See more : ANE (Cayman) Inc. (9956.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Teekay Tankers Ltd. (TNK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Teekay Tankers Ltd., a leading company in the Oil & Gas Midstream industry within the Energy sector.
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Teekay Tankers Ltd. (TNK)
About Teekay Tankers Ltd.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.36B | 1.06B | 542.37M | 886.43M | 920.97M | 755.76M | 431.18M | 526.90M | 514.19M | 226.48M | 162.41M | 185.93M | 215.07M | 139.48M | 113.30M | 144.17M | 146.31M | 153.09M | 125.37M |
| Cost of Revenue | 791.72M | 772.46M | 600.38M | 635.01M | 756.36M | 707.76M | 383.90M | 401.64M | 305.64M | 175.32M | 154.01M | 170.15M | 91.58M | 47.00M | 36.33M | 32.97M | 69.21M | 68.19M | 50.52M |
| Gross Profit | 572.73M | 290.65M | -58.01M | 251.42M | 164.61M | 48.00M | 47.28M | 125.26M | 208.56M | 51.16M | 8.40M | 15.78M | 123.49M | 92.48M | 76.98M | 111.20M | 77.10M | 84.91M | 74.85M |
| Gross Profit Ratio | 41.98% | 27.34% | -10.70% | 28.36% | 17.87% | 6.35% | 10.97% | 23.77% | 40.56% | 22.59% | 5.17% | 8.49% | 57.42% | 66.31% | 67.94% | 77.13% | 52.70% | 55.46% | 59.70% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 43.34M | 41.77M | 43.72M | 39.01M | 36.40M | 39.78M | 32.88M | 18.21M | 17.35M | 11.96M | 12.59M | 14.93M | 16.13M | 13.29M | 14.54M | 7.67M | 0.00 | 12.14M | 8.98M |
| Selling & Marketing | 2.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.50M | -7.84M | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 45.94M | 41.77M | 43.72M | 39.01M | 36.40M | 39.78M | 32.88M | 18.21M | 17.35M | 11.96M | 12.59M | 14.93M | 16.13M | 9.79M | 6.69M | 7.67M | 12.47M | 12.14M | 8.98M |
| Other Expenses | -9.11M | 2.65M | -1.76M | 473.00K | 18.88M | -6.23M | -5.00M | -6.07M | -3.10M | 3.81M | -1.01M | -2.06M | -377.00K | 47.32M | 28.66M | 22.94M | 15.67M | 15.61M | 13.14M |
| Operating Expenses | 45.94M | 41.77M | 43.72M | 39.01M | 55.29M | 39.78M | 32.88M | 18.21M | 17.35M | 11.96M | 12.59M | 14.93M | 90.61M | 57.11M | 35.35M | 30.61M | 28.14M | 27.76M | 22.11M |
| Cost & Expenses | 828.54M | 814.23M | 644.09M | 674.02M | 811.64M | 747.53M | 416.78M | 419.85M | 322.99M | 187.28M | 166.61M | 185.08M | 182.19M | 104.11M | 71.68M | 63.59M | 97.35M | 95.94M | 72.63M |
| Interest Income | 10.18M | 1.34M | 122.00K | 1.20M | 871.00K | 879.00K | 907.00K | 117.00K | 107.00K | 9.41M | 7.84M | 11.55M | 71.00K | 97.00K | 70.00K | 475.00K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 27.71M | 35.74M | 35.03M | 51.53M | 65.36M | 58.65M | 31.29M | 29.78M | 17.39M | 8.74M | 10.02M | 20.01M | 40.54M | 7.51M | 7.01M | 29.27M | 6.46M | 15.74M | 6.92M |
| Depreciation & Amortization | 97.55M | 99.03M | 106.08M | 117.21M | 124.00M | 118.51M | 100.48M | 104.15M | 73.76M | 50.15M | 47.83M | 72.37M | 74.48M | 45.46M | 28.66M | 22.94M | 15.67M | 15.61M | 13.14M |
| EBITDA | 648.42M | 364.39M | -103.19M | 258.24M | 248.48M | 132.81M | 99.12M | 193.95M | 256.37M | 117.73M | 51.24M | -277.81M | 1.95M | 69.28M | 74.61M | 103.53M | 64.63M | 72.77M | 65.88M |
| EBITDA Ratio | 47.52% | 33.12% | -2.10% | 37.95% | 25.76% | 16.22% | 19.81% | 21.67% | 39.41% | 25.45% | 2.14% | 5.56% | 49.78% | 66.30% | 58.28% | 71.78% | 44.17% | 47.52% | 52.55% |
| Operating Income | 535.91M | 255.95M | -194.10M | 219.19M | 122.66M | 7.20M | 1.42M | 86.46M | 187.20M | 58.27M | 3.41M | -340.20M | -44.45M | 35.37M | 41.62M | 80.58M | 48.96M | 57.15M | 52.74M |
| Operating Income Ratio | 39.28% | 24.08% | -35.79% | 24.73% | 13.32% | 0.95% | 0.33% | 16.41% | 36.41% | 25.73% | 2.10% | -182.97% | -20.67% | 25.36% | 36.74% | 55.90% | 33.46% | 37.33% | 42.07% |
| Total Other Income/Expenses | -12.75M | -26.33M | -50.21M | -46.97M | -62.42M | -50.34M | -54.11M | -18.63M | -168.00K | -1.67M | -11.55M | -29.99M | -120.17M | -58.52M | 462.00K | 49.00K | -6.47M | -15.75M | -6.91M |
| Income Before Tax | 523.16M | 229.62M | -244.30M | 94.60M | 41.36M | -52.55M | -58.02M | 62.86M | 179.64M | 57.14M | -8.14M | -370.18M | -113.08M | 23.73M | 45.88M | 80.63M | 42.49M | 41.40M | 45.83M |
| Income Before Tax Ratio | 38.34% | 21.60% | -45.04% | 10.67% | 4.49% | -6.95% | -13.46% | 11.93% | 34.94% | 25.23% | -5.01% | -199.10% | -52.58% | 17.01% | 40.49% | 55.93% | 29.04% | 27.04% | 36.55% |
| Income Tax Expense | 9.49M | 529.00K | -1.93M | 7.28M | 20.10M | 59.75M | 5.33M | 7.51M | 7.57M | 1.13M | 11.62M | 371.03M | 29.47M | 19.07M | 2.69M | 28.75M | 6.47M | 1.25M | 1.93M |
| Net Income | 513.67M | 229.09M | -242.37M | 87.32M | 21.26M | -52.55M | -58.02M | 62.86M | 179.64M | 57.14M | -8.14M | -370.18M | -113.08M | 16.31M | 38.93M | 51.84M | 42.49M | 40.15M | 43.89M |
| Net Income Ratio | 37.65% | 21.55% | -44.69% | 9.85% | 2.31% | -6.95% | -13.46% | 11.93% | 34.94% | 25.23% | -5.01% | -199.10% | -52.58% | 11.69% | 34.36% | 35.96% | 29.04% | 26.23% | 35.01% |
| EPS | 15.04 | 6.74 | -7.17 | 2.59 | 0.63 | -1.57 | -2.48 | 3.20 | 10.08 | 5.36 | -0.80 | -37.24 | -14.89 | 2.96 | 10.24 | 16.24 | 22.08 | 21.44 | 23.41 |
| EPS Diluted | 14.86 | 6.68 | -7.16 | 2.57 | 0.63 | -1.57 | -2.48 | 3.20 | 10.00 | 5.28 | -0.78 | -37.23 | -14.89 | 2.96 | 10.24 | 16.24 | 22.08 | 21.44 | 23.41 |
| Weighted Avg Shares Out | 34.16M | 34.00M | 33.80M | 33.72M | 33.62M | 33.47M | 23.40M | 21.26M | 17.99M | 10.74M | 10.17M | 9.94M | 7.60M | 5.29M | 3.58M | 3.13M | 1.92M | 1.88M | 1.88M |
| Weighted Avg Shares Out (Dil) | 34.57M | 34.29M | 33.86M | 33.92M | 33.73M | 33.56M | 23.40M | 21.29M | 18.06M | 10.78M | 10.45M | 9.94M | 7.60M | 5.29M | 3.58M | 3.13M | 1.92M | 1.88M | 1.88M |
Teekay Group Publishes 2023 Sustainability Report and Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2023
HAMILTON, Bermuda, March 25, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the publication of their 2023 Sustainability Report, which can be accessed on the Teekay Group's...
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Teekay Tankers Ltd. (TNK) Q4 2023 Earnings Call Transcript
Teekay Tankers Ltd. (TNK) Q4 2023 Earnings Call Transcript
Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2023 Results and Declares Dividend
HAMILTON, Bermuda, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter and year ended December 31, 2023 and announced that its Board of Directors has...
Teekay Corporation Reports Fourth Quarter and Annual 2023 Results
HAMILTON, Bermuda, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three and twelve months ended December 31, 2023.
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Source: https://incomestatements.info
Category: Stock Reports