IGM Financial Statements From 2010 to 2024

IGM Stock  CAD 47.31  0.28  0.60%   
IGM Financial financial statements provide useful quarterly and yearly information to potential IGM Financial investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on IGM Financial financial statements helps investors assess IGM Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting IGM Financial's valuation are summarized below:
Gross Profit
1.4 B
Profit Margin
0.2958
Market Capitalization
11.2 B
Enterprise Value Revenue
5.3565
Revenue
3.7 B
We have found one hundred twenty available fundamental trends for IGM Financial, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm IGM Financial's regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself for few more years. As of the 1st of December 2024, Market Cap is likely to drop to about 2.8 B. In addition to that, Enterprise Value is likely to drop to about 2.7 B

IGM Financial Total Revenue

2.41 Billion

Check IGM Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IGM Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 86 M, Interest Expense of 279.3 M or Total Revenue of 2.4 B, as well as many indicators such as Price To Sales Ratio of 4.5, Dividend Yield of 0.0322 or PTB Ratio of 1.19. IGM financial statements analysis is a perfect complement when working with IGM Financial Valuation or Volatility modules.
  
This module can also supplement various IGM Financial Technical models . Check out the analysis of IGM Financial Correlation against competitors.

IGM Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets10.2 B18.7 B14.1 B
Slightly volatile
Short and Long Term Debt Total4.6 B7.3 B7.9 B
Slightly volatile
Total Current Liabilities2.4 B2.9 B2.7 B
Slightly volatile
Total Stockholder Equity3.9 B6.7 B4.7 B
Slightly volatile
Property Plant And Equipment Net322.3 M307 M196 M
Slightly volatile
Retained Earnings2.4 B4.6 BB
Slightly volatile
Cash924.5 M544.6 M874.5 M
Very volatile
Non Current Assets Total9.5 B9.1 B6.1 B
Slightly volatile
Other Assets319.4 M336.2 M983.1 M
Slightly volatile
Cash And Short Term Investments1.1 B686.9 M1.1 B
Slightly volatile
Net Receivables318.8 M335.6 MB
Slightly volatile
Common Stock Shares Outstanding266.3 M238.4 M243.9 M
Pretty Stable
Liabilities And Stockholders Equity10.2 B18.7 B14.1 B
Slightly volatile
Non Current Liabilities Total4.2 BB6.6 B
Slightly volatile
Other Stockholder Equity55 M57.9 M58.7 M
Slightly volatile
Total Liabilities6.3 B11.9 B9.4 B
Slightly volatile
Property Plant And Equipment Gross736.2 M701.1 M298.4 M
Slightly volatile
Total Current Assets10.1 B9.6 B8.1 B
Slightly volatile
Short Term Debt1.8 B937.1 M1.9 B
Slightly volatile
Other Current Assets9.1 B8.7 B3.5 B
Pretty Stable
Accounts Payable352.3 M444.7 M382.3 M
Slightly volatile
Current Deferred Revenue62.7 M59.7 M39.6 M
Slightly volatile
Good Will2.9 B2.6 B2.7 B
Slightly volatile
Short Term Investments135.1 M142.2 M310.1 M
Slightly volatile
Intangible Assets1.3 B1.3 B1.2 B
Slightly volatile
Common Stock Total Equity1.3 B1.4 B1.6 B
Slightly volatile
Common Stock1.8 B1.7 B1.6 B
Slightly volatile
Other Liabilities5.2 B3.9 B5.1 B
Slightly volatile
Net Tangible Assets2.5 B2.3 B1.2 B
Slightly volatile
Long Term Debt5.2 B4.8 B6.5 B
Pretty Stable
Deferred Long Term Liabilities420.6 M385.7 M548.4 M
Slightly volatile
Long Term InvestmentsB3.8 B1.6 B
Slightly volatile
Short and Long Term Debt2.3 B2.3 B3.6 B
Slightly volatile
Property Plant Equipment222.5 M375.2 M199 M
Slightly volatile
Long Term Debt Total6.2 B5.4 B7.7 B
Slightly volatile
Capital Surpluse50.7 M62.3 M44 M
Slightly volatile
Non Current Liabilities Other1.9 B3.4 B1.2 B
Slightly volatile
Cash And Equivalents787.8 M835.6 M653 M
Slightly volatile
Net Invested Capital10.9 B13.7 B13.8 B
Slightly volatile
Net Working Capital7.3 B7.2 B6.3 B
Slightly volatile
Capital Stock1.3 B1.7 B1.7 B
Slightly volatile
Capital Lease Obligations184.7 M169.9 M122.5 M
Slightly volatile

IGM Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization86 M90.5 MB
Slightly volatile
Interest Expense279.3 M266 M127.5 M
Slightly volatile
Total Revenue2.4 B3.7 B2.8 B
Slightly volatile
Gross Profit1.9 B1.4 B1.9 B
Slightly volatile
Other Operating Expenses1.4 B2.3 B1.6 B
Slightly volatile
Operating IncomeB1.4 B1.2 B
Slightly volatile
EBITDA1.1 B1.4 B1.1 B
Slightly volatile
Income Before Tax866.4 M1.1 B943 M
Slightly volatile
Net Income646.5 M1.1 B759 M
Slightly volatile
Income Tax Expense230.5 M215.1 M203 M
Slightly volatile
Selling General Administrative84.2 M88.6 M678.1 M
Very volatile
Selling And Marketing Expenses69.2 M72.9 M188.9 M
Slightly volatile
Cost Of Revenue1.2 B2.3 B1.1 B
Slightly volatile
Net Income From Continuing Ops877.6 M929.4 M797.7 M
Slightly volatile
Net Income Applicable To Common Shares856.2 M997.3 M794.9 M
Slightly volatile
Tax Provision236.4 M215.1 M214.8 M
Slightly volatile
Interest Income117.1 M111.5 M41.6 M
Slightly volatile
Research Development0.30.270.2767
Pretty Stable
Reconciled Depreciation89.4 M90.5 M69.9 M
Slightly volatile

IGM Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow908.3 M1.1 B935.9 M
Very volatile
Depreciation99.3 M90.5 M60.7 M
Slightly volatile
Dividends Paid404.7 M535.4 M503.1 M
Pretty Stable
Capital Expenditures161.5 M153.8 M83.6 M
Slightly volatile
Net Income729.2 M1.1 B920 M
Slightly volatile
End Period Cash Flow924.5 M544.6 M874.5 M
Very volatile
Stock Based Compensation30.6 M33.3 M27.1 M
Slightly volatile
Issuance Of Capital Stock23.6 M17.2 M14.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.52.25093.5083
Slightly volatile
Dividend Yield0.03220.06430.0522
Slightly volatile
PTB Ratio1.191.25122.0502
Slightly volatile
Days Sales Outstanding26.6933.081340.5807
Very volatile
Book Value Per Share29.6428.233120.3216
Slightly volatile
Stock Based Compensation To Revenue0.00720.0090.0088
Very volatile
Capex To Depreciation1.781.69831.4063
Pretty Stable
PB Ratio1.191.25122.0502
Slightly volatile
EV To Sales3.984.06425.3507
Slightly volatile
ROIC0.140.08330.0985
Slightly volatile
Net Income Per Share5.074.82663.2719
Slightly volatile
Payables Turnover5.365.10222.8432
Pretty Stable
Sales General And Administrative To Revenue0.02270.02390.1968
Pretty Stable
Capex To Revenue0.04360.04150.0271
Slightly volatile
Cash Per Share3.332.88554.6451
Slightly volatile
Interest Coverage8.465.30210.9317
Pretty Stable
Payout Ratio0.460.46610.6456
Pretty Stable
Days Payables Outstanding67.9671.5378187
Pretty Stable
ROE0.190.17250.1623
Very volatile
PE Ratio6.897.253512.903
Slightly volatile
Return On Tangible Assets0.120.07780.0747
Very volatile
Earnings Yield0.140.13790.0858
Slightly volatile
Intangibles To Total Assets0.350.20830.249
Pretty Stable
Current Ratio3.113.27243.0033
Pretty Stable
Tangible Book Value Per Share12.511.90145.2999
Slightly volatile
Receivables Turnover14.3111.03349.8374
Pretty Stable
Graham Number57.8855.124738.5503
Slightly volatile
Shareholders Equity Per Share29.3827.981320.2408
Slightly volatile
Debt To Equity0.631.06421.3105
Very volatile
Capex Per Share0.680.6460.3458
Slightly volatile
Revenue Per Share16.3315.553712.0416
Slightly volatile
Interest Debt Per Share32.4430.894328.1654
Slightly volatile
Debt To Assets0.220.37980.4264
Very volatile
Enterprise Value Over EBITDA9.1611.078113.594
Pretty Stable
Price Earnings Ratio6.897.253512.903
Slightly volatile
Price Book Value Ratio1.191.25122.0502
Slightly volatile
Days Of Payables Outstanding67.9671.5378187
Pretty Stable
Dividend Payout Ratio0.460.46610.6456
Pretty Stable
Pretax Profit Margin0.40.30910.3338
Very volatile
Ebt Per Ebit0.660.81140.7637
Slightly volatile
Operating Profit Margin0.480.3810.438
Slightly volatile
Effective Tax Rate0.320.18790.2216
Pretty Stable
Company Equity Multiplier2.072.80213.0224
Pretty Stable
Long Term Debt To Capitalization0.290.48010.5003
Pretty Stable
Total Debt To Capitalization0.30.51550.5342
Very volatile
Return On Capital Employed0.140.08960.107
Slightly volatile
Debt Equity Ratio0.631.06421.3105
Very volatile
Ebit Per Revenue0.480.3810.438
Slightly volatile
Quick Ratio3.113.27243.0231
Pretty Stable
Net Income Per E B T0.581.00390.7878
Very volatile
Cash Ratio0.180.18610.4191
Slightly volatile
Days Of Sales Outstanding26.6933.081340.5807
Very volatile
Free Cash Flow Operating Cash Flow Ratio1.020.81630.9072
Slightly volatile
Price To Book Ratio1.191.25122.0502
Slightly volatile
Fixed Asset Turnover14.5512.061116.6743
Slightly volatile
Enterprise Value Multiple9.1611.078113.594
Pretty Stable
Debt Ratio0.220.37980.4264
Very volatile
Price Sales Ratio4.52.25093.5083
Slightly volatile
Return On Assets0.07910.06160.0548
Very volatile
Asset Turnover0.310.19840.2069
Pretty Stable
Net Profit Margin0.210.31030.2608
Pretty Stable
Gross Profit Margin0.720.38720.6569
Very volatile
Price Fair Value1.191.25122.0502
Slightly volatile
Return On Equity0.190.17250.1623
Very volatile

IGM Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.8 B3.9 BB
Very volatile
Enterprise Value2.7 B3.6 B3.7 B
Very volatile

IGM Fundamental Market Drivers

Forward Price Earnings10.9769
Cash And Short Term Investments686.9 M

About IGM Financial Financial Statements

IGM Financial investors utilize fundamental indicators, such as revenue or net income, to predict how IGM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue59.7 M62.7 M
Total Revenue3.7 B2.4 B
Cost Of Revenue2.3 B1.2 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.04  0.04 
Revenue Per Share 15.55  16.33 
Ebit Per Revenue 0.38  0.48 

Pair Trading with IGM Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IGM Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IGM Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against IGM Stock

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The ability to find closely correlated positions to IGM Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IGM Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IGM Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IGM Financial to buy it.
The correlation of IGM Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IGM Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IGM Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IGM Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in IGM Stock

IGM Financial financial ratios help investors to determine whether IGM Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IGM with respect to the benefits of owning IGM Financial security.