TMX GroupTMXXF -2.28%90 EBITDA Margin % is 131.61% as of Mar. 2026, which is 83% above its 10-year median of 71.94. GuruFocus rates TMXXF with a GF Score™ of 90/100 and a GF Value™ of $40.94 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 666 Capital Markets companies, TMX Group ranks better than 92.79% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. TMX Group's EBITDA for the
three
months ended in Mar. 2026 was $468 Mil. TMX Group's Revenue for the
three
months ended in Mar. 2026 was $356 Mil. Therefore, TMX Group's EBITDA margin for the quarter that ended in Mar. 2026 was 131.61%.
TMX Group (OTCPK:TMXXF) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
TMX Group EBITDA Margin % Related Terms
TMX Group EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for TMX Group's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TMXXF vs SPGI, CME, ICE: EBITDA Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, TMX Group's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
TMX Group EBITDA Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, TMX Group's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where TMX Group's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TMX Group (TMXXF) has a EBITDA Margin % of 131.61% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on TMX Group and its competitors. This is 83% above median its historical median of 71.94. Over the past decade, TMX Group's EBITDA Margin % has ranged from 49.13 to 199.28. According to the industry distribution chart, TMX Group ranks #48 out of 666 companies in the Capital Markets industry, placing it in the top 7.2%.
Is TMX Group's EBITDA Margin % too high?
TMX Group's current EBITDA Margin % of 131.61% is 83% above median its 10-year median of 71.94. Over the past 10 years, this metric has ranged from a low of 49.13 to a high of 199.28. The Capital Markets industry median EBITDA Margin % is 20.73. TMX Group's value of 131.61% is 534.9% above this industry median. Based on the distribution chart, TMX Group ranks #48 out of 666 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, TMX Group has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TMX Group's EBITDA Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, TMX Group ranks #48 out of 666 companies for EBITDA Margin %. This places TMX Group in the top 7% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 20.73. TMX Group's value of 131.61% is 534.9% above this benchmark. Historically, TMX Group's own EBITDA Margin % has ranged from 49.13 to 199.28 over the past decade. While the company's 10-year median is 71.94 vs. the industry median of 20.73, TMX Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Capital Markets company?
The median EBITDA Margin % among Capital Markets companies is 20.73, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TMX Group's current EBITDA Margin % of 131.61% is 534.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on TMX Group and its competitors. For the Capital Markets industry, the median EBITDA Margin % is 20.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMX Group's current EBITDA Margin % is 131.61%, which is 83% above median its own 10-year median of 71.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMX Group stock overvalued right now?
Based on GuruFocus' analysis, TMX Group (TMXXF) is currently considered Modestly Undervalued. The stock's GF Value™ is $40.94, compared to a current price of $32.15 — trading 21.5% below its estimated fair value. The current EBITDA Margin % is 131.61%, which is 83% above median its 10-year median of 71.94 and 534.9% above the Capital Markets industry median of 20.73. TMX Group's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For TMX Group (TMXXF), the current EBITDA Margin % is 131.61% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TMX Group (TMXXF) Overvalued in 2026?
Based on GuruFocus' analysis, TMX Group stock appears to be undervalued.
The current stock price of $32.15 is trading 21.5% below its estimated GF Value™ of $40.94.
GuruFocus considers TMX Group to be Modestly Undervalued.
Key valuation signals for TMXXF:
EBITDA Margin %: 131.61% (83% above median its 10-year median of 71.94)
GF Value™: $40.94 vs. price of $32.15 (21.5% below fair value)
Industry Position: 534.9% above the Capital Markets median (#48 of 666)
No single metric tells the full story. See the TMXXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TMX Group Ltd is a company that operates several markets to provide investment opportunities for its clients. The company has four operating segments: Global Solutions, Insights & Analytics, Capital Formation, Derivatives Trading & Clearing, and Equities and Fixed Income Trading & Clearing. The maximum of its revenue is from Global Solutions, Insights & Analytics, which deliver equities data, index data as well as integrated data sets to fuel high value proprietary and third party analytics, which help clients make trading and investment decisions. The company geographically operates in Canada, USA, UK, Germany, and Other Countries, with maximum revenue from Canada.
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