Maire Tecnimont S.p.A (MAIRE.MI) Financial Statements
Price: $8.645
Market Cap: $2.83B
Avg Volume: 722.87K
Market Cap: $2.83B
Avg Volume: 722.87K
Country: IT
Industry: Engineering & Construction
Sector: Industrials
Industry: Engineering & Construction
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 Maire Tecnimont 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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.86B | $4.23B | $3.42B | $2.84B | $2.57B | $3.30B | $3.61B | $3.50B | $2.41B |
| Cost of Revenue | $4.68B | $3.27B | $2.80B | $2.36B | $2.13B | $2.63B | $2.99B | $3.07B | $2.02B |
| Gross Profit | $1.18B | $960.68M | $623.61M | $481.83M | $443.31M | $668.32M | $625.65M | $431.02M | $388.49M |
| Gross Profit Ratio | 20.21% | 22.70% | 18.22% | 16.90% | 17.25% | 20.27% | 17.31% | 12.30% | 16.13% |
| Research and Development Expenses | $- | $10.78M | $9.40M | $9.10M | $8.00M | $6.80M | $5.70M | $5.40M | $5.00M |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $720.67M | $658.25M | $444.18M | $309.07M | $326.88M | $455.84M | $420.15M | $206.70M | $139.93M |
| Other Expenses | $142.32M | $75.11M | $34.00K | $72.00K | $71.00K | $-193.00K | $-84.00K | $-38.00K | $2.61M |
| Operating Expenses | $863.00M | $744.14M | $453.54M | $318.10M | $334.80M | $462.83M | $425.94M | $212.14M | $142.32M |
| Cost and Expenses | $5.54B | $4.02B | $3.25B | $2.68B | $2.46B | $3.09B | $3.41B | $3.28B | $2.16B |
| Interest Income | $- | $222.00K | $17.56M | $8.65M | $7.21M | $152.00K | $272.00K | $8.11M | $20.00K |
| Interest Expense | $- | $14.97M | $9.27M | $10.14M | $11.43M | $74.69M | $57.93M | $66.74M | $62.16M |
| Depreciation and Amortization | $30.46M | $55.70M | $48.16M | $41.18M | $42.22M | $43.55M | $19.34M | $6.67M | $5.75M |
| EBITDA | $313.15M | $257.73M | $257.56M | $227.96M | $205.99M | $288.72M | $247.68M | $258.78M | $201.72M |
| EBITDA Ratio | 5.34% | 6.09% | 6.37% | 7.20% | 5.87% | 7.55% | 6.06% | 6.44% | 10.46% |
| Operating Income | $321.61M | $216.54M | $170.07M | $163.73M | $108.50M | $205.49M | $199.71M | $218.89M | $246.17M |
| Operating Income Ratio | 5.49% | 5.12% | 4.97% | 5.76% | 4.22% | 6.23% | 5.53% | 6.25% | 10.22% |
| Total Other Income Expenses Net | $-10.28M | $-30.32M | $-28.89M | $-49.90M | $-44.86M | $-38.49M | $-27.00M | $-33.52M | $-18.74M |
| Income Before Tax | $311.32M | $186.22M | $126.94M | $116.28M | $77.85M | $170.48M | $170.41M | $185.37M | $133.81M |
| Income Before Tax Ratio | 5.31% | 4.40% | 3.71% | 4.09% | 3.03% | 5.17% | 4.72% | 5.29% | 5.55% |
| Income Tax Expense | $98.92M | $56.71M | $38.74M | $33.36M | $24.61M | $52.31M | $55.31M | $62.34M | $48.54M |
| Net Income | $198.68M | $125.36M | $89.89M | $83.30M | $57.80M | $112.98M | $110.58M | $118.65M | $74.37M |
| Net Income Ratio | 3.39% | 2.96% | 2.63% | 2.93% | 2.25% | 3.43% | 3.06% | 3.39% | 3.09% |
| EPS | $0.61 | $0.38 | $0.27 | $0.25 | $0.18 | $0.34 | $0.34 | $0.40 | $0.24 |
| EPS Diluted | $0.61 | $0.38 | $0.27 | $0.25 | $0.18 | $0.34 | $0.34 | $0.37 | $0.22 |
| Weighted Average Shares Outstanding | 328.40M | 328.52M | 328.53M | 328.44M | 328.64M | 328.64M | 328.64M | 295.77M | 305.53M |
| Weighted Average Shares Outstanding Diluted | 328.40M | 328.52M | 328.53M | 328.44M | 328.64M | 328.64M | 328.64M | 318.88M | 342.06M |
| SEC Filing | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.15B | $915.50M | $762.46M | $677.10M | $705.33M | $727.39M | $650.01M | $630.87M | $497.14M |
| Short Term Investments | $- | $1.59M | $916.00K | $779.00K | $490.00K | $- | $- | $19.98M | $21.32M |
| Cash and Short Term Investments | $1.15B | $917.09M | $762.46M | $677.10M | $705.33M | $727.39M | $650.01M | $650.84M | $518.45M |
| Net Receivables | $4.07B | $3.70B | $2.96B | $2.82B | $2.58B | $854.69M | $1.94B | $1.75B | $1.41B |
| Inventory | $704.43M | $362.44M | $2.63B | $2.80B | $2.41B | $2.33B | $1.86B | $258.97M | $363.22M |
| Other Current Assets | $551.93M | $486.15M | $435.38M | $410.92M | $375.64M | $34.60M | $243.87M | $263.82M | $250.75M |
| Total Current Assets | $6.48B | $5.47B | $4.53B | $4.38B | $4.14B | $3.95B | $3.18B | $2.90B | $2.52B |
| Property Plant Equipment Net | $188.14M | $176.38M | $177.11M | $171.15M | $176.95M | $191.17M | $33.70M | $33.93M | $33.58M |
| Goodwill | $368.11M | $327.18M | $295.37M | $294.32M | $294.32M | $296.13M | $291.75M | $291.75M | $291.75M |
| Intangible Assets | $152.51M | $137.76M | $110.32M | $101.55M | $83.35M | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $520.61M | $464.94M | $405.69M | $395.87M | $377.67M | $296.13M | $291.75M | $291.75M | $291.75M |
| Long Term Investments | $14.03M | $116.18M | $197.45M | $194.31M | $177.79M | $193.91M | $111.72M | $88.15M | $100.76M |
| Tax Assets | $- | $57.19M | $53.49M | $40.60M | $25.87M | $32.42M | $44.80M | $38.53M | $68.52M |
| Other Non-Current Assets | $208.28M | $56.87M | $26.02M | $24.61M | $18.86M | $170.97M | $87.27M | $48.04M | $38.14M |
| Total Non-Current Assets | $931.05M | $871.55M | $859.76M | $826.54M | $777.13M | $884.60M | $569.24M | $500.40M | $532.75M |
| Other Assets | $- | $- | $1 | $1 | $1 | $1 | $- | $1 | $1 |
| Total Assets | $7.41B | $6.34B | $5.39B | $5.21B | $4.92B | $4.84B | $3.75B | $3.40B | $3.05B |
| Account Payables | $3.50B | $2.63B | $2.30B | $1.89B | $1.71B | $1.96B | $1.48B | $1.28B | $1.15B |
| Short Term Debt | $328.04M | $226.61M | $335.89M | $157.70M | $139.06M | $364.68M | $-679.29M | $-343.44M | $-64.84M |
| Tax Payables | $- | $21.46M | $8.10M | $6.58M | $28.61M | $14.50M | $11.51M | $32.18M | $60.30M |
| Deferred Revenue | $- | $25.98M | $1.01B | $1.26B | $1.23B | $989.28M | $973.43M | $573.78M | $299.23M |
| Other Current Liabilities | $1.93B | $2.04B | $1.51B | $1.75B | $1.56B | $1.27B | $149.84M | $499.41M | $615.13M |
| Total Current Liabilities | $5.76B | $4.94B | $4.15B | $3.81B | $3.44B | $3.61B | $2.81B | $2.57B | $2.32B |
| Long Term Debt | $746.57M | $635.96M | $565.76M | $720.08M | $880.90M | $570.24M | $409.04M | $364.32M | $456.79M |
| Deferred Revenue Non-Current | $- | $45.00K | $110.47M | $107.11M | $115.14M | $127.88M | $-1 | $29.00K | $1.16M |
| Deferred Tax Liabilities Non-Current | $- | $61.80M | $48.62M | $37.40M | $21.32M | $27.94M | $21.62M | $31.16M | $25.05M |
| Other Non-Current Liabilities | $263.00M | $125.84M | $99.54M | $118.36M | $133.00M | $179.16M | $169.07M | $153.14M | $58.84M |
| Total Non-Current Liabilities | $1.01B | $823.60M | $713.91M | $875.84M | $1.04B | $777.35M | $599.74M | $548.65M | $541.85M |
| Other Liabilities | $- | $- | $- | $1 | $1 | $- | $1 | $- | $- |
| Total Liabilities | $6.77B | $5.76B | $4.86B | $4.68B | $4.47B | $4.39B | $3.41B | $3.12B | $2.86B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $19.92M | $19.92M | $19.92M | $19.92M | $19.92M | $19.92M | $19.92M | $19.69M | $19.69M |
| Retained Earnings | $443.98M | $308.09M | $235.51M | $211.57M | $162.75M | $105.01M | $29.52M | $-11.23M | $-118.03M |
| Accumulated Other Comprehensive Income Loss | $-141.03M | $-73.67M | $-36.45M | $-10.64M | $-42.76M | $10.69M | $-12.74M | $28.80M | $43.22M |
| Other Total Stockholders Equity | $272.92M | $272.50M | $272.60M | $272.41M | $230.16M | $272.92M | $272.92M | $224.70M | $224.70M |
| Total Stockholders Equity | $595.79M | $526.84M | $491.57M | $493.25M | $412.84M | $408.55M | $309.61M | $261.95M | $169.58M |
| Total Equity | $641.07M | $579.70M | $528.05M | $527.35M | $448.28M | $448.94M | $342.63M | $283.77M | $184.66M |
| Total Liabilities and Stockholders Equity | $7.41B | $6.34B | $5.39B | $5.21B | $4.92B | $4.84B | $3.75B | $3.40B | $3.05B |
| Minority Interest | $45.27M | $52.86M | $36.48M | $34.10M | $35.44M | $40.39M | $33.02M | $21.82M | $15.08M |
| Total Liabilities and Total Equity | $7.41B | $6.34B | $5.39B | $5.21B | $4.92B | $4.84B | $3.75B | $3.40B | $3.05B |
| Total Investments | $14.03M | $116.18M | $197.45M | $194.31M | $177.79M | $193.91M | $111.72M | $108.12M | $122.07M |
| Total Debt | $1.07B | $862.57M | $897.79M | $876.65M | $1.02B | $934.09M | $603.57M | $543.79M | $521.33M |
| Net Debt | $-79.17M | $-52.94M | $135.32M | $199.55M | $313.56M | $206.69M | $-46.43M | $-87.08M | $24.19M |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | $198.68M | $125.36M | $89.89M | $83.30M | $57.80M | $112.98M | $110.58M | $118.65M | $74.37M |
| Depreciation and Amortization | $60.53M | $55.70M | $48.16M | $41.18M | $42.22M | $43.55M | $19.34M | $6.67M | $5.75M |
| Deferred Income Tax | $- | $13.47M | $6.17M | $-3.76M | $10.16M | $13.79M | $2.97M | $7.18M | $48.54M |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-598.05M | $165.86M | $133.96M | $66.27M | $-140.17M | $-199.71M | $-169.35M | $31.53M | $6.70M |
| Accounts Receivables | $-363.89M | $-859.61M | $-158.91M | $-243.41M | $-156.16M | $-515.88M | $-297.35M | $-342.74M | $-492.93M |
| Inventory | $-341.99M | $2.36M | $113.73M | $6.40M | $-42.83M | $-111.48M | $-86.15M | $103.75M | $-201.06M |
| Accounts Payables | $- | $642.75M | $207.31M | $358.06M | $-271.61M | $574.56M | $255.16M | $406.70M | $463.24M |
| Other Working Capital | $107.82M | $380.36M | $-28.17M | $-54.78M | $330.44M | $-146.90M | $-41.02M | $-136.18M | $237.46M |
| Other Non Cash Items | $623.79M | $9.31M | $-68.22M | $-29.18M | $564.45M | $152.27M | $179.87M | $-109.87M | $270.09M |
| Net Cash Provided by Operating Activities | $284.94M | $369.70M | $275.78M | $196.50M | $-20.59M | $-17.03M | $-23.61M | $208.53M | $163.19M |
| Investments in Property Plant and Equipment | $-10.21M | $-34.55M | $-24.39M | $-30.60M | $-25.17M | $-10.92M | $-12.80M | $-15.36M | $-11.76M |
| Acquisitions Net | $-10.81M | $-25.58M | $-2.42M | $- | $9.51M | $-14.25M | $1.33M | $- | $- |
| Purchases of Investments | $- | $- | $- | $-418.00K | $- | $-847.00K | $-2.05M | $-4.50M | $-8.81M |
| Sales Maturities of Investments | $- | $1.16M | $1.60M | $- | $878.00K | $4.14M | $- | $- | $- |
| Other Investing Activities | $-30.55M | $- | $- | $-418.00K | $878.00K | $-846.00K | $- | $- | $- |
| Net Cash Used for Investing Activities | $-51.56M | $-58.97M | $-25.22M | $-31.02M | $-14.78M | $-21.88M | $-13.52M | $-19.86M | $-20.57M |
| Debt Repayment | $82.03M | $84.20M | $-135.82M | $-143.56M | $60.93M | $198.30M | $471.58M | $-5.30M | $12.79M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-47.31M | $-3.82M | $-2.92M | $-5.48M | $- | $-3.16M | $-27.71M | $-47.17M | $- |
| Dividends Paid | $-82.08M | $-40.74M | $-60.10M | $-38.12M | $- | $-39.11M | $-42.06M | $-28.41M | $-14.36M |
| Other Financing Activities | $52.27M | $-195.46M | $33.65M | $-6.55M | $-47.63M | $-38.07M | $-345.54M | $25.94M | $-6.30M |
| Net Cash Used Provided by Financing Activities | $4.90M | $-155.83M | $-165.20M | $-193.71M | $13.30M | $117.95M | $56.27M | $-54.94M | $-7.87M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $236.41M | $154.91M | $85.36M | $-28.23M | $-22.07M | $77.39M | $19.14M | $133.73M | $134.75M |
| Cash at End of Period | $1.15B | $917.37M | $762.46M | $677.10M | $705.33M | $727.39M | $650.01M | $630.87M | $497.14M |
| Cash at Beginning of Period | $917.37M | $762.46M | $677.10M | $705.33M | $727.39M | $650.01M | $630.87M | $497.14M | $362.38M |
| Operating Cash Flow | $284.94M | $369.70M | $275.78M | $196.50M | $-20.59M | $-17.03M | $-23.61M | $208.53M | $163.19M |
| Capital Expenditure | $-10.21M | $-34.55M | $-24.39M | $-30.60M | $-25.17M | $-10.92M | $-12.80M | $-15.36M | $-11.76M |
| Free Cash Flow | $274.73M | $335.16M | $251.38M | $165.90M | $-45.76M | $-27.95M | $-36.41M | $193.17M | $151.43M |