Teekay Tankers (TNK) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.2B
Gross Profit
394.3M
32.07%
Operating Income
347.7M
28.28%
Net Income
403.7M
32.84%
EPS (Diluted)
$11.63
Balance Sheet Metrics
Total Assets
2.0B
Total Liabilities
217.4M
Shareholders Equity
1.8B
Debt to Equity
0.12
Cash Flow Metrics
Operating Cash Flow
510.4M
Free Cash Flow
396.6M
Revenue & Profitability Trend
Teekay Tankers Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.2B | 1.4B | 1.1B | 542.4M | 886.4M |
| Cost of Goods Sold | 835.0M | 791.7M | 772.5M | 600.4M | 635.0M |
| Gross Profit | 394.3M | 572.7M | 290.7M | -58.0M | 251.4M |
| Operating Expenses | 46.6M | 45.9M | 41.8M | 43.7M | 39.0M |
| Operating Income | 347.7M | 526.8M | 248.9M | -101.7M | 212.4M |
| Pre-tax Income | 404.1M | 523.2M | 229.6M | -244.3M | 94.6M |
| Income Tax | 405.0K | 9.5M | 529.0K | -1.9M | 7.3M |
| Net Income | 403.7M | 513.7M | 229.1M | -242.4M | 87.3M |
| EPS (Diluted) | $11.63 | $14.86 | $6.68 | -$7.16 | $2.57 |
Income Statement Trend
Teekay Tankers Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 747.9M | 613.5M | 459.5M | 245.4M | 245.4M |
| Non-Current Assets | 1.2B | 1.3B | 1.3B | 1.4B | 1.6B |
| Total Assets | 2.0B | 1.9B | 1.8B | 1.6B | 1.8B |
| Liabilities | |||||
| Current Liabilities | 132.0M | 139.3M | 170.2M | 157.1M | 197.1M |
| Non-Current Liabilities | 85.4M | 208.4M | 543.5M | 623.2M | 564.2M |
| Total Liabilities | 217.4M | 347.7M | 713.6M | 780.3M | 761.3M |
| Equity | |||||
| Total Shareholders Equity | 1.8B | 1.5B | 1.1B | 838.4M | 1.1B |
Balance Sheet Composition
Teekay Tankers Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 403.7M | 513.7M | 229.1M | -242.4M | 87.3M |
| Operating Cash Flow | 510.4M | 634.4M | 215.4M | -219.7M | 280.6M |
| Investing Activities | |||||
| Capital Expenditures | 18.3M | - | 69.6M | 58.1M | 85.9M |
| Investing Cash Flow | -267.0K | 27.5M | 136.3M | 117.7M | 90.5M |
| Financing Activities | |||||
| Dividends Paid | -102.8M | -59.5M | 0 | 0 | - |
| Financing Cash Flow | -346.3M | -514.8M | -272.0M | -13.0M | -691.1M |
| Free Cash Flow | 396.6M | 615.9M | 177.8M | -128.8M | 331.9M |
Cash Flow Trend
Teekay Tankers Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
4.56
Forward P/E
3.88
Price to Book
0.82
Price to Sales
1.37
PEG Ratio
3.88
Profitability Ratios
Profit Margin
30.28%
Operating Margin
15.65%
Return on Equity
18.96%
Return on Assets
8.11%
Financial Health
Current Ratio
8.05
Debt to Equity
2.96
Beta
-0.04
Per Share Data
EPS (TTM)
$9.52
Book Value per Share
$52.98
Revenue per Share
$31.71
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| tnk | 1.5B | 4.56 | 0.82 | 18.96% | 30.28% | 2.96 |
| Enbridge | 98.3B | 22.81 | 1.59 | 9.46% | 10.33% | 144.81 |
| Williams Companies | 73.9B | 32.52 | 5.93 | 16.20% | 20.61% | 184.40 |
| International | 1.9B | 6.05 | 1.03 | 17.57% | 37.39% | 32.85 |
| DHT Holdings | 1.9B | 10.59 | 1.77 | 16.95% | 31.72% | 34.74 |
| CMB Tech N.V | 1.7B | 4.00 | 1.34 | 18.23% | 44.88% | 205.74 |
Financial data is updated regularly. All figures are in the company's reporting currency.