Canadian Historical Income Statement

CU Stock

CAD 36.76 0.49 1.35%

Historical analysis of Canadian Utilities income statement accounts such as Total Revenue of 3.3 B, Gross Profit of 2 B or Operating Income of 852 M can show how well Canadian Utilities Limited performed in making a profits. Evaluating Canadian Utilities income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Canadian Utilities's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Canadian Utilities latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canadian Utilities is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Utilities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Canadian Income Statement Analysis

Canadian Utilities Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Canadian Utilities shareholders. The income statement also shows Canadian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Canadian Utilities Income Statement Chart

At this time, Canadian Utilities' Cost Of Revenue is very stable compared to the past year. As of the 31st of March 2025, Total Operating Expenses is likely to grow to about 2.8 B, while Interest Expense is likely to drop about 269.5 M.

Total Revenue Gross Profit Operating Income Ebitda

Total Revenue

Total revenue comprises all receipts Canadian Utilities generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Canadian Utilities Limited minus its cost of goods sold. It is profit before Canadian Utilities operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Canadian Utilities operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Canadian Utilities Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Canadian Utilities' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Canadian Utilities current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Utilities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

	2022	2023	2024	2025 (projected)
Gross Profit	2.7B	2.6B	2.6B	2.0B
Total Revenue	4.0B	3.8B	3.7B	3.3B

Gross Profit Total Revenue

Canadian Utilities income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Operating Income	Ebitda	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Ebit	Other Operating Expenses	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Interest Expense		0.9	0.9	0.2	0.78	0.55	0.58	0.62	0.9	0.85	0.79	0.12	0.49	0.51	0.18	0.62	0.18	-0.58	-0.36	0.07	-0.5	0.35
Total Revenue	0.9		0.88	0.12	0.6	0.64	0.66	0.75	0.77	0.77	0.89	0.25	0.47	0.65	0.39	0.65	0.21	-0.49	-0.17	0.23	-0.43	0.25
Gross Profit	0.9	0.88		0.15	0.67	0.49	0.64	0.62	0.74	0.81	0.72	-0.03	0.42	0.59	0.28	0.51	0.31	-0.46	-0.21	0.23	-0.36	0.23
Operating Income	0.2	0.12	0.15		0.53	-0.42	0.45	-0.35	0.08	0.39	0.14	0.6	-0.36	0.44	-0.53	-0.41	0.72	-0.05	-0.07	0.31	-0.28	-0.04
Ebitda	0.78	0.6	0.67	0.53		0.26	0.48	0.29	0.77	0.91	0.59	0.26	0.43	0.43	-0.09	0.39	0.36	-0.57	-0.34	-0.07	-0.57	0.52
Total Other Income Expense Net	0.55	0.64	0.49	-0.42	0.26		0.48	0.82	0.52	0.54	0.46	-0.3	0.71	0.47	0.73	0.93	-0.02	-0.36	-0.26	-0.2	-0.24	0.27
Net Income	0.58	0.66	0.64	0.45	0.48	0.48		0.38	0.31	0.73	0.39	0.08	0.11	0.96	0.31	0.33	0.82	-0.11	-0.25	0.26	-0.35	-0.04
Income Tax Expense	0.62	0.75	0.62	-0.35	0.29	0.82	0.38		0.64	0.52	0.56	-0.18	0.53	0.46	0.75	0.78	-0.15	-0.34	0.21	-0.1	-0.05	0.28
Depreciation And Amortization	0.9	0.77	0.74	0.08	0.77	0.52	0.31	0.64		0.73	0.72	0.12	0.52	0.27	0.19	0.62	-0.09	-0.73	-0.26	-0.14	-0.32	0.51
Ebit	0.85	0.77	0.81	0.39	0.91	0.54	0.73	0.52	0.73		0.64	0.11	0.5	0.68	0.22	0.58	0.49	-0.45	-0.33	0.01	-0.58	0.39
Other Operating Expenses	0.79	0.89	0.72	0.14	0.59	0.46	0.39	0.56	0.72	0.64		0.49	0.56	0.39	0.18	0.57	0.05	-0.58	-0.2	0.25	-0.58	0.35
Cost Of Revenue	0.12	0.25	-0.03	0.6	0.26	-0.3	0.08	-0.18	0.12	0.11	0.49		-0.18	0.12	-0.33	-0.23	0.17	-0.11	0.07	0.35	-0.32	0.02
Total Operating Expenses	0.49	0.47	0.42	-0.36	0.43	0.71	0.11	0.53	0.52	0.5	0.56	-0.18		0.11	0.26	0.89	-0.22	-0.66	-0.41	-0.34	-0.57	0.67
Income Before Tax	0.51	0.65	0.59	0.44	0.43	0.47	0.96	0.46	0.27	0.68	0.39	0.12	0.11		0.36	0.33	0.78	-0.11	-0.04	0.24	-0.3	0.01
Selling General Administrative	0.18	0.39	0.28	-0.53	-0.09	0.73	0.31	0.75	0.19	0.22	0.18	-0.33	0.26	0.36		0.54	-0.06	0.15	0.25	-0.02	0.14	-0.06
Selling And Marketing Expenses	0.62	0.65	0.51	-0.41	0.39	0.93	0.33	0.78	0.62	0.58	0.57	-0.23	0.89	0.33	0.54		-0.16	-0.55	-0.32	-0.31	-0.42	0.51
Net Income From Continuing Ops	0.18	0.21	0.31	0.72	0.36	-0.02	0.82	-0.15	-0.09	0.49	0.05	0.17	-0.22	0.78	-0.06	-0.16		0.14	-0.19	0.33	-0.29	-0.17
Minority Interest	-0.58	-0.49	-0.46	-0.05	-0.57	-0.36	-0.11	-0.34	-0.73	-0.45	-0.58	-0.11	-0.66	-0.11	0.15	-0.55	0.14		0.37	0.29	0.35	-0.8
Tax Provision	-0.36	-0.17	-0.21	-0.07	-0.34	-0.26	-0.25	0.21	-0.26	-0.33	-0.2	0.07	-0.41	-0.04	0.25	-0.32	-0.19	0.37		0.09	0.56	-0.17
Interest Income	0.07	0.23	0.23	0.31	-0.07	-0.2	0.26	-0.1	-0.14	0.01	0.25	0.35	-0.34	0.24	-0.02	-0.31	0.33	0.29	0.09		-0.03	-0.58
Net Interest Income	-0.5	-0.43	-0.36	-0.28	-0.57	-0.24	-0.35	-0.05	-0.32	-0.58	-0.58	-0.32	-0.57	-0.3	0.14	-0.42	-0.29	0.35	0.56	-0.03		-0.4
Reconciled Depreciation	0.35	0.25	0.23	-0.04	0.52	0.27	-0.04	0.28	0.51	0.39	0.35	0.02	0.67	0.01	-0.06	0.51	-0.17	-0.8	-0.17	-0.58	-0.4

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Canadian Utilities Account Relationship Matchups

Canadian Utilities income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	398M	399M	402M	453M	506M	269.5M
Total Revenue	3.2B	3.5B	4.0B	3.8B	3.7B	3.3B
Gross Profit	2.3B	2.4B	2.7B	2.6B	2.6B	2.0B
Operating Income	972M	940M	1.2B	1.3B	1.1B	852.0M
Ebitda	1.6B	1.5B	1.8B	2.1B	2.4B	1.5B
Total Other Income Expense Net	(386M)	(402M)	(371M)	(406M)	(14M)	(14.7M)
Net Income	427M	393M	632M	707M	480M	462.5M
Income Tax Expense	152M	138M	199M	198M	227.7M	172.6M
Depreciation And Amortization	610M	651M	643M	725M	833.8M	475.8M
Ebit	942M	882M	1.2B	1.4B	1.6B	988.8M
Other Operating Expenses	2.3B	2.6B	2.9B	2.5B	2.8B	2.6B
Cost Of Revenue	961M	1.1B	1.3B	1.2B	1.1B	1.2B
Total Operating Expenses	1.3B	1.5B	1.6B	1.3B	2.7B	2.8B
Income Before Tax	586M	538M	838M	915M	624M	703.1M
Selling General Administrative	341M	362M	374M	393M	449M	377.2M
Net Income From Continuing Ops	434M	400M	639M	717M	491M	470.5M
Net Income Applicable To Common Shares	884M	360M	328M	557M	501.3M	415.5M
Tax Provision	152M	138M	199M	198M	133M	137.0M
Interest Income	15M	380M	358M	54M	76M	72.2M
Net Interest Income	(386M)	(392M)	(370M)	(406M)	(432M)	(453.6M)
Reconciled Depreciation	610M	651M	642M	725M	711M	709.1M

Pair Trading with Canadian Utilities

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 Utilities 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 Utilities will appreciate offsetting losses from the drop in the long position's value.

Moving against Canadian Stock

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The ability to find closely correlated positions to Canadian Utilities 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 Utilities 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 Utilities - 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 Utilities Limited to buy it.

The correlation of Canadian Utilities 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 Utilities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Utilities 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 Utilities 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 Correlation Correlation Matching

Other Information on Investing in Canadian Stock

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Canadian Historical Income Statement

About Canadian Income Statement Analysis

Canadian Utilities Income Statement Chart

Total Revenue

Gross Profit

Operating Income

Canadian Utilities income statement Correlations

Canadian Utilities Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Utilities income statement Accounts

Pair Trading with Canadian Utilities

Moving against Canadian Stock

Other Information on Investing in Canadian Stock

COMMON DESTINATIONS

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Income Before Tax	+ 0.96	Net Income
Selling And Marketing Expenses	+ 0.93	Total Other Income Expense Net
Ebit	+ 0.91	Ebitda
Total Revenue	+ 0.9	Interest Expense
Gross Profit	+ 0.9	Interest Expense
Depreciation And Amortization	+ 0.9	Interest Expense

Reconciled Depreciation	- 0.8	Minority Interest
Minority Interest	- 0.73	Depreciation And Amortization
Minority Interest	- 0.66	Total Operating Expenses
Reconciled Depreciation	- 0.58	Interest Income
Net Interest Income	- 0.58	Other Operating Expenses
Minority Interest	- 0.58	Other Operating Expenses