Teekay Corp Ltd (TK) stock analysis

TKNYSEDeep Sea Foreign Transportation of FreightFiscal year ends December 31

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 13, 2026Score 4/30

$13.32+0.41 (+3.18%)

Close on Nov 11, 2026Market cap $1.15BP/E 11.8Yield –

StockData Score

Prices as of Nov 11, 2026How the score works

Weak4 of 30 checks passed

Teekay passes 4 of the 30 checks behind our score; 21 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation: 0/6
Growth: 1/6
Past performance: 1/6
Financial health: 2/6
Dividend: 0/6

What stands out

EPS growing 10%+ a year
Diluted EPS grew 14.1% a year over the last three fiscal years.
Interest well covered
Operating income covers interest expense 104.6 times.
Net margin above its 5-year average
Net margin was 10.3% over the last twelve months, against a 5-year average of 7.9%.
Short-term assets cover short-term debts
Current assets are 8.89 times current liabilities.

What to watch

Revenue growing under 10% a year
Revenue grew -7.3% a year over the last three fiscal years, short of the 10% we look for.
Growing slower than the industry
Revenue grew -22.2% over the last twelve months; the Water Transportation median is 1.2%.
Gross margin slipping
Gross margin was 66.6% over the last twelve months, against 66.8% a year earlier.
Net margin below the industry
Teekay's net margin of 10.3% is below the Water Transportation median of 20.1%.

Valuation0/6

P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.

Growth1/6

Revenue growing under 10% a year
Revenue grew -7.3% a year over the last three fiscal years, short of the 10% we look for.
EPS growing 10%+ a year
Diluted EPS grew 14.1% a year over the last three fiscal years.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing slower than the industry
Revenue grew -22.2% over the last twelve months; the Water Transportation median is 1.2%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin slipping
Gross margin was 66.6% over the last twelve months, against 66.8% a year earlier.

Past performance1/6

Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin above its 5-year average
Net margin was 10.3% over the last twelve months, against a 5-year average of 7.9%.
Net margin below the industry
Teekay's net margin of 10.3% is below the Water Transportation median of 20.1%.

Financial health2/6

Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt coverage
Needs operating cash flow.
Interest well covered
Operating income covers interest expense 104.6 times.
Short-term assets cover short-term debts
Current assets are 8.89 times current liabilities.
Bankruptcy risk (Altman Z)
Needs market value, working capital and retained earnings.

Dividend0/6

No dividend
Teekay has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.

Scores of similar companies

Fair value

How we estimate it

We don't publish a fair value for Teekay. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Medium risk

Average value traded per day: $6.76M
Value traded per 1% price move: $3.75M

Downside

Medium risk

Typical loss in a bad month: 16.8%
Volatility (annualized): 40%
Sharpe ratio, 1 year: 0.76
Beta to the S&P 500 (5Y): 0.56

Typical bad-month loss, week by week

Margins

Share of revenue, fiscal years 2011 to 2025

Gross margin

66.6%−7.5 pts over 5 years

Operating margin

31.9%+25.8 pts over 5 years

Net margin

10.3%+17.6 pts over 5 years

Growth rates

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	-22.2%	-7.3%	-3.7%	-9.0%
Gross profit	-22.4%	-3.1%	-5.7%	-12.2%
Operating income	-17.1%	+7.2%	+34.0%	-7.0%
Net income	-26.7%	+7.8%	–	+1.8%
EPS, diluted	-20.4%	+14.1%	–	+0.1%
Free cash flow	-71.9%	-17.6%	-35.1%	–

Returns and balance sheet

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on assets	-1.0%	-1.1%	4.3%
Current ratio	0.78	0.76	8.89
Net debt to EBITDA	6.10×	2.30×	–
Interest coverage	1.4×	0.8×	104.6×
Inventory turnover	–	–	8.4×
Capex to revenue	27.8%	1.4%	20.0%
Diluted shares	79M	101M	87M