Teekay (TK) Asset Utilization Ratio (2009 - 2025)

Teekay (TK) has reported Asset Utilization Ratio for 16 consecutive years, with 0.56 the latest figure, recorded in Q4 2024.

• Asset Utilization Ratio for Q4 2024 came in at 0.56, down 18.58% year-over-year; the trailing twelve-month figure through Dec 2024 was 0.56 (down 18.58% YoY), and the FY2025 annual result was 0.42, down 25.01% from the prior year.
• Asset Utilization Ratio was 0.56 for Q4 2024 at Teekay, down from 0.58 in the prior quarter.
• Over five years, Asset Utilization Ratio peaked at 0.73 in Q3 2023 and troughed at 0.1 in Q4 2021.
• A 5-year average of 0.45 and a median of 0.52 in 2020 frame the typical range for Asset Utilization Ratio.
• Annual changes were most pronounced in 2021 — Asset Utilization Ratio tumbled 70.52% — and 2022, when it soared 447.15%.
• Year by year, Asset Utilization Ratio stood at 0.26 in 2020, then plunged by 59.86% to 0.1 in 2021, then jumped by 447.15% to 0.57 in 2022, then grew by 20.19% to 0.68 in 2023, then declined by 18.58% to 0.56 in 2024.
• Per Business Quant, the three latest TK Asset Utilization Ratio figures stand at 0.56 (Q4 2024), 0.58 (Q3 2024), and 0.61 (Q2 2024).