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 (TK) has reported Cost of Revenue for 16 consecutive years, with $94.9 million the latest figure, recorded in Q4 2024.
- Cost of Revenue for Q4 2024 came in at $94.9 million, down 20.11% year-over-year; the trailing twelve-month figure through Dec 2024 was $405.5 million (down 14.51% YoY), and the FY2025 annual result was $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.
- Over five years, Cost of Revenue peaked at $135.0 million in Q3 2022 and troughed at $61.7 million in Q3 2020.
- A 5-year average of $100.3 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 43.3% — and 2022, when it soared 76.93%.
- Year by year, Cost of Revenue stood at $64.4 million in 2020, then jumped by 48.93% 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.
- Per Business Quant, the three latest TK Cost of Revenue figures stand at $94.9 million (Q4 2024), $94.0 million (Q3 2024), and $100.1 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 9.60 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.75 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 21.15 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 2.39 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 498.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 7.05 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 2.76 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 270.00 Mn |
| 10 | Teekay | 860.41 Mn | 1.33 Bn | - | - |
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 |