| Market Cap | €3.52B | |
| Enterprise Value | — | |
| Revenue | €10.21B | −0.7% |
| Gross Profit | — | — |
| EBITDA | — | — |
| Net Income | €497.0M | −5.0% |
| Diluted EPS | €8.40 | −3.6% |
| Free Cash Flow | — | — |
| DPS (FY2025) | €4.20 |
| Trailing yield | 7.00% |
| Payout ratio | 49.9% |
| Growth streak | 1 yr |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | €4.20 | +9.1% | reported |
| FY20242024-12-31 | €3.85 | +0.0% | reported |
| FY20232023-12-31 | €3.85 | +16.7% | reported |
| FY20222022-12-31 | €3.30 | — |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 7y | vs own |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | 11.60% | 9.68% | 12.21% | 12.17% | 12.12% | — | — | — | |
| NOPAT Margin | 8.74% | 6.72% | 8.78% | 8.70% | 8.75% | — | — | — | |
| Net Margin | 7.47% | 5.65% | 7.83% | 7.89% | 7.09% | 5.09% | 4.87% | 7% | |
| FCF Margin | 10.63% | 12.75% | 12.78% | 12.21% | — | — | — | — | |
| FCFE Margin | 9.02% | 16.77% | 15.77% | 11.21% | — | — | — | — | |
| OCF Margin | 15.33% | 17.25% | 16.04% | 15.87% | 16.48% | 17.64% | 15.81% | 21% | |
| Capex Intensity | 4.71% | 4.50% | 3.26% | 3.65% | — | — | — | — | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 4 ratios | |||||||||
| ▸Liquidity & coverage · 2 ratios | |||||||||
| ▸Working capital · 3 ratios | |||||||||
| ▸Capital allocation · 3 ratios | |||||||||
The five drivers multiply to 16.2% vs reported ROE 15.0%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | €5.36B | €5.73B | €7.12B | €8.15B | €8.35B | €10.28B | €10.21B |
| YoY % | +7.0% | +24.1% | +14.6% | +2.3% | +23.2% | -0.7% | |
| Operating Income | €621.0M | €555.0M | €869.0M | €992.0M | €1.01B | — | — |
| YoY % | -10.6% | +56.6% | +14.2% | +1.9% | |||
| Equity Method Income | — | — | — | — | €0 | €1.0M | €0 |
| YoY % | -100.0% | ||||||
| Pretax Income | €531.0M | €467.0M | €775.0M | €899.0M | €820.0M | €869.0M | €786.0M |
| YoY % | -12.1% | +66.0% | +16.0% | -8.8% | +6.0% | -9.6% | |
| Income Tax | €131.0M | €143.0M | €218.0M | €256.0M | €228.0M | €346.0M | €289.0M |
| YoY % | +9.2% | +52.4% | +17.4% | -10.9% | +51.8% | -16.5% | |
| Net Income (incl. NCI) | €400.0M | €324.0M | €557.0M | €643.0M | €592.0M | €523.0M | €497.0M |
| YoY % | -19.0% | +71.9% | +15.4% | -7.9% | -11.7% | -5.0% | |
| Minority Interest (P&L) | — | — | — | €0 | €0 | €0 | €0 |
| Net Income | €400.0M | €324.0M | €557.0M | €643.0M | €592.0M | €523.0M | €497.0M |
| YoY % | -19.0% | +71.9% | +15.4% | -7.9% | -11.7% | -5.0% | |
| EPS (Basic) | €6.86 | €5.52 | €9.49 | €10.92 | €10.09 | €8.76 | €8.47 |
| YoY % | -19.5% | +71.9% | +15.1% | -7.6% | -13.2% | -3.3% | |
| EPS (Diluted) | €6.81 | €5.52 | €9.36 | €10.77 | €10.01 | €8.71 | €8.40 |
| YoY % | -18.9% | +69.6% | +15.1% | -7.1% | -13.0% | -3.6% | |
| Dividends Declared per Share | — | — | — | €3 | €4 | €4 | €4 |
| YoY % | +16.7% | 0.0% | +9.1% |
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.
| reported |
| FY20212021-12-31 | — | — | reported |
| FY20202020-12-31 | — | — | reported |
| FY20192019-12-31 | — | — | reported |
