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Teekay Tankers Ltd.

TNKEnergyNASDAQ

Oil & Gas Midstream · Last scanned Jun 1, 2026

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Financials · Annual
Revenue
$951.8M
-22.6% YoY
Net Income
$351.2M
-13.0% YoY
EBITDA
$436.8M
-13.5% YoY
Free Cash Flow
$36.9M

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About Teekay Tankers Ltd.

Teekay Tankers Ltd., together with its subsidiaries, provides marine transportation services to oil industries in Bermuda and internationally. At a $2.44B market cap, Teekay Tankers Ltd. ranks as a mid-cap company within energy. The company operates in two segments: Tankers and Marine Servies.

Key stats
Market Cap$2.44B
P/E (TTM)5.71
Fwd P/E8.71
EPS$12.31
Beta-0.23
52W Change+57.2%
Dividend Yield1.42%
ROE21.4%
Analysis

Teekay Tankers Ltd. holds $996.2M in cash against $43.3M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. The company generates $36.9M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 21.4% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 8.6% suggests reasonable efficiency in deploying the company's asset base. Revenue has pulled back from $1.18B (2022) to $951.8M (2025), a 19% decline worth watching.

TNK's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Teekay Tankers Ltd.'s trajectory.

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