Carlsberg A/S (CPH:CARL.B)
Denmark · Delayed Price · Currency is DKK 905.60
-6.60 (-0.72%)
Jul 24, 2026, 5:00 PM CET
Carlsberg Financials Overview
Financials in millions DKK. Fiscal year is January - December.
Millions DKK. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | 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 |
Revenue Revenue Growth | 89,095 | 89,095 | 75,011 | 73,585 | 70,265 | 60,097 |
Revenue Growth | 8.57% | 18.78% | 1.94% | 4.72% | 16.92% | 2.66% |
Gross Profit Gross Profit Growth | 40,236 | 40,236 | 34,380 | 32,832 | 32,067 | 28,569 |
Operating Income Operating Income Growth | 11,430 | 11,430 | 10,892 | 10,674 | 10,686 | 10,832 |
Net Income Net Income Growth | 5,955 | 5,955 | 9,116 | -40,788 | -1,063 | 6,846 |
Earnings Per Share EPS Growth | 44.90 | 44.90 | 68.60 | -299.70 | -7.60 | 47.40 |
EPS Growth | -33.38% | -34.55% | - | - | - | 15.33% |
| Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period Ending | 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 |
Beer Beer Growth | - | 55,279 | 54,312 | 51,825 | 46,720 |
Other Beverage Other Beverage Growth | - | 18,649 | 18,277 | 17,569 | 12,705 |
Other Sources Other Sources Growth | - | 1,083 | 996 | 871 | 672 |
Revenue (Total) Revenue (Total) Growth | 89,095 | 75,011 | 73,585 | 70,265 | 60,097 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | 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 |
Cash & Investments Cash & Investments Growth | 9,585 | 9,585 | 11,601 | 15,618 | 8,163 | 8,344 |
Total Debt Total Debt Growth | 70,623 | 70,623 | 38,140 | 39,101 | 28,646 | 28,922 |
Net Cash (Debt) Net Cash Growth | -61,038 | -61,038 | -26,539 | -23,483 | -20,483 | -20,578 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -460.53 | -460.53 | -199.66 | -172.09 | -146.10 | -142.61 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | 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 Cash Flow Operating Cash Flow Growth | 12,431 | 12,431 | 11,312 | 11,607 | 12,949 | 12,278 |
Capital Expenditures CapEx Growth | -4,924 | -4,924 | -4,668 | -3,887 | -4,018 | -3,905 |
Free Cash Flow Free Cash Flow Growth | 7,507 | 7,507 | 6,644 | 7,720 | 8,931 | 8,373 |
Free Cash Flow Growth | 30.83% | 12.99% | -13.94% | -13.56% | 6.66% | 28.18% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | 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 |
Gross Margin | 45.16% | 45.16% | 45.83% | 44.62% | 45.64% | 47.54% |
Operating Margin | 12.83% | 12.83% | 14.52% | 14.51% | 15.21% | 18.02% |
Pretax Margin | 10.16% | 10.16% | 13.31% | 13.36% | 14.18% | 17.38% |
Profit Margin | 7.83% | 7.83% | 10.67% | 10.83% | 11.65% | 13.80% |
FCF Margin | 8.43% | 8.43% | 8.86% | 10.49% | 12.71% | 13.93% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 26, 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 |
Dividend Per Share Dividend Per Share Growth | 29.000 | 29.000 | 27.000 | 27.000 | 27.000 | 24.000 |
Dividend Per Share Growth | 7.41% | 7.41% | 0% | 0% | 12.50% | 9.09% |
Dividend Yield | 3.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 26, 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 |
PE Ratio | 20.17 | 18.60 | 10.06 | - | - | 23.83 |
Forward PE | 13.64 | 13.49 | 11.88 | 15.09 | 16.83 | 21.73 |
P/FCF Ratio | 17.02 | 14.71 | 13.72 | 14.71 | 14.20 | 19.14 |
PS Ratio | 1.43 | 1.24 | 1.21 | 1.54 | 1.80 | 2.67 |