Teekay (TK) Operating Margin (2009 - 2025)
Teekay (TK) posted Operating Margin of 27.41% for Q4 2024, up 43.19% on a QoQ basis from 19.14% in Q3 2024, and down 589.0% year-over-year from 5.61% in Q1 2024.
Teekay (TK) Operating Margin (2009 - 2025) Analysis & Trends
Teekay (TK) has reported Operating Margin for 16 consecutive years, with 27.41% the latest figure, recorded in Q4 2024.
- Operating Margin for Q4 2024 came in at 27.41%, down 589.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 29.93% (down 637.0% YoY), and the FY2025 annual result was 31.89%, up 196.0% from the prior year.
- Operating Margin was 27.41% for Q4 2024 at Teekay, up from 19.14% in the prior quarter.
- Over five years, Operating Margin peaked at 42.95% in Q1 2023 and troughed at 63.74% in Q2 2021.
- A 5-year average of 13.71% and a median of 24.26% in 2020 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2021 — Operating Margin plunged 9449 bps — and 2022, when it jumped 7328 bps.
- Year by year, Operating Margin stood at 7.12% in 2020, then plunged by 294 bps to 13.79% in 2021, then jumped by 373 bps to 37.65% in 2022, then retreated by 12 bps to 33.3% in 2023, then declined by 18 bps to 27.41% in 2024.
- Per Business Quant, the three latest TK Operating Margin figures stand at 27.41% (Q4 2024), 19.14% (Q3 2024), and 31.35% (Q2 2024).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 14.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 29.91% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 13.17% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 10.74% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.68% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 39.96% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 14.85% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 10.03% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 25.03% |
| 10 | Teekay | 860.41 Mn | 1.33 Bn | - | 42.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 42.55% |
| Jun 30, 2025 | 22.68% |
| Dec 31, 2024 | 27.41% |
| Sep 30, 2024 | 19.14% |
| Jun 30, 2024 | 31.35% |
| Mar 31, 2024 | 38.48% |
| Dec 31, 2023 | 33.30% |
| Sep 30, 2023 | 26.07% |
| Jun 30, 2023 | 39.88% |
| Mar 31, 2023 | 42.95% |
| Dec 31, 2022 | 37.65% |
| Sep 30, 2022 | 27.50% |
| Jun 30, 2022 | 9.54% |
| Mar 31, 2022 | -5.91% |
| Dec 31, 2021 | -13.79% |
| Sep 30, 2021 | -30.70% |
| Jun 30, 2021 | -63.74% |
| Mar 31, 2021 | -8.17% |
| Dec 31, 2020 | -23.28% |
| Sep 30, 2020 | 2.87% |