TECK RESOURCES LTD
TECK, TCKRF · Mining & Quarrying of Nonmetallic Minerals (No Fuels) · EDGAR filings ↗
Grade
B74Diversified miner with a fortress balance sheet and strong top-line/operating recovery, but modest returns.
Strengths
- Top-decile cash (100th pct), cash runway (100th pct) and low leverage (debt/equity 38th pct)
- Revenue +24.6% (88th pct), net income +298% (92nd pct), operating margin 88th pct
Risks
- Returns still modest — ROE 4.1% (59th pct), ROA 2.4% — and FCF negative (5th pct) on heavy capex
- Commodity-price cyclicality drives earnings volatility
Notable findings
- Cash burnNegative free cash flow (-262.2M)
- Strong balance sheetStrong balance sheet — $3.7B cash & investments, ~56 quarters of runway
Key metrics
Gross margin
24.7%
Operating margin
20.9%
Net margin
10.0%
Return on equity
4.1%
Return on assets
2.4%
ROIC
5.9%
Revenue growth (QoQ)
24.6%
Net-income growth
297.9%
Debt / equity
0.2×
Interest coverage
2.5×
Current ratio
2.5×
Free cash flow
-$262M
Tangible book value
$18.7B
Cash & investments
$3.7B
Cash runway
56q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2026-02-19 | 2025-12-31 | 0000886986-26-000004 ↗ |
| 40-F | 2025-02-20 | 2024-12-31 | 0000886986-25-000004 ↗ |
| 40-F | 2024-02-23 | 2023-12-31 | 0000886986-24-000003 ↗ |
| 40-F | 2023-02-21 | 2022-12-31 | 0000886986-23-000008 ↗ |
| 40-F | 2022-02-28 | 2021-12-31 | 0000886986-22-000007 ↗ |
| 40-F | 2021-02-23 | 2020-12-31 | 0000886986-21-000007 ↗ |
| 40-F | 2020-02-27 | 2019-12-31 | 0000950142-20-000606 ↗ |
| 40-F | 2019-02-28 | 2018-12-31 | 0001193125-19-055171 ↗ |
| 40-F | 2018-03-01 | 2017-12-31 | 0001193125-18-064855 ↗ |
| 40-F | 2017-02-27 | 2016-12-31 | 0000950142-17-000426 ↗ |
| 40-F | 2016-03-04 | 2015-12-31 | 0000950142-16-003244 ↗ |
| 40-F | 2015-03-06 | 2014-12-31 | 0000950142-15-000510 ↗ |