Balance Sheet Keyera Corp.

Stocks

KEY

CA4932711001

Oil & Gas Refining and Marketing

Market Closed - Toronto S.E. Other stock markets 16:00:00 2026-06-15 EDT			5-day change	1st Jan Change
57.20 ^CAD	-2.17%		-0.21%	+30.00%

12:35pm	Keyera Corp., 2026 Guidance/Update Call, Jun 15, 2026
09:53am	Keyera Provides Business Update, 2026 Outlook Following Plains Asset Acquisition	MT

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Published financial data: KEYERA CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	4.98B	7.06B	7.05B	7.14B	6.85B
Total Revenues	4.98B	7.06B	7.05B	7.14B	6.85B
Cost of Goods Sold, Total	3.94B	5.88B	5.62B	5.75B	5.47B
Gross Profit	1.05B	1.18B	1.43B	1.39B	1.38B
Selling General & Admin Expenses, Total	76.82M	82.84M	106M	117M	129M
Stock-Based Compensation (IS)	27.03M	33.28M	50.91M	62.45M	43.8M
Depreciation & Amortization - (IS)	258M	258M	323M	352M	375M
Other Operating Expenses	12.26M	11.34M	11.68M	13.08M	12.88M
Other Operating Expenses, Total	374M	386M	492M	545M	560M
Operating Income	672M	790M	941M	841M	821M
Interest Expense, Total	-157M	-155M	-194M	-207M	-286M
Interest And Investment Income	-	1.31M	1.32M	2.93M	49.15M
Net Interest Expenses	-157M	-154M	-192M	-204M	-237M
Currency Exchange Gains (Loss)	568K	-21.55M	11.47M	-9.26M	14.06M
Other Non Operating Income (Expenses)	-400K	-790K	-314K	-	-
EBT, Excl. Unusual Items	515M	614M	760M	627M	598M
Restructuring Charges	-3.88M	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-28.97M
Impairment of Goodwill	-14.95M	-8.8M	-	-	-
Gain (Loss) On Sale Of Assets	20.8M	-477K	-	11.68M	-
Asset Writedown	-101M	-171M	-214M	-3.4M	-
Other Unusual Items	10.04M	-	-	-	-
EBT, Incl. Unusual Items	426M	433M	547M	635M	569M
Income Tax Expense	102M	105M	123M	148M	137M
Earnings From Continuing Operations	324M	328M	424M	487M	432M
Net Income to Company	324M	328M	424M	487M	432M
Net Income - (IS)	324M	328M	424M	487M	432M
Net Income to Common Incl Extra Items	324M	328M	424M	487M	432M
Net Income to Common Excl. Extra Items	324M	328M	424M	487M	432M
Per Share Items
Net EPS - Basic	1.47	1.48	1.85	2.12	1.89
Basic EPS - Continuing Operations	1.47	1.48	1.85	2.12	1.89
Basic Weighted Average Shares Outstanding	221M	221M	229M	229M	229M
Net EPS - Diluted	1.47	1.48	1.85	2.12	1.89
Diluted EPS - Continuing Operations	1.47	1.48	1.85	2.12	1.89
Diluted Weighted Average Shares Outstanding	221M	221M	229M	229M	229M
Normalized Basic EPS	1.46	1.73	2.07	1.71	1.63
Normalized Diluted EPS	1.46	1.73	2.07	1.71	1.63
Dividend Per Share	1.92	1.92	1.96	2.04	2.12
Payout Ratio	130.89	129.26	114.57	96.06	112.4
Distributable Cash per Share	3.03	2.95	3.73	3.36	3.21
Distributable Cash Shares (Basic)	221M	221M	229M	229M	229M
Distributable Cash Payout Ratio (Income Trusts)	63.47	65.13	52.55	60.64	66.1
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	898M	1.02B	1.24B	1.16B	1.16B
EBITA	691M	809M	961M	862M	842M
EBIT	672M	790M	941M	841M	821M
EBITDAR	904M	1.03B	1.24B	1.17B	1.17B
Effective Tax Rate - (Ratio)	23.94	24.22	22.43	23.38	24.02
Total Current Taxes	32.03M	59.69M	-446K	105M	82.84M
Total Deferred Taxes	70.03M	45.22M	123M	43.52M	53.82M
Normalized Net Income	322M	384M	475M	392M	374M
Distributable Cash	669M	654M	855M	771M	735M
Interest Capitalized	17.19M	39.8M	25.38M	-	3.79M
Interest on Long-Term Debt	165M	185M	188M	198M	225M
Supplemental Operating Expense Items
General and Administrative Expenses	76.82M	82.84M	106M	117M	129M
Net Rental Expense, Total	6.18M	7.3M	7.74M	6.78M	7.14M
Imputed Operating Lease Interest Expense	2.41M	2.99M	3.31M	2.75M	3.25M
Imputed Operating Lease Depreciation	3.77M	4.31M	4.43M	4.03M	3.89M
Maintenance & Repair Expenses, Total	51M	81M	112M	-	-
Stock-Based Comp., G&A Exp. (Total)	2.21M	2.14M	3.08M	6.39M	2.84M
Stock-Based Comp., Other (Total)	27.03M	33.28M	50.91M	62.45M	43.8M
Total Stock-Based Compensation	29.24M	35.43M	53.99M	68.84M	46.63M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	15.94M	-	20.09M	118M	2.33B
Total Cash And Short Term Investments	15.94M	-	20.09M	118M	2.33B
Accounts Receivable, Total	750M	709M	688M	640M	652M
Total Receivables	750M	709M	688M	640M	652M
Inventory	281M	301M	226M	270M	206M
Other Current Assets, Total	52.03M	98.47M	134M	103M	2.11B
Total Current Assets	1.1B	1.11B	1.07B	1.13B	5.3B
Gross Property Plant And Equipment	9.84B	10.61B	11.4B	11.61B	12.1B
Accumulated Depreciation	-3.03B	-3.37B	-3.9B	-4.17B	-4.53B
Net Property Plant And Equipment	6.81B	7.23B	7.49B	7.44B	7.57B
Goodwill	40.81M	32.02M	32.02M	32.02M	32.02M
Other Intangibles, Total	63.29M	59.69M	50.44M	46.52M	36.2M
Deferred Tax Assets Long-Term	30.19M	32.24M	80.31M	80.34M	74.5M
Other Long-Term Assets, Total	87.84M	105M	55.03M	24.6M	32.86M
Total Assets	8.13B	8.57B	8.78B	8.76B	13.05B
Liabilities
Accounts Payable, Total	650M	717M	481M	583M	524M
Accrued Expenses, Total	7.7M	34.34M	20.74M	39.88M	41.22M
Short-term Borrowings	-	1.8M	-	-	-
Current Portion of Long-Term Debt	60M	30M	186M	322M	230M
Current Portion of Leases	31.54M	28.23M	40.82M	48.66M	39.37M
Current Income Taxes Payable	30.42M	27.66M	643K	105M	-
Other Current Liabilities	133M	161M	65.63M	94.87M	2.18B
Total Current Liabilities	913M	1B	795M	1.19B	3.02B
Long-Term Debt	3.45B	3.66B	3.9B	3.38B	5.92B
Long-Term Leases	152M	181M	163M	151M	110M
Deferred Tax Liability Non Current	683M	727M	898M	935M	987M
Other Non Current Liabilities	270M	179M	247M	266M	258M
Total Liabilities	5.47B	5.75B	6B	5.92B	10.29B
Common Stock, Total	3.15B	3.37B	3.37B	3.37B	3.38B
Retained Earnings	-480M	-577M	-602M	-583M	-637M
Comprehensive Income and Other	-12.84M	22.98M	9.03M	41.8M	23.12M
Total Common Equity	2.66B	2.82B	2.78B	2.83B	2.76B
Total Equity	2.66B	2.82B	2.78B	2.83B	2.76B
Total Liabilities And Equity	8.13B	8.57B	8.78B	8.76B	13.05B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	221M	229M	229M	229M	229M
ECS Total Common Shares Outstanding	221M	229M	229M	229M	229M
Book Value / Share	12.02	12.3	12.13	12.36	12.06
Tangible Book Value	2.55B	2.73B	2.7B	2.75B	2.7B
Tangible Book Value Per Share	11.55	11.9	11.77	12.01	11.76
Total Debt	3.7B	3.9B	4.29B	3.9B	6.3B
Net Debt	3.68B	3.9B	4.27B	3.78B	3.96B
Debt Equivalent Oper. Leases	49.47M	58.4M	61.9M	54.25M	57.14M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	273M	291M	210M	249M	173M
Inventories - Others	7.9M	9.75M	16.08M	20.84M	33.87M
Land - (BS)	186M	174M	189M	188M	195M
Machinery, Total	8.7B	9.35B	9.99B	10.1B	10.53B
Full Time Employees	1K	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	4.24M	4.24M	4.24M	4.24M	4.24M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	324M	328M	424M	487M	432M
Depreciation & Amortization - CF	250M	251M	315M	344M	367M
Amortization of Goodwill and Intangible Assets - (CF)	19.67M	19.04M	19.64M	21.19M	21.13M
Depreciation & Amortization, Total	270M	270M	334M	365M	388M
Amortization of Deferred Charges, Total - (CF)	1.93M	2.16M	2.19M	2.29M	2.86M
(Gain) Loss From Sale Of Asset	-20.8M	477K	-	-11.68M	-
Asset Writedown & Restructuring Costs	116M	180M	214M	3.4M	-
Stock-Based Compensation (CF)	-	-	-	-	-
Other Operating Activities, Total	74.87M	38.03M	53.56M	116M	30.6M
Change In Accounts Receivable	-303M	48.09M	12.7M	107M	34.33M
Change In Inventories	-117M	-21.43M	67.65M	-33.6M	51.09M
Change In Accounts Payable	249M	76.06M	-139M	230M	-170M
Change in Other Net Operating Assets	-10.53M	3.76M	6.6M	231K	5.73M
Cash from Operations	584M	925M	975M	1.27B	775M
Capital Expenditure	-517M	-896M	-703M	-252M	-495M
Sale of Property, Plant, and Equipment	18.19M	39.82M	-	5.7M	-
Other Investing Activities, Total	101M	12.19M	-117M	11.31M	29.66M
Cash from Investing	-397M	-844M	-820M	-235M	-465M
Long-Term Debt Issued, Total	970M	1.1B	1.33B	600M	2.9B
Total Debt Issued	970M	1.1B	1.33B	600M	2.9B
Long-Term Debt Repaid, Total	-715M	-994M	-977M	-1.07B	-473M
Total Debt Repaid	-715M	-994M	-977M	-1.07B	-473M
Issuance of Common Stock	-	230M	-	-	-
Common Dividends Paid	-424M	-424M	-486M	-467M	-486M
Common & Preferred Stock Dividends Paid	-424M	-424M	-486M	-467M	-486M
Other Financing Activities, Total	-4.84M	-12.81M	-1.2M	-2.73M	-30.25M
Cash from Financing	-174M	-101M	-134M	-936M	1.91B
Foreign Exchange Rate Adjustments	178K	1.5M	381K	3.53M	-7.14M
Net Change in Cash	13.04M	-17.74M	21.89M	98.35M	2.21B
Supplemental Items
Maintenance CAPEX	50.11M	110M	120M	136M	60.92M
Cash Interest Paid	165M	187M	215M	196M	179M
Cash Income Tax Paid (Refund)	-42.34M	62.61M	27.52M	-444K	216M
Levered Free Cash Flow	25.48M	-98.26M	-156M	869M	241M
Unlevered Free Cash Flow	121M	-3.51M	-37.54M	996M	417M
Change In Net Working Capital	80.77M	-93.61M	311M	-289M	35.22M
Net Debt Issued / Repaid	255M	106M	353M	-465M	2.43B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.35	5.91	6.78	5.99	4.7
Return on Total Capital	6.69	7.55	8.53	7.61	6.5
Return On Equity %	11.97	11.99	15.15	17.35	15.45
Return on Common Equity	11.97	11.99	15.15	17.35	15.45
Margin Analysis
Gross Profit Margin %	20.97	16.65	20.32	19.41	20.15
SG&A Margin	1.54	1.17	1.51	1.64	1.88
EBITDA Margin %	18.01	14.46	17.52	16.27	16.98
EBITA Margin %	13.87	11.46	13.62	12.07	12.28
EBIT Margin %	13.47	11.19	13.35	11.77	11.98
Income From Continuing Operations Margin %	6.5	4.65	6.01	6.82	6.31
Net Income Margin %	6.5	4.65	6.01	6.82	6.31
Net Avail. For Common Margin %	6.5	4.65	6.01	6.82	6.31
Normalized Net Income Margin	6.46	5.43	6.74	5.49	5.45
Levered Free Cash Flow Margin	0.51	-1.39	-2.22	12.17	3.52
Unlevered Free Cash Flow Margin	2.44	-0.05	-0.53	13.95	6.09
Asset Turnover
Asset Turnover	0.64	0.85	0.81	0.81	0.63
Fixed Assets Turnover	0.74	1.01	0.96	0.96	0.91
Receivables Turnover (Average Receivables)	8.32	9.68	10.1	10.75	10.61
Inventory Turnover (Average Inventory)	17.76	20.23	21.34	23.2	22.96
Short Term Liquidity
Current Ratio	1.2	1.11	1.34	0.95	1.76
Quick Ratio	0.84	0.71	0.89	0.64	0.99
Operating Cash Flow to Current Liabilities	0.64	0.93	1.23	1.06	0.26
Days Sales Outstanding (Average Receivables)	43.86	37.72	36.15	34.05	34.42
Days Outstanding Inventory (Average Inventory)	20.55	18.04	17.1	15.78	15.9
Average Days Payable Outstanding	44.9	42.27	39.45	33.6	37.33
Cash Conversion Cycle (Average Days)	19.51	13.49	13.8	16.23	12.98
Long Term Solvency
Total Debt/Equity	139.14	138.5	154.22	137.76	227.74
Total Debt / Total Capital	58.18	58.07	60.66	57.94	69.49
LT Debt/Equity	135.69	136.37	146.06	124.68	218
Long-Term Debt / Total Capital	56.74	57.18	57.45	52.44	66.52
Total Liabilities / Total Assets	67.31	67.1	68.34	67.66	78.82
EBIT / Interest Expense	4.29	5.09	4.86	4.05	2.87
EBITDA / Interest Expense	6.01	6.83	6.59	5.82	4.22
(EBITDA - Capex) / Interest Expense	2.71	1.06	2.96	4.6	2.49
Total Debt / EBITDA	3.93	3.68	3.36	3.23	5.21
Net Debt / EBITDA	3.91	3.68	3.34	3.14	3.28
Total Debt / (EBITDA - Capex)	8.7	23.84	7.48	4.09	8.82
Net Debt / (EBITDA - Capex)	8.67	23.84	7.45	3.97	5.56
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	65.47	41.63	-0.1	1.21	-3.98
Gross Profit, 1 Yr. Growth %	11.14	12.48	21.87	-3.3	-0.32
EBITDA, 1 Yr. Growth %	9.91	14.2	21.04	-6	0.18
EBITA, 1 Yr. Growth %	18.34	17.71	18.77	-10.33	-2.29
EBIT, 1 Yr. Growth %	18.86	18.33	19.15	-10.71	-2.34
Earnings From Cont. Operations, 1 Yr. Growth %	422.66	1.26	29.16	14.76	-11.16
Net Income, 1 Yr. Growth %	422.66	1.26	29.16	14.76	-11.16
Normalized Net Income, 1 Yr. Growth %	13.43	20.1	23.82	-17.54	-4.61
Diluted EPS Before Extra, 1 Yr. Growth %	423.87	0.9	25	14.59	-11.03
Accounts Receivable, 1 Yr. Growth %	67.61	-5.55	-2.9	-6.99	1.92
Inventory, 1 Yr. Growth %	72.42	7.18	-24.96	19.68	-23.59
Net Property, Plant and Equip., 1 Yr. Growth %	2.15	6.2	3.64	-0.72	1.78
Total Assets, 1 Yr. Growth %	7.51	5.39	2.47	-0.28	49.08
Tangible Book Value, 1 Yr. Growth %	-3.06	6.79	-1.1	2.07	-2.05
Common Equity, 1 Yr. Growth %	-3.75	6.06	-1.39	1.87	-2.36
Cash From Operations, 1 Yr. Growth %	-15.16	58.49	5.42	29.76	-38.81
Capital Expenditures, 1 Yr. Growth %	-13.05	73.42	-21.57	-64.09	96.21
Levered Free Cash Flow, 1 Yr. Growth %	-113.41	-526.17	59.14	-655.48	-72.23
Unlevered Free Cash Flow, 1 Yr. Growth %	-203.66	-102.95	970.81	-2.75K	-58.11
Dividend Per Share, 1 Yr. Growth %	0	0	2.08	4.08	3.92
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	17.4	53.09	18.95	0.55	-1.42
Gross Profit, 2 Yr. CAGR %	2.03	11.81	17.08	8.56	-1.83
EBITDA, 2 Yr. CAGR %	3.25	11.79	17.57	6.66	-2.96
EBITA, 2 Yr. CAGR %	4.95	17.69	18.24	3.2	-6.39
EBIT, 2 Yr. CAGR %	4.97	18.25	18.74	3.15	-6.62
Earnings From Cont. Operations, 2 Yr. CAGR %	-14.51	130.05	14.36	21.75	0.97
Net Income, 2 Yr. CAGR %	-14.51	130.05	14.36	21.75	0.97
Normalized Net Income, 2 Yr. CAGR %	-2.43	16.28	21.95	1.04	-11.31
Diluted EPS Before Extra, 2 Yr. CAGR %	-15.82	129.91	12.3	19.68	0.97
Accounts Receivable, 2 Yr. CAGR %	23.93	25.82	-4.23	-4.97	-2.64
Inventory, 2 Yr. CAGR %	73.11	35.94	-10.32	-5.23	-4.37
Net Property, Plant and Equip., 2 Yr. CAGR %	1.52	4.16	4.91	1.44	0.52
Total Assets, 2 Yr. CAGR %	4.02	6.44	3.92	1.09	21.93
Tangible Book Value, 2 Yr. CAGR %	-6.45	1.75	2.77	0.47	-0.01
Common Equity, 2 Yr. CAGR %	-6.71	1.04	2.27	0.22	-0.27
Cash From Operations, 2 Yr. CAGR %	-18.91	15.96	29.26	16.96	-10.89
Capital Expenditures, 2 Yr. CAGR %	-31.21	22.8	16.62	-46.93	-16.06
Levered Free Cash Flow, 2 Yr. CAGR %	-71.88	-28.09	160.43	197.32	24.2
Unlevered Free Cash Flow, 2 Yr. CAGR %	-31.69	-82.7	-43.84	1.59K	233.35
Dividend Per Share, 2 Yr. CAGR %	1.87	0	1.04	3.08	4
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.74	24.98	32.79	12.72	-0.98
Gross Profit, 3 Yr. CAGR %	2.31	5.4	15.07	9.85	5.51
EBITDA, 3 Yr. CAGR %	0.82	6.62	14.79	9.12	4.46
EBITA, 3 Yr. CAGR %	0.51	8.84	18.05	7.83	1.34
EBIT, 3 Yr. CAGR %	0.38	9.04	18.55	7.98	1.28
Earnings From Cont. Operations, 3 Yr. CAGR %	-6.98	-9.55	89.79	14.5	9.61
Net Income, 3 Yr. CAGR %	-6.98	-9.55	89.79	14.5	9.61
Normalized Net Income, 3 Yr. CAGR %	-4.64	4.3	18.74	7.03	-0.88
Diluted EPS Before Extra, 3 Yr. CAGR %	-8.9	-10.58	87.65	13.06	8.42
Accounts Receivable, 3 Yr. CAGR %	21.08	13.2	15.41	-5.16	-2.73
Inventory, 3 Yr. CAGR %	6.02	47.54	11.51	-1.26	-11.79
Net Property, Plant and Equip., 3 Yr. CAGR %	6.78	3.05	3.98	3	1.55
Total Assets, 3 Yr. CAGR %	7.05	4.47	5.1	2.5	15.06
Tangible Book Value, 3 Yr. CAGR %	-1.27	-2.23	0.79	2.54	-0.38
Common Equity, 3 Yr. CAGR %	-1.74	-2.64	0.22	2.13	-0.64
Cash From Operations, 3 Yr. CAGR %	-1.14	1.38	12.33	29.43	-5.76
Capital Expenditures, 3 Yr. CAGR %	-26.86	-6.38	5.75	-21.25	-17.94
Levered Free Cash Flow, 3 Yr. CAGR %	-68.87	-32.7	-6.29	235.23	34.9
Unlevered Free Cash Flow, 3 Yr. CAGR %	-46.76	-76.21	-31.57	103.01	391.85
Dividend Per Share, 3 Yr. CAGR %	3.53	1.25	0.69	2.04	3.36
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	14.8	15.65	9.57	14.57	17.87
Gross Profit, 5 Yr. CAGR %	10.1	10.82	7.98	6.65	7.99
EBITDA, 5 Yr. CAGR %	9.61	10.41	7.12	6.64	7.33
EBITA, 5 Yr. CAGR %	11.77	12.13	7.14	6.55	7.59
EBIT, 5 Yr. CAGR %	11.77	12.12	7.23	6.64	7.76
Earnings From Cont. Operations, 5 Yr. CAGR %	8.38	2.52	1.03	1.87	47.45
Net Income, 5 Yr. CAGR %	8.38	2.52	1.03	1.87	47.45
Normalized Net Income, 5 Yr. CAGR %	9.95	9.22	5.06	2.99	5.66
Diluted EPS Before Extra, 5 Yr. CAGR %	3.98	-0.66	-0.95	0.48	46.45
Accounts Receivable, 5 Yr. CAGR %	15.56	10.23	10.24	5.55	7.82
Inventory, 5 Yr. CAGR %	21.08	15.27	-0.84	23.6	4.87
Net Property, Plant and Equip., 5 Yr. CAGR %	10.14	8.57	6.03	2.4	2.59
Total Assets, 5 Yr. CAGR %	10.4	7.84	5.79	3.11	11.53
Tangible Book Value, 5 Yr. CAGR %	7.39	2.37	0.33	-1.16	0.47
Common Equity, 5 Yr. CAGR %	7.61	2.6	-0.16	-1.5	0.02
Cash From Operations, 5 Yr. CAGR %	7.17	12.49	10.05	7.35	2.39
Capital Expenditures, 5 Yr. CAGR %	-7.37	3.34	-11.85	-25.4	-3.58
Levered Free Cash Flow, 5 Yr. CAGR %	-43.09	-16.85	-28.63	21.93	4.89
Unlevered Free Cash Flow, 5 Yr. CAGR %	-20.79	-55.89	-45.83	30.78	28.92
Dividend Per Share, 5 Yr. CAGR %	4.54	3.08	2.53	1.97	2