Page: Company Financials
Nippon Air conditioning Services Co., Ltd.
$1,459.00
+6.00 (0.41%)
As of: 2026-01-28
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 1,059.50 | 1,025.50 | 767.25 | 751.75 | 767.25 | 724.00 | 734.50 | 782.75 | 712.00 | 576.00 | 532.13 | 393.25 | 233.75 | 184.56 | 182.19 | 182.19 | 181.69 | 188.38 |
| Market Capitalization | 36,767.35M | 35,471.78M | 26,316.87M | 25,793.05M | 26,668.44M | 25,429.89M | 25,804.00M | 27,452.27M | 24,953.27M | 20,160.41M | 18,337.61M | 13,558.90M | 8,059.53M | 6,363.63M | 6,281.79M | 6,281.86M | 6,264.65M | 6,495.24M |
| (-) Cash & Equivalents | 9,393.00M | 7,945.50M | 7,653.75M | 7,135.50M | 7,653.50M | 6,465.50M | 7,104.00M | 6,744.75M | 6,130.75M | 6,120.75M | 5,828.75M | 4,807.25M | 4,326.00M | 3,691.75M | 3,756.25M | 3,475.50M | 2,500.50M | 1,700.00M |
| (+) Total Debt | 3,602.00M | 2,798.50M | 1,258.75M | 1,134.50M | 1,151.00M | 1,397.00M | 1,831.75M | 2,102.00M | 2,635.00M | 3,448.50M | 2,251.25M | 1,872.50M | 1,982.25M | 2,246.50M | 1,850.00M | 1,395.50M | 651.25M | 716.50M |
| Enterprise Value | 30,976.35M | 30,324.78M | 19,921.87M | 19,792.05M | 20,165.94M | 20,361.39M | 20,531.75M | 22,809.52M | 21,457.52M | 17,488.16M | 14,760.11M | 10,624.15M | 5,715.78M | 4,918.38M | 4,375.54M | 4,201.86M | 4,415.40M | 5,511.74M |
Income Statement
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 65,583M | 59,937M | 64,438M | 58,232M | 52,886M | 49,886M | 49,152M | 49,675M | 46,389M | 45,467M | 43,143M | 42,579M | 41,275M | 39,868M | 35,574M | 35,156M | 31,446M | 31,994M | 31,243M | 29,545M |
| Cost of Revenue | 52,132M | 48,388M | 51,479M | 47,257M | 43,557M | 41,080M | 40,035M | 40,303M | 37,841M | 37,243M | 35,337M | 35,113M | 34,292M | 33,509M | 29,813M | 29,241M | 26,192M | 26,398M | 25,377M | 23,884M |
| Gross Profit | 13,451M | 11,549M | 12,959M | 10,975M | 9,329M | 8,806M | 9,117M | 9,372M | 8,548M | 8,224M | 7,806M | 7,466M | 6,983M | 6,359M | 5,761M | 5,915M | 5,254M | 5,596M | 5,866M | 5,661M |
| Gross Profit Margin | 20.5% | 19.3% | 20.1% | 18.8% | 17.6% | 17.7% | 18.5% | 18.9% | 18.4% | 18.1% | 18.1% | 17.5% | 16.9% | 16.0% | 16.2% | 16.8% | 16.7% | 17.5% | 18.8% | 19.2% |
| R&D Expenses | 21M | 29M | 21M | 34M | 16M | 15M | 9M | 14M | 11M | 10M | 12M | 11M | 10M | 5M | 5M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 8,983M | 7,492M | 8,746M | 7,316M | 6,481M | 6,189M | 6,116M | 6,244M | 5,925M | 5,711M | 550M | 520M | 504M | 497M | 502M | 534M | 540M | 538M | 548M | 571M |
| Operating Expenses | 8,982M | 7,518M | 8,767M | 7,345M | 6,478M | 6,184M | 6,105M | 6,261M | 5,943M | 5,737M | 3,759M | 3,555M | 3,290M | 3,095M | 3,075M | 3,113M | 2,875M | 2,882M | 3,001M | 2,792M |
| Operating Income (EBIT) | 4,469M | 4,031M | 4,192M | 3,630M | 2,851M | 2,622M | 3,012M | 3,111M | 2,605M | 2,487M | 4,047M | 3,911M | 3,693M | 3,264M | 2,686M | 2,802M | 2,379M | 2,714M | 2,865M | 2,869M |
| Operating Income Margin | 6.8% | 6.7% | 6.5% | 6.2% | 5.4% | 5.3% | 6.1% | 6.3% | 5.6% | 5.5% | 9.4% | 9.2% | 8.9% | 8.2% | 7.6% | 8.0% | 7.6% | 8.5% | 9.2% | 9.7% |
| Interest Income | 16M | 15M | 16M | 14M | 11M | 8M | 7M | 6M | 5M | 4M | 6M | 5M | 5M | 3M | 2M | 2M | 2M | 4M | 5M | 4M |
| Interest Expense | 34M | 9M | 28M | 8M | 8M | 8M | 9M | 18M | 15M | 19M | 29M | 21M | 15M | 20M | 18M | 15M | 13M | 7M | 12M | 21M |
| Net Interest Income | -18M | 6M | -12M | 6M | 3M | 0M | -2M | -12M | -10M | -15M | -23M | -16M | -10M | -17M | -16M | -13M | -11M | -3M | -7M | -17M |
| Unusual Items | 179M | 248M | 181M | 222M | 118M | 1,556M | 128M | -18M | 84M | 21M | -1,670M | -2,052M | -1,528M | -1,112M | -1,276M | -1,316M | -1,301M | -1,110M | -1,082M | -1,030M |
| EBT Excluding Unusual Items | 4,451M | 4,037M | 4,180M | 3,636M | 2,854M | 2,622M | 3,010M | 3,099M | 2,595M | 2,472M | 4,024M | 3,895M | 3,683M | 3,247M | 2,670M | 2,789M | 2,368M | 2,711M | 2,858M | 2,852M |
| Pre-Tax Income | 4,630M | 4,285M | 4,361M | 3,858M | 2,972M | 4,178M | 3,138M | 3,081M | 2,679M | 2,493M | 2,354M | 1,843M | 2,155M | 2,135M | 1,394M | 1,473M | 1,067M | 1,601M | 1,776M | 1,822M |
| Pre-Tax Margin | 7.1% | 7.1% | 6.8% | 6.6% | 5.6% | 8.4% | 6.4% | 6.2% | 5.8% | 5.5% | 5.5% | 4.3% | 5.2% | 5.4% | 3.9% | 4.2% | 3.4% | 5.0% | 5.7% | 6.2% |
| Income Tax Expense | 1,359M | 1,272M | 1,250M | 1,125M | 1,022M | 1,345M | 1,127M | 1,171M | 867M | 926M | 833M | 733M | 818M | 880M | 597M | 733M | 546M | 656M | 819M | 949M |
| Net Income | 3,262M | 3,006M | 3,102M | 2,725M | 1,940M | 2,821M | 1,998M | 1,899M | 1,792M | 1,561M | 1,497M | 918M | 1,187M | 1,100M | 711M | 712M | 438M | 825M | 865M | 810M |
| Net Income Margin | 5.0% | 5.0% | 4.8% | 4.7% | 3.7% | 5.7% | 4.1% | 3.8% | 3.9% | 3.4% | 3.5% | 2.2% | 2.9% | 2.8% | 2.0% | 2.0% | 1.4% | 2.6% | 2.8% | 2.7% |
| Depreciation & Amortization | 490M | 408M | 475M | 397M | 380M | 452M | 449M | 475M | 493M | 487M | 425M | 344M | 342M | 326M | 308M | 259M | 254M | 227M | 193M | 160M |
| EBITDA | 4,959M | 4,439M | 4,667M | 4,027M | 3,231M | 3,074M | 3,461M | 3,586M | 3,098M | 2,974M | 4,472M | 4,255M | 4,035M | 3,590M | 2,994M | 3,061M | 2,633M | 2,941M | 3,058M | 3,029M |
| EBITDA Margin | 7.6% | 7.4% | 7.2% | 6.9% | 6.1% | 6.2% | 7.0% | 7.2% | 6.7% | 6.5% | 10.4% | 10.0% | 9.8% | 9.0% | 8.4% | 8.7% | 8.4% | 9.2% | 9.8% | 10.3% |
| NOPAT | 3,157M | 2,834M | 2,990M | 2,571M | 1,871M | 1,778M | 1,930M | 1,929M | 1,762M | 1,563M | 2,615M | 2,356M | 2,291M | 1,919M | 1,536M | 1,408M | 1,162M | 1,602M | 1,544M | 1,375M |
| NOPAT Margin | 4.8% | 4.7% | 4.6% | 4.4% | 3.5% | 3.6% | 3.9% | 3.9% | 3.8% | 3.4% | 6.1% | 5.5% | 5.6% | 4.8% | 4.3% | 4.0% | 3.7% | 5.0% | 4.9% | 4.7% |
| Owner's Earnings | 3,752M | 3,414M | 260M | 1,452M | 1,734M | 2,961M | 2,258M | 2,153M | 1,913M | 1,374M | 1,668M | -252M | 1,286M | 900M | 231M | -139M | 383M | -481M | 720M | 313M |
| Owner's Earnings Margin | 5.7% | 5.7% | 0.4% | 2.5% | 3.3% | 5.9% | 4.6% | 4.3% | 4.1% | 3.0% | 3.9% | -0.6% | 3.1% | 2.3% | 0.6% | -0.4% | 1.2% | -1.5% | 2.3% | 1.1% |
| EPS (Basic) | 94.51 | 87.53 | 89.96 | 79.39 | 56.65 | 81.34 | 56.73 | 54.00 | 51.09 | 44.53 | 42.77 | 26.53 | 34.45 | 31.92 | 20.65 | 20.65 | 12.73 | 23.94 | 24.96 | 23.29 |
| EPS (Diluted) | 94.11 | 86.48 | 89.09 | 78.37 | 55.83 | 80.04 | 55.76 | 53.01 | 50.17 | 43.78 | 42.10 | 26.13 | 33.96 | 31.59 | 20.54 | 20.65 | 12.70 | 23.93 | 24.94 | 23.29 |
| Shares (Basic) | 35M | 34M | 34M | 34M | 34M | 35M | 35M | 35M | 35M | 35M | 35M | 35M | 34M | 34M | 34M | 34M | 34M | 34M | 35M | 35M |
| Shares (Diluted) | 35M | 35M | 35M | 35M | 35M | 35M | 36M | 36M | 36M | 36M | 36M | 35M | 35M | 35M | 35M | 34M | 34M | 34M | 35M | 35M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 10,644.00M | 8,142.00M | 8,142.00M | 6,989.00M | 6,582.00M | 7,253.00M | 6,686.00M | 6,020.00M | 7,197.00M | 6,214.00M | 5,404.00M | 6,058.00M | 5,316.00M | 4,906.00M | 3,667.00M | 3,544.00M | 3,727.00M | 2,613.00M | 3,362.00M | 2,722.00M |
| Short-Term Investments | 0.00M | 854.00M | 854.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 10,644.00M | 8,996.00M | 8,996.00M | 6,989.00M | 6,582.00M | 7,253.00M | 6,686.00M | 6,020.00M | 7,197.00M | 6,214.00M | 5,404.00M | 6,058.00M | 5,316.00M | 4,906.00M | 3,667.00M | 3,544.00M | 3,727.00M | 2,613.00M | 3,362.00M | 2,722.00M |
| Net Receivables | 12,250.00M | 18,537.00M | 18,537.00M | 17,185.00M | 14,223.00M | 11,618.00M | 12,635.00M | 12,290.00M | 12,074.00M | 11,967.00M | 11,879.00M | 11,074.00M | 11,199.00M | 10,093.00M | 9,592.00M | 9,529.00M | 7,893.00M | 8,017.00M | 7,453.00M | 7,191.00M |
| Inventory | 1,401.00M | 622.00M | 622.00M | 703.00M | 726.00M | 656.00M | 489.00M | 671.00M | 506.00M | 496.00M | 395.00M | 526.00M | 371.00M | 397.00M | 348.00M | 363.00M | 431.00M | 251.00M | 521.00M | 467.00M |
| Other Current Assets | 611.00M | 507.00M | 507.00M | 1,510.00M | 1,914.00M | 2,126.00M | 346.00M | 612.00M | 448.00M | 771.00M | 812.00M | 975.00M | 842.00M | 741.00M | 682.00M | 648.00M | 530.00M | 540.00M | 609.00M | 487.00M |
| Total Current Assets | 24,906.00M | 28,662.00M | 28,662.00M | 26,387.00M | 23,445.00M | 21,653.00M | 20,156.00M | 19,593.00M | 20,225.00M | 19,448.00M | 18,490.00M | 18,633.00M | 17,728.00M | 16,137.00M | 14,289.00M | 14,084.00M | 12,581.00M | 11,421.00M | 11,945.00M | 10,867.00M |
| Property, Plant & Equipment | 13,061.00M | 12,929.00M | 12,929.00M | 9,819.00M | 8,448.00M | 8,238.00M | 8,284.00M | 8,464.00M | 8,592.00M | 8,830.00M | 8,918.00M | 9,245.00M | 7,905.00M | 8,233.00M | 8,140.00M | 7,786.00M | 7,037.00M | 6,964.00M | 5,726.00M | 5,574.00M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 151.00M | 180.00M | 194.00M | 227.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 81.00M | 73.00M | 73.00M | 62.00M | 74.00M | 76.00M | 153.00M | 237.00M | 334.00M | 406.00M | 455.00M | 139.00M | 150.00M | 125.00M | 111.00M | 98.00M | 108.00M | 97.00M | 63.00M | 52.00M |
| Long-Term Investments | 6,774.00M | 6,094.00M | 6,094.00M | 5,902.00M | 4,859.00M | 4,642.00M | 5,620.00M | 3,837.00M | 3,986.00M | 3,605.00M | 3,320.00M | 2,483.00M | 2,696.00M | 1,991.00M | 1,525.00M | 1,171.00M | 1,203.00M | 1,418.00M | 1,131.00M | 1,723.00M |
| Tax Assets | 0.00M | 454.00M | 454.00M | 474.00M | 496.00M | 529.00M | 480.00M | 672.00M | 655.00M | 351.00M | 320.00M | 328.00M | 132.00M | 274.00M | 303.00M | 431.00M | 394.00M | 334.00M | 430.00M | 245.00M |
| Other Non-Current Assets | 816.00M | 356.00M | 356.00M | 305.00M | 236.00M | 0.00M | 211.00M | 205.00M | -1.00M | 198.00M | 246.00M | 210.00M | 158.00M | 165.00M | 146.00M | 150.00M | 146.00M | 138.00M | 129.00M | 144.00M |
| Other Assets | 0.00M | 0.00M | 3.00M | 2.00M | 3.00M | 2.00M | 2.00M | 1.00M | 2.00M | -2.00M | 1.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 20,732.00M | 19,906.00M | 19,909.00M | 16,564.00M | 14,116.00M | 13,487.00M | 14,750.00M | 13,416.00M | 13,719.00M | 13,568.00M | 13,454.00M | 12,632.00M | 11,041.00M | 10,788.00M | 10,225.00M | 9,636.00M | 8,888.00M | 8,951.00M | 7,479.00M | 7,738.00M |
| Total Assets | 45,638.00M | 48,568.00M | 48,571.00M | 42,951.00M | 37,561.00M | 35,140.00M | 34,906.00M | 33,009.00M | 33,944.00M | 33,016.00M | 31,944.00M | 31,265.00M | 28,769.00M | 26,925.00M | 24,514.00M | 23,720.00M | 21,469.00M | 20,372.00M | 19,424.00M | 18,605.00M |
| Accounts Payable | 6,527.00M | 9,138.00M | 9,138.00M | 7,886.00M | 5,797.00M | 4,832.00M | 4,637.00M | 4,453.00M | 5,013.00M | 5,177.00M | 5,191.00M | 202.00M | 1,730.00M | 2,189.00M | 1,769.00M | 1,739.00M | 1,492.00M | 1,288.00M | 4,501.00M | 4,472.00M |
| Short-Term Debt | 1,237.00M | 1,249.00M | 1,249.00M | 1,129.00M | 797.00M | 496.00M | 655.00M | 980.00M | 609.00M | 631.00M | 706.00M | 861.00M | 498.00M | 939.00M | 1,512.00M | 1,689.00M | 975.00M | 666.00M | 577.00M | 1,053.00M |
| Tax Payables | 0.00M | 0.00M | 0.00M | 815.00M | 378.00M | 938.00M | 506.00M | 756.00M | 536.00M | 664.00M | 470.00M | 576.00M | 443.00M | 598.00M | 240.00M | 578.00M | 193.00M | 217.00M | 528.00M | 474.00M |
| Deferred Revenue | 0.00M | 757.00M | 757.00M | 589.00M | 3,320.00M | 3,642.00M | 2,866.00M | 3,239.00M | 3,034.00M | 2,974.00M | 7,354.00M | 8,034.00M | 7,724.00M | 7,292.00M | 5,998.00M | 6,383.00M | 5,473.00M | 5,602.00M | 1,920.00M | 1,636.00M |
| Other Current Liabilities | 5,229.00M | 4,512.00M | 4,512.00M | 1,539.00M | 573.00M | 456.00M | 838.00M | -1,157.00M | 1,721.00M | 1,775.00M | 1,621.00M | 1,791.00M | 3,270.00M | 3,341.00M | 3,671.00M | 3,639.00M | 2,972.00M | 2,763.00M | 884.00M | 317.00M |
| Total Current Liabilities | 12,993.00M | 15,656.00M | 15,656.00M | 11,958.00M | 10,865.00M | 10,364.00M | 9,502.00M | 8,271.00M | 10,913.00M | 11,221.00M | 15,342.00M | 11,464.00M | 13,665.00M | 14,359.00M | 13,190.00M | 14,028.00M | 11,105.00M | 10,536.00M | 8,410.00M | 7,952.00M |
| Long-Term Debt | 2,362.00M | 2,356.00M | 2,356.00M | 578.00M | 200.00M | 357.00M | 534.00M | 720.00M | 1,169.00M | 1,660.00M | 2,166.00M | 2,850.00M | 900.00M | 1,264.00M | 1,212.00M | 570.00M | 862.00M | 291.00M | 173.00M | 269.00M |
| Capital Lease Obligations | 0.00M | 0.00M | 0.00M | 18.00M | 25.00M | 34.00M | 23.00M | 19.00M | 6.00M | 6.00M | 13.00M | 20.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Tax Liabilities | 0.00M | 96.00M | 96.00M | 264.00M | 115.00M | 2.00M | 398.00M | 3.00M | 6.00M | 245.00M | 189.00M | 6.00M | 57.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 3,601.00M | 3,259.00M | 3,259.00M | 3,363.00M | 33.00M | 3,354.00M | 28.00M | 26.00M | 15.00M | 50.00M | 55.00M | 64.00M | 72.00M | 1,856.00M | 1,431.00M | 1,491.00M | 1,323.00M | 1,371.00M | 1,280.00M | 1,100.00M |
| Total Non-Current Liabilities | 5,963.00M | 5,711.00M | 5,711.00M | 4,223.00M | 373.00M | 3,747.00M | 983.00M | 768.00M | 1,196.00M | 1,961.00M | 2,423.00M | 2,940.00M | 1,029.00M | 3,120.00M | 2,643.00M | 2,061.00M | 2,185.00M | 1,662.00M | 1,453.00M | 1,369.00M |
| Total Liabilities | 18,956.00M | 21,367.00M | 21,367.00M | 16,181.00M | 11,238.00M | 14,111.00M | 10,485.00M | 9,039.00M | 12,109.00M | 13,182.00M | 17,765.00M | 14,404.00M | 14,694.00M | 17,479.00M | 15,833.00M | 16,089.00M | 13,290.00M | 12,198.00M | 9,863.00M | 9,321.00M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 15,403.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M | 1,139.00M |
| Retained Earnings | 20,426.00M | 20,761.00M | 20,761.00M | 19,176.00M | 17,459.00M | 16,482.00M | 15,178.00M | 14,170.00M | 13,221.00M | 12,255.00M | 11,502.00M | 10,619.00M | 10,221.00M | 9,433.00M | 8,609.00M | 8,191.00M | 7,755.00M | 7,593.00M | 7,044.00M | 6,474.00M |
| Accumulated OCI | 4,025.00M | 3,601.00M | 3,601.00M | 3,430.00M | 2,714.00M | 2,352.00M | 3,132.00M | 1,980.00M | 1,906.00M | 1,826.00M | 1,467.00M | 820.00M | 937.00M | 438.00M | 413.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 191.00M | 198.00M | 198.00M | 177.00M | 162.00M | 145.00M | 118.00M | 104.00M | 97.00M | 86.00M | 113.00M | 116.00M | 1,473.00M | 1,348.00M | 1,431.00M | 1,358.00M | 1,366.00M | 1,327.00M | 1,235.00M | 1,193.00M |
| Total Shareholders’ Equity | 25,590.00M | 25,501.00M | 25,501.00M | 23,745.00M | 21,312.00M | 19,973.00M | 19,449.00M | 17,289.00M | 31,669.00M | 15,220.00M | 14,108.00M | 12,578.00M | 12,297.00M | 11,010.00M | 10,161.00M | 9,330.00M | 8,894.00M | 8,732.00M | 8,183.00M | 7,613.00M |
| Total Equity | 25,781.00M | 25,699.00M | 25,699.00M | 23,922.00M | 21,474.00M | 20,118.00M | 19,567.00M | 17,393.00M | 31,766.00M | 15,306.00M | 14,221.00M | 12,694.00M | 13,770.00M | 12,358.00M | 11,592.00M | 10,688.00M | 10,260.00M | 10,059.00M | 9,418.00M | 8,806.00M |
| Total Liabilities & Equity | 44,737.00M | 47,066.00M | 47,066.00M | 40,103.00M | 32,712.00M | 34,229.00M | 30,052.00M | 26,432.00M | 43,875.00M | 28,488.00M | 31,986.00M | 27,098.00M | 28,464.00M | 29,837.00M | 27,425.00M | 26,777.00M | 23,550.00M | 22,257.00M | 19,281.00M | 18,127.00M |
| Tangible Assets | 45,557.00M | 48,495.00M | 48,498.00M | 42,889.00M | 37,487.00M | 35,064.00M | 34,753.00M | 32,772.00M | 33,459.00M | 32,430.00M | 31,295.00M | 30,899.00M | 28,619.00M | 26,800.00M | 24,403.00M | 23,622.00M | 21,361.00M | 20,275.00M | 19,361.00M | 18,553.00M |
| Tangible Equity | 25,700.00M | 25,626.00M | 25,626.00M | 23,860.00M | 21,400.00M | 20,042.00M | 19,414.00M | 17,156.00M | 31,281.00M | 14,720.00M | 13,572.00M | 12,328.00M | 13,620.00M | 12,233.00M | 11,481.00M | 10,590.00M | 10,152.00M | 9,962.00M | 9,355.00M | 8,754.00M |
| Tangible Book Value | 25,700.00M | 25,626.00M | 25,626.00M | 23,860.00M | 21,400.00M | 20,042.00M | 19,414.00M | 17,156.00M | 31,281.00M | 14,720.00M | 13,572.00M | 12,328.00M | 13,620.00M | 12,233.00M | 11,481.00M | 10,590.00M | 10,152.00M | 9,962.00M | 9,355.00M | 8,754.00M |
| Total Investments | 6,774.00M | 6,948.00M | 6,948.00M | 5,902.00M | 4,859.00M | 4,642.00M | 5,620.00M | 3,837.00M | 3,986.00M | 3,605.00M | 3,320.00M | 2,483.00M | 2,696.00M | 1,991.00M | 1,525.00M | 1,171.00M | 1,203.00M | 1,418.00M | 1,131.00M | 1,723.00M |
| Net Debt | -7,045.00M | -4,537.00M | -4,537.00M | -5,282.00M | -5,585.00M | -6,400.00M | -5,497.00M | -4,320.00M | -5,419.00M | -3,923.00M | -2,532.00M | -2,347.00M | -3,918.00M | -2,703.00M | -943.00M | -1,285.00M | -1,890.00M | -1,656.00M | -2,612.00M | -1,400.00M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 11,438.0M | 11,966.0M | 11,966.0M | 11,895.0M | 11,208.0M | 10,705.0M | 9,796.0M | 8,800.0M | 7,870.0M | 7,534.0M | 6,990.0M | 6,708.0M | 6,196.0M | 5,205.0M | 4,524.0M | 3,802.0M | 4,240.0M | 3,594.0M | 4,063.0M | 3,389.0M |
| Total Capital | 29,612.0M | 29,531.0M | 29,531.0M | 25,740.0M | 22,537.0M | 21,187.0M | 21,453.0M | 20,054.0M | 19,087.0M | 18,551.0M | 18,059.0M | 17,384.0M | 14,211.0M | 13,728.0M | 13,399.0M | 12,278.0M | 11,414.0M | 10,513.0M | 9,604.0M | 9,887.0M |
| Capital Employed | 32,170.0M | 31,872.0M | 31,872.0M | 28,457.0M | 25,324.0M | 24,192.0M | 24,546.0M | 22,216.0M | 21,589.0M | 21,102.0M | 20,444.0M | 19,340.0M | 17,237.0M | 15,993.0M | 14,749.0M | 13,438.0M | 13,128.0M | 12,545.0M | 11,542.0M | 11,127.0M |
| Invested Capital | 18,968.0M | 21,389.0M | 21,389.0M | 18,751.0M | 15,955.0M | 13,934.0M | 14,767.0M | 14,034.0M | 11,890.0M | 12,337.0M | 12,655.0M | 11,326.0M | 8,895.0M | 8,822.0M | 9,732.0M | 8,734.0M | 7,687.0M | 7,900.0M | 6,242.0M | 7,165.0M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 3,263.00M | 3,006.00M | 3,102.00M | 2,725.00M | 2,972.00M | 4,178.00M | 3,138.00M | 3,081.00M | 2,679.00M | 2,493.00M | 2,354.00M | 1,843.00M | 2,155.00M | 2,135.00M | 1,394.00M | 1,473.00M | 1,067.00M | 1,601.00M | 1,776.00M | 1,822.00M |
| Depreciation & Amortization | 0.00M | 199.00M | 475.00M | 397.00M | 380.00M | 452.00M | 449.00M | 475.00M | 493.00M | 487.00M | 425.00M | 344.00M | 342.00M | 326.00M | 308.00M | 259.00M | 254.00M | 227.00M | 193.00M | 160.00M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | -1,449.00M | -2,305.00M | -1,223.00M | -789.00M | -1,040.00M | -823.00M | -643.00M | -196.00M | -933.00M | -565.00M | -1,020.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 44.00M | 39.00M | 0.00M | 39.00M | 39.00M | 38.00M | 45.00M | 48.00M | 44.00M | 45.00M | 40.00M | 32.00M | 37.00M | 31.00M | 24.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | 0.00M | 0.00M | 1,451.00M | -1,359.00M | -880.00M | -486.00M | 420.00M | -2,635.00M | 543.00M | 675.00M | -1,042.00M | -272.00M | 175.00M | 653.00M | -80.00M | -741.00M | 118.00M | -113.00M | 435.00M | 137.00M |
| Accounts Receivable | 0.00M | 0.00M | -525.00M | -2,256.00M | -2,633.00M | -539.00M | -14.00M | -220.00M | -120.00M | -81.00M | -814.00M | 168.00M | -1,102.00M | -459.00M | -51.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 0.00M | 0.00M | 83.00M | 16.00M | -68.00M | -164.00M | 182.00M | -165.00M | -10.00M | -100.00M | 129.00M | -157.00M | 37.00M | -33.00M | 18.00M | 67.00M | -181.00M | 270.00M | -61.00M | -149.00M |
| Accounts Payable | 0.00M | 0.00M | 1,245.00M | 379.00M | 1,169.00M | 363.00M | 248.00M | -2,265.00M | 367.00M | 39.00M | -45.00M | -226.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | 0.00M | 0.00M | 648.00M | 502.00M | 652.00M | -146.00M | 4.00M | 15.00M | 306.00M | 775.00M | -1,171.00M | -115.00M | 138.00M | 686.00M | -98.00M | -808.00M | 299.00M | -383.00M | 496.00M | 286.00M |
| Other Non-Cash Items | -3,307.00M | -2,846.00M | -67.00M | 619.00M | -141.00M | -96.00M | -103.00M | -73.00M | -64.00M | 21.00M | 20.00M | 7.00M | 76.00M | -121.00M | 123.00M | -186.00M | -608.00M | -828.00M | -577.00M | -588.00M |
| Net Cash from Operating Activities | 0.00M | 398.00M | 4,961.00M | 2,421.00M | 921.00M | 1,781.00M | 2,726.00M | 107.00M | 2,655.00M | 2,898.00M | 1,154.00M | 1,758.00M | 1,852.00M | 2,459.00M | 749.00M | 805.00M | 831.00M | 887.00M | 1,827.00M | 1,531.00M |
| Capital Expenditures (PPE) | 0.00M | 0.00M | -3,339.00M | -1,659.00M | -586.00M | -312.00M | -189.00M | -221.00M | -372.00M | -674.00M | -254.00M | -1,514.00M | -243.00M | -526.00M | -788.00M | -1,110.00M | -309.00M | -1,533.00M | -338.00M | -657.00M |
| Acquisitions (Net) | 0.00M | 0.00M | 0.00M | 7.00M | 1.00M | -20.00M | 24.00M | 3.00M | 120.00M | -380.00M | -14.00M | -304.00M | 0.00M | -88.00M | 0.00M | 14.00M | 116.00M | 0.00M | 24.00M | 0.00M |
| Purchases of Investments | 0.00M | 0.00M | -26.00M | -51.00M | -47.00M | -37.00M | -34.00M | -36.00M | -31.00M | -27.00M | -26.00M | -37.00M | -32.00M | -123.00M | -30.00M | -28.00M | -27.00M | -27.00M | -30.00M | -45.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 8.00M | 0.00M | -1.00M | 1,449.00M | -24.00M | -3.00M | 1.00M | 6.00M | 2.00M | 183.00M | 0.00M | 0.00M | 0.00M | 52.00M | 10.00M | 0.00M | 163.00M | 0.00M |
| Other Investing Activities | 0.00M | 0.00M | -113.00M | -95.00M | -64.00M | -109.00M | -44.00M | -45.00M | 155.00M | 360.00M | -11.00M | -158.00M | 154.00M | 280.00M | 118.00M | -38.00M | -48.00M | -34.00M | -79.00M | -51.00M |
| Net Cash from Investing Activities | 0.00M | 0.00M | -3,470.00M | -1,798.00M | -697.00M | 971.00M | -267.00M | -302.00M | -127.00M | -715.00M | -303.00M | -1,830.00M | -121.00M | -369.00M | -700.00M | -1,110.00M | -258.00M | -1,594.00M | -260.00M | -753.00M |
| Net Debt Issuance | 0.00M | 0.00M | 1,899.00M | 711.00M | 144.00M | -335.00M | -510.00M | -77.00M | -513.00M | -596.00M | -837.00M | 2,269.00M | -805.00M | -523.00M | 467.00M | 421.00M | 880.00M | 207.00M | -569.00M | -412.00M |
| Long-Term Debt Issuance | 0.00M | 0.00M | 2,219.00M | 481.00M | -176.00M | -185.00M | -448.00M | -557.00M | -486.00M | -596.00M | -837.00M | 2,299.00M | -417.00M | 90.00M | 649.00M | -282.00M | 817.00M | 181.00M | -198.00M | -620.00M |
| Short-Term Debt Issuance | 0.00M | 0.00M | -320.00M | 230.00M | 320.00M | -150.00M | -62.00M | 480.00M | -27.00M | 16.00M | 0.00M | -30.00M | -389.00M | -611.00M | -182.00M | 703.00M | 63.00M | 26.00M | -371.00M | 208.00M |
| Net Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | -192.00M | -500.00M | -306.00M | 0.00M | 0.00M | 0.00M | 0.00M | -969.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -53.00M | 0.00M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | -192.00M | -500.00M | -306.00M | 0.00M | 0.00M | 0.00M | 0.00M | -969.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -53.00M | 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 | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | 0.00M | 0.00M | -1,508.00M | -989.00M | -958.00M | -1,523.00M | -988.00M | -949.00M | -824.00M | -806.00M | -612.00M | -517.00M | -353.00M | -275.00M | -293.00M | -275.00M | -275.00M | -275.00M | -295.00M | -243.00M |
| Common Dividends Paid | 0.00M | 0.00M | -1,508.00M | -989.00M | -958.00M | -1,523.00M | -988.00M | -949.00M | -824.00M | -806.00M | -612.00M | -517.00M | -353.00M | -275.00M | -293.00M | -275.00M | -275.00M | -275.00M | -295.00M | -243.00M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | 0.00M | 0.00M | -13.00M | -9.00M | -10.00M | -8.00M | -9.00M | -6.00M | -6.00M | -77.00M | -49.00M | -46.00M | -38.00M | -36.00M | -28.00M | -40.00M | -37.00M | -33.00M | -35.00M | -33.00M |
| Net Cash from Financing Activities | 0.00M | 0.00M | 378.00M | -287.00M | -1,016.00M | -2,366.00M | -1,813.00M | -1,032.00M | -1,343.00M | -1,479.00M | -1,498.00M | 737.00M | -1,196.00M | -834.00M | 146.00M | 106.00M | 568.00M | -101.00M | -952.00M | -688.00M |
| Effect of FX on Cash | 0.00M | 0.00M | 30.00M | 21.00M | 28.00M | 36.00M | -28.00M | 10.00M | -28.00M | 23.00M | -12.00M | -9.00M | 12.00M | 27.00M | 11.00M | 0.00M | -6.00M | 1.00M | -13.00M | 1.00M |
| Net Change in Cash | 0.00M | -1,925.00M | 1,899.00M | 357.00M | -764.00M | 422.00M | 616.00M | -1,217.00M | 1,156.00M | 776.00M | -659.00M | 655.00M | 548.00M | 1,283.00M | 206.00M | -199.00M | 1,136.00M | -806.00M | 600.00M | 91.00M |
| Cash at Beginning of Period | 0.00M | 23,286.00M | 6,242.00M | 5,885.00M | 6,649.00M | 6,227.00M | 5,611.00M | 6,828.00M | 5,672.00M | 4,896.00M | 5,555.00M | 4,900.00M | 4,352.00M | 3,069.00M | 2,863.00M | 3,062.00M | 1,926.00M | 2,732.00M | 2,132.00M | 2,041.00M |
| Cash at End of Period | 0.00M | 20,358.00M | 8,142.00M | 6,242.00M | 5,885.00M | 6,649.00M | 6,227.00M | 5,611.00M | 6,828.00M | 5,672.00M | 4,896.00M | 5,555.00M | 4,900.00M | 4,352.00M | 3,069.00M | 2,863.00M | 3,062.00M | 1,926.00M | 2,732.00M | 2,132.00M |
| Operating Cash Flow | 0.00M | 398.00M | 4,961.00M | 2,421.00M | 921.00M | 1,781.00M | 2,726.00M | 107.00M | 2,655.00M | 2,898.00M | 1,154.00M | 1,758.00M | 1,852.00M | 2,459.00M | 749.00M | 805.00M | 831.00M | 887.00M | 1,827.00M | 1,531.00M |
| Capital Expenditure | 0.00M | 0.00M | -3,317.00M | -1,670.00M | -586.00M | -312.00M | -189.00M | -221.00M | -372.00M | -674.00M | -254.00M | -1,514.00M | -243.00M | -526.00M | -788.00M | -1,110.00M | -309.00M | -1,533.00M | -338.00M | -657.00M |
| Free Cash Flow | 0.00M | 398.00M | 1,644.00M | 751.00M | 335.00M | 1,469.00M | 2,537.00M | -114.00M | 2,283.00M | 2,224.00M | 900.00M | 244.00M | 1,609.00M | 1,933.00M | -39.00M | -305.00M | 522.00M | -646.00M | 1,489.00M | 874.00M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 4,937.25M | 4,436.00M | 4,667.00M | 4,022.00M | 3,212.00M | 3,054.00M | 3,441.00M | 3,589.00M | 3,105.00M | 2,990.00M | 7,669.00M | 7,279.00M | 6,811.00M | 6,183.00M | 5,562.00M | 5,640.00M | 4,968.00M | 5,285.00M | 5,511.00M | 5,250.00M |
| (-) Tax Adjustment | 1,449.18M | 1,316.82M | 1,337.71M | 1,172.82M | 1,104.53M | 983.16M | 1,204.35M | 1,256.15M | 1,004.87M | 1,046.50M | 2,684.15M | 2,547.65M | 2,383.85M | 2,164.05M | 1,946.70M | 1,974.00M | 1,738.80M | 1,849.75M | 1,928.85M | 1,837.50M |
| (-) Change In Working Capital | 0.00M | 0.00M | 1,451.00M | -1,359.00M | -880.00M | -486.00M | 420.00M | -2,635.00M | 543.00M | 675.00M | -1,042.00M | -272.00M | 175.00M | 653.00M | -80.00M | -741.00M | 118.00M | -113.00M | 435.00M | 137.00M |
| (-) Capital Expenditure | 0.00M | 0.00M | -3,317.00M | -1,670.00M | -586.00M | -312.00M | -189.00M | -221.00M | -372.00M | -674.00M | -254.00M | -1,514.00M | -243.00M | -526.00M | -788.00M | -1,110.00M | -309.00M | -1,533.00M | -338.00M | -657.00M |
| Unlevered Free Cash Flow | 3,488.07M | 3,119.18M | -1,438.71M | 2,538.18M | 2,401.47M | 2,244.84M | 1,627.65M | 4,746.85M | 1,185.13M | 594.50M | 5,772.85M | 3,489.35M | 4,009.15M | 2,839.95M | 2,907.30M | 3,297.00M | 2,802.20M | 2,015.25M | 2,809.15M | 2,618.50M |
| (-) Net Interest Income After Taxes | -12.72M | 4.22M | -8.56M | 4.25M | 1.97M | 0.00M | -1.30M | -7.80M | -6.76M | -9.75M | -14.95M | -10.40M | -6.50M | -11.05M | -10.40M | -8.45M | -7.15M | -1.95M | -4.55M | -11.05M |
| Net Debt Issuance | 0.00M | 0.00M | 1,899.00M | 711.00M | 144.00M | -335.00M | -510.00M | -77.00M | -513.00M | -596.00M | -837.00M | 2,269.00M | -805.00M | -523.00M | 467.00M | 421.00M | 880.00M | 207.00M | -569.00M | -412.00M |
| Levered Free Cash Flow | 3,500.78M | 3,114.96M | 468.85M | 3,244.93M | 2,543.50M | 1,909.84M | 1,118.95M | 4,677.65M | 678.90M | 8.25M | 4,950.80M | 5,768.75M | 3,210.65M | 2,328.00M | 3,384.70M | 3,726.45M | 3,689.35M | 2,224.20M | 2,244.70M | 2,217.55M |