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IGM Financial (TSX:IGM) Revenue : C$3,360 Mil (TTM As of Sep. 2024)


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What is IGM Financial Revenue?

IGM Financial's revenue for the three months ended in Sep. 2024 was C$879 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was C$3,360 Mil. IGM Financial's Revenue per Share for the three months ended in Sep. 2024 was C$3.71. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was C$14.14.

Good Sign:

IGM Financial Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of IGM Financial was 6.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 0.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, IGM Financial's highest 3-Year average Revenue per Share Growth Rate was 23.20% per year. The lowest was -4.00% per year. And the median was 5.35% per year.


IGM Financial Revenue Historical Data

The historical data trend for IGM Financial's Revenue 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.

* Premium members only.

IGM Financial Revenue Chart

IGM Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,116.20 3,150.72 3,587.60 3,149.32 3,186.37

IGM Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 811.03 794.88 840.06 845.86 879.48

Competitive Comparison of IGM Financial's Revenue

For the Asset Management subindustry, IGM Financial's Revenue, along with its competitors' market caps and Revenue 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.


IGM Financial's Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, IGM Financial's Revenue distribution charts can be found below:

* The bar in red indicates where IGM Financial's Revenue falls into.



IGM Financial Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$3,360 Mil.

* 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.


IGM Financial  (TSX:IGM) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


IGM Financial Revenue Related Terms

Thank you for viewing the detailed overview of IGM Financial's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


IGM Financial Business Description

Traded in Other Exchanges
Address
447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which holds a 62% equity stake in IGM Financial as well as stakes in Great-West Life, London Life, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its IG Wealth Management subsidiary)—that provide investment management products and services. At the end of October 2024, IGM Financial had CAD 249.1 billion in AUM (including CAD 83.1 billion in AUM that was being managed for its IG Wealth Management arm) at Mackenzie Investments, CAD 120.9 billion in assets under advisement at its IG Wealth Management subsidiary, and CAD 15.6 billion in other AUA.
Executives
James Patrick O'sullivan Director, Senior Officer
Mark Richard Kinzel Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Heather Conway Director

IGM Financial Headlines

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