Financials Teck Resources Limited Nyse

Equities

TECK

CA8787422044

Diversified Mining

Market Closed - Nyse Other stock markets 01:30:02 12/07/2025 am IST			5-day change	1st Jan Change
38.31 ^USD	-1.29%		-6.15%	-5.48%

09/07	Stifel Canada Initiates Teck Resources at Hold With CA$60 Price Target	MT
04/07	Teck Resources Maintains Hold Rating, US$45 Price Target at Deutsche Bank	MT

Projected Income Statement: Teck Resources Limited

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	8,948	13,481	18,628	15,011	13,505	10,405	11,572	11,660
Change	-	50.66%	38.18%	-19.42%	-10.03%	-22.95%	11.21%	0.76%
EBITDA ¹	2,570	6,573	9,568	6,367	5,184	4,142	5,116	5,063
Change	-	155.76%	45.57%	-33.46%	-18.58%	-20.11%	23.52%	-1.03%
EBIT ¹	-910	4,742	6,715	4,106	1,636	2,209	3,010	2,768
Change	-	621.1%	41.61%	-38.85%	-60.16%	35.03%	36.23%	-8.03%
Interest Paid ¹	-278	-215	-203	-274	-953	-858.6	-799	-712.4
Earnings before Tax (EBT) ¹	-1,136	4,532	6,565	3,944	896	1,680	2,096	2,143
Change	-	498.94%	44.86%	-39.92%	-77.28%	87.47%	24.8%	2.21%
Net income ¹	-864	2,868	4,089	2,435	406	992.7	1,238	1,152
Change	-	431.94%	42.57%	-40.45%	-83.33%	144.52%	24.74%	-6.95%
Announcement Date	18/02/21	23/02/22	21/02/23	22/02/24	20/02/25	-	-	-

¹CAD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	1,720	2,291	2,560	2,547	2,558	3,970	4,406	5,032	5,787	4,669	3,140	3,785	3,519	3,599	4,108	3,988	3,873	2,858	2,786	2,290	2,180	2,907	2,832	2,774	2,885	3,193	3,133	2,976
Change	-	33.2%	11.74%	-0.51%	0.43%	55.2%	10.98%	14.21%	15%	-19.32%	-32.75%	20.54%	-7.03%	2.27%	14.14%	-2.92%	-2.88%	-26.21%	-2.52%	-17.8%	-4.8%	33.32%	-2.55%	-2.05%	3.98%	10.68%	-1.87%	-5.02%
EBITDA ¹	485	638	839	967	989	2,096	2,521	3,044	3,290	1,901	1,333	1,972	1,479	1,213	1,703	1,693	1,670	986	835	927	800.8	1,102	1,149	1,183	1,208	1,342	1,343	1,357
Change	-	31.55%	31.5%	15.26%	2.28%	111.93%	20.28%	20.75%	8.08%	-42.22%	-29.88%	47.94%	-25%	-17.99%	40.4%	-0.59%	-1.36%	-40.96%	-15.31%	11.02%	-13.62%	37.61%	4.24%	3.02%	2.11%	11.02%	0.1%	1.07%
EBIT ¹	-172	111	-498	603	539	1,505	2,261	2,499	2,709	1,408	617	1,855	1,055	561	748	993	966	-628	305	501	411.5	644.5	670.1	654.4	797.1	901.6	964.4	924.7
Change	-	164.53%	-548.65%	221.08%	-10.61%	179.22%	50.23%	10.53%	8.4%	-48.03%	-56.18%	200.65%	-43.13%	-46.82%	33.33%	32.75%	-2.72%	-165.01%	148.57%	64.26%	-17.86%	56.63%	3.97%	-2.34%	21.8%	13.11%	6.97%	-4.12%
Charge d'intérêts ¹	-116	-65	-45	-52	-52	-57	-54	-51	-52	-67	-33	-61	-67	-71	-75	-259	-280	-246	-238	-220	-225.7	-223	-220.7	-201	-194	-187	-180	-
Earnings before Tax (EBT) ¹	-251	44	-549	501	469	1,354	2,208	2,450	2,663	-76	594	1,856	805	589	694	741	658	-759	256	450	259.5	451.7	496.2	481.9	628.5	729.7	793.7	758.6
Change	-	117.53%	-1,347.73%	191.26%	-6.39%	188.7%	63.07%	10.96%	8.69%	-102.85%	881.58%	212.46%	-56.63%	-26.83%	17.83%	6.77%	-11.2%	-215.35%	133.73%	75.78%	-42.34%	74.08%	9.85%	-2.88%	30.41%	16.1%	8.78%	-4.42%
Net income ¹	-149	61	-464	305	260	816	1,487	1,571	1,675	-195	247	1,140	510	276	483	343	363	-748	399	370	141.4	240.7	259.1	240.8	379	391	389	-
Change	-	140.94%	-860.66%	165.73%	-14.75%	213.85%	82.23%	5.65%	6.62%	-111.64%	226.67%	361.54%	-55.26%	-45.88%	75%	-28.99%	5.83%	-306.06%	153.34%	-7.27%	-61.78%	70.21%	7.63%	-7.06%	57.39%	3.17%	-0.51%	-
Announcement Date	23/07/20	27/10/20	18/02/21	27/04/21	26/07/21	27/10/21	23/02/22	27/04/22	27/07/22	27/10/22	21/02/23	26/04/23	27/07/23	24/10/23	22/02/24	24/04/24	23/07/24	24/10/24	20/02/25	24/04/25	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: Teck Resources Limited

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	7,431	6,641	5,855	5,790	-2,105	-356	-1,777	-2,933
Change	-	-10.63%	-11.84%	-1.11%	-136.36%	83.09%	-399.16%	-65.05%
Announcement Date	18/02/21	23/02/22	21/02/23	22/02/24	20/02/25	-	-	-

¹CAD in Million

Estimates

Cash Flow Forecast: Teck Resources Limited

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	3,628	4,713	5,465	5,782	2,635	1,959	2,406	2,507
Change	-	29.91%	15.96%	5.8%	-54.43%	-25.66%	22.84%	4.2%
Free Cash Flow (FCF) ¹	-2,065	25	2,518	-1,698	155	802.7	2,471	2,304
Change	-	101.21%	9,972%	-167.43%	109.13%	417.89%	207.81%	-6.77%
Announcement Date	18/02/21	23/02/22	21/02/23	22/02/24	20/02/25	-	-	-

¹CAD in Million

Estimates

Forecast Financial Ratios: Teck Resources Limited

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	28.72%	48.76%	51.36%	42.42%	38.39%	40.14%	44.21%	43.42%
EBIT Margin (%)	-10.17%	35.18%	36.05%	27.35%	12.11%	21.23%	26.01%	23.74%
EBT Margin (%)	-12.7%	33.62%	35.24%	26.27%	6.63%	16.14%	18.12%	18.38%
Net margin (%)	-9.66%	21.27%	21.95%	16.22%	3.01%	9.54%	10.7%	9.88%
FCF margin (%)	-23.08%	0.19%	13.52%	-11.31%	1.15%	7.71%	21.35%	19.76%
FCF / Net Income (%)	239%	0.87%	61.58%	-69.73%	38.18%	80.86%	199.53%	199.93%
Profitability
ROA	1.39%	6.9%	8.2%	4.99%	0.79%	2.2%	2.62%	2.68%
ROE	2.71%	14.2%	16.87%	9.28%	1.53%	3.72%	4.33%	4.46%
Financial Health
Leverage (Debt/EBITDA)	2.89x	1.01x	0.61x	0.91x	-	-	-	-
Debt / Free cash flow	-3.6x	265.64x	2.33x	-3.41x	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	40.55%	34.96%	29.34%	38.52%	19.51%	18.83%	20.8%	21.5%
CAPEX / EBITDA (%)	141.17%	71.7%	57.12%	90.81%	50.83%	46.9%	47.04%	49.53%
CAPEX / FCF (%)	-175.69%	18,852%	217.04%	-340.52%	1,700%	244.04%	97.39%	108.84%
Items per share
Cash flow per share ¹	2.925	8.769	14.9	7.77	5.365	5.008	8.71	8.768
Change	-	199.82%	69.88%	-47.84%	-30.95%	-6.66%	73.92%	0.67%
Dividend per Share ¹	0.2	0.2	1	1	1	0.5301	0.5511	0.595
Change	-	0%	400%	0%	0%	-46.99%	3.96%	7.96%
Book Value Per Share ¹	37.73	43.06	49.59	52.17	51.5	51.63	53.64	55.06
Change	-	14.12%	15.15%	5.21%	-1.28%	0.24%	3.89%	2.64%
EPS ¹	-1.62	5.31	7.63	4.64	0.78	2.26	2.62	2.443
Change	-	427.78%	43.69%	-39.19%	-83.19%	189.78%	15.93%	-6.79%
Nbr of stocks (in thousands)	5,31,102	5,33,239	5,12,248	5,20,061	5,11,716	4,98,000	4,98,000	4,98,000
Announcement Date	18/02/21	23/02/22	21/02/23	22/02/24	20/02/25	-	-	-