Teekay Tankers (Teekay Tankers) Pre-Tax Income : $523 Mil (TTM As of Dec. 2023)

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What is Teekay Tankers Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Teekay Tankers's pretax income for the three months ended in Dec. 2023 was $113 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $523 Mil. Teekay Tankers's pretax margin was 36.17%.

During the past 13 years, Teekay Tankers's highest Pretax Margin was 38.34%. The lowest was -45.04%. And the median was 11.50%.

Teekay Tankers Pre-Tax Income Historical Data

The historical data trend for Teekay Tankers's Pre-Tax Income 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 Pre-Tax Income Chart

Teekay Tankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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61.47

94.60

-244.30

229.62

523.16

Teekay Tankers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income	Get a 7-Day Free Trial															147.33	171.65	159.36	78.84	113.31

Competitive Comparison of Teekay Tankers's Pre-Tax Income

For the Oil & Gas Midstream subindustry, Teekay Tankers's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teekay Tankers's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Teekay Tankers's Pre-Tax Income falls into.

Teekay Tankers Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Teekay Tankers's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	526.798	+	13.893	+	-27.706	+	10.178	+	0
	=	523

Teekay Tankers's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	102.553	+	11.841	+	-4.141	+	3.058	+	2.8421709430404E-14
	=	113

Pre-Tax Income 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 $523 Mil.

Teekay Tankers (NYSE:TNK) Pre-Tax Income Explanation

Teekay Tankers's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	113.311	/	313.291
	=	36.17%

During the past 13 years, Teekay Tankers's highest Pretax Margin was 38.34%. The lowest was -45.04%. And the median was 11.50%.

Teekay Tankers Pre-Tax Income 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 » Pre-Tax Income

Comparable Companies

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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.