Teekay Corporation (TK) — Financial Flexibility Index
Teekay Corporation (TK) has a Financial Flexibility Index of 2.51x as of December 2025. Free cash flow of $495.02 Million (operating CF $301.77 Million minus capex $193.25 Million) represents 3% of total liabilities ($197.47 Million). Also explore Teekay Corporation (TK) equity growth momentum to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Teekay Corporation Financial Flexibility Index (1994–2025)
Historical Financial Flexibility Index trend for Teekay Corporation across 32 annual periods. Check Teekay Corporation strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Teekay Corporation (1994–2025)
Year-by-year free cash flow to debt coverage for Teekay Corporation. For the full company profile including market capitalisation, see Teekay Corporation stock valuation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 2.11x | $495.02 Million | $301.77 Million | $234.22 Million | ▼ -15.1% |
| 2024 | 2.49x | $542.53 Million | $467.19 Million | $217.95 Million | ▲ +54.1% |
| 2023 | 1.62x | $640.02 Million | $629.82 Million | $396.29 Million | ▲ +498.5% |
| 2022 | 0.27x | $214.58 Million | $199.15 Million | $795.24 Million | ▲ +1035.3% |
| 2021 | 0.02x | $97.43 Million | $75.99 Million | $4.10 Billion | ▼ -89.5% |
| 2020 | 0.23x | $1.01 Billion | $984.02 Million | $4.47 Billion | ▲ +152.4% |
| 2019 | 0.09x | $492.83 Million | $383.31 Million | $5.51 Billion | ▼ -43.6% |
| 2018 | 0.16x | $875.93 Million | $182.13 Million | $5.52 Billion | ▼ -47.3% |
| 2017 | 0.30x | $1.57 Billion | $513.75 Million | $5.21 Billion | ▲ +105.8% |
| 2016 | 0.15x | $1.27 Billion | $624.63 Million | $8.73 Billion | ▼ -46.8% |
| 2015 | 0.27x | $2.57 Billion | $770.33 Million | $9.36 Billion | ▲ +59.9% |
| 2014 | 0.17x | $1.44 Billion | $446.32 Million | $8.39 Billion | ▲ +37.2% |
| 2013 | 0.13x | $1.05 Billion | $291.96 Million | $8.35 Billion | ▲ +7.9% |
| 2012 | 0.12x | $906.09 Million | $289.56 Million | $7.81 Billion | ▲ +5.4% |
| 2011 | 0.11x | $862.24 Million | $107.19 Million | $7.83 Billion | ▼ -4.7% |
| 2010 | 0.12x | $754.84 Million | $411.75 Million | $6.54 Billion | ▼ -11.0% |
| 2009 | 0.13x | $833.31 Million | $338.10 Million | $6.42 Billion | ▼ -14.6% |
| 2008 | 0.15x | $1.15 Billion | $431.85 Million | $7.56 Billion | ▼ -5.9% |
| 2007 | 0.16x | $1.17 Billion | $255.02 Million | $7.22 Billion | ▼ -23.7% |
| 2006 | 0.21x | $1.00 Billion | $545.72 Million | $4.73 Billion | ▼ -51.4% |
| 2005 | 0.44x | $1.21 Billion | $609.04 Million | $2.77 Billion | ▲ +1.4% |
| 2004 | 0.43x | $1.40 Billion | $814.70 Million | $3.25 Billion | ▼ -6.1% |
| 2003 | 0.46x | $877.96 Million | $455.57 Million | $1.92 Billion | ▲ +52.1% |
| 2002 | 0.30x | $385.01 Million | $214.44 Million | $1.28 Billion | ▼ -65.0% |
| 2001 | 0.86x | $901.65 Million | $520.15 Million | $1.05 Billion | ▲ +87.6% |
| 2000 | 0.46x | $398.42 Million | $333.25 Million | $871.02 Million | ▲ +545.2% |
| 1999 | 0.07x | $81.42 Million | $51.51 Million | $1.15 Billion | ▼ -88.3% |
| 1998 | 0.61x | $410.59 Million | $161.12 Million | $674.82 Million | ▲ +112.4% |
| 1997 | 0.29x | $220.82 Million | $139.16 Million | $770.73 Million | ▼ -4.1% |
| 1996 | 0.30x | $221.99 Million | $102.65 Million | $743.00 Million | ▲ +111.3% |
| 1995 | 0.14x | $106.90 Million | $87.50 Million | $755.90 Million | ▲ +14.8% |
| 1994 | 0.12x | $106.90 Million | $87.50 Million | $867.40 Million | — |