Associated British Foods plc (LON:ABF)

Associated British Foods Income Statement

Financials in millions GBP. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 13, 2025	Sep 14, 2024	Sep 16, 2023	Sep 17, 2022	Sep 18, 2021
Revenue	19,459	20,073	19,750	16,997	13,884
Revenue Growth (YoY)	-3.06%	1.64%	16.20%	22.42%	-0.38%
Cost of Revenue	17,882	18,239	18,410	15,729	13,008
Gross Profit	1,577	1,834	1,340	1,268	876
Other Operating Expenses	140	-117	-32	124	54
Total Operating Expenses	140	-117	-32	124	54
Operating Income	1,451	1,958	1,380	1,155	828
Interest Income	47	71	48	19	9
Interest Expense	-132	-135	-128	-111	-111
Other Non-Operating Income (Expense)	47	23	40	13	-1
Total Non-Operating Income (Expense)	-38	-41	-40	-79	-103
Pretax Income	1,413	1,917	1,340	1,076	725
Provision for Income Taxes	368	437	272	356	227
Net Income	1,025	1,455	1,044	700	478
Minority Interest in Earnings	20	25	24	20	20
Net Income to Common	1,025	1,455	1,044	700	478
Net Income Growth	-29.55%	39.37%	49.14%	46.44%	5.05%
Shares Outstanding (Basic)	724	751	778	789	790
Shares Outstanding (Diluted)	724	751	778	789	790
Shares Change (YoY)	-3.60%	-3.47%	-1.39%	-0.13%	-
EPS (Basic)	1.42	1.94	1.34	0.89	0.60
EPS (Diluted)	1.42	1.94	1.34	0.89	0.60
EPS Growth	-26.90%	44.34%	51.47%	46.45%	5.04%
Free Cash Flow	1,132	1,750	657	473	862
Free Cash Flow Growth	-35.31%	166.36%	38.90%	-45.13%	-27.68%
Free Cash Flow Per Share	1.56	2.33	0.84	0.60	1.09
Dividends Per Share	0.630	0.630	0.473	0.437	0.267
Dividend Growth	-	33.19%	8.24%	63.67%	-
Gross Margin	8.10%	9.14%	6.78%	7.46%	6.31%
Operating Margin	7.46%	9.75%	6.99%	6.80%	5.96%
Profit Margin	5.37%	7.37%	5.41%	4.24%	3.59%
FCF Margin	5.82%	8.72%	3.33%	2.78%	6.21%
EBITDA	2,439	2,907	2,266	2,025	1,725
EBITDA Margin	12.53%	14.48%	11.47%	11.91%	12.42%
EBIT	1,451	1,958	1,380	1,155	828
EBIT Margin	7.46%	9.75%	6.99%	6.80%	5.96%
Effective Tax Rate	26.04%	22.80%	20.30%	33.09%	31.31%

Updated Sep 13, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.