Teekay (TK) Change in Working Capital (2009 - 2024)
Teekay (TK) posted Change in Working Capital of -$39.4 million for Q4 2024, down 186.71% on a QoQ basis from $45.5 million in Q3 2024, and down 2608.46% year-over-year from $1.6 million in Q1 2024.
Teekay (TK) Change in Working Capital (2009 - 2024) Analysis & Trends
Teekay's Change in Working Capital history runs 9 years deep, the most recent figure standing at -$39.4 million for Q4 2024.
- Quarterly Change in Working Capital fell 2608.46% year-over-year to -$39.4 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $8.2 million (up 29.86% YoY) and the FY2024 annual result came in at $8.2 million, up 29.86% from the prior year.
- Change in Working Capital was -$39.4 million for Q4 2024 at Teekay, down from $45.5 million in the prior quarter.
- Across five years, Change in Working Capital topped out at $94.5 million in Q2 2020 and bottomed at -$50.5 million in Q1 2022.
- A 5-year average of -$1.7 million and a median of -$6.8 million in 2022 frame the typical range for Change in Working Capital.
- Annual changes were most pronounced in 2023 — Change in Working Capital jumped 335.7% — and 2024, when it slumped 2608.46%.
- Teekay's Change in Working Capital stood at $26.2 million in 2020, then plunged by 194.71% to -$24.8 million in 2021, then slipped by 11.84% to -$27.7 million in 2022, then surged by 105.67% to $1.6 million in 2023, then slumped by 2608.46% to -$39.4 million in 2024.
- Business Quant data shows TK's Change in Working Capital at -$39.4 million in Q4 2024, $45.5 million in Q3 2024, and $28.8 million in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -29.83 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -2.51 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 | -8.61 Mn |
| 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| Date | Value |
|---|---|
| Dec 31, 2024 | -39.43 Mn |
| Dec 31, 2024 | -39.43 Mn |
| Sep 30, 2024 | 45.48 Mn |
| Sep 30, 2024 | 45.48 Mn |
| Jun 30, 2024 | 28.79 Mn |
| Jun 30, 2024 | 28.79 Mn |
| Mar 31, 2024 | -26.60 Mn |
| Mar 31, 2024 | -26.60 Mn |
| Dec 31, 2023 | 1.57 Mn |
| Dec 31, 2023 | 1.57 Mn |
| Sep 30, 2023 | 35.89 Mn |
| Sep 30, 2023 | 35.89 Mn |
| Jun 30, 2023 | 13.64 Mn |
| Jun 30, 2023 | 13.64 Mn |
| Mar 31, 2023 | -44.76 Mn |
| Mar 31, 2023 | -44.76 Mn |
| Dec 31, 2022 | -27.74 Mn |
| Dec 31, 2022 | -27.74 Mn |
| Sep 30, 2022 | -15.23 Mn |
| Sep 30, 2022 | -15.23 Mn |