METHANEX CORP
MEOH · Industrial Organic Chemicals · EDGAR filings ↗
Grade
B74Cyclical methanol producer with best-in-sector cash generation and margins, tempered by a down earnings year.
Strengths
- Top-decile cash flow — FCF margin 95th pct, FCF 100th pct, OCF margin 96th pct
- Operating margin 83rd pct, net margin 81st pct, ROIC 87th pct
Risks
- Net income fell 42% and revenue declined 3.5% in a commodity downcycle
- Elevated leverage (debt/equity 88th pct) and only mid-pack ROE (5.3%, 48th pct)
Key metrics
Gross margin
35.7%
Operating margin
12.0%
Net margin
4.0%
Return on equity
5.3%
Return on assets
2.0%
ROIC
6.2%
Revenue growth (QoQ)
-3.5%
Net-income growth
-42.1%
Debt / equity
1.0×
Interest coverage
2.0×
Current ratio
2.1×
Free cash flow
$917M
Tangible book value
$2.7B
Cash & investments
$425M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2026-03-05 | 2025-12-31 | 0001628280-26-015362 ↗ |
| 40-F | 2025-03-07 | 2024-12-31 | 0001628280-25-011243 ↗ |
| 40-F | 2024-03-08 | 2023-12-31 | 0001628280-24-009879 ↗ |
| 40-F | 2023-03-10 | 2022-12-31 | 0001628280-23-007564 ↗ |
| 40-F | 2022-03-11 | 2021-12-31 | 0001628280-22-005943 ↗ |
| 40-F | 2021-03-05 | 2020-12-31 | 0001193125-21-071633 ↗ |
| 40-F | 2020-03-25 | 2019-12-31 | 0001193125-20-084155 ↗ |
| 40-F | 2019-03-12 | 2018-12-31 | 0001193125-19-072068 ↗ |
| 40-F | 2018-03-06 | 2017-12-31 | 0001193125-18-072269 ↗ |
| 40-F | 2017-03-07 | 2016-12-31 | 0001193125-17-073095 ↗ |
| 40-F | 2016-03-08 | 2015-12-31 | 0001193125-16-496893 ↗ |
| 40-F | 2015-03-10 | 2014-12-31 | 0001193125-15-085050 ↗ |