Teekay Tankers Ltd. (TNK)TNKTeekay Tankers Ltd.

Balance Sheet

Assets, liabilities, and equity analysis

Quarterly Balance Sheet (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Total Current Assets	1.27B	1.27B	1.08B	1.01B	1.04B	943.59M	747.94M	687.16M	689.02M
Cash & Cash Equivalents	722.01M	722.01M	831.26M	765.47M	650.04M	675.42M	511.89M	462.85M	426.84M
Short-Term Investments	274.14M	274.14M	22.00M	32.30M	80.68M	20.07M	22.44M	0.00	0.00
Cash & Short-Term Investments	996.15M	996.15M	853.26M	797.78M	730.72M	695.49M	534.33M	462.85M	426.84M
Accounts Receivable	113.00M	113.00M	152.94M	68.34M	146.83M	139.12M	145.28M	126.05M	162.29M
Inventory	28.72M	28.72M	29.41M	36.14M	33.90M	38.18M	45.99M	45.44M	49.76M
Total Assets	2.39B	2.39B	2.24B	2.11B	2.06B	2.02B	1.97B	1.92B	1.88B
Property, Plant & Equipment	1.09B	1.09B	1.04B	1.08B	968.81M	1.03B	1.18B	1.21B	1.15B
Goodwill	0.00	0.00	2.43M	0.00	2.43M	2.43M	2.43M	2.43M	2.43M
Intangible Assets	10.48M	10.48M	0.00	69K	7.98M	4.20M	307K	390K	3.92M
Long-Term Investments	0.00	0.00	0.00	0.00	16.89M	16.23M	16.00M	15.38M	18.00M
Total Current Liabilities	135.15M	135.15M	135.29M	115.34M	132.35M	117.22M	132.04M	101.09M	105.60M
Accounts Payable	103.45M	103.45M	104.65M	19.12M	22.98M	26.62M	25.55M	21.22M	28.12M
Short-Term Debt	19.42M	19.42M	21.11M	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	200.61M	200.61M	198.06M	181.93M	212.18M	199.01M	217.42M	171.32M	184.65M
Long-Term Debt	0.00	0.00	17.05M	0.00	0.00	0.00	0.00	0.00	0.00
Total Debt	33.00M	33.00M	55.22M	43.35M	49.63M	54.02M	62.29M	54.00M	63.70M
Net Debt (Cash)	-689.01M	-689.01M	-776.05M	-722.13M	-600.41M	-621.40M	-449.60M	-408.85M	-363.14M
Total Shareholders' Equity	2.19B	2.19B	2.04B	1.93B	1.85B	1.82B	1.76B	1.74B	1.70B
Common Stock	1.32B	1.32B	1.31B	1.31B	1.31B	1.31B	1.31B	1.31B	1.31B
Retained Earnings	873.82M	873.82M	728.98M	617.20M	533.80M	514.46M	447.06M	435.69M	385.50M
Current Ratio	9.40	9.40	7.98	8.78	7.86	8.05	5.66	6.80	6.52
Debt to Equity Ratio	0.02	0.02	0.03	0.02	0.03	0.03	0.04	0.03	0.04

Annual Balance Sheet (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	1.08B	747.94M	666.98M	459.51M	245.40M	245.41M	429.81M	225.59M
Cash & Cash Equivalents	831.26M	511.89M	391.46M	180.51M	50.57M	97.23M	88.82M	54.92M
Short-Term Investments	22.00M	22.44M	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	853.26M	534.33M	391.46M	180.51M	50.57M	97.23M	88.82M	54.92M
Accounts Receivable	152.94M	145.28M	194.58M	202.12M	89.81M	68.08M	203.22M	131.52M
Inventory	29.41M	45.99M	53.22M	60.83M	49.03M	34.61M	49.79M	39.15M
Total Assets	2.24B	1.97B	1.94B	1.78B	1.62B	1.84B	2.24B	2.16B
Property, Plant & Equipment	1.04B	1.18B	1.23B	1.30B	1.35B	1.56B	1.77B	1.88B
Goodwill	2.43M	2.43M	2.43M	2.43M	2.43M	2.43M	2.43M	8.06M
Intangible Assets	0.00	307K	658K	1.05M	1.49M	1.99M	2.54M	11.63M
Long-Term Investments	0.00	16.00M	15.73M	16.20M	12.95M	28.56M	28.11M	25.77M
Total Current Liabilities	135.29M	132.04M	168.03M	170.17M	157.09M	197.12M	288.29M	197.76M
Accounts Payable	104.65M	25.55M	33.89M	42.35M	34.83M	31.06M	70.98M	11.15M
Short-Term Debt	21.11M	0.00	0.00	0.00	40.62M	20.86M	93.57M	106.24M
Total Liabilities	198.06M	217.42M	391.51M	713.65M	780.34M	761.34M	1.25B	1.21B
Long-Term Debt	17.05M	0.00	0.00	0.00	304.79M	232.10M	516.11M	629.17M
Total Debt	55.22M	62.29M	224.68M	576.20M	654.03M	617.00M	1.04B	1.11B
Net Debt (Cash)	-776.05M	-449.60M	-166.79M	395.69M	603.46M	519.77M	955.20M	1.06B
Total Shareholders' Equity	2.04B	1.76B	1.55B	1.07B	838.41M	1.08B	989.92M	946.93M
Common Stock	1.31B	1.31B	1.31B	1.30B	1.30B	1.30B	1.30B	1.30B
Retained Earnings	728.98M	447.06M	220.02M	-233.60M	-462.69M	-220.32M	-307.63M	-349.00M
Current Ratio	7.98	5.66	3.97	2.70	1.56	1.24	1.49	1.14
Debt to Equity Ratio	0.03	0.04	0.14	0.54	0.78	0.57	1.05	1.17

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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.

Hamilton, ON

2,130 employees

www.teekay.com/business/tankers

Industrials / Marine Shipping

Sector: Industrials
Industry: Marine Shipping
CEO: Kenneth Hvid

View full financials

Quarterly Report

TTM

Quarter ended Mar 2026

Quarter ended Dec 2025

Quarter ended Sep 2025

Quarter ended Jun 2025

Quarter ended Mar 2025

Quarter ended Dec 2024

Quarter ended Sep 2024

Quarter ended Jun 2024

Total Current Assets

1.27B

1.08B

1.01B

1.04B

943.59M

747.94M

687.16M

689.02M

Cash & Cash Equivalents

722.01M

831.26M

765.47M

650.04M

675.42M

511.89M

462.85M

426.84M

Short-Term Investments

274.14M

22.00M

32.30M

80.68M

20.07M

22.44M

0.00

Cash & Short-Term Investments

996.15M

853.26M

797.78M

730.72M

695.49M

534.33M

462.85M

426.84M

Accounts Receivable

113.00M

152.94M

68.34M

146.83M

139.12M

145.28M

126.05M

162.29M

Inventory

28.72M

29.41M

36.14M

33.90M

38.18M

45.99M

45.44M

49.76M

Total Assets

2.39B

2.24B

2.11B

2.06B

2.02B

1.97B

1.92B

1.88B

Property, Plant & Equipment

1.09B

1.04B

1.08B

968.81M

1.03B

1.18B

1.21B

1.15B

Goodwill

0.00

2.43M

0.00

2.43M

Intangible Assets

10.48M

0.00

69K

7.98M

4.20M

307K

390K

3.92M

Long-Term Investments

0.00

16.89M

16.23M

16.00M

15.38M

18.00M

Total Current Liabilities

135.15M

135.29M

115.34M

132.35M

117.22M

132.04M

101.09M

105.60M

Accounts Payable

103.45M

104.65M

19.12M

22.98M

26.62M

25.55M

21.22M

28.12M

Short-Term Debt

19.42M

21.11M

0.00

Total Liabilities

200.61M

198.06M

181.93M

212.18M

199.01M

217.42M

171.32M

184.65M

Long-Term Debt

0.00

17.05M

0.00

Total Debt

33.00M

55.22M

43.35M

49.63M

54.02M

62.29M

54.00M

63.70M

Net Debt (Cash)

-689.01M

-776.05M

-722.13M

-600.41M

-621.40M

-449.60M

-408.85M

-363.14M

Total Shareholders' Equity

2.19B

2.04B

1.93B

1.85B

1.82B

1.76B

1.74B

1.70B

Common Stock

1.32B

1.31B

Retained Earnings

873.82M

728.98M

617.20M

533.80M

514.46M

447.06M

435.69M

385.50M

Current Ratio

9.40

7.98

8.78

7.86

8.05

5.66

6.80

6.52

Debt to Equity Ratio

0.02

0.03

0.02

0.03

0.04

0.03

0.04

Annual Report

12/31/2025

12/31/2024

12/31/2023

12/31/2022

12/31/2021

12/31/2020

12/31/2019

12/31/2018

Total Current Assets

1.08B

747.94M

666.98M

459.51M

245.40M

245.41M

429.81M

225.59M

Cash & Cash Equivalents

831.26M

511.89M

391.46M

180.51M

50.57M

97.23M

88.82M

54.92M

Short-Term Investments

22.00M

22.44M

0.00

Cash & Short-Term Investments

853.26M

534.33M

391.46M

180.51M

50.57M

97.23M

88.82M

54.92M

Accounts Receivable

152.94M

145.28M

194.58M

202.12M

89.81M

68.08M

203.22M

131.52M

Inventory

29.41M

45.99M

53.22M

60.83M

49.03M

34.61M

49.79M

39.15M

Total Assets

2.24B

1.97B

1.94B

1.78B

1.62B

1.84B

2.24B

2.16B

Property, Plant & Equipment

1.04B

1.18B

1.23B

1.30B

1.35B

1.56B

1.77B

1.88B

Goodwill

2.43M

8.06M

Intangible Assets

0.00

307K

658K

1.05M

1.49M

1.99M

2.54M

11.63M

Long-Term Investments

0.00

16.00M

15.73M

16.20M

12.95M

28.56M

28.11M

25.77M

Total Current Liabilities

135.29M

132.04M

168.03M

170.17M

157.09M

197.12M

288.29M

197.76M

Accounts Payable

104.65M

25.55M

33.89M

42.35M

34.83M

31.06M

70.98M

11.15M

Short-Term Debt

21.11M

0.00

40.62M

20.86M

93.57M

106.24M

Total Liabilities

198.06M

217.42M

391.51M

713.65M

780.34M

761.34M

1.25B

1.21B

Long-Term Debt

17.05M

0.00

304.79M

232.10M

516.11M

629.17M

Total Debt

55.22M

62.29M

224.68M

576.20M

654.03M

617.00M

1.04B

1.11B

Net Debt (Cash)

-776.05M

-449.60M

-166.79M

395.69M

603.46M

519.77M

955.20M

1.06B

Total Shareholders' Equity

2.04B

1.76B

1.55B

1.07B

838.41M

1.08B

989.92M

946.93M

Common Stock

1.31B

1.30B

Retained Earnings

728.98M

447.06M

220.02M

-233.60M

-462.69M

-220.32M

-307.63M

-349.00M

Current Ratio

7.98

5.66

3.97

2.70

1.56

1.24

1.49

1.14

Debt to Equity Ratio

0.03

0.04

0.14

0.54

0.78

0.57

1.05

1.17