Loblaw Companies Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Oct '24 Oct 5, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 2, 2021	Dec '19 Dec 28, 2019	2018 - 2014
Operating Revenue	59,000	57,989	55,166	53,170	52,714	48,037	Upgrade
Other Revenue	1,597	1,540	1,338	-	-	-	Upgrade
Revenue	60,597	59,529	56,504	53,170	52,714	48,037	Upgrade
Revenue Growth (YoY)	2.70%	5.35%	6.27%	0.87%	9.74%	2.88%	Upgrade
Cost of Revenue	40,739	40,262	38,327	36,436	36,725	33,281	Upgrade
Gross Profit	19,482	18,894	17,892	16,670	15,989	14,756	Upgrade
Selling, General & Admin	15,440	15,316	14,584	13,743	13,615	12,418	Upgrade
Operating Expenses	15,440	15,316	14,584	13,743	13,615	12,418	Upgrade
Operating Income	4,042	3,578	3,308	2,927	2,374	2,338	Upgrade
Interest Expense	-690	-660	-599	-431	-744	-758	Upgrade
Interest & Investment Income	8	-	-	-	10	18	Upgrade
Other Non Operating Income (Expenses)	-3	-	-	-	-	-	Upgrade
EBT Excluding Unusual Items	3,357	2,918	2,709	2,496	1,640	1,598	Upgrade
Merger & Restructuring Charges	-	-	-16	-	-	-	Upgrade
Asset Writedown	-17	-17	-34	-54	-17	-75	Upgrade
Legal Settlements	-164	-	-	-	-	-	Upgrade
Pretax Income	3,176	2,901	2,659	2,442	1,623	1,523	Upgrade
Income Tax Expense	809	714	665	466	431	392	Upgrade
Earnings From Continuing Operations	2,367	2,187	1,994	1,976	1,192	1,131	Upgrade
Net Income to Company	2,367	2,187	1,994	1,976	1,192	1,131	Upgrade
Minority Interest in Earnings	-121	-87	-73	-101	-84	-50	Upgrade
Net Income	2,246	2,100	1,921	1,875	1,108	1,081	Upgrade
Preferred Dividends & Other Adjustments	12	12	12	12	12	12	Upgrade
Net Income to Common	2,234	2,088	1,909	1,863	1,096	1,069	Upgrade
Net Income Growth	7.57%	9.32%	2.45%	69.22%	2.50%	41.12%	Upgrade
Shares Outstanding (Basic)	308	317	328	339	355	365	Upgrade
Shares Outstanding (Diluted)	311	320	332	342	358	368	Upgrade
Shares Change (YoY)	-4.27%	-3.53%	-2.95%	-4.58%	-2.77%	-2.87%	Upgrade
EPS (Basic)	7.26	6.59	5.82	5.49	3.08	2.93	Upgrade
EPS (Diluted)	7.18	6.52	5.75	5.45	3.06	2.90	Upgrade
EPS Growth	12.39%	13.39%	5.50%	78.10%	5.52%	45.44%	Upgrade
Free Cash Flow	3,786	3,989	3,603	4,024	4,371	3,143	Upgrade
Free Cash Flow Per Share	12.19	12.47	10.86	11.77	12.20	8.53	Upgrade
Dividend Per Share	1.918	1.743	1.580	1.400	1.280	1.240	Upgrade
Dividend Growth	12.69%	10.32%	12.86%	9.38%	3.23%	7.36%	Upgrade
Gross Margin	32.15%	31.74%	31.66%	31.35%	30.33%	30.72%	Upgrade
Operating Margin	6.67%	6.01%	5.85%	5.50%	4.50%	4.87%	Upgrade
Profit Margin	3.69%	3.51%	3.38%	3.50%	2.08%	2.23%	Upgrade
Free Cash Flow Margin	6.25%	6.70%	6.38%	7.57%	8.29%	6.54%	Upgrade
EBITDA	5,524	5,014	4,698	4,266	3,715	3,631	Upgrade
EBITDA Margin	9.12%	8.42%	8.31%	8.02%	7.05%	7.56%	Upgrade
D&A For EBITDA	1,482	1,436	1,390	1,339	1,341	1,293	Upgrade
EBIT	4,042	3,578	3,308	2,927	2,374	2,338	Upgrade
EBIT Margin	6.67%	6.01%	5.85%	5.50%	4.50%	4.87%	Upgrade
Effective Tax Rate	25.47%	24.61%	25.01%	19.08%	26.56%	25.74%	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.