George Weston 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	64,511	60,717	60,124	57,048	53,748
Revenue Growth (YoY)	6.25%	0.99%	5.39%	6.14%	0.90%
Cost of Revenue	43,871	41,297	40,513	38,528	36,435
Gross Profit	20,640	19,420	19,611	18,520	17,313
Selling, General & Admin	15,540	15,472	15,248	13,967	13,286
Total Operating Expenses	15,540	15,472	15,248	13,967	13,286
Operating Income	5,100	3,948	4,363	4,553	4,027
Interest Expense	-1,493	-834	-889	-913	-1,650
Total Non-Operating Income (Expense)	-1,493	-834	-889	-913	-1,650
Pretax Income	3,607	3,114	3,474	3,640	2,377
Provision for Income Taxes	1,270	833	849	831	630
Net Income	1,142	1,359	1,540	1,816	431
Minority Interest in Earnings	1,331	1,137	1,085	987	994
Earnings From Discontinued Operations	136	215	-	-6	-322
Net Income to Common	1,142	1,359	1,540	1,816	431
Net Income Growth	-15.97%	-11.75%	-15.20%	321.35%	-55.24%
Shares Outstanding (Basic)	385	397	413	433	450
Shares Outstanding (Diluted)	387	399	414	434	451
Shares Change (YoY)	-2.99%	-3.72%	-4.70%	-3.60%	-2.15%
EPS (Basic)	2.86	3.32	3.63	4.10	0.86
EPS (Diluted)	2.80	3.27	3.58	4.05	0.84
EPS Growth	-14.37%	-8.74%	-11.59%	382.54%	-57.72%
Shares Outstanding	379.27	389.87	403.27	421.73	439.95
Free Cash Flow	4,201	4,047	3,916	3,466	4,063
Free Cash Flow Growth	3.81%	3.35%	12.98%	-14.69%	-5.20%
Free Cash Flow Per Share	10.86	10.15	9.46	7.98	9.02
Dividends Per Share	1.167	1.058	0.933	0.860	0.767
Dividend Growth	10.35%	13.36%	8.49%	12.17%	8.24%
Gross Margin	31.99%	31.98%	32.62%	32.46%	32.21%
Operating Margin	7.91%	6.50%	7.26%	7.98%	7.49%
Profit Margin	3.83%	4.11%	4.37%	4.91%	2.65%
FCF Margin	6.51%	6.67%	6.51%	6.08%	7.56%
EBITDA	7,480	6,559	6,895	6,960	6,446
EBITDA Margin	11.59%	10.80%	11.47%	12.20%	11.99%
EBIT	5,100	3,948	4,363	4,553	4,027
EBIT Margin	7.91%	6.50%	7.26%	7.98%	7.49%
Effective Tax Rate	35.21%	26.75%	24.44%	22.83%	26.50%

Updated Mar 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.