Teekay Tankers Ltd. (TNK) FCF Payout Ratio: 50.05%
Is Teekay Tankers Ltd.’s FCF payout ratio high or low?
Teekay Tankers Ltd.'s FCF payout ratio of 50.05% is 55% above its 2-year average of 32.28%, near the high end of its 2-year range (9.66%–61.26%).
14.82% above its 12-month average of 43.59%.
TNK FCF Payout Ratio Chart
TNK Average FCF Payout Ratio Chart
TNK Current vs Average FCF Payout Ratio Chart
TNK FCF Payout Ratio Metrics
FCF PAYOUT RATIO
50.05%
FCF PAYOUT RATIO AVG TTM
43.59%
FCF PAYOUT RATIO AVG 3Y
32.28%
FCF PAYOUT RATIO AVG 5Y
32.28%
FCF PAYOUT RATIO AVG 10Y
29.56%
FCF PAYOUT RATIO AVG 15Y
100.65%
FCF PAYOUT RATIO AVG 20Y
147.05%
CURRENT VS TTM AVG
+14.82%
CURRENT VS 3Y AVG
+55.04%
CURRENT VS 5Y AVG
+55.04%
CURRENT VS 10Y AVG
+69.33%
CURRENT VS 15Y AVG
-50.27%
CURRENT VS 20Y AVG
-65.96%
Payout Ratio Comparison
FCF Payout Ratio
50.0%
Earnings Payout Ratio
19.7%
Dividend Yield
2.65%
FCF Yield
5.25%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $112.64M | $69.00M | 61.3% |
| 2024 | $396.57M | $102.82M | 25.9% |
| 2023 | $615.87M | $59.52M | 9.7% |
| 2022 | $177.84M | $0 | 0.0% |
| 2021 | ($128.76M) | $0 | N/A (Loss) |
| 2020 | $331.92M | $0 | 0.0% |
| 2019 | $106.03M | $0 | 0.0% |
| 2018 | ($13.09M) | $8.05M | N/A (Loss) |
| 2017 | $74.91M | $20.68M | 27.6% |
| 2016 | $200.75M | $46.85M | 23.3% |
| 2015 | ($681.44M) | $15.14M | N/A (Loss) |
| 2014 | $7.84M | $10.16M | 129.7% |
| 2013 | $4.30M | $10.03M | 233.4% |
| 2012 | $25.02M | $32.23M | 128.8% |
| 2011 | $19.68M | $51.36M | 260.9% |
| 2010 | $52.14M | $55.24M | 106.0% |
| 2009 | $53.20M | $50.35M | 94.6% |
| 2008 | $74.30M | $69.63M | 93.7% |
| 2007 | $61.05M | $437.60M | 716.8% |
| 2006 | $61.15M | $0 | 0.0% |
| 2005 | ($39.50M) | $0 | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Teekay Tankers Ltd. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Teekay Tankers Ltd. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Teekay Tankers Ltd. (TNK)?
- The FCF payout ratio for TNK stock is 50.05%.
- Is Teekay Tankers Ltd.'s FCF payout ratio high or low?
- Teekay Tankers Ltd.'s FCF payout ratio of 50.05% is 55% above its 2-year average of 32.28%, near the high end of its 2-year range (9.66%–61.26%).
- What is the TTM average FCF payout ratio for Teekay Tankers Ltd. (TNK)?
- The TTM average FCF payout ratio for TNK stock is 43.59%.
- What is the 3Y average FCF payout ratio for Teekay Tankers Ltd. (TNK)?
- The 3Y average FCF payout ratio for TNK stock is 32.28%.
- What is the 5Y average FCF payout ratio for Teekay Tankers Ltd. (TNK)?
- The 5Y average FCF payout ratio for TNK stock is 32.28%.
- What is the 10Y average FCF payout ratio for Teekay Tankers Ltd. (TNK)?
- The 10Y average FCF payout ratio for TNK stock is 29.56%.
- What is the 15Y average FCF payout ratio for Teekay Tankers Ltd. (TNK)?
- The 15Y average FCF payout ratio for TNK stock is 100.65%.
- What is the 20Y average FCF payout ratio for Teekay Tankers Ltd. (TNK)?
- The 20Y average FCF payout ratio for TNK stock is 147.05%.
Teekay Tankers Ltd. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 61.26% |
| 2024-12-31 | 25.93% |
| 2023-12-31 | 9.66% |
| 2017-12-31 | 27.61% |
| 2016-12-31 | 23.34% |
| 2014-12-31 | 129.66% |
| 2013-12-31 | 233.36% |
| 2012-12-31 | 128.80% |
| 2011-12-31 | 260.93% |
| 2010-12-31 | 105.96% |
| 2009-12-31 | 94.64% |
| 2008-12-31 | 93.70% |
| 2007-12-31 | 716.82% |
About Teekay Tankers Ltd.
Teekay Tankers Ltd. specializes in providing essential marine transportation solutions to the global oil industry, with its operations spanning Bermuda and international waters. The company's service offerings encompass both voyage and time charter arrangements, alongside specialized offshore ship-to-ship transfer operations for a diverse range of commodities. These primarily include crude oil and refined petroleum products, but also extend to liquid gases and various other specialized cargo. Beyond shipping, Teekay Tankers Ltd. further extends its expertise to include comprehensive commercial and technical management services for tankers. As of December 31, 2021, the company operated a substantial fleet, comprising 48 owned and leased double-hull oil tankers. This is supplemented by two Aframax tankers and a single LR2 tanker, all acquired via time charter agreements. Established in 2007, Teekay Tankers Ltd. maintains its corporate headquarters in Hamilton, Canada.
- Sector
- Industrials
- Industry
- Marine Shipping
- CEO
- Kenneth Hvid