Financials in USD. Standardized financial statements.
A compact view of how Thule Group AB (publ) 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? | $10.43B | $9.54B | $9.13B | $10.14B | $10.39B | $7.83B | $7.04B | $6.48B | $5.87B | $5.61B |
| Revenue Growth? | +9.3% | +4.5% | -9.9% | -2.4% | +32.7% | +11.2% | +8.5% | +10.4% | +4.7% | 0.0% |
| Cost of Revenue? | $5.63B | $5.47B | $5.39B | $6.28B | $6.23B | $4.60B | $4.21B | $3.86B | $3.46B | $3.35B |
| Gross Profit? | $4.79B | $4.07B | $3.74B | $3.86B | $4.16B | $3.23B | $2.83B | $2.63B | $2.42B | $2.26B |
| Gross Margin? | +46.0% | +42.7% | +40.9% | +38.1% | +40.1% | +41.2% | +40.2% | +40.5% | +41.2% | +40.2% |
| Operating Expenses? | $3.15B | $2.55B | $2.23B | $2.15B | $1.83B | $1.64B | $1.63B | $1.46B | $1.35B | $1.30B |
| Operating Income? | $1.64B | $1.52B | $1.50B | $1.71B | $2.34B | $1.59B | $1.20B | $1.16B | $1.07B | $957.00M |
| EBITDA? | $1.92B | $1.89B | $1.88B | $1.94B | $2.50B | $1.73B | $1.34B | $1.24B | $1.13B | $995.00M |
| Income Before Tax | $1.47B | $1.45B | $1.42B | $1.65B | $2.30B | $1.53B | $1.15B | $1.11B | $1.01B | $921.00M |
| Income Tax Expense | $360.00M | $325.00M | $321.00M | $373.00M | $513.00M | $361.00M | $263.00M | $277.00M | $325.00M | $245.00M |
| Net Income? | $1.11B | $1.12B | $1.10B | $1.27B | $1.79B | $1.17B | $883.00M | $837.00M | $707.00M | $676.00M |
| EPS? | $5.17 | $5.30 | $5.23 | $6.10 | $8.56 | $5.62 | $4.28 | $4.07 | $3.47 | $3.35 |
| Diluted EPS? | $5.17 | $5.30 | $5.22 | $6.06 | $8.48 | $5.61 | $4.27 | $4.06 | $3.45 | $3.32 |
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