TK (Teekay) EBIT: $390.2 Mil (TTM As of Jun. 2026)

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TK Teekay Corp Ltd TK
58 GF Score
Price $13.24
GF Value $5.86
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Teekay EBIT?

Teekay TK +0.46% 58 EBIT is $390.2 Mil as of Jun. 2026. GuruFocus rates TK with a GF Score™ of 58/100 and a GF Value™ of $5.86 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Teekay's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was $390.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was $390.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Teekay's annualized ROC % for the quarter that ended in Jun. 2026 was 95.12%. Teekay's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 137.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Teekay's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 24.37%.


Teekay  (NYSE:TK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Teekay's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=1248.488 * ( 1 - 2.34% )/( (1293.691 + 1269.861)/ 2 )
=1219.2733808/1281.776
=95.12 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2360.07 - 93.644 - ( 972.735 - max(0, 134.709 - 1197.187+972.735))
=1293.691

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2647.379 - 109.527 - ( 1267.991 - max(0, 147.174 - 1524.874+1267.991))
=1269.861

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Teekay's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1560.784/( ( (1038.644 + max(58.845, 0)) + (1087.553 + max(87.344, 0)) )/ 2 )
=1560.784/( ( 1097.489 + 1174.897 )/ 2 )
=1560.784/1136.193
=137.37 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(83.168 + 29.409 + 59.87) - (93.644 + 0 + 19.958)
=58.845

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.974 + 37.788 + 94.18) - (109.527 + 0 + 21.071)
=87.344

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Teekay's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=390.196/1601.224
=24.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Teekay EBIT Related Terms


Teekay EBIT Historical Data

* Premium members only.

The historical data trend for Teekay's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Teekay EBIT Chart

Teekay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -214.01 249.63 557.59 409.57 350.30

Teekay Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Dec25 Jun26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.41 81.30 0.00 0.00 390.20

TK vs SBR, TEN, EE: EBIT Comparison

For the Oil & Gas Midstream subindustry, Teekay's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Teekay EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teekay's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Teekay's EV-to-EBIT falls into.


TK
58GF Score
Teekay Corp Ltd TK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Teekay EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $390.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $390.2 Mil mean?
Teekay (TK) has a EBIT of $390.2 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Teekay.
Is Teekay's EBIT too high?
Teekay's current EBIT is $390.2 Mil. Overall, Teekay has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teekay's EBIT compare to SBR and TEN?
Teekay's EBIT of $390.2 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Teekay. Teekay's current EBIT is $390.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teekay stock overvalued right now?
Based on GuruFocus' analysis, Teekay (TK) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.86, compared to a current price of $13.24 — trading 125.9% above its estimated fair value. The current EBIT is $390.2 Mil. Teekay's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Teekay (TK), the current EBIT is $390.2 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Teekay (TK) Overvalued in 2026?

Based on GuruFocus' analysis, Teekay stock appears to be overvalued. The current stock price of $13.24 is trading 125.9% above its estimated GF Value™ of $5.86. GuruFocus considers Teekay to be Significantly Overvalued.

Key valuation signals for TK:

  • EBIT: $390.2 Mil
  • GF Value™: $5.86 vs. price of $13.24 (125.9% above fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the TK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teekay Business Description

Industry EnergyOil & Gas
Other Exchanges EI5:Germany
Address 26 Victoria Street, 2nd Floor, Swan Building, Hamilton, BMU, HM 12
Teekay Corp Ltd provides international crude oil marine transportation and other marine services. It also offers offshore oil production, storage, and offloading services, under long-term, fixed-rate contracts. The company has two primary lines of business: Marine services and tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.
58GF Score

Get the complete analysis for TK

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.24
Price
$5.86
GF Value