Italgas Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	3,034	2,479	2,564	2,183	2,098	2,058
Other Revenue	18.29	18.29	41.94	65.61	36.1	38.9
Revenue	3,052	2,497	2,606	2,248	2,135	2,097
Revenue Growth (YoY)	20.07%	-4.19%	15.92%	5.33%	1.80%	13.04%
Selling, General & Admin	101.57	101.57	91.37	110.28	94.16	95.58
Depreciation & Amortization	634.72	549.12	522.53	478.29	444.39	421.42
Provision for Bad Debts	-0.82	-0.82	0.12	-0.34	0.32	-0.02
Other Operating Expenses	1,266	1,098	1,308	1,062	1,028	976.35
Total Operating Expenses	2,001	1,748	1,922	1,651	1,567	1,493
Operating Income	1,051	748.69	683.88	597.67	568.06	603.5
Interest Expense	-212.12	-135.12	-90.86	-52.31	-47.3	-46.06
Interest Income	17.5	17.5	5.72	0.22	0.82	0.32
Net Interest Expense	-194.62	-117.62	-85.14	-52.09	-46.48	-45.74
Income (Loss) on Equity Investments	9.91	11.21	3.07	2.72	0.39	-
Other Non-Operating Income (Expenses)	15.95	15.95	6.09	15.1	12.17	16.15
EBT Excluding Unusual Items	882.64	658.24	607.9	563.4	534.14	573.9
Gain (Loss) on Sale of Investments	-	-	-	0.66	2.01	1.47
Gain (Loss) on Sale of Assets	1.89	1.89	1.21	25.33	-3.55	1.15
Asset Writedown	12.57	12.57	-23.02	-0.9	-0.86	-18.63
Other Unusual Items	12.2	-	-	-	-6.43	-
Pretax Income	909.29	672.69	586.1	588.5	525.3	557.88
Income Tax Expense	235.16	165.26	118.63	152.37	141.88	152.63
Earnings From Continuing Ops.	674.14	507.44	467.47	436.13	383.42	405.25
Minority Interest in Earnings	-34.98	-28.58	-27.9	-28.84	-20.61	-20.62
Net Income	639.15	478.85	439.57	407.29	362.81	384.63
Net Income to Common	639.15	478.85	439.57	407.29	362.81	384.63
Net Income Growth	33.86%	8.94%	7.93%	12.26%	-5.67%	-7.82%
Shares Outstanding (Basic)	1,015	811	811	815	806	801
Shares Outstanding (Diluted)	1,015	811	811	815	806	801
Shares Change (YoY)	-	0.06%	-0.47%	1.03%	0.62%	-0.13%
EPS (Basic)	0.63	0.59	0.54	0.50	0.45	0.48
EPS (Diluted)	0.63	0.59	0.54	0.50	0.45	0.48
EPS Growth	-	9.26%	8.00%	11.11%	-6.25%	-7.69%
Free Cash Flow	-	1,065	548.14	537.52	808.8	722.16
Free Cash Flow Per Share	-	1.31	0.68	0.66	1.00	0.90
Dividend Per Share	0.406	0.406	0.352	0.317	0.295	0.277
Dividend Growth	-	15.34%	11.04%	7.46%	6.50%	8.20%
Profit Margin	20.94%	19.18%	16.87%	18.12%	17.00%	18.34%
Free Cash Flow Margin	-	42.66%	21.03%	23.91%	37.89%	34.44%
EBITDA	1,734	1,265	1,175	1,051	989.51	1,022
EBITDA Margin	56.79%	50.68%	45.11%	46.76%	46.36%	48.76%
D&A For EBITDA	682.16	516.66	491.62	453.67	421.45	418.89
EBIT	1,051	748.69	683.88	597.67	568.06	603.5
EBIT Margin	34.44%	29.98%	26.24%	26.58%	26.61%	28.78%
Effective Tax Rate	25.86%	24.57%	20.24%	25.89%	27.01%	27.36%
Revenue as Reported	2,539	2,539	2,639	2,312	2,163	2,127

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