32.17
+9.09%
Close of 9 Nov 2026, in CAD
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At a glance
Figures in USD, from our data supplier.
Revenue
$2.20bn
FY2016FY2025
Net income
$578.5m
FY2016FY2025
Free cash flow
$197.9m
FY2016FY2025
Shareholders' equity
$3.23bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.20bn | $2.02bn | $1.69bn | $1.46bn | $1.50bn | $1.09bn | $1.24bn | $1.47bn | $1.36bn | $1.13bn |
| Operating income | $562.1m | $400.3m | $297.2m | $163.5m | $18.3m | −$37.2m | −$306.5m | $298.9m | $352.5m | $150.0m |
| Net income | $578.5m | $76.7m | $66.4m | $70.4m | −$244.4m | −$144.6m | −$343.8m | $85.4m | $139.7m | −$35.2m |
| Diluted earnings per share | 1.45 | 0.19 | 0.19 | 0.27 | -0.93 | -0.55 | -1.32 | 0.33 | 0.53 | -0.15 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $6.21bn | $5.49bn | $5.31bn | $4.33bn | $4.62bn | $4.67bn | $4.46bn | $4.69bn | $4.65bn | $4.46bn |
| Cash and short-term investments | $568.1m | $581.8m | $250.5m | $225.7m | $271.0m | $439.1m | $396.1m | $515.5m | $356.5m | $146.9m |
| Total liabilities | $2.99bn | $2.84bn | $3.11bn | $2.75bn | $3.14bn | $2.97bn | $2.61bn | $2.51bn | $2.50bn | $2.69bn |
| Debt | $1.06bn | $1.20bn | $1.38bn | $1.25bn | $1.26bn | $1.20bn | $1.07bn | $1.06bn | $1.06bn | $1.23bn |
| Shareholders' equity | $3.23bn | $2.55bn | $2.10bn | $1.57bn | $1.48bn | $1.70bn | $1.85bn | $2.18bn | $2.14bn | $1.76bn |
| Shares outstanding | 400m | 394m | 349m | 262m | 262m | 261m | 261m | 261m | 261m | 237m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $672.8m | $666.2m | $476.9m | $487.8m | $383.8m | $239.5m | $310.9m | $479.6m | $539.6m | $475.1m |
| Capital spending | −$474.9m | −$348.9m | −$281.1m | −$309.0m | −$377.4m | −$361.2m | −$259.2m | −$190.9m | −$249.8m | −$192.8m |
| Free cash flow | $197.9m | $317.3m | $195.8m | $178.8m | $6.4m | −$121.7m | $51.7m | $288.7m | $289.8m | $282.3m |
| Dividends paid | −$5.7m | −$5.5m | −$4.5m | −$4.0m | −$4.1m | −$3.8m | −$3.9m | −$4.0m | −$3.7m | −$3.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $650.8m | $743.5m | $732.9m | $346.8m | $536.4m | $594.9m | $584.9m | $485.8m |
| Operating income | $236.1m | $296.9m | $236.7m | $335.2m | $171.7m | $185.7m | $138.1m | $101.9m |
| Net income | $133.9m | $187.3m | $130.0m | $222.4m | $117.7m | $100.4m | $21.2m | $49.8m |
| Diluted earnings per share | 0.33 | 0.47 | 0.32 | 0.56 | 0.29 | 0.25 | 0.05 | 0.13 |
| Cash from operations | $256.0m | $207.0m | $187.0m | $113.0m | $259.0m | $124.0m | $241.0m | $146.0m |
| Capital spending | −$148.0m | −$137.0m | −$145.0m | −$110.0m | −$122.0m | −$93.0m | −$98.0m | −$98.0m |
| Free cash flow | $108.0m | $70.0m | $42.0m | $3.0m | $137.0m | $31.0m | $143.0m | $48.0m |
| Total assets | $8.05bn | $6.90bn | $6.21bn | $5.92bn | $5.63bn | $5.51bn | $5.49bn | $5.51bn |
| Cash and short-term investments | $939.5m | $1.00bn | $568.1m | $611.1m | $625.5m | $582.6m | $581.8m | $483.3m |
| Debt | $887.2m | $1.04bn | $1.16bn | $1.17bn | $1.20bn | $1.24bn | $1.24bn | $1.23bn |
| Shareholders' equity | $4.79bn | $3.54bn | $3.23bn | $3.08bn | $2.86bn | $2.65bn | $2.55bn | $2.54bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2011 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 25.5% | 17.5% | 15.3% | 11.2% | -8.5% | -8.8% | — |
| Net margin | 26.3% | 3.8% | 3.9% | 4.8% | -16.3% | -13.2% | — |
| Return on equity | 17.9% | 3.0% | 3.2% | 4.5% | -16.5% | -8.5% | — |
| Return on assets | 9.3% | 1.4% | 1.2% | 1.6% | -5.3% | -3.1% | — |
| Free cash flow yield | 7.9% | 7.1% | 6.0% | 8.4% | 8.0% | 6.4% | — |
| Revenue growth | 8.9% | 19.6% | 15.6% | -2.7% | 37.5% | -11.7% | — |
| Earnings growth | 654.2% | 15.6% | -5.7% | -128.8% | 69.0% | -57.9% | — |
| Current ratio | 0.95x | 1.95x | 1.25x | 1.17x | 1.29x | 1.68x | — |
| Debt to equity | 0.32x | 0.45x | 0.63x | 0.76x | 0.82x | 0.69x | — |
| Equity ratio | 51.9% | 46.5% | 39.5% | 36.3% | 32.0% | 36.4% | — |
| Interest coverage | 7.49x | 3.48x | 2.21x | 2.42x | -1.71x | -1.12x | — |
| R&D as a share of sales | — | — | — | — | — | — | 5.3% |
| Buybacks as a share of market value | -1.5% | -12.9% | -33.3% | 0.1% | -0.4% | -0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.6% | 15.0% | 9.5% |
| Operating income | 50.9% | — | — |
| Net income | 101.8% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 22.8% | 19.3% | 14.1% | 9.8% |
| Net margin | 15.5% | 10.7% | 4.0% | -0.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 13.8 | 43.7 | 28.0 | 18.6 | -7.2 | -11.8 |
| Price to sales | 3.6 | 1.7 | 1.1 | 0.9 | 1.2 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 16 years. Last went ex-dividend on 8 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.024 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
- 30-to-1 reverse split · 24 Dec 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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