€141.49B Market Cap.
UL Market Cap. (MRY)
UL Shares Outstanding (MRY)
UL Assets (MRY)
Total Assets
€79.75B
Total Liabilities
€57.20B
Total Investments
€2.90B
UL Income (MRY)
Revenue
€60.76B
Net Income
€5.74B
Operating Expense
€0
UL Cash Flow (MRY)
CF Operations
€12.14B
CF Investing
-€625.00M
CF Financing
-€6.94B
UL Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $1.87 | 3.30% | 0.59% | 81.17% | 1.23 |
2023 | $1.86 | 3.80% | 3.23% | 71.94% | 1.39 |
2022 | $1.80 | 3.60% | -11.43% | 59.93% | 1.67 |
2021 | $2.03 | 3.80% | 9.73% | 87.12% | 1.15 |
2020 | $1.85 | 3.10% | - | 86.85% | 1.15 |
UL Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | €79,750,000,000 (5.96%) | €75,266,000,000 (-3.28%) | €77,821,000,000 (3.63%) | €75,095,000,000 (10.99%) |
Assets Current | €19,194,000,000 (7.22%) | €17,902,000,000 (-6.55%) | €19,157,000,000 (10.09%) | €17,401,000,000 (7.70%) |
Assets Non-Current | €60,556,000,000 (5.56%) | €57,364,000,000 (-2.22%) | €58,664,000,000 (1.68%) | €57,694,000,000 (12.02%) |
Goodwill & Intangible Assets | €40,901,000,000 (3.64%) | €39,466,000,000 (-2.53%) | €40,489,000,000 (4.92%) | €38,591,000,000 (10.45%) |
Shareholders Equity | €19,990,000,000 (10.43%) | €18,102,000,000 (-4.83%) | €19,021,000,000 (11.19%) | €17,107,000,000 (12.06%) |
Property Plant & Equipment Net | €11,669,000,000 (8.98%) | €10,707,000,000 (-0.58%) | €10,770,000,000 (4.09%) | €10,347,000,000 (-2.00%) |
Cash & Equivalents | €6,136,000,000 (47.54%) | €4,159,000,000 (-3.86%) | €4,326,000,000 (26.68%) | €3,415,000,000 (-38.45%) |
Accumulated Other Comprehensive Income | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Deferred Revenue | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Total Investments | €2,901,000,000 (-6.93%) | €3,117,000,000 (20.39%) | €2,589,000,000 (9.98%) | €2,354,000,000 (39.79%) |
Investments Current | €1,330,000,000 (-23.17%) | €1,731,000,000 (20.63%) | €1,435,000,000 (24.13%) | €1,156,000,000 (43.07%) |
Investments Non-Current | €1,571,000,000 (13.35%) | €1,386,000,000 (20.10%) | €1,154,000,000 (-3.67%) | €1,198,000,000 (36.76%) |
Inventory | €5,177,000,000 (1.13%) | €5,119,000,000 (-13.69%) | €5,931,000,000 (26.65%) | €4,683,000,000 (4.95%) |
Trade & Non-Trade Receivables | €6,011,000,000 (4.09%) | €5,775,000,000 (-18.15%) | €7,056,000,000 (30.14%) | €5,422,000,000 (9.78%) |
Trade & Non-Trade Payables | €16,690,000,000 (-0.99%) | €16,857,000,000 (-6.47%) | €18,023,000,000 (21.28%) | €14,861,000,000 (5.16%) |
Accumulated Retained Earnings (Deficit) | - | - | - | - |
Tax Assets | €1,653,000,000 (7.34%) | €1,540,000,000 (7.69%) | €1,430,000,000 (-20.07%) | €1,789,000,000 (-3.09%) |
Tax Liabilities | €5,605,000,000 (7.17%) | €5,230,000,000 (-2.17%) | €5,346,000,000 (-11.53%) | €6,043,000,000 (26.79%) |
Total Debt | €32,053,000,000 (8.21%) | €29,622,000,000 (0.45%) | €29,488,000,000 (-2.14%) | €30,133,000,000 (10.36%) |
Debt Current | €6,987,000,000 (37.35%) | €5,087,000,000 (-11.91%) | €5,775,000,000 (-20.37%) | €7,252,000,000 (62.56%) |
Debt Non-Current | €25,066,000,000 (2.16%) | €24,535,000,000 (3.47%) | €23,713,000,000 (3.64%) | €22,881,000,000 (0.16%) |
Total Liabilities | €57,195,000,000 (4.94%) | €54,502,000,000 (-2.88%) | €56,120,000,000 (1.39%) | €55,349,000,000 (10.69%) |
Liabilities Current | €25,234,000,000 (7.35%) | €23,507,000,000 (-7.55%) | €25,427,000,000 (2.62%) | €24,778,000,000 (20.33%) |
Liabilities Non-Current | €31,961,000,000 (3.12%) | €30,995,000,000 (0.98%) | €30,693,000,000 (0.40%) | €30,571,000,000 (3.94%) |
UL Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | €60,761,000,000 (1.94%) | €59,604,000,000 (-0.78%) | €60,073,000,000 (14.55%) | €52,444,000,000 (3.39%) |
Cost of Revenue | €51,361,000,000 (3.04%) | €49,846,000,000 (1.07%) | €49,318,000,000 (12.75%) | €43,742,000,000 (3.11%) |
Selling General & Administrative Expense | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Research & Development Expense | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Operating Expenses | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Interest Expense | €1,113,000,000 (7.23%) | €1,038,000,000 (26.89%) | €818,000,000 (66.60%) | €491,000,000 (-32.55%) |
Income Tax Expense | €2,500,000,000 (13.69%) | €2,199,000,000 (6.33%) | €2,068,000,000 (6.87%) | €1,935,000,000 (0.62%) |
Net Loss Income from Discontinued Operations | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Consolidated Income | €6,369,000,000 (-10.80%) | €7,140,000,000 (-13.65%) | €8,269,000,000 (24.89%) | €6,621,000,000 (9.02%) |
Net Income to Non-Controlling Interests | €625,000,000 (-4.29%) | €653,000,000 (4.15%) | €627,000,000 (9.62%) | €572,000,000 (16.26%) |
Net Income | €5,744,000,000 (-11.45%) | €6,487,000,000 (-15.11%) | €7,642,000,000 (26.33%) | €6,049,000,000 (8.39%) |
Preferred Dividends Income Statement Impact | €0 (0%) | €0 (0%) | €0 (0%) | €0 (0%) |
Net Income Common Stock | €5,744,000,000 (-11.45%) | €6,487,000,000 (-15.11%) | €7,642,000,000 (26.33%) | €6,049,000,000 (8.39%) |
Weighted Average Shares | €2,495,400,000 (-0.78%) | €2,515,000,000 (-1.28%) | €2,547,500,000 (-2.23%) | €2,605,700,000 (-0.90%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | €9,357,000,000 (-3.77%) | €9,724,000,000 (-7.64%) | €10,528,000,000 (24.22%) | €8,475,000,000 (2.95%) |
Gross Profit | €9,400,000,000 (-3.67%) | €9,758,000,000 (-9.27%) | €10,755,000,000 (23.59%) | €8,702,000,000 (4.81%) |
Operating Income | €9,400,000,000 (-3.67%) | €9,758,000,000 (-9.27%) | €10,755,000,000 (23.59%) | €8,702,000,000 (4.81%) |
UL Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -€625,000,000 (72.76%) | -€2,294,000,000 (-193.52%) | €2,453,000,000 (175.57%) | -€3,246,000,000 (-119.18%) |
Net Cash Flow from Financing | -€6,941,000,000 (3.50%) | -€7,193,000,000 (19.09%) | -€8,890,000,000 (-25.23%) | -€7,099,000,000 (-22.31%) |
Net Cash Flow from Operations | €12,144,000,000 (5.04%) | €11,561,000,000 (14.59%) | €10,089,000,000 (-2.10%) | €10,305,000,000 (-5.74%) |
Net Cash Flow / Change in Cash & Cash Equivalents | €1,953,000,000 (3301.64%) | -€61,000,000 (-107.22%) | €845,000,000 (135.61%) | -€2,373,000,000 (-233.84%) |
Net Cash Flow - Business Acquisitions and Disposals | €451,000,000 (1655.17%) | -€29,000,000 (-100.76%) | €3,828,000,000 (301.16%) | -€1,903,000,000 (-58.72%) |
Net Cash Flow - Investment Acquisitions and Disposals | €426,000,000 (151.39%) | -€829,000,000 (-2268.57%) | -€35,000,000 (86.11%) | -€252,000,000 (-152.39%) |
Capital Expenditure | -€1,701,000,000 (-16.51%) | -€1,460,000,000 (-6.26%) | -€1,374,000,000 (-36.44%) | -€1,007,000,000 (-30.10%) |
Issuance (Repayment) of Debt Securities | €697,000,000 (576.70%) | €103,000,000 (105.96%) | -€1,727,000,000 (-224.24%) | €1,390,000,000 (867.96%) |
Issuance (Purchase) of Equity Shares | -€1,508,000,000 (-0.07%) | -€1,507,000,000 (0.13%) | -€1,509,000,000 (50.00%) | -€3,018,000,000 (0%) |
Payment of Dividends & Other Cash Distributions | -€4,319,000,000 (1.01%) | -€4,363,000,000 (-0.79%) | -€4,329,000,000 (3.44%) | -€4,483,000,000 (-4.77%) |
Effect of Exchange Rate Changes on Cash | -€48,000,000 (59.66%) | -€119,000,000 (-1600.00%) | -€7,000,000 (-102.46%) | €285,000,000 (168.84%) |
Share Based Compensation | €324,000,000 (52.83%) | €212,000,000 (19.77%) | €177,000,000 (9.94%) | €161,000,000 (49.07%) |
Depreciation Amortization & Accretion | €1,757,000,000 (11.27%) | €1,579,000,000 (-18.86%) | €1,946,000,000 (10.38%) | €1,763,000,000 (-12.64%) |
UL Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 15.50% (-5.49%) | 16.40% (-8.38%) | 17.90% (7.83%) | 16.60% (1.22%) |
Profit Margin | 9.50% (-12.84%) | 10.90% (-14.17%) | 12.70% (10.43%) | 11.50% (4.55%) |
EBITDA Margin | 18.30% (-3.68%) | 19.00% (-8.65%) | 20.80% (6.67%) | 19.50% (-3.47%) |
Return on Average Equity (ROAE) | 30.20% (-13.47%) | 34.90% (-17.49%) | 42.30% (13.10%) | 37.40% (-4.59%) |
Return on Average Assets (ROAA) | 7.40% (-12.94%) | 8.50% (-15.00%) | 10.00% (17.65%) | 8.50% (1.19%) |
Return on Sales (ROS) | 15.40% (-5.52%) | 16.30% (-6.86%) | 17.50% (8.02%) | 16.20% (0.00%) |
Return on Invested Capital (ROIC) | 24.20% (-6.92%) | 26.00% (-6.81%) | 27.90% (19.23%) | 23.40% (0.43%) |
Dividend Yield | 3.30% (-13.16%) | 3.80% (5.56%) | 3.60% (-5.26%) | 3.80% (22.58%) |
Price to Earnings Ratio (P/E) | 23.67 (39.94%) | 16.91 (7.20%) | 15.78 (-22.35%) | 20.32 (-12.57%) |
Price to Sales Ratio (P/S) | 2.23 (21.40%) | 1.84 (-8.27%) | 2.01 (-14.67%) | 2.35 (-8.34%) |
Price to Book Ratio (P/B) | 6.79 (12.09%) | 6.06 (-4.37%) | 6.34 (-12.08%) | 7.21 (-15.43%) |
Debt to Equity Ratio (D/E) | 2.86 (-4.98%) | 3.01 (2.07%) | 2.95 (-8.81%) | 3.23 (-1.25%) |
Earnings Per Share (EPS) | 2.3 (-10.85%) | 2.58 (-14.00%) | 3 (28.76%) | 2.33 (9.39%) |
Sales Per Share (SPS) | 25.36 (-3.68%) | 26.33 (4.97%) | 25.09 (9.68%) | 22.87 (-2.79%) |
Free Cash Flow Per Share (FCFPS) | 4.18 (4.21%) | 4.02 (17.39%) | 3.42 (-4.12%) | 3.57 (-7.66%) |
Book Value Per Share (BVPS) | 8.01 (11.29%) | 7.2 (-3.60%) | 7.47 (13.74%) | 6.57 (13.07%) |
Tangible Assets Book Value Per Share (TABVPS) | 15.57 (9.36%) | 14.23 (-2.86%) | 14.65 (4.60%) | 14.01 (12.58%) |
Enterprise Value Over EBIT (EV/EBIT) | 17 (21.43%) | 14 (0.00%) | 14 (-17.65%) | 17 (-10.53%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 14.73 (22.63%) | 12.01 (1.44%) | 11.84 (-17.84%) | 14.41 (-3.79%) |
Asset Turnover | 0.78 (0.64%) | 0.78 (-0.89%) | 0.79 (6.94%) | 0.73 (-4.05%) |
Current Ratio | 0.76 (-0.13%) | 0.76 (1.20%) | 0.75 (7.26%) | 0.7 (-10.57%) |
Dividends | €1.87 (0.59%) | €1.86 (3.23%) | €1.8 (-11.43%) | €2.03 (9.73%) |
Free Cash Flow (FCF) | €10,443,000,000 (3.39%) | €10,101,000,000 (15.90%) | €8,715,000,000 (-6.27%) | €9,298,000,000 (-8.48%) |
Enterprise Value (EV) | €170,493,527,826 (13.04%) | €150,819,334,831 (-4.00%) | €157,105,008,838 (-6.29%) | €167,642,955,941 (-10.45%) |
Earnings Before Tax (EBT) | €8,244,000,000 (-5.09%) | €8,686,000,000 (-10.55%) | €9,710,000,000 (21.62%) | €7,984,000,000 (6.40%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | €11,114,000,000 (-1.67%) | €11,303,000,000 (-9.39%) | €12,474,000,000 (21.84%) | €10,238,000,000 (-0.12%) |
Invested Capital | €39,532,000,000 (4.70%) | €37,756,000,000 (1.86%) | €37,067,000,000 (-3.58%) | €38,444,000,000 (13.46%) |
Working Capital | -€6,040,000,000 (-7.76%) | -€5,605,000,000 (10.61%) | -€6,270,000,000 (15.01%) | -€7,377,000,000 (-66.34%) |
Tangible Asset Value | €38,849,000,000 (8.52%) | €35,800,000,000 (-4.10%) | €37,332,000,000 (2.27%) | €36,504,000,000 (11.57%) |
Market Capitalization | €141,489,180,000 (16.04%) | €121,927,200,000 (-4.94%) | €128,266,625,000 (-8.49%) | €140,160,603,000 (-11.68%) |
Average Equity | €19,046,000,000 (2.61%) | €18,561,500,000 (2.75%) | €18,064,000,000 (11.60%) | €16,186,500,000 (13.76%) |
Average Assets | €77,508,000,000 (1.26%) | €76,543,500,000 (0.11%) | €76,458,000,000 (7.12%) | €71,377,000,000 (7.77%) |
Invested Capital Average | €38,644,000,000 (3.29%) | €37,411,500,000 (-0.91%) | €37,755,500,000 (4.40%) | €36,163,500,000 (2.22%) |
Shares | 2,495,400,000 (-0.78%) | 2,515,000,000 (-1.28%) | 2,547,500,000 (-2.23%) | 2,605,700,000 (-0.90%) |
