Loblaw Companies Limited (LBLCF)

Loblaw Companies Income Statement

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

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

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