Telefónica, S.A. (TEF)

Telefónica Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	40,652	40,652	39,993	39,277	43,076	48,422
Revenue Growth (YoY)	1.65%	1.65%	1.82%	-8.82%	-11.04%	-0.56%
Cost of Revenue	13,298	13,298	12,941	12,258	13,014	13,635
Gross Profit	27,354	27,354	27,052	27,019	30,062	34,787
Selling, General & Admin	7,207	7,207	5,524	6,733	5,280	8,066
Other Operating Expenses	19,095	19,095	19,537	19,373	22,230	25,026
Operating Expenses	26,302	26,302	25,061	26,106	27,510	33,092
Operating Income	1,052	1,052	1,991	913	2,552	1,695
Interest Expense / Income	3,014	3,014	3,030	2,028	2,417	2,795
Other Expense / Income	-171	-171	-3,691	-10,630	-2,073	-3,296
Pretax Income	-1,791	-1,791	2,652	9,515	2,208	2,196
Income Tax	-899	-899	641	1,378	626	1,054
Net Income	-892	-892	2,011	8,137	1,582	1,142
Net Income Growth	-	-	-75.29%	414.35%	38.53%	-65.72%
Shares Outstanding (Basic)	5,775	5,775	5,965	5,990	5,862	5,862
Shares Change	-3.19%	-3.19%	-0.41%	2.18%	-	-
EPS (Basic)	-0.20	-0.20	0.31	1.34	0.22	0.14
EPS (Diluted)	-0.20	-0.20	0.31	1.34	0.22	0.14
EPS Growth	-	-	-76.87%	509.09%	51.72%	-70.88%
Free Cash Flow	5,798	5,798	6,255	4,104	6,176	7,363
Free Cash Flow Per Share	1.00	1.00	1.05	0.69	1.05	1.26
Dividend Per Share	0.324	0.324	0.258	0.326	0.418	0.395
Dividend Growth	25.58%	25.58%	-20.86%	-22.01%	5.82%	-4.59%
Gross Margin	67.29%	67.29%	67.64%	68.79%	69.79%	71.84%
Operating Margin	2.59%	2.59%	4.98%	2.32%	5.92%	3.50%
Profit Margin	-2.19%	-2.19%	5.03%	20.72%	3.67%	2.36%
Free Cash Flow Margin	14.26%	14.26%	15.64%	10.45%	14.34%	15.21%
Effective Tax Rate	-	-	24.17%	14.48%	28.35%	48.00%
EBITDA	1,223	1,223	5,682	11,543	4,625	4,991
EBITDA Margin	3.01%	3.01%	14.21%	29.39%	10.74%	10.31%
EBIT	1,223	1,223	5,682	11,543	4,625	4,991
EBIT Margin	3.01%	3.01%	14.21%	29.39%	10.74%	10.31%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).