TMX Group Limited (TMXXF) Stock

About TMX Group Limited

TMX Group Limited functions as a key infrastructure provider for capital markets, primarily within Canada but also internationally, by managing exchanges, various market platforms, and clearing services. The company's operations are strategically divided into four core units: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading and Clearing; and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment furnishes clients with comprehensive equity and index data, alongside integrated datasets designed for proprietary and third-party analytical tools, thereby aiding their trading and investment choices. This division also offers specialized solutions to the European and broader global wholesale energy markets, facilitating crucial processes like price discovery, trade execution, transparent reporting, and straight-through processing. Through its Capital Formation segment, TMX Group oversees the Toronto Stock Exchange (TSX), a prominent national exchange for established senior equities, and the TSX Venture Exchange, which serves the public venture equity market. This segment also includes TSX Trust, providing essential services such as corporate trust, registrar functions, transfer agency operations, and foreign exchange. The Derivatives Trading and Clearing division manages the Montreal Exchange, Canada's national marketplace for derivatives, and the Canadian Derivatives Clearing Corporation (CDCC), which acts as a clearinghouse for options and futures contracts. Its scope further extends to various over-the-counter products and fixed income repurchase agreements. Finally, the Equities and Fixed Income Trading & Clearing segment is responsible for the trading activities across the Toronto Stock Exchange, TSX Venture Exchange, and TSX Alpha Exchange. This unit also handles the clearing and settlement of equity and fixed income transactions, provides custody for securities, and offers inter-dealer brokerage services for fixed income instruments. Established in 2011, the company was initially known as Maple Group Acquisition Corporation before officially rebranding as TMX Group Limited in August 2012. Its corporate headquarters are located in Toronto, Canada.

TMX Group Limited is headquartered in CA.

TMX Group Limited (TMXXF) stock trades at $37.31 with a market capitalization of $10.30B. The stock is valued at a price-to-earnings (P/E) ratio of 24.65, price-to-book of 3.00, price-to-sales of 7.97. Over the past 52 weeks the stock has ranged between $31.66 and $41.94, and currently trades 11.0% below its 52-week high. It pays a dividend yielding 2.01%.

On profitability, TMX Group Limited generates a return on equity (ROE) of 3.81%, return on capital employed of 1.69%, an operating margin of 46.61%, a net profit margin of 32.55%.

Official website: www.tmx.com

TMX Group Limited by the numbers, 2016–2025

Between 2016 and 2025 TMX Group Limited reported revenue of $684.0M rising to $1.7B, a change of +151.0% across 10 years. Compounded, revenue has grown 14.7% a year over five years, 15.5% over three, 17.6% over the last twelve months. Net profit rose to $416.0M.

Operating margin went from 40.8% in 2016 to 44.9% in 2025, a gain of 4.1 percentage points. The most recent net margin is 32.55%. On a trailing twelve-month basis to Jun '26, revenue is $2.1B and net profit $604.0M.

Borrowings rose from $964.0M to $2.2B, cash on hand is $782.1M, cash from operations was $687.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 10.1% over five years, and was 8.7% in the most recent year.

The share price itself has compounded at -18.1% a year over five years, 20.9% over three, 3.5% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

TMX Group Limited (TMXXF) — frequently asked questions