| Market Cap | €6.5M | |
| Enterprise Value | €1.44B | |
| Revenue | €6.78B | +0.0% |
| Gross Profit | — | — |
| EBITDA | €301.4M | −8.1% |
| Net Income | €497.5M | +6.3% |
| Diluted EPS | — | — |
| Free Cash Flow | €953.5M | +4.0% |
| DPS (FY2025) | €0.25 |
| Trailing yield | 3.85% |
| Payout ratio | −52.1% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | €0.25 | — | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own |
|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||
| Operating Margin | 5.09% | 10.82% | — | — | 13.33% | 13.15% | 63% | |
| EBITDA Margin | 17.11% | 20.52% | — | — | 4.84% | 4.45% | 13% | |
| NOPAT Margin | 3.79% | 7.97% | — | — | 10.31% | 9.18% | 63% | |
| Net Margin | 0.69% | 5.68% | — | — | 6.91% | 7.34% | 88% | |
| FCF Margin | 10.24% | 12.44% | — | — | 13.53% | 14.07% | 88% | |
| FCFF Margin | 15.52% | 14.91% | — | — | 18.36% | 17.07% | 63% | |
| FCFE Margin | 28.15% | −1.88% | — | — | 11.59% | 8.31% | 38% | |
| OCF Margin | 14.37% | 17.24% | — | — | 19.08% | 19.27% | 88% | |
| Capex Intensity | 4.13% | 4.80% | — | — | 5.55% | 5.20% | 63% | |
| ▸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 | ||||||||
| ▸Other · 1 ratios | ||||||||
The five drivers multiply to 7.8% vs reported ROE 8.3%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | €4.30B | €5.33B | — | — | €6.77B | €6.78B |
| YoY % | +23.9% | +0.0% | ||||
| Operating Income | €219.1M | €577.1M | — | — | €903.0M | €891.2M |
| YoY % | +163.3% | -1.3% | ||||
| Interest Expense | €305.6M | €179.3M | — | — | €422.9M | €290.6M |
| YoY % | -41.3% | -31.3% | ||||
| Interest & Investment Income | €149.1M | €35.0M | — | — | €136.3M | €106.9M |
| YoY % | -76.5% | -21.6% | ||||
| Equity Method Income | -€5.6M | €1.7M | — | — | €27.5M | €16.1M |
| YoY % | -41.4% | |||||
| Pretax Income | €57.4M | €436.8M | — | — | €647.8M | €760.2M |
| YoY % | +661.3% | +17.3% | ||||
| Income Tax | €14.7M | €115.2M | — | — | €146.7M | €229.5M |
| YoY % | +683.8% | +56.4% | ||||
| Net Income (incl. NCI) | €42.7M | €321.6M | €435.9M | €495.9M | €501.1M | €530.7M |
| YoY % | +653.6% | +35.5% | +13.8% | +1.0% | +5.9% | |
| Minority Interest (P&L) | €12.9M | €18.8M | — | — | €33.1M | €33.2M |
| YoY % | +45.8% | +0.1% | ||||
| Net Income | €29.8M | €302.8M | — | — | €468.0M | €497.5M |
| YoY % | +916.7% | +6.3% | ||||
| EPS (Basic) | €0.03 | €0.30 | — | — | €468.00 | €496.00 |
| YoY % | +910.0% | +6.0% | ||||
| Dividends Declared per Share | — | — | €161 | €0 | €198 | €0 |
| YoY % | -99.9% | +90725.7% | -99.9% |
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.
