Their revenue minus expenses is usually low single digit billions, and they had a $12B loss in 2020.
They are earning less than $5B per year for many, many years, and already have a $12B loss to deal with from a couple years ago, there is no way to conclude that a multi billion dollar penalty is a “cost of doing business”.
This is also evident in their market cap graph, showing Bayer’s owners have lost a ton of money over the past 10+ years, especially considering the rocketship a risk less broad market index fund was during the same period.
Net income is profit.
https://www.macrotrends.net/stocks/charts/BAYRY/bayer/net-in...
Their revenue minus expenses is usually low single digit billions, and they had a $12B loss in 2020.
They are earning less than $5B per year for many, many years, and already have a $12B loss to deal with from a couple years ago, there is no way to conclude that a multi billion dollar penalty is a “cost of doing business”.
This is also evident in their market cap graph, showing Bayer’s owners have lost a ton of money over the past 10+ years, especially considering the rocketship a risk less broad market index fund was during the same period.
https://companiesmarketcap.com/bayer/marketcap/