Deutsche Börse AG (LON:0H3T)

Deutsche Börse AG 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,276	5,972	5,133	4,692	4,219	3,519
Other Revenue	952.7	1,052	962.9	533	144.6	197.9
Revenue	7,229	7,023	6,096	5,225	4,363	3,717
Revenue Growth (YoY)	9.02%	15.21%	16.66%	19.75%	17.38%	12.54%
Cost of Revenue	1,300	1,219	1,058	995.6	937.1	542.6
Gross Profit	5,929	5,804	5,038	4,230	3,426	3,175
Selling, General & Admin	1,844	1,775	1,504	1,257	1,023	838.7
Other Operating Expenses	645.6	669.1	578.6	427.8	410	456.5
Operating Expenses	2,975	2,924	2,468	2,019	1,715	1,551
Operating Income	2,955	2,881	2,571	2,210	1,711	1,623
Interest Expense	-174.7	-179.3	-110.9	-83.7	-69.2	-97.7
Interest & Investment Income	76.5	79.4	43	18	118.7	50.3
Earnings From Equity Investments	7.7	7.2	1.8	6.8	-	-
Currency Exchange Gain (Loss)	-18	-18	3.9	1.7	-0.8	0.3
Other Non Operating Income (Expenses)	-8.6	-8.5	-7.1	2.5	-2.3	-3.4
EBT Excluding Unusual Items	2,838	2,762	2,501	2,156	1,758	1,573
Merger & Restructuring Charges	-	-	-	-28	-36.4	-36.4
Gain (Loss) on Sale of Investments	-	-	-15.8	-	-	-
Asset Writedown	-16.2	-16.2	-33.7	-21.1	-11.8	-8.2
Pretax Income	2,821	2,745	2,452	2,107	1,709	1,528
Income Tax Expense	730.3	698.9	654.9	543.3	444.4	403.1
Earnings From Continuing Operations	2,091	2,046	1,797	1,563	1,265	1,125
Net Income to Company	2,091	2,046	1,797	1,563	1,265	1,125
Minority Interest in Earnings	-105.2	-97.9	-72.8	-68.8	-55.2	-45.2
Net Income	1,986	1,949	1,724	1,494	1,210	1,080
Net Income to Common	1,986	1,949	1,724	1,494	1,210	1,080
Net Income Growth	10.10%	13.02%	15.36%	23.54%	12.02%	7.57%
Shares Outstanding (Basic)	184	184	184	184	184	183
Shares Outstanding (Diluted)	184	184	185	184	184	183
Shares Change (YoY)	-0.07%	-0.20%	0.33%	0.04%	0.25%	0.04%
EPS (Basic)	10.80	10.60	9.35	8.14	6.59	5.89
EPS (Diluted)	10.78	10.58	9.34	8.12	6.58	5.89
EPS Growth	10.25%	13.28%	15.02%	23.40%	11.78%	7.61%
Free Cash Flow	2,376	2,353	2,500	2,374	871.1	1,351
Free Cash Flow Per Share	12.89	12.77	13.54	12.90	4.74	7.36
Dividend Per Share	4.000	4.000	3.800	3.600	3.200	3.000
Dividend Growth	5.26%	5.26%	5.56%	12.50%	6.67%	3.45%
Gross Margin	82.02%	82.64%	82.65%	80.95%	78.52%	85.40%
Operating Margin	40.87%	41.02%	42.17%	42.30%	39.22%	43.67%
Profit Margin	27.47%	27.74%	28.28%	28.60%	27.72%	29.05%
Free Cash Flow Margin	32.87%	33.50%	41.00%	45.43%	19.96%	36.34%
EBITDA	3,148	3,068	2,733	2,349	1,834	1,710
EBITDA Margin	43.54%	43.69%	44.82%	44.95%	42.02%	46.00%
D&A For EBITDA	192.9	187.7	162	138.7	122.4	86.6
EBIT	2,955	2,881	2,571	2,210	1,711	1,623
EBIT Margin	40.87%	41.02%	42.17%	42.30%	39.22%	43.67%
Effective Tax Rate	25.88%	25.46%	26.71%	25.79%	26.00%	26.38%
Revenue as Reported	-	-	-	5,333	4,447	3,756

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