TK
$14.57-1.95%
TK financial statements
The full income statement, balance sheet, and cash-flow statement for Teekay Corporation Ltd. (TK), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2017-12 89.1M2018-12 100.4M2019-12 100.8M2020-12 101.1M2021-12 101.6M2022-12 98.3M2023-12 91.0M2024-12 84.1M2025-12 86.1M-3.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 950M-22.2% | 1.22B-16.7% | 1.46B+23.1% | 1.19B+74.4% | 683M-40.5% | |
| Cost of revenue | 317M-21.7% | 406M-14.5% | 474M-4.3% | 496M+57.3% | 315M+6.0% | |
| Selling, general & administrative | 54.8M-10.3% | 61.1M+6.0% | 57.6M+0.1% | 57.6M-22.6% | 74.4M+16.0% | |
| General & administrative | 54.8M-10.3% | 61.1M+6.0% | 57.6M+0.1% | 57.6M-22.6% | 74.4M+16.0% | |
| Restructuring | 5.57M-1.1% | 5.63M+235.8% | 1.68M-85.5% | 11.6M+536.2% | 1.82M-83.0% | |
| Amortization of intangibles | — | — | 400K+0.0% | 400K-20.0% | 500K-50.0% | |
| Operating income | 303M-17.1% | 365M-31.3% | 532M+116.4% | 246M+232.6% | -185M-364.0% | |
| Interest expense | 2.90M-61.6% | 7.54M-73.1% | 28.0M-27.4% | 38.6M-43.6% | 68.4M-23.2% | |
| Interest & investment income | 36.2M-2.8% | 37.2M+54.3% | 24.1M+260.7% | 6.69M+3858.0% | 169K-88.3% | |
| Other non-operating income | 1.70M-60.8% | 4.33M+356.3% | -1.69M+44.8% | -3.07M+79.8% | -15.2M-183.8% | |
| Equity-method income | 9.62M+247.6% | 2.77M-19.4% | 3.43M+1306.6% | 244K+101.7% | -14.1M-376.6% | |
| Gain (loss) on equity securities | -1.40M-200.0% | 1.40M | 0.00 | 0.00 | — | |
| Pre-tax income | 347M-13.6% | 402M-24.1% | 530M+150.9% | 211M+174.7% | -282M-1406.7% | |
| Income tax | -4.58M-1231.9% | 405K-96.7% | 12.2M+758.3% | 1.42M+128.6% | -4.96M-189.3% | |
| 98.1M-26.7% | 134M-11.2% | 151M+92.1% | 78.4M+904.4% | 7.81M+109.4% | ||
| Income from continuing operations | — | 134M-11.2% | 151M+309.9% | 36.8M+135.8% | -103M+20.9% | |
| Net income to non-controlling interest | 254M-5.2% | 268M-27.0% | 367M+230.6% | 111M+1093.0% | -11.2M-106.4% | |
| $1.13-20.4% | $1.42-7.8% | $1.54+102.6% | $0.76+850.0% | $0.08+109.8% | ||
| EPS (basic) | $1.14-22.4% | $1.47-7.5% | $1.59+106.5% | $0.77+862.5% | $0.08+109.8% | |
| Weighted-avg shares (basic) | 86.0M-5.7% | 91.3M-3.4% | 94.5M-7.5% | 102M-0.0% | 102M+1.1% | |
| Weighted-avg shares (diluted) | 86.7M-7.0% | 93.3M-3.5% | 96.6M-7.4% | 104M+2.2% | 102M+1.1% | |
| Dividends per share | $0.99-2.0% | $1.01 | $0.00 | — | $0.00 | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.20B+29.1% | 927M+0.6% | 922M+11.9% | 824M-84.0% | 5.14B+644.8% | ||
| Cash & equivalents | 941M+37.3% | 685M+42.8% | 480M+54.9% | 310M+184.3% | 109M-15.4% | |
| Short-term investments | 0.00-100.0% | 22.4M-87.0% | 173M-17.8% | 210M | 0.00 | |
| Accounts receivable | 83.2M-0.2% | 83.3M-29.3% | 118M-16.4% | 141M+134.9% | 60.0M-58.0% | |
| Inventory | 29.4M-36.1% | 46.0M-13.6% | 53.2M-12.5% | 60.8M+24.1% | 49.0M | |
| Prepaid expenses | 17.0M+32.5% | 12.8M | — | — | — | |
| Other current assets | 15.4M+161.4% | 5.87M | 0.00 | — | — | |
| 2.36B+9.6% | 2.15B-2.0% | 2.20B+1.5% | 2.16B-66.9% | 6.53B-6.0% | ||
| Property, plant & equipment | 1.00B-11.6% | 1.13B+21.8% | 929M+116.1% | 430M-53.5% | 925M-16.2% | |
| Operating lease right-of-use | 38.2M-26.8% | 52.2M-31.6% | 76.3M+77.9% | 42.9M+200.9% | 14.3M-55.7% | |
| Goodwill | 2.40M+0.0% | 2.40M+0.0% | 2.40M+0.0% | 2.40M+0.0% | 2.40M+0.0% | |
| Intangible assets | 0.00-100.0% | 307K-53.3% | 658K-37.4% | 1.05M-29.7% | 1.49M-25.4% | |
| Other non-current assets | 122M+428.4% | 23.1M | — | — | — | |
| 135M+1.6% | 133M-23.3% | 173M-25.6% | 232M-93.0% | 3.34B+269.7% | ||
| Accounts payable | 20.0M-22.2% | 25.7M | — | — | — | |
| Accrued liabilities | 84.7M+11.1% | 76.2M+2157.2% | 3.38M-95.7% | 78.3M-16.5% | 93.7M-23.5% | |
| Deferred revenue | — | 2.53M-25.6% | 3.40M+106.2% | 1.65M+93.7% | 852K-79.8% | |
| Short-term & current debt | — | — | 0.00-100.0% | 21.2M-91.7% | 255M+2251.3% | |
| Current lease liability | 21.1M-15.1% | 24.9M-30.7% | 35.9M+116.4% | 16.6M+76.6% | 9.39M-15.5% | |
| Other current liabilities | 8.94M+54.2% | 5.80M | — | — | — | |
| Finance lease liability (current) | — | 0.00-100.0% | 20.5M-65.9% | 60.2M+122.6% | 27.0M-65.6% | |
| 197M-9.4% | 218M-45.0% | 396M-50.2% | 795M-80.6% | 4.10B-8.4% | ||
| Long-term debt | — | — | 0.00 | 0.00-100.0% | 416M-27.2% | |
| Non-current lease liability | 17.1M-40.6% | 28.7M-29.0% | 40.4M+50.5% | 26.9M+451.7% | 4.87M-78.3% | |
| Finance lease liability | — | 0.00-100.0% | 119M-74.8% | 473M+76.7% | 267M-5.0% | |
| Other non-current liabilities | 45.7M-19.3% | 56.7M-11.4% | 64.0M+0.7% | 63.5M-12.4% | 72.5M-33.5% | |
| 2.16B+11.8% | 1.94B+7.5% | 1.80B+31.4% | 1.37B-43.7% | 2.43B-1.6% | ||
| Retained earnings | -155M+7.1% | -167M+21.7% | -213M+46.2% | -397M+22.7% | -513M+2.6% | |
| Accumulated other comprehensive income | — | — | 0.00+100.0% | -1.97M+92.3% | -25.5M+47.8% | |
| Non-controlling interest | 1.44B+17.4% | 1.23B+14.7% | 1.07B+43.1% | 746M-61.1% | 1.92B-3.6% | |
| Total equity incl. non-controlling | 2.16B+11.8% | 1.94B+7.5% | 1.80B+31.4% | 1.37B-43.7% | 2.43B-1.6% | |
| Total liabilities & equity | 2.36B+9.6% | 2.15B-2.0% | 2.20B+1.5% | 2.16B-66.9% | 6.53B-6.0% | |
| Common shares issued | 86.1M+1.0% | 85.2M-7.8% | 92.4M-9.5% | 102M+0.5% | 102M+0.5% | |
| Common shares outstanding | 86.1M+2.4% | 84.1M-7.6% | 91.0M-7.4% | 98.3M-3.2% | 102M+0.5% | |
| Shares outstanding (cover) | 86.1M+2.4% | 84.1M-7.6% | 91.0M-7.4% | 98.3M-3.2% | 102M+0.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 302M-35.4% | 467M-25.8% | 630M+216.2% | 199M+154.9% | 78.1M-92.1% | ||
| Depreciation & amortization | 86.6M-7.4% | 93.6M-4.1% | 97.6M-1.5% | 99.0M-6.6% | 106M-19.3% | |
| Intangible amortization | — | — | 400K+0.0% | 400K-20.0% | 500K-50.0% | |
| Deferred income taxes | -1.65M+20.1% | -2.06M-68.6% | -1.22M-238.3% | 885K+200.5% | -881K+26.4% | |
| Change in receivables | — | -35.2M-52.9% | -23.0M-128.5% | 80.9M+196.9% | -83.5M-154.8% | |
| Change in inventory | -7.97M-29.9% | -6.13M+0.3% | -6.15M | — | — | |
| Change in payables | -5.71M+30.8% | -8.25M+38.5% | -13.4M-313.3% | 6.29M+108.1% | -78.0M-1125.0% | |
| 80.4M-48.9% | 157M+188.1% | 54.7M-82.3% | 309M+4209.3% | 7.17M-88.6% | ||
| Capital expenditure | 190M+169.9% | 70.5M | 0.00 | 0.00-100.0% | 21.4M+33.8% | |
| Free cash flow | 112M-71.9% | 397M-37.0% | 630M+216.2% | 199M+251.4% | 56.7M-94.1% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | — | — | — | 82.6M+42.2% | 58.1M-4.6% | |
| Other investing activities | — | — | — | 0.00 | 0.00-100.0% | |
| -130M+68.8% | -416M+20.0% | -520M-13.9% | -457M-102.5% | -226M+79.4% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 221M-61.5% | |
| Long-term debt repaid | 0.00 | 0.00-100.0% | 21.2M-62.8% | 56.9M+406.8% | 11.2M-77.5% | |
| Common stock issued | 13.2M+129.8% | 5.74M-1.6% | 5.83M | 0.00 | 0.00 | |
| Common stock repurchased | 4.95M-92.5% | 66.3M+30.7% | 50.7M+230.0% | 15.4M | 0.00 | |
| Dividends paid | 85.3M+0.3% | 85.0M | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -5.03M+8.2% | -5.48M-30.8% | -4.19M | 0.00+100.0% | -1.05M-31.1% | |
| Net change in cash | 252M+21.2% | 208M+26.9% | 164M+220.5% | 51.2M+136.5% | -140M-178.3% | |
| Interest paid | 1.90M-66.7% | 5.70M-72.7% | 20.9M-46.0% | 38.7M-40.0% | 64.5M-22.2% | |
| Income taxes paid | 7.60M+22.6% | 6.20M+8.8% | 5.70M+714.3% | 700K-36.4% | 1.10M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 777M+33.4% | 583M-17.1% | 703M+52.4% | 461M+44.6% | 319M+46.7% | |
| P/E | 7.9×+81.9% | 4.4×-51.4% | 9.0×-84.8% | 59.1×+44.6% | 40.9× | |
| P/S | 0.8×+71.5% | 0.5×-19.2% | 0.6×-12.6% | 0.7×+44.6% | 0.5×+146.4% | |
| P/B | 0.4×+19.4% | 0.3×-41.4% | 0.5×+170.8% | 0.2×+44.6% | 0.1×+49.1% | |
| P/FCF | 7.0×+374.6% | 1.5×-58.4% | 3.5×-56.6% | 8.1×+44.6% | 5.6×+2406.1% | |
| Earnings yield | 12.6%-45.0% | 23.0%+105.9% | 11.2%+558.9% | 1.7%-30.8% | 2.4% | |
| FCF yield | 14.3%-78.9% | 68.1%+140.4% | 28.3%+130.5% | 12.3%-30.8% | 17.8%-96.0% | |
| Dividend yield | 11.0%-24.8% | 14.6% | 0.00% | — | 0.00% | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: TK’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TK filings on SEC EDGAR → Not investment advice.