Dentsply Sirona (XRAY) FY2024 results: revenue $3.8 billion, down 4.3% on the year
Dentsply Sirona Inc. (XRAY) reported revenue of $3.8 billion for fiscal 2024, the year ended 31 December 2024, down 4.3% on the year before. Net income was -$910 million, and diluted earnings per share $-4.48. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$3.8 billion
-4.3% on the year
FY2017FY2024
Operating margin
-23.2%
-2.1% a year earlier
FY2017FY2024
Net income
-$910 million
FY2017FY2024
Diluted EPS
-$4.48
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
461
377
517
+22.3%
Capital expenditure
180
149
149
+20.8%
Free cash flow
281
228
368
+23.2%
Free cash flow margin
7.4%
5.8%
9.4%
Cash from investing
-197
-89.0
-138
Cash from financing
-302
-307
-329
Depreciation and amortisation
349
343
328
+1.7%
Share-based compensation
39.0
46.0
59.0
-15.2%
Buybacks
250
300
150
-16.7%
Dividends paid
126
116
104
+8.6%
Dividend per share
$0.64
$0.56
$0.50
+14.3%
Diluted shares, weighted
203m
212m
216m
-4.2%
Shares outstanding at period end
199m
207m
215m
-4.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,942
3,293
3,811
-41.0%
Non-controlling interest
1.0
1.0
1.0
0.0%
Debt
2,135
2,118
1,944
+0.8%
Operating lease liabilities
91.0
125
149
-27.2%
Finance lease liabilities
0.0
1.0
1.0
Other liabilities
1,584
1,832
1,737
-13.5%
Total liabilities and equity
5,753
7,370
7,643
-21.9%
Fixed assets
n/a
800
761
Goodwill
1,597
2,438
2,688
-34.5%
Intangible assets
1,207
1,705
1,903
-29.2%
Cash and equivalents
272
334
365
-18.6%
Inventory
564
624
627
-9.6%
Other assets
2,113
1,469
1,299
+43.8%
Total assets
5,753
7,370
7,643
-21.9%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.