Lonza Group AG

LZAGY

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

7,429

Cost of Revenue

4,988

Gross Profit

2,441

Gross Margin

32.9%

Operating Income

1,089

Operating Margin

14.7%

Net Income

719

Net Margin

9.7%

EPS (Basic)

$0.89

EPS (Diluted)

$0.89

EBITDA

1,742

EBITDA Margin

23.5%

2023

12/31/2023

Revenue

7,590

Cost of Revenue

5,389

Gross Profit

2,201

Gross Margin

29.0%

Operating Income

994

Operating Margin

13.1%

Net Income

739

Net Margin

9.7%

EPS (Basic)

$0.89

EPS (Diluted)

$0.89

EBITDA

1,731

EBITDA Margin

22.8%

2022

12/31/2022

Revenue

7,032

Cost of Revenue

4,433

Gross Profit

2,599

Gross Margin

37.0%

Operating Income

1,741

Operating Margin

24.8%

Net Income

1,373

Net Margin

19.5%

EPS (Basic)

$1.64

EPS (Diluted)

$1.63

EBITDA

2,241

EBITDA Margin

31.9%

2021

12/31/2021

Revenue

6,112

Cost of Revenue

3,887

Gross Profit

2,225

Gross Margin

36.4%

Operating Income

962

Operating Margin

15.7%

Net Income

3,327

Net Margin

54.4%

EPS (Basic)

$3.97

EPS (Diluted)

$3.95

EBITDA

1,477

EBITDA Margin

24.2%

2020

12/31/2020

Revenue

5,094

Cost of Revenue

3,166

Gross Profit

1,928

Gross Margin

37.8%

Operating Income

1,018

Operating Margin

20.0%

Net Income

982

Net Margin

19.3%

EPS (Basic)

$1.17

EPS (Diluted)

$1.16

EBITDA

1,605

EBITDA Margin

31.5%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	7,429	7,590	7,032	6,112	5,094
Cost of Revenue	4,988	5,389	4,433	3,887	3,166
Gross Profit	2,441	2,201	2,599	2,225	1,928
Gross Margin	32.9%	29.0%	37.0%	36.4%	37.8%
Operating Income	1,089	994	1,741	962	1,018
Operating Margin	14.7%	13.1%	24.8%	15.7%	20.0%
Net Income	719	739	1,373	3,327	982
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	1,742	1,731	2,241	1,477	1,605
EBITDA Margin	23.5%	22.8%	31.9%	24.2%	31.5%