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Unilever PLC

LSE:ULVR.LConsumer DefensiveFTSE:ASXFTSE:NMX

£49.04−1.24%At closeAt close · Mon 19 Oct · ≈ AED 240.06 · Market cap $139.39B · Next earnings Thu 11 Feb

EUR billions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	YoY
Revenue	50.7	52.4	60.1	59.6	60.8	50.5	−16.9%
Cost of revenue	28.7	30.3	35.9	34.4	33.4	26.8	−19.8%
Gross profit	22.0	22.2	24.2	25.2	27.4	23.7	−13.4%
Research & development	0.8	0.8	0.9	0.9	1.0	0.8	−16.8%
Selling, general & administrative	11.9	11.7	14.4	14.3	15.2	12.6	−17.4%
Selling & marketing	7.1	6.9	7.8	8.5	9.4	0.0	−100.0%
Operating expenses	12.7	12.6	14.4	15.4	18.0	13.6	−24.4%
Operating income	8.3	8.7	10.8	9.8	9.4	9.9	+5.4%
Interest expense	0.7	0.5	0.8	1.1	1.1	1.0	−10.1%
Interest income	0.2	0.1	0.3	0.4	0.4	0.4	−10.8%
Other income / expense	(0.3)	(1.1)	(0.4)	(0.4)	(0.5)	(1.4)	−157.2%
Pre-tax income	8.0	8.6	10.3	9.3	8.9	8.5	−3.7%
Income tax	1.9	1.9	2.1	2.2	2.5	2.4	−2.6%
Net income	5.6	6.0	7.6	6.5	5.7	6.0	+4.2%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.4	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—
EPS, basic (per share)	2.13	2.33	2.92	2.56	2.30	2.74	+19.1%
EPS, diluted (per share)	2.12	2.32	2.92	2.56	2.29	2.73	+19.2%
EBITDA	10.7	10.8	13.1	12.0	11.7	11.1	−5.4%
Depreciation & amortization	2.0	1.8	1.9	1.6	1.8	1.4	−23.0%
Weighted average shares (shares)	2,620,300,000	2,599,900,000	2,548,200,000	2,532,400,000	2,507,100,000	2,184,000,000	−12.9%
Weighted average diluted shares (shares)	2,629,800,000	2,609,600,000	2,620,300,000	2,532,400,000	2,507,100,000	2,195,300,000	−12.4%
Gross margin	43.5%	42.3%	40.2%	42.2%	45.0%	46.9%	+1.9 pts
Operating margin	16.4%	16.6%	17.9%	16.4%	15.5%	19.6%	+4.1 pts
Net margin	11.0%	11.5%	12.7%	10.9%	9.5%	11.9%	+2.4 pts

EUR billionsUpdated 31 Dec 2025 ·

ⓘ

Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.

Statements are reported in EUR; the shares trade in GBP.

EUR billions

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

Trend

YoY

Revenue

50.7

52.4

60.1

59.6

60.8

50.5

−16.9%

Cost of revenue

28.7

30.3

35.9

34.4

33.4

26.8

−19.8%

Gross profit

22.0

22.2

24.2

25.2

27.4

23.7

−13.4%

Research & development

0.8

0.9

1.0

0.8

−16.8%

Selling, general & administrative

11.9

11.7

14.4

14.3

15.2

12.6

−17.4%

Selling & marketing

7.1

6.9

7.8

8.5

9.4

0.0

−100.0%

Operating expenses

12.7

12.6

14.4

15.4

18.0

13.6

−24.4%

Operating income

8.3

8.7

10.8

9.8

9.4

9.9

+5.4%

Interest expense

0.7

0.5

0.8

1.1

1.0

−10.1%

Interest income

0.2

0.1

0.3

0.4

−10.8%

Other income / expense

(0.3)

(1.1)

(0.4)

(0.5)

(1.4)

−157.2%

Pre-tax income

8.0

8.6

10.3

9.3

8.9

8.5

−3.7%

Income tax

1.9

2.1

2.2

2.5

2.4

−2.6%

Net income

5.6

6.0

7.6

6.5

5.7

6.0

+4.2%

Discontinued operations

0.0

0.4

—

Other net income adjustments

0.0

—

EPS, basic (per share)

2.13

2.33

2.92

2.56

2.30

2.74

+19.1%

EPS, diluted (per share)

2.12

2.32

2.92

2.56

2.29

2.73

+19.2%

EBITDA

10.7

10.8

13.1

12.0

11.7

11.1

−5.4%

Depreciation & amortization

2.0

1.8

1.9

1.6

1.8

1.4

−23.0%

Weighted average shares (shares)

2,620,300,000

2,599,900,000

2,548,200,000

2,532,400,000

2,507,100,000

2,184,000,000

−12.9%

Weighted average diluted shares (shares)

2,629,800,000

2,609,600,000

2,620,300,000

2,532,400,000

2,507,100,000

2,195,300,000

−12.4%

Gross margin

43.5%

42.3%

40.2%

42.2%

45.0%

46.9%

+1.9 pts

Operating margin

16.4%

16.6%

17.9%

16.4%

15.5%

19.6%

+4.1 pts

Net margin

11.0%

11.5%

12.7%

10.9%

9.5%

11.9%

+2.4 pts