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Teekay NYSE:TK Stock Report

Last Price


Market Cap







18 Aug, 2022


Company Financials
TK fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance0/6
Financial Health6/6

TK Stock Overview

Teekay Corporation engages in the international crude oil and other marine transportation services worldwide.

Teekay Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Teekay
Historical stock prices
Current Share PriceUS$3.70
52 Week HighUS$4.01
52 Week LowUS$2.54
1 Month Change26.71%
3 Month Change12.12%
1 Year Change41.22%
3 Year Change-0.80%
5 Year Change-60.39%
Change since IPO-68.17%

Recent News & Updates

Aug 04

Teekay Non-GAAP EPS of $0.05, revenue of $280.79M

Teekay press release (NYSE:TK): Q2 Non-GAAP EPS of $0.05. Revenue of $280.79M (+83.3% Y/Y). Total adjusted EBITDA of $50.6M in the second quarter of 2022. Teekay Tankers secured strong third quarter-to-date spot tanker rates of $29,600 per day for its Suezmax fleet, $35,600 per day for its Aframax fleet, and $35,400 per day for its LR2 fleet, which are three to five times higher compared to the third quarter of 2021.

Shareholder Returns

TKUS Oil and GasUS Market

Return vs Industry: TK underperformed the US Oil and Gas industry which returned 64.7% over the past year.

Return vs Market: TK exceeded the US Market which returned -9% over the past year.

Price Volatility

Is TK's price volatile compared to industry and market?
TK volatility
TK Average Weekly Movement5.9%
Oil and Gas Industry Average Movement8.9%
Market Average Movement7.6%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: TK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: TK's weekly volatility (6%) has been stable over the past year.

About the Company

19734,795Kenneth Hvid

Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company provides a full suite of ship-to-ship transfer services in the oil, gas, and dry bulk industries; lightering and lightering support; and operational and maintenance marine, as well as offshore production services. As of March 1, 2022, it operated a fleet of approximately 55 vessels.

Teekay Fundamentals Summary

How do Teekay's earnings and revenue compare to its market cap?
TK fundamental statistics
Market CapUS$376.93m
Earnings (TTM)-US$111.29m
Revenue (TTM)US$838.32m


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TK income statement (TTM)
Cost of RevenueUS$715.19m
Gross ProfitUS$123.14m
Other ExpensesUS$234.43m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date


Earnings per share (EPS)-1.09
Gross Margin14.69%
Net Profit Margin-13.28%
Debt/Equity Ratio7.3%

How did TK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.


Is TK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TK?

Other financial metrics that can be useful for relative valuation.

TK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.5x
Enterprise Value/EBITDA42x
PEG Ration/a

Price to Sales Ratio vs Peers

How does TK's PS Ratio compare to its peers?

TK PS Ratio vs Peers
The above table shows the PS ratio for TK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.7x
BKEP Blueknight Energy Partners
NAT Nordic American Tankers
ASC Ardmore Shipping
TNP Tsakos Energy Navigation
TK Teekay

Price-To-Sales vs Peers: TK is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (1.7x).

Price to Earnings Ratio vs Industry

How does TK's PE Ratio compare vs other companies in the US Oil and Gas Industry?

Price-To-Sales vs Industry: TK is good value based on its Price-To-Sales Ratio (0.4x) compared to the US Oil and Gas industry average (1.7x)

Price to Sales Ratio vs Fair Ratio

What is TK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate TK's Price-To-Sales Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of TK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TK ($3.7) is trading above our estimate of fair value ($0.13)

Significantly Below Fair Value: TK is trading above our estimate of fair value.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Teekay forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted Energy industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Teekay has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

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  • Examine Teekay's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Teekay competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Teekay performed over the past 5 years?

Past Performance Score


Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TK is currently unprofitable.

Growing Profit Margin: TK is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: TK is unprofitable, and losses have increased over the past 5 years at a rate of 11.2% per year.

Accelerating Growth: Unable to compare TK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TK is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (184.6%).

Return on Equity

High ROE: TK has a negative Return on Equity (-12.35%), as it is currently unprofitable.

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Financial Health

How is Teekay's financial position?

Financial Health Score


Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TK's short term assets ($665.7M) exceed its short term liabilities ($264.9M).

Long Term Liabilities: TK's short term assets ($665.7M) exceed its long term liabilities ($599.4M).

Debt to Equity History and Analysis

Debt Level: TK has more cash than its total debt.

Reducing Debt: TK's debt to equity ratio has reduced from 169.5% to 7.3% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable TK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.8% per year.

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What is Teekay current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TK's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: TK is not paying a notable dividend for the US market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as TK has not reported any payouts.

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How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Kenneth Hvid (54 yo)



Mr. Kenneth Hvid serves as Chairman of the Board at Teekay Tankers Ltd. since June 12, 2019. He served as Chairman of Teekay GP LLC at Seapeak LLC.He has been a Director of Teekay Tankers Ltd. since Febru...

Leadership Team

Experienced Management: TK's management team is seasoned and experienced (5.6 years average tenure).

Board Members

Experienced Board: TK's board of directors are considered experienced (4.9 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Teekay Corporation's employee growth, exchange listings and data sources

Key Information

  • Name: Teekay Corporation
  • Ticker: TK
  • Exchange: NYSE
  • Founded: 1973
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Implied Market Cap: US$376.927m
  • Shares outstanding: 101.87m
  • Website:

Number of Employees


  • Teekay Corporation
  • Belvedere Building
  • 4th Floor
  • Hamilton
  • HM 08
  • Bermuda


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Annual Earnings2021/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.