BAE Systems plc
BA.LFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
32,890
Cost of Revenue
11,356
Gross Profit
21,534
Gross Margin
65.5%
Operating Income
3,356
Operating Margin
10.2%
Net Income
2,445
Net Margin
7.4%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
4,965
EBITDA Margin
15.1%
2023
12/31/2023
Revenue
28,848
Cost of Revenue
9,979
Gross Profit
18,869
Gross Margin
65.4%
Operating Income
3,216
Operating Margin
11.1%
Net Income
2,321
Net Margin
8.0%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
4,309
EBITDA Margin
14.9%
2022
12/31/2022
Revenue
26,573
Cost of Revenue
19,191
Gross Profit
7,381
Gross Margin
27.8%
Operating Income
2,563
Operating Margin
9.6%
Net Income
1,989
Net Margin
7.5%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
3,514
EBITDA Margin
13.2%
2021
12/31/2021
Revenue
24,401
Cost of Revenue
17,911
Gross Profit
6,490
Gross Margin
26.6%
Operating Income
2,333
Operating Margin
9.6%
Net Income
2,198
Net Margin
9.0%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
3,635
EBITDA Margin
14.9%
2020
12/31/2020
Revenue
24,096
Cost of Revenue
17,669
Gross Profit
6,428
Gross Margin
26.7%
Operating Income
2,129
Operating Margin
8.8%
Net Income
1,624
Net Margin
6.7%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
3,018
EBITDA Margin
12.5%