Cash flow Euronext N.V.

Stocks

ENX

NL0006294274

Financial & Commodity Market Operators

Real-time Euronext Paris Other stock markets 08:53:39 16/07/26 pm AEST			5-day change	1st Jan Change
149.50 ^EUR	-0.60%		+1.08%	+16.80%

14/07	Why most CAC 40 stocks now trade at the close
07/07	Euronext Posts Growth in June Trading Volumes	MT

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Published financial data: EURONEXT N.V.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.25B	1.42B	1.43B	1.57B	1.75B
Interest And Invest. Income (Rev)	35.43M	-4.91M	46.66M	56.82M	69.64M
Other Revenues, Total	9.7M	4.95M	1.17M	2.03M	720K
Total Revenues	1.3B	1.42B	1.47B	1.63B	1.82B
Gross Profit	1.3B	1.42B	1.47B	1.63B	1.82B
Selling General & Admin Expenses, Total	277M	302M	321M	332M	358M
Depreciation & Amortization - (IS)	126M	153M	159M	168M	178M
Other Operating Expenses	269M	304M	289M	289M	322M
Other Operating Expenses, Total	672M	759M	769M	789M	858M
Operating Income	627M	659M	706M	838M	961M
Interest Expense, Total	-41.01M	-37.32M	-35.71M	-36.51M	-43.24M
Interest And Investment Income	6.48M	7.28M	30.53M	46.24M	28.3M
Net Interest Expenses	-34.53M	-30.04M	-5.19M	9.72M	-14.94M
Income (Loss) On Equity Invest.	33.15M	18.68M	30.03M	33.49M	35.38M
Currency Exchange Gains (Loss)	1.24M	137K	487K	1.94M	-6.81M
Other Non Operating Income (Expenses)	-389K	242K	-	-	-
EBT, Excl. Unusual Items	627M	648M	731M	883M	974M
Restructuring Charges	-11.13M	514K	-4.1M	-2.49M	-3.58M
Merger & Related Restructuring Charges	-27.84M	-33.55M	-85.8M	-48.76M	-35.04M
Gain (Loss) On Sale Of Investments	-711K	-2.31M	57.75M	7.04M	1.87M
Gain (Loss) On Sale Of Assets	2.68M	2.27M	-206K	20K	-
Asset Writedown	-8.83M	-	-	-	-
Legal Settlements	710K	-549K	450K	67K	-255K
Other Unusual Items	-718K	-548K	-	-223K	3.9M
EBT, Incl. Unusual Items	581M	614M	699M	839M	941M
Income Tax Expense	159M	164M	163M	218M	251M
Earnings From Continuing Operations	422M	451M	536M	621M	690M
Net Income to Company	422M	451M	536M	621M	690M
Minority Interest	-8.74M	-12.81M	-22.85M	-35.11M	-47.17M
Net Income - (IS)	413M	438M	514M	586M	643M
Net Income to Common Incl Extra Items	413M	438M	514M	586M	643M
Net Income to Common Excl. Extra Items	413M	438M	514M	586M	643M
Per Share Items
Net EPS - Basic	4.3	4.1	4.84	5.65	6.34
Basic EPS - Continuing Operations	4.3	4.1	4.84	5.65	6.34
Basic Weighted Average Shares Outstanding	96.06M	107M	106M	104M	101M
Net EPS - Diluted	4.29	4.1	4.83	5.63	6.29
Diluted EPS - Continuing Operations	4.29	4.1	4.83	5.63	6.29
Diluted Weighted Average Shares Outstanding	96.3M	107M	106M	104M	103M
Normalized Basic EPS	3.99	3.68	4.09	4.99	5.54
Normalized Diluted EPS	3.98	3.67	4.08	4.97	5.45
Dividend Per Share	1.93	2.22	2.48	2.9	3.18
Payout Ratio	38.02	47.05	46.18	43.93	45.63
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	689M	740M	789M	925M	1.05B
EBITA	673M	721M	767M	900M	1.03B
EBIT	627M	659M	706M	838M	961M
EBITDAR	690M	741M	790M	927M	1.05B
Total Revenues (As Reported)	1.3B	1.42B	1.47B	1.63B	1.82B
Effective Tax Rate - (Ratio)	27.32	26.64	23.27	26.03	26.69
Total Current Taxes	195M	179M	191M	228M	270M
Total Deferred Taxes	-36.8M	-15.32M	-28.53M	-10.06M	-18.58M
Normalized Net Income	383M	392M	434M	517M	562M
Interest on Long-Term Debt	41.01M	37.32M	35.71M	36.51M	43.24M
Non-Cash Pension Expense	338K	424K	658K	773K	747K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	11.08M	24.92M	36.98M	57.18M	63.26M
Net Rental Expense, Total	910K	1.21M	1.27M	1.4M	1.47M
Imputed Operating Lease Interest Expense	134K	116K	117K	131K	156K
Imputed Operating Lease Depreciation	776K	1.09M	1.15M	1.27M	1.31M
Stock-Based Comp., SG&A Exp. (Total)	10.39M	13.99M	14.38M	15.55M	20.9M
Total Stock-Based Compensation	10.39M	13.99M	14.38M	15.55M	20.9M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	804M	1B	1.45B	1.67B	1.59B
Short Term Investments	158M	163M	103M	63.81M	63.61M
Trading Asset Securities, Total	11.91M	-	-	-	-
Total Cash And Short Term Investments	974M	1.16B	1.55B	1.74B	1.66B
Accounts Receivable, Total	310M	297M	284M	319M	321M
Other Receivables	94.47M	76.44M	78.43M	73.35M	95.16M
Total Receivables	405M	373M	362M	392M	417M
Prepaid Expenses	21.57M	27.58M	30.13M	31.83M	33.94M
Other Current Assets, Total	138B	167B	184B	270B	318B
Total Current Assets	139B	168B	186B	272B	320B
Gross Property Plant And Equipment	343M	337M	370M	383M	465M
Accumulated Depreciation	-179M	-185M	-200M	-219M	-263M
Net Property Plant And Equipment	164M	152M	170M	164M	202M
Long-term Investments	330M	353M	267M	360M	443M
Goodwill	3.95B	4.02B	3.98B	4B	4.46B
Other Intangibles, Total	2.23B	2.18B	2.13B	2.1B	2.32B
Deferred Tax Assets Long-Term	37.49M	18.92M	31.26M	30.38M	25.6M
Other Long-Term Assets, Total	1.32M	1.37M	1.09M	789K	11.58M
Total Assets	146B	175B	192B	279B	328B
Liabilities
Accounts Payable, Total	211M	162M	149M	225M	217M
Accrued Expenses, Total	226M	233M	264M	239M	302M
Current Portion of Long-Term Debt	17.36M	17.37M	17.29M	516M	400M
Current Portion of Leases	20.99M	28.47M	22.16M	15.79M	20.74M
Current Income Taxes Payable	42.07M	28.46M	89.12M	91.06M	70.6M
Unearned Revenue Current, Total	80.55M	75.2M	79.27M	80.11M	102M
Other Current Liabilities	138B	167B	184B	270B	318B
Total Current Liabilities	138B	167B	184B	272B	319B
Long-Term Debt	3.04B	3.03B	3.03B	2.54B	2.91B
Long-Term Leases	50.69M	21.65M	37.31M	46.22M	66.43M
Unearned Revenue Non Current	70.28M	63.78M	60.03M	56.4M	66.46M
Pension & Other Post Retirement Benefits	32.94M	20.45M	23.49M	21.2M	23.28M
Deferred Tax Liability Non Current	592M	553M	532M	497M	510M
Other Non Current Liabilities	8.03M	6.23M	6.48M	10.48M	10.52M
Total Liabilities	142B	171B	188B	275B	323B
Common Stock, Total	171M	171M	171M	167M	166M
Additional Paid In Capital	2.43B	2.43B	2.43B	2.24B	2.22B
Retained Earnings	1.02B	1.27B	1.54B	1.84B	2.19B
Treasury Stock	-42.78M	-32.84M	-242M	-137M	-233M
Comprehensive Income and Other	63.65M	77.24M	40.55M	139M	200M
Total Common Equity	3.65B	3.91B	3.95B	4.25B	4.54B
Minority Interest	85.34M	126M	140M	157M	197M
Total Equity	3.73B	4.04B	4.09B	4.4B	4.73B
Total Liabilities And Equity	146B	175B	192B	279B	328B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	107M	107M	104M	103M	102M
ECS Total Common Shares Outstanding	107M	107M	104M	103M	102M
Book Value / Share	34.22	36.67	38.06	41.31	44.62
Tangible Book Value	-2.53B	-2.29B	-2.16B	-1.85B	-2.24B
Tangible Book Value Per Share	-23.74	-21.47	-20.86	-18.01	-22.02
Total Debt	3.13B	3.09B	3.11B	3.12B	3.4B
Net Debt	2.16B	1.93B	1.56B	1.38B	1.74B
Debt Equivalent of Unfunded Proj. Benefit Obligation	32.12M	19.63M	22.68M	21.01M	23.1M
Debt Equivalent Oper. Leases	7.28M	9.67M	10.14M	11.2M	11.74M
Minority Interest, Total (Incl. Fin. Div)	85.34M	126M	140M	157M	197M
Equity Method Investments, Total	69.24M	72.01M	1.33M	756K	3.85M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	57.02M	60.53M	59.91M	58.93M	92.27M
Machinery, Total	219M	234M	255M	266M	296M
Full Time Employees	2.2K	2.3K	2.45K	2.41K	3.06K
Part Time Employees	-	-	56	48	49
Accumulated Allowance for Doubtful Accounts (Supple)	4.94M	7.35M	8.58M	7.89M	10.57M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	413M	438M	514M	586M	643M
Depreciation & Amortization - CF	38.75M	44.83M	47.13M	47.1M	47.83M
Amortization of Goodwill and Intangible Assets - (CF)	45.58M	62.02M	61.32M	61.34M	64.51M
Depreciation & Amortization, Total	84.33M	107M	108M	108M	112M
Amortization of Deferred Charges, Total - (CF)	41.42M	53.34M	61.68M	80.31M	87.61M
(Gain) Loss on Sale of Investments - (CF)	-	-	-53.03M	-1.18M	-
(Income) Loss On Equity Investments - (CF)	-7.44M	-8.83M	-30.03M	-33.48M	-418K
Stock-Based Compensation (CF)	10.39M	13.99M	14.38M	15.55M	20.9M
Other Operating Activities, Total	-48.22M	-44.22M	55.56M	42.94M	-41.94M
Change in Other Net Operating Assets	49.89M	57.53M	155M	-89.54M	-9.34M
Cash from Operations	544M	616M	826M	709M	812M
Capital Expenditure	-33.37M	-31.87M	-27.7M	-17.96M	-24.66M
Sale of Property, Plant, and Equipment	-	53K	-	-	-
Cash Acquisitions	-4.2B	-65.99M	-2.51M	-65.17M	-324M
Divestitures	5.88M	8.74M	-208K	-	-
Sale (Purchase) of Intangible assets	-34.22M	-67.65M	-75.33M	-69.28M	-105M
Investment in Marketable and Equity Securities, Total	9.77M	11.65M	205M	36.26M	123K
Other Investing Activities, Total	32.41M	16.59M	56.58M	79.09M	65.56M
Cash from Investing	-4.22B	-128M	155M	-37.07M	-388M
Long-Term Debt Issued, Total	5.47B	-	-	-	1.45B
Total Debt Issued	5.47B	-	-	-	1.45B
Long-Term Debt Repaid, Total	-3.79B	-23.42M	-28.42M	-20.77M	-1.16B
Total Debt Repaid	-3.79B	-23.42M	-28.42M	-20.77M	-1.16B
Issuance of Common Stock	2.4B	-	-	-	-
Repurchase of Common Stock	-36.97M	-3.58M	-220M	-108M	-414M
Common Dividends Paid	-157M	-206M	-237M	-257M	-293M
Common & Preferred Stock Dividends Paid	-157M	-206M	-237M	-257M	-293M
Other Financing Activities, Total	-50.36M	-43.49M	-34.06M	-55.34M	-77.87M
Cash from Financing	3.84B	-276M	-520M	-442M	-495M
Foreign Exchange Rate Adjustments	12.66M	-19.86M	-14.06M	-5.19M	-9.04M
Net Change in Cash	180M	192M	448M	225M	-79.75M
Supplemental Items
Cash Interest Paid	16.07M	29.56M	28.71M	29.43M	35.45M
Cash Income Tax Paid (Refund)	216M	221M	130M	211M	305M
Levered Free Cash Flow	462M	465M	698M	590M	748M
Unlevered Free Cash Flow	488M	488M	721M	613M	775M
Change In Net Working Capital	-27.44M	-1.51M	-198M	27.86M	-83.51M
Net Debt Issued / Repaid	1.69B	-23.42M	-28.42M	-20.77M	290M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.53	0.26	0.24	0.22	0.2
Return on Total Capital	8.44	5.87	6.16	7.12	7.67
Return On Equity %	17.51	11.54	13.2	14.63	15.11
Return on Common Equity	17.57	11.58	13.07	14.3	14.64
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	21.31	21.3	21.75	20.38	19.71
EBITDA Margin %	53.03	52.17	53.51	56.87	57.83
EBITA Margin %	51.8	50.85	52.01	55.29	56.37
EBIT Margin %	48.29	46.47	47.85	51.52	52.83
Income From Continuing Operations Margin %	32.5	31.76	36.37	38.15	37.94
Net Income Margin %	31.83	30.86	34.82	35.99	35.35
Net Avail. For Common Margin %	31.83	30.86	34.82	35.99	35.35
Normalized Net Income Margin	29.48	27.66	29.43	31.78	30.89
Levered Free Cash Flow Margin	35.6	32.77	47.35	36.28	41.13
Unlevered Free Cash Flow Margin	37.57	34.42	48.86	37.69	42.61
Asset Turnover
Asset Turnover	0.02	0.01	0.01	0.01	0.01
Fixed Assets Turnover	9.74	9	9.17	9.75	9.94
Receivables Turnover (Average Receivables)	5.7	4.67	4.92	5.2	5.46
Short Term Liquidity
Current Ratio	1.01	1.01	1.01	1	1
Quick Ratio	0.01	0.01	0.01	0.01	0.01
Operating Cash Flow to Current Liabilities	0	0	0	0	0
Days Sales Outstanding (Average Receivables)	64.01	78.09	74.21	70.34	66.86
Long Term Solvency
Total Debt/Equity	83.94	76.59	76.09	70.78	71.83
Total Debt / Total Capital	45.63	43.37	43.21	41.44	41.8
LT Debt/Equity	82.91	75.46	75.12	58.68	62.94
Long-Term Debt / Total Capital	45.08	42.73	42.66	34.36	36.63
Total Liabilities / Total Assets	97.44	97.69	97.87	98.42	98.55
EBIT / Interest Expense	15.29	17.67	19.76	22.96	22.22
EBITDA / Interest Expense	17.35	20.53	22.8	25.93	24.82
(EBITDA - Capex) / Interest Expense	16.53	19.68	22.02	25.44	24.25
Total Debt / EBITDA	4.4	4.04	3.82	3.29	3.17
Net Debt / EBITDA	3.04	2.52	1.91	1.46	1.63
Total Debt / (EBITDA - Capex)	4.62	4.21	3.95	3.35	3.24
Net Debt / (EBITDA - Capex)	3.18	2.63	1.98	1.48	1.66
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	46.85	9.25	3.94	10.32	11.79
Gross Profit, 1 Yr. Growth %	46.85	9.25	3.94	10.32	11.79
EBITDA, 1 Yr. Growth %	42.08	4.84	6.69	17.24	13.68
EBITA, 1 Yr. Growth %	41.73	4.56	6.4	17.29	13.98
EBIT, 1 Yr. Growth %	35.66	3.3	7.11	18.79	14.62
Earnings From Cont. Operations, 1 Yr. Growth %	31.68	6.76	19.03	15.71	11.18
Net Income, 1 Yr. Growth %	31.02	5.92	17.3	14.02	9.8
Normalized Net Income, 1 Yr. Growth %	35.69	0.66	10.7	19.11	8.67
Diluted EPS Before Extra, 1 Yr. Growth %	-4.94	-4.43	17.8	16.56	11.75
Accounts Receivable, 1 Yr. Growth %	140.35	-4.48	-4.36	12.5	0.73
Net Property, Plant and Equip., 1 Yr. Growth %	59.06	-7.37	12.15	-3.77	23.48
Total Assets, 1 Yr. Growth %	4.96K	20.03	9.76	47.28	17.39
Tangible Book Value, 1 Yr. Growth %	430.07	-10.76	-5.65	-14.4	20.97
Common Equity, 1 Yr. Growth %	244.52	7.3	0.81	7.59	6.89
Cash From Operations, 1 Yr. Growth %	95.59	13.39	34	-14.22	14.6
Capital Expenditures, 1 Yr. Growth %	401.83	-4.5	-13.07	-35.16	37.26
Levered Free Cash Flow, 1 Yr. Growth %	42.05	-2.75	50.29	-15.47	26.72
Unlevered Free Cash Flow, 1 Yr. Growth %	45.03	-3.07	47.68	-14.92	26.41
Dividend Per Share, 1 Yr. Growth %	31.29	15.03	11.71	16.94	9.66
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	38.29	26.67	6.56	7.08	11.06
Gross Profit, 2 Yr. CAGR %	38.29	26.67	6.56	7.08	11.06
EBITDA, 2 Yr. CAGR %	35.73	23.58	5.72	11.84	15.45
EBITA, 2 Yr. CAGR %	35.96	23.29	5.44	11.71	15.62
EBIT, 2 Yr. CAGR %	32.77	19.43	5.14	12.8	16.68
Earnings From Cont. Operations, 2 Yr. CAGR %	36.88	18.57	12.73	17.36	13.42
Net Income, 2 Yr. CAGR %	36.46	17.8	11.47	15.65	11.89
Normalized Net Income, 2 Yr. CAGR %	33.59	17.93	5.51	14.83	13.77
Diluted EPS Before Extra, 2 Yr. CAGR %	16.33	-4.68	6.11	17.18	14.13
Accounts Receivable, 2 Yr. CAGR %	66.41	51.52	-4.42	3.73	6.45
Net Property, Plant and Equip., 2 Yr. CAGR %	21.66	21.38	1.92	3.89	9.01
Total Assets, 2 Yr. CAGR %	678.44	679.19	14.78	26.24	31.49
Tangible Book Value, 2 Yr. CAGR %	116.35	119.11	-8.24	-10.13	1.76
Common Equity, 2 Yr. CAGR %	99.32	92.27	4.01	4.15	7.24
Cash From Operations, 2 Yr. CAGR %	46.37	48.92	23.26	7.21	-0.85
Capital Expenditures, 2 Yr. CAGR %	50.85	118.92	-8.88	-24.92	-5.66
Levered Free Cash Flow, 2 Yr. CAGR %	36.42	19.53	20.85	12.71	3.5
Unlevered Free Cash Flow, 2 Yr. CAGR %	38.05	20.48	19.6	12.09	3.71
Dividend Per Share, 2 Yr. CAGR %	10.17	22.89	13.36	14.29	13.24
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	28.29	27.84	18.59	7.8	8.63
Gross Profit, 3 Yr. CAGR %	28.29	27.84	18.59	7.8	8.63
EBITDA, 3 Yr. CAGR %	26.07	25.57	17.64	9.43	12.45
EBITA, 3 Yr. CAGR %	25.97	25.62	17.35	9.25	12.46
EBIT, 3 Yr. CAGR %	23.55	22.84	15.14	9.51	13.4
Earnings From Cont. Operations, 3 Yr. CAGR %	24.71	26	18.72	13.72	15.26
Net Income, 3 Yr. CAGR %	24.16	25.41	17.64	12.31	13.66
Normalized Net Income, 3 Yr. CAGR %	22.6	22.3	15.44	9.86	12.74
Diluted EPS Before Extra, 3 Yr. CAGR %	11.56	8.95	2.29	9.48	15.34
Accounts Receivable, 3 Yr. CAGR %	50.39	38.3	29.98	0.92	2.72
Net Property, Plant and Equip., 3 Yr. CAGR %	61.49	11.09	18.22	-0.01	10.05
Total Assets, 3 Yr. CAGR %	350.21	317.47	305.43	24.14	23.22
Tangible Book Value, 3 Yr. CAGR %	209.37	61.84	65.46	-10.34	-0.77
Common Equity, 3 Yr. CAGR %	66.44	62.14	55.04	5.19	5.05
Cash From Operations, 3 Yr. CAGR %	34.49	34.43	43.77	9.23	9.62
Capital Expenditures, 3 Yr. CAGR %	44.94	29.53	60.91	-18.65	-8.19
Levered Free Cash Flow, 3 Yr. CAGR %	21.31	23.24	28.98	7.28	17.2
Unlevered Free Cash Flow, 3 Yr. CAGR %	22.96	24.01	28.91	6.77	16.68
Dividend Per Share, 3 Yr. CAGR %	7.81	11.77	19.05	14.54	12.73
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	21.21	21.66	19.11	19.09	15.51
Gross Profit, 5 Yr. CAGR %	21.21	21.66	19.11	19.09	15.51
EBITDA, 5 Yr. CAGR %	20.16	20.72	18.08	19.87	16.76
EBITA, 5 Yr. CAGR %	20.14	20.66	17.91	19.84	16.65
EBIT, 5 Yr. CAGR %	18.46	18.61	16.24	18.7	15.76
Earnings From Cont. Operations, 5 Yr. CAGR %	16.46	13.22	19.77	22.47	16.57
Net Income, 5 Yr. CAGR %	15.97	12.65	18.92	21.41	15.3
Normalized Net Income, 5 Yr. CAGR %	17.98	14.12	15.87	19.23	14.77
Diluted EPS Before Extra, 5 Yr. CAGR %	8.75	3.51	9.34	12.17	6.87
Accounts Receivable, 5 Yr. CAGR %	47.04	37.7	25.45	23.27	20
Net Property, Plant and Equip., 5 Yr. CAGR %	42.89	40.42	34.34	8.15	14.45
Total Assets, 5 Yr. CAGR %	186.36	177.43	160.63	158.73	157.67
Tangible Book Value, 5 Yr. CAGR %	61.99	62.84	90.83	27.91	36.22
Common Equity, 5 Yr. CAGR %	46.1	40.48	37.9	35.83	33.79
Cash From Operations, 5 Yr. CAGR %	24.59	24.39	29.88	22.8	23.91
Capital Expenditures, 5 Yr. CAGR %	43.21	39.17	20.38	4.14	29.97
Levered Free Cash Flow, 5 Yr. CAGR %	29.15	22.55	21.94	18.9	18.11
Unlevered Free Cash Flow, 5 Yr. CAGR %	30.29	23.53	22.39	19.08	18.17
Dividend Per Share, 5 Yr. CAGR %	6.33	5.11	10	12.77	16.69