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Major Drilling Group International Inc.

Major Drilling Group International Inc.

MDI.TO
Major Drilling Group International Inc.CA flagToronto Stock Exchange
15.27
CAD
+0.05
- -
1.26BMarket Cap
Major Drilling Group International Inc.
MDI.TO
(Toronto Stock Exchange)

Recent

price

15.27

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
6.74
10.48
8.79
4.48
3.83
3.8
3.75
4.27
4.79
5.08
5.36
7.91
8.88
8.58
8.89
10.84
10.86
Revenue per Share
0.39
1.18
0.66
-0.7
-0.62
-0.57
-0.52
-0.28
-0.23
-0.88
0.12
0.65
0.9
0.64
0.32
0.26
0.26
Basic EPS, GAAP
-0.22
0.44
0.86
0.23
- -
0.13
-0.26
-0.15
-0.06
0.13
0.04
0.55
0.66
0.47
0.35
0.25
0.25
Free Cash Flow per Basic Share
0.14
0.15
0.19
0.2
0.2
0.04
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
2.38
6.28
6.5
5.6
4.91
4.31
3.79
3.52
3.29
2.58
2.74
3.58
4.49
5.03
5.39
5.68
5.69
Book Value per Share
4.17
5.61
6.09
5.61
4.97
4.56
4.38
3.92
3.79
3.58
3.37
4.04
5.15
5.7
5.28
5.73
5.74
Tangible Book Value per Share
72
76
79
79
80
80
80
80
80
80
81
82
83
82
82
82
82
Basic Weighted Avg Shares
482
797
696
355
306
305
301
342
385
409
432
650
736
707
728
889
889
Sales/Revenue/Turnover
8.74
16.87
13.38
-0.73
-12.8
-10.23
-13.7
-7.33
-0.19
2.38
2.98
10.91
13.4
10.4
5.36
3.79
3.79
Operating Margin (%)
31
43
53
53
54
53
52
48
41
40
39
44
47
52
64
69
69
Depreciation Expense
28
90
52
-55
-50
-45
-42
-22
-18
-71
10
53
75
53
26
21
21
Net Income, GAAP
33.13
30.12
35.56
- -
- -
- -
- -
- -
- -
- -
26.14
21.94
23.21
25.25
30.42
32.76
32.76
Effective Tax Rate (%)
5.72
11.25
7.49
-15.58
-16.21
-14.87
-13.99
-6.56
-4.7
-17.34
2.32
8.22
10.18
7.51
3.57
2.4
2.4
Profit Margin (%)
88
176
197
169
152
146
136
138
150
180
147
204
246
242
194
219
219
Working Capital
17
42
34
14
9
7
5
17
16
53
18
54
24
3
35
34
34
LT Debt
328
488
538
484
460
426
410
372
363
297
280
360
453
494
522
556
556
Total Equity
7.93
20.72
10.63
- -
- -
- -
- -
- -
- -
- -
2.91
15.36
16.79
11.16
5.09
3.92
3.92
Return on Invested Capital (%)
13.04
25.17
9.87
- -
- -
- -
- -
- -
- -
- -
4.33
18.56
20.06
13
5.79
4.37
4.54
Return on Capital (%)
14.54
27.7
10.51
-11.56
-11.87
-12.27
-12.96
-7.66
-6.61
-30.07
4.68
20.76
22.49
13.5
6.07
4.72
4.72
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Oct'26
Jan'26
Apr'26
ST Debt
2
2
2
LT Borrowings
28
27
27
LT Finance Leases
7
6
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
82
82
82
Market Capitalization
1,011
1,224
1,283

Working Capital

FRC

•

in mil. unless spec.
Oct'26
Jan'26
Apr'26
Total Current Assets
385
347
372
Cash, Cash Equivalents & STI
65
89
63
Accounts Receivable, Net
191
132
179
Inventories
115
110
111
Total Current Liabilities
155
128
153
Payables & Accruals
145
118
145
ST Debt
2
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.62%
15.11%
6.5%
Free Cash Flow
46.73%
253.54%
-26.73%
Net Income, GAAP
48.01%
75.01%
-17.62%
Sales/Revenue/Turnover
12.18%
16.97%
22.2%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
199
207
133
168
707
2025
190
189
161
188
728
2026
227
244
185
234
889

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.26
0.29
-0.03
- -
0.64
2025
0.19
0.22
-0.11
- -
0.32
2026
0.12
0.17
-0.13
- -
0.26

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Major Drilling Group International Inc. is a leading provider of specialized drilling services primarily to the mining and metals industry. The company offers a comprehensive suite of drilling services including surface and underground coring, directional drilling, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive and longhole drilling, surface drill and blast, and related mine services; it also develops data and technology-driven innovation solutions such as cloud-based machine learning tools for core photography analysis and real-time geological decision-making. Founded in 1980 and headquartered in Moncton, New Brunswick, Canada, Major Drilling operates field offices and facilities across North America, South America, Australia, Asia, Africa, and Europe, serving junior exploration companies and senior mining operators with a fleet of over 700 drills and approximately 6,000 employees. In November 2024, the company acquired Explomin Perforaciones, a leading Peruvian specialty driller, for up to US$85 million, adding over 100 rigs focused on deep-hole, directional, and high-altitude drilling in Peru, Colombia, the Dominican Republic, and Spain, which expanded its South American presence, diversified revenue with more underground operations, and boosted its rig count while proving immediately accretive; by November 2025, integration advanced with new technologies, safety protocols, and rebranding as a Major Drilling company amid strong regional revenue growth of 11.6% year-over-year in Q4 2025. Recent activities include the renewal of a normal course issuer bid in October 2025 and upcoming release of second fiscal quarter results in December 2025.

Company News

APIChatGPT

  • feeds.newsfilecorp.com

    ICG Silver & Gold Engages Major Drilling for Upcoming 3,000-Meter Drill Program at the Tuscarora District

  • globenewswire.com

    Major Drilling to Release Results for its Third Fiscal Quarter on Wednesday, February 25, 2026