TMX Group Limited

X · Financial Services

About TMX Group Limited (X)

TMX Group Limited is a Financial Data & Stock Exchanges company operating in the Financial Services sector. The company is headquartered in Toronto, Canada. X has been publicly traded since 2003, giving it 23+ years of trading history.

TMX Group Limited (X) has been publicly traded since 2003, making it a 23-year-old public company. It operates in the Financial Data & Stock Exchanges industry within the Financial Services sector. The company is headquartered in Toronto, Canada and employs approximately 2,185 people. With a market capitalization of C$14 billion, X is a large established company.

X trades on the Toronto Stock Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately C$14 billion. The company employs approximately 2,185 people worldwide.

Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Headquarters
Toronto, Canada
IPO Year
2003

Key Statistics

Current Price
C$49.08
Market Cap
C$13.65B
52-Week High
C$57.98
52-Week Low
C$44.10
Sector
Financial Services
Industry
Financial Data & Stock Exchanges

X Investment Performance

X has declined 5.5% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in X would have grown to C$2,093, representing a 109.3% total return. Since its IPO in 2003, a C$1,000 investment would now be worth C$26,549.

C$1,000 Invested in TMX Group Limited (X)

1 Year
C$950
+-5%
3 Years
C$1,906
+91%
5 Years
C$2,093
+109%
10 Years
C$6,635
+563%
Since IPO
C$26,549
+2555%

How much would C$1,000 invested in X be worth today?

What would C$1,000 invested in X 1 year ago be worth today?

A C$1,000 investment in TMX Group Limited (X) in 2025 would be worth C$950 as of March 2026, representing a -5.0% total return.

What would C$1,000 invested in X 3 years ago be worth today?

A C$1,000 investment in TMX Group Limited (X) in 2023 would be worth C$1,906 as of March 2026, representing a +90.6% total return.

What would C$1,000 invested in X 5 years ago be worth today?

A C$1,000 investment in TMX Group Limited (X) in 2021 would be worth C$2,093 as of March 2026, representing a +109.3% total return.

What would C$1,000 invested in X 10 years ago be worth today?

A C$1,000 investment in TMX Group Limited (X) in 2016 would be worth C$6,635 as of March 2026, representing a +563.5% total return.

What would C$1,000 invested in X at IPO be worth today?

A C$1,000 investment in TMX Group Limited (X) at IPO would be worth C$26,549 as of March 2026, representing a +2554.8% total return.

Monthly Returns Heatmap

Avg Monthly Return
+1.43%
Positive Months
158
59% of 269
Negative Months
110
41% of 269
Data Period
22+ years
269 months
Best Performers
Best month ever: Jan 2009 (+27.3%)
Best month on avg: January (+3.9%)
Worst Performers
Worst month ever: Dec 2015 (-23.2%)
Worst month on avg: October (-0.4%)

Over the past 22+ years (269 months), TMX Group Limited (X) has averaged a monthly return of +1.43% with a median return of +1.16%. The stock had 158 positive months (59%) and 110 negative months (41%). The best month in X's history was January 2009 with a +27.3% return, while the worst was December 2015 at -23.2%. Historically, January tends to be the strongest month (averaging +3.9%), and October the weakest (-0.4%).

X's longest winning streak was 10 consecutive months of gains, while its longest losing streak was 6 consecutive months of losses. The best full year was 2016 with a cumulative return of +76.2%, and the worst was 2008 at -64.3%.

Annual Returns

Over 23 years of trading history, TMX Group Limited (X) has delivered an average annual return of +18.73% with a median return of +17.07%. The compound annual growth rate (CAGR) is +14.43%. The stock posted gains in 20 years (87%) and losses in 3 years (13%).

X's best year was 2016 with a +106.16% gain, while the worst was 2008 at -50.28%. The longest streak of consecutive positive years was 10, and the longest losing streak was 1 years. X achieved double-digit gains (10%+) in 13 years. It suffered double-digit losses in 2 years.

Avg Return
+18.73%
Best Year
2016 (+106.16%)
Worst Year
2008 (-50.28%)
Positive Years
20/23
Year Return Start End
2026 -5.54% C$51.96 C$49.08
2025 +19.83% C$43.36 C$51.96
2024 +40.85% C$30.78 C$43.36
2023 +21.20% C$25.40 C$30.78
2022 +8.39% C$23.43 C$25.40
2021 +3.21% C$22.71 C$23.43
2020 +15.50% C$19.66 C$22.71
2019 +63.10% C$12.05 C$19.66
2018 +3.22% C$11.68 C$12.05
2017 +1.31% C$11.52 C$11.68
2016 +106.16% C$5.59 C$11.52
2015 -26.91% C$7.65 C$5.59
2014 +2.14% C$7.49 C$7.65
2013 +3.84% C$7.21 C$7.49
2012 +25.87% C$5.73 C$7.21
2011 +17.07% C$4.89 C$5.73
2010 +17.41% C$4.17 C$4.89
2009 +37.99% C$3.02 C$4.17
2008 -50.28% C$6.08 C$3.02
2007 +17.07% C$5.19 C$6.08
2006 +2.31% C$5.07 C$5.19
2005 +79.07% C$2.83 C$5.07
2004 +28.03% C$2.21 C$2.83

X Investment Analysis: Valuation, Risk & Dividends

Key factors to consider when evaluating TMX Group Limited as an investment

Valuation

X currently trades at a trailing P/E ratio of 32.9, which is considered high relative to the broader market. The forward P/E of 19.4 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 2.9. The price-to-sales ratio is 8.0.

Dividends

TMX Group Limited pays a dividend to shareholders with a current yield of 1.79%. This translates to C$0.88 per share annually. The payout ratio of 56% indicates sustainable dividend coverage.

Risk & Volatility

X has a beta of 0.04, indicating it is less volatile than the overall market. The stock's 52-week range is C$44.10 to C$57.98, and it currently trades in the lower half of its 52-week range.

Analyst Ratings

Based on 8 analyst opinions, X has a consensus "none" rating. The average price target of C$61.25 suggests 24.8% upside from current levels.

Frequently Asked Questions: X

What sector is X in?

X operates in the Financial Services sector, specifically in the Financial Data & Stock Exchanges industry. This sector includes banks, insurance companies, asset managers, and fintech companies.

How has X performed historically?

Over 23 years of trading history, X has posted gains in 20 years (87% of the time). The best year was 2016 with a +106.2% return. Past performance does not guarantee future results.

How can I invest in X?

You can invest in X through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold X.

Does X pay dividends?

TMX Group Limited pays a dividend to shareholders with a current yield of 1.79%. This translates to C$0.88 per share annually. The payout ratio of 56% indicates sustainable dividend coverage.

What does TMX Group Limited do?

TMX Group Limited is a Financial Data & Stock Exchanges company operating in the Financial Services sector. The company is headquartered in Toronto, Canada.

What sector is X in?

X operates in the Financial Services sector, specifically in the Financial Data & Stock Exchanges industry.

When did X go public?

TMX Group Limited went public in 2003, making it a 23-year-old public company as of 2026.

How much would C$1,000 invested in X 5 years ago be worth today?

A C$1,000 investment in X five years ago would be worth approximately C$2,093 today, representing a 109.3% return.

How much would C$1,000 invested in X 10 years ago be worth today?

A C$1,000 investment in X ten years ago would be worth approximately C$6,635 today, representing a 563.5% total return over the decade.

What is X's 3-year return?

Over the past 3 years, X has returned 90.6%. A C$1,000 investment would have grown to C$1,906.

How much would C$1,000 invested in X at IPO be worth today?

If you invested C$1,000 in X at its IPO in 2003, it would be worth approximately C$26,549 today, a 2,554.8% return over 23 years.

Does X pay dividends?

Yes, TMX Group Limited pays a dividend with a current yield of 1.79%, which is C$0.88 per share annually.

What is X's market cap?

TMX Group Limited has a market capitalization of C$14 billion, classifying it as a large-cap company.

What is X's P/E ratio?

X has a trailing P/E ratio of 32.9 and a forward P/E of 19.4, which measures how much investors are paying per dollar of earnings.

Is X a buy, hold, or sell?

Based on 8 opinions, X has a consensus "none" rating. The average price target is C$61.25.

Last updated: 3/15/2026