Teekay (TK) Return on Capital Employed (2009 - 2025)
Teekay (TK) posted Return on Capital Employed of 13.11% for Q4 2025, down 6.24% on a QoQ basis from 13.98% in Q2 2025, and down 461.0% year-over-year from 3.63% in Q4 2024.
Teekay (TK) Return on Capital Employed (2009 - 2025) Analysis & Trends
Teekay's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 13.11% for Q4 2025.
- Quarterly Return on Capital Employed fell 461.0% year-over-year to 13.11% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 13.11% (down 461.0% YoY) and the FY2025 annual result came in at 14.27%, down 361.0% from the prior year.
- Return on Capital Employed was 13.11% for Q4 2025 at Teekay, down from 13.98% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 29.39% in Q3 2023 and bottomed at 5.74% in Q4 2021.
- A 5-year average of 12.02% and a median of 13.59% in 2022 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2021 — Return on Capital Employed sank 1091 bps — and 2023, when it soared 3252 bps.
- Teekay's Return on Capital Employed stood at 5.74% in 2021, then soared by 330 bps to 13.21% in 2022, then soared by 104 bps to 26.98% in 2023, then plunged by 34 bps to 17.72% in 2024, then decreased by 26 bps to 13.11% in 2025.
- Business Quant data shows TK's Return on Capital Employed at 13.11% in Q4 2025, 13.98% in Q2 2025, and 17.72% in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 22.21% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 14.37% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 7.68% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 5.26% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 11.93% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 7.59% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 15.97% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 9.98% |
| 10 | Teekay | 962.12 Mn | 1.43 Bn | - | 13.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 13.11% |
| Jun 30, 2025 | 13.98% |
| Dec 31, 2024 | 17.72% |
| Sep 30, 2024 | 19.45% |
| Jun 30, 2024 | 21.18% |
| Mar 31, 2024 | 23.96% |
| Dec 31, 2023 | 26.98% |
| Sep 30, 2023 | 29.39% |
| Jun 30, 2023 | 29.11% |
| Mar 31, 2023 | 22.34% |
| Dec 31, 2022 | 13.21% |
| Sep 30, 2022 | 3.98% |
| Jun 30, 2022 | -3.41% |
| Mar 31, 2022 | -4.58% |
| Dec 31, 2021 | -5.74% |
| Sep 30, 2021 | -3.49% |
| Jun 30, 2021 | -2.50% |
| Mar 31, 2021 | 1.72% |
| Dec 31, 2020 | 4.01% |
| Sep 30, 2020 | 7.42% |