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Page: Company Financials

Community Trust Bancorp, Inc.

Ticker: CTBI | Industry: Banks - Regional | Sector: Financial Services
$59.85 +0.89 (1.51%)
As of: 2026-01-15

Master Data Export

Enterprise Value

Metric MRQ MRQ-1 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Stock Price 52.92 50.36 51.64 46.94 37.91 42.03 42.53 32.47 43.23 45.04 45.78 39.26 34.63 35.67 35.38 30.46 24.57 24.60 23.67 28.80 29.15 33.64 28.29 26.90 21.36 18.26 14.88 11.29 13.36 16.23 15.49 11.42 10.14
Market Capitalization 953.20M 906.23M 929.71M 842.68M 678.13M 749.66M 756.44M 576.20M 766.27M 796.62M 807.07M 689.04M 603.57M 617.93M 607.17M 518.24M 413.82M 412.21M 393.81M 475.79M 485.84M 558.21M 463.52M 438.16M 347.95M 302.86M 250.58M 197.43M 236.94M 296.78M 278.19M 202.02M 176.13M
(-) Cash & Equivalents 395.54M 340.91M 368.22M 266.60M 208.51M 191.36M 349.26M 316.94M 264.93M 180.01M 174.20M 138.38M 161.29M 141.14M 127.56M 208.27M 204.39M 122.17M 91.50M 89.19M 87.82M 85.24M 85.27M 76.90M 78.40M 78.73M 75.55M 78.30M 119.86M 214.93M 79.78M 64.50M 94.75M
(+) Total Debt 305.87M 327.78M 316.83M 314.56M 306.10M 307.32M 394.03M 388.99M 310.93M 308.76M 361.37M 326.21M 357.64M 311.80M 294.39M 289.25M 313.88M 280.46M 285.05M 274.36M 311.17M 347.05M 363.95M 240.99M 149.86M 132.49M 137.74M 117.41M 115.41M 200.63M 222.05M 153.35M 114.45M
Enterprise Value 863.53M 893.10M 878.31M 890.64M 775.72M 865.61M 801.21M 648.25M 812.28M 925.38M 994.24M 876.87M 799.92M 788.59M 774.01M 599.23M 523.31M 570.50M 587.36M 660.96M 709.19M 820.01M 742.20M 602.25M 419.41M 356.62M 312.77M 236.54M 232.49M 282.48M 420.46M 290.87M 195.83M

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 2001-12-31 2000-12-31 1999-12-31 1998-12-31 1997-12-31 1996-12-31 1995-12-31
Revenue 401M 365M 376M 326M 256M 239M 231M 236M 223M 204M 195M 191M 189M 197M 200M 202M 195M 194M 204M 233M 222M 194M 164M 165M 174M 201M 195M 185M 180M 169M 159M 142M
Cost of Revenue 140M 136M 138M 102M 34M 9M 41M 45M 35M 26M 21M 20M 21M 22M 31M 40M 52M 65M 75M 97M 86M 65M 46M 53M 67M 103M 101M 89M 100M 85M 76M 71M
Gross Profit 261M 229M 238M 224M 222M 230M 190M 190M 188M 178M 174M 170M 168M 175M 169M 162M 144M 129M 128M 136M 136M 128M 118M 112M 107M 98M 95M 96M 80M 84M 83M 71M
Gross Profit Margin 65.1% 62.9% 63.2% 68.6% 86.9% 96.4% 82.0% 80.8% 84.1% 87.4% 89.0% 89.3% 89.1% 88.9% 84.5% 80.1% 73.5% 66.6% 63.0% 58.3% 61.3% 66.3% 72.1% 67.7% 61.4% 48.7% 48.4% 51.9% 44.5% 49.5% 51.9% 50.1%
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 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 90M 83M 85M 79M 77M 78M 70M 74M 72M 70M 68M 66M 67M 63M 61M 58M 59M 55M 48M 42M 44M 43M 40M 35M 35M 31M 30M 30M 29M 29M 28M 25M
Operating Expenses 140M 129M 131M 125M 121M 119M 119M 118M 117M 110M 107M 105M 106M 110M 104M 106M 96M 94M 97M 83M 80M 79M 75M 71M 67M 65M 62M 64M 62M 60M 55M 56M
Operating Income (EBIT) 121M 101M 107M 99M 101M 111M 70M 72M 71M 69M 66M 65M 62M 65M 65M 56M 48M 36M 31M 53M 56M 50M 44M 41M 40M 33M 33M 31M 18M 24M 27M 15M
Operating Income Margin 30.2% 27.6% 28.4% 30.2% 39.5% 46.4% 30.4% 30.6% 31.6% 33.6% 34.1% 34.0% 33.0% 33.0% 32.6% 27.5% 24.4% 18.3% 15.4% 22.7% 25.1% 25.7% 26.7% 24.8% 22.8% 16.3% 16.7% 17.0% 9.9% 14.1% 17.2% 10.8%
Interest Income 338M 305M 313M 269M 198M 178M 176M 185M 171M 156M 147M 144M 144M 148M 154M 158M 155M 153M 168M 197M 189M 160M 130M 129M 147M 177M 176M 164M 161M 151M 145M 131M
Interest Expense 128M 125M 127M 96M 29M 15M 25M 41M 29M 18M 14M 12M 12M 13M 22M 27M 35M 48M 64M 91M 82M 57M 37M 44M 57M 94M 92M 80M 84M 74M 69M 65M
Net Interest Income 210M 179M 186M 173M 169M 163M 151M 145M 142M 137M 133M 132M 132M 135M 132M 131M 119M 106M 104M 106M 108M 103M 93M 85M 89M 83M 84M 84M 77M 77M 75M 66M
Unusual Items -210M -179M -186M -173M -169M -163M -151M -145M -142M -137M -133M -132M -132M -135M -132M -131M -119M -106M -104M -106M -108M -103M -93M -85M -89M -83M -84M -84M -77M -77M -75M -66M
EBT Excluding Unusual Items 331M 280M 293M 272M 270M 274M 221M 217M 213M 206M 199M 197M 194M 200M 197M 187M 167M 141M 135M 159M 163M 153M 137M 126M 129M 116M 117M 115M 95M 100M 103M 81M
Pre-Tax Income 121M 101M 107M 99M 101M 111M 70M 72M 71M 69M 66M 65M 62M 65M 65M 56M 48M 36M 31M 53M 56M 50M 44M 41M 40M 33M 33M 31M 18M 24M 27M 15M
Pre-Tax Margin 30.2% 27.6% 28.4% 30.2% 39.5% 46.4% 30.4% 30.6% 31.6% 33.6% 34.1% 34.0% 33.0% 33.0% 32.6% 27.5% 24.4% 18.3% 15.4% 22.7% 25.1% 25.7% 26.7% 24.8% 22.8% 16.3% 16.7% 17.0% 9.9% 14.1% 17.2% 10.8%
Income Tax Expense 28M 22M 24M 21M 19M 23M 11M 7M 11M 17M 19M 19M 19M 20M 20M 17M 15M 11M 8M 16M 17M 15M 13M 12M 12M 10M 10M 9M 4M 8M 9M 5M
Net Income 93M 79M 83M 78M 82M 88M 60M 65M 59M 51M 47M 46M 43M 45M 45M 39M 33M 25M 23M 37M 39M 34M 31M 29M 28M 22M 22M 22M 14M 19M 19M 11M
Net Income Margin 23.2% 21.6% 22.0% 23.9% 32.0% 36.9% 25.8% 27.4% 26.5% 25.2% 24.3% 24.3% 22.9% 22.9% 22.5% 19.2% 16.9% 12.9% 11.3% 15.7% 17.6% 17.8% 18.8% 17.5% 15.8% 11.1% 11.4% 11.8% 7.8% 11.3% 11.8% 7.6%
Depreciation & Amortization 5M 5M 5M 5M 5M 5M 5M 6M 4M 4M 4M 4M 4M 5M 4M 4M 4M 5M 5M 6M 7M 7M 6M 6M 5M 7M 7M 8M 6M 5M 5M 4M
EBITDA 127M 106M 112M 104M 106M 116M 76M 78M 74M 73M 70M 69M 67M 70M 69M 60M 52M 41M 37M 59M 62M 57M 50M 47M 45M 40M 40M 39M 24M 29M 32M 20M
EBITDA Margin 31.5% 29.0% 29.7% 31.8% 41.6% 48.5% 32.7% 32.9% 33.3% 35.5% 36.1% 36.1% 35.3% 35.3% 34.8% 29.6% 26.6% 21.0% 17.9% 25.1% 28.1% 29.3% 30.2% 28.4% 25.7% 19.9% 20.5% 21.1% 13.1% 17.2% 20.3% 13.9%
NOPAT 93M 79M 83M 78M 82M 88M 60M 65M 59M 51M 47M 46M 43M 45M 45M 39M 33M 25M 23M 37M 39M 34M 31M 29M 28M 22M 22M 22M 14M 16M 19M 11M
NOPAT Margin 23.2% 21.6% 22.0% 23.9% 32.0% 36.9% 25.8% 27.4% 26.5% 25.2% 24.3% 24.3% 22.9% 22.9% 22.5% 19.2% 16.9% 12.9% 11.3% 15.7% 17.6% 17.8% 18.8% 17.5% 15.8% 11.1% 11.4% 11.8% 7.8% 9.5% 11.8% 7.6%
Owner's Earnings 90M 78M 80M 77M 81M 91M 63M 67M 60M 53M 48M 48M 45M 48M 45M 40M 35M 26M 25M 40M 43M 36M 30M 32M 29M 23M 28M 28M 14M 19M 21M 10M
Owner's Earnings Margin 22.5% 21.3% 21.2% 23.6% 31.6% 38.0% 27.4% 28.6% 26.9% 26.0% 24.5% 25.2% 24.1% 24.1% 22.5% 19.7% 17.9% 13.4% 12.2% 16.9% 19.4% 18.6% 18.1% 19.2% 16.7% 11.5% 14.3% 15.0% 7.6% 11.3% 13.0% 7.3%
EPS (Basic) 5.18 4.40 4.61 4.36 4.59 4.94 3.35 3.64 3.35 2.92 2.70 2.66 2.50 2.64 2.64 2.31 1.97 1.51 1.40 2.20 2.35 2.10 1.90 1.77 1.66 1.32 1.28 1.22 0.78 1.07 1.06 0.62
EPS (Diluted) 5.17 4.40 4.61 4.36 4.58 4.94 3.35 3.64 3.35 2.92 2.70 2.66 2.49 2.62 2.63 2.30 1.97 1.50 1.38 2.17 2.32 2.06 1.86 1.75 1.65 1.32 1.28 1.22 0.78 1.07 1.06 0.62
Shares (Basic) 18M 18M 18M 18M 18M 18M 18M 18M 18M 18M 18M 17M 17M 17M 17M 17M 17M 17M 17M 17M 17M 16M 16M 16M 17M 17M 17M 18M 18M 18M 18M 17M
Shares (Diluted) 18M 18M 18M 18M 18M 18M 18M 18M 18M 18M 18M 17M 17M 17M 17M 17M 17M 17M 17M 17M 17M 17M 17M 17M 17M 17M 17M 18M 18M 18M 18M 17M

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 2001-12-31 2000-12-31 1999-12-31 1998-12-31 1997-12-31 1996-12-31 1995-12-31
Cash & Cash Equivalents 507.87M 395.54M 369.75M 271.65M 128.93M 312.00M 338.48M 264.93M 144.27M 185.07M 145.17M 190.65M 108.78M 107.60M 206.23M 247.66M 132.65M 94.53M 95.10M 105.21M 95.44M 91.07M 78.73M 79.91M 92.96M 96.17M 72.73M 107.46M 233.10M 61.40M 63.90M 107.00M
Short-Term Investments 627.04M 589.27M 1,055.73M 1,163.72M 1,256.23M 1,455.43M 997.26M 599.84M 593.75M 585.76M 605.39M 594.94M 640.19M 609.41M 603.34M 527.40M 0.00M 0.10M 0.00M 0.00M 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 1,134.91M 984.81M 1,425.48M 1,435.37M 1,385.16M 1,767.43M 1,335.74M 864.77M 738.02M 770.84M 750.56M 785.59M 748.97M 717.00M 809.57M 775.05M 132.65M 94.63M 95.10M 105.21M 95.44M 91.07M 78.73M 79.91M 92.96M 96.17M 72.73M 107.46M 233.10M 61.40M 63.90M 107.00M
Net Receivables 25.13M 24.46M 24.76M 23.58M 19.59M 15.42M 15.82M 14.84M 14.43M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 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 0.00M 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 Current Assets 1,160.05M 1,009.26M 1,450.24M 1,458.94M 1,404.75M 1,782.85M 1,351.56M 879.61M 752.45M 770.84M 750.56M 785.59M 748.97M 717.00M 809.57M 775.05M 132.65M 94.63M 95.10M 105.21M 95.44M 91.07M 78.73M 79.91M 92.96M 96.17M 72.73M 107.46M 233.10M 61.40M 63.90M 107.00M
Property, Plant & Equipment 68.22M 67.33M 64.02M 61.01M 59.70M 52.63M 55.22M 58.60M 45.29M 46.32M 47.94M 48.19M 49.98M 52.00M 54.32M 54.30M 55.34M 49.24M 51.59M 53.39M 55.67M 57.97M 53.11M 49.99M 50.77M 51.10M 49.03M 52.05M 54.80M 47.70M 46.30M 47.60M
Goodwill 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.49M 65.50M 65.06M 65.06M 0.00M 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 6.87M 7.10M 7.36M 7.67M 8.47M 6.77M 4.07M 3.26M 3.61M 3.48M 3.57M 3.53M 3.45M 4.11M 3.27M 3.40M 4.50M 4.05M 3.45M 66.98M 67.61M 66.71M 63.37M 63.95M 64.53M 64.53M 56.32M 0.00M 62.50M 0.00M 19.80M 20.10M
Long-Term Investments 5,150.15M 5,054.44M 4,435.63M 4,004.67M 3,665.58M 3,371.94M 3,531.92M 3,217.21M 3,178.19M 3,088.48M 2,904.55M 2,840.70M 2,703.30M 2,583.84M 2,541.48M 2,525.58M 2,911.17M 2,689.41M 2,611.43M 2,559.29M 2,607.72M 2,521.99M 2,420.45M 2,221.27M 2,192.20M 2,137.98M 1,954.24M 1,924.97M 1,860.70M 1,689.50M 1,658.50M 1,529.40M
Tax Assets 21.75M 23.92M 29.07M 28.14M 39.88M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 Non-Current Assets 165.61M 163.40M 141.45M 143.77M 136.44M 138.58M 130.89M 141.84M 156.59M 161.62M 160.06M 160.44M 152.58M 159.28M 161.54M 167.37M 186.72M 184.26M 127.91M 117.82M 143.33M 113.32M 93.43M 58.92M 87.46M 154.12M 132.09M 32.18M 36.94M 36.40M 27.20M 26.10M
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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 5,478.08M 5,381.68M 4,743.01M 4,310.75M 3,975.57M 3,635.41M 3,787.58M 3,486.40M 3,449.17M 3,365.40M 3,181.61M 3,118.35M 2,974.80M 2,864.72M 2,826.10M 2,816.13M 3,223.23M 2,992.03M 2,859.43M 2,797.48M 2,874.32M 2,759.99M 2,630.37M 2,394.13M 2,394.96M 2,407.73M 2,191.67M 2,009.20M 2,014.94M 1,773.60M 1,751.80M 1,623.20M
Total Assets 6,638.13M 6,390.94M 6,193.25M 5,769.70M 5,380.32M 5,418.26M 5,139.14M 4,366.00M 4,201.62M 4,136.23M 3,932.17M 3,903.93M 3,723.77M 3,581.72M 3,635.66M 3,591.18M 3,355.87M 3,086.66M 2,954.53M 2,902.68M 2,969.76M 2,851.05M 2,709.09M 2,474.04M 2,487.91M 2,503.91M 2,264.40M 2,116.66M 2,248.04M 1,835.00M 1,815.70M 1,730.20M
Accounts Payable 19.19M 15.13M 8.38M 7.39M 2.24M 1.02M 1.24M 2.84M 2.90M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 285.36M 225.58M 240.67M 225.75M 215.93M 271.59M 356.36M 234.82M 233.89M 251.13M 255.88M 254.82M 246.23M 220.53M 222.43M 243.39M 197.96M 192.68M 168.91M 177.34M 258.82M 392.31M 255.04M 108.49M 70.99M 92.11M 72.28M 45.63M 43.40M 147.20M 50.50M 83.90M
Tax Payables 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 5,385.46M 5,233.01M 5,070.19M 4,724.62M 4,426.14M 4,344.29M 4,016.08M 3,405.57M 3,305.95M 3,263.86M 3,081.31M 2,980.78M 2,874.26M 2,855.07M 2,903.85M 2,878.36M 2,706.12M 2,462.21M 2,331.83M 2,293.16M 2,341.17M 2,246.55M 2,140.42M 2,067.62M 2,127.72M 2,155.77M 1,943.92M 1,877.33M 1,921.10M 1,465.10M 1,480.80M 1,467.40M
Total Current Liabilities 5,690.01M 5,473.71M 5,319.23M 4,957.76M 4,644.31M 4,616.90M 4,373.69M 3,643.23M 3,542.74M 3,514.99M 3,337.19M 3,235.60M 3,120.48M 3,075.61M 3,126.28M 3,121.74M 2,904.07M 2,654.89M 2,500.75M 2,470.51M 2,599.98M 2,638.86M 2,395.45M 2,176.10M 2,198.71M 2,247.88M 2,016.19M 1,922.96M 1,964.50M 1,612.30M 1,531.30M 1,551.30M
Long-Term Debt 81.05M 80.29M 79.21M 81.47M 75.82M 71.22M 72.21M 73.44M 59.78M 60.19M 62.29M 162.40M 122.51M 62.63M 62.77M 82.95M 82.58M 82.01M 122.07M 102.25M 61.34M 61.34M 59.50M 59.50M 63.66M 47.94M 48.06M 70.60M 105.20M 155.30M 124.20M 27.90M
Capital Lease Obligations 16.91M 16.09M 15.19M 16.39M 17.63M 13.01M 13.97M 15.19M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 0.55M 4.69M 5.11M 3.36M 4.43M 7.84M 8.92M 9.49M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 Non-Current Liabilities 35.69M 30.06M 36.91M 28.76M 32.13M 31.39M 33.69M 29.33M 31.58M 25.92M 24.24M 21.43M 23.40M 30.99M 46.27M 19.62M 30.58M 28.31M 23.51M 28.57M 26.06M -103.10M 17.97M 17.05M 16.12M 16.47M 18.24M 10.11M 13.54M -72.90M 15.40M 17.20M
Total Non-Current Liabilities 133.65M 126.44M 131.30M 126.63M 125.59M 116.16M 124.56M 123.07M 94.72M 90.54M 94.37M 192.75M 155.40M 93.62M 109.04M 102.57M 113.16M 110.32M 145.58M 130.82M 87.40M -41.75M 77.47M 76.55M 79.79M 64.42M 66.30M 80.71M 118.74M 82.40M 139.60M 45.10M
Total Liabilities 5,823.67M 5,600.16M 5,450.54M 5,084.38M 4,769.90M 4,733.06M 4,498.25M 3,766.30M 3,637.47M 3,605.53M 3,431.55M 3,428.35M 3,275.89M 3,169.22M 3,235.32M 3,224.31M 3,017.23M 2,765.20M 2,646.33M 2,601.33M 2,687.39M 2,597.11M 2,472.93M 2,252.65M 2,278.49M 2,312.30M 2,082.49M 2,003.67M 2,083.24M 1,694.70M 1,670.90M 1,596.40M
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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 90.55M 90.53M 90.29M 90.00M 89.59M 89.22M 89.05M 88.97M 88.67M 88.47M 88.14M 87.69M 87.33M 79.11M 78.07M 77.15M 76.41M 75.92M 75.33M 75.22M 75.79M 74.99M 74.23M 67.31M 61.74M 57.13M 58.35M 55.22M 50.30M 0.00M 0.00M 0.00M
Retained Earnings 576.17M 561.81M 531.86M 484.40M 438.60M 386.75M 326.74M 296.76M 258.94M 224.27M 195.08M 169.86M 144.70M 174.29M 148.94M 123.43M 103.44M 88.84M 81.94M 78.25M 58.88M 35.67M 15.87M 43.66M 66.54M 81.40M 68.42M 75.02M 84.80M 79.00M 72.00M 59.90M
Accumulated OCI -71.11M -80.62M -98.37M -103.32M -129.15M -4.85M 13.57M 4.25M -6.61M -3.51M -2.30M 1.01M 1.16M -8.03M 12.67M 10.18M 3.91M 4.21M 0.90M -1.12M -3.26M -4.34M 1.05M 4.84M 7.42M 1.96M 0.24M -3.12M 1.60M 0.60M -0.80M 0.40M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 Shareholders’ Equity 595.60M 571.72M 523.78M 471.08M 399.04M 471.12M 429.36M 389.98M 340.99M 309.23M 280.92M 258.55M 233.19M 245.37M 239.67M 210.77M 183.76M 168.97M 158.17M 152.35M 131.41M 106.32M 91.15M 115.81M 135.70M 140.48M 127.01M 127.11M 136.70M 79.60M 71.20M 60.30M
Total Equity 595.60M 571.72M 523.78M 471.08M 399.04M 471.12M 429.36M 389.98M 340.99M 309.23M 280.92M 258.55M 233.19M 245.37M 239.67M 210.77M 183.76M 168.97M 158.17M 152.35M 131.41M 106.32M 91.15M 115.81M 135.70M 140.48M 127.01M 127.11M 136.70M 79.60M 71.20M 60.30M
Total Liabilities & Equity 6,419.27M 6,171.87M 5,974.32M 5,555.46M 5,168.93M 5,204.18M 4,927.61M 4,156.28M 3,978.46M 3,914.76M 3,712.47M 3,686.90M 3,509.08M 3,414.59M 3,474.99M 3,435.08M 3,200.99M 2,934.18M 2,804.49M 2,753.68M 2,818.80M 2,703.43M 2,564.07M 2,368.46M 2,414.19M 2,452.78M 2,209.50M 2,130.78M 2,219.94M 1,774.30M 1,742.10M 1,656.70M
Tangible Assets 6,565.77M 6,318.35M 6,120.40M 5,696.54M 5,306.36M 5,345.99M 5,069.58M 4,297.25M 4,132.52M 4,067.26M 3,863.11M 3,834.92M 3,654.83M 3,512.11M 3,566.91M 3,522.29M 3,285.87M 3,017.55M 2,886.02M 2,835.71M 2,902.15M 2,784.34M 2,645.72M 2,410.09M 2,423.38M 2,439.37M 2,208.08M 2,116.66M 2,185.54M 1,835.00M 1,795.90M 1,710.10M
Tangible Equity 523.24M 499.13M 450.94M 397.92M 325.08M 398.85M 359.80M 321.23M 271.89M 240.25M 211.86M 189.53M 164.26M 175.77M 170.92M 141.88M 113.76M 99.86M 89.66M 85.37M 63.80M 39.61M 27.78M 51.86M 71.17M 75.95M 70.69M 127.11M 74.20M 79.60M 51.40M 40.20M
Tangible Book Value 523.24M 499.13M 450.94M 397.92M 325.08M 398.85M 359.80M 321.23M 271.89M 240.25M 211.86M 189.53M 164.26M 175.77M 170.92M 141.88M 113.76M 99.86M 89.66M 85.37M 63.80M 39.61M 27.78M 51.86M 71.17M 75.95M 70.69M 127.11M 74.20M 79.60M 51.40M 40.20M
Total Investments 5,777.19M 5,643.71M 5,491.36M 5,168.40M 4,921.81M 4,827.37M 4,529.18M 3,817.05M 3,771.93M 3,674.24M 3,509.94M 3,435.64M 3,343.49M 3,193.24M 3,144.82M 3,052.97M 2,911.17M 2,689.51M 2,611.43M 2,559.29M 2,607.72M 2,521.99M 2,420.45M 2,221.27M 2,192.20M 2,137.98M 1,954.24M 1,924.97M 1,860.70M 1,689.50M 1,658.50M 1,529.40M
Net Debt -141.46M -89.67M -49.88M 35.57M 162.82M 30.81M 90.09M 43.34M 149.40M 126.24M 173.00M 226.57M 259.96M 175.56M 78.98M 78.68M 147.89M 180.15M 195.88M 174.38M 224.72M 362.59M 235.81M 88.08M 41.70M 43.88M 47.61M 8.77M -84.50M 241.10M 110.80M 4.80M

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 2001-12-31 2000-12-31 1999-12-31 1998-12-31 1997-12-31 1996-12-31 1995-12-31
Working Capital -4,530.0M -4,464.5M -3,869.0M -3,498.8M -3,239.6M -2,834.1M -3,022.1M -2,763.6M -2,790.3M -2,744.2M -2,586.6M -2,450.0M -2,371.5M -2,358.6M -2,316.7M -2,346.7M -2,771.4M -2,560.3M -2,405.7M -2,365.3M -2,504.5M -2,547.8M -2,316.7M -2,096.2M -2,105.8M -2,168.2M -1,959.3M -1,815.5M -1,731.4M -1,550.9M -1,467.4M -1,444.3M
Total Capital 1,197.8M 1,112.7M 1,077.8M 1,008.9M 919.8M 1,041.0M 1,083.4M 923.2M 857.8M 842.0M 818.8M 892.8M 816.6M 695.7M 685.5M 693.2M 619.2M 596.1M 599.2M 580.9M 602.5M 707.6M 550.7M 389.4M 344.1M 331.7M 302.2M 288.6M 313.4M 460.5M 319.5M 245.6M
Capital Employed 948.1M 917.2M 874.0M 811.9M 736.0M 801.4M 765.5M 722.8M 658.9M 621.2M 595.0M 668.3M 603.3M 506.1M 509.4M 469.4M 451.8M 431.8M 453.8M 432.2M 369.8M 210.4M 313.6M 297.9M 289.2M 239.5M 230.0M 253.1M 283.5M 240.4M 284.4M 178.9M
Invested Capital 689.9M 717.2M 708.0M 737.3M 790.9M 729.0M 745.0M 658.2M 713.5M 656.9M 673.6M 702.1M 707.8M 588.1M 479.3M 445.5M 486.5M 501.6M 504.1M 475.7M 507.1M 616.5M 472.0M 309.5M 251.1M 235.5M 229.5M 181.2M 80.3M 399.1M 255.6M 138.6M

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 2001-12-31 2000-12-31 1999-12-31 1998-12-31 1997-12-31 1996-12-31 1995-12-31
Net Income 93.28M 78.98M 82.81M 78.00M 81.81M 87.94M 59.50M 64.54M 59.23M 51.49M 47.35M 46.43M 43.25M 45.17M 44.86M 38.83M 33.03M 25.06M 23.07M 36.63M 39.06M 34.41M 30.95M 28.89M 27.60M 22.27M 22.35M 21.85M 14.00M 16.00M 18.80M 10.80M
Depreciation & Amortization 5.49M 5.08M 5.00M 5.35M 5.22M 5.03M 5.35M 5.52M 3.79M 4.01M 3.90M 3.93M 4.31M 4.56M 4.32M 4.22M 4.38M 5.24M 5.11M 5.67M 6.78M 6.82M 5.72M 5.85M 5.08M 7.16M 7.35M 7.65M 5.70M 5.10M 4.90M 4.40M
Deferred Income Tax -3.73M 0.72M -1.73M 0.71M 3.25M 2.33M -2.91M -1.41M -0.25M -3.09M 0.70M 0.12M -1.05M 0.58M 5.44M -0.09M 0.22M 2.92M -5.77M 0.96M 4.19M 0.75M 1.89M 0.56M 2.45M 1.47M 0.55M 0.00M 0.00M 0.00M 0.40M 0.00M
Stock-Based Compensation 1.68M 1.45M 1.35M 1.58M 1.37M 0.85M 0.94M 0.86M 0.71M 0.64M 0.46M 0.78M 0.85M 0.70M 0.59M 0.65M 0.80M 0.56M 0.71M 0.00M 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 6.21M 8.33M 9.76M -5.02M 0.16M 2.71M 3.41M 2.03M -6.80M -2.78M -0.33M -8.76M -1.40M 4.97M 8.92M -1.96M 2.90M -13.38M 2.46M 73.22M 1.30M -10.27M 4.36M -6.24M -2.73M -12.27M 5.10M 7.86M -4.00M -7.60M -1.60M 2.90M
Accounts Receivable -1.36M -2.30M -1.18M -3.98M -4.18M 0.40M -0.98M -0.40M -1.09M -1.42M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable 2.89M 8.09M 0.99M 5.15M 1.22M -0.23M -1.60M -0.06M -0.67M -1.03M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 4.69M 2.53M 9.95M -6.19M 3.12M 2.53M 5.99M 2.50M -5.03M -0.34M -0.33M -8.76M -1.40M 4.97M 8.92M -1.96M 2.90M -13.38M 2.46M 73.22M 1.30M -10.27M 4.36M -6.24M -2.73M -12.27M 5.10M 7.86M -4.00M -7.60M -1.60M 2.90M
Other Non-Cash Items 9.53M 8.19M 7.98M 5.12M 7.88M 16.84M -3.92M 11.92M 8.81M 12.09M 9.35M 12.48M 11.56M 34.73M -6.25M 22.69M 20.04M 17.30M 29.19M -65.47M 4.15M 9.62M 9.64M 8.24M 166.02M 125.43M 37.19M 12.79M 13.90M 91.80M -62.50M 2.30M
Net Cash from Operating Activities 112.46M 102.73M 105.17M 85.73M 99.68M 115.70M 62.38M 83.46M 65.49M 62.35M 61.43M 54.98M 57.53M 90.72M 57.90M 64.33M 61.30M 37.69M 54.76M 51.00M 55.48M 41.33M 52.55M 37.30M 198.43M 144.06M 72.53M 50.15M 29.60M 105.30M -40.00M 20.40M
Capital Expenditures (PPE) -8.66M -6.34M -8.08M -6.32M -6.22M -2.37M -1.48M -2.57M -2.83M -2.40M -3.50M -2.25M -2.08M -2.11M -4.30M -3.12M -2.43M -4.19M -3.31M -2.74M -2.82M -5.29M -7.00M -3.07M -3.54M -6.40M -1.74M -1.78M -6.10M -5.10M -3.10M -4.80M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 2.91M 0.00M 0.00M 0.00M 0.00M -4.31M 0.00M 0.00M -0.58M -11.91M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -136.62M -61.27M -55.37M -19.48M -179.63M -797.45M -857.17M -196.73M -281.51M -231.68M -176.24M -81.46M -217.95M -197.26M -285.80M -313.10M -169.09M -140.48M -58.25M -76.05M -218.45M -108.08M -305.05M -305.90M -327.72M -321.30M -54.67M -56.54M -195.30M -24.70M -51.90M -179.00M
Sales / Maturities of Investments 206.89M 177.65M 167.40M 146.19M 205.31M 306.44M 468.20M 199.99M 263.03M 247.26M 159.54M 123.27M 198.43M 155.35M 209.45M 130.52M 140.23M 152.52M 110.11M 188.04M 195.45M 174.64M 262.99M 380.09M 208.99M 160.05M 104.85M 102.90M 94.00M 112.20M 112.30M 239.80M
Other Investing Activities -472.14M -370.53M -439.63M -346.98M -299.47M 134.76M -303.08M -35.19M -79.27M -199.77M -65.92M -147.91M -122.48M -78.03M 9.69M 13.40M -83.42M -142.14M -132.00M -71.93M -65.83M -134.89M -170.32M -120.56M -94.47M -141.69M -113.18M -132.85M -18.20M -205.90M -130.10M -84.10M
Net Cash from Investing Activities -410.53M -260.49M -335.67M -226.60M -280.01M -358.62M -693.53M -34.49M -100.59M -186.59M -86.11M -108.35M -144.08M -122.05M -70.96M -172.29M -111.80M -134.30M -83.46M 37.32M -91.64M -78.04M -219.38M -49.43M -217.32M -321.26M -64.74M -88.26M -125.60M -123.50M -72.80M -28.10M
Net Debt Issuance -0.38M -0.28M -0.25M 6.35M -0.04M -0.04M -0.04M -1.32M -0.41M -1.54M -100.11M 39.89M 59.88M -0.14M -20.18M 0.37M -0.63M -40.06M 11.39M -40.57M -10.66M 3.94M 146.55M 33.33M -5.40M 19.72M 4.11M -32.39M -67.50M 38.50M 62.80M -28.10M
Long-Term Debt Issuance -0.38M -0.28M -0.25M 6.35M -0.04M -0.04M -0.04M -1.32M -0.41M -1.54M -100.11M 39.89M 59.88M -0.14M -20.18M 0.37M -0.63M -40.06M 19.82M 0.00M 0.00M 0.00M 0.00M -1.10M 8.75M -0.12M -0.11M -0.15M 0.40M 34.30M -8.70M 2.90M
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 -8.43M -40.57M -10.66M 3.94M 146.55M 34.44M -14.15M 19.83M 4.23M -32.24M -67.90M 4.20M 71.50M -31.00M
Net Stock Issuance 1.30M 1.79M 1.77M 1.13M 1.04M 0.97M -0.17M 1.26M 1.23M 1.51M 2.60M 1.89M 1.99M 6.35M 4.40M 1.29M 1.88M 2.29M 0.10M -3.43M 3.18M 3.36M 0.43M -3.29M -5.47M -4.99M -7.12M -0.74M 0.00M 0.20M 0.10M 0.30M
Common Stock Issuance 1.30M 1.79M 1.77M 1.13M 1.04M 0.97M 0.93M 1.26M 1.23M 1.51M 2.99M 2.08M 1.99M 6.35M 4.40M 1.29M 1.88M 2.29M 2.73M 0.00M 3.18M 3.36M 1.83M 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 -1.10M 0.00M 0.00M 0.00M -0.38M -0.19M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -2.63M -6.19M 0.00M 0.00M 0.00M 0.00M 0.00M -6.45M -7.82M 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -34.90M -33.19M -33.41M -32.19M -29.94M -27.92M -27.14M -26.24M -24.40M -22.98M -22.19M -21.33M -20.57M -24.55M -19.22M -18.74M -18.33M -18.12M -17.40M -16.36M -15.66M -14.28M -12.38M -11.06M -9.77M -9.30M -9.10M -10.62M -8.10M -7.30M -6.60M -5.40M
Common Dividends Paid -34.90M -33.19M -33.41M -32.19M -29.94M -27.92M -27.14M -26.24M -24.40M -22.98M -22.19M -21.33M -20.57M -24.55M -19.22M -18.74M -18.33M -18.12M -17.40M -16.36M -15.66M -14.28M -12.38M -11.06M -9.77M -9.30M -9.10M -10.62M -8.10M -7.30M -6.60M -5.40M
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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 598.74M 211.16M 360.49M 308.29M 26.19M 243.44M 732.05M 100.55M 24.85M 177.80M 101.49M 115.02M 44.12M -51.25M 17.15M 204.55M 84.44M 153.75M 38.34M -48.25M 94.62M 36.32M 72.85M -60.10M -28.06M 211.86M 66.58M -43.81M 46.70M -15.70M 13.40M 50.30M
Net Cash from Financing Activities 564.76M 179.47M 328.61M 283.58M -2.75M 216.45M 704.70M 74.27M 1.28M 154.79M -18.21M 135.46M 85.42M -69.59M -17.85M 187.47M 67.35M 97.86M 32.43M -108.60M 71.48M 29.34M 207.45M -41.11M -48.70M 217.28M 54.47M -87.56M -28.90M 15.70M 69.70M 17.10M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 Change in Cash 266.68M 21.68M 98.11M 142.71M -183.07M -26.48M 73.55M 123.23M -33.82M 30.56M -42.90M 82.09M -1.12M -100.92M -30.92M 79.50M 16.85M 1.25M 3.73M -20.29M 35.33M -7.37M 40.62M -53.25M -67.59M 40.08M 62.26M -125.68M -125.00M -2.50M -107.00M -97.60M
Cash at Beginning of Period 1,346.40M 945.62M 271.40M 128.69M 311.76M 338.24M 264.68M 141.45M 175.27M 144.72M 187.61M 105.52M 106.64M 207.56M 238.48M 158.98M 142.13M 140.88M 137.25M 157.54M 122.21M 129.58M 88.96M 142.21M 209.80M 169.72M 107.46M 233.13M 358.10M 63.90M 107.00M 97.60M
Cash at End of Period 1,613.08M 967.30M 369.51M 271.40M 128.69M 311.76M 338.24M 264.68M 141.45M 175.27M 144.72M 187.61M 105.52M 106.64M 207.56M 238.48M 158.98M 142.13M 140.98M 137.25M 157.54M 122.21M 129.58M 88.96M 142.21M 209.80M 169.72M 107.46M 233.10M 61.40M 176.70M 114.70M
Operating Cash Flow 112.46M 102.73M 105.17M 85.73M 99.68M 115.70M 62.38M 83.46M 65.49M 62.35M 61.43M 54.98M 57.53M 90.72M 57.90M 64.33M 61.30M 37.69M 54.76M 51.00M 55.48M 41.33M 52.55M 37.30M 198.43M 144.06M 72.53M 50.15M 29.60M 105.30M -40.00M 20.40M
Capital Expenditure -8.66M -6.34M -8.08M -6.32M -6.22M -2.37M -1.48M -2.57M -2.83M -2.40M -3.50M -2.25M -2.08M -2.11M -4.30M -3.12M -2.43M -4.19M -3.31M -2.74M -2.82M -5.29M -7.00M -3.07M -3.54M -6.40M -1.74M -1.78M -6.10M -5.10M -3.10M -4.80M
Free Cash Flow 103.80M 96.40M 97.09M 79.41M 93.47M 113.32M 60.90M 80.89M 62.66M 59.95M 57.93M 52.73M 55.45M 88.61M 53.60M 61.21M 58.65M 33.50M 51.59M 48.26M 52.66M 36.04M 45.55M 34.24M 194.89M 137.65M 70.79M 48.37M 23.50M 100.20M -43.10M 15.60M

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 2001-12-31 2000-12-31 1999-12-31 1998-12-31 1997-12-31 1996-12-31 1995-12-31
EBITDA 177.23M 150.99M 157.47M 149.90M 150.39M 156.54M 124.39M 121.77M 119.32M 112.51M 109.52M 108.22M 105.52M 117.39M 112.13M 107.76M 89.51M 79.28M 85.39M 99.47M 98.65M 92.68M 84.70M 82.92M 77.54M 73.77M 72.20M 72.90M 57.10M 60.30M 59.20M 51.00M
(-) Tax Adjustment 40.68M 32.46M 35.24M 31.27M 28.62M 32.12M 19.05M 12.60M 19.14M 27.95M 31.50M 30.87M 32.38M 36.03M 34.84M 32.56M 27.45M 23.57M 22.68M 30.79M 29.36M 28.66M 24.97M 24.38M 23.71M 23.63M 22.74M 22.04M 12.44M 19.93M 18.43M 15.23M
(-) Change In Working Capital 6.21M 8.33M 9.76M -5.02M 0.16M 2.71M 3.41M 2.03M -6.80M -2.78M -0.33M -8.76M -1.40M 4.97M 8.92M -1.96M 2.90M -13.38M 2.46M 73.22M 1.30M -10.27M 4.36M -6.24M -2.73M -12.27M 5.10M 7.86M -4.00M -7.60M -1.60M 2.90M
(-) Capital Expenditure -8.66M -6.34M -8.08M -6.32M -6.22M -2.37M -1.48M -2.57M -2.83M -2.40M -3.50M -2.25M -2.08M -2.11M -4.30M -3.12M -2.43M -4.19M -3.31M -2.74M -2.82M -5.29M -7.00M -3.07M -3.54M -6.40M -1.74M -1.78M -6.10M -5.10M -3.10M -4.80M
Unlevered Free Cash Flow 121.68M 103.86M 104.40M 117.33M 115.39M 119.34M 100.44M 104.56M 104.15M 84.94M 74.85M 83.87M 72.46M 74.29M 64.06M 74.04M 56.73M 64.90M 56.93M -7.28M 65.18M 68.99M 48.37M 61.72M 53.01M 56.01M 42.63M 41.23M 42.56M 42.87M 39.27M 28.07M
(-) Net Interest Income After Taxes 162.10M 140.86M 144.38M 136.99M 136.92M 129.62M 127.87M 129.89M 119.36M 103.27M 94.76M 94.52M 91.55M 93.35M 91.07M 91.74M 82.68M 74.14M 76.10M 73.21M 75.58M 71.29M 65.74M 59.74M 61.96M 56.49M 57.71M 58.45M 59.91M 51.21M 51.92M 46.29M
Net Debt Issuance -0.38M -0.28M -0.25M 6.35M -0.04M -0.04M -0.04M -1.32M -0.41M -1.54M -100.11M 39.89M 59.88M -0.14M -20.18M 0.37M -0.63M -40.06M 11.39M -40.57M -10.66M 3.94M 146.55M 33.33M -5.40M 19.72M 4.11M -32.39M -67.50M 38.50M 62.80M -28.10M
Levered Free Cash Flow -40.80M -37.28M -40.22M -13.32M -21.57M -10.32M -27.46M -26.64M -15.61M -19.87M -120.02M 29.23M 40.80M -19.21M -47.19M -17.32M -26.58M -49.30M -7.78M -121.06M -21.07M 1.64M 129.19M 35.31M -14.35M 19.23M -10.96M -49.61M -84.85M 30.15M 50.14M -46.32M