Carlsberg has been growing earnings at an average annual rate of 3.7%, while the Beverage industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 4% per year. Carlsberg's return on equity is 32.7%, and it has net margins of 9.1%.
Key information
3.7%
Earnings growth rate
6.1%
EPS growth rate
Beverage Industry Growth
4.4%
Revenue growth rate
4.0%
Return on equity
32.7%
Net Margin
9.1%
Next Earnings Update
06 Feb 2025
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Carlsberg makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:CABG.Y Revenue, expenses and earnings (DKK Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Jun 24
74,563
6,798
23,422
0
31 Mar 24
74,074
6,879
22,942
0
31 Dec 23
73,585
6,960
22,462
0
30 Jun 23
72,606
7,569
22,069
0
31 Mar 23
71,436
7,291
21,837
0
31 Dec 22
70,265
7,012
21,604
0
30 Sep 22
68,569
7,386
20,894
0
30 Jun 22
66,872
7,759
20,184
0
31 Mar 22
63,485
7,445
19,537
0
31 Dec 21
60,097
7,130
18,890
0
30 Sep 21
59,240
6,509
18,729
0
30 Jun 21
58,383
5,888
18,568
0
31 Mar 21
58,462
5,959
18,720
0
31 Dec 20
58,541
6,030
18,872
0
30 Sep 20
60,142
6,188
19,828
0
30 Jun 20
61,742
6,345
20,783
0
31 Mar 20
63,822
6,457
21,705
0
31 Dec 19
65,902
6,569
22,626
0
30 Sep 19
65,215
6,243
22,345
0
30 Jun 19
64,527
5,917
22,063
0
31 Mar 19
63,515
5,613
22,115
0
31 Dec 18
62,503
5,309
22,166
0
30 Sep 18
61,474
3,368
21,936
0
30 Jun 18
60,445
1,426
21,705
0
31 Mar 18
60,550
1,343
21,755
0
31 Dec 17
60,655
1,259
21,805
0
30 Sep 17
61,601
3,091
22,404
0
30 Jun 17
62,547
4,923
23,003
0
31 Mar 17
62,581
4,705
23,411
0
31 Dec 16
62,614
4,486
23,819
0
30 Sep 16
61,585
3,255
23,676
0
30 Jun 16
64,195
-2,554
24,001
0
31 Mar 16
67,505
-1,902
24,664
0
31 Dec 15
65,354
-2,926
24,212
0
30 Sep 15
65,026
-2,836
24,038
0
30 Jun 15
64,850
3,766
23,914
0
31 Mar 15
65,081
4,391
23,603
0
31 Dec 14
64,506
4,414
23,454
0
30 Sep 14
65,347
5,373
23,486
0
30 Jun 14
64,646
5,478
23,200
0
31 Mar 14
64,542
5,342
22,977
0
31 Dec 13
64,350
5,471
22,711
0
Quality Earnings: CABG.Y has high quality earnings.
Growing Profit Margin: CABG.Y's current net profit margins (9.1%) are lower than last year (10.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CABG.Y's earnings have grown by 3.7% per year over the past 5 years.
Accelerating Growth: CABG.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CABG.Y had negative earnings growth (-10.2%) over the past year, making it difficult to compare to the Beverage industry average (10.8%).
Return on Equity
High ROE: Whilst CABG.Y's Return on Equity (32.75%) is high, this metric is skewed due to their high level of debt.