| Market Cap | €20.62B | |
| Enterprise Value | €35.08B | |
| Revenue | €34.26B | −4.7% |
| Gross Profit | — | — |
| EBITDA | €6.01B | −1.7% |
| Net Income | €952.0M | +91.2% |
| Diluted EPS | €3.39 | +92.6% |
| Free Cash Flow | €2.88B | −13.3% |
| DPS (FY2025) | €4.55derived |
| Trailing yield | 6.20% |
| Payout ratio | 134.3% |
| Growth streak | 1 yr |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | €4.55 | +6.7% | derived (paid ÷ diluted shares) |
| FY20242024-12-31 | €4.26 | −10.3% | derived (paid ÷ diluted shares) |
| FY20232023-12-31 | €4.75 | +24.1% | derived (paid ÷ diluted shares) |
| FY20222022-12-31 |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own |
|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||
| Operating Margin | 3.27% | 16.86% | 12.35% | 8.88% | 9.78% | 9.94% | 58% | |
| EBITDA Margin | 15.36% | 24.23% | 17.79% | 17.39% | 17.03% | 17.56% | 58% | |
| NOPAT Margin | 0.00% | 13.76% | 9.00% | 8.45% | 5.66% | 7.10% | 42% | |
| Net Margin | −0.43% | 6.26% | 3.87% | 3.23% | 1.39% | 2.78% | 42% | |
| FCF Margin | 6.88% | 10.75% | 7.80% | 5.49% | 9.23% | 8.40% | 58% | |
| FCFF Margin | 6.88% | 12.17% | 8.76% | 7.16% | 10.33% | 9.70% | 58% | |
| FCFE Margin | 16.65% | 4.01% | 4.08% | 11.36% | 6.41% | 15.79% | 75% | |
| OCF Margin | 13.19% | 15.73% | 12.97% | 12.18% | 15.31% | 14.63% | 58% | |
| Capex Intensity | 6.31% | 4.98% | 5.16% | 6.69% | 6.07% | 6.23% | 58% | |
| ▸Returns on Capital · 6 ratios | ||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||
| ▸Earnings quality · 7 ratios | ||||||||
| ▸Liquidity & coverage · 9 ratios | ||||||||
| ▸Leverage · 7 ratios | ||||||||
| ▸Working capital · 3 ratios | ||||||||
| ▸Capital allocation · 3 ratios | ||||||||
| ▸Per share · 3 ratios | ||||||||
| ▸Other · 1 ratios | ||||||||
The five drivers multiply to 11.0% vs reported ROE 10.5%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | €23.77B | €26.58B | €34.68B | €36.38B | €35.95B | €34.26B |
| YoY % | +11.8% | +30.4% | +4.9% | -1.2% | -4.7% | |
| Operating Income | €778.0M | €4.48B | €4.28B | €3.23B | €3.52B | €3.41B |
| YoY % | +476.2% | -4.5% | -24.6% | +8.9% | -3.2% | |
| Interest Expense | €497.0M | €462.0M | €458.0M | €640.0M | €680.0M | €620.0M |
| YoY % | -7.0% | -0.9% | +39.7% | +6.3% | -8.8% | |
| Interest & Investment Income | €50.0M | €49.0M | €74.0M | €90.0M | €110.0M | €108.0M |
| YoY % | -2.0% | +51.0% | +21.6% | +22.2% | -1.8% | |
| Equity Method Income | -€31.0M | €250.0M | €223.0M | €218.0M | -€705.0M | €255.0M |
| YoY % | -10.8% | -2.2% | ||||
| Pretax Income | €157.0M | €4.33B | €4.17B | €2.52B | €2.01B | €3.00B |
| YoY % | +2660.5% | -3.8% | -39.5% | -20.4% | +49.2% | |
| Income Tax | €245.0M | €799.0M | €1.13B | €121.0M | €846.0M | €857.0M |
| YoY % | +226.1% | +41.6% | -89.3% | +599.2% | +1.3% | |
| Net Income (incl. NCI) | -€88.0M | €3.54B | €3.04B | €2.40B | €1.16B | €2.14B |
| YoY % | -14.0% | -21.0% | -51.6% | +84.2% | ||
| Minority Interest (P&L) | -€102.0M | €1.66B | €1.34B | €1.13B | €480.0M | — |
| YoY % | -19.4% | -15.6% | -57.5% | |||
| Net Income | -€102.0M | €1.66B | €1.34B | €1.17B | €498.0M | €952.0M |
| YoY % | -19.2% | -12.6% | -57.6% | +91.2% | ||
| EPS (Basic) | -€0.36 | €5.77 | €4.66 | €4.12 | €1.76 | €3.39 |
| YoY % | -19.2% | -11.6% | -57.3% | +92.6% | ||
| EPS (Diluted) | -€0.36 | €5.77 | €4.66 | €4.12 | €1.76 | €3.39 |
| YoY % | -19.2% | -11.6% | -57.3% | +92.6% | ||
| Weighted Avg Shares (Basic) | 288.0M | 288.0M | 288.0M | 284.0M | 282.9M | 281.1M |
| YoY % | 0.0% | 0.0% | -1.4% | -0.4% | -0.6% | |
| Weighted Avg Shares (Diluted) | 288.03T | 288.03T | 288.0M | 284.0M | 282.9M | 281.1M |
| YoY % | 0.0% | -100.0% | -1.4% | -0.4% | -0.6% |
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.
| €3.83 |
| — |
| derived (paid ÷ diluted shares) |
