DANGCEM Income Statement - TTM - Dangote Cement Plc

Income Statement (TTM)

Dangote Cement Plc Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	973,324	1,034,196	1,117,665	1,247,889	1,294,938	1,383,637	1,464,167	1,501,129	1,538,707	1,618,323	1,611,864	1,761,118	1,955,668	2,208,090	2,618,718	3,017,313	3,254,062	3,580,550	3,757,859	3,892,093
Change (%)		6.25	8.07	11.65	3.77	6.85	5.82	2.52	2.50	5.17	-0.40	9.26	11.05	12.91	18.60	15.22	7.85	10.03	4.95	3.57
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	410,208	439,342	462,901	512,907	525,182	552,486	578,622	598,878	633,270	664,538	674,214	725,492	823,702	1,009,326	1,244,738	1,461,313	1,605,391	1,651,505	1,660,622	1,672,430
Change (%)		7.10	5.36	10.80	2.39	5.20	4.73	3.50	5.74	4.94	1.46	7.61	13.54	22.54	23.32	17.40	9.86	2.87	0.55	0.71
% of Revenue	42.15	42.48	41.42	41.10	40.56	39.93	39.52	39.90	41.16	41.06	41.83	41.19	42.12	45.71	47.53	48.43	49.33	46.12	44.19	42.97

Gross Operating Profit	563,116	594,854	654,764	734,982	769,756	831,151	885,545	902,251	905,437	953,785	937,650	1,035,626	1,131,966	1,198,764	1,373,980	1,556,000	1,648,671	1,929,045	2,097,237	2,219,663
Change (%)		5.64	10.07	12.25	4.73	7.98	6.54	1.89	0.35	5.34	-1.69	10.45	9.30	5.90	14.62	13.25	5.96	17.01	8.72	5.84
% of Revenue	57.85	57.52	58.58	58.90	59.44	60.07	60.48	60.10	58.84	58.94	58.17	58.81	57.88	54.29	52.47	51.57	50.67	53.88	55.81	57.03

SG&A	211,266	211,024	213,759	225,745	237,080	253,543	274,316	304,619	331,017	371,493	381,152	400,467	435,025	487,888	590,369	690,603	768,649	832,332	847,004	874,142
Change (%)		-0.11	1.30	5.61	5.02	6.94	8.19	11.05	8.67	12.23	2.60	5.07	8.63	12.15	21.01	16.98	11.30	8.29	1.76	3.20
% of Revenue	21.71	20.40	19.13	18.09	18.31	18.32	18.74	20.29	21.51	22.96	23.65	22.74	22.24	22.10	22.54	22.89	23.62	23.25	22.54	22.46

R&D
Change (%)
% of Revenue

OpEx	617,352	648,539	672,083	733,469	756,897	800,687	850,348	902,771	963,018	1,032,520	1,051,831	1,113,173	1,242,088	1,476,719	1,790,072	2,115,683	2,335,019	2,445,070	2,484,788	2,502,219
Change (%)		5.05	3.63	9.13	3.19	5.79	6.20	6.16	6.67	7.22	1.87	5.83	11.58	18.89	21.22	18.19	10.37	4.71	1.62	0.70
% of Revenue	63.43	62.71	60.13	58.78	58.45	57.87	58.08	60.14	62.59	63.80	65.26	63.21	63.51	66.88	68.36	70.12	71.76	68.29	66.12	64.29

Operating Income	355,972	385,657	445,582	514,420	538,041	582,950	613,819	598,358	575,689	585,803	560,033	647,945	713,580	731,371	828,646	901,630	919,043	1,135,480	1,273,071	1,389,874
Change (%)		8.34	15.54	15.45	4.59	8.35	5.30	-2.52	-3.79	1.76	-4.40	15.70	10.13	2.49	13.30	8.81	1.93	23.55	12.12	9.17
% of Revenue	36.57	37.29	39.87	41.22	41.55	42.13	41.92	39.86	37.41	36.20	34.74	36.79	36.49	33.12	31.64	29.88	28.24	31.71	33.88	35.71

Interest Expense	-49,208	-43,971	-49,457	-48,157	-49,543	-56,326	-60,295	-65,571	-70,241	-75,242	-79,326	-90,012	-112,027	-144,530	-181,036	-225,881	-282,024	-448,081	-499,440	-532,380
Change (%)		-10.64	12.48	-2.63	2.88	13.69	7.05	8.75	7.12	7.12	5.43	13.47	24.46	29.01	25.26	24.77	24.86	58.88	11.46	6.60
% of Revenue	-5.06	-4.25	-4.43	-3.86	-3.83	-4.07	-4.12	-4.37	-4.56	-4.65	-4.92	-5.11	-5.73	-6.55	-6.91	-7.49	-8.67	-12.51	-13.29	-13.68

Net Income	254,605	275,080	303,673	338,734	342,229	361,008	375,466	341,076	294,595	375,988	380,234	380,617	437,312	445,214	448,534	458,515	451,565	498,192	592,114	824,536
Change (%)		8.04	10.39	11.55	1.03	5.49	4.00	-9.16	-13.63	27.63	1.13	0.10	14.90	1.81	0.75	2.23	-1.52	10.33	18.85	39.25
% of Revenue	26.16	26.60	27.17	27.14	26.43	26.09	25.64	22.72	19.15	23.23	23.59	21.61	22.36	20.16	17.13	15.20	13.88	13.91	15.76	21.18

Source: Capital IQ

Dangote Cement Plc - Income Statement (TTM)

Income Statement (TTM)