Stock Analysis
- Canada
- /
- Auto Components
- /
- TSX:LNR
Linamar Full Year 2024 Earnings: EPS: CA$4.20 (vs CA$8.18 in FY 2023)
Linamar (TSE:LNR) Full Year 2024 Results
Key Financial Results
- Revenue: CA$10.6b (up 8.7% from FY 2023).
- Net income: CA$258.3m (down 49% from FY 2023).
- Profit margin: 2.4% (down from 5.2% in FY 2023).
- EPS: CA$4.20 (down from CA$8.18 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Linamar Earnings Insights
The primary driver behind last 12 months revenue was the Mobility segment contributing a total revenue of CA$7.53b (71% of total revenue). Notably, cost of sales worth CA$9.08b amounted to 86% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling CA$672.3m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how LNR's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 7.3% growth forecast for the Auto Components industry in North America.
Performance of the market in Canada.
The company's shares are down 2.7% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Linamar that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSX:LNR
Linamar
Produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America.