Fundies.
English

Telecom Italia S.p.A.

ESEF
Report (type unavailable) · filed 2025-09-24

Annual consolidated revenue for 2024: about EUR 14.44B, using the latest reported figures. The previous period, 2023, was about EUR 14.31B.

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Watchlist

Latest fiscal year

Revenue

14.4 billion EUR

2024 · EUR

Exact inputs and evidence
  • Revenue: 14442000000 EUR Source

Operating margin

10.7%

2024 · %

Exact inputs and evidence
  • Operating Income: 1545000000 EUR Source
  • Revenue: 14442000000 EUR Source

Operating cash flow

3.25 billion EUR

2024 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 3251000000 EUR Source

Free cash flow

2.06 billion EUR

2024 · EUR

Exact inputs and evidence
  • Operating Cash Flow: 3251000000 EUR Source
  • Capital Expenditure: 1194000000 EUR Source
Cash and cash equivalents
2.92 billion EUR Source
Exact value

2924000000 EUR

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-09-24.

Financial data available through: 2024-12-31.

Coverage by financial measure
  • Revenue: 4 of 11 periods available· newest 2024-12-31
  • Operating income: 4 of 11 periods available· newest 2024-12-31
  • Net income: 4 of 11 periods available· newest 2024-12-31
  • Operating cash flow: 4 of 11 periods available· newest 2024-12-31
  • Capital expenditure: 4 of 11 periods available· newest 2024-12-31
  • Total assets: 4 of 11 periods available· newest 2024-12-31
  • Total liabilities: 4 of 11 periods available· newest 2024-12-31
  • Current assets: 4 of 11 periods available· newest 2024-12-31
  • Current liabilities: 4 of 11 periods available· newest 2024-12-31
  • Cash and cash equivalents: 4 of 11 periods available· newest 2024-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +0.9%

    Prior period

    EUR 14.31 billion

    –

    Current period

    EUR 14.44 billion

    –

    Exact inputs and evidence

    14442000000 − 14311000000 = 131000000 EUR

    14311000000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    14442000000 EUR · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Net income

    +EUR 831 million

    Prior period

    −EUR 1.44 billion

    –

    Current period

    −EUR 610 million

    –

    Exact inputs and evidence

    -610000000 − -1441000000 = 831000000 EUR

    -1441000000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    -610000000 EUR · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Operating cash flow

    -6.9%

    Prior period

    EUR 3.49 billion

    –

    Current period

    EUR 3.25 billion

    –

    Exact inputs and evidence

    3251000000 − 3493000000 = -242000000 EUR

    3493000000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    3251000000 EUR · 2024-01-01 – 2024-12-31

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  • Capital expenditure

    -6.6%

    Prior period

    EUR 1.28 billion

    –

    Current period

    EUR 1.19 billion

    –

    Exact inputs and evidence

    1194000000 − 1278000000 = -84000000 EUR

    1278000000 EUR · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    1194000000 EUR · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2024-01-01 – 2024-12-31

  • Revenue EUR 14.44 billion 100% of revenue
  • Operating costs Derived EUR 12.9 billion 89% of revenue
  • Operating income EUR 1.55 billion 11% of revenue
  • Tax, interest and other Derived EUR 2.16 billion 15% of revenue
  • Net income −EUR 610 million −4.2% of revenue

Cash

  • Operating cash flow EUR 3.25 billion 23% of revenue
  • Capital expenditure EUR 1.19 billion 8.3% of revenue
  • Free cash flow Derived EUR 2.06 billion 14% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 Net income was higher than operating income, so the split is not drawn.
  • 2021 Operating loss: operating costs were 123% of revenue.
  • 2023 Net loss: net income was −10% of revenue.
  • 2024 Net loss: net income was −4.2% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2020-01-01 – 2020-12-3115805000000 13701000000 Derived 2104000000 -5120000000 Derived 7224000000 4413000000 Derived
Source
2021 2021-01-01 – 2021-12-3115316000000 18845000000 Derived -3529000000 5123000000 Derived -8652000000 1671000000 Derived
Source
2023 2023-01-01 – 2023-12-3114311000000 12969000000 Derived 1342000000 2783000000 Derived -1441000000 2215000000 Derived
Source
2024 2024-01-01 – 2024-12-3114442000000 12897000000 Derived 1545000000 2155000000 Derived -610000000 2057000000 Derived
Source

Amounts are exact, in EUR.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

EUR 14.4B 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.17.1B12.8B8.5B4.3B0.02020202120232024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Revenue15805000000
2021Revenue15316000000
2023Revenue14311000000
2024Revenue14442000000

Revenue growth

Change in revenue from the same financial period one year earlier.

0.9% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.2%0.1%-1.1%-2.3%-3.4%2020202120232024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year-3.1%
2023Year over yearNo prior comparable period
2024Year over year0.9%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 10.7% 2024
Net margin -4.2% 2024
Free cash flow margin 14.2% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.54%24%-5%-35%-65%2020202120232024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020Operating margin13.3%
2021Operating margin-23%
2023Operating margin9.4%
2024Operating margin10.7%
2020Net margin45.7%
2021Net margin-56.5%
2023Net margin-10.1%
2024Net margin-4.2%
2020Free cash flow margin27.9%
2021Free cash flow margin10.9%
2023Free cash flow margin15.5%
2024Free cash flow margin14.2%

Operating cash flow

Cash generated by the company’s normal business operations.

EUR 3.3B 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7.1B5.3B3.5B1.8B0.02020202120232024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Operating cash flow6551000000
2021Operating cash flow4336000000
2023Operating cash flow3493000000
2024Operating cash flow3251000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

EUR 2.1B 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.8B3.6B2.4B1.2B0.02020202120232024
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(EUR)Source evidence
2020Free cash flow4413000000
2021Free cash flow1671000000
2023Free cash flow2215000000
2024Free cash flow2057000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

64.5% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.78%58%39%19%0%2020202120232024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020Liabilities / assets60.6%
2021Liabilities / assets68.1%
2023Liabilities / assets71.8%
2024Liabilities / assets64.5%

Current assets to current liabilities

Current assets divided by current liabilities.

0.8× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.05×0.78×0.52×0.26×0.00×2020202120232024
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020Current assets / current liabilities0.97×
2021Current assets / current liabilities0.86×
2023Current assets / current liabilities0.68×
2024Current assets / current liabilities0.8×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
EUR 7.22 billion
Exact value

Exact value: 7224000000 EUR

2020-01-01 – 2020-12-31: 7224000000 EUR Inspect Net Income Open source
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EUR 6.55 billion
Exact value

Exact value: 6551000000 EUR

2020-01-01 – 2020-12-31: 6551000000 EUR Inspect Operating Cash Flow Open source
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EUR 2.14 billion
Exact value

Exact value: 2138000000 EUR

2020-01-01 – 2020-12-31: 2138000000 EUR Inspect Capital Expenditure Open source
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EUR 4.41 billion
Calculation and evidence

6551000000 − 2138000000 EUR

Exact free cash flow: 4413000000 EUR

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2021 2021-01-01 – 2021-12-31
−EUR 8.65 billion
Exact value

Exact value: -8652000000 EUR

2021-01-01 – 2021-12-31: -8652000000 EUR Inspect Net Income Open source
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EUR 4.34 billion
Exact value

Exact value: 4336000000 EUR

2021-01-01 – 2021-12-31: 4336000000 EUR Inspect Operating Cash Flow Open source
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EUR 2.67 billion
Exact value

Exact value: 2665000000 EUR

2021-01-01 – 2021-12-31: 2665000000 EUR Inspect Capital Expenditure Open source
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EUR 1.67 billion
Calculation and evidence

4336000000 − 2665000000 EUR

Exact free cash flow: 1671000000 EUR

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2023 2023-01-01 – 2023-12-31
−EUR 1.44 billion
Exact value

Exact value: -1441000000 EUR

2023-01-01 – 2023-12-31: -1441000000 EUR Inspect Net Income Open source
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EUR 3.49 billion
Exact value

Exact value: 3493000000 EUR

2023-01-01 – 2023-12-31: 3493000000 EUR Inspect Operating Cash Flow Open source
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EUR 1.28 billion
Exact value

Exact value: 1278000000 EUR

2023-01-01 – 2023-12-31: 1278000000 EUR Inspect Capital Expenditure Open source
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EUR 2.22 billion
Calculation and evidence

3493000000 − 1278000000 EUR

Exact free cash flow: 2215000000 EUR

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2024 2024-01-01 – 2024-12-31
−EUR 610 million
Exact value

Exact value: -610000000 EUR

2024-01-01 – 2024-12-31: -610000000 EUR Inspect Net Income Open source
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EUR 3.25 billion
Exact value

Exact value: 3251000000 EUR

2024-01-01 – 2024-12-31: 3251000000 EUR Inspect Operating Cash Flow Open source
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EUR 1.19 billion
Exact value

Exact value: 1194000000 EUR

2024-01-01 – 2024-12-31: 1194000000 EUR Inspect Capital Expenditure Open source
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EUR 2.06 billion
Calculation and evidence

3251000000 − 1194000000 EUR

Exact free cash flow: 2057000000 EUR

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

2 filings · 282 latest values · 282 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 549300W384M3RI3VXU42, esef:549300W384M3RI3VXU42