Finning International Inc. · TSX:FTT
Finning International — Q4 2025 Earnings Presentation
12 slides from Finning International's earnings presentation, Feb 11, 2026
Slide 1: Q4 and Annual 2025 Results
Q4 and Annual 2025 Results Kevin Parkes David Primrose President and CEO EVP and CFO February 11, 2026 See slides 10 and 11 for important information on forward-looking information, currency, and specified financial measures, including non- GAAP financial measures. Unless noted otherwise, all number
Slide 2: Executing Our Strategy In 2025
Executing Our Strategy In 2025 Total Revenue Equipment Backlog (1) $10.6B $3.1B Up 7% vs 2024 Up 20% from Dec 2024 Product Support Full Cycle Resilience Sustainable Growth Product Support Technician Increase Power Systems Rental Revenue Adjusted EPS (1,3) Free Cash Flow (2,3) Revenue Consolidated Ba
Slide 3: 2023 Investor Day Update – Key Metrics
2023 Investor Day Update – Key Metrics (1) 2023 Investor Day Target 2025 Annual Update 5% Product Support Product Support Revenue $C billions Revenue CAGR $5.9 Revenue CAGR >7% $5.2 LTM Q2-23 vs 2025 Product LTM Q2-23 to 2025 Note: Product support Consolidated CAGR guidance was Support withdrawn in
Slide 4: Q4 2025 Results (from continuing operations)
Q4 2025 Results (from continuing operations) vs Q4 2024 Q4 2025 Highlights Revenue ▪ Strong power & energy and improving construction activities driving $2.7B 6% momentum in our diversified business ▪ Continued strategy execution to maximize product support and improve working capital velocity ▪ Rec
Slide 5: Revenue
Q4 2025 Revenue All comparisons are to Q4 2024 results unless indicated otherwise Revenue by Line of Business $ millions Q4 2025 Revenue Highlights ▪ New equipment sales up 9%, driven by higher deliveries in 2,690 construction and power & energy across all regions (1) 113 ▪ Used equipment sales down
Slide 6: Adjusted EBIT
Q4 2025 Adjusted EBIT All comparisons are to Q4 2024 results unless indicated otherwise Adjusted EBIT (1) $ millions Q4 2025 Adjusted EBIT Highlights ▪ Gross profit margin (2) of 23.0% down 70 bps primarily 212 driven by lower product support and rental margins 17 (21) 209 1 ▪ SG&A margin of 15.4% d
Slide 7: Results – South America
Q4 2025 Results – South America Revenue Adjusted EBIT and Adjusted EBIT Margin Adjusted ROIC $ Millions $ Millions 1200 1,122 20.0% 10.9% 9.7% 10.4% 986 25.9% 15.0% 1000 948 10.0% 24.6% 24.5% 109 129 103 103 5.0% 800 0.0% 86 -5.0% 600 -10.0% -15.0% 400 43 -20.0% -25.0% 200 0 -30.0% Q4 2024 Q3 2025 Q
Slide 8: Results – Canada (from continuing operations)
Q4 2025 Results – Canada (from continuing operations) Revenue Adjusted EBIT and Adjusted EBIT Margin Adjusted ROIC $ Millions $ Millions 24.0% 10.0% 1,362 8.7% 8.1% 1,258 9.0% 1,201 7.5% 180 8.0% 17.6% 18.2% 7.0% 18.0% 15.4% 117 6.0% 103 120 90 5.0% 12.0% 4.0% 3.0% 6.0% 60 2.0% 1.0% 0 0.0% 0.0% Q4 2
Slide 9: Results – UK & Ireland
Q4 2025 Results – UK & Ireland Revenue Adjusted EBIT and Adjusted EBIT Margin Adjusted ROIC $ Millions $ Millions 20.2% 20.1% 446 20.0% 5.8% 6.5% 4.6% 10.0% 379 358 15.0% 24 5.0% 16.0% 22 20 0.0% 24 -5.0% 12.0% 8.0% -10.0% -15.0% 12 -20.0% 4.0% -25.0% 0 -30.0% 0.0% Q4 2024 Q3 2025 Q4 2025 Q4 2024 Q3
Slide 10: Disclosures
Disclosures Forward-looking information This presentation includes “forward-looking information” (as defined in applicable Canadian securities legislation) that is based on expectations, estimates and projections that we believe are reasonable as of the date of this presentation, but may ultimately
Slide 11: Disclosures
Disclosures Currency Monetary amounts referred to in this presentation are in Canadian dollars unless noted otherwise. All variances and ratios in this presentation are based on the functional currency of each operation (Canada: CAD, South America: USD, UK & Ireland: GBP). These variances and ratios
Slide 12: 2025-2026 Earnings Schedule
2025-2026 Earnings Schedule All dates and times are preliminary and subject to change Release Date Investor Call Time Quarter Investor Call Date after market close Eastern Q1 2026 May 12, 2026 May 13, 2026 10:00 AM Q2 2026 August 5, 2026 August 6, 2026 10:00 AM Q3 2026 November 11, 2026 November 12,
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