Teekay TK
NYSE TK
$13.62 +0.15 (+1.11%)
At close: Sep 4, 2026 · 4:00 PM EDT

Teekay (TK) Operating Expenses (2009 - 2024)

Teekay's (TK) quarterly Operating Expenses came in at -$29.5 million in Q4 2024, up 7.73% on a YoY basis from -$27.4 million in Q1 2024, and up 22.5% quarter-over-quarter from -$38.0 million in Q3 2024.

Analysis

Teekay (TK) Operating Expenses (2009 - 2024) Analysis & Trends

Teekay (TK) has reported Operating Expenses for 16 consecutive years, with -$29.5 million the latest figure, recorded in Q4 2024.

  • For the quarter ending Q4 2024, Operating Expenses rose 7.73% year-over-year to -$29.5 million; the trailing twelve-month figure through Dec 2024 stood at -$141.5 million (down 8.75% YoY), and the FY2025 full-year result was $238.9 million, down 5.44% from the prior year.
  • Operating Expenses rose to -$29.5 million in Q4 2024 per TK's latest filing, from -$38.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $153.8 million in Q3 2020 and bottomed at -$85.8 million in Q4 2021.
  • Historically, Operating Expenses has averaged -$748700.0 across 5 years, with a median of -$29.6 million in 2023.
  • The sharpest annual moves came in 2020 and 2022: Operating Expenses slumped 263.1% in 2020, then surged 70.25% in 2022.
  • Over 5 years, Operating Expenses stood at -$43.3 million in 2020, then tumbled by 98.06% to -$85.8 million in 2021, then soared by 70.25% to -$25.5 million in 2022, then declined by 25.19% to -$31.9 million in 2023, then gained by 7.73% to -$29.5 million in 2024.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$29.5 million, -$38.0 million, and -$37.7 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 347.18 Mn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 800.04 Mn
3 Matson 6.74 Bn 6.62 Bn - 810.50 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 168.38 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -47.20 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -783.93 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -10.41 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 202.38 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -72.60 Mn
10 Teekay 1.17 Bn 2.05 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 -29.48 Mn
Sep 30, 2024 -38.04 Mn
Jun 30, 2024 -37.66 Mn
Mar 31, 2024 -36.31 Mn
Dec 31, 2023 -31.95 Mn
Sep 30, 2023 -33.20 Mn
Jun 30, 2023 -35.18 Mn
Mar 31, 2023 -29.78 Mn
Dec 31, 2022 -25.52 Mn
Sep 30, 2022 -22.10 Mn
Jun 30, 2022 -22.66 Mn
Mar 31, 2022 -26.23 Mn
Dec 31, 2021 -85.76 Mn
Sep 30, 2021 122.36 Mn
Jun 30, 2021 130.57 Mn
Mar 31, 2021 -24.58 Mn
Dec 31, 2020 -43.30 Mn
Sep 30, 2020 153.76 Mn
Jun 30, 2020 147.80 Mn
Mar 31, 2020 -47.72 Mn