# Finning International Inc. (FTT.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Industrials / Trading Companies & Distributors. Price C$91.56, market value C$12.0 billion.

## Valuation
- **P/E (trailing): 21.9×** (5-yr avg 12.4×, 3-yr avg 13.3×). Finning International Inc. trades at 21.9× trailing earnings, well above its own five-year average of 12.4×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 17.0×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 3.62**. A PEG of 3.62 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 1.1×**. Each dollar of revenue is priced at 1.1×.
- **Price / book: 4.0×**. The shares trade at 4.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 11.2×**. Enterprise value is 11.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 1.8%** (5-yr avg 4.8%). Free cash flow equals 1.8% of the market value, below its five-year average of 4.8%, so the shares are pricier on cash than usual.
- **Earnings yield: 4.6%**. The inverse of the P/E: 4.6% of the price is earned each year.

## Profitability
- **Gross margin: 22.3%**. Finning International Inc. keeps 22.3% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 7.8%**. 7.8% of revenue is left after running the business.
- **Net margin: 4.8%**. 4.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 18.1%**. 18.1% on shareholders' equity is solid.
- **Return on invested capital: 13.9%**. Return on all capital, debt included, is 13.9%.
- **Return on assets: 7.1%**. Each dollar of assets produces 7.1% of profit.

## Growth
- **Revenue growth (1 yr): -5.5%** (3-yr 4.5%/yr, 5-yr 11.3%/yr). Revenue fell 5.5% over the last year, against 11.3% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 4.7%** (3-yr 5.4%/yr, 5-yr 21.5%/yr). Earnings per share rose 4.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.83**. Debt is 0.83 times equity, moderate leverage.
- **Net debt / EBITDA: 1.5×**. It would take 1.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 6.8×**. Operating profit covers interest 6.8× over, a safe margin.
- **Current ratio: 1.67** (quick 0.75). Current assets cover the next year's liabilities 1.67 times.
- **Altman Z-score: 3.98**. A Z-score of 3.98 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 1.42%** (C$1.23 per share, trailing). Finning International Inc. yields 1.42%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 31%** (76% of free cash flow). 31% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 7.6%/yr** (1-yr 10.1%). The dividend has grown 7.6% a year over five years.
- **Shareholder yield: 3.1%**. Dividends plus net buybacks return 3.1% of the market value a year.

## Price and momentum
- **Total return (1 yr): 59.1%** (YTD 23.9%, 3-mo -10.6%). The shares are up 59.1% over twelve months including dividends.
- **From 52-week high: -16.4%** (60.6% above the low). Trading 16% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 1.37** (volatility 40%). Beta of 1.37 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FTT.TO · Page: https://foliofundamentals.com/stocks/ftt.to

Not investment advice.