Teekay Tankers Ltd.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $351.2M | $403.7M | $519.9M | $235.4M | $-242.4M | $87.3M | $41.4M | $-52.5M |
| Depreciation & Amortization | $86.6M | $93.6M | $97.6M | $99.0M | $106.1M | $117.2M | $124.0M | $118.5M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | $1.0M | $2.2M | $2.9M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $305.9M | $471.9M | $631.2M | $199.7M | $-107.3M | $347.9M | $117.7M | $-7.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $190.3M | $70.5M | $0 | $0 | $21.4M | $16.0M | $11.6M | $5.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $78.3M | $-5.1M | $17.3M | $51.2M | $38.1M | $74.5M | $8.4M | $-4.5M |
| Financing Activities | ||||||||
| Dividends Paid | $69.0M | $102.8M | $59.5M | $0 | $0 | $0 | $0 | $8.1M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-68.5M | $-343.4M | $-470.1M | $-113.0M | $22.0M | $-416.1M | $-89.8M | $-3.4M |
| Net Change in Cash | — | $123.4M | $178.4M | $137.9M | $-47.2M | $6.4M | $36.3M | $-15.2M |
| Free Cash Flow | $115.6M | $401.4M | $631.2M | $199.7M | $-128.8M | $331.9M | $106.0M | $-13.1M |