Loblaw Companies Limited

Financial Statements (IFRS) · Amounts in CAD

5 10 All

Annual Quarterly

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	63.9B	60.1B	59.5B	56.5B	53.2B
Operating Revenue	63.9B	60.1B	59.5B	56.5B	53.2B
Cost Of Revenue	43.9B	41.3B	40.5B	38.5B	36.4B
Gross Profit	20.0B	18.8B	19.0B	18.0B	16.7B
Selling General And Administration	15.6B	15.4B	15.3B	14.6B	13.8B
Operating Expense	15.6B	15.4B	15.3B	14.6B	13.8B
Operating Income	4.4B	3.5B	3.7B	3.3B	2.9B
EBIT	4.4B	3.5B	3.7B	3.4B	3.1B
Interest Expense	764.0M	711.0M	837.0M	716.0M	691.0M
Interest Expense Non Operating	764.0M	711.0M	837.0M	716.0M	691.0M
Interest Income	22.0M	28.0M	34.0M	33.0M	196.0M
Interest Income Non Operating	22.0M	28.0M	34.0M	33.0M	196.0M
Net Interest Income	-742.0M	-683.0M	-803.0M	-683.0M	-495.0M
Pretax Income	3.7B	2.8B	2.9B	2.7B	2.4B
Tax Provision	1.1B	731.0M	714.0M	665.0M	466.0M
Tax Effect Of Unusual Items	0.00	0.00	0.00	0.00	0.00
Net Income From Continuing And Discontinued Operation	2.7B	2.2B	2.1B	1.9B	1.9B
Net Income From Continuing Operation Net Minority Interest	2.5B	2.0B	2.1B	1.9B	1.9B
Net Income Including Noncontrolling Interests	2.7B	2.3B	2.2B	2.0B	2.0B
Minority Interests	-71.0M	-104.0M	-87.0M	-73.0M	-101.0M
Net Income Common Stockholders	2.7B	2.2B	2.1B	1.9B	1.9B
Net Income	2.7B	2.2B	2.1B	1.9B	1.9B
EBITDA	7.2B	6.5B	6.6B	6.2B	5.8B
Normalized EBITDA	7.2B	6.5B	6.6B	6.2B	5.8B
Reconciled Depreciation	2.7B	3.0B	2.9B	2.8B	2.7B
Basic EPS	2.24	1.77	1.65	1.46	1.37
Diluted EPS	2.22	1.75	1.63	1.44	1.36
Basic Average Shares	1.2B	1.2B	1.3B	1.3B	1.4B
Diluted Average Shares	1.2B	1.2B	1.3B	1.3B	1.4B
Tax Rate For Calcs	0.29	0.26	0.25	0.25	0.19
Normalized Income	2.5B	2.0B	2.1B	1.9B	1.9B
Diluted NI Availto Com Stockholders	2.7B	2.2B	2.1B	1.9B	1.9B
Net Income Continuous Operations	2.6B	2.1B	2.2B	2.0B	2.0B
Net Income Discontinuous Operations	136.0M	215.0M	--	--	--
Net Non Operating Interest Income Expense	-742.0M	-683.0M	-803.0M	-683.0M	-495.0M
Otherunder Preferred Stock Dividend	0.00	4.0M	0.00	--	--
Preferred Stock Dividends	--	12.0M	12.0M	12.0M	12.0M
Reconciled Cost Of Revenue	43.9B	41.3B	40.5B	38.5B	36.4B
Total Expenses	59.5B	56.6B	55.8B	53.2B	50.2B
Total Operating Income As Reported	4.4B	3.5B	3.7B	3.3B	2.9B
Total Other Finance Cost	--	--	12.0M	5.0M	3.0M

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	1.0B	1.5B	1.5B	1.6B	2.0B
Cash Cash Equivalents And Short Term Investments	1.0B	2.1B	2.0B	1.9B	2.4B
Cash Equivalents	4.0M	222.0M	541.0M	831.0M	1.1B
Cash Financial	998.0M	1.2B	947.0M	777.0M	849.0M
Other Short Term Investments	39.0M	648.0M	464.0M	326.0M	464.0M
Accounts Receivable	1.3B	5.7B	5.4B	5.2B	4.4B
Receivables	1.3B	5.7B	5.4B	5.2B	4.7B
Inventory	6.5B	6.3B	5.8B	5.9B	5.2B
Prepaid Assets	--	--	--	353.0M	249.0M
Other Current Assets	446.0M	376.0M	324.0M	353.0M	249.0M
Current Assets	14.9B	14.5B	13.6B	13.4B	12.6B
Gross PPE	36.9B	34.1B	31.0B	28.4B	26.1B
Accumulated Depreciation	-20.7B	-18.7B	-17.0B	-15.3B	-13.5B
Net PPE	16.2B	15.3B	14.0B	13.2B	12.6B
Goodwill	4.4B	4.4B	4.3B	4.3B	3.9B
Goodwill And Other Intangible Assets	9.6B	9.8B	10.3B	10.8B	10.4B
Other Intangible Assets	5.2B	5.4B	6.0B	6.5B	6.4B
Investments And Advances	202.0M	304.0M	396.0M	399.0M	222.0M
Long Term Equity Investment	81.0M	85.0M	80.0M	87.0M	102.0M
Other Investments	121.0M	99.0M	115.0M	66.0M	54.0M
Other Non Current Assets	190.0M	149.0M	111.0M	94.0M	35.0M
Total Non Current Assets	26.6B	26.3B	25.4B	24.8B	24.0B
Total Assets	41.6B	40.9B	39.0B	38.1B	36.6B
Current Debt	--	1.4B	2.1B	1.4B	1.5B
Current Debt And Capital Lease Obligation	1.6B	3.1B	3.5B	2.8B	2.8B
Accounts Payable	7.1B	7.5B	6.3B	6.2B	5.4B
Payables	7.6B	7.9B	6.9B	6.8B	6.0B
Payables And Accrued Expenses	7.6B	7.9B	6.9B	6.8B	6.0B
Current Deferred Revenue	124.0M	565.0M	289.0M	305.0M	265.0M
Other Current Liabilities	4.5B	--	--	180.0M	190.0M
Current Liabilities	13.9B	11.8B	10.8B	10.1B	9.2B
Long Term Debt	5.9B	7.6B	6.7B	7.1B	6.2B
Long Term Debt And Capital Lease Obligation	14.7B	16.1B	14.7B	14.8B	13.8B
Long Term Capital Lease Obligation	8.8B	8.5B	8.0B	7.7B	7.5B
Other Non Current Liabilities	294.0M	282.0M	221.0M	89.0M	61.0M
Total Non Current Liabilities Net Minority Interest	16.5B	17.8B	16.5B	16.6B	15.7B
Total Liabilities Net Minority Interest	30.4B	29.6B	27.4B	26.7B	24.9B
Common Stock	6.1B	6.2B	6.3B	6.5B	6.6B
Capital Stock	6.1B	6.2B	6.5B	6.7B	6.9B
Additional Paid In Capital	126.0M	115.0M	136.0M	122.0M	116.0M
Retained Earnings	4.8B	4.7B	4.8B	4.5B	4.6B
Gains Losses Not Affecting Retained Earnings	23.0M	32.0M	35.0M	30.0M	14.0M
Other Equity Adjustments	23.0M	32.0M	35.0M	30.0M	14.0M
Common Stock Equity	11.0B	11.1B	11.2B	11.1B	11.4B
Stockholders Equity	11.0B	11.1B	11.5B	11.3B	11.6B
Total Equity Gross Minority Interest	11.2B	11.3B	11.6B	11.5B	11.7B
Minority Interest	164.0M	175.0M	155.0M	157.0M	164.0M
Total Capitalization	16.9B	18.7B	18.1B	18.4B	17.8B
Net Tangible Assets	1.4B	1.3B	1.1B	471.0M	1.2B
Tangible Book Value	1.4B	1.3B	900.0M	250.0M	1.0B
Working Capital	1.1B	2.8B	2.7B	3.3B	3.4B
Invested Capital	16.9B	20.1B	20.0B	19.6B	19.1B
Total Debt	16.3B	19.2B	18.2B	17.6B	16.6B
Net Debt	4.9B	7.5B	7.2B	6.9B	5.7B
Share Issued	1.2B	1.2B	1.2B	1.3B	1.3B
Ordinary Shares Number	1.2B	1.2B	1.2B	1.3B	1.3B
Allowance For Doubtful Accounts Receivable	-36.0M	-302.0M	-292.0M	-237.0M	-228.0M
Assets Held For Sale Current	5.7B	47.0M	52.0M	81.0M	91.0M
Buildings And Improvements	2.0B	1.5B	1.7B	1.9B	1.8B
Capital Lease Obligations	10.4B	10.2B	9.5B	9.1B	8.8B
Construction In Progress	874.0M	1.4B	986.0M	549.0M	365.0M
Current Capital Lease Obligation	1.6B	1.6B	1.5B	1.4B	1.3B
Current Deferred Liabilities	124.0M	565.0M	289.0M	305.0M	265.0M
Current Provisions	85.0M	252.0M	115.0M	110.0M	111.0M
Defined Pension Benefit	254.0M	356.0M	297.0M	52.0M	463.0M
Dueto Related Parties Current	396.0M	255.0M	370.0M	434.0M	433.0M
Employee Benefits	359.0M	367.0M	373.0M	346.0M	407.0M
Gross Accounts Receivable	1.3B	6.0B	5.7B	5.4B	4.6B
Income Tax Payable	102.0M	86.0M	240.0M	195.0M	153.0M
Inventories Adjustments Allowances	-29.0M	-32.0M	-46.0M	-43.0M	-67.0M
Investment Properties	57.0M	56.0M	53.0M	60.0M	111.0M
Investmentin Financial Assets	0.00	120.0M	201.0M	246.0M	66.0M
Investments In Other Ventures Under Equity Method	81.0M	85.0M	80.0M	87.0M	73.0M
Investmentsin Associatesat Cost	--	--	--	47.0M	29.0M
Land And Improvements	151.0M	172.0M	189.0M	212.0M	219.0M
Leases	20.8B	19.1B	17.2B	15.7B	14.2B
Line Of Credit	--	0.00	13.0M	8.0M	52.0M
Long Term Provisions	134.0M	135.0M	123.0M	109.0M	114.0M
Machinery Furniture Equipment	12.8B	11.7B	10.7B	10.0B	9.3B
Non Current Accounts Receivable	59.0M	194.0M	68.0M	77.0M	78.0M
Non Current Deferred Assets	66.0M	118.0M	125.0M	86.0M	91.0M
Non Current Deferred Liabilities	1.0B	957.0M	1.1B	1.3B	1.3B
Non Current Deferred Taxes Assets	66.0M	118.0M	125.0M	86.0M	91.0M
Non Current Deferred Taxes Liabilities	1.0B	957.0M	1.1B	1.3B	1.3B
Non Current Pension And Other Postretirement Benefit Plans	217.0M	231.0M	242.0M	237.0M	289.0M
Other Current Borrowings	--	1.4B	2.0B	1.4B	1.5B
Other Inventories	6.5B	6.4B	5.9B	5.9B	5.2B
Other Properties	245.0M	195.0M	181.0M	127.0M	98.0M
Preferred Shares Number	--	9.0M	9.0M	9.0M	9.0M
Preferred Stock	--	0.00	221.0M	221.0M	221.0M
Preferred Stock Equity	--	--	221.0M	221.0M	221.0M
Properties	0.00	0.00	0.00	0.00	0.00
Taxes Receivable	--	--	--	0.00	301.0M
Total Tax Payable	102.0M	86.0M	240.0M	195.0M	153.0M
Treasury Shares Number	3.2M	3.9M	5.1M	--	--

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	6.3B	5.8B	5.7B	4.8B	4.8B
Cash Flow From Continuing Operating Activities	6.3B	5.8B	5.7B	4.8B	4.8B
Depreciation And Amortization	2.7B	3.0B	2.9B	2.8B	2.7B
Depreciation Amortization Depletion	2.7B	3.0B	2.9B	2.8B	2.7B
Deferred Tax	1.1B	806.0M	714.0M	665.0M	466.0M
Deferred Income Tax	1.1B	806.0M	714.0M	665.0M	466.0M
Change In Working Capital	-289.0M	135.0M	-168.0M	-1.0B	-232.0M
Changes In Account Receivables	128.0M	-275.0M	-391.0M	-726.0M	-302.0M
Change In Receivables	128.0M	-275.0M	-391.0M	-726.0M	-302.0M
Change In Inventory	-161.0M	-510.0M	35.0M	-689.0M	--
Change In Payables And Accrued Expense	-56.0M	839.0M	116.0M	507.0M	--
Change In Payable	-56.0M	839.0M	116.0M	507.0M	--
Change In Other Working Capital	-74.0M	133.0M	53.0M	-5.0M	70.0M
Other Non Cash Items	885.0M	680.0M	882.0M	681.0M	536.0M
Capital Expenditure	-2.1B	-2.2B	-2.1B	-1.6B	-1.2B
Purchase Of PPE	-1.7B	-1.8B	-1.7B	-1.2B	-803.0M
Net PPE Purchase And Sale	-1.7B	-1.8B	-1.7B	-1.2B	-803.0M
Purchase Of Business	--	--	0.00	-813.0M	0.00
Sale Of Business	--	--	--	--	0.00
Purchase Of Investment	-55.0M	-184.0M	-138.0M	-180.0M	-164.0M
Sale Of Investment	100.0M	81.0M	45.0M	138.0M	--
Net Investment Purchase And Sale	45.0M	-103.0M	-93.0M	-42.0M	-164.0M
Investing Cash Flow	-1.9B	-2.0B	-1.8B	-2.4B	-1.3B
Cash Flow From Continuing Investing Activities	-1.9B	-2.0B	-1.8B	-2.4B	-1.3B
Issuance Of Debt	1.1B	1.6B	988.0M	2.1B	772.0M
Repayment Of Debt	-2.0B	-2.4B	-1.8B	-2.3B	-1.8B
Net Issuance Payments Of Debt	-986.0M	-794.0M	-845.0M	-213.0M	-1.0B
Issuance Of Capital Stock	59.0M	147.0M	61.0M	88.0M	102.0M
Repurchase Of Capital Stock	-2.2B	-1.8B	-1.8B	-1.4B	-1.2B
Net Common Stock Issuance	-1.9B	-1.7B	-1.7B	-1.3B	-1.1B
Common Stock Dividend Paid	--	--	-550.0M	-517.0M	-472.0M
Common Stock Payments	-1.9B	-1.8B	-1.8B	-1.4B	-1.2B
Financing Cash Flow	-4.4B	-3.8B	-3.9B	-2.8B	-3.2B
Cash Flow From Continuing Financing Activities	-4.4B	-3.8B	-3.9B	-2.8B	-3.2B
Effect Of Exchange Rate Changes	-5.0M	9.0M	3.0M	-4.0M	1.0M
Changes In Cash	-65.0M	-35.0M	-123.0M	-364.0M	307.0M
Beginning Cash Position	1.5B	1.5B	1.6B	2.0B	1.7B
End Cash Position	1.4B	1.5B	1.5B	1.6B	2.0B
Free Cash Flow	4.2B	3.6B	3.6B	3.2B	3.6B
Amortization Cash Flow	595.0M	943.0M	--	887.0M	835.0M
Amortization Of Intangibles	595.0M	943.0M	--	887.0M	835.0M
Asset Impairment Charge	46.0M	32.0M	17.0M	34.0M	54.0M
Cash Dividends Paid	-812.0M	-459.0M	-562.0M	-529.0M	-484.0M
Change In Account Payable	-56.0M	839.0M	116.0M	507.0M	--
Change In Prepaid Assets	-126.0M	-52.0M	19.0M	-94.0M	--
Common Stock Issuance	59.0M	147.0M	61.0M	88.0M	102.0M
Depreciation	2.1B	2.0B	--	1.9B	1.8B
Gain Loss On Investment Securities	4.0M	27.0M	9.0M	-6.0M	-2.0M
Interest Paid Cff	-908.0M	-858.0M	-791.0M	-677.0M	-679.0M
Interest Received Cfo	20.0M	25.0M	24.0M	38.0M	8.0M
Long Term Debt Issuance	1.1B	1.6B	833.0M	1.8B	772.0M
Long Term Debt Payments	-1.9B	-2.3B	-1.8B	-2.2B	-1.6B
Net Business Purchase And Sale	--	--	0.00	-813.0M	0.00
Net Income From Continuing Operations	2.7B	2.3B	2.2B	2.0B	2.0B
Net Intangibles Purchase And Sale	-350.0M	-377.0M	-407.0M	-419.0M	-379.0M
Net Long Term Debt Issuance	-836.0M	-731.0M	-1.0B	-419.0M	-851.0M
Net Other Financing Charges	375.0M	-26.0M	6.0M	-24.0M	72.0M
Net Other Investing Changes	129.0M	282.0M	320.0M	58.0M	75.0M
Net Preferred Stock Issuance	-225.0M	0.00	--	--	--
Net Short Term Debt Issuance	-150.0M	-63.0M	155.0M	206.0M	-159.0M
Operating Gains Losses	4.0M	27.0M	9.0M	-6.0M	-2.0M
Pension And Employee Benefit Expense	--	--	14.0M	-4.0M	--
Preferred Stock Dividend Paid	--	--	-12.0M	-12.0M	-12.0M
Preferred Stock Payments	-225.0M	0.00	--	--	--
Provisionand Write Offof Assets	--	--	--	--	-20.0M
Purchase Of Intangibles	-350.0M	-377.0M	-407.0M	-419.0M	-379.0M
Sale Of PPE	--	--	--	--	14.0M
Short Term Debt Issuance	--	--	155.0M	250.0M	--
Short Term Debt Payments	-150.0M	-63.0M	--	-44.0M	-159.0M
Taxes Refund Paid	-1.0B	-1.1B	-917.0M	-439.0M	-643.0M
Unrealized Gain Loss On Investment Securities	--	--	-3.0M	-4.0M	--