Teekay (TK) Restructuring Costs (2009 - 2024)
Teekay (TK) posted Restructuring Costs of $11.2 million for Q4 2024, up 299.43% on a QoQ basis from -$5.6 million in Q3 2024, and up 234.88% year-over-year from $3.4 million in Q1 2024.
Teekay (TK) Restructuring Costs (2009 - 2024) Analysis & Trends
Teekay's Restructuring Costs history runs 16 years deep, the most recent figure standing at $11.2 million for Q4 2024.
- Quarterly Restructuring Costs rose 234.88% year-over-year to $11.2 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $9.0 million (up 433.93% YoY) and the FY2025 annual result came in at $5.6 million, down 0.57% from the prior year.
- Restructuring Costs was $11.2 million for Q4 2024 at Teekay, up from -$5.6 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $11.2 million in Q4 2024 and bottomed at -$5.6 million in Q3 2024.
- A 5-year average of -$1.1 million and a median of -$1.6 million in 2023 frame the typical range for Restructuring Costs.
- Annual changes were most pronounced in 2022 — Restructuring Costs sank 1417.16% — and 2024, when it surged 234.88%.
- Teekay's Restructuring Costs stood at -$1.6 million in 2020, then increased by 3.38% to -$1.5 million in 2021, then tumbled by 151.22% to -$3.8 million in 2022, then surged by 188.01% to $3.4 million in 2023, then jumped by 234.88% to $11.2 million in 2024.
- Business Quant data shows TK's Restructuring Costs at $11.2 million in Q4 2024, -$5.6 million in Q3 2024, and $3.4 million in Q4 2023.
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, 2024 | 11.23 Mn |
| Sep 30, 2024 | -5.63 Mn |
| Dec 31, 2023 | 3.35 Mn |
| Jun 30, 2023 | -58,000.00 |
| Mar 31, 2023 | -1.62 Mn |
| Dec 31, 2022 | -3.81 Mn |
| Sep 30, 2022 | -1.21 Mn |
| Jun 30, 2022 | -1.96 Mn |
| Mar 31, 2022 | -4.60 Mn |
| Dec 31, 2021 | -1.52 Mn |
| Mar 31, 2021 | -303,000.00 |
| Dec 31, 2020 | -1.57 Mn |
| Sep 30, 2020 | -2.14 Mn |
| Jun 30, 2020 | -4.62 Mn |
| Mar 31, 2020 | -2.39 Mn |
| Dec 31, 2019 | -1.64 Mn |
| Sep 30, 2019 | 414,000.00 |
| Jun 30, 2019 | -1.37 Mn |
| Mar 31, 2019 | -8.62 Mn |
| Dec 31, 2018 | 8.17 Mn |