Teekay (TK) EBITDA Margin (2009 - 2025)
Teekay (TK) posted EBITDA Margin of 42.55% for Q4 2025, up 87.61% on a QoQ basis from 22.68% in Q2 2025, and up 1514.0% year-over-year from 2.64% in Q4 2024.
Teekay (TK) EBITDA Margin (2009 - 2025) Analysis & Trends
Teekay's EBITDA Margin history runs 17 years deep, the most recent figure standing at 42.55% for Q4 2025.
- Quarterly EBITDA Margin rose 1514.0% year-over-year to 42.55% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 27.95% (down 198.0% YoY) and the FY2025 annual result came in at 31.89%, up 196.0% from the prior year.
- EBITDA Margin was 42.55% for Q4 2025 at Teekay, up from 22.68% in the prior quarter.
- Across five years, EBITDA Margin topped out at 42.95% in Q1 2023 and bottomed at 63.74% in Q2 2021.
- A 5-year average of 15.35% and a median of 26.74% in 2023 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2021 — EBITDA Margin plunged 9449 bps — and 2022, when it soared 7328 bps.
- Teekay's EBITDA Margin stood at 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, then jumped by 55 bps to 42.55% in 2025.
- Business Quant data shows TK's EBITDA Margin at 42.55% in Q4 2025, 22.68% in Q2 2025, and 27.41% in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 71.56% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 79.97% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 30.06% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 13.17% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.10% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 10.74% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.68% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 14.85% |
| 10 | Teekay | 962.12 Mn | 1.43 Bn | - | 42.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |