Keyera Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,854	7,138	7,053	7,060	4,985
Revenue Growth (YoY)	-3.98%	1.21%	-0.10%	41.63%	65.47%
Cost of Revenue	5,473	5,753	5,620	5,884	3,940
Gross Profit	1,381	1,386	1,433	1,176	1,045
Selling, General & Admin	201.38	179.59	157.4	116.13	107.73
Depreciation & Amortization Expenses	374.95	352.39	322.51	258.26	257.64
Other Operating Expenses	-	-8.28	213.73	181.29	84.93
Total Operating Expenses	576.33	523.7	693.65	555.68	450.3
Operating Income	804.79	861.9	739.29	620.1	595
Interest Expense	-249.85	-217.52	-204.08	-165.35	-169.31
Other Non-Operating Income (Expense)	14.06	-9.26	11.47	-21.55	0.57
Total Non-Operating Income (Expense)	-235.79	-226.78	-192.61	-186.9	-168.74
Pretax Income	569	635.12	546.68	433.2	426.26
Provision for Income Taxes	136.66	148.49	122.65	104.91	102.06
Net Income	432.34	486.63	424.03	328.29	324.21
Net Income to Common	432.34	486.63	424.03	328.29	324.21
Net Income Growth	-11.16%	14.76%	29.16%	1.26%	422.66%
Shares Outstanding (Basic)	229	229	229	221	221
Shares Outstanding (Diluted)	229	229	229	221	221
Shares Change (YoY)	0.02%	-	3.55%	0.12%	0.26%
EPS (Basic)	1.89	2.12	1.85	1.48	1.47
EPS (Diluted)	1.89	2.12	1.85	1.48	1.47
EPS Growth	-10.85%	14.59%	25.00%	0.68%	425.00%
Free Cash Flow	492.02	1,013	639.34	29.4	78.37
Free Cash Flow Growth	-51.45%	58.52%	2074.76%	-62.49%	-18.26%
Free Cash Flow Per Share	2.15	4.42	2.79	0.13	0.35
Dividends Per Share	2.120	2.040	1.960	1.920	1.920
Dividend Growth	3.92%	4.08%	2.08%	-	-
Gross Margin	20.15%	19.41%	20.32%	16.65%	20.97%
Operating Margin	11.74%	12.07%	10.48%	8.78%	11.94%
Profit Margin	6.31%	6.82%	6.01%	4.65%	6.50%
FCF Margin	7.18%	14.20%	9.06%	0.42%	1.57%
EBITDA	1,180	1,214	1,062	878.37	852.64
EBITDA Margin	17.21%	17.01%	15.05%	12.44%	17.10%
EBIT	804.79	861.9	739.29	620.1	595
EBIT Margin	11.74%	12.07%	10.48%	8.78%	11.94%
Effective Tax Rate	24.02%	23.38%	22.43%	24.22%	23.94%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.