Teekay (TK) Financials

$13.22 +0.03 (+0.23%)

Closing price 05/15/2026 03:59 PM Eastern

Extended Trading

$13.23 +0.01 (+0.05%)

As of 05/15/2026 05:56 PM Eastern

Annual Income Statements for Teekay

This table shows Teekay's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	82	-123	-163	-79	-376	-83	7.81	78	151	134	98
Consolidated Net Income / (Loss)	405	87	-529	-58	-149	91	-3.37	189	517	402	352
Net Income / (Loss) Continuing Operations	405	87	-529	-58	325	-130	-277	210	517	402	352
Total Pre-Tax Income	389	111	-517	-38	-307	-19	-282	211	530	402	347
Total Operating Income	625	384	6.70	164	-109	70	-185	246	532	365	303
Total Gross Profit	2,335	2,190	1,727	1,319	873	849	367	695	991	815	632
Total Revenue	2,450	2,329	1,880	1,728	1,275	1,146	683	1,190	1,465	1,220	950
Operating Revenue	2,450	2,329	1,880	1,728	1,275	1,146	683	1,190	1,465	1,220	950
Total Cost of Revenue	116	138	154	410	402	297	315	496	474	406	317
Operating Cost of Revenue	116	138	154	410	402	297	315	496	474	406	317
Total Operating Expenses	1,709	1,806	1,720	1,155	982	779	553	449	459	450	329
Selling, General & Admin Expense	133	120	106	734	537	476	370	333	299	314	294
Depreciation Expense	510	572	486	276	154	131	106	99	98	94	87
Other Operating Expenses / (Income)	983	975	852	86	99	57	-18	27	71	75	45
Impairment Charge	68	112	271	54	184	149	92	-22	-10	-38	-102
Restructuring Charge	14	27	5.10	4.07	8.35	11	1.82	12	1.68	5.63	5.57
Total Other Income / (Expense), net	-236	-273	-524	-202	-198	-89	-97	-35	-2.14	37	45
Interest Expense	242	283	268	254	111	89	68	39	28	7.54	2.90
Interest & Investment Income	109	90	-136	63	-70	6.54	-14	6.93	28	40	46
Other Income / (Expense), net	-103	-81	-119	-11	-16	-6.41	-15	-3.07	-1.69	4.33	1.70
Income Tax Expense	-17	24	12	20	18	5.56	-4.96	1.42	12	0.41	-4.58
Net Income / (Loss) Attributable to Noncontrolling Interest	323	210	-366	21	114	174	-186	284	367	268	254
Basic Earnings per Share	$1.13	($1.62)	($1.89)	($0.79)	($3.08)	($0.82)	$0.08	$0.77	$1.59	$1.47	$1.14
Weighted Average Basic Shares Outstanding	72.67M	79.21M	86.34M	99.67M	100.72M	101.05M	102.15M	102.12M	94.48M	91.29M	86.04M
Diluted Earnings per Share	$1.12	($1.62)	($1.89)	($0.79)	($3.08)	($0.82)	$0.08	$0.76	$1.54	$1.42	$1.13
Weighted Average Diluted Shares Outstanding	73.19M	79.21M	86.34M	99.67M	100.72M	101.05M	102.15M	104.42M	96.64M	93.28M	86.71M
Weighted Average Basic & Diluted Shares Outstanding	72.71M	86.15M	86.34M	99.67M	100.72M	0.00	101.57M	98.32M	182.01M	84.06M	86.06M
Cash Dividends to Common per Share	$1.73	$0.22	$0.22	$0.22	$0.06	$0.00	$0.00	$0.00	$0.00	$1.00	$1.00

No quarterly income statements for Teekay are available.

This table details how cash moves in and out of Teekay's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-129	-50	-253	-47	-49	-50	-140	51	164	208	252
Net Cash From Operating Activities	776	677	544	182	383	984	78	199	630	467	302
Net Cash From Continuing Operating Activities	776	677	544	182	72	355	-142	172	630	467	302
Net Income / (Loss) Continuing Operations	405	87	-529	-58	325	-24	-277	210	517	402	352
Consolidated Net Income / (Loss)	405	87	-529	-58	-149	91	-3.37	189	517	402	352
Depreciation Expense	510	572	486	276	154	131	106	99	98	94	87
Non-Cash Adjustments To Reconcile Net Income	-149	83	430	23	300	129	93	-4.08	1.20	-33	-105
Changes in Operating Assets and Liabilities, net	40	-65	157	-59	-56	119	-63	-132	14	5.06	-31
Net Cash From Investing Activities	-1,823	-531	-1,082	-663	-50	63	7.17	309	55	157	80
Net Cash From Continuing Investing Activities	-1,823	-531	-1,082	-663	108	65	38	309	55	157	80
Purchase of Property, Plant & Equipment	-1,796	-648	-1,054	-694	-12	-16	-21	-15	-10	-75	-193
Acquisitions	-88	-62	-81	-66	-	-	-	-	0.00	0.00	-99
Purchase of Investments	-	-	-	-	-	0.00	-	0.00	-291	-115	-95
Divestitures	0.00	0.00	-45	57	100	25	58	537	24	89	370
Sale and/or Maturity of Investments	-	-	-	-	-	-	0.00	-210	328	256	97
Other Investing Activities, net	40	-73	25	11	0.00	-5.33	1.50	-3.00	3.90	2.50	0.38
Net Cash From Financing Activities	919	-196	284	435	-382	-1,098	-226	-457	-520	-416	-130
Net Cash From Continuing Financing Activities	919	-196	284	435	-342	-471	16	-457	-520	-416	-130
Repayment of Debt	-1,623	-2,905	-1,544	-1,519	-892	-1,252	-182	-831	-76	-5.48	-5.03
Repurchase of Common Equity	-	-	0.00	0.00	-	0.00	0.00	-15	-51	-66	-4.95
Payment of Dividends	-486	-154	-142	-87	-5.52	-	0.00	0.00	-43	-158	-133
Issuance of Debt	2,453	2,075	1,007	1,325	492	810	271	134	46	0.00	0.00
Issuance of Common Equity	0.00	105	26	104	-	-	-	0.00	5.83	5.74	13
Other Financing Activities, net	575	683	937	611	64	-30	-73	255	-403	-192	0.00

No quarterly cash flow statements for Teekay are available.

This table presents Teekay's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	13,061	12,815	8,092	8,392	8,073	6,946	6,532	2,165	2,197	2,153	2,360
Total Current Assets	1,320	1,281	833	898	1,143	690	5,139	824	922	927	1,197
Cash & Equivalents	678	568	445	424	353	129	109	310	480	685	941
Restricted Cash	62	108	38	40	57	2.79	2.23	3.71	0.69	3.67	0.69
Short-Term Investments	27	155	9.88	182	274	-	0.00	210	173	32	32
Accounts Receivable	395	305	160	174	202	143	60	141	118	78	79
Inventories, net	-	-	-	-	-	-	49	61	53	46	29
Prepaid Expenses	102	85	38	57	77	50	14	15	16	13	17
Other Current Assets	-	-	-	20	182	84	88	83	82	63	94
Plant, Property, & Equipment, net	88	9,139	5,209	5,517	5,033	1,105	925	430	929	1,132	1,000
Plant, Property & Equipment, gross	9,278	1,472	1,717	2,154	5,033	32	14	1,296	1,235	1,184	1,039
Accumulated Depreciation	-	-7,667	-3,491	-3,363	1,513	542	385	462	533	571	488
Total Noncurrent Assets	2,375	2,394	2,051	2,020	1,897	5,119	454	911	345	94	162
Long-Term Investments	905	1,010	1,277	1,194	1,174	29	13	16	16	16	0.00
Goodwill	169	177	44	44	133	38	26	26	24	2.73	2.43
Other Noncurrent Operating Assets	417	483	83	220	45	3.14	3.14	46	76	75	160
Total Liabilities & Shareholders' Equity	13,061	12,815	8,092	8,392	8,073	6,946	6,532	2,165	2,197	2,153	2,360
Total Liabilities	9,105	8,476	5,213	5,525	5,501	4,475	4,099	795	396	218	197
Total Current Liabilities	1,887	1,646	1,365	686	1,164	903	3,339	232	173	133	135
Accounts Payable	64	54	24	31	135	119	41	47	34	26	20
Accrued Expenses	412	392	296	235	295	142	103	87	82	76	85
Other Current Liabilities	300	162	130	190	157	90	36	77	56	31	30
Total Noncurrent Liabilities	7,218	6,830	3,848	4,839	4,338	3,572	761	563	223	85	63
Other Noncurrent Operating Liabilities	885	836	185	1,761	2,034	413	345	563	223	85	63
Total Equity & Noncontrolling Interests	3,701	4,089	2,880	2,867	2,572	2,471	2,432	1,370	1,800	1,935	2,163
Total Preferred & Common Equity	919	899	777	809	482	481	515	623	732	710	725
Total Common Equity	919	899	777	809	482	481	515	623	732	710	725
Common Stock	775	887	919	1,046	1,052	1,057	1,054	1,022	945	877	880
Retained Earnings	159	23	-136	-234	-547	-527	-513	-397	-213	-167	-155
Noncontrolling Interest	2,782	3,190	2,102	2,058	2,090	1,990	1,917	746	1,068	1,225	1,438

No quarterly balance sheets for Teekay are available.

This table displays calculated financial ratios and metrics derived from Teekay's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	86,056,804.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	86,056,804.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.14
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	652	300	4.69	115	-76	49	-130	244	520	365	307
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	17.55%	28.86%	18.86%	14.19%
Earnings before Interest and Taxes (EBIT)	522	304	-113	154	-126	64	-200	243	530	370	305
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,002	875	373	430	28	195	-94	342	628	463	391
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	10,491	-8,760	3,758	1,323	693	2,531	-67	457	239	298	314
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	280	9,339	5,585	4,378	3,608	1,126	1,064	851	1,131	1,198	1,185
Increase / (Decrease) in Invested Capital	-9,839	9,060	-3,754	-1,208	-769	-2,482	-62	-213	280	66	-7.65
Book Value per Share	$12.68	$12.37	$9.02	$9.08	$4.80	$4.78	$5.09	$6.14	$7.45	$7.80	$8.62
Tangible Book Value per Share	$8.81	$8.71	$7.43	$8.59	$3.47	$4.40	$4.84	$5.89	$7.20	$7.52	$8.59
Total Capital	11,400	11,371	7,458	6,187	5,449	3,064	3,129	1,391	1,800	1,935	2,163
Total Debt	7,443	7,032	4,578	3,320	2,877	593	696	21	0.00	0.00	0.00
Total Long-Term Debt	6,333	5,993	3,663	3,077	2,304	572	416	0.00	0.00	0.00	0.00
Net Debt	5,771	5,192	2,808	1,479	1,019	433	572	-519	-669	-737	-973
Capital Expenditures (CapEx)	1,775	396	980	665	-8.38	-45	21	15	10	75	193
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-223	-157	-111	-192	-131	-324	1,969	89	96	73	89
Debt-free Net Working Capital (DFNWC)	544	674	383	454	553	-192	2,081	613	749	794	1,062
Net Working Capital (NWC)	-567	-365	-532	212	-21	-213	1,800	591	749	794	1,062
Net Nonoperating Expense (NNE)	247	213	534	173	73	-42	-126	55	2.09	-37	-45
Net Nonoperating Obligations (NNO)	-3,677	5,001	2,706	1,511	1,037	-1,345	-1,369	-519	-669	-737	-978
Total Depreciation and Amortization (D&A)	479	572	486	276	154	131	106	99	98	94	87
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.13	$0.00	($1.89)	($0.79)	($3.08)	($0.82)	$0.15	$0.77	$1.59	$1.47	$1.14
Adjusted Weighted Average Basic Shares Outstanding	72.67M	0.00	86.34M	99.67M	100.78M	101.11M	102.15M	102.12M	94.48M	91.29M	86.04M
Adjusted Diluted Earnings per Share	$1.12	$0.00	($1.89)	($0.79)	($3.08)	($0.82)	$0.15	$0.76	$1.54	$1.42	$1.13
Adjusted Weighted Average Diluted Shares Outstanding	73.19M	0.00	86.34M	99.67M	100.78M	101.11M	102.15M	104.42M	96.64M	93.28M	86.71M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($3.08)	($0.82)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	72.71M	0.00	89.13M	100.44M	100.72M	0.00	101.57M	98.32M	182.01M	84.06M	86.06M
Normalized Net Operating Profit after Tax (NOPAT)	497	408	198	155	58	130	-64	234	511	332	145
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

No quarterly metrics and ratios for Teekay are available.

Financials Breakdown Chart

Teekay Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Teekay's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Teekay's net income appears to be on an upward trend, with a most recent value of $351.99 million in 2025, falling from $405.46 million in 2015. The previous period was $401.62 million in 2024. Check out Teekay's forecast to explore projected trends and price targets.

Teekay's total operating income in 2025 was $302.81 million, based on the following breakdown:

Total Gross Profit: $632.15 million
Total Operating Expenses: $329.33 million

Over the last 10 years, Teekay's total revenue changed from $2.45 billion in 2015 to $949.52 million in 2025, a change of -61.3%.

Teekay's total liabilities were at $197.47 million at the end of 2025, a 9.4% decrease from 2024, and a 97.8% decrease since 2015.

In the past 10 years, Teekay's cash and equivalents has ranged from $108.98 million in 2021 to $940.74 million in 2025, and is currently $940.74 million as of their latest financial filing in 2025.

Over the last 10 years, Teekay's book value per share changed from 12.68 in 2015 to 8.62 in 2025, a change of -32.0%.

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Financial statements for NYSE:TK last updated on 3/19/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Teekay (TK) Financials

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Teekay Financials - Frequently Asked Questions

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Teekay (TK) Financials

Annual Income Statements for Teekay

Quarterly Income Statements for Teekay

Annual Cash Flow Statements for Teekay

Quarterly Cash Flow Statements for Teekay

Annual Balance Sheets for Teekay

Quarterly Balance Sheets for Teekay

Annual Metrics And Ratios for Teekay

Quarterly Metrics And Ratios for Teekay

Financials Breakdown Chart

Teekay Financials - Frequently Asked Questions

When does Teekay's financial year end?

How has Teekay's net income changed over the last 10 years?

What is Teekay's operating income?

How has Teekay's revenue changed over the last 10 years?

How much debt does Teekay have?

How much cash does Teekay have?

How has Teekay's book value per share changed over the last 10 years?

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