Curious about Capgemini net worth? In this article, I’ll explore Capgemini’s financial standing for 2024, including market cap, revenue, and other key metrics.
This in-depth analysis, brought to you by Ando Money, offers a snapshot of one of the biggest names in the financial consulting sector.
Quick Facts
FACT | DETAIL |
---|---|
Name | Capgemini |
Full Name | Capgemini SE |
Industry | Business and Technology Consulting, Outsourcing, Professional Services |
Traded as | Euronext Paris (CAP) |
ISIN | FR0000125338 |
Founded | 1967 |
Founders | Serge Kampf |
Country/Territory | France |
Headquarters | Paris, France |
Chief Executive Officer | Aiman Ezzat |
Number of Employees | 336,900 |
Market Cap | $36.09 billion |
Total Assets | N/A |
Total Equity | N/A |
Revenue | €11,138 million (H1 2024, approx. $12.1 billion) |
Net Income | €835 million (H1 2024, approx. $910 million) |
What is the Net Worth or Market Cap of Capgemini in 2024?
Capgemini’s market cap stands at $36.09 billion as of October 2024. This valuation makes it one of the notable players in its industry.
Compared to other financial giants, Capgemini holds a strong position, although it may not be the highest.
If you’re interested in learning more about other well-valued companies, here are some brands related to Capgemini’s field of operation:
- Schneider Electric
- Accenture
- Deloitte
- TCS (Tata Consultancy Services)
- Infosys
- Cognizant
- IBM
- EY (Ernst & Young)
- Wipro
- PwC
For those eager to understand which companies stand as the richest in the world, you can explore the largest companies in financial consulting.
Capgemini Revenue and Financial Performance Overview
Revenue and Growth Performance
Capgemini‘s revenue for H1 2024 was €11,138 million (approximately $12.1 billion), showing a decline of -2.5% year-on-year. This downturn was also evident in the growth at constant exchange rates, which reflected a -2.6% dip.
The organic revenue figure, which factors in changes in scope and exchange rates, was slightly steeper at -3.0%.
Despite these challenges, Capgemini showed resilience in Q2 2024, with improved revenue growth rates in almost all regions and sectors compared to Q1.
The recovery was particularly noticeable in the North American region, where the contraction slowed to -3.7% at constant exchange rates in Q2, following a -7.1% dip in Q1. This positive shift indicates a promising outlook for upcoming quarters.
Operating Margin and Profitability
The operating margin for H1 2024 stood at €1,384 million, maintaining a consistent 12.4% of revenues year-on-year.
Notably, Capgemini’s mix of innovative and value-added services, including AI, Cloud, and Sustainability, played a key role in offsetting the inflation impact, thus keeping their margin stable.
The operating profit reached €1,147 million, translating to 10.3% of revenues, a slight rise compared to H1 2023’s 10.1%.
This improvement by +20 basis points indicates effective cost management, despite challenging market conditions, particularly in the automotive and aerospace sectors.
Net Profit and Earnings
Capgemini’s net profit (Group share) for H1 2024 was €835 million (around $910 million), marking a +3% increase year-on-year.
This profit growth reflects improvements in operating efficiencies and slightly better financial conditions, with higher interest income contributing to a €20 million net financial result, compared to a €22 million expense in H1 2023.
The basic earnings per share (EPS) also saw a +4% increase to €4.88, signaling enhanced value for shareholders.
The normalized EPS, which removes the effect of exceptional items, stood at €5.88, up from €5.80 in H1 2023.
Regional Performance
Across its regional operations, Capgemini experienced varied performances:
- North America: Despite a -5.4% revenue drop, the operating margin improved to 15.5%.
- United Kingdom and Ireland: Revenues decreased by -2.8%, while the operating margin surged to 20.5%.
- France: Revenues fell by -2.7%, with a drop in operating margin to 9.1%.
- Rest of Europe: Revenues remained stable, with an increase in the operating margin to 11.1%.
- Asia-Pacific and Latin America: Revenues declined by -1.6%, while the operating margin rose to 10.5%.
Cash Flow and Debt Status
Capgemini showed a substantial improvement in organic free cash flow, with €163 million generated in H1 2024, compared to a negative -€53 million in H1 2023.
This shift was primarily attributed to better cash management and increased operational efficiencies.
However, net debt stood at €2.8 billion as of June 30, 2024, slightly reduced from €3.2 billion a year earlier.
This decrease was driven by positive cash flow, acquisitions totaling €30 million, and significant dividends of €580 million paid to shareholders.
FAQs About Capgemini
Who is the CEO of Capgemini?
The current CEO of Capgemini is Aiman Ezzat. He has been instrumental in driving the company’s strategic focus on innovation and sustainability.
How many employees does the company have?
The company employs around 336,900 people globally, with 57% of its workforce based offshore, ensuring a broad mix of talent across regions.
What services does the company offer?
It provides a wide range of services including Business and Technology Consulting, Outsourcing, and Professional Services. It also leads in AI and Cloud Services, which have been pivotal to its growth strategy.
What are Capgemini’s primary regions of operation?
Capgemini operates primarily in North America, United Kingdom and Ireland, France, Rest of Europe, and Asia-Pacific and Latin America.
How has Capgemini performed financially in 2024?
Capgemini’s financial performance in H1 2024 has been challenging, with a -2.5% dip in revenue. Nevertheless, its operating profit, cash flow, and net profit figures have shown resilience, suggesting effective cost management amid market headwinds.
Conclusion
Capgemini’s financial performance in 2024 showcases resilience in a challenging environment.
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