Canadian Tire Corporation Ltd
TSX:CTC.A

Watchlist Manager
Canadian Tire Corporation Ltd Logo
Canadian Tire Corporation Ltd
TSX:CTC.A
Watchlist
Price: 152.11 CAD -0.87% Market Closed
Market Cap: 8.7B CAD
Have any thoughts about
Canadian Tire Corporation Ltd?
Write Note

Gross Margin
Canadian Tire Corporation Ltd

34.5%
Current
35%
Average
32.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
34.5%
=
Gross Profit
5.6B
/
Revenue
16.3B

Gross Margin Across Competitors

Country CA
Market Cap 8.5B CAD
Gross Margin
35%
Country US
Market Cap 60.8B USD
Gross Margin
28%
Country AU
Market Cap 81.2B AUD
Gross Margin
35%
Country CA
Market Cap 39.7B CAD
Gross Margin
45%
Country US
Market Cap 16.4B USD
Gross Margin
30%
Country US
Market Cap 15.8B USD
Gross Margin
31%
Country JP
Market Cap 2.4T JPY
Gross Margin
32%
Country CN
Market Cap 60.4B HKD
Gross Margin
44%
Country US
Market Cap 7.3B USD
Gross Margin
40%
Country JP
Market Cap 919.6B JPY
Gross Margin
51%
Country LU
Market Cap 3.7B GBP
Gross Margin
37%
No Stocks Found

Canadian Tire Corporation Ltd
Glance View

Market Cap
8.5B CAD
Industry
Retail
Economic Moat
None

Canadian Tire Corporation Ltd. is a fascinating narrative of evolution within the retail landscape, a journey that ties together heritage and innovation in Canadian commerce. Founded in 1922, this corporation began as a modest tire business and gradually morphed into an indispensable player in Canada’s retail market. Its flagship brand, Canadian Tire, is known as a multifaceted retailer selling a broad range of products—from automotive parts to home goods, sports equipment, and outdoor gear. The company’s agility is evident in its strategic approach, blending physical stores with a robust e-commerce platform, ensuring it maintains a strong presence in both urban and rural areas across the country. This strategy not only captures the essence of the brand's historical roots but also pivots towards the future by adapting to changing consumer behaviors and technological advancements. Supported by a comprehensive ecosystem, Canadian Tire Corporation harnesses the synergy of its diverse brands which include Mark's, Sport Chek, Atmosphere, and PartSource. Each brand plays a critical role in the company’s growth by targeting specific market niches and drawing diverse customer segments under one corporate umbrella. Financially, the company thrives on a mixed revenue model: retail operations buttressed by a thriving financial services arm. Canadian Tire Bank offers credit-related products, becoming a vital touchpoint for consumer engagement and loyalty. The Triangle Rewards program seamlessly integrates these elements, increasing customer retention across its brands and fueling repeat purchases. This synergy not only fortifies their competitive edge but also solidifies Canadian Tire's status as a retail stalwart in Canada, adeptly navigating through challenges and maintaining its stronghold in a fragmented retail market.

CTC.A Intrinsic Value
266.33 CAD
Undervaluation 43%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
34.5%
=
Gross Profit
5.6B
/
Revenue
16.3B
What is the Gross Margin of Canadian Tire Corporation Ltd?

Based on Canadian Tire Corporation Ltd's most recent financial statements, the company has Gross Margin of 34.5%.