Linamar (TSE:LNR) Releases Quarterly Earnings Results

Posted by on Nov 6th, 2026

Linamar (TSE:LNR – Get Free Report) released its quarterly earnings results on Wednesday. The company reported C$2.59 earnings per share (EPS) for the quarter, FiscalAI reports. Linamar had a return on equity of 10.96% and a net margin of 6.15%. The firm had revenue of C$3.08 billion for the quarter.

Here are the key takeaways from Linamar’s conference call:

  • Linamar reported Q3 sales of CAD 3.1 billion, up 21%, with normalized net earnings up 2.3% and EPS up 3.2% year over year. Management said its full-year outlook is unchanged and still calls for double-digit sales and normalized EPS growth, with record sales and earnings expected.
  • Mobility earnings were nearly flat despite higher sales, as weaker vehicle production, extended customer shutdowns, slower launch ramps, and unfavorable mix weighed on results. For Q4, the company expects mobility earnings to be flat year over year and consolidated normalized EPS to decline.
  • Linamar cited record new-business wins in Canada and the U.S., record wins in China, and double-digit global mobility content-per-vehicle growth. Management said these gains, along with acquisitions and launches, support future growth even in soft markets.
  • Industrial sales rose 23%, while normalized earnings increased 5.8%, led by Skyjack access-equipment demand and agricultural market-share gains. Skyjack volumes were up 41% year to date, and management pointed to continued demand from data-center construction and other infrastructure projects.
  • Cash generation remained strong, with Q3 free cash flow of CAD 190 million, year-to-date free cash flow above CAD 645 million, and net debt to EBITDA of 0.47x. The company also renewed its share-buyback program; management said more than 90% of sales are not affected by tariffs, though tariffs continue to pressure some industrial earnings.

Linamar Price Performance

Shares of Linamar stock opened at C$87.61 on Friday. Linamar has a one year low of C$73.27 and a one year high of C$110.58. The stock’s fifty day moving average is C$94.85 and its 200 day moving average is C$94.99. The stock has a market cap of C$5.17 billion, a P/E ratio of 7.64, a P/E/G ratio of 1.12 and a beta of 1.53. The company has a debt-to-equity ratio of 32.89, a quick ratio of 0.75 and a current ratio of 1.88.

Linamar Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Wednesday, December 2nd will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, November 20th. Linamar’s dividend payout ratio (DPR) is currently 10.12%.

Linamar News Summary

Here are the key news stories impacting Linamar this week:

  • Positive Sentiment: Linamar reported third-quarter EPS of C$2.59 and revenue of C$3.08 billion; reports characterized earnings and sales as higher. Linamar Reports Higher Earnings, Sales for Third Quarter
  • Positive Sentiment: The company announced a buyback covering 3,723,719 shares, equivalent to 6.38% of issued share capital. Repurchases can support per-share value and signal confidence, though the announcement does not mean all shares have already been bought. Linamar buyback announcement
  • Positive Sentiment: Linamar declared a quarterly dividend of C$0.32 per share, or C$1.28 annualized, representing a stated yield of about 1.5%.
  • Negative Sentiment: TD downgraded Linamar to Hold and cut its price target to C$106 from C$120. Scotia lowered its target to C$103 from C$111 and maintained a Sector Perform rating. Both targets remain above the cited C$87.61 share price, but the reduced expectations and less favorable ratings could weigh on sentiment.

Insiders Place Their Bets

In other Linamar news, Director Mark Stoddart sold 18,932 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of C$105.58, for a total transaction of C$1,998,840.56. Following the completion of the sale, the director owned 455,914 shares of the company’s stock, valued at approximately C$48,135,400.12. The trade was a 3.99% decrease in their ownership of the stock. Company insiders own 33.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LNR shares. Canadian Imperial Bank of Commerce upped their price objective on Linamar from C$115.00 to C$120.00 in a research report on Thursday, August 13th. Scotia cut their price target on Linamar from C$111.00 to C$103.00 and set a “sector perform” rating for the company in a research note on Thursday. TD Securities lowered shares of Linamar from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Scotiabank increased their price objective on shares of Linamar from C$102.00 to C$114.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 13th. Finally, BMO Capital Markets cut shares of Linamar from an “outperform” rating to a “hold” rating and set a C$105.00 price objective on the stock. in a research note on Friday, September 18th. One research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of C$108.86.

View Our Latest Stock Analysis on LNR

Linamar Company Profile

(Get Free Report)

Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company’s Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.

Read More

Earnings History for Linamar (TSE:LNR)

Receive News & Ratings for Linamar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linamar and related companies with MarketBeat.com's FREE daily email newsletter.