ING Financial Statements From 2010 to 2025

ING Stock  USD 16.90  0.46  2.65%   
ING Group financial statements provide useful quarterly and yearly information to potential ING Group NV investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ING Group financial statements helps investors assess ING Group's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ING Group's valuation are summarized below:
Gross Profit
20.1 B
Profit Margin
0.266
Market Capitalization
57.2 B
Enterprise Value Revenue
9.1951
Revenue
20.1 B
There are over one hundred nineteen available fundamental trends for ING Group NV, which can be analyzed over time and compared to other ratios. Active traders should verify all of ING Group NV regular fundamental drivers against the trend between 2010 and 2025 to make sure the company can sustain itself for few more years. The ING Group's current Enterprise Value is estimated to increase to about 156 B, while Market Cap is projected to decrease to roughly 30.8 B.

ING Group Total Revenue

33.17 Billion

Check ING Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ING Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 683.9 M, Interest Expense of 33 B or Selling General Administrative of 6.3 B, as well as many indicators such as Price To Sales Ratio of 2.31, Dividend Yield of 0.0429 or PTB Ratio of 1.17. ING financial statements analysis is a perfect complement when working with ING Group Valuation or Volatility modules.
  
Check out the analysis of ING Group Correlation against competitors.

ING Group Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsTT935.6 B
Pretty Stable
Short and Long Term Debt Total170.1 B160.2 B161.2 B
Pretty Stable
Total Current Liabilities721.6 B687.3 B255.6 B
Slightly volatile
Total Stockholder Equity43.2 B50.3 B47.2 B
Slightly volatile
Property Plant And Equipment Net2.7 B2.4 B2.4 B
Very volatile
Cash44.2 B70.4 B51.4 B
Slightly volatile
Non Current Assets Total950.7 B905.4 B348.5 B
Slightly volatile
Cash And Short Term Investments58.2 B115.1 B66.1 B
Slightly volatile
Net Receivables713.1 M750.6 M5.8 B
Slightly volatile
Common Stock Shares Outstanding3.3 B3.2 B3.6 B
Pretty Stable
Liabilities And Stockholders EquityTT935.6 B
Pretty Stable
Non Current Liabilities Total1.2 T1.1 T319.9 B
Slightly volatile
Total Liabilities885 B969.2 B737.5 B
Pretty Stable
Total Current Assets77.9 B115.1 B82.4 B
Slightly volatile
Retained Earnings32.3 B42.4 B31.5 B
Slightly volatile
Common Stock42.3 M40.2 M5.6 B
Pretty Stable
Other Liabilities13.2 B13.9 B265.1 B
Slightly volatile
Long Term Debt120.4 B160.2 B110.5 B
Pretty Stable
Property Plant Equipment3.1 B2.2 B2.6 B
Pretty Stable
Property Plant And Equipment Gross4.2 B7.1 B3.5 B
Slightly volatile
Good Will401 M422.1 M837.1 M
Slightly volatile
Other Current Assets128.6 B135.4 B376.6 B
Slightly volatile
Intangible Assets1.3 B656.1 M989 M
Slightly volatile
Common Stock Total Equity463.5 M472.5 M520.9 M
Slightly volatile
Long Term Investments199.3 B231.9 B183.1 B
Slightly volatile
Short and Long Term Debt164.1 B166.8 B157.2 B
Pretty Stable
Net Tangible Assets57.1 B63.7 B51.7 B
Slightly volatile
Long Term Debt Total98.3 B128.5 B92.9 B
Slightly volatile
Capital Surpluse18.6 B19.7 B16.9 B
Slightly volatile
Earning Assets160.4 B162.8 B204 B
Slightly volatile
Net Invested Capital199.6 B210.6 B179.8 B
Slightly volatile
Capital Stock29.9 M31.5 M68 M
Pretty Stable

ING Group Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization683.9 M606.6 M674 M
Very volatile
Interest Expense33 B41.7 B28 B
Pretty Stable
Selling General Administrative6.3 B6.6 B10.8 B
Slightly volatile
Total Revenue33.2 B22.6 B24.1 B
Slightly volatile
Gross Profit33.2 B22.6 B24 B
Slightly volatile
Income Before Tax6.6 B9.3 BB
Slightly volatile
Net Income3.6 B6.4 B4.2 B
Slightly volatile
Income Tax Expense1.5 B2.6 B1.7 B
Slightly volatile
Selling And Marketing Expenses433 M332.1 M411.2 M
Slightly volatile
Net Income Applicable To Common Shares4.6 B3.3 B4.7 B
Slightly volatile
Net Income From Continuing Ops5.4 B6.7 B4.3 B
Slightly volatile
Tax Provision2.2 B2.6 B1.9 B
Slightly volatile
Net Interest Income14.9 B15 B13.3 B
Slightly volatile
Interest Income24.6 B15 B35.2 B
Slightly volatile
Reconciled Depreciation766.4 M775.1 M628.7 M
Slightly volatile

ING Group Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow97.7 B93 B48.6 B
Slightly volatile
Depreciation703.8 M606.6 M715.6 M
Pretty Stable
Net Income4.5 B6.4 B5.3 B
Pretty Stable
End Period Cash Flow112.3 B107 B54.7 B
Slightly volatile
Stock Based Compensation26.5 M27.9 M276.5 M
Slightly volatile
Issuance Of Capital Stock3.7 M5.8 M4.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.312.435690.7965
Pretty Stable
Dividend Yield0.04290.07940.0433
Slightly volatile
PTB Ratio1.170.97080.8769
Pretty Stable
Days Sales Outstanding14.7715.541.1 K
Pretty Stable
Book Value Per Share28.0315.893651.3142
Slightly volatile
Stock Based Compensation To Revenue0.00190.0020.0587
Pretty Stable
Capex To Depreciation0.470.49331.0734
Slightly volatile
PB Ratio1.170.97080.8769
Pretty Stable
Net Income Per Share1.871.981.2207
Slightly volatile
Payables Turnover0.280.270.1651
Slightly volatile
Sales General And Administrative To Revenue0.360.3715.1653
Pretty Stable
Capex To Revenue0.01570.01660.5194
Pretty Stable
Cash Per Share37.4535.664225.0643
Slightly volatile
Interest Coverage0.350.370.8731
Slightly volatile
Payout Ratio0.640.60690.4403
Slightly volatile
Days Payables Outstanding1.4 K1.4 K5.2 K
Slightly volatile
ROE0.130.1270.0918
Slightly volatile
PE Ratio6.247.641410.781
Pretty Stable
Return On Tangible Assets0.00590.00630.0048
Slightly volatile
Earnings Yield0.120.13090.1093
Very volatile
Intangibles To Total Assets0.00120.00130.0018
Slightly volatile
Current Ratio0.220.2388.5049
Very volatile
Tangible Book Value Per Share27.5115.480450.8825
Slightly volatile
Receivables Turnover19.9719.029.0067
Slightly volatile
Graham Number25.1926.350118.7882
Slightly volatile
Shareholders Equity Per Share14.5115.585413.2004
Slightly volatile
Debt To Equity4.493.18493.1651
Slightly volatile
Capex Per Share0.09770.10280.2646
Slightly volatile
Average Receivables7.2 B8.1 B8.8 B
Slightly volatile
Revenue Per Share5.96.2126.3851
Slightly volatile
Interest Debt Per Share68.5649.637848.2136
Slightly volatile
Debt To Assets0.20.1570.1663
Slightly volatile
Short Term Coverage Ratios0.150.160.165
Pretty Stable
Price Earnings Ratio6.247.641410.781
Pretty Stable
Price Book Value Ratio1.170.97080.8769
Pretty Stable
Days Of Payables Outstanding1.4 K1.4 K5.2 K
Slightly volatile
Dividend Payout Ratio0.640.60690.4403
Slightly volatile
Pretax Profit Margin0.440.463712.1527
Pretty Stable
Effective Tax Rate0.20.28490.2704
Slightly volatile
Company Equity Multiplier28.2320.283520.0995
Very volatile
Long Term Debt To Capitalization0.830.7610.7286
Very volatile
Total Debt To Capitalization0.860.7610.748
Slightly volatile
Debt Equity Ratio4.493.18493.1651
Slightly volatile
Quick Ratio0.220.23263
Very volatile
Net Income Per E B T0.810.68730.7245
Pretty Stable
Cash Ratio0.130.1453.4924
Very volatile
Days Of Sales Outstanding14.7715.541.1 K
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio1.21.00590.996
Slightly volatile
Price To Book Ratio1.170.97080.8769
Pretty Stable
Fixed Asset Turnover7.838.23918.9877
Slightly volatile
Debt Ratio0.20.1570.1663
Slightly volatile
Price Sales Ratio2.312.435690.7965
Pretty Stable
Return On Assets0.00590.00630.0048
Slightly volatile
Asset Turnover0.01870.01970.0257
Slightly volatile
Net Profit Margin0.30.31878.1195
Pretty Stable
Gross Profit Margin0.841.151.0771
Slightly volatile
Price Fair Value1.170.97080.8769
Pretty Stable
Return On Equity0.130.1270.0918
Slightly volatile

ING Group Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap30.8 B48.8 B41.8 B
Slightly volatile
Enterprise Value156 B138.7 B126.9 B
Slightly volatile

ING Fundamental Market Drivers

Forward Price Earnings7.6746
Cash And Short Term Investments115.1 B

ING Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About ING Group Financial Statements

ING Group stakeholders use historical fundamental indicators, such as ING Group's revenue or net income, to determine how well the company is positioned to perform in the future. Although ING Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in ING Group's assets and liabilities are reflected in the revenues and expenses on ING Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ING Group NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue16.1 M15.3 M
Total Revenue22.6 B33.2 B
Cost Of Revenue-196.7 M-186.8 M
Sales General And Administrative To Revenue 0.37  0.36 
Capex To Revenue 0.02  0.02 
Revenue Per Share 6.21  5.90 
Ebit Per Revenue(0.13)(0.11)

Currently Active Assets on Macroaxis

When determining whether ING Group NV is a strong investment it is important to analyze ING Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ING Group's future performance. For an informed investment choice regarding ING Stock, refer to the following important reports:
Check out the analysis of ING Group Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ING Group. If investors know ING will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ING Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.054
Dividend Share
1.06
Earnings Share
2.16
Revenue Per Share
6.211
Quarterly Revenue Growth
3.183
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ING Group's market value can be influenced by many factors that don't directly affect ING Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.