LVMHF Income Statement

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

Millions EUR. 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
Revenue	80,807	84,683	86,153	79,184	64,215
Revenue Growth (YoY)	-4.58%	-1.71%	8.80%	23.31%	43.81%
Cost of Revenue	27,279	27,918	26,876	24,988	20,355
Gross Profit	53,528	56,765	59,277	54,196	43,860
Selling, General & Admin	35,848	37,222	36,482	33,178	26,722
Other Operating Expenses	581	636	235	17	-17
Operating Income	17,099	18,907	22,560	21,001	17,155
Interest Expense	-553	-510	-393	-254	-242
Other Non-Operating Income (Expense)	152	-282	-542	-634	295
Total Non-Operating Income (Expense)	-401	-792	-935	-888	53
Pretax Income	16,698	18,115	21,625	20,113	17,208
Provision for Income Taxes	5,476	5,157	5,673	5,362	4,510
Net Income	10,878	12,550	15,174	14,084	12,036
Minority Interest in Earnings	344	408	778	667	662
Net Income to Common	10,878	12,550	15,174	14,084	12,036
Net Income Growth	-13.32%	-17.29%	7.74%	17.02%	155.98%
Shares Outstanding (Basic)	498	499	500	502	504
Shares Outstanding (Diluted)	498	500	500	502	504
Shares Change (YoY)	-0.34%	-0.13%	-0.43%	-0.28%	-0.06%
EPS (Basic)	21.86	25.13	30.34	28.05	23.90
EPS (Diluted)	21.85	25.12	30.33	28.03	23.89
EPS Growth	-13.02%	-17.18%	8.21%	17.33%	156.33%
Shares Outstanding	496.39	499.37	499.51	501.08	503.19
Free Cash Flow	14,307	13,393	10,922	12,864	15,984
Free Cash Flow Growth	6.82%	22.62%	-15.10%	-19.52%	89.86%
Free Cash Flow Per Share	28.73	26.80	21.83	25.60	31.72
Dividends Per Share	13.000	13.000	13.000	12.000	10.000
Dividend Growth	-	-	8.33%	20.00%	66.67%
Gross Margin	66.24%	67.03%	68.80%	68.44%	68.30%
Operating Margin	21.16%	22.33%	26.19%	26.52%	26.71%
Profit Margin	13.89%	15.30%	18.52%	18.63%	19.77%
FCF Margin	17.71%	15.82%	12.68%	16.25%	24.89%
EBITDA	25,100	26,703	29,737	27,227	22,985
EBITDA Margin	31.06%	31.53%	34.52%	34.38%	35.79%
EBIT	17,099	18,907	22,560	21,001	17,155
EBIT Margin	21.16%	22.33%	26.19%	26.52%	26.71%
Effective Tax Rate	32.79%	28.47%	26.23%	26.66%	26.21%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.