Teekay Tankers LTD. cash flow statement

In fiscal 2025, Teekay Tankers LTD.'s operations generated $306m of cash; it spent $190m on capital projects, leaving free cash flow of $116m. It returned $69.0m in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Teekay Tankers LTD.: cash flow statement, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	58	24	28	15	21	202	207	80	−7	118	348	−107	200	631	472	306
Depreciation and amortisation	77	74	72	51	53	74	104	100	119	124	117	106	99	98	94	87
Stock-based pay	—	—	—	1	1	1	1	1	1	2	2	2	3	2	4	5
Capital spending	—	—	—	—	0	236	9	5	6	12	16	21	0	0	71	190
Free cash flow	—	—	—	—	21	−34	197	76	−13	106	332	−129	200	631	401	116
Free cash flow after stock pay	—	—	—	—	20	−35	196	75	−14	104	330	−131	197	629	398	110
Dividends paid	55	51	32	10	10	15	47	21	8	0	0	0	0	60	103	69
Shares issued	212	112	69	0	111	0	0	5	0	0	—	—	0	0	3	2

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Teekay Tankers LTD.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Teekay Tankers LTD.