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TMX Group stock: key metrics
X.TOTMX Group had an operating margin of 44.9% and a return on invested capital (ROIC) of 8.9% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 93.8% | 58.0% | 37.3% |
| 2007 | 93.8% | 57.2% | 35.0% |
| 2008 | 100.0% | 57.3% | 34.2% |
| 2009 | 100.0% | 50.6% | 18.7% |
| 2010 | 100.0% | 54.2% | 38.0% |
| 2011 | no data | no data | no data |
| 2012 | 62.9% | 39.1% | 5.1% |
| 2013 | 60.2% | 36.8% | 17.7% |
| 2014 | 61.4% | 38.8% | 14.0% |
| 2015 | 58.7% | 34.1% | −7.3% |
| 2016 | 63.4% | 40.8% | 28.7% |
| 2017 | 66.7% | 44.7% | no data |
| 2018 | 66.8% | 45.0% | 34.8% |
| 2019 | 67.8% | 47.4% | 30.7% |
| 2020 | 67.1% | 48.1% | 32.3% |
| 2021 | 67.6% | 50.1% | 34.5% |
| 2022 | 67.2% | 46.9% | 48.7% |
| 2023 | 65.3% | 45.2% | 29.8% |
| 2024 | 65.7% | 44.0% | 33.0% |
| 2025 | 65.5% | 44.9% | 24.2% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 58.0% | 21.7% | 8.4% |
| 2007 | 86.5% | 24.5% | 9.8% |
| 2008 | 22.9% | 15.1% | 4.9% |
| 2009 | 13.6% | 21.7% | 3.0% |
| 2010 | 22.2% | 26.4% | 8.0% |
| 2011 | −3.1% | 0.0% | −1.1% |
| 2012 | 0.5% | 3.4% | 0.1% |
| 2013 | 4.3% | 5.5% | 0.8% |
| 2014 | 3.5% | 4.2% | 0.7% |
| 2015 | −1.9% | 5.1% | −0.3% |
| 2016 | 6.7% | 5.7% | 0.9% |
| 2017 | no data | 5.2% | no data |
| 2018 | 8.5% | 6.8% | 0.9% |
| 2019 | 7.1% | 6.6% | 0.8% |
| 2020 | 7.7% | 6.9% | 0.8% |
| 2021 | 9.1% | 6.2% | 0.5% |
| 2022 | 13.6% | 7.6% | 1.0% |
| 2023 | 8.7% | 6.4% | 0.6% |
| 2024 | 10.5% | 8.7% | 1.2% |
| 2025 | 8.7% | 8.9% | 0.8% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CA$1.4249)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 5 Nov 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.