Teekay Tankers Ltd. (TNK)

NYSE: TNK · Water Transportation · Hamilton, BM · filing with the SEC since 2007

Grade5.4

◀ Past 5.9● Present 6.2▶ Future 3.7

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 13, 2026	Mar 14, 2025	Mar 15, 2024	Mar 31, 2023	Apr 6, 2022	Apr 1, 2021	Apr 15, 2020	Apr 10, 2019	Apr 24, 2018	Apr 26, 2017
Revenue	951,797	1,229,336	1,473,699^r	1,177,956^r	542,367	886,434	943,917	776,493^r	431,178	550,543
Cost of revenue	317,373	405,546	474,371	495,604	315,121	297,225	402,294	381,306^r	77,368	53,604
General and administrative	46,568	46,604	43,667^r	41,112^r	43,715	39,006	36,404	39,775	32,879	33,199^r
Total costs and expenses	240,961	261,114	249,273^r	249,976^r	165,375	184,233	208,601	209,131	175,389	·
Operating income	309,099	380,143	546,764^r	263,823^r	-194,095	141,573	123,883	7,204	1,416	96,752^r
Interest expense	2,896	7,472	27,713^r	35,752^r	35,031	51,525	65,362	58,653	31,294	29,784
Interest and investment income	29,689	24,076	10,952^r	1,460^r	122	1,199	871	879	907	117
Share of profit of equity-method investments	9,617	2,767	3,432	244	-14,107	5,100	2,345	1,220	-25,370	7,680^r
Other income (expense), net	1,753	4,558	-1,402^r	2,709^r	-1,756	473	695	3,182	329^r	1,533^r
Income before income taxes	347,262	404,072	532,482^r	237,663^r	-244,303	94,600	61,465	-43,136	-52,693	·
Income tax expense	-3,924	405	12,592^r	2,236^r	-1,931	7,283	20,103^r	9,412^r	-5,330	·
Net income including non-controlling interests	351,186	403,667	519,890^r	235,427^r	-242,372	87,317	41,362	-52,548	-58,023	67,823^r
Net income to common shareholders	·	·	·	·	·	·	·	·	-58,023	67,823^r
Earnings per share, basic	10.15	11.73	15.22^r	6.92^r	-7.16	2.59	1.23	-1.57^r	-2.48^r	3.20^b
Earnings per share, diluted	10.10	11.63	15.04^r	6.87^r	-7.16	2.57	1.23	-1.57^r	-2.48^r	3.20^b
Weighted average shares, basic	34,604,637	34,406,223	34,159,818	33,997,579	33,859,306	33,718,665	33,617,635	33,561,615^r	23,404,422^r	21,262,322^rb
Weighted average shares, diluted	34,775,458	34,705,472	34,568,160	34,287,075	33,859,306	33,921,621	33,731,171	33,561,615^r	23,404,422^r	21,292,580^rb

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-8 reverse split of Nov 2019.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfServices

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:OperatingCostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton TNK · research, not advice