Financials · TECK

Teck Resources Ltd (TECK) financials

For fiscal 2025 (ended Dec 31, 2025), Teck Resources Ltd reported C$10.76B of revenue and C$1.40B of net income. Figures are in CAD, the currency of its SEC filings.

Revenue, FY2025
C$10.76B
Revenue growth, YoY
+18.7%
Net income, FY2025
C$1.40B
Net income growth, YoY
+245.1%
Net margin
13.0%
Free cash flow, FY2025
-C$359.00M
EPS, diluted, FY2025
C$2.83
EPS growth, YoY
+262.8%
Cash
C$5.01B
Total debt
C$3.90B
Annual revenueC$10.76B
FY2016FY2025
Annual net incomeC$1.40B
FY2016FY2025
Annual free cash flow-C$359.00M
FY2017FY2025

TECK revenue and earnings growth

TECK revenueFY2025C$10.76B

FY YoY
+18.7%
5Y CAGR
+3.7%

TECK revenue was C$10.76B for fiscal 2025 (ended Dec 31, 2025), up 18.7% from fiscal 2024. Compound annual growth was +3.7% over 5 years. It rose in 6 of the last 9 fiscal years.

TECK net incomeFY2025C$1.40B

FY YoY
+245.1%

TECK net income was C$1.40B for fiscal 2025 (ended Dec 31, 2025), up 245.1% from fiscal 2024. It rose in 2 of the last 4 fiscal years.

TECK EPSFY2025C$2.83

FY YoY
+262.8%

TECK diluted EPS was C$2.83 for fiscal 2025 (ended Dec 31, 2025), up 262.8% from fiscal 2024.

TECK free cash flowFY2025-C$359.00M

TECK free cash flow was -C$359.00M for fiscal 2025 (ended Dec 31, 2025), compared with C$528.00M in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
RevenueC$10.76BC$9.06BC$6.48BC$17.32BC$12.77BC$8.95BC$11.93BC$12.56BC$11.91BC$9.30B
Cost of revenueC$8.10BC$7.46BC$5.36BC$8.74BC$7.55BC$7.62BC$8.59BC$7.94BC$7.34BC$6.90B
Gross profitC$2.66BC$1.61BC$1.11BC$8.57BC$5.21BC$1.33BC$3.34BC$4.62BC$4.57BC$2.40B
Research and developmentC$35.00MC$50.00MC$117.00MC$157.00MC$129.00MC$97.00MC$67.00MC$35.00MC$55.00MC$30.00M
Selling, general and adminC$269.00MC$275.00MC$296.00MC$236.00MC$172.00MC$132.00MC$161.00MC$142.00MC$116.00MC$99.00M
Operating incomeC$2.25B-C$9.00MC$222.00MC$6.99BC$4.98B-C$910.00M-C$150.00MC$4.78BC$4.27BC$1.73B
Interest expenseC$912.00MC$953.00MC$160.00MC$203.00MC$190.00MC$278.00MC$266.00MC$252.00MC$229.00MC$354.00M
Pre-tax incomeC$1.66BC$1.89BC$3.92BC$5.61BC$4.53B-C$1.14B-C$468.00MC$4.51BC$3.91BC$1.63B
Income taxC$584.00MC$205.00MC$237.00MC$2.50BC$1.52B-C$192.00MC$120.00MC$1.36BC$1.43BC$587.00M
Net incomeC$1.40BC$406.00MC$2.41BC$3.32BC$2.87B-C$864.00M-C$605.00MC$3.11BC$2.46BC$1.04B
EPS, basicC$2.84C$0.79C$4.65C$6.30C$5.39-C$1.62-C$1.08C$5.41C$4.26C$1.80
EPS, dilutedC$2.83C$0.78C$4.59C$6.19C$5.31-C$1.62-C$1.08C$5.34C$4.19C$1.78
Diluted shares495.4M520.0M525.3M535.9M540.3M534.4M559.8M582.1M586.4M582.9M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalentsC$5.01BC$7.59BC$744.00MC$1.88BC$1.43BC$450.00MC$1.03BC$1.73BC$952.00MC$1.41B
ReceivablesC$2.56BC$1.66BC$2.10BC$1.53BC$1.98BC$1.31BC$1.06BC$1.18BC$1.42BC$1.58B
InventoryC$2.75BC$2.60BC$2.95BC$2.69BC$2.39BC$1.87BC$1.98BC$2.06BC$1.67BC$1.67B
Current assetsC$11.16BC$12.57BC$6.46BC$8.29BC$6.10BC$4.00BC$4.50BC$5.32BC$4.75BC$4.76B
GoodwillC$421.00MC$442.00MC$1.11BC$1.12BC$1.09BC$1.09BC$1.10BC$1.12BC$1.09BC$1.11B
Total assetsC$45.44BC$47.04BC$56.19BC$52.36BC$47.37BC$41.28BC$39.35BC$39.63BC$37.03BC$35.63B
Current liabilitiesC$4.40BC$4.37BC$5.89BC$5.86BC$3.76BC$3.25BC$2.78BC$2.52BC$2.61BC$2.20B
Short-term debtC$403.00MC$423.00MC$515.00MC$616.00MC$213.00MC$115.00MC$29.00MC$0C$55.00MC$99.00M
Long-term debtC$3.50BC$4.11BC$6.02BC$6.55BC$7.16BC$6.14BC$4.13BC$5.18BC$6.31BC$8.24B
Total debtC$3.90BC$4.53BC$6.53BC$7.17BC$7.37BC$6.25BC$4.16BC$5.18BC$6.37BC$8.34B
Total liabilitiesC$19.43BC$19.94BC$27.90BC$25.85BC$23.59BC$20.57BC$17.28BC$16.61BC$17.04BC$18.03B
Shareholders' equityC$25.10BC$26.08BC$26.99BC$25.47BC$23.00BC$20.04BC$21.30BC$22.88BC$19.85BC$17.44B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flowC$1.48BC$2.79BC$4.08BC$7.98BC$4.74BC$1.56BC$3.48BC$4.44BC$5.05B-
Capital expendituresC$1.84BC$2.26BC$3.88BC$4.42BC$3.97BC$3.13BC$2.79BC$1.91BC$1.62BC$1.42B
Free cash flow-C$359.00MC$528.00MC$199.00MC$3.56BC$772.00M-C$1.57BC$696.00MC$2.53BC$3.43B-
Investing cash flow-C$1.91BC$6.17B-C$4.76B-C$5.68B-C$4.82B-C$3.67B-C$3.57B-C$1.60B-C$2.48B-C$1.84B
Financing cash flow-C$1.85B-C$2.56B-C$469.00M-C$1.99BC$1.06BC$1.53B-C$537.00M-C$2.16B-C$2.97B-C$1.64B
Dividends paid-------C$172.00MC$344.00MC$58.00M
Share repurchasesC$1.01BC$1.24BC$250.00MC$1.39BC$0C$207.00MC$661.00MC$189.00MC$175.00M-
Depreciation and amortizationC$1.76BC$1.73BC$925.00MC$1.67BC$1.49BC$1.51BC$1.62BC$1.48BC$1.49BC$1.39B

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY18.7%40.0%-62.6%35.6%42.7%-25.0%-5.0%5.5%28.1%-
Net income growth, YoY245.1%-83.1%-27.4%15.7%---26.3%136.5%-
EPS growth, YoY262.8%-83.0%-25.8%16.6%---27.4%135.4%-
Gross margin24.7%17.7%17.2%49.5%40.8%14.9%28.0%36.8%38.3%25.8%
Operating margin20.9%-0.1%3.4%40.3%39.0%-10.2%-1.3%38.1%35.9%18.5%
Net margin13.0%4.5%37.2%19.2%22.5%-9.7%-5.1%24.7%20.7%11.2%
Free cash flow margin-3.3%5.8%3.1%20.6%6.0%-17.5%5.8%20.2%28.8%-
Return on equity5.6%1.6%8.9%13.0%12.5%-4.3%-2.8%13.6%12.4%6.0%
Return on assets3.1%0.9%4.3%6.3%6.1%-2.1%-1.5%7.8%6.6%2.9%
Current ratio2.542.881.101.411.621.231.622.111.822.16
Debt to equity0.160.170.240.280.320.310.200.230.320.48

Source: XBRL data Teck Resources Ltd files with the SEC, latest filing dated Feb 19, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

TECK peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
TECKC$10.76B+18.7%C$1.40B13.0%$29.69B
MLM$7.21B+19.6%$2.30B31.9%$36.85B
VMC$8.01B+1.6%$1.10B13.8%$36.29B
SQM$4.58B+1.0%$588.14M12.9%$16.43B
HL$1.82B+84.1%$382.86M21.0%$9.90B
MDU$1.86B-0.8%$192.48M10.3%$3.92B
USLM$381.09M+4.5%$133.68M35.1%$3.39B
KNF$3.38B+10.9%$134.62M4.0%$3.20B
LEU$454.50M+0.1%$76.20M16.8%$2.08B

TECK FAQ

9 questions
  • What is TECK revenue?
    Teck Resources Ltd (TECK) reported C$10.76B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 18.7% from the year before.
  • Is TECK profitable?
    Yes. Teck Resources Ltd earned C$1.40B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 13.0%.
  • How much cash and debt does TECK have?
    Teck Resources Ltd reported C$5.01B in cash and cash equivalents and C$3.90B of debt on its most recent balance sheet in SEC filings.
  • How fast is TECK revenue growing?
    Teck Resources Ltd's revenue changed +18.7% in fiscal 2025, to C$10.76B. Its compound annual growth rate was +3.7% over 5 years.
  • What is TECK gross margin?
    Teck Resources Ltd's gross profit was C$2.66B on C$10.76B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 24.7%.
  • What is TECK free cash flow?
    Teck Resources Ltd generated -C$359.00M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of C$1.48B less capital expenditures.
  • What is TECK earnings per share?
    Diluted earnings per share were C$2.83 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did TECK last report financial results?
    The latest statements here come from Teck Resources Ltd's 40-F filed on Feb 19, 2026, covering the period ended Dec 31, 2025.
  • Where does this TECK financial data come from?
    Quantisnow builds these statements from the structured XBRL data Teck Resources Ltd files with the SEC. It is provided for information only and is not investment advice.