| Market Cap | €8.34B | |
| Enterprise Value | — | |
| Revenue | €24.07B | +1.2% |
| Gross Profit | €2.83B | −0.4% |
| EBITDA | €1.57B | −4.7% |
| Net Income | €695.0M | +313.7% |
| Diluted EPS | €4.71 | +316.8% |
| Free Cash Flow | — | — |
| DPS (FY2025) | €2.65 |
| Trailing yield | 4.69% |
| Payout ratio | 57.0% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-08-31 | €2.65 | — | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own |
|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||
| Gross Margin | — | 13.90% | 14.38% | 12.02% | 11.95% | 11.77% | 10% | |
| Operating Margin | — | 1.95% | 4.99% | — | — | — | — | |
| EBITDA Margin | — | — | — | 6.18% | 6.93% | 6.53% | 50% | |
| NOPAT Margin | — | 1.12% | 3.63% | 3.15% | 3.72% | 3.51% | 50% | |
| Net Margin | — | 0.80% | 3.29% | 3.51% | 0.71% | 2.89% | 50% | |
| FCF Margin | — | 3.94% | 3.27% | — | — | — | — | |
| FCFF Margin | — | 4.34% | 3.69% | — | — | — | — | |
| FCFE Margin | — | 10.08% | 0.46% | — | — | — | — | |
| OCF Margin | — | 5.63% | 4.90% | 5.89% | 5.55% | 4.00% | 10% | |
| Gross Profitability | — | 12.75% | 14.52% | 13.08% | 18.94% | 19.08% | 90% | |
| Capex Intensity | — | 1.70% | 1.63% | — | — | — | — | |
| ▸Returns on Capital · 3 ratios | ||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||
| ▸Earnings quality · 5 ratios | ||||||||
| ▸Liquidity & coverage · 5 ratios | ||||||||
| ▸Working capital · 5 ratios | ||||||||
| ▸Capital allocation · 5 ratios | ||||||||
| ▸Per share · 3 ratios | ||||||||
The five drivers multiply to 16.5% vs reported ROE 18.3%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | €17.43B | €21.13B | €22.64B | €23.80B | €24.07B |
| YoY % | +21.2% | +7.2% | +5.1% | +1.2% | |
| Cost of Revenue | €15.01B | €18.09B | €19.92B | €20.95B | €21.24B |
| YoY % | +20.5% | +10.1% | +5.2% | +1.4% | |
| Gross Profit | €2.42B | €3.04B | €2.72B | €2.85B | €2.83B |
| YoY % | +25.4% | -10.4% | +4.6% | -0.4% | |
| Operating Income | €339.0M | €1.05B | — | — | — |
| YoY % | +210.9% | ||||
| Interest Expense | €124.0M | €124.0M | €191.0M | €183.0M | €178.0M |
| YoY % | 0.0% | +54.0% | -4.2% | -2.7% | |
| Interest & Investment Income | €18.0M | €37.0M | €90.0M | €120.0M | €90.0M |
| YoY % | +105.6% | +143.2% | +33.3% | -25.0% | |
| Pretax Income | €237.0M | €968.0M | €749.0M | €996.0M | €904.0M |
| YoY % | +308.4% | -22.6% | +33.0% | -9.2% | |
| Income Tax | €101.0M | €264.0M | €181.0M | €249.0M | €198.0M |
| YoY % | +161.4% | -31.4% | +37.6% | -20.5% | |
| Income from Continuing Operations | — | — | €568.0M | €747.0M | €706.0M |
| YoY % | +31.5% | -5.5% | |||
| Income from Discontinued Operations | — | — | €236.0M | -€568.0M | €0 |
| Net Income (incl. NCI) | €137.0M | €704.0M | €804.0M | €179.0M | €706.0M |
| YoY % | +413.9% | +14.2% | -77.7% | +294.4% | |
| Minority Interest (P&L) | -€2.0M | €9.0M | €10.0M | €11.0M | €11.0M |
| YoY % | +11.1% | +10.0% | 0.0% | ||
| Net Income | €139.0M | €695.0M | €794.0M | €168.0M | €695.0M |
| YoY % | +400.0% | +14.2% | -78.8% | +313.7% | |
| EPS (Basic) | — | — | €5.44 | €1.15 | €4.76 |
| YoY % | -78.9% | +313.9% | |||
| EPS (Diluted) | — | — | €5.38 | €1.13 | €4.71 |
| YoY % | -79.0% | +316.8% | |||
| Dividends Declared per Share | — | — | €2 | €9 | €3 |
| YoY % | +289.2% | -71.6% |
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.
