Stocktoria

Danone S.A. BN.PA

FR · Euronext Paris · XPAR · stock · Consumer Defensive · website

Danone S.A. statistics & valuation

Market cap€43.8B
P / E24.0×
P / S1.6×
P / B2.6×
P / FCF16.1×
Net margin6.7%
FCF margin10.0%
Net debt€12.4B
Enterprise value USD$64.9B
Earnings yield EBIT/EV6.6%
Return on capital12.2%
Graham number -39.9%€40.82

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€40.82); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
3.50% 3.20% 7.40% 6.70% 2022202320242025
Gross margin (%)
46.10% 47.40% 49.70% 50.60% 2022202320242025
Operating margin (%)
11.80% 12.60% 12.70% 13.60% 2022202320242025
Return on equity (%)
5.40% 5.40% 11.40% 10.80% 2022202320242025
Shares outstanding
644.1M 644.1M 644.1M 644.1M 2022202320242025
Net debt (€)
€13.11B €13.24B €12.72B €12.44B 2022202320242025
Share buybacks (€)
€0 €0 €0 €486.0M 2022202320242025
Return on assets (%)
2.10% 2.00% 4.50% 4.00% 2022202320242025
Free cash flow margin (%)
7.60% 9.40% 10.60% 10.00% 2022202320242025
Debt / equity (×)
0.79× 0.96× 0.80× 0.85× 2022202320242025
EPS (€)
€1.48 €1.36 €3.13 €2.82 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Danone S.A. trades at about 24.1× earnings — below its 10-year norm (10-year range 21.6×–45.4×, median 34×).

21.6× 45.4×

Shaded band = 10-year range (21.6×–45.4×); dot = today's 24.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin50.6%49.7%47.4%46.1%
Operating margin13.6%12.7%12.6%11.8%
Net margin6.7%7.4%3.2%3.5%
FCF margin10.0%10.6%9.4%7.6%
Return on assets4.0%4.5%2.0%2.1%
Return on equity10.8%11.4%5.4%5.4%
Debt / equity0.53×0.52×0.60×0.56×
Current ratio0.900.930.921.00

Computed from company filings · FR · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.