1. Canada Stocks

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  3. •

    Independent Power Producers
Maxim Power Corp.

Maxim Power Corp.

MXG.TO
Maxim Power Corp.CA flagToronto Stock Exchange
4.25
CAD
+0.03
- -
270.16MMarket Cap
Maxim Power Corp.
MXG.TO
(Toronto Stock Exchange)

Recent

price

4.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.8
2.98
2.89
3.21
2.64
0.36
0.12
0.04
0.37
0.54
0.93
3.12
2.82
0.82
1.93
1.36
1.29
Revenue per Share
0.45
0.28
0.07
0.18
-0.17
-1.43
-0.99
0.34
0.08
-0.11
0.19
1.57
0.84
0.56
0.42
0.26
0.21
Basic EPS, GAAP
0.34
0.38
-0.08
0.44
-0.11
-0.89
-0.27
-0.41
-0.68
-1.9
-0.26
0.33
-0.09
-0.08
1.46
0.27
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.61
- -
- -
Dividend per Share
1.35
4.51
4.58
4.76
4.59
3.16
2.17
2.52
2.54
2.43
2.71
4.29
5.11
5.64
5.76
5.01
5.01
Book Value per Share
3.45
3.83
3.89
4.34
4.33
3.57
2.76
2.72
2.76
2.66
2.96
4.54
5.36
5.91
6.02
5.23
5.23
Tangible Book Value per Share
54
54
54
54
54
54
54
54
54
52
50
50
50
50
53
64
64
Basic Weighted Avg Shares
151
161
157
174
143
20
6
2
20
28
47
156
141
41
101
87
82
Sales/Revenue/Turnover
6.96
11.05
9.39
9.42
-5.41
-113.8
-541.8
-946.29
-61.15
-25.44
4.65
46.71
31.88
-32.93
20.09
4.53
1.06
Operating Margin (%)
23
22
19
19
22
7
5
5
6
3
5
8
11
10
15
16
16
Depreciation Expense
24
15
4
10
-9
-77
-54
18
4
-6
9
79
42
28
22
17
13
Net Income, GAAP
- -
18.28
33.7
23.26
- -
- -
- -
- -
- -
- -
- -
20.01
19.62
24.35
21.96
8.49
3.29
Effective Tax Rate (%)
16.03
9.5
2.32
5.52
-6.38
-395.88
-829.73
912.85
22.17
-20.65
19.82
50.32
29.93
68.25
21.63
19.22
16.09
Profit Margin (%)
-1
26
30
46
27
13
98
97
64
2
6
16
54
66
30
56
34
Working Capital
69
62
59
53
50
61
- -
- -
- -
46
65
54
81
76
- -
- -
- -
LT Debt
227
244
247
270
268
217
157
149
149
139
148
227
269
298
316
333
333
Total Equity
- -
4.63
3.09
3.91
- -
- -
- -
- -
- -
- -
- -
23.51
11.36
-2.81
4.58
1.11
0.26
Return on Invested Capital (%)
- -
7.91
1.84
3.86
- -
- -
- -
- -
- -
- -
- -
35.28
15.45
9.46
8.11
5.43
4.28
Return on Capital (%)
36.5
9.66
1.47
3.8
-3.6
-36.87
-37.24
14.5
3.2
-4.44
7.05
44.86
17.98
10.47
7.47
5.37
4.24
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
64
64
Market Capitalization
290
284
277

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
67
70
51
Cash, Cash Equivalents & STI
53
57
37
Accounts Receivable, Net
13
8
8
Inventories
- -
- -
- -
Total Current Liabilities
13
14
17
Payables & Accruals
12
12
14
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.12%
18.85%
5.42%
Free Cash Flow
-244.06%
-514.16%
-77.74%
Net Income, GAAP
-11.09%
124.45%
-23.93%
Sales/Revenue/Turnover
113.25%
56.83%
-14.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35
17
26
24
101
2025
20
21
27
18
87
2026
16
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.02
0.21
- -
0.42
2025
0.05
0.01
0.17
- -
0.26
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.61
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Maxim Power Corp. (TSX:MXG) is an independent power producer that develops, owns, and operates power generation facilities; sells generating capacity, electricity, and related products; and explores additional development opportunities in Alberta, Canada. The company operates its core 300 MW H.R. Milner Plant (M2), a state-of-the-art combined cycle natural gas-fired power station located in Grande Cache, Alberta; the 6.5 MW Gold Creek Generating Facility near Grande Prairie, Alberta, which utilizes heat recovery; and, through subsidiaries Milner Power Inc., Milner Power II Inc., and Summit Coal Inc., manages coal leases and related power infrastructure. Maxim Power focuses on the utilities sector, serving Alberta's electricity markets with environmentally responsible projects including permitted gas-fired generation and wind power initiatives under development. Founded in 1993 and headquartered in Calgary, Alberta, the company maintains operations exclusively within Alberta, Canada, targeting regional power demand through merchant sales and capacity contracts. Subsidiaries support integrated power and resource activities, with Summit Coal providing coal assets integral to historical operations. In recent developments, Maxim Power entered a purchase and sale agreement on February 18, 2025, to divest its wholly-owned Summit Coal Limited Partnership and Summit Coal Inc. to Valory Resources Inc. for $14.2 million, including $10.2 million cash and $4.0 million in equity or convertible notes, expected to close in the first half of 2025 with net proceeds of $8.0 million and a related ground lease for a coal processing facility at the Milner site. The company amended its senior credit facility on November 7, 2024, increasing combined revolver and letter of credit availability to $25.0 million, releasing $10.1 million in restricted cash, and enhancing operational flexibility. On November 24, 2025, Maxim Power announced a partial settlement of its insurance claim related to a September 2022 non-injury fire at M2's air inlet filter house, yielding $6.5 million in proceeds; it also received Toronto Stock Exchange approval for a normal course issuer bid share repurchase program and released third quarter 2025 financial results.

Company News

APIChatGPT

  • globenewswire.com

    Maxim Power Corp. Announces Annual General Meeting Election Results

  • globenewswire.com

    Maxim Power Corp. Announces 2026 First Quarter Financial and Operating Results