IGM Financial Inc
TSX:IGM

Watchlist Manager
IGM Financial Inc Logo
IGM Financial Inc
TSX:IGM
Watchlist
Price: 67.05 CAD 1.06% Market Closed
Market Cap: 15.8B CAD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+5%
5Y
+20%
10Y
+28%
Operating Income
+
3Y
+11%
5Y
+34%
10Y
+30%
Net Income
+
3Y
+13%
5Y
+42%
10Y
+38%

Earnings Waterfall
IGM Financial Inc

Revenue
3.7B CAD
Cost of Revenue
-1.6B CAD
Gross Profit
2.2B CAD
Operating Expenses
-955.8m CAD
Operating Income
1.2B CAD
Other Expenses
-185.6m CAD
Net Income
1B CAD

Income Statement
IGM Financial Inc

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Income Statement
Currency: CAD
Dec-2001 Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
73
93
88
82
80
80
82
81
85
88
91
95
96
94
93
92
90
90
89
89
88
88
88
88
88
88
88
88
91
95
106
117
125
126
121
116
111
114
113
108
103
95
92
92
92
92
92
92
92
92
92
92
92
92
92
92
92
92
92
92
92
96
102
108
114
118
118
126
121
116
115
105
108
110
110
110
111
111
112
113
114
114
114
113
113
113
115
119
123
127
130
129
129
129
129
0
Revenue
1 761
N/A
1 987
+13%
2 014
+1%
1 986
-1%
1 940
-2%
1 895
-2%
1 854
-2%
1 854
N/A
1 874
+1%
1 940
+4%
2 003
+3%
2 056
+3%
2 119
+3%
2 172
+2%
2 228
+3%
2 287
+3%
2 348
+3%
2 421
+3%
2 478
+2%
2 534
+2%
2 605
+3%
2 679
+3%
2 764
+3%
2 852
+3%
2 895
+2%
2 889
0%
2 887
0%
2 866
-1%
2 668
-7%
2 517
-6%
2 388
-5%
2 305
-3%
2 328
+1%
2 421
+4%
2 455
+1%
2 469
+1%
2 546
+3%
2 655
+4%
2 710
+2%
2 722
+0%
2 653
-3%
2 631
-1%
2 572
-2%
2 533
-2%
2 505
-1%
2 485
-1%
2 510
+1%
2 541
+1%
2 596
+2%
2 658
+2%
2 709
+2%
2 790
+3%
2 831
+1%
2 870
+1%
2 908
+1%
2 908
+0%
2 917
+0%
2 877
-1%
2 864
0%
2 889
+1%
2 941
+2%
3 007
+2%
3 065
+2%
3 063
0%
3 058
0%
3 068
+0%
3 068
0%
3 112
+1%
3 099
0%
3 084
0%
3 089
+0%
3 081
0%
3 116
+1%
3 125
+0%
3 070
-2%
3 105
+1%
3 151
+1%
3 231
+3%
3 380
+5%
3 483
+3%
3 588
+3%
3 643
+2%
3 617
-1%
3 549
-2%
3 149
-11%
3 342
+6%
3 289
-2%
3 246
-1%
3 186
-2%
3 245
+2%
3 292
+1%
3 360
+2%
3 492
+4%
3 557
+2%
3 626
+2%
3 727
+3%
Gross Profit
Cost of Revenue
(491)
(531)
(530)
(514)
(498)
(482)
(468)
(466)
(475)
(503)
(541)
(579)
(617)
(649)
(673)
(701)
(727)
(753)
(782)
(803)
(833)
(862)
(892)
(925)
(947)
(951)
(949)
(941)
(906)
(864)
(826)
(801)
(809)
(830)
(845)
(847)
(855)
(875)
(892)
(903)
(895)
(883)
(868)
(859)
(858)
(855)
(860)
(870)
(886)
(911)
(938)
(968)
(993)
(1 016)
(1 038)
(1 052)
(1 062)
(1 057)
(1 056)
(1 066)
(1 090)
(1 118)
(1 135)
(1 138)
(1 143)
(1 139)
(1 125)
(1 119)
(1 099)
(1 087)
(1 093)
(1 149)
(1 343)
(1 273)
(1 309)
(1 307)
(1 323)
(1 358)
(1 420)
(1 476)
(1 514)
(1 545)
(1 552)
(1 539)
(1 290)
(1 444)
(1 396)
(1 361)
(1 320)
(1 341)
(1 368)
(1 397)
(1 450)
(1 491)
(1 518)
(1 553)
Gross Profit
1 270
N/A
1 456
+15%
1 483
+2%
1 472
-1%
1 442
-2%
1 414
-2%
1 386
-2%
1 388
+0%
1 399
+1%
1 437
+3%
1 462
+2%
1 477
+1%
1 502
+2%
1 523
+1%
1 555
+2%
1 587
+2%
1 621
+2%
1 668
+3%
1 697
+2%
1 731
+2%
1 772
+2%
1 817
+3%
1 873
+3%
1 928
+3%
1 948
+1%
1 938
-1%
1 938
+0%
1 925
-1%
1 762
-8%
1 653
-6%
1 562
-6%
1 503
-4%
1 519
+1%
1 591
+5%
1 610
+1%
1 622
+1%
1 691
+4%
1 780
+5%
1 818
+2%
1 819
+0%
1 758
-3%
1 748
-1%
1 704
-3%
1 674
-2%
1 647
-2%
1 630
-1%
1 650
+1%
1 670
+1%
1 710
+2%
1 747
+2%
1 770
+1%
1 822
+3%
1 838
+1%
1 854
+1%
1 870
+1%
1 856
-1%
1 855
0%
1 820
-2%
1 808
-1%
1 823
+1%
1 851
+2%
1 889
+2%
1 930
+2%
1 925
0%
1 916
0%
1 929
+1%
1 943
+1%
1 993
+3%
2 001
+0%
1 997
0%
1 996
0%
1 932
-3%
1 773
-8%
1 851
+4%
1 761
-5%
1 798
+2%
1 827
+2%
1 874
+3%
1 960
+5%
2 007
+2%
2 074
+3%
2 098
+1%
2 065
-2%
2 010
-3%
1 860
-7%
1 898
+2%
1 892
0%
1 886
0%
1 866
-1%
1 904
+2%
1 925
+1%
1 964
+2%
2 042
+4%
2 066
+1%
2 108
+2%
2 175
+3%
Operating Income
Operating Expenses
(576)
(750)
(626)
(574)
(535)
(520)
(507)
(504)
(494)
(461)
(467)
(511)
(544)
(550)
(559)
(568)
(555)
(562)
(568)
(567)
(573)
(581)
(594)
(614)
(623)
(633)
(642)
(642)
(648)
(639)
(635)
(628)
(614)
(606)
(599)
(609)
(634)
(624)
(638)
(665)
(637)
(642)
(649)
(655)
(669)
(675)
(687)
(697)
(730)
(748)
(777)
(794)
(878)
(895)
(900)
(918)
(883)
(897)
(913)
(930)
(916)
(935)
(922)
(936)
(922)
(1 119)
(1 152)
(1 182)
(1 021)
(1 065)
(1 072)
(1 001)
(801)
(871)
(813)
(891)
(902)
(916)
(930)
(874)
(888)
(898)
(906)
(911)
(850)
(897)
(987)
(977)
(971)
(975)
(885)
(903)
(916)
(931)
(941)
(955)
Selling, General & Administrative
(504)
(583)
(574)
(549)
(535)
(520)
(507)
(504)
(494)
(501)
(506)
(511)
(544)
(550)
(559)
(568)
(555)
(562)
(568)
(567)
(573)
(581)
(594)
(614)
(623)
(633)
(642)
(642)
(648)
(639)
(635)
(628)
(614)
(606)
(599)
(600)
(336)
(616)
(630)
(636)
(344)
(647)
(654)
(660)
(371)
(675)
(687)
(697)
(400)
(748)
(777)
(795)
(513)
(895)
(900)
(918)
(465)
(897)
(913)
(930)
(496)
(935)
(922)
(936)
(471)
(1 119)
(1 152)
(1 182)
(538)
(1 065)
(1 072)
(1 001)
(801)
(871)
(813)
(891)
(902)
(916)
(930)
(874)
(888)
(898)
(906)
(911)
(850)
(897)
(987)
(977)
(971)
(975)
(885)
(903)
(916)
(932)
(942)
(956)
Depreciation & Amortization
(72)
0
(52)
(25)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(32)
0
0
0
(33)
0
0
0
(34)
0
0
0
(32)
0
0
0
(34)
0
0
0
(39)
0
0
0
(43)
0
0
0
(56)
0
0
0
(56)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
0
(168)
0
0
0
0
0
0
0
40
40
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(8)
(267)
(8)
(8)
(29)
(261)
5
5
5
(264)
0
0
0
(298)
0
0
0
(330)
0
0
0
(379)
0
0
0
(377)
0
0
0
(395)
0
0
0
(427)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Operating Income
694
N/A
706
+2%
858
+21%
898
+5%
907
+1%
894
-1%
879
-2%
884
+1%
905
+2%
975
+8%
995
+2%
966
-3%
958
-1%
973
+2%
996
+2%
1 018
+2%
1 066
+5%
1 106
+4%
1 129
+2%
1 164
+3%
1 198
+3%
1 236
+3%
1 279
+3%
1 313
+3%
1 325
+1%
1 305
-2%
1 297
-1%
1 283
-1%
1 114
-13%
1 014
-9%
927
-9%
875
-6%
905
+3%
985
+9%
1 011
+3%
1 013
+0%
1 057
+4%
1 156
+9%
1 180
+2%
1 154
-2%
1 121
-3%
1 106
-1%
1 056
-5%
1 019
-3%
978
-4%
955
-2%
963
+1%
973
+1%
980
+1%
999
+2%
994
0%
1 027
+3%
961
-6%
959
0%
970
+1%
939
-3%
972
+4%
923
-5%
895
-3%
893
0%
935
+5%
955
+2%
1 008
+6%
990
-2%
994
+0%
810
-18%
791
-2%
810
+2%
980
+21%
932
-5%
924
-1%
931
+1%
972
+4%
981
+1%
948
-3%
907
-4%
926
+2%
958
+4%
1 030
+8%
1 133
+10%
1 185
+5%
1 200
+1%
1 159
-3%
1 099
-5%
1 010
-8%
1 001
-1%
906
-10%
909
+0%
895
-2%
929
+4%
1 039
+12%
1 060
+2%
1 126
+6%
1 134
+1%
1 166
+3%
1 219
+5%
Pre-Tax Income
Interest Income Expense
(73)
(93)
(88)
(82)
(80)
(80)
(82)
(81)
(85)
(88)
(91)
(95)
(96)
(94)
(93)
(92)
(90)
(90)
(89)
(89)
(88)
(88)
(88)
(88)
(88)
(88)
(88)
(88)
(91)
(95)
(106)
(117)
(125)
(126)
(121)
(116)
(49)
(97)
(78)
(52)
(23)
(37)
(35)
(36)
(20)
(20)
(16)
(13)
2
2
5
6
4
11
16
18
19
21
15
15
12
8
(2)
(9)
(19)
(12)
6
12
29
29
13
12
(3)
(18)
5
20
40
61
64
76
82
89
91
82
98
281
281
269
250
65
63
81
83
88
96
117
Non-Reccuring Items
(96)
0
0
0
0
0
0
15
40
0
0
25
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(29)
(29)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(191)
0
0
0
(23)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
526
N/A
613
+17%
770
+26%
815
+6%
827
+1%
814
-2%
797
-2%
818
+3%
859
+5%
887
+3%
905
+2%
896
-1%
863
-4%
879
+2%
903
+3%
926
+3%
975
+5%
1 016
+4%
1 039
+2%
1 076
+3%
1 110
+3%
1 148
+3%
1 190
+4%
1 225
+3%
1 237
+1%
1 216
-2%
1 208
-1%
1 195
-1%
1 023
-14%
919
-10%
821
-11%
759
-8%
780
+3%
859
+10%
890
+4%
897
+1%
1 008
+12%
1 029
+2%
1 073
+4%
1 102
+3%
1 097
0%
1 069
-3%
1 020
-5%
983
-4%
958
-3%
935
-2%
947
+1%
960
+1%
981
+2%
1 001
+2%
999
0%
1 033
+3%
965
-7%
969
+0%
986
+2%
956
-3%
991
+4%
944
-5%
910
-4%
908
0%
947
+4%
963
+2%
1 007
+5%
981
-3%
785
-20%
798
+2%
796
0%
822
+3%
986
+20%
961
-3%
937
-2%
943
+1%
969
+3%
963
-1%
954
-1%
927
-3%
965
+4%
1 019
+6%
1 094
+7%
1 209
+10%
1 268
+5%
1 290
+2%
1 250
-3%
1 181
-6%
1 107
-6%
1 282
+16%
1 186
-7%
1 177
-1%
1 144
-3%
994
-13%
1 102
+11%
1 142
+4%
1 210
+6%
1 223
+1%
1 262
+3%
1 337
+6%
Net Income
Tax Provision
(253)
(282)
(332)
(336)
(317)
(300)
(285)
(277)
(299)
(304)
(304)
(301)
(265)
(268)
(276)
(278)
(292)
(307)
(299)
(320)
(331)
(343)
(371)
(377)
(355)
(334)
(327)
(309)
(293)
(266)
(240)
(233)
(221)
(238)
(235)
(235)
(269)
(272)
(279)
(268)
(251)
(235)
(227)
(217)
(191)
(185)
(179)
(184)
(211)
(216)
(215)
(223)
(203)
(202)
(210)
(201)
(210)
(197)
(188)
(188)
(168)
(174)
(189)
(188)
(174)
(179)
(174)
(176)
(210)
(203)
(200)
(204)
(220)
(223)
(215)
(200)
(201)
(213)
(234)
(268)
(287)
(291)
(281)
(266)
(246)
(250)
(226)
(223)
(215)
(219)
(247)
(257)
(277)
(279)
(287)
(303)
Income from Continuing Operations
273
331
438
479
510
513
512
541
560
583
601
595
598
611
627
649
684
708
741
756
779
804
820
847
882
882
882
886
731
653
582
525
559
621
654
662
739
758
794
834
847
835
793
767
768
749
769
776
771
785
784
810
762
768
776
756
781
747
722
720
779
789
817
793
611
619
622
647
776
758
737
739
749
740
739
727
765
806
860
941
981
999
969
915
861
1 032
960
955
929
775
855
883
933
943
975
1 033
Income to Minority Interest
(0)
0
0
0
0
0
0
0
0
0
(0)
(1)
(1)
(2)
(2)
(2)
(1)
(1)
(2)
(2)
(2)
(2)
(2)
(3)
(3)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(0)
(1)
(1)
(2)
(3)
(3)
(4)
(5)
(6)
(5)
(4)
(4)
(4)
(4)
(5)
(4)
(4)
(5)
(5)
Equity Earnings Affiliates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
260
N/A
312
+20%
416
+33%
457
+10%
491
+8%
494
+1%
493
0%
524
+6%
539
+3%
567
+5%
591
+4%
589
0%
596
+1%
609
+2%
625
+3%
647
+4%
682
+5%
707
+4%
740
+5%
754
+2%
777
+3%
802
+3%
817
+2%
844
+3%
879
+4%
880
+0%
905
+3%
885
-2%
731
-17%
653
-11%
557
-15%
525
-6%
559
+6%
617
+10%
649
+5%
655
+1%
731
+12%
751
+3%
789
+5%
860
+9%
901
+5%
887
-1%
845
-5%
788
-7%
759
-4%
741
-2%
760
+3%
767
+1%
762
-1%
776
+2%
775
0%
802
+3%
753
-6%
759
+1%
767
+1%
747
-3%
772
+3%
738
-4%
713
-3%
711
0%
771
+8%
781
+1%
809
+4%
784
-3%
602
-23%
610
+1%
613
+0%
638
+4%
767
+20%
749
-2%
731
-2%
735
+1%
747
+2%
740
-1%
739
0%
727
-2%
764
+5%
806
+5%
860
+7%
940
+9%
979
+4%
996
+2%
966
-3%
911
-6%
867
-5%
1 029
+19%
960
-7%
954
-1%
1 149
+20%
991
-14%
1 069
+8%
1 098
+3%
934
-15%
944
+1%
974
+3%
1 034
+6%
EPS (Diluted)
1.05
N/A
1.18
+12%
1.57
+33%
1.73
+10%
1.85
+7%
1.86
+1%
1.86
N/A
1.97
+6%
2.03
+3%
2.15
+6%
2.23
+4%
2.22
0%
2.24
+1%
2.28
+2%
2.34
+3%
2.42
+3%
2.56
+6%
2.64
+3%
2.76
+5%
2.82
+2%
2.9
+3%
3.01
+4%
3.07
+2%
3.17
+3%
3.29
+4%
3.3
+0%
3.4
+3%
3.33
-2%
2.76
-17%
2.47
-11%
2.11
-15%
1.99
-6%
2.12
+7%
2.33
+10%
2.45
+5%
2.48
+1%
2.77
+12%
2.88
+4%
3.04
+6%
3.32
+9%
3.47
+5%
3.44
-1%
3.29
-4%
3.08
-6%
2.97
-4%
2.92
-2%
3.01
+3%
3.05
+1%
3.02
-1%
3.08
+2%
3.07
0%
3.17
+3%
2.98
-6%
3.01
+1%
3.08
+2%
3.02
-2%
3.11
+3%
3.03
-3%
2.95
-3%
2.94
0%
3.19
+9%
3.25
+2%
3.36
+3%
3.26
-3%
2.5
-23%
2.53
+1%
2.55
+1%
2.65
+4%
3.18
+20%
3.12
-2%
3.04
-3%
3.07
+1%
3.12
+2%
3.1
-1%
3.06
-1%
3.05
0%
3.21
+5%
3.38
+5%
3.6
+7%
3.9
+8%
4.08
+5%
4.14
+1%
4.03
-3%
3.83
-5%
3.63
-5%
4.31
+19%
4.01
-7%
3.99
0%
4.81
+21%
4.16
-14%
4.5
+8%
4.63
+3%
3.91
-16%
3.95
+1%
4.1
+4%
4.35
+6%

See Also

Summary
IGM intrinsic value, competitors valuation, and company profile.
DCF Valuation
IGM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
IGM stock valuation using valuation multiples.
Wall Street Estimates
IGM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
IGM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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