Teekay Tankers Ltd. (TNK) Gross Margin: 34.88%
Is Teekay Tankers Ltd.’s gross margin high or low?
Teekay Tankers Ltd.'s gross margin of 34.88% is 47% above its 5-year average of 23.77%, near the high end of its 5-year range (-10.70%–39.47%).
As of Saturday, June 13, 2026. 17.15% above its 12-month average of 29.77%.
TNK Gross Margin Chart
TNK Average Gross Margin Chart
TNK Current vs Average Gross Margin Chart
TNK Gross Margin Metrics
GROSS MARGIN
34.88%
GROSS MARGIN AVG TTM
29.77%
GROSS MARGIN AVG 3Y
31.25%
GROSS MARGIN AVG 5Y
23.77%
GROSS MARGIN AVG 10Y
21.99%
GROSS MARGIN AVG 15Y
25.12%
GROSS MARGIN AVG 20Y
34.04%
CURRENT VS TTM AVG
+17.15%
CURRENT VS 3Y AVG
+11.62%
CURRENT VS 5Y AVG
+46.71%
CURRENT VS 10Y AVG
+58.63%
CURRENT VS 15Y AVG
+38.88%
CURRENT VS 20Y AVG
+2.48%
TNK Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Teekay Tankers Ltd. (TNK) | $2.61B | 34.88% | 29.77% | 31.25% | 23.77% |
| Werner Enterprises, Inc. (WERN) | $2.64B | 8.41% | 8.49% | 11.43% | 13.77% |
| Trinity Industries, Inc. (TRN) | $2.76B | 27.01% | 24.13% | 21.13% | 22.01% |
| Enerpac Tool Group Corp. (EPAC) | $1.85B | 48.58% | 50.35% | 49.12% | 47.75% |
| Ameresco, Inc. (AMRC) | $1.49B | 15.58% | 15.10% | 16.02% | 16.87% |
| T1 Energy Inc (TE) | $1.48B | 7.60% | 24.55% | 12.28% | 8.18% |
| Kforce Inc. (KFRC) | $891.60M | 27.22% | 27.10% | 27.84% | 28.11% |
| Ampco-Pittsburgh Corporation (AP) | $240.46M | 14.54% | 16.44% | 16.62% | 17.88% |
| Primoris Services Corporation (PRIM) | $5.35B | 10.38% | 10.89% | 10.60% | 10.82% |
| Matson, Inc. (MATX) | $6.11B | 22.42% | 23.89% | 25.80% | 26.36% |
Gross Margin Analysis
Gross Margin
34.9%
(Revenue - COGS) / Revenue
Teekay Tankers Ltd. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Teekay Tankers Ltd. Gross Margin FAQ
- What is the gross margin for Teekay Tankers Ltd. (TNK)?
- The gross margin for TNK stock is 34.88%.
- Is Teekay Tankers Ltd.'s gross margin high or low?
- Teekay Tankers Ltd.'s gross margin of 34.88% is 47% above its 5-year average of 23.77%, near the high end of its 5-year range (-10.70%–39.47%).
- What is the TTM average gross margin for Teekay Tankers Ltd. (TNK)?
- The TTM average gross margin for TNK stock is 29.77%.
- What is the 3Y average gross margin for Teekay Tankers Ltd. (TNK)?
- The 3Y average gross margin for TNK stock is 31.25%.
- What is the 5Y average gross margin for Teekay Tankers Ltd. (TNK)?
- The 5Y average gross margin for TNK stock is 23.77%.
- What is the 10Y average gross margin for Teekay Tankers Ltd. (TNK)?
- The 10Y average gross margin for TNK stock is 21.99%.
- What is the 15Y average gross margin for Teekay Tankers Ltd. (TNK)?
- The 15Y average gross margin for TNK stock is 25.12%.
- What is the 20Y average gross margin for Teekay Tankers Ltd. (TNK)?
- The 20Y average gross margin for TNK stock is 34.04%.
Teekay Tankers Ltd. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 27.48% |
| 2024-12-31 | 32.07% |
| 2023-12-31 | 39.47% |
| 2022-12-31 | 25.97% |
| 2021-12-31 | -10.70% |
| 2020-12-31 | 28.36% |
| 2019-12-31 | 17.57% |
| 2018-12-31 | 6.35% |
| 2017-12-31 | 10.97% |
| 2016-12-31 | 23.77% |
| 2015-12-31 | 40.56% |
| 2014-12-31 | 22.59% |
| 2013-12-31 | 5.17% |
| 2012-12-31 | 8.49% |
| 2011-12-31 | 57.42% |
| 2010-12-31 | 66.31% |
| 2009-12-31 | 67.94% |
| 2008-12-31 | 77.13% |
| 2007-12-31 | 52.70% |
| 2006-12-31 | 55.46% |
| 2005-12-31 | 59.70% |
Related Metrics
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