North West Company Inc
TSX:NWC

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North West Company Inc Logo
North West Company Inc
TSX:NWC
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Price: 48.38 CAD -0.37% Market Closed
Market Cap: 2.3B CAD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+15%
5Y
+12%
10Y
+52%
Operating Income
+
3Y
+11%
5Y
+28%
10Y
+104%
Net Income
+
3Y
+5%
5Y
+22%
10Y
+106%

Earnings Waterfall
North West Company Inc

Revenue
2.6B CAD
Cost of Revenue
-1.7B CAD
Gross Profit
882.8m CAD
Operating Expenses
-672.5m CAD
Operating Income
210.3m CAD
Other Expenses
-71.9m CAD
Net Income
138.4m CAD

Income Statement
North West Company Inc

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Income Statement
Currency: CAD
Oct-2001 Jan-2002 Apr-2002 Jul-2002 Oct-2002 Jan-2003 Apr-2003 Jul-2003 Oct-2003 Jan-2004 May-2004 Jul-2004 Oct-2004 Jan-2005 Apr-2005 Jul-2005 Oct-2005 Jan-2006 Apr-2006 Jul-2006 Oct-2006 Jan-2007 Apr-2007 Jul-2007 Oct-2007 Jan-2008 Apr-2008 Jul-2008 Oct-2008 Jan-2009 Apr-2009 Jul-2009 Oct-2009 Jan-2010 Apr-2010 Jul-2010 Oct-2010 Jan-2011 Apr-2011 Jul-2011 Oct-2011 Jan-2012 Apr-2012 Jul-2012 Oct-2012 Jan-2013 Apr-2013 Jul-2013 Oct-2013 Jan-2014 Apr-2014 Jul-2014 Oct-2014 Jan-2015 Apr-2015 Jul-2015 Oct-2015 Jan-2016 Apr-2016 Jul-2016 Oct-2016 Jan-2017 Apr-2017 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 Oct-2018 Jan-2019 Apr-2019 Jul-2019 Oct-2019 Jan-2020 Apr-2020 Jul-2020 Oct-2020 Jan-2021 Apr-2021 Jul-2021 Oct-2021 Jan-2022 Apr-2022 Jul-2022 Oct-2022 Jan-2023 Apr-2023 Jul-2023 Oct-2023 Jan-2024 Apr-2024 Jul-2024 Oct-2024 Jan-2025 Apr-2025 Jul-2025
Revenue
Interest Expense
12
11
9
8
7
7
7
7
7
6
6
6
6
6
6
6
6
6
6
6
7
7
7
7
7
7
8
8
9
8
7
7
6
5
6
6
6
6
6
6
6
6
6
6
7
6
6
6
6
7
7
7
6
6
5
5
5
5
5
6
6
6
6
7
8
9
11
14
16
18
19
20
20
20
20
19
18
16
15
14
13
13
13
13
14
15
17
18
19
19
19
19
19
19
18
18
Revenue
686
N/A
704
+3%
716
+2%
729
+2%
739
+1%
750
+1%
757
+1%
763
+1%
771
+1%
783
+2%
788
+1%
793
+1%
796
+0%
789
-1%
801
+2%
818
+2%
833
+2%
850
+2%
867
+2%
885
+2%
909
+3%
945
+4%
966
+2%
989
+2%
1 009
+2%
1 065
+6%
1 146
+8%
1 232
+8%
1 335
+8%
1 393
+4%
1 423
+2%
1 448
+2%
1 450
+0%
1 444
0%
1 439
0%
1 438
0%
1 444
+0%
1 448
+0%
1 454
+0%
1 461
+0%
1 472
+1%
1 495
+2%
1 514
+1%
1 525
+1%
1 525
0%
1 514
-1%
1 513
0%
1 517
+0%
1 527
+1%
1 543
+1%
1 555
+1%
1 568
+1%
1 594
+2%
1 624
+2%
1 662
+2%
1 710
+3%
1 754
+3%
1 796
+2%
1 821
+1%
1 833
+1%
1 839
+0%
1 844
+0%
1 891
+3%
1 946
+3%
1 969
+1%
1 985
+1%
1 965
-1%
1 954
-1%
1 978
+1%
2 014
+2%
2 042
+1%
2 066
+1%
2 074
+0%
2 094
+1%
2 193
+5%
2 314
+6%
2 347
+1%
2 359
+1%
2 318
-2%
2 234
-4%
2 235
+0%
2 249
+1%
2 250
+0%
2 264
+1%
2 297
+1%
2 353
+2%
2 394
+2%
2 434
+2%
2 464
+1%
2 472
+0%
2 496
+1%
2 524
+1%
2 545
+1%
2 576
+1%
2 600
+1%
2 601
+0%
Gross Profit
Cost of Revenue
(617)
(634)
(644)
(657)
(667)
(678)
(686)
(693)
(699)
(710)
(713)
(717)
(720)
(712)
(722)
(737)
(750)
(764)
(778)
(793)
(815)
(849)
(868)
(890)
(908)
(958)
(1 035)
(1 116)
(1 213)
(1 270)
(1 299)
(1 321)
(1 320)
(1 314)
(1 241)
(1 168)
(1 106)
(1 035)
(1 040)
(1 045)
(1 052)
(1 067)
(1 079)
(1 084)
(1 079)
(1 069)
(1 066)
(1 071)
(1 077)
(1 088)
(1 097)
(1 109)
(1 131)
(1 160)
(1 188)
(1 219)
(1 248)
(1 273)
(1 291)
(1 298)
(1 302)
(1 303)
(1 325)
(1 354)
(1 358)
(1 360)
(1 343)
(1 330)
(1 346)
(1 373)
(1 394)
(1 411)
(1 413)
(1 430)
(1 500)
(1 574)
(1 591)
(1 585)
(1 545)
(1 489)
(1 494)
(1 511)
(1 519)
(1 538)
(1 565)
(1 605)
(1 638)
(1 656)
(1 668)
(1 662)
(1 672)
(1 685)
(1 696)
(1 708)
(1 718)
(1 718)
Gross Profit
69
N/A
71
+2%
71
+1%
72
+1%
73
+1%
72
0%
71
-2%
70
-2%
72
+4%
73
+1%
74
+2%
76
+2%
76
+1%
77
+1%
79
+3%
81
+3%
83
+2%
86
+3%
89
+4%
91
+3%
94
+3%
96
+2%
98
+1%
99
+2%
101
+2%
107
+5%
111
+4%
116
+4%
122
+5%
122
+1%
124
+1%
128
+3%
130
+2%
130
+0%
198
+52%
270
+36%
338
+25%
413
+22%
415
+0%
416
+0%
420
+1%
428
+2%
435
+2%
442
+2%
445
+1%
445
0%
446
+0%
446
N/A
450
+1%
455
+1%
458
+1%
459
+0%
462
+1%
464
+0%
475
+2%
491
+3%
506
+3%
523
+3%
530
+1%
535
+1%
537
+0%
542
+1%
566
+5%
592
+5%
610
+3%
625
+2%
622
0%
623
+0%
632
+1%
641
+1%
649
+1%
655
+1%
661
+1%
664
+1%
692
+4%
740
+7%
756
+2%
775
+2%
773
0%
745
-4%
741
-1%
738
0%
731
-1%
726
-1%
731
+1%
748
+2%
757
+1%
777
+3%
796
+2%
809
+2%
824
+2%
839
+2%
848
+1%
868
+2%
883
+2%
883
+0%
Operating Income
Operating Expenses
(23)
(23)
(23)
(23)
(23)
(23)
(23)
(22)
(23)
(22)
(23)
(23)
(24)
(24)
(24)
(25)
(25)
(25)
(25)
(26)
(26)
(26)
(26)
(26)
(26)
(27)
(28)
(29)
(31)
(32)
(33)
(34)
(35)
(35)
(102)
(176)
(246)
(323)
(324)
(326)
(330)
(339)
(345)
(348)
(350)
(348)
(350)
(349)
(352)
(355)
(358)
(361)
(364)
(367)
(374)
(388)
(399)
(415)
(421)
(427)
(422)
(423)
(457)
(477)
(502)
(511)
(498)
(503)
(507)
(525)
(533)
(544)
(549)
(552)
(573)
(576)
(574)
(566)
(549)
(531)
(525)
(526)
(527)
(535)
(553)
(568)
(584)
(592)
(600)
(610)
(622)
(637)
(648)
(659)
(673)
(673)
Selling, General & Administrative
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(75)
(158)
(237)
(323)
(324)
(326)
(330)
(339)
(345)
(348)
(350)
(348)
(350)
(349)
(352)
(355)
(358)
(361)
(364)
(367)
(374)
(388)
(399)
(415)
(409)
(403)
(386)
(423)
(420)
(437)
(461)
(455)
(436)
(435)
(432)
(443)
(450)
(459)
(462)
(463)
(481)
(483)
(480)
(474)
(458)
(441)
(436)
(435)
(435)
(442)
(457)
(469)
(484)
(491)
(497)
(505)
(510)
(526)
(534)
(543)
(555)
(554)
Depreciation & Amortization
(23)
(23)
(23)
(23)
(23)
(23)
(23)
(22)
(23)
(22)
(23)
(23)
(23)
(24)
(24)
(25)
(25)
(25)
(25)
(25)
(26)
(26)
(26)
(26)
(26)
(27)
(28)
(29)
(31)
(32)
(33)
(34)
(35)
(35)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(12)
(24)
(36)
0
(37)
(40)
(41)
(56)
(62)
(68)
(75)
(82)
(84)
(85)
(87)
(89)
(92)
(93)
(94)
(92)
(91)
(90)
(90)
(91)
(92)
(94)
(96)
(98)
(100)
(101)
(103)
(105)
(108)
(111)
(113)
(116)
(117)
(119)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(27)
(18)
(9)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(4)
0
0
0
0
0
Operating Income
46
N/A
48
+3%
48
+1%
49
+1%
50
+2%
50
-1%
49
-2%
47
-3%
50
+5%
50
+1%
52
+2%
53
+2%
53
+0%
53
N/A
55
+3%
57
+4%
58
+3%
61
+4%
64
+5%
66
+4%
69
+4%
70
+2%
72
+2%
73
+2%
75
+2%
80
+6%
83
+4%
86
+4%
91
+5%
90
0%
91
+1%
94
+3%
96
+2%
95
0%
96
+1%
94
-2%
92
-2%
90
-2%
90
0%
90
N/A
90
N/A
89
-1%
90
+1%
94
+4%
95
+1%
97
+2%
97
N/A
97
+1%
98
+1%
100
+2%
100
-1%
98
-2%
99
+1%
98
-1%
101
+4%
103
+2%
107
+4%
107
+0%
109
+2%
108
-1%
115
+7%
118
+3%
109
-7%
116
+6%
108
-6%
114
+5%
124
+9%
120
-3%
125
+4%
116
-7%
115
-1%
111
-4%
112
+1%
112
+0%
120
+7%
164
+37%
182
+11%
208
+14%
224
+7%
214
-4%
216
+1%
212
-2%
204
-4%
190
-7%
178
-6%
180
+1%
173
-4%
185
+7%
196
+6%
200
+2%
202
+1%
202
+0%
201
-1%
210
+5%
210
+0%
210
+0%
Pre-Tax Income
Interest Income Expense
(12)
(11)
(9)
(8)
(7)
(7)
(7)
(7)
(7)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(7)
(7)
(7)
(7)
(7)
(7)
(8)
(8)
(8)
(9)
(8)
(8)
(7)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(7)
(7)
(7)
(7)
(6)
(5)
(5)
(5)
(5)
(5)
(6)
(6)
(6)
(6)
(7)
(8)
(9)
(11)
(14)
(16)
(19)
(19)
(20)
(20)
(20)
(20)
(19)
(18)
(16)
(15)
(14)
(13)
(12)
(13)
(13)
(14)
(14)
(16)
(17)
(18)
(19)
(18)
(18)
(18)
(18)
(18)
(18)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20
20
31
35
15
18
(7)
7
5
1
22
3
4
9
2
3
4
0
0
(4)
(4)
(4)
0
0
0
0
0
0
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(0)
(0)
(0)
(0)
(0)
(0)
0
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(0)
(0)
0
0
(1)
0
0
0
(1)
(0)
(0)
(1)
(1)
(0)
(0)
(0)
(0)
(0)
(0)
Pre-Tax Income
35
N/A
37
+7%
39
+5%
41
+5%
43
+4%
43
N/A
42
-2%
40
-4%
43
+7%
44
+2%
45
+3%
46
+2%
47
+1%
47
+0%
49
+4%
51
+4%
52
+3%
54
+4%
58
+6%
60
+4%
62
+4%
63
+2%
65
+2%
66
+3%
68
+2%
72
+6%
75
+4%
78
+4%
82
+5%
82
+0%
84
+2%
87
+4%
90
+3%
90
+0%
90
+0%
88
-2%
86
-2%
84
-2%
84
0%
84
0%
84
+0%
83
-1%
84
+1%
88
+4%
88
+0%
90
+2%
90
+0%
90
+1%
91
+1%
92
+1%
92
-1%
90
-2%
92
+2%
91
-1%
95
+5%
97
+2%
101
+4%
101
0%
103
+2%
101
-2%
108
+7%
111
+3%
102
-8%
107
+6%
99
-7%
104
+4%
112
+7%
106
-5%
128
+21%
116
-9%
126
+8%
126
0%
106
-15%
109
+3%
92
-16%
151
+64%
168
+11%
193
+15%
231
+20%
203
-12%
207
+2%
207
+0%
193
-7%
180
-7%
168
-7%
165
-2%
156
-6%
164
+5%
174
+6%
177
+2%
183
+4%
184
+0%
182
-1%
191
+5%
192
+0%
193
+0%
Net Income
Tax Provision
(5)
(8)
(9)
(9)
(9)
(8)
(8)
(7)
(8)
(8)
(9)
(9)
(10)
(10)
(10)
(11)
(11)
(12)
(13)
(13)
(13)
(10)
(10)
(10)
(8)
(9)
(8)
(7)
(7)
(7)
(7)
(8)
(8)
(8)
(7)
(5)
(5)
(15)
(20)
(25)
(31)
(25)
(25)
(26)
(26)
(26)
(26)
(27)
(27)
(28)
(28)
(27)
(28)
(28)
(29)
(30)
(32)
(31)
(31)
(31)
(31)
(34)
(33)
(32)
(31)
(34)
(32)
(31)
(35)
(26)
(28)
(28)
(23)
(23)
(20)
(34)
(40)
(49)
(59)
(51)
(52)
(50)
(48)
(45)
(42)
(40)
(36)
(38)
(40)
(43)
(44)
(45)
(46)
(48)
(48)
(48)
Income from Continuing Operations
29
29
30
32
34
35
34
34
35
36
37
37
37
37
39
40
41
43
45
47
50
54
55
57
60
63
67
71
75
75
76
78
81
82
84
83
81
70
64
59
54
58
59
62
62
64
64
64
64
64
64
63
64
63
66
67
70
70
72
70
77
77
68
75
68
70
79
74
93
91
98
98
83
86
72
117
128
144
172
151
155
157
145
135
126
126
120
126
133
134
139
138
136
143
144
145
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
(2)
(3)
(3)
(3)
(4)
(4)
(4)
(4)
(4)
(4)
(3)
(3)
(4)
(4)
(3)
(3)
(2)
(3)
(3)
(3)
(3)
(4)
(4)
(4)
(5)
(5)
(5)
(6)
(6)
(6)
(6)
(6)
Net Income (Common)
29
N/A
29
-1%
30
+5%
32
+7%
34
+5%
35
+2%
34
-3%
33
-1%
35
+5%
36
+2%
36
0%
36
+1%
36
+1%
37
+2%
39
+4%
40
+4%
42
+3%
43
+3%
45
+5%
47
+4%
50
+6%
54
+8%
55
+2%
57
+4%
60
+7%
63
+4%
67
+7%
71
+5%
75
+5%
75
+1%
76
+1%
78
+3%
81
+4%
82
+1%
84
+2%
83
0%
81
-3%
70
-14%
64
-8%
59
-8%
54
-9%
58
+8%
59
+1%
62
+5%
62
+0%
64
+3%
64
0%
64
+0%
64
+0%
64
+1%
64
0%
63
-2%
64
+2%
63
-2%
66
+5%
67
+2%
70
+3%
70
+0%
72
+3%
70
-2%
77
+10%
77
0%
68
-12%
74
+9%
67
-10%
67
+1%
76
+14%
71
-7%
89
+25%
87
-3%
94
+9%
94
-1%
80
-15%
83
+4%
69
-17%
114
+65%
124
+9%
140
+13%
168
+20%
148
-12%
152
+3%
155
+2%
143
-8%
132
-7%
123
-7%
122
-1%
116
-5%
121
+5%
129
+6%
129
+0%
134
+4%
133
-1%
131
-1%
137
+5%
138
+0%
138
+1%
EPS (Diluted)
0.67
N/A
0.65
-3%
0.62
-5%
0.66
+6%
0.72
+9%
0.71
-1%
0.71
N/A
0.7
-1%
0.73
+4%
0.74
+1%
0.75
+1%
0.76
+1%
0.77
+1%
0.77
N/A
0.8
+4%
0.83
+4%
0.85
+2%
0.89
+5%
0.92
+3%
0.96
+4%
1.02
+6%
1.11
+9%
1.13
+2%
1.18
+4%
1.25
+6%
1.31
+5%
1.39
+6%
1.46
+5%
1.54
+5%
1.56
+1%
1.58
+1%
1.62
+3%
1.67
+3%
1.69
+1%
1.72
+2%
1.72
N/A
1.67
-3%
1.44
-14%
1.33
-8%
1.22
-8%
1.11
-9%
1.19
+7%
1.21
+2%
1.27
+5%
1.27
N/A
1.32
+4%
1.31
-1%
1.31
N/A
1.32
+1%
1.32
N/A
1.32
N/A
1.3
-2%
1.32
+2%
1.29
-2%
1.36
+5%
1.38
+1%
1.43
+4%
1.43
N/A
1.47
+3%
1.44
-2%
1.58
+10%
1.57
-1%
1.39
-11%
1.51
+9%
1.36
-10%
1.36
N/A
1.55
+14%
1.45
-6%
1.81
+25%
1.77
-2%
1.92
+8%
1.91
-1%
1.62
-15%
1.68
+4%
1.4
-17%
2.3
+64%
2.51
+9%
2.82
+12%
3.39
+20%
3.01
-11%
3.11
+3%
3.16
+2%
2.94
-7%
2.71
-8%
2.53
-7%
2.51
-1%
2.38
-5%
2.49
+5%
2.65
+6%
2.67
+1%
2.77
+4%
2.74
-1%
2.7
-1%
2.83
+5%
2.83
N/A
2.84
+0%

See Also

Summary
NWC intrinsic value, competitors valuation, and company profile.
DCF Valuation
NWC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NWC stock valuation using valuation multiples.
Wall Street Estimates
NWC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NWC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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