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Finning International Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Total Revenue 2.7B 2.8B 2.6B 2.8B 2.9B
Operating Revenue 2.7B 2.8B 2.6B 2.8B 2.9B
Cost Of Revenue 2.1B 2.2B 2.0B 2.2B 2.2B
Gross Profit 617.0M 616.0M 619.0M 624.0M 631.0M
Selling General And Administration 413.0M 382.0M 404.0M 410.0M 412.0M
Operating Expense 413.0M 382.0M 404.0M 410.0M 412.0M
Operating Income 204.0M 234.0M 215.0M 214.0M 219.0M
EBIT 185.0M 240.0M 200.0M 164.0M 219.0M
Interest Expense 33.0M 32.0M 32.0M 32.0M 29.0M
Interest Expense Non Operating 33.0M 32.0M 32.0M 32.0M 29.0M
Net Interest Income -35.0M -32.0M -35.0M -36.0M -33.0M
Other Income Expense -17.0M 6.0M -12.0M -46.0M 4.0M
Special Income Charges -22.0M 0.00 -12.0M -45.0M 0.00
Restructuring And Mergern Acquisition 0.00 0.00 12.0M -- 0.00
Write Off -- -- -- 14.0M --
Earnings From Equity Interest 5.0M 6.0M 0.00 -1.0M 4.0M
Pretax Income 152.0M 208.0M 168.0M 132.0M 190.0M
Tax Provision 37.0M 54.0M 42.0M 42.0M 50.0M
Tax Effect Of Unusual Items -5.4M 0.00 -3.0M -11.1M 0.00
Net Income From Continuing And Discontinued Operation 115.0M 154.0M 285.0M 104.0M 141.0M
Net Income From Continuing Operation Net Minority Interest 115.0M 154.0M 128.0M 104.0M 141.0M
Net Income Including Noncontrolling Interests 115.0M 154.0M 283.0M 90.0M 140.0M
Minority Interests 0.00 0.00 2.0M 14.0M 1.0M
Net Income Common Stockholders 115.0M 154.0M 285.0M 104.0M 141.0M
Net Income 115.0M 154.0M 285.0M 104.0M 141.0M
EBITDA 279.0M 335.0M 303.0M 264.0M 314.0M
Normalized EBITDA 301.0M 335.0M 315.0M 309.0M 314.0M
Reconciled Depreciation 94.0M 95.0M 103.0M 100.0M 95.0M
Basic EPS 0.88 1.17 2.12 0.77 --
Diluted EPS 0.88 1.16 2.12 0.77 --
Basic Average Shares 130.7M 132.2M 134.0M 135.2M --
Diluted Average Shares 130.7M 132.2M 134.3M 135.4M --
Total Unusual Items -22.0M 0.00 -12.0M -45.0M 0.00
Total Unusual Items Excluding Goodwill -22.0M 0.00 -12.0M -45.0M 0.00
Tax Rate For Calcs 0.24 0.26 0.25 0.25 0.26
Normalized Income 131.6M 154.0M 137.0M 137.9M 141.0M
Diluted NI Availto Com Stockholders 115.0M 154.0M 285.0M 104.0M 141.0M
Gain On Sale Of Business -- -- -- -- 0.00
Impairment Of Capital Assets -- -- -- 31.0M --
Net Income Continuous Operations 115.0M 154.0M 126.0M 90.0M 140.0M
Net Income Discontinuous Operations 0.00 0.00 157.0M -- --
Net Non Operating Interest Income Expense -35.0M -32.0M -35.0M -36.0M -33.0M
Reconciled Cost Of Revenue 2.1B 2.2B 2.0B 2.2B 2.2B
Total Expenses 2.5B 2.6B 2.4B 2.6B 2.7B
Total Other Finance Cost 2.0M -- 3.0M 4.0M 4.0M
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Cash And Cash Equivalents 369.0M 312.0M 431.0M 433.0M 316.0M
Cash Cash Equivalents And Short Term Investments 397.0M 312.0M 431.0M 433.0M 384.0M
Cash Equivalents -- -- -- -- --
Cash Financial -- -- -- -- --
Other Short Term Investments 28.0M -- -- -- 68.0M
Accounts Receivable 1.1B 1.2B 1.0B 1.2B 1.2B
Receivables 1.8B 1.7B 1.5B 1.7B 1.9B
Inventory 3.0B 3.1B 3.1B 2.9B 2.6B
Prepaid Assets 178.0M -- -- -- 213.0M
Other Current Assets 36.0M 539.0M 507.0M 506.0M 41.0M
Current Assets 5.4B 5.7B 5.6B 5.6B 5.2B
Gross PPE 3.1B 1.5B 1.5B 1.6B 3.0B
Accumulated Depreciation -1.5B -- -- -- -1.5B
Net PPE 1.7B 1.5B 1.5B 1.6B 1.6B
Goodwill 211.0M 213.0M 213.0M 317.0M 339.0M
Goodwill And Other Intangible Assets 433.0M 437.0M 450.0M 636.0M 684.0M
Other Intangible Assets 222.0M 224.0M 237.0M 319.0M 345.0M
Investments And Advances 87.0M 101.0M 93.0M 96.0M 100.0M
Long Term Equity Investment 87.0M 101.0M 93.0M 96.0M 100.0M
Other Non Current Assets 28.0M 239.0M 225.0M 186.0M 24.0M
Total Non Current Assets 2.4B 2.3B 2.3B 2.5B 2.5B
Total Assets 7.8B 8.0B 7.8B 8.1B 7.7B
Current Debt 698.0M 1.2B 944.0M 945.0M 850.0M
Current Debt And Capital Lease Obligation 786.0M 1.2B 944.0M 945.0M 928.0M
Accounts Payable 1.6B 1.4B 1.5B 1.7B 1.4B
Payables 1.7B 1.4B 1.5B 1.7B 1.5B
Payables And Accrued Expenses 1.7B 1.4B 1.5B 1.7B 1.5B
Current Deferred Revenue 594.0M 517.0M 559.0M 583.0M 567.0M
Other Current Liabilities 10.0M 284.0M 248.0M 305.0M 11.0M
Current Liabilities 3.2B 3.4B 3.3B 3.5B 3.1B
Long Term Debt 1.2B 1.2B 1.4B 1.4B 1.4B
Long Term Debt And Capital Lease Obligation 1.5B 1.5B 1.6B 1.7B 1.7B
Long Term Capital Lease Obligation 324.0M 278.0M 226.0M 277.0M 262.0M
Other Non Current Liabilities 12.0M 157.0M 150.0M 146.0M 15.0M
Total Non Current Liabilities Net Minority Interest 1.8B 1.8B 1.9B 1.9B 1.9B
Total Liabilities Net Minority Interest 5.0B 5.2B 5.2B 5.4B 5.1B
Common Stock 472.0M 473.0M 476.0M 484.0M 487.0M
Capital Stock 472.0M 473.0M 476.0M 484.0M 487.0M
Additional Paid In Capital -- 0.00 0.00 0.00 0.00
Retained Earnings 2.0B 2.0B 1.9B 1.8B 1.8B
Gains Losses Not Affecting Retained Earnings 312.0M 345.0M 313.0M 384.0M 375.0M
Other Equity Adjustments 312.0M 345.0M 313.0M 384.0M 375.0M
Common Stock Equity 2.8B 2.8B 2.7B 2.7B 2.6B
Stockholders Equity 2.8B 2.8B 2.7B 2.7B 2.6B
Total Equity Gross Minority Interest 2.8B 2.8B 2.7B 2.7B 2.6B
Minority Interest 0.00 0.00 0.00 -1.0M 13.0M
Total Capitalization 4.0B 4.0B 4.1B 4.1B 4.0B
Net Tangible Assets 2.4B 2.3B 2.2B 2.0B 1.9B
Tangible Book Value 2.4B 2.3B 2.2B 2.0B 1.9B
Working Capital 2.1B 2.2B 2.3B 2.1B 2.1B
Invested Capital 4.7B 5.2B 5.0B 5.0B 4.9B
Total Debt 2.3B 2.7B 2.5B 2.6B 2.6B
Net Debt 1.5B 2.1B 1.9B 1.9B 1.9B
Share Issued 130.9M 131.5M 132.7M 134.6M 136.0M
Ordinary Shares Number 130.9M 131.5M 132.7M 134.6M 136.0M
Allowance For Doubtful Accounts Receivable -48.0M -- -- -- -60.0M
Available For Sale Securities -- -- -- -- 10.0M
Buildings And Improvements 1.2B -- -- -- 1.2B
Capital Lease Obligations 412.0M 278.0M 226.0M 277.0M 340.0M
Current Capital Lease Obligation 88.0M -- -- -- 78.0M
Current Deferred Liabilities 594.0M 517.0M 559.0M 583.0M 567.0M
Current Provisions 63.0M -- -- -- 75.0M
Defined Pension Benefit 33.0M -- -- -- 27.0M
Employee Benefits 112.0M -- -- -- 91.0M
Gross Accounts Receivable 1.2B -- -- -- 1.3B
Income Tax Payable 51.0M -- -- -- 61.0M
Investmentin Financial Assets -- -- -- -- 10.0M
Investmentsin Joint Venturesat Cost 87.0M 101.0M 93.0M 96.0M 100.0M
Land And Improvements 85.0M -- -- -- 87.0M
Machinery Furniture Equipment 955.0M -- -- -- 1.0B
Non Current Deferred Assets 142.0M -- -- -- 84.0M
Non Current Deferred Liabilities 159.0M 118.0M 117.0M 128.0M 181.0M
Non Current Deferred Revenue 48.0M -- -- -- 43.0M
Non Current Deferred Taxes Assets 97.0M -- -- -- 84.0M
Non Current Deferred Taxes Liabilities 111.0M 118.0M 117.0M 128.0M 138.0M
Non Current Pension And Other Postretirement Benefit Plans 89.0M -- -- -- 79.0M
Non Current Prepaid Assets 38.0M -- -- -- 33.0M
Other Current Borrowings 698.0M -- -- -- 850.0M
Other Inventories 1.2B 1.3B 1.2B 1.1B 1.0B
Other Properties 917.0M 1.5B 1.5B 1.6B 783.0M
Other Receivables 639.0M 529.0M 515.0M 525.0M 636.0M
Pensionand Other Post Retirement Benefit Plans Current 49.0M -- -- -- 37.0M
Properties 0.00 -- -- -- 0.00
Raw Materials 1.2B 1.3B 1.3B 1.2B 1.1B
Taxes Receivable 32.0M -- -- -- 65.0M
Total Tax Payable 105.0M -- -- -- 119.0M
Work In Process 507.0M 572.0M 619.0M 570.0M 519.0M
Line Item Q4 2025Dec 31, 2025 Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024
Operating Cash Flow 724.0M -58.0M -127.0M 149.0M 441.0M
Cash Flow From Continuing Operating Activities 724.0M -58.0M -127.0M 149.0M 441.0M
Depreciation And Amortization 94.0M 95.0M 103.0M 100.0M 95.0M
Depreciation Amortization Depletion 94.0M 95.0M 103.0M 100.0M 95.0M
Stock Based Compensation 21.0M 10.0M 25.0M 7.0M -3.0M
Deferred Tax 37.0M 54.0M 51.0M 42.0M 50.0M
Deferred Income Tax 37.0M 54.0M 51.0M 42.0M 50.0M
Change In Working Capital 609.0M -328.0M -299.0M -21.0M 239.0M
Changes In Account Receivables 29.0M -115.0M 20.0M 26.0M -61.0M
Change In Receivables 77.0M -122.0M 14.0M -5.0M -35.0M
Change In Inventory 166.0M -49.0M -230.0M -265.0M 308.0M
Change In Payables And Accrued Expense 178.0M -82.0M -34.0M 256.0M -63.0M
Change In Other Current Assets 108.0M -31.0M -8.0M 4.0M 38.0M
Change In Other Current Liabilities 80.0M -44.0M -41.0M -11.0M -9.0M
Other Non Cash Items 76.0M -45.0M -187.0M -31.0M -10.0M
Capital Expenditure -93.0M -59.0M -30.0M -26.0M -44.0M
Purchase Of PPE -93.0M -59.0M -30.0M -26.0M -44.0M
Net PPE Purchase And Sale -82.0M 2.0M -16.0M -14.0M -42.0M
Purchase Of Business 0.00 0.00 -8.0M -- -1.0M
Sale Of Business 8.0M 9.0M 313.0M -- --
Sale Of Investment -- -- 0.00 0.00 --
Net Investment Purchase And Sale 0.00 -13.0M 0.00 0.00 0.00
Investing Cash Flow -56.0M -2.0M 289.0M -14.0M -43.0M
Cash Flow From Continuing Investing Activities -56.0M -2.0M 289.0M -14.0M -43.0M
Issuance Of Debt 0.00 0.00 0.00 94.0M 0.00
Repayment Of Debt -22.0M -19.0M -24.0M -22.0M -23.0M
Net Issuance Payments Of Debt -516.0M 40.0M 33.0M 72.0M -343.0M
Repurchase Of Capital Stock -49.0M -75.0M -100.0M -66.0M -75.0M
Net Common Stock Issuance -49.0M -75.0M -100.0M -66.0M -75.0M
Common Stock Dividend Paid -39.0M -40.0M -40.0M -37.0M -38.0M
Common Stock Payments -49.0M -75.0M -100.0M -66.0M -75.0M
Financing Cash Flow -604.0M -75.0M -107.0M -31.0M -456.0M
Cash Flow From Continuing Financing Activities -604.0M -75.0M -107.0M -31.0M -456.0M
Effect Of Exchange Rate Changes -7.0M 16.0M -57.0M 13.0M 76.0M
Changes In Cash 64.0M -135.0M 55.0M 104.0M -58.0M
Beginning Cash Position 312.0M 431.0M 433.0M 316.0M 298.0M
End Cash Position 369.0M 312.0M 431.0M 433.0M 316.0M
Free Cash Flow 631.0M -117.0M -157.0M 123.0M 397.0M
Asset Impairment Charge 22.0M 0.00 3.0M 45.0M -1.0M
Cash Dividends Paid -39.0M -40.0M -40.0M -37.0M -38.0M
Earnings Losses From Equity Investments -5.0M -6.0M 0.00 1.0M -4.0M
Gain Loss On Sale Of Business -- -- -157.0M -- 0.00
Gain Loss On Sale Of PPE -167.0M 82.0M -3.0M -1.0M 1.0M
Interest Paid Cfo -36.0M -33.0M -40.0M -39.0M -40.0M
Long Term Debt Issuance 0.00 0.00 0.00 0.00 0.00
Long Term Debt Payments -22.0M -19.0M -24.0M -22.0M -23.0M
Net Business Purchase And Sale 8.0M 9.0M 305.0M -- -1.0M
Net Income From Continuing Operations 115.0M 154.0M 283.0M 90.0M 140.0M
Net Long Term Debt Issuance -22.0M -19.0M -24.0M -22.0M -23.0M
Net Other Financing Charges -- -- -- -- 0.00
Net Short Term Debt Issuance -494.0M 59.0M 57.0M 94.0M -320.0M
Operating Gains Losses -167.0M 80.0M 2.0M 4.0M 2.0M
Pension And Employee Benefit Expense 5.0M 4.0M 5.0M 4.0M 5.0M
Sale Of PPE 11.0M 61.0M 14.0M 12.0M 2.0M
Short Term Debt Issuance -- -- -- 94.0M --
Taxes Refund Paid -47.0M -45.0M -68.0M -48.0M -31.0M
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