Atlas Copco AB (STO: ATCO.A)

Atlas Copco AB Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	175,737	172,664	141,325	110,912	99,787	103,756
Revenue Growth (YoY)	4.75%	22.18%	27.42%	11.15%	-3.83%	8.80%
Cost of Revenue	99,385	97,547	81,941	64,375	58,607	59,024
Gross Profit	76,352	75,117	59,384	46,537	41,180	44,732
Selling, General & Admin	30,797	30,015	23,530	19,438	17,674	19,362
Research & Development	6,982	6,611	5,337	4,061	3,761	3,617
Other Operating Expenses	303	364	-330	-187	-148	-144
Operating Expenses	38,082	36,990	28,537	23,312	21,287	22,835
Operating Income	38,270	38,127	30,847	23,225	19,893	21,897
Interest Expense	-820	-887	-409	-358	-354	-422
Interest & Investment Income	393	393	273	158	145	114
Earnings From Equity Investments	41	41	29	36	33	16
Currency Exchange Gain (Loss)	-1,191	-1,191	-547	397	-484	-25
Other Non Operating Income (Expenses)	38	38	15	29	-4	-13
EBT Excluding Unusual Items	36,731	36,521	30,208	23,487	19,229	21,567
Merger & Restructuring Charges	-48	-48	-81	-25	-175	-33
Gain (Loss) on Sale of Investments	9	9	-48	51	16	24
Gain (Loss) on Sale of Assets	42	42	26	1	-19	28
Asset Writedown	-82	-82	-61	-104	-16	-14
Other Unusual Items	-	-	-	-	-210	-
Pretax Income	36,652	36,442	30,044	23,410	18,825	21,572
Income Tax Expense	7,878	8,390	6,562	5,276	4,042	5,029
Earnings From Continuing Operations	28,774	28,052	23,482	18,134	14,783	16,543
Net Income to Company	28,774	28,052	23,482	18,134	14,783	16,543
Minority Interest in Earnings	-11	-12	-5	-4	-4	-21
Net Income	28,763	28,040	23,477	18,130	14,779	16,522
Net Income to Common	28,763	28,040	23,477	18,130	14,779	16,522
Net Income Growth	5.30%	19.44%	29.49%	22.67%	-10.55%	-84.44%
Shares Outstanding (Basic)	4,873	4,871	4,868	4,871	4,862	4,859
Shares Outstanding (Diluted)	4,881	4,879	4,876	4,882	4,869	4,863
Shares Change (YoY)	0.08%	0.06%	-0.13%	0.27%	0.12%	0.04%
EPS (Basic)	5.90	5.76	4.82	3.72	3.04	3.40
EPS (Diluted)	5.89	5.75	4.81	3.71	3.04	3.40
EPS Growth	5.18%	19.54%	29.65%	22.24%	-10.67%	-84.44%
Free Cash Flow	31,242	24,097	17,717	21,182	20,745	14,489
Free Cash Flow Per Share	6.40	4.94	3.63	4.34	4.26	2.98
Dividend Per Share	2.800	2.800	2.300	1.900	1.825	1.750
Dividend Growth	21.74%	21.74%	21.05%	4.11%	4.29%	11.11%
Gross Margin	43.45%	43.50%	42.02%	41.96%	41.27%	43.11%
Operating Margin	21.78%	22.08%	21.83%	20.94%	19.94%	21.10%
Profit Margin	16.37%	16.24%	16.61%	16.35%	14.81%	15.92%
Free Cash Flow Margin	17.78%	13.96%	12.54%	19.10%	20.79%	13.96%
EBITDA	43,962	43,213	35,003	26,826	23,371	25,043
EBITDA Margin	25.02%	25.03%	24.77%	24.19%	23.42%	24.14%
D&A For EBITDA	5,692	5,086	4,156	3,601	3,478	3,146
EBIT	38,270	38,127	30,847	23,225	19,893	21,897
EBIT Margin	21.78%	22.08%	21.83%	20.94%	19.94%	21.10%
Effective Tax Rate	21.49%	23.02%	21.84%	22.54%	21.47%	23.31%

Source: S&P Capital IQ. Standard template. Financial Sources.