Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Periods / Units / Analysis

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Ticker

Industry

Sector

Page: Company Financials

M. Dias Branco S.A. Indústria e Comércio de Alimentos

Ticker: MDIA3.SA | Industry: Packaged Foods | Sector: Consumer Defensive
$25.19 +0.07 (0.28%)
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 25.16 27.49 34.41 31.33 27.31 30.50 33.80 37.34 43.42 29.84 20.39 25.92 24.82 16.83 10.81 10.49 7.80
Market Capitalization 8,530.37M 9,279.42M 11,622.56M 10,589.51M 9,256.37M 10,339.49M 11,458.13M 12,661.26M 14,721.51M 10,115.78M 6,923.57M 8,821.01M 8,445.50M 5,727.24M 3,677.42M 3,571.12M 2,656.85M
(-) Cash & Equivalents 2,309.22M 2,230.96M 1,519.95M 642.62M 1,667.10M 1,176.35M 525.57M 747.02M 952.31M 677.27M 461.73M 397.50M 327.94M 170.47M 133.76M 88.04M 14.69M
(+) Total Debt 2,378.17M 2,559.08M 2,507.79M 2,238.78M 1,851.51M 1,801.17M 1,266.30M 1,119.19M 438.12M 646.12M 740.84M 573.55M 584.30M 502.31M 334.08M 263.78M 126.47M
Enterprise Value 8,599.32M 9,607.54M 12,610.40M 12,185.67M 9,440.78M 10,964.31M 12,198.86M 13,033.44M 14,207.32M 10,084.63M 7,202.67M 8,997.07M 8,701.86M 6,059.08M 3,877.74M 3,746.86M 2,768.63M

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 10,206M 9,944M 9,663M 10,840M 10,129M 7,814M 7,253M 6,104M 6,025M 5,415M 5,328M 4,622M 4,580M 4,312M 3,545M 2,911M 2,444M 2,348M 2,193M 1,507M 1,333M 1,227M 1,150M
Cost of Revenue 7,362M 6,865M 6,770M 7,748M 7,817M 6,048M 5,263M 3,942M 4,007M 3,166M 3,242M 2,966M 2,855M 2,682M 2,122M 1,813M 1,424M 1,353M 1,372M 946M 801M 699M 727M
Gross Profit 2,844M 3,080M 2,893M 3,093M 2,313M 1,766M 1,989M 2,161M 2,018M 2,249M 2,086M 1,656M 1,725M 1,630M 1,423M 1,099M 1,020M 995M 820M 561M 532M 528M 423M
Gross Profit Margin 27.9% 31.0% 29.9% 28.5% 22.8% 22.6% 27.4% 35.4% 33.5% 41.5% 39.1% 35.8% 37.7% 37.8% 40.1% 37.7% 41.7% 42.4% 37.4% 37.2% 39.9% 43.0% 36.8%
R&D Expenses 22M 8M 17M 0M 16M 14M 11M 0M 10M 0M 8M 7M 0M 5M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 1,920M 1,976M 1,483M 1,509M 1,392M 1,079M 1,166M 918M 839M 801M 692M 1,046M 1,002M 992M 856M 652M 567M 559M 492M 395M 342M 318M 300M
Operating Expenses 2,153M 2,365M 2,388M 2,027M 1,737M 1,352M 1,279M 1,606M 1,258M 1,426M 1,275M 1,067M 1,057M 1,051M 877M 683M 608M 575M 584M 438M 345M 368M 327M
Operating Income (EBIT) 691M 714M 505M 1,065M 576M 414M 710M 555M 760M 823M 810M 589M 668M 579M 545M 416M 413M 420M 236M 124M 187M 159M 96M
Operating Income Margin 6.8% 7.2% 5.2% 9.8% 5.7% 5.3% 9.8% 9.1% 12.6% 15.2% 15.2% 12.7% 14.6% 13.4% 15.4% 14.3% 16.9% 17.9% 10.8% 8.2% 14.0% 13.0% 8.4%
Interest Income 363M 277M -10M 16M 17M 63M 142M 96M 50M 96M 89M 118M 40M 25M 13M 14M 39M 14M 0M 0M 0M 0M 160M
Interest Expense 407M 342M 184M 184M 167M 148M 62M 59M 49M 21M 20M 38M 35M 34M 46M 27M 55M 141M 47M 0M 0M 0M 141M
Net Interest Income -44M -65M -194M -169M -150M -84M 80M 36M 2M 75M 68M 80M 6M -10M -32M -13M -16M -128M -47M 0M 0M 0M 20M
Unusual Items 132M 277M 512M 40M -74M 47M 6M -23M 35M 17M -46M -26M -17M -5M -5M 0M 0M 114M 47M 4M -1M 0M -1M
EBT Excluding Unusual Items 647M 650M 311M 897M 426M 330M 790M 592M 762M 898M 878M 668M 674M 569M 513M 403M 397M 292M 189M 124M 187M 159M 116M
Pre-Tax Income 780M 927M 823M 936M 352M 377M 796M 569M 797M 915M 832M 642M 656M 564M 508M 403M 397M 406M 236M 128M 186M 159M 115M
Pre-Tax Margin 7.6% 9.3% 8.5% 8.6% 3.5% 4.8% 11.0% 9.3% 13.2% 16.9% 15.6% 13.9% 14.3% 13.1% 14.3% 13.8% 16.2% 17.3% 10.8% 8.5% 14.0% 13.0% 10.0%
Income Tax Expense 101M 116M 177M 47M -130M -128M 32M 12M 74M 71M 48M 38M 57M 40M 37M 36M 45M 55M 22M 48M 70M 59M 47M
Net Income 678M 811M 646M 889M 482M 505M 764M 557M 723M 844M 784M 604M 599M 524M 471M 367M 352M 352M 214M 80M 116M 100M 68M
Net Income Margin 6.6% 8.2% 6.7% 8.2% 4.8% 6.5% 10.5% 9.1% 12.0% 15.6% 14.7% 13.1% 13.1% 12.2% 13.3% 12.6% 14.4% 15.0% 9.8% 5.3% 8.7% 8.2% 5.9%
Depreciation & Amortization 402M 363M 369M 365M 317M 287M 260M 234M 182M 128M 119M 106M 102M 95M 81M 66M 54M 52M 95M 91M 81M 50M 33M
EBITDA 1,094M 1,078M 874M 1,430M 893M 701M 970M 789M 943M 951M 929M 695M 770M 674M 626M 481M 466M 472M 331M 215M 267M 209M 129M
EBITDA Margin 10.7% 10.8% 9.0% 13.2% 8.8% 9.0% 13.4% 12.9% 15.6% 17.6% 17.4% 15.0% 16.8% 15.6% 17.7% 16.5% 19.1% 20.1% 15.1% 14.2% 20.1% 17.1% 11.3%
NOPAT 602M 625M 396M 1,011M 789M 555M 681M 544M 690M 759M 764M 554M 610M 538M 505M 378M 366M 363M 214M 77M 117M 100M 57M
NOPAT Margin 5.9% 6.3% 4.1% 9.3% 7.8% 7.1% 9.4% 8.9% 11.5% 14.0% 14.3% 12.0% 13.3% 12.5% 14.3% 13.0% 15.0% 15.5% 9.8% 5.1% 8.8% 8.2% 4.9%
Owner's Earnings 770M 910M 737M 991M 622M 630M 808M 471M 606M 652M 644M 311M 357M 348M 439M 302M 278M 287M 246M 132M 117M 20M -159M
Owner's Earnings Margin 7.5% 9.2% 7.6% 9.1% 6.1% 8.1% 11.1% 7.7% 10.1% 12.0% 12.1% 6.7% 7.8% 8.1% 12.4% 10.4% 11.4% 12.2% 11.2% 8.7% 8.8% 1.7% -13.8%
EPS (Basic) 2.02 2.41 1.91 2.62 1.42 1.49 2.25 1.64 2.13 2.49 2.31 1.78 1.76 1.54 1.38 1.08 1.03 1.03 0.63 0.23 0.34 0.29 0.20
EPS (Diluted) 2.00 2.40 1.91 2.62 1.42 1.49 2.25 1.64 2.13 2.49 2.31 1.78 1.76 1.54 1.38 1.08 1.00 1.03 0.63 0.23 0.34 0.29 0.20
Shares (Basic) 338M 338M 339M 339M 339M 339M 339M 339M 339M 339M 339M 339M 340M 340M 340M 340M 340M 340M 340M 344M 344M 344M 344M
Shares (Diluted) 339M 338M 339M 339M 339M 339M 339M 339M 339M 339M 339M 339M 340M 340M 340M 340M 352M 340M 340M 344M 344M 344M 344M

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 2,518.49M 2,137.92M 2,152.59M 2,267.84M 648.05M 1,555.86M 1,213.01M 348.38M 451.00M 925.92M 860.10M 348.80M 447.28M 306.75M 143.00M 95.32M 54.37M 58.76M 92.64M 257.61M 242.13M 700.47M 36.42M
Short-Term Investments 19.03M 21.10M 23.55M 18.03M 86.17M 16.57M 16.41M 16.39M 0.00M 0.00M 0.20M 6.14M 1.23M 0.00M 0.00M 0.00M 0.00M 12.09M 0.00M 0.00M 0.00M 0.00M 495.41M
Cash & Short-Term Investments 2,537.52M 2,159.02M 2,176.14M 2,285.86M 734.22M 1,572.43M 1,229.42M 364.77M 451.00M 925.92M 860.31M 354.94M 448.52M 306.75M 143.00M 95.32M 54.37M 70.85M 92.64M 257.61M 242.13M 700.47M 531.82M
Net Receivables 1,792.57M 1,743.02M 1,703.67M 1,996.60M 1,953.98M 1,438.99M 960.06M 957.53M 1,043.03M 806.40M 725.36M 613.90M 626.75M 494.12M 437.28M 362.57M 274.73M 272.86M 280.30M 162.12M 124.36M 155.93M 157.99M
Inventory 1,672.95M 1,635.95M 1,687.64M 1,338.35M 2,111.55M 1,154.12M 1,216.04M 793.65M 765.62M 639.60M 581.88M 675.30M 461.42M 488.43M 441.72M 307.96M 264.50M 268.80M 271.12M 226.75M 155.21M 145.63M 140.88M
Other Current Assets 311.84M 351.31M 408.10M 57.22M 63.02M 269.63M 454.73M 192.62M 181.83M 172.48M 173.93M 261.97M 97.33M 80.67M 84.18M 71.95M 55.67M 27.11M 4.34M 94.18M 114.50M 26.74M 0.00M
Total Current Assets 6,314.88M 5,889.30M 5,975.55M 5,678.03M 4,862.77M 4,435.17M 3,860.25M 2,308.57M 2,441.47M 2,544.39M 2,341.48M 1,906.11M 1,634.02M 1,369.97M 1,106.19M 837.81M 649.27M 639.62M 648.39M 740.66M 636.19M 1,028.77M 830.70M
Property, Plant & Equipment 3,580.54M 3,613.79M 3,590.68M 3,578.78M 3,547.76M 3,418.00M 3,419.39M 3,351.61M 3,190.49M 2,467.96M 2,297.08M 2,156.36M 1,805.95M 1,518.74M 1,334.47M 1,181.32M 977.71M 899.06M 843.23M 666.58M 716.21M 799.34M 722.66M
Goodwill 1,243.92M 1,243.92M 1,243.92M 1,243.92M 1,256.84M 1,031.04M 944.41M 944.41M 943.72M 582.10M 582.10M 582.10M 582.10M 582.10M 581.37M 656.14M 474.13M 474.13M 0.00M 50.76M 0.00M 0.00M 45.08M
Intangible Assets 1,170.48M 1,166.54M 1,170.57M 1,148.76M 1,099.90M 922.39M 774.95M 778.00M 786.36M 274.73M 250.33M 256.71M 255.60M 253.35M 242.14M 205.09M 557.43M 83.40M 557.62M 4.89M 0.00M 0.00M 0.64M
Long-Term Investments 0.00M 393.99M 8.71M 432.31M -22.19M 21.44M 34.18M 40.26M 28.82M 0.00M -0.06M -6.00M -1.09M 0.00M 0.00M 0.00M 0.00M 44.25M 169.55M 0.00M 0.00M 0.00M 130.81M
Tax Assets 0.00M 0.00M 424.30M 18.68M 408.34M 0.00M 0.00M 0.00M 0.00M 0.00M 109.15M 6.00M 1.09M 0.00M 0.00M 26.04M 27.01M 29.79M 11.75M 9.85M 9.41M 10.60M 2.45M
Other Non-Current Assets 746.60M 375.42M 331.57M 688.10M 680.17M 821.20M 686.32M 664.97M 408.84M 213.31M 199.74M 202.59M 199.91M 159.23M 155.21M 148.93M 119.07M 77.15M 30.47M 197.55M 245.88M 181.57M 8.88M
Other Assets 0.00M 0.00M 0.00M -450.99M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 6,741.55M 6,793.65M 6,769.74M 6,659.55M 6,970.81M 6,214.06M 5,859.26M 5,779.25M 5,358.22M 3,538.10M 3,438.32M 3,197.76M 2,843.56M 2,513.41M 2,313.19M 2,217.50M 2,155.34M 1,607.76M 1,612.60M 929.63M 971.49M 991.51M 910.52M
Total Assets 13,056.43M 12,682.96M 12,745.29M 12,337.58M 11,833.58M 10,649.23M 9,719.51M 8,087.83M 7,799.69M 6,082.49M 5,779.80M 5,103.86M 4,477.58M 3,883.38M 3,419.37M 3,055.31M 2,804.61M 2,247.38M 2,261.00M 1,670.28M 1,607.68M 2,020.28M 1,741.21M
Accounts Payable 1,381.84M 1,216.71M 1,095.06M 1,237.08M 1,234.61M 741.37M 361.74M 149.04M 152.36M 136.26M 142.33M 135.95M 87.52M 85.55M 77.29M 92.36M 2.83M 65.11M 52.02M 69.83M 87.74M 52.60M 39.94M
Short-Term Debt 587.26M 601.64M 1,074.88M 522.49M 374.61M 116.07M 794.15M 610.08M 678.82M 56.20M 297.62M 391.35M 298.87M 325.59M 95.71M 120.15M 133.58M 245.01M 0.00M 0.00M 0.00M 0.00M 302.88M
Tax Payables 135.68M 123.41M 121.82M 1.78M 131.74M 107.49M 58.88M 89.15M 110.00M 78.48M 68.10M 72.73M 80.85M 83.73M 74.94M 52.98M 13.26M 33.62M 32.92M 42.00M 44.75M 45.57M 38.88M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 11.14M 0.00M 0.00M 6.85M 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
Other Current Liabilities 496.65M 477.51M 454.56M 410.54M 414.16M 293.79M 301.62M 128.24M 332.72M 293.18M 270.21M 73.20M 132.10M 172.75M 99.71M 87.79M 164.18M 72.29M 638.56M 402.54M 363.63M 410.69M 29.25M
Total Current Liabilities 2,601.42M 2,419.27M 2,746.33M 2,171.89M 2,155.13M 1,258.72M 1,527.54M 976.51M 1,273.89M 570.97M 778.27M 673.23M 599.33M 667.62M 347.64M 353.29M 313.84M 416.03M 723.50M 514.37M 496.12M 508.87M 410.94M
Long-Term Debt 1,280.27M 1,269.90M 1,015.73M 1,406.62M 1,498.27M 1,408.73M 812.99M 371.49M 323.42M 222.05M 262.45M 361.89M 331.85M 158.60M 316.07M 169.96M 62.13M 260.86M 0.00M 0.00M 0.00M 0.00M 276.25M
Capital Lease Obligations 335.46M 357.21M 355.47M 358.11M 331.92M 245.79M 194.99M 101.98M 0.00M 0.00M 0.17M 1.22M 2.70M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 439.14M 398.78M 480.98M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 71.76M 51.04M 78.42M 1.57M 1.67M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 112.46M 118.85M 284.79M 632.57M 499.77M 693.94M 483.41M 454.08M 641.37M 286.59M 268.04M 235.82M 172.05M 153.54M 152.20M 244.21M 223.55M 44.48M 433.61M 199.79M 244.93M 365.60M 50.98M
Total Non-Current Liabilities 2,167.33M 2,144.75M 2,136.96M 2,397.29M 2,329.95M 2,348.47M 1,491.39M 927.55M 964.79M 508.64M 530.66M 598.93M 506.61M 383.91M 519.31M 492.59M 287.25M 307.01M 433.61M 199.79M 244.93M 365.60M 327.23M
Total Liabilities 4,768.75M 4,564.02M 4,883.29M 4,569.18M 4,485.08M 3,607.19M 3,018.93M 1,904.05M 2,238.69M 1,079.61M 1,308.93M 1,272.16M 1,105.94M 1,051.53M 866.95M 845.88M 601.09M 723.04M 1,157.11M 714.16M 741.05M 874.47M 738.17M
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 2,597.66M 2,597.66M 2,597.66M 2,597.66M 2,597.66M 2,597.66M 2,567.94M 2,508.40M 2,258.63M 1,765.28M 1,705.45M 1,701.69M 990.01M 827.72M 802.63M 777.80M 746.53M 728.34M 725.61M 704.84M 688.80M 604.00M 565.00M
Retained Earnings 387.86M 235.50M 5,491.08M 5,068.61M 4,250.27M 4,424.75M 95.57M 3,516.62M 1,114.68M 3,225.07M 1,024.10M 2,015.13M 0.00M 1,992.31M -0.26M -2.36M -6.28M 272.96M 0.00M 112.08M 70.41M 362.30M 380.52M
Accumulated OCI 0.00M 5,415.17M 22.04M 15.38M -58.11M 58.62M 3.68M 9.94M 5.09M 1,938.58M 1,604.06M 1,307.92M 0.08M 0.06M 0.00M 0.00M 0.00M 0.00M 357.31M 162.35M 0.00M 0.00M 57.80M
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 0.07M -0.03M
Total Shareholders’ Equity 2,985.51M 8,248.32M 8,110.78M 7,681.65M 6,789.82M 7,081.03M 2,667.20M 6,034.95M 3,378.41M 6,928.93M 4,333.61M 5,024.75M 990.09M 2,820.09M 802.37M 775.44M 740.25M 1,001.29M 1,082.92M 979.27M 759.21M 966.30M 1,003.32M
Total Equity 2,985.51M 8,248.32M 8,110.78M 7,681.65M 6,789.82M 7,081.03M 2,667.20M 6,034.95M 3,378.41M 6,928.93M 4,333.61M 5,024.75M 990.09M 2,820.09M 802.37M 775.44M 740.25M 1,001.29M 1,082.92M 979.27M 759.21M 966.36M 1,003.29M
Total Liabilities & Equity 7,754.26M 12,812.34M 12,994.07M 12,250.83M 11,274.90M 10,688.21M 5,686.12M 7,939.01M 5,617.10M 8,008.54M 5,642.54M 6,296.91M 2,096.03M 3,871.62M 1,669.32M 1,621.32M 1,341.34M 1,724.33M 2,240.03M 1,693.42M 1,500.26M 1,840.83M 1,741.46M
Tangible Assets 10,642.03M 10,272.50M 10,330.81M 9,944.90M 9,476.84M 8,695.79M 8,000.15M 6,365.41M 6,069.62M 5,225.66M 4,947.38M 4,265.06M 3,639.88M 3,047.94M 2,595.87M 2,194.09M 1,773.06M 1,689.86M 1,703.38M 1,614.64M 1,607.68M 2,020.28M 1,695.50M
Tangible Equity 571.11M 5,837.87M 5,696.30M 5,288.97M 4,433.08M 5,127.59M 947.83M 4,312.54M 1,648.34M 6,072.10M 3,501.18M 4,185.95M 152.39M 1,984.65M -21.13M -85.78M -291.31M 443.77M 525.30M 923.62M 759.21M 966.36M 957.58M
Tangible Book Value 571.11M 5,837.87M 5,696.30M 5,288.97M 4,433.08M 5,127.59M 947.83M 4,312.54M 1,648.34M 6,072.10M 3,501.18M 4,185.95M 152.39M 1,984.65M -21.13M -85.78M -291.31M 443.77M 525.30M 923.62M 759.21M 966.36M 957.58M
Total Investments 31.22M 415.09M 32.27M 450.34M 63.98M 38.00M 50.60M 56.66M 28.82M 8.73M 0.14M 0.14M 0.14M 0.14M 4.81M 11.93M 10.71M 56.34M 169.55M 147.15M 132.75M 12.77M 626.21M
Net Debt -650.97M -266.38M -61.97M -338.73M 1,224.83M -31.06M 394.14M 633.19M 551.24M -647.67M -300.03M 404.44M 183.43M 177.45M 268.78M 194.79M 141.34M 447.11M -92.64M -257.61M -242.13M -700.47M 542.71M

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 3,615.3M 3,375.4M 3,266.4M 3,274.3M 2,409.6M 3,113.9M 2,236.6M 1,168.2M 1,168.4M 1,962.5M 1,534.9M 1,124.1M 949.0M 690.6M 616.7M 280.9M 366.6M 186.5M 28.0M 226.8M 138.7M 520.0M 420.0M
Total Capital 10,509.2M 10,368.9M 10,444.0M 9,891.9M 8,913.5M 8,802.9M 8,447.7M 7,118.5M 6,564.1M 5,270.2M 4,893.7M 4,382.1M 3,919.1M 3,281.9M 2,822.4M 2,295.9M 1,956.2M 1,993.2M 1,207.4M 956.7M 865.3M 1,145.9M 1,582.4M
Capital Employed 10,356.8M 10,169.0M 10,036.1M 9,915.2M 8,972.1M 9,327.9M 8,095.9M 6,947.4M 6,526.6M 5,500.6M 4,864.1M 4,315.9M 3,791.4M 3,204.0M 2,929.9M 2,498.4M 2,047.8M 1,794.3M 1,640.6M 1,156.5M 1,110.2M 1,511.5M 1,330.5M
Invested Capital 7,990.7M 8,231.0M 8,291.4M 7,624.1M 8,265.5M 7,247.0M 7,234.7M 6,770.1M 6,113.1M 4,344.2M 4,033.6M 4,033.3M 3,471.8M 2,975.1M 2,679.4M 2,200.6M 1,901.9M 1,934.4M 1,114.7M 699.1M 623.1M 445.4M 1,546.0M

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 779.53M 832.46M 823.19M 888.65M 351.69M 377.15M 763.84M 568.98M 797.07M 915.48M 832.18M 642.09M 656.08M 564.36M 507.81M 402.62M 396.88M 406.45M 214.23M 80.14M 0.00M 100.10M 67.97M
Depreciation & Amortization 402.18M 363.45M 368.97M 364.97M 317.25M 286.91M 259.71M 233.54M 182.31M 127.57M 118.81M 105.95M 102.42M 95.01M 80.88M 65.64M 53.60M 52.38M 95.07M 91.26M 80.78M 49.93M 33.19M
Deferred Income Tax 0.00M -52.71M 0.00M 128.46M 0.00M 0.00M 0.00M 0.00M 39.74M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -0.33M
Stock-Based Compensation 15.80M 15.04M 17.03M 13.81M 11.01M 9.64M 6.64M 4.84M 3.51M 1.46M 0.00M 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 149.96M -301.92M -695.09M 824.57M -559.84M 248.83M 90.00M 78.20M -209.82M -150.68M 94.46M -204.96M -111.66M -53.66M -214.98M -16.28M -34.40M 24.90M -127.77M -98.38M -227.34M -16.61M -14.73M
Accounts Receivable -221.65M 118.92M 94.56M 140.75M 177.47M -48.47M 308.99M 127.03M -185.01M -92.72M -13.60M -53.75M -132.64M -56.01M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 355.75M -508.95M -404.39M 816.51M -949.49M -24.84M -430.94M -27.87M -70.89M -49.22M 84.93M -210.19M 20.00M -38.59M -124.96M -19.36M 5.35M 2.32M 29.84M -72.96M -8.17M -10.03M 0.00M
Accounts Payable 0.00M 72.94M 0.00M 0.00M 416.64M 373.97M 212.69M -3.31M -11.75M -6.07M 6.39M 48.43M 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 15.85M 32.65M -385.26M -132.69M -204.47M -51.84M -0.75M -17.65M 57.83M -2.66M 16.75M 10.55M 0.97M 40.93M -90.02M 3.08M -39.76M 22.58M -157.61M -25.42M -219.17M -6.59M -14.73M
Other Non-Cash Items 54.10M 146.03M 77.57M -161.42M -13.49M 37.19M -441.16M -203.47M -58.96M -23.03M -81.21M -52.39M -0.77M -33.13M -39.02M -20.48M -72.78M -149.13M 37.37M 67.32M 169.16M 73.78M 22.03M
Net Cash from Operating Activities 1,401.57M 1,002.34M 591.67M 2,059.04M 106.62M 959.73M 679.03M 682.09M 753.85M 870.80M 964.24M 490.69M 646.07M 572.58M 334.69M 431.50M 343.31M 334.60M 218.90M 140.34M 22.61M 207.19M 108.13M
Capital Expenditures (PPE) -310.21M -264.82M -278.18M -262.24M -177.13M -161.76M -215.91M -319.59M -300.03M -320.01M -259.11M -398.55M -345.00M -271.15M -112.18M -130.04M -127.29M -116.47M -63.44M -39.75M -79.72M -129.56M -264.08M
Acquisitions (Net) -18.22M -52.43M -49.17M -81.25M -422.11M -202.59M -22.95M -6.84M -1,330.14M -11.47M -7.89M -11.21M -9.02M -35.97M -175.08M -143.45M 0.00M -10.29M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -0.10M -0.10M -0.10M -2.05M -1.50M -2.05M -0.56M -44.21M -7.70M -1.05M -6.45M 0.00M 0.00M 0.00M 0.00M 0.00M -3.77M 0.00M 0.00M -0.01M -0.02M -0.02M -0.06M
Sales / Maturities of Investments 0.11M 1.07M 1.07M 1.67M 2.26M 3.32M 0.56M 9.58M 0.00M 0.00M 0.82M 0.00M 0.00M 0.00M 0.00M 0.00M 63.67M 28.69M 0.00M 0.00M 0.23M 0.00M 0.00M
Other Investing Activities -0.69M 0.31M 0.00M 0.00M -2.64M -34.90M 0.56M 0.00M 113.67M -9.11M 0.00M 0.00M -3.66M 0.00M 0.00M -0.21M -173.26M -113.75M -274.53M -22.58M -273.46M 0.00M 33.09M
Net Cash from Investing Activities -329.12M -315.97M -326.38M -343.86M -601.11M -397.98M -238.30M -361.06M -1,524.19M -341.64M -272.63M -409.75M -357.68M -307.12M -287.26M -273.70M -240.66M -211.83M -337.97M -62.33M -352.97M -129.58M -231.05M
Net Debt Issuance -302.70M -59.38M -13.64M -12.36M 344.76M 58.38M 575.84M -261.94M 427.79M -287.07M -42.45M 54.14M -30.58M 12.78M 84.43M -29.36M -158.09M -181.33M -61.25M 95.37M -74.13M 138.33M 166.59M
Long-Term Debt Issuance -302.70M -59.38M -13.64M -12.36M 344.76M 58.38M 575.84M -261.94M 427.79M -287.07M -42.45M 54.14M -30.58M 12.78M 84.43M -29.36M -158.09M -181.33M -61.25M 95.37M -74.13M 138.33M 196.51M
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 -29.93M
Net Stock Issuance 0.00M -50.53M -50.53M 0.00M -36.60M -12.85M -43.84M 0.00M 0.00M 0.00M 0.00M -39.44M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.23M 0.00M 0.00M
Common 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 0.23M 0.00M 0.00M
Common Stock Repurchased 0.00M -50.53M -50.53M 0.00M -36.60M -12.85M -43.84M 0.00M 0.00M 0.00M 0.00M -39.44M 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 -164.35M -221.95M -221.82M -69.78M -655.48M -222.09M -85.00M -139.00M -132.37M -176.28M -137.86M -194.11M -117.27M -114.51M -84.18M -87.49M -76.28M -31.67M -30.45M 0.00M 0.00M 0.00M -61.82M
Common Dividends Paid -164.35M -221.95M -221.82M -69.78M -655.48M -222.09M -85.00M -139.00M -132.37M -176.28M -137.86M -194.11M -117.27M -114.51M -84.18M -87.49M -76.28M -31.67M -30.45M -43.99M -43.99M 0.00M -61.82M
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 -174.38M -92.94M -99.15M -79.51M -66.14M -42.32M -37.28M -22.71M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 127.32M 56.34M 45.81M -157.90M -54.08M -47.29M 0.00M
Net Cash from Financing Activities -641.43M -424.79M -385.15M -161.64M -413.45M -218.89M 409.73M -423.65M 295.42M -463.34M -180.31M -179.41M -147.85M -101.73M 0.25M -116.85M -107.04M -156.65M -45.89M -62.53M -127.98M 91.04M 104.77M
Effect of FX on Cash 0.55M 1.31M 4.61M -0.49M 0.13M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 431.57M 261.19M -115.25M 1,619.79M -907.82M 342.86M 864.63M -102.62M -474.92M 65.82M 511.30M -98.48M 140.54M 163.74M 47.68M 40.95M -4.39M -33.88M -164.97M 15.48M -458.34M 168.65M 0.00M
Cash at Beginning of Period 8,648.67M 8,777.89M 2,267.84M 648.05M 1,555.86M 1,213.01M 348.38M 451.00M 925.92M 860.10M 348.80M 447.28M 306.75M 143.00M 95.32M 54.37M 58.76M 92.64M 257.61M 242.13M 700.47M 531.82M 0.00M
Cash at End of Period 9,080.24M 9,039.07M 2,152.59M 2,267.84M 648.05M 1,555.86M 1,213.01M 348.38M 451.00M 925.92M 860.10M 348.80M 447.28M 306.75M 143.00M 95.32M 54.37M 58.76M 92.64M 257.61M 242.13M 700.47M 36.42M
Operating Cash Flow 1,401.57M 1,002.34M 591.67M 2,059.04M 106.62M 924.82M 679.03M 682.09M 753.85M 870.80M 964.24M 490.69M 646.07M 572.58M 334.69M 431.50M 343.31M 334.60M 218.90M 140.34M 22.61M 207.19M 108.13M
Capital Expenditure -310.21M -264.82M -278.18M -262.24M -177.13M -161.76M -215.91M -319.59M -300.03M -320.01M -259.11M -398.55M -345.00M -271.15M -112.18M -130.04M -127.29M -116.47M -63.44M -39.75M -79.72M -129.56M -259.80M
Free Cash Flow 1,091.36M 737.53M 313.49M 1,796.80M -70.51M 763.07M 463.13M 362.50M 453.83M 550.80M 705.14M 92.14M 301.08M 301.43M 222.51M 301.46M 216.02M 218.13M 155.46M 100.59M -57.11M 77.64M -151.68M

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 1,304.13M 1,459.18M 1,762.43M 1,948.63M 1,221.77M 959.52M 1,071.92M 1,477.07M 1,350.70M 1,576.13M 1,504.01M 709.20M 825.06M 727.74M 647.37M 512.05M 507.34M 488.81M 423.05M 257.95M 270.67M 259.88M 155.67M
(-) Tax Adjustment 169.24M 182.12M 379.46M 98.62M 0.00M 0.00M 42.83M 31.40M 124.67M 122.74M 86.35M 42.15M 71.46M 51.55M 47.52M 45.88M 57.83M 66.02M 39.07M 90.28M 94.73M 90.96M 54.49M
(-) Change In Working Capital 149.96M -301.92M -695.09M 824.57M -559.84M 248.83M 90.00M 78.20M -209.82M -150.68M 94.46M -204.96M -111.66M -53.66M -214.98M -16.28M -34.40M 24.90M -127.77M -98.38M -227.34M -16.61M -14.73M
(-) Capital Expenditure -310.21M -264.82M -278.18M -262.24M -177.13M -161.76M -215.91M -319.59M -300.03M -320.01M -259.11M -398.55M -345.00M -271.15M -112.18M -130.04M -127.29M -116.47M -63.44M -39.75M -79.72M -129.56M -259.80M
Unlevered Free Cash Flow 674.72M 1,314.16M 1,799.87M 763.20M 1,604.48M 548.94M 723.19M 1,047.88M 1,135.82M 1,284.06M 1,064.09M 473.47M 520.27M 458.70M 702.66M 352.41M 356.62M 281.42M 448.31M 226.29M 323.55M 55.97M -143.88M
(-) Net Interest Income After Taxes -38.40M -56.51M -152.32M -160.23M -149.85M -84.27M 76.81M 35.66M 1.69M 69.18M 64.34M 74.96M 5.11M -8.92M -30.05M -11.64M -14.04M -110.31M -42.26M 0.00M 0.00M 0.00M 12.75M
Net Debt Issuance -302.70M -59.38M -13.64M -12.36M 344.76M 58.38M 575.84M -261.94M 427.79M -287.07M -42.45M 54.14M -30.58M 12.78M 84.43M -29.36M -158.09M -181.33M -61.25M 95.37M -74.13M 138.33M 166.59M
Levered Free Cash Flow 410.42M 1,311.30M 1,938.55M 911.07M 2,099.10M 691.59M 1,222.22M 750.28M 1,561.92M 927.81M 957.31M 452.65M 484.57M 480.40M 817.14M 334.69M 212.58M 210.40M 429.32M 321.66M 249.43M 194.30M 9.95M