Balance Sheet Parkland

Equities

PKI

CA70137W1086

Delayed Toronto S.E. Other stock markets 16:00:00 2025-11-04 EST			5-day change	1st Jan Change
39.84 ^CAD	-0.35%		-.--%	-

11-10	Sunoco LP Announces Expiration and Final Results of Private Exchange Offers and Consent Solicitations for Outstanding Notes of Parkland Corporation	CI
11-03	Sunoco Completes Parkland Acquisition	MT

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Published financial data: PARKLAND

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	14.01B	21.47B	35.46B	32.45B	28.3B
Total Revenues	14.01B	21.47B	35.46B	32.45B	28.3B
Cost of Goods Sold, Total	11.68B	18.51B	31.44B	28.48B	24.73B
Gross Profit	2.34B	2.96B	4.02B	3.97B	3.57B
Selling General & Admin Expenses, Total	1.32B	1.52B	2.03B	2.2B	2.01B
Stock-Based Compensation (IS)	-	-1M	-2M	5M	-2M
Depreciation & Amortization - (IS)	609M	616M	743M	823M	825M
Other Operating Expenses	-41M	124M	375M	-85M	-28M
Other Operating Expenses, Total	1.88B	2.26B	3.14B	2.94B	2.8B
Operating Income	451M	692M	876M	1.02B	771M
Interest Expense, Total	-233M	-223M	-295M	-352M	-345M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-233M	-223M	-295M	-352M	-345M
Income (Loss) On Equity Invest.	8M	16M	21M	15M	8M
Currency Exchange Gains (Loss)	-5M	10M	-8M	-3M	-16M
Other Non Operating Income (Expenses)	-16M	-236M	-65M	-86M	-143M
EBT, Excl. Unusual Items	205M	259M	529M	598M	275M
Restructuring Charges	-29M	-5M	-16M	-11M	-68M
Merger & Related Restructuring Charges	-20M	-38M	-95M	-93M	-58M
Gain (Loss) On Sale Of Assets	-2M	13M	-	14M	15M
Asset Writedown	-	-	-	-	-37M
Other Unusual Items	-	-67M	-2M	-	-
EBT, Incl. Unusual Items	154M	162M	416M	508M	127M
Income Tax Expense	42M	36M	70M	37M	0
Earnings From Continuing Operations	112M	126M	346M	471M	127M
Net Income to Company	112M	126M	346M	471M	127M
Minority Interest	-30M	-29M	-36M	-	-
Net Income - (IS)	82M	97M	310M	471M	127M
Net Income to Common Incl Extra Items	82M	97M	310M	471M	127M
Net Income to Common Excl. Extra Items	82M	97M	310M	471M	127M
Per Share Items
Net EPS - Basic	0.55	0.64	1.94	2.68	0.73
Basic EPS - Continuing Operations	0.55	0.64	1.94	2.68	0.73
Basic Weighted Average Shares Outstanding	149M	151M	160M	176M	174M
Net EPS - Diluted	0.54	0.64	1.92	2.63	0.72
Diluted EPS - Continuing Operations	0.54	0.64	1.92	2.63	0.72
Diluted Weighted Average Shares Outstanding	151M	152M	161M	179M	177M
Normalized Basic EPS	0.66	0.88	1.84	2.13	0.99
Normalized Diluted EPS	0.65	0.87	1.83	2.09	0.97
Dividend Per Share	1.21	1.23	1.29	1.36	1.4
Payout Ratio	165.85	136.08	39.03	50.32	191.34
Distributable Cash per Share	-	-	-	-	-
Distributable Cash Shares (Basic)	-	-	-	-	-
Distributable Cash Payout Ratio (Income Trusts)	-	-	-	28.3	39.55
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	885M	1.15B	1.43B	1.59B	1.28B
EBITA	563M	817M	1.05B	1.2B	926M
EBIT	451M	692M	876M	1.02B	771M
EBITDAR	971M	1.22B	1.51B	1.66B	1.34B
Effective Tax Rate - (Ratio)	27.27	22.22	16.83	7.28	0
Total Current Taxes	32M	43M	90M	75M	55M
Total Deferred Taxes	10M	-7M	-20M	-38M	-55M
Normalized Net Income	98.12M	133M	295M	374M	172M
Distributable Cash	-	-	-	848M	617M
Interest on Long-Term Debt	233M	233M	257M	352M	345M
Supplemental Operating Expense Items
Net Rental Expense, Total	86M	69M	81M	73M	55M
Imputed Operating Lease Interest Expense	38.15M	25.33M	30.52M	30.84M	23.36M
Imputed Operating Lease Depreciation	47.85M	43.67M	50.48M	42.16M	31.64M
Maintenance & Repair Expenses, Total	-	-	-	-	142M
Stock-Based Comp., SG&A Exp. (Total)	26M	28M	27M	29M	2M
Stock-Based Comp., Other (Total)	-	-1M	-2M	5M	29M
Total Stock-Based Compensation	26M	27M	25M	34M	31M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	262M	284M	653M	387M	385M
Trading Asset Securities, Total	-	-	-	3M	-
Total Cash And Short Term Investments	262M	284M	653M	390M	385M
Accounts Receivable, Total	610M	1.1B	1.57B	1.38B	1.16B
Other Receivables	216M	294M	317M	316M	421M
Total Receivables	826M	1.4B	1.89B	1.69B	1.58B
Inventory	650M	1.26B	1.74B	1.76B	1.51B
Prepaid Expenses	59M	97M	109M	75M	93M
Restricted Cash	34M	42M	63M	-	-
Other Current Assets, Total	47M	40M	118M	406M	910M
Total Current Assets	1.88B	3.13B	4.57B	4.32B	4.48B
Gross Property Plant And Equipment	5.3B	6.26B	7.45B	7.79B	8.02B
Accumulated Depreciation	-1.5B	-1.83B	-2.31B	-2.6B	-2.99B
Net Property Plant And Equipment	3.81B	4.43B	5.14B	5.19B	5.03B
Long-term Investments	158M	319M	342M	326M	344M
Goodwill	1.86B	2.19B	2.48B	2.42B	2.43B
Other Intangibles, Total	949M	1.08B	1.36B	1.19B	1.15B
Loans Receivable Long-Term	-	-	-	-	100M
Deferred Tax Assets Long-Term	163M	196M	197M	201M	279M
Deferred Charges Long-Term	-	-	-	67M	75M
Other Long-Term Assets, Total	276M	205M	195M	158M	158M
Total Assets	9.09B	11.55B	14.29B	13.87B	14.04B
Liabilities
Accounts Payable, Total	1.21B	1.95B	2.81B	2.83B	2.61B
Accrued Expenses, Total	2M	4M	1M	6M	2M
Short-term Borrowings	189M	-	-	-	-
Current Portion of Long-Term Debt	6M	3M	1M	1M	-
Current Portion of Leases	108M	121M	172M	190M	261M
Current Income Taxes Payable	19M	64M	22M	26M	21M
Unearned Revenue Current, Total	19M	23M	36M	19M	25M
Other Current Liabilities	70M	88M	248M	279M	460M
Total Current Liabilities	1.62B	2.25B	3.29B	3.35B	3.38B
Long-Term Debt	3.46B	4.89B	6.14B	5.31B	5.59B
Long-Term Leases	398M	542M	656M	858M	793M
Pension & Other Post Retirement Benefits	39M	29M	31M	24M	26M
Deferred Tax Liability Non Current	306M	337M	414M	365M	383M
Other Non Current Liabilities	997M	1.17B	721M	778M	707M
Total Liabilities	6.83B	9.22B	11.25B	10.68B	10.88B
Common Stock, Total	2.44B	2.59B	3.24B	3.26B	3.24B
Additional Paid In Capital	50M	59M	73M	90M	56M
Retained Earnings	-49M	-142M	-206M	9M	-146M
Comprehensive Income and Other	-522M	-533M	-67M	-175M	18M
Total Common Equity	1.92B	1.97B	3.04B	3.18B	3.17B
Minority Interest	347M	362M	-	-	-
Total Equity	2.27B	2.33B	3.04B	3.18B	3.17B
Total Liabilities And Equity	9.09B	11.55B	14.29B	13.87B	14.04B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	150M	154M	175M	175M	174M
ECS Total Common Shares Outstanding	150M	154M	175M	176M	174M
Book Value / Share	12.79	12.78	17.31	18.1	18.2
Tangible Book Value	-894M	-1.3B	-802M	-423M	-412M
Tangible Book Value Per Share	-5.96	-8.46	-4.57	-2.41	-2.37
Total Debt	4.16B	5.56B	6.97B	6.36B	6.64B
Net Debt	3.9B	5.27B	6.32B	5.97B	6.26B
Debt Equivalent Oper. Leases	688M	552M	648M	584M	440M
Minority Interest, Total (Incl. Fin. Div)	347M	362M	-	-	-
Equity Method Investments, Total	158M	319M	342M	326M	344M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	565M	1.23B	1.74B	1.76B	1.51B
Inventories - Others	85M	36M	-	-	-
Land - (BS)	984M	1.17B	1.38B	1.32B	1.16B
Buildings, Total	601M	771M	850M	883M	864M
Machinery, Total	2.63B	2.94B	3.47B	3.61B	3.7B
Full Time Employees	-	-	-	-	-
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	24M	25M	35M	42M	41M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	82M	97M	310M	471M	127M
Depreciation & Amortization - CF	487M	483M	552M	633M	648M
Amortization of Goodwill and Intangible Assets - (CF)	112M	125M	176M	173M	155M
Depreciation & Amortization, Total	599M	608M	728M	806M	803M
Amortization of Deferred Charges, Total - (CF)	10M	8M	15M	17M	22M
(Gain) Loss From Sale Of Asset	2M	-13M	-	-	-
(Income) Loss On Equity Investments - (CF)	-8M	-16M	-21M	-15M	-8M
Stock-Based Compensation (CF)	25M	27M	25M	26M	31M
Other Operating Activities, Total	44M	535M	408M	351M	422M
Change In Accounts Receivable	299M	-537M	-392M	152M	111M
Change In Inventories	147M	-475M	-266M	-20M	245M
Change In Accounts Payable	-192M	625M	568M	69M	-247M
Change in Unearned Revenues	-4M	4M	11M	-16M	7M
Change In Income Taxes	-70M	78M	-48M	-29M	-5M
Change in Other Net Operating Assets	-	-37M	-12M	-32M	27M
Cash from Operations	934M	904M	1.33B	1.78B	1.54B
Capital Expenditure	-345M	-396M	-503M	-482M	-575M
Sale of Property, Plant, and Equipment	16M	14M	8M	52M	57M
Cash Acquisitions	-209M	-1.04B	-729M	-	-
Investment in Marketable and Equity Securities, Total	10M	-92M	-3M	-	-17M
Other Investing Activities, Total	13M	4M	0	-86M	11M
Cash from Investing	-515M	-1.51B	-1.23B	-516M	-524M
Long-Term Debt Issued, Total	480M	3.18B	973M	2M	707M
Total Debt Issued	480M	3.18B	973M	2M	707M
Long-Term Debt Repaid, Total	-574M	-1.92B	-217M	-983M	-1.06B
Total Debt Repaid	-574M	-1.92B	-217M	-983M	-1.06B
Issuance of Common Stock	-	22.67M	11M	22M	5M
Repurchase of Common Stock	-	-	-40M	-26M	-123M
Common Dividends Paid	-136M	-132M	-121M	-237M	-243M
Common & Preferred Stock Dividends Paid	-136M	-132M	-121M	-237M	-243M
Other Financing Activities, Total	-137M	-495M	-330M	-351M	-329M
Cash from Financing	-367M	655M	276M	-1.57B	-1.04B
Foreign Exchange Rate Adjustments	-13M	-16M	15M	-20M	29M
Net Change in Cash	39M	30M	390M	-329M	-2M
Supplemental Items
Maintenance CAPEX	-	-	-	285M	279M
Cash Interest Paid	236M	227M	293M	351M	329M
Cash Income Tax Paid (Refund)	102M	-35M	138M	104M	60M
Levered Free Cash Flow	613M	120M	534M	768M	347M
Unlevered Free Cash Flow	759M	260M	718M	988M	563M
Change In Net Working Capital	-187M	420M	94M	27M	200M
Net Debt Issued / Repaid	-94M	1.26B	756M	-981M	-352M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.07	4.19	4.24	4.55	3.45
Return on Total Capital	4.34	6.04	6.12	6.55	4.98
Return On Equity %	4.9	5.48	12.89	15.15	4
Return on Common Equity	4.23	4.99	12.38	15.15	4
Margin Analysis
Gross Profit Margin %	16.67	13.77	11.34	12.23	12.63
SG&A Margin	9.4	7.1	5.72	6.78	7.09
EBITDA Margin %	6.32	5.37	4.02	4.89	4.54
EBITA Margin %	4.02	3.81	2.97	3.69	3.27
EBIT Margin %	3.22	3.22	2.47	3.16	2.72
Income From Continuing Operations Margin %	0.8	0.59	0.98	1.45	0.45
Net Income Margin %	0.59	0.45	0.87	1.45	0.45
Net Avail. For Common Margin %	0.59	0.45	0.87	1.45	0.45
Normalized Net Income Margin	0.7	0.62	0.83	1.15	0.61
Levered Free Cash Flow Margin	4.38	0.56	1.51	2.37	1.23
Unlevered Free Cash Flow Margin	5.42	1.21	2.03	3.04	1.99
Asset Turnover
Asset Turnover	1.52	2.08	2.74	2.31	2.03
Fixed Assets Turnover	3.71	5.21	7.41	6.28	5.54
Receivables Turnover (Average Receivables)	18.63	25.04	26.52	22.03	22.33
Inventory Turnover (Average Inventory)	16.33	19.09	20.89	16.26	15.13
Short Term Liquidity
Current Ratio	1.16	1.39	1.39	1.29	1.32
Quick Ratio	0.67	0.75	0.77	0.62	0.58
Operating Cash Flow to Current Liabilities	0.57	0.4	0.4	0.53	0.45
Days Sales Outstanding (Average Receivables)	19.64	14.58	13.76	16.57	16.39
Days Outstanding Inventory (Average Inventory)	22.41	19.12	17.47	22.44	24.19
Average Days Payable Outstanding	40.74	30.21	27.19	36.09	40.69
Cash Conversion Cycle (Average Days)	1.32	3.49	4.04	2.92	-0.1
Long Term Solvency
Total Debt/Equity	183.76	238.25	229.57	199.87	209.76
Total Debt / Total Capital	64.76	70.44	69.66	66.65	67.72
LT Debt/Equity	170.39	232.93	223.87	193.87	201.52
Long-Term Debt / Total Capital	60.05	68.86	67.93	64.65	65.06
Total Liabilities / Total Assets	75.08	79.81	78.74	77.06	77.46
EBIT / Interest Expense	1.94	3.1	2.97	2.91	2.23
EBITDA / Interest Expense	4.51	5.83	5.44	5.2	4.56
(EBITDA - Capex) / Interest Expense	3.03	4.05	3.73	3.83	2.9
Total Debt / EBITDA	3.97	4.27	4.35	3.47	4.22
Net Debt / EBITDA	3.72	4.06	3.94	3.26	3.97
Total Debt / (EBITDA - Capex)	5.91	6.15	6.33	4.72	6.65
Net Debt / (EBITDA - Capex)	5.53	5.83	5.74	4.43	6.26
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-24.07	53.22	65.19	-8.49	-12.79
Gross Profit, 1 Yr. Growth %	-17.63	26.54	36.03	-1.32	-6.83
EBITDA, 1 Yr. Growth %	-25.13	38.42	23.76	11.28	-19.08
EBITA, 1 Yr. Growth %	-35.8	59.88	28.76	13.78	-22.64
EBIT, 1 Yr. Growth %	-40.66	73.43	26.59	16.89	-24.71
Earnings From Cont. Operations, 1 Yr. Growth %	-72.95	12.5	174.6	36.13	-73.04
Net Income, 1 Yr. Growth %	-78.53	18.29	219.59	51.94	-73.04
Normalized Net Income, 1 Yr. Growth %	-72.69	98.69	104.42	29.33	-52.91
Diluted EPS Before Extra, 1 Yr. Growth %	-78.82	18.52	200	36.98	-72.62
Accounts Receivable, 1 Yr. Growth %	-31.77	81.15	41.99	-12.24	-15.9
Inventory, 1 Yr. Growth %	-16.67	87.69	37.94	0.74	-14.05
Net Property, Plant and Equip., 1 Yr. Growth %	1.57	16.37	16.08	0.91	-3.01
Total Assets, 1 Yr. Growth %	-2.04	27.01	23.71	-2.95	1.28
Tangible Book Value, 1 Yr. Growth %	9.29	45.86	-38.5	-47.26	-2.6
Common Equity, 1 Yr. Growth %	-1.99	2.66	54.16	4.74	-0.47
Cash From Operations, 1 Yr. Growth %	4.12	-22.74	46.68	34.24	-13.76
Capital Expenditures, 1 Yr. Growth %	-29.45	12.18	27.02	-4.18	19.29
Levered Free Cash Flow, 1 Yr. Growth %	140.73	-78.99	344.64	28.62	-54.79
Unlevered Free Cash Flow, 1 Yr. Growth %	91.64	-63.83	176.88	26.42	-43.03
Dividend Per Share, 1 Yr. Growth %	1.71	1.68	4.69	5.5	2.94
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.5	7.86	59.09	22.95	-10.66
Gross Profit, 2 Yr. CAGR %	7.62	2.09	31.2	15.86	-5.72
EBITDA, 2 Yr. CAGR %	-0.06	-1.11	30.88	17.36	-5.11
EBITA, 2 Yr. CAGR %	-7.92	-3.32	43.48	21.04	-6.18
EBIT, 2 Yr. CAGR %	-12.64	-4.39	48.17	21.65	-6.18
Earnings From Cont. Operations, 2 Yr. CAGR %	-26.26	-44.83	75.76	93.34	-39.42
Net Income, 2 Yr. CAGR %	-36.91	-49.61	94.43	120.36	-35.99
Normalized Net Income, 2 Yr. CAGR %	-35.21	-39.18	109.9	61.04	-22.88
Diluted EPS Before Extra, 2 Yr. CAGR %	-40.59	-49.9	88.56	102.72	-38.76
Accounts Receivable, 2 Yr. CAGR %	7.89	11.18	60.38	11.63	-14.09
Inventory, 2 Yr. CAGR %	29.27	27.35	60.9	17.89	-6.95
Net Property, Plant and Equip., 2 Yr. CAGR %	29.57	8.72	16.22	8.23	-1.07
Total Assets, 2 Yr. CAGR %	26.74	11.54	25.35	9.57	-0.86
Tangible Book Value, 2 Yr. CAGR %	102.51	26.26	-5.29	-43.05	-28.33
Common Equity, 2 Yr. CAGR %	3.22	0.31	25.8	27.07	2.1
Cash From Operations, 2 Yr. CAGR %	42.34	0.39	6.46	40.32	7.59
Capital Expenditures, 2 Yr. CAGR %	10.02	-10.01	19.37	10.33	6.92
Levered Free Cash Flow, 2 Yr. CAGR %	74.35	-31.48	-3.35	152.85	-23.74
Unlevered Free Cash Flow, 2 Yr. CAGR %	63.94	-19.16	0.08	95.12	-15.13
Dividend Per Share, 2 Yr. CAGR %	1.72	1.7	3.18	5.09	4.21
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	13.59	14.13	24.33	32.31	9.65
Gross Profit, 3 Yr. CAGR %	29.33	13.59	12.34	19.32	6.53
EBITDA, 3 Yr. CAGR %	29.98	9.18	6.57	23.99	3.68
EBITA, 3 Yr. CAGR %	24.46	7.16	6.37	32.81	4.26
EBIT, 3 Yr. CAGR %	23.23	5.4	4.99	36.91	3.67
Earnings From Cont. Operations, 3 Yr. CAGR %	10.95	-15.11	-5.81	61.41	0.26
Net Income, 3 Yr. CAGR %	0	-22.2	-6.72	79.09	9.4
Normalized Net Income, 3 Yr. CAGR %	0.65	-17.16	-6.4	77.46	6.05
Diluted EPS Before Extra, 3 Yr. CAGR %	-7.85	-25.21	-9.03	69.51	4
Accounts Receivable, 3 Yr. CAGR %	4.21	28.24	20.62	31.18	1.57
Inventory, 3 Yr. CAGR %	17.76	48.15	30.79	37.65	6.1
Net Property, Plant and Equip., 3 Yr. CAGR %	21.73	25.01	11.12	10.88	4.35
Total Assets, 3 Yr. CAGR %	18.89	26.83	15.46	15.1	6.73
Tangible Book Value, 3 Yr. CAGR %	44.71	81.53	-0.66	-22.08	-31.89
Common Equity, 3 Yr. CAGR %	5.27	3.03	15.76	18.35	17.13
Cash From Operations, 3 Yr. CAGR %	52.76	25.17	13.92	15.01	19.3
Capital Expenditures, 3 Yr. CAGR %	52.64	11.59	0.95	10.94	13.24
Levered Free Cash Flow, 3 Yr. CAGR %	18.76	-15.87	27.8	10.34	42.45
Unlevered Free Cash Flow, 3 Yr. CAGR %	21.93	-2.78	21.85	11.26	29.45
Dividend Per Share, 3 Yr. CAGR %	1.71	1.71	2.69	3.94	4.37
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	17.34	27.93	29.98	17.58	8.93
Gross Profit, 5 Yr. CAGR %	30.11	32.76	30.07	14.49	4.73
EBITDA, 5 Yr. CAGR %	33.63	36.63	28.77	12.38	1.74
EBITA, 5 Yr. CAGR %	31.81	36.68	29.22	12.51	1.16
EBIT, 5 Yr. CAGR %	31.66	37.89	29.45	11.62	0.37
Earnings From Cont. Operations, 5 Yr. CAGR %	23.18	21.7	33.37	17.99	-21.05
Net Income, 5 Yr. CAGR %	15.73	15.5	30.47	17.99	-19.77
Normalized Net Income, 5 Yr. CAGR %	12.02	16.19	25.08	9.84	-13.71
Diluted EPS Before Extra, 5 Yr. CAGR %	3.71	5.49	22.71	11.44	-22.35
Accounts Receivable, 5 Yr. CAGR %	21.01	27.88	23.82	21.32	5.31
Inventory, 5 Yr. CAGR %	40.82	50.34	34.39	35.21	14.14
Net Property, Plant and Equip., 5 Yr. CAGR %	51.91	51.55	19.5	18.01	6.07
Total Assets, 5 Yr. CAGR %	37.97	35.15	21.43	19.62	8.63
Tangible Book Value, 5 Yr. CAGR %	62.25	100.84	22.14	14.18	-12.82
Common Equity, 5 Yr. CAGR %	18.75	19.63	13.05	12.05	10.09
Cash From Operations, 5 Yr. CAGR %	33.12	40.47	38.31	31.02	11.34
Capital Expenditures, 5 Yr. CAGR %	36.43	33.13	38.98	11.08	3.29
Levered Free Cash Flow, 5 Yr. CAGR %	21.6	-8.99	7.85	30.65	6.3
Unlevered Free Cash Flow, 5 Yr. CAGR %	24.91	8.69	11.41	28.47	7.23
Dividend Per Share, 5 Yr. CAGR %	2.38	1.82	2.29	3.05	3.29