Jardine Matheson Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	35,577	35,779	36,049	37,496	35,862	32,647
Revenue Growth (YoY)	1.29%	-0.75%	-3.86%	4.56%	9.85%	-20.22%
Cost of Revenue	25,637	25,896	25,775	27,310	26,755	24,349
Gross Profit	9,940	9,883	10,274	10,186	9,107	8,298
Selling, General & Admin	6,324	6,271	6,303	6,313	6,307	6,580
Other Operating Expenses	222	233	-243	110	-1,535	-746
Operating Expenses	6,546	6,504	6,060	6,423	4,772	5,834
Operating Income	3,394	3,379	4,214	3,763	4,335	2,464
Interest Expense	-709	-753	-717	-552	-525	-548
Interest & Investment Income	262	270	253	197	206	242
Earnings From Equity Investments	1,386	1,299	1,386	818	1,269	399
Other Non Operating Income (Expenses)	-43	-43	-52	-73	-70	-89
EBT Excluding Unusual Items	4,290	4,152	5,084	4,153	5,215	2,468
Gain (Loss) on Sale of Investments	-508	-508	-	-	-	-
Asset Writedown	-1,437	-2,213	-1,779	-930	-1,410	-3,477
Other Unusual Items	-	-	-	-	107	331
Pretax Income	2,345	1,431	3,305	3,223	3,912	-678
Income Tax Expense	865	876	943	960	951	486
Earnings From Continuing Operations	1,480	555	2,362	2,263	2,961	-1,164
Minority Interest in Earnings	-1,380	-1,023	-1,676	-1,909	-1,080	770
Net Income	100	-468	686	354	1,881	-394
Net Income to Common	100	-468	686	354	1,881	-394
Net Income Growth	25.00%	-	93.78%	-81.18%	-	-
Shares Outstanding (Basic)	292	290	290	289	313	368
Shares Outstanding (Diluted)	292	290	290	289	313	368
Shares Change (YoY)	0.69%	-	0.35%	-7.67%	-14.95%	-1.87%
EPS (Basic)	0.34	-1.61	2.37	1.22	6.01	-1.07
EPS (Diluted)	0.34	-1.61	2.37	1.22	6.01	-1.07
EPS Growth	24.14%	-	93.89%	-79.70%	-	-
Free Cash Flow	3,414	3,775	2,882	3,772	4,424	4,581
Free Cash Flow Per Share	11.71	13.02	9.94	13.05	14.13	12.45
Dividend Per Share	2.250	2.250	2.250	2.150	2.000	1.720
Dividend Growth	-	-	4.65%	7.50%	16.28%	-
Gross Margin	27.94%	27.62%	28.50%	27.17%	25.39%	25.42%
Operating Margin	9.54%	9.44%	11.69%	10.04%	12.09%	7.55%
Profit Margin	0.28%	-1.31%	1.90%	0.94%	5.24%	-1.21%
Free Cash Flow Margin	9.60%	10.55%	7.99%	10.06%	12.34%	14.03%
EBITDA	4,603	4,553	5,319	4,932	5,573	3,776
EBITDA Margin	12.94%	12.72%	14.75%	13.15%	15.54%	11.57%
D&A For EBITDA	1,209	1,174	1,105	1,169	1,238	1,312
EBIT	3,394	3,379	4,214	3,763	4,335	2,464
EBIT Margin	9.54%	9.44%	11.69%	10.04%	12.09%	7.55%
Effective Tax Rate	36.89%	61.22%	28.53%	29.79%	24.31%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.