Metro Inc. (MRU) - Net Assets

Latest as of December 2025: CA$7.04 Billion CAD ≈ $5.09 Billion USD

Based on the latest financial reports, Metro Inc. (MRU) has net assets worth CA$7.04 Billion CAD (≈ $5.09 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$14.85 Billion ≈ $10.74 Billion USD) and total liabilities (CA$7.81 Billion ≈ $5.65 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 how resilient are Metro Inc.'s assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$7.04 Billion
% of Total Assets	47.39%
Annual Growth Rate	11.05%
5-Year Change	9.86%
10-Year Change	161.59%
Growth Volatility	21.48

Metro Inc. - Net Assets Trend (1995–2025)

This chart illustrates how Metro Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Metro Inc. assets under control for the complete picture of this company's asset base.

Annual Net Assets for Metro Inc. (1995–2025)

The table below shows the annual net assets of Metro Inc. from 1995 to 2025. For live valuation and market cap data, see market cap of Metro Inc..

Year	Net Assets	Change
2025-09-30	CA$7.05 Billion ≈ $5.10 Billion	+0.09%
2024-09-30	CA$7.04 Billion ≈ $5.09 Billion	+3.27%
2023-09-30	CA$6.82 Billion ≈ $4.93 Billion	+2.99%
2022-09-30	CA$6.62 Billion ≈ $4.79 Billion	+3.21%
2021-09-30	CA$6.41 Billion ≈ $4.64 Billion	+4.18%
2020-09-30	CA$6.16 Billion ≈ $4.45 Billion	+3.13%
2019-09-30	CA$5.97 Billion ≈ $4.32 Billion	+5.53%
2018-09-30	CA$5.66 Billion ≈ $4.09 Billion	+93.44%
2017-09-30	CA$2.92 Billion ≈ $2.12 Billion	+8.57%
2016-09-30	CA$2.69 Billion ≈ $1.95 Billion	+1.35%
2015-09-30	CA$2.66 Billion ≈ $1.92 Billion	-1.00%
2014-09-30	CA$2.68 Billion ≈ $1.94 Billion	-4.13%
2013-09-30	CA$2.80 Billion ≈ $2.03 Billion	+10.55%
2012-09-30	CA$2.53 Billion ≈ $1.83 Billion	+5.56%
2011-09-30	CA$2.40 Billion ≈ $1.74 Billion	+3.47%
2010-09-30	CA$2.32 Billion ≈ $1.68 Billion	+2.06%
2009-09-30	CA$2.27 Billion ≈ $1.64 Billion	+10.24%
2008-09-30	CA$2.06 Billion ≈ $1.49 Billion	+6.34%
2007-09-30	CA$1.94 Billion ≈ $1.40 Billion	+11.81%
2006-09-30	CA$1.73 Billion ≈ $1.25 Billion	+14.08%
2005-09-30	CA$1.52 Billion ≈ $1.10 Billion	+79.05%
2004-09-30	CA$848.70 Million ≈ $613.94 Million	+14.67%
2003-09-30	CA$740.10 Million ≈ $535.38 Million	+14.92%
2002-09-30	CA$644.00 Million ≈ $465.86 Million	+15.62%
2001-09-30	CA$557.00 Million ≈ $402.93 Million	+20.56%
2000-09-30	CA$462.00 Million ≈ $334.20 Million	+17.80%
1999-09-30	CA$392.20 Million ≈ $283.71 Million	+14.48%
1998-09-30	CA$342.60 Million ≈ $247.83 Million	+15.67%
1997-09-30	CA$296.20 Million ≈ $214.27 Million	+23.16%
1996-09-30	CA$240.50 Million ≈ $173.97 Million	-20.84%
1995-09-30	CA$303.80 Million ≈ $219.76 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Metro Inc.'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 4650.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component	Amount	Percentage
Retained Earnings	CA$5.48 Billion	78.01%
Common Stock	CA$1.54 Billion	21.98%
Other Comprehensive Income	CA$-1.40 Million	-0.02%
Other Components	CA$1.80 Million	0.03%
Total Equity	CA$7.03 Billion	100.00%

Metro Inc. Competitors by Market Cap

The table below lists competitors of Metro Inc. ranked by their market capitalization.

Company	Market Cap
Henan Shuanghui Investment & Development Co Ltd SHE:000895	$14.06 Billion
Guangdong Dtech Technology Co. Ltd. A SHE:301377	$14.08 Billion
Power Construction Corp of China Ltd SHG:601669	$14.09 Billion
Bharat Petroleum Corporation Limited NSE:BPCL	$14.10 Billion
Hua Nan Financial Holdings Co Ltd TW:2880	$14.05 Billion
ZTO Express (Cayman) Inc F:ZTOA	$14.04 Billion
ING Bank Śląski SA WAR:ING	$14.04 Billion
QXO, Inc. NYSE:QXO	$14.04 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 7,021,700,000 to 7,026,700,000, a change of 5,000,000 (0.1%).
Net income of 1,017,000,000 contributed positively to equity growth.
Dividend payments of 316,800,000 reduced retained earnings.
Share repurchases of 801,300,000 reduced equity.
New share issuances of 24,100,000 increased equity.
Other comprehensive income decreased equity by 300,000.
Other factors increased equity by 82,300,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$1.02 Billion	+14.47%
Dividends Paid	CA$316.80 Million	-4.51%
Share Repurchases	CA$801.30 Million	-11.4%
Share Issuances	CA$24.10 Million	+0.34%
Other Comprehensive Income	CA$-300.00K	-0.0%
Other Changes	CA$82.30 Million	+1.17%
Total Change	CA$-	0.07%

Book Value vs Market Value Analysis

This analysis compares Metro Inc.'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: 2.85x
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 115.00x to 2.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1995-09-30	CA$0.79	CA$91.16	x
1996-09-30	CA$0.63	CA$91.16	x
1997-09-30	CA$0.94	CA$91.16	x
1998-09-30	CA$1.09	CA$91.16	x
1999-09-30	CA$1.25	CA$91.16	x
2000-09-30	CA$1.53	CA$91.16	x
2001-09-30	CA$1.86	CA$91.16	x
2002-09-30	CA$2.11	CA$91.16	x
2003-09-30	CA$2.47	CA$91.16	x
2004-09-30	CA$2.89	CA$91.16	x
2005-09-30	CA$5.09	CA$91.16	x
2006-09-30	CA$4.95	CA$91.16	x
2007-09-30	CA$5.52	CA$91.16	x
2008-09-30	CA$6.06	CA$91.16	x
2009-09-30	CA$6.79	CA$91.16	x
2010-09-30	CA$7.20	CA$91.16	x
2011-09-30	CA$7.72	CA$91.16	x
2012-09-30	CA$8.47	CA$91.16	x
2013-09-30	CA$9.77	CA$91.16	x
2014-09-30	CA$10.09	CA$91.16	x
2015-09-30	CA$10.52	CA$91.16	x
2016-09-30	CA$11.20	CA$91.16	x
2017-09-30	CA$12.62	CA$91.16	x
2018-09-30	CA$23.53	CA$91.16	x
2019-09-30	CA$23.24	CA$91.16	x
2020-09-30	CA$24.25	CA$91.16	x
2021-09-30	CA$25.88	CA$91.16	x
2022-09-30	CA$27.43	CA$91.16	x
2023-09-30	CA$29.15	CA$91.16	x
2024-09-30	CA$31.10	CA$91.16	x
2025-09-30	CA$31.98	CA$91.16	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Metro Inc. 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): 14.47%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.62%
• Asset Turnover: 1.51x
• Equity Multiplier: 2.07x
Recent ROE (14.47%) is below the historical average (18.19%), 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	20.19%	1.94%	5.00x	2.08x	CA$30.83 Million
1996	25.36%	1.87%	4.93x	2.76x	CA$36.95 Million
1997	22.35%	1.93%	4.73x	2.45x	CA$36.58 Million
1998	19.09%	1.79%	4.64x	2.30x	CA$31.14 Million
1999	19.37%	1.90%	4.01x	2.54x	CA$36.77 Million
2000	21.00%	2.08%	4.39x	2.29x	CA$50.80 Million
2001	22.04%	2.53%	4.11x	2.13x	CA$67.20 Million
2002	22.36%	2.80%	3.87x	2.06x	CA$79.60 Million
2003	22.54%	2.89%	3.84x	2.03x	CA$92.79 Million
2004	19.81%	2.81%	3.85x	1.83x	CA$83.59 Million
2005	12.58%	2.86%	1.69x	2.60x	CA$39.07 Million
2006	14.68%	2.31%	2.63x	2.42x	CA$80.62 Million
2007	14.31%	2.60%	2.49x	2.21x	CA$83.37 Million
2008	14.20%	2.73%	2.43x	2.14x	CA$86.59 Million
2009	15.65%	3.17%	2.40x	2.06x	CA$127.99 Million
2010	16.90%	3.45%	2.42x	2.03x	CA$159.96 Million
2011	16.37%	3.45%	2.36x	2.01x	CA$152.82 Million
2012	19.03%	4.13%	2.26x	2.04x	CA$228.61 Million
2013	24.84%	6.10%	2.25x	1.81x	CA$415.35 Million
2014	16.75%	3.86%	2.20x	1.98x	CA$180.24 Million
2015	19.15%	4.14%	2.27x	2.04x	CA$241.76 Million
2016	21.32%	4.47%	2.28x	2.09x	CA$303.44 Million
2017	20.33%	4.49%	2.18x	2.08x	CA$300.59 Million
2018	30.42%	11.93%	1.32x	1.94x	CA$1.15 Billion
2019	11.95%	4.24%	1.51x	1.86x	CA$116.08 Million
2020	12.95%	4.42%	1.34x	2.19x	CA$180.98 Million
2021	12.86%	4.50%	1.35x	2.12x	CA$183.01 Million
2022	12.81%	4.48%	1.41x	2.03x	CA$185.65 Million
2023	14.92%	4.90%	1.49x	2.04x	CA$334.68 Million
2024	13.23%	4.38%	1.50x	2.01x	CA$226.63 Million
2025	14.47%	4.62%	1.51x	2.07x	CA$314.33 Million

Industry Comparison

This section compares Metro Inc.'s net assets metrics with peer companies in the Grocery Stores industry.

Industry Context

Industry: Grocery Stores
Average net assets among peers: $5,277,750,000
Average return on equity (ROE) among peers: 7.27%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Metro Inc. (MRU)	CA$7.04 Billion	20.19%	1.11x	$14.06 Billion
Empire Company Limited (EMP-A)	$2.27 Billion	8.24%	1.18x	$4.34 Billion
Loblaw Companies Limited (L)	$5.56 Billion	5.93%	1.46x	$53.17 Billion
North West Company Inc (NWC)	$147.70 Million	11.65%	1.24x	$1.75 Billion
George Weston Limited (WN)	$13.14 Billion	3.28%	2.58x	$27.01 Billion

About Metro Inc.

TO:MRU Canada Grocery Stores

Market Cap

$14.06 Billion

CA$19.43 Billion CAD

Market Cap Rank

#1696 Global

#60 in Canada

Share Price

CA$91.16

Change (1 day)

+0.11%

52-Week Range

CA$89.37 - CA$107.96

All Time High

CA$107.96