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Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Page: Company Financials

Euronav N.V.

Ticker: EURN | Industry: Oil & Gas Midstream | Sector: Energy
$16.70 -0.07 (-0.42%)
As of: 2024-08-19

Master Data Export


Enterprise Value

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Stock Price 16.68 16.51 13.73 9.28 9.07 9.91 8.31 8.33 8.75 13.62 12.01 8.32 6.90 6.90 6.90
Market Capitalization 3,360.38M 3,332.92M 2,770.56M 1,871.57M 1,866.00M 2,132.99M 1,688.23M 1,316.74M 1,384.08M 2,125.93M 1,607.47M 540.32M 345.00M 345.00M 345.00M
(-) Cash & Equivalents 426.38M 240.80M 207.60M 161.78M 228.89M 215.70M 164.35M 145.83M 134.40M 153.89M 128.34M 18.34M 36.46M 61.80M 83.45M
(+) Total Debt 1,992.74M 1,531.58M 1,878.96M 1,629.69M 1,370.01M 1,778.86M 1,561.93M 996.46M 1,065.66M 1,143.21M 933.59M 597.98M 322.02M 833.16M 1,403.13M
Enterprise Value 4,926.74M 4,623.70M 4,441.92M 3,339.49M 3,007.12M 3,696.15M 3,085.81M 2,167.36M 2,315.34M 3,115.26M 2,412.72M 1,119.96M 630.56M 1,116.35M 1,664.68M

Income Statement

Metric TTM TTM-1 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31
Revenue 1,049M 1,280M 1,235M 855M 420M 1,210M 932M 600M 513M 684M 847M 474M 401M 411M 394M 525M 461M 856M 531M 678M 572M 431M 573M 846M
Cost of Revenue 568M 636M 611M 620M 694M 664M 695M 629M 474M 465M 461M 439M 414M 425M 232M 240M 213M 243M 235M 223M 190M 121M 383M 730M
Gross Profit 481M 644M 624M 235M -274M 547M 238M -29M 40M 219M 385M 35M -13M -14M 162M 286M 248M 613M 296M 455M 382M 310M 190M 115M
Gross Profit Margin 45.9% 50.3% 50.5% 27.5% -65.4% 45.2% 25.5% -4.8% 7.8% 32.0% 45.5% 7.4% -3.2% -3.4% 41.1% 54.4% 53.8% 71.6% 55.8% 67.2% 66.7% 71.9% 33.2% 13.6%
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
SG&A Expenses 69M 57M 59M 52M 32M 65M 67M 66M 47M 44M 46M 40M 28M 35M 37M 16M 15M 18M 16M 33M 28M 4M 23M 42M
Operating Expenses 30M 33M 64M 37M 22M 27M 57M 61M 42M 37M 39M 29M 16M 25M 205M 208M 217M 99M 106M 162M 140M 63M 185M 83M
Operating Income (EBIT) 451M 611M 560M 198M -297M 519M 181M -90M -2M 182M 347M 6M -29M -39M -43M 78M 31M 514M 190M 293M 242M 247M 5M 33M
Operating Income Margin 43.0% 47.7% 45.3% 23.2% -70.7% 42.9% 19.4% -15.1% -0.4% 26.6% 41.0% 1.2% -7.2% -9.5% -10.9% 14.8% 6.8% 60.0% 35.8% 43.2% 42.4% 57.4% 0.9% 3.8%
Interest Income 60M 49M 21M 27M 15M 21M 21M 15M 7M 7M 3M 0M 0M 1M 0M 1M 1M 2M 4M 2M 3M 0M 34M 108M
Interest Expense 108M 182M 133M 133M 96M 92M 120M 89M 51M 52M 51M 90M 58M 61M 55M 70M 49M 90M 82M 71M 52M 0M 35M 52M
Net Interest Income -48M -133M -112M -106M -81M -70M -99M -74M -43M -45M -48M -89M -58M -60M -55M -69M -48M -88M -79M -68M -48M 0M -1M 56M
Unusual Items 810M 131M 416M 113M 38M 26M 15M 39M 16M 26M 5M 2M -3M -21M 2M 12M -1M -21M -9M -5M 16M -1M 76M -58M
EBT Excluding Unusual Items 403M 478M 448M 93M -377M 449M 82M -165M -46M 137M 299M -84M -87M -99M -98M 8M -17M 426M 112M 224M 194M 247M 4M 88M
Pre-Tax Income 1,213M 609M 864M 206M -339M 475M 96M -126M -30M 163M 304M -82M -90M -120M -96M 20M -18M 405M 103M 219M 210M 246M 79M 30M
Pre-Tax Margin 115.7% 47.6% 70.0% 24.1% -80.8% 39.3% 10.3% -21.0% -5.9% 23.9% 36.0% -17.3% -22.4% -29.1% -24.3% 3.8% -4.0% 47.3% 19.3% 32.4% 36.8% 57.1% 13.8% 3.6%
Income Tax Expense 12M 6M 6M 3M 0M 2M 1M 0M -1M 0M 6M -6M 0M -1M 0M 0M -1M 3M 1M 1M 1M 9M 112M 58M
Net Income 1,201M 588M 858M 203M -339M 473M 112M -110M 1M 204M 350M -46M -90M -119M -96M 20M -18M 402M 101M 218M 209M 237M 77M 26M
Net Income Margin 114.5% 46.0% 69.5% 23.8% -80.7% 39.1% 12.0% -18.3% 0.3% 29.8% 41.4% -9.7% -22.4% -29.0% -24.3% 3.7% -3.8% 47.0% 19.0% 32.2% 36.6% 54.9% 13.4% 3.1%
Depreciation & Amortization 182M 181M 203M 201M 298M 288M 343M 271M 230M 228M 210M 161M 167M 23M 169M 172M 164M 145M 154M 144M 116M 46M 60M 135M
EBITDA 634M 792M 763M 400M 1M 807M 524M 180M 228M 410M 557M 167M 139M -16M 126M 250M 195M 659M 344M 437M 359M 293M 65M 168M
EBITDA Margin 60.4% 61.9% 61.8% 46.7% 0.2% 66.7% 56.2% 30.0% 44.4% 59.9% 65.8% 35.2% 34.6% -3.9% 31.8% 47.5% 42.3% 76.9% 64.8% 64.5% 62.7% 68.0% 11.4% 19.9%
NOPAT 447M 605M 556M 196M -234M 517M 180M -71M -2M 182M 340M 5M -23M -31M -34M 77M 25M 511M 188M 291M 241M 238M -2M -29M
NOPAT Margin 42.6% 47.3% 45.0% 22.9% -55.8% 42.7% 19.3% -11.9% -0.3% 26.6% 40.2% 1.0% -5.7% -7.5% -8.6% 14.7% 5.4% 59.6% 35.3% 42.9% 42.2% 55.2% -0.4% -3.4%
Owner's Earnings 804M 464M 722M -136M -454M 536M 448M -77M 53M 89M 200M -1,062M 67M -245M 56M 45M -239M 87M 104M 47M -1,057M -82M -159M -319M
Owner's Earnings Margin 76.7% 36.3% 58.5% -15.9% -108.3% 44.3% 48.0% -12.9% 10.4% 13.0% 23.6% -224.1% 16.8% -59.6% 14.2% 8.6% -51.7% 10.2% 19.6% 6.9% -184.7% -18.9% -27.7% -37.7%
EPS (Basic) 5.96 2.98 4.25 1.01 -1.68 2.25 0.52 -0.57 0.01 1.29 2.25 -0.39 -1.79 -2.38 -1.92 0.39 -0.35 7.86 1.93 4.15 3.99 5.63 1.35 0.62
EPS (Diluted) 5.95 2.91 4.25 1.01 -1.68 2.25 0.52 -0.57 0.01 1.29 2.22 -0.39 -1.79 -2.38 -1.92 0.39 -0.35 7.86 1.93 4.15 3.99 5.63 1.83 0.62
Shares (Basic) 202M 202M 202M 202M 202M 210M 216M 192M 158M 158M 156M 117M 50M 50M 50M 50M 50M 51M 52M 53M 53M 42M 42M 42M
Shares (Diluted) 202M 202M 202M 202M 202M 210M 216M 192M 158M 158M 158M 117M 50M 50M 50M 50M 50M 51M 52M 53M 53M 42M 42M 42M

Product Segments

Metric TTM TTM-1 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31
Pool Revenue 0.00M 0.00M 639.78M 359.92M 136.17M 716.41M 524.85M 277.39M 249.30M
Spot Voyages 0.00M 0.00M 434.44M 377.36M 212.27M 400.46M 317.22M 247.39M 145.36M
Time Charters 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 90.31M 75.24M 118.71M

Balance Sheet

Metric MRQ MRQ-1 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31
Cash & Cash Equivalents 343.90M 508.85M 429.37M 179.93M 152.53M 161.48M 296.95M 173.13M 143.65M 206.69M 131.66M 254.09M 120.75M 145.84M 185.41M 166.89M 185.48M 206.26M 60.77M 63.24M 51.39M 61.76M 11.33M 38.83M
Short-Term Investments 0.00M 0.00M -0.35M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 343.90M 508.85M 429.02M 179.93M 152.53M 161.48M 296.95M 173.13M 143.65M 206.69M 131.66M 254.09M 120.75M 145.84M 185.41M 166.89M 185.48M 206.26M 60.77M 63.24M 51.39M 61.76M 11.33M 38.83M
Net Receivables 284.35M 305.77M 286.82M 367.03M 237.84M 192.65M 309.21M 306.01M 136.99M 166.70M 219.19M 163.28M 84.05M 73.37M 106.46M 110.32M 100.64M 120.44M 120.82M 110.96M 162.56M 146.65M 70.53M 64.01M
Inventory 32.79M 30.35M 22.49M 41.64M 69.04M 75.78M 183.38M -41.87M -24.80M -21.15M -20.40M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.70M 0.00M 0.00M 0.00M 0.00M 64.23M 62.96M
Other Current Assets 182.81M 83.55M 1.87M 18.46M 40.38M 64.71M 12.71M 83.87M 24.80M 21.15M 44.60M 120.49M 73.40M 78.22M 0.00M 29.87M 0.00M 14.15M 0.71M 0.69M 0.96M 0.00M 105.79M 101.79M
Total Current Assets 843.84M 928.52M 740.19M 607.06M 499.78M 494.61M 802.25M 521.14M 280.64M 373.39M 375.05M 537.86M 278.19M 297.43M 291.87M 307.08M 286.12M 341.54M 182.30M 174.89M 214.90M 208.41M 251.88M 267.58M
Property, Plant & Equipment 2,738.42M 2,716.03M 1,768.21M 3,308.62M 3,179.30M 3,127.09M 3,238.44M 3,522.01M 2,336.83M 2,470.08M 2,382.97M 2,276.16M 1,865.69M 2,062.06M 2,158.82M 2,336.04M 2,499.43M 2,278.55M 0.92M 2,155.82M 1,981.28M 776.86M 855.13M 1,780.75M
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 0.00M
Intangible Assets 16.66M 17.24M 14.19M 15.75M 0.19M 0.16M 0.04M 0.11M 0.07M 0.16M 0.24M 0.03M 0.03M 0.08M 0.24M 0.45M 0.34M 0.17M 0.70M 8.75M 16.87M 0.07M 0.00M 0.00M
Long-Term Investments 61.24M 13.28M 0.52M 1.42M 72.45M 49.24M 50.32M 43.18M 30.60M 18.41M 21.45M 17.33M 0.41M 0.00M 0.00M 0.00M 0.00M 0.53M 0.01M 0.00M 4.29M 0.61M 44.08M 185.74M
Tax Assets 5.60M 5.76M 0.00M 1.40M 1.55M 1.36M 2.72M 2.26M 2.49M 0.96M 0.94M 6.54M 0.88M 0.96M 0.21M 0.29M 0.43M 0.46M 0.52M 0.72M 0.76M 1.19M 0.00M 0.00M
Other Non-Current Assets 65.88M 67.09M 4.62M 34.83M 55.64M 57.05M 71.08M 38.66M 160.35M 183.91M 259.91M 258.45M 3.77M 2.34M 0.18M 0.35M 0.35M 0.00M 2,090.24M 0.01M 0.01M 0.00M 0.00M 0.00M
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
Total Non-Current Assets 2,887.81M 2,819.40M 1,787.54M 3,362.01M 3,309.12M 3,234.90M 3,362.59M 3,606.21M 2,530.34M 2,673.52M 2,665.51M 2,558.51M 1,870.78M 2,065.45M 2,159.44M 2,337.13M 2,500.55M 2,279.70M 2,092.40M 2,165.30M 2,003.21M 778.73M 899.21M 1,966.48M
Total Assets 3,731.65M 3,747.92M 2,527.73M 3,969.07M 3,808.90M 3,729.51M 4,164.84M 4,127.35M 2,810.97M 3,046.91M 3,040.56M 3,096.36M 2,148.97M 2,362.88M 2,451.32M 2,644.21M 2,786.67M 2,621.24M 2,274.69M 2,340.19M 2,218.11M 987.14M 1,151.09M 2,234.07M
Accounts Payable 94.22M 211.54M 42.00M 24.70M 26.01M 27.23M 94.41M 87.23M 61.36M 69.86M 79.08M 51.84M 32.07M 14.76M 78.82M 82.79M 110.84M 143.43M 90.26M 16.14M 12.31M 59.24M 0.00M 0.00M
Short-Term Debt 512.39M 415.65M 295.40M 157.65M 236.49M 117.59M 221.21M 198.88M 97.37M 119.12M 102.42M 169.43M 183.98M 168.34M 170.16M 168.57M 135.74M 117.43M 236.55M 122.33M 109.02M 44.68M 0.00M 0.00M
Tax Payables 7.11M 5.87M 4.76M 5.93M 0.37M 0.63M 0.05M 0.04M 0.01M 0.00M 0.00M 0.00M 0.02M 0.00M 0.00M 0.01M 0.00M 0.27M 0.05M 0.07M 0.85M 0.02M 0.00M 0.00M
Deferred Revenue 0.00M 6.19M 17.36M 17.54M 7.55M 13.14M 17.78M 7.75M 10.02M 13.75M 16.86M 10.25M 12.55M 13.33M 0.00M 0.00M 0.00M 0.00M 0.00M 66.80M 56.57M 0.02M 0.00M 0.00M
Other Current Liabilities 7.42M 0.61M 69.65M -11.32M -6.92M -12.28M -17.35M -6.74M -10.01M -13.63M -16.45M 63.88M 69.54M 113.35M 0.00M 0.01M 5.00M 0.27M 0.05M 4.89M 0.86M 0.21M 743.04M 1,583.47M
Total Current Liabilities 621.14M 639.86M 429.17M 194.49M 263.50M 146.30M 316.10M 287.16M 158.75M 189.10M 181.91M 295.40M 298.16M 309.77M 248.98M 251.37M 251.58M 261.39M 326.91M 210.22M 179.61M 104.17M 743.04M 1,583.47M
Long-Term Debt 1,889.64M 1,167.79M 635.07M 1,538.63M 1,475.69M 1,155.83M 1,523.65M 1,569.63M 801.35M 966.44M 950.03M 1,319.40M 995.60M 1,119.74M 1,189.18M 1,268.01M 1,410.95M 1,115.42M 961.25M 1,104.94M 1,129.99M 449.90M 0.00M 0.00M
Capital Lease Obligations 5.10M 7.10M 3.36M 28.68M 39.05M 66.92M 75.62M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 8.62M 18.51M 27.50M 35.68M 0.00M 63.87M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.01M 0.11M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.92M 0.00M 0.00M 0.74M 1.68M 0.00M 0.00M
Other Non-Current Liabilities 0.00M 1.86M 2.09M 2.64M 10.72M 15.53M 12.87M 9.67M 3.98M 2.88M 2.47M 8.37M 54.25M 66.35M 32.17M 46.33M 52.50M 63.46M 2.09M 2.62M 2.30M 2.42M 408.05M 650.60M
Total Non-Current Liabilities 1,894.76M 1,176.86M 640.51M 1,569.95M 1,525.46M 1,238.27M 1,612.15M 1,579.30M 805.33M 969.33M 952.51M 1,327.77M 1,049.85M 1,186.09M 1,229.97M 1,332.85M 1,490.95M 1,215.48M 963.34M 1,171.42M 1,133.03M 454.00M 408.05M 650.60M
Total Liabilities 2,515.90M 1,816.72M 1,069.68M 1,764.44M 1,788.96M 1,384.57M 1,928.25M 1,866.47M 964.08M 1,158.42M 1,134.42M 1,623.16M 1,348.00M 1,495.86M 1,478.94M 1,584.22M 1,742.54M 1,476.87M 1,290.25M 1,381.64M 1,312.64M 558.17M 1,151.09M 2,234.07M
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
Common Stock 239.15M 239.15M 238.95M 239.15M 239.15M 239.15M 239.15M 239.15M 173.05M 173.05M 173.05M 142.44M 58.94M 56.25M 56.25M 56.25M 56.25M 56.25M 56.25M 56.25M 56.25M 45.00M 62.97M 94.44M
Retained Earnings 638.31M 506.20M 807.92M 385.98M 180.14M 540.25M 420.06M 335.76M 473.62M 515.67M 529.61M 359.18M 428.31M 518.26M 637.19M 733.18M 719.82M 830.45M 595.49M 612.24M 495.23M 376.18M 0.00M 0.00M
Accumulated OCI 2.33M 2.15M 1.38M 33.03M 2.85M -6.52M -4.28M -2.29M 0.57M 0.12M -0.05M 0.38M -5.77M -14.49M -19.46M -17.92M -11.44M 0.00M 0.00M 0.94M 1.78M 1.20M 328.70M 438.63M
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 1.05M
Total Shareholders’ Equity 879.79M 747.50M 1,048.24M 658.15M 422.14M 772.88M 654.92M 572.63M 647.24M 688.83M 702.61M 502.00M 481.48M 560.02M 673.99M 771.51M 764.63M 886.70M 651.74M 669.42M 553.26M 422.38M 391.67M 533.07M
Total Equity 879.79M 747.50M 1,048.24M 658.15M 422.14M 772.88M 654.92M 572.63M 647.24M 688.83M 702.61M 502.00M 481.48M 560.02M 673.99M 771.51M 764.63M 886.70M 651.74M 669.42M 553.26M 422.38M 391.67M 534.12M
Total Liabilities & Equity 3,395.69M 2,564.21M 2,117.92M 2,422.59M 2,211.09M 2,157.45M 2,583.17M 2,439.09M 1,611.32M 1,847.25M 1,837.03M 2,125.16M 1,829.48M 2,055.88M 2,152.93M 2,355.73M 2,507.16M 2,363.57M 1,941.99M 2,051.06M 1,865.89M 980.55M 1,542.76M 2,768.19M
Tangible Assets 3,714.99M 3,730.68M 2,513.54M 3,953.33M 3,808.71M 3,729.35M 4,164.80M 4,127.25M 2,810.90M 3,046.76M 3,040.32M 3,096.33M 2,148.94M 2,362.80M 2,451.08M 2,643.77M 2,786.33M 2,621.08M 2,273.99M 2,331.45M 2,201.24M 987.07M 1,151.09M 2,234.07M
Tangible Equity 863.13M 730.26M 1,034.05M 642.41M 421.95M 772.71M 654.88M 572.52M 647.16M 688.68M 702.37M 501.97M 481.45M 559.94M 673.75M 771.06M 764.29M 886.53M 651.04M 660.68M 536.39M 422.31M 391.67M 534.12M
Tangible Book Value 863.13M 730.26M 1,034.05M 642.41M 421.95M 772.71M 654.88M 572.52M 647.16M 688.68M 702.37M 501.97M 481.45M 559.94M 673.75M 771.06M 764.29M 886.53M 651.04M 660.68M 536.39M 422.31M 391.67M 534.12M
Total Investments 61.24M 13.28M 0.52M 1.42M 72.45M 49.24M 50.32M 43.18M 30.60M 18.41M 21.45M 17.33M 0.41M 0.00M 0.00M 0.00M 0.00M 0.53M 0.01M 0.00M 4.29M 0.61M 44.08M 185.74M
Net Debt 2,058.14M 1,074.59M 501.10M 1,516.35M 1,559.65M 1,111.94M 1,447.91M 1,595.38M 755.07M 878.87M 920.79M 1,234.74M 1,058.83M 1,142.24M 1,173.92M 1,269.69M 1,361.21M 1,026.59M 1,137.03M 1,164.03M 1,187.62M 432.82M -11.33M -38.83M

Capital Metrics

Metric MRQ MRQ-1 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31
Working Capital 229.8M 291.2M 1,207.3M 352.7M 138.4M 248.3M 486.2M 234.0M 121.9M 184.3M 193.1M 242.5M -19.9M -12.3M 42.9M 55.7M 34.5M 80.4M -144.6M -35.3M 36.1M 104.3M -491.2M -1,315.9M
Total Capital 3,628.7M 3,524.3M 3,285.4M 3,869.7M 3,672.8M 3,584.7M 4,056.7M 4,029.0M 2,745.1M 2,973.5M 2,958.0M 2,961.5M 1,980.6M 2,155.1M 2,340.3M 2,515.1M 2,618.3M 2,411.2M 2,182.3M 2,249.7M 2,145.3M 923.6M 403.0M 554.1M
Capital Employed 3,117.6M 3,110.6M 2,992.1M 3,714.7M 3,447.5M 3,483.2M 3,848.8M 3,840.2M 2,652.2M 2,857.8M 2,858.7M 2,801.0M 1,850.8M 2,053.1M 2,202.3M 2,392.8M 2,535.1M 2,360.1M 1,947.8M 2,130.0M 2,039.3M 883.0M 408.0M 650.6M
Invested Capital 3,284.8M 3,015.5M 2,856.0M 3,689.8M 3,520.2M 3,423.3M 3,759.8M 3,855.9M 2,601.4M 2,766.8M 2,826.3M 2,707.4M 1,859.8M 2,009.3M 2,154.9M 2,348.2M 2,432.8M 2,204.9M 2,121.5M 2,186.5M 2,093.9M 861.8M 391.7M 515.2M

Cash Flow Statement

Metric TTM TTM-1 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31
Net Income 1,215.90M 588.39M 858.03M 203.25M -338.78M 472.77M 112.23M -110.07M 1.38M 204.05M 350.11M -45.80M -89.68M -119.66M -95.87M 19.79M -18.33M 402.47M 101.06M 219.30M 210.34M 236.50M 76.82M 26.23M
Depreciation & Amortization 192.31M 228.25M 221.04M 222.60M 344.99M 319.75M 337.70M 270.69M 229.87M 227.76M 210.21M 160.95M 167.36M 147.06M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Income Tax 5.52M 5.91M 1.15M 2.80M -0.43M 0.00M 0.60M 0.24M -1.36M -0.17M 5.63M -5.74M 0.18M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 3.95M -1.41M 3.95M -0.56M 1.31M -1.20M 2.46M 0.04M 0.31M 0.41M 1.64M 3.99M 0.18M 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 126.80M -124.33M 105.88M -82.73M -20.50M 180.58M -165.42M -114.53M 22.08M 38.49M -57.69M -112.28M -51.29M 19.44M 3.34M -38.04M -17.11M 62.59M -0.86M 49.70M 0.00M 0.00M 32.74M -8.39M
Accounts Receivable 136.10M -116.69M 44.20M -105.54M -25.49M 85.83M -41.00M -23.59M 5.94M -0.76M 12.33M -23.76M -3.21M -9.89M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 21.74M 4.39M 19.13M 27.39M 6.75M 107.60M -161.12M -77.73M 21.58M 49.04M -89.02M -43.30M -55.81M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable -23.64M 28.44M 17.34M -1.32M -1.22M 4.49M 6.47M -8.18M 1.17M -6.82M 1.19M -10.51M 17.31M 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 74.83M -40.47M 25.40M -3.26M -0.55M -17.35M 30.23M -5.03M -6.60M -2.98M 17.81M -34.71M -9.58M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 49.70M 0.00M 0.00M 32.74M -8.39M
Other Non-Cash Items -869.39M -55.06M -352.66M -89.81M -11.90M -2.12M -15.58M -45.53M -41.00M -32.33M -59.36M 13.65M -0.50M 178.07M 148.98M 145.57M 155.90M 100.31M 98.18M 143.89M 103.83M -39.13M -2.52M -4.20M
Net Cash from Operating Activities 675.09M 623.25M 837.38M 255.55M -25.31M 969.79M 271.99M 0.84M 211.30M 438.20M 450.53M 14.78M 26.26M 77.85M 56.45M 127.32M 120.45M 565.36M 198.37M 412.89M 314.17M 197.37M 107.05M 13.64M
Capital Expenditures (PPE) -577.80M -304.81M -338.60M -540.24M -413.32M -225.41M -8.05M -238.07M -177.90M -342.70M -360.14M -1,177.15M -10.36M -148.85M -16.61M -146.51M -384.95M -460.13M -150.79M -315.56M -1,383.12M -363.78M -295.96M -480.60M
Acquisitions (Net) 1,316.99M 209.53M 1,231.89M 363.27M 53.70M 4.00M -4.00M 267.25M 103.14M -3.02M 1.50M 1.00M 0.00M 0.00M 0.00M 0.00M 0.00M 223.54M 0.00M 0.00M 5.01M 0.00M 0.00M 0.00M
Purchases of Investments 0.00M 10.03M 0.00M -396.72M -55.86M -28.38M -31.81M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -56.77M 0.00M 0.00M -2.04M -0.13M 0.00M 0.00M
Sales / Maturities of Investments 0.00M 1.25M 0.00M 33.45M 2.16M 28.38M 31.81M 129.94M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 12.03M 17.28M 0.00M 4.39M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities 170.66M -19.56M -23.61M 381.40M 60.07M 104.30M 55.80M 160.86M 137.66M 245.10M 152.77M 153.14M 52.94M 47.80M 52.19M 112.10M 0.18M -0.51M 118.48M 86.23M 15.26M 58.27M 445.83M 620.17M
Net Cash from Investing Activities 909.85M -103.55M 869.68M -158.85M -353.25M -117.11M 43.75M 190.04M -40.24M -100.62M -205.87M -1,023.01M 42.59M -101.04M 35.59M -34.41M -372.74M -276.61M -32.31M -224.94M -1,364.88M -305.64M 149.87M 139.56M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Issuance -1.47M 1.55M 0.00M 1.10M 0.00M 893.83M 1,224.13M 983.88M 0.00M 740.29M 237.33M 475.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 357.70M 0.00M 0.00M 0.00M
Common Stock Repurchased -116.39M -0.04M 0.00M -1.10M 0.00M -118.49M -30.97M -1.66M 0.00M -6.16M 695.77M 1,545.39M 0.00M 0.00M 0.00M 0.00M -1.16M -48.76M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -1,187.20M -358.78M -630.54M -24.22M -24.21M -352.04M -26.02M -22.64M -44.13M -216.84M -138.00M 0.00M 0.00M -0.05M -0.06M -6.57M -113.22M -139.43M -119.02M -105.18M -92.82M -81.69M -44.08M -15.74M
Common Dividends Paid -1,187.20M -358.78M -630.54M -24.22M -24.21M -352.04M -26.02M -22.64M -44.13M -216.84M -138.00M 0.00M 0.00M -0.05M -0.06M -6.57M -113.22M -139.43M -119.02M -105.18M -92.82M -81.69M -44.08M -15.74M
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
Other Financing Activities -217.53M -275.01M -830.35M -38.67M 398.11M -647.66M -165.17M -137.52M -190.84M -44.32M -227.31M 1,189.02M -93.37M -16.54M -72.32M -105.58M 345.82M 105.04M -151.50M -75.61M 1,138.33M 190.29M -118.38M -224.56M
Net Cash from Financing Activities -1,404.73M -633.78M -1,460.89M -62.90M 373.89M -999.70M -191.19M -160.17M -234.98M -261.16M -365.32M 1,189.02M -93.38M -16.59M -72.38M -112.15M 232.60M -34.39M -270.52M -180.79M 1,045.50M 108.60M -162.46M -240.30M
Effect of FX on Cash -0.84M 1.39M 3.27M -6.41M -4.29M 11.55M -0.73M -1.23M 0.88M -1.40M -1.77M -1.02M -0.56M 0.20M -1.13M 0.65M -1.09M 0.28M -7.16M 4.68M -5.17M 5.95M -256.92M -153.21M
Net Change in Cash 179.26M -112.69M 249.44M 27.40M -8.95M -135.48M 123.82M 29.49M -63.04M 75.03M -122.42M 179.78M -25.09M -39.57M 18.52M -18.59M -20.78M 254.64M -111.62M 11.85M -10.37M 6.28M -162.46M -240.30M
Cash at Beginning of Period 1,262.90M 870.07M 179.93M 152.53M 161.48M 296.95M 173.13M 143.65M 206.69M 131.66M 254.09M 74.31M 145.84M 185.41M 166.89M 185.48M 206.26M -48.38M 63.24M 51.39M 61.76M 55.48M 0.00M 0.00M
Cash at End of Period 1,442.17M 757.38M 429.37M 179.93M 152.53M 161.48M 296.95M 173.13M 143.65M 206.69M 131.66M 254.09M 120.75M 145.84M 185.41M 166.89M 185.48M 206.26M -48.38M 63.24M 51.39M 61.76M -162.46M -240.30M
Operating Cash Flow 680.22M 623.25M 837.38M 255.55M -25.31M 955.37M 271.99M 0.84M 211.30M 438.20M 450.53M 14.78M 26.26M 77.85M 56.45M 127.32M 120.45M 565.36M 198.37M 412.89M 314.17M 197.37M 107.05M 13.64M
Capital Expenditure -578.87M -304.81M -338.66M -540.24M -413.32M -225.41M -8.05M -238.07M -177.90M -342.70M -360.14M -1,177.15M -10.36M -148.85M -16.61M -146.51M -384.95M -460.13M -150.79M -315.56M -1,383.12M -363.78M -295.96M -480.60M
Free Cash Flow 101.35M 318.45M 498.72M -284.69M -438.62M 729.96M 263.94M -237.22M 33.39M 95.50M 90.39M -1,162.36M 15.90M -70.99M 39.84M -19.20M -264.50M 105.23M 47.59M 97.33M -1,068.95M -166.41M -188.91M -466.96M

Free Cash Flow

Metric TTM TTM-1 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31
EBITDA 594.52M 767.77M 767.70M 384.41M -9.29M 769.12M 514.18M 175.47M 222.87M 402.74M 549.45M 156.20M 126.98M -26.43M 294.05M 441.85M 397.20M 739.97M 434.30M 566.50M 470.42M 351.76M 227.95M 208.82M
(-) Tax Adjustment 5.98M 7.45M 5.34M 5.23M -0.01M 3.15M 3.21M 0.00M 10.07M 0.00M 10.17M 10.96M 0.00M -0.16M 0.00M 2.54M 15.56M 4.59M 6.31M 3.25M 2.06M 13.45M 79.78M 73.09M
(-) Change In Working Capital 126.80M -124.33M 105.88M -82.73M -20.50M 180.58M -165.42M -114.53M 22.08M 38.49M -57.69M -112.28M -51.29M 19.44M 3.34M -38.04M -17.11M 62.59M -0.86M 49.70M 0.00M 0.00M 32.74M -8.39M
(-) Capital Expenditure -578.87M -304.81M -338.66M -540.24M -413.32M -225.41M -8.05M -238.07M -177.90M -342.70M -360.14M -1,177.15M -10.36M -148.85M -16.61M -146.51M -384.95M -460.13M -150.79M -315.56M -1,383.12M -363.78M -295.96M -480.60M
Unlevered Free Cash Flow -117.13M 579.84M 317.81M -78.34M -402.09M 359.99M 668.33M 51.94M 12.81M 21.56M 236.83M -919.63M 167.91M -194.55M 274.10M 330.84M 13.81M 212.66M 278.06M 198.00M -914.75M -25.47M -180.53M -336.47M
(-) Net Interest Income After Taxes -47.45M -131.23M -111.50M -104.43M -80.51M -69.77M -98.61M -74.39M -41.50M -44.84M -46.76M -83.07M -58.29M -59.67M -54.73M -69.05M -46.36M -87.85M -77.38M -67.90M -48.21M 0.00M -0.82M 36.15M
Net Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Levered Free Cash Flow -69.68M 711.07M 429.31M 26.09M -321.59M 429.76M 766.94M 126.33M 54.31M 66.40M 283.59M -836.56M 226.20M -134.88M 328.84M 399.89M 60.17M 300.50M 355.43M 265.89M -866.55M -25.47M -179.72M -372.62M