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 (TK) has reported Tax Provisions for 16 consecutive years, with $994000.0 the latest figure, recorded in Q4 2024.
- Tax Provisions for Q4 2024 came in at $994000.0, up 138.54% year-over-year; the trailing twelve-month figure through Dec 2024 was -$405000.0 (up 96.67% YoY), and the FY2025 annual result was -$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.
- Over five years, Tax Provisions peaked at $3.7 million in Q3 2020 and troughed at -$18.7 million in Q4 2020.
- A 5-year average of -$2.2 million and a median of $64000.0 in 2022 frame the typical range for Tax Provisions.
- Peak annual rise in Tax Provisions reached 239.02% in 2023, while the deepest fall reached 1654.02% in 2023.
- Year by year, Tax Provisions stood at -$18.7 million in 2020, then soared 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 soared by 138.54% to $994000.0 in 2024.
- Per Business Quant, the three latest TK Tax Provisions figures stand at $994000.0 (Q4 2024), -$457000.0 (Q3 2024), and -$3.8 million (Q2 2024).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 428.04 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 287.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 22.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 135.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 123.90 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 245.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 111.00 Mn |
| 10 | Teekay | 860.41 Mn | 1.33 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 |