Finning International Inc. (FTT) - Net Assets

Latest as of December 2025: CA$2.79 Billion CAD

Based on the latest financial reports, Finning International Inc. (FTT) has net assets worth CA$2.79 Billion CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$7.80 Billion) and total liabilities (CA$5.01 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$2.79 Billion
% of Total Assets 35.74%
Annual Growth Rate 6.07%
5-Year Change 18.99%
10-Year Change 46.66%
Growth Volatility 14.05

Finning International Inc. - Net Assets Trend (1994–2025)

This chart illustrates how Finning International Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Finning International Inc. (1994–2025)

The table below shows the annual net assets of Finning International Inc. from 1994 to 2025.

Year Net Assets Change
2025-12-31 CA$2.79 Billion +5.53%
2024-12-31 CA$2.64 Billion +4.43%
2023-12-31 CA$2.53 Billion +2.80%
2022-12-31 CA$2.46 Billion +5.04%
2021-12-31 CA$2.34 Billion +6.21%
2020-12-31 CA$2.21 Billion +4.30%
2019-12-31 CA$2.12 Billion +0.28%
2018-12-31 CA$2.11 Billion +7.44%
2017-12-31 CA$1.96 Billion +3.26%
2016-12-31 CA$1.90 Billion -7.27%
2015-12-31 CA$2.05 Billion -3.79%
2014-12-31 CA$2.13 Billion +14.69%
2013-12-31 CA$1.86 Billion +18.59%
2012-12-31 CA$1.57 Billion +16.48%
2011-12-31 CA$1.34 Billion -3.00%
2010-12-31 CA$1.39 Billion -8.52%
2009-12-31 CA$1.52 Billion -3.28%
2008-12-31 CA$1.57 Billion -3.13%
2007-12-31 CA$1.62 Billion -0.41%
2006-12-31 CA$1.62 Billion +14.96%
2005-12-31 CA$1.41 Billion +6.54%
2004-12-31 CA$1.33 Billion -4.15%
2003-12-31 CA$1.38 Billion +2.08%
2002-12-31 CA$1.36 Billion +12.87%
2001-12-31 CA$1.20 Billion +71.93%
2000-12-31 CA$698.46 Million +0.27%
1999-12-31 CA$696.60 Million +2.91%
1998-12-31 CA$676.90 Million -1.50%
1997-12-31 CA$687.20 Million +15.28%
1996-12-31 CA$596.10 Million +17.64%
1995-12-31 CA$506.70 Million +12.98%
1994-12-31 CA$448.50 Million --

Equity Component Analysis

This analysis shows how different components contribute to Finning International Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 705.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CA$2.00 Billion 71.88%
Common Stock CA$472.00 Million 16.93%
Other Components CA$312.00 Million 11.19%
Total Equity CA$2.79 Billion 100.00%

Finning International Inc. Competitors by Market Cap

The table below lists competitors of Finning International Inc. ranked by their market capitalization.

Company Market Cap
SARTORIUS (UNSP.ADS)/1/5
F:SRT0
 		$9.03 Billion
CubeSmart
NYSE:CUBE
 		$9.04 Billion
Hotai Motor Co Ltd
TW:2207
 		$9.04 Billion
Commercial International Bank -Egypt S.A.E
LSE:CBKD
 		$9.04 Billion
Shenzhen Megmeet Electrical Co Ltd
SHE:002851
 		$9.03 Billion
Baloise Holding AG
SW:BALN
 		$9.01 Billion
Cognex Corporation
NASDAQ:CGNX
 		$9.00 Billion
Loral Space & Communications Inc
TO:LORL
 		$9.00 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Finning International Inc.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,629,000,000 to 2,788,000,000, a change of 159,000,000 (6.0%).
  • Net income of 658,000,000 contributed positively to equity growth.
  • Dividend payments of 156,000,000 reduced retained earnings.
  • Share repurchases of 290,000,000 reduced equity.
  • Other comprehensive income decreased equity by 375,000,000.
  • Other factors increased equity by 322,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$658.00 Million +23.6%
Dividends Paid CA$156.00 Million -5.6%
Share Repurchases CA$290.00 Million -10.4%
Other Comprehensive Income CA$-375.00 Million -13.45%
Other Changes CA$322.00 Million +11.55%
Total Change CA$- 6.05%

Book Value vs Market Value Analysis

This analysis compares Finning International Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 4.48x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 33.39x to 4.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CA$2.86 CA$95.44 x
1995-12-31 CA$3.21 CA$95.44 x
1996-12-31 CA$3.69 CA$95.44 x
1997-12-31 CA$4.21 CA$95.44 x
1998-12-31 CA$4.37 CA$95.44 x
1999-12-31 CA$4.32 CA$95.44 x
2000-12-31 CA$4.47 CA$95.44 x
2001-12-31 CA$5.00 CA$95.44 x
2002-12-31 CA$5.91 CA$95.44 x
2003-12-31 CA$6.10 CA$95.44 x
2004-12-31 CA$8.25 CA$95.44 x
2005-12-31 CA$7.89 CA$95.44 x
2006-12-31 CA$9.03 CA$95.44 x
2007-12-31 CA$8.96 CA$95.44 x
2008-12-31 CA$9.04 CA$95.44 x
2009-12-31 CA$8.86 CA$95.44 x
2010-12-31 CA$8.07 CA$95.44 x
2011-12-31 CA$7.81 CA$95.44 x
2012-12-31 CA$9.09 CA$95.44 x
2013-12-31 CA$10.78 CA$95.44 x
2014-12-31 CA$12.32 CA$95.44 x
2015-12-31 CA$11.98 CA$95.44 x
2016-12-31 CA$11.31 CA$95.44 x
2017-12-31 CA$11.65 CA$95.44 x
2018-12-31 CA$12.51 CA$95.44 x
2019-12-31 CA$12.94 CA$95.44 x
2020-12-31 CA$13.59 CA$95.44 x
2021-12-31 CA$14.37 CA$95.44 x
2022-12-31 CA$15.75 CA$95.44 x
2023-12-31 CA$17.02 CA$95.44 x
2024-12-31 CA$18.69 CA$95.44 x
2025-12-31 CA$21.30 CA$95.44 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Finning International Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 23.60%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.21%
  • • Asset Turnover: 1.36x
  • • Equity Multiplier: 2.80x
  • Recent ROE (23.60%) is above the historical average (12.41%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 13.69% 4.21% 1.06x 3.07x CA$16.55 Million
1995 15.30% 4.42% 1.09x 3.17x CA$26.83 Million
1996 14.80% 4.70% 1.04x 3.04x CA$28.59 Million
1997 15.09% 4.46% 0.99x 3.42x CA$34.98 Million
1998 0.47% 0.12% 1.16x 3.29x CA$-64.49 Million
1999 8.56% 2.69% 1.09x 2.91x CA$-10.06 Million
2000 10.51% 3.01% 1.13x 3.09x CA$3.55 Million
2001 13.39% 3.20% 1.07x 3.92x CA$26.33 Million
2002 14.22% 4.12% 1.04x 3.30x CA$39.22 Million
2003 13.77% 3.67% 1.05x 3.58x CA$36.09 Million
2004 8.67% 2.76% 1.09x 2.87x CA$-17.67 Million
2005 11.61% 3.39% 1.29x 2.64x CA$22.73 Million
2006 17.08% 5.50% 1.20x 2.59x CA$114.96 Million
2007 17.19% 4.91% 1.37x 2.56x CA$116.28 Million
2008 6.13% 1.60% 1.27x 3.01x CA$-60.71 Million
2009 8.63% 2.76% 1.29x 2.42x CA$-20.75 Million
2010 -5.65% -1.69% 1.28x 2.61x CA$-217.03 Million
2011 19.28% 4.40% 1.44x 3.04x CA$124.87 Million
2012 21.55% 5.13% 1.28x 3.27x CA$180.96 Million
2013 18.05% 4.96% 1.34x 2.72x CA$149.48 Million
2014 14.94% 4.60% 1.31x 2.47x CA$105.17 Million
2015 -7.85% -2.57% 1.23x 2.49x CA$-366.00 Million
2016 3.42% 1.15% 1.15x 2.58x CA$-125.10 Million
2017 11.26% 3.53% 1.23x 2.59x CA$24.70 Million
2018 11.00% 3.32% 1.23x 2.70x CA$21.10 Million
2019 11.44% 3.10% 1.31x 2.83x CA$30.50 Million
2020 10.52% 3.74% 1.14x 2.47x CA$11.40 Million
2021 15.67% 4.99% 1.22x 2.57x CA$131.70 Million
2022 20.59% 5.42% 1.28x 2.98x CA$258.70 Million
2023 20.80% 4.97% 1.39x 3.01x CA$271.60 Million
2024 19.36% 4.54% 1.45x 2.94x CA$246.10 Million
2025 23.60% 6.21% 1.36x 2.80x CA$379.20 Million

Industry Comparison

This section compares Finning International Inc.'s net assets metrics with peer companies in the Industrial Distribution industry.

Industry Context

  • Industry: Industrial Distribution
  • Average net assets among peers: $167,261,500
  • Average return on equity (ROE) among peers: 4.51%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Finning International Inc. (FTT) CA$2.79 Billion 13.69% 1.80x $9.03 Billion
Doman Building Materials Group Ltd (DBM) $106.14 Million 8.58% 1.62x $656.09 Million
Russel Metals Inc. (RUS) $297.70 Million -0.27% 1.83x $1.97 Billion
Taiga Building Products Ltd. (TBL) $-60.44 Million 0.00% 0.00x $287.35 Million
Wajax Corporation (WJX) $325.65 Million 9.72% 2.01x $507.15 Million

About Finning International Inc.

TO:FTT Canada Industrial Distribution
Market Cap
$9.03 Billion
CA$12.49 Billion CAD
Market Cap Rank
#2215 Global
#37 in Canada
Share Price
CA$95.44
Change (1 day)
+2.68%
52-Week Range
CA$37.92 - CA$97.96
All Time High
CA$97.96
Categories
Companies in Canada Industrial Distribution
About

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-h… Read more