Perrigo Company plc (PRGO) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$0.36	$0.5	+38.9%	—	—	—
Q3 26	$0.31	$0.43	+38.7%	—	—	—
Q2 26	$0.78	$0.77	-1.3%	—	—	—
Q1 26	$0.77	$0.8	+3.9%	—	—	—
Q4 25	$0.59	$0.57	-3.4%	—	—	—
Q3 25	$0.57	$0.6	+5.3%	—	—	—
Q2 25	$0.92	$0.93	+1.1%	—	—	—
Q1 25	$0.81	$0.81	0.0%	—	—	—
Q4 24	$0.46	$0.53	+15.2%	—	—	—
Q3 24	$0.23	$0.29	+26.1%	—	—	—
Q2 24	$0.83	$0.86	+3.6%	—	—	—
Q1 24	$0.63	$0.64	+1.6%	—	—	—
Q4 23	$0.51	$0.63	+23.5%	—	—	—
Q3 23	$0.43	$0.45	+4.7%	—	—	—
Q2 23	$0.71	$0.75	+5.6%	—	—	—
Q1 23	$0.67	$0.56	-16.4%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$10.3	—	—	$4.3B	—
FY24	—	-$1.25	—	—	$4.4B	—
FY23	—	-$0.09	—	—	$4.7B	—
FY22	—	-$1.04	—	—	$4.5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$5.3B	$4.9B	$4.7B	$3.9B	$4.1B	$4.1B	$4.5B	$4.7B	$4.4B	$4.3B
YoY change	+24.9%	-6.33%	-4.34%	-18.2%	+5.64%	+1.24%	+7.56%	+4.58%	-6.06%	-2.75%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	5.3B	4.9B	4.7B	3.9B	4.1B	4.1B	4.5B	4.7B	4.4B	4.3B
Cost of revenue	3.2B	3B	2.9B	2.4B	2.6B	2.7B	3B	3B	2.8B	2.8B
Gross profit	2.1B	2B	1.8B	1.4B	1.5B	1.4B	1.5B	1.7B	1.5B	1.5B
Gross margin	38.9%	40%	38.7%	37%	36.6%	34.2%	32.7%	36.1%	35.3%	35.1%
Research & development	184M	167.7M	218.6M	119.2M	121.7M	122M	123.1M	122.5M	112.2M	95.4M
Selling, general & administrative	1.2B	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B	1.3B	1.1B	1.1B
Operating expenses	1.4B	1.3B	1.3B	1.2B	1.2B	815.8M	1.3B	1.4B	1.2B	1.2B
Operating income	662.3M	706.7M	481.9M	214.4M	268.4M	600.4M	121.4M	284.1M	311.9M	312.8M
Operating margin	12.5%	14.3%	10.2%	5.54%	6.57%	14.5%	2.73%	6.1%	7.13%	7.35%
Non-operating income, net	-5.3B	-253.2M	-62.3M	51.1M	-134.8M	-216.7M	-104.5M	-118.6M	-204.8M	-1.4B
Pretax income	-4.8B	280.1M	290.6M	148M	5.9M	258.7M	-139.1M	-8.3M	-80.7M	-1.3B
Income tax	-835.5M	160.5M	159.6M	-10.7M	-38.3M	389.6M	-8.2M	-3.9M	80M	104.4M
Net income	-4B	119.6M	131M	146.1M	-162.6M	-68.9M	-140.6M	-12.7M	-171.8M	-1.4B
Net margin	-76%	2.42%	2.77%	3.78%	-3.98%	-1.66%	-3.16%	-0.27%	-3.93%	-33.5%
EBITDA	1.1B	1.2B	907M	679.8M	636.9M	885.9M	406.9M	654M	638.7M	637.1M
EPS	-28	0.84	0.95	1.07	-1.19	-0.52	-1.04	-0.09	-1.25	-10.3
Diluted EPS	-28	0.84	0.95	1.07	-1.19	-0.52	-1.04	-0.09	-1.25	-10.3

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.1B	1.2B	1.1B	1.1B	1.1B	1.1B	1B	1.1B	1B	1.1B	969.2M	1B
Cost of revenue	712.6M	729.6M	724.4M	670.8M	683.1M	752.4M	651.6M	693.4M	666.2M	747.4M	643.7M	708.9M
Gross profit	411.2M	427.3M	357.7M	394.7M	404.4M	385.9M	392.3M	362.9M	377.1M	362.2M	325.5M	313.9M
Gross margin	36.6%	36.9%	33.1%	37%	37.2%	33.9%	37.6%	34.4%	36.1%	32.6%	33.6%	30.7%
Research & development	29.6M	29.6M	29M	29.4M	26M	27.8M	26.7M	22M	24.9M	21.8M	24.6M	23.7M
Selling, general & administrative	304M	306.8M	305.6M	300.8M	271.5M	234.8M	281.2M	273.1M	245.7M	255.9M	267.3M	251.2M
Operating expenses	333.6M	336.4M	368.6M	350.2M	291M	221.1M	312.9M	307.3M	283.7M	277.8M	291.9M	274.9M
Operating income	77.6M	90.9M	-10.9M	44.5M	113.4M	164.8M	79.4M	55.6M	93.4M	84.4M	33.6M	39M
Operating margin	6.91%	7.86%	-1.01%	4.18%	10.4%	14.5%	7.61%	5.26%	8.95%	7.61%	3.47%	3.81%
Non-operating income, net	-14.9M	-102.5M	-44.7M	-74.4M	-34M	-51.7M	-32.1M	-12.8M	-30.4M	-1.4B	-401.3M	105M
Pretax income	19.2M	-54.3M	-98.6M	-74M	21.8M	70M	8.3M	3.2M	22.4M	-1.3B	-408.5M	105.4M
Income tax	3.8M	-26.6M	-102.7M	31.7M	39.4M	111.5M	8.2M	3.7M	9.7M	82.9M	-18.7M	16.9M
Net income	14.2M	-32.3M	2M	-108.4M	-21M	-44.5M	-6.4M	-8.4M	7.5M	-1.4B	-398.5M	74.4M
Net margin	1.26%	-2.79%	0.18%	-10.2%	-1.93%	-3.91%	-0.61%	-0.8%	0.72%	-127.8%	-41.1%	7.27%
EBITDA	169.2M	177.6M	70.1M	123M	199.8M	245.5M	159.7M	139.3M	169.2M	169M	122.9M	255.1M
EPS	0.1	-0.24	0.01	-0.79	-0.15	-0.32	-0.05	-0.06	0.05	-10.2	-2.87	0.54
Diluted EPS	0.1	-0.24	0.01	-0.79	-0.15	-0.32	-0.05	-0.06	0.05	-10.2	-2.87	0.53

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	11.9B	12.4B	5.3B	7B	6.1B	5.2B	4.6B	4.4B	3.5B	1.9B	2.1B
Enterprise value	17.1B	15.1B	8B	10B	9.2B	7B	8.1B	7.7B	6.6B	5B	5.2B
Shares outstanding	143.3M	142.3M	137.8M	136M	136.1M	133.6M	134.5M	135.3M	137.4M	138.5M	138.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	103.7	40.8	48.1	—	—	—	—	—	—	2.8K
P/S	2.26	2.51	1.13	1.82	1.49	1.26	1.03	0.94	0.81	0.45	0.5
P/B	2	2.01	0.94	1.21	1.08	1.01	0.95	0.91	0.82	0.66	0.83
EV/EBITDA	15.6	12.8	8.85	14.8	14.4	7.93	19.9	11.7	10.3	7.91	8.47
EV/Sales	3.24	3.05	1.7	2.59	2.25	1.7	1.82	1.65	1.51	1.18	1.26
Earnings yield	—	0.96%	2.45%	2.08%	—	—	—	—	—	—	0.04%
FCF yield	4.6%	4.92%	9.18%	3.56%	7.65%	0.08%	4.6%	6.98%	6.92%	7.53%	20.9%
PEG	—	—	—	—	—	—	—	—	—	—	-2.82

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	38.9%	40%	38.7%	37%	36.6%	34.2%	32.7%	36.1%	35.3%	35.1%	30.7%
Operating margin	12.5%	14.3%	10.2%	5.54%	6.57%	14.5%	2.73%	6.1%	7.13%	7.35%	3.84%
Net margin	-76%	2.42%	2.77%	3.78%	-3.98%	-1.66%	-3.16%	-0.27%	-3.93%	-33.5%	-41.9%
ROE	-67.4%	1.94%	2.31%	2.52%	-2.88%	-1.34%	-2.9%	-0.27%	-3.98%	-48.6%	-48.7%
ROA	-28.9%	1.03%	1.19%	1.29%	-1.42%	-0.66%	-1.28%	-0.12%	-1.78%	-16.7%	1.97%
ROIC	5.95%	3.42%	2.6%	2.43%	3.07%	0%	1.45%	3.51%	4.23%	5.18%	4.63%
Return on tangible assets	320.7%	-3.43%	-4.69%	-5.02%	-50.8%	-55.5%	5.53%	0.57%	9.28%	514.2%	1K%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.53	1.96	1.89	2.04	2.27	2.43	2.44	1.79	2.38	2.76	2.32
Quick ratio	1.09	1.4	1.32	1.32	1.5	1.79	1.41	1.07	1.34	1.63	1.32
Debt / equity	0.97	0.54	0.57	0.58	0.66	0.72	0.85	0.85	0.84	1.24	1.38
Debt / assets	0.42	0.29	0.3	0.3	0.32	0.35	0.37	0.38	0.38	0.43	0.43
Net debt / EBITDA	4.73	2.27	2.97	4.43	4.86	2.06	8.62	5.08	4.79	4.88	4.04
Interest coverage	-21.2	2.62	3.25	2.26	1.05	3.07	0.11	0.95	0.57	-6.99	-8.89
Effective tax rate	0%	57.3%	54.9%	0%	0%	100%	0%	0%	0%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	36.8	34.8	34.3	28.5	30	31	33.1	34.4	31.8	30.7	29.8
EPS (basic)	-28	0.84	0.95	1.07	-1.19	-0.52	-1.04	-0.09	-1.25	-10.3	-10.3
EPS (diluted)	-28	0.84	0.95	1.07	-1.19	-0.52	-1.04	-0.09	-1.25	-10.3	-12.3
Book value per share	41.6	43.4	41.1	42.7	41.6	38.6	36	35.2	31.4	21.2	18.1
FCF per share	3.83	4.29	3.56	1.84	3.42	0.03	1.57	2.25	1.78	1.05	0.85
Cash per share	4.34	4.77	4	2.61	4.64	14	4.47	5.55	4.07	3.84	2.88
Capex per share	0.74	0.62	0.74	1.01	1.25	1.14	0.72	0.75	0.86	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.01%	1.79%	2.17%	3.56%	4.17%	3.68%	2.17%	2.18%	2.7%	—	—
Capex / operating cash flow	-2.37%	16.5%	19.8%	30.8%	69%	100.5%	31.4%	33%	30.7%	—	—
Payout ratio	-2.07%	76.2%	80.1%	76.9%	-76.2%	-188.1%	-101.3%	-1.2K%	-88.8%	-11.2%	10.9K%
Dividend yield	0.7%	0.73%	1.96%	1.6%	2.04%	2.49%	3.11%	3.44%	4.32%	8.26%	7.69%

Yield

7.69%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.29

ex-dividend Aug 28, 2026

Payout ratio

10950%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 28, 2026	$0.29
May 29, 2026	$0.29
Mar 2, 2026	$0.29

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.1B	$1.2B	$1.1B	$1.1B	$1.1B	$1.1B	$1B	$1.1B	$1B	$1.1B	$969.2M	$1B
YoY change	+2.15%	+0.14%	-8.43%	-10.7%	-3.23%	-1.61%	-3.53%	-0.86%	-4.06%	-2.52%	-7.16%	-3.17%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	622.3M	678.7M	551.1M	354.3M	631.5M	1.9B	600.7M	751.3M	558.8M	531.6M
Receivables	1.2B	1.1B	1.1B	1.2B	593.5M	652.9M	697.1M	739.6M	642.3M	612.8M
Inventory	795M	806.9M	878M	967.3M	1.1B	1B	1.2B	1.1B	1.1B	1.1B
Total current assets	2.8B	2.8B	2.9B	2.7B	3.1B	3.9B	2.7B	2.8B	2.5B	2.8B
Property, plant & equipment	349.9M	318.8M	276.8M	454M	503.2M	493.4M	550.4M	488.7M	468.7M	427.1M
Goodwill & intangibles	15.1B	15.1B	13.8B	14.2B	11.2B	10.3B	13.6B	13B	11.5B	8.8B
Total assets	13.9B	11.6B	11B	11.3B	11.5B	10.4B	11B	10.8B	9.6B	8.5B
Accounts payable	471.7M	450.2M	474.9M	520.2M	451.6M	411.2M	537.3M	477.7M	495.2M	474.5M
Short-term debt	572.8M	70.4M	190.2M	3.4M	65.6M	629.8M	36.2M	440.6M	36.4M	36.6M
Total current liabilities	1.8B	1.4B	1.5B	1.3B	1.4B	1.6B	1.1B	1.6B	1B	1B
Long-term debt	5.2B	3.3B	3.1B	3.4B	3.7B	3.1B	4.1B	3.6B	3.6B	3.6B
Total liabilities	7.9B	5.5B	5.3B	5.5B	5.8B	5.3B	6.2B	6B	5.3B	5.6B
Shareholders' equity	6B	6.2B	5.7B	5.8B	5.7B	5.2B	4.8B	4.8B	4.3B	2.9B
Total debt	5.8B	3.3B	3.2B	3.4B	3.7B	3.7B	4.1B	4.1B	3.6B	3.6B
Net debt	5.2B	2.7B	2.7B	3B	3.1B	1.8B	3.5B	3.3B	3.1B	3.1B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	598.3M	751.3M	651.5M	538.1M	1.5B	558.8M	409.9M	454.2M	432.1M	531.6M	357.2M	399.7M
Receivables	737.8M	739.6M	780M	726M	785.9M	642.3M	716.8M	678.2M	644.4M	612.8M	697.1M	709.9M
Inventory	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B	1.2B	1.2B	1.1B	1.1B	1.1B
Total current assets	2.8B	2.8B	2.8B	3B	3.7B	2.5B	2.5B	2.6B	2.9B	2.8B	2.7B	2.5B
Property, plant & equipment	1.1B	488.7M	1.1B	1.1B	1.1B	468.7M	1.1B	1.1B	1.1B	427.1M	1B	1B
Goodwill & intangibles	13B	13B	12.7B	12B	12.2B	11.5B	11.7B	12.1B	11.5B	8.8B	7.9B	7.8B
Total assets	10.8B	10.8B	10.6B	10.4B	11.2B	9.6B	9.8B	10.1B	10.1B	8.5B	8B	7.6B
Accounts payable	433.1M	477.7M	453.7M	471.5M	458.5M	495.2M	502.3M	489M	469.7M	474.5M	434.8M	400.4M
Short-term debt	38.1M	440.6M	440.6M	440.8M	440.7M	36.4M	36.2M	36.4M	36.6M	36.6M	11.4M	11.4M
Total current liabilities	1B	1.6B	1.6B	1.5B	1.5B	1B	1.1B	1.1B	1.1B	1B	997.6M	1.1B
Long-term debt	4.2B	3.6B	3.6B	3.6B	4.3B	3.6B	3.6B	3.6B	3.6B	3.6B	3.6B	3.3B
Total liabilities	6B	6B	6B	5.9B	6.6B	5.3B	5.4B	5.6B	5.6B	5.6B	5.5B	5.1B
Shareholders' equity	4.7B	4.8B	4.7B	4.5B	4.6B	4.3B	4.4B	4.5B	4.4B	2.9B	2.5B	2.5B
Total debt	4.3B	4.1B	4.1B	4.1B	4.8B	3.6B	3.6B	3.7B	3.6B	3.6B	3.6B	3.3B
Net debt	3.7B	3.3B	3.4B	3.5B	3.3B	3.1B	3.2B	3.2B	3.2B	3.1B	3.3B	2.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-4B	119.6M	131M	146.1M	-162.6M	-68.9M	-140.6M	-12.7M	-171.8M	-1.4B
Depreciation & amortization	457M	444.8M	423.6M	396.5M	384.8M	312.2M	338.6M	359.5M	325.9M	337.5M
Stock-based compensation	23M	43.8M	37.7M	52.2M	58.5M	60.1M	54.9M	68.8M	64.4M	54.6M
Change in working capital	12.1M	-57.2M	-57.6M	-163.5M	5.7M	-174.7M	58.9M	-70.1M	58.3M	-59.3M
Operating cash flow	-4.5B	538M	518.6M	446.9M	247M	151.4M	306.8M	308M	385.9M	238.5M
Capital expenditure	-106.2M	-88.6M	-102.6M	-137.7M	-170.4M	-152.1M	-96.4M	-101.7M	-118.3M	—
Investing cash flow	-528.7M	2.3B	-140.5M	-599M	-191.9M	1.3B	-2B	-97.3M	73.6M	12.4M
Dividends paid	-83.2M	-91.1M	-104.9M	-112.4M	-123.9M	-129.6M	-142.4M	-149.7M	-152.5M	-159.3M
Share repurchases	0	-191.5M	-400M	0	-164.2M	0	0	—	—	—
Financing cash flow	-268.7M	-3B	-571.9M	1.8M	-181.1M	-209.3M	409.9M	-187.2M	-611M	-220.5M
Net change in cash	-5.3B	-215.9M	-193.8M	-150.3M	-126M	1.2B	-1.2B	23.5M	-151.5M	30.4M
Free cash flow	548.7M	610.3M	490.4M	250.1M	465.8M	4.2M	210.9M	303.8M	244.6M	145.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	14.2M	-32.3M	2M	-108.4M	-20.9M	-44.5M	-6.4M	-8.4M	7.5M	-1.4B	-398.6M	74.5M
Depreciation & amortization	91M	85.9M	81.4M	81.9M	82.3M	80.3M	79.9M	86.3M	85.4M	85.9M	83.3M	95.8M
Stock-based compensation	14.7M	10.6M	15.6M	23M	5.9M	19.9M	11.6M	16.8M	13.2M	13M	14.4M	6.8M
Change in working capital	-13.6M	80.1M	-40.6M	21M	-33.3M	111.2M	-118M	-2.7M	-40.1M	101.6M	-102.1M	9.8M
Operating cash flow	132M	69.7M	84.7M	47.4M	42.1M	211.7M	-9.2M	75.9M	51.7M	175.4M	-113.6M	82.6M
Capital expenditure	-31.8M	-26.7M	-25.1M	-28.4M	-27.1M	-37.7M	-25.5M	—	—	—	—	—
Investing cash flow	-31.6M	-24.3M	-25.1M	-28.4M	178.4M	-36.4M	-27.4M	0	-2.7M	-100K	—	—
Dividends paid	-38.9M	-37.6M	-37.6M	-37.7M	-37.6M	-39.6M	-40.6M	-38.9M	-39.9M	-39.9M	-39.9M	-40.2M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-43.3M	-44.6M	-60.4M	-49.8M	-439.4M	-1.2B	-61.8M	-54M	-50.3M	-54.4M	-45.3M	-816.5M
Net change in cash	57.1M	800K	-800K	-30.8M	-218.9M	-978.8M	-98.4M	21.9M	-1.3M	120.9M	-158.9M	-733.9M
Free cash flow	92.7M	182M	-26.5M	-18.9M	15.1M	274.9M	-90M	56.7M	29.8M	148.6M	-127.4M	68.3M

Perrigo Company plc Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history