Canadian Historical Income Statement

CTC-A Stock

CAD 184.03 1.55 0.84%

Historical analysis of Canadian Tire income statement accounts such as Interest Expense of 118.3 M, Total Revenue of 10.8 B or Gross Profit of 5.9 B can show how well Canadian Tire performed in making a profits. Evaluating Canadian Tire income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Canadian Tire's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Canadian Tire latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canadian Tire is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Tire. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Canadian Income Statement Analysis

Canadian Tire Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Canadian Tire shareholders. The income statement also shows Canadian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Canadian Tire Income Statement Chart

At this time, Canadian Tire's Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 118.3 M in 2025, whereas Operating Income is likely to drop slightly above 878.6 M in 2025.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Canadian Tire generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Canadian Tire minus its cost of goods sold. It is profit before Canadian Tire operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Canadian Tire. It is also known as Canadian Tire overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Canadian Tire operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Canadian Tire is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Canadian Tire's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Canadian Tire current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Tire. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

	2022	2023	2024	2025 (projected)
Interest Expense	87.6M	361.3M	103.8M	118.3M
Depreciation And Amortization	743.5M	802.2M	922.5M	968.7M

Interest Expense Depreciation And Amortization

Canadian Tire income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Research Development	Minority Interest	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.23	0.75	0.89	0.76	0.68	0.43	0.62	0.77	0.78	0.56	0.17	0.48	0.6	0.79	0.59	0.53	-0.69	-0.29	0.45	-0.94	-0.09	0.89
Interest Expense	0.23		0.27	0.18	0.26	0.05	-0.29	-0.11	0.32	0.0	-0.32	-0.68	-0.46	-0.13	0.29	0.21	-0.58	-0.05	-0.27	-0.39	-0.28	-0.23	0.31
Total Revenue	0.75	0.27		0.88	0.98	0.94	0.7	0.88	0.98	0.31	0.8	-0.21	0.71	0.86	0.91	0.78	0.52	-0.73	-0.08	0.42	-0.57	-0.08	0.67
Gross Profit	0.89	0.18	0.88		0.84	0.83	0.66	0.79	0.82	0.59	0.74	0.07	0.65	0.8	0.94	0.74	0.61	-0.81	-0.11	0.52	-0.71	-0.08	0.7
Other Operating Expenses	0.76	0.26	0.98	0.84		0.88	0.58	0.8	0.95	0.41	0.75	-0.11	0.68	0.78	0.91	0.79	0.49	-0.72	-0.13	0.33	-0.6	-0.13	0.68
Operating Income	0.68	0.05	0.94	0.83	0.88		0.87	0.97	0.91	0.22	0.92	-0.16	0.84	0.97	0.79	0.68	0.72	-0.69	-0.09	0.67	-0.5	-0.07	0.61
Ebit	0.43	-0.29	0.7	0.66	0.58	0.87		0.95	0.65	-0.02	0.92	-0.07	0.88	0.94	0.54	0.45	0.81	-0.55	0.16	0.79	-0.22	0.17	0.33
Ebitda	0.62	-0.11	0.88	0.79	0.8	0.97	0.95		0.83	0.15	0.95	-0.11	0.89	0.98	0.73	0.57	0.78	-0.67	0.07	0.71	-0.44	0.11	0.56
Cost Of Revenue	0.77	0.32	0.98	0.82	0.95	0.91	0.65	0.83		0.33	0.74	-0.21	0.65	0.79	0.83	0.79	0.47	-0.66	-0.16	0.41	-0.61	-0.11	0.71
Total Operating Expenses	0.78	0.0	0.31	0.59	0.41	0.22	-0.02	0.15	0.33		0.23	0.64	0.24	0.17	0.51	0.43	0.37	-0.44	-0.38	0.2	-0.76	-0.21	0.6
Income Before Tax	0.56	-0.32	0.8	0.74	0.75	0.92	0.92	0.95	0.74	0.23		0.12	0.98	0.96	0.68	0.6	0.89	-0.66	0.03	0.75	-0.36	0.02	0.44
Total Other Income Expense Net	0.17	-0.68	-0.21	0.07	-0.11	-0.16	-0.07	-0.11	-0.21	0.64	0.12		0.26	-0.07	-0.04	0.06	0.42	-0.04	-0.09	0.19	-0.13	-0.09	-0.02
Net Income	0.48	-0.46	0.71	0.65	0.68	0.84	0.88	0.89	0.65	0.24	0.98	0.26		0.9	0.59	0.57	0.91	-0.57	0.05	0.73	-0.26	0.03	0.34
Income Tax Expense	0.6	-0.13	0.86	0.8	0.78	0.97	0.94	0.98	0.79	0.17	0.96	-0.07	0.9		0.74	0.61	0.81	-0.72	0.01	0.75	-0.39	-0.05	0.5
Selling General Administrative	0.79	0.29	0.91	0.94	0.91	0.79	0.54	0.73	0.83	0.51	0.68	-0.04	0.59	0.74		0.76	0.46	-0.8	-0.07	0.31	-0.61	-0.12	0.63
Selling And Marketing Expenses	0.59	0.21	0.78	0.74	0.79	0.68	0.45	0.57	0.79	0.43	0.6	0.06	0.57	0.61	0.76		0.34	-0.62	-0.09	0.21	-0.33	-0.25	0.3
Net Income From Continuing Ops	0.53	-0.58	0.52	0.61	0.49	0.72	0.81	0.78	0.47	0.37	0.89	0.42	0.91	0.81	0.46	0.34		-0.53	-0.09	0.88	-0.38	0.0	0.43
Research Development	-0.69	-0.05	-0.73	-0.81	-0.72	-0.69	-0.55	-0.67	-0.66	-0.44	-0.66	-0.04	-0.57	-0.72	-0.8	-0.62	-0.53		-0.2	-0.31	0.53	-0.03	-0.49
Minority Interest	-0.29	-0.27	-0.08	-0.11	-0.13	-0.09	0.16	0.07	-0.16	-0.38	0.03	-0.09	0.05	0.01	-0.07	-0.09	-0.09	-0.2		-0.31	0.32	0.76	-0.44
Tax Provision	0.45	-0.39	0.42	0.52	0.33	0.67	0.79	0.71	0.41	0.2	0.75	0.19	0.73	0.75	0.31	0.21	0.88	-0.31	-0.31		-0.33	-0.18	0.44
Net Interest Income	-0.94	-0.28	-0.57	-0.71	-0.6	-0.5	-0.22	-0.44	-0.61	-0.76	-0.36	-0.13	-0.26	-0.39	-0.61	-0.33	-0.38	0.53	0.32	-0.33		0.0	-0.93
Interest Income	-0.09	-0.23	-0.08	-0.08	-0.13	-0.07	0.17	0.11	-0.11	-0.21	0.02	-0.09	0.03	-0.05	-0.12	-0.25	0.0	-0.03	0.76	-0.18	0.0		-0.12
Reconciled Depreciation	0.89	0.31	0.67	0.7	0.68	0.61	0.33	0.56	0.71	0.6	0.44	-0.02	0.34	0.5	0.63	0.3	0.43	-0.49	-0.44	0.44	-0.93	-0.12

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Canadian Tire Account Relationship Matchups

Canadian Tire income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	695.3M	701.5M	743.5M	802.2M	922.5M	968.7M
Interest Expense	98.2M	90.3M	87.6M	361.3M	103.8M	118.3M
Total Revenue	14.9B	16.3B	17.8B	16.7B	16.4B	10.8B
Gross Profit	5.1B	5.8B	6.1B	5.4B	5.6B	5.9B
Other Operating Expenses	13.4B	14.4B	15.9B	15.4B	17.7B	9.6B
Operating Income	1.3B	1.8B	1.7B	1.3B	1.3B	878.6M
Ebit	1.4B	1.9B	1.8B	674.3M	775.4M	856.5M
Ebitda	2.1B	2.6B	2.6B	1.5B	1.7B	1.2B
Cost Of Revenue	9.8B	10.5B	11.7B	11.3B	10.7B	8.1B
Total Operating Expenses	3.6B	3.9B	4.2B	4.1B	15.1B	15.8B
Income Before Tax	1.2B	1.7B	1.6B	572.8M	1.2B	743.4M
Total Other Income Expense Net	(98.2M)	(199M)	(87.6M)	(683.9M)	291.8M	306.4M
Net Income	751.8M	1.1B	1.0B	213.3M	887.7M	494.7M
Income Tax Expense	309.5M	441.2M	401M	233.7M	268.8M	207.3M
Selling General Administrative	2.6B	2.9B	3.1B	3.3B	3.6B	2.3B
Selling And Marketing Expenses	301.9M	377.6M	429.1M	398.2M	457.9M	373.8M
Net Income From Continuing Ops	862.6M	1.3B	1.2B	339.1M	971.9M	898.4M
Net Income Applicable To Common Shares	778.4M	751.8M	1.1B	1.0B	1.2B	838.5M
Minority Interest	1.3B	(133.1M)	(138.7M)	(125.8M)	(84.2M)	(80.0M)
Tax Provision	309.5M	441.2M	401M	233.7M	274.1M	341M
Net Interest Income	(256.5M)	(222.5M)	(231M)	(321.5M)	(349M)	(366.5M)
Interest Income	15.6M	5.1M	4.9M	4.6M	5.4M	8.2M
Reconciled Depreciation	695.3M	701.5M	743.5M	802.2M	785.1M	726.2M

Pair Trading with Canadian Tire

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Tire position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Tire will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

0.73	RY-PS	Royal Bank	Pair Corr
0.92	RY	Royal Bank	Pair Corr
0.88	RY-PM	Royal Bank	Pair Corr
0.93	TD-PFI	Toronto Dominion Bank	Pair Corr
0.97	TD	Toronto Dominion Bank	Pair Corr

The ability to find closely correlated positions to Canadian Tire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Tire when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Tire - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Tire to buy it.

The correlation of Canadian Tire is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Tire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Tire moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Canadian Tire can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Canadian Stock Analysis

When running Canadian Tire's price analysis, check to measure Canadian Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.

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Canadian Historical Income Statement

About Canadian Income Statement Analysis

Canadian Tire Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Canadian Tire income statement Correlations

Canadian Tire Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Tire income statement Accounts

Pair Trading with Canadian Tire

Moving together with Canadian Stock

Additional Tools for Canadian Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Total Revenue
Income Tax Expense	+ 0.98	Ebitda
Net Income	+ 0.98	Income Before Tax
Ebitda	+ 0.97	Operating Income
Income Tax Expense	+ 0.97	Operating Income

Net Interest Income	- 0.94	Depreciation And Amortization
Reconciled Depreciation	- 0.93	Net Interest Income
Research Development	- 0.81	Gross Profit
Research Development	- 0.8	Selling General Administrative
Net Interest Income	- 0.76	Total Operating Expenses
Research Development	- 0.73	Total Revenue