AGC Inc. (TYO:5201)

AGC Inc. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,045,520	2,067,603	2,019,254	2,035,874	1,697,383	1,412,306
Revenue Growth (YoY)	-1.17%	2.39%	-0.82%	19.94%	20.18%	-6.97%
Cost of Revenue	1,549,402	1,568,552	1,537,897	1,506,492	1,184,383	1,053,243
Gross Profit	496,118	499,051	481,357	529,382	513,000	359,063
Selling, General & Admin	372,580	375,676	354,559	346,675	309,123	283,867
Other Operating Expenses	-	4,758	-3,832	-670	-113	1,135
Operating Expenses	372,580	380,434	350,727	346,005	309,010	285,002
Operating Income	123,538	118,617	130,630	183,377	203,990	74,061
Interest Expense	-15,657	-16,619	-17,842	-9,040	-6,424	-7,620
Interest & Investment Income	9,932	11,472	13,728	8,067	5,826	5,702
Earnings From Equity Investments	3,125	2,461	1,981	1,236	2,292	584
Currency Exchange Gain (Loss)	2,503	10,393	8,583	-4,025	10,955	3,608
Other Non Operating Income (Expenses)	-434	-226	-1,390	2,278	393	-673
EBT Excluding Unusual Items	123,007	126,098	135,690	181,893	217,032	75,662
Merger & Restructuring Charges	-12,057	-10,620	-11,490	-9,641	-5,159	-7,951
Gain (Loss) on Sale of Investments	-	-36,482	3,333	8,556	8,935	-
Gain (Loss) on Sale of Assets	1,087	-4,273	-4,154	6,151	23,686	-9,378
Asset Writedown	-14,502	-124,774	-605	-128,447	-34,450	-1,213
Pretax Income	97,535	-50,051	122,774	58,512	210,044	57,120
Income Tax Expense	33,339	27,873	40,291	36,007	50,982	15,957
Earnings From Continuing Operations	64,196	-77,924	82,483	22,505	159,062	41,163
Minority Interest in Earnings	-12,340	-16,118	-16,685	-25,657	-35,222	-8,448
Net Income	51,856	-94,042	65,798	-3,152	123,840	32,715
Net Income to Common	51,856	-94,042	65,798	-3,152	123,840	32,715
Net Income Growth	-	-	-	-	278.54%	-26.37%
Shares Outstanding (Basic)	212	212	216	222	221	221
Shares Outstanding (Diluted)	212	212	216	222	222	222
Shares Change (YoY)	0.12%	-2.08%	-2.35%	-0.29%	0.05%	-0.01%
EPS (Basic)	244.60	-443.71	304.73	-14.22	559.11	147.83
EPS (Diluted)	244.30	-443.71	304.01	-14.22	557.10	147.24
EPS Growth	-	-	-	-	278.36%	-26.36%
Free Cash Flow	41,833	42,456	-985	-6,775	116,141	33,923
Free Cash Flow Per Share	197.09	200.32	-4.55	-30.57	522.46	152.67
Dividend Per Share	210.000	210.000	210.000	210.000	160.000	120.000
Dividend Growth	-	-	-	31.25%	33.33%	-
Gross Margin	24.25%	24.14%	23.84%	26.00%	30.22%	25.42%
Operating Margin	6.04%	5.74%	6.47%	9.01%	12.02%	5.24%
Profit Margin	2.54%	-4.55%	3.26%	-0.15%	7.30%	2.32%
Free Cash Flow Margin	2.04%	2.05%	-0.05%	-0.33%	6.84%	2.40%
EBITDA	300,668	299,890	305,976	369,033	370,746	217,777
EBITDA Margin	14.70%	14.50%	15.15%	18.13%	21.84%	15.42%
D&A For EBITDA	177,130	181,273	175,346	185,656	166,756	143,716
EBIT	123,538	118,617	130,630	183,377	203,990	74,061
EBIT Margin	6.04%	5.74%	6.47%	9.01%	12.02%	5.24%
Effective Tax Rate	34.18%	-	32.82%	61.54%	24.27%	27.94%

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