Teekay Corporation Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $949.5M | $1.22B | $1.46B | $1.19B | $682.5M | $1.15B | $1.28B | $1.73B |
| Cost of Revenue | $317.4M | $405.5M | $474.4M | $495.6M | $315.1M | $297.2M | $402.3M | $409.6M |
| Gross Profit | $632.1M | $814.8M | $990.6M | $694.6M | $367.4M | $849.0M | $872.8M | $1.32B |
| Gross Margin | 66.6% | 66.8% | 67.6% | 58.4% | 53.8% | 74.1% | 68.4% | 76.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $54.8M | $61.1M | $57.6M | $57.6M | $74.4M | $64.2M | $69.7M | $96.6M |
| Operating Income | $302.8M | $365.2M | $531.7M | $245.8M | $-185.4M | $70.2M | $-109.2M | $164.3M |
| Operating Margin | 31.9% | 29.9% | 36.3% | 20.6% | -27.2% | 6.1% | -8.6% | 9.5% |
| Interest Expense | $2.9M | $7.5M | $28.0M | $38.6M | $68.4M | $89.1M | $111.4M | $254.1M |
| Pretax Income | $347.4M | $402.0M | $529.6M | $211.1M | $-282.4M | $-18.7M | $-306.9M | $-38.0M |
| Income Tax Expense | $-4.6M | $405.0K | $12.2M | $1.4M | $-5.0M | $5.6M | $17.8M | $19.7M |
| Net Income | $98.1M | $133.8M | $150.6M | $78.4M | $7.8M | $-82.9M | $-310.6M | $-79.2M |
| Net Margin | 10.3% | 11.0% | 10.3% | 6.6% | 1.1% | -7.2% | -24.4% | -4.6% |
| EPS (Basic) | $1.14 | $1.47 | $1.59 | $0.77 | $0.08 | $-0.82 | $-3.08 | $-0.79 |
| EPS (Diluted) | $1.13 | $1.42 | $1.54 | $0.76 | $0.08 | $-0.82 | $-3.08 | $-0.79 |
| Shares Outstanding (Basic) | 86.0M | 91.3M | 94.5M | 102.1M | 102.1M | 101.1M | 100.7M | 99.7M |
| Shares Outstanding (Diluted) | 86.7M | 93.3M | 96.6M | 104.4M | 102.1M | 101.1M | 100.7M | 99.7M |
| Dividends Per Share | — | — | $0.00 | — | $0.00 | $0.00 | $0.06 | $0.22 |