Teekay (TK) Operating Leases (2019 - 2025)

Teekay (TK) reported Operating Leases of $17.1 million for Q4 2025, down 40.61% on a YoY basis from $28.7 million in Q4 2024, and down 27.26% quarter-over-quarter from $23.4 million in Q2 2025.

Teekay (TK) Operating Leases (2019 - 2025) Analysis & Trends

Teekay has reported Operating Leases for 7 years, with the latest figure at $17.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Leases fell 40.61% year-over-year to $17.1 million; the trailing twelve-month figure through Dec 2025 stood at $17.1 million (down 40.61% YoY), and the FY2025 full-year result was $17.1 million, down 40.61% from the prior year.
  • Operating Leases for Q4 2025 stood at $17.1 million, down from $23.4 million in the prior quarter.
  • The five-year high for Operating Leases was $93.0 million in Q1 2023, with the low at $3.9 million in Q3 2021.
  • Historically, Operating Leases has averaged $37.3 million across 5 years, with a median of $25.2 million in 2022.
  • Annual changes were most pronounced in 2021 — Operating Leases plunged 93.8% — and 2023, when it surged 846.08%.
  • Teekay's Operating Leases 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 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Teekay 1.02 Bn 1.48 Bn -

Historic Data

Download Data
DateValue
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 14.83 Mn
Mar 31, 2021 19.45 Mn
Dec 31, 2020 50.70 Mn
Sep 30, 2020 63.53 Mn