Teck Resources (Teck Resources) Net Margin %

: 11.76% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Teck Resources's Net Income for the three months ended in Dec. 2023 was $360 Mil. Teck Resources's Revenue for the three months ended in Dec. 2023 was $3,062 Mil. Therefore, Teck Resources's net margin for the quarter that ended in Dec. 2023 was 11.76%.

The historical rank and industry rank for Teck Resources's Net Margin % or its related term are showing as below:

TECK' s Net Margin % Range Over the Past 10 Years
Min: -29.96 Med: 13.62 Max: 24.73
Current: 16.05

TECK's Net Margin % is ranked better than
84.67% of 861 companies
in the Metals & Mining industry
Industry Median: 0.28 vs TECK: 16.05

Teck Resources Net Margin % Historical Data

The historical data trend for Teck Resources's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Teck Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-5.07

-9.66

22.47

19.16

16.05

Teck Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																8.47	30.12	14.49	7.67	11.76

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Teck Resources's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Teck Resources Net Margin % Distribution

For the Metals & Mining industry and Basic Materials sector, Teck Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where Teck Resources's Net Margin % falls into.

Teck Resources Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Teck Resources's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	1795.617	/	11188.879
	=	16.05 %

Teck Resources's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	360.018	/	3062.016
	=	11.76 %

Teck Resources (NYSE:TECK) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Teck Resources Net Margin % Related Terms

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Teck Resources (Teck Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teck Resources Ltd (NYSE:TECK) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

TCKRF:USA TECK:Mexico TEKB:Germany TECK.B:Canada TECK.A:Canada

Address

550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3

Website

https://www.teck.com

Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.