Akzo Nobel Income Statement

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

Millions EUR. 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	10,158	10,711	10,668	10,846	9,587
Revenue Growth (YoY)	-5.16%	0.40%	-1.64%	13.13%	12.39%
Cost of Revenue	6,109	6,374	6,434	6,923	5,683
Gross Profit	4,049	4,337	4,234	3,923	3,904
Selling, General & Admin	3,307	3,091	2,962	2,939	2,610
Research & Development	-	296	270	258	230
Other Operating Expenses	-390	6	-60	-	-25
Operating Expenses	2,917	3,393	3,172	3,197	2,815
Operating Income	1,132	944	1,062	726	1,089
Interest Expense	-211	-190	-193	-106	-74
Interest & Investment Income	49	61	69	36	15
Earnings From Equity Investments	33	23	27	18	26
Currency Exchange Gain (Loss)	-	-47	-128	-65	-21
Other Non Operating Income (Expenses)	-5	32	-7	13	-
EBT Excluding Unusual Items	998	823	830	622	1,035
Legal Settlements	-	-	-	-	70
Other Unusual Items	-	15	-46	-20	-
Pretax Income	998	838	784	602	1,105
Income Tax Expense	326	246	296	214	246
Earnings From Continuing Operations	672	592	488	388	859
Earnings From Discontinued Operations	-1	-	-5	-10	6
Net Income to Company	671	592	483	378	865
Minority Interest in Earnings	-36	-50	-41	-26	-36
Net Income	635	542	442	352	829
Net Income to Common	635	542	442	352	829
Net Income Growth	17.16%	22.62%	25.57%	-57.54%	31.59%
Shares Outstanding (Basic)	171	171	171	175	185
Shares Outstanding (Diluted)	172	172	171	175	186
Shares Change (YoY)	0.28%	0.16%	-2.27%	-5.58%	-3.35%
EPS (Basic)	3.71	3.17	2.59	2.01	4.48
EPS (Diluted)	3.69	3.16	2.58	2.00	4.46
EPS Growth	16.77%	22.44%	28.85%	-55.11%	35.90%
Free Cash Flow	605	362	834	-38	316
Free Cash Flow Per Share	3.52	2.11	4.87	-0.22	1.70
Dividend Per Share	1.980	1.980	1.980	1.980	1.980
Dividend Growth	-	-	-	-	1.54%
Gross Margin	39.86%	40.49%	39.69%	36.17%	40.72%
Operating Margin	11.14%	8.81%	9.96%	6.69%	11.36%
Profit Margin	6.25%	5.06%	4.14%	3.25%	8.65%
Free Cash Flow Margin	5.96%	3.38%	7.82%	-0.35%	3.30%
EBITDA	1,510	1,215	1,320	996	1,346
EBITDA Margin	14.87%	11.34%	12.37%	9.18%	14.04%
D&A For EBITDA	378	271	258	270	257
EBIT	1,132	944	1,062	726	1,089
EBIT Margin	11.14%	8.81%	9.96%	6.69%	11.36%
Effective Tax Rate	32.66%	29.36%	37.76%	35.55%	22.26%

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