Balance Sheet Reckitt Benckiser Group plc

Equities

RB.

GB00B24CGK77

Household Products

Market Closed - London S.E. Other stock markets 16:35:25 22/01/2025 GMT			5-day change	1st Jan Change
5,040.00 ^GBX	-0.51%		+4.54%	+4.28%

01-17	Weak pound, China sends FTSE 100 to record high	AN
01-15	Reckitt CFO Notes Plans to Bolster Self Reliance in Key Markets	MT

1be52780.hwzKsC_3dVkbJ5IM-d9wuryfQqV-mbS627zZeLM8lvQ.4UelgGTAExAoZfx1sug8ifbIdsMO99r7sdeSIvVoorqySLydRZ82a05Mog

Published financial data: RECKITT BENCKISER GROUP PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	12.85B	13.99B	13.23B	14.45B	14.61B
Total Revenues	12.85B	13.99B	13.23B	14.45B	14.61B
Cost of Goods Sold, Total	5.07B	5.56B	5.54B	6.09B	5.85B
Gross Profit	7.78B	8.44B	7.69B	8.36B	8.76B
Selling General & Admin Expenses, Total	4.16B	5B	4.65B	4.68B	5.11B
R&D Expenses	257M	288M	313M	325M	337M
Other Operating Expenses	-3M	-2M	-3M	-9M	-3M
Other Operating Expenses, Total	4.41B	5.29B	4.96B	5B	5.44B
Operating Income	3.36B	3.14B	2.73B	3.36B	3.32B
Interest Expense, Total	-331M	-276M	-244M	-233M	-295M
Interest And Investment Income	96M	61M	29M	29M	41M
Net Interest Expenses	-235M	-215M	-215M	-204M	-254M
Income (Loss) On Equity Invest.	-	-1M	-3M	-2M	-
Currency Exchange Gains (Loss)	-	-	764M	-37M	15M
Other Non Operating Income (Expenses)	85M	-71M	-4M	-7M	-35M
EBT, Excl. Unusual Items	3.21B	2.86B	3.27B	3.11B	3.04B
Restructuring Charges	-11M	-	-	-	-
Merger & Related Restructuring Charges	-113M	-	-14M	-	-
Impairment of Goodwill	-5.12B	-985M	-	-167M	-810M
Gain (Loss) On Sale Of Investments	-	-	-	-19M	-
Gain (Loss) On Sale Of Assets	-	-	-3.52B	142M	166M
Asset Writedown	-	-	-	-	-
Other Unusual Items	-81M	-	-	-	-
EBT, Incl. Unusual Items	-2.11B	1.87B	-260M	3.07B	2.4B
Income Tax Expense	665M	720M	-208M	711M	753M
Earnings From Continuing Operations	-2.77B	1.15B	-52M	2.36B	1.65B
Earnings Of Discontinued Operations	-898M	50M	31M	-7M	9M
Net Income to Company	-3.67B	1.2B	-21M	2.35B	1.66B
Minority Interest	-13M	-16M	-11M	-19M	-14M
Net Income - (IS)	-3.68B	1.19B	-32M	2.33B	1.64B
Net Income to Common Incl Extra Items	-3.68B	1.19B	-32M	2.33B	1.64B
Net Income to Common Excl. Extra Items	-2.78B	1.14B	-63M	2.34B	1.63B
Per Share Items
Net EPS - Basic	-5.2	1.67	-0.04	3.26	2.29
Basic EPS - Continuing Operations	-3.93	1.6	-0.09	3.27	2.28
Basic Weighted Average Shares Outstanding	709M	711M	714M	715M	717M
Net EPS - Diluted	-5.2	1.66	-0.04	3.25	2.29
Diluted EPS - Continuing Operations	-3.93	1.59	-0.09	3.26	2.27
Diluted Weighted Average Shares Outstanding	709M	714M	714M	717M	718M
Normalized Basic EPS	2.82	2.49	2.85	2.69	2.64
Normalized Diluted EPS	2.82	2.48	2.85	2.68	2.63
Dividend Per Share	1.75	1.75	1.75	1.83	1.92
Payout Ratio	-33.32	104.55	-3.89K	53.61	81.5
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	3.76B	3.48B	3.02B	3.65B	3.61B
EBITA	3.53B	3.23B	2.8B	3.4B	3.35B
EBIT	3.36B	3.14B	2.73B	3.36B	3.32B
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	-31.56	38.44	80	23.18	31.36
Total Current Taxes	676M	695M	764M	743M	805M
Total Deferred Taxes	-11M	25M	-972M	-32M	-52M
Normalized Net Income	2B	1.77B	2.03B	1.93B	1.89B
Interest on Long-Term Debt	-	13M	13M	16M	14M
Non-Cash Pension Expense	-2M	-5M	3M	-6M	-6M
Supplemental Operating Expense Items
Selling and Marketing Expenses	3.42B	3.61B	3.46B	3.44B	3.7B
General and Administrative Expenses	740M	1.39B	1.19B	1.25B	1.41B
Research And Development Expense From Footnotes	257M	288M	313M	325M	337M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	18M	15M	30M	78M	102M
Total Stock-Based Compensation	18M	15M	30M	78M	102M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	1.55B	1.65B	1.26B	1.16B	1.39B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	1.55B	1.65B	1.26B	1.16B	1.39B
Accounts Receivable, Total	1.72B	1.56B	1.55B	1.72B	1.7B
Other Receivables	344M	415M	446M	419M	346M
Total Receivables	2.06B	1.97B	2B	2.14B	2.05B
Inventory	1.31B	1.59B	1.46B	1.82B	1.64B
Prepaid Expenses	80M	74M	84M	94M	91M
Other Current Assets, Total	30M	30M	204M	66M	136M
Total Current Assets	5.03B	5.31B	5B	5.28B	5.3B
Gross Property Plant And Equipment	3.77B	4.09B	4.16B	4.75B	4.88B
Accumulated Depreciation	-1.63B	-1.85B	-1.98B	-2.27B	-2.48B
Net Property Plant And Equipment	2.14B	2.23B	2.18B	2.47B	2.4B
Long-term Investments	58M	155M	194M	128M	118M
Goodwill	6.46B	5.37B	5.33B	5.61B	4.58B
Other Intangibles, Total	17.8B	17.61B	13.54B	14.59B	14.01B
Deferred Tax Assets Long-Term	224M	258M	197M	244M	287M
Other Long-Term Assets, Total	423M	353M	504M	409M	442M
Total Assets	32.14B	31.29B	26.95B	28.74B	27.14B
Liabilities
Accounts Payable, Total	1.8B	2.16B	2.06B	2.37B	2.19B
Accrued Expenses, Total	2.91B	3.49B	3.1B	2.95B	2.87B
Short-term Borrowings	3.01B	691M	22M	1.23B	30M
Current Portion of Long-Term Debt	570M	-	2.4B	413M	1.57B
Current Portion of Leases	72M	72M	62M	78M	78M
Current Income Taxes Payable	145M	72M	93M	791M	620M
Other Current Liabilities	430M	453M	343M	510M	979M
Total Current Liabilities	8.93B	6.94B	8.09B	8.34B	8.34B
Long-Term Debt	8.29B	9.55B	6.88B	7.1B	6.8B
Long-Term Leases	253M	241M	266M	311M	249M
Pension & Other Post Retirement Benefits	351M	372M	318M	240M	233M
Deferred Tax Liability Non Current	3.51B	3.56B	2.81B	3.04B	2.9B
Other Non Current Liabilities	1.39B	1.47B	1.13B	230M	152M
Total Liabilities	22.73B	22.13B	19.49B	19.26B	18.67B
Common Stock, Total	74M	74M	74M	74M	74M
Additional Paid In Capital	245M	252M	253M	254M	254M
Retained Earnings	23.35B	23.4B	22.49B	23.64B	23.41B
Comprehensive Income and Other	-14.31B	-14.61B	-15.42B	-14.52B	-15.29B
Total Common Equity	9.36B	9.12B	7.4B	9.44B	8.45B
Minority Interest	44M	44M	54M	40M	21M
Total Equity	9.41B	9.16B	7.45B	9.48B	8.47B
Total Liabilities And Equity	32.14B	31.29B	26.95B	28.74B	27.14B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	710M	713M	714M	715M	714M
ECS Total Common Shares Outstanding	710M	713M	714M	715M	714M
Book Value / Share	13.19	12.79	10.36	13.2	11.83
Tangible Book Value	-14.9B	-13.86B	-11.47B	-10.76B	-10.14B
Tangible Book Value Per Share	-20.99	-19.45	-16.05	-15.04	-14.2
Total Debt	12.2B	10.56B	9.63B	9.13B	8.72B
Net Debt	10.65B	8.91B	8.37B	7.98B	7.34B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-65M	2M	-148M	-139M	-113M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	44M	44M	54M	40M	21M
Equity Method Investments, Total	-	22M	23M	4M	4M
Account Code - Inventory Valuation	5	5	5	-	5
Inventories - Raw Materials, Total	334M	352M	383M	471M	401M
Inventories - Work In Process, Total	62M	87M	70M	88M	82M
Inventories - Finished Goods, Total	918M	1.15B	1.01B	1.27B	1.15B
Land - (BS)	1.15B	1.24B	1.22B	1.41B	1.46B
Machinery, Total	1.94B	2.1B	2.07B	2.37B	2.53B
Full Time Employees	37.76K	43.5K	40K	-	40K
Accumulated Allowance for Doubtful Accounts (Supple)	62M	27M	36M	42M	36M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-3.68B	1.19B	-32M	2.33B	1.64B
Depreciation & Amortization - CF	303M	327M	297M	329M	363M
Amortization of Goodwill and Intangible Assets - (CF)	164M	88M	66M	40M	28M
Depreciation & Amortization, Total	467M	415M	363M	369M	391M
Amortization of Deferred Charges, Total - (CF)	48M	55M	66M	68M	79M
(Gain) Loss From Sale Of Asset	-4M	3M	3.44B	-82M	-34M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	19M	-
Asset Writedown & Restructuring Costs	5.04B	987M	52M	170M	820M
(Income) Loss On Equity Investments - (CF)	-	-	-	2M	-
Stock-Based Compensation (CF)	18M	15M	30M	78M	102M
Net Cash From Discontinued Operations	-1.14B	-10M	-2M	7M	-8M
Other Operating Activities, Total	872M	-56M	-1.91B	-142M	-297M
Change In Accounts Receivable	-150M	94M	-130M	-23M	-87M
Change In Inventories	-87M	-317M	-57M	-254M	118M
Change In Accounts Payable	31M	1.14B	-126M	-145M	-91M
Cash from Operations	1.41B	3.52B	1.7B	2.4B	2.64B
Capital Expenditure	-306M	-394M	-373M	-362M	-348M
Sale of Property, Plant, and Equipment	37M	10M	9M	84M	63M
Cash Acquisitions	-18M	-	-915M	-12M	-81M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-137M	-92M	1.54B	166M	-100M
Investment in Marketable and Equity Securities, Total	-18M	-36M	-27M	-	-
Other Investing Activities, Total	-	-	-	-15M	-
Cash from Investing	-442M	-512M	239M	-139M	-466M
Long-Term Debt Issued, Total	1.55B	2.9B	38M	2.27B	1.64B
Total Debt Issued	1.55B	2.9B	38M	2.27B	1.64B
Long-Term Debt Repaid, Total	-1.12B	-4.58B	-1.04B	-3.81B	-1.86B
Total Debt Repaid	-1.12B	-4.58B	-1.04B	-3.81B	-1.86B
Issuance of Common Stock	61M	131M	80M	54M	48M
Repurchase of Common Stock	-	-4M	-5M	-	-209M
Common Dividends Paid	-1.23B	-1.24B	-1.25B	-1.25B	-1.34B
Common & Preferred Stock Dividends Paid	-1.23B	-1.24B	-1.25B	-1.25B	-1.34B
Other Financing Activities, Total	-90M	-63M	-109M	348M	-92M
Cash from Financing	-830M	-2.86B	-2.29B	-2.38B	-1.81B
Foreign Exchange Rate Adjustments	-69M	-52M	-35M	19M	-137M
Net Change in Cash	70M	97M	-385M	-103M	224M
Supplemental Items
Cash Interest Paid	371M	323M	251M	243M	293M
Cash Income Tax Paid (Refund)	647M	762M	915M	831M	922M
Levered Free Cash Flow	1.87B	2.5B	2.54B	2.91B	2.27B
Unlevered Free Cash Flow	2.07B	2.68B	2.69B	3.05B	2.45B
Change In Net Working Capital	119M	-711M	648M	-633M	-252M
Net Debt Issued / Repaid	426M	-1.68B	-1.01B	-1.53B	-217M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	6	6.2	5.86	7.54	7.42
Return on Total Capital	8.65	9.51	9.27	11.77	11.59
Return On Equity %	-22.93	12.42	-0.63	27.82	18.36
Return on Common Equity	-23.12	12.31	-0.76	27.75	18.27
Margin Analysis
Gross Profit Margin %	60.55	60.28	58.11	57.85	59.97
SG&A Margin	32.38	35.76	35.14	32.41	34.96
EBITDA Margin %	29.31	24.87	22.84	25.23	24.74
EBITA Margin %	27.46	23.1	21.13	23.53	22.91
EBIT Margin %	26.19	22.48	20.63	23.25	22.72
Income From Continuing Operations Margin %	-21.58	8.24	-0.39	16.3	11.28
Net Income Margin %	-28.67	8.48	-0.24	16.12	11.25
Net Avail. For Common Margin %	-21.68	8.13	-0.48	16.17	11.19
Normalized Net Income Margin	15.54	12.65	15.37	13.32	12.93
Levered Free Cash Flow Margin	14.53	17.89	19.17	20.11	15.51
Unlevered Free Cash Flow Margin	16.14	19.12	20.32	21.12	16.78
Asset Turnover
Asset Turnover	0.37	0.44	0.45	0.52	0.52
Fixed Assets Turnover	5.97	6.4	6	6.22	6
Receivables Turnover (Average Receivables)	7.24	8.55	8.52	8.83	8.52
Inventory Turnover (Average Inventory)	3.91	3.83	3.63	3.71	3.38
Short Term Liquidity
Current Ratio	0.56	0.77	0.62	0.63	0.64
Quick Ratio	0.4	0.52	0.4	0.4	0.41
Operating Cash Flow to Current Liabilities	0.16	0.51	0.21	0.29	0.32
Days Sales Outstanding (Average Receivables)	50.45	42.8	42.86	41.35	42.84
Days Outstanding Inventory (Average Inventory)	93.27	95.68	100.43	98.38	108.06
Average Days Payable Outstanding	128.46	124.02	142.43	125.19	147.06
Cash Conversion Cycle (Average Days)	15.26	14.47	0.86	14.54	3.84
Long Term Solvency
Total Debt/Equity	129.65	115.26	129.26	96.3	103.01
Total Debt / Total Capital	56.46	53.55	56.38	49.06	50.74
LT Debt/Equity	90.84	106.93	95.92	78.15	83.19
Long-Term Debt / Total Capital	39.55	49.68	41.84	39.81	40.98
Total Liabilities / Total Assets	70.73	70.73	72.34	67.01	68.79
EBIT / Interest Expense	10.16	11.39	11.19	14.42	11.25
EBITDA / Interest Expense