Teekay (TK) Gross Margin (2009 - 2024)
Teekay (TK) posted Gross Margin of 63.0% for Q4 2024, down 3.86% quarter-over-quarter from 65.53% in Q3 2024, and down 197.0% year-on-year from 64.95% in Q1 2024.
Teekay (TK) Gross Margin (2009 - 2024) Analysis & Trends
Teekay (TK) has reported Gross Margin for 16 consecutive years, with 63.0% the latest figure, recorded in Q4 2024.
- Gross Margin for Q4 2024 came in at 63.0%, down 197.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 66.77% (down 85.0% YoY), and the FY2025 annual result was 66.58%, down 19.0% from the prior year.
- Gross Margin was 63.0% for Q4 2024 at Teekay, down from 65.53% in the prior quarter.
- Over five years, Gross Margin peaked at 86.14% in Q2 2020 and troughed at 47.19% in Q3 2021.
- Average Gross Margin over 5 years is 64.81%, with a median of 65.25% recorded in 2023.
- Year-over-year, Gross Margin sank 3724 bps in 2021 and jumped 1811 bps in 2023.
- Over 5 years, Gross Margin stood at 68.87% in 2020, then slipped by 26 bps to 51.16% in 2021, then advanced by 30 bps to 66.46% in 2022, then decreased by 2 bps to 64.97% in 2023, then decreased by 3 bps to 63.0% in 2024.
- Per Business Quant data, the three most recent Gross Margin figures were 63.0% in Q4 2024, 65.53% in Q3 2024, and 69.31% in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Imperial Petroleum | 209.86 Bn | 209.78 Bn | 50.64 Mn | 82.05% |
| 2 | Kinder Morgan | 112.10 Bn | 113.18 Bn | 3.08 Bn | 63.77% |
| 3 | Enterprise Products Partners | 79.05 Bn | 77.90 Bn | - | - |
| 4 | Energy Transfer | 65.51 Bn | 64.79 Bn | 6.62 Bn | 23.85% |
| 5 | Mplx | 56.73 Bn | 55.22 Bn | 2.54 Bn | 83.61% |
| 6 | Targa Resources | 55.40 Bn | 55.43 Bn | 1.70 Bn | 41.52% |
| 7 | Oneok | 54.08 Bn | 53.95 Bn | 2.57 Bn | 26.67% |
| 8 | Cheniere Energy | 51.35 Bn | 53.55 Bn | 5.86 Bn | 99.93% |
| 9 | Cheniere Energy Partners | 29.53 Bn | 29.25 Bn | 838.00 Mn | 23.28% |
| 10 | Teekay | 857.83 Mn | 1.32 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 63.00% |
| Sep 30, 2024 | 65.53% |
| Jun 30, 2024 | 69.31% |
| Mar 31, 2024 | 68.08% |
| Dec 31, 2023 | 64.97% |
| Sep 30, 2023 | 63.66% |
| Jun 30, 2023 | 70.14% |
| Mar 31, 2023 | 70.34% |
| Dec 31, 2022 | 66.46% |
| Sep 30, 2022 | 55.47% |
| Jun 30, 2022 | 54.78% |
| Mar 31, 2022 | 52.23% |
| Dec 31, 2021 | 51.16% |
| Sep 30, 2021 | 47.19% |
| Jun 30, 2021 | 53.16% |
| Mar 31, 2021 | 62.58% |
| Dec 31, 2020 | 68.87% |
| Sep 30, 2020 | 84.43% |
| Jun 30, 2020 | 86.14% |
| Mar 31, 2020 | 78.82% |