Stella-Jones Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,495	3,469	3,319	3,065	2,750	2,551
Revenue Growth (YoY)	1.98%	4.52%	8.29%	11.46%	7.80%	16.54%
Cost of Revenue	2,795	2,745	2,631	2,541	2,294	2,105
Gross Profit	700	724	688	524	456	446
Selling, General & Admin	206	206	181	157	127	125
Other Operating Expenses	-7	-	1	3	3	12
Operating Expenses	199	206	182	160	130	137
Operating Income	501	518	506	364	326	309
Interest Expense	-75	-88	-68	-33	-23	-25
EBT Excluding Unusual Items	426	430	438	331	303	284
Asset Writedown	-5	-5	-2	-5	-	-
Other Unusual Items	-10	-10	-11	-	-	-
Pretax Income	439	415	431	326	303	284
Income Tax Expense	100	96	105	85	76	74
Net Income	339	319	326	241	227	210
Net Income to Common	339	319	326	241	227	210
Net Income Growth	4.95%	-2.15%	35.27%	6.17%	8.09%	28.83%
Shares Outstanding (Basic)	56	56	58	61	65	67
Shares Outstanding (Diluted)	56	56	58	61	65	67
Shares Change (YoY)	-1.88%	-2.70%	-5.62%	-5.51%	-3.42%	-2.14%
EPS (Basic)	6.10	5.66	5.62	3.92	3.49	3.12
EPS (Diluted)	6.10	5.66	5.62	3.92	3.49	3.12
EPS Growth	7.03%	0.64%	43.23%	12.43%	11.86%	31.65%
Free Cash Flow	399	276	-45	162	205	136
Free Cash Flow Per Share	7.17	4.89	-0.78	2.64	3.15	2.02
Dividend Per Share	1.210	1.120	0.920	0.800	0.720	0.600
Dividend Growth	13.08%	21.74%	15.00%	11.11%	20.00%	7.14%
Gross Margin	20.03%	20.87%	20.73%	17.10%	16.58%	17.48%
Operating Margin	14.34%	14.93%	15.25%	11.88%	11.86%	12.11%
Profit Margin	9.70%	9.20%	9.82%	7.86%	8.25%	8.23%
Free Cash Flow Margin	11.42%	7.96%	-1.36%	5.29%	7.46%	5.33%
EBITDA	566	575	556	407	359	345
EBITDA Margin	16.20%	16.57%	16.75%	13.28%	13.05%	13.52%
D&A For EBITDA	65	57	50	43	33	36
EBIT	501	518	506	364	326	309
EBIT Margin	14.34%	14.93%	15.25%	11.88%	11.86%	12.11%
Effective Tax Rate	22.78%	23.13%	24.36%	26.07%	25.08%	26.06%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.