Loblaw Companies Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct '25 Oct 4, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 2, 2021
Operating Revenue	61,521	59,428	57,989	55,166	53,170	52,714
Other Revenue	1,629	1,586	1,540	1,338	-	-
Revenue	63,150	61,014	59,529	56,504	53,170	52,714
Revenue Growth (YoY)	4.21%	2.50%	5.35%	6.27%	0.86%	9.74%
Cost of Revenue	42,474	41,065	40,262	38,327	36,436	36,725
Gross Profit	20,291	19,588	18,894	17,892	16,670	15,989
Selling, General & Admin	15,707	15,628	15,316	14,584	13,743	13,615
Operating Expenses	15,707	15,628	15,316	14,584	13,743	13,615
Operating Income	4,584	3,960	3,578	3,308	2,927	2,374
Interest Expense	-747	-683	-660	-599	-431	-744
Interest & Investment Income	-	-	-	-	-	10
Other Non Operating Income (Expenses)	14	-	-	-	-	-
EBT Excluding Unusual Items	3,851	3,277	2,918	2,709	2,496	1,640
Merger & Restructuring Charges	-	-	-	-16	-	-
Asset Writedown	-32	-32	-17	-34	-54	-17
Legal Settlements	-328	-164	-	-	-	-
Pretax Income	3,491	3,081	2,901	2,659	2,442	1,623
Income Tax Expense	934	806	714	665	466	431
Earnings From Continuing Operations	2,557	2,275	2,187	1,994	1,976	1,192
Net Income to Company	2,557	2,275	2,187	1,994	1,976	1,192
Minority Interest in Earnings	-77	-104	-87	-73	-101	-84
Net Income	2,480	2,171	2,100	1,921	1,875	1,108
Preferred Dividends & Other Adjustments	7	16	12	12	12	12
Net Income to Common	2,473	2,155	2,088	1,909	1,863	1,096
Net Income Growth	10.42%	3.38%	9.32%	2.45%	69.22%	2.50%
Shares Outstanding (Basic)	1,196	1,220	1,267	1,312	1,356	1,422
Shares Outstanding (Diluted)	1,209	1,234	1,280	1,327	1,367	1,433
Shares Change (YoY)	-2.75%	-3.59%	-3.53%	-2.96%	-4.58%	-2.77%
EPS (Basic)	2.07	1.77	1.65	1.45	1.37	0.77
EPS (Diluted)	2.04	1.75	1.63	1.44	1.36	0.77
EPS Growth	13.74%	7.21%	13.39%	5.50%	78.11%	5.52%
Free Cash Flow	4,039	3,979	3,989	3,603	4,024	4,371
Free Cash Flow Per Share	3.34	3.22	3.12	2.72	2.94	3.05
Dividend Per Share	0.539	0.496	0.436	0.395	0.350	0.320
Dividend Growth	12.35%	13.88%	10.33%	12.86%	9.38%	3.23%
Gross Margin	32.13%	32.10%	31.74%	31.66%	31.35%	30.33%
Operating Margin	7.26%	6.49%	6.01%	5.85%	5.50%	4.50%
Profit Margin	3.92%	3.53%	3.51%	3.38%	3.50%	2.08%
Free Cash Flow Margin	6.40%	6.52%	6.70%	6.38%	7.57%	8.29%
EBITDA	5,881	5,414	5,014	4,698	4,266	3,715
EBITDA Margin	9.31%	8.87%	8.42%	8.31%	8.02%	7.05%
D&A For EBITDA	1,297	1,454	1,436	1,390	1,339	1,341
EBIT	4,584	3,960	3,578	3,308	2,927	2,374
EBIT Margin	7.26%	6.49%	6.01%	5.85%	5.50%	4.50%
Effective Tax Rate	26.75%	26.16%	24.61%	25.01%	19.08%	26.56%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.