Teck Resources Limited (TECK-B.TO) stock analysis

In our weekly check, Teck Resources Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 12 pass, warnings: 8, red flags: 5.

About Teck Resources Limited

Teck Resources Limited is a Basic Materials company (Industrial Materials) based in Canada, listed on TSX as TECK-B.TO.

What our checks show for TECK-B.TO

Red flags

• The gross margin fell by 5.9 points, to 34.9%: costs are rising faster than prices.
• Analysts expect revenue to shrink about 0.8% a year.
• Revenue fell 6.9% a year over the last 3 years.
• The stock has fallen as much as 93% from a peak. Would you have held through that?
• Beta 1.65: the stock usually moves more than the market, both up and down.

Warning signs

• The net margin fell by 4.6 points over 5 years, to 17.9%: the company keeps less of each sale as profit.
• Analysts expect earnings per share to shrink about 6.1% a year.
• Analysts expect the net margin to shrink by 2.1 points from today's 17.9%.
• Earnings per share fell 6.7% a year over the last 3 years.
• Net profit fell 9% a year over the last 3 years.
• The price swings a lot: 46.3% annual volatility. Expect large ups and downs.
• Recovering from its deepest fall took about 1.8 years.
• Return on capital (ROCE) is only 9.3%.

Strengths

• Net debt is only 0.6x a year of EBITDA: the balance sheet has room.
• Operating cash flow is 1.68x net profit: the profit arrives as real cash.
• Free cash flow is 10.9% of revenue: cash for dividends, buybacks or growth.
• The dividend takes 10% of profit: there is a cushion.
• A large company: market value $28.98 billion.
• Pay in shares is only 0% of free cash flow.

Next earnings report: 2026-10-29

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FCX · SCCO · ERO

Questions

What grade does Teck Resources Limited (TECK-B.TO) have?

In our weekly check, Teck Resources Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 12 pass, warnings: 8, red flags: 5. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of TECK-B.TO stock?

This week's biggest flags for Teck Resources Limited: Gross margin falling, Weak revenue forecast, Weak revenue growth. In total 13 of 25 checks show a warning or a red flag.

What does Teck Resources Limited do?

Teck Resources Limited is a Basic Materials company (Industrial Materials) based in Canada, listed on TSX as TECK-B.TO.

When does Teck Resources Limited report earnings next?

The next earnings report is expected on 2026-10-29. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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