Teekay Corporation(TK)Earnings, Financials & Key Ratios
TK•NYSE
$10.71
9.5× P/E·Price updated Jul 7, 2026
AboutTeekay 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.Show more
- Revenue$950M-22.2%
- EBITDA$293M-36.1%
- Net Income$98M-26.7%
- EPS (Diluted)1.13-20.4%
- Gross Margin27.53%-14.7%
- EBITDA Margin30.89%-17.9%
- Operating Margin21.76%-27.3%
- Net Margin10.33%-5.7%
- ROE4.79%-33.1%
TK Price & Volume
Teekay Corporation (TK) stock price & volume — 10-year historical chart
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Asset Divestment Strategy Masks Operational Margin Contraction
Investment Thesis • Updated 2025Q2
VerdictNeutral
Growth:Contracting
Profitability:Strained
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Capital allocation and obsolescence
Key Thesis Takeaways
- Teekay Corporation is currently navigating a significant transition characterized by aggressive deleveraging and a shrinking operational footprint, as evidenced by the reduction of total debt to $40.7 million in 2025Q2.
- While the company maintains a fortress balance sheet with $851.5 million in cash, the persistent 29.0% year-over-year revenue contraction and volatile net income suggest that the firm is struggling to find a sustainable growth path.
- Investors should monitor whether the company's substantial liquidity will be deployed for value-accretive opportunities or if the current conglomerate discount will persist due to the lack of clear capital allocation.
Verdict Logic
while the company's P/B ratio of 0.43 suggests potential undervaluation, the 29.0% revenue decline and lack of clear capital deployment strategy warrant caution until management provides a definitive path for its $851.5 million cash hoard.
TK Growth Metrics
Teekay Corporation (TK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-9.04%
5 Years-12.16%
3 Years-7.25%
TTM-26.05%
Profit CAGR
10 Years1.79%
5 Years-
3 Years7.76%
TTM-47.4%
EPS CAGR
10 Years0.09%
5 Years-
3 Years14.14%
TTM-42.31%
Return on Capital
10 Years6.55%
5 Years12.03%
3 Years18.2%
Last Year9.65%
TK Recent Earnings
Teekay Corporation (TK) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (100%)●Beat Revenue 0/12 qtrs (0%)
Q2 2026Latest
May 13, 2026Metric
Actual
Est
EPS
$0.55+400.0%
$0.11
Rev
$286M+0.0%
$286M
Q1 2026
Feb 18, 2026Metric
Actual
Est
EPS
$0.40+263.6%
$0.11
Rev
$258M+0.0%
$258M
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$0.34
—
Rev
—
—
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$0.22
—
Rev
$232M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 13, 2026 | $0.55vs $0.11+400.0% | $286Mvs $286M+0.0% |
| Q1 2026 | Feb 18, 2026 | $0.40vs $0.11+263.6% | $258Mvs $258M+0.0% |
| Q4 2025 | Oct 29, 2025 | $0.34 | — |
| Q3 2025 | Jul 30, 2025 | $0.22 | $232M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Teekay Corporation (TK)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $10.71 | $931.9M | 9.48 | -22.19% | 10.33% | 4.79% | 9.25% | |
| $37.66 | $8.38B | 22.15 | -4.16% | 40.19% | 36.04% | — | |
| $85.23 | $4.22B | 13.68 | -11.38% | 55.39% | 27.13% | — | |
| $5.89 | $1.25B | 101.55 | -16.39% | 16.26% | 11.76% | — | |
| $69.33 | $2.4B | 6.86 | -22.58% | 42.6% | 21.4% | — | |
| $17.29 | $2.78B | 13.20 | -13.04% | 58.56% | 29.14% | — |
Compare TK vs Peers
Teekay Corporation (TK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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TK Frequently Asked Questions
Teekay Corporation (TK) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Teekay Corporation's revenue?
Teekay Corporation (TK) reported $992.5M in revenue for fiscal year 2025. This represents a 160% increase from $382.2M in 1996.
How fast is Teekay Corporation growing?
Teekay Corporation (TK) saw revenue decline by 22.2% over the past year.
Is TK profitable?
Yes, Teekay Corporation (TK) is profitable, generating $78.9M in net income for fiscal year 2025 (10.3% net margin).
Dividend & Returns
Does TK pay dividends?
Yes, Teekay Corporation (TK) pays a dividend with a yield of 9.25%. This makes it attractive for income-focused investors.
What is TK's return on equity?
Teekay Corporation (TK) has a return on equity (ROE) of 4.8%. This is below average, suggesting room for improvement.
What is Teekay Corporation's free cash flow?
Teekay Corporation (TK) generated $240.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.