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
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