Five-year summary: results 2021 to 2025

In CHF million, except where indicated

Financial data Swisscom Group

  2021 2022 2023 2024 2025
Revenue 11,183 11,051 11,072 11,017 15,048
EBITDA after lease expense (EBITDAaL) 4,177 4,120 4,334 4,064 4,984
Capital expenditure 2,286 2,309 2,292 2,312 3,064
Operating free cash flow 1,891 1,811 2,042 1,752 1,920
Free cash flow 1,513 1,349 1,480 1,437 1,433
EBITDA 4,478 4,406 4,622 4,767 6,617
EBIT 2,066 2,040 2,205 1,953 1,925
Net income 1,833 1,603 1,711 1,541 1,270
Earnings per share (CHF) 35.37 30.93 33.03 29.77 24.54
Equity 10,813 11,171 11,622 12,154 12,238
Equity ratio (%) 43.6 45.4 47.0 32.1 34.0
Net debt 7,706 7,374 7,071 16,187 15,633
  Revenue
2021 11,183
2022 11,051
2023 11,072
2024 11,017
2025 15,048
  EBITDA after lease expense (EBITDAaL)
2021 4,177
2022 4,120
2023 4,334
2024 4,064
2025 4,984
  Capital expenditure
2021 2,286
2022 2,309
2023 2,292
2024 2,312
2025 3,064
  Operating free cash flow
2021 1,891
2022 1,811
2023 2,042
2024 1,752
2025 1,920
  Free cash flow
2021 1,513
2022 1,349
2023 1,480
2024 1,437
2025 1,433
  EBITDA
2021 4,478
2022 4,406
2023 4,622
2024 4,767
2025 6,617
  EBIT
2021 2,066
2022 2,040
2023 2,205
2024 1,953
2025 1,925
  Net income
2021 1,833
2022 1,603
2023 1,711
2024 1,541
2025 1,270
  Earnings per share (CHF)
2021 35.37
2022 30.93
2023 33.03
2024 29.77
2025 24.54
  Equity
2021 10,813
2022 11,171
2023 11,622
2024 12,154
2025 12,238
  Equity ratio (%)
2021 43.6
2022 45.4
2023 47.0
2024 32.1
2025 34.0
  Net debt
2021 7,706
2022 7,374
2023 7,071
2024 16,187
2025 15,633

Swisscom share

  2021 2022 2023 2024 2025
Shares issued (million of shares) 51.802 51.802 51.802 51.802 51.802
Market capitalisation 26,657 26,242 26,211 26,134 29,812
Closing price (CHF) 514.60 506.60 506.00 504.50 575.50
Closing price highest (CHF) 562.40 590.40 619.40 571.00 604.00
Closing price lowest (CHF) 456.30 443.40 501.20 486.80 491.00
Dividend per share (CHF) 22.00 22.00 22.00 22.00 26.001
Ratio payout/earnings per share (%) 62.2 71.1 66.6 73.9 106.0
  Shares issued (million of shares)
2021 51.802
2022 51.802
2023 51.802
2024 51.802
2025 51.802
  Market capitalisation
2021 26,657
2022 26,242
2023 26,211
2024 26,134
2025 29,812
  Closing price (CHF)
2021 514.60
2022 506.60
2023 506.00
2024 504.50
2025 575.50
  Closing price highest (CHF)
2021 562.40
2022 590.40
2023 619.40
2024 571.00
2025 604.00
  Closing price lowest (CHF)
2021 456.30
2022 443.40
2023 501.20
2024 486.80
2025 491.00
  Dividend per share (CHF)
2021 22.00
2022 22.00
2023 22.00
2024 22.00
2025 26.001
  Ratio payout/earnings per share (%)
2021 62.2
2022 71.1
2023 66.6
2024 73.9
2025 106.0

Employees

  2021 2022 2023 2024 2025
Full-time equivalent employees (number) 18,905 19,157 19,729 23,839 23,266
Average number of full-time equivalent employees (number) 19,099 19,046 19,461 19,918 23,545
  Full-time equivalent employees (number)
2021 18,905
2022 19,157
2023 19,729
2024 23,839
2025 23,266
  Average number of full-time equivalent employees (number)
2021 19,099
2022 19,046
2023 19,461
2024 19,918
2025 23,545

Information Switzerland

  2021 2022 2023 2024 2025
Revenue 8,233 8,209 8,147 7,976 7,868
EBITDA after lease expense (EBITDAaL) 3,221 3,265 3,484 3,329 3,362
Capital expenditure 1,642 1,698 1,690 1,725 1,692
Operating free cash flow 1,579 1,567 1,794 1,604 1,670
Mobile postpaid access lines (thousand) 4,980 5,146 5,350 5,460 5,645
Broadband access lines retail (thousand) 2,037 2,027 2,006 1,967 1,938
TV access lines (thousand) 1,592 1,571 1,537 1,493 1,462
Fixed telephony access lines (thousand) 1,424 1,322 1,226 1,137 1,045
Access lines wholesale (thousand) 698 679 692 731 768
Full-time equivalent employees (number) 12,889 12,822 13,263 13,319 12,935
  Revenue
2021 8,233
2022 8,209
2023 8,147
2024 7,976
2025 7,868
  EBITDA after lease expense (EBITDAaL)
2021 3,221
2022 3,265
2023 3,484
2024 3,329
2025 3,362
  Capital expenditure
2021 1,642
2022 1,698
2023 1,690
2024 1,725
2025 1,692
  Operating free cash flow
2021 1,579
2022 1,567
2023 1,794
2024 1,604
2025 1,670
  Mobile postpaid access lines (thousand)
2021 4,980
2022 5,146
2023 5,350
2024 5,460
2025 5,645
  Broadband access lines retail (thousand)
2021 2,037
2022 2,027
2023 2,006
2024 1,967
2025 1,938
  TV access lines (thousand)
2021 1,592
2022 1,571
2023 1,537
2024 1,493
2025 1,462
  Fixed telephony access lines (thousand)
2021 1,424
2022 1,322
2023 1,226
2024 1,137
2025 1,045
  Access lines wholesale (thousand)
2021 698
2022 679
2023 692
2024 731
2025 768
  Full-time equivalent employees (number)
2021 12,889
2022 12,822
2023 13,263
2024 13,319
2025 12,935

Information Italy

  2021 2022 2023 2024 2025
Revenue (EUR million) 2,392 2,482 2,633 2,809 7,291
EBITDA after lease expense (EBITDAaL) (EUR million) 772 797 743 656 1,687
Capital expenditure (EUR million) 601 616 623 628 1,478
Operating free cash flow (EUR million) 171 181 120 28 209
Mobile access lines (thousand) 2,472 3,087 3,509 20,216 20,054
Broadband access lines retail (thousand) 2,750 2,683 2,601 5,916 5,732
Broadband access lines wholesale (thousand) 306 458 648 905 1,126
Full-time equivalent employees (number) 2,753 3,039 3,157 7,251 7,179
  Revenue (EUR million)
2021 2,392
2022 2,482
2023 2,633
2024 2,809
2025 7,291
  EBITDA after lease expense (EBITDAaL) (EUR million)
2021 772
2022 797
2023 743
2024 656
2025 1,687
  Capital expenditure (EUR million)
2021 601
2022 616
2023 623
2024 628
2025 1,478
  Operating free cash flow (EUR million)
2021 171
2022 181
2023 120
2024 28
2025 209
  Mobile access lines (thousand)
2021 2,472
2022 3,087
2023 3,509
2024 20,216
2025 20,054
  Broadband access lines retail (thousand)
2021 2,750
2022 2,683
2023 2,601
2024 5,916
2025 5,732
  Broadband access lines wholesale (thousand)
2021 306
2022 458
2023 648
2024 905
2025 1,126
  Full-time equivalent employees (number)
2021 2,753
2022 3,039
2023 3,157
2024 7,251
2025 7,179

1 In accordance with the proposal of the Board of Directores to the Annual General Meeting.