Smith & Nephew plc (SNN)

Smith & Nephew Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,810	5,549	5,215	5,212	4,560
Revenue Growth (YoY)	4.70%	6.40%	0.06%	14.30%	-11.25%
Cost of Revenue	1,731	1,654	1,515	1,514	1,381
Gross Profit	4,079	3,895	3,700	3,698	3,179
Selling, General & Admin	2,904	2,834	2,707	2,637	2,439
Research & Development	289	320	335	349	307
Operating Expenses	3,193	3,154	3,042	2,986	2,746
Operating Income	886	741	658	712	433
Interest Expense	-145	-132	-80	-80	-62
Interest & Investment Income	24	34	14	6	6
Earnings From Equity Investments	-10	-30	-141	9	14
Other Non Operating Income (Expenses)	-24	-6	-6	-6	-3
EBT Excluding Unusual Items	731	607	445	641	388
Merger & Restructuring Charges	-123	-220	-167	-113	-124
Gain (Loss) on Sale of Investments	-	-	-	75	-
Asset Writedown	-16	-37	-39	-2	-12
Legal Settlements	-	-	-	-8	-2
Other Unusual Items	-94	-60	-4	-7	-4
Pretax Income	498	290	235	586	246
Income Tax Expense	86	27	12	62	-202
Net Income	412	263	223	524	448
Net Income to Common	412	263	223	524	448
Net Income Growth	56.65%	17.94%	-57.44%	16.96%	-25.33%
Shares Outstanding (Basic)	873	871	872	877	875
Shares Outstanding (Diluted)	876	873	873	878	877
Shares Change (YoY)	0.34%	-	-0.57%	0.11%	-
EPS (Basic)	0.47	0.30	0.26	0.60	0.51
EPS (Diluted)	0.47	0.30	0.26	0.60	0.51
EPS Growth	56.15%	18.04%	-57.29%	16.60%	-25.15%
Free Cash Flow	606	181	110	469	492
Free Cash Flow Per Share	0.69	0.21	0.13	0.53	0.56
Dividend Per Share	0.375	0.375	0.375	0.375	0.375
Gross Margin	70.21%	70.19%	70.95%	70.95%	69.72%
Operating Margin	15.25%	13.35%	12.62%	13.66%	9.50%
Profit Margin	7.09%	4.74%	4.28%	10.05%	9.83%
Free Cash Flow Margin	10.43%	3.26%	2.11%	9.00%	10.79%
EBITDA	1,335	1,176	1,150	1,219	927
EBITDA Margin	22.98%	21.19%	22.05%	23.39%	20.33%
D&A For EBITDA	449	435	492	507	494
EBIT	886	741	658	712	433
EBIT Margin	15.25%	13.35%	12.62%	13.66%	9.50%
Effective Tax Rate	17.27%	9.31%	5.11%	10.58%	-
Advertising Expenses	84	88	92	81	66

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q