Page: Company Financials
Kalpataru Projects International Limited
$1,107.05
+5.00 (0.45%)
As of: 2026-01-23
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2005 |
|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 1,155.07 | 1,237.84 | 604.63 | 425.94 | 395.39 | 241.21 | 479.65 | 372.47 | 76.49 |
| Market Capitalization | 196,328.53M | 201,681.06M | 97,914.20M | 64,654.51M | 60,100.12M | 36,322.33M | 73,831.63M | 57,204.39M | 8,307.96M |
| (-) Cash & Equivalents | 8,403.83M | 1,888.60M | -312.25M | -452.83M | -458.35M | -676.38M | -391.31M | -1,027.13M | 0.00M |
| (+) Total Debt | 30,470.43M | 22,169.08M | 19,387.50M | 20,426.95M | 17,578.83M | 15,302.33M | 13,654.17M | 0.00M | 0.00M |
| Enterprise Value | 218,395.13M | 221,961.53M | 117,613.95M | 85,534.29M | 78,137.30M | 52,301.03M | 87,877.11M | 58,231.52M | 8,307.96M |
Income Statement
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 254,990M | 203,844M | 223,158M | 196,264M | 163,614M | 147,774M | 129,494M | 126,758M | 108,405M | 87,044M | 75,125M | 71,849M | 71,982M | 70,903M | 60,850M | 53,080M | 43,547M | 39,963M | 32,461M | 26,749M | 15,987M | 8,404M | 5,418M |
| Cost of Revenue | 194,519M | 150,090M | 164,632M | 144,199M | 121,219M | 108,874M | 91,355M | 89,763M | 76,452M | 60,685M | 51,301M | 28,660M | 29,264M | 54,615M | 47,756M | 25,057M | 32,932M | 30,542M | 25,258M | 19,978M | 11,275M | 6,204M | 4,264M |
| Gross Profit | 60,471M | 53,753M | 58,526M | 52,066M | 42,396M | 38,900M | 38,139M | 36,995M | 31,953M | 26,359M | 23,824M | 43,189M | 42,718M | 16,288M | 13,094M | 28,023M | 10,615M | 9,421M | 7,203M | 6,770M | 4,712M | 2,200M | 1,154M |
| Gross Profit Margin | 23.7% | 26.4% | 26.2% | 26.5% | 25.9% | 26.3% | 29.5% | 29.2% | 29.5% | 30.3% | 31.7% | 60.1% | 59.3% | 23.0% | 21.5% | 52.8% | 24.4% | 23.6% | 22.2% | 25.3% | 29.5% | 26.2% | 21.3% |
| R&D Expenses | 195M | 0M | 195M | 0M | 0M | 156M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 29,809M | 23,384M | 27,503M | 22,175M | 17,908M | 16,379M | 13,718M | 13,595M | 11,173M | 8,354M | 7,205M | 7,530M | 5,786M | 7,685M | 6,203M | 20,594M | 2,413M | 2,249M | 1,708M | 1,838M | 1,007M | 488M | 275M |
| Operating Expenses | 30,004M | 23,384M | 27,698M | 22,175M | 17,908M | 16,535M | 13,718M | 13,595M | 11,173M | 8,354M | 7,205M | 7,530M | 5,786M | 7,685M | 9,465M | 24,470M | 6,388M | 5,588M | 4,056M | 3,584M | 2,050M | 945M | 563M |
| Operating Income (EBIT) | 30,467M | 30,370M | 30,828M | 29,891M | 24,488M | 22,365M | 24,422M | 23,401M | 20,780M | 18,005M | 16,619M | 35,659M | 36,932M | 8,603M | 3,629M | 3,553M | 4,227M | 3,833M | 3,147M | 3,186M | 2,662M | 1,255M | 591M |
| Operating Income Margin | 11.9% | 14.9% | 13.8% | 15.2% | 15.0% | 15.1% | 18.9% | 18.5% | 19.2% | 20.7% | 22.1% | 49.6% | 51.3% | 12.1% | 6.0% | 6.7% | 9.7% | 9.6% | 9.7% | 11.9% | 16.6% | 14.9% | 10.9% |
| Interest Income | 0M | 0M | 433M | 578M | 341M | 353M | 301M | 362M | 366M | 151M | 175M | 109M | 126M | 36M | 77M | -50M | 0M | -107M | -462M | -188M | -155M | -2M | 0M |
| Interest Expense | 5,409M | 4,751M | 7,373M | 6,965M | 6,131M | 5,194M | 5,380M | 5,923M | 4,811M | 4,762M | 4,705M | 4,619M | 3,728M | 2,821M | 1,938M | 1,576M | 1,165M | 1,153M | 907M | 485M | 284M | 309M | 157M |
| Net Interest Income | -5,409M | -4,751M | -6,940M | -6,387M | -5,790M | -4,842M | -5,078M | -5,561M | -4,445M | -4,611M | -4,530M | -4,510M | -3,601M | -2,785M | -1,861M | -1,626M | -1,165M | -1,260M | -1,369M | -674M | -439M | -310M | -157M |
| Unusual Items | -13,963M | -18,327M | -15,660M | -16,492M | -12,282M | -10,559M | -9,891M | -11,363M | -8,723M | -8,784M | -9,141M | -29,438M | -31,090M | -3,665M | 172M | 848M | -162M | 73M | -79M | -27M | -2M | 0M | 0M |
| EBT Excluding Unusual Items | 25,058M | 25,619M | 23,888M | 23,504M | 18,697M | 17,523M | 19,343M | 17,840M | 16,335M | 13,394M | 12,089M | 31,150M | 33,330M | 5,817M | 1,768M | 1,927M | 3,061M | 2,573M | 1,778M | 2,512M | 2,223M | 944M | 435M |
| Pre-Tax Income | 11,095M | 7,292M | 8,228M | 7,012M | 6,415M | 6,964M | 9,453M | 6,477M | 7,613M | 4,609M | 2,948M | 1,712M | 2,241M | 2,153M | 1,940M | 2,774M | 2,899M | 2,647M | 1,700M | 2,485M | 2,220M | 944M | 435M |
| Pre-Tax Margin | 4.4% | 3.6% | 3.7% | 3.6% | 3.9% | 4.7% | 7.3% | 5.1% | 7.0% | 5.3% | 3.9% | 2.4% | 3.1% | 3.0% | 3.2% | 5.2% | 6.7% | 6.6% | 5.2% | 9.3% | 13.9% | 11.2% | 8.0% |
| Income Tax Expense | 3,008M | 2,069M | 2,555M | 1,853M | 2,065M | 1,614M | 2,832M | 2,581M | 2,742M | 1,827M | 1,375M | 954M | 1,086M | 913M | 595M | 735M | 791M | 691M | 417M | 689M | 590M | 279M | 147M |
| Net Income | 8,210M | 5,241M | 5,857M | 5,096M | 4,408M | 5,403M | 6,710M | 3,896M | 4,668M | 2,807M | 1,865M | 1,100M | 1,204M | 1,222M | 1,293M | 1,887M | 2,001M | 1,777M | 1,109M | 1,649M | 1,613M | 665M | 287M |
| Net Income Margin | 3.2% | 2.6% | 2.6% | 2.6% | 2.7% | 3.7% | 5.2% | 3.1% | 4.3% | 3.2% | 2.5% | 1.5% | 1.7% | 1.7% | 2.1% | 3.6% | 4.6% | 4.4% | 3.4% | 6.2% | 10.1% | 7.9% | 5.3% |
| Depreciation & Amortization | 4,300M | 3,960M | 4,063M | 4,021M | 3,114M | 2,484M | 2,697M | 2,465M | 2,020M | 1,864M | 1,772M | 1,837M | 1,683M | 1,489M | 1,224M | 985M | 886M | 746M | 577M | 387M | 182M | 88M | 56M |
| EBITDA | 34,767M | 34,330M | 34,891M | 33,912M | 27,601M | 24,849M | 27,118M | 25,866M | 22,800M | 19,869M | 18,391M | 37,496M | 38,615M | 10,092M | 4,853M | 4,538M | 5,113M | 4,579M | 3,724M | 3,573M | 2,844M | 1,343M | 647M |
| EBITDA Margin | 13.6% | 16.8% | 15.6% | 17.3% | 16.9% | 16.8% | 20.9% | 20.4% | 21.0% | 22.8% | 24.5% | 52.2% | 53.6% | 14.2% | 8.0% | 8.5% | 11.7% | 11.5% | 11.5% | 13.4% | 17.8% | 16.0% | 11.9% |
| NOPAT | 22,208M | 21,754M | 21,254M | 21,992M | 16,605M | 17,183M | 17,105M | 14,076M | 13,296M | 10,870M | 8,867M | 15,786M | 19,024M | 4,952M | 2,516M | 2,612M | 3,073M | 2,832M | 2,375M | 2,303M | 1,954M | 884M | 391M |
| NOPAT Margin | 8.7% | 10.7% | 9.5% | 11.2% | 10.1% | 11.6% | 13.2% | 11.1% | 12.3% | 12.5% | 11.8% | 22.0% | 26.4% | 7.0% | 4.1% | 4.9% | 7.1% | 7.1% | 7.3% | 8.6% | 12.2% | 10.5% | 7.2% |
| Owner's Earnings | 12,510M | 9,201M | 4,174M | 5,601M | -189M | 4,806M | 6,795M | 1,663M | -432M | -2,150M | 1,333M | -789M | -2,957M | -5,490M | -7,716M | -2,337M | -485M | -517M | -1,005M | 384M | 927M | -153M | 168M |
| Owner's Earnings Margin | 4.9% | 4.5% | 1.9% | 2.9% | -0.1% | 3.3% | 5.2% | 1.3% | -0.4% | -2.5% | 1.8% | -1.1% | -4.1% | -7.7% | -12.7% | -4.4% | -1.1% | -1.3% | -3.1% | 1.4% | 5.8% | -1.8% | 3.1% |
| EPS (Basic) | 48.66 | 32.25 | 35.53 | 31.37 | 29.06 | 36.28 | 44.25 | 25.25 | 30.42 | 18.29 | 12.15 | 4.94 | 7.83 | 7.95 | 8.43 | 12.29 | 13.13 | 13.41 | 8.37 | 12.44 | 13.21 | 6.13 | 2.64 |
| EPS (Diluted) | 48.78 | 32.23 | 35.53 | 31.37 | 29.06 | 36.28 | 44.25 | 25.25 | 30.41 | 18.29 | 12.15 | 7.17 | 7.84 | 7.96 | 8.43 | 12.29 | 13.21 | 13.41 | 8.37 | 12.44 | 12.18 | 6.13 | 2.64 |
| Shares (Basic) | 168M | 163M | 165M | 162M | 152M | 149M | 152M | 154M | 153M | 153M | 153M | 153M | 153M | 153M | 153M | 153M | 151M | 133M | 133M | 133M | 133M | 109M | 109M |
| Shares (Diluted) | 168M | 163M | 165M | 162M | 152M | 149M | 152M | 154M | 153M | 153M | 153M | 153M | 153M | 153M | 153M | 153M | 151M | 133M | 133M | 133M | 133M | 109M | 109M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 9,194.60M | 0.00M | 17,592.70M | 10,093.30M | 9,560.00M | 10,617.60M | 5,375.30M | 4,994.80M | 2,275.28M | 2,628.62M | 2,462.56M | 1,395.09M | 1,204.77M | 1,026.68M | 847.87M | 1,719.87M | 1,873.42M | 556.75M | 582.52M | 1,084.60M | 1,367.46M | 166.49M | 63.56M |
| Short-Term Investments | 2,000.00M | 17,585.20M | 1,501.10M | 89.30M | 5,290.00M | 1,081.00M | 1,250.80M | 1,063.80M | 485.24M | 453.48M | 626.64M | 124.74M | 129.54M | 55.43M | 138.56M | 4,938.88M | 4,080.34M | 3,265.53M | 3,423.97M | 1,958.89M | 1,458.00M | 669.85M | 359.83M |
| Cash & Short-Term Investments | 11,194.60M | 17,585.20M | 19,093.80M | 10,182.60M | 14,850.00M | 11,698.60M | 6,626.10M | 6,058.60M | 2,760.52M | 3,082.10M | 3,089.20M | 1,519.83M | 1,334.32M | 1,082.10M | 986.43M | 6,658.75M | 5,953.76M | 3,822.28M | 4,006.49M | 3,043.49M | 2,825.46M | 836.33M | 423.39M |
| Net Receivables | 72,682.80M | 0.00M | 78,168.70M | 126,429.70M | 106,849.60M | 92,899.90M | 88,465.20M | 81,497.40M | 66,428.20M | 62,772.41M | 47,721.64M | 42,434.49M | 30,175.14M | 28,368.09M | 20,989.15M | 22,782.21M | 27,293.69M | 20,150.34M | 15,814.50M | 10,733.77M | 8,062.41M | 3,595.00M | 1,616.60M |
| Inventory | 18,049.60M | 0.00M | 14,287.60M | 13,533.60M | 12,280.00M | 10,960.30M | 10,710.80M | 12,085.50M | 11,164.99M | 9,921.25M | 9,326.63M | 9,307.39M | 12,176.26M | 12,292.55M | 9,218.74M | 7,177.61M | 4,035.45M | 3,484.68M | 3,269.66M | 2,677.47M | 1,890.45M | 1,387.03M | 1,227.04M |
| Other Current Assets | 121,343.70M | -17,585.20M | 103,553.70M | 31,588.40M | 22,681.60M | 12,891.50M | 3,096.60M | 17,712.40M | 25,198.40M | 11,247.74M | 6,799.55M | 6,237.31M | 5,663.75M | 5,821.54M | 24,124.40M | 21,712.14M | 633.52M | 3,766.55M | 17,713.31M | 3,029.26M | 1,934.54M | 812.35M | 503.46M |
| Total Current Assets | 223,270.70M | 0.00M | 215,103.80M | 181,734.30M | 156,661.20M | 128,450.30M | 108,898.70M | 117,353.90M | 105,552.12M | 87,023.51M | 66,937.02M | 59,499.01M | 49,349.46M | 47,564.28M | 55,318.72M | 58,330.71M | 37,916.42M | 31,223.85M | 40,803.95M | 19,483.99M | 14,712.87M | 6,630.71M | 3,770.49M |
| Property, Plant & Equipment | 25,904.20M | 0.00M | 24,450.20M | 21,870.90M | 21,390.00M | 17,802.20M | 17,613.10M | 17,213.00M | 14,873.58M | 20,869.14M | 14,333.35M | 18,632.14M | 18,403.52M | 15,894.41M | 14,370.16M | 10,636.60M | 10,770.39M | 8,738.83M | 6,463.61M | 4,376.53M | 3,148.65M | 1,523.82M | 707.80M |
| Goodwill | 2,025.80M | 0.00M | 1,847.30M | 1,843.00M | 1,840.00M | 1,842.10M | 1,147.60M | 1,058.80M | 201.47M | 201.47M | 201.47M | 201.47M | 201.47M | 201.68M | 201.68M | 201.68M | 201.68M | 83.44M | 83.23M | 83.23M | 83.23M | 0.00M | 0.00M |
| Intangible Assets | 1,671.50M | 0.00M | 7,238.40M | 7,894.80M | 8,540.00M | 16,179.50M | 16,294.80M | 16,707.20M | 16,481.87M | 16,777.11M | 17,101.51M | 18,287.38M | 17,412.54M | 14,481.85M | 8,806.83M | 4,317.97M | 57.52M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Long-Term Investments | 7,689.70M | 0.00M | 1,761.20M | 402.30M | -3,710.00M | -1,064.60M | -902.20M | -972.00M | -376.26M | 3,032.15M | 2,985.00M | -11.10M | -16.54M | 44.78M | -62.44M | -4,863.82M | -2,723.72M | -3,199.13M | -3,418.92M | -1,603.05M | -65.87M | -375.39M | -258.50M |
| Tax Assets | 2,535.90M | 0.00M | 2,705.20M | 1,876.60M | 1,780.00M | 1,980.20M | 1,299.40M | 1,186.30M | 1,402.72M | 1,344.78M | 1,111.98M | 423.17M | 3,246.40M | 3,039.94M | 2,605.70M | 6,262.38M | 4,080.34M | 3,265.53M | 3,423.97M | 1,958.89M | 1,458.00M | 0.00M | 0.00M |
| Other Non-Current Assets | 1,807.10M | 0.00M | 2,734.80M | 3,700.20M | 8,460.00M | 6,251.60M | 4,876.40M | 4,616.30M | 2,840.36M | 2,307.84M | 3,015.08M | 4,022.44M | 135.15M | 138.06M | 229.31M | 1,121.01M | 1.87M | 8.90M | 16.60M | 28.87M | 0.50M | 670.85M | 361.33M |
| 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 | 41,634.20M | 0.00M | 40,737.10M | 37,587.80M | 38,300.00M | 42,991.00M | 40,329.10M | 39,809.60M | 35,423.73M | 44,532.49M | 38,748.38M | 41,555.48M | 39,382.54M | 33,800.71M | 26,151.24M | 17,675.81M | 12,388.08M | 8,897.56M | 6,568.49M | 4,844.48M | 4,624.52M | 1,819.28M | 810.63M |
| Total Assets | 264,904.90M | 0.00M | 255,840.90M | 219,322.10M | 194,961.20M | 171,441.30M | 149,227.80M | 157,163.50M | 140,975.85M | 131,555.99M | 105,685.40M | 101,054.50M | 88,732.00M | 81,364.99M | 81,469.96M | 76,006.52M | 50,304.50M | 40,121.42M | 47,372.44M | 24,328.47M | 19,337.38M | 8,449.99M | 4,581.12M |
| Accounts Payable | 61,249.50M | 0.00M | 65,879.30M | 58,554.70M | 49,038.40M | 42,533.30M | 37,391.40M | 34,451.70M | 32,451.10M | 27,421.89M | 23,272.46M | 21,664.52M | 19,371.73M | 20,183.30M | 17,113.16M | 14,543.29M | 12,139.60M | 11,056.41M | 8,456.25M | 6,670.67M | 4,951.61M | 2,294.48M | 970.86M |
| Short-Term Debt | 36,523.70M | 0.00M | 27,212.40M | 24,616.60M | 24,676.30M | 21,554.90M | 15,461.30M | 14,990.80M | 6,914.74M | 9,460.07M | 8,563.80M | 9,246.56M | 12,109.16M | 10,039.36M | 7,598.52M | 3,779.24M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Payables | 0.00M | 0.00M | 0.00M | 440.00M | 1,220.00M | 280.00M | 336.40M | 29.60M | 165.02M | 167.11M | 24.60M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 147.35M | 81.86M | 17.12M | 0.00M | 0.00M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 43,155.90M | 33,681.00M | 27,186.60M | 28,526.90M | 17,479.50M | 35,584.42M | 20,353.13M | 16,518.55M | 5,513.26M | 3,442.99M | 5,512.04M | 4,784.49M | 882.71M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Current Liabilities | 80,186.30M | 0.00M | 75,774.80M | 16,640.30M | 14,648.30M | -277.60M | -1,403.70M | 22,000.20M | 34,997.59M | 7,557.86M | 5,374.22M | 3,544.76M | 842.79M | 2,187.25M | 5,462.27M | 8,384.70M | 9,104.20M | 9,082.17M | 2,762.66M | 2,238.47M | 1,594.09M | 822.14M | 1,566.64M |
| Total Current Liabilities | 177,959.50M | 0.00M | 168,866.50M | 143,407.50M | 123,264.00M | 91,277.20M | 80,312.30M | 88,951.80M | 110,112.86M | 64,960.06M | 53,753.63M | 39,969.10M | 35,766.67M | 37,921.95M | 34,958.44M | 27,589.94M | 21,243.80M | 20,285.93M | 11,300.77M | 8,926.25M | 6,545.70M | 3,116.62M | 2,537.50M |
| Long-Term Debt | 10,523.20M | 0.00M | 14,673.80M | 14,475.40M | 12,148.30M | 15,534.50M | 16,071.20M | 17,970.70M | 19,181.96M | 23,730.52M | 19,921.94M | 19,976.51M | 24,732.13M | 17,274.67M | 10,714.62M | 7,779.20M | 8,318.20M | 9,014.48M | 9,451.35M | 4,466.55M | 3,986.14M | 2,327.82M | 234.01M |
| Capital Lease Obligations | 0.00M | 0.00M | 1,248.90M | 990.00M | 1,040.00M | 1,288.40M | 1,062.80M | 927.80M | 0.00M | 0.00M | 0.00M | 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 | 113.90M | 0.00M | 112.70M | 233.00M | 600.00M | 957.10M | 325.10M | 382.10M | 132.58M | 40.93M | 41.70M | 8.71M | 89.94M | 95.81M | -24.31M | 29.54M | 138.57M | 195.70M | 205.92M | 210.31M | 158.34M | 57.95M | 54.69M |
| Other Non-Current Liabilities | 5,551.90M | -64,688.60M | 6,128.90M | 6,084.70M | 6,719.20M | 9,044.10M | 9,596.60M | 9,149.50M | 22,562.55M | 11,907.08M | 5,889.13M | 7,727.63M | 2,165.81M | 3,573.63M | 2,061.24M | 1,897.88M | 0.00M | -5,246.35M | 0.00M | 0.00M | 0.00M | 0.00M | 870.80M |
| Total Non-Current Liabilities | 16,189.00M | -64,688.60M | 22,164.30M | 21,783.10M | 20,507.50M | 26,824.10M | 27,055.70M | 28,430.10M | 41,877.09M | 35,678.53M | 25,852.77M | 27,712.85M | 26,987.88M | 20,944.10M | 12,751.56M | 9,706.62M | 8,456.77M | 3,963.82M | 9,657.27M | 4,676.86M | 4,144.49M | 2,385.76M | 1,159.51M |
| Total Liabilities | 194,148.50M | -64,688.60M | 191,030.80M | 165,190.60M | 143,771.50M | 118,101.30M | 107,368.00M | 117,381.90M | 151,989.95M | 100,638.59M | 79,606.39M | 67,681.95M | 62,754.56M | 58,866.05M | 47,710.00M | 37,296.56M | 29,700.57M | 24,249.76M | 20,958.04M | 13,603.11M | 10,690.19M | 5,502.39M | 3,697.01M |
| 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 | 341.60M | 0.00M | 341.60M | 324.90M | 320.00M | 297.80M | 297.80M | 309.40M | 306.92M | 306.92M | 306.92M | 306.92M | 306.92M | 306.92M | 306.92M | 306.92M | 306.92M | 265.00M | 265.00M | 265.00M | 265.00M | 108.62M | 108.62M |
| Retained Earnings | 0.00M | 0.00M | 41,462.00M | 37,007.50M | 33,029.70M | 29,692.00M | 24,735.50M | 19,433.50M | 17,529.67M | 13,788.74M | 12,017.29M | 10,081.54M | 9,481.11M | 8,892.34M | 8,285.16M | 10,220.63M | 8,290.09M | 10,005.74M | 4,988.31M | 4,121.71M | 6,176.60M | 1,443.21M | 903.56M |
| Accumulated OCI | 0.00M | 65,133.30M | 6,553.40M | 7,121.40M | 6,925.50M | 5,869.80M | 5,425.60M | 5,158.10M | 5,318.82M | 4,588.00M | 3,615.97M | 3,245.53M | 1,336.67M | 1,135.86M | 872.99M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | -345.70M | 0.00M | -444.70M | -251.80M | -270.00M | 1,389.00M | 1,204.40M | 1,367.50M | 1,607.11M | 1,463.88M | 1,506.95M | 1,561.07M | 1,421.76M | 1,436.16M | 1,316.07M | 1,285.67M | 1,119.88M | 1,254.44M | 947.11M | 822.07M | 624.72M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 341.60M | 65,133.30M | 48,357.00M | 44,453.80M | 40,275.20M | 35,859.60M | 30,458.90M | 24,901.00M | 23,155.41M | 18,683.66M | 15,940.19M | 13,633.99M | 11,124.69M | 10,335.13M | 9,465.07M | 10,527.55M | 8,597.01M | 10,270.74M | 5,253.31M | 4,386.71M | 6,441.60M | 1,551.83M | 1,012.17M |
| Total Equity | -4.10M | 65,133.30M | 47,912.30M | 44,202.00M | 40,005.20M | 37,248.60M | 31,663.30M | 26,268.50M | 24,762.52M | 20,147.54M | 17,447.14M | 15,195.05M | 12,546.46M | 11,771.28M | 10,781.14M | 11,813.22M | 9,716.89M | 11,525.19M | 6,200.42M | 5,208.78M | 7,066.33M | 1,551.83M | 1,012.17M |
| Total Liabilities & Equity | 194,144.40M | 444.70M | 238,943.10M | 209,392.60M | 183,776.70M | 155,349.90M | 139,031.30M | 143,650.40M | 176,752.47M | 120,786.13M | 97,053.53M | 82,877.01M | 75,301.01M | 70,637.33M | 58,491.15M | 49,109.78M | 39,417.46M | 35,774.94M | 27,158.46M | 18,811.89M | 17,756.51M | 7,054.21M | 4,709.18M |
| Tangible Assets | 261,207.60M | 0.00M | 246,755.20M | 209,584.30M | 184,581.20M | 153,419.70M | 131,785.40M | 139,397.50M | 124,292.51M | 114,577.41M | 88,382.42M | 82,565.65M | 71,117.99M | 66,681.46M | 72,461.45M | 71,486.88M | 50,045.31M | 40,037.98M | 47,289.21M | 24,245.24M | 19,254.15M | 8,449.99M | 4,581.12M |
| Tangible Equity | -3,701.40M | 65,133.30M | 38,826.60M | 34,464.20M | 29,625.20M | 19,227.00M | 14,220.90M | 8,502.50M | 8,079.18M | 3,168.96M | 144.16M | -3,293.79M | -5,067.55M | -2,912.25M | 1,772.63M | 7,293.58M | 9,457.69M | 11,441.75M | 6,117.18M | 5,125.54M | 6,983.09M | 1,551.83M | 1,012.17M |
| Tangible Book Value | -3,701.40M | 65,133.30M | 38,826.60M | 34,464.20M | 29,625.20M | 19,227.00M | 14,220.90M | 8,502.50M | 8,079.18M | 3,168.96M | 144.16M | -3,293.79M | -5,067.55M | -2,912.25M | 1,772.63M | 7,293.58M | 9,457.69M | 11,441.75M | 6,117.18M | 5,125.54M | 6,983.09M | 1,551.83M | 1,012.17M |
| Total Investments | 9,689.70M | 0.00M | 6,090.40M | 491.60M | 1,580.00M | 16.40M | 348.60M | 91.80M | 108.98M | 3,485.62M | 3,611.64M | 113.63M | 113.00M | 100.21M | 76.12M | 75.06M | 1,356.62M | 66.40M | 5.05M | 355.84M | 1,392.13M | 294.46M | 101.33M |
| Net Debt | 37,852.30M | 0.00M | 24,293.50M | 28,998.70M | 27,264.60M | 26,471.80M | 26,157.20M | 27,966.70M | 23,821.41M | 30,561.96M | 26,023.18M | 27,827.98M | 35,636.52M | 26,287.35M | 17,465.28M | 9,838.57M | 6,444.79M | 8,457.73M | 8,868.83M | 3,381.95M | 2,618.68M | 2,161.33M | 170.45M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 45,059.0M | 0.0M | 45,669.8M | 34,913.0M | 31,500.0M | 33,785.8M | 26,025.6M | 26,594.3M | 29,654.1M | 19,184.4M | 15,681.5M | 13,296.6M | 13,743.3M | 9,475.1M | 7,413.3M | 12,709.0M | 13,618.5M | 11,837.8M | 12,733.9M | 8,485.9M | 6,587.3M | 2,245.8M | 1,486.9M |
| Total Capital | 117,896.8M | 64,688.6M | 108,268.4M | 91,461.9M | 85,070.0M | 81,163.5M | 69,980.3M | 67,473.5M | 57,291.4M | 59,934.0M | 52,696.5M | 56,798.1M | 59,156.3M | 48,319.4M | 37,803.2M | 30,072.4M | 24,748.1M | 19,285.2M | 18,149.4M | 12,298.0M | 10,428.7M | 4,007.2M | 2,242.8M |
| Capital Employed | 86,693.2M | 0.0M | 86,406.9M | 72,500.8M | 69,800.0M | 76,776.8M | 70,108.0M | 66,403.9M | 65,077.8M | 63,716.9M | 54,429.8M | 54,852.1M | 53,125.9M | 43,275.8M | 33,564.6M | 30,384.8M | 26,006.6M | 20,735.4M | 19,302.4M | 13,330.4M | 11,211.8M | 4,065.1M | 2,297.5M |
| Invested Capital | 108,702.2M | 64,688.6M | 90,675.7M | 81,368.6M | 75,510.0M | 70,545.9M | 64,605.0M | 62,478.7M | 55,016.1M | 57,305.4M | 50,233.9M | 55,403.0M | 57,951.6M | 47,292.8M | 36,955.4M | 28,352.6M | 22,874.7M | 18,728.5M | 17,566.8M | 11,213.4M | 9,061.3M | 3,840.7M | 2,179.3M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 7,064.90M | 4,876.10M | 5,857.00M | 5,159.00M | 4,350.00M | 5,350.60M | 6,620.40M | 3,895.90M | 4,870.90M | 2,782.64M | 1,572.94M | 1,846.66M | 2,240.65M | 2,152.61M | 1,940.03M | 2,774.49M | 2,899.36M | 2,646.60M | 1,699.59M | 2,485.05M | 2,220.50M | 944.06M | 434.56M |
| Depreciation & Amortization | 0.00M | 2,340.00M | 4,972.70M | 4,732.90M | 3,920.00M | 3,507.80M | 3,734.50M | 3,396.40M | 2,109.39M | 1,915.09M | 1,805.32M | 2,017.59M | 1,682.85M | 1,489.50M | 1,223.58M | 985.48M | 885.97M | 745.52M | 576.66M | 387.00M | 182.12M | 88.37M | 55.53M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | -3.20M | -4.48M | -5.84M | -6.29M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | 0.00M | 0.00M | -6,773.00M | -6,345.60M | -5,910.00M | -2,918.10M | -4,272.80M | -2,786.10M | -482.91M | -2,843.27M | -211.45M | 4,639.31M | -5,598.43M | -3,348.03M | 705.17M | -3,263.12M | -508.62M | 1,014.50M | -4,673.78M | -2,138.99M | -2,308.30M | -678.89M | -44.24M |
| Accounts Receivable | 0.00M | 0.00M | -23,388.10M | -24,810.00M | -23,217.10M | -9,501.80M | -6,158.50M | -6,954.90M | -11,072.36M | -14,594.65M | -6,166.60M | -3,178.65M | -4,533.58M | -5,239.33M | -1,998.53M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 0.00M | 0.00M | -754.00M | -1,250.00M | -1,320.00M | 135.00M | 1,374.70M | -953.10M | -1,228.20M | -572.76M | -524.37M | 2,856.04M | 122.90M | -3,073.78M | -2,041.13M | -3,142.16M | -550.77M | -215.03M | -592.18M | -787.02M | -495.37M | -159.99M | -76.80M |
| Accounts Payable | 0.00M | 0.00M | 17,369.10M | 19,770.00M | 18,646.00M | 6,448.70M | 511.00M | 5,121.90M | 11,817.65M | 12,585.24M | 6,542.77M | 5,367.37M | 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 | 0.00M | -55.60M | -18.90M | 0.00M | 0.00M | 0.00M | 0.00M | -2,270.50M | 312.92M | 1,783.26M | -5,721.33M | -274.26M | 2,746.30M | -120.96M | 42.15M | 1,229.53M | -4,081.60M | -1,351.97M | -1,812.93M | -518.91M | 32.56M |
| Other Non-Cash Items | -7,064.90M | -3,666.10M | 5,082.80M | 4,883.30M | 4,200.00M | 1,196.30M | 3,227.90M | 4,866.20M | 3,855.44M | 4,366.08M | 4,433.51M | 2,917.26M | 2,394.78M | 1,419.88M | 567.07M | 735.71M | 128.86M | 179.78M | 306.29M | -293.11M | -375.54M | -123.60M | -29.05M |
| Net Cash from Operating Activities | 0.00M | 4,680.00M | 9,139.50M | 8,429.60M | 6,560.00M | 7,136.60M | 9,310.00M | 9,372.40M | 10,352.81M | 6,220.54M | 7,600.32M | 11,420.81M | 719.85M | 1,713.95M | 4,435.86M | 1,232.56M | 3,405.57M | 4,586.40M | -2,091.24M | 439.94M | -281.22M | 229.94M | 416.80M |
| Capital Expenditures (PPE) | 0.00M | 0.00M | -5,746.20M | -3,515.80M | -7,710.00M | -3,081.00M | -2,611.50M | -4,697.70M | -7,119.60M | -6,820.92M | -2,303.46M | -3,725.31M | -5,843.25M | -8,201.91M | -10,232.39M | -5,208.82M | -3,371.19M | -3,038.99M | -2,691.39M | -1,651.82M | -868.54M | -907.06M | -174.64M |
| Acquisitions (Net) | 0.00M | 0.00M | 627.30M | 0.00M | 2,740.00M | 944.70M | 3,528.80M | -1,646.50M | -841.07M | 310.37M | -0.10M | -0.64M | -102.29M | -19.91M | -1.30M | 11.73M | -5.40M | -34.42M | 0.00M | 184.83M | -504.04M | 0.00M | 0.00M |
| Purchases of Investments | 0.00M | 0.00M | -2,371.60M | -17.90M | -110.00M | -1,282.80M | -87.20M | -574.70M | -282.38M | -304.47M | -255.80M | -329.06M | -3,002.51M | -1,393.42M | -6,005.93M | 0.00M | -11.73M | 43.75M | 0.00M | -2.52M | -2,273.16M | -216.38M | -143.10M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 0.00M | 48.60M | 2.00M | 3,081.00M | 5.00M | 4,697.70M | 7,119.60M | 0.00M | 12.81M | 0.00M | 1.50M | 29.03M | 730.08M | 0.00M | 634.40M | 41.91M | 897.15M | 1,308.42M | -134.87M | 0.00M | 0.00M |
| Other Investing Activities | 0.00M | 0.00M | 305.50M | 854.20M | 1,818.00M | -2,212.10M | -757.60M | -5,252.00M | -7,232.81M | 119.64M | 14.08M | -1,039.77M | -3,241.97M | -1,355.73M | -5,378.12M | 1,524.01M | -1,754.23M | 52.80M | 226.06M | 155.97M | -135.04M | 12.64M | 11.04M |
| Net Cash from Investing Activities | 0.00M | 0.00M | -7,185.00M | -2,630.90M | -3,260.00M | -2,550.20M | 77.50M | -7,473.20M | -8,356.25M | -6,701.28M | -2,289.48M | -3,314.93M | -6,074.34M | -7,884.49M | -8,598.23M | -3,673.08M | -5,142.55M | -2,978.70M | -1,568.18M | -189.95M | -3,780.78M | -1,110.80M | -306.70M |
| Net Debt Issuance | 0.00M | 0.00M | 1,952.70M | 1,570.30M | 3,120.50M | 5,136.00M | -1,114.40M | -155.50M | 2,321.80M | 4,725.31M | -1,430.30M | -2,613.80M | 9,649.33M | 6,864.50M | 5,509.51M | 4,484.97M | -1,181.89M | -1,111.97M | 4,119.25M | 480.40M | 978.42M | 1,223.00M | -27.09M |
| Long-Term Debt Issuance | 0.00M | 0.00M | -710.30M | 3,750.00M | -43.20M | -333.30M | 2,586.90M | 1,000.00M | 1,500.00M | 4,383.87M | 652.08M | 387.29M | 8,083.97M | 6,864.50M | 3,309.40M | 4,654.83M | 78.15M | 122.30M | 1,002.68M | -9.52M | -176.38M | 758.04M | -295.62M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 2,682.70M | -2,179.70M | 3,163.70M | 5,469.30M | -3,701.30M | 6,049.40M | 821.80M | 341.44M | -1,082.38M | -3,417.76M | 1,565.36M | 2,155.37M | 2,200.11M | -169.85M | -1,260.05M | -1,234.27M | 3,116.57M | 489.92M | 1,127.45M | 464.96M | 268.53M |
| Net Stock Issuance | 0.00M | 0.00M | 9,822.10M | 0.00M | -936.00M | 80.00M | -1,768.70M | 0.00M | -11.37M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.02M | 0.00M | 4,392.84M | 0.00M | 0.00M | 49.68M | 3,442.16M | 0.00M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 9,822.10M | 0.00M | 936.00M | 80.00M | 0.00M | 0.00M | -11.37M | -3.95M | 992.27M | 65.41M | 0.00M | 0.00M | 0.02M | 0.00M | 4,392.84M | 0.00M | 0.00M | 49.68M | 3,442.16M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | -936.00M | 0.00M | -1,768.70M | 0.00M | 11.37M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 |
| Net Dividends Paid | 0.00M | 0.00M | -1,299.60M | -1,137.10M | -967.70M | -223.40M | -1,265.70M | -1,207.80M | -469.31M | -372.77M | -6.84M | -216.16M | -230.19M | -230.19M | -230.19M | -230.19M | -230.19M | -198.75M | -198.75M | -198.75M | -108.62M | -54.31M | -32.58M |
| Common Dividends Paid | 0.00M | 0.00M | -1,299.60M | -1,137.10M | -967.70M | -223.40M | -1,265.70M | -1,207.80M | -469.31M | -372.77M | -6.84M | -460.39M | -270.93M | -230.19M | -230.19M | -230.19M | -230.19M | -198.75M | -198.75M | -198.75M | -108.62M | -54.31M | -32.58M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.01M | 0.00M | 0.00M | -94.38M | 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 | -6,478.60M | -5,673.60M | -5,596.80M | -4,742.70M | -4,818.00M | 1,766.20M | -4,030.33M | -20.48M | -2,950.85M | -4,088.50M | -3,873.73M | -280.71M | -1,713.41M | 271.94M | 134.95M | 790.52M | 778.14M | -36.18M | -297.83M | -167.28M | -118.03M |
| Net Cash from Financing Activities | 0.00M | 0.00M | 3,996.60M | -5,240.40M | -4,380.00M | 249.90M | -8,966.80M | 402.90M | -2,189.17M | 634.23M | -4,368.06M | -7,897.43M | 5,504.67M | 6,353.60M | 3,565.93M | 3,011.25M | 1,948.56M | -1,589.51M | 3,775.97M | -188.52M | 4,014.14M | 1,001.41M | -177.70M |
| Effect of FX on Cash | 0.00M | 0.00M | 1.40M | -31.30M | 30.00M | 406.00M | 7.40M | -3.70M | 4.13M | 12.58M | -14.56M | -18.13M | 27.92M | -4.01M | -2.13M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | 0.00M | 4,680.00M | 5,952.50M | 527.00M | -1,050.00M | 5,242.30M | 287.50M | 2,647.70M | -188.48M | 166.07M | 928.23M | 190.32M | 178.10M | 179.06M | -596.44M | 570.73M | 211.59M | 18.19M | 116.55M | 61.47M | -47.85M | 120.55M | -67.60M |
| Cash at Beginning of Period | 0.00M | 18,610.00M | 10,102.10M | 9,575.10M | 10,620.00M | 5,375.30M | 5,087.80M | 2,440.10M | 2,628.62M | 2,462.56M | 1,534.33M | 1,204.77M | 1,026.68M | 851.79M | 1,448.23M | 865.97M | 481.50M | 463.30M | 424.61M | 363.14M | 410.99M | 35.32M | 102.92M |
| Cash at End of Period | 0.00M | 24,822.10M | 16,054.60M | 10,102.10M | 9,570.00M | 10,617.60M | 5,375.30M | 5,087.80M | 2,440.14M | 2,628.62M | 2,462.56M | 1,395.09M | 1,204.77M | 1,030.85M | 851.79M | 1,436.70M | 693.08M | 481.50M | 541.15M | 424.61M | 363.14M | 155.87M | 35.32M |
| Operating Cash Flow | 0.00M | 4,680.00M | 9,139.50M | 8,429.60M | 6,560.00M | 7,136.60M | 9,310.00M | 9,372.40M | 10,352.81M | 6,220.54M | 7,600.32M | 11,420.81M | 719.85M | 1,713.95M | 4,435.86M | 1,232.56M | 3,405.57M | 4,586.40M | -2,091.24M | 439.94M | -281.22M | 229.94M | 416.80M |
| Capital Expenditure | 0.00M | 0.00M | -5,746.20M | -3,515.80M | -7,710.00M | -3,081.00M | -2,611.50M | -4,697.70M | -7,119.60M | -6,820.92M | -2,303.46M | -3,725.31M | -5,843.25M | -8,201.91M | -10,232.39M | -5,208.82M | -3,371.19M | -3,038.99M | -2,691.39M | -1,651.82M | -868.54M | -907.06M | -174.64M |
| Free Cash Flow | 0.00M | 4,680.00M | 3,393.30M | 4,913.80M | -1,150.00M | 4,055.60M | 6,698.50M | 4,674.70M | 3,233.21M | -600.38M | 5,296.87M | 7,695.50M | -5,123.39M | -6,487.96M | -5,796.53M | -3,976.26M | 34.38M | 1,547.41M | -4,782.63M | -1,211.88M | -1,149.75M | -677.12M | 242.17M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 37,333.40M | 34,013.55M | 34,890.80M | 33,911.80M | 27,601.30M | 24,849.00M | 27,118.30M | 25,865.60M | 22,799.70M | 19,868.70M | 18,390.67M | 37,496.03M | 38,614.62M | 10,092.33M | 8,114.52M | 8,414.30M | 9,087.13M | 7,918.14M | 6,071.44M | 5,319.18M | 3,887.00M | 1,800.31M | 934.87M |
| (-) Tax Adjustment | 10,674.23M | 9,418.54M | 10,835.74M | 8,961.22M | 8,884.63M | 5,757.22M | 8,125.02M | 9,052.96M | 7,979.90M | 6,954.04M | 6,436.74M | 13,123.61M | 13,515.12M | 3,532.32M | 2,489.33M | 2,228.48M | 2,480.69M | 2,067.15M | 1,489.10M | 1,473.72M | 1,033.14M | 531.39M | 317.13M |
| (-) Change In Working Capital | 0.00M | 0.00M | -6,773.00M | -6,345.60M | -5,910.00M | -2,918.10M | -4,272.80M | -2,786.10M | -482.91M | -2,843.27M | -211.45M | 4,639.31M | -5,598.43M | -3,348.03M | 705.17M | -3,263.12M | -508.62M | 1,014.50M | -4,673.78M | -2,138.99M | -2,308.30M | -678.89M | -44.24M |
| (-) Capital Expenditure | 0.00M | 0.00M | -5,746.20M | -3,515.80M | -7,710.00M | -3,081.00M | -2,611.50M | -4,697.70M | -7,119.60M | -6,820.92M | -2,303.46M | -3,725.31M | -5,843.25M | -8,201.91M | -10,232.39M | -5,208.82M | -3,371.19M | -3,038.99M | -2,691.39M | -1,651.82M | -868.54M | -907.06M | -174.64M |
| Unlevered Free Cash Flow | 26,659.17M | 24,595.01M | 25,081.86M | 27,780.38M | 16,916.67M | 18,928.88M | 20,654.58M | 14,901.04M | 8,183.11M | 8,937.00M | 9,861.93M | 16,007.81M | 24,854.69M | 1,706.14M | -5,312.38M | 4,240.13M | 3,743.87M | 1,797.50M | 6,564.73M | 4,332.63M | 4,293.63M | 1,040.75M | 487.35M |
| (-) Net Interest Income After Taxes | -3,956.81M | -3,340.34M | -4,784.70M | -4,699.08M | -3,926.52M | -3,719.78M | -3,556.77M | -3,614.52M | -2,888.98M | -2,997.43M | -2,944.75M | -2,931.20M | -2,340.92M | -1,810.54M | -1,289.90M | -1,195.29M | -847.15M | -930.98M | -1,033.11M | -486.95M | -322.36M | -218.84M | -103.49M |
| Net Debt Issuance | 0.00M | 0.00M | 1,952.70M | 1,570.30M | 3,120.50M | 5,136.00M | -1,114.40M | -155.50M | 2,321.80M | 4,725.31M | -1,430.30M | -2,613.80M | 9,649.33M | 6,864.50M | 5,509.51M | 4,484.97M | -1,181.89M | -1,111.97M | 4,119.25M | 480.40M | 978.42M | 1,223.00M | -27.09M |
| Levered Free Cash Flow | 30,615.98M | 27,935.35M | 31,819.26M | 34,049.76M | 23,963.69M | 27,784.66M | 23,096.95M | 18,360.06M | 13,393.89M | 16,659.74M | 11,376.37M | 16,325.20M | 36,844.94M | 10,381.17M | 1,487.04M | 9,920.39M | 3,409.12M | 1,616.50M | 11,717.10M | 5,299.98M | 5,594.41M | 2,482.59M | 563.75M |