Canadian Tire Corporation Limited (CTC-A) - Net Assets

Latest as of March 2026: CA$6.80 Billion CAD ≈ $4.92 Billion USD

Based on the latest financial reports, Canadian Tire Corporation Limited (CTC-A) has net assets worth CA$6.80 Billion CAD (≈ $4.92 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$21.84 Billion ≈ $15.80 Billion USD) and total liabilities (CA$15.04 Billion ≈ $10.88 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Canadian Tire Corporation Limited (CTC-A) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$6.80 Billion
% of Total Assets 31.12%
Annual Growth Rate 5.85%
5-Year Change 4.66%
10-Year Change 17.69%
Growth Volatility 7.4

Canadian Tire Corporation Limited - Net Assets Trend (1995–2025)

This chart illustrates how Canadian Tire Corporation Limited's net assets have evolved over time, based on quarterly financial data. See Canadian Tire Corporation Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Canadian Tire Corporation Limited (1995–2025)

The table below shows the annual net assets of Canadian Tire Corporation Limited from 1995 to 2025. For live valuation and market cap data, see market cap of Canadian Tire Corporation Limited.

Year Net Assets Change
2025-12-31 CA$6.81 Billion
≈ $4.93 Billion		 -3.87%
2024-12-31 CA$7.09 Billion
≈ $5.13 Billion		 +9.98%
2023-12-31 CA$6.44 Billion
≈ $4.66 Billion		 -8.44%
2022-12-31 CA$7.04 Billion
≈ $5.09 Billion		 +8.12%
2021-12-31 CA$6.51 Billion
≈ $4.71 Billion		 +11.59%
2020-12-31 CA$5.83 Billion
≈ $4.22 Billion		 +5.99%
2019-12-31 CA$5.50 Billion
≈ $3.98 Billion		 -1.10%
2018-12-31 CA$5.57 Billion
≈ $4.03 Billion		 -2.98%
2017-12-31 CA$5.74 Billion
≈ $4.15 Billion		 -0.91%
2016-12-31 CA$5.79 Billion
≈ $4.19 Billion		 +2.82%
2015-12-31 CA$5.63 Billion
≈ $4.07 Billion		 +3.32%
2014-12-31 CA$5.45 Billion
≈ $3.94 Billion		 +14.41%
2013-12-31 CA$4.76 Billion
≈ $3.45 Billion		 +8.04%
2012-12-31 CA$4.41 Billion
≈ $3.19 Billion		 +8.42%
2011-12-31 CA$4.07 Billion
≈ $2.94 Billion		 +10.27%
2010-12-31 CA$3.69 Billion
≈ $2.67 Billion		 +3.45%
2009-12-31 CA$3.56 Billion
≈ $2.58 Billion		 +14.70%
2008-12-31 CA$3.11 Billion
≈ $2.25 Billion		 +11.59%
2007-12-31 CA$2.79 Billion
≈ $2.01 Billion		 -0.92%
2006-12-31 CA$2.81 Billion
≈ $2.03 Billion		 +10.19%
2005-12-31 CA$2.55 Billion
≈ $1.85 Billion		 +9.34%
2004-12-31 CA$2.33 Billion
≈ $1.69 Billion		 +10.75%
2003-12-31 CA$2.11 Billion
≈ $1.52 Billion		 +10.67%
2002-12-31 CA$1.90 Billion
≈ $1.38 Billion		 +30.44%
2001-12-31 CA$1.46 Billion
≈ $1.06 Billion		 +8.52%
2000-12-31 CA$1.34 Billion
≈ $972.81 Million		 +6.59%
1999-12-31 CA$1.26 Billion
≈ $912.62 Million		 -2.85%
1998-12-31 CA$1.30 Billion
≈ $939.39 Million		 -0.06%
1997-12-31 CA$1.30 Billion
≈ $939.97 Million		 0.00%
1996-12-31 CA$1.30 Billion
≈ $939.97 Million		 +4.85%
1995-12-31 CA$1.24 Billion
≈ $896.49 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Canadian Tire Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 445.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CA$5.23 Billion 89.32%
Common Stock CA$615.90 Million 10.52%
Other Comprehensive Income CA$9.40 Million 0.16%
Other Components CA$1.00 0.00%
Total Equity CA$5.86 Billion 100.00%

Canadian Tire Corporation Limited Competitors by Market Cap

The table below lists competitors of Canadian Tire Corporation Limited ranked by their market capitalization.

Company Market Cap
Astor Enerji AS
IS:ASTOR
 $6.62 Billion
The Hanover Insurance Group Inc
NYSE:THG
 $6.62 Billion
KION GROUP AG ADRS/1/4
F:KGX1
 $6.62 Billion
Gamuda Bhd
KLSE:5398
 $6.62 Billion
SSR Mining Inc
NASDAQ:SSRM
 $6.60 Billion
FirstService Corp
TO:FSV
 $6.60 Billion
GUOTAI JUNAN SEC. H YC1
F:153A
 $6.60 Billion
Xinjiang Daqo New Energy Co Ltd
SHG:688303
 $6.60 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Canadian Tire Corporation Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 6,155,000,000 to 5,855,600,000, a change of -299,400,000 (-4.9%).
  • Net income of 578,500,000 contributed positively to equity growth.
  • Dividend payments of 361,700,000 reduced retained earnings.
  • Share repurchases of 467,200,000 reduced equity.
  • Other comprehensive income increased equity by 94,699,999.
  • Other factors decreased equity by 143,699,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$578.50 Million +9.88%
Dividends Paid CA$361.70 Million -6.18%
Share Repurchases CA$467.20 Million -7.98%
Other Comprehensive Income CA$94.70 Million +1.62%
Other Changes CA$-143.70 Million -2.45%
Total Change CA$- -4.86%

Book Value vs Market Value Analysis

This analysis compares Canadian Tire Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.73x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 13.24x to 1.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CA$14.04 CA$185.94 x
1997-12-31 CA$14.88 CA$185.94 x
1998-12-31 CA$15.64 CA$185.94 x
1999-12-31 CA$15.69 CA$185.94 x
2000-12-31 CA$17.42 CA$185.94 x
2001-12-31 CA$18.63 CA$185.94 x
2002-12-31 CA$20.24 CA$185.94 x
2003-12-31 CA$22.59 CA$185.94 x
2004-12-31 CA$24.32 CA$185.94 x
2005-12-31 CA$27.26 CA$185.94 x
2006-12-31 CA$30.28 CA$185.94 x
2007-12-31 CA$33.85 CA$185.94 x
2008-12-31 CA$38.14 CA$185.94 x
2009-12-31 CA$43.73 CA$185.94 x
2010-12-31 CA$45.15 CA$185.94 x
2011-12-31 CA$49.65 CA$185.94 x
2012-12-31 CA$53.90 CA$185.94 x
2013-12-31 CA$58.24 CA$185.94 x
2014-12-31 CA$63.65 CA$185.94 x
2015-12-31 CA$60.99 CA$185.94 x
2016-12-31 CA$65.21 CA$185.94 x
2017-12-31 CA$68.07 CA$185.94 x
2018-12-31 CA$68.86 CA$185.94 x
2019-12-31 CA$67.74 CA$185.94 x
2020-12-31 CA$73.65 CA$185.94 x
2021-12-31 CA$83.52 CA$185.94 x
2022-12-31 CA$94.69 CA$185.94 x
2023-12-31 CA$98.27 CA$185.94 x
2024-12-31 CA$110.37 CA$185.94 x
2025-12-31 CA$107.52 CA$185.94 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Canadian Tire Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 9.88%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.55%
  • • Asset Turnover: 0.76x
  • • Equity Multiplier: 3.68x
  • Recent ROE (9.88%) is below the historical average (12.46%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 9.83% 3.23% 1.41x 2.16x CA$-2.13 Million
1997 10.15% 3.38% 1.50x 2.00x CA$1.96 Million
1998 11.44% 3.64% 1.42x 2.21x CA$18.74 Million
1999 13.24% 3.84% 1.37x 2.51x CA$40.84 Million
2000 10.85% 3.09% 1.22x 2.88x CA$11.42 Million
2001 10.14% 2.84% 1.39x 2.57x CA$2.08 Million
2002 11.02% 3.29% 1.23x 2.73x CA$16.28 Million
2003 11.20% 3.40% 1.22x 2.70x CA$21.71 Million
2004 12.13% 3.76% 1.34x 2.41x CA$43.27 Million
2005 12.95% 4.07% 1.37x 2.32x CA$66.38 Million
2006 13.15% 4.28% 1.30x 2.37x CA$78.99 Million
2007 12.73% 4.29% 1.42x 2.08x CA$76.08 Million
2008 13.44% 4.85% 1.27x 2.18x CA$106.79 Million
2009 10.53% 4.12% 1.17x 2.18x CA$18.90 Million
2010 9.08% 3.86% 0.98x 2.41x CA$-33.79 Million
2011 11.15% 5.05% 1.02x 2.16x CA$46.93 Million
2012 10.59% 4.50% 0.84x 2.80x CA$26.10 Million
2013 10.47% 4.37% 0.87x 2.77x CA$22.47 Million
2014 10.86% 4.76% 0.86x 2.64x CA$44.47 Million
2015 12.44% 4.85% 0.86x 3.00x CA$118.45 Million
2016 13.20% 5.37% 0.82x 3.00x CA$159.98 Million
2017 13.55% 5.28% 0.83x 3.10x CA$175.24 Million
2018 15.50% 5.54% 0.85x 3.29x CA$260.72 Million
2019 18.57% 5.36% 0.74x 4.66x CA$359.34 Million
2020 16.71% 5.06% 0.73x 4.53x CA$301.89 Million
2021 22.01% 6.92% 0.75x 4.26x CA$615.22 Million
2022 18.58% 5.86% 0.81x 3.93x CA$482.25 Million
2023 3.84% 1.28% 0.76x 3.96x CA$-341.50 Million
2024 14.42% 5.43% 0.74x 3.61x CA$272.20 Million
2025 9.88% 3.55% 0.76x 3.68x CA$-7.06 Million

Industry Comparison

This section compares Canadian Tire Corporation Limited's net assets metrics with peer companies in the Specialty Retail industry.

Industry Context

  • Industry: Specialty Retail
  • Average net assets among peers: $1,033,599,477
  • Average return on equity (ROE) among peers: 90.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Canadian Tire Corporation Limited (CTC-A) CA$6.80 Billion 9.83% 2.21x $6.62 Billion
Alimentation Couchen Tard Inc A (ATD) $964.60 Million 20.34% 1.45x $55.44 Billion
Advent Wireless Inc (AWI) $14.28 Million 0.94% 0.21x $4.84 Million
Canadian Tire Corporation Limited (CTC) $6.81 Billion 8.49% 2.16x $517.57 Million
BMTC Group Inc (GBT) $204.38 Million 22.28% 0.53x $312.58 Million
Kits Eyecare Ltd (KITS) $971.00K 551.60% 5.29x $344.23 Million
Leon's Furniture Limited (LNF) $163.90 Million 16.11% 0.50x $1.22 Billion
Pet Valu Holdings Ltd (PET) $98.27 Million 99.52% 9.56x $912.99 Million
Rocky Mountain Liquor Inc (RUM) $8.49 Million 3.27% 1.80x $2.77 Million

About Canadian Tire Corporation Limited

TO:CTC-A Canada Specialty Retail
Market Cap
$6.62 Billion
CA$9.15 Billion CAD
Market Cap Rank
#3026 Global
#100 in Canada
Share Price
CA$185.94
Change (1 day)
-0.20%
52-Week Range
CA$159.70 - CA$200.67
All Time High
CA$200.67
Categories
Companies in Canada Specialty Retail
About

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates through three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, and tires, as well as automotive services comprising oil changes, tire installations, and repairs; roadside assistance; electrical, hardware, paint… Read more