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| 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 | -18.67 Mn |
| Sep 30, 2020 | 3.70 Mn |
| Jun 30, 2020 | -17.18 Mn |
| Mar 31, 2020 | 3.79 Mn |