Teekay (TK) Operating Expenses (2009 - 2024)

Teekay (TK) posted Operating Expenses of -$18.2 million for Q4 2024, up 52.12% on a QoQ basis from -$38.0 million in Q3 2024, and up 36.3% year-over-year from -$13.4 million in Q1 2024.

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

Teekay (TK) has reported Operating Expenses for 16 consecutive years, with -$18.2 million the latest figure, recorded in Q4 2024.

  • Operating Expenses for Q4 2024 came in at -$18.2 million, up 36.3% year-over-year; the trailing twelve-month figure through Dec 2025 was -$56.2 million (up 56.81% YoY), and the FY2025 annual result was $238.9 million, down 5.44% from the prior year.
  • Operating Expenses was -$18.2 million for Q4 2024 at Teekay, up from -$38.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $2.9 million in Q3 2020 and troughed at -$47.7 million in Q1 2020.
  • A 5-year average of -$26.4 million and a median of -$25.9 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2020 — Operating Expenses soared 97.39% — and 2021, when it tumbled 1478.9%.
  • Year by year, Operating Expenses stood at -$37.5 million in 2020, then jumped by 36.81% to -$23.7 million in 2021, then dropped by 7.68% to -$25.5 million in 2022, then fell by 12.05% to -$28.6 million in 2023, then surged by 36.3% to -$18.2 million in 2024.
  • Per Business Quant, the three latest TK Operating Expenses figures stand at -$18.2 million (Q4 2024), -$38.0 million (Q3 2024), and -$37.7 million (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 13.95 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 3.38 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 12.50 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.70 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 333.70 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.82 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 274.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.45 Bn
10 Teekay 860.41 Mn 1.33 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -18.21 Mn
Sep 30, 2024 -38.04 Mn
Jun 30, 2024 -37.66 Mn
Mar 31, 2024 -36.31 Mn
Dec 31, 2023 -28.59 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 -23.70 Mn
Sep 30, 2021 -22.04 Mn
Jun 30, 2021 -21.33 Mn
Mar 31, 2021 -24.58 Mn
Dec 31, 2020 -27.66 Mn
Sep 30, 2020 -39.01 Mn
Jun 30, 2020 -46.00 Mn
Mar 31, 2020 -47.72 Mn