Veolia Environnement SA (VEOEY)

Veolia Environnement Income Statement

Financials in millions EUR. 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	44,599	44,692	45,351	42,885	28,508	26,010
Revenue Growth (YoY)	-0.31%	-1.45%	5.75%	50.43%	9.61%	-4.34%
Selling, General & Admin	4,414	4,459	4,334	4,170	2,893	2,706
Other Operating Expenses	36,889	37,044	38,029	36,012	24,138	22,311
Total Operating Expenses	41,359	41,560	42,419	40,236	27,082	25,050
Operating Income	3,240	3,132	2,932	2,649	1,426	959.7
Interest Expense	-950	-855	-769	-620	-393.9	-443.4
Interest Income	2	3	3	4	124.3	2.8
Net Interest Expense	-948	-852	-766	-616	-269.6	-440.6
Income (Loss) on Equity Investments	130	132	123	127	104.8	110.5
Currency Exchange Gain (Loss)	-89	-99	-79	-213	7.9	-12.9
Other Non-Operating Income (Expenses)	-198	-330	-480	-309	-134.7	-130.4
EBT Excluding Unusual Items	2,135	1,983	1,730	1,638	1,134	486.3
Restructuring Charges	-138	-137	-76	-116	-68.2	-106.6
Total Merger & Restructuring Charges	-29	-32	-10	-87	-155.9	-
Impairment of Goodwill	-3	-3	-2	-69	10.8	-44.1
Gain (Loss) on Sale of Investments	271	318	366	301	-13.4	-4.3
Gain (Loss) on Sale of Assets	12	65	-	-	-7	34.1
Asset Writedown	-78	-78	-135	-171	-	-
Other Unusual Items	-2	-2	-4	-	-	-
Pretax Income	2,168	2,114	1,869	1,496	900.7	365.4
Income Tax Expense	589	566	511	420	345.8	137
Earnings From Continuing Ops.	1,579	1,548	1,358	1,076	554.9	228.4
Earnings From Discontinued Ops.	-105	-103	-24	-78	-	-19.9
Net Income to Company	1,474	1,445	1,334	998	554.9	208.5
Minority Interest in Earnings	-370	-347	-397	-282	-150.6	-119.7
Net Income	1,104	1,098	937	716	404.3	88.8
Net Income to Common	1,104	1,098	937	716	404.3	88.8
Net Income Growth	3.66%	17.18%	30.87%	77.10%	355.29%	-85.79%
Shares Outstanding (Basic)	698	720	705	688	593	555
Shares Outstanding (Diluted)	706	741	731	714	618	580
Shares Change (YoY)	-8.25%	1.37%	2.38%	15.53%	6.57%	0.24%
EPS (Basic)	1.58	1.52	1.33	1.04	0.68	0.16
EPS (Diluted)	1.47	1.48	1.28	1.00	0.65	0.16
EPS Growth	5.98%	15.60%	28.08%	53.96%	317.51%	-85.40%
Free Cash Flow	1,990	2,073	1,865	1,364	1,418	1,116
Free Cash Flow Per Share	2.82	2.80	2.55	1.91	2.29	1.93
Dividend Per Share	1.400	1.400	1.250	1.120	1.000	0.700
Dividend Growth	12.00%	12.00%	11.61%	12.00%	42.86%	40.00%
Profit Margin	2.48%	2.46%	2.07%	1.67%	1.42%	0.34%
Free Cash Flow Margin	4.46%	4.64%	4.11%	3.18%	4.98%	4.29%
EBITDA	5,492	5,571	5,429	5,136	3,093	2,513
EBITDA Margin	12.31%	12.46%	11.97%	11.98%	10.85%	9.66%
D&A For EBITDA	2,252	2,439	2,497	2,487	1,667	1,553
EBIT	3,240	3,132	2,932	2,649	1,426	959.7
EBIT Margin	7.27%	7.01%	6.46%	6.18%	5.00%	3.69%
Effective Tax Rate	27.17%	26.77%	27.34%	28.07%	38.39%	37.49%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.