Teekay Tankers (Teekay Tankers) FCF Yield % : 30.65 (As of Apr. 28, 2024)

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What is Teekay Tankers FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Teekay Tankers's Trailing 12-Month Free Cash Flow is $616 Mil, and Market Cap is $2,010 Mil. Therefore, Teekay Tankers's FCF Yield % for today is 30.65%.

The historical rank and industry rank for Teekay Tankers's FCF Yield % or its related term are showing as below:

TNK' s FCF Yield % Range Over the Past 10 Years
Min: -115.75 Med: 8.34 Max: 122.39
Current: 30.65

During the past 13 years, the highest FCF Yield % of Teekay Tankers was 122.39%. The lowest was -115.75%. And the median was 8.34%.

TNK's FCF Yield % is ranked better than
91.3% of 1080 companies
in the Oil & Gas industry
Industry Median: 1.945 vs TNK: 30.65

Teekay Tankers's FCF Margin % for the quarter that ended in Dec. 2023 was 40.90%.

Teekay Tankers FCF Yield % Historical Data

The historical data trend for Teekay Tankers's FCF Yield % 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.

* Premium members only.

Teekay Tankers FCF Yield % Chart

Teekay Tankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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13.14

89.36

-34.96

17.01

36.15

Teekay Tankers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial															54.00	45.87	61.74	33.90	30.08

Competitive Comparison of Teekay Tankers's FCF Yield %

For the Oil & Gas Midstream subindustry, Teekay Tankers's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Teekay Tankers's FCF Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teekay Tankers's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Teekay Tankers's FCF Yield % falls into.

Teekay Tankers FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	615.874	/	1703.632207
	=	36.15%

Teekay Tankers's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	128.134	*	4	/	1703.632207
	=	30.08%

Teekay Tankers FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Teekay Tankers FCF Yield % 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 » FCF Yield %

Comparable Companies

DHT KNTK LPG GLP GLNG INSW GEL NVGS HESM NS TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

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.