Teekay TankersTNK -3.26%59 Gross Margin % is 47.33% as of Mar. 2026, which is 78% above its 10-year median of 26.66. GuruFocus rates TNK with a GF Score™ of 59/100 and a GF Value™ of $38.07 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 872 Oil & Gas companies, Teekay Tankers ranks better than 63.53% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Teekay Tankers had a gross margin of 47.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Teekay Tankers Gross Margin % Related Terms
Teekay Tankers Gross Margin % Historical Data
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The historical data trend for Teekay Tankers's Gross Margin % 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.
For the Oil & Gas Midstream subindustry, Teekay Tankers's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Teekay Tankers's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Teekay Tankers's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Teekay Tankers (TNK) has a Gross Margin % of 47.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Teekay Tankers and its competitors. This is 78% above median its historical median of 26.66. According to the industry distribution chart, Teekay Tankers ranks #318 out of 872 companies in the Oil & Gas industry, placing it in the top 36.5%.
Is Teekay Tankers' Gross Margin % too high?
Teekay Tankers' current Gross Margin % of 47.33% is 78% above median its 10-year median of 26.66. The Oil & Gas industry median Gross Margin % is 25.54. Teekay Tankers' value of 47.33% is 85.4% above this industry median. Based on the distribution chart, Teekay Tankers ranks #318 out of 872 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Teekay Tankers has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teekay Tankers' Gross Margin % compare to DHT and NGL?
According to the Oil & Gas industry distribution chart, Teekay Tankers ranks #318 out of 872 companies for Gross Margin %. This puts Teekay Tankers in the upper half of its industry. The industry median Gross Margin % is 25.54. Teekay Tankers' value of 47.33% is 85.4% above this benchmark. While the company's 10-year median is 26.66 vs. the industry median of 25.54, Teekay Tankers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.54, based on 872 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Teekay Tankers's current Gross Margin % of 47.33% is 85.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Teekay Tankers and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teekay Tankers's current Gross Margin % is 47.33%, which is 78% above median its own 10-year median of 26.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teekay Tankers stock overvalued right now?
Based on GuruFocus' analysis, Teekay Tankers (TNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.07, compared to a current price of $67.99 — trading 78.6% above its estimated fair value. The current Gross Margin % is 47.33%, which is 78% above median its 10-year median of 26.66 and 85.4% above the Oil & Gas industry median of 25.54. Teekay Tankers' overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Teekay Tankers (TNK), the current Gross Margin % is 47.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Teekay Tankers (TNK) Overvalued in 2026?
Based on GuruFocus' analysis, Teekay Tankers stock appears to be overvalued.
The current stock price of $67.99 is trading 78.6% above its estimated GF Value™ of $38.07.
GuruFocus considers Teekay Tankers to be Significantly Overvalued.
Key valuation signals for TNK:
Gross Margin %: 47.33% (78% above median its 10-year median of 26.66)
GF Value™: $38.07 vs. price of $67.99 (78.6% above fair value)
Industry Position: 85.4% above the Oil & Gas median (#318 of 872)
No single metric tells the full story. See the TNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teekay Tankers Ltd is a provider of marine services to the international oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: Tankers, which consists of the operation of all of the company's tankers (including the operations from those tankers employed on full service lightering contracts), and the company's U.S. based ship-to-ship support service operations (including its lightering support services provided as part of full service lightering operations); and Marine Services, which consists of operational and maintenance marine services provided to the Australian government, Australian energy companies and other third parties. The company generates the majority of its revenue from the Tankers segment.
59GF Score
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