Canadian Tire Corporation, Limited
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 16.3B | 15.5B | 16.7B | 17.8B | 16.3B |
| Operating Revenue | 16.3B | 15.5B | 16.7B | 17.8B | 16.3B |
| Cost Of Revenue | 10.7B | 10.3B | 11.0B | 11.7B | 10.5B |
| Gross Profit | 5.6B | 5.2B | 5.7B | 6.1B | 5.8B |
| Selling General And Administration | 3.5B | 3.2B | 3.7B | 3.5B | 3.3B |
| General And Administrative Expense | 3.2B | 2.9B | 3.3B | 3.1B | 2.9B |
| Depreciation And Amortization In Income Statement | 741.7M | 731.6M | 771.2M | 719.0M | 683.8M |
| Operating Expense | 4.2B | 4.0B | 4.4B | 4.2B | 3.9B |
| Operating Income | 1.4B | 1.2B | 1.3B | 1.9B | 1.9B |
| EBIT | 1.2B | 1.6B | 674.3M | 1.7B | 1.8B |
| Interest Expense | 329.7M | 384.6M | 101.5M | 87.6M | 90.3M |
| Interest Expense Non Operating | 329.7M | 384.6M | 101.5M | 87.6M | 90.3M |
| Interest Income | 34.2M | 40.5M | 4.6M | 4.9M | 5.1M |
| Interest Income Non Operating | 34.2M | 40.5M | 4.6M | 4.9M | 5.1M |
| Net Interest Income | -295.5M | -344.1M | -321.5M | -231.0M | -222.5M |
| Other Income Expense | -229.0M | 290.0M | -362.4M | -61.6M | 23.5M |
| Other Non Operating Income Expenses | -229.0M | 290.0M | -34.4M | -61.6M | 23.5M |
| Gain On Sale Of Security | -- | -- | -328.0M | -- | -- |
| Pretax Income | 878.5M | 1.2B | 572.8M | 1.6B | 1.7B |
| Tax Provision | 219.5M | 259.6M | 233.7M | 401.0M | 441.2M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | -131.2M | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 526.3M | 887.7M | 213.3M | 1.0B | 1.1B |
| Net Income From Continuing Operation Net Minority Interest | 575.6M | 831.3M | 213.3M | 1.0B | 1.1B |
| Net Income Including Noncontrolling Interests | 609.7M | 971.9M | 339.1M | 1.2B | 1.3B |
| Minority Interests | -83.4M | -84.2M | -125.8M | -138.7M | -133.1M |
| Net Income Common Stockholders | 526.3M | 887.7M | 213.3M | 1.0B | 1.1B |
| Net Income | 526.3M | 887.7M | 213.3M | 1.0B | 1.1B |
| EBITDA | 2.0B | 2.3B | 1.5B | 2.4B | 2.5B |
| Normalized EBITDA | 2.0B | 2.3B | 1.8B | 2.4B | 2.5B |
| Reconciled Depreciation | 764.0M | 754.4M | 802.2M | 743.5M | 701.5M |
| Basic EPS | 9.70 | 15.96 | 3.79 | 17.70 | 18.56 |
| Diluted EPS | 9.67 | 15.92 | 3.78 | 17.60 | 18.38 |
| Basic Average Shares | 54.3M | 55.6M | 56.2M | 59.0M | 60.7M |
| Diluted Average Shares | 54.5M | 55.8M | 56.5M | 59.3M | 61.3M |
| Total Unusual Items | -- | -- | -328.0M | -- | -- |
| Total Unusual Items Excluding Goodwill | -- | -- | -328.0M | -- | -- |
| Tax Rate For Calcs | 0.25 | 0.22 | 0.40 | 0.25 | 0.26 |
| Normalized Income | 575.6M | 831.3M | 410.1M | 1.0B | 1.1B |
| Amortization | 110.1M | 120.2M | 127.0M | 122.5M | 119.6M |
| Amortization Of Intangibles Income Statement | 110.1M | 120.2M | 127.0M | 122.5M | 119.6M |
| Depreciation Amortization Depletion Income Statement | 741.7M | 731.6M | 771.2M | 719.0M | 683.8M |
| Depreciation Income Statement | 631.6M | 611.4M | 644.2M | 596.5M | 564.2M |
| Diluted NI Availto Com Stockholders | 526.3M | 887.7M | 213.3M | 1.0B | 1.1B |
| Net Income Continuous Operations | 659.0M | 915.5M | 339.1M | 1.2B | 1.3B |
| Net Income Discontinuous Operations | -49.3M | 56.4M | -- | -- | -- |
| Net Non Operating Interest Income Expense | -295.5M | -344.1M | -321.5M | -231.0M | -222.5M |
| Other Gand A | 1.1B | 967.7M | 1.1B | 1.0B | 835.8M |
| Reconciled Cost Of Revenue | 10.7B | 10.3B | 10.9B | 11.7B | 10.4B |
| Rent And Landing Fees | 522.0M | 494.9M | 523.9M | 486.8M | 461.6M |
| Rent Expense Supplemental | 522.0M | 494.9M | 523.9M | 486.8M | 461.6M |
| Salaries And Wages | 1.5B | 1.5B | 1.7B | 1.6B | 1.6B |
| Selling And Marketing Expense | 310.5M | 306.7M | 398.2M | 429.1M | 377.6M |
| Total Expenses | 14.9B | 14.3B | 15.4B | 15.9B | 14.4B |
| Total Other Finance Cost | -- | 250.6M | 224.6M | 148.3M | 137.3M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 524.4M | 447.5M | 287.2M | 313.8M | 1.7B |
| Cash Cash Equivalents And Short Term Investments | 672.9M | 575.9M | 464.4M | 490.1M | 2.3B |
| Cash Equivalents | 0.00 | 23.9M | 29.1M | 84.7M | 691.6M |
| Cash Financial | 524.4M | 423.6M | 258.1M | 229.1M | 1.0B |
| Other Short Term Investments | 148.5M | 128.4M | 177.2M | 176.3M | 606.2M |
| Accounts Receivable | 813.2M | 829.6M | 843.7M | 865.1M | 696.8M |
| Receivables | 7.9B | 7.8B | 7.8B | 7.4B | 6.5B |
| Inventory | 2.4B | 2.6B | 2.7B | 3.2B | 2.5B |
| Prepaid Assets | 220.2M | 212.0M | 246.6M | 195.7M | 216.1M |
| Current Assets | 11.3B | 11.3B | 11.3B | 11.5B | 11.6B |
| Gross PPE | 12.1B | 11.8B | 11.4B | 10.9B | 10.1B |
| Accumulated Depreciation | -4.6B | -4.4B | -4.2B | -4.0B | -3.8B |
| Net PPE | 7.5B | 7.4B | 7.2B | 6.9B | 6.3B |
| Goodwill | 491.1M | 838.7M | 844.8M | 863.2M | 876.8M |
| Goodwill And Other Intangible Assets | 1.4B | 2.2B | 2.3B | 2.3B | 2.4B |
| Other Intangible Assets | 870.0M | 1.3B | 1.4B | 1.5B | 1.5B |
| Investments And Advances | 71.4M | 72.8M | 108.2M | 62.6M | 175.1M |
| Other Non Current Assets | 30.6M | 63.8M | 52.1M | 59.5M | 62.7M |
| Total Non Current Assets | 10.2B | 10.9B | 10.7B | 10.6B | 10.2B |
| Total Assets | 21.5B | 22.2B | 22.0B | 22.1B | 21.8B |
| Current Debt | 1.6B | 1.5B | 2.0B | 2.1B | 1.3B |
| Current Debt And Capital Lease Obligation | 2.0B | 2.0B | 2.4B | 2.5B | 1.6B |
| Accounts Payable | 2.3B | 2.4B | 2.2B | 2.7B | 2.4B |
| Payables | 2.5B | 2.7B | 2.3B | 2.9B | 2.8B |
| Payables And Accrued Expenses | 2.5B | 2.7B | 2.3B | 2.9B | 2.8B |
| Current Deferred Revenue | 375.0M | 351.6M | 342.4M | 316.4M | 291.2M |
| Other Current Liabilities | 1.1B | 1.2B | 1.1B | 1.3B | 1.9B |
| Current Liabilities | 6.2B | 6.3B | 6.4B | 7.1B | 6.8B |
| Long Term Debt | 3.6B | 3.9B | 4.4B | 3.2B | 3.6B |
| Long Term Debt And Capital Lease Obligation | 5.7B | 5.9B | 6.4B | 5.2B | 5.5B |
| Long Term Capital Lease Obligation | 2.1B | 2.1B | 2.0B | 2.0B | 1.9B |
| Other Non Current Liabilities | 2.5B | 2.4B | 2.3B | 2.3B | 2.6B |
| Total Non Current Liabilities Net Minority Interest | 8.5B | 8.8B | 9.1B | 7.9B | 8.5B |
| Total Liabilities Net Minority Interest | 14.7B | 15.2B | 15.5B | 15.1B | 15.3B |
| Common Stock | 615.9M | 625.9M | 598.7M | 587.8M | 593.6M |
| Capital Stock | 615.9M | 625.9M | 598.7M | 587.8M | 593.6M |
| Additional Paid In Capital | -- | -- | 2.9M | 2.9M | 2.9M |
| Retained Earnings | 5.2B | 5.6B | 5.1B | 5.1B | 4.7B |
| Gains Losses Not Affecting Retained Earnings | 9.4M | -85.3M | -181.8M | -42.4M | -169.2M |
| Other Equity Adjustments | 9.4M | -85.3M | -181.8M | 132.9M | -169.2M |
| Common Stock Equity | 5.9B | 6.2B | 5.5B | 5.6B | 5.1B |
| Stockholders Equity | 5.9B | 6.2B | 5.5B | 5.6B | 5.1B |
| Total Equity Gross Minority Interest | 6.8B | 7.1B | 6.4B | 7.0B | 6.5B |
| Minority Interest | 958.3M | 933.3M | 899.7M | 1.4B | 1.4B |
| Total Capitalization | 9.5B | 10.0B | 9.9B | 8.8B | 8.7B |
| Net Tangible Assets | 4.5B | 4.0B | 3.3B | 3.3B | 2.8B |
| Tangible Book Value | 4.5B | 4.0B | 3.3B | 3.3B | 2.8B |
| Working Capital | 5.1B | 5.0B | 4.9B | 4.4B | 4.9B |
| Invested Capital | 11.1B | 11.6B | 12.0B | 10.9B | 9.9B |
| Total Debt | 7.7B | 7.9B | 8.8B | 7.7B | 7.1B |
| Net Debt | 4.7B | 5.0B | 6.2B | 5.0B | 3.1B |
| Share Issued | 52.9M | 55.6M | 55.6M | 57.7M | 60.1M |
| Ordinary Shares Number | 52.9M | 55.6M | 55.6M | 57.7M | 60.1M |
| Assets Held For Sale Current | 5.8M | 3.8M | 18.9M | 2.6M | 6.7M |
| Buildings And Improvements | 4.4B | 4.1B | 4.1B | 3.9B | 3.7B |
| Capital Lease Obligations | 2.4B | 2.5B | 2.4B | 2.4B | 2.3B |
| Commercial Paper | -- | -- | -- | 21.7M | 0.00 |
| Construction In Progress | 253.6M | 371.1M | 422.5M | 647.0M | 424.6M |
| Current Capital Lease Obligation | 355.6M | 418.5M | 378.5M | 381.2M | 359.0M |
| Current Deferred Liabilities | 375.0M | 351.6M | 342.4M | 316.4M | 291.2M |
| Current Notes Payable | 295.1M | 293.8M | 658.7M | 72.9M | 50.1M |
| Current Provisions | 255.6M | 186.2M | 219.9M | 202.8M | 201.4M |
| Derivative Product Liabilities | 6.6M | 6.3M | 16.3M | 4.4M | 10.5M |
| Employee Benefits | 137.5M | 141.5M | 160.1M | 146.7M | 198.8M |
| Financial Assets | 38.2M | 59.2M | 44.8M | 107.9M | 52.6M |
| Finished Goods | 2.4B | 2.6B | 2.7B | 3.2B | 2.5B |
| Foreign Currency Translation Adjustments | -- | -- | -- | -175.3M | -- |
| Hedging Assets Current | 34.9M | 193.4M | 76.7M | 189.9M | 86.8M |
| Income Tax Payable | 54.6M | 88.5M | 13.4M | 47.1M | 157.6M |
| Investment Properties | 503.4M | 436.7M | 443.7M | 421.5M | 460.7M |
| Land And Improvements | 1.2B | 1.1B | 1.1B | 1.1B | 1.1B |
| Leases | 3.8B | 3.7B | 3.4B | 3.3B | 3.1B |
| Line Of Credit | 556.6M | 565.2M | 826.9M | 981.2M | 485.5M |
| Loans Receivable | 6.9B | 6.7B | 6.6B | 6.3B | 5.6B |
| Long Term Provisions | 60.2M | 67.1M | 59.8M | 66.1M | 64.1M |
| Machinery Furniture Equipment | 2.5B | 2.4B | 2.2B | 1.9B | 1.8B |
| Non Current Accounts Receivable | 96.7M | 85.8M | 99.7M | 99.4M | 103.1M |
| Non Current Deferred Assets | 59.6M | 65.9M | 79.5M | 143.4M | 218.7M |
| Non Current Deferred Liabilities | 130.9M | 245.5M | 182.1M | 132.1M | 125.9M |
| Non Current Deferred Taxes Assets | 59.6M | 65.9M | 79.5M | 143.4M | 218.7M |
| Non Current Deferred Taxes Liabilities | 130.9M | 245.5M | 182.1M | 132.1M | 125.9M |
| Non Current Note Receivables | 537.9M | 503.1M | 449.2M | 409.9M | 375.1M |
| Other Current Borrowings | 758.0M | 680.4M | 560.5M | 1.0B | 719.8M |
| Other Payable | 137.4M | 153.3M | 123.4M | 148.4M | 232.2M |
| Other Properties | 52.8M | 67.9M | 61.3M | 64.0M | 59.1M |
| Other Receivables | 205.1M | 240.0M | 230.9M | 254.9M | 186.8M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Restricted Cash | 29.1M | 28.1M | 24.0M | 17.5M | 16.7M |
| Taxes Receivable | 59.8M | 9.3M | 125.9M | 27.4M | 1.7M |
| Total Tax Payable | 54.6M | 88.5M | 13.4M | 47.1M | 157.6M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 952.1M | 2.1B | 1.4B | 466.5M | 1.7B |
| Cash Flow From Continuing Operating Activities | 985.0M | 2.0B | 1.4B | 466.5M | 1.7B |
| Depreciation And Amortization | 764.0M | 754.4M | 802.2M | 743.5M | 701.5M |
| Depreciation Amortization Depletion | 764.0M | 754.4M | 802.2M | 743.5M | 701.5M |
| Deferred Tax | 219.5M | 259.5M | 233.7M | 401.0M | 441.2M |
| Deferred Income Tax | 219.5M | 259.5M | 233.7M | 401.0M | 441.2M |
| Change In Working Capital | -350.7M | 392.1M | -189.8M | -1.3B | -323.7M |
| Change In Receivables | -202.5M | -139.0M | -289.3M | -657.1M | -565.3M |
| Change In Other Working Capital | -148.2M | 531.1M | 99.5M | -673.9M | 241.6M |
| Other Non Cash Items | 295.5M | 344.1M | 374.7M | 231.0M | 222.5M |
| Capital Expenditure | -663.7M | -628.3M | -668.6M | -735.1M | -778.8M |
| Purchase Of PPE | -582.0M | -567.8M | -580.9M | -612.5M | -630.6M |
| Net PPE Purchase And Sale | -575.6M | -246.7M | -580.8M | -607.3M | -568.9M |
| Sale Of Business | 1.3B | 0.00 | -- | -- | -- |
| Purchase Of Investment | -397.4M | -188.4M | -321.8M | -184.3M | -1.3B |
| Sale Of Investment | 382.0M | 271.2M | 269.9M | 713.1M | 1.3B |
| Net Investment Purchase And Sale | -15.4M | 82.8M | -51.9M | 528.8M | -43.2M |
| Investing Cash Flow | 638.8M | -264.1M | -747.8M | -230.4M | -658.0M |
| Cash Flow From Continuing Investing Activities | 644.3M | -251.6M | -747.8M | -230.4M | -658.0M |
| Issuance Of Debt | 700.0M | 593.2M | 1.8B | 1.4B | 451.9M |
| Repayment Of Debt | -1.3B | -1.3B | -1.5B | -1.3B | -944.3M |
| Net Issuance Payments Of Debt | -571.0M | -1.4B | 721.5M | 136.3M | -492.4M |
| Repurchase Of Capital Stock | -467.2M | -29.8M | -376.1M | -425.4M | -131.1M |
| Net Common Stock Issuance | -467.2M | -29.8M | -376.1M | -425.4M | -131.1M |
| Common Stock Dividend Paid | -361.7M | -359.8M | -360.8M | -325.8M | -271.1M |
| Common Stock Payments | -467.2M | -29.8M | -376.1M | -425.4M | -131.1M |
| Financing Cash Flow | -1.5B | -1.6B | -621.0M | -1.7B | -653.4M |
| Cash Flow From Continuing Financing Activities | -1.5B | -1.6B | -621.0M | -1.7B | -653.4M |
| Changes In Cash | 77.9M | 164.4M | -15.1M | -1.4B | 424.5M |
| Beginning Cash Position | 475.6M | 311.2M | 326.3M | 1.8B | 1.3B |
| End Cash Position | 553.5M | 475.6M | 311.2M | 326.3M | 1.8B |
| Free Cash Flow | 288.4M | 1.4B | 685.1M | -268.6M | 957.1M |
| Amortization Cash Flow | 110.1M | 120.2M | 127.0M | 122.5M | 119.6M |
| Amortization Of Intangibles | 110.1M | 120.2M | 127.0M | 122.5M | 119.6M |
| Asset Impairment Charge | 27.9M | 8.6M | 6.3M | 3.1M | 5.3M |
| Cash Dividends Paid | -361.7M | -359.8M | -360.8M | -325.8M | -271.1M |
| Cash From Discontinued Financing Activities | -9.7M | -21.8M | -- | -- | -- |
| Cash From Discontinued Investing Activities | -5.5M | -12.5M | -- | -- | -- |
| Cash From Discontinued Operating Activities | -32.9M | 69.7M | -- | -- | -- |
| Depreciation | 653.9M | 634.2M | 675.2M | 621.0M | 581.9M |
| Gain Loss On Sale Of Business | -- | -- | 0.00 | 20.8M | 0.00 |
| Gain Loss On Sale Of PPE | -7.0M | -279.6M | -2.7M | -22.1M | -18.6M |
| Interest Paid Cfo | -367.9M | -394.0M | -366.1M | -254.6M | -233.0M |
| Interest Received Cfo | 28.6M | 40.4M | 38.8M | 21.3M | 13.9M |
| Long Term Debt Issuance | 700.0M | 593.2M | 1.8B | 700.0M | 159.6M |
| Long Term Debt Payments | -1.3B | -1.3B | -1.5B | -1.1B | -515.7M |
| Net Business Purchase And Sale | 1.3B | 0.00 | -- | -- | -- |
| Net Income From Continuing Operations | 659.0M | 915.5M | 339.1M | 1.2B | 1.3B |
| Net Intangibles Purchase And Sale | -81.7M | -60.5M | -87.7M | -122.6M | -148.2M |
| Net Long Term Debt Issuance | -570.3M | -694.7M | 331.9M | -377.3M | -356.1M |
| Net Other Financing Charges | -103.4M | 140.7M | -605.6M | -1.0B | 241.2M |
| Net Other Investing Changes | 27.0M | -27.2M | -27.4M | -29.3M | 102.3M |
| Net Short Term Debt Issuance | -700,000 | -669.9M | 389.6M | 513.6M | -136.3M |
| Operating Gains Losses | -7.0M | -279.6M | -2.7M | -1.3M | -18.6M |
| Purchase Of Intangibles | -81.7M | -60.5M | -87.7M | -122.6M | -148.2M |
| Sale Of PPE | 6.4M | 321.1M | 100,000 | 5.2M | 61.7M |
| Short Term Debt Issuance | -- | -- | 660.1M | 735.8M | 292.3M |
| Short Term Debt Payments | -- | -- | -223.3M | -222.2M | -428.6M |
| Taxes Refund Paid | -283.9M | -46.9M | -210.5M | -529.3M | -333.9M |
| Unrealized Gain Loss On Investment Securities | -- | 0.00 | 328.0M | 0.00 | -- |