Loblaw (TSX:L) Tax Provision: C$-1,111 Mil (TTM As of Mar. 2026)

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TSX:L Loblaw Companies Ltd TSX:L
90 GF Score
Price C$64.08
GF Value C$50.41
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Loblaw Tax Provision?

Loblaw TSX:L -0.16% 90 Tax Provision is C$-1,111 Mil as of Mar. 2026. GuruFocus rates TSX:L with a GF Score™ of 90/100 and a GF Value™ of C$50.41 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Loblaw's tax provision for the three months ended in Mar. 2026 was C$-217 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was C$-1,111 Mil.

Loblaw Tax Provision Historical Data

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The historical data trend for Loblaw's Tax Provision 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.

Loblaw Tax Provision Chart

Loblaw Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -466.00 -665.00 -714.00 -731.00 -1,080.00

Loblaw Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 -176.00 -270.00 -293.00 -331.00 -217.00
TSX:L
90GF Score
Loblaw Companies Ltd TSX:L
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Loblaw Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1,111 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of C$-1,111 Mil mean?
Loblaw (TSX:L) has a Tax Provision of C$-1,111 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Loblaw and its competitors.
Is Loblaw's Tax Provision too high?
Loblaw's current Tax Provision is C$-1,111 Mil. Overall, Loblaw has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Loblaw's Tax Provision compare to KR and SFM?
Loblaw's Tax Provision of C$-1,111 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Retail - Defensive company?
A good Tax Provision depends on the Retail - Defensive industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Loblaw and its competitors. Loblaw's current Tax Provision is C$-1,111 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loblaw stock overvalued right now?
Based on GuruFocus' analysis, Loblaw (TSX:L) is currently considered Modestly Overvalued. The stock's GF Value™ is C$50.41, compared to a current price of C$64.08 — trading 27.1% above its estimated fair value. The current Tax Provision is C$-1,111 Mil. Loblaw's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Loblaw (TSX:L), the current Tax Provision is C$-1,111 Mil 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 Loblaw (TSX:L) Overvalued in 2026?

Based on GuruFocus' analysis, Loblaw stock appears to be overvalued. The current stock price of C$64.08 is trading 27.1% above its estimated GF Value™ of C$50.41. GuruFocus considers Loblaw to be Modestly Overvalued.

Key valuation signals for TSX:L:

  • Tax Provision: C$-1,111 Mil
  • GF Value™: C$50.41 vs. price of C$64.08 (27.1% above fair value)
  • GF Score™: 90/100 with 4 warning signs

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

Loblaw Business Description

Address 1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5
Loblaw is Canada's largest retailer, operating approximately 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program, but announced plans to sell its financial services arm including credit cards and insurance brokerage to EQB in December 2025. George Weston is Loblaw's controlling shareholder with a 53% stake.
90GF Score

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

C$64.08
Price
C$50.41
GF Value