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Teekay TankersTNK +0.16%59 Return-on-Tangible-Asset is 26.59% as of Mar. 2026, which is 596% above its 10-year median of 3.82. GuruFocus rates TNK with a GF Score™ of 59/100 and a GF Value™ of $37.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,028 Oil & Gas companies, Teekay Tankers ranks better than 95.91% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Teekay Tankers's annualizedNet Income for the quarter that ended in Mar. 2026 was $614 Mil. Teekay Tankers's average total tangible assets for the quarter that ended in Mar. 2026 was $2,310 Mil. Therefore, Teekay Tankers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 26.59%.
The historical rank and industry rank for Teekay Tankers's Return-on-Tangible-Asset or its related term are showing as below:
TNK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.05 Med: 3.82 Max: 27.96
Current: 19.85
During the past 13 years, Teekay Tankers's highest Return-on-Tangible-Asset was 27.96%. The lowest was -14.05%. And the median was 3.82%.
TNK's Return-on-Tangible-Asset is ranked better than 95.91% of 1028
companies
in the Oil & Gas industry
Industry Median: 2.055
vs TNK: 19.85
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Teekay Tankers Return-on-Tangible-Asset Related Terms
Teekay Tankers Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Teekay Tankers's Return-on-Tangible-Asset 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.
TNK vs NGL, DHT, GEL: Return-on-Tangible-Asset Comparison
For the Oil & Gas Midstream subindustry, Teekay Tankers's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Teekay Tankers's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Teekay Tankers's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 26.59% mean?
Teekay Tankers (TNK) has a Return-on-Tangible-Asset of 26.59% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Teekay Tankers and its competitors. This is 596% above median its historical median of 3.82. According to the industry distribution chart, Teekay Tankers ranks #42 out of 1028 companies in the Oil & Gas industry, placing it in the top 4.1%.
Is Teekay Tankers' Return-on-Tangible-Asset too high?
Teekay Tankers' current Return-on-Tangible-Asset of 26.59% is 596% above median its 10-year median of 3.82. The Oil & Gas industry median Return-on-Tangible-Asset is 2.06. Teekay Tankers' value of 26.59% is 1193.9% above this industry median. Based on the distribution chart, Teekay Tankers ranks #42 out of 1028 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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' Return-on-Tangible-Asset compare to NGL and DHT?
According to the Oil & Gas industry distribution chart, Teekay Tankers ranks #42 out of 1028 companies for Return-on-Tangible-Asset. This places Teekay Tankers in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.06. Teekay Tankers' value of 26.59% is 1193.9% above this benchmark. While the company's 10-year median is 3.82 vs. the industry median of 2.06, 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 Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.06, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Teekay Tankers's current Return-on-Tangible-Asset of 26.59% is 1193.9% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Teekay Tankers and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teekay Tankers's current Return-on-Tangible-Asset is 26.59%, which is 596% above median its own 10-year median of 3.82. 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 $37.68, compared to a current price of $75.81 — trading 101.2% above its estimated fair value. The current Return-on-Tangible-Asset is 26.59%, which is 596% above median its 10-year median of 3.82 and 1193.9% above the Oil & Gas industry median of 2.06. Teekay Tankers' overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Teekay Tankers (TNK), the current Return-on-Tangible-Asset is 26.59% 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 $75.81 is trading 101.2% above its estimated GF Value™ of $37.68.
GuruFocus considers Teekay Tankers to be Significantly Overvalued.
Key valuation signals for TNK:
Return-on-Tangible-Asset: 26.59% (596% above median its 10-year median of 3.82)
GF Value™: $37.68 vs. price of $75.81 (101.2% above fair value)
Industry Position: 1193.9% above the Oil & Gas median (#42 of 1028)
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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