Teekay
TK on NYSE. Deep sea foreign transportation of freight. Market value $1.3bn.
This company reports once a year (it is based outside the US), so every figure comes from its annual report for the year to December 2025.
We can't read total debt from the filing, so debt is left out.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Industrials stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $8.66 of spare cash last year. A savings account pays about $4.
The filings do not give us enough to work this out.
Each dollar kept in the business earns 12 cents a year. Above 10 is good.
Quality score: 66 of 100. Price score: 83 of 100. Our list needs 70 on quality and 60 on price.
$14.96 a share, 92% above its 1-year low
Over the past year the price has ranged from $7.80 to $15.25.
Dividend: 6.6% a year
Paid every year for 2 years
Payouts have jumped around in recent years, so this may not repeat.
Prices from Monday’s close (5 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $683m | $1.2bn | $1.5bn | $1.2bn | $950m |
| Operating margin | |||||
| Operating margin | -27.2% | 20.6% | 36.3% | 29.9% | 31.9% |
| Debt to equity | |||||
| Debt to equity | 0.41 | 0.40 | 0.08 | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.10bn | 0.10bn | 0.09bn | 0.08bn | 0.09bn |
Health checks
- Free cash flow positive3 of 3 years
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)5 of 8 checks we could run
- Profit backed by cash (accruals)Yes
- DebtUnknown
- Revenue growth, five yearsShrinking, 3.7% a year
- Buying back its own sharesYes, 15% fewer since 2021
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 13 March 2026
- Next quarterly (estimated, 10-Q)
- n/a
Who owns it
1 long-term investor we follow owns it, unchanged from 1 last quarter. 177 funds in all.
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| LSV Asset ManagementJosef Lakonishok | $1m | <0.1% | Cut |
Largest holders overall
- Dimensional Fund Advisors LP$55m
- BlackRock$53mAdded
- Renaissance Technologies$37mCut
- Allspring Global Investments Holdings$35mAdded
- Arrowstreet Capital, Limited Partnership$22mCut
- Goldman Sachs Group$21mAdded
- Flat Footed$18mAdded
- American Century Companies$16mCut
- JPMorgan Chase$13mCut
- State Street$11mCut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
3 investors own more than 5%.
- Path Spirit LTDPassive investor38.0%Since 19 February 2025
- Resolute Investments, Ltd.Passive investorat least 36.7%−1.3 pts(filed with 1 related holder)Since 28 May 2026
- Renaissance Technologies LLCPassive investorat least 4.9%−0.2 pts(filed with 1 related holder)Since 1 October 2025
| Holder | Stake | Since | |
|---|---|---|---|
Path Spirit LTD Passive investor | 38.0% | 19 February 2025 | |
Resolute Investments, Ltd. Passive investor | at least 36.7%−1.3 pts (filed with 1 related holder) | 28 May 2026 | |
Renaissance Technologies LLC Passive investor | at least 4.9%−0.2 pts (filed with 1 related holder) | 1 October 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 4 sold $8m.
- Locke Simon HeidiDirectorSold
- Date
- 17 September 2026
- Shares
- 400
- Price
- $14.93
- Value
- $5,972
- Hvid KennethPresident and CEO, DirectorSold
- Date
- 11 September 2026
- Shares
- 132,884
- Price
- $14.28
- Value
- $2m
- Locke Simon HeidiDirectorSold
- Date
- 10 September 2026
- Shares
- 11,585
- Price
- $14.08
- Value
- $163,119
- Locke Simon HeidiDirectorSold
- Date
- 21 August 2026
- Shares
- 1,000
- Price
- $13.64
- Value
- $13,640
- Locke Simon HeidiDirectorSold
- Date
- 20 August 2026
- Shares
- 485
- Price
- $13.24
- Value
- $6,421
- Locke Simon HeidiDirectorSold
- Date
- 19 August 2026
- Shares
- 96
- Price
- $13.19
- Value
- $1,266
- Speers BrodyChief Financial Officer, DirectorSold
- Date
- 19 August 2026
- Shares
- 2,350
- Price
- $13.10
- Value
- $30,780
- Krediet RudolphDirectorSold
- Date
- 3 August 2026
- Shares
- 41,457
- Price
- $11.45
- Value
- $474,882
- Locke Simon HeidiDirectorSold
- Date
- 22 June 2026
- Shares
- 18,119
- Price
- $12.37
- Value
- $224,132
- Krediet RudolphDirectorSold
- Date
- 17 June 2026
- Shares
- 63,042
- Price
- $11.80
- Value
- $743,896
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 17 September 2026 | Locke Simon Heidi Director | Sold | 400 | $14.93 | $5,972 |
| 11 September 2026 | Hvid Kenneth President and CEO, Director | Sold | 132,884 | $14.28 | $2m |
| 10 September 2026 | Locke Simon Heidi Director | Sold | 11,585 | $14.08 | $163,119 |
| 21 August 2026 | Locke Simon Heidi Director | Sold | 1,000 | $13.64 | $13,640 |
| 20 August 2026 | Locke Simon Heidi Director | Sold | 485 | $13.24 | $6,421 |
| 19 August 2026 | Locke Simon Heidi Director | Sold | 96 | $13.19 | $1,266 |
| 19 August 2026 | Speers Brody Chief Financial Officer, Director | Sold | 2,350 | $13.10 | $30,780 |
| 3 August 2026 | Krediet Rudolph Director | Sold | 41,457 | $11.45 | $474,882 |
| 22 June 2026 | Locke Simon Heidi Director | Sold | 18,119 | $12.37 | $224,132 |
| 17 June 2026 | Krediet Rudolph Director | Sold | 63,042 | $11.80 | $743,896 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
- Sales have shrunk: 3.7% a year.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.