Sodexo S.A. (EPA: SW)

Sodexo Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	56,397	56,017	44,322	37,589	34,694	37,929
Other Revenue	44	39	76	55	66	81
Revenue	56,441	56,056	44,398	37,644	34,760	38,010
Revenue Growth (YoY)	8.56%	26.26%	17.94%	8.30%	-8.55%	6.35%
Cost of Revenue	25,729	25,816	19,311	16,740	15,395	17,723
Gross Profit	30,712	30,240	25,087	20,904	19,365	20,287
Selling, General & Admin	25,762	25,442	20,953	17,111	15,681	16,326
Other Operating Expenses	84	-71	-105	-319	209	133
Operating Expenses	28,776	28,273	23,522	19,210	18,081	18,611
Operating Income	1,936	1,967	1,565	1,694	1,284	1,676
Interest Expense	-507	-474	-291	-228	-252	-302
Interest & Investment Income	135	83	31	21	32	39
Earnings From Equity Investments	19	59	-30	222	216	350
Currency Exchange Gain (Loss)	14	14	-	-	-	-
Other Non Operating Income (Expenses)	-36	-33	-27	-11	-33	-11
EBT Excluding Unusual Items	1,561	1,616	1,248	1,698	1,247	1,752
Merger & Restructuring Charges	-70	-71	-	-33	-88	-51
Impairment of Goodwill	-3	-3	-	-	-75	-
Gain (Loss) on Sale of Investments	22	22	71	-	-	-
Gain (Loss) on Sale of Assets	184	184	236	114	39	63
Legal Settlements	25	-	-	-	-62	-
Other Unusual Items	-	-	-	-42	26	8
Pretax Income	1,719	1,748	1,555	1,737	1,087	1,772
Income Tax Expense	554	547	424	432	317	452
Earnings From Continuing Operations	1,165	1,201	1,131	1,305	770	1,320
Minority Interest in Earnings	-164	-161	-158	-180	-74	-136
Net Income	1,001	1,040	973	1,125	696	1,184
Net Income to Common	1,001	1,040	973	1,125	696	1,184
Net Income Growth	-4.76%	6.89%	-13.51%	61.64%	-41.22%	-9.48%
Shares Outstanding (Basic)	378	376	381	381	380	373
Shares Outstanding (Diluted)	378	376	381	382	380	373
Shares Change (YoY)	0.78%	-1.39%	-0.18%	0.40%	1.87%	1.11%
EPS (Basic)	2.65	2.77	2.55	2.95	1.83	3.18
EPS (Diluted)	2.65	2.77	2.55	2.95	1.83	3.17
EPS Growth	-5.37%	8.54%	-13.53%	61.14%	-42.27%	-10.45%
Free Cash Flow	3,942	3,320	951	1,584	1,720	1,844
Free Cash Flow Per Share	10.42	8.83	2.49	4.15	4.52	4.94
Dividend Per Share	1.900	1.900	1.800	1.800	1.700	1.700
Dividend Growth	5.56%	5.56%	0%	5.88%	0%	0%
Gross Margin	54.41%	53.95%	56.50%	55.53%	55.71%	53.37%
Operating Margin	3.43%	3.51%	3.52%	4.50%	3.69%	4.41%
Profit Margin	1.77%	1.86%	2.19%	2.99%	2.00%	3.11%
Free Cash Flow Margin	6.98%	5.92%	2.14%	4.21%	4.95%	4.85%
EBITDA	4,212	4,229	3,739	3,709	3,078	3,457
EBITDA Margin	7.46%	7.54%	8.42%	9.85%	8.86%	9.09%
D&A For EBITDA	2,276	2,262	2,174	2,015	1,794	1,781
EBIT	1,936	1,967	1,565	1,694	1,284	1,676
EBIT Margin	3.43%	3.51%	3.52%	4.50%	3.69%	4.41%
Effective Tax Rate	32.23%	31.29%	27.27%	24.87%	29.16%	25.51%

Source: S&P Capital IQ. Standard template. Financial Sources.