Teck Resources Ltd

TECK

Teck Resources Ltd

@andrewt
1 year ago

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!