Loblaw
Financial Performance
Loblaw Revenue & Financials
Revenue
~$43.9B (FY2024)
Market Cap
$48B
Net Income
~$1.6B
Employees
220,000
What is Loblaw's revenue?
Loblaw had ~$43.9B in revenue for fiscal year 2024, up 2.5% from 2023. Net income was ~$1.6B.
- Latest revenue
- ~$43.9B (FY2024)
- Year-over-year
- +2.5%
- Growth rate (CAGR)
- 3.2% over 9 years
- Peak revenue
- ~$43.9B (FY2024)
- Years of data
- 10
- Employees
- 220,000
- How much profit does Loblaw make?
- Loblaw reported net income of ~$1.6B for fiscal year 2024. sedarplus.ca
- How many employees does Loblaw have?
- Loblaw has about 220,000 employees.
Financial Analysis
Loblaw exhibits outstanding financial resilience, compounding revenue growth, and substantial free cash flow generation. In fiscal year 2023/2024, Loblaw generated consolidated revenue of CAD $59.53 billion, up 5.4% year-over-year. Operating income reached CAD $3.83 billion with GAAP net earnings available to common shareholders of CAD $2.19 billion ($6.93 diluted EPS). The enterprise generated over CAD $4.2 billion in cash flow from operating activities, allocating capital toward retail store modernizations, pharmacy clinics, consistent quarterly dividend increases, and aggressive common share repurchases while maintaining an investment-grade balance sheet.
Revenue Trend Analysis
YoY Change
+2.5%
9-Year CAGR
+3.2%
Peak Year
2024
Trend
Consistent Growth
Loblaw has 10 full fiscal year figures on this page, compounding at +3.2% annually over 9 years. The most recent year saw a 2.5% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$43.9B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2024 | ~$43.9B | ~$1.6B | +2.5% | Loblaw Companies Limited 2024 Annual Report (SEDAR+) |
| FY2023 | ~$42.9B | ~$1.5B | +5.4% | Loblaw Companies Limited 2023 Annual Report (SEDAR+) |
| FY2022 | ~$40.7B | ~$1.4B | +6.3% | Loblaw Companies Limited 2022 Annual Report (SEDAR+) |
| FY2021 | ~$38.3B | ~$1.3B | +0.9% | Loblaw Companies Limited 2021 Annual Report (SEDAR+) |
| FY2020 | ~$38B | ~$797.8M | +9.7% | Loblaw Companies Limited 2020 Annual Report (SEDAR+) |
| FY2019 | ~$34.6B | ~$769.7M | +2.9% | Loblaw Companies Limited 2019 Annual Report (SEDAR+) |
| FY2018 | ~$33.6B | ~$542.9M | +0.2% | Loblaw Companies Limited 2018 Annual Report (SEDAR+) |
| FY2017 | ~$33.5B | ~$1.1B | +1.1% | Loblaw Companies Limited 2017 Annual Report (SEDAR+) |
| FY2016 | ~$33.2B | ~$526.3M | +0.6% | Loblaw Companies Limited 2016 Annual Report (SEDAR+) |
| FY2015 | ~$33B | ~$390.2M | — | Loblaw Companies Limited 2015 Annual Report (SEDAR+) |
Click any row to see year details.
Keep researching Loblaw
Loblaw Revenue and Financial FAQ
What was Loblaw's latest reported annual revenue?
In its latest audited financial reporting period, Loblaw recorded consolidated net revenue of CAD $59.5B ($44.0B), demonstrating durable revenue growth across its primary operating divisions.
How profitable is Loblaw?
Loblaw 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 Loblaw's capital and liquidity position?
Loblaw 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 Loblaw distribute capital to shareholders?
Loblaw 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. "Loblaw Revenue & Financials." CorpDigest, https://corpdigest.com/company/loblaw/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>Loblaw reported ~$43.9B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/loblaw/financials" target="_blank" rel="noopener">CorpDigest — Loblaw financials</a></div>Related Financial Audits
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