Lonza Group AG

LZAGY

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

6,574

Cost of Revenue

4,414

Gross Profit

2,160

Gross Margin

32.9%

Operating Income

964

Operating Margin

14.7%

Net Income

636

Net Margin

9.7%

EPS (Basic)

$0.89

EPS (Diluted)

$0.89

EBITDA

1,542

EBITDA Margin

23.5%

2023

12/31/2023

Revenue

6,717

Cost of Revenue

4,769

Gross Profit

1,948

Gross Margin

29.0%

Operating Income

880

Operating Margin

13.1%

Net Income

654

Net Margin

9.7%

EPS (Basic)

$0.89

EPS (Diluted)

$0.89

EBITDA

1,532

EBITDA Margin

22.8%

2022

12/31/2022

Revenue

6,223

Cost of Revenue

3,923

Gross Profit

2,300

Gross Margin

37.0%

Operating Income

1,541

Operating Margin

24.8%

Net Income

1,215

Net Margin

19.5%

EPS (Basic)

$1.64

EPS (Diluted)

$1.63

EBITDA

2,115

EBITDA Margin

34.0%

2021

12/31/2021

Revenue

5,409

Cost of Revenue

3,440

Gross Profit

1,969

Gross Margin

36.4%

Operating Income

851

Operating Margin

15.7%

Net Income

2,944

Net Margin

54.4%

EPS (Basic)

$3.97

EPS (Diluted)

$3.95

EBITDA

1,307

EBITDA Margin

24.2%

2020

12/31/2020

Revenue

4,508

Cost of Revenue

2,802

Gross Profit

1,706

Gross Margin

37.8%

Operating Income

901

Operating Margin

20.0%

Net Income

869

Net Margin

19.3%

EPS (Basic)

$1.17

EPS (Diluted)

$1.16

EBITDA

1,420

EBITDA Margin

31.5%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	6,574	6,717	6,223	5,409	4,508
Cost of Revenue	4,414	4,769	3,923	3,440	2,802
Gross Profit	2,160	1,948	2,300	1,969	1,706
Gross Margin	32.9%	29.0%	37.0%	36.4%	37.8%
Operating Income	964	880	1,541	851	901
Operating Margin	14.7%	13.1%	24.8%	15.7%	20.0%
Net Income	636	654	1,215	2,944	869
Net Margin	9.7%	9.7%	19.5%	54.4%	19.3%
EPS (Basic)	$0.89	$0.89	$1.64	$3.97	$1.17
EPS (Diluted)	$0.89	$0.89	$1.63	$3.95	$1.16
EBITDA	1,542	1,532	2,115	1,307	1,420
EBITDA Margin	23.5%	22.8%	34.0%	24.2%	31.5%