Teck Resources Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	10,756	9,065	6,476	17,316	12,766
Revenue Growth (YoY)	18.65%	39.98%	-62.60%	35.64%	42.67%
Cost of Revenue	8,099	7,458	5,364	8,745	7,552
Gross Profit	2,657	1,607	1,112	8,571	5,214
Selling, General & Admin	269	275	296	236	172
Research & Development	35	50	117	157	129
Other Operating Expenses	123	180	501	1,000	87
Operating Expenses	583	683	1,081	1,719	363
Operating Income	2,074	924	31	6,852	4,851
Interest Expense	-675	-733	22	20	20
Interest & Investment Income	271	234	110	53	5
Earnings From Equity Investments	-3	3	2	4	-3
Currency Exchange Gain (Loss)	-41	146	9	15	37
Other Non Operating Income (Expenses)	3	-238	-344	-317	-208
EBT Excluding Unusual Items	1,629	336	-170	6,627	4,702
Gain (Loss) on Sale of Assets	27	36	183	-4	-14
Asset Writedown	-	-1,090	-88	-	-
Other Unusual Items	-	-	-	-58	-
Pretax Income	1,656	-718	-75	6,565	4,688
Income Tax Expense	584	205	237	2,495	1,518
Earnings From Continuing Operations	1,072	-923	-312	4,070	3,170
Earnings From Discontinued Operations	-	1,206	2,620	-772	-255
Net Income to Company	1,072	283	2,308	3,298	2,915
Minority Interest in Earnings	329	123	101	19	-47
Net Income	1,401	406	2,409	3,317	2,868
Net Income to Common	1,401	406	2,409	3,317	2,868
Net Income Growth	245.07%	-83.15%	-27.37%	15.66%	-
Shares Outstanding (Basic)	494	516	518	527	532
Shares Outstanding (Diluted)	495	516	518	536	540
Shares Change (YoY)	-4.00%	-0.35%	-3.36%	-0.82%	1.10%
EPS (Basic)	2.84	0.79	4.65	6.30	5.39
EPS (Diluted)	2.83	0.79	4.65	6.19	5.31
EPS Growth	259.68%	-83.09%	-24.84%	16.60%	-
Free Cash Flow	-583	155	-256	2,518	105
Free Cash Flow Per Share	-1.18	0.30	-0.49	4.70	0.19
Dividend Per Share	0.500	0.500	0.500	0.500	0.200
Dividend Growth	-	-	-	150.00%	-
Gross Margin	24.70%	17.73%	17.17%	49.50%	40.84%
Operating Margin	19.28%	10.19%	0.48%	39.57%	38.00%
Profit Margin	13.03%	4.48%	37.20%	19.16%	22.47%
Free Cash Flow Margin	-5.42%	1.71%	-3.95%	14.54%	0.82%
EBITDA	3,900	2,634	905	8,522	6,106
EBITDA Margin	36.26%	29.06%	13.98%	49.21%	47.83%
D&A For EBITDA	1,826	1,710	874	1,670	1,255
EBIT	2,074	924	31	6,852	4,851
EBIT Margin	19.28%	10.19%	0.48%	39.57%	38.00%
Effective Tax Rate	35.27%	-	-	38.01%	32.38%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.