Finning International Achieves Record Equipment Backlog in Q2 2025

Finning International ( (TSE:FTT) ) has shared an update.

Finning International reported its Q2 2025 earnings, highlighting a record equipment backlog of $3 billion, driven by significant mining equipment orders in Canada. Despite stable revenue compared to the previous year, the company achieved a 5% increase in product support revenue and a 5% rise in adjusted EPS from continuing operations. The sale of ComTech and 4Refuel was completed ahead of schedule, allowing Finning to focus on core dealership operations and improve return on invested capital. The company continues to emphasize strategic execution, cost discipline, and growth in its used, rental, and power businesses.

The most recent analyst rating on (TSE:FTT) stock is a Buy with a C$49.00 price target. To see the full list of analyst forecasts on Finning International stock, see the TSE:FTT Stock Forecast page.

Spark’s Take on TSE:FTT Stock

According to Spark, TipRanks’ AI Analyst, TSE:FTT is a Outperform.

Finning International’s overall stock score reflects strong financial performance and positive earnings call outcomes. The stock’s technical indicators show bullish momentum, though caution is advised due to potential overbought conditions. Valuation is reasonable, and recent corporate events support strategic growth.

To see Spark’s full report on TSE:FTT stock, click here.

More about Finning International

Finning International Inc. operates in the industrial equipment sector, specializing in the sale, rental, and support of Caterpillar equipment and engines. The company focuses on diverse markets including mining, construction, and power systems across regions such as Canada, South America, and the UK & Ireland.

Average Trading Volume: 495,575

Technical Sentiment Signal: Buy

Current Market Cap: C$8.01B

For a thorough assessment of FTT stock, go to TipRanks’ Stock Analysis page.