Wärtsilä Oyj Abp (FRA:MTA)

Wärtsilä Oyj Abp Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,766	6,449	6,015	5,842	4,778	4,623
Other Revenue	2	2	3	6	4	2
Revenue	6,768	6,451	6,018	5,848	4,782	4,625
Revenue Growth (YoY)	8.43%	7.20%	2.91%	22.29%	3.40%	-10.89%
Cost of Revenue	3,696	3,474	3,419	3,671	2,691	2,655
Gross Profit	3,072	2,977	2,599	2,177	2,091	1,970
Selling, General & Admin	1,541	1,541	1,507	1,404	1,272	1,234
Other Operating Expenses	577	611	540	525	389	348
Operating Expenses	2,289	2,302	2,184	2,072	1,811	1,735
Operating Income	783	675	415	105	280	235
Interest Expense	-60	-60	-58	-32	-25	-34
Interest & Investment Income	56	48	29	19	13	16
Earnings From Equity Investments	17	12	9	6	3	3
Currency Exchange Gain (Loss)	-2	-2	2	-1	-4	-16
Other Non Operating Income (Expenses)	3	-3	18	9	32	-6
EBT Excluding Unusual Items	797	670	415	106	299	198
Impairment of Goodwill	-	-	-15	-47	-	-
Gain (Loss) on Sale of Assets	-5	-5	1	-23	3	11
Asset Writedown	2	19	-41	-73	-12	-21
Pretax Income	797	687	365	-32	297	191
Income Tax Expense	193	180	95	26	103	58
Earnings From Continuing Operations	604	507	270	-58	194	133
Net Income to Company	604	507	270	-58	194	133
Minority Interest in Earnings	-4	-4	-12	-6	-	1
Net Income	600	503	258	-64	194	134
Net Income to Common	600	503	258	-64	194	134
Net Income Growth	36.99%	94.96%	-	-	44.78%	-38.25%
Shares Outstanding (Basic)	587	589	589	590	591	592
Shares Outstanding (Diluted)	591	591	590	590	592	592
Shares Change (YoY)	-1.00%	0.23%	-0.10%	-0.29%	0.03%	-
EPS (Basic)	1.02	0.85	0.44	-0.11	0.33	0.23
EPS (Diluted)	1.02	0.85	0.44	-0.11	0.33	0.23
EPS Growth	38.88%	94.16%	-	-	45.06%	-38.25%
Free Cash Flow	1,316	1,144	769	-133	650	627
Free Cash Flow Per Share	2.23	1.94	1.30	-0.23	1.10	1.06
Dividend Per Share	0.440	0.440	0.320	0.260	0.240	0.200
Dividend Growth	37.50%	37.50%	23.08%	8.33%	20.00%	-58.33%
Gross Margin	45.39%	46.15%	43.19%	37.23%	43.73%	42.59%
Operating Margin	11.57%	10.46%	6.90%	1.80%	5.85%	5.08%
Profit Margin	8.87%	7.80%	4.29%	-1.09%	4.06%	2.90%
Free Cash Flow Margin	19.44%	17.73%	12.78%	-2.27%	13.59%	13.56%
EBITDA	880	749	484	181	370	329
EBITDA Margin	13.00%	11.61%	8.04%	3.09%	7.74%	7.11%
D&A For EBITDA	97	74	69	76	90	94
EBIT	783	675	415	105	280	235
EBIT Margin	11.57%	10.46%	6.90%	1.80%	5.85%	5.08%
Effective Tax Rate	24.22%	26.20%	26.03%	-	34.68%	30.37%

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