Leonardo S.p.A.

FINMY

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

17,763

Cost of Revenue

15,747

Gross Profit

2,016

Gross Margin

11.3%

Operating Income

1,311

Operating Margin

7.4%

Net Income

1,074

Net Margin

6.0%

EPS (Basic)

$0.94

EPS (Diluted)

$0.94

EBITDA

2,250

EBITDA Margin

12.7%

2023

12/31/2023

Revenue

15,291

Cost of Revenue

13,641

Gross Profit

1,650

Gross Margin

10.8%

Operating Income

1,003

Operating Margin

6.6%

Net Income

658

Net Margin

4.3%

EPS (Basic)

$0.51

EPS (Diluted)

$0.51

EBITDA

1,540

EBITDA Margin

10.1%

2022

12/31/2022

Revenue

14,713

Cost of Revenue

13,495

Gross Profit

1,218

Gross Margin

8.3%

Operating Income

859

Operating Margin

5.8%

Net Income

927

Net Margin

6.3%

EPS (Basic)

$0.81

EPS (Diluted)

$0.81

EBITDA

1,650

EBITDA Margin

11.2%

2021

12/31/2021

Revenue

14,135

Cost of Revenue

13,082

Gross Profit

1,053

Gross Margin

7.4%

Operating Income

827

Operating Margin

5.9%

Net Income

586

Net Margin

4.1%

EPS (Basic)

$0.51

EPS (Diluted)

$0.51

EBITDA

1,375

EBITDA Margin

9.7%

2020

12/31/2020

Revenue

13,410

Cost of Revenue

12,378

Gross Profit

1,032

Gross Margin

7.7%

Operating Income

645

Operating Margin

4.8%

Net Income

241

Net Margin

1.8%

EPS (Basic)

$0.21

EPS (Diluted)

$0.21

EBITDA

1,218

EBITDA Margin

9.1%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	17,763	15,291	14,713	14,135	13,410
Cost of Revenue	15,747	13,641	13,495	13,082	12,378
Gross Profit	2,016	1,650	1,218	1,053	1,032
Gross Margin	11.3%	10.8%	8.3%	7.4%	7.7%
Operating Income	1,311	1,003	859	827	645
Operating Margin	7.4%	6.6%	5.8%	5.9%	4.8%
Net Income	1,074	658	927	586	241
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	2,250	1,540	1,650	1,375	1,218
EBITDA Margin	12.7%	10.1%	11.2%	9.7%	9.1%