Power Corporation of Canada (POW) Company presentation summary

Financial highlights and performance

• Market capitalization reached $31.6 billion with a 5.0% dividend yield as of March 2025.

• 2024 net earnings were $2.79 billion and adjusted net earnings were $2.97 billion.

• Adjusted net asset value per share was $60.44 and book value per share was $35.56 at year-end 2024.

• $8.2 billion of capital returned to shareholders since 2020, with dividends increasing for 11 consecutive years.

• Shareholder returns outperformed S&P TSX and S&P TSX Financials over multiple periods.

Business structure and strategy

• Focused on financial services, with major holdings in Great-West Lifeco, IGM Financial, and GBL.

• Value creation strategy centers on organic growth, M&A, and company-level actions such as simplification and capital return.

• Group structure was simplified post-2019, eliminating dual holding companies and streamlining ownership.

• Monetized $3.6 billion in assets over five years to fund buybacks and investments.

Operating company highlights

• Great-West Lifeco delivered $4.01 billion in net earnings, 16.7% ROE, and is a top player in Canada, the US, and Europe.

• IGM Financial reported $939 million in adjusted net earnings, 13.1% adjusted ROE, and $483.5 billion in AUM & A.

• GBL focused on asset rotation toward private and alternative assets, with €15.7 billion in NAV and a 7.2% dividend yield.