Canadian Utilities Limited (TSX:CU)

Canadian Utilities Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	254	690	171	207	698	753
Trading Asset Securities	6	233	226	220	5	-
Accounts Receivable	451	515	704	721	852	746
Other Receivables	-	82	59	84	61	55
Inventory	46	44	59	64	24	21
Prepaid Expenses	208	101	81	54	39	102
Other Current Assets	6	-	1	87	188	54
Total Current Assets	1,207	1,665	1,301	1,437	1,867	1,731
Property, Plant & Equipment	21,658	21,237	20,689	19,878	18,646	18,059
Goodwill	20	20	141	141	-	-
Other Intangible Assets	1,073	1,014	995	976	819	726
Long-Term Investments	258	254	242	234	282	204
Long-Term Deferred Tax Assets	62	58	37	30	26	33
Long-Term Accounts Receivable	94	103	117	131	141	152
Other Long-Term Assets	227	185	265	331	193	170
Total Assets	24,599	24,536	23,787	23,158	21,974	21,075

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	608	637	814	820	989	739
Short-Term Debt	3	19	251	-	-	209
Current Portion of Long-Term Debt	31	375	75	528	107	332
Current Portion of Leases	8	9	8	8	7	7
Current Income Taxes Payable	-	17	12	3	12	5
Other Current Liabilities	21	12	22	63	202	126
Total Current Liabilities	671	1,069	1,182	1,422	1,317	1,418
Long-Term Debt	12,048	11,925	10,736	10,008	9,436	8,977
Long-Term Leases	53	57	48	46	44	44
Pension & Post-Retirement Benefits	209	215	228	224	204	268
Long-Term Deferred Tax Liabilities	2,400	2,285	2,212	2,087	1,788	1,588
Other Long-Term Liabilities	2,438	2,387	2,260	2,215	2,119	1,958
Total Liabilities	17,819	17,938	16,666	16,002	14,908	14,253

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Preferred Stock, Redeemable	1,522	1,552	1,601	1,601	1,601	1,601
Total Preferred Equity	1,522	1,522	1,571	1,571	1,571	1,571
Common Stock	1,326	1,316	1,295	1,276	1,251	1,230
Additional Paid-In Capital	16	15	16	14	9	8
Retained Earnings	3,662	3,545	3,999	4,084	3,936	3,862
Comprehensive Income & Other	40	-15	28	-1	112	-36
Total Common Equity	5,044	4,861	5,338	5,373	5,308	5,064
Minority Interest	214	215	212	212	187	187
Shareholders' Equity	6,780	6,598	7,121	7,156	7,066	6,822
Total Liabilities & Equity	24,599	24,536	23,787	23,158	21,974	21,075

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	12,143	12,385	11,118	10,590	9,594	9,569
Net Cash (Debt)	-11,647	-11,462	-10,721	-10,163	-8,891	-8,816
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-42.73	-42.14	-39.50	-37.60	-32.97	-32.61
Filing Date Shares Outstanding	272.33	272.14	271.57	270.93	269.47	268.91
Total Common Shares Outstanding	272.33	272.09	271.56	270.93	269.47	268.91
Working Capital	536	596	119	15	550	313
Book Value Per Share	18.52	17.87	19.66	19.83	19.70	18.83
Tangible Book Value	3,951	3,827	4,202	4,256	4,489	4,338
Tangible Book Value Per Share	14.51	14.07	15.47	15.71	16.66	16.13
Land	824	794	791	764	760	756
Machinery	27,672	26,973	25,829	24,869	22,905	22,271
Construction In Progress	1,026	994	820	500	752	431

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 24, 2026

Data Sources Report a data error