(TK) Teekay - Overview
Sector: Energy | Industry: Oil & Gas Midstream | Exchange: NYSE (USA) | Market Cap: 1.066m USD | Total Return: 77.4% in 12m
Avg Turnover: 7.41M
EPS Trend: -66.9%
Rev. Trend: -96.3%
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Teekay Corporation Ltd. (NYSE: TK) is a Bermuda-based marine transportation provider specializing in the global movement of crude oil and refined petroleum products. The company operates through two primary segments: Tankers and Marine Services. Its fleet includes 34 double-hull tankers, supported by a service suite encompassing technical management, ship-to-ship transfers, and commercial operations for energy companies and government agencies.
The business model relies on the cyclical tanker market, where earnings are driven by spot market rates and long-term time charters. In the Oil & Gas Storage & Transportation sector, double-hull vessels are the industry standard required by international maritime regulations to prevent environmental hazards during transport. Investors should review the latest filings on ValueRay to assess how current fleet age and spot rate volatility impact long-term valuation. Founded in 1973, the firm underwent a corporate name change to Teekay Corporation Ltd. in October 2024 while maintaining its focus on midstream energy infrastructure.
- Global crude oil demand shifts impact tanker utilization and spot rates
- Fluctuations in bunker fuel prices significantly alter operational profit margins
- Strategic fleet expansion and modernization influence long-term capital expenditure requirements
- Geopolitical tensions affecting maritime trade routes drive volatility in shipping rates
- Consolidation of technical and commercial management services boosts recurring service revenue
| Net Income: 69.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -17.39 > 1.0 |
| NWC/Revenue: 105.9% < 20% (prev 73.09%; Δ 32.76% < -1%) |
| CFO/TA 0.13 > 3% & CFO 301.8m > Net Income 69.8m |
| Net Debt (-894.4m) to EBITDA (462.3m): -1.93 < 3 |
| Current Ratio: 8.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (86.7m) vs 12m ago 3.83% < -2% |
| Gross Margin: 31.44% > 18% (prev 0.29%; Δ 3.12k% > 0.5%) |
| Asset Turnover: 44.12% > 50% (prev 50.48%; Δ -6.36% > 0%) |
| Interest Coverage Ratio: 483.4 > 6 (EBITDA TTM 462.3m / Interest Expense TTM 777k) |
| A: 0.44 (Total Current Assets 1.20b - Total Current Liabilities 134.7m) / Total Assets 2.40b |
| B: -0.06 (Retained Earnings -155.0m / Total Assets 2.40b) |
| C: 0.17 (EBIT TTM 375.6m / Avg Total Assets 2.27b) |
| D: 3.09 (Book Value of Equity 724.5m / Total Liabilities 234.2m) |
| Altman-Z'' = 7.05 = AAA |
| DSRI: 1.04 (Receivables 135.2m/140.9m, Revenue 1.00b/1.09b) |
| GMI: 0.93 (GM 31.44% / 29.20%) |
| AQI: 3.46 (AQ_t 0.07 / AQ_t-1 0.02) |
| SGI: 0.92 (Revenue 1.00b / 1.09b) |
| TATA: -0.10 (NI 69.8m - CFO 301.8m) / TA 2.40b) |
| Beneish M = -1.75 (Cap -4..+1) = CCC |
As of May 28, 2026, the stock is trading at USD 11.99 with a total of 653,389 shares traded.
Over the past week, the price has changed by -2.42%,
over one month by -1.91%,
over three months by +0.82% and
over the past year by +77.41%.
Teekay has no consensus analysts rating.
| Analysts Target Price | 5 | -58.3% |
P/E Trailing = 10.8407
P/E Forward = 9.6061
P/S = 1.1561
P/B = 1.6021
P/EG = 1.4915
Revenue TTM = 1.00b USD
EBIT TTM = 375.6m USD
EBITDA TTM = 462.3m USD
Long Term Debt = unknown (none)
Short Term Debt = 21.1m USD (from shortTermDebt, last fiscal year)
Debt = 46.4m USD (from shortLongTermDebtTotal, last fiscal year) (leases 46.4m already included)
Net Debt = -894.4m USD (calculated: Debt 46.4m - CCE 940.7m)
Enterprise Value = 171.5m USD (1.07b + Debt 46.4m - CCE 940.7m)
Interest Coverage Ratio = 483.4 (Ebit TTM 375.6m / Interest Expense TTM 777k)
EV/FCF = 1.58x (Enterprise Value 171.5m / FCF TTM 108.5m)
FCF Yield = 63.26% (FCF TTM 108.5m / Enterprise Value 171.5m)
FCF Margin = 10.81% (FCF TTM 108.5m / Revenue TTM 1.00b)
Net Margin = 6.95% (Net Income TTM 69.8m / Revenue TTM 1.00b)
Gross Margin = 31.44% ((Revenue TTM 1.00b - Cost of Revenue TTM 688.1m) / Revenue TTM)
Gross Margin QoQ = none% (prev -12.28%)
Tobins Q-Ratio = 0.07 (Enterprise Value 171.5m / Total Assets 2.40b)
Interest Expense / Debt = 1.68% (Interest Expense 777k / Debt 46.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = 296.7m (EBIT 375.6m * (1 - 21.00%))
Current Ratio = 8.89 (Total Current Assets 1.20b / Total Current Liabilities 134.7m)
Debt / Equity = 0.06 (Debt 46.4m / totalStockholderEquity, last fiscal year 724.5m)
Debt / EBITDA = -1.93 (Net Debt -894.4m / EBITDA 462.3m)
Debt / FCF = -8.24 (Net Debt -894.4m / FCF TTM 108.5m)
Total Stockholder Equity = 1.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.07% (Net Income 69.8m / Total Assets 2.40b)
RoE = 6.93% (Net Income TTM 69.8m / Total Stockholder Equity 1.01b)
RoCE = 16.60% (EBIT 375.6m / Capital Employed (Total Assets 2.40b - Current Liab 134.7m))
RoIC = 22.10% (NOPAT 296.7m / Invested Capital 1.34b)
WACC = 7.58% (E(1.07b)/V(1.11b) * Re(7.85%) + D(46.4m)/V(1.11b) * Rd(1.68%) * (1-Tc(0.21)))
Discount Rate = 7.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -49.44 | Cagr: -3.79%
[DCF] Terminal Value 73.10% ; FCFF base≈253.9m ; Y1≈222.7m ; Y5≈179.9m
[DCF] Fair Price = 43.46 (EV 2.89b - Net Debt -894.4m = Equity 3.78b / Shares 87.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -66.86 | EPS CAGR: -19.50% | SUE: N/A | # QB: 0
Revenue Correlation: -96.34 | Revenue CAGR: -18.05% | SUE: N/A | # QB: 0