Teekay Tankers (TNK) Return on Invested Capital (ROIC)

Price: $38.81
Market Cap: $1.33B
Avg Volume: 465.51K
Country: CA
Industry: Oil & Gas Midstream
Sector: Energy
Beta: -0.45
52W Range: $35.23-74.2
Website: Teekay Tankers

Return on Invested Capital (ROIC) Summary

Teekay Tankers's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 20.34%
  • Quarterly: 4.48%
  • TTM: 20.04%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess Teekay Tankers's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 22.98%
    • Quarterly: 5.30%
    • TTM: 23.53%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 20.45%
    • Quarterly: 4.72%
    • TTM: 20.45%

These metrics provide insights into Teekay Tankers's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

20.34%

Quarterly ROIC

4.48%

TTM ROIC

20.04%

Teekay Tankers Historical ROIC

33.79%33.79%29.16%29.16%24.53%24.53%19.90%19.90%15.27%15.27%10.64%10.64%6.01%6.01%1.38%1.38%-3.25%-3.25%-7.88%-7.88%-12.51%-12.51%ROIC20.34%29.39%15.11%-12.51%11.58%3.02%0.74%0.07%4.08%8.69%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROE

38.72%38.72%31.95%31.95%25.19%25.19%18.43%18.43%11.67%11.67%4.90%4.90%-1.86%-1.86%-8.62%-8.62%-15.38%-15.38%-22.15%-22.15%-28.91%-28.91%ROE22.98%33.67%21.41%-28.91%8.09%2.15%-5.55%-5.76%6.83%20.47%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROA

31.53%31.53%26.88%26.88%22.23%22.23%17.58%17.58%12.93%12.93%8.28%8.28%3.63%3.63%-1.02%-1.02%-5.67%-5.67%-10.32%-10.32%-14.97%-14.97%ROA20.45%27.42%12.84%-14.97%4.74%0.95%-2.43%-2.64%3.25%8.28%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Teekay Tankers Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROIC ROE ROA
2024 20.34% 22.98% 20.45%
2023 29.39% 33.67% 27.42%
2022 15.11% 21.41% 12.84%
2021 -12.51% -28.91% -14.97%
2020 11.58% 8.09% 4.74%
2019 3.02% 2.15% 0.95%
2018 0.74% -5.55% -2.43%
2017 0.07% -5.76% -2.64%
2016 4.08% 6.83% 3.25%
2015 8.69% 20.47% 8.28%

Related Metrics

Explore detailed financial metrics and analysis for TNK.

Financial Analysis
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Company Intelligence
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Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
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