Perrigo Company (PRGO) financial statements

Healthcare · Drug Manufacturers - Specialty & Generic · Market cap $2.1B

Perrigo Company reported revenue of $4.3B in fiscal 2025, down 2.4% a year over 9 years.

Net income was -$1.4B and the operating margin -26.4%, against -37.9% in 2016.

Free cash flow was $145M, and the company returned $159M in dividends.

The diluted share count fell 3% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions.

02462016201720182019202020212022202320242025RevenueFree cash flow
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Income statement

Fiscal years, from Perrigo Company's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
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$3.0B$2.9B$2.4B$2.6B$2.7B$3.0B$3.0B$2.8B$2.8B
Gross profit$2.1B$2.0B$1.8B$1.4B$1.5B$1.4B$1.5B$1.7B$1.5B$1.5B
Research and development$184M$168M$219M$119M$122M$122M$123M$122M$112M$95M
Selling, general and admin$1.1B$1.1B$1.0B$1.0B$1.0B$1.0B$1.1B$1.2B$1.0B$962M
Operating income-$2.0B$598M$236M$175M$265M$410M$79M$152M$113M-$1.1B
Pre-tax income-$4.8B$280M$291M-$204M-$180M$259M-$139M-$8M-$81M-$1.3B
Income tax-$836M$160M$160M-$11M-$38M$390M-$8M-$4M$80M$104M
Net income-$4.0B$120M$131M$146M-$163M-$69M-$141M-$13M-$172M-$1.4B
EPS (diluted)-$28.01$0.84$0.95$1.07-$1.19-$0.52-$1.04-$0.09-$1.25-$10.29
Diluted shares143M143M138M136M137M134M134M135M137M138M
Gross margin38.9%40.0%38.7%37.0%36.6%34.2%32.7%36.1%35.3%35.1%
Operating margin-37.9%12.1%5.0%4.5%6.5%9.9%1.8%3.3%2.6%-26.4%
Net margin-76.0%2.4%2.8%3.8%-4.0%-1.7%-3.2%-0.3%-3.9%-33.5%

Balance sheet

Fiscal years, from Perrigo Company's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Cash and short-term investments$622M$679M$551M$354M$632M$1.9B$601M$751M$559M$532M
Receivables$1.2B$1.1B$1.1B$1.2B$594M$653M$697M$740M$642M$613M
Inventory$795M$807M$878M$967M$1.1B$1.0B$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 and equipment$870M$833M$829M$774M$865M$864M$926M$916M$918M$899M
Goodwill$4.0B$4.2B$4.0B$3.1B$3.1B$3.0B$3.5B$3.5B$3.3B$2.1B
Total assets$13.9B$11.6B$11.0B$11.3B$11.5B$10.4B$11.0B$10.8B$9.6B$8.5B
Total current liabilities$1.8B$1.4B$1.5B$1.3B$1.4B$1.6B$1.1B$1.6B$1.0B$1.0B
Long-term debt$5.2B$3.3B$3.1B$3.4B$3.5B$2.9B$4.1B$3.6B$3.6B$3.6B
Total liabilities$7.9B$5.5B$5.3B$5.5B$5.8B$5.3B$6.2B$6.0B$5.3B$5.6B
Shareholders' equity$6.0B$6.2B$5.7B$5.8B$5.7B$5.2B$4.8B$4.8B$4.3B$2.9B
Net debt$5.2B$2.7B$2.7B$3.0B$2.9B$1.7B$3.5B$3.3B$3.1B$3.1B

Cash flow

Fiscal years, from Perrigo Company's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Operating cash flow$655M$699M$593M$388M$636M$156M$307M$406M$363M$238M
Capital spending$106M$89M$103M$138M$170M$152M$96M$102M$118M$93M
Free cash flow$549M$610M$490M$250M$466M$4M$211M$304M$245M$145M
Stock-based compensation$23M$44M$38M$52M$58M$60M$55M$69M$64M$55M
Dividends paid$83M$91M$105M$112M$124M$130M$142M$150M$152M$159M
Share buybacks (net)$0-$192M-$400M$0-$164M$0$0———
Net borrowing$631M-$2.6B-$52M$124M$154M-$31M$617M-$30M-$438M-$35M
Free cash flow margin10.4%12.3%10.4%6.5%11.4%0.1%4.7%6.5%5.6%3.4%
Dividends per share$0.58$0.64$0.76$0.82$0.90$0.97$1.06$1.11$1.11$1.15
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Questions

What was Perrigo Company's revenue in 2025?

$4.3B in fiscal 2025, from its 10-K filing.

How much free cash flow does Perrigo Company generate?

$145M in fiscal 2025 (operating cash flow minus capital spending).

From Perrigo Company's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.