George Weston Limited (WN) - Net Assets

Latest as of September 2025: CA$13.01 Billion CAD

Based on the latest financial reports, George Weston Limited (WN) has net assets worth CA$13.01 Billion CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$52.05 Billion) and total liabilities (CA$39.05 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$13.01 Billion
% of Total Assets 24.99%
Annual Growth Rate 6.82%
5-Year Change -2.09%
10-Year Change -11.77%
Growth Volatility 15.41

George Weston Limited - Net Assets Trend (1995–2024)

This chart illustrates how George Weston 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 George Weston Limited (1995–2024)

The table below shows the annual net assets of George Weston Limited from 1995 to 2024.

Year Net Assets Change
2024-12-31 CA$13.14 Billion -2.42%
2023-12-31 CA$13.46 Billion +2.15%
2022-12-31 CA$13.18 Billion +0.33%
2021-12-31 CA$13.14 Billion -2.09%
2020-12-31 CA$13.42 Billion +1.84%
2019-12-31 CA$13.18 Billion -7.24%
2018-12-31 CA$14.20 Billion -3.99%
2017-12-31 CA$14.79 Billion +0.03%
2016-12-31 CA$14.79 Billion -0.67%
2015-12-31 CA$14.89 Billion +4.50%
2014-12-31 CA$14.25 Billion +59.76%
2013-12-31 CA$8.92 Billion +10.49%
2012-12-31 CA$8.07 Billion +2.15%
2011-12-31 CA$7.90 Billion +5.01%
2010-12-31 CA$7.53 Billion -19.27%
2009-12-31 CA$9.32 Billion +14.07%
2008-12-31 CA$8.17 Billion +15.59%
2007-12-31 CA$7.07 Billion -3.18%
2006-12-31 CA$7.30 Billion -0.99%
2005-12-31 CA$7.37 Billion +14.40%
2004-12-31 CA$6.45 Billion +2.74%
2003-12-31 CA$6.27 Billion +5.07%
2002-12-31 CA$5.97 Billion +19.35%
2001-12-31 CA$5.00 Billion +23.20%
2000-12-31 CA$4.06 Billion +10.11%
1999-12-31 CA$3.69 Billion +10.29%
1998-12-31 CA$3.34 Billion +50.29%
1997-12-31 CA$2.23 Billion +9.66%
1996-12-31 CA$2.03 Billion +4.70%
1995-12-31 CA$1.94 Billion --

Equity Component Analysis

This analysis shows how different components contribute to George Weston 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 269.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CA$5.49 Billion 87.95%
Common Stock CA$2.48 Billion 39.67%
Other Comprehensive Income CA$246.00 Million 3.94%
Total Equity CA$6.24 Billion 100.00%

George Weston Limited Competitors by Market Cap

The table below lists competitors of George Weston Limited ranked by their market capitalization.

Company Market Cap
International Paper Company
MX:IP
 		$26.52 Billion
H & M Hennes & Mauritz AB (publ)
ST:HM-B
 		$26.54 Billion
WUS Printed Circuit Kunshan Co Ltd
SHE:002463
 		$26.58 Billion
Capitec Bank Holdings Ltd
JSE:CPI
 		$26.58 Billion
Sampo Oyj A
HE:SAMPO
 		$26.48 Billion
Shenzhen Inovance Tech
SHE:300124
 		$26.48 Billion
BCA MONTE D.PASCHI D.SIE.
F:MPI0
 		$26.43 Billion
Ecopetrol S.A
F:ECHA
 		$26.40 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,675,000,000 to 6,242,000,000, a change of -433,000,000 (-6.5%).
  • Net income of 1,359,000,000 contributed positively to equity growth.
  • Dividend payments of 443,000,000 reduced retained earnings.
  • Share repurchases of 2,080,000,000 reduced equity.
  • New share issuances of 195,000,000 increased equity.
  • Other comprehensive income increased equity by 42,000,000.
  • Other factors increased equity by 494,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$1.36 Billion +21.77%
Dividends Paid CA$443.00 Million -7.1%
Share Repurchases CA$2.08 Billion -33.32%
Share Issuances CA$195.00 Million +3.12%
Other Comprehensive Income CA$42.00 Million +0.67%
Other Changes CA$494.00 Million +7.91%
Total Change CA$- -6.49%

Book Value vs Market Value Analysis

This analysis compares George Weston 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: 6.12x
  • 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 26.24x to 6.12x 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$3.65 CA$95.79 x
1996-12-31 CA$4.69 CA$95.79 x
1997-12-31 CA$5.28 CA$95.79 x
1998-12-31 CA$6.81 CA$95.79 x
1999-12-31 CA$6.64 CA$95.79 x
2000-12-31 CA$7.36 CA$95.79 x
2001-12-31 CA$9.08 CA$95.79 x
2002-12-31 CA$11.04 CA$95.79 x
2003-12-31 CA$11.24 CA$95.79 x
2004-12-31 CA$11.30 CA$95.79 x
2005-12-31 CA$12.49 CA$95.79 x
2006-12-31 CA$13.47 CA$95.79 x
2007-12-31 CA$12.75 CA$95.79 x
2008-12-31 CA$15.30 CA$95.79 x
2009-12-31 CA$17.15 CA$95.79 x
2010-12-31 CA$13.20 CA$95.79 x
2011-12-31 CA$14.10 CA$95.79 x
2012-12-31 CA$14.73 CA$95.79 x
2013-12-31 CA$16.50 CA$95.79 x
2014-12-31 CA$18.95 CA$95.79 x
2015-12-31 CA$20.02 CA$95.79 x
2016-12-31 CA$20.17 CA$95.79 x
2017-12-31 CA$20.51 CA$95.79 x
2018-12-31 CA$20.27 CA$95.79 x
2019-12-31 CA$16.50 CA$95.79 x
2020-12-31 CA$16.96 CA$95.79 x
2021-12-31 CA$15.44 CA$95.79 x
2022-12-31 CA$15.75 CA$95.79 x
2023-12-31 CA$16.12 CA$95.79 x
2024-12-31 CA$15.66 CA$95.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently George Weston 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): 21.77%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.21%
  • • Asset Turnover: 1.20x
  • • Equity Multiplier: 8.24x
  • Recent ROE (21.77%) is above the historical average (12.59%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 12.23% 1.47% 2.50x 3.34x CA$34.70 Million
1996 14.80% 1.88% 2.34x 3.37x CA$77.50 Million
1997 13.90% 1.75% 2.37x 3.35x CA$68.40 Million
1998 28.48% 4.62% 1.63x 3.78x CA$441.40 Million
1999 13.41% 1.68% 2.07x 3.84x CA$89.20 Million
2000 16.56% 2.15% 1.96x 3.93x CA$190.60 Million
2001 16.05% 2.36% 1.52x 4.49x CA$219.40 Million
2002 15.75% 2.51% 1.65x 3.80x CA$251.80 Million
2003 17.75% 2.71% 1.68x 3.89x CA$345.80 Million
2004 9.77% 1.44% 1.66x 4.09x CA$-10.00 Million
2005 13.64% 2.23% 1.69x 3.61x CA$186.10 Million
2006 2.32% 0.38% 1.74x 3.55x CA$-400.30 Million
2007 11.40% 1.72% 1.79x 3.71x CA$69.30 Million
2008 14.04% 2.59% 1.63x 3.32x CA$239.30 Million
2009 14.91% 3.25% 1.58x 2.90x CA$340.80 Million
2010 7.37% 1.41% 1.48x 3.54x CA$-161.20 Million
2011 11.63% 1.96% 1.52x 3.91x CA$89.10 Million
2012 7.57% 1.32% 1.50x 3.83x CA$-138.20 Million
2013 10.62% 2.00% 1.36x 3.89x CA$39.50 Million
2014 1.73% 0.29% 1.18x 5.10x CA$-602.90 Million
2015 6.64% 1.09% 1.23x 4.96x CA$-258.90 Million
2016 7.08% 1.15% 1.26x 4.89x CA$-226.40 Million
2017 9.70% 1.59% 1.25x 4.88x CA$-23.40 Million
2018 7.14% 1.18% 1.11x 5.45x CA$-230.00 Million
2019 3.18% 0.48% 1.05x 6.28x CA$-518.90 Million
2020 12.33% 1.81% 1.11x 6.16x CA$181.90 Million
2021 6.19% 0.80% 1.14x 6.77x CA$-264.90 Million
2022 26.55% 3.18% 1.17x 7.16x CA$1.13 Billion
2023 23.07% 2.56% 1.21x 7.46x CA$872.50 Million
2024 21.77% 2.21% 1.20x 8.24x CA$734.80 Million

Industry Comparison

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

Industry Context

  • Industry: Grocery Stores
  • Average net assets among peers: $3,849,900,000
  • Average return on equity (ROE) among peers: 16.46%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
George Weston Limited (WN) CA$13.01 Billion 12.23% 3.00x $26.49 Billion
Empire Company Limited (EMP-A) $3.76 Billion 10.24% 0.90x $4.36 Billion
Loblaw Companies Limited (L) $11.19 Billion 23.83% 2.71x $51.73 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

About George Weston Limited

TO:WN Canada Grocery Stores
Market Cap
$26.49 Billion
CA$36.62 Billion CAD
Market Cap Rank
#871 Global
#13 in Canada
Share Price
CA$95.79
Change (1 day)
-1.28%
52-Week Range
CA$83.24 - CA$280.39
All Time High
CA$280.39
Categories
Companies in Canada Grocery Stores
About

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates in two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, corporate and franchise-owned retail food, and associate-owned drug stores, including in-store pharmacies, health care services,… Read more