Maple Leaf Foods Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,913	3,633	4,841	4,739	4,521
Revenue Growth (YoY)	7.69%	-24.95%	2.15%	4.82%	5.05%
Cost of Revenue	3,250	3,076	4,390	4,315	3,862
Gross Profit	662.77	557.35	451.37	424.14	659.08
Selling, General & Admin	397.38	391.73	405.07	431.72	467.07
Other Operating Expenses	97.71	19.92	23.73	220.99	4.91
Total Operating Expenses	495.1	411.66	428.8	652.71	471.98
Operating Income	198.77	149.83	8.23	-242.93	172.58
Interest Income	0.89	-	-	-	-
Interest Expense	-95.19	-158.12	-150.85	-56.04	-22.87
Other Non-Operating Income (Expense)	30.21	4.13	-14.35	-14.36	-14.52
Total Non-Operating Income (Expense)	-64.09	-153.99	-165.2	-70.4	-37.39
Pretax Income	103.58	-8.3	-142.63	-298.97	149.71
Provision for Income Taxes	59.63	3.57	-17.65	12.93	46.88
Net Income	541.63	96.6	-124.98	-311.89	102.82
Earnings From Discontinued Operations	497.69	108.47	-	-	-
Net Income to Common	541.63	96.6	-124.98	-311.89	102.82
Net Income Growth	460.70%	-	-	-	-9.23%
Shares Outstanding (Basic)	124	123	122	124	124
Shares Outstanding (Diluted)	127	124	122	124	125
Shares Change (YoY)	2.49%	2.05%	-1.46%	-0.88%	0.32%
EPS (Basic)	4.36	0.79	-1.03	-2.52	0.83
EPS (Diluted)	4.25	0.78	-1.03	-2.52	0.82
EPS Growth	444.87%	-	-	-	-9.89%
Shares Outstanding	124.19	123.67	122.36	120.81	123.02
Free Cash Flow	310.16	369.43	-21.3	-306.42	-275.56
Free Cash Flow Growth	-16.04%	-	-	-	-
Free Cash Flow Per Share	2.43	2.97	-0.17	-2.48	-2.21
Dividends Per Share	0.910	0.880	0.840	0.800	0.720
Dividend Growth	3.41%	4.76%	5.00%	11.11%	12.50%
Gross Margin	16.94%	15.34%	9.32%	8.95%	14.58%
Operating Margin	5.08%	4.12%	0.17%	-5.13%	3.82%
Profit Margin	1.12%	-0.33%	-2.58%	-6.58%	2.27%
FCF Margin	7.93%	10.17%	-0.44%	-6.47%	-6.09%
EBITDA	433.7	415	279.62	-8.99	373.43
EBITDA Margin	11.08%	11.42%	5.78%	-0.19%	8.26%
EBIT	198.77	149.83	8.23	-242.93	172.58
EBIT Margin	5.08%	4.12%	0.17%	-5.13%	3.82%
Effective Tax Rate	57.57%	-43.03%	12.37%	-4.32%	31.32%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.