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IGM Financial Inc.

Financial Services CA IGM

78.96CAD
-1.21(1.51%)

Last update at 2026-06-03T20:00:00Z

Day Range

78.6379.81
LowHigh

52 Week Range

40.4274.92
LowHigh

Fundamentals

  • Previous Close 80.17
  • Market Cap17151.45M
  • Volume549964
  • P/E Ratio15.78
  • Dividend Yield3.02%
  • EBITDA1790.78M
  • Revenue TTM4314.70M
  • Revenue Per Share TTM18.25
  • Gross Profit TTM 1779.29M
  • Diluted EPS TTM4.64

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 1440.91M 1209.61M 1144.46M 1122.94M 1267.65M
Minority interest -6.03300M -3.92500M -3.61900M -5.33400M -1.93800M
Net income 1100.97M 933.51M 1148.89M 867.24M 978.95M
Selling general administrative 115.85M 100.65M 88.63M 475.19M 2066.41M
Selling and marketing expenses - - - - -
Gross profit 2430.72M 1701.66M 1433.39M 1605.13M 3251.63M
Reconciled depreciation 98.06M 92.67M 90.54M 103.99M 99.82M
Ebit 1755.18M 1338.99M 1267.69M 1236.71M 1381.59M
Ebitda 1853.24M 1431.66M 1358.23M 1340.70M 1481.40M
Depreciation and amortization 98.06M 92.67M 90.54M 103.99M 99.82M
Non operating income net other - - - - -
Operating income 1446.42M 1126.21M 1410.49M 1236.71M 1381.59M
Other operating expenses 2559.52M 2365.61M 2291.79M 2429.41M 2402.38M
Interest expense 314.27M 129.38M 266.03M 113.77M 113.94M
Tax provision 333.91M 276.87M 215.08M 250.37M 286.76M
Interest income 135.01M 83.40M 249.88M 96.99M 82.43M
Net interest income -129.17000M -129.37900M -123.23100M -113.76800M -113.93600M
Extraordinary items - 4.70M 223.13M - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 333.91M 272.17M 215.08M 250.37M 286.76M
Total revenue 3820.84M 3491.82M 3702.28M 3455.36M 3587.60M
Total operating expenses 614.88M 575.45M 22.90M 579.18M 2066.41M
Cost of revenue 1944.64M 1790.16M 2268.89M 1850.23M 335.97M
Total other income expense net -5.51000M 83.40M -266.03100M -113.76800M -113.93600M
Discontinued operations - - - - -
Net income from continuing ops 1107.00M 937.44M 929.38M 872.58M 980.89M
Net income applicable to common shares 1100.97M 933.51M 1148.89M 867.24M 978.95M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 22401.75M 20682.97M 18663.28M 18873.18M 17660.59M
Intangible assets 1290.68M 1277.20M 1250.71M 1363.64M 1356.70M
Earning assets - - - - -
Other current assets 4316.74M - -918.47700M 4347.35M 2238.62M
Total liab 13363.47M 12812.57M 11942.87M 12610.09M 11159.42M
Total stockholder equity 8944.33M 7800.77M 6660.46M 6196.41M 6449.83M
Deferred long term liab - - - 428.58M 377.65M
Other current liab 163.95M - 1545.07M 177.47M 265.70M
Common stock 1867.06M - 1690.63M 1672.80M 1658.68M
Capital stock 1867.06M 1785.23M 1690.63M 1672.80M 1658.68M
Retained earnings 5166.60M 4890.90M 4595.62M 4106.71M 3857.00M
Other liab - - - 4329.15M 4657.54M
Good will 2636.77M 2636.77M 2636.77M 2802.17M 2802.07M
Other assets 614.01M - - 373.59M 408.99M
Cash 1274.21M 910.28M 544.63M 1072.89M 1292.45M
Cash and equivalents 597.50M - - 726.63M 966.22M
Total current liabilities 2981.31M 3241.91M 2926.86M 2835.65M 3225.76M
Current deferred revenue - - - - -
Net debt 6106.31M 6514.64M 6713.13M 5830.34M 6063.44M
Short term debt 2217.87M - 937.10M 2150.61M 2406.62M
Short long term debt 2217.87M 2549.10M 2298.44M 2150.61M 2406.62M
Short long term debt total 7380.52M - 7257.77M 6903.23M 7355.89M
Other stockholder equity 50.72M - -4537.69400M 54.13M 51.07M
Property plant equipment 343.75M - - 326.29M 315.96M
Total current assets 13571.33M 11716.41M 10114.27M 11428.69M 10580.85M
Long term investments 3862.79M 4097.82M 3801.39M 2358.89M 2154.84M
Net tangible assets - - - 2030.60M 2291.06M
Short term investments 2412.87M 1350.38M 721.38M 602.61M 1291.43M
Net receivables 5567.51M 268.41M 373.84M 5405.83M 5758.34M
Long term debt 4997.44M 4875.81M 4789.39M 5762.64M 4751.29M
Inventory - - -142.21900M - -
Accounts payable 570.36M 492.33M 444.69M 507.57M 553.43M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 1859.96M - 316.29M 362.77M 883.08M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 694.22M 429.42M -214.16900M 592.08M 420.89M
Deferred long term asset charges - - - - -
Non current assets total 8830.42M 8966.56M 8549.01M 7444.48M 7079.74M
Capital lease obligations 165.21M 160.80M 169.94M 192.79M 197.97M
Long term debt total 6101.62M - - 5955.43M 6198.09M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -87.21900M -473.77000M -1633.97100M 134.71M 216.43M
Change to liabilities - - - 0.00000M 0.00000M
Total cashflows from investing activities 301.00M -473.77000M -1161.77000M 134.71M 1099.12M
Net borrowings -265.03400M 234.33M 314.89M -25.59200M -23.02300M
Total cash from financing activities -972.05300M -313.42400M -203.76900M -1091.93400M -1521.84400M
Change to operating activities - - - -3.68000M -38.34200M
Net income 1440.91M 933.51M 1367.00M 1122.94M 1267.65M
Change in cash 363.93M 365.64M -528.25900M -219.55400M 520.86M
Begin period cash flow 910.28M 544.63M 1072.89M 1292.45M 771.59M
End period cash flow 1274.21M 910.28M 544.63M 1072.89M 1292.45M
Total cash from operating activities 1034.99M 1152.84M 837.28M 737.67M 943.59M
Issuance of capital stock 119.71M 110.16M 17.17M 42.55M 55.90M
Depreciation 98.06M 92.67M 90.54M 103.99M 99.82M
Other cashflows from investing activities 132.59M -451.56500M 340.30M 279.49M 1185.03M
Dividends paid 532.92M -534.02800M -535.44300M 537.20M 537.03M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -293.80600M -122.47600M 16.88M -115.66700M 55.90M
Other cashflows from financing activities 0.00000M -1.40800M -0.09600M 1170.87M 1425.00M
Change to netincome - - - -307.47500M -153.51800M
Capital expenditures 119.99M 118.65M 153.78M 144.78M 85.92M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 13.05M 170.11M 37.14M -3.68000M -38.34200M
Stock based compensation - 45.90M 33.30M - -
Other non cash items -418.96600M -89.35800M -566.86200M -485.58700M -385.53600M
Free cash flow 915.00M 1034.18M 683.50M 592.89M 857.67M

Peer Comparison

Sector: Financial Services Industry: Asset Management

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)
IGM
IGM Financial Inc.
-1.21 1.51% 78.96 15.78 14.71 3.98 1.95 5.54 12.69
BLK
BlackRock CDR (CAD Hedged)
-0.86 3.28% 25.37 25.23 18.90 6.38 2.79 6.35 17.13
BN
Brookfield Corporation
-2.18 3.45% 60.94 94.76 11.96 1.84 2.36 4.58 10.80
BAM
Brookfield Asset Management Ltd
-3.27 4.95% 62.85 31.22 25.51 22.40 9.70 17.61 25.08
PHYS
Sprott Physical Gold Trust
-0.31 0.66% 46.62 3.81 - 3.47 1.06 4.09 0.66

Reports Covered

Stock Research & News

Profile

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.

IGM Financial Inc.

447 Portage Avenue, Winnipeg, MB, Canada, R3B 3H5

Key Executives

Name Title Year Born
Mr. James O'Sullivan Pres, CEO & Director 1964
Mr. Michael Dibden COO & Exec. VP NA
Mr. Damon Murchison Pres & CEO of IG Wealth Management NA
Mr. Luke Gould Pres & CEO of Mackenzie Investments NA
Mr. Keith Potter Exec. VP & CFO NA
Ms. Rhonda Suzanne Goldberg Exec. VP & Gen. Counsel NA
Mr. Douglas Gordon McIntosh Milne Exec. VP and Chief Marketing & Strategy Officer NA
Ms. Cynthia Currie Exec. VP & Chief HR Officer NA
Mr. Jeffrey Robert Carney CFA Advisor 1962
Ms. Kristin Elizabeth Ashcroft Exec. Vice-Pres of Products & Solutions for Mackenzie Investments NA

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