Martinrea International MRE.TO · CAD
Consumer Discretionary · Toronto Stock Exchange · 🇨🇦 Canada
9.49
-0.21%
Close of 9 Nov 2026, in CAD
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At a glance
Figures in CAD, from our data supplier.
Revenue
C$4.82bn
FY2016FY2025
Net income
C$107.0m
FY2016FY2025
Free cash flow
C$183.6m
FY2016FY2025
Shareholders' equity
C$1.51bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$4.82bn | C$5.01bn | C$5.34bn | C$4.76bn | C$3.78bn | C$3.38bn | C$3.86bn | C$3.66bn | C$3.69bn | C$3.97bn |
| Gross profit | C$623.7m | C$648.6m | C$675.4m | C$559.3m | C$345.6m | C$415.1m | C$586.1m | C$556.2m | C$484.6m | C$432.1m |
| Research and development | C$33.6m | C$42.2m | C$27.7m | C$36.9m | C$32.6m | C$28.9m | C$38.0m | C$26.6m | C$26.6m | C$24.9m |
| Operating income | C$269.6m | C$127.6m | C$269.1m | C$217.8m | C$62.9m | C$120.2m | C$265.8m | C$276.5m | C$246.6m | C$159.4m |
| Net income | C$107.0m | −C$34.5m | C$153.7m | C$132.8m | C$35.9m | −C$27.3m | C$181.2m | C$185.9m | C$159.5m | C$92.4m |
| Diluted earnings per share | 1.50 | -0.47 | 1.97 | 1.65 | 0.45 | -0.34 | 2.26 | 2.22 | 1.83 | 1.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$3.74bn | C$3.82bn | C$3.99bn | C$4.14bn | C$3.61bn | C$3.37bn | C$3.09bn | C$2.91bn | C$2.54bn | C$2.47bn |
| Cash and short-term investments | C$174.1m | C$168.0m | C$186.8m | C$161.7m | C$153.3m | C$152.8m | C$119.0m | C$70.2m | C$71.2m | C$59.2m |
| Total liabilities | C$2.23bn | C$2.35bn | C$2.52bn | C$2.77bn | C$2.44bn | C$2.19bn | C$1.88bn | C$1.76bn | C$1.58bn | C$1.64bn |
| Debt | C$1.12bn | C$1.22bn | C$1.23bn | C$1.34bn | C$1.25bn | C$1.05bn | C$983.9m | C$740.7m | C$654.0m | C$721.4m |
| Shareholders' equity | C$1.51bn | C$1.47bn | C$1.47bn | C$1.38bn | C$1.17bn | C$1.18bn | C$1.22bn | C$1.15bn | C$958.5m | C$830.2m |
| Shares outstanding | 71m | 73m | 78m | 80m | 80m | 81m | 80m | 84m | 87m | 87m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$430.5m | C$433.3m | C$511.1m | C$437.8m | C$180.0m | C$355.0m | C$401.5m | C$296.7m | C$302.9m | C$259.7m |
| Capital spending | −C$246.9m | −C$282.7m | −C$303.5m | −C$383.8m | −C$298.8m | −C$300.9m | −C$294.8m | −C$323.2m | −C$273.8m | −C$239.5m |
| Free cash flow | C$183.6m | C$150.5m | C$207.6m | C$54.0m | −C$118.7m | C$54.1m | C$106.8m | −C$26.5m | C$29.1m | C$20.2m |
| Dividends paid | −C$14.6m | −C$15.2m | −C$16.0m | −C$16.1m | −C$16.1m | −C$15.6m | −C$14.9m | −C$13.0m | −C$10.4m | −C$10.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$1.20bn | C$1.13bn | C$1.19bn | C$1.19bn | C$1.28bn | C$1.17bn | C$1.15bn | C$1.24bn |
| Gross profit | C$169.0m | C$149.2m | C$135.2m | C$170.0m | C$184.5m | C$151.6m | C$129.0m | C$163.3m |
| Operating income | C$70.7m | C$61.6m | C$56.3m | C$62.5m | C$72.3m | C$45.1m | −C$90.4m | C$65.9m |
| Net income | C$43.1m | C$27.9m | C$15.7m | C$35.8m | C$38.1m | C$17.5m | −C$133.3m | C$14.2m |
| Diluted earnings per share | 0.61 | 0.40 | 0.22 | 0.50 | 0.54 | 0.25 | -1.82 | 0.19 |
| Cash from operations | C$120.0m | −C$3.0m | C$162.0m | C$107.0m | C$132.0m | C$28.0m | C$154.0m | C$131.0m |
| Capital spending | −C$67.0m | −C$44.0m | −C$60.0m | −C$56.0m | −C$64.0m | −C$63.0m | −C$86.0m | −C$82.0m |
| Free cash flow | C$53.0m | −C$47.0m | C$102.0m | C$51.0m | C$68.0m | −C$35.0m | C$68.0m | C$49.0m |
| Total assets | C$4.00bn | C$3.89bn | C$3.74bn | C$3.93bn | C$3.84bn | C$3.90bn | C$3.82bn | C$4.10bn |
| Cash and short-term investments | C$109.6m | C$129.6m | C$174.1m | C$143.0m | C$160.0m | C$148.5m | C$168.0m | C$177.3m |
| Debt | C$971.0m | C$1.01bn | C$1.18bn | C$1.15bn | C$1.18bn | C$1.26bn | C$1.22bn | C$1.24bn |
| Shareholders' equity | C$1.61bn | C$1.55bn | C$1.51bn | C$1.54bn | C$1.47bn | C$1.48bn | C$1.47bn | C$1.55bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.4% | 7.4% | 2.2% |
| Operating income | 7.4% | 17.5% | 5.2% |
| Net income | -7.0% | — | -0.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 12.9% | 12.6% | 12.1% | 12.4% |
| Operating margin | 4.0% | 4.4% | 3.9% | 4.7% |
| Net margin | 0.7% | 1.8% | 1.4% | 2.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.9 | -19.1 | 7.3 | 6.8 | 25.8 | -43.8 | 6.3 | 4.9 | 8.8 | 8.1 |
| Price to sales | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 13 years. Last went ex-dividend on 29 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.15 | 0.20 | 0.25 | 0.20 | 0.20 | 0.20 | 0.20 | 0.18 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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