Teekay (TK) Net Margin (2009 - 2025)
Teekay (TK) posted Net Margin of 13.57% for Q4 2025, up 68.92% on a QoQ basis from 8.03% in Q2 2025, and up 373.0% year-over-year from 2.87% in Q4 2024.
Teekay (TK) Net Margin (2009 - 2025) Analysis & Trends
Teekay's Net Margin history runs 17 years deep, the most recent figure standing at 13.57% for Q4 2025.
- Quarterly Net Margin rose 373.0% year-over-year to 13.57% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 7.74% (up 567.0% YoY) and the FY2025 annual result came in at 10.33%, down 63.0% from the prior year.
- Net Margin was 13.57% for Q4 2025 at Teekay, up from 8.03% in the prior quarter.
- Across five years, Net Margin topped out at 35.42% in Q4 2023 and bottomed at 51.47% in Q1 2021.
- A 5-year average of 1.96% and a median of 0.0% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2021 — Net Margin slumped 4280 bps — and 2022, when it surged 5147 bps.
- Teekay's Net Margin stood at 21.09% in 2021, then sank by 100 bps to 0.0% in 2022, then soared by 33558338 bps to 35.42% in 2023, then sank by 72 bps to 9.84% in 2024, then jumped by 38 bps to 13.57% in 2025.
- Business Quant data shows TK's Net Margin at 13.57% in Q4 2025, 8.03% in Q2 2025, and 9.84% in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 88.32% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 21.07% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 19.97% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 10.40% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.05% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.30% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 11.71% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 8.07% |
| 10 | Teekay | 962.12 Mn | 1.43 Bn | - | 13.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 13.57% |
| Jun 30, 2025 | 8.03% |
| Dec 31, 2024 | 9.84% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 35.42% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 21.09% |
| Sep 30, 2021 | -1.96% |
| Jun 30, 2021 | -1.20% |
| Mar 31, 2021 | -51.47% |
| Dec 31, 2020 | 7.70% |
| Sep 30, 2020 | -8.93% |
| Jun 30, 2020 | 4.50% |