Teekay (TK) Tax Provisions (2009 - 2024)

Teekay (TK) reported Tax Provisions of $994000.0 for Q4 2024, up 138.54% on a YoY basis from $416698.0 in Q1 2024, and up 317.51% quarter-over-quarter from -$457000.0 in Q3 2024.

Teekay (TK) Tax Provisions (2009 - 2024) Analysis & Trends

Teekay has reported Tax Provisions for 16 years, with the latest figure at $994000.0 in Q4 2024.

  • For the quarter ending Q4 2024, Tax Provisions rose 138.54% year-over-year to $994000.0; the trailing twelve-month figure through Dec 2024 stood at -$405000.0 (up 96.67% YoY), and the FY2025 full-year result was -$4.6 million, down 1231.85% from the prior year.
  • Tax Provisions for Q4 2024 stood at $994000.0, up from -$457000.0 in the prior quarter.
  • The five-year high for Tax Provisions was $3.8 million in Q1 2020, with the low at -$18.7 million in Q4 2020.
  • Historically, Tax Provisions has averaged -$1.9 million across 5 years, with a median of $596500.0 in 2021.
  • The largest YoY upside for Tax Provisions was 239.02% in 2023 against a maximum downside of 1654.02% in 2023.
  • Teekay's Tax Provisions stood at -$18.7 million in 2020, then jumped by 108.36% to $1.6 million in 2021, then sank by 171.86% to -$1.1 million in 2022, then tumbled by 130.06% to -$2.6 million in 2023, then jumped by 138.54% to $994000.0 in 2024.
  • The last three Tax Provisions figures came in at $994000.0 (Q4 2024), -$457000.0 (Q3 2024), and -$3.8 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 428.04 Mn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 22.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 287.00 Mn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 135.00 Mn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 123.90 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 245.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 102.54 Mn
10 Teekay 1.02 Bn 1.48 Bn - -

Historic Data

Download Data
DateValue
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 -18.67 Mn
Sep 30, 2020 3.70 Mn
Jun 30, 2020 -17.18 Mn
Mar 31, 2020 3.79 Mn