Teekay (TK) Tax Rate (2009 - 2024)
Teekay (TK) posted Tax Rate of 1.23% for Q4 2024, up 269.03% on a QoQ basis from 0.73% in Q3 2024, and up 343.0% year-over-year from 0.28% in Q1 2024.
Teekay (TK) Tax Rate (2009 - 2024) Analysis & Trends
Teekay (TK) has reported Tax Rate for 16 consecutive years, with 1.23% the latest figure, recorded in Q4 2024.
- Tax Rate for Q4 2024 came in at 1.23%, up 343.0% year-over-year; the trailing twelve-month figure through Dec 2024 was 0.1% (up 220.0% YoY), and the FY2025 annual result was 1.32%, down 142.0% from the prior year.
- Tax Rate was 1.23% for Q4 2024 at Teekay, up from 0.73% in the prior quarter.
- Over five years, Tax Rate peaked at 12.86% in Q4 2020 and troughed at 15.86% in Q2 2020.
- A 5-year average of 1.79% and a median of 1.71% in 2021 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2020 — Tax Rate plunged 2694 bps — and 2021, when it surged 1422 bps.
- Year by year, Tax Rate stood at 12.86% in 2020, then tumbled by 120 bps to 2.61% in 2021, then surged by 70 bps to 0.77% in 2022, then sank by 184 bps to 2.19% in 2023, then surged by 156 bps to 1.23% in 2024.
- Per Business Quant, the three latest TK Tax Rate figures stand at 1.23% (Q4 2024), 0.73% (Q3 2024), and 3.32% (Q2 2024).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 24.82% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 22.28% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.45% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 6.40% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.27% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.11% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 24.00% |
| 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 | 15.08% |
| 10 | Teekay | 860.41 Mn | 1.33 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.23% |
| Dec 31, 2024 | 1.23% |
| Sep 30, 2024 | -0.73% |
| Sep 30, 2024 | -0.73% |
| Jun 30, 2024 | -3.32% |
| Jun 30, 2024 | -3.32% |
| Mar 31, 2024 | 1.96% |
| Mar 31, 2024 | 1.96% |
| Dec 31, 2023 | -2.19% |
| Dec 31, 2023 | -2.19% |
| Sep 30, 2023 | 2.57% |
| Sep 30, 2023 | 2.57% |
| Jun 30, 2023 | -5.77% |
| Jun 30, 2023 | -5.77% |
| Mar 31, 2023 | -1.51% |
| Mar 31, 2023 | -1.51% |
| Dec 31, 2022 | -0.77% |
| Dec 31, 2022 | -0.77% |
| Sep 30, 2022 | -1.84% |
| Sep 30, 2022 | -1.84% |