BASF expects to make €1,6 billion in profit in 2025.

BASF closed 2025 with a net profit of €1,619 billion. This figure exceeds the 2024 result by 24,7%. Free cash flow reached €1,3 billion. The company maintained its proposed dividend of €2,25 per share. The Agricultural Solutions segment recorded €9,6 billion in sales and €2,1 billion in EBITDA before special items, with a margin of 22%.

The group's earnings before interest, taxes, depreciation, and amortization (EBITDA) totaled €6,6 billion in 2025. This figure is down from €7,2 billion in 2024. Revenue totaled €59,7 billion, below the €61,4 billion of the previous year. Negative exchange rate effects pressured sales. The EBITDA margin before special items was 11,0%. In 2024, the index was 11,8%.

Cash flow from operating activities reached €5,6 billion. This amount was €1,3 billion lower than in 2024. The company reduced investments in fixed assets and intangibles from €6,2 billion to €4,3 billion. The decrease in investments increased free cash flow to €1,3 billion, compared to €748 million in 2024.

Net debt will fall to €18,3 billion by the end of 2025. BASF intends to direct resources from portfolio measures to reduce indebtedness in 2026. The company projects annual cost savings of €2,3 billion by the end of 2026. In December 2025, the global workforce totaled 108.251 employees, a 3,2% decrease compared to the previous year.

Agricultural Solutions

In the agricultural solutions segment, sales fell 2,2% year-on-year to €9,587 billion. EBITDA for the segment increased 16,1% to €1,925 billion. EBITDA before special items reached €2,081 billion, a 7,4% increase. The segment's cash flow was €1,505 billion.

In the fourth quarter, agricultural solutions saw a slight decline in sales. Higher volumes did not offset adverse exchange rate effects and slightly lower prices. In Europe, sales grew with higher volumes in herbicides. In North America, the result was close to that of 2024. In Asia and South America, Africa and the Middle East, sales declined due to exchange rates, prices and lower volumes, especially for insecticides and seeds.

The company has made progress in preparing for an initial public offering of its agricultural business. The company aims for IPO readiness in 2027. The listing is expected to take place on the Frankfurt Stock Exchange. In January, BASF announced an agreement to acquire AgBiTech, a biological insect control company operating in Brazil, the United States, and Australia.

Projection for 2026

For 2026, BASF projects EBITDA before special items between €6,2 billion and €7,0 billion. The company estimates free cash flow between €1,5 billion and €2,3 billion. In the agricultural segment, the company forecasts a slight decrease in EBITDA before special items and a considerable reduction in cash flow. The projection considers global GDP growth of 2,7% and chemical production of 2,4%.