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TIM (TIMB) Financials

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$15.36 +0.46 (+3.05%)
Closing price 03:59 PM Eastern
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$15.50 +0.15 (+0.94%)
As of 04:25 PM Eastern
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Annual Income Statements for TIM

Annual Income Statements for TIM

This table shows TIM's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
802 901 352 530 316 585 510
Consolidated Net Income / (Loss)
656 901 352 530 316 585 510
Net Income / (Loss) Continuing Operations
802 901 352 530 316 585 510
Total Pre-Tax Income
485 1,129 384 557 -326 -656 -586
Total Operating Income
623 1,123 540 674 598 972 890
Total Gross Profit
2,391 2,474 1,785 1,725 2,057 2,543 2,192
Total Revenue
4,376 4,324 3,324 3,239 4,073 4,912 4,115
Operating Revenue
4,376 4,324 3,324 3,239 4,073 4,912 4,115
Total Cost of Revenue
1,985 1,850 1,540 1,514 2,016 2,369 1,923
Operating Cost of Revenue
1,985 1,850 1,540 1,514 2,016 2,369 1,923
Total Operating Expenses
1,768 1,351 1,245 1,051 1,459 1,570 1,301
Selling, General & Admin Expense
1,695 1,668 1,178 1,138 1,401 1,546 1,246
Other Operating Expenses / (Income)
73 -317 68 -87 59 24 55
Total Other Income / (Expense), net
-138 5.28 -156 -117 -272 -316 -305
Interest Expense
245 350 239 313 523 570 456
Interest & Investment Income
106 356 84 196 250 256 139
Other Income / (Expense), net
0.35 -0.23 -1.34 0.12 0.95 -1.45 12
Income Tax Expense
-171 227 32 26 9.49 71 76
Basic Earnings per Share
$1.05 $1.50 $0.76 $1.22 $0.13 $0.24 $0.21
Weighted Average Basic Shares Outstanding
- - 2.42B 2.42B 2.42B 2.42B 2.42B
Diluted Earnings per Share
$1.05 $1.50 $0.76 $1.22 $0.13 $0.24 $0.21
Weighted Average Diluted Shares Outstanding
- - 2.42B 2.42B 2.42B 2.42B 2.42B
Weighted Average Basic & Diluted Shares Outstanding
- - 2.42B 2.42B 2.42B 2.42B 2.42B

Quarterly Income Statements for TIM

No quarterly income statements for TIM are available.


Annual Cash Flow Statements for TIM

This table details how cash moves in and out of TIM's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-486 -503 -586 2,116 2,529 2,044 1,411
Net Cash From Operating Activities
1,580 421 464 974 1,733 1,979 1,377
Net Cash From Continuing Operating Activities
554 421 464 974 1,733 1,979 1,377
Net Income / (Loss) Continuing Operations
-485 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation Expense
1,022 1,276 1,064 1,021 1,292 1,467 1,136
Amortization Expense
- -180 -348 -307 -107 -247 -229
Non-Cash Adjustments To Reconcile Net Income
221 -226 -235 99 365 621 363
Changes in Operating Assets and Liabilities, net
-204 -449 -17 161 183 139 106
Net Cash From Investing Activities
-987 -924 -1,050 1,142 500 65 -48
Net Cash From Continuing Investing Activities
-993 -924 -1,050 1,142 500 65 -48
Purchase of Investments
-5.53 -924 -1,050 - -1,182 -618 -1,212
Sale and/or Maturity of Investments
- - - 1,142 1,682 683 1,164
Net Cash From Financing Activities
-1,078 0.00 0.00 0.00 297 0.00 81
Net Cash From Continuing Financing Activities
-149 0.00 0.00 0.00 297 0.00 81
Issuance of Debt
43 - - - 297 0.00 81
Cash Interest Paid
- - - 14 30 42 23

Quarterly Cash Flow Statements for TIM

No quarterly cash flow statements for TIM are available.


Annual Balance Sheets for TIM

This table presents TIM's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Total Assets
10,040 8,019 8,936 10,671 11,389 9,109
Total Current Assets
2,104 2,004 346 1,961 809 953
Cash & Equivalents
569 496 938 482 634 527
Note & Lease Receivable
1.23 1.03 -690 5.80 -777 -491
Accounts Receivable
792 588 584 647 806 779
Inventories, net
51 47 -550 45 68 47
Prepaid Expenses
61 43 64 68 78 91
Plant, Property, & Equipment, net
4,382 3,485 3,284 4,287 858 584
Plant, Property & Equipment, gross
4,382 3,485 -72 4,287 858 584
Total Noncurrent Assets
2,453 1,915 7,832 3,485 13,394 10,423
Long-Term Investments
- - 1,109 2.45 705 617
Intangible Assets
2,406 1,738 1,899 3,106 3,220 2,402
Noncurrent Deferred & Refundable Income Taxes
0.00 106 96 259 147 53
Other Noncurrent Operating Assets
22 46 4,685 73 9,321 7,351
Total Liabilities & Shareholders' Equity
10,040 8,019 10,864 10,671 11,389 9,109
Total Liabilities
4,458 3,556 4,433 5,867 6,027 4,839
Total Current Liabilities
2,020 1,598 2,022 2,482 402 451
Dividends Payable
144 104 96 125 134 109
Current Deferred & Payable Income Tax Liabilities
- - - - 13 7.54
Other Taxes Payable
- - -65 2.56 256 335
Total Noncurrent Liabilities
2,438 1,958 4,410 3,385 2,843 2,269
Long-Term Debt
160 126 - 701 314 239
Capital Lease Obligations
- - 1,170 2,001 2,526 2,034
Noncurrent Deferred Revenue
206 145 - 126 186 136
Noncurrent Deferred & Payable Income Tax Liabilities
12 - - - -259 -175
Noncurrent Employee Benefit Liabilities
1.44 1.41 1.16 1.10 1.03 0.56
Other Noncurrent Operating Liabilities
18 18 3,239 264 75 35
Total Equity & Noncontrolling Interests
5,581 4,463 4,432 4,805 8,138 6,448
Total Preferred & Common Equity
5,581 4,463 4,432 4,805 8,138 6,448
Total Common Equity
5,582 4,466 4,432 4,805 8,138 6,448
Common Stock
2,455 2,595 2,418 2,550 2,778 2,179
Treasury Stock
-0.80 0.93 -0.87 0.03 -0.61 -0.56
Accumulated Other Comprehensive Income / (Loss)
- - -0.77 - -0.68 -0.37
Other Equity Adjustments
102 76 2,016 77 5,362 4,270

Quarterly Balance Sheets for TIM

No quarterly balance sheets for TIM are available.


Annual Metrics and Ratios for TIM

This table displays calculated financial ratios and metrics derived from TIM's official financial filings.

Metric 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - -
Revenue Growth
0.00% -1.20% -23.11% -2.56% 25.75% 20.60% -16.22%
EBITDA Growth
0.00% 34.92% -43.47% 10.64% 28.49% 22.84% -17.39%
EBIT Growth
0.00% 80.18% -52.07% 25.18% -11.15% 62.14% -7.08%
NOPAT Growth
0.00% 6.37% -44.80% 29.66% -34.82% 62.64% -8.41%
Net Income Growth
0.00% 37.41% -60.95% 50.70% -40.41% 85.02% -12.79%
EPS Growth
0.00% 42.86% -49.33% 60.53% -89.30% 84.75% -12.82%
Operating Cash Flow Growth
0.00% -73.34% 10.18% 109.94% 77.88% 14.24% -30.42%
Free Cash Flow Firm Growth
0.00% 0.00% 127.55% 16.76% -248.39% -108.71% 165.66%
Invested Capital Growth
0.00% 0.00% -15.94% -20.95% 71.60% 84.44% -22.10%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - - -
Gross Margin
54.65% 57.22% 53.69% 53.25% 50.51% 51.76% 53.26%
EBITDA Margin
37.59% 51.33% 37.74% 42.85% 43.78% 44.60% 43.97%
Operating Margin
14.24% 25.98% 16.23% 20.80% 14.68% 19.79% 21.64%
EBIT Margin
14.24% 25.98% 16.19% 20.80% 14.70% 19.76% 21.92%
Profit (Net Income) Margin
14.99% 20.84% 10.59% 16.38% 7.76% 11.91% 12.39%
Tax Burden Percent
135.36% 79.85% 91.76% 95.29% -97.09% -89.11% -87.06%
Interest Burden Percent
77.73% 100.49% 71.26% 82.61% -54.37% -67.60% -64.94%
Effective Tax Rate
-35.36% 20.15% 8.24% 4.71% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 28.05% 8.41% 13.34% 7.25% 6.56% 5.21%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 29.09% -8.18% -17.23% -1.63% 4.11% 2.78%
Return on Net Nonoperating Assets (RNNOA)
0.00% 4.24% -1.41% -1.41% -0.41% 2.47% 1.78%
Return on Equity (ROE)
0.00% 32.29% 7.01% 11.93% 6.84% 9.04% 6.99%
Cash Return on Invested Capital (CROIC)
0.00% -171.95% 25.74% 36.75% -45.48% -52.81% 30.06%
Operating Return on Assets (OROA)
0.00% 11.19% 5.96% 7.95% 6.11% 8.80% 8.80%
Return on Assets (ROA)
0.00% 8.98% 3.90% 6.26% 3.22% 5.30% 4.98%
Return on Common Equity (ROCE)
0.00% 32.30% 7.01% 11.93% 6.84% 9.04% 6.99%
Return on Equity Simple (ROE_SIMPLE)
0.00% 16.15% 7.89% 11.97% 6.58% 7.19% 7.91%
Net Operating Profit after Tax (NOPAT)
843 897 495 642 418 681 623
NOPAT Margin
19.27% 20.75% 14.90% 19.82% 10.27% 13.85% 15.15%
Net Nonoperating Expense Percent (NNEP)
0.00% -1.04% 16.60% 30.57% 8.88% 2.46% 2.43%
Return On Investment Capital (ROIC_SIMPLE)
- - - - 5.40% 6.20% 7.15%
Cost of Revenue to Revenue
45.35% 42.78% 46.31% 46.76% 49.49% 48.24% 46.74%
SG&A Expenses to Revenue
38.74% 38.58% 35.42% 35.14% 34.39% 31.48% 30.28%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
40.41% 31.24% 37.46% 32.45% 35.83% 31.97% 31.63%
Earnings before Interest and Taxes (EBIT)
623 1,123 538 674 599 971 902
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1,645 2,219 1,254 1,388 1,783 2,191 1,810
Valuation Ratios
- - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 1.12 1.04 1.04 0.88
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 1.96 2.95 1.72 1.40
Price to Revenue (P/Rev)
0.00 0.00 0.00 1.54 1.23 1.72 1.38
Price to Earnings (P/E)
0.00 0.00 0.00 9.38 15.88 14.46 11.11
Dividend Yield
3.63% 3.69% 4.50% 3.87% 4.40% 5.23% 6.56%
Earnings Yield
0.00% 0.00% 0.00% 10.67% 6.30% 6.91% 9.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.96 0.96 0.74 0.65
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 1.26 1.72 2.03 1.65
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 2.95 3.93 4.55 3.76
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 6.08 11.72 10.26 7.53
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 6.38 16.77 14.63 10.90
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 4.21 4.05 5.03 4.93
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 2.32 0.00 0.00 1.89
Leverage & Solvency
- - - - - - -
Debt to Equity
0.00 0.09 0.10 0.26 0.61 0.35 0.35
Long-Term Debt to Equity
0.00 0.03 0.03 0.26 0.56 0.35 0.35
Financial Leverage
0.00 0.15 0.17 0.08 0.25 0.60 0.64
Leverage Ratio
0.00 1.80 1.80 1.91 2.12 1.70 1.41
Compound Leverage Factor
0.00 1.81 1.28 1.57 -1.15 -1.15 -0.91
Debt to Total Capital
0.00% 8.30% 9.19% 20.89% 37.97% 25.87% 26.06%
Short-Term Debt to Total Capital
0.00% 5.66% 6.62% 0.00% 3.09% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 2.64% 2.57% 20.89% 34.88% 25.87% 26.06%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% 91.71% 90.87% 79.11% 62.04% 74.13% 73.94%
Debt to EBITDA
0.00 0.23 0.36 0.84 1.65 1.30 1.26
Net Debt to EBITDA
0.00 -0.10 -0.39 -0.63 1.12 0.69 0.62
Long-Term Debt to EBITDA
0.00 0.07 0.10 0.84 1.51 1.30 1.26
Debt to NOPAT
0.00 0.56 0.91 1.82 7.03 4.17 3.65
Net Debt to NOPAT
0.00 -0.26 -1.00 -1.37 4.77 2.21 1.81
Long-Term Debt to NOPAT
0.00 0.18 0.25 1.82 6.46 4.17 3.65
Altman Z-Score
0.00 0.00 0.00 1.06 1.31 1.60 1.55
Noncontrolling Interest Sharing Ratio
0.00% 0.00% -0.03% -0.03% -0.01% -0.01% 0.00%
Liquidity Ratios
- - - - - - -
Current Ratio
0.00 1.04 1.25 0.17 0.79 2.01 2.11
Quick Ratio
0.00 0.76 0.96 0.41 0.64 1.65 1.81
Cash Flow Metrics
- - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -5,498 1,515 1,768 -2,624 -5,477 3,596
Operating Cash Flow to CapEx
159.96% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense
0.00 -15.69 6.33 5.65 -5.02 -9.61 7.89
Operating Cash Flow to Interest Expense
6.44 1.20 1.94 3.11 3.31 3.47 3.02
Operating Cash Flow Less CapEx to Interest Expense
2.41 1.20 1.94 3.11 3.31 3.47 3.02
Efficiency Ratios
- - - - - - -
Asset Turnover
0.00 0.43 0.37 0.38 0.42 0.45 0.40
Accounts Receivable Turnover
0.00 5.46 4.82 5.53 6.62 6.76 5.19
Inventory Turnover
0.00 36.57 31.40 0.00 0.00 41.92 33.20
Fixed Asset Turnover
0.00 0.99 0.85 0.96 1.08 1.91 5.71
Accounts Payable Turnover
0.00 1.89 1.95 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
0.00 66.89 75.76 65.98 55.14 53.98 70.26
Days Inventory Outstanding (DIO)
0.00 9.98 11.62 0.00 0.00 8.71 10.99
Days Payable Outstanding (DPO)
0.00 192.62 187.12 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
0.00 -115.75 -99.74 65.98 55.14 62.68 81.26
Capital & Investment Metrics
- - - - - - -
Invested Capital
0.00 6,395 5,376 4,249 7,292 13,449 10,477
Invested Capital Turnover
0.00 1.35 0.56 0.67 0.71 0.47 0.34
Increase / (Decrease) in Invested Capital
0.00 6,395 -1,019 -1,126 3,043 6,157 -2,973
Enterprise Value (EV)
0.00 0.00 0.00 4,097 7,016 9,960 6,795
Market Capitalization
0.00 0.00 0.00 4,973 5,020 8,459 5,667
Book Value per Share
$0.00 $0.00 $1.84 $1.83 $1.99 $3.36 $2.66
Tangible Book Value per Share
$0.00 $0.00 $1.13 $1.05 $0.70 $2.03 $1.67
Total Capital
0.00 6,086 4,915 5,602 7,745 10,979 8,721
Total Debt
0.00 505 451 1,170 2,941 2,840 2,273
Total Long-Term Debt
0.00 160 126 1,170 2,701 2,840 2,273
Net Debt
0.00 -231 -493 -876 1,996 1,501 1,129
Capital Expenditures (CapEx)
988 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -307 -214 -2,614 -1,223 -228 -25
Debt-free Net Working Capital (DFNWC)
0.00 428 731 -1,676 -282 406 502
Net Working Capital (NWC)
0.00 84 406 -1,676 -521 406 502
Net Nonoperating Expense (NNE)
187 -4.21 143 112 102 96 113
Net Nonoperating Obligations (NNO)
0.00 813 912 -182 2,487 5,311 4,028
Total Depreciation and Amortization (D&A)
1,022 1,096 716 714 1,185 1,220 908
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -7.11% -6.42% -80.71% -30.04% -4.64% -0.61%
Debt-free Net Working Capital to Revenue
0.00% 9.90% 22.00% -51.75% -6.91% 8.28% 12.19%
Net Working Capital to Revenue
0.00% 1.94% 12.22% -51.75% -12.79% 8.28% 12.19%
Earnings Adjustments
- - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.76 $1.22 $0.70 $1.17 $0.21
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 2.42B 2.42B 2.42B 2.42B 2.42B
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.76 $1.22 $0.70 $1.17 $0.21
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 2.42B 2.42B 2.42B 2.42B 2.42B
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 2.42B 2.42B 2.42B 2.42B 2.42B
Normalized Net Operating Profit after Tax (NOPAT)
436 897 495 642 418 681 623
Normalized NOPAT Margin
9.97% 20.75% 14.90% 19.82% 10.27% 13.85% 15.15%
Pre Tax Income Margin
11.07% 26.10% 11.54% 17.18% -7.99% -13.36% -14.23%
Debt Service Ratios
- - - - - - -
EBIT to Interest Expense
2.54 3.21 2.25 2.15 1.15 1.70 1.98
NOPAT to Interest Expense
3.44 2.56 2.07 2.05 0.80 1.19 1.37
EBIT Less CapEx to Interest Expense
-1.49 3.21 2.25 2.15 1.15 1.70 1.98
NOPAT Less CapEx to Interest Expense
-0.59 2.56 2.07 2.05 0.80 1.19 1.37
Payout Ratios
- - - - - - -
Dividend Payout Ratio
23.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
23.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics and Ratios for TIM

No quarterly metrics and ratios for TIM are available.


Frequently Asked Questions About TIM's Financials

When does TIM's financial year end?

According to the most recent income statement we have on file, TIM's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has TIM's net income changed over the last 6 years?

TIM's net income appears to be on a downward trend, with a most recent value of $510.01 million in 2024, falling from $655.89 million in 2018. The previous period was $584.78 million in 2023.

What is TIM's operating income?
TIM's total operating income in 2024 was $890.47 million, based on the following breakdown:
  • Total Gross Profit: $2.19 billion
  • Total Operating Expenses: $1.30 billion
How has TIM revenue changed over the last 6 years?

Over the last 6 years, TIM's total revenue changed from $4.38 billion in 2018 to $4.12 billion in 2024, a change of -6.0%.

How much debt does TIM have?

TIM's total liabilities were at $4.84 billion at the end of 2024, a 19.7% decrease from 2023, and a 8.5% increase since 2019.

How much cash does TIM have?

In the past 5 years, TIM's cash and equivalents has ranged from $482.16 million in 2022 to $937.88 million in 2021, and is currently $526.96 million as of their latest financial filing in 2024.

How has TIM's book value per share changed over the last 6 years?

Over the last 6 years, TIM's book value per share changed from 0.00 in 2018 to 2.66 in 2024, a change of 266.4%.

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This page (NYSE:TIMB) was last updated on 4/17/2025 by MarketBeat.com Staff
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