X.TO
TMX Group Limited
TorontoCADEQUITY
Financial Services
DELAYED
Last price
52.54
▲ 0.30 (0.57%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
52.28
Prev close
52.24
Day high
52.80
Day low
51.97
Volume
729.67K
Market cap
$14.47B
P/E (TTM)
24.21
52W range
44.10 – 57.27
Day trading desk
Gap from prior close
+0.08%
Prior close 52.24
VWAP
52.55
-0.01% from price
Relative volume
1.11×
Normal
Session range
1.60%
51.97 – 52.80
Position in range
69%
Mid range
ATR (14D)
1.05
1.99% of price
Prior day high
53.17
PDH
Prior day low
51.82
PDL
Bid / ask spread
—
Quote not published
Session volume
1.02M
Avg 911.20K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-1.57%
-0.2%
1M
+3.79%
+0.1%
3M
-2.38%
-5.5%
6M
+13.94%
+2.9%
YTD
+0.59%
-11.7%
1Y
-6.73%
-26.7%
3Y
+77.80%
+3.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on X.TO open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
3.22M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 31, 26 | Tmx Group Ltd Issuer |
BUY | 146.20K | $5.10M | Direct |
| Jul 31, 26 | Tmx Group Ltd Issuer |
BUY | 146.20K | $5.10M | Direct |
| Jun 30, 26 | Tmx Group Ltd Issuer |
BUY | 146.34K | $5.03M | Direct |
| Jun 30, 26 | Tmx Group Ltd Issuer |
BUY | 146.34K | $5.03M | Direct |
| May 31, 26 | Tmx Group Ltd Issuer |
BUY | 281.50K | $11.33M | Direct |
| May 31, 26 | Tmx Group Ltd Issuer |
BUY | 281.50K | $11.33M | Direct |
| May 8, 26 | Mckenzie, John Senior Officer of Issuer |
BUY | 35.86K | $1.46M | Direct |
| May 6, 26 | Mckenzie, John Senior Officer of Issuer |
EXERCISE | 69.97K | $741.47K | Direct |
| May 6, 26 | Mckenzie, John Senior Officer of Issuer |
SELL | 69.97K | $2.81M | Direct |
| Mar 31, 26 | Tmx Group Ltd Issuer |
BUY | 1.24M | $43.25M | Direct |
| Mar 31, 26 | Tmx Group Ltd Issuer |
BUY | 1.24M | $43.25M | Direct |
| Feb 28, 26 | Tmx Group Ltd Issuer |
BUY | 6.70K | $227.91K | Direct |
| Feb 28, 26 | Tmx Group Ltd Issuer |
BUY | 6.70K | $227.91K | Direct |
| Dec 31, 25 | Anastasopoulos (Elias) Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) |
BUY | 400 | $15.37K | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
Anastasopoulos (Elias) |
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) | — | Acquisition or disposition under a purchase/ownership plan |
Arnold, David |
Senior Officer of Issuer | — | Acquisition or disposition under a purchase/ownership plan |
Bush (Cindy) |
Senior Officer of Issuer | — | Acquisition or disposition under a purchase/ownership plan |
Conroy, Peter Alexander |
Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) | — | Acquisition or disposition under a purchase/ownership plan |
Fortin (Luc) |
Senior Officer of Issuer | — | Acquisition or disposition under a purchase/ownership plan |
Graden (Cheryl L.) |
Senior Officer of Issuer | — | Acquisition or disposition under a purchase/ownership plan |
Mckenzie, John |
Senior Officer of Issuer | 136.63K | Acquisition or disposition in the public market |
Tmx Group Ltd |
Issuer | 146.20K | Redemption, retraction, cancelation, repurchase |
Fundamentals
Market cap$14.47B
Enterprise value$16.25B
Revenue (TTM)$1.85B
Gross profit$1.72B
EBITDA$1.07B
Net income$602.90M
EPS (TTM)$2.17
Free cash flow$580.10M
Total cash$517.30M
Total debt$2.07B
Book value / share$17.88
Shares outstanding275.39M
Float272.18M
Short % of float—
Dividend yield1.83%
Beta (5Y)0.04
Valuation & profitability ratios
Trailing P/E24.21
Forward P/E19.29
PEG ratio—
Price / sales—
Price / book2.94
EV / revenue8.77
EV / EBITDA15.16
Gross margin92.87%
Operating margin51.32%
Profit margin32.55%
Return on equity13.23%
Return on assets1.13%
Debt / equity40.25
Current ratio1.00
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.72B | $1.46B | $1.19B | $1.11B | +17.6% |
| Operating revenue | $1.72B | $1.46B | $1.19B | $1.11B | +17.6% |
| Cost of revenue | $592.00M | $501.30M | $414.00M | $365.60M | +18.1% |
| Gross profit | $1.13B | $958.80M | $780.10M | $749.30M | +17.4% |
| Selling, general & admin | $173.50M | $150.90M | $127.60M | $112.70M | +15.0% |
| Total operating expense | $354.20M | $316.50M | $240.10M | $226.50M | +11.9% |
| Operating income | $771.00M | $642.30M | $540.00M | $522.80M | +20.0% |
| Net interest income | -$76.70M | -$85.50M | -$24.10M | -$30.80M | +10.3% |
| Pre-tax income | $641.80M | $669.60M | $517.40M | $670.30M | -4.2% |
| Tax provision | $163.80M | $142.70M | $129.20M | $88.50M | +14.8% |
| Net income | $415.70M | $481.50M | $356.00M | $542.70M | -13.7% |
| Net income to common | $415.70M | $481.50M | $356.00M | $542.70M | -13.7% |
| Basic EPS | 1.49 | 1.74 | 1.28 | 1.95 | -14.4% |
| Diluted EPS | 1.49 | 1.73 | 1.28 | 1.94 | -13.9% |
| EBIT | $1.94B | $2.29B | $2.27B | $1.46B | -15.3% |
| EBITDA | $2.12B | $2.46B | $2.38B | $1.57B | -13.7% |
| Basic shares | 278.08M | 277.42M | 278.15M | 278.73M | +0.2% |
| Diluted shares | 279.60M | 278.72M | 279.04M | 279.97M | +0.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $348.30M | $325.00M | $301.10M | $375.70M | +7.2% |
| Cash & short-term investments | $512.90M | $433.40M | $419.60M | $493.10M | +18.3% |
| Accounts receivable | $200.30M | $158.40M | $124.10M | $128.90M | +26.5% |
| Total current assets | $43.12B | $32.65B | $58.39B | $50.26B | +32.1% |
| Property, plant & equipment | $157.40M | $148.00M | $139.40M | $140.40M | +6.4% |
| Goodwill & intangibles | $7.32B | $7.28B | $5.50B | $5.52B | +0.6% |
| Total assets | $50.72B | $40.18B | $64.34B | $55.98B | +26.2% |
| Total current liabilities | $43.12B | $32.46B | $58.56B | $50.01B | +32.9% |
| Current debt | $512.10M | $225.50M | $606.60M | $264.00M | +127.1% |
| Long-term debt | $1.55B | $1.84B | $448.50M | $747.80M | -16.2% |
| Total debt | $2.17B | $2.17B | $1.15B | $1.11B | -0.2% |
| Total liabilities | $45.75B | $35.35B | $60.02B | $51.78B | +29.4% |
| Retained earnings | $1.81B | $1.62B | $1.34B | $1.18B | +11.8% |
| Shareholder equity | $4.76B | $4.58B | $4.11B | $3.99B | +3.9% |
| Working capital | $2.20M | $195.60M | -$176.30M | $250.10M | -98.9% |
| Net tangible assets | -$2.56B | -$2.70B | -$1.39B | -$1.53B | +5.1% |
| Shares issued | 278.21M | 277.82M | 276.62M | 278.40M | +0.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $641.80M | $669.60M | $517.40M | $670.30M | — | -4.2% |
| Depreciation & amortisation | $180.70M | $165.60M | $112.50M | $113.80M | — | +9.1% |
| Stock-based compensation | $2.00M | $2.00M | $2.00M | $2.10M | — | 0.0% |
| Change in working capital | $3.00M | -$45.30M | $1.80M | -$58.80M | — | +106.6% |
| Operating cash flow | $764.80M | $623.40M | $524.90M | $444.10M | — | +22.7% |
| Capital expenditure | -$121.20M | -$73.70M | -$65.20M | -$51.90M | — | -64.5% |
| Investing cash flow | -$246.30M | -$1.17B | -$289.30M | -$41.40M | — | +79.0% |
| Share buybacks | — | $0 | -$79.90M | -$74.30M | -$84.40M | — |
| Dividends paid | -$233.60M | -$208.10M | -$196.90M | -$185.10M | — | -12.3% |
| Financing cash flow | -$477.60M | $562.60M | -$309.20M | -$292.90M | — | -184.9% |
| Free cash flow | $643.60M | $549.70M | $459.70M | $392.20M | — | +17.1% |
| End cash position | $361.00M | $325.00M | $301.10M | $375.70M | — | +11.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $487.50M | $488.20M | $457.80M | $421.70M | $419.10M | -0.1% |
| Operating revenue | $487.40M | $488.20M | $457.70M | $421.70M | $419.10M | -0.2% |
| Cost of revenue | $157.00M | $149.70M | $152.00M | $149.40M | $150.10M | +4.9% |
| Gross profit | $330.50M | $338.50M | $305.80M | $272.30M | $269.00M | -2.4% |
| Selling, general & admin | $54.60M | $51.10M | $53.10M | $35.60M | $43.80M | +6.8% |
| Total operating expense | $103.40M | $99.90M | $100.10M | $80.20M | $87.60M | +3.5% |
| Operating income | $227.10M | $238.60M | $205.70M | $192.10M | $181.40M | -4.8% |
| Net interest income | -$18.80M | -$19.50M | -$19.30M | -$19.30M | -$19.30M | +3.6% |
| Pre-tax income | $215.50M | $318.00M | $168.30M | $128.10M | $162.60M | -32.2% |
| Tax provision | $57.60M | $77.00M | $42.40M | $37.70M | $37.80M | -25.2% |
| Net income | $142.60M | — | — | — | — | — |
| Net income to common | $142.60M | — | — | — | — | — |
| Basic EPS | 0.52 | 0.81 | 0.41 | 0.27 | 0.38 | -35.8% |
| Diluted EPS | 0.51 | 0.80 | 0.41 | 0.26 | 0.38 | -36.3% |
| EBIT | $507.20M | $593.70M | $468.20M | $499.70M | $489.20M | -14.6% |
| EBITDA | $556.00M | $642.50M | $515.20M | $544.30M | $533.00M | -13.5% |
| Basic shares | 275.83M | 277.93M | 278.19M | 278.07M | 277.93M | -0.8% |
| Diluted shares | 277.13M | 279.26M | 279.60M | 279.66M | 279.34M | -0.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $374.80M | $358.60M | $348.30M | $316.70M | $242.10M | +4.5% |
| Cash & short-term investments | $517.30M | $501.80M | $512.90M | $465.60M | $361.40M | +3.1% |
| Accounts receivable | $372.90M | $387.10M | $200.30M | $266.00M | $299.60M | -3.7% |
| Total current assets | $43.74B | $48.42B | $43.12B | $40.33B | $46.06B | -9.7% |
| Property, plant & equipment | $84.60M | $87.00M | $157.40M | $81.20M | $84.40M | -2.8% |
| Goodwill & intangibles | $7.35B | $7.32B | $7.32B | $7.22B | $7.34B | +0.5% |
| Total assets | $51.39B | $56.03B | $50.72B | $47.81B | $53.66B | -8.3% |
| Total current liabilities | $43.57B | $48.30B | $43.12B | $40.31B | $45.83B | -9.8% |
| Current debt | $418.30M | $509.50M | $512.10M | $453.20M | $201.50M | -17.9% |
| Long-term debt | $1.55B | $1.55B | $1.55B | $1.54B | $1.84B | +0.0% |
| Total debt | $2.06B | $2.15B | $2.17B | $2.09B | $2.14B | -4.3% |
| Total liabilities | $46.24B | $50.95B | $45.75B | $42.96B | $48.78B | -9.2% |
| Retained earnings | $2.06B | $1.98B | $1.81B | $1.70B | $1.68B | +4.0% |
| Shareholder equity | $4.93B | $4.88B | $4.76B | $4.64B | $4.67B | +0.9% |
| Working capital | $166.60M | $121.30M | $2.20M | $20.70M | $231.00M | +37.3% |
| Net tangible assets | -$2.43B | -$2.44B | -$2.56B | -$2.58B | -$2.67B | +0.3% |
| Shares issued | 276.14M | 277.05M | 278.21M | 278.05M | 278.03M | -0.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $215.50M | $318.00M | $168.30M | $128.10M | $162.60M | — | -32.2% |
| Depreciation & amortisation | $48.80M | $48.80M | $47.00M | $44.60M | $43.80M | — | 0.0% |
| Stock-based compensation | $3.00M | $400.00K | $600.00K | $500.00K | $500.00K | — | +650.0% |
| Change in working capital | $56.30M | -$117.50M | $5.50M | $66.00M | -$38.40M | — | +147.9% |
| Operating cash flow | $271.30M | $110.80M | $223.60M | $262.70M | $121.80M | — | +144.9% |
| Capital expenditure | -$12.30M | -$16.40M | -$57.80M | -$21.50M | -$25.00M | — | +25.0% |
| Investing cash flow | -$8.30M | $98.70M | -$142.00M | -$57.10M | -$34.90M | — | -108.4% |
| Share buybacks | -$93.70M | -$57.50M | — | $0 | $0 | $0 | -63.0% |
| Dividends paid | -$66.10M | -$66.80M | -$61.20M | -$55.60M | -$55.60M | — | +1.0% |
| Financing cash flow | -$262.10M | -$192.30M | -$162.40M | -$118.00M | -$161.90M | — | -36.3% |
| Free cash flow | $259.00M | $94.40M | $165.80M | $241.20M | $96.80M | — | +174.4% |
| End cash position | $383.60M | $379.60M | $361.00M | $331.80M | $250.90M | — | +1.1% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.59 | 0.63 | +7.0% |
| Mar 2026 | 0.59 | 0.80 | +36.0% |
| Dec 2025 | 0.55 | 0.60 | +9.0% |
| Sep 2025 | 0.49 | 0.52 | +5.2% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.57 | 7 | $469.25M | +12.1% |
| Next quarter | 0.62 | 7 | $511.53M | +11.7% |
| Current year | 2.45 | 7 | $1.95B | +13.5% |
| Next year | 2.72 | 7 | $2.21B | +13.4% |
Analyst targets & ownership
Mean target$65.43
High target$71.00
Low target$61.00
Implied upside24.53%
Analyst count7
ConsensusSTRONG BUY
Strong buy / Buy3 / 4
Hold0
Sell / Strong sell0 / 0
Held by insiders1.17%
Held by institutions59.15%
Institutions holding273
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
53.06
-0.98% from price
SMA 20
52.42
+0.22% from price
SMA 50
50.18
+4.71% from price
SMA 100
51.37
+2.28% from price
SMA 200
50.55
+3.94% from price
EMA 12
52.63
-0.18% from price
EMA 26
51.92
+1.19% from price
EMA 50
51.27
+2.49% from price
RSI (14)
55.2
Neutral
MACD (12,26,9)
0.71
Hist -0.15
ATR (14)
1.05
1.99% of price
Realised vol 30D
18.7%
Annualised
Bollinger upper
54.27
20, 2σ
Bollinger lower
50.58
20, 2σ
50 / 200 cross
Death
50.18 vs 50.55
Trend bias
Above 200
+3.94%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.28
Less volatile than market
Correlation to SPY
0.15
Largely independent
Realised vol 30D
18.7%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-20.7%
Peak to trough
Max drawdown 5Y
-23.4%
Peak to trough
ATR 14
1.05
1.99% of price
Beta (reported)
0.04
5Y monthly, from filing
Short interest
Shares short
5.25M
Prior 6.40M
Change vs prior
-17.9%
Shorts covering
% of float
—
—
% of shares out
1.53%
Against total outstanding
Days to cover
5.0
Liquid
Float
272.18M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Apr 9, 21 | Deutsche Bank | MAINTAINED | — | Buy |
Dividends & splits
Forward rate$0.96 / yr
Forward yield1.83%
5-year avg yield2.03%
Payout ratio42.40%
Ex-dividend dateAug 14, 2026
Next pay dateAug 28, 2026
Last split5:1
Split dateJun 14, 2023
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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