Galp Energia SGPS (GALP) | Financial Analysis & Statements
Galp Energia SGPS S.A. | Large-cap | Energy
Galp Energia SGPS S.A. | Large-cap | Energy
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
5.0B
Gross Profit
660.0M
13.13%
Operating Income
546.0M
10.87%
Net Income
367.0M
7.30%
Balance Sheet Metrics
Total Assets
15.5B
Total Liabilities
10.4B
Shareholders Equity
5.1B
Debt to Equity
2.04
Cash Flow Metrics
Operating Cash Flow
721.0M
Free Cash Flow
463.0M
Revenue & Profitability Trend
Galp Energia SGPS Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 21.3B | 20.8B | 26.8B | 16.1B | 11.4B |
| Cost of Goods Sold | 18.6B | 17.8B | 24.2B | 14.3B | 11.3B |
| Gross Profit | 2.7B | 3.0B | 2.6B | 1.8B | 136.0M |
| Gross Margin % | 12.8% | 14.3% | 9.9% | 11.4% | 1.2% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | - | - | - | - | - |
| Other Operating Expenses | 346.0M | 351.0M | 221.0M | 185.0M | 241.0M |
| Total Operating Expenses | 346.0M | 351.0M | 221.0M | 185.0M | 241.0M |
| Operating Income | 2.6B | 2.6B | 2.4B | 1.7B | -275.0M |
| Operating Margin % | 12.0% | 12.6% | 8.9% | 10.3% | -2.4% |
| Non-Operating Items | |||||
| Interest Income | 138.0M | 129.0M | 62.0M | 18.0M | 17.0M |
| Interest Expense | 212.0M | 181.0M | 120.0M | 115.0M | 152.0M |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 2.3B | 2.6B | 3.2B | 843.0M | -248.0M |
| Income Tax | 1.0B | 997.0M | 1.4B | 652.0M | 242.0M |
| Effective Tax Rate % | 44.9% | 38.6% | 44.2% | 77.3% | 0.0% |
| Net Income | 1.2B | 1.5B | 1.7B | 150.0M | -535.0M |
| Net Margin % | 5.8% | 7.0% | 6.4% | 0.9% | -4.7% |
| Key Metrics | |||||
| EBITDA | 3.5B | 3.8B | 3.9B | 2.8B | 1.2B |
| EPS (Basic) | €1.36 | €1.56 | €1.81 | €0.00 | €-0.66 |
| EPS (Diluted) | €1.36 | €1.56 | €1.81 | €0.00 | €-0.66 |
| Basic Shares Outstanding | 760906894 | 796153846 | 814917127 | 829250635 | 834848485 |
| Diluted Shares Outstanding | 760906894 | 796153846 | 814917127 | 829250635 | 834848485 |
Income Statement Trend
Galp Energia SGPS Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 2.3B | 2.2B | 2.4B | 1.9B | 1.7B |
| Short-term Investments | 110.0M | 166.0M | 305.0M | 992.0M | 149.0M |
| Accounts Receivable | 1.2B | 1.4B | 1.5B | 1.2B | 781.0M |
| Inventory | 1.1B | 1.4B | 1.4B | 1.0B | 708.0M |
| Other Current Assets | -1.0M | -1.0M | -1.0M | -1.0M | - |
| Total Current Assets | 7.5B | 6.7B | 7.0B | 6.2B | 4.3B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 2.5B | 2.7B | 2.0B | 1.9B | 1.7B |
| Goodwill | 783.0M | 747.0M | 813.0M | 815.0M | 701.0M |
| Intangible Assets | 695.0M | 659.0M | 673.0M | 645.0M | 531.0M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 20.0M | 31.0M | 31.0M | -2.0M | - |
| Total Non-Current Assets | 9.3B | 9.9B | 9.1B | 8.7B | 8.2B |
| Total Assets | 16.8B | 16.6B | 16.1B | 14.9B | 12.5B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 945.0M | 1.3B | 1.0B | 811.0M | 650.0M |
| Short-term Debt | 600.0M | 841.0M | 982.0M | 1.5B | 705.0M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 2.0M | - | -1.0M | - | - |
| Total Current Liabilities | 4.4B | 4.4B | 4.3B | 4.5B | 2.2B |
| Non-Current Liabilities | |||||
| Long-term Debt | 4.3B | 4.6B | 4.3B | 4.0B | 4.1B |
| Deferred Tax Liabilities | 579.0M | 476.0M | 555.0M | 653.0M | 479.0M |
| Other Non-Current Liabilities | -3.0M | - | -1.0M | - | -1.0M |
| Total Non-Current Liabilities | 6.8B | 6.9B | 6.7B | 6.4B | 6.1B |
| Total Liabilities | 11.2B | 11.3B | 11.0B | 10.9B | 8.4B |
| Equity | |||||
| Common Stock | 753.0M | 773.0M | 815.0M | 829.0M | 911.0M |
| Retained Earnings | 2.4B | 2.2B | 1.7B | 813.0M | 1.3B |
| Treasury Stock | 47.0M | 0 | 0 | 0 | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 5.6B | 5.3B | 5.1B | 4.0B | 4.1B |
| Key Metrics | |||||
| Total Debt | 4.9B | 5.4B | 5.3B | 5.5B | 4.8B |
| Working Capital | 3.1B | 2.3B | 2.7B | 1.7B | 2.1B |
Balance Sheet Composition
Galp Energia SGPS Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 2.3B | 2.6B | 3.2B | 843.0M | -248.0M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | - | - | - | - | - |
| Working Capital Changes | 880.0M | -85.0M | 20.0M | -1.4B | 294.0M |
| Operating Cash Flow | 3.3B | 2.7B | 3.3B | -395.0M | 363.0M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | -646.0M |
| Acquisitions | 353.0M | 0 | -48.0M | 423.0M | -175.0M |
| Investment Purchases | - | - | - | -104.0M | -69.0M |
| Investment Sales | - | - | - | - | 180.0M |
| Investing Cash Flow | 328.0M | 39.0M | -188.0M | 215.0M | -494.0M |
| Financing Activities | |||||
| Share Repurchases | -351.0M | -500.0M | -150.0M | 0 | - |
| Dividends Paid | -419.0M | -422.0M | -420.0M | -498.0M | -318.0M |
| Debt Issuance | 2.3B | 1.9B | 4.3B | 6.9B | 2.6B |
| Debt Repayment | -2.3B | -2.4B | -4.5B | -6.5B | -1.7B |
| Financing Cash Flow | -754.0M | -1.4B | -756.0M | -80.0M | 515.0M |
| Free Cash Flow | 1.2B | 1.6B | 2.0B | 273.0M | 242.0M |
| Net Change in Cash | 2.9B | 1.3B | 2.3B | -260.0M | 384.0M |
Cash Flow Trend
Galp Energia SGPS Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
11.26
Forward P/E
14.20
Price to Book
2.69
Price to Sales
0.57
PEG Ratio
14.20
Profitability Ratios
Profit Margin
4.82%
Operating Margin
10.92%
Return on Equity
21.65%
Return on Assets
7.93%
Financial Health
Current Ratio
1.64
Debt to Equity
96.94
Beta
0.51
Per Share Data
EPS (TTM)
€1.40
Book Value per Share
€5.87
Revenue per Share
€27.17
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| galp | 11.8B | 11.26 | 2.69 | 21.65% | 4.82% | 96.94 |
| EDP - Energias de | 15.6B | 20.83 | 1.44 | 4.42% | 4.84% | 156.18 |
| Jerónimo Martins | 13.9B | 22.35 | 4.74 | 20.67% | 1.78% | 167.09 |
| EDP Renováveis S.A | 10.6B | 19.35 | 1.04 | -4.54% | -31.21% | 96.09 |
| Banco Comercial | 10.1B | 11.25 | 1.46 | 12.53% | 26.79% | 0.63 |
| Merlin Properties | 6.6B | 20.74 | 0.88 | 4.29% | 58.66% | 68.93 |
Financial data is updated regularly. All figures are in the company's reporting currency.