Seapeak LLC (SEAL-PA)
As-reported financials and SEC filings for Seapeak LLC. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About Seapeak LLC
Seapeak LLC provides marine transportation services specializing in liquefied natural gas (LNG) and natural gas liquids (NGL). The company operates a fleet of LNG and NGL carriers under medium to long-term fixed-rate charters, serving major energy and utility companies globally. Seapeak also holds a 30% ownership interest in an LNG receiving and regasification terminal in Bahrain.
Snapshot
Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at Seapeak
- Revenue fell 10.4% to $637M in FY2025, after a 2.2% decline the year before.
- Operating margin is 20.5% in FY2025, -20.7 pp against 41.2% in FY2021.
- Free cash flow was $212M in FY2025, 33.2% of revenue.
- Net income turned positive at $26M in FY2025, from a $96M loss in FY2024.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Seapeak’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Seapeak’s FCF margin of 33.2% ranks in the 98th percentile of the 562 Industrials companies reporting it. Seapeak’s operating margin of 20.5% ranks in the 89th percentile of the 605 Industrials companies reporting it. Seapeak’s revenue growth of -10.4% ranks in the 14th percentile of the 668 Industrials companies reporting it.
No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $637.0M | $710.7M | $726.8M | $624.5M | $597.8M |
| Gross profit | — | — | — | — | — |
| Operating income | $130.9M | $-94.5M | $315.3M | $177.3M | $246.5M |
| Net income | $26.0M | $-95.8M | $317.7M | $241.6M | $255.5M |
| Diluted EPS | — | — | — | — | — |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $122.9M | $153.7M | $168.4M | $215.7M | $92.1M |
| Current assets | $298.9M | $290.1M | $307.2M | $440.0M | $217.4M |
| Total assets | $5.14B | $5.38B | $5.66B | $5.77B | $4.80B |
| Current liabilities | $706.6M | $477.4M | $440.1M | $803.5M | $366.8M |
| Long-term debt | $595.9M | $882.4M | $960.2M | $927.3M | $1.22B |
| Total liabilities | $2.95B | $3.07B | $2.98B | $3.41B | $2.87B |
| Total equity | — | — | — | — | — |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating cash flow | $272.9M | $395.3M | $362.7M | $276.8M | $198.9M |
| Capital expenditure | $61.3M | $257.7M | $148.0M | $108.0M | $42.0M |
| Free cash flow | $211.6M | $137.6M | $214.7M | $168.8M | $156.9M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Company facts
Selected SEC filings
Largest Industrials peers
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.