Teekay (TK) Operating Leases (2019 - 2025)
Teekay (TK) posted Operating Leases of $17.1 million for Q4 2025, down 27.26% on a QoQ basis from $23.4 million in Q2 2025, and down 40.61% year-over-year from $28.7 million in Q4 2024.
Teekay (TK) Operating Leases (2019 - 2025) Analysis & Trends
Teekay's Operating Leases history runs 7 years deep, the most recent figure standing at $17.1 million for 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 was $17.1 million for Q4 2025 at Teekay, down from $23.4 million in the prior quarter.
- Across five years, Operating Leases topped out at $93.0 million in Q1 2023 and bottomed at $3.9 million in Q3 2021.
- A 5-year average of $37.3 million and a median of $25.2 million in 2022 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2021 — Operating Leases tumbled 93.8% — and 2023, when it surged 846.08%.
- Teekay's Operating Leases stood at $4.9 million in 2021, then surged by 451.73% to $26.9 million in 2022, then surged by 50.54% to $40.4 million in 2023, then dropped by 28.98% to $28.7 million in 2024, then sank by 40.61% to $17.1 million in 2025.
- Business Quant data shows TK's Operating Leases at $17.1 million in Q4 2025, $23.4 million in Q2 2025, and $28.7 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Teekay | 962.12 Mn | 1.43 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |