Teekay Tankers LTD. income statement

In fiscal 2025, Teekay Tankers LTD. reported revenue of $952m, down 22.6% on the year before, operating income of $309m (a 32.5% margin) and net income of $351m, or $10.10 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

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

Teekay Tankers LTD.: income 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
Revenue	240	215	197	180	250	535	551	431	776	944	886	542	1,178	1,474	1,229	952
Cost of revenue	—	—	—	—	—	—	54	77	381	402	297	315	496	474	406	317
Gross profit	—	—	—	—	—	—	497	354	395	542	589	227	682	999	824	634
General and administrative	17	8	8	13	13	30	33	33	40	36	39	44	41	44	47	47
Operating income	58	−44	−340	9	62	194	97	1	7	124	142	−194	264	547	380	309
Interest expense	51	41	20	10	9	17	30	31	59	65	52	35	36	28	7	3
Income before tax	—	—	—	—	—	—	—	−53	−43	61	95	−244	238	532	404	347
Income tax	—	—	—	—	—	—	—	−5	9	20	7	−2	2	13	0	−4
Net income	−23	−9	−361	−8	57	177	68	−58	−53	41	87	−242	235	520	404	351
Diluted EPS	$2.96	−$1.20	−$36.32	−$0.80	$5.28	$10.00	$3.20	−$2.48	−$1.57	$1.23	$2.57	−$7.16	$6.87	$15.04	$11.63	$10.10
Diluted shares (average)	6m	8m	10m	10m	11m	18m	21m	23m	34m	34m	34m	34m	34m	35m	35m	35m
EBITDA	135	30	−268	60	115	267	201	102	126	248	259	−88	363	644	474	396

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.