| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | €82.15B | −7.5% |
| Gross Profit | — | — |
| EBITDA | €12.36B | −3.7% |
| Net Income | €2.61B | −0.6% |
| Diluted EPS | €0.78 | 0.0% |
| Free Cash Flow | €4.63B | −9.1% |
| DPS (FY2025) | €1.00derived |
| Trailing yield | — |
| Payout ratio | 118.1% |
| Growth streak | 3 yrs |
| 5y DPS growth | 12.6% |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | €1.00 | +5.0% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | €0.95 | +3.7% | derived (paid ÷ diluted shares) |
| FY2023 |
| Ratio | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 11y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||
| Gross Margin | 72.40% | 66.87% | 73.58% | — | — | — | — | — | — | — | — | — | — | |
| Operating Margin | −4.18% | 3.80% | 11.29% | 12.98% | 9.20% | −7.45% | 16.12% | 13.21% | 8.81% | 5.90% | 6.10% | 41% | 31% | |
| EBITDA Margin | 7.97% | 17.14% | 21.83% | 22.06% | 20.80% | 9.16% | 25.34% | 18.65% | 16.79% | 14.46% | 15.04% | 32% | 28% | |
| NOPAT Margin | −3.30% | 0.00% | 5.57% | 5.31% | 0.25% | −5.88% | 8.81% | 8.37% | 4.19% | 2.51% | 2.91% | 50% | 36% | |
| Net Margin | −11.94% | −2.58% | 4.75% | 5.36% | 0.21% | −19.63% | 7.60% | 10.48% | 5.09% | 2.96% | 3.17% | 50% | 34% | |
| FCF Margin | −4.76% | −2.46% | 2.29% | 6.33% | 6.21% | 0.94% | 10.33% | 7.37% | 6.81% | 5.74% | 5.63% | 41% | 39% | |
| FCFF Margin | — | −2.46% | 6.38% | 8.81% | 6.37% | — | 13.34% | 11.82% | 10.92% | 10.04% | 10.38% | 61% | 41% | |
| FCFE Margin | −1.87% | −3.81% | −0.12% | 6.74% | 4.01% | 8.03% | 10.01% | 5.43% | 7.14% | 4.28% | 2.52% | 32% | 34% | |
| OCF Margin | 10.43% | 13.53% | 14.25% | 17.74% | 17.73% | 10.96% | 16.80% | 13.18% | 16.13% | 14.74% | 16.23% | 68% | 34% | |
| Gross Profitability | — | 30.44% | 45.44% | — | — | — | — | — | — | — | — | — | — | |
| Capex Intensity | 15.20% | 15.99% | 11.96% | 11.41% | 11.52% | 10.02% | 6.46% | 5.81% | 9.32% | 9.01% | 10.59% | 50% | 37% | |
| ▸Returns on Capital · 6 ratios | ||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||||||
| ▸Liquidity & coverage · 9 ratios | ||||||||||||||
| ▸Leverage · 9 ratios | ||||||||||||||
| ▸Working capital · 5 ratios | ||||||||||||||
| ▸Capital allocation · 5 ratios | ||||||||||||||
| ▸Per share · 6 ratios | ||||||||||||||
| ▸Other · 1 ratios | ||||||||||||||
The five drivers multiply to 5.3% vs reported ROE 5.2%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €73.54B | €56.69B | €70.98B | €76.94B | €69.88B | €43.99B | €76.58B | €132.51B | €93.72B | €88.80B | €82.15B |
| YoY % | -22.9% | +25.2% | +8.4% | -9.2% | -37.1% | +74.1% | +73.0% | -29.3% | -5.2% | -7.5% | |
| Cost of Revenue | €20.30B | €18.79B | €18.75B | — | — | — | — | — | — | — | — |
| YoY % | -7.4% | -0.2% | |||||||||
| R&D Expense | €176.0M | €161.0M | €185.0M | €197.0M | €194.0M | €157.0M | €177.0M | €164.0M | €166.0M | €178.0M | €207.0M |
| YoY % | -8.5% | +14.9% | +6.5% | -1.5% | -19.1% | +12.7% | -7.3% | +1.2% | +7.2% | +16.3% | |
| Total Operating Expenses | — | — | — | €872.0M | — | — | — | — | — | — | — |
| Operating Income | -€3.08B | €2.16B | €8.01B | €9.98B | €6.43B | -€3.27B | €12.34B | €17.51B | €8.26B | €5.24B | €5.01B |
| YoY % | +271.4% | +24.6% | -35.6% | +41.9% | -52.8% | -36.6% | -4.4% | ||||
| Interest Expense | €10.10B | €6.23B | €5.89B | €4.66B | €4.08B | €4.96B | €4.22B | €9.33B | €8.11B | €8.98B | €8.17B |
| YoY % | -38.3% | -5.6% | -20.8% | -12.5% | +21.5% | -15.0% | +121.4% | -13.1% | +10.7% | -9.0% | |
| Interest & Investment Income | €8.63B | €5.85B | €3.92B | €3.97B | €3.09B | €3.53B | €3.72B | €8.45B | €7.42B | €7.71B | €7.20B |
| YoY % | -32.3% | -32.9% | +1.1% | -22.2% | +14.4% | +5.4% | +127.0% | -12.2% | +4.0% | -6.7% | |
| Equity Method Income | -€471.0M | -€326.0M | -€267.0M | — | — | — | — | — | — | — | — |
| Pretax Income | -€4.28B | €892.0M | €6.84B | €10.11B | €5.75B | -€5.98B | €10.69B | €22.05B | €10.23B | €6.49B | €5.78B |
| YoY % | +667.3% | +47.7% | -43.1% | +106.4% | -53.6% | -36.6% | -11.0% | ||||
| Income Tax | €3.12B | €1.94B | €3.47B | €5.97B | €5.59B | €2.65B | €4.84B | €8.09B | €5.37B | €3.73B | €3.02B |
| YoY % | -38.0% | +79.1% | +72.2% | -6.3% | -52.6% | +82.8% | +66.9% | -33.6% | -30.6% | -18.9% | |
| Income from Continuing Operations | -€7.40B | -€1.04B | €3.38B | €4.14B | — | — | — | — | — | — | — |
| YoY % | +22.5% | ||||||||||
| Income from Discontinued Operations | -€1.97B | -€413.0M | — | — | — | — | — | — | — | — | — |
| Net Income (incl. NCI) | -€9.37B | -€1.46B | €3.38B | €4.14B | €155.0M | -€8.63B | €5.84B | €13.96B | €4.86B | €2.76B | €2.76B |
| YoY % | +22.5% | -96.3% | +139.1% | -65.2% | -43.1% | -0.2% | |||||
| Minority Interest (P&L) | -€595.0M | €7.0M | €3.0M | €11.0M | €7.0M | €7.0M | €19.0M | €74.0M | €89.0M | €140.0M | €150.0M |
| YoY % | -57.1% | +266.7% | -36.4% | 0.0% | +171.4% | +289.5% | +20.3% | +57.3% | +7.1% | ||
| Net Income | — | -€1.46B | €3.37B | €4.13B | €148.0M | -€8.63B | €5.82B | €13.89B | €4.77B | €2.62B | €2.61B |
| YoY % | +22.3% | -96.4% | +138.6% | -65.6% | -45.0% | -0.6% | |||||
| Net Income to Common | -€8.78B | -€1.46B | €3.37B | €4.13B | €148.0M | -€8.63B | €5.73B | €13.78B | €4.66B | €2.49B | €2.37B |
| YoY % | +22.3% | -96.4% | +140.6% | -66.2% | -46.5% | -4.9% | |||||
| EPS (Basic) | -€2.44 | -€0.41 | €0.94 | €1.15 | €0.04 | -€2.42 | €1.61 | €3.96 | €1.41 | €0.79 | €0.78 |
| YoY % | +22.3% | -96.5% | +146.0% | -64.4% | -44.0% | -1.3% | |||||
| EPS (Diluted) | -€2.44 | -€0.41 | €0.94 | €1.15 | €0.04 | -€2.42 | €1.60 | €3.95 | €1.40 | €0.78 | €0.78 |
| YoY % | +22.3% | -96.5% | +146.9% | -64.6% | -44.3% | 0.0% | |||||
| Weighted Avg Shares (Basic) | 3.60B | 3.60B | 3.60B | 3.60B | 3.59B | 3.57B | 3.57B | 3.48B | 3.30B | 3.17B | 3.02B |
| YoY % | 0.0% | 0.0% | 0.0% | -0.2% | -0.5% | -0.2% | -2.3% | -5.2% | -4.1% | -4.5% | |
| Weighted Avg Shares (Diluted) | 3.60B | 3.60B | 3.60B | 3.60B | 3.59B | 3.57B | 3.57B | 3.49B | 3.33B | 3.23B | 3.09B |
| YoY % | 0.0% | +0.0% | +0.0% | -0.3% | -0.6% | +0.0% | -2.3% | -4.7% | -2.9% | -4.4% | |
| Dividends Declared per Share | — | — | €1 | — | €1 | €1 | €0 | — | €1 | €1 | — |
| YoY % | +3.6% | -50.0% | +11.7% |
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.
| €0.92 |
| +6.2% |
| derived (paid ÷ diluted shares) |
| FY20222022-12-31 | €0.86 | — | derived (paid ÷ diluted shares) |
| FY20212021-12-31 | €0.43 | — | reported |
| FY20202020-12-31 | €0.55 | −34.5% | derived (paid ÷ diluted shares) |
| FY20192019-12-31 | €0.84 | +2.4% | derived (paid ÷ diluted shares) |
| FY20182018-12-31 | €0.82 | — | derived (paid ÷ diluted shares) |
| FY20172017-12-31 | €0.80 | — | reported |
| FY20162016-12-31 | €0.80 | −16.7% | derived (paid ÷ diluted shares) |
