BOEHRINGER INGELHEIM FRANCE : revenue, balance sheet and financial ratios

BOEHRINGER INGELHEIM FRANCE is a French company founded 40 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques. Based in PARIS (75013), this company of category ETI shows in 2024 a revenue of 368.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - BOEHRINGER INGELHEIM FRANCE (SIREN 337280226)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 368 039 584 € 336 222 567 € 306 444 247 € 306 444 247 € 326 090 407 € 335 745 089 € 401 254 137 € 438 334 389 €
Net income 12 283 311 € 13 761 543 € 56 276 741 € 56 276 741 € 15 681 936 € -38 507 790 € 74 105 329 € 17 842 170 €
EBITDA 1 379 164 € -14 340 251 € -22 000 149 € -1 800 149 € 4 575 253 € 4 893 815 € 2 129 737 € 8 769 481 €
Net margin 3.3% 4.1% 18.4% 18.4% 4.8% -11.5% 18.5% 4.1%

Revenue and income statement

In 2024, BOEHRINGER INGELHEIM FRANCE achieves revenue of 368.0 M€. Activity remains stable over the period (CAGR: -2.2%). Vs 2023: +9%. After deducting consumption (169.2 M€), gross margin stands at 198.8 M€, i.e. a rate of 54%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.4 M€, representing 0.4% of revenue. Positive scissor effect: EBITDA margin improves by +4.6 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 12.3 M€, i.e. 3.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

368 039 584 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

198 798 248 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

1 379 164 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

13 593 954 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

12 283 311 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.4%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 26%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 21%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

26.062%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

21.305%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

0.522%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

7.435

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

33.7%

Solvency indicators evolution
BOEHRINGER INGELHEIM FRANCE

Sector positioning

Debt ratio
26.06 2024
2021
2023
2024
Q1: 0.0
Med: 4.27
Q3: 43.96
Average +39 pts over 3 years

In 2024, the debt ratio of BOEHRINGER INGELHEIM FRANCE (26.06) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
21.3% 2024
2021
2023
2024
Q1: 14.64%
Med: 38.36%
Q3: 60.56%
Average -18 pts over 3 years

In 2024, the financial autonomy of BOEHRINGER INGELHEIM FRANCE (21.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
7.43 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.09 years
Average +50 pts over 3 years

In 2024, the repayment capacity of BOEHRINGER INGELHEIM FRANCE (7.43) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 150.12. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 69.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

150.117

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

69.859

Liquidity indicators evolution
BOEHRINGER INGELHEIM FRANCE

Sector positioning

Liquidity ratio
150.12 2024
2021
2023
2024
Q1: 132.74
Med: 202.27
Q3: 325.9
Average -24 pts over 3 years

In 2024, the liquidity ratio of BOEHRINGER INGELHEIM FRANCE (150.12) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
69.86x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.41x
Q3: 6.25x
Excellent +50 pts over 3 years

In 2024, the interest coverage of BOEHRINGER INGELHEIM FRANCE (69.9x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 32 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 82 days. Excellent situation: suppliers finance 50 days of the operating cycle (retail model). Inventory turnover is 79 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 137 days of revenue, i.e. 139.6 M€ to permanently finance.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

139 630 538 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

32 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

82 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

79 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

137 j

WCR and payment terms evolution
BOEHRINGER INGELHEIM FRANCE

Positioning of BOEHRINGER INGELHEIM FRANCE in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques

Valuation estimate

Based on 124 transactions of similar company sales (all years), the value of BOEHRINGER INGELHEIM FRANCE is estimated at 26 018 475 € (range 13 749 170€ - 80 363 818€). With an EBITDA of 1 379 164€, the sector multiple of 0.7x is applied. The price/revenue ratio is 0.21x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2024
124 transactions
13749k€ 26018k€ 80363k€
26 018 475 € Range: 13 749 170€ - 80 363 818€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 379 164 € × 0.7x
Estimation 970 773 €
458 919€ - 3 533 260€
Revenue Multiple 30%
368 039 584 € × 0.21x
Estimation 78 383 010 €
42 505 249€ - 237 423 426€
Net Income Multiple 20%
12 283 311 € × 0.8x
Estimation 10 090 932 €
3 840 681€ - 36 850 805€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 124 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Commerce de gros (commerce interentreprises) de produits pharmaceutiques)

Compare BOEHRINGER INGELHEIM FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de produits pharmaceutiques

Frequently asked questions about BOEHRINGER INGELHEIM FRANCE

What is the revenue of BOEHRINGER INGELHEIM FRANCE ?

The revenue of BOEHRINGER INGELHEIM FRANCE in 2024 is 368.0 M€.

Is BOEHRINGER INGELHEIM FRANCE profitable?

Yes, BOEHRINGER INGELHEIM FRANCE generated a net profit of 12.3 M€ in 2024.

Where is the headquarters of BOEHRINGER INGELHEIM FRANCE ?

The headquarters of BOEHRINGER INGELHEIM FRANCE is located in PARIS (75013), in the department Paris.

Where to find the tax return of BOEHRINGER INGELHEIM FRANCE ?

The tax return of BOEHRINGER INGELHEIM FRANCE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does BOEHRINGER INGELHEIM FRANCE operate?

BOEHRINGER INGELHEIM FRANCE operates in the sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques (NAF code 46.46Z). See the 'Sector positioning' section above to compare the company with its competitors.