Rockwool Income Statement

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

Millions EUR. 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
Operating Revenue	3,877	3,855	3,620	3,907	3,088
Revenue	3,877	3,855	3,620	3,907	3,088
Revenue Growth (YoY)	0.57%	6.49%	-7.35%	26.52%	18.68%
Cost of Revenue	1,264	1,282	1,302	1,682	1,116
Gross Profit	2,613	2,573	2,318	2,225	1,972
Selling, General & Admin	1,433	1,342	1,270	1,602	1,376
Other Operating Expenses	314	299	273	-14	-6
Operating Expenses	2,019	1,897	1,785	1,824	1,571
Operating Income	594	676	533	401	401
Interest Expense	-18	-17	-22	-11	-10
Interest & Investment Income	49	34	13	5	2
Earnings From Equity Investments	1	1	2	1	1
Currency Exchange Gain (Loss)	-17	1	11	-40	-1
EBT Excluding Unusual Items	609	695	537	356	393
Merger & Restructuring Charges	-	-	-6	-	-
Impairment of Goodwill	-5	-	-8	-	-
Gain (Loss) on Sale of Investments	-	-	-	1	-
Gain (Loss) on Sale of Assets	-394	8	4	1	-
Asset Writedown	-17	-7	-5	-	-
Pretax Income	193	696	522	358	393
Income Tax Expense	165	146	133	85	90
Earnings From Continuing Operations	28	550	389	273	303
Net Income	28	550	389	273	303
Net Income to Common	28	550	389	273	303
Net Income Growth	-94.91%	41.39%	42.49%	-9.90%	20.72%
Shares Outstanding (Basic)	205	214	216	216	216
Shares Outstanding (Diluted)	206	214	216	216	216
Shares Change (YoY)	-3.85%	-1.00%	-0.01%	-0.03%	-0.80%
EPS (Basic)	0.14	2.58	1.80	1.27	1.40
EPS (Diluted)	0.10	2.58	1.80	1.26	1.40
EPS Growth	-96.12%	43.11%	42.86%	-10.00%	21.63%
Free Cash Flow	149	441	386	68	131
Free Cash Flow Per Share	0.72	2.06	1.79	0.32	0.61
Dividend Per Share	0.600	0.845	0.577	0.470	0.471
Dividend Growth	-28.97%	46.43%	22.61%	-0.04%	9.49%
Gross Margin	67.40%	66.74%	64.03%	56.95%	63.86%
Operating Margin	15.32%	17.54%	14.72%	10.26%	12.99%
Profit Margin	0.72%	14.27%	10.75%	6.99%	9.81%
Free Cash Flow Margin	3.84%	11.44%	10.66%	1.74%	4.24%
EBITDA	833	895	739	604	574
EBITDA Margin	21.49%	23.22%	20.41%	15.46%	18.59%
D&A For EBITDA	239	219	206	203	173
EBIT	594	676	533	401	401
EBIT Margin	15.32%	17.54%	14.72%	10.26%	12.99%
Effective Tax Rate	85.49%	20.98%	25.48%	23.74%	22.90%
Revenue as Reported	3,899	3,871	3,635	3,922	3,094

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.