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T

TerraVest Industries TVK.TO · CAD

Energy · Toronto Stock Exchange · 🇨🇦 Canada

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112.05

+5.82%

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

C$1.37bn

FY2016FY2025

Net income

C$86.7m

FY2016FY2025

Free cash flow

C$44.4m

FY2016FY2025

Shareholders' equity

C$722.0m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueC$1.37bnC$911.8mC$678.4mC$576.7mC$307.5mC$304.3mC$306.3mC$269.9mC$192.5mC$178.5m
Gross profitC$318.7mC$263.4mC$166.0mC$124.4mC$80.6mC$72.3mC$70.7mC$61.6mC$43.9mC$39.6m
Research and development—C$1.5mC$411,000C$366,000C$436,000C$447,000C$205,000C$205,000C$238,000C$220,000
Operating incomeC$139.7mC$120.2mC$81.4mC$51.4mC$46.1mC$35.9mC$36.9mC$28.4mC$14.5mC$14.6m
Net incomeC$86.7mC$63.6mC$42.1mC$45.3mC$36.6mC$26.8mC$22.5mC$17.3mC$9.2mC$7.5m
Diluted earnings per share3.913.142.282.502.031.431.180.900.430.35

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsC$2.16bnC$867.8mC$652.9mC$614.5mC$406.3mC$319.6mC$273.6mC$244.2mC$207.5mC$169.0m
Cash and short-term investmentsC$13.9mC$28.4mC$24.8mC$9.4mC$8.4mC$27.5mC$9.4mC$1.4mC$11.5mC$9.6m
Total liabilitiesC$1.40bnC$468.2mC$415.2mC$418.6mC$274.3mC$193.5mC$172.7mC$155.5mC$120.8mC$82.4m
DebtC$990.9mC$302.9mC$269.0mC$275.9mC$190.6mC$140.1mC$120.1mC$104.1mC$75.5mC$51.5m
Shareholders' equityC$722.0mC$367.7mC$217.1mC$183.6mC$132.1mC$125.9mC$100.5mC$88.3mC$86.1mC$85.8m
Shares outstanding22m20m18m18m18m19m19m19m21m21m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsC$111.1mC$156.5mC$79.2mC$29.9mC$23.1mC$64.9mC$31.0mC$7.8mC$13.1mC$28.9m
Capital spending−C$66.7m−C$55.8m−C$33.5m−C$35.6m−C$18.4m−C$10.7m−C$17.0m−C$11.5m−C$9.6m−C$5.0m
Free cash flowC$44.4mC$100.7mC$45.7m−C$5.6mC$4.7mC$54.2mC$13.9m−C$3.8mC$3.5mC$23.9m
Dividends paid−C$13.5m−C$10.6m−C$8.5m−C$7.1m−C$7.3m−C$7.3m−C$6.9m−C$7.3m−C$7.3m−C$7.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueC$460.9mC$442.6mC$408.4mC$419.4mC$405.7mC$311.4mC$234.6mC$230.7m
Gross profitC$99.7mC$90.6mC$102.7mC$83.1mC$105.5mC$90.8mC$70.6mC$65.8m
Operating incomeC$46.1mC$34.2mC$46.4mC$32.2mC$28.7mC$46.6mC$39.0mC$24.8m
Net incomeC$30.9mC$10.0mC$33.2mC$18.5mC$11.3mC$28.2mC$28.7mC$11.9m
Diluted earnings per share1.400.451.500.830.511.271.420.59
Cash from operationsC$30.0mC$58.0mC$96.0mC$12.0mC$27.0mC$34.0mC$36.0mC$29.0m
Capital spending−C$23.0m−C$22.0m−C$22.0m−C$21.0m−C$12.0m−C$17.0m−C$15.0m−C$17.0m
Free cash flowC$7.0mC$36.0mC$74.0m−C$9.0mC$15.0mC$17.0mC$21.0mC$12.0m
Total assetsC$2.36bnC$2.27bnC$2.03bnC$2.16bnC$2.10bnC$1.98bnC$902.7mC$867.8m
Cash and short-term investmentsC$22.0mC$27.0mC$15.9mC$13.9mC$27.1mC$17.2mC$16.4mC$28.4m
DebtC$126.4mC$818.3mC$927.0mC$990.9mC$962.6mC$1.12bnC$293.6mC$302.9m
Shareholders' equityC$763.7mC$758.0mC$744.3mC$722.0mC$698.0mC$422.7mC$398.8mC$367.7m

Financial ratios

Data as of 24 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin23.2%28.9%24.5%21.6%26.2%23.8%—
Operating margin12.5%13.2%12.1%8.9%15.1%11.8%—
Net margin6.3%7.0%6.2%7.8%11.9%8.8%—
Return on equity12.0%17.3%19.4%24.7%27.7%21.3%—
Return on assets4.0%7.3%6.4%7.4%9.0%8.4%—
Free cash flow yield7.5%9.7%5.7%3.4%2.1%3.7%—
Revenue growth50.4%34.4%17.6%87.6%1.1%-0.7%—
Earnings growth36.3%51.1%-7.0%23.6%36.4%19.3%—
Current ratio1.49x2.44x1.90x2.35x2.71x2.85x—
Debt to equity1.07x0.54x1.11x1.35x1.25x0.87x—
Equity ratio33.4%42.4%33.2%29.9%32.5%39.4%—
Interest coverage3.45x4.78x5.15x5.50x10.34x6.85x—
R&D as a share of sales—0.2%0.1%0.1%0.1%0.1%0.1%
Buybacks as a share of market value-9.5%-10.0%-1.9%-0.4%4.0%1.9%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue33.5%35.1%21.5%
Operating income39.5%31.2%18.6%
Net income24.2%26.4%19.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin25.5%24.7%24.7%24.3%
Operating margin11.4%11.1%11.4%11.2%
Net margin6.6%6.7%7.3%7.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings42.035.619.411.013.511.211.011.321.625.3
Price to sales2.72.51.20.91.61.00.80.71.01.1

Dividends and splits

Per share, in the currency the company pays

Paid for 13 years. Last went ex-dividend on 29 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.800.700.750.500.400.400.400.40

Sources and methodology

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

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