Seapeak (SEAL-PA) Construction in Progress (2009 - 2026)
Seapeak's (SEAL-PA) quarterly Construction in Progress came in at $541.4 million in Q2 2026, up 116.3% on a YoY basis from $250.3 million in Q2 2025, and up 43.6% quarter-over-quarter from $377.0 million in Q1 2026.
Analysis
Seapeak (SEAL-PA) Construction in Progress (2009 - 2026) Analysis & Trends
Seapeak (SEAL-PA) has reported Construction in Progress for 16 consecutive years, with $541.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Construction in Progress rose 116.3% year-over-year to $541.4 million; the trailing twelve-month figure through Jun 2026 stood at $541.4 million (up 116.3% YoY), and the FY2025 full-year result was $301.6 million, up 24.02% from the prior year.
- Construction in Progress improved to $541.4 million in Q2 2026 per SEAL-PA's latest filing, from $377.0 million in the prior quarter.
- Across five years, Construction in Progress topped out at $541.4 million in Q2 2026 and bottomed at $129.3 million in Q4 2022.
- Historically, Construction in Progress has averaged $264.3 million across 5 years, with a median of $239.6 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Construction in Progress gained 6.11% in 2025, then jumped 116.3% in 2026.
- Over 5 years, Construction in Progress stood at $129.3 million in 2022, then jumped by 76.81% to $228.6 million in 2023, then increased by 6.4% to $243.2 million in 2024, then climbed by 24.02% to $301.6 million in 2025, then surged by 79.52% to $541.4 million in 2026.
- According to Business Quant data, Construction in Progress over the past three periods registered $541.4 million, $377.0 million, and $301.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 225.77 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | - |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 532.66 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 90.21 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 62.93 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | - |
| 10 | Seapeak | 2.24 Bn | 2.18 Bn | 152.57 Mn | 541.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 541.42 Mn |
| Mar 31, 2026 | 377.04 Mn |
| Dec 31, 2025 | 301.60 Mn |
| Sep 30, 2025 | 275.54 Mn |
| Jun 30, 2025 | 250.31 Mn |
| Mar 31, 2025 | 246.59 Mn |
| Dec 31, 2024 | 243.19 Mn |
| Sep 30, 2024 | 239.60 Mn |
| Jun 30, 2024 | 235.90 Mn |
| Mar 31, 2024 | 232.22 Mn |
| Dec 31, 2023 | 228.56 Mn |
| Sep 30, 2023 | 224.93 Mn |
| Jun 30, 2023 | 221.24 Mn |
| Mar 31, 2023 | 217.68 Mn |
| Dec 31, 2022 | 129.27 Mn |
| Mar 31, 2019 | 1.29 Bn |
| Dec 31, 2018 | 86.94 Mn |
| Sep 30, 2018 | 172.25 Mn |
| Jun 30, 2018 | 349.17 Mn |
| Mar 31, 2018 | 407.21 Mn |