Teekay (TK) Divestments (2009 - 2021)
Teekay's (TK) quarterly Divestments came in at -$16.0 million in Q4 2021, up 39.64% on a YoY basis from -$11.4 million in Q4 2020, and down 27.87% quarter-over-quarter from -$12.5 million in Q3 2021.
Analysis
Teekay (TK) Divestments (2009 - 2021) Analysis & Trends
Teekay (TK) has reported Divestments for 11 consecutive years, with -$16.0 million the latest figure, recorded in Q4 2021.
- For the quarter ending Q4 2021, Divestments rose 39.64% year-over-year to -$16.0 million; the trailing twelve-month figure through Dec 2021 stood at -$31.0 million (up 86.59% YoY), and the FY2025 full-year result was $345.2 million, up 288.81% from the prior year.
- Divestments eased to -$16.0 million in Q4 2021 per TK's latest filing, from -$12.5 million in the prior quarter.
- Across five years, Divestments topped out at $54.4 million in Q1 2018 and bottomed at -$258.8 million in Q4 2019.
- Historically, Divestments has averaged -$18.0 million across 4 years, with a median of -$1.3 million in 2021.
- The sharpest annual moves came in 2019 and 2020: Divestments tumbled 1044.94% in 2019, then soared 89.78% in 2020.
- Over 4 years, Divestments stood at $27.4 million in 2018, then sank by 1044.94% to -$258.8 million in 2019, then jumped by 89.78% to -$26.4 million in 2020, then surged by 39.64% to -$16.0 million in 2021.
- According to Business Quant data, Divestments over the past three periods registered -$16.0 million, -$12.5 million, and $4.7 million for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | - |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | - |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | - |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | - |
| 10 | Teekay | 1.17 Bn | 2.05 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | -15.97 Mn |
| Sep 30, 2021 | -12.49 Mn |
| Jun 30, 2021 | 4.67 Mn |
| Mar 31, 2021 | -7.19 Mn |
| Dec 31, 2020 | -26.45 Mn |
| Sep 30, 2020 | 27.10 Mn |
| Jun 30, 2020 | 27.10 Mn |
| Dec 31, 2019 | -258.77 Mn |
| Dec 31, 2018 | 27.39 Mn |
| Mar 31, 2018 | 54.44 Mn |
| Sep 30, 2015 | 7.82 Mn |
| Jun 30, 2015 | 15.12 Mn |
| Mar 31, 2015 | 3.70 Mn |
| Dec 31, 2014 | -18.38 Mn |
| Sep 30, 2014 | 10.18 Mn |
| Jun 30, 2014 | 11.32 Mn |
| Dec 31, 2013 | -8.66 Mn |
| Sep 30, 2013 | 142.58 Mn |
| Jun 30, 2013 | -2.30 Mn |
| Mar 31, 2013 | -134.11 Mn |