Teck Resources (TECK) Operating Margin (2009 - 2026)
Teck Resources' Operating Margin was 45.46% in Q2 2026, up 30.04 percentage points from 15.42% a year earlier and up 4.30 percentage points from the prior quarter.
Teck Resources (TECK) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Teck Resources' Operating Margin was 33.57% through Jun 30, 2026, up 28.92 percentage points year-over-year; for FY2025, it was 20.90%, up 21.93 percentage points from FY2024.
- Operating Margin shows a five-year change of +17.33 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -1.03% in FY2024 (-83.10 pp), 82.07% in FY2023 (+9.62 pp), 72.46% in FY2022 (+25.43 pp) and 47.03% in FY2021 (+43.46 pp).
- The Q2 2026 figure marks the highest quarterly Operating Margin since Q1 2023.
- Compared with a year earlier, Operating Margin has increased for four straight quarters, with an average year-over-year change of +15.41 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q4 2021 (a gain of 72.72 percentage points); the worst was Q1 2024 (a drop of 48.89 percentage points).
- Per Business Quant data, TECK's Operating Margin in the three quarters before Q2 2026 was 41.16% (Q1 2026), 30.12% (Q4 2025) and 15.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 61.16% |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 16.48% |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 28.50% |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 60.65% |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 51.63% |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | 15.67% |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | 6.29% |
| 10 | Teck Resources | 31.78 Bn | 13.51 Bn | 1.21 Bn | 45.46% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.46% |
| Mar 31, 2026 | 51.13% |
| Dec 31, 2025 | 45.03% |
| Sep 30, 2025 | 15.18% |
| Jun 30, 2025 | 15.42% |
| Mar 31, 2025 | 43.28% |
| Dec 31, 2024 | 33.02% |
| Sep 30, 2024 | -21.97% |
| Jun 30, 2024 | 17.31% |
| Mar 31, 2024 | 98.95% |
| Dec 31, 2023 | -8.57% |
| Sep 30, 2023 | -0.20% |
| Jun 30, 2023 | 29.98% |
| Mar 31, 2023 | 61.00% |
| Dec 31, 2022 | 18.76% |
| Sep 30, 2022 | 29.13% |
| Jun 30, 2022 | 50.30% |
| Mar 31, 2022 | 53.94% |
| Dec 31, 2021 | 53.27% |
| Sep 30, 2021 | 37.91% |
Teck Resources Operating 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=operating-margin&ticker=TECK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TECK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();