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Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Page: Company Financials

Clariant AG

Ticker: 0QJS.L | Industry: Chemicals - Specialty | Sector: Basic Materials
$7.25 -0.07 (-0.96%)
As of: 2026-01-23

Master Data Export


Enterprise Value

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Stock Price 13.16 13.16 16.42 18.75 18.74 20.81 20.77 24.60 17.02 17.50 16.87 17.50 17.50 12.27 7.04 7.04 8.83 14.78 16.64 20.21 20.21 20.21 20.21
Market Capitalization 4,324.28M 4,328.40M 5,402.98M 6,173.93M 6,174.04M 6,830.36M 6,869.02M 8,107.04M 5,522.20M 5,588.12M 5,385.28M 5,443.71M 4,925.32M 3,178.74M 1,649.10M 1,591.11M 2,010.79M 3,356.25M 3,771.25M 4,576.85M 4,256.58M 3,028.37M 3,049.93M
(-) Cash & Equivalents 378.50M 386.50M 373.00M 596.00M 850.50M 573.50M 677.00M 646.00M 969.50M 485.00M 720.00M 418.67M 1,227.50M 868.00M 447.50M 415.00M 89.00M 127.25M 110.75M 55.75M 369.25M 232.25M 179.50M
(+) Total Debt 1,999.00M 1,293.50M 1,506.00M 2,019.50M 2,184.00M 2,316.00M 2,262.00M 2,257.50M 2,699.50M 1,552.33M 2,315.00M 1,654.67M 1,738.00M 384.50M 150.00M 122.00M 67.00M 182.00M 499.75M 434.00M 723.75M 303.50M 273.00M
Enterprise Value 5,944.78M 5,235.40M 6,535.98M 7,597.43M 7,507.54M 8,572.86M 8,454.02M 9,718.54M 7,252.20M 6,655.46M 6,980.28M 6,679.71M 5,435.82M 2,695.24M 1,351.60M 1,298.11M 1,988.79M 3,411.00M 4,160.25M 4,955.10M 4,611.08M 3,099.62M 3,143.43M

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
Revenue 8,226M 9,820M 4,152M 4,377M 5,198M 4,372M 3,860M 4,399M 6,623M 6,377M 5,847M 5,807M 6,116M 6,076M 6,038M 7,370M 7,120M 6,614M 8,071M 8,533M 8,100M 7,728M 8,530M 8,516M 9,330M
Cost of Revenue 5,815M 7,050M 2,893M 3,177M 4,173M 3,077M 2,687M 3,024M 4,690M 4,475M 4,077M 4,020M 4,344M 4,332M 4,293M 5,402M 5,133M 4,749M 5,757M 6,045M 5,614M 5,373M 5,823M 5,787M 6,275M
Gross Profit 2,411M 2,770M 1,259M 1,200M 1,025M 1,295M 1,173M 1,375M 1,933M 1,902M 1,770M 1,787M 1,772M 1,744M 1,745M 1,968M 1,987M 1,865M 2,314M 2,488M 2,486M 2,355M 2,707M 2,729M 3,055M
Gross Profit Margin 29.3% 28.2% 30.3% 27.4% 19.7% 29.6% 30.4% 31.3% 29.2% 29.8% 30.3% 30.8% 29.0% 28.7% 28.9% 26.7% 27.9% 28.2% 28.7% 29.2% 30.7% 30.5% 31.7% 32.0% 32.7%
R&D Expenses 262M 307M 126M 138M 160M 155M 170M 173M 209M 211M 206M 204M 213M 199M 175M 176M 135M 150M 184M 211M 207M 197M 274M 308M 352M
SG&A Expenses 1,518M 1,361M 748M 709M 834M 741M 747M 1,070M 1,308M 1,298M 1,138M 1,064M 1,049M 1,034M 1,114M 1,176M 1,177M 1,470M 421M 391M 394M 374M 561M 547M 669M
Operating Expenses 1,645M 1,676M 819M 918M 994M 896M 917M 1,243M 1,517M 1,509M 1,344M 1,268M 1,262M 1,233M 1,289M 1,352M 1,311M 1,612M 1,764M 1,948M 1,990M 1,966M 2,263M 1,910M 3,157M
Operating Income (EBIT) 766M 1,094M 440M 282M 31M 399M 256M 132M 416M 393M 426M 519M 510M 511M 456M 616M 676M 253M 550M 540M 496M 389M 444M 819M -102M
Operating Income Margin 9.3% 11.1% 10.6% 6.4% 0.6% 9.1% 6.6% 3.0% 6.3% 6.2% 7.3% 8.9% 8.3% 8.4% 7.6% 8.4% 9.5% 3.8% 6.8% 6.3% 6.1% 5.0% 5.2% 9.6% -1.1%
Interest Income 86M 43M 24M 18M 9M 11M 13M 15M 12M 12M 9M 11M 11M 11M 17M 14M 15M 10M 17M 0M 30M 28M 18M 0M 0M
Interest Expense 240M 85M 66M 52M 55M 59M 67M 86M 82M 78M 98M 92M 160M 139M 198M 122M 138M 111M 155M 102M 112M 132M 154M 275M 248M
Net Interest Income -154M -42M -42M -34M -46M -48M -54M -71M -70M -66M -89M -81M -149M -128M -181M -108M -123M -101M -138M -102M -82M -104M -136M -275M -248M
Unusual Items -174M -696M -28M -30M 21M 43M 10M 10M 119M 110M 1M -138M 18M -38M -29M -174M -310M -273M -321M -231M -139M 66M -103M -260M -100M
EBT Excluding Unusual Items 612M 1,052M 398M 248M -15M 351M 202M 61M 346M 327M 337M 438M 361M 383M 275M 508M 553M 152M 412M 438M 414M 285M 308M 544M -350M
Pre-Tax Income 438M 356M 370M 218M 6M 394M 212M 71M 465M 437M 338M 300M 379M 345M 246M 334M 243M -121M 91M 207M 275M 351M 205M 284M -450M
Pre-Tax Margin 5.3% 3.6% 8.9% 5.0% 0.1% 9.0% 5.5% 1.6% 7.0% 6.9% 5.8% 5.2% 6.2% 5.7% 4.1% 4.5% 3.4% -1.8% 1.1% 2.4% 3.4% 4.5% 2.4% 3.3% -4.8%
Income Tax Expense 181M 109M 90M 5M 107M 102M 96M 105M 109M 135M 75M 73M 144M 22M 35M 83M 52M 73M 119M 99M 144M 89M 141M 111M 189M
Net Income 195M 496M 244M 134M -101M 344M 116M -34M 337M 277M 253M 229M 152M -20M 217M 227M 191M -206M -37M 5M -85M 184M 152M 173M -639M
Net Income Margin 2.4% 5.1% 5.9% 3.1% -1.9% 7.9% 3.0% -0.8% 5.1% 4.3% 4.3% 3.9% 2.5% -0.3% 3.6% 3.1% 2.7% -3.1% -0.5% 0.1% -1.0% 2.4% 1.8% 2.0% -6.8%
Depreciation & Amortization 441M 506M 247M 236M 276M 267M 269M 330M 325M 301M 265M 257M 282M 284M 316M 258M 205M 225M 253M 273M 507M 342M 385M 560M 1,395M
EBITDA 1,207M 1,600M 687M 518M 307M 666M 525M 462M 741M 694M 691M 776M 792M 795M 772M 874M 881M 478M 803M 813M 1,003M 731M 829M 1,379M 1,293M
EBITDA Margin 14.7% 16.3% 16.5% 11.8% 5.9% 15.2% 13.6% 10.5% 11.2% 10.9% 11.8% 13.4% 12.9% 13.1% 12.8% 11.9% 12.4% 7.2% 9.9% 9.5% 12.4% 9.5% 9.7% 16.2% 13.9%
NOPAT 449M 759M 333M 276M -522M 296M 140M -63M 318M 272M 331M 393M 316M 478M 391M 463M 531M 200M -169M 282M 236M 290M 139M 499M -81M
NOPAT Margin 5.5% 7.7% 8.0% 6.3% -10.0% 6.8% 3.6% -1.4% 4.8% 4.3% 5.7% 6.8% 5.2% 7.9% 6.5% 6.3% 7.5% 3.0% -2.1% 3.3% 2.9% 3.8% 1.6% 5.9% -0.9%
Owner's Earnings 237M 490M 282M 163M -37M 251M 86M 7M 405M 299M 182M 85M 111M -55M 181M 98M 154M -151M -75M -42M 90M 200M 268M 428M 412M
Owner's Earnings Margin 2.9% 5.0% 6.8% 3.7% -0.7% 5.7% 2.2% 0.2% 6.1% 4.7% 3.1% 1.5% 1.8% -0.9% 3.0% 1.3% 2.2% -2.3% -0.9% -0.5% 1.1% 2.6% 3.1% 5.0% 4.4%
EPS (Basic) 0.60 1.50 0.74 0.41 -0.31 1.04 0.35 -0.10 1.02 0.84 0.78 0.71 0.48 -0.06 0.74 0.86 0.81 -0.91 -0.16 -0.01 -0.37 0.81 0.72 1.08 -4.23
EPS (Diluted) 0.59 1.50 0.74 0.41 -0.31 1.04 0.35 -0.10 1.02 0.84 0.78 0.71 0.47 -0.06 0.68 0.75 0.73 -0.91 -0.16 0.02 -0.37 0.81 0.72 1.15 -4.23
Shares (Basic) 329M 329M 329M 329M 329M 329M 330M 330M 330M 328M 324M 322M 320M 313M 281M 265M 224M 226M 227M 227M 227M 226M 211M 150M 151M
Shares (Diluted) 330M 330M 330M 331M 331M 331M 331M 330M 330M 330M 325M 324M 322M 314M 320M 302M 261M 228M 228M 228M 227M 228M 212M 150M 151M

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
Cash & Cash Equivalents 314.00M 388.00M 388.00M 488.00M 394.00M 415.00M 737.00M 638.00M 833.00M 701.00M 1,043.00M 789.00M 748.00M 770.00M 1,372.00M 1,234.00M 716.00M 1,140.00M 356.00M 509.00M 443.00M 223.00M 1,477.00M 929.00M 718.00M
Short-Term Investments 135.00M 83.00M 83.00M 105.00M 364.00M 61.00M 318.00M 368.00M 92.00M 47.00M 324.00M 200.00M 248.00M 221.00M 333.00M 0.00M 0.00M 0.00M 0.00M 0.00M 42.00M 45.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 449.00M 471.00M 471.00M 593.00M 758.00M 476.00M 1,055.00M 1,006.00M 925.00M 748.00M 1,367.00M 989.00M 996.00M 991.00M 1,705.00M 1,234.00M 716.00M 1,140.00M 356.00M 509.00M 485.00M 268.00M 1,477.00M 929.00M 718.00M
Net Receivables 580.00M 891.00M 891.00M 567.00M 1,024.00M 1,048.00M 899.00M 1,059.00M 1,330.00M 1,466.00M 1,290.00M 1,256.00M 1,305.00M 1,317.00M 892.00M 0.00M 1,203.00M 0.00M 1,371.00M 1,792.00M 1,740.00M 1,772.00M 1,793.00M 0.00M 0.00M
Inventory 721.00M 649.00M 649.00M 624.00M 796.00M 691.00M 534.00M 651.00M 1,018.00M 952.00M 816.00M 811.00M 930.00M 846.00M 887.00M 1,151.00M 800.00M 853.00M 1,373.00M 1,477.00M 1,513.00M 1,535.00M 1,325.00M 1,569.00M 1,689.00M
Other Current Assets 364.00M 117.00M 117.00M 398.00M 390.00M 1.00M 16.00M 0.00M 328.00M 342.00M 286.00M 276.00M 513.00M 870.00M 2,241.00M 341.00M 26.00M 258.00M 0.00M 0.00M 97.00M 0.00M -12.00M 309.00M 413.00M
Total Current Assets 2,114.00M 2,128.00M 2,128.00M 2,182.00M 2,968.00M 2,216.00M 2,504.00M 2,716.00M 3,601.00M 3,508.00M 3,759.00M 3,332.00M 3,744.00M 4,024.00M 5,725.00M 2,726.00M 2,745.00M 2,251.00M 3,100.00M 3,778.00M 3,835.00M 3,575.00M 4,583.00M 2,807.00M 2,820.00M
Property, Plant & Equipment 1,561.00M 1,717.00M 1,717.00M 1,610.00M 1,789.00M 2,071.00M 1,832.00M 1,868.00M 2,081.00M 2,250.00M 2,205.00M 2,083.00M 2,104.00M 2,041.00M 2,103.00M 2,494.00M 1,669.00M 1,927.00M 2,010.00M 2,401.00M 2,422.00M 2,605.00M 2,440.00M 2,776.00M 3,055.00M
Goodwill 0.00M 1,306.00M 1,306.00M 814.00M 870.00M 1,047.00M 994.00M 1,045.00M 1,261.00M 1,280.00M 1,210.00M 1,019.00M 1,114.00M 1,122.00M 1,096.00M 0.00M 0.00M 0.00M 0.00M 0.00M 406.00M 403.00M 2,807.00M 0.00M 0.00M
Intangible Assets 1,499.00M 360.00M 360.00M 97.00M 127.00M 233.00M 244.00M 306.00M 421.00M 495.00M 490.00M 331.00M 373.00M 427.00M 488.00M 0.00M 269.00M 294.00M 283.00M 339.00M -71.00M 15.00M -2,402.00M 451.00M 489.00M
Long-Term Investments 215.00M 404.00M 404.00M 435.00M 149.00M 347.00M 33.00M 98.00M 487.00M 511.00M 263.00M 463.00M 431.00M 414.00M 256.00M 0.00M 0.00M 0.00M 0.00M 0.00M 309.00M 284.00M 332.00M 312.00M 312.00M
Tax Assets 0.00M 127.00M 127.00M 129.00M 120.00M 163.00M 160.00M 234.00M 269.00M 267.00M 298.00M 256.00M 271.00M 245.00M 190.00M 192.00M 119.00M 75.00M 67.00M 113.00M 89.00M 106.00M 259.00M 291.00M 395.00M
Other Non-Current Assets 426.00M 222.00M 222.00M 44.00M 464.00M 138.00M 379.00M 409.00M 122.00M 114.00M 360.00M 247.00M 266.00M 264.00M 509.00M 730.00M 370.00M 411.00M 415.00M 433.00M 229.00M 122.00M 41.00M 107.00M 100.00M
Other Assets 0.00M 0.00M 0.00M 0.00M -1.00M 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 3,701.00M 4,136.00M 4,136.00M 3,129.00M 3,518.00M 3,999.00M 3,642.00M 3,960.00M 4,641.00M 4,917.00M 4,826.00M 4,399.00M 4,559.00M 4,513.00M 4,642.00M 3,416.00M 2,427.00M 2,707.00M 2,775.00M 3,286.00M 3,384.00M 3,535.00M 3,477.00M 3,937.00M 4,351.00M
Total Assets 5,815.00M 6,264.00M 6,264.00M 5,311.00M 6,486.00M 6,215.00M 6,146.00M 6,676.00M 8,242.00M 8,425.00M 8,585.00M 7,731.00M 8,303.00M 8,537.00M 10,367.00M 6,142.00M 5,172.00M 4,958.00M 5,875.00M 7,064.00M 7,219.00M 7,110.00M 8,060.00M 6,744.00M 7,171.00M
Accounts Payable 653.00M 746.00M 746.00M 488.00M 610.00M 688.00M 539.00M 875.00M 750.00M 729.00M 683.00M 670.00M 704.00M 735.00M 793.00M 1,327.00M 1,170.00M 1,024.00M 1,011.00M 1,321.00M 669.00M 746.00M 812.00M 0.00M 0.00M
Short-Term Debt 510.00M 270.00M 270.00M 333.00M 355.00M 709.00M 398.00M 587.00M 529.00M 567.00M 957.00M 394.00M 430.00M 589.00M 1,032.00M 0.00M 240.00M 132.00M 268.00M 728.00M 623.00M 1,137.00M 1,172.00M 1,214.00M 1,092.00M
Tax Payables 0.00M 192.00M 192.00M 160.00M 233.00M 257.00M 262.00M 238.00M 212.00M 301.00M 305.00M 276.00M 313.00M 274.00M 339.00M 323.00M 242.00M 255.00M 243.00M 0.00M 215.00M 175.00M 175.00M 141.00M 130.00M
Deferred Revenue 0.00M 0.00M 0.00M 92.00M 166.00M 1,029.00M 1,086.00M 1,516.00M 212.00M 1,160.00M 305.00M 276.00M 1,089.00M 1,311.00M 1,501.00M 0.00M 242.00M 255.00M 243.00M 0.00M 917.00M 914.00M 893.00M 0.00M 0.00M
Other Current Liabilities 180.00M 200.00M 200.00M 286.00M 620.00M 818.00M 506.00M 1,190.00M 483.00M 648.00M 696.00M 686.00M 638.00M 736.00M 807.00M 1,501.00M 205.00M 278.00M 250.00M 299.00M 569.00M 640.00M 604.00M 1,511.00M 1,784.00M
Total Current Liabilities 1,343.00M 1,408.00M 1,408.00M 1,359.00M 1,984.00M 3,501.00M 2,791.00M 4,406.00M 2,186.00M 3,405.00M 2,946.00M 2,302.00M 3,174.00M 3,645.00M 4,472.00M 3,151.00M 2,099.00M 1,944.00M 2,015.00M 2,348.00M 2,993.00M 3,612.00M 3,656.00M 2,866.00M 3,006.00M
Long-Term Debt 1,359.00M 1,422.00M 1,422.00M 765.00M 870.00M 958.00M 1,424.00M 1,485.00M 1,694.00M 1,727.00M 1,908.00M 1,859.00M 1,761.00M 1,830.00M 2,444.00M 0.00M 0.00M 0.00M 0.00M 1,253.00M 1,376.00M 599.00M 1,723.00M 0.00M 0.00M
Capital Lease Obligations 179.00M 192.00M 192.00M 251.00M 239.00M 282.00M 200.00M 217.00M 17.00M 0.00M 11.00M 11.00M 13.00M 13.00M 14.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 86.00M 91.00M 91.00M 25.00M 27.00M 30.00M 18.00M 43.00M 47.00M 65.00M 33.00M 71.00M 72.00M 120.00M 180.00M 289.00M 85.00M 112.00M 134.00M 179.00M 183.00M 246.00M 388.00M 384.00M 583.00M
Other Non-Current Liabilities 602.00M 643.00M 643.00M 652.00M 721.00M 58.00M 342.00M 627.00M 72.00M 60.00M 1,064.00M 975.00M 1,121.00M 115.00M 690.00M 2,615.00M 2,068.00M 2,278.00M 1,966.00M 746.00M 800.00M 796.00M 798.00M 3,513.00M 3,984.00M
Total Non-Current Liabilities 2,226.00M 2,348.00M 2,348.00M 1,693.00M 1,857.00M 1,328.00M 1,984.00M 2,372.00M 1,830.00M 1,852.00M 3,016.00M 2,916.00M 2,967.00M 2,078.00M 3,328.00M 2,904.00M 2,153.00M 2,390.00M 2,100.00M 2,178.00M 2,359.00M 1,641.00M 2,909.00M 3,897.00M 4,567.00M
Total Liabilities 3,569.00M 3,756.00M 3,756.00M 3,052.00M 3,841.00M 4,829.00M 4,775.00M 6,778.00M 4,016.00M 5,257.00M 5,962.00M 5,218.00M 6,141.00M 5,723.00M 7,800.00M 6,055.00M 4,252.00M 4,334.00M 4,115.00M 4,526.00M 5,352.00M 5,253.00M 6,565.00M 6,763.00M 7,573.00M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1,195.00M 1,088.00M 1,090.00M 1,066.00M 725.00M 811.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 445.00M 584.00M 584.00M 724.00M 863.00M 996.00M 1,228.00M 1,228.00M 1,228.00M 1,228.00M 1,228.00M 1,228.00M 1,228.00M 1,228.00M 1,094.00M 1,183.00M 921.00M 921.00M 921.00M 978.00M 1,035.00M 1,093.00M 1,151.00M 767.00M 767.00M
Retained Earnings 3,005.00M 3,031.00M 3,031.00M 2,686.00M 2,651.00M 2,510.00M 2,123.00M 1,719.00M 1,767.00M 1,459.00M 1,033.00M 841.00M 574.00M 654.00M 947.00M 754.00M 599.00M 468.00M 667.00M 709.00M 706.00M 793.00M 595.00M 0.00M 0.00M
Accumulated OCI -1,794.00M 0.00M 0.00M -1,644.00M -1,424.00M -1,399.00M -1,359.00M -1,256.00M -1,195.00M -1,088.00M -1,090.00M -1,066.00M -725.00M -811.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 168.00M 173.00M 173.00M 162.00M 172.00M 186.00M 139.00M 171.00M 172.00M 179.00M 85.00M 77.00M 124.00M 66.00M 86.00M 93.00M 47.00M 52.00M 50.00M 59.00M 60.00M 60.00M 56.00M 64.00M 63.00M
Total Shareholders’ Equity 1,656.00M 3,615.00M 3,615.00M 1,766.00M 2,090.00M 2,107.00M 1,992.00M 1,691.00M 2,995.00M 2,687.00M 2,261.00M 2,069.00M 1,802.00M 1,882.00M 2,041.00M 1,937.00M 1,520.00M 1,389.00M 1,588.00M 1,687.00M 1,741.00M 1,886.00M 1,746.00M 767.00M 767.00M
Total Equity 1,824.00M 3,788.00M 3,788.00M 1,928.00M 2,262.00M 2,293.00M 2,131.00M 1,862.00M 3,167.00M 2,866.00M 2,346.00M 2,146.00M 1,926.00M 1,948.00M 2,127.00M 2,030.00M 1,567.00M 1,441.00M 1,638.00M 1,746.00M 1,801.00M 1,946.00M 1,802.00M 831.00M 830.00M
Total Liabilities & Equity 5,393.00M 7,544.00M 7,544.00M 4,980.00M 6,103.00M 7,122.00M 6,906.00M 8,640.00M 7,183.00M 8,123.00M 8,308.00M 7,364.00M 8,067.00M 7,671.00M 9,927.00M 8,085.00M 5,819.00M 5,775.00M 5,753.00M 6,272.00M 7,153.00M 7,199.00M 8,367.00M 7,594.00M 8,403.00M
Tangible Assets 4,316.00M 4,598.00M 4,598.00M 4,400.00M 5,489.00M 4,935.00M 4,908.00M 5,325.00M 6,560.00M 6,650.00M 6,885.00M 6,381.00M 6,816.00M 6,988.00M 8,783.00M 6,142.00M 4,903.00M 4,664.00M 5,592.00M 6,725.00M 6,884.00M 6,692.00M 7,655.00M 6,293.00M 6,682.00M
Tangible Equity 325.00M 2,122.00M 2,122.00M 1,017.00M 1,265.00M 1,013.00M 893.00M 511.00M 1,485.00M 1,091.00M 646.00M 796.00M 439.00M 399.00M 543.00M 2,030.00M 1,298.00M 1,147.00M 1,355.00M 1,407.00M 1,466.00M 1,528.00M 1,397.00M 380.00M 341.00M
Tangible Book Value 325.00M 2,122.00M 2,122.00M 1,017.00M 1,265.00M 1,013.00M 893.00M 511.00M 1,485.00M 1,091.00M 646.00M 796.00M 439.00M 399.00M 543.00M 2,030.00M 1,298.00M 1,147.00M 1,355.00M 1,407.00M 1,466.00M 1,528.00M 1,397.00M 380.00M 341.00M
Total Investments 350.00M 487.00M 487.00M 540.00M 513.00M 408.00M 351.00M 466.00M 579.00M 558.00M 587.00M 663.00M 679.00M 635.00M 589.00M 591.00M 242.00M 292.00M 296.00M 311.00M 351.00M 329.00M 332.00M 312.00M 312.00M
Net Debt 1,555.00M 1,304.00M 1,304.00M 610.00M 831.00M 1,252.00M 1,085.00M 1,434.00M 1,390.00M 1,593.00M 1,822.00M 1,464.00M 1,443.00M 1,649.00M 2,104.00M -1,234.00M -476.00M -1,008.00M -88.00M 1,472.00M 1,556.00M 1,513.00M 1,418.00M 285.00M 374.00M

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
Working Capital 565.0M 677.0M 677.0M 629.0M 808.0M 569.0M 1,232.0M 1,322.0M 1,062.0M 908.0M 736.0M 1,011.0M 1,141.0M 1,109.0M 1,726.0M 752.0M 1,532.0M 1,579.0M 1,312.0M 1,278.0M 1,408.0M 697.0M 1,746.0M 1,200.0M 1,193.0M
Total Capital 3,959.0M 4,219.0M 4,219.0M 3,367.0M 3,805.0M 4,307.0M 4,264.0M 4,795.0M 5,038.0M 5,054.0M 5,326.0M 4,670.0M 4,800.0M 5,133.0M 6,430.0M 2,933.0M 1,999.0M 1,976.0M 2,205.0M 2,982.0M 4,372.0M 4,267.0M 5,153.0M 2,390.0M 2,006.0M
Capital Employed 4,266.0M 4,813.0M 4,813.0M 3,758.0M 4,326.0M 4,568.0M 4,874.0M 5,282.0M 5,703.0M 5,825.0M 5,562.0M 5,410.0M 5,700.0M 5,622.0M 6,368.0M 5,930.0M 3,959.0M 4,286.0M 4,087.0M 4,564.0M 4,792.0M 4,232.0M 5,223.0M 5,137.0M 5,544.0M
Invested Capital 3,645.0M 3,831.0M 3,831.0M 2,879.0M 3,411.0M 3,892.0M 3,527.0M 4,157.0M 4,205.0M 4,353.0M 4,283.0M 3,881.0M 4,052.0M 4,363.0M 5,058.0M 1,699.0M 1,283.0M 836.0M 1,849.0M 2,473.0M 3,929.0M 4,044.0M 3,676.0M 1,461.0M 1,288.0M

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 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
Net Income 231.00M 449.00M 280.00M 168.00M 116.00M 373.00M 799.00M 38.00M 356.00M 302.00M 263.00M 239.00M 217.00M 5.00M 238.00M 251.00M 191.00M -8.00M -48.00M 71.00M 376.00M 353.00M 110.00M 173.00M -639.00M
Depreciation & Amortization 486.00M 532.00M 247.00M 236.00M 276.00M 267.00M 269.00M 330.00M 325.00M 301.00M 265.00M 257.00M 282.00M 284.00M 316.00M 258.00M 205.00M 225.00M 253.00M 273.00M 507.00M 342.00M 385.00M 560.00M 1,395.00M
Deferred Income Tax -19.00M 32.00M 0.00M -11.00M 14.00M 18.00M 16.00M 20.00M -24.00M 0.00M -44.00M 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
Stock-Based Compensation 0.00M 10.00M 0.00M 5.00M 8.00M 12.00M -11.00M -4.00M -3.00M 9.00M 9.00M 15.00M 15.00M 19.00M 29.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -84.00M -114.00M -128.00M -2.00M -143.00M -305.00M -57.00M 96.00M -55.00M -230.00M -18.00M -68.00M -249.00M -294.00M -77.00M -213.00M 391.00M 743.00M -63.00M 116.00M -89.00M 51.00M 566.00M -100.00M 108.00M
Accounts Receivable 24.00M -75.00M -47.00M 94.00M -40.00M -191.00M 47.00M -23.00M 71.00M -101.00M -80.00M -79.00M -73.00M -163.00M -46.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory -24.00M -233.00M -9.00M 66.00M -179.00M -226.00M 84.00M -13.00M -156.00M -125.00M -20.00M -28.00M -116.00M -111.00M -97.00M -152.00M -78.00M 460.00M -136.00M 39.00M -156.00M -137.00M 15.00M -19.00M -21.00M
Accounts Payable -88.00M 223.00M 0.00M -200.00M 77.00M 196.00M -58.00M -19.00M 121.00M 38.00M 17.00M 39.00M 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 4.00M -36.00M -72.00M 38.00M -1.00M -84.00M -130.00M 151.00M 101.00M -105.00M 2.00M -40.00M -133.00M -183.00M 20.00M -61.00M 469.00M 283.00M 73.00M 77.00M 67.00M 188.00M 551.00M -81.00M 129.00M
Other Non-Cash Items 317.00M 246.00M 19.00M 28.00M 231.00M -2.00M -647.00M 29.00M -96.00M 55.00M 136.00M 74.00M 84.00M 306.00M -9.00M -90.00M -145.00M -203.00M 249.00M 80.00M -510.00M -537.00M -242.00M -298.00M -113.00M
Net Cash from Operating Activities 841.00M 891.00M 418.00M 424.00M 502.00M 363.00M 369.00M 509.00M 530.00M 428.00M 646.00M 502.00M 334.00M 301.00M 468.00M 206.00M 642.00M 757.00M 391.00M 540.00M 284.00M 209.00M 819.00M 335.00M 751.00M
Capital Expenditures (PPE) -400.00M -513.00M -207.00M -204.00M -212.00M -360.00M -299.00M -289.00M -257.00M -279.00M -336.00M -401.00M -323.00M -319.00M -352.00M -387.00M -242.00M -170.00M -291.00M -320.00M -332.00M -326.00M -269.00M -305.00M -344.00M
Acquisitions (Net) -715.00M -56.00M -729.00M 7.00M 67.00M -89.00M 1,314.00M 15.00M 100.00M 110.00M -355.00M 52.00M 71.00M -17.00M 0.00M -1,130.00M 4.00M 40.00M -11.00M 15.00M -12.00M 38.00M 26.00M 368.00M 252.00M
Purchases of Investments -130.00M -334.00M -1.00M -27.00M -303.00M -5.00M -2.00M -289.00M -4.00M -10.00M -124.00M -27.00M -30.00M -7.00M -257.00M -15.00M -3.00M -6.00M -17.00M -15.00M -4.00M -4.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments -63.00M 503.00M 105.00M 159.00M 131.00M 254.00M 48.00M -2.00M 15.00M 238.00M 69.00M 7.00M 168.00M 126.00M 0.00M 79.00M 12.00M 19.00M 17.00M 48.00M 39.00M 49.00M 0.00M 0.00M 0.00M
Other Investing Activities 120.00M 884.00M 27.00M 110.00M 457.00M 57.00M 22.00M 311.00M 14.00M 6.00M -26.00M 34.00M 145.00M 317.00M 17.00M 712.00M -732.00M 3.00M 121.00M 665.00M 46.00M -7.00M 371.00M 58.00M 129.00M
Net Cash from Investing Activities -1,188.00M 196.00M -805.00M 45.00M 140.00M -143.00M 1,083.00M -254.00M -132.00M 65.00M -772.00M -335.00M 31.00M 100.00M -592.00M -741.00M -961.00M -114.00M -181.00M 393.00M -263.00M -250.00M 128.00M 121.00M 37.00M
Net Debt Issuance 41.00M -860.00M 608.00M -163.00M -451.00M -221.00M -239.00M -160.00M -4.00M -640.00M 606.00M 147.00M -206.00M -725.00M 548.00M 845.00M 28.00M 132.00M -263.00M -9.00M 268.00M -1,158.00M -1,242.00M -245.00M -456.00M
Long-Term Debt Issuance 172.00M -860.00M 608.00M -112.00M -398.00M -162.00M -184.00M -102.00M -4.00M -640.00M 606.00M 147.00M -206.00M -725.00M 548.00M 845.00M 28.00M 132.00M -263.00M -9.00M 1,997.00M -1,158.00M -1,242.00M -454.00M -539.00M
Short-Term Debt Issuance -131.00M 0.00M 0.00M -51.00M -53.00M -59.00M -55.00M -58.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -1,729.00M 0.00M 0.00M 209.00M 83.00M
Net Stock Issuance -14.00M -22.00M -14.00M -8.00M -8.00M -16.00M -1.00M -10.00M 0.00M 0.00M 7.00M 34.00M 8.00M -17.00M -140.00M 205.00M -79.00M -12.00M -63.00M -65.00M -62.00M -66.00M 893.00M 5.00M -83.00M
Common Stock Issuance 0.00M -32.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 82.00M 22.00M 55.00M 28.00M 32.00M 4.00M 357.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 893.00M 0.00M 0.00M
Common Stock Repurchased -14.00M -22.00M -14.00M -8.00M -8.00M -16.00M -1.00M -10.00M 0.00M 0.00M -15.00M -21.00M -20.00M -17.00M -144.00M -69.00M -79.00M -12.00M -63.00M -65.00M -62.00M -66.00M 0.00M 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 -32.00M 0.00M -83.00M 0.00M 0.00M 0.00M 0.00M -124.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -277.00M -500.00M -139.00M -138.00M -132.00M -230.00M -989.00M -181.00M -165.00M -148.00M -129.00M -129.00M -115.00M -105.00M -15.00M 0.00M 0.00M 0.00M -5.00M -9.00M 0.00M 0.00M -37.00M 0.00M -46.00M
Common Dividends Paid -415.00M -500.00M -139.00M -138.00M -132.00M -230.00M -989.00M -181.00M -165.00M -148.00M -129.00M -129.00M -115.00M -105.00M -15.00M 0.00M 0.00M 0.00M -5.00M -9.00M 7.00M 0.00M -37.00M 0.00M -46.00M
Preferred Dividends Paid 138.00M 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 Financing Activities 643.00M -70.50M -178.00M -47.00M -61.00M -71.00M -97.00M -89.00M -77.00M -38.00M -73.00M -136.00M -90.00M -127.00M -88.00M -17.00M -11.00M 20.00M 0.00M 166.00M -14.00M -5.00M 0.00M 0.00M 0.00M
Net Cash from Financing Activities 393.00M -1,547.00M 277.00M -356.00M -652.00M -538.00M -1,326.00M -440.00M -246.00M -826.00M 411.00M -84.00M -403.00M -974.00M 305.00M 1,033.00M -62.00M 140.00M -331.00M 83.00M 199.00M -1,229.00M -386.00M -240.00M -585.00M
Effect of FX on Cash -16.00M -18.50M 10.00M -19.00M -11.00M -4.00M -27.00M -10.00M -20.00M -9.00M -31.00M -42.00M 16.00M -29.00M -8.00M -15.00M -43.00M 1.00M -32.00M 2.00M 0.00M 16.00M -13.00M -5.00M -29.00M
Net Change in Cash 10.00M 317.00M -100.00M 94.00M -21.00M -322.00M 99.00M -195.00M 132.00M -342.00M 254.00M 41.00M -22.00M -602.00M 173.00M 483.00M -424.00M 784.00M -153.00M 66.00M 220.00M -1,254.00M 548.00M 211.00M 174.00M
Cash at Beginning of Period 1,530.00M 1,544.00M 488.00M 394.00M 415.00M 737.00M 638.00M 833.00M 701.00M 1,043.00M 789.00M 748.00M 770.00M 1,372.00M 1,199.00M 716.00M 1,140.00M 356.00M 509.00M 443.00M 223.00M 1,477.00M 929.00M 718.00M 544.00M
Cash at End of Period 1,559.00M 1,446.00M 388.00M 488.00M 394.00M 415.00M 737.00M 638.00M 833.00M 701.00M 1,043.00M 789.00M 748.00M 770.00M 1,372.00M 1,199.00M 716.00M 1,140.00M 356.00M 509.00M 443.00M 223.00M 1,477.00M 929.00M 718.00M
Operating Cash Flow 865.00M 891.00M 418.00M 421.00M 502.00M 363.00M 369.00M 509.00M 530.00M 428.00M 646.00M 502.00M 334.00M 301.00M 468.00M 206.00M 642.00M 757.00M 391.00M 540.00M 284.00M 209.00M 819.00M 335.00M 751.00M
Capital Expenditure -399.00M -512.00M -209.00M -207.00M -212.00M -360.00M -299.00M -289.00M -257.00M -279.00M -336.00M -401.00M -323.00M -319.00M -352.00M -387.00M -242.00M -170.00M -291.00M -320.00M -332.00M -326.00M -269.00M -305.00M -344.00M
Free Cash Flow 466.00M 379.00M 209.00M 214.00M 290.00M 3.00M 70.00M 220.00M 273.00M 149.00M 310.00M 101.00M 11.00M -18.00M 116.00M -181.00M 400.00M 587.00M 100.00M 220.00M -48.00M -117.00M 550.00M 30.00M 407.00M

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 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
EBITDA 1,072.00M 1,608.00M 632.00M 589.00M 307.00M 666.00M 525.00M 462.00M 741.00M 694.00M 691.00M 776.00M 792.00M 795.00M 772.00M 874.00M 880.00M 470.00M 1,962.00M 2,159.00M 2,392.00M 2,126.00M 2,257.00M 2,434.00M 3,429.00M
(-) Tax Adjustment 375.20M 492.34M 153.73M 13.51M 107.45M 172.42M 183.75M 161.70M 173.70M 214.39M 153.33M 188.83M 277.20M 50.70M 109.84M 217.19M 188.31M 0.00M 686.70M 755.65M 837.20M 539.07M 789.95M 851.90M 0.00M
(-) Change In Working Capital -84.00M -114.00M -128.00M -2.00M -143.00M -305.00M -57.00M 96.00M -55.00M -230.00M -18.00M -68.00M -249.00M -294.00M -77.00M -213.00M 391.00M 743.00M -63.00M 116.00M -89.00M 51.00M 566.00M -100.00M 108.00M
(-) Capital Expenditure -399.00M -512.00M -209.00M -207.00M -212.00M -360.00M -299.00M -289.00M -257.00M -279.00M -336.00M -401.00M -323.00M -319.00M -352.00M -387.00M -242.00M -170.00M -291.00M -320.00M -332.00M -326.00M -269.00M -305.00M -344.00M
Unlevered Free Cash Flow 381.80M 717.66M 397.27M 370.49M 130.55M 438.58M 99.25M -84.70M 365.30M 430.61M 219.67M 254.17M 440.80M 719.30M 387.16M 482.81M 58.69M -443.00M 1,047.30M 967.35M 1,311.80M 1,209.93M 632.05M 1,377.10M 2,977.00M
(-) Net Interest Income After Taxes -100.10M -29.14M -31.78M -33.22M -29.90M -35.57M -35.10M -46.15M -53.59M -45.61M -69.25M -61.29M -96.85M -119.84M -155.25M -81.16M -96.68M -101.00M -89.70M -66.30M -53.30M -77.63M -88.40M -178.75M -248.00M
Net Debt Issuance 41.00M -860.00M 608.00M -163.00M -451.00M -221.00M -239.00M -160.00M -4.00M -640.00M 606.00M 147.00M -206.00M -725.00M 548.00M 845.00M 28.00M 132.00M -263.00M -9.00M 268.00M -1,158.00M -1,242.00M -245.00M -456.00M
Levered Free Cash Flow 522.90M -113.20M 1,037.05M 240.71M -290.55M 253.16M -104.65M -198.55M 414.89M -163.78M 894.92M 462.46M 331.65M 114.14M 1,090.41M 1,408.97M 183.37M -210.00M 874.00M 1,024.65M 1,633.10M 129.56M -521.55M 1,310.85M 2,769.00M