Construcciones y Auxiliar de Ferrocarriles, S.A. (BME: CAF)

BME: CAF Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,012	3,829	3,168	2,944	2,765	2,612
Revenue Growth (YoY)	8.10%	20.88%	7.62%	6.46%	5.87%	26.60%
Cost of Revenue	2,175	2,175	1,730	1,588	1,518	1,371
Gross Profit	1,837	1,654	1,438	1,355	1,247	1,241
Selling, General & Admin	929.57	929.57	813	724.07	698.72	657.94
Other Operating Expenses	613.17	439.17	392.51	376.52	343.74	374.2
Operating Expenses	1,647	1,473	1,301	1,189	1,132	1,113
Operating Income	190.23	181.23	136.79	166.51	114.74	128.21
Interest Expense	-62.8	-68.8	-62.55	-42.92	-47.64	-72.89
Interest & Investment Income	22.99	13.99	2.49	2.31	4.73	8.7
Earnings From Equity Investments	0.91	5.91	5.56	2.95	-4.18	-1.95
Currency Exchange Gain (Loss)	-11.67	-4.67	-2.95	-2.3	-26.11	-6.12
Other Non Operating Income (Expenses)	12.93	15.43	9.91	4.84	1.38	8.73
EBT Excluding Unusual Items	152.57	143.07	89.26	131.4	42.92	64.69
Merger & Restructuring Charges	-	-	-	-	-2.75	-3.05
Impairment of Goodwill	-2.5	-2.5	-1.01	-	-0.19	-2.68
Gain (Loss) on Sale of Assets	-	-	-	-0.53	8.9	-0.3
Asset Writedown	0.09	0.09	2.86	-1.04	0.19	2.48
Pretax Income	150.16	140.66	91.12	129.83	49.08	61.14
Income Tax Expense	48.34	48.34	36.25	41.06	38.82	36.05
Earnings From Continuing Operations	101.82	92.32	54.86	88.77	10.25	25.09
Minority Interest in Earnings	-4.66	-3.16	-2.68	-2.85	-1.24	-0.35
Net Income	97.16	89.16	52.19	85.92	9.01	24.75
Net Income to Common	97.16	89.16	52.19	85.92	9.01	24.75
Net Income Growth	36.48%	70.84%	-39.26%	853.40%	-63.58%	-43.07%
Shares Outstanding (Basic)	34	34	34	34	35	34
Shares Outstanding (Diluted)	34	34	34	34	35	34
Shares Change (YoY)	-	-0.03%	-0.10%	-1.10%	0.85%	0.43%
EPS (Basic)	2.84	2.60	1.52	2.51	0.26	0.72
EPS (Diluted)	2.83	2.60	1.52	2.51	0.26	0.72
EPS Growth	-	71.05%	-39.35%	863.98%	-63.89%	-43.31%
Free Cash Flow	-	27.19	33.42	108.96	127.85	56.52
Free Cash Flow Per Share	-	0.79	0.98	3.18	3.69	1.64
Dividend Per Share	-	1.110	0.860	1.000	-	0.842
Dividend Growth	-	29.07%	-14.00%	-	-	10.07%
Gross Margin	45.79%	43.20%	45.38%	46.05%	45.09%	47.52%
Operating Margin	4.74%	4.73%	4.32%	5.66%	4.15%	4.91%
Profit Margin	2.42%	2.33%	1.65%	2.92%	0.33%	0.95%
Free Cash Flow Margin	-	0.71%	1.06%	3.70%	4.62%	2.16%
EBITDA	249.64	235.78	184.85	210.96	159.87	173.93
EBITDA Margin	6.22%	6.16%	5.84%	7.17%	5.78%	6.66%
D&A For EBITDA	59.41	54.55	48.07	44.44	45.13	45.72
EBIT	190.23	181.23	136.79	166.51	114.74	128.21
EBIT Margin	4.74%	4.73%	4.32%	5.66%	4.15%	4.91%
Effective Tax Rate	32.19%	34.37%	39.79%	31.63%	79.11%	58.96%

Source: S&P Capital IQ. Standard template. Financial Sources.