Page: Company Financials
Turkcell Iletisim Hizmetleri A.S.
$115.90
+1.70 (1.49%)
As of: 2026-01-28
Master Data Export
Enterprise Value
| Metric | 2025 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 95.25 | 88.64 | 44.71 | 24.11 | 16.22 | 15.02 | 13.06 | 12.76 | 12.93 | 10.47 | 11.54 | 12.85 | 11.70 | 10.22 | 8.85 | 9.49 | 9.50 | 8.79 | 9.76 | 7.34 | 6.20 | 4.72 | 2.30 | 1.81 | 1.64 | 3.88 |
| Market Capitalization | 207,751.42M | 193,341.65M | 97,583.98M | 52,535.59M | 35,329.96M | 32,846.74M | 28,563.96M | 27,881.20M | 28,449.02M | 23,184.46M | 25,897.80M | 28,270.00M | 25,740.00M | 22,484.00M | 19,470.00M | 20,872.50M | 20,900.04M | 19,332.51M | 21,477.50M | 16,142.65M | 13,634.77M | 10,378.81M | 5,049.20M | 3,976.66M | 2,647.79M | 4,794.49M |
| (-) Cash & Equivalents | 112,510.81M | 62,227.79M | 38,040.98M | 22,810.95M | 14,215.02M | 11,381.44M | 10,197.27M | 6,959.73M | 5,265.96M | 4,497.60M | 4,830.52M | 8,407.10M | 7,366.67M | 6,435.30M | 5,320.90M | 4,598.25M | 4,077.12M | 4,170.38M | 2,849.75M | 1,272.13M | 1,005.68M | 1,160.92M | 677.79M | 385.98M | 190.70M | 378.02M |
| (+) Total Debt | 161,784.79M | 102,077.24M | 75,805.16M | 48,716.51M | 27,638.97M | 20,925.76M | 21,477.45M | 19,197.43M | 11,582.65M | 7,334.82M | 3,963.30M | 3,556.27M | 3,173.26M | 3,190.22M | 3,234.07M | 2,646.76M | 1,630.24M | 1,007.68M | 874.66M | 1,018.45M | 965.57M | 1,097.49M | 1,242.83M | 1,936.01M | 2,381.39M | 2,437.00M |
| Enterprise Value | 257,025.40M | 233,191.10M | 135,348.16M | 78,441.15M | 48,753.91M | 42,391.07M | 39,844.14M | 40,118.89M | 34,765.72M | 26,021.68M | 25,030.58M | 23,419.17M | 21,546.59M | 19,238.92M | 17,383.17M | 18,921.01M | 18,453.16M | 16,169.80M | 19,502.41M | 15,888.96M | 13,594.66M | 10,315.38M | 5,614.24M | 5,526.69M | 4,838.47M | 6,853.48M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 212,599M | 148,104M | 166,671M | 107,116M | 53,878M | 35,921M | 29,104M | 25,137M | 21,292M | 17,632M | 14,286M | 12,769M | 12,826M | 12,687M | 10,510M | 10,577M | 9,311M | 8,665M | 10,712M | 7,404M | 6,628M | 5,763M | 4,271M | 2,962M | 2,634M | 2,385M | 2,969M | 2,110M |
| Cost of Revenue | 153,945M | 115,231M | 125,306M | 84,442M | 36,789M | 25,230M | 20,336M | 17,083M | 14,146M | 11,350M | 9,237M | 7,769M | 7,853M | 7,842M | 6,490M | 6,654M | 5,212M | 4,635M | 5,239M | 3,631M | 3,706M | 3,228M | 2,671M | 2,153M | 1,824M | 1,566M | 1,598M | 718M |
| Gross Profit | 58,654M | 32,872M | 41,365M | 22,675M | 17,090M | 10,691M | 8,768M | 8,054M | 7,146M | 6,282M | 5,049M | 5,000M | 4,973M | 4,845M | 4,020M | 3,923M | 4,098M | 4,030M | 5,473M | 3,773M | 2,922M | 2,535M | 1,601M | 809M | 810M | 818M | 1,372M | 1,391M |
| Gross Profit Margin | 27.6% | 22.2% | 24.8% | 21.2% | 31.7% | 29.8% | 30.1% | 32.0% | 33.6% | 35.6% | 35.3% | 39.2% | 38.8% | 38.2% | 38.2% | 37.1% | 44.0% | 46.5% | 51.1% | 51.0% | 44.1% | 44.0% | 37.5% | 27.3% | 30.7% | 34.3% | 46.2% | 65.9% |
| R&D Expenses | 0M | 0M | 314M | 133M | 66M | 44M | 47M | 48M | 41M | 38M | 30M | 3M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 23,602M | 14,751M | 17,763M | 9,040M | 4,171M | 2,670M | 2,102M | 2,308M | 2,273M | 2,590M | 2,401M | 2,527M | 2,698M | 2,656M | 2,192M | 2,370M | 2,230M | 2,033M | 2,553M | 1,627M | 1,394M | 865M | 649M | 576M | 438M | 528M | 804M | 437M |
| Operating Expenses | 27,682M | 15,593M | 19,166M | 14,886M | 4,405M | 2,698M | 2,123M | 2,335M | 2,300M | 2,614M | 2,421M | 2,527M | 2,698M | 2,656M | 2,192M | 2,613M | 2,308M | 2,198M | 2,580M | 1,645M | 1,383M | 865M | 649M | 576M | 438M | 528M | 804M | 625M |
| Operating Income (EBIT) | 30,972M | 17,280M | 22,199M | 7,789M | 12,685M | 7,993M | 6,645M | 5,719M | 4,846M | 3,668M | 2,628M | 2,473M | 2,274M | 2,190M | 1,827M | 1,310M | 1,791M | 1,832M | 2,893M | 2,129M | 1,539M | 1,670M | 951M | 233M | 372M | 290M | 568M | 766M |
| Operating Income Margin | 14.6% | 11.7% | 13.3% | 7.3% | 23.5% | 22.3% | 22.8% | 22.8% | 22.8% | 20.8% | 18.4% | 19.4% | 17.7% | 17.3% | 17.4% | 12.4% | 19.2% | 21.1% | 27.0% | 28.8% | 23.2% | 29.0% | 22.3% | 7.9% | 14.1% | 12.2% | 19.1% | 36.3% |
| Interest Income | 12,197M | 7,374M | 9,186M | 3,792M | 1,716M | 663M | 367M | 288M | 658M | 279M | 679M | 741M | 944M | 730M | 688M | 623M | 431M | 493M | 647M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Interest Expense | 13,759M | 9,964M | 12,096M | 5,837M | 3,111M | 918M | 811M | 864M | 807M | 636M | 436M | 240M | 126M | 120M | 201M | 546M | 160M | 281M | 126M | 744M | 0M | 0M | 0M | 706M | 0M | 757M | 202M | 421M |
| Net Interest Income | -1,562M | -2,590M | -2,910M | -2,046M | -1,395M | -256M | -445M | -576M | -149M | -358M | 243M | 501M | 817M | 610M | 486M | 77M | 272M | 213M | 521M | -744M | 0M | 0M | 0M | -706M | 0M | -757M | -202M | -421M |
| Unusual Items | -4,563M | -12,227M | -3,336M | 143M | -3,754M | -3,196M | -1,574M | -1,852M | -2,024M | -700M | -861M | -403M | -753M | 470M | 264M | 531M | 191M | 117M | 128M | 535M | 218M | 110M | 107M | 123M | -309M | 206M | -4M | 136M |
| EBT Excluding Unusual Items | 29,411M | 14,690M | 19,289M | 5,743M | 11,290M | 7,737M | 6,200M | 5,142M | 4,697M | 3,310M | 2,870M | 2,974M | 3,091M | 2,800M | 2,314M | 1,387M | 2,062M | 2,045M | 3,414M | 1,385M | 1,539M | 1,670M | 951M | -473M | 372M | -467M | 366M | 345M |
| Pre-Tax Income | 24,848M | 2,463M | 15,953M | 5,887M | 7,536M | 4,541M | 4,627M | 3,290M | 2,673M | 2,610M | 2,009M | 2,571M | 2,339M | 3,270M | 2,578M | 1,918M | 2,253M | 2,162M | 3,542M | 1,921M | 1,757M | 1,780M | 1,058M | -350M | 63M | -261M | 362M | 481M |
| Pre-Tax Margin | 11.7% | 1.7% | 9.6% | 5.5% | 14.0% | 12.6% | 15.9% | 13.1% | 12.6% | 14.8% | 14.1% | 20.1% | 18.2% | 25.8% | 24.5% | 18.1% | 24.2% | 25.0% | 33.1% | 25.9% | 26.5% | 30.9% | 24.8% | -11.8% | 2.4% | -10.9% | 12.2% | 22.8% |
| Income Tax Expense | 9,026M | -2,612M | 4,866M | -4,676M | -3,516M | -490M | 387M | 786M | 495M | 572M | 423M | 667M | 778M | 660M | 522M | 551M | 499M | 509M | 845M | 377M | 583M | 550M | 375M | -637M | 315M | -12M | 58M | -11M |
| Net Income | 15,649M | 20,917M | 14,702M | 12,554M | 11,053M | 4,330M | 4,503M | 2,504M | 2,021M | 1,979M | 1,492M | 2,068M | 1,560M | 2,608M | 2,076M | 1,417M | 1,821M | 1,637M | 2,697M | 1,580M | 1,235M | 1,230M | 683M | 287M | -252M | -249M | 304M | 493M |
| Net Income Margin | 7.4% | 14.1% | 8.8% | 11.7% | 20.5% | 12.1% | 15.5% | 10.0% | 9.5% | 11.2% | 10.4% | 16.2% | 12.2% | 20.6% | 19.8% | 13.4% | 19.6% | 18.9% | 25.2% | 21.3% | 18.6% | 21.3% | 16.0% | 9.7% | -9.6% | -10.5% | 10.2% | 23.3% |
| Depreciation & Amortization | 59,872M | 61,521M | 47,520M | 33,585M | 35,291M | 7,252M | 5,952M | 5,026M | 4,250M | 2,555M | 2,139M | 1,668M | 1,739M | 1,755M | 1,413M | 1,743M | 1,509M | 611M | 1,850M | 1,505M | 1,066M | 634M | 569M | 562M | 556M | 526M | 396M | 324M |
| EBITDA | 90,845M | 78,800M | 69,719M | 41,374M | 47,975M | 15,245M | 12,597M | 10,745M | 9,097M | 6,223M | 4,767M | 4,141M | 4,014M | 3,945M | 3,240M | 3,054M | 3,300M | 2,443M | 4,743M | 3,634M | 2,605M | 2,304M | 1,520M | 795M | 928M | 815M | 964M | 1,090M |
| EBITDA Margin | 42.7% | 53.2% | 41.8% | 38.6% | 89.0% | 42.4% | 43.3% | 42.7% | 42.7% | 35.3% | 33.4% | 32.4% | 31.3% | 31.1% | 30.8% | 28.9% | 35.4% | 28.2% | 44.3% | 49.1% | 39.3% | 40.0% | 35.6% | 26.8% | 35.2% | 34.2% | 32.5% | 51.7% |
| NOPAT | 19,722M | 35,605M | 15,428M | 13,976M | 18,603M | 8,856M | 6,089M | 4,353M | 3,948M | 2,864M | 2,074M | 1,831M | 1,517M | 1,748M | 1,457M | 934M | 1,394M | 1,401M | 2,203M | 1,711M | 1,029M | 1,154M | 614M | 184M | -1,484M | 229M | 477M | 784M |
| NOPAT Margin | 9.3% | 24.0% | 9.3% | 13.0% | 34.5% | 24.7% | 20.9% | 17.3% | 18.5% | 16.2% | 14.5% | 14.3% | 11.8% | 13.8% | 13.9% | 8.8% | 15.0% | 16.2% | 20.6% | 23.1% | 15.5% | 20.0% | 14.4% | 6.2% | -56.3% | 9.6% | 16.1% | 37.1% |
| Owner's Earnings | 35,160M | 36,516M | 11,293M | 31,922M | 32,258M | 1,706M | 2,673M | 1,514M | 841M | 424M | -6M | -862M | 905M | 2,565M | 1,757M | 1,541M | 1,704M | -398M | 3,323M | 2,182M | 1,448M | 997M | 839M | 713M | 191M | -20M | -400M | -244M |
| Owner's Earnings Margin | 16.5% | 24.7% | 6.8% | 29.8% | 59.9% | 4.7% | 9.2% | 6.0% | 3.9% | 2.4% | 0.0% | -6.7% | 7.1% | 20.2% | 16.7% | 14.6% | 18.3% | -4.6% | 31.0% | 29.5% | 21.8% | 17.3% | 19.6% | 24.1% | 7.2% | -0.8% | -13.5% | -11.6% |
| EPS (Basic) | 7.17 | 9.59 | 6.74 | 5.75 | 5.06 | 1.98 | 1.94 | 1.15 | 0.93 | 0.90 | 0.68 | 0.94 | 0.71 | 1.19 | 0.95 | 0.64 | 0.82 | 0.74 | 1.28 | 0.72 | 0.56 | 0.47 | 0.31 | 0.13 | -0.11 | -0.12 | 0.27 | 0.40 |
| EPS (Diluted) | 7.18 | 9.59 | 6.74 | 5.75 | 5.06 | 1.98 | 2.06 | 1.15 | 0.93 | 0.90 | 0.68 | 0.94 | 0.71 | 1.19 | 0.94 | 0.64 | 0.83 | 0.74 | 1.23 | 0.72 | 0.56 | 0.56 | 0.31 | 0.13 | -0.11 | -0.12 | 0.27 | 0.40 |
| Shares (Basic) | 2,181M | 2,182M | 2,181M | 2,182M | 2,183M | 2,183M | 2,183M | 2,184M | 2,185M | 2,193M | 2,193M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,070M | 1,129M | 1,232M |
| Shares (Diluted) | 2,179M | 2,182M | 2,181M | 2,182M | 2,183M | 2,183M | 2,183M | 2,184M | 2,185M | 2,193M | 2,193M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,200M | 2,070M | 1,129M | 1,232M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 122,346.74M | 116,601.10M | 68,934.33M | 50,763.51M | 26,123.27M | 18,628.67M | 11,860.56M | 10,238.72M | 7,419.24M | 4,712.33M | 6,052.35M | 2,918.80M | 9,061.48M | 8,086.61M | 7,034.72M | 4,729.83M | 5,139.49M | 4,632.64M | 5,009.58M | 3,621.44M | 2,254.24M | 1,073.52M | 1,019.31M | 777.58M | 525.88M | 324.43M | 484.91M | 331.93M |
| Short-Term Investments | 14,617.92M | 10,465.24M | 7,617.07M | 8,869.83M | 4,783.56M | 55.33M | 701.97M | 350.97M | 51.86M | 11.34M | 0.00M | 0.00M | 19.41M | 57.39M | 39.79M | 1,593.21M | 12.76M | 93.38M | 1.06M | 0.00M | 0.00M | 31.24M | 60.49M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 136,964.66M | 127,066.34M | 76,551.40M | 59,633.33M | 30,906.83M | 18,684.00M | 12,562.53M | 10,589.69M | 7,471.10M | 4,723.67M | 6,052.35M | 2,918.80M | 9,080.89M | 8,144.00M | 7,074.50M | 6,323.04M | 5,152.25M | 4,726.03M | 5,010.64M | 3,621.44M | 2,254.24M | 1,104.76M | 1,079.80M | 777.58M | 525.88M | 324.43M | 484.91M | 331.93M |
| Net Receivables | 38,158.72M | 35,857.01M | 31,434.27M | 22,048.37M | 21,601.02M | 8,163.47M | 6,674.29M | 7,415.44M | 7,229.57M | 6,119.23M | 5,066.47M | 4,938.69M | 3,772.11M | 2,954.97M | 2,287.59M | 1,669.79M | 1,408.62M | 1,439.48M | 1,001.06M | 492.49M | 598.64M | 529.19M | 697.24M | 434.57M | 395.45M | 341.82M | 586.50M | 342.19M |
| Inventory | 818.86M | 731.24M | 674.61M | 540.51M | 277.67M | 260.54M | 203.72M | 178.40M | 180.43M | 104.10M | 131.97M | 75.47M | 71.56M | 69.74M | 87.62M | 49.15M | 37.95M | 42.21M | 29.90M | 27.41M | 15.54M | 12.42M | 17.36M | 12.31M | 8.29M | 16.22M | 21.89M | 11.08M |
| Other Current Assets | 9,965.60M | 10,261.92M | 2,662.19M | 19,153.08M | 3,351.15M | 2,132.01M | 931.04M | 857.02M | 3,080.06M | 2,605.78M | 1,752.65M | 438.63M | 58.11M | 54.71M | 151.49M | 119.48M | 307.76M | 17.58M | 7.23M | 363.48M | 128.78M | 237.31M | 805.14M | 626.40M | 59.70M | 282.13M | 59.35M | 71.32M |
| Total Current Assets | 185,907.84M | 173,916.52M | 111,322.47M | 101,375.29M | 56,136.67M | 29,240.01M | 20,371.57M | 19,040.55M | 17,961.17M | 13,552.79M | 13,003.45M | 8,371.58M | 12,982.67M | 11,223.41M | 9,601.20M | 8,161.47M | 6,906.58M | 6,225.30M | 6,048.83M | 4,504.81M | 2,997.20M | 1,883.67M | 2,599.54M | 1,850.85M | 989.32M | 964.60M | 1,152.65M | 756.51M |
| Property, Plant & Equipment | 152,495.25M | 139,921.01M | 120,379.59M | 72,786.34M | 24,177.47M | 21,164.98M | 16,442.55M | 13,898.12M | 12,650.43M | 9,677.49M | 8,413.36M | 6,829.47M | 6,149.72M | 5,838.72M | 5,489.94M | 5,108.95M | 4,775.07M | 3,969.26M | 3,221.20M | 2,599.57M | 2,703.15M | 2,179.08M | 1,723.44M | 1,706.41M | 1,994.89M | 2,368.38M | 2,662.93M | 1,930.80M |
| Goodwill | 738.73M | 687.17M | 588.96M | 407.93M | 48.42M | 48.42M | 40.01M | 32.83M | 32.83M | 32.83M | 32.83M | 32.83M | 32.94M | 32.66M | 33.00M | 0.00M | 219.85M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 107,996.30M | 102,205.81M | 81,283.40M | 58,103.47M | 18,482.46M | 15,290.30M | 12,729.42M | 11,678.66M | 10,349.72M | 8,307.58M | 8,203.16M | 8,199.80M | 2,422.47M | 2,317.43M | 2,289.29M | 2,349.91M | 2,440.52M | 2,840.48M | 2,232.78M | 1,609.19M | 1,741.01M | 1,176.50M | 1,178.17M | 1,101.38M | 1,142.81M | 1,223.62M | 1,191.69M | 943.97M |
| Long-Term Investments | 28,414.02M | 24,477.86M | 24,936.85M | 6,517.13M | 3,232.40M | 2,055.23M | 103.93M | 41.70M | 19.41M | 0.65M | 1,504.98M | 981.94M | 669.73M | 541.01M | 512.43M | 823.89M | 674.65M | 625.94M | 535.32M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Assets | 8,085.48M | 7,563.47M | 9,899.09M | 2,890.92M | 4,991.22M | 1,799.61M | 836.61M | 189.34M | 152.73M | 96.06M | 51.26M | 48.62M | 59.27M | 72.90M | 26.56M | 6.20M | 4.48M | 3.08M | 1.76M | 2.86M | 4.30M | 0.41M | 106.98M | 177.07M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Assets | 7,781.82M | 8,609.86M | 856.31M | 3,831.31M | 3,526.18M | 812.50M | 762.50M | 542.18M | 1,223.04M | 1,798.75M | 43.73M | 1,319.80M | 1,086.41M | 788.27M | 606.68M | 450.66M | 223.10M | 143.91M | 152.69M | 959.13M | 1,061.67M | 490.69M | 376.46M | 293.52M | 168.60M | 134.40M | 147.11M | 173.74M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 305,511.59M | 283,465.17M | 237,944.20M | 144,537.10M | 54,458.16M | 41,171.04M | 30,915.02M | 26,382.83M | 24,428.17M | 19,913.36M | 18,249.31M | 17,412.45M | 10,420.54M | 9,590.99M | 8,957.91M | 8,739.61M | 8,337.67M | 7,582.67M | 6,143.74M | 5,170.76M | 5,510.13M | 3,846.67M | 3,385.05M | 3,278.38M | 3,306.30M | 3,726.40M | 4,001.73M | 3,048.52M |
| Total Assets | 491,419.43M | 457,381.69M | 349,266.66M | 245,912.38M | 110,594.82M | 70,411.05M | 51,286.60M | 45,423.38M | 42,389.33M | 33,466.15M | 31,252.76M | 25,784.04M | 23,403.21M | 20,814.41M | 18,559.11M | 16,901.08M | 15,244.26M | 13,807.97M | 12,192.57M | 9,675.57M | 8,507.33M | 5,730.35M | 5,984.58M | 5,129.23M | 4,295.62M | 4,691.00M | 5,154.38M | 3,805.03M |
| Accounts Payable | 32,632.98M | 31,430.06M | 22,760.49M | 14,173.89M | 11,366.72M | 2,510.28M | 3,467.34M | 2,728.49M | 2,372.51M | 2,527.15M | 1,718.79M | 1,555.77M | 1,158.37M | 894.68M | 873.70M | 751.81M | 1,481.66M | 1,554.59M | 1,482.10M | 857.84M | 189.27M | 185.29M | 823.13M | 63.41M | 34.35M | 403.07M | 278.76M | 204.84M |
| Short-Term Debt | 35,441.37M | 33,948.69M | 50,860.20M | 25,365.76M | 26,113.16M | 7,955.36M | 4,655.56M | 7,196.58M | 6,648.91M | 4,263.60M | 2,839.49M | 721.07M | 2,445.26M | 1,806.65M | 1,943.14M | 1,528.93M | 678.75M | 1,041.66M | 1,014.71M | 727.35M | 742.23M | 762.18M | 751.15M | 144.16M | 511.40M | 516.17M | 584.61M | 499.42M |
| Tax Payables | 1,359.81M | 2,420.76M | 5,171.97M | 213.37M | 243.49M | 1,241.46M | 802.44M | 644.84M | 599.56M | 518.76M | 373.98M | 332.40M | 534.24M | 513.00M | 480.28M | 116.70M | 149.54M | 139.57M | 194.53M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Revenue | 2,920.98M | 2,860.95M | 2,030.06M | 1,560.52M | 819.45M | 570.43M | 431.99M | 346.95M | 264.70M | 193.83M | 93.80M | 121.08M | 164.96M | 195.80M | 163.34M | 223.20M | 255.54M | 371.93M | 384.79M | 380.03M | 259.93M | 0.00M | 149.09M | 113.73M | 54.56M | 0.00M | 28.16M | 0.00M |
| Other Current Liabilities | 4,501.04M | 3,653.19M | 9,744.66M | 13,843.77M | 4,619.18M | 1,240.84M | 1,632.91M | 1,453.37M | 1,495.27M | 945.31M | 879.99M | 154.41M | 129.57M | 1,052.18M | 981.54M | 237.42M | 173.74M | 307.05M | 126.55M | 463.44M | 951.99M | 853.57M | 177.35M | 452.33M | 187.96M | 405.09M | 365.66M | 273.83M |
| Total Current Liabilities | 76,856.19M | 74,313.64M | 90,567.38M | 55,157.30M | 43,161.99M | 13,518.36M | 10,990.24M | 12,370.23M | 11,380.96M | 8,448.64M | 5,906.05M | 2,884.71M | 4,432.41M | 4,462.31M | 4,442.02M | 2,858.06M | 2,739.22M | 3,414.79M | 3,202.68M | 2,428.67M | 2,143.43M | 1,801.05M | 1,900.72M | 773.63M | 788.26M | 1,324.33M | 1,257.20M | 978.08M |
| Long-Term Debt | 106,499.67M | 101,899.42M | 48,657.53M | 56,290.87M | 57,590.03M | 25,916.91M | 14,831.97M | 11,576.09M | 12,092.68M | 8,149.83M | 6,893.56M | 3,451.34M | 1,211.82M | 1,528.48M | 1,109.43M | 1,960.24M | 2,190.35M | 1,228.96M | 199.81M | 164.27M | 160.05M | 106.89M | 355.57M | 683.93M | 1,208.88M | 1,626.61M | 2,182.09M | 1,719.99M |
| Capital Lease Obligations | 39,339.80M | 37,009.97M | 4,822.52M | 2,427.59M | 3,055.23M | 2,905.87M | 2,098.89M | 1,533.06M | 1,413.96M | 122.72M | 48.11M | 41.84M | 41.55M | 44.79M | 36.62M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.01M | 4.38M | 12.95M | 25.53M | 36.17M | 0.00M | 0.00M |
| Deferred Tax Liabilities | 12,721.40M | 11,012.27M | 12,610.96M | 2,286.16M | 249.84M | 928.55M | 1,337.83M | 1,165.63M | 862.36M | 651.12M | 458.16M | 113.44M | 60.51M | 65.29M | 79.14M | 127.03M | 144.91M | 177.24M | 200.54M | 154.89M | 276.75M | 250.18M | 15.69M | 0.00M | 0.00M | 0.00M | 4.66M | 4.77M |
| Other Non-Current Liabilities | 8,557.89M | 8,233.45M | 6,424.63M | 11,219.12M | 15,949.94M | 3,099.31M | 1,269.73M | 991.29M | 855.58M | 718.78M | 705.40M | 1,798.88M | 744.53M | 605.03M | 16.71M | 174.73M | 250.32M | 231.96M | 349.63M | 31.86M | 37.13M | 166.54M | 312.84M | 18.77M | 16.06M | 15.39M | 12.52M | 2.22M |
| Total Non-Current Liabilities | 167,118.76M | 158,155.11M | 72,515.65M | 72,223.74M | 76,845.03M | 32,850.63M | 19,538.42M | 15,266.07M | 15,224.58M | 9,642.45M | 8,105.24M | 5,405.49M | 2,058.41M | 2,243.59M | 1,241.89M | 2,262.00M | 2,585.57M | 1,638.16M | 749.98M | 351.02M | 473.93M | 523.62M | 688.48M | 715.65M | 1,250.47M | 1,678.17M | 2,199.27M | 1,726.97M |
| Total Liabilities | 243,974.95M | 232,468.75M | 163,083.03M | 127,381.04M | 120,007.02M | 46,368.99M | 30,528.66M | 27,636.30M | 26,605.54M | 18,091.09M | 14,011.29M | 8,290.20M | 6,490.82M | 6,705.90M | 5,683.91M | 5,120.05M | 5,324.80M | 5,052.95M | 3,952.67M | 2,779.69M | 2,617.35M | 2,324.67M | 2,589.21M | 1,489.28M | 2,038.74M | 3,002.50M | 3,456.46M | 2,705.06M |
| 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 |
| Common Stock | 58,555.83M | 54,468.32M | 2,200.00M | 2,200.00M | 2,200.00M | 2,200.00M | 2,200.00M | 2,200.00M | 2,200.00M | 2,200.00M | 2,200.00M | 2,200.00M | 3,806.63M | 3,473.97M | 2,931.64M | 3,085.06M | 2,582.03M | 2,482.79M | 2,514.49M | 1,914.33M | 2,307.21M | 858.87M | 848.89M | 848.89M | 848.89M | 848.89M | 611.52M | 281.51M |
| Retained Earnings | 183,198.58M | 165,382.01M | 142,446.90M | 87,119.13M | 27,727.91M | 18,234.02M | 16,392.07M | 13,202.53M | 11,359.32M | 11,312.28M | 12,780.97M | 11,258.41M | 21,631.83M | 17,909.20M | 12,914.01M | 11,414.26M | 7,156.65M | 6,285.87M | 6,818.80M | 3,772.63M | 3,376.96M | 2,677.83M | 1,740.81M | 1,218.69M | 931.55M | 868.33M | 1,117.60M | 813.46M |
| Accumulated OCI | 2,860.18M | 1,330.67M | -878.38M | 3,527.77M | 1,081.28M | 2,220.77M | 2,305.32M | 2,752.82M | 2,468.67M | 1,497.90M | 1,061.11M | 861.11M | -8,343.00M | -6,593.43M | -2,917.13M | 0.00M | 0.00M | 0.00M | 0.00M | 1,090.32M | -6.89M | 132.27M | 59.71M | -2.99M | -5.20M | -2.34M | -1.21M | -0.73M |
| Minority Interest | 0.00M | 0.00M | 0.00M | -12.95M | 3.99M | 0.25M | 0.17M | 36.46M | 131.81M | 55.93M | 56.63M | 64.09M | -384.03M | -180.59M | -141.04M | -114.13M | -37.38M | 54.82M | 89.31M | 161.61M | 128.85M | 84.29M | 85.47M | 1.67M | 0.76M | 1.20M | 0.02M | 5.74M |
| Total Shareholders’ Equity | 244,614.59M | 221,181.00M | 143,768.53M | 92,846.90M | 31,009.19M | 22,654.79M | 20,897.39M | 18,155.35M | 16,027.98M | 15,010.18M | 16,042.08M | 14,319.52M | 17,095.45M | 14,789.75M | 12,928.51M | 14,499.32M | 9,738.68M | 8,768.66M | 9,333.29M | 6,777.28M | 5,677.29M | 3,668.97M | 2,649.42M | 2,064.59M | 1,775.25M | 1,714.88M | 1,727.91M | 1,094.24M |
| Total Equity | 244,614.59M | 221,181.00M | 143,768.53M | 92,833.95M | 31,013.18M | 22,655.03M | 20,897.56M | 18,191.80M | 16,159.79M | 15,066.11M | 16,098.71M | 14,383.61M | 16,711.42M | 14,609.16M | 12,787.47M | 14,385.18M | 9,701.29M | 8,823.49M | 9,422.60M | 6,938.88M | 5,806.13M | 3,753.26M | 2,734.88M | 2,066.26M | 1,776.00M | 1,716.08M | 1,727.92M | 1,099.98M |
| Total Liabilities & Equity | 488,589.54M | 453,649.75M | 306,851.55M | 220,214.99M | 151,020.20M | 69,024.03M | 51,426.22M | 45,828.10M | 42,765.33M | 33,157.20M | 30,109.99M | 22,673.81M | 23,202.24M | 21,315.07M | 18,471.38M | 19,505.24M | 15,026.09M | 13,876.44M | 13,375.26M | 9,718.57M | 8,423.49M | 6,077.93M | 5,324.09M | 3,555.55M | 3,814.74M | 4,718.58M | 5,184.39M | 3,805.03M |
| Tangible Assets | 382,684.40M | 354,488.71M | 267,394.30M | 187,400.99M | 92,063.94M | 55,072.33M | 38,517.16M | 33,711.89M | 32,006.78M | 25,125.74M | 23,016.77M | 17,551.40M | 20,947.80M | 18,464.31M | 16,236.81M | 14,551.16M | 12,583.88M | 10,967.49M | 9,959.79M | 8,066.38M | 6,766.32M | 4,553.85M | 4,806.42M | 4,027.85M | 3,152.81M | 3,467.38M | 3,962.69M | 2,861.06M |
| Tangible Equity | 135,879.56M | 118,288.03M | 61,896.16M | 34,322.55M | 12,482.30M | 7,316.32M | 8,128.12M | 6,480.31M | 5,777.24M | 6,725.70M | 7,862.72M | 6,150.97M | 14,256.01M | 12,259.06M | 10,465.17M | 12,035.27M | 7,040.92M | 5,983.01M | 7,189.82M | 5,329.69M | 4,065.13M | 2,576.76M | 1,556.71M | 964.89M | 633.20M | 492.46M | 536.23M | 156.01M |
| Tangible Book Value | 135,879.56M | 118,288.03M | 61,896.16M | 34,322.55M | 12,482.30M | 7,316.32M | 8,128.12M | 6,480.31M | 5,777.24M | 6,725.70M | 7,862.72M | 6,150.97M | 14,256.01M | 12,259.06M | 10,465.17M | 12,035.27M | 7,040.92M | 5,983.01M | 7,189.82M | 5,329.69M | 4,065.13M | 2,576.76M | 1,556.71M | 964.89M | 633.20M | 492.46M | 536.23M | 156.01M |
| Total Investments | 43,031.94M | 34,943.10M | 32,553.92M | 15,386.96M | 8,015.96M | 2,110.56M | 805.90M | 392.67M | 71.28M | 11.99M | 1,504.98M | 981.94M | 689.14M | 598.40M | 552.22M | 2,417.10M | 687.42M | 719.32M | 536.38M | 0.00M | 0.00M | 31.24M | 60.49M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Debt | 19,594.30M | 19,247.01M | 30,583.40M | 30,893.12M | 57,579.93M | 15,243.60M | 7,626.98M | 8,533.96M | 11,322.35M | 7,701.10M | 3,680.70M | 1,253.61M | -5,404.40M | -4,751.48M | -3,982.14M | -1,240.66M | -2,270.39M | -2,362.03M | -3,795.06M | -2,729.82M | -1,351.96M | -204.45M | 87.41M | 50.50M | 1,194.39M | 1,818.35M | 2,281.80M | 1,887.48M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 79,940.7M | 71,267.8M | 22,858.6M | 44,818.5M | 17,547.9M | 12,420.3M | 9,018.1M | 6,676.6M | 6,597.1M | 4,845.3M | 5,992.0M | 2,490.4M | 8,343.8M | 7,294.2M | 5,612.0M | 4,525.8M | 4,085.0M | 2,929.7M | 3,019.9M | 2,119.7M | 770.5M | 301.7M | 38.6M | -496.2M | -279.6M | -331.9M | -74.5M | -221.6M |
| Total Capital | 424,310.2M | 392,564.5M | 291,306.8M | 206,332.0M | 84,745.4M | 59,340.2M | 42,371.2M | 38,352.2M | 36,077.3M | 27,525.3M | 25,792.9M | 18,571.3M | 20,860.1M | 18,156.8M | 16,059.3M | 14,447.7M | 12,608.4M | 11,039.9M | 9,490.9M | 7,669.4M | 6,580.2M | 4,543.3M | 3,760.8M | 2,905.9M | 3,521.3M | 3,894.1M | 4,494.6M | 3,313.6M |
| Capital Employed | 385,452.3M | 354,733.0M | 260,802.8M | 189,355.6M | 72,006.0M | 53,591.3M | 39,933.1M | 33,059.5M | 31,025.2M | 24,758.6M | 24,241.3M | 19,902.9M | 18,764.3M | 16,885.2M | 14,569.9M | 13,265.4M | 12,422.6M | 10,512.4M | 9,163.6M | 7,290.4M | 6,280.7M | 4,148.4M | 3,423.6M | 2,782.2M | 3,026.7M | 3,394.5M | 3,927.2M | 2,827.0M |
| Invested Capital | 301,963.5M | 275,963.4M | 222,372.5M | 155,568.5M | 58,622.1M | 40,711.5M | 30,510.6M | 28,113.5M | 28,658.1M | 22,813.0M | 19,740.6M | 15,652.6M | 11,798.6M | 10,070.2M | 9,024.6M | 9,717.9M | 7,469.0M | 6,407.3M | 4,481.3M | 4,048.0M | 4,325.9M | 3,469.7M | 2,741.4M | 2,128.3M | 2,995.4M | 3,569.6M | 4,009.7M | 2,981.7M |
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 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 10,568.60M | 20,675.86M | 23,514.86M | 10,584.32M | 6,038.07M | 5,031.28M | 4,239.62M | 3,276.69M | 2,177.34M | 2,037.76M | 1,585.97M | 1,903.55M | 1,560.12M | 2,610.39M | 2,055.35M | 1,367.20M | 1,754.00M | 1,653.43M | 2,697.14M | 1,543.49M | 1,174.50M | 1,229.92M | 683.02M | 287.14M | 63.22M | -249.27M | 304.14M | 492.53M |
| Depreciation & Amortization | 42,435.09M | 57,711.01M | 47,426.16M | 33,467.15M | 24,447.13M | 7,252.08M | 5,974.78M | 5,046.57M | 4,287.97M | 2,596.98M | 2,203.35M | 1,667.75M | 1,739.44M | 1,755.41M | 1,413.02M | 1,743.24M | 1,077.82M | 884.00M | 1,044.90M | 933.73M | 1,040.67M | 631.48M | 566.03M | 562.45M | 549.32M | 525.52M | 399.86M | 188.19M |
| Deferred Income Tax | 6,601.58M | -2,382.63M | 5,186.49M | -5,358.95M | -3,842.75M | -490.18M | 387.19M | 785.63M | 495.48M | 571.76M | 423.16M | 667.11M | 778.40M | 659.67M | 522.27M | -30.18M | -121.17M | -4.44M | -5.06M | 0.00M | 0.00M | 456.75M | 257.65M | -719.37M | 0.00M | -32.82M | 41.35M | -9.71M |
| Stock-Based Compensation | 0.00M | 0.00M | 1,388.60M | 0.00M | 0.00M | 0.00M | 5.76M | 6.25M | 11.47M | 12.51M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | -4,460.58M | -9,824.30M | -4,073.17M | -2,423.95M | -2,609.68M | -1,944.73M | 302.44M | -186.94M | -1,730.45M | -2,349.72M | -3,231.32M | -1,321.04M | -1,005.19M | -756.92M | -907.94M | -425.32M | -857.41M | -270.52M | 265.69M | -90.44M | 178.55M | -500.16M | 644.35M | 105.51M | -197.34M | 114.05M | -378.80M | -263.03M |
| Accounts Receivable | -1,712.94M | 7,595.48M | 31.02M | -655.84M | 1,731.57M | -869.72M | -618.55M | -881.33M | 273.11M | 613.40M | 1,197.05M | -821.21M | -1,100.90M | -816.17M | -873.54M | -519.02M | 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 | 176.12M | 242.81M | 145.47M | -98.56M | 260.86M | -56.82M | -25.32M | 2.04M | -76.88M | 27.87M | -62.09M | -4.53M | -2.80M | 16.98M | -38.13M | -11.52M | 4.80M | -12.96M | -0.41M | -11.85M | -3.54M | 5.96M | -5.10M | -3.22M | 8.61M | 2.50M | -11.12M | -5.70M |
| Accounts Payable | 2,240.09M | -13,180.48M | 1,907.62M | -1,231.03M | -2,539.21M | 422.44M | 614.42M | 92.43M | -501.98M | -507.04M | -2,733.90M | 348.47M | 197.50M | -26.35M | -8.62M | 82.68M | 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 | -5,163.86M | -4,482.11M | -6,157.28M | -438.52M | -3,254.00M | -1,440.63M | 331.88M | 599.93M | -1,424.70M | -2,483.95M | -1,632.38M | -843.78M | -98.98M | 68.62M | 12.35M | 22.54M | -862.21M | -257.56M | 266.10M | -78.59M | 182.09M | -506.12M | 649.44M | 108.73M | -205.94M | 111.55M | -367.68M | -257.33M |
| Other Non-Cash Items | 21,675.61M | 38,365.36M | 1,569.36M | 11,160.43M | 1,746.48M | 716.66M | 887.69M | 1,427.22M | 1,038.27M | 296.87M | -137.95M | -506.95M | -997.77M | -739.94M | -629.91M | -624.11M | -375.34M | -791.18M | -2,023.44M | 135.89M | 221.87M | -274.62M | -1,345.11M | 1,153.89M | 397.29M | 27.80M | 97.37M | 109.76M |
| Net Cash from Operating Activities | 76,820.30M | 64,053.71M | 75,012.31M | 47,546.89M | 25,151.86M | 19,947.24M | 13,092.80M | 9,026.56M | 5,829.85M | 3,101.27M | 607.14M | 1,901.31M | 1,865.44M | 2,110.44M | 2,129.03M | 1,745.65M | 1,995.62M | 1,937.97M | 2,573.16M | 2,522.68M | 2,615.58M | 1,543.36M | 805.93M | 1,389.62M | 812.50M | 385.27M | 463.91M | 517.75M |
| Capital Expenditures (PPE) | -29,368.55M | -35,869.57M | -50,929.79M | -29,503.77M | -26,533.90M | -9,876.73M | -7,781.70M | -6,016.18M | -5,430.38M | -4,110.04M | -3,637.18M | -4,596.97M | -2,394.38M | -1,798.20M | -1,732.49M | -1,619.58M | -1,626.32M | -2,645.46M | -1,224.49M | -903.04M | -852.77M | -866.79M | -412.66M | -136.65M | -112.57M | -296.23M | -1,100.53M | -1,061.12M |
| Acquisitions (Net) | 1.64M | 15,115.06M | 15,658.22M | 338.39M | -1,464.40M | -571.27M | -74.77M | 2,181.64M | 99.03M | 58.74M | 40.64M | -267.92M | -29.02M | -1.58M | 372.75M | 1.09M | -193.49M | 14.07M | -476.35M | 8.96M | -230.46M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Purchases of Investments | -74,227.90M | -50,686.64M | -60,178.59M | -16,658.70M | -1,023.12M | -1,035.42M | -995.49M | -369.59M | -39.88M | -11.99M | 0.00M | 2,461.61M | -0.03M | -20.90M | -49.52M | -1,619.02M | -26.09M | -125.64M | -73.07M | -0.14M | -89.01M | -16.40M | -74.19M | -2.66M | 0.00M | 0.00M | 0.00M | 0.00M |
| Sales / Maturities of Investments | 67,312.69M | 46,535.67M | 38,699.08M | 15,307.39M | 2,158.11M | 693.32M | 976.58M | 84.66M | 2.58M | 0.00M | 0.00M | 20.42M | 51.70M | 1.03M | 1,611.32M | 21.10M | 109.77M | 47.91M | 120.70M | 52.98M | 41.89M | 61.30M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | -26,633.26M | 4,563.68M | 7,895.78M | -13,172.07M | -8,670.64M | 1,652.41M | 1,094.74M | 1,092.15M | 833.08M | 817.39M | 660.48M | 1,013.59M | 1,038.39M | 822.49M | 716.39M | 556.94M | 639.04M | 486.64M | 584.88M | 325.82M | 238.46M | -184.48M | -236.82M | -126.07M | -76.85M | 82.83M | -209.31M | -252.55M |
| Net Cash from Investing Activities | -62,915.38M | -20,475.68M | -48,855.31M | -26,731.19M | -35,698.66M | -9,137.68M | -6,780.64M | -3,027.33M | -4,535.57M | -3,304.65M | -2,976.71M | -3,830.88M | -1,333.34M | -997.18M | 545.69M | -2,659.46M | -1,097.09M | -2,222.48M | -1,068.33M | -515.42M | -891.88M | -1,006.36M | -723.67M | -265.38M | -189.43M | -213.40M | -1,309.83M | -1,313.67M |
| Net Debt Issuance | 35,924.17M | 3,746.98M | -1,729.31M | 10,434.13M | 5,083.13M | -1,185.52M | -3,332.22M | -3,366.88M | 1,186.07M | 1,484.19M | 4,965.05M | -594.00M | 101.26M | -229.52M | -293.44M | 67.80M | 432.35M | 1,120.54M | 147.40M | 74.44M | 22.19M | -253.76M | 209.99M | -904.77M | -439.86M | -595.19M | 654.32M | 1,049.70M |
| Long-Term Debt Issuance | 35,274.00M | 2,398.14M | -1,729.31M | 9,113.38M | 5,083.13M | -1,185.52M | -11,137.09M | -3,366.88M | 1,186.07M | 1,484.19M | 4,965.05M | -594.00M | 101.26M | -229.52M | -292.06M | 67.80M | 465.18M | 1,120.54M | 173.66M | 83.07M | 22.19M | -253.76M | -19.69M | -904.77M | -439.86M | -595.19M | 654.32M | 1,049.70M |
| Short-Term Debt Issuance | 650.17M | 0.00M | 0.00M | 4,321.16M | 0.00M | 0.00M | 7,804.87M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -1.39M | 0.00M | -32.83M | 0.00M | -26.26M | -8.63M | 0.00M | 0.00M | 229.68M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | -72.42M | -325.52M | -328.00M | -50.76M | 0.00M | -0.86M | -25.03M | -10.00M | -94.62M | 0.00M | -65.61M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 237.58M | 329.79M | 4.25M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 237.58M | 329.79M | 4.25M |
| Common Stock Repurchased | -72.42M | -325.52M | -328.00M | -50.76M | 0.00M | -0.86M | -9.99M | -10.00M | -94.62M | 0.00M | -65.61M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -10,988.21M | -2,484.98M | -7,314.62M | -2,484.98M | -2,391.53M | -2,565.93M | -805.39M | -1,002.62M | -1,900.00M | -2,990.71M | -51.42M | -4,025.52M | -8.78M | -1.04M | -15.20M | -7.52M | -919.12M | -1,114.02M | -855.94M | -535.41M | -482.49M | -245.97M | -104.19M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Dividends Paid | -10,988.21M | -2,484.98M | -7,314.62M | -2,484.98M | -2,391.53M | -2,565.93M | -805.39M | -1,002.62M | -1,900.00M | -2,990.71M | 0.00M | -3,925.00M | -8.17M | -1.05M | -15.20M | -7.52M | -919.12M | -1,156.94M | -726.51M | -597.48M | -492.16M | -245.37M | -124.39M | 0.00M | 0.00M | 0.00M | 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 | -0.07M | 0.82M | 0.00M | 0.00M | -129.44M | 0.00M | 9.67M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -941.12M | 641.79M | -412.30M | -1,129.06M | 696.78M | -189.94M | -105.17M | 901.54M | 274.17M | -60.22M | -60.42M | -100.52M | -0.08M | 0.08M | 1.96M | -1.56M | 14.14M | 28.26M | 247.36M | 224.69M | -83.70M | 29.81M | 73.87M | 32.24M | 18.24M | 25.26M | 14.80M | -51.43M |
| Net Cash from Financing Activities | 23,922.41M | 1,578.27M | -9,784.23M | 6,769.34M | 1,760.02M | -3,942.24M | -4,267.81M | -3,477.96M | -534.38M | -1,566.74M | 4,839.03M | -4,619.52M | 91.88M | -258.18M | -306.75M | 59.53M | -472.63M | -8.13M | -543.36M | -298.34M | -558.18M | -494.77M | 159.47M | -872.54M | -421.62M | -332.35M | 998.91M | 1,002.52M |
| Effect of FX on Cash | -8,564.79M | -28,032.86M | -25,430.41M | -16,502.37M | 107.73M | -108.00M | -422.51M | 298.20M | 1,947.00M | 430.11M | 664.10M | 436.01M | -422.91M | -1,105.08M | 174.08M | -633.04M | -105.24M | 45.44M | -712.14M | 323.89M | -51.25M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | 29,180.66M | 32,041.71M | -9,057.63M | 11,082.67M | 7,320.19M | 6,759.33M | 1,621.84M | 2,819.48M | 2,706.91M | -1,340.02M | 3,133.56M | -6,113.09M | 201.07M | -249.99M | 2,542.05M | -1,487.32M | 320.66M | -247.20M | 249.33M | 2,032.81M | 1,114.26M | 42.22M | 241.73M | 251.70M | 201.45M | -160.47M | 152.98M | 206.59M |
| Cash at Beginning of Period | 267,233.58M | 199,259.89M | 77,711.69M | 42,742.20M | 18,619.88M | 11,860.56M | 10,238.72M | 7,419.24M | 4,712.33M | 6,052.35M | 2,918.80M | 9,031.88M | 8,860.41M | 8,336.10M | 4,492.66M | 6,215.11M | 4,809.65M | 4,872.00M | 4,753.53M | 1,586.14M | 1,139.58M | 1,031.30M | 777.58M | 525.88M | 324.43M | 484.91M | 331.93M | 125.33M |
| Cash at End of Period | 296,414.25M | 235,272.44M | 68,654.06M | 53,824.88M | 25,940.07M | 18,619.88M | 11,860.56M | 10,238.72M | 7,419.24M | 4,712.33M | 6,052.35M | 2,918.80M | 9,061.48M | 8,086.11M | 7,034.72M | 4,727.79M | 5,130.31M | 4,624.79M | 5,002.86M | 3,618.95M | 2,253.84M | 1,073.52M | 1,019.31M | 777.58M | 525.88M | 324.43M | 484.91M | 331.93M |
| Operating Cash Flow | 65,276.99M | 58,331.72M | 63,257.14M | 47,546.89M | 25,151.86M | 19,947.24M | 13,092.80M | 9,026.56M | 5,829.85M | 3,101.27M | 607.14M | 1,901.31M | 1,865.44M | 2,110.44M | 2,129.03M | 1,745.65M | 1,995.62M | 1,937.97M | 2,573.16M | 2,522.68M | 2,615.58M | 1,543.36M | 805.93M | 1,389.62M | 812.50M | 385.27M | 463.91M | 517.75M |
| Capital Expenditure | -40,361.61M | -45,921.59M | -50,929.79M | -14,216.71M | -14,085.60M | -9,876.73M | -7,781.70M | -6,016.18M | -5,430.38M | -4,110.04M | -3,637.18M | -4,596.97M | -2,394.38M | -1,798.20M | -1,732.49M | -1,619.58M | -1,626.32M | -2,645.46M | -1,224.49M | -903.04M | -852.77M | -866.79M | -412.66M | -136.65M | -112.57M | -296.23M | -1,100.53M | -1,061.12M |
| Free Cash Flow | 24,915.37M | 15,629.66M | 12,327.35M | 18,043.12M | 11,066.26M | 10,070.52M | 5,311.10M | 3,010.38M | 399.48M | -1,008.78M | -3,030.05M | -2,695.66M | -528.95M | 312.24M | 396.54M | 126.07M | 369.30M | -707.49M | 1,348.68M | 1,619.64M | 1,762.81M | 676.57M | 393.27M | 1,252.96M | 699.93M | 89.05M | -636.62M | -543.38M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 94,925.21M | 79,642.25M | 70,808.04M | 47,086.86M | 48,142.92M | 15,228.21M | 12,570.79M | 10,723.75M | 9,082.69M | 6,209.64M | 4,757.11M | 4,137.69M | 4,013.63M | 3,944.99M | 3,240.25M | 3,296.12M | 3,376.85M | 2,608.09M | 4,770.50M | 3,651.25M | 2,594.02M | 2,304.11M | 1,520.37M | 794.99M | 927.84M | 815.42M | 964.13M | 1,278.56M |
| (-) Tax Adjustment | 33,223.82M | 0.00M | 21,598.18M | 0.00M | 0.00M | 0.00M | 1,051.98M | 2,560.85M | 1,683.73M | 1,360.56M | 1,001.94M | 1,073.77M | 1,335.98M | 795.82M | 656.53M | 946.72M | 748.25M | 613.89M | 1,137.89M | 717.09M | 860.21M | 712.03M | 532.13M | 278.25M | 324.74M | 36.62M | 155.10M | 0.00M |
| (-) Change In Working Capital | -4,460.58M | -9,824.30M | -4,073.17M | -2,423.95M | -2,609.68M | -1,944.73M | 302.44M | -186.94M | -1,730.45M | -2,349.72M | -3,231.32M | -1,321.04M | -1,005.19M | -756.92M | -907.94M | -425.32M | -857.41M | -270.52M | 265.69M | -90.44M | 178.55M | -500.16M | 644.35M | 105.51M | -197.34M | 114.05M | -378.80M | -263.03M |
| (-) Capital Expenditure | -40,361.61M | -45,921.59M | -50,929.79M | -14,216.71M | -14,085.60M | -9,876.73M | -7,781.70M | -6,016.18M | -5,430.38M | -4,110.04M | -3,637.18M | -4,596.97M | -2,394.38M | -1,798.20M | -1,732.49M | -1,619.58M | -1,626.32M | -2,645.46M | -1,224.49M | -903.04M | -852.77M | -866.79M | -412.66M | -136.65M | -112.57M | -296.23M | -1,100.53M | -1,061.12M |
| Unlevered Free Cash Flow | 25,800.35M | 43,544.96M | 2,353.24M | 35,294.10M | 36,667.00M | 7,296.21M | 3,434.67M | 2,333.66M | 3,699.03M | 3,088.75M | 3,349.31M | -212.01M | 1,288.46M | 2,107.88M | 1,759.16M | 1,155.14M | 1,859.69M | -380.74M | 2,142.44M | 2,121.56M | 702.49M | 1,225.46M | -68.76M | 274.58M | 687.86M | 368.52M | 87.30M | 480.47M |
| (-) Net Interest Income After Taxes | -1,015.07M | -2,589.88M | -2,022.24M | -2,045.64M | -1,394.72M | -255.57M | -407.53M | -438.82M | -121.47M | -279.42M | 191.75M | 371.20M | 545.21M | 486.98M | 387.81M | 54.60M | 211.37M | 162.61M | 396.71M | -597.50M | 0.00M | 0.00M | 0.00M | -458.73M | 0.00M | -722.53M | -169.36M | -420.69M |
| Net Debt Issuance | 35,924.17M | 3,746.98M | -1,729.31M | 10,434.13M | 5,083.13M | -1,185.52M | -3,332.22M | -3,366.88M | 1,186.07M | 1,484.19M | 4,965.05M | -594.00M | 101.26M | -229.52M | -293.44M | 67.80M | 432.35M | 1,120.54M | 147.40M | 74.44M | 22.19M | -253.76M | 209.99M | -904.77M | -439.86M | -595.19M | 654.32M | 1,049.70M |
| Levered Free Cash Flow | 62,739.59M | 49,881.82M | 2,646.17M | 47,773.87M | 43,144.86M | 6,366.27M | 509.97M | -594.40M | 5,006.57M | 4,852.36M | 8,122.62M | -1,177.21M | 844.51M | 1,391.39M | 1,077.90M | 1,168.34M | 2,080.67M | 577.19M | 1,893.13M | 2,793.50M | 724.67M | 971.70M | 141.23M | -171.46M | 248.00M | 495.86M | 910.98M | 1,950.85M |