GRFS Financial Statements

Balance sheet, income statement, cash flow, and dividends for Grifols Sa (GRFS).


€5.12B Market Cap.

As of 04/11/2025 5:00 PM ET (MRY) • Disclaimer

GRFS Market Cap. (MRY)


GRFS Shares Outstanding (MRY)


GRFS Assets (MRY)


Total Assets

€21.41B

Total Liabilities

€12.80B

Total Investments

€803.06M

GRFS Income (MRY)


Revenue

€7.21B

Net Income

€156.92M

Operating Expense

€1.64B

GRFS Cash Flow (MRY)


CF Operations

€902.17M

CF Investing

€886.67M

CF Financing

-€1.36B

GRFS Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0.46

4.10%

116.11%

162.86%

0.61

2020

$0.21

1.10%

-

23.44%

4.27

GRFS Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

€21,405,241,000 (-0.17%)

€21,441,054,000 (-0.43%)

€21,533,977,000 (11.96%)

€19,233,835,000 (25.92%)

Assets Current

€5,727,542,000 (-11.23%)

€6,451,905,000 (38.64%)

€4,653,587,000 (-15.55%)

€5,510,280,000 (74.10%)

Assets Non-Current

€15,677,699,000 (4.59%)

€14,989,149,000 (-11.20%)

€16,880,390,000 (23.00%)

€13,723,555,000 (13.33%)

Goodwill & Intangible Assets

€10,329,188,000 (7.21%)

€9,634,323,000 (-3.28%)

€9,961,056,000 (26.64%)

€7,865,851,000 (14.16%)

Shareholders Equity

€5,883,727,000 (0.97%)

€5,827,166,000 (-4.94%)

€6,129,938,000 (10.98%)

€5,523,609,000 (8.13%)

Property Plant & Equipment Net

€4,310,150,000 (2.81%)

€4,192,363,000 (0.57%)

€4,168,489,000 (24.69%)

€3,343,154,000 (11.33%)

Cash & Equivalents

€979,780,000 (85.01%)

€529,577,000 (-3.36%)

€547,979,000 (-16.40%)

€655,493,000 (13.08%)

Accumulated Other Comprehensive Income

€776,418,000 (90.55%)

€407,469,000 (-43.96%)

€727,111,000 (116.82%)

€335,352,000 (222.53%)

Deferred Revenue

€0 (0%)

€0 (0%)

€0 (0%)

€0 (0%)

Total Investments

€803,062,000 (-5.73%)

€851,878,000 (-67.48%)

€2,619,585,000 (-40.35%)

€4,391,750,000 (111.32%)

Investments Current

€243,574,000 (73.69%)

€140,232,000 (221.17%)

€43,663,000 (-97.85%)

€2,029,707,000 (18156.04%)

Investments Non-Current

€559,488,000 (-21.38%)

€711,646,000 (-72.37%)

€2,575,922,000 (9.05%)

€2,362,043,000 (14.26%)

Inventory

€3,560,098,000 (2.91%)

€3,459,277,000 (8.06%)

€3,201,357,000 (41.69%)

€2,259,354,000 (12.84%)

Trade & Non-Trade Receivables

€835,597,000 (8.91%)

€767,259,000 (3.87%)

€738,651,000 (47.82%)

€499,708,000 (9.68%)

Trade & Non-Trade Payables

€1,062,484,000 (12.28%)

€946,295,000 (11.77%)

€846,648,000 (8.43%)

€780,826,000 (5.13%)

Accumulated Retained Earnings (Deficit)

€156,920,000 (164.55%)

€59,315,000 (-71.52%)

€208,279,000 (10.36%)

€188,726,000 (-69.49%)

Tax Assets

€394,262,000 (11.84%)

€352,508,000 (52.14%)

€231,705,000 (40.47%)

€164,955,000 (-23.09%)

Tax Liabilities

€1,072,239,000 (6.89%)

€1,003,152,000 (-4.51%)

€1,050,510,000 (64.53%)

€638,500,000 (13.96%)

Total Debt

€10,166,731,000 (-8.05%)

€11,057,218,000 (2.80%)

€10,756,248,000 (5.38%)

€10,207,241,000 (45.26%)

Debt Current

€676,087,000 (-33.95%)

€1,023,614,000 (28.65%)

€795,686,000 (-67.37%)

€2,438,291,000 (474.24%)

Debt Non-Current

€9,490,644,000 (-5.41%)

€10,033,604,000 (0.73%)

€9,960,562,000 (28.21%)

€7,768,950,000 (17.67%)

Total Liabilities

€12,798,216,000 (-4.98%)

€13,468,569,000 (3.00%)

€13,076,433,000 (9.73%)

€11,916,737,000 (39.30%)

Liabilities Current

€2,156,146,000 (-6.89%)

€2,315,604,000 (18.39%)

€1,955,847,000 (-43.71%)

€3,474,312,000 (160.22%)

Liabilities Non-Current

€10,642,070,000 (-4.58%)

€11,152,965,000 (0.29%)

€11,120,586,000 (31.72%)

€8,442,425,000 (16.94%)

GRFS Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

€7,212,382,000 (9.41%)

€6,591,977,000 (8.71%)

€6,063,967,000 (22.92%)

€4,933,118,000 (-7.62%)

Cost of Revenue

€4,417,844,000 (7.82%)

€4,097,406,000 (6.91%)

€3,832,437,000 (29.02%)

€2,970,522,000 (-3.71%)

Selling General & Administrative Expense

€1,255,291,000 (-8.15%)

€1,366,673,000 (14.81%)

€1,190,423,000 (12.14%)

€1,061,508,000 (7.70%)

Research & Development Expense

€384,036,000 (-2.85%)

€395,282,000 (9.45%)

€361,140,000 (1.76%)

€354,881,000 (20.62%)

Operating Expenses

€1,639,327,000 (-6.96%)

€1,761,955,000 (13.56%)

€1,551,563,000 (9.54%)

€1,416,389,000 (10.67%)

Interest Expense

€714,765,000 (19.75%)

€596,864,000 (20.21%)

€496,524,000 (78.61%)

€277,994,000 (11.36%)

Income Tax Expense

€231,190,000 (433.32%)

€43,349,000 (-51.89%)

€90,111,000 (5.86%)

€85,126,000 (-49.82%)

Net Loss Income from Discontinued Operations

€0 (0%)

€0 (0%)

€0 (0%)

€0 (0%)

Consolidated Income

€212,806,000 (17.79%)

€180,669,000 (-33.37%)

€271,146,000 (2.19%)

€265,327,000 (-62.58%)

Net Income to Non-Controlling Interests

€55,886,000 (-53.95%)

€121,354,000 (93.03%)

€62,867,000 (-17.93%)

€76,601,000 (-15.31%)

Net Income

€156,920,000 (164.55%)

€59,315,000 (-71.52%)

€208,279,000 (10.36%)

€188,726,000 (-69.49%)

Preferred Dividends Income Statement Impact

€0 (0%)

€0 (0%)

€0 (0%)

€0 (0%)

Net Income Common Stock

€156,920,000 (164.55%)

€59,315,000 (-71.52%)

€208,279,000 (10.36%)

€188,726,000 (-69.49%)

Weighted Average Shares

€687,554,908 (0.00%)

€687,554,908 (0.00%)

€687,554,908 (0.00%)

€687,554,908 (0.00%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

€1,102,875,000 (57.66%)

€699,528,000 (-12.00%)

€794,914,000 (44.05%)

€551,846,000 (-46.83%)

Gross Profit

€2,794,538,000 (12.02%)

€2,494,571,000 (11.79%)

€2,231,530,000 (13.70%)

€1,962,596,000 (-12.97%)

Operating Income

€1,155,211,000 (57.68%)

€732,616,000 (7.74%)

€679,967,000 (24.49%)

€546,207,000 (-44.00%)

GRFS Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

€886,667,000 (322.98%)

-€397,636,000 (79.91%)

-€1,978,823,000 (-131.67%)

-€854,149,000 (0.46%)

Net Cash Flow from Financing

-€1,358,714,000 (-830.31%)

€186,045,000 (207.23%)

-€173,493,000 (-107.55%)

€2,297,679,000 (748.33%)

Net Cash Flow from Operations

€902,168,000 (333.15%)

€208,283,000 (2016.66%)

-€10,867,000 (-101.82%)

€596,975,000 (-46.23%)

Net Cash Flow / Change in Cash & Cash Equivalents

€450,203,000 (2546.49%)

-€18,402,000 (99.14%)

-€2,127,632,000 (-201.51%)

€2,095,964,000 (1391.13%)

Net Cash Flow - Business Acquisitions and Disposals

€1,278,384,000 (4437.33%)

-€29,474,000 (97.96%)

-€1,441,891,000 (-189.11%)

-€498,729,000 (-6.43%)

Net Cash Flow - Investment Acquisitions and Disposals

€842,815,000 (277.13%)

-€475,808,000 (77.80%)

-€2,143,479,000 (-139.46%)

-€895,120,000 (-1.10%)

Capital Expenditure

-€580,403,000 (-16.19%)

-€499,528,000 (21.80%)

-€638,767,000 (-13.70%)

-€561,822,000 (12.55%)

Issuance (Repayment) of Debt Securities

-€1,521,359,000 (-2135.89%)

€74,727,000 (126.53%)

-€281,659,000 (-110.89%)

€2,585,523,000 (879.62%)

Issuance (Purchase) of Equity Shares

€0 (0%)

€0 (0%)

-€6,918,000 (97.25%)

-€251,406,000 (0%)

Payment of Dividends & Other Cash Distributions

-€1,924,000 (0%)

€0 (0%)

-€592,000 (99.77%)

-€258,946,000 (-128.69%)

Effect of Exchange Rate Changes on Cash

€20,082,000 (233.05%)

-€15,094,000 (-142.46%)

€35,551,000 (-35.90%)

€55,459,000 (192.19%)

Share Based Compensation

€0 (0%)

€0 (0%)

€0 (0%)

€0 (0%)

Depreciation Amortization & Accretion

€437,897,000 (-0.91%)

€441,918,000 (8.35%)

€407,864,000 (13.37%)

€359,767,000 (11.89%)

GRFS Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

38.70% (2.38%)

37.80% (2.72%)

36.80% (-7.54%)

39.80% (-5.69%)

Profit Margin

2.20% (144.44%)

0.90% (-73.53%)

3.40% (-10.53%)

3.80% (-67.24%)

EBITDA Margin

21.40% (23.70%)

17.30% (-12.63%)

19.80% (7.03%)

18.50% (-27.45%)

Return on Average Equity (ROAE)

2.80% (180.00%)

1.00% (-72.22%)

3.60% (0.00%)

3.60% (-71.20%)

Return on Average Assets (ROAA)

0.70% (133.33%)

0.30% (-70.00%)

1.00% (-9.09%)

1.10% (-72.50%)

Return on Sales (ROS)

15.30% (44.34%)

10.60% (-19.08%)

13.10% (16.96%)

11.20% (-42.27%)

Return on Invested Capital (ROIC)

5.90% (68.57%)

3.50% (-18.60%)

4.30% (19.44%)

3.60% (-52.63%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

4.10% (272.73%)

Price to Earnings Ratio (P/E)

31.05 (-73.14%)

115.6 (348.51%)

25.77 (-26.97%)

35.29 (110.07%)

Price to Sales Ratio (P/S)

0.68 (-37.24%)

1.08 (19.76%)

0.91 (-34.20%)

1.38 (-29.28%)

Price to Book Ratio (P/B)

0.83 (-32.00%)

1.23 (37.05%)

0.9 (-27.15%)

1.23 (-39.56%)

Debt to Equity Ratio (D/E)

2.17 (-5.88%)

2.31 (8.35%)

2.13 (-1.11%)

2.16 (28.78%)

Earnings Per Share (EPS)

0.23 (155.56%)

0.09 (-70.97%)

0.31 (10.71%)

0.28 (-68.89%)

Sales Per Share (SPS)

10.93 (2.57%)

10.65 (13.54%)

9.38 (15.09%)

8.15 (-13.93%)

Free Cash Flow Per Share (FCFPS)

0.47 (210.38%)

-0.42 (55.13%)

-0.94 (-1952.94%)

0.05 (-92.51%)

Book Value Per Share (BVPS)

8.56 (0.97%)

8.47 (-4.95%)

8.92 (10.98%)

8.03 (8.13%)

Tangible Assets Book Value Per Share (TABVPS)

16.11 (-6.19%)

17.17 (2.02%)

16.83 (1.80%)

16.53 (35.58%)

Enterprise Value Over EBIT (EV/EBIT)

14 (-44.00%)

25 (31.58%)

19 (-20.83%)

24 (50.00%)

Enterprise Value Over EBITDA (EV/EBITDA)

10.24 (-31.81%)

15.02 (18.41%)

12.68 (-14.17%)

14.78 (24.28%)

Asset Turnover

0.34 (10.75%)

0.31 (3.37%)

0.3 (3.85%)

0.29 (-17.58%)

Current Ratio

2.66 (-4.67%)

2.79 (17.11%)

2.38 (50.00%)

1.59 (-33.11%)

Dividends

€0 (0%)

€0 (0%)

€0 (0%)

€0.46 (116.11%)

Free Cash Flow (FCF)

€321,765,000 (210.48%)

-€291,245,000 (55.17%)

-€649,634,000 (-1948.02%)

€35,153,000 (-92.49%)

Enterprise Value (EV)

€16,435,452,602 (-13.70%)

€19,044,079,302 (17.36%)

€16,226,551,501 (6.01%)

€15,306,023,970 (-22.33%)

Earnings Before Tax (EBT)

€388,110,000 (278.04%)

€102,664,000 (-65.59%)

€298,390,000 (8.96%)

€273,852,000 (-65.26%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

€1,540,772,000 (34.98%)

€1,141,446,000 (-5.10%)

€1,202,778,000 (31.94%)

€911,613,000 (-32.94%)

Invested Capital

€18,106,858,000 (-9.55%)

€20,018,768,000 (0.98%)

€19,825,343,000 (13.64%)

€17,445,420,000 (29.26%)

Working Capital

€3,571,396,000 (-13.66%)

€4,136,301,000 (53.32%)

€2,697,740,000 (32.50%)

€2,035,968,000 (11.27%)

Tangible Asset Value

€11,076,053,000 (-6.19%)

€11,806,731,000 (2.02%)

€11,572,921,000 (1.80%)

€11,367,984,000 (35.58%)

Market Capitalization

€5,115,408,516 (-35.64%)

€7,948,134,736 (36.00%)

€5,844,216,718 (-24.31%)

€7,721,241,617 (-39.10%)

Average Equity

€5,626,051,500 (-5.90%)

€5,978,552,000 (2.60%)

€5,826,773,500 (9.61%)

€5,316,000,500 (7.06%)

Average Assets

€21,198,672,000 (-1.34%)

€21,487,515,500 (5.41%)

€20,383,906,000 (18.14%)

€17,254,305,500 (11.98%)

Invested Capital Average

€18,833,418,000 (-5.46%)

€19,922,055,500 (6.90%)

€18,635,381,500 (20.45%)

€15,471,101,000 (13.76%)

Shares

687,554,908 (0.00%)

687,554,908 (0.00%)

687,554,908 (0.00%)

687,554,908 (0.00%)