CompanyGraph
At a glance
- Depends onMidstream position: 5 outgoing, 5 incoming connections
- ScaleMarket cap is $14.59B, above the global median of $1.18B
- PositionGross margin is 91.8%, higher than 95% of its Asset Management peers (median 62%)
- Interpretations2 currently firing — 2
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
2.85%Below 5Y avg (5.11%)
Annual Rate
CAD 2.48Paid quarterly
Payout Ratio
47.9%Sustainable
Paying Dividends
26 yr
Payback Period
36.5 yr
Next Ex-Dividend
Sep 28, 2026
Next Payment
Oct 30, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
20.08BCAD14.59B · vs all stocks (USD)
Trailing P/E
17.76xvs Asset Management peers
Revenue (TTM)
4.62BCAD3.36B · vs all stocks (USD)
Profit Margin
25.24%vs Asset Management peers
Beta
1.12xvs all stocks
52-Week Change
78.40%vs all stocks
Forward Annual Dividend Yield
2.85%vs all stocks
Market Capitalization
20.08BCAD14.59B · vs all stocks (USD)
Enterprise Value
21.77BCAD15.82B · vs all stocks (USD)
Trailing P/E
17.76xvs Asset Management peers
Forward P/E
14.44xvs Asset Management peers
PEG Ratio
2.05xvs Asset Management peers
Price to Sales (TTM)
4.39xvs Asset Management peers
Price to Book (MRQ)
2.19xvs Asset Management peers
Enterprise to Revenue
4.71xvs Asset Management peers
Enterprise to EBITDA
11.65xvs Asset Management peers
Gross Margin
91.80%vs Asset Management peers
Profit Margin
25.24%vs Asset Management peers
Operating Margin
31.66%vs Asset Management peers
Return on Assets (TTM)
5.46%vs Asset Management peers
Return on Equity (TTM)
13.35%vs Asset Management peers
Revenue (TTM)
4.62BCAD3.36B · vs all stocks (USD)
Revenue per Share (TTM)
19.68CADUpdated Aug 21, 2026Quarterly Revenue Growth
18.40%vs Asset Management peers
Gross Profit (TTM)
1.86BCAD1.35B · vs all stocks (USD)
EBITDA (TTM)
1.64BCAD1.19B · vs all stocks (USD)
Net Income (TTM)
1.17BCAD847.20M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
6.00%vs Asset Management peers
Operating Cash Flow (TTM)
1.23BCAD892.26M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
1.03BCAD747.01M · vs all stocks (USD)
Forward Annual Dividend Rate
2.48CADUpdated Aug 21, 2026Forward Annual Dividend Yield
2.85%vs all stocks
Trailing Annual Dividend Rate
2.37CADUpdated Aug 21, 2026Trailing Annual Dividend Yield
2.72%vs all stocks
5-Year Average Dividend Yield
5.11%vs all stocks
Payout Ratio
47.87%vs Asset Management peers
Minority Interest (Equity)
93.96MCADFY2025 · Dec 31, 2025Revenue
3.82BCADFY2025 · Dec 31, 2025Cost of Goods Sold
1.94BCADFY2025 · Dec 31, 2025Gross Profit
1.88BCADFY2025 · Dec 31, 2025Operating Income
1.26BCAD916.65M · vs all stocks (USD)
Pre-tax Income
1.44BCADFY2025 · Dec 31, 2025Income Tax Expense
333.91MCADFY2025 · Dec 31, 2025Net Income
1.11BCADFY2025 · Dec 31, 2025EBIT
1.57BCADFY2025 · Dec 31, 2025EBITDA (Income Statement)
1.62BCADFY2025 · Dec 31, 2025Selling, General & Administrative
115.85MCADFY2025 · Dec 31, 2025Other Operating Expenses
400.97MCADFY2025 · Dec 31, 2025Non-operating Interest Expense
129.17MCADFY2025 · Dec 31, 2025Minority Interests (P&L)
-6.03MCADFY2025 · Dec 31, 2025Operating Cash Flow
1.51BCADFY2025 · Dec 31, 2025Free Cash Flow
1.47BCADFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
1.27BCADFY2025 · Dec 31, 2025Interest Paid
310.28MCADFY2025 · Dec 31, 2025Starting Profit (CF Statement)
1.44BCADFY2025 · Dec 31, 2025Other Non-cash Items
73.22MCADFY2025 · Dec 31, 2025Capital Expenditures
-49.05MCADFY2025 · Dec 31, 2025Net Intangibles (CF)
-70.94MCADFY2025 · Dec 31, 2025Net Acquisitions
304.68MCADFY2025 · Dec 31, 2025Purchase of Investments
-234.04MCADFY2025 · Dec 31, 2025Sale of Investments
146.82MCADFY2025 · Dec 31, 2025Other Investing Activity
203.53MCADFY2025 · Dec 31, 2025Net Investing Cash Flow
371.93MCADFY2025 · Dec 31, 2025Long-term Debt Issuance
1.44BCADFY2025 · Dec 31, 2025Long-term Debt Payments
-1.71BCADFY2025 · Dec 31, 2025Common Stock Repurchase
-293.81MCADFY2025 · Dec 31, 2025Common Dividends Paid
-532.92MCADFY2025 · Dec 31, 2025Net Financing Cash Flow
-972.05MCADFY2025 · Dec 31, 2025Shares Outstanding
231.51MSharesUpdated Aug 21, 2026Float Shares
82.79MSharesUpdated Aug 21, 2026Shares Short
3.95MSharesUpdated Aug 21, 2026Short Ratio
8.49daysvs all stocks
% Held by Insiders
67.91%vs all stocks
% Held by Institutions
9.60%vs all stocks
Total Cash (MRQ)
1.66BCAD1.21B · vs all stocks (USD)
Total Cash per Share (MRQ)
7.19CADUpdated Aug 21, 2026Total Debt (MRQ)
2.97BCAD2.16B · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.3165xvs Asset Management peers
Current Ratio (MRQ)
5.05xvs Asset Management peers
Book Value per Share (MRQ)
40.15CADUpdated Aug 21, 2026Total Assets
22.40BCAD16.28B · vs all stocks (USD)
Total Current Assets
13.57BCADFY2025 · Dec 31, 2025Total Liabilities
13.36BCADFY2025 · Dec 31, 2025Total Non-current Assets
8.83BCADFY2025 · Dec 31, 2025Total Non-current Liabilities
10.38BCADFY2025 · Dec 31, 2025Total Current Liabilities
2.98BCADFY2025 · Dec 31, 2025Cash & Cash Equivalents
1.27BCADFY2025 · Dec 31, 2025Other Short-term Investments
2.41BCADFY2025 · Dec 31, 2025Accounts Receivable
292.05MCADFY2025 · Dec 31, 2025Accounts Payable
570.36MCADFY2025 · Dec 31, 2025Short-term Debt
2.22BCADFY2025 · Dec 31, 2025Long-term Debt
5.16BCADFY2025 · Dec 31, 2025Other Non-current Liabilities
4.39BCADFY2025 · Dec 31, 2025Common Stock (Book)
1.87BCADFY2025 · Dec 31, 2025Retained Earnings
5.17BCADFY2025 · Dec 31, 2025Total Shareholders' Equity
9.04BCAD6.57B · vs all stocks (USD)
52-Week Low
48.08CADUpdated Aug 21, 202652-Week High
92.01CADUpdated Aug 21, 202652-Week Change
78.40%vs all stocks
Beta
1.12xvs all stocks
50-Day MA
83.45CADUpdated Aug 21, 2026200-Day MA
70.66CADUpdated Aug 21, 2026Avg 10-Day Volume
335.07KSharesUpdated Aug 21, 2026Avg 30-Day Volume
432.47KSharesUpdated Aug 21, 2026Diluted EPS (TTM)
4.94CADUpdated Aug 21, 2026Other Income / Expense
308.76MCADFY2025 · Dec 31, 20252 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Three-Year Positive Free Cash Flow With Elevated ADX Asymmetry And 50w SMA Above 200w SMA
Three years of positive free cash flow, with the 50-week average above the 200-week.
Reads
Is this company growing?
Multi-Year Revenue, Profit, And Income Growth
Revenue has risen in each of three years, gross profit in each of four, and it has made a profit in all five.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is 91.8%, higher than 95% of its Asset Management peers (median 62%)Significant
Gross margin: 0.92Industry median: 0.62Industry P95: 0.89Peers compared: 106
Financial Health
High earnings qualityNotable
Earnings Quality Score: 1.16
High structural barrier to entryNotable
Barrier to Entry: 0.52
Supply Chain
Midstream position: 5 outgoing, 5 incoming connectionsNotable
Outgoing: 5.00Incoming: 5.00
High connectivity hub: 10 industry connectionsNotable
Total Connections: 10.00
Scale
Market cap is $14.59B, above the global median of $1.18BNotable
Market cap (USD): 14,593,223,117.696Global Median: 1,179,398,897.704
Revenue is $3.36B, above the global median of $534.05MNotable
Revenue (USD): 3,356,403,736.771Global Median: 534,052,387.958
Levered free cash flow is $747.01M, above the global median of $19.22MNotable
Levered free cash flow (USD): 747,007,697.211Global Median: 19,216,527.683
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Companies that share active interpretations — structural patterns currently present in both stocks.
Thermon Group Holdings, Inc.
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