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Page: Company Financials

EZTEC Empreendimentos e Participações S.A.

Ticker: EZTC3.SA | Industry: Real Estate - Development | Sector: Real Estate
$15.33 -0.12 (-0.78%)
As of: 2026-01-27

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 15.19 12.70 15.37 15.20 23.15 31.78 29.13 14.05 13.35 8.85 7.28 10.61 12.40 10.12 6.19 4.22 2.17
Market Capitalization 3,317.04M 2,784.18M 3,388.87M 3,309.25M 5,198.69M 7,111.79M 6,221.91M 2,809.53M 2,671.17M 1,768.43M 1,422.77M 2,121.76M 2,479.90M 2,027.11M 1,229.04M 835.01M 437.63M
(-) Cash & Equivalents 59.65M 43.28M 46.86M 51.01M 68.78M 123.76M 64.31M 26.55M 74.22M 91.26M 86.44M 71.23M 47.05M 86.67M 238.58M 141.66M 32.11M
(+) Total Debt 1,523.39M 1,017.80M 748.11M 370.74M 28.87M 14.32M 78.36M 119.99M 306.65M 292.98M 163.72M 434.88M 178.92M 113.56M 42.91M 37.61M 16.73M
Enterprise Value 4,780.77M 3,758.69M 4,090.11M 3,628.98M 5,158.78M 7,002.35M 6,235.96M 2,902.98M 2,903.60M 1,970.15M 1,500.04M 2,485.41M 2,611.77M 2,054.00M 1,033.37M 730.97M 422.24M

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 1,656M 1,472M 1,561M 1,086M 1,121M 958M 937M 804M 391M 980M 572M 814M 951M 1,139M 632M 744M 636M 506M 334M 186M 14M 82M 47M
Cost of Revenue 980M 987M 1,028M 740M 737M 516M 534M 476M 249M 546M 302M 397M 451M 543M 293M 369M 339M 302M 174M 90M 5M 42M 21M
Gross Profit 676M 485M 533M 346M 384M 442M 403M 328M 142M 435M 270M 417M 500M 596M 339M 376M 298M 204M 160M 96M 9M 40M 26M
Gross Profit Margin 40.8% 32.9% 34.1% 31.8% 34.3% 46.1% 43.0% 40.8% 36.3% 44.3% 47.2% 51.2% 52.6% 52.3% 53.7% 50.5% 46.8% 40.2% 48.0% 51.5% 65.2% 48.6% 54.5%
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 214M 188M 196M 252M 166M 199M 130M 137M 111M 120M 102M 97M 109M 88M 59M 85M 71M 43M 61M 30M 2M 7M 6M
Operating Expenses 275M 270M 278M 252M 232M 209M 177M 172M 157M 169M 154M 146M 167M 138M 96M 87M 70M 44M 85M 67M 4M 8M 7M
Operating Income (EBIT) 401M 215M 255M 94M 153M 233M 226M 157M -15M 265M 116M 271M 333M 459M 243M 289M 227M 160M 75M 29M 5M 32M 19M
Operating Income Margin 24.2% 14.6% 16.3% 8.7% 13.6% 24.3% 24.2% 19.5% -3.8% 27.1% 20.3% 33.2% 35.0% 40.3% 38.5% 38.8% 35.7% 31.5% 22.6% 15.5% 38.8% 38.6% 39.4%
Interest Income 153M 70M 156M 38M 66M 188M 150M 65M 96M 27M 37M 45M 35M 33M 32M 35M 44M 22M 43M 28M 2M 5M 2M
Interest Expense 68M 36M 41M 46M 32M 19M 15M 7M 13M 14M 1M 2M 0M 1M 0M 1M 3M 1M 1M 5M 0M 0M 0M
Net Interest Income 85M 34M 115M -8M 35M 168M 136M 58M 83M 13M 36M 43M 35M 33M 31M 34M 41M 20M 42M 23M 2M 4M 1M
Unusual Items 120M 170M 97M 188M 190M 77M 72M 98M 43M 106M 96M 159M 129M 124M 76M 30M 0M 0M 0M 0M 0M 0M 0M
EBT Excluding Unusual Items 486M 249M 370M 86M 187M 402M 362M 215M 69M 278M 153M 314M 368M 491M 275M 323M 268M 180M 117M 52M 7M 36M 20M
Pre-Tax Income 605M 419M 466M 274M 378M 478M 434M 313M 112M 384M 248M 473M 497M 615M 350M 353M 268M 180M 117M 52M 7M 36M 20M
Pre-Tax Margin 36.5% 28.5% 29.9% 25.2% 33.7% 49.9% 46.4% 38.9% 28.7% 39.2% 43.4% 58.1% 52.2% 54.0% 55.4% 47.4% 42.1% 35.6% 35.0% 27.9% 53.7% 43.9% 42.5%
Income Tax Expense 47M 35M 38M 28M 36M 26M 19M 23M 10M 23M 16M 29M 23M 26M 12M 22M 23M 17M 16M 6M 1M 3M 2M
Net Income 544M 361M 405M 239M 325M 430M 405M 281M 98M 359M 230M 444M 474M 586M 336M 329M 245M 163M 102M 46M 7M 33M 18M
Net Income Margin 32.8% 24.5% 25.9% 22.1% 29.0% 44.9% 43.3% 34.9% 25.0% 36.6% 40.2% 54.5% 49.9% 51.4% 53.2% 44.2% 38.6% 32.2% 30.6% 24.6% 48.5% 40.2% 39.2%
Depreciation & Amortization 15M 32M 29M 24M 13M 5M 9M 10M 3M 4M 7M 8M 10M 11M 3M 3M 1M 0M 1M 2M 0M 0M 0M
EBITDA 416M 248M 284M 118M 166M 238M 236M 166M -11M 270M 124M 279M 342M 470M 246M 291M 228M 160M 76M 31M 5M 32M 19M
EBITDA Margin 25.1% 16.8% 18.2% 10.9% 14.8% 24.9% 25.1% 20.7% -2.9% 27.5% 21.6% 34.2% 36.0% 41.2% 38.9% 39.1% 35.9% 31.6% 22.9% 16.8% 39.1% 38.7% 39.6%
NOPAT 370M 197M 234M 84M 138M 220M 216M 145M -13M 250M 109M 254M 317M 439M 235M 270M 208M 145M 65M 25M 5M 29M 17M
NOPAT Margin 22.3% 13.4% 15.0% 7.8% 12.3% 23.0% 23.1% 18.1% -3.4% 25.5% 19.0% 31.2% 33.3% 38.5% 37.2% 36.3% 32.7% 28.6% 19.4% 13.7% 36.0% 35.5% 36.3%
Owner's Earnings 539M 384M 422M 260M 320M 400M 414M 287M 101M 360M 237M 451M 453M 593M 331M 330M 241M 163M 101M 47M 7M 33M 19M
Owner's Earnings Margin 32.6% 26.1% 27.1% 24.0% 28.5% 41.8% 44.2% 35.6% 25.8% 36.7% 41.5% 55.4% 47.6% 52.0% 52.4% 44.3% 37.8% 32.1% 30.2% 25.4% 48.1% 40.3% 39.3%
EPS (Basic) 2.47 1.66 1.85 1.10 1.48 1.90 1.79 1.43 0.49 1.79 1.18 2.38 2.54 2.93 1.68 1.65 1.25 0.84 0.51 0.23 0.03 0.16 0.09
EPS (Diluted) 2.47 1.64 1.85 1.10 1.48 1.90 1.79 1.43 0.49 1.79 1.18 2.38 2.54 2.93 1.68 1.65 1.26 0.83 0.51 0.23 0.03 0.16 0.09
Shares (Basic) 220M 221M 218M 218M 220M 226M 227M 227M 200M 200M 196M 186M 187M 200M 200M 199M 195M 196M 200M 200M 203M 203M 203M
Shares (Diluted) 220M 220M 218M 218M 220M 226M 227M 196M 200M 200M 196M 186M 187M 200M 200M 199M 195M 195M 200M 200M 203M 203M 203M

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 72.15M 47.65M 69.48M 84.19M 41.89M 62.05M 77.35M 74.88M 29.36M 70.85M 103.88M 78.84M 128.41M 62.81M 38.47M 215.79M 163.33M 128.45M 189.70M 14.23M 5.62M 5.51M 2.58M
Short-Term Investments 1,161.03M 1,141.77M 699.05M 678.09M 719.57M 835.65M 999.36M 1,232.03M 465.12M 490.66M 459.98M 314.49M 106.07M 136.52M 112.21M 69.22M 29.18M 0.00M 0.00M 394.86M 5.20M 0.00M 0.00M
Cash & Short-Term Investments 1,233.18M 1,189.42M 768.53M 762.28M 761.46M 897.69M 1,076.71M 1,306.91M 494.47M 561.51M 563.86M 393.33M 234.48M 199.33M 150.68M 285.01M 192.51M 128.45M 189.70M 409.09M 10.82M 5.51M 2.58M
Net Receivables 520.17M 598.22M 434.95M 296.20M 322.50M 336.53M 277.10M 227.02M 172.40M 347.54M 622.34M 528.68M 1,060.11M 876.49M 227.66M 265.21M 297.13M 263.19M 107.50M 45.45M 29.96M 26.42M 17.21M
Inventory 1,197.37M 1,333.29M 1,378.33M 1,422.58M 1,209.55M 923.32M 756.99M 840.09M 945.52M 781.34M 1,042.90M 814.91M 635.96M 504.61M 403.54M 232.82M 0.00M 0.00M 147.32M 144.50M 65.08M 0.00M 0.00M
Other Current Assets 9.47M 13.54M 10.83M 21.10M 16.56M 45.53M 36.88M 70.47M 32.55M 23.51M 33.99M 42.51M 62.62M 15.23M 546.57M 1.27M 301.50M 231.67M 0.93M 0.78M 0.50M 63.11M 65.90M
Total Current Assets 2,960.19M 3,134.47M 2,592.64M 2,502.14M 2,310.07M 2,203.07M 2,147.66M 2,444.50M 1,644.94M 1,713.91M 2,263.09M 1,779.43M 1,993.18M 1,595.66M 1,328.46M 784.30M 791.14M 623.31M 445.44M 599.81M 106.37M 95.04M 85.69M
Property, Plant & Equipment 44.03M 36.50M 36.15M 34.19M 50.92M 45.34M 17.75M 20.50M 3.33M 3.38M 1.11M 2.84M 4.30M 5.64M 5.91M 5.53M 6.11M 1.99M 1.80M 0.91M 0.60M 0.49M 0.29M
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 6.17M 3.15M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 3.15M 3.10M 2.96M 2.20M 1.79M 1.18M 0.80M 1.21M 2.01M 2.92M 4.00M 5.46M 6.69M 6.18M 5.22M 3.16M 2.63M 1.87M 1.67M 0.45M 0.17M 0.00M 0.00M
Long-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 10.18M 98.52M -29.18M 0.00M -179.85M 0.00M 0.00M 0.00M 0.00M
Tax Assets 0.00M 0.00M 699.05M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 127.13M 0.00M 29.18M 0.00M 179.85M 0.00M 0.00M 0.48M 0.24M
Other Non-Current Assets 4,000.99M 3,857.05M 3,112.27M 3,332.07M 3,143.26M 2,825.91M 2,550.24M 1,809.71M 1,323.79M 1,383.54M 1,247.97M 1,503.28M 1,411.71M 1,241.92M 918.28M 821.40M 610.34M 505.90M 643.48M 309.87M 143.18M 49.33M 23.31M
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 -227.66M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 4,048.17M 3,896.65M 3,850.43M 3,368.46M 3,195.97M 2,872.43M 2,568.79M 1,831.42M 1,329.14M 1,389.84M 1,253.08M 1,511.59M 1,422.70M 1,253.74M 839.06M 928.61M 619.07M 515.93M 650.09M 311.23M 143.94M 50.30M 23.84M
Total Assets 7,008.35M 7,031.12M 6,443.07M 5,870.61M 5,506.05M 5,075.50M 4,716.45M 4,275.92M 2,974.08M 3,103.75M 3,516.17M 3,291.02M 3,415.88M 2,849.40M 2,167.52M 1,712.91M 1,410.21M 1,139.24M 1,095.53M 911.04M 250.31M 145.34M 109.53M
Accounts Payable 93.49M 58.97M 66.69M 52.61M 90.61M 81.43M 73.67M 48.05M 56.67M 64.50M 67.75M 48.52M 80.50M 54.52M 30.15M 36.51M 20.11M 25.44M 10.53M 91.73M 0.17M 1.29M 1.23M
Short-Term Debt 258.71M 61.58M 85.96M 137.34M 64.32M 6.21M 0.00M 16.59M 25.83M 125.79M 224.96M 56.81M 456.49M 20.35M 50.68M 0.02M 24.69M 17.56M 0.61M 0.39M 0.00M 0.00M 0.00M
Tax Payables 18.57M 15.69M 22.69M 26.10M 24.66M 26.15M 25.21M 21.39M 16.83M 15.01M 12.69M 7.82M 8.00M 5.85M 6.06M 4.18M 0.00M 3.29M 2.29M 0.00M 1.30M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.85M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 117.04M 143.30M 119.74M 201.73M 343.12M 411.12M 335.48M 262.70M 53.72M 48.47M 53.97M 85.54M 92.23M 64.97M 65.43M 50.94M 82.15M 27.22M 7.47M 20.32M 12.54M 5.13M 6.54M
Total Current Liabilities 487.81M 279.56M 295.08M 417.78M 523.56M 524.92M 434.36M 348.72M 153.04M 253.77M 359.36M 198.69M 637.22M 145.69M 152.32M 91.65M 126.95M 73.50M 20.90M 112.44M 14.01M 6.42M 7.77M
Long-Term Debt 1,139.43M 1,470.13M 1,050.42M 719.70M 464.06M 23.15M 4.56M 24.94M 65.51M 109.86M 128.51M 170.91M 50.48M 272.58M 53.72M 48.63M 0.00M 49.35M 13.66M 0.49M 0.39M 0.00M 0.00M
Capital Lease Obligations 21.31M 21.87M 22.99M 8.37M 11.05M 13.47M 11.39M 13.66M 0.00M 0.00M 0.00M 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 62.21M 54.22M 53.56M 35.85M 28.63M 27.23M 35.00M 34.29M 22.97M 21.61M 18.01M 23.13M 12.54M 0.00M 18.65M 32.37M 24.98M 20.28M 17.01M 8.74M 5.79M 3.35M 0.64M
Other Non-Current Liabilities 45.48M 50.27M 77.81M 10.59M 18.29M 175.77M 141.73M 66.15M 44.20M 19.14M 80.18M 72.79M 69.00M 62.78M 11.05M 13.47M 48.69M 7.73M 23.61M 31.94M 15.93M 13.18M 12.87M
Total Non-Current Liabilities 1,268.43M 1,596.49M 1,204.79M 774.51M 522.04M 239.62M 192.68M 139.04M 132.68M 150.61M 226.71M 266.83M 132.02M 335.36M 83.42M 94.46M 73.67M 77.35M 54.28M 41.16M 22.11M 16.53M 13.51M
Total Liabilities 1,756.24M 1,876.04M 1,499.87M 1,192.28M 1,045.60M 764.54M 627.05M 487.76M 285.71M 404.38M 586.07M 465.52M 769.24M 481.05M 235.74M 186.11M 200.61M 150.85M 75.18M 153.60M 36.12M 22.94M 21.28M
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 2,889.00M 2,889.00M 2,889.00M 2,889.00M 2,889.00M 2,889.00M 2,889.00M 2,889.00M 1,356.70M 1,356.70M 1,356.70M 1,220.00M 1,050.00M 1,050.00M 1,050.00M 724.07M 724.07M 724.07M 724.07M 724.07M 165.20M 58.96M 48.72M
Retained Earnings 417.46M 2,230.46M 2,018.81M 1,860.30M 1,677.70M 1,561.86M 0.00M 0.00M 0.00M 0.00M 1,482.24M 1,493.41M 1,374.85M 0.00M 0.00M 0.00M 0.00M 0.00M 75.05M 26.19M 5.14M 63.23M 32.46M
Accumulated OCI 0.00M -96.58M -96.58M -96.58M -90.17M -90.17M -90.17M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.34M 0.00M 0.00M
Minority Interest 87.56M 87.32M 78.79M 59.24M 69.30M 85.61M 65.01M 47.51M 27.30M 29.06M 16.58M 3.26M 3.08M 8.99M 21.83M 6.87M 18.12M 12.23M 10.67M 1.45M 1.79M 0.43M 0.25M
Total Shareholders’ Equity 3,306.46M 5,022.88M 4,811.22M 4,652.71M 4,476.53M 4,360.69M 2,798.83M 2,889.00M 1,356.70M 1,356.70M 2,838.95M 2,713.41M 2,424.85M 1,050.00M 1,050.00M 724.07M 724.07M 724.07M 799.12M 750.26M 170.67M 122.19M 81.18M
Total Equity 3,394.01M 5,110.20M 4,890.01M 4,711.95M 4,545.83M 4,446.30M 2,863.84M 2,936.50M 1,384.00M 1,385.76M 2,855.53M 2,716.67M 2,427.93M 1,058.99M 1,071.83M 730.94M 742.19M 736.30M 809.78M 751.71M 172.46M 122.62M 81.44M
Total Liabilities & Equity 5,150.25M 6,986.25M 6,389.88M 5,904.23M 5,591.42M 5,210.83M 3,490.89M 3,424.26M 1,669.71M 1,790.15M 3,441.60M 3,182.19M 3,197.17M 1,540.04M 1,307.57M 917.05M 942.81M 887.14M 884.96M 905.31M 208.58M 145.56M 102.72M
Tangible Assets 7,005.21M 7,028.02M 6,440.11M 5,868.40M 5,504.26M 5,074.32M 4,715.65M 4,274.71M 2,972.06M 3,100.83M 3,512.17M 3,285.56M 3,409.18M 2,843.22M 2,162.30M 1,709.75M 1,407.58M 1,131.20M 1,090.71M 910.59M 250.15M 145.34M 109.53M
Tangible Equity 3,390.87M 5,107.10M 4,887.05M 4,709.74M 4,544.04M 4,445.12M 2,863.04M 2,935.29M 1,381.99M 1,382.84M 2,851.53M 2,711.21M 2,421.23M 1,052.81M 1,066.61M 727.78M 739.57M 728.25M 804.97M 751.26M 172.29M 122.62M 81.44M
Tangible Book Value 3,390.87M 5,107.10M 4,887.05M 4,709.74M 4,544.04M 4,445.12M 2,863.04M 2,935.29M 1,381.99M 1,382.84M 2,851.53M 2,711.21M 2,421.23M 1,052.81M 1,066.61M 727.78M 739.57M 728.25M 804.97M 751.26M 172.29M 122.62M 81.44M
Total Investments 1,161.03M 1,141.77M 699.05M 678.09M 719.57M 835.65M 999.36M 1,232.03M 465.12M 490.66M 459.98M 314.49M 106.07M 136.52M 122.40M 167.73M 0.00M 0.00M -179.85M 394.86M 5.20M 0.00M 0.01M
Net Debt 1,325.99M 1,484.06M 1,066.91M 772.86M 486.49M -32.69M -72.79M -33.35M 61.98M 164.80M 249.59M 148.88M 378.56M 230.12M 65.94M -167.14M -138.64M -61.54M -175.43M -13.36M -5.22M -5.51M -2.58M

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 2,437.3M 2,800.0M 2,233.7M 2,108.2M 1,862.0M 1,732.9M 1,757.4M 2,114.4M 1,440.5M 1,325.2M 1,818.0M 1,460.8M 1,126.1M 1,192.1M 1,034.2M 571.1M 600.4M 492.5M 374.3M 481.6M 51.1M 89.1M 71.4M
Total Capital 6,552.4M 6,569.6M 5,963.7M 5,510.4M 5,008.2M 4,326.3M 4,087.0M 3,817.2M 2,701.1M 2,771.0M 3,181.3M 2,930.0M 2,920.7M 2,394.4M 1,759.1M 1,447.0M 1,123.2M 979.6M 793.9M 751.1M 170.7M 122.4M 81.4M
Capital Employed 6,485.5M 6,696.7M 6,084.2M 5,476.7M 5,057.9M 4,605.4M 4,326.2M 3,945.8M 2,769.7M 2,715.0M 3,071.1M 2,972.4M 2,548.8M 2,445.8M 1,746.2M 1,499.7M 1,190.3M 1,002.2M 844.6M 792.9M 195.1M 139.4M 95.2M
Invested Capital 6,480.3M 6,521.9M 5,894.2M 5,426.2M 4,966.3M 4,264.2M 4,009.6M 3,742.4M 2,671.7M 2,700.1M 3,077.4M 2,851.2M 2,792.3M 2,331.6M 1,720.6M 1,231.2M 959.9M 851.1M 604.2M 736.9M 165.1M 116.9M 78.9M

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 558.67M 360.76M 428.72M 239.47M 342.11M 452.14M 415.03M 290.46M 102.16M 361.47M 232.28M 444.47M 474.32M 588.75M 338.54M 328.97M 0.00M 0.00M 116.99M 45.92M 0.00M 33.09M 18.47M
Depreciation & Amortization 15.29M 32.40M 29.21M 24.37M 13.22M 4.83M 9.24M 9.54M 3.40M 4.45M 7.17M 8.13M 9.72M 11.04M 2.86M 1.74M 1.04M 0.35M 1.48M 2.43M 0.03M 0.05M 0.08M
Deferred Income Tax 0.00M -0.20M 0.00M 0.00M 0.28M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -135.48M -263.92M -268.85M -380.58M -504.78M -207.28M -275.59M -93.00M 157.43M 488.24M -54.87M -233.17M -358.28M -421.47M -348.89M -213.92M -128.60M -270.52M -355.23M -195.03M -12.16M -40.31M -47.16M
Accounts Receivable -235.80M -359.44M -484.58M -95.57M 49.75M 236.64M -49.85M -167.57M 151.63M 278.00M 100.34M -51.95M -61.17M -297.64M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 44.08M -12.42M 129.78M -321.73M -446.11M -586.05M -304.88M 50.44M -58.55M 295.87M -159.02M -242.75M -320.23M -148.66M -116.90M 0.00M 0.00M 0.00M -137.15M -133.28M -8.54M 0.00M 0.00M
Accounts Payable 1.23M 1.77M 2.57M -1.92M 5.05M 3.14M 22.29M 7.81M -1.54M -4.05M -2.36M -23.51M 0.00M 0.00M 0.00M 0.00M -2.33M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 55.00M 106.16M 83.38M 38.64M -113.47M 139.00M 56.85M 16.32M 65.88M -81.58M 6.16M 85.04M 23.12M 24.82M -232.00M -213.92M -126.27M -270.52M -218.08M -61.75M -3.62M -40.31M -47.16M
Other Non-Cash Items -137.89M -163.87M -218.07M -111.85M -200.49M -245.24M -208.36M -123.24M -123.35M -118.85M -66.81M -145.38M -121.12M -154.72M -128.05M -7.32M 240.80M 176.37M 27.10M 7.64M 10.26M 2.64M 3.76M
Net Cash from Operating Activities 300.59M -34.84M -28.99M -228.60M -349.66M 4.45M -59.68M 83.76M 139.64M 735.31M 117.76M 74.06M 4.65M 23.60M -135.55M 109.47M 113.24M -93.81M -209.66M -139.04M -1.88M -4.52M -24.85M
Capital Expenditures (PPE) -19.92M -9.41M -11.64M -3.45M -18.09M -34.56M -0.71M -3.94M -0.07M -3.04M -0.12M -0.95M -31.30M -4.31M -4.60M -1.70M -5.90M -0.76M -2.40M -1.00M -0.08M 0.00M 0.00M
Acquisitions (Net) -29.58M 29.86M -42.72M -76.56M -71.24M -39.85M -62.28M -138.51M -17.71M -63.73M -3.49M -22.92M -49.87M -88.52M -18.24M -75.37M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -2,386.86M -1,564.64M -1,507.75M -1,474.94M -1,449.23M -1,608.38M -1,898.87M -2,393.60M -323.90M -1,461.71M -322.89M -571.09M -363.83M -415.79M -112.36M 0.00M -27.15M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments 2,228.51M 1,541.41M 1,566.00M 1,603.44M 1,669.03M 1,808.39M 2,110.93M 1,650.23M 379.07M 1,492.45M 229.39M 400.33M 414.89M 398.96M 75.07M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities 4.75M -95.76M 26.53M 16.69M 0.36M 41.99M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 28.19M 0.00M 0.01M 38.86M 0.00M 0.00M -0.97M -5.15M 0.00M -0.45M -0.02M
Net Cash from Investing Activities -203.10M -98.54M 30.40M 65.18M 130.84M 167.58M 149.07M -885.82M 37.39M -36.03M -97.12M -194.63M -1.93M -109.67M -60.11M -38.21M -33.05M -0.76M -3.37M -6.15M -0.08M -0.45M -0.02M
Net Debt Issuance 249.93M 268.40M 276.77M 317.01M 487.77M 21.19M -40.43M -53.29M -144.10M -118.65M 121.37M 233.93M 207.60M 192.11M 53.01M 3.18M -10.66M 52.04M 13.70M 0.83M 3.90M 0.00M 0.00M
Long-Term Debt Issuance 249.93M 268.40M 276.77M 317.01M 487.77M 21.19M -40.43M -53.29M -144.10M -118.65M 121.37M 233.93M 207.60M 192.11M 53.01M 3.18M -10.66M 52.04M 13.70M 0.83M 3.90M 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
Net Stock Issuance 0.00M 0.00M 0.00M 0.00M -61.40M -115.53M 0.00M 938.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 48.98M 0.00M -1.84M -18.37M 542.15M 0.01M 10.24M 25.94M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 978.75M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 48.98M 0.00M 0.00M 0.00M 542.15M 0.01M 10.24M 25.94M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M -61.40M -115.53M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -1.84M -18.37M 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 -40.75M 0.00M 0.00M 0.00M 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 -300.37M -63.48M -235.68M -44.69M -171.79M -96.24M -66.76M -23.17M -85.22M -620.76M -155.45M -162.65M -139.17M -79.84M -78.13M -57.89M -38.70M -18.19M -10.91M -2.00M -1.00M -2.32M -2.66M
Common Dividends Paid -300.37M -63.48M -235.68M -44.69M -171.79M -96.24M -66.76M -23.17M -85.22M -620.76M -155.45M -162.65M -139.17M -79.84M -78.13M -57.89M -38.70M -18.19M -10.91M -2.00M -1.00M -2.32M -2.66M
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
Other Financing Activities -13.33M -72.48M -45.03M -78.79M -51.37M -1.30M 20.26M -13.96M 10.80M 7.11M 38.47M -0.27M -5.55M -1.87M -1.15M -0.46M 4.04M 1.30M 9.22M 2.48M 9.88M -0.02M 1.02M
Net Cash from Financing Activities -63.77M 132.45M -3.93M 193.53M 203.21M -191.88M -86.92M 847.59M -218.52M -732.30M 4.39M 71.01M 62.88M 110.41M -26.28M -6.20M -45.32M 33.32M -6.36M 543.45M 12.78M 7.91M 24.30M
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 33.72M -0.93M -2.52M 30.11M -15.61M -19.85M 2.47M 45.53M -41.49M -33.03M 25.04M -49.57M 65.60M 24.34M -177.32M 65.07M 34.88M -61.25M -219.39M 398.27M 10.82M 2.93M -0.58M
Cash at Beginning of Period 214.72M 176.59M 72.00M 41.89M 57.50M 77.35M 74.88M 29.36M 70.85M 103.88M 78.84M 128.41M 62.81M 38.47M 215.79M 163.33M 128.45M 189.70M 409.09M 10.82M 0.00M 2.58M 3.16M
Cash at End of Period 248.44M 175.66M 69.48M 72.00M 41.89M 57.50M 77.35M 74.88M 29.36M 70.85M 103.88M 78.84M 128.41M 62.81M 38.47M 228.39M 163.33M 128.45M 189.70M 409.09M 10.82M 5.51M 2.58M
Operating Cash Flow 300.59M -34.84M -28.99M -228.60M -349.66M 4.45M -59.68M 83.76M 139.64M 735.31M 117.76M 74.06M 4.65M 23.60M -90.93M 109.47M 113.24M -93.81M -209.66M -139.04M -1.88M -4.52M -24.85M
Capital Expenditure -19.92M -9.41M -11.64M -3.45M -18.09M -34.56M -0.71M -3.94M -0.07M -3.04M -0.12M -0.95M -31.30M -4.31M -7.64M -1.70M -5.90M -0.76M -2.40M -1.00M -0.08M 0.00M 0.00M
Free Cash Flow 280.67M -44.25M -40.64M -232.05M -367.75M -25.57M -60.39M 79.82M 139.57M 732.27M 117.64M 73.11M -26.65M 19.29M -98.57M 107.77M 107.34M -94.57M -212.06M -140.04M -1.96M -4.52M -24.85M

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 477.03M 329.05M 365.78M 118.35M 231.72M 247.46M 282.85M 200.82M 34.26M 319.32M 175.25M 327.60M 401.27M 518.81M 283.09M 293.30M 227.40M 160.71M 100.31M 68.01M 7.10M 32.88M 20.13M
(-) Tax Adjustment 36.81M 27.84M 29.57M 12.03M 21.95M 13.50M 12.48M 14.57M 3.05M 18.90M 11.40M 19.94M 18.67M 22.17M 9.64M 18.57M 19.21M 15.00M 13.98M 8.06M 0.52M 2.61M 1.59M
(-) Change In Working Capital -135.48M -263.92M -268.85M -380.58M -504.78M -207.28M -275.59M -93.00M 157.43M 488.24M -54.87M -233.17M -358.28M -421.47M -348.89M -213.92M -128.60M -270.52M -355.23M -195.03M -12.16M -40.31M -47.16M
(-) Capital Expenditure -19.92M -9.41M -11.64M -3.45M -18.09M -34.56M -0.71M -3.94M -0.07M -3.04M -0.12M -0.95M -31.30M -4.31M -7.64M -1.70M -5.90M -0.76M -2.40M -1.00M -0.08M 0.00M 0.00M
Unlevered Free Cash Flow 555.78M 555.74M 593.42M 483.45M 696.46M 406.68M 545.26M 275.31M -126.29M -190.85M 218.59M 539.87M 709.58M 913.80M 614.70M 486.97M 330.89M 415.47M 439.16M 253.98M 18.66M 70.58M 65.70M
(-) Net Interest Income After Taxes 78.34M 31.34M 105.55M -7.07M 31.42M 159.30M 129.80M 53.97M 75.97M 12.08M 33.76M 40.50M 33.72M 31.30M 30.20M 32.07M 37.47M 18.50M 35.84M 20.39M 1.91M 4.03M 1.32M
Net Debt Issuance 249.93M 268.40M 276.77M 317.01M 487.77M 21.19M -40.43M -53.29M -144.10M -118.65M 121.37M 233.93M 207.60M 192.11M 53.01M 3.18M -10.66M 52.04M 13.70M 0.83M 3.90M 0.00M 0.00M
Levered Free Cash Flow 727.36M 792.79M 764.64M 807.53M 1,152.81M 268.58M 375.03M 168.06M -346.35M -321.59M 306.20M 733.30M 883.46M 1,074.61M 637.51M 458.07M 282.76M 449.02M 417.02M 234.42M 20.65M 66.55M 64.38M