DSM-Firmenich AG (AMS:DSFIR)

DSM-Firmenich AG Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	13,011	12,799	10,627	8,390	7,269	8,106
Revenue Growth (YoY)	4.46%	20.44%	26.66%	15.42%	-10.33%	1.35%
Cost of Revenue	8,454	8,554	8,016	5,700	4,657	5,330
Gross Profit	4,557	4,245	2,611	2,690	2,612	2,776
Selling, General & Admin	2,848	2,848	2,535	1,772	1,649	1,622
Research & Development	888	888	652	295	274	398
Other Operating Expenses	-317	-	-16	-29	-21	84
Operating Expenses	3,419	3,736	3,171	2,038	1,902	2,104
Operating Income	1,138	509	-560	652	710	672
Interest Expense	-162	-162	-138	-104	-92	-90
Interest & Investment Income	70	70	95	22	3	17
Earnings From Equity Investments	-52	-5	-6	12	16	-64
Currency Exchange Gain (Loss)	-41	-41	-86	-20	-8	-22
Other Non Operating Income (Expenses)	-27	1	-26	-1	-9	14
EBT Excluding Unusual Items	926	372	-721	561	620	527
Merger & Restructuring Charges	-39	-39	-59	-3	-20	-55
Gain (Loss) on Sale of Investments	5	5	-1	-7	326	32
Gain (Loss) on Sale of Assets	47	47	17	31	13	-
Legal Settlements	-	-	-	-	2	23
Other Unusual Items	21	21	57	5	2	7
Pretax Income	981	427	-654	599	953	563
Income Tax Expense	210	147	-18	124	123	106
Earnings From Continuing Operations	771	280	-636	475	830	457
Earnings From Discontinued Operations	-	-	2,789	1,240	850	51
Net Income to Company	771	280	2,153	1,715	1,680	508
Minority Interest in Earnings	-53	-30	-16	-15	-4	-2
Net Income	718	250	2,137	1,700	1,676	506
Preferred Dividends & Other Adjustments	-	-	6	6	6	7
Net Income to Common	718	250	2,131	1,694	1,670	499
Net Income Growth	-	-88.30%	25.71%	1.43%	231.23%	-33.25%
Shares Outstanding (Basic)	-	265	233	173	173	172
Shares Outstanding (Diluted)	-	265	233	173	173	172
Shares Change (YoY)	-	13.37%	34.68%	-0.06%	0.56%	-2.48%
EPS (Basic)	-	0.94	9.14	9.80	9.67	2.91
EPS (Diluted)	-	0.94	9.14	9.77	9.63	2.89
EPS Growth	-	-89.71%	-6.47%	1.45%	233.22%	-31.84%
Free Cash Flow	881	1,133	710	459	994	1,036
Free Cash Flow Per Share	-	4.28	3.04	2.65	5.73	6.01
Dividend Per Share	-	2.500	2.500	2.530	2.500	2.400
Dividend Growth	-	-	-1.19%	1.20%	4.17%	-
Gross Margin	35.02%	33.17%	24.57%	32.06%	35.93%	34.25%
Operating Margin	8.75%	3.98%	-5.27%	7.77%	9.77%	8.29%
Profit Margin	5.52%	1.95%	20.05%	20.19%	22.97%	6.16%
Free Cash Flow Margin	6.77%	8.85%	6.68%	5.47%	13.68%	12.78%
EBITDA	2,140	1,599	345	1,234	1,305	1,209
EBITDA Margin	16.45%	12.49%	3.25%	14.71%	17.95%	14.92%
D&A For EBITDA	1,002	1,090	905	582	595	537
EBIT	1,138	509	-560	652	710	672
EBIT Margin	8.75%	3.98%	-5.27%	7.77%	9.77%	8.29%
Effective Tax Rate	21.41%	34.43%	-	20.70%	12.91%	18.83%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.