Unilever PLC Sponsored American Depositary Receipt (UL) 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 %
Q1 13	—	$2.7	—	—	—	—
Q4 12	—	$1.43	—	—	—	—
Q3 12	—	$3	—	—	—	—
Q2 12	—	$1.6	—	—	—	—
Q1 12	—	$2.96	—	—	—	—
Q4 11	—	$1.49	—	—	—	—
Q3 11	—	$2.86	—	—	—	—
Q2 11	—	$1.44	—	—	—	—
Q1 11	$0.91	$0.96	+5.5%	—	—	—
Q4 10	$0.54	$0.45	-16.7%	—	$10.8B	—
Q3 10	$0.67	$0.56	-16.4%	—	$11.5B	—
Q2 10	$0.54	$0.47	-13.0%	—	$11.8B	—
Q4 09	$0.25	$0.33	+32.0%	—	$9.7B	—
Q3 09	$0.42	$0.48	+14.3%	—	$10.2B	—
Q2 09	$0.39	$0.36	-7.7%	—	$10.5B	—
Q1 09	$0.29	$0.33	+13.8%	—	$9.5B	—

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	—	$4.33	—	—	$50.5B	—
FY24	—	$2.59	—	—	$52.5B	—
FY23	—	$2.9	—	—	$51.7B	—
FY22	—	$3	—	—	$70.5B

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	$52.7B	$53.7B	$51B	$52B	$50.7B	$52.4B	$70.5B	$51.7B	$52.5B	$50.5B
YoY change	-1.05%	+1.9%	-5.09%	+1.96%	-2.42%	+3.39%	+34.4%	-26.7%	+1.55%	-3.77%

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	52.7B	53.7B	51B	52B	50.7B	52.4B	70.5B	51.7B	52.5B	50.5B
Cost of revenue	30.2B	30.5B	28.7B	29.1B	28.7B	30.3B	42.1B	29.2B	28B	26.8B
Gross profit	22.5B	23.2B	22.3B	22.9B	22B	22.2B	28.4B	22.5B	24.5B	23.7B
Gross margin	42.7%	43.1%	43.7%	44%	43.5%	42.3%	40.2%	43.5%	46.7%	46.9%
Research & development	978M	900M	900M	840M	800M	847M	1.1B	949M	987M	—
Selling, general & administrative	13.7B	13.4B	11.9B	12.1B	11.9B	11.7B	15.9B	13.3B	14.3B	13.7B
Operating expenses	14.7B	14.3B	17.6B	17.8B	17.5B	17.4B	23.7B	20B	15.3B	13.7B
Operating income	7.7B	8.8B	9.4B	9.9B	9.4B	9.6B	11.4B	9.3B	10.3B	10.1B
Operating margin	14.6%	16.3%	18.5%	19.1%	18.4%	18.4%	16.2%	17.9%	19.6%	20.1%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	7.5B	8.2B	12.4B	8.3B	8B	8.6B	12.1B	8.6B	8.4B	8.7B
Income tax	1.9B	1.7B	2.6B	2.3B	1.9B	1.9B	2.4B	2B	2.3B	2.5B
Net income	5.5B	6.5B	9.8B	6B	6.1B	6.6B	9.7B	7.1B	6.4B	10B
Net margin	10.5%	12.1%	19.2%	11.6%	12%	12.6%	13.8%	13.8%	12.1%	19.8%
EBITDA	9.5B	10.6B	12B	12.3B	11.8B	11.9B	14.1B	11B	12.4B	12.2B
EPS	1.83	2.16	3.5	2.15	2.13	2.33	3	2.9	2.59	4.33
Diluted EPS	1.82	2.15	3.48	2.14	2.12	2.32	2.99	2.88	2.58	4.32

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	Q1 08	Q2 08	Q3 08	Q4 08	Q1 09	Q2 09	Q3 09	Q4 09	Q1 10	Q2 10	Q3 10	Q4 10
Revenue	9.6B	10.4B	10.4B	10.2B	9.5B	10.5B	10.2B	9.7B	10.1B	11.8B	11.5B	10.8B
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—	—	—
Operating expenses	8.3B	—	—	—	8.3B	—	—	—	—	—	—	—
Operating income	1.3B	10.4B	10.4B	-23.2B	9.5B	10.5B	10.2B	-25.1B	10.1B	11.8B	11.5B	-27.1B
Operating margin	13.3%	100%	100%	-228.6%	100%	100%	100%	-260.3%	100%	100%	100%	-250.3%
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	1.8B	1.4B	2.5B	1.5B	1.1B	1.2B	1.4B	1.2B	1.4B	1.6B	1.8B	1.4B
Income tax	375M	375M	791M	303M	287M	369M	302M	299M	335M	432M	406M	361M
Net income	1.4B	978M	1.7B	1.2B	803M	833M	1.1B	906M	1.1B	1.2B	1.3B	1B
Net margin	14.7%	9.43%	16.4%	11.7%	8.45%	7.97%	10.9%	9.38%	10.4%	9.82%	11.7%	9.63%
EBITDA	1.6B	1.6B	2.8B	1.9B	1.5B	1.6B	1.7B	1.4B	1.7B	1.9B	2.1B	1.9B
EPS	0.47	0.32	0.59	—	0.26	0.27	0.38	—	0.35	—	0.45	—
Diluted EPS	0.46	0.31	0.57	—	0.25	0.27	0.36	—	0.34	—	0.43	—

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	125.6B	168.5B	152.4B	162.6B	171.9B	144.4B	—	—	141.5B	142.8B	134.6B
Enterprise value	139.8B	188.6B	174.6B	185.3B	192.3B	169.3B	—	—	164.5B	165.4B	185.6B
Shares outstanding	2.7B	2.7B	2.6B	2.5B	2.5B	2.4B	3B	2.2B	2.2B	2.2B	2.2B

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	22.6	26	15.6	27	28.3	21.8	—	—	22.2	14.3	21.6
P/S	2.38	3.14	2.99	3.13	3.39	2.75	—	—	2.7	2.83	2.66
P/B	7.4	11.7	12.6	11.7	9.74	7.31	—	—	6.27	8.12	7.31
EV/EBITDA	14.7	17.7	14.5	15.1	16.3	14.2	—	—	13.3	13.6	15
EV/Sales	2.65	3.51	3.43	3.56	3.79	3.23	—	—	3.13	3.28	3.22
Earnings yield	4.42%	3.85%	6.42%	3.71%	3.53%	4.58%	—	—	4.5%	7.01%	4.64%
FCF yield	3.99%	3.34%	3.8%	4.05%	4.68%	4.59%	—	—	5.59%	4.73%	5.7%
PEG	—	—	—	—	—	—	—	—	—	—	16.1

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	42.7%	43.1%	43.7%	44%	43.5%	42.3%	40.2%	43.5%	46.7%	46.9%	46.9%
Operating margin	14.6%	16.3%	18.5%	19.1%	18.4%	18.4%	16.2%	17.9%	19.6%	20.1%	20.3%
Net margin	10.5%	12.1%	19.2%	11.6%	12%	12.6%	13.8%	13.8%	12.1%	19.8%	18.3%
ROE	32.7%	45.1%	80.8%	43.4%	34.4%	33.5%	38.1%	34.4%	28.2%	56.9%	31.9%
ROA	9.83%	10.8%	16%	9.3%	8.98%	8.82%	10.6%	9.49%	7.99%	14.2%	8.29%
ROIC	18.4%	20.2%	21.7%	19.7%	18.6%	16.7%	17.6%	16.5%	16.3%	18%	21.4%
Return on tangible assets	354.9%	186.2%	460.6%	219.3%	-273.2%	-317.2%	-261.9%	-194.8%	-310.4%	1.1K%	97.7%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.68	0.73	0.77	0.78	0.78	0.7	0.75	0.76	0.76	0.79	0.74
Quick ratio	0.47	0.56	0.55	0.58	0.57	0.51	0.52	0.54	0.56	0.6	0.6
Debt / equity	0.96	1.66	2.16	2	1.52	1.5	1.31	1.38	1.36	1.57	1.75
Debt / assets	0.29	0.4	0.43	0.43	0.4	0.4	0.37	0.38	0.38	0.39	0.22
Net debt / EBITDA	1.49	1.89	1.85	1.85	1.74	2.09	1.88	2.05	1.86	1.86	0.94
Interest coverage	14.1	15.4	17.9	11.9	12.4	18.2	14.1	10	9.38	8.92	13.8
Effective tax rate	25.7%	20.4%	20.8%	27.3%	24%	22.6%	20%	23.1%	27.9%	28.5%	25%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	19.2	19.9	19.7	20.6	20.1	22	23.6	23.1	23.7	23.1	23.3
EPS (basic)	1.83	2.16	3.5	2.15	2.13	2.33	3	2.9	2.59	4.33	4.33
EPS (diluted)	1.82	2.15	3.48	2.14	2.12	2.32	2.99	2.88	2.58	4.32	2.9
Book value per share	6.2	5.32	4.68	5.5	6.98	8.28	8.52	9.28	10.2	8.05	8.55
FCF per share	1.83	2.08	2.23	2.61	3.18	2.78	2.19	3.57	3.57	3.09	3.56
Cash per share	0.79	1.37	1.51	2.01	2.49	2.03	2.29	2.73	3.44	2.29	2.76
Capex per share	0.6	0.54	0.47	0.48	0.31	0.42	0.54	0.53	—	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.12%	2.72%	2.39%	2.35%	1.53%	1.92%	2.29%	2.28%	—	—	—
Capex / operating cash flow	25.1%	21.3%	14.3%	18.3%	10.8%	15.9%	24.6%	13.7%	—	—	—
Payout ratio	65.1%	60.4%	41.5%	69.8%	70.5%	67.7%	52.4%	61.1%	67.8%	44.5%	76.5%
Dividend yield	2.87%	2.32%	2.67%	2.59%	2.49%	3.1%	—	—	3.05%	3.12%	3.46%

Yield

3.46%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.531

ex-dividend Aug 7, 2026

Payout ratio

77%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

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

Recent payouts

Ex-dividend	Amount
Aug 7, 2026	$0.531
May 15, 2026	$0.545
Feb 27, 2026	$0.555

Period	Q1 08	Q2 08	Q3 08	Q4 08	Q1 09	Q2 09	Q3 09	Q4 09	Q1 10	Q2 10	Q3 10	Q4 10
Revenue	$9.6B	$10.4B	$10.4B	$10.2B	$9.5B	$10.5B	$10.2B	$9.7B	$10.1B	$11.8B	$11.5B	$10.8B
YoY change	+0.48%	-1.47%	+1.8%	+2.64%	-0.69%	+0.81%	-2.17%	-4.85%	+6.71%	+12.4%	+13.2%	+12%

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	2.2B	3.7B	3.9B	5.1B	6.3B	4.8B	6.9B	6.1B	7.6B	5B
Receivables	3.3B	3.4B	4.3B	4.9B	3.4B	3.6B	5.3B	4B	4.2B	7.3B
Inventory	4.3B	4B	4.3B	4.2B	4.5B	4.7B	7B	5.1B	5.2B	4B
Total current assets	13.9B	17B	15.5B	16.4B	16.2B	17.4B	22.5B	17.9B	19.2B	17.1B
Property, plant & equipment	11.7B	10.4B	12.1B	12.1B	10.6B	7.7B	9.5B	8.1B	9B	6.8B
Goodwill & intangibles	54.9B	56.8B	59B	62.1B	69.9B	77.2B	95B	78.9B	81.8B	69.5B
Total assets	56.4B	60.3B	61.1B	64.8B	67.7B	75.1B	91.3B	75.3B	79.8B	70.5B
Accounts payable	8.6B	8.2B	9.1B	9.2B	8.4B	8.9B	13B	10.4B	10.3B	16.9B
Short-term debt	5.3B	7.7B	3.3B	4.5B	4.3B	7.1B	6.5B	4.9B	6.2B	2.5B
Total current liabilities	20.6B	23.2B	20.1B	21B	20.6B	24.8B	29.8B	23.5B	25.2B	21.7B
Long-term debt	11.1B	16.1B	22.8B	23.4B	22.5B	22.6B	26.8B	23.7B	24.5B	25.1B
Total liabilities	39.4B	45.9B	49B	50.9B	50B	55.3B	65.8B	54.5B	57.2B	52.9B
Shareholders' equity	17B	14.4B	12.1B	13.9B	17.7B	19.7B	25.5B	20.8B	22.6B	17.6B
Total debt	16.3B	23.8B	26.2B	27.8B	26.8B	29.7B	33.4B	28.6B	30.7B	27.6B
Net debt	14.5B	20.5B	23B	23.6B	21.2B	26.3B	28.3B	24.4B	24.5B	23.7B

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	Q1 08	Q2 08	Q3 08	Q4 08	Q1 09	Q2 09	Q3 09	Q4 09	Q1 10	Q2 10	Q3 10	Q4 10
Cash & short-term investments	1.4B	1.3B	1.6B	3.2B	2.8B	2.4B	3.3B	2.5B	3.3B	3.5B	4.2B	2B
Receivables	4.8B	5.5B	5.2B	3.8B	4.7B	4.8B	4.4B	2.3B	—	—	—	2.5B
Inventory	4.3B	4.4B	4.4B	3.9B	4.2B	3.8B	3.7B	3.6B	4.2B	4.4B	4.4B	4.3B
Total current assets	10.9B	11.8B	11.6B	11.2B	12B	11.2B	11.7B	10.8B	12.1B	13.4B	13.6B	12.5B
Property, plant & equipment	5.9B	6B	—	6B	6.1B	—	—	9.9B	—	—	—	7.9B
Goodwill & intangibles	32.3B	32.9B	33.2B	32.2B	33.2B	33.9B	33.5B	34.1B	35.2B	36.8B	34.8B	36.5B
Total assets	37.3B	38.3B	38.7B	36.1B	37.5B	37.5B	37.9B	37B	39.3B	42B	40.9B	41.2B
Accounts payable	8.4B	8.4B	8.3B	7.8B	7.9B	8.4B	8.6B	4B	9.3B	10.3B	9.7B	6B
Short-term debt	4.1B	—	4.5B	4.8B	4B	2.5B	1.5B	2.3B	2.4B	2.9B	2.6B	2B
Total current liabilities	13.8B	15.7B	14.5B	13.8B	13B	12B	11.3B	11.6B	12.6B	14.1B	13.3B	13.6B
Long-term debt	5.7B	—	5.9B	6.4B	7.9B	8.8B	8.8B	7.7B	8B	8.2B	7.7B	7.1B
Total liabilities	24.9B	26.6B	25.7B	25.8B	26.6B	26.9B	25.9B	24.5B	26B	28.9B	27.1B	26.1B
Shareholders' equity	12.4B	11.8B	13B	10.4B	10.9B	10.6B	12B	12.5B	13.3B	13.1B	13.8B	15.1B
Total debt	9.8B	—	10.3B	11.2B	11.9B	11.3B	10.3B	10B	10.4B	11.1B	10.3B	9.1B
Net debt	8.5B	—	9B	8.6B	9.4B	9.2B	7.6B	8.1B	7.7B	8B	6.5B	7.7B

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	5.5B	6.5B	9.8B	6B	6.1B	6.6B	9.7B	6.6B	6B	6.2B
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	198M	284M	196M	151M	108M	161M	207.7M	192M	292M	255M
Change in working capital	332M	-610M	-1.8B	-132M	538M	-765M	-3.8B	1B	-401M	-2.9B
Operating cash flow	6.6B	6.9B	8.6B	6.7B	7.2B	6.3B	6.6B	8.6B	9.5B	8.3B
Capital expenditure	-1.6B	-1.5B	-1.2B	-1.2B	-774M	-1B	-1.6B	-1.2B	—	—
Investing cash flow	-3.2B	-6B	4.6B	-2.3B	-1.7B	-3.3B	2.6B	-2.5B	343M	-2.2B
Dividends paid	-3.6B	-3.9B	-4.1B	-4.2B	-4.3B	-4.5B	-5.1B	-4.4B	-4.3B	-4.5B
Share repurchases	-257M	-5.7B	-6.3B	-201M	0	-3B	-1.8B	-1.5B	-1.5B	-1.5B
Financing cash flow	-2.6B	-949M	-11.1B	-3.5B	-4.7B	-6.1B	-9.7B	-5B	-5.7B	-5.5B
Net change in cash	746M	-78M	2.1B	799M	772M	-3.2B	-551.4M	1.1B	4.2B	607M
Free cash flow	5B	5.6B	5.8B	6.6B	8B	6.6B	6.5B	8B	7.9B	6.8B

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	Q1 08	Q2 08	Q3 08	Q4 08	Q1 09	Q2 09	Q3 09	Q4 09	Q1 10	Q2 10	Q3 10	Q4 10
Net income	1.8B	570M	1.7B	1.2B	803M	833M	1.1B	906M	1.1B	1.2B	1.3B	1B
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	22M	32M	31M	40M	31M	34M	63M	67M	44M	30M	40M	30M
Change in working capital	-1.2B	-918M	—	—	-1.1B	—	—	—	—	—	—	—
Operating cash flow	606M	-626M	1.1B	286M	-68M	1.1B	1.3B	478M	1.2B	1.2B	1.4B	1.3B
Capital expenditure	-217M	-274M	—	—	-225M	—	—	—	—	—	—	—
Investing cash flow	351M	-826M	896M	1.7B	-422M	-641M	-352M	1.1B	130M	-40M	-188M	-431M
Dividends paid	-39M	-1.4B	-272M	-906M	-107M	-1.5B	-203M	-860M	-652M	-753M	-647M	-271M
Share repurchases	-604M	-500M	-396M	-3M	-8M	8M	0	0	-3M	—	—	—
Financing cash flow	-376M	-127M	-738M	-4.4B	358M	-1.5B	-282M	-5.3B	-662M	-833M	-729M	-397M
Net change in cash	581M	-1.6B	1.3B	-2.4B	-132M	-1B	678M	-3.8B	701M	326M	530M	478M
Free cash flow	-170M	574M	2.1B	121M	-78M	2.1B	2.1B	311M	588M	1.6B	1.6B	-191M

Date	Ratio
Dec 9, 2025	888:1000
May 25, 2006	9:5
Oct 21, 1997	4:1
Jul 14, 1987	5:1

Unilever PLC Sponsored American Depositary Receipt 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