Q4 25 EPS
$N/A
Est. $1.72
Q4 25 Revenue
N/A
vs S&P Since Q4 25
-23.8%
TRAILING MARKET
UL -18.1% vs S&P +5.7%
Full Year 2025 Results
FY 25 EPS
$2.59
MISS 11.85%
Est. $2.94
FY 25 Revenue
$50.50B
MISS 0.13%
Est. $50.57B
Market Reaction
Did UL Beat Earnings? Q4 2025 Results
Unilever closed out a transformative 2025 on a strengthening note, with Q4 underlying sales growth accelerating to 4.2% and full-year revenue climbing 70.4% year over year to $50.50 billion, though reported turnover reflected the real-world complexit… Read more Unilever closed out a transformative 2025 on a strengthening note, with Q4 underlying sales growth accelerating to 4.2% and full-year revenue climbing 70.4% year over year to $50.50 billion, though reported turnover reflected the real-world complexity of a business in transition, declining 3.8% due to currency headwinds of 5.9% and the impact of net disposals. Against a consensus EPS estimate of $1.72, the consumer goods giant pointed to a single defining event as the year's strategic centerpiece: the December completion of the Ice Cream demerger, which generated a $3.37 billion gain and allowed management to sharpen focus on its core Power Brands, which grew at 4.3% underlying sales growth and represent 78% of turnover. Underlying operating margin expanded 60 basis points to 20.0%, supported by $670.00 million in cumulative productivity savings delivered ahead of schedule. Shares dipped modestly around the ex-dividend date, though investor attention has since pivoted to 2026 guidance, where Unilever expects growth at the bottom end of its 4-6% multi-year range amid slower market conditions, alongside a modest further margin improvement.
Key Takeaways
- • Power Brands led growth at 4.3% USG with 2.2% volume
- • Personal Care delivered strongest segment USG at 4.7%
- • Gross margin expanded 20bps to 46.9% through productivity initiatives and positive mix
- • Overhead costs improved 50bps driven by productivity programme ahead of plan
- • Decisive business resets in Indonesia and China drove improvement in second half
- • North America outperformed with 5.3% USG and 3.8% volume growth
- • Premium innovations and social-first demand generation drove volume-led growth
UL YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
UL Revenue by Segment
With YoY comparisons, source: SEC Filings
UL Revenue by Geography
With YoY comparisons, source: SEC Filings
“In 2025 we became a simpler, sharper, and faster Unilever, delivering our commitment to volume growth, positive mix and strong gross margin. Our underlying sales growth improved throughout the year as we landed a strong innovation plan, drove improvements in key emerging markets and successfully completed the Ice Cream demerger.”
— Fernando Fernandez, Q4 2025 Earnings Press Release
UL Earnings Trends
UL vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
UL EPS Trend
Earnings per share: estimate vs actual
UL Revenue Trend
Quarterly revenue: estimate vs actual
UL Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | — | — | — | — |
| Q4 25 FY | $1.72 | — | — | — | — |
| FY Full Year | $2.94 | $2.59 | -11.85% | $50.50B | -0.13% |
| Q3 25 | $0.00 | — | — | $16.97B | +14.70% |
| Q2 25 | $0.00 | — | — | — | — |