TK vs. TNK

Last updated Apr 1, 2026

Compare and contrast key facts about Teekay Corporation (TK) and Teekay Tankers Ltd. (TNK).

Performance

TK vs. TNK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teekay Corporation (TK) and Teekay Tankers Ltd. (TNK). The values are adjusted to include any dividend payments, if applicable.

TK vs. TNK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TK Teekay Corporation	35.22%	48.20%	47.41%	57.49%	44.59%	46.05%	-59.59%	61.78%	-63.10%	18.93%
TNK Teekay Tankers Ltd.	37.69%	40.21%	-16.58%	69.15%	182.66%	-1.00%	-54.07%	222.87%	-31.94%	-33.72%

Fundamentals

Market Cap TK : $1.07B TNK : $2.54B
EPS TK : $1.09 TNK : $10.11
PE Ratio TK : 11.24 TNK : 7.26
PEG Ratio TK : 0.05 TNK : 0.12
PS Ratio TK : 1.08 TNK : 2.68
PB Ratio TK : 1.47 TNK : 1.24
Total Revenue (TTM) TK : $977.60M TNK : $951.80M
Gross Profit (TTM) TK : $207.39M TNK : $261.58M
EBITDA (TTM) TK : $331.56M TNK : $405.05M

Returns By Period

In the year-to-date period, TK achieves a 35.22% return, which is significantly lower than TNK's 37.69% return. Over the past 10 years, TK has underperformed TNK with an annualized return of 10.70%, while TNK has yielded a comparatively higher 12.86% annualized return.

TK

• 1D: 2.43%
• 1M: -5.71%
• YTD: 35.22%
• 6M: 49.27%
• 1Y: 111.37%
• 3Y*: 50.63%
• 5Y*: 44.96%
• 10Y*: 10.70%

TNK

• 1D: 1.79%
• 1M: -6.02%
• YTD: 37.69%
• 6M: 46.11%
• 1Y: 99.40%
• 3Y*: 25.04%
• 5Y*: 42.59%
• 10Y*: 12.86%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TK vs. TNK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TK

TK Risk / Return Rank: 95
TK Sharpe Ratio Rank: 97
TK Sortino Ratio Rank: 96
TK Omega Ratio Rank: 93
TK Calmar Ratio Rank: 96
TK Martin Ratio Rank: 95

TNK

TNK Risk / Return Rank: 92
TNK Sharpe Ratio Rank: 94
TNK Sortino Ratio Rank: 92
TNK Omega Ratio Rank: 88
TNK Calmar Ratio Rank: 94
TNK Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TK vs. TNK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teekay Corporation (TK) and Teekay Tankers Ltd. (TNK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TK	TNK	Difference
Sharpe ratio Return per unit of total volatility	3.03	2.42	+0.61
Sortino ratio Return per unit of downside risk	3.71	3.08	+0.63
Omega ratio Gain probability vs. loss probability	1.44	1.37	+0.07
Calmar ratio Return relative to maximum drawdown	6.49	5.15	+1.33
Martin ratio Return relative to average drawdown	16.83	13.60	+3.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TK vs. TNK - Sharpe Ratio Comparison

The current TK Sharpe Ratio is 3.03, which is comparable to the TNK Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of TK and TNK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TK	TNK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.03	2.42	+0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.07	0.94	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.24	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.03	+0.06

Correlation

The correlation between TK and TNK is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TK vs. TNK - Dividend Comparison

TK's dividend yield for the trailing twelve months is around 8.19%, more than TNK's 2.73% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TK Teekay Corporation	8.19%	11.07%	46.90%	0.00%	0.00%	0.00%	0.00%	1.03%	6.59%	2.36%	2.74%	17.55%
TNK Teekay Tankers Ltd.	2.73%	3.74%	7.54%	3.50%	0.00%	0.00%	0.00%	0.00%	3.23%	8.57%	13.27%	1.74%

Drawdowns

TK vs. TNK - Drawdown Comparison

The maximum TK drawdown since its inception was -97.03%, which is greater than TNK's maximum drawdown of -90.45%. Use the drawdown chart below to compare losses from any high point for TK and TNK.

Drawdown Indicators

	TK	TNK	Difference
Max Drawdown Largest peak-to-trough decline	-97.03%	-90.45%	-6.58%
Max Drawdown (1Y) Largest decline over 1 year	-16.68%	-18.88%	+2.20%
Max Drawdown (5Y) Largest decline over 5 years	-36.59%	-52.43%	+15.84%
Max Drawdown (10Y) Largest decline over 10 years	-83.87%	-73.51%	-10.36%
Current Drawdown Current decline from peak	-63.54%	-6.17%	-57.37%
Average Drawdown Average peak-to-trough decline	-47.72%	-58.24%	+10.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.43%	7.15%	-0.72%

Volatility

TK vs. TNK - Volatility Comparison

The current volatility for Teekay Corporation (TK) is 12.97%, while Teekay Tankers Ltd. (TNK) has a volatility of 16.03%. This indicates that TK experiences smaller price fluctuations and is considered to be less risky than TNK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TK	TNK	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.97%	16.03%	-3.06%
Volatility (6M) Calculated over the trailing 6-month period	24.80%	27.03%	-2.23%
Volatility (1Y) Calculated over the trailing 1-year period	37.06%	41.36%	-4.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.37%	45.70%	-3.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.45%	53.87%	+2.58%

Financials

TK vs. TNK - Profitability Comparison

The chart below illustrates the profitability comparison between Teekay Corporation and Teekay Tankers Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Teekay Corporation reported a gross profit of 0.00 and revenue of 257.70M. Therefore, the gross margin over that period was 0.0%.

TNK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Teekay Tankers Ltd. reported a gross profit of 99.79M and revenue of 258.27M. Therefore, the gross margin over that period was 38.6%.

TK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Teekay Corporation reported an operating income of 109.66M and revenue of 257.70M, resulting in an operating margin of 42.6%.

TNK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Teekay Tankers Ltd. reported an operating income of 88.59M and revenue of 258.27M, resulting in an operating margin of 34.3%.

TK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Teekay Corporation reported a net income of 34.97M and revenue of 257.70M, resulting in a net margin of 13.6%.

TNK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Teekay Tankers Ltd. reported a net income of 120.46M and revenue of 258.27M, resulting in a net margin of 46.6%.