Methanex Corp key statistics and ratios

In fiscal 2025, Methanex Corp had return on equity of 6.4%, an operating margin of 12.0%, debt equal to 112.7% of equity and a current ratio of 2.06. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Methanex Corp: financial ratios, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	23.2%	33.5%	30.2%	21.7%	20.5%	29.5%	24.9%	24.9%	28.0%	35.7%
Operating margin	1.4%	15.6%	18.5%	5.8%	−2.0%	16.1%	14.2%	7.1%	9.7%	12.0%
Net margin	−1.4%	12.3%	14.7%	3.5%	−4.7%	12.6%	10.7%	7.6%	6.7%	4.0%
Free-cash-flow margin	6.3%	22.1%	17.6%	9.3%	12.5%	20.2%	19.5%	12.9%	17.1%	25.5%
Return on equity	−1.8%	24.2%	43.7%	8.2%	−10.1%	39.2%	24.4%	14.1%	12.4%	6.4%
Return on assets	−0.6%	8.2%	14.3%	2.4%	−2.3%	9.4%	7.3%	4.4%	3.8%	2.1%
Asset turnover	0.44	0.67	0.97	0.67	0.49	0.75	0.68	0.57	0.57	0.52
Current ratio	1.69	1.66	1.20	1.90	2.08	2.06	1.99	1.14	2.62	2.06
Debt to equity	97.5%	100.1%	96.5%	132.8%	205.7%	128.2%	101.9%	110.9%	115.4%	112.7%
Interest cover (operating income ÷ interest)	—	—	—	4.4x	n/m	15.7x	12.7x	4.9x	6.6x	8.5x
Effective tax rate	—	20.3%	18.9%	3.7%	—	16.6%	20.6%	0.5%	10.7%	28.8%
Capital spending as % of revenue	5.0%	3.4%	4.3%	6.3%	4.9%	2.3%	3.4%	4.8%	2.7%	2.8%
Free cash flow ÷ net income	—	180.5%	120.0%	263.8%	—	160.3%	182.1%	169.6%	254.1%	633.0%
Dividends ÷ net income	—	27.1%	16.1%	92.7%	—	4.4%	9.5%	17.4%	19.9%	37.0%
Dividends and buybacks ÷ free cash flow	77.9%	57.3%	69.7%	52.3%	10.8%	9.8%	35.3%	28.2%	7.8%	5.8%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

4 of 6 checks passed · December 31, 2025

What it owns · $7.3bn

Short-term assets $1.5bnLonger-term assets $5.8bn

What it owes, and who funded it · $3.2bn

Short-term liabilities $722mShareholders' equity $2.4bn

Short-term assets cover short-term liabilities $1.5bn of assets due within a year against $722m of liabilities due within a year.
Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
More cash than debt $425m of cash against $2.8bn of debt.
Debt below 40% of shareholders' equity Debt is 113% of equity.
Debt burden no higher than five years ago Debt to equity moved from 202% to 113% over five years.
A year's operating cash flow covers at least 20% of debt $1.0bn of operating cash flow against $2.8bn of debt.
Operating profit covers interest at least five times over Operating income of $431m against $50m of interest.

From Methanex Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Methanex Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Methanex Corp.