Teekay (TK) Tax Provisions (2009 - 2024)
Teekay's (TK) quarterly Tax Provisions came in at $994000.0 in Q4 2024, up 138.54% YoY from $416698.0 in Q1 2024, and up 317.51% on a QoQ basis from -$457000.0 in Q3 2024.
Teekay (TK) Tax Provisions (2009 - 2024) Analysis & Trends
Teekay (TK) has 16 years of Tax Provisions data on file, last reported at $994000.0 in 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 rose to $994000.0 in Q4 2024, from -$457000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $17.2 million in Q2 2020 to a low of -$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 slumped 1654.02%.
- Tracing TK's Tax Provisions over 5 years: stood at -$17.3 million in 2020, then jumped by 109.02% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 272.00 Mn |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | 319.53 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.00 Mn |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | 194.00 Mn |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | 61.45 Mn |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | 299.00 Mn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 2.00 Mn |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | 227.20 Mn |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 366.00 Mn |
| 10 | Teekay | 1.12 Bn | -295.43 Mn | - | - |
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 |