What the company actually pays, and whether its own cash supports it.
Dividends view
Yield
3.12%Below 5Y avg (4.69%)
Annual Rate
CAD 2.48Paid quarterly
Payout Ratio
47.9%Sustainable
Paying Dividends
26 yr
Payback Period
33.5 yr
Last Ex-Dividend
Sep 28, 2026
Next Payment
Oct 30, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
18.36BCAD
13.11B · vs all stocks (USD)
Updated Oct 25, 2026
Trailing P/E
16.11x
vs Asset Management peers
Updated Oct 25, 2026
Revenue (TTM)
4.62BCAD
3.30B · vs all stocks (USD)
Updated Oct 25, 2026
Profit Margin
25.24%
vs Asset Management peers
Updated Oct 25, 2026
Beta
1.11x
vs all stocks
Updated Oct 25, 2026
52-Week Change
46.25%
vs all stocks
Updated Oct 25, 2026
Forward Annual Dividend Yield
3.12%
vs all stocks
Updated Oct 25, 2026
Market Capitalization
18.36BCAD
13.11B · vs all stocks (USD)
Updated Oct 25, 2026
Enterprise Value
19.77BCAD
14.12B · vs all stocks (USD)
Updated Oct 25, 2026
Trailing P/E
16.11x
vs Asset Management peers
Updated Oct 25, 2026
Forward P/E
13.27x
vs Asset Management peers
Updated Oct 25, 2026
PEG Ratio
1.86x
vs Asset Management peers
Updated Oct 25, 2026
Price to Sales (TTM)
3.98x
vs Asset Management peers
Updated Oct 25, 2026
Price to Book (MRQ)
1.98x
vs Asset Management peers
Updated Oct 25, 2026
Enterprise to Revenue
4.28x
vs Asset Management peers
Updated Oct 25, 2026
Enterprise to EBITDA
10.58x
vs Asset Management peers
Provider-reported. Enterprise Value ÷ EBITDA (TTM) on this page gives 12.09×.Updated Oct 25, 2026
Gross Margin
91.80%
vs Asset Management peers
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives 40.17%.Updated Oct 25, 2026
Profit Margin
25.24%
vs Asset Management peers
Updated Oct 25, 2026
Operating Margin
31.66%
vs Asset Management peers
Updated Oct 25, 2026
Return on Assets (TTM)
5.46%
vs Asset Management peers
Updated Oct 25, 2026
Return on Equity (TTM)
13.35%
vs Asset Management peers
Updated Oct 25, 2026
Revenue (TTM)
4.62BCAD
3.30B · vs all stocks (USD)
Updated Oct 25, 2026
Revenue per Share (TTM)
19.68CADUpdated Oct 25, 2026
Quarterly Revenue Growth
18.40%
vs Asset Management peers
Updated Oct 25, 2026
Gross Profit (TTM)
1.86BCAD
1.32B · vs all stocks (USD)
Updated Oct 25, 2026
EBITDA (TTM)
1.64BCAD
1.17B · vs all stocks (USD)
Updated Oct 25, 2026
Net Income (TTM)
1.17BCAD
832.63M · vs all stocks (USD)
Updated Oct 25, 2026
Quarterly Earnings Growth (YoY)
6.00%
vs Asset Management peers
Updated Oct 25, 2026
Operating Cash Flow (TTM)
1.23BCAD
876.91M · vs all stocks (USD)
Updated Oct 25, 2026
Levered Free Cash Flow (TTM)
1.03BCAD
734.16M · vs all stocks (USD)
Updated Oct 25, 2026
Forward Annual Dividend Rate
2.48CADUpdated Oct 25, 2026
Forward Annual Dividend Yield
3.12%
vs all stocks
Updated Oct 25, 2026
Trailing Annual Dividend Rate
2.42CADUpdated Oct 25, 2026
Trailing Annual Dividend Yield
3.05%
vs all stocks
Updated Oct 25, 2026
5-Year Average Dividend Yield
4.69%
vs all stocks
Updated Oct 25, 2026
Payout Ratio
47.87%
vs Asset Management peers
Updated Oct 25, 2026
Minority Interest (Equity)
93.96MCADFY2025 · Dec 31, 2025
Revenue
3.82BCADFY2025 · Dec 31, 2025
Cost of Goods Sold
1.94BCADFY2025 · Dec 31, 2025
Gross Profit
1.88BCADFY2025 · Dec 31, 2025
Operating Income
1.26BCAD
900.88M · vs all stocks (USD)
FY2025 · Dec 31, 2025
Pre-tax Income
1.44BCADFY2025 · Dec 31, 2025
Income Tax Expense
333.91MCADFY2025 · Dec 31, 2025
Net Income
1.11BCADFY2025 · Dec 31, 2025
EBIT
1.57BCADFY2025 · Dec 31, 2025
EBITDA (Income Statement)
1.62BCADFY2025 · Dec 31, 2025
Selling, General & Administrative
115.85MCADFY2025 · Dec 31, 2025
Other Operating Expenses
400.97MCADFY2025 · Dec 31, 2025
Non-operating Interest Expense
129.17MCADFY2025 · Dec 31, 2025
EPS (Basic)
4.66CADFY2025 · Dec 31, 2025
EPS (Diluted)
4.64CADFY2025 · Dec 31, 2025
Basic Shares Outstanding
236.26MSharesFY2025 · Dec 31, 2025
Diluted Shares Outstanding
236.26MSharesFY2025 · Dec 31, 2025
Minority Interests (P&L)
-6.03MCADFY2025 · Dec 31, 2025
Operating Cash Flow
1.51BCADFY2025 · Dec 31, 2025
Free Cash Flow
1.47BCADFY2025 · Dec 31, 2025
Cash & Cash Equivalents (End of Period)
1.27BCADFY2025 · Dec 31, 2025
Interest Paid
310.28MCADFY2025 · Dec 31, 2025
Starting Profit (CF Statement)
1.44BCADFY2025 · Dec 31, 2025
Other Non-cash Items
73.22MCADFY2025 · Dec 31, 2025
Capital Expenditures
-49.05MCADFY2025 · Dec 31, 2025
Net Intangibles (CF)
-70.94MCADFY2025 · Dec 31, 2025
Net Acquisitions
304.68MCADFY2025 · Dec 31, 2025
Purchase of Investments
-234.04MCADFY2025 · Dec 31, 2025
Sale of Investments
146.82MCADFY2025 · Dec 31, 2025
Other Investing Activity
203.53MCADFY2025 · Dec 31, 2025
Net Investing Cash Flow
371.93MCADFY2025 · Dec 31, 2025
Long-term Debt Issuance
1.44BCADFY2025 · Dec 31, 2025
Long-term Debt Payments
-1.71BCADFY2025 · Dec 31, 2025
Common Stock Repurchase
-293.81MCADFY2025 · Dec 31, 2025
Common Dividends Paid
-532.92MCADFY2025 · Dec 31, 2025
Net Financing Cash Flow
-972.05MCADFY2025 · Dec 31, 2025
Shares Outstanding
231.51MSharesUpdated Oct 25, 2026
Float Shares
82.78MSharesUpdated Oct 25, 2026
Shares Short
3.76MSharesUpdated Oct 25, 2026
Short Ratio
8.40days
vs all stocks
Updated Oct 25, 2026
% Held by Insiders
68.54%
vs all stocks
Updated Oct 25, 2026
% Held by Institutions
9.88%
vs all stocks
Updated Oct 25, 2026
Total Cash (MRQ)
1.66BCAD
1.19B · vs all stocks (USD)
Updated Oct 25, 2026
Total Cash per Share (MRQ)
7.19CADUpdated Oct 25, 2026
Total Debt (MRQ)
2.97BCAD
2.12B · vs all stocks (USD)
Updated Oct 25, 2026
Total Debt to Equity (MRQ)
0.3165x
vs Asset Management peers
Updated Oct 25, 2026
Current Ratio (MRQ)
5.05x
vs Asset Management peers
Updated Oct 25, 2026
Book Value per Share (MRQ)
40.15CADUpdated Oct 25, 2026
Total Assets
22.40BCAD
16.00B · vs all stocks (USD)
FY2025 · Dec 31, 2025
Total Current Assets
13.57BCADFY2025 · Dec 31, 2025
Total Liabilities
13.36BCADFY2025 · Dec 31, 2025
Total Non-current Assets
8.83BCADFY2025 · Dec 31, 2025
Total Non-current Liabilities
10.38BCADFY2025 · Dec 31, 2025
Total Current Liabilities
2.98BCADFY2025 · Dec 31, 2025
Cash & Cash Equivalents
1.27BCADFY2025 · Dec 31, 2025
Other Short-term Investments
2.41BCADFY2025 · Dec 31, 2025
Accounts Receivable
292.05MCADFY2025 · Dec 31, 2025
Accounts Payable
570.36MCADFY2025 · Dec 31, 2025
Short-term Debt
2.22BCADFY2025 · Dec 31, 2025
Long-term Debt
5.16BCADFY2025 · Dec 31, 2025
Other Non-current Liabilities
4.39BCADFY2025 · Dec 31, 2025
Common Stock (Book)
1.87BCADFY2025 · Dec 31, 2025
Retained Earnings
5.17BCADFY2025 · Dec 31, 2025
Total Shareholders' Equity
9.04BCAD
6.46B · vs all stocks (USD)
FY2025 · Dec 31, 2025
52-Week Low
53.33CADUpdated Oct 25, 2026
52-Week High
92.01CADUpdated Oct 25, 2026
52-Week Change
46.25%
vs all stocks
Updated Oct 25, 2026
Beta
1.11x
vs all stocks
Updated Oct 25, 2026
50-Day MA
85.26CADUpdated Oct 25, 2026
200-Day MA
76.73CADUpdated Oct 25, 2026
Avg 10-Day Volume
370.05KSharesUpdated Oct 25, 2026
Avg 30-Day Volume
421.97KSharesUpdated Oct 25, 2026
Diluted EPS (TTM)
4.94CADUpdated Oct 25, 2026
Other Income / Expense
308.76MCADFY2025 · Dec 31, 2025
2 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.
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 58.3%)Significant