Parkland Corporation (TSX: PKI)

Parkland Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	31,235	32,452	35,462	21,468	14,011	18,453
Revenue Growth (YoY)	-13.27%	-8.49%	65.19%	53.22%	-24.07%	27.77%
Cost of Revenue	27,239	28,484	31,441	18,512	11,675	15,617
Gross Profit	3,996	3,968	4,021	2,956	2,336	2,836
Selling, General & Admin	2,176	2,206	2,027	1,524	1,369	1,494
Depreciation & Amortization	839	823	743	616	609	580
Other Operating Expenses	61	-85	375	124	-41	5
Operating Expenses	3,076	2,944	3,145	2,264	1,937	2,079
Operating Income	920	1,024	876	692	399	757
Interest Expense	-345	-352	-295	-223	-233	-226
Net Interest Expenses	-345	-352	-295	-223	-233	-226
Income (Loss) On Equity Investments	14	15	21	16	8	8
Currency Exchange Gain (Loss)	-10	-3	-8	10	-5	32
Other Non Operating Income (Expenses)	-91	-86	-74	-218	-14	55
EBT Excluding Unusual Items	488	598	520	277	155	626
Merger & Restructuring Charges	-107	-104	-99	-43	-49	-76
Gain (Loss) on Sale of Assets	14	14	-3	-	-2	-3
Asset Writedown	22	-	-	-	-	-
Other Unusual Items	-	-	-2	-72	50	-
Pretax Income	417	508	416	162	154	547
Income Tax Expense	28	37	70	36	42	133
Earnings From Continuing Operations	389	471	346	126	112	414
Minority Interest in Earnings	-	-	-36	-29	-30	-32
Net Income	389	471	310	97	82	382
Net Income to Common	389	471	310	97	82	382
Net Income Growth	17.17%	51.94%	219.59%	18.29%	-78.53%	85.44%
Shares Outstanding (Basic)	176	176	160	151	149	147
Shares Outstanding (Diluted)	178	179	161	152	151	150
Shares Change (YoY)	7.25%	11.07%	5.65%	1.03%	0.82%	10.83%
EPS (Basic)	2.21	2.68	1.94	0.64	0.55	2.60
EPS (Diluted)	2.18	2.63	1.92	0.64	0.54	2.55
EPS Growth	9.65%	36.98%	200.00%	18.52%	-78.82%	66.67%
Free Cash Flow	1,225	1,298	823	508	817	408
Free Cash Flow Per Share	6.86	7.25	5.11	3.33	5.41	2.73
Dividend Per Share	1.370	1.360	1.289	1.231	1.211	1.191
Dividend Growth	4.18%	5.50%	4.69%	1.68%	1.71%	1.73%
Gross Margin	12.79%	12.23%	11.34%	13.77%	16.67%	15.37%
Operating Margin	2.95%	3.16%	2.47%	3.22%	2.85%	4.10%
Profit Margin	1.25%	1.45%	0.87%	0.45%	0.59%	2.07%
Free Cash Flow Margin	3.92%	4.00%	2.32%	2.37%	5.83%	2.21%
EBITDA	1,500	1,588	1,427	1,153	833	1,179
EBITDA Margin	4.80%	4.89%	4.02%	5.37%	5.95%	6.39%
D&A For EBITDA	580	564	551	461	434	422
EBIT	920	1,024	876	692	399	757
EBIT Margin	2.95%	3.16%	2.47%	3.22%	2.85%	4.10%
Effective Tax Rate	6.71%	7.28%	16.83%	22.22%	27.27%	24.31%

Source: S&P Capital IQ. Standard template.