Page: Company Financials
Banco Mercantil do Brasil S.A.
$52.30
+0.44 (0.85%)
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 | 43.35 | 31.53 | 11.51 | 8.70 | 7.98 | 5.81 | 3.86 | 2.02 | 1.68 | 1.80 | 1.55 | 0.79 | 0.71 | 0.37 | 0.24 | 0.22 | 0.11 |
| Market Capitalization | 4,529.34M | 3,294.35M | 1,202.60M | 908.66M | 831.98M | 608.55M | 404.39M | 200.24M | 154.90M | 165.96M | 142.51M | 72.65M | 60.57M | 30.92M | 18.80M | 16.81M | 6.87M |
| (-) Cash & Equivalents | 2,057.24M | 2,901.73M | 2,035.75M | 2,135.47M | 1,852.26M | 2,715.71M | 2,480.77M | 1,646.43M | 1,839.68M | 2,887.36M | 1,732.09M | 1,695.58M | 2,700.33M | 2,793.75M | 3,105.59M | 2,219.89M | 702.50M |
| (+) Total Debt | 6,028.74M | 1,721.49M | 883.15M | 592.83M | 533.41M | 929.70M | 1,098.48M | 984.00M | 928.60M | 1,254.55M | 1,127.29M | 1,296.15M | 1,151.68M | 706.39M | 265.71M | 137.15M | 36.72M |
| Enterprise Value | 8,500.85M | 2,114.11M | 50.00M | -633.99M | -486.87M | -1,177.47M | -977.91M | -462.19M | -756.18M | -1,466.84M | -462.29M | -326.78M | -1,488.08M | -2,056.45M | -2,821.09M | -2,065.93M | -658.91M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7,724M | 6,315M | 6,618M | 5,297M | 4,101M | 3,031M | 2,536M | 2,503M | 1,979M | 2,994M | 3,412M | 3,698M | 2,869M | 2,582M | 2,508M | 2,353M | 1,950M | 1,519M | 1,863M | 1,631M | 1,625M | 1,455M | 1,383M |
| Cost of Revenue | 2,488M | 1,798M | 1,957M | 1,642M | 1,114M | 370M | 434M | 484M | 740M | 780M | 1,101M | 1,531M | 1,203M | 948M | 983M | 1,051M | 868M | 642M | 1,131M | 0M | 0M | 0M | 0M |
| Gross Profit | 5,235M | 4,517M | 4,660M | 3,654M | 2,987M | 2,661M | 2,101M | 2,019M | 1,239M | 2,214M | 2,311M | 2,168M | 1,666M | 1,634M | 1,525M | 1,302M | 1,082M | 877M | 732M | 1,631M | 1,625M | 1,455M | 1,383M |
| Gross Profit Margin | 67.8% | 71.5% | 70.4% | 69.0% | 72.8% | 87.8% | 82.9% | 80.7% | 62.6% | 73.9% | 67.7% | 58.6% | 58.1% | 63.3% | 60.8% | 55.3% | 55.5% | 57.7% | 39.3% | 100.0% | 100.0% | 100.0% | 100.0% |
| R&D Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 953M | 770M | 814M | 641M | 654M | 702M | 684M | 477M | 729M | 541M | 561M | 530M | 559M | 525M | 443M | 394M | 403M | 392M | 375M | 0M | 0M | 0M | 0M |
| Operating Expenses | 4,232M | 3,643M | 4,085M | 3,162M | 2,723M | 2,528M | 1,872M | 1,902M | 1,110M | 2,138M | 2,263M | 2,136M | 1,956M | 1,630M | 1,407M | 1,231M | 852M | 815M | 674M | 0M | 0M | 0M | 435M |
| Operating Income (EBIT) | 1,003M | 874M | 576M | 493M | 264M | 133M | 229M | 117M | 129M | 76M | 48M | 32M | -290M | 4M | 118M | 71M | 231M | 61M | 58M | 1,631M | 1,625M | 1,455M | 948M |
| Operating Income Margin | 13.0% | 13.8% | 8.7% | 9.3% | 6.4% | 4.4% | 9.0% | 4.7% | 6.5% | 2.5% | 1.4% | 0.9% | -10.1% | 0.2% | 4.7% | 3.0% | 11.8% | 4.0% | 3.1% | 100.0% | 100.0% | 100.0% | 68.5% |
| Interest Income | 6,738M | 5,276M | 5,247M | 4,455M | 3,230M | 2,301M | 1,809M | 1,794M | 2,277M | 2,127M | 2,634M | 2,820M | 2,824M | 2,541M | 2,383M | 2,063M | 1,415M | 1,368M | 1,604M | 0M | 0M | 0M | 0M |
| Interest Expense | 3,057M | 1,798M | 1,957M | 1,642M | 1,114M | 370M | 434M | 484M | 740M | 780M | 1,101M | 1,531M | 1,203M | 948M | 983M | 1,051M | 868M | 642M | 1,131M | 0M | 0M | 0M | 27M |
| Net Interest Income | 3,682M | 3,478M | 3,290M | 2,812M | 2,116M | 1,931M | 1,375M | 1,310M | 1,537M | 1,346M | 1,534M | 1,289M | 1,621M | 1,593M | 1,399M | 1,011M | 547M | 727M | 473M | 0M | 0M | 0M | -27M |
| Unusual Items | -4,144M | -3,478M | -3,290M | -2,812M | -2,116M | -1,931M | -1,375M | -1,310M | -1,537M | -1,346M | -1,534M | -1,289M | -1,621M | -1,593M | -1,399M | -1,011M | -547M | -727M | -473M | -1,571M | -1,576M | -1,426M | -869M |
| EBT Excluding Unusual Items | 4,685M | 4,352M | 3,866M | 3,305M | 2,380M | 2,064M | 1,604M | 1,427M | 1,665M | 1,422M | 1,581M | 1,321M | 1,331M | 1,597M | 1,517M | 1,082M | 778M | 788M | 531M | 1,631M | 1,625M | 1,455M | 921M |
| Pre-Tax Income | 541M | 874M | 576M | 493M | 264M | 133M | 229M | 117M | 129M | 76M | 48M | 32M | -290M | 4M | 118M | 71M | 231M | 61M | 58M | 60M | 49M | 29M | 52M |
| Pre-Tax Margin | 7.0% | 13.8% | 8.7% | 9.3% | 6.4% | 4.4% | 9.0% | 4.7% | 6.5% | 2.5% | 1.4% | 0.9% | -10.1% | 0.2% | 4.7% | 3.0% | 11.8% | 4.0% | 3.1% | 3.7% | 3.0% | 2.0% | 3.8% |
| Income Tax Expense | -45M | 209M | 65M | 98M | 64M | -54M | 50M | -38M | 70M | 38M | 14M | -66M | -125M | -21M | 22M | -42M | 62M | -4M | -13M | 18M | 12M | 0M | 10M |
| Net Income | 568M | 663M | 507M | 396M | 201M | 184M | 151M | 121M | 53M | 26M | 18M | 70M | -167M | 4M | 63M | 80M | 142M | 40M | 47M | 37M | 20M | 18M | 36M |
| Net Income Margin | 7.4% | 10.5% | 7.7% | 7.5% | 4.9% | 6.1% | 6.0% | 4.9% | 2.7% | 0.9% | 0.5% | 1.9% | -5.8% | 0.1% | 2.5% | 3.4% | 7.3% | 2.7% | 2.5% | 2.3% | 1.2% | 1.2% | 2.6% |
| Depreciation & Amortization | 255M | 145M | 155M | 119M | 69M | 64M | 53M | 48M | 102M | 32M | 28M | 29M | 28M | 29M | 36M | 31M | 27M | 27M | 31M | 0M | 0M | 0M | 0M |
| EBITDA | 1,259M | 1,019M | 730M | 612M | 333M | 197M | 283M | 165M | 230M | 108M | 76M | 61M | -262M | 33M | 154M | 101M | 258M | 88M | 89M | 1,631M | 1,625M | 1,455M | 948M |
| EBITDA Margin | 16.3% | 16.1% | 11.0% | 11.6% | 8.1% | 6.5% | 11.1% | 6.6% | 11.6% | 3.6% | 2.2% | 1.6% | -9.1% | 1.3% | 6.1% | 4.3% | 13.2% | 5.8% | 4.8% | 100.0% | 100.0% | 100.0% | 68.5% |
| NOPAT | 1,087M | 665M | 511M | 395M | 201M | 187M | 179M | 155M | 59M | 38M | 33M | 98M | -229M | 25M | 96M | 112M | 169M | 65M | 71M | 1,143M | 1,218M | 1,442M | 766M |
| NOPAT Margin | 14.1% | 10.5% | 7.7% | 7.5% | 4.9% | 6.2% | 7.1% | 6.2% | 3.0% | 1.3% | 1.0% | 2.6% | -8.0% | 1.0% | 3.8% | 4.8% | 8.7% | 4.3% | 3.8% | 70.1% | 74.9% | 99.2% | 55.4% |
| Owner's Earnings | 607M | 728M | 520M | 408M | 195M | 172M | 93M | 114M | 96M | -11M | -6M | 69M | -174M | -2M | 57M | 78M | 127M | 37M | 39M | -4M | -5M | 18M | 36M |
| Owner's Earnings Margin | 7.9% | 11.5% | 7.9% | 7.7% | 4.7% | 5.7% | 3.7% | 4.5% | 4.9% | -0.4% | -0.2% | 1.9% | -6.1% | -0.1% | 2.3% | 3.3% | 6.5% | 2.4% | 2.1% | -0.3% | -0.3% | 1.2% | 2.6% |
| EPS (Basic) | 5.44 | 6.59 | 4.85 | 4.03 | 1.91 | 1.77 | 1.44 | 1.16 | 0.51 | 0.28 | 0.20 | 0.76 | -1.82 | 0.04 | 0.74 | 1.08 | 1.74 | 0.68 | 0.72 | 0.61 | 0.33 | 0.30 | 0.73 |
| EPS (Diluted) | 5.43 | 6.34 | 4.85 | 3.79 | 1.92 | 1.77 | 1.44 | 1.16 | 0.51 | 0.28 | 0.20 | 0.76 | -1.82 | 0.04 | 0.74 | 1.03 | 1.82 | 0.68 | 0.79 | 0.62 | 0.34 | 0.30 | 0.61 |
| Shares (Basic) | 104M | 104M | 104M | 104M | 104M | 104M | 105M | 105M | 105M | 92M | 92M | 92M | 92M | 92M | 85M | 78M | 78M | 60M | 60M | 60M | 60M | 60M | 50M |
| Shares (Diluted) | 104M | 104M | 104M | 104M | 104M | 104M | 105M | 105M | 105M | 92M | 92M | 92M | 92M | 92M | 85M | 78M | 78M | 60M | 60M | 60M | 60M | 60M | 60M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 1,967.83M | 2,204.00M | 1,985.69M | 1,998.92M | 2,054.34M | 1,535.18M | 2,299.18M | 3,325.65M | 1,961.86M | 1,300.29M | 2,398.63M | 2,827.74M | 928.81M | 3,157.59M | 3,743.05M | 3,022.43M | 3,037.86M | 2,809.99M | 216.42M | 0.00M | 0.00M | 0.00M | 0.00M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1,550.25M | 1,902.60M | 2,123.88M | 29.13M | 11.90M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 1,967.83M | 2,204.00M | 1,985.69M | 1,998.92M | 2,054.34M | 1,535.18M | 2,299.18M | 3,325.65M | 1,961.86M | 1,300.29M | 3,948.88M | 4,730.34M | 3,052.69M | 3,186.72M | 3,754.95M | 3,022.43M | 3,037.86M | 2,809.99M | 216.42M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Receivables | 613.09M | 407.90M | 311.17M | 83.73M | 191.82M | 529.74M | 545.57M | 522.48M | 37.91M | 583.49M | 589.78M | 635.99M | -233.55M | 628.17M | 529.84M | 793.05M | 356.86M | 732.17M | 616.26M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Current Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 3,061.05M | 2,612.89M | 2,437.24M | 2,200.77M |
| Total Current Assets | 2,580.92M | 2,611.91M | 2,296.86M | 2,082.65M | 2,246.16M | 2,064.91M | 2,844.75M | 3,848.13M | 1,999.77M | 1,883.78M | 4,538.66M | 5,366.32M | 2,819.14M | 3,814.89M | 4,284.79M | 3,815.48M | 3,394.72M | 3,542.15M | 832.68M | 3,061.05M | 2,612.89M | 2,437.24M | 2,200.77M |
| Property, Plant & Equipment | 613.70M | 506.35M | 431.31M | 507.56M | 149.42M | 162.89M | 176.15M | 137.75M | 534.85M | 573.57M | 117.91M | 87.93M | 72.18M | 66.49M | 71.79M | 67.89M | 66.63M | 58.68M | 50.12M | 128.63M | 100.54M | 103.58M | 103.60M |
| 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 | 194.63M | 189.46M | 164.54M | 115.56M | 100.74M | 81.72M | 69.26M | 56.64M | 47.50M | 39.96M | 37.57M | 35.76M | 38.61M | 628.17M | 529.84M | 39.94M | 32.61M | 31.23M | 30.62M | 0.00M | 0.00M | 0.00M | 0.00M |
| Long-Term Investments | 21,105.51M | 18,823.91M | 51.74M | 59.67M | 73.86M | 66.31M | 105.44M | 208.15M | 330.14M | 298.37M | -1,522.53M | -1,762.66M | -2,038.96M | 30.44M | 217.21M | 376.13M | 102.83M | 338.89M | 341.25M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Assets | 762.37M | 743.15M | 628.60M | 559.36M | 555.37M | 612.77M | 555.38M | 583.70M | 522.95M | 565.22M | 0.00M | 0.00M | 0.00M | 394.25M | 317.66M | 0.00M | 0.00M | 0.00M | 0.00M | 83.98M | 71.71M | 0.00M | 0.00M |
| Other Non-Current Assets | 6,148.86M | 6,802.10M | 21,725.28M | 16,238.15M | 11,659.11M | 9,385.53M | 6,895.68M | 5,038.41M | 6,538.57M | 6,799.09M | 7,288.57M | 8,511.05M | 12,159.51M | 8,964.55M | 8,260.51M | 6,223.48M | 5,875.93M | 3,890.87M | 5,538.53M | -212.61M | -172.25M | -103.58M | 2,246.67M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 4,186.55M | 2,963.24M | 2,286.80M | 0.00M |
| Total Non-Current Assets | 28,825.07M | 27,064.97M | 23,001.47M | 17,480.30M | 12,538.50M | 10,309.21M | 7,801.91M | 6,024.65M | 7,974.00M | 8,276.21M | 5,921.52M | 6,872.08M | 10,231.33M | 10,083.90M | 9,397.00M | 6,707.43M | 6,077.99M | 4,319.66M | 5,960.52M | 4,186.55M | 2,963.24M | 2,286.80M | 2,350.27M |
| Total Assets | 31,405.99M | 29,676.87M | 25,298.33M | 19,562.94M | 14,784.66M | 12,374.13M | 10,646.66M | 9,872.78M | 9,973.77M | 10,159.98M | 10,460.18M | 12,238.41M | 13,050.48M | 13,898.80M | 13,681.78M | 10,522.91M | 9,472.71M | 7,861.82M | 6,793.21M | 7,247.60M | 5,576.13M | 4,724.04M | 4,551.04M |
| Accounts Payable | 73.56M | 78.54M | 61.17M | 64.81M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 124.40M | 153.66M | 172.06M | 2.96M | 0.00M | 0.00M | 0.00M | 913.76M | 0.00M | 0.00M | 0.00M | 15.87M |
| Short-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 | 0.00M | 0.00M | 0.00M | 0.00M | 1,461.63M | 1,001.22M | 212.59M | 150.48M |
| Tax Payables | 184.50M | 234.07M | 119.26M | 120.98M | 56.03M | 51.43M | 39.82M | 35.57M | 44.39M | 4.75M | 47.04M | 154.09M | 135.19M | 121.80M | 162.35M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Current Liabilities | 20,690.47M | 20,200.60M | 17,659.11M | 13,780.23M | 10,789.41M | 9,180.61M | 8,002.92M | 6,677.73M | 6,644.54M | 6,429.73M | 6,977.32M | 7,815.67M | 8,290.82M | 8,292.52M | 9,317.31M | 7,921.43M | 6,509.14M | 5,433.47M | 4,962.12M | 1,284.05M | 908.15M | 1,569.70M | 1,591.42M |
| Total Current Liabilities | 20,948.53M | 20,513.20M | 17,839.54M | 13,966.03M | 10,845.44M | 9,232.04M | 8,042.74M | 6,713.30M | 6,688.92M | 6,434.48M | 7,024.36M | 8,094.17M | 8,579.68M | 8,586.37M | 9,482.62M | 7,921.43M | 6,509.14M | 5,433.47M | 5,875.88M | 2,745.68M | 1,909.37M | 1,782.29M | 1,757.76M |
| Long-Term Debt | 7,073.43M | 6,164.82M | 4,373.61M | 952.75M | 652.70M | 541.50M | 564.11M | 1,179.59M | 894.80M | 961.55M | 872.53M | 1,579.21M | 1,207.76M | 1,200.63M | 1,166.17M | 393.30M | 99.67M | 146.86M | 197.17M | 848.63M | 519.37M | 194.55M | 64.16M |
| Capital Lease Obligations | 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 |
| Deferred Tax Liabilities | 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 | 13.33M | 7.01M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 1,383.74M | 1,251.76M | 1,490.63M | 3,141.08M | 2,030.75M | 1,478.36M | 1,077.61M | 1,148.37M | 1,596.76M | 2,013.98M | 1,805.89M | 2,140.54M | 2,909.69M | 2,993.04M | 2,157.26M | 1,459.34M | 2,147.59M | 1,695.86M | 160.73M | -864.98M | -528.31M | -196.26M | 2,245.28M |
| Total Non-Current Liabilities | 8,457.17M | 7,416.58M | 5,864.24M | 4,093.82M | 2,683.45M | 2,019.86M | 1,641.72M | 2,327.96M | 2,491.56M | 2,975.52M | 2,678.41M | 3,719.75M | 4,117.44M | 4,193.67M | 3,323.44M | 1,852.64M | 2,247.27M | 1,842.72M | 357.90M | -3.03M | -1.93M | -1.71M | 2,309.44M |
| Total Liabilities | 29,405.70M | 27,929.79M | 23,703.78M | 18,059.85M | 13,528.89M | 11,251.90M | 9,684.46M | 9,041.27M | 9,180.48M | 9,410.00M | 9,702.77M | 11,813.92M | 12,697.12M | 12,780.04M | 12,806.05M | 9,774.07M | 8,756.40M | 7,276.19M | 6,233.78M | 2,742.65M | 1,907.44M | 1,780.58M | 4,067.20M |
| Preferred Stock | 305.50M | 305.50M | 305.50M | 265.83M | 226.15M | 226.15M | 186.48M | 186.48M | 186.48M | 186.48M | 186.48M | 186.48M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 501.70M | 501.70M | 501.70M | 436.54M | 371.39M | 371.39M | 492.71M | 306.23M | 306.23M | 492.71M | 246.86M | 246.86M | 433.34M | 433.34M | 399.50M | 332.76M | 332.76M | 220.36M | 214.38M | 214.38M | 214.38M | 214.38M | 173.25M |
| Retained Earnings | 532.73M | 345.14M | 0.00M | 19.75M | 0.00M | 0.00M | 0.00M | -2.11M | 8.55M | 8.85M | 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 |
| Accumulated OCI | 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 | 248.62M | 229.73M | 218.80M | 193.12M |
| Minority Interest | 41.46M | 38.62M | 36.59M | 39.44M | 46.53M | 46.98M | 45.94M | 44.34M | 46.03M | 44.35M | 194.89M | 42.29M | 46.00M | 51.83M | 48.25M | 45.11M | 43.13M | 39.59M | 38.36M | 59.57M | 83.41M | 82.34M | 75.97M |
| Total Shareholders’ Equity | 1,339.94M | 1,152.34M | 807.20M | 722.12M | 597.54M | 597.54M | 679.18M | 490.59M | 501.26M | 688.03M | 433.34M | 433.34M | 433.34M | 433.34M | 399.50M | 332.76M | 332.76M | 220.36M | 214.38M | 463.00M | 444.11M | 433.17M | 366.37M |
| Total Equity | 1,381.39M | 1,190.96M | 843.80M | 761.56M | 644.07M | 644.52M | 725.12M | 534.93M | 547.29M | 732.38M | 628.23M | 475.63M | 479.34M | 485.17M | 447.75M | 377.87M | 375.89M | 259.95M | 252.73M | 522.56M | 527.52M | 515.51M | 442.34M |
| Total Liabilities & Equity | 30,787.09M | 29,120.74M | 24,547.58M | 18,821.41M | 14,172.96M | 11,896.41M | 10,409.58M | 9,576.19M | 9,727.78M | 10,142.38M | 10,331.00M | 12,289.55M | 13,176.46M | 13,265.21M | 13,253.80M | 10,151.94M | 9,132.29M | 7,536.14M | 6,486.51M | 3,265.21M | 2,434.96M | 2,296.09M | 4,509.54M |
| Tangible Assets | 31,211.36M | 29,487.41M | 25,133.79M | 19,447.39M | 14,683.93M | 12,292.41M | 10,577.40M | 9,816.14M | 9,926.27M | 10,120.03M | 10,422.61M | 12,202.64M | 13,011.86M | 13,270.62M | 13,151.95M | 10,482.97M | 9,440.11M | 7,830.59M | 6,762.59M | 7,247.60M | 5,576.13M | 4,724.04M | 4,551.04M |
| Tangible Equity | 1,186.77M | 1,001.50M | 679.26M | 646.01M | 543.33M | 562.80M | 655.86M | 478.29M | 499.79M | 692.43M | 590.67M | 439.87M | 440.73M | -143.01M | -82.09M | 337.93M | 343.29M | 228.72M | 222.12M | 522.56M | 527.52M | 515.51M | 442.34M |
| Tangible Book Value | 1,186.77M | 1,001.50M | 679.26M | 646.01M | 543.33M | 562.80M | 655.86M | 478.29M | 499.79M | 692.43M | 590.67M | 439.87M | 440.73M | -143.01M | -82.09M | 337.93M | 343.29M | 228.72M | 222.12M | 522.56M | 527.52M | 515.51M | 442.34M |
| Total Investments | 21,105.51M | 18,823.91M | 51.74M | 59.67M | 73.86M | 66.31M | 105.44M | 208.15M | 330.14M | 298.37M | 27.72M | 139.94M | 84.92M | 59.56M | 229.11M | 376.13M | 102.83M | 338.89M | 341.25M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Debt | 5,105.59M | 3,960.82M | 2,387.92M | -1,046.18M | -1,401.64M | -993.68M | -1,735.07M | -2,146.06M | -1,067.06M | -338.75M | -1,526.10M | -1,248.53M | 278.94M | -1,956.97M | -2,576.87M | -2,629.13M | -2,938.19M | -2,663.12M | -19.26M | 2,310.25M | 1,520.59M | 407.14M | 214.63M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | -18,069.6M | -17,540.2M | -15,242.6M | -11,774.3M | -8,535.5M | -7,117.9M | -5,126.3M | -2,764.9M | -4,627.9M | -4,481.3M | -2,347.9M | -2,402.0M | -5,400.1M | -4,403.9M | -4,713.7M | -4,105.9M | -3,114.4M | -1,891.3M | -5,043.2M | 315.4M | 703.5M | 654.9M | 443.0M |
| Total Capital | 9,330.3M | 8,234.4M | 6,231.6M | 2,525.5M | 1,925.7M | 1,666.0M | 1,552.1M | 2,067.1M | 1,703.3M | 1,736.5M | 1,572.9M | 2,287.2M | 1,875.6M | 2,049.2M | 1,990.0M | 1,097.0M | 772.9M | 692.9M | 718.2M | 2,773.2M | 1,964.7M | 840.3M | 581.0M |
| Capital Employed | 10,755.5M | 9,524.8M | 7,758.8M | 5,706.0M | 4,003.0M | 3,191.3M | 2,675.6M | 3,259.8M | 3,346.1M | 3,794.9M | 3,573.6M | 4,470.1M | 4,831.3M | 5,094.0M | 4,195.6M | 2,601.5M | 2,963.6M | 2,428.3M | 917.3M | 4,501.9M | 3,666.8M | 2,941.8M | 2,793.3M |
| Invested Capital | 7,362.4M | 6,030.4M | 4,245.9M | 526.5M | -128.6M | 130.8M | -747.1M | -1,258.6M | -258.5M | 436.2M | -825.8M | -540.5M | 946.8M | -1,108.4M | -1,753.0M | -1,925.4M | -2,265.0M | -2,117.1M | 501.8M | 2,773.2M | 1,964.7M | 840.3M | 581.0M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 540.82M | 862.99M | 575.53M | 492.89M | 264.13M | 167.36M | 229.18M | 116.70M | 58.55M | 75.59M | 47.79M | 32.00M | -289.71M | 4.26M | 117.70M | 70.53M | 230.66M | 61.44M | 57.99M | 36.72M | 19.95M |
| Depreciation & Amortization | 255.15M | 145.31M | 154.54M | 119.20M | 69.15M | 63.86M | 53.45M | 47.88M | 101.55M | 32.42M | 28.16M | 28.68M | 27.94M | 28.95M | 35.99M | 30.53M | 27.13M | 26.58M | 31.02M | 0.00M | 0.00M |
| 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 |
| 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 |
| Change in Working Capital | 729.42M | -2,640.48M | 142.10M | -1,285.10M | -420.75M | -1,357.23M | -801.34M | 58.99M | -609.51M | -997.97M | -705.16M | -697.75M | -779.42M | -918.71M | 78.87M | 508.71M | -500.31M | -334.29M | -46.31M | 1.10M | 0.22M |
| Accounts Receivable | 77.08M | -12.12M | -56.92M | -41.13M | 0.00M | 0.00M | 0.00M | -9.52M | 12.76M | 0.00M | 113.78M | -100.95M | 18.00M | -42.87M | -74.59M | 76.22M | -105.12M | 0.00M | 30.87M | 0.00M | 0.00M |
| Inventory | 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 |
| Accounts Payable | 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 Working Capital | 652.34M | -2,628.36M | 199.03M | -1,243.97M | -420.75M | -1,357.23M | -801.34M | 68.51M | -622.27M | -997.97M | -818.94M | -596.80M | -797.42M | -875.84M | 153.46M | 432.50M | -395.19M | 0.00M | -77.18M | 1.10M | 0.22M |
| Other Non-Cash Items | 1,101.04M | 397.66M | 787.13M | 565.46M | 368.17M | 381.69M | 478.52M | 666.11M | 742.58M | 738.30M | 886.72M | 921.96M | 877.11M | 681.23M | 449.00M | 304.04M | 254.34M | 281.47M | 213.86M | 8.40M | 30.67M |
| Net Cash from Operating Activities | 2,626.42M | -1,234.53M | 1,659.29M | -107.54M | 280.70M | -744.32M | -40.20M | 889.67M | 293.17M | -151.66M | 257.52M | 284.89M | -164.09M | -204.27M | 681.55M | 913.81M | 11.82M | 35.19M | 256.56M | 46.22M | 50.84M |
| Capital Expenditures (PPE) | -94.28M | -62.14M | -43.22M | -52.70M | -75.07M | -76.57M | -80.18M | -27.02M | -36.89M | -53.50M | -37.62M | -20.66M | -23.21M | -22.07M | -27.58M | -32.42M | -30.03M | -30.16M | -26.56M | -55.31M | -35.37M |
| Acquisitions (Net) | 0.00M | 5.38M | 30.80M | 0.00M | 38.15M | 38.25M | -0.75M | -3.63M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 17.23M | 0.00M | 17.60M | 23.46M |
| Purchases of Investments | -555.11M | -501.25M | -1,245.52M | -15.69M | -132.79M | -70.28M | -461.15M | -92.21M | -562.31M | -281.81M | -329.58M | -321.22M | -263.04M | -636.13M | -135.00M | -50.89M | -0.16M | 0.00M | -0.68M | -2.72M | -8.01M |
| Sales / Maturities of Investments | 3.29M | 507.95M | 828.32M | 56.52M | 393.52M | 173.58M | 503.00M | 175.30M | 637.56M | 49.88M | 297.53M | 274.14M | 217.52M | 664.47M | 0.43M | 51.42M | 0.05M | 0.07M | 111.03M | 0.00M | 0.00M |
| Other Investing Activities | -83.75M | -1,797.57M | 26.78M | -28.04M | -19.06M | 47.63M | 52.18M | 49.23M | 18.83M | 54.63M | 2.36M | 17.96M | 20.33M | 20.27M | 37.33M | -4.08M | -3.43M | -3.40M | -4.77M | 0.00M | 0.00M |
| Net Cash from Investing Activities | -729.86M | -1,847.62M | -402.84M | -39.91M | 204.74M | 112.60M | 13.10M | 101.69M | 57.19M | -230.80M | -67.31M | -49.78M | -48.40M | 26.55M | -124.82M | -35.97M | -33.56M | -16.27M | 79.01M | -40.43M | -19.92M |
| Net Debt Issuance | 123.39M | 1,045.88M | 65.47M | 1,224.90M | 159.52M | -37.10M | -738.56M | 34.37M | -60.63M | -48.24M | -54.39M | -398.10M | 0.00M | 0.00M | 96.91M | -151.87M | 482.08M | 95.58M | -13.63M | 0.00M | 0.00M |
| Long-Term Debt Issuance | 123.39M | 1,045.88M | 65.47M | 1,224.90M | 159.52M | 9.25M | -738.56M | 34.37M | -60.63M | -48.24M | -54.39M | -398.10M | 0.00M | 0.00M | 96.91M | -151.87M | 482.08M | 95.58M | -13.63M | 0.00M | 0.00M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -46.36M | 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 Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 1.70M | -5.61M | 0.00M | 0.00M | 0.00M | 60.00M | 0.00M | 0.00M | 0.00M | 40.68M | 85.20M | 0.00M | 44.98M | 0.03M | -17.71M | 0.00M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 1.70M | 0.00M | 0.00M | 0.00M | 0.00M | 60.00M | 0.00M | 0.00M | 0.00M | 40.68M | 85.20M | 0.00M | 44.98M | 0.03M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -5.61M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -16.03M | -17.71M | 0.00M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 16.03M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -130.77M | -182.59M | -183.82M | -80.71M | -56.62M | -64.94M | -35.25M | -16.85M | -14.05M | -7.86M | -29.43M | -29.02M | 0.00M | 0.00M | 0.00M | 0.00M | -6.98M | -0.08M | -17.71M | -15.62M | -15.60M |
| Common Dividends Paid | -130.77M | -182.59M | -183.82M | -80.71M | -56.62M | -64.94M | -35.25M | -16.85M | -14.05M | -7.86M | -29.43M | -29.02M | 0.00M | 0.00M | 0.00M | 0.00M | -6.98M | -0.08M | -17.71M | -15.62M | -15.60M |
| 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 |
| Other Financing Activities | -18.72M | 4,157.33M | -6.85M | -6.19M | 0.00M | 46.36M | 169.27M | -1.69M | 33.96M | -142.72M | 143.83M | 167.24M | -73.59M | -75.96M | -153.34M | -358.95M | -137.85M | -175.39M | 53.32M | 0.00M | 0.00M |
| Net Cash from Financing Activities | -26.11M | 5,020.62M | -125.20M | 1,138.01M | 104.61M | -61.30M | -604.54M | 15.83M | -40.71M | -138.82M | 60.02M | -259.88M | -73.59M | -35.28M | 28.77M | -510.82M | 382.22M | -79.86M | 4.27M | -15.62M | -15.60M |
| Effect of FX on Cash | 0.17M | 10.23M | 10.40M | 0.00M | 0.00M | 0.55M | 1.77M | 1.87M | 9.07M | 17.08M | 2.87M | 3.50M | 3.91M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | 1,870.63M | 1,948.68M | 1,141.66M | 990.56M | 590.05M | -692.47M | -629.87M | 1,009.05M | 318.72M | -504.19M | 253.09M | -21.27M | -282.18M | -213.01M | 585.50M | 367.02M | 360.48M | -60.94M | 339.83M | 0.00M | 0.00M |
| Cash at Beginning of Period | 17,893.96M | 11,427.49M | 2,793.19M | 1,802.63M | 1,212.58M | 1,905.05M | 2,534.92M | 1,525.87M | 1,207.15M | 1,711.33M | 1,458.24M | 1,479.52M | 1,761.69M | 1,974.70M | 1,389.19M | 1,022.17M | 661.69M | 722.63M | 382.80M | 0.00M | 0.00M |
| Cash at End of Period | 19,764.59M | 13,376.17M | 3,934.84M | 2,793.19M | 1,802.63M | 1,212.58M | 1,905.05M | 2,534.92M | 1,525.87M | 1,207.15M | 1,711.33M | 1,458.24M | 1,479.52M | 1,761.69M | 1,974.70M | 1,389.19M | 1,022.17M | 661.69M | 722.63M | 0.00M | 0.00M |
| Operating Cash Flow | 2,626.42M | -1,234.53M | 1,659.29M | -107.54M | 280.70M | -744.32M | -40.20M | 889.67M | 293.17M | -151.66M | 257.52M | 284.89M | -164.09M | -204.27M | 681.55M | 913.81M | 11.82M | 35.19M | 256.56M | 46.22M | 50.84M |
| Capital Expenditure | -215.68M | -79.86M | -141.18M | -107.59M | -75.07M | -76.57M | -111.70M | -55.53M | -58.28M | -69.16M | -52.67M | -30.60M | -34.32M | -34.56M | -42.57M | -32.42M | -41.50M | -30.16M | -39.20M | -41.18M | -24.62M |
| Free Cash Flow | 2,410.74M | -1,314.39M | 1,518.12M | -215.13M | 205.63M | -820.89M | -151.90M | 834.13M | 234.88M | -220.82M | 204.85M | 254.30M | -198.42M | -238.83M | 638.98M | 881.39M | -29.67M | 5.03M | 217.36M | 5.04M | 26.22M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 4,537.31M | 3,892.87M | 4,000.99M | 3,132.91M | 2,402.55M | 2,023.32M | 1,471.04M | 1,589.36M | 611.45M | 1,705.57M | 1,778.22M | 1,666.82M | 1,134.92M | 1,137.72M | 1,118.22M | 938.82M | 706.18M | 512.00M | 388.43M | 1,630.65M | 1,624.75M |
| (-) Tax Adjustment | 0.00M | 931.37M | 451.23M | 619.80M | 577.76M | 0.00M | 323.42M | 0.00M | 214.01M | 596.95M | 538.37M | 0.00M | 397.22M | 0.00M | 209.42M | 0.00M | 189.01M | 0.00M | 0.00M | 487.30M | 407.25M |
| (-) Change In Working Capital | 729.42M | -2,640.48M | 142.10M | -1,285.10M | -420.75M | -1,357.23M | -801.34M | 58.99M | -609.51M | -997.97M | -705.16M | -697.75M | -779.42M | -918.71M | 78.87M | 508.71M | -500.31M | -334.29M | -46.31M | 1.10M | 0.22M |
| (-) Capital Expenditure | -215.68M | -79.86M | -141.18M | -107.59M | -75.07M | -76.57M | -111.70M | -55.53M | -58.28M | -69.16M | -52.67M | -30.60M | -34.32M | -34.56M | -42.57M | -32.42M | -41.50M | -30.16M | -39.20M | -41.18M | -24.62M |
| Unlevered Free Cash Flow | 3,592.21M | 5,522.11M | 3,266.48M | 3,690.61M | 2,170.47M | 3,303.98M | 1,837.26M | 1,474.84M | 948.67M | 2,037.42M | 1,892.34M | 2,333.98M | 1,482.79M | 2,021.87M | 787.36M | 397.69M | 975.99M | 816.13M | 395.54M | 1,101.08M | 1,192.67M |
| (-) Net Interest Income After Taxes | 3,681.58M | 2,645.73M | 2,918.94M | 2,255.73M | 1,607.15M | 1,931.26M | 1,072.63M | 1,310.13M | 998.76M | 875.11M | 1,069.24M | 1,289.25M | 1,053.52M | 1,593.24M | 1,137.34M | 1,011.36M | 400.66M | 726.55M | 473.27M | 0.00M | 0.00M |
| Net Debt Issuance | 123.39M | 1,045.88M | 65.47M | 1,224.90M | 159.52M | -37.10M | -738.56M | 34.37M | -60.63M | -48.24M | -54.39M | -398.10M | 0.00M | 0.00M | 96.91M | -151.87M | 482.08M | 95.58M | -13.63M | 0.00M | 0.00M |
| Levered Free Cash Flow | 34.03M | 3,922.27M | 413.01M | 2,659.78M | 722.84M | 1,335.61M | 26.06M | 199.08M | -110.71M | 1,114.07M | 768.71M | 646.63M | 429.28M | 428.64M | -253.07M | -765.54M | 1,057.41M | 185.15M | -91.35M | 1,101.08M | 1,192.67M |