Linamar Corp. (TSE:LNR)
TSX:LNR
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
2.8Last Year’s EPS
2.76Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized many material positives: record normalized earnings, robust mobility performance (double-digit sales and large YoY earnings growth), nearly $1 billion of free cash flow, a strong balance sheet (net debt/EBITDA ~0.8x), disciplined capital allocation (CapEx down 24%), successful strategic acquisitions (Aludyne, Leipzig) and $1.5 billion of new mobility wins. These strengths largely offset notable challenges in the Industrial and Agriculture end markets (double-digit declines and tariff exposure), localized margin pressure in Q4 and continued macro/ tariff uncertainty. Overall, operational execution, cash generation and strategic expansion were presented as dominant themes, outweighing the headwinds.Company Guidance
Record Earnings and EPS Growth
Full-year 2025 record normalized earnings of $622.1 million (6.1% of sales). Q4 normalized net earnings of $136.4 million (5.4% of sales), up 22% year-over-year. Normalized EPS: $2.28 in Q4 (up 25.3% YoY); full-year EPS $10.36 (up 5.6% YoY).
Exceptional Mobility Segment Performance
Mobility earnings grew 47% in the quarter and 34% for the year. Mobility sales increased ~13% (Q4 increase of $223.6 million or 12.9% to ~$2.0 billion). Q4 Mobility normalized operating earnings rose 47.3% to $132.1 million.
Strong Free Cash Flow and Balance Sheet
Nearly $1.0 billion of free cash flow generated in 2025. Generated $471.4 million in cash from operating activities in Q4. Net debt-to-EBITDA improved to ~0.77–0.8x (well below peer levels cited >2.5x). Liquidity increased to $2.1 billion.
Disciplined Capital Allocation and Lower CapEx
CapEx was down 24% in 2025 despite a significant backlog of launches. Continued NCIB activity and share repurchases: ~462,000 shares repurchased in Q4 (~$39 million) and ~2.2 million shares (~$139 million) purchased since Nov 2024.
Strategic M&A and Technology Expansion
Acquisitions (Aludyne and GF Leipzig ductile iron casting facility) added significant new process capabilities and expanded addressable market. Management reports Aludyne integration is “to plan or better,” accelerating structural casting wins and launch opportunities.
Strong New Business Wins and CPV Growth
Secured $1.5 billion in new Mobility business wins in 2025. Commercial performance: North America CPV up 19.2% to $329, Europe CPV up 5.9% to $92.82, Asia CPV up 0.4% to $10.43. Canadian mobility plant wins at a 5-year high as a percentage of global wins.
Skyjack Outperformance & Industry Recognition
Skyjack unit volumes: Q4 up 15.9% and full-year up 12.1% vs. a market down ~19% for the year—driven by share gains in scissor lifts and booms. Skyjack received Supplier of the Year recognition; launched SJ28 electric telescopic boom for APAC.
TSE:LNR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:LNR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 04, 2026 | C$92.37 | C$94.88 | +2.72% |
Nov 12, 2025 | C$75.00 | C$78.95 | +5.27% |
Aug 13, 2025 | C$72.46 | C$71.89 | -0.79% |
May 07, 2025 | C$52.23 | C$57.07 | +9.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Linamar Corp. (TSE:LNR) report earnings?
Linamar Corp. (TSE:LNR) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
What is Linamar Corp. (TSE:LNR) earnings time?
Linamar Corp. (TSE:LNR) earnings time is at May 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:LNR EPS forecast?
TSE:LNR EPS forecast for the fiscal quarter 2026 (Q1) is 2.8.