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Methanex Corporation

MEOH NASDAQ Categories PDF
Basic Materials · Chemicals
Vancouver, BC V6C 3M1, Canada IPO 1992 methanex.com Updated Jun 26, 7:21pm
Price
$48.12
Market Cap
$3.7B
Employees
1,415
Beta
0.84
Avg Volume
1,213,991
CEO
Richard W. Sumner
Business Description

Methanex Corporation, established in 1968 and based in Vancouver, Canada, functions as a primary worldwide supplier of methanol. The company not only manufactures this essential chemical across North America, the Asia Pacific, Europe, and South America, but also acquires it from external producers through long-term contracts and spot market deals. To support its extensive global operations, Methanex possesses and leases storage and terminal facilities, and oversees a fleet of roughly 30 ocean-going ships. Its customer base primarily includes businesses within the chemical and petrochemical sectors.

Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 21, 2026 7:22pm (5d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
43.75
Stock Price: $48.12
EPS (Diluted): 1.10
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
1.18
Stock Price: $48.12
Total Equity: $2.44B
Shares: 72,608,347
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
6.85
Market Cap: $3.72B
Total Debt: $2.86B
Cash: $428.05M
EBITDA: $868.94M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$6.0B
Market Cap: $3.72B
Total Debt: $2.86B
Cash: $428.05M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
25.3%
Gross Profit: $909.09M
Revenue: $3.59B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
12.9%
Operating Income: $463.08M
Revenue: $3.59B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
2.2%
Net Income: $79.88M
Revenue: $3.59B
ROE (Profit from shareholder equity)
CALC
Net Income / Total Equity
3.3%
Net Income: $79.88M
Total Equity: $2.44B
ROIC (Profit from all invested capital)
CALC
NOPAT / Invested Capital
6.8%
Operating Income: $463.08M
Tax Rate: 28.8%
Equity: $2.44B
Total Debt: $2.86B
Cash: $428.05M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
2.06
Current Assets: $1.48B
Current Liabilities: $720.42M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
1.17
Short-Term Debt: $154.21M
Long-Term Debt: $2.71B
Total Debt: $2.86B
Total Equity: $2.44B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$49.43
Revenue: $3.59B
Shares: 72,608,347
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$33.59
Total Equity: $2.44B
Shares: 72,608,347
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$10.08
Operating CF: $832.29M
CapEx: -$100.73M
Shares: 72,608,347
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
1.9%
Last Dividend: N/A
Stock Price: $48.12
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $79.88M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares MEOH against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 7:22pm (5d ago)
Metric 2021 2022 2023 2024 2025
Revenue $4.4B $4.3B $3.7B $3.7B $3.6B
Cost of Revenue $3.3B $3.4B $3.1B $3.0B $2.7B
Gross Profit $1.1B $865.1M $655.4M $710.4M $909.1M
Operating Expenses $363.1M $372.4M $391.8M $385.7M $446.0M
Operating Income $712.0M $492.7M $263.6M $324.7M $463.1M
Net Income $482.4M $353.8M $174.1M $164.0M $79.9M
EBITDA $1.2B $1.1B $794.8M $798.4M $868.9M
EPS $6.34 $4.95 $2.57 $2.43 $1.10
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 21, 2026 7:22pm (5d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $932.1M $857.7M $458.0M $891.9M $428.1M
Total Current Assets $2.0B $1.9B $1.5B $1.9B $1.5B
Total Assets $6.1B $6.6B $6.4B $6.6B $7.3B
Current Liabilities $963.2M $942.6M $1.3B $729.6M $720.4M
Long-Term Debt $2.1B $2.1B $1.8B $2.4B $2.7B
Total Liabilities $4.1B $4.2B $4.3B $4.2B $4.5B
Total Equity $1.7B $2.1B $1.9B $2.1B $2.4B
Retained Earnings $1.3B $1.5B $1.5B $1.6B $1.7B
Cash Flow (Annual)
Last updated: Jun 21, 2026 7:22pm (5d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $994.4M $987.3M $660.3M $737.2M $832.3M
Capital Expenditure -$245.4M -$577.4M -$448.5M -$174.1M -$100.7M
Free Cash Flow $748.9M $410.0M $211.8M $563.1M $731.6M
Acquisitions (net) $644,280 $0 $0 $12.6M -$1.3B
Debt Repayment
Dividends Paid
Stock Buybacks -$62.9M -$253.0M -$86.4M $0 $0
Net Change in Cash $98.2M -$74.3M -$399.7M $433.9M -$463.3M
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 7:21pm (13h ago)
Metric 2025 2026 2027 2028
Revenue $3.7B
$3.7B – $3.7B
$4.7B
$4.4B – $4.8B
$4.1B
$3.9B – $4.2B
$3.9B
$3.7B – $4.2B
EBITDA $875.5M
$868.3M – $887.7M
$1.1B
$1.0B – $1.1B
$967.7M
$930.6M – $996.1M
$932.9M
$869.6M – $986.3M
Net Income $218.6M
$213.1M – $222.1M
$650.1M
$544.3M – $874.6M
$400.6M
$321.7M – $504.1M
$332.6M
$303.3M – $357.4M
EPS
Growth Trends (YoY %)
Last updated: Jun 21, 2026 7:22pm (5d ago)
Metric 2022 2023 2024 2025
Revenue Growth -2.3% -13.6% -0.1% -3.5%
Gross Profit Growth -19.5% -24.2% +8.4% +28.0%
Operating Income Growth -30.8% -46.5% +23.2% +42.6%
Net Income Growth -26.6% -50.8% -5.8% -51.3%
EBITDA Growth -7.5% -26.8% +0.5% +8.8%
Dividend History (Last 20)
Last updated: Jun 21, 2026 7:22pm (5d ago)
Date Dividend Declaration Record Payment
2026-06-16 $0.19 2026-04-29 2026-06-16 2026-06-30
2026-03-17 $0.19 2026-01-29 2026-03-17 2026-03-31
2025-12-17 $0.19 2025-11-18 2025-12-17 2025-12-31
2025-09-16 $0.19 2025-07-17 2025-09-16 2025-09-30
2025-06-16 $0.19 2025-04-30 2025-06-16 2025-06-30
2025-03-17 $0.19 2025-01-30 2025-03-17 2025-03-31
2024-12-17 $0.19 2024-11-19 2024-12-17 2024-12-31
2024-09-16 $0.19 2024-07-18 2024-09-16 2024-09-30
2024-06-14 $0.19 2024-04-24 2024-06-14 2024-06-28
2024-03-13 $0.19 2024-02-01 2024-03-14 2024-03-28
2023-12-14 $0.19 2023-11-16 2023-12-15 2023-12-29
2023-09-14 $0.19 2023-07-13 2023-09-16 2023-09-30
2023-06-15 $0.19 2023-04-26 2023-06-16 2023-06-30
2023-03-16 $0.18 2023-01-26 2023-03-17 2023-03-31
2022-12-15 $0.18 2022-11-17 2022-12-17 2022-12-31
2022-09-15 $0.18 2022-07-14 2022-09-16 2022-09-30
2022-06-15 $0.15 2022-04-29 2022-06-16 2022-06-30
2022-03-16 $0.13 2022-01-27 2022-03-17 2022-03-31
2021-12-16 $0.13 2021-11-17 2021-12-17 2021-12-31
2021-09-15 $0.13 2021-07-16 2021-09-16 2021-09-30
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for MEOH — it's generated by the pipeline (market-narrative step).
Community AI Feedback
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30