ING Groep N.V.
INN1.DEFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
69,729
Cost of Revenue
47,246
Gross Profit
22,484
Gross Margin
32.2%
Operating Income
9,935
Operating Margin
14.2%
Net Income
6,712
Net Margin
9.6%
EPS (Basic)
$2.00
EPS (Diluted)
$2.00
EBITDA
10,472
EBITDA Margin
15.0%
2023
12/31/2023
Revenue
61,846
Cost of Revenue
38,584
Gross Profit
23,262
Gross Margin
37.6%
Operating Income
11,017
Operating Margin
17.8%
Net Income
7,651
Net Margin
12.4%
EPS (Basic)
$2.00
EPS (Diluted)
$2.00
EBITDA
11,724
EBITDA Margin
19.0%
2022
12/31/2022
Revenue
35,286
Cost of Revenue
17,370
Gross Profit
17,916
Gross Margin
50.8%
Operating Income
6,488
Operating Margin
18.4%
Net Income
3,858
Net Margin
10.9%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
6,427
EBITDA Margin
18.2%
2021
12/31/2021
Revenue
27,072
Cost of Revenue
8,388
Gross Profit
20,481
Gross Margin
75.7%
Operating Income
7,358
Operating Margin
27.2%
Net Income
5,015
Net Margin
18.5%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
7,849
EBITDA Margin
29.0%
2020
12/31/2020
Revenue
18,710
Cost of Revenue
0
Gross Profit
15,337
Gross Margin
82.0%
Operating Income
4,920
Operating Margin
26.3%
Net Income
2,609
Net Margin
13.9%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
4,801
EBITDA Margin
25.7%