Teekay (TK) Cost of Revenue (2009 - 2024)
Teekay (TK) posted Cost of Revenue of $94.9 million for Q4 2024, up 1.01% on a QoQ basis from $94.0 million in Q3 2024, and down 20.11% year-over-year from $118.8 million in Q1 2024.
Teekay (TK) Cost of Revenue (2009 - 2024) Analysis & Trends
Teekay's Cost of Revenue history runs 16 years deep, the most recent figure standing at $94.9 million for Q4 2024.
- Quarterly Cost of Revenue fell 20.11% year-over-year to $94.9 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $405.5 million (down 14.51% YoY) and the FY2025 annual result came in at $317.4 million, down 21.74% from the prior year.
- Cost of Revenue was $94.9 million for Q4 2024 at Teekay, up from $94.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $135.0 million in Q3 2022 and bottomed at $58.6 million in Q4 2020.
- A 5-year average of $100.0 million and a median of $100.9 million in 2022 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2020 — Cost of Revenue tumbled 48.41% — and 2022, when it surged 76.93%.
- Teekay's Cost of Revenue stood at $58.6 million in 2020, then surged by 63.66% to $96.0 million in 2021, then surged by 37.53% to $132.0 million in 2022, then declined by 9.97% to $118.8 million in 2023, then decreased by 20.11% to $94.9 million in 2024.
- Business Quant data shows TK's Cost of Revenue at $94.9 million in Q4 2024, $94.0 million in Q3 2024, and $100.1 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,943.60 Bn | 2,943.47 Bn | 167.16 Mn | 19.13 Mn |
| 2 | Flex LNG | 1,649.28 Bn | 1,648.89 Bn | 61.79 Mn | 18.67 Mn |
| 3 | Enbridge | 120.97 Bn | 119.64 Bn | 6.70 Bn | 9.60 Bn |
| 4 | Kinder Morgan | 112.45 Bn | 112.33 Bn | 3.07 Bn | 1.41 Bn |
| 5 | Enterprise Products Partners | 82.58 Bn | 81.38 Bn | - | - |
| 6 | Tc Energy | 71.17 Bn | 65.47 Bn | 1.36 Bn | 39.44 Mn |
| 7 | Energy Transfer | 68.75 Bn | 67.78 Bn | 6.62 Bn | 21.15 Bn |
| 8 | Mplx | 59.29 Bn | 57.78 Bn | 1.95 Bn | 402.00 Mn |
| 9 | Targa Resources | 57.65 Bn | 57.55 Bn | 1.70 Bn | 2.39 Bn |
| 10 | Teekay | 963.66 Mn | -9.08 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 94.93 Mn |
| Dec 31, 2024 | 94.93 Mn |
| Sep 30, 2024 | 93.98 Mn |
| Sep 30, 2024 | 93.98 Mn |
| Jun 30, 2024 | 100.10 Mn |
| Jun 30, 2024 | 100.10 Mn |
| Mar 31, 2024 | 116.53 Mn |
| Mar 31, 2024 | 116.53 Mn |
| Dec 31, 2023 | 118.83 Mn |
| Dec 31, 2023 | 118.83 Mn |
| Sep 30, 2023 | 113.27 Mn |
| Sep 30, 2023 | 113.27 Mn |
| Jun 30, 2023 | 118.08 Mn |
| Jun 30, 2023 | 118.08 Mn |
| Mar 31, 2023 | 124.19 Mn |
| Mar 31, 2023 | 124.19 Mn |
| Dec 31, 2022 | 131.99 Mn |
| Dec 31, 2022 | 131.99 Mn |
| Sep 30, 2022 | 135.01 Mn |
| Sep 30, 2022 | 135.01 Mn |