Leonardo S.p.A.

FINMY

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

19,362

Cost of Revenue

17,164

Gross Profit

2,197

Gross Margin

11.3%

Operating Income

1,429

Operating Margin

7.4%

Net Income

1,171

Net Margin

6.0%

EPS (Basic)

$0.94

EPS (Diluted)

$0.94

EBITDA

2,453

EBITDA Margin

12.7%

2023

12/31/2023

Revenue

16,667

Cost of Revenue

14,869

Gross Profit

1,799

Gross Margin

10.8%

Operating Income

1,093

Operating Margin

6.6%

Net Income

717

Net Margin

4.3%

EPS (Basic)

$0.51

EPS (Diluted)

$0.51

EBITDA

1,679

EBITDA Margin

10.1%

2022

12/31/2022

Revenue

16,037

Cost of Revenue

14,710

Gross Profit

1,328

Gross Margin

8.3%

Operating Income

936

Operating Margin

5.8%

Net Income

1,010

Net Margin

6.3%

EPS (Basic)

$0.81

EPS (Diluted)

$0.81

EBITDA

1,799

EBITDA Margin

11.2%

2021

12/31/2021

Revenue

15,407

Cost of Revenue

14,259

Gross Profit

1,148

Gross Margin

7.4%

Operating Income

901

Operating Margin

5.9%

Net Income

639

Net Margin

4.1%

EPS (Basic)

$0.51

EPS (Diluted)

$0.51

EBITDA

1,499

EBITDA Margin

9.7%

2020

12/31/2020

Revenue

14,617

Cost of Revenue

13,492

Gross Profit

1,125

Gross Margin

7.7%

Operating Income

703

Operating Margin

4.8%

Net Income

263

Net Margin

1.8%

EPS (Basic)

$0.21

EPS (Diluted)

$0.21

EBITDA

1,328

EBITDA Margin

9.1%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	19,362	16,667	16,037	15,407	14,617
Cost of Revenue	17,164	14,869	14,710	14,259	13,492
Gross Profit	2,197	1,799	1,328	1,148	1,125
Gross Margin	11.3%	10.8%	8.3%	7.4%	7.7%
Operating Income	1,429	1,093	936	901	703
Operating Margin	7.4%	6.6%	5.8%	5.9%	4.8%
Net Income	1,171	717	1,010	639	263
Net Margin	6.0%	4.3%	6.3%	4.1%	1.8%
EPS (Basic)	$0.94	$0.51	$0.81	$0.51	$0.21
EPS (Diluted)	$0.94	$0.51	$0.81	$0.51	$0.21
EBITDA	2,453	1,679	1,799	1,499	1,328
EBITDA Margin	12.7%	10.1%	11.2%	9.7%	9.1%