34.62
-0.17%
Close of 9 Nov 2026, in EUR
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At a glance
Figures in EUR, from our data supplier.
Revenue, before interest expense
€16.25bn
FY2016FY2025
Net income
€851.0m
FY2016FY2025
Total assets
€36.10bn
FY2016FY2025
Shareholders' equity
€4.43bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | €16.25bn | €15.65bn | €15.84bn | €16.44bn | €15.99bn | €15.41bn | €15.01bn | €14.36bn | €14.13bn | €13.24bn |
| Operating income | €1.31bn | €297.0m | €1.37bn | −€1.56bn | €912.0m | €706.0m | €922.0m | €809.0m | €649.0m | €1.15bn |
| Net income | €851.0m | €4.0m | €812.0m | −€1.38bn | €456.0m | €234.0m | €422.0m | €322.0m | €286.0m | €603.0m |
| Diluted earnings per share | 4.79 | 0.02 | 4.22 | -7.72 | 2.52 | 1.21 | 2.18 | 2.15 | 1.52 | 3.25 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | €36.10bn | €37.35bn | €35.48bn | €55.33bn | €51.52bn | €46.22bn | €46.88bn | €44.35bn | €43.20bn | €43.29bn |
| Cash and short-term investments | €21.55bn | €22.08bn | €20.90bn | €20.54bn | €22.43bn | €20.34bn | €20.52bn | €19.14bn | €17.42bn | €1.69bn |
| Total liabilities | €31.67bn | €32.82bn | €30.75bn | €50.20bn | €45.12bn | €40.04bn | €40.50bn | €38.55bn | €37.01bn | €2.76bn |
| Debt | €3.57bn | €3.55bn | €3.24bn | €3.29bn | €3.23bn | €3.21bn | €3.03bn | €2.83bn | €2.70bn | €2.76bn |
| Shareholders' equity | €4.43bn | €4.52bn | €4.69bn | €5.10bn | €6.38bn | €6.16bn | €6.35bn | €5.80bn | €6.20bn | €6.66bn |
| Shares outstanding | 178m | 179m | 193m | 179m | 181m | 193m | 194m | 150m | 188m | 185m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | €3.83bn | €4.07bn | €3.94bn | €3.95bn | €4.08bn | €4.31bn | €4.17bn | €4.17bn |
| Operating income | €226.0m | €321.0m | €303.0m | €281.0m | €315.0m | €284.0m | €254.0m | −€81.0m |
| Net income | €172.0m | €225.0m | €209.0m | €217.0m | €225.0m | €200.0m | €233.0m | −€117.0m |
| Diluted earnings per share | 0.97 | 1.26 | 1.18 | 1.22 | 1.27 | 1.12 | 1.30 | -0.65 |
| Total assets | €36.55bn | €36.77bn | €36.10bn | €35.34bn | €35.82bn | €37.34bn | €37.35bn | €36.48bn |
| Cash and short-term investments | €2.10bn | €2.22bn | €21.55bn | €2.05bn | €21.19bn | €2.03bn | €22.08bn | €1.87bn |
| Debt | €3.23bn | — | €3.48bn | €3.48bn | €3.33bn | — | €3.63bn | €3.05bn |
| Shareholders' equity | €4.41bn | €4.55bn | €4.43bn | €4.33bn | €4.13bn | €4.58bn | €4.52bn | €4.30bn |
Financial ratios
Data as of 14 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 8.1% | 1.9% | 8.7% | -9.4% | 4.8% | 2.9% |
| Net margin | 5.2% | 0.0% | 5.1% | -8.4% | 2.9% | 1.5% |
| Return on equity | 19.2% | 0.1% | 17.3% | -27.1% | 7.1% | 3.8% |
| Return on assets | 2.4% | 0.0% | 2.3% | -2.5% | 0.9% | 0.5% |
| Revenue growth | 3.8% | -1.2% | -3.7% | 2.8% | 3.7% | 2.7% |
| Earnings growth | 21175.0% | -99.5% | -158.7% | -403.3% | 94.9% | -44.5% |
| Current ratio | 133.06x | 57.49x | 103.48x | 4.48x | 7.19x | 10.49x |
| Debt to equity | 0.79x | 0.76x | 0.66x | 0.62x | 0.48x | 0.50x |
| Equity ratio | 12.3% | 12.1% | 13.2% | 9.2% | 12.4% | 13.3% |
| Interest coverage | 10.17x | 2.80x | 12.80x | -16.70x | 6.34x | 3.15x |
| Buybacks as a share of market value | 0.8% | 6.9% | -7.6% | 1.1% | 6.1% | 0.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.4% | 1.1% | 2.5% |
| Operating income | — | 13.2% | 4.2% |
| Net income | — | 29.5% | 2.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 5.0% | 2.2% | 3.2% | 4.5% |
| Net margin | 2.7% | 0.4% | 1.0% | 2.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.0 | — | 6.3 | -2.8 | 10.9 | 21.8 | 17.2 | 18.4 | 22.0 | 10.1 |
| Price to sales | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.5 | 0.4 | 0.5 | 0.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 4 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.90 | 1.80 | 1.80 | 1.40 | 1.80 | 1.80 | 1.75 | 1.65 |
- 10-to-1 reverse split · 3 Jan 2007
- 1-to-1 reverse split · 1 Feb 1999
- 4-for-1 split · 19 May 1994
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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