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TMX Group (TSX:X) Net Margin % : 27.99% (As of Dec. 2023)


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What is TMX Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. TMX Group's Net Income for the three months ended in Dec. 2023 was C$84 Mil. TMX Group's Revenue for the three months ended in Dec. 2023 was C$302 Mil. Therefore, TMX Group's net margin for the quarter that ended in Dec. 2023 was 27.99%.

The historical rank and industry rank for TMX Group's Net Margin % or its related term are showing as below:

TSX:X' s Net Margin % Range Over the Past 10 Years
Min: -7.29   Med: 31.51   Max: 55.02
Current: 29.81


TSX:X's Net Margin % is ranked better than
70.53% of 777 companies
in the Capital Markets industry
Industry Median: 13.56 vs TSX:X: 29.81

TMX Group Net Margin % Historical Data

The historical data trend for TMX Group's Net 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.

* Premium members only.

TMX Group Net Margin % Chart

TMX Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.69 32.33 34.52 48.68 29.81

TMX Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 37.07 29.76 31.78 29.69 27.99

Competitive Comparison of TMX Group's Net Margin %

For the Financial Data & Stock Exchanges subindustry, TMX Group's Net Margin %, along with its competitors' market caps and Net 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's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TMX Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where TMX Group's Net Margin % falls into.



TMX Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

TMX Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=356/1194.1
=29.81 %

TMX Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=84.4/301.5
=27.99 %

* 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  (TSX:X) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


TMX Group Net Margin % Related Terms

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TMX Group (TSX:X) Business Description

Traded in Other Exchanges
Address
300 - 100 Adelaide Street West, Toronto, ON, CAN, M5H 1S3
TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community. TMX Group operates offices across North America (Montreal, Calgary, Vancouver, and New York), as well as in key international markets including London and Singapore.