Page: Company Financials
Nippon Denko Co., Ltd.
$389.00
-3.00 (-0.77%)
As of: 2026-01-27
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 264.50 | 301.50 | 304.50 | 343.00 | 316.25 | 207.50 | 195.25 | 291.00 | 425.75 | 186.50 | 252.00 | 289.75 | 295.00 | 289.00 | 451.75 | 636.00 | 528.50 |
| Market Capitalization | 36,315.93M | 41,382.40M | 41,879.92M | 50,063.23M | 46,420.93M | 30,438.37M | 28,602.33M | 42,611.88M | 62,344.07M | 27,310.08M | 36,901.94M | 34,419.41M | 32,493.21M | 31,835.61M | 49,766.97M | 70,075.52M | 58,242.32M |
| (-) Cash & Equivalents | 5,887.50M | 6,955.00M | 7,668.50M | 9,683.50M | 9,278.75M | 8,888.25M | 7,737.75M | 9,092.25M | 11,759.75M | 18,363.50M | 10,494.25M | 8,912.75M | 8,568.00M | 5,328.50M | 6,893.50M | 6,188.50M | 3,569.00M |
| (+) Total Debt | 15,591.00M | 17,926.25M | 20,678.75M | 20,005.00M | 17,603.25M | 19,543.75M | 20,627.50M | 10,341.75M | 7,107.50M | 7,900.00M | 14,967.75M | 10,686.25M | 2,111.50M | 4,608.50M | 5,527.50M | 5,893.00M | 12,781.25M |
| Enterprise Value | 46,019.43M | 52,353.65M | 54,890.17M | 60,384.73M | 54,745.43M | 41,093.87M | 41,492.08M | 43,861.38M | 57,691.82M | 16,846.58M | 41,375.44M | 36,192.91M | 26,036.71M | 31,115.61M | 48,400.97M | 69,780.02M | 67,454.57M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 79,844M | 73,485M | 78,235M | 78,390M | 79,341M | 65,978M | 54,004M | 70,477M | 73,944M | 71,346M | 58,486M | 82,902M | 75,864M | 54,408M | 60,425M | 71,212M | 71,987M | 61,828M | 116,012M | 77,469M | 64,047M | 70,263M |
| Cost of Revenue | 66,160M | 61,891M | 64,626M | 67,042M | 63,961M | 51,617M | 43,389M | 70,197M | 65,640M | 55,503M | 50,461M | 74,238M | 67,241M | 45,457M | 50,800M | 56,104M | 55,591M | 55,060M | 82,764M | 60,546M | 55,382M | 56,854M |
| Gross Profit | 13,684M | 11,594M | 13,609M | 11,348M | 15,380M | 14,361M | 10,615M | 280M | 8,304M | 15,843M | 8,025M | 8,664M | 8,623M | 8,951M | 9,625M | 15,108M | 16,396M | 6,768M | 33,248M | 16,923M | 8,665M | 13,409M |
| Gross Profit Margin | 17.1% | 15.8% | 17.4% | 14.5% | 19.4% | 21.8% | 19.7% | 0.4% | 11.2% | 22.2% | 13.7% | 10.5% | 11.4% | 16.5% | 15.9% | 21.2% | 22.8% | 10.9% | 28.7% | 21.8% | 13.5% | 19.1% |
| R&D Expenses | 285M | 616M | 588M | 631M | 559M | 353M | 345M | 423M | 452M | 413M | 438M | 523M | 412M | 213M | 310M | 347M | 321M | 384M | 377M | 370M | 408M | 464M |
| SG&A Expenses | 6,465M | 5,960M | 6,163M | 6,020M | 1,785M | 1,743M | 1,488M | 1,828M | 1,899M | 1,823M | 1,846M | 2,029M | 2,146M | 2,323M | 2,891M | 3,198M | 3,247M | 2,806M | 5,062M | 3,373M | 1,098M | 1,164M |
| Operating Expenses | 7,054M | 6,576M | 6,753M | 6,652M | 6,560M | 5,921M | 5,175M | 5,849M | 6,598M | 6,197M | 3,876M | 4,233M | 3,909M | 3,623M | 4,438M | 4,826M | 4,727M | 4,442M | 6,883M | 6,771M | 3,023M | 3,146M |
| Operating Income (EBIT) | 6,630M | 5,018M | 6,856M | 4,696M | 8,820M | 8,440M | 5,440M | -5,569M | 1,706M | 9,646M | 4,149M | 4,431M | 4,714M | 5,328M | 5,187M | 10,282M | 11,669M | 2,326M | 26,365M | 10,152M | 5,642M | 10,263M |
| Operating Income Margin | 8.3% | 6.8% | 8.8% | 6.0% | 11.1% | 12.8% | 10.1% | -7.9% | 2.3% | 13.5% | 7.1% | 5.3% | 6.2% | 9.8% | 8.6% | 14.4% | 16.2% | 3.8% | 22.7% | 13.1% | 8.8% | 14.6% |
| Interest Income | 163M | 223M | 224M | 213M | 163M | 135M | 41M | 299M | 11M | 29M | 3M | 2M | 9M | 3M | 3M | 1M | 2M | 3M | 12M | 11M | 7M | 4M |
| Interest Expense | 587M | 596M | 592M | 545M | 485M | 479M | 491M | 498M | 270M | 180M | 169M | 220M | 157M | 21M | 40M | 53M | 70M | 182M | 244M | 249M | 175M | 153M |
| Net Interest Income | -424M | -373M | -368M | -332M | -322M | -344M | -450M | -199M | -259M | -151M | -166M | -218M | -148M | -18M | -37M | -52M | -68M | -179M | -232M | -238M | -168M | -149M |
| Unusual Items | -1,546M | -2,211M | -1,741M | -1,458M | 1,917M | -1,950M | -2,602M | -8,595M | 1,748M | -1,346M | -4,254M | -16,966M | 7,072M | -1,596M | -4,484M | -2,423M | -1,762M | -1,902M | -3,651M | -38M | -3,314M | -3,898M |
| EBT Excluding Unusual Items | 6,206M | 4,645M | 6,488M | 4,364M | 8,498M | 8,096M | 4,990M | -5,768M | 1,447M | 9,495M | 3,983M | 4,213M | 4,566M | 5,310M | 5,150M | 10,230M | 11,601M | 2,147M | 26,133M | 9,914M | 5,474M | 10,114M |
| Pre-Tax Income | 4,660M | 2,434M | 4,747M | 2,906M | 10,415M | 6,146M | 2,388M | -14,363M | 3,195M | 8,149M | -271M | -12,753M | 11,638M | 3,714M | 666M | 7,807M | 9,839M | 245M | 22,482M | 9,876M | 2,160M | 6,216M |
| Pre-Tax Margin | 5.8% | 3.3% | 6.1% | 3.7% | 13.1% | 9.3% | 4.4% | -20.4% | 4.3% | 11.4% | -0.5% | -15.4% | 15.3% | 6.8% | 1.1% | 11.0% | 13.7% | 0.4% | 19.4% | 12.7% | 3.4% | 8.8% |
| Income Tax Expense | 1,580M | -1,675M | 1,602M | -1,423M | 2,453M | -1,626M | -230M | -125M | 847M | 154M | -163M | 1,419M | 841M | 1,425M | 1,166M | 3,180M | 3,826M | 40M | 8,654M | 4,038M | 1,251M | 2,483M |
| Net Income | 3,078M | 4,109M | 3,144M | 4,330M | 7,949M | 7,768M | 2,615M | -14,238M | 2,352M | 7,988M | -116M | -14,181M | 10,807M | 2,273M | -516M | 4,604M | 5,989M | 171M | 13,679M | 5,876M | 1,054M | 3,727M |
| Net Income Margin | 3.9% | 5.6% | 4.0% | 5.5% | 10.0% | 11.8% | 4.8% | -20.2% | 3.2% | 11.2% | -0.2% | -17.1% | 14.2% | 4.2% | -0.9% | 6.5% | 8.3% | 0.3% | 11.8% | 7.6% | 1.6% | 5.3% |
| Depreciation & Amortization | 3,316M | 3,095M | 3,245M | 2,945M | 2,463M | 2,124M | 1,824M | 2,437M | 1,721M | 1,433M | 1,538M | 3,297M | 2,649M | 2,395M | 2,688M | 2,781M | 2,563M | 2,417M | 2,068M | 2,014M | 2,015M | 1,968M |
| EBITDA | 9,946M | 8,113M | 10,101M | 7,641M | 11,283M | 10,564M | 7,264M | -3,132M | 3,427M | 11,079M | 5,687M | 7,728M | 7,363M | 7,723M | 7,875M | 13,063M | 14,232M | 4,743M | 28,433M | 12,166M | 7,657M | 12,231M |
| EBITDA Margin | 12.5% | 11.0% | 12.9% | 9.7% | 14.2% | 16.0% | 13.5% | -4.4% | 4.6% | 15.5% | 9.7% | 9.3% | 9.7% | 14.2% | 13.0% | 18.3% | 19.8% | 7.7% | 24.5% | 15.7% | 12.0% | 17.4% |
| NOPAT | 4,382M | 8,471M | 4,542M | 6,996M | 6,743M | 10,673M | 5,964M | -4,400M | 1,254M | 9,464M | 3,278M | 3,500M | 4,373M | 3,284M | -3,894M | 6,094M | 7,131M | 1,946M | 16,216M | 6,001M | 2,374M | 6,163M |
| NOPAT Margin | 5.5% | 11.5% | 5.8% | 8.9% | 8.5% | 16.2% | 11.0% | -6.2% | 1.7% | 13.3% | 5.6% | 4.2% | 5.8% | 6.0% | -6.4% | 8.6% | 9.9% | 3.1% | 14.0% | 7.7% | 3.7% | 8.8% |
| Owner's Earnings | 6,394M | 7,204M | 2,090M | 2,484M | 5,869M | 7,174M | -192M | -16,885M | -4,791M | 5,497M | -1,798M | -13,943M | 11,552M | 3,336M | 1,069M | 3,846M | 5,468M | -2,077M | 13,364M | 6,318M | 1,008M | 2,480M |
| Owner's Earnings Margin | 8.0% | 9.8% | 2.7% | 3.2% | 7.4% | 10.9% | -0.4% | -24.0% | -6.5% | 7.7% | -3.1% | -16.8% | 15.2% | 6.1% | 1.8% | 5.4% | 7.6% | -3.4% | 11.5% | 8.2% | 1.6% | 3.5% |
| EPS (Basic) | 22.42 | 29.95 | 22.91 | 31.50 | 54.45 | 52.91 | 17.83 | -97.18 | 16.06 | 54.55 | -0.79 | -96.84 | 85.17 | 20.64 | -4.68 | 41.80 | 54.36 | 1.56 | 124.08 | 53.26 | 9.79 | 34.57 |
| EPS (Diluted) | 22.42 | 29.95 | 22.91 | 31.50 | 54.45 | 52.91 | 17.83 | -97.18 | 16.06 | 54.55 | -0.79 | -96.84 | 85.17 | 20.64 | -4.68 | 41.79 | 54.36 | 1.55 | 124.07 | 53.25 | 9.78 | 34.85 |
| Shares (Basic) | 137M | 137M | 137M | 137M | 146M | 147M | 147M | 147M | 146M | 146M | 146M | 146M | 127M | 110M | 110M | 110M | 110M | 110M | 110M | 110M | 108M | 107M |
| Shares (Diluted) | 137M | 137M | 137M | 137M | 146M | 147M | 147M | 147M | 146M | 146M | 146M | 146M | 127M | 110M | 110M | 110M | 110M | 110M | 110M | 110M | 108M | 107M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 5,898.00M | 5,877.00M | 5,947.00M | 7,867.00M | 8,911.00M | 9,779.00M | 9,603.00M | 7,599.00M | 8,268.00M | 10,588.00M | 20,552.00M | 10,550.00M | 9,507.00M | 8,701.00M | 6,094.00M | 7,729.00M | 8,537.00M | 3,881.00M | 4,454.00M | 3,869.00M | 3,346.00M | 2,872.00M |
| Short-Term Investments | 16.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 5,914.00M | 5,877.00M | 5,947.00M | 7,867.00M | 8,911.00M | 9,779.00M | 9,603.00M | 7,599.00M | 8,268.00M | 10,588.00M | 20,552.00M | 10,550.00M | 9,507.00M | 8,701.00M | 6,094.00M | 7,729.00M | 8,537.00M | 3,881.00M | 4,454.00M | 3,869.00M | 3,346.00M | 2,872.00M |
| Net Receivables | 10,520.00M | 10,388.00M | 11,661.00M | 10,905.00M | 11,705.00M | 19,426.00M | 14,694.00M | 16,778.00M | 18,631.00M | 22,842.00M | 16,642.00M | 24,125.00M | 31,450.00M | 13,052.00M | 21,139.00M | 15,977.00M | 13,533.00M | 14,373.00M | 23,922.00M | 18,967.00M | 14,219.00M | 13,607.00M |
| Inventory | 30,738.00M | 32,798.00M | 33,980.00M | 30,893.00M | 33,606.00M | 23,020.00M | 21,677.00M | 24,313.00M | 31,306.00M | 25,359.00M | 17,166.00M | 25,457.00M | 27,438.00M | 16,806.00M | 17,933.00M | 19,658.00M | 19,838.00M | 18,170.00M | 29,671.00M | 16,829.00M | 16,454.00M | 18,862.00M |
| Other Current Assets | 1,564.00M | 1,827.00M | 2,383.00M | 2,187.00M | 2,718.00M | 1,229.00M | 1,975.00M | 955.00M | 1,592.00M | 2,471.00M | 1,812.00M | 3,256.00M | 4,722.00M | 1,460.00M | 6,174.00M | 1,114.00M | 953.00M | 1,308.00M | 1,477.00M | 1,539.00M | 1,098.00M | 1,726.00M |
| Total Current Assets | 48,736.00M | 50,890.00M | 53,971.00M | 51,852.00M | 56,940.00M | 53,454.00M | 47,949.00M | 49,645.00M | 59,797.00M | 61,260.00M | 56,172.00M | 63,388.00M | 73,117.00M | 40,019.00M | 51,340.00M | 44,478.00M | 42,861.00M | 37,732.00M | 59,524.00M | 41,204.00M | 35,117.00M | 37,067.00M |
| Property, Plant & Equipment | 27,262.00M | 27,164.00M | 27,199.00M | 26,919.00M | 26,410.00M | 23,411.00M | 22,421.00M | 21,433.00M | 24,521.00M | 19,376.00M | 13,053.00M | 13,240.00M | 24,654.00M | 17,790.00M | 18,857.00M | 20,853.00M | 22,590.00M | 21,000.00M | 21,649.00M | 19,670.00M | 20,372.00M | 19,536.00M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 801.00M | 619.00M | 543.00M | 362.00M | 164.00M | 139.00M | 146.00M | 148.00M | 81.00M | 54.00M | 47.00M | 82.00M | 101.00M | 28.00M | 42.00M | 58.00M | 91.00M | 123.00M | 270.00M | 212.00M | 207.00M | 215.00M |
| Long-Term Investments | 17,693.00M | 18,538.00M | 13,791.00M | 18,461.00M | 19,436.00M | 15,332.00M | 14,260.00M | 13,176.00M | 14,919.00M | 17,138.00M | 14,670.00M | 15,444.00M | 17,153.00M | 12,825.00M | 4,258.00M | 5,297.00M | 6,677.00M | 6,278.00M | 5,442.00M | 8,875.00M | 8,190.00M | 8,277.00M |
| Tax Assets | 868.00M | 1,150.00M | 3,289.00M | 2,412.00M | 1,107.00M | 3,171.00M | 893.00M | 316.00M | 73.00M | 59.00M | 45.00M | 40.00M | 571.00M | 648.00M | 1,526.00M | 1,064.00M | 665.00M | 540.00M | 687.00M | 88.00M | 40.00M | 69.00M |
| Other Non-Current Assets | 1,434.00M | 1,481.00M | 3,407.00M | 1,005.00M | 883.00M | 379.00M | 498.00M | 503.00M | 522.00M | 560.00M | 576.00M | 633.00M | 915.00M | 442.00M | 550.00M | 402.00M | 521.00M | 563.00M | 407.00M | 791.00M | 806.00M | 1,737.00M |
| Other Assets | 0.00M | 0.00M | 3.00M | 4.00M | 3.00M | 2.00M | 4.00M | 3.00M | 4.00M | 0.00M | 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 | 48,058.00M | 48,952.00M | 48,232.00M | 49,163.00M | 48,003.00M | 42,434.00M | 38,222.00M | 35,579.00M | 40,120.00M | 37,187.00M | 28,391.00M | 29,439.00M | 43,394.00M | 31,733.00M | 25,233.00M | 27,674.00M | 30,544.00M | 28,504.00M | 28,455.00M | 29,636.00M | 29,615.00M | 29,834.00M |
| Total Assets | 96,794.00M | 99,842.00M | 102,203.00M | 101,015.00M | 104,943.00M | 95,888.00M | 86,171.00M | 85,224.00M | 99,917.00M | 98,447.00M | 84,563.00M | 92,827.00M | 116,511.00M | 71,752.00M | 76,573.00M | 72,152.00M | 73,405.00M | 66,236.00M | 87,979.00M | 70,840.00M | 64,732.00M | 66,901.00M |
| Accounts Payable | 3,927.00M | 3,662.00M | 5,787.00M | 4,230.00M | 7,621.00M | 6,955.00M | 4,296.00M | 5,792.00M | 8,079.00M | 7,634.00M | 6,069.00M | 8,517.00M | 13,800.00M | 5,063.00M | 4,743.00M | 5,378.00M | 5,427.00M | 5,535.00M | 10,033.00M | 8,102.00M | 7,115.00M | 9,065.00M |
| Short-Term Debt | 5,776.00M | 7,770.00M | 7,565.00M | 5,538.00M | 10,982.00M | 4,796.00M | 3,541.00M | 10,308.00M | 9,587.00M | 2,496.00M | 3,609.00M | 3,093.00M | 4,806.00M | 391.00M | 2,503.00M | 4,926.00M | 2,512.00M | 2,080.00M | 12,532.00M | 9,653.00M | 11,755.00M | 16,833.00M |
| Tax Payables | 0.00M | 0.00M | 814.00M | 96.00M | 819.00M | 778.00M | 196.00M | 93.00M | 348.00M | 886.00M | 132.00M | 98.00M | 236.00M | 265.00M | 1,730.00M | 1,662.00M | 3,488.00M | 103.00M | 6,847.00M | 3,638.00M | 772.00M | 1,585.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 1,221.00M | 1,154.00M | 649.00M | 560.00M | 348.00M | 1,342.00M | 505.00M | 1,156.00M | 1,398.00M | 1,241.00M | 3,519.00M | 1,690.00M | 3,509.00M | 114.00M | 6,880.00M | 3,688.00M | 802.00M | 1,585.00M |
| Other Current Liabilities | 4,341.00M | 4,046.00M | 4,173.00M | 6,070.00M | 3,728.00M | 3,115.00M | 3,566.00M | 4,193.00M | 5,313.00M | 6,861.00M | 4,372.00M | 5,247.00M | 5,850.00M | 4,554.00M | 4,183.00M | 2,850.00M | 3,818.00M | 5,907.00M | 9,127.00M | 4,456.00M | 4,029.00M | 4,782.00M |
| Total Current Liabilities | 14,044.00M | 15,478.00M | 18,339.00M | 15,934.00M | 24,371.00M | 16,798.00M | 12,248.00M | 20,946.00M | 23,675.00M | 19,219.00M | 14,687.00M | 18,111.00M | 26,090.00M | 11,514.00M | 16,678.00M | 16,506.00M | 18,754.00M | 13,739.00M | 45,419.00M | 29,537.00M | 24,473.00M | 33,850.00M |
| Long-Term Debt | 4,287.00M | 5,394.00M | 5,498.00M | 8,866.00M | 6,192.00M | 8,751.00M | 11,310.00M | 4,090.00M | 1,027.00M | 2,986.00M | 5,072.00M | 8,092.00M | 9,130.00M | 1,600.00M | 600.00M | 600.00M | 4,400.00M | 5,000.00M | 722.00M | 5,202.00M | 5,284.00M | 0.00M |
| Capital Lease Obligations | 3,948.00M | 4,007.00M | 4,013.00M | 4,159.00M | 4,300.00M | 4,448.00M | 4,585.00M | 4,716.00M | 2,314.00M | 2,301.00M | 2.00M | 5.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 1,962.00M | 1,792.00M | 5.00M | 489.00M | 370.00M | 371.00M | 984.00M | 1,746.00M | 1,442.00M | 1,597.00M | 1,044.00M | 25.00M | 0.00M | 0.00M | 3.00M | 0.00M | 0.00M | 27.00M | 545.00M | 680.00M |
| Other Non-Current Liabilities | 366.00M | 362.00M | 366.00M | 356.00M | 451.00M | 418.00M | 1,228.00M | 540.00M | 1,669.00M | 914.00M | 2,450.00M | 639.00M | 712.00M | 754.00M | 4,568.00M | 3,469.00M | 277.00M | 2,368.00M | 2,501.00M | 169.00M | 181.00M | 2,944.00M |
| Total Non-Current Liabilities | 8,601.00M | 9,763.00M | 11,839.00M | 15,173.00M | 10,948.00M | 14,106.00M | 17,493.00M | 9,717.00M | 5,994.00M | 7,947.00M | 8,966.00M | 10,333.00M | 10,886.00M | 2,379.00M | 5,168.00M | 4,069.00M | 4,680.00M | 7,368.00M | 3,223.00M | 5,398.00M | 6,010.00M | 3,624.00M |
| Total Liabilities | 22,645.00M | 25,241.00M | 30,178.00M | 31,107.00M | 35,319.00M | 30,904.00M | 29,741.00M | 30,663.00M | 29,669.00M | 27,166.00M | 23,653.00M | 28,444.00M | 36,976.00M | 13,893.00M | 21,846.00M | 20,575.00M | 23,434.00M | 21,107.00M | 48,642.00M | 34,935.00M | 30,483.00M | 37,474.00M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 403.00M | 103.00M | 0.00M | 581.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 11,120.00M | 11,108.00M | 11,108.00M | 11,096.00M | 11,084.00M | 11,072.00M | 11,057.00M | 11,042.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M | 11,026.00M |
| Retained Earnings | 39,965.00M | 39,521.00M | 40,457.00M | 38,950.00M | 36,244.00M | 31,233.00M | 24,786.00M | 22,170.00M | 36,704.00M | 35,966.00M | 29,467.00M | 29,932.00M | 44,388.00M | 34,131.00M | 32,408.00M | 33,806.00M | 30,302.00M | 24,643.00M | 25,815.00M | 14,341.00M | 9,017.00M | 8,856.00M |
| Accumulated OCI | 5,095.00M | 5,575.00M | 4,649.00M | 4,203.00M | 3,418.00M | 524.00M | -888.00M | -403.00M | -103.00M | 2,329.00M | -581.00M | 32,348.00M | 1,635.00M | 1,535.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 0.00M | 0.00M | 0.00M | 0.00M | 37.00M | 68.00M | 63.00M | 61.00M | 58.00M | 99.00M | 179.00M | 175.00M | 224.00M | 240.00M | 221.00M | 207.00M | 193.00M | 170.00M | 574.00M | 490.00M | 531.00M | 425.00M |
| Total Shareholders’ Equity | 56,180.00M | 56,204.00M | 56,214.00M | 54,249.00M | 50,746.00M | 42,829.00M | 34,955.00M | 33,212.00M | 47,730.00M | 49,321.00M | 40,493.00M | 73,306.00M | 57,049.00M | 46,692.00M | 43,434.00M | 44,832.00M | 41,328.00M | 35,669.00M | 36,841.00M | 25,367.00M | 20,043.00M | 19,882.00M |
| Total Equity | 56,180.00M | 56,204.00M | 56,214.00M | 54,249.00M | 50,783.00M | 42,897.00M | 35,018.00M | 33,273.00M | 47,788.00M | 49,420.00M | 40,672.00M | 73,481.00M | 57,273.00M | 46,932.00M | 43,655.00M | 45,039.00M | 41,521.00M | 35,839.00M | 37,415.00M | 25,857.00M | 20,574.00M | 20,307.00M |
| Total Liabilities & Equity | 78,825.00M | 81,445.00M | 86,392.00M | 85,356.00M | 86,102.00M | 73,801.00M | 64,759.00M | 63,936.00M | 77,457.00M | 76,586.00M | 64,325.00M | 101,925.00M | 94,249.00M | 60,825.00M | 65,501.00M | 65,614.00M | 64,955.00M | 56,946.00M | 86,057.00M | 60,792.00M | 51,057.00M | 57,781.00M |
| Tangible Assets | 95,993.00M | 99,223.00M | 101,660.00M | 100,653.00M | 104,779.00M | 95,749.00M | 86,025.00M | 85,076.00M | 99,836.00M | 98,393.00M | 84,516.00M | 92,745.00M | 116,410.00M | 71,724.00M | 76,531.00M | 72,094.00M | 73,314.00M | 66,113.00M | 87,709.00M | 70,628.00M | 64,525.00M | 66,686.00M |
| Tangible Equity | 55,379.00M | 55,585.00M | 55,671.00M | 53,887.00M | 50,619.00M | 42,758.00M | 34,872.00M | 33,125.00M | 47,707.00M | 49,366.00M | 40,625.00M | 73,399.00M | 57,172.00M | 46,904.00M | 43,613.00M | 44,981.00M | 41,430.00M | 35,716.00M | 37,145.00M | 25,645.00M | 20,367.00M | 20,092.00M |
| Tangible Book Value | 55,379.00M | 55,585.00M | 55,671.00M | 53,887.00M | 50,619.00M | 42,758.00M | 34,872.00M | 33,125.00M | 47,707.00M | 49,366.00M | 40,625.00M | 73,399.00M | 57,172.00M | 46,904.00M | 43,613.00M | 44,981.00M | 41,430.00M | 35,716.00M | 37,145.00M | 25,645.00M | 20,367.00M | 20,092.00M |
| Total Investments | 17,709.00M | 18,538.00M | 13,791.00M | 18,461.00M | 19,436.00M | 15,332.00M | 14,260.00M | 13,176.00M | 14,919.00M | 17,138.00M | 14,670.00M | 15,444.00M | 17,153.00M | 12,825.00M | 4,258.00M | 5,297.00M | 6,677.00M | 6,278.00M | 5,442.00M | 8,875.00M | 8,190.00M | 8,277.00M |
| Net Debt | 4,165.00M | 7,287.00M | 7,116.00M | 6,537.00M | 8,263.00M | 3,768.00M | 5,248.00M | 6,799.00M | 2,346.00M | -5,106.00M | -11,871.00M | 635.00M | 4,429.00M | -6,710.00M | -2,991.00M | -2,203.00M | -1,625.00M | 3,199.00M | 8,800.00M | 10,986.00M | 13,693.00M | 13,961.00M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 34,021.0M | 34,311.0M | 35,154.0M | 35,762.0M | 32,011.0M | 36,173.0M | 35,562.0M | 28,568.0M | 36,395.0M | 43,324.0M | 41,987.0M | 46,433.0M | 48,425.0M | 29,746.0M | 33,339.0M | 29,662.0M | 27,616.0M | 24,107.0M | 20,952.0M | 15,305.0M | 11,446.0M | 4,802.0M |
| Total Capital | 87,666.0M | 90,839.0M | 90,753.0M | 90,264.0M | 90,659.0M | 82,251.0M | 75,803.0M | 73,321.0M | 81,937.0M | 78,484.0M | 69,914.0M | 74,782.0M | 92,308.0M | 58,064.0M | 56,286.0M | 58,586.0M | 57,621.0M | 53,086.0M | 60,282.0M | 51,744.0M | 49,445.0M | 48,504.0M |
| Capital Employed | 82,079.0M | 83,263.0M | 83,383.0M | 84,925.0M | 80,014.0M | 78,607.0M | 73,784.0M | 64,147.0M | 76,515.0M | 80,511.0M | 70,378.0M | 75,872.0M | 91,819.0M | 61,479.0M | 58,572.0M | 57,336.0M | 58,160.0M | 52,611.0M | 49,407.0M | 44,941.0M | 41,061.0M | 34,636.0M |
| Invested Capital | 81,768.0M | 84,962.0M | 84,806.0M | 82,397.0M | 81,748.0M | 72,472.0M | 66,200.0M | 65,722.0M | 73,669.0M | 67,896.0M | 49,362.0M | 64,232.0M | 82,801.0M | 49,363.0M | 50,192.0M | 50,857.0M | 49,084.0M | 49,205.0M | 55,828.0M | 47,875.0M | 46,099.0M | 45,632.0M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 3,078.00M | 4,109.00M | 3,144.00M | 4,375.00M | 10,415.00M | 6,146.00M | 2,388.00M | -14,363.00M | 3,195.00M | 8,149.00M | -271.00M | -12,753.00M | 11,638.00M | 3,714.00M | 666.00M | 7,807.00M | 9,839.00M | 245.00M | 22,482.00M | 9,876.00M | 2,160.00M | 6,216.00M |
| Depreciation & Amortization | 0.00M | 1,525.00M | 3,245.00M | 2,945.00M | 2,463.00M | 2,124.00M | 1,824.00M | 2,437.00M | 1,721.00M | 1,433.00M | 1,538.00M | 3,297.00M | 2,649.00M | 2,395.00M | 2,688.00M | 2,781.00M | 2,563.00M | 2,417.00M | 2,068.00M | 2,014.00M | 2,015.00M | 1,968.00M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | 0.00M | 0.00M | -3,750.00M | 1,545.00M | -3,599.00M | -4,007.00M | 4,022.00M | 6,486.00M | -1,011.00M | -11,873.00M | 10,809.00M | 4,623.00M | -2,755.00M | 6,045.00M | 383.00M | -2,419.00M | -2,598.00M | 14,871.00M | -13,669.00M | -4,223.00M | 542.00M | -1,807.00M |
| Accounts Receivable | 0.00M | 0.00M | -857.00M | -965.00M | 7,623.00M | -4,741.00M | 2,078.00M | 1,817.00M | 4,246.00M | -5,997.00M | 4,637.00M | 7,102.00M | -2,635.00M | 3,256.00M | -318.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 0.00M | 0.00M | -3,360.00M | 2,693.00M | -10,571.00M | -1,541.00M | 2,641.00M | 6,893.00M | -5,933.00M | -8,284.00M | 7,275.00M | 1,862.00M | 1,269.00M | 1,127.00M | 1,723.00M | 205.00M | -1,667.00M | 11,474.00M | -12,947.00M | -359.00M | 2,834.00M | -4,005.00M |
| Accounts Payable | 0.00M | 0.00M | 1,556.00M | -1,564.00M | 665.00M | 2,659.00M | -1,495.00M | -2,234.00M | 444.00M | 1,546.00M | -727.00M | -5,282.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | 0.00M | 0.00M | -1,089.00M | 1,381.00M | -1,316.00M | -384.00M | 798.00M | 10.00M | 4,922.00M | -3,589.00M | 3,534.00M | 2,761.00M | -4,024.00M | 4,918.00M | -1,340.00M | -2,624.00M | -931.00M | 3,397.00M | -722.00M | -3,864.00M | -2,292.00M | 2,198.00M |
| Other Non-Cash Items | -3,078.00M | -2,584.00M | 3,319.00M | -89.00M | -2,999.00M | 983.00M | 2,117.00M | 8,330.00M | -2,767.00M | 781.00M | 2,409.00M | 12,968.00M | -12,798.00M | -3,803.00M | 123.00M | -4,136.00M | 348.00M | -5,994.00M | -3,443.00M | -1,134.00M | -1,537.00M | -2,589.00M |
| Net Cash from Operating Activities | 0.00M | 3,050.00M | 5,958.00M | 8,776.00M | 6,280.00M | 5,246.00M | 10,351.00M | 2,890.00M | 1,138.00M | -1,510.00M | 14,485.00M | 8,135.00M | -1,266.00M | 8,351.00M | 3,860.00M | 4,033.00M | 10,152.00M | 11,539.00M | 7,438.00M | 6,533.00M | 3,180.00M | 3,788.00M |
| Capital Expenditures (PPE) | 0.00M | 0.00M | -4,299.00M | -4,791.00M | -4,543.00M | -2,718.00M | -4,631.00M | -5,084.00M | -8,864.00M | -3,924.00M | -3,220.00M | -3,059.00M | -1,904.00M | -1,332.00M | -1,103.00M | -3,539.00M | -3,084.00M | -4,665.00M | -2,383.00M | -1,572.00M | -2,061.00M | -3,215.00M |
| Acquisitions (Net) | 0.00M | 0.00M | 0.00M | 27.00M | 8.00M | 925.00M | -3,966.00M | 169.00M | 8,864.00M | 6.00M | 1,193.00M | -1.00M | -20.00M | 2,200.00M | -199.00M | 0.00M | 0.00M | 49.00M | 169.00M | -2.00M | 167.00M | 0.00M |
| Purchases of Investments | 0.00M | 0.00M | -110.00M | -236.00M | -16.00M | -13.00M | -12.00M | -12.00M | -899.00M | -257.00M | -668.00M | -60.00M | -824.00M | -6,856.00M | -706.00M | -11.00M | -28.00M | -11.00M | -277.00M | -1,518.00M | -923.00M | -8.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 0.00M | 745.00M | 407.00M | 84.00M | 34.00M | 401.00M | 4,987.00M | 339.00M | 136.00M | 1.00M | -1,418.00M | 2,193.00M | 37.00M | 0.00M | 0.00M | 427.00M | 124.00M | 78.00M | 372.00M | 0.00M |
| Other Investing Activities | 0.00M | 0.00M | -439.00M | -411.00M | -448.00M | -489.00M | -419.00M | -2,228.00M | -9,518.00M | -2,087.00M | 1,388.00M | -230.00M | -1,817.00M | -414.00M | -520.00M | -125.00M | -93.00M | -154.00M | -274.00M | -88.00M | -221.00M | -637.00M |
| Net Cash from Investing Activities | 0.00M | 0.00M | -4,848.00M | -4,666.00M | -4,592.00M | -2,211.00M | -8,994.00M | -6,754.00M | -5,430.00M | -5,923.00M | -1,171.00M | -3,349.00M | -4,565.00M | -4,209.00M | -2,292.00M | -3,675.00M | -3,205.00M | -4,403.00M | -2,810.00M | -3,177.00M | -2,821.00M | -3,860.00M |
| Net Debt Issuance | 0.00M | 0.00M | -1,528.00M | -2,409.00M | 3,442.00M | -1,458.00M | 833.00M | 3,735.00M | 5,728.00M | -2,705.00M | -2,538.00M | -2,838.00M | 3,148.00M | -1,170.00M | -2,380.00M | -10.00M | -1,922.00M | -6,160.00M | -1,525.00M | -2,168.00M | -858.00M | 191.00M |
| Long-Term Debt Issuance | 0.00M | 0.00M | -3,528.00M | 3,591.00M | -2,558.00M | -1,458.00M | 7,833.00M | 2,235.00M | -1,772.00M | -2,705.00M | -1,038.00M | -638.00M | 5,148.00M | 1,000.00M | -4,400.00M | 0.00M | -2.00M | -201.00M | -72.00M | -41.00M | 0.00M | 0.00M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 2,000.00M | -6,000.00M | 6,000.00M | 0.00M | -7,000.00M | 1,500.00M | 7,500.00M | 0.00M | -1,500.00M | -2,200.00M | -2,000.00M | -2,170.00M | 2,020.00M | -10.00M | -1,920.00M | -5,958.00M | -1,451.00M | -2,125.00M | -858.00M | 191.00M |
| Net Stock Issuance | 0.00M | 0.00M | 0.00M | -1,000.00M | -3,000.00M | 0.00M | 0.00M | 0.00M | 0.00M | -15.00M | 0.00M | 0.00M | -3.00M | -4.00M | -1.00M | -7.00M | -13.00M | -10.00M | -96.00M | -61.00M | 1,290.00M | -21.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -4.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1.00M | 9.00M | 1.00M | 1,465.00M | 1.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | -1,000.00M | -3,000.00M | 0.00M | 0.00M | 0.00M | 0.00M | -15.00M | 0.00M | 0.00M | -3.00M | -4.00M | -1.00M | -7.00M | -13.00M | -11.00M | -105.00M | -62.00M | -175.00M | -22.00M |
| 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 | 0.00M | 0.00M |
| Net Dividends Paid | 0.00M | 0.00M | -1,372.00M | -1,670.00M | -2,937.00M | -1,321.00M | 0.00M | -292.00M | -1,610.00M | -1,464.00M | -732.00M | -732.00M | -550.00M | -550.00M | -881.00M | -1,101.00M | -330.00M | -1,377.00M | -2,205.00M | -551.00M | -748.00M | -695.00M |
| Common Dividends Paid | 0.00M | 0.00M | -1,372.00M | -1,670.00M | -2,937.00M | -1,321.00M | 0.00M | -292.00M | -1,610.00M | -1,464.00M | -732.00M | -732.00M | -550.00M | -550.00M | -881.00M | -1,101.00M | -330.00M | -1,377.00M | -2,205.00M | -551.00M | -748.00M | -695.00M |
| 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 | 0.00M | 0.00M |
| Other Financing Activities | 0.00M | 0.00M | -158.00M | -163.00M | -185.00M | -141.00M | -132.00M | -143.00M | -93.00M | -43.00M | -14.00M | -34.00M | -27.00M | -14.00M | -14.00M | -6.00M | -1.00M | -2.00M | -2.00M | -2.00M | -4.00M | -3.00M |
| Net Cash from Financing Activities | 0.00M | 0.00M | -3,058.00M | -5,242.00M | -2,680.00M | -2,920.00M | 701.00M | 3,300.00M | 4,025.00M | -4,227.00M | -3,284.00M | -3,604.00M | 2,568.00M | -1,738.00M | -3,276.00M | -1,124.00M | -2,266.00M | -7,549.00M | -3,828.00M | -2,782.00M | -320.00M | -528.00M |
| Effect of FX on Cash | 0.00M | 0.00M | 29.00M | 88.00M | 124.00M | 62.00M | -55.00M | -105.00M | -119.00M | -200.00M | -28.00M | 8.00M | 92.00M | 192.00M | 68.00M | -20.00M | -25.00M | -159.00M | -244.00M | -51.00M | 38.00M | 85.00M |
| Net Change in Cash | 0.00M | -66.00M | -1,920.00M | -1,044.00M | -868.00M | 176.00M | 2,004.00M | -669.00M | -388.00M | -11,861.00M | 10,002.00M | 1,190.00M | 806.00M | 2,597.00M | -1,640.00M | -788.00M | 4,656.00M | -573.00M | 555.00M | 523.00M | 433.00M | -515.00M |
| Cash at Beginning of Period | 0.00M | 15,132.00M | 7,851.00M | 8,895.00M | 9,763.00M | 9,587.00M | 7,583.00M | 8,252.00M | 8,640.00M | 20,501.00M | 10,499.00M | 9,309.00M | 8,503.00M | 5,906.00M | 7,546.00M | 8,334.00M | 3,678.00M | 4,251.00M | 3,696.00M | 3,173.00M | 2,740.00M | 3,255.00M |
| Cash at End of Period | 0.00M | 15,066.00M | 5,931.00M | 7,851.00M | 8,895.00M | 9,763.00M | 9,587.00M | 7,583.00M | 8,252.00M | 8,640.00M | 20,501.00M | 10,499.00M | 9,309.00M | 8,503.00M | 5,906.00M | 7,546.00M | 8,334.00M | 3,678.00M | 4,251.00M | 3,696.00M | 3,173.00M | 2,740.00M |
| Operating Cash Flow | 0.00M | 3,050.00M | 5,958.00M | 8,776.00M | 6,280.00M | 5,246.00M | 10,351.00M | 2,890.00M | 1,138.00M | -1,510.00M | 14,485.00M | 8,135.00M | -1,266.00M | 8,351.00M | 3,860.00M | 4,033.00M | 10,152.00M | 11,539.00M | 7,438.00M | 6,533.00M | 3,180.00M | 3,788.00M |
| Capital Expenditure | 0.00M | 0.00M | -4,299.00M | -4,791.00M | -4,543.00M | -2,718.00M | -4,631.00M | -5,084.00M | -8,864.00M | -3,924.00M | -3,220.00M | -3,059.00M | -1,904.00M | -1,332.00M | -1,103.00M | -3,539.00M | -3,084.00M | -4,665.00M | -2,383.00M | -1,572.00M | -2,061.00M | -3,215.00M |
| Free Cash Flow | 0.00M | 3,050.00M | 1,659.00M | 3,985.00M | 1,737.00M | 2,528.00M | 5,720.00M | -2,194.00M | -7,726.00M | -5,434.00M | 11,265.00M | 5,076.00M | -3,170.00M | 7,019.00M | 2,757.00M | 494.00M | 7,068.00M | 6,874.00M | 5,055.00M | 4,961.00M | 1,119.00M | 573.00M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 10,250.25M | 8,113.00M | 10,103.00M | 7,642.00M | 15,499.00M | 14,389.00M | 10,606.00M | 466.00M | 7,674.00M | 15,040.00M | 7,279.00M | 9,409.00M | 8,714.00M | 8,810.00M | 9,112.00M | 14,344.00M | 15,391.00M | 5,995.00M | 29,877.00M | 15,194.00M | 9,174.00M | 13,749.00M |
| (-) Tax Adjustment | 3,475.41M | 0.00M | 3,409.52M | 0.00M | 3,650.41M | 0.00M | 0.00M | 4.06M | 2,034.39M | 284.23M | 2,547.65M | 0.00M | 629.70M | 3,083.50M | 3,189.20M | 5,020.40M | 5,386.85M | 978.78M | 10,456.95M | 5,317.90M | 3,210.90M | 4,812.15M |
| (-) Change In Working Capital | 0.00M | 0.00M | -3,750.00M | 1,545.00M | -3,599.00M | -4,007.00M | 4,022.00M | 6,486.00M | -1,011.00M | -11,873.00M | 10,809.00M | 4,623.00M | -2,755.00M | 6,045.00M | 383.00M | -2,419.00M | -2,598.00M | 14,871.00M | -13,669.00M | -4,223.00M | 542.00M | -1,807.00M |
| (-) Capital Expenditure | 0.00M | 0.00M | -4,299.00M | -4,791.00M | -4,543.00M | -2,718.00M | -4,631.00M | -5,084.00M | -8,864.00M | -3,924.00M | -3,220.00M | -3,059.00M | -1,904.00M | -1,332.00M | -1,103.00M | -3,539.00M | -3,084.00M | -4,665.00M | -2,383.00M | -1,572.00M | -2,061.00M | -3,215.00M |
| Unlevered Free Cash Flow | 6,774.84M | 8,113.00M | 6,144.48M | 1,306.00M | 10,904.59M | 15,678.00M | 1,953.00M | -11,108.06M | -2,213.39M | 22,704.77M | -9,297.65M | 1,727.00M | 8,935.30M | -1,650.50M | 4,436.80M | 8,203.60M | 9,518.15M | -14,519.78M | 30,706.05M | 12,527.10M | 3,360.10M | 7,528.85M |
| (-) Net Interest Income After Taxes | -280.24M | -373.00M | -243.81M | -332.00M | -246.16M | -344.00M | -450.00M | -197.27M | -190.34M | -148.15M | -107.90M | -218.00M | -137.31M | -11.70M | -24.05M | -33.80M | -44.20M | -149.78M | -150.80M | -154.70M | -109.20M | -96.85M |
| Net Debt Issuance | 0.00M | 0.00M | -1,528.00M | -2,409.00M | 3,442.00M | -1,458.00M | 833.00M | 3,735.00M | 5,728.00M | -2,705.00M | -2,538.00M | -2,838.00M | 3,148.00M | -1,170.00M | -2,380.00M | -10.00M | -1,922.00M | -6,160.00M | -1,525.00M | -2,168.00M | -858.00M | 191.00M |
| Levered Free Cash Flow | 7,055.08M | 8,486.00M | 4,860.29M | -771.00M | 14,592.75M | 14,564.00M | 3,236.00M | -7,175.79M | 3,704.95M | 20,147.92M | -11,727.75M | -893.00M | 12,220.60M | -2,808.80M | 2,080.85M | 8,227.40M | 7,640.35M | -20,530.00M | 29,331.85M | 10,513.80M | 2,611.30M | 7,816.70M |