Teekay Corporation Ltd. (TK)

Teekay Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	992.52	1,220	1,465	1,190	682.51	1,146
Revenue Growth (YoY)	-26.05%	-16.70%	23.09%	74.38%	-40.46%	-10.10%
Cost of Revenue	665.48	732.94	786.79	798.12	626.15	765.51
Gross Profit	327.04	487.44	678.18	392.07	56.36	380.74
Selling, General & Admin	56.83	61.06	61.21	57.55	74.39	64.15
Operating Expenses	148.9	154.64	158.76	156.59	180.47	195.53
Operating Income	178.14	332.8	519.42	235.48	-124.12	185.21
Interest Expense	-3.19	-7.54	-27.55	-34.89	-67.28	-90.82
Interest & Investment Income	35.78	37.22	24.13	6.69	0.17	1.44
Earnings From Equity Investments	1.38	2.77	3.43	0.24	-14.11	5.1
Currency Exchange Gain (Loss)	1.12	2.41	1.43	3	-2.41	-2.35
Other Non Operating Income (Expenses)	1.26	0.53	0.04	2.94	-13.44	-3.79
EBT Excluding Unusual Items	214.49	368.18	520.9	213.46	-221.19	94.8
Merger & Restructuring Charges	-11.2	-5.63	-1.68	-11.58	-1.82	-10.72
Gain (Loss) on Sale of Investments	-3.71	1.4	-	-	-	-
Gain (Loss) on Sale of Assets	81.8	39.5	10.4	22.4	-	44.94
Asset Writedown	-2.22	-1.42	-0.04	-0.54	-92.37	-149.24
Other Unusual Items	-	-	-	-12.69	32.95	1.47
Pretax Income	279.16	402.02	529.59	211.05	-282.43	-18.75
Income Tax Expense	-1.64	0.41	12.16	1.42	-4.96	5.56
Earnings From Continuing Operations	280.8	401.62	517.42	209.64	-277.46	-24.3
Earnings From Discontinued Operations	-	-	-	-20.28	274.1	115.29
Net Income to Company	280.8	401.62	517.42	189.36	-3.37	90.98
Minority Interest in Earnings	-201.9	-267.85	-366.78	-110.95	11.17	-173.92
Net Income	78.9	133.77	150.64	78.41	7.81	-82.93
Net Income to Common	78.9	133.77	150.64	78.41	7.81	-82.93
Net Income Growth	-47.40%	-11.20%	92.13%	904.44%	-	-
Shares Outstanding (Basic)	87	91	94	102	102	101
Shares Outstanding (Diluted)	89	93	97	104	102	101
Shares Change (YoY)	-6.38%	-3.49%	-7.44%	2.22%	1.08%	0.33%
EPS (Basic)	0.90	1.47	1.59	0.77	0.08	-0.82
EPS (Diluted)	0.88	1.42	1.54	0.57	0.08	-0.82
EPS Growth	-43.65%	-7.63%	171.69%	642.00%	-	-
Free Cash Flow	178.45	391.84	619.62	183.72	56.67	967.99
Free Cash Flow Per Share	2.01	4.20	6.41	1.76	0.56	9.58
Gross Margin	32.95%	39.94%	46.29%	32.94%	8.26%	33.22%
Operating Margin	17.95%	27.27%	35.46%	19.79%	-18.19%	16.16%
Profit Margin	7.95%	10.96%	10.28%	6.59%	1.14%	-7.23%
Free Cash Flow Margin	17.98%	32.11%	42.30%	15.44%	8.30%	84.45%
EBITDA	247.03	403.2	591.73	307.85	-45.15	288.74
EBITDA Margin	24.89%	33.04%	40.39%	25.87%	-6.62%	25.19%
D&A For EBITDA	68.89	70.4	72.31	72.37	78.96	103.53
EBIT	178.14	332.8	519.42	235.48	-124.12	185.21
EBIT Margin	17.95%	27.27%	35.46%	19.79%	-18.19%	16.16%
Effective Tax Rate	-	0.10%	2.30%	0.67%	-	-

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q