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TMX Group Limited

Financial Services CA X

46.75CAD
-0.3(0.64%)

Last update at 2026-03-10T20:00:00Z

Day Range

46.5447.16
LowHigh

52 Week Range

45.5457.51
LowHigh

Fundamentals

  • Previous Close 47.05
  • Market Cap12837.99M
  • Volume1027175
  • P/E Ratio27.97
  • Dividend Yield1.72%
  • EBITDA907.50M
  • Revenue TTM1652.70M
  • Revenue Per Share TTM5.95
  • Gross Profit TTM 1527.50M
  • Diluted EPS TTM1.65

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax 669.60M 517.40M 670.30M 479.30M 388.80M
Minority interest -45.40000M -32.20000M -39.10000M - -
Net income 481.50M 356.00M 542.70M 338.50M 279.70M
Selling general administrative 652.20M 127.60M 468.40M 84.30M 84.70M
Selling and marketing expenses - - - - -
Gross profit 958.80M 2806.20M 751.00M 662.60M 580.90M
Reconciled depreciation 165.60M 112.50M 113.80M 87.10M 80.30M
Ebit 2289.40M 2267.10M 1456.00M 491.20M 415.90M
Ebitda 2455.00M 2379.60M 1569.80M 657.90M 503.80M
Depreciation and amortization 165.60M 112.50M 113.80M 166.70M 87.90M
Non operating income net other - - - - -
Operating income 642.30M 540.00M 1456.00M 491.20M 415.90M
Other operating expenses 817.80M 2358.30M 592.10M 489.50M 449.20M
Interest expense 1619.80M 1749.70M 785.70M 91.50M 34.70M
Tax provision 142.70M 129.20M 88.50M 140.80M 109.10M
Interest income 33.40M 1725.50M 145.80M 55.50M 26.90M
Net interest income -85.50000M -24.10000M -30.80000M -36.10000M -32.80000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 142.70M 129.20M 88.50M 140.80M 109.10M
Total revenue 1460.10M 2898.30M 1116.60M 980.70M 865.10M
Total operating expenses 316.50M 2266.20M 226.50M 171.40M 165.00M
Cost of revenue 501.30M 92.10M 365.60M 318.10M 284.20M
Total other income expense net 27.30M -22.60000M -785.70000M -11.90000M -27.10000M
Discontinued operations - - - - -
Net income from continuing ops 526.90M 388.20M 581.80M 338.50M 279.70M
Net income applicable to common shares 481.50M 356.00M 542.70M 338.50M 279.70M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 40209.90M 64337.40M 55983.10M 63199.40M 36098.60M
Intangible assets 4677.50M 3722.70M 3748.90M 3461.10M 3394.00M
Earning assets - - - - -
Other current assets 31666.90M 57498.80M 49340.80M 57113.50M 30270.40M
Total liab 35387.80M 60015.70M 51775.70M 59493.30M 32487.10M
Total stockholder equity 4577.40M 4107.60M 3987.20M 3706.10M 3611.50M
Deferred long term liab - - - - -
Other current liab 31676.40M 57845.10M 49650.40M 57413.50M 30539.10M
Common stock - 2769.10M 2831.10M 2875.80M 2943.60M
Capital stock 2795.70M 2769.10M 2831.10M 2875.80M 2943.60M
Retained earnings 1622.80M 1340.10M 1178.30M 817.10M 636.20M
Other liab - - 927.90M 888.90M 872.30M
Good will 2637.70M 1776.80M 1768.70M 1695.80M 1653.70M
Other assets - - 47.10M 47.80M 34.10M
Cash 325.00M 301.10M 375.70M 264.30M 222.10M
Cash and equivalents - - 1.30M 2.60M 3.10M
Total current liabilities 32456.10M 58564.70M 50012.40M 57519.00M 30781.10M
Current deferred revenue - 23.40M 20.50M 26.00M 18.00M
Net debt 1744.00M 849.70M 734.10M 832.40M 784.00M
Short term debt - 617.20M 274.40M 11.30M 172.40M
Short long term debt 225.50M 606.60M 264.00M 2.00M 164.30M
Short long term debt total - 1150.80M 1109.80M 1096.70M 1006.10M
Other stockholder equity - -1329.00000M 10.90M 11.80M 11.10M
Property plant equipment - - 140.40M 148.60M 150.00M
Total current assets 32648.80M 58388.40M 50262.50M 57800.30M 30839.50M
Long term investments 18.70M 262.50M 15.50M 45.80M 27.30M
Net tangible assets - - -1530.40000M -1450.80000M -1436.20000M
Short term investments 108.40M 118.50M 117.40M 77.30M 55.80M
Net receivables 158.40M 202.90M 167.90M 134.60M 112.80M
Long term debt 1843.50M 448.50M 747.80M 997.10M 747.50M
Inventory - 267.10M 260.70M 210.60M 178.40M
Accounts payable 80.50M 79.00M 67.10M 68.20M 51.60M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - -12.70000M -33.10000M 1.40M 20.60M
Additional paid in capital - - - - -
Common stock total equity - - - - 2943.60M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 7.80M 32.30M 23.50M 23.10M 11.60M
Deferred long term asset charges - - - - -
Non current assets total 7561.10M 5949.00M 5720.60M 5399.10M 5259.10M
Capital lease obligations 104.70M 95.70M 98.00M 97.60M 94.30M
Long term debt total - - 835.40M 1085.40M 833.70M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -1170.60000M -289.30000M -41.40000M -21.50000M -34.80000M
Change to liabilities - - -65.20000M 12.40M 18.80M
Total cashflows from investing activities -1170.60000M -289.30000M -41.40000M -203.90000M -34.80000M
Net borrowings 868.90M 32.00M 2.40M 79.30M -91.80000M
Total cash from financing activities 562.60M -309.20000M -292.90000M -194.80000M -303.10000M
Change to operating activities - - 9.70M -16.80000M -5.10000M
Net income 481.50M 517.40M 670.30M 479.30M 388.80M
Change in cash 23.90M -74.60000M 111.40M 42.20M 73.10M
Begin period cash flow 301.10M 375.70M 264.30M 222.10M 149.00M
End period cash flow 325.00M 301.10M 375.70M 264.30M 222.10M
Total cash from operating activities 623.40M 524.90M 444.10M 441.40M 410.90M
Issuance of capital stock - - - - -
Depreciation 165.60M 112.50M 113.80M 87.10M 80.30M
Other cashflows from investing activities 30.60M 20.80M 10.50M 7.20M 7.70M
Dividends paid -208.10000M -196.90000M 185.10M 168.90M 153.60M
Change to inventory - -8.70000M - - -
Change to account receivables -41.40000M -41.80000M -4.30000M -19.70000M -4.00000M
Sale purchase of stock 24.20M -79.90000M -74.30000M -84.40000M -56.80000M
Other cashflows from financing activities -122.40000M -64.40000M -23.80000M 66.90M -84.40000M
Change to netincome - - -152.60000M 39.90M 41.20M
Capital expenditures 73.70M 65.20M 51.90M 51.20M 67.10M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -45.30000M 1.80M -59.80000M -24.10000M 9.70M
Stock based compensation 2.00M 2.00M 2.10M 2.20M 2.60M
Other non cash items 19.60M -108.80000M -282.30000M -103.10000M -70.50000M
Free cash flow 549.70M 459.70M 392.20M 390.20M 343.80M

Peer Comparison

Sector: Financial Services Industry: Financial Data & Stock Exchanges

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
X
TMX Group Limited
-0.3 0.64% 46.75 27.97 21.01 7.77 2.76 8.87 6.71
SPGI
S&P Global CDR (CAD Hedged)
-0.43 2.02% 20.82 - - - -

Reports Covered

Stock Research & News

Profile

TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates in four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment delivers equities and index data, as well as integrated data sets for the proprietary and third party analytics to help clients in making trading and investment decisions; and provides solutions to European and global wholesale energy markets for price discovery, trade execution, post-trade transparency, and straight through processing. The Capital Formation segment operates Toronto Stock Exchange, a national stock exchange for the senior equities market; TSX Venture Exchange, a national stock exchange for the public venture equity market; TSX Trust that provides corporate trust, registrar, transfer agency, and foreign exchange services; and Newsfile, a news dissemination and regulatory filing provider. The Derivatives Trading & Clearing segment operates Montreal Exchange, a national derivatives exchange; Canadian Derivatives Clearing Corporation, a clearinghouse for options and futures contracts; BOX, a US equity operations market; and various over-the-counter products and fixed income repurchase agreements. The Equities and Fixed Income Trading & Clearing segment engages in the trading operations of Toronto Stock Exchange, TSX Venture Exchange, and TSX Alpha Exchange; CDS Clearing, an automated facility for the clearing and settlement of equities and fixed income transactions, and custody of securities; and provision of fixed income inter-dealer brokerage services. The company was formerly known as Maple Group Acquisition Corporation and changed its name to TMX Group Limited in August 2012. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada.

TMX Group Limited

100 Adelaide Street West, Toronto, ON, Canada, M5H 1S3

Key Executives

Name Title Year Born
Mr. John D. McKenzie B.B.A., C.M.A., CPA, M.B.A. CEO & Director 1973
Mr. David Arnold Chief Financial Officer NA
Mr. Jayakumar Rajarathinam Chief Operating Officer NA
Ms. Cheryl Graden Chief Legal and Enterprise Corp. Affairs Officer & Corp. Sec. NA
Mr. Luc Fortin Pres, CEO of the Montréal Exchange (MX) & Global Head of Trading NA
Mr. Paul Malcolmson VP of Enterprise Sustainability & Investor Relations NA
Shane Quinn Head of Communications & Public Affairs NA
Sanjay Kulkarni Chief Marketing Officer & Head of Digital Solutions NA
Ms. Cindy Bush Chief HR Officer NA
Mr. Loui Anastasopoulos CEO of Toronto Stock Exchange & Global Head of Capital Formation NA

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