Teekay (TK) Revenue & Revenue Breakdown

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Teekay Revenue Highlights

Latest Revenue (Y)

$1.46B

Latest Revenue (Q)

$272.62M

Main Segment (Y)

Voyage charters

Teekay Revenue by Period

Teekay Revenue by Year

Date	Revenue	Change
2023-12-31	$1.46B	23.09%
2022-12-31	$1.19B	74.38%
2021-12-31	$682.51M	-62.41%
2020-12-31	$1.82B	-5.55%
2019-12-31	$1.92B	12.57%
2018-12-31	$1.71B	-9.18%
2017-12-31	$1.88B	-19.25%
2016-12-31	$2.33B	-4.97%
2015-12-31	$2.45B	22.89%
2014-12-31	$1.99B	8.95%
2013-12-31	$1.83B	-6.45%
2012-12-31	$1.96B	0.13%
2011-12-31	$1.95B	-5.56%
2010-12-31	$2.07B	-4.53%
2009-12-31	$2.17B	-

Teekay generated $1.46B in revenue during NA 2023, up 23.09% compared to the previous quarter, and up 85.78% compared to the same period a year ago.

Teekay Revenue by Quarter

Date	Revenue	Change
2024-09-30	$272.62M	-16.41%
2024-06-30	$326.14M	-10.66%
2024-03-31	$365.05M	7.62%
2023-12-31	$339.19M	8.83%
2023-09-30	$311.68M	-21.17%
2023-06-30	$395.40M	-5.57%
2023-03-31	$418.70M	6.41%
2022-12-31	$393.48M	29.78%
2022-09-30	$303.20M	7.98%
2022-06-30	$280.79M	32.00%
2022-03-31	$212.72M	8.26%
2021-12-31	$196.49M	-38.66%
2021-09-30	$320.35M	-1.58%
2021-06-30	$325.48M	-9.36%
2021-03-31	$359.08M	-0.89%
2020-12-31	$362.30M	-8.63%
2020-09-30	$396.52M	-17.87%
2020-06-30	$482.81M	-15.90%
2020-03-31	$574.05M	1.99%
2019-12-31	$562.87M	33.79%
2019-09-30	$420.70M	-8.08%
2019-06-30	$457.67M	-4.89%
2019-03-31	$481.21M	-2.10%
2018-12-31	$491.53M	18.00%
2018-09-30	$416.56M	2.69%
2018-06-30	$405.64M	2.95%
2018-03-31	$394.02M	20.61%
2017-12-31	$326.69M	-34.76%
2017-09-30	$500.78M	-2.56%
2017-06-30	$513.92M	-5.44%
2017-03-31	$543.50M	-1.58%
2016-12-31	$552.20M	0.83%
2016-09-30	$547.64M	-6.80%
2016-06-30	$587.62M	-8.34%
2016-03-31	$641.11M	-8.43%
2015-12-31	$700.11M	14.47%
2015-09-30	$611.62M	3.17%
2015-06-30	$592.80M	8.60%
2015-03-31	$545.86M	0.16%
2014-12-31	$544.99M	11.18%
2014-09-30	$490.18M	8.39%
2014-06-30	$452.25M	-10.71%
2014-03-31	$506.49M	2.62%
2013-12-31	$493.55M	8.52%
2013-09-30	$454.80M	5.59%
2013-06-30	$430.71M	-4.51%
2013-03-31	$451.04M	-12.46%
2012-12-31	$515.22M	11.15%
2012-09-30	$463.54M	-3.81%
2012-06-30	$481.91M	-2.76%
2012-03-31	$495.56M	-3.35%
2011-12-31	$512.73M	9.53%
2011-09-30	$468.11M	-3.47%
2011-06-30	$484.92M	-0.64%
2011-03-31	$488.02M	-1.86%
2010-12-31	$497.28M	7.61%
2010-09-30	$462.12M	-15.20%
2010-06-30	$544.95M	-3.47%
2010-03-31	$564.54M	8.01%
2009-12-31	$522.66M	-

Teekay generated $272.62M in revenue during Q3 2024, up -16.41% compared to the previous quarter, and up 68.95% compared to the same period a year ago.

Teekay Revenue Breakdown

Teekay Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Time charters	$25.91M	$31.15M	$14.74M	$48.38M	$688.16M
Voyage charters	$1.07B	$1.32B	$1.04B	$485.90M	$780.49M
Management fees and other	$127.50M	$112.34M	$109.12M	$100.34M	$238.07M
Fpso	-	-	$27.06M	$47.90M	$108.95M
Non-lease revenue	-	-	-	-	$259.24M
Non-lease Component	-	-	-	-	$21.16M

Teekay's latest annual revenue breakdown by segment (product or service), as of Dec 24: Voyage charters (87.43%), Management fees and other (10.45%), and Time charters (2.12%).

Quarterly Revenue by Product

Product/Service	Dec 21	Sep 21	Jun 21	Dec 20	Sep 20	Jun 20	Dec 19	Sep 19	Jun 19	Dec 18	Sep 18
Voyage charters	$244.76M	$116.82M	$124.32M	$426.38M	$135.80M	$218.31M	$538.41M	$183.88M	$195.66M	$529.36M	$160.55M
Fpso	$23.57M	$12.03M	$12.29M	$64.21M	$15.95M	$28.79M	$108.43M	$44.56M	$57.83M	$190.15M	$71.58M
Management fees and other	$3.17M	$50.96M	$46.21M	$175.93M	$62.14M	$218.15M	$150.00K	$157.50M	$52.30M	-	-
Time charters	-	$140.55M	$142.66M	$330.99M	$182.33M	$174.84M	$298.30M	$138.53M	$143.10M	$395.64M	$126.13M
Non Lease Component	-	$5.99M	$5.46M	$5.37M	-	-	-	-	-	-	-
Non-lease and management fee revenue	-	$56.95M	$51.67M	$67.51M	-	-	-	-	-	-	-
Lease revenue	-	$263.41M	$273.81M	$329.00M	$416.94M	$1.73B	$367.89M	$397.01M	-	-	-
Bareboat charters	-	-	-	-	$293.00K	$6.06M	$6.20M	$6.13M	$18.55M	$6.00M	-
Non-lease revenue	-	-	-	-	-	-	-	-	-	$14.66M	$3.90M
Non-lease	-	-	-	-	-	-	-	-	-	$172.16M	$56.20M
Voyage charters - towage	-	-	-	-	-	-	-	-	-	-	-

Teekay's latest quarterly revenue breakdown by segment (product or service), as of Dec 21: Voyage charters (90.15%), Fpso (8.68%), and Management fees and other (1.17%).

Teekay Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GLP	Global Partners LP	$17.16B	$4.63B
NGL	NGL Energy Partners LP	$6.96B	$-819.82M
PDS	Precision Drilling	$1.94B	$527.79M
SXC	SunCoke Energy	$1.94B	$434.10M
TK	Teekay	$1.46B	$272.62M
BORR	Borr Drilling	$800.73M	$227.49M
CLNE	Clean Energy Fuels	$415.87M	$103.76M
GRNT	Granite Ridge Resources	-	$122.93M

TK Revenue FAQ

What is Teekay’s yearly revenue?

Teekay's yearly revenue for 2023 was $1.46B, representing an increase of 23.09% compared to 2022. The company's yearly revenue for 2022 was $1.19B, representing an increase of 74.38% compared to 2021. TK's yearly revenue for 2021 was $682.51M, representing a decrease of -62.41% compared to 2020.

What is Teekay’s quarterly revenue?

Teekay's quarterly revenue for Q3 2024 was $272.62M, a -16.41% decrease from the previous quarter (Q2 2024), and a -12.53% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $326.14M, a -10.66% decrease from the previous quarter (Q1 2024), and a -17.52% decrease year-over-year (Q2 2023). TK's quarterly revenue for Q1 2024 was $365.05M, a 7.62% increase from the previous quarter (Q4 2023), and a -12.81% decrease year-over-year (Q1 2023).

What is Teekay’s revenue growth rate?

Teekay's revenue growth rate for the last 3 years (2021-2023) was 114.65%, and for the last 5 years (2019-2023) was -23.80%.

What are Teekay’s revenue streams?

Teekay's revenue streams in c 24 are Time charters, Voyage charters, and Management fees and other. Time charters generated $25.92M in revenue, accounting 2.12% of the company's total revenue, down -16.80% year-over-year. Voyage charters generated $1.07B in revenue, accounting 87.43% of the company's total revenue, down -19.26% year-over-year. Management fees and other generated $127.5M in revenue, accounting 10.45% of the company's total revenue, up 13.49% year-over-year.

What is Teekay’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Teekay was Voyage charters. This segment made a revenue of $1.07B, representing 87.43% of the company's total revenue.