CDNTF (Canadian Tire) Tax Rate %: 23.42% (As of Mar. 2026)

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CDNTF Canadian Tire Corp Ltd CDNTF
77 GF Score
Price $187.03
GF Value $164.13
! 7 Warning Signs
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What is Canadian Tire Tax Rate %?

Canadian Tire CDNTF 77 Tax Rate % is 23.42% as of Mar. 2026. GuruFocus rates CDNTF with a GF Score™ of 77/100 and a GF Value™ of $164.13. The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canadian Tire's Tax Expense for the three months ended in Mar. 2026 was $29 Mil. Canadian Tire's Pre-Tax Income for the three months ended in Mar. 2026 was $123 Mil. Therefore, Canadian Tire's Tax Rate % for the quarter that ended in Mar. 2026 was 23.42%.

Canadian Tire Tax Rate % Related Terms

Canadian Tire Tax Rate % Historical Data

* Premium members only.

The historical data trend for Canadian Tire's Tax Rate % 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.

Canadian Tire Tax Rate % Chart

Canadian Tire Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.92 25.32 40.80 22.09 24.99

Canadian Tire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 8.91 27.10 23.45 27.08 23.42
CDNTF
77GF Score
Canadian Tire Corp Ltd CDNTF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Tire Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Canadian Tire's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=159.116/636.825
=24.99 %

Canadian Tire's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=28.863/123.251
=23.42 %

* 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 Rate % →
What does a Tax Rate % of 23.42% mean?
Canadian Tire (CDNTF) has a Tax Rate % of 23.42% as of Mar. 2026.
Is Canadian Tire's Tax Rate % too high?
Canadian Tire's current Tax Rate % is 23.42%. Overall, Canadian Tire has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Canadian Tire's Tax Rate % compare to CASY and WSM?
Canadian Tire's Tax Rate % of 23.42% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Retail - Cyclical company?
A good Tax Rate % depends on the Retail - Cyclical industry context. However, Tax Rate % 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 Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Canadian Tire's current Tax Rate % is 23.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Tire stock overvalued right now?
Canadian Tire (CDNTF) has a current Tax Rate % of 23.42%. The stock's GF Value™ is $164.13, compared to a current price of $187.03 — trading 13.9% above its estimated fair value. The current Tax Rate % is 23.42%. Canadian Tire's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Canadian Tire (CDNTF), the current Tax Rate % is 23.42% 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 Canadian Tire (CDNTF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Tire stock appears to be overvalued. The current stock price of $187.03 is trading 13.9% above its estimated GF Value™ of $164.13.

Key valuation signals for CDNTF:

  • Tax Rate %: 23.42%
  • GF Value™: $164.13 vs. price of $187.03 (13.9% above fair value)
  • GF Score™: 77/100 with 7 warning signs

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

Canadian Tire Business Description

Address 2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, and Party City. Its product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 12 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.
77GF Score

Get the complete analysis for CDNTF

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

$187.03
Price
$164.13
GF Value