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Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Page: Company Financials

Equatorial Energia S.A.

Ticker: EQTL3.SA | Industry: Regulated Electric | Sector: Utilities
$41.40 -0.31 (-0.74%)
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 34.97 30.98 31.54 25.96 24.36 21.26 19.20 12.99 11.98 9.73 6.71 4.90 4.10 3.26 2.44 2.66 3.09
Market Capitalization 43,818.20M 38,439.48M 36,227.50M 28,790.29M 24,686.74M 21,601.71M 19,484.22M 13,059.14M 12,027.28M 9,683.54M 6,662.66M 4,888.07M 4,072.26M 2,104.92M 1,333.82M 1,447.26M 1,646.50M
(-) Cash & Equivalents 2,845.44M 2,872.70M 4,938.22M 2,968.31M 3,367.68M 2,351.93M 3,863.86M 4,509.06M 1,735.34M 539.71M 375.82M 386.01M 277.83M 260.99M 317.03M 532.17M 110.13M
(+) Total Debt 57,417.54M 49,931.55M 44,239.33M 34,242.27M 20,577.91M 17,490.03M 16,326.02M 8,722.27M 5,347.39M 3,950.78M 3,887.14M 3,599.52M 3,065.70M 1,580.81M 1,035.57M 1,007.70M 263.91M
Enterprise Value 98,390.30M 85,498.33M 75,528.62M 60,064.25M 41,896.96M 36,739.81M 31,946.38M 17,272.35M 15,639.33M 13,094.62M 10,173.98M 8,101.58M 6,860.13M 3,424.75M 2,052.36M 1,922.80M 1,800.29M

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 48,441M 43,528M 43,169M 40,985M 27,133M 23,611M 17,890M 18,796M 11,030M 8,815M 7,804M 7,089M 6,773M 4,715M 2,884M 1,981M 1,799M 1,619M 2,346M 887M 810M 665M 526M
Cost of Revenue 37,612M 31,838M 33,148M 28,843M 18,566M 17,345M 11,903M 13,067M 8,337M 6,446M 5,803M 5,449M 5,087M 3,677M 2,060M 1,280M 1,106M 1,040M 1,434M 886M 398M 543M 363M
Gross Profit 10,829M 11,689M 10,021M 12,143M 8,567M 6,266M 5,987M 5,729M 2,693M 2,369M 2,000M 1,640M 1,686M 1,038M 824M 700M 693M 580M 912M 1M 412M 123M 163M
Gross Profit Margin 22.4% 26.9% 23.2% 29.6% 31.6% 26.5% 33.5% 30.5% 24.4% 26.9% 25.6% 23.1% 24.9% 22.0% 28.6% 35.4% 38.5% 35.8% 38.9% 0.1% 50.9% 18.4% 31.0%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 2,009M 1,599M 1,804M 1,311M 993M 788M 1,035M 831M 92M 468M 389M 399M 372M 410M 225M 144M 162M 127M 162M 81M 107M 112M 98M
Operating Expenses 2,143M 6,470M 3,369M 2,423M 2,207M 1,192M 1,238M 1,421M 615M 959M 822M 947M 764M 750M 421M 343M 293M 8M 277M -277M 169M 112M 118M
Operating Income (EBIT) 8,686M 5,219M 6,652M 9,720M 6,360M 5,074M 4,749M 4,308M 2,078M 1,410M 1,178M 694M 923M 289M 403M 357M 400M 572M 634M 279M 243M 11M 45M
Operating Income Margin 17.9% 12.0% 15.4% 23.7% 23.4% 21.5% 26.5% 22.9% 18.8% 16.0% 15.1% 9.8% 13.6% 6.1% 14.0% 18.0% 22.2% 35.3% 27.0% 31.4% 30.0% 1.6% 8.6%
Interest Income 1,540M 1,124M 1,193M 1,210M 1,120M 389M 156M 1,761M 246M 262M 308M 565M 205M 172M 55M 110M 64M 0M 145M 7M 64M 41M 40M
Interest Expense 6,182M 4,613M 4,348M 5,213M 2,756M 1,456M 784M 2,389M 949M 265M 409M -2M 336M 692M 198M 164M 128M 73M 39M 15M 5M 76M 91M
Net Interest Income -4,642M -3,490M -3,154M -4,003M -1,636M -1,068M -628M -628M -703M -3M -101M 567M -132M -521M -142M -54M -64M -73M 106M -8M 59M -35M -51M
Unusual Items 99M 2,073M 399M -2,682M -2,032M 163M 238M 0M -79M -166M -27M -139M -79M 301M 51M 1M 8M -124M -106M -63M -61M 11M 129M
EBT Excluding Unusual Items 4,043M 1,729M 3,497M 5,717M 4,724M 4,006M 4,121M 3,680M 1,375M 1,407M 1,077M 1,260M 791M -232M 261M 303M 336M 499M 740M 271M 302M -24M -6M
Pre-Tax Income 4,142M 3,802M 3,896M 3,035M 2,693M 4,169M 4,358M 3,680M 1,296M 1,241M 1,050M 1,121M 712M 69M 312M 304M 344M 375M 634M 208M 241M -13M 123M
Pre-Tax Margin 8.6% 8.7% 9.0% 7.4% 9.9% 17.7% 24.4% 19.6% 11.7% 14.1% 13.5% 15.8% 10.5% 1.5% 10.8% 15.3% 19.1% 23.2% 27.0% 23.4% 29.7% -2.0% 23.4%
Income Tax Expense 33M 547M 128M 159M 771M -133M 911M 964M 134M 36M 177M 161M -69M -9M 104M 58M 58M 76M 127M 68M 54M -242M 0M
Net Income 3,362M 2,222M 2,812M 2,076M 1,374M 3,695M 2,975M 2,416M 918M 997M 712M 808M 638M 69M 136M 160M 286M 223M 300M 154M 125M 229M 123M
Net Income Margin 6.9% 5.1% 6.5% 5.1% 5.1% 15.6% 16.6% 12.9% 8.3% 11.3% 9.1% 11.4% 9.4% 1.5% 4.7% 8.1% 15.9% 13.7% 12.8% 17.4% 15.5% 34.4% 23.4%
Depreciation & Amortization 3,128M 2,653M 2,757M 2,447M 1,725M 955M 827M 637M 436M 381M 350M 321M 295M 255M 111M 108M 105M 98M 162M 67M 62M 50M 40M
EBITDA 11,814M 7,872M 9,409M 12,166M 8,085M 6,029M 5,576M 4,945M 2,514M 1,791M 1,528M 1,014M 1,218M 544M 514M 466M 505M 670M 796M 346M 305M 61M 85M
EBITDA Margin 24.4% 18.1% 21.8% 29.7% 29.8% 25.5% 31.2% 26.3% 22.8% 20.3% 19.6% 14.3% 18.0% 11.5% 17.8% 23.5% 28.1% 41.4% 34.0% 38.9% 37.7% 9.1% 16.2%
NOPAT 8,616M 4,468M 6,433M 9,212M 4,540M 5,236M 3,756M 3,179M 1,862M 1,369M 980M 594M 1,012M 326M 268M 289M 333M 457M 507M 187M 189M 8M 45M
NOPAT Margin 17.8% 10.3% 14.9% 22.5% 16.7% 22.2% 21.0% 16.9% 16.9% 15.5% 12.6% 8.4% 14.9% 6.9% 9.3% 14.6% 18.5% 28.2% 21.6% 21.1% 23.3% 1.3% 8.6%
Owner's Earnings 3,989M -2,502M 5,528M 4,439M -1,396M 3,675M 3,796M 2,619M 1,161M 269M -101M 316M 566M 99M -57M -165M 136M -170M -1,074M 2M -119M 61M 99M
Owner's Earnings Margin 8.2% -5.7% 12.8% 10.8% -5.1% 15.6% 21.2% 13.9% 10.5% 3.0% -1.3% 4.5% 8.4% 2.1% -2.0% -8.4% 7.6% -10.5% -45.8% 0.2% -14.7% 9.1% 18.9%
EPS (Basic) 2.50 1.92 2.25 1.81 1.24 3.73 2.94 2.39 0.92 1.00 0.71 0.81 0.64 0.07 0.15 0.29 0.34 0.41 0.56 0.15 0.13 0.39 0.12
EPS (Diluted) 2.54 1.88 2.25 1.80 1.23 3.73 2.92 2.39 0.91 0.99 0.70 0.80 0.62 0.07 0.15 0.29 0.52 0.42 0.56 0.15 0.13 0.23 0.12
Shares (Basic) 1,322M 1,182M 1,247M 1,147M 1,108M 989M 1,017M 1,012M 998M 999M 1,003M 1,001M 994M 1,000M 926M 553M 549M 536M 535M 1,015M 989M 989M 989M
Shares (Diluted) 1,323M 1,182M 1,247M 1,156M 1,115M 991M 1,017M 1,012M 1,006M 1,007M 1,011M 1,011M 1,021M 1,000M 926M 553M 549M 536M 535M 1,015M 989M 989M 989M

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 4,861.50M 2,114.16M 3,306.36M 4,612.25M 3,166.36M 2,996.59M 2,219.55M 1,785.20M 4,743.99M 4,172.47M 920.78M 397.87M 280.10M 350.89M 133.10M 237.51M 550.08M 440.51M 28.91M 69.65M 51.64M 22.21M 151.38M
Short-Term Investments 10,096.97M 7,294.01M 9,731.38M 7,625.44M 4,714.43M 7,374.63M 5,397.28M 4,043.72M 226.33M 0.92M 2,137.14M 2,083.47M 1,683.57M 1,262.13M 1,592.10M 200.89M 0.00M 4.16M 0.00M 402.53M 334.14M 132.09M 0.00M
Cash & Short-Term Investments 14,958.48M 9,408.18M 13,037.74M 12,237.69M 7,880.80M 10,371.22M 7,616.83M 5,828.92M 4,970.32M 4,173.39M 3,057.92M 2,481.34M 1,963.66M 1,613.02M 1,725.20M 438.40M 550.08M 444.66M 28.91M 472.18M 385.78M 154.30M 151.38M
Net Receivables 12,981.67M 11,212.72M 11,306.27M 11,045.03M 10,654.52M 8,626.99M 4,892.76M 4,736.57M 3,610.10M 2,729.51M 2,375.03M 2,026.61M 1,775.24M 1,029.48M 1,115.35M 475.19M 433.84M 171.56M 485.77M 259.23M 164.27M 173.81M 169.54M
Inventory 244.55M 234.13M 150.90M 135.61M 278.86M 203.71M 47.26M 31.90M 25.31M 15.93M 19.99M 11.43M 20.91M 24.26M 25.35M 6.10M 7.97M 5.52M 12.86M 4.33M 8.24M 3.36M 2.81M
Other Current Assets 4,254.04M 3,998.93M 3,885.73M 4,418.74M 2,875.12M 2,488.11M 2,088.45M 798.95M 794.67M 562.14M 469.30M 623.64M 613.70M 396.50M 430.16M 127.20M 151.44M 244.52M 1,211.37M 89.19M -10.24M 22.18M -4.28M
Total Current Assets 32,438.73M 24,853.97M 28,380.63M 27,837.06M 21,689.30M 21,690.03M 14,645.30M 11,396.33M 9,400.41M 7,480.98M 5,922.23M 5,143.02M 4,373.52M 3,063.26M 3,296.07M 1,046.90M 1,143.32M 866.26M 1,738.91M 824.93M 548.04M 353.64M 319.45M
Property, Plant & Equipment 7,945.78M 7,957.16M 8,086.88M 7,871.11M 5,139.31M 282.06M 48.66M 47.13M 13.53M 10.66M 8.76M 3.55M 3.34M 2.71M 2.66M 1.19M 142.25M 131.32M 2,117.87M 830.13M 1,081.00M 628.75M 503.80M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 33,206.91M 33,368.50M 32,373.68M 31,447.95M 29,245.32M 15,836.08M 8,908.85M 9,007.97M 6,050.35M 4,930.85M 4,648.64M 4,124.64M 4,217.52M 4,114.73M 4,142.68M 1,778.70M 1,606.58M 171.56M 364.91M 278.68M 238.83M 0.00M 0.00M
Long-Term Investments 7,624.24M 26,617.11M 24,874.95M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 281.02M 277.01M
Tax Assets 3,156.76M 3,128.11M 3,179.40M 2,729.10M 2,277.81M 939.62M 0.00M 0.00M 0.00M 8.40M 0.00M 0.00M 0.00M 31.10M 11.21M 75.74M 148.03M 413.96M 478.68M 216.55M 206.36M 237.80M 0.00M
Other Non-Current Assets 41,566.04M 20,501.73M 19,369.84M 33,642.37M 32,265.66M 22,966.52M 20,521.21M 17,055.96M 10,012.55M 5,044.34M 3,634.59M 3,299.34M 2,660.95M 1,873.76M 1,804.51M 396.62M 270.45M 440.39M 357.98M 174.32M -226.71M 2.68M 30.49M
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
Total Non-Current Assets 93,499.73M 91,572.62M 87,884.75M 75,690.54M 68,928.10M 40,024.27M 29,478.72M 26,111.07M 16,076.43M 9,994.25M 8,291.99M 7,427.54M 6,881.81M 6,022.30M 5,961.06M 2,252.25M 2,167.30M 1,157.22M 3,319.43M 1,499.68M 1,299.48M 1,150.24M 811.30M
Total Assets 125,938.46M 116,426.59M 116,265.38M 103,527.60M 90,617.40M 61,714.30M 44,124.02M 37,507.40M 25,476.84M 17,475.23M 14,214.22M 12,570.56M 11,255.33M 9,085.56M 9,257.13M 3,299.15M 3,310.62M 2,023.48M 5,058.34M 2,324.61M 1,847.52M 1,503.88M 1,130.74M
Accounts Payable 5,605.22M 5,195.08M 4,949.86M 5,178.18M 4,729.45M 4,107.75M 2,263.29M 1,969.02M 1,600.21M 1,185.04M 943.28M 934.78M 1,139.84M 674.71M 663.03M 186.95M 202.56M 183.07M 80.77M 187.37M 157.58M 117.31M 71.65M
Short-Term Debt 7,420.47M 7,552.67M 6,380.40M 5,261.94M 10,809.09M 3,587.58M 3,112.37M 1,886.56M 2,803.87M 1,198.39M 986.95M 852.69M 970.69M 174.98M 813.58M 275.88M 66.94M 7.81M 27.84M 9.64M 6.42M 31.58M 38.11M
Tax Payables 2,016.99M 1,838.10M 1,572.26M 182.32M 2,864.80M 2,097.22M 765.28M 756.23M 707.31M 858.36M 541.79M 332.55M 284.79M 268.42M 290.70M 88.71M 45.14M 33.79M 134.51M 86.22M 47.36M 6.48M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 2,568.89M 2,802.12M 3,170.69M 3,296.62M 2,017.71M 1,512.08M 1,530.82M 810.59M 912.45M 412.26M 507.61M 553.30M 352.24M 323.56M 217.21M 107.26M 281.87M 296.91M 1,028.53M 92.22M 69.95M 188.13M 80.00M
Total Current Liabilities 17,611.57M 17,387.97M 16,073.21M 13,919.06M 20,421.05M 11,304.64M 7,671.76M 5,422.40M 6,023.85M 3,654.04M 2,979.64M 2,673.32M 2,747.56M 1,441.68M 1,984.52M 658.80M 596.52M 521.58M 1,271.65M 375.44M 281.31M 343.50M 189.76M
Long-Term Debt 54,974.60M 47,559.31M 49,446.68M 41,190.20M 30,374.44M 21,815.36M 14,675.61M 14,921.86M 8,732.31M 5,771.85M 3,847.38M 3,082.45M 3,404.18M 3,050.41M 2,257.25M 1,088.50M 849.88M 1,047.83M 503.69M 267.30M 11.10M 472.56M 543.21M
Capital Lease Obligations 101.01M 102.50M 103.86M 104.31M 119.88M 57.61M 28.85M 29.91M 0.00M 0.00M 0.00M 0.00M 0.03M 0.25M 4.85M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 7,732.11M 7,768.36M 8,317.36M 8,878.88M 8,948.84M 5,059.66M 3,891.78M 3,205.36M 1,421.77M 623.77M 693.92M 612.50M 577.86M 637.52M 770.89M 146.28M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 9,715.31M 8,951.97M 9,063.39M 10,052.59M 10,537.06M 7,213.63M 4,550.49M 3,455.74M 2,356.66M 1,270.38M 1,390.23M 1,530.23M 688.46M 878.97M 1,140.83M 79.84M 489.15M 214.85M 1,776.41M 581.85M 591.31M 57.42M 76.96M
Total Non-Current Liabilities 72,523.03M 64,382.14M 66,931.29M 60,225.98M 49,980.21M 34,146.26M 23,146.73M 21,612.87M 12,510.74M 7,666.00M 5,931.53M 5,225.18M 4,670.53M 4,567.15M 4,173.82M 1,314.63M 1,339.03M 1,262.69M 2,280.10M 849.15M 602.41M 529.98M 620.16M
Total Liabilities 90,134.60M 81,770.11M 83,004.49M 74,145.04M 70,401.26M 45,450.90M 30,818.49M 27,035.27M 18,534.59M 11,320.04M 8,911.17M 7,898.50M 7,418.08M 6,008.82M 6,158.34M 1,973.43M 1,935.54M 1,784.26M 3,551.74M 1,224.59M 883.72M 873.48M 809.92M
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 12,612.86M 12,596.21M 12,466.88M 9,308.72M 8,872.30M 4,655.29M 3,489.74M 2,741.93M 2,375.35M 2,227.02M 1,981.99M 1,980.21M 1,977.28M 1,977.28M 1,742.52M 566.83M 566.83M 907.49M 987.65M 713.22M 713.22M 320.54M 566.86M
Retained Earnings 2,098.67M 13,255.20M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 2,524.80M 2,009.85M 1,472.34M 0.00M -96.75M 0.00M 0.00M -27.11M 0.00M 0.00M 0.00M 0.00M 163.05M -315.76M
Accumulated OCI 2,260.02M 2,191.60M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 41.44M 30.00M
Minority Interest 4,247.45M 4,117.22M 3,773.90M 4,190.42M 1,952.63M 1,848.11M 1,816.10M 1,662.50M 956.84M 962.02M 847.69M 749.99M 609.16M 493.47M 351.53M 336.42M 317.16M 247.35M 540.96M 177.73M 157.42M 149.59M 54.34M
Total Shareholders’ Equity 16,971.55M 28,043.01M 12,466.88M 9,308.72M 8,872.30M 4,655.29M 3,489.74M 2,741.93M 2,375.35M 4,751.82M 3,991.83M 3,452.56M 1,977.28M 1,880.53M 1,742.52M 566.83M 539.72M 907.49M 987.65M 713.22M 713.22M 525.04M 281.10M
Total Equity 21,218.99M 32,160.23M 16,240.78M 13,499.14M 10,824.92M 6,503.40M 5,305.83M 4,404.43M 3,332.19M 5,713.84M 4,839.52M 4,202.54M 2,586.43M 2,374.00M 2,094.05M 903.25M 856.88M 1,154.83M 1,528.61M 890.95M 870.64M 674.63M 335.44M
Total Liabilities & Equity 111,353.59M 113,930.34M 99,245.28M 87,644.18M 81,226.19M 51,954.29M 36,124.32M 31,439.70M 21,866.78M 17,033.89M 13,750.68M 12,101.04M 10,004.52M 8,382.82M 8,252.39M 2,876.67M 2,792.43M 2,939.10M 5,080.35M 2,115.53M 1,754.36M 1,548.11M 1,145.36M
Tangible Assets 92,731.54M 83,058.08M 83,891.70M 72,079.65M 61,372.08M 45,878.22M 35,215.17M 28,499.43M 19,426.49M 12,544.39M 9,565.58M 8,445.92M 7,037.81M 4,970.83M 5,114.45M 1,520.45M 1,704.04M 1,851.93M 4,693.43M 2,045.92M 1,608.69M 1,503.88M 1,130.74M
Tangible Equity -11,987.92M -1,208.28M -16,132.90M -17,948.81M -18,420.40M -9,332.68M -3,603.02M -4,603.55M -2,718.16M 783.00M 190.88M 77.90M -1,631.09M -1,740.73M -2,048.63M -875.45M -749.70M 983.28M 1,163.71M 612.26M 631.81M 674.63M 335.44M
Tangible Book Value -11,987.92M -1,208.28M -16,132.90M -17,948.81M -18,420.40M -9,332.68M -3,603.02M -4,603.55M -2,718.16M 783.00M 190.88M 77.90M -1,631.09M -1,740.73M -2,048.63M -875.45M -749.70M 983.28M 1,163.71M 612.26M 631.81M 674.63M 335.44M
Total Investments 17,721.21M 33,911.13M 35,527.72M 7,625.44M 4,714.43M 7,374.63M 5,397.28M 4,043.72M 226.33M 0.92M 2,137.14M 2,083.47M 1,683.57M 1,266.64M 1,592.10M 200.89M 0.00M 4.16M 0.00M 402.53M 334.14M 413.10M 277.01M
Net Debt 57,533.57M 52,997.81M 52,520.71M 41,839.90M 38,017.16M 22,406.35M 15,568.43M 15,023.22M 6,792.19M 2,797.77M 3,913.55M 3,537.27M 4,094.77M 2,874.51M 2,937.73M 1,126.87M 366.74M 615.14M 502.62M 207.29M -34.12M 481.93M 429.93M

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 11,808.0M 4,909.6M 8,922.1M 9,803.5M -410.6M 8,700.6M 5,935.4M 5,264.6M 2,987.2M 3,419.9M 2,511.2M 2,026.9M 1,234.2M 1,392.3M 723.6M 320.9M 442.6M 260.9M 602.8M 240.4M 184.9M 54.4M 144.3M
Total Capital 91,045.1M 83,209.6M 82,044.6M 67,649.7M 57,917.8M 38,216.9M 28,279.2M 24,949.2M 17,132.2M 11,756.3M 8,858.3M 7,414.4M 7,211.3M 5,579.8M 5,239.7M 2,286.5M 1,870.6M 2,275.1M 1,632.6M 990.2M 742.1M 1,029.2M 862.4M
Capital Employed 105,307.7M 96,482.3M 96,806.9M 85,494.1M 68,517.5M 48,724.9M 35,414.1M 31,375.7M 19,063.6M 13,414.1M 10,803.2M 9,454.4M 8,116.0M 7,414.6M 6,684.7M 2,573.2M 2,609.9M 2,729.5M 3,922.2M 1,740.1M 1,484.4M 1,204.6M 955.6M
Invested Capital 86,183.6M 81,095.4M 78,738.3M 63,037.4M 54,751.4M 35,220.3M 26,059.7M 23,164.0M 12,388.2M 7,583.9M 7,937.5M 7,016.5M 6,931.2M 5,228.9M 5,106.6M 2,049.0M 1,320.5M 1,834.6M 1,603.7M 920.5M 690.4M 1,007.0M 711.0M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31
Net Income 4,108.53M 2,452.58M 3,767.81M 2,075.59M 1,922.00M 4,302.51M 3,447.65M 2,715.63M 1,161.06M 1,205.08M 873.13M 959.85M 780.56M 78.52M 207.47M 217.96M 286.10M 291.79M 300.11M 154.44M 125.41M 228.85M 122.93M
Depreciation & Amortization 3,128.19M 2,652.82M 2,757.19M 2,446.81M 1,725.12M 954.51M 827.34M 636.80M 456.42M 386.66M 349.94M 320.50M 295.11M 252.51M 111.00M 95.21M 104.67M 97.59M 161.84M 67.01M 61.88M 49.86M 40.38M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 172.68M 247.11M 194.87M 0.00M -295.99M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -259.28M 0.00M
Stock-Based Compensation 0.00M 59.68M 0.00M 364.33M -172.18M -413.13M 65.56M 0.00M 1.63M 4.19M 10.05M 22.32M 8.51M 0.00M 0.74M 1.40M 6.79M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -156.88M 413.91M -187.59M -490.86M 556.98M 1,197.62M 87.19M -3,494.95M -634.60M -1,035.91M -1,011.53M -1,141.43M -1,139.98M -737.62M -776.14M -211.99M -687.75M -127.43M -15.27M -92.77M -32.96M 147.24M 0.00M
Accounts Receivable -1,043.29M -1,572.28M -778.61M 112.71M 2,601.52M 1,079.70M 101.24M 107.52M -581.97M 0.00M 0.00M 0.00M -557.13M -23.78M -158.03M 0.00M 846.11M 0.00M 0.00M 0.00M 0.00M -31.95M 0.00M
Inventory -87.12M 68.95M -15.29M 143.25M -66.29M -134.90M -15.37M 1.70M -2.27M 0.00M 0.00M 0.00M -133.29M 54.42M -52.94M 0.00M 1.15M 3.75M -8.53M 3.90M -4.88M -0.55M 0.00M
Accounts Payable 0.00M -68.54M 0.00M 230.36M -929.56M 175.14M 250.88M -58.01M 65.47M 0.00M 89.98M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 45.66M 0.00M
Other Working Capital 973.52M 1,985.78M 606.31M -977.18M -1,048.69M 77.68M -249.57M -3,546.16M -115.83M -1,035.91M -1,101.50M -1,141.43M -449.56M -768.25M -565.17M -211.99M -1,535.00M -131.18M -6.74M -96.68M -28.08M 134.09M 0.00M
Other Non-Cash Items -3,031.68M -1,971.39M -2,086.20M -46.35M -564.41M -4,737.25M -946.99M -681.31M 607.39M 302.22M 646.11M 1,304.25M -318.28M 363.97M 224.97M 208.99M 22.94M 402.49M 449.62M 163.07M 49.20M 177.77M -437.88M
Net Cash from Operating Activities 4,048.15M 3,607.60M 4,251.21M 4,349.51M 3,467.51M 1,304.26M 3,480.74M -651.16M 1,839.01M 1,057.11M 867.70M 1,169.50M -374.08M -42.63M -231.96M 311.56M -267.25M 664.44M 896.31M 291.75M 203.53M 344.43M -274.57M
Capital Expenditures (PPE) -2,605.06M -7,485.29M -40.69M -9,148.05M -235.19M -974.10M -6.63M -433.37M -192.93M -1,109.37M -1,163.50M -783.49M -0.76M -0.19M -1.65M -433.75M -254.60M -490.14M -1,535.81M -393.57M -306.07M -217.88M -63.89M
Acquisitions (Net) -9.48M -5,589.66M -6,869.27M 3,403.00M -49.12M 129.06M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 144.62M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -2,204.03M -2,355.35M -2,335.78M -3,048.91M -8,056.43M -1,637.20M -1,190.62M -3,980.67M -389.65M -269.53M 0.00M -174.91M -306.47M -1.30M -1,367.79M -68.09M 0.00M 0.00M -3.40M 0.00M 0.00M -39.44M -54.94M
Sales / Maturities of Investments 710.00M -1,378.13M 1,030.91M 0.00M 3,861.90M 129.06M 0.00M 175.32M 37.66M 2,137.99M 198.94M 0.00M 5,047.38M 427.89M 0.00M 0.00M 1.99M 1.42M 0.00M 0.00M 0.00M 2.54M 60.30M
Other Investing Activities -5,717.20M 892.50M -5,976.17M 1,301.64M -4,259.93M -2,387.35M -1,240.87M -1,531.23M -1,839.10M -130.42M 20.14M 23.02M -5,396.35M -206.49M -288.73M 174.36M 1,389.97M 2.25M -3.83M 4.40M -14.10M 36.71M 74.03M
Net Cash from Investing Activities -9,825.77M -15,915.93M -14,191.00M -7,492.33M -8,738.77M -4,740.54M -2,438.11M -5,769.96M -2,384.02M 628.67M -944.43M -935.38M -656.20M 219.90M -1,513.55M -327.48M 1,137.36M -486.48M -1,543.04M -389.17M -320.16M -218.07M 15.50M
Net Debt Issuance 9,473.99M 6,320.44M 6,924.90M 5,164.10M 3,620.10M 6,058.04M 139.76M 2,919.61M 1,711.50M 2,041.70M 1,035.12M 43.61M 965.57M 100.79M 1,054.99M 90.74M -551.14M 198.60M 721.12M 172.21M 65.34M -90.75M -52.13M
Long-Term Debt Issuance 9,468.35M 6,320.44M 6,898.66M 5,164.10M 3,620.10M 6,058.04M 139.76M 2,919.61M 1,711.50M 2,041.70M 1,035.12M 43.61M 965.57M 100.79M 530.70M 90.74M -551.14M 198.60M 397.19M 172.21M 65.34M -90.75M -437.38M
Short-Term Debt Issuance 5.64M 0.00M 26.25M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 519.23M 0.00M 0.00M 0.00M 323.93M 0.00M 0.00M 0.00M 385.25M
Net Stock Issuance 253.38M 4,021.73M 3,112.69M 1,418.96M 2,789.43M -600.44M -30.70M 58.07M 0.47M 1.30M 2.40M 11.74M 0.00M 0.00M 1,190.81M 0.00M 18.51M -80.16M 274.43M 0.00M 188.18M -71.83M 332.66M
Common Stock Issuance 292.74M 4,051.49M 3,170.22M 1,418.96M 2,789.43M 10.55M 1.03M 58.07M 0.47M 1.30M 2.40M 11.74M 0.00M 0.00M 1,190.81M 0.00M 18.51M 0.00M 274.43M 0.00M 188.18M 69.44M 332.66M
Common Stock Repurchased -39.35M -29.76M -57.54M 0.00M 0.00M -610.99M -31.73M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -80.16M 0.00M 0.00M 0.00M -71.83M 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 -1,438.72M -1,353.16M -1,433.96M -796.69M -1,091.57M -1,220.08M -651.48M -488.37M -335.46M -263.92M -260.47M -186.62M -6.08M -60.28M -80.41M -278.87M -70.05M -286.05M -208.96M -164.85M -84.00M -54.35M 0.00M
Common Dividends Paid -1,438.72M -1,353.16M -1,433.96M -796.69M -1,091.57M -1,220.08M -651.48M -488.37M -335.46M -263.92M -260.47M -186.62M -6.08M -60.28M -80.41M -278.87M -76.21M -286.05M -208.96M -164.85M -84.00M -54.35M 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 6.16M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 117.63M -13.35M 30.28M 12.66M 123.07M -24.20M -65.87M 973.02M -259.99M -213.18M -177.40M 14.91M 0.00M 0.00M -524.28M 12.44M -365.33M 35.83M 2.61M 176.46M 178.59M 101.14M 59.27M
Net Cash from Financing Activities 8,406.27M 8,975.66M 8,633.91M 5,799.04M 5,441.04M 4,213.32M -608.29M 3,462.32M 1,116.53M 1,565.91M 599.65M -116.36M 959.49M 40.51M 1,641.10M -175.69M -968.00M -131.78M 789.21M 183.82M 348.11M -115.78M 339.79M
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
Net Change in Cash 2,628.66M -3,332.68M -1,305.88M 2,656.22M 169.77M 777.04M 434.34M -2,958.79M 571.52M 3,251.69M 522.92M 117.77M -70.79M 217.78M -104.41M -307.42M -97.90M 33.32M 142.48M 86.40M 231.48M 0.00M 0.00M
Cash at Beginning of Period 9,214.02M 16,139.36M 4,612.25M 3,166.36M 2,996.59M 2,219.55M 1,785.20M 4,743.99M 4,172.47M 920.78M 397.87M 280.10M 350.89M 133.10M 237.51M 550.08M 647.98M 614.66M 472.18M 385.78M 154.30M 0.00M 0.00M
Cash at End of Period 11,842.68M 12,796.67M 3,306.36M 5,822.58M 3,166.36M 2,996.59M 2,219.55M 1,785.20M 4,743.99M 4,172.47M 920.78M 397.87M 280.10M 350.89M 133.10M 242.66M 550.08M 440.51M 614.66M 472.18M 385.78M 22.21M 151.38M
Operating Cash Flow 4,048.15M 3,607.60M 4,251.21M 4,349.51M 3,467.51M 1,304.26M 3,480.74M -651.16M 1,839.01M 1,057.11M 867.70M 1,169.50M -374.08M -42.63M -231.96M 311.56M -267.25M 664.44M 896.31M 291.75M 203.53M 344.43M -274.57M
Capital Expenditure -2,501.37M -7,376.72M -40.69M -83.07M -4,495.12M -974.10M -6.63M -433.37M -192.93M -1,109.37M -1,163.50M -812.82M -366.96M -225.14M -304.55M -433.75M -254.60M -490.14M -1,535.81M -219.39M -306.07M -217.88M -63.89M
Free Cash Flow 1,546.78M -3,769.12M 4,210.52M 4,266.44M -1,027.61M 330.16M 3,474.11M -1,084.52M 1,646.08M -52.25M -295.80M 386.02M -741.04M -267.77M -536.51M -23.48M -267.25M 174.30M -636.89M 72.37M -102.53M 126.54M -338.46M

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 11,948.49M 12,742.93M 10,973.72M 13,278.31M 9,298.65M 6,431.74M 5,779.02M 5,535.44M 3,036.67M 2,281.64M 1,960.91M 1,561.35M 1,609.66M 883.05M 710.19M 664.70M 635.81M 550.53M 911.93M -13.18M 366.63M 60.58M 104.88M
(-) Tax Adjustment 96.07M 1,833.00M 360.17M 693.52M 2,661.52M 0.00M 1,207.50M 1,450.66M 315.23M 66.24M 330.34M 224.53M 0.00M 0.00M 237.71M 126.45M 107.48M 111.31M 183.02M -4.31M 82.16M 21.20M 0.00M
(-) Change In Working Capital -156.88M 413.91M -187.59M -490.86M 556.98M 1,197.62M 87.19M -3,494.95M -634.60M -1,035.91M -1,011.53M -1,141.43M -1,139.98M -737.62M -776.14M -211.99M -687.75M -127.43M -15.27M -92.77M -32.96M 147.24M 0.00M
(-) Capital Expenditure -2,501.37M -7,376.72M -40.69M -83.07M -4,495.12M -974.10M -6.63M -433.37M -192.93M -1,109.37M -1,163.50M -812.82M -366.96M -225.14M -304.55M -433.75M -254.60M -490.14M -1,535.81M -219.39M -306.07M -217.88M -63.89M
Unlevered Free Cash Flow 9,507.93M 792.41M 10,760.45M 12,992.58M 1,585.03M 4,260.02M 4,477.71M 7,146.36M 3,163.11M 2,141.94M 1,478.60M 1,665.43M 2,382.68M 1,395.52M 944.07M 316.49M 961.47M 76.50M -791.63M -135.48M 11.36M -325.75M 40.99M
(-) Net Interest Income After Taxes -4,604.97M -2,987.72M -3,050.91M -3,793.85M -1,167.60M -1,067.76M -496.76M -463.17M -630.30M -2.92M -84.29M 485.21M -131.58M -520.53M -94.66M -44.06M -53.19M -58.30M 84.79M -5.38M 45.49M -22.68M -50.86M
Net Debt Issuance 9,473.99M 6,320.44M 6,924.90M 5,164.10M 3,620.10M 6,058.04M 139.76M 2,919.61M 1,711.50M 2,041.70M 1,035.12M 43.61M 965.57M 100.79M 1,054.99M 90.74M -551.14M 198.60M 721.12M 172.21M 65.34M -90.75M -52.13M
Levered Free Cash Flow 23,586.89M 10,100.57M 20,736.27M 21,950.52M 6,372.74M 11,385.81M 5,114.23M 10,529.14M 5,504.91M 4,186.56M 2,598.01M 1,223.84M 3,479.82M 2,016.84M 2,093.72M 451.28M 463.52M 333.40M -155.30M 42.11M 31.21M -393.81M 39.71M