Loblaw Companies Limited (L) - Net Assets

Latest as of December 2025: CA$11.19 Billion CAD

Based on the latest financial reports, Loblaw Companies Limited (L) has net assets worth CA$11.19 Billion CAD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$41.58 Billion) and total liabilities (CA$30.39 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$11.19 Billion
% of Total Assets 26.92%
Annual Growth Rate 7.67%
5-Year Change -4.64%
10-Year Change -14.09%
Growth Volatility 20.15

Loblaw Companies Limited - Net Assets Trend (1996–2025)

This chart illustrates how Loblaw Companies Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Loblaw Companies Limited (1996–2025)

The table below shows the annual net assets of Loblaw Companies Limited from 1996 to 2025.

Year Net Assets Change
2025-12-31 CA$11.19 Billion -0.66%
2024-12-31 CA$11.27 Billion -3.04%
2023-12-31 CA$11.62 Billion +1.42%
2022-12-31 CA$11.46 Billion -2.39%
2021-12-31 CA$11.74 Billion +5.56%
2020-12-31 CA$11.12 Billion -1.78%
2019-12-31 CA$11.32 Billion -7.04%
2018-12-31 CA$12.18 Billion -7.28%
2017-12-31 CA$13.13 Billion +0.81%
2016-12-31 CA$13.03 Billion -0.73%
2015-12-31 CA$13.12 Billion +2.64%
2014-12-31 CA$12.79 Billion +82.67%
2013-12-31 CA$7.00 Billion +9.05%
2012-12-31 CA$6.42 Billion +6.86%
2011-12-31 CA$6.01 Billion +7.21%
2010-12-31 CA$5.60 Billion -11.12%
2009-12-31 CA$6.30 Billion +8.26%
2008-12-31 CA$5.82 Billion +4.71%
2007-12-31 CA$5.56 Billion +1.98%
2006-12-31 CA$5.45 Billion -7.53%
2005-12-31 CA$5.90 Billion +8.92%
2004-12-31 CA$5.41 Billion +15.44%
2003-12-31 CA$4.69 Billion +13.72%
2002-12-31 CA$4.12 Billion +15.55%
2001-12-31 CA$3.57 Billion +11.46%
2000-12-31 CA$3.20 Billion +10.26%
1999-12-31 CA$2.90 Billion +11.91%
1998-12-31 CA$2.60 Billion +73.58%
1997-12-31 CA$1.50 Billion +14.04%
1996-12-31 CA$1.31 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Loblaw Companies 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 359.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CA$4.80 Billion 43.56%
Common Stock CA$6.09 Billion 55.22%
Other Comprehensive Income CA$23.00 Million 0.21%
Other Components CA$111.00 Million 1.01%
Total Equity CA$11.03 Billion 100.00%

Loblaw Companies Limited Competitors by Market Cap

The table below lists competitors of Loblaw Companies Limited ranked by their market capitalization.

Company Market Cap
UCB SA
BR:UCB
 		$51.74 Billion
OSRAM LICHT N
HM:OSR
 		$51.75 Billion
Alimentation Couchen Tard Inc A
TO:ATD
 		$51.81 Billion
E.ON SE
F:EOAN
 		$52.11 Billion
Mercedes-Benz Group AG
F:MBG
 		$51.62 Billion
Ferguson Plc
NYSE:FERG
 		$51.59 Billion
L3Harris Technologies Inc
NYSE:LHX
 		$51.53 Billion
Thales S.A.
PA:HO
 		$51.35 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 11,091,000,000 to 11,028,000,000, a change of -63,000,000 (-0.6%).
  • Net income of 2,667,000,000 contributed positively to equity growth.
  • Dividend payments of 812,000,000 reduced retained earnings.
  • Share repurchases of 2,169,000,000 reduced equity.
  • New share issuances of 59,000,000 increased equity.
  • Other comprehensive income decreased equity by 9,000,000.
  • Other factors increased equity by 201,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$2.67 Billion +24.18%
Dividends Paid CA$812.00 Million -7.36%
Share Repurchases CA$2.17 Billion -19.67%
Share Issuances CA$59.00 Million +0.54%
Other Comprehensive Income CA$-9.00 Million -0.08%
Other Changes CA$201.00 Million +1.82%
Total Change CA$- -0.57%

Book Value vs Market Value Analysis

This analysis compares Loblaw Companies 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: 6.64x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 44.73x to 6.64x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CA$1.36 CA$61.02 x
1997-12-31 CA$1.55 CA$61.02 x
1998-12-31 CA$2.63 CA$61.02 x
1999-12-31 CA$2.65 CA$61.02 x
2000-12-31 CA$2.83 CA$61.02 x
2001-12-31 CA$3.22 CA$61.02 x
2002-12-31 CA$3.71 CA$61.02 x
2003-12-31 CA$4.23 CA$61.02 x
2004-12-31 CA$4.91 CA$61.02 x
2005-12-31 CA$5.35 CA$61.02 x
2006-12-31 CA$4.97 CA$61.02 x
2007-12-31 CA$5.06 CA$61.02 x
2008-12-31 CA$5.22 CA$61.02 x
2009-12-31 CA$5.56 CA$61.02 x
2010-12-31 CA$5.01 CA$61.02 x
2011-12-31 CA$5.19 CA$61.02 x
2012-12-31 CA$5.67 CA$61.02 x
2013-12-31 CA$6.16 CA$61.02 x
2014-12-31 CA$8.31 CA$61.02 x
2015-12-31 CA$7.89 CA$61.02 x
2016-12-31 CA$7.95 CA$61.02 x
2017-12-31 CA$8.24 CA$61.02 x
2018-12-31 CA$7.99 CA$61.02 x
2019-12-31 CA$7.62 CA$61.02 x
2020-12-31 CA$7.67 CA$61.02 x
2021-12-31 CA$8.46 CA$61.02 x
2022-12-31 CA$8.52 CA$61.02 x
2023-12-31 CA$8.96 CA$61.02 x
2024-12-31 CA$8.99 CA$61.02 x
2025-12-31 CA$9.19 CA$61.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Loblaw Companies 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): 24.18%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.17%
  • • Asset Turnover: 1.54x
  • • Equity Multiplier: 3.77x
  • Recent ROE (24.18%) is above the historical average (11.97%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 13.25% 1.76% 2.79x 2.69x CA$42.60 Million
1997 14.25% 1.93% 2.74x 2.68x CA$63.50 Million
1998 10.06% 2.09% 1.76x 2.74x CA$1.50 Million
1999 12.95% 2.00% 2.35x 2.75x CA$85.60 Million
2000 15.14% 2.35% 2.23x 2.89x CA$160.60 Million
2001 15.77% 2.62% 2.15x 2.80x CA$206.10 Million
2002 17.65% 3.15% 2.08x 2.69x CA$315.60 Million
2003 18.02% 3.35% 2.07x 2.59x CA$376.00 Million
2004 17.88% 3.69% 2.02x 2.39x CA$426.60 Million
2005 12.67% 2.68% 2.02x 2.34x CA$157.40 Million
2006 -4.02% -0.76% 2.12x 2.48x CA$-763.10 Million
2007 5.95% 1.12% 2.15x 2.47x CA$-224.50 Million
2008 9.39% 1.77% 2.21x 2.40x CA$-35.30 Million
2009 10.46% 2.13% 2.05x 2.39x CA$28.70 Million
2010 12.15% 2.20% 1.84x 3.01x CA$120.70 Million
2011 12.80% 2.46% 1.79x 2.90x CA$168.30 Million
2012 10.13% 2.06% 1.76x 2.80x CA$8.10 Million
2013 9.00% 1.95% 1.56x 2.96x CA$-70.00 Million
2014 0.41% 0.12% 1.26x 2.64x CA$-1.22 Billion
2015 4.82% 1.39% 1.32x 2.62x CA$-679.10 Million
2016 7.56% 2.12% 1.35x 2.65x CA$-317.20 Million
2017 11.47% 3.22% 1.33x 2.68x CA$192.60 Million
2018 6.32% 1.64% 1.55x 2.49x CA$-445.90 Million
2019 9.62% 2.25% 1.32x 3.23x CA$-42.40 Million
2020 10.08% 2.10% 1.47x 3.26x CA$9.20 Million
2021 16.20% 3.53% 1.45x 3.16x CA$717.70 Million
2022 17.00% 3.40% 1.48x 3.38x CA$791.10 Million
2023 18.32% 3.53% 1.53x 3.40x CA$953.60 Million
2024 19.57% 3.56% 1.49x 3.69x CA$1.06 Billion
2025 24.18% 4.17% 1.54x 3.77x CA$1.56 Billion

Industry Comparison

This section compares Loblaw Companies Limited's net assets metrics with peer companies in the Grocery Stores industry.

Industry Context

  • Industry: Grocery Stores
  • Average net assets among peers: $4,336,150,000
  • Average return on equity (ROE) among peers: 11.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Loblaw Companies Limited (L) CA$11.19 Billion 13.25% 2.71x $51.73 Billion
Empire Company Limited (EMP-A) $3.76 Billion 10.24% 0.90x $4.36 Billion
Metro Inc. (MRU) $303.80 Million 20.11% 1.07x $14.06 Billion
North West Company Inc (NWC) $147.70 Million 11.65% 1.24x $1.82 Billion
George Weston Limited (WN) $13.14 Billion 3.28% 2.58x $26.49 Billion

About Loblaw Companies Limited

TO:L Canada Grocery Stores
Market Cap
$51.73 Billion
CA$71.51 Billion CAD
Market Cap Rank
#449 Global
#5 in Canada
Share Price
CA$61.02
Change (1 day)
-1.88%
52-Week Range
CA$53.46 - CA$234.11
All Time High
CA$234.11
Categories
Companies in Canada Grocery Stores
About

Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States. It operates through two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and… Read more