P 
92.50
+1.25%
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.
Net income
C$2.63bn
FY2016FY2025
Total assets
C$925.74bn
FY2016FY2025
Shareholders' equity
C$24.43bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income | C$15.36bn | C$5.53bn | C$6.97bn | C$5.00bn | C$5.89bn | C$4.17bn | C$4.14bn | C$4.80bn | C$4.05bn | C$4.30bn |
| Net income | C$2.63bn | C$2.79bn | C$2.25bn | C$2.25bn | C$2.97bn | C$2.05bn | C$1.16bn | C$1.34bn | C$1.34bn | C$1.13bn |
| Diluted earnings per share | 4.06 | 4.29 | 3.44 | 3.37 | 4.36 | 3.02 | 2.07 | 2.87 | 2.87 | 2.44 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$925.74bn | C$851.36bn | C$749.48bn | C$733.65bn | C$661.63bn | C$629.10bn | C$477.25bn | C$452.30bn | C$445.52bn | C$422.90bn |
| Cash and short-term investments | C$34.13bn | C$27.69bn | C$21.88bn | C$22.25bn | C$8.16bn | C$9.48bn | C$6.80bn | C$6.44bn | C$5.90bn | C$5.18bn |
| Total liabilities | C$880.69bn | C$807.37bn | C$708.21bn | C$689.55bn | C$617.90bn | C$590.37bn | C$440.67bn | C$414.26bn | C$408.70bn | C$387.84bn |
| Debt | C$25.88bn | C$22.80bn | C$20.94bn | C$19.98bn | C$19.53bn | C$21.54bn | C$18.25bn | C$17.80bn | C$17.54bn | C$16.75bn |
| Shareholders' equity | C$24.43bn | C$23.88bn | C$22.14bn | C$24.02bn | C$24.34bn | C$22.21bn | C$14.17bn | C$15.12bn | C$14.62bn | C$13.86bn |
| Shares outstanding | 646m | 651m | 653m | 667m | 681m | 678m | 561m | 466m | 466m | 465m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | C$1.39bn | C$1.76bn | C$11.24bn | C$1.50bn | C$1.30bn | C$1.32bn | −C$6.42bn | C$892.0m |
| Net income | C$709.0m | C$840.0m | C$424.0m | C$716.0m | C$785.0m | C$702.0m | C$897.0m | C$384.0m |
| Diluted earnings per share | 1.12 | 1.32 | 0.66 | 1.11 | 1.21 | 1.09 | 1.38 | 0.59 |
| Total assets | C$1.02trn | C$930.28bn | C$925.74bn | C$916.88bn | C$867.84bn | C$854.84bn | C$851.36bn | C$822.54bn |
| Cash and short-term investments | C$32.03bn | C$31.71bn | C$34.13bn | C$31.46bn | C$28.55bn | C$28.63bn | C$27.69bn | C$24.91bn |
| Debt | C$21.98bn | C$21.25bn | C$25.76bn | C$25.05bn | C$25.48bn | C$25.64bn | C$25.98bn | C$23.66bn |
| Shareholders' equity | C$25.11bn | C$24.43bn | C$24.43bn | C$24.65bn | C$23.99bn | C$24.15bn | C$23.88bn | C$22.93bn |
Financial ratios
Data as of 19 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 16.8% | 15.0% | -87.5% | 8.5% | 6.4% | 8.5% |
| Net margin | 7.0% | 8.5% | 4.8% | -39.3% | 4.3% | 3.2% | — |
| Return on equity | 10.8% | 11.7% | 10.1% | 9.4% | 12.2% | 9.2% | — |
| Return on assets | 0.3% | 0.3% | 0.3% | 0.3% | 0.4% | 0.3% | — |
| Revenue growth | 14.2% | -29.0% | -912.5% | -108.2% | 7.7% | 32.3% | — |
| Earnings growth | -6.0% | 24.4% | 0.0% | -24.3% | 45.1% | 76.4% | — |
| Current ratio | 1.44x | 1.35x | 9.37x | 7.00x | 3.70x | 2.88x | — |
| Debt to equity | 1.03x | 0.92x | 0.91x | 0.84x | 0.56x | 0.65x | — |
| Equity ratio | 2.6% | 2.8% | 3.0% | 3.3% | 3.7% | 3.5% | — |
| Interest coverage | — | 7.04x | 9.10x | 7.75x | 10.23x | 7.89x | 7.87x |
| Buybacks as a share of market value | 0.8% | 0.3% | 2.1% | 2.1% | -0.4% | -20.9% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | — | -10.2% | -0.2% |
| Operating income | 45.4% | 29.8% | 12.4% |
| Net income | 5.3% | 5.1% | 3.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 29.6% | 29.5% | 17.5% | 13.5% |
| Net margin | 7.7% | 8.9% | 6.1% | 4.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 17.9 | 10.4 | 11.0 | 9.5 | 9.6 | 9.7 | 16.2 | 8.5 | 11.3 | 12.3 |
| Price to sales | 1.3 | 0.9 | 0.5 | -3.7 | 0.4 | 0.3 | 0.4 | 0.2 | 0.3 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 29 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 2.004 | 2.45 | 2.25 | 2.10 | 1.98 | 1.838 | 1.79 | 2.002 |
- 2-for-1 split · 21 Jul 2004
- 2-for-1 split · 7 Jul 1998
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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