Also trades as: PPRUY (OTC) · $vol 10M · PPX.DE (XETRA) · $vol 0M · PPRUF (OTC) · $vol 0M

€207.80 ($232.95)

-2.50 (-1.19%)

Weekly Expected Move ±4.4%

€192 €201 €210 €220 €229

PAR · Consumer Cyclical · Luxury Goods · Tech Score Strong Sell · Power 34 · €25.8B mcap · 70M float · 0.453% daily turnover

Revenue

$14.7B -14.7% ▼

5Y CAGR: +2.3%

Gross Profit

$7.9B -37.8% ▼

5Y CAGR: -3.7%

Operating Income

$1.6B -29.5% ▼

5Y CAGR: -13.1%

Net Income

$72M -93.6% ▼

5Y CAGR: -49.3%

EPS (Diluted)

$0.59 -93.6% ▼

5Y CAGR: -49.1%

EBITDA

$3.7B -21.3% ▼

5Y CAGR: -4.3%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$17.6B	$20.4B	$19.6B	$17.2B	$14.7B
YoY Growth	+34.7%	+15.3%	-3.9%	-12.1%	-14.7%
Cost of Revenue	$4.6B	$5.2B	$4.6B	$4.5B	$6.8B
Gross Profit	$13.1B	$15.2B	$14.9B	$12.7B	$7.9B
Gross Margin	74.1%	74.7%	76.3%	73.8%	53.7%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$8.1B	$9.6B	$10.2B	$10.4B	$0
Operating Expenses	$8.1B	$9.6B	$10.2B	$10.4B	$6.3B
Operating Income	$4.8B	$5.6B	$4.7B	$2.3B	$1.6B
Operating Margin	27.2%	27.5%	24.3%	13.4%	11.1%
Interest Expense	$168M	$196M	$361M	$619M	$594M
Income Before Tax	$4.5B	$5.1B	$4.2B	$1.7B	$393M
Tax Expense	$1.3B	$1.4B	$1.2B	$461M	$354M
Net Income	$3.2B	$3.6B	$3.0B	$1.1B	$72M
Net Margin	18.0%	17.8%	15.2%	6.6%	0.5%
EPS (Diluted)	$25.49	$29.31	$24.37	$9.24	$0.59
EBITDA	$6.1B	$7.0B	$6.4B	$4.7B	$3.7B
Shares Outstanding	125M	123M	122M	123M	122M

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$10.4B	$10.1B	$9.4B	$9.0B	$8.2B	$7.6B	$7.1B	$7.2B
Cost of Revenue	$2.6B	$2.4B	$2.2B	$2.3B	$2.2B	$2.0B	$2.0B	$2.0B
Gross Profit	$7.8B	$7.7B	$7.2B	$6.7B	$6.0B	$5.5B	$5.1B	$5.2B
Gross Margin	75.0%	76.3%	76.3%	74.4%	73.1%	73.0%	72.2%	71.6%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$5.1B	$5.0B	$2.2B	$1.5B	-$1.5B	$4.6B	$1.7B	$4.2B
Operating Expenses	$5.1B	$5.0B	$2.2B	$5.1B	$5.2B	$4.6B	$4.5B	$4.2B
Operating Income	$2.8B	$2.7B	$5.0B	$1.6B	$743M	$969M	$662M	$921M
Operating Margin	26.6%	27.0%	52.9%	17.4%	9.1%	12.8%	9.3%	12.8%
Interest Expense	$109M	$138M	$239M	$292M	$327M	$319M	$311M	$311M
Income Before Tax	$2.3B	$2.5B	$1.7B	$1.3B	$417M	$722M	-$329M	$395M
Tax Expense	$673M	$692M	$471M	$345M	$116M	$199M	$155M	$204M
Net Income	$1.6B	$1.8B	$1.2B	$878M	$255M	$474M	-$402M	$189M
Net Margin	15.6%	17.6%	12.7%	9.7%	3.1%	6.2%	-5.7%	2.6%
EPS (Diluted)	$13.23	$14.59	$9.78	$7.16	$2.08	$3.86	$-3.27	$1.54
EBITDA	$3.6B	$3.6B	$2.9B	$2.1B	$2.6B	$2.1B	$1.6B	$1.9B
Shares Outstanding	123M	122M	122M	123M	123M	123M	123M	123M

KER.PA PAR