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Monday 9 November 2026 Export TK’s income statement to Excel — free account

Teekay Corporation Ltd.

TK

Energy Oil & Gas Midstream

Teekay Corporation Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $949.5 million, down 22.2% from fiscal 2024.

Revenue
−24.4%
EPS
−23.7%
Free cash flow
+211.7%

Quarter to June 2026, against a year earlier

12.84 0.19 +1.50%
Market cap
$1.1B
P/E
8.7×
Fwd P/E
41.1×
Dividend yield
0.00%
F-score
6/9
ROIC
0.00%
Net debt / EBITDA
−2.5×
Dividend safety
45/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Net sold
$7.5M
Trades
11 sells · 0 buys
Ownership
39.2%

Capital & Financial Ratios $m

Size
Market Cap 1,110
Revenue ttm 1,220
Net income ttm 661
Free cash flow ttm 912
Net debt Q (1,261)
Valuation
P/E 8.7
Forward P/E 41.1 (above 35: high)
Price / sales 0.9
Forward P/S Powerpack
Price / FCF 1.3
Price / book 0.5
Financial health
Current ratio Q 10.4 (at or above 1.5: strong)
Debt / equity Q 0.0 (at or below 0.5: strong)
Interest coverage Q 88.1
Growth
Revenue growth Q −24.4% (below 0%: shrinking)
Operating income growth Q −37.7% (below 0%: shrinking)
EPS, this year —
EPS, next year A —
Revenue, next year A −62.4% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +12.0%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.0×, against a ten-year median of 1.8×; over the ten years it ranged from −0.2× in 2026 to 20.5× in 2021.
P/E against its own 10 years 73.36%
10-year low 10-year high
P/S against its own 10 years 94.50%
10-year low 10-year high
P/B against its own 10 years 93.91%
10-year low 10-year high
EV/Sales against its own 10 years 0.61%
10-year low 10-year high
EV/FCF against its own 10 years 0.62%
10-year low 10-year high

Dividends

Yield
0.00%
Annual rate
0.00
Payout ratio
—
Growth, 2016–24
+33.7%/yr
  1. 0.22 ’16
  2. 0.22 ’17 +0
  3. 0.22 ’18 +0
  4. 0.06 ’19 −75
  5. 0.00 ’20 −100
  6. 0.00 ’21
  7. 0.00 ’22
  8. 2.25 ’24
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 653 721 973 1,272
Receivables 118 83 83 86
Inventory 53 46 29 38
Other 82 63 94 116
922 927 1,197 1,525
2023 2024 2025 Q'26
Payables 34 26 20 31
ST’ Debt — — — 11
Other — 6 9 —
173 133 135 147

Compound Annual Growth %

10y 5y 3y
Sales (9.04%) (3.70%) (7.25%)
Cash Flow (8.95%) (21.05%) 14.86%
Earnings 1.82% 0.00% 7.76%
Book Value (5.23%) (2.63%) 16.45%

Earnings Trends EPS, adjusted, against the consensus

Dec 2018 Estimate 0.00 Actual −0.02

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Mar 2018 −0.08 −0.19 Miss by 0.11
Jun 2018 −0.34 −0.21 Beat by 0.13
Sep 2018 0.11 −0.11 Miss by 0.22
Dec 2018 0.00 −0.02 Miss by 0.02

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 1.14
’24 0.57 0.35 0.21 0.28 1.42
’23 0.48 0.41 0.27 0.37 1.54
’22 0.01 0.05 0.32 0.38 0.76
’21 0.28 (0.02) (0.03) (0.17) 0.08
’20 (0.49) 0.21 (0.35) (0.19) (0.82)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 950
’24 365 326 273 257 1,220
’23 419 395 312 339 1,465
’22 213 281 303 393 1,190
’21 184 153 148 196 683
’20 574 483 397 (307) 1,146
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — 364 — — —
’25 — 131 — — 302
’24 130 161 116 61 467
’23 155 204 136 134 630
’22 (15) 2 68 144 199
’21 (21) 39 28 32 78
’20 439 337 118 90 984
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — 490 — — —
’25 — 252 — — 454
’24 153 157 44 126 481
’23 155 202 133 153 643
’22 (3) 27 102 140 266
’21 11 33 32 39 115
’20 491 333 113 117 1,054
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 2,329 1,880 1,728 1,945 1,146 683 1,190 1,465 1,220 950 1,220 (9.5%) — — — —
Gross margin, % 52.18 46.51 34.42 38.99 33.22 8.26 32.94 46.29 39.94 36.65 39.94 (15.5) pt
EBT 111 (517) (38) (124) (19) (282) 211 530 402 347 402 +13.5%
EBT margin, % 4.77 (27.49) (2.20) (6.35) (1.64) (41.38) 17.73 36.15 32.94 36.59 32.94 +31.8 pt
Net income 87 (529) (58) (149) (24) (277) 210 517 402 352 661 +16.9%
Per share, $
Per share, $ Revenue 29.40 21.78 17.34 19.32 11.34 6.68 11.65 15.50 13.37 11.04 13.37 (10.3%)
Earnings (1.62) (1.76) (0.79) (3.08) (0.82) 0.08 0.77 1.59 1.47 1.14 1.46 n/m
Cash flow 7.84 6.30 1.83 3.81 9.74 0.76 1.95 6.67 5.12 3.51 0.00 (8.5%)
Capex (5.00) (11.35) (6.67) (0.77) 0.69 0.36 0.66 0.14 0.15 1.77 0.00 n/m
Free cash flow 2.84 (5.05) (4.84) 3.03 10.43 1.12 2.61 6.81 5.27 5.27 0.00 +7.1%
Book value 51.63 33.35 28.77 25.53 24.46 23.81 13.41 19.05 21.20 25.13 0.00 (7.7%)
Shares, m 79 86 100 101 101 102 102 94 91 86 92 +0.9%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 39.25 5.78 4.60 4.75 6.18 8.66 6.1
P/S 0.29 0.45 0.19 0.28 0.19 0.47 0.38 0.47 0.52 0.68 0.95 0.4
P/B 0.17 0.29 0.12 0.21 0.09 0.13 0.33 0.38 0.33 0.42 0.47 0.2
EV/Sales 2.94 2.56 2.79 2.29 0.84 1.70 0.36 0.15 0.08 0.06 0.01 1.4
EV/FCF 30.36 (11.05) (9.99) 14.61 0.91 10.12 1.59 0.33 0.19 0.13 0.01 3.7
Cash, $m
Cash, $m Operating cash flow 621 544 182 383 984 78 199 630 467 302 671 (7.7%)
Capex (396) (980) (665) (78) 70 37 67 13 13 152 241 n/m
Free cash flow 225 (436) (483) 305 1,054 115 266 643 481 454 912 +8.1%
Balance, $m
Balance, $m Working capital (365) (532) 212 (21) (213) 1,800 591 749 794 1,062 1,378 n/m
Net debt 6,152 3,970 4,489 3,924 742 841 (30) (534) (721) (973) (1,261) n/m
Shareholders’ equity 4,089 2,880 2,867 2,572 2,471 2,432 1,370 1,800 1,935 2,163 2,431 (6.8%)
Returns, %
Returns, % ROA (0.99) (1.56) (0.96) (3.77) (1.10) 0.12 1.80 6.91 6.15 4.35 0.00 +5.3 pt
ROIC 2.35 2.53 1.40 1.96 1.37 (3.54) 11.46 26.25 18.81 15.92 0.00 +13.6 pt
ROE (3.29) (4.69) (2.76) (11.42) (3.29) 0.32 4.12 9.50 7.16 4.79 0.00 +8.1 pt
People
People Employees 6,800 7,200 4,800 5,050 5,350 2,500 2,500 2,300 2,300 2,130 — (12.1%)
Revenue/emp, $m 0.34 0.26 0.36 0.39 0.21 0.27 0.48 0.64 0.53 0.45 — +3.0%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2024

Teekay Corporation Ltd. vs peers in Oil & Gas Midstream (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GEL Genesis Energy, L.P. $1.6B 67.7× — (loss-making) +40.98% (above 0%: growing) n/m +2,417.50% (above 0%: growing) 32.06% 19.82% Compare
GLP Global Partners LP $1.5B 9.1× 7.5× +42.39% (above 0%: growing) +240.00% (above 0%: growing) +88,590.38% (above 0%: growing) 4.43% 1.25% Compare
NAT Nordic American Tankers Limited $1.4B 11.3× 8.6× +133.96% (above 0%: growing) n/m +197.49% (above 0%: growing) 83.25% 82.06% Compare
FLNG Flex LNG Ltd. $1.4B 13.7× 11.1× +24.21% (above 0%: growing) +151.52% (above 0%: growing) +185.57% (above 0%: growing) 76.00% 55.68% Compare
PBT Permian Basin Royalty Trust $1.4B 82.7× 21.9× +34.59% (above 0%: growing) +60.00% (above 0%: growing) — 100.00% 92.68% Compare
TEN Tsakos Energy Navigation Ltd $1.3B 4.5× 3.3× +54.37% (above 0%: growing) +556.72% (above 0%: growing) +185.92% (above 0%: growing) 62.31% 54.53% Compare
NVGS Navigator Holdings Ltd. $1.2B 6.6× 5.6× +1.27% (above 0%: growing) +160.38% (above 0%: growing) +285.64% (above 0%: growing) 49.79% 23.29% Compare
TK Teekay Corporation Ltd. $1.1B 8.7× 41.1× −24.36% (below 0%: shrinking) −23.68% (below 0%: shrinking) +211.73% (above 0%: growing) 31.43% 27.41%
SBR Sabine Royalty Trust $958.2M 13.4× 12.4× +16.53% (above 0%: growing) +17.21% (above 0%: growing) — 100.00% 95.66% Compare
Median of peers $1.4B 12.4× 8.6× +37.79% +155.95% +241.57% 69.16% 55.11%

All 57 Oil & Gas Midstream stocks →

Teekay Corporation Ltd. (TK) Latest News

27 Oct

Impact 3 · · GlobeNewswire

18 Oct

Impact 3 · · Simply Wall St.

22 Sep

Impact 3 · · The Motley Fool

7 Aug

Impact 3 · · The Motley Fool transcript

5 Aug

Impact 3 ·

1 Aug

Impact 3 ·

31 Jul

Impact 3 · · MarketBeat

30 Jul

Impact 4 ·
Impact 3 ·
Impact 3 · · Moby transcript

29 Jul

Impact 3 ·

21 May

Impact 3 · · Simply Wall St.

15 May

Impact 3 · · MarketBeat

14 May

Impact 4 · · GuruFocus.com
Impact 4 · · The Motley Fool transcript
Impact 4 · · Moby

13 May

Impact 4 · · GlobeNewswire

23 Feb

Impact 3 · · MarketBeat

19 Feb

Impact 4 · · GuruFocus.com
Impact 4 · · Moby

18 Feb

Impact 4 · · GlobeNewswire

4 Feb

Impact 3 · · GlobeNewswire

8 Dec

Impact 3 · · Simply Wall St.

18 Nov

Impact 4 · · Simply Wall St.

1 Nov

Impact 4 · · The Motley Fool transcript

30 Oct

Impact 4 · · GuruFocus.com transcript
Impact 4 · · The Motley Fool transcript

29 Oct

Impact 4 · · GlobeNewswire

28 Oct

Impact 4 · · Simply Wall St.

20 Sep

Impact 4 ·
stockrow.com/TK · Data as of Dec 31, 2024 · For information only; not investment advice. · © 2026 stockrow.com