SEAL-PB (Seapeak LLC) Stock Financials & Earnings | Market Cap Arena

SEAL-PB (Seapeak LLC) Stock Financials & Earnings | Market Cap Arena

SEAL-PBSeapeak LLC

Mkt Cap$3B

Energy·Oil & Gas Midstream·🇨🇦 Canada·NYSE

Revenue (TTM)$658M

Net Income (TTM)-$250M

EPS (TTM)-$2.76

Free Cash Flow (TTM)$72M

Gross Margin42.4%

Op. Margin-34.2%

Net Margin-38.0%

FCF Margin11.0%

P/S Ratio (TTM)3.9x

P/E Ratio (TTM)—

YoY Rev Growth-7.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 22	$165M	$73M	$56M
Q1 23	$185M	$81M	$108M
Q2 23	$184M	$82M	$75M
Q3 23	$176M	$75M	$68M
Q4 23	$182M	$80M	$64M
Q1 24	$179M	$83M	$75M
Q2 24	$176M	$79M	$72M
Q3 24	$176M	$78M	$75M
Q4 24	$180M	$77M	-$316M
Q1 25	$160M	$67M	$60M
Q2 25	$159M	$67M	$40M
Q3 25	$159M	$68M	-$9M

Valuation

Quarter	P/S	P/E
Q4 22	4.1x	13.4x
Q1 23	4.0x	13.5x
Q2 23	3.8x	13.7x
Q3 23	3.6x	13.5x
Q4 23	3.6x	8.5x
Q1 24	3.6x	8.8x
Q2 24	3.6x	9.7x
Q3 24	3.6x	13.8x
Q4 24	3.6x	—
Q1 25	3.7x	—
Q2 25	3.8x	—
Q3 25	3.9x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$90M	$314K
Q1 23	$61M	-$72M
Q2 23	$117M	$113M
Q3 23	$71M	$65M
Q4 23	$114M	$109M
Q1 24	$101M	$98M
Q2 24	$61M	$58M
Q3 24	$94M	$90M
Q4 24	$138M	-$108M
Q1 25	$87M	$83M
Q2 25	$58M	$54M
Q3 25	$70M	$44M

Capital Expenditures

CapEx

Quarter	CapEx
Q4 22	$89M
Q1 23	$132M
Q2 23	$4M
Q3 23	$7M
Q4 23	$5M
Q1 24	$4M
Q2 24	$4M
Q3 24	$4M
Q4 24	$246M
Q1 25	$4M
Q2 25	$4M
Q3 25	$26M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	+10.2%	+12.9%
Q1 23	+14.2%	-46.5%
Q2 23	+22.0%	+11.8%
Q3 23	+20.0%	+11.1%
Q4 23	+10.2%	+8.4%
Q1 24	-3.3%	+35.2%
Q2 24	-4.6%	-5.0%
Q3 24	+0.3%	-5.7%
Q4 24	-1.1%	+321.3%
Q1 25	-10.4%	-3.7%
Q2 25	-9.6%	+14.3%
Q3 25	-9.6%	+65.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q4 22	$6M
Q1 23	$9M
Q2 23	$8M
Q3 23	$7M
Q4 23	$8M
Q1 24	$9M
Q2 24	$7M
Q3 24	$7M
Q4 24	$7M
Q1 25	$7M
Q2 25	$7M
Q3 25	$14M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$216M	$16M	$232M
Q1 23	$157M	$20M	$177M
Q2 23	$146M	$19M	$165M
Q3 23	$169M	$20M	$189M
Q4 23	$168M	$21M	$189M
Q1 24	$179M	$0	$179M
Q2 24	$151M	$21M	$172M
Q3 24	$197M	$0	$197M
Q4 24	$154M	$21M	$175M
Q1 25	$152M	$20M	$173M
Q2 25	$141M	$21M	$162M
Q3 25	$104M	$30M	$134M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q4 22	89M	-0.0%
Q1 23	100M	+12.8%
Q2 23	100M	+0.0%
Q3 23	100M	+0.0%
Q4 23	100M	+0.0%
Q1 24	100M	-0.0%
Q2 24	100M	+0.0%
Q3 24	100M	+0.0%
Q4 24	100M	+0.1%
Q1 25	100M	-0.0%
Q2 25	100M	+0.0%
Q3 25	100M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 13	$285K	1K
FY 14	$247K	2K
FY 15	$272K	1K
FY 16	$233K	2K
FY 17	$240K	2K
FY 18	$269K	2K
FY 19	$301K	2K
FY 20	$281K	2K
FY 21	$303K	2K
FY 22	$252K	2K
FY 23	$282K	3K
FY 24	$284K	3K