Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of GSK plc.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.38B | $30.33B | $29.32B | $34.11B | $34.10B | $33.75B | $30.82B | $30.19B | $27.89B | $23.92B |
| Cost of Revenue | $9.05B | $8.56B | $9.55B | $11.60B | $11.70B | $11.86B | $10.24B | $10.34B | $9.29B | $8.85B |
| Gross Profit | $22.33B | $21.76B | $19.77B | $22.51B | $22.39B | $21.89B | $20.58B | $19.84B | $18.60B | $15.07B |
| Gross Profit Ratio | 71.16% | 71.80% | 67.42% | 66.00% | 65.68% | 64.85% | 66.77% | 65.74% | 66.69% | 62.99% |
| Research and Development Expenses | $6.40B | $6.22B | $5.49B | $5.28B | $5.10B | $4.57B | $3.89B | $4.48B | $3.63B | $3.56B |
| General and Administrative Expenses | $11.02B | $9.38B | $8.37B | $10.97B | $11.46B | $11.40B | $9.91B | $9.67B | $9.37B | $9.23B |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $1.38B | $1.35B | $1.26B | $1.06B |
| Selling General and Administrative Expenses | $11.02B | $9.38B | $8.37B | $10.97B | $11.46B | $11.40B | $9.91B | $9.67B | $9.37B | $9.23B |
| Other Expenses | $891.00M | $-590.00M | $-523.00M | $57.00M | $-1.94B | $-1.04B | $-292.00M | $-365.00M | $-421.00M | $7.71B |
| Operating Expenses | $18.31B | $15.02B | $13.34B | $16.31B | $14.61B | $14.93B | $15.10B | $15.76B | $16.00B | $12.46B |
| Cost and Expenses | $27.36B | $23.58B | $22.89B | $27.91B | $26.32B | $26.79B | $25.34B | $26.10B | $25.29B | $21.32B |
| Interest Income | $60.00M | $40.00M | $76.00M | $28.00M | $44.00M | $98.00M | $81.00M | $65.00M | $72.00M | $104.00M |
| Interest Expense | $640.00M | $775.00M | $879.00M | $784.00M | $892.00M | $912.00M | $798.00M | $734.00M | $736.00M | $757.00M |
| Depreciation and Amortization | $2.55B | $2.29B | $2.15B | $2.12B | $2.35B | $2.33B | $1.86B | $1.92B | $1.77B | $1.86B |
| EBITDA | $6.67B | $9.14B | $8.63B | $7.76B | $10.16B | $9.38B | $9.35B | $8.64B | $7.06B | $4.18B |
| EBITDA Ratio | 21.25% | 30.13% | 30.03% | 25.75% | 24.88% | 30.01% | 23.87% | 23.67% | 16.26% | 51.42% |
| Operating Income | $4.02B | $6.75B | $6.43B | $6.20B | $7.78B | $6.96B | $5.48B | $4.09B | $2.60B | $10.32B |
| Operating Income Ratio | 12.82% | 22.24% | 21.94% | 18.18% | 22.82% | 20.62% | 17.79% | 13.54% | 9.32% | 43.15% |
| Total Other Income Expenses Net | $-544.00M | $-681.00M | $-805.00M | $-758.00M | $956.00M | $-740.00M | $-683.00M | $-562.00M | $-659.00M | $204.00M |
| Income Before Tax | $3.48B | $6.06B | $5.63B | $5.44B | $6.97B | $6.22B | $4.80B | $3.52B | $1.94B | $10.53B |
| Income Before Tax Ratio | 11.08% | 19.99% | 19.19% | 15.95% | 20.43% | 18.43% | 15.57% | 11.68% | 6.95% | 44.00% |
| Income Tax Expense | $526.00M | $756.00M | $707.00M | $346.00M | $580.00M | $953.00M | $754.00M | $1.36B | $877.00M | $2.15B |
| Net Income | $2.58B | $4.93B | $4.92B | $4.38B | $5.75B | $4.64B | $3.62B | $1.53B | $912.00M | $8.42B |
| Net Income Ratio | 8.21% | 16.25% | 16.78% | 12.85% | 16.86% | 13.76% | 11.75% | 5.08% | 3.27% | 35.20% |
| EPS | $0.63 | $1.22 | $1.22 | $1.37 | $1.44 | $1.17 | $0.92 | $0.39 | $0.24 | $2.18 |
| EPS Diluted | $0.62 | $1.20 | $1.20 | $1.35 | $1.43 | $1.16 | $0.91 | $0.39 | $0.23 | $2.15 |
| Weighted Average Shares Outstanding | 4.08B | 4.05B | 4.03B | 3.20B | 3.98B | 3.96B | 3.93B | 3.91B | 3.89B | 3.86B |
| Weighted Average Shares Outstanding Diluted | 4.14B | 4.11B | 4.08B | 3.24B | 4.03B | 4.01B | 3.98B | 3.95B | 3.93B | 3.91B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $3.69B | $2.94B | $3.72B | $4.27B | $6.29B | $4.71B | $3.87B | $3.83B | $4.90B | $5.83B |
| Short Term Investments | $21.00M | $2.25B | $4.15B | $61.00M | $78.00M | $79.00M | $84.00M | $78.00M | $89.00M | $75.00M |
| Cash and Short Term Investments | $3.71B | $5.69B | $7.88B | $4.33B | $6.37B | $4.79B | $3.96B | $3.91B | $4.99B | $5.91B |
| Net Receivables | $- | $5.91B | $5.45B | $6.25B | $5.55B | $5.49B | $6.32B | $4.67B | $4.62B | $5.49B |
| Inventory | $5.67B | $5.50B | $5.15B | $5.78B | $6.00B | $5.95B | $5.48B | $5.56B | $5.10B | $4.72B |
| Other Current Assets | $7.61B | $1.55B | $1.45B | $1.68B | $1.87B | $2.21B | $1.17B | $1.70B | $1.88B | $2.02B |
| Total Current Assets | $17.00B | $18.64B | $20.77B | $18.67B | $20.25B | $19.49B | $16.93B | $15.91B | $16.71B | $16.59B |
| Property Plant Equipment Net | $10.07B | $9.96B | $9.62B | $10.67B | $11.01B | $11.31B | $11.06B | $10.86B | $10.81B | $9.67B |
| Goodwill | $6.98B | $6.81B | $7.05B | $10.55B | $10.60B | $10.56B | $5.79B | $5.73B | $5.96B | $5.16B |
| Intangible Assets | $15.52B | $14.77B | $14.32B | $30.08B | $29.82B | $30.95B | $17.20B | $17.56B | $18.78B | $16.67B |
| Goodwill and Intangible Assets | $22.50B | $21.58B | $21.36B | $40.63B | $40.42B | $41.52B | $22.99B | $23.30B | $24.74B | $21.83B |
| Long Term Investments | $1.21B | $2.14B | $-2.61B | $2.15B | $3.35B | $2.07B | $1.47B | $1.02B | $1.16B | $1.39B |
| Tax Assets | $6.76B | $6.05B | $5.66B | $5.22B | $4.29B | $4.10B | $3.89B | $3.80B | $4.37B | $2.90B |
| Other Non-Current Assets | $1.93B | $634.00M | $5.35B | $1.75B | $1.12B | $1.20B | $1.73B | $1.50B | $1.29B | $1.06B |
| Total Non-Current Assets | $42.47B | $40.36B | $39.38B | $60.43B | $60.18B | $60.20B | $41.14B | $40.47B | $42.37B | $36.86B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $59.46B | $59.01B | $60.15B | $79.10B | $80.43B | $79.69B | $58.07B | $56.38B | $59.08B | $53.45B |
| Account Payables | $3.46B | $3.72B | $3.87B | $4.54B | $4.36B | $4.14B | $3.65B | $3.53B | $3.60B | $3.12B |
| Short Term Debt | $2.35B | $2.81B | $3.95B | $3.60B | $3.73B | $6.92B | $5.79B | $2.83B | $4.13B | $1.31B |
| Tax Payables | $703.00M | $500.00M | $471.00M | $489.00M | $545.00M | $629.00M | $965.00M | $995.00M | $1.30B | $1.42B |
| Deferred Revenue | $- | $222.00M | $299.00M | $1.56B | $1.82B | $1.44B | $1.82B | $1.70B | $2.35B | $-6.07B |
| Other Current Liabilities | $15.18B | $13.82B | $14.22B | $14.74B | $13.16B | $12.20B | $11.87B | $18.98B | $9.81B | $7.50B |
| Total Current Liabilities | $21.70B | $21.07B | $22.81B | $23.67B | $22.15B | $24.05B | $22.49B | $26.57B | $19.00B | $13.42B |
| Long Term Debt | $14.64B | $15.21B | $17.04B | $20.57B | $23.43B | $23.59B | $20.27B | $14.26B | $14.66B | $15.32B |
| Deferred Revenue Non-Current | $165.00M | $254.00M | $83.00M | $85.00M | $21.00M | $24.00M | $19.00M | $4.59B | $4.74B | $3.65B |
| Deferred Tax Liabilities Non-Current | $382.00M | $311.00M | $289.00M | $3.56B | $3.60B | $3.81B | $1.16B | $1.40B | $1.93B | $1.52B |
| Other Non-Current Liabilities | $9.50B | $9.37B | $9.83B | $9.88B | $10.43B | $9.86B | $10.46B | $10.56B | $18.46B | $14.24B |
| Total Non-Current Liabilities | $24.68B | $25.14B | $27.24B | $34.09B | $37.48B | $37.28B | $31.90B | $26.32B | $35.12B | $31.15B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $46.38B | $46.21B | $50.05B | $57.76B | $59.62B | $61.34B | $54.39B | $52.89B | $54.12B | $44.57B |
| Preferred Stock | $- | $- | $48.00M | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $1.35B | $1.35B | $1.35B | $1.35B | $1.35B | $1.35B | $1.34B | $1.34B | $1.34B | $1.34B |
| Retained Earnings | $7.80B | $7.24B | $4.36B | $7.94B | $6.75B | $5.11B | $-2.14B | $-6.48B | $-5.39B | $-1.40B |
| Accumulated Other Comprehensive Income Loss | $- | $1.60B | $-48.00M | $642.00M | $1.55B | $641.00M | $373.00M | $598.00M | $657.00M | $1.58B |
| Other Total Stockholders Equity | $4.53B | $3.16B | $3.70B | $3.27B | $3.09B | $3.04B | $2.35B | $4.47B | $2.67B | $2.76B |
| Total Stockholders Equity | $13.67B | $13.35B | $10.60B | $15.05B | $14.59B | $11.98B | $4.36B | $-68.00M | $1.12B | $5.11B |
| Total Equity | $13.09B | $12.79B | $10.10B | $21.34B | $20.81B | $18.36B | $3.67B | $3.49B | $4.96B | $8.88B |
| Total Liabilities and Stockholders Equity | $59.46B | $59.01B | $60.15B | $79.10B | $80.43B | $79.69B | $58.07B | $56.38B | $59.08B | $53.45B |
| Minority Interest | $-585.00M | $-552.00M | $-502.00M | $6.29B | $6.22B | $6.37B | $-688.00M | $3.56B | $3.84B | $3.76B |
| Total Liabilities and Total Equity | $59.46B | $59.01B | $60.15B | $79.10B | $80.43B | $79.69B | $58.07B | $56.38B | $59.08B | $53.45B |
| Total Investments | $1.23B | $4.39B | $1.54B | $2.21B | $3.42B | $2.15B | $1.56B | $1.10B | $1.25B | $1.46B |
| Total Debt | $16.99B | $18.02B | $20.99B | $24.17B | $27.15B | $30.51B | $26.06B | $17.09B | $18.79B | $16.63B |
| Net Debt | $13.29B | $15.08B | $17.26B | $19.90B | $20.86B | $25.80B | $22.19B | $13.26B | $13.89B | $10.80B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $2.95B | $4.93B | $4.92B | $5.10B | $6.39B | $5.27B | $4.05B | $2.17B | $1.06B | $8.37B |
| Depreciation and Amortization | $2.55B | $2.29B | $2.30B | $2.52B | $624.00M | $3.00B | $1.76B | $2.98B | $1.86B | $1.86B |
| Deferred Income Tax | $- | $-865.00M | $-784.00M | $-318.00M | $80.00M | $-1.95B | $1.78B | $1.50B | $2.61B | $-8.71B |
| Stock Based Compensation | $344.00M | $307.00M | $346.00M | $343.00M | $337.00M | $365.00M | $360.00M | $333.00M | $319.00M | $368.00M |
| Change in Working Capital | $2.09B | $-841.00M | $271.00M | $-473.00M | $120.00M | $531.00M | $-247.00M | $-737.00M | $-22.00M | $27.00M |
| Accounts Receivables | $340.00M | $-649.00M | $-616.00M | $-1.16B | $-383.00M | $-192.00M | $-411.00M | $-213.00M | $193.00M | $98.00M |
| Inventory | $-294.00M | $-424.00M | $-269.00M | $25.00M | $119.00M | $300.00M | $51.00M | $-461.00M | $70.00M | $-111.00M |
| Accounts Payables | $- | $-15.00M | $494.00M | $229.00M | $225.00M | $263.00M | $131.00M | $11.00M | $96.00M | $- |
| Other Working Capital | $2.04B | $247.00M | $662.00M | $435.00M | $159.00M | $160.00M | $-298.00M | $-276.00M | $-92.00M | $138.00M |
| Other Non Cash Items | $-1.38B | $945.00M | $351.00M | $756.00M | $848.00M | $814.00M | $717.00M | $669.00M | $664.00M | $653.00M |
| Net Cash Provided by Operating Activities | $6.55B | $6.77B | $7.40B | $7.95B | $8.44B | $8.02B | $8.42B | $6.92B | $6.50B | $2.57B |
| Investments in Property Plant and Equipment | $-1.40B | $-1.31B | $-2.26B | $-2.93B | $-2.24B | $-2.16B | $-1.80B | $-2.20B | $-2.35B | $-1.90B |
| Acquisitions Net | $1.37B | $-1.47B | $-3.14B | $185.00M | $3.01B | $-3.78B | $-292.00M | $356.00M | $592.00M | $7.53B |
| Purchases of Investments | $- | $-123.00M | $-144.00M | $1.76B | $-1.00M | $-258.00M | $-309.00M | $4.00M | $-928.00M | $-2.00M |
| Sales Maturities of Investments | $21.00M | $72.00M | $1.00M | $18.00M | $3.27B | $1.00M | $-452.00M | $4.00M | $683.00M | $357.00M |
| Other Investing Activities | $-1.22B | $1.24B | $-3.23B | $-808.00M | $-1.88B | $846.00M | $1.30B | $395.00M | $736.00M | $55.00M |
| Net Cash Used for Investing Activities | $-1.23B | $-1.59B | $-8.77B | $-1.78B | $2.16B | $-5.35B | $-1.55B | $-1.44B | $-1.27B | $6.04B |
| Debt Repayment | $-1.17B | $-2.37B | $-771.00M | $-2.00B | $-4.01B | $3.73B | $8.15B | $-990.00M | $-18.00M | $-2.40B |
| Common Stock Issued | $20.00M | $10.00M | $25.00M | $21.00M | $29.00M | $51.00M | $74.00M | $56.00M | $89.00M | $73.00M |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $-65.00M | $-74.00M | $-99.00M |
| Dividends Paid | $-2.44B | $-2.25B | $-3.47B | $-4.00B | $-3.98B | $-3.95B | $-3.93B | $-3.91B | $-4.85B | $-3.87B |
| Other Financing Activities | $-1.14B | $-1.03B | $5.06B | $-1.61B | $-2.18B | $-1.67B | $-10.69B | $-1.48B | $-1.54B | $-800.00M |
| Net Cash Used Provided by Financing Activities | $-4.73B | $-5.64B | $823.00M | $-7.59B | $-10.13B | $-1.84B | $-6.39B | $-6.38B | $-6.39B | $-7.10B |
| Effect of Forex Changes on Cash | $-54.00M | $-99.00M | $152.00M | $-29.00M | $-39.00M | $-82.00M | $8.00M | $-100.00M | $283.00M | $-45.00M |
| Net Change in Cash | $545.00M | $-567.00M | $-394.00M | $-1.44B | $431.00M | $744.00M | $487.00M | $-1.00B | $-881.00M | $1.46B |
| Cash at End of Period | $3.40B | $2.86B | $3.42B | $3.82B | $5.26B | $4.83B | $4.09B | $3.60B | $4.61B | $5.49B |
| Cash at Beginning of Period | $2.86B | $3.42B | $3.82B | $5.26B | $4.83B | $4.09B | $3.60B | $4.61B | $5.49B | $4.03B |
| Operating Cash Flow | $6.55B | $6.77B | $7.40B | $7.95B | $8.44B | $8.02B | $8.42B | $6.92B | $6.50B | $2.57B |
| Capital Expenditure | $-2.98B | $-2.34B | $-2.26B | $-2.93B | $-2.24B | $-2.16B | $-1.80B | $-2.20B | $-2.35B | $-1.90B |
| Free Cash Flow | $3.57B | $4.42B | $5.14B | $5.02B | $6.20B | $5.86B | $6.62B | $4.72B | $4.14B | $668.00M |