Gruma 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	6,375	6,487	6,576	5,597	4,624
Revenue Growth (YoY)	-1.73%	-1.36%	17.50%	21.04%	0.99%
Cost of Revenue	3,882	3,988	4,243	3,617	2,960
Gross Profit	2,493	2,499	2,334	1,980	1,663
Selling, General & Admin	1,620	1,611	1,514	1,351	1,144
Other Operating Expenses	-17.54	9.61	5.78	19.02	-18.72
Operating Expenses	1,602	1,621	1,520	1,370	1,126
Operating Income	890.16	877.88	813.49	609.18	537.59
Interest Expense	-117.27	-133.15	-154.63	-108.21	-80.79
Interest & Investment Income	13.15	24.81	11.12	4.54	2.11
Currency Exchange Gain (Loss)	-6.69	29.4	-20.28	-1.59	-2.11
Other Non Operating Income (Expenses)	-15.76	0.66	0.48	5.17	-0.8
EBT Excluding Unusual Items	763.58	799.6	650.17	509.1	455.99
Impairment of Goodwill	-	-	-4.67	-2	-0.15
Gain (Loss) on Sale of Assets	-	1.75	0.81	1.74	8.59
Asset Writedown	-	-	-	-0.14	-2.32
Other Unusual Items	-	-1.38	-16.36	-	-
Pretax Income	763.58	811.94	629.95	510.06	472.13
Income Tax Expense	244.68	279.89	222.13	190.87	169.91
Earnings From Continuing Operations	518.9	532.05	407.82	319.19	302.21
Earnings From Discontinued Operations	-	-	24.83	-	-0.03
Net Income to Company	518.9	532.05	432.65	319.19	302.18
Minority Interest in Earnings	0.37	-0.16	-3.2	0.03	-0.03
Net Income	519.28	531.89	429.45	319.22	302.16
Net Income to Common	519.28	531.89	429.45	319.22	302.16
Net Income Growth	-2.37%	23.85%	34.53%	5.65%	12.00%
Shares Outstanding (Basic)	353	364	370	374	391
Shares Outstanding (Diluted)	353	364	370	374	391
Shares Change (YoY)	-3.08%	-1.46%	-0.98%	-4.43%	-3.38%
EPS (Basic)	1.47	1.46	1.16	0.85	0.77
EPS (Diluted)	1.47	1.46	1.16	0.85	0.77
EPS Growth	0.74%	25.69%	35.86%	10.54%	15.92%
Free Cash Flow	554.29	641.62	529.97	2.75	274.47
Free Cash Flow Per Share	1.57	1.76	1.43	0.01	0.70
Dividend Per Share	-	0.276	0.298	0.277	0.263
Dividend Growth	-	-7.28%	7.69%	5.10%	0.80%
Gross Margin	39.10%	38.52%	35.49%	35.37%	35.97%
Operating Margin	13.96%	13.53%	12.37%	10.88%	11.63%
Profit Margin	8.15%	8.20%	6.53%	5.70%	6.54%
Free Cash Flow Margin	8.70%	9.89%	8.06%	0.05%	5.94%
EBITDA	1,136	1,046	970.13	751.05	667.34
EBITDA Margin	17.82%	16.12%	14.75%	13.42%	14.43%
D&A For EBITDA	245.69	168.05	156.64	141.87	129.75
EBIT	890.16	877.88	813.49	609.18	537.59
EBIT Margin	13.96%	13.53%	12.37%	10.88%	11.63%
Effective Tax Rate	32.04%	34.47%	35.26%	37.42%	35.99%

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