Teekay (TK) Capital Leases (2009 - 2023)

Teekay (TK) posted Capital Leases of $119.1 million for Q4 2023, down 4.13% on a QoQ basis from $124.2 million in Q3 2023, and down 74.8% year-over-year from $472.6 million in Q4 2022.

Teekay (TK) Capital Leases (2009 - 2023) Analysis & Trends

Teekay's Capital Leases history runs 15 years deep, the most recent figure standing at $119.1 million for Q4 2023.

  • Quarterly Capital Leases fell 74.8% year-over-year to $119.1 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $119.1 million (down 74.8% YoY) and the FY2023 annual result came in at $119.1 million, down 74.8% from the prior year.
  • Capital Leases was $119.1 million for Q4 2023 at Teekay, down from $124.2 million in the prior quarter.
  • Across five years, Capital Leases topped out at $1.8 billion in Q3 2019 and bottomed at $119.1 million in Q4 2023.
  • A 5-year average of $967.6 million and a median of $943.9 million in 2021 frame the typical range for Capital Leases.
  • Annual changes were most pronounced in 2019 — Capital Leases surged 6126.61% — and 2020, when it plunged 83.73%.
  • Teekay's Capital Leases stood at $1.7 billion in 2019, then plunged by 83.73% to $281.6 million in 2020, then dropped by 5.01% to $267.4 million in 2021, then surged by 76.71% to $472.6 million in 2022, then plunged by 74.8% to $119.1 million in 2023.
  • Business Quant data shows TK's Capital Leases at $119.1 million in Q4 2023, $124.2 million in Q3 2023, and $179.5 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn
10 Teekay 962.12 Mn 1.43 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2023 119.08 Mn
Sep 30, 2023 124.22 Mn
Jun 30, 2023 179.55 Mn
Mar 31, 2023 316.73 Mn
Dec 31, 2022 472.60 Mn
Sep 30, 2022 487.78 Mn
Jun 30, 2022 502.87 Mn
Mar 31, 2022 415.53 Mn
Dec 31, 2021 267.45 Mn
Sep 30, 2021 1.43 Bn
Jun 30, 2021 1.38 Bn
Mar 31, 2021 1.41 Bn
Dec 31, 2020 281.57 Mn
Sep 30, 2020 1.66 Bn
Jun 30, 2020 1.68 Bn
Mar 31, 2020 1.71 Bn
Dec 31, 2019 1.73 Bn
Sep 30, 2019 1.75 Bn
Jun 30, 2019 1.74 Bn
Mar 31, 2019 1.70 Bn