Severstal Income Statement

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

Millions RUB. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	744,829	829,779	728,314	682,226	873,316	508,037
Revenue Growth (YoY)	-9.64%	13.93%	6.76%	-21.88%	71.90%	0.32%
Cost of Revenue	517,704	530,452	413,065	407,184	369,197	292,250
Gross Profit	227,125	299,327	315,249	275,042	504,119	215,786
Selling, General & Admin	90,464	88,751	71,837	78,391	78,192	71,879
Other Operating Expenses	20,721	16,089	22,313	24,727	22,812	887.4
Operating Expenses	112,396	106,051	94,150	103,440	101,079	72,767
Operating Income	114,729	193,276	221,099	171,602	403,040	143,019
Interest Expense	-21,629	-24,895	-16,641	-8,311	-10,431	-9,983
Interest & Investment Income	25,051	29,589	13,938	5,749	600.32	961.35
Earnings From Equity Investments	996	479	1,490	1,517	3,077	1,257
Currency Exchange Gain (Loss)	-7,848	-5,976	34,814	21,470	-4,502	-26,696
Other Non Operating Income (Expenses)	-17,136	-8,466	-3,944	-1,714	-11,481	-8,208
EBT Excluding Unusual Items	94,163	184,007	250,756	190,313	380,303	100,350
Gain (Loss) on Sale of Assets	-3,426	-2,732	-6,680	-8,342	-1,651	-1,553
Asset Writedown	1,287	60	260	-47,720	-1,426	-813.45
Legal Settlements	7,805	7,805	-8,700	-	-	-1,183
Pretax Income	99,829	189,140	235,636	134,251	377,226	96,801
Income Tax Expense	16,593	39,586	44,729	28,453	71,438	21,667
Earnings From Continuing Operations	83,236	149,554	190,907	105,798	305,788	75,133
Net Income to Company	83,236	149,554	190,907	105,798	305,788	75,133
Minority Interest in Earnings	-171	2	-14	-79	-75.04	-
Net Income	83,065	149,556	190,893	105,719	305,713	75,133
Net Income to Common	83,065	149,556	190,893	105,719	305,713	75,133
Net Income Growth	-39.05%	-21.65%	80.57%	-65.42%	306.89%	-31.48%
Shares Outstanding (Basic)	838	838	838	838	834	825
Shares Outstanding (Diluted)	838	838	838	838	834	825
Shares Change (YoY)	-	-	-	0.48%	1.09%	-2.83%
EPS (Basic)	99.12	178.47	227.80	126.16	366.56	91.07
EPS (Diluted)	99.12	178.47	227.80	126.16	366.20	90.96
EPS Growth	-39.05%	-21.65%	80.57%	-65.55%	302.60%	-29.45%
Free Cash Flow	-41,724	72,515	110,463	155,110	270,744	65,668
Free Cash Flow Per Share	-49.79	86.53	131.82	185.09	324.63	79.60
Dividend Per Share	-	-	191.510	-	-	117.581
Dividend Growth	-	-	-	-	-	8.22%
Gross Margin	30.49%	36.07%	43.29%	40.31%	57.73%	42.48%
Operating Margin	15.40%	23.29%	30.36%	25.15%	46.15%	28.15%
Profit Margin	11.15%	18.02%	26.21%	15.50%	35.01%	14.79%
Free Cash Flow Margin	-5.60%	8.74%	15.17%	22.74%	31.00%	12.93%
EBITDA	154,460	231,511	255,653	207,381	441,235	174,078
EBITDA Margin	20.74%	27.90%	35.10%	30.40%	50.52%	34.27%
D&A For EBITDA	39,731	38,235	34,554	35,779	38,195	31,059
EBIT	114,729	193,276	221,099	171,602	403,040	143,019
EBIT Margin	15.40%	23.29%	30.36%	25.15%	46.15%	28.15%
Effective Tax Rate	16.62%	20.93%	18.98%	21.19%	18.94%	22.38%
Revenue as Reported	744,829	829,779	728,314	682,226	873,316	508,037

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