Italgas Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	3,663	3,508	2,479	2,564	2,183	2,098
Other Revenue	55.48	62.38	18.29	41.94	65.61	36.1
Revenue	3,719	3,571	2,497	2,606	2,248	2,135
Revenue Growth (YoY)	44.65%	43.00%	-4.19%	15.92%	5.33%	1.80%
Selling, General & Admin	160.72	160.72	101.57	91.37	110.28	94.16
Depreciation & Amortization	778.54	712.34	549.12	522.53	478.29	444.39
Provision for Bad Debts	2.61	2.61	-0.82	0.12	-0.34	0.32
Other Operating Expenses	1,525	1,504	1,098	1,308	1,062	1,028
Total Operating Expenses	2,467	2,380	1,748	1,922	1,651	1,567
Operating Income	1,252	1,191	748.69	683.88	597.67	568.06
Interest Expense	-268.22	-237.92	-135.12	-90.86	-52.31	-47.3
Interest Income	6.67	6.67	17.5	5.72	0.22	0.82
Net Interest Expense	-261.55	-231.25	-117.62	-85.14	-52.09	-46.48
Income (Loss) on Equity Investments	12.19	10.89	11.21	3.07	2.72	0.39
Other Non-Operating Income (Expenses)	-5.23	-5.13	15.95	6.09	15.1	12.17
EBT Excluding Unusual Items	997.37	965.57	658.24	607.9	563.4	534.14
Gain (Loss) on Sale of Investments	-	-	-	-	0.66	2.01
Gain (Loss) on Sale of Assets	0.83	0.83	1.89	1.21	25.33	-3.55
Asset Writedown	19.26	19.26	12.57	-23.02	-0.9	-0.86
Other Unusual Items	-13.2	-	-	-	-	-6.43
Pretax Income	1,004	985.66	672.69	586.1	588.5	525.3
Income Tax Expense	291.07	279.87	165.26	118.63	152.37	141.88
Earnings From Continuing Ops.	713.2	705.8	507.44	467.47	436.13	383.42
Minority Interest in Earnings	-30.68	-33.48	-28.58	-27.9	-28.84	-20.61
Net Income	682.52	672.32	478.85	439.57	407.29	362.81
Net Income to Common	682.52	672.32	478.85	439.57	407.29	362.81
Net Income Growth	28.76%	40.40%	8.94%	7.93%	12.26%	-5.67%
Shares Outstanding (Basic)	1,016	943	811	811	815	806
Shares Outstanding (Diluted)	1,016	943	811	811	815	806
Shares Change (YoY)	25.18%	16.21%	0.06%	-0.47%	1.03%	0.62%
EPS (Basic)	0.67	0.71	0.59	0.54	0.50	0.45
EPS (Diluted)	0.66	0.70	0.59	0.54	0.50	0.45
EPS Growth	1.74%	19.49%	9.26%	8.00%	11.11%	-6.25%
Free Cash Flow	-	1,582	1,065	548.14	537.52	808.8
Free Cash Flow Per Share	-	1.68	1.31	0.68	0.66	1.00
Dividend Per Share	0.432	0.432	0.406	0.352	0.317	0.295
Dividend Growth	6.40%	6.40%	15.34%	11.04%	7.46%	6.50%
Profit Margin	18.35%	18.83%	19.18%	16.87%	18.12%	17.00%
Free Cash Flow Margin	-	44.31%	42.66%	21.03%	23.91%	37.89%
EBITDA	1,970	1,859	1,265	1,175	1,051	989.51
EBITDA Margin	52.97%	52.06%	50.68%	45.11%	46.76%	46.36%
D&A For EBITDA	717.97	667.75	516.66	491.62	453.67	421.45
EBIT	1,252	1,191	748.69	683.88	597.67	568.06
EBIT Margin	33.67%	33.36%	29.98%	26.24%	26.58%	26.61%
Effective Tax Rate	28.98%	28.39%	24.57%	20.24%	25.89%	27.01%
Revenue as Reported	3,737	3,589	2,539	2,639	2,312	2,163

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