| Market Cap | €8.66B | |
| Enterprise Value | €9.68B | |
| Revenue | €5.22B | +18.6% |
| Gross Profit | — | — |
| EBITDA | €813.4M | −19.9% |
| Net Income | €399.2M | −43.7% |
| Diluted EPS | €12.12 | −43.3% |
| Free Cash Flow | — | — |
| DPS (FY2023) | — |
| Trailing yield | — |
| Payout ratio | 25.7% |
| Growth streak | — |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20232023-12-31 | — | — | reported |
| FY20222022-12-31 | — | — | reported |
| FY20212021-12-31 | — | — | reported |
| FY20202020-12-31 | — | — | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | Trend · 4y | vs own |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Operating Margin | 5.73% | 8.28% | 14.90% | 8.20% | 38% | |
| EBITDA Margin | 14.70% | 16.41% | 23.07% | 15.58% | 38% | |
| NOPAT Margin | 4.90% | 7.17% | 13.53% | 6.82% | 38% | |
| Net Margin | 5.88% | 9.43% | 16.10% | 7.65% | 38% | |
| OCF Margin | 15.01% | 18.13% | 16.28% | 12.47% | 13% | |
| ▸Returns on Capital · 5 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||
| ▸Earnings quality · 5 ratios | ||||||
| ▸Liquidity & coverage · 6 ratios | ||||||
| ▸Leverage · 7 ratios | ||||||
| ▸Working capital · 3 ratios | ||||||
| ▸Capital allocation · 2 ratios | ||||||
| ▸Other · 1 ratios | ||||||
The five drivers multiply to 8.4% vs reported ROE 8.4%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenue | €3.91B | €4.31B | €4.40B | €5.22B |
| YoY % | +10.3% | +2.1% | +18.6% | |
| Total Operating Expenses | €3.77B | €4.02B | €4.11B | €4.82B |
| YoY % | +6.7% | +2.1% | +17.3% | |
| Operating Income | €224.1M | €357.1M | €655.9M | €428.1M |
| YoY % | +59.4% | +83.7% | -34.7% | |
| Interest Expense | €39.6M | €33.7M | €37.4M | €58.5M |
| YoY % | -14.9% | +10.9% | +56.7% | |
| Interest & Investment Income | €13.7M | €11.9M | €17.6M | €37.0M |
| YoY % | -13.1% | +47.6% | +109.8% | |
| Equity Method Income | €179.3M | €255.2M | €243.9M | €223.4M |
| YoY % | +42.4% | -4.4% | -8.4% | |
| Pretax Income | €324.4M | €591.7M | €889.6M | €609.6M |
| YoY % | +82.4% | +50.4% | -31.5% | |
| Income Tax | €46.7M | €79.4M | €82.1M | €102.5M |
| YoY % | +70.0% | +3.3% | +24.9% | |
| Income from Continuing Operations | €277.6M | €512.2M | €807.5M | €507.1M |
| YoY % | +84.5% | +57.7% | -37.2% | |
| Income from Discontinued Operations | €0 | -€150,000 | €3.0M | €0 |
| YoY % | -100.0% | |||
| Net Income (incl. NCI) | €277.6M | €512.1M | €810.6M | €507.1M |
| YoY % | +84.5% | +58.3% | -37.4% | |
| Minority Interest (P&L) | €47.8M | €105.2M | €101.9M | €107.9M |
| YoY % | +120.1% | -3.2% | +5.9% | |
| Net Income | €229.8M | €406.8M | €708.7M | €399.2M |
| YoY % | +77.0% | +74.2% | -43.7% | |
| EPS (Basic) | €6.93 | €12.27 | €21.39 | €12.13 |
| YoY % | +77.1% | +74.3% | -43.3% | |
| EPS (Diluted) | €6.93 | €12.26 | €21.37 | €12.12 |
| YoY % | +76.9% | +74.3% | -43.3% |
Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
