Rheinmetall AG (ETR: RHM)

Rheinmetall AG 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	8,826	7,176	6,410	5,658	5,405	6,255
Other Revenue	-	-	-	-	-	81
Revenue	8,826	7,176	6,410	5,658	5,405	6,336
Revenue Growth (YoY)	27.19%	11.95%	13.29%	4.68%	-14.69%	1.86%
Cost of Revenue	4,190	3,239	3,030	2,628	2,728	3,311
Gross Profit	4,636	3,937	3,380	3,030	2,677	3,025
Selling, General & Admin	2,285	2,056	1,843	1,643	1,537	1,678
Other Operating Expenses	857	727	552	526	461	575
Operating Expenses	3,520	3,091	2,644	2,405	2,248	2,531
Operating Income	1,116	846	736	625	429	494
Interest Expense	-125	-111	-32	-31	-40	-46
Interest & Investment Income	19	29	12	4	9	11
Earnings From Equity Investments	43	57	39	11	13	37
Other Non Operating Income (Expenses)	-19	-4	-45	-14	-13	-19
EBT Excluding Unusual Items	1,034	817	710	595	398	477
Merger & Restructuring Charges	-2	-2	-1	-	-	-
Impairment of Goodwill	-	-	-	-	-3	-
Gain (Loss) on Sale of Assets	-	-	8	2	-	2
Asset Writedown	-	-	-	-15	-29	-2
Pretax Income	1,032	815	717	582	366	477
Income Tax Expense	259	185	183	150	83	123
Earnings From Continuing Operations	773	630	534	432	283	354
Earnings From Discontinued Operations	-122	-44	6	-100	-283	-
Net Income to Company	651	586	540	332	-	354
Minority Interest in Earnings	-88	-51	-66	-41	-27	-19
Net Income	563	535	474	291	-27	335
Net Income to Common	563	535	474	291	-27	335
Net Income Growth	10.61%	12.87%	62.89%	-	-	9.84%
Shares Outstanding (Basic)	43	43	43	43	43	43
Shares Outstanding (Diluted)	47	46	43	43	43	43
Shares Change (YoY)	2.66%	6.87%	0.18%	0.25%	0.26%	0.26%
EPS (Basic)	12.96	12.32	10.93	6.72	-0.63	7.78
EPS (Diluted)	12.64	12.06	10.93	6.72	-0.63	7.78
EPS Growth	8.87%	10.35%	62.59%	-	-	9.56%
Free Cash Flow	882	345	-175	419	216	314
Free Cash Flow Per Share	18.89	7.44	-4.04	9.68	5.00	7.29
Dividend Per Share	5.700	5.700	4.300	3.300	2.000	2.400
Dividend Growth	32.56%	32.56%	30.30%	65.00%	-16.67%	14.29%
Gross Margin	52.53%	54.86%	52.73%	53.55%	49.53%	47.74%
Operating Margin	12.64%	11.79%	11.48%	11.05%	7.94%	7.80%
Profit Margin	6.38%	7.46%	7.39%	5.14%	-0.50%	5.29%
Free Cash Flow Margin	9.99%	4.81%	-2.73%	7.41%	4.00%	4.96%
EBITDA	1,419	1,079	922	802	663	717
EBITDA Margin	16.08%	15.04%	14.38%	14.17%	12.27%	11.32%
D&A For EBITDA	303	233	186	177	234	223
EBIT	1,116	846	736	625	429	494
EBIT Margin	12.64%	11.79%	11.48%	11.05%	7.94%	7.80%
Effective Tax Rate	25.10%	22.70%	25.52%	25.77%	22.68%	25.79%

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