Stocktoria

IMAX CORP IMAX

NYSE · stock · Photographic Equipment & Supplies · website · IPO 1994-06-10

IMAX CORP statistics & valuation

Market cap$2.3B
P / E64.6×
P / S5.5×
P / B5.3×
P / FCF19.0×
Net margin8.5%
Return on equity8.2%
FCF margin29.0%
Graham number -79.7%$10.44

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($10.44); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.60% 0.60% 6.10% 11.80% -104.90% -8.80% -7.60% 6.80% 7.40% 8.50% 2016201720182019202020212022202320242025
Gross margin (%)
53.70% 48.70% 55.50% 54.10% 15.70% 52.70% 52.00% 57.20% 54.00% 60.00% 2016201720182019202020212022202320242025
Operating margin (%)
15.50% 8.30% 12.10% 19.50% -88.90% 4.30% -1.60% 13.40% 12.50% 20.50% 2016201720182019202020212022202320242025
Return on equity (%)
4.60% 0.40% 3.90% 7.40% -31.00% -5.20% -6.90% 7.30% 6.90% 8.20% 2016201720182019202020212022202320242025
Shares outstanding
66.2M 65.5M 63.2M 61.5M 59.2M 59.1M 56.7M 55.1M 53.9M 55.5M 2016201720182019202020212022202320242025
Net debt ($)
-$177.4M -$133.4M -$103.8M -$91.3M -$11.7M -$187.2M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
3.40% 0.30% 2.60% 5.30% -14.40% -2.50% -2.80% 3.10% 3.10% 3.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
16.60% 16.10% 25.80% 21.00% -17.30% 1.00% 3.00% 13.90% 17.70% 29.00% 2016201720182019202020212022202320242025
Debt / equity (×)
0.04× 0.04× 0.06× 0.03× 0.66× 0.01× 2016201720182019202020212022202320242025
EPS ($)
$0.42 $0.04 $0.36 -$2.43 -$0.38 -$0.40 $0.46 $0.48 $0.63 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

IMAX CORP trades at about 81.5× earnings — above its 10-year norm (10-year range 30.4×–496.3×, median 55.4×).

30.4× 496.3×

Shaded band = 10-year range (30.4×–496.3×); dot = today's 81.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin60.0%54.0%57.2%52.0%52.7%15.7%54.1%55.5%48.7%53.7%
Operating margin20.5%12.5%13.4%-1.6%4.3%-88.9%19.5%12.1%8.3%15.5%
Net margin8.5%7.4%6.8%-7.6%-8.8%-104.9%11.8%6.1%0.6%7.6%
FCF margin29.0%17.7%13.9%3.0%1.0%-17.3%21.0%25.8%16.1%16.6%
Return on assets3.9%3.1%3.1%-2.8%-2.5%-14.4%5.3%2.6%0.3%3.4%
Return on equity8.2%6.9%7.3%-6.9%-5.2%-31.0%7.4%3.9%0.4%4.6%
Debt / equity————0.01×0.66×0.03×0.06×0.04×0.04×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.