TMX Group revenue and financials
$53.39Change from previous close: +0.38%Absolute change: +$0.20
In the fiscal year ended December 2025, TMX Group reported revenue of $1.72B (+17.61% year over year). Net income was $415.7M, a net margin of 24.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +17.61%
- 2025 vs 2024
- Net income growth
- −13.67%
- 2025 vs 2024
- Net margin
- 24.2%
- 2024: 33.0%
Financial data
Amounts in millions of CAD; per-share values in CAD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 271 | 111 | 224 | 157 | 263 | 122 | 179 | 171 | 210 | 64.6 | 140 | 117 |
| Depreciation and amortization | 48.8 | 48.8 | 47.0 | 45.3 | 44.6 | 43.8 | 42.0 | 42.0 | 41.2 | 40.4 | 28.4 | 28.2 |
| Capital expenditure | -12.3 | -16.4 | -57.8 | -16.9 | -21.5 | -25.0 | -19.1 | -22.4 | -18.2 | -14.0 | -15.8 | -19.3 |
| Investing cash flow | -8.3 | 98.7 | -142 | -12.3 | -57.1 | -34.9 | -56.8 | -33.7 | 46.0 | -1,126 | -27.8 | 4.8 |
| Financing cash flow | -262 | -192 | -162 | -35.3 | -118 | -162 | -237 | -104 | -175 | 1,079 | -362 | 74.0 |
| Dividends paid | -66.1 | -66.8 | -61.2 | -61.2 | -55.6 | -55.6 | -52.8 | -52.8 | -52.7 | -49.8 | -49.8 | -50.1 |
| Share repurchases | -93.7 | -57.5 | — | — | 0.0 | 0.0 | — | — | — | — | -39.4 | -23.7 |
| Debt issued | 309 | 7.3 | -12.8 | 89.9 | 2.4 | 1.0 | -2.8 | 6.6 | 409 | 2,405 | -251 | 154 |
| Debt repaid | -403 | -12.3 | -75.8 | -5.6 | -52.6 | -27.5 | -165 | -30.6 | -519 | -1,234 | -4.2 | -2.8 |
| Effect of exchange rates | 3.1 | 1.4 | -2.1 | 3.0 | -6.7 | 0.9 | 5.2 | 0.1 | 1.1 | 2.1 | -1.3 | 1.5 |
| Net change in cash | 4.0 | 18.6 | -82.9 | 112 | 80.9 | -74.1 | -110 | 32.7 | 81.9 | 19.2 | -251 | 197 |
| Free cash flow | 259 | 94.4 | 166 | 140 | 241 | 96.8 | 160 | 148 | 191 | 50.6 | 124 | 97.7 |
| Levered free cash flow | 243 | 43.7 | 194 | 102 | 195 | 40.7 | 196 | 98.5 | 150 | 69.3 | 101 | 94.2 |