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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	165	690	171	207	698	753
Trading Asset Securities	10	233	226	220	5	-
Accounts Receivable	495	515	704	721	852	746
Other Receivables	-	82	59	84	61	55
Inventory	48	44	59	64	24	21
Prepaid Expenses	191	101	81	54	39	102
Other Current Assets	4	-	1	87	188	54
Total Current Assets	1,149	1,665	1,301	1,437	1,867	1,731
Property, Plant & Equipment	22,038	21,237	20,689	19,878	18,646	18,059
Goodwill	20	20	141	141	-	-
Other Intangible Assets	1,154	1,014	995	976	819	726
Long-Term Investments	268	254	242	234	282	204
Long-Term Deferred Tax Assets	54	58	37	30	26	33
Long-Term Accounts Receivable	91	103	117	131	141	152
Other Long-Term Assets	147	185	265	331	193	170
Total Assets	24,921	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	764	637	814	820	989	739
Short-Term Debt	17	19	251	-	-	209
Current Portion of Long-Term Debt	87	375	75	528	107	332
Current Portion of Leases	11	9	8	8	7	7
Current Income Taxes Payable	-	17	12	3	12	5
Other Current Liabilities	13	12	22	63	202	126
Total Current Liabilities	892	1,069	1,182	1,422	1,317	1,418
Long-Term Debt	12,162	11,925	10,736	10,008	9,436	8,977
Long-Term Leases	52	57	48	46	44	44
Pension & Post-Retirement Benefits	238	215	228	224	204	268
Long-Term Deferred Tax Liabilities	2,403	2,285	2,212	2,087	1,788	1,588
Other Long-Term Liabilities	2,479	2,387	2,260	2,215	2,119	1,958
Total Liabilities	18,226	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	Sep 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	1,327	1,316	1,295	1,276	1,251	1,230
Additional Paid-In Capital	16	15	16	14	9	8
Retained Earnings	3,556	3,545	3,999	4,084	3,936	3,862
Comprehensive Income & Other	61	-15	28	-1	112	-36
Total Common Equity	4,960	4,861	5,338	5,373	5,308	5,064
Minority Interest	213	215	212	212	187	187
Shareholders' Equity	6,695	6,598	7,121	7,156	7,066	6,822
Total Liabilities & Equity	24,921	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	12,329	12,385	11,118	10,590	9,594	9,569
Net Cash (Debt)	-11,918	-11,462	-10,721	-10,163	-8,891	-8,816
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-43.68	-42.14	-39.50	-37.60	-32.97	-32.61
Filing Date Shares Outstanding	272.38	272.14	271.57	270.93	269.47	268.91
Total Common Shares Outstanding	272.36	272.09	271.56	270.93	269.47	268.91
Working Capital	257	596	119	15	550	313
Book Value Per Share	18.21	17.87	19.66	19.83	19.70	18.83
Tangible Book Value	3,786	3,827	4,202	4,256	4,489	4,338
Tangible Book Value Per Share	13.90	14.07	15.47	15.71	16.66	16.13
Land	829	794	791	764	760	756
Machinery	28,014	26,973	25,829	24,869	22,905	22,271
Construction In Progress	1,216	994	820	500	752	431

Data Source: S&P Global Market Intelligence Last updated: Sep 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:

Nov 10, 2026

Data Sources Report a data error