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Canadian Utilities CU.TO · CAD

Utilities · Toronto Stock Exchange · 🇨🇦 Canada

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52.02

-0.33%

Close of 9 Nov 2026, in CAD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CAD, from our data supplier.

FY2025

Revenue

C$3.69bn

FY2016FY2025

Net income

C$119.0m

FY2016FY2025

Free cash flow

C$103.0m

FY2016FY2025

Shareholders' equity

C$6.38bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueC$3.69bnC$3.74bnC$3.80bnC$4.05bnC$3.52bnC$3.23bnC$3.90bnC$4.38bnC$4.08bnC$3.40bn
Gross profitC$914.0mC$1.44bnC$1.45bnC$1.72bnC$1.36bnC$1.32bnC$1.74bnC$1.89bnC$1.83bnC$1.69bn
Operating incomeC$572.0mC$1.05bnC$1.20bnC$1.16bnC$912.0mC$956.0mC$1.27bnC$1.32bnC$1.10bnC$1.22bn
Net incomeC$119.0mC$480.0mC$707.0mC$632.0mC$393.0mC$427.0mC$951.0mC$634.0mC$514.0mC$620.0m
Diluted earnings per share0.441.772.612.351.461.573.482.321.892.31

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsC$24.54bnC$23.79bnC$23.16bnC$21.97bnC$21.07bnC$20.30bnC$20.04bnC$21.82bnC$20.82bnC$18.78bn
Cash and short-term investmentsC$921.0mC$332.0mC$356.0mC$698.0mC$746.0mC$776.0mC$973.0mC$545.0mC$382.0mC$321.0m
Total liabilitiesC$17.94bnC$16.67bnC$16.00bnC$14.91bnC$14.25bnC$13.49bnC$13.12bnC$15.26bnC$14.36bnC$12.36bn
DebtC$12.38bnC$11.11bnC$10.59bnC$9.59bnC$9.57bnC$9.11bnC$9.02bnC$10.48bnC$9.92bnC$8.38bn
Shareholders' equityC$6.38bnC$6.91bnC$6.94bnC$6.88bnC$6.63bnC$6.62bnC$6.73bnC$6.38bnC$6.28bnC$6.22bn
Shares outstanding272m272m271m269m269m272m273m273m271m269m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsC$1.54bnC$1.92bnC$1.33bnC$2.14bnC$1.72bnC$1.63bnC$1.36bnC$870.0mC$1.31bnC$1.62bn
Capital spending−C$1.44bn−C$1.59bn−C$1.34bn−C$1.37bn−C$1.22bn−C$890.0m−C$1.11bn−C$1.14bn−C$1.22bn−C$1.29bn
Free cash flowC$103.0mC$322.0m−C$12.0mC$771.0mC$497.0mC$741.0mC$246.0m−C$266.0mC$95.0mC$329.0m
Dividends paid−C$575.0m−C$550.0m−C$535.0m−C$535.0m−C$541.0m−C$544.0m−C$529.0m−C$432.0m−C$363.0m−C$364.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueC$914.0mC$1.08bnC$971.0mC$792.0mC$842.0mC$1.08bnC$981.0mC$810.0m
Gross profitC$346.0mC$474.0m−C$165.0mC$283.0mC$313.0mC$483.0mC$402.0mC$301.0m
Operating incomeC$271.0mC$393.0m−C$254.0mC$301.0mC$252.0mC$391.0mC$487.0mC$27.0m
Net incomeC$128.0mC$224.0m−C$328.0mC$100.0mC$111.0mC$236.0mC$164.0mC$12.0m
Diluted earnings per share0.470.82-1.210.370.410.870.600.04
Cash from operationsC$410.0mC$468.0mC$378.0mC$339.0mC$441.0mC$637.0mC$525.0mC$419.0m
Capital spending−C$348.0m−C$306.0m−C$366.0m−C$355.0m−C$374.0m−C$396.0m−C$555.0m−C$409.0m
Free cash flowC$62.0mC$162.0mC$12.0m−C$16.0mC$67.0mC$241.0m−C$30.0mC$10.0m
Total assetsC$24.60bnC$24.51bnC$24.54bnC$24.67bnC$23.88bnC$24.12bnC$23.79bnC$23.27bn
Cash and short-term investmentsC$490.0mC$602.0mC$921.0mC$898.0mC$401.0mC$573.0mC$332.0mC$390.0m
DebtC$12.09bnC$12.09bnC$12.39bnC$12.07bnC$11.36bnC$11.31bnC$11.11bnC$10.89bn
Shareholders' equityC$6.57bnC$6.53bnC$6.38bnC$6.95bnC$6.98bnC$7.00bnC$6.91bnC$6.88bn

Financial ratios

Data as of 3 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin24.8%38.5%38.3%42.4%38.6%40.9%
Operating margin15.5%28.1%31.6%28.7%25.9%29.6%
Net margin3.2%12.8%18.6%15.6%11.2%13.2%
Return on equity1.9%6.9%10.2%9.2%5.9%6.4%
Return on assets0.5%2.0%3.1%2.9%1.9%2.1%
Free cash flow yield21.3%25.2%19.1%25.3%21.2%18.0%
Revenue growth-1.4%-1.4%-6.2%15.2%8.7%-17.2%
Earnings growth-75.2%-32.1%11.9%60.8%-8.0%-55.1%
Current ratio1.56x1.10x1.01x1.42x1.22x1.82x
Debt to equity1.93x1.60x1.52x1.39x1.44x1.37x
Equity ratio26.0%29.0%30.0%31.3%31.5%32.6%
Interest coverage1.14x2.08x2.65x2.90x2.27x2.47x
Buybacks as a share of market value-0.2%-0.2%-0.5%-0.0%1.1%0.3%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-3.0%2.7%1.2%
Operating income-21.0%-9.8%-4.8%
Net income-42.7%-22.5%-10.3%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin31.7%36.2%37.3%41.0%
Operating margin21.8%26.1%26.6%28.5%
Net margin8.1%12.7%12.5%14.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings97.719.712.215.625.119.811.313.519.815.7
Price to sales3.12.52.32.42.82.62.71.92.52.9

Dividends and splits

Per share, in the currency the company pays

Paid for 36 years. Last went ex-dividend on 6 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.3861.8311.8121.7941.7771.7591.7421.691
  • 2-for-1 split · 17 Jun 2013
  • 2-for-1 split · 25 Aug 2005

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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