DHL INTERNATIONAL EXPRESS (FRANCE) : revenue, balance sheet and financial ratios

DHL INTERNATIONAL EXPRESS (FRANCE) is a French company founded 19 years ago, specialized in the sector Transports routiers de fret de proximité. Based in LE BOURGET (93350), this company of category GE shows in 2024 a revenue of 814.8 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 - DHL INTERNATIONAL EXPRESS (FRANCE) (SIREN 494956774)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 814 773 766 € 798 049 952 € 782 013 334 € 711 958 824 € 545 587 701 € 523 313 111 € 500 424 857 € 469 815 804 € 433 118 735 €
Net income 29 269 254 € 34 210 930 € 26 967 487 € 17 619 025 € 15 684 355 € 14 220 376 € 16 090 290 € 11 416 308 € 8 771 481 €
EBITDA 60 857 520 € 58 753 249 € 54 714 987 € 46 293 446 € 32 763 007 € 30 368 023 € 32 912 275 € 26 303 237 € 22 819 089 €
Net margin 3.6% 4.3% 3.4% 2.5% 2.9% 2.7% 3.2% 2.4% 2.0%

Revenue and income statement

In 2024, DHL INTERNATIONAL EXPRESS (FRANCE) achieves revenue of 814.8 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.2%. Vs 2023: +2%. After deducting consumption (0 €), gross margin stands at 814.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 60.9 M€, representing 7.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 29.3 M€, i.e. 3.6% 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

814 773 766 €

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

814 773 766 €

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

60 857 520 €

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

47 738 387 €

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

29 269 254 €

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

7.5%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

2.255%

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

23.588%

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

5.061%

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

0.03

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

57.7%

Solvency indicators evolution
DHL INTERNATIONAL EXPRESS (FRANCE)

Sector positioning

Debt ratio
2.25 2024
2022
2023
2024
Q1: 1.8
Med: 27.54
Q3: 87.06
Good

In 2024, the debt ratio of DHL INTERNATIONAL EXPRESS... (2.25) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
23.59% 2024
2022
2023
2024
Q1: 13.27%
Med: 31.55%
Q3: 51.53%
Average

In 2024, the financial autonomy of DHL INTERNATIONAL EXPRESS... (23.6%) 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
0.03 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.46 years
Average

In 2024, the repayment capacity of DHL INTERNATIONAL EXPRESS... (0.03) 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 86.89. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

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

86.893

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

0.842

Liquidity indicators evolution
DHL INTERNATIONAL EXPRESS (FRANCE)

Sector positioning

Liquidity ratio
86.89 2024
2022
2023
2024
Q1: 117.28
Med: 164.75
Q3: 253.6
Watch

In 2024, the liquidity ratio of DHL INTERNATIONAL EXPRESS... (86.89) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
0.84x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 3.91x
Good -20 pts over 3 years

In 2024, the interest coverage of DHL INTERNATIONAL EXPRESS... (0.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 37 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 40 days. Favorable situation: supplier credit is longer than customer credit by 3 days. Overall, WCR represents 24 days of revenue, i.e. 54.1 M€ to permanently finance. Notable WCR improvement over the period (-42%), freeing up cash.

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

54 109 126 €

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

37 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

40 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

0 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

24 j

WCR and payment terms evolution
DHL INTERNATIONAL EXPRESS (FRANCE)

Positioning of DHL INTERNATIONAL EXPRESS (FRANCE) in its sector

Comparison with sector Transports routiers de fret de proximité

Valuation estimate

Based on 71 transactions of similar company sales in 2024, the value of DHL INTERNATIONAL EXPRESS (FRANCE) is estimated at 103 148 055 € (range 48 337 809€ - 257 114 084€). With an EBITDA of 60 857 520€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.23x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
71 tx
48337k€ 103148k€ 257114k€
103 148 055 € Range: 48 337 809€ - 257 114 084€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
60 857 520 € × 0.9x
Estimation 55 889 777 €
39 773 485€ - 225 441 348€
Revenue Multiple 30%
814 773 766 € × 0.23x
Estimation 184 696 221 €
86 276 116€ - 301 186 315€
Net Income Multiple 20%
29 269 254 € × 3.4x
Estimation 98 971 505 €
12 841 163€ - 270 187 579€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 71 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 (Transports routiers de fret de proximité)

Compare DHL INTERNATIONAL EXPRESS (FRANCE) with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret de proximité

Frequently asked questions about DHL INTERNATIONAL EXPRESS (FRANCE)

What is the revenue of DHL INTERNATIONAL EXPRESS (FRANCE) ?

The revenue of DHL INTERNATIONAL EXPRESS (FRANCE) in 2024 is 814.8 M€.

Is DHL INTERNATIONAL EXPRESS (FRANCE) profitable?

Yes, DHL INTERNATIONAL EXPRESS (FRANCE) generated a net profit of 29.3 M€ in 2024.

Where is the headquarters of DHL INTERNATIONAL EXPRESS (FRANCE) ?

The headquarters of DHL INTERNATIONAL EXPRESS (FRANCE) is located in LE BOURGET (93350), in the department Seine-Saint-Denis.

Where to find the tax return of DHL INTERNATIONAL EXPRESS (FRANCE) ?

The tax return of DHL INTERNATIONAL EXPRESS (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 DHL INTERNATIONAL EXPRESS (FRANCE) operate?

DHL INTERNATIONAL EXPRESS (FRANCE) operates in the sector Transports routiers de fret de proximité (NAF code 49.41B). See the 'Sector positioning' section above to compare the company with its competitors.