Unibail-Rodamco-Westfield (EPA: URW) financial statements
The consolidated income statement, balance sheet and cash flow statement of Unibail-Rodamco-Westfield for its last 7 fiscal years, as filed with the regulator, in millions of euros. At the end of fiscal 2025 it had €49,684m in total assets and €15,897m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating profit | — | — | — | — | −€465.7m | −€6,956m | €781.8m |
| Finance costs | — | — | — | €719.3m | €678.1m | €679.7m | €670.0m |
| Profit before tax | €1,869m | €391.0m | −€1,771m | €351.2m | −€1,024m | −€7,956m | €40.1m |
| Income tax | €361.5m | €112.8m | €7.4m | €62.7m | −€32.9m | −€281.1m | — |
| Net profit | €1,268m | €146.2m | −€1,629m | €178.2m | −€972.1m | −€7,213m | €1,103m |
| Earnings per share | €8.86 | €1.05 | −€11.72 | €1.28 | −€7.02 | −€52.10 | €7.97 |
| Diluted earnings per share | €8.72 | €1.04 | −€11.72 | €1.28 | −€7.02 | −€52.10 | €7.91 |
| Depreciation and amortisation | €26.5m | €23.6m | €31.9m | €32.4m | €1.4m | €2.1m | — |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Total assets | €49,684m | €53,546m | €53,578m | €54,636m | €54,919m | €57,278m | €65,003m |
| Current assets | €3,974m | €7,122m | €6,957m | €4,459m | €3,730m | €4,399m | €3,897m |
| Inventories | €21.2m | €17.6m | €35.3m | €44.4m | €37.4m | €32.0m | €91.2m |
| Goodwill | €626.2m | €806.0m | €845.2m | €1,079m | €1,079m | €1,248m | €2,878m |
| Cash | €2,681m | €5,289m | €5,502m | €3,329m | €2,256m | €2,138m | €488.8m |
| Current liabilities | €3,129m | €5,175m | €3,837m | €2,685m | €3,558m | €4,827m | €4,860m |
| Equity | €15,897m | €15,850m | €15,386m | €17,189m | €16,927m | €17,394m | €25,951m |
| Equity including minorities | €21,697m | €21,038m | €20,767m | €22,948m | €22,374m | €22,795m | €31,853m |
| Minority interests | €3,995m | €3,367m | €3,561m | €3,771m | €3,458m | €3,413m | €3,913m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | €2,047m | €2,190m | €2,057m | €2,436m | €1,721m | €1,423m | €1,887m |
| Investing cash flow | €650.7m | −€537.1m | −€791.4m | €280.8m | €620.8m | €81.8m | −€416.7m |
| Financing cash flow | −€5,264m | −€1,882m | €865.4m | −€1,643m | −€2,243m | €116.5m | −€1,346m |
Where each figure comes from
From the annual report Unibail-Rodamco-Westfield files every year in the European single electronic format (ESEF). The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Unibail-Rodamco-Westfield page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.