Jardine Matheson Holdings Income Statement

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

Millions USD. 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	34,217	35,779	36,049	37,496	35,862
Revenue Growth (YoY)	-4.37%	-0.75%	-3.86%	4.56%	9.85%
Cost of Revenue	24,798	25,896	25,775	27,310	26,755
Gross Profit	9,419	9,883	10,274	10,186	9,107
Selling, General & Admin	6,328	6,271	6,303	6,313	6,307
Other Operating Expenses	-453	233	-243	110	-1,535
Operating Expenses	5,875	6,504	6,060	6,423	4,772
Operating Income	3,544	3,379	4,214	3,763	4,335
Interest Expense	-664	-753	-717	-552	-525
Interest & Investment Income	264	270	253	197	206
Earnings From Equity Investments	1,721	1,299	1,386	818	1,269
Other Non Operating Income (Expenses)	-38	-43	-52	-73	-70
EBT Excluding Unusual Items	4,827	4,152	5,084	4,153	5,215
Gain (Loss) on Sale of Investments	-798	-508	-	-	-
Asset Writedown	172	-2,213	-1,779	-930	-1,410
Other Unusual Items	-	-	-	-	107
Pretax Income	4,201	1,431	3,305	3,223	3,912
Income Tax Expense	910	876	943	960	951
Earnings From Continuing Operations	3,291	555	2,362	2,263	2,961
Minority Interest in Earnings	-2,182	-1,023	-1,676	-1,909	-1,080
Net Income	1,109	-468	686	354	1,881
Net Income to Common	1,109	-468	686	354	1,881
Net Income Growth	-	-	93.78%	-81.18%	-
Shares Outstanding (Basic)	294	290	290	289	313
Shares Outstanding (Diluted)	294	290	290	289	313
Shares Change (YoY)	1.38%	-	0.35%	-7.67%	-14.95%
EPS (Basic)	3.77	-1.61	2.37	1.22	6.01
EPS (Diluted)	3.77	-1.61	2.37	1.22	6.01
EPS Growth	-	-	93.89%	-79.70%	-
Free Cash Flow	4,110	3,775	2,882	3,772	4,424
Free Cash Flow Per Share	13.98	13.02	9.94	13.05	14.13
Dividend Per Share	2.350	2.250	2.250	2.150	2.000
Dividend Growth	4.44%	-	4.65%	7.50%	16.28%
Gross Margin	27.53%	27.62%	28.50%	27.17%	25.39%
Operating Margin	10.36%	9.44%	11.69%	10.04%	12.09%
Profit Margin	3.24%	-1.31%	1.90%	0.94%	5.24%
Free Cash Flow Margin	12.01%	10.55%	7.99%	10.06%	12.34%
EBITDA	4,753	4,553	5,319	4,932	5,573
EBITDA Margin	13.89%	12.72%	14.75%	13.15%	15.54%
D&A For EBITDA	1,209	1,174	1,105	1,169	1,238
EBIT	3,544	3,379	4,214	3,763	4,335
EBIT Margin	10.36%	9.44%	11.69%	10.04%	12.09%
Effective Tax Rate	21.66%	61.22%	28.53%	29.79%	24.31%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.