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Page: Company Financials

Çelebi Hava Servisi A.S.

Ticker: CLEBI.IS | Industry: Airlines, Airports & Air Services | Sector: Industrials
$1,789.00 +14.00 (0.79%)
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
Stock Price 2,014.00 2,005.50 736.83 453.90 204.35 98.91 92.05 47.94 30.23 25.58 33.29 22.63 15.30 18.80 22.34 18.35 11.28
Market Capitalization 48,940.20M 48,733.65M 17,904.85M 11,029.77M 4,965.71M 2,403.57M 2,236.82M 1,164.94M 734.47M 621.59M 808.89M 549.79M 371.79M 11,853.84M 11,969.88M 445.91M 273.98M
(-) Cash & Equivalents 4,605.56M 3,351.89M 2,620.34M 1,448.97M 658.90M 518.68M 201.72M 181.28M 118.24M 76.85M 100.21M 77.16M 57.21M 52.09M 67.67M 74.95M 34.63M
(+) Total Debt 9,665.22M 6,407.89M 5,012.11M 2,832.24M 2,108.58M 1,755.77M 1,366.50M 607.20M 377.62M 309.18M 331.46M 334.93M 322.35M 75.04M 84.05M 0.00M 0.00M
Enterprise Value 53,999.85M 51,789.65M 20,296.61M 12,413.03M 6,415.38M 3,640.67M 3,401.60M 1,590.86M 993.84M 853.93M 1,040.14M 807.56M 636.93M 11,876.79M 11,986.26M 370.96M 239.35M

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 2003-12-31 2002-12-31
Revenue 21,360M 17,158M 19,178M 10,865M 6,072M 2,560M 1,542M 1,878M 1,334M 918M 710M 732M 621M 508M 537M 473M 347M 311M 302M 276M 232M 215M 119M 102M 141M
Cost of Revenue 14,486M 11,659M 13,177M 7,198M 4,171M 1,860M 1,235M 1,425M 958M 702M 584M 554M 480M 404M 445M 345M 222M 202M 215M 197M 154M 160M 99M 68M 85M
Gross Profit 6,874M 5,500M 6,001M 3,667M 1,901M 700M 307M 453M 376M 216M 126M 178M 141M 104M 92M 128M 125M 109M 87M 80M 78M 55M 21M 34M 56M
Gross Profit Margin 32.2% 32.1% 31.3% 33.8% 31.3% 27.4% 19.9% 24.1% 28.2% 23.6% 17.7% 24.3% 22.7% 20.5% 17.2% 27.1% 36.0% 35.0% 28.7% 28.8% 33.6% 25.7% 17.5% 33.0% 39.8%
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 0M 0M
SG&A Expenses 1,275M 1,472M 958M 1,030M 307M 142M 117M 131M 101M 70M 62M 57M 51M 44M 42M 82M 62M 47M 16M 43M 40M 0M 0M 0M 0M
Operating Expenses 2,309M 1,428M 1,742M 883M 330M 172M 153M 167M 111M 74M 69M 61M 50M 49M 49M 82M 71M 68M 40M 31M 30M 23M 22M 12M 13M
Operating Income (EBIT) 4,565M 4,072M 4,259M 2,784M 1,571M 529M 154M 286M 266M 142M 57M 118M 91M 55M 43M 46M 54M 40M 47M 49M 48M 32M -1M 21M 43M
Operating Income Margin 21.4% 23.7% 22.2% 25.6% 25.9% 20.7% 10.0% 15.2% 19.9% 15.5% 8.0% 16.1% 14.6% 10.9% 8.0% 9.8% 15.5% 13.0% 15.4% 17.7% 20.8% 14.9% -1.2% 20.8% 30.7%
Interest Income 306M 236M 293M 119M 63M 30M 24M 22M 17M 8M 6M 4M 4M 3M 3M 10M 18M 29M 40M 3M 3M 0M 0M 0M 3M
Interest Expense 666M 557M 544M 290M 208M 132M 241M 36M 25M 18M 20M 27M 27M 22M 25M 47M 25M 31M 41M 8M 9M 4M 0M 3M 0M
Net Interest Income -360M -320M -251M -171M -144M -102M -217M -14M -8M -11M -14M -23M -23M -19M -22M -37M -7M -1M -1M -5M -6M -4M 0M -3M 3M
Unusual Items -380M 473M 267M 108M 34M 203M -70M -57M -43M -24M -4M 7M 3M -34M 5M 0M 0M 0M 0M -14M -17M 1M 1M 0M 1M
EBT Excluding Unusual Items 4,204M 3,752M 4,008M 2,613M 1,427M 427M -63M 272M 258M 132M 43M 95M 68M 36M 21M 9M 46M 39M 46M 44M 42M 28M -2M 18M 46M
Pre-Tax Income 3,825M 4,225M 4,275M 2,721M 1,461M 630M -133M 215M 215M 107M 38M 102M 71M 2M 26M 9M 46M 39M 46M 30M 26M 29M -1M 18M 47M
Pre-Tax Margin 17.9% 24.6% 22.3% 25.0% 24.1% 24.6% -8.6% 11.4% 16.1% 11.7% 5.4% 13.9% 11.4% 0.4% 4.8% 2.0% 13.4% 12.5% 15.2% 10.9% 11.2% 13.3% -0.8% 17.4% 33.5%
Income Tax Expense 641M 1,091M 682M 896M 303M 65M 17M 19M 6M 21M 11M 20M 16M 3M 8M 6M 16M 11M 16M 7M 5M -3M -1M 4M 16M
Net Income 3,297M 2,920M 3,566M 1,668M 1,080M 533M -169M 192M 205M 85M 27M 83M 55M 3M 21M 8M 27M 28M 30M 26M 22M 31M 0M 11M 26M
Net Income Margin 15.4% 17.0% 18.6% 15.3% 17.8% 20.8% -11.0% 10.2% 15.3% 9.3% 3.8% 11.3% 8.8% 0.6% 3.9% 1.6% 7.7% 8.9% 9.9% 9.5% 9.6% 14.5% 0.1% 11.2% 18.6%
Depreciation & Amortization 1,026M 870M 946M 627M 366M 206M 154M 127M 67M 38M 36M 35M 33M 33M 36M 33M 25M 36M 39M 39M 32M 25M 10M 7M 6M
EBITDA 5,591M 4,943M 5,206M 3,411M 1,938M 735M 308M 413M 333M 181M 93M 152M 124M 88M 79M 79M 78M 77M 86M 88M 80M 57M 9M 28M 50M
EBITDA Margin 26.2% 28.8% 27.1% 31.4% 31.9% 28.7% 20.0% 22.0% 24.9% 19.7% 13.2% 20.8% 19.9% 17.4% 14.6% 16.7% 22.6% 24.7% 28.4% 31.7% 34.5% 26.5% 7.4% 27.9% 35.2%
NOPAT 3,800M 3,021M 3,579M 1,868M 1,246M 474M 122M 260M 258M 115M 41M 94M 71M -15M 29M 18M 35M 29M 30M 38M 39M 35M -1M 16M 29M
NOPAT Margin 17.8% 17.6% 18.7% 17.2% 20.5% 18.5% 7.9% 13.8% 19.3% 12.5% 5.8% 12.8% 11.4% -3.0% 5.5% 3.8% 10.1% 9.4% 10.0% 13.6% 16.7% 16.3% -0.9% 15.8% 20.6%
Owner's Earnings 2,471M 2,499M 3,114M 1,603M 1,082M 649M -88M 129M 45M 79M 37M 80M 27M 8M 12M 1M -16M 1M 55M 49M 43M -3M -16M 5M 20M
Owner's Earnings Margin 11.6% 14.6% 16.2% 14.8% 17.8% 25.4% -5.7% 6.9% 3.3% 8.6% 5.3% 10.9% 4.4% 1.6% 2.2% 0.3% -4.7% 0.3% 18.2% 17.6% 18.4% -1.5% -13.3% 4.8% 14.2%
EPS (Basic) 135.85 120.16 146.77 68.63 44.44 21.95 -6.96 7.92 8.42 3.50 1.10 3.40 2.20 0.10 0.90 0.00 0.79 1.14 1.44 1.08 0.91 0.01 0.06 5.39 1.61
EPS (Diluted) 135.68 120.18 146.77 68.63 44.44 21.95 -6.96 7.92 8.42 3.51 1.10 3.42 2.25 0.13 0.87 0.00 1.10 1.14 1.22 1.08 0.91 0.01 0.01 7.07 1.61
Shares (Basic) 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 2,430M 24M 24M 24M 24M 24M 2,430M 24M 2M 16M
Shares (Diluted) 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 24M 2,430M 24M 24M 24M 24M 24M 2,430M 24M 2M 16M

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 2003-12-31 2002-12-31
Cash & Cash Equivalents 4,660.58M 3,536.86M 4,361.00M 3,377.16M 1,928.96M 1,093.96M 571.83M 209.13M 197.02M 113.57M 65.48M 138.44M 79.95M 60.31M 46.71M 99.41M 74.30M 94.60M 53.64M 45.97M 67.01M 46.22M 13.34M 8.74M 31.87M
Short-Term Investments 180.63M 129.89M 525.66M 274.40M 57.10M 14.08M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 4,841.20M 3,666.75M 4,886.66M 3,651.56M 1,986.06M 1,108.04M 571.83M 209.13M 197.02M 113.57M 65.48M 138.44M 79.95M 60.31M 46.71M 99.41M 74.30M 94.60M 53.64M 45.97M 67.01M 46.22M 13.34M 8.74M 31.87M
Net Receivables 2,546.29M 2,429.05M 2,423.36M 1,347.53M 982.77M 608.79M 264.02M 276.97M 199.50M 124.08M 94.56M 86.31M 57.88M 65.02M 66.38M 46.77M 34.62M 42.23M 54.02M 0.00M 25.31M 15.71M 8.98M -1.30M 5.67M
Inventory 216.16M 199.44M 154.22M 136.39M 64.67M 40.82M 19.55M 16.52M 14.11M 12.46M 11.20M 9.84M 8.38M 8.50M 8.30M 6.39M 4.50M 3.76M 4.44M 4.38M 3.38M 1.65M 1.29M 0.64M 0.74M
Other Current Assets 1,148.43M 369.83M 377.37M 711.91M 485.30M 368.53M 145.74M 194.60M 121.59M 27.46M 30.66M 38.50M 21.64M 16.95M 8.01M 27.07M 2.11M 0.46M 58.11M 21.18M 0.07M 0.09M 0.01M 9.78M 2.40M
Total Current Assets 8,752.09M 6,665.08M 7,841.61M 5,847.40M 3,518.80M 2,126.18M 1,001.13M 697.23M 532.22M 277.57M 201.89M 273.10M 167.85M 150.78M 129.40M 179.65M 115.53M 141.05M 170.21M 71.53M 95.77M 63.67M 23.61M 17.86M 40.68M
Property, Plant & Equipment 10,409.60M 8,593.36M 6,209.82M 4,957.26M 2,757.34M 1,938.41M 999.83M 885.22M 321.81M 155.62M 156.76M 155.67M 166.49M 145.53M 153.30M 144.26M 147.82M 102.33M 93.59M 98.87M 96.91M 156.21M 88.00M 0.00M 0.00M
Goodwill 397.31M 403.22M 354.03M 211.44M 124.30M 119.96M 73.30M 60.93M 43.93M 34.11M 32.56M 26.18M 23.21M 24.09M 19.88M 18.55M 0.00M 0.00M 18.89M 15.83M 18.16M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 1,445.08M 1,453.44M 1,663.77M 1,525.82M 968.90M 701.30M 264.82M 224.50M 219.11M 169.80M 137.17M 124.68M 108.84M 106.21M 112.70M 123.43M 34.62M 42.23M 38.40M 58.43M 83.25M 0.86M 0.63M 0.34M 0.42M
Long-Term Investments 0.00M 0.04M -494.52M 1,630.77M -37.59M 6.31M 341.66M 323.20M 315.22M 139.11M 109.37M 81.05M 72.87M 55.23M 39.79M 16.15M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 803.81M 1,046.06M 817.95M 641.95M 340.34M 256.17M 156.75M 102.59M 98.54M 54.04M 42.36M 31.98M 22.26M 20.35M 15.55M 13.31M 0.00M 0.18M 0.71M 2.96M 1.30M 5.47M 0.00M 0.00M 0.00M
Other Non-Current Assets 1,966.03M 2,780.60M 2,709.54M 185.50M 704.41M 512.92M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 16.37M 11.00M 4.68M 1.01M 0.05M 0.13M 0.03M 37.37M 60.58M 53.58M
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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 15,021.82M 14,276.71M 11,260.58M 9,152.73M 4,857.69M 3,535.07M 1,836.37M 1,596.44M 998.60M 552.69M 478.21M 419.58M 393.66M 351.41M 341.23M 332.07M 193.45M 149.41M 152.60M 176.14M 199.75M 162.56M 126.00M 60.92M 54.01M
Total Assets 23,773.91M 20,941.79M 19,102.19M 15,000.12M 8,376.49M 5,661.25M 2,837.50M 2,293.67M 1,530.83M 830.26M 680.11M 692.68M 561.51M 502.19M 470.62M 511.72M 308.98M 290.46M 322.81M 247.67M 295.51M 226.23M 149.61M 78.78M 94.68M
Accounts Payable 1,312.00M 1,607.95M 1,471.54M 661.31M 293.30M 265.14M 110.27M 120.56M 69.64M 69.61M 52.86M 55.04M 42.69M 30.55M 28.84M 17.96M 15.96M 14.42M 11.14M 10.88M 25.93M 7.06M 7.62M 4.44M 3.79M
Short-Term Debt 2,359.11M 2,513.58M 1,681.26M 1,725.72M 692.17M 844.11M 585.83M 462.45M 233.30M 58.49M 153.32M 162.54M 122.40M 86.99M 102.19M 103.91M 0.00M 0.00M 0.00M 33.23M 92.04M 28.86M 0.24M 0.54M 0.28M
Tax Payables 916.28M 713.22M 778.40M 327.13M 271.38M 72.11M 38.20M 15.07M 17.61M 2.94M 3.17M 3.79M 4.14M 1.23M 1.57M 0.00M 1.51M 0.16M 0.00M 3.72M 4.81M 0.00M 0.00M 0.24M 3.68M
Deferred Revenue 0.00M 0.00M 0.00M 14.65M 824.20M 358.84M 207.48M 109.87M 91.72M 56.97M 42.75M 37.71M 33.21M 32.29M 49.24M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 11.33M 0.00M 0.00M 0.00M
Other Current Liabilities 1,840.05M 1,768.27M 1,767.10M 815.98M 272.77M 134.93M 149.01M 34.11M 41.11M 26.72M 20.45M 17.45M 14.61M 19.91M 35.61M 40.17M 53.94M 64.23M 41.61M 11.81M 4.15M 15.82M 2.50M -0.91M 0.00M
Total Current Liabilities 6,427.43M 6,603.02M 5,698.30M 3,544.79M 2,353.82M 1,675.13M 1,090.80M 742.06M 453.38M 214.75M 272.54M 276.54M 217.06M 170.97M 217.44M 162.04M 71.41M 78.80M 52.76M 59.64M 126.93M 63.08M 10.36M 4.30M 7.75M
Long-Term Debt 3,514.68M 2,892.32M 1,703.12M 1,463.44M 498.45M 634.36M 505.14M 339.76M 478.22M 274.66M 168.88M 155.40M 175.40M 230.19M 183.75M 223.51M 0.00M 0.00M 55.09M 48.95M 33.07M 0.00M 0.00M 0.00M 0.00M
Capital Lease Obligations 5,365.14M 4,542.82M 3,096.21M 3,012.38M 1,818.78M 1,262.21M 714.70M 458.75M 10.29M 8.20M 0.38M 4.55M 5.84M 7.94M 9.62M 0.00M 0.00M 0.00M 0.00M 0.00M 0.10M 0.72M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 340.74M 341.40M 337.11M 433.86M 122.14M 85.46M 29.56M 21.50M 5.88M 5.65M 5.83M 5.94M 6.28M 6.48M 5.63M 4.34M 3.95M 3.80M 4.45M 5.10M 6.20M 9.98M 7.63M 8.74M 10.61M
Other Non-Current Liabilities 349.78M 401.67M 1,086.19M 898.93M 522.17M 320.39M 130.55M 72.01M 231.79M 173.24M 34.54M 26.45M 17.42M 12.94M 42.20M 30.92M 143.92M 115.94M 12.22M 15.61M 8.68M 63.21M 60.21M 3.90M 3.58M
Total Non-Current Liabilities 9,570.34M 8,178.21M 6,222.64M 5,808.61M 2,961.53M 2,302.42M 1,379.94M 892.02M 726.18M 461.75M 209.62M 192.35M 204.94M 257.54M 241.19M 258.77M 147.87M 119.74M 71.76M 69.66M 48.04M 73.91M 67.84M 12.64M 14.19M
Total Liabilities 15,997.76M 14,781.23M 11,920.94M 9,353.40M 5,315.35M 3,977.55M 2,470.74M 1,634.08M 1,179.56M 676.49M 482.16M 468.89M 422.00M 428.51M 458.64M 420.81M 219.28M 198.54M 124.51M 129.30M 174.97M 136.98M 78.20M 16.95M 21.94M
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 0.00M 0.00M
Common Stock 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 24.30M 13.50M 13.50M 14.99M 9.11M 9.11M
Retained Earnings 2,521.87M 1,117.45M 3,858.93M 1,986.82M 1,454.25M 555.93M 22.94M 310.14M 188.56M 68.06M 16.30M 69.53M 39.81M -14.75M 3.96M 18.45M 61.27M 75.25M 89.57M 54.80M 50.87M 59.82M 29.39M 34.91M 49.85M
Accumulated OCI 5,351.63M 0.00M 3,261.49M 2,624.82M 1,313.89M 773.69M 309.36M 175.74M 123.39M 66.52M 46.89M 39.11M 3.13M 2.70M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 967.69M 1,003.11M 531.10M 579.03M 459.47M 315.92M 89.69M 62.26M 16.83M 9.98M 14.21M 11.35M 10.93M 6.32M 8.10M 11.08M 16.48M 0.30M 0.12M 3.16M 4.67M 0.05M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 7,897.81M 1,141.75M 7,144.72M 4,635.94M 2,792.44M 1,353.92M 356.60M 510.18M 336.26M 158.88M 87.49M 132.94M 67.25M 12.24M 28.26M 42.75M 85.57M 99.55M 113.87M 79.10M 64.37M 73.32M 44.38M 44.02M 58.96M
Total Equity 8,865.50M 2,144.86M 7,675.81M 5,214.97M 3,251.91M 1,669.85M 446.30M 572.44M 353.09M 168.86M 101.70M 144.29M 78.18M 18.57M 36.36M 53.83M 102.05M 99.86M 113.99M 82.26M 69.04M 73.37M 44.38M 44.02M 58.96M
Total Liabilities & Equity 24,863.26M 16,926.09M 19,596.75M 14,568.37M 8,567.26M 5,647.39M 2,917.04M 2,206.51M 1,532.65M 845.35M 583.86M 613.18M 500.18M 447.07M 494.99M 474.63M 321.33M 298.40M 238.50M 211.56M 244.00M 210.35M 122.58M 60.97M 80.90M
Tangible Assets 21,931.52M 19,085.14M 17,084.39M 13,262.87M 7,283.29M 4,839.98M 2,499.38M 2,008.24M 1,267.79M 626.35M 510.38M 541.81M 429.47M 371.89M 338.04M 369.74M 274.36M 248.24M 265.52M 173.41M 194.11M 225.37M 148.98M 78.44M 94.26M
Tangible Equity 7,023.11M 288.21M 5,658.02M 3,477.72M 2,158.71M 848.58M 108.18M 287.01M 90.05M -35.06M -68.03M -6.58M -53.86M -111.73M -96.22M -88.15M 67.43M 57.63M 56.69M 8.01M -32.37M 72.51M 43.76M 43.69M 58.54M
Tangible Book Value 7,023.11M 288.21M 5,658.02M 3,477.72M 2,158.71M 848.58M 108.18M 287.01M 90.05M -35.06M -68.03M -6.58M -53.86M -111.73M -96.22M -88.15M 67.43M 57.63M 56.69M 8.01M -32.37M 72.51M 43.76M 43.69M 58.54M
Total Investments 180.63M 129.89M 31.14M 1,905.17M 19.51M 20.39M 341.66M 323.20M 315.22M 139.11M 109.37M 81.05M 72.87M 55.23M 39.79M 16.15M 0.03M 0.00M 0.00M 0.00M 0.00M 0.00M 37.31M 0.19M 0.00M
Net Debt 1,213.21M 1,869.04M -976.61M -188.00M -738.35M 384.51M 519.13M 593.08M 514.50M 219.58M 256.72M 179.50M 217.85M 256.87M 239.23M 228.00M -74.30M -94.60M 1.45M 36.21M 58.09M -17.37M -13.10M -8.21M -31.59M

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 2003-12-31 2002-12-31
Working Capital 1,709.7M -1,202.5M 1,978.2M 1,253.4M 1,053.3M 240.2M -140.7M -197.6M 81.2M 79.8M -62.0M -5.0M -30.0M -4.8M -38.0M 31.4M 38.2M 60.1M 54.3M 16.2M -34.5M 12.6M 11.7M 11.6M 30.3M
Total Capital 19,136.7M 15,235.5M 13,625.3M 10,837.5M 5,801.8M 4,094.6M 2,162.3M 1,771.1M 1,058.1M 500.2M 410.1M 455.4M 399.2M 365.6M 356.1M 39.4M 112.0M 119.8M 185.3M 202.1M 237.8M 131.4M 125.6M 60.3M 70.4M
Capital Employed 16,731.5M 13,074.2M 13,238.8M 10,406.2M 5,911.0M 3,775.3M 1,695.7M 1,398.8M 1,079.8M 632.5M 416.3M 414.6M 363.7M 346.6M 303.2M 363.5M 276.4M 242.4M 206.9M 192.4M 165.2M 175.2M 137.7M 72.5M 84.3M
Invested Capital 14,476.2M 11,698.6M 9,264.3M 7,460.3M 3,872.9M 3,000.6M 1,590.4M 1,562.0M 861.1M 386.7M 344.6M 317.0M 319.2M 305.3M 309.4M -60.0M 37.7M 25.2M 131.7M 156.1M 170.8M 85.2M 112.2M 51.6M 38.5M

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 2003-12-31 2002-12-31
Net Income 3,309.95M 3,099.81M 3,588.31M 1,826.06M 1,153.99M 564.92M -149.95M 195.46M 208.45M 86.40M 27.54M 101.84M 70.64M 1.98M 25.72M 9.44M 46.35M 39.01M 45.89M 30.14M 25.96M 28.53M 1.63M 11.45M 26.14M
Depreciation & Amortization 1,026.23M 870.44M 946.50M 626.90M 366.28M 206.05M 154.43M 127.44M 66.96M 38.49M 36.35M 34.80M 32.71M 33.14M 35.56M 32.97M 24.58M 36.22M 39.16M 38.65M 31.82M 24.95M 10.25M 7.21M 6.41M
Deferred Income Tax 0.00M 57.99M 0.00M 143.12M 1.96M 4.15M -32.87M -35.62M -28.00M -4.93M -2.30M 0.00M 0.00M 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 0.00M 0.00M
Change in Working Capital -2,437.07M -125.33M -241.73M -342.44M -105.33M -103.51M 70.96M -60.08M -142.80M 20.85M 25.79M 18.73M 0.30M 4.67M -29.99M -125.95M -50.88M -9.31M -31.65M -13.93M 9.55M -4.70M 3.77M -2.00M -1.43M
Accounts Receivable -1,225.92M -1,459.78M -1,047.56M -1,242.52M -470.55M -469.02M 7.17M -96.54M -125.07M -32.24M -20.90M -18.04M 6.86M -12.91M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory -45.28M -29.90M -17.83M -71.72M -23.85M -17.03M -3.02M -2.41M -1.65M -1.27M -1.35M -1.46M 0.12M -0.20M -1.91M -1.89M -0.74M 0.68M -0.08M -1.00M -1.71M -0.36M -0.56M 0.00M 0.00M
Accounts Payable 0.00M 461.75M 647.15M 533.82M 152.33M 161.38M -6.47M 34.74M 22.57M 12.94M 14.09M 9.20M 0.00M 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 -1,165.87M 924.14M 176.52M 437.99M 236.73M 221.16M 73.28M 4.13M -141.15M 22.12M 27.14M 20.19M 0.18M 4.87M -28.08M -124.06M -50.14M -9.99M -31.57M -12.93M 11.26M -4.34M 4.33M 0.00M 0.00M
Other Non-Cash Items 644.90M 1,007.09M 567.09M 418.00M 287.63M -40.25M 347.94M 56.96M 189.42M 37.77M -39.23M -14.84M 33.25M 14.31M 8.28M 48.29M 45.65M 9.73M 7.74M -1.80M 8.05M 3.47M -0.43M -3.77M -0.91M
Net Cash from Operating Activities 2,544.02M 4,312.77M 4,860.16M 2,671.64M 1,702.57M 627.22M 423.38M 319.78M 322.04M 183.52M 50.45M 140.52M 136.91M 54.09M 39.57M -35.25M 65.70M 75.65M 61.14M 53.05M 75.39M 52.25M 15.22M 12.89M 30.22M
Capital Expenditures (PPE) -1,783.43M -1,209.75M -1,308.08M -554.91M -364.44M -90.47M -72.87M -190.88M -226.92M -44.68M -25.86M -38.24M -60.05M -27.86M -45.00M -39.31M -67.44M -62.93M -13.99M -16.27M -11.49M -59.37M -26.30M -13.73M -12.60M
Acquisitions (Net) 0.00M -1.45M -70.69M 0.00M 0.95M 19.03M 12.45M -13.92M 9.11M -7.55M -4.99M 28.34M -13.60M 0.00M 0.00M 0.00M 0.00M 0.81M -0.81M 0.00M -33.31M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -13.92M 0.00M -7.55M -4.99M 0.00M 0.00M 0.00M -2.33M -1.51M -0.03M 0.00M 0.00M 0.00M 0.00M 0.00M -37.07M -0.54M 0.00M
Sales / Maturities of Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 13.92M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.24M 0.00M 0.00M 0.00M
Other Investing Activities -204.86M -752.51M -599.43M -1,274.56M 33.33M 4.83M 38.20M 34.65M 17.65M -23.69M -3.35M 21.63M -59.20M -26.87M -5.02M -3.59M -6.70M -32.74M 0.03M 2.90M 1.52M 2.43M -3.93M -0.26M -0.12M
Net Cash from Investing Activities -1,988.29M -2,087.99M -1,978.19M -1,829.47M -330.16M -66.61M -22.21M -170.15M -209.27M -50.25M -29.03M -9.90M -72.81M -26.87M -42.72M -35.06M -63.35M -56.41M -10.20M -13.37M -43.27M -55.73M -66.88M -14.47M -12.58M
Net Debt Issuance 1,339.05M -214.22M -261.11M 578.00M -815.29M -390.32M -39.16M -60.50M 118.56M -18.65M 0.61M 20.77M -21.48M 32.26M -36.96M 169.02M 19.31M 68.15M -11.80M -42.32M 0.79M 41.21M 55.28M 0.22M -0.05M
Long-Term Debt Issuance 1,339.05M -75.72M -261.11M 578.00M -629.38M -271.20M -39.16M -60.50M 118.56M -18.65M 0.61M 20.77M -21.48M 32.26M -32.53M 169.02M 19.31M 68.15M -12.09M -42.23M 0.79M 41.21M 55.28M 0.22M -0.05M
Short-Term Debt Issuance 0.00M -111.70M 0.00M 0.00M -185.92M -119.12M -70.42M 0.00M 0.00M 0.00M 0.00M -1.91M 0.00M 0.00M -4.43M 0.00M 0.00M 0.00M 0.29M -0.10M -0.62M 0.00M 0.00M 0.00M 0.00M
Net 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 -33.71M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -33.71M 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 0.00M 0.00M
Net Dividends Paid -3,788.64M -1,689.57M -1,735.32M -1,305.44M -164.03M -57.71M -47.99M -128.80M -76.55M -30.38M -72.90M -48.60M 0.00M -18.23M 0.00M -37.33M -31.39M -38.20M -25.41M -18.40M -12.20M 0.00M 0.00M -21.74M -34.42M
Common Dividends Paid -3,788.64M -1,689.57M -1,735.32M -1,305.44M -164.03M -57.71M -47.99M -128.80M -76.55M -30.38M -72.90M -48.60M 0.00M -18.23M 0.00M -37.33M -31.39M -38.20M -25.41M -18.40M -12.20M 0.00M 0.00M -21.74M -34.42M
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 0.00M 0.00M
Other Financing Activities -665.42M -191.47M -405.78M -15.47M -29.92M -50.50M -31.57M -14.44M -1.70M -11.95M -12.14M -19.90M -20.09M -18.34M 0.00M -9.15M -9.99M -0.07M -6.06M 0.00M 0.00M -4.85M -0.24M -3.01M 0.00M
Net Cash from Financing Activities -3,115.00M -2,132.37M -2,402.22M -742.91M -1,009.24M -498.54M -118.72M -203.74M 40.32M -62.55M -84.42M -47.74M -41.57M -4.31M -61.45M 88.83M -22.07M 23.16M -43.27M -60.72M -11.42M 36.37M 55.04M -21.54M -34.47M
Effect of FX on Cash 3,775.75M 522.26M 368.48M 1,413.59M 470.78M 460.08M 80.04M 66.32M -69.76M -22.78M 0.61M -24.39M -2.89M -9.03M 16.46M 6.60M -0.08M -1.45M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash 1,195.01M 652.14M 848.24M 1,446.37M 833.96M 522.15M 362.49M 12.21M 83.33M 47.94M -62.40M 54.16M 21.90M 19.57M -36.21M 2.04M -20.40M 33.47M 7.67M -21.04M 20.70M 32.89M 3.39M -23.13M -16.83M
Cash at Beginning of Period 16,235.24M 11,874.33M 3,373.90M 1,927.53M 1,093.57M 571.43M 208.94M 196.73M 113.40M 65.46M 127.86M 73.70M 51.80M 32.23M 68.73M 66.69M 87.09M 53.63M 45.97M 67.01M 46.32M 13.34M 9.95M 31.87M 48.70M
Cash at End of Period 17,430.25M 12,526.48M 4,222.14M 3,373.90M 1,927.53M 1,093.57M 571.43M 208.94M 196.73M 113.40M 65.46M 127.86M 73.70M 51.80M 32.52M 68.73M 66.69M 87.09M 53.64M 45.97M 67.01M 46.22M 13.34M 8.74M 31.87M
Operating Cash Flow 2,544.02M 4,312.77M 4,860.16M 2,671.64M 1,702.57M 627.22M 423.38M 319.78M 322.04M 183.52M 50.45M 140.52M 136.91M 54.09M 39.57M -35.25M 65.70M 75.65M 61.14M 53.05M 75.39M 52.25M 15.22M 12.89M 30.22M
Capital Expenditure -1,851.80M -1,291.96M -1,398.87M -691.63M -364.44M -90.47M -72.87M -190.88M -226.92M -44.68M -25.86M -38.24M -60.05M -27.86M -45.00M -39.31M -67.44M -62.93M -13.99M -16.27M -11.49M -59.37M -26.30M -13.73M -12.60M
Free Cash Flow 692.22M 3,020.81M 3,461.30M 1,980.01M 1,338.13M 536.75M 350.51M 128.90M 95.11M 138.84M 24.60M 102.28M 76.86M 26.23M -5.43M -74.56M -1.74M 12.72M 47.15M 36.79M 63.90M -7.11M -11.08M -0.84M 17.62M

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 2003-12-31 2002-12-31
EBITDA 6,624.73M 4,898.36M 5,990.00M 3,264.57M 1,961.00M 764.96M 344.41M 448.85M 342.44M 184.37M 100.66M 156.32M 123.39M 93.44M 85.92M 78.78M 87.59M 98.26M 109.80M 75.44M 69.50M 80.23M 31.15M 40.79M 62.39M
(-) Tax Adjustment 1,109.40M 1,264.47M 956.30M 1,074.61M 406.30M 79.06M 0.00M 40.64M 10.14M 36.03M 28.50M 31.37M 27.33M 32.70M 27.09M 27.57M 30.26M 27.42M 38.43M 17.42M 13.68M 0.00M 10.90M 9.81M 20.58M
(-) Change In Working Capital -2,437.07M -125.33M -241.73M -342.44M -105.33M -103.51M 70.96M -60.08M -142.80M 20.85M 25.79M 18.73M 0.30M 4.67M -29.99M -125.95M -50.88M -9.31M -31.65M -13.93M 9.55M -4.70M 3.77M -2.00M -1.43M
(-) Capital Expenditure -1,851.80M -1,291.96M -1,398.87M -691.63M -364.44M -90.47M -72.87M -190.88M -226.92M -44.68M -25.86M -38.24M -60.05M -27.86M -45.00M -39.31M -67.44M -62.93M -13.99M -16.27M -11.49M -59.37M -26.30M -13.73M -12.60M
Unlevered Free Cash Flow 6,100.60M 2,467.26M 3,876.56M 1,840.77M 1,295.59M 698.94M 200.58M 277.43M 248.17M 82.82M 20.51M 67.99M 35.70M 28.20M 43.82M 137.84M 40.78M 17.21M 89.04M 55.68M 34.78M 25.56M -9.83M 19.25M 30.64M
(-) Net Interest Income After Taxes -299.81M -237.55M -211.15M -114.75M -114.36M -91.49M -216.92M -12.93M -7.37M -8.62M -10.31M -18.09M -18.11M -12.44M -15.17M -23.85M -4.79M -1.06M -0.44M -3.62M -4.63M -4.26M -0.14M -2.40M 2.25M
Net Debt Issuance 1,339.05M -214.22M -261.11M 578.00M -815.29M -390.32M -39.16M -60.50M 118.56M -18.65M 0.61M 20.77M -21.48M 32.26M -36.96M 169.02M 19.31M 68.15M -11.80M -42.32M 0.79M 41.21M 55.28M 0.22M -0.05M
Levered Free Cash Flow 7,739.46M 2,490.60M 3,826.59M 2,533.52M 594.65M 400.11M 378.35M 229.85M 374.11M 72.79M 31.44M 106.85M 32.33M 72.90M 22.03M 330.72M 64.88M 86.42M 77.68M 16.98M 40.20M 71.03M 45.59M 21.86M 28.34M