Snam S.p.A. (VIE:SRG)

Snam S.p.A. 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,743	3,548	4,244	3,496	3,285	2,753
Other Revenue	20	20	44	19	12	17
Revenue	3,763	3,568	4,288	3,515	3,297	2,770
Revenue Growth (YoY)	-7.68%	-16.79%	21.99%	6.61%	19.02%	3.94%
Cost of Revenue	482	425	1,416	894	741	315
Gross Profit	3,281	3,143	2,872	2,621	2,556	2,455
Selling, General & Admin	290	290	256	244	222	191
Other Operating Expenses	107	107	187	120	75	85
Operating Expenses	1,458	1,381	1,368	1,231	1,106	1,038
Operating Income	1,823	1,762	1,504	1,390	1,450	1,417
Interest Expense	-416	-400	-251	-140	-114	-159
Interest & Investment Income	80	80	35	12	29	24
Earnings From Equity Investments	391	334	484	-138	294	249
Other Non Operating Income (Expenses)	-11	-11	-5	5	-17	-23
EBT Excluding Unusual Items	1,867	1,765	1,767	1,129	1,642	1,508
Impairment of Goodwill	-	-	-40	-7	-	-
Gain (Loss) on Sale of Assets	-13	-13	-11	-28	-14	-14
Asset Writedown	-45	-45	-161	-16	-11	-11
Other Unusual Items	-28	-28	-21	-28	-2	-12
Pretax Income	1,781	1,679	1,534	1,050	1,615	1,471
Income Tax Expense	425	422	389	378	115	370
Earnings From Continuing Operations	1,356	1,257	1,145	672	1,500	1,101
Net Income to Company	1,356	1,257	1,145	672	1,500	1,101
Minority Interest in Earnings	3	2	-10	-1	-4	-
Net Income	1,359	1,259	1,135	671	1,496	1,101
Net Income to Common	1,359	1,259	1,135	671	1,496	1,101
Net Income Growth	30.67%	10.93%	69.15%	-55.15%	35.88%	1.01%
Shares Outstanding (Basic)	3,354	3,354	3,353	3,337	3,271	3,272
Shares Outstanding (Diluted)	3,354	3,356	3,355	3,340	3,357	3,358
Shares Change (YoY)	-	0.04%	0.47%	-0.52%	-0.03%	-0.84%
EPS (Basic)	0.41	0.38	0.34	0.20	0.46	0.34
EPS (Diluted)	0.40	0.37	0.34	0.20	0.45	0.33
EPS Growth	-	10.36%	68.16%	-54.99%	35.82%	1.86%
Free Cash Flow	76	-724	-1,678	2,967	242	596
Free Cash Flow Per Share	0.02	-0.22	-0.50	0.89	0.07	0.18
Dividend Per Share	0.295	0.290	0.282	0.275	0.262	0.249
Dividend Growth	3.40%	3.01%	2.51%	5.00%	5.01%	5.01%
Gross Margin	87.19%	88.09%	66.98%	74.57%	77.53%	88.63%
Operating Margin	48.45%	49.38%	35.08%	39.55%	43.98%	51.15%
Profit Margin	36.12%	35.29%	26.47%	19.09%	45.38%	39.75%
Free Cash Flow Margin	2.02%	-20.29%	-39.13%	84.41%	7.34%	21.52%
EBITDA	2,870	2,732	2,420	2,250	2,251	2,173
EBITDA Margin	76.27%	76.57%	56.44%	64.01%	68.27%	78.45%
D&A For EBITDA	1,047	970	916	860	801	756
EBIT	1,823	1,762	1,504	1,390	1,450	1,417
EBIT Margin	48.45%	49.38%	35.08%	39.55%	43.98%	51.15%
Effective Tax Rate	23.86%	25.13%	25.36%	36.00%	7.12%	25.15%
Revenue as Reported	3,763	3,568	4,288	3,515	3,297	2,770
Advertising Expenses	-	7	8	7	6	3

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