Bayer AG
XETRA:BAYN
Income Statement
Earnings Waterfall
Bayer AG
Revenue
|
47.6B
EUR
|
Cost of Revenue
|
-19.7B
EUR
|
Gross Profit
|
27.9B
EUR
|
Operating Expenses
|
-19.5B
EUR
|
Operating Income
|
8.4B
EUR
|
Other Expenses
|
-11.4B
EUR
|
Net Income
|
-2.9B
EUR
|
Income Statement
Bayer AG
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
40 157
N/A
|
40 243
+0%
|
40 111
0%
|
40 435
+1%
|
41 339
+2%
|
42 780
+3%
|
44 555
+4%
|
45 592
+2%
|
46 085
+1%
|
46 146
+0%
|
40 151
-13%
|
37 405
-7%
|
34 943
-7%
|
32 769
-6%
|
35 475
+8%
|
35 242
-1%
|
35 015
-1%
|
34 473
-2%
|
35 240
+2%
|
36 476
+4%
|
36 742
+1%
|
41 349
+13%
|
42 581
+3%
|
43 150
+1%
|
43 545
+1%
|
44 138
+1%
|
43 479
-1%
|
42 155
-3%
|
41 400
-2%
|
40 883
-1%
|
41 683
+2%
|
42 958
+3%
|
44 081
+3%
|
46 392
+5%
|
48 357
+4%
|
49 857
+3%
|
50 739
+2%
|
50 489
0%
|
48 714
-4%
|
47 775
-2%
|
47 637
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(19 516)
|
(19 427)
|
(19 460)
|
(19 668)
|
(19 909)
|
(20 611)
|
(20 887)
|
(20 968)
|
(21 040)
|
(20 648)
|
(16 229)
|
(14 005)
|
(11 756)
|
(9 699)
|
(11 634)
|
(11 483)
|
(11 382)
|
(11 304)
|
(12 028)
|
(13 564)
|
(15 381)
|
(18 119)
|
(18 655)
|
(18 337)
|
(17 613)
|
(17 402)
|
(17 377)
|
(20 389)
|
(19 138)
|
(19 180)
|
(19 708)
|
(16 800)
|
(16 816)
|
(17 294)
|
(18 428)
|
(18 788)
|
(19 871)
|
(20 428)
|
(19 466)
|
(20 031)
|
(19 749)
|
|
Gross Profit |
20 641
N/A
|
20 816
+1%
|
20 651
-1%
|
20 767
+1%
|
21 430
+3%
|
22 169
+3%
|
23 668
+7%
|
24 624
+4%
|
25 045
+2%
|
25 498
+2%
|
23 922
-6%
|
23 400
-2%
|
23 187
-1%
|
23 070
-1%
|
23 841
+3%
|
23 759
0%
|
23 633
-1%
|
23 169
-2%
|
23 212
+0%
|
22 912
-1%
|
21 361
-7%
|
23 230
+9%
|
23 926
+3%
|
24 813
+4%
|
25 932
+5%
|
26 736
+3%
|
26 102
-2%
|
21 766
-17%
|
22 262
+2%
|
21 703
-3%
|
21 975
+1%
|
26 158
+19%
|
27 265
+4%
|
29 098
+7%
|
29 929
+3%
|
31 069
+4%
|
30 868
-1%
|
30 061
-3%
|
29 248
-3%
|
27 744
-5%
|
27 888
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(15 707)
|
(15 588)
|
(15 275)
|
(15 266)
|
(15 881)
|
(16 914)
|
(18 025)
|
(18 755)
|
(18 404)
|
(18 862)
|
(17 674)
|
(17 327)
|
(17 352)
|
(17 225)
|
(17 968)
|
(17 895)
|
(17 639)
|
(17 383)
|
(17 543)
|
(14 308)
|
(21 511)
|
(19 987)
|
(21 244)
|
(25 246)
|
(21 272)
|
(21 855)
|
(32 790)
|
(39 061)
|
(23 140)
|
(37 288)
|
(29 057)
|
(23 311)
|
(20 386)
|
(24 616)
|
(22 997)
|
(23 468)
|
(22 889)
|
(24 288)
|
(24 600)
|
(27 889)
|
(19 465)
|
|
Selling, General & Administrative |
(12 024)
|
(11 904)
|
(11 754)
|
(11 722)
|
(11 354)
|
(12 963)
|
(13 679)
|
(14 127)
|
(13 119)
|
(14 380)
|
(13 392)
|
(13 087)
|
(13 097)
|
(12 696)
|
(13 313)
|
(13 231)
|
(13 258)
|
(12 951)
|
(13 145)
|
(13 821)
|
(14 881)
|
(16 303)
|
(17 009)
|
(17 098)
|
(16 156)
|
(15 882)
|
(15 334)
|
(16 468)
|
(15 980)
|
(15 616)
|
(15 687)
|
(14 525)
|
(15 370)
|
(15 749)
|
(16 474)
|
(16 787)
|
(16 919)
|
(17 029)
|
(16 242)
|
(15 767)
|
(14 936)
|
|
Research & Development |
(3 406)
|
(3 493)
|
(3 426)
|
(3 509)
|
(3 537)
|
(3 669)
|
(3 863)
|
(4 035)
|
(4 274)
|
(4 439)
|
(4 400)
|
(4 416)
|
(4 405)
|
(4 390)
|
(4 491)
|
(4 515)
|
(4 504)
|
(4 450)
|
(4 620)
|
(4 708)
|
(5 105)
|
(5 449)
|
(5 486)
|
(5 600)
|
(5 301)
|
(5 286)
|
(5 149)
|
(7 234)
|
(7 126)
|
(5 731)
|
(6 202)
|
(4 400)
|
(5 412)
|
(5 668)
|
(5 958)
|
(5 970)
|
(6 572)
|
(6 689)
|
(5 989)
|
(5 915)
|
(5 371)
|
|
Other Operating Expenses |
(277)
|
(191)
|
(95)
|
(35)
|
(990)
|
(282)
|
(483)
|
(593)
|
(1 011)
|
(43)
|
118
|
176
|
150
|
(139)
|
(164)
|
(149)
|
123
|
18
|
222
|
4 221
|
(1 525)
|
1 765
|
1 251
|
(2 548)
|
185
|
(687)
|
(12 307)
|
(15 359)
|
(34)
|
(15 941)
|
(7 168)
|
(4 386)
|
396
|
(3 199)
|
(565)
|
(711)
|
602
|
(570)
|
(2 369)
|
(6 207)
|
842
|
|
Operating Income |
4 934
N/A
|
5 228
+6%
|
5 376
+3%
|
5 501
+2%
|
5 549
+1%
|
5 255
-5%
|
5 643
+7%
|
5 869
+4%
|
6 641
+13%
|
6 636
0%
|
6 248
-6%
|
6 073
-3%
|
5 835
-4%
|
5 845
+0%
|
5 873
+0%
|
5 864
0%
|
5 994
+2%
|
5 786
-3%
|
5 669
-2%
|
8 604
+52%
|
(150)
N/A
|
3 243
N/A
|
2 682
-17%
|
(433)
N/A
|
4 660
N/A
|
4 881
+5%
|
(6 688)
N/A
|
(17 295)
-159%
|
(878)
+95%
|
(15 585)
-1 675%
|
(7 082)
+55%
|
2 847
N/A
|
6 879
+142%
|
4 482
-35%
|
6 932
+55%
|
7 601
+10%
|
7 979
+5%
|
5 773
-28%
|
4 648
-19%
|
(145)
N/A
|
8 423
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(727)
|
(696)
|
(644)
|
(718)
|
(542)
|
(1 096)
|
(1 210)
|
(1 188)
|
(1 408)
|
(1 046)
|
(952)
|
(905)
|
(511)
|
(946)
|
(1 122)
|
(1 292)
|
(728)
|
(900)
|
(854)
|
(1 130)
|
(1 235)
|
(2 020)
|
(2 152)
|
(1 652)
|
(1 235)
|
(1 664)
|
(1 485)
|
(1 317)
|
(922)
|
(777)
|
(600)
|
(925)
|
(1 359)
|
(1 449)
|
(2 042)
|
(2 304)
|
(2 263)
|
(2 219)
|
(2 145)
|
(2 250)
|
(852)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(229)
|
0
|
0
|
0
|
(46)
|
0
|
0
|
0
|
(217)
|
0
|
0
|
0
|
(124)
|
0
|
0
|
0
|
3 600
|
0
|
0
|
0
|
(315)
|
0
|
0
|
0
|
(15 345)
|
0
|
0
|
0
|
(3 484)
|
0
|
0
|
0
|
(468)
|
0
|
0
|
0
|
(7 809)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(364)
|
0
|
0
|
0
|
49
|
0
|
0
|
0
|
(334)
|
0
|
0
|
0
|
(565)
|
0
|
0
|
0
|
(329)
|
0
|
0
|
0
|
(257)
|
0
|
0
|
0
|
(105)
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
(578)
|
0
|
0
|
0
|
(1 383)
|
|
Pre-Tax Income |
4 207
N/A
|
4 532
+8%
|
4 732
+4%
|
4 783
+1%
|
4 414
-8%
|
4 159
-6%
|
4 433
+7%
|
4 681
+6%
|
5 236
+12%
|
5 590
+7%
|
5 296
-5%
|
5 168
-2%
|
4 773
-8%
|
4 899
+3%
|
4 751
-3%
|
4 572
-4%
|
4 577
+0%
|
4 886
+7%
|
4 815
-1%
|
7 474
+55%
|
1 886
-75%
|
1 223
-35%
|
530
-57%
|
(2 085)
N/A
|
2 853
N/A
|
3 217
+13%
|
(8 173)
N/A
|
(18 612)
-128%
|
(17 250)
+7%
|
(16 362)
+5%
|
(7 682)
+53%
|
1 922
N/A
|
2 046
+6%
|
3 033
+48%
|
4 890
+61%
|
5 297
+8%
|
4 670
-12%
|
3 554
-24%
|
2 503
-30%
|
(2 395)
N/A
|
(1 621)
+32%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 021)
|
(1 110)
|
(1 235)
|
(1 216)
|
(1 071)
|
(932)
|
(979)
|
(1 041)
|
(1 223)
|
(1 328)
|
(1 211)
|
(1 120)
|
(1 017)
|
(967)
|
(952)
|
(957)
|
(1 329)
|
(1 399)
|
(1 356)
|
(1 973)
|
(496)
|
(438)
|
(233)
|
565
|
(443)
|
(563)
|
897
|
2 633
|
1 689
|
1 523
|
125
|
(1 684)
|
(1 024)
|
(807)
|
(625)
|
(570)
|
(504)
|
(500)
|
(1 049)
|
(1 280)
|
(1 321)
|
|
Income from Continuing Operations |
3 186
|
3 422
|
3 497
|
3 567
|
3 343
|
3 227
|
3 454
|
3 640
|
4 013
|
4 262
|
4 085
|
4 048
|
3 756
|
3 932
|
3 799
|
3 615
|
3 248
|
3 487
|
3 459
|
5 501
|
1 390
|
785
|
297
|
(1 520)
|
2 410
|
2 654
|
(7 276)
|
(15 979)
|
(15 561)
|
(14 839)
|
(7 557)
|
238
|
1 022
|
2 226
|
4 265
|
4 727
|
4 166
|
3 054
|
1 454
|
(3 675)
|
(2 942)
|
|
Income to Minority Interest |
3
|
3
|
4
|
2
|
(17)
|
(21)
|
(25)
|
(24)
|
12
|
(52)
|
19
|
21
|
(13)
|
(131)
|
(198)
|
(191)
|
1
|
(1)
|
(5)
|
(16)
|
(16)
|
(11)
|
(6)
|
(6)
|
(19)
|
(19)
|
(27)
|
(16)
|
(8)
|
(10)
|
(8)
|
(16)
|
(22)
|
(24)
|
(26)
|
(27)
|
(16)
|
(17)
|
(6)
|
8
|
1
|
|
Net Income (Common) |
3 189
N/A
|
3 452
+8%
|
3 564
+3%
|
3 657
+3%
|
3 426
-6%
|
3 337
-3%
|
3 548
+6%
|
3 721
+5%
|
4 110
+10%
|
4 287
+4%
|
4 503
+5%
|
4 691
+4%
|
4 531
-3%
|
5 103
+13%
|
4 947
-3%
|
7 641
+54%
|
7 336
-4%
|
7 207
-2%
|
6 777
-6%
|
5 767
-15%
|
1 695
-71%
|
982
-42%
|
592
-40%
|
(1 243)
N/A
|
4 091
N/A
|
4 343
+6%
|
(5 609)
N/A
|
(9 389)
-67%
|
(10 495)
-12%
|
(9 895)
+6%
|
(2 682)
+73%
|
147
N/A
|
1 000
+580%
|
2 202
+120%
|
4 239
+93%
|
4 700
+11%
|
4 150
-12%
|
3 037
-27%
|
1 448
-52%
|
(3 667)
N/A
|
(2 941)
+20%
|
|
EPS (Diluted) |
3.79
N/A
|
4.1
+8%
|
4.24
+3%
|
4.35
+3%
|
4.07
-6%
|
3.97
-2%
|
4.22
+6%
|
4.42
+5%
|
4.89
+11%
|
5.1
+4%
|
5.29
+4%
|
5.58
+5%
|
5.35
-4%
|
5.76
+8%
|
5.5
-5%
|
8.61
+57%
|
8.28
-4%
|
8.12
-2%
|
7.39
-9%
|
5.88
-20%
|
1.8
-69%
|
1
-44%
|
0.6
-40%
|
-1.26
N/A
|
4.16
N/A
|
4.43
+6%
|
-5.7
N/A
|
-9.55
-68%
|
-10.68
-12%
|
-10.08
+6%
|
-2.72
+73%
|
0.14
N/A
|
1.02
+629%
|
2.24
+120%
|
4.31
+92%
|
4.78
+11%
|
4.22
-12%
|
3.09
-27%
|
1.47
-52%
|
-3.73
N/A
|
-2.99
+20%
|