Teekay Corporation (TK) Financial Ratios
30 years of historical data (1996–2025) · Energy · Oil & Gas Midstream
EV/EBITDA
↓
0.47
↓-52% vs avg
5yr avg: 0.99
30Y Low0.1·High25.5
P/FCF
↑
9.52
↑+160% vs avg
5yr avg: 3.67
30Y Low0.2·High70.0
P/B Ratio
↑
0.47
↑+53% vs avg
5yr avg: 0.31
30Y Low0.1·High1.6
ROE
↑
4.8%
-8% vs avg
5yr avg: 5.2%
30Y Low-16%·High39%
Debt/EBITDA
↓
0.16
↓-74% vs avg
5yr avg: 0.61
30Y Low0.1·High20.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
TK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Teekay Corporation trades at 10.4x earnings, 17% below its 5-year average of 12.5x, sitting at the 50th percentile of its historical range. Compared to the Energy sector median P/E of 15.5x, the stock trades at a discount of 32%. On a free-cash-flow basis, the stock trades at 9.5x P/FCF, 160% above the 5-year average of 3.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.0B | $777M | $646M | $691M | $464M | $321M | $217M | $536M | $333M | $805M | $636M |
| Enterprise Value | $138M | $-117910140 | $27M | $438M | $764M | $1.2B | $1.1B | $5.1B | $5.0B | $5.0B | $7.1B |
| P/E Ratio → | 10.45 | 7.92 | 4.88 | 4.64 | 5.97 | 39.25 | — | — | — | — | — |
| P/S Ratio | 1.09 | 0.82 | 0.53 | 0.47 | 0.39 | 0.47 | 0.12 | 0.28 | 0.19 | 0.43 | 0.27 |
| P/B Ratio | 0.47 | 0.36 | 0.33 | 0.38 | 0.34 | 0.13 | 0.09 | 0.21 | 0.12 | 0.28 | 0.16 |
| P/FCF | 9.52 | 7.16 | 1.65 | 1.12 | 2.52 | 5.88 | 0.23 | 1.96 | — | — | — |
| P/OCF | 3.42 | 2.58 | 1.38 | 1.10 | 2.33 | 4.22 | 0.22 | 1.40 | 1.83 | 1.57 | 1.02 |
P/E links to full P/E history page with 30-year chart
TK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Teekay Corporation's enterprise value stands at 0.5x EBITDA, 52% below its 5-year average of 1.0x. The Energy sector median is 7.8x, placing the stock at a 94% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.12 | 0.02 | 0.30 | 0.64 | 1.80 | 0.60 | 2.64 | 2.91 | 2.65 | 3.05 |
| EV / EBITDA | 0.47 | -0.40 | 0.06 | 0.70 | 2.22 | — | 5.39 | 113.27 | 11.30 | 10.12 | 7.43 |
| EV / EBIT | 0.67 | -0.57 | 0.06 | 0.79 | 3.06 | — | 15.44 | — | 23.03 | — | 18.02 |
| EV / FCF | — | -1.09 | 0.07 | 0.71 | 4.16 | 22.51 | 1.13 | 18.51 | — | — | — |
TK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Teekay Corporation earns an operating margin of 21.8%, above the Energy sector average of 13.8%. Operating margins have compressed from 36.3% to 21.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 4.8% is modest, trailing the sector median of 7.2%. ROIC of 12.0% represents solid returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.5% | 27.5% | 32.3% | 39.6% | 24.6% | -7.3% | 30.8% | 24.3% | 18.7% | 20.7% | 27.6% |
| Operating Margin | 21.8% | 21.8% | 29.9% | 36.3% | 20.6% | -27.2% | 3.9% | -5.7% | 9.6% | 0.4% | 16.5% |
| Net Profit Margin | 10.3% | 10.3% | 11.0% | 10.3% | 6.6% | 1.1% | -4.6% | -16.2% | -4.6% | -8.7% | -5.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.8% | 4.8% | 7.2% | 9.5% | 4.1% | 0.3% | -3.3% | -11.4% | -2.8% | -4.7% | -3.2% |
| ROA | 4.3% | 4.3% | 6.2% | 6.9% | 1.8% | 0.1% | -1.1% | -3.8% | -1.0% | -1.6% | -1.0% |
| ROIC | 12.0% | 12.0% | 19.1% | 24.8% | 7.4% | -4.2% | 1.0% | -1.1% | 1.7% | 0.1% | 2.7% |
| ROCE | 9.7% | 9.7% | 18.1% | 26.9% | 9.6% | -4.0% | 1.1% | -1.5% | 2.3% | 0.1% | 3.4% |
TK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Teekay Corporation carries a Debt/EBITDA ratio of 0.2x, which is very conservative (94% below the sector average of 2.6x). The company holds a net cash position — cash of $941M exceeds total debt of $46M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 71.4x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.03 | 0.13 | 0.45 | 0.42 | 0.40 | 1.90 | 1.77 | 1.61 | 1.72 |
| Debt / EBITDA | 0.16 | 0.16 | 0.14 | 0.36 | 1.77 | — | 4.95 | 109.19 | 11.50 | 9.39 | 7.36 |
| Net Debt / Equity | — | -0.41 | -0.32 | -0.14 | 0.22 | 0.37 | 0.35 | 1.76 | 1.62 | 1.45 | 1.58 |
| Net Debt / EBITDA | -3.05 | -3.05 | -1.35 | -0.40 | 0.87 | — | 4.31 | 101.29 | 10.54 | 8.49 | 6.76 |
| Debt / FCF | — | -8.25 | -1.58 | -0.41 | 1.63 | 16.63 | 0.91 | 16.55 | — | — | — |
| Interest Coverage | 71.35 | 71.35 | 54.30 | 19.91 | 6.47 | -3.13 | 0.79 | -1.75 | 0.85 | -0.79 | 1.39 |
Net cash position: cash ($941M) exceeds total debt ($46M)
TK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Teekay Corporation's current ratio of 8.89x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 5.33x to 8.89x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 8.89 | 8.89 | 6.99 | 5.33 | 3.55 | 1.54 | 0.76 | 0.98 | 1.31 | 0.61 | 0.78 |
| Quick Ratio | 8.67 | 8.67 | 6.65 | 5.03 | 3.28 | 1.52 | 0.76 | 0.98 | 1.31 | 0.61 | 0.78 |
| Cash Ratio | 7.23 | 7.23 | 5.41 | 3.78 | 2.24 | 0.04 | 0.14 | 0.54 | 0.64 | 0.33 | 0.44 |
| Asset Turnover | — | 0.40 | 0.57 | 0.67 | 0.55 | 0.10 | 0.26 | 0.24 | 0.20 | 0.23 | 0.18 |
| Inventory Turnover | 23.40 | 23.40 | 17.97 | 16.62 | 14.75 | 14.93 | — | — | — | — | — |
| Days Sales Outstanding | — | 51.96 | 42.15 | 46.80 | 68.62 | 55.86 | 38.90 | 58.30 | 77.69 | 51.90 | 46.30 |
TK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Teekay Corporation returns 8.8% to shareholders annually — split between a 8.3% dividend yield and 0.5% buyback yield. The payout ratio of 86.9% is elevated — while still covered by earnings, there is limited headroom for dividend increases. The earnings yield of 9.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 8.3% | 11.0% | 13.2% | — | — | 23.5% | 14.6% | 1.0% | 6.6% | 2.4% | 2.7% |
| Payout Ratio | 86.9% | 86.9% | 63.6% | — | — | 964.6% | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.6% | 12.6% | 20.5% | 21.5% | 16.7% | 2.5% | — | — | — | — | — |
| FCF Yield | 10.5% | 14.0% | 60.6% | 89.7% | 39.6% | 17.0% | 440.7% | 51.1% | — | — | — |
| Buyback Yield | 0.5% | 0.6% | 18.0% | 8.0% | 4.5% | 1.5% | 0.0% | 4.8% | 100.0% | 2.4% | 0.0% |
| Total Shareholder Yield | 8.8% | 11.6% | 31.1% | 8.0% | 4.5% | 25.0% | 14.6% | 5.8% | 100.0% | 4.8% | 2.7% |
| Shares Outstanding | — | $86M | $93M | $97M | $102M | $102M | $101M | $101M | $100M | $86M | $79M |
Peer Comparison
Compare TK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 TKYou | $1B | 10.4 | 0.5 | 9.5 | 27.5% | 21.8% | 4.8% | 12.0% | 0.2 |
 FRO | $9B | 24.1 | 12.9 | 13.6 | 32.8% | 30.2% | 15.6% | 8.1% | 3.3 |
 INSW | $4B | 13.6 | 9.9 | 109.7 | 42.3% | 36.3% | 16.0% | 9.4% | 1.2 |
 NAT | $1B | 100.9 | 18.6 | — | 19.8% | 9.9% | 2.6% | 2.8% | 4.9 |
 TNK | $3B | 7.4 | 6.0 | 22.9 | 27.5% | 22.6% | 18.5% | 12.5% | 0.2 |
 DHT | $3B | 14.4 | 12.3 | — | 38.2% | 34.2% | 19.4% | 8.9% | 1.6 |
 FLNG | $2B | 21.6 | 11.9 | 11.9 | 52.9% | 50.6% | 9.8% | 6.1% | 7.3 |
 GLNG | $5B | 76.3 | 35.9 | — | 46.9% | 34.4% | 3.0% | 2.9% | 14.9 |
 NFE | $124M | -0.1 | 116.2 | — | 9.1% | -11.3% | -159.7% | -1.3% | 119.5 |
 STNG | $4B | 11.5 | 8.2 | 8.5 | 46.2% | 33.0% | 11.4% | 7.2% | 1.3 |
 CVX | $346B | 26.2 | 10.4 | 20.9 | 30.4% | 9.0% | 7.1% | 6.2% | 1.3 |
| Energy Median | — | 15.5 | 7.8 | 13.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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TK — Frequently Asked Questions
Quick answers to the most common questions about buying TK stock.
What is Teekay Corporation's P/E ratio?
Teekay Corporation's current P/E ratio is 10.4x. The historical average is 15.1x. This places it at the 50th percentile of its historical range.
What is Teekay Corporation's EV/EBITDA?
Teekay Corporation's current EV/EBITDA is 0.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.8x.
What is Teekay Corporation's ROE?
Teekay Corporation's return on equity (ROE) is 4.8%. The historical average is 4.4%.
Is TK stock overvalued?
Based on historical data, Teekay Corporation is trading at a P/E of 10.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Teekay Corporation's dividend yield?
Teekay Corporation's current dividend yield is 8.32% with a payout ratio of 86.9%.
What are Teekay Corporation's profit margins?
Teekay Corporation has 27.5% gross margin and 21.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Teekay Corporation have?
Teekay Corporation's Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.