Teekay (TK) Asset Utilization Ratio (2009 - 2025)
Teekay (TK) posted Asset Utilization Ratio of 0.44 for Q4 2025, down 10.5% on a QoQ basis from 0.49 in Q2 2025, and down 20.63% year-over-year from 0.56 in Q4 2024.
Teekay (TK) Asset Utilization Ratio (2009 - 2025) Analysis & Trends
Teekay's Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 0.44 for Q4 2025.
- Quarterly Asset Utilization Ratio fell 20.63% year-over-year to 0.44 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.44 (down 20.63% YoY) and the FY2025 annual result came in at 0.42, down 25.01% from the prior year.
- Asset Utilization Ratio was 0.44 for Q4 2025 at Teekay, down from 0.49 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.73 in Q3 2023 and bottomed at 0.1 in Q3 2021.
- A 5-year average of 0.46 and a median of 0.53 in 2022 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2021 — Asset Utilization Ratio slumped 63.68% — and 2022, when it surged 447.15%.
- Teekay's Asset Utilization Ratio stood at 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, then dropped by 20.63% to 0.44 in 2025.
- Business Quant data shows TK's Asset Utilization Ratio at 0.44 in Q4 2025, 0.49 in Q2 2025, and 0.56 in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 0.33 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 0.13 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 0.24 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 0.31 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 0.65 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 0.49 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 0.63 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.52 |
| 10 | Teekay | 962.12 Mn | 1.43 Bn | - | 0.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2020 | 0.28 |