HLN financial statements
The full income statement, balance sheet, and cash-flow statement for Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN), 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.
Shares outstanding (point-in-time)
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.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 14.6B+1.4% | 14.4B+2.2% | 14.1B+5.0% | 13.4B+2.0% | 13.1B+3.5% | |
| 9.35B+7.2% | 8.72B+4.0% | 8.39B+3.4% | 8.11B-0.9% | 8.18B+7.9% | ||
| Cost of revenue | 5.21B-7.4% | 5.63B-0.5% | 5.66B+7.3% | 5.28B+6.7% | 4.94B-3.2% | |
| Research & development | 417M+9.5% | 381M-1.5% | 387M+4.5% | 370M+4.6% | 353M-9.4% | |
| Operating income | 3.18B+13.0% | 2.82B+13.6% | 2.48B+10.3% | 2.25B-0.1% | 2.25B+9.9% | |
| Interest expense | 449M-8.5% | 491M-1.8% | 500M+57.1% | 318M+1117.2% | 26.1M-24.5% | |
| Pre-tax income | 2.84B+16.4% | 2.44B+20.6% | 2.02B+1.5% | 1.99B-11.4% | 2.25B+10.3% | |
| Income tax | 623M+12.1% | 556M-13.5% | 643M+4.5% | 615M+127.0% | 271M-48.5% | |
| 2.22B+17.7% | 1.88B+36.5% | 1.38B+0.1% | 1.38B-30.3% | 1.98B+30.6% | ||
| Net income to common | 2.20B+19.4% | 1.84B+41.3% | 1.30B-0.2% | 1.31B-31.6% | 1.91B+30.2% | |
| $0.49+21.7% | $0.40+42.8% | $0.28-0.9% | $0.28-31.7% | $0.42+30.6% | ||
| EPS (basic) | $0.49+21.6% | $0.40+42.5% | $0.28-0.0% | $0.28-31.7% | $0.42+30.6% | |
| Weighted-avg shares (basic) | 4.49B-1.6% | 4.57B-1.1% | 4.62B-0.0% | 4.62B+0.0% | 4.62B+0.0% | |
| Weighted-avg shares (diluted) | 4.51B-1.6% | 4.59B-1.0% | 4.63B+0.3% | 4.62B+0.0% | 4.62B+0.0% | |
| Dividends per share | $0.18+12.5% | $0.16+53.5% | $0.10-85.4% | $0.72+109.4% | $0.34-48.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 6.13B-14.6% | 7.18B+17.0% | 6.14B+25.4% | 4.89B-31.0% | 7.09B | ||
| Cash & equivalents | 1.78B-36.9% | 2.82B+112.4% | 1.33B+61.2% | 825M+47.6% | 559M+23.1% | |
| Accounts receivable | 2.77B+7.5% | 2.58B+9.1% | 2.36B+4.2% | 2.27B-23.9% | 2.98B | |
| Inventory | 1.38B-7.6% | 1.49B-16.7% | 1.79B+10.3% | 1.63B+26.6% | 1.28B | |
| 43.9B+2.0% | 43.1B-0.7% | 43.4B+3.3% | 42.0B-9.7% | 46.5B | ||
| Property, plant & equipment | 2.52B+11.0% | 2.27B+0.2% | 2.27B+7.0% | 2.12B+0.4% | 2.11B | |
| Goodwill | 10.9B+6.3% | 10.3B-2.8% | 10.6B+4.6% | 10.1B-9.1% | 11.1B | |
| Total non-current assets | 37.8B+5.4% | 35.9B-3.6% | 37.2B+0.4% | 37.1B-5.9% | 39.4B | |
| Total current liabilities | 6.64B-8.9% | 7.29B+23.4% | 5.91B+12.1% | 5.27B-7.9% | 5.72B | |
| 21.7B-4.2% | 22.7B+2.9% | 22.1B-0.3% | 22.1B+105.7% | 10.8B | ||
| Long-term debt | 10.5B-3.5% | 10.8B-3.2% | 11.2B-7.1% | 12.1B+10169.3% | 117M | |
| 22.1B+9.0% | 20.3B-4.1% | 21.1B+7.4% | 19.7B-44.7% | 35.6B-0.5% | ||
| Total equity incl. non-controlling | 22.2B+9.0% | 20.4B-4.4% | 21.3B+7.4% | 19.8B-44.5% | 35.7B-0.0% | |
| Common shares outstanding | 4.48B-1.4% | 4.54B-1.6% | 4.62B | — | — | |
| Shares outstanding (cover) | 4.48B-1.4% | 4.54B-1.6% | 4.62B+0.0% | 4.62B | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.48B+18.3% | 2.94B+12.6% | 2.61B+2.6% | 2.54B+36.4% | 1.87B+3.3% | ||
| Depreciation & amortization | 475M+14.8% | 414M+7.8% | 384M | — | — | |
| Capital expenditure | 425M+33.1% | 319M+9.8% | 291M-22.4% | 375M+19.5% | 314M+10.1% | |
| Free cash flow | 3.05B+16.5% | 2.62B+13.0% | 2.32B+7.0% | 2.17B+39.8% | 1.55B+2.1% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 60.7M-96.1% | 1.55B | 0.00-100.0% | 13.6B+123194.1% | 11.0M-77.4% | |
| Long-term debt repaid | 1.78B+148.5% | 718M+4.5% | 688M-63.3% | 1.87B | 0.00-100.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00-100.0% | 27.3B | 0.00 | |
| Common stock repurchased | 199M+34.5% | 148M | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 808M+10.9% | 728M+51.0% | 482M-85.4% | 3.31B+109.4% | 1.58B-48.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 45.3B+4.4% | 43.3B+14.0% | 38.0B+2.9% | 36.9B | — | |
| P/E | 20.4×-11.2% | 23.0×-16.5% | 27.5×+47.6% | 18.7× | — | |
| P/S | 3.1×+3.0% | 3.0×+6.3% | 2.8×+0.9% | 2.8× | — | |
| P/B | 2.0×-4.2% | 2.1×+10.7% | 1.9×+85.9% | 1.0× | — | |
| P/FCF | 14.8×-10.3% | 16.5×-5.7% | 17.5×-26.4% | 23.8× | — | |
| Earnings yield | 4.9%+12.7% | 4.4%+19.8% | 3.6%-32.2% | 5.4% | — | |
| FCF yield | 6.7%+11.5% | 6.0%+6.0% | 5.7%+35.9% | 4.2% | — | |
| Dividend yield | 1.8%+6.2% | 1.7%+32.4% | 1.3%-85.8% | 9.0% | — | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 10-K |
About this data
Source: HLN’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 HLN filings on SEC EDGAR → Not investment advice.