Teck Resources (TECK) Gross Margin (2010 - 2026)
Teck Resources (TECK) recorded Gross Margin of 46.32% in Q2 2026, up 23.04 percentage points from 23.28% a year earlier and up 2.83 percentage points from the prior quarter.
Teck Resources (TECK) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Teck Resources' Gross Margin came in at 35.99% as of Jun 30, 2026, up 15.67 percentage points year-over-year; for FY2025, it came in at 24.70%, up 7.49 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +16.67 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 17.21% in FY2024 (+0.04 pp), 17.17% in FY2023 (-32.33 pp), 49.50% in FY2022 (+5.19 pp) and 44.31% in FY2021 (+36.28 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q2 2022.
- On a year-over-year basis, Gross Margin has increased for eight consecutive quarters, with an average year-over-year change of +10.84 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 32.35 percentage points in Q2 2022, against a drop of 33.58 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 43.49% (Q1 2026), 32.37% (Q4 2025) and 19.50% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 169.27 Bn | 148.06 Bn | 2.90 Bn | 67.60% |
| 3 | Rio Tinto | 143.19 Bn | 103.69 Bn | - | - |
| 4 | Newmont | 124.94 Bn | 92.94 Bn | 4.03 Bn | 65.87% |
| 5 | Freeport-Mcmoran | 99.70 Bn | 83.74 Bn | 2.19 Bn | 31.10% |
| 6 | Agnico Eagle Mines | 93.79 Bn | 83.42 Bn | 2.43 Bn | 63.79% |
| 7 | Barrick Mining | 69.30 Bn | 44.49 Bn | 2.90 Bn | 54.74% |
| 8 | Nucor | 59.72 Bn | 49.11 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 48.37 Bn | 27.39 Bn | - | - |
| 10 | Teck Resources | 31.96 Bn | 13.69 Bn | 1.21 Bn | 46.32% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.32% |
| Mar 31, 2026 | 43.49% |
| Dec 31, 2025 | 32.37% |
| Sep 30, 2025 | 19.50% |
| Jun 30, 2025 | 23.28% |
| Mar 31, 2025 | 23.41% |
| Dec 31, 2024 | 19.45% |
| Sep 30, 2024 | 16.72% |
| Jun 30, 2024 | 23.20% |
| Mar 31, 2024 | 10.44% |
| Dec 31, 2023 | 8.25% |
| Sep 30, 2023 | 13.12% |
| Jun 30, 2023 | 40.07% |
| Mar 31, 2023 | 44.02% |
| Dec 31, 2022 | 36.75% |
| Sep 30, 2022 | 42.18% |
| Jun 30, 2022 | 59.28% |
| Mar 31, 2022 | 53.68% |
| Dec 31, 2021 | 50.38% |
| Sep 30, 2021 | 41.86% |
Teck Resources Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TECK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TECK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TECK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();