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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Teck Resources's retained earnings for the quarter that ended in Mar. 2026 was €11,468 Mil.
Teck Resources's quarterly retained earnings
increased
from Sep. 2025 (€10,454 Mil) to Dec. 2025 (€10,803 Mil) and
increased
from Dec. 2025 (€10,803 Mil) to Mar. 2026 (€11,468 Mil).
Teck Resources's annual retained earnings
declined
from Dec. 2023 (€13,409 Mil) to Dec. 2024 (€11,436 Mil) and
declined
from Dec. 2024 (€11,436 Mil) to Dec. 2025 (€10,803 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Teck Resources Retained Earnings Historical Data
* Premium members only.
The historical data trend for Teck Resources's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of €11,468 Mil mean?
Teck Resources (FRA:TPT) has a Retained Earnings of €11,468 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Teck Resources and its competitors.
Is Teck Resources' Retained Earnings too high?
Teck Resources' current Retained Earnings is €11,468 Mil. Overall, Teck Resources has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Teck Resources' Retained Earnings compare to competitors?
Teck Resources' Retained Earnings of €11,468 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Teck Resources and its competitors. Teck Resources's current Retained Earnings is €11,468 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teck Resources stock overvalued right now?
Teck Resources (FRA:TPT) has a current Retained Earnings of €11,468 Mil. The stock's GF Value™ is €46.81, compared to a current price of €47.60 — trading 1.7% above its estimated fair value. The current Retained Earnings is €11,468 Mil. Teck Resources' overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Teck Resources (FRA:TPT), the current Retained Earnings is €11,468 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Teck Resources (FRA:TPT) Overvalued in 2026?
Based on GuruFocus' analysis, Teck Resources stock appears to be overvalued.
The current stock price of €47.60 is trading 1.7% above its estimated GF Value™ of €46.81.
Key valuation signals for FRA:TPT:
Retained Earnings: €11,468 Mil
GF Value™: €46.81 vs. price of €47.60 (1.7% above fair value)
No single metric tells the full story. See the FRA:TPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teck is a base metals miner with copper and zinc operations in Canada, the United States, Chile, and Peru. After selling its metallurgical coal business, copper is now its major commodity by EBITDA contribution, followed by zinc. Teck 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 its coal business in mid-2024. In September 2025, it agreed to merge with Anglo American in an all-equity deal.
75GF Score
Get the complete analysis for FRA:TPT
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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