Snam S.p.A. (LON:0NQP)

Snam S.p.A. 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	3,647	3,548	4,244	3,496	3,285	2,753
Other Revenue	28	20	44	19	12	17
Revenue	3,675	3,568	4,288	3,515	3,297	2,770
Revenue Growth (YoY)	-7.96%	-16.79%	21.99%	6.61%	19.02%	3.94%
Cost of Revenue	450	425	1,416	894	741	315
Gross Profit	3,225	3,143	2,872	2,621	2,556	2,455
Selling, General & Admin	282	290	256	244	222	191
Other Operating Expenses	95	107	187	120	75	85
Operating Expenses	1,409	1,381	1,368	1,231	1,106	1,038
Operating Income	1,816	1,762	1,504	1,390	1,450	1,417
Interest Expense	-401	-400	-251	-140	-114	-159
Interest & Investment Income	81	80	35	12	29	24
Earnings From Equity Investments	523	334	484	-138	294	249
Other Non Operating Income (Expenses)	-137	-11	-5	5	-17	-23
EBT Excluding Unusual Items	1,882	1,765	1,767	1,129	1,642	1,508
Impairment of Goodwill	-	-	-40	-7	-	-
Gain (Loss) on Sale of Assets	-13	-13	-11	-28	-14	-14
Asset Writedown	-48	-45	-161	-16	-11	-11
Other Unusual Items	-28	-28	-21	-28	-2	-12
Pretax Income	1,793	1,679	1,534	1,050	1,615	1,471
Income Tax Expense	399	422	389	378	115	370
Earnings From Continuing Operations	1,394	1,257	1,145	672	1,500	1,101
Net Income to Company	1,394	1,257	1,145	672	1,500	1,101
Minority Interest in Earnings	4	2	-10	-1	-4	-
Net Income	1,398	1,259	1,135	671	1,496	1,101
Net Income to Common	1,398	1,259	1,135	671	1,496	1,101
Net Income Growth	30.53%	10.93%	69.15%	-55.15%	35.88%	1.01%
Shares Outstanding (Basic)	3,354	3,354	3,353	3,337	3,271	3,272
Shares Outstanding (Diluted)	3,357	3,356	3,355	3,340	3,357	3,358
Shares Change (YoY)	0.04%	0.04%	0.47%	-0.52%	-0.03%	-0.84%
EPS (Basic)	0.42	0.38	0.34	0.20	0.46	0.34
EPS (Diluted)	0.41	0.37	0.34	0.20	0.45	0.33
EPS Growth	29.78%	10.36%	68.16%	-54.99%	35.82%	1.86%
Free Cash Flow	-782	-724	-1,678	2,967	242	596
Free Cash Flow Per Share	-0.23	-0.22	-0.50	0.89	0.07	0.18
Dividend Per Share	0.174	0.290	0.282	0.275	0.262	0.249
Dividend Growth	-39.52%	3.01%	2.51%	5.00%	5.01%	5.01%
Gross Margin	87.76%	88.09%	66.98%	74.57%	77.53%	88.63%
Operating Margin	49.41%	49.38%	35.08%	39.55%	43.98%	51.15%
Profit Margin	38.04%	35.29%	26.47%	19.09%	45.38%	39.75%
Free Cash Flow Margin	-21.28%	-20.29%	-39.13%	84.41%	7.34%	21.52%
EBITDA	2,826	2,732	2,420	2,250	2,251	2,173
EBITDA Margin	76.90%	76.57%	56.44%	64.01%	68.27%	78.45%
D&A For EBITDA	1,010	970	916	860	801	756
EBIT	1,816	1,762	1,504	1,390	1,450	1,417
EBIT Margin	49.41%	49.38%	35.08%	39.55%	43.98%	51.15%
Effective Tax Rate	22.25%	25.13%	25.36%	36.00%	7.12%	25.15%
Revenue as Reported	3,675	3,568	4,288	3,515	3,297	2,770
Advertising Expenses	-	7	8	7	6	3

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