Teekay (TK) EBIT Margin (2009 - 2025)

Teekay (TK) posted EBIT Margin of 27.41% for Q4 2024, up 43.19% on a QoQ basis from 19.14% in Q3 2024, and down 589.0% year-over-year from 5.61% in Q1 2024.

Teekay (TK) EBIT Margin (2009 - 2025) Analysis & Trends

Teekay (TK) has reported EBIT Margin for 16 consecutive years, with 27.41% the latest figure, recorded in Q4 2024.

  • EBIT Margin for Q4 2024 came in at 27.41%, down 589.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 29.93% (down 637.0% YoY), and the FY2025 annual result was 31.89%, up 196.0% from the prior year.
  • EBIT Margin was 27.41% for Q4 2024 at Teekay, up from 19.14% in the prior quarter.
  • Over five years, EBIT Margin peaked at 42.95% in Q1 2023 and troughed at 63.74% in Q2 2021.
  • A 5-year average of 13.71% and a median of 24.26% in 2020 frame the typical range for EBIT Margin.
  • Annual changes were most pronounced in 2021 — EBIT Margin plunged 9449 bps — and 2022, when it jumped 7328 bps.
  • Year by year, EBIT Margin stood at 7.12% in 2020, then plunged by 294 bps to 13.79% in 2021, then jumped by 373 bps to 37.65% in 2022, then retreated by 12 bps to 33.3% in 2023, then declined by 18 bps to 27.41% in 2024.
  • Per Business Quant, the three latest TK EBIT Margin figures stand at 27.41% (Q4 2024), 19.14% (Q3 2024), and 31.35% (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 14.43%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 29.91%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 13.17%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 10.74%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.68%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 39.96%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 14.85%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 10.03%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 25.03%
10 Teekay 860.41 Mn 1.33 Bn - 42.55%

Historic Data

Download Data
DateValue
Dec 31, 2025 42.55%
Jun 30, 2025 22.68%
Dec 31, 2024 27.41%
Sep 30, 2024 19.14%
Jun 30, 2024 31.35%
Mar 31, 2024 38.48%
Dec 31, 2023 33.30%
Sep 30, 2023 26.07%
Jun 30, 2023 39.88%
Mar 31, 2023 42.95%
Dec 31, 2022 37.65%
Sep 30, 2022 27.50%
Jun 30, 2022 9.54%
Mar 31, 2022 -5.91%
Dec 31, 2021 -13.79%
Sep 30, 2021 -30.70%
Jun 30, 2021 -63.74%
Mar 31, 2021 -8.17%
Dec 31, 2020 -23.28%
Sep 30, 2020 2.87%