TECK vs. WPM: Teck Resources vs. Wheaton Precious Metals Stock Comparison

November 11, 2026

How do Teck Resources (TECK) and Wheaton Precious Metals (WPM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Teck Resources (TECK) and Wheaton Precious Metals (WPM) both belong to the Metals & Mining industry, though TECK is classified under Diversified Metals & Mining while WPM falls under Gold.

Company profile comparison for Teck Resources (TECK) and Wheaton Precious Metals (WPM)
Profile Item	TECK	WPM
Name	Teck Resources Ltd Class B	Wheaton Precious Metals Corp.
Country/Region	Canada	Canada
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Diversified Metals & Mining	Gold
Market Capitalization	29.69 billion USD	61.91 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	July 18, 2002	July 6, 2005
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

TECK

WPM

GSPC

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Teck Resources (TECK) and Wheaton Precious Metals (WPM). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Teck Resources (TECK) and Wheaton Precious Metals (WPM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Teck Resources (TECK) and Wheaton Precious Metals (WPM)
Metric	TECK	WPM
Total Return (1Y)	55.90%	45.35%
Total Return (3Y, Annualized)	24.00%	50.60%
Total Return (5Y, Annualized)	20.13%	29.06%

Risk Profile

Drawdown History

TECK

WPM

GSPC

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Teck Resources (TECK) and Wheaton Precious Metals (WPM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Teck Resources (TECK) and Wheaton Precious Metals (WPM)
Metric	TECK	WPM
Volatility (1Y, Annualized)	47.52%	52.11%
Beta (5Y)	0.98	0.49
Max Drawdown (5Y)	-46.10%	-43.29%
Avg. Volume (3M)	2.80M	2.01M

Risk-Adjusted Performance

Risk-Return Positioning

TECK and WPM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Teck Resources (TECK) and Wheaton Precious Metals (WPM)
Metric	TECK	WPM
Sharpe Ratio (1Y)	1.09	0.79
Sortino Ratio (1Y)	1.64	1.14

Profitability

ROE (TTM)

Wheaton Precious Metals (WPM) at 23.10% sits in the top ROE quartile, while Teck Resources (TECK) at 13.58% is closer to the peer norm — stronger capital efficiency for WPM.

TECK

Materials industry group

13.58%

Max: 52.88%
Q3: 19.49%
TECK: 13.58%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

WPM

Materials industry group

23.10%

Max: 52.88%
WPM: 23.10%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Wheaton Precious Metals (WPM) at 60.39% keeps the most of each sales dollar — above its industry’s net margin range — and Teck Resources (TECK) at 25.19% also retains a top-quartile share.

TECK

Materials industry group

25.19%

Max: 38.66%
TECK: 25.19%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

WPM

Materials industry group

60.39%

WPM: 60.39%
Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Teck Resources (TECK) at 35.29% and Wheaton Precious Metals (WPM) at 66.70% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

TECK

Materials industry group

35.29%

Max: 66.70%
TECK: 35.29%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

WPM

Materials industry group

66.70%

WPM: 66.70%
Max: 66.70%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Teck Resources (TECK) and Wheaton Precious Metals (WPM)
Metric	TECK	WPM
ROE (TTM)	13.58%	23.10%
ROA (TTM)	7.39%	15.22%
Net Margin (TTM)	25.19%	60.39%
Operating Margin (TTM)	35.29%	66.70%
Gross Margin (TTM)	40.09%	86.61%

Growth

Revenue Growth

Wheaton Precious Metals (WPM) at 80.18% sits in the top revenue growth quartile, while Teck Resources (TECK) at 18.65% is closer to the peer norm — faster top-line expansion for WPM.

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Teck Resources (TECK) at 262.82% and Wheaton Precious Metals (WPM) at 177.85% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Teck Resources (TECK) and Wheaton Precious Metals (WPM)
Metric	TECK	WPM
Revenue Growth (YoY)	18.65%	80.18%
Revenue Growth (3Y CAGR)	-14.68%	29.53%
EPS Growth (YoY)	262.82%	177.85%
EPS Growth (3Y CAGR)	-22.96%	29.83%

Financial Strength

Current Ratio (MRQ)

Teck Resources (TECK) at 2.80 keeps current ratio within its industry’s typical mid-range, while Wheaton Precious Metals (WPM) at 0.57 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WPM.

TECK

Materials industry group

2.80

Max: 5.96
Q3: 3.30
TECK: 2.80
Median: 2.24
Q1: 1.45
Min: 0.16

WPM

Materials industry group

0.57

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
WPM: 0.57
Min: 0.16

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both Teck Resources (TECK) at 0.32 and Wheaton Precious Metals (WPM) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

TECK

Materials industry group

0.32

Max: 1.98
Q3: 0.89
Median: 0.47
TECK: 0.32
Q1: 0.13
Min: 0.00

WPM

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
WPM: 0.16
Q1: 0.13
Min: 0.00

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Teck Resources (TECK) and Wheaton Precious Metals (WPM)
Metric	TECK	WPM
Current Ratio (MRQ)	2.80	0.57
Debt / Equity (MRQ)	0.32	0.16
Net Debt / EBITDA	0.40	0.50

Dividends

Dividend Yield (TTM)

Both Teck Resources (TECK) at 0.83% and Wheaton Precious Metals (WPM) at 0.57% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

TECK

Materials industry group

0.83%

Max: 4.52%
Q3: 1.85%
TECK: 0.83%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

WPM

Materials industry group

0.57%

Max: 4.52%
Q3: 1.85%
WPM: 0.57%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Teck Resources (TECK) at 6.45% and Wheaton Precious Metals (WPM) at 16.29% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

TECK

Materials industry group

6.45%

Max: 83.62%
Q3: 41.37%
Median: 9.54%
TECK: 6.45%
Q1: 0.00%
Min: 0.00%

WPM

Materials industry group

16.29%

Max: 83.62%
Q3: 41.37%
WPM: 16.29%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Teck Resources (TECK) and Wheaton Precious Metals (WPM)
Metric	TECK	WPM
Dividend Yield (TTM)	0.83%	0.57%
Dividend Payout Ratio (TTM)	6.45%	16.29%

Valuation

P/E Ratio (TTM)

Teck Resources (TECK) at 10.84 sits in the cheaper P/E ratio quartile, while Wheaton Precious Metals (WPM) at 29.63 is closer to its industry’s usual earnings multiple — a discount for TECK, though growth and earnings durability still matter.

TECK

Materials industry group

10.84

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
TECK: 10.84
Min: 3.93

WPM

Materials industry group

29.63

Max: 59.00
Q3: 32.93
WPM: 29.63
Median: 18.82
Q1: 11.96
Min: 3.93

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Teck Resources (TECK) at 1.96 prices around its industry’s typical P/S ratio, while Wheaton Precious Metals (WPM) at 17.86 clears its benchmark range — WPM looks notably rich on sales.

TECK

Materials industry group

1.96

Max: 9.62
Q3: 4.34
TECK: 1.96
Median: 1.87
Q1: 0.73
Min: 0.00

WPM

Materials industry group

17.86

WPM: 17.86
Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

Teck Resources (TECK) at 1.43 is valued about in line with its industry on P/B ratio, while Wheaton Precious Metals (WPM) at 6.17 carries an above-peer premium to book — WPM is pricier on assets.

TECK

Materials industry group

1.43

Max: 6.59
Q3: 3.55
Median: 2.08
TECK: 1.43
Q1: 1.26
Min: -0.17

WPM

Materials industry group

6.17

Max: 6.59
WPM: 6.17
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

Teck Resources (TECK) vs. Wheaton Precious Metals (WPM): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Teck Resources (TECK) and Wheaton Precious Metals (WPM)
Metric	TECK	WPM
P/E Ratio (TTM)	10.84	29.63
P/S Ratio (TTM)	1.96	17.86
P/B Ratio (MRQ)	1.43	6.17
Free Cash Flow Yield (TTM)	7.82%	-5.11%