Carlsberg A/S (CABGY)

Carlsberg Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 10, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	21,166	17,897	13,232	18,207	19,195	24,955
Market Cap Growth	50.68%	35.26%	-27.33%	-5.14%	-23.08%	6.43%
Enterprise Value	31,348	28,388	17,217	22,061	22,604	28,938
Last Close Price	31.05	26.11	18.69	24.06	25.04	32.11
PE Ratio	22.61	19.12	10.46	-	-	23.83
PS Ratio	1.51	1.28	1.27	1.67	1.90	2.72
PB Ratio	4.39	3.71	3.11	4.77	3.85	3.35
P/FCF Ratio	17.93	15.17	10.71	18.25	12.28	19.48
P/OCF Ratio	10.83	9.16	7.02	11.57	8.97	13.29
EV/Sales Ratio	2.21	2.03	1.65	2.02	2.24	3.15
EV/EBITDA Ratio	10.49	10.33	8.62	10.69	11.27	13.87
EV/EBIT Ratio	14.88	14.37	11.64	14.32	15.12	19.65
EV/FCF Ratio	26.56	24.05	13.93	22.12	14.46	22.59
Debt / Equity Ratio	2.30	2.30	1.25	1.52	0.83	0.59
Debt / EBITDA Ratio	3.90	3.90	2.55	2.72	2.00	2.06
Debt / FCF Ratio	9.41	9.41	4.28	5.81	2.63	3.45
Asset Turnover	0.67	0.67	0.66	0.65	0.58	0.49
Inventory Turnover	7.48	7.48	6.91	7.07	6.88	6.30
Quick Ratio	0.43	0.43	0.42	0.50	0.33	0.38
Current Ratio	0.60	0.60	0.57	0.64	0.70	0.53
Return on Equity (ROE)	22.77%	22.77%	28.41%	26.36%	19.61%	18.00%
Return on Assets (ROA)	5.86%	5.86%	5.90%	5.71%	5.38%	4.91%
Return on Invested Capital (ROIC)	10.56%	13.02%	16.05%	16.13%	13.73%	11.34%
Return on Capital Employed (ROCE)	11.90%	11.90%	15.70%	16.10%	15.60%	11.60%
Earnings Yield	4.42%	5.23%	9.56%	-33.22%	-0.80%	4.20%
FCF Yield	5.58%	6.59%	9.34%	5.48%	8.15%	5.13%
Dividend Yield	1.71%	17.46%	20.05%	16.64%	15.49%	11.43%
Payout Ratio	59.93%	59.93%	39.50%	-	-	46.55%
Buyback Yield / Dilution	1.28%	0.29%	2.59%	2.67%	2.84%	1.67%
Total Shareholder Return	2.99%	17.75%	22.64%	19.32%	18.33%	13.10%

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