Hexagon AB (publ) (CHIX:HEXABS)

Hexagon AB 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,424	5,401	5,435	5,161	4,341	3,764
Revenue Growth (YoY)	-0.48%	-0.63%	5.32%	18.88%	15.32%	-3.67%
Cost of Revenue	1,789	1,791	1,892	1,800	1,541	1,372
Gross Profit	3,635	3,610	3,543	3,361	2,800	2,393
Selling, General & Admin	1,531	1,512	1,642	1,437	1,114	956
Research & Development	709.9	683.7	674.5	607.1	455.6	410.7
Other Operating Expenses	40.9	-8.5	-22.6	-16.3	-64.6	-69.3
Operating Expenses	2,281	2,187	2,294	2,028	1,505	1,297
Operating Income	1,354	1,422	1,250	1,333	1,295	1,095
Interest Expense	-160.9	-170	-152.8	-34.9	-19.1	-23.3
Interest & Investment Income	13	12.7	12.4	7.6	4.4	5.7
Currency Exchange Gain (Loss)	0.6	0.6	-23.9	-4.1	8.3	-17.6
Other Non Operating Income (Expenses)	-11.3	-11.3	-13.6	-10.7	-10.8	-9.6
EBT Excluding Unusual Items	1,195	1,254	1,072	1,291	1,278	1,050
Merger & Restructuring Charges	-10.8	-10.8	-8.2	-50	-31.2	-15.6
Impairment of Goodwill	-	-	-	-	-	-8.5
Gain (Loss) on Sale of Assets	-	-	10.2	3.8	10.4	0.4
Asset Writedown	-42.9	-42.9	-54.5	-13.4	-173.3	-136.6
Other Unusual Items	61.4	61.4	41.6	16.7	-100.2	-130.4
Pretax Income	1,203	1,262	1,061	1,248	983.6	759.6
Income Tax Expense	216.4	227.1	188.9	228.9	173.6	134.9
Earnings From Continuing Operations	986.4	1,035	871.8	1,019	810	624.7
Minority Interest in Earnings	-11.7	-11.6	-12.9	-11.5	-8.4	-6.6
Net Income	974.7	1,023	858.9	1,008	801.6	618.1
Net Income to Common	974.7	1,023	858.9	1,008	801.6	618.1
Net Income Growth	14.36%	19.15%	-14.76%	25.70%	29.69%	-12.00%
Shares Outstanding (Basic)	2,684	2,684	2,688	2,693	2,599	2,573
Shares Outstanding (Diluted)	2,705	2,705	2,706	2,706	2,606	2,574
Shares Change (YoY)	-0.02%	-0.02%	-0.01%	3.84%	1.26%	0.67%
EPS (Basic)	0.36	0.38	0.32	0.37	0.31	0.24
EPS (Diluted)	0.36	0.38	0.32	0.37	0.31	0.24
EPS Growth	14.29%	19.24%	-14.79%	20.78%	28.33%	-12.50%
Free Cash Flow	1,416	1,473	1,234	1,169	1,173	1,197
Free Cash Flow Per Share	0.52	0.54	0.46	0.43	0.45	0.47
Dividend Per Share	0.140	0.140	0.130	0.120	0.110	0.090
Dividend Growth	7.69%	7.69%	8.33%	9.09%	22.22%	1.58%
Gross Margin	67.02%	66.83%	65.19%	65.13%	64.50%	63.56%
Operating Margin	24.96%	26.33%	22.99%	25.83%	29.83%	29.09%
Profit Margin	17.97%	18.95%	15.80%	19.53%	18.46%	16.42%
Free Cash Flow Margin	26.10%	27.27%	22.70%	22.66%	27.01%	31.80%
EBITDA	1,582	1,648	1,478	1,542	1,449	1,241
EBITDA Margin	29.17%	30.52%	27.20%	29.88%	33.38%	32.98%
D&A For EBITDA	228.5	226	228.6	208.8	153.8	146.2
EBIT	1,354	1,422	1,250	1,333	1,295	1,095
EBIT Margin	24.96%	26.33%	22.99%	25.83%	29.83%	29.09%
Effective Tax Rate	17.99%	17.99%	17.81%	18.34%	17.65%	17.76%

Updated Jan 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.