Teekay (TK) Asset Utilization Ratio (2009 - 2024)

Teekay has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.56 in Q4 2024.

• For the quarter ending Q4 2024, Asset Utilization Ratio fell 18.58% year-over-year to 0.56; the trailing twelve-month figure through Dec 2024 stood at 0.56 (down 18.58% YoY), and the FY2025 full-year result was 0.42, down 25.01% from the prior year.
• Asset Utilization Ratio for Q4 2024 stood at 0.56, down from 0.58 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.73 in Q3 2023, with the low at 0.1 in Q4 2021.
• Historically, Asset Utilization Ratio has averaged 0.45 across 5 years, with a median of 0.52 in 2020.
• Annual changes were most pronounced in 2021 — Asset Utilization Ratio plunged 70.52% — and 2022, when it surged 447.15%.
• Teekay's Asset Utilization Ratio stood at 0.26 in 2020, then plunged by 59.86% to 0.1 in 2021, then surged by 447.15% to 0.57 in 2022, then advanced by 20.19% to 0.68 in 2023, then slipped by 18.58% to 0.56 in 2024.
• The last three Asset Utilization Ratio figures came in at 0.56 (Q4 2024), 0.58 (Q3 2024), and 0.61 (Q2 2024), per Business Quant data.