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Wajax Corporation ( (TSE:WJX) ) has shared an update.
Wajax Corporation reported 2025 revenue of $2.15 billion, up 2.3% from 2024, with fourth-quarter sales essentially flat at $560 million but adjusted earnings per share more than doubling in the quarter and rising 19.2% for the year. The company highlighted a 100-basis-point improvement in quarterly gross margin, a sharp reduction in selling and administrative expenses, and strong growth in cash from operations, driven largely by inventory optimization that cut inventories by $126.4 million in 2025 and reduced its leverage ratio to within the target range of 1.5 to 2.0 times.
Management emphasized that disciplined cost control, tighter working-capital management and margin improvement initiatives have strengthened Wajax’s balance sheet and enhanced profitability, positioning the business more defensively amid competitive market conditions. Improved product support margins and better performance in industrial parts and engineered repair services in the latter half of 2025 suggest a more resilient earnings mix going into 2026, as the company maintains its focus on efficiency, cash generation and sustainable performance.
The most recent analyst rating on (TSE:WJX) stock is a Hold with a C$29.00 price target. To see the full list of analyst forecasts on Wajax Corporation stock, see the TSE:WJX Stock Forecast page.
Spark’s Take on TSE:WJX Stock
According to Spark, TipRanks’ AI Analyst, TSE:WJX is a Neutral.
The score is driven primarily by improving financial momentum and strong recent cash generation, supported by a moderate valuation and high dividend yield. Technicals are modestly positive but not strong, while earnings-call positives (margin/EBITDA and deleveraging) are tempered by backlog decline and competitive/economic pressures.
To see Spark’s full report on TSE:WJX stock, click here.
More about Wajax Corporation
Wajax Corporation is a Canadian industrial equipment distributor and service provider listed on the TSX under the symbol WJX. The company generates revenue from equipment sales, product support, industrial parts, engineered repair services and equipment rental, serving a broad base of industrial and resource-sector customers across Canada.
Average Trading Volume: 38,418
Technical Sentiment Signal: Buy
Current Market Cap: C$690.4M
For a thorough assessment of WJX stock, go to TipRanks’ Stock Analysis page.