Teekay Tankers (Teekay Tankers) Tax Rate % : 1.43% (As of Dec. 2023)

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What is Teekay Tankers Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Teekay Tankers's Tax Expense for the three months ended in Dec. 2023 was $2 Mil. Teekay Tankers's Pre-Tax Income for the three months ended in Dec. 2023 was $113 Mil. Therefore, Teekay Tankers's Tax Rate % for the quarter that ended in Dec. 2023 was 1.43%.

Teekay Tankers Tax Rate % Historical Data

The historical data trend for Teekay Tankers's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Teekay Tankers Tax Rate % Chart

Teekay Tankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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32.71

7.70

0.79

0.23

1.81

Teekay Tankers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															0.61	1.33	5.10	-3.21	1.43

Teekay Tankers Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Teekay Tankers's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	9.492	/	523.163
	=	1.81 %

Teekay Tankers's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1.617	/	113.311
	=	1.43 %

Teekay Tankers Tax Rate % Related Terms

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Teekay Tankers (Teekay Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Tankers Ltd (NYSE:TNK) » Definitions » Tax Rate %

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Traded in Other Exchanges

3TKA:Germany

Address

69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08

Website

https://www.teekay.com

Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.