Carlsberg A/S (CPH:CARL.B)
Denmark · Delayed Price · Currency is DKK 1,026.00
+25.50 (2.55%)
Nov 4, 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 | Jun '26 Jun 30, 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 |
Revenue Revenue Growth | 90,293 | 89,095 | 75,011 | 73,585 | 70,265 | 60,097 |
Revenue Growth | 1.34% | 18.78% | 1.94% | 4.72% | 16.92% | 2.66% |
Gross Profit Gross Profit Growth | 40,623 | 40,236 | 34,380 | 32,832 | 32,067 | 28,569 |
Operating Income Operating Income Growth | 13,408 | 12,567 | 10,654 | 10,387 | 10,405 | 9,628 |
Net Income Net Income Growth | 6,395 | 5,955 | 9,116 | -40,788 | -1,063 | 6,846 |
Earnings Per Share EPS Growth | 48.19 | 44.90 | 68.59 | -298.92 | -7.60 | 47.43 |
EPS Growth | 7.33% | -34.54% | - | - | - | 15.41% |
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | 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 | 90,293 | 75,011 | 73,585 | 70,265 | 60,097 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Cash & Investments Cash & Investments Growth | 9,653 | 9,585 | 11,601 | 15,618 | 8,163 | 8,344 |
Total Debt Total Debt Growth | 60,112 | 70,623 | 38,140 | 39,101 | 28,646 | 28,922 |
Net Cash (Debt) Net Cash Growth | -50,459 | -61,038 | -26,539 | -23,483 | -20,483 | -20,578 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -380.58 | -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 | Jun '26 Jun 30, 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 Cash Flow Operating Cash Flow Growth | 13,938 | 12,431 | 13,570 | 10,613 | 14,901 | 12,278 |
Capital Expenditures CapEx Growth | -5,777 | -4,924 | -4,668 | -3,887 | -4,018 | -3,903 |
Free Cash Flow Free Cash Flow Growth | 8,161 | 7,507 | 8,902 | 6,726 | 10,883 | 8,375 |
Free Cash Flow Growth | 8.71% | -15.67% | 32.35% | -38.20% | 29.95% | 28.21% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Gross Margin | 44.99% | 45.16% | 45.83% | 44.62% | 45.64% | 47.54% |
Operating Margin | 14.85% | 14.11% | 14.20% | 14.12% | 14.81% | 16.02% |
Pretax Margin | 10.66% | 10.16% | 13.31% | 13.36% | 14.18% | 17.38% |
Profit Margin | 7.08% | 6.68% | 12.15% | -55.43% | -1.51% | 11.39% |
FCF Margin | 9.04% | 8.43% | 11.87% | 9.14% | 15.49% | 13.94% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 5, 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 | 2.83% | 3.37% | 3.74% | 2.95% | 2.78% | 2.09% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 5, 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 | 21.29 | 19.12 | 10.46 | - | - | 23.83 |
Forward PE | 15.09 | 13.49 | 11.88 | 15.09 | 16.83 | 21.73 |
P/FCF Ratio | 17.07 | 15.17 | 10.71 | 18.25 | 12.28 | 19.48 |
PS Ratio | 1.54 | 1.28 | 1.27 | 1.67 | 1.90 | 2.72 |