Teck Historical Income Statement

TECK Stock

USD 39.32 0.80 1.99%

Historical analysis of Teck Resources income statement accounts such as Gross Profit of 2.5 B, Other Operating Expenses of 5.4 B, EBIT of 54.1 M or Ebitda of 2.8 B can show how well Teck Resources Ltd performed in making a profits. Evaluating Teck Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Teck Resources's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Teck Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Teck Resources is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About Teck Income Statement Analysis

Teck Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Teck Resources shareholders. The income statement also shows Teck investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Teck Resources Income Statement Chart

At this time, Teck Resources' Research Development is quite stable compared to the past year. Net Income Applicable To Common Shares is expected to rise to about 4 B this year, although the value of Other Operating Expenses will most likely fall to about 5.4 B.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Teck Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Teck Resources Ltd minus its cost of goods sold. It is profit before Teck Resources operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Teck Resources. It is also known as Teck Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Teck Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Teck Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

	2022	2023	2024	2025 (projected)
Interest Expense	20M	191M	775M	813.8M
Depreciation And Amortization	1.8B	1.9B	1.7B	879.4M

Interest Expense Depreciation And Amortization

Teck Resources income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Minority Interest	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		-0.19	0.59	0.79	0.48	0.95	0.34	0.39	0.53	0.92	0.45	0.26	-0.14	0.22	0.34	0.45	0.38	0.25	-0.71	0.62	-0.57	0.32	0.42
Interest Expense	-0.19		0.25	-0.21	-0.24	-0.1	-0.35	-0.39	-0.28	-0.14	0.43	-0.32	-0.03	-0.15	-0.26	-0.1	-0.54	-0.13	-0.04	-0.36	0.03	-0.87	0.31
Selling General Administrative	0.59	0.25		0.62	0.61	0.56	0.41	0.39	0.57	0.49	0.81	0.4	0.12	0.45	0.53	0.55	0.44	-0.15	-0.55	0.74	-0.7	-0.16	0.69
Total Revenue	0.79	-0.21	0.62		0.89	0.89	0.77	0.84	0.92	0.89	0.33	0.69	0.04	0.63	0.75	0.64	0.67	0.01	-0.41	0.73	-0.39	0.5	0.36
Gross Profit	0.48	-0.24	0.61	0.89		0.59	0.9	0.95	0.99	0.58	0.29	0.87	0.21	0.81	0.92	0.69	0.81	-0.2	-0.09	0.78	-0.32	0.5	0.32
Other Operating Expenses	0.95	-0.1	0.56	0.89	0.59		0.46	0.52	0.64	0.99	0.41	0.35	-0.15	0.3	0.42	0.47	0.38	0.22	-0.65	0.55	-0.43	0.34	0.38
Operating Income	0.34	-0.35	0.41	0.77	0.9	0.46		0.94	0.91	0.47	0.01	0.96	0.49	0.92	0.96	0.54	0.85	-0.19	0.05	0.7	-0.26	0.58	0.15
Ebit	0.39	-0.39	0.39	0.84	0.95	0.52	0.94		0.96	0.53	0.0	0.92	0.26	0.83	0.92	0.6	0.83	-0.24	0.06	0.68	-0.15	0.65	0.1
Ebitda	0.53	-0.28	0.57	0.92	0.99	0.64	0.91	0.96		0.65	0.21	0.88	0.21	0.81	0.91	0.67	0.82	-0.18	-0.13	0.77	-0.32	0.55	0.27
Cost Of Revenue	0.92	-0.14	0.49	0.89	0.58	0.99	0.47	0.53	0.65		0.29	0.37	-0.13	0.31	0.42	0.44	0.39	0.21	-0.63	0.51	-0.38	0.4	0.32
Total Operating Expenses	0.45	0.43	0.81	0.33	0.29	0.41	0.01	0.0	0.21	0.29		-0.04	-0.16	0.02	0.1	0.36	0.01	0.14	-0.52	0.41	-0.58	-0.44	0.66
Income Before Tax	0.26	-0.32	0.4	0.69	0.87	0.35	0.96	0.92	0.88	0.37	-0.04		0.6	0.97	0.98	0.5	0.9	-0.4	0.12	0.69	-0.18	0.53	0.1
Total Other Income Expense Net	-0.14	-0.03	0.12	0.04	0.21	-0.15	0.49	0.26	0.21	-0.13	-0.16	0.6		0.68	0.54	0.04	0.47	-0.38	0.23	0.24	-0.11	0.07	-0.1
Net Income	0.22	-0.15	0.45	0.63	0.81	0.3	0.92	0.83	0.81	0.31	0.02	0.97	0.68		0.96	0.45	0.85	-0.45	0.09	0.68	-0.25	0.36	0.18
Income Tax Expense	0.34	-0.26	0.53	0.75	0.92	0.42	0.96	0.92	0.91	0.42	0.1	0.98	0.54	0.96		0.59	0.89	-0.39	0.04	0.75	-0.26	0.48	0.25
Research Development	0.45	-0.1	0.55	0.64	0.69	0.47	0.54	0.6	0.67	0.44	0.36	0.5	0.04	0.45	0.59		0.44	0.03	0.06	0.6	-0.38	0.4	0.61
Net Income From Continuing Ops	0.38	-0.54	0.44	0.67	0.81	0.38	0.85	0.83	0.82	0.39	0.01	0.9	0.47	0.85	0.89	0.44		-0.38	-0.1	0.85	-0.33	0.62	0.14
Minority Interest	0.25	-0.13	-0.15	0.01	-0.2	0.22	-0.19	-0.24	-0.18	0.21	0.14	-0.4	-0.38	-0.45	-0.39	0.03	-0.38		-0.15	-0.1	-0.35	0.12	0.02
Selling And Marketing Expenses	-0.71	-0.04	-0.55	-0.41	-0.09	-0.65	0.05	0.06	-0.13	-0.63	-0.52	0.12	0.23	0.09	0.04	0.06	-0.1	-0.15		-0.37	0.52	0.11	-0.34
Tax Provision	0.62	-0.36	0.74	0.73	0.78	0.55	0.7	0.68	0.77	0.51	0.41	0.69	0.24	0.68	0.75	0.6	0.85	-0.1	-0.37		-0.72	0.41	0.48
Interest Income	-0.57	0.03	-0.7	-0.39	-0.32	-0.43	-0.26	-0.15	-0.32	-0.38	-0.58	-0.18	-0.11	-0.25	-0.26	-0.38	-0.33	-0.35	0.52	-0.72		0.03	-0.48
Net Interest Income	0.32	-0.87	-0.16	0.5	0.5	0.34	0.58	0.65	0.55	0.4	-0.44	0.53	0.07	0.36	0.48	0.4	0.62	0.12	0.11	0.41	0.03		-0.15
Reconciled Depreciation	0.42	0.31	0.69	0.36	0.32	0.38	0.15	0.1	0.27	0.32	0.66	0.1	-0.1	0.18	0.25	0.61	0.14	0.02	-0.34	0.48	-0.48	-0.15

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Teck Resources Account Relationship Matchups

Teck Resources income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	1.6B	1.6B	1.8B	1.9B	1.7B	879.4M
Interest Expense	108M	5M	20M	191M	775M	813.8M
Selling General Administrative	179M	299M	472M	317M	366M	384.3M
Total Revenue	8.9B	13.5B	17.3B	15.0B	9.1B	7.4B
Gross Profit	1.3B	5.1B	8.6B	5.1B	1.6B	2.5B
Other Operating Expenses	8.5B	8.9B	10.4B	10.6B	9.1B	5.4B
Operating Income	438M	4.9B	7.0B	4.4B	(9M)	(8.6M)
Ebit	324M	4.5B	6.7B	3.9B	57M	54.2M
Ebitda	1.9B	6.2B	8.5B	5.9B	1.8B	2.8B
Cost Of Revenue	7.6B	8.4B	8.7B	9.9B	7.5B	4.9B
Total Operating Expenses	904M	534M	1.7B	773M	1.6B	1.7B
Income Before Tax	(1.1B)	4.5B	6.6B	3.9B	(718M)	(682.1M)
Total Other Income Expense Net	(226M)	(295M)	(421M)	(426M)	(709M)	(673.6M)
Net Income	(944M)	2.9B	3.3B	2.4B	406M	385.7M
Income Tax Expense	(192M)	1.6B	2.5B	1.6B	205M	194.8M
Research Development	97M	129M	157M	164M	50M	74.8M
Net Income From Continuing Ops	(944M)	2.9B	4.1B	2.3B	(923M)	(876.9M)
Net Income Applicable To Common Shares	(605M)	(864M)	2.9B	3.3B	3.8B	4.0B
Minority Interest	669M	(47M)	19M	101M	123M	123.9M
Tax Provision	(192M)	1.6B	2.5B	1.6B	205M	194.8M
Interest Income	10M	5M	53M	112M	6M	5.7M
Reconciled Depreciation	1.5B	1.6B	1.7B	1.9B	1.7B	1.8B

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When determining whether Teck Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teck Resources Ltd Stock. Highlighted below are key reports to facilitate an investment decision about Teck Resources Ltd Stock:

How To Invest In Teck

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Is Teck Stock a good investment?

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What is Teck Resources' Net Worth?

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Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teck Resources. If investors know Teck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teck Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.16)

Dividend Share

0.5

Earnings Share

(0.63)

Revenue Per Share

17.567

Quarterly Revenue Growth

0.512

The market value of Teck Resources is measured differently than its book value, which is the value of Teck that is recorded on the company's balance sheet. Investors also form their own opinion of Teck Resources' value that differs from its market value or its book value, called intrinsic value, which is Teck Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teck Resources' market value can be influenced by many factors that don't directly affect Teck Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Teck Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teck Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teck Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Teck Historical Income Statement

About Teck Income Statement Analysis

Teck Resources Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Teck Resources income statement Correlations

Teck Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Teck Resources income statement Accounts

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Ebitda	+ 0.99	Gross Profit
Cost Of Revenue	+ 0.99	Other Operating Expenses
Income Tax Expense	+ 0.98	Income Before Tax
Net Income	+ 0.97	Income Before Tax
Income Before Tax	+ 0.96	Operating Income
Income Tax Expense	+ 0.96	Operating Income

Net Interest Income	- 0.87	Interest Expense
Interest Income	- 0.72	Tax Provision
Selling And Marketing Expenses	- 0.71	Depreciation And Amortization
Interest Income	- 0.7	Selling General Administrative
Selling And Marketing Expenses	- 0.65	Other Operating Expenses
Selling And Marketing Expenses	- 0.63	Cost Of Revenue