Teekay (TK) Cost of Revenue (2009 - 2024)
Teekay (TK) reported Cost of Revenue of $94.9 million for Q4 2024, down 20.11% on a YoY basis from $118.8 million in Q1 2024, and up 1.01% quarter-over-quarter from $94.0 million in Q3 2024.
Teekay (TK) Cost of Revenue (2009 - 2024) Analysis & Trends
Teekay has reported Cost of Revenue for 16 years, with the latest figure at $94.9 million in Q4 2024.
- For the quarter ending Q4 2024, Cost of Revenue fell 20.11% year-over-year to $94.9 million; the trailing twelve-month figure through Dec 2024 stood at $405.5 million (down 14.51% YoY), and the FY2025 full-year result was $317.4 million, down 21.74% from the prior year.
- Cost of Revenue for Q4 2024 stood at $94.9 million, up from $94.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $135.0 million in Q3 2022, with the low at $61.7 million in Q3 2020.
- Historically, Cost of Revenue has averaged $100.3 million across 5 years, with a median of $100.9 million in 2022.
- Annual changes were most pronounced in 2020 — Cost of Revenue plunged 43.3% — and 2022, when it surged 76.93%.
- Teekay's Cost of Revenue stood at $64.4 million in 2020, then surged by 48.93% to $96.0 million in 2021, then soared by 37.53% to $132.0 million in 2022, then slipped by 9.97% to $118.8 million in 2023, then fell by 20.11% to $94.9 million in 2024.
- The last three Cost of Revenue figures came in at $94.9 million (Q4 2024), $94.0 million (Q3 2024), and $100.1 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 89.89 Bn | 90.59 Bn | 6.70 Bn | 9.60 Bn |
| 2 | Enterprise Products Partners | 82.10 Bn | 80.95 Bn | - | - |
| 3 | Kinder Morgan | 70.96 Bn | 72.04 Bn | 3.08 Bn | 1.75 Bn |
| 4 | Energy Transfer | 65.68 Bn | 64.96 Bn | 6.62 Bn | 21.15 Bn |
| 5 | Scorpio Tankers | 59.56 Bn | 58.58 Bn | - | 68.80 Mn |
| 6 | Targa Resources | 58.53 Bn | 58.56 Bn | 1.70 Bn | 2.39 Bn |
| 7 | Oneok | 57.23 Bn | 57.10 Bn | 2.57 Bn | 7.05 Bn |
| 8 | Mplx | 57.20 Bn | 55.69 Bn | 2.54 Bn | 498.00 Mn |
| 9 | Tc Energy | 51.34 Bn | 52.53 Bn | 2.95 Bn | 39.44 Mn |
| 10 | Teekay | 1.03 Bn | 1.49 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 |