Financials in USD. Standardized financial statements.
A compact view of how Carlsberg A/S turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $88.89B | $75.01B | $73.81B | $70.27B | $60.25B | $58.36B | $65.18B | $62.62B | $61.07B | $62.94B |
| Revenue Growth? | +18.5% | +1.6% | +5.0% | +16.6% | +3.2% | -10.5% | +4.1% | +2.5% | -3.0% | 0.0% |
| Cost of Revenue? | $51.27B | $40.63B | $40.75B | $39.53B | $33.10B | $31.72B | $34.75B | $32.56B | $31.98B | $32.82B |
| Gross Profit? | $37.62B | $34.38B | $32.83B | $32.07B | $27.15B | $26.65B | $30.42B | $30.06B | $29.09B | $30.12B |
| Gross Margin? | +42.3% | +45.8% | +44.5% | +45.6% | +45.1% | +45.7% | +46.7% | +48.0% | +47.6% | +47.9% |
| Operating Expenses? | $25.72B | $22.97B | $22.36B | $21.58B | $17.44B | $17.16B | $20.48B | $21.05B | $20.56B | $22.43B |
| Operating Income? | $11.90B | $10.75B | $10.48B | $10.49B | $9.71B | $9.48B | $9.94B | $9.01B | $8.53B | $7.69B |
| EBITDA? | $16.42B | $15.80B | $14.63B | $14.62B | $15.08B | $13.12B | $15.05B | $13.08B | $8.95B | $12.46B |
| Income Before Tax | $9.03B | $9.99B | $9.87B | $9.91B | $10.48B | $9.00B | $10.12B | $8.54B | $3.55B | $6.96B |
| Income Tax Expense | $2.07B | $1.98B | $1.86B | $1.76B | $2.16B | $2.23B | $2.72B | $2.39B | $1.47B | $2.40B |
| Net Income? | $5.94B | $6.84B | -$40.91B | -$1.05B | $6.86B | $6.01B | $6.50B | $5.32B | $1.27B | $4.51B |
| EPS? | $44.96 | $51.57 | $-2035.58 | $-7.54 | $47.69 | $41.12 | $43.19 | $34.93 | $8.30 | $29.55 |
| Diluted EPS? | $44.83 | $51.43 | $-2025.55 | $-7.60 | $47.56 | $40.94 | $42.99 | $34.73 | $8.30 | $29.48 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality