Canadian Tire
Financial Performance
Canadian Tire Revenue & Financials
Revenue
~$11.8B (FY2024)
Market Cap
$8.5B
Net Income
~$699.8M
Employees
50,000
What is Canadian Tire's revenue?
Canadian Tire had ~$11.8B in revenue for fiscal year 2024, down 1.8% from 2023. Net income was ~$699.8M.
- Latest revenue
- ~$11.8B (FY2024)
- Year-over-year
- -1.8%
- Growth rate (CAGR)
- 3.2% over 9 years
- Peak revenue
- ~$12.8B (FY2022)
- Years of data
- 10
- Employees
- 50,000
- How much profit does Canadian Tire make?
- Canadian Tire reported net income of ~$699.8M for fiscal year 2024.
- How many employees does Canadian Tire have?
- Canadian Tire has about 50,000 employees.
Financial Analysis
Canadian Tire Corporation demonstrates solid long-term financial stability, robust return on invested capital, and disciplined balance sheet management. In fiscal year 2023/2024, Canadian Tire generated consolidated revenue of CAD $16.70 billion. Normalized EBITDA reached CAD $1.75 billion with diluted earnings per share of CAD $10.37. The company's financial services division generated CAD $375 million in income before taxes, with credit card receivables exceeding CAD $6.5 billion backed by prudent risk-scoring algorithms. Canadian Tire maintains an investment-grade BBB credit rating, distributing over CAD $380 million in annual dividends as a committed Dividend Aristocrat with 14 consecutive years of dividend increases.
Revenue Trend Analysis
YoY Change
-1.8%
9-Year CAGR
+3.2%
Peak Year
2022
Trend
Consistent Growth
Canadian Tire has 10 full fiscal year figures on this page, compounding at +3.2% annually over 9 years. The most recent year saw a 1.8% decline versus the prior year. Annual revenue peaked in fiscal year 2022 at ~$12.8B. Of 9 comparable year-over-year steps, 7 showed growth and 2 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | ~$11.8B | ~$699.8M | -1.8% |
| FY2023 | ~$12B | ~$244.2M | -6.5% |
| FY2022 | ~$12.8B | ~$851.6M | +9.3% |
| FY2021 | ~$11.7B | ~$907.7M | +9.6% |
| FY2020 | ~$10.7B | ~$621.1M | +2.3% |
| FY2019 | ~$10.5B | ~$644.3M | +3.4% |
| FY2018 | ~$10.1B | ~$563.8M | +4.6% |
| FY2017 | ~$9.7B | ~$589.5M | +5.9% |
| FY2016 | ~$9.1B | ~$563.8M | +2.9% |
| FY2015 | ~$8.9B | ~$529.8M | — |
Click any row to see year details.
Keep researching Canadian Tire
Canadian Tire Revenue and Financial FAQ
What was Canadian Tire's latest reported annual revenue?
In its latest audited financial reporting period, Canadian Tire recorded consolidated net revenue of CAD $16.7B ($12.4B), demonstrating durable revenue growth across its primary operating divisions.
How profitable is Canadian Tire?
Canadian Tire generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Canadian Tire's capital and liquidity position?
Canadian Tire maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Canadian Tire distribute capital to shareholders?
Canadian Tire executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Canadian Tire Revenue & Financials." CorpDigest, https://corpdigest.com/company/canadian-tire/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Canadian Tire reported ~$11.8B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/canadian-tire/financials" target="_blank" rel="noopener">CorpDigest — Canadian Tire financials</a></div>Related Financial Audits
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