Investors

Key financial data

BASF Report 2025

Key Figuresa

    2025

2024

+/-
Sales million € 59,657 61,444 -2.9%
EBITDA before special items million €                   6,554 7,240 -9.5%
EBITDA million €                   5,618 6,211 -9.5%
EBITDA margin from special items % 11.0% 11.8% .
Depreciation and amortizationb million €                   3,984 4,400 -9.5%
Income from operations (EBIT) million €                   1,634 1,810 -9.7%
Special items in EBIT million €                  -1,253 -1,713 26.8%
EBIT before special items million €                   2,887 3,523 -18.1%
Income before income taxes million €                   2,447 1,861 31.5%
Income after taxes from continuing operations million €                   1,540 1,288 19.6%
Income after taxes from discontinued operations million €                      185 165 12.2%
Income after taxes million €                   1,726 1,453 18.8%
Net income million €                   1,619 1,298 24.7%
Earnings per share 1.82 1.45 25.1%

           of which from continuing operations

1.63 1.29 27.0%
Adjusted earnings per share 2.24 3.51 -36.6%

           of which from continuing operations

1.89 3.09 -38.8%
         
Research and development expenses million €                   1,995 1,969 1.3%
Personnel expenses million €                 12,299 11,241 9.4%
Employees (December 31) million €              108,251 111,822 -3.2%
         
Assets (December 31) million €                 76,174 80,415 -5.3%
Investments including acquisitionsc million €                   4,787 6,826 -29.9%
         
Equity ratio (December 31) % 45.1% 45.9% .
Net debt (December 31) million €                 18,329 18,781 -2.4%
Cash flows from operating activities million €                   5,610 6,946 -19.2%
Free cash flow million €                   1,342 748 79.5%

a Owing to the planned divestiture of BASF's automotive OEM coatings, automotive refinish coatings and surface treatment businesses to Carlyle, the affected activities have been classified as discontinued operations in accordance with IFRS 5 retrospectively as of January 1, 2025. The earnings figures listed until income before income taxes for 2024 have been restated. Items of the balance sheet and statement of cash flows are not affected.
b Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments)
c Additions to property, plant and equipment and intangible assets

Due to rounding, individual figures may not add up to the totals shown and percentages may not correspond exactly to the figures shown.

Last UpdateFebruary 27, 2026