Ing Groep Nv - Understand $ing stock

$ING Market Cap: $52.08 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

Gross Margin

Net Earnings

$14.21B

TTM

Current Assets

Current Liabilities

$391.0M

Q2 2024

Current Ratio

Total Assets

$1041B

Q2 2024

Total Liabilities

$991.2B

Q2 2024

Book Value

$50.15B

Q2 2024

Cash

P/E

3.666

Nov 29, 2024 EST

Free Cash Flow

-$10.21B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Revenue
YoY Change

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Revenue
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2002	2001	2000	1997	1996	1995	1994	1993
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$674.0M	$711.0M	$834.0M	$829.0M	$789.0M	$520.0M	$520.0M	$536.0M	$634.0M	$692.0M	$765.0M	$777.0M	$1.514B	$1.723B	$1.701B	$1.492B	$1.382B	$1.298B	$1.278B	$563.0M	$993.0M	$591.0M	$608.0M	$348.0M	$309.0M	$214.0M	$232.0M	$187.0M
YoY Change	-5.2%	-14.75%	0.6%	5.07%	51.73%	0.0%	-2.99%	-15.46%	-8.38%	-9.54%	-1.54%	-48.68%	-12.13%	1.29%	14.01%	7.96%	6.47%	1.56%	127.0%		68.02%	-2.8%		12.62%	44.39%	-7.76%	24.06%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020
Interest Expense	€36.24B	€13.78B	€7.051B	€9.007B
YoY Change	162.97%	95.43%	-21.72%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Pretax Income	$10.49B	$5.502B	$6.782B	$3.809B	$6.834B	$6.838B	$7.268B	$5.903B	$6.172B	$3.707B	$4.167B	$4.241B	$6.459B	$3.648B	-$1.837B	-$1.487B	$11.04B	$9.940B	$8.894B	$7.740B	$5.847B	$5.921B	$6.066B	$13.97B	$6.074B	$3.504B	$2.955B	$2.069B	$1.724B	$1.494B	$1.280B
YoY Change	90.69%	-18.87%	78.05%	-44.26%	-0.06%	-5.92%	23.12%	-4.36%	66.5%	-11.04%	-1.74%	-34.34%	77.06%	-298.58%	23.54%	-113.47%	11.1%	11.76%	14.91%	32.38%	-1.25%	-2.39%	-56.58%	129.98%	73.34%	18.58%	42.82%	20.01%	15.39%	16.72%
Income Tax	$2.970B	$1.725B	$1.877B	$1.246B	$1.955B	$2.027B	$2.281B	$1.618B	$1.637B	$971.0M	$1.037B	$1.077B	$1.406B	$1.146B	-$613.0M	-$721.0M	$1.535B	$1.907B	$1.379B	$1.709B	$1.460B	$1.089B	$1.165B	$1.838B	$1.059B	$788.0M	$714.0M	$546.0M	$516.0M	$451.0M	$353.0M
% Of Pretax Income	28.31%	31.35%	27.68%	32.71%	28.61%	29.64%	31.38%	27.41%	26.52%	26.19%	24.89%	25.39%	21.77%	31.41%			13.9%	19.19%	15.5%	22.08%	24.97%	18.39%	19.21%	13.16%	17.43%	22.49%	24.16%	26.39%	29.93%	30.19%	27.58%
Net Earnings	$7.287B	$3.674B	$4.777B	$2.485B	$4.780B	$4.703B	$4.905B	$4.651B	$4.010B	$1.251B	$3.545B	$4.362B	$5.781B	$2.810B	-$1.006B	-$1.155B	$10.41B	$7.692B	$7.210B	$5.755B	$4.043B	$4.500B	$4.577B	$11.98B	$4.922B	$2.669B	$2.206B	$1.507B	$1.202B	$1.045B	$921.0M
YoY Change	98.34%	-23.09%	92.23%	-48.01%	1.64%	-4.12%	5.46%	15.99%	220.54%	-64.71%	-18.73%	-24.55%	105.73%	-379.32%	-12.9%	-111.1%	35.28%	6.69%	25.28%	42.34%	-10.16%	-1.68%	-61.81%	143.48%	84.41%	20.99%	46.38%	25.37%	15.02%	13.46%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share	$2.06	$0.99	$1.228M	$637.0K	$1.227M	$1.209M	$1.262M	$1.199M	$1.036M	$324.4K	$924.6K	$1.147M	$1.526M	$741.8K	-$374.5K	-$434.2K	$3.705M	$2.713M	$2.552M	$2.079M	$1.541M	$1.792M	$1.809M	$4.757M	$1.943M	$1.090M	$1.054M	$774.0K	$252.4K	$229.7K	$212.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$2.399B	$2.446B	$2.515B	$2.841B	$3.172B	$1.659B	$1.801B	$2.002B	$2.027B	$2.100B	$2.446B	$2.674B	$2.886B	$6.132B	$6.119B	$6.396B	$6.237B	$6.031B	$5.757B	$5.783B	$1.311B	$1.415B	$2.032B	$2.850B	$3.577B	$2.985B	$997.0M	$817.0M	$697.0M	$564.0M	$532.0M
YoY Change	-1.92%	-2.74%	-11.47%	-10.44%	91.2%	-7.88%	-10.04%	-1.23%	-3.48%	-14.15%	-8.53%	-7.35%	-52.94%	0.21%	-4.33%	2.55%	3.42%	4.76%	-0.45%	341.11%	-7.35%	-30.36%	-28.7%	-20.32%	19.83%	199.4%	22.03%	17.22%	23.58%	6.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.509B	$1.500B	$1.587B	$1.475B	$1.790B	$1.203B	$1.088B	$1.141B	$962.0M	$953.0M	$2.022B	$2.461B	$2.370B	$9.941B	$9.216B	$12.63B	$324.5B	$315.3B	$260.4B	$160.6B	$3.167B	$2.883B	$2.628B	$3.684B	$4.183B	$1.981B	$1.394B	$1.638B	$1.376B	$1.114B	$829.0M
YoY Change	0.6%	-5.48%	7.59%	-17.6%	48.79%	10.57%	-4.65%	18.61%	0.94%	-52.87%	-17.84%	3.84%	-76.16%	7.87%	-27.04%	-96.11%	2.92%	21.09%	62.08%	4972.47%	9.85%	9.7%	-28.66%	-11.93%	111.16%	42.11%	-14.9%	19.04%	23.52%	34.38%
Other Assets	$1.834B	$2.413B	$1.740B	$1.498B	$1.439B	$2.630B	$1.360B	$923.0M	$3.610B	$166.7B	$159.3B	$69.43B	$69.71B	$681.0M	$5.024B	$15.31B								$1.705B	$1.271B	$0.00
YoY Change	-24.0%	38.68%	16.15%	4.1%	-45.29%	93.38%	47.35%	-74.43%	-97.83%	4.65%	129.4%	-0.39%	10135.68%	-86.45%	-67.19%									34.15%
Total Long-Term Assets
YoY Change
Total Assets	$975.6B	$968.3B	$951.3B	$937.3B	$891.7B	$887.0B	$846.2B	$845.1B	$1005B	$1179B	$1081B	$1165B	$1280B	$1247B	$1164B	$1332B	$1313B	$1226B	$1159B	$876.4B	$778.8B	$716.4B	$705.1B	$650.2B	$492.8B	$394.9B	$281.5B	$220.7B	$179.8B	$160.5B	$154.0B
YoY Change
Accounts Payable	$2.184B	$2.046B	$2.035B	$2.033B	$2.120B	$2.333B	$6.205B	$4.394B	$5.156B		$7.876B	$10.57B	$11.70B
YoY Change	6.74%	0.54%	0.1%	-4.1%	-9.13%	-62.4%	41.22%	-14.78%			-25.48%	-9.65%
Accrued Expenses	$1.360B	$998.0M	$1.021B	$925.0M	$968.0M	$876.0M	$983.0M	$495.0M	$565.0M		$833.0M	$918.0M	$898.0M
YoY Change	36.27%	-2.25%	10.38%	-4.44%	10.5%	-10.89%	98.59%	-12.39%			-9.26%	2.23%
Deferred Revenue
YoY Change
Short-Term Debt																					$377.8B	$319.8B	$276.4B	$252.8B	$224.8B	$164.8B	$110.1B	$92.97B	$80.06B	$72.62B	$70.26B
YoY Change																					18.13%	15.72%	9.32%	12.46%	36.4%	49.65%	18.45%	16.14%	10.24%	3.36%
Long-Term Debt Due	$49.36B	$37.41B	$38.17B	$27.24B	$51.81B	$55.31B	$44.39B	$40.49B	$51.21B		$52.77B
YoY Change	31.97%	-1.99%	40.11%	-47.42%	-6.33%	24.61%	9.64%	-20.94%
Total Short-Term Liabilities	$53.30B	$40.77B	$41.49B	$30.54B	$55.45B	$59.34B	$52.33B	$45.92B	$57.52B	$450.0M	$61.92B	$12.44B	$13.45B								$377.8B	$319.8B	$276.4B	$252.8B	$224.8B	$164.8B	$110.1B	$92.97B	$80.06B	$72.62B	$70.26B
YoY Change	30.73%	-1.73%	35.87%	-44.93%	-6.55%	13.41%	13.95%	-20.17%	12682.67%	-99.27%	397.59%	-7.51%									18.13%	15.72%	9.32%	12.46%	36.4%	49.65%	18.45%	16.14%	10.24%	3.36%
Long-Term Debt	$140.1B	$111.7B	$71.55B	$71.97B	$84.81B	$78.17B	$67.67B	$79.97B	$86.49B	$144.5B	$95.56B	$168.9B	$168.4B	$241.4B	$237.5B	$290.2B	$268.4B	$234.6B	$241.8B	$202.7B	$105.4B	$98.68B	$108.4B	$95.16B	$75.75B	$76.47B	$43.52B	$33.34B	$24.08B	$19.20B	$18.81B
YoY Change	25.39%	56.11%	-0.58%	-15.14%	8.5%	15.52%	-15.39%	-7.54%	-40.15%	51.23%	-43.44%	0.32%	-30.24%	1.65%	-18.18%	8.15%	14.37%	-2.98%	19.3%	92.39%	6.78%	-8.98%	13.92%	25.62%	-0.94%	75.72%	30.53%	38.46%	25.4%	2.09%
Other Long-Term Liabilities	$109.8B	$108.8B	$80.60B	$90.78B	$86.86B	$104.0B	$97.73B	$113.0B	$114.1B	$273.8B	$354.3B	$418.1B	$490.8B	$447.6B	$416.9B	$489.7B	$479.4B	$453.6B	$412.4B	$296.9B	$270.7B	$275.5B	$294.8B	$273.2B	$156.2B	$123.9B	$106.8B	$78.16B	$64.83B	$58.76B	$55.19B
YoY Change	0.93%	34.98%	-11.22%	4.51%	-16.48%	6.42%	-13.49%	-0.96%	-58.34%	-22.73%	-15.27%	-14.81%	9.65%	7.37%	-14.87%	2.15%	5.7%	9.99%	38.89%	9.66%	-1.73%	-6.55%	7.91%	74.88%	26.05%	16.09%	36.59%	20.57%	10.34%	6.47%
Total Long-Term Liabilities	$249.9B	$220.5B	$152.2B	$162.8B	$171.7B	$182.2B	$165.4B	$192.9B	$200.5B	$418.3B	$449.8B	$587.1B	$659.2B	$689.0B	$654.4B	$780.0B	$747.8B	$688.2B	$654.2B	$499.6B	$376.1B	$374.2B	$403.2B	$368.4B	$232.0B	$200.4B	$150.3B	$111.5B	$88.91B	$77.96B	$73.99B
YoY Change	13.32%	44.92%	-6.51%	-5.2%	-5.76%	10.14%	-14.27%	-3.79%	-52.05%	-7.02%	-23.37%	-10.94%	-4.33%	5.3%	-16.1%	4.3%	8.66%	5.2%	30.95%	32.84%	0.51%	-7.2%	9.46%	58.79%	15.75%	33.36%	34.78%	25.41%	14.05%	5.36%
Total Liabilities	$924.3B	$918.4B	$897.4B	$882.6B	$838.0B	$836.1B	$795.8B	$795.3B	$957.4B	$1127B	$1034B	$1111B	$1230B	$1201B	$1125B	$1304B	$1275B	$1188B	$1122B	$852.3B	$755.7B	$696.0B	$681.1B	$622.5B	$457.8B	$365.8B	$260.6B	$204.7B	$169.0B	$150.6B	$144.3B
YoY Change	0.65%	2.34%	1.67%	5.33%	0.22%	5.06%	0.07%	-16.93%	-15.07%	9.02%	-6.93%	-9.66%	2.39%	6.79%	-13.77%	2.28%	7.36%	5.9%	31.59%	12.79%	8.58%	2.19%	9.41%	35.98%	25.12%	40.39%	27.32%	21.1%	12.23%	4.39%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $52.076 Billion

About ING GROEP NV

ING Groep NV engages in the provision of banking, investments, life and non-life insurance, and retirement and asset management services. The company is headquartered in Amsterdam, Noord-Holland and currently employs 62,845 full-time employees. The firm offers banking services. The firm's segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease. The firm's Retail Banking business lines provide products and services to individuals, small and medium-sized enterprises (SMEs) and mid-corporates. ING's banking activities in Australia are undertaken by ING Bank (Australia) Limited (trading as ING Direct) and ING Bank NV Sydney Branch.

Industry: Commercial Banks, NEC Peers: