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Teekay LNG Partners LP Revenue Y/Y

What is the Revenue Y/Y of Teekay LNG Partners LP?

The Revenue Y/Y of Teekay LNG Partners LP is 2.80%

What is the definition of Revenue Y/Y?

Yearly revenue growth is the percentage growth of the company’s revenue over trailing twelve months.

= (revenue past four quarters - revenue previous four quarters) / revenue previous four quarters

The yearly revenue growth rate is calculated as the percentage change in revenue over the trailing twelve months. For this specific metric, the calculation takes into account a series of the last eight quarterly revenues. The revenue growth is useful for determining the success of the company expanding its main business. Revenue growth of 5% to 10% is usually considered good for large-cap companies. For other companies, a sales growth of over 10% is more desirable.

Revenue Y/Y of companies in the Industrials sector on NYSE compared to Teekay LNG Partners LP

What does Teekay LNG Partners LP do?

Teekay LNG is one of the world's largest independent owners and operators of LNG carriers, providing LNG and LPG services primarily under long-term, fee-based charter contracts through its interests in 47 LNG carriers, 23 mid-size LPG carriers, and seven multi-gas carriers. The Partnership's ownership interests in these vessels range from 20 to 100 percent. In addition, the Partnership owns a 30 percent interest in a regasification terminal. Teekay LNG is a publicly-traded master limited partnership formed by Teekay Corporation as part of its strategy to expand its operations in the LNG and LPG shipping sectors.

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