Volkswagen AG
VWAGYFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
353,874
Cost of Revenue
289,051
Gross Profit
64,823
Gross Margin
18.3%
Operating Income
20,775
Operating Margin
5.9%
Net Income
12,373
Net Margin
3.5%
EPS (Basic)
$2.14
EPS (Diluted)
$2.14
EBITDA
56,242
EBITDA Margin
15.9%
2023
12/31/2023
Revenue
351,290
Cost of Revenue
284,816
Gross Profit
66,474
Gross Margin
18.9%
Operating Income
24,608
Operating Margin
7.0%
Net Income
18,020
Net Margin
5.1%
EPS (Basic)
$3.19
EPS (Diluted)
$3.18
EBITDA
55,308
EBITDA Margin
15.7%
2022
12/31/2022
Revenue
304,165
Cost of Revenue
247,284
Gross Profit
56,881
Gross Margin
18.7%
Operating Income
24,099
Operating Margin
7.9%
Net Income
16,848
Net Margin
5.5%
EPS (Basic)
$2.97
EPS (Diluted)
$2.97
EBITDA
54,507
EBITDA Margin
17.9%
2021
12/31/2021
Revenue
272,717
Cost of Revenue
221,225
Gross Profit
51,492
Gross Margin
18.9%
Operating Income
21,010
Operating Margin
7.7%
Net Income
16,766
Net Margin
6.1%
EPS (Basic)
$2.96
EPS (Diluted)
$2.96
EBITDA
50,887
EBITDA Margin
18.7%
2020
12/31/2020
Revenue
242,945
Cost of Revenue
200,491
Gross Profit
42,453
Gross Margin
17.5%
Operating Income
10,546
Operating Margin
4.3%
Net Income
9,665
Net Margin
4.0%
EPS (Basic)
$1.66
EPS (Diluted)
$1.66
EBITDA
39,619
EBITDA Margin
16.3%