Wärtsilä Oyj Abp (LON:0IKJ)

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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,688	6,449	6,015	5,842	4,778	4,623
Other Revenue	2	2	3	6	4	2
Revenue	6,690	6,451	6,018	5,848	4,782	4,625
Revenue Growth (YoY)	13.89%	7.20%	2.91%	22.29%	3.40%	-10.89%
Cost of Revenue	3,671	3,474	3,419	3,671	2,691	2,655
Gross Profit	3,019	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	605	611	540	525	389	348
Operating Expenses	2,300	2,302	2,184	2,072	1,811	1,735
Operating Income	719	675	415	105	280	235
Interest Expense	-51	-60	-58	-32	-25	-34
Interest & Investment Income	52	48	29	19	13	16
Earnings From Equity Investments	15	12	9	6	3	3
Currency Exchange Gain (Loss)	-2	-2	2	-1	-4	-16
Other Non Operating Income (Expenses)	-15	-3	18	9	32	-6
EBT Excluding Unusual Items	718	670	415	106	299	198
Impairment of Goodwill	-	-	-15	-47	-	-
Gain (Loss) on Sale of Assets	-5	-5	1	-23	3	11
Asset Writedown	17	19	-41	-73	-12	-21
Pretax Income	733	687	365	-32	297	191
Income Tax Expense	189	180	95	26	103	58
Earnings From Continuing Operations	544	507	270	-58	194	133
Net Income to Company	544	507	270	-58	194	133
Minority Interest in Earnings	-4	-4	-12	-6	-	1
Net Income	540	503	258	-64	194	134
Net Income to Common	540	503	258	-64	194	134
Net Income Growth	87.50%	94.96%	-	-	44.78%	-38.25%
Shares Outstanding (Basic)	585	589	589	590	591	592
Shares Outstanding (Diluted)	587	591	590	590	592	592
Shares Change (YoY)	-0.31%	0.23%	-0.10%	-0.29%	0.03%	-
EPS (Basic)	0.92	0.85	0.44	-0.11	0.33	0.23
EPS (Diluted)	0.92	0.85	0.44	-0.11	0.33	0.23
EPS Growth	88.45%	94.16%	-	-	45.06%	-38.25%
Free Cash Flow	1,077	1,144	769	-133	650	627
Free Cash Flow Per Share	1.83	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	45.13%	46.15%	43.19%	37.23%	43.73%	42.59%
Operating Margin	10.75%	10.46%	6.90%	1.80%	5.85%	5.08%
Profit Margin	8.07%	7.80%	4.29%	-1.09%	4.06%	2.90%
Free Cash Flow Margin	16.10%	17.73%	12.78%	-2.27%	13.59%	13.56%
EBITDA	799	749	484	181	370	329
EBITDA Margin	11.94%	11.61%	8.04%	3.09%	7.74%	7.11%
D&A For EBITDA	80	74	69	76	90	94
EBIT	719	675	415	105	280	235
EBIT Margin	10.75%	10.46%	6.90%	1.80%	5.85%	5.08%
Effective Tax Rate	25.78%	26.20%	26.03%	-	34.68%	30.37%

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.