| Market Cap | €15.28B | |
| Enterprise Value | €16.19B | |
| Revenue | €1.85B | +18.4% |
| Gross Profit | — | — |
| EBITDA | €1.44B | +203.7% |
| Net Income | €1.18B | +425.1% |
| Diluted EPS | €0.77 | +220.8% |
| Free Cash Flow | €627.1M | −6.7% |
| DPS (FY2025) | — |
| Trailing yield | — |
| Payout ratio | 40.1% |
| Growth streak | — |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | — | — | reported |
| Ratio | 2023 | 2024 | 2025 | Trend · 3y | vs own | vs sector |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Operating Margin | 33.47% | 22.27% | 67.70% | 83% | 98% | |
| EBITDA Margin | 36.08% | 30.25% | 77.61% | 83% | 88% | |
| NOPAT Margin | 32.42% | 22.24% | 67.70% | 83% | 89% | |
| Net Margin | 28.20% | 14.39% | 63.83% | 83% | 97% | |
| FCF Margin | 34.44% | 42.94% | 33.83% | 17% | 72% | |
| FCFF Margin | 37.49% | 46.33% | 36.88% | 17% | 56% | |
| FCFE Margin | 44.31% | 37.21% | 30.85% | 17% | 60% | |
| OCF Margin | 34.81% | 44.01% | 35.38% | 50% | 69% | |
| Capex Intensity | 0.37% | 1.07% | 1.55% | 83% | 51% | |
| ▸Returns on Capital · 6 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||
| ▸Earnings quality · 7 ratios | ||||||
| ▸Liquidity & coverage · 8 ratios | ||||||
| ▸Leverage · 9 ratios | ||||||
| ▸Working capital · 3 ratios | ||||||
| ▸Capital allocation · 3 ratios | ||||||
The five drivers multiply to 72.7% vs reported ROE 90.9%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | €994.7M | €1.57B | €1.85B |
| YoY % | +57.4% | +18.4% | |
| SG&A Expense | €95.9M | €193.8M | €208.1M |
| YoY % | +102.2% | +7.4% | |
| Operating Income | €332.9M | €348.6M | €1.25B |
| YoY % | +4.7% | +259.9% | |
| Interest Expense | €31.3M | €53.0M | €56.6M |
| YoY % | +69.7% | +6.7% | |
| Interest & Investment Income | €10.8M | €12.9M | €20.8M |
| YoY % | +19.4% | +61.5% | |
| Pretax Income | €312.5M | €308.5M | €1.22B |
| YoY % | -1.3% | +295.2% | |
| Income Tax | €9.8M | €350,000 | -€3.2M |
| YoY % | -96.4% | ||
| Net Income (incl. NCI) | €302.7M | €308.1M | €1.22B |
| YoY % | +1.8% | +296.7% | |
| Minority Interest (P&L) | €22.2M | €82.8M | €39.2M |
| YoY % | +272.7% | -52.7% | |
| Net Income | €280.5M | €225.3M | €1.18B |
| YoY % | -19.7% | +425.1% | |
| EPS (Basic) | €0.39 | €0.24 | €1.11 |
| YoY % | -38.5% | +362.5% | |
| EPS (Diluted) | €0.39 | €0.24 | €0.77 |
| YoY % | -38.5% | +220.8% |
The sector classification is SIC-derived, not official GICS. 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.
