Hermès International Société en commandite par actions (HESAF)

HESAF Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	14,233	13,427	11,602	8,982	6,389	6,883
Revenue Growth (YoY)	10.98%	15.73%	29.17%	40.59%	-7.18%	15.38%
Cost of Revenue	4,063	3,720	3,389	2,580	2,013	2,125
Gross Profit	10,170	9,707	8,213	6,402	4,376	4,759
Selling, General & Admin	3,366	3,169	2,680	2,137	1,699	1,816
Other Operating Expenses	672	632	648	547	524	461.4
Operating Expenses	4,223	3,952	3,393	2,806	2,341	2,391
Operating Income	5,947	5,755	4,820	3,596	2,035	2,367
Interest Expense	-60	-56	-45	-32	-29	-24.4
Interest & Investment Income	405	331	67	12	11	19
Earnings From Equity Investments	78	105	50	34	16	15.9
Other Non Operating Income (Expenses)	-88	-83	-84	-77	-68	-63.1
EBT Excluding Unusual Items	6,282	6,052	4,808	3,533	1,965	2,315
Asset Writedown	-96	-106	-123	-65	-54	-28.5
Other Unusual Items	-	-	-	-	91	-
Pretax Income	6,186	5,946	4,685	3,468	2,002	2,286
Income Tax Expense	1,719	1,623	1,305	1,015	613	751
Earnings From Continuing Operations	4,467	4,323	3,380	2,453	1,389	1,535
Minority Interest in Earnings	-14	-12	-13	-8	-4	-7
Net Income	4,453	4,311	3,367	2,445	1,385	1,528
Net Income to Common	4,453	4,311	3,367	2,445	1,385	1,528
Net Income Growth	12.68%	28.04%	37.71%	76.53%	-9.37%	8.73%
Shares Outstanding (Basic)	105	105	105	105	104	104
Shares Outstanding (Diluted)	105	105	105	105	105	105
Shares Change (YoY)	0.12%	-0.09%	-0.03%	0.07%	-0.16%	0.17%
EPS (Basic)	42.51	41.20	32.20	23.37	13.26	14.66
EPS (Diluted)	42.44	41.12	32.09	23.30	13.21	14.55
EPS Growth	12.56%	28.14%	37.73%	76.38%	-9.21%	8.58%
Free Cash Flow	3,880	3,750	3,770	3,002	1,307	1,707
Free Cash Flow Per Share	36.98	35.77	35.93	28.60	12.46	16.25
Dividend Per Share	11.500	15.000	13.000	8.000	4.550	4.550
Dividend Growth	-11.54%	15.38%	62.50%	75.82%	0%	0%
Gross Margin	71.45%	72.29%	70.79%	71.28%	68.49%	69.13%
Operating Margin	41.78%	42.86%	41.54%	40.04%	31.85%	34.39%
Profit Margin	31.29%	32.11%	29.02%	27.22%	21.68%	22.20%
Free Cash Flow Margin	27.26%	27.93%	32.49%	33.42%	20.46%	24.79%
EBITDA	6,208	6,044	5,086	3,829	2,306	2,604
EBITDA Margin	43.62%	45.01%	43.84%	42.63%	36.09%	37.82%
D&A For EBITDA	261	289	266	233	271	236.2
EBIT	5,947	5,755	4,820	3,596	2,035	2,367
EBIT Margin	41.78%	42.86%	41.54%	40.04%	31.85%	34.39%
Effective Tax Rate	27.79%	27.30%	27.85%	29.27%	30.62%	32.85%

Source: S&P Capital IQ. Standard template. Financial Sources.