Company Analysis

Teck Resources Limited (TECK)

NYSE: TECK · Mining & Quarrying of Nonmetallic Minerals (No Fuels) · Vancouver, BC · filing with the SEC since 1997
Grade5.2
◀ Past 6.2● Present 4.8▶ Future 4.1
1 est.

The grade of Teck Resources Limited

Nine metrics read from its own filings, by tense
Headline grade
5.2/10
◀ Past6.240% of the headline
● Present4.835% of the headline
▶ Future4.125% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.2/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.4/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 74th percentile among 23 sector filers · read for itself

From the record

Teck Resources Limited's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.1/10

What has it actually done, year after year?

-2.2% a year over 8 filed years; profitable in 6 of 8.

weight 33% of this tense · 31st percentile among 20 sector filers · read for its customers

From the record

Teck Resources Limited's 8 filed years say what it did: revenue went from CAD 13 billion in fiscal 2018 to CAD 11 billion in fiscal 2025, down 2.2% a year; it rose in 4 of 7 years; the deepest fall was 63% from fiscal 2022 to fiscal 2023; net income was positive in 6 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-2.2%bottom 8% of its family
  • the share of years revenue rosebottom 39% of its family
  • the share of filed years with a profittop 47% of its family
  • the deepest fall from a revenue peak62.6%bottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.5/10

How has it treated the people who own it?

Share count shrank 2.6% a year. 30% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 85th percentile among 15 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Teck Resources Limited's diluted share count shrank about 2.6% a year, and dividends and buybacks returned about 30% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 7% of its family
  • cash returned against operating cash flowtop 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.8/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.9/10

Is it financially healthy right now?

ROE 4%: 4¢ of profit per shareholder dollar. Leverage 43%: owes 43¢ per asset dollar.

weight 45% of this tense · 59th percentile among 23 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Teck Resources Limited earned about 4 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 6 cents per dollar of everything the company owns. Leverage: it owed about 43 cents per dollar of assets, and net share issuance: its share count shrank 4.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 46% of its family
  • return on equitytop 41% of its family
  • gross profit against assetsbottom 26% of its family
  • the share count against the year beforetop 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.2/10

How strong is its position in its industry?

bottom 32% of 18 in its family; net margin 10%.

weight 33% of this tense · 32nd percentile among 18 sector filers · read for its customers

From the record

Teck Resources Limited's standing among 18 graded names in its industry family: revenue of CAD 11 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 10% ranks in the top 45%; revenue growth of -14.7% a year over the last 3 filed years ranks in the bottom 8% (its annual reports).

What it rests on

  • net margin10.0%top 45% of its family
  • three-year revenue growth-14.7%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 15 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 15 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 15 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Teck Resources Limited's leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 15 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.1/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.6/10

How much room does it have to grow?

bottom 36% of 19 in its family for room to expand.

weight 22% of this tense · 36th percentile among 19 sector filers · read for itself

From the record

Teck Resources Limited's room to grow, from the newest filed statements (fiscal 2025): cash of CAD 5.0 billion against debt of CAD 3.9 billion leaves 2.4% of its assets as net cash, bottom 46% of its family; cash from operations less capital spending is -3.3% of revenue (bottom 34%); a gross margin of 24.7% (top 50%); research spending of 0.3% of revenue (bottom 13%) (its annual report).

What it rests on

  • cash less debt against assets2.4%bottom 46% of its family
  • cash from operations less capital spending against revenue-3.3%bottom 34% of its family
  • gross margin24.7%top 50% of its family
  • research spending against revenue0.3%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.5/10

What could actually drive growth from here?

bottom 35% of 19 in its family for growth drivers.

weight 33% of this tense · 35th percentile among 19 sector filers · read for its customers

From the record

Teck Resources Limited's growth drivers, from the filed years to fiscal 2025: revenue grew -14.7% a year over the last three filed years against -2.2% over all 8, slowing (bottom 8% of its family); the newest year grew 18.7% (top 18%); research spending grew -39.4% a year (bottom 42%); capital spending grew -25.4% a year (bottom 8%) (its annual reports). Teck Resources Limited tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-12.5 points a yearbottom 8% of its family
  • the newest year's revenue growth18.7%top 18% of its family
  • three-year growth of research spending-39.4%bottom 42% of its family
  • three-year growth of capital spending-25.4%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.8/10

Did its newest year beat what its own record pointed to?

bottom 48% of 16 in its family for expectations against reality.

weight 45% of this tense · 48th percentile among 16 sector filers · read for its shareholders

From the record

Teck Resources Limited's newest year against its own record: revenue of CAD 11 billion in fiscal 2025 came in 64% above the CAD 6.6 billion its prior three years' pace pointed to (top 9% of its family); net income of CAD 1.1 billion against a prior three-year average of CAD 2.0 billion (bottom 32%); a net margin of 10% against 19.3% before (bottom 22%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace64.0%top 9% of its family
  • net income against the prior three years' average-45%bottom 32% of its family
  • net margin against its prior average-9.3 pointsbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TECK · research, not advice