Canada Goose Holdings Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Canada Goose Holdings Inc. files with the SEC in its annual reports.

In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	291	404	591	831	958	904	1,098	1,217	1,334	1,348
Cost of revenue	145	192	244	314	365	350	365	402	416	405
Gross profit	146	212	348	517	593	554	734	815	917	943
Selling, general and administrative	100	165	200	302	406	437	574	668	793	779
Operating income	41	40.5	138	197	187	117	160	148	125	164
Pre-tax income	33	30.5	125	183	159	86.1	118	93.5	75.7	128
Income tax	6.47	8.9	29.1	38.9	10.7	15.8	23.1	24.6	17.6	24.5
Net income to minority interests						0	0	-3.8	-0.3	8.8
Net income	26.5	21.6	96.1	144	148	70.3	94.6	72.7	58.4	94.8
EBITDA	45.5	47.1	148	215	238	187	248	248	241	286
EPS, basic	0.26	0.22	0.90	1.31	1.35	0.64	0.87	0.69	0.58	0.98
EPS, diluted	0.26	0.21	0.86	1.28	1.33	0.63	0.87	0.69	0.57	0.97

Balance sheet

	FY2016	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	7.2	9.7	95.3	88.6	31.7	478	288	287	145	334
Receivables		8.71	11.9	20.4	32.3	40.9	42.7	50.9	70.4	82.8
Inventory		125	165	267	412	342	393	473	445	384
Total current assets		163	301	413	532	897	762	863	741	875
Property, plant and equipment		36.5	60.2	84.3	115	117	114	156	172	162
Lease right-of-use assets				0	212	234	215	292	280	280
Goodwill		45.3	45.3	53.1	53.1	53.1	53.1	63.9	70.8	72
Intangible assets		132	137	156	131	125	122	135	135	132
Total assets		381	548	725	1,091	1,479	1,341	1,590	1,482	1,617
Short-term debt				0	0	0	3.8	27.6	9.4	4.3
Total current liabilities		64.3	134	137	209	262	282	352	333	328
Lease liabilities				0	192	210	192	259	251	247
Total liabilities		235	305	326	593	901	913	1,113	1,058	1,060
Retained earnings				280
Shareholders' equity							428	470	417	541
Minority interests							0	8	6.5	15.4
Total equity	143	146	244	399	497	578	428	478	424	557
Total liabilities and equity		381	548	725	1,091	1,479	1,341	1,590	1,482	1,617

Cash flow statement

	FY2016	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	26.5	21.6	96.1	144	148	70.3	94.6	68.9	58.1	104
Depreciation and amortization	4.57	6.6	9.4	18	50.7	69.8	88.7	100	116	122
Cash from operations	-6.44	39.4	126	73.4	51.5	289	152	116	165	292
Capital expenditures	-15.1	-15.8	-26.1	-30.3	-45.3	-26.9	-34.5	-45.2	-54.9	-17.7
Cash from investing	-21.8	-27	-34.4	-82.9	-51.3	-26.9	-37.2	-45.3	-72.4	-18.4
Debt issued				0	0	248
Debt repaid			-8.8	0	0
Share buybacks			0	0	-38.7	0	-253	-26.7	-141	0
Cash from financing	29.6	-9.9	-7.9	3.1	-58.7	197	-298	-80.7	-233	-93.6
Exchange rate effect	0	0	1.7	-0.3	1.6	-12.5	-6.4	8.5	-1	9.1
Net change in cash	1.31	2.5	85.6	-6.7	-56.9	446	-190	-1.2	-142	190
Free cash flow	-21.5	23.6	100	43.1	6.2	262	117	71.1	110	275
Interest paid	7.27	12.3	9.6	10.5	18.5	21	32.3	32.1	42.4	38.8
Income taxes paid	3.67	20.2	7.4	41	52.1	6.8	25.2	37	66.3	5.2

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

Metric	Value	How it is calculated
Gross margin	69.9%	Gross profit / revenue.
Operating margin	12.2%	Operating income / revenue.
EBITDA margin	21.2%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	9.5%	Pre-tax income / revenue.
Net margin	7.0%	Net income / revenue.
FCF margin	20.4%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	21.7%	Cash from operations / revenue.
Effective tax rate	19.1%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	19.8%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	6.1%	Net income / average total assets.
Return on invested capital (ROIC)	55.4%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	57.8%	Selling, general and administrative expense / revenue.
Capex / revenue	1.3%	Capital expenditures / revenue.
D&A / revenue	9.0%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	1.1%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	7.1%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	7.1%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	2.8%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	8.7%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	9.7%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	31.8%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	1.0%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	-2.6%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	18.7%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	4.8%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	3.7%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	62.3%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	0.1%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	-8.5%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	70.2%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	3.7%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	-6.1%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	77.6%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	24.5%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	41.5%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	150.4%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	32.9%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	113.4%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	29.8%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	8.1%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y	9.1%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	6.4%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	8.2%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	2.67x	Current assets / current liabilities.
Quick ratio	1.27x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	1.02x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	65.6%	Total liabilities / total assets.
Working capital	CA$546.8M	Current assets - current liabilities.
Goodwill and intangibles / assets	12.6%	(Goodwill + intangible assets) / total assets.
Tangible book value	CA$337.3M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.87x	Revenue / average total assets.
Fixed asset turnover	8.09x	Revenue / average property, plant and equipment.
Inventory turnover	0.98x	Cost of revenue / average inventory.
Days inventory	373 days	365 x average inventory / cost of revenue.
Receivables turnover	17.6x	Revenue / average receivables.
Days sales outstanding	21 days	365 x average receivables / revenue.
FCF conversion	289.8%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	6.1%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	CA$0.97	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	CA$0.98	Net income per basic share, as reported (split-adjusted).
Buybacks / FCF	0.0%	Share buybacks / free cash flow, when free cash flow is positive.

What was Canada Goose Holdings Inc.'s revenue in fiscal 2025?

Canada Goose Holdings Inc. reported revenue of CA$1.35B for fiscal 2025, 1.1% higher than the year before.

Was Canada Goose Holdings Inc. profitable in fiscal 2025?

Yes. Net income was CA$94.8M, a net margin of 7%.

How much free cash flow did Canada Goose Holdings Inc. generate in fiscal 2025?

Cash from operations of CA$292.4M minus capital expenditures of CA$17.7M left free cash flow of CA$274.7M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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