Canadian Tire Corporation Past Earnings Performance
Past criteria checks 0/6
Canadian Tire's earnings have been declining at an average annual rate of -13.6%, while the Multiline Retail industry saw earnings growing at 14.8% annually. Revenues have been declining at an average rate of 0.2% per year. Canadian Tire's return on equity is 10.9%, and it has net margins of 4%.
Key information
-13.61%
Earnings growth rate
-10.76%
EPS growth rate
| Multiline Retail Industry Growth | 6.54% |
| Revenue growth rate | -0.17% |
| Return on equity | 10.91% |
| Net Margin | 3.99% |
| Next Earnings Update | 13 Aug 2026 |
Recent past performance updates
Recent updates
Narrative Update • May 11
CTC.A: Consumer Health, AI Initiatives And Buybacks Will Support Balanced Expectations
Analysts have raised their average price target on Canadian Tire Corporation to CA$193, up from CA$180, citing a series of recent target increases, an improved view of Canadian consumer health, and the company's sales momentum. Analyst Commentary Recent research updates on Canadian Tire Corporation reflect a generally constructive tone, with several firms lifting price targets and at least one upgrading its stock rating.Narrative Update • Apr 26
CTC.A: Consumer Health And AI Partnerships Will Support Balanced Future Expectations
Analysts have nudged Canadian Tire Corporation's average price target higher to CA$193 from CA$189, citing a generally more constructive view on Canadian consumer health, accelerating sales growth, and refreshed targets from several firms in the CA$180 to CA$205 range. Analyst Commentary Recent research updates point to a more constructive stance on Canadian Tire, with several firms lifting their price targets into a relatively tight CA$180 to CA$205 band.Narrative Update • Apr 09
CTC.A: Loyalty And AI Partnerships Will Steer Balanced Fair Value Expectations
Analysts have lifted the average price target for Canadian Tire to about CA$193 from roughly CA$191, citing updated assumptions regarding fair value, discount rate, revenue growth, profit margins and expected future P/E multiples. Analyst Commentary Recent research updates show a cluster of higher price targets for Canadian Tire, alongside a shift in stance from some more cautious voices.Narrative Update • Mar 25
CTC.A: Loyalty And AI Partnerships Will Shape Cautious Fair Value Outlook
Analysts have increased their average price target on Canadian Tire Corporation to a range of CA$180 to CA$205, reflecting updated views on Canadian consumer health and sales trends while keeping fair value estimates broadly unchanged. Analyst Commentary Recent research updates cluster around higher price targets for Canadian Tire, with most analysts keeping their overall stance intact while fine tuning expectations on execution and consumer demand.Narrative Update • Mar 11
CTC.A: Loyalty And AI Partnerships Will Guide Cautious Fair Value Expectations
Analysts have lifted our implied fair value for Canadian Tire Corporation by about CA$2 to CA$191.45. This reflects higher Street price targets and updated assumptions for discount rate, profit margin, and future P/E in line with recent TD Securities, CIBC, BMO Capital, and Scotiabank research.Narrative Update • Feb 24
CTC.A: Loyalty And AI Partnerships Will Shape Balanced Forward Expectations
Analysts have lifted their consolidated fair value estimate for Canadian Tire Corporation by about CA$8 to CA$189, citing updated price targets in the CA$180 to CA$205 range and slightly higher assumed revenue growth, profit margins, and forward P/E multiples. Analyst Commentary Recent Street research on Canadian Tire Corporation clusters around higher price targets and, in one case, a rating upgrade.Narrative Update • Feb 10
CTC.A: Loyalty Partnership And Margin Outlook Will Shape Balanced Future Outcomes
Analysts have nudged their price target on Canadian Tire Corporation higher by C$5, reflecting updated views on its discount rate, revenue growth assumptions, profit margin outlook and expected future P/E, as highlighted in recent Street research. Analyst Commentary Bullish Takeaways Bullish analysts see the C$5 price target lift as aligned with updated assumptions on discount rates, suggesting they are more comfortable with how future cash flows are being valued.Analysis Article • Feb 08
Returns On Capital At Canadian Tire Corporation (TSE:CTC.A) Have Hit The Brakes
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Narrative Update • Jan 27
CTC.A: Loyalty Partnership And Capital Returns Will Support Balanced Future Outcomes
Analysts have raised their price target on Canadian Tire Corporation by C$5, reflecting updated assumptions for fair value, discount rate, revenue, profit margin, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts view the C$5 price target increase as a reflection of updated fair value assumptions, suggesting they see the current share price as not fully reflecting revised expectations.Analysis Article • Jan 22
Canadian Tire Corporation (TSE:CTC.A) Takes On Some Risk With Its Use Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Jan 12
CTC.A: Dividends And Buybacks Will Continue To Underpin Balanced Returns
Analysts have kept their fair value estimate for Canadian Tire Corporation effectively unchanged at about $180.55 per share, with only slight tweaks to assumptions such as discount rate and future P/E. They are using this figure as the basis for a stable price target in their latest update.Narrative Update • Dec 25
CTC.A: Dividends And Buybacks Will Continue To Support Measured Returns
Narrative Update on Canadian Tire Corporation Analysts have maintained their price target for Canadian Tire Corporation at approximately $180.55 per share, reflecting largely unchanged assumptions around revenue growth, profit margins, and future valuation multiples despite a marginally lower discount rate. What's in the News Board declares a quarterly dividend of $1.80 per share payable March 1, 2026, marking the 16th consecutive annual dividend increase and lifting the annual payout to $7.20 per share, up about 1.4 percent from the prior year (Key Developments).Narrative Update • Dec 10
CTC.A: Dividends And Buybacks Will Support Measured Returns Ahead
Analysts have modestly revised their price target on Canadian Tire Corporation upward to approximately $180.55 per share. This reflects largely unchanged assumptions for fair value, revenue growth, profit margins, and future valuation multiples, along with a slightly lower discount rate that marginally enhances the stock's risk adjusted appeal.Analysis Article • Dec 02
Canadian Tire Corporation (TSE:CTC.A) Is Increasing Its Dividend To CA$1.80
Canadian Tire Corporation, Limited ( TSE:CTC.A ) will increase its dividend on the 1st of March to CA$1.80, which is...Narrative Update • Nov 26
CTC.A: Share Buybacks And Margin Improvements Will Support Stability Ahead
Analysts have raised their price target for Canadian Tire Corporation from $174.91 to $180.55. They cite improved profit margin forecasts, even though expectations for revenue growth have moderated.Narrative Update • Oct 31
CTC.A: Operating Expense Clarity Will Dictate Earnings Trajectory And Near-Term Rangebound Trading
Analysts have reduced their price target for Canadian Tire Corporation from C$191 to C$175. They cite increased caution regarding operating expenses and the need for more clarity on future cost initiatives.Narrative Update • Oct 16
Aging Demographics And Rising Expenses Will Dampen Retail Outlook
Analysts have modestly lowered their price target for Canadian Tire Corporation. The fair value estimate has decreased by approximately C$0.73 as expectations for revenue growth and profit margin ease, and caution grows regarding operating expenses and the outlook for key investments.Analysis Article • Sep 16
Is Canadian Tire Corporation, Limited (TSE:CTC.A) Potentially Undervalued?
Canadian Tire Corporation, Limited ( TSE:CTC.A ), might not be a large cap stock, but it saw significant share price...Analysis Article • Aug 29
Canadian Tire Corporation (TSE:CTC.A) Has Some Way To Go To Become A Multi-Bagger
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Analysis Article • Jul 11
Canadian Tire Corporation, Limited's (TSE:CTC.A) Shares Lagging The Market But So Is The Business
When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") above 17x, you may consider...Analysis Article • May 17
An Intrinsic Calculation For Canadian Tire Corporation, Limited (TSE:CTC.A) Suggests It's 25% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, Canadian Tire Corporation fair value estimate is CA$220...
New Narrative • Dec 04
Triangle Rewards And Decisive Partnerships Boost Engagement, Driving Revenue Growth And Margin Expansion
Increased engagement in the Triangle Rewards program is enhancing customer loyalty and could positively impact future revenues.Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Canadian Tire Corporation makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 04 Apr 26 | 16,430 | 655 | 3,091 | 0 |
| 03 Jan 26 | 16,316 | 576 | 3,044 | 0 |
| 27 Sep 25 | 16,807 | 786 | 3,715 | 0 |
| 28 Jun 25 | 16,688 | 816 | 3,641 | 0 |
| 29 Mar 25 | 16,482 | 855 | 3,553 | 0 |
| 28 Dec 24 | 15,516 | 831 | 2,852 | 0 |
| 28 Sep 24 | 15,758 | 639 | 3,301 | 0 |
| 29 Jun 24 | 16,022 | 374 | 3,434 | 0 |
| 30 Mar 24 | 16,282 | 265 | 3,526 | 0 |
| 30 Dec 23 | 16,657 | 213 | 3,621 | 0 |
| 30 Sep 23 | 17,554 | 573 | 3,596 | 0 |
| 01 Jul 23 | 17,532 | 824 | 3,199 | 0 |
| 01 Apr 23 | 17,680 | 870 | 3,275 | 0 |
| 31 Dec 22 | 17,811 | 1,044 | 3,105 | 0 |
| 01 Oct 22 | 17,608 | 1,021 | 3,253 | 0 |
| 02 Jul 22 | 17,292 | 1,080 | 3,344 | 0 |
| 02 Apr 22 | 16,807 | 1,158 | 3,429 | 0 |
| 01 Jan 22 | 16,292 | 1,128 | 3,537 | 0 |
| 02 Oct 21 | 16,029 | 1,108 | 3,438 | 0 |
| 03 Jul 21 | 16,102 | 1,161 | 3,345 | 0 |
| 03 Apr 21 | 15,346 | 917 | 3,258 | 0 |
| 02 Jan 21 | 14,871 | 752 | 3,250 | 0 |
| 26 Sep 20 | 14,313 | 597 | 3,158 | 0 |
| 27 Jun 20 | 13,964 | 498 | 3,141 | 0 |
| 28 Mar 20 | 14,488 | 695 | 3,156 | 0 |
| 28 Dec 19 | 14,534 | 778 | 3,092 | 0 |
| 28 Sep 19 | 14,349 | 699 | 3,091 | 0 |
| 29 Jun 19 | 14,344 | 705 | 3,126 | 0 |
| 30 Mar 19 | 14,138 | 684 | 3,091 | 0 |
| 29 Dec 18 | 14,059 | 692 | 3,102 | 0 |
| 29 Sep 18 | 13,843 | 714 | 3,070 | 0 |
| 30 Jun 18 | 13,477 | 686 | 3,020 | 0 |
| 31 Mar 18 | 13,370 | 726 | 3,003 | 0 |
| 30 Dec 17 | 13,277 | 735 | 2,946 | 0 |
| 30 Sep 17 | 13,002 | 706 | 2,951 | 0 |
| 01 Jul 17 | 12,865 | 706 | 2,952 | 0 |
| 01 Apr 17 | 12,843 | 690 | 2,982 | 0 |
| 31 Dec 16 | 12,681 | 669 | 2,998 | 0 |
| 01 Oct 16 | 12,420 | 648 | 2,919 | 0 |
| 02 Jul 16 | 12,419 | 671 | 2,893 | 0 |
| 02 Apr 16 | 12,324 | 657 | 2,856 | 0 |
| 02 Jan 16 | 12,280 | 659 | 2,821 | 0 |
| 03 Oct 15 | 12,553 | 626 | 2,864 | 0 |
| 04 Jul 15 | 12,496 | 598 | 2,838 | 0 |
Quality Earnings: CTC.A has a large one-off loss of CA$258.3M impacting its last 12 months of financial results to 4th April, 2026.
Growing Profit Margin: CTC.A's current net profit margins (4%) are lower than last year (5.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CTC.A's earnings have declined by 13.6% per year over the past 5 years.
Accelerating Growth: CTC.A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CTC.A had negative earnings growth (-23.1%) over the past year, making it difficult to compare to the Multiline Retail industry average (-1.8%).
Return on Equity
High ROE: CTC.A's Return on Equity (10.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/15 12:59 |
| End of Day Share Price | 2026/05/15 00:00 |
| Earnings | 2026/04/04 |
| Annual Earnings | 2026/01/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Canadian Tire Corporation, Limited is covered by 17 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Marrone | Accountability Research Corporation |
| James Durran | Barclays |
| Etienne Ricard | BMO Capital Markets Equity Research |