Overview
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- TickerBGSI on NYSE2
- IndustryServices-Automotive Repair, Services & Parking2
- HeadquartersWinnipeg, Canada2
- Incorporated inManitoba, Canada4
- Business address1745 Ellice Ave., Unit C1, Winnipeg, 000004
- Legal formbusiness corporation2
- LEI254900IZ8DD5A8NHRY072
- StatusActive2
- LEI statusIssued and current2
- Registered address1700 - 242 Hargrave Street, R3C 0V1 Winnipeg, Canada2
- Registered withCorporations Canada, 1163688-02
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue54¢$1.7B
- Other costs43¢$1.4B
- Interest2¢$69.7M
- Income tax0¢$10.3M
- Profit1¢$18.4M
Out of $3.1B in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending15¢$54.3M
- Dividends paid3¢$9.4M
- Kept or used elsewhere82¢$289.3M
Out of $353.0M of cash from operations.3
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Sales | $3.1B | $3.1B |
| Cost of sales | $1.7B | $1.7B |
| Gross profit | $1.5B | $1.4B |
| Operating expenses | $1.1B | $1.1B |
| Acquisition and transformational cost initiatives | $30.5M | $9.9M |
| Depreciation of property, plant and equipment | $87.9M | $75.5M |
| Depreciation of right of use assets | $128.1M | $123.5M |
| Amortization of intangible assets | $28.0M | $26.3M |
| Fair value adjustments | $3.4M | -$952.0K |
| Finance costs, net | $69.7M | $68.9M |
| Total operating expenses | $1.4B | $1.4B |
| Earnings before income taxes | $28.7M | $31.7M |
| Current | $5.8M | $7.7M |
| Deferred | $4.5M | -$551.0K |
| Tax expense (income) | $10.3M | $7.1M |
| Net earnings | $18.4M | $24.5M |
| Basic earnings per share | $0.82 | $1.14 |
| Diluted earnings per share | $0.82 | $1.14 |
| Basic weighted average number of shares outstanding | 22.5M shares | 21.5M shares |
| Diluted weighted average number of shares outstanding | 22.5M shares | 21.5M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $1.2B | $20.0M | |
| Accounts receivable | $137.5M | $120.6M | |
| Income taxes recoverable | $10.2M | $12.3M | |
| Inventory | $68.3M | $73.1M | |
| Prepaid expenses | $53.8M | $44.7M | |
| Current assets | $1.5B | $270.7M | |
| Property, plant and equipment | $581.1M | $529.7M | $439.0M |
| Right of use assets | $689.2M | $668.1M | |
| Derivative financial instruments | $7.2M | $0 | |
| Deferred income tax asset | $12.6M | $2.8M | |
| Intangible assets | $356.3M | $336.9M | |
| Goodwill | $702.5M | $643.9M | |
| Other long-term assets | $12.6M | $12.1M | |
| Assets | $3.9B | $2.5B | |
| Accounts payable and accrued liabilities | $339.3M | $306.9M | |
| Dividends payable | $3.2M | $2.3M | $2.4M |
| Current portion of long-term debt | $8.8M | $9.0M | |
| Current portion of lease liabilities | $125.5M | $116.8M | |
| Current liabilities | $476.7M | $435.1M | |
| Long-term debt | $352.0M | $498.3M | |
| Senior unsecured notes | $577.1M | $0 | |
| Derivative financial instruments | $4.7M | $0 | |
| Lease liabilities | $653.3M | $627.4M | |
| Deferred income tax liability | $73.2M | $68.6M | |
| Unearned rebates | $3.3M | $4.0M | |
| Liabilities | $2.1B | $1.6B | |
| Accumulated other comprehensive earnings | $51.9M | $44.8M | |
| Retained earnings | $188.8M | $180.6M | |
| Shareholders' capital | $1.5B | $600.0M | |
| Contributed surplus | $9.9M | $5.5M | |
| Equity | $1.7B | $830.9M | $828.3M |
| Equity and liabilities | $3.9B | $2.5B |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $1.2B | $20.0M | |
| Accounts receivable | $137.5M | $120.6M | |
| Income taxes recoverable | $10.2M | $12.3M | |
| Inventory | $68.3M | $73.1M | |
| Prepaid expenses | $53.8M | $44.7M | |
| Current assets | $1.5B | $270.7M | |
| Property, plant and equipment | $581.1M | $529.7M | $439.0M |
| Right of use assets | $689.2M | $668.1M | |
| Derivative financial instruments | $7.2M | $0 | |
| Deferred income tax asset | $12.6M | $2.8M | |
| Intangible assets | $356.3M | $336.9M | |
| Goodwill | $702.5M | $643.9M | |
| Other long-term assets | $12.6M | $12.1M | |
| Assets | $3.9B | $2.5B | |
| Accounts payable and accrued liabilities | $339.3M | $306.9M | |
| Dividends payable | $3.2M | $2.3M | $2.4M |
| Current portion of long-term debt | $8.8M | $9.0M | |
| Current portion of lease liabilities | $125.5M | $116.8M | |
| Current liabilities | $476.7M | $435.1M | |
| Long-term debt | $352.0M | $498.3M | |
| Senior unsecured notes | $577.1M | $0 | |
| Derivative financial instruments | $4.7M | $0 | |
| Lease liabilities | $653.3M | $627.4M | |
| Deferred income tax liability | $73.2M | $68.6M | |
| Unearned rebates | $3.3M | $4.0M | |
| Liabilities | $2.1B | $1.6B | |
| Accumulated other comprehensive earnings | $51.9M | $44.8M | |
| Retained earnings | $188.8M | $180.6M | |
| Shareholders' capital | $1.5B | $600.0M | |
| Contributed surplus | $9.9M | $5.5M | |
| Equity | $1.7B | $830.9M | $828.3M |
| Equity and liabilities | $3.9B | $2.5B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net earnings | $18.4M | $24.5M |
| Fair value adjustments | $3.4M | -$952.0K |
| Deferred income taxes | $4.5M | -$551.0K |
| Finance costs | $69.7M | $68.9M |
| Amortization of intangible assets | $28.0M | $26.3M |
| Depreciation of property, plant and equipment | $87.9M | $75.5M |
| Depreciation of right of use assets | $128.1M | $123.5M |
| Equity settled share-based payment | $4.3M | $928.0K |
| Other | $2.9M | $1.0M |
| Adjustments to reconcile profit (loss) | $347.2M | $319.2M |
| Changes in non-cash working capital items | $5.8M | -$5.9M |
| Cash flows from (used in) operating activities | $353.0M | $313.3M |
| Proceeds from issuance of common shares | $897.0M | $0 |
| Payment of share issue costs | -$38.2M | $0 |
| Proceeds from issuance of senior unsecured notes | $572.3M | $0 |
| Increase in obligations under long-term debt | $391.6M | $366.0M |
| Repayment of long-term debt, principal | -$544.9M | -$283.8M |
| Repayment of obligations under property leases, principal | -$111.1M | -$103.9M |
| Repayment of obligations under vehicle and equipment leases, principal | -$5.6M | -$5.3M |
| Interest on long-term debt | -$32.7M | -$29.1M |
| Interest on property leases | -$44.1M | -$39.5M |
| Interest on vehicle and equipment leases | -$730.0K | -$1.0M |
| Interest received on proceeds of senior unsecured notes and equity offering | $5.6M | $0 |
| Dividends paid | -$9.4M | -$9.4M |
| Payment of financing costs | -$12.7M | -$829.0K |
| Cash flows from (used in) financing activities | $1.1B | -$106.9M |
| Proceeds on sale of equipment and software | $805.0K | $718.0K |
| Equipment purchases and facility improvements | -$54.3M | -$77.3M |
| Acquisition and development of businesses (net of cash acquired) | -$218.5M | -$192.5M |
| Software purchases and licensing | -$8.1M | -$3.1M |
| Increase in other long-term assets | -$139.0K | -$368.0K |
| Proceeds on sale / leaseback agreements | $53.3M | $64.9M |
| Cash flows from (used in) investing activities | -$227.0M | -$207.7M |
| Effect of foreign exchange rate changes on cash | $15.5M | -$1.2M |
| Net increase (decrease) in cash position | $1.2B | -$2.5M |
| Income taxes paid | $3.7M | $12.3M |
| Interest paid | $70.7M | $68.4M |
No quarter-by-quarter statement was filed.
Corporate structure
Boyd Group Services Inc. sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Boyd Group Services Inc.
- 1832 Asset Management L.P. Filed SCHEDULE 13G/A on Boyd Group Services Inc., latest Sep 8, 2026 (2 filings since Feb 11, 2026)
- Bank of Montreal Filed SCHEDULE 13G on Boyd Group Services Inc., latest May 13, 2026
- Beutel, Goodman & Co Ltd. Filed SCHEDULE 13G on Boyd Group Services Inc., latest Feb 4, 2026
- Boyd Group Services Inc. Winnipeg, Manitoba, Canada
- THE BOYD GROUP INC. Subsidiary · Winnipeg, Manitoba, Canada
- The Boyd Group (U.S.) Inc Subsidiary · Winnipeg, Manitoba, Canada
- THE BOYD GROUP INC. Subsidiary · Winnipeg, Manitoba, Canada
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Boyd Group Services Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $581.1M3 Dec 31, 2025 | $529.7M3 Dec 31, 2024 | +9.7% |
| Operating-lease assets (leased space) | $689.2M3 Dec 31, 2025 | $668.1M3 Dec 31, 2024 | +3.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.2B3 Dec 31, 2025 | $20.0M3 Dec 31, 2024 | +6044.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $702.5M3 Dec 31, 2025 | $643.9M3 Dec 31, 2024 | +9.1% |
| Intangible assets, net (excluding goodwill) | $356.3M3 Dec 31, 2025 | $336.9M3 Dec 31, 2024 | +5.8% |
Inventory
Timeline
- Sep 19, 2019Founded Boyd Group Services Inc. is founded2
Calendar
Coming up
- Nov 11, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.62 a share, on Nov 12, 2025.5
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
41 filings to the SEC since October 2021: 1 annual reports, 4 large holders, 36 other. The latest 20:
- Oct 15, 20266-K EDGAR
- Sep 17, 20266-K EDGAR
- Sep 11, 20266-K EDGAR
- Sep 8, 2026SCHEDULE 13G/A EDGAR
- Aug 12, 20266-K EDGAR
- Jul 9, 20266-K EDGAR
- Jun 17, 20266-K EDGAR
- May 14, 20266-K EDGAR
- May 13, 20266-K EDGAR
- May 13, 2026SCHEDULE 13G EDGAR
- Apr 29, 20266-K EDGAR
- Apr 23, 20266-K EDGAR
- Apr 9, 20266-K EDGAR
- Apr 9, 20266-K EDGAR
- Mar 18, 20266-K EDGAR
- Mar 18, 20266-K EDGAR
- Mar 18, 202640-F EDGAR
- Mar 17, 20266-K EDGAR
- Mar 17, 20266-K EDGAR
- Feb 27, 20266-K EDGAR
The 41 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- 1832 Asset Management L.P.SCHEDULE 13G/A, 2 filings Feb 11, 2026 to Sep 8, 20266
- Bank of MontrealSCHEDULE 13G, 1 filing May 13, 20267
- Beutel, Goodman & Co Ltd.SCHEDULE 13G, 1 filing Feb 4, 20268
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| 1832 Asset Management L.P. | 2,362,770 | $223.6M | 0.3% | +97,038 |
| FIL Ltd | 1,738,539 | $164.6M | 0.1% | −388,136 |
| Bank Of Montreal /can/ | 1,552,290 | $146.8M | 0.1% | +115,775 |
| Fmr LLC | 1,143,022 | $108.2M | 0.0% | +277,743 |
| Guardian Capital LP | 1,077,236 | $102.0M | 2.5% | +460,595 |
| Royal Bank Of Canada | 1,042,100 | $98.6M | 0.0% | −142,257 |
| CIBC Asset Management Inc | 927,785 | $87.9M | 0.2% | −141,290 |
| Mackenzie Financial Corp | 644,882 | $86.6M | 0.1% | −904,702 |
| Vanguard Capital Management LLC | 860,345 | $81.5M | 0.0% | +10,911 |
| Dixon Mitchell Investment Counsel Inc. | 726,545 | $68.9M | 2.2% | +113,693 |
| Clearbridge Investments, LLC | 517,089 | $48.9M | 0.0% | +146,787 |
| Principal Financial Group Inc | 503,159 | $47.6M | 0.0% | +90,141 |
| Picton Mahoney Asset Management | 457,748 | $43.2M | 0.4% | −92,699 |
| Caisse de depot et placement du Quebec | 404,629 | $38.3M | 0.1% | No change |
| Norges Bank | 365,811 | $34.6M | 0.0% | New |
| Global Alpha Capital Management Ltd. | 323,914 | $30.6M | 1.8% | −1,646 |
| Massachusetts Financial Services Co /ma/ | 191,048 | $25.7M | 0.0% | +10,705 |
| Vanguard Fiduciary Trust Co | 247,040 | $23.4M | 0.0% | +3,516 |
| Montrusco Bolton Investments Inc. | 245,132 | $23.2M | 0.4% | −35,075 |
| National Bank Of Canada /fi/ | 200,044 | $18.9M | 0.0% | +114,559 |
| Canoe Financial LP | 190,754 | $18.0M | 0.2% | −59,376 |
| Morgan Stanley | 176,866 | $16.7M | 0.0% | +22,913 |
| Jupiter Topco LLC | 164,723 | $15.6M | 0.0% | New |
| Manufacturers Life Insurance Company, The | 151,683 | $14.3M | 0.0% | −110,773 |
| Loomis Sayles & Co L P | 119,819 | $11.3M | 0.0% | +6,620 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Boyd Group Services Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARBoyd Group Services Inc.1
- CIK0002091467
- Employer ID (EIN)98-15228679
- LEI254900IZ8DD5A8NHRY071
- Incorporated inCanada9
- Fiscal year endsDecember 311
- Industry code (SIC)7500 Services-Automotive Repair, Services & Parking1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address1745 Ellice Ave., Unit C1, Winnipeg, 00000, Manitoba, Canada1
- Phone(204) 895-12441
- Shares outstanding27,829,821 shares as of Dec 31, 20259
- On EDGAR sinceOct 29, 20251
- Filings41 in all: 6-K (29), SCHEDULE 13G (3), 40-F (1), 8-A12B (1), CERT (1), F-10 (1), F-X (1), FWP (1)1
All 11 form types
S-8 (1), SCHEDULE 13G/A (1), SUPPL (1)
- Latest filingsAnnual report (40-F) Mar 18, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Shares without par value | BGSI | New York Stock Exchange |
From the cover page of the 40-F filed Mar 18, 2026 (Section 12(b) of the Exchange Act).9
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 5NasdaqNasdaq calendar
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