Seapeak (SEAL-PA) Tax Rate (2009 - 2026)
Seapeak (SEAL-PA) reported Tax Rate of 0.1% for Q1 2026, down 44.0% on a YoY basis from 0.17% in Q1 2025, and down 101.06% quarter-over-quarter from 9.16% in Q4 2025.
Seapeak (SEAL-PA) Tax Rate (2009 - 2026) Analysis & Trends
Seapeak has reported Tax Rate for 18 years, with the latest figure at 0.1% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 44.0% year-over-year to 0.1%; the trailing twelve-month figure through Mar 2026 stood at 3.2% (up 538.0% YoY), and the FY2025 full-year result was 10.71%, up 818.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.1%, down from 9.16% in the prior quarter.
- The five-year high for Tax Rate was 341.79% in Q4 2023, with the low at 51.69% in Q4 2022.
- Historically, Tax Rate has averaged 16.45% across 5 years, with a median of 1.74% in 2023.
- Annual changes were most pronounced in 2023 — Tax Rate soared 39349 bps — and 2024, when it sank 34093 bps.
- Seapeak's Tax Rate stood at 51.69% in 2022, then surged by 761 bps to 341.79% in 2023, then plunged by 100 bps to 0.86% in 2024, then surged by 965 bps to 9.16% in 2025, then sank by 101 bps to 0.1% in 2026.
- The last three Tax Rate figures came in at 0.1% (Q1 2026), 9.16% (Q4 2025), and 2.04% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 10.04% |
| 10 | Seapeak | - | - | 144.77 Mn | -0.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.10% |
| Mar 31, 2026 | -0.10% |
| Dec 31, 2025 | 9.16% |
| Dec 31, 2025 | 9.16% |
| Sep 30, 2025 | -2.04% |
| Sep 30, 2025 | -2.04% |
| Jun 30, 2025 | -2.29% |
| Jun 30, 2025 | -2.29% |
| Mar 31, 2025 | 0.34% |
| Mar 31, 2025 | 0.34% |
| Dec 31, 2024 | 0.86% |
| Dec 31, 2024 | 0.86% |
| Sep 30, 2024 | -1.79% |
| Sep 30, 2024 | -1.79% |
| Jun 30, 2024 | 0.40% |
| Jun 30, 2024 | 0.40% |
| Mar 31, 2024 | 0.15% |
| Mar 31, 2024 | 0.15% |
| Dec 31, 2023 | 341.79% |
| Dec 31, 2023 | 341.79% |