Teekay Tankers Ltd.

Teekay Tankers Ltd.verified

TNK

Price:

$41.73

Market Cap:

$1.43B

Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides tanker commercial and technical management services. As of December 31, 2021, the company owned and leased 48 double-hull oil tankers, time-chartered in two Aframax tankers, and one LR2 tanker. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Canada.[Read more]

Industry

Oil & Gas Midstream

IPO Date

2007-12-13

Stock Exchange

NYSE

Ticker

TNK

The ROE as of November 2024 (TTM) for Teekay Tankers Ltd. (TNK) is 25.47%

According to Teekay Tankers Ltd.’s latest financial reports and current stock price. The company's current ROE is 25.47%. This represents a change of 296.51% compared to the average of 6.42% of the last 4 quarters.

Teekay Tankers Ltd. (TNK) Historical ROE (quarterly & annually)

How has TNK ROE performed in the past?

The mean historical ROE of Teekay Tankers Ltd. over the last ten years is 6.49%. The current 25.47% ROE has changed 292.22% with respect to the historical average. Over the past ten years (40 quarters), TNK's ROE was at its highest in in the December 2022 quarter at 13.68%. The ROE was at its lowest in in the June 2021 quarter at -13.89%.

Quarterly (TTM)
Annual

Average

6.49%

Median

7.46%

Minimum

-28.91%

Maximum

33.67%

Teekay Tankers Ltd. (TNK) ROE by Quarter and Year

Discovering the peaks and valleys of Teekay Tankers Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 276.85%

Maximum Annual ROE = 33.67%

Minimum Annual Increase = -538.61%

Minimum Annual ROE = -28.91%

Quarterly (TTM)
Annual
YearROEChange
202333.67%57.25%
202221.41%-174.06%
2021-28.91%-457.20%
20208.09%276.85%
20192.15%-138.70%
2018-5.55%-3.73%
2017-5.76%-184.43%
20166.83%-66.65%
201520.47%63.27%
201412.54%-538.61%

Teekay Tankers Ltd. (TNK) Average ROE

How has TNK ROE performed in the past?

The current ROE of Teekay Tankers Ltd. (TNK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.72%

5-year avg

7.28%

10-year avg

6.49%

Teekay Tankers Ltd. (TNK) ROE vs. Peers

How is TNK’s ROE compared to its peers?

Teekay Tankers Ltd.’s ROE is less than Scorpio Tankers Inc. (26.04%), less than DHT Holdings, Inc. (15.65%), less than Euronav NV (55.26%), less than Tsakos Energy Navigation Limited (10.58%), less than Teekay Corporation (18.30%),

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