Balance Sheet DHL Group

Equities

DHL

DE0005552004

Air Freight & Logistics

Real-time Estimate Tradegate Other stock markets 13:10:26 09/09/2024 BST			5-day change	1st Jan Change
38.88 ^EUR	+1.08%		-2.01%	-13.23%

06:10am	141 towns have no post office, although there should be one	DP
09-08	Demand for 'mobile stamps' at the post office increases	DP

15cda15de6d06905b0c.ssgdJYNCNsIys-wLBD6R4wHRO4JG0mlYNQuDxiS3RbA.4r16drAQXo1z4r1CXFLyiWmkSPIQljYffznStFCCIcX8pkVc5CZ98HiCvQ

Published financial data: DHL GROUP

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	63.34B	66.81B	81.75B	94.44B	81.76B
Other Revenues, Total	247M	268M	413M	340M	403M
Total Revenues	63.59B	67.07B	82.16B	94.78B	82.16B
Cost of Goods Sold, Total	53.55B	55.66B	67.31B	78.97B	65.36B
Gross Profit	10.03B	11.41B	14.85B	15.81B	16.8B
Selling General & Admin Expenses, Total	371M	331M	433M	398M	372M
Depreciation & Amortization - (IS)	3.64B	3.72B	3.77B	4.13B	4.45B
Other Operating Expenses	2.72B	2.69B	2.94B	3.26B	6.23B
Other Operating Expenses, Total	6.74B	6.74B	7.15B	7.79B	11.05B
Operating Income	3.3B	4.67B	7.7B	8.02B	5.75B
Interest Expense, Total	-588M	-545M	-525M	-628M	-773M
Interest And Investment Income	100M	74M	101M	180M	247M
Net Interest Expenses	-488M	-471M	-424M	-448M	-526M
Income (Loss) On Equity Invest.	-8M	-34M	32M	-39M	161M
Currency Exchange Gains (Loss)	3M	-72M	-49M	-82M	-148M
Other Non Operating Income (Expenses)	249M	279M	263M	415M	286M
EBT, Excl. Unusual Items	3.05B	4.38B	7.53B	7.86B	5.52B
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-4M	-13M	-	-	-
Gain (Loss) On Sale Of Investments	-12M	-18M	-27M	-31M	-
Gain (Loss) On Sale Of Assets	458M	-53M	-1M	87M	88M
Asset Writedown	-40M	-95M	-	-47M	-97M
Legal Settlements	-	-	-	-	-
Other Unusual Items	18M	-25M	-140M	40M	-
EBT, Incl. Unusual Items	3.47B	4.17B	7.36B	7.91B	5.52B
Income Tax Expense	698M	995M	1.94B	2.19B	1.58B
Earnings From Continuing Operations	2.78B	3.18B	5.42B	5.72B	3.94B
Net Income to Company	2.78B	3.18B	5.42B	5.72B	3.94B
Minority Interest	-153M	-197M	-370M	-358M	-258M
Net Income - (IS)	2.62B	2.98B	5.05B	5.36B	3.68B
Net Income to Common Incl Extra Items	2.62B	2.98B	5.05B	5.36B	3.68B
Net Income to Common Excl. Extra Items	2.62B	2.98B	5.05B	5.36B	3.68B
Per Share Items
Net EPS - Basic	2.13	2.41	4.1	4.41	3.09
Basic EPS - Continuing Operations	2.13	2.41	4.1	4.41	3.09
Basic Weighted Average Shares Outstanding	1.23B	1.24B	1.23B	1.21B	1.19B
Net EPS - Diluted	2.09	2.36	4.01	4.33	3.04
Diluted EPS - Continuing Operations	2.09	2.36	4.01	4.33	3.04
Diluted Weighted Average Shares Outstanding	1.26B	1.27B	1.26B	1.24B	1.21B
Normalized Basic EPS	1.42	2.05	3.52	3.75	2.69
Normalized Diluted EPS	1.4	2.01	3.43	3.68	2.64
Dividend Per Share	1.15	1.35	1.8	1.85	1.85
Payout Ratio	54.1	47.73	33.11	41.15	59.97
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	4.78B	6.24B	9.49B	9.96B	7.85B
EBITA	3.37B	4.73B	7.84B	8.18B	5.92B
EBIT	3.3B	4.67B	7.7B	8.02B	5.75B
EBITDAR	5.42B	6.84B	10.12B	10.78B	8.76B
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	20.09	23.86	26.31	27.73	28.66
Total Current Taxes	633M	858M	1.41B	1.68B	1.45B
Total Deferred Taxes	65M	137M	524M	512M	134M
Normalized Net Income	1.76B	2.54B	4.33B	4.56B	3.2B
Interest on Long-Term Debt	416M	394M	383M	452M	540M
Non-Cash Pension Expense	-198M	61M	52M	58M	56M
Supplemental Operating Expense Items
Advertising Expense	371M	331M	433M	398M	372M
Selling and Marketing Expenses	371M	331M	433M	398M	372M
Research And Development Expense From Footnotes	78M	68M	65M	74M	82M
Net Rental Expense, Total	642M	603M	637M	819M	903M
Imputed Operating Lease Interest Expense	181M	146M	137M	197M	249M
Imputed Operating Lease Depreciation	461M	457M	500M	622M	654M
Stock-Based Comp., COGS (Total)	113M	132M	184M	140M	194M
Total Stock-Based Compensation	113M	132M	184M	140M	194M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	2.86B	4.48B	3.53B	3.79B	3.65B
Short Term Investments	369M	81M	1.26B	1.27B	578M
Trading Asset Securities, Total	25M	1.23B	1.83B	83M	29M
Total Cash And Short Term Investments	3.26B	5.8B	6.62B	5.14B	4.26B
Accounts Receivable, Total	8.82B	9.28B	11.8B	12.4B	10.78B
Other Receivables	1.07B	1.04B	1.32B	1.54B	1.59B
Notes Receivable	-	-	-	-	-
Total Receivables	9.89B	10.32B	13.12B	13.94B	12.38B
Inventory	396M	439M	593M	927M	1.06B
Prepaid Expenses	759M	937M	1.59B	1.25B	1.11B
Finance Division Loans and Leases Current	-	-	-	-	-
Other Current Assets, Total	755M	764M	808M	899M	411M
Total Current Assets	15.05B	18.26B	22.73B	22.16B	19.21B
Gross Property Plant And Equipment	33.54B	36.2B	41.12B	46.71B	50.95B
Accumulated Depreciation	-13.99B	-15.79B	-18.03B	-20.64B	-22.77B
Net Property Plant And Equipment	19.54B	20.41B	23.08B	26.07B	28.19B
Long-term Investments	882M	819M	1.3B	1.29B	687M
Goodwill	11.34B	11B	11.35B	12.73B	13.09B
Other Intangibles, Total	545M	536M	562M	1.17B	1.22B
Finance Division Loans and Leases Long-Term	-	-	-	-	-
Accounts Receivable Long-Term	-	-	-	-	508M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	2.52B	2.39B	1.94B	1.44B	1.45B
Deferred Charges Long-Term	55M	66M	87M	76M	143M
Other Long-Term Assets, Total	2.23B	1.83B	2.53B	3.34B	2.32B
Total Assets	52.17B	55.31B	63.59B	68.28B	66.81B
Liabilities
Accounts Payable, Total	7.22B	7.31B	9.56B	9.93B	8.48B
Accrued Expenses, Total	375M	457M	533M	465M	4.79B
Current Portion of Long-Term Debt	1.08B	1.43B	1.32B	1.96B	2.52B
Current Portion of Leases	2.16B	1.82B	1.96B	2.2B	2.25B
Current Income Taxes Payable	519M	611M	717M	659M	449M
Unearned Revenue Current, Total	224M	261M	445M	592M	567M
Other Current Liabilities	5.29B	5.5B	6.37B	6.61B	1.26B
Total Current Liabilities	16.87B	17.39B	20.91B	22.42B	20.32B
Long-Term Debt	5.59B	7.21B	6.77B	6.34B	6.11B
Long-Term Leases	8.14B	8.64B	9.84B	11.32B	11.83B
Unearned Revenue Non Current	11M	17M	125M	157M	86M
Pension & Other Post Retirement Benefits	5.1B	5.84B	4.18B	1.94B	2.52B
Deferred Tax Liability Non Current	56M	36M	137M	336M	410M
Other Non Current Liabilities	2B	2.1B	2.12B	2.06B	2.65B
Total Liabilities	37.78B	41.23B	44.09B	44.58B	43.92B
Common Stock, Total	1.24B	1.24B	1.22B	1.24B	1.24B
Retained Earnings	10.1B	10.68B	15.01B	19.01B	18.83B
Treasury Stock	-	-	-	-40M	-58M
Comprehensive Income and Other	2.78B	1.85B	2.8B	3.02B	2.47B
Total Common Equity	14.12B	13.78B	19.04B	23.24B	22.48B
Minority Interest	275M	301M	462M	467M	413M
Total Equity	14.39B	14.08B	19.5B	23.7B	22.89B
Total Liabilities And Equity	52.17B	55.31B	63.59B	68.28B	66.81B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.24B	1.24B	1.22B	1.2B	1.18B
ECS Total Common Shares Outstanding	1.24B	1.24B	1.22B	1.2B	1.18B
Book Value / Share	11.43	11.12	15.56	19.38	19.03
Tangible Book Value	2.24B	2.24B	7.12B	9.33B	8.17B
Tangible Book Value Per Share	1.81	1.81	5.82	7.79	6.92
Total Debt	16.97B	19.1B	19.9B	21.82B	22.72B
Net Debt	13.72B	13.3B	13.28B	16.67B	18.46B
Debt Equivalent of Unfunded Proj. Benefit Obligation	4.86B	5.82B	3.76B	1.47B	2.24B
Debt Equivalent Oper. Leases	5.14B	4.82B	5.1B	6.55B	7.22B
Minority Interest, Total (Incl. Fin. Div)	275M	301M	462M	467M	413M
Equity Method Investments, Total	123M	73M	111M	76M	104M
Account Code - Inventory Valuation	3	6	3	3	3
Inventories - Raw Materials, Total	251M	202M	222M	243M	257M
Inventories - Work In Process, Total	65M	196M	254M	490M	302M
Inventories - Finished Goods, Total	75M	30M	106M	181M	498M
Inventories - Others	5M	11M	11M	13M	4M
Land - (BS)	4.98B	5.24B	5.86B	6.62B	7.73B
Machinery, Total	15.27B	16.31B	18.17B	19.83B	21.07B
Full Time Employees	547K	522K	548K	555K	594K
Accumulated Allowance for Doubtful Accounts (Supple)	167M	228M	288M	328M	260M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	2.62B	2.98B	5.05B	5.36B	3.68B
Depreciation & Amortization - CF	3.43B	3.52B	3.57B	3.9B	4.19B
Amortization of Goodwill and Intangible Assets - (CF)	69M	56M	134M	164M	171M
Depreciation & Amortization, Total	3.5B	3.58B	3.7B	4.06B	4.36B
Amortization of Deferred Charges, Total - (CF)	141M	144M	67M	65M	82M
Minority Interest in Earnings - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-465M	29M	-20M	-51M	-71M
(Gain) Loss on Sale of Investments - (CF)	12M	-	-	-	-
Asset Writedown & Restructuring Costs	44M	108M	-	47M	30M
Other Operating Activities, Total	191M	1.26B	1.62B	1.26B	639M
Change In Accounts Receivable	-498M	-1.3B	-3.32B	-102M	2.15B
Change In Inventories	36M	-44M	-137M	-301M	-152M
Change in Other Net Operating Assets	466M	945M	3.02B	618M	-1.46B
Cash from Operations	6.05B	7.7B	9.99B	10.96B	9.26B
Capital Expenditure	-3.61B	-2.92B	-3.74B	-3.91B	-3.38B
Sale of Property, Plant, and Equipment	138M	122M	190M	112M	153M
Cash Acquisitions	-14M	-	-	-1.61B	-424M
Divestitures	702M	5M	13M	69M	-1M
Investment in Marketable and Equity Securities, Total	564M	-912M	-1.38B	1.98B	1.22B
Other Investing Activities, Total	82M	67M	91M	180M	253M
Cash from Investing	-2.14B	-3.64B	-4.82B	-3.18B	-2.18B
Short Term Debt Issued, Total	-	23M	16M	-	45M
Long-Term Debt Issued, Total	349M	2.49B	131M	1M	501M
Total Debt Issued	349M	2.51B	147M	1M	546M
Short Term Debt Repaid, Total	-105M	-	-	-41M	-
Long-Term Debt Repaid, Total	-2.21B	-2.49B	-2.9B	-3.17B	-3.1B
Total Debt Repaid	-2.32B	-2.49B	-2.9B	-3.21B	-3.1B
Issuance of Common Stock	11M	-	-	-	-
Repurchase of Common Stock	-11M	-45M	-1.12B	-1.1B	-986M
Common Dividends Paid	-1.42B	-1.42B	-1.67B	-2.2B	-2.2B
Common & Preferred Stock Dividends Paid	-1.42B	-1.42B	-1.67B	-2.2B	-2.2B
Other Financing Activities, Total	-723M	-806M	-680M	-898M	-1.15B
Cash from Financing	-4.11B	-2.25B	-6.22B	-7.41B	-6.9B
Foreign Exchange Rate Adjustments	15M	-192M	104M	-107M	-320M
Miscellaneous Cash Flow Adjustments	33M	3M	-	-9M	-
Net Change in Cash	-155M	1.62B	-951M	259M	-141M
Supplemental Items
Cash Interest Paid	608M	556M	550M	634M	710M
Cash Income Tax Paid (Refund)	843M	754M	1.32B	1.78B	1.62B
Levered Free Cash Flow	1.51B	3.35B	4.53B	4.72B	4.15B
Unlevered Free Cash Flow	1.87B	3.69B	4.86B	5.11B	4.63B
Change In Net Working Capital	328M	161M	169M	260M	224M
Net Debt Issued / Repaid	-1.97B	23M	-2.76B	-3.21B	-2.55B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.02	5.43	8.1	7.6	5.31
Return on Total Capital	6.68	9.05	13.27	11.8	7.86
Return On Equity %	19.64	22.31	32.3	26.47	16.89
Return on Common Equity	18.93	21.36	30.8	25.35	16.09
Margin Analysis
Gross Profit Margin %	15.78	17.01	18.08	16.68	20.45
SG&A Margin	0.58	0.49	0.53	0.42	0.45