Teekay Corporation Ltd.

NYSE•TK

CEO: Mr. Kenneth Hvid

Sector: Energy

Industry: Oil & Gas Midstream

Listing Date: 1995-07-20

Teekay Corporation Ltd. engages in the crude oil and other marine transportation services worldwide. The company owns and operates crude oil and refined product tankers. It also provides ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services. As of March 1, 2024, the company operated a fleet of approximately 53 owned and chartered-in vessels. It serves energy and utility companies, oil traders, oil consumers and petroleum product producers, government agencies, and other entities that depend upon marine transportation. The company was formerly known as Teekay Corporation and changed its name to Teekay Corporation Ltd. in October 2024. Teekay Corporation Ltd. was founded in 1973 and is headquartered in Hamilton, Bermuda.

Contact Information

Swan Building, 2nd Floor 26 Victoria Street, Hamilton, HM 12, Bermuda

441-298-2530

www.teekay.com

Market Cap

$1.13B

P/E (TTM)

12.1

19.7

Dividend Yield

15.4%

52W High

$13.76

52W Low

$6.43

52W Range

89%

Rank46Top 59.5%

3.5

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.5 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$257.70M+0.00%

4-Quarter Trend

EPS

$0.40+0.00%

4-Quarter Trend

FCF

$0.00+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Attributable Decline Net income attributable to shareholders fell to $98.1M in 2025 from $133.8M in 2024, driven by lower spot rates and vessel sales impact.

Tanker Net Revenues Drop Tanker segment net revenues decreased 28% to $506.6M in 2025, primarily due to lower average realized spot Time-Charter Equivalent rates.

Strong Cash Position Growth Cash and equivalents increased substantially to $940.7M by year-end 2025, up from $685.3M at the end of 2024.

Asset Sales Realized Gains Gain on sale and write-down of assets rose to $101.7M in 2025, largely from selling eight Suezmax and three Aframax/LR2 tankers.

Risk Factors

Cyclical Tanker Market Risk Cyclical nature of tanker industry causes volatile charter rates and significant fluctuations in vessel utilization and profitability.

Fleet Age and Renewal Sixty-five percent of the fleet is aged 15 years or older, necessitating accelerated fleet renewal requiring significant capital expenditures.

Geopolitical Trade Disruptions Conflicts in Red Sea and Middle East disrupt trade patterns, increasing security risks, operational costs, and trade uncertainty.

Regulatory Compliance Costs Compliance with new environmental rules like EU ETS and potential OECD Pillar Two tax changes may increase operating expenses.

Outlook

Strong Near-Term Market View Near-term tanker market outlook remains strong, driven by positive supply/demand fundamentals and ongoing geopolitical trade inefficiencies.

Liquidity Sufficient One Year Teekay Parent expects current liquidity, plus expected cash flow, to meet requirements for at least one year following this report date.

Fleet Expansion Strategy Future strategy focuses on expanding fleet through acquisitions, securing additional in-chartered vessels, and ordering newbuilding tankers.

Managing PFIC Status Risk Company intends to deploy substantial cash assets quickly to mitigate risk of being classified as a Passive Foreign Investment Company in 2026.

Peer Comparison

Revenue (TTM)

NBR

$3.18B

+8.7%

SXC

$1.84B

-5.1%

PDS

$1.32B

-3.1%

Gross Margin (Latest Quarter)

REPX

39.7%

+12.3pp

BORR

31.4%

-46.8pp

NBR

19.1%

-20.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
BORR	$1.40B	33.8	4.4%	59.3%
NBR	$1.17B	4.3	57.7%	53.6%
TK	$1.13B	12.1	9.6%	2.0%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

0.1%

Moderate Growth

4Q Net Income CAGR

11.5%

Profitability Improving

Cash Flow Stability

75%

Volatile Cash Flow

Deep Research

Next earnings:May 5, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data