Loblaw Companies (L.TO) Financial Statements
Price: $191.99
Market Cap: $57.67B
Avg Volume: 397.38K
Market Cap: $57.67B
Avg Volume: 397.38K
Country: CA
Industry: Grocery Stores
Sector: Consumer Defensive
Industry: Grocery Stores
Sector: Consumer Defensive
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Loblaw Companies.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.01B | $59.53B | $56.50B | $53.17B | $52.71B | $48.04B | $46.69B | $46.70B | $46.38B | $45.39B |
| Cost of Revenue | $41.29B | $40.49B | $38.53B | $36.44B | $36.73B | $33.28B | $32.54B | $32.91B | $33.21B | $32.85B |
| Gross Profit | $19.73B | $19.04B | $17.98B | $16.73B | $15.99B | $14.76B | $14.16B | $13.79B | $13.17B | $12.55B |
| Gross Profit Ratio | 32.33% | 32.00% | 31.81% | 31.50% | 30.33% | 30.72% | 30.32% | 29.53% | 28.40% | 27.64% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $15.82B | $15.33B | $14.63B | $13.80B | $13.62B | $12.49B | $12.23B | $11.29B | $11.08B | $10.95B |
| Other Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $15.82B | $15.33B | $14.63B | $13.80B | $13.62B | $12.49B | $12.23B | $11.29B | $11.08B | $10.95B |
| Cost and Expenses | $57.11B | $55.84B | $53.16B | $50.23B | $50.35B | $45.77B | $44.77B | $44.21B | $44.29B | $43.79B |
| Interest Income | $38.00M | $34.00M | $33.00M | $196.00M | $10.00M | $18.00M | $23.00M | $28.00M | $25.00M | $30.00M |
| Interest Expense | $859.00M | $837.00M | $689.00M | $688.00M | $752.00M | $765.00M | $411.00M | $510.00M | $514.00M | $540.00M |
| Depreciation and Amortization | $2.97B | $2.91B | $2.79B | $2.66B | $2.60B | $2.52B | $1.50B | $1.50B | $1.54B | $1.59B |
| EBITDA | $6.91B | $6.64B | $6.17B | $5.79B | $4.96B | $4.80B | $3.25B | $3.56B | $3.48B | $3.08B |
| EBITDA Ratio | 11.32% | 11.16% | 10.87% | 10.90% | 9.43% | 10.02% | 7.20% | 8.67% | 7.54% | 6.80% |
| Operating Income | $3.90B | $3.70B | $3.34B | $2.94B | $2.37B | $2.27B | $1.92B | $2.49B | $2.09B | $1.60B |
| Operating Income Ratio | 6.40% | 6.22% | 5.91% | 5.52% | 4.49% | 4.73% | 4.12% | 5.34% | 4.51% | 3.53% |
| Total Other Income Expenses Net | $-821.00M | $-803.00M | $-683.00M | $-495.00M | $-742.00M | $-747.00M | $-564.00M | $-374.00M | $-653.00M | $-644.00M |
| Income Before Tax | $3.08B | $2.90B | $2.66B | $2.44B | $1.62B | $1.52B | $1.36B | $1.97B | $1.44B | $957.00M |
| Income Before Tax Ratio | 5.05% | 4.87% | 4.71% | 4.59% | 3.08% | 3.17% | 2.91% | 4.22% | 3.10% | 2.11% |
| Income Tax Expense | $806.00M | $714.00M | $665.00M | $466.00M | $431.00M | $392.00M | $606.00M | $443.00M | $449.00M | $334.00M |
| Net Income | $2.17B | $2.10B | $1.92B | $1.88B | $1.11B | $1.08B | $766.00M | $1.50B | $983.00M | $632.00M |
| Net Income Ratio | 3.56% | 3.53% | 3.40% | 3.53% | 2.10% | 2.25% | 1.64% | 3.22% | 2.12% | 1.39% |
| EPS | $7.06 | $6.59 | $5.82 | $5.49 | $3.08 | $2.93 | $2.03 | $3.82 | $2.40 | $1.44 |
| EPS Diluted | $6.99 | $6.53 | $5.76 | $5.45 | $3.06 | $2.90 | $2.02 | $3.79 | $2.37 | $1.42 |
| Weighted Average Shares Outstanding | 305.10M | 316.70M | 328.10M | 339.10M | 355.50M | 365.40M | 376.70M | 393.80M | 405.10M | 411.50M |
| Weighted Average Shares Outstanding Diluted | 308.50M | 320.00M | 331.70M | 341.80M | 358.20M | 368.40M | 379.30M | 397.30M | 409.10M | 415.20M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.46B | $1.49B | $1.61B | $1.98B | $1.67B | $1.13B | $1.06B | $1.80B | $1.31B | $1.02B |
| Short Term Investments | $648.00M | $464.00M | $326.00M | $464.00M | $269.00M | $57.00M | $94.00M | $546.00M | $241.00M | $64.00M |
| Cash and Short Term Investments | $2.11B | $1.95B | $1.93B | $2.44B | $1.94B | $1.19B | $1.16B | $2.34B | $1.55B | $1.08B |
| Net Receivables | $5.68B | $5.43B | $5.15B | $4.69B | $4.09B | $4.73B | $4.53B | $4.29B | $4.05B | $4.12B |
| Inventory | $6.33B | $5.82B | $5.86B | $5.17B | $5.20B | $5.08B | $4.80B | $4.44B | $4.37B | $4.32B |
| Other Current Assets | $423.00M | $376.00M | $434.00M | $340.00M | $540.00M | $316.00M | $1.15B | $257.00M | $230.00M | $336.00M |
| Total Current Assets | $14.55B | $13.58B | $13.38B | $12.64B | $11.55B | $11.31B | $11.64B | $11.33B | $10.20B | $9.86B |
| Property Plant Equipment Net | $15.34B | $14.01B | $13.11B | $12.62B | $12.75B | $12.85B | $5.93B | $10.67B | $10.56B | $10.48B |
| Goodwill | $4.37B | $4.35B | $4.32B | $3.95B | $3.95B | $3.95B | $3.94B | $3.92B | $3.90B | $3.36B |
| Intangible Assets | $5.45B | $5.99B | $6.50B | $6.40B | $6.87B | $7.32B | $7.80B | $8.25B | $8.74B | $9.16B |
| Goodwill and Intangible Assets | $9.82B | $10.34B | $10.83B | $10.35B | $10.82B | $11.27B | $11.74B | $12.17B | $12.64B | $12.53B |
| Long Term Investments | $231.00M | $396.00M | $399.00M | $127.00M | $118.00M | $22.00M | $31.00M | $75.00M | $84.00M | $128.00M |
| Tax Assets | $118.00M | $125.00M | $86.00M | $91.00M | $113.00M | $169.00M | $144.00M | $134.00M | $130.00M | $132.00M |
| Other Non-Current Assets | $828.00M | $529.00M | $353.00M | $786.00M | $523.00M | $688.00M | $670.00M | $728.00M | $819.00M | $818.00M |
| Total Non-Current Assets | $26.33B | $25.40B | $24.77B | $23.98B | $24.32B | $25.00B | $18.52B | $23.78B | $24.23B | $24.08B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $40.88B | $38.98B | $38.15B | $36.61B | $35.87B | $36.31B | $30.15B | $35.11B | $34.44B | $33.94B |
| Account Payables | $7.53B | $6.32B | $6.22B | $5.43B | $5.39B | $4.85B | $4.84B | $5.23B | $5.09B | $4.64B |
| Short Term Debt | $3.08B | $3.51B | $2.84B | $2.80B | $2.64B | $3.29B | $2.62B | $2.38B | $1.18B | $1.75B |
| Tax Payables | $86.00M | $240.00M | $195.00M | $153.00M | $83.00M | $27.00M | $131.00M | $117.00M | $329.00M | $82.00M |
| Deferred Revenue | $565.00M | $- | $125.00M | $75.00M | $24.00M | $426.00M | $131.00M | $117.00M | $329.00M | $82.00M |
| Other Current Liabilities | $507.00M | $781.00M | $849.00M | $809.00M | $644.00M | $1.06B | $1.12B | $906.00M | $342.00M | $752.00M |
| Total Current Liabilities | $11.77B | $10.85B | $10.10B | $9.20B | $8.76B | $9.23B | $8.70B | $8.69B | $6.94B | $7.22B |
| Long Term Debt | $16.11B | $14.66B | $14.77B | $13.75B | $13.97B | $13.66B | $6.38B | $9.54B | $10.47B | $10.01B |
| Deferred Revenue Non-Current | $- | $- | $- | $521.00M | $584.00M | $544.00M | $872.00M | $746.00M | $678.00M | $665.00M |
| Deferred Tax Liabilities Non-Current | $957.00M | $1.13B | $1.28B | $1.35B | $1.38B | $1.54B | $1.95B | $1.98B | $2.19B | $1.83B |
| Other Non-Current Liabilities | $784.00M | $717.00M | $544.00M | $61.00M | $57.00M | $16.00M | $73.00M | $3.08B | $1.13B | $3.90B |
| Total Non-Current Liabilities | $17.85B | $16.51B | $16.59B | $15.68B | $15.99B | $15.76B | $9.27B | $13.36B | $14.47B | $13.55B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $29.61B | $27.36B | $26.69B | $24.88B | $24.75B | $24.99B | $17.98B | $22.05B | $21.41B | $20.77B |
| Preferred Stock | $- | $221.00M | $221.00M | $221.00M | $221.00M | $221.00M | $221.00M | $221.00M | $221.00M | $221.00M |
| Common Stock | $6.20B | $6.26B | $6.46B | $6.63B | $6.82B | $7.04B | $7.16B | $7.67B | $7.91B | $7.85B |
| Retained Earnings | $4.75B | $4.82B | $4.46B | $4.59B | $3.81B | $3.82B | $4.58B | $5.20B | $4.94B | $4.95B |
| Accumulated Other Comprehensive Income Loss | $32.00M | $35.00M | $30.00M | $14.00M | $21.00M | $47.00M | $49.00M | $38.00M | $33.00M | $23.00M |
| Other Total Stockholders Equity | $115.00M | $136.00M | $122.00M | $116.00M | $109.00M | $100.00M | $107.00M | $95.00M | $91.00M | $102.00M |
| Total Stockholders Equity | $11.09B | $11.46B | $11.30B | $11.57B | $10.99B | $11.23B | $12.12B | $13.01B | $13.00B | $13.15B |
| Total Equity | $11.27B | $11.62B | $11.46B | $11.74B | $11.12B | $11.32B | $12.18B | $13.05B | $13.03B | $13.16B |
| Total Liabilities and Stockholders Equity | $40.88B | $38.98B | $38.15B | $36.61B | $35.87B | $36.31B | $30.15B | $35.11B | $34.44B | $33.94B |
| Minority Interest | $175.00M | $155.00M | $157.00M | $164.00M | $131.00M | $87.00M | $59.00M | $40.00M | $26.00M | $13.00M |
| Total Liabilities and Total Equity | $40.88B | $38.98B | $38.15B | $36.61B | $35.87B | $36.31B | $30.15B | $35.11B | $34.44B | $33.94B |
| Total Investments | $879.00M | $860.00M | $725.00M | $591.00M | $387.00M | $79.00M | $125.00M | $621.00M | $325.00M | $192.00M |
| Total Debt | $19.18B | $18.17B | $17.61B | $16.55B | $16.61B | $16.95B | $9.05B | $11.99B | $11.73B | $11.79B |
| Net Debt | $17.72B | $16.68B | $16.00B | $14.58B | $14.94B | $15.82B | $7.99B | $10.19B | $10.41B | $10.78B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $2.27B | $2.19B | $1.99B | $1.98B | $1.19B | $1.13B | $800.00M | $1.53B | $990.00M | $623.00M |
| Depreciation and Amortization | $2.97B | $2.91B | $2.79B | $2.66B | $2.60B | $2.52B | $1.59B | $1.57B | $1.54B | $1.59B |
| Deferred Income Tax | $806.00M | $714.00M | $665.00M | $277.00M | $431.00M | $392.00M | $840.00M | $443.00M | $449.00M | $334.00M |
| Stock Based Compensation | $- | $72.00M | $69.00M | $59.00M | $49.00M | $45.00M | $49.00M | $53.00M | $63.00M | $71.00M |
| Change in Working Capital | $135.00M | $-168.00M | $-1.01B | $-232.00M | $595.00M | $-335.00M | $-1.12B | $191.00M | $-2.00M | $75.00M |
| Accounts Receivables | $-275.00M | $-391.00M | $-512.00M | $-302.00M | $474.00M | $-315.00M | $-327.00M | $-174.00M | $-136.00M | $-160.00M |
| Inventory | $-510.00M | $35.00M | $-689.00M | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $839.00M | $116.00M | $507.00M | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $81.00M | $72.00M | $-313.00M | $70.00M | $121.00M | $-20.00M | $-795.00M | $365.00M | $134.00M | $235.00M |
| Other Non Cash Items | $-380.00M | $-57.00M | $239.00M | $725.00M | $776.00M | $780.00M | $725.00M | $-519.00M | $539.00M | $455.00M |
| Net Cash Provided by Operating Activities | $5.80B | $5.65B | $4.75B | $4.83B | $5.19B | $3.96B | $2.50B | $3.21B | $3.52B | $3.08B |
| Investments in Property Plant and Equipment | $-1.82B | $-1.67B | $-1.57B | $-1.18B | $-1.16B | $-1.19B | $-1.33B | $-1.26B | $-1.22B | $-1.24B |
| Acquisitions Net | $- | $- | $-813.00M | $80.00M | $14.00M | $20.00M | $-1.65B | $566.00M | $-111.00M | $33.00M |
| Purchases of Investments | $-184.00M | $- | $-180.00M | $-164.00M | $-212.00M | $424.00M | $- | $-305.00M | $-177.00M | $-43.00M |
| Sales Maturities of Investments | $81.00M | $- | $138.00M | $84.00M | $212.00M | $37.00M | $452.00M | $-280.00M | $-330.00M | $5.00M |
| Other Investing Activities | $-95.00M | $-180.00M | $58.00M | $-89.00M | $-232.00M | $423.00M | $-309.00M | $-316.00M | $-253.00M | $-263.00M |
| Net Cash Used for Investing Activities | $-2.02B | $-1.84B | $-2.37B | $-1.27B | $-1.38B | $-289.00M | $-3.30B | $-1.03B | $-1.44B | $-1.24B |
| Debt Repayment | $-794.00M | $-845.00M | $-213.00M | $-1.01B | $-1.18B | $-1.46B | $2.39B | $206.00M | $-147.00M | $-671.00M |
| Common Stock Issued | $147.00M | $61.00M | $88.00M | $102.00M | $30.00M | $82.00M | $78.00M | $41.00M | $42.00M | $284.00M |
| Common Stock Repurchased | $-1.83B | $-1.80B | $-1.40B | $-1.25B | $-898.00M | $-999.00M | $-1.12B | $-1.14B | $-798.00M | $-568.00M |
| Dividends Paid | $-459.00M | $-562.00M | $-529.00M | $-484.00M | $-580.00M | $-460.00M | $-440.00M | $-327.00M | $-425.00M | $-416.00M |
| Other Financing Activities | $-884.00M | $-785.00M | $-701.00M | $-607.00M | $-659.00M | $-768.00M | $-838.00M | $-466.00M | $-454.00M | $-472.00M |
| Net Cash Used Provided by Financing Activities | $-3.82B | $-3.93B | $-2.75B | $-3.25B | $-3.28B | $-3.61B | $68.00M | $-1.69B | $-1.78B | $-1.84B |
| Effect of Forex Changes on Cash | $9.00M | $3.00M | $-4.00M | $1.00M | $2.00M | $3.00M | $-6.00M | $-6.00M | $-4.00M | $17.00M |
| Net Change in Cash | $-26.00M | $-120.00M | $-368.00M | $308.00M | $535.00M | $68.00M | $-733.00M | $484.00M | $296.00M | $19.00M |
| Cash at End of Period | $1.46B | $1.49B | $1.61B | $1.98B | $1.67B | $1.13B | $1.06B | $1.80B | $1.31B | $1.02B |
| Cash at Beginning of Period | $1.49B | $1.61B | $1.98B | $1.67B | $1.13B | $1.06B | $1.80B | $1.31B | $1.02B | $999.00M |
| Operating Cash Flow | $5.80B | $5.65B | $4.75B | $4.83B | $5.19B | $3.96B | $2.50B | $3.21B | $3.52B | $3.08B |
| Capital Expenditure | $-2.20B | $-2.07B | $-1.57B | $-1.18B | $-1.16B | $-1.19B | $-1.33B | $-1.26B | $-1.22B | $-1.24B |
| Free Cash Flow | $3.60B | $3.58B | $3.18B | $3.65B | $4.03B | $2.77B | $1.17B | $1.95B | $2.29B | $1.84B |