Teekay (TK) Cost of Revenue (2009 - 2024)
Teekay's (TK) quarterly Cost of Revenue came in at $63.9 million in Q4 2024, up 4.36% on a YoY basis from $61.2 million in Q1 2024, and down 1.71% quarter-over-quarter from $65.0 million in Q3 2024.
Analysis
Teekay (TK) Cost of Revenue (2009 - 2024) Analysis & Trends
Teekay (TK) has reported Cost of Revenue for 16 consecutive years, with $63.9 million the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Cost of Revenue rose 4.36% year-over-year to $63.9 million; the trailing twelve-month figure through Dec 2024 stood at $252.6 million (up 4.56% YoY), and the FY2025 full-year result was $238.9 million, down 5.44% from the prior year.
- Cost of Revenue retreated to $63.9 million in Q4 2024 per TK's latest filing, from $65.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $153.8 million in Q3 2020 and bottomed at $59.4 million in Q3 2023.
- Historically, Cost of Revenue has averaged $80.7 million across 5 years, with a median of $66.0 million in 2021.
- The sharpest annual moves came in 2021 and 2024: Cost of Revenue sank 56.45% in 2021, then increased 9.39% in 2024.
- Over 5 years, Cost of Revenue stood at $95.2 million in 2020, then dropped by 23.35% to $73.0 million in 2021, then decreased by 13.2% to $63.4 million in 2022, then decreased by 3.42% to $61.2 million in 2023, then climbed by 4.36% to $63.9 million in 2024.
- According to Business Quant data, Cost of Revenue over the past three periods registered $63.9 million, $65.0 million, and $63.8 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 631.60 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 129,000.00 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 132.75 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 252.96 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 64.83 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 57.61 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 10.80 Mn |
| 10 | Teekay | 1.17 Bn | 2.05 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 63.85 Mn |
| Sep 30, 2024 | 64.96 Mn |
| Jun 30, 2024 | 63.77 Mn |
| Mar 31, 2024 | 60.01 Mn |
| Dec 31, 2023 | 61.18 Mn |
| Sep 30, 2023 | 59.39 Mn |
| Jun 30, 2023 | 60.09 Mn |
| Mar 31, 2023 | 60.92 Mn |
| Dec 31, 2022 | 63.35 Mn |
| Sep 30, 2022 | 59.58 Mn |
| Jun 30, 2022 | 80.27 Mn |
| Mar 31, 2022 | 71.94 Mn |
| Dec 31, 2021 | 72.98 Mn |
| Sep 30, 2021 | 66.96 Mn |
| Jun 30, 2021 | 77.13 Mn |
| Mar 31, 2021 | 78.54 Mn |
| Dec 31, 2020 | 95.22 Mn |
| Sep 30, 2020 | 153.76 Mn |
| Jun 30, 2020 | 147.80 Mn |
| Mar 31, 2020 | 153.29 Mn |