Canadian Tire Corporation Limited (CTC) - Net Assets

Latest as of September 2025: CA$6.86 Billion CAD ≈ $4.96 Billion USD

Based on the latest financial reports, Canadian Tire Corporation Limited (CTC) has net assets worth CA$6.86 Billion CAD (≈ $4.96 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$21.91 Billion ≈ $15.85 Billion USD) and total liabilities (CA$15.05 Billion ≈ $10.89 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 CTC financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$6.86 Billion
% of Total Assets	31.3%
Annual Growth Rate	6.2%
5-Year Change	21.49%
10-Year Change	22.43%
Growth Volatility	7.33

Canadian Tire Corporation Limited - Net Assets Trend (1995–2024)

This chart illustrates how Canadian Tire Corporation Limited's net assets have evolved over time, based on quarterly financial data. Also explore CTC total assets for the complete picture of this company's asset base.

Annual Net Assets for Canadian Tire Corporation Limited (1995–2024)

The table below shows the annual net assets of Canadian Tire Corporation Limited from 1995 to 2024. For live valuation and market cap data, see CTC company net worth.

Year	Net Assets	Change
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	0.00%
2016-12-31	CA$5.74 Billion ≈ $4.15 Billion	-0.91%
2015-12-31	CA$5.79 Billion ≈ $4.19 Billion	+6.23%
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 485.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CA$5.61 Billion	91.22%
Common Stock	CA$625.90 Million	10.17%
Other Comprehensive Income	CA$-85.30 Million	-1.39%
Total Equity	CA$6.16 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
Cytek Biosciences Inc NASDAQ:CTKB	$542.48 Million
Comintel Corporation Berhad KLSE:7195	$542.52 Million
Tyntek Corp TW:2426	$542.70 Million
CARE Ratings Limited NSE:CARERATING	$542.76 Million
Nextdoor Holdings Inc NYSE:KIND	$542.17 Million
Guangdong Songyang Recycle Resources Co Ltd SHG:603863	$542.04 Million
SIS LIMITED NSE:SIS	$541.93 Million
Beyond, Inc. NASDAQ:BYON	$541.91 Million

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 2023 to 2024, total equity changed from 5,548,000,000 to 6,155,000,000, a change of 607,000,000 (10.9%).
Net income of 887,700,000 contributed positively to equity growth.
Dividend payments of 359,800,000 reduced retained earnings.
Share repurchases of 29,800,000 reduced equity.
Other comprehensive income increased equity by 96,500,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$887.70 Million	+14.42%
Dividends Paid	CA$359.80 Million	-5.85%
Share Repurchases	CA$29.80 Million	-0.48%
Other Comprehensive Income	CA$96.50 Million	+1.57%
Other Changes	CA$12.40 Million	+0.2%
Total Change	CA$-	10.94%

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: 1.98x
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 15.60x to 1.98x 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$219.00	x
1996-12-31	CA$14.88	CA$219.00	x
1997-12-31	CA$14.88	CA$219.00	x
1998-12-31	CA$15.64	CA$219.00	x
1999-12-31	CA$15.69	CA$219.00	x
2000-12-31	CA$17.42	CA$219.00	x
2001-12-31	CA$18.63	CA$219.00	x
2002-12-31	CA$20.24	CA$219.00	x
2003-12-31	CA$22.59	CA$219.00	x
2004-12-31	CA$24.32	CA$219.00	x
2005-12-31	CA$27.26	CA$219.00	x
2006-12-31	CA$30.28	CA$219.00	x
2007-12-31	CA$33.85	CA$219.00	x
2008-12-31	CA$38.14	CA$219.00	x
2009-12-31	CA$43.73	CA$219.00	x
2010-12-31	CA$45.15	CA$219.00	x
2011-12-31	CA$49.65	CA$219.00	x
2012-12-31	CA$53.90	CA$219.00	x
2013-12-31	CA$58.24	CA$219.00	x
2014-12-31	CA$63.65	CA$219.00	x
2015-12-31	CA$65.21	CA$219.00	x
2016-12-31	CA$68.07	CA$219.00	x
2017-12-31	CA$68.07	CA$219.00	x
2018-12-31	CA$68.86	CA$219.00	x
2019-12-31	CA$67.74	CA$219.00	x
2020-12-31	CA$73.65	CA$219.00	x
2021-12-31	CA$83.52	CA$219.00	x
2022-12-31	CA$94.69	CA$219.00	x
2023-12-31	CA$98.27	CA$219.00	x
2024-12-31	CA$110.37	CA$219.00	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): 14.42%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.43%
• Asset Turnover: 0.74x
• Equity Multiplier: 3.61x
Recent ROE (14.42%) is above the historical average (12.46%), indicating improving 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
1996	10.15%	3.38%	1.50x	2.00x	CA$1.96 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	12.09%	4.85%	0.83x	3.00x	CA$104.58 Million
2016	13.35%	5.37%	0.80x	3.10x	CA$165.54 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

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: $684,598,716
Average return on equity (ROE) among peers: 76.87%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Canadian Tire Corporation Limited (CTC)	CA$6.86 Billion	9.83%	2.20x	$542.33 Million
Alimentation Couchen Tard Inc A (ATD)	$3.98 Billion	20.38%	1.65x	$54.30 Billion
Advent Wireless Inc (AWI)	$17.51 Million	4.73%	0.15x	$6.91 Million
Canadian Tire Corporation Limited (CTC-A)	$1.30 Billion	0.00%	1.00x	$6.84 Billion
BMTC Group Inc (GBT)	$111.80 Million	18.92%	0.56x	$290.90 Million
Kits Eyecare Ltd (KITS)	$971.00K	551.60%	5.29x	$331.31 Million
Leon's Furniture Limited (LNF)	$152.30 Million	14.18%	0.43x	$1.32 Billion
Pet Valu Holdings Ltd (PET)	$-94.52 Million	0.00%	0.00x	$1.05 Billion
Rocky Mountain Liquor Inc (RUM)	$8.95 Million	5.17%	1.55x	$2.94 Million

About Canadian Tire Corporation Limited

TO:CTC Canada Specialty Retail

Market Cap

$542.33 Million

CA$749.72 Million CAD

Market Cap Rank

#12100 Global

#344 in Canada

Share Price

CA$219.00

Change (1 day)

-7.88%

52-Week Range

CA$204.32 - CA$273.99

All Time High

CA$398.39