Page: Company Financials
The Hanover Insurance Group, Inc.
$169.49
-1.70 (-0.99%)
As of: 2026-01-23
Master Data Export
Enterprise Value
| Metric | MRQ | MRQ-1 | 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 | 1999 | 1998 | 1997 | 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 181.63 | 169.87 | 175.15 | 140.41 | 118.48 | 139.76 | 131.45 | 100.50 | 128.55 | 118.32 | 95.93 | 85.32 | 76.41 | 64.33 | 53.41 | 39.12 | 38.35 | 45.21 | 38.17 | 43.03 | 46.29 | 48.33 | 38.99 | 32.02 | 21.65 | 28.11 | 49.17 | 59.96 | 54.78 | 61.60 | 42.22 | 30.44 |
| Market Capitalization | 6,520.52M | 6,098.33M | 6,287.89M | 5,048.15M | 4,222.60M | 4,971.72M | 4,715.47M | 3,772.16M | 5,113.26M | 5,016.70M | 4,074.39M | 3,889.60M | 3,393.54M | 2,873.28M | 2,333.78M | 1,747.42M | 1,731.06M | 2,036.58M | 1,879.45M | 2,206.12M | 2,387.06M | 2,493.55M | 2,078.93M | 1,703.15M | 1,146.82M | 1,486.04M | 2,589.77M | 3,188.68M | 3,016.84M | 3,712.32M | 2,336.36M | 1,525.26M |
| (-) Cash & Equivalents | 915.70M | 244.10M | 491.63M | 366.20M | 239.93M | 221.93M | 155.15M | 169.65M | 180.40M | 410.38M | 294.60M | 341.70M | 427.88M | 491.35M | 617.45M | 543.98M | 670.88M | 258.03M | 294.13M | 313.50M | 256.15M | 427.05M | 471.08M | 277.45M | 331.45M | 506.13M | 564.30M | 221.85M | 110.55M | 137.58M | 53.78M | 44.63M |
| (+) Total Debt | 1,279.80M | 784.60M | 949.57M | 783.78M | 782.90M | 782.10M | 781.30M | 730.38M | 656.83M | 782.40M | 786.75M | 796.38M | 823.13M | 903.68M | 939.83M | 900.60M | 807.90M | 627.65M | 427.03M | 516.78M | 510.88M | 508.80M | 508.80M | 508.80M | 349.50M | 251.18M | 271.55M | 252.00M | 255.43M | 291.78M | 283.23M | 466.23M |
| Enterprise Value | 6,884.62M | 6,638.83M | 6,745.82M | 5,465.73M | 4,765.57M | 5,531.89M | 5,341.62M | 4,332.88M | 5,589.68M | 5,388.73M | 4,566.54M | 4,344.27M | 3,788.79M | 3,285.60M | 2,656.15M | 2,104.04M | 1,868.09M | 2,406.20M | 2,012.35M | 2,409.39M | 2,641.79M | 2,575.30M | 2,116.65M | 1,934.50M | 1,164.87M | 1,231.09M | 2,297.02M | 3,218.83M | 3,161.71M | 3,866.52M | 2,565.81M | 1,946.86M |
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 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,483M | 6,167M | 6,217M | 5,964M | 5,433M | 5,160M | 4,819M | 4,891M | 4,466M | 4,268M | 3,966M | 5,048M | 5,068M | 4,794M | 4,591M | 3,932M | 3,152M | 2,834M | 2,680M | 2,674M | 2,643M | 2,622M | 3,103M | 2,802M | 2,889M | 2,889M | 3,162M | 3,241M | 3,125M | 3,006M | 3,285M | 3,255M |
| Cost of Revenue | 4,969M | 5,021M | 4,979M | 5,311M | 4,717M | 4,117M | 3,796M | 3,792M | 3,616M | 3,420M | 3,350M | 3,917M | 3,968M | 3,732M | 3,913M | 3,330M | 2,525M | 2,598M | 2,182M | 1,981M | 1,949M | 2,168M | 2,375M | 2,251M | 2,405M | 2,431M | 2,438M | 2,294M | 2,353M | 2,413M | 2,415M | 471M |
| Gross Profit | 1,514M | 1,147M | 1,238M | 653M | 716M | 1,043M | 1,022M | 1,099M | 850M | 848M | 616M | 1,131M | 1,100M | 1,062M | 678M | 602M | 627M | 236M | 498M | 693M | 693M | 454M | 728M | 551M | 484M | 458M | 724M | 947M | 772M | 593M | 871M | 2,784M |
| Gross Profit Margin | 23.3% | 18.6% | 19.9% | 10.9% | 13.2% | 20.2% | 21.2% | 22.5% | 19.0% | 19.9% | 15.5% | 22.4% | 21.7% | 22.1% | 14.8% | 15.3% | 19.9% | 8.3% | 18.6% | 25.9% | 26.2% | 17.3% | 23.5% | 19.7% | 16.7% | 15.9% | 22.9% | 29.2% | 24.7% | 19.7% | 26.5% | 85.5% |
| 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 | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Operating Expenses | 716M | 670M | 700M | 612M | 572M | 521M | 578M | 576M | 567M | 555M | 550M | 692M | 722M | 733M | 650M | 580M | 416M | -35M | 334M | 352M | 414M | 383M | 541M | 491M | 354M | 0M | 505M | 0M | 472M | -2,005M | -1,957M | 0M |
| Operating Income (EBIT) | 798M | 477M | 538M | 41M | 144M | 521M | 445M | 522M | 283M | 293M | 66M | 439M | 378M | 329M | 29M | 22M | 211M | 271M | 164M | 342M | 279M | 71M | 187M | 60M | 130M | 458M | 219M | 947M | 300M | 2,598M | 2,828M | 2,784M |
| Operating Income Margin | 12.3% | 7.7% | 8.7% | 0.7% | 2.7% | 10.1% | 9.2% | 10.7% | 6.3% | 6.9% | 1.7% | 8.7% | 7.5% | 6.9% | 0.6% | 0.5% | 6.7% | 9.6% | 6.1% | 12.8% | 10.6% | 2.7% | 6.0% | 2.1% | 4.5% | 15.9% | 6.9% | 29.2% | 9.6% | 86.4% | 86.1% | 85.5% |
| Interest Income | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Interest Expense | 37M | 34M | 34M | 34M | 34M | 34M | 37M | 38M | 45M | 45M | 51M | 61M | 66M | 65M | 62M | 55M | 44M | 0M | 0M | 41M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Net Interest Income | -37M | -34M | -34M | -34M | -34M | -34M | -37M | -38M | -45M | -45M | -51M | -61M | -66M | -65M | -62M | -55M | -44M | 0M | 0M | -41M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Unusual Items | 37M | 34M | 34M | 34M | 34M | 34M | 37M | 38M | 45M | 45M | 51M | 61M | 66M | 65M | 62M | 55M | 44M | 0M | 0M | 41M | 0M | 0M | 0M | 0M | 0M | -413M | 0M | -495M | 0M | -2,321M | -2,571M | -2,555M |
| EBT Excluding Unusual Items | 760M | 442M | 504M | 7M | 110M | 487M | 408M | 485M | 237M | 248M | 15M | 379M | 312M | 264M | -33M | -33M | 167M | 271M | 164M | 301M | 279M | 71M | 187M | 60M | 130M | 458M | 219M | 947M | 300M | 2,598M | 2,828M | 2,784M |
| Pre-Tax Income | 798M | 477M | 538M | 41M | 144M | 521M | 445M | 522M | 283M | 293M | 66M | 439M | 378M | 329M | 29M | 22M | 211M | 271M | 164M | 342M | 279M | 71M | 187M | 60M | 130M | 45M | 219M | 452M | 300M | 277M | 257M | 229M |
| Pre-Tax Margin | 12.3% | 7.7% | 8.7% | 0.7% | 2.7% | 10.1% | 9.2% | 10.7% | 6.3% | 6.9% | 1.7% | 8.7% | 7.5% | 6.9% | 0.6% | 0.5% | 6.7% | 9.6% | 6.1% | 12.8% | 10.6% | 2.7% | 6.0% | 2.1% | 4.5% | 1.5% | 6.9% | 13.9% | 9.6% | 9.2% | 7.8% | 7.0% |
| Income Tax Expense | 167M | 111M | 113M | 8M | 27M | 101M | 83M | 93M | 44M | 77M | -1M | 109M | 96M | 83M | -17M | -10M | 58M | 83M | 80M | 113M | 88M | -5M | 4M | 4M | -235M | 88M | 3M | 107M | 56M | 85M | 75M | 83M |
| Net Income | 632M | 366M | 426M | 35M | 116M | 423M | 359M | 425M | 391M | 186M | 155M | 332M | 282M | 251M | 56M | 37M | 155M | 197M | 21M | 253M | 170M | -325M | 125M | 87M | -306M | -3M | 200M | 296M | 201M | 209M | 182M | 134M |
| Net Income Margin | 9.7% | 5.9% | 6.9% | 0.6% | 2.1% | 8.2% | 7.4% | 8.7% | 8.8% | 4.4% | 3.9% | 6.6% | 5.6% | 5.2% | 1.2% | 0.9% | 4.9% | 7.0% | 0.8% | 9.5% | 6.4% | -12.4% | 4.0% | 3.1% | -10.6% | -0.1% | 6.3% | 9.1% | 6.4% | 7.0% | 5.5% | 4.1% |
| Depreciation & Amortization | -4M | 3M | 2M | 6M | 13M | 17M | 18M | 22M | 25M | 30M | 31M | 30M | 34M | 35M | 36M | 27M | 17M | 12M | 15M | 19M | 21M | 32M | 38M | 36M | 21M | 23M | 23M | 34M | 22M | 32M | 45M | 58M |
| EBITDA | 794M | 479M | 539M | 47M | 157M | 538M | 463M | 544M | 307M | 323M | 97M | 470M | 412M | 364M | 64M | 48M | 228M | 283M | 180M | 360M | 301M | 103M | 225M | 96M | 151M | 481M | 241M | 981M | 322M | 2,630M | 2,872M | 2,842M |
| EBITDA Margin | 12.2% | 7.8% | 8.7% | 0.8% | 2.9% | 10.4% | 9.6% | 11.1% | 6.9% | 7.6% | 2.4% | 9.3% | 8.1% | 7.6% | 1.4% | 1.2% | 7.2% | 10.0% | 6.7% | 13.5% | 11.4% | 3.9% | 7.2% | 3.4% | 5.2% | 16.6% | 7.6% | 30.3% | 10.3% | 87.5% | 87.4% | 87.3% |
| NOPAT | 631M | 365M | 425M | 34M | 117M | 420M | 362M | 429M | 239M | 216M | 67M | 331M | 282M | 246M | 46M | 32M | 153M | 188M | 85M | 228M | 192M | 77M | 183M | 56M | 365M | -446M | 216M | 723M | 244M | 1,804M | 2,001M | 1,777M |
| NOPAT Margin | 9.7% | 5.9% | 6.8% | 0.6% | 2.1% | 8.1% | 7.5% | 8.8% | 5.4% | 5.1% | 1.7% | 6.6% | 5.6% | 5.1% | 1.0% | 0.8% | 4.9% | 6.6% | 3.2% | 8.5% | 7.3% | 2.9% | 5.9% | 2.0% | 12.6% | -15.4% | 6.8% | 22.3% | 7.8% | 60.0% | 60.9% | 54.6% |
| Owner's Earnings | 619M | 360M | 417M | 30M | 111M | 432M | 362M | 433M | 403M | 198M | 170M | 342M | 304M | 263M | 70M | 47M | 161M | 199M | 26M | 263M | 183M | -302M | 156M | 117M | -299M | -12M | 209M | 300M | 222M | 226M | 214M | 178M |
| Owner's Earnings Margin | 9.5% | 5.8% | 6.7% | 0.5% | 2.0% | 8.4% | 7.5% | 8.9% | 9.0% | 4.6% | 4.3% | 6.8% | 6.0% | 5.5% | 1.5% | 1.2% | 5.1% | 7.0% | 1.0% | 9.8% | 6.9% | -11.5% | 5.0% | 4.2% | -10.3% | -0.4% | 6.6% | 9.3% | 7.1% | 7.5% | 6.5% | 5.5% |
| EPS (Basic) | 17.45 | 10.08 | 11.85 | 0.98 | 3.21 | 11.79 | 9.51 | 11.07 | 9.24 | 4.38 | 3.63 | 7.71 | 6.42 | 5.74 | 1.26 | 0.83 | 3.39 | 3.90 | 0.40 | 4.90 | 3.31 | -6.08 | 2.36 | 1.64 | -5.79 | -0.06 | 3.79 | 5.46 | 3.43 | 3.83 | 3.63 | 2.61 |
| EPS (Diluted) | 17.34 | 10.08 | 11.70 | 0.98 | 3.21 | 11.62 | 9.41 | 10.47 | 9.09 | 4.33 | 3.59 | 7.40 | 6.28 | 5.59 | 1.23 | 0.80 | 3.34 | 3.86 | 0.40 | 4.83 | 3.26 | -6.02 | 2.33 | 1.64 | -5.79 | -0.06 | 3.70 | 5.33 | 3.33 | 3.82 | 3.63 | 2.61 |
| Shares (Basic) | 36M | 36M | 36M | 36M | 36M | 36M | 38M | 40M | 42M | 43M | 43M | 43M | 45M | 44M | 44M | 45M | 46M | 51M | 51M | 52M | 52M | 54M | 53M | 53M | 53M | 53M | 54M | 55M | 60M | 55M | 50M | 51M |
| Shares (Diluted) | 36M | 36M | 36M | 36M | 36M | 36M | 38M | 41M | 43M | 43M | 43M | 45M | 45M | 45M | 45M | 46M | 46M | 51M | 52M | 52M | 52M | 54M | 54M | 53M | 53M | 53M | 54M | 55M | 61M | 55M | 50M | 51M |
Product Segments
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| All Other Segments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 26.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Chaucer | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 853.00M | 838.60M | 1,051.20M | 1,221.80M | 1,037.90M | 966.80M | 534.10M |
| Commercial Lines | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1,798.90M |
| Commercial Lines Segment | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 2,840.80M | 2,683.30M | 2,654.20M | 2,548.40M | 2,399.60M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Core Commercial Lines Segment | 2,397.50M | 2,286.20M | 2,324.20M | 2,216.80M | 1,950.50M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Operating Segment | 19.30M | 2.50M | 12.40M | 0.00M | 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 Property And Casualty | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 14.20M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 19.80M |
| Other Segments | 0.00M | 10.70M | 0.00M | 15.40M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Personal Lines | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1,555.90M |
| Personal Lines Segment | 2,666.10M | 2,535.50M | 2,564.20M | 2,442.10M | 2,112.80M | 1,929.40M | 1,844.10M | 1,820.30M | 1,706.00M | 1,580.80M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Property Liability And Casualty Insurance Segment | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 3,789.50M | 3,653.60M | 3,488.50M | 3,412.60M | 3,272.30M | 0.00M |
| Specialty Lines Segment | 1,491.20M | 1,389.10M | 1,412.40M | 1,351.70M | 1,189.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
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 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 915.70M | 244.10M | 435.50M | 316.10M | 305.00M | 230.90M | 120.60M | 215.70M | 1,020.70M | 376.40M | 282.60M | 338.80M | 373.30M | 486.20M | 564.80M | 820.40M | 290.40M | 316.50M | 397.70M | 275.40M | 372.70M | 701.50M | 486.50M | 380.50M | 389.80M | 350.20M | 279.20M | 442.20M | 550.30M | 215.10M | 178.50M | 0.00M |
| Short-Term Investments | 0.00M | 0.00M | 1,587.60M | 0.00M | 0.00M | 0.00M | 7,454.40M | 6,687.10M | 6,161.50M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 19.20M | 0.00M | 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 | 915.70M | 244.10M | 2,023.10M | 316.10M | 305.00M | 230.90M | 7,575.00M | 6,902.80M | 7,182.20M | 376.40M | 282.60M | 338.80M | 373.30M | 486.20M | 564.80M | 820.40M | 290.40M | 316.50M | 416.90M | 275.40M | 372.70M | 701.50M | 486.50M | 380.50M | 389.80M | 350.20M | 279.20M | 442.20M | 550.30M | 215.10M | 178.50M | 0.00M |
| Net Receivables | 1,931.60M | 3,873.40M | 1,800.80M | 1,705.60M | 1,601.40M | 3,376.80M | 3,213.60M | 3,074.40M | 2,825.30M | 1,567.60M | 1,438.10M | 4,026.70M | 1,360.90M | 3,659.60M | 3,788.50M | 1,168.10M | 772.00M | 590.80M | 578.50M | 626.70M | 1,935.20M | 2,110.50M | 2,511.80M | 2,592.10M | 2,640.50M | 2,055.20M | 2,040.50M | 1,863.40M | 1,646.50M | 1,594.70M | 533.00M | 526.70M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 Assets | 0.00M | -1,978.80M | -1,587.60M | 0.00M | 0.00M | 0.00M | -10,788.60M | -9,977.20M | -3,702.40M | -1,646.10M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 2.80M | -1,350.50M | -1,617.30M | -2,026.40M | -2,111.20M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Current Assets | 2,847.30M | 2,138.70M | 2,236.30M | 2,021.70M | 1,906.40M | 3,607.70M | 0.00M | 0.00M | 6,305.10M | 297.90M | 1,720.70M | 4,365.50M | 1,734.20M | 4,145.80M | 4,353.30M | 1,988.50M | 1,062.40M | 907.30M | 995.40M | 904.90M | 957.40M | 1,194.70M | 971.90M | 861.40M | 3,030.30M | 2,405.40M | 2,319.70M | 2,305.60M | 2,196.80M | 1,809.80M | 711.50M | 526.70M |
| Property, Plant & Equipment | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Goodwill | 178.80M | 178.80M | 178.80M | 178.80M | 178.80M | 178.80M | 178.80M | 178.80M | 178.80M | 192.60M | 184.80M | 186.00M | 184.60M | 184.90M | 184.90M | 185.50M | 179.20M | 171.40M | 169.90M | 126.00M | 121.40M | 128.20M | 128.20M | 128.20M | 131.20M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible 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 | 0.00M | 0.00M | 0.00M |
| Long-Term Investments | 0.00M | 0.00M | 0.00M | 425.50M | 7,723.70M | 8,385.20M | 8,052.90M | 7,262.80M | 6,625.90M | 6,325.50M | 7,915.70M | 7,560.00M | 7,958.90M | 7,400.80M | 7,268.00M | 6,531.10M | 4,926.50M | 4,684.80M | 4,217.10M | 4,629.40M | 5,646.20M | 5,726.20M | 7,839.20M | 7,661.80M | 8,055.90M | 9,463.80M | 7,806.00M | 7,017.00M | 8,177.90M | 7,792.70M | 7,961.40M | 0.00M |
| Tax Assets | 94.10M | 130.90M | 174.20M | 173.30M | 0.00M | 188.60M | 0.00M | 0.00M | 0.00M | 168.80M | 0.00M | 0.00M | 0.00M | 0.00M | 267.60M | 260.00M | 177.40M | 228.60M | 0.00M | 330.50M | 385.00M | 465.30M | 415.10M | 381.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Assets | 0.00M | 0.00M | 0.00M | 0.00M | -7,524.50M | 5,270.80M | -8,231.70M | -7,441.60M | 0.00M | 1,861.90M | -7,800.60M | 0.00M | -7,827.70M | 0.00M | -267.60M | -260.00M | -177.40M | -4,684.80M | -3,931.30M | -4,629.40M | -5,646.20M | -5,726.20M | -7,839.20M | -7,661.80M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 17,231.00M |
| Other Assets | 13,654.00M | 13,283.70M | 12,685.20M | 11,813.30M | 11,710.70M | -3,376.80M | 13,443.70M | 12,490.50M | -710.10M | 6,622.90M | 12,199.80M | 1,669.70M | 11,709.70M | 1,647.20M | 1,678.70M | 3,893.50M | 2,401.80M | 6,735.40M | 7,779.10M | 8,454.20M | 8,392.80M | 8,845.80M | 22,204.00M | 23,741.90M | 15,409.60M | 18,466.90M | 21,462.30M | 21,447.00M | 17,278.40M | 12,946.50M | 10,297.40M | 0.00M |
| Total Non-Current Assets | 13,926.90M | 13,593.40M | 13,038.20M | 12,590.90M | 12,088.70M | 10,646.60M | 13,443.70M | 12,490.50M | 6,094.60M | 15,171.70M | 12,499.70M | 9,415.70M | 12,025.50M | 9,232.90M | 9,131.60M | 10,610.10M | 7,507.50M | 7,135.40M | 8,234.80M | 8,910.70M | 8,899.20M | 9,439.30M | 22,747.30M | 24,251.10M | 23,596.70M | 27,930.70M | 29,268.30M | 28,464.00M | 25,456.30M | 20,739.20M | 18,258.80M | 17,231.00M |
| Total Assets | 16,774.20M | 15,732.10M | 15,274.50M | 14,612.60M | 13,995.10M | 14,254.30M | 13,443.70M | 12,490.50M | 12,399.70M | 15,469.60M | 14,220.40M | 13,781.20M | 13,759.70M | 13,378.70M | 13,484.90M | 12,598.60M | 8,569.90M | 8,042.70M | 9,230.20M | 9,815.60M | 9,856.60M | 10,634.00M | 23,719.20M | 25,112.50M | 26,627.00M | 30,336.10M | 31,588.00M | 30,769.60M | 27,653.10M | 22,549.00M | 18,970.30M | 17,757.70M |
| Accounts Payable | 0.00M | 49.80M | 37.70M | 64.30M | 70.30M | 55.10M | 48.40M | 53.40M | 37.30M | 51.50M | 251.90M | 205.20M | 226.80M | 374.70M | 466.20M | 378.90M | 34.40M | 58.50M | 61.30M | 44.90M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Short-Term Debt | 436.80M | 436.80M | 61.80M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 83.30M | 56.60M | 45.00M | 221.30M | 33.00M | 38.40M | 31.20M |
| Tax Payables | 0.00M | 0.00M | 757.80M | 775.90M | 731.70M | 907.70M | 687.50M | 627.70M | 909.80M | 716.20M | 728.00M | 724.90M | 695.40M | 637.20M | 775.80M | 642.90M | 541.70M | 603.20M | 630.80M | 696.40M | 928.00M | 1,062.00M | 1,152.80M | 822.70M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| 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 | 0.00M | 0.00M | 0.00M |
| Other Current Liabilities | 0.00M | -49.80M | -37.70M | 5,252.00M | -70.30M | -907.70M | -735.90M | -681.10M | 0.00M | 0.00M | -251.90M | -724.90M | -226.80M | -637.20M | -775.80M | 3,498.10M | -541.70M | -58.50M | 3,252.30M | 3,343.70M | -52.70M | -92.00M | -86.50M | 0.00M | -1,674.60M | -1,142.70M | -946.70M | -913.50M | -987.60M | -741.40M | -692.10M | -31.20M |
| Total Current Liabilities | 436.80M | 436.80M | 819.60M | 6,092.20M | 731.70M | 55.10M | 0.00M | 0.00M | 947.10M | 767.70M | 728.00M | 205.20M | 695.40M | 374.70M | 466.20M | 4,519.90M | 34.40M | 603.20M | 3,944.40M | 4,085.00M | 875.30M | 970.00M | 1,066.30M | 822.70M | -1,674.60M | -1,059.40M | -890.10M | -868.50M | -766.30M | -708.40M | -653.70M | 0.00M |
| Long-Term Debt | 843.00M | 347.80M | 722.30M | 783.20M | 782.40M | 781.60M | 780.80M | 653.40M | 777.90M | 786.90M | 786.40M | 803.10M | 903.50M | 903.90M | 849.40M | 911.10M | 605.90M | 433.90M | 531.40M | 511.90M | 508.80M | 508.80M | 508.80M | 499.50M | 199.50M | 199.50M | 199.50M | 199.50M | 199.50M | 202.10M | 202.20M | 202.30M |
| Capital Lease Obligations | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 97.30M | 51.80M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 12.90M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 12,068.10M | 11,129.70M | 10,890.80M | 11,363.80M | 10,157.50M | 10,327.80M | -878.10M | -705.20M | 8,667.10M | 11,685.00M | 9,848.50M | 10,133.70M | 9,316.80M | 9,880.30M | 0.00M | 8,560.60M | 5,567.70M | 4,647.00M | 2,875.70M | 6,308.30M | 6,420.60M | 7,111.90M | 19,718.10M | 21,570.10M | -199.50M | -199.50M | -142.90M | -199.50M | -199.50M | -215.00M | -202.20M | -202.30M |
| Total Non-Current Liabilities | 12,911.10M | 11,477.50M | 11,613.10M | 12,147.00M | 10,939.90M | 11,109.40M | 0.00M | 0.00M | 9,445.00M | 12,471.90M | 10,634.90M | 10,936.80M | 10,220.30M | 10,784.20M | 849.40M | 9,471.70M | 6,173.60M | 5,080.90M | 3,407.10M | 6,820.20M | 6,929.40M | 7,620.70M | 20,226.90M | 22,069.60M | 0.00M | 0.00M | 56.60M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Liabilities | 13,347.90M | 11,914.30M | 12,432.70M | 18,239.20M | 11,671.60M | 11,164.50M | 0.00M | 0.00M | 10,392.10M | 13,239.60M | 11,362.90M | 11,142.00M | 10,915.70M | 11,158.90M | 1,315.60M | 13,991.60M | 6,208.00M | 5,684.10M | 7,351.50M | 10,905.20M | 7,804.70M | 8,590.70M | 21,293.20M | 22,892.30M | -1,674.60M | -1,059.40M | -833.50M | -868.50M | -766.30M | -708.40M | -653.70M | 0.00M |
| 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 | 0.00M | 0.00M | 0.00M |
| Common Stock | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.60M | 0.50M | 0.00M |
| Retained Earnings | 3,577.30M | 3,431.20M | 3,209.60M | 2,909.40M | 2,992.90M | 2,983.20M | 2,668.00M | 2,410.90M | 2,182.30M | 1,975.00M | 1,875.60M | 1,803.50M | 1,558.70M | 1,349.10M | 1,211.60M | 1,237.10M | 1,246.80M | 1,141.10M | 949.80M | 946.90M | 712.00M | 589.80M | 943.40M | 833.10M | 746.20M | 1,052.30M | 1,068.70M | 882.20M | 599.90M | 407.80M | 210.10M | 38.20M |
| Accumulated OCI | -198.30M | -287.20M | -456.30M | -517.20M | -701.50M | 122.20M | 372.50M | 152.60M | -116.50M | 107.60M | 62.80M | 53.90M | 206.40M | 177.60M | 325.80M | 210.40M | 136.70M | 28.80M | -384.80M | -20.40M | -39.90M | -59.50M | 3.00M | 16.10M | -37.40M | -13.70M | -5.20M | -75.30M | 180.50M | 217.90M | 131.60M | 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 300.00M | 300.00M | 300.00M | 300.00M | 300.00M | 452.90M | 784.00M | 758.50M |
| Total Shareholders’ Equity | 3,379.60M | 3,144.60M | 2,753.90M | 2,392.80M | 2,292.00M | 3,106.00M | 3,041.10M | 2,564.10M | 2,066.40M | 2,083.20M | 1,939.00M | 1,858.00M | 1,765.70M | 1,527.30M | 1,538.00M | 1,448.10M | 1,384.10M | 1,170.50M | 565.60M | 927.10M | 672.70M | 530.90M | 947.00M | 849.80M | 709.40M | 1,039.20M | 1,064.10M | 807.50M | 781.00M | 626.30M | 342.20M | 38.20M |
| Total Equity | 3,379.60M | 3,144.60M | 2,753.90M | 2,392.80M | 2,292.00M | 3,106.00M | 3,041.10M | 2,564.10M | 2,066.40M | 2,083.20M | 1,939.00M | 1,858.00M | 1,765.70M | 1,527.30M | 1,538.00M | 1,448.10M | 1,384.10M | 1,170.50M | 565.60M | 927.10M | 672.70M | 530.90M | 947.00M | 849.80M | 1,009.40M | 1,339.20M | 1,364.10M | 1,107.50M | 1,081.00M | 1,079.20M | 1,126.20M | 796.70M |
| Total Liabilities & Equity | 16,727.50M | 15,058.90M | 15,186.60M | 20,632.00M | 13,963.60M | 14,270.50M | 3,041.10M | 2,564.10M | 12,458.50M | 15,322.80M | 13,301.90M | 13,000.00M | 12,681.40M | 12,686.20M | 2,853.60M | 15,439.70M | 7,592.10M | 6,854.60M | 7,917.10M | 11,832.30M | 8,477.40M | 9,121.60M | 22,240.20M | 23,742.10M | -665.20M | 279.80M | 530.60M | 239.00M | 314.70M | 370.80M | 472.50M | 796.70M |
| Tangible Assets | 16,595.40M | 15,553.30M | 15,095.70M | 14,433.80M | 13,816.30M | 14,075.50M | 13,264.90M | 12,311.70M | 12,220.90M | 15,277.00M | 14,035.60M | 13,595.20M | 13,575.10M | 13,193.80M | 13,300.00M | 12,413.10M | 8,390.70M | 7,871.30M | 9,060.30M | 9,689.60M | 9,735.20M | 10,505.80M | 23,591.00M | 24,984.30M | 26,495.80M | 30,336.10M | 31,588.00M | 30,769.60M | 27,653.10M | 22,549.00M | 18,970.30M | 17,757.70M |
| Tangible Equity | 3,200.80M | 2,965.80M | 2,575.10M | 2,214.00M | 2,113.20M | 2,927.20M | 2,862.30M | 2,385.30M | 1,887.60M | 1,890.60M | 1,754.20M | 1,672.00M | 1,581.10M | 1,342.40M | 1,353.10M | 1,262.60M | 1,204.90M | 999.10M | 395.70M | 801.10M | 551.30M | 402.70M | 818.80M | 721.60M | 878.20M | 1,339.20M | 1,364.10M | 1,107.50M | 1,081.00M | 1,079.20M | 1,126.20M | 796.70M |
| Tangible Book Value | 3,200.80M | 2,965.80M | 2,575.10M | 2,214.00M | 2,113.20M | 2,927.20M | 2,862.30M | 2,385.30M | 1,887.60M | 1,890.60M | 1,754.20M | 1,672.00M | 1,581.10M | 1,342.40M | 1,353.10M | 1,262.60M | 1,204.90M | 999.10M | 395.70M | 801.10M | 551.30M | 402.70M | 818.80M | 721.60M | 878.20M | 1,339.20M | 1,364.10M | 1,107.50M | 1,081.00M | 1,079.20M | 1,126.20M | 796.70M |
| Total Investments | 0.00M | 0.00M | 1,587.60M | 425.50M | 7,723.70M | 8,385.20M | 8,846.10M | 7,996.00M | 12,787.40M | 6,325.50M | 7,915.70M | 7,560.00M | 7,958.90M | 7,400.80M | 7,268.00M | 6,531.10M | 4,926.50M | 4,684.80M | 4,266.60M | 4,629.40M | 5,646.20M | 5,726.20M | 7,839.20M | 7,661.80M | 8,055.90M | 9,463.80M | 7,806.00M | 7,017.00M | 8,177.90M | 7,792.70M | 7,961.40M | 922.70M |
| Net Debt | 364.10M | 540.50M | 348.60M | 467.10M | 477.40M | 550.70M | 660.20M | 437.70M | -242.80M | 410.50M | 503.80M | 464.30M | 530.20M | 417.70M | 284.60M | 90.70M | 315.50M | 117.40M | 133.70M | 236.50M | 136.10M | -192.70M | 22.30M | 119.00M | -190.30M | -67.40M | -23.10M | -197.70M | -129.50M | 20.00M | 62.10M | 233.50M |
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 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 2,410.5M | 1,100.4M | 1,416.7M | -4,070.5M | 1,174.7M | 3,552.6M | 0.0M | 0.0M | 6,267.8M | -46.9M | 992.7M | 3,435.4M | 1,038.8M | 3,133.9M | 3,887.1M | -2,531.4M | 1,028.0M | 304.1M | -2,940.5M | -3,117.3M | 29.4M | 132.7M | -180.9M | -97.8M | 3,030.3M | 2,405.4M | 2,319.7M | 2,305.6M | 2,196.8M | 1,809.8M | 711.5M | 526.7M |
| Total Capital | 4,706.1M | 4,000.9M | 3,625.9M | 3,248.8M | 3,116.1M | 3,926.5M | 3,983.0M | 3,569.6M | 3,732.6M | 3,784.6M | 3,643.9M | 3,647.5M | 3,747.5M | 3,498.4M | 3,444.8M | 3,395.1M | 3,066.4M | 2,792.5M | 2,418.6M | 2,810.9M | 2,508.0M | 2,460.1M | 2,848.3M | 2,719.7M | 2,271.7M | 2,673.9M | 2,665.2M | 2,484.7M | 2,879.4M | 2,616.4M | 1,965.3M | 1,807.7M |
| Capital Employed | 16,337.4M | 14,693.8M | 14,454.9M | 8,520.4M | 13,263.4M | 14,199.2M | 13,443.7M | 12,490.5M | 12,362.4M | 15,124.8M | 13,492.4M | 12,851.1M | 13,064.3M | 12,366.8M | 13,018.7M | 8,078.7M | 8,535.5M | 7,439.5M | 5,294.3M | 5,793.4M | 8,928.6M | 9,572.0M | 22,566.4M | 24,153.3M | 26,627.0M | 30,336.1M | 31,588.0M | 30,769.6M | 27,653.1M | 22,549.0M | 18,970.3M | 17,757.7M |
| Invested Capital | 3,790.4M | 3,756.8M | 3,190.4M | 2,932.7M | 2,811.1M | 3,695.6M | 3,862.4M | 3,353.9M | 2,711.9M | 3,408.2M | 3,361.3M | 3,308.7M | 3,374.2M | 3,012.2M | 2,880.0M | 2,574.7M | 2,776.0M | 2,476.0M | 2,020.9M | 2,535.5M | 2,135.3M | 1,758.6M | 2,361.8M | 2,339.2M | 1,881.9M | 2,323.7M | 2,386.0M | 2,042.5M | 2,329.1M | 2,401.3M | 1,786.8M | 1,807.7M |
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 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 631.90M | 366.00M | 426.00M | 35.30M | 116.00M | 420.00M | 358.70M | 425.10M | 391.00M | 186.20M | 155.10M | 331.50M | 282.00M | 251.00M | 46.10M | 31.50M | 153.20M | 197.20M | 20.60M | 253.10M | 170.30M | -325.20M | 125.30M | 86.90M | -274.80M | -3.10M | 199.90M | 345.10M | 201.20M | 192.60M | 181.90M | 146.00M |
| Depreciation & Amortization | -3.90M | 2.90M | 1.50M | 6.30M | 12.90M | 16.90M | 18.20M | 21.60M | 24.60M | 30.10M | 30.70M | 30.20M | 33.50M | 35.00M | 35.60M | 26.70M | 16.70M | 11.80M | 15.10M | 18.90M | 21.40M | 31.60M | 38.20M | 35.80M | 20.60M | 23.00M | 22.80M | 34.20M | 21.90M | 31.60M | 44.70M | 0.00M |
| Deferred Income Tax | 5.90M | -17.40M | -18.80M | -24.60M | -46.50M | 25.00M | -23.00M | 12.50M | -23.40M | 39.80M | -13.20M | 53.10M | 68.60M | 74.90M | -43.00M | -9.20M | 52.00M | 31.90M | 53.70M | 88.40M | 65.00M | -1.80M | 2.50M | -2.00M | -228.10M | -63.10M | 1.50M | 18.80M | -16.40M | 13.90M | -15.70M | -37.00M |
| Stock-Based Compensation | 35.30M | 30.70M | 31.00M | 31.10M | 29.00M | 22.90M | 20.10M | 17.40M | 13.40M | 12.30M | 12.00M | 12.30M | 15.10M | 12.40M | 12.80M | 12.00M | 11.30M | 11.70M | 11.60M | 15.50M | 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 | 16.90M | 166.10M | 220.90M | 272.10M | 561.30M | 620.00M | 351.20M | 237.40M | 248.30M | 473.60M | 462.90M | 53.70M | 181.00M | 28.10M | 359.30M | 166.30M | -131.90M | -136.10M | -59.10M | -292.40M | -372.50M | -131.70M | -292.60M | -936.20M | -3.80M | 1,057.50M | -169.00M | -414.00M | -80.40M | -413.00M | -211.80M | 42.80M |
| Accounts Receivable | 33.90M | -91.60M | -60.10M | -201.90M | -173.90M | -156.30M | -144.00M | -257.80M | -322.00M | -443.60M | -64.00M | -79.50M | -68.20M | 41.40M | 0.00M | 21.30M | -204.90M | -14.10M | 75.00M | 0.00M | 0.00M | -290.60M | 0.20M | 98.70M | 19.20M | 20.60M | -127.30M | -194.00M | -58.70M | 19.00M | 107.00M | -117.60M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accounts Payable | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -232.80M | -385.10M | 158.00M | -261.90M | -563.20M | -196.50M | 611.80M | 172.40M | 28.70M | 168.10M | -134.70M | -184.30M | 116.20M |
| Other Working Capital | -17.00M | 257.70M | 281.00M | 474.00M | 735.20M | 776.30M | 495.20M | 495.20M | 570.30M | 917.20M | 526.90M | 133.20M | 249.20M | -13.30M | 359.30M | 145.00M | 73.00M | -122.00M | -134.10M | -59.60M | 12.60M | 0.90M | -30.90M | -471.70M | 173.50M | 425.10M | -214.10M | -248.70M | -189.80M | -297.30M | -134.50M | 44.20M |
| Other Non-Cash Items | 327.30M | 137.30M | 145.80M | 41.50M | 49.60M | -281.10M | -17.60M | -111.10M | -102.60M | -37.40M | 95.90M | -36.10M | -15.50M | -17.50M | -2.60M | -5.60M | -17.70M | -24.90M | 167.60M | -10.20M | 157.60M | 580.20M | 269.00M | 641.20M | 529.90M | -416.70M | 103.80M | 31.10M | -88.40M | 1.70M | 156.90M | -23.10M |
| Net Cash from Operating Activities | 1,013.40M | 685.60M | 806.40M | 361.70M | 722.30M | 823.70M | 707.60M | 602.90M | 551.30M | 704.60M | 743.40M | 444.70M | 564.70M | 383.90M | 408.20M | 221.70M | 83.60M | 91.60M | 209.50M | 73.30M | 41.80M | 153.10M | 142.40M | -174.30M | 43.80M | 597.60M | 159.00M | 15.20M | 37.90M | -173.20M | 156.00M | 128.70M |
| Capital Expenditures (PPE) | -9.50M | -9.40M | -10.20M | -11.90M | -17.80M | -8.00M | -14.90M | -13.30M | -13.10M | -18.60M | -15.70M | -19.50M | -11.20M | -22.90M | -21.30M | -1,704.50M | -10.90M | -10.40M | -9.50M | -9.50M | -8.80M | -8.30M | -7.80M | -5.40M | -13.10M | -32.10M | -13.70M | -30.10M | -0.70M | -15.30M | -12.80M | -14.10M |
| Acquisitions (Net) | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 34.70M | 635.70M | 0.00M | 0.00M | 44.30M | 0.00M | 0.00M | 5.20M | 287.70M | -13.30M | -24.10M | -99.80M | -4.20M | 50.90M | 121.30M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -208.90M | -425.60M | 0.00M | 0.00M |
| Purchases of Investments | -1,182.00M | -2,524.20M | -3,312.70M | -1,130.60M | -2,084.50M | -2,302.90M | -2,084.20M | -1,920.50M | -1,603.90M | -1,868.40M | -2,372.10M | -2,221.00M | -2,089.80M | -1,947.90M | -2,445.30M | -1,816.60M | -184.90M | -2,390.30M | -1,030.00M | -1,261.40M | -1,920.90M | -2,089.80M | -2,116.30M | -2,497.10M | -3,454.40M | -4,740.10M | -3,864.10M | -2,606.20M | -3,174.40M | -2,969.60M | -4,090.30M | -3,552.10M |
| Sales / Maturities of Investments | 1,043.20M | 2,100.70M | 2,782.00M | 914.00M | 1,594.70M | 1,850.70M | 1,490.30M | 1,587.20M | 1,252.60M | 1,390.20M | 1,873.40M | 2,025.80M | 1,498.30M | 1,612.10M | 1,903.00M | 1,728.20M | 1,499.80M | 2,233.20M | 1,328.50M | 1,213.80M | 1,987.10M | 2,788.30M | 2,165.20M | 3,038.40M | 5,310.30M | 4,030.30M | 30.40M | 3,452.20M | 2,590.60M | 3,325.00M | 4,346.50M | 3,170.20M |
| Other Investing Activities | -644.60M | -0.40M | -0.60M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -9.50M | 12.10M | -1.10M | 2.00M | 0.00M | 0.00M | 0.00M | 3.00M | 108.30M | -226.70M | -481.40M | -399.00M | 94.20M | 25.40M | -181.60M | -374.20M | -237.90M | 2,962.20M | -21.00M | 176.30M | 206.00M | 181.20M | 267.90M |
| Net Cash from Investing Activities | -792.90M | -433.30M | -541.50M | -228.50M | -507.60M | -460.20M | -608.80M | -311.90M | 271.30M | -506.30M | -495.40M | -171.50M | -600.70M | -358.70M | -562.80M | 182.80M | -98.80M | -42.60M | 141.40M | -72.30M | 97.90M | 811.50M | 41.30M | 354.30M | 1,468.60M | -979.80M | -885.20M | 794.90M | -617.10M | 120.50M | 424.60M | -128.10M |
| Net Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 120.60M | -151.10M | -11.60M | 0.00M | -104.70M | -114.30M | -0.70M | 28.70M | -65.70M | 238.60M | 161.30M | 52.20M | -50.60M | -101.00M | -19.60M | -91.60M | 0.00M | 0.00M | -83.30M | 26.70M | 11.60M | -176.30M | 188.30M | -5.40M | 7.20M | -1.60M |
| Long-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 120.60M | -151.10M | -11.60M | 0.00M | -104.70M | -114.30M | -0.70M | 28.70M | -65.70M | 238.60M | 161.30M | 52.20M | -50.60M | -101.00M | -19.60M | -91.60M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -2.60M | -0.10M | -0.10M | 0.00M |
| 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 | 0.00M | -83.30M | 26.70M | 11.60M | -176.30M | 188.30M | -5.40M | 7.20M | -1.60M |
| Net Stock Issuance | -74.60M | 0.00M | -26.70M | 0.00M | -30.80M | -162.60M | -212.80M | -563.60M | -57.70M | -37.20M | -105.60M | -127.30M | -20.40M | -78.20M | -20.00M | -21.70M | -134.70M | -148.10M | -58.50M | -1.60M | 44.80M | 8.60M | 4.30M | 0.30M | 1.10M | 5.30M | -80.20M | -242.90M | -71.30M | 299.10M | -42.00M | 227.10M |
| 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 | 25.40M | 245.00M | 8.60M | 4.30M | 0.30M | 1.10M | 5.30M | 23.90M | 7.30M | 11.40M | 2.80M | 42.00M | 248.00M |
| Common Stock Repurchased | -74.60M | 0.00M | -26.70M | 0.00M | -30.80M | -162.60M | -212.80M | -563.60M | -57.70M | -37.20M | -105.60M | -127.30M | -20.40M | -78.20M | -20.00M | -21.70M | -134.70M | -148.10M | -58.50M | -1.60M | -200.20M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -80.80M | -244.00M | -82.70M | 0.00M | -42.00M | -20.90M |
| 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 | 16.60M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 296.30M | 0.00M | 0.00M |
| Net Dividends Paid | -129.30M | -122.00M | -124.10M | -117.20M | -108.90M | -102.20M | -99.50M | -386.20M | -94.30M | -86.80M | -80.40M | -74.20M | -67.00M | -60.00M | -55.10M | -50.90M | -47.20M | -37.50M | -23.00M | -20.80M | -15.40M | -13.40M | 0.00M | 0.00M | 0.00M | -13.30M | -13.40M | -13.50M | -9.90M | -13.70M | -13.90M | -4.10M |
| Common Dividends Paid | -129.30M | -122.00M | -124.10M | -117.20M | -108.90M | -102.20M | -99.50M | -386.20M | -94.30M | -86.80M | -80.40M | -74.20M | -67.00M | -60.00M | -55.10M | -50.90M | -47.20M | -37.50M | -23.00M | -20.80M | -15.40M | -13.40M | 0.00M | 0.00M | 0.00M | -13.30M | -13.40M | -13.50M | -9.90M | -13.70M | -13.90M | -4.10M |
| 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 | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | 473.90M | 2.30M | 5.30M | -4.90M | -0.90M | 11.60M | -2.20M | 1.60M | -7.40M | 12.30M | -10.10M | 14.80M | 16.40M | 4.00M | 7.40M | -38.70M | 12.00M | 3.20M | -12.50M | 25.10M | -478.30M | -653.20M | -479.60M | -189.60M | -1,390.60M | 432.60M | 645.20M | -472.30M | 791.60M | -190.70M | -636.40M | -472.20M |
| Net Cash from Financing Activities | 270.00M | -119.70M | -145.50M | -122.10M | -140.60M | -253.20M | -193.90M | -1,099.30M | -171.00M | -111.70M | -300.80M | -301.00M | -71.70M | -105.50M | -133.40M | 127.30M | -8.60M | -130.20M | -144.60M | -98.30M | -468.50M | -749.60M | -475.30M | -189.30M | -1,472.80M | 451.30M | 563.20M | -905.00M | 898.70M | 89.30M | -685.10M | -250.80M |
| Effect of FX on Cash | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 3.30M | -4.00M | 7.20M | -3.40M | -6.70M | -5.20M | 1.60M | 32.10M | -3.90M | -2.30M | 131.60M | -47.80M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -13.20M | 15.70M | 0.00M | -6.50M | -0.60M |
| Net Change in Cash | 488.60M | 132.60M | 119.40M | 11.10M | 74.10M | 110.30M | -95.10M | -805.00M | 722.80M | 150.60M | -56.20M | -34.50M | -112.90M | -78.60M | -255.60M | 530.00M | -26.10M | -81.20M | 187.10M | -97.30M | -328.80M | 215.00M | -291.60M | -9.30M | 39.60M | 69.10M | -163.00M | -108.10M | 335.20M | 36.60M | -111.00M | -250.80M |
| Cash at Beginning of Period | 1,421.80M | 1,212.80M | 316.10M | 305.00M | 230.90M | 120.60M | 215.70M | 1,020.70M | 297.90M | 147.30M | 338.80M | 373.30M | 486.20M | 564.80M | 820.40M | 290.40M | 316.50M | 397.70M | 210.60M | 316.20M | 701.50M | 486.50M | 778.10M | 389.80M | 350.20M | 281.10M | 442.20M | 550.30M | 215.10M | 178.50M | 289.50M | 539.70M |
| Cash at End of Period | 1,910.40M | 1,345.40M | 435.50M | 316.10M | 305.00M | 230.90M | 120.60M | 215.70M | 1,020.70M | 297.90M | 282.60M | 338.80M | 373.30M | 486.20M | 564.80M | 820.40M | 290.40M | 316.50M | 397.70M | 210.60M | 372.70M | 701.50M | 486.50M | 380.50M | 389.80M | 350.20M | 279.20M | 442.20M | 550.30M | 215.10M | 178.50M | 288.90M |
| Operating Cash Flow | 1,013.40M | 685.60M | 806.40M | 361.70M | 722.30M | 823.70M | 707.60M | 602.90M | 551.30M | 704.60M | 743.40M | 444.70M | 564.70M | 383.90M | 408.20M | 221.70M | 83.60M | 91.60M | 209.50M | 73.30M | 41.80M | 153.10M | 142.40M | -174.30M | 43.80M | 597.60M | 159.00M | 15.20M | 37.90M | -173.20M | 156.00M | 128.70M |
| Capital Expenditure | -9.50M | -9.40M | -10.20M | -11.90M | -17.80M | -8.00M | -14.90M | -13.30M | -13.10M | -18.60M | -15.70M | -19.50M | -11.20M | -22.90M | -21.30M | -16.50M | -10.90M | -10.40M | -9.50M | -9.50M | -8.80M | -8.30M | -7.80M | -5.40M | -13.10M | -32.10M | -13.70M | -30.10M | -0.70M | -15.30M | -12.80M | -14.10M |
| Free Cash Flow | 1,003.90M | 676.20M | 796.20M | 349.80M | 704.50M | 815.70M | 692.70M | 589.60M | 538.20M | 686.00M | 721.90M | 418.90M | 553.50M | 361.00M | 386.90M | 205.20M | 72.70M | 81.20M | 200.00M | 63.80M | 33.00M | 144.80M | 134.60M | -179.70M | 30.70M | 565.50M | 145.30M | -14.90M | 37.20M | -188.50M | 143.20M | 114.60M |
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 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 1,509.80M | 1,149.40M | 1,239.20M | 659.20M | 729.20M | 1,059.60M | 1,040.60M | 1,120.10M | 874.30M | 877.70M | 646.70M | 1,161.20M | 1,133.50M | 1,096.60M | 713.80M | 628.60M | 643.60M | 248.20M | 513.10M | 712.00M | 714.60M | 485.50M | 765.90M | 586.70M | 504.40M | 481.00M | 746.40M | 980.80M | 794.00M | 624.80M | 915.30M | 2,841.60M |
| (-) Tax Adjustment | 315.21M | 268.23M | 259.22M | 121.90M | 137.74M | 205.90M | 193.71M | 199.73M | 134.63M | 230.14M | 0.00M | 287.00M | 286.97M | 277.90M | 0.00M | 0.00M | 176.53M | 76.14M | 179.59M | 236.01M | 224.30M | 0.00M | 17.23M | 38.01M | 0.00M | 168.35M | 9.22M | 231.96M | 148.43M | 190.84M | 267.72M | 994.56M |
| (-) Change In Working Capital | 16.90M | 166.10M | 220.90M | 272.10M | 561.30M | 620.00M | 351.20M | 237.40M | 248.30M | 473.60M | 462.90M | 53.70M | 181.00M | 28.10M | 359.30M | 166.30M | -131.90M | -136.10M | -59.10M | -292.40M | -372.50M | -131.70M | -292.60M | -936.20M | -3.80M | 1,057.50M | -169.00M | -414.00M | -80.40M | -413.00M | -211.80M | 42.80M |
| (-) Capital Expenditure | -9.50M | -9.40M | -10.20M | -11.90M | -17.80M | -8.00M | -14.90M | -13.30M | -13.10M | -18.60M | -15.70M | -19.50M | -11.20M | -22.90M | -21.30M | -16.50M | -10.90M | -10.40M | -9.50M | -9.50M | -8.80M | -8.30M | -7.80M | -5.40M | -13.10M | -32.10M | -13.70M | -30.10M | -0.70M | -15.30M | -12.80M | -14.10M |
| Unlevered Free Cash Flow | 1,168.19M | 705.67M | 748.88M | 253.30M | 12.36M | 225.70M | 480.79M | 669.67M | 478.27M | 155.36M | 168.10M | 801.00M | 654.33M | 767.70M | 333.20M | 445.80M | 588.07M | 297.76M | 383.12M | 758.89M | 854.00M | 608.90M | 1,033.47M | 1,479.49M | 495.10M | -776.95M | 892.48M | 1,132.74M | 725.27M | 831.66M | 846.58M | 1,790.14M |
| (-) Net Interest Income After Taxes | -29.43M | -26.14M | -26.97M | -27.79M | -27.66M | -27.39M | -30.19M | -30.81M | -38.16M | -33.35M | -51.40M | -45.62M | -49.14M | -48.75M | -61.90M | -55.00M | -32.15M | 0.00M | 0.00M | -27.14M | 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 Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 120.60M | -151.10M | -11.60M | 0.00M | -104.70M | -114.30M | -0.70M | 28.70M | -65.70M | 238.60M | 161.30M | 52.20M | -50.60M | -101.00M | -19.60M | -91.60M | 0.00M | 0.00M | -83.30M | 26.70M | 11.60M | -176.30M | 188.30M | -5.40M | 7.20M | -1.60M |
| Levered Free Cash Flow | 1,197.62M | 731.81M | 775.84M | 281.10M | 40.02M | 253.09M | 631.58M | 549.38M | 504.83M | 188.71M | 114.80M | 732.33M | 702.77M | 845.15M | 329.40M | 739.40M | 781.52M | 349.96M | 332.52M | 685.03M | 834.40M | 517.30M | 1,033.47M | 1,479.49M | 411.80M | -750.25M | 904.08M | 956.44M | 913.57M | 826.26M | 853.78M | 1,788.54M |