Teekay (TK) Tax Provisions (2009 - 2024)
Teekay (TK) posted Tax Provisions of $994000.0 for Q4 2024, up 317.51% on a QoQ basis from -$457000.0 in Q3 2024, and up 138.54% year-over-year from $416698.0 in Q1 2024.
Teekay (TK) Tax Provisions (2009 - 2024) Analysis & Trends
Teekay's Tax Provisions history runs 16 years deep, the most recent figure standing at $994000.0 for Q4 2024.
- Quarterly Tax Provisions rose 138.54% year-over-year to $994000.0 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was -$405000.0 (up 96.67% YoY) and the FY2025 annual result came in at -$4.6 million, down 1231.85% from the prior year.
- Tax Provisions was $994000.0 for Q4 2024 at Teekay, up from -$457000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $17.2 million in Q2 2020 and bottomed at -$17.3 million in Q4 2020.
- A 5-year average of -$832200.0 and a median of $64000.0 in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2020 — Tax Provisions soared 604.55% — and 2023, when it sank 1654.02%.
- Teekay's Tax Provisions stood at -$17.3 million in 2020, then soared by 109.02% to $1.6 million in 2021, then tumbled by 171.86% to -$1.1 million in 2022, then sank by 130.06% to -$2.6 million in 2023, then soared by 138.54% to $994000.0 in 2024.
- Business Quant data shows TK's Tax Provisions at $994000.0 in Q4 2024, -$457000.0 in Q3 2024, and -$3.8 million in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -126,000.00 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -23,000.00 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 272.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 428.04 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 22.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 102.54 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 135.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 123.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 245.00 Mn |
| 10 | Teekay | 962.12 Mn | 1.43 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 994,000.00 |
| Sep 30, 2024 | -457,000.00 |
| Jun 30, 2024 | -3.79 Mn |
| Mar 31, 2024 | 2.85 Mn |
| Dec 31, 2023 | -2.58 Mn |
| Sep 30, 2023 | 2.11 Mn |
| Jun 30, 2023 | -9.09 Mn |
| Mar 31, 2023 | -2.60 Mn |
| Dec 31, 2022 | -1.12 Mn |
| Sep 30, 2022 | -1.52 Mn |
| Jun 30, 2022 | 585,000.00 |
| Mar 31, 2022 | 636,000.00 |
| Dec 31, 2021 | 1.56 Mn |
| Sep 30, 2021 | 816,000.00 |
| Jun 30, 2021 | 1.98 Mn |
| Mar 31, 2021 | 608,000.00 |
| Dec 31, 2020 | -17.30 Mn |
| Sep 30, 2020 | -3.70 Mn |
| Jun 30, 2020 | 17.18 Mn |
| Mar 31, 2020 | -3.79 Mn |