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Page: Company Financials

Nestlé S.A.

Ticker: NESN.SW | Industry: Packaged Foods | Sector: Consumer Defensive
$72.47 -0.47 (-0.64%)
As of: 2026-01-23

Master Data Export

Enterprise Value

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Stock Price 83.38 102.56 109.29 121.33 104.50 102.74 79.07 83.63 74.10 71.03 70.83 63.93 58.60 53.13 53.48 45.56 43.88 49.30 40.85 36.05 31.58 29.43 32.05 36.80 35.23 28.59 28.64
Market Capitalization 216,747.08M 271,411.97M 295,565.01M 337,092.10M 297,370.78M 301,343.36M 238,427.95M 259,448.19M 229,475.10M 222,654.24M 226,356.99M 204,538.66M 187,227.00M 170,265.63M 180,852.45M 163,266.18M 163,453.79M 190,686.30M 160,570.12M 144,149.78M 127,411.44M 118,735.76M 125,609.43M 143,442.71M 137,303.52M 111,440.95M 111,622.85M
(-) Cash & Equivalents 5,210.50M 4,241.50M 5,437.50M 5,928.00M 4,351.00M 6,002.00M 4,557.50M 5,946.00M 6,125.00M 4,340.50M 5,310.50M 5,143.00M 5,348.00M 3,885.50M 5,254.00M 1,367.00M 2,917.50M 3,297.00M 2,639.00M 8,696.50M 2,451.00M 3,537.00M 3,169.00M 3,808.50M 2,725.50M 1,661.00M 1,661.33M
(+) Total Debt 64,713.50M 57,423.00M 54,169.50M 45,911.50M 39,215.00M 40,221.00M 38,143.50M 28,133.50M 25,500.50M 22,432.50M 22,535.50M 25,302.00M 26,125.00M 21,888.50M 27,445.50M 11,702.00M 10,863.50M 15,335.00M 10,527.00M 13,559.00M 7,361.00M 7,709.50M 0.00M 248.50M 201.00M 132.00M 59.67M
Enterprise Value 276,250.08M 324,593.47M 344,297.01M 377,075.60M 332,234.78M 335,562.36M 272,013.95M 281,635.69M 248,850.60M 240,746.24M 243,581.99M 224,697.66M 208,004.00M 188,268.63M 203,043.95M 173,601.18M 171,399.79M 202,724.30M 168,458.12M 149,012.28M 132,321.44M 122,908.26M 122,440.43M 139,882.71M 134,779.02M 109,911.95M 110,021.19M

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 2003-12-31 2002-12-31 2001-12-31 2000-12-31 1999-12-31 1998-12-31
Revenue 183,005M 186,800M 91,720M 93,351M 94,780M 87,470M 84,681M 92,865M 91,750M 89,922M 89,786M 89,083M 91,865M 92,373M 89,931M 83,770M 88,015M 100,579M 103,086M 107,552M 98,458M 91,115M 84,690M 87,979M 89,160M 84,698M 81,422M 74,660M 71,747M
Cost of Revenue 97,435M 100,986M 48,670M 50,328M 51,745M 45,468M 42,971M 46,647M 46,070M 45,571M 44,199M 44,730M 47,553M 48,111M 47,500M 44,127M 44,775M 43,467M 45,756M 45,037M 40,713M 37,917M 35,312M 37,583M 38,521M 37,756M 38,121M 35,912M 35,963M
Gross Profit 85,570M 85,814M 43,050M 43,023M 43,035M 42,002M 41,710M 46,218M 45,680M 44,351M 45,587M 44,353M 44,312M 44,262M 42,431M 39,643M 43,240M 57,112M 57,330M 62,515M 57,745M 53,198M 49,378M 50,396M 50,639M 46,942M 43,301M 38,748M 35,784M
Gross Profit Margin 46.8% 45.9% 46.9% 46.1% 45.4% 48.0% 49.3% 49.8% 49.8% 49.3% 50.8% 49.8% 48.2% 47.9% 47.2% 47.3% 49.1% 56.8% 55.6% 58.1% 58.6% 58.4% 58.3% 57.3% 56.8% 55.4% 53.2% 51.9% 49.9%
R&D Expenses 3,299M 3,383M 1,667M 1,656M 1,696M 1,670M 1,576M 1,672M 1,687M 1,739M 1,736M 1,678M 1,628M 1,503M 1,413M 1,423M 1,403M 1,357M 1,359M 1,875M 1,734M 1,499M 1,433M 1,205M 1,208M 1,162M 1,038M 893M 807M
SG&A Expenses 51,234M 50,709M 25,731M 25,365M 25,291M 25,311M 25,354M 28,435M 28,623M 28,042M 29,732M 28,820M 28,062M 28,115M 27,058M 24,997M 27,799M 42,533M 42,731M 45,616M 42,709M 39,823M 37,185M 38,185M 38,491M 6,421M 32,351M 29,155M 27,371M
Operating Expenses 57,221M 61,413M 28,326M 28,960M 30,709M 30,323M 26,914M 30,140M 31,928M 34,195M 32,424M 31,945M 33,407M 31,194M 29,043M 27,172M 31,097M 45,274M 46,992M 48,997M 44,959M 42,829M 40,891M 41,495M 40,290M 37,633M 34,115M 30,834M 28,703M
Operating Income (EBIT) 28,349M 24,401M 14,724M 14,063M 12,326M 11,679M 14,796M 16,078M 13,752M 10,156M 13,163M 12,408M 10,905M 13,068M 13,388M 12,471M 12,143M 11,838M 10,338M 13,518M 12,786M 10,369M 8,487M 8,901M 10,349M 9,309M 9,186M 7,914M 7,081M
Operating Income Margin 15.5% 13.1% 16.1% 15.1% 13.0% 13.4% 17.5% 17.3% 15.0% 11.3% 14.7% 13.9% 11.9% 14.1% 14.9% 14.9% 13.8% 11.8% 10.0% 12.6% 13.0% 11.4% 10.0% 10.1% 11.6% 11.0% 11.3% 10.6% 9.9%
Interest Income 658M 417M 358M 284M 210M 80M 106M 200M 247M 122M 99M 101M 89M 219M 108M 115M 58M 83M 43M 418M 384M 372M 421M 608M 745M 0M 0M 0M 0M
Interest Expense 3,563M 2,611M 1,841M 1,643M 1,249M 951M 983M 1,214M 1,006M 612M 548M 722M 521M 848M 552M 536M 828M 745M 1,047M 1,481M 1,218M 1,192M 1,090M 594M 1,410M 0M 0M 0M 0M
Net Interest Income -2,905M -2,194M -1,483M -1,359M -1,039M -871M -877M -1,014M -759M -490M -449M -621M -432M -629M -444M -421M -770M -662M -1,004M -1,063M -834M -820M -669M 14M -665M 0M 0M 0M 0M
Unusual Items 2,322M 9,723M 1,247M 1,119M 1,039M 8,649M 1,818M 999M 914M 618M 582M 985M 7,798M 1,262M 992M 866M 1,018M 1,462M 2,009M 2,483M 1,116M 1,716M 0M -608M 0M -542M -845M -1,055M -1,048M
EBT Excluding Unusual Items 25,444M 22,207M 13,241M 12,704M 11,287M 10,808M 13,919M 15,064M 12,993M 9,666M 12,714M 11,787M 10,473M 12,439M 12,944M 12,050M 11,373M 11,176M 9,334M 12,455M 11,952M 9,549M 7,818M 8,915M 9,684M 9,309M 9,186M 7,914M 7,081M
Pre-Tax Income 27,766M 31,930M 14,488M 13,823M 12,326M 19,457M 15,737M 16,063M 13,907M 10,284M 13,296M 12,772M 18,271M 13,701M 13,936M 12,916M 12,391M 12,638M 11,343M 14,938M 13,068M 11,265M 7,818M 8,307M 9,684M 8,767M 8,341M 6,859M 6,033M
Pre-Tax Margin 15.2% 17.1% 15.8% 14.8% 13.0% 22.2% 18.6% 17.3% 15.2% 11.4% 14.8% 14.3% 19.9% 14.8% 15.5% 15.4% 14.1% 12.6% 11.0% 13.9% 13.3% 12.4% 9.2% 9.4% 10.9% 10.4% 10.2% 9.2% 8.4%
Income Tax Expense 5,701M 5,399M 3,314M 2,314M 2,730M 2,261M 3,365M 3,159M 3,439M 2,773M 4,413M 3,305M 3,367M 3,256M 3,259M 3,112M 3,343M 3,087M 3,687M 3,416M 3,293M 2,647M 2,404M 2,307M 2,295M 2,429M 2,761M 2,314M 2,000M
Net Income 21,509M 25,879M 10,884M 11,209M 9,270M 16,905M 12,232M 12,609M 10,135M 7,156M 8,531M 9,066M 14,456M 10,015M 10,228M 9,487M 34,233M 10,428M 18,039M 10,649M 9,197M 8,081M 7,031M 6,213M 7,564M 6,681M 5,763M 4,724M 4,205M
Net Income Margin 11.8% 13.9% 11.9% 12.0% 9.8% 19.3% 14.4% 13.6% 11.0% 8.0% 9.5% 10.2% 15.7% 10.8% 11.4% 11.3% 38.9% 10.4% 17.5% 9.9% 9.3% 8.9% 8.3% 7.1% 8.5% 7.9% 7.1% 6.3% 5.9%
Depreciation & Amortization 5,179M 5,146M 2,604M 2,498M 2,590M 2,505M 2,541M 2,778M 3,013M 3,056M 3,022M 3,073M 2,919M 2,950M 3,049M 2,925M 3,182M 3,369M 3,249M 3,211M 3,061M 2,728M 4,383M 4,234M 4,169M 2,581M 2,737M 2,597M 2,609M
EBITDA 33,528M 29,547M 17,328M 16,561M 14,916M 14,184M 17,337M 18,856M 16,765M 13,212M 16,185M 15,481M 13,824M 16,018M 16,437M 15,396M 15,325M 15,207M 13,587M 16,729M 15,847M 13,097M 12,870M 13,135M 14,518M 11,890M 11,923M 10,511M 9,690M
EBITDA Margin 18.3% 15.8% 18.9% 17.7% 15.7% 16.2% 20.5% 20.3% 18.3% 14.7% 18.0% 17.4% 15.0% 17.3% 18.3% 18.4% 17.4% 15.1% 13.2% 15.6% 16.1% 14.4% 15.2% 14.9% 16.3% 14.0% 14.6% 14.1% 13.5%
NOPAT 22,528M 20,275M 11,356M 11,709M 9,596M 10,322M 11,632M 12,916M 10,351M 7,418M 8,794M 9,197M 8,895M 9,962M 10,257M 9,466M 8,867M 8,946M 6,978M 10,427M 9,564M 7,933M 5,877M 6,429M 7,896M 6,730M 6,145M 5,244M 4,734M
NOPAT Margin 12.3% 10.9% 12.4% 12.5% 10.1% 11.8% 13.7% 13.9% 11.3% 8.2% 9.8% 10.3% 9.7% 10.8% 11.4% 11.3% 10.1% 8.9% 6.8% 9.7% 9.7% 8.7% 6.9% 7.3% 8.9% 7.9% 7.5% 7.0% 6.6%
Owner's Earnings 15,372M 19,384M 7,525M 7,504M 6,499M 14,069M 10,409M 11,176M 9,279M 6,274M 7,543M 8,267M 13,461M 8,037M 7,566M 7,386M 32,431M 8,756M 15,834M 8,270M 7,369M 6,676M 7,383M 6,428M 7,466M 5,363M 5,007M 4,376M 3,753M
Owner's Earnings Margin 8.4% 10.4% 8.2% 8.0% 6.9% 16.1% 12.3% 12.0% 10.1% 7.0% 8.4% 9.3% 14.7% 8.7% 8.4% 8.8% 36.8% 8.7% 15.4% 7.7% 7.5% 7.3% 8.7% 7.3% 8.4% 6.3% 6.1% 5.9% 5.2%
EPS (Basic) 8.27 9.52 4.19 4.24 3.42 6.06 4.30 4.30 3.36 2.31 2.76 2.90 4.54 3.14 3.21 2.97 10.16 2.92 4.87 2.78 2.39 2.08 1.70 1.61 1.95 1.73 2.98 12.22 10.70
EPS (Diluted) 8.27 9.53 4.19 4.23 3.42 6.06 4.29 4.30 3.36 2.31 2.75 2.89 4.52 3.13 3.20 2.96 10.12 2.91 4.84 2.75 2.37 2.02 1.74 1.54 1.87 1.71 1.43 1.17 1.04
Shares (Basic) 2,601M 2,706M 2,596M 2,646M 2,707M 2,788M 2,845M 2,929M 3,014M 3,092M 3,091M 3,129M 3,188M 3,191M 3,186M 3,196M 3,371M 3,572M 3,705M 3,829M 3,848M 3,888M 3,884M 3,870M 3,876M 3,873M 4,035M 4,035M 4,035M
Shares (Diluted) 2,601M 2,715M 2,599M 2,648M 2,709M 2,791M 2,849M 2,934M 3,019M 3,098M 3,097M 3,136M 3,196M 3,200M 3,195M 3,205M 3,382M 3,584M 3,725M 3,868M 3,885M 3,999M 4,035M 4,035M 4,035M 3,898M 4,035M 4,035M 4,035M

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 2003-12-31 2002-12-31 2001-12-31 2000-12-31 1999-12-31 1998-12-31
Cash & Cash Equivalents 4,652.00M 5,556.00M 5,556.00M 4,816.00M 5,511.00M 6,988.00M 5,235.00M 7,469.00M 4,500.00M 7,938.00M 7,990.00M 4,884.00M 7,448.00M 6,415.00M 5,713.00M 4,938.00M 8,057.00M 2,734.00M 5,835.00M 6,594.00M 5,278.00M 4,658.00M 4,902.00M 7,074.00M 6,338.00M 7,617.00M 5,451.00M 3,322.00M 4,984.00M
Short-Term Investments 863.00M 2,315.00M 2,315.00M 1,035.00M 1,176.00M 7,050.00M 3,374.00M 2,794.00M 5,801.00M 655.00M 1,306.00M 921.00M 1,433.00M 638.00M 4,159.00M 3,050.00M 8,189.00M 2,585.00M 1,296.00M 2,902.00M 6,197.00M 12,735.00M 585.00M 669.00M 2,862.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 5,515.00M 7,871.00M 7,871.00M 5,851.00M 6,687.00M 14,038.00M 8,609.00M 10,263.00M 10,301.00M 8,593.00M 9,296.00M 5,805.00M 8,881.00M 7,053.00M 9,872.00M 7,988.00M 16,246.00M 5,319.00M 7,131.00M 9,496.00M 11,475.00M 17,393.00M 5,487.00M 7,743.00M 9,200.00M 7,617.00M 5,451.00M 3,322.00M 4,984.00M
Net Receivables 10,654.00M 9,419.00M 9,419.00M 9,001.00M 8,831.00M 8,572.00M 8,098.00M 9,425.00M 9,110.00M 9,736.00M 10,023.00M 9,696.00M 10,283.00M 9,367.00M 14,020.00M 14,240.00M 13,039.00M 13,354.00M 14,331.00M 15,421.00M 14,577.00M 14,291.00M 11,809.00M 12,851.00M 12,666.00M 0.00M 0.00M 0.00M 0.00M
Inventory 14,434.00M 13,260.00M 13,260.00M 11,896.00M 15,019.00M 11,982.00M 10,101.00M 9,343.00M 9,125.00M 9,177.00M 8,401.00M 8,153.00M 9,172.00M 8,382.00M 8,939.00M 9,255.00M 7,925.00M 7,734.00M 9,342.00M 9,272.00M 8,029.00M 8,162.00M 7,025.00M 6,995.00M 6,794.00M 7,691.00M 7,168.00M 7,383.00M 6,948.00M
Other Current Assets 1,983.00M 4,095.00M 4,095.00M 3,588.00M 3,976.00M 4,090.00M 6,783.00M 6,134.00M 11,937.00M 3,805.00M 3,749.00M 5,197.00M 5,060.00M 4,502.00M 1,189.00M 941.00M 1,039.00M 12,874.00M 1,617.00M 776.00M 630.00M 1,278.00M 10,380.00M 8,054.00M 6,050.00M 23,737.00M 18,128.00M 16,464.00M 14,747.00M
Total Current Assets 32,586.00M 34,645.00M 34,645.00M 30,336.00M 34,513.00M 38,682.00M 33,591.00M 35,165.00M 40,473.00M 31,311.00M 31,469.00M 28,851.00M 33,396.00M 29,304.00M 34,020.00M 32,424.00M 38,249.00M 39,281.00M 32,421.00M 34,965.00M 34,711.00M 41,124.00M 34,701.00M 35,643.00M 34,710.00M 39,045.00M 30,747.00M 27,169.00M 26,679.00M
Property, Plant & Equipment 31,821.00M 33,706.00M 33,706.00M 30,467.00M 30,141.00M 28,345.00M 25,840.00M 28,762.00M 29,956.00M 30,777.00M 27,554.00M 26,576.00M 28,421.00M 26,895.00M 26,576.00M 23,971.00M 21,438.00M 21,599.00M 21,097.00M 22,065.00M 20,230.00M 18,834.00M 17,052.00M 17,439.00M 17,025.00M 19,898.00M 34,777.00M 31,770.00M 29,762.00M
Goodwill 27,863.00M 30,595.00M 30,595.00M 28,693.00M 31,262.00M 31,012.00M 27,620.00M 28,896.00M 31,702.00M 29,746.00M 33,007.00M 32,772.00M 34,557.00M 31,039.00M 32,688.00M 29,008.00M 27,031.00M 27,502.00M 30,637.00M 33,423.00M 28,513.00M 26,990.00M 23,854.00M 26,745.00M 25,718.00M 25,253.00M 0.00M 0.00M 0.00M
Intangible Assets 17,272.00M 19,245.00M 19,245.00M 18,225.00M 20,237.00M 22,223.00M 20,148.00M 17,824.00M 18,634.00M 20,615.00M 20,397.00M 19,236.00M 19,800.00M 12,673.00M 13,018.00M 9,356.00M 7,728.00M 6,658.00M 6,867.00M 7,217.00M 3,773.00M 2,852.00M 2,028.00M 1,575.00M 1,242.00M 898.00M 0.00M 0.00M 0.00M
Long-Term Investments 17,136.00M 17,976.00M 17,976.00M 16,035.00M 16,276.00M 14,630.00M 14,599.00M 14,116.00M 13,359.00M 17,631.00M 16,428.00M 14,094.00M 14,142.00M 16,865.00M 16,592.00M 12,740.00M 6,091.00M 10,270.00M 10,368.00M 10,247.00M 5,011.00M 9,586.00M 5,916.00M 4,432.00M -301.00M 5,382.00M 0.00M 0.00M 0.00M
Tax 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 2,899.00M 2,476.00M 1,911.00M 2,202.00M 2,842.00M 2,224.00M 2,433.00M 1,697.00M 1,446.00M 1,398.00M 1,519.00M 1,918.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 2,599.00M 2,554.00M 2,554.00M 2,273.00M 2,204.00M 3,675.00M 1,753.00M 2,679.00M 2,361.00M 2,557.00M 2,473.00M 1,880.00M 2,569.00M 2,904.00M 84.00M 3,216.00M 8,445.00M 2,815.00M 1,356.00M 3,713.00M 6,540.00M 1,673.00M 1,513.00M 1,739.00M 6,807.00M 1,392.00M 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 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 96,691.00M 104,076.00M 104,076.00M 95,693.00M 100,120.00M 99,885.00M 89,960.00M 92,277.00M 96,012.00M 101,326.00M 99,859.00M 94,558.00M 99,489.00M 90,376.00M 91,857.00M 80,767.00M 72,644.00M 71,046.00M 73,167.00M 78,889.00M 66,500.00M 61,632.00M 51,809.00M 53,328.00M 52,010.00M 54,741.00M 34,777.00M 31,770.00M 29,762.00M
Total Assets 129,277.00M 138,721.00M 138,721.00M 126,029.00M 134,633.00M 138,567.00M 123,551.00M 127,442.00M 136,485.00M 132,637.00M 131,328.00M 123,409.00M 132,885.00M 119,680.00M 125,877.00M 113,191.00M 110,893.00M 110,327.00M 105,588.00M 113,854.00M 101,211.00M 102,756.00M 86,510.00M 88,971.00M 86,720.00M 93,786.00M 65,524.00M 58,939.00M 56,441.00M
Accounts Payable 19,141.00M 16,685.00M 16,685.00M 14,195.00M 15,798.00M 15,625.00M 13,802.00M 14,017.00M 13,045.00M 12,890.00M 12,284.00M 17,038.00M 17,437.00M 16,072.00M 14,627.00M 13,584.00M 12,592.00M 13,033.00M 12,608.00M 14,179.00M 12,572.00M 11,117.00M 9,074.00M 9,852.00M 9,932.00M 10,504.00M 10,001.00M 9,635.00M 8,487.00M
Short-Term Debt 18,616.00M 10,776.00M 10,776.00M 8,541.00M 10,234.00M 9,776.00M 11,494.00M 13,616.00M 14,196.00M 10,763.00M 12,954.00M 10,402.00M 9,251.00M 11,600.00M 18,408.00M 16,100.00M 12,617.00M 14,438.00M 15,383.00M 24,541.00M 14,102.00M 18,841.00M 14,722.00M 15,419.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Payables 0.00M 4,127.00M 4,127.00M 2,360.00M 2,447.00M 2,962.00M 2,661.00M 2,673.00M 2,731.00M 2,477.00M 1,221.00M 1,124.00M 1,264.00M 1,276.00M 1,631.00M 1,417.00M 1,079.00M 1,173.00M 824.00M 856.00M 884.00M 705.00M 584.00M 549.00M 840.00M 894.00M 1,088.00M 1,057.00M 923.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 3,837.00M 7,157.00M 7,157.00M 6,696.00M 6,406.00M 7,061.00M 6,948.00M 6,881.00M 8,992.00M 7,169.00M 6,350.00M 2,166.00M 2,402.00M 2,016.00M 3,954.00M 4,131.00M 3,858.00M 7,439.00M 4,408.00M 3,750.00M 4,921.00M 5,155.00M 4,737.00M 4,545.00M 23,805.00M 29,597.00M 12,085.00M 11,226.00M 13,181.00M
Total Current Liabilities 41,594.00M 38,745.00M 38,745.00M 31,792.00M 34,885.00M 35,424.00M 34,905.00M 37,187.00M 38,964.00M 33,299.00M 32,809.00M 30,730.00M 30,354.00M 30,964.00M 38,620.00M 35,232.00M 30,146.00M 36,083.00M 33,223.00M 43,326.00M 32,479.00M 35,818.00M 29,117.00M 30,365.00M 34,577.00M 40,995.00M 23,174.00M 21,918.00M 22,591.00M
Long-Term Debt 46,988.00M 49,822.00M 49,822.00M 43,791.00M 41,086.00M 34,187.00M 25,764.00M 20,466.00M 23,235.00M 15,892.00M 10,952.00M 11,465.00M 12,207.00M 10,165.00M 9,008.00M 6,207.00M 7,483.00M 8,966.00M 6,344.00M 6,129.00M 6,952.00M 7,858.00M 10,477.00M 0.00M 0.00M 497.00M 402.00M 264.00M 179.00M
Capital Lease Obligations 0.00M 2,962.00M 2,962.00M 2,909.00M 2,992.00M 2,930.00M 2,779.00M 3,375.00M 3,253.00M 107.00M 139.00M 136.00M 235.00M 242.00M 0.00M 0.00M 0.00M 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 3,416.00M 3,767.00M 3,767.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 2,240.00M 2,060.00M 1,371.00M 1,404.00M 1,341.00M 1,398.00M 706.00M 240.00M 447.00M 576.00M 492.00M 1,301.00M 1,550.00M 1,327.00M 1,395.00M
Other Non-Current Liabilities 3,848.00M 4,244.00M 4,244.00M 7,254.00M 8,994.00M 8,913.00M 9,864.00M 10,331.00M 9,882.00M 14,226.00M 17,312.00M 15,084.00M 16,275.00M 13,023.00M 13,368.00M 12,318.00M 9,811.00M 10,574.00M 10,162.00M 9,204.00M 8,414.00M 9,279.00M 6,523.00M 20,797.00M 17,491.00M 16,267.00M 9,885.00M 9,463.00M 8,108.00M
Total Non-Current Liabilities 54,252.00M 60,795.00M 60,795.00M 53,954.00M 53,072.00M 46,030.00M 38,407.00M 34,172.00M 36,370.00M 30,225.00M 28,403.00M 26,685.00M 28,717.00M 23,430.00M 24,616.00M 20,585.00M 18,665.00M 20,944.00M 17,847.00M 16,731.00M 16,072.00M 17,377.00M 17,447.00M 21,373.00M 17,983.00M 18,065.00M 11,837.00M 11,054.00M 9,682.00M
Total Liabilities 95,846.00M 99,540.00M 99,540.00M 85,746.00M 87,957.00M 81,454.00M 73,312.00M 71,359.00M 75,334.00M 63,524.00M 61,212.00M 57,415.00M 59,071.00M 54,394.00M 63,236.00M 55,817.00M 48,811.00M 57,027.00M 51,070.00M 60,057.00M 48,551.00M 53,195.00M 46,564.00M 51,738.00M 52,560.00M 59,060.00M 35,011.00M 32,972.00M 32,273.00M
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 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 258.00M 262.00M 262.00M 267.00M 275.00M 282.00M 288.00M 298.00M 306.00M 311.00M 311.00M 319.00M 322.00M 322.00M 322.00M 330.00M 347.00M 365.00M 383.00M 393.00M 401.00M 404.00M 404.00M 404.00M 404.00M 404.00M 404.00M 404.00M 404.00M
Retained Earnings 59,380.00M 66,363.00M 66,363.00M 68,261.00M 74,632.00M 81,363.00M 76,812.00M 83,060.00M 84,620.00M 83,629.00M 82,870.00M 88,014.00M 90,839.00M 85,252.00M 80,687.00M 80,116.00M 88,422.00M 67,736.00M 71,146.00M 66,549.00M 49,963.00M 45,494.00M 39,911.00M 36,093.00M 32,307.00M 27,517.00M 23,388.00M 17,439.00M 16,285.00M
Accumulated OCI -30,479.00M -26,425.00M -26,425.00M -27,631.00M -23,622.00M -22,311.00M -24,762.00M -21,571.00M -20,615.00M -18,447.00M -17,601.00M -18,506.00M -17,113.00M -20,803.00M -17,924.00M -16,927.00M -15,794.00M -11,175.00M -11,103.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 221.00M 776.00M 776.00M 645.00M 810.00M 587.00M 819.00M 827.00M 1,040.00M 1,273.00M 1,391.00M 1,648.00M 1,754.00M 1,564.00M 1,657.00M 1,477.00M 731.00M 4,716.00M 4,142.00M 2,149.00M 1,857.00M 1,570.00M 1,057.00M 943.00M 813.00M 576.00M 609.00M 625.00M 564.00M
Total Shareholders’ Equity 29,159.00M 40,200.00M 40,200.00M 40,897.00M 51,285.00M 59,334.00M 52,338.00M 61,787.00M 64,311.00M 65,493.00M 65,580.00M 69,827.00M 74,048.00M 64,771.00M 63,085.00M 63,519.00M 72,975.00M 56,926.00M 60,426.00M 66,942.00M 50,364.00M 45,898.00M 40,315.00M 36,497.00M 32,711.00M 27,921.00M 23,792.00M 17,843.00M 16,689.00M
Total Equity 29,380.00M 40,976.00M 40,976.00M 41,542.00M 52,095.00M 59,921.00M 53,157.00M 62,614.00M 65,351.00M 66,766.00M 66,971.00M 71,475.00M 75,802.00M 66,335.00M 64,742.00M 64,996.00M 73,706.00M 61,642.00M 64,568.00M 69,091.00M 52,221.00M 47,468.00M 41,372.00M 37,440.00M 33,524.00M 28,497.00M 24,401.00M 18,468.00M 17,253.00M
Total Liabilities & Equity 125,226.00M 140,516.00M 140,516.00M 127,288.00M 140,052.00M 141,375.00M 126,469.00M 133,973.00M 140,685.00M 130,290.00M 128,183.00M 128,890.00M 134,873.00M 120,729.00M 127,978.00M 120,813.00M 122,517.00M 118,669.00M 115,638.00M 129,148.00M 100,772.00M 100,663.00M 87,936.00M 89,178.00M 86,084.00M 87,557.00M 59,412.00M 51,440.00M 49,526.00M
Tangible Assets 84,142.00M 88,881.00M 88,881.00M 79,111.00M 83,134.00M 85,332.00M 75,783.00M 80,722.00M 86,149.00M 82,276.00M 77,924.00M 71,401.00M 78,528.00M 75,968.00M 80,171.00M 74,827.00M 76,134.00M 76,167.00M 68,084.00M 73,214.00M 68,925.00M 72,914.00M 60,628.00M 60,651.00M 59,760.00M 67,635.00M 65,524.00M 58,939.00M 56,441.00M
Tangible Equity -15,755.00M -8,864.00M -8,864.00M -5,376.00M 596.00M 6,686.00M 5,389.00M 15,894.00M 15,015.00M 16,405.00M 13,567.00M 19,467.00M 21,445.00M 22,623.00M 19,036.00M 26,632.00M 38,947.00M 27,482.00M 27,064.00M 28,451.00M 19,935.00M 17,626.00M 15,490.00M 9,120.00M 6,564.00M 2,346.00M 24,401.00M 18,468.00M 17,253.00M
Tangible Book Value -15,755.00M -8,864.00M -8,864.00M -5,376.00M 596.00M 6,686.00M 5,389.00M 15,894.00M 15,015.00M 16,405.00M 13,567.00M 19,467.00M 21,445.00M 22,623.00M 19,036.00M 26,632.00M 38,947.00M 27,482.00M 27,064.00M 28,451.00M 19,935.00M 17,626.00M 15,490.00M 9,120.00M 6,564.00M 2,346.00M 24,401.00M 18,468.00M 17,253.00M
Total Investments 17,999.00M 20,291.00M 20,291.00M 17,070.00M 17,452.00M 21,637.00M 17,973.00M 16,910.00M 19,160.00M 18,286.00M 17,734.00M 15,015.00M 15,575.00M 17,503.00M 16,565.00M 15,790.00M 14,280.00M 12,855.00M 11,664.00M 13,149.00M 11,208.00M 22,321.00M 6,501.00M 5,101.00M 2,561.00M 5,382.00M 0.00M 0.00M 0.00M
Net Debt 60,952.00M 55,042.00M 55,042.00M 47,516.00M 45,809.00M 36,975.00M 32,023.00M 26,613.00M 32,931.00M 18,717.00M 15,916.00M 16,983.00M 14,010.00M 15,350.00M 21,703.00M 17,369.00M 12,043.00M 20,670.00M 15,892.00M 24,076.00M 15,776.00M 22,041.00M 20,297.00M 8,345.00M -6,338.00M -7,120.00M -5,049.00M -3,058.00M -4,805.00M

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 2003-12-31 2002-12-31 2001-12-31 2000-12-31 1999-12-31 1998-12-31
Working Capital -13,392.0M -7,675.0M -7,675.0M -6,227.0M -4,914.0M -763.0M -5,654.0M -5,952.0M -2,027.0M -6,305.0M -5,475.0M -3,887.0M 1,066.0M -2,851.0M -4,577.0M -1,908.0M 8,851.0M 3,787.0M -175.0M -7,556.0M 2,826.0M 5,947.0M 6,168.0M 5,868.0M 1,605.0M -2,447.0M 7,573.0M 4,987.0M 4,088.0M
Total Capital 94,430.0M 99,477.0M 99,477.0M 90,983.0M 96,294.0M 100,033.0M 85,732.0M 89,492.0M 98,047.0M 91,071.0M 88,677.0M 84,383.0M 91,823.0M 84,582.0M 88,423.0M 79,104.0M 81,967.0M 72,319.0M 72,501.0M 83,297.0M 73,437.0M 74,616.0M 53,958.0M 52,299.0M 53,521.0M 34,150.0M 30,306.0M 25,342.0M 23,558.0M
Capital Employed 83,299.0M 96,401.0M 96,401.0M 89,466.0M 95,206.0M 99,122.0M 84,306.0M 86,325.0M 93,985.0M 95,021.0M 94,384.0M 90,671.0M 100,555.0M 87,525.0M 87,280.0M 78,859.0M 81,495.0M 74,833.0M 72,992.0M 71,333.0M 69,326.0M 67,579.0M 57,977.0M 59,196.0M 53,615.0M 52,294.0M 42,350.0M 36,757.0M 33,850.0M
Invested Capital 89,778.0M 93,921.0M 93,921.0M 86,167.0M 90,783.0M 93,045.0M 80,497.0M 82,023.0M 93,547.0M 83,133.0M 80,687.0M 79,499.0M 84,375.0M 78,167.0M 82,710.0M 74,166.0M 73,910.0M 69,585.0M 66,666.0M 76,703.0M 68,159.0M 69,958.0M 49,056.0M 45,225.0M 47,183.0M 26,533.0M 24,855.0M 22,020.0M 18,574.0M

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 2003-12-31 2002-12-31 2001-12-31 2000-12-31 1999-12-31 1998-12-31
Net Income 21,509.00M 25,879.00M 11,174.00M 11,209.00M 9,270.00M 16,905.00M 12,232.00M 12,609.00M 10,135.00M 7,156.00M 8,531.00M 9,066.00M 14,456.00M 10,015.00M 11,060.00M 9,804.00M 35,384.00M 11,793.00M 19,051.00M 11,382.00M 9,775.00M 7,995.00M 5,551.00M 6,000.00M 7,389.00M 6,338.00M 5,580.00M 4,724.00M 4,291.00M
Depreciation & Amortization 7,117.00M 7,032.00M 3,582.00M 3,458.00M 3,541.00M 3,440.00M 3,465.00M 3,713.00M 3,759.00M 3,780.00M 3,022.00M 3,073.00M 2,919.00M 2,950.00M 3,150.00M 2,925.00M 3,182.00M 3,369.00M 3,249.00M 3,211.00M 3,061.00M 2,728.00M 4,383.00M 4,234.00M 2,542.00M 2,581.00M 2,737.00M 2,597.00M 2,910.00M
Deferred Income Tax -784.00M -10,753.00M 0.00M -784.00M 48.00M -7,244.00M 661.00M -35.00M 545.00M 202.00M 504.00M -93.00M 1,221.00M 206.00M -660.00M -114.00M -24,744.00M -438.00M -8,897.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 347.00M 426.00M 116.00M 142.00M 128.00M 130.00M 123.00M 124.00M 227.00M 247.00M 227.00M 219.00M 205.00M 208.00M 157.00M 158.00M 187.00M 232.00M 250.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -1,538.00M -3,589.00M 874.00M 709.00M -3,647.00M -600.00M -385.00M 255.00M -997.00M -891.00M -284.00M -348.00M -1,426.00M -414.00M 1,613.00M -3,080.00M -828.00M 2,663.00M -2,131.00M 244.00M 10.00M -763.00M 227.00M -688.00M 787.00M -870.00M -368.00M 235.00M -506.00M
Accounts Receivable -1,382.00M -1,145.00M -355.00M -1,027.00M -321.00M -824.00M 36.00M -1,028.00M -547.00M -52.00M -46.00M -323.00M -892.00M -257.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 500.00M -4,842.00M -1,256.00M 1,756.00M -3,428.00M -1,414.00M -1,740.00M -712.00M -450.00M -839.00M -238.00M -25.00M -534.00M -157.00M 268.00M -1,280.00M -899.00M 1,099.00M -1,523.00M -1,001.00M -43.00M -455.00M -457.00M -234.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable 0.00M 1,702.00M 2,676.00M 65.00M 492.00M 2,115.00M 1,193.00M 1,661.00M 1,043.00M 522.00M 1,914.00M 988.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 Working Capital -99.00M 696.00M -191.00M -85.00M -390.00M -477.00M 126.00M 334.00M -1,043.00M -522.00M -1,914.00M -988.00M 485.00M -385.00M 1,345.00M -1,800.00M 71.00M 1,564.00M -608.00M 1,245.00M 53.00M -308.00M 684.00M -454.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Cash Items 8,702.00M 11,537.00M 929.00M 1,207.00M 2,514.00M 1,122.00M -1,865.00M -999.00M 1,729.00M 3,705.00M 3,582.00M 2,385.00M -1,454.00M 2,233.00M 452.00M 70.00M 427.00M 315.00M -759.00M -1,398.00M -1,170.00M 245.00M 251.00M 579.00M -470.00M 565.00M 902.00M 631.00M -323.00M
Net Cash from Operating Activities 31,747.00M 26,843.00M 16,675.00M 15,941.00M 11,907.00M 13,864.00M 14,377.00M 15,850.00M 15,398.00M 14,199.00M 15,582.00M 14,302.00M 14,700.00M 14,992.00M 15,772.00M 9,763.00M 13,608.00M 17,934.00M 10,763.00M 13,439.00M 11,676.00M 10,205.00M 10,412.00M 10,125.00M 10,248.00M 8,614.00M 8,851.00M 8,187.00M 6,372.00M
Capital Expenditures (PPE) -11,316.00M -11,641.00M -5,963.00M -6,203.00M -5,361.00M -5,341.00M -4,364.00M -4,211.00M -3,869.00M -3,938.00M -4,010.00M -3,872.00M -3,914.00M -4,928.00M -5,711.00M -5,026.00M -4,984.00M -5,041.00M -5,454.00M -5,590.00M -4,889.00M -4,133.00M -4,031.00M -4,019.00M -4,267.00M -3,899.00M -3,493.00M -2,945.00M -3,061.00M
Acquisitions (Net) -766.00M -8,706.00M -1,364.00M -578.00M -2,155.00M -3,465.00M -605.00M 9,818.00M -5,730.00M -1,082.00M -1,522.00M -317.00M 2,293.00M 72.00M -10,860.00M -3,378.00M 22,387.00M -359.00M 10,328.00M -10,512.00M -5,699.00M -543.00M -367.00M -1,225.00M -711.00M -18,766.00M -2,846.00M -440.00M -4,031.00M
Purchases of Investments -313.00M -4,931.00M 0.00M 0.00M -918.00M -4,325.00M -931.00M -540.00M -5,159.00M -140.00M -1,083.00M -44.00M -1,099.00M -244.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments -334.00M 13,645.00M 0.00M 0.00M 5,902.00M 9,294.00M 0.00M 2,978.00M 728.00M 587.00M 2,605.00M 521.00M 255.00M 3,044.00M 0.00M 0.00M 0.00M 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 Investing Activities -2,342.00M 682.00M -1,297.00M 585.00M 24.00M 192.00M 232.00M 295.00M -236.00M -377.00M 492.00M -441.00M -607.00M 450.00M 1,984.00M -2,139.00M -2,854.00M 1.00M -175.00M 349.00M 68.00M 18.00M 424.00M 516.00M 224.00M 1,023.00M 1,281.00M 626.00M 915.00M
Net Cash from Investing Activities -15,071.00M -10,951.00M -8,624.00M -6,196.00M -2,508.00M -3,645.00M -5,668.00M 8,340.00M -14,266.00M -4,950.00M -6,123.00M -4,153.00M -3,072.00M -1,606.00M -14,587.00M -10,543.00M 14,549.00M -5,399.00M 4,699.00M -15,753.00M -10,520.00M -4,658.00M -3,974.00M -4,728.00M -4,754.00M -21,642.00M -5,058.00M -2,759.00M -6,177.00M
Net Debt Issuance 655.00M 16,218.00M 5,333.00M 3,680.00M 7,801.00M 5,980.00M 4,401.00M -3,674.00M 10,708.00M 2,205.00M 265.00M 873.00M -1,752.00M -4,520.00M 5,901.00M 2,348.00M -7,717.00M 127.00M -3,887.00M 9,343.00M -875.00M -1,246.00M -2,232.00M -1,452.00M -1,565.00M 17,527.00M -697.00M -3,403.00M 2,078.00M
Long-Term Debt Issuance 1,999.00M 16,218.00M 2,937.00M 6,217.00M 7,653.00M 6,865.00M 7,148.00M -3,230.00M 7,188.00M 3,216.00M 265.00M 873.00M 233.00M 1,543.00M 3,576.00M -1,156.00M 292.00M 2,213.00M 765.00M -508.00M -861.00M -754.00M -1,028.00M 1,478.00M 2,240.00M 2,887.00M -282.00M 428.00M 1.00M
Short-Term Debt Issuance -1,344.00M 0.00M 2,396.00M -2,537.00M 148.00M -885.00M -2,747.00M -444.00M 3,520.00M -1,011.00M 1,368.00M 643.00M -1,985.00M -6,063.00M 2,325.00M 3,504.00M -8,009.00M -2,205.00M -4,652.00M 9,851.00M -14.00M -492.00M -1,204.00M -2,930.00M -3,805.00M 14,640.00M -415.00M -3,831.00M 2,077.00M
Net Stock Issuance -7,366.00M -16,725.00M -4,678.00M -5,234.00M -10,679.00M -6,548.00M -6,814.00M -9,773.00M -6,854.00M -3,295.00M 0.00M -6,377.00M -1,617.00M -421.00M 667.00M -4,953.00M -11,857.00M -6,721.00M -8,057.00M -4,475.00M -1,882.00M -258.00M -142.00M 342.00M -210.00M -1,133.00M -765.00M -2,311.00M -280.00M
Common Stock Issuance 0.00M 13,690.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 760.00M 0.00M 104.00M 60.00M 1,199.00M 527.00M 278.00M 292.00M 639.00M 980.00M 906.00M 1,295.00M 573.00M 660.00M 395.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased -7,366.00M -16,725.00M -4,678.00M -5,234.00M -10,679.00M -6,548.00M -6,814.00M -9,773.00M -6,854.00M -3,295.00M 0.00M -6,377.00M -1,721.00M -481.00M -532.00M -5,480.00M -12,135.00M -7,013.00M -8,696.00M -5,455.00M -2,788.00M -1,553.00M -715.00M -318.00M -605.00M -1,133.00M -765.00M 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 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -15,665.00M -15,447.00M -7,816.00M -7,829.00M -7,618.00M -7,681.00M -7,700.00M -7,230.00M -7,124.00M -7,126.00M -6,937.00M -6,950.00M -6,863.00M -6,552.00M -6,213.00M -5,939.00M -5,443.00M -5,047.00M -4,573.00M -4,004.00M -3,471.00M -3,114.00M -2,800.00M -2,705.00M -2,484.00M -2,127.00M -1,657.00M -1,469.00M -1,376.00M
Common Dividends Paid -15,665.00M -15,447.00M -7,816.00M -7,829.00M -7,618.00M -7,681.00M -7,700.00M -7,230.00M -7,124.00M -7,126.00M -6,937.00M -6,950.00M -6,863.00M -6,552.00M -6,213.00M -5,939.00M -5,443.00M -5,047.00M -4,573.00M -4,004.00M -3,471.00M -3,114.00M -2,800.00M -2,705.00M -2,484.00M -2,127.00M -1,657.00M -1,469.00M -1,376.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 7,407.00M -616.00M -201.00M -375.00M -284.00M -302.00M -268.00M -463.00M -847.00M -868.00M 488.00M 219.00M -405.00M -665.00M -412.00M 6,186.00M -791.00M -720.00M -367.00M 3,033.00M 6,198.00M -1,903.00M -2,753.00M -199.00M -501.00M 917.00M 1,697.00M -190.00M 1,091.00M
Net Cash from Financing Activities -14,969.00M -16,570.00M -7,362.00M -9,758.00M -10,780.00M -8,551.00M -10,381.00M -21,140.00M -4,117.00M -9,084.00M -6,184.00M -12,235.00M -10,637.00M -12,158.00M -57.00M -2,358.00M -25,808.00M -12,361.00M -16,884.00M 3,897.00M -30.00M -6,521.00M -7,927.00M -4,014.00M -4,760.00M 15,184.00M -1,422.00M -7,373.00M 1,513.00M
Effect of FX on Cash -729.00M -511.00M 53.00M -682.00M -100.00M 89.00M -562.00M -221.00M -313.00M -217.00M -169.00M -478.00M 42.00M -526.00M -226.00M 19.00M -117.00M -184.00M 663.00M -64.00M -506.00M 730.00M -189.00M -190.00M -365.00M -29.00M -67.00M 234.00M -87.00M
Net Change in Cash 5,801.00M -1,201.00M 740.00M -695.00M -1,477.00M 2,429.00M -975.00M 2,442.00M -3,298.00M -52.00M 3,106.00M -2,564.00M 1,033.00M 702.00M 902.00M -3,119.00M 2,232.00M -10.00M -759.00M 1,519.00M 620.00M -244.00M -2,172.00M 736.00M -1,279.00M 2,195.00M 2,196.00M -1,896.00M 1,659.00M
Cash at Beginning of Period 14,088.00M 22,731.00M 4,816.00M 5,511.00M 6,988.00M 4,559.00M 5,534.00M 3,092.00M 7,938.00M 7,990.00M 4,884.00M 7,448.00M 6,415.00M 5,713.00M 4,938.00M 8,057.00M 5,825.00M 5,835.00M 6,594.00M 5,075.00M 4,658.00M 4,902.00M 7,074.00M 6,338.00M 7,617.00M 5,422.00M 3,255.00M 5,218.00M 3,325.00M
Cash at End of Period 19,889.00M 21,530.00M 5,556.00M 4,816.00M 5,511.00M 6,988.00M 4,559.00M 5,534.00M 4,640.00M 7,938.00M 7,990.00M 4,884.00M 7,448.00M 6,415.00M 5,840.00M 4,938.00M 8,057.00M 5,825.00M 5,835.00M 6,594.00M 5,278.00M 4,658.00M 4,902.00M 7,074.00M 6,338.00M 7,617.00M 5,451.00M 3,322.00M 4,984.00M
Operating Cash Flow 31,747.00M 26,843.00M 16,675.00M 15,941.00M 11,907.00M 13,864.00M 14,377.00M 15,850.00M 15,398.00M 14,199.00M 15,582.00M 14,302.00M 14,700.00M 14,992.00M 15,772.00M 9,763.00M 13,608.00M 17,934.00M 10,763.00M 13,439.00M 11,676.00M 10,205.00M 10,412.00M 10,125.00M 10,248.00M 8,614.00M 8,851.00M 8,187.00M 6,372.00M
Capital Expenditure -11,316.00M -11,641.00M -5,963.00M -6,203.00M -5,361.00M -5,341.00M -4,364.00M -4,211.00M -3,869.00M -3,938.00M -4,010.00M -3,872.00M -3,914.00M -4,928.00M -5,711.00M -5,026.00M -4,984.00M -5,041.00M -5,454.00M -5,590.00M -4,889.00M -4,133.00M -4,031.00M -4,019.00M -4,267.00M -3,899.00M -3,493.00M -2,945.00M -3,061.00M
Free Cash Flow 20,431.00M 15,202.00M 10,712.00M 9,738.00M 6,546.00M 8,523.00M 10,013.00M 11,639.00M 11,529.00M 10,261.00M 11,572.00M 10,430.00M 10,786.00M 10,064.00M 10,061.00M 4,737.00M 8,624.00M 12,893.00M 5,309.00M 7,849.00M 6,787.00M 6,072.00M 6,381.00M 6,106.00M 5,981.00M 4,715.00M 5,358.00M 5,242.00M 3,311.00M

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 2003-12-31 2002-12-31 2001-12-31 2000-12-31 1999-12-31 1998-12-31
EBITDA 36,216.00M 36,868.00M 18,256.00M 18,500.00M 18,638.00M 17,526.00M 17,321.00M 18,889.00M 18,383.00M 17,626.00M 17,141.00M 16,928.00M 17,541.00M 17,594.00M 17,009.00M 16,148.00M 17,220.00M 16,591.00M 16,489.00M 18,235.00M 16,363.00M 14,604.00M 15,143.00M 15,240.00M 15,109.00M 41,940.00M 12,649.00M 11,297.00M 10,215.00M
(-) Tax Adjustment 7,435.98M 6,233.96M 4,175.90M 3,096.94M 4,128.00M 2,036.61M 3,703.70M 3,714.77M 4,545.85M 4,752.71M 5,689.17M 4,380.44M 3,232.47M 4,181.16M 3,977.64M 3,890.72M 4,645.83M 4,052.57M 5,359.69M 4,169.95M 4,123.31M 3,431.58M 4,656.40M 4,232.42M 3,580.66M 11,619.97M 4,187.01M 3,811.23M 3,386.37M
(-) Change In Working Capital -1,538.00M -3,589.00M 874.00M 709.00M -3,647.00M -600.00M -385.00M 255.00M -997.00M -891.00M -284.00M -348.00M -1,426.00M -414.00M 1,613.00M -3,080.00M -828.00M 2,663.00M -2,131.00M 244.00M 10.00M -763.00M 227.00M -688.00M 787.00M -870.00M -368.00M 235.00M -506.00M
(-) Capital Expenditure -11,316.00M -11,641.00M -5,963.00M -6,203.00M -5,361.00M -5,341.00M -4,364.00M -4,211.00M -3,869.00M -3,938.00M -4,010.00M -3,872.00M -3,914.00M -4,928.00M -5,711.00M -5,026.00M -4,984.00M -5,041.00M -5,454.00M -5,590.00M -4,889.00M -4,133.00M -4,031.00M -4,019.00M -4,267.00M -3,899.00M -3,493.00M -2,945.00M -3,061.00M
Unlevered Free Cash Flow 19,002.02M 22,582.04M 7,243.10M 8,491.06M 12,796.00M 10,748.39M 9,638.30M 10,708.23M 10,965.15M 9,826.29M 7,725.83M 9,023.56M 11,820.53M 8,898.84M 5,707.36M 10,311.28M 8,418.17M 4,834.43M 7,806.31M 8,231.05M 7,340.69M 7,802.42M 6,228.60M 7,676.58M 6,474.34M 27,291.03M 5,336.99M 4,305.77M 4,273.63M
(-) Net Interest Income After Taxes -2,308.54M -1,823.02M -1,143.78M -1,131.50M -808.88M -769.79M -689.47M -814.58M -571.31M -357.88M -299.97M -460.30M -352.39M -479.52M -340.17M -319.56M -562.26M -500.30M -677.65M -819.91M -623.84M -627.32M -463.29M 10.11M -507.40M 0.00M 0.00M 0.00M 0.00M
Net Debt Issuance 655.00M 16,218.00M 5,333.00M 3,680.00M 7,801.00M 5,980.00M 4,401.00M -3,674.00M 10,708.00M 2,205.00M 265.00M 873.00M -1,752.00M -4,520.00M 5,901.00M 2,348.00M -7,717.00M 127.00M -3,887.00M 9,343.00M -875.00M -1,246.00M -2,232.00M -1,452.00M -1,565.00M 17,527.00M -697.00M -3,403.00M 2,078.00M
Levered Free Cash Flow 21,965.56M 40,623.06M 13,719.88M 13,302.56M 21,405.88M 17,498.18M 14,728.77M 7,848.81M 22,244.46M 12,389.16M 8,290.80M 10,356.86M 10,420.92M 4,858.36M 11,948.53M 12,978.84M 1,263.43M 5,461.72M 4,596.97M 18,393.96M 7,089.53M 7,183.74M 4,459.88M 6,214.47M 5,416.74M 44,818.03M 4,639.99M 902.77M 6,351.63M