ChartRow logo
GSK
$51.15+5.03%
as of close, Nov 4, 2026
☾ AH $51.15 +5.03%
GSK plc American Depositary Shares (Each representing two Ordinary Shares)Stock · Healthcare
PeersBMYSNYPFEAMGNNVSGILD
Share this page

GSK financial statements

The full income statement, balance sheet, and cash-flow statement for GSK plc American Depositary Shares (Each representing two Ordinary Shares) (GSK), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Financial overview#

Revenue

5Y CAGR +6.7%10Y CAGR +1.7%
$43.1B FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Gross profit

5Y CAGR +8.2%10Y CAGR +3.1%
$31.2B FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Operating income

5Y CAGR +6.4%5Y CAGR +6.4%
$10.5B FY25
FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Net income

5Y CAGR +0.3%10Y CAGR −4.2%
$8.3B FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

EPS (diluted)

5Y CAGR +0.0%10Y CAGR −3.6%
$3.66 FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Operating cash flow

5Y CAGR −1.2%10Y CAGR +10.0%
$10.2B FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Capital expenditure

5Y CAGR +7.0%10Y CAGR −1.7%
$1.8B FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Free cash flow

5Y CAGR −2.5%10Y CAGR +16.6%
$8.4B FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Shares (diluted)

5Y +2.2%10Y −15.8%
2.1B FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Dividend per share

5Y CAGR −7.4%10Y CAGR −3.3%
$1.74 FY25
FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25

No quarters filed for this figure.

Shares outstanding (point-in-time)

2017-12 2.47B2018-12 2.49B2019-12 2.51B2020-12 2.02B2021-12 2.03B2022-12 2.04B2023-12 2.06B2024-12 2.07B2025-12 2.06B-16.7% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeFiguresAs-reported fiscal years.
Line itemTrendFY2025FY2024FY2023FY2022FY2021
Income Statementas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
Revenue43.1B+7.6%40.1B+6.3%37.7B+4.3%36.2B+6.4%34.0B+8.7%
31.2B+9.4%28.5B+5.5%27.1B+11.0%24.4B+7.2%22.7B+7.9%
Cost of revenue11.9B+3.0%11.6B+8.6%10.6B-9.6%11.8B+4.9%11.2B+10.4%
Research & development9.93B+21.4%8.18B+5.7%7.74B+14.3%6.77B-2.0%6.90B+12.3%
Operating income10.5B+103.8%5.14B-38.7%8.39B+5.7%7.93B+32.3%5.99B-21.9%
Interest expense925M+8.2%855M-13.2%985M-9.1%1.08B+2.5%1.06B-5.7%
Pre-tax income9.77B+119.9%4.44B-41.1%7.54B+8.7%6.94B+40.2%4.95B-25.4%
Income tax1.47B+118.4%672M-28.5%940M+7.8%872M+663.5%114M+32.8%
8.30B+120.2%3.77B-42.9%6.60B-65.7%19.3B+174.8%7.01B-14.5%
Net income to common7.55B+129.3%3.29B-46.3%6.13B-66.8%18.4B+205.7%6.03B-18.2%
$3.66+130.5%$1.59-46.7%$2.98-67.0%$9.03+203.4%$2.98-18.6%
EPS (basic)$3.73+130.6%$1.62-46.6%$3.02-67.0%$9.16+203.7%$3.02-18.6%
Weighted-avg shares (basic)2.03B-0.6%2.04B+0.6%2.03B+0.6%2.01B+0.6%2.00B+0.6%
Weighted-avg shares (diluted)2.06B-0.6%2.07B+0.8%2.06B+0.7%2.04B+0.8%2.03B+0.5%
Dividends per share$1.74+11.8%$1.56+8.1%$1.44-4.5%$1.51-45.1%$2.75+7.2%
Balance Sheetas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
23.6B+10.6%21.3B-10.2%23.7B-5.2%25.0B-0.7%25.2B-8.7%
Cash & equivalents4.57B-5.8%4.86B+29.9%3.74B-16.7%4.49B-22.2%5.77B-32.7%
Accounts receivable10.1B+17.3%8.58B-8.8%9.40B+10.6%8.50B-19.9%10.6B+12.0%
Inventory7.98B+12.1%7.11B+1.6%7.00B+12.8%6.20B-20.5%7.81B-4.5%
82.3B+10.3%74.6B-0.7%75.1B+3.6%72.5B-32.1%107B-2.6%
Property, plant & equipment12.6B+8.4%11.6B+0.8%11.5B+6.6%10.8B-19.7%13.4B-3.3%
Goodwill9.45B+7.9%8.76B+1.0%8.67B+2.1%8.49B-40.4%14.2B-1.4%
Total non-current assets58.7B+10.2%53.3B+3.7%51.4B+8.3%47.5B-41.8%81.6B-0.6%
28.8B+5.8%27.2B+1.5%26.8B-2.4%27.5B-13.9%32.0B+5.8%
Short-term & current debt4.06B+37.6%2.95B-17.7%3.58B-24.8%4.76B-2.0%4.86B-4.3%
60.8B+4.5%58.2B-1.1%58.8B-2.5%60.3B-22.6%78.0B-4.1%
Long-term debt19.8B+7.8%18.4B-5.1%19.4B-5.7%20.5B-26.0%27.8B-13.0%
22.1B+28.6%17.2B+0.9%17.0B+33.0%12.8B-37.1%20.3B+2.2%
Total equity incl. non-controlling21.5B+30.8%16.4B+0.8%16.3B+33.9%12.2B-57.7%28.8B+1.6%
Common shares issued2.16B+0.0%2.16B+0.1%2.16B+0.0%2.16B-20.0%2.69B+0.0%
Shares outstanding (cover)2.16B+0.0%2.16B+0.1%2.16B+0.0%2.16B-20.0%2.69B+0.0%
Cash Flowas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
10.2B+22.0%8.38B-0.5%8.41B-7.8%9.13B-16.6%10.9B+1.0%
Depreciation & amortization3.05B-6.3%3.26B+14.3%2.85B+7.7%2.65B-9.3%2.92B+11.0%
Capital expenditure1.78B-0.5%1.79B+9.4%1.63B+15.9%1.41B+7.8%1.31B+3.0%
Free cash flow8.44B+28.1%6.59B-2.8%6.78B-12.1%7.72B-19.9%9.63B+0.7%
Acquisitions0.000.000.000.000.00
Long-term debt issued2.61B+90.2%1.37B+395.5%277M-78.1%1.26B0.00-100.0%
Long-term debt repaid1.85B-10.4%2.06B-26.5%2.81B-65.8%8.22B0.00
Common stock issued19.8M-22.5%25.6M+105.6%12.4M-59.7%30.8M+6.7%28.9M-22.4%
Common stock repurchased1.82B0.000.000.000.00
Dividends paid3.38B+8.4%3.12B+11.8%2.79B-34.6%4.27B-22.3%5.50B+7.8%
Valuation Ratiosas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
Market cap101B+44.1%70.0B-7.4%75.7B+6.3%71.2B-20.3%89.3B+20.5%
P/E12.2×-34.5%18.6×+372.7%3.9×-61.3%10.2×-20.3%12.7×+40.9%
P/S2.3×+34.0%1.7×-16.5%2.1×-0.1%2.1×-20.3%2.6×+10.8%
P/B4.6×+12.1%4.1×-31.1%5.9×+69.1%3.5×-20.3%4.4×+17.9%
P/FCF12.0×+12.5%10.6×+8.4%9.8×+32.6%7.4×-20.3%9.3×+19.6%
Earnings yield8.2%+52.8%5.4%-78.8%25.4%+158.5%9.8%+25.5%7.8%-29.0%
FCF yield8.4%-11.1%9.4%-7.8%10.2%-24.6%13.5%+25.5%10.8%-16.4%
Dividend yield3.6%-22.9%4.6%+18.5%3.9%-9.5%4.3%-31.1%6.2%-10.5%
Source filing20-F20-F20-F20-F20-F

About this data

Source: GSK’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all GSK filings on SEC EDGAR → Not investment advice.