Teekay (HAM:TCD) Tax Rate % : -1.96% (As of Mar. 2024)

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What is Teekay Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Teekay's Tax Expense for the three months ended in Mar. 2024 was €-3 Mil. Teekay's Pre-Tax Income for the three months ended in Mar. 2024 was €133 Mil. Therefore, Teekay's Tax Rate % for the quarter that ended in Mar. 2024 was -1.96%.

Teekay Tax Rate % Historical Data

The historical data trend for Teekay's Tax Rate % 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.

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Teekay Tax Rate % Chart

Teekay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-5.82

-29.65

1.76

0.67

2.30

Teekay Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															1.51	5.77	-2.57	2.19	-1.96

Teekay Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Teekay's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	11.153	/	485.629
	=	2.30 %

Teekay's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	-2.619	/	133.323
	=	-1.96 %

Teekay Tax Rate % Related Terms

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Teekay (HAM:TCD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Corp (HAM:TCD) » Definitions » Tax Rate %

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Traded in Other Exchanges

TK:USA TK:Mexico 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.

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