Balance Sheet Nexans

Stocks

NEX

FR0000044448

Electrical Components & Equipment

Market Closed - Euronext Paris Other stock markets 16:55:00 10/06/2026 BST			Pre-market 07:45:01
144.90 ^EUR	-2.62%		144.95	+0.03%

06-05	Cloud and AI Development Act: Europe wants to regain control over cloud, AI and chips
06-02	European markets set to rise as Trump accuses Netanyahu of undermining Iran talks

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Published financial data: NEXANS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	7.37B	8.37B	7.79B	8.55B	7.81B
Total Revenues	7.37B	8.37B	7.79B	8.55B	7.81B
Cost of Goods Sold, Total	6.59B	7.37B	6.8B	7.37B	6.9B
Gross Profit	781M	996M	995M	1.17B	907M
Selling General & Admin Expenses, Total	403M	492M	479M	524M	418M
R&D Expenses	80M	87M	89M	89M	54M
Other Operating Expenses	-101M	28M	13M	-43M	-26M
Other Operating Expenses, Total	382M	607M	581M	570M	446M
Operating Income	399M	389M	414M	603M	461M
Interest Expense, Total	-24M	-35M	-59M	-55M	-53M
Interest And Investment Income	7M	2M	2M	3M	1M
Net Interest Expenses	-17M	-33M	-57M	-52M	-52M
Income (Loss) On Equity Invest.	-1M	-2M	1M	-	2M
Currency Exchange Gains (Loss)	-27M	-16M	-10M	-48M	29M
Other Non Operating Income (Expenses)	-39M	0	-7M	-9M	-32M
EBT, Excl. Unusual Items	315M	338M	341M	494M	408M
Restructuring Charges	-58M	-39M	-49M	-62M	-48M
Merger & Related Restructuring Charges	-3M	-9M	-10M	-22M	-18M
Gain (Loss) On Sale Of Investments	-12M	2M	-13M	2M	5M
Gain (Loss) On Sale Of Assets	10M	52M	4M	-7M	2M
Asset Writedown	-15M	-	23M	-	6M
Legal Settlements	-1M	-1M	-2M	-6M	-35M
Other Unusual Items	-	-5M	-3M	-2M	-3M
EBT, Incl. Unusual Items	236M	338M	291M	397M	317M
Income Tax Expense	72M	90M	68M	115M	97M
Earnings From Continuing Operations	164M	248M	223M	282M	220M
Earnings Of Discontinued Operations	-	-	-	-	138M
Net Income to Company	164M	248M	223M	282M	358M
Minority Interest	-	-3M	-2M	-3M	-6M
Net Income - (IS)	164M	245M	221M	279M	352M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	164M	245M	221M	279M	352M
Net Income to Common Excl. Extra Items	164M	245M	221M	279M	214M
Per Share Items
Net EPS - Basic	3.75	5.63	5.07	6.39	8.08
Basic EPS - Continuing Operations	3.75	5.63	5.07	6.39	4.91
Basic Weighted Average Shares Outstanding	43.69M	43.53M	43.6M	43.68M	43.56M
Net EPS - Diluted	3.66	5.47	4.92	6.2	7.82
Diluted EPS - Continuing Operations	3.66	5.47	4.92	6.2	4.75
Diluted Weighted Average Shares Outstanding	44.83M	44.88M	44.96M	45.02M	44.9M
Normalized Basic EPS	4.51	4.78	4.84	7	5.72
Normalized Diluted EPS	4.39	4.64	4.7	6.79	5.55
Dividend Per Share	1.2	2.1	2.3	2.6	2.9
Payout Ratio	18.29	21.63	41.63	36.2	32.95
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	527M	533M	468M	776M	651M
EBITA	404M	397M	424M	621M	487M
EBIT	399M	389M	414M	603M	461M
Effective Tax Rate - (Ratio)	30.51	26.63	23.37	28.97	30.6
Total Current Taxes	102M	104M	93M	119M	87M
Total Deferred Taxes	-29M	-14M	-24M	-4M	10M
Normalized Net Income	197M	208M	211M	306M	249M
Interest on Long-Term Debt	23.22M	21.69M	4M	6M	7M
Non-Cash Pension Expense	1M	4M	5M	7M	1M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	80M	87M	89M	89M	54M
Stock-Based Comp., Other (Total)	11M	-	13M	19M	39M
Total Stock-Based Compensation	11M	-	13M	19M	39M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	972M	1.13B	1.13B	1.25B	1.63B
Total Cash And Short Term Investments	972M	1.13B	1.13B	1.25B	1.63B
Accounts Receivable, Total	989M	1.13B	1.04B	1.39B	1.22B
Other Receivables	158M	227M	167M	137M	88M
Total Receivables	1.15B	1.36B	1.21B	1.53B	1.31B
Inventory	1.32B	1.43B	1.32B	1.28B	1.37B
Prepaid Expenses	20M	23M	60M	23M	18M
Other Current Assets, Total	79M	61M	76M	243M	360M
Total Current Assets	3.53B	4.01B	3.8B	4.33B	4.69B
Gross Property Plant And Equipment	3.86B	4.13B	4.37B	4.85B	4.26B
Accumulated Depreciation	-2.42B	-2.48B	-2.52B	-2.65B	-2.19B
Net Property Plant And Equipment	1.44B	1.64B	1.85B	2.2B	2.08B
Long-term Investments	53M	44M	43M	37M	26M
Goodwill	240M	289M	293M	470M	680M
Other Intangibles, Total	110M	175M	210M	320M	286M
Loans Receivable Long-Term	20M	20M	79M	83M	56M
Deferred Tax Assets Long-Term	112M	122M	129M	117M	81M
Other Long-Term Assets, Total	76M	97M	132M	123M	143M
Total Assets	5.59B	6.4B	6.54B	7.67B	8.04B
Liabilities
Accounts Payable, Total	1.62B	1.73B	1.6B	1.62B	1.73B
Accrued Expenses, Total	247M	250M	286M	309M	248M
Short-term Borrowings	286M	453M	370M	123M	101M
Current Portion of Long-Term Debt	-	325M	199M	71M	65M
Current Portion of Leases	25M	27M	29M	34M	44M
Current Income Taxes Payable	102M	86M	69M	66M	64M
Unearned Revenue Current, Total	396M	588M	739M	1.01B	1.14B
Other Current Liabilities	210M	291M	305M	385M	436M
Total Current Liabilities	2.89B	3.75B	3.6B	3.62B	3.83B
Long-Term Debt	645M	429M	644M	1.57B	1.57B
Long-Term Leases	91M	82M	103M	138M	117M
Pension & Other Post Retirement Benefits	301M	232M	237M	213M	161M
Deferred Tax Liability Non Current	117M	151M	129M	151M	177M
Other Non Current Liabilities	82M	87M	115M	156M	163M
Total Liabilities	4.12B	4.74B	4.82B	5.84B	6.02B
Common Stock, Total	44M	44M	44M	44M	44M
Additional Paid In Capital	1.62B	1.6B	1.6B	1.6B	1.59B
Retained Earnings	-226M	46M	159M	321M	818M
Treasury Stock	-10M	-26M	-10M	-21M	-12M
Comprehensive Income and Other	21M	-16M	-102M	-135M	-442M
Total Common Equity	1.45B	1.65B	1.7B	1.81B	2B
Minority Interest	17M	15M	16M	19M	19M
Total Equity	1.46B	1.67B	1.71B	1.83B	2.01B
Total Liabilities And Equity	5.59B	6.4B	6.54B	7.67B	8.04B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	43.64M	43.46M	43.63M	43.57M	43.65M
ECS Total Common Shares Outstanding	43.64M	43.46M	43.63M	43.57M	43.65M
Book Value / Share	33.16	38.01	38.85	41.61	45.7
Tangible Book Value	1.1B	1.19B	1.19B	1.02B	1.03B
Tangible Book Value Per Share	25.14	27.33	27.32	23.48	23.57
Total Debt	1.05B	1.32B	1.34B	1.93B	1.9B
Net Debt	75M	182M	214M	680M	266M
Debt Equivalent of Unfunded Proj. Benefit Obligation	249M	152M	154M	124M	58M
Minority Interest, Total (Incl. Fin. Div)	17M	15M	16M	19M	19M
Equity Method Investments, Total	31M	25M	19M	18M	18M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	624M	698M	652M	579M	695M
Inventories - Work In Process, Total	350M	362M	317M	368M	371M
Inventories - Finished Goods, Total	385M	438M	418M	392M	334M
Land - (BS)	979M	1.01B	1B	1.06B	980M
Machinery, Total	2.3B	2.36B	-	2.52B	2.24B
Full Time Employees	21.11K	23.18K	28.54K	28.5K	25.7K
Accumulated Allowance for Doubtful Accounts (Supple)	26M	23M	25M	30M	24M
Order Backlog	2.2B	3.5B	-	7.4B	7.7B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	164M	245M	221M	279M	352M
Depreciation & Amortization - CF	149M	165M	161M	188M	220M
Amortization of Goodwill and Intangible Assets - (CF)	5M	8M	10M	18M	26M
Depreciation & Amortization, Total	154M	173M	171M	206M	246M
Amortization of Deferred Charges, Total - (CF)	7M	7M	8M	8M	8M
(Gain) Loss From Sale Of Asset	-10M	-52M	-4M	6M	-2M
(Gain) Loss on Sale of Investments - (CF)	-5M	-2M	13M	-2M	-5M
Asset Writedown & Restructuring Costs	15M	-	-23M	3M	-7M
Stock-Based Compensation (CF)	-	-	13M	19M	39M
Net Cash From Discontinued Operations	-	-	-	-	39M
Other Operating Activities, Total	11M	135M	122M	210M	19M
Change In Accounts Receivable	-64M	-129M	42M	-184M	4M
Change In Inventories	-265M	-99M	70M	129M	-285M
Change In Accounts Payable	446M	331M	151M	231M	541M
Change In Income Taxes	-47M	-114M	-107M	-132M	-95M
Change in Other Net Operating Assets	-5M	49M	23M	2M	-7M
Cash from Operations	401M	544M	700M	775M	847M
Capital Expenditure	-206M	-298M	-377M	-378M	-383M
Sale of Property, Plant, and Equipment	14M	62M	6M	2M	2M
Cash Acquisitions	-5M	-211M	-60M	-528M	-372M
Divestitures	8M	7M	13M	-1M	22M
Sale (Purchase) of Intangible assets	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	5M	11M	-23M	2M	-1M
Other Investing Activities, Total	1M	-	1M	-	648M
Cash from Investing	-183M	-429M	-440M	-903M	-84M
Long-Term Debt Issued, Total	-	198M	-	475M	-
Total Debt Issued	-	198M	-	475M	-
Long-Term Debt Repaid, Total	-305M	-	-58M	-	-99M
Total Debt Repaid	-305M	-	-58M	-	-99M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-10M	-32M	-6M	-33M	-31M
Common Dividends Paid	-30M	-53M	-92M	-101M	-116M
Common & Preferred Stock Dividends Paid	-30M	-53M	-92M	-101M	-116M
Other Financing Activities, Total	-72M	-43M	-59M	-63M	-86M
Cash from Financing	-417M	70M	-215M	278M	-332M
Foreign Exchange Rate Adjustments	33M	-19M	-62M	-12M	-48M
Miscellaneous Cash Flow Adjustments	1M	-4M	2M	-2M	-4M
Net Change in Cash	-165M	162M	-15M	136M	379M
Supplemental Items
Cash Interest Paid	41M	43M	59M	63M	79M
Cash Income Tax Paid (Refund)	47M	114M	107M	132M	95M
Levered Free Cash Flow	267M	162M	298M	178M	418M
Unlevered Free Cash Flow	282M	184M	335M	212M	451M
Change In Net Working Capital	-67M	-59M	-261M	20M	-253M
Net Debt Issued / Repaid	-305M	198M	-58M	475M	-99M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	4.61	4.06	4	5.3	3.67
Return on Total Capital	9.8	8.85	8.57	11.05	7.5
Return On Equity %	12.06	15.84	13.2	15.92	11.44
Return on Common Equity	12.32	15.81	13.21	15.91	11.24
Margin Analysis
Gross Profit Margin %	10.59	11.9	12.77	13.73	11.61
SG&A Margin	5.47	5.88	6.15	6.13	5.35
EBITDA Margin %	7.15	6.37	6.01	9.08	8.34
EBITA Margin %	5.48	4.74	5.44	7.27	6.24
EBIT Margin %	5.41	4.65	5.31	7.06	5.9
Income From Continuing Operations Margin %	2.22	2.96	2.86	3.3	2.82
Net Income Margin %	2.22	2.93	2.84	3.26	4.51
Net Avail. For Common Margin %	2.22	2.93	2.84	3.26	2.74
Normalized Net Income Margin	2.67	2.49	2.71	3.58	3.19
Levered Free Cash Flow Margin	3.63	1.94	3.82	2.08	5.35
Unlevered Free Cash Flow Margin	3.83	2.2	4.3	2.48	5.78
Asset Turnover
Asset Turnover	1.36	1.4	1.2	1.2	0.99
Fixed Assets Turnover	5.29	5.42	4.45	4.22	3.66
Receivables Turnover (Average Receivables)	7.71	7.89	7.16	7.02	5.98
Inventory Turnover (Average Inventory)	5.85	5.37	4.94	5.68	5.22
Short Term Liquidity
Current Ratio	1.22	1.07	1.06	1.2	1.22
Quick Ratio	0.73	0.66	0.65	0.77	0.77
Operating Cash Flow to Current Liabilities	0.14	0.14	0.19	0.21	0.22
Days Sales Outstanding (Average Receivables)	47.32	46.27	50.98	52.12	61.06
Days Outstanding Inventory (Average Inventory)	62.36	68.02	73.89	64.48	69.93
Average Days Payable Outstanding	74.16	81.76	91.06	80.33	87.54
Cash Conversion Cycle (Average Days)	35.53	32.54	33.81	36.27	43.44
Long Term Solvency
Total Debt/Equity	71.52	78.94	78.61	105.57	94.34
Total Debt / Total Capital	41.7	44.12	44.01	51.35	48.54
LT Debt/Equity	50.27	30.65	43.66	93.12	83.91
Long-Term Debt / Total Capital	29.31	17.13	24.44	45.3	43.18
Total Liabilities / Total Assets	73.8	73.96	73.82	76.12	74.94
EBIT / Interest Expense	16.62	11.11	7.02	10.96	8.7
EBITDA / Interest Expense	23.04	16.06	9.92	14.71	13.34
(EBITDA - Capex) / Interest Expense	14.46	7.54	3.53	7.84	6.11
Total Debt / EBITDA	1.89	2.34	2.3	2.39	2.69
Net Debt / EBITDA	0.14	0.32	0.37	0.84	0.38
Total Debt / (EBITDA - Capex)	3.02	4.98	6.47	4.49	5.86
Net Debt / (EBITDA - Capex)	0.22	0.69	1.03	1.58	0.82
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	23.33	13.49	-6.92	9.7	12.91
Gross Profit, 1 Yr. Growth %	19.24	27.53	-0.1	17.89	5.96
EBITDA, 1 Yr. Growth %	33.76	-4.82	-17.75	36.14	11.66
EBITA, 1 Yr. Growth %	72.65	-0.5	9	50	19.66
EBIT, 1 Yr. Growth %	70.51	-2.51	6.43	45.65	13.27
Earnings From Cont. Operations, 1 Yr. Growth %	105	51.22	-10.08	26.46	31.74
Net Income, 1 Yr. Growth %	110.26	49.39	-9.8	26.24	26.16
Normalized Net Income, 1 Yr. Growth %	79.18	5.78	1.38	44.82	30.97
Diluted EPS Before Extra, 1 Yr. Growth %	107.95	49.45	-10.05	26.02	30.49
Accounts Receivable, 1 Yr. Growth %	7.15	14.56	-7.94	33.37	-12.15
Inventory, 1 Yr. Growth %	40.45	8.81	-7.89	-3.03	6.8
Net Property, Plant and Equip., 1 Yr. Growth %	7.13	14.08	12.71	18.45	-5.46
Total Assets, 1 Yr. Growth %	6.83	14.59	2.09	17.4	4.73
Tangible Book Value, 1 Yr. Growth %	26.24	8.3	0.34	-14.18	0.59
Common Equity, 1 Yr. Growth %	19	14.17	2.6	6.96	10.04
Cash From Operations, 1 Yr. Growth %	-12.06	35.66	28.68	10.71	9.15
Capital Expenditures, 1 Yr. Growth %	-8.44	44.66	26.51	0.27	20.06
Levered Free Cash Flow, 1 Yr. Growth %	-3.3	-37.02	67.11	-35.43	450
Unlevered Free Cash Flow, 1 Yr. Growth %	-7.49	-32.15	67.27	-32.04	308.72
Dividend Per Share, 1 Yr. Growth %	71.43	75	9.52	13.04	11.54
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.64	18.31	2.78	1.05	0.13
Gross Profit, 2 Yr. CAGR %	-0.32	23.31	12.87	8.52	-4.52
EBITDA, 2 Yr. CAGR %	14.78	16.31	-8.58	16.78	6.87
EBITA, 2 Yr. CAGR %	30.84	30.25	3.09	26.35	8.46
EBIT, 2 Yr. CAGR %	30.03	28.93	1.86	24.5	5.52
Earnings From Cont. Operations, 2 Yr. CAGR %	18.39	76.07	16.61	6.63	-0.67
Net Income, 2 Yr. CAGR %	15.94	77.23	16.08	6.71	26.2
Normalized Net Income, 2 Yr. CAGR %	36.12	37.67	3.56	21.17	8.6
Diluted EPS Before Extra, 2 Yr. CAGR %	14.11	76.29	15.94	6.46	-1.74
Accounts Receivable, 2 Yr. CAGR %	-4.48	10.79	2.69	10.8	8.24
Inventory, 2 Yr. CAGR %	8.74	23.62	0.11	-5.49	1.77
Net Property, Plant and Equip., 2 Yr. CAGR %	2.15	10.55	13.39	15.54	5.82
Total Assets, 2 Yr. CAGR %	4.49	10.64	8.16	9.48	10.88
Tangible Book Value, 2 Yr. CAGR %	14.21	16.92	4.24	-7.2	-7.09
Common Equity, 2 Yr. CAGR %	9.4	16.56	8.23	4.76	8.49
Cash From Operations, 2 Yr. CAGR %	15.61	9.22	32.12	19.36	10
Capital Expenditures, 2 Yr. CAGR %	-6.97	15.08	35.28	12.63	0.79
Levered Free Cash Flow, 2 Yr. CAGR %	-1.08	-23.4	7.53	-0.21	23.32
Unlevered Free Cash Flow, 2 Yr. CAGR %	-2.9	-22.33	11.06	2.89	20.29
Dividend Per Share, 2 Yr. CAGR %	-	73.21	38.44	11.27	12.29
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.35	7.51	9.22	5.04	-2.28
Gross Profit, 3 Yr. CAGR %	0.82	8.21	14.95	14.52	-3.07
EBITDA, 3 Yr. CAGR %	20.79	10.04	5.9	11.49	4.59
EBITA, 3 Yr. CAGR %	35.33	18.93	21.91	15.89	7.78
EBIT, 3 Yr. CAGR %	34.77	18.13	20.95	14.76	5.82
Earnings From Cont. Operations, 3 Yr. CAGR %	132.79	28.46	40.74	19.8	-3.91
Net Income, 3 Yr. CAGR %	127.11	26.16	41.5	19.38	12.84
Normalized Net Income, 3 Yr. CAGR %	39.67	25.15	24.32	15.8	6.14
Diluted EPS Before Extra, 3 Yr. CAGR %	125.31	24.85	40.87	19.21	-4.6
Accounts Receivable, 3 Yr. CAGR %	-3.95	1.48	4.16	12.04	2.55
Inventory, 3 Yr. CAGR %	5.84	8.76	12.07	-0.95	-1.56
Net Property, Plant and Equip., 3 Yr. CAGR %	8.31	5.98	11.26	15.05	8.07
Total Assets, 3 Yr. CAGR %	2.96	7.75	7.71	11.15	7.87
Tangible Book Value, 3 Yr. CAGR %	4.88	12.2	11.11	-2.3	-4.68
Common Equity, 3 Yr. CAGR %	2.98	10.97	11.71	7.81	6.49
Cash From Operations, 3 Yr. CAGR %	15.1	21.94	15.36	24.56	15.9
Capital Expenditures, 3 Yr. CAGR %	-0.16	7.78	18.77	22.43	8.72
Levered Free Cash Flow, 3 Yr. CAGR %	26.21	-15.95	2.51	-11.68	32.86
Unlevered Free Cash Flow, 3 Yr. CAGR %	19.64	-14.97	3.12	-7.92	31.12
Dividend Per Share, 3 Yr. CAGR %	58.74	-	48.67	29.4	11.36
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.87	5.61	3.72	4.88	5.49
Gross Profit, 5 Yr. CAGR %	-0.78	2.98	5.48	8.34	6.73
EBITDA, 5 Yr. CAGR %	7.27	2.59	9.37	14.17	10.56
EBITA, 5 Yr. CAGR %	11.16	3.77	21.07	21.35	15.79
EBIT, 5 Yr. CAGR %	10.89	3.34	20.49	20.64	14.52
Earnings From Cont. Operations, 5 Yr. CAGR %	22.28	14.32	76.55	19.24	22.42
Net Income, 5 Yr. CAGR %	21.87	14.41	73.64	17.99	35.17
Normalized Net Income, 5 Yr. CAGR %	13.72	4.23	23.92	23.54	17.78
Diluted EPS Before Extra, 5 Yr. CAGR %	21.19	15.08	72.73	17.14	21.97
Accounts Receivable, 5 Yr. CAGR %	-4.33	-0.59	-1.34	5.11	5.77
Inventory, 5 Yr. CAGR %	7.28	5.28	3.51	2.82	7.83
Net Property, Plant and Equip., 5 Yr. CAGR %	4.27	7.82	10.31	9.7	9.05
Total Assets, 5 Yr. CAGR %	1.08	4.73	5.01	8.44	8.97
Tangible Book Value, 5 Yr. CAGR %	1.63	2.38	4.62	4	3.44
Common Equity, 5 Yr. CAGR %	0.49	3.09	5.05	8.44	10.41
Cash From Operations, 5 Yr. CAGR %	25.27	26.95	21.63	20.9	13.18
Capital Expenditures, 5 Yr. CAGR %	7.13	12.01	12.74	9.69	11.23
Levered Free Cash Flow, 5 Yr. CAGR %	17.62	103.71	17.5	-8.27	8.62
Unlevered Free Cash Flow, 5 Yr. CAGR %	29.93	41.68	15.22	-6.69	8.13
Dividend Per Share, 5 Yr. CAGR %	19.14	24.57	50.29	-	32.88