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Martinrea International Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Total Revenue 1.2B 1.3B 1.2B 1.2B 1.2B
Operating Revenue 1.2B 1.3B 1.2B 1.2B 1.2B
Cost Of Revenue 1.0B 1.1B 1.0B 1.0B 1.1B
Gross Profit 170.0M 184.5M 151.6M 129.0M 163.3M
Selling General And Administration 89.6M 83.1M 75.3M 74.4M 82.4M
Research And Development 11.2M 11.4M 10.6M 10.2M 10.9M
Depreciation And Amortization In Income Statement 4.0M 3.9M 3.8M 4.3M 4.0M
Operating Expense 104.8M 98.3M 89.6M 88.9M 97.2M
Operating Income 65.2M 86.2M 62.0M 40.1M 66.1M
EBIT 61.6M 70.1M 42.1M -92.4M 66.3M
Interest Expense 16.0M 16.8M 16.7M 17.5M 18.8M
Interest Expense Non Operating 16.0M 16.8M 16.7M 17.5M 18.8M
Interest Income -- -- -- 964,000 --
Interest Income Non Operating -- -- -- 964,000 --
Net Interest Income -16.2M -16.8M -16.8M -16.5M -19.1M
Other Income Expense -3.4M -16.1M -19.8M -133.4M 346,000
Special Income Charges -2.7M -13.9M -16.9M -130.5M -262,000
Restructuring And Mergern Acquisition 2.5M 13.8M 16.8M 1.0M 0.00
Gain On Sale Of Security -31,000 -1.7M -2.1M -2.2M 1.3M
Earnings From Equity Interest -662,000 -538,000 -797,000 -757,000 -690,000
Pretax Income 45.6M 53.3M 25.4M -109.9M 47.4M
Tax Provision 9.9M 15.2M 7.9M 23.4M 33.3M
Tax Effect Of Unusual Items -587,658 -4.4M -5.9M -19.9M 155,400
Net Income From Continuing And Discontinued Operation 35.8M 38.1M 17.5M -133.3M 14.2M
Net Income From Continuing Operation Net Minority Interest 35.8M 38.1M 17.5M -133.3M 14.2M
Net Income Including Noncontrolling Interests 35.8M 38.1M 17.5M -133.3M 14.2M
Net Income Common Stockholders 35.8M 38.1M 17.5M -133.3M 14.2M
Net Income 35.8M 38.1M 17.5M -133.3M 14.2M
EBITDA 136.8M 149.3M 121.0M -826,000 154.3M
Normalized EBITDA 139.5M 164.8M 140.0M 131.9M 153.2M
Reconciled Depreciation 75.2M 79.2M 78.9M 91.6M 88.0M
Basic EPS 0.49 0.52 0.24 -- 0.19
Diluted EPS 0.49 0.52 0.24 -- 0.19
Basic Average Shares 72.8M 72.8M 72.8M -- 74.6M
Diluted Average Shares 72.8M 72.8M 72.8M -- 74.6M
Total Unusual Items -2.7M -15.6M -19.0M -132.7M 1.0M
Total Unusual Items Excluding Goodwill -2.7M -15.6M -19.0M -132.7M 1.0M
Tax Rate For Calcs 0.22 0.29 0.31 0.15 0.15
Normalized Income 37.9M 49.2M 30.6M -20.5M 13.3M
Depreciation Amortization Depletion Income Statement 4.0M 3.9M 3.8M 4.3M 4.0M
Depreciation Income Statement 4.0M 3.9M 3.8M 4.3M 4.0M
Diluted NI Availto Com Stockholders 35.8M 38.1M 17.5M -133.3M 14.2M
Gain On Sale Of Business -- -- -- 0.00 0.00
Gain On Sale Of Ppe -176,000 -86,000 -49,000 -22,000 -262,000
Net Income Continuous Operations 35.8M 38.1M 17.5M -133.3M 14.2M
Net Non Operating Interest Income Expense -16.2M -16.8M -16.8M -16.5M -19.1M
Reconciled Cost Of Revenue 949.6M 1.0B 941.5M 934.6M 990.1M
Total Expenses 1.1B 1.2B 1.1B 1.1B 1.2B
Total Operating Income As Reported 62.5M 72.3M 45.1M -90.4M 65.9M
Total Other Finance Cost 214,000 10,000 114,000 -- 214,000
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 143.0M 160.0M 148.5M 168.0M 177.3M
Cash Cash Equivalents And Short Term Investments 143.0M 160.0M 148.5M 168.0M 177.3M
Cash Financial -- -- -- 168.0M --
Accounts Receivable 680.4M 692.2M 686.7M 571.1M 758.4M
Receivables 782.7M 782.0M 749.6M 624.0M 835.7M
Inventory 519.3M 475.0M 522.2M 508.2M 564.6M
Prepaid Assets 44.9M 35.6M 29.8M 33.6M 35.6M
Current Assets 1.5B 1.5B 1.5B 1.3B 1.6B
Gross PPE 4.9B 4.7B 4.8B 4.8B 4.5B
Accumulated Depreciation -2.8B -2.6B -2.7B -2.6B -2.4B
Net PPE 2.1B 2.1B 2.1B 2.2B 2.2B
Goodwill And Other Intangible Assets 38.2M 39.1M 37.3M 37.5M 40.2M
Other Intangible Assets -- -- -- 37.5M --
Investments And Advances 64.6M 65.2M 65.5M 65.4M 66.1M
Long Term Equity Investment 62.5M 63.1M -- 51.5M --
Other Investments 2.1M 2.1M -- 850,000 --
Total Non Current Assets 2.4B 2.4B 2.5B 2.5B 2.5B
Total Assets 3.9B 3.8B 3.9B 3.8B 4.1B
Current Debt 16.1M 14.9M 16.1M 10.4M 11.3M
Current Debt And Capital Lease Obligation 72.8M 69.5M 72.1M 64.7M 63.5M
Accounts Payable 1.1B 1.1B 1.1B 1.0B 1.2B
Payables 1.1B 1.1B 1.1B 1.1B 1.2B
Payables And Accrued Expenses 1.1B 1.1B 1.1B 1.1B 1.2B
Other Current Liabilities -- -- -- -- --
Current Liabilities 1.2B 1.2B 1.2B 1.1B 1.3B
Long Term Debt 895.0M 937.5M 997.4M 971.0M 986.1M
Long Term Debt And Capital Lease Obligation 1.1B 1.1B 1.2B 1.2B 1.2B
Long Term Capital Lease Obligation 184.9M 170.7M 186.0M 189.2M 192.2M
Total Non Current Liabilities Net Minority Interest 1.2B 1.2B 1.3B 1.2B 1.2B
Total Liabilities Net Minority Interest 2.4B 2.4B 2.4B 2.4B 2.6B
Common Stock 601.2M 601.2M 601.2M 601.2M 611.1M
Capital Stock 601.2M 601.2M 601.2M 601.2M 611.1M
Additional Paid In Capital 46.6M 46.4M 46.2M 46.1M 46.0M
Retained Earnings 690.3M 658.2M 623.4M 609.0M 749.1M
Gains Losses Not Affecting Retained Earnings 197.6M 167.2M 211.2M 210.8M 139.9M
Other Equity Adjustments 197.6M 167.2M 211.2M 210.8M 139.9M
Common Stock Equity 1.5B 1.5B 1.5B 1.5B 1.5B
Stockholders Equity 1.5B 1.5B 1.5B 1.5B 1.5B
Total Equity Gross Minority Interest 1.5B 1.5B 1.5B 1.5B 1.5B
Total Capitalization 2.4B 2.4B 2.5B 2.4B 2.5B
Net Tangible Assets 1.5B 1.4B 1.4B 1.4B 1.5B
Tangible Book Value 1.5B 1.4B 1.4B 1.4B 1.5B
Working Capital 254.1M 267.3M 280.4M 214.5M 303.9M
Invested Capital 2.4B 2.4B 2.5B 2.4B 2.5B
Total Debt 1.2B 1.2B 1.3B 1.2B 1.2B
Net Debt 768.1M 792.4M 864.9M 813.5M 820.1M
Share Issued 72.8M 72.8M 72.8M 72.8M 74.0M
Ordinary Shares Number 72.8M 72.8M 72.8M 72.8M 74.0M
Buildings And Improvements 372.4M 341.3M 354.7M 344.3M 328.4M
Capital Lease Obligations 241.6M 225.4M 241.9M 243.4M 244.4M
Construction In Progress 224.1M 201.1M 224.9M 232.8M 302.2M
Current Capital Lease Obligation 56.7M 54.7M 55.9M 54.2M 52.2M
Current Provisions 26.2M 27.6M 19.1M 6.9M 8.8M
Defined Pension Benefit 18.6M 18.6M 18.3M 17.5M 17.0M
Employee Benefits 40.8M 40.4M 40.8M 40.4M 40.1M
Finished Goods 53.7M 43.4M 45.2M 51.1M 48.7M
Hedging Assets Current 192,000 674,000 452,000 2.3M 913,000
Held To Maturity Securities -- -- -- 13.1M --
Income Tax Payable 20.2M 10.4M 16.7M 25.3M 52.4M
Investmentin Financial Assets -- -- -- 13.1M --
Investments In Other Ventures Under Equity Method 13.1M 13.1M -- -- --
Investmentsin Associatesat Cost 49.4M 50.0M -- 51.5M --
Land And Improvements 276.0M 268.5M 265.0M 261.9M 246.4M
Leases 97.5M 95.9M 97.9M 94.5M 89.6M
Machinery Furniture Equipment 41.4M 40.7M 41.6M 40.6M 36.7M
Non Current Deferred Assets 215.7M 210.4M 197.9M 199.5M 193.2M
Non Current Deferred Liabilities 33.0M 34.8M 28.0M 31.7M 26.1M
Non Current Deferred Taxes Assets 215.7M 210.4M 197.9M 199.5M 193.2M
Non Current Deferred Taxes Liabilities 33.0M 34.8M 28.0M 31.7M 26.1M
Non Current Pension And Other Postretirement Benefit Plans 40.8M 40.4M 40.8M 40.4M 40.1M
Other Current Borrowings 16.1M 14.9M 16.1M 10.4M 11.3M
Other Properties 3.8B 3.7B 3.9B 3.8B 3.5B
Other Receivables 79.1M 72.6M 44.7M 40.1M 41.7M
Raw Materials 253.7M 243.7M 267.0M 256.2M 262.3M
Taxes Receivable 23.3M 17.2M 18.2M 12.8M 35.6M
Total Tax Payable 20.2M 10.4M 16.7M 25.3M 52.4M
Work In Process 211.8M 187.9M 210.0M 200.9M 253.5M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow 107.5M 132.5M 28.4M 154.0M 131.9M
Cash Flow From Continuing Operating Activities 107.5M 132.5M 28.4M 154.0M 131.9M
Depreciation And Amortization 75.2M 79.2M 78.9M 91.6M 88.0M
Depreciation Amortization Depletion 75.2M 79.2M 78.9M 91.6M 88.0M
Stock Based Compensation 10.2M 5.4M -2.9M -1.8M 2.9M
Deferred Tax 9.9M 15.2M 7.9M 23.4M 33.3M
Deferred Income Tax 9.9M 15.2M 7.9M 23.4M 33.3M
Change In Working Capital -14.5M 24.5M -46.1M 66.3M 1.7M
Change In Receivables 18.4M -50.8M -115.7M 217.9M -2.7M
Change In Inventory -36.2M 36.8M -12.1M 74.7M 12.2M
Change In Payables And Accrued Expense 11.9M 45.0M 77.8M -229.3M -5.5M
Change In Payable 11.9M 45.0M 77.8M -229.3M -5.5M
Other Non Cash Items 16.0M 16.8M 16.7M 17.5M 18.8M
Capital Expenditure -56.6M -64.3M -63.9M -86.5M -82.3M
Purchase Of PPE -55.9M -59.4M -62.2M -83.8M -80.8M
Net PPE Purchase And Sale -55.7M -58.8M -62.2M -83.8M -76.7M
Purchase Of Investment -22,000 -190,000 -1.1M 0.00 0.00
Net Investment Purchase And Sale -22,000 -190,000 -1.1M 0.00 0.00
Investing Cash Flow -56.5M -63.9M -64.9M -86.4M -78.1M
Cash Flow From Continuing Investing Activities -56.5M -63.9M -64.9M -86.4M -78.1M
Issuance Of Debt -- -- 38.5M -- --
Repayment Of Debt -63.8M -50.6M -17.2M -46.5M -43.5M
Net Issuance Payments Of Debt -63.8M -50.6M 21.3M -65.3M -43.5M
Repurchase Of Capital Stock 0.00 0.00 0.00 -11.9M -9.5M
Net Common Stock Issuance 0.00 0.00 0.00 -11.9M -9.5M
Common Stock Dividend Paid -- -- -3.6M -3.7M -3.7M
Common Stock Payments 0.00 0.00 0.00 -11.9M -9.5M
Financing Cash Flow -67.4M -54.3M 17.6M -80.9M -56.7M
Cash Flow From Continuing Financing Activities -67.4M -54.3M 17.6M -80.9M -56.7M
Effect Of Exchange Rate Changes -698,000 -2.9M -535,000 4.0M -1.2M
Changes In Cash -16.3M 14.4M -18.9M -13.3M -3.0M
Beginning Cash Position 160.0M 148.5M 168.0M 177.3M 181.4M
End Cash Position 143.0M 160.0M 148.5M 168.0M 177.3M
Free Cash Flow 50.9M 68.2M -35.5M 67.5M 49.6M
Amortization Cash Flow 2.2M 2.0M 1.8M 2.9M 3.1M
Amortization Of Intangibles 2.2M 2.0M 1.8M 2.9M 3.1M
Capital Expenditure Reported -754,000 -4.9M -1.7M -2.6M -1.5M
Cash Dividends Paid -3.6M -3.6M -3.6M -3.7M -3.7M
Change In Account Payable 11.9M 45.0M 77.8M -229.3M -5.5M
Change In Prepaid Assets -8.5M -6.5M 3.8M 3.0M -2.2M
Depreciation 73.0M 77.2M 77.1M 88.7M 84.9M
Earnings Losses From Equity Investments 662,000 538,000 797,000 757,000 690,000
Gain Loss On Investment Securities 482,000 -222,000 -452,000 -1.4M -4.4M
Gain Loss On Sale Of Business -- -- -- 0.00 0.00
Gain Loss On Sale Of PPE 176,000 86,000 49,000 22,000 262,000
Interest Paid Cfo -17.5M -18.5M -18.1M -20.6M -21.8M
Long Term Debt Issuance -- -- 38.5M -- --
Long Term Debt Payments -63.8M -50.6M -17.2M -46.5M -43.5M
Net Income From Continuing Operations 35.8M 38.1M 17.5M -133.3M 14.2M
Net Long Term Debt Issuance -63.8M -50.6M 21.3M -65.3M -43.5M
Operating Gains Losses 1.1M 439,000 408,000 -2.5M -3.3M
Pension And Employee Benefit Expense -176,000 37,000 14,000 -1.9M 82,000
Proceeds From Stock Option Exercised 0.00 0.00 -- 0.00 0.00
Sale Of PPE 189,000 614,000 36,000 72,000 4.1M
Taxes Refund Paid -8.6M -28.6M -25.9M -16.1M -1.8M
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