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IGM Financial IGM.TO · CAD

Financials · Toronto Stock Exchange · 🇨🇦 Canada

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86.51

+6.29%

Close of 9 Nov 2026, in CAD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CAD, from our data supplier.

FY2025

Revenue, before interest expense

C$3.82bn

FY2016FY2025

Net income

C$1.10bn

FY2016FY2025

Total assets

C$22.40bn

FY2016FY2025

Shareholders' equity

C$8.94bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue, before interest expenseC$3.82bnC$3.49bnC$3.70bnC$3.15bnC$3.59bnC$3.15bnC$3.02bnC$3.10bnC$3.06bnC$2.94bn
Research and development——C$0C$0C$0C$0C$0C$0C$0C$0
Operating incomeC$1.45bnC$1.34bnC$1.41bnC$1.22bnC$1.38bnC$1.11bnC$1.25bnC$1.53bnC$1.50bnC$1.40bn
Net incomeC$1.10bnC$933.5mC$1.15bnC$867.2mC$978.9mC$764.4mC$748.9mC$776.2mC$610.8mC$779.3m
Diluted earnings per share4.643.924.823.654.063.213.143.222.533.24

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsC$22.40bnC$20.68bnC$18.66bnC$18.87bnC$17.66bnC$16.06bnC$15.39bnC$15.61bnC$16.50bnC$15.63bn
Cash and short-term investmentsC$3.69bnC$2.26bnC$1.27bnC$1.68bnC$2.58bnC$1.36bnC$1.02bnC$1.02bnC$966.8mC$611.0m
Total liabilitiesC$13.36bnC$12.81bnC$11.94bnC$12.61bnC$11.16bnC$11.02bnC$10.89bnC$11.01bnC$11.67bnC$10.88bn
DebtC$11.68bnC$11.29bnC$7.26bnC$6.90bnC$7.36bnC$8.46bnC$9.10bnC$9.22bnC$9.77bnC$9.05bn
Shareholders' equityC$8.94bnC$7.80bnC$6.66bnC$6.20bnC$6.45bnC$4.99bnC$4.50bnC$4.60bnC$4.83bnC$4.75bn
Shares outstanding237m238m238m238m241m238m238m241m241m241m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue, before interest expenseC$983.4mC$925.1mC$1.02bnC$980.8mC$914.9mC$905.1mC$926.4mC$879.5m
Operating incomeC$314.0mC$362.3mC$379.7mC$393.2mC$328.3mC$281.3mC$358.3mC$343.5m
Net incomeC$261.5mC$283.8mC$322.4mC$298.1mC$246.7mC$233.8mC$254.8mC$239.2m
Diluted earnings per share1.121.211.361.261.040.991.071.00
Total assetsC$21.78bnC$21.44bnC$22.40bnC$20.89bnC$20.16bnC$20.23bnC$20.68bnC$19.13bn
Cash and short-term investmentsC$1.52bnC$1.15bnC$3.69bnC$3.34bnC$2.44bnC$2.14bnC$2.26bnC$640.1m
DebtC$6.89bnC$6.14bnC$8.32bnC$8.42bnC$8.61bnC$8.83bnC$8.94bnC$8.80bn
Shareholders' equityC$9.29bnC$8.97bnC$8.94bnC$8.89bnC$8.09bnC$7.88bnC$7.80bnC$7.52bn

Financial ratios

Data as of 30 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin37.9%38.3%38.1%38.7%38.5%35.2%——
Net margin28.8%26.7%31.0%27.5%27.3%24.3%——
Return on equity12.3%12.0%17.2%14.0%15.2%15.3%——
Return on assets4.9%4.5%6.2%4.6%5.5%4.8%——
Revenue growth9.4%-5.7%17.6%-12.2%13.9%4.3%——
Earnings growth17.9%-18.7%32.5%-11.4%28.1%2.1%——
Current ratio4.55x3.61x3.46x4.03x3.28x2.62x——
Debt to equity0.81x0.95x1.06x1.28x1.11x1.66x——
Equity ratio39.9%37.7%35.7%32.8%36.5%31.1%——
Interest coverage4.60x10.35x5.30x10.78x12.13x10.04x——
R&D as a share of sales——0.0%0.0%0.0%0.0%0.0%0.0%
Buybacks as a share of market value0.4%0.0%-0.1%1.4%-1.2%-0.1%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue6.7%3.9%2.7%
Operating income5.8%5.4%0.7%
Net income8.3%7.6%3.5%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin38.1%38.2%37.8%41.6%
Net margin27.8%28.6%27.7%26.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings13.311.77.310.411.210.811.99.617.411.8
Price to sales3.83.12.32.93.12.62.92.43.53.1

Dividends and splits

Per share, in the currency the company pays

Paid for 37 years. Last went ex-dividend on 28 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.862.252.662.252.252.252.252.25
  • 2-for-1 split · 9 Jul 1998
  • 2-for-1 split · 16 Dec 1993
  • 2-for-1 split · 9 Jan 1992

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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