Roche Holding AG (SWX: ROG)

Roche Holding AG Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	58,785	58,716	63,281	65,850	60,343	63,751
Other Revenue	1,796	1,725	2,533	-	-	-
Revenue	60,581	60,441	65,814	65,850	60,343	63,751
Revenue Growth (YoY)	-3.12%	-8.16%	-0.05%	9.13%	-5.35%	7.15%
Cost of Revenue	15,425	15,597	17,938	19,360	15,861	17,385
Gross Profit	45,156	44,844	47,876	46,490	44,482	46,366
Selling, General & Admin	13,346	13,486	13,691	11,977	11,954	13,183
Research & Development	13,381	13,545	13,599	14,022	12,566	11,923
Other Operating Expenses	430	34	17	238	265	227
Operating Expenses	27,157	27,065	27,307	26,237	24,785	25,333
Operating Income	17,999	17,779	20,569	20,253	19,697	21,033
Interest Expense	-1,048	-828	-608	-342	-438	-620
Interest & Investment Income	241	195	40	-	16	100
Earnings From Equity Investments	-32	-32	-41	-2	-1	-15
Currency Exchange Gain (Loss)	-248	-243	-278	-232	-206	-205
Other Non Operating Income (Expenses)	-31	-14	-90	5	2	-24
EBT Excluding Unusual Items	16,881	16,857	19,592	19,682	19,070	20,269
Merger & Restructuring Charges	-2,180	-2,063	-931	-1,419	-918	-1,205
Impairment of Goodwill	-591	-591	-	-	-247	-779
Gain (Loss) on Sale of Investments	-21	5	-85	-89	171	189
Gain (Loss) on Sale of Assets	569	569	618	-	-	-
Asset Writedown	-1,428	-637	-2,869	-634	-435	-1,219
Legal Settlements	172	172	45	-122	338	-422
Other Unusual Items	-274	-233	-43	-20	-14	-219
Pretax Income	13,128	14,079	16,327	17,398	17,965	16,614
Income Tax Expense	1,636	1,721	2,796	2,463	2,897	2,506
Earnings From Continuing Operations	11,492	12,358	13,531	14,935	15,068	14,108
Minority Interest in Earnings	-873	-860	-1,110	-1,005	-773	-611
Net Income	10,619	11,498	12,421	13,930	14,295	13,497
Net Income to Common	10,619	11,498	12,421	13,930	14,295	13,497
Net Income Growth	-3.71%	-7.43%	-10.83%	-2.55%	5.91%	28.54%
Shares Outstanding (Basic)	798	799	800	850	855	856
Shares Outstanding (Diluted)	803	804	808	860	865	864
Shares Change (YoY)	-0.25%	-0.50%	-6.05%	-0.58%	0.12%	0.47%
EPS (Basic)	13.31	14.39	15.53	16.39	16.72	15.77
EPS (Diluted)	13.24	14.31	15.37	16.20	16.52	15.62
EPS Growth	-3.25%	-6.90%	-5.10%	-1.99%	5.80%	27.94%
Free Cash Flow	12,385	12,353	14,354	17,283	15,038	18,882
Free Cash Flow Per Share	15.42	15.36	17.76	20.10	17.38	21.85
Dividend Per Share	9.600	9.600	9.500	9.300	9.100	9.000
Dividend Growth	1.05%	1.05%	2.15%	2.20%	1.11%	3.45%
Gross Margin	74.54%	74.19%	72.74%	70.60%	73.72%	72.73%
Operating Margin	29.71%	29.42%	31.25%	30.76%	32.64%	32.99%
Profit Margin	17.53%	19.02%	18.87%	21.15%	23.69%	21.17%
Free Cash Flow Margin	20.44%	20.44%	21.81%	26.25%	24.92%	29.62%
EBITDA	21,041	20,918	24,072	24,333	23,898	24,974
EBITDA Margin	34.73%	34.61%	36.58%	36.95%	39.60%	39.17%
D&A For EBITDA	3,042	3,139	3,503	4,080	4,201	3,941
EBIT	17,999	17,779	20,569	20,253	19,697	21,033
EBIT Margin	29.71%	29.42%	31.25%	30.76%	32.64%	32.99%
Effective Tax Rate	12.46%	12.22%	17.13%	14.16%	16.13%	15.08%
Revenue as Reported	60,581	60,441	65,814	65,850	60,343	63,751

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