Loblaw Companies Income Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 14, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 2, 2021	2015 - 2019
Operating Revenue	60,685	59,428	57,989	55,166	53,170	52,714	Upgrade
Other Revenue	1,608	1,586	1,540	1,338	-	-	Upgrade
Revenue	62,293	61,014	59,529	56,504	53,170	52,714	Upgrade
Revenue Growth (YoY)	3.26%	2.50%	5.35%	6.27%	0.86%	9.74%	Upgrade
Cost of Revenue	41,949	41,065	40,262	38,327	36,436	36,725	Upgrade
Gross Profit	19,979	19,588	18,894	17,892	16,670	15,989	Upgrade
Selling, General & Admin	15,762	15,628	15,316	14,584	13,743	13,615	Upgrade
Operating Expenses	15,762	15,628	15,316	14,584	13,743	13,615	Upgrade
Operating Income	4,217	3,960	3,578	3,308	2,927	2,374	Upgrade
Interest Expense	-711	-683	-660	-599	-431	-744	Upgrade
Interest & Investment Income	-	-	-	-	-	10	Upgrade
Other Non Operating Income (Expenses)	-3	-	-	-	-	-	Upgrade
EBT Excluding Unusual Items	3,503	3,277	2,918	2,709	2,496	1,640	Upgrade
Merger & Restructuring Charges	-	-	-	-16	-	-	Upgrade
Asset Writedown	-32	-32	-17	-34	-54	-17	Upgrade
Legal Settlements	-	-164	-	-	-	-	Upgrade
Pretax Income	3,471	3,081	2,901	2,659	2,442	1,623	Upgrade
Income Tax Expense	904	806	714	665	466	431	Upgrade
Earnings From Continuing Operations	2,567	2,275	2,187	1,994	1,976	1,192	Upgrade
Net Income to Company	2,567	2,275	2,187	1,994	1,976	1,192	Upgrade
Minority Interest in Earnings	-101	-104	-87	-73	-101	-84	Upgrade
Net Income	2,466	2,171	2,100	1,921	1,875	1,108	Upgrade
Preferred Dividends & Other Adjustments	10	16	12	12	12	12	Upgrade
Net Income to Common	2,456	2,155	2,088	1,909	1,863	1,096	Upgrade
Net Income Growth	17.99%	3.38%	9.32%	2.45%	69.22%	2.50%	Upgrade
Shares Outstanding (Basic)	1,204	1,220	1,267	1,312	1,356	1,422	Upgrade
Shares Outstanding (Diluted)	1,216	1,234	1,280	1,327	1,367	1,433	Upgrade
Shares Change (YoY)	-2.97%	-3.59%	-3.53%	-2.96%	-4.58%	-2.77%	Upgrade
EPS (Basic)	2.04	1.77	1.65	1.45	1.37	0.77	Upgrade
EPS (Diluted)	2.02	1.75	1.63	1.44	1.36	0.77	Upgrade
EPS Growth	21.91%	7.21%	13.39%	5.50%	78.11%	5.52%	Upgrade
Free Cash Flow	4,251	3,979	3,989	3,603	4,024	4,371	Upgrade
Free Cash Flow Per Share	3.50	3.22	3.12	2.72	2.94	3.05	Upgrade
Dividend Per Share	0.526	0.496	0.436	0.395	0.350	0.320	Upgrade
Dividend Growth	13.61%	13.88%	10.33%	12.86%	9.38%	3.23%	Upgrade
Gross Margin	32.07%	32.10%	31.74%	31.66%	31.35%	30.33%	Upgrade
Operating Margin	6.77%	6.49%	6.01%	5.85%	5.50%	4.50%	Upgrade
Profit Margin	3.94%	3.53%	3.51%	3.38%	3.50%	2.08%	Upgrade
Free Cash Flow Margin	6.82%	6.52%	6.70%	6.38%	7.57%	8.29%	Upgrade
EBITDA	5,607	5,414	5,014	4,698	4,266	3,715	Upgrade
EBITDA Margin	9.00%	8.87%	8.42%	8.31%	8.02%	7.05%	Upgrade
D&A For EBITDA	1,390	1,454	1,436	1,390	1,339	1,341	Upgrade
EBIT	4,217	3,960	3,578	3,308	2,927	2,374	Upgrade
EBIT Margin	6.77%	6.49%	6.01%	5.85%	5.50%	4.50%	Upgrade
Effective Tax Rate	26.04%	26.16%	24.61%	25.01%	19.08%	26.56%	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.