Stadler Rail AG (SRAIF)

Stadler Rail AG Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,364	3,256	3,608	3,751	3,635	3,085
Revenue Growth (YoY)	-6.87%	-9.78%	-3.79%	3.19%	17.82%	-3.62%
Cost of Revenue	2,985	2,885	3,204	3,368	3,233	2,768
Gross Profit	379.76	370.91	404.64	382.36	401.25	317.13
Selling, General & Admin	230.1	218.12	181.64	171.65	153.19	139.35
Research & Development	28.75	35.85	35.45	32.6	30	35.31
Other Operating Expenses	11.68	16.46	4.27	0.31	-1.65	-13.7
Operating Expenses	270.54	270.43	221.37	204.56	181.53	160.96
Operating Income	109.22	100.48	183.27	177.8	219.72	156.18
Interest Expense	-19.8	-19.8	-21.89	-23.45	-12.38	-9.6
Interest & Investment Income	30.66	31.01	36.79	1.9	1.85	4.02
Earnings From Equity Investments	4.79	4	3.83	2.78	3.84	2.8
Currency Exchange Gain (Loss)	19.72	19.72	-11.39	-56.66	-37.72	15.99
Other Non Operating Income (Expenses)	-32.46	-32.44	-38.18	-43.8	-26.78	-13.47
EBT Excluding Unusual Items	112.13	102.96	152.43	58.56	148.54	155.92
Gain (Loss) on Sale of Investments	-	-	-	21.3	-	-
Gain (Loss) on Sale of Assets	-	-	-	-1.38	-	-0.1
Other Unusual Items	-0.17	-0.17	-0.41	7.25	3.48	-1.15
Pretax Income	111.96	102.8	152.02	85.73	152.01	154.67
Income Tax Expense	53.61	47.83	13.45	10.61	17.51	16.26
Earnings From Continuing Operations	58.35	54.97	138.56	75.12	134.51	138.41
Minority Interest in Earnings	-26.81	-16.55	-14.25	-2.23	-0.85	-0.8
Net Income	31.54	38.42	124.32	72.9	133.66	137.61
Net Income to Common	31.54	38.42	124.32	72.9	133.66	137.61
Net Income Growth	-74.29%	-69.10%	70.54%	-45.46%	-2.88%	8.21%
Shares Outstanding (Basic)	100	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100	100
Shares Change (YoY)	-0.37%	-	0.01%	0.01%	-	0.07%
EPS (Basic)	0.31	0.38	1.24	0.73	1.34	1.38
EPS (Diluted)	0.31	0.38	1.24	0.73	1.34	1.38
EPS Growth	-74.19%	-69.10%	70.53%	-45.46%	-2.88%	8.13%
Free Cash Flow	-189.7	117.03	738.51	315.95	391.61	-436.75
Free Cash Flow Per Share	-1.89	1.17	7.39	3.16	3.92	-4.37
Dividend Per Share	0.200	0.200	0.900	0.900	0.900	0.850
Dividend Growth	-77.78%	-77.78%	-	-	5.88%	-29.17%
Gross Margin	11.29%	11.39%	11.21%	10.20%	11.04%	10.28%
Operating Margin	3.25%	3.09%	5.08%	4.74%	6.04%	5.06%
Profit Margin	0.94%	1.18%	3.45%	1.94%	3.68%	4.46%
Free Cash Flow Margin	-5.64%	3.60%	20.47%	8.42%	10.77%	-14.16%
EBITDA	185.89	180.14	258.02	248.11	286.3	215.9
EBITDA Margin	5.53%	5.53%	7.15%	6.62%	7.88%	7.00%
D&A For EBITDA	76.66	79.66	74.75	70.31	66.59	59.72
EBIT	109.22	100.48	183.27	177.8	219.72	156.18
EBIT Margin	3.25%	3.09%	5.08%	4.74%	6.04%	5.06%
Effective Tax Rate	47.88%	46.53%	8.85%	12.37%	11.52%	10.51%

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