Teekay Pretax Profit Margin from 2010 to 2024

TK Stock  USD 7.93  0.03  0.38%   
Teekay Pretax Profit Margin yearly trend continues to be quite stable with very little volatility. Pretax Profit Margin may rise above 0.38 this year. From the period between 2010 and 2024, Teekay, Pretax Profit Margin regression line of its data series had standard deviation of  0.29 and standard deviation of  0.29. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.36149764
Current Value
0.38
Quarterly Volatility
0.28899596
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Teekay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teekay's main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.7 M, Interest Expense of 26.6 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.22 or PTB Ratio of 1.33. Teekay financial statements analysis is a perfect complement when working with Teekay Valuation or Volatility modules.
  
Check out the analysis of Teekay Correlation against competitors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.

Latest Teekay's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Teekay over the last few years. It is Teekay's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Teekay's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Very volatile
   Pretax Profit Margin   
       Timeline  

Teekay Pretax Profit Margin Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.13
Coefficient Of Variation471.87
Mean Deviation0.21
Median0.05
Standard Deviation0.29
Sample Variance0.08
Range1.1754
R-Value0.01
Mean Square Error0.09
R-Squared0.00003
Significance0.98
Slope0.0004
Total Sum of Squares1.17

Teekay Pretax Profit Margin History

2024 0.38
2023 0.36
2022 0.18
2021 -0.41
2020 0.0551
2019 -0.0649
2018 -0.0223

About Teekay Financial Statements

Teekay investors utilize fundamental indicators, such as Pretax Profit Margin, to predict how Teekay Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.36  0.38 

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Check out the analysis of Teekay Correlation against competitors.
For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teekay. If investors know Teekay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teekay listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
1.51
Revenue Per Share
14.064
Quarterly Revenue Growth
(0.12)
Return On Assets
0.1121
The market value of Teekay is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay's value that differs from its market value or its book value, called intrinsic value, which is Teekay's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teekay's market value can be influenced by many factors that don't directly affect Teekay's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teekay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.