Teekay (Teekay) Gross-Profit-to-Asset %

: 21.41% (As of Dec. 2023)

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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Teekay's annualized Gross Profit for the quarter that ended in Dec. 2023 was $459 Mil. Teekay's average Total Assets over the quarter that ended in Dec. 2023 was $2,144 Mil. Therefore, Teekay's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 21.41%.

Teekay Gross-Profit-to-Asset % Historical Data

The historical data trend for Teekay's Gross-Profit-to-Asset % 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.

* Premium members only.

Teekay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

1.86

3.32

-0.74

6.74

26.63

Teekay Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %																31.66	36.25	32.60	18.16	21.41

Competitive Comparison

For the Oil & Gas Midstream subindustry, Teekay's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution

For the Oil & Gas industry and Energy sector, Teekay's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Teekay's Gross-Profit-to-Asset % falls into.

Teekay Gross-Profit-to-Asset % Calculation

Teekay's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	580.632	/	( (2164.846	+	2196.638)	/ 2 )
	=	580.632	/	2180.742
	=	26.63 %

Teekay's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	458.924	/	( (2090.534	+	2196.638)	/ 2 )
	=	458.924	/	2143.586
	=	21.41 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Teekay Gross-Profit-to-Asset % Related Terms

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Teekay (Teekay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Corp (NYSE:TK) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

TNP NGL PBT OSG EE SMLP BROG NVGS DLNG MMLP TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

TK:Mexico TCD:Germany TCD:Germany

Address

69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08

Website

https://www.teekay.com

Teekay Corp is engaged in providing crude oil and gas marine transportation services. It also offers offshore oil production, storage, and offloading services, primarily under long-term, fixed-rate contracts. The company has three primary lines of business: offshore production (FPSO units), operational and maintenance marine services, and conventional 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.