George Weston (TSX:WN) ROE %: 9.14% (As of Mar. 2026) — 18% Below Median


TSX:WN George Weston Ltd TSX:WN
79 GF Score
Price C$99.64
GF Value C$83.94
Valuation Modestly Overvalued
! 6 Warning Signs
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What is George Weston ROE %?

George Weston TSX:WN -0.99% 79 ROE % is 9.14% as of Mar. 2026, which is 18% below its 10-year median of 11.13. GuruFocus rates TSX:WN with a GF Score™ of 79/100 and a GF Value™ of C$83.94 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 304 Retail - Defensive companies, George Weston ranks better than 84.54% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. George Weston's annualized net income for the quarter that ended in Mar. 2026 was C$464 Mil. George Weston's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$5,078 Mil. Therefore, George Weston's annualized ROE % for the quarter that ended in Mar. 2026 was 9.14%.

The historical rank and industry rank for George Weston's ROE % or its related term are showing as below:

TSX:WN' s ROE % Range Over the Past 10 Years
Min: 3.09   Med: 11.13   Max: 26.32
Current: 21.35

During the past 13 years, George Weston's highest ROE % was 26.32%. The lowest was 3.09%. And the median was 11.13%.

TSX:WN's ROE % is ranked better than
84.54% of 304 companies
in the Retail - Defensive industry
Industry Median: 8.56 vs TSX:WN: 21.35

George Weston  (TSX:WN) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=464/5077.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(464 / 58556)*(58556 / 52132.5)*(52132.5 / 5077.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.79 %*1.1232*10.2674
=ROA %*Equity Multiplier
=0.89 %*10.2674
=9.14 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=464/5077.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (464 / 2972) * (2972 / 4600) * (4600 / 58556) * (58556 / 52132.5) * (52132.5 / 5077.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.1561 * 0.6461 * 7.86 % * 1.1232 * 10.2674
=9.14 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


George Weston ROE % Related Terms


George Weston ROE % Historical Data

* Premium members only.

The historical data trend for George Weston's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

George Weston ROE % Chart

George Weston Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.84 26.32 22.79 21.04 19.82

George Weston Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.15 18.75 34.83 21.14 9.14

TSX:WN vs KR, SFM, ACI: ROE % Comparison

For the Grocery Stores subindustry, George Weston's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


George Weston ROE % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, George Weston's ROE % distribution charts can be found below:

* The bar in red indicates where George Weston's ROE % falls into.


TSX:WN
79GF Score
George Weston Ltd TSX:WN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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George Weston ROE % Calculation

George Weston's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1142/( (6242+5280)/ 2 )
=1142/5761
=19.82 %

George Weston's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=464/( (5280+4875)/ 2 )
=464/5077.5
=9.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.14% mean?
George Weston (TSX:WN) has a ROE % of 9.14% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on George Weston and its competitors. This is 18% below median its historical median of 11.13. Over the past decade, George Weston's ROE % has ranged from 3.09 to 26.32. According to the industry distribution chart, George Weston ranks #47 out of 304 companies in the Retail - Defensive industry, placing it in the top 15.5%.
Is George Weston's ROE % too high?
George Weston's current ROE % of 9.14% is 18% below median its 10-year median of 11.13. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 26.32. The Retail - Defensive industry median ROE % is 8.56. George Weston's value of 9.14% is 6.8% above this industry median. Based on the distribution chart, George Weston ranks #47 out of 304 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, George Weston has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does George Weston's ROE % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, George Weston ranks #47 out of 304 companies for ROE %. This places George Weston in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 8.56. George Weston's value of 9.14% is 6.8% above this benchmark. Historically, George Weston's own ROE % has ranged from 3.09 to 26.32 over the past decade. While the company's 10-year median is 11.13 vs. the industry median of 8.56, George Weston has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Retail - Defensive company?
The median ROE % among Retail - Defensive companies is 8.56, based on 304 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. George Weston's current ROE % of 9.14% is 6.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on George Weston and its competitors. For the Retail - Defensive industry, the median ROE % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. George Weston's current ROE % is 9.14%, which is 18% below median its own 10-year median of 11.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is George Weston stock overvalued right now?
Based on GuruFocus' analysis, George Weston (TSX:WN) is currently considered Modestly Overvalued. The stock's GF Value™ is C$83.94, compared to a current price of C$99.64 — trading 18.7% above its estimated fair value. The current ROE % is 9.14%, which is 18% below median its 10-year median of 11.13 and 6.8% above the Retail - Defensive industry median of 8.56. George Weston's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For George Weston (TSX:WN), the current ROE % is 9.14% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is George Weston (TSX:WN) Overvalued in 2026?

Based on GuruFocus' analysis, George Weston stock appears to be overvalued. The current stock price of C$99.64 is trading 18.7% above its estimated GF Value™ of C$83.94. GuruFocus considers George Weston to be Modestly Overvalued.

Key valuation signals for TSX:WN:

  • ROE %: 9.14% (18% below median its 10-year median of 11.13)
  • GF Value™: C$83.94 vs. price of C$99.64 (18.7% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 6.8% above the Retail - Defensive median (#47 of 304)

No single metric tells the full story. See the TSX:WN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


George Weston Business Description

Address 22 St. Clair Avenue East, Suite 800, Toronto, ON, CAN, M4T 2S5
George Weston is a holding company that controls majority stakes in retailer Loblaw and in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages over 700 commercial and residential properties in Canada, generating roughly 60% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 60% stake.
79GF Score

Get the complete analysis for TSX:WN

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$99.64
Price
C$83.94
GF Value