Veolia Environnement Income Statement

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

Millions EUR. 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	44,396	44,692	45,351	42,885	28,508
Revenue Growth (YoY)	-0.66%	-1.45%	5.75%	50.43%	9.61%
Selling, General & Admin	4,326	4,459	4,334	4,170	2,893
Other Operating Expenses	36,668	37,044	38,029	36,012	24,138
Total Operating Expenses	41,043	41,560	42,419	40,236	27,082
Operating Income	3,353	3,132	2,932	2,649	1,426
Interest Expense	-825	-855	-769	-620	-393.9
Interest Income	4	3	3	4	124.3
Net Interest Expense	-821	-852	-766	-616	-269.6
Income (Loss) on Equity Investments	90	132	123	127	104.8
Currency Exchange Gain (Loss)	-68	-99	-79	-213	7.9
Other Non-Operating Income (Expenses)	-299	-330	-480	-309	-134.7
EBT Excluding Unusual Items	2,255	1,983	1,730	1,638	1,134
Restructuring Charges	-134	-137	-76	-116	-68.2
Total Merger & Restructuring Charges	-6	-32	-10	-87	-155.9
Impairment of Goodwill	-4	-3	-2	-69	10.8
Gain (Loss) on Sale of Investments	213	318	366	301	-13.4
Gain (Loss) on Sale of Assets	-	65	-	-	-7
Asset Writedown	-	-78	-135	-171	-
Other Unusual Items	-	-2	-4	-	-
Pretax Income	2,324	2,114	1,869	1,496	900.7
Income Tax Expense	587	566	511	420	345.8
Earnings From Continuing Ops.	1,737	1,548	1,358	1,076	554.9
Earnings From Discontinued Ops.	-118	-103	-24	-78	-
Net Income to Company	1,619	1,445	1,334	998	554.9
Minority Interest in Earnings	-402	-347	-397	-282	-150.6
Net Income	1,217	1,098	937	716	404.3
Preferred Dividends & Other Adjustments	89	-	-	-	-
Net Income to Common	1,128	1,098	937	716	404.3
Net Income Growth	10.84%	17.18%	30.87%	77.10%	355.29%
Shares Outstanding (Basic)	729	720	705	688	593
Shares Outstanding (Diluted)	732	741	731	714	618
Shares Change (YoY)	-1.21%	1.37%	2.38%	15.53%	6.57%
EPS (Basic)	1.55	1.52	1.33	1.04	0.68
EPS (Diluted)	1.54	1.48	1.28	1.00	0.65
EPS Growth	3.85%	15.60%	28.08%	53.96%	317.51%
Free Cash Flow	2,097	2,073	1,865	1,364	1,418
Free Cash Flow Per Share	2.87	2.80	2.55	1.91	2.29
Dividend Per Share	1.500	1.400	1.250	1.120	1.000
Dividend Growth	7.14%	12.00%	11.61%	12.00%	42.86%
Profit Margin	2.54%	2.46%	2.07%	1.67%	1.42%
Free Cash Flow Margin	4.72%	4.64%	4.11%	3.18%	4.98%
EBITDA	5,891	5,571	5,429	5,136	3,093
EBITDA Margin	13.27%	12.46%	11.97%	11.98%	10.85%
D&A For EBITDA	2,538	2,439	2,497	2,487	1,667
EBIT	3,353	3,132	2,932	2,649	1,426
EBIT Margin	7.55%	7.01%	6.46%	6.18%	5.00%
Effective Tax Rate	25.26%	26.77%	27.34%	28.07%	38.39%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.