Finning International (TSE:FTT) Posts Earnings Results

Finning International (TSE:FTT) posted its quarterly earnings data on Tuesday. The company reported C$1.02 EPS for the quarter, FiscalAI reports. The business had revenue of C$2.50 billion for the quarter. Finning International had a return on equity of 24.05% and a net margin of 6.21%.

Here are the key takeaways from Finning International’s conference call:

• Finning reported a strong 2025, with annual revenue up 7%, product support revenue reaching nearly CAD 6 billion, and new equipment revenue hitting an all-time high of CAD 3.9 billion.
• The company said its Q1 2026 adjusted EPS was a record for first quarter results, while equipment backlog ended March at CAD 3.8 billion, supported by mining orders in Argentina and Canada.
• Finning’s board approved a 7.4% increase in the quarterly dividend, marking the 25th consecutive year of dividend growth and signaling confidence in earnings capacity.
• Management highlighted ongoing growth in product support and said it is expanding its technician workforce to better serve customers, especially after the sale of 4Refuel and ComTech sharpened its strategic focus.
• Executives said they see continued opportunity in Canada, South America, and power, with mining truck populations and data-center-related power demand expected to support growth through the end of the decade.

Finning International Stock Up 8.7%

Shares of TSE:FTT opened at C$104.97 on Thursday. The stock’s 50-day moving average price is C$91.68 and its two-hundred day moving average price is C$83.88. The company has a current ratio of 1.67, a quick ratio of 0.59 and a debt-to-equity ratio of 82.71. Finning International has a 12-month low of C$47.38 and a 12-month high of C$106.15. The firm has a market cap of C$13.73 billion, a price-to-earnings ratio of 21.25, a PEG ratio of 0.56 and a beta of 0.70.

Analyst Upgrades and Downgrades

FTT has been the topic of a number of analyst reports. Royal Bank Of Canada increased their price objective on Finning International from C$89.00 to C$104.00 in a research note on Thursday, February 12th. Scotiabank increased their price objective on Finning International from C$105.00 to C$109.00 and gave the company a “sector outperform” rating in a research note on Tuesday, April 28th. Canadian Imperial Bank of Commerce increased their price objective on Finning International from C$84.00 to C$102.00 in a research note on Friday, February 6th. TD Securities increased their price objective on Finning International from C$100.00 to C$104.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Finally, TD increased their price objective on Finning International from C$104.00 to C$106.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$96.33.

Finning International Company Profile

Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery.