Teekay (TK) Interest Expenses (2009 - 2024)
Teekay's (TK) quarterly Interest Expenses came in at -$798000.0 in 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.
Powered by 
Analysis
Teekay (TK) Interest Expenses (2009 - 2024) Analysis & Trends
Teekay (TK) has reported Interest Expenses for 16 consecutive years, with -$798000.0 the latest figure, recorded 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 2024 stood at -$7.5 million (up 73.07% YoY), and the FY2025 full-year result was -$2.9 million, up 61.6% from the prior year.
- Interest Expenses grew to -$798000.0 in Q4 2024 per TK's latest filing, from -$844000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at -$798000.0 in Q4 2024 and bottomed at -$62.5 million in Q1 2020.
- Historically, Interest Expenses has averaged -$16.8 million across 5 years, with a median of -$9.9 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses dropped 13.75% in 2023, then surged 86.94% in 2024.
- Over 5 years, Interest Expenses stood at -$19.5 million in 2020, then rose by 20.81% to -$15.4 million in 2021, then surged by 36.64% to -$9.8 million in 2022, then surged by 56.82% to -$4.2 million in 2023, then jumped by 81.07% to -$798000.0 in 2024.
- According to Business Quant data, Interest Expenses over the past three periods registered -$798000.0, -$844000.0, and -$1.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -35.23 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 10.98 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 1.60 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 10.56 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -10.19 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -157.87 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -36.10 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | -12.45 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -55.50 Mn |
| 10 | Teekay | 1.17 Bn | 2.05 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -798,000.00 |
| Sep 30, 2024 | -844,000.00 |
| Jun 30, 2024 | -1.00 Mn |
| Mar 31, 2024 | -4.90 Mn |
| Dec 31, 2023 | -4.22 Mn |
| Sep 30, 2023 | -6.46 Mn |
| Jun 30, 2023 | -5.96 Mn |
| Mar 31, 2023 | -11.38 Mn |
| Dec 31, 2022 | -9.76 Mn |
| Sep 30, 2022 | -9.40 Mn |
| Jun 30, 2022 | -9.41 Mn |
| Mar 31, 2022 | -10.00 Mn |
| Dec 31, 2021 | -15.41 Mn |
| Sep 30, 2021 | -16.89 Mn |
| Jun 30, 2021 | -17.70 Mn |
| Mar 31, 2021 | -18.42 Mn |
| Dec 31, 2020 | -19.45 Mn |
| Sep 30, 2020 | -53.18 Mn |
| Jun 30, 2020 | -59.25 Mn |
| Mar 31, 2020 | -62.52 Mn |