DSV A/S (CPH:DSV)

DSV A/S Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	276,067	247,331	167,106	150,785	235,665	182,306
Revenue Growth (YoY)	61.97%	48.01%	10.82%	-36.02%	29.27%	57.25%
Cost of Revenue	201,296	180,472	124,132	106,967	183,516	144,691
Gross Profit	74,771	66,859	42,974	43,818	52,149	37,615
Selling, General & Admin	44,428	38,615	21,143	20,821	21,874	17,198
Depreciation & Amortization Expenses	9,737	8,633	5,735	5,274	5,071	4,194
Other Operating Expenses	5,980	4,527	853	-	1,117	478
Total Operating Expenses	60,145	51,775	27,731	26,095	28,062	21,870
Operating Income	14,626	15,084	15,243	17,723	24,087	15,745
Interest Income	481	1,089	650	473	606	206
Interest Expense	-4,390	-4,026	-2,470	-1,706	-1,472	-1,047
Total Non-Operating Income (Expense)	-3,909	-2,937	-1,820	-1,233	-866	-841
Pretax Income	10,717	12,147	13,423	16,490	23,221	14,904
Provision for Income Taxes	3,428	3,684	3,248	4,083	5,550	3,650
Net Income	6,922	8,095	10,109	12,315	17,568	11,205
Minority Interest in Earnings	76	77	66	92	103	49
Earnings From Discontinued Operations	-291	-291	-	-	-	-
Net Income to Common	6,922	8,095	10,109	12,315	17,568	11,205
Net Income Growth	-34.26%	-19.92%	-17.91%	-29.90%	56.79%	163.65%
Shares Outstanding (Basic)	238	236	215	214	227	228
Shares Outstanding (Diluted)	236	236	215	216	230	233
Shares Change (YoY)	5.94%	9.75%	-0.16%	-6.49%	-0.93%	0.46%
EPS (Basic)	29.20	34.30	47.10	57.70	77.30	49.30
EPS (Diluted)	29.30	34.30	47.00	57.10	76.20	48.20
EPS Growth	-38.45%	-27.02%	-17.69%	-25.07%	58.09%	161.96%
Shares Outstanding	238.57	236.75	235.05	209.2	227.32	227.5
Free Cash Flow	14,873	19,416	9,559	14,428	25,332	11,022
Free Cash Flow Growth	-23.40%	103.12%	-33.75%	-43.04%	129.83%	20.39%
Free Cash Flow Per Share	62.95	82.22	44.42	66.95	109.92	47.38
Dividends Per Share	7.000	7.000	7.000	7.000	6.500	5.500
Dividend Growth	-	-	-	7.69%	18.18%	37.50%
Gross Margin	27.08%	27.03%	25.72%	29.06%	22.13%	20.63%
Operating Margin	5.30%	6.10%	9.12%	11.75%	10.22%	8.64%
Profit Margin	2.64%	3.42%	6.09%	8.23%	7.50%	6.17%
FCF Margin	5.39%	7.85%	5.72%	9.57%	10.75%	6.05%
EBITDA	14,626	15,084	15,243	17,723	24,087	15,745
EBIT	14,626	15,084	15,243	17,723	24,087	15,745
EBIT Margin	5.30%	6.10%	9.12%	11.75%	10.22%	8.64%
Effective Tax Rate	31.99%	30.33%	24.20%	24.76%	23.90%	24.49%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.