Terna S.p.A. (BIT:TRN)

PetIQ 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
Operating Revenue	3,742	3,616	3,123	2,898	2,535	2,378
Other Revenue	41.2	38.7	31.2	26.3	30.7	19.4
Revenue	3,783	3,655	3,154	2,924	2,565	2,397
Revenue Growth (YoY)	10.86%	15.88%	7.85%	14.00%	7.02%	3.54%
Selling, General & Admin	25.9	25.2	20.5	19.4	15.4	13.1
Depreciation & Amortization	901.4	874.3	797.6	718.7	654.1	626.1
Other Operating Expenses	1,090	1,064	969.2	863.8	722.2	651.5
Total Operating Expenses	2,017	1,963	1,787	1,602	1,392	1,291
Operating Income	1,766	1,692	1,367	1,323	1,174	1,106
Interest Expense	-277.6	-274.4	-187.2	-113.9	-92.1	-83.1
Interest Income	115.4	125.6	84.6	14.6	11.6	9.6
Net Interest Expense	-162.2	-148.8	-102.6	-99.3	-80.5	-73.5
Income (Loss) on Equity Investments	6.4	3.9	2.6	-1	0.3	-3.9
Currency Exchange Gain (Loss)	-1.1	0.1	-0.4	2.7	3.8	-3.8
Other Non-Operating Income (Expenses)	-22	-21.1	-16.1	16.2	17.6	-3
EBT Excluding Unusual Items	1,587	1,526	1,250	1,241	1,115	1,022
Restructuring Charges	-14.7	-14.8	-17.2	-12.6	-3.2	-2.9
Gain (Loss) on Sale of Assets	5.6	5.1	13.7	5.5	4.9	8
Asset Writedown	-13.3	-14.7	-8.7	-7	-0.3	-8.3
Insurance Settlements	5.8	3.5	5.7	3.2	4.1	1.4
Legal Settlements	0.8	1.1	0.9	3.2	1.3	-0.5
Other Unusual Items	-	-	-	-	-	73
Pretax Income	1,571	1,506	1,245	1,233	1,122	1,093
Income Tax Expense	476.9	455	364.3	355.4	317.9	297.4
Earnings From Continuing Ops.	1,094	1,051	880.3	878	803.6	795.3
Earnings From Discontinued Ops.	11.6	11.6	2.5	-20.3	-12.8	-
Net Income to Company	1,106	1,063	882.8	857.7	790.8	795.3
Minority Interest in Earnings	-1.2	-0.6	2.6	-0.7	-1.4	-9.8
Net Income	1,105	1,062	885.4	857	789.4	785.5
Preferred Dividends & Other Adjustments	61.1	12.4	-	-	-	-
Net Income to Common	1,044	1,050	885.4	857	789.4	785.5
Net Income Growth	8.44%	19.93%	3.31%	8.56%	0.50%	3.72%
Shares Outstanding (Basic)	1,981	2,006	2,069	2,007	2,009	2,009
Shares Outstanding (Diluted)	1,981	2,006	2,069	2,007	2,009	2,009
Shares Change (YoY)	-5.35%	-3.03%	3.07%	-0.08%	-0.01%	0.01%
EPS (Basic)	0.53	0.52	0.43	0.43	0.39	0.39
EPS (Diluted)	0.53	0.52	0.43	0.43	0.39	0.39
EPS Growth	8.22%	22.14%	0.23%	8.65%	0.51%	3.71%
Free Cash Flow	-591.1	-889.2	-963.9	831.4	-511.9	-245.2
Free Cash Flow Per Share	-0.30	-0.44	-0.47	0.41	-0.26	-0.12
Dividend Per Share	0.277	0.396	0.340	0.314	0.291	0.270
Dividend Growth	-39.63%	16.67%	8.02%	8.00%	8.02%	7.80%
Profit Margin	27.59%	28.72%	28.07%	29.30%	30.77%	32.77%
Free Cash Flow Margin	-15.62%	-24.33%	-30.56%	28.43%	-19.96%	-10.23%
EBITDA	2,619	2,529	2,133	2,041	1,830	1,733
EBITDA Margin	69.22%	69.20%	67.63%	69.80%	71.32%	72.31%
D&A For EBITDA	852.9	837.7	766.4	718.6	656	626.9
EBIT	1,766	1,692	1,367	1,323	1,174	1,106
EBIT Margin	46.68%	46.28%	43.33%	45.22%	45.75%	46.15%
Effective Tax Rate	30.35%	30.21%	29.27%	28.82%	28.35%	27.22%
Revenue as Reported	3,820	3,680	3,187	2,965	2,606	2,490

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