TMX Group Limited X.TO TSX

TMX Group Limited (X.TO) generated $212.8M in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $57.8M, free cash flow was $155M.

Free cash flow margin was 11.2% of revenue. Cash conversion ratio was 1.26x, indicating earnings are backed by cash.

The company returned $61.2M in dividends to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (58/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (55/100) — Cash conversion ratio was 1.26x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 66/100 with 2/7 criteria passed.