Financials AtkinsRéalis Group Inc.

Equities

ATRL

CA04764T1049

Construction & Engineering

Market Closed - Toronto S.E. Other stock markets 16:00:00 2025-07-07 EDT			5-day change	1st Jan Change
98.25 ^CAD	-1.26%		+2.87%	+28.84%

06-26	Stifel Canada on AtkinsRealis Buying Back Shares From La Caisse	MT
06-25	AtkinsRealis Brief: Adds Repurchase Price Represents a Discount of 3% to Closing Price of Shares on TSX on June 25, 2025 and Will Be Paid Using Cash On Hand	MT

Projected Income Statement: AtkinsRéalis Group Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	7,886	7,371	7,549	8,634	9,668	10,763	11,495	12,298
Change	-	-6.53%	2.41%	14.38%	11.97%	11.32%	6.81%	6.98%
EBITDA ¹	200.1	525	453	762.6	826.5	1,023	1,196	1,345
Change	-	162.37%	-13.71%	68.34%	8.38%	23.82%	16.86%	12.47%
EBIT ¹	-113.3	348	201.5	514.3	581.1	812.4	1,011	1,144
Change	-	407.07%	-42.08%	155.18%	12.99%	39.8%	24.51%	13.1%
Interest Paid ¹	-114	-113.9	-115.7	-185.5	-162.8	-122	-105.4	-67.2
Earnings before Tax (EBT) ¹	-406	83.65	-20.74	325.6	365	652	870	1,017
Change	-	120.6%	-124.79%	1,670.08%	12.09%	78.64%	33.44%	16.9%
Net income ¹	-965.4	666.6	9.8	287.2	283.9	439	680	815
Change	-	169.04%	-98.53%	2,830.61%	-1.15%	54.63%	54.9%	19.85%
Announcement Date	3/9/21	3/3/22	3/3/23	2/29/24	3/13/25	-	-	-

¹CAD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	1,953	2,006	1,698	1,820	1,798	1,809	1,945	1,888	1,872	1,889	1,900	2,023	2,132	2,200	2,280	2,264	2,364	2,452	2,588	2,546	2,592	2,804	2,861	2,787	2,733	2,959	3,060
Change	-	2.71%	-15.35%	7.17%	-1.21%	0.61%	7.53%	-2.92%	-0.88%	0.96%	0.57%	6.47%	5.36%	3.22%	3.61%	-0.67%	4.4%	3.73%	5.53%	-1.62%	1.82%	8.16%	2.06%	-2.59%	-1.95%	8.27%	3.41%
EBITDA ¹	51	118.6	-235.5	179.3	157.1	135.7	58.5	117.9	131.8	144.9	58.4	160.5	183.9	184.3	233.9	168.9	202.7	251.3	203.6	214.2	245.1	279.4	277.2	264.6	286	324.5	329.8
Change	-	132.52%	-298.59%	176.14%	-12.41%	-13.6%	-56.89%	101.54%	11.79%	9.94%	-59.7%	174.83%	14.58%	0.22%	26.91%	-27.79%	20.01%	23.98%	-18.98%	5.21%	14.43%	13.98%	-0.79%	-4.53%	8.09%	13.45%	1.65%
EBIT ¹	-7.548	45.91	-213.2	131.2	112	85.6	13.28	76.2	88.5	81.7	-44.86	101.9	121.4	121.4	169.6	107	140.6	192.3	141.2	153.7	200.1	229	236.4	212.7	235.7	281.8	285.9
Change	-	708.27%	-564.39%	161.55%	-14.68%	-23.55%	-84.48%	473.75%	16.14%	-7.68%	-154.91%	327.15%	19.14%	0%	39.7%	-36.91%	31.4%	36.77%	-26.57%	8.85%	30.16%	14.45%	3.24%	-10.02%	10.83%	19.56%	1.43%
Charge d'intérêts	-26.34	-26.17	-26.8	-	-25.95	-26.34	-27.88	-24.84	-28.25	-	-46.94	-	-	-	-	-	-	-	-40.7	-37.53	-	-	-	-37	-37	-37	-37
Earnings before Tax (EBT)	-128	-39.32	-163.8	-	54.48	-	-	-	6.973	-	-	-	-	-	-	-	-	-	61.3	83.89	-	-	-	-	-	-	-
Change	-	69.28%	-316.65%	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36.84%	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52.4	69.1	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31.87%	-	-	-	-	-	-	-
Announcement Date	7/31/20	10/30/20	3/9/21	5/14/21	7/30/21	10/29/21	3/3/22	5/5/22	8/4/22	11/4/22	3/3/23	5/9/23	8/3/23	11/10/23	2/29/24	5/15/24	8/9/24	11/14/24	3/13/25	5/15/25	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: AtkinsRéalis Group Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	1,309	1,383	1,737	1,737	1,530	972	-191	-1,015
Change	-	5.65%	25.6%	0%	-11.92%	-36.46%	-119.65%	-431.41%
Announcement Date	3/9/21	3/3/22	3/3/23	2/29/24	3/13/25	-	-	-

¹CAD in Million

Estimates

Cash Flow Forecast: AtkinsRéalis Group Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	75.82	106.3	109.8	91.8	159.9	169.7	165.1	164.1
Change	-	40.19%	3.33%	-16.41%	74.21%	6.12%	-2.75%	-0.58%
Free Cash Flow (FCF) ¹	45.66	27.91	-355.2	-106.2	365.9	80.5	486	646.5
Change	-	-38.89%	-1,372.75%	70.1%	444.54%	-78%	503.73%	33.02%
Announcement Date	3/9/21	3/3/22	3/3/23	2/29/24	3/13/25	-	-	-

¹CAD in Million

Estimates

Forecast Financial Ratios: AtkinsRéalis Group Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	2.54%	7.12%	6%	8.83%	8.55%	9.51%	10.4%	10.94%
EBIT Margin (%)	-1.44%	4.72%	2.67%	5.96%	6.01%	7.55%	8.8%	9.3%
EBT Margin (%)	-5.15%	1.13%	-0.27%	3.77%	3.78%	6.06%	7.57%	8.27%
Net margin (%)	-12.24%	9.04%	0.13%	3.33%	2.94%	4.08%	5.92%	6.63%
FCF margin (%)	0.58%	0.38%	-4.71%	-1.23%	3.78%	0.75%	4.23%	5.26%
FCF / Net Income (%)	-4.73%	4.19%	-3,624.36%	-36.97%	128.87%	18.34%	71.47%	79.33%
Profitability
ROA	-8.78%	6.59%	1.01%	5.48%	2.66%	4.2%	5.3%	6.6%
ROE	-9.53%	8.01%	3.35%	11.55%	8.14%	10.5%	11.37%	12.1%
Financial Health
Leverage (Debt/EBITDA)	6.54x	2.63x	3.83x	2.28x	1.85x	0.95x	-	-
Debt / Free cash flow	28.66x	49.55x	-4.89x	-16.35x	4.18x	12.07x	-	-
Capital Intensity
CAPEX / Current Assets (%)	0.96%	1.44%	1.45%	1.06%	1.65%	1.58%	1.44%	1.33%
CAPEX / EBITDA (%)	37.89%	20.25%	24.24%	12.04%	19.35%	16.58%	13.8%	12.2%
CAPEX / FCF (%)	166.04%	380.88%	-30.92%	-86.45%	43.71%	210.83%	33.96%	25.38%
Items per share
Cash flow per share ¹	0.6921	0.7644	-1.398	0.3757	2.994	-	-	-
Change	-	10.45%	-282.83%	126.88%	697.05%	-	-	-
Dividend per Share ¹	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.12
Change	-	0%	0%	0%	0%	0%	0%	50%
Book Value Per Share ¹	-	16.94	16.34	18.02	-	-	-	-
Change	-	-	-3.52%	10.27%	-	-	-	-
EPS ¹	-5.5	3.792	0.0555	1.64	1.62	2.623	3.833	4.48
Change	-	168.94%	-98.54%	2,854.95%	-1.22%	61.93%	46.12%	16.87%
Nbr of stocks (in thousands)	175,554	175,554	175,554	175,554	174,841	165,935	165,935	165,935
Announcement Date	3/9/21	3/3/22	3/3/23	2/29/24	3/13/25	-	-	-