Wajax Corporation (TSX:WJX)
| Market Cap | 706.00M |
| Revenue (ttm) | 2.15B |
| Net Income (ttm) | 57.47M |
| Shares Out | 21.80M |
| EPS (ttm) | 2.58 |
| PE Ratio | 12.55 |
| Forward PE | 10.15 |
| Dividend | 1.40 (4.32%) |
| Ex-Dividend Date | Mar 16, 2026 |
| Volume | 112,971 |
| Average Volume | 63,142 |
| Open | 32.41 |
| Previous Close | 32.38 |
| Day's Range | 32.17 - 33.00 |
| 52-Week Range | 17.14 - 34.88 |
| Beta | 0.91 |
| RSI | 53.20 |
| Earnings Date | May 5, 2026 |
About Wajax
Wajax Corporation provides industrial products and services in Canada. The company offers compact excavators, dump trucks, excavators, and wheel loaders; combination sweeper scrubbers, container handlers, electric ride scrubbers, end rider trucks, forklifts, goosenecks and ballast weights, order pickers, outdoor cleaning machines, pallet stackers and trucks, reach stackers, rider and walk behind sweepers, side loaders, utility vehicles, tow, terminal, and RoRo tractors; cages and partitions, guarding and barriers, lockers, cabinets, workstation... [Read more]
Financial Performance
In 2025, Wajax's revenue was 2.15 billion, an increase of 2.27% compared to the previous year's 2.10 billion. Earnings were 57.47 million, an increase of 34.30%.
Financial StatementsNews
Wajax Earnings Call Transcript: Q4 2025
Q4 2025 saw higher margins and earnings despite a slight revenue decline, with strong cash flow and improved leverage. Full-year results showed revenue and EPS growth, inventory reduction, and a CEO transition. Mining and energy demand remain strong, while other sectors are mixed.
Wajax Earnings Call Transcript: Q3 2025
Q3 2025 saw modest revenue growth and significant margin improvement, driven by mining equipment sales and cost initiatives. Mining and energy remain strong, while construction and forestry face headwinds. Leverage and working capital efficiency improved, and a CEO succession process is underway.
Wajax Earnings Call Transcript: Q2 2025
Q2 2025 revenue fell 3.7% year-over-year to CND 547.1 million, with margin compression and lower equipment sales offset by strong mining demand and significant inventory reduction. Cash flow improved, leverage declined, and management remains focused on cost control amid macroeconomic and tariff uncertainties.
Wajax Earnings Call Transcript: Q1 2025
Revenue grew 15.1% year-over-year to CAD 555 million, led by strong equipment sales and cost savings, though gross margins declined. Cash flow and leverage improved, with continued inventory reductions and a stable outlook for mining and construction.
Wajax Earnings Call Transcript: Q4 2024
Q4 2024 revenue rose 4.3% year-over-year, led by mining equipment sales, but gross margin fell sharply due to mix and market pressures. Adjusted EBITDA dropped 25.6%, and management is focused on inventory reduction, margin improvement, and cost control amid ongoing market headwinds.
Wajax Transcript: Scotiabank 24th Annual Transportation & Industrials Conference
Sales and margins declined due to lower equipment deliveries and cautious customer spending, but margins remain above pre-pandemic levels. Strategic cost reductions, a shift toward higher-margin segments, and a deepening Hitachi partnership support future growth.
Wajax Earnings Call Transcript: Q3 2024
Q3 2024 revenue declined 5.6% year-over-year due to lower mining and industrial parts sales, with gross margin down 300 basis points. Cost-saving initiatives reduced expenses, while leverage increased above target. Management expects continued mining strength but ongoing market uncertainty.
Wajax Earnings Call Transcript: Q2 2024
Q2 2024 revenue declined 3.1% year-over-year to CAD 568.3 million, with gross margin improving to 20.9%. Mining and energy markets remain strong, but industrial and forestry are soft. Inventory and leverage are expected to gradually improve in the second half.