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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

Unilever PLC (UL) Quarterly Financial Ratios

Last 23 quarters of trend data · Consumer Defensive · Household & Personal Products

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Unilever PLC's quarterly P/E stands at 10.8x, up 15.7% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 16.3% YoY to 7.3x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ2 '25Q4 '24Q2 '24Q4 '23Q2 '23Q4 '22Q2 '22Q4 '21Q2 '21Q4 '20Q2 '20Q4 '19
P/E Ratio →21.8510.7717.299.3510.459.316.7710.1411.9012.2917.3410.9814.29
—+15.7%+155.4%-7.8%-12.2%-24.3%-61.0%-7.6%-16.7%-9.6%+217.4%-11.8%+9.5%
P/S Ratio1.801.261.201.111.051.091.060.991.311.491.591.401.45
—+15.5%+13.4%+11.8%-19.7%-27.1%-33.5%-29.2%-10.0%-4.3%+12.9%-2.4%-1.9%
P/B Ratio5.567.596.296.005.916.035.925.147.067.909.007.9110.82
—+25.8%+6.2%+16.6%-16.4%-23.6%-34.2%-35.0%-34.7%-35.0%-20.2%-35.7%+1.1%
P/FCF14.0523.857.0512.576.0011.459.5411.978.2914.467.8111.617.57
—+108.3%-26.1%+5.0%-27.6%-20.8%+22.2%+3.2%+9.4%-34.8%-14.5%-32.7%-16.0%
EV / EBITDA12.007.329.436.118.266.305.896.849.158.3711.477.439.98
—+16.3%+60.1%-10.7%-9.7%-24.8%-48.7%-7.9%-8.3%-0.9%+139.6%-7.0%+1.3%
EV / EBIT14.247.888.126.737.647.488.357.218.659.1310.518.288.93
—+5.3%-2.8%-6.7%-11.7%-18.0%-20.5%-12.9%-3.1%-2.1%+18.1%-7.3%-21.1%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Unilever PLC's operating margin was 17.6% in Q2 2025, up 6.0 pp QoQ and down 0.5 pp YoY. The trailing four-quarter average of 15.7% lags the current quarter, suggesting the recent improvement is above-trend.

Margins

MetricTTMQ2 '25Q4 '24Q2 '24Q4 '23Q2 '23Q4 '22Q2 '22Q4 '21Q2 '21Q4 '20Q2 '20Q4 '19
Gross Margin100.0%100.0%100.0%100.0%-18.0%100.0%-17.9%100.0%-13.5%100.0%-14.7%100.0%-12.6%
—0.0%+658.1%0.0%-33.1%0.0%-22.0%0.0%-7.7%0.0%+11.2%0.0%+28.3%
Operating Margin15.5%17.6%11.6%19.1%14.5%18.1%20.5%15.2%16.0%17.2%14.5%18.2%15.9%
—-2.7%-43.3%+25.8%-9.4%+5.6%+41.5%-16.4%+0.7%-2.3%-55.9%+5.7%+3.3%
Net Margin9.5%11.7%6.9%11.9%10.1%11.7%15.6%9.8%11.0%12.1%9.2%12.8%10.1%
—-0.0%-55.7%+21.3%-8.3%-3.6%+69.4%-23.2%+8.4%+5.2%-64.3%+11.0%-10.5%

Return on Capital

MetricTTMQ2 '25Q4 '24Q2 '24Q4 '23Q2 '23Q4 '22Q2 '22Q4 '21Q2 '21Q4 '20Q2 '20Q4 '19
ROE26.5%16.5%9.0%16.9%13.8%16.3%21.3%13.6%14.9%16.8%12.8%20.5%19.2%
—+1.6%-57.8%+24.0%-7.8%-3.3%+66.0%-33.3%-22.2%-28.1%-75.2%-9.9%+1.8%
ROA7.4%4.5%2.6%4.8%3.8%4.5%5.8%3.6%4.0%4.5%3.3%4.9%4.0%
—-0.7%-56.0%+31.5%-4.8%+0.6%+74.9%-25.3%-0.7%-6.9%-67.8%-1.0%-18.6%
ROIC15.3%8.4%5.4%9.4%6.9%8.9%9.7%6.9%7.2%8.1%6.7%8.7%8.1%
—-4.9%-44.6%+35.7%-5.0%+9.0%+43.6%-20.8%-10.7%-15.2%-60.6%-4.5%-9.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Unilever PLC's Debt/EBITDA ratio is 5.2x, down from 6.9x last quarter — elevated, raising questions about debt serviceability.

MetricTTMQ2 '25Q4 '24Q2 '24Q4 '23Q2 '23Q4 '22Q2 '22Q4 '21Q2 '21Q4 '20Q2 '20Q4 '19
Debt / Equity1.361.611.361.371.381.401.311.481.501.421.521.582.03
—+14.9%+3.7%-7.4%-8.3%-1.2%-13.6%-6.1%-26.2%-34.6%-23.4%-34.4%+22.8%
Debt / EBITDA2.755.246.944.706.394.894.396.366.555.216.825.096.47
—+7.1%+58.3%-26.1%-2.6%-6.1%-35.6%+24.9%+1.3%-0.2%+133.7%-4.8%+21.1%
Current Ratio0.760.760.760.770.760.790.750.800.700.730.780.860.78
—-3.8%+1.0%-3.5%+8.4%+8.6%-4.0%-6.3%-10.3%-9.5%+0.2%+12.1%+6.9%
Quick Ratio0.560.550.560.560.540.570.520.600.510.530.570.630.58
—-4.9%+6.8%-6.6%+5.9%+7.9%-8.4%-5.7%-12.2%-12.4%+0.4%+5.7%+4.1%
Interest Coverage8.4114.1012.8315.13—————————
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 23 years · Updated daily

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UL — Frequently Asked Questions

Quick answers to the most common questions about buying UL stock.

What is Unilever PLC's quarterly P/E ratio trend?

Unilever PLC's current P/E is 21.9x. The average P/E over the last 4 quarters is 12.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Unilever PLC's margins change by quarter?

Unilever PLC's current operating margin is 15.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at UL quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Unilever PLC's business trajectory between earnings reports.

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