Teekay Corporation (TK) Key Metrics
TK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.23B
- Enterprise value
- −$23.9M
- P/E (TTM)
- 6.8 10-yr median 5.9
- Forward P/E
- 9.6
- PEG ratio
- 1.49
- Price / sales
- 1.1 10-yr median 0.4
- Price / book
- 1.6 10-yr median 0.7
- EV / EBITDA
- 0.0 10-yr median 6.4
- Dividend yield
- 7.11% $1.00 a year
- Beta
- 0.24
TK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTK valuation Price multiples at each fiscal year-end price.
TK returns How much profit the business earns on the capital it uses.
TK per-share figures Results divided by the shares outstanding at year-end.
TK financial health Debt, liquidity and how easily interest is covered.
TK efficiency & capital use Working capital cycle and where the cash goes.
TK valuation history
TK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TK cash returned to shareholders
TK price vs earnings per share
TK key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $777.1M | $646.4M | $691.0M | $463.6M | $320.7M | $217.3M | $535.8M | $332.9M | $804.6M | $636.1M |
| Enterprise value | −$149.9M | −$5.8M | $265.5M | $553.9M | $1.22B | $1.09B | $5.10B | $4.96B | $4.98B | $7.14B |
| P/E ratio | 7.9 | 4.8 | 4.6 | 5.9 | 41.1 | — | — | — | — | — |
| Price / sales | 0.8 | 0.5 | 0.5 | 0.4 | 0.5 | 0.2 | 0.3 | 0.2 | 0.4 | 0.3 |
| Price / book | 1.1 | 0.9 | 0.9 | 0.7 | 0.6 | 0.5 | 0.2 | 0.4 | 1.0 | 0.2 |
| Price / free cash flow | 7.2 | 1.6 | 1.1 | 2.5 | 5.9 | 0.2 | 2.0 | — | — | — |
| Price / operating cash flow | 2.6 | 1.4 | 1.1 | 2.3 | 4.2 | 0.2 | 1.4 | 1.8 | 1.6 | 1.0 |
| EV / sales | -0.2 | -0.0 | 0.2 | 0.5 | 1.8 | 0.9 | 2.7 | 2.9 | 2.6 | 3.1 |
| EV / EBITDA | — | — | 0.4 | 1.6 | — | 5.4 | — | 10.1 | 18.1 | 7.4 |
| EV / free cash flow | — | — | 0.4 | 3.0 | 22.3 | 1.1 | 18.6 | — | — | — |
| Earnings yield | 12.6% | 20.7% | 21.8% | 16.9% | 2.4% | −38.2% | −58.0% | −23.8% | −20.3% | −19.4% |
| Free cash flow yield | 14.0% | 60.6% | 89.7% | 39.6% | 17.0% | 440.7% | 51.1% | −153.7% | −67.1% | −4.0% |
| Dividend yield | 11.0% | 13.2% | 0.0% | 0.0% | 23.5% | 14.6% | 1.0% | 6.6% | 2.4% | 2.7% |
| Shareholder yield (dividends + buybacks) | 11.6% | 31.1% | 8.0% | 4.5% | 25.0% | 21.8% | 5.8% | 6.6% | 4.8% | 2.7% |
| Share price at fiscal year-end | $9.03 | $6.93 | $7.15 | $4.54 | $3.14 | $2.15 | $5.32 | $3.34 | $9.32 | $8.03 |
| Per share | ||||||||||
| Revenue per share | $11.03 | $13.08 | $15.16 | $11.65 | $6.68 | $11.34 | $19.09 | $17.13 | $21.78 | $29.40 |
| Earnings per share | $1.14 | $1.43 | $1.56 | $0.77 | $0.08 | −$0.82 | −$3.08 | −$0.79 | −$1.89 | −$1.56 |
| Operating cash flow per share | $3.51 | $5.01 | $6.52 | $1.95 | $0.74 | $9.74 | $3.81 | $1.83 | $5.95 | $7.89 |
| Free cash flow per share | $1.26 | $4.20 | $6.41 | $1.80 | $0.53 | $9.48 | $2.72 | −$5.13 | −$6.26 | −$0.32 |
| Cash per share | $11.31 | $7.70 | $6.75 | $5.09 | $1.18 | $1.28 | $3.51 | $4.38 | $5.27 | $7.17 |
| Book value per share | $8.42 | $7.61 | $7.58 | $6.11 | $5.04 | $4.76 | $25.53 | $8.12 | $9.00 | $51.63 |
| Tangible book value per share | $8.39 | $7.35 | $7.32 | $6.07 | $4.79 | $4.72 | $24.70 | $6.90 | $7.42 | $48.27 |
| Dividends per share | $0.99 | $0.91 | $0.00 | $0.00 | $0.74 | $0.31 | $0.05 | $0.22 | $0.22 | $0.22 |
| Capex per share | $2.25 | $0.81 | $0.11 | $0.15 | $0.21 | $0.26 | $1.09 | $6.96 | $12.21 | $8.21 |
| Debt per share | $0.54 | $0.70 | $2.35 | $5.97 | $9.95 | $9.87 | $48.84 | $50.85 | $53.60 | $89.34 |
| Shares outstanding | 86.1M | 93.3M | 96.6M | 102.1M | 102.1M | 101.1M | 100.7M | 99.7M | 86.3M | 79.2M |
| Change in shares outstanding | −7.7% | −3.5% | −5.4% | −0.0% | +1.1% | +0.3% | +1.1% | +15.4% | +9.0% | +8.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 13.7% | 18.6% | 22.2% | 13.8% | 1.6% | −5.4% | −18.4% | −10.0% | −6.7% | −4.9% |
| Return on invested capital (ROIC) | — | 200.3% | 101.8% | 23.0% | −10.6% | 1.3% | −1.4% | 2.5% | 0.1% | 3.3% |
| Return on assets (ROA) | 4.3% | 6.2% | 6.9% | 1.8% | 0.1% | −1.1% | −3.8% | −1.0% | −1.6% | −1.0% |
| Return on tangible assets | 4.1% | 6.3% | 6.9% | 3.6% | 0.1% | −1.2% | −3.9% | −1.0% | −2.1% | −1.0% |
| Free cash flow margin | 11.4% | 32.1% | 42.3% | 15.4% | 8.0% | 83.5% | 14.2% | −30.0% | −28.7% | −1.1% |
| Income quality (OCF / net income) | 3.08 | 3.49 | 4.18 | 2.54 | 9.73 | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $46.4M | $65.6M | $227.2M | $610.2M | $1.02B | $997.5M | $4.92B | $5.07B | $4.63B | $7.08B |
| Cash & short-term investments | $973.4M | $717.8M | $652.7M | $519.9M | $121.0M | $129.6M | $353.2M | $436.8M | $455.3M | $568.0M |
| Net debt | −$927.0M | −$652.2M | −$425.5M | $90.3M | $895.0M | $867.9M | $4.57B | $4.63B | $4.17B | $6.51B |
| Debt / equity | 0.06 | 0.09 | 0.31 | 0.98 | 1.97 | 2.07 | 1.91 | 6.27 | 5.95 | 1.73 |
| Debt / assets | 0.02 | 0.03 | 0.10 | 0.28 | 0.16 | 0.14 | 0.61 | 0.60 | 0.57 | 0.55 |
| Net debt / EBITDA | −2.12 | −1.30 | −0.65 | 0.26 | — | 4.30 | — | 9.41 | 15.19 | 6.74 |
| Current ratio | 8.89 | 6.99 | 5.33 | 3.55 | 1.54 | 0.76 | 0.68 | 1.31 | 0.61 | 0.66 |
| Quick ratio | 8.67 | 6.65 | 5.03 | 3.28 | 1.52 | 0.68 | 1.08 | 1.75 | 0.78 | 0.81 |
| Interest coverage | 71.4 | 48.4 | 19.0 | 6.4 | -2.7 | 0.8 | -1.0 | 0.6 | 0.0 | 1.4 |
| Working capital | $1.06B | $794.5M | $749.1M | $591.3M | $1.80B | −$213.1M | −$422.1M | $211.9M | −$532.2M | −$521.4M |
| Invested capital | −$202.5M | $57.5M | $306.8M | $713.8M | $1.41B | $1.35B | $7.14B | $5.44B | $4.95B | $10.60B |
| Tangible asset value | $2.16B | $1.91B | $1.78B | $1.37B | $2.41B | $2.47B | $2.49B | $2.75B | $2.74B | $3.82B |
| Net current asset value | $963.0M | $709.1M | $525.7M | $28.4M | $1.04B | −$3.78B | −$4.61B | −$4.63B | −$4.38B | −$7.71B |
| Graham number | $14.69 | $15.67 | $16.30 | $10.27 | $2.94 | — | — | — | — | — |
| Graham net-net per share | $9.94 | $6.74 | $4.39 | −$0.76 | −$37.94 | −$41.20 | −$50.24 | −$49.83 | −$54.14 | −$101.66 |
| Capital allocation | ||||||||||
| Dividends paid | $85.3M | $85.0M | $0 | $0 | $75.3M | $31.8M | $5.5M | $22.1M | $19.0M | $17.4M |
| Share buybacks (net) | $4.9M | $116.3M | $55.5M | $20.6M | $4.7M | $15.6M | $25.7M | $0 | $19.4M | $0 |
| Dividend payout ratio | 86.9% | 63.6% | 0.0% | 0.0% | 964.6% | — | — | — | — | — |
| Dividends + buybacks / free cash flow | 83.1% | 51.4% | 9.0% | 11.2% | 146.8% | 5.0% | 11.4% | — | — | — |
| Capex / revenue | 20.4% | 6.2% | 0.7% | 1.3% | 3.1% | 2.3% | 5.7% | 40.6% | 56.1% | 27.9% |
| Capex / operating cash flow | 64.0% | 16.1% | 1.6% | 7.7% | 28.2% | 2.7% | 28.6% | 380.9% | 205.2% | 104.1% |
| Capex / depreciation | 2.23 | 0.81 | 0.10 | 0.16 | 0.20 | 0.10 | 0.38 | 2.51 | 2.17 | 1.14 |
| Stock-based compensation / revenue | — | — | 0.3% | 0.3% | 0.5% | 20.1% | 13.8% | 0.3% | 0.3% | 0.2% |
| SG&A / revenue | 5.8% | 5.0% | 3.9% | 4.8% | 10.9% | 5.6% | 4.2% | 5.7% | 5.6% | 5.1% |
| Efficiency | ||||||||||
| Days sales outstanding | 53.1 | 49.2 | 51.3 | 50.3 | 79.7 | 106.6 | 79.7 | 67.4 | 54.6 | 54.1 |
| Days of inventory on hand | 20.0 | 21.9 | 23.5 | 22.3 | 30.5 | -91.8 | -103.7 | -70.5 | -57.2 | -62.9 |
| Days payables outstanding | 12.1 | 13.2 | 16.8 | 18.0 | 40.0 | 109.8 | 56.6 | 7.3 | 9.5 | 12.7 |
| Cash conversion cycle (days) | 60.9 | 57.9 | 58.0 | 54.7 | 70.2 | -95.0 | -80.6 | -10.3 | -12.1 | -21.5 |
| Receivables turnover | 6.88 | 7.42 | 7.12 | 7.25 | 4.58 | 3.42 | 4.58 | 5.41 | 6.68 | 6.75 |
| Payables turnover | 30.11 | 27.71 | 21.75 | 20.29 | 9.13 | 3.32 | 6.45 | 50.23 | 38.44 | 28.63 |
| Inventory turnover | 18.25 | 16.66 | 15.51 | 16.33 | 11.97 | — | — | — | — | — |
| Asset turnover | 0.42 | 0.56 | 0.67 | 0.27 | 0.10 | 0.15 | 0.23 | 0.21 | 0.18 | 0.18 |
| Average receivables | $138.0M | $164.4M | $205.8M | $164.1M | $149.0M | $334.7M | $419.7M | $315.4M | $281.4M | $345.2M |
| Average payables | $22.9M | $29.8M | $40.7M | $44.2M | $80.2M | $269.9M | $225.8M | $27.7M | $38.8M | $58.9M |
| Average inventory | $37.7M | $49.6M | $57.0M | $54.9M | $61.2M | −$225.5M | −$413.5M | −$268.2M | −$233.9M | −$290.4M |
| Intangibles / total assets | 0.1% | 1.1% | 1.1% | 0.2% | 0.4% | 0.1% | 1.0% | 1.4% | 1.7% | 2.1% |
Computed from TK's annual financial statements (latest annual report filed March 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TK valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Teekay traded at 7.9 times earnings, against a 10-year median of 5.9. Based on the latest twelve months, the trailing P/E is 6.8 and the forward P/E is 9.6. Teekay earned a return on equity of 13.7% in fiscal 2025. It ended the year with $46.4 million of debt and $973.4 million in cash and short-term investments, a net cash position of $927.0 million. It returned $90.2 million to shareholders: $85.3 million in dividends and $4.9 million in share buybacks, 83% of free cash flow. The share count rose 8.6% from 79.2M to 86.1M over 9 years.
See the TK income statement, the TK chart for price history, or the TK stock overview for the latest quote and news.
TK key metrics FAQ
What is Teekay's P/E ratio?
Teekay's trailing P/E ratio is 6.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 9.6. At the end of fiscal 2025 it was 7.9, compared with a 10-year median of 5.9.
What is Teekay's return on equity?
Teekay's return on equity (ROE) was 13.7% in fiscal 2025: net income of $98.1 million on average shareholders' equity of $717.1 million.
How much debt does Teekay have?
Teekay had total debt of $46.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.06 and more cash than debt.
What is Teekay's dividend yield?
Teekay's forward dividend yield is 7.11%. Teekay paid $85.3 million in dividends in fiscal 2025 ($0.99 per share), a payout ratio of 86.9%.
Does Teekay buy back its shares?
Yes. Teekay spent $4.9 million on net share repurchases in fiscal 2025 Shares outstanding changed −7.7% over the year, to 86.1M..
What is Teekay's free cash flow yield?
Teekay generated $108.5 million of free cash flow in fiscal 2025, a free cash flow yield of 14.0% on its market value at year-end ($777.1 million).
What is Teekay's current ratio?
Teekay's current ratio was 8.89 at the end of fiscal 2025: current assets were 8.89 times current liabilities.