TMX Group Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 26, 2026	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
Market Capitalization	12,800	14,531	12,301	8,866	7,546	7,168
Market Cap Growth	-7.88%	18.13%	38.75%	17.49%	5.27%	-0.50%
Enterprise Value	14,671	16,336	14,337	9,809	8,405	7,938
Last Close Price	46.01	51.96	43.36	30.78	25.40	23.43
PE Ratio	30.88	34.96	25.55	24.90	13.90	21.18
Forward PE	19.99	23.82	24.00	20.64	18.88	18.64
PS Ratio	7.45	8.46	8.43	7.43	6.77	7.31
PB Ratio	2.57	2.92	2.55	2.05	1.79	1.93
P/FCF Ratio	19.89	22.58	22.38	19.29	19.24	18.37
P/OCF Ratio	16.74	19.00	19.73	16.89	16.99	16.24
PEG Ratio	1.54	1.48	1.48	1.48	1.48	1.48
EV/Sales Ratio	8.54	9.51	9.82	8.22	7.54	8.09
EV/EBITDA Ratio	15.28	17.20	17.56	15.15	13.50	13.95
EV/EBIT Ratio	18.82	20.91	21.64	18.00	16.06	16.15
EV/FCF Ratio	22.80	25.38	26.08	21.34	21.43	20.34
Debt / Equity Ratio	0.44	0.44	0.45	0.27	0.26	0.30
Debt / EBITDA Ratio	2.26	2.26	2.63	1.75	1.74	1.90
Debt / FCF Ratio	3.37	3.37	3.96	2.50	2.83	2.81
Net Debt / Equity Ratio	0.33	0.33	0.36	0.17	0.15	0.20
Net Debt / EBITDA Ratio	1.75	1.75	2.14	1.13	0.99	1.33
Net Debt / FCF Ratio	2.57	2.57	3.17	1.59	1.58	1.94
Asset Turnover	0.04	0.04	0.03	0.02	0.02	0.02
Quick Ratio	0.02	0.02	0.02	0.01	0.01	0.01
Current Ratio	1.00	1.00	1.01	1.00	1.00	1.00
Return on Equity (ROE)	9.76%	9.76%	11.53%	9.10%	14.70%	9.25%
Return on Assets (ROA)	1.07%	1.07%	0.79%	0.57%	0.55%	0.62%
Return on Invested Capital (ROIC)	8.84%	8.82%	8.97%	8.28%	9.79%	7.89%
Return on Capital Employed (ROCE)	10.30%	10.30%	8.60%	9.40%	8.80%	8.70%
Earnings Yield	3.25%	2.86%	3.91%	4.01%	7.19%	4.72%
FCF Yield	5.03%	4.43%	4.47%	5.18%	5.20%	5.44%
Dividend Yield	2.02%	1.62%	1.73%	2.30%	2.61%	2.57%
Payout Ratio	56.19%	56.19%	43.22%	55.31%	34.11%	49.90%
Buyback Yield / Dilution	-0.32%	-0.32%	0.12%	0.33%	0.85%	0.83%
Total Shareholder Return	1.71%	1.30%	1.85%	2.63%	3.46%	3.40%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.