | +356.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Teekay Tankers Ltd.'s Debt/EBITDA ratio is 0.2x, down from 0.5x last quarter — comfortably within a safe range. The current ratio has improved 16.8% YoY to 9.40x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.03 | 0.02 | 0.03 | 0.02 | 0.03 | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 | 0.14 | 0.16 | 0.22 |
| — | -49.1% | -23.8% | -27.5% | -28.5% | -25.1% | -75.5% | -81.0% | -83.1% | -89.1% | -73.1% | -74.4% | -70.1% | |
| Debt / EBITDA | 0.18 | 0.22 | 0.50 | 0.67 | 0.65 | 0.55 | 0.56 | 0.71 | 0.49 | 0.39 | 1.77 | 2.18 | 1.63 |
| — | -59.5% | -10.8% | -5.5% | +32.6% | +41.1% | -68.2% | -67.4% | -69.7% | -82.1% | -45.2% | -66.0% | -85.0% | |
| Current Ratio | 7.98 | 9.40 | 7.98 | 8.78 | 7.86 | 8.05 | 5.66 | 6.80 | 6.52 | 6.58 | 3.97 | 3.58 | 3.09 |
| — | +16.8% | +40.9% | +29.2% | +20.5% | +22.4% | +42.7% | +90.0% | +111.4% | +135.8% | +47.0% | +96.2% | +89.4% | |
| Quick Ratio | 7.76 | 9.19 | 7.76 | 8.47 | 7.61 | 7.72 | 5.32 | 6.35 | 6.05 | 6.02 | 3.65 | 3.18 | 2.70 |
| — | +18.9% | +46.0% | +33.4% | +25.7% | +28.2% | +45.5% | +99.6% | +124.4% | +148.8% | +55.9% | +120.0% | +127.3% | |
| Interest Coverage | 74.24 | 255.66 | 159.04 | 114.75 | 81.03 | 98.75 | 120.89 | 71.59 | 118.39 | 31.01 | 24.77 | 13.24 | 27.98 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying TNK stock.
Teekay Tankers Ltd.'s current P/E is 7.4x. The average P/E over the last 4 quarters is 4.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Teekay Tankers Ltd.'s current operating margin is 22.6%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Teekay Tankers Ltd.'s business trajectory between earnings reports.