Teekay (TK) Interest Expenses (2009 - 2024)
Teekay (TK) reported Interest Expenses of -$798000.0 for Q4 2024, up 81.07% on a YoY basis from -$440719.3 in Q1 2024, and up 5.45% quarter-over-quarter from -$844000.0 in Q3 2024.
Teekay (TK) Interest Expenses (2009 - 2024) Analysis & Trends
Teekay has reported Interest Expenses for 16 years, with the latest figure at -$798000.0 in Q4 2024.
- For the quarter ending Q4 2024, Interest Expenses rose 81.07% year-over-year to -$798000.0; the trailing twelve-month figure through Dec 2025 stood at -$1.6 million (up 78.23% YoY), and the FY2025 full-year result was $2.9 million, down 61.6% from the prior year.
- Interest Expenses for Q4 2024 stood at -$798000.0, up from -$844000.0 in the prior quarter.
- The five-year high for Interest Expenses was -$798000.0 in Q4 2024, with the low at -$62.5 million in Q1 2020.
- Historically, Interest Expenses has averaged -$18.4 million across 5 years, with a median of -$9.9 million in 2022.
- Annual changes were most pronounced in 2023 — Interest Expenses slipped 13.75% — and 2024, when it jumped 86.94%.
- Teekay's Interest Expenses stood at -$50.7 million in 2020, then soared by 69.62% to -$15.4 million in 2021, then soared by 36.64% to -$9.8 million in 2022, then soared by 56.82% to -$4.2 million in 2023, then surged by 81.07% to -$798000.0 in 2024.
- The last three Interest Expenses figures came in at -$798000.0 (Q4 2024), -$844000.0 (Q3 2024), and -$1.0 million (Q2 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 385.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -12.23 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 439.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 626.02 Mn |
| 10 | Teekay | 1.02 Bn | 1.48 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -798,000.00 |
| Dec 31, 2024 | -798,000.00 |
| Sep 30, 2024 | -844,000.00 |
| Sep 30, 2024 | -844,000.00 |
| Jun 30, 2024 | -1.00 Mn |
| Jun 30, 2024 | -1.00 Mn |
| Mar 31, 2024 | -4.90 Mn |
| Mar 31, 2024 | -4.90 Mn |
| Dec 31, 2023 | -4.22 Mn |
| Dec 31, 2023 | -4.22 Mn |
| Sep 30, 2023 | -6.46 Mn |
| Sep 30, 2023 | -6.46 Mn |
| Jun 30, 2023 | -5.96 Mn |
| Jun 30, 2023 | -5.96 Mn |
| Mar 31, 2023 | -11.38 Mn |
| Mar 31, 2023 | -11.38 Mn |
| Dec 31, 2022 | -9.76 Mn |
| Dec 31, 2022 | -9.76 Mn |
| Sep 30, 2022 | -9.40 Mn |
| Sep 30, 2022 | -9.40 Mn |