Wendel annual operating expenses
2020
2021
2022
2023
2024
2025
Wendel Operating Expenses Growth & History (MF)
Wendel's operating expenses was €6.97B for fiscal 2025.
View full Wendel company overviewWendel annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €6.97B | €452.5M | +6.95% |
| 2024 | 2024-12-31 | €6.51B | €250.6M | +4.00% |
| 2023 | 2023-12-31 | €6.26B | €414.7M | +7.09% |
| 2022 | 2022-12-31 | €5.85B | −€859.5M | −12.81% |
| 2021 | 2021-12-31 | €6.71B | €350.6M | +5.51% |
| 2020 | 2020-12-31 | €6.36B | — | — |
Wendel operating expenses trends
Over the last five fiscal years, Wendel's operating expenses increased from €6.36B to €6.97B, a change of €608.9M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
reported and calculated operating expenses
TickerStat uses operating expenses reported in company official filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Wendel source filings ↗Community posts
Wendel grows asset-management fees as portfolio valuations recover
Wendel ($MF-EURONEXT) reported management fees and other revenue of €344 million in the first nine months of 2026, up 41.3% as reported and 10% at constant exchange rates and scope. The gap reflects acquisitions and longer consolidation per ...
