Aperam 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	6,080	6,255	6,592	8,156	5,102
Revenue Growth (YoY)	-2.80%	-5.11%	-19.18%	59.86%	40.78%
Cost of Revenue	5,741	5,847	6,262	6,943	3,999
Gross Profit	339	408	330	1,213	1,103
Selling, General & Admin	-	308	277	279	166
Research & Development	-	-	-	-	18
Other Operating Expenses	-	12	13	11	-
Operating Expenses	259	320	290	290	184
Operating Income	80	88	40	923	919
Interest Expense	-90	-47	-43	-22	-10
Interest & Investment Income	-	19	38	22	6
Earnings From Equity Investments	-1	-1	-2	-1	-1
Currency Exchange Gain (Loss)	-	10	-45	2	-1
Other Non Operating Income (Expenses)	-	-32	80	-139	-
EBT Excluding Unusual Items	-11	37	68	785	913
Merger & Restructuring Charges	-	-	-	-48	-7
Asset Writedown	-	41	49	20	11
Legal Settlements	-	-	-	-	7
Other Unusual Items	-64	-	-	-5	119
Pretax Income	-75	78	117	752	1,043
Income Tax Expense	-85	-154	-87	126	74
Earnings From Continuing Operations	10	232	204	626	969
Minority Interest in Earnings	-1	-1	-1	-1	-1
Net Income	9	231	203	625	968
Net Income to Common	9	231	203	625	968
Net Income Growth	-96.10%	13.79%	-67.52%	-35.43%	453.14%
Shares Outstanding (Basic)	72	72	72	75	79
Shares Outstanding (Diluted)	73	73	73	75	80
Shares Change (YoY)	0.36%	0.04%	-3.48%	-5.22%	-0.73%
EPS (Basic)	0.12	3.20	2.81	8.33	12.22
EPS (Diluted)	0.12	3.17	2.79	8.29	12.16
EPS Growth	-96.07%	13.62%	-66.34%	-31.83%	455.25%
Free Cash Flow	248	114	170	346	398
Free Cash Flow Per Share	3.39	1.57	2.34	4.59	5.00
Dividend Per Share	2.000	2.000	2.000	2.000	2.000
Dividend Growth	-	-	-	-	14.29%
Gross Margin	5.58%	6.52%	5.01%	14.87%	21.62%
Operating Margin	1.32%	1.41%	0.61%	11.32%	18.01%
Profit Margin	0.15%	3.69%	3.08%	7.66%	18.97%
Free Cash Flow Margin	4.08%	1.82%	2.58%	4.24%	7.80%
EBITDA	335	246	190	1,068	1,038
EBITDA Margin	5.51%	3.93%	2.88%	13.10%	20.34%
D&A For EBITDA	255	158	150	145	119
EBIT	80	88	40	923	919
EBIT Margin	1.32%	1.41%	0.61%	11.32%	18.01%
Effective Tax Rate	-	-	-	16.75%	7.09%

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