AB Volvo (publ)
VOLV-A.STFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
48,467
Cost of Revenue
35,215
Gross Profit
13,253
Gross Margin
27.3%
Operating Income
6,128
Operating Margin
12.6%
Net Income
4,636
Net Margin
9.6%
EPS (Basic)
$2.00
EPS (Diluted)
$2.00
EBITDA
8,404
EBITDA Margin
17.3%
2023
12/31/2023
Revenue
50,854
Cost of Revenue
37,117
Gross Profit
13,738
Gross Margin
27.0%
Operating Income
6,192
Operating Margin
12.2%
Net Income
4,584
Net Margin
9.0%
EPS (Basic)
$2.00
EPS (Diluted)
$2.00
EBITDA
8,171
EBITDA Margin
16.1%
2022
12/31/2022
Revenue
43,560
Cost of Revenue
33,280
Gross Profit
10,280
Gross Margin
23.6%
Operating Income
4,206
Operating Margin
9.7%
Net Income
3,010
Net Margin
6.9%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
6,165
EBITDA Margin
14.2%
2021
12/31/2021
Revenue
34,244
Cost of Revenue
25,987
Gross Profit
8,257
Gross Margin
24.1%
Operating Income
3,963
Operating Margin
11.6%
Net Income
3,016
Net Margin
8.8%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
5,808
EBITDA Margin
17.0%
2020
12/31/2020
Revenue
31,137
Cost of Revenue
23,857
Gross Profit
7,280
Gross Margin
23.4%
Operating Income
2,529
Operating Margin
8.1%
Net Income
1,777
Net Margin
5.7%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
3,983
EBITDA Margin
12.8%