IGM Financial (TSX:IGM) Total Operating Expense: C$674 Mil (TTM As of Mar. 2026)


TSX:IGM IGM Financial Inc TSX:IGM
81 GF Score
Price C$79.67
GF Value C$50.78
Valuation Significantly Overvalued
! 9 Warning Signs
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What is IGM Financial Total Operating Expense?

IGM Financial TSX:IGM +1.16% 81 Total Operating Expense is C$674 Mil as of Mar. 2026. GuruFocus rates TSX:IGM with a GF Score™ of 81/100 and a GF Value™ of C$50.78 (Significantly Overvalued). The stock has 9 warning signs investors should review.

IGM Financial's Total Operating Expense for the three months ended in Mar. 2026 was C$598 Mil. IGM Financial's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$674 Mil.

IGM Financial Total Operating Expense Related Terms

IGM Financial Total Operating Expense Historical Data

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The historical data trend for IGM Financial's Total Operating Expense 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.

IGM Financial Total Operating Expense Chart

IGM Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 557.23 522.81 552.45 575.45 614.88

IGM Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 538.78 540.30 554.07 -1,018.28 598.29
TSX:IGM
81GF Score
IGM Financial Inc TSX:IGM
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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IGM Financial Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$674 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.

What does a Total Operating Expense of C$674 Mil mean?
IGM Financial (TSX:IGM) has a Total Operating Expense of C$674 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on IGM Financial and its competitors.
Is IGM Financial's Total Operating Expense too high?
IGM Financial's current Total Operating Expense is C$674 Mil. Overall, IGM Financial has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's Total Operating Expense compare to BLK and BX?
IGM Financial's Total Operating Expense of C$674 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Asset Management company?
A good Total Operating Expense depends on the Asset Management industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on IGM Financial and its competitors. IGM Financial's current Total Operating Expense is C$674 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
Based on GuruFocus' analysis, IGM Financial (TSX:IGM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$50.78, compared to a current price of C$79.67 — trading 56.9% above its estimated fair value. The current Total Operating Expense is C$674 Mil. IGM Financial's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For IGM Financial (TSX:IGM), the current Total Operating Expense is C$674 Mil 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 IGM Financial (TSX:IGM) Overvalued in 2026?

Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued. The current stock price of C$79.67 is trading 56.9% above its estimated GF Value™ of C$50.78. GuruFocus considers IGM Financial to be Significantly Overvalued.

Key valuation signals for TSX:IGM:

  • Total Operating Expense: C$674 Mil
  • GF Value™: C$50.78 vs. price of C$79.67 (56.9% above fair value)
  • GF Score™: 81/100 with 9 warning signs

No single metric tells the full story. See the TSX:IGM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IGM Financial Business Description

Other Exchanges IGIFF:USAC7G:Germany
Address 447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
81GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$79.67
Price
C$50.78
GF Value