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Teekay Tankers vs Viking: revenue, profit, margins and growth compared

Teekay Tankers brought in $951.8M of revenue in fiscal 2025, Viking $6.5B in fiscal 2025. Revenue changed by -22.6% at Teekay Tankers and +21.9% at Viking on the year before, so Viking grew faster. Teekay Tankers kept 36.9% of its revenue as net profit, Viking 17.7%.

Side by side, latest fiscal year

TNKVIK
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$951.8M$6.5B
Revenue growth-22.6%+21.9%
Net income$351.2M$1.1B
Net margin36.9%17.7%
Free cash flow$115.6Mn/a
Free cash flow margin12.1%n/a
Earnings per share (diluted)$10.10$2.57
Cash$830.6M$3.8B
Debtn/a$5.7B
Price to earningsn/an/a
Market value$3.3B$35.8B
Dividend yieldn/an/a
Rank by revenue in sector#471 of 778 · Consumer discretionary#165 of 778 · Consumer discretionary

Over the years

Revenue
TNK FY2018: $776.5MTNK FY2019: $943.9MTNK FY2020: $886.4MTNK FY2021: $542.4MTNK FY2022: $1.2BTNK FY2023: $1.5BTNK FY2024: $1.2BTNK FY2025: $951.8MVIK FY2022: $3.2BVIK FY2024: $4.7BVIK FY2024: $5.3BVIK FY2025: $6.5BFY18FY19FY20FY21FY22FY23FY24FY25
TNK $951.8MVIK $6.5B
Net income
TNK FY2018: -$52.5MTNK FY2019: $41.4MTNK FY2020: $87.3MTNK FY2021: -$242.4MTNK FY2022: $235.4MTNK FY2023: $519.9MTNK FY2024: $403.7MTNK FY2025: $351.2MVIK FY2022: $414.7MVIK FY2024: -$1.9BVIK FY2024: $152.3MVIK FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25
TNK $351.2MVIK $1.1B
Net margin
TNK FY2018: -6.8%TNK FY2019: 4.4%TNK FY2020: 9.9%TNK FY2021: -44.7%TNK FY2022: 20.0%TNK FY2023: 35.3%TNK FY2024: 32.8%TNK FY2025: 36.9%VIK FY2022: 13.1%VIK FY2024: -39.3%VIK FY2024: 2.9%VIK FY2025: 17.7%FY18FY19FY20FY21FY22FY23FY24FY25
TNK 36.9%VIK 17.7%
Revenue growth
TNK FY2019: +21.6%TNK FY2020: -6.1%TNK FY2021: -38.8%TNK FY2022: +117.2%TNK FY2023: +25.1%TNK FY2024: -16.6%TNK FY2025: -22.6%VIK FY2024: +48.3%VIK FY2024: +13.2%VIK FY2025: +21.9%FY19FY20FY21FY22FY23FY24FY25
TNK -22.6%VIK +21.9%
Free cash flow
TNK FY2018: -$13.1MTNK FY2019: $106MTNK FY2020: $331.9MTNK FY2021: -$128.8MTNK FY2022: $199.7MTNK FY2023: $631.2MTNK FY2024: $401.4MTNK FY2025: $115.6MFY18FY19FY20FY21FY22FY23FY24FY25
TNK $115.6MVIK

Fiscal years as each company reports them; the two may end in different months.

Questions about Teekay Tankers and Viking

Which is bigger by revenue, Teekay Tankers or Viking?

Viking is bigger by revenue: $6.5B in fiscal 2025, against $951.8M for Teekay Tankers in fiscal 2025.

Which keeps more of its revenue as profit, Teekay Tankers or Viking?

Teekay Tankers had a net margin of 36.9% in fiscal 2025; Viking had 17.7% in fiscal 2025.

Which grew revenue faster, Teekay Tankers or Viking?

In their latest fiscal years revenue changed by -22.6% at Teekay Tankers and +21.9% at Viking.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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