Financials Yara International ASA

Equities

YAR

NO0010208051

Agricultural Chemicals

Market Closed - Oslo Bors Other stock markets 10:45:00 2025-06-19 am EDT			5-day change	1st Jan Change
396.50 ^NOK	-0.05%		+5.56%	+31.82%

Jun. 18	Heidelberg sells out of net-zero cement from Norway plant, CEO says	RE
Jun. 11	Kepler Cheuvreux Upgrades Yara International to Buy, Boosts PT	MT

Projected Income Statement: Yara International ASA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	99,871	145,876	249,666	165,083	156,218	153,139	152,734	153,449
Change	-	46.06%	71.15%	-33.88%	-5.37%	-1.97%	-0.26%	0.47%
EBITDA ¹	18,402	25,386	50,751	18,179	22,994	24,454	24,518	24,405
Change	-	37.95%	99.92%	-64.18%	26.49%	6.35%	0.26%	-0.46%
EBIT ¹	12,228	9,438	39,727	3,313	11,256	13,645	13,321	13,154
Change	-	-22.82%	320.93%	-91.66%	239.77%	21.22%	-2.37%	-1.25%
Interest Paid ¹	-873.4	-883.7	-1,569	-950.4	-2,915	-2,119	-1,506	-1,226
Earnings before Tax (EBT) ¹	7,238	6,491	37,775	2,028	2,018	11,843	11,844	11,651
Change	-	-10.32%	481.93%	-94.63%	-0.5%	486.86%	0.01%	-1.63%
Net income ¹	5,884	3,968	28,827	509.7	157	9,068	8,982	8,779
Change	-	-32.57%	626.52%	-98.23%	-69.2%	5,677.1%	-0.94%	-2.26%
Announcement Date	2/9/21	2/8/22	2/8/23	2/9/24	2/7/25	-	-	-

¹NOK in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	26,566	28,686	24,908	26,258	34,759	37,480	44,192	54,579	64,909	66,019	56,720	44,265	39,603	42,594	38,035	36,424	38,468	40,049	38,331	38,024	41,024	41,231	41,453	38,531	37,865	-	-
Change	-	7.98%	-13.17%	5.42%	32.37%	7.83%	17.91%	23.5%	18.93%	1.71%	-14.08%	-21.96%	-10.53%	7.55%	-10.7%	-4.24%	5.61%	4.11%	-4.29%	-0.8%	7.89%	0.5%	0.54%	-7.05%	-1.73%	-	-
EBITDA ¹	5,445	5,192	4,351	4,889	6,825	6,391	6,720	12,426	14,837	10,621	11,076	5,181	2,533	4,367	6,116	4,780	5,592	6,412	5,819	6,650	6,037	6,824	6,368	6,387	6,392	6,432	6,028
Change	-	-4.64%	-16.19%	12.35%	39.6%	-6.35%	5.14%	84.92%	19.4%	-28.41%	4.28%	-53.23%	-51.11%	72.42%	40.04%	-21.85%	17%	14.66%	-9.25%	14.29%	-9.22%	13.04%	-6.69%	0.31%	0.07%	0.62%	-6.28%
EBIT ¹	3,102	3,573	1,328	2,691	4,201	1,011	1,308	10,146	12,302	8,350	8,066	2,121	-2,511	1,136	2,761	1,989	2,812	3,442	2,825	3,294	3,148	3,779	3,574	4,257	4,049	-	-
Change	-	15.19%	-62.82%	102.57%	56.1%	-75.93%	29.37%	675.75%	21.25%	-32.12%	-3.41%	-73.7%	-218.38%	145.24%	143.03%	-27.96%	41.41%	22.37%	-17.91%	16.58%	-4.42%	20.03%	-5.42%	19.11%	-4.89%	-	-
Charge d'intérêts ¹	-166.7	-269.8	-67.84	-166.3	-220.2	-225.6	-247.4	-318.4	-492.9	-507.4	-216.8	-426.4	-281.2	-275.7	42.24	-441.8	-577.7	-601.2	-596.6	-593.3	-489.5	-437.6	-375	-353.9	-343.5	-	-
Earnings before Tax (EBT) ¹	2,324	3,582	2,538	384.4	6,217	-417.7	325	11,364	9,264	5,655	9,893	1,713	-2,923	132.3	3,281	670.2	403.3	4,099	-3,274	4,003	3,547	3,306	3,500	3,695	3,497	-	-
Change	-	54.13%	-29.16%	-84.85%	1,517.28%	-106.72%	177.8%	3,396.67%	-18.48%	-38.95%	74.93%	-82.69%	-270.65%	104.53%	2,379.13%	-79.57%	-39.82%	916.34%	-179.86%	222.26%	-11.39%	-6.78%	5.88%	5.56%	-5.35%	-	-
Net income ¹	2,065	3,164	2,095	108.6	4,747	-1,195	362.3	8,715	6,679	4,265	7,983	1,106	-3,016	22.06	2,591	198.8	10.9	3,124	-3,251	3,064	2,450	2,238	2,051	2,800	2,633	-	-
Change	-	53.21%	-33.78%	-94.81%	4,269.01%	-125.17%	130.33%	2,305.32%	-23.36%	-36.14%	87.15%	-86.14%	-372.56%	100.73%	11,645.77%	-92.33%	-94.52%	28,555.96%	-204.09%	194.25%	-20.04%	-8.66%	-8.35%	36.5%	-5.95%	-	-
Announcement Date	7/17/20	10/20/20	2/9/21	4/23/21	7/16/21	10/20/21	2/8/22	4/27/22	7/19/22	10/20/22	2/8/23	4/28/23	7/19/23	10/20/23	2/9/24	4/26/24	7/19/24	10/25/24	2/7/25	4/25/25	-	-	-	-	-	-	-

¹NOK in Million

Estimates

Forecast Balance Sheet: Yara International ASA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	24,846	34,729	33,094	38,967	41,985	31,422	27,955	25,363
Change	-	39.78%	-4.71%	17.75%	7.75%	-25.16%	-11.03%	-9.27%
Announcement Date	2/9/21	2/8/22	2/8/23	2/9/24	2/7/25	-	-	-

¹NOK in Million

Estimates

Cash Flow Forecast: Yara International ASA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	6,267	7,149	9,559	12,028	11,684	12,136	12,332	12,538
Change	-	14.08%	33.7%	25.83%	-2.86%	3.87%	1.61%	1.68%
Free Cash Flow (FCF) ¹	19,462	5,276	15,123	12,133	2,792	8,750	9,257	6,985
Change	-	-72.89%	186.65%	-19.77%	-76.99%	213.44%	5.79%	-24.54%
Announcement Date	2/9/21	2/8/22	2/8/23	2/9/24	2/7/25	-	-	-

¹NOK in Million

Estimates

Forecast Financial Ratios: Yara International ASA

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	18.43%	17.4%	20.33%	11.01%	14.72%	15.97%	16.05%	15.9%
EBIT Margin (%)	12.24%	6.47%	15.91%	2.01%	7.21%	8.91%	8.72%	8.57%
EBT Margin (%)	7.25%	4.45%	15.13%	1.23%	1.29%	7.73%	7.75%	7.59%
Net margin (%)	5.89%	2.72%	11.55%	0.31%	0.1%	5.92%	5.88%	5.72%
FCF margin (%)	19.49%	3.62%	6.06%	7.35%	1.79%	5.71%	6.06%	4.55%
FCF / Net Income (%)	330.74%	132.96%	52.46%	2,380.62%	1,778.51%	96.49%	103.06%	79.56%
Profitability
ROA	4.15%	2.65%	15.75%	0.28%	2.84%	6.44%	5.55%	5.14%
ROE	8.14%	5.89%	35.4%	0.59%	6.04%	11.79%	10.55%	9.81%
Financial Health
Leverage (Debt/EBITDA)	1.35x	1.37x	0.65x	2.14x	1.83x	1.28x	1.14x	1.04x
Debt / Free cash flow	1.28x	6.58x	2.19x	3.21x	15.04x	3.59x	3.02x	3.63x
Capital Intensity
CAPEX / Current Assets (%)	6.27%	4.9%	3.83%	7.29%	7.48%	7.92%	8.07%	8.17%
CAPEX / EBITDA (%)	34.05%	28.16%	18.83%	66.17%	50.81%	49.63%	50.3%	51.38%
CAPEX / FCF (%)	32.2%	135.51%	63.21%	99.13%	418.55%	138.7%	133.22%	179.51%
Items per share
Cash flow per share ¹	64.77	48.39	96.89	94.85	56.83	77.25	86.69	80.48
Change	-	-25.3%	100.26%	-2.11%	-40.09%	35.94%	12.22%	-7.17%
Dividend per Share ¹	38	50	65	5	5	15.77	15.27	17.04
Change	-	31.58%	30%	-92.31%	0%	215.37%	-3.18%	11.61%
Book Value Per Share ¹	262.5	246.5	348	313.1	309.5	320.3	339.3	356
Change	-	-6.11%	41.2%	-10.03%	-1.16%	3.5%	5.92%	4.94%
EPS ¹	21.97	15.37	113.1	2.017	0.5606	35.81	34.71	34.5
Change	-	-30.03%	636.08%	-98.22%	-72.21%	6,288.77%	-3.08%	-0.6%
Nbr of stocks (in thousands)	263,001	254,792	254,726	254,726	254,726	254,726	254,726	254,726
Announcement Date	2/9/21	2/8/22	2/8/23	2/9/24	2/7/25	-	-	-