TEEKAY CORP LTD (TK)
As-reported financials and SEC filings for TEEKAY CORP LTD. 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 TEEKAY CORP LTD
Teekay Corp Ltd operates primarily through its controlling interest in Teekay Tankers Ltd, owning and managing a fleet of crude oil and product tankers. The company provides marine transportation services, including ship-to-ship transfer and lightering operations, serving energy companies, oil traders, and governments worldwide. Teekay Tankers operates vessels in the spot market and under time-charter contracts, focusing on reliability, safety, and environmental standards.
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 Teekay
- Revenue fell 22.2% to $950M in FY2025, after a 16.7% decline the year before.
- Operating margin turned positive at 31.9% in FY2025, from a 27.2% operating loss in FY2021.
- Free cash flow was $112M in FY2025, 11.7% of revenue.
- Net income fell 26.7% to $98M in FY2025.
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 Teekay’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Teekay’s operating margin of 31.9% ranks in the 96th percentile of the 605 Industrials companies reporting it. Teekay’s gross margin of 66.6% ranks in the 94th percentile of the 466 Industrials companies reporting it. Teekay’s revenue growth of -22.2% ranks in the 6th percentile of the 668 Industrials companies reporting it.
No reported insider purchases (code P) in the last 90 days; 12 insider sales totaling $5.5M. 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. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.
Recent insider activity
Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.
| Trade date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
2026-08-21 | Locke Simon HeidiDirector | Sell | 1.0K | $13.64 | $14K |
2026-08-20 filed 2026-08-21 | Locke Simon HeidiDirector | Sell | 485 | $13.24 | $6K |
2026-08-19 | Speers BrodyChief Financial Officer | Sell | 2.0K | $13.08 | $26K |
2026-08-19 | Speers BrodyChief Financial Officer | Sell | 350 | $13.20 | $5K |
2026-08-19 filed 2026-08-21 | Locke Simon HeidiDirector | Sell | 96 | $13.19 | $1K |
2026-08-03 | Krediet RudolphDirector | Sell | 41.5K | $11.45 | $475K |
2026-06-22 | Locke Simon HeidiDirector | Sell | 18.1K | $12.37 | $224K |
2026-06-17 | Krediet RudolphDirector | Sell | 63.0K | $11.80 | $744K |
2026-06-12 | Hvid KennethPresident and CEO | Sell | 6.8K | $12.04 | $82K |
2026-06-11 filed 2026-06-12 | Hvid KennethPresident and CEO | Sell | 165.2K | $12.16 | $2.0M |
2026-06-11 filed 2026-06-12 | Hvid KennethPresident and CEO | Sell | 150.2K | $12.59 | $1.9M |
2026-06-11 filed 2026-06-12 | Speers BrodyChief Financial Officer | Sell | 5.5K | $12.15 | $67K |
Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-08-14 | 3.3M | -2.2% | 6.63 |
| 2026-07-31 | 3.3M | +0.6% | 5.94 |
| 2026-07-15 | 3.3M | -4.2% | 6.88 |
| 2026-06-30 | 3.5M | +2.9% | 4.89 |
| 2026-06-15 | 3.4M | +7.0% | 6.09 |
| 2026-05-29 | 3.1M | +12.9% | 3.99 |
| 2026-05-15 | 2.8M | -9.1% | 4.69 |
| 2026-04-30 | 3.1M | -0.3% | 7.10 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $949.5M | $1.22B | $1.46B | $1.19B | $682.5M |
| Gross profit | $632.1M | $814.8M | $990.6M | $694.6M | $367.4M |
| Operating income | $302.8M | $365.2M | $531.7M | $245.8M | $-185.4M |
| Net income | $98.1M | $133.8M | $150.6M | $78.4M | $7.8M |
| Diluted EPS | $1.13 | $1.42 | $1.54 | $0.76 | $0.08 |
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 | $940.7M | $685.3M | $480.1M | $309.9M | $109.0M |
| Current assets | $1.20B | $927.1M | $921.9M | $823.6M | $5.14B |
| Total assets | $2.36B | $2.15B | $2.20B | $2.16B | $6.53B |
| Current liabilities | $134.7M | $132.6M | $172.8M | $232.3M | $3.34B |
| Long-term debt | — | — | $0 | $0 | $416.2M |
| Total liabilities | $197.5M | $217.9M | $396.3M | $795.2M | $4.10B |
| Total equity | $2.16B | $1.94B | $1.80B | $1.37B | $2.43B |
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 | $301.8M | $467.2M | $629.8M | $199.2M | $78.1M |
| Capital expenditure | $190.3M | $70.5M | $0 | $0 | $21.4M |
| Free cash flow | $111.5M | $396.7M | $629.8M | $199.2M | $56.7M |
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.