Alimentation Couche-Tard Inc. (ATD): A Comprehensive Overview
Company Profile
Alimentation Couche-Tard Inc. (ATD) is a Canadian convenience store operator with a global presence. It is the largest convenience store operator in the world by number of stores and the second largest by revenue.
ATD was founded in 1980 and is headquartered in Laval, Quebec, Canada. The company operates over 14,000 stores in 26 countries and territories, including the United States, Canada, Mexico, and Europe.
Business Segments
ATD's business is divided into three segments:
- Convenience Stores: This segment includes the company's traditional convenience store operations, as well as its gas stations and car washes.
- Fuel Distribution: This segment includes the company's fuel distribution operations, which supply fuel to its convenience stores and other customers.
- Real Estate: This segment includes the company's real estate operations, which lease and manage properties for its convenience stores and other businesses.
Financial Performance
ATD has a strong financial track record. In fiscal 2022, the company reported revenue of $56.4 billion and net income of $4.2 billion. The company's gross profit margin was 32.3% and its operating profit margin was 20.1%.
ATD has a strong balance sheet with $10.7 billion in cash and equivalents and $12.4 billion in total debt. The company's debt-to-equity ratio is 0.78, which is a moderate level.
Investment Considerations
ATD is a well-established company with a strong financial track record. The company has a global presence and is the largest convenience store operator in the world. ATD is also a dividend-paying company, with a yield of 1.4%.
However, ATD faces some challenges, including rising costs and competition from other convenience store operators. The company's growth may also be limited by its large size and its reliance on the convenience store industry.
Conclusion
ATD is a well-established company with a strong financial track record and a global presence. However, the company faces some challenges, including rising costs and competition. Investors should carefully consider the company's risks and opportunities before investing.
Additional Information
For more information about ATD, please visit the company's website at https://www.couche-tard.com/.
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