Teekay Tankers Ltd. (TNK) Revenue
The annual revenue for Teekay Tankers Ltd. (TNK) is $1.01 Billion with a year-over-year growth of (12.83%). Revenue represents the total income generated from the company's primary business operations.
Annual Revenue (TTM)
$1.01B
$1.01 Billion
Year-over-Year Growth
(12.83%)
vs. $1.23B prior year
Revenue CAGR
+7.92%
5 Year compound annual growth rate
Revenue CAGR (Compound Annual Growth Rate)
1 Year
(12.83%)
3 Year
(7.80%)
5 Year
+7.92%
10 Year
+5.91%
15 Year
+14.39%
20 Year
+10.67%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Revenue History
| Year | Revenue | YoY Change | % Change |
|---|---|---|---|
| 2025 | $951.80M | ($277.54M) | (22.58%) |
| 2024 | $1.23B | ($244.36M) | (16.58%) |
| 2023 | $1.47B | +$295.74M | +25.11% |
| 2022 | $1.18B | +$635.59M | +117.19% |
| 2021 | $542.37M | ($344.07M) | (38.81%) |
| 2020 | $886.43M | ($57.48M) | (6.09%) |
| 2019 | $943.92M | +$188.15M | +24.90% |
| 2018 | $755.76M | +$324.58M | +75.28% |
| 2017 | $431.18M | ($95.72M) | (18.17%) |
| 2016 | $526.90M | +$12.70M | +2.47% |
Revenue Growth Summary
TTM Growth
(12.83%)
3-Year Avg Growth
(7.80%)
5-Year Avg Growth
+7.92%
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