18. Capital Management Disclosures
The Beiersdorf Group aims to sustainably secure its capital base and generate an appropriate return on its invested capital. As of December 31, 2024, the equity ratio was 66% (previous year: 66%), while the EBIT return on net operating capital was 33.2% (previous year: 29.4%). The total dividends distributed in financial year 2024 amounted to €240 million (previous year: €173 million). In the case of the dividend of €227 million (previous year: €159 million) paid by Beiersdorf AG, this corresponds to a distribution of €1.00 per no-par-value share bearing dividend rights (previous year: €0.70).
Dividend
The dividend is the share of distributed profit per individual share of a joint-stock company.
EBIT Return on Net Operating Capital
The EBIT Return on Net Operating Capital shows the ratio of operating result (EBIT) to operational net assets.
Equity Ratio
The equity ratio is the proportion of equity to total capital (balance sheet total). It provides information about the financial strength and thus the economic stability of a company.