Leonardo S.p.a (LDO.MI) Financial Statements
Price: $45.89
Market Cap: $26.45B
Avg Volume: 5.05M
Market Cap: $26.45B
Avg Volume: 5.05M
Country: IT
Industry: Aerospace & Defense
Sector: Industrials
Industry: Aerospace & Defense
Sector: Industrials
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 Leonardo S.p.a.
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 | $17.76B | $15.29B | $14.71B | $14.13B | $13.41B | $13.78B | $12.24B | $11.73B | $12.00B | $12.99B |
| Cost of Revenue | $15.75B | $13.64B | $13.49B | $13.08B | $12.38B | $12.58B | $11.16B | $10.48B | $10.94B | $11.61B |
| Gross Profit | $2.02B | $1.65B | $1.22B | $1.05B | $1.03B | $1.20B | $1.08B | $1.25B | $1.06B | $1.39B |
| Gross Profit Ratio | 11.35% | 10.79% | 8.28% | 7.40% | 7.70% | 8.71% | 8.86% | 10.65% | 8.82% | 10.70% |
| Research and Development Expenses | $- | $177.00M | $164.00M | $149.00M | $136.00M | $131.00M | $171.00M | $164.00M | $175.00M | $179.00M |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $- | $-177.00M | $-15.00M | $23.00M | $-10.00M | $-10.00M | $102.00M | $588.00M | $116.00M | $178.00M |
| Other Expenses | $2.02B | $1.65B | $-210.00M | $-54.00M | $-261.00M | $-123.00M | $567.00M | $139.00M | $6.00M | $647.00M |
| Operating Expenses | $2.02B | $1.65B | $359.00M | $226.00M | $387.00M | $244.00M | $567.00M | $613.00M | $285.00M | $647.00M |
| Cost and Expenses | $17.76B | $15.29B | $13.85B | $13.31B | $12.77B | $12.83B | $11.72B | $11.10B | $11.23B | $12.25B |
| Interest Income | $53.00M | $33.00M | $5.00M | $1.00M | $4.00M | $4.00M | $7.00M | $247.00M | $255.00M | $10.00M |
| Interest Expense | $141.00M | $317.00M | $268.00M | $195.00M | $234.00M | $193.00M | $189.00M | $438.00M | $476.00M | $294.00M |
| Depreciation and Amortization | $663.00M | $569.00M | $551.00M | $485.00M | $513.00M | $537.00M | $499.00M | $566.00M | $700.00M | $784.00M |
| EBITDA | $2.25B | $1.54B | $1.66B | $1.29B | $974.00M | $1.51B | $1.04B | $1.14B | $1.54B | $1.54B |
| EBITDA Ratio | 12.67% | 10.07% | 9.58% | 9.28% | 8.64% | 10.84% | 10.92% | 10.25% | 12.27% | 12.53% |
| Operating Income | $- | $1.00B | $859.00M | $827.00M | $645.00M | $957.00M | $517.00M | $637.00M | $773.00M | $462.00M |
| Operating Income Ratio | 0.00% | 6.56% | 5.84% | 5.85% | 4.81% | 6.94% | 4.22% | 5.43% | 6.44% | 3.56% |
| Total Other Income Expenses Net | $1.45B | $-179.00M | $-18.00M | $-212.00M | $-418.00M | $-271.00M | $-32.00M | $-466.00M | $-300.00M | $- |
| Income Before Tax | $1.45B | $824.00M | $841.00M | $615.00M | $227.00M | $686.00M | $485.00M | $135.00M | $365.00M | $462.00M |
| Income Before Tax Ratio | 8.14% | 5.39% | 5.72% | 4.35% | 1.69% | 4.98% | 3.96% | 1.15% | 3.04% | 3.56% |
| Income Tax Expense | $289.00M | $129.00M | $51.00M | $166.00M | $12.00M | $147.00M | $64.00M | $129.00M | $158.00M | $193.00M |
| Net Income | $1.07B | $658.00M | $927.00M | $586.00M | $241.00M | $821.00M | $509.00M | $277.00M | $505.00M | $487.00M |
| Net Income Ratio | 6.05% | 4.30% | 6.30% | 4.15% | 1.80% | 5.96% | 4.16% | 2.36% | 4.21% | 3.75% |
| EPS | $1.87 | $1.14 | $1.61 | $1.02 | $0.42 | $1.43 | $0.89 | $0.48 | $0.88 | $0.84 |
| EPS Diluted | $1.87 | $1.14 | $1.61 | $1.02 | $0.42 | $1.43 | $0.89 | $0.48 | $0.88 | $0.84 |
| Weighted Average Shares Outstanding | 575.31M | 575.78M | 575.31M | 575.23M | 574.91M | 574.91M | 574.61M | 574.42M | 574.54M | 574.54M |
| Weighted Average Shares Outstanding Diluted | 575.31M | 575.31M | 575.31M | 575.23M | 574.91M | 574.91M | 574.61M | 574.42M | 574.54M | 574.54M |
| 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 | $2.56B | $2.41B | $1.51B | $2.48B | $2.21B | $1.96B | $2.05B | $1.89B | $2.17B | $1.77B |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $-511.00M | $3.00M | $303.00M | $-679.00M |
| Cash and Short Term Investments | $2.56B | $2.41B | $1.51B | $2.48B | $2.21B | $1.96B | $2.05B | $1.90B | $2.47B | $1.77B |
| Net Receivables | $- | $7.32B | $7.32B | $7.25B | $6.59B | $6.36B | $5.46B | $5.94B | $6.46B | $6.38B |
| Inventory | $5.66B | $5.69B | $5.34B | $5.49B | $5.88B | $5.82B | $3.66B | $4.74B | $4.01B | $3.79B |
| Other Current Assets | $9.99B | $977.00M | $435.00M | $333.00M | $434.00M | $319.00M | $7.96B | $369.00M | $241.00M | $1.60B |
| Total Current Assets | $18.20B | $16.40B | $14.60B | $15.55B | $15.12B | $14.46B | $13.67B | $12.94B | $13.19B | $13.55B |
| Property Plant Equipment Net | $3.41B | $3.11B | $2.90B | $2.65B | $2.54B | $2.61B | $2.17B | $2.23B | $2.38B | $2.63B |
| Goodwill | $4.54B | $3.90B | $3.92B | $3.84B | $3.63B | $3.83B | $3.73B | $3.68B | $3.82B | $3.99B |
| Intangible Assets | $4.19B | $3.67B | $7.41B | $7.08B | $6.65B | $6.76B | $2.86B | $772.00M | $934.00M | $3.02B |
| Goodwill and Intangible Assets | $8.73B | $7.57B | $11.34B | $10.91B | $10.28B | $10.59B | $6.59B | $4.45B | $4.76B | $7.01B |
| Long Term Investments | $- | $2.10B | $2.23B | $1.42B | $1.24B | $1.36B | $1.67B | $1.33B | $1.34B | $1.81B |
| Tax Assets | $1.10B | $1.21B | $1.13B | $1.03B | $1.09B | $1.10B | $1.21B | $1.14B | $1.23B | $1.16B |
| Other Non-Current Assets | $2.23B | $308.00M | $-3.62B | $-3.19B | $-3.19B | $-3.23B | $216.00M | $2.62B | $2.49B | $77.00M |
| Total Non-Current Assets | $15.47B | $14.29B | $13.98B | $12.83B | $11.96B | $12.43B | $11.85B | $11.77B | $12.20B | $12.69B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $33.67B | $30.69B | $28.58B | $28.38B | $27.07B | $26.89B | $25.52B | $24.71B | $25.39B | $26.24B |
| Account Payables | $3.76B | $3.27B | $3.05B | $3.37B | $3.62B | $3.79B | $3.03B | $2.96B | $2.84B | $3.34B |
| Short Term Debt | $2.33B | $2.04B | $1.08B | $1.57B | $958.00M | $243.00M | $1.19B | $1.42B | $1.27B | $217.00M |
| Tax Payables | $275.00M | $104.00M | $127.00M | $44.00M | $37.00M | $43.00M | $152.00M | $29.00M | $68.00M | $164.00M |
| Deferred Revenue | $- | $8.94B | $8.20B | $8.08B | $7.89B | $7.91B | $152.00M | $7.06B | $93.00M | $9.67B |
| Other Current Liabilities | $12.44B | $2.64B | $3.21B | $10.61B | $11.28B | $11.24B | $2.85B | $9.98B | $9.45B | $267.00M |
| Total Current Liabilities | $18.80B | $17.00B | $15.17B | $15.60B | $15.89B | $15.32B | $15.36B | $14.40B | $13.63B | $14.16B |
| Long Term Debt | $2.37B | $2.88B | $3.53B | $4.11B | $3.88B | $3.98B | $3.42B | $3.27B | $4.01B | $5.07B |
| Deferred Revenue Non-Current | $82.00M | $84.00M | $79.00M | $80.00M | $82.00M | $87.00M | $106.00M | $105.00M | $114.00M | $97.00M |
| Deferred Tax Liabilities Non-Current | $375.00M | $268.00M | $246.00M | $340.00M | $233.00M | $245.00M | $322.00M | $352.00M | $391.00M | $325.00M |
| Other Non-Current Liabilities | $1.84B | $1.90B | $1.51B | $1.41B | $1.68B | $1.60B | $1.80B | $1.95B | $2.37B | $3.29B |
| Total Non-Current Liabilities | $4.67B | $5.13B | $5.36B | $5.94B | $5.54B | $5.91B | $5.65B | $5.67B | $6.88B | $7.78B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $23.47B | $22.13B | $20.53B | $21.54B | $21.44B | $21.22B | $21.01B | $20.06B | $20.51B | $21.93B |
| Preferred Stock | $- | $- | $291.00M | $256.00M | $805.00M | $- | $- | $693.00M | $605.00M | $- |
| Common Stock | $2.51B | $2.52B | $2.50B | $2.50B | $2.50B | $2.50B | $2.50B | $2.49B | $2.49B | $2.52B |
| Retained Earnings | $- | $5.66B | $4.97B | $4.18B | $3.57B | $3.43B | $2.69B | $2.40B | $2.47B | $1.96B |
| Accumulated Other Comprehensive Income Loss | $- | $-359.00M | $-291.00M | $-256.00M | $-805.00M | $-600.00M | $-681.00M | $-693.00M | $-605.00M | $-202.00M |
| Other Total Stockholders Equity | $6.48B | $-26.00M | $-7.00M | $-7.00M | $-8.00M | $-29.00M | $- | $19.00M | $-15.00M | $-3.00M |
| Total Stockholders Equity | $8.99B | $7.80B | $7.18B | $6.43B | $5.27B | $5.32B | $4.50B | $4.20B | $4.36B | $4.28B |
| Total Equity | $10.20B | $8.56B | $7.70B | $6.46B | $5.28B | $5.33B | $4.51B | $4.21B | $4.37B | $4.30B |
| Total Liabilities and Stockholders Equity | $33.67B | $30.69B | $28.58B | $28.38B | $27.07B | $26.89B | $25.52B | $24.71B | $25.39B | $26.24B |
| Minority Interest | $1.21B | $761.00M | $516.00M | $27.00M | $11.00M | $11.00M | $11.00M | $14.00M | $16.00M | $22.00M |
| Total Liabilities and Total Equity | $33.67B | $30.69B | $28.58B | $28.38B | $27.07B | $26.89B | $25.52B | $24.71B | $25.39B | $26.24B |
| Total Investments | $1.90B | $2.10B | $2.23B | $1.42B | $1.24B | $1.36B | $1.16B | $1.33B | $1.64B | $1.13B |
| Total Debt | $4.70B | $4.93B | $4.61B | $5.67B | $5.70B | $5.01B | $3.88B | $4.68B | $5.28B | $4.79B |
| Net Debt | $2.14B | $2.52B | $3.10B | $3.19B | $3.49B | $3.04B | $1.83B | $2.79B | $3.11B | $3.02B |
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 | $1.16B | $658.00M | $927.00M | $586.00M | $239.00M | $721.00M | $510.00M | $277.00M | $505.00M | $527.00M |
| Depreciation and Amortization | $663.00M | $569.00M | $551.00M | $485.00M | $513.00M | $537.00M | $656.00M | $566.00M | $700.00M | $784.00M |
| Deferred Income Tax | $- | $- | $-97.00M | $91.00M | $-52.00M | $57.00M | $-26.00M | $57.00M | $24.00M | $- |
| Stock Based Compensation | $- | $- | $5.00M | $9.00M | $100.00K | $900.00K | $900.00K | $900.00K | $600.00K | $- |
| Change in Working Capital | $-394.00M | $-421.00M | $-504.00M | $-645.00M | $-1.08B | $-918.00M | $-761.00M | $-503.00M | $-574.00M | $-632.00M |
| Accounts Receivables | $- | $338.00M | $-446.00M | $-1.13B | $-489.00M | $-148.00M | $532.00M | $267.00M | $-414.00M | $-675.00M |
| Inventory | $-867.00M | $-387.00M | $207.00M | $488.00M | $-167.00M | $-380.00M | $-853.00M | $-313.00M | $185.00M | $38.00M |
| Accounts Payables | $- | $-338.00M | $711.00M | $1.13B | $914.00M | $148.00M | $-532.00M | $190.00M | $759.00M | $675.00M |
| Other Working Capital | $473.00M | $-34.00M | $-976.00M | $-1.14B | $-1.34B | $-538.00M | $92.00M | $-190.00M | $-759.00M | $5.00M |
| Other Non Cash Items | $113.00M | $380.00M | $407.90M | $287.10M | $655.90M | $1.70B | $307.10M | $1.77B | $1.39B | $-53.00M |
| Net Cash Provided by Operating Activities | $1.54B | $1.19B | $1.28B | $805.00M | $275.00M | $645.00M | $687.00M | $722.00M | $825.00M | $626.00M |
| Investments in Property Plant and Equipment | $-895.00M | $-782.00M | $-762.00M | $-615.00M | $-311.00M | $-594.00M | $-577.00M | $-483.00M | $-391.00M | $-597.00M |
| Acquisitions Net | $- | $13.00M | $16.00M | $19.00M | $18.00M | $17.00M | $24.00M | $3.00M | $31.00M | $790.00M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $142.00M | $507.00M | $-178.00M | $-8.00M | $-145.00M | $111.00M | $203.00M | $139.00M | $231.00M | $264.00M |
| Net Cash Used for Investing Activities | $-753.00M | $-262.00M | $-924.00M | $-604.00M | $-438.00M | $-466.00M | $-350.00M | $-341.00M | $-129.00M | $457.00M |
| Debt Repayment | $-638.00M | $71.00M | $-1.32B | $30.00M | $541.00M | $-181.00M | $-106.00M | $-520.00M | $-237.00M | $-532.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $-35.00M | $-3.00M |
| Dividends Paid | $-177.00M | $-81.00M | $-79.00M | $- | $-80.00M | $-80.00M | $-81.00M | $-81.00M | $- | $- |
| Other Financing Activities | $137.00M | $-2.00M | $-1.00M | $- | $-1.00M | $-1.00M | $- | $- | $-4.00M | $- |
| Net Cash Used Provided by Financing Activities | $-678.00M | $-12.00M | $-1.40B | $30.00M | $460.00M | $-262.00M | $-187.00M | $-601.00M | $-276.00M | $-535.00M |
| Effect of Forex Changes on Cash | $39.00M | $-16.00M | $73.00M | $35.00M | $-46.00M | $2.00M | $6.00M | $-54.00M | $-24.00M | $18.00M |
| Net Change in Cash | $149.00M | $896.00M | $-968.00M | $266.00M | $251.00M | $-87.00M | $156.00M | $-274.00M | $396.00M | $276.00M |
| Cash at End of Period | $2.56B | $2.41B | $1.51B | $2.48B | $2.21B | $1.96B | $2.05B | $1.89B | $2.17B | $1.77B |
| Cash at Beginning of Period | $2.41B | $1.51B | $2.48B | $2.21B | $1.96B | $2.05B | $1.89B | $2.17B | $1.77B | $1.50B |
| Operating Cash Flow | $1.54B | $1.19B | $1.28B | $805.00M | $275.00M | $645.00M | $687.00M | $722.00M | $825.00M | $626.00M |
| Capital Expenditure | $-895.00M | $-782.00M | $-762.00M | $-615.00M | $-311.00M | $-594.00M | $-577.00M | $-483.00M | $-391.00M | $-597.00M |
| Free Cash Flow | $646.00M | $404.00M | $523.00M | $190.00M | $-36.00M | $51.00M | $110.00M | $239.00M | $434.00M | $29.00M |