Page: Company Financials
Reach Subsea ASA
$6.85
+0.19 (2.85%)
As of: 2026-01-23
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 | 7.54 | 7.47 | 4.26 | 3.98 | 3.07 | 1.43 | 1.90 | 2.46 | 2.05 | 1.69 | 2.16 | 3.42 | 3.90 | 3.65 | 20.95 | 81.03 | 190.66 |
| Market Capitalization | 2,377.77M | 1,973.40M | 1,049.19M | 827.20M | 436.47M | 207.25M | 259.49M | 347.14M | 276.02M | 132.81M | 167.13M | 265.01M | 251.54M | 78.15M | 309.80M | 500.76M | 236.35M |
| (-) Cash & Equivalents | 248.23M | 239.95M | 206.12M | 198.67M | 114.65M | 68.60M | 62.14M | 85.46M | 86.75M | 27.32M | 39.88M | 46.37M | 63.59M | 20.07M | 51.56M | 72.04M | 84.36M |
| (+) Total Debt | 1,354.61M | 1,688.85M | 1,081.93M | 245.28M | 166.56M | 116.72M | 265.51M | 226.73M | 71.93M | 93.98M | 121.39M | 73.81M | 33.66M | 0.00M | 156.64M | 219.82M | 0.00M |
| Enterprise Value | 3,484.15M | 3,422.30M | 1,924.99M | 873.80M | 488.37M | 255.37M | 462.86M | 488.42M | 261.20M | 199.46M | 248.63M | 292.45M | 221.62M | 58.09M | 414.89M | 648.54M | 151.99M |
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 | 2,902M | 2,324M | 2,717M | 1,967M | 1,162M | 673M | 619M | 509M | 675M | 360M | 327M | 634M | 311M | 62M | 4M | 400M | 810M | 923M | 1,410M | 1,155M | 924M | 926M | 589M |
| Cost of Revenue | 1,576M | 1,250M | 1,563M | 401M | 626M | 398M | 378M | 372M | 489M | 232M | 226M | 52M | 56M | 10M | 9M | 404M | 806M | 850M | 1,278M | 1,177M | 789M | 758M | 500M |
| Gross Profit | 1,326M | 1,075M | 1,154M | 1,565M | 535M | 275M | 241M | 137M | 186M | 128M | 102M | 582M | 255M | 52M | -6M | -4M | 4M | 73M | 132M | -22M | 135M | 168M | 90M |
| Gross Profit Margin | 45.7% | 46.2% | 42.5% | 79.6% | 46.1% | 40.8% | 38.9% | 26.9% | 27.6% | 35.5% | 31.1% | 91.8% | 81.9% | 84.3% | -158.0% | -1.0% | 0.5% | 7.9% | 9.4% | -1.9% | 14.6% | 18.1% | 15.2% |
| R&D Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 429M | 245M | 170M | 113M | 122M | 57M | 62M | 54M | 50M | 35M | 26M | 48M | 22M | 12M | 4M | 1M | 806M | 0M | 0M | 795M | 2M | 2M | 1M |
| Operating Expenses | 807M | 949M | 791M | 231M | 190M | 196M | 189M | 153M | 190M | 155M | 116M | 571M | 234M | 72M | 9M | 4M | 69M | 354M | 352M | -57M | 99M | 49M | -8M |
| Operating Income (EBIT) | 519M | 126M | 364M | 1,334M | 346M | 79M | 51M | -16M | -4M | -27M | -14M | 11M | 21M | -20M | -15M | -8M | -65M | -281M | -220M | 35M | 36M | 119M | 98M |
| Operating Income Margin | 17.9% | 5.4% | 13.4% | 67.8% | 29.8% | 11.7% | 8.3% | -3.2% | -0.6% | -7.6% | -4.4% | 1.8% | 6.8% | -32.5% | -416.1% | -1.9% | -8.1% | -30.4% | -15.6% | 3.0% | 3.9% | 12.8% | 16.6% |
| Interest Income | 7M | 7M | 8M | 5M | 1M | 0M | 0M | 1M | 0M | 0M | 0M | 1M | 2M | 2M | 0M | 6M | 13M | 2M | 4M | 10M | 5M | 6M | 1M |
| Interest Expense | 122M | 106M | 122M | 78M | 16M | 8M | 8M | 12M | 10M | 3M | 6M | 4M | 4M | 1M | 0M | 38M | 44M | 34M | 76M | 71M | 31M | 26M | 10M |
| Net Interest Income | -115M | -100M | -115M | -73M | -14M | -8M | -8M | -11M | -9M | -3M | -6M | -3M | -2M | 1M | 0M | -32M | -31M | -32M | -72M | -61M | -25M | -20M | -9M |
| Unusual Items | -121M | 250M | -19M | -971M | -233M | 2M | -1M | -8M | 4M | 0M | -3M | -7M | 6M | 0M | 9M | 42M | -214M | 87M | 179M | -27M | -17M | 28M | -6M |
| EBT Excluding Unusual Items | 404M | 26M | 249M | 1,261M | 331M | 71M | 44M | -27M | -13M | -31M | -20M | 9M | 19M | -19M | -15M | -40M | -97M | -313M | -292M | -26M | 11M | 99M | 89M |
| Pre-Tax Income | 283M | 275M | 230M | 290M | 98M | 73M | 43M | -36M | -9M | -31M | -23M | 1M | 25M | -19M | -5M | 2M | -310M | -226M | -113M | -53M | -7M | 127M | 83M |
| Pre-Tax Margin | 9.8% | 11.9% | 8.5% | 14.7% | 8.4% | 10.8% | 7.0% | -7.0% | -1.4% | -8.5% | -7.1% | 0.2% | 8.0% | -30.2% | -154.4% | 0.6% | -38.3% | -24.5% | -8.0% | -4.6% | -0.7% | 13.7% | 14.2% |
| Income Tax Expense | 43M | 48M | 25M | 64M | 26M | -21M | 14M | 0M | 1M | 0M | -4M | -7M | 0M | -3M | 0M | 0M | 0M | 1M | 2M | 85M | 4M | 10M | -47M |
| Net Income | 240M | 227M | 205M | 226M | 72M | 94M | 43M | -36M | -10M | -31M | -23M | 1M | 25M | -16M | -5M | -172M | -311M | -227M | -115M | -137M | -10M | 117M | 130M |
| Net Income Margin | 8.3% | 9.8% | 7.6% | 11.5% | 6.2% | 13.9% | 7.0% | -7.0% | -1.4% | -8.5% | -7.1% | 0.2% | 8.0% | -25.4% | -154.4% | -42.9% | -38.4% | -24.6% | -8.2% | -11.9% | -1.1% | 12.7% | 22.1% |
| Depreciation & Amortization | 904M | 706M | 806M | 623M | 354M | 240M | 208M | 188M | 246M | 26M | 25M | 23M | 14M | 4M | 0M | 0M | 158M | 182M | 246M | 171M | 69M | 54M | 29M |
| EBITDA | 1,423M | 831M | 1,170M | 1,957M | 699M | 319M | 260M | 171M | 242M | -2M | 11M | 34M | 35M | -17M | -15M | -8M | 92M | -99M | 26M | 206M | 105M | 173M | 126M |
| EBITDA Margin | 49.0% | 35.8% | 43.1% | 99.5% | 60.2% | 47.4% | 42.0% | 33.7% | 35.8% | -0.5% | 3.2% | 5.4% | 11.2% | -26.7% | -412.4% | -1.9% | 11.4% | -10.7% | 1.9% | 17.9% | 11.4% | 18.7% | 21.5% |
| NOPAT | 441M | 104M | 325M | 1,040M | 255M | 102M | 35M | -13M | -3M | -22M | -11M | 68M | 21M | -16M | -12M | -7M | -52M | -222M | -174M | 28M | 28M | 110M | 153M |
| NOPAT Margin | 15.2% | 4.5% | 12.0% | 52.9% | 21.9% | 15.1% | 5.6% | -2.5% | -0.5% | -6.0% | -3.4% | 10.7% | 6.8% | -25.7% | -328.7% | -1.7% | -6.4% | -24.1% | -12.3% | 2.4% | 3.1% | 11.9% | 25.9% |
| Owner's Earnings | 811M | 663M | 749M | 646M | 258M | 332M | 249M | 118M | 188M | -16M | 0M | -42M | 13M | -101M | -5M | -210M | -196M | -113M | 22M | -332M | -931M | -361M | 84M |
| Owner's Earnings Margin | 27.9% | 28.5% | 27.6% | 32.8% | 22.2% | 49.3% | 40.3% | 23.2% | 27.9% | -4.3% | 0.1% | -6.5% | 4.2% | -163.6% | -150.7% | -52.6% | -24.2% | -12.2% | 1.6% | -28.7% | -100.8% | -39.0% | 14.3% |
| EPS (Basic) | 0.80 | 0.85 | 0.75 | 0.89 | 0.35 | 0.65 | 0.31 | -0.25 | -0.07 | -0.22 | -0.28 | 0.02 | 0.32 | -0.25 | -0.34 | 2.48 | -4.62 | -682.43 | -90.14 | -100.83 | -12.82 | 164.77 | 222.87 |
| EPS (Diluted) | 0.76 | 0.81 | 0.68 | 0.88 | 0.34 | 0.65 | 0.30 | -0.25 | -0.07 | -0.22 | -0.28 | 0.02 | 0.32 | -0.25 | -0.34 | -2.38 | -4.84 | -692.42 | -97.73 | -112.79 | -14.82 | 171.29 | 214.65 |
| Shares (Basic) | 298M | 255M | 274M | 254M | 207M | 144M | 144M | 144M | 144M | 138M | 83M | 76M | 77M | 63M | 16M | 72M | 64M | 0M | 1M | 1M | 1M | 1M | 1M |
| Shares (Diluted) | 317M | 281M | 302M | 257M | 210M | 144M | 144M | 144M | 145M | 138M | 84M | 76M | 79M | 63M | 16M | 72M | 64M | 0M | 1M | 1M | 1M | 1M | 1M |
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 | 169.69M | 326.77M | 278.02M | 436.42M | 181.29M | 142.70M | 100.96M | 38.66M | 63.28M | 98.95M | 30.59M | 54.37M | 59.75M | 53.72M | 45.58M | 48.12M | 78.78M | 337.43M | 117.64M | 63.72M | 66.09M | 159.30M | 48.53M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 169.69M | 326.77M | 278.02M | 436.42M | 181.29M | 142.70M | 100.96M | 38.66M | 63.28M | 98.95M | 30.59M | 54.37M | 59.75M | 53.72M | 45.58M | 48.12M | 78.78M | 337.43M | 117.64M | 63.72M | 66.09M | 159.30M | 48.53M |
| Net Receivables | 851.44M | 734.14M | 692.70M | 340.70M | 283.78M | 189.16M | 131.43M | 0.00M | 184.12M | 140.13M | 71.25M | 66.86M | 25.93M | 13.18M | 0.00M | 0.00M | 0.00M | 0.00M | 70.78M | 89.80M | 70.43M | 64.75M | 56.18M |
| Inventory | 29.93M | 27.68M | 18.77M | 0.00M | 9.88M | 8.13M | 1.38M | 6.70M | -173,071.00M | -114,304.92M | -99.72M | 0.00M | 0.00M | 0.00M | 0.00M | 13.64M | 13.87M | 0.00M | 57.61M | 57.82M | 30.99M | 27.26M | 13.16M |
| Other Current Assets | 0.00M | 0.00M | 0.00M | 26.54M | 13.02M | 7.78M | 0.11M | 0.00M | 11.05M | 47.66M | 32.30M | 9.62M | 13.29M | 0.00M | 0.35M | 0.00M | 112.33M | 29.42M | 102.81M | 20.73M | 88.99M | 85.78M | 0.13M |
| Total Current Assets | 1,051.06M | 1,088.58M | 989.49M | 803.66M | 487.97M | 347.77M | 233.87M | 45.35M | -172,812.55M | -114,018.17M | 34.42M | 130.85M | 98.97M | 66.90M | 45.92M | 61.77M | 204.99M | 366.85M | 348.84M | 232.07M | 256.49M | 337.10M | 118.00M |
| Property, Plant & Equipment | 1,771.30M | 1,859.40M | 1,937.62M | 1,613.16M | 325.73M | 350.95M | 90.10M | 247.91M | 208.98M | 101.80M | 116.91M | 140.42M | 97.47M | 85.74M | 0.00M | 759.72M | 1,099.54M | 17.66M | 1,939.67M | 1,636.55M | 1,658.09M | 842.10M | 387.75M |
| Goodwill | 109.59M | 109.59M | 109.59M | 109.59M | 86.72M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 22.43M | 23.82M | 25.21M | 30.77M | 10.62M | 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 | 0.00M | 0.00M | 0.00M | 0.00M |
| Long-Term Investments | 143.88M | 136.42M | 127.22M | 113.45M | 0.00M | 0.00M | 22.77M | 21.29M | 24.77M | 16.17M | 38.27M | 59.83M | 5.36M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Assets | 24.89M | 27.91M | 34.92M | 0.00M | 24.92M | 40.15M | 8.16M | 8.16M | 8.16M | 8.16M | 8.16M | 8.16M | 8.16M | 8.16M | 4.24M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 92.23M | 100.14M | 98.88M |
| Other Non-Current Assets | 0.00M | 0.00M | 0.09M | 2.14M | 0.04M | 0.02M | 22.77M | 21.18M | 24.67M | 16.17M | 38.27M | 59.83M | 58.36M | 0.00M | 0.00M | 66.30M | 83.02M | 3,662.04M | 40.37M | 38.07M | 42.05M | 41.46M | 40.74M |
| 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 | 2,072.08M | 2,157.14M | 2,234.65M | 1,869.11M | 448.03M | 392.58M | 143.81M | 298.53M | 266.58M | 142.30M | 201.62M | 268.23M | 169.36M | 93.91M | 4.24M | 826.02M | 1,182.56M | 3,679.69M | 1,980.04M | 1,674.62M | 1,792.37M | 983.70M | 527.37M |
| Total Assets | 3,123.14M | 3,245.72M | 3,224.14M | 2,672.77M | 936.00M | 740.35M | 377.68M | 343.89M | -172,545.96M | -113,875.87M | 236.04M | 399.08M | 268.32M | 160.81M | 50.16M | 887.78M | 1,387.54M | 4,046.54M | 2,328.88M | 1,906.69M | 2,048.86M | 1,320.80M | 645.36M |
| Accounts Payable | 266.17M | 142.64M | 243.02M | 205.77M | 102.43M | 63.47M | 65.06M | 53.98M | 85.25M | 75.47M | 30.95M | 40.26M | 28.10M | 1.25M | 4.89M | 0.00M | 7.39M | 46.55M | 7.88M | 74.15M | 53.32M | 24.55M | 12.54M |
| Short-Term Debt | 15.90M | 12.21M | 23.00M | 5.82M | 20.75M | 11.58M | 5.00M | 5.00M | 10.25M | 10.50M | 10.50M | 4.20M | 5.47M | 4.20M | 0.00M | 0.00M | 0.00M | 59.93M | 0.00M | 0.00M | 388.66M | 51.91M | 35.46M |
| Tax Payables | 29.66M | 40.60M | 52.96M | 46.88M | 12.30M | 5.78M | 7.24M | 0.00M | 0.50M | 4.64M | 4.07M | 3.40M | 2.75M | 1.75M | 0.96M | 0.00M | 0.00M | 0.00M | 26.90M | 19.20M | 15.64M | 15.57M | 15.76M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 68.04M | 0.00M | 0.00M | 14.08M | 0.00M | 0.00M | 0.00M | 1.27M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 15.64M | 15.57M | 15.76M |
| Other Current Liabilities | 308.02M | 351.23M | 302.95M | 50.26M | 2.00M | 7.75M | 4.52M | 37.81M | 21.43M | 31.45M | 19.46M | 28.95M | 2.78M | 1.83M | 1.55M | 0.50M | 83.86M | 52.32M | 715.68M | 180.78M | -73.16M | 61.12M | 59.30M |
| Total Current Liabilities | 619.74M | 546.69M | 621.93M | 308.73M | 137.48M | 156.62M | 81.81M | 96.80M | 131.52M | 122.06M | 64.98M | 76.81M | 40.37M | 9.03M | 7.41M | 0.50M | 91.24M | 158.80M | 750.46M | 274.14M | 400.12M | 168.72M | 138.82M |
| Long-Term Debt | 129.71M | 101.55M | 121.59M | 24.62M | 4.85M | 13.94M | 7.50M | 12.50M | 17.50M | 5.25M | 15.75M | 8.40M | 12.60M | 16.80M | 0.00M | 626.57M | 879.27M | 849.57M | 1,089.98M | 853.73M | 928.98M | 446.21M | 170.85M |
| Capital Lease Obligations | 1,144.28M | 1,305.57M | 1,412.27M | 1,229.12M | 105.39M | 287.03M | 28.86M | 165.02M | 121.00M | 48.42M | 58.98M | 100.00M | 48.72M | 56.49M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 71.79M | 0.00M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 0.00M | 10.57M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.52M | 0.00M | 1.58M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -626.57M | 0.06M | -839.49M | -935.61M | 8.35M | 1.21M | 0.00M | 1.38M |
| Total Non-Current Liabilities | 1,274.00M | 1,407.12M | 1,533.86M | 1,264.31M | 110.24M | 300.97M | 36.36M | 177.52M | 138.50M | 53.67M | 74.73M | 108.40M | 61.32M | 73.29M | 0.00M | 0.00M | 879.84M | 10.08M | 155.95M | 862.08M | 930.19M | 518.00M | 172.23M |
| Total Liabilities | 1,893.74M | 1,953.81M | 2,155.79M | 1,573.04M | 247.72M | 457.59M | 118.17M | 274.32M | 270.01M | 175.73M | 139.71M | 185.21M | 101.69M | 82.32M | 7.40M | 0.50M | 971.09M | 168.88M | 906.41M | 1,136.22M | 1,330.31M | 686.72M | 311.04M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 16.98M | 82.74M | 42.51M | 43.50M | 12.73M | 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 | 327.38M | 327.38M | 282.67M | 271.77M | 225.73M | 144.94M | 143.61M | 143.55M | 143.55M | 143.24M | 91.24M | 76.24M | 76.24M | 75.92M | 43.83M | 234.84M | 397.64M | 1,816.75M | 258.61M | 201.82M | 124.39M | 130.45M | 104.56M |
| Retained Earnings | 346.21M | 413.59M | 365.22M | 257.17M | 78.48M | 49.28M | 21.54M | -88.97M | -42.51M | -43.50M | -12.73M | 10.48M | 10.13M | -14.12M | 0.00M | 0.00M | 0.00M | 0.00M | 92.51M | 171.27M | 324.62M | 385.12M | 238.84M |
| Accumulated OCI | 41.77M | 36.91M | 31.91M | 10.79M | 7.89M | 6.66M | -38.52M | 6.23M | -168.92M | -98.78M | -73.06M | -48.25M | -25.22M | -11.54M | -0.11M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| 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 | 1.48M | 0.00M | 6.95M | -3.54M | 4.94M | 6.48M | 0.00M |
| Total Shareholders’ Equity | 715.36M | 777.87M | 679.80M | 539.73M | 312.10M | 200.88M | 143.61M | 143.55M | -25.38M | 44.46M | 18.18M | 38.47M | 61.15M | 50.26M | 43.72M | 234.84M | 397.64M | 1,816.75M | 351.12M | 373.09M | 449.00M | 515.57M | 343.41M |
| Total Equity | 715.36M | 777.87M | 679.80M | 539.73M | 312.10M | 200.88M | 143.61M | 143.55M | -25.38M | 44.46M | 18.18M | 38.47M | 61.15M | 50.26M | 43.72M | 234.84M | 399.12M | 1,816.75M | 358.06M | 369.56M | 453.95M | 522.05M | 343.41M |
| Total Liabilities & Equity | 2,609.09M | 2,731.68M | 2,835.59M | 2,112.77M | 559.81M | 658.46M | 261.77M | 417.86M | 244.64M | 220.19M | 157.89M | 223.68M | 162.84M | 132.57M | 51.13M | 235.34M | 1,370.20M | 1,985.63M | 1,264.47M | 1,505.77M | 1,784.25M | 1,208.77M | 654.45M |
| Tangible Assets | 2,991.12M | 3,112.32M | 3,089.34M | 2,532.42M | 838.66M | 738.90M | 377.68M | 343.89M | -172,545.96M | -113,875.87M | 236.04M | 399.08M | 268.32M | 160.81M | 50.16M | 887.78M | 1,387.54M | 4,046.54M | 2,328.88M | 1,906.69M | 2,048.86M | 1,320.80M | 645.36M |
| Tangible Equity | 583.34M | 644.46M | 545.00M | 399.37M | 214.75M | 199.42M | 143.61M | 143.55M | -25.38M | 44.46M | 18.18M | 38.47M | 61.15M | 50.26M | 43.72M | 234.84M | 399.12M | 1,816.75M | 358.06M | 369.56M | 453.95M | 522.05M | 343.41M |
| Tangible Book Value | 583.34M | 644.46M | 545.00M | 399.37M | 214.75M | 199.42M | 143.61M | 143.55M | -25.38M | 44.46M | 18.18M | 38.47M | 61.15M | 50.26M | 43.72M | 234.84M | 399.12M | 1,816.75M | 358.06M | 369.56M | 453.95M | 522.05M | 343.41M |
| Total Investments | 143.88M | 136.42M | 127.22M | 113.45M | 0.00M | 0.00M | 22.77M | 21.29M | 24.77M | 16.17M | 38.27M | 59.83M | 5.36M | 0.00M | 0.00M | 0.74M | 12.43M | 891.49M | 23.99M | 18.13M | 30.09M | 28.34M | 29.10M |
| Net Debt | -24.08M | -213.01M | -133.43M | -405.98M | -155.69M | -117.18M | -88.46M | -21.16M | -35.53M | -83.20M | -4.34M | -41.77M | -41.68M | -32.72M | -45.58M | 578.45M | 800.49M | 572.07M | 972.34M | 790.01M | 1,251.55M | 338.82M | 157.77M |
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 | -192.3M | -185.2M | -400.0M | -65.0M | 140.7M | 13.9M | 101.9M | -27.4M | 39.4M | 134.9M | 63.8M | 43.6M | 49.7M | 102.0M | 40.0M | 37.3M | 95.3M | 185.2M | -11.3M | -42.1M | -324.4M | 62.9M | 10.8M |
| Total Capital | 2,519.3M | 2,711.2M | 2,648.8M | 2,187.6M | 710.4M | 599.4M | 251.5M | 348.4M | 360.0M | 282.2M | 248.2M | 270.0M | 225.2M | 206.4M | 44.2M | 860.3M | 1,275.8M | 3,854.8M | 1,947.5M | 1,627.7M | 1,850.5M | 1,163.8M | 572.2M |
| Capital Employed | 1,879.8M | 1,972.0M | 1,834.7M | 1,801.9M | 588.7M | 406.5M | 222.9M | 249.8M | 281.2M | 261.0M | 227.2M | 252.0M | 213.7M | 195.9M | 44.2M | 863.3M | 1,277.9M | 3,864.9M | 1,968.8M | 1,632.6M | 1,468.0M | 1,046.6M | 538.1M |
| Invested Capital | 2,349.6M | 2,384.5M | 2,370.8M | 1,751.1M | 529.1M | 456.7M | 150.6M | 309.7M | 296.7M | 183.3M | 217.6M | 215.7M | 165.4M | 152.7M | -1.4M | 812.2M | 1,197.1M | 3,517.4M | 1,829.9M | 1,564.0M | 1,784.4M | 1,004.5M | 523.7M |
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 | 283.25M | 265.06M | 230.01M | 289.53M | 98.02M | 73.05M | 51.32M | -16.32M | -3.99M | -27.49M | -23.21M | 1.39M | 24.83M | -18.75M | -5.50M | -160.87M | -311.12M | -220.36M | -115.03M | -52.65M | -6.58M | 126.93M | 83.45M |
| Depreciation & Amortization | 903.52M | 705.98M | 806.14M | 623.01M | 353.53M | 239.81M | 208.39M | 187.73M | 278.86M | 54.19M | 24.81M | 23.03M | 13.68M | 3.65M | 0.00M | 114.70M | 161.47M | 244.22M | 246.05M | 170.99M | 63.49M | 54.20M | -39.34M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -8.12M | 0.00M | 0.00M | 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 | 22.31M | 11.10M | 21.12M | 2.90M | 1.24M | 0.00M | 0.44M | 1.04M | 1.67M | 0.00M | 0.60M | 0.60M | 0.69M | 1.23M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | -203.49M | -55.73M | -274.17M | 19.77M | -0.63M | -27.97M | 10.21M | 19.30M | -27.57M | -7.69M | -6.97M | -5.85M | 7.34M | -16.12M | 3.99M | 0.00M | 0.00M | 12.25M | 11.58M | -25.72M | 27.73M | -23.77M | -6.04M |
| Accounts Receivable | -249.01M | 27.78M | -336.91M | -12.54M | -39.88M | -41.16M | -31.63M | 113.92M | -58.60M | -47.05M | -0.57M | -40.93M | -12.74M | -15.74M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -1.58M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -14.73M | 16.47M | -30.73M | -5.82M | -12.67M | -7.67M |
| Accounts Payable | -24.49M | -88.53M | 6.75M | 27.04M | 31.45M | -11.86M | 11.07M | -31.27M | 9.78M | 44.52M | -9.31M | 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 | 70.02M | 5.02M | 90.31M | 5.26M | 7.79M | 26.64M | 30.77M | -63.35M | 21.25M | -5.16M | 2.91M | 35.08M | -6.76M | 1.23M | 0.00M | 0.00M | 0.00M | 26.98M | -4.89M | 5.01M | 33.55M | -11.10M | 1.62M |
| Other Non-Cash Items | 6.03M | 720.60M | 50.11M | 17.53M | 14.15M | -5.67M | -1.66M | -0.72M | 8.12M | 0.00M | 1.56M | 7.18M | 0.06M | -5.85M | -0.10M | 46.17M | 149.65M | -40.45M | -23.41M | -0.72M | 4.17M | -75.21M | 4.26M |
| Net Cash from Operating Activities | 1,011.61M | 999.37M | 833.21M | 952.73M | 466.31M | 279.21M | 268.69M | 191.03M | 248.97M | 19.02M | -3.21M | 26.36M | 46.59M | -31.22M | -1.61M | -61.84M | -90.22M | -4.34M | 119.19M | 91.91M | 88.81M | 82.16M | 42.32M |
| Capital Expenditures (PPE) | -333.39M | -270.18M | -262.81M | -202.71M | -167.81M | -1.56M | -2.12M | -33.91M | -47.97M | -10.60M | -1.31M | -65.97M | -25.40M | -89.39M | 0.00M | -38.71M | -41.96M | -67.44M | -109.06M | -365.51M | -989.44M | -532.76M | -74.64M |
| Acquisitions (Net) | 0.00M | 27.65M | -34.31M | 27.65M | -36.90M | -16.19M | 0.00M | 6.79M | -10.18M | -1.50M | 0.00M | -8.64M | -5.42M | 0.00M | 1.69M | 0.07M | -9.29M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Purchases of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -10.18M | -1.50M | 0.00M | -8.64M | 0.00M | 0.00M | 0.00M | -0.07M | 29.89M | -46.43M | 0.00M | -9.44M | -3.06M | 0.00M | -16.85M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 6.56M | 3.20M | 0.00M | 0.00M | 0.00M | 0.00M | 1.92M | 0.00M |
| Other Investing Activities | 0.00M | 0.00M | 0.00M | -33.34M | 0.00M | 24.72M | 0.00M | 6.79M | 0.00M | -1.50M | 0.00M | -8.64M | -3.00M | -47.00M | 0.00M | 322.57M | -4.53M | 171.91M | 27.55M | 43.74M | 29.69M | 212.86M | 14.89M |
| Net Cash from Investing Activities | -333.39M | -242.53M | -297.13M | -208.39M | -204.70M | 6.96M | -2.12M | -27.11M | -58.15M | -12.10M | -1.31M | -74.62M | -33.82M | -136.39M | 1.69M | 290.42M | -22.69M | 58.04M | -81.51M | -331.21M | -962.81M | -317.98M | -76.61M |
| Net Debt Issuance | 73.71M | 46.64M | 45.27M | 4.20M | -13.45M | -224.98M | -198.00M | -177.23M | -223.85M | -21.06M | -27.37M | 0.00M | -7.77M | 77.49M | 0.00M | -263.67M | -29.31M | -138.55M | -2.98M | 45.27M | 541.36M | 279.65M | 27.09M |
| Long-Term Debt Issuance | 73.71M | 46.64M | 45.27M | 4.20M | -13.45M | -224.98M | -198.00M | -177.23M | -223.85M | -21.06M | -27.37M | 0.00M | -7.77M | 77.49M | 0.00M | -263.67M | -29.31M | -138.55M | -2.98M | 45.27M | 541.36M | 279.65M | 27.09M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | 181.38M | 2.24M | 34.74M | 123.04M | 152.27M | 3.12M | 0.00M | 0.00M | 0.00M | 85.89M | 8.11M | 0.00M | 1.03M | 0.00M | 42.22M | 0.00M | 144.94M | 59.56M | -0.93M | 190.01M | 280.04M | 0.00M | 0.00M |
| Common Stock Issuance | 181.38M | 2.24M | 34.74M | 123.04M | 152.27M | 3.12M | 0.00M | 0.00M | 0.00M | 85.89M | 8.11M | 0.00M | 1.03M | 98.26M | 42.22M | 0.00M | 144.94M | 59.56M | 0.00M | 190.01M | 283.06M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.93M | 0.00M | -3.02M | 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 | -137.50M | -97.84M | -97.84M | -45.98M | -40.48M | -21.54M | 0.00M | -10.05M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -28.77M | 0.00M | 0.00M |
| Common Dividends Paid | -137.50M | -97.84M | -97.84M | -45.98M | -40.48M | -21.54M | 0.00M | -10.05M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -28.77M | 0.00M | 0.00M |
| 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 |
| Other Financing Activities | -836.38M | -609.98M | -728.92M | -569.04M | -312.88M | -1.74M | -2.18M | -1.73M | -2.64M | -3.38M | -5.35M | 42.88M | 0.00M | 98.26M | 0.00M | 16.03M | 0.00M | 0.00M | 0.01M | 0.00M | 0.00M | 60.34M | 33.21M |
| Net Cash from Financing Activities | -718.79M | -660.12M | -746.75M | -487.78M | -214.54M | -245.14M | -200.17M | -189.01M | -226.49M | 61.45M | -19.26M | 42.88M | -6.74M | 175.75M | 42.22M | -263.67M | 115.63M | -78.99M | -3.90M | 235.28M | 792.64M | 339.99M | 60.30M |
| Effect of FX on Cash | -11.26M | -4.05M | 17.94M | -11.72M | -4.51M | 2.60M | 0.34M | 0.47M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 3.22M | 3.80M | -1.24M | 2.20M | 9.95M | 0.39M | 1.31M | -3.62M |
| Net Change in Cash | -51.82M | 392.53M | -158.40M | 244.83M | 42.56M | 43.64M | 66.74M | -24.62M | -35.68M | 68.37M | -23.78M | -5.38M | 6.03M | 8.14M | 42.30M | -31.86M | 6.51M | -26.53M | 35.99M | 5.94M | -80.96M | 105.48M | 22.40M |
| Cash at Beginning of Period | 1,085.48M | 603.06M | 436.42M | 191.59M | 149.04M | 105.40M | 38.66M | 63.28M | 98.95M | 30.59M | 54.37M | 59.75M | 53.72M | 45.58M | 3.28M | 79.98M | 72.26M | 97.76M | 81.65M | 57.78M | 147.05M | 53.82M | 26.14M |
| Cash at End of Period | 1,033.67M | 995.59M | 278.02M | 436.42M | 191.59M | 149.04M | 105.40M | 38.66M | 63.28M | 98.95M | 30.59M | 54.37M | 59.75M | 53.72M | 45.58M | 48.12M | 78.78M | 71.23M | 117.64M | 63.72M | 66.09M | 159.30M | 48.53M |
| Operating Cash Flow | 1,011.61M | 999.37M | 833.21M | 952.73M | 466.31M | 279.21M | 268.69M | 191.03M | 248.97M | 19.02M | -3.21M | 26.36M | 46.59M | -31.22M | -1.61M | -61.84M | -90.22M | -4.34M | 119.19M | 91.91M | 88.81M | 82.16M | 42.32M |
| Capital Expenditure | -333.39M | -270.18M | -262.81M | -202.71M | -167.81M | -1.56M | -2.12M | -33.91M | -47.97M | -10.60M | -1.31M | -65.97M | -25.40M | -89.39M | 0.00M | -38.71M | -41.96M | -67.44M | -109.06M | -365.51M | -989.44M | -532.76M | -74.64M |
| Free Cash Flow | 678.23M | 728.84M | 570.40M | 750.02M | 298.50M | 277.65M | 266.57M | 157.12M | 201.00M | 8.42M | -4.52M | -39.62M | 21.19M | -120.61M | -1.61M | -100.54M | -132.18M | -71.78M | 10.13M | -273.60M | -900.63M | -450.60M | -32.32M |
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 | 1,799.51M | 1,535.60M | 1,789.86M | 2,074.61M | 766.47M | 457.77M | 387.08M | 270.81M | 382.49M | 118.82M | 100.54M | 556.84M | 245.95M | 43.44M | -9.03M | -5.25M | -644.55M | 255.11M | 378.26M | -646.00M | 202.10M | 220.42M | 117.49M |
| (-) Tax Adjustment | 271.69M | 270.35M | 191.23M | 456.74M | 202.03M | 0.00M | 126.46M | 0.00M | 0.00M | 0.00M | 17.31M | 0.00M | 0.00M | 6.95M | 0.00M | -0.61M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 16.52M | 0.00M |
| (-) Change In Working Capital | -203.49M | -55.73M | -274.17M | 19.77M | -0.63M | -27.97M | 10.21M | 19.30M | -27.57M | -7.69M | -6.97M | -5.85M | 7.34M | -16.12M | 3.99M | 0.00M | 0.00M | 12.25M | 11.58M | -25.72M | 27.73M | -23.77M | -6.04M |
| (-) Capital Expenditure | -333.39M | -270.18M | -262.81M | -202.71M | -167.81M | -1.56M | -2.12M | -33.91M | -47.97M | -10.60M | -1.31M | -65.97M | -25.40M | -89.39M | 0.00M | -38.71M | -41.96M | -67.44M | -109.06M | -365.51M | -989.44M | -532.76M | -74.64M |
| Unlevered Free Cash Flow | 1,397.92M | 1,050.80M | 1,609.98M | 1,395.39M | 397.26M | 484.19M | 248.29M | 217.59M | 362.10M | 115.90M | 88.89M | 496.71M | 213.20M | -36.78M | -13.02M | -43.35M | -686.51M | 175.42M | 257.61M | -985.79M | -815.07M | -305.09M | 48.89M |
| (-) Net Interest Income After Taxes | -97.87M | -82.20M | -102.38M | -57.30M | -10.54M | -7.71M | -5.14M | -11.16M | -9.47M | -3.38M | -4.58M | -2.86M | -2.29M | 0.97M | 0.13M | -28.19M | -31.29M | -32.40M | -72.16M | -60.83M | -25.29M | -18.45M | -8.72M |
| Net Debt Issuance | 73.71M | 46.64M | 45.27M | 4.20M | -13.45M | -224.98M | -198.00M | -177.23M | -223.85M | -21.06M | -27.37M | 0.00M | -7.77M | 77.49M | 0.00M | -263.67M | -29.31M | -138.55M | -2.98M | 45.27M | 541.36M | 279.65M | 27.09M |
| Levered Free Cash Flow | 1,569.50M | 1,179.65M | 1,757.62M | 1,456.89M | 394.35M | 266.92M | 55.43M | 51.52M | 147.71M | 98.23M | 66.10M | 499.57M | 207.72M | 39.75M | -13.15M | -278.83M | -684.53M | 69.26M | 326.79M | -879.68M | -248.41M | -6.99M | 84.70M |