Canadian Financial Statements From 2010 to 2025

CTC-A Stock  CAD 147.81  0.58  0.39%   
Canadian Tire financial statements provide useful quarterly and yearly information to potential Canadian Tire investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Canadian Tire financial statements helps investors assess Canadian Tire's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Canadian Tire's valuation are summarized below:
Gross Profit
5.6 B
Profit Margin
0.0543
Market Capitalization
8.4 B
Enterprise Value Revenue
0.9532
Revenue
16.4 B
There are currently one hundred twenty fundamental signals for Canadian Tire that can be evaluated and compared over time across rivals. All traders should validate Canadian Tire's prevailing fundamentals against the performance from 2010 to 2025 and make sure the trends continue to evolve in the right direction. Enterprise Value is likely to gain to about 16.7 B in 2025, whereas Market Cap is likely to drop slightly above 5.1 B in 2025.

Canadian Tire Total Revenue

10.75 Billion

Check Canadian Tire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Tire's main balance sheet or income statement drivers, such as Depreciation And Amortization of 968.7 M, Interest Expense of 118.3 M or Total Revenue of 10.8 B, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0449 or PTB Ratio of 2.09. Canadian financial statements analysis is a perfect complement when working with Canadian Tire Valuation or Volatility modules.
  
This module can also supplement various Canadian Tire Technical models . Check out the analysis of Canadian Tire Correlation against competitors.

Canadian Tire Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets11.8 B22.2 B15.7 B
Slightly volatile
Short and Long Term Debt Total10.6 B10.1 B5.4 B
Slightly volatile
Other Current Liabilities896.1 M1.2 B1.4 B
Pretty Stable
Total Current Liabilities3.5 B6.3 B4.7 B
Slightly volatile
Total Stockholder Equity3.8 B6.2 B4.6 B
Slightly volatile
Property Plant And Equipment Net3.9 B7.4 B4.6 B
Slightly volatile
Net Debt2.7 BB4.1 B
Slightly volatile
Retained Earnings3.2 B5.6 B4.1 B
Slightly volatile
Accounts Payable1.7 B2.4 B1.8 B
Slightly volatile
Cash636.3 M447.5 M625.9 M
Pretty Stable
Non Current Assets Total5.5 B10.9 B7.2 B
Slightly volatile
Non Currrent Assets Other48.4 M50.9 M729.3 M
Pretty Stable
Cash And Short Term Investments778 M561.7 M855.2 M
Pretty Stable
Net Receivables788.1 M829.6 M1.7 B
Very volatile
Common Stock Shares Outstanding61 M55.6 M70.6 M
Slightly volatile
Liabilities And Stockholders Equity26.5 B25.3 B16.8 B
Slightly volatile
Non Current Liabilities Total9.3 B8.8 BB
Slightly volatile
Inventory1.4 B2.6 B1.8 B
Slightly volatile
Other Current Assets618.4 M588.9 M264 M
Slightly volatile
Other Stockholder Equity2.5 M2.6 M76.3 M
Slightly volatile
Total Liabilities15.9 B15.2 B10.9 B
Slightly volatile
Total Current Assets6.2 B11.3 B8.5 B
Slightly volatile
Short Term Debt2.9 B2.8 B1.5 B
Slightly volatile
Intangible Assets734.7 M1.3 B959.1 M
Slightly volatile
Good Will470.8 M838.7 M546.5 M
Slightly volatile
Short Term Investments252.3 M128.4 M241.1 M
Pretty Stable
Common Stock503.9 M538.8 M623.6 M
Slightly volatile
Other LiabilitiesB1.1 B844.6 M
Slightly volatile
Net Tangible Assets2.4 B2.9 B3.2 B
Slightly volatile
Other Assets1.2 B1.4 B1.1 B
Slightly volatile
Long Term Debt3.3 B3.9 B2.7 B
Slightly volatile
Long Term Investments110.7 M72.8 M136 M
Slightly volatile
Short and Long Term Debt1.3 B1.5 B2.3 B
Slightly volatile
Property Plant Equipment5.4 BBB
Slightly volatile
Non Current Liabilities Other2.6 B2.4 B2.2 B
Slightly volatile
Net Invested Capital11.4 B11.6 B9.8 B
Slightly volatile
Net Working CapitalBB4.5 B
Slightly volatile
Capital Stock657.2 M625.9 M598.2 M
Slightly volatile
Capital Lease Obligations2.6 B2.5 B2.3 B
Slightly volatile
Property Plant And Equipment Gross11.6 B11.8 B9.9 B
Slightly volatile

Canadian Tire Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization968.7 M922.5 M531.4 M
Slightly volatile
Interest Expense118.3 M103.8 M124.6 M
Pretty Stable
Total Revenue10.8 B16.4 B12.8 B
Slightly volatile
Gross Profit5.9 B5.6 B4.2 B
Slightly volatile
Other Operating Expenses9.6 B17.7 B11.8 B
Slightly volatile
Operating Income878.6 M1.3 B1.1 B
Slightly volatile
EBIT856.5 M775.4 M1.1 B
Slightly volatile
EBITDA1.2 B1.7 B1.6 B
Slightly volatile
Cost Of Revenue8.1 B10.7 B8.8 B
Slightly volatile
Total Operating Expenses15.8 B15.1 B4.5 B
Slightly volatile
Income Before Tax743.4 M1.2 B942.8 M
Slightly volatile
Net Income494.7 M887.7 M629.2 M
Slightly volatile
Income Tax Expense207.3 M268.8 M249 M
Slightly volatile
Selling General Administrative2.3 B3.6 B2.2 B
Slightly volatile
Selling And Marketing Expenses373.8 M457.9 M349.3 M
Slightly volatile
Net Income From Continuing Ops898.4 M971.9 M774.5 M
Slightly volatile
Research Development4.3 M3.7 M4.7 M
Slightly volatile
Net Income Applicable To Common Shares838.5 M1.2 B774.4 M
Slightly volatile
Tax Provision341 M274.1 M294.5 M
Slightly volatile
Interest Income8.2 M5.4 M9.8 M
Pretty Stable
Reconciled Depreciation726.2 M785.1 M580.6 M
Slightly volatile

Canadian Tire Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow612.1 M311.2 M654 M
Pretty Stable
Depreciation824.4 M785.1 M513.8 M
Slightly volatile
Dividends Paid377.8 M359.8 M201.6 M
Slightly volatile
Capital Expenditures506.7 M636.8 M553 M
Slightly volatile
Total Cash From Operating Activities2.2 B2.1 B1.2 B
Slightly volatile
Net Income529 M887.7 M687.8 M
Slightly volatile
End Period Cash Flow622.4 M475.6 M635.6 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.70.51420.6227
Very volatile
Dividend Yield0.04490.04280.0257
Slightly volatile
PTB Ratio2.091.36671.7633
Slightly volatile
Days Sales Outstanding18217461.8588
Slightly volatile
Book Value Per Share13412785.7965
Slightly volatile
Operating Cash Flow Per Share38.9637.101418.42
Slightly volatile
Stock Based Compensation To Revenue9.0E-49.0E-40.0033
Pretty Stable
Capex To Depreciation0.770.81111.273
Slightly volatile
PB Ratio2.091.36671.7633
Slightly volatile
EV To Sales0.690.97010.9285
Slightly volatile
ROIC0.08470.04750.0664
Pretty Stable
Inventory Turnover8.164.19775.0513
Pretty Stable
Net Income Per Share16.7615.958410.3027
Slightly volatile
Days Of Inventory On Hand45.7786.951475.5194
Slightly volatile
Payables Turnover5.574.45355.0175
Slightly volatile
Sales General And Administrative To Revenue0.120.1920.1671
Slightly volatile
Research And Ddevelopement To Revenue5.0E-44.0E-44.0E-4
Slightly volatile
Capex To Revenue0.05480.03890.0442
Very volatile
Cash Per Share7.8210.353112.4035
Pretty Stable
POCF Ratio3.874.07599.1992
Slightly volatile
Interest Coverage6.153.139.3167
Pretty Stable
Payout Ratio0.220.40530.3538
Slightly volatile
Capex To Operating Cash Flow0.290.30860.7393
Slightly volatile
Days Payables Outstanding59.1281.958573.5795
Pretty Stable
Income Quality1.312.12351.6017
Pretty Stable
ROE0.10.14420.1353
Pretty Stable
EV To Operating Cash Flow7.37.689314.0288
Pretty Stable
PE Ratio17.449.475914.2487
Pretty Stable
Return On Tangible Assets0.05180.04420.0448
Very volatile
Earnings Yield0.05680.10550.0787
Very volatile
Intangibles To Total Assets0.05340.09780.0909
Slightly volatile
Net Debt To EBITDA3.673.49312.7794
Slightly volatile
Current Ratio1.371.79121.7813
Pretty Stable
Tangible Book Value Per Share92.7288.30659.3868
Slightly volatile
Receivables Turnover2.02.103514.682
Very volatile
Graham Number209199128
Slightly volatile
Shareholders Equity Per Share11611173.0826
Slightly volatile
Debt To Equity0.671.28431.0582
Slightly volatile
Capex Per Share12.0211.44798.8161
Slightly volatile
Revenue Per Share309294207
Slightly volatile
Interest Debt Per Share15114487.6421
Slightly volatile
Debt To Assets0.220.35540.2999
Slightly volatile
Enterprise Value Over EBITDA8.87.43337.9415
Pretty Stable
Short Term Coverage Ratios1.271.34071.0396
Very volatile
Price Earnings Ratio17.449.475914.2487
Pretty Stable
Operating Cycle273260140
Slightly volatile
Price Book Value Ratio2.091.36671.7633
Slightly volatile
Days Of Payables Outstanding59.1281.958573.5795
Pretty Stable
Dividend Payout Ratio0.220.40530.3538
Slightly volatile
Price To Operating Cash Flows Ratio3.874.07599.1992
Slightly volatile
Pretax Profit Margin0.05220.07620.0715
Pretty Stable
Ebt Per Ebit0.650.410.8074
Slightly volatile
Operating Profit Margin0.06350.06790.0824
Pretty Stable
Effective Tax Rate0.330.220.2792
Very volatile
Company Equity Multiplier2.333.61343.3742
Slightly volatile
Long Term Debt To Capitalization0.280.38640.3759
Slightly volatile
Total Debt To Capitalization0.340.56220.4925
Slightly volatile
Return On Capital Employed0.130.09270.1045
Pretty Stable
Debt Equity Ratio0.671.28431.0582
Slightly volatile
Ebit Per Revenue0.06350.06790.0824
Pretty Stable
Quick Ratio1.061.38741.392
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.172.07081.5289
Pretty Stable
Net Income Per E B T0.730.71240.6618
Slightly volatile
Cash Ratio0.06710.07060.1296
Slightly volatile
Cash Conversion Cycle18717964.9613
Slightly volatile
Operating Cash Flow Sales Ratio0.130.12620.0837
Slightly volatile
Days Of Inventory Outstanding45.7786.951475.5194
Slightly volatile
Days Of Sales Outstanding18217461.8588
Slightly volatile
Cash Flow Coverage Ratios0.310.26110.224
Very volatile
Price To Book Ratio2.091.36671.7633
Slightly volatile
Fixed Asset Turnover3.12.20182.9404
Slightly volatile
Capital Expenditure Coverage Ratio3.43.24092.1358
Slightly volatile
Price Cash Flow Ratio3.874.07599.1992
Slightly volatile
Enterprise Value Multiple8.87.43337.9415
Pretty Stable
Debt Ratio0.220.35540.2999
Slightly volatile
Cash Flow To Debt Ratio0.310.26110.224
Very volatile
Price Sales Ratio0.70.51420.6227
Very volatile
Return On Assets0.04920.03990.0408
Pretty Stable
Asset Turnover1.170.73550.8657
Slightly volatile
Net Profit Margin0.03480.05430.0476
Very volatile
Gross Profit Margin0.360.34350.3187
Slightly volatile
Price Fair Value2.091.36671.7633
Slightly volatile
Return On Equity0.10.14420.1353
Pretty Stable

Canadian Tire Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.1 B8.4 B7.9 B
Slightly volatile
Enterprise Value16.7 B15.9 B13.1 B
Slightly volatile

Canadian Fundamental Market Drivers

Forward Price Earnings10.929

About Canadian Tire Financial Statements

Canadian Tire shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Canadian Tire investors may analyze each financial statement separately, they are all interrelated. The changes in Canadian Tire's assets and liabilities, for example, are also reflected in the revenues and expenses on on Canadian Tire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue393.8 M413.4 M
Total Revenue16.4 B10.8 B
Cost Of Revenue10.7 B8.1 B
Sales General And Administrative To Revenue 0.19  0.12 
Capex To Revenue 0.04  0.05 
Revenue Per Share 294.07  308.77 
Ebit Per Revenue 0.07  0.06 

Pair Trading with Canadian Tire

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Tire position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Tire will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

  0.65MGA Mega UraniumPairCorr

Moving against Canadian Stock

  0.68EDT Spectral Med Earnings Call This WeekPairCorr
  0.63X TMX Group LimitedPairCorr
  0.52TFPM Triple Flag PreciousPairCorr
  0.52RAY-A Stingray GroupPairCorr
  0.51ARG Amerigo ResourcesPairCorr
The ability to find closely correlated positions to Canadian Tire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Tire when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Tire - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Tire to buy it.
The correlation of Canadian Tire is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Tire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Tire moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Tire can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Canadian Stock Analysis

When running Canadian Tire's price analysis, check to measure Canadian Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.