Earnings Summary

Teekay Tankers Ltd.’s revenue fell -14.71% since last year same period to $313.29Mn in the Q4 2023. On a quarterly growth basis, Teekay Tankers Ltd. has generated 9.6% jump in its revenue since last 3-months.

Teekay Tankers Ltd.’s net profit fell -23.72% since last year same period to $111.69Mn in the Q4 2023. On a quarterly growth basis, Teekay Tankers Ltd. has generated 37.27% jump in its net profits since last 3-months.

Teekay Tankers Ltd.’s net profit margin fell -10.57% since last year same period to 35.65% in the Q4 2023. On a quarterly growth basis, Teekay Tankers Ltd. has generated 25.25% jump in its net profit margins since last 3-months.

Teekay Tankers Ltd.’s price-to-earnings ratio after this Q4 2023 earnings stands at 3.87.

Teekay Tankers Ltd.’s earning per share (EPS) estimates for the current quarter stand at 3.87 - a 11.53% jump from last quarter’s estimates.

Teekay Tankers Ltd.’s earning per share (EPS) estimates for the current year stand at 3.87.

Teekay Tankers Ltd.’s earning per share (EPS) fell -32.79% since last year same period to 2.91 in the Q4 2023. This indicates that the Teekay Tankers Ltd. has generated -32.79% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Teekay Tankers Ltd.’s return on assets (ROA) stands at 0.18.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Teekay Tankers Ltd.’s return on equity (ROE) stands at 0.4.

Teekay Tankers Ltd. declared 0.25 dividend per share during the earnings announcement for Q4 2023.