Teck Resources Limited logo

Teck Resources Limited

TECK

NYSEBasic MaterialsCopper

Previous close

$69.20

+$3.04 · +4.59%

Aug 21, 4:00 PM ET

TECK company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

81

Deep Value

Momentum

58

Neutral

Sentiment

56

Mixed

Risk resilience

51

Elevated Risk

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Company profile

Company website

Established in Vancouver, Canada, in 1913, Teck Resources Limited is dedicated to the exploration, acquisition, development, and extraction of natural resources across Asia, Europe, and North America. The company organizes its operations into Steelmaking Coal, Copper, Zinc, Energy, and Corporate segments. Its diverse product offerings include steelmaking coal, copper, gold, blended bitumen, lead, silver, molybdenum, zinc, and zinc concentrates. Teck also produces specialized metals like indium and germanium, in addition to various chemicals and fertilizers. Furthermore, the company holds an interest in the Frontier oil sands projects located in Alberta's Athabasca region, and maintains stakes in exploration and development ventures spanning Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. Formerly operating as Teck Cominco Limited, the company officially adopted the name Teck Resources Limited in April 2009.

Industry
Copper
Sector
Basic Materials
Headquarters
CA
CEO
Jonathan H. Price
Listed since
Jul 18, 2002
Employees
7,429

Market position

Day range

Current $69.20

52-week range

Current $69.20

Open
$68.315
Previous close
$66.16
Volume
4.84M
1.52× average
Average volume
3.18M
Average daily volume
Market cap
33.42B USD
Beta
1.59
Market reference 1
50-day average
$61.5242
+12.48% above average
200-day average
$55.2474
+25.25% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
37.83B CAD
P/E (TTM)
18.71×
P/B (TTM)
1.7×
P/S (TTM)
3.3×
EV / EBITDA
8.65×
Earnings yield
4.31%
Free cash flow yield
-3.13%
Dividend yield
0.52%

Profitability & efficiency

Gross margin
34.92%
Operating margin
29.26%
Net margin
17.85%
Return on equity
5.58%
Return on assets
3.08%
Return on invested capital
2.76%

Financial health

Debt / equity
0.35×
Current ratio
2.54×
Altman Z-score
2.78
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends54%35%15%-5%Gross margin, FY2021: 40.84%Gross margin, FY2022: 49.50%Gross margin, FY2023: 17.17%Gross margin, FY2024: 17.73%Gross margin, FY2025: 21.84%Operating margin, FY2021: 39.03%Operating margin, FY2022: 40.34%Operating margin, FY2023: 3.43%Operating margin, FY2024: -0.10%Operating margin, FY2025: 16.47%Net margin, FY2021: 22.47%Net margin, FY2022: 19.16%Net margin, FY2023: 37.20%Net margin, FY2024: 4.48%Net margin, FY2025: 13.03%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 40.84%. Gross margin FY2022 49.50%. Gross margin FY2023 17.17%. Gross margin FY2024 17.73%. Gross margin FY2025 21.84%. Operating margin FY2021 39.03%. Operating margin FY2022 40.34%. Operating margin FY2023 3.43%. Operating margin FY2024 -0.10%. Operating margin FY2025 16.47%. Net margin FY2021 22.47%. Net margin FY2022 19.16%. Net margin FY2023 37.20%. Net margin FY2024 4.48%. Net margin FY2025 13.03%.

Income trends

Revenue

10.75B CAD+18.56%

Operating income

1.77B CAD+1.78B CAD

Net income

1.4B CAD+244.79%
Income trends across reported periods19.05B CAD12.12B CAD5.19B CAD−1.74B CADRevenue, FY2021: 12.77B CADRevenue, FY2022: 17.32B CADRevenue, FY2023: 6.48B CADRevenue, FY2024: 9.07B CADRevenue, FY2025: 10.75B CADOperating income, FY2021: 4.98B CADOperating income, FY2022: 6.99B CADOperating income, FY2023: 222M CADOperating income, FY2024: −9M CADOperating income, FY2025: 1.77B CADNet income, FY2021: 2.87B CADNet income, FY2022: 3.32B CADNet income, FY2023: 2.41B CADNet income, FY2024: 406M CADNet income, FY2025: 1.4B CADFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 12.77B CAD. Revenue FY2022 17.32B CAD. Revenue FY2023 6.48B CAD. Revenue FY2024 9.07B CAD. Revenue FY2025 10.75B CAD. Operating income FY2021 4.98B CAD. Operating income FY2022 6.99B CAD. Operating income FY2023 222M CAD. Operating income FY2024 −9M CAD. Operating income FY2025 1.77B CAD. Net income FY2021 2.87B CAD. Net income FY2022 3.32B CAD. Net income FY2023 2.41B CAD. Net income FY2024 406M CAD. Net income FY2025 1.4B CAD.
Metric (CAD)FY2025FY2024FY2023FY2022FY2021
Revenue10.75B CAD9.07B CAD6.48B CAD17.32B CAD12.77B CAD
Cost of goods sold8.4B CAD7.46B CAD5.36B CAD8.75B CAD7.55B CAD
Gross profit2.35B CAD1.61B CAD1.11B CAD8.57B CAD5.21B CAD
Research and development34.97M CAD50M CAD117M CAD157M CAD129M CAD
Selling, general, and administrative334.73M CAD366M CAD377M CAD472M CAD297M CAD
Operating expenses577.53M CAD1.62B CAD890M CAD1.59B CAD231M CAD
Interest income270.78M CAD227.85M CAD95.01M CAD
Interest expense816.33M CAD789.47M CAD31M CAD64.43M CAD44.33M CAD
Depreciation and amortization1.9B CAD1.73B CAD925M CAD1.67B CAD1.49B CAD
Operating income1.77B CAD−9M CAD222M CAD6.99B CAD4.98B CAD
Net income1.4B CAD406M CAD2.41B CAD3.32B CAD2.87B CAD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+35.16%
11 comparable reports
Latest EPS result
1.39
Estimate 0.95 · Beat by 46.16%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.491.040.60.15Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.33, estimate 0.26, surprise +26.92%, Beat. Q2 2025, reported Apr 24, 2025: actual 0.42, estimate 0.25, surprise +67.93%, Beat. Q3 2025, reported Jul 24, 2025: actual 0.27, estimate 0.175, surprise +54.11%, Beat. Q4 2025, reported Oct 22, 2025: actual 0.55, estimate 0.39, surprise +41.03%, Beat. Q1 2026, reported Feb 19, 2026: actual 0.98, estimate 0.661, surprise +48.26%, Beat. Q2 2026, reported Apr 23, 2026: actual 1.2, estimate 0.802, surprise +49.63%, Beat. Q3 2026, reported Jul 23, 2026: actual 1.39, estimate 0.951, surprise +46.16%, Beat. Q4 2026, reported Oct 22, 2026: actual —, estimate 0.966, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.12B2.53B1.95B1.37BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 1.94B USD, estimate 1.82B USD, surprise +6.56%, Beat. Q2 2025, reported Apr 24, 2025: actual 1.61B USD, estimate 1.5B USD, surprise +7.53%, Beat. Q3 2025, reported Jul 24, 2025: actual 1.49B USD, estimate 1.59B USD, surprise -6.71%, Miss. Q4 2025, reported Oct 22, 2025: actual 2.43B USD, estimate 2.07B USD, surprise +17.51%, Beat. Q1 2026, reported Feb 19, 2026: actual 2.23B USD, estimate 2.21B USD, surprise +0.96%, Beat. Q2 2026, reported Apr 23, 2026: actual 2.83B USD, estimate 2.32B USD, surprise +21.74%, Beat. Q3 2026, reported Jul 23, 2026: actual 2.54B USD, estimate 2.38B USD, surprise +6.47%, Beat. Q4 2026, reported Oct 22, 2026: actual —, estimate 3B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$68.00

1.73% downside
Past 12 months12-month forecastHigh $68.00Average $68.00Low $68.00

Rating distribution

26 ratings
Strong buy00%
Buy1869%
Hold623%
Sell28%
Strong sell00%

Recent analyst actions

12 institutions
RBC CapitalmaintainOutperform
B of A SecuritiesmaintainBuy
Raymond JamesmaintainOutperform
ScotiabankmaintainSector Outperform

TECK news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.3605

2025 complete year+126.0% since 2021

2026 partial: $0.1804

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 15, 2026

$0.0906

Quarterly

Record Sep 15, 2026 · Payment Sep 29, 2026

Dividend

Ex-dividend Jun 15, 2026

$0.0894

Quarterly

Record Jun 15, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Mar 13, 2026

$0.091

Quarterly

Record Mar 13, 2026 · Payment Mar 31, 2026

Dividend

Ex-dividend Dec 15, 2025

$0.0908

Quarterly

Record Dec 15, 2025 · Payment Dec 31, 2025

Dividend

Ex-dividend Sep 15, 2025

$0.0906

Quarterly

Record Sep 15, 2025 · Payment Sep 29, 2025

Dividend

Ex-dividend Jun 16, 2025

$0.0922

Quarterly

Record Jun 16, 2025 · Payment Jun 30, 2025

TECK peers

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