Vonovia SE 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
Rental Revenue	4,873	4,881	4,707	4,747	3,465	3,069
Property Management Fees	160.8	206.8	167.6	147.1	158.9	77.7
Other Revenue	2,477	1,939	1,146	3,394	1,658	886.7
Total Revenue	7,510	7,027	6,021	8,289	5,281	4,034
Revenue Growth (YoY	20.79%	16.71%	-27.37%	56.94%	30.93%	9.87%
Property Expenses	4,043	3,680	2,773	5,406	2,435	1,552
Selling, General & Administrative	56.9	56.9	54.9	56.3	50.5	51.8
Depreciation & Amortization	456.8	116.5	262.6	224.5	97.7	91.8
Other Operating Expenses	1,341	1,496	985.7	940.3	928.5	736.9
Total Operating Expenses	5,898	5,349	4,076	6,627	3,512	2,433
Operating Income	1,612	1,677	1,945	1,662	1,770	1,601
Interest Expense	-888.3	-908.6	-810.2	-366.9	-411.6	-411.4
Interest & Investment Income	91.1	93.6	233.6	123.4	37.2	35.3
Currency Exchange Gain (Loss)	-	-	-	-	-	4.8
Other Non-Operating Income	-240.7	-95.1	133.1	-9	-44.1	-31.9
EBT Excluding Unusual Items	574	767.2	1,501	1,410	1,351	1,198
Merger & Restructuring Charges	-0.4	-0.4	-3.6	-39.2	-119.2	-18.9
Impairment of Goodwill	-	-	-138.2	-954.3	-3,774	-
Gain (Loss) on Sale of Investments	12.6	23.7	12.7	9.9	8	-
Gain (Loss) on Sale of Assets	4.9	4.9	5.1	3.8	-	-
Total Insurance Settlements	93.5	93.5	90.9	87.2	65.3	54.1
Asset Writedown	448.5	-1,484	-10,643	-1,111	7,483	3,798
Other Unusual Items	-8.3	-8.3	-10.5	-10.5	77.7	-16.1
Pretax Income	1,125	-603.4	-9,185	-604.6	5,092	5,014
Income Tax Expense	-1,784	385.6	-2,577	-29.8	2,652	1,674
Earnings From Continuing Operations	2,909	-989	-6,608	-574.8	2,441	3,340
Earnings From Discontinued Operations	129.4	26.7	-148.1	-94.6	-	-
Net Income to Company	3,038	-962.3	-6,756	-669.4	2,441	3,340
Minority Interest in Earnings	-240	66.3	471.1	25.6	-150.6	-71.5
Net Income	2,798	-896	-6,285	-643.8	2,290	3,269
Preferred Dividends & Other Adjustments	-	-	-	-	38.4	40
Net Income to Common	2,798	-896	-6,285	-643.8	2,252	3,229
Net Income Growth	-	-	-	-	-29.94%	175.36%
Basic Shares Outstanding	829	819	806	788	626	587
Diluted Shares Outstanding	829	819	806	788	626	587
Shares Change (YoY)	1.65%	1.63%	2.28%	25.82%	6.70%	10.21%
EPS (Basic)	3.38	-1.09	-7.80	-0.82	3.59	5.50
EPS (Diluted)	3.38	-1.09	-7.80	-0.84	3.59	5.50
EPS Growth	-	-	-	-	-34.71%	155.39%
Dividend Per Share	1.220	1.220	0.900	0.850	1.660	1.690
Dividend Growth	35.56%	35.56%	5.88%	-48.80%	-1.77%	7.64%
Operating Margin	21.46%	23.87%	32.30%	20.05%	33.51%	39.69%
Profit Margin	37.26%	-12.75%	-104.39%	-7.77%	42.63%	80.04%
EBITDA	2,006	1,769	2,226	1,950	1,844	1,671
EBITDA Margin	26.71%	25.18%	36.97%	23.53%	34.92%	41.42%
D&A For Ebitda	393.7	91.9	280.9	288	74.4	69.7
EBIT	1,612	1,677	1,945	1,662	1,770	1,601
EBIT Margin	21.46%	23.87%	32.30%	20.05%	33.51%	39.69%
Funds From Operations (FFO)	-	-	-	1,982	1,694	1,348
Adjusted Funds From Operations (AFFO)	-	-	-	1,982	1,694	1,348
FFO Payout Ratio	-	-	-	33.93%	30.37%	38.63%
Effective Tax Rate	-	-	-	-	52.07%	33.39%

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