TECK
Teck Resources Ltd
@andrewt
• 1 year agoPremium Flanker
Is The Business Growing?
Is The Business Growing?Teck sells resources - specifically, mining commodities like steelmaking coal, zinc, and lead. Understandably, its growth fluctuates based on commodity prices.
Fortunately, CAGR smooths out these fluctuations to present a good overall look at Teck's growth:
Revenue: CAGR of 6.4% over the last 9 years
Net Income: CAGR of 23.4% over the last 9 years
Total Equity: CAGR of 4.2% over the last 9 years
Ideally, each number grows at 10% or more per year. Teck's net income growth seems particularly impressive at 23.4% over the last 9 years. However, their net income CAGR is -5.0% in the last 5 years.
Thanks to Flank for making it easy to calculate these numbers!