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Finning International Inc. sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, the United Kingdom, Argentina, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, log stackers, material handlers, motor graders, off-highway trucks, pipelayers, remixing transfer vehicle, road reclaimers, road wideners, skid steer and compact track loaders, track distributors, telehandlers, underground-hard rock, wheel loaders, window elevators, wheel tractor-scrapers, vibratory double drum asphalt and single drum pad, and mobile and stationary generator sets. It also provides feller bunchers track, quick coupler, winch, adapters, augers, backhoes, bale grabs and spears, blades, brooms, cold planers, compactors, excavator and loader couplers, electric power controls, flail mowers, forks, grapples, hammers, material handling, mulchers, nursery and snow products, pulverizes, rakers, rippers, saws, shears, stump grinders, trillers, tilt rotate systems, and trenchers; and backhoe front and rear, compact wheel loaders, excavators, loaders, mining shovels, skid steer loaders, and telehandler buckets. In addition, it offers power systems for electric power generation, oil and gas, industrial, and marine power systems; and fuel, fluid analysis, financing, maintenance, rebuilds, repair, warranty, and customer training services, as well as rents generators, battery energy storage systems, electrical distribution product, air compressor, and heavy equipment. It serves agriculture, construction, forestry, mining, paving, pipeline, power systems, and landscaping equipment industries, as well as government. The company was formerly known as Finning Ltd. and changed its name to Finning International Inc. in April 1997. The company was incorporated in 1933 and is headquartered in Surrey, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Finning International is a major Caterpillar dealer that sells, rents and services construction, mining and power-system equipment across Canada, the UK & Ireland and parts of South America. Long-term growth drivers include infrastructure and mining demand plus recurring aftermarket parts and service revenue that may support cash flow stability. The company may appeal for its broad geographic footprint and service-oriented business mix.
Key risks are exposure to commodity and construction cycles, reliance on Caterpillar for supply and brand, and foreign-exchange and country-level operational risks.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 698.00M | 663.00M | 749.00M | 673.00M | 477.00M |
| Minority interest | 16.00M | 3.00M | 2.00M | 2.00M | 1.00M |
| Net income | 506.00M | 509.00M | 523.00M | 503.00M | 364.00M |
| Selling general administrative | 1585.00M | 19.00M | 26.00M | 1458.00M | 1266.00M |
| Selling and marketing expenses | - | 1625.00M | 1544.00M | - | - |
| Gross profit | 2369.00M | 2478.00M | 2504.00M | 2223.00M | 1801.00M |
| Reconciled depreciation | 392.00M | 392.00M | 379.00M | 333.00M | 319.00M |
| Ebit | 859.00M | 834.00M | 934.00M | 755.00M | 533.00M |
| Ebitda | 1251.00M | 1092.00M | 1179.00M | 1088.00M | 852.00M |
| Depreciation and amortization | 392.00M | 258.00M | 245.00M | 333.00M | 319.00M |
| Operating income | 859.00M | 834.00M | 934.00M | 755.00M | 533.00M |
| Other operating expenses | 9732.00M | 10372.00M | 9593.00M | 8514.00M | 6749.00M |
| Interest expense | 137.00M | 160.00M | 161.00M | 82.00M | 61.00M |
| Tax provision | 175.00M | 157.00M | 228.00M | 172.00M | 114.00M |
| Interest income | 129.00M | 153.00M | 151.00M | 82.00M | 61.00M |
| Net interest income | -137.00M | -160.00M | -161.00M | -95.00M | -75.00M |
| Extraordinary items | 119.00M | - | - | - | - |
| Income tax expense | 175.00M | 157.00M | 228.00M | 172.00M | 114.00M |
| Total revenue | 10591.00M | 11206.00M | 10527.00M | 9279.00M | 7294.00M |
| Total operating expenses | 1510.00M | 1644.00M | 1570.00M | 1458.00M | 1256.00M |
| Cost of revenue | 8222.00M | 8728.00M | 8023.00M | 7056.00M | 5493.00M |
| Total other income expense net | -161.00M | -171.00M | -185.00M | -82.00M | -56.00M |
| Net income from continuing ops | 523.00M | 506.00M | 521.00M | 501.00M | 363.00M |
| Net income applicable to common shares | 658.00M | 509.00M | 523.00M | 501.00M | 364.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 7800.00M | 7731.00M | 7557.00M | 7269.00M | 5971.00M |
| Intangible assets | 222.00M | 345.00M | 409.00M | 433.00M | 406.00M |
| Other current assets | 214.00M | 56.00M | 127.00M | 46.00M | 55.00M |
| Total liab | 5012.00M | 5089.00M | 5027.00M | 4808.00M | 3628.00M |
| Total stockholder equity | 2788.00M | 2629.00M | 2514.00M | 2443.00M | 2323.00M |
| Other current liab | 122.00M | 11.00M | 151.00M | 226.00M | 168.00M |
| Common stock | 472.00M | - | 516.00M | 536.00M | 561.00M |
| Capital stock | 472.00M | 487.00M | 516.00M | 536.00M | 561.00M |
| Retained earnings | 2004.00M | 1767.00M | 1778.00M | 1634.00M | 1550.00M |
| Other liab | - | - | - | 337.00M | 311.00M |
| Good will | 211.00M | 339.00M | 329.00M | 325.00M | 237.00M |
| Other assets | 341.00M | - | - | 296.00M | 265.00M |
| Cash | 369.00M | 316.00M | 152.00M | 288.00M | 502.00M |
| Cash and equivalents | 24.00M | - | - | 0.00M | 362.00M |
| Total current liabilities | 3209.00M | 3150.00M | 3485.00M | 3401.00M | 2155.00M |
| Current deferred revenue | 594.00M | - | 507.00M | 544.00M | 428.00M |
| Net debt | 1937.00M | 1924.00M | 2544.00M | 2040.00M | 1311.00M |
| Short term debt | 786.00M | - | 1512.00M | 1258.00M | 651.00M |
| Short long term debt | 698.00M | 850.00M | 1438.00M | 1182.00M | 564.00M |
| Short long term debt total | 2306.00M | - | 2696.00M | 2328.00M | 1813.00M |
| Other stockholder equity | 312.00M | - | - | 273.00M | 212.00M |
| Property plant equipment | 1686.00M | - | - | 1442.00M | 1348.00M |
| Total current assets | 5353.00M | 5206.00M | 4930.00M | 4781.00M | 3619.00M |
| Long term investments | 87.00M | 110.00M | 99.00M | 92.00M | 84.00M |
| Net tangible assets | - | - | - | 1685.00M | 1680.00M |
| Short term investments | 28.00M | 68.00M | 25.00M | 66.00M | 36.00M |
| Net receivables | 1790.00M | 1221.00M | 1664.00M | 1759.00M | 1263.00M |
| Long term debt | 1196.00M | 1390.00M | 949.00M | 815.00M | 921.00M |
| Inventory | 2952.00M | 2646.00M | 2844.00M | 2461.00M | 1687.00M |
| Accounts payable | 1602.00M | 1413.00M | 1315.00M | 1373.00M | 908.00M |
| Accumulated other comprehensive income | 312.00M | - | 220.00M | 273.00M | 212.00M |
| Non currrent assets other | 144.00M | 14.00M | 150.00M | 139.00M | 239.00M |
| Non current assets total | 2447.00M | 2525.00M | 2627.00M | 2488.00M | 2352.00M |
| Capital lease obligations | 412.00M | 340.00M | 309.00M | 331.00M | 328.00M |
| Long term debt total | 1520.00M | - | - | 1070.00M | 1162.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -13.00M | -128.00M | -255.00M | -268.00M | -7.00M |
| Change to liabilities | - | - | - | 408.00M | 145.00M |
| Total cashflows from investing activities | 217.00M | -128.00M | -229.00M | -268.00M | -151.00M |
| Net borrowings | -371.00M | -351.00M | 350.00M | 349.00M | -5.00M |
| Total cash from financing activities | -817.00M | -816.00M | -71.00M | -13.00M | -300.00M |
| Change to operating activities | - | - | - | -27.00M | -66.00M |
| Net income | 642.00M | 509.00M | 523.00M | 501.00M | 363.00M |
| Change in cash | 53.00M | 164.00M | -136.00M | -214.00M | -37.00M |
| Begin period cash flow | 316.00M | 152.00M | 288.00M | 502.00M | 539.00M |
| End period cash flow | 369.00M | 316.00M | 152.00M | 288.00M | 502.00M |
| Total cash from operating activities | 688.00M | 1009.00M | 228.00M | 1.00M | 425.00M |
| Depreciation | 392.00M | 392.00M | 379.00M | 333.00M | 319.00M |
| Other cashflows from investing activities | 103.00M | 25.00M | -9.00M | -97.00M | 8.00M |
| Dividends paid | 156.00M | -151.00M | -146.00M | 144.00M | 139.00M |
| Change to inventory | -378.00M | 308.00M | -408.00M | -715.00M | -210.00M |
| Change to account receivables | -36.00M | -140.00M | 34.00M | -265.00M | -105.00M |
| Sale purchase of stock | -290.00M | -314.00M | -275.00M | -218.00M | -155.00M |
| Other cashflows from financing activities | 0.00M | -89.00M | -82.00M | 630.00M | 279.00M |
| Change to netincome | - | - | - | -97.00M | 19.00M |
| Capital expenditures | 208.00M | 153.00M | 220.00M | 171.00M | 133.00M |
| Change in working capital | -39.00M | 117.00M | -349.00M | -738.00M | -277.00M |
| Stock based compensation | 63.00M | 19.00M | 26.00M | 36.00M | 36.00M |
| Other non cash items | -554.00M | -9.00M | -334.00M | -303.00M | -130.00M |
| Free cash flow | 480.00M | 856.00M | 8.00M | -170.00M | 292.00M |
Sector: Industrials Industry: Industrial Distribution
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| FTT Finning International Inc. |
-2.37 2.41% |
95.84 | 24.47 | 20.58 | 1.20 | 4.50 | 1.36 | 11.85 |
| TIH Toromont Industries Ltd. |
-9.42 4.50% |
199.98 | 33.78 | 29.59 | 3.22 | 5.13 | 3.15 | 15.86 |
| RUS Russel Metals Inc. |
-2.07 2.30% |
87.86 | 16.74 | 13.26 | 0.60 | 1.74 | 0.67 | 9.18 |
| DBM Doman Building Materials Group Ltd |
0.02 0.20% |
10.24 | 10.96 | 13.21 | 0.28 | 1.40 | 0.61 | 7.40 |
| ADEN ADENTRA Inc. |
0.14 0.38% |
37.30 | 8.60 | 8.80 | 0.36 | 0.86 | 0.51 | 5.85 |
Finning International Inc. sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, the United Kingdom, Argentina, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, log stackers, material handlers, motor graders, off-highway trucks, pipelayers, remixing transfer vehicle, road reclaimers, road wideners, skid steer and compact track loaders, track distributors, telehandlers, underground-hard rock, wheel loaders, window elevators, wheel tractor-scrapers, vibratory double drum asphalt and single drum pad, and mobile and stationary generator sets. It also provides feller bunchers track, quick coupler, winch, adapters, augers, backhoes, bale grabs and spears, blades, brooms, cold planers, compactors, excavator and loader couplers, electric power controls, flail mowers, forks, grapples, hammers, material handling, mulchers, nursery and snow products, pulverizes, rakers, rippers, saws, shears, stump grinders, trillers, tilt rotate systems, and trenchers; and backhoe front and rear, compact wheel loaders, excavators, loaders, mining shovels, skid steer loaders, and telehandler buckets. In addition, it offers power systems for electric power generation, oil and gas, industrial, and marine power systems; and fuel, fluid analysis, financing, maintenance, rebuilds, repair, warranty, and customer training services, as well as rents generators, battery energy storage systems, electrical distribution product, air compressor, and heavy equipment. It serves agriculture, construction, forestry, mining, paving, pipeline, power systems, and landscaping equipment industries, as well as government. The company was formerly known as Finning Ltd. and changed its name to Finning International Inc. in April 1997. The company was incorporated in 1933 and is headquartered in Surrey, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Kevin Parkes | Non-Independent Director, CEO & Pres | NA |
| Mr. Greg Palaschuk | Exec. VP & CFO | NA |
| Mr. David F. N. Primrose | Pres of Finning Canada | NA |
| Mr. Juan Pablo Amar | Pres of Finning South America | NA |
| Ms. Amanda Fern Hobson C.A., CPA, CDIR | Sr. VP of Investor Relations & Treasury | NA |
| Ms. H. Jane Murdoch | Gen. Counsel & Interim Chief HR Officer | NA |
| Elisha McCallum | Director of Global Communications | NA |
| Mr. David William Cummings | Exec. VP & Chief Digital Officer | 1966 |
| Mr. John Joseph Pollesel CPA, CMA, CPA, M.B.A. | Sr. VP of Mining - Finning Canada | 1963 |
| Mr. Russell Willard Day | Sr. VP of Strategic Planning & Bus. Devel. | NA |
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