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Page: Company Financials

Companhia Energética de Brasília - CEB

Ticker: CEBR3.SA | Industry: Regulated Electric | Sector: Utilities
$30.38 +0.21 (0.70%)
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
Stock Price 20.12 18.88 13.08 10.65 21.90 9.52 5.07 3.36 3.28 2.83 1.64 2.63 2.89 2.74 3.96 4.60
Market Capitalization 1,450.29M 1,375.69M 1,027.58M 776.80M 1,619.57M 686.21M 365.63M 242.02M 236.24M 203.99M 76.81M 120.76M 132.46M 125.81M 181.94M 211.22M
(-) Cash & Equivalents 581.95M 677.96M 673.41M 622.39M 1,536.89M 235.75M 286.89M 119.72M 78.89M 80.20M 76.53M 74.34M 89.22M 76.89M 63.40M 24.81M
(+) Total Debt 2.12M 3.02M 0.29M 0.59M 142.42M 268.18M 483.54M 503.92M 387.59M 413.14M 365.31M 265.57M 277.61M 421.56M 446.60M 83.01M
Enterprise Value 870.46M 700.75M 354.47M 155.00M 225.10M 718.64M 562.28M 626.22M 544.95M 536.93M 365.59M 311.99M 320.85M 470.48M 565.13M 269.41M

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 480M 349M 350M 353M 322M 343M 255M 305M 2,590M 2,716M 2,115M 2,396M 1,993M 1,609M 1,630M 1,378M 1,284M 1,635M 954M 874M 797M 853M 770M
Cost of Revenue 261M 158M 157M 170M 148M 176M 130M 166M 2,210M 2,210M 1,836M 1,975M 1,754M 1,390M 1,340M 1,070M 989M 555M 0M 0M 0M 220M 239M
Gross Profit 219M 191M 193M 183M 174M 167M 125M 139M 380M 506M 278M 421M 240M 219M 289M 308M 295M 1,080M 954M 874M 797M 633M 531M
Gross Profit Margin 45.6% 54.8% 55.1% 51.8% 54.1% 48.6% 48.9% 45.6% 14.7% 18.6% 13.2% 17.6% 12.0% 13.6% 17.8% 22.3% 23.0% 66.1% 100.0% 100.0% 100.0% 74.2% 68.9%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 3M 4M
SG&A Expenses 76M 66M 76M 56M 55M 46M 42M 33M 307M 343M 314M 309M 297M 285M 257M 216M 192M 48M 853M 780M 1,122M 543M 453M
Operating Expenses 76M 28M -28M -40M -110M -1,712M -7M 3M 144M 276M 145M 190M 334M 263M 168M 166M 211M 948M 895M 704M 984M 593M 465M
Operating Income (EBIT) 143M 163M 221M 222M 284M 1,879M 131M 136M 236M 230M 133M 231M -94M -45M 121M 141M 84M 133M 59M 170M -187M 41M 65M
Operating Income Margin 29.8% 46.7% 63.1% 63.1% 88.3% 547.7% 51.5% 44.6% 9.1% 8.5% 6.3% 9.6% -4.7% -2.8% 7.4% 10.3% 6.5% 8.1% 6.2% 19.4% -23.5% 4.8% 8.5%
Interest Income 47M 37M 2M 1M 1M 0M 4M 5M 13M 7M 9M 21M 7M 0M 69M -6M 47M 29M 0M 22M 34M 148M 64M
Interest Expense 4M 2M 4M 2M 0M 1M 9M 0M 104M -2M 91M 152M 31M 3M 0M 52M 90M 78M 14M 52M 60M 122M 132M
Net Interest Income 42M 35M -2M -1M 0M -1M -5M 4M -91M 9M -81M -130M -24M -3M 69M -59M -44M -49M -14M -30M -26M 26M -68M
Unusual Items 133M 76M 60M 77M 64M 54M 5M 10M -22M 42M 44M 21M 24M 3M -69M -2M -1M 0M 71M 45M 27M -14M -17M
EBT Excluding Unusual Items 185M 198M 220M 221M 285M 1,878M 126M 140M 145M 240M 52M 100M -118M -48M 190M 83M 40M 84M 45M 139M -213M 66M -2M
Pre-Tax Income 318M 274M 279M 298M 349M 1,932M 132M 151M 123M 281M 96M 121M -94M -45M 121M 81M 39M 84M 117M 184M -186M 53M -19M
Pre-Tax Margin 66.3% 78.5% 79.7% 84.5% 108.3% 563.2% 51.7% 49.4% 4.8% 10.4% 4.5% 5.1% -4.7% -2.8% 7.4% 5.8% 3.1% 5.1% 12.2% 21.1% -23.3% 6.2% -2.5%
Income Tax Expense 63M 53M 54M 63M 91M 629M 24M 36M 8M 126M -34M 72M 56M 30M 47M 34M 20M 13M 42M 66M -40M 19M 0M
Net Income 193M 172M 174M 184M 196M 1,250M 433M 104M 90M 130M 112M 25M -160M -96M 55M 26M 2M 53M 67M 120M 0M 28M -20M
Net Income Margin 40.2% 49.3% 49.7% 52.0% 60.9% 364.5% 169.5% 34.0% 3.5% 4.8% 5.3% 1.1% -8.0% -5.9% 3.4% 1.9% 0.2% 3.2% 7.0% 13.8% 0.0% 3.2% -2.5%
Depreciation & Amortization 6M -38M -89M -81M 10M 10M 8M 0M 4M 66M 54M 75M 0M 0M 47M 0M 47M 35M 40M 41M 40M 39M 36M
EBITDA 149M 125M 132M 141M 294M 1,889M 140M 136M 240M 296M 186M 306M -94M -45M 168M 141M 130M 168M 98M 211M -147M 79M 102M
EBITDA Margin 31.1% 35.9% 37.8% 40.1% 91.3% 550.6% 54.7% 44.6% 9.3% 10.9% 8.8% 12.8% -4.7% -2.8% 10.3% 10.3% 10.2% 10.3% 10.3% 24.1% -18.4% 9.3% 13.2%
NOPAT 115M 132M 178M 175M 210M 1,267M 107M 103M 222M 127M 179M 94M -74M -35M 74M 81M 40M 113M 38M 109M -148M 26M 52M
NOPAT Margin 23.9% 37.7% 50.9% 49.7% 65.3% 369.4% 41.9% 34.0% 8.6% 4.7% 8.5% 3.9% -3.7% -2.2% 4.6% 5.9% 3.1% 6.9% 4.0% 12.5% -18.5% 3.1% 6.7%
Owner's Earnings 181M 132M 81M 66M 202M 1,256M 437M 64M 30M 136M 126M 81M -205M -179M 14M -32M 14M 13M 47M 162M 40M -7M -40M
Owner's Earnings Margin 37.6% 37.7% 23.2% 18.7% 62.8% 366.1% 171.2% 21.0% 1.2% 5.0% 6.0% 3.4% -10.3% -11.1% 0.8% -2.3% 1.1% 0.8% 4.9% 18.5% 5.0% -0.8% -5.2%
EPS (Basic) 2.68 2.23 2.42 2.55 2.72 17.35 6.00 1.44 1.25 1.72 1.50 0.48 -3.48 -2.08 1.20 0.57 0.04 1.14 1.46 2.62 -671.60 0.60 -0.43
EPS (Diluted) 2.67 2.37 2.42 2.55 2.72 17.35 6.00 1.44 1.25 1.81 1.56 0.48 -3.48 -2.08 1.20 0.57 0.04 1.14 0.93 1.67 0.00 0.38 -0.27
Shares (Basic) 72M 77M 72M 72M 72M 72M 72M 72M 72M 72M 72M 53M 46M 46M 46M 46M 46M 46M 46M 46M 46M 46M 46M
Shares (Diluted) 72M 73M 72M 72M 72M 72M 72M 72M 72M 72M 72M 53M 46M 46M 46M 46M 46M 46M 72M 72M 72M 72M 72M

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 486.20M 577.72M 708.61M 682.92M 739.51M 714.79M 136.70M 465.34M 179.70M 92.00M 86.04M 78.04M 66.01M 96.79M 182.29M 65.13M 99.26M 60.23M 35.71M 33.55M 29.84M 18.61M 30.13M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.30M 9.81M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 486.20M 577.72M 708.61M 682.92M 739.51M 714.79M 136.70M 465.34M 179.70M 92.00M 86.04M 78.04M 66.01M 97.08M 192.10M 65.13M 99.26M 60.23M 35.71M 33.55M 29.84M 18.61M 30.13M
Net Receivables 182.83M 147.42M 77.93M 48.53M 50.03M 39.12M 62.73M 1,238.49M 1,626.14M 583.39M 710.90M 1,203.26M 548.79M 359.80M 342.24M 357.99M 349.98M 81.80M 401.12M 385.08M 361.86M 423.14M 321.50M
Inventory 12.87M 7.21M 30.24M 6.24M 2.81M 3.32M 0.95M 10.32M 8.44M 7.85M 8.77M 7.18M 19.33M 34.62M 8.54M 9.11M 8.62M 11.08M 7.97M 6.33M 6.90M 6.42M 7.09M
Other Current Assets 72.16M 62.79M 22.98M 48.09M 25.53M 201.78M 3,117.69M 26.39M 1,031.56M 1,044.73M 396.10M 953.40M 204.97M 29.31M 25.37M 24.24M 0.00M 243.08M 6.08M 17.92M 7.46M 10.19M 5.96M
Total Current Assets 754.05M 795.14M 839.76M 785.78M 817.87M 959.01M 3,318.07M 1,740.54M 2,845.84M 1,727.96M 1,201.81M 2,241.88M 839.09M 520.80M 568.25M 456.47M 457.85M 396.19M 450.88M 442.88M 406.05M 458.35M 364.68M
Property, Plant & Equipment 51.10M 51.64M 52.29M 64.65M 41.48M 55.20M 42.85M 110.74M 102.56M 104.07M 118.01M 109.15M 122.71M 138.51M 118.49M 193.11M 192.86M 196.97M 0.00M 0.00M 0.00M 423.06M 422.41M
Goodwill 46.99M 48.17M 50.54M 55.28M 60.02M 64.76M 70.64M 76.53M 82.42M 88.30M 78.82M 67.72M 78.12M 111.85M 117.85M 123.51M 129.51M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 58.94M 43.64M 45.27M 51.77M 55.99M 4.91M 3.07M 817.41M 837.69M 872.07M 888.77M 1,028.41M 51.76M 159.26M 183.08M 264.76M 258.49M 331.90M 2.89M 2.68M 0.00M 0.00M 0.00M
Long-Term Investments 517.85M 460.72M 429.20M 420.58M 453.43M 405.60M 378.18M 367.47M 0.00M 0.00M 783.41M 497.99M 379.23M 405.19M 1,378.76M 740.58M 433.48M 135.40M 0.00M 0.00M 0.00M 563.50M 341.02M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 46.23M 22.01M 30.16M 0.00M 8.90M 15.96M 20.52M 21.07M 0.00M 0.00M 0.00M 13.38M 21.34M
Other Non-Current Assets 4.31M 81.20M 67.59M 37.81M 8.04M 24.91M 20.98M 574.66M 876.65M 855.20M 1.26M 63.22M 1,302.73M 1,099.22M 25.50M 375.08M 637.51M 951.10M 1,126.75M 1,049.54M 917.87M 29.25M 65.84M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -44.32M -11.43M 0.00M 0.00M 0.00M -34.36M 0.00M 0.00M 0.00M -151.23M 0.00M 0.00M 0.00M
Total Non-Current Assets 679.19M 685.38M 644.88M 630.08M 618.96M 555.37M 515.72M 1,946.82M 1,899.32M 1,919.64M 1,872.18M 1,777.08M 1,964.71M 1,914.03M 1,832.58M 1,678.64M 1,672.37M 1,636.43M 1,129.64M 900.99M 917.87M 1,029.19M 850.61M
Total Assets 1,433.24M 1,480.52M 1,484.64M 1,415.86M 1,436.83M 1,514.39M 3,833.79M 3,687.35M 4,745.16M 3,647.60M 3,073.99M 4,018.96M 2,803.80M 2,434.83M 2,400.83M 2,135.11M 2,130.23M 2,032.62M 1,580.52M 1,343.86M 1,323.92M 1,487.54M 1,215.29M
Accounts Payable 24.94M 29.03M 32.23M 20.55M 24.99M 22.54M 16.55M 196.45M 488.02M 403.60M 219.20M 322.04M 363.26M 344.10M 169.43M 34.06M 142.99M 119.65M 354.97M 113.80M 109.89M 94.04M 96.32M
Short-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 13.11M 147.65M 333.85M 189.67M 96.99M 71.89M 69.42M 119.21M 118.08M 127.60M 156.52M 102.93M 23.32M 45.25M 65.22M 82.58M 74.59M
Tax Payables 55.14M 53.96M 46.58M 50.03M 52.28M 42.45M 78.07M 487.61M 220.97M 198.16M 224.12M 264.80M 189.12M 118.09M 98.91M 121.54M 100.94M 57.04M 44.42M 48.70M 51.39M 77.66M 53.75M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 220.97M 0.00M 0.00M 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 16.48M 15.67M 20.03M 82.01M 95.01M 376.52M 2,806.06M 710.37M 636.24M 778.76M 913.88M 921.16M 584.49M 93.56M 197.44M 298.91M 253.18M 258.53M 266.87M 282.04M 266.29M 174.29M 131.33M
Total Current Liabilities 96.56M 98.65M 98.84M 152.60M 172.28M 441.50M 2,913.79M 1,542.08M 1,900.05M 1,570.19M 1,454.18M 1,579.89M 1,206.29M 674.96M 583.87M 582.11M 653.62M 538.15M 689.57M 489.79M 492.78M 428.57M 356.00M
Long-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 81.99M 354.53M 203.21M 317.30M 303.91M 336.19M 251.69M 142.14M 289.82M 269.23M 332.03M 366.20M 0.00M 0.00M 0.00M 165.96M 218.50M
Capital Lease Obligations 0.00M 3.33M 3.04M 3.49M 13.45M 14.41M 2.54M 3.32M 2.54M 0.00M 0.00M 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 21.98M 4.12M 3.84M 359.74M 322.36M 297.87M 0.00M 282.84M 0.00M 0.00M 136.16M 110.59M 98.64M 98.25M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 79.80M 52.79M 51.39M 33.81M 10.87M 10.54M 2.50M 444.26M 494.69M 446.37M 712.03M 538.72M 1,088.37M 852.62M 700.41M 386.68M 347.01M 289.76M 399.56M 536.59M 646.57M 418.88M 398.99M
Total Non-Current Liabilities 79.80M 56.12M 54.43M 37.29M 46.31M 29.07M 90.87M 1,161.85M 1,022.79M 1,061.54M 1,015.93M 1,157.75M 1,340.06M 994.77M 1,126.39M 766.49M 777.68M 754.21M 399.56M 536.59M 646.57M 584.84M 617.49M
Total Liabilities 176.36M 154.78M 153.27M 189.89M 218.59M 470.57M 3,004.66M 2,703.93M 2,922.84M 2,631.73M 2,470.11M 2,737.63M 2,546.35M 1,669.72M 1,710.26M 1,348.60M 1,431.31M 1,292.36M 1,089.14M 1,026.38M 1,139.35M 1,013.41M 973.49M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 566.03M 566.03M 566.03M 566.03M 566.03M 566.03M 566.03M 566.03M 566.03M 566.03M 566.03M 566.03M 342.06M 342.06M 342.06M 342.06M 342.06M 342.06M 342.06M 342.06M 342.06M 342.06M 342.06M
Retained Earnings 140.74M 484.03M 473.37M 416.32M 385.16M 235.45M 137.72M -20.60M -5.07M 23.02M -188.20M -186.20M -251.03M -94.18M -0.61M -53.70M -79.50M -55.67M -105.35M 0.00M 0.00M -43.15M -70.83M
Accumulated OCI 25.99M 25.99M 26.00M 26.00M 25.91M 27.53M -24.98M 109.39M 0.00M 42.32M 165.70M 206.82M 20.33M 48.50M 0.00M 0.00M 218.42M 0.00M 0.00M 0.00M 163.60M 188.70M 2.97M
Minority Interest 252.69M 242.87M 249.69M 260.70M 249.86M 229.22M 222.06M 216.69M 205.46M 201.43M 226.11M 234.19M 225.06M 234.42M 230.12M 227.72M 231.64M 224.71M 220.85M 60.83M 60.44M 35.25M 1.30M
Total Shareholders’ Equity 732.76M 1,076.04M 1,065.39M 1,008.34M 977.10M 829.00M 678.77M 654.81M 560.96M 631.36M 543.52M 586.64M 111.35M 296.38M 341.45M 288.36M 480.98M 286.39M 236.70M 342.06M 505.66M 487.61M 274.20M
Total Equity 985.45M 1,318.91M 1,315.08M 1,269.04M 1,226.96M 1,058.22M 900.83M 871.50M 766.41M 832.79M 769.64M 820.82M 336.41M 530.80M 571.57M 516.07M 712.62M 511.10M 457.55M 402.89M 566.10M 522.85M 275.49M
Total Liabilities & Equity 1,161.80M 1,473.69M 1,468.35M 1,458.93M 1,445.54M 1,528.79M 3,905.49M 3,575.43M 3,689.25M 3,464.53M 3,239.75M 3,558.45M 2,882.76M 2,200.52M 2,281.83M 1,864.67M 2,143.92M 1,803.46M 1,546.69M 1,429.26M 1,705.45M 1,536.27M 1,248.98M
Tangible Assets 1,327.32M 1,388.71M 1,388.83M 1,308.81M 1,320.82M 1,444.72M 3,760.08M 2,793.41M 3,825.05M 2,687.23M 2,106.40M 2,922.83M 2,673.92M 2,163.72M 2,099.90M 1,746.83M 1,742.22M 1,700.72M 1,577.64M 1,341.19M 1,323.92M 1,487.54M 1,215.29M
Tangible Equity 879.52M 1,227.10M 1,219.27M 1,161.99M 1,110.95M 988.55M 827.11M -22.44M -153.69M -127.58M -197.95M -275.31M 206.53M 259.69M 270.64M 127.80M 324.61M 179.20M 454.67M 400.21M 566.10M 522.85M 275.49M
Tangible Book Value 879.52M 1,227.10M 1,219.27M 1,161.99M 1,110.95M 988.55M 827.11M -22.44M -153.69M -127.58M -197.95M -275.31M 206.53M 259.69M 270.64M 127.80M 324.61M 179.20M 454.67M 400.21M 566.10M 522.85M 275.49M
Total Investments 517.85M 460.72M 429.20M 420.58M 453.43M 405.60M 378.18M 367.47M 489.17M 467.37M 783.41M 497.99M 379.23M 405.49M 1,388.57M 740.58M 433.48M 135.40M 307.24M 0.00M 0.00M 563.50M 341.02M
Net Debt -486.20M -577.72M -708.61M -682.92M -739.51M -714.79M -41.60M 36.84M 357.36M 414.97M 314.85M 330.04M 255.11M 164.56M 225.61M 331.69M 389.30M 408.90M -12.39M 11.71M 35.38M 229.93M 262.96M

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 648.2M 689.1M 724.4M 673.0M 640.9M 517.5M 473.4M 191.8M -86.5M 0.4M -87.0M 150.8M -276.3M -376.5M -41.2M -200.5M -170.1M -170.3M -173.0M -26.6M -54.2M 78.5M 42.4M
Total Capital 994.9M 1,079.4M 1,068.4M 1,008.5M 977.6M 829.5M 773.9M 1,265.6M 1,124.2M 1,139.9M 1,021.3M 949.3M 474.8M 601.9M 833.9M 860.1M 825.0M 956.3M 467.2M 110.2M 161.5M 736.1M 567.3M
Capital Employed 1,327.3M 1,374.5M 1,369.3M 1,303.1M 1,259.8M 1,072.9M 989.2M 2,138.6M 1,812.8M 1,920.0M 1,785.2M 1,927.9M 1,688.4M 1,537.5M 1,782.5M 1,478.2M 1,502.3M 1,466.1M 956.7M 874.4M 863.7M 1,107.7M 893.0M
Invested Capital 508.7M 501.6M 359.8M 325.6M 238.1M 114.7M 637.2M 800.2M 944.5M 1,047.9M 935.2M 871.2M 408.8M 505.1M 651.6M 795.0M 725.7M 896.1M 431.5M 76.6M 131.6M 717.5M 537.2M

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 2004-12-31
Net Income 140.74M 130.12M 174.23M 183.51M 196.34M 1,250.46M 0.00M 77.15M 89.97M 130.40M 112.44M 25.45M -106.11M -95.62M 0.00M 0.00M 0.00M 0.00M 66.94M 120.30M -0.15M 27.53M -19.56M
Depreciation & Amortization -3.03M 1.96M 0.00M 8.06M 9.78M 9.93M 8.33M 0.00M 56.75M 0.00M 53.62M 54.47M 58.58M 50.11M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 38.54M 36.32M
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 -61.56M 102.97M 83.30M 93.12M 104.39M -486.25M 62.93M 372.60M 686.36M 0.00M 129.26M -3.16M -63.70M 31.46M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -55.64M 23.21M
Accounts Receivable 283.73M 383.10M 380.76M 388.35M 345.79M 396.99M 272.31M 4,357.13M 4,191.25M 3,745.40M 3,677.28M 0.00M 0.00M 43.66M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory -28.21M 4.22M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.45M 0.00M 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 -159.27M -98.50M -114.29M -95.80M -86.57M -99.12M -77.49M -2,770.25M -2,260.10M -180.84M -1,782.64M -1,942.97M 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 -157.82M -181.64M -183.18M -199.43M -154.84M -784.12M -131.90M -1,214.28M -1,244.78M -1,442.80M -1,765.39M 1,939.81M -63.70M -12.20M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -55.64M 23.21M
Other Non-Cash Items 87.59M 18.13M -20.78M -41.31M -111.62M -1,159.29M 159.40M -75.54M -716.56M -112.39M -196.83M -100.73M 82.03M 172.47M -25.89M 90.63M 86.40M 6.42M 53.52M 60.83M 226.09M 21.59M 21.24M
Net Cash from Operating Activities 163.74M 253.18M 236.75M 243.37M 198.89M -385.15M 230.67M 374.21M 116.53M 18.01M 98.49M -23.98M -29.20M 158.41M -25.89M 90.63M 86.40M 6.42M 120.46M 181.13M 225.93M 32.02M 61.21M
Capital Expenditures (PPE) -18.47M -2.04M 0.00M -36.51M -3.64M -4.33M -4.09M -39.37M -63.29M -59.85M -39.62M -19.21M -44.96M -83.61M -88.70M -57.85M -34.94M -74.50M 0.00M 0.00M 0.00M -73.39M -56.69M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.08M 0.00M 0.00M 0.00M 0.00M 0.00M 10.44M -12.81M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments 0.00M -1.56M 0.00M 0.00M -0.19M -0.13M -5.32M -39.37M -63.29M -59.85M -6.00M -6.00M 0.00M -0.58M -0.40M -0.07M -2.13M -19.87M -9.29M 0.00M 0.00M -297.87M -21.65M
Sales / Maturities of Investments 0.00M 0.00M 0.00M 0.00M 0.00M 2,515.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.11M 3.20M 17.16M 0.00M 0.00M 3.50M 0.00M 0.00M
Other Investing Activities -0.16M 0.98M -3.50M 0.00M 0.87M -0.07M -12.87M 55.19M 94.50M 38.82M -0.19M 0.00M 1.97M 0.00M 56.27M 20.41M 0.41M -23.29M -59.35M -62.46M -93.58M 281.15M 0.00M
Net Cash from Investing Activities -18.63M -2.62M -3.50M -36.51M -2.96M 2,510.48M -22.28M -23.55M -32.08M -80.87M -45.81M -25.14M -42.99M -84.19M -32.84M -37.40M -33.46M -90.06M -81.45M -62.46M -90.08M -90.11M -78.34M
Net Debt Issuance 0.00M 0.00M -0.16M 0.00M 135.92M -95.16M -21.91M -33.99M 29.59M 108.09M -7.87M 77.36M 58.30M -133.77M 2.43M -61.80M 11.82M 66.76M -121.53M 0.00M 0.00M -24.67M 5.59M
Long-Term Debt Issuance 0.00M 0.00M -0.16M 0.00M 135.92M -95.16M -21.91M -33.99M 29.59M 108.09M -7.87M 77.36M 58.30M -133.77M 2.43M -61.80M 11.82M 66.76M -121.53M 0.00M 0.00M -32.65M -16.00M
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 7.98M 21.60M
Net Stock Issuance -0.24M 0.08M -0.16M 0.96M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.41M 0.00M 0.00M 0.37M 192.00M 20.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Issuance -0.08M 0.24M 0.00M 0.96M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.41M 0.00M 0.00M 0.37M 192.00M 20.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased -0.16M -0.16M -0.16M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -335.22M -249.80M -207.40M -264.41M -307.13M -1,446.68M -48.65M -17.96M -23.44M -34.65M -37.22M -13.62M -15.97M -26.33M -18.55M -15.46M -26.23M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Dividends Paid -335.22M -249.80M -207.40M -264.41M -307.13M -1,446.68M -48.65M -17.96M -23.44M -34.65M -37.22M -13.62M -15.97M -26.33M -18.55M -15.46M -26.23M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
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 0.00M
Other Financing Activities 0.00M 0.00M 0.16M 0.00M 0.00M -5.39M -152.97M -13.06M -2.90M -4.62M 0.00M -2.59M -0.92M 0.00M 0.00M -5.19M 0.50M 40.87M 15.99M -138.84M -124.73M 71.23M 0.00M
Net Cash from Financing Activities -335.46M -249.71M -207.56M -263.46M -171.22M -1,547.24M -223.52M -65.01M 3.25M 68.82M -44.68M 61.15M 41.40M -159.73M 175.89M -62.45M -13.91M 107.63M -105.55M -138.84M -124.73M 46.56M 5.59M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -313.50M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 67.79M 23.88M 0.11M 0.00M 0.00M
Net Change in Cash -190.36M 0.84M 25.69M -56.59M 24.72M 578.09M -328.64M 285.64M 87.70M 5.96M 8.00M 12.04M -30.78M -85.50M 117.16M -32.51M 39.03M 23.99M 2.67M 3.71M 11.23M 0.00M 0.00M
Cash at Beginning of Period 2,644.82M 2,685.29M 682.92M 739.51M 714.79M 136.70M 465.34M 179.70M 92.00M 86.04M 78.04M 66.01M 96.79M 182.29M 65.13M 99.26M 60.23M 36.22M 33.55M 29.84M 18.61M 0.00M 0.00M
Cash at End of Period 2,454.46M 2,686.13M 708.61M 682.92M 739.51M 714.79M 136.70M 465.34M 179.70M 92.00M 86.04M 78.04M 66.01M 96.79M 182.29M 66.75M 99.26M 60.16M 36.22M 33.55M 29.84M 18.61M 30.13M
Operating Cash Flow 163.74M 253.18M 236.75M 243.37M 198.89M -385.15M 230.67M 374.21M 116.53M 18.01M 98.49M -23.98M -29.20M 158.41M -25.89M 67.33M 86.40M 6.42M 120.46M 181.13M 225.93M 32.02M 61.21M
Capital Expenditure -18.47M -2.94M -4.15M -36.51M -3.64M -4.33M -4.09M -39.37M -63.29M -59.85M -39.62M -19.21M -44.96M -83.61M -88.70M -57.85M -34.94M -74.50M -59.35M 0.00M 0.00M -72.97M -56.67M
Free Cash Flow 145.26M 251.14M 232.60M 206.87M 195.26M -389.48M 226.58M 334.83M 53.24M -41.84M 58.87M -43.19M -74.15M 158.41M -114.59M 9.48M 51.46M -74.50M 62.53M 181.13M 225.93M -40.95M 4.54M

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 2004-12-31
EBITDA 148.79M 87.60M 28.76M 45.69M 128.78M 130.94M 91.12M 106.34M 76.68M 228.66M 17.58M 187.07M -57.10M -66.04M 79.31M 91.44M 149.40M 1,067.97M 140.64M 135.08M -285.26M 125.79M 109.53M
(-) Tax Adjustment 29.31M 16.90M 5.54M 9.65M 33.52M 42.63M 16.92M 25.35M 4.72M 80.03M 0.00M 65.47M 0.00M 0.00M 27.76M 32.00M 52.29M 159.96M 49.22M 47.28M -61.48M 44.03M 0.00M
(-) Change In Working Capital -61.56M 102.97M 83.30M 93.12M 104.39M -486.25M 62.93M 372.60M 686.36M 0.00M 129.26M -3.16M -63.70M 31.46M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -55.64M 23.21M
(-) Capital Expenditure -18.47M -2.94M -4.15M -36.51M -3.64M -4.33M -4.09M -39.37M -63.29M -59.85M -39.62M -19.21M -44.96M -83.61M -88.70M -57.85M -34.94M -74.50M -59.35M 0.00M 0.00M -72.97M -56.67M
Unlevered Free Cash Flow 162.56M -35.21M -64.23M -93.59M -12.76M 570.23M 7.17M -330.98M -677.70M 88.78M -151.30M 105.55M -38.36M -181.10M -37.15M 1.59M 62.18M 833.51M 32.06M 87.80M -223.78M 64.43M 29.65M
(-) Net Interest Income After Taxes 33.91M 28.11M -1.26M -0.86M 0.24M -0.74M -4.03M 3.40M -85.48M 5.91M -81.22M -84.62M -23.76M -3.43M 44.74M -38.15M -28.34M -41.58M -8.86M -19.61M -20.40M 16.64M -67.65M
Net Debt Issuance 0.00M 0.00M -0.16M 0.00M 135.92M -95.16M -21.91M -33.99M 29.59M 108.09M -7.87M 77.36M 58.30M -133.77M 2.43M -61.80M 11.82M 66.76M -121.53M 0.00M 0.00M -24.67M 5.59M
Levered Free Cash Flow 128.65M -63.31M -63.14M -92.73M 122.92M 475.80M -10.71M -368.37M -562.63M 190.96M -77.95M 267.53M 43.70M -311.45M -79.46M -22.07M 102.34M 941.84M -80.61M 107.41M -203.38M 23.13M 102.90M