Teekay (TK) Asset Utilization Ratio (2009 - 2026)
Teekay's (TK) quarterly Asset Utilization Ratio came in at 0.45 in Q2 2026, down 8.89% on a YoY basis from 0.49 in Q2 2025, and up 1.8% quarter-over-quarter from 0.44 in Q4 2025.
Analysis
Teekay (TK) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Teekay (TK) has reported Asset Utilization Ratio for 18 consecutive years, with 0.45 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 8.89% year-over-year to 0.45; the trailing twelve-month figure through Jun 2026 stood at 0.45 (down 8.89% YoY), and the FY2025 full-year result was 0.42, down 25.01% from the prior year.
- Asset Utilization Ratio improved to 0.45 in Q2 2026 per TK's latest filing, from 0.44 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.73 in Q3 2023 and bottomed at 0.17 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.55 across 5 years, with a median of 0.57 in 2022.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio soared 447.15% in 2022, then fell 20.63% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.57 in 2022, then grew by 20.19% to 0.68 in 2023, then declined by 18.58% to 0.56 in 2024, then dropped by 20.63% to 0.44 in 2025, then advanced by 1.8% to 0.45 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.45, 0.44, and 0.49 for Q2 2026, Q4 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 0.47 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 0.57 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 0.74 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 0.43 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 0.38 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 0.28 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 0.32 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 0.46 |
| 10 | Teekay | 1.17 Bn | 2.05 Bn | - | 0.45 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.45 |
| Dec 31, 2025 | 0.44 |
| Jun 30, 2025 | 0.49 |
| Dec 31, 2024 | 0.56 |
| Sep 30, 2024 | 0.58 |
| Jun 30, 2024 | 0.61 |
| Mar 31, 2024 | 0.65 |
| Dec 31, 2023 | 0.68 |
| Sep 30, 2023 | 0.73 |
| Jun 30, 2023 | 0.71 |
| Mar 31, 2023 | 0.64 |
| Dec 31, 2022 | 0.57 |
| Sep 30, 2022 | 0.49 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.10 |
| Sep 30, 2021 | 0.10 |
| Jun 30, 2021 | 0.14 |
| Mar 31, 2021 | 0.18 |
| Dec 31, 2020 | 0.23 |