FRA:WB2 Income Statement

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

Millions USD. 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	11,167	10,387	9,677	8,362	7,822
Revenue Growth (YoY)	7.51%	7.34%	15.73%	6.90%	3.52%
Cost of Revenue	7,296	6,984	6,704	5,783	5,453
Gross Profit	3,871	3,403	2,973	2,579	2,369
Selling, General & Admin	1,370	1,219	1,114	1,021	1,026
Research & Development	223	206	218	209	176
Amortization of Goodwill & Intangibles	300	301	319	291	287
Operating Expenses	1,893	1,726	1,651	1,521	1,489
Operating Income	1,978	1,677	1,322	1,058	880
Interest Expense	-225	-201	-218	-179	-172
Earnings From Equity Investments	2	8	25	17	20
Currency Exchange Gain (Loss)	-6	-19	-20	6	8
Other Non Operating Income (Expenses)	17	-2	32	-2	1
EBT Excluding Unusual Items	1,766	1,463	1,141	900	737
Merger & Restructuring Charges	-174	-53	-49	-46	-
Pretax Income	1,592	1,410	1,092	854	737
Income Tax Expense	409	343	267	213	172
Earnings From Continuing Operations	1,183	1,067	825	641	565
Minority Interest in Earnings	-13	-11	-10	-8	-7
Net Income	1,170	1,056	815	633	558
Preferred Dividends & Other Adjustments	3	3	2	2	-
Net Income to Common	1,167	1,053	813	631	558
Net Income Growth	10.79%	29.57%	28.75%	13.44%	34.78%
Shares Outstanding (Basic)	171	174	179	182	188
Shares Outstanding (Diluted)	171	175	180	183	188
Shares Change (YoY)	-2.12%	-2.62%	-1.80%	-2.82%	-1.21%
EPS (Basic)	6.84	6.05	4.55	3.46	2.97
EPS (Diluted)	6.83	6.04	4.53	3.46	2.96
EPS Growth	13.08%	33.33%	30.93%	16.89%	36.41%
Free Cash Flow	1,499	1,627	1,015	889	943
Free Cash Flow Per Share	8.76	9.31	5.66	4.86	5.01
Dividend Per Share	1.000	0.800	0.680	0.600	0.480
Dividend Growth	25.00%	17.65%	13.33%	25.00%	-
Gross Margin	34.66%	32.76%	30.72%	30.84%	30.29%
Operating Margin	17.71%	16.14%	13.66%	12.65%	11.25%
Profit Margin	10.45%	10.14%	8.40%	7.55%	7.13%
Free Cash Flow Margin	13.42%	15.66%	10.49%	10.63%	12.06%
EBITDA	2,435	2,134	1,797	1,484	1,321
EBITDA Margin	21.80%	20.54%	18.57%	17.75%	16.89%
D&A For EBITDA	457	457	475	426	441
EBIT	1,978	1,677	1,322	1,058	880
EBIT Margin	17.71%	16.14%	13.66%	12.65%	11.25%
Effective Tax Rate	25.69%	24.33%	24.45%	24.94%	23.34%
Revenue as Reported	11,167	10,387	9,677	8,362	7,822

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