Teekay Tankers Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $951.8M | $1.23B | $1.47B | $1.18B | $542.4M | $886.4M | $943.9M | $776.5M |
| Cost of Revenue | $317.4M | $405.5M | $474.4M | $495.6M | $315.1M | $297.2M | $402.3M | $381.3M |
| Gross Profit | $634.4M | $823.8M | $999.3M | $682.4M | $227.2M | $589.2M | $541.6M | $395.2M |
| Gross Margin | 66.7% | 67.0% | 67.8% | 57.9% | 41.9% | 66.5% | 57.4% | 50.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $46.6M | $46.6M | $43.7M | $41.1M | $43.7M | $39.0M | $36.4M | $39.8M |
| Operating Income | $309.1M | $380.1M | $546.8M | $263.8M | $-194.1M | $141.6M | $123.9M | $7.2M |
| Operating Margin | 32.5% | 30.9% | 37.1% | 22.4% | -35.8% | 16.0% | 13.1% | 0.9% |
| Interest Expense | $2.9M | $7.5M | $27.7M | $35.8M | $35.0M | $51.5M | $65.4M | $58.7M |
| Pretax Income | $347.3M | $404.1M | $532.5M | $237.7M | $-244.3M | $94.6M | $61.5M | $-43.1M |
| Income Tax Expense | $-3.9M | $405.0K | $12.6M | $2.2M | $-1.9M | $7.3M | $20.1M | $9.4M |
| Net Income | $351.2M | $403.7M | $519.9M | $235.4M | $-242.4M | $87.3M | $41.4M | $-52.5M |
| Net Margin | 36.9% | 32.8% | 35.3% | 20.0% | -44.7% | 9.9% | 4.4% | -6.8% |
| EPS (Basic) | $10.15 | $11.73 | $15.22 | $6.92 | $-7.16 | $2.59 | $1.23 | $-1.57 |
| EPS (Diluted) | $10.10 | $11.63 | $15.04 | $6.87 | $-7.16 | $2.57 | $1.23 | $-1.57 |
| Shares Outstanding (Basic) | 34.6M | 34.4M | 34.2M | 34.0M | 33.9M | 33.7M | 33.6M | 33.6M |
| Shares Outstanding (Diluted) | 34.8M | 34.7M | 34.6M | 34.3M | 33.9M | 33.9M | 33.7M | 33.6M |
| Dividends Per Share | $2.00 | $3.00 | $1.75 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |