Canadian Bank of Commerce (CMN) Ratios
Canadian Bank of Commerce Ratios
MX:CMN's free cash flow for Q3 2026 was $2.15B. For the 2026 fiscal year, MX:CMN's free cash flow was decreased by $-302.00M and operating cash flow was $2.45B. See a summary of the company’s cash flow.
| Ratios | Oct 25 | Oct 24 | Oct 23 | Oct 22 | Oct 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.13 | 0.14 | 0.18 | 1.23 | 1.16 |
| Quick Ratio | 0.13 | 0.14 | 0.18 | 1.23 | 1.16 |
| Cash Ratio | 0.07 | 0.07 | 0.12 | 0.80 | 0.81 |
| Solvency Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Operating Cash Flow Ratio | 0.02 | 0.01 | 0.02 | 0.25 | -0.04 |
| Short-Term Operating Cash Flow Coverage | 0.06 | 0.13 | 0.16 | 0.28 | -0.04 |
| Net Current Asset Value | $ -942.21B | $ -874.01B | $ -828.06B | $ -780.74B | $ -693.30B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.32 | 0.20 | 0.20 | 0.20 | 0.20 |
| Debt-to-Equity Ratio | 5.55 | 3.55 | 3.67 | 3.74 | 3.60 |
| Debt-to-Capital Ratio | 0.85 | 0.78 | 0.79 | 0.79 | 0.78 |
| Long-Term Debt-to-Capital Ratio | 0.69 | 0.68 | 0.69 | 0.68 | 0.66 |
| Financial Leverage Ratio | 17.42 | 17.74 | 18.42 | 18.80 | 18.35 |
| Debt Service Coverage Ratio | 0.04 | 0.07 | 0.06 | 0.08 | 0.09 |
| Interest Coverage Ratio | 0.33 | 0.23 | 0.30 | 0.81 | 2.44 |
| Debt to Market Cap | 3.27 | 2.55 | 4.34 | 3.35 | 2.42 |
| Interest Debt Per Share | 415.68 | 262.93 | 247.58 | 218.08 | 186.50 |
| Net Debt to EBITDA | 24.76 | 14.75 | 16.31 | 13.07 | 10.53 |
| Profitability Margins | |||||
| Gross Profit Margin | 43.02% | 99.66% | 99.89% | 100.12% | 99.72% |
| EBIT Margin | 17.64% | 38.83% | 32.53% | 36.98% | 40.25% |
| EBITDA Margin | 19.54% | 43.79% | 37.77% | 42.01% | 45.37% |
| Operating Profit Margin | 17.64% | 36.88% | 44.85% | 36.98% | 40.25% |
| Pretax Profit Margin | 17.45% | 38.83% | 32.67% | 38.38% | 41.91% |
| Net Profit Margin | 13.59% | 30.14% | 23.44% | 29.94% | 32.38% |
| Continuous Operations Profit Margin | 13.45% | 30.31% | 23.61% | 30.05% | 32.46% |
| Net Income Per EBT | 77.89% | 77.62% | 71.73% | 78.01% | 77.25% |
| EBT Per EBIT | 98.93% | 105.28% | 72.85% | 103.79% | 104.12% |
| Return on Assets (ROA) | 0.75% | 0.68% | 0.51% | 0.66% | 0.77% |
| Return on Equity (ROE) | 13.14% | 12.11% | 9.43% | 12.40% | 14.08% |
| Return on Capital Employed (ROCE) | 4.07% | 3.55% | 2.13% | 0.90% | 1.06% |
| Return on Invested Capital (ROIC) | 1.74% | 2.07% | 1.10% | 2.08% | 2.36% |
| Return on Tangible Assets | 0.76% | 0.69% | 0.52% | 0.66% | 0.77% |
| Earnings Yield | 7.75% | 8.70% | 11.15% | 11.13% | 9.48% |
| Efficiency Ratios | |||||
| Receivables Turnover | 3.67 | 1.56 | 1.53 | 1.05 | 1.91 |
| Payables Turnover | 2.52 | 2.86 | 0.00 | 0.93 | 0.39 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 18.01 | 7.03 | 6.56 | 6.15 | 6.04 |
| Asset Turnover | 0.06 | 0.02 | 0.02 | 0.02 | 0.02 |
| Working Capital Turnover Ratio | -0.09 | -0.04 | -0.10 | 1.20 | 0.60 |
| Cash Conversion Cycle | -45.34 | 106.52 | 238.53 | -43.38 | -747.66 |
| Days of Sales Outstanding | 99.55 | 233.94 | 238.53 | 347.10 | 191.26 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 144.89 | 127.42 | 0.00 | 390.48 | 938.92 |
| Operating Cycle | 99.55 | 233.94 | 238.53 | 347.10 | 191.26 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 14.79 | 11.80 | 13.27 | 25.15 | -3.71 |
| Free Cash Flow Per Share | 13.61 | 10.64 | 12.17 | 23.92 | -4.65 |
| Dividend Paid and CapEx Coverage Ratio | 2.71 | 2.75 | 3.71 | 5.57 | -0.96 |
| Capital Expenditure Coverage Ratio | 12.48 | 10.18 | 11.99 | 20.48 | -3.97 |
| Operating Cash Flow Coverage Ratio | 0.04 | 0.05 | 0.06 | 0.12 | -0.02 |
| Operating Cash Flow to Sales Ratio | 0.22 | 0.47 | 0.57 | 1.09 | -0.17 |
| Free Cash Flow Yield | 11.71% | 12.22% | 24.88% | 38.66% | -6.15% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 13.48 | 11.50 | 8.97 | 8.99 | 10.54 |
| Price-to-Sales (P/S) Ratio | 1.75 | 3.47 | 2.10 | 2.69 | 3.41 |
| Price-to-Book (P/B) Ratio | 1.70 | 1.39 | 0.85 | 1.11 | 1.48 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 8.54 | 8.18 | 4.02 | 2.59 | -16.25 |
| Price-to-Operating Cash Flow Ratio | 7.86 | 7.38 | 3.68 | 2.46 | -20.34 |
| Price-to-Earnings Growth (PEG) Ratio | 0.74 | 0.28 | -0.39 | -2.24 | 0.15 |
| Enterprise Value Multiple | 33.74 | 22.67 | 21.88 | 19.48 | 18.06 |
| Enterprise Value | 408.77B | 234.29B | 176.11B | 170.01B | 162.69B |
| EV to EBITDA | 33.74 | 22.67 | 21.88 | 19.48 | 18.06 |
| EV to Sales | 6.59 | 9.93 | 8.26 | 8.18 | 8.19 |
| EV to Free Cash Flow | 32.11 | 23.43 | 15.81 | 7.87 | -39.00 |
| EV to Operating Cash Flow | 29.54 | 21.13 | 14.49 | 7.48 | -48.83 |
| Tangible Book Value Per Share | 59.92 | 54.01 | 49.20 | 46.98 | 43.26 |
| Shareholders’ Equity Per Share | 68.56 | 62.53 | 57.86 | 55.55 | 50.84 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.23 | 0.22 | 0.28 | 0.22 | 0.23 |
| Revenue Per Share | 66.29 | 25.13 | 23.28 | 23.00 | 22.11 |
| Net Income Per Share | 9.01 | 7.57 | 5.46 | 6.89 | 7.16 |
| Tax Burden | 0.78 | 0.78 | 0.72 | 0.78 | 0.77 |
| Interest Burden | 0.99 | 1.00 | 1.00 | 1.04 | 1.04 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.16 | 0.36 | 0.35 | 0.34 | 0.32 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.64 | 1.56 | 2.43 | 3.64 | -0.52 |
Currency in CAD
