Teekay Corporation Ltd. Common Stock (TK) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 22	—	$0.44	—	—	$393.5M	—
Q3 22	—	$0.15	—	—	$303.2M	—
Q2 22	—	$0.05	—	—	$280.8M	—
Q1 22	—	-$0.01	—	—	$212.7M	—
Q4 21	—	$0.08	—	—	$196.5M	—
Q3 21	—	$0.11	—	—	—	—
Q2 21	—	$0.03	—	—	—	—
Q1 21	—	$0.15	—	—	—	—
Q4 20	—	$0.39	—	—	—	—
Q3 20	—	$0.25	—	—	—	—
Q2 20	$0.08	$0.31	+287.5%	—	—	—
Q1 20	—	-$0.24	—	—	—	—
Q4 19	-$0.09	-$0.13	-44.4%	—	—	—
Q3 19	-$0.09	-$0.13	-44.4%	—	—	—
Q2 19	$0.05	-$0.02	-140.0%	—	—	—
Q1 19	—	-$0.11	—	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.14	—	—	$949.5M	—
FY24	—	$1.47	—	—	$1.2B	—
FY23	—	$1.59	—	—	$1.5B	—
FY22	—	$0.77	—	—	$1.2B	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.3B	$1.9B	$1.7B	$1.3B	$1.1B	$682.5M	$1.2B	$1.5B	$1.2B	$949.5M
YoY change	-4.97%	-19.2%	-8.08%	-26.2%	-10.1%	-40.5%	+74.4%	+23.1%	-16.7%	-22.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.3B	1.9B	1.7B	1.3B	1.1B	682.5M	1.2B	1.5B	1.2B	949.5M
Cost of revenue	1.7B	1.5B	1.4B	1.1B	896.9M	732.2M	897.1M	884.3M	826.5M	688.1M
Gross profit	643.2M	388.7M	318.6M	152.8M	249.4M	-49.7M	293M	580.6M	393.9M	261.4M
Gross margin	27.6%	20.7%	18.4%	12%	21.8%	-7.29%	24.6%	39.6%	32.3%	27.5%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	119.9M	106.2M	96.6M	69.7M	64.2M	74.4M	57.6M	57.6M	61.1M	54.8M
Operating expenses	119.9M	106.2M	96.6M	71.3M	67.4M	41.4M	57.6M	57.6M	61.1M	54.8M
Operating income	523.3M	282.5M	222.1M	81.5M	184.3M	-93.7M	238.1M	523M	332.8M	206.6M
Operating margin	22.5%	15%	12.8%	6.39%	16.1%	-13.7%	20%	35.7%	27.3%	21.8%
Non-operating income, net	-134.1M	-537.3M	-14.5M	-280.4M	-115.4M	-120.5M	4.9M	10.4M	39.5M	107.5M
Pretax income	111.1M	-516.8M	-38M	-306.9M	-18.7M	-282.4M	211.1M	529.6M	402M	347.4M
Income tax	24.5M	12.2M	19.7M	17.8M	5.6M	-5M	1.4M	12.2M	405K	-4.6M
Net income	86.7M	-529.1M	-57.7M	-149M	91M	-3.4M	189.4M	517.4M	401.6M	352M
Net margin	3.72%	-28.1%	-3.34%	-11.7%	7.94%	-0.49%	15.9%	35.3%	32.9%	37.1%
EBITDA	1.2B	686.6M	567.7M	165.2M	366.5M	-11.8M	330.6M	644.6M	466.9M	339M
EPS	-1.62	-1.76	-0.79	-3.08	-0.82	0.08	0.77	1.59	1.47	1.14
Diluted EPS	-1.62	-1.76	-0.79	-3.08	-0.82	0.08	0.76	1.54	1.42	1.13

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q2 26
Revenue	280.8M	303.2M	393.5M	418.7M	395.4M	311.7M	339.2M	365.1M	326.1M	272.6M	256.6M	—
Cost of revenue	239M	226.1M	227.8M	222M	221.2M	216.6M	224.5M	219.4M	205.9M	200.9M	200.4M	—
Gross profit	41.7M	77.1M	165.6M	196.7M	174.2M	95.1M	114.7M	145.7M	120.2M	71.8M	56.2M	—
Gross margin	14.9%	25.4%	42.1%	47%	44%	30.5%	33.8%	39.9%	36.9%	26.3%	21.9%	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	14.1M	13.7M	13.7M	15.2M	16.4M	13.8M	12.1M	16.8M	18M	13.9M	12.3M	—
Operating expenses	14.1M	13.7M	13.7M	15.2M	16.4M	13.8M	12.1M	16.8M	18M	13.9M	12.3M	—
Operating income	27.6M	63.5M	154.6M	181.5M	157.7M	81.3M	102.6M	128.9M	102.2M	57.8M	43.9M	—
Operating margin	9.83%	20.9%	39.3%	43.3%	39.9%	26.1%	30.3%	35.3%	31.3%	21.2%	17.1%	—
Non-operating income, net	-1.4M	26.6M	-3.8M	-3.2M	964K	571K	12M	11.9M	3M	-4.4M	29M	—
Pretax income	17.5M	82.4M	144.9M	172.5M	157.5M	82M	117.6M	144.9M	114M	62.6M	80.5M	—
Income tax	-585K	1.5M	1.1M	2.6M	9.1M	-2.1M	2.6M	-2.8M	3.8M	457K	-994K	—
Net income	18.1M	80.9M	143.8M	169.9M	148.4M	84.1M	115M	147.8M	110.3M	62.1M	81.5M	—
Net margin	6.44%	26.7%	36.6%	40.6%	37.5%	27%	33.9%	40.5%	33.8%	22.8%	31.8%	—
EBITDA	52.4M	94.4M	179.4M	209.6M	187.3M	113M	138.2M	161.5M	137.4M	92.5M	75.5M	—
EPS	0.05	0.32	0.39	0.49	0.43	0.28	—	0.59	0.36	0.22	0.29	1.34
Diluted EPS	0.05	0.32	0.38	0.48	0.41	0.27	—	0.57	0.35	0.21	0.28	1.33

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	636.1M	804.6M	—	535.8M	217.3M	320.7M	463.6M	675.6M	632.6M	776.9M	1.2B
Enterprise value	6.9B	5B	—	4.8B	1.1B	1.2B	553.9M	250.1M	-22.9M	-149.4M	1.6B
Shares outstanding	79.2M	86.3M	99.7M	100.7M	101.1M	102.1M	102.1M	94.5M	91.3M	86M	86M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	7.34	—	—	—	2.39	—	2.45	1.31	1.58	2.21	6.49
P/S	0.27	0.43	—	0.42	0.19	0.47	0.39	0.46	0.52	0.82	1.02
P/B	0.16	0.28	—	0.21	0.09	0.13	0.34	0.38	0.33	0.36	1.59
EV/EBITDA	5.83	7.25	—	29	2.96	-103.1	1.68	0.39	-0.05	-0.44	3.23
EV/Sales	2.98	2.65	—	3.76	0.95	1.78	0.47	0.17	-0.02	-0.16	1.42
Earnings yield	13.6%	—	—	—	41.9%	—	40.8%	76.6%	63.5%	45.3%	15.4%
FCF yield	4.44%	-63.4%	—	69.4%	445.5%	17.7%	39.6%	91.7%	61.9%	14%	11.3%
PEG	—	—	—	—	—	—	—	—	—	—	31.1

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	27.6%	20.7%	18.4%	12%	21.8%	-7.29%	24.6%	39.6%	32.3%	27.5%	21.9%
Operating margin	22.5%	15%	12.8%	6.39%	16.1%	-13.7%	20%	35.7%	27.3%	21.8%	46.9%
Net margin	3.72%	-28.1%	-3.34%	-11.7%	7.94%	-0.49%	15.9%	35.3%	32.9%	37.1%	15.8%
ROE	2.12%	-18.4%	-2.01%	-5.79%	3.68%	-0.14%	13.8%	28.7%	20.8%	16.3%	27.1%
ROA	0.68%	-6.54%	-0.69%	-1.85%	1.31%	-0.05%	8.75%	40.6%	32.8%	30.3%	11.3%
ROIC	3.92%	4.01%	2.96%	1.19%	5.52%	-2.81%	16.2%	37.2%	26%	16.7%	26%
Return on tangible assets	0.71%	-6.77%	-0.71%	-1.88%	1.32%	-0.05%	8.96%	41.4%	32.9%	30.4%	18.7%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.78	0.61	1.31	0.98	0.76	1.54	3.55	—	—	—	10.4
Quick ratio	0.78	0.61	1.31	0.98	0.76	1.52	3.28	—	—	—	6.65
Debt / equity	1.72	1.61	1.77	1.9	0.4	0.42	0.45	0.13	0.03	0.02	0.02
Debt / assets	0.55	0.57	0.6	0.6	0.14	0.16	0.28	0.18	0.05	0.04	0.03
Net debt / EBITDA	5.3	6.08	8.16	25.8	2.37	-75.9	0.27	-0.66	-1.4	-2.73	-1.4
Interest coverage	1.39	-0.93	0.85	-1.75	0.79	-3.13	6.47	19.9	54.3	121	54.3
Effective tax rate	22%	0%	0%	0%	0%	0%	0.67%	2.3%	0.1%	0%	0.1%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	29.4	21.8	17.3	12.7	11.3	6.68	11.7	15.5	13.4	11	13.2
EPS (basic)	-1.62	-1.76	-0.79	-3.08	-0.82	0.08	0.77	1.59	1.47	1.14	1.14
EPS (diluted)	-1.62	-1.76	-0.79	-3.08	-0.82	0.08	0.76	1.54	1.42	1.13	2.06
Book value per share	51.6	33.4	28.8	25.5	24.5	23.8	13.4	19.1	21.2	25.1	8.42
FCF per share	0.36	-5.9	-5.13	3.69	9.58	0.55	1.8	6.56	4.29	1.26	4.42
Cash per share	9.12	5.27	4.38	6.23	1.28	1.18	5.09	6.91	7.86	11.3	14.5
Capex per share	3.19	0.85	0.29	0.2	0.6	0.57	0.81	0.11	0.05	0.03	1.06

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	10.9%	3.92%	1.67%	1.57%	5.31%	8.51%	6.94%	0.7%	0.4%	0.32%	7.72%
Capex / operating cash flow	33.6%	-161.2%	16.3%	-14.8%	31.5%	-30%	35.2%	1.62%	1.04%	0.99%	19.7%
Payout ratio	20.1%	-3.59%	-38.2%	-3.71%	0%	0%	—	0%	21.2%	24.2%	0%
Dividend yield	2.74%	2.36%	—	1.03%	0%	0%	—	0%	13.4%	11%	28.5%

Yield

28.5%

trailing twelve months

Frequency

Quarterly

Last dividend

$1.00

ex-dividend May 26, 2026

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
May 26, 2026	$1.00
Jul 2, 2025	$1.00
Dec 4, 2024	$1.00

Period	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q2 26
Revenue	$280.8M	$303.2M	$393.5M	$418.7M	$395.4M	$311.7M	$339.2M	$365.1M	$326.1M	$272.6M	$256.6M	—
YoY change	+83.3%	+104.4%	+100.3%	+96.8%	+40.8%	+2.8%	-13.8%	-12.8%	-17.5%	-12.5%	-24.4%	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	722.8M	455.3M	436.8M	627.2M	129.6M	121M	519.9M	652.7M	717.8M	972.7M
Receivables	295.4M	159.9M	174M	200M	142.8M	60M	140.8M	117.8M	83.3M	83.2M
Inventory	—	—	—	—	—	49M	60.8M	53.2M	46M	29.4M
Total current assets	1.3B	832.7M	898M	1.1B	690M	5.1B	823.6M	—	—	—
Property, plant & equipment	9.1B	5.2B	5.5B	5B	1.6B	1.4B	1.3B	1.2B	1.2B	1B
Goodwill & intangibles	531.6M	273.4M	242.9M	163M	75.4M	51.9M	50.2M	24.4M	5.5M	4.9M
Total assets	12.8B	8.1B	8.4B	8.1B	6.9B	6.5B	2.2B	1.3B	1.2B	1.2B
Accounts payable	53.5M	24.1M	31.2M	135.5M	119.3M	41.1M	47.4M	34M	25.7M	20M
Short-term debt	1B	964.2M	419.5M	752.4M	112M	318.9M	100.2M	58.9M	24.9M	21.1M
Total current liabilities	1.6B	1.4B	686.1M	1.2B	903M	3.3B	232.3M	172.8M	132.6M	134.7M
Long-term debt	6B	3.7B	4.6B	4.1B	885.4M	697.2M	510M	168.3M	37.4M	25.3M
Total liabilities	8.7B	5.2B	5.5B	5.5B	4.5B	4.1B	795.2M	396.3M	217.9M	197.5M
Shareholders' equity	4.1B	2.9B	2.9B	2.6B	2.5B	2.4B	1.4B	1.8B	1.9B	2.2B
Total debt	7B	4.6B	5.1B	4.9B	997.5M	1B	610.2M	227.2M	62.3M	46.4M
Net debt	6.5B	4.2B	4.6B	4.5B	868.7M	907M	300.3M	-252.9M	-623M	-894.4M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Cash & short-term investments	331.6M	375.6M	429.6M	519.9M	460.8M	451.2M	511.2M	652.7M	661.1M	755.3M	743.9M	717.8M
Receivables	153.4M	116M	95M	140.8M	180.8M	151.7M	134.9M	117.8M	109.1M	115.3M	94.4M	83.3M
Inventory	62.7M	84.7M	66.2M	60.8M	64.4M	56.8M	51.7M	53.2M	54.9M	49.8M	45.4M	46M
Total current assets	581.6M	665.7M	691.3M	823.6M	808.3M	753.7M	770.2M	921.9M	963.7M	1B	986.4M	927.1M
Property, plant & equipment	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.2B	1.2B	1.2B	1.2B	1.2B
Goodwill & intangibles	—	21.9M	26.2M	50.2M	23.8M	26.4M	23.9M	24.4M	28M	36.9M	—	5.5M
Total assets	2B	2B	2B	2.2B	2.2B	2.1B	2.1B	2.2B	2.2B	2.2B	2.2B	2.2B
Accounts payable	131.7M	38.8M	37.7M	47.4M	47.7M	40.6M	32.5M	34M	30M	31.8M	25.7M	25.7M
Short-term debt	110M	117.7M	118M	100.2M	76.4M	68.2M	62.2M	58.9M	33.8M	35.9M	30.9M	24.9M
Total current liabilities	241.7M	264.9M	235.8M	232.3M	208.8M	182.1M	165.5M	172.8M	130.4M	148.3M	144.3M	132.6M
Long-term debt	537.7M	547M	502.8M	510M	387.5M	242.6M	180.2M	168.3M	46.1M	41.2M	36.1M	37.4M
Total liabilities	846M	864.3M	789.3M	795.2M	647.9M	482M	398.8M	396.3M	228.6M	243.1M	230M	217.9M
Shareholders' equity	1.1B	1.1B	1.2B	1.4B	1.5B	1.6B	1.7B	1.8B	1.9B	2B	2B	1.9B
Total debt	647.7M	664.7M	620.8M	610.2M	463.9M	310.8M	242.4M	227.2M	80M	77.1M	67.1M	62.3M
Net debt	536.1M	521.1M	438M	300.3M	211.4M	-4.1M	-173.7M	-252.9M	-470.7M	-612.1M	-624.6M	-623M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	86.7M	-529.1M	-57.7M	-324.7M	-24.3M	-277.5M	209.6M	517.4M	401.6M	352M
Depreciation & amortization	571.8M	485.8M	276.3M	153.9M	131.4M	106.1M	99M	97.6M	93.6M	86.6M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	85.8M	-16.4M	-16.2M	58.3M	26.4M	5.5M	-74.6M	1.3M	3.7M	-9.4M
Operating cash flow	751.9M	-45.7M	177.4M	-135.2M	193.2M	-193.8M	234.5M	629.8M	467.2M	301.8M
Capital expenditure	252.7M	73.7M	28.8M	20M	60.9M	58.1M	82.6M	-10.2M	-4.8M	-3M
Investing cash flow	117.8M	-27.6M	41.2M	147.6M	80.6M	61.1M	324.4M	31.1M	139.2M	-99.7M
Dividends paid	-17.4M	-19M	-22.1M	-5.5M	0	0	—	0	-85M	-85.3M
Share repurchases	0	0	0	0	0	-4.7M	-20.6M	-55.5M	-116.3M	-4.9M
Financing cash flow	237.3M	482.9M	538.4M	-491.6M	-746.3M	-18.6M	-615.9M	-576.2M	-422.2M	-143M
Net change in cash	1.1B	409.6M	757.1M	-479.3M	-472.5M	-151.3M	-57.1M	84.7M	184.2M	59.1M
Free cash flow	28.2M	-509.8M	-511.7M	371.7M	968M	56.7M	183.7M	619.6M	391.8M	108.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Net income	-33.1M	18.1M	80.9M	143.8M	169.9M	148.4M	84.1M	115M	147.8M	110.3M	62.1M	81.5M
Depreciation & amortization	25.1M	25.2M	24.3M	24.5M	24M	24.4M	24.6M	24.6M	23.3M	22.4M	23.4M	24.4M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-50.5M	-38.9M	-15.2M	—	-44.8M	13.6M	35.9M	—	-26.6M	28.8M	45.5M	—
Operating cash flow	-42.6M	-10M	90.1M	166.9M	155.4M	204.3M	136.1M	126.3M	142M	160.5M	115.7M	60.6M
Capital expenditure	16M	28.5M	38.1M	0	0	0	0	23.6M	23.4M	-7.1M	-63.5M	-295K
Investing cash flow	705.6M	-432.3M	13.1M	32M	1.7M	73.8M	2M	23.6M	85.6M	57.2M	-67.1M	42M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-5.3M	0	-5.3M	-10.1M	-14.8M	-33.1M	-3.5M	-4.1M	-86K	0	-56.6M	-59.6M
Financing cash flow	-400M	-56M	-135.8M	-47.7M	-239.1M	-246M	-73.5M	-15.5M	-147.7M	-58.3M	-65.5M	-65.7M
Net change in cash	263M	-498.3M	-32.5M	151.2M	-81.9M	32.2M	64.6M	134.4M	80M	159.5M	-17M	36.9M
Free cash flow	-19.3M	-1.2M	64.3M	140M	155M	202M	132.9M	133.4M	129.8M	150.2M	51.5M	60.3M

Teekay Corporation Ltd. Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history