Teck Gross Profit from 2010 to 2024

TECK Stock  USD 47.21  0.56  1.20%   
Teck Resources Gross Profit yearly trend continues to be quite stable with very little volatility. The value of Gross Profit is projected to decrease to about 2.6 B. Gross Profit is the profit Teck Resources Ltd makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1993-03-31
Previous Quarter
1.1 B
Current Value
478 M
Quarterly Volatility
570.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Teck Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teck Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 B, Interest Expense of 191.3 M or Selling General Administrative of 332.9 M, as well as many indicators such as Price To Sales Ratio of 1.94, Dividend Yield of 0.0195 or PTB Ratio of 1.25. Teck financial statements analysis is a perfect complement when working with Teck Resources Valuation or Volatility modules.
  
Check out the analysis of Teck Resources Correlation against competitors.

Latest Teck Resources' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Teck Resources Ltd over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Teck Resources' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Teck Resources' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 8.57 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Teck Gross Profit Regression Statistics

Arithmetic Mean3,383,126,614
Geometric Mean2,577,407,137
Coefficient Of Variation62.42
Mean Deviation1,647,632,042
Median3,066,000,000
Standard Deviation2,111,775,869
Sample Variance4459597.3T
Range8.4B
R-Value0.46
Mean Square Error3793057.3T
R-Squared0.21
Significance0.09
Slope216,503,195
Total Sum of Squares62434362.5T

Teck Gross Profit History

20242.6 B
20228.6 B
20215.1 B
20201.3 B
20193.3 B
20184.6 B
20174.6 B

Other Fundumenentals of Teck Resources

Teck Resources Gross Profit component correlations

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0.980.980.780.740.830.940.570.670.540.80.510.34-0.480.640.010.180.96-0.140.390.580.76-0.41-0.59
0.830.790.80.740.920.850.540.470.660.530.670.49-0.580.350.130.130.79-0.080.250.220.45-0.38-0.38
0.890.860.810.830.920.90.550.460.630.640.670.39-0.620.56-0.020.190.88-0.070.370.40.57-0.38-0.46
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0.440.40.610.390.250.370.470.070.180.240.590.52-0.21-0.420.61-0.28-0.140.54-0.170.90.4-0.23-0.27
0.570.550.60.580.220.40.560.170.380.230.760.45-0.22-0.450.8-0.28-0.070.66-0.260.90.61-0.3-0.33
0.720.670.690.760.450.570.730.360.830.030.730.38-0.15-0.510.59-0.090.140.780.020.40.61-0.44-0.55
-0.44-0.36-0.58-0.41-0.38-0.38-0.480.19-0.410.07-0.42-0.10.110.4-0.360.06-0.1-0.510.45-0.23-0.3-0.440.6
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About Teck Resources Financial Statements

Teck Resources investors utilize fundamental indicators, such as Gross Profit, to predict how Teck Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit4.9 B2.6 B
Gross Profit Margin 0.32  0.36 

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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:
Check out the analysis of Teck Resources Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
(0.29)
Dividend Share
0.5
Earnings Share
2.08
Revenue Per Share
32.13
Quarterly Revenue Growth
0.437
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.