TMX Group 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	1,717	1,460	1,194	1,115	980.7
Revenue Growth (YoY)	17.61%	22.28%	7.10%	13.68%	13.36%
Cost of Revenue	592	501.3	414	365.6	318.1
Gross Profit	1,125	958.8	780.1	749.3	662.6
Selling, General & Admin	173.5	150.9	127.6	112.7	84.3
Depreciation & Amortization Expenses	180.7	165.6	112.5	113.8	87.1
Total Operating Expenses	354.2	316.5	240.1	226.5	171.4
Operating Income	771	642.3	540	522.8	491.2
Interest Income	1,204	1,511	1,705	746.5	78.1
Interest Expense	-1,332	-1,541	-1,729	-776.9	-90
Other Non-Operating Income (Expense)	-0.9	57.1	1.3	177.9	-
Total Non-Operating Income (Expense)	-129.2	27.3	-22.6	147.5	-11.9
Pretax Income	641.8	669.6	517.4	670.3	479.3
Provision for Income Taxes	163.8	142.7	129.2	88.5	140.8
Net Income	415.7	481.5	356	542.7	338.5
Minority Interest in Earnings	62.3	45.4	32.2	39.1	-
Net Income to Common	415.7	481.5	356	542.7	338.5
Net Income Growth	-13.67%	35.25%	-34.40%	60.32%	21.02%
Shares Outstanding (Basic)	278	277	278	279	280
Shares Outstanding (Diluted)	280	279	279	280	282
Shares Change (YoY)	0.32%	-0.12%	-0.33%	-0.85%	-0.83%
EPS (Basic)	1.49	1.74	1.28	1.95	1.21
EPS (Diluted)	1.49	1.73	1.28	1.94	1.20
EPS Growth	-13.87%	35.16%	-34.02%	61.94%	22.00%
Free Cash Flow	643.6	549.7	459.7	392.2	390.2
Free Cash Flow Growth	17.08%	19.58%	17.21%	0.51%	13.07%
Free Cash Flow Per Share	2.30	1.97	1.65	1.40	1.38
Dividends Per Share	0.840	0.750	0.708	0.664	0.602
Dividend Growth	12.00%	5.93%	6.63%	10.30%	10.66%
Gross Margin	65.53%	65.67%	65.33%	67.21%	67.56%
Operating Margin	44.90%	43.99%	45.22%	46.89%	50.09%
Profit Margin	27.84%	36.09%	32.51%	52.18%	34.52%
FCF Margin	37.48%	37.65%	38.50%	35.18%	39.79%
EBITDA	951.7	807.9	652.5	636.6	578.3
EBITDA Margin	55.42%	55.33%	54.64%	57.10%	58.97%
EBIT	771	642.3	540	522.8	491.2
EBIT Margin	44.90%	43.99%	45.22%	46.89%	50.09%
Effective Tax Rate	25.52%	21.31%	24.97%	13.20%	29.38%

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