TECK RESOURCES LTD (TECK) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does TECK RESOURCES LTD Do?
Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, Energy, and Corporate segments. The company's principal products include steelmaking coal; copper, gold, blended bitumen, lead, silver, molybdenum, zinc, and zinc concentrates; chemicals, fertilizers, and other metals. It also produces indium and germanium. In addition, the company holds interest in Frontier oil sands projects in the Athabasca region of Alberta; and owns interests in exploration and development projects in Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is headquartered in Vancouver, Canada. TECK RESOURCES LTD (TECK) is classified as a large-cap stock in the Materials sector, specifically within the Non-Metallic And Industrial Metal Mining industry. The company is led by CEO Jonathan Price and employs approximately 12,100 people, headquartered in Vancouver, British Columbia. With a market capitalization of $26.0B, TECK is one of the prominent companies in the Materials sector.
TECK RESOURCES LTD (TECK) Stock Rating — Hold (April 2026)
As of April 2026, TECK RESOURCES LTD receives a Hold rating with a composite score of 53.3/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.TECK ranks #1,204 out of 4,446 stocks in our coverage universe. Within the Materials sector, TECK RESOURCES LTD ranks #78 of 284 stocks, placing it in the upper half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
TECK Stock Price and 52-Week Range
TECK RESOURCES LTD (TECK) currently trades at $56.51. The stock gained $1.85 (3.4%) in the most recent trading session. The 52-week high for TECK is $62.41, which means the stock is currently trading -9.5% from its annual peak. The 52-week low is $28.32, putting the stock 99.5% above its annual trough. Recent trading volume was 2.9M shares, reflecting moderate market activity.
Is TECK Overvalued or Undervalued? — Valuation Analysis
TECK RESOURCES LTD (TECK) carries a value factor score of 62/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The price-to-book ratio stands at 1.42x, versus the sector average of 2.83x. The price-to-sales ratio is 1.02x, compared to 0.74x for the average Materials stock. On an enterprise value basis, TECK trades at 4.94x EV/EBITDA, versus 6.01x for the sector.
Overall, TECK's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
TECK RESOURCES LTD Profitability — ROE, Margins, and Quality Score
TECK RESOURCES LTD (TECK) earns a quality factor score of 34/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 4.3%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 2.4% versus the sector average of 0.6%.
On a margin basis, TECK RESOURCES LTD reports gross margins of 17.7%, compared to 29.8% for the sector. The operating margin is -0.1% (sector: 6.0%). Net profit margin stands at 3.1%, versus 3.0% for the average Materials stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
TECK Debt, Balance Sheet, and Financial Health
TECK RESOURCES LTD has a debt-to-equity ratio of 18.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $3.27B. Cash and equivalents stand at $5.27B.
TECK has a beta of 1.62, meaning it is more volatile than the broader market — a $10,000 investment in TECK would be expected to move 62.3% more than the S&P 500 on any given day. The stability factor score for TECK RESOURCES LTD is 46/100, reflecting average volatility within the normal range for its sector.
TECK RESOURCES LTD Revenue and Earnings History — Quarterly Trend
In TTM 2026, TECK RESOURCES LTD reported revenue of $6.30B and earnings per share (EPS) of $-0.63. Net income for the quarter was $197M. Gross margin was 17.7%. Operating income came in at $-6M.
In FY 2024, TECK RESOURCES LTD reported revenue of $6.30B and earnings per share (EPS) of $-0.63. Net income for the quarter was $197M. Gross margin was 17.7%. Revenue grew 28.3% year-over-year compared to FY 2023. Operating income came in at $-6M.
In FY 2023, TECK RESOURCES LTD reported revenue of $4.91B and earnings per share (EPS) of $-0.17. Net income for the quarter was $1.75B. Gross margin was 17.2%. Revenue grew -61.7% year-over-year compared to FY 2022. Operating income came in at $168M.
In FY 2022, TECK RESOURCES LTD reported revenue of $12.80B and earnings per share (EPS) of $7.77. Net income for the quarter was $2.44B. Gross margin was 49.5%. Revenue grew 28.1% year-over-year compared to FY 2021. Operating income came in at $5.16B.
Over the past 8 quarters, TECK RESOURCES LTD has experienced revenue contraction from $9.21B to $6.30B. Investors analyzing TECK stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
TECK Dividend Yield and Income Analysis
TECK RESOURCES LTD (TECK) does not currently pay a dividend. This is common among growth-oriented companies in the Non-Metallic And Industrial Metal Mining industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.
TECK Momentum and Technical Analysis Profile
TECK RESOURCES LTD (TECK) has a momentum factor score of 76/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 58/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 43/100 reflects moderate short selling activity.
TECK vs Competitors — Materials Sector Ranking and Peer Comparison
Within the Materials sector, TECK RESOURCES LTD (TECK) ranks #78 out of 284 stocks based on the Blank Capital composite score. This places TECK in the upper half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.
Comparing TECK against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full TECK vs S&P 500 (SPY) comparison to assess how TECK RESOURCES LTD stacks up against the broader market across all factor dimensions.
TECK Next Earnings Date
No upcoming earnings date has been announced for TECK RESOURCES LTD (TECK) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy TECK? — Investment Thesis Summary
TECK RESOURCES LTD presents a balanced picture with arguments on both sides. The quality score of 34/100 flags below-average profitability. The value score of 62/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 76/100, suggesting the trend favors buyers.
In summary, TECK RESOURCES LTD (TECK) earns a Hold rating with a composite score of 53.3/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on TECK stock.
Related Resources for TECK Investors
Explore more research and tools: TECK vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare TECK head-to-head with peers: TECK vs CF, TECK vs NTR, TECK vs UAN.