At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions.
Smart Verbund concept
applied to production, technology, market, digitalization
With companies in 90 countries
we contribute to our customers’ success
Broad portfolio
6 segments, 11 operating divisions, 75 strategic business units
Organizational development
for greater customer proximity, increased competitiveness and profitable growth
| Million € | 2017 | 2018 | 2019 | 2020 | 2021 |
| Sales | 61,2231 | 60,2202 | 59,316 | 59,149 | 78,598 |
| Income from operations before depreciation, amortization and special items | 10,7381 | 9,2712 | 8,3243 | 7,435 | 11,348 |
| Income from operations before depreciation and amortization (EBITDA) | 10,7651 | 8,9702 | 8,1853 | 6,494 | 11,355 |
| Income from operations (EBIT) before special items | 7,6451 | 6,2812 | 4,6433 | 3,560 | 7,768 |
| Income from operations (EBIT) | 7,5871 | 5,9742 | 4,2013 | –191 | 7,677 |
| Net income | 6,078 | 4,707 | 8,421 | –1,060 | 5,523 |
| Return on capital employed (ROCE) (%) | 15.4 | 12.02 | 7.7 | 1.7 | 13.74 |
| Earnings per share (EPS) (€) | 6.62 | 5.12 | 9.17 | –1.15 | 6.01 |
| Adjusted earnings per share (EPS) (€) | 6.44 | 5.87 | 4.00 | 3.21 | 6.76 |
| Dividend per share (€) | 3.10 | 3.20 | 3.30 | 3.30 | 3.40 |
| Dividend yield5 (%) | 3.38 | 5.30 | 4.90 | 5.10 | 5.50 |
| Cash flows from operating activities | 8,785 | 7,939 | 7,474 | 5,413 | 7,245 |
| Free cash flow | 4,789 | 4,045 | 3,650 | 2,284 | 3,713 |
1 Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations.
2 Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations.
3 Figures for 2019 were restated to reflect the reclassification of income from non-integral companies accounted for using the equity method to net income from non-integral companies accounted for using the equity method to net income from shareholdings.
4 BASF’s ethylene value chain was reorganized as of January 1, 2022. In this connection, the polyolefins and styrenics businesses of the joint venture BASF-YPC Company Ltd., Nanjing, China, which were previously reported under Other, were allocated to the Petrochemicals division. The figure has been adjusted accordingly. Overall, the adjustments improved the BASF Group's ROCE for 2021 by 0.2 percentage points to 13.7%. For more information, see basf.com/q12022.
5 Based on year-end share price
