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Orange S.A. (ORAN)
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Orange S.A. Income Statement 2023-2011 | ORAN
Brief overview of financial results at Orange S.A.
This overview is based on financial performance over the past five years. According to figures from Orange S.A., revenue changed from 41.4 billion euros to 44.1 billion euros over five years. Across the full period, sales moved by +6.6%; the average annual rate was 1.3%. Revenue was effectively stagnant over the period.
EBITDA was 4.8 billion euros at the beginning and 5 billion euros at the end of the period (+2.9%). Operating performance was consistent with the change in sales. At the operating-margin level, the figure shifted from 11.7% to 11.3%. Operating profitability remained broadly stable.
The five-year change in net income was +34%: from 2.2 billion euros to 2.9 billion euros. The final result improved faster than the scale of the business.
Over the period, capitalization shifted from 35 billion euros to 31.3 billion euros (−10.6%). Market value lagged the financial performance.
What the figures show
The figures do not all move in the same direction. The financial profile benefits from a steady EBITDA margin and a stronger final result. The most visible risks are a softer top-line trend. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Orange S.A.
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
31.3 B | 29.5 B | 27.1 B | 28 B | 33.1 B | 35 B | 36 B | 30 B | 31.6 B | 46.3 B | 32.9 B | 30.6 B | 39.6 B |
Shares |
2.66 B | 2.66 B | 2.66 B | 2.66 B | 2.65 B | 2.66 B | 2.66 B | 2.65 B | 2.65 B | 2.63 B | 2.64 B | 2.63 B | 2.64 B |
Historical Prices |
11.8 | 11.1 | 10.2 | 10.5 | 12.5 | 13.2 | 13.5 | 11.3 | 11.9 | 11.6 | 7.85 | 6.84 | 8.45 |
Net Income |
2.89 B | 2.62 B | 778 M | 5.06 B | 3.22 B | 2.16 B | 2.04 B | 3.12 B | 2.96 B | 925 M | 1.87 B | 820 M | 3.9 B |
Revenue |
44.1 B | 43.5 B | 42.5 B | 42.3 B | 42.2 B | 41.4 B | 40.9 B | 40.7 B | 40.2 B | 39.4 B | 41 B | 43.5 B | 45.3 B |
Cost of Revenue |
- | 434 M | 292 M | 265 M | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | 24.6 B | 24.3 B | 41.1 B | 39.5 B | 38.6 B | 37.8 B | 22.2 B | 23 B | 24.4 B | 25.6 B |
Operating Income |
4.97 B | 4.8 B | 2.52 B | 5.52 B | 5.93 B | 4.83 B | 4.78 B | 3.92 B | 4.74 B | - | - | - | - |
EBITDA |
4.97 B | 4.8 B | 2.52 B | 5.52 B | 5.93 B | 4.83 B | 4.78 B | 3.92 B | 4.74 B | 11.2 B | 12.5 B | 12.4 B | 15 B |
Operating Expenses |
- | - | - | 18.9 B | 18.4 B | -440 M | -543 M | -1.07 B | -856 M | 17.1 B | 16.6 B | 18.4 B | 17.4 B |
General and Administrative Expenses |
- | - | - | 8.49 B | 8.49 B | - | - | - | - | 9.07 B | 9.02 B | 10.4 B | 8.82 B |
Annual performance
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All numbers in EUR currency
Quarterly Income Statement Orange S.A.
| 2023-Q4 | 2023-Q2 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
2.66 B | - | 2.66 B | - | - | - | 2.66 B | - | - | - | 2.66 B | - | 2.65 B | - | 2.65 B | - | - | - | 2.66 B | - | - | - | 2.66 B | - | - | - | 2.65 B | - | - | - | 2.65 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
2.89 B | 1.09 B | 2.62 B | - | - | - | 778 M | - | - | - | 5.06 B | - | 1.02 B | - | 3.22 B | - | - | - | 2.16 B | - | - | - | 2.04 B | - | - | - | 3.12 B | - | - | - | 2.96 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
44.1 B | 21.5 B | 43.5 B | - | - | - | 42.5 B | - | - | - | 42.3 B | - | 20.8 B | - | 42.2 B | - | - | - | 41.4 B | - | - | - | 40.9 B | - | - | - | 40.7 B | - | - | - | 40.2 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
- | - | 434 M | - | - | - | 292 M | - | - | - | 265 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
4.97 B | 2.14 B | 4.8 B | - | - | - | 2.52 B | - | - | - | 5.52 B | - | 2.25 B | - | 5.93 B | - | - | - | 4.83 B | - | - | - | 4.78 B | - | - | - | 3.92 B | - | - | - | 4.74 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
4.97 B | 2.14 B | 4.8 B | - | - | - | 2.52 B | - | - | - | 5.52 B | - | 2.25 B | - | 5.93 B | - | - | - | 4.83 B | - | - | - | 4.78 B | - | - | - | 3.92 B | - | - | - | 4.74 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Quarterly performance
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All numbers in EUR currency
The income statement is one of the three key financial reports of a company Orange S.A. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.