Carlsberg A/S
Research Carlsberg A/S (CARL-B) on Bullrun: market cap DKK 113.59B, P/E 17.8, dividend yield 3.2%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCARL-B
- ExchangeCO
- CountryDenmark
- SectorConsumer Defensive
- IndustryBeverages - Brewers
- CurrencyDKK
- Market capDKK 113.59B
- P/E17.8
- Dividend yield3.2%
- Financial periodFY2025
- RevenueDKK 89.10B
- Revenue growth18.8%
- Net incomeDKK 5.96B
- Free cash flowDKK 6.84B
- Gross margin45.2%
Valuation Snapshot
latest market cap is DKK 113.59B; P/E is 17.8; dividend yield is 3.2%.
Peer valuation comparison
Latest P/E is 17.83x versus a Consumer Defensive sector median of 17.28x (3.1% above).
Latest dividend yield is 3.22% versus a Consumer Defensive sector median of 3.03% (6.3% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | DKK 89.10B | DKK 5.96B | DKK 6.84B | 45.2% | 44.9 | DKK 9.59B | DKK 70.62B | DKK 27.80B |
| FY2024 | DKK 75.01B | DKK 9.12B | DKK 6.28B | 45.8% | 68.6 | DKK 11.54B | DKK 38.14B | DKK 27.77B |
| FY2023 | DKK 73.59B | -DKK 40.79B | DKK 7.36B | 44.6% | -299.7 | DKK 13.38B | DKK 39.10B | DKK 23.23B |
| FY2022 | DKK 70.27B | -DKK 1.06B | DKK 8.93B | 45.6% | -7.6 | DKK 8.16B | DKK 28.65B | DKK 31.90B |
| FY2021 | DKK 60.10B | DKK 8.01B | n/a | 47.5% | 47.4 | DKK 8.34B | DKK 28.92B | DKK 48.76B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-09-26 | DKK 113.59B | 17.8 | 3.4% | 29 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 29 DKK, yield 3.2%.
| Year | Dividends/share |
|---|---|
| FY2025 | 27 DKK |
| FY2024 | 27 DKK |
| FY2023 | 27 DKK |
| FY2022 | 24 DKK |
| FY2021 | 22 DKK |
About Carlsberg A/S
Carlsberg A/S produces and markets beer, soft drinks, and other beverage products in Western Europe, Asia, Central and Eastern Europe, India, and internationally. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.
ETFs that hold Carlsberg A/S
Carlsberg A/S is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE) | 2.45% | 0.46% |
Related stock research
Other Consumer Defensive stocks
Frequently asked questions
What is Carlsberg A/S's market cap?
Carlsberg A/S's market capitalization is DKK 113.59B.
What is Carlsberg A/S's P/E ratio?
Carlsberg A/S's price-to-earnings (P/E) ratio is 17.8.
Does Carlsberg A/S pay a dividend?
Carlsberg A/S has a dividend yield of 3.2%.
What does Carlsberg A/S do?
Carlsberg A/S produces and markets beer, soft drinks, and other beverage products in Western Europe, Asia, Central and Eastern Europe, India, and internationally. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.