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Canadian manufacturer of precision auto parts/powertrain components and industrial/agricultural equipment (including Skyjack access equipment).
Canadian manufacturer of precision auto parts/powertrain components and industrial/agricultural equipment (including Skyjack access equipment).
Splits income between making components to automakers' designs under long-term supply programs and making finished machines under its own brands: Skyjack lifts and MacDon harvesting equipment. Each customer program is awarded years before production starts and runs for a model's life. The Hasenfratz family is the largest shareholder.
In one line: A diversified auto-parts and industrial equipment manufacturer like a smaller Dana Incorpo.
Moat: narrow (customer qualification, process know-how, scale). Long-term OEM supplier qualifications and precision manufacturing scale create switching costs for automakers.
Headquarters: Guelph, Canada · Founded: 1966 · Employees: 36,768
Size Linamar (LNR.TO) is a Canada Consumer Discretionary company (Auto Parts: OEM) with a market value of $3.63B, the 144th largest of 420 Canada companies the cockpit tracks. Shares closed at C$86.29 on 6 Nov 2026.
Performance Over six months the shares fell 9.5%, against -13.1% for the median peer and +5.2% for the Canada market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 9.3% over the last twelve months (peer median +7.3%); the operating margin is 8.9% (peer median 7.2%).
Valuation It trades at 7.1× forward earnings against a peer median of 13.3× (2nd cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -20 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.4 points above its cost of capital (8.3% WACC).
Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$11.1B | C$10.2B | C$10.6B | C$9.73B | C$7.92B |
| Revenue growth | — | -3% | +9% | +23% | — |
| Gross profit | C$1.62B | C$1.51B | C$1.50B | C$1.32B | C$972M |
| EBITDA | C$1.64B | C$1.39B | C$1.35B | C$1.14B | C$1.00B |
| Net income | C$684M | C$585M | C$258M | C$503M | C$426M |
| Free cash flow | C$1.04B | C$838M | C$594M | -C$17.3M | C$37.1M |
| Capital expenditure | C$371M | C$422M | C$564M | C$790M | C$423M |
| Total debt | C$2.15B | C$2.10B | C$2.29B | C$1.77B | C$1.31B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Linamar LNR.TO | $3.63B | -9% | +9% | 9% | 7.1× | -8.4% |
| Magna International MG.TO | $16.1B | +4% | 0% | 6% | 8.2× | 0.1% |
| Dana DAN | $2.17B | -38% | -9% | 4% | 6.1× | 8.8% |
| Oshkosh OSK | $8.19B | -3% | +4% | 7% | 11.2× | 4.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LNR.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.8% | -5.3% | 9th lowest of 21 |
| 6-month return | -9.5% | -13.1% | 8th highest of 21 |
| Distance from 52-week high | -22.0% | -31.8% | 6th highest of 21 |
| Revenue growth (TTM) | +9.3% | +7.3% | 8th highest of 21 |
| Operating margin | 8.9% | 7.2% | 8th highest of 21 |
| Forward P/E | 7.1× | 13.3× | 2nd cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -8.4% | 0.9% | least demanding of 19 |
| Growth delivered (Del g) | +12.0% | +8.5% | 5th highest of 18 |
| Hurdle (Req g minus delivered) | -20.3 pp | -8.8 pp | 2nd least demanding of 18 |
| ROIC minus cost of capital | +1.4 pp | +1.4 pp | 11th highest of 21 |
| EV / EBITDA | 3.6× | 5.6× | 2nd cheapest of 12 |
| Net debt / EBITDA | 0.5× | 0.4× | 6th most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Linamar LNR.TO | Canada | $3.63B | -9% | +9% | 9% | 7.1× | -8.4% | +12.0% |
| Aumovio AMV0.DE | Germany | $3.57B | -12% | -6% | -6% | n/a | 10.2% | n/a |
| Bethel Automotive Safety Systems 603596.SS | China | $3.70B | -11% | +21% | 10% | 16.0× | 7.0% | +31.7% |
| Garrett Motion GTX | United States | $3.72B | -31% | +7% | 15% | 9.9× | -6.9% | +3.4% |
| Zhejiang Yinlun Machinery 002126.SZ | China | $3.53B | -39% | +28% | 7% | 23.0× | 14.6% | +19.9% |
| ZCZL Industrial Technology 0564.HK | Hong Kong | $3.80B | -29% | +9% | 9% | 4.4× | -5.3% | +8.5% |
| Toyoda Gosei 7282.T | Japan | $3.81B | +26% | +13% | 7% | 9.8× | 0.5% | +9.7% |
| CIE Automotive CIE.MC | Spain | $3.46B | -11% | +4% | 14% | 8.5× | -6.7% | +6.5% |
| Jtekt 6473.T | Japan | $3.82B | -1% | +4% | 5% | 11.4× | 1.2% | +9.1% |
| Inter Cars CAR.WA | Poland | $3.83B | +38% | +12% | 6% | 13.9× | 9.5% | +18.3% |
| Fulin Precision 300432.SZ | China | $3.84B | -47% | +95% | 5% | 20.2× | n/a | n/a |
| Sensteed Hi-Tech 000981.SZ | China | $3.36B | -42% | -15% | -39% | n/a | n/a | n/a |
| Anhui Zhongding Sealing Parts 000887.SZ | China | $3.32B | -3% | +9% | 8% | 15.1× | 3.8% | +11.4% |
| Exide Industries EXIDEIND.NS | India | $3.20B | -2% | +13% | 8% | 21.7× | 27.5% | +11.7% |
| Atmus Filtration Technologies ATMU | United States | $4.13B | -9% | +13% | 17% | 16.2× | 8.1% | +7.4% |
| NHK Spring 5991.T | Japan | $3.18B | -14% | +3% | 6% | 9.8× | 5.2% | +7.4% |
| Gentex GNTX | United States | $4.19B | -15% | +8% | 19% | 9.9× | -4.7% | +8.5% |
| Koito Manufacturing 7276.T | Japan | $4.27B | -6% | +6% | 6% | 13.3× | -0.8% | +6.1% |
| Valeo FR.PA | France | $3.00B | -15% | -2% | 4% | 7.3× | -8.2% | +4.9% |
| Ningbo Joyson Electronic 600699.SS | China | $4.44B | -27% | -6% | 5% | 21.9× | -1.1% | +5.0% |
| Changzhou Xingyu Automotive Lighting Systems 601799.SS | China | $2.92B | -45% | +2% | 9% | 13.4× | -0.6% | +15.8% |