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Teekay Tankers (Teekay Tankers) Price-to-Free-Cash-Flow : 3.28 (As of Apr. 26, 2024)


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What is Teekay Tankers Price-to-Free-Cash-Flow?

As of today (2024-04-26), Teekay Tankers's share price is $58.39. Teekay Tankers's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $17.82. Hence, Teekay Tankers's Price-to-Free-Cash-Flow Ratio for today is 3.28.

The historical rank and industry rank for Teekay Tankers's Price-to-Free-Cash-Flow or its related term are showing as below:

TNK' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 0.82   Med: 3.78   Max: 275.75
Current: 3.26

During the past 13 years, Teekay Tankers's highest Price-to-Free-Cash-Flow Ratio was 275.75. The lowest was 0.82. And the median was 3.78.

TNK's Price-to-Free-Cash-Flow is ranked better than
83.16% of 594 companies
in the Oil & Gas industry
Industry Median: 10.17 vs TNK: 3.26

Teekay Tankers's Free Cash Flow per Share for the three months ended in Dec. 2023 was $3.70. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $17.82.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Teekay Tankers was 243.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 22.10% per year.

During the past 13 years, Teekay Tankers's highest 3-Year average Free Cash Flow per Share Growth Rate was 96.00% per year. The lowest was -113.60% per year. And the median was -13.90% per year.


Teekay Tankers Price-to-Free-Cash-Flow Historical Data

The historical data trend for Teekay Tankers's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Teekay Tankers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.63 1.13 - 5.94 2.80

Teekay Tankers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.94 4.07 2.40 2.29 2.80

Competitive Comparison of Teekay Tankers's Price-to-Free-Cash-Flow

For the Oil & Gas Midstream subindustry, Teekay Tankers's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teekay Tankers's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Teekay Tankers's Price-to-Free-Cash-Flow falls into.



Teekay Tankers Price-to-Free-Cash-Flow Calculation

Teekay Tankers's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=58.39/17.819
=3.28

Teekay Tankers's Share Price of today is $58.39.
Teekay Tankers's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.82.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Teekay Tankers  (NYSE:TNK) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Teekay Tankers Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Teekay Tankers's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Teekay Tankers (Teekay Tankers) Business Description

Traded in Other Exchanges
Address
69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08
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.

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