Unilever PLC ADR (UL) financial statements

Consumer Defensive · Household & Personal Products · Market cap $135.0B

Unilever PLC ADR reported revenue of 50.5B EUR in fiscal 2025, down 0.5% a year over 9 years.

Net income was 9.5B EUR and the operating margin 17.9%, against 14.8% in 2016.

Free cash flow was 6.8B EUR, and the company returned 4.5B EUR in dividends.

The diluted share count fell 23% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions (EUR).

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<p style="font-size:13px">Source: <a href="https://investingly.io/stocks/UL/financials">Unilever PLC ADR financials</a> on Investingly</p>

Income statement

Fiscal years, in EUR, from Unilever PLC ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	52.7B EUR	53.7B EUR	51.0B EUR	52.0B EUR	50.7B EUR	52.4B EUR	60.1B EUR	51.7B EUR	52.5B EUR	50.5B EUR
Cost of revenue	30.2B EUR	30.5B EUR	28.7B EUR	29.1B EUR	28.7B EUR	30.3B EUR	35.9B EUR	29.2B EUR	28.0B EUR	26.8B EUR
Gross profit	22.5B EUR	23.2B EUR	22.3B EUR	22.9B EUR	22.0B EUR	22.2B EUR	24.2B EUR	22.5B EUR	24.5B EUR	23.7B EUR
Research and development	—	—	—	—	800M EUR	847M EUR	908M EUR	853M EUR	892M EUR	836M EUR
Selling, general and admin	14.7B EUR	13.7B EUR	12.8B EUR	12.9B EUR	12.7B EUR	12.5B EUR	14.5B EUR	13.4B EUR	14.3B EUR	13.6B EUR
Operating income	7.8B EUR	9.0B EUR	12.6B EUR	8.7B EUR	8.3B EUR	8.7B EUR	10.8B EUR	9.0B EUR	8.8B EUR	9.0B EUR
Interest expense	584M EUR	683M EUR	718M EUR	821M EUR	1.2B EUR	491M EUR	818M EUR	922M EUR	994M EUR	1.0B EUR
Pre-tax income	7.5B EUR	8.1B EUR	12.4B EUR	8.3B EUR	8.0B EUR	8.6B EUR	10.3B EUR	8.6B EUR	8.4B EUR	8.7B EUR
Income tax	1.9B EUR	1.7B EUR	2.6B EUR	2.3B EUR	1.9B EUR	1.9B EUR	2.1B EUR	2.0B EUR	2.3B EUR	2.5B EUR
Net income	5.2B EUR	6.0B EUR	9.4B EUR	5.6B EUR	5.6B EUR	6.0B EUR	7.6B EUR	6.5B EUR	5.7B EUR	9.5B EUR
EPS (diluted)	1.82 EUR	2.14 EUR	3.48 EUR	2.14 EUR	2.12 EUR	2.32 EUR	2.99 EUR	2.89 EUR	2.58 EUR	4.32 EUR
Diluted shares	2.85B	2.81B	2.69B	2.63B	2.63B	2.61B	2.56B	2.25B	2.23B	2.20B
Gross margin	42.7%	43.2%	43.7%	44.0%	43.5%	42.3%	40.2%	43.5%	46.7%	46.9%
Operating margin	14.8%	16.7%	24.8%	16.8%	16.4%	16.6%	17.9%	17.4%	16.8%	17.9%
Net margin	9.8%	11.2%	18.4%	10.8%	11.0%	11.5%	12.7%	12.6%	10.9%	18.7%

Balance sheet

Fiscal years, in EUR, from Unilever PLC ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Cash and short-term investments	3.4B EUR	3.3B EUR	3.2B EUR	4.2B EUR	5.5B EUR	3.4B EUR	4.3B EUR	4.2B EUR	6.1B EUR	3.9B EUR
Receivables	5.1B EUR	5.2B EUR	6.5B EUR	6.7B EUR	4.9B EUR	5.4B EUR	7.1B EUR	5.8B EUR	6.0B EUR	7.3B EUR
Inventory	4.3B EUR	4.0B EUR	4.3B EUR	4.2B EUR	4.5B EUR	4.7B EUR	5.9B EUR	5.1B EUR	5.2B EUR	4.0B EUR
Total current assets	13.9B EUR	17.0B EUR	15.5B EUR	16.4B EUR	16.2B EUR	17.4B EUR	19.2B EUR	17.9B EUR	19.2B EUR	17.1B EUR
Property, plant and equipment	11.7B EUR	10.4B EUR	12.1B EUR	12.1B EUR	10.6B EUR	10.3B EUR	9.4B EUR	9.4B EUR	10.3B EUR	7.8B EUR
Goodwill	17.6B EUR	16.9B EUR	17.3B EUR	18.1B EUR	18.9B EUR	20.3B EUR	21.6B EUR	21.1B EUR	22.3B EUR	17.7B EUR
Total assets	56.4B EUR	60.3B EUR	61.1B EUR	64.8B EUR	67.7B EUR	75.1B EUR	77.8B EUR	75.3B EUR	79.8B EUR	70.5B EUR
Total current liabilities	20.6B EUR	23.2B EUR	20.1B EUR	21.0B EUR	20.6B EUR	24.8B EUR	25.4B EUR	23.5B EUR	25.2B EUR	21.7B EUR
Total liabilities	39.4B EUR	45.9B EUR	49.0B EUR	50.9B EUR	50.0B EUR	55.3B EUR	56.1B EUR	54.5B EUR	57.2B EUR	52.9B EUR
Shareholders' equity	16.4B EUR	13.6B EUR	11.4B EUR	13.2B EUR	15.3B EUR	17.1B EUR	19.0B EUR	18.1B EUR	20.0B EUR	15.5B EUR
Net debt	-3.4B EUR	-3.3B EUR	-3.2B EUR	-4.2B EUR	-5.5B EUR	-3.4B EUR	-4.3B EUR	-4.2B EUR	-6.1B EUR	-3.9B EUR

Cash flow

Fiscal years, in EUR, from Unilever PLC ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	7.0B EUR	7.9B EUR	7.3B EUR	8.1B EUR	9.1B EUR	8.0B EUR	7.3B EUR	9.4B EUR	9.5B EUR	8.3B EUR
Capital spending	2.0B EUR	1.7B EUR	1.5B EUR	1.5B EUR	1.0B EUR	1.3B EUR	1.7B EUR	1.4B EUR	1.6B EUR	1.6B EUR
Free cash flow	5.0B EUR	6.2B EUR	5.8B EUR	6.6B EUR	8.0B EUR	6.6B EUR	5.6B EUR	8.0B EUR	7.9B EUR	6.8B EUR
Stock-based compensation	198M EUR	284M EUR	196M EUR	151M EUR	108M EUR	161M EUR	177M EUR	192M EUR	292M EUR	255M EUR
Dividends paid	3.6B EUR	3.9B EUR	4.1B EUR	4.2B EUR	4.3B EUR	4.5B EUR	4.4B EUR	4.3B EUR	4.3B EUR	4.5B EUR
Net borrowing	1.5B EUR	6.2B EUR	4.0B EUR	999M EUR	-460M EUR	1.2B EUR	-664M EUR	948M EUR	388M EUR	731M EUR
Free cash flow margin	9.5%	11.6%	11.3%	12.7%	15.8%	12.6%	9.3%	15.5%	15.1%	13.4%
Dividends per share	1.26 EUR	1.39 EUR	1.51 EUR	1.61 EUR	1.64 EUR	1.71 EUR	1.70 EUR	1.92 EUR	1.94 EUR	2.03 EUR

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Questions

What was Unilever PLC ADR's revenue in 2025?

50.5B EUR in fiscal 2025, from its 10-K filing.

How much free cash flow does Unilever PLC ADR generate?

6.8B EUR in fiscal 2025 (operating cash flow minus capital spending).

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