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Definitive Analysis

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Page: Company Financials

Merck & Co., Inc.

Ticker: 0QAH.L | Industry: Drug Manufacturers - General | Sector: Healthcare
$108.08 -1.34 (-1.22%)
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 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Stock Price 83.93 79.16 84.28 117.98 108.44 92.57 75.76 76.05 81.81 62.72 59.10 55.26 51.64 54.99 44.90 39.65 33.07 34.61 29.29 32.80 48.75 37.46 29.13 37.39 50.57 49.74 63.63 73.14 68.12 64.29 46.81 33.31 25.43
Market Capitalization 209,657.14M 198,148.56M 211,216.41M 299,307.73M 275,658.11M 234,421.21M 191,691.28M 192,274.71M 209,384.84M 166,159.00M 160,963.60M 152,568.15M 145,087.73M 158,476.02M 132,363.62M 120,445.14M 101,477.27M 107,202.98M 61,784.06M 70,123.31M 105,849.58M 81,491.86M 64,004.39M 82,984.95M 113,154.06M 112,315.02M 145,595.00M 168,551.01M 160,198.04M 151,868.80M 112,327.47M 80,834.91M 62,420.79M
(-) Cash & Equivalents 18,169.00M 8,007.00M 11,601.67M 11,179.50M 7,703.25M 10,517.50M 8,417.00M 8,483.50M 8,070.00M 6,396.00M 8,371.75M 7,686.50M 7,743.50M 11,095.50M 14,456.25M 15,554.75M 12,955.25M 9,418.90M 12,400.65M 5,930.75M 4,028.95M 7,634.33M 4,202.63M 2,226.90M 1,814.10M 2,000.40M 2,011.13M 2,275.15M 2,046.45M 2,014.25M 1,432.63M 1,534.20M 1,909.68M
(+) Total Debt 41,374.00M 35,402.00M 37,206.67M 37,102.00M 34,696.00M 31,465.00M 29,711.50M 30,257.50M 27,254.75M 23,900.00M 26,191.50M 25,010.00M 27,466.25M 25,114.75M 25,154.00M 19,326.50M 17,953.50M 18,279.03M 10,991.60M 5,668.40M 6,091.23M 6,499.43M 7,463.00M 6,735.28M 9,110.60M 9,477.18M 8,785.48M 6,638.63M 4,622.65M 3,209.13M 2,114.70M 1,967.68M 1,524.43M
Enterprise Value 232,862.14M 225,543.56M 236,821.41M 325,230.23M 302,650.86M 255,368.71M 212,985.78M 214,048.71M 228,569.59M 183,663.00M 178,783.35M 169,891.65M 164,810.48M 172,495.27M 143,061.37M 124,216.89M 106,475.52M 116,063.11M 60,375.01M 69,860.96M 107,911.85M 80,356.96M 67,264.77M 87,493.33M 120,450.56M 119,791.80M 152,369.35M 172,914.48M 162,774.24M 153,063.67M 113,009.54M 81,268.38M 62,035.54M

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 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31 2001-12-31 2000-12-31 1999-12-31 1998-12-31 1997-12-31 1996-12-31 1995-12-31 1994-12-31 1993-12-31 1992-12-31 1991-12-31 1990-12-31 1989-12-31
Revenue 64,235M 63,174M 64,168M 60,115M 59,283M 48,704M 41,518M 39,121M 42,294M 40,122M 39,807M 39,498M 42,237M 44,033M 47,267M 48,047M 45,987M 27,428M 23,850M 24,198M 22,636M 22,012M 22,973M 22,486M 21,446M 21,199M 40,363M 32,714M 26,898M 23,637M 19,829M 16,681M 14,970M 10,498M 9,663M 8,603M 7,672M 6,551M
Cost of Revenue 13,928M 15,277M 15,193M 16,126M 17,411M 13,626M 13,618M 12,016M 13,509M 12,912M 14,030M 14,934M 16,768M 16,954M 16,446M 16,871M 18,396M 9,019M 5,583M 6,141M 6,001M 5,150M 4,966M 4,437M 3,907M 3,625M 21,166M 16,389M 13,175M 10,953M 8,588M 6,789M 5,281M 2,111M 1,775M 1,671M 1,524M 1,329M
Gross Profit 50,307M 47,897M 48,975M 43,989M 41,872M 35,078M 27,900M 27,105M 28,785M 27,210M 25,777M 24,564M 25,469M 27,079M 30,821M 31,176M 27,591M 18,409M 18,267M 18,057M 16,635M 16,862M 18,007M 18,049M 17,539M 17,574M 19,197M 16,325M 13,724M 12,684M 11,240M 9,892M 9,689M 8,387M 7,888M 6,932M 6,147M 5,222M
Gross Profit Margin 78.3% 75.8% 76.3% 73.2% 70.6% 72.0% 67.2% 69.3% 68.1% 67.8% 64.8% 62.2% 60.3% 61.5% 65.2% 64.9% 60.0% 67.1% 76.6% 74.6% 73.5% 76.6% 78.4% 80.3% 81.8% 82.9% 47.6% 49.9% 51.0% 53.7% 56.7% 59.3% 64.7% 79.9% 81.6% 80.6% 80.1% 79.7%
R&D Expenses 16,250M 22,981M 17,938M 30,531M 13,548M 12,245M 13,397M 9,724M 9,752M 10,339M 10,261M 6,704M 7,180M 7,503M 8,168M 8,467M 11,111M 5,845M 4,805M 4,883M 4,783M 3,848M 4,010M 3,280M 2,677M 2,456M 2,344M 2,068M 1,821M 1,684M 1,487M 1,331M 1,231M 1,173M 0M 0M 0M 0M
SG&A Expenses 10,491M 10,594M 10,100M 9,884M 9,669M 9,403M 8,569M 9,455M 10,102M 10,074M 10,017M 10,313M 11,606M 11,911M 12,776M 13,733M 13,125M 8,543M 7,377M 7,557M 8,165M 7,156M 7,239M 6,200M 5,652M 5,701M 6,168M 5,200M 4,511M 4,299M 3,841M 3,298M 3,178M 2,914M 4,075M 3,558M 3,242M 2,764M
Operating Expenses 26,914M 33,738M 28,754M 41,035M 23,590M 21,879M 22,352M 19,179M 19,854M 20,413M 20,278M 17,017M 18,786M 19,414M 20,944M 22,200M 24,236M 14,388M 12,182M 12,440M 12,948M 11,004M 11,249M 9,480M 8,449M 8,296M 10,108M 8,730M 7,348M 6,820M 6,256M 5,488M 5,284M 4,501M 4,396M 3,822M 3,496M 2,986M
Operating Income (EBIT) 23,393M 14,159M 20,221M 2,954M 18,282M 13,199M 5,548M 7,926M 8,931M 6,797M 5,499M 7,547M 6,683M 7,665M 9,877M 8,976M 3,355M 4,021M 6,085M 5,618M 3,687M 5,859M 6,758M 8,569M 9,089M 9,278M 9,089M 7,594M 6,376M 5,864M 4,985M 4,404M 4,405M 3,886M 3,492M 3,110M 2,651M 2,236M
Operating Income Margin 36.4% 22.4% 31.5% 4.9% 30.8% 27.1% 13.4% 20.3% 21.1% 16.9% 13.8% 19.1% 15.8% 17.4% 20.9% 18.7% 7.3% 14.7% 25.5% 23.2% 16.3% 26.6% 29.4% 38.1% 42.4% 43.8% 22.5% 23.2% 23.7% 24.8% 25.1% 26.4% 29.4% 37.0% 36.1% 36.1% 34.6% 34.1%
Interest Income 324M 339M 415M 365M 157M 36M 59M 274M 343M 385M 328M 289M 266M 264M 232M 199M 83M 210M 631M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Interest Expense 1,184M 1,253M 1,271M 1,146M 962M 806M 831M 893M 772M 754M 693M 672M 732M 801M 714M 749M 715M 458M 251M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Net Interest Income -860M -914M -856M -781M -805M -770M -772M -619M -429M -369M -365M -383M -466M -537M -482M -550M -632M -248M 380M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Unusual Items -716M 475M 571M -284M -1,033M 1,450M 1,087M -136M 199M 93M -475M -1,763M 11,066M -1,583M -656M -1,092M -1,070M 11,517M 3,466M -2,247M 2,535M 1,505M 1,245M 483M 562M 670M 735M 1,025M 1,757M 599M 556M 394M 10M -783M 72M 57M 47M 47M
EBT Excluding Unusual Items 22,533M 13,245M 19,365M 2,173M 17,477M 12,429M 4,776M 7,307M 8,502M 6,428M 5,134M 7,164M 6,217M 7,128M 9,395M 8,426M 2,723M 3,773M 6,465M 5,618M 3,687M 5,859M 6,758M 8,569M 9,089M 9,278M 9,089M 7,594M 6,376M 5,864M 4,985M 4,404M 4,405M 3,886M 3,492M 3,110M 2,651M 2,236M
Pre-Tax Income 21,817M 13,720M 19,936M 1,889M 16,444M 13,879M 5,863M 7,171M 8,701M 6,521M 4,659M 5,401M 17,283M 5,545M 8,739M 7,334M 1,653M 15,290M 9,931M 3,371M 6,221M 7,364M 8,003M 9,052M 9,652M 9,948M 9,824M 8,620M 8,133M 6,462M 5,541M 4,797M 4,415M 3,103M 3,564M 3,167M 2,699M 2,283M
Pre-Tax Margin 34.0% 21.7% 31.1% 3.1% 27.7% 28.5% 14.1% 18.3% 20.6% 16.3% 11.7% 13.7% 40.9% 12.6% 18.5% 15.3% 3.6% 55.7% 41.6% 13.9% 27.5% 33.5% 34.8% 40.3% 45.0% 46.9% 24.3% 26.3% 30.2% 27.3% 27.9% 28.8% 29.5% 29.6% 36.9% 36.8% 35.2% 34.9%
Income Tax Expense 2,773M 1,557M 2,803M 1,512M 1,918M 1,521M 1,340M 1,565M 2,508M 4,103M 718M 942M 5,349M 1,028M 2,440M 942M 671M 2,268M 1,999M 95M 1,788M 2,733M 2,173M 2,462M 2,857M 2,895M 3,002M 2,729M 2,885M 1,848M 1,660M 1,462M 1,418M 937M 1,117M 1,045M 918M 788M
Net Income 19,034M 12,148M 17,117M 365M 14,519M 13,049M 7,067M 9,843M 6,220M 2,394M 3,920M 4,442M 11,920M 4,404M 6,168M 6,272M 861M 12,899M 7,808M 3,275M 4,434M 4,631M 5,830M 6,831M 7,150M 7,282M 6,822M 5,891M 5,248M 4,614M 3,881M 3,335M 2,997M 2,166M 1,984M 2,122M 1,781M 1,495M
Net Income Margin 29.6% 19.2% 26.7% 0.6% 24.5% 26.8% 17.0% 25.2% 14.7% 6.0% 9.8% 11.2% 28.2% 10.0% 13.0% 13.1% 1.9% 47.0% 32.7% 13.5% 19.6% 21.0% 25.4% 30.4% 33.3% 34.3% 16.9% 18.0% 19.5% 19.5% 19.6% 20.0% 20.0% 20.6% 20.5% 24.7% 23.2% 22.8%
Depreciation & Amortization 4,569M 4,266M 4,499M 3,872M 3,909M 3,214M 3,486M 3,310M 4,519M 4,676M 5,471M 6,375M 6,691M 6,988M 6,978M 7,427M 7,381M 2,576M 1,631M 1,988M 2,268M 1,708M 1,451M 1,314M 1,231M 1,133M 1,277M 1,462M 1,015M 837M 927M 859M 876M 415M 321M 264M 254M 222M
EBITDA 27,962M 18,425M 24,720M 6,826M 22,191M 16,413M 9,034M 11,236M 13,450M 11,473M 10,970M 13,922M 13,374M 14,653M 16,855M 16,403M 10,736M 6,597M 7,716M 7,606M 5,955M 7,567M 8,209M 9,883M 10,321M 10,411M 10,366M 9,056M 7,391M 6,701M 5,912M 5,263M 5,281M 4,300M 3,813M 3,374M 2,905M 2,458M
EBITDA Margin 43.5% 29.2% 38.5% 11.4% 37.4% 33.7% 21.8% 28.7% 31.8% 28.6% 27.6% 35.2% 31.7% 33.3% 35.7% 34.1% 23.3% 24.1% 32.4% 31.4% 26.3% 34.4% 35.7% 44.0% 48.1% 49.1% 25.7% 27.7% 27.5% 28.3% 29.8% 31.5% 35.3% 41.0% 39.5% 39.2% 37.9% 37.5%
NOPAT 20,420M 12,552M 17,378M 590M 16,150M 11,753M 4,280M 6,196M 6,357M 2,520M 4,652M 6,231M 4,615M 6,244M 7,119M 7,823M 1,993M 3,425M 4,860M 5,459M 2,627M 3,685M 4,923M 6,238M 6,399M 6,578M 6,311M 5,190M 4,114M 4,187M 3,492M 3,062M 2,990M 2,713M 2,397M 2,084M 1,750M 1,465M
NOPAT Margin 31.8% 19.9% 27.1% 1.0% 27.2% 24.1% 10.3% 15.8% 15.0% 6.3% 11.7% 15.8% 10.9% 14.2% 15.1% 16.3% 4.3% 12.5% 20.4% 22.6% 11.6% 16.7% 21.4% 27.7% 29.8% 31.0% 15.6% 15.9% 15.3% 17.7% 17.6% 18.4% 20.0% 25.8% 24.8% 24.2% 22.8% 22.4%
Owner's Earnings 19,587M 12,990M 18,244M 374M 14,040M 11,815M 5,869M 9,680M 8,124M 5,182M 7,777M 9,534M 16,294M 9,844M 11,192M 11,976M 6,564M 14,014M 8,141M 4,253M 5,722M 4,937M 5,555M 6,229M 6,011M 5,690M 5,371M 4,792M 4,290M 4,002M 3,612M 3,189M 2,863M 1,568M 1,239M 1,344M 1,364M 1,284M
Owner's Earnings Margin 30.5% 20.6% 28.4% 0.6% 23.7% 24.3% 14.1% 24.7% 19.2% 12.9% 19.5% 24.1% 38.6% 22.4% 23.7% 24.9% 14.3% 51.1% 34.1% 17.6% 25.3% 22.4% 24.2% 27.7% 28.0% 26.8% 13.3% 14.6% 15.9% 16.9% 18.2% 19.1% 19.1% 14.9% 12.8% 15.6% 17.8% 19.6%
EPS (Basic) 7.59 4.80 6.76 0.14 5.73 5.16 2.79 3.84 2.40 0.95 2.07 1.60 4.20 1.50 2.20 2.06 0.28 4.15 3.65 -1.04 2.04 2.11 2.63 2.97 3.17 3.18 2.96 2.51 2.21 1.92 1.60 1.35 1.19 0.94 1.06 0.92 0.76 0.63
EPS (Diluted) 7.55 4.77 6.74 0.14 5.71 5.14 2.78 3.82 2.32 0.87 1.41 1.56 4.07 1.47 2.01 2.03 0.28 5.67 3.64 1.49 2.03 2.10 2.62 3.03 3.14 3.14 2.90 2.45 2.15 1.87 1.56 1.31 1.17 0.93 1.05 0.91 0.76 0.63
Shares (Basic) 2,515M 2,541M 2,532M 2,607M 2,532M 2,530M 2,530M 2,565M 2,593M 2,697M 2,749M 2,781M 2,838M 2,928M 3,027M 3,041M 3,095M 2,109M 2,136M 2,171M 2,178M 2,197M 2,219M 2,237M 2,258M 2,288M 2,307M 2,349M 2,375M 2,403M 2,426M 2,472M 2,514M 2,304M 1,872M 2,306M 2,344M 2,374M
Shares (Diluted) 2,521M 2,546M 2,541M 2,547M 2,542M 2,538M 2,541M 2,580M 2,679M 2,748M 2,787M 2,841M 2,928M 2,996M 3,076M 3,094M 3,120M 2,273M 2,143M 2,193M 2,188M 2,200M 2,226M 2,253M 2,277M 2,322M 2,353M 2,405M 2,441M 2,467M 2,488M 2,539M 2,552M 2,329M 1,890M 2,332M 2,344M 2,374M

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 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31 2001-12-31 2000-12-31 1999-12-31 1998-12-31 1997-12-31 1996-12-31 1995-12-31 1994-12-31 1993-12-31 1992-12-31 1991-12-31 1990-12-31 1989-12-31
Cash & Cash Equivalents 18,169.00M 8,007.00M 13,242.00M 6,841.00M 12,694.00M 8,096.00M 8,050.00M 9,676.00M 7,965.00M 6,092.00M 6,515.00M 8,524.00M 7,441.00M 15,621.00M 13,451.00M 13,531.00M 10,900.00M 9,311.00M 4,368.30M 5,336.10M 5,914.70M 9,585.30M 2,878.80M 1,201.00M 2,243.00M 2,144.00M 2,536.80M 2,021.90M 2,606.20M 1,125.10M 1,352.40M 1,847.40M 1,604.00M 829.40M 575.10M 797.90M 806.40M 685.10M
Short-Term Investments 45.00M 615.00M 447.00M 252.00M 498.00M 0.00M 0.00M 774.00M 899.00M 2,406.00M 7,826.00M 4,903.00M 8,278.00M 1,865.00M 2,690.00M 1,441.00M 1,301.00M 293.00M 1,118.10M 2,894.70M 2,798.30M 6,052.30M 4,211.10M 2,972.00M 2,728.20M 1,142.60M 1,717.80M 1,180.50M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 18,214.00M 8,622.00M 13,689.00M 7,093.00M 13,192.00M 8,096.00M 8,050.00M 10,450.00M 8,864.00M 8,498.00M 14,341.00M 13,427.00M 15,719.00M 17,486.00M 16,141.00M 14,972.00M 12,201.00M 9,604.00M 5,486.40M 8,230.80M 8,713.00M 15,637.60M 7,089.90M 4,173.00M 4,971.20M 3,286.60M 4,254.60M 3,202.40M 2,606.20M 1,125.10M 1,352.40M 1,847.40M 1,604.00M 829.40M 575.10M 797.90M 806.40M 685.10M
Net Receivables 12,120.00M 11,846.00M 10,278.00M 10,349.00M 9,450.00M 9,230.00M 6,803.00M 6,778.00M 7,071.00M 6,873.00M 7,018.00M 6,484.00M 6,626.00M 7,184.00M 7,672.00M 8,261.00M 7,344.00M 6,603.00M 2,907.70M 3,636.20M 3,314.80M 2,927.30M 3,627.70M 4,023.60M 5,423.40M 5,215.40M 5,017.90M 4,089.00M 3,374.10M 2,876.70M 2,655.90M 2,495.70M 3,017.20M 2,807.20M 1,736.90M 1,545.50M 1,345.80M 1,265.60M
Inventory 6,444.00M 6,601.00M 6,109.00M 6,358.00M 5,911.00M 5,953.00M 5,554.00M 5,978.00M 5,440.00M 5,096.00M 4,866.00M 4,700.00M 5,571.00M 6,226.00M 6,535.00M 6,254.00M 5,868.00M 8,048.00M 2,091.00M 1,881.00M 1,769.40M 1,658.10M 1,898.70M 2,554.70M 2,964.30M 3,579.30M 3,021.50M 2,846.90M 2,623.90M 2,145.10M 2,148.80M 1,872.50M 1,660.90M 1,641.70M 1,182.60M 991.30M 892.60M 779.70M
Other Current Assets 10,779.00M 9,996.00M 8,706.00M 8,368.00M 7,169.00M 6,987.00M 7,357.00M 4,277.00M 4,500.00M 4,299.00M 4,389.00M 5,140.00M 4,689.00M 4,789.00M 4,509.00M 3,694.00M 3,651.00M 4,177.00M 8,627.50M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1,120.90M 1,624.30M 2,066.10M 1,569.50M 2,401.90M 639.60M 456.30M 905.10M 976.10M 721.50M 679.40M
Total Current Assets 47,557.00M 37,065.00M 38,782.00M 32,168.00M 35,722.00M 30,266.00M 27,764.00M 27,483.00M 25,875.00M 24,766.00M 30,614.00M 29,751.00M 32,605.00M 35,685.00M 34,857.00M 33,181.00M 29,064.00M 28,432.00M 19,112.60M 13,748.00M 13,797.20M 20,223.00M 12,616.30M 10,751.30M 13,358.90M 12,081.30M 12,294.00M 11,259.20M 10,228.50M 8,213.00M 7,726.60M 8,617.50M 6,921.70M 5,734.60M 4,399.70M 4,310.80M 3,766.30M 3,409.80M
Property, Plant & Equipment 25,639.00M 25,236.00M 23,779.00M 23,051.00M 21,422.00M 19,279.00M 17,000.00M 15,053.00M 13,291.00M 12,439.00M 12,026.00M 12,507.00M 13,136.00M 14,973.00M 16,030.00M 16,297.00M 17,082.00M 18,279.00M 11,999.60M 12,346.00M 13,194.10M 14,398.20M 14,713.70M 14,169.00M 14,195.60M 13,103.40M 11,482.10M 9,676.70M 7,843.80M 6,609.40M 5,926.70M 5,269.10M 5,296.30M 4,894.60M 4,271.10M 3,504.50M 2,721.70M 2,292.50M
Goodwill 21,587.00M 21,591.00M 21,668.00M 21,197.00M 21,204.00M 21,264.00M 18,882.00M 19,425.00M 18,253.00M 18,284.00M 18,162.00M 17,723.00M 12,992.00M 12,301.00M 12,134.00M 12,155.00M 12,378.00M 12,038.00M 1,438.70M 1,454.80M 1,431.60M 1,085.70M 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 0.00M
Intangible Assets 15,313.00M 15,193.00M 16,370.00M 18,011.00M 20,269.00M 22,933.00M 14,101.00M 14,196.00M 13,104.00M 14,183.00M 17,305.00M 22,602.00M 20,386.00M 23,801.00M 29,083.00M 34,302.00M 39,456.00M 47,757.00M 525.40M 713.20M 943.90M 518.70M 1,764.90M 1,949.40M 7,241.00M 7,491.00M 7,374.20M 7,584.20M 8,287.20M 6,780.50M 6,736.60M 6,826.30M 7,212.30M 6,645.50M 153.50M 0.00M 0.00M 0.00M
Long-Term Investments 1,117.00M 774.00M 463.00M 252.00M 1,015.00M 370.00M 785.00M 1,469.00M 6,233.00M 12,125.00M 11,416.00M 13,039.00M 13,515.00M 9,770.00M 7,305.00M 3,458.00M 2,175.00M 432.00M 6,491.30M 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 0.00M 0.00M 0.00M 0.00M
Tax Assets 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 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 18,333.00M 17,664.00M 16,044.00M 11,996.00M 9,528.00M 11,582.00M 13,056.00M 6,771.00M 5,881.00M 6,075.00M 5,854.00M 6,055.00M 5,533.00M 9,115.00M 6,723.00M 5,735.00M 5,626.00M 5,376.00M 7,628.10M 18,791.30M 13,770.00M 7,793.90M 12,619.00M 12,941.90M 11,738.20M 10,465.20M 7,700.70M 7,114.80M 5,493.90M 4,133.00M 3,903.20M 3,118.90M 2,426.30M 2,652.80M 2,261.70M 1,683.20M 1,541.80M 1,054.40M
Other Assets 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 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 81,989.00M 80,458.00M 78,324.00M 74,507.00M 73,438.00M 75,428.00M 63,824.00M 56,914.00M 56,762.00M 63,106.00M 64,763.00M 71,926.00M 65,562.00M 69,960.00M 71,275.00M 71,947.00M 76,717.00M 83,882.00M 28,083.10M 33,305.30M 29,339.60M 23,796.50M 29,097.60M 29,060.30M 33,174.80M 31,059.60M 26,557.00M 24,375.70M 21,624.90M 17,522.90M 16,566.50M 15,214.30M 14,934.90M 14,192.90M 6,686.30M 5,187.70M 4,263.50M 3,346.90M
Total Assets 129,546.00M 117,523.00M 117,106.00M 106,675.00M 109,160.00M 105,694.00M 91,588.00M 84,397.00M 82,637.00M 87,872.00M 95,377.00M 101,677.00M 98,167.00M 105,645.00M 106,132.00M 105,128.00M 105,781.00M 112,314.00M 47,195.70M 47,053.30M 43,136.80M 44,019.50M 41,713.90M 39,811.60M 46,533.70M 43,140.90M 38,851.00M 35,634.90M 31,853.40M 25,735.90M 24,293.10M 23,831.80M 21,856.60M 19,927.50M 11,086.00M 9,498.50M 8,029.80M 6,756.70M
Accounts Payable 4,147.00M 3,892.00M 4,079.00M 3,922.00M 4,264.00M 4,609.00M 4,327.00M 3,738.00M 3,318.00M 3,102.00M 2,807.00M 2,533.00M 2,625.00M 2,274.00M 1,753.00M 2,023.00M 2,308.00M 2,244.00M 617.60M 624.50M 496.60M 471.10M 421.40M 735.20M 2,413.30M 5,108.40M 4,361.30M 4,158.70M 3,682.10M 3,268.90M 2,937.80M 3,105.20M 2,715.40M 2,378.30M 1,461.90M 1,400.40M 1,138.40M 937.20M
Short-Term Debt 1,405.00M 1,434.00M 2,649.00M 1,372.00M 1,946.00M 2,412.00M 6,431.00M 3,610.00M 5,308.00M 3,057.00M 568.00M 2,583.00M 2,704.00M 4,521.00M 4,315.00M 1,990.00M 2,400.00M 1,379.00M 2,297.10M 1,823.60M 1,285.10M 2,972.00M 2,181.20M 1,700.00M 3,669.80M 4,066.70M 3,319.30M 2,859.00M 624.20M 902.50M 606.10M 423.10M 146.70M 1,736.00M 825.20M 338.40M 793.00M 327.30M
Tax Payables 4,848.00M 4,156.00M 3,914.00M 2,649.00M 1,986.00M 1,224.00M 1,575.00M 736.00M 1,971.00M 708.00M 2,239.00M 1,560.00M 1,606.00M 251.00M 1,200.00M 781.00M 1,243.00M 1,285.20M 183.00M 617.00M 323.00M 213.00M 858.00M 812.00M 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 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 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 0.00M 0.00M -282.00M -285.00M -281.00M -304.00M 795.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 207.00M 0.00M 1,275.20M 4,287.70M 4,521.50M 3,853.40M 3,361.60M 2,926.50M 2,369.10M 2,029.00M 1,741.10M 1,762.50M 1,397.20M 1,285.30M 2,161.20M 2,586.50M 1,781.40M 1,330.20M 1,075.50M 895.70M 642.80M
Total Current Liabilities 10,400.00M 9,482.00M 10,360.00M 7,658.00M 7,915.00M 7,941.00M 13,128.00M 8,084.00M 10,597.00M 6,867.00M 5,614.00M 6,676.00M 6,935.00M 7,046.00M 7,268.00M 4,794.00M 5,951.00M 5,115.20M 3,097.70M 4,340.30M 6,392.40M 8,177.60M 7,314.00M 6,608.80M 9,009.60M 11,544.20M 9,709.60M 8,758.80M 6,068.80M 5,568.60M 4,829.20M 5,689.50M 5,448.60M 5,895.70M 3,617.30M 2,814.30M 2,827.10M 1,907.30M
Long-Term Debt 39,969.00M 33,968.00M 34,462.00M 33,683.00M 28,745.00M 30,690.00M 25,360.00M 22,736.00M 19,806.00M 21,353.00M 24,274.00M 23,829.00M 18,699.00M 20,539.00M 16,254.00M 15,525.00M 15,482.00M 16,095.00M 3,943.30M 3,915.80M 5,551.00M 5,125.60M 4,691.50M 5,096.00M 4,879.00M 4,798.60M 3,600.70M 3,143.90M 3,220.80M 1,346.50M 1,155.90M 1,372.80M 1,145.90M 1,120.80M 495.70M 493.70M 124.10M 117.80M
Capital Lease Obligations 0.00M 0.00M 1,159.00M 928.00M 1,013.00M 1,225.00M 1,335.00M 768.00M 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 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 0.00M
Deferred Tax Liabilities 1,381.00M 1,427.00M 1,387.00M 871.00M 1,795.00M 3,441.00M 1,005.00M 1,470.00M 1,702.00M 2,219.00M 5,077.00M 6,535.00M 4,467.00M 6,776.00M 5,740.00M 16,415.00M 17,853.00M 19,093.00M 7,766.60M 11,585.30M 6,330.30M 6,092.90M 6,442.10M 6,430.30M 7,178.20M 6,790.80M 6,746.70M 7,030.10M 6,057.00M 5,060.10M 4,027.30M 2,747.50M 2,914.30M 1,744.90M 1,343.00M 679.70M 694.90M 701.10M
Other Non-Current Liabilities 7,661.00M 7,031.00M 5,588.00M 7,864.00M 7,310.00M 8,209.00M 11,157.00M 11,202.00M 12,041.00M 11,117.00M 8,514.00M 7,345.00M 7,813.00M 8,136.00M 10,327.00M 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Liabilities 49,011.00M 42,426.00M 42,596.00M 43,346.00M 38,863.00M 43,565.00M 38,857.00M 36,176.00M 33,549.00M 34,689.00M 37,865.00M 37,709.00M 30,979.00M 35,451.00M 32,321.00M 31,940.00M 33,335.00M 35,188.00M 11,709.90M 15,501.10M 11,881.30M 11,218.50M 11,133.60M 11,526.30M 12,057.20M 11,589.40M 10,347.40M 10,174.00M 9,277.80M 6,406.60M 5,183.20M 4,120.30M 4,060.20M 2,865.70M 1,838.70M 1,173.40M 819.00M 818.90M
Total Liabilities 59,411.00M 51,908.00M 52,956.00M 51,004.00M 46,778.00M 51,506.00M 51,985.00M 44,260.00M 44,146.00M 41,556.00M 43,479.00M 44,385.00M 37,914.00M 42,497.00M 39,589.00M 36,734.00M 39,286.00M 40,303.20M 14,807.60M 19,841.40M 18,273.70M 19,396.10M 18,447.60M 18,135.10M 21,066.80M 23,133.60M 20,057.00M 18,932.80M 15,346.60M 11,975.20M 10,012.40M 9,809.80M 9,508.80M 8,761.40M 5,456.00M 3,987.70M 3,646.10M 2,726.20M
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 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,788.00M 1,781.00M 29.80M 29.80M 29.80M 29.80M 29.80M 29.80M 29.80M 29.80M 29.70M 29.70M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Retained Earnings 72,231.00M 68,477.00M 63,069.00M 53,895.00M 61,081.00M 53,696.00M 47,362.00M 46,602.00M 42,579.00M 41,350.00M 44,133.00M 45,348.00M 46,021.00M 39,257.00M 39,985.00M 38,990.00M 37,536.00M 41,405.00M 43,698.80M 39,140.80M 39,095.10M 37,980.00M 36,626.30M 34,142.00M 35,434.90M 31,489.60M 27,363.90M 23,447.90M 20,186.70M 17,291.50M 14,817.70M 12,740.60M 10,942.00M 9,393.20M 8,466.00M 7,588.70M 6,387.30M 5,394.20M
Accumulated OCI -5,202.00M -5,421.00M -4,945.00M -5,161.00M -4,768.00M -4,429.00M -6,634.00M -6,193.00M -5,545.00M -4,910.00M -5,226.00M -4,148.00M -4,323.00M -2,197.00M -4,682.00M -3,132.00M -3,216.00M -2,767.00M -2,553.90M -826.10M -1,164.30M 52.30M -45.90M 65.50M -98.80M 10.60M 30.80M 8.10M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 57.00M 67.00M 59.00M 54.00M 67.00M 73.00M 87.00M 94.00M 181.00M 233.00M 220.00M 91.00M 144.00M 2,561.00M 2,443.00M 2,426.00M 2,429.00M 2,427.00M 2,408.80M 2,406.70M 2,406.10M 2,407.20M 2,406.90M 3,915.20M 4,928.30M 4,837.50M 5,021.00M 3,460.50M 3,705.00M 1,166.10M 2,310.20M 2,286.30M 1,208.80M 1,144.40M 627.10M 594.60M 549.30M 509.90M
Total Shareholders’ Equity 68,817.00M 64,844.00M 59,912.00M 50,522.00M 58,101.00M 51,055.00M 42,516.00M 42,197.00M 38,822.00M 38,228.00M 40,695.00M 42,988.00M 43,486.00M 38,848.00M 37,091.00M 37,646.00M 36,108.00M 40,419.00M 41,174.70M 38,344.50M 37,960.60M 38,062.10M 36,610.20M 34,237.30M 35,365.90M 31,530.00M 27,424.40M 23,485.70M 20,186.70M 17,291.50M 14,817.70M 12,740.60M 10,942.00M 9,393.20M 8,466.00M 7,588.70M 6,387.30M 5,394.20M
Total Equity 68,874.00M 64,911.00M 59,971.00M 50,576.00M 58,168.00M 51,128.00M 42,603.00M 42,291.00M 39,003.00M 38,461.00M 40,915.00M 43,079.00M 43,630.00M 41,409.00M 39,534.00M 40,072.00M 38,537.00M 42,846.00M 43,583.50M 40,751.20M 40,366.70M 40,469.30M 39,017.10M 38,152.50M 40,294.20M 36,367.50M 32,445.40M 26,946.20M 23,891.70M 18,457.60M 17,127.90M 15,026.90M 12,150.80M 10,537.60M 9,093.10M 8,183.30M 6,936.60M 5,904.10M
Total Liabilities & Equity 128,285.00M 116,819.00M 112,927.00M 101,580.00M 104,946.00M 102,634.00M 94,588.00M 86,551.00M 83,149.00M 80,017.00M 84,394.00M 87,464.00M 81,544.00M 83,906.00M 79,123.00M 76,806.00M 77,823.00M 83,149.20M 58,391.10M 60,592.60M 58,640.40M 59,865.40M 57,464.70M 56,287.60M 61,361.00M 59,501.10M 52,502.40M 45,879.00M 39,238.30M 30,432.80M 27,140.30M 24,836.70M 21,659.60M 19,299.00M 14,549.10M 12,171.00M 10,582.70M 8,630.30M
Tangible Assets 92,646.00M 80,739.00M 79,068.00M 67,467.00M 67,687.00M 61,497.00M 58,605.00M 50,776.00M 51,280.00M 55,405.00M 59,910.00M 61,352.00M 64,789.00M 69,543.00M 64,915.00M 58,671.00M 53,947.00M 52,519.00M 45,231.60M 44,885.30M 40,761.30M 42,415.10M 39,949.00M 37,862.20M 39,292.70M 35,649.90M 31,476.80M 28,050.70M 23,566.20M 18,955.40M 17,556.50M 17,005.50M 14,644.30M 13,282.00M 10,932.50M 9,498.50M 8,029.80M 6,756.70M
Tangible Equity 31,974.00M 28,127.00M 21,933.00M 11,368.00M 16,695.00M 6,931.00M 9,620.00M 8,670.00M 7,646.00M 5,994.00M 5,448.00M 2,754.00M 10,252.00M 5,307.00M -1,683.00M -6,385.00M -13,297.00M -16,949.00M 41,619.40M 38,583.20M 37,991.20M 38,864.90M 37,252.20M 36,203.10M 33,053.20M 28,876.50M 25,071.20M 19,362.00M 15,604.50M 11,677.10M 10,391.30M 8,200.60M 4,938.50M 3,892.10M 8,939.60M 8,183.30M 6,936.60M 5,904.10M
Tangible Book Value 31,974.00M 28,127.00M 21,933.00M 11,368.00M 16,695.00M 6,931.00M 9,620.00M 8,670.00M 7,646.00M 5,994.00M 5,448.00M 2,754.00M 10,252.00M 5,307.00M -1,683.00M -6,385.00M -13,297.00M -16,949.00M 41,619.40M 38,583.20M 37,991.20M 38,864.90M 37,252.20M 36,203.10M 33,053.20M 28,876.50M 25,071.20M 19,362.00M 15,604.50M 11,677.10M 10,391.30M 8,200.60M 4,938.50M 3,892.10M 8,939.60M 8,183.30M 6,936.60M 5,904.10M
Total Investments 1,162.00M 1,389.00M 910.00M 504.00M 1,513.00M 370.00M 785.00M 2,243.00M 7,132.00M 14,531.00M 19,242.00M 17,942.00M 21,793.00M 11,635.00M 9,995.00M 4,899.00M 3,476.00M 725.00M 7,609.40M 2,894.70M 2,798.30M 6,052.30M 4,211.10M 2,972.00M 2,728.20M 1,142.60M 1,717.80M 1,180.50M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Debt 23,205.00M 27,395.00M 23,869.00M 28,214.00M 17,997.00M 25,006.00M 23,741.00M 16,670.00M 17,149.00M 18,318.00M 18,327.00M 17,888.00M 13,962.00M 9,439.00M 7,118.00M 3,984.00M 6,982.00M 8,163.00M 1,872.10M 403.30M 921.40M -1,487.70M 3,993.90M 5,595.00M 6,305.80M 6,721.30M 4,383.20M 3,981.00M 1,238.80M 1,123.90M 409.60M -51.50M -311.40M 2,027.40M 745.80M 34.20M 110.70M -240.00M

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 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31 2001-12-31 2000-12-31 1999-12-31 1998-12-31 1997-12-31 1996-12-31 1995-12-31 1994-12-31 1993-12-31 1992-12-31 1991-12-31 1990-12-31 1989-12-31
Working Capital 18,929.0M 11,028.0M 10,362.0M 6,474.0M 11,483.0M 6,394.0M 437.0M 5,263.0M 3,669.0M 6,152.0M 13,410.0M 10,550.0M 14,208.0M 17,817.0M 16,509.0M 16,936.0M 13,423.0M 12,791.0M 4,793.9M 2,787.2M 2,507.5M 7,806.9M 1,731.1M 1,957.6M 2,011.2M 1,417.4M 3,643.8M 2,500.4M 4,159.7M 2,644.4M 2,897.4M 2,928.0M 1,473.1M -161.1M 782.4M 1,496.5M 939.2M 1,502.5M
Total Capital 93,224.0M 84,395.0M 84,583.0M 73,849.0M 77,976.0M 72,815.0M 58,734.0M 53,258.0M 51,815.0M 58,746.0M 64,930.0M 71,088.0M 70,050.0M 74,825.0M 73,589.0M 72,032.0M 72,258.0M 76,532.0M 24,998.7M 23,924.1M 24,395.8M 26,075.3M 24,160.9M 22,372.4M 26,749.3M 24,915.4M 21,752.4M 19,244.5M 16,646.8M 14,843.6M 13,732.5M 13,531.6M 12,431.6M 12,878.5M 6,323.8M 5,748.3M 4,751.5M 3,965.7M
Capital Employed 100,918.0M 91,486.0M 88,686.0M 80,981.0M 84,921.0M 81,822.0M 64,261.0M 62,177.0M 60,431.0M 69,258.0M 78,173.0M 82,476.0M 79,770.0M 87,777.0M 87,784.0M 88,883.0M 90,140.0M 96,673.0M 32,877.0M 36,092.5M 31,847.1M 31,603.4M 30,828.7M 31,017.9M 35,186.0M 32,477.0M 30,200.8M 26,876.1M 25,784.6M 20,167.3M 19,463.9M 18,142.3M 16,408.0M 14,031.8M 7,468.7M 6,684.2M 5,202.7M 4,849.4M
Invested Capital 75,055.0M 76,388.0M 71,341.0M 67,008.0M 65,282.0M 64,719.0M 50,684.0M 43,582.0M 43,850.0M 52,654.0M 58,415.0M 62,564.0M 62,609.0M 59,204.0M 60,138.0M 58,501.0M 61,358.0M 67,221.0M 20,630.4M 18,588.0M 18,481.1M 16,490.0M 21,282.1M 21,171.4M 24,506.3M 22,771.4M 19,215.6M 17,222.6M 14,040.6M 13,718.5M 12,380.1M 11,684.2M 10,827.6M 12,049.1M 5,748.7M 4,950.4M 3,945.1M 3,280.6M

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 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31 2001-12-31 2000-12-31 1999-12-31 1998-12-31 1997-12-31 1996-12-31 1995-12-31 1994-12-31 1993-12-31 1992-12-31 1991-12-31 1990-12-31 1989-12-31
Net Income 19,045.00M 12,163.00M 17,133.00M 365.00M 14,526.00M 12,358.00M 7,082.00M 9,777.00M 6,193.00M 2,418.00M 3,941.00M 4,459.00M 11,934.00M 4,517.00M 6,299.00M 6,392.00M 982.00M 13,024.20M 7,808.40M 3,275.40M 4,433.80M 4,631.30M 5,813.40M 6,830.90M 7,149.50M 7,281.80M 6,821.70M 5,890.50M 5,248.20M 4,614.10M 3,881.30M 3,335.20M 2,997.00M 2,166.20M 2,446.60M 2,121.70M 1,781.20M 1,495.40M
Depreciation & Amortization 4,569.00M 4,266.00M 4,499.00M 3,872.00M 3,909.00M 3,214.00M 3,625.00M 3,652.00M 4,519.00M 4,637.00M 5,441.00M 6,375.00M 6,691.00M 6,988.00M 6,978.00M 7,427.00M 7,381.00M 2,576.00M 1,631.20M 1,988.20M 2,268.40M 1,708.10M 1,450.70M 1,314.20M 1,488.30M 1,463.80M 1,277.30M 1,144.80M 1,015.10M 1,034.30M 927.10M 859.20M 875.50M 414.70M 321.40M 263.80M 254.00M 221.70M
Deferred Income Tax -1,462.00M -1,564.00M -1,249.00M -1,899.00M -1,568.00M 187.00M -668.00M -556.00M -509.00M -2,621.00M -1,521.00M -764.00M -2,600.00M -330.00M 669.00M -1,537.00M -1,092.00M 1,820.20M 530.10M -1,781.90M -530.20M 9.00M 48.90M 131.70M 444.80M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -96.50M -167.00M -16.60M 1.20M -132.20M -65.90M
Stock-Based Compensation 802.00M 741.00M 761.00M 645.00M 541.00M 479.00M 441.00M 417.00M 348.00M 312.00M 300.00M 299.00M 278.00M 276.00M 335.00M 369.00M 509.00M 415.50M 219.00M 211.00M 168.00M 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 0.00M 0.00M 0.00M
Change in Working Capital -1,855.00M -1,668.00M -3,667.00M -2,205.00M -2,782.00M -3,839.00M -4,590.00M -2,067.00M -1,553.00M -5,021.00M -2,601.00M -268.00M 1,824.00M -794.00M -4,136.00M -766.00M 930.00M -2,706.90M -3,984.00M 1,355.90M -137.40M 1,180.50M 1,521.50M 489.10M 547.00M -123.70M -1,023.60M -3,454.40M -741.70M 17.00M 64.90M -423.60M 564.40M 7.80M -54.10M 41.10M 228.00M -274.80M
Accounts Receivable 0.00M 0.00M -244.00M -1,148.00M -644.00M -2,033.00M -1,002.00M 294.00M -418.00M 297.00M -619.00M -480.00M -554.00M 436.00M 349.00M -1,168.00M -1,089.00M 165.20M -83.00M 21.00M -241.00M -209.00M -7.00M 603.00M 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 -835.00M -816.00M -161.00M -674.00M -855.00M -508.00M -911.00M -145.00M 206.00M 805.00M 79.00M -365.00M -482.00M -678.00M 1,990.00M 1,211.30M -452.10M -40.70M 226.50M 125.60M 331.90M -435.30M 166.40M -557.50M -210.10M -223.00M -409.50M -53.50M -267.60M -271.80M -26.20M -46.60M -177.50M -98.70M -112.90M -121.60M
Accounts Payable 0.00M 0.00M 182.00M -380.00M -289.00M 405.00M 724.00M 399.00M 230.00M 254.00M 278.00M -37.00M 593.00M 522.00M -302.00M 182.00M 124.00M -45.20M 170.00M -259.00M 395.00M 241.00M 174.00M -509.00M 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 -1,855.00M -1,668.00M -2,770.00M 139.00M -1,688.00M -1,537.00M -3,457.00M -2,252.00M -454.00M -5,427.00M -2,466.00M -556.00M 1,706.00M -1,387.00M -3,701.00M 898.00M -95.00M -4,038.20M -3,618.90M 1,634.60M -517.90M 1,022.90M 1,022.60M 830.40M 380.60M 433.80M -813.50M -3,231.40M -332.20M 70.50M 332.50M -151.80M 590.60M 54.40M 123.40M 139.80M 340.90M -153.20M
Other Non-Cash Items -4,034.00M 4,326.00M 3,991.00M 12,228.00M 4,469.00M 1,710.00M 4,363.00M 2,217.00M 1,924.00M 6,722.00M 4,816.00M 2,320.00M -10,267.00M 997.00M -123.00M 498.00M 2,112.00M -11,737.00M 367.00M 1,950.60M 562.60M 79.60M -35.40M 1,096.50M -100.90M 458.00M 611.90M 2,549.80M -193.30M 651.20M 554.40M -826.60M -3.50M -57.10M 269.50M 6.20M -75.40M 4.30M
Net Cash from Operating Activities 17,065.00M 18,264.00M 21,468.00M 13,006.00M 19,095.00M 14,109.00M 10,253.00M 13,440.00M 10,922.00M 6,447.00M 10,376.00M 12,421.00M 7,860.00M 11,654.00M 10,022.00M 12,383.00M 10,822.00M 3,392.00M 6,571.70M 6,999.20M 6,765.20M 7,608.50M 8,799.10M 9,862.40M 9,528.70M 9,079.90M 7,687.30M 6,130.70M 5,328.30M 6,316.60M 5,427.70M 2,944.20M 4,139.90M 3,048.50M 2,504.40M 2,434.00M 2,055.60M 1,380.70M
Capital Expenditures (PPE) -4,016.00M -3,424.00M -3,372.00M -3,863.00M -4,388.00M -4,448.00M -4,684.00M -3,473.00M -2,615.00M -1,888.00M -1,614.00M -1,283.00M -2,317.00M -1,548.00M -1,954.00M -1,723.00M -1,678.00M -1,460.60M -1,298.30M -1,011.00M -980.20M -1,402.70M -1,726.10M -1,915.90M -2,369.70M -2,724.70M -2,727.80M -2,560.50M -1,973.40M -1,448.80M -1,196.70M -1,005.50M -1,009.30M -1,012.70M -1,066.60M -1,041.50M -670.80M -433.00M
Acquisitions (Net) -2.00M -4,091.00M -4,093.00M -12,032.00M -121.00M -12,907.00M -6,606.00M -4,954.00M -431.00M -396.00M -780.00M -7,428.00M 11,239.00M -200.00M 1,954.00M -50.00M 391.00M -8,972.60M 0.00M -1,135.90M 0.00M 0.00M -12.80M -1,527.80M 0.00M 0.00M 0.00M 0.00M 2,586.20M 910.00M 0.00M 1,321.10M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -2,225.00M -315.00M -519.00M -955.00M -1,204.00M -1.00M -1,095.00M -3,202.00M -7,994.00M -10,739.00M -15,651.00M -16,681.00M -24,944.00M -17,991.00M -12,841.00M -7,325.00M -7,197.00M -3,070.80M -11,967.30M -10,132.70M -20,044.30M -125,308.40M -82,256.40M -61,586.90M -37,555.00M -34,780.40M -28,637.10M -42,211.20M -29,675.40M -22,986.70M -15,719.10M -13,772.30M -14,814.50M -9,521.40M -5,255.80M -8,800.60M -8,563.30M -8,848.20M
Sales / Maturities of Investments 1,639.00M 539.00M 377.00M 1,658.00M 721.00M 1,026.00M 2,812.00M 8,622.00M 15,252.00M 15,664.00M 14,353.00M 20,413.00M 15,533.00M 16,298.00M 7,783.00M 6,324.00M 4,561.00M 10,941.90M 11,065.80M 10,860.20M 16,143.80M 128,981.40M 82,363.80M 60,823.40M 35,913.80M 33,383.00M 27,667.50M 40,308.70M 28,618.90M 22,075.40M 15,079.20M 12,430.10M 15,082.30M 9,863.50M 4,983.10M 8,518.90M 8,227.60M 8,659.30M
Other Investing Activities 620.00M 1,054.00M -127.00M 1,109.00M 32.00M -225.00M 130.00M 378.00M 102.00M 38.00M 482.00M 221.00M 115.00M 293.00M -1,747.00M -116.00M 426.00M 5,718.10M 365.40M -1,390.60M -3.00M -3.10M -6.60M -25.00M -0.10M -190.20M 56.10M 1,646.00M 432.30M -152.60M -142.70M -295.70M 709.10M -1,917.10M -12.60M 22.60M 6.70M 63.90M
Net Cash from Investing Activities -3,984.00M -6,237.00M -7,734.00M -14,083.00M -4,960.00M -16,555.00M -9,443.00M -2,629.00M 4,314.00M 2,679.00M -3,210.00M -4,758.00M -374.00M -3,148.00M -6,805.00M -2,890.00M -3,497.00M 3,156.00M -1,834.40M -2,810.00M -4,883.70M 2,267.20M -1,638.10M -4,232.20M -4,011.00M -4,312.30M -3,641.30M -2,817.00M -11.40M -1,602.70M -1,979.30M -1,322.30M -32.40M -2,587.70M -1,351.90M -1,300.60M -999.80M -558.00M
Net Debt Issuance -2,991.00M 2,845.00M 2,309.00M 4,184.00M -2,251.00M 1,631.00M 5,011.00M 1,248.00M 837.00M -1,129.00M -1,307.00M 3,492.00M -3,471.00M 4,533.00M 3,164.00M -471.00M 748.00M 1,781.00M 468.00M -1,183.90M -1,273.90M 1,281.30M 115.40M -1,783.10M -394.80M 1,943.50M 904.50M 2,132.00M 1,581.70M 494.40M -21.30M 481.80M -1,396.00M 1,225.20M 499.70M -124.90M 475.10M -153.90M
Long-Term Debt Issuance -2,991.00M 2,845.00M 2,309.00M 4,184.00M -2,251.00M 5,617.00M 2,462.00M 4,958.00M -4,287.00M -1,103.00M -1,307.00M 5,032.00M -3,471.00M 4,692.00M 2,540.00M -1,547.00M 658.00M 4,203.00M -1,392.00M -1,195.30M 248.90M -14.90M 367.80M -1,783.10M -394.80M 1,943.50M 904.50M 2,132.00M 1,581.70M 494.40M -21.30M 481.80M -1,396.00M 1,225.20M 499.70M -124.90M 475.10M -153.90M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M -3,986.00M 2,549.00M -3,710.00M 5,124.00M -26.00M 0.00M -1,540.00M -460.00M -159.00M 624.00M 1,076.00M 90.00M -2,422.00M 1,860.00M 11.40M -1,522.80M 1,296.20M -252.40M 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 Stock Issuance -489.00M -1,210.00M -1,306.00M -1,346.00M 384.00M -840.00M -1,281.00M -4,780.00M -9,091.00M -4,014.00M -3,434.00M -4,186.00M -7,703.00M -6,516.00M -2,591.00M -1,600.00M -1,230.00M 0.00M -2,725.00M -531.10M -632.40M -878.80M -2,234.30M -1,645.90M -1,773.00M -3,590.20M -1,404.70M -3,259.20M -3,135.40M -3,159.50M -2,051.10M -287.30M -565.90M -287.60M -810.70M -135.80M -707.00M -172.20M
Common Stock Issuance 19.00M 0.00M 0.00M 0.00M 384.00M 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 102.30M 898.60M 369.90M 136.50M 240.30M 0.00M 318.30M 300.60M 2,140.70M 322.90M 490.10M 413.30M 442.20M 1,283.60M 138.60M 83.40M 52.20M 48.30M 37.80M 36.00M
Common Stock Repurchased -508.00M -1,210.00M -1,306.00M -1,346.00M 0.00M -840.00M -1,281.00M -4,780.00M -9,091.00M -4,014.00M -3,434.00M -4,186.00M -7,703.00M -6,516.00M -2,591.00M -1,921.00M -1,593.00M 0.00M -2,725.00M -1,429.70M -1,002.30M -1,015.30M -2,474.60M -2,034.10M -2,091.30M -3,890.80M -3,545.40M -3,582.10M -3,625.50M -3,572.80M -2,493.30M -1,570.90M -704.50M -371.00M -862.90M -184.10M -744.80M -208.20M
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 321.00M 363.00M 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -8,109.00M -7,741.00M -7,840.00M -7,445.00M -7,012.00M -6,610.00M -6,215.00M -5,695.00M -5,172.00M -5,167.00M -5,124.00M -5,117.00M -5,247.00M -5,277.00M -5,236.00M -4,811.00M -4,853.00M -3,479.10M -3,278.50M -3,307.30M -3,322.60M -3,349.80M -3,310.70M -3,250.40M -3,191.60M -3,145.00M -2,798.00M -2,589.70M -2,253.10M -2,039.90M -1,728.90M -1,539.80M -1,434.10M -1,174.40M -1,064.30M -893.20M -749.40M -650.30M
Common Dividends Paid -8,109.00M -7,741.00M -7,840.00M -7,445.00M -7,012.00M -6,610.00M -6,215.00M -5,695.00M -5,172.00M -5,167.00M -5,124.00M -5,117.00M -5,247.00M -5,277.00M -5,236.00M -4,811.00M -4,853.00M -3,215.00M -3,278.50M -3,307.30M -3,322.60M -3,349.80M -3,310.70M -3,250.40M -3,191.60M -3,145.00M -2,798.00M -2,589.70M -2,253.10M -2,039.90M -1,728.90M -1,539.80M -1,434.10M -1,174.40M -1,064.30M -893.20M -749.40M -650.30M
Preferred Dividends Paid 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 120.00M 0.00M 0.00M 0.00M -264.00M 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 1,907.00M -162.00M -195.00M -203.00M -240.00M 8,412.00M -347.00M 366.00M 266.00M 304.00M 821.00M 424.00M 1,179.00M 1,150.00M 1,396.00M -22.00M -106.00M 59.70M 13.00M 156.20M -375.30M -93.10M -161.80M -148.50M -172.50M 41.40M -149.20M -152.50M -114.10M -153.90M -36.00M -56.10M -6.20M 22.60M 20.00M 15.80M 27.60M 21.00M
Net Cash from Financing Activities -9,682.00M -6,268.00M -7,032.00M -4,810.00M -9,119.00M 2,593.00M -2,832.00M -8,861.00M -13,160.00M -10,006.00M -9,044.00M -5,387.00M -15,113.00M -5,990.00M -3,267.00M -6,904.00M -5,441.00M -1,638.30M -5,522.50M -4,866.10M -5,604.20M -3,040.40M -5,591.40M -6,827.90M -5,531.90M -5,071.20M -3,447.40M -3,869.40M -3,920.90M -4,858.90M -3,837.30M -1,401.40M -3,402.20M -214.20M -1,355.30M -1,138.10M -953.70M -955.40M
Effect of FX on Cash 173.00M 260.00M -293.00M 23.00M -410.00M -133.00M 253.00M 17.00M -205.00M 457.00M -131.00M -1,310.00M -553.00M -346.00M -30.00M 42.00M -295.00M 33.40M -182.60M 98.30M 52.10M -128.80M 108.20M 155.70M 113.20M -89.20M -83.70M -28.60M 85.10M -82.30M -106.10M 22.90M 69.30M 7.70M -20.00M -3.80M 19.20M -36.20M
Net Change in Cash 3,572.00M 6,019.00M 6,409.00M -5,864.00M 4,606.00M 14.00M -1,769.00M 1,967.00M 1,871.00M -423.00M -2,009.00M 1,083.00M -8,180.00M 2,170.00M -80.00M 2,631.00M 1,589.00M 4,943.10M -967.80M -578.60M -3,670.60M 6,706.50M 1,677.80M -1,042.00M 99.00M -392.80M 514.90M -584.30M 1,481.10M -227.30M -495.00M 243.40M 774.60M 254.30M -222.80M -8.50M 121.30M -168.90M
Cash at Beginning of Period 44,811.00M 32,597.00M 6,909.00M 12,773.00M 8,167.00M 8,153.00M 9,934.00M 7,967.00M 6,096.00M 6,515.00M 8,524.00M 7,441.00M 15,621.00M 13,451.00M 13,531.00M 10,900.00M 9,311.00M 4,368.30M 5,336.10M 5,914.70M 9,585.30M 2,878.80M 1,201.00M 2,243.00M 2,144.00M 2,536.80M 2,021.90M 2,606.20M 1,125.10M 1,352.40M 1,847.40M 1,604.00M 829.40M 575.10M 797.90M 806.40M 685.10M 854.00M
Cash at End of Period 48,383.00M 38,641.00M 13,318.00M 6,909.00M 12,773.00M 8,167.00M 8,165.00M 9,934.00M 7,967.00M 6,092.00M 6,515.00M 8,524.00M 7,441.00M 15,621.00M 13,451.00M 13,531.00M 10,900.00M 9,311.40M 4,368.30M 5,336.10M 5,914.70M 9,585.30M 2,878.80M 1,201.00M 2,243.00M 2,144.00M 2,536.80M 2,021.90M 2,606.20M 1,125.10M 1,352.40M 1,847.40M 1,604.00M 829.40M 575.10M 797.90M 806.40M 685.10M
Operating Cash Flow 17,065.00M 18,264.00M 21,468.00M 13,006.00M 19,095.00M 14,109.00M 10,253.00M 13,440.00M 10,922.00M 6,447.00M 10,376.00M 12,421.00M 7,860.00M 11,654.00M 10,022.00M 12,383.00M 10,822.00M 3,392.00M 6,571.70M 6,999.20M 6,765.20M 7,608.50M 8,799.10M 9,862.40M 9,528.70M 9,079.90M 7,687.30M 6,130.70M 5,328.30M 6,316.60M 5,427.70M 2,944.20M 4,139.90M 3,048.50M 2,504.40M 2,434.00M 2,055.60M 1,380.70M
Capital Expenditure -4,016.00M -3,424.00M -3,372.00M -3,863.00M -4,388.00M -4,448.00M -4,684.00M -3,473.00M -2,615.00M -1,888.00M -1,614.00M -1,283.00M -2,317.00M -1,548.00M -1,954.00M -1,723.00M -1,678.00M -1,460.60M -1,298.30M -1,011.00M -980.20M -1,402.70M -1,726.10M -1,915.90M -2,369.70M -2,724.70M -2,727.80M -2,560.50M -1,973.40M -1,448.80M -1,196.70M -1,005.50M -1,009.30M -1,012.70M -1,066.60M -1,041.50M -670.80M -433.00M
Free Cash Flow 13,049.00M 14,840.00M 18,096.00M 9,143.00M 14,707.00M 9,661.00M 5,569.00M 9,967.00M 8,307.00M 4,559.00M 8,762.00M 11,138.00M 5,543.00M 10,106.00M 8,068.00M 10,660.00M 9,144.00M 1,931.40M 5,273.40M 5,988.20M 5,785.00M 6,205.80M 7,073.00M 7,946.50M 7,159.00M 6,355.20M 4,959.50M 3,570.20M 3,354.90M 4,867.80M 4,231.00M 1,938.70M 3,130.60M 2,035.80M 1,437.80M 1,392.50M 1,384.80M 947.70M

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 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31 2001-12-31 2000-12-31 1999-12-31 1998-12-31 1997-12-31 1996-12-31 1995-12-31 1994-12-31 1993-12-31 1992-12-31 1991-12-31 1990-12-31 1989-12-31
EBITDA 28,135.00M 18,588.00M 25,436.00M 7,446.00M 22,564.00M 16,644.00M 9,420.00M 11,236.00M 13,450.00M 11,473.00M 10,970.00M 13,922.00M 13,374.00M 14,653.00M 16,855.00M 16,403.00M 10,736.00M 6,597.00M 7,716.00M 7,605.70M 5,955.00M 7,566.90M 8,208.90M 9,883.00M 10,440.50M 10,549.70M 11,962.80M 10,518.60M 8,406.20M 7,537.90M 6,838.90M 6,122.00M 6,156.10M 4,715.10M 4,134.30M 3,637.30M 3,159.40M 2,679.70M
(-) Tax Adjustment 3,576.03M 2,109.44M 3,576.30M 2,606.10M 2,631.83M 1,824.02M 2,152.96M 2,452.15M 3,876.86M 4,015.55M 1,690.59M 2,428.17M 4,139.18M 2,716.55M 4,706.05M 2,106.85M 3,757.60M 978.55M 1,553.15M 215.04M 1,711.06M 2,648.42M 2,228.65M 2,688.14M 3,090.38M 3,069.97M 3,656.02M 3,330.27M 2,942.17M 2,155.82M 2,048.29M 1,865.75M 1,977.39M 1,423.18M 1,295.88M 1,200.30M 1,074.21M 924.46M
(-) Change In Working Capital -1,855.00M -1,668.00M -3,667.00M -2,205.00M -2,782.00M -3,839.00M -4,590.00M -2,067.00M -1,553.00M -5,021.00M -2,601.00M -268.00M 1,824.00M -794.00M -4,136.00M -766.00M 930.00M -2,706.90M -3,984.00M 1,355.90M -137.40M 1,180.50M 1,521.50M 489.10M 547.00M -123.70M -1,023.60M -3,454.40M -741.70M 17.00M 64.90M -423.60M 564.40M 7.80M -54.10M 41.10M 228.00M -274.80M
(-) Capital Expenditure -4,016.00M -3,424.00M -3,372.00M -3,863.00M -4,388.00M -4,448.00M -4,684.00M -3,473.00M -2,615.00M -1,888.00M -1,614.00M -1,283.00M -2,317.00M -1,548.00M -1,954.00M -1,723.00M -1,678.00M -1,460.60M -1,298.30M -1,011.00M -980.20M -1,402.70M -1,726.10M -1,915.90M -2,369.70M -2,724.70M -2,727.80M -2,560.50M -1,973.40M -1,448.80M -1,196.70M -1,005.50M -1,009.30M -1,012.70M -1,066.60M -1,041.50M -670.80M -433.00M
Unlevered Free Cash Flow 22,397.97M 14,722.56M 22,154.70M 3,181.90M 18,326.17M 14,210.98M 7,173.04M 7,377.85M 8,511.14M 10,590.45M 10,266.41M 10,478.83M 5,093.82M 11,182.45M 14,330.95M 13,339.15M 4,370.40M 6,864.75M 8,848.55M 5,023.76M 3,401.14M 2,335.29M 2,732.65M 4,789.86M 4,433.42M 4,878.73M 6,602.58M 8,082.23M 4,232.33M 3,916.28M 3,529.01M 3,674.35M 2,605.01M 2,271.42M 1,825.92M 1,354.40M 1,186.39M 1,597.04M
(-) Net Interest Income After Taxes -750.69M -810.28M -735.65M -507.65M -711.11M -685.62M -595.56M -483.91M -305.34M -239.85M -308.75M -316.20M -321.78M -437.44M -347.42M -479.36M -410.80M -211.04M 303.51M 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 0.00M 0.00M 0.00M 0.00M
Net Debt Issuance -2,991.00M 2,845.00M 2,309.00M 4,184.00M -2,251.00M 1,631.00M 5,011.00M 1,248.00M 837.00M -1,129.00M -1,307.00M 3,492.00M -3,471.00M 4,533.00M 3,164.00M -471.00M 748.00M 1,781.00M 468.00M -1,183.90M -1,273.90M 1,281.30M 115.40M -1,783.10M -394.80M 1,943.50M 904.50M 2,132.00M 1,581.70M 494.40M -21.30M 481.80M -1,396.00M 1,225.20M 499.70M -124.90M 475.10M -153.90M
Levered Free Cash Flow 20,157.66M 18,377.84M 25,199.35M 7,873.55M 16,786.28M 16,527.60M 12,779.60M 9,109.76M 9,653.48M 9,701.30M 9,268.16M 14,287.03M 1,944.59M 16,152.89M 17,842.37M 13,347.51M 5,529.20M 8,856.80M 9,013.04M 3,839.86M 2,127.24M 3,616.59M 2,848.05M 3,006.76M 4,038.62M 6,822.23M 7,507.08M 10,214.23M 5,814.03M 4,410.68M 3,507.71M 4,156.15M 1,209.01M 3,496.62M 2,325.62M 1,229.50M 1,661.49M 1,443.14M