See more : Titan Mining Corporation (TI.TO) Income Statement Analysis – Financial Results
Complete financial analysis of Teekay Corporation (TK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Teekay Corporation, a leading company in the Oil & Gas Midstream industry within the Energy sector.
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Teekay Corporation (TK)
About Teekay Corporation
Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company provides a full suite of ship-to-ship transfer services in the oil, gas, and dry bulk industries; lightering and lightering support; and operational and maintenance marine, as well as offshore production services. As of March 1, 2022, it operated a fleet of approximately 55 vessels. The company primarily serves energy and utility companies, major oil traders, large oil consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Bermuda.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.46B | 1.19B | 682.51M | 1.82B | 1.92B | 1.71B | 1.88B | 2.33B | 2.45B | 1.99B | 1.83B | 1.96B | 1.95B | 2.07B | 2.17B | 3.19B | 2.41B | 2.01B | 1.95B | 2.22B | 1.58B | 783.33M | 1.04B | 893.23M | 248.35M | 406.04M | 382.25M | 336.32M | 320.00M |
| Cost of Revenue | 884.34M | 897.15M | 732.24M | 1.26B | 1.46B | 1.39B | 1.49B | 1.69B | 1.61B | 1.43B | 1.45B | 1.46B | 1.07B | 875.64M | 895.61M | 1.41B | 992.72M | 1.18B | 1.09B | 1.11B | 909.98M | 457.44M | 470.41M | 427.92M | 129.46M | 181.91M | 178.08M | 160.92M | 161.70M |
| Gross Profit | 580.63M | 293.03M | -49.73M | 559.82M | 466.62M | 318.63M | 388.69M | 643.24M | 842.51M | 566.63M | 376.98M | 501.20M | 885.30M | 1.19B | 1.27B | 1.78B | 1.41B | 831.32M | 860.71M | 1.11B | 666.12M | 325.89M | 568.64M | 465.31M | 118.89M | 224.12M | 204.17M | 175.40M | 158.30M |
| Gross Profit Ratio | 39.63% | 24.62% | -7.29% | 30.83% | 24.27% | 18.66% | 20.67% | 27.62% | 34.38% | 28.42% | 20.60% | 25.62% | 45.31% | 57.68% | 58.67% | 55.77% | 58.75% | 41.29% | 44.03% | 50.07% | 42.26% | 41.60% | 54.73% | 52.09% | 47.87% | 55.20% | 53.41% | 52.15% | 49.47% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 57.59M | 57.55M | 74.39M | 79.23M | 81.44M | 96.56M | 106.15M | 119.89M | 133.18M | 140.92M | 140.96M | 202.97M | 223.62M | 193.74M | 212.48M | 244.52M | 238.15M | 177.92M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 259.12M | 429.32M | 612.12M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 57.59M | 57.55M | 74.39M | 79.23M | 81.44M | 96.56M | 106.15M | 119.89M | 133.18M | 140.92M | 140.96M | 202.97M | 223.62M | 452.86M | 641.80M | 856.65M | 238.15M | 177.92M | 159.71M | 130.74M | 85.15M | 57.25M | 48.90M | 37.48M | 27.02M | 21.54M | 19.21M | 16.75M | 11.00M |
| Other Expenses | -8.68M | -7.88M | -32.95M | 26.88M | -14.48M | -2.01M | -3.98M | -39.01M | 1.57M | -1.15M | 5.65M | 366.00K | 428.61M | 440.71M | 449.81M | 418.80M | 796.48M | 223.97M | 205.53M | 237.50M | 184.27M | 149.30M | 136.28M | 100.15M | 197.76M | 94.94M | 90.70M | 83.60M | 96.40M |
| Operating Expenses | 57.59M | 57.55M | 41.44M | 79.23M | 81.44M | 96.56M | 106.15M | 119.89M | 133.18M | 138.40M | 140.96M | 202.97M | 652.22M | 893.57M | 1.11B | 1.28B | 1.03B | 401.88M | 365.24M | 368.24M | 269.41M | 206.54M | 185.18M | 137.63M | 224.78M | 116.48M | 109.91M | 100.35M | 107.40M |
| Cost & Expenses | 933.25M | 954.70M | 773.67M | 1.34B | 1.54B | 1.49B | 1.60B | 1.81B | 1.74B | 1.57B | 1.59B | 1.66B | 1.72B | 1.77B | 2.00B | 2.69B | 2.03B | 1.58B | 1.46B | 1.48B | 1.18B | 663.98M | 655.59M | 565.55M | 354.24M | 298.40M | 287.99M | 261.27M | 269.10M |
| Interest Income | 24.13M | 6.69M | 169.00K | 8.34M | 7.80M | 8.53M | 6.29M | 4.82M | 5.99M | 6.83M | 9.71M | 6.16M | 10.08M | 13.00M | 20.00M | 273.65M | 110.20M | 56.22M | 33.94M | 0.00 | 3.92M | 0.00 | 0.00 | 13.02M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 28.01M | 38.58M | 68.41M | 225.65M | 279.06M | 254.13M | 268.40M | 282.97M | 242.47M | 208.53M | 181.40M | 167.62M | 137.60M | 136.11M | 141.45M | 994.97M | 26.01M | 171.64M | 132.43M | 0.00 | 81.00M | 11.48M | 10.11M | 74.54M | 4.01M | 11.24M | 2.82M | 0.00 | 0.00 |
| Depreciation & Amortization | 97.55M | 99.03M | 106.08M | 131.38M | 290.67M | 276.31M | 485.83M | 571.83M | 509.50M | 422.90M | 431.09M | 455.90M | 428.61M | 440.71M | 436.83M | 344.38M | 329.11M | 223.97M | 205.53M | 237.50M | 191.24M | 149.30M | 136.28M | 100.15M | -68.30M | 94.94M | 90.70M | 83.60M | -96.40M |
| EBITDA | 655.15M | 348.67M | -107.93M | 201.71M | 654.65M | 431.36M | 274.73M | 880.28M | 1.04B | 637.49M | 650.83M | 297.99M | 194.08M | 403.84M | 569.31M | 1.16B | 802.08M | 666.16M | 923.15M | 1.14B | 580.97M | 273.17M | 519.75M | 427.83M | -37.59M | 65.21M | 202.58M | 149.42M | 88.30M |
| EBITDA Ratio | 44.72% | 28.03% | -1.73% | 47.05% | 34.05% | 33.14% | 39.00% | 24.68% | 33.45% | 28.19% | 21.20% | 19.63% | 32.58% | 35.87% | 23.05% | 36.38% | 29.13% | 35.03% | 26.97% | 38.88% | 46.33% | 35.76% | 49.05% | 47.46% | -13.52% | 47.13% | 47.65% | 44.43% | 40.19% |
| Operating Income | 531.73M | 245.77M | -185.35M | 593.15M | 363.98M | 164.32M | 6.70M | 384.29M | 625.13M | 427.16M | 62.75M | -150.39M | 98.11M | 234.12M | 165.83M | 215.72M | 397.90M | 421.85M | 631.78M | 821.19M | 299.93M | 119.35M | 383.46M | 327.68M | 34.72M | 107.64M | 94.26M | 75.05M | 225.00M |
| Operating Income Ratio | 36.30% | 20.65% | -27.16% | 32.67% | 18.93% | 9.62% | 0.36% | 16.50% | 25.51% | 21.42% | 3.43% | -7.69% | 5.02% | 11.32% | 7.65% | 6.75% | 16.53% | 20.95% | 32.32% | 37.00% | 19.03% | 15.24% | 36.90% | 36.68% | 13.98% | 26.51% | 24.66% | 22.31% | 70.31% |
| Total Other Income/Expenses | -2.14M | -34.71M | -97.07M | -333.32M | -510.90M | -202.34M | -523.54M | -273.16M | -236.44M | -292.98M | -24.39M | -175.13M | -470.24M | -407.10M | 62.88M | -731.79M | -224.72M | -151.30M | -136.30M | -42.43M | -142.26M | -16.00M | 10.11M | 3.86M | 136.60M | 11.24M | -10.56M | -9.98M | 168.65M |
| Income Before Tax | 529.59M | 211.05M | -282.43M | 99.97M | -124.72M | -38.02M | -466.84M | 111.13M | 388.69M | 134.18M | 38.35M | -325.52M | -382.43M | -172.98M | 232.67M | -516.07M | 405.28M | 370.08M | 495.47M | 742.93M | 396.71M | 107.87M | 393.57M | 331.54M | 30.71M | 118.88M | 97.08M | 84.28M | 243.70M |
| Income Before Tax Ratio | 36.15% | 17.73% | -41.38% | 5.51% | -6.49% | -2.23% | -24.83% | 4.77% | 15.86% | 6.73% | 2.10% | -16.64% | -19.57% | -8.36% | 10.74% | -16.16% | 16.84% | 18.38% | 25.35% | 33.48% | 25.17% | 13.77% | 37.88% | 37.12% | 12.37% | 29.28% | 25.40% | 25.06% | 76.16% |
| Income Tax Expense | 12.16M | 1.42M | -4.96M | 8.99M | 24.26M | 19.72M | 12.23M | 24.47M | -16.77M | 10.17M | 2.87M | -14.41M | 4.29M | -6.34M | 22.89M | -56.18M | 190.65M | 47.32M | -381.77M | -132.00M | 280.61M | 77.43M | 36.84M | -20.75M | 54.32M | 25.90M | 48.80M | 36.75M | 218.60M |
| Net Income | 150.64M | 209.64M | -277.46M | 90.98M | -148.99M | -79.24M | -151.72M | -123.18M | 82.15M | -54.76M | -114.74M | -160.18M | -368.92M | -267.29M | 114.48M | -469.46M | 181.25M | 262.24M | 570.90M | 757.44M | 177.36M | 53.39M | 336.52M | 270.02M | -19.60M | 70.50M | 42.63M | 29.07M | 6.40M |
| Net Income Ratio | 10.28% | 17.61% | -40.65% | 5.01% | -7.75% | -4.64% | -8.07% | -5.29% | 3.35% | -2.75% | -6.27% | -8.19% | -18.88% | -12.92% | 5.28% | -14.70% | 7.53% | 13.03% | 29.21% | 34.13% | 11.25% | 6.82% | 32.39% | 30.23% | -7.89% | 17.36% | 11.15% | 8.64% | 2.00% |
| EPS | 1.58 | 2.05 | -2.72 | 0.90 | -1.48 | -0.79 | -1.76 | -1.56 | 1.13 | -0.76 | -1.63 | -2.31 | -5.25 | -3.67 | 1.58 | -6.48 | 0.87 | 3.58 | 7.30 | 9.14 | 2.22 | 0.68 | 4.24 | 3.51 | -0.27 | 1.23 | 0.76 | 0.58 | 0.09 |
| EPS Diluted | 1.54 | 2.05 | -2.72 | 0.90 | -1.48 | -0.79 | -1.76 | -1.56 | 1.12 | -0.76 | -1.63 | -2.31 | -5.25 | -3.67 | 1.57 | -6.48 | 0.85 | 3.49 | 6.83 | 8.63 | 2.18 | 0.67 | 4.16 | 3.43 | -0.27 | 1.22 | 0.75 | 0.58 | 0.09 |
| Weighted Avg Shares Out | 94.48M | 102.12M | 102.15M | 101.05M | 100.72M | 99.67M | 86.29M | 79.20M | 72.67M | 72.05M | 70.39M | 69.26M | 70.23M | 72.86M | 72.55M | 72.49M | 73.38M | 73.18M | 78.20M | 82.83M | 79.99M | 79.26M | 79.41M | 76.93M | 72.77M | 57.32M | 56.05M | 49.74M | 72.00M |
| Weighted Avg Shares Out (Dil) | 96.64M | 102.12M | 102.15M | 101.05M | 100.72M | 99.67M | 86.34M | 79.21M | 73.19M | 72.07M | 70.46M | 69.26M | 70.23M | 72.86M | 73.06M | 72.49M | 74.74M | 75.13M | 83.55M | 87.73M | 81.47M | 80.50M | 80.98M | 78.72M | 72.81M | 57.79M | 56.80M | 49.74M | 72.00M |
Teekay: Discounted Bet On The Medium-Size Crude Tanker Markets - Buy (Rating Upgrade)
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Teekay Corporation (TK) Q2 2024 Earnings Call Transcript
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