Teekay (TK) Operating Leases (2019 - 2026)

Teekay's (TK) quarterly Operating Leases came in at $17.1 million in Q4 2025, down 40.61% YoY from $28.7 million in Q4 2024, and down 27.26% on a QoQ basis from $23.4 million in Q2 2025.

Teekay (TK) Operating Leases (2019 - 2026) Analysis & Trends

Teekay (TK) has 7 years of Operating Leases data on file, last reported at $17.1 million in Q4 2025.

  • Quarterly Operating Leases fell 40.61% year-over-year to $17.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $17.1 million (down 40.61% YoY) and the FY2025 annual result came in at $17.1 million, down 40.61% from the prior year.
  • Operating Leases declined to $17.1 million in Q4 2025, from $23.4 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $93.0 million in Q1 2023 to a low of $3.9 million in Q3 2021.
  • A 5-year average of $38.7 million and a median of $29.1 million in 2021 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2021 — Operating Leases plunged 93.8% — and 2023, when it surged 846.08%.
  • Tracing TK's Operating Leases over 5 years: stood at $4.9 million in 2021, then soared by 451.73% to $26.9 million in 2022, then soared by 50.54% to $40.4 million in 2023, then decreased by 28.98% to $28.7 million in 2024, then tumbled by 40.61% to $17.1 million in 2025.
  • The last three Operating Leases figures came in at $17.1 million (Q4 2025), $23.4 million (Q2 2025), and $28.7 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn
2 Enbridge 111.03 Bn 109.54 Bn 5.23 Bn
3 Enterprise Products Partners 83.34 Bn 82.44 Bn -
4 Energy Transfer 72.41 Bn 71.38 Bn 7.40 Bn
5 Tc Energy 65.97 Bn 58.41 Bn 1.24 Bn
6 Oneok 60.11 Bn 59.94 Bn 2.81 Bn
7 Mplx 60.04 Bn 59.01 Bn 2.73 Bn
8 Targa Resources 59.42 Bn 59.29 Bn 2.14 Bn
9 Cheniere Energy 56.10 Bn 54.85 Bn 5.29 Bn
10 Teekay 1.13 Bn -287.11 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 11.23 Mn
Dec 31, 2025 17.05 Mn
Jun 30, 2025 23.44 Mn
Dec 31, 2024 28.72 Mn
Sep 30, 2024 54.00 Mn
Jun 30, 2024 63.70 Mn
Mar 31, 2024 65.87 Mn
Dec 31, 2023 40.43 Mn
Sep 30, 2023 86.62 Mn
Jun 30, 2023 90.95 Mn
Mar 31, 2023 93.04 Mn
Dec 31, 2022 26.86 Mn
Sep 30, 2022 16.80 Mn
Jun 30, 2022 9.61 Mn
Mar 31, 2022 11.96 Mn
Dec 31, 2021 4.87 Mn
Sep 30, 2021 3.94 Mn
Jun 30, 2021 29.50 Mn
Mar 31, 2021 29.50 Mn
Dec 31, 2020 50.70 Mn