IGM Financial Inc.

IGM Financial Inc.

82.91
CAD
+0.83
(+1.01%)
4.96EPS
15.93P/E
18.33BMarket Cap
Nov 05Next Earn

Total Valuation

CAD

As of June 30, 2026, IGM Financial Inc. carries a market capitalization of 18.33B, placing it among publicly traded companies globally. Its enterprise value stands at 21.81B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap18.33B
Enterprise Value21.81B

Important Dates

IGM Financial Inc.'s next confirmed earnings release is scheduled for November 5, 2026.

Earnings Date11/5/2026

Share Statistics

As of June 30, 2026, IGM Financial Inc. has 231.51M shares outstanding.

Shares Outstanding231.51M

Valuation Ratios

As of June 30, 2026, IGM Financial Inc. trades at a trailing price-to-earnings ratio of 15.93. The price-to-sales ratio is 4.54, and the price-to-book ratio stands at 1.97.

PE Ratio15.93
PS Ratio4.54
PB Ratio1.97
P/TBV Ratio3.42
P/FCF Ratio16.78
P/OCF Ratio15.12

Enterprise Valuation

As of June 30, 2026, IGM Financial Inc. trades at an EV/EBITDA multiple of 16.68 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 5.34 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 16.68 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. IGM Financial Inc. trades at an EV/FCF ratio of 17.95, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 21.81B versus a market cap of 18.33B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales5.34
EV / EBITDA16.68
EV / EBIT16.68
EV / FCF17.95

Financial Position

As of June 30, 2026, IGM Financial Inc. maintains a current ratio of 4.84, meaning it holds 4.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 81.84, indicating elevated leverage, while an interest coverage ratio of 10.00 demonstrates adequate ability to service its debt obligations.

Current Ratio4.84
Quick Ratio3.71
Debt / Equity81.84
Debt / EBITDA5.87
Interest Coverage10.00

Financial Efficiency

CAD

Over the twelve months ended June 30, 2026, IGM Financial Inc. posted a return on equity (ROE) of 13.41, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.17 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 5.56, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.70, useful for judging operating efficiency across full business cycles. The company generates approximately 1.14M in revenue per employee across its workforce of 3,580.75, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)13.41
Return on Assets (ROA)5.56
Return on Invested Capital (ROIC)6.17
Return on Capital Employed (ROCE)7.70
Revenue Per Employee1.14M
Employee Count3,580.75

Taxes

CAD

Over the twelve months ended June 30, 2026, IGM Financial Inc. recorded 343.76M in income tax expense. That works out to an effective tax rate of 22.69, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.52B, leaving 1.17B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax343.76M
Effective Tax Rate22.69

Stock Price Statistics

CAD

As of the close on October 22, 2026, IGM Financial Inc.'s stock has gained approximately 54.94% over the past 52 weeks. The 50-day moving average sits at 85.46, while the 200-day moving average is 76.65.

52-Week Price Change54.94%
50-Day Moving Average85.46
200-Day Moving Average76.65

Income Statement

CAD

Over the twelve months ended June 30, 2026, IGM Financial Inc. generated 4.09B in revenue and converted that into 1.17B in net income, yielding earnings per share of 4.96. EBITDA reached 1.31B, while operating income came in at 1.30B.

Revenue4.09B
Gross Profit2.13B
Operating Income1.30B
Pretax Income1.52B
Net Income1.17B
EBITDA1.31B
EBIT1.31B
Earnings Per Share (EPS)4.96

Balance Sheet

CAD

As of June 30, 2026, IGM Financial Inc. holds 4.28B in cash and equivalents against 7.68B in total debt, resulting in a net debt position of 5.99B. Total book value stands at 9.29B, with working capital of 10.13B providing operational flexibility.

Cash & Cash Equivalents4.28B
Total Debt7.68B
Net Debt5.99B
Equity (Book Value)9.29B
Book Value Per Share40.15
Working Capital10.13B

Cash Flow

CAD

IGM Financial Inc. produced 1.23B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -114.07M in capital expenditures, free cash flow totaled 1.11B - equivalent to 4.75 per share.

Operating Cash Flow1.23B
Capital Expenditures-114.07M
Free Cash Flow1.11B
FCF Per Share4.75

Margins

Over the twelve months ended June 30, 2026, IGM Financial Inc. posted a gross margin of 52.22, reflecting its pricing power and cost economics. The operating margin of 31.77 and net profit margin of 28.53 provide insight into operational efficiency.

Gross Margin52.22
Operating Margin31.77
Pretax Margin37.08
Profit Margin28.53
EBITDA Margin32.02

Dividends & Yields

CAD

Over the twelve months ended June 30, 2026, IGM Financial Inc. paid dividends of 2.32 per share. The dividend payout ratio of 46.14 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 5.96, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 4.59, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to IGM Financial Inc. shareholders.

Dividend Per Share2.32
Payout Ratio46.14
Shareholder Yield4.59
FCF Yield5.96

Stock Splits

IGM Financial Inc.'s most recent stock split took place on July 9, 1998 with a 1:2 split ratio.

Last Split Date7/9/1998
Split Ratio1:2

Scores

As of June 30, 2026, IGM Financial Inc. has an Altman Z-Score of 2.43, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.43