Martinrea International 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	4,822	5,014	5,340	4,758	3,784
Revenue Growth (YoY)	-3.84%	-6.10%	12.24%	25.73%	12.11%
Cost of Revenue	4,175	4,366	4,665	4,198	3,438
Gross Profit	647.06	648.56	675.4	559.26	345.62
Selling, General & Admin	320.42	321.58	323.44	276.15	228.35
Depreciation & Amortization Expenses	15.13	16.54	17.71	15.95	15.31
Research & Development	41.89	42.23	38.01	36.92	32.62
Other Operating Expenses	77.15	143.6	27.12	12.47	6.43
Total Operating Expenses	454.59	523.95	406.28	341.48	282.71
Operating Income	192.47	124.61	269.11	217.78	62.92
Interest Income	-3.38	6.91	11.93	13.18	21.19
Interest Expense	-64.24	-76.01	-80.32	-51.84	-32.92
Other Non-Operating Income (Expense)	-2.93	-2.9	-3.56	-5.07	-3.92
Total Non-Operating Income (Expense)	-70.55	-72.01	-71.96	-43.73	-15.66
Pretax Income	121.93	52.6	197.16	174.05	47.26
Provision for Income Taxes	14.94	87.15	43.49	41.21	11.38
Net Income	106.99	-34.55	153.67	132.84	35.88
Net Income to Common	106.99	-34.55	153.67	132.84	35.88
Net Income Growth	-	-	15.68%	270.23%	-
Shares Outstanding (Basic)	73	76	80	80	80
Shares Outstanding (Diluted)	73	76	80	80	80
Shares Change (YoY)	-3.69%	-5.21%	-0.90%	-0.04%	0.33%
EPS (Basic)	1.47	-0.46	1.93	1.65	0.45
EPS (Diluted)	1.47	-0.46	1.93	1.65	0.45
EPS Growth	-	-	16.97%	266.67%	-
Shares Outstanding	72.01	72.79	78.14	80.39	80.37
Free Cash Flow	192.77	157.76	215.81	61.34	-110.2
Free Cash Flow Growth	22.19%	-26.90%	251.82%	-	-
Free Cash Flow Per Share	2.65	2.09	2.71	0.76	-1.37
Dividends Per Share	0.200	0.200	0.200	0.200	0.200
Gross Margin	13.42%	12.93%	12.65%	11.76%	9.13%
Operating Margin	3.99%	2.49%	5.04%	4.58%	1.66%
Profit Margin	2.22%	-0.69%	2.88%	2.79%	0.95%
FCF Margin	4.00%	3.15%	4.04%	1.29%	-2.91%
EBITDA	505.59	471.16	589.56	503.42	311.14
EBITDA Margin	10.49%	9.40%	11.04%	10.58%	8.22%
EBIT	192.47	124.61	269.11	217.78	62.92
EBIT Margin	3.99%	2.49%	5.04%	4.58%	1.66%
Effective Tax Rate	12.26%	165.67%	22.06%	23.68%	24.08%

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