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Page: Company Financials

Tehmag Foods Corporation

Ticker: 1264.TWO | Industry: Packaged Foods | Sector: Consumer Defensive
$278.50 +0.50 (0.18%)
As of: 2026-01-27

Master Data Export

Enterprise Value

Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Stock Price 313.50 312.63 284.00 262.88 279.88 199.32 200.34 191.14 205.22 159.71 166.53 206.71 233.28
Market Capitalization 11,619.02M 11,583.67M 10,533.60M 9,741.97M 10,371.32M 7,385.07M 7,425.54M 7,086.28M 7,601.86M 6,064.58M 5,994.40M 7,007.32M 7,754.44M
(-) Cash & Equivalents 815.15M 805.82M 639.52M 769.27M 756.01M 794.52M 1,130.10M 949.68M 890.33M 703.84M 503.76M 238.31M 235.69M
(+) Total Debt 355.40M 368.12M 154.58M 218.56M 190.55M 113.43M 48.74M 12.45M 15.47M 54.85M 210.88M 144.99M 4.48M
Enterprise Value 11,159.27M 11,145.97M 10,048.65M 9,191.26M 9,805.85M 6,703.98M 6,344.18M 6,149.05M 6,727.00M 5,415.59M 5,701.52M 6,914.00M 7,523.22M

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
Revenue 6,957M 6,240M 6,806M 5,838M 5,341M 4,948M 4,375M 4,076M 3,958M 3,675M 3,794M 3,889M 3,483M 2,031M 1,863M 1,568M
Cost of Revenue 4,696M 4,214M 4,603M 3,903M 3,497M 3,155M 2,804M 2,560M 2,492M 2,289M 2,360M 2,497M 2,236M 1,282M 1,186M 1,000M
Gross Profit 2,261M 2,026M 2,203M 1,936M 1,844M 1,793M 1,571M 1,516M 1,466M 1,386M 1,433M 1,392M 1,247M 749M 677M 568M
Gross Profit Margin 32.5% 32.5% 32.4% 33.2% 34.5% 36.2% 35.9% 37.2% 37.0% 37.7% 37.8% 35.8% 35.8% 36.9% 36.3% 36.2%
R&D Expenses 75M 73M 76M 66M 55M 51M 45M 48M 43M 39M 40M 50M 44M 25M 25M 22M
SG&A Expenses 1,008M 912M 988M 871M 822M 798M 719M 733M 730M 679M 745M 792M 739M 360M 334M 271M
Operating Expenses 1,083M 987M 1,064M 942M 878M 845M 767M 781M 776M 718M 784M 842M 783M 384M 358M 293M
Operating Income (EBIT) 1,178M 1,039M 1,139M 993M 967M 949M 804M 735M 690M 668M 649M 550M 464M 365M 319M 275M
Operating Income Margin 16.9% 16.6% 16.7% 17.0% 18.1% 19.2% 18.4% 18.0% 17.4% 18.2% 17.1% 14.1% 13.3% 18.0% 17.1% 17.6%
Interest Income 10M 20M 13M 18M 12M 12M 13M 12M 0M 0M 0M 0M 0M 0M 0M 0M
Interest Expense 6M 4M 6M 3M 4M 3M 3M 2M 1M 1M 5M 10M 10M 0M 1M 1M
Net Interest Income 4M 16M 7M 15M 8M 9M 10M 10M -1M -1M -5M -10M -10M 0M -1M -1M
Unusual Items 5M 14M 19M 5M -27M -7M 11M -3M 15M -6M 2M -1M 21M 10M 4M 5M
EBT Excluding Unusual Items 1,182M 1,055M 1,146M 1,008M 974M 957M 814M 745M 690M 667M 644M 540M 454M 365M 318M 275M
Pre-Tax Income 1,187M 1,070M 1,165M 1,013M 947M 950M 825M 742M 705M 661M 646M 539M 475M 374M 322M 280M
Pre-Tax Margin 17.1% 17.1% 17.1% 17.4% 17.7% 19.2% 18.9% 18.2% 17.8% 18.0% 17.0% 13.9% 13.6% 18.4% 17.3% 17.8%
Income Tax Expense 284M 245M 273M 239M 216M 228M 189M 169M 173M 146M 133M 104M 112M 87M 81M 56M
Net Income 771M 713M 761M 676M 633M 600M 539M 473M 447M 452M 446M 399M 320M 281M 236M 221M
Net Income Margin 11.1% 11.4% 11.2% 11.6% 11.9% 12.1% 12.3% 11.6% 11.3% 12.3% 11.7% 10.3% 9.2% 13.8% 12.7% 14.1%
Depreciation & Amortization 88M 86M 87M 89M 85M 80M 76M 73M 48M 42M 34M 31M 27M 13M 11M 7M
EBITDA 1,266M 1,125M 1,226M 1,082M 1,051M 1,028M 880M 808M 739M 710M 683M 581M 491M 378M 330M 282M
EBITDA Margin 18.2% 18.0% 18.0% 18.5% 19.7% 20.8% 20.1% 19.8% 18.7% 19.3% 18.0% 14.9% 14.1% 18.6% 17.7% 18.0%
NOPAT 897M 801M 872M 759M 746M 721M 620M 567M 521M 520M 516M 444M 354M 281M 239M 220M
NOPAT Margin 12.9% 12.8% 12.8% 13.0% 14.0% 14.6% 14.2% 13.9% 13.2% 14.1% 13.6% 11.4% 10.2% 13.8% 12.8% 14.1%
Owner's Earnings 468M 505M 259M 722M 587M 564M 519M 413M 479M 406M 373M 300M 225M 148M 199M 166M
Owner's Earnings Margin 6.7% 8.1% 3.8% 12.4% 11.0% 11.4% 11.9% 10.1% 12.1% 11.0% 9.8% 7.7% 6.4% 7.3% 10.7% 10.6%
EPS (Basic) 20.81 19.24 20.55 18.24 17.09 16.19 14.55 12.75 12.06 12.19 12.02 11.02 9.44 9.03 8.46 8.29
EPS (Diluted) 20.78 19.21 20.51 18.20 17.06 16.16 14.52 12.73 12.04 12.16 11.98 10.97 9.38 8.94 8.45 8.28
Shares (Basic) 37M 37M 37M 37M 37M 37M 37M 37M 37M 37M 37M 36M 34M 31M 28M 27M
Shares (Diluted) 37M 37M 37M 37M 37M 37M 37M 37M 37M 37M 37M 36M 34M 31M 28M 27M

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
Cash & Cash Equivalents 667.99M 962.31M 794.62M 654.48M 689.07M 858.66M 884.30M 1,094.89M 1,007.97M 861.06M 766.61M 643.73M 321.02M 471.39M 104.22M 102.81M
Short-Term Investments 123.16M 160.48M 112.41M 334.50M 309.87M 0.45M 88.00M 0.00M 0.45M 0.45M 54.74M 163.70M 35.02M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 791.15M 1,122.79M 907.03M 988.99M 998.94M 859.11M 972.29M 1,094.89M 1,008.42M 861.51M 821.36M 807.43M 356.04M 471.39M 104.22M 102.81M
Net Receivables 987.58M 974.64M 1,216.36M 1,102.55M 1,111.36M 1,015.82M 856.14M 743.85M 2.68M 1.58M 801.47M 833.70M 786.80M 368.73M 393.30M 356.45M
Inventory 1,033.19M 935.53M 959.16M 838.13M 712.84M 512.04M 464.45M 529.50M 459.02M 516.37M 387.17M 450.40M 435.33M 225.67M 233.80M 149.72M
Other Current Assets 0.01M 0.54M 0.00M 1.14M 14.57M 5.60M 3.37M 112.07M 777.49M 764.34M 0.00M 0.00M 0.00M 0.47M 1.57M 1.79M
Total Current Assets 2,811.93M 3,033.50M 3,082.55M 2,930.81M 2,837.70M 2,392.57M 2,296.25M 2,480.30M 2,247.62M 2,143.80M 2,010.00M 2,091.53M 1,578.17M 1,066.26M 732.89M 610.77M
Property, Plant & Equipment 2,140.57M 2,181.12M 2,171.26M 1,592.51M 1,679.68M 1,086.98M 1,020.10M 973.08M 733.03M 761.13M 702.12M 644.89M 548.77M 361.97M 212.53M 172.91M
Goodwill 2.15M 2.43M 2.40M 2.25M 2.25M 2.03M 2.08M 2.19M 2.25M 2.18M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 3.95M 3.86M 3.51M 1.94M 2.06M 3.04M 3.63M 2.95M 3.93M 5.01M 6.43M 4.34M 4.08M 3.83M 2.71M 2.00M
Long-Term Investments 122.89M 134.90M 97.29M 23.75M -286.71M 103.93M 2.49M 1.38M 1.41M 0.00M -54.47M -163.06M -33.63M 0.00M 6.68M 3.27M
Tax Assets 63.20M 30.39M 34.28M 43.54M 38.13M 47.08M 45.63M 44.61M 37.20M 33.68M 29.43M 20.66M 14.94M 3.29M 1.16M 0.15M
Other Non-Current Assets 41.42M 38.45M 35.94M 7.33M 336.04M 502.43M 556.58M 14.19M 129.30M 87.91M 147.31M 284.07M 136.52M 11.91M 5.76M 2.69M
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
Total Non-Current Assets 2,374.17M 2,391.15M 2,344.68M 1,671.33M 1,771.44M 1,745.49M 1,630.51M 1,038.40M 907.11M 889.90M 830.81M 790.91M 670.68M 381.00M 228.84M 181.01M
Total Assets 5,186.10M 5,424.65M 5,427.23M 4,602.14M 4,609.14M 4,138.06M 3,926.76M 3,518.69M 3,154.73M 3,033.70M 2,840.81M 2,882.43M 2,248.85M 1,447.26M 961.73M 791.78M
Accounts Payable 195.94M 190.15M 229.00M 226.80M 216.70M 212.53M 138.90M 137.99M 136.07M 133.75M 161.33M 161.22M 177.06M 64.12M 71.80M 29.98M
Short-Term Debt 202.68M 352.27M 482.45M 152.90M 242.38M 153.28M 242.24M 1.75M 8.14M 2.14M 2.32M 184.74M 203.21M 0.00M 0.10M 42.49M
Tax Payables 135.89M 155.41M 119.99M 134.58M 140.77M 128.26M 106.20M 118.55M 92.37M 90.50M 65.02M 52.25M 49.50M 49.26M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 31.38M 21.06M 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 19.01M 24.33M 117.99M 198.79M 210.69M 176.98M 150.23M 168.62M 14.42M 14.07M 10.94M 17.87M 16.03M 17.89M 40.40M 156.65M
Total Current Liabilities 553.52M 722.15M 980.82M 734.14M 810.53M 671.05M 637.57M 426.92M 251.00M 240.46M 239.61M 416.08M 445.80M 131.27M 112.29M 229.12M
Long-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 12.60M 16.80M 18.83M 23.16M 8.95M 0.00M 0.00M
Capital Lease Obligations 73.65M 82.21M 81.82M 67.84M 70.63M 49.79M 52.25M 56.11M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 27.30M 45.40M 42.51M 21.38M 27.63M 27.06M 35.97M 35.27M 34.71M 27.02M 23.04M 18.76M 19.32M 10.73M 6.31M 2.28M
Other Non-Current Liabilities 6.01M 6.37M 6.17M 7.54M 9.52M 12.94M 12.81M 14.45M 17.14M 20.65M 24.23M 4.63M 3.34M 2.85M 1.46M 0.03M
Total Non-Current Liabilities 106.96M 133.97M 130.50M 96.76M 107.77M 89.79M 101.03M 105.83M 51.85M 60.28M 64.07M 42.22M 45.83M 22.53M 7.77M 2.31M
Total Liabilities 660.48M 856.12M 1,111.31M 830.90M 918.30M 760.83M 738.60M 532.75M 302.85M 300.74M 303.68M 458.30M 491.63M 153.80M 120.07M 231.42M
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
Common Stock 370.52M 370.64M 370.64M 370.64M 370.64M 370.64M 336.96M 336.96M 336.96M 336.96M 306.33M 306.33M 280.14M 254.67M 209.50M 209.50M
Retained Earnings 1,586.70M 1,429.76M 1,774.36M 1,612.61M 1,408.51M 1,293.78M 1,155.10M 1,051.20M 995.83M 956.69M 875.27M 822.91M 762.26M 674.79M 483.58M 269.88M
Accumulated OCI 0.00M 0.00M 636.59M 496.38M 484.36M 371.80M 330.72M 266.40M 0.00M 0.00M 0.00M 0.83M 8.84M 0.00M 25.41M 5.02M
Minority Interest 704.09M 847.50M 806.03M 714.99M 706.93M 666.07M 633.52M 535.06M 463.98M 391.85M 347.81M 303.42M 276.02M 21.07M 15.49M 11.01M
Total Shareholders’ Equity 1,957.22M 1,800.40M 2,781.59M 2,479.63M 2,263.51M 2,036.22M 1,822.78M 1,654.56M 1,332.79M 1,293.65M 1,181.60M 1,130.07M 1,051.24M 929.46M 718.49M 484.40M
Total Equity 2,661.32M 2,647.90M 3,587.61M 3,194.62M 2,970.44M 2,702.29M 2,456.30M 2,189.61M 1,796.77M 1,685.51M 1,529.41M 1,433.49M 1,327.26M 950.53M 733.97M 495.41M
Total Liabilities & Equity 3,321.79M 3,504.02M 4,698.92M 4,025.52M 3,888.74M 3,463.12M 3,194.90M 2,722.36M 2,099.61M 1,986.25M 1,833.09M 1,891.79M 1,818.89M 1,104.33M 854.04M 726.83M
Tangible Assets 5,180.01M 5,418.36M 5,421.33M 4,597.95M 4,604.84M 4,132.99M 3,921.05M 3,513.55M 3,148.55M 3,026.52M 2,834.38M 2,878.10M 2,244.77M 1,443.44M 959.02M 789.78M
Tangible Equity 2,655.23M 2,641.61M 3,581.71M 3,190.43M 2,966.14M 2,697.22M 2,450.59M 2,184.47M 1,790.60M 1,678.32M 1,522.98M 1,429.15M 1,323.18M 946.70M 731.26M 493.41M
Tangible Book Value 2,655.23M 2,641.61M 3,581.71M 3,190.43M 2,966.14M 2,697.22M 2,450.59M 2,184.47M 1,790.60M 1,678.32M 1,522.98M 1,429.15M 1,323.18M 946.70M 731.26M 493.41M
Total Investments 246.05M 295.38M 209.71M 23.75M 23.15M 104.38M 90.49M 1.38M 1.86M 0.45M 0.27M 0.64M 1.39M 3.25M 6.68M 3.27M
Net Debt -465.32M -610.05M -312.17M -501.58M -446.69M -705.39M -642.06M -1,093.14M -999.84M -846.32M -747.49M -440.17M -94.65M -462.43M -104.12M -60.32M

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
Working Capital 1,589.9M 1,682.8M 2,009.1M 2,185.7M 1,946.1M 1,698.0M 1,609.5M 1,939.8M 1,887.7M 1,748.8M 1,630.4M 1,533.9M 1,045.4M 906.1M 541.4M 345.2M
Total Capital 3,462.0M 3,564.0M 4,017.2M 3,371.8M 3,247.3M 2,910.1M 2,821.7M 2,419.3M 2,287.1M 2,201.3M 2,068.5M 2,182.7M 1,620.6M 1,252.4M 747.1M 555.4M
Capital Employed 3,964.0M 4,074.0M 4,353.8M 3,936.0M 3,717.5M 3,443.5M 3,240.0M 2,978.2M 2,794.8M 2,638.7M 2,461.2M 2,324.8M 1,716.0M 1,287.1M 770.2M 526.2M
Invested Capital 2,794.0M 2,601.7M 3,222.6M 2,717.3M 2,558.2M 2,051.4M 1,937.4M 1,324.4M 1,279.2M 1,340.2M 1,301.9M 1,539.0M 1,299.5M 781.1M 642.9M 452.6M

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
Net Income 1,186.74M 887.34M 761.41M 675.76M 946.91M 599.73M 539.07M 741.62M 704.78M 660.74M 645.98M 538.82M 474.68M 374.47M 235.81M 221.12M
Depreciation & Amortization 86.82M 88.50M 87.07M 89.10M 84.66M 79.64M 75.64M 72.83M 48.43M 42.18M 33.58M 31.03M 26.74M 13.17M 11.49M 6.87M
Deferred Income Tax 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 3.59M 0.26M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.02M 0.00M 0.01M 0.00M 0.00M
Change in Working Capital -75.03M -327.03M -205.62M -181.79M -243.34M -136.52M -18.99M -41.87M -28.51M -102.95M 56.24M -63.54M -102.28M 6.42M -32.09M -123.63M
Accounts Receivable 25.14M 45.58M -107.85M -11.29M 0.00M 0.00M 0.00M 0.00M -20.02M 34.00M 10.76M -67.59M -124.80M 25.33M -41.20M -82.06M
Inventory -178.69M -115.63M -102.94M -139.56M -195.07M -51.60M 64.79M 0.00M 50.72M -124.77M 49.24M -33.70M -93.94M 10.99M -85.04M -70.83M
Accounts Payable 5.54M -12.00M -3.94M 12.61M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 42.03M 0.90M
Other Working Capital 72.97M -216.18M 9.11M -43.02M -48.27M -84.92M -83.78M -41.87M -59.21M -12.17M -3.77M 37.75M 116.46M -29.90M 52.12M 28.36M
Other Non-Cash Items -220.95M -37.38M 154.80M 103.76M -176.67M 147.70M 87.03M -131.18M -143.34M -112.80M -92.63M -66.00M -123.26M -76.25M 8.79M 16.22M
Net Cash from Operating Activities 977.58M 611.43M 797.65M 686.75M 611.57M 684.06M 682.75M 641.41M 581.36M 487.18M 643.18M 440.32M 275.88M 317.83M 227.59M 120.83M
Capital Expenditures (PPE) -387.00M -293.20M -586.42M -43.13M -137.29M -115.23M -95.48M -132.58M -15.00M -87.02M -101.72M -127.33M -120.28M -143.30M -53.68M -63.42M
Acquisitions (Net) 0.00M 1.45M 0.00M 0.77M 0.00M -12.60M 0.00M 0.00M -2.00M -9.79M 0.00M 0.00M -98.67M -5.10M 0.08M 8.31M
Purchases of Investments -193.22M -209.99M -178.16M -338.66M -212.49M -181.09M -633.27M -2.78M 0.00M 0.00M 0.00M -128.80M -35.02M 0.00M -3.46M -0.24M
Sales / Maturities of Investments 135.91M 392.69M 415.13M 312.00M 3.17M 248.96M 0.00M 0.00M 0.00M 54.29M 108.96M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities 0.29M -38.76M -27.01M 0.22M -8.07M -29.88M 7.64M 9.37M -54.10M -1.23M 5.04M -23.14M -14.92M -22.82M 0.00M 0.00M
Net Cash from Investing Activities -444.02M -149.11M -376.46M -69.55M -354.69M -89.83M -721.11M -125.99M -71.10M -43.74M 12.28M -279.27M -268.90M -171.21M -57.06M -55.35M
Net Debt Issuance 100.00M 100.06M 330.00M -89.48M 90.00M -88.93M 240.00M -6.47M -8.29M -4.43M -178.41M -15.40M 96.36M 8.85M -42.39M -35.98M
Long-Term Debt Issuance -9.14M -35.85M -36.36M -34.70M 0.94M -26.37M -0.53M -6.47M -8.29M -4.43M -0.98M 1.28M 14.25M 8.95M 0.00M 0.00M
Short-Term Debt Issuance 100.00M 100.25M 330.00M -89.48M 89.06M -88.93M 240.53M 0.00M 0.00M 0.00M -176.93M -16.68M 82.10M -0.10M -42.39M -35.98M
Net Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -2.43M 0.00M 0.00M 0.00M 0.00M 500.35M 0.00M 280.05M 0.00M 38.00M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 500.35M 0.00M 280.05M 0.00M 38.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -2.43M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 0.00M 0.00M 0.00M
Net Dividends Paid -518.73M -444.63M -518.73M -444.63M -444.63M -404.21M -370.66M -370.66M -353.81M -306.33M -336.96M -306.33M -178.27M -62.85M -0.55M -0.19M
Common Dividends Paid -518.73M -444.63M -518.73M -444.63M -444.63M -404.21M -370.66M -370.66M -353.81M -306.33M -336.96M -306.33M -178.27M -62.85M -0.55M -0.19M
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 0.00M 0.00M 0.00M
Other Financing Activities -130.24M -112.53M -112.94M -114.24M -103.96M -113.80M -35.34M -28.08M 0.93M -21.37M -7.40M -13.16M -84.06M -0.68M -123.90M -19.59M
Net Cash from Financing Activities -548.98M -456.37M -301.67M -648.35M -458.58M -606.94M -168.42M -405.20M -361.17M -332.13M -522.77M 165.47M -165.97M 225.37M -166.83M -17.76M
Effect of FX on Cash -52.72M 24.34M 20.62M -3.44M 32.12M -12.93M -3.81M -23.31M -2.19M -16.86M -9.81M -3.79M 8.62M -4.81M 0.00M 0.00M
Net Change in Cash -68.13M 30.29M 140.14M -34.59M -169.59M -25.63M -210.59M 86.92M 146.91M 94.45M 122.88M 322.72M -150.37M 367.17M 0.00M 0.00M
Cash at Beginning of Period 3,155.78M 2,875.33M 654.48M 689.07M 858.66M 884.30M 1,094.89M 1,007.97M 861.06M 766.61M 643.73M 321.02M 471.39M 104.22M 102.81M 0.00M
Cash at End of Period 3,087.65M 2,905.62M 794.62M 654.48M 689.07M 858.66M 884.30M 1,094.89M 1,007.97M 861.06M 766.61M 643.73M 321.02M 471.39M 104.22M 102.81M
Operating Cash Flow 977.58M 611.43M 797.65M 686.75M 611.57M 684.06M 682.75M 641.41M 581.36M 487.18M 643.18M 440.32M 275.88M 317.83M 227.59M 120.83M
Capital Expenditure -391.18M -294.56M -589.69M -43.13M -131.26M -115.23M -95.48M -132.58M -16.31M -88.26M -106.37M -129.75M -121.98M -146.13M -48.71M -62.05M
Free Cash Flow 586.41M 316.87M 207.96M 643.62M 480.31M 568.83M 587.27M 507.92M 565.05M 398.92M 536.81M 310.57M 153.90M 171.69M 178.88M 58.78M

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
EBITDA 1,266.00M 1,127.38M 1,226.44M 1,087.60M 1,051.20M 1,024.34M 882.34M 807.56M 741.56M 709.69M 682.69M 580.72M 491.13M 378.40M 330.06M 282.04M
(-) Tax Adjustment 302.44M 258.18M 287.79M 256.82M 239.51M 246.03M 202.03M 184.57M 181.54M 157.33M 140.14M 111.83M 116.21M 87.54M 82.95M 56.05M
(-) Change In Working Capital -75.03M -327.03M -205.62M -181.79M -243.34M -136.52M -18.99M -41.87M -28.51M -102.95M 56.24M -63.54M -102.28M 6.42M -32.09M -123.63M
(-) Capital Expenditure -391.18M -294.56M -589.69M -43.13M -131.26M -115.23M -95.48M -132.58M -16.31M -88.26M -106.37M -129.75M -121.98M -146.13M -48.71M -62.05M
Unlevered Free Cash Flow 647.41M 901.68M 554.58M 969.44M 923.77M 799.60M 603.83M 532.29M 572.22M 567.04M 379.93M 402.68M 355.22M 138.31M 230.48M 287.57M
(-) Net Interest Income After Taxes 3.02M 12.60M 5.22M 11.09M 5.87M 6.74M 7.69M 7.67M -0.49M -0.59M -4.05M -8.11M -7.82M -0.33M -0.54M -0.43M
Net Debt Issuance 100.00M 100.06M 330.00M -89.48M 90.00M -88.93M 240.00M -6.47M -8.29M -4.43M -178.41M -15.40M 96.36M 8.85M -42.39M -35.98M
Levered Free Cash Flow 744.40M 989.13M 879.36M 868.87M 1,007.91M 703.93M 836.14M 518.14M 564.43M 563.21M 205.57M 395.39M 459.40M 147.49M 188.64M 252.01M