Unilever PLC (UL)

Unilever Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	60,293	59,604	60,073	52,444	50,724	51,980
Revenue Growth (YoY)	-0.96%	-0.78%	14.55%	3.39%	-2.42%	1.96%
Cost of Revenue	34,429	34,429	35,906	30,259	28,684	29,102
Gross Profit	25,864	25,175	24,167	22,185	22,040	22,878
Selling, General & Admin	15,149	15,134	14,440	12,559	11,882	12,121
Research & Development	-	-	-	-	800	840
Other Operating Expenses	-201	-27	91	-11	-	-
Operating Expenses	14,948	15,107	14,531	12,548	12,682	12,961
Operating Income	10,916	10,068	9,636	9,637	9,358	9,917
Interest Expense	-1,168	-1,075	-789	-498	-703	-763
Interest & Investment Income	451	442	305	238	235	224
Earnings From Equity Investments	251	231	208	191	175	176
Currency Exchange Gain (Loss)	37	37	-29	7	-25	-58
EBT Excluding Unusual Items	10,487	9,703	9,331	9,575	9,040	9,496
Merger & Restructuring Charges	-800	-741	-827	-964	-985	-1,291
Impairment of Goodwill	-	-	-	-	-	-18
Gain (Loss) on Sale of Investments	-17	-22	-	-	-	-
Gain (Loss) on Sale of Assets	116	489	2,335	36	8	70
Asset Writedown	-	-1	-221	-17	-	-
Legal Settlements	107	107	-82	-	-87	-
Other Unusual Items	-255	-196	-199	-74	20	32
Pretax Income	9,638	9,339	10,337	8,556	7,996	8,289
Income Tax Expense	2,364	2,199	2,068	1,935	1,923	2,263
Earnings From Continuing Operations	7,274	7,140	8,269	6,621	6,073	6,026
Minority Interest in Earnings	-634	-653	-627	-572	-492	-401
Net Income	6,640	6,487	7,642	6,049	5,581	5,625
Net Income to Common	6,640	6,487	7,642	6,049	5,581	5,625
Net Income Growth	-19.86%	-15.11%	26.33%	8.39%	-0.78%	-39.96%
Shares Outstanding (Basic)	2,504	2,516	2,548	2,600	2,620	2,617
Shares Outstanding (Diluted)	2,520	2,532	2,560	2,610	2,630	2,627
Shares Change (YoY)	-1.01%	-1.07%	-1.91%	-0.77%	0.12%	-2.53%
EPS (Basic)	2.65	2.58	3.00	2.33	2.13	2.15
EPS (Diluted)	2.63	2.56	2.99	2.32	2.12	2.14
EPS Growth	-19.45%	-14.38%	28.88%	9.43%	-0.93%	-38.51%
Free Cash Flow	7,783	7,924	5,826	6,864	8,195	6,793
Free Cash Flow Per Share	3.09	3.13	2.28	2.63	3.12	2.59
Dividend Per Share	1.709	1.711	1.669	1.738	1.652	1.688
Dividend Growth	0.52%	2.52%	-4.01%	5.23%	-2.12%	12.30%
Gross Margin	42.90%	42.24%	40.23%	42.30%	43.45%	44.01%
Operating Margin	18.10%	16.89%	16.04%	18.38%	18.45%	19.08%
Profit Margin	11.01%	10.88%	12.72%	11.53%	11.00%	10.82%
Free Cash Flow Margin	12.91%	13.29%	9.70%	13.09%	16.16%	13.07%
EBITDA	11,947	11,058	10,705	11,383	11,376	11,881
EBITDA Margin	19.81%	18.55%	17.82%	21.70%	22.43%	22.86%
D&A For EBITDA	1,031	990	1,069	1,746	2,018	1,964
EBIT	10,916	10,068	9,636	9,637	9,358	9,917
EBIT Margin	18.10%	16.89%	16.04%	18.38%	18.45%	19.08%
Effective Tax Rate	24.53%	23.55%	20.01%	22.62%	24.05%	27.30%

Source: S&P Capital IQ. Standard template. Financial Sources.