
Last update at 2026-06-03T20:00:00Z
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CCL Industries' (TSE:CCL.B) Dividend Will Be CA$0.32
Tue 13 May 25, 11:23 AMCCL Industries First Quarter 2025 Earnings: Beats Expectations
Sun 11 May 25, 01:40 PMCCL Industries Inc. Just Beat EPS By 9.4%: Here's What Analysts Think Will Happen Next
Sat 10 May 25, 12:51 PMCCL Industries Announces 2025 Annual and Special Shareholders' Meeting Results
Fri 09 May 25, 09:00 PMCCL Industries Announces Record Results for 2025 First Quarter
Wed 07 May 25, 09:30 PMInvesting in CCL Industries (TSE:CCL.B) five years ago would have delivered you a 107% gain
Wed 12 Mar 25, 10:32 AMCCL Industries' (TSE:CCL.B) Upcoming Dividend Will Be Larger Than Last Year's
Tue 25 Feb 25, 12:21 PMCCL Industries Full Year 2024 Earnings: In Line With Expectations
Sun 23 Feb 25, 02:33 PM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 806.00M | 780.60M | 693.50M | 637.00M | 622.80M |
| Minority interest | - | - | - | - | - |
| Net income | 622.70M | 599.10M | 529.70M | 477.10M | 466.80M |
| Selling general administrative | 852.60M | 761.40M | 725.40M | 774.60M | 785.80M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 1715.20M | 1592.10M | 1502.20M | 1512.20M | 1498.80M |
| Reconciled depreciation | 365.30M | 342.40M | 346.40M | 329.60M | 278.00M |
| Ebit | 895.40M | 849.60M | 787.30M | 741.70M | 715.70M |
| Ebitda | 1260.70M | 1192.00M | 1133.70M | 1071.30M | 993.70M |
| Depreciation and amortization | 365.30M | 342.40M | 346.40M | 329.60M | 278.00M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 895.40M | 849.60M | 787.30M | 741.70M | 713.00M |
| Other operating expenses | 5519.60M | 4902.10M | 4465.50M | 4583.70M | 4448.50M |
| Interest expense | 77.70M | 64.60M | 74.30M | 93.00M | 92.90M |
| Tax provision | 183.30M | 181.50M | 163.80M | 159.90M | 156.00M |
| Interest income | 12.90M | 7.70M | 9.10M | 12.00M | 12.20M |
| Net interest income | -64.80000M | -56.90000M | -65.20000M | -81.00000M | -80.70000M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 183.30M | 181.50M | 163.80M | 159.90M | 156.00M |
| Total revenue | 6382.20M | 5732.80M | 5242.30M | 5321.30M | 5161.50M |
| Total operating expenses | 852.60M | 761.40M | 725.40M | 774.60M | 785.80M |
| Cost of revenue | 4667.00M | 4140.70M | 3740.10M | 3809.10M | 3662.70M |
| Total other income expense net | -89.40000M | -69.00000M | -93.80000M | -104.70000M | -9.50000M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 622.70M | 599.10M | 529.70M | 477.10M | 466.80M |
| Net income applicable to common shares | 622.70M | 599.10M | 529.70M | 477.10M | 466.80M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 8664.40M | 7627.80M | 7336.70M | 7038.00M | 7027.60M |
| Intangible assets | 1018.30M | 991.10M | 1007.60M | 1028.70M | 1138.90M |
| Earning assets | - | - | - | - | - |
| Other current assets | 58.00M | 54.50M | 39.10M | 45.00M | 42.90M |
| Total liab | 4399.20M | 3880.80M | 4054.50M | 4140.30M | 4354.50M |
| Total stockholder equity | 4265.20M | 3747.00M | 3282.20M | 2897.70M | 2673.10M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 568.70M | 587.80M | 542.80M | 496.70M | 550.90M |
| Common stock | 468.40M | 462.10M | 396.80M | 365.50M | 306.30M |
| Capital stock | 468.40M | 462.10M | 396.80M | 365.50M | 306.30M |
| Retained earnings | 3730.20M | 3422.70M | 2937.50M | 2540.00M | 2238.90M |
| Other liab | 582.60M | 659.50M | 783.90M | 646.60M | 547.20M |
| Good will | 2193.50M | 1975.10M | 1918.50M | 1794.40M | 1830.30M |
| Other assets | 160.90M | 89.80M | 78.70M | 83.20M | 75.90M |
| Cash | 831.50M | 594.10M | 700.30M | 695.20M | 581.00M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 1501.40M | 1418.00M | 1262.00M | 1148.00M | 1346.90M |
| Current deferred revenue | - | - | - | 496.50M | - |
| Net debt | 1530.30M | 1257.20M | 1394.30M | 1724.60M | 1910.60M |
| Short term debt | 46.60M | 48.00M | 86.00M | 74.10M | 71.80M |
| Short long term debt | 6.60M | 15.30M | 51.80M | 38.80M | 70.20M |
| Short long term debt total | 2361.80M | 1851.30M | 2094.60M | 2419.80M | 2491.60M |
| Other stockholder equity | 132.00M | 103.60M | 90.10M | 81.50M | 92.70M |
| Property plant equipment | 2392.50M | 2055.80M | 2041.10M | 1964.70M | 1797.50M |
| Total current assets | 2819.70M | 2447.60M | 2224.70M | 2105.00M | 2125.20M |
| Long term investments | 79.50M | 68.40M | 66.10M | 62.00M | 59.80M |
| Net tangible assets | 1053.40M | 780.80M | 356.10M | 74.60M | -296.10000M |
| Short term investments | - | - | - | - | - |
| Net receivables | 1145.10M | 1121.70M | 951.80M | 883.20M | 976.70M |
| Long term debt | 2175.60M | 1691.40M | 1889.40M | 2234.80M | 2418.80M |
| Inventory | 785.10M | 677.30M | 533.50M | 481.60M | 524.60M |
| Accounts payable | 886.10M | 782.20M | 633.20M | 577.20M | 673.00M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -65.40000M | -241.40000M | -142.20000M | -89.30000M | 35.20M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | - | - |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 89.40M | 42.10M | 36.00M | 52.40M | 43.40M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 5844.70M | 5180.20M | 5112.00M | 4933.00M | 4902.40M |
| Capital lease obligations | 179.60M | 144.60M | 153.40M | 146.20M | 2.60M |
| Long term debt total | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -706.60000M | -541.30000M | -428.00000M | -376.10000M | -696.10000M |
| Change to liabilities | 41.90M | 164.00M | 48.70M | -197.10000M | 149.40M |
| Total cashflows from investing activities | -706.60000M | -541.30000M | -428.00000M | -376.10000M | -696.10000M |
| Net borrowings | 292.30M | -269.50000M | -358.40000M | -156.80000M | 5.80M |
| Total cash from financing activities | -72.60000M | -370.00000M | -461.30000M | -256.20000M | -67.30000M |
| Change to operating activities | 17.10M | -19.80000M | -6.60000M | -20.80000M | -13.30000M |
| Net income | 622.70M | 599.10M | 529.70M | 477.10M | 466.80M |
| Change in cash | 237.40M | -101.60000M | 0.10M | 114.50M | 31.60M |
| Begin period cash flow | 602.10M | 703.70M | 703.60M | 589.10M | 557.50M |
| End period cash flow | 839.50M | 602.10M | 703.70M | 703.60M | 589.10M |
| Total cash from operating activities | 992.80M | 838.70M | 882.90M | 779.50M | 772.70M |
| Issuance of capital stock | 5.40M | 50.50M | 25.80M | 21.70M | 19.10M |
| Depreciation | 365.30M | 342.40M | 346.40M | 329.60M | 278.00M |
| Other cashflows from investing activities | - | - | - | - | - |
| Dividends paid | 170.30M | 151.00M | 128.70M | 121.10M | 92.20M |
| Change to inventory | -69.60000M | -125.90000M | -38.50000M | 44.50M | -62.10000M |
| Change to account receivables | 23.60M | -129.50000M | -43.20000M | 90.80M | -58.50000M |
| Sale purchase of stock | -200.00000M | - | - | - | - |
| Other cashflows from financing activities | 1010.70M | 41.30M | 916.30M | 175.10M | 888.50M |
| Change to netincome | -4.20000M | 10.90M | 36.70M | 57.10M | 21.00M |
| Capital expenditures | 447.20M | 323.80M | 282.80M | 345.60M | 352.90M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | 9.00M | -113.70000M | -29.90000M | -84.30000M | 6.90M |
| Stock based compensation | 38.60M | 28.30M | 14.10M | 26.30M | 22.90M |
| Other non cash items | -226.10000M | -198.90000M | -141.20000M | -129.10000M | -157.90000M |
| Free cash flow | 545.60M | 514.90M | 600.10M | 433.90M | 419.80M |
Sector: Consumer Cyclical Industry: Packaging & Containers
| Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CCL-B CCL Industries Inc |
-0.34 0.41% | 83.19 | 15.94 | 14.71 | 1.54 | 2.17 | 1.80 | 8.99 |
| WPK Winpak Ltd. |
0.42 1.04% | 40.68 | 13.87 | 12.76 | 2.23 | 1.42 | 1.31 | 6.01 |
| TCL-A Transcontinental Inc |
-0.08 1.51% | 5.22 | 13.74 | 6.83 | 0.40 | 0.61 | 0.71 | 5.33 |
| TCL-B Transcontinental Inc |
0.02 0.30% | 6.72 | 13.64 | 6.84 | 0.40 | 0.61 | 0.71 | 5.36 |
| CAS Cascades Inc. |
0.06 0.55% | 10.96 | 15.85 | 8.19 | 0.23 | 0.64 | 0.63 | 5.62 |
CCL Industries Inc. engages in manufacture and sale of labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. It operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and extruded film materials for decorative, instructional, security, and functional applications in the consumer packaging, healthcare, chemicals, consumer durables, electronic device, and automotive markets. This segment also provides extruded and labeled plastic tubes, aluminum aerosols and specialty bottles, folded instructional leaflets, precision decorated and die cut components, electronic displays, polymer banknote substrate, and other complementary products and services. The Avery segment offers printable media products, including address and shipping labels, marketing and product identification labels, indexes and dividers, business cards, and name badges supported by customized software solutions; and organizational products, such as binders, sheet protectors, and writing instruments. This segment also provides direct to consumer digitally imaged media products, such as labels, business cards, name badges, and family oriented identification labels supported by unique web-enabled e-commerce URLs. The Checkpoint segment offers technology-driven loss-prevention, inventory management, and labelling solutions, including radio frequency and radio-frequency identification solutions to retail and apparel industries. The Innovia segment provides specialty, high-performance, multi-layer, and surface engineered biaxially oriented polypropylene films for pressure sensitive label materials, flexible packaging, and consumer packaged goods industries. It operates in Canada, the United States, Puerto Rico, Mexico, Brazil, Chile, Argentina, Europe, Asia, Australia, Africa, and New Zealand. The company was founded in 1951 and is headquartered in Toronto, Canada.
111 Gordon Baker Road, Toronto, ON, Canada, M2H 3R1
| Name | Title | Year Born |
|---|---|---|
| Mr. Donald G. Lang B.A. (Hon.), HBA | Exec. Chairman | 1955 |
| Mr. Geoffrey T. Martin | Pres, CEO & Director | 1955 |
| Mr. Sean P. Washchuk | Sr. VP & CFO | 1973 |
| Ms. Lalitha Vaidyanathan | Sr. VP of Fin., IT & HR | NA |
| Mr. Ben Rubino | Pres of Home & Personal Care Worldwide | 1963 |
| Mr. Gunther Birkner | Pres of Food & Beverage, Healthcare & Specialty Bus. and Innovia Films Worldwide | 1973 |
| Mr. Nicolangelo Vecchiarelli | VP of Corp. Accounting | NA |
| Mr. Mark A. McClendon | VP & Gen. Counsel | NA |
| Mr. Ben Lilienthal | Pres of Checkpoint Unit | NA |
| Mr. James A. Sellors | Sr. VP of CCL Industries Asia Pacific | NA |
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