Loading...
Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Page: Company Financials

Deutsche Bank AG

Ticker: DB | Industry: Banks - Regional | Sector: Financial Services
$39.54 -0.07 (-0.18%)
As of: 2026-01-28

Master Data Export


Enterprise Value

Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Stock Price 23.43 15.53 10.43 9.52 10.81 7.59 7.06 9.25 15.59 14.02 26.44 27.65 32.84 32.65 34.40 43.62 40.82 46.98 85.03 82.90 63.60 56.13 46.44 50.97 71.41
Market Capitalization 45,941.46M 30,792.73M 21,530.05M 19,727.06M 22,649.67M 16,016.66M 14,838.71M 19,392.00M 30,558.31M 22,868.70M 41,109.41M 38,146.90M 38,526.89M 35,827.70M 37,570.93M 35,739.32M 33,166.07M 29,584.97M 51,800.02M 48,901.49M 37,870.25M 35,653.51M 33,122.72M 40,269.51M 62,652.35M
(-) Cash & Equivalents 151,459.00M 151,672.00M 174,559.00M 185,102.75M 200,557.50M 168,575.25M 173,790.50M 216,193.00M 219,147.00M 142,291.25M 98,667.75M 94,734.50M 119,153.25M 153,985.75M 132,559.50M 85,555.25M 60,906.50M 45,547.45M 30,162.80M 24,855.68M 24,337.26M 27,684.12M 25,289.63M 44,075.45M 127,861.21M
(+) Total Debt 133,729.50M 129,075.25M 132,841.25M 148,914.00M 153,466.00M 151,229.25M 157,759.75M 177,076.25M 188,576.00M 193,088.00M 199,732.50M 194,913.00M 211,915.75M 228,436.75M 228,185.50M 209,870.00M 180,561.50M 188,022.97M 215,132.69M 148,613.16M 142,489.11M 120,071.62M 126,000.89M 167,363.48M 214,089.51M
Enterprise Value 28,211.96M 8,195.98M -20,187.70M -16,461.69M -24,441.83M -1,329.34M -1,192.04M -19,724.75M -12.69M 73,665.45M 142,174.16M 138,325.40M 131,289.39M 110,278.70M 133,196.93M 160,054.07M 152,821.07M 172,060.49M 236,769.91M 172,658.98M 156,022.10M 128,041.01M 133,833.98M 163,557.54M 148,880.64M

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
Revenue 61,738M 66,765M 66,340M 59,348M 37,305M 30,748M 30,249M 34,508M 36,072M 36,966M 40,010M 43,476M 42,068M 42,335M 49,160M 50,380M 43,767M 42,155M 54,556M 85,154M 79,067M 60,206M 44,351M 42,928M 55,191M 74,770M 82,811M
Cost of Revenue 31,888M 39,172M 38,122M 31,978M 11,875M 5,960M 8,073M 12,181M 11,927M 11,698M 11,835M 11,072M 11,888M 12,859M 17,347M 18,767M 14,488M 17,189M 43,223M 56,442M 51,565M 36,081M 23,213M 22,809M 30,713M 46,123M 48,715M
Gross Profit 29,850M 27,593M 28,218M 27,370M 25,430M 24,788M 22,176M 22,327M 24,145M 25,268M 28,175M 32,404M 30,180M 29,476M 31,813M 31,613M 29,279M 24,966M 11,333M 28,712M 27,502M 24,125M 21,138M 20,120M 24,478M 28,647M 34,096M
Gross Profit Margin 48.3% 41.3% 42.5% 46.1% 68.2% 80.6% 73.3% 64.7% 66.9% 68.4% 70.4% 74.5% 71.7% 69.6% 64.7% 62.7% 66.9% 59.2% 20.8% 33.7% 34.8% 40.1% 47.7% 46.9% 44.4% 38.3% 41.2%
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
SG&A Expenses 16,875M 18,803M 18,380M 18,029M 16,979M 17,570M 17,239M 19,465M 19,991M 20,626M 21,028M 22,734M 21,849M 21,070M 22,420M 21,651M 19,965M 17,698M 15,347M 18,749M 17,233M 10,993M 10,222M 10,586M 12,127M 16,391M 17,578M
Operating Expenses 21,565M 22,186M 22,927M 21,692M 19,836M 21,398M 21,155M 24,961M 22,815M 24,040M 28,985M 38,501M 27,064M 28,019M 30,999M 26,223M 25,304M 19,764M 17,074M 19,963M 19,163M 18,013M 17,109M 17,369M 20,926M 26,841M 27,207M
Operating Income (EBIT) 8,285M 5,407M 5,291M 5,678M 5,594M 3,390M 1,021M -2,634M 1,330M 1,228M -810M -6,097M 3,116M 1,457M 814M 5,390M 3,975M 5,202M -5,741M 8,749M 8,339M 6,112M 4,029M 2,751M 3,552M 1,806M 6,889M
Operating Income Margin 13.4% 8.1% 8.0% 9.6% 15.0% 11.0% 3.4% -7.6% 3.7% 3.3% -2.0% -14.0% 7.4% 3.4% 1.7% 10.7% 9.1% 12.3% -10.5% 10.3% 10.5% 10.2% 9.1% 6.4% 6.4% 2.4% 8.3%
Interest Income 45,237M 49,904M 49,356M 44,075M 24,299M 16,599M 17,807M 25,207M 24,718M 23,454M 24,938M 25,665M 24,905M 25,519M 31,453M 34,217M 28,642M 26,862M 54,237M 64,475M 58,068M 41,444M 27,723M 27,535M 35,813M 53,732M 55,283M
Interest Expense 30,157M 37,275M 36,292M 30,473M 10,649M 5,445M 6,281M 11,458M 11,402M 11,165M 10,437M 10,085M 10,729M 10,767M 15,618M 16,921M 13,196M 14,494M 42,096M 55,826M 51,267M 35,707M 22,841M 21,698M 28,621M 45,097M 48,236M
Net Interest Income 15,080M 12,629M 13,064M 13,602M 13,650M 11,154M 11,526M 13,749M 13,316M 12,289M 14,501M 15,580M 14,176M 14,752M 15,835M 17,296M 15,446M 12,368M 12,141M 8,649M 6,801M 5,737M 4,882M 5,837M 7,192M 8,635M 7,048M
Unusual Items -15,080M -12,629M -13,064M -13,602M -13,650M -11,154M -11,526M -13,749M -13,316M -12,289M -14,501M -15,580M -14,176M -14,752M -15,835M -17,296M -15,446M -12,368M -12,141M -8,649M -6,801M -5,737M -4,882M -5,837M -7,192M -8,635M -7,048M
EBT Excluding Unusual Items 23,365M 18,036M 18,355M 19,280M 19,244M 14,544M 12,547M 11,115M 14,646M 13,517M 13,691M 9,483M 17,292M 16,209M 16,649M 22,686M 19,421M 17,570M 6,400M 17,398M 15,140M 11,849M 8,911M 8,588M 10,744M 10,441M 13,936M
Pre-Tax Income 8,285M 5,407M 5,291M 5,678M 5,594M 3,390M 1,021M -2,634M 1,330M 1,228M -810M -6,097M 3,116M 1,457M 814M 5,390M 3,975M 5,202M -5,741M 8,749M 8,339M 6,112M 4,029M 2,751M 3,552M 1,806M 6,889M
Pre-Tax Margin 13.4% 8.1% 8.0% 9.6% 15.0% 11.0% 3.4% -7.6% 3.7% 3.3% -2.0% -14.0% 7.4% 3.4% 1.7% 10.7% 9.1% 12.3% -10.5% 10.3% 10.5% 10.2% 9.1% 6.4% 6.4% 2.4% 8.3%
Income Tax Expense 2,385M 809M 1,786M 787M -64M 880M 397M 2,630M 989M 1,963M 546M 675M 1,425M 775M 498M 1,064M 1,645M 244M -1,845M 2,239M 2,260M 2,583M 1,557M 1,540M 3,191M 1,432M -6,662M
Net Income 5,731M 4,462M 3,366M 4,772M 5,525M 2,365M 495M -5,390M 267M -751M -1,402M -6,794M 1,663M 666M 263M 4,132M 2,310M 4,973M -3,835M 6,474M 6,070M 3,529M 2,472M 1,363M 396M 167M 13,551M
Net Income Margin 9.3% 6.7% 5.1% 8.0% 14.8% 7.7% 1.6% -15.6% 0.7% -2.0% -3.5% -15.6% 4.0% 1.6% 0.5% 8.2% 5.3% 11.8% -7.0% 7.6% 7.7% 5.9% 5.6% 3.2% 0.7% 0.2% 16.4%
Depreciation & Amortization 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 3,697M 4,255M 1,782M 3,054M 1,734M 1,557M 1,472M 1,775M 3,067M 2,847M 4,895M 3,329M
EBITDA 8,285M 5,407M 5,291M 5,678M 5,594M 3,390M 1,021M -2,634M 1,330M 1,228M -810M -6,097M 3,116M 1,457M 814M 9,087M 8,230M 6,984M -2,687M 10,483M 9,896M 7,584M 5,804M 5,818M 6,399M 6,701M 10,218M
EBITDA Margin 13.4% 8.1% 8.0% 9.6% 15.0% 11.0% 3.4% -7.6% 3.7% 3.3% -2.0% -14.0% 7.4% 3.4% 1.7% 18.0% 18.8% 16.6% -4.9% 12.3% 12.5% 12.6% 13.1% 13.6% 11.6% 9.0% 12.3%
NOPAT 5,900M 4,598M 3,505M 4,891M 5,658M 2,510M 624M -2,081M 341M -735M -640M -4,817M 1,691M 682M 316M 4,326M 2,330M 4,958M -4,535M 6,510M 6,079M 3,529M 2,472M 1,212M 360M 374M 13,551M
NOPAT Margin 9.6% 6.9% 5.3% 8.2% 15.2% 8.2% 2.1% -6.0% 0.9% -2.0% -1.6% -11.1% 4.0% 1.6% 0.6% 8.6% 5.3% 11.8% -8.3% 7.6% 7.7% 5.9% 5.6% 2.8% 0.7% 0.5% 16.4%
Owner's Earnings 5,731M 4,462M 2,838M 4,350M 5,188M 1,815M -17M -5,717M -198M -1,236M -2,127M -7,226M 994M 153M -351M 7,035M 5,692M 6,163M -1,720M 7,533M 7,021M 4,300M 3,455M 3,440M 1,547M 1,367M 14,710M
Owner's Earnings Margin 9.3% 6.7% 4.3% 7.3% 13.9% 5.9% -0.1% -16.6% -0.5% -3.3% -5.3% -16.6% 2.4% 0.4% -0.7% 14.0% 13.0% 14.6% -3.2% 8.8% 8.9% 7.1% 7.8% 8.0% 2.8% 1.8% 17.8%
EPS (Basic) 2.81 1.99 1.40 2.07 2.42 0.95 0.07 -2.49 0.13 -0.38 -0.90 -3.90 1.20 0.57 0.24 3.79 2.61 6.14 -5.85 10.60 10.07 5.92 3.90 1.90 0.50 0.21 17.08
EPS (Diluted) 2.86 2.18 1.65 2.27 2.60 1.10 0.23 -2.55 0.13 -0.38 -0.90 -3.90 1.17 0.55 0.23 3.67 2.49 5.91 -5.84 10.14 9.05 5.39 3.61 1.80 0.49 0.21 16.86
Shares (Basic) 1,955M 2,010M 1,994M 2,064M 2,085M 2,097M 2,108M 2,110M 2,102M 1,968M 1,555M 1,742M 1,391M 1,171M 1,097M 1,090M 885M 810M 656M 610M 603M 596M 634M 718M 797M 798M 793M
Shares (Diluted) 2,001M 2,044M 2,039M 2,104M 2,126M 2,143M 2,170M 2,110M 2,102M 1,968M 1,555M 1,742M 1,422M 1,202M 1,126M 1,125M 929M 842M 656M 639M 671M 655M 685M 758M 810M 798M 804M

Geographic Segments

Metric TTM TTM-1 2024-12-31
Americas 0.00M 0.00M 5,996.00M
Germany 0.00M 0.00M 12,127.00M
Rest of Europe 0.00M 0.00M 3,975.00M
UK 0.00M 0.00M 4,525.00M

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
Cash & Cash Equivalents 148,007.00M 143,890.00M 153,654.00M 184,556.00M 186,091.00M 199,363.00M 175,338.00M 147,228.00M 197,612.00M 234,920.00M 192,970.00M 109,782.00M 83,573.00M 95,139.00M 147,433.00M 177,928.00M 109,534.00M 56,579.00M 74,565.00M 30,247.00M 26,479.00M 18,519.94M 25,649.13M 21,248.24M 34,700.50M 48,458.50M 55,387.77M
Short-Term Investments 42,064.00M 41,586.00M 34,236.00M 28,874.00M 25,450.00M 23,377.00M 49,656.00M 39,214.00M 44,993.00M 46,075.00M 52,665.00M 69,507.00M 60,415.00M 45,318.00M 45,460.00M 41,249.00M 49,642.00M 17,119.00M 22,713.00M 38,659.00M 22,054.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 190,071.00M 185,476.00M 187,890.00M 213,430.00M 211,541.00M 222,740.00M 224,994.00M 186,442.00M 242,605.00M 280,995.00M 245,635.00M 179,289.00M 143,988.00M 140,457.00M 192,893.00M 219,177.00M 159,176.00M 73,698.00M 97,278.00M 68,906.00M 48,533.00M 18,519.94M 25,649.13M 21,248.24M 34,700.50M 48,458.50M 55,387.77M
Net Receivables 1,444.00M 1,735.00M 67,066.00M 78,237.00M 76,422.00M 74,793.00M 77,206.00M 66,941.00M 70,181.00M 86,604.00M 109,092.00M 9,046.00M 120,829.00M 90,172.00M 103,922.00M 129,957.00M 111,934.00M 101,046.00M 114,927.00M 164,480.00M 77,399.00M 62,889.00M 0.00M 3,605.69M 4,211.17M 5,917.39M 9,171.67M
Inventory 0.00M 0.00M 0.00M -476,289.00M -513,021.00M -451,948.00M 0.00M -406,663.00M 0.00M 85,773.00M 561.00M 90,388.00M 0.00M 0.00M 0.00M 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 398,052.00M 444,408.00M 451,948.00M -70,042.00M 1,263,543.00M 812,439.00M 862,364.00M 996,385.00M 1,061,213.00M 1,160,434.00M 1,100,632.00M 1,403,455.00M 1,513,121.00M 1,298,539.00M 1,063,233.00M 1,725,428.00M 1,265,485.00M 535,804.00M 325,927.58M 342,362.45M 321,713.96M 344,870.31M 846,659.39M 847,092.24M
Total Current Assets 191,515.00M 187,211.00M 254,956.00M 213,430.00M 219,350.00M 297,533.00M 232,158.00M 1,110,263.00M 1,125,225.00M 1,315,736.00M 1,351,673.00M 1,339,936.00M 1,425,251.00M 1,331,261.00M 1,700,270.00M 1,862,255.00M 1,569,649.00M 1,237,977.00M 1,937,633.00M 1,498,871.00M 661,736.00M 407,336.52M 368,011.59M 346,567.89M 383,781.98M 901,035.28M 911,651.68M
Property, Plant & Equipment 6,005.00M 6,039.00M 6,193.00M 6,184.00M 6,103.00M 5,535.00M 5,549.00M 4,929.00M 2,422.00M 2,663.00M 2,804.00M 2,846.00M 2,908.00M 4,420.00M 4,963.00M 5,509.00M 5,802.00M 2,777.00M 3,712.00M 2,409.00M 4,149.00M 5,075.15M 5,221.30M 5,775.77M 8,890.26M 9,822.97M 10,413.16M
Goodwill 0.00M 0.00M 2,962.00M 2,848.00M 2,919.00M 2,805.00M 2,739.00M 2,881.00M 3,876.00M 3,781.00M 4,103.00M 4,890.00M 9,518.00M 9,074.00M 9,297.00M 10,973.00M 10,762.00M 7,420.00M 7,533.00M 7,232.00M 7,144.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 7,501.00M 7,413.00M 4,787.00M 4,479.00M 4,173.00M 4,019.00M 3,986.00M 4,148.00M 5,265.00M 5,058.00M 4,879.00M 5,188.00M 5,433.00M 4,858.00M 4,922.00M 4,829.00M 4,832.00M 2,749.00M 2,344.00M 2,151.00M 1,267.00M 62,889.00M 0.00M 3,605.69M 4,211.17M 5,917.39M 9,171.67M
Long-Term Investments 813,728.00M 841,553.00M 192,984.00M 177,054.00M 830,672.00M 142,248.00M 173,637.00M 175,453.00M 211,349.00M 329,370.00M 227,087.00M 379,884.00M 265,593.00M 261,787.00M 292,877.00M 280,537.00M 314,585.00M 249,741.00M 251,201.00M 509,686.00M 451,934.00M 570,759.47M 458,772.78M 442,024.59M 356,571.83M 406,342.92M 451,825.61M
Tax Assets 6,729.00M 6,847.00M 0.00M 0.00M 7,272.00M 6,218.00M 6,058.00M 5,986.00M 7,230.00M 6,799.00M 17,152.00M 16,960.00M -1,638,883.00M -1,537,007.00M 19,182.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -8,237.09M -7,441.72M -7,843.43M -9,791.77M -415,304.98M -461,330.55M
Other Non-Current Assets 365,768.00M 348,767.00M 1,242,569.00M 561,888.00M -622,456.00M -6,218.00M 61,527.00M -5,986.00M -7,230.00M -103,286.00M -17,152.00M -120,574.00M 1,638,883.00M 1,537,007.00M -19,182.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 8,237.09M 7,441.72M 7,843.43M 9,791.77M 8,962.06M 9,504.93M
Other Assets 0.00M 0.00M -317,274.00M 346,448.00M 888,755.00M 871,853.00M 839,307.00M 1,964.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 1,199,731.00M 1,210,619.00M 1,132,221.00M 1,098,901.00M 1,117,438.00M 1,026,460.00M 1,092,803.00M 189,375.00M 222,912.00M 244,385.00M 238,873.00M 289,194.00M 283,452.00M 280,139.00M 312,059.00M 301,848.00M 335,981.00M 262,687.00M 264,790.00M 521,478.00M 464,494.00M 638,723.62M 463,994.08M 451,406.06M 369,673.26M 15,740.36M 19,584.83M
Total Assets 1,391,246.00M 1,397,830.00M 1,387,177.00M 1,312,331.00M 1,336,788.00M 1,323,993.00M 1,324,961.00M 1,299,638.00M 1,348,137.00M 1,560,121.00M 1,590,546.00M 1,629,130.00M 1,708,703.00M 1,611,400.00M 2,012,329.00M 2,164,103.00M 1,905,630.00M 1,500,664.00M 2,202,423.00M 2,020,349.00M 1,126,230.00M 1,046,060.13M 832,005.67M 797,973.95M 753,455.25M 916,775.63M 931,236.51M
Accounts Payable 0.00M 0.00M 68,868.00M 86,324.00M 85,537.00M 71,790.00M 81,550.00M 73,707.00M 93,194.00M 109,365.00M 124,731.00M 137,244.00M 146,163.00M 122,665.00M 131,048.00M 143,398.00M 120,102.00M 114,510.00M 116,579.00M 135,194.00M 113,737.00M 47,212.00M 0.00M 3,786.73M 4,671.46M 7,435.79M 10,531.34M
Short-Term Debt 18,057.00M 22,461.00M 9,894.00M 9,620.00M 5,122.00M 4,034.00M 3,552.00M 5,218.00M 14,158.00M 18,411.00M 17,295.00M 28,010.00M 42,931.00M 59,767.00M 69,060.00M 65,356.00M 64,990.00M 42,897.00M 39,115.00M 53,410.00M 48,433.00M 20,549.00M 20,103.26M 22,251.10M 11,583.35M 36,231.49M 97,055.31M
Tax Payables 932.00M 950.00M 720.00M 631.00M 388.00M 600.00M 574.00M 651.00M 944.00M 1,001.00M 1,329.00M 2,445.00M 1,608.00M 1,600.00M 1,589.00M 2,524.00M 2,736.00M 2,141.00M 2,354.00M 4,515.00M 7,031.00M 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 944.00M 1,001.00M 1,329.00M 1,699.00M 1,608.00M 1,600.00M 1,589.00M 2,524.00M 2,736.00M 2,141.00M 2,354.00M 4,515.00M 7,031.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 820,868.00M 802,140.00M 782,617.00M 0.00M -388.00M -600.00M -573.00M -651.00M -108,296.00M -128,777.00M -143,355.00M -166,953.00M -190,702.00M -184,032.00M -201,697.00M -211,278.00M -187,828.00M -159,548.00M -158,048.00M -192,825.00M -175,935.00M -84,560.00M -20,103.26M -26,037.83M -16,254.81M -43,667.28M -107,586.65M
Total Current Liabilities 839,857.00M 825,551.00M 862,099.00M 96,575.00M 90,659.00M 75,824.00M 85,103.00M 78,925.00M 944.00M 1,001.00M 1,329.00M 2,445.00M 1,608.00M 1,600.00M 1,589.00M 2,524.00M 2,736.00M 2,141.00M 2,354.00M 4,809.00M 297.00M -16,799.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Debt 113,773.00M 113,530.00M 137,108.00M 130,104.00M 136,787.00M 148,190.00M 93,075.00M 141,235.00M 109,275.00M 119,076.00M 178,830.00M 168,805.00M 154,855.00M 142,617.00M 170,753.00M 178,497.00M 185,512.00M 147,624.00M 154,647.00M 179,556.00M 143,821.00M 113,554.00M 106,790.98M 97,309.96M 104,148.19M 171,281.64M 154,912.22M
Capital Lease Obligations 0.00M 0.00M 4,488.00M 4,493.00M 4,470.00M 3,965.00M 3,974.00M 3,281.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 604.00M 590.00M 590.00M 517.00M 650.00M 501.00M 0.00M 545.00M 512.00M 346.00M 486.00M 746.00M 1,175.00M 1,101.00M 1,455.00M 1,789.00M 2,307.00M 2,157.00M 3,784.00M 2,124.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 359,066.00M 381,257.00M 303,460.00M 549,137.00M 309,875.00M 0.00M 1,169,701.00M 0.00M -109,787.00M -119,422.00M -178,830.00M -168,805.00M -154,855.00M -143,718.00M -170,753.00M -180,286.00M -187,819.00M -149,781.00M -158,431.00M -181,680.00M -143,821.00M -113,554.00M -106,790.98M -97,309.96M -104,148.19M -171,281.64M -154,912.22M
Total Non-Current Liabilities 473,443.00M 495,377.00M 445,646.00M 684,251.00M 451,782.00M 152,656.00M 1,266,750.00M 145,061.00M 0.00M 0.00M 486.00M 746.00M 1,175.00M 0.00M 1,455.00M 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 Liabilities 1,313,300.00M 1,320,928.00M 1,307,745.00M 780,826.00M 542,441.00M 228,480.00M 1,351,853.00M 223,986.00M 944.00M 1,001.00M 1,815.00M 3,191.00M 2,783.00M 1,600.00M 3,044.00M 2,524.00M 2,736.00M 2,141.00M 2,354.00M 4,809.00M 297.00M -16,799.00M 0.00M 0.00M 0.00M 0.00M 0.00M
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
Common Stock 4,988.00M 4,988.00M 5,106.00M 5,223.00M 5,291.00M 5,291.00M 5,291.00M 5,291.00M 5,291.00M 5,291.00M 3,531.00M 3,531.00M 3,531.00M 2,610.00M 2,380.00M 2,380.00M 2,380.00M 1,589.00M 1,461.00M 1,358.00M 1,343.00M 1,419.29M 1,391.26M 1,487.22M 1,593.37M 1,593.70M 1,582.20M
Retained Earnings 26,588.00M 24,897.00M 23,368.00M 21,316.00M 17,800.00M 12,607.00M 10,014.00M 9,644.00M 16,714.00M 17,454.00M 18,987.00M 21,182.00M 29,279.00M 28,376.00M 29,198.00M 30,119.00M 25,999.00M 24,056.00M 20,074.00M 25,116.00M 25,069.00M 22,610.62M 19,799.33M 20,450.24M 22,106.05M 22,658.03M 23,395.53M
Accumulated OCI -4,074.00M -3,702.00M -1,229.00M -1,760.00M -1,314.00M -444.00M -1,118.00M 421.00M 253.00M 520.00M 3,550.00M 4,404.00M 1,923.00M -2,457.00M -1,293.00M -1,981.00M -2,601.00M -3,780.00M -4,851.00M 1,133.00M -2,193.00M -2,414.73M -4,872.38M -3,943.15M -2,928.48M 5,217.19M 8,039.85M
Minority Interest 1,500.00M 1,457.00M 1,606.00M 1,763.00M 1,791.00M 1,698.00M 1,587.00M 1,638.00M 1,568.00M 250.00M 316.00M 270.00M 253.00M 247.00M 407.00M 1,270.00M 1,549.00M 1,322.00M 1,211.00M 1,422.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 27,502.00M 26,183.00M 27,245.00M 24,779.00M 21,777.00M 17,454.00M 14,187.00M 15,356.00M 22,258.00M 23,265.00M 26,068.00M 29,117.00M 34,733.00M 28,529.00M 30,285.00M 30,518.00M 25,778.00M 21,865.00M 16,684.00M 27,607.00M 24,219.00M 21,615.18M 16,318.22M 17,994.31M 20,770.93M 29,468.92M 33,017.59M
Total Equity 29,002.00M 27,640.00M 28,851.00M 26,542.00M 23,568.00M 19,152.00M 15,774.00M 16,994.00M 23,826.00M 23,515.00M 26,384.00M 29,387.00M 34,986.00M 28,776.00M 30,692.00M 31,788.00M 27,327.00M 23,187.00M 17,895.00M 29,029.00M 24,219.00M 21,615.18M 16,318.22M 17,994.31M 20,770.93M 29,468.92M 33,017.59M
Total Liabilities & Equity 1,342,302.00M 1,348,568.00M 1,336,596.00M 807,368.00M 566,009.00M 247,632.00M 1,367,627.00M 240,980.00M 24,770.00M 24,516.00M 28,199.00M 32,578.00M 37,769.00M 30,376.00M 33,736.00M 34,312.00M 30,063.00M 25,328.00M 20,249.00M 33,838.00M 24,516.00M 4,816.18M 16,318.22M 17,994.31M 20,770.93M 29,468.92M 33,017.59M
Tangible Assets 1,383,745.00M 1,390,417.00M 1,379,428.00M 1,305,004.00M 1,329,696.00M 1,317,169.00M 1,318,236.00M 1,292,609.00M 1,338,996.00M 1,551,282.00M 1,581,564.00M 1,619,052.00M 1,693,752.00M 1,597,468.00M 1,998,110.00M 2,148,301.00M 1,890,036.00M 1,490,495.00M 2,192,546.00M 2,010,966.00M 1,117,819.00M 983,171.13M 832,005.67M 794,368.26M 749,244.07M 910,858.25M 922,064.84M
Tangible Equity 21,501.00M 20,227.00M 21,102.00M 19,215.00M 16,476.00M 12,328.00M 9,049.00M 9,965.00M 14,685.00M 14,676.00M 17,402.00M 19,309.00M 20,035.00M 14,844.00M 16,473.00M 15,986.00M 11,733.00M 13,018.00M 8,018.00M 19,646.00M 15,808.00M -41,273.82M 16,318.22M 14,388.62M 16,559.76M 23,551.53M 23,845.92M
Tangible Book Value 21,501.00M 20,227.00M 21,102.00M 19,215.00M 16,476.00M 12,328.00M 9,049.00M 9,965.00M 14,685.00M 14,676.00M 17,402.00M 19,309.00M 20,035.00M 14,844.00M 16,473.00M 15,986.00M 11,733.00M 13,018.00M 8,018.00M 19,646.00M 15,808.00M -41,273.82M 16,318.22M 14,388.62M 16,559.76M 23,551.53M 23,845.92M
Total Investments 855,792.00M 883,139.00M 227,220.00M 205,950.00M 856,122.00M 165,625.00M 223,293.00M 214,667.00M 256,342.00M 278,960.00M 279,752.00M 453,467.00M 326,008.00M 307,105.00M 338,337.00M 321,786.00M 364,227.00M 266,860.00M 273,914.00M 548,345.00M 473,988.00M 570,759.47M 458,772.78M 442,024.59M 356,571.83M 406,342.92M 451,825.61M
Net Debt -16,177.00M -7,899.00M -6,652.00M -44,832.00M -44,182.00M -47,139.00M -78,711.00M -775.00M -74,179.00M -97,433.00M 3,155.00M 87,033.00M 114,213.00M 107,245.00M 92,380.00M 65,925.00M 140,968.00M 133,942.00M 119,197.00M 202,719.00M 165,775.00M 115,583.06M 101,245.10M 98,312.82M 81,031.04M 159,054.62M 196,579.75M

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
Working Capital -647,410.0M -637,390.0M -607,143.0M 116,855.0M 128,691.0M 221,709.0M 147,055.0M 1,031,338.0M 1,017,873.0M 1,102,571.0M 1,209,647.0M 1,174,682.0M 1,236,157.0M 1,148,829.0M 1,499,564.0M 1,653,501.0M 1,384,557.0M 1,080,570.0M 1,781,939.0M 1,310,267.0M 579,776.0M 386,802.9M 347,908.3M 320,530.1M 367,527.2M 857,368.0M 804,065.0M
Total Capital 209,208.0M 212,386.0M 229,316.0M 217,271.0M 216,916.0M 222,522.0M 220,663.0M 202,453.0M 239,018.0M 245,975.0M 260,627.0M 255,380.0M 270,756.0M 257,104.0M 293,816.0M 297,243.0M 299,345.0M 227,168.0M 224,465.0M 270,010.0M 185,096.0M 163,914.3M 152,779.4M 147,714.2M 145,749.1M 247,776.1M 295,772.0M
Capital Employed 552,321.0M 573,229.0M 525,078.0M 1,215,756.0M 1,246,129.0M 1,248,169.0M 1,239,858.0M 1,220,713.0M 1,240,785.0M 1,346,956.0M 1,448,520.0M 1,463,876.0M 1,519,609.0M 1,428,968.0M 1,811,623.0M 1,955,349.0M 1,720,538.0M 1,343,257.0M 2,046,729.0M 1,831,745.0M 1,044,270.0M 970,874.6M 819,344.1M 776,173.9M 742,781.0M 876,153.0M 823,983.1M
Invested Capital 61,201.0M 68,496.0M 75,662.0M 32,715.0M 30,825.0M 23,159.0M 45,325.0M 55,225.0M 41,406.0M 11,055.0M 67,657.0M 145,598.0M 187,183.0M 161,965.0M 146,383.0M 119,315.0M 189,811.0M 170,589.0M 149,900.0M 239,763.0M 158,617.0M 145,394.4M 127,130.3M 126,466.0M 111,048.6M 199,317.6M 240,384.2M

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 2003-12-31 2002-12-31 2001-12-31 2000-12-31
Net Income 6,114.00M 4,462.00M 3,505.00M 4,892.00M 5,659.00M 2,510.00M 624.00M -5,265.00M 341.00M -735.00M -1,356.00M -6,772.00M 1,691.00M 681.00M 316.00M 4,326.00M 2,330.00M 4,958.00M -3,896.00M 6,510.00M 6,079.00M 3,529.00M 2,472.00M 1,362.56M 396.44M 167.46M 13,550.95M
Depreciation & Amortization 0.00M 0.00M 0.00M 0.00M 1,942.00M 0.00M 2,061.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 3,697.00M 4,255.00M 1,782.00M 3,054.38M 1,733.88M 1,557.05M 1,472.48M 1,774.86M 3,066.54M 2,847.47M 4,894.63M 3,329.44M
Deferred Income Tax 0.00M 0.00M 473.00M -553.00M -852.00M 19.00M -296.00M 1,868.00M 276.00M 1,234.00M -312.00M -987.00M 673.00M -179.00M 723.00M -387.00M 315.00M -296.00M -1,525.00M -918.00M 165.00M 964.00M 838.00M 268.38M 2,481.53M -159.60M -8,355.01M
Stock-Based Compensation 490.00M 479.00M 0.00M 0.00M 434.00M 0.00M 367.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 0.00M 0.00M -37,704.00M -3,590.00M -11,557.00M -9,353.00M 26,705.00M -42,031.00M -57,317.00M 36,662.00M 67,748.00M 65,575.00M -5,186.00M 2,701.00M -29,319.00M -610.00M -11,030.00M -22,015.00M 40,200.00M 11,133.00M 4,303.00M -68,619.00M -33,027.00M -14,190.90M -4,971.64M -18,546.76M -41,129.84M
Accounts Receivable 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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
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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 0.00M 0.00M -37,704.00M -3,590.00M -11,557.00M -9,353.00M 26,705.00M -42,031.00M -57,317.00M 36,662.00M 67,748.00M 65,575.00M -5,186.00M 2,701.00M -29,319.00M -610.00M -11,030.00M -22,015.00M 40,200.00M 11,133.00M 4,303.00M -68,619.00M -33,027.00M -14,190.90M -4,971.64M -18,546.76M -41,129.84M
Other Non-Cash Items -6,604.00M -4,941.00M 5,142.00M 4,857.00M 2,261.00M 3,872.00M 1,275.00M 4,979.00M 2,528.00M 2,415.00M 4,530.00M 9,436.00M 4,874.00M 3,981.00M 4,326.00M 776.00M 454.00M 1,785.00M -716.38M -1,668.88M -940.05M -1,306.48M -154.86M 690.01M -1,537.14M 410.23M -824.11M
Net Cash from Operating Activities 0.00M 0.00M -28,584.00M 5,606.00M -2,113.00M -2,952.00M 30,736.00M -40,449.00M -54,172.00M 39,576.00M 70,610.00M 67,252.00M 2,052.00M 7,184.00M -23,954.00M 7,802.00M -3,676.00M -13,786.00M 37,117.00M 16,790.00M 11,164.00M -63,960.00M -28,097.00M -8,803.41M -783.34M -13,234.04M -33,428.58M
Capital Expenditures (PPE) 0.00M 0.00M -528.00M -422.00M -337.00M -550.00M -512.00M -327.00M -465.00M -485.00M -725.00M -432.00M -669.00M -513.00M -614.00M -794.00M -873.00M -592.00M -939.00M -675.00M -606.00M -701.00M -792.00M -989.36M -1,697.24M -3,695.42M -2,169.94M
Acquisitions (Net) 0.00M 0.00M 23.00M -361.00M 439.00M -5.00M 5.00M 1,762.00M 220.00M 82.00M 2,023.00M 555.00M 1,931.00M -128.00M 96.00M 348.00M 8,580.00M -20.00M -24.00M -648.00M -1,120.00M 211.00M -223.00M 0.00M 0.00M 0.00M -1,098.81M
Purchases of Investments 0.00M 0.00M -53,063.00M -43,567.00M -59,858.00M -54,067.00M -86,723.00M -76,719.00M -41,341.00M -13,484.00M -21,720.00M -29,760.00M -34,236.00M -31,609.00M -22,184.00M -20,208.00M -14,232.00M -15,812.00M -38,700.00M -26,495.00M -24,375.00M -51,078.00M -26,401.00M -19,907.13M -40,977.71M -82,626.49M -55,616.69M
Sales / Maturities of Investments 0.00M 0.00M 48,161.00M 43,128.00M 43,644.00M 79,113.00M 86,358.00M 65,890.00M 50,155.00M 17,535.00M 32,934.00M 22,178.00M 20,843.00M 29,694.00M 20,561.00M 32,919.00M 15,083.00M 18,535.00M 38,826.00M 21,980.00M 22,194.00M 16,356.00M 33,952.00M 26,462.64M 38,689.63M 43,950.50M 98,845.14M
Other Investing Activities 0.00M 0.00M -1,374.00M -1,354.00M -1,063.00M -896.00M -1,020.00M -886.00M -935.00M -1,215.00M -1,273.00M -783.00M -693.00M -459.00M -506.00M -350.00M -1,081.00M -1,710.00M 68.00M 1,450.00M 437.00M -14,427.00M -7,264.00M 1,889.00M 27,643.75M 57,806.06M -42,442.67M
Net Cash from Investing Activities 0.00M 0.00M -6,781.00M -2,576.00M -17,175.00M 23,595.00M -1,892.00M -10,280.00M 7,634.00M 2,433.00M 11,239.00M -8,242.00M -12,824.00M -3,015.00M -2,647.00M 11,915.00M 7,477.00M 401.00M -769.00M -4,388.00M -3,470.00M -49,639.00M -728.00M 7,455.15M 23,658.43M 15,434.66M -2,482.97M
Net Debt Issuance 0.00M 0.00M -685.00M -573.00M 3,504.00M 425.00M -138.00M -764.00M -1,103.00M 705.00M -287.00M 899.00M -3,041.00M -1,559.00M -646.00M -639.00M 1,112.00M -991.00M -136.00M -2,380.00M -1,000.00M 5,209.00M 12,089.00M 24,230.62M 20,939.61M -19,562.78M 47,934.59M
Long-Term Debt Issuance 0.00M 0.00M -691.00M -573.00M 2,019.00M 425.00M -138.00M -764.00M -1,103.00M 705.00M -287.00M 899.00M -3,041.00M -1,559.00M -646.00M -639.00M 1,112.00M -991.00M -136.00M -2,380.00M -1,000.00M 4,757.00M 8,690.00M 10,805.95M 13,055.69M 10,090.46M 20,920.01M
Short-Term Debt Issuance 0.00M 0.00M 6.00M 0.00M 1,485.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -756.00M 452.00M 3,399.00M 13,424.67M 7,883.92M -29,653.24M 27,014.58M
Net Stock Issuance 0.00M 0.00M -1,132.00M -1,082.00M -695.00M -815.00M -1,071.00M -1,403.00M -2,936.00M 7,196.00M -1,000.00M -5,187.00M 4,979.00M 1,769.00M -747.00M -1,560.00M 8,252.00M 176.00M 5,313.00M 444.00M -1,117.00M -1,724.00M -3,621.00M -2,070.83M -2,018.39M -690.08M -23.42M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 35.00M 0.00M 1,191.00M 3,912.00M 15,508.00M 4,983.00M 8,316.00M 16,826.00M 15,455.00M 11,437.00M 12,229.00M 23,579.00M 18,111.00M 23,645.00M 40,118.00M 37,060.00M 42,079.00M 30,850.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M -1,126.00M -857.00M -695.00M -346.00M -1,071.00M -1,359.00M -4,119.00M -7,912.00M -5,264.00M -9,177.00M -9,187.00M -13,648.00M -12,171.00M -13,781.00M -15,366.00M -19,238.00M -21,736.00M -41,128.00M -38,830.00M -43,803.00M -34,471.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M -6.00M -225.00M 0.00M -504.00M 0.00M -1,235.00M -2,729.00M -400.00M -719.00M -4,326.00M -2,660.00M -38.00M -13.00M -8.00M 39.00M 1,303.00M 3,404.00M 1,454.00M 653.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid 0.00M 0.00M -883.00M -610.00M -406.00M 0.00M -349.00M -227.00M -227.00M -392.00M 0.00M -1,034.00M -765.00M -764.00M -689.00M -691.00M -465.00M -309.00M -2,274.00M -2,005.00M -1,239.00M -868.00M -828.00M -754.33M -800.49M -802.47M -708.05M
Common Dividends Paid 0.00M 0.00M -883.00M -610.00M -406.00M 0.00M -349.00M -227.00M -227.00M -392.00M 0.00M -1,034.00M -765.00M -764.00M -689.00M -691.00M -465.00M -309.00M -2,274.00M -2,005.00M -1,239.00M -868.00M -828.00M -754.33M -800.49M -802.47M -708.05M
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
Other Financing Activities 0.00M 0.00M 2,054.00M -587.00M -1,789.00M 2,020.00M 1,247.00M -408.00M 932.00M -371.00M -362.00M -261.00M 4,622.00M 10.00M -70.00M -270.00M 193.00M 104.00M 317.00M 572.00M 104.00M 109,487.00M 22,428.00M -21,423.72M -41,770.58M 20,418.07M -17,086.95M
Net Cash from Financing Activities 0.00M 0.00M -646.00M -2,852.00M 614.00M 1,630.00M -311.00M -2,802.00M -3,334.00M 7,138.00M -1,649.00M -5,583.00M 5,795.00M -544.00M -2,152.00M -3,160.00M 9,092.00M -1,020.00M 3,220.00M -3,369.00M -3,252.00M 112,104.00M 30,068.00M -18.26M -23,649.86M -637.26M 30,116.17M
Effect of FX on Cash 0.00M 0.00M 2,910.00M -2,036.00M 4,354.00M 1,345.00M -1,074.00M 1,578.00M 1,668.00M -5,772.00M -28.00M 94.00M 897.00M -907.00M 39.00M -964.00M 1,911.00M 690.00M -402.00M -289.00M -510.00M 487.00M -300.00M -972.69M -634.68M 325.93M 2,717.22M
Net Change in Cash 0.00M 0.00M -33,102.00M -1,858.00M -14,320.00M 23,618.00M 27,459.00M -51,953.00M -48,203.00M 43,376.00M 80,171.00M 53,518.00M -4,081.00M 2,720.00M -28,711.00M 15,593.00M 14,804.00M -13,715.00M 39,166.00M 8,744.00M 3,932.00M -1,008.00M 943.00M -2,338.42M -1,410.40M 1,889.29M -3,078.16M
Cash at Beginning of Period 0.00M 0.00M 163,768.00M 165,626.00M 179,946.00M 156,328.00M 128,869.00M 180,822.00M 229,025.00M 185,649.00M 105,478.00M 51,960.00M 56,041.00M 53,321.00M 82,032.00M 66,353.00M 51,549.00M 65,264.00M 26,098.00M 17,354.00M 13,422.00M 7,579.00M 6,636.00M 8,963.01M 10,396.90M 8,516.99M 11,603.54M
Cash at End of Period 0.00M 0.00M 130,666.00M 163,768.00M 165,626.00M 179,946.00M 156,328.00M 128,869.00M 180,822.00M 229,025.00M 185,649.00M 105,478.00M 51,960.00M 56,041.00M 53,321.00M 81,946.00M 66,353.00M 51,549.00M 65,264.00M 26,098.00M 17,354.00M 6,571.00M 7,579.00M 6,624.59M 8,986.51M 10,406.28M 8,525.37M
Operating Cash Flow 0.00M 0.00M -28,584.00M 5,606.00M -2,113.00M -2,952.00M 30,736.00M -40,449.00M -54,172.00M 39,576.00M 70,610.00M 67,252.00M 2,052.00M 7,184.00M -23,954.00M 7,802.00M -3,676.00M -13,786.00M 37,117.00M 16,790.00M 11,164.00M -63,960.00M -28,097.00M -8,803.41M -783.34M -13,234.04M -33,428.58M
Capital Expenditure 0.00M 0.00M -528.00M -422.00M -337.00M -550.00M -512.00M -327.00M -465.00M -485.00M -725.00M -432.00M -669.00M -513.00M -614.00M -794.00M -873.00M -592.00M -939.00M -675.00M -606.00M -701.00M -792.00M -989.36M -1,697.24M -3,695.42M -2,169.94M
Free Cash Flow 0.00M 0.00M -29,112.00M 5,184.00M -2,450.00M -3,502.00M 30,224.00M -40,776.00M -54,637.00M 39,091.00M 69,885.00M 66,820.00M 1,383.00M 6,671.00M -24,568.00M 7,008.00M -4,549.00M -14,378.00M 36,178.00M 16,115.00M 10,558.00M -64,661.00M -28,889.00M -9,792.77M -2,480.58M -16,929.46M -35,598.52M

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
EBITDA 12,975.00M 8,790.00M 9,838.00M 9,341.00M 8,451.00M 7,218.00M 4,937.00M 2,862.00M 4,154.00M 4,642.00M 7,147.00M 9,670.00M 8,331.00M 8,406.00M 9,393.00M 13,659.00M 13,569.00M 9,050.00M -959.62M 11,696.88M 11,826.05M 14,604.48M 12,690.86M 12,600.46M 15,197.97M 17,150.87M 19,847.82M
(-) Tax Adjustment 3,735.11M 1,315.17M 3,320.86M 1,294.71M 0.00M 1,873.70M 1,727.95M 0.00M 1,453.90M 1,624.70M 0.00M 0.00M 2,915.85M 2,942.10M 3,287.55M 2,696.32M 4,749.15M 424.49M -308.40M 2,993.41M 3,205.05M 5,111.57M 4,441.80M 4,410.16M 5,319.29M 6,002.80M 0.00M
(-) Change In Working Capital 0.00M 0.00M -37,704.00M -3,590.00M -11,557.00M -9,353.00M 26,705.00M -42,031.00M -57,317.00M 36,662.00M 67,748.00M 65,575.00M -5,186.00M 2,701.00M -29,319.00M -610.00M -11,030.00M -22,015.00M 40,200.00M 11,133.00M 4,303.00M -68,619.00M -33,027.00M -14,190.90M -4,971.64M -18,546.76M -41,129.84M
(-) Capital Expenditure 0.00M 0.00M -528.00M -422.00M -337.00M -550.00M -512.00M -327.00M -465.00M -485.00M -725.00M -432.00M -669.00M -513.00M -614.00M -794.00M -873.00M -592.00M -939.00M -675.00M -606.00M -701.00M -792.00M -989.36M -1,697.24M -3,695.42M -2,169.94M
Unlevered Free Cash Flow 9,239.89M 7,474.83M 43,693.14M 11,214.29M 19,671.00M 14,147.30M -24,007.95M 44,566.00M 59,552.10M -34,129.70M -61,326.00M -56,337.00M 9,932.15M 2,249.90M 34,810.45M 10,778.68M 18,976.85M 30,048.51M -41,790.22M -3,104.53M 3,712.01M 77,410.91M 40,484.06M 21,391.84M 13,153.08M 25,999.41M 58,807.72M
(-) Net Interest Income After Taxes 10,738.93M 10,739.44M 8,654.19M 11,716.69M 13,650.00M 8,258.57M 7,491.90M 13,749.00M 8,655.40M 7,987.85M 14,501.00M 15,580.00M 9,214.40M 9,588.80M 10,292.75M 13,881.72M 10,039.90M 11,787.88M 8,239.22M 6,435.59M 4,957.82M 3,729.05M 3,173.30M 3,793.99M 4,674.84M 5,612.75M 7,047.51M
Net Debt Issuance 0.00M 0.00M -685.00M -573.00M 3,504.00M 425.00M -138.00M -764.00M -1,103.00M 705.00M -287.00M 899.00M -3,041.00M -1,559.00M -646.00M -639.00M 1,112.00M -991.00M -136.00M -2,380.00M -1,000.00M 5,209.00M 12,089.00M 24,230.62M 20,939.61M -19,562.78M 47,934.59M
Levered Free Cash Flow -1,499.03M -3,264.61M 34,353.95M -1,075.40M 9,525.00M 6,313.73M -31,637.85M 30,053.00M 49,793.70M -41,412.55M -76,114.00M -71,018.00M -2,323.25M -8,897.90M 23,871.70M -3,742.05M 10,048.95M 17,269.63M -50,165.44M -11,920.12M -2,245.82M 78,890.86M 49,399.76M 41,828.47M 29,417.85M 823.88M 99,694.80M