Smith & Nephew plc (LON:SN)
1,150.50
+11.50 (1.01%)
Jun 9, 2026, 12:39 PM GMT
Smith & Nephew Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. 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 |
| 6,164 | 5,810 | 5,549 | 5,215 | 5,212 | |
Revenue Growth (YoY) | 6.09% | 4.70% | 6.40% | 0.06% | 14.30% |
Cost of Revenue | 1,957 | 1,731 | 1,654 | 1,515 | 1,514 |
Gross Profit | 4,207 | 4,079 | 3,895 | 3,700 | 3,698 |
Selling, General & Admin | 3,036 | 2,904 | 2,834 | 2,707 | 2,637 |
Research & Development | 294 | 289 | 320 | 335 | 349 |
Operating Expenses | 3,330 | 3,193 | 3,154 | 3,042 | 2,986 |
Operating Income | 877 | 886 | 741 | 658 | 712 |
Interest Expense | -140 | -145 | -132 | -80 | -80 |
Interest & Investment Income | 28 | 24 | 34 | 14 | 6 |
Earnings From Equity Investments | 113 | -10 | -30 | -141 | 9 |
Other Non Operating Income (Expenses) | -10 | -24 | -6 | -6 | -6 |
EBT Excluding Unusual Items | 868 | 731 | 607 | 445 | 641 |
Merger & Restructuring Charges | -47 | -123 | -220 | -167 | -113 |
Gain (Loss) on Sale of Investments | - | - | - | - | 75 |
Asset Writedown | -10 | -16 | -37 | -39 | -2 |
Legal Settlements | - | - | - | - | -8 |
Other Unusual Items | -32 | -94 | -60 | -4 | -7 |
Pretax Income | 779 | 498 | 290 | 235 | 586 |
Income Tax Expense | 154 | 86 | 27 | 12 | 62 |
Net Income | 625 | 412 | 263 | 223 | 524 |
Net Income to Common | 625 | 412 | 263 | 223 | 524 |
Net Income Growth | 51.70% | 56.65% | 17.94% | -57.44% | 16.96% |
Shares Outstanding (Basic) | 867 | 873 | 871 | 872 | 877 |
Shares Outstanding (Diluted) | 873 | 876 | 873 | 873 | 878 |
Shares Change (YoY) | -0.34% | 0.34% | - | -0.57% | 0.11% |
EPS (Basic) | 0.72 | 0.47 | 0.30 | 0.26 | 0.60 |
EPS (Diluted) | 0.72 | 0.47 | 0.30 | 0.26 | 0.60 |
EPS Growth | 52.34% | 56.15% | 18.04% | -57.29% | 16.60% |
Free Cash Flow | 852 | 606 | 181 | 110 | 469 |
Free Cash Flow Per Share | 0.98 | 0.69 | 0.21 | 0.13 | 0.53 |
Dividend Per Share | 0.391 | 0.375 | 0.375 | 0.375 | 0.375 |
Dividend Growth | 4.27% | - | - | - | - |
Gross Margin | 68.25% | 70.21% | 70.19% | 70.95% | 70.95% |
Operating Margin | 14.23% | 15.25% | 13.35% | 12.62% | 13.66% |
Profit Margin | 10.14% | 7.09% | 4.74% | 4.28% | 10.05% |
Free Cash Flow Margin | 13.82% | 10.43% | 3.26% | 2.11% | 9.00% |
EBITDA | 1,336 | 1,335 | 1,214 | 1,150 | 1,219 |
EBITDA Margin | 21.67% | 22.98% | 21.88% | 22.05% | 23.39% |
D&A For EBITDA | 459 | 449 | 473 | 492 | 507 |
EBIT | 877 | 886 | 741 | 658 | 712 |
EBIT Margin | 14.23% | 15.25% | 13.35% | 12.62% | 13.66% |
Effective Tax Rate | 19.77% | 17.27% | 9.31% | 5.11% | 10.58% |
Advertising Expenses | 91 | 84 | 88 | 92 | 81 |