Teekay Corporation (TK) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.64x

Teekay Corporation (TK) has a Cash Flow Reinvestment Rate of 0.64x as of December 2025, reinvesting $193.25 Million (capex $193.25 Million ) from operating cash flow of $301.77 Million. See TK FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.64x
(Capex + Investments) / Operating CF

Total Reinvested

$193.25 Million
Capex + Investments

Operating Cash Flow

$301.77 Million
USD

Capital Expenditures

$193.25 Million
USD

Teekay Corporation Cash Flow Reinvestment Rate (1994–2025)

Historical reinvestment intensity for Teekay Corporation across 32 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Teekay Corporation.

Annual Cash Flow Reinvestment Rate for Teekay Corporation (1994–2025)

Year-by-year capital reinvestment analysis for Teekay Corporation. See TK free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.65x $195.16 Million $301.77 Million $193.25 Million ▲ +29.8%
2024 0.50x $232.84 Million $467.19 Million $75.34 Million ▲ +103.8%
2023 0.24x $153.99 Million $629.82 Million $10.20 Million ▼ -85.0%
2022 1.63x $324.41 Million $199.15 Million $15.43 Million ▲ +439.4%
2021 0.30x $22.95 Million $75.99 Million $21.45 Million ▲ +231.8%
2020 0.09x $89.57 Million $984.02 Million $26.51 Million ▼ -78.2%
2019 0.42x $159.91 Million $383.31 Million $109.52 Million ▼ -94.4%
2018 7.45x $1.36 Billion $182.13 Million $693.79 Million ▲ +81.6%
2017 4.10x $2.11 Billion $513.75 Million $1.05 Billion ▲ +210.5%
2016 1.32x $825.51 Million $624.63 Million $650.30 Million ▼ -44.7%
2015 2.39x $1.84 Billion $770.33 Million $1.80 Billion ▼ -3.0%
2014 2.46x $1.10 Billion $446.32 Million $994.93 Million ▼ -21.1%
2013 3.12x $911.52 Million $291.96 Million $753.75 Million ▲ +46.6%
2012 2.13x $616.52 Million $289.56 Million $616.52 Million ▼ -69.8%
2011 7.04x $755.04 Million $107.19 Million $755.04 Million ▲ +745.3%
2010 0.83x $343.09 Million $411.75 Million $343.09 Million ▼ -43.1%
2009 1.46x $495.21 Million $338.10 Million $495.21 Million ▼ -11.8%
2008 1.66x $716.76 Million $431.85 Million $716.76 Million ▼ -53.5%
2007 3.57x $910.30 Million $255.02 Million $910.30 Million ▲ +327.3%
2006 0.84x $455.89 Million $545.72 Million $455.89 Million ▼ -15.1%
2005 0.98x $599.52 Million $609.04 Million $599.52 Million ▲ +37.9%
2004 0.71x $581.48 Million $814.70 Million $581.48 Million ▼ -23.0%
2003 0.93x $422.38 Million $455.57 Million $422.38 Million ▲ +16.6%
2002 0.80x $170.56 Million $214.44 Million $170.56 Million ▲ +8.4%
2001 0.73x $381.50 Million $520.15 Million $381.50 Million ▲ +275.1%
2000 0.20x $65.17 Million $333.25 Million $65.17 Million ▼ -66.3%
1999 0.58x $29.91 Million $51.51 Million $29.91 Million ▼ -62.5%
1998 1.55x $249.47 Million $161.12 Million $249.47 Million ▲ +163.9%
1997 0.59x $81.66 Million $139.16 Million $81.66 Million ▼ -49.5%
1996 1.16x $119.33 Million $102.65 Million $119.33 Million ▲ +424.3%
1995 0.22x $19.40 Million $87.50 Million $19.40 Million ▲ +0.0%
1994 0.22x $19.40 Million $87.50 Million $19.40 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow