Carlsberg A/S

Carlsberg A/S

CABGY
Carlsberg A/SUS flagOther OTC
25.78
USD
-0.41
- -
17.04BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
84.37
84.58
85.69
82.09
79.55
82.01
87.63
80.14
83.56
100.5
108.14
113.12
- -
85.72
Basic EPS, GAAP
7.17
5.79
-3.84
5.88
1.65
6.97
8.73
8.25
9.52
-1.52
-59.94
13.75
- -
-3.84
Free Cash Flow per Basic Share
10.65
9.68
13.19
12.2
15.52
15.79
16.27
8.94
11.64
12.77
10.82
9.47
- -
13.19
Dividend per Share
1.2
1.6
1.8
1.8
2
3.2
3.64
4.23
4.43
4.85
5.43
5.43
- -
- -
Book Value per Share
107.12
109.41
103.49
105.29
105.47
107.77
102.52
109.69
115.66
105.29
38.29
42.63
- -
4
Tangible Book Value per Share
-30.46
-34.63
-33.68
-30.27
-23.96
-24.9
-31.9
-31.07
-27.42
-20.74
-34.32
-34.03
- -
-33.69
Basic Weighted Avg Shares
763
763
763
763
762
762
752
731
719
699
680
663
- -
762
Sales/Revenue/Turnover
64,350
64,506
65,354
62,614
60,655
62,503
65,902
58,541
60,097
70,265
73,585
75,011
89,095
65,354
Operating Margin (%)
14.52
13.42
12.24
12.55
14.11
14.66
15.31
16.29
16.17
14.93
14.24
14.33
14.16
12.26
Depreciation Expense
3,863
4,103
4,674
4,742
4,581
4,091
4,542
4,386
4,238
4,187
4,074
4,370
5,428
4,674
Net Income, GAAP
5,471
4,414
-2,926
4,486
1,259
5,309
6,569
6,030
6,846
-1,063
-40,788
9,116
5,955
-2,926
Effective Tax Rate (%)
23.55
26.14
- -
33
41.39
28.01
26.9
24.7
20.62
17.85
18.91
19.85
22.9
132.82
Profit Margin (%)
8.5
6.84
-4.48
7.16
2.08
8.49
9.97
10.3
11.39
-1.51
-55.43
12.15
6.68
-4.48
Working Capital
-15,255
-8,507
-12,683
-17,172
-9,814
-16,395
-15,363
-9,453
-20,191
-14,498
-17,032
-19,676
-19,297
-12,683
LT Debt
30,239
38,690
31,479
21,137
23,340
16,750
20,879
29,291
22,755
22,865
30,763
27,392
61,452
31,479
Total Equity
71,001
55,997
47,231
53,650
49,525
47,889
46,033
43,362
48,756
34,722
25,749
30,612
30,676
47,231
Return on Invested Capital (%)
6.34
6.13
- -
6.24
6.29
8.95
10.19
9.8
10.04
12.07
13.17
12.81
11.35
11.42
Return on Capital (%)
5.37
4.14
- -
4.31
0.95
4.69
5.83
5.38
5.39
-1.51
-47.35
13.33
8.27
-53.76
Return on Common Equity (%)
6.91
5.35
-3.6
5.63
1.57
6.53
8.25
7.67
8.38
-1.36
-81.85
33.56
20.1
-95.9

Capital Structure

FRC

in mil. unless spec.
Jun'15
Sep'15
Dec'15
ST Debt
2,078
1,481
4,549
LT Borrowings
38,811
36,177
31,479
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
153
153
153
Market Capitalization
93,007
78,228
93,324

Working Capital

FRC

in mil. unless spec.
Jun'15
Sep'15
Dec'15
Total Current Assets
22,225
19,201
17,076
Cash, Cash Equivalents & STI
2,826
3,024
3,131
Accounts Receivable, Net
- -
6,727
5,729
Inventories
14,104
4,391
3,817
Total Current Liabilities
31,081
27,737
29,759
Payables & Accruals
- -
- -
- -
ST Debt
2,078
1,481
4,549
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.02%
-4.62%
0.21%
Free Cash Flow
-1.21%
2.3%
8.87%
Net Income, GAAP
349%
695.61%
-34.68%
Sales/Revenue/Turnover
3.5%
9%
18.78%
Total Cash Common Dividend
- -
3%
-0.89%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
73,585
2024
- -
- -
- -
- -
75,011
2025
- -
- -
- -
- -
89,095

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
-59.94
2024
- -
- -
- -
- -
13.75
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
5.43
2024
- -
- -
- -
- -
5.43
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Jacob Aarup-Andersen
Full Time Employees
32,098
Sector
Consumer Defensive
Industry
Beverages - Alcoholic
Address
1 J. C. Jacobsens Gade Copenhagen Denmark 1799
IPO Date
Jan 20, 2010
Business
Carlsberg A/S engages in the production, marketing, and sale of beer and other beverages worldwide. The company offers a diverse portfolio of products including its flagship Carlsberg pilsner; Tuborg, Kronenbourg 1664, and Somersby cider brands; craft beers such as Brooklyn Brewery and Guinness under license in select markets; non-alcoholic beers like Carlsberg Non-Alcoholic; and other beverages encompassing soft drinks, waters, and spirits through its allied brands. It operates across multiple segments including breweries, sales, and distribution; real estate; and extract and malting businesses, serving retail, on-trade, and e-commerce customers in over 100 countries with primary focus on Europe, Asia, and Africa. Carlsberg A/S was founded in 1847 and is headquartered in Copenhagen, Denmark. In recent developments, the company completed the divestiture of its Russian operations in 2024 to finalize its exit from that market; launched new sustainability initiatives under its "Sustain Tomorrow" strategy emphasizing water stewardship and packaging recyclability; expanded its Asia-Pacific presence through increased investments in craft beer production facilities in Vietnam and India; and announced a strategic partnership with specialty ingredient providers to enhance non-alcoholic and low-alcohol product innovations in 2025.

Company News

APIChat
  • Carlsberg: The Market Should Be Sober Enough To Appreciate This Stock

  • Carlsberg Research Laboratory unlocks the genetic code of hops, helping protect the future of beer in a warming world

  • Carlsberg A/S (CABGY) Q1 2026 Sales/Trading Call Transcript

  • Danish Brewer Carlsberg Books Boost From Soft Drinks, Premium Beers

  • Royal Unibrew sinks as PepsiCo hands bottling licence to Carlsberg

  • Carlsberg: A Margin Of Safety On Tap

  • Carlsberg A/S (CABGY) Shareholder/Analyst Call Transcript

  • Carlsberg AS (OTCMKTS:CABGY) Receives Consensus Recommendation of “Buy” from Brokerages

  • Beer Stocks are Breaking Out (BUD, HEINY, CABGY)

  • All You Need to Know About Carlsberg (CABGY) Rating Upgrade to Strong Buy

  • Comparing Carlsberg AS (OTCMKTS:CABGY) & Remy Cointreau (OTCMKTS:REMYY)

  • Tilray Brands and the Carlsberg Group Enter into an Exclusive Multi-Year U.S. Brewing and Commercial Partnership

  • Is Carlsberg (CABGY) Stock Outpacing Its Consumer Staples Peers This Year?

  • Carlsberg A/S (CABGY) Q4 2025 Earnings Call Transcript

  • Carlsberg Net Profit Falls as Beer Consumption Declines

  • Carlsberg CEO on growth and innovation in low- and zero-alcohol drinks

  • Carlsberg AS (OTCMKTS:CABGY) Given Average Rating of “Buy” by Brokerages

  • Carlsberg: Expect An 8-10% EPS Growth In 2026 And 2027

  • Reviewing Heritage Distilling (NASDAQ:IPST) & Carlsberg AS (OTCMKTS:CABGY)

  • Carlsberg A/S (CABGY) Q3 2025 Sales Call Transcript