FRA:L0T Income Statement

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

Millions USD. 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
Revenue	20,246	19,672	19,552	18,341	17,585	17,164
Revenue Growth (YoY)	3.51%	0.61%	6.60%	4.30%	2.45%	3.19%
Cost of Revenue	11,985	11,467	11,630	11,162	10,411	10,397
Gross Profit	8,261	8,205	7,922	7,179	7,174	6,767
Selling, General & Admin	3,926	3,868	3,906	3,686	3,564	3,241
Research & Development	1,281	1,311	1,205	1,026	816	810
Operating Expenses	5,207	5,179	5,111	4,712	4,380	4,051
Operating Income	3,054	3,026	2,811	2,467	2,794	2,716
Interest Expense	-412	-463	-505	-86	-40	-66
Interest & Investment Income	17	-	26	-	34	49
Earnings From Equity Investments	6	8	11	13	27	7
Currency Exchange Gain (Loss)	-36	-42	-37	-	-	-
Other Non Operating Income (Expenses)	41	34	38	53	60	4
EBT Excluding Unusual Items	2,670	2,563	2,344	2,447	2,875	2,710
Other Unusual Items	14	18	17	65	-	-
Pretax Income	2,781	2,581	2,361	2,512	2,875	2,710
Income Tax Expense	491	531	743	563	600	652
Earnings From Continuing Operations	2,290	2,050	1,618	1,949	2,275	2,058
Earnings From Discontinued Operations	-	-	-4	18	18	11,839
Net Income to Company	2,290	2,050	1,614	1,967	2,293	13,897
Minority Interest in Earnings	-74	-57	-229	-51	-46	-51
Net Income	2,216	1,993	1,385	1,916	2,247	13,846
Net Income to Common	2,216	1,993	1,385	1,916	2,247	13,846
Net Income Growth	32.30%	43.90%	-27.71%	-14.73%	-83.77%	808.53%
Shares Outstanding (Basic)	457	456	455	454	454	-
Shares Outstanding (Diluted)	458	459	458	454	454	-
Shares Change (YoY)	-0.11%	0.22%	0.88%	-	-	-
EPS (Basic)	4.85	4.37	3.04	4.22	4.95	-
EPS (Diluted)	4.83	4.34	3.03	4.22	4.95	-
EPS Growth	32.35%	43.18%	-28.16%	-14.74%	-	-
Free Cash Flow	1,400	1,550	1,714	1,803	1,359	1,450
Free Cash Flow Per Share	3.06	3.38	3.74	3.97	2.99	-
Dividend Per Share	0.140	0.125	0.120	-	-	-
Dividend Growth	16.67%	4.17%	-	-	-	-
Gross Margin	40.80%	41.71%	40.52%	39.14%	40.80%	39.43%
Operating Margin	15.08%	15.38%	14.38%	13.45%	15.89%	15.82%
Profit Margin	10.95%	10.13%	7.08%	10.45%	12.78%	80.67%
Free Cash Flow Margin	6.92%	7.88%	8.77%	9.83%	7.73%	8.45%
EBITDA	3,626	3,606	3,421	3,100	3,419	3,346
EBITDA Margin	17.91%	18.33%	17.50%	16.90%	19.44%	19.49%
D&A For EBITDA	572	580	610	633	625	630
EBIT	3,054	3,026	2,811	2,467	2,794	2,716
EBIT Margin	15.08%	15.38%	14.38%	13.45%	15.89%	15.82%
Effective Tax Rate	17.66%	20.57%	31.47%	22.41%	20.87%	24.06%
Revenue as Reported	20,246	19,672	19,552	18,341	17,585	17,164

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