Hera S.p.A (HER.MI) Financial Statements
Price: $3.93
Market Cap: $5.66B
Avg Volume: 2.99M
Market Cap: $5.66B
Avg Volume: 2.99M
Country: IT
Industry: Diversified Utilities
Sector: Utilities
Industry: Diversified Utilities
Sector: Utilities
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 Hera S.p.A.
Income Statement
| Breakdown | 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 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.98B | $19.87B | $10.56B | $7.08B | $6.91B | $6.12B | $5.61B | $4.45B | $4.48B | $4.19B |
| Cost of Revenue | $10.95B | $18.54B | $9.07B | $5.79B | $5.74B | $4.97B | $4.51B | $3.32B | $3.35B | $3.07B |
| Gross Profit | $4.03B | $1.33B | $1.48B | $1.29B | $1.17B | $1.15B | $1.10B | $1.12B | $1.14B | $1.12B |
| Gross Profit Ratio | 26.92% | 6.69% | 14.00% | 18.17% | 16.99% | 18.84% | 19.60% | 25.28% | 25.38% | 26.64% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $4.06M |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $76.50M | $4.30M | $4.50M | $5.00M | $3.04M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $7.70M | $7.00M | $5.96M |
| Selling General and Administrative Expenses | $- | $2.10B | $2.36B | $2.34B | $2.38B | $76.50M | $4.30M | $12.20M | $12.00M | $9.00M |
| Other Expenses | $3.16B | $785.10M | $856.70M | $727.90M | $624.50M | $559.40M | $-60.70M | $-46.30M | $-45.00M | $2.39M |
| Operating Expenses | $3.16B | $785.10M | $856.70M | $727.90M | $624.50M | $635.90M | $602.50M | $642.50M | $676.00M | $667.88M |
| Cost and Expenses | $14.14B | $19.33B | $9.93B | $6.52B | $6.36B | $5.60B | $5.12B | $3.97B | $4.02B | $3.74B |
| Interest Income | $37.20M | $12.50M | $28.10M | $28.30M | $38.40M | $25.00M | $49.30M | $53.50M | $58.00M | $115.71M |
| Interest Expense | $196.80M | $115.40M | $111.70M | $155.80M | $120.50M | $117.90M | $117.90M | $173.00M | $176.00M | $190.12M |
| Depreciation and Amortization | $519.30M | $477.20M | $463.40M | $455.60M | $428.70M | $385.50M | $369.90M | $346.20M | $338.00M | $339.15M |
| EBITDA | $1.36B | $1.01B | $1.02B | $971.70M | $1.06B | $902.40M | $853.20M | $818.90M | $821.60M | $824.00M |
| EBITDA Ratio | 9.10% | 5.02% | 9.79% | 15.09% | 14.80% | 15.46% | 17.18% | 20.35% | 19.21% | 21.33% |
| Operating Income | $834.00M | $533.80M | $611.70M | $551.30M | $542.50M | $510.10M | $460.90M | $457.10M | $442.00M | $441.24M |
| Operating Income Ratio | 5.57% | 2.69% | 5.80% | 7.79% | 7.85% | 8.34% | 8.21% | 10.28% | 9.86% | 10.53% |
| Total Other Income Expenses Net | $-177.60M | $-125.00M | $-204.80M | $-116.70M | $-14.40M | $-91.70M | $-101.50M | $-117.40M | $-134.30M | $-146.00M |
| Income Before Tax | $656.40M | $408.80M | $406.90M | $434.60M | $528.10M | $418.40M | $359.40M | $339.70M | $308.00M | $295.06M |
| Income Before Tax Ratio | 4.38% | 2.06% | 3.85% | 6.14% | 7.64% | 6.84% | 6.40% | 7.64% | 6.87% | 7.04% |
| Income Tax Expense | $173.20M | $103.50M | $34.20M | $111.80M | $126.10M | $121.80M | $92.60M | $119.30M | $114.00M | $112.66M |
| Net Income | $441.40M | $255.20M | $333.50M | $302.70M | $385.70M | $281.90M | $251.40M | $207.30M | $180.00M | $164.77M |
| Net Income Ratio | 2.95% | 1.28% | 3.16% | 4.28% | 5.58% | 4.61% | 4.48% | 4.66% | 4.02% | 3.93% |
| EPS | $0.31 | $0.18 | $0.23 | $0.21 | $0.26 | $0.19 | $0.17 | $0.14 | $0.12 | $0.11 |
| EPS Diluted | $0.31 | $0.18 | $0.23 | $0.21 | $0.26 | $0.19 | $0.17 | $0.14 | $0.12 | $0.11 |
| Weighted Average Shares Outstanding | 1.45B | 1.45B | 1.46B | 1.47B | 1.47B | 1.47B | 1.47B | 1.47B | 1.47B | 1.44B |
| Weighted Average Shares Outstanding Diluted | 1.45B | 1.45B | 1.46B | 1.47B | 1.47B | 1.47B | 1.47B | 1.47B | 1.47B | 1.44B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | 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 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.33B | $1.94B | $885.60M | $987.10M | $364.00M | $535.50M | $450.50M | $351.50M | $541.00M | $834.50M |
| Short Term Investments | $65.90M | $40.90M | $46.90M | $150.60M | $83.20M | $55.20M | $104.90M | $73.40M | $73.00M | $81.15M |
| Cash and Short Term Investments | $1.40B | $1.98B | $932.50M | $1.14B | $447.20M | $590.70M | $555.40M | $424.90M | $614.00M | $915.65M |
| Net Receivables | $3.59B | $3.88B | $2.93B | $1.97B | $2.38B | $1.84B | $1.95B | $1.65B | $1.53B | $1.46B |
| Inventory | $631.60M | $995.10M | $368.00M | $171.70M | $176.50M | $157.30M | $121.20M | $104.50M | $116.00M | $119.86M |
| Other Current Assets | $956.10M | $2.26B | $2.13B | $437.90M | $464.00M | $394.70M | $332.80M | $299.10M | $222.90M | $1.75B |
| Total Current Assets | $6.64B | $9.20B | $6.44B | $3.78B | $3.19B | $3.00B | $2.77B | $2.47B | $2.49B | $2.78B |
| Property Plant Equipment Net | $2.15B | $2.07B | $2.04B | $2.02B | $2.09B | $2.00B | $2.01B | $2.02B | $2.03B | $2.06B |
| Goodwill | $908.70M | $848.10M | $842.90M | $812.80M | $812.90M | $381.30M | $384.10M | $375.70M | $378.00M | $378.56M |
| Intangible Assets | $4.72B | $4.42B | $4.13B | $3.92B | $3.78B | $3.25B | $3.13B | $2.97B | $2.90B | $2.80B |
| Goodwill and Intangible Assets | $5.63B | $5.27B | $4.97B | $4.74B | $4.59B | $3.64B | $3.51B | $3.34B | $3.27B | $3.18B |
| Long Term Investments | $197.90M | $151.40M | $153.50M | $39.20M | $62.80M | $96.40M | $46.40M | $77.50M | $87.00M | $73.53M |
| Tax Assets | $- | $240.40M | $229.40M | $156.60M | $174.80M | $159.20M | $150.50M | $80.30M | $73.00M | $68.10M |
| Other Non-Current Assets | $465.00M | $193.70M | $196.70M | $306.20M | $259.70M | $219.00M | $296.30M | $293.50M | $307.00M | $270.32M |
| Total Non-Current Assets | $8.44B | $7.92B | $7.59B | $7.26B | $7.18B | $6.11B | $6.02B | $5.81B | $5.77B | $5.65B |
| Other Assets | $- | $- | $- | $- | $-200.00K | $- | $- | $- | $- | $-1.00K |
| Total Assets | $15.08B | $17.12B | $14.03B | $11.03B | $10.36B | $9.11B | $8.79B | $8.29B | $8.26B | $8.43B |
| Account Payables | $2.64B | $3.09B | $2.36B | $1.50B | $1.39B | $1.36B | $716.80M | $598.60M | $531.60M | $609.00M |
| Short Term Debt | $936.90M | $669.70M | $543.10M | $639.70M | $324.90M | $614.40M | $279.60M | $182.30M | $484.30M | $552.00M |
| Tax Payables | $110.20M | $100.10M | $182.90M | $58.20M | $118.70M | $37.50M | $51.60M | $31.60M | $37.00M | $54.09M |
| Deferred Revenue | $1.79B | $- | $5.02B | $1.21B | $1.30B | $37.50M | $1.47B | $1.38B | $1.24B | $1.14B |
| Other Current Liabilities | $513.70M | $2.99B | $2.98B | $1.14B | $1.15B | $898.90M | $1.49B | $1.36B | $1.19B | $1.09B |
| Total Current Liabilities | $5.99B | $6.85B | $6.07B | $3.33B | $2.99B | $2.91B | $2.53B | $2.18B | $2.24B | $2.30B |
| Long Term Debt | $4.13B | $5.23B | $3.78B | $3.77B | $3.56B | $2.72B | $2.93B | $2.93B | $2.98B | $3.16B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $156.90M | $215.70M | $132.10M | $120.50M | $154.50M | $43.10M | $45.50M | $27.20M | $24.00M | $15.08M |
| Other Non-Current Liabilities | $1.06B | $1.18B | $765.50M | $775.40M | $803.60M | $631.20M | $620.30M | $592.50M | $597.80M | $499.47M |
| Total Non-Current Liabilities | $5.34B | $6.62B | $4.55B | $4.55B | $4.36B | $3.35B | $3.55B | $3.55B | $3.52B | $3.67B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $11.33B | $13.47B | $10.61B | $7.88B | $7.35B | $6.26B | $6.08B | $5.72B | $5.75B | $5.97B |
| Preferred Stock | $- | $- | $- | $32.70M | $71.70M | $13.30M | $27.60M | $- | $26.00M | $- |
| Common Stock | $1.44B | $1.45B | $1.46B | $1.46B | $1.47B | $1.47B | $1.47B | $1.47B | $1.47B | $1.47B |
| Retained Earnings | $441.40M | $255.20M | $333.50M | $302.70M | $385.70M | $281.90M | $251.40M | $207.30M | $180.00M | $164.77M |
| Accumulated Other Comprehensive Income Loss | $- | $1.99B | $1.74B | $-32.70M | $-71.70M | $-13.30M | $-27.60M | $919.90M | $-26.00M | $676.00M |
| Other Total Stockholders Equity | $1.55B | $1.69B | $-333.50M | $-32.70M | $-71.70M | $-13.30M | $-27.60M | $- | $-762.70M | $-12.46M |
| Total Stockholders Equity | $3.44B | $3.40B | $3.20B | $2.96B | $2.81B | $2.66B | $2.55B | $2.42B | $2.36B | $2.31B |
| Total Equity | $3.75B | $3.64B | $3.42B | $3.16B | $3.01B | $2.85B | $2.71B | $2.56B | $2.50B | $2.46B |
| Total Liabilities and Stockholders Equity | $15.08B | $17.12B | $14.03B | $11.03B | $10.36B | $9.11B | $8.79B | $8.29B | $8.26B | $8.43B |
| Minority Interest | $313.40M | $246.30M | $216.60M | $194.50M | $201.50M | $186.00M | $160.80M | $144.20M | $145.00M | $148.06M |
| Total Liabilities and Total Equity | $15.08B | $17.12B | $14.03B | $11.03B | $10.36B | $9.11B | $8.79B | $8.29B | $8.26B | $8.43B |
| Total Investments | $197.60M | $192.30M | $200.40M | $189.80M | $146.00M | $151.60M | $151.30M | $150.90M | $160.00M | $154.69M |
| Total Debt | $4.73B | $5.68B | $3.35B | $3.72B | $3.18B | $3.23B | $3.14B | $3.07B | $3.35B | $3.60B |
| Net Debt | $3.39B | $3.74B | $2.46B | $2.73B | $2.82B | $2.69B | $2.69B | $2.72B | $2.81B | $2.76B |
Cash Flow Statement
| Breakdown | 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 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $441.40M | $408.80M | $406.90M | $434.60M | $528.10M | $418.40M | $359.40M | $339.70M | $308.00M | $295.06M |
| Depreciation and Amortization | $519.50M | $477.10M | $469.90M | $457.10M | $433.70M | $391.50M | $383.50M | $346.10M | $338.00M | $339.15M |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $229.20M | $-927.60M | $47.80M | $37.80M | $-141.80M | $-133.40M | $-21.00M | $-10.80M | $-63.00M | $-128.56M |
| Accounts Receivables | $-81.90M | $-1.28B | $-893.80M | $4.80M | $-162.50M | $-183.30M | $-205.70M | $-199.80M | $-125.00M | $-120.00M |
| Inventory | $395.10M | $-627.40M | $-196.70M | $-3.80M | $-17.90M | $-36.00M | $-7.80M | $10.70M | $4.00M | $-4.45M |
| Accounts Payables | $-513.70M | $727.80M | $858.50M | $101.90M | $-65.00M | $-38.50M | $99.70M | $141.70M | $-76.00M | $- |
| Other Working Capital | $429.70M | $252.70M | $279.80M | $-65.10M | $103.60M | $-97.40M | $-13.20M | $-21.50M | $-67.00M | $-124.11M |
| Other Non Cash Items | $382.60M | $77.40M | $120.80M | $-38.10M | $-90.30M | $-55.00M | $32.90M | $-11.90M | $-26.00M | $1.67M |
| Net Cash Provided by Operating Activities | $1.57B | $35.70M | $1.05B | $891.40M | $729.70M | $621.50M | $754.80M | $663.10M | $557.00M | $507.33M |
| Investments in Property Plant and Equipment | $-815.80M | $-709.50M | $-588.70M | $-506.40M | $-533.20M | $-464.40M | $-440.50M | $-384.40M | $-346.00M | $-329.47M |
| Acquisitions Net | $-76.20M | $-53.30M | $-74.90M | $-48.60M | $-195.70M | $-10.10M | $-116.30M | $-19.00M | $-67.00M | $-12.95M |
| Purchases of Investments | $- | $-3.20M | $-11.00M | $-362.20M | $-364.30M | $305.20M | $-282.40M | $-230.70M | $-229.00M | $-210.39M |
| Sales Maturities of Investments | $- | $3.20M | $11.00M | $2.00M | $168.20M | $15.90M | $200.00K | $400.00K | $1.00M | $4.38M |
| Other Investing Activities | $34.60M | $4.40M | $1.00M | $396.60M | $337.90M | $-284.20M | $-292.40M | $-225.40M | $-251.00M | $-198.23M |
| Net Cash Used for Investing Activities | $-857.40M | $-758.40M | $-662.60M | $-518.60M | $-587.10M | $-437.60M | $-558.80M | $-377.20M | $-427.00M | $-317.44M |
| Debt Repayment | $614.90M | $2.13B | $-247.60M | $491.70M | $-181.70M | $87.40M | $29.90M | $-317.00M | $-264.00M | $-121.00M |
| Common Stock Issued | $- | $- | $- | $- | $31.30M | $- | $15.40M | $- | $19.10M | $- |
| Common Stock Repurchased | $-19.70M | $- | $-200.00K | $-56.00M | $- | $-23.10M | $- | $-13.40M | $- | $-19.35M |
| Dividends Paid | $-239.10M | $-219.50M | $-175.40M | $-147.30M | $-150.10M | $-151.40M | $-140.90M | $-145.40M | $-145.00M | $-137.39M |
| Other Financing Activities | $-1.68B | $-101.30M | $-43.50M | $-39.30M | $17.70M | $-11.80M | $14.00M | $-200.00K | $-14.00M | $-4.61M |
| Net Cash Used Provided by Financing Activities | $-1.32B | $1.78B | $-484.30M | $250.30M | $-314.10M | $-98.90M | $-97.00M | $-476.00M | $-423.00M | $-282.32M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-609.60M | $1.06B | $-101.50M | $623.10M | $-171.50M | $85.00M | $99.00M | $-190.10M | $-293.00M | $-92.44M |
| Cash at End of Period | $1.33B | $1.94B | $885.60M | $987.10M | $364.00M | $535.50M | $450.50M | $351.50M | $541.00M | $834.50M |
| Cash at Beginning of Period | $1.94B | $885.60M | $987.10M | $364.00M | $535.50M | $450.50M | $351.50M | $541.60M | $834.00M | $926.93M |
| Operating Cash Flow | $1.57B | $35.70M | $1.05B | $891.40M | $729.70M | $621.50M | $754.80M | $663.10M | $557.00M | $507.33M |
| Capital Expenditure | $-815.80M | $-709.50M | $-588.70M | $-506.40M | $-533.20M | $-464.40M | $-440.50M | $-384.40M | $-346.00M | $-329.47M |
| Free Cash Flow | $756.90M | $-673.80M | $456.70M | $385.00M | $196.50M | $157.10M | $314.30M | $278.70M | $211.00M | $177.86M |