TSX · Asset Management · CAD

IGM Financial Inc. (IGM.TO) Stock Analysis

IGM Financial Inc. (IGM.TO) is a Asset Management stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

IGM.TO

CA$82.08

+CA$0.49 (+0.60%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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IGM.TO Key Statistics

As of Oct 21, 2026

Trading

Open: CA$81.61
Previous Close: CA$81.59
Day's Range: 81.34–82.75
52-Week Range: 53.14–92.01
Volume: 200.52K
Beta: 1.11

Valuation

Market Cap: CA$18.95B
P/E Ratio: 16.62
Forward P/E: 13.50
PEG Ratio: 2.86
P/S ratio: 4.10
EPS (ttm): 4.94

Financials (FY)

Revenue (FY): CA$3.82B+9.42%
Net Income (FY): CA$1.10B+17.94%
Profit margin: 25.24%
Shares Outstanding: 230.89M
1-Year Return: +55.31%

Dividend and dates

Dividend: CA$2.48+3.04%
Ex-Dividend Date: September 28, 2026
Earnings Date: November 5, 2026
Avg Volume: 421.39K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, IGM.TO closed at CA$82.08, +55.31% over 1 year.

IGM Financial Inc. (IGM.TO) has a market capitalization of CA$18.95B.

In fiscal 2025, IGM.TO reported revenue of CA$3.82B.

IGM.TO Stock Return by Calendar Year

IGM Financial Inc. (IGM.TO) 10-year return: what CA$10,000 became

1 year: CA$10,000 CA$15,531; +55.31%
5 years: CA$10,000 CA$22,079; +120.79%
10 years: CA$10,000 CA$40,044; +300.44%

If you had invested CA$10,000 in IGM Financial Inc. (IGM.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$40,044 at the close on October 21, 2026: +300.44% in total, +14.88% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−25.09%+40.98%+35.19%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+35.19%
2025	+40.98%
2024	+38.87%
2023	−1.67%
2022	−12.00%
2021	+39.17%
2020	−0.01%
2019	+27.74%
2018	−25.09%
2017	+21.99%
2016 (partial year)	+7.17%

As of October 21, 2026.

IGM.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$3.82B	CA$1.10B	28.8%
2024	CA$3.49B	CA$933.51M	26.7%
2023	CA$3.19B	CA$1.15B	36.1%
2022	CA$3.15B	CA$867.24M	27.5%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$3.82B	CA$1.88B	CA$1.26B	CA$1.10B	28.8%
2024	CA$3.49B	CA$1.70B	CA$1.13B	CA$933.51M	26.7%
2023	CA$3.19B	CA$1.55B	CA$997.84M	CA$1.15B	36.1%
2022	CA$3.15B	CA$1.53B	CA$1.01B	CA$867.24M	27.5%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

IGM.TO Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

CA$2.25+0.0% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	CA$1.24	2	—
2025	CA$2.25	4	+0.0%
2024	CA$2.25	4	+0.0%
2023	CA$2.25	4	+0.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	CA$1.24	2	—
2025	CA$2.25	4	+0.0%
2024	CA$2.25	4	+0.0%
2023	CA$2.25	4	+0.0%
2022	CA$2.25	4	+0.0%
2021	CA$2.25	4	+0.0%
2020	CA$2.25	4	+0.0%
2019	CA$2.25	4	+0.0%
2018	CA$2.25	4	+0.0%
2017	CA$2.25	4	+300.0%
2016	CA$0.56	1	—

Most recent payment: CA$0.62 per share, ex-dividend June 29, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

IGM.TO Valuation vs Asset Management Median

Median of 512 stocks

Metric	IGM.TO	Asset Management median	vs median
P/E	16.62	9.44	76% above
P/S ratio	4.10	8.59	52% below
Profit margin	25.24%	74.97%	49.7 pts below

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values IGM Financial Inc. (IGM.TO) at CA$18.95B. It is classified in the Asset Management industry, within the Financial Services sector.

IGM.TO last closed at CA$82.08 on October 21, 2026. That is +CA$0.49 (+0.60%) against the previous close. The 52-week range on file runs from CA$53.14 to CA$92.01. The latest close sits 54.46% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$3.82B. That is +9.42% against the prior fiscal year, when revenue was CA$3.49B. Net income for the same year was CA$1.10B. That is +17.94% against the prior fiscal year. The reported profit margin is 25.24%. That is 49.7 percentage points below the Asset Management median of 74.97%. Earnings per share on a trailing basis come to 4.94.

Across the 4 fiscal years on file, revenue moves from CA$3.15B in 2022 to CA$3.82B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 16.62. That is 76.06% above the Asset Management median of 9.44. The forward P/E on file is 13.5. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.86. The price-to-sales ratio is 4.1. On price-to-sales that is 52.24% below the Asset Management median of 8.59. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

The reported beta is 1.11. Annualized volatility over the trailing 10 years is 22.82%. Over the trailing twelve months the total return is +55.31%. Across 10 years the annualized return works out at +14.88%.

Growth & Income

The trailing dividend yield is 3.04%. That is 5.9 percentage points below the Asset Management median yield of 8.91%. The indicated annual rate is CA$2.48 a share. The ex-dividend date on file is September 28, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling CA$1.24 a share. The year before, 2025, totalled CA$2.25 a share.

2026 is still running; the total return is +35.19% year to date. The strongest complete calendar year on file is 2025 at +40.98%; the weakest is 2018 at −25.09%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

IGM Financial Inc. (IGM.TO) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
IGM Financial Inc.	IGM.TO	CA$18.95B	16.6
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Asset Management industry average P/E ratio is 9.4x. IGM Financial Inc. trades at a P/E of 16.6.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About IGM Financial Inc.

IGM Financial Inc. engages in the wealth and asset management business in Canada. The company provides investment management services to a suite of investment funds distributed through third party dealers and financial advisors; and administrative services. It also offers insurance and banking products and services. The company was incorporated in 1978 and is based in Winnipeg, Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation.

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