Veolia Environnement S.A. (VEOEY)

Veolia Environnement Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	45,351	42,885	28,508	26,010	27,189
Revenue Growth (YoY)	5.75%	50.43%	9.60%	-4.34%	4.77%
Cost of Revenue	37,901	35,773	23,927	22,122	22,828
Gross Profit	7,450	7,113	4,581	3,888	4,361
Selling, General & Admin	4,265	4,093	2,878	2,739	2,789
Research & Development	125	131	65.8	56.5	55.6
Other Operating Expenses	-162	0	0	0	0
Operating Expenses	4,552	4,224	2,944	3,082	2,723
Operating Income	2,898	2,888	1,637	959.7	1,493
Interest Income	0	14.5	8	440.6	467.1
Interest Expense	874	540.3	317.4	363.6	389.2
Other Expense / Income	576	1,227	577.9	810.9	653
Pretax Income	1,746	1,369	795.9	365.4	1,171
Income Tax	511	419.8	345.8	137	298.5
Net Income	937	716	404.3	88.8	619.4
Net Income Growth	30.87%	77.10%	355.29%	-85.66%	65.53%
Shares Outstanding (Basic)	705	688	593	576	574
Shares Outstanding (Diluted)	731	714	618	601	600
Shares Change	2.34%	15.58%	2.75%	0.24%	4.18%
EPS (Basic)	1.33	1.04	0.68	0.15	1.08
EPS (Diluted)	1.28	1.00	0.65	0.15	1.03
EPS Growth	28.00%	53.85%	333.33%	-85.44%	58.46%
Free Cash Flow	1,398	855.5	1,284	786.9	1,082
Free Cash Flow Per Share	1.91	1.20	2.08	1.31	1.80
Gross Margin	16.43%	16.58%	16.07%	14.95%	16.04%
Operating Margin	6.39%	6.74%	5.74%	3.69%	5.49%
Profit Margin	2.07%	1.67%	1.42%	0.34%	2.28%
Free Cash Flow Margin	3.08%	1.99%	4.50%	3.03%	3.98%
Effective Tax Rate	29.27%	30.66%	43.45%	37.49%	25.49%
EBITDA	5,996	5,979	3,758	2,513	3,109
EBITDA Margin	13.22%	13.94%	13.18%	9.66%	11.43%
Depreciation & Amortization	3,098	3,090	2,120	2,016	2,092
EBIT	2,898	2,888	1,637	496.9	1,017
EBIT Margin	6.39%	6.74%	5.74%	1.91%	3.74%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.