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Leonardo S.p.a American Depositary Receipt(FINMY US)

$27.64+0.250.90%(Market Open · 20:58:42 UTC)
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ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
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  • Home
  • AI Agent
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HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Leonardo S.p.a American Depositary Receipt(FINMY US)

$27.64+0.250.90%(Market Open · 20:58:42 UTC)
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
FINMY US​
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Leonardo S.p.a American Depositary Receipt — Company Profile

Leonardo S.p.A. functions as a leading industrial and technology conglomerate, with its core activities encompassing the production of rotary-wing aircraft, defense electronics and security systems, aeronautics, and advanced space technologies. The company's extensive reach covers Italy, the United Kingdom, the broader European continent, the United States, and a variety of international markets. Its offerings include a comprehensive selection of helicopters tailored for diverse missions such as battlefield operations, combat, maritime patrolling, training, executive and private transportation, medical evacuation and rescue, security surveillance, energy sector support, and general utility services. Leonardo also provides essential support and pilot training programs. In the aeronautical sector, the company manufactures sophisticated trainers, combat jets, and versatile multi-mission transport and reconnaissance aircraft. For defense electronics and security, Leonardo delivers advanced command and control systems, state-of-the-art radars and sensors, optoelectronic devices, secure communication networks, electronic warfare capabilities, avionics suites, air traffic management solutions, and various integrated defense systems. Additionally, it specializes in cybersecurity and resilience, critical communications infrastructure, digital transformation initiatives, and robust monitoring solutions. Within its space division, the firm provides expertise in geoinformation services, satellite communication systems, terrestrial ground stations, navigation technologies, and satellite operational management. Its contributions further extend to developing interplanetary probes and orbiting modules, along with manufacturing specialized components like robotics and drilling equipment, electro-optical instruments, laser transmitters, high-precision atomic clocks, solar photovoltaic panels, power distribution and amplification units, attitude sensors, and orbital micropropulsion systems. Furthermore, Leonardo is actively involved in the fabrication and assembly of critical structural components, utilizing both composite and metallic materials, for commercial and military aircraft, helicopters, and unmanned aerial vehicles. The company also implements advanced automation solutions for airport baggage handling, mail sorting centers, and logistics hubs for courier services. Established in 1948, the entity was originally known as Leonardo – Finmeccanica S.p.a. before officially changing its name to Leonardo S.p.A. in January 2017. Its global headquarters are located in Rome, Italy.

Sector
Health Care
Industry
Biotechnology
Exchange
UU
CEO
Roberto Cingolani
Headquarters
Rome, L6, IT
IPO Date
Jan 5, 2010
Employees
62,762

Leonardo S.p.a American Depositary Receipt — Company Profile

Leonardo S.p.A. functions as a leading industrial and technology conglomerate, with its core activities encompassing the production of rotary-wing aircraft, defense electronics and security systems, aeronautics, and advanced space technologies. The company's extensive reach covers Italy, the United Kingdom, the broader European continent, the United States, and a variety of international markets. Its offerings include a comprehensive selection of helicopters tailored for diverse missions such as battlefield operations, combat, maritime patrolling, training, executive and private transportation, medical evacuation and rescue, security surveillance, energy sector support, and general utility services. Leonardo also provides essential support and pilot training programs. In the aeronautical sector, the company manufactures sophisticated trainers, combat jets, and versatile multi-mission transport and reconnaissance aircraft. For defense electronics and security, Leonardo delivers advanced command and control systems, state-of-the-art radars and sensors, optoelectronic devices, secure communication networks, electronic warfare capabilities, avionics suites, air traffic management solutions, and various integrated defense systems. Additionally, it specializes in cybersecurity and resilience, critical communications infrastructure, digital transformation initiatives, and robust monitoring solutions. Within its space division, the firm provides expertise in geoinformation services, satellite communication systems, terrestrial ground stations, navigation technologies, and satellite operational management. Its contributions further extend to developing interplanetary probes and orbiting modules, along with manufacturing specialized components like robotics and drilling equipment, electro-optical instruments, laser transmitters, high-precision atomic clocks, solar photovoltaic panels, power distribution and amplification units, attitude sensors, and orbital micropropulsion systems. Furthermore, Leonardo is actively involved in the fabrication and assembly of critical structural components, utilizing both composite and metallic materials, for commercial and military aircraft, helicopters, and unmanned aerial vehicles. The company also implements advanced automation solutions for airport baggage handling, mail sorting centers, and logistics hubs for courier services. Established in 1948, the entity was originally known as Leonardo – Finmeccanica S.p.a. before officially changing its name to Leonardo S.p.A. in January 2017. Its global headquarters are located in Rome, Italy.

Sector
Health Care
Industry
Biotechnology
Exchange
UU
CEO
Roberto Cingolani
Headquarters
Rome, L6, IT
IPO Date
Jan 5, 2010
Employees
62,762
Website
www.leonardo.com

Key Metrics

Price
$26.74
Market Cap
$61.70B
Revenue (TTM)
$18.73B
Net Income (TTM)
$1.18B
EPS (TTM)
0.51
P/E (TTM)
0.00
P/B (TTM)
6.45
Dividend Yield
115.58%
ROE (TTM)
12.30%
ROA (TTM)
3.41%
Operating Margin
6.36%
Beta
0.82

Dividends

Last Dividend
$0.30
Last Yield
1.16%

Summary

Leonardo S.p.A. functions as a leading industrial and technology conglomerate, with its core activities encompassing the production of rotary-wing aircraft, defense electronics and security systems, aeronautics, and advanced space technologies. The company's extensive reach covers Italy, the United Kingdom, the broader European continent, the United States, and a variety of international markets. Its offerings include a comprehensive selection of helicopters tailored for diverse missions such as battlefield operations, combat, maritime patrolling, training, executive and private transportation, medical evacuation and rescue, security surveillance, energy sector support, and general utility services. Leonardo also provides essential support and pilot training programs. In the aeronautical sector, the company manufactures sophisticated trainers, combat jets, and versatile multi-mission transport and reconnaissance aircraft. For defense electronics and security, Leonardo delivers advanced command and control systems, state-of-the-art radars and sensors, optoelectronic devices, secure communication networks, electronic warfare capabilities, avionics suites, air traffic management solutions, and various integrated defense systems. Additionally, it specializes in cybersecurity and resilience, critical communications infrastructure, digital transformation initiatives, and robust monitoring solutions. Within its space division, the firm provides expertise in geoinformation services, satellite communication systems, terrestrial ground stations, navigation technologies, and satellite operational management. Its contributions further extend to developing interplanetary probes and orbiting modules, along with manufacturing specialized components like robotics and drilling equipment, electro-optical instruments, laser transmitters, high-precision atomic clocks, solar photovoltaic panels, power distribution and amplification units, attitude sensors, and orbital micropropulsion systems. Furthermore, Leonardo is actively involved in the fabrication and assembly of critical structural components, utilizing both composite and metallic materials, for commercial and military aircraft, helicopters, and unmanned aerial vehicles. The company also implements advanced automation solutions for airport baggage handling, mail sorting centers, and logistics hubs for courier services. Established in 1948, the entity was originally known as Leonardo – Finmeccanica S.p.a. before officially changing its name to Leonardo S.p.A. in January 2017. Its global headquarters are located in Rome, Italy.

Website
www.leonardo.com
Location
Rome, L6, IT
Phone39 06 324731
Employees62,762
CEORoberto Cingolani
Sector
Health Care
Industry
Biotechnology
IPO DateJan 5, 2010

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(2)

Expand
  • Form 4Leonardo S.p.a21 Nov 2023
  • Form 3Leonardo S.p.a28 Nov 2022

News

  • Leonardo S.p.a. (FINMY) Q3 2026 Earnings Call Transcript5 Nov
  • Italy's Leonardo aerostructures losses ease as JV talks continue5 Nov
  • Italy's Leonardo lifts 2026 order outlook again as nine-month profit rises5 Nov
  • Italy's Leonardo Lifts Order Guidance Again as Defense Business Grows Strongly5 Nov
  • EU Commission clears Leonardo acquisition of Iveco's defence unit14 Oct
  • Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Stock Short Interest Report for September12 Oct
  • All You Need to Know About Leonardo S.P.A. - Unsponsored ADR (FINMY) Rating Upgrade to Buy4 Sep
  • Are Aerospace Stocks Lagging Leonardo S.P.A. - Unsponsored ADR (FINMY) This Year?14 Aug

Mentions in Filings

  • … h environmental laws and regulations, and any environmental liabilities that may affect our reputation or financial position; •Any conflict of interest that may arise because US Holding, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·S-3ASR - Automatic shelf registration statement (S-3)·Q4 26·04:35PM
  • … l laws and regulations, and any environmental liabilities that may affect our reputation or financial position; •Any conflict of interest that may arise because Leonardo US Holding, LLC, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·10-Q - Quarterly report Q3·Q3 26·29 Oct
  • … ntal laws and regulations and any environmental liabilities that may affect our reputation or financial position; any conflict of interest that may arise because Leonardo US Holding, LLC, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·29 Oct
  • … ntal laws and regulations and any environmental liabilities that may affect our reputation or financial position; any conflict of interest that may arise because Leonardo US Holding, LLC, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q3 26·30 Jul
  • … l laws and regulations, and any environmental liabilities that may affect our reputation or financial position; •Any conflict of interest that may arise because Leonardo US Holding, LLC, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·10-Q - Quarterly report Q1·Q1 26·5 May
  • … ntal laws and regulations and any environmental liabilities that may affect our reputation or financial position; any conflict of interest that may arise because Leonardo US Holding, LLC, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q2 26·5 May

Key Stats

Trading

Px/Chg 1D$26.74 / +0.45%
Avg Volume90.27K
Beta0.82
Mkt Cap61.70B
FD Mkt Cap70.50B

Float

Shrs Out/Float2.31B / 805.65M
Short Float0.00%
Days to Cover1.00
Stock Repurchased$28.82M

Current Valuation

EV64.13B
EV/EBITDA0.00
EV/Sales0.00
P/B6.45
P/S0.00
FCF Yield2.19%
ROE12.30%
ROA3.41%
Current Ratio0.98

Dividend

Cash$0.30
Yield115.58%
Yield (TTM)115.58%

Estimates

P/E0.00
Est P/E0.00
Est EPS0.22
Est PEG0.00

Valuation

Metric5Yr AvgJun '22Jun '23Jun '24Jun '25Oct '26
PRICE-BASED RATIOS
Price / Earnings30.959.846.8922.8029.2585.98
Price / Sales1.890.410.430.981.775.87
Price / Book Value2.730.900.891.923.496.45
Price / Free Cash Flow34.7930.3412.2137.1448.6345.65
ENTERPRISE VALUE METRICS
Enterprise Value27,343.79,237.810,294.918,285.634,765.864,134.7
Enterprise Value / Sales2.120.650.701.201.966.10
Enterprise Value / EBITDA4.786.726.2411.8715.45-16.37
Enterprise Value / EBIT9.1410.389.3718.8321.91-14.77

Financials

Full Financials
Millions EUR5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue7.3%14,135.014,713.015,291.017,763.018,733.3
Gross Income9.4%1,053.01,218.01,650.02,016.01,509.0
EBITDA12.3%1,375.01,650.01,540.02,250.02,183.3
EBIT7.6%890.01,099.0971.01,587.01,191.1
Net Income19%586.0927.0658.01,074.01,175.7
EPS (Diluted)0%0.510.810.510.940.51
BALANCE SHEET
Cash & ST Inv6.9%2,479.01,511.02,407.02,556.03,238.0
Total Assets5%28,379.028,582.030,693.033,673.034,509.0
Total Liabilities2.5%21,539.020,883.022,132.023,473.023,769.0
Total Shareholder Equity10.4%6,428.07,183.07,800.08,990.09,560.0
CASH FLOW
Net Operating Cash Flow24.2%805.01,285.01,186.01,541.01,914.3
Cap Ex13.4%-615.0-762.0-782.0-895.0-1,016.0
Free Cash Flow40.2%190.0523.0404.0646.0734.0

Enterprise Value Bridge

Millions EUR13 Nov '26
Price (As of 13 Nov '26)27.43
Basic Shares2,307.54
Market Cap63,295.9
Diluted Shares2,308.37
Fully Diluted Shares Outstanding2,308.37
Fully Diluted Market Cap63,318.5
+Consolidated Debt4,511.1
−In-the-Money Convertible Debt—
+Capital Leases623.8
+Operating Leases—
−Cash & Equivalents-985.6
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,195.5
+Pension Liabilities—
Enterprise Value68,017.0

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Website
www.leonardo.com

Key Metrics

Price
$26.74
Market Cap
$61.70B
Revenue (TTM)
$18.73B
Net Income (TTM)
$1.18B
EPS (TTM)
0.51
P/E (TTM)
0.00
P/B (TTM)
6.45
Dividend Yield
115.58%
ROE (TTM)
12.30%
ROA (TTM)
3.41%
Operating Margin
6.36%
Beta
0.82

Dividends

Last Dividend
$0.30
Last Yield
1.16%

Summary

Leonardo S.p.A. functions as a leading industrial and technology conglomerate, with its core activities encompassing the production of rotary-wing aircraft, defense electronics and security systems, aeronautics, and advanced space technologies. The company's extensive reach covers Italy, the United Kingdom, the broader European continent, the United States, and a variety of international markets. Its offerings include a comprehensive selection of helicopters tailored for diverse missions such as battlefield operations, combat, maritime patrolling, training, executive and private transportation, medical evacuation and rescue, security surveillance, energy sector support, and general utility services. Leonardo also provides essential support and pilot training programs. In the aeronautical sector, the company manufactures sophisticated trainers, combat jets, and versatile multi-mission transport and reconnaissance aircraft. For defense electronics and security, Leonardo delivers advanced command and control systems, state-of-the-art radars and sensors, optoelectronic devices, secure communication networks, electronic warfare capabilities, avionics suites, air traffic management solutions, and various integrated defense systems. Additionally, it specializes in cybersecurity and resilience, critical communications infrastructure, digital transformation initiatives, and robust monitoring solutions. Within its space division, the firm provides expertise in geoinformation services, satellite communication systems, terrestrial ground stations, navigation technologies, and satellite operational management. Its contributions further extend to developing interplanetary probes and orbiting modules, along with manufacturing specialized components like robotics and drilling equipment, electro-optical instruments, laser transmitters, high-precision atomic clocks, solar photovoltaic panels, power distribution and amplification units, attitude sensors, and orbital micropropulsion systems. Furthermore, Leonardo is actively involved in the fabrication and assembly of critical structural components, utilizing both composite and metallic materials, for commercial and military aircraft, helicopters, and unmanned aerial vehicles. The company also implements advanced automation solutions for airport baggage handling, mail sorting centers, and logistics hubs for courier services. Established in 1948, the entity was originally known as Leonardo – Finmeccanica S.p.a. before officially changing its name to Leonardo S.p.A. in January 2017. Its global headquarters are located in Rome, Italy.

Website
www.leonardo.com
Location
Rome, L6, IT
Phone39 06 324731
Employees62,762
CEORoberto Cingolani
Sector
Health Care
Industry
Biotechnology
IPO DateJan 5, 2010

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(2)

Expand
  • Form 4Leonardo S.p.a21 Nov 2023
  • Form 3Leonardo S.p.a28 Nov 2022

News

  • Leonardo S.p.a. (FINMY) Q3 2026 Earnings Call Transcript5 Nov
  • Italy's Leonardo aerostructures losses ease as JV talks continue5 Nov
  • Italy's Leonardo lifts 2026 order outlook again as nine-month profit rises5 Nov
  • Italy's Leonardo Lifts Order Guidance Again as Defense Business Grows Strongly5 Nov
  • EU Commission clears Leonardo acquisition of Iveco's defence unit14 Oct
  • Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Stock Short Interest Report for September12 Oct
  • All You Need to Know About Leonardo S.P.A. - Unsponsored ADR (FINMY) Rating Upgrade to Buy4 Sep
  • Are Aerospace Stocks Lagging Leonardo S.P.A. - Unsponsored ADR (FINMY) This Year?14 Aug

Mentions in Filings

  • … h environmental laws and regulations, and any environmental liabilities that may affect our reputation or financial position; •Any conflict of interest that may arise because US Holding, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·S-3ASR - Automatic shelf registration statement (S-3)·Q4 26·04:35PM
  • … l laws and regulations, and any environmental liabilities that may affect our reputation or financial position; •Any conflict of interest that may arise because Leonardo US Holding, LLC, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·10-Q - Quarterly report Q3·Q3 26·29 Oct
  • … ntal laws and regulations and any environmental liabilities that may affect our reputation or financial position; any conflict of interest that may arise because Leonardo US Holding, LLC, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·29 Oct
  • … ntal laws and regulations and any environmental liabilities that may affect our reputation or financial position; any conflict of interest that may arise because Leonardo US Holding, LLC, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q3 26·30 Jul
  • … l laws and regulations, and any environmental liabilities that may affect our reputation or financial position; •Any conflict of interest that may arise because Leonardo US Holding, LLC, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·10-Q - Quarterly report Q1·Q1 26·5 May
  • … ntal laws and regulations and any environmental liabilities that may affect our reputation or financial position; any conflict of interest that may arise because Leonardo US Holding, LLC, our majority stockholder, or <strong>Leonardo S.p.A.</strong>, our indirect majority stockholder, may have interests that are different from, or conflict with, those of our other stockholders, including as a result of any ongoing business relationships Leonardo S.p.A. may have w …
    Leonardo DRS, Inc.Leonardo S.p.a American Depositary Receipt·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q2 26·5 May

Key Stats

Trading

Px/Chg 1D$26.74 / +0.45%
Avg Volume90.27K
Beta0.82
Mkt Cap61.70B
FD Mkt Cap70.50B

Float

Shrs Out/Float2.31B / 805.65M
Short Float0.00%
Days to Cover1.00
Stock Repurchased$28.82M

Current Valuation

EV64.13B
EV/EBITDA0.00
EV/Sales0.00
P/B6.45
P/S0.00
FCF Yield2.19%
ROE12.30%
ROA3.41%
Current Ratio0.98

Dividend

Cash$0.30
Yield115.58%
Yield (TTM)115.58%

Estimates

P/E0.00
Est P/E0.00
Est EPS0.22
Est PEG0.00

Valuation

Metric5Yr AvgJun '22Jun '23Jun '24Jun '25Oct '26
PRICE-BASED RATIOS
Price / Earnings30.959.846.8922.8029.2585.98
Price / Sales1.890.410.430.981.775.87
Price / Book Value2.730.900.891.923.496.45
Price / Free Cash Flow34.7930.3412.2137.1448.6345.65
ENTERPRISE VALUE METRICS
Enterprise Value27,343.79,237.810,294.918,285.634,765.864,134.7
Enterprise Value / Sales2.120.650.701.201.966.10
Enterprise Value / EBITDA4.786.726.2411.8715.45-16.37
Enterprise Value / EBIT9.1410.389.3718.8321.91-14.77

Financials

Full Financials
Millions EUR5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue7.3%14,135.014,713.015,291.017,763.018,733.3
Gross Income9.4%1,053.01,218.01,650.02,016.01,509.0
EBITDA12.3%1,375.01,650.01,540.02,250.02,183.3
EBIT7.6%890.01,099.0971.01,587.01,191.1
Net Income19%586.0927.0658.01,074.01,175.7
EPS (Diluted)0%0.510.810.510.940.51
BALANCE SHEET
Cash & ST Inv6.9%2,479.01,511.02,407.02,556.03,238.0
Total Assets5%28,379.028,582.030,693.033,673.034,509.0
Total Liabilities2.5%21,539.020,883.022,132.023,473.023,769.0
Total Shareholder Equity10.4%6,428.07,183.07,800.08,990.09,560.0
CASH FLOW
Net Operating Cash Flow24.2%805.01,285.01,186.01,541.01,914.3
Cap Ex13.4%-615.0-762.0-782.0-895.0-1,016.0
Free Cash Flow40.2%190.0523.0404.0646.0734.0

Enterprise Value Bridge

Millions EUR13 Nov '26
Price (As of 13 Nov '26)27.43
Basic Shares2,307.54
Market Cap63,295.9
Diluted Shares2,308.37
Fully Diluted Shares Outstanding2,308.37
Fully Diluted Market Cap63,318.5
+Consolidated Debt4,511.1
−In-the-Money Convertible Debt—
+Capital Leases623.8
+Operating Leases—
−Cash & Equivalents-985.6
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,195.5
+Pension Liabilities—
Enterprise Value68,017.0

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