IGM Financial Inc.

IGM Financial Inc.

IGM · TO · Financial Services / Asset Management

89.34CAD+1.24 (+1.41%)

Price History

Full chart

Market Stats

Previous Close88.10
Open88.25
Day Range88.16 – 89.98
52-Week Range49.28 – 91.34
Volume475.07K
Market Cap19.42B
P/E (TTM)17.02
Forward P/E14.16
EPS4.94
Dividend Yield2.95%
Beta1.11
50-Day Avg86.74
200-Day Avg75.39

About

IGM Financial Inc. engages in the wealth and asset management business in Canada. The company provides investment management services to a suite of investment funds distributed through third party dealers and financial advisors; and administrative services. It also offers insurance and banking products and services. The company was incorporated in 1978 and is based in Winnipeg, Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Damon Murchison M.B.A.
  • Employees0
  • Headquarters447 Portage Avenue, Winnipeg, MB, Canada, R3B 3H5, Canada
  • Websitehttps://www.igmfinancial.com

Leadership

  • Mr. Damon Murchison M.B.A.President, CEO, President & CEO of IG Wealth Management and Director
  • Mr. Keith David Bernard PotterExecutive VP & CFO
  • Ms. Rhonda Suzanne GoldbergExecutive VP & General Counsel
  • Mr. Luke Gould C.F.A.President & CEO of Mackenzie Investments
  • Ms. Nancy Elizabeth McCuaigExecutive VP & COO
  • Mr. Sam BurnsExecutive VP & Chief Information Officer
  • Mr. Douglas Gordon McIntosh MilneExecutive VP & Chief Marketing Officer
  • Ms. Cynthia CurrieExecutive VP & Chief Human Resources Officer
  • Ms. Kristin Elizabeth AshcroftExecutive VP & Head of Product and Solutions
  • Herpreet LambaSenior Vice President Financial Services

Financials

Income Statement

Currency: CAD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue505.80M543.20M579.30M687.20M851.70M975.00M1.05B1.20B1.76B1.94B1.89B2.12B2.35B2.60B2.90B2.67B2.33B2.61B2.65B2.51B2.60B2.83B2.92B2.94B3.06B3.10B3.02B3.15B3.59B3.15B3.70B3.49B3.82B
Growth (%)-+7.39%+6.65%+18.63%+23.94%+14.48%+7.53%+14.18%+47.07%+10.19%-2.63%+12.18%+10.78%+10.95%+11.15%-7.84%-12.76%+12.07%+1.70%-5.57%+3.63%+9.04%+3.04%+0.81%+4.01%+1.33%-2.54%+4.31%+13.87%-12.22%+17.56%-5.68%+9.42%
Cost of Revenue121.10M95.90M90.90M73.70M54.80M45.50M33.70M2.84M73.19M79.51M85.38M74.89M90.42M88.42M88.33M90.60M125.31M111.37M894.86M858.25M886.12M992.67M1.06B1.09B1.14B1.10B971.82M1.63B1.85B1.62B2.27B1.79B1.94B
Gross Profit384.70M447.30M488.40M613.50M796.90M929.50M1.01B1.19B1.69B1.86B1.80B2.04B2.26B2.52B2.81B2.58B2.20B2.50B1.76B1.65B1.71B1.84B1.85B1.85B1.92B2.00B2.05B1.52B1.74B1.53B1.43B1.70B2.43B
Gross Margin76.06%82.35%84.31%89.28%93.57%95.33%96.79%99.76%95.84%95.90%95.48%96.47%96.15%96.61%96.95%96.60%94.62%95.73%66.27%65.74%65.87%64.93%63.59%62.93%62.64%64.55%67.83%48.36%48.57%48.66%38.72%48.73%63.62%
Operating Expense290.10M327.10M339.70M434.70M547.50M605.40M600.60M687.82M1.16B1.03B944.64M1.16B1.28B1.41B1.57B1.55B1.42B1.49B376.64M404.31M432.36M547.32M503.97M538.64M526.72M594.00M904.99M523.75M557.23M522.81M22.90M575.45M984.30M
Operating Income94.60M120.20M148.70M178.80M249.40M324.10M414.10M506.44M525.35M827.35M858.98M882.07M973.93M1.11B1.23B1.02B779.72M1.01B1.38B1.24B1.28B1.29B1.35B1.31B1.39B1.41B1.14B1.00B1.19B1.01B1.41B1.13B1.45B
Operating Margin18.70%22.13%25.67%26.02%29.28%33.24%39.50%42.31%29.84%42.65%45.47%41.63%41.49%42.54%42.62%38.36%33.50%38.63%52.07%49.60%49.21%45.60%46.31%44.61%45.42%45.38%37.87%31.74%33.04%32.06%38.10%32.25%37.86%
EBITDA242.30M249.50M274.90M264.00M318.90M379.60M458.20M520.78M697.62M1.14B1.17B1.21B1.35B1.52B1.68B1.15B939.02M1.15B1.23B1.08B1.11B1.09B1.12B1.08B954.58M1.16B1.22B1.16B1.48B1.31B1.36B1.43B1.85B
EBITDA Margin47.90%45.93%47.45%38.42%37.44%38.93%43.70%43.50%39.62%58.64%61.71%56.94%57.38%58.23%58.03%42.94%40.34%44.14%46.48%43.27%42.59%38.55%38.47%36.80%31.21%37.53%40.50%36.80%41.29%41.52%36.69%41.00%48.50%
Net Income70.30M84.60M97.70M117.50M147.50M188.30M235.60M284.02M272.99M511.76M559.78M617.10M682.43M776.69M879.13M730.80M559.09M740.80M909.45M767.66M770.75M762.10M780.54M779.30M610.76M776.17M748.95M764.41M978.95M867.24M1.15B933.51M1.10B
Net Income Margin13.90%15.57%16.87%17.10%17.32%19.31%22.47%23.73%15.51%26.38%29.63%29.12%29.07%29.82%30.37%27.39%24.02%28.40%34.28%30.64%29.69%26.92%26.76%26.50%19.97%25.04%24.80%24.26%27.29%27.54%31.03%26.73%28.81%
R&D-----------------------0.280.210.250.290.270.320.280.27--
R&D as % of Total Revenue-----------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense121.10M95.90M90.90M73.70M54.80M45.50M33.70M2.84M73.19M79.51M85.38M74.89M90.42M88.42M88.33M90.60M125.31M111.37M102.81M92.19M92.15M92.15M92.11M92.20M114.16M120.86M108.39M110.60M113.94M113.17M266.03M129.38M314.27M
Interest Expense % of Total Revenue23.94%17.65%15.69%10.72%6.43%4.67%3.21%0.24%4.16%4.10%4.52%3.53%3.85%3.39%3.05%3.40%5.38%4.27%3.88%3.68%3.55%3.26%3.16%3.14%3.73%3.90%3.59%3.51%3.18%3.59%7.19%3.71%8.23%

Balance Sheet

Currency: CAD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.95B1.87B1.90B1.96B1.77B1.80B1.81B1.99B6.12B5.99B6.29B6.47B6.81B7.33B7.86B8.26B8.65B12.24B11.13B11.96B12.88B14.42B14.83B15.63B16.50B15.61B15.39B16.06B17.66B18.87B18.66B20.68B22.40B
Total Liabilities1.46B1.33B1.31B1.29B1.02B948.00M845.10M888.93M3.43B3.04B3.07B2.97B3.00B3.15B3.34B4.11B4.22B7.92B6.64B7.52B8.17B9.70B9.98B10.88B11.67B11.01B10.89B11.02B11.16B12.61B11.94B12.81B13.36B
Total Equity487.80M539.60M598.20M664.00M747.20M850.90M966.90M1.10B2.68B2.95B3.22B3.51B3.81B4.18B4.52B4.15B4.42B4.32B4.49B4.44B4.71B4.72B4.85B4.75B4.83B4.60B4.50B4.99B6.45B6.20B6.66B7.80B8.94B
Cash180.90M239.20M269.40M433.90M320.70M569.60M527.50M716.20M854.27M771.52M969.32M864.99M1.07B1.33B1.18B1.23B945.08M1.57B1.05B1.06B1.08B1.22B983.02M611.03M966.84M650.23M720.00M771.59M1.29B1.07B544.63M910.28M1.27B
Total Debt247.80M145.10M142.70M141.00M264.20M262.40M171.20M168.44M1.36B1.39B1.40B1.23B1.23B1.20B1.30B1.30B1.57B2.41B1.32B6.25B6.90B10.14B10.84B11.78B12.90B11.13B10.61B9.79B8.60B8.11B7.26B7.59B7.38B
Net Debt66.90M-94.10M-126.70M-292.90M-56.50M-307.20M-356.30M-547.77M507.99M614.84M434.26M361.81M156.95M-125.47M119.56M67.80M629.92M836.68M272.58M5.19B5.81B8.93B7.43B8.43B8.80B8.57B8.38B7.69B6.06B5.83B6.71B6.68B6.11B

Cash Flow

Currency: CAD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-115.90M107.10M125.50M119.30M214.80M188.40M261.30M313.24M380.55M356.49M442.14M484.57M604.08M687.70M772.81M594.57M699.52M863.23M776.59M709.56M715.26M740.94M710.40M736.65M672.10M785.15M712.07M736.63M943.59M737.67M837.28M1.15B1.03B
Investing Cash Flow234.90M140.60M-3.70M142.50M106.30M259.20M-21.90M103.24M-2.41B224.01M-14.36M-19.35M-25.59M-97.53M-589.17M-321.95M-749.71M301.56M228.77M-838.74M-808.46M-1.23B-434.32M-1.03B-501.25M30.03M426.63M673.38M1.10B134.71M-1.16B-473.77M301.00M
Financing Cash Flow-27.40M-189.40M-91.50M-97.30M-434.30M-198.60M-281.50M-227.80M2.17B-663.25M-229.99M-569.54M-375.42M-332.77M-328.82M-220.73M-236.91M-536.24M-1.24B135.85M116.54M624.97M-508.39M-74.95M184.97M-1.13B-1.07B-1.36B-1.52B-1.09B-203.77M-313.42M-972.05M
Capital Expenditure5.70M6.10M6.30M11.80M9.90M14.90M22.10M14.71M29.81M13.36M13.21M13.68M11.21M163.82M19.59M39.22M8.79M15.20M29.38M45.61M53.00M56.73M112.94M106.81M66.08M56.27M82.93M107.80M85.92M144.78M153.78M118.65M119.99M
Free Cash Flow-121.60M101.00M119.20M107.50M204.90M173.50M239.20M298.53M350.74M343.13M428.94M470.89M592.87M523.89M753.22M555.35M690.73M848.03M747.22M663.95M662.26M684.21M597.46M629.84M606.02M728.89M629.13M628.83M857.67M592.89M683.50M1.03B915.00M
Dividends Paid24.80M31.70M37.00M48.60M59.20M76.10M98.10M121.84M179.63M238.01M274.02M312.82M341.32M392.46M453.30M513.21M539.52M545.45M545.00M557.80M550.73M551.10M569.00M553.30M550.13M550.61M543.47M536.19M537.03M537.20M535.44M534.03M532.92M
FCF to OCF104.92%94.30%94.98%90.11%95.39%92.09%91.54%95.30%92.17%96.25%97.01%97.18%98.14%76.18%97.46%93.40%98.74%98.24%96.22%93.57%92.59%92.34%84.10%85.50%90.17%92.83%88.35%85.37%90.89%80.37%81.63%89.71%88.41%
Dividend Paid to FCF-20.39%31.39%31.04%45.21%28.89%43.86%41.01%40.81%51.22%69.37%63.88%66.43%57.57%74.91%60.18%92.41%78.11%64.32%72.94%84.01%83.16%80.55%95.24%87.85%90.78%75.54%86.38%85.27%62.61%90.61%78.34%51.64%58.24%

Earnings

Report DateApr 25, 1996Jul 24, 1996Oct 31, 1996Jan 30, 1997Apr 25, 1997Jul 25, 1997Oct 30, 1997Jan 30, 1998Apr 24, 1998Jul 24, 1998Oct 29, 1998Jan 29, 1999Apr 23, 1999Jul 20, 1999Oct 29, 1999Feb 4, 2000Apr 28, 2000Jul 27, 2000Oct 27, 2000Feb 1, 2001Apr 26, 2001Jul 31, 2001Nov 1, 2001Jan 31, 2002Apr 26, 2002Jul 31, 2002Nov 1, 2002Jan 31, 2003Apr 28, 2003Jul 31, 2003Oct 30, 2003Jan 30, 2004Apr 30, 2004Jul 29, 2004Oct 29, 2004Feb 18, 2005May 6, 2005Aug 5, 2005Nov 3, 2005Feb 17, 2006May 5, 2006Aug 2, 2006Nov 2, 2006Feb 15, 2007May 4, 2007Aug 1, 2007Oct 31, 2007Feb 14, 2008May 2, 2008Jul 30, 2008Oct 30, 2008Feb 13, 2009May 1, 2009Jul 29, 2009Oct 29, 2009Feb 12, 2010May 7, 2010Aug 5, 2010Nov 11, 2010Feb 11, 2011May 6, 2011Aug 4, 2011Nov 10, 2011Feb 10, 2012May 4, 2012Aug 2, 2012Nov 8, 2012Feb 8, 2013May 3, 2013Aug 1, 2013Nov 7, 2013Feb 14, 2014May 9, 2014Aug 7, 2014Nov 6, 2014Feb 13, 2015May 8, 2015Aug 6, 2015Nov 5, 2015Feb 12, 2016May 6, 2016Aug 4, 2016Nov 3, 2016Feb 10, 2017May 5, 2017Aug 3, 2017Nov 2, 2017Feb 9, 2018May 4, 2018Aug 2, 2018Nov 2, 2018Feb 8, 2019May 3, 2019Aug 1, 2019Nov 1, 2019Feb 14, 2020May 8, 2020Aug 6, 2020Nov 5, 2020Feb 11, 2021May 6, 2021Aug 4, 2021Nov 4, 2021Feb 10, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 9, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 15, 2024May 2, 2024Aug 7, 2024Nov 7, 2024Feb 6, 2025May 8, 2025Aug 6, 2025Nov 6, 2025Feb 12, 2026May 7, 2026Jul 29, 2026Nov 5, 2026
EPS Estimate0.120.120.140.170.150.160.180.190.190.220.220.240.230.280.300.310.250.330.350.370.310.360.370.410.420.450.430.450.460.470.510.530.560.580.600.600.630.640.660.670.690.710.710.740.780.810.820.810.800.800.790.680.500.550.620.660.680.670.650.710.750.810.790.760.770.760.700.730.730.760.790.810.800.820.870.840.800.830.790.790.730.720.770.800.780.770.800.820.770.820.840.780.740.800.830.840.710.740.850.910.880.961.061.080.960.860.850.860.870.820.870.890.890.931.001.051.030.991.171.201.191.291.47
EPS Actual0.120.140.150.150.140.180.190.200.180.230.240.250.220.290.300.310.260.350.370.380.300.400.420.430.440.490.470.450.450.490.530.540.560.570.580.610.600.630.660.660.690.750.720.750.790.810.820.820.790.810.750.530.510.550.630.670.680.680.680.760.810.840.820.760.780.700.730.730.720.760.770.790.770.810.870.830.800.800.810.810.690.720.820.830.740.770.720.790.770.850.920.750.700.810.850.840.680.770.900.860.850.991.131.080.910.870.910.940.870.860.880.840.940.931.031.051.001.071.271.271.211.41-
Surprise0.00%16.67%7.14%-11.76%-6.67%12.50%5.56%5.26%-5.26%4.55%9.09%4.17%-4.35%3.57%0.00%0.00%4.00%6.06%5.71%2.70%-3.23%11.11%13.51%4.88%4.76%8.89%9.30%0.00%-2.17%4.26%3.92%1.89%0.00%-1.72%-3.33%1.67%-4.76%-1.56%0.00%-1.49%0.00%5.63%1.41%1.35%1.28%0.00%0.00%1.23%-1.25%1.25%-5.06%-22.06%2.00%0.00%1.61%1.52%0.00%1.49%4.62%7.04%8.00%3.70%3.80%0.00%1.30%-7.89%4.29%0.00%-1.37%0.00%-2.53%-2.47%-3.75%-1.22%0.00%-1.19%0.00%-3.61%2.53%2.53%-5.48%0.00%6.49%3.75%-5.13%0.00%-10.00%-3.66%0.00%3.66%9.52%-3.85%-5.41%1.25%2.41%0.00%-4.23%4.05%5.88%-5.49%-3.41%3.13%6.60%0.00%-5.21%1.16%7.06%9.30%0.00%4.88%1.15%-5.62%5.62%0.00%3.00%0.00%-2.91%8.08%8.55%5.83%1.68%9.30%-
Timing----Pre-marketPre-marketPre-marketPre-marketPre-market---------Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap19.42B
Enterprise Value23.16B
Trailing P/E17.02
Forward P/E14.16
PEG Ratio2.89
Price / Sales4.20
Price / Book2.13
EPS4.94
Book Value40.15
Revenue (TTM)4.62B
Gross Profit (TTM)1.86B
EBITDA1.87B
Profit Margin25.24%
Operating Margin31.66%
Return on Equity13.35%
Return on Assets5.46%
Shares Outstanding230.89M
Shares Float82.78M
Beta1.11
Dividend Yield2.95%
Dividend Rate2.48
Payout Ratio46.96%

Dividends

20263×
0.62Sep 28, 20260.62Jun 29, 20260.62Mar 31, 2026
20254×
0.56Dec 30, 20250.56Sep 26, 20250.56Jun 30, 20250.56Mar 31, 2025
20244×
0.56Dec 31, 20240.56Sep 27, 20240.56Jun 28, 20240.56Mar 27, 2024
20234×
0.56Dec 28, 20230.56Sep 28, 20230.56Jun 29, 20230.56Mar 30, 2023
20224×
0.56Dec 29, 20220.56Sep 28, 20220.56Jun 29, 20220.56Mar 30, 2022
20214×
0.56Dec 30, 20210.56Sep 28, 20210.56Jun 29, 20210.56Mar 30, 2021
20201×
0.56Dec 30, 2020

Stock Splits

  • Jul 9, 19982:1