Grifols, S.A. (VIE:GRF)

Grifols Income Statement

Financials in millions EUR. 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	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Revenue	7,518	7,212	6,592	6,064	4,933	5,340
Revenue Growth (YoY)	7.31%	9.41%	8.71%	22.92%	-7.62%	4.73%
Cost of Revenue	4,523	4,365	4,042	3,850	2,971	3,085
Gross Profit	2,995	2,848	2,550	2,214	1,963	2,255
Selling, General & Admin	1,139	1,165	1,205	1,196	1,062	985.62
Research & Development	385.68	362.92	386.52	361.14	354.88	294.22
Other Operating Expenses	-0.43	-	-3.04	-14.68	-16.3	-
Operating Expenses	1,524	1,528	1,589	1,542	1,400	1,280
Operating Income	1,471	1,320	961.07	671.4	562.51	975.33
Interest Expense	-569.78	-602.37	-516.06	-444.54	-233.81	-222.92
Interest & Investment Income	46.48	46.48	62.43	33.86	11.55	8.02
Earnings From Equity Investments	-13.86	36.8	62.82	102	65.74	80.97
Currency Exchange Gain (Loss)	-59.76	-59.76	-16.39	7.73	-11.6	8.25
Other Non Operating Income (Expenses)	-132.38	-132.38	-104.36	-39.98	-33.64	28.99
EBT Excluding Unusual Items	742.06	608.3	449.51	330.46	360.75	878.63
Gain (Loss) on Sale of Assets	-	-	-	7.56	-10.29	-
Other Unusual Items	-27.61	-164.31	-242.49	-	-	-
Pretax Income	714.45	444	207.02	338.01	350.45	878.63
Income Tax Expense	256.43	231.19	43.35	90.11	85.13	169.64
Earnings From Continuing Operations	458.02	212.81	163.67	247.9	265.33	708.99
Minority Interest in Earnings	-85.3	-55.89	-121.35	-62.87	-76.6	-90.44
Net Income	372.72	156.92	42.32	185.04	188.73	618.55
Net Income to Common	372.72	156.92	42.32	185.04	188.73	618.55
Net Income Growth	130.80%	270.81%	-77.13%	-1.96%	-69.49%	-1.06%
Shares Outstanding (Basic)	681	680	680	680	682	686
Shares Outstanding (Diluted)	681	680	680	680	682	686
Shares Change (YoY)	-	0.02%	-0.01%	-0.26%	-0.58%	0.06%
EPS (Basic)	0.55	0.23	0.06	0.27	0.28	0.90
EPS (Diluted)	0.55	0.23	0.06	0.27	0.28	0.90
EPS Growth	-	283.33%	-77.78%	-2.49%	-69.23%	-1.10%
Free Cash Flow	851.19	669.63	-5.75	-285.23	349.6	830.18
Free Cash Flow Per Share	1.25	0.98	-0.01	-0.42	0.51	1.21
Dividend Per Share	-	-	-	-	-	0.360
Dividend Growth	-	-	-	-	-	-0.55%
Gross Margin	39.84%	39.48%	38.68%	36.51%	39.78%	42.23%
Operating Margin	19.57%	18.30%	14.58%	11.07%	11.40%	18.27%
Profit Margin	4.96%	2.18%	0.64%	3.05%	3.83%	11.58%
Free Cash Flow Margin	11.32%	9.28%	-0.09%	-4.70%	7.09%	15.55%
EBITDA	1,754	1,608	1,262	1,082	922.28	1,297
EBITDA Margin	23.33%	22.30%	19.14%	17.85%	18.70%	24.29%
D&A For EBITDA	282.61	288.74	300.82	410.98	359.77	321.53
EBIT	1,471	1,320	961.07	671.4	562.51	975.33
EBIT Margin	19.57%	18.30%	14.58%	11.07%	11.40%	18.27%
Effective Tax Rate	35.89%	52.07%	20.94%	26.66%	24.29%	19.31%
Advertising Expenses	-	83.9	80.22	91.89	71.28	55.07

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