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 | $73.58B | $70.27B | $60.10B | $58.54B | $65.90B | $62.50B | $61.81B | $62.61B |
| Revenue Growth? | +18.5% | +1.9% | +4.7% | +16.9% | +2.7% | -11.2% | +5.4% | +1.1% | -1.3% | 0.0% |
| Cost of Revenue? | $48.75B | $40.63B | $40.75B | $38.20B | $35.31B | $30.18B | $33.26B | $31.28B | $30.32B | $31.20B |
| Gross Profit? | $40.14B | $34.38B | $32.83B | $32.07B | $28.57B | $28.36B | $32.64B | $31.22B | $31.48B | $31.42B |
| Gross Margin? | +45.2% | +45.8% | +44.6% | +45.6% | +47.5% | +48.4% | +49.5% | +49.9% | +50.9% | +50.2% |
| Operating Expenses? | $28.03B | $22.97B | $21.73B | $20.60B | $18.44B | $18.66B | $22.55B | $22.05B | $22.93B | $23.56B |
| Operating Income? | $12.12B | $11.41B | $11.11B | $11.47B | $10.13B | $9.70B | $10.46B | $9.33B | $8.88B | $8.24B |
| EBITDA? | $16.94B | $15.80B | $15.02B | $13.96B | $15.33B | $14.29B | $15.51B | $13.11B | $13.07B | $12.57B |
| Income Before Tax | $9.03B | $9.99B | $9.83B | $9.96B | $10.45B | $9.04B | $10.23B | $8.52B | $3.52B | $7.25B |
| Income Tax Expense | $2.07B | $1.98B | $1.86B | $1.78B | $2.15B | $2.23B | $2.75B | $2.39B | $1.46B | $2.39B |
| Net Income? | $5.94B | $9.12B | -$40.79B | -$1.06B | $6.85B | $6.03B | $6.57B | $5.31B | $1.26B | $4.49B |
| EPS? | $44.96 | $68.73 | $-300.39 | $-7.60 | $49.57 | $41.27 | $43.67 | $34.83 | $8.26 | $29.41 |
| Diluted EPS? | $44.96 | $68.58 | $-298.91 | $-7.60 | $49.40 | $41.09 | $43.44 | $34.67 | $8.24 | $29.36 |
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