TotalEnergies SE revealed on Wednesday that its net income in the fourth quarter of the fiscal year 2024 decreased by 21% on an annual basis to reach $4.0 billion.
The company's adjusted fully diluted earnings per share (EPS) fell by 12% compared to the same period the year before to land at $1.90 per share. Meanwhile, TotalEnergies reported an annual decrease of 10% in its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), which came in at $10.5 billion. Additionally, the company announced a proposal of a "dividend for fiscal year 2024 of €3.22/share, a 7% increase compared to the ordinary dividend for fiscal year 2023.
"During the fourth quarter, TotalEnergies leveraged its multi-energy integrated model, benefiting notably from strong performance in Integrated LNG and Integrated Power," Chief Executive (CEO) Patrick Pouyannee said.