1. Canada Stocks

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    Finance

  3. •

    Investment managers
IGM Financial Inc.

IGM Financial Inc.

53.00
EUR
+0.50
(+0.95%)
3.06EPS
15.92P/E
11.30BMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10.3
11.23
11.75
12.19
12.71
12.87
13.03
13.22
15.02
13.21
13.39
14.7
16.17
17.42
Basic EPS, GAAP
3.02
2.99
3.11
3.19
2.5
3.19
3.12
3.21
4.1
3.64
4.83
3.93
4.66
4.97
Free Cash Flow per Basic Share
2.63
2.71
2.41
2.61
2.52
3.03
2.63
2.64
3.59
2.49
2.87
4.1
3.87
4.75
Dividend per Share
2.19
2.19
2.29
2.29
2.29
2.29
2.27
2.25
2.25
2.25
2.25
2.25
2.26
2.32
Book Value per Share
18.06
18.17
18.7
19.11
19.43
18.48
18.88
20.96
26.91
25.51
27.97
32.79
38.04
40.15
Tangible Book Value per Share
3.03
2.99
2.85
2.78
3.45
2.49
2.55
3.65
9.56
7.98
11.64
16.34
21.34
23.18
Basic Weighted Avg Shares
252
252
248
241
241
241
239
238
239
238
238
238
236
234
Sales/Revenue/Turnover
2,596
2,831
2,917
2,941
3,058
3,099
3,116
3,151
3,588
3,149
3,186
3,492
3,821
4,086
Operating Margin (%)
49.21
45.6
46.31
44.61
45.42
45.38
31.19
31.74
33.04
32.06
31.32
32.25
33.01
31.77
Depreciation Expense
32
34
39
43
56
56
79
83
100
87
91
93
98
- -
Net Income, GAAP
771
762
781
779
611
776
749
764
979
867
1,149
934
1,101
1,166
Effective Tax Rate (%)
21.46
21.02
21.22
17.7
22.16
21.29
22.68
20.8
22.62
22.22
18.79
22.5
23.17
22.69
Profit Margin (%)
29.69
26.92
26.76
26.5
19.97
25.04
24.03
24.26
27.29
27.54
36.06
26.73
28.81
28.53
Working Capital
5,750
9,033
6,654
6,744
5,929
5,530
5,307
5,713
7,355
8,595
7,187
8,475
10,590
10,133
LT Debt
5,168
8,079
5,995
6,312
6,646
6,101
6,129
5,596
4,949
4,753
4,959
5,037
5,163
5,616
Total Equity
4,708
4,719
4,727
4,747
4,825
4,602
4,499
5,043
6,501
6,130
6,720
7,870
9,038
9,380
Return on Invested Capital (%)
8.97
7.69
7.58
8
6.57
7.65
5.47
5.41
6.68
5.82
5.38
5.92
6.28
6.17
Return on Capital (%)
7.56
6.31
6.09
6.35
4.93
6.13
6.07
6.28
7.79
7.07
9.22
7
7.49
7.7
Return on Common Equity (%)
17.22
16.51
16.88
16.8
12.98
16.82
16.69
16.1
17.11
13.86
18.06
12.91
13.15
13.41

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,218
2,156
2,061
LT Borrowings
4,997
5,030
5,446
LT Finance Leases
165
165
169
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
235
233
232
Market Capitalization
14,529
15,378
18,318

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,571
12,570
12,770
Cash, Cash Equivalents & STI
3,687
3,563
4,281
Accounts Receivable, Net
292
342
314
Inventories
- -
- -
- -
Total Current Liabilities
2,981
2,625
2,636
Payables & Accruals
763
469
576
ST Debt
2,218
2,156
2,061
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.21%
12.96%
14.84%
Free Cash Flow
6.54%
11.45%
-6.03%
Net Income, GAAP
5.22%
9.67%
17.94%
Sales/Revenue/Turnover
2.96%
4.37%
9.42%
Total Cash Common Dividend
-0.49%
-0.12%
-0.21%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
840
846
879
926
3,492
2025
905
915
981
1,020
3,821
2026
1,016
1,069
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.94
0.91
1.01
1.07
3.93
2025
0.99
1.04
1.26
1.37
4.66
2026
1.21
1.13
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.56
0.56
0.56
0.56
2.25
2025
0.57
0.56
0.56
0.57
2.26
2026
0.57
0.62
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Damon Murchison
Full Time Employees
3,594
Sector
Finance
Industry
Investment managers
Address
447 Portage Avenue Winnipeg MB Canada R3B 3H5
IPO Date
Nov 13, 1986
Website
igmfinancial.com
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Business
IGM Financial Inc. (TSX: IGM) operates as a leading wealth and asset management company principally through its core businesses IG Wealth Management and Mackenzie Investments; IG Wealth Management provides comprehensive financial planning, investment advisory, mutual funds, insurance, banking products, mortgages, estate planning, tax services and discretionary portfolio management to Canadian retail households via a network of advisors; Mackenzie Investments offers investment management services encompassing mutual funds, ETFs, institutional separate managed accounts, sub-advisory mandates and alternative assets distributed to third-party dealers, financial advisors, pensions and institutional investors globally. The company maintains strategic investments including stakes in Rockefeller Capital Management for U.S. wealth management, Wealthsimple Financial Corp. for digital wealth solutions, China Asset Management Co. (ChinaAMC) as China's second-largest asset manager, Northleaf Capital Partners for private markets and Great-West Lifeco Inc. for insurance; it was founded in 1978 and is headquartered in Winnipeg, Manitoba, Canada, with primary operations in Canada and global reach through partnerships in North America, Europe and Asia. Recent developments include a October 2025 transaction revaluing its Rockefeller stake to $1.58 billion (up $750 million since 2023 acquisition) while retaining second-largest ownership ahead of a partial sale closing in Q4 2025; a October 2025 Wealthsimple financing round boosting IGM's stake valuation by $680 million to $2.26 billion (after $100 million additional investment) for 25.5% ownership; record Q3 2025 assets under management and advisement of $302.6 billion (up 14.2% year-over-year) and including strategic investments $562.4 billion; launches of multiple new funds in quant strategies, fixed income ETFs and international equity; and amended normal course issuer bid in November 2025 targeting up to 5 million share repurchases.

Company News

Company News APIChatGPT