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TECKTeck Resources Limited
$59.35$28.6B
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TECK logoTeck Resources Limited(TECK)Earnings, Financials & Key Ratios

TECK•NYSE
$59.35
29.8× P/E·Price updated Jul 7, 2026
SectorBasic MaterialsIndustryIndustrial MaterialsSub-IndustryDiversified Mining and Metals Producers
AboutTeck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, Energy, and Corporate segments. The company's principal products include steelmaking coal; copper, gold, blended bitumen, lead, silver, molybdenum, zinc, and zinc concentrates; chemicals, fertilizers, and other metals. It also produces indium and germanium. In addition, the company holds interest in Frontier oil sands projects in the Athabasca region of Alberta; and owns interests in exploration and development projects in Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is headquartered in Vancouver, Canada.Show more
  • Revenue$10.75B+18.6%
  • EBITDA$3.67B+113.9%
  • Net Income$1.4B+244.8%
  • EPS (Diluted)2.83+262.8%
  • Gross Margin21.84%+23.2%
  • EBITDA Margin34.17%+80.4%
  • Operating Margin16.47%+16681.3%
  • Net Margin13.03%+190.8%
  • ROE5.27%+259.8%

TECK Price & Volume

Teck Resources Limited (TECK) stock price & volume — 10-year historical chart

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Copper Transition Drives Significant Margin Expansion Potential

Investment Thesis • Updated 2026Q1

VerdictPositive
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Improving
Primary Risk:Commodity Price Cyclicality

Key Thesis Takeaways

  • Teck Resources is successfully executing a strategic pivot toward copper, evidenced by a 72.2% revenue surge in 2026Q1 as the company scales production capacity.
  • While the transition has significantly improved operating leverage and gross margins to 43.5%, investors should monitor the inherent volatility of commodity-linked earnings that previously resulted in a $699 million net loss in 2024Q3.
  • The company's disciplined debt-to-equity ratio of 0.36 and normalizing capital expenditure profile suggest a path toward sustainable free cash flow generation, provided operational efficiency remains consistent at key mining sites.

Verdict Logic

the company's forward P/E of 11.84 and improved cash conversion ratio of 1.25 suggest that the transition to a copper-focused model is creating tangible value for shareholders.

TECK Growth Metrics

Teck Resources Limited (TECK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years2.67%
5 Years3.73%
3 Years-14.7%
TTM27.43%

Profit CAGR

10 Years-
5 Years-
3 Years-24.99%
TTM327.15%

EPS CAGR

10 Years-
5 Years-
3 Years-22.96%
TTM401.33%

Return on Capital

10 Years6.07%
5 Years6.48%
3 Years1.56%
Last Year4.23%

TECK Recent Earnings

Teck Resources Limited (TECK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (82%)●Beat Revenue 6/12 qtrs (55%)
Q2 2026Latest
Apr 23, 2026
Metric
Actual
Est
EPS
$1.20+49.6%
$0.80
Rev
$2.8B+21.7%
$2.3B
Q1 2026
Feb 19, 2026
Metric
Actual
Est
EPS
$0.98+48.3%
$0.66
Rev
$2.2B+1.0%
$2.2B
Q4 2025
Oct 22, 2025
Metric
Actual
Est
EPS
$0.55+41.0%
$0.39
Rev
$2.4B+17.5%
$2.1B
Q4 2025
Sep 9, 2025
Metric
Actual
Est
EPS
$0.30
—
Rev
$1.5B
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 23, 2026
$1.20vs $0.80+49.6%
$2.8Bvs $2.3B+21.7%
Q1 2026Feb 19, 2026
$0.98vs $0.66+48.3%
$2.2Bvs $2.2B+1.0%
Q4 2025Oct 22, 2025
$0.55vs $0.39+41.0%
$2.4Bvs $2.1B+17.5%
Q4 2025Sep 9, 2025
$0.30
$1.5B
Based on last 12 quarters of dataView full earnings history →

Latest TECK News

Recent stock market news and headlines for Teck Resources Limited (TECK)

GlobeNewsWire·16h ago
Teck, Canada Growth Fund and Canada Critical Minerals Accelerator sign Agreement to Support Strategic Metals Production at Trail Smelter

VANCOUVER, British Columbia, July 07, 2026 (GLOBE NEWSWIRE) -- Today, Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”), Canada Growth Fund Inc. (“CGF”), and Natural Resources Canada (“NRCan”)'s Canada Critical Minerals Accelerator announced that they have signed a Strategic Investment Agreement (the “Agreement”) to support expanding production capacity for germanium, gallium, and antimony at Teck's Trail Operations smelting and refining complex in British Columbia (“Trail”).

Zacks Investment Research·4 days ago
Will Teck Resources (TECK) Beat Estimates Again in Its Next Earnings Report?

Teck Resources (TECK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

MarketBeat·6 days ago
Copper Stocks Are Getting a Bigger Spotlight as Gold's Rally Cracks

After months of a seemingly endless rally into new all-time highs, the price of gold has finally cracked in 2026, leaving opportunities for less flashy metals like copper to swoop in. Copper futures are up more than 8% year to date (YTD) against a 7% drop in the price of gold over the same period.

Globe News Wire·Jun 30, 2026
Teck Announces the Mailing of a Letter of Transmittal in Connection with the Merger of Equals with Anglo American

VANCOUVER, British Columbia, June 30, 2026 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK. A and TECK. B, NYSE: TECK) ("Teck") announced today that it has mailed a letter of transmittal and election form (the "Letter of Transmittal") to each registered holder of Class A common shares and Class B subordinate voting shares of Teck (collectively, the "Teck Shares") in connection with the previously-announced court-approved plan of arrangement (the "Plan of Arrangement") under section 192 of the Canada Business Corporations Act, involving, among other things, the merger of equals of Anglo American plc ("Anglo American") and Teck (the "Merger").

GlobeNewsWire·Jun 30, 2026
Teck Announces the Mailing of a Letter of Transmittal in Connection with the Merger of Equals with Anglo American

VANCOUVER, British Columbia, June 30, 2026 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it has mailed a letter of transmittal and election form (the “Letter of Transmittal”) to each registered holder of Class A common shares and Class B subordinate voting shares of Teck (collectively, the “Teck Shares”) in connection with the previously-announced court-approved plan of arrangement (the “Plan of Arrangement”) under section 192 of the Canada Business Corporations Act, involving, among other things, the merger of equals of Anglo American plc (“Anglo American”) and Teck (the “Merger”).

Peers Comparison

Key metrics vs top competitors for Teck Resources Limited (TECK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TECK logoTECKTeck Resources LimitedCurrent
$59.35$28.58B29.8118.56%13.03%5.27%0.59%
FCX logoFCXFreeport-McMoRan Inc.
$59.27$85.18B38.991.12%10.34%8.91%—
HBM logoHBMHudbay Minerals Inc.
$21.55$8.56B14.769.39%27.74%19.99%—
SCCO logoSCCOSouthern Copper Corporation
$169.75$141.63B32.4017.38%34.16%45.67%—
CMCL logoCMCLCaledonia Mining Corporation Plc
$18.91$365.21M6.6838.86%22.67%22.18%—
ERO logoEROEro Copper Corp.
$24.90$2.6B9.6570.03%31.55%31.05%—

Compare TECK vs Peers

Teck Resources Limited (TECK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs FCX

Most directly comparable listed peer for TECK.

Scale Benchmark

vs CAT

Larger-name benchmark to compare TECK against a more recognizable public peer.

Peer Set

Compare Top 5

vs FCX, HBM, SCCO, CMCL

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TECK Frequently Asked Questions

Teck Resources Limited (TECK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Teck Resources Limited's revenue?

Teck Resources Limited (TECK) reported $12.41B in revenue for fiscal year 2025. This represents a 1667% increase from $702.3M in 1996.

How fast is Teck Resources Limited growing?

Teck Resources Limited (TECK) grew revenue by 18.6% over the past year. This is strong growth.

Is TECK profitable?

Yes, Teck Resources Limited (TECK) is profitable, generating $1.85B in net income for fiscal year 2025 (13.0% net margin).

Dividend & Returns
Does TECK pay dividends?

Yes, Teck Resources Limited (TECK) pays a dividend with a yield of 0.59%. This makes it attractive for income-focused investors.

What is TECK's return on equity?

Teck Resources Limited (TECK) has a return on equity (ROE) of 5.3%. This is below average, suggesting room for improvement.

What is Teck Resources Limited's free cash flow?

Teck Resources Limited (TECK) generated $481.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in TECK back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →