Company research
TEEKAY CORP LTD
CIK 911971Updated Sep 27, 2026
SecurityTK · NYSE · equity
Name history
TEEKAY CORP · through Oct 1, 2024TEEKAY SHIPPING CORP · through Jun 8, 2007
TK price & chart
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NYSE:TK on TradingView ↗In the news
Teekay Group Publishes 2025 Sustainability Report ↗
NYSE Content Advisory: Pre-Market update + Wall Street readies for key economic data News provided by New York Stock Exchange Jun 16, 2025, 08:55 ET Share this article Share to X Share this article Share to X NEW YORK , June 16, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a dail ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,360,070,000Source | 2,153,115,000Source | 2,196,638,000Source | 2,164,846,000Source |
| Property, Plant and Equipment, NetUSD | 1,000,483,000Source | 1,132,109,000Source | 929,237,000Source | 429,987,000Source |
| GoodwillUSD | 2,400,000Source | 2,400,000Source | 2,400,000Source | 2,400,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 940,735,000Source | 685,331,000Source | 480,080,000Source | 309,857,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 83,168,000Source | 83,317,000Source | 117,794,000Source | 140,837,000Source |
| Inventory, NetUSD | 29,409,000Source | 45,990,000Source | 53,219,000Source | 60,832,000Source |
| Assets, CurrentUSD | 1,197,187,000Source | 927,059,000Source | 921,948,000Source | 823,605,000Source |
| Operating Lease, Right-of-Use AssetUSD | 38,161,000Source | 52,162,000Source | 76,314,000Source | 42,894,000Source |
| Other Assets, NoncurrentUSD | 121,813,000Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 197,467,000Source | 217,948,000Source | 396,292,000Source | 795,240,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | -155,033,000Source | -166,872,000Source | -213,193,000Source | -396,605,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | — | 0Source | -1,972,000Source |
| Liabilities and EquityUSD | 2,360,070,000Source | 2,153,115,000Source | 2,196,638,000Source | 2,164,846,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 134,709,000Source | 132,581,000Source | 172,821,000Source | 232,272,000Source |
| Operating Lease, Liability, CurrentUSD | 21,107,000Source | 24,875,000Source | 35,882,000Source | 16,585,000Source |
| Accounts Payable, CurrentUSD | 20,001,000Source | — | — | — |
| Operating Lease, Liability, NoncurrentUSD | 17,054,000Source | 28,716,000Source | 40,432,000Source | 26,858,000Source |
| Other Liabilities, NoncurrentUSD | 45,704,000Source | 56,651,000Source | 63,957,000Source | 63,511,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 1,438,074,000Source | 1,225,404,000Source | 1,068,068,000Source | 746,143,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 84,663,000Source | 2,665,000Source | 73,320,000Source | 78,301,000Source |
| Deferred Tax Liabilities, NetUSD | 624,000Source | 130,000Source | 195,000Source | 776,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | 0Source | 0Source |
| Long-term Debt, Current MaturitiesUSD | — | — | 0Source | 21,184,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | 0Source | 0Source |
| Short-term InvestmentsUSD | — | — | 172,604,000Source | 210,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 351,985,000Source | 401,619,000Source | 517,423,000Source | 189,360,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 86,630,000Source | 93,582,000Source | 97,551,000Source | 99,033,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | — | -35,228,000Source | -23,043,000Source | 80,886,000Source |
| Increase (Decrease) in InventoriesUSD | -7,967,000Source | — | — | — |
| Increase (Decrease) in Accounts PayableUSD | -5,705,000Source | -8,248,000Source | -13,417,000Source | 6,291,000Source |
| Deferred Income Tax Expense (Benefit)USD | -1,649,000Source | -2,064,000Source | -1,224,000Source | 885,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 301,767,000Source | 467,185,000Source | 633,456,000Source | 199,154,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 80,426,000Source | 157,496,000Source | 54,659,000Source | 308,980,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | 0Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 190,259,000Source | 70,504,000Source | 10,198,000Source | 15,430,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 4,946,000Source | 66,280,000Source | 50,713,000Source | 15,369,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -129,770,000Source | -416,448,000Source | -524,050,000Source | -456,948,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -5,032,000Source | -5,482,000Source | -1,806,000Source | 0Source |
| Repayments of Long-term DebtUSD | 0Source | 0Source | 21,184,000Source | 56,914,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 252,423,000Source | 208,233,000Source | 164,065,000Source | 51,186,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,900,000Source | 8,200,000Source | 25,100,000Source | 38,700,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | — | 400,000Source | 400,000Source |
| Deconsolidation, Gain (Loss), AmountUSD | — | 0Source | 0Source | — |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | 0Source | 0Source | -20,276,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 303,000Source | — | — | — |
| Gain (Loss) on Disposition of AssetsUSD | — | — | 10,400,000Source | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | 101,745,000Source | 38,080,000Source | 10,360,000Source | 21,863,000Source |
| General and Administrative ExpenseUSD | 54,767,000Source | 61,058,000Source | 57,590,000Source | 57,552,000Source |
| GoodwillUSD | 2,400,000Source | 2,400,000Source | 2,400,000Source | 2,400,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | 133,770,000Source | 150,641,000Source | 36,755,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 401,619,000Source | 517,423,000Source | 209,636,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | 0Source | 0Source | 41,652,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 9,617,000Source | 2,767,000Source | 3,432,000Source | 244,000Source |
| Income Tax Expense (Benefit)USD | -4,584,000Source | 405,000Source | 12,162,000Source | 1,417,000Source |
| Investment Income, InterestUSD | 36,166,000Source | 37,218,000Source | 24,128,000Source | 6,689,000Source |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | 2,861,000Source | — | — | — |
| Marketable Securities, Unrealized Gain (Loss)USD | -1,401,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | 98,111,000Source | 133,770,000Source | 150,641,000Source | 78,407,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 253,874,000Source | 267,849,000Source | 366,782,000Source | 110,953,000Source |
| Operating Costs and ExpensesUSD | 238,856,000Source | 252,594,000Source | 241,585,000Source | 275,139,000Source |
| Operating Lease, ExpenseUSD | 45,257,000Source | 74,795,000Source | 70,836,000Source | 27,374,000Source |
| Operating Lease, Impairment LossUSD | 800,000Source | 1,400,000Source | — | — |
| Other Nonoperating Income (Expense)USD | 1,700,000Source | 4,334,000Source | -2,140,000Source | 4,811,000Source |
| Proceeds from Issuance of Common StockUSD | 13,186,000Source | 5,737,000Source | — | — |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | 0Source |
| Sales-type Lease, Selling Profit (Loss)USD | — | — | — | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 949,520,000Source | 1,220,374,000Source | 1,464,975,000Source | 1,190,184,000Source |
| Cost of RevenueUSD | 317,373,000Source | 405,546,000Source | 474,371,000Source | 495,604,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | 302,814,000Source | 365,247,000Source | 531,725,000Source | 245,766,000Source |
| Other Nonoperating Income (Expense)USD | 1,700,000Source | 4,334,000Source | -2,140,000Source | 4,811,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 347,401,000Source | 402,024,000Source | 529,585,000Source | 211,053,000Source |
| Income Tax Expense (Benefit)USD | -4,584,000Source | 405,000Source | 12,162,000Source | 1,417,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 253,874,000Source | 267,849,000Source | 366,782,000Source | 110,953,000Source |
| Net Income (Loss) Attributable to ParentUSD | 98,111,000Source | 133,770,000Source | 150,641,000Source | 78,407,000Source |
| Earnings Per Share, BasicUSD per share | 1.14Source | 1.47Source | 1.59Source | 0.77Source |
| Earnings Per Share, DilutedUSD per share | 1.13Source | 1.42Source | 1.54Source | 0.76Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 86,040,867Source | 91,285,538Source | 94,484,659Source | 102,119,129Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 86,705,537Source | 93,275,031Source | 96,644,969Source | 104,415,597Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | — | 400,000Source | 400,000Source |
| Current Income Tax Expense (Benefit)USD | -2,935,000Source | 2,469,000Source | 13,386,000Source | 532,000Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | — | 0Source | 0Source | -20,276,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 303,000Source | — | — | — |
| General and Administrative ExpenseUSD | 54,767,000Source | 61,058,000Source | 57,590,000Source | 57,552,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | 133,770,000Source | 150,641,000Source | 36,755,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 401,619,000Source | 517,423,000Source | 209,636,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | 1.47Source | 1.59Source | 0.36Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | 1.42Source | 1.54Source | 0.35Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | 0Source | 0Source | 41,652,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 9,617,000Source | 2,767,000Source | 3,432,000Source | 244,000Source |
| Interest ExpenseUSD | 2,896,000Source | 7,542,000Source | 28,009,000Source | 38,580,000Source |
| Investment Income, InterestUSD | 36,166,000Source | 37,218,000Source | 24,128,000Source | 6,689,000Source |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | 2,861,000Source | — | — | — |
| Operating Costs and ExpensesUSD | 238,856,000Source | 252,594,000Source | 241,585,000Source | 275,139,000Source |
| Operating Lease, ExpenseUSD | 45,257,000Source | 74,795,000Source | 70,836,000Source | 27,374,000Source |
| Sales-type Lease, Selling Profit (Loss)USD | — | — | — | 0Source |