Page: Company Financials
Aiphone Co.,Ltd.
$2,960.00
-31.00 (-1.04%)
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 | 2,740.67 | 2,924.75 | 2,537.75 | 1,878.75 | 2,109.75 | 1,558.75 | 1,720.50 | 1,725.75 | 1,890.25 | 1,803.25 | 1,952.50 | 1,889.50 | 1,650.25 | 1,558.50 | 1,447.25 | 1,448.00 | 1,601.50 | 1,760.50 |
| Market Capitalization | 44,854.63M | 47,866.41M | 41,495.79M | 30,694.30M | 34,475.29M | 25,474.71M | 28,086.70M | 28,148.33M | 30,832.32M | 29,414.35M | 31,850.02M | 33,239.85M | 30,736.45M | 29,332.32M | 27,366.18M | 27,725.88M | 30,778.16M | 34,182.04M |
| (-) Cash & Equivalents | 25,160.67M | 22,817.50M | 17,382.00M | 18,992.25M | 21,094.50M | 17,667.00M | 15,823.00M | 14,569.00M | 14,021.75M | 14,056.00M | 13,194.75M | 12,473.75M | 11,948.50M | 13,020.60M | 12,774.74M | 13,566.93M | 9,249.70M | 0.00M |
| (+) Total Debt | 401.00M | 1,032.25M | 337.25M | 312.50M | 230.25M | 170.75M | 144.50M | 79.50M | 48.00M | 65.75M | 80.00M | 87.75M | 108.75M | 33.70M | 32.73M | 47.92M | 45.96M | 0.00M |
| Enterprise Value | 20,094.96M | 26,081.16M | 24,451.04M | 12,014.55M | 13,611.04M | 7,978.46M | 12,408.20M | 13,658.83M | 16,858.57M | 15,424.10M | 18,735.27M | 20,853.85M | 18,896.70M | 16,345.43M | 14,624.18M | 14,206.87M | 21,574.41M | 34,182.04M |
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 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 62,549M | 62,160M | 63,316M | 61,334M | 52,811M | 51,991M | 46,141M | 48,494M | 46,337M | 45,113M | 43,854M | 42,670M | 41,551M | 42,505M | 36,884M | 34,124M | 31,261M | 30,691M | 35,636M | 41,605M | 41,337M | 37,550M | 37,528M |
| Cost of Revenue | 36,335M | 35,215M | 36,076M | 34,803M | 30,229M | 28,029M | 25,198M | 26,757M | 25,426M | 24,770M | 23,946M | 23,770M | 23,483M | 24,003M | 20,872M | 19,537M | 18,301M | 18,036M | 21,307M | 25,512M | 24,299M | 22,284M | 22,323M |
| Gross Profit | 26,214M | 26,945M | 27,240M | 26,531M | 22,582M | 23,962M | 20,943M | 21,737M | 20,911M | 20,343M | 19,908M | 18,900M | 18,068M | 18,502M | 16,012M | 14,587M | 12,960M | 12,655M | 14,329M | 16,093M | 17,037M | 15,266M | 15,205M |
| Gross Profit Margin | 41.9% | 43.3% | 43.0% | 43.3% | 42.8% | 46.1% | 45.4% | 44.8% | 45.1% | 45.1% | 45.4% | 44.3% | 43.5% | 43.5% | 43.4% | 42.7% | 41.5% | 41.2% | 40.2% | 38.7% | 41.2% | 40.7% | 40.5% |
| R&D Expenses | 4,750M | 2,217M | 0M | 3,971M | 3,194M | 3,194M | 3,285M | 3,328M | 3,018M | 3,154M | 3,134M | 2,143M | 1,972M | 2,719M | 2,202M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 23,624M | 20,362M | 23,425M | 18,507M | 17,218M | 15,885M | 14,935M | 16,532M | 16,136M | 15,717M | 15,263M | 14,641M | 15,038M | 15,054M | 13,330M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Operating Expenses | 23,624M | 22,580M | 23,425M | 21,263M | 18,822M | 18,424M | 17,320M | 18,903M | 18,197M | 17,537M | 17,132M | 15,854M | 15,097M | 15,116M | 13,610M | 12,965M | 12,466M | 11,969M | 13,370M | 13,468M | 12,624M | 11,397M | 11,115M |
| Operating Income (EBIT) | 2,590M | 4,365M | 3,815M | 5,268M | 3,760M | 5,538M | 3,623M | 2,834M | 2,714M | 2,806M | 2,776M | 3,046M | 2,971M | 3,386M | 2,402M | 1,623M | 495M | 686M | 959M | 2,626M | 4,413M | 3,869M | 4,089M |
| Operating Income Margin | 4.1% | 7.0% | 6.0% | 8.6% | 7.1% | 10.7% | 7.9% | 5.8% | 5.9% | 6.2% | 6.3% | 7.1% | 7.2% | 8.0% | 6.5% | 4.8% | 1.6% | 2.2% | 2.7% | 6.3% | 10.7% | 10.3% | 10.9% |
| Interest Income | 94M | 139M | 105M | 134M | 62M | 14M | 22M | 38M | 41M | 31M | 36M | 38M | 35M | 39M | 48M | 53M | 57M | 64M | 112M | 145M | 103M | 56M | 30M |
| Interest Expense | 11M | 25M | 11M | 38M | 37M | 32M | 34M | 7M | 5M | 5M | 4M | 5M | 6M | 5M | 5M | 7M | 6M | 7M | 9M | 8M | 6M | 7M | 6M |
| Net Interest Income | 83M | 114M | 94M | 96M | 25M | -18M | -12M | 31M | 36M | 26M | 32M | 33M | 29M | 34M | 43M | 46M | 50M | 57M | 104M | 137M | 98M | 49M | 24M |
| Unusual Items | 607M | 509M | 604M | 815M | 500M | 508M | 76M | 39M | 242M | -590M | -45M | 1,091M | 12M | 30M | -198M | -365M | -129M | -114M | -173M | 234M | -32M | -219M | -5M |
| EBT Excluding Unusual Items | 2,673M | 4,479M | 3,909M | 5,364M | 3,785M | 5,520M | 3,611M | 2,865M | 2,750M | 2,832M | 2,808M | 3,079M | 3,000M | 3,420M | 2,445M | 1,669M | 545M | 742M | 1,062M | 2,762M | 4,511M | 3,918M | 4,113M |
| Pre-Tax Income | 3,280M | 4,988M | 4,513M | 6,179M | 4,285M | 6,028M | 3,687M | 2,904M | 2,992M | 2,242M | 2,763M | 4,170M | 3,012M | 3,450M | 2,247M | 1,303M | 416M | 628M | 890M | 2,996M | 4,479M | 3,699M | 4,109M |
| Pre-Tax Margin | 5.2% | 8.0% | 7.1% | 10.1% | 8.1% | 11.6% | 8.0% | 6.0% | 6.5% | 5.0% | 6.3% | 9.8% | 7.2% | 8.1% | 6.1% | 3.8% | 1.3% | 2.0% | 2.5% | 7.2% | 10.8% | 9.9% | 10.9% |
| Income Tax Expense | 499M | 1,286M | 893M | 1,533M | 1,356M | 1,801M | 680M | 533M | 705M | 708M | 690M | 700M | 997M | 1,371M | 797M | 686M | 241M | 34M | 473M | 1,014M | 1,601M | 1,229M | 1,406M |
| Net Income | 2,780M | 3,700M | 3,619M | 4,645M | 2,929M | 4,226M | 3,007M | 2,370M | 2,287M | 1,533M | 2,073M | 3,299M | 1,974M | 2,060M | 1,397M | 594M | 147M | 562M | 391M | 1,913M | 2,808M | 2,397M | 2,647M |
| Net Income Margin | 4.4% | 6.0% | 5.7% | 7.6% | 5.5% | 8.1% | 6.5% | 4.9% | 4.9% | 3.4% | 4.7% | 7.7% | 4.8% | 4.8% | 3.8% | 1.7% | 0.5% | 1.8% | 1.1% | 4.6% | 6.8% | 6.4% | 7.1% |
| Depreciation & Amortization | 1,241M | 1,060M | 1,225M | 1,021M | 964M | 951M | 981M | 968M | 901M | 866M | 754M | 824M | 859M | 622M | 548M | 484M | 555M | 595M | 726M | 669M | 636M | 618M | 494M |
| EBITDA | 3,831M | 5,425M | 5,040M | 6,289M | 4,724M | 6,489M | 4,604M | 3,802M | 3,615M | 3,672M | 3,530M | 3,870M | 3,830M | 4,008M | 2,950M | 2,106M | 1,049M | 1,280M | 1,685M | 3,295M | 5,049M | 4,487M | 4,584M |
| EBITDA Margin | 6.1% | 8.7% | 8.0% | 10.3% | 8.9% | 12.5% | 10.0% | 7.8% | 7.8% | 8.1% | 8.0% | 9.1% | 9.2% | 9.4% | 8.0% | 6.2% | 3.4% | 4.2% | 4.7% | 7.9% | 12.2% | 11.9% | 12.2% |
| NOPAT | 2,196M | 3,240M | 3,060M | 3,961M | 2,570M | 3,883M | 2,955M | 2,314M | 2,075M | 1,920M | 2,083M | 2,535M | 1,988M | 2,040M | 1,550M | 768M | 208M | 649M | 449M | 1,736M | 2,835M | 2,584M | 2,690M |
| NOPAT Margin | 3.5% | 5.2% | 4.8% | 6.5% | 4.9% | 7.5% | 6.4% | 4.8% | 4.5% | 4.3% | 4.7% | 5.9% | 4.8% | 4.8% | 4.2% | 2.3% | 0.7% | 2.1% | 1.3% | 4.2% | 6.9% | 6.9% | 7.2% |
| Owner's Earnings | 4,021M | 4,760M | 3,764M | 4,884M | 745M | 4,622M | 3,306M | 2,593M | 2,002M | 333M | -406M | 3,054M | 1,934M | 1,914M | 1,358M | 739M | 437M | 789M | 408M | 1,309M | 2,661M | 2,151M | 2,540M |
| Owner's Earnings Margin | 6.4% | 7.7% | 5.9% | 8.0% | 1.4% | 8.9% | 7.2% | 5.3% | 4.3% | 0.7% | -0.9% | 7.2% | 4.7% | 4.5% | 3.7% | 2.2% | 1.4% | 2.6% | 1.1% | 3.1% | 6.4% | 5.7% | 6.8% |
| EPS (Basic) | 169.87 | 226.09 | 221.13 | 283.97 | 179.30 | 258.62 | 184.00 | 145.10 | 140.22 | 93.98 | 127.10 | 202.26 | 115.83 | 110.36 | 74.38 | 31.46 | 7.68 | 29.26 | 20.00 | 95.78 | 140.55 | 119.37 | 130.95 |
| EPS (Diluted) | 169.86 | 226.08 | 221.13 | 283.98 | 179.30 | 258.62 | 184.00 | 145.10 | 140.22 | 93.98 | 127.09 | 202.24 | 115.78 | 110.87 | 74.35 | 31.46 | 7.68 | 29.26 | 20.00 | 95.78 | 140.55 | 120.00 | 132.04 |
| Shares (Basic) | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 17M | 19M | 19M | 19M | 19M | 19M | 20M | 20M | 20M | 20M | 20M |
| Shares (Diluted) | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 16M | 17M | 19M | 19M | 19M | 19M | 19M | 20M | 20M | 20M | 20M | 20M |
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 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 25,487.00M | 24,766.00M | 25,229.00M | 22,129.00M | 14,325.00M | 23,649.00M | 19,773.00M | 18,100.00M | 15,645.00M | 13,632.00M | 15,786.00M | 14,816.00M | 12,488.00M | 13,621.00M | 12,163.00M | 13,732.50M | 13,563.35M | 14,292.61M | 11,373.11M | 12,612.34M | 11,517.28M | 11,382.51M | 10,794.94M |
| Short-Term Investments | 1,171.00M | 398.00M | 299.00M | 598.00M | 652.00M | 689.00M | 595.00M | 897.00M | 901.00M | 1,197.00M | 1,042.00M | 2,606.00M | 2,484.00M | 3,324.00M | 3,535.00M | 2,599.92M | 2,520.48M | 2,520.99M | 2,438.32M | 1,917.04M | 1,661.79M | 817.96M | 1,307.31M |
| Cash & Short-Term Investments | 26,658.00M | 25,164.00M | 25,528.00M | 22,727.00M | 14,977.00M | 24,338.00M | 20,368.00M | 18,997.00M | 16,546.00M | 14,829.00M | 16,828.00M | 17,422.00M | 14,972.00M | 16,945.00M | 15,698.00M | 16,332.42M | 16,083.83M | 16,813.60M | 13,811.43M | 14,529.38M | 13,179.07M | 12,200.47M | 12,102.25M |
| Net Receivables | 12,755.00M | 11,636.00M | 13,408.00M | 13,500.00M | 13,309.00M | 11,573.00M | 11,597.00M | 11,383.00M | 11,857.00M | 11,357.00M | 11,166.00M | 10,599.00M | 10,025.00M | 10,042.00M | 9,403.00M | 8,827.10M | 7,914.35M | 7,406.03M | 8,960.88M | 10,621.45M | 12,405.26M | 12,095.53M | 10,877.03M |
| Inventory | 17,140.00M | 17,158.00M | 16,565.00M | 20,697.00M | 21,703.00M | 16,168.00M | 10,849.00M | 9,230.00M | 9,617.00M | 9,068.00M | 8,356.00M | 7,930.00M | 7,959.00M | 7,298.00M | 7,676.00M | 6,379.23M | 6,368.72M | 6,023.61M | 7,479.76M | 8,559.83M | 9,591.95M | 7,741.73M | 7,429.77M |
| Other Current Assets | 1,025.00M | 790.00M | 832.00M | 909.00M | 1,081.00M | 466.00M | 363.00M | 357.00M | 355.00M | 1,000.00M | 1,123.00M | 1,212.00M | 1,143.00M | 1,046.00M | 1,113.00M | 895.65M | 910.20M | 1,021.24M | 865.41M | 1,047.71M | 988.98M | 885.17M | 1,015.02M |
| Total Current Assets | 57,578.00M | 54,748.00M | 56,333.00M | 57,833.00M | 51,070.00M | 52,545.00M | 43,177.00M | 39,967.00M | 38,375.00M | 36,254.00M | 37,473.00M | 37,163.00M | 34,099.00M | 35,331.00M | 33,890.00M | 32,434.39M | 31,277.10M | 31,264.49M | 31,117.48M | 34,758.36M | 36,165.25M | 32,922.89M | 31,424.06M |
| Property, Plant & Equipment | 8,069.00M | 8,137.00M | 8,231.00M | 8,184.00M | 7,786.00M | 5,232.00M | 8,758.00M | 8,809.00M | 8,976.00M | 8,664.00M | 7,360.00M | 5,310.00M | 4,859.00M | 4,621.00M | 4,550.00M | 4,296.01M | 4,931.63M | 5,312.61M | 5,500.22M | 6,052.52M | 5,295.82M | 5,080.26M | 4,782.87M |
| 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 | 0.00M |
| Intangible Assets | 0.00M | 0.00M | 0.00M | 1.00M | 10,340.00M | 0.00M | 11,597.00M | 11,383.00M | 0.00M | 0.00M | 11,166.00M | 19.00M | 10,025.00M | 10,042.00M | 9,403.00M | 8,827.10M | 7,914.35M | 7,406.03M | 8,960.88M | 10,621.45M | 0.00M | 12,095.53M | 23.57M |
| Long-Term Investments | 8,508.00M | 9,056.00M | 9,059.00M | 10,636.00M | 7,806.00M | 9,192.00M | 7,922.00M | 5,702.00M | 8,483.00M | 6,730.00M | 6,377.00M | 5,090.00M | 5,142.00M | 4,959.00M | 4,008.00M | 4,901.24M | 5,124.77M | 5,241.83M | 4,720.80M | 5,193.78M | 5,684.57M | 6,861.77M | 4,303.30M |
| Tax Assets | 1,834.00M | 1,783.00M | 1,879.00M | 1,762.00M | 2,341.00M | 2,482.00M | 2,014.00M | 2,189.00M | 1,662.00M | 347.00M | 460.00M | 227.00M | 73.00M | 521.00M | 564.00M | 633.78M | 566.42M | 418.24M | 559.01M | 359.69M | 0.00M | 9.92M | 304.65M |
| Other Non-Current Assets | 1,487.00M | 1,489.00M | 1,535.00M | 0.00M | 2,532.00M | 1,173.00M | 3,320.00M | 3,814.00M | 1,417.00M | 9,367.00M | 1,432.00M | 4,388.00M | 2,536.00M | 2,404.00M | 2,219.00M | 757.79M | 732.05M | 658.69M | 679.47M | 654.62M | 2,354.03M | 607.50M | 2,313.31M |
| Other Assets | 0.00M | 0.00M | 1.00M | 1.00M | 2.00M | 2.00M | 1.00M | 2.00M | 2.00M | 2.00M | 2.00M | 1.00M | 1.00M | 1.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 19,898.00M | 20,465.00M | 20,705.00M | 20,584.00M | 30,807.00M | 18,081.00M | 33,612.00M | 31,899.00M | 20,540.00M | 25,110.00M | 26,797.00M | 15,035.00M | 22,636.00M | 22,548.00M | 20,744.00M | 19,415.93M | 19,269.21M | 19,037.39M | 20,420.38M | 22,882.05M | 13,334.42M | 24,654.97M | 11,727.69M |
| Total Assets | 77,476.00M | 75,213.00M | 77,038.00M | 78,417.00M | 81,877.00M | 70,626.00M | 76,789.00M | 71,866.00M | 58,915.00M | 61,364.00M | 64,270.00M | 52,198.00M | 56,735.00M | 57,879.00M | 54,634.00M | 51,850.32M | 50,546.30M | 50,301.88M | 51,537.86M | 57,640.41M | 49,499.67M | 57,577.86M | 43,151.76M |
| Accounts Payable | 2,937.00M | 2,671.00M | 2,604.00M | 1,932.00M | 2,681.00M | 3,031.00M | 2,230.00M | 1,326.00M | 1,789.00M | 1,593.00M | 1,710.00M | 1,505.00M | 1,419.00M | 1,427.00M | 1,456.00M | 1,284.00M | 1,498.14M | 977.72M | 1,238.98M | 1,523.93M | 1,951.13M | 1,581.82M | 1,922.23M |
| Short-Term Debt | 185.00M | 0.00M | 0.00M | 0.00M | 0.00M | 129.00M | 105.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Payables | 0.00M | 0.00M | 0.00M | 1,029.00M | 211.00M | 1,569.00M | 589.00M | 451.00M | 701.00M | 266.00M | 963.00M | 229.00M | 248.00M | 980.00M | 695.00M | 521.45M | 230.92M | 233.96M | 47.16M | 434.40M | 928.76M | 909.48M | 1,065.35M |
| Deferred Revenue | 393.00M | 418.00M | 363.00M | 361.00M | 883.00M | 2,845.00M | 1,207.00M | 882.00M | 991.00M | 0.00M | 1,150.00M | 442.00M | 418.00M | 1,208.00M | 1,010.00M | 798.18M | 438.68M | 430.06M | 285.46M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Current Liabilities | 5,252.00M | 4,106.00M | 5,437.00M | 6,910.00M | 5,228.00M | 2,960.00M | 4,647.00M | 5,434.00M | 5,340.00M | 4,332.00M | 5,571.00M | 4,612.00M | 3,905.00M | 3,619.00M | 4,022.00M | 3,562.49M | 3,147.22M | 2,696.93M | 2,687.46M | 3,151.44M | 2,937.24M | 2,602.00M | 2,621.12M |
| Total Current Liabilities | 8,767.00M | 7,195.00M | 8,404.00M | 10,232.00M | 9,003.00M | 10,534.00M | 8,778.00M | 8,093.00M | 8,821.00M | 6,191.00M | 9,394.00M | 6,788.00M | 5,990.00M | 7,234.00M | 7,183.00M | 6,166.11M | 5,314.96M | 4,338.66M | 4,259.06M | 5,109.77M | 5,817.14M | 5,093.30M | 5,608.70M |
| Long-Term Debt | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.71M | 0.00M | 522.30M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Capital Lease Obligations | 0.00M | 415.00M | 413.00M | 459.00M | 325.00M | 323.00M | 211.00M | 181.00M | 94.00M | 67.00M | 51.00M | 75.00M | 86.00M | 96.00M | 114.00M | 30.32M | 38.24M | 53.72M | 64.79M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Tax Liabilities | 121.00M | 121.00M | 121.00M | 122.00M | 142.00M | 200.00M | 118.00M | 118.00M | 118.00M | 118.00M | 118.00M | 118.00M | 132.00M | 137.00M | 137.00M | 137.31M | 158.13M | 159.12M | 160.11M | 159.44M | 190.25M | 340.54M | 4.34M |
| Other Non-Current Liabilities | 1,078.00M | 1,062.00M | 1,044.00M | 2,691.00M | 2,738.00M | 2,468.00M | 2,022.00M | 1,937.00M | 1,885.00M | 506.00M | 1,563.00M | 1,450.00M | 1,376.00M | 1,301.00M | 1,200.00M | 1,106.69M | 1,039.37M | 1,026.79M | 1,065.95M | 1,474.76M | 1,371.22M | 1,500.17M | 1,557.78M |
| Total Non-Current Liabilities | 1,199.00M | 1,598.00M | 1,578.00M | 3,272.00M | 3,205.00M | 2,991.00M | 2,351.00M | 2,236.00M | 2,097.00M | 691.00M | 1,732.00M | 1,643.00M | 1,594.00M | 1,534.00M | 1,451.00M | 1,275.03M | 1,235.75M | 1,761.93M | 1,290.85M | 1,634.20M | 1,561.47M | 1,840.72M | 1,562.12M |
| Total Liabilities | 9,966.00M | 8,793.00M | 9,982.00M | 13,504.00M | 12,208.00M | 13,525.00M | 11,129.00M | 10,329.00M | 10,918.00M | 6,882.00M | 11,126.00M | 8,431.00M | 7,584.00M | 8,768.00M | 8,634.00M | 7,441.14M | 6,550.71M | 6,100.59M | 5,549.91M | 6,743.97M | 7,378.61M | 6,934.02M | 7,170.82M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 51,630.00M | 48,953.00M | 0.00M | 45,160.00M | 0.00M | 0.00M | 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 | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.00M | 5,388.84M | 5,388.84M | 5,388.84M | 5,388.84M | 5,388.84M | 5,388.84M | 5,388.84M | 5,388.84M |
| Retained Earnings | 49,085.00M | 49,408.00M | 50,503.00M | 49,011.00M | 45,837.00M | 44,476.00M | 41,372.00M | 39,198.00M | 37,640.00M | 35,875.00M | 34,878.00M | 33,294.00M | 34,692.00M | 32,593.00M | 31,531.00M | 32,717.46M | 32,614.19M | 32,947.71M | 32,769.79M | 33,019.82M | 31,687.98M | 29,275.65M | 27,363.96M |
| Accumulated OCI | 9,695.00M | 9,070.00M | 9,031.00M | 8,247.00M | 4,974.00M | 3,872.00M | 3,316.00M | 1,398.00M | 2,153.00M | 2,637.00M | 1,815.00M | 1,458.00M | 2,773.00M | 1,246.00M | 424.00M | 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1,290.00M | 1,209.00M | 1,002.00M | 998.00M | 836.73M | 824.38M | 896.16M | 919.74M | 899.79M | 1,020.30M | 944.06M | 739.47M |
| Total Shareholders’ Equity | 64,168.00M | 63,866.00M | 64,922.00M | 62,646.00M | 56,199.00M | 105,366.00M | 99,029.00M | 45,984.00M | 90,341.00M | 43,900.00M | 42,081.00M | 40,140.00M | 42,853.00M | 39,227.00M | 37,343.00M | 38,106.30M | 38,003.03M | 38,336.56M | 38,158.64M | 38,408.66M | 37,076.82M | 34,664.50M | 32,752.80M |
| Total Equity | 64,168.00M | 63,866.00M | 64,922.00M | 62,646.00M | 56,199.00M | 105,366.00M | 99,029.00M | 45,984.00M | 90,341.00M | 43,900.00M | 42,081.00M | 41,430.00M | 44,062.00M | 40,229.00M | 38,341.00M | 38,943.03M | 38,827.41M | 39,232.72M | 39,078.37M | 39,308.46M | 38,097.12M | 35,608.56M | 33,492.27M |
| Total Liabilities & Equity | 74,134.00M | 72,659.00M | 74,904.00M | 76,150.00M | 68,407.00M | 118,891.00M | 110,158.00M | 56,313.00M | 101,259.00M | 50,782.00M | 53,207.00M | 49,861.00M | 51,646.00M | 48,997.00M | 46,975.00M | 46,384.17M | 45,378.12M | 45,333.31M | 44,628.28M | 46,052.42M | 45,475.72M | 42,542.58M | 40,663.09M |
| Tangible Assets | 77,476.00M | 75,213.00M | 77,038.00M | 78,416.00M | 71,537.00M | 70,626.00M | 65,192.00M | 60,483.00M | 58,915.00M | 61,364.00M | 53,104.00M | 52,179.00M | 46,710.00M | 47,837.00M | 45,231.00M | 43,023.22M | 42,631.95M | 42,895.85M | 42,576.98M | 47,018.96M | 49,499.67M | 45,482.33M | 43,128.19M |
| Tangible Equity | 64,168.00M | 63,866.00M | 64,922.00M | 62,645.00M | 45,859.00M | 105,366.00M | 87,432.00M | 34,601.00M | 90,341.00M | 43,900.00M | 30,915.00M | 41,411.00M | 34,037.00M | 30,187.00M | 28,938.00M | 30,115.93M | 30,913.06M | 31,826.69M | 30,117.49M | 28,687.01M | 38,097.12M | 23,513.03M | 33,468.71M |
| Tangible Book Value | 64,168.00M | 63,866.00M | 64,922.00M | 62,645.00M | 45,859.00M | 105,366.00M | 87,432.00M | 34,601.00M | 90,341.00M | 43,900.00M | 30,915.00M | 41,411.00M | 34,037.00M | 30,187.00M | 28,938.00M | 30,115.93M | 30,913.06M | 31,826.69M | 30,117.49M | 28,687.01M | 38,097.12M | 23,513.03M | 33,468.71M |
| Total Investments | 9,679.00M | 9,454.00M | 9,358.00M | 11,234.00M | 8,458.00M | 9,881.00M | 8,517.00M | 6,599.00M | 9,384.00M | 7,927.00M | 7,419.00M | 7,696.00M | 7,626.00M | 8,283.00M | 7,543.00M | 7,501.16M | 7,645.24M | 7,762.82M | 7,159.12M | 7,110.82M | 7,346.36M | 7,679.74M | 5,610.61M |
| Net Debt | -25,302.00M | -24,766.00M | -25,229.00M | -22,129.00M | -14,325.00M | -23,520.00M | -19,668.00M | -18,100.00M | -15,645.00M | -13,632.00M | -15,786.00M | -14,816.00M | -12,488.00M | -13,621.00M | -12,163.00M | -13,731.79M | -13,563.35M | -13,770.31M | -11,373.11M | -12,612.34M | -11,517.28M | -11,382.51M | -10,794.94M |
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 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 48,470.0M | 46,651.0M | 47,470.0M | 47,392.0M | 41,931.0M | 41,882.0M | 34,281.0M | 31,799.0M | 30,622.0M | 29,771.0M | 29,541.0M | 30,460.0M | 28,329.0M | 29,049.0M | 27,688.0M | 27,053.9M | 26,386.9M | 27,340.4M | 27,129.2M | 29,648.6M | 30,348.1M | 27,829.6M | 25,803.6M |
| Total Capital | 67,351.0M | 66,122.0M | 67,176.0M | 65,372.0M | 58,714.0M | 56,251.0M | 52,480.0M | 48,357.0M | 47,407.0M | 46,100.0M | 44,267.0M | 42,327.0M | 40,845.0M | 41,226.0M | 39,682.0M | 37,643.8M | 37,797.4M | 39,079.3M | 38,547.9M | 41,292.2M | 41,100.8M | 38,422.2M | 35,071.0M |
| Capital Employed | 68,368.0M | 67,116.0M | 68,174.0M | 67,975.0M | 61,458.0M | 58,790.0M | 54,933.0M | 50,856.0M | 49,744.0M | 48,151.0M | 46,214.0M | 45,495.0M | 43,611.0M | 44,879.0M | 42,564.0M | 40,242.7M | 40,262.2M | 41,492.8M | 41,027.0M | 43,826.2M | 43,682.5M | 41,207.0M | 37,531.3M |
| Invested Capital | 41,864.0M | 41,356.0M | 41,947.0M | 43,243.0M | 44,389.0M | 32,602.0M | 32,707.0M | 30,257.0M | 31,762.0M | 32,468.0M | 28,481.0M | 27,511.0M | 28,357.0M | 27,605.0M | 27,519.0M | 23,911.3M | 24,234.0M | 24,786.7M | 27,174.7M | 28,679.9M | 29,583.5M | 27,039.7M | 24,276.1M |
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 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2,516.00M | 4,451.00M | 3,619.00M | 4,645.00M | 4,285.00M | 6,028.00M | 3,687.00M | 2,904.00M | 2,992.00M | 2,242.00M | 2,763.00M | 4,170.00M | 3,012.00M | 3,450.00M | 2,247.00M | 1,303.15M | 415.64M | 628.25M | 889.78M | 2,995.75M | 4,479.05M | 3,698.99M | 4,108.70M |
| Depreciation & Amortization | 0.00M | 526.00M | 1,225.00M | 1,021.00M | 964.00M | 951.00M | 981.00M | 968.00M | 901.00M | 866.00M | 754.00M | 824.00M | 859.00M | 622.00M | 548.00M | 483.88M | 554.76M | 594.51M | 726.08M | 669.22M | 636.11M | 617.96M | 494.19M |
| 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 | 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 | 0.00M |
| Change in Working Capital | 0.00M | 0.00M | 2,122.00M | 2,816.00M | -7,054.00M | -4,140.00M | -245.00M | 249.00M | -501.00M | -947.00M | -667.00M | -235.00M | -347.00M | 195.00M | -1,175.00M | -1,199.21M | -499.76M | 2,801.11M | 1,923.89M | 2,086.68M | -1,470.38M | -1,706.65M | -1,784.05M |
| Accounts Receivable | 0.00M | 0.00M | 149.00M | 346.00M | -1,522.00M | 249.00M | -11.00M | 354.00M | -462.00M | -170.00M | -614.00M | -785.00M | 154.00M | -323.00M | -344.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 0.00M | 0.00M | 4,321.00M | 1,913.00M | -4,935.00M | -4,771.00M | -1,367.00M | 219.00M | -476.00M | -689.00M | -439.00M | -282.00M | -358.00M | 587.00M | -902.00M | -99.74M | -470.25M | 1,424.16M | 746.22M | 759.43M | -1,501.30M | -135.39M | -1,535.58M |
| Accounts Payable | 0.00M | 0.00M | -74.00M | -915.00M | 41.00M | 34.00M | 946.00M | -567.00M | 230.00M | -241.00M | 309.00M | 790.00M | 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 | 0.00M | 0.00M | -2,274.00M | 1,472.00M | -638.00M | 348.00M | 187.00M | 243.00M | 207.00M | -258.00M | -228.00M | 47.00M | 11.00M | -392.00M | -273.00M | -1,099.47M | -29.51M | 1,376.95M | 1,177.67M | 1,327.25M | 30.92M | -1,571.26M | -248.47M |
| Other Non-Cash Items | -2,516.00M | -3,925.00M | -1,249.00M | 574.00M | -2,976.00M | -967.00M | -1,308.00M | 8.00M | 63.00M | -1,421.00M | 140.00M | -1,086.00M | -1,729.00M | -1,022.00M | -651.00M | 525.22M | 488.97M | -171.59M | -460.94M | -1,098.18M | -1,526.94M | -575.28M | -1,494.25M |
| Net Cash from Operating Activities | 0.00M | 1,052.00M | 5,717.00M | 9,056.00M | -4,781.00M | 1,872.00M | 3,115.00M | 4,129.00M | 3,455.00M | 740.00M | 2,990.00M | 3,673.00M | 1,795.00M | 3,245.00M | 969.00M | 1,113.04M | 959.61M | 3,852.29M | 3,078.81M | 4,653.47M | 2,117.84M | 2,035.03M | 1,324.60M |
| Capital Expenditures (PPE) | 0.00M | 0.00M | -1,080.00M | -782.00M | -3,148.00M | -555.00M | -682.00M | -745.00M | -1,186.00M | -2,066.00M | -3,233.00M | -1,069.00M | -899.00M | -768.00M | -587.00M | -339.55M | -265.12M | -367.67M | -709.12M | -1,273.22M | -782.30M | -864.19M | -601.75M |
| Acquisitions (Net) | 0.00M | 0.00M | 0.00M | 0.00M | 26.00M | -197.00M | -3.00M | 23.00M | 10.00M | 17.00M | 1.00M | 887.00M | 0.00M | 1.00M | 8.00M | 2.93M | 0.61M | 39.03M | 0.00M | 6.32M | 0.07M | 8.14M | 150.98M |
| Purchases of Investments | 0.00M | 0.00M | -2,218.00M | -818.00M | -1,817.00M | -2,244.00M | -2,817.00M | -1,623.00M | -2,149.00M | -2,659.00M | -1,511.00M | -1,819.00M | -437.00M | -1,945.00M | -2,304.00M | -1,011.88M | -1,027.47M | -855.55M | -1,651.25M | -1,186.99M | -1,858.37M | -1,639.49M | -1,215.99M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 2,567.00M | 1,639.00M | 2,405.00M | 2,441.00M | 2,203.00M | 1,683.00M | 2,395.00M | 2,151.00M | 2,963.00M | 1,324.00M | 2,823.00M | 1,327.00M | 1,134.00M | 1,091.58M | 815.47M | 735.65M | 720.52M | 1,147.53M | 784.38M | 707.72M | 708.37M |
| Other Investing Activities | 0.00M | 0.00M | 2.00M | -97.00M | 1.00M | 4,284.00M | 3.00M | 3.00M | 29.00M | 14.00M | 1.00M | -28.00M | 19.00M | 25.00M | -343.00M | -0.57M | -0.22M | -433.71M | 38.77M | 16.00M | 0.00M | 0.00M | 42.42M |
| Net Cash from Investing Activities | 0.00M | 0.00M | -729.00M | -58.00M | -2,533.00M | 3,729.00M | -1,296.00M | -659.00M | -901.00M | -2,560.00M | -1,779.00M | -705.00M | 1,506.00M | -1,360.00M | -2,092.00M | -257.48M | -476.72M | -882.25M | -1,601.09M | -1,290.36M | -1,856.22M | -1,787.82M | -915.98M |
| Net Debt Issuance | 0.00M | 0.00M | -285.00M | -226.00M | -189.00M | -105.00M | -105.00M | -45.00M | -25.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -7.51M |
| Long-Term Debt Issuance | 0.00M | 0.00M | -285.00M | -226.00M | -189.00M | -105.00M | -105.00M | -45.00M | -25.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Short-Term Debt 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 | -7.51M |
| Net Stock Issuance | 0.00M | 0.00M | -1.00M | 0.00M | 0.00M | -1.00M | 0.00M | 0.00M | 0.00M | 0.00M | -1.00M | -1.00M | -3,998.00M | -322.00M | -143.00M | -133.00M | -404.82M | -1.03M | -1,209.81M | -1.38M | -2.07M | -2.34M | -225.05M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 189.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | -1.00M | 0.00M | -1.00M | -1.00M | 0.00M | 0.00M | 0.00M | 0.00M | -1.00M | -1.00M | -3,998.00M | -322.00M | -143.00M | -133.00M | -404.82M | -1.03M | -1,209.81M | -1.38M | -2.07M | -2.34M | -225.05M |
| 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 | 0.00M |
| Net Dividends Paid | 0.00M | 0.00M | -2,127.00M | -1,471.00M | -1,568.00M | -1,225.00M | -833.00M | -800.00M | -521.00M | -538.00M | -489.00M | -489.00M | -615.00M | -559.00M | -470.00M | -472.74M | -480.45M | -384.37M | -693.15M | -559.28M | -399.51M | -449.47M | -402.02M |
| Common Dividends Paid | 0.00M | 0.00M | -2,127.00M | -1,471.00M | -1,568.00M | -1,225.00M | -833.00M | -800.00M | -521.00M | -538.00M | -489.00M | -489.00M | -615.00M | -559.00M | -470.00M | -472.74M | -480.45M | -384.37M | -693.15M | -559.28M | -399.51M | -449.47M | -402.02M |
| 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 | 0.74M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | 0.00M | 0.00M | -1.00M | -2.00M | -1.00M | -1.00M | -1.00M | -1.00M | -2.00M | -31.00M | -1,299.00M | -36.00M | -33.00M | -31.00M | -21.00M | -17.97M | -19.26M | -19.91M | -17.77M | -7.80M | -9.62M | -7.92M | -5.48M |
| Net Cash from Financing Activities | 0.00M | 0.00M | -2,414.00M | -1,699.00M | -1,758.00M | -1,332.00M | -939.00M | -846.00M | -548.00M | -569.00M | -1,789.00M | -526.00M | -4,646.00M | -912.00M | -634.00M | -622.97M | -904.52M | -405.31M | -1,920.73M | -568.46M | -411.20M | -459.74M | -640.06M |
| Effect of FX on Cash | 0.00M | 0.00M | 165.00M | 533.00M | 251.00M | 309.00M | 214.00M | -114.00M | 72.00M | 47.00M | -33.00M | -476.00M | 475.00M | 258.00M | 451.00M | -46.07M | -258.68M | -68.70M | -295.61M | -599.03M | 274.45M | 259.48M | 18.96M |
| Net Change in Cash | 0.00M | 3,851.00M | 2,739.00M | 7,831.00M | -8,821.00M | 4,579.00M | 1,094.00M | 2,510.00M | 2,079.00M | -2,342.00M | -612.00M | 1,964.00M | -868.00M | 642.00M | -1,522.00M | 186.53M | -680.32M | 2,496.03M | -738.60M | 2,195.63M | 124.87M | 46.95M | -212.49M |
| Cash at Beginning of Period | 0.00M | 54,999.00M | 21,587.00M | 13,756.00M | 22,577.00M | 17,998.00M | 16,904.00M | 14,394.00M | 12,315.00M | 14,657.00M | 15,269.00M | 13,305.00M | 14,173.00M | 13,531.00M | 15,053.00M | 14,866.79M | 15,547.11M | 13,051.07M | 13,789.68M | 11,594.05M | 11,469.18M | 11,422.22M | 11,634.71M |
| Cash at End of Period | 0.00M | 60,739.00M | 24,326.00M | 21,587.00M | 13,756.00M | 22,577.00M | 17,998.00M | 16,904.00M | 14,394.00M | 12,315.00M | 14,657.00M | 15,269.00M | 13,305.00M | 14,173.00M | 13,531.00M | 15,053.32M | 14,866.79M | 15,547.11M | 13,051.07M | 13,789.68M | 11,594.05M | 11,469.18M | 11,422.22M |
| Operating Cash Flow | 0.00M | 1,052.00M | 5,717.00M | 9,056.00M | -4,781.00M | 1,872.00M | 3,115.00M | 4,129.00M | 3,455.00M | 740.00M | 2,990.00M | 3,673.00M | 1,795.00M | 3,245.00M | 969.00M | 1,113.04M | 959.61M | 3,852.29M | 3,078.81M | 4,653.47M | 2,117.84M | 2,035.03M | 1,324.60M |
| Capital Expenditure | 0.00M | 0.00M | -1,080.00M | -782.00M | -3,148.00M | -555.00M | -682.00M | -745.00M | -1,186.00M | -2,066.00M | -3,233.00M | -1,069.00M | -899.00M | -768.00M | -587.00M | -339.55M | -265.12M | -367.67M | -709.12M | -1,273.22M | -782.30M | -864.19M | -601.75M |
| Free Cash Flow | 0.00M | 1,052.00M | 4,637.00M | 8,274.00M | -7,929.00M | 1,317.00M | 2,433.00M | 3,384.00M | 2,269.00M | -1,326.00M | -243.00M | 2,604.00M | 896.00M | 2,477.00M | 382.00M | 773.50M | 694.49M | 3,484.62M | 2,369.69M | 3,380.25M | 1,335.54M | 1,170.84M | 722.85M |
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 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | -1,080.25M | 6,429.25M | 5,040.00M | 5,074.00M | 3,134.00M | 5,834.00M | 3,704.00M | 2,845.00M | 2,658.00M | 2,338.00M | 2,265.00M | 2,940.00M | 1,917.00M | 1,351.00M | 1,028.00M | 15,070.99M | 13,515.09M | 13,249.29M | 15,054.60M | 16,762.38M | 17,673.49M | 15,884.12M | 15,699.12M |
| (-) Tax Adjustment | -159.44M | 1,659.82M | 997.28M | 1,258.85M | 991.76M | 1,743.04M | 683.14M | 522.17M | 626.30M | 738.32M | 565.64M | 493.53M | 634.54M | 472.85M | 359.80M | 5,274.85M | 4,730.28M | 714.84M | 5,269.11M | 5,676.32M | 6,185.72M | 5,276.75M | 5,374.06M |
| (-) Change In Working Capital | 0.00M | 0.00M | 2,122.00M | 2,816.00M | -7,054.00M | -4,140.00M | -245.00M | 249.00M | -501.00M | -947.00M | -667.00M | -235.00M | -347.00M | 195.00M | -1,175.00M | -1,199.21M | -499.76M | 2,801.11M | 1,923.89M | 2,086.68M | -1,470.38M | -1,706.65M | -1,784.05M |
| (-) Capital Expenditure | 0.00M | 0.00M | -1,080.00M | -782.00M | -3,148.00M | -555.00M | -682.00M | -745.00M | -1,186.00M | -2,066.00M | -3,233.00M | -1,069.00M | -899.00M | -768.00M | -587.00M | -339.55M | -265.12M | -367.67M | -709.12M | -1,273.22M | -782.30M | -864.19M | -601.75M |
| Unlevered Free Cash Flow | -920.81M | 4,769.43M | 840.72M | 217.15M | 6,048.24M | 7,675.96M | 2,583.86M | 1,328.83M | 1,346.70M | 480.68M | -866.64M | 1,612.47M | 730.46M | -84.85M | 1,256.20M | 10,655.80M | 9,019.45M | 9,365.67M | 7,152.47M | 7,726.16M | 12,175.85M | 11,449.83M | 11,507.36M |
| (-) Net Interest Income After Taxes | 71.60M | 81.60M | 75.40M | 72.18M | 17.09M | -12.62M | -9.79M | 25.31M | 27.52M | 17.79M | 24.01M | 27.46M | 19.40M | 22.10M | 27.95M | 29.89M | 32.82M | 53.61M | 67.45M | 90.31M | 63.49M | 32.55M | 15.74M |
| Net Debt Issuance | 0.00M | 0.00M | -285.00M | -226.00M | -189.00M | -105.00M | -105.00M | -45.00M | -25.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -7.51M |
| Levered Free Cash Flow | -992.41M | 4,687.83M | 480.32M | -81.03M | 5,842.15M | 7,583.58M | 2,488.65M | 1,258.52M | 1,294.18M | 462.89M | -890.64M | 1,585.01M | 711.05M | -106.95M | 1,228.25M | 10,625.91M | 8,986.63M | 9,312.06M | 7,085.02M | 7,635.84M | 12,112.37M | 11,417.28M | 11,484.11M |