Volkswagen AG (VWAGY)

Volkswagen AG Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	322,284	279,232	250,199	222,884	252,633
Revenue Growth (YoY)	15.42%	11.60%	12.26%	-11.78%	7.12%
Cost of Revenue	260,219	227,005	202,959	183,937	203,490
Gross Profit	62,065	52,227	47,240	38,947	49,143
Selling, General & Admin	18,685	31,529	29,648	27,806	30,745
Research & Development	15,824	14,329	12,790	12,056	13,199
Other Operating Expenses	-5,970	2,478	1,640	1,084	2,379
Operating Expenses	40,479	34,007	31,288	28,890	33,124
Operating Income	21,586	22,124	19,275	9,675	16,960
Interest Income	2,656	2,528	990	788	904
Interest Expense	3,590	1,645	1,971	2,268	2,518
Other Expense / Income	-1,213	1,342	-1,786	-3,515	-2,866
Pretax Income	20,903	22,044	20,126	11,667	18,356
Income Tax	5,266	6,208	4,698	2,843	4,326
Net Income	16,599	15,457	15,382	8,867	13,886
Net Income Growth	7.39%	0.49%	73.47%	-36.14%	14.42%
Shares Outstanding (Basic)	5,013	5,013	5,013	5,013	5,013
Shares Outstanding (Diluted)	5,013	5,013	5,013	5,013	5,013
EPS (Basic)	31.94	2.97	2.96	1.66	2.66
EPS (Diluted)	31.94	2.97	2.96	1.66	2.66
EPS Growth	975.42%	0.34%	78.31%	-37.59%	9.92%
Free Cash Flow	-6,439	5,825	20,135	7,155	-1,418
Free Cash Flow Per Share	-1.28	1.16	4.02	1.43	-0.28
Gross Margin	19.26%	18.70%	18.88%	17.47%	19.45%
Operating Margin	6.70%	7.92%	7.70%	4.34%	6.71%
Profit Margin	5.15%	5.54%	6.15%	3.98%	5.50%
Free Cash Flow Margin	-2.00%	2.09%	8.05%	3.21%	-0.56%
Effective Tax Rate	25.19%	28.16%	23.34%	24.37%	23.57%
EBITDA	48,347	49,682	47,367	38,519	44,428
EBITDA Margin	15.00%	17.79%	18.93%	17.28%	17.59%
Depreciation & Amortization	26,761	28,485	27,336	26,616	24,139
EBIT	21,586	21,197	20,031	11,903	20,289
EBIT Margin	6.70%	7.59%	8.01%	5.34%	8.03%

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