A.P. Møller - Mærsk Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	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
Revenue	53,988	55,482	51,065	81,529	61,787
Revenue Growth (YoY)	-2.69%	8.65%	-37.37%	31.95%	55.48%
Cost of Revenue	44,545	43,375	41,574	44,882	37,748
Gross Profit	9,443	12,107	9,491	36,647	24,039
Depreciation & Amortization Expenses	6,671	6,220	6,615	6,186	4,944
Other Operating Expenses	-225	-243	-623	-267	-93
Total Operating Expenses	6,446	5,977	5,992	5,919	4,851
Operating Income	2,997	6,130	3,499	30,728	19,188
Interest Income	2,463	2,254	2,239	1,220	1,038
Interest Expense	-1,989	-1,568	-1,376	-1,717	-1,496
Total Non-Operating Income (Expense)	474	686	863	-497	-458
Pretax Income	3,471	6,816	4,362	30,231	18,730
Provision for Income Taxes	556	584	454	910	697
Net Income	2,725	6,109	3,822	29,198	17,942
Minority Interest in Earnings	190	123	86	123	91
Net Income to Common	2,725	6,109	3,822	29,198	17,942
Net Income Growth	-55.39%	59.84%	-86.91%	62.73%	529.54%
Shares Outstanding (Basic)	15	16	17	18	19
Shares Outstanding (Diluted)	15	16	17	18	19
Shares Change (YoY)	-3.32%	-6.38%	-7.83%	-4.30%	-2.65%
EPS (Basic)	179.00	387.00	227.00	1600.00	941.00
EPS (Diluted)	178.00	387.00	227.00	1595.00	938.00
EPS Growth	-54.01%	70.48%	-85.77%	70.04%	546.90%
Shares Outstanding	14.67	15.71	15.98	17.62	18.71
Free Cash Flow	4,962	7,207	5,997	30,313	19,046
Free Cash Flow Growth	-31.15%	20.18%	-80.22%	59.16%	192.75%
Free Cash Flow Per Share	324.88	456.22	355.40	1655.75	995.59
Dividends Per Share	75.461	155.481	76.373	287.357	381.000
Dividend Growth	-51.47%	103.58%	-73.42%	-24.58%	592.73%
Gross Margin	17.49%	21.82%	18.59%	44.95%	38.91%
Operating Margin	5.55%	11.05%	6.85%	37.69%	31.06%
Profit Margin	5.40%	11.23%	7.65%	35.96%	29.19%
FCF Margin	9.19%	12.99%	11.74%	37.18%	30.83%
EBITDA	9,668	12,350	10,114	36,914	24,132
EBITDA Margin	17.91%	22.26%	19.81%	45.28%	39.06%
EBIT	2,997	6,130	3,499	30,728	19,188
EBIT Margin	5.55%	11.05%	6.85%	37.69%	31.06%
Effective Tax Rate	16.02%	8.57%	10.41%	3.01%	3.72%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.