Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Periods / Units / Analysis

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Ticker

Industry

Sector

Page: Company Financials

MetLife, Inc.

Ticker: 0K0X.L | Industry: Insurance - Diversified | Sector: Financial Services
$75.21 -0.79 (-1.04%)
As of: 2026-01-23

Master Data Export

Enterprise Value

Metric MRQ MRQ-1 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Stock Price 81.40 80.37 80.50 76.87 61.27 66.96 61.28 38.09 47.87 45.92 53.40 53.40 53.40 53.40 53.40
Market Capitalization 54,106.58M 53,912.20M 55,629.77M 54,682.02M 46,241.04M 53,791.69M 52,702.11M 35,330.68M 45,073.68M 46,593.34M 57,617.45M 58,702.44M 60,229.67M 60,988.90M 59,520.34M
(-) Cash & Equivalents 20,233.00M 22,178.00M 21,245.67M 20,614.75M 17,356.00M 21,607.75M 20,918.75M 23,145.75M 17,247.75M 14,637.50M 15,113.50M 14,722.75M 9,792.25M 8,889.25M 9,532.00M
(+) Total Debt 19,832.00M 20,344.00M 22,295.67M 21,185.75M 19,034.75M 18,284.50M 33,397.75M 76,121.00M 69,514.00M 65,396.50M 39,187.25M 35,614.50M 40,969.50M 36,875.00M 29,682.75M
Enterprise Value 53,705.58M 52,078.20M 56,679.77M 55,253.02M 47,919.79M 50,468.44M 65,181.11M 88,305.93M 97,339.93M 97,352.34M 81,691.20M 79,594.19M 91,406.92M 88,974.65M 79,671.09M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
Revenue 71,456M 71,348M 70,986M 66,901M 68,770M 69,680M 67,842M 69,620M 67,941M 62,308M 60,787M 61,257M 73,265M 69,396M 68,571M
Cost of Revenue 32,610M 0M 0M -4M -1,128M -1,400M 0M 0M 0M 0M 55M 0M 0M 0M 0M
Gross Profit 38,846M 71,348M 70,986M 66,905M 69,898M 71,080M 67,842M 69,620M 67,941M 62,308M 60,732M 61,257M 73,265M 69,396M 68,571M
Gross Profit Margin 54.4% 100.0% 100.0% 100.0% 101.6% 102.0% 100.0% 100.0% 100.0% 100.0% 99.9% 100.0% 100.0% 100.0% 100.0%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 1,529M 6,012M 0M 4M 0M 0M 0M 0M 0M 0M 0M 0M 361M 376M 422M
Operating Expenses 1,727M 22,323M 0M 4M 10,921M 11,666M 0M 12,734M 12,592M 12,492M 12,592M 54,524M 63,296M 64,090M 65,775M
Operating Income (EBIT) 37,119M 49,025M 70,986M 66,901M 58,977M 59,414M 67,842M 56,886M 55,349M 49,816M 48,140M 6,733M 9,969M 5,306M 2,796M
Operating Income Margin 51.9% 68.7% 100.0% 100.0% 85.8% 85.3% 100.0% 81.7% 81.5% 80.0% 79.2% 11.0% 13.6% 7.6% 4.1%
Interest Income 0M 269M 0M 0M 938M 920M 913M 955M 1,122M 1,129M 1,102M 1,082M 1,165M 1,254M 1,354M
Interest Expense 1,057M 1,047M 1,037M 1,045M 938M 920M 913M 955M 0M 0M 0M 0M 0M 0M 0M
Net Interest Income -1,057M -778M -1,037M -1,045M 0M 0M 0M 0M 1,122M 1,129M 1,102M 1,082M 1,165M 1,254M 1,354M
Unusual Items -31,137M -43,065M -64,327M -63,694M -52,613M -51,288M -60,915M -50,091M -50,164M -47,409M -44,961M -2,164M -2,330M -2,508M -2,708M
EBT Excluding Unusual Items 36,062M 48,247M 69,949M 65,856M 58,977M 59,414M 67,842M 56,886M 56,471M 50,945M 49,242M 7,815M 11,134M 6,560M 4,150M
Pre-Tax Income 4,925M 5,182M 5,622M 2,162M 6,364M 8,126M 6,927M 6,795M 6,307M 3,536M 4,281M 5,651M 8,804M 4,052M 1,442M
Pre-Tax Margin 6.9% 7.3% 7.9% 3.2% 9.3% 11.7% 10.2% 9.8% 9.3% 5.7% 7.0% 9.2% 12.0% 5.8% 2.1%
Income Tax Expense 1,063M 1,399M 1,178M 560M 1,062M 1,551M 1,509M 886M 1,179M -1,470M 693M 1,590M 2,465M 661M 128M
Net Income 3,841M 3,762M 4,426M 1,578M 5,284M 6,554M 5,407M 5,899M 5,123M 4,010M 850M 3,891M 6,190M 3,244M 1,154M
Net Income Margin 5.4% 5.3% 6.2% 2.4% 7.7% 9.4% 8.0% 8.5% 7.5% 6.4% 1.4% 6.4% 8.4% 4.7% 1.7%
Depreciation & Amortization 0M -2,586M 0M -3,201M 673M 694M 619M 630M 628M 795M 652M -6,796M -10,058M -6,799M -5,553M
EBITDA 37,119M 46,439M 70,986M 63,700M 59,650M 60,108M 68,461M 57,516M 55,977M 50,611M 48,792M -63M -89M -1,493M -2,757M
EBITDA Margin 51.9% 65.1% 100.0% 95.2% 86.7% 86.3% 100.9% 82.6% 82.4% 81.2% 80.3% -0.1% -0.1% -2.2% -4.0%
NOPAT 29,107M 35,790M 56,112M 49,572M 49,135M 48,074M 53,063M 49,469M 45,002M 70,526M 40,347M 4,839M 7,178M 4,440M 2,548M
NOPAT Margin 40.7% 50.2% 79.0% 74.1% 71.4% 69.0% 78.2% 71.1% 66.2% 113.2% 66.4% 7.9% 9.8% 6.4% 3.7%
Owner's Earnings 3,841M 1,176M 4,426M -1,623M 5,957M 7,248M 6,026M 6,529M 5,751M 4,805M 1,502M -2,905M -3,868M -3,555M -4,399M
Owner's Earnings Margin 5.4% 1.6% 6.2% -2.4% 8.7% 10.4% 8.9% 9.4% 8.5% 7.7% 2.5% -4.7% -5.3% -5.1% -6.4%
EPS (Basic) 5.36 5.00 5.98 1.82 6.35 7.36 5.72 6.10 5.09 3.75 0.77 3.44 5.42 2.91 1.08
EPS (Diluted) 5.63 5.21 6.22 2.07 6.53 7.54 5.92 6.25 5.05 3.72 0.77 3.45 5.42 2.91 1.07
Shares (Basic) 691M 723M 706M 758M 803M 863M 908M 938M 1,006M 1,070M 1,101M 1,131M 1,142M 1,115M 1,071M
Shares (Diluted) 682M 723M 711M 762M 809M 869M 913M 944M 1,014M 1,079M 1,109M 1,128M 1,143M 1,116M 1,077M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
Cash & Cash Equivalents 20,233.00M 22,178.00M 20,068.00M 20,639.00M 20,195.00M 20,047.00M 19,795.00M 16,598.00M 15,821.00M 12,701.00M 12,651.00M 12,752.00M 10,808.00M 7,585.00M 15,738.00M
Short-Term Investments 94,536.00M -22,178.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 114,769.00M 0.00M 20,068.00M 20,639.00M 20,195.00M 20,047.00M 19,795.00M 16,598.00M 15,821.00M 12,701.00M 12,651.00M 12,752.00M 10,808.00M 7,585.00M 15,738.00M
Net Receivables 41,410.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Assets -156,179.00M 0.00M 0.00M 0.00M 33,918.00M 35,317.00M 40,097.00M 45,776.00M 55,718.00M 50,955.00M 37,947.00M 0.00M 0.00M 0.00M 0.00M
Total Current Assets 0.00M 0.00M 20,068.00M 20,639.00M 54,113.00M 55,364.00M 59,892.00M 62,374.00M 71,539.00M 63,656.00M 50,598.00M 12,752.00M 10,808.00M 7,585.00M 15,738.00M
Property, Plant & Equipment 1,622.00M 0.00M 0.00M 3,561.00M 3,461.00M 2,700.00M 2,800.00M 2,700.00M 2,600.00M 2,600.00M 2,400.00M 900.00M 1,000.00M 1,000.00M 1,200.00M
Goodwill 9,095.00M 9,142.00M 8,901.00M 9,236.00M 9,297.00M 9,535.00M 10,112.00M 9,308.00M 9,422.00M 9,590.00M 9,220.00M 9,477.00M 9,872.00M 10,542.00M 9,953.00M
Intangible Assets 0.00M 0.00M 20,337.00M 20,945.00M 20,529.00M 18,333.00M 18,688.00M 19,068.00M 20,179.00M 19,678.00M 18,799.00M 25,549.00M 25,889.00M 28,281.00M 26,437.00M
Long-Term Investments 340,714.00M 0.00M 0.00M 32,252.00M 33,723.00M 32,511.00M 29,249.00M 25,922.00M 24,010.00M 22,971.00M 24,439.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 0.00M 2,925.00M 2,994.00M 0.00M 2,439.00M 189.00M 642,025.00M 595,317.00M 4,992.00M 589,388.00M 6,400.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets -351,431.00M -12,067.00M 645,494.00M 552,479.00M 539,510.00M 641,076.00M 32,380.00M 25,774.00M 575,609.00M 24,710.00M 799,559.00M 829,255.00M 854,768.00M 837,888.00M -37,590.00M
Other Assets 719,726.00M 702,470.00M 0.00M 48,472.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 783,453.00M
Total Non-Current Assets 719,726.00M 702,470.00M 677,726.00M 666,945.00M 608,959.00M 704,344.00M 735,254.00M 678,089.00M 636,812.00M 668,937.00M 860,817.00M 865,181.00M 891,529.00M 877,711.00M 783,453.00M
Total Assets 719,726.00M 702,470.00M 697,794.00M 687,584.00M 663,072.00M 759,708.00M 795,146.00M 740,463.00M 708,351.00M 732,593.00M 911,415.00M 877,933.00M 902,337.00M 885,296.00M 799,191.00M
Accounts Payable 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Short-Term Debt 378.00M 379.00M 465.00M 119.00M 175.00M 341.00M 393.00M 235.00M 268.00M 477.00M 242.00M 0.00M 0.00M 0.00M 0.00M
Tax Payables 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 129.00M 363.00M 441.00M 311.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities -747.00M -379.00M 17,157.00M 17,427.00M 20,952.00M 31,935.00M 29,475.00M 26,745.00M 24,794.00M -788.00M -242.00M 0.00M 0.00M 0.00M 0.00M
Total Current Liabilities -369.00M 0.00M 17,622.00M 17,546.00M 21,127.00M 32,276.00M 29,997.00M 27,343.00M 25,503.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Debt 19,454.00M 19,965.00M 18,726.00M 44,514.00M 18,521.00M 17,855.00M 77,095.00M 17,609.00M 17,036.00M 19,951.00M 20,884.00M 75,047.00M 75,368.00M 41,014.00M 26,450.00M
Capital Lease Obligations 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 574.00M 430.00M 132.00M 927.00M 950.00M 9,693.00M 0.00M 9,097.00M 10,406.00M 6,767.00M 6,892.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities -20,028.00M -20,395.00M 607,234.00M -20,273.00M 0.00M 0.00M 0.00M 0.00M 586,627.00M 607,793.00M 777,171.00M 0.00M 0.00M 0.00M 15,367.00M
Total Non-Current Liabilities 0.00M 0.00M 626,092.00M 25,168.00M 19,471.00M 27,548.00M 77,095.00M 26,706.00M 614,069.00M 634,511.00M 804,947.00M 75,047.00M 75,368.00M 41,014.00M 41,817.00M
Total Liabilities -369.00M 0.00M 643,714.00M 42,714.00M 40,598.00M 59,824.00M 107,092.00M 54,049.00M 639,572.00M 634,511.00M 804,947.00M 75,047.00M 75,368.00M 41,014.00M 41,817.00M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1.00M 1.00M 1.00M
Common Stock 12.00M 12.00M 12.00M 12.00M 12.00M 12.00M 12.00M 12.00M 12.00M 12.00M 12.00M 12.00M 12.00M 11.00M 11.00M
Retained Earnings 43,887.00M 43,447.00M 42,626.00M 40,146.00M 40,332.00M 41,197.00M 36,491.00M 33,078.00M 28,926.00M 26,527.00M 34,683.00M 35,519.00M 32,020.00M 27,332.00M 25,205.00M
Accumulated OCI -17,566.00M -19,859.00M -21,186.00M -19,242.00M -22,621.00M 10,919.00M 18,072.00M 13,052.00M 1,722.00M 7,427.00M 5,366.00M 4,771.00M 10,649.00M 5,104.00M 0.00M
Minority Interest 247.00M 242.00M 258.00M 238.00M 244.00M 267.00M 259.00M 238.00M 217.00M 194.00M 171.00M 547.00M 606.00M 1,430.00M 505.00M
Total Shareholders’ Equity 26,333.00M 23,600.00M 21,452.00M 20,916.00M 17,723.00M 52,128.00M 54,575.00M 46,142.00M 30,660.00M 33,966.00M 40,061.00M 40,302.00M 42,682.00M 32,448.00M 25,217.00M
Total Equity 26,580.00M 23,842.00M 21,710.00M 21,154.00M 17,967.00M 52,395.00M 54,834.00M 46,380.00M 30,877.00M 34,160.00M 40,232.00M 40,849.00M 43,288.00M 33,878.00M 25,722.00M
Total Liabilities & Equity 26,211.00M 23,842.00M 665,424.00M 63,868.00M 58,565.00M 112,219.00M 161,926.00M 100,429.00M 670,449.00M 668,671.00M 845,179.00M 115,896.00M 118,656.00M 74,892.00M 67,539.00M
Tangible Assets 710,631.00M 693,328.00M 668,556.00M 657,403.00M 633,246.00M 731,840.00M 766,346.00M 712,087.00M 678,750.00M 703,325.00M 883,396.00M 842,907.00M 866,576.00M 846,473.00M 762,801.00M
Tangible Equity 17,485.00M 14,700.00M -7,528.00M -9,027.00M -11,859.00M 24,527.00M 26,034.00M 18,004.00M 1,276.00M 4,892.00M 12,213.00M 5,823.00M 7,527.00M -4,945.00M -10,668.00M
Tangible Book Value 17,485.00M 14,700.00M -7,528.00M -9,027.00M -11,859.00M 24,527.00M 26,034.00M 18,004.00M 1,276.00M 4,892.00M 12,213.00M 5,823.00M 7,527.00M -4,945.00M -10,668.00M
Total Investments 457,776.00M 0.00M 0.00M 32,252.00M 33,723.00M 32,511.00M 29,249.00M 25,922.00M 24,010.00M 22,971.00M 24,439.00M 0.00M 0.00M 0.00M 0.00M
Net Debt -401.00M -1,834.00M -877.00M 23,994.00M -1,499.00M -1,851.00M 57,693.00M 1,246.00M 1,483.00M 7,727.00M 8,475.00M 62,295.00M 64,560.00M 33,429.00M 10,712.00M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
Working Capital 0.0M 0.0M 2,446.0M 3,063.0M 32,986.0M 23,088.0M 29,895.0M 35,031.0M 30,215.0M 24,444.0M 11,832.0M 12,752.0M 10,808.0M 7,585.0M 15,501.0M
Total Capital 48,776.0M 48,029.0M 46,636.0M 74,529.0M 48,577.0M 85,678.0M 93,552.0M 83,988.0M 70,045.0M 79,104.0M 88,657.0M 142,996.0M 147,421.0M 102,567.0M 64,453.0M
Capital Employed 719,726.0M 702,470.0M 659,835.0M 670,008.0M 641,945.0M 727,432.0M 765,149.0M 713,120.0M 667,027.0M 693,381.0M 872,649.0M 877,933.0M 902,337.0M 885,296.0M 836,544.0M
Invested Capital 28,543.0M 25,851.0M 26,568.0M 53,890.0M 28,382.0M 65,631.0M 73,757.0M 67,390.0M 54,224.0M 66,403.0M 76,006.0M 130,244.0M 136,613.0M 94,982.0M 48,715.0M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
Net Income 2,945.00M 3,762.00M 4,426.00M 1,578.00M 5,284.00M 6,855.00M 5,407.00M 5,899.00M 5,123.00M 4,996.00M 3,584.00M 5,373.00M 6,309.00M 3,368.00M 1,324.00M
Depreciation & Amortization 29.00M 693.00M 0.00M 718.00M 673.00M 694.00M 619.00M 630.00M 628.00M 795.00M 652.00M 481.00M 501.00M 498.00M 375.00M
Deferred Income Tax 0.00M 1,147.00M 0.00M 0.00M -440.00M -562.00M 0.00M 364.00M 1,723.00M 863.00M 2,011.00M 694.00M 458.00M 407.00M -59.00M
Stock-Based Compensation 0.00M 171.00M 0.00M 171.00M 184.00M 173.00M 127.00M 150.00M 86.00M 128.00M 147.00M 137.00M 192.00M 175.00M 168.00M
Change in Working Capital 1,850.00M 2,625.00M 2,512.00M 2,625.00M 1,901.00M 2,635.00M 4,864.00M 7,564.00M 5,992.00M 6,045.00M 7,722.00M 10,911.00M 10,257.00M 7,403.00M -109.00M
Accounts Receivable 460.00M -1,952.00M 460.00M -1,952.00M 299.00M 362.00M 842.00M -514.00M -1,809.00M -991.00M -2,158.00M -831.00M -650.00M -582.00M -109.00M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 1,390.00M 4,577.00M 2,512.00M 4,577.00M 1,602.00M 2,273.00M 4,022.00M 7,706.00M 9,073.00M 9,396.00M 11,513.00M 11,742.00M 10,907.00M 7,985.00M 0.00M
Other Non-Cash Items 10,321.00M 7,310.00M 8,178.00M 8,629.00M 3,771.00M 3,032.00M 491.00M -682.00M -961.00M 2,473.00M 4,009.00M -2,850.00M -883.00M 4,687.00M 15,461.00M
Net Cash from Operating Activities 15,145.00M 15,708.00M 15,116.00M 13,721.00M 11,373.00M 12,827.00M 11,508.00M 13,925.00M 9,526.00M 12,719.00M 14,663.00M 14,052.00M 16,376.00M 16,131.00M 17,160.00M
Capital Expenditures (PPE) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Acquisitions (Net) -322.00M 0.00M 0.00M 0.00M 590.00M 3,270.00M -1,684.00M -32.00M 0.00M -211.00M 156.00M 0.00M 0.00M -1,840.00M 0.00M
Purchases of Investments -73,542.00M -81,749.00M -89,475.00M -90,100.00M -117,272.00M -120,666.00M -93,585.00M -91,788.00M -108,160.00M -109,706.00M -171,554.00M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments 60,633.00M 77,717.00M 79,848.00M 82,514.00M 117,394.00M 110,792.00M 79,063.00M 80,014.00M 110,131.00M 101,519.00M 168,709.00M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities -3,454.00M -1,521.00M -1,866.00M -2,660.00M -3,332.00M -4,583.00M -2,363.00M -5,780.00M -7,605.00M -8,478.00M -3,161.00M -10,398.00M -15,055.00M -13,325.00M -11,929.00M
Net Cash from Investing Activities -16,685.00M -5,553.00M -11,493.00M -10,246.00M -2,620.00M -11,187.00M -18,569.00M -17,586.00M -5,634.00M -16,876.00M -5,850.00M -10,398.00M -15,055.00M -15,165.00M -11,929.00M
Net Debt Issuance 322.00M -651.00M -982.00M 712.00M 878.00M -632.00M 877.00M 409.00M -1,908.00M -367.00M -1,347.00M 2,398.00M -1,862.00M -374.00M -1,538.00M
Long-Term Debt Issuance 637.00M -547.00M -385.00M 712.00M 878.00M -632.00M 877.00M 409.00M -1,908.00M -367.00M -1,347.00M 2,398.00M -1,862.00M -374.00M -952.00M
Short-Term Debt Issuance -315.00M -104.00M -597.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -586.00M
Net Stock Issuance -2,829.00M -3,660.00M -3,207.00M -3,103.00M -3,326.00M -4,803.00M -1,151.00M -2,285.00M -2,718.00M -2,927.00M -372.00M -1,930.00M -1,000.00M 0.00M 1,000.00M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1,961.00M 0.00M 1,274.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1,000.00M
Common Stock Repurchased -2,829.00M -3,660.00M -3,207.00M -3,103.00M -3,326.00M -4,803.00M -2,154.00M -2,285.00M -3,992.00M -2,927.00M -372.00M -3,432.00M -1,000.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -1,707.00M -1,736.00M -1,727.00M -1,764.00M -1,783.00M -1,842.00M -1,859.00M -1,821.00M -1,819.00M -1,820.00M -1,839.00M -1,769.00M -1,621.00M -1,241.00M -933.00M
Common Dividends Paid -1,578.00M -1,669.00M -1,527.00M -1,566.00M -1,783.00M -1,842.00M -1,859.00M -1,821.00M -1,819.00M -1,820.00M -1,839.00M -1,769.00M -1,621.00M -1,241.00M -811.00M
Preferred Dividends Paid -129.00M -67.00M -200.00M -198.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -122.00M
Other Financing Activities 4,856.00M 3,259.00M 2,785.00M 1,215.00M -5,717.00M 5,902.00M 12,862.00M 8,265.00M 3,644.00M 4,208.00M 61.00M 83.00M 6,739.00M -7,292.00M 1,506.00M
Net Cash from Financing Activities 642.00M -2,788.00M -3,131.00M -2,940.00M -9,948.00M -1,375.00M 10,729.00M 4,568.00M -2,801.00M -906.00M -3,497.00M -1,218.00M 2,256.00M -8,907.00M 35.00M
Effect of FX on Cash -634.00M -514.00M -1,063.00M -91.00M 1,343.00M -13.00M -471.00M 9.00M -183.00M 323.00M -302.00M -492.00M -354.00M -212.00M 11.00M
Net Change in Cash -1,532.00M 6,853.00M -571.00M 444.00M 148.00M 252.00M 3,197.00M 777.00M 3,120.00M 50.00M -101.00M 1,944.00M 3,223.00M -8,153.00M 5,277.00M
Cash at Beginning of Period 85,337.00M 76,177.00M 20,639.00M 20,195.00M 20,047.00M 19,795.00M 16,598.00M 15,821.00M 12,701.00M 12,651.00M 12,752.00M 10,808.00M 7,585.00M 15,738.00M 10,461.00M
Cash at End of Period 83,805.00M 83,030.00M 20,068.00M 20,639.00M 20,195.00M 20,047.00M 19,795.00M 16,598.00M 15,821.00M 12,701.00M 12,651.00M 12,752.00M 10,808.00M 7,585.00M 15,738.00M
Operating Cash Flow 15,145.00M 15,708.00M 15,116.00M 13,721.00M 11,373.00M 12,827.00M 11,508.00M 13,925.00M 9,526.00M 12,719.00M 14,663.00M 14,052.00M 16,376.00M 16,131.00M 17,160.00M
Capital Expenditure 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Free Cash Flow 15,145.00M 15,708.00M 15,116.00M 13,721.00M 11,373.00M 12,827.00M 11,508.00M 13,925.00M 9,526.00M 12,719.00M 14,663.00M 14,052.00M 16,376.00M 16,131.00M 17,160.00M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
EBITDA 37,317.00M 62,750.00M 70,986.00M 63,700.00M 70,571.00M 71,774.00M 68,461.00M 70,250.00M 68,569.00M 63,103.00M 61,384.00M 54,461.00M 62,846.00M 62,221.00M 62,596.00M
(-) Tax Adjustment 8,054.41M 16,940.80M 14,873.98M 16,499.54M 11,776.62M 13,699.42M 14,913.76M 9,159.90M 12,817.96M 0.00M 9,936.72M 15,323.48M 17,596.02M 10,150.07M 5,556.37M
(-) Change In Working Capital 1,850.00M 2,625.00M 2,512.00M 2,625.00M 1,901.00M 2,635.00M 4,864.00M 7,564.00M 5,992.00M 6,045.00M 7,722.00M 10,911.00M 10,257.00M 7,403.00M -109.00M
(-) Capital Expenditure 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Unlevered Free Cash Flow 27,412.59M 43,184.20M 53,600.02M 44,575.46M 56,893.38M 55,439.58M 48,683.24M 53,526.10M 49,759.04M 57,058.00M 43,725.28M 28,226.52M 34,992.98M 44,667.93M 57,148.63M
(-) Net Interest Income After Taxes -828.86M -567.96M -819.71M -774.32M 0.00M 0.00M 0.00M 0.00M 912.26M 1,129.00M 923.61M 777.56M 838.82M 1,049.44M 1,233.81M
Net Debt Issuance 322.00M -651.00M -982.00M 712.00M 878.00M -632.00M 877.00M 409.00M -1,908.00M -367.00M -1,347.00M 2,398.00M -1,862.00M -374.00M -1,538.00M
Levered Free Cash Flow 28,563.45M 43,101.16M 53,437.73M 46,061.79M 57,771.38M 54,807.58M 49,560.24M 53,935.10M 46,938.78M 55,562.00M 41,454.67M 29,846.96M 32,292.16M 43,244.49M 54,376.82M