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MEOH

Methanex Corporation

MEOH

Methanex Corporation • NASDAQ
$35.61 ▲ 2.62% (+0.91)
Market Cap $2.49 B
52w High $54.49
52w Low $25.46
Dividend Yield 0.74%
P/E 11.95
Volume 172.13K
Outstanding Shares 70.03M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $917.153M ▲ $0 ▼ $-6.994M ▼ -0.763% ▼ $-0.09 ▼ $177.742M ▼
Q2-2025 $796.505M ▼ $82.693M ▼ $64.414M ▼ 8.087% ▼ $0.97 ▼ $239.359M ▼
Q1-2025 $896.474M ▼ $97.945M ▲ $111.288M ▲ 12.414% ▲ $1.65 ▲ $324.451M ▲
Q4-2024 $948.96M ▲ $58.993M ▼ $45.074M ▲ 4.75% ▲ $0.77 ▲ $204.079M ▲
Q3-2024 $934.801M $93.603M $31.074M 3.324% $0.35 $202.534M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $412.972M ▼ $7.52B ▼ $4.652B ▼ $2.568B ▼
Q2-2025 $486.456M ▼ $7.77B ▲ $4.845B ▲ $2.63B ▲
Q1-2025 $1.087B ▲ $6.657B ▲ $4.115B ▼ $2.245B ▲
Q4-2024 $891.91M ▲ $6.597B ▲ $4.216B ▲ $2.094B ▲
Q3-2024 $511.104M $6.483B $4.177B $2.002B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-6.994M ▼ $125.443M ▼ $-4.816M ▲ $-189.734M ▼ $-73.484M ▲ $119.168M ▼
Q2-2025 $65.475M ▼ $232.022M ▼ $-1.349B ▼ $489.645M ▲ $-601.036M ▼ $201.174M ▼
Q1-2025 $131.594M ▲ $315.198M ▲ $-37.107M ▼ $-82.562M ▼ $195.529M ▼ $267.892M ▲
Q4-2024 $43.802M ▼ $206.093M ▼ $2.547M ▲ $154.298M ▲ $381.083M ▲ $170.575M ▲
Q3-2024 $64.904M $209.897M $-39.029M $-85.89M $84.978M $163.515M

Five-Year Company Overview

Income Statement

Income Statement Revenue has been fairly steady recently after a strong upswing coming out of 2020, but profits are clearly past the peak of the last cycle. The company is solidly profitable, yet earnings per share have been drifting down from the high point in 2021–2022 as methanol prices normalized and margins tightened. Overall, the income statement shows a cyclical chemicals business that is still earning money, but with profitability now in a more mid‑cycle range rather than in boom conditions.

Balance Sheet

Balance Sheet The balance sheet looks relatively stable and reasonably well balanced. Total assets have inched up over time, while shareholders’ equity has grown, which suggests gradual strengthening of the company’s capital base. Debt remains meaningful, so leverage is a factor to watch, but it has not exploded higher and is broadly in line with a capital‑intensive chemical producer. Cash on hand has improved most recently, giving the company a bit more financial flexibility and a better cushion against down cycles.

Cash Flow

Cash Flow Cash generation from operations is consistently positive and has held up well across different parts of the cycle, which is a key strength. Free cash flow has been positive in all reported years but somewhat choppy, largely because of big investment projects that temporarily absorbed cash. As spending on large projects like the new Geismar plant eases, the pattern suggests more room for free cash flow to improve, provided market conditions for methanol remain supportive.

Competitive Edge

Competitive Edge Methanex holds a leading global position in methanol, supported by scale, diversified production sites, and a tightly integrated logistics network. Its dedicated shipping arm and worldwide terminal footprint give it a reliability and delivery advantage that smaller competitors struggle to match. Access to low‑cost North American natural gas at its U.S. Gulf Coast facilities helps position it as a relatively efficient producer. The flip side is continued exposure to commodity price swings and regional energy costs, but structurally the company appears to operate from a strong competitive footing within its niche.

Innovation and R&D

Innovation and R&D The company is actively investing to modernize and decarbonize its operations, not just maintaining the status quo. The new Geismar 3 plant uses advanced technology designed for high efficiency and lower emissions, and early work on carbon capture at key sites could further cut the carbon footprint if scaled successfully. Methanex is also pushing into biomethanol and exploring e‑methanol, aiming to serve customers looking for lower‑carbon alternatives. Its shipping subsidiary’s use of methanol dual‑fuel engines—and demonstration of net‑zero voyages—shows practical, real‑world innovation that could open up new markets in marine fuels, though much depends on policy, customer adoption, and execution over time.

Summary

Overall, Methanex looks like a mature, cyclical chemicals business with a solid competitive base that is actively trying to reposition itself for a lower‑carbon future. Financially, it has moved from a period of very strong profitability to more normal earnings, while maintaining a stable balance sheet and dependable operating cash flow. Strategically, its scale, logistics capabilities, and early moves in low‑carbon methanol and marine fuel applications could provide meaningful opportunities, but they also introduce execution and regulatory risks. The company’s long‑term story hinges on how well it can turn its technology and decarbonization projects into durable, higher‑quality earnings through future cycles.

NEWS

November 25, 2025 · 5:00 PM UTC

Methanex Corporation Appoints Don Marchand To Its Board Of Directors

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November 18, 2025 · 7:00 AM UTC

Methanex Corporation – Notice of Cash Dividend

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October 29, 2025 · 5:43 PM UTC

Methanex Reports Third Quarter 2025 Results

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October 21, 2025 · 5:00 PM UTC

Methanex to Webcast Investor Day on November 13, 2025

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September 23, 2025 · 5:00 PM UTC

Methanex Launches Global Methanol Bunkering Operations with Strategic Partnerships in the ARA Region and South Korea

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