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Definitive Analysis

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Page: Industry Financials

0QAH.L

Industry Analysis

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Industry Enterprise Value

Metric MRQ 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 1995
Stock Price 18.44 17.08 16.82 19.90 21.13 19.98 20.26 14.89 13.75 16.92 15.28 15.92 13.84 10.19 7.96 8.30 8.26 8.05 7.91 8.40 7.57 9.75 14.09 13.40 18.57 23.41 20.84 18.36 10.63 8.60 8.49
Market Capitalization 17,391.08M 8,352.41M 10,229.94M 9,642.07M 11,240.63M 10,857.01M 14,023.70M 9,366.76M 7,468.22M 15,162.32M 17,464.74M 19,299.09M 15,850.30M 12,449.01M 7,849.43M 7,661.63M 9,157.39M 8,525.29M 10,755.81M 9,353.93M 8,041.34M 15,133.66M 21,886.63M 20,274.58M 26,909.07M 37,564.93M 33,893.53M 36,073.52M 22,837.57M 16,153.45M 13,991.27M
(-) Cash & Equivalents 1,493.11M 793.59M 804.42M 656.90M 683.80M 635.58M 607.44M 538.21M 612.51M 681.35M 693.09M 907.75M 615.87M 514.93M 587.88M 504.16M 397.66M 436.61M 497.30M 512.24M 620.52M 614.73M 471.24M 581.45M 316.97M 661.20M 681.45M 702.18M 344.97M 360.37M 335.51M
(+) Total Debt 1,753.16M 1,530.42M 483.09M 767.78M 1,707.90M 697.54M 1,438.96M 1,381.90M 1,390.67M 1,574.83M 1,616.99M 1,824.49M 1,514.48M 1,643.72M 1,193.42M 788.71M 502.60M 366.26M 1,134.07M 859.90M 632.93M 1,541.05M 1,753.09M 1,763.81M 932.70M 788.23M 1,206.06M 1,032.93M 591.13M 553.94M 583.00M
Enterprise Value 18,471,529,466.41 11,286,085,747.04 10,696,287,274.47 9,824,255,389.83 11,749,017,092.56 12,571,307,017.13 14,319,997,673.46 9,277,878,433.85 7,298,783,203.31 16,006,011,893.51 18,585,828,853.47 19,432,155,217.10 15,875,262,838.66 13,315,849,032.71 7,326,676,953.80 8,141,325,107.57 9,127,391,859.14 10,076,620,370.56 10,834,001,842.25 12,209,836,933.83 9,367,758,837.05 15,717,633,833.60 22,912,230,574.53 21,514,254,592.43 27,332,439,292.89 37,705,017,474.90 34,691,220,248.21 36,765,748,598.51 23,033,708,234.66 16,751,476,787.91 14,265,067,174.33

Industry Income Statement

Metric TTM 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 1995
Revenue 5,640.83M 3,166.34M 2,961.18M 2,604.76M 2,822.94M 2,691.66M 3,848.03M 3,711.76M 3,454.86M 4,780.50M 4,336.46M 4,338.74M 4,222.90M 4,246.21M 3,896.76M 3,787.37M 3,551.27M 3,567.76M 3,698.10M 4,064.66M 3,781.37M 5,124.29M 6,585.17M 6,539.62M 6,665.99M 7,871.16M 8,178.18M 6,579.98M 4,362.31M 4,460.72M 4,904.46M
Cost of Revenue 1,990.13M 1,291.10M 1,173.54M 1,090.44M 1,047.84M 981.65M 1,230.50M 1,224.61M 1,197.81M 1,173.94M 1,118.92M 1,178.40M 1,009.01M 872.81M 765.54M 730.82M 663.62M 665.10M 743.16M 973.39M 968.35M 1,373.54M 1,756.75M 1,757.39M 1,442.38M 1,329.17M 1,752.12M 1,312.34M 491.11M 499.40M 813.60M
Gross Profit 3,650.71M 1,875.24M 1,787.64M 1,514.32M 1,775.09M 1,710.01M 2,617.52M 2,487.15M 2,257.05M 3,606.57M 3,217.54M 3,160.34M 3,213.88M 3,373.40M 3,131.21M 3,056.55M 2,887.65M 2,902.66M 2,954.94M 3,091.28M 2,813.02M 3,750.75M 4,828.42M 4,782.23M 5,223.61M 6,541.98M 6,426.07M 5,267.64M 3,871.20M 3,961.33M 4,090.87M
Gross Margin 64.7% 59.2% 60.4% 58.1% 62.9% 63.5% 68.0% 67.0% 65.3% 75.4% 74.2% 72.8% 76.1% 79.4% 80.4% 80.7% 81.3% 81.4% 79.9% 76.1% 74.4% 73.2% 73.3% 73.1% 78.4% 83.1% 78.6% 80.1% 88.7% 88.8% 83.4%
R&D Expenses 984.67M 595.39M 505.33M 426.08M 391.40M 373.12M 651.40M 653.14M 582.12M 874.40M 735.71M 823.01M 707.37M 647.87M 613.23M 603.02M 431.27M 657.91M 695.89M 703.66M 561.16M 665.00M 849.22M 832.13M 805.06M 914.87M 878.50M 737.61M 556.71M 393.91M 375.60M
SG&A Expenses 1,563.47M 1,206.76M 838.54M 701.03M 877.45M 856.83M 975.96M 997.46M 977.76M 928.30M 1,035.01M 1,252.34M 1,214.31M 1,081.20M 1,022.48M 895.83M 801.56M 912.92M 871.48M 1,238.32M 1,129.82M 1,648.25M 1,864.26M 1,790.62M 1,609.48M 1,609.41M 2,049.89M 1,997.15M 1,111.02M 1,034.06M 1,343.51M
Operating Expenses 2,548.13M 1,802.15M 1,343.88M 1,127.11M 1,268.85M 1,229.95M 1,627.36M 1,650.60M 1,559.87M 1,802.70M 1,770.72M 2,075.35M 1,921.69M 1,729.07M 1,635.71M 1,498.85M 1,232.83M 1,570.82M 1,567.37M 1,941.98M 1,690.98M 2,313.25M 2,713.48M 2,622.75M 2,414.54M 2,524.28M 2,928.40M 2,734.76M 1,667.73M 1,427.97M 1,719.12M
Operating Income 1,102.57M 73.09M 443.77M 387.21M 506.24M 480.06M 990.16M 836.56M 697.18M 1,803.86M 1,446.82M 1,084.99M 1,292.20M 1,644.33M 1,495.50M 1,557.69M 1,654.82M 1,331.83M 1,387.57M 1,149.30M 1,122.04M 1,437.50M 2,114.94M 2,159.47M 2,809.07M 4,017.70M 3,497.67M 2,532.87M 2,203.47M 2,533.36M 2,371.75M
Operating Margin 19.5% 2.3% 15.0% 14.9% 17.9% 17.8% 25.7% 22.5% 20.2% 37.7% 33.4% 25.0% 30.6% 38.7% 38.4% 41.1% 46.6% 37.3% 37.5% 28.3% 29.7% 28.1% 32.1% 33.0% 42.1% 51.0% 42.8% 38.5% 50.5% 56.8% 48.4%
Interest Income 19.40M 15.00M 9.48M 5.52M 3.73M 5.68M 8.64M 5.97M 7.46M 6.77M 6.33M 6.12M 5.44M 5.31M 5.91M 6.32M 13.96M 31.42M 2.03M 1.30M 1.25M 0.72M 0.14M 0.14M 0.12M 0.27M 0.02M 0.00M 0.03M 0.01M 0.05M
Interest Expense 100.42M 56.97M 26.62M 26.26M 43.74M 23.44M 46.02M 45.69M 48.10M 41.82M 39.67M 48.61M 47.24M 40.78M 32.79M 25.20M 16.56M 49.61M 2.23M 1.57M 1.65M 1.72M 1.27M 0.74M 0.67M 0.78M 0.38M 0.46M 0.40M 0.27M 0.28M
Net Interest Income -81.01M -41.98M -17.15M -20.74M -40.00M -17.76M -37.38M -39.72M -40.65M -35.05M -33.34M -42.49M -41.80M -35.47M -26.88M -18.88M -2.61M -18.19M -0.21M -0.27M -0.40M -1.00M -1.13M -0.60M -0.55M -0.50M -0.35M -0.46M -0.37M -0.26M -0.22M
Other Income / Expense -222.37M 267.93M -127.58M -11.56M -51.17M -129.37M -126.28M -95.94M 125.37M -955.16M -842.61M -412.31M -500.35M -1,006.16M -572.96M -1,011.10M -823.54M -681.49M -702.27M -528.05M -414.90M -616.69M -755.93M -1,317.51M -1,688.90M -2,169.80M -1,772.67M -1,136.54M -957.19M -1,198.20M -1,462.20M
Pre-Tax Income 799.19M 299.05M 299.04M 354.91M 415.07M 332.92M 826.51M 700.89M 781.90M 813.66M 570.87M 630.19M 750.05M 602.70M 895.66M 527.71M 828.68M 632.15M 685.09M 620.98M 706.74M 819.81M 1,357.88M 841.37M 1,119.62M 1,847.40M 1,724.65M 1,395.88M 1,245.91M 1,334.90M 909.32M
Pre-Tax Margin 14.2% 9.4% 10.1% 13.6% 14.7% 12.4% 21.5% 18.9% 22.6% 17.0% 13.2% 14.5% 17.8% 14.2% 23.0% 13.9% 23.3% 17.7% 18.5% 15.3% 18.7% 16.0% 20.6% 12.9% 16.8% 23.5% 21.1% 21.2% 28.6% 29.9% 18.5%
Income Tax Expense 169.82M 61.01M 57.77M 64.12M 51.72M 82.03M 85.18M 88.50M 102.05M 154.89M 109.21M 97.76M 100.38M 115.01M 126.57M 170.25M 157.25M 192.55M 130.89M 163.44M 190.73M 296.92M 355.42M 263.20M 289.56M 505.00M 489.89M 388.48M 376.17M 387.10M 270.63M
Tax Rate 21.2% 20.4% 19.3% 18.1% 12.5% 24.6% 10.3% 12.6% 13.1% 19.0% 19.1% 15.5% 13.4% 19.1% 14.1% 32.3% 19.0% 30.5% 19.1% 26.3% 27.0% 35.0% 26.2% 31.3% 25.9% 27.3% 28.4% 27.8% 30.2% 29.0% 29.8%
Net Income 629.37M 238.04M 241.27M 290.80M 363.36M 250.89M 741.33M 612.39M 679.85M 658.76M 461.66M 532.43M 649.67M 487.69M 769.09M 357.46M 671.43M 439.60M 554.20M 457.54M 516.01M 522.89M 1,002.46M 578.17M 830.06M 1,342.39M 1,234.76M 1,007.40M 869.74M 947.80M 638.69M
Net Margin 11.2% 7.5% 8.1% 11.2% 12.9% 9.3% 19.3% 16.5% 19.7% 13.8% 10.6% 12.3% 15.4% 11.5% 19.7% 9.4% 18.9% 12.3% 15.0% 11.3% 13.6% 10.2% 15.2% 8.8% 12.5% 17.1% 15.1% 15.3% 19.9% 21.2% 13.0%
EBIT 1,102.57M 73.09M 443.77M 387.21M 506.24M 480.06M 990.16M 836.56M 697.18M 1,803.86M 1,446.82M 1,084.99M 1,292.20M 1,644.33M 1,495.50M 1,557.69M 1,654.82M 1,331.83M 1,387.57M 1,149.30M 1,122.04M 1,437.50M 2,114.94M 2,159.47M 2,809.07M 4,017.70M 3,497.67M 2,532.87M 2,203.47M 2,533.36M 2,371.75M
Depreciation & Amortization 322.39M 180.67M 137.04M 142.17M 135.24M 127.25M 139.38M 176.47M 207.96M 163.37M 129.18M 172.48M 193.86M 171.17M 162.27M 156.14M 177.30M 115.25M 212.75M 232.47M 215.47M 249.27M 316.03M 299.96M 314.82M 313.06M 365.18M 243.70M 189.94M 198.22M 199.36M
EBITDA 1,424.96M 253.76M 580.80M 529.38M 641.48M 607.31M 1,129.54M 1,013.03M 905.14M 1,967.24M 1,576.00M 1,257.47M 1,486.06M 1,815.50M 1,657.77M 1,713.83M 1,832.12M 1,447.08M 1,600.32M 1,381.77M 1,337.51M 1,686.77M 2,430.97M 2,459.44M 3,123.89M 4,330.76M 3,862.85M 2,776.57M 2,393.41M 2,731.58M 2,571.11M
EBITDA Margin 25.3% 8.0% 19.6% 20.3% 22.7% 22.6% 29.4% 27.3% 26.2% 41.2% 36.3% 29.0% 35.2% 42.8% 42.5% 45.3% 51.6% 40.6% 43.3% 34.0% 35.4% 32.9% 36.9% 37.6% 46.9% 55.0% 47.2% 42.2% 54.9% 61.2% 52.4%
NOPAT 868.29M 58.18M 358.04M 317.26M 443.17M 361.78M 888.11M 730.93M 606.18M 1,460.47M 1,170.03M 916.68M 1,119.26M 1,330.55M 1,284.16M 1,055.15M 1,340.81M 926.16M 1,122.46M 846.81M 819.24M 934.37M 1,561.36M 1,483.94M 2,082.57M 2,919.42M 2,504.15M 1,827.96M 1,538.19M 1,798.73M 1,665.88M
NOPAT Margin 15.4% 1.8% 12.1% 12.2% 15.7% 13.4% 23.1% 19.7% 17.5% 30.6% 27.0% 21.1% 26.5% 31.3% 33.0% 27.9% 37.8% 26.0% 30.4% 20.8% 21.7% 18.2% 23.7% 22.7% 31.2% 37.1% 30.6% 27.8% 35.3% 40.3% 34.0%
Owner's Earnings 951.76M 418.70M 378.31M 432.97M 498.59M 378.15M 880.71M 788.87M 887.81M 822.14M 590.84M 704.91M 843.53M 658.85M 931.36M 513.60M 848.73M 554.85M 766.95M 690.01M 731.48M 772.16M 1,318.50M 878.13M 1,144.88M 1,655.45M 1,599.93M 1,251.10M 1,059.68M 1,146.03M 838.05M
Owner's Earnings Margin 16.9% 13.2% 12.8% 16.6% 17.7% 14.0% 22.9% 21.3% 25.7% 17.2% 13.6% 16.2% 20.0% 15.5% 23.9% 13.6% 23.9% 15.6% 20.7% 17.0% 19.3% 15.1% 20.0% 13.4% 17.2% 21.0% 19.6% 19.0% 24.3% 25.7% 17.1%
EPS 0.84 0.32 0.34 0.43 0.53 0.37 1.05 0.86 0.95 0.91 0.61 0.69 0.84 0.65 1.00 0.49 0.88 0.61 0.69 0.54 0.60 0.60 1.03 0.60 0.86 1.35 1.10 0.88 0.73 0.90 0.54
EPS (Diluted) 0.84 0.32 0.34 0.43 0.53 0.37 1.05 0.86 0.95 0.91 0.61 0.69 0.84 0.65 1.00 0.49 0.88 0.61 0.69 0.54 0.60 0.60 1.03 0.60 0.86 1.35 1.10 0.88 0.73 0.90 0.54
Shares (Diluted) 746.39M 737.69M 707.72M 672.87M 685.47M 673.86M 709.15M 713.58M 712.34M 722.82M 752.77M 768.81M 769.05M 750.60M 766.94M 734.39M 759.72M 717.28M 805.39M 843.80M 861.69M 877.68M 974.97M 957.37M 970.48M 991.06M 1,118.72M 1,142.35M 1,195.53M 1,054.20M 1,174.51M

Industry Balance Sheet

Metric MRQ 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 1995
Cash & Cash Equivalents 1,643.70M 793.59M 804.42M 656.90M 691.76M 629.77M 614.96M 538.21M 620.46M 681.35M 693.09M 907.75M 615.87M 514.93M 633.40M 504.16M 455.70M 531.82M 497.30M 512.25M 620.49M 614.33M 471.25M 581.46M 563.73M 705.04M 732.05M 758.24M 361.45M 418.90M 353.14M
Short-Term Investments 500.70M 264.64M 117.33M 276.81M 397.15M 179.41M 403.99M 493.14M 709.07M 620.97M 295.61M 388.13M 328.16M 181.12M 568.46M 383.45M 383.28M 435.85M 149.88M 544.74M 521.10M 962.18M 1,156.23M 766.23M 1,003.11M 728.49M 652.13M 184.21M 118.66M 116.83M 151.58M
Cash & Short-Term Investments 2,144.40M 1,058.22M 921.75M 933.71M 1,088.91M 809.18M 1,018.95M 1,031.35M 1,329.53M 1,302.32M 988.69M 1,295.89M 944.03M 696.05M 1,201.86M 887.61M 838.98M 967.67M 647.18M 1,056.99M 1,141.60M 1,576.51M 1,627.49M 1,347.69M 1,566.84M 1,433.53M 1,384.18M 942.45M 480.11M 535.73M 504.72M
Net Receivables 1,515.50M 935.70M 718.92M 795.70M 656.12M 676.23M 758.50M 736.20M 679.02M 665.40M 692.20M 782.51M 629.83M 514.89M 522.83M 446.30M 379.61M 380.19M 407.48M 569.87M 489.53M 910.63M 918.11M 815.16M 980.87M 1,102.16M 1,290.07M 1,120.37M 897.99M 876.09M 833.53M
Inventory 909.57M 579.22M 530.14M 429.39M 415.98M 352.95M 361.32M 349.36M 349.18M 385.05M 386.67M 427.64M 433.40M 444.86M 380.57M 340.40M 294.21M 436.15M 470.75M 501.63M 434.53M 530.92M 738.42M 769.35M 747.35M 814.39M 932.47M 869.65M 553.66M 546.04M 506.11M
Other Current Assets 298.23M 67.24M 81.45M 123.89M 86.22M 87.98M 142.76M 222.96M 62.00M 90.32M 79.23M 74.14M 233.26M 119.48M 161.56M 152.38M 99.38M 97.80M 61.72M 97.77M 112.28M 60.18M 297.44M 229.62M 295.55M 219.66M 302.90M 653.02M 458.66M 470.35M 509.48M
Total Current Assets 4,867.69M 2,640.40M 2,252.25M 2,282.69M 2,247.22M 1,926.34M 2,281.53M 2,339.86M 2,419.73M 2,443.09M 2,146.79M 2,580.18M 2,240.52M 1,775.29M 2,266.82M 1,826.69M 1,612.19M 1,881.81M 1,587.13M 2,226.25M 2,177.94M 3,078.24M 3,581.46M 3,161.81M 3,590.61M 3,569.74M 3,909.62M 3,585.49M 2,390.42M 2,428.20M 2,353.83M
Property, Plant & Equipment 1,671.05M 1,006.82M 807.11M 732.75M 870.40M 819.87M 848.30M 820.11M 801.62M 761.59M 711.04M 756.74M 691.82M 644.24M 608.99M 652.71M 481.59M 1,236.89M 1,341.51M 1,444.75M 1,446.19M 1,857.42M 2,436.60M 2,334.99M 1,998.38M 2,085.70M 2,645.87M 2,598.15M 1,441.53M 1,485.46M 1,450.43M
Goodwill 1,675.88M 1,050.12M 580.42M 518.96M 883.97M 849.55M 975.18M 956.66M 967.97M 838.41M 656.87M 461.09M 386.71M 374.59M 362.70M 272.08M 267.38M 239.49M 258.37M 215.89M 2.03M 0.02M 1.78M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 2,378.59M 1,391.99M 758.74M 882.48M 1,003.81M 770.63M 903.17M 647.52M 747.43M 820.37M 694.77M 513.41M 593.02M 764.76M 627.24M 520.20M 415.03M 282.02M 339.88M 453.91M 457.45M 711.35M 953.80M 563.04M 531.07M 377.57M 435.53M 510.30M 441.11M 452.52M 392.73M
Long-Term Investments 272.70M 134.33M 141.64M 139.37M 115.71M 133.43M 199.56M 326.50M 304.83M 251.24M 261.38M 227.57M 162.25M 97.00M 59.22M 191.58M 152.31M 112.88M 44.11M 10.90M 5.48M 3.41M 2.46M 0.97M 0.18M -0.53M 0.04M 0.59M 0.00M 0.00M 0.00M
Tax Assets 83.12M 21.11M 78.50M 82.83M 77.81M 59.20M 68.81M 45.16M 19.10M 20.38M 18.60M 64.06M 42.83M 30.83M 34.45M 51.71M 25.48M 18.15M 55.96M 15.19M 15.94M 21.80M 29.09M 7.44M 17.36M 5.87M 2.21M 3.63M 0.00M 0.00M 0.00M
Other Non-Current Assets 366.78M 309.46M 147.81M 140.51M 219.61M 207.82M 283.46M 182.21M 190.19M 252.87M 247.27M 204.71M 213.92M 207.99M 191.80M 134.33M 98.32M 134.17M 188.01M 178.47M 166.49M 260.88M 565.26M 428.41M 770.66M 787.12M 536.42M 761.96M 437.75M 564.43M 611.50M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 6,448.12M 3,913.82M 2,514.23M 2,496.90M 3,171.30M 2,840.51M 3,278.47M 2,978.16M 3,031.14M 2,944.87M 2,589.94M 2,227.58M 2,090.55M 2,119.41M 1,884.40M 1,822.62M 1,440.12M 2,023.61M 2,227.85M 2,319.11M 2,093.57M 2,854.87M 3,988.99M 3,334.85M 3,317.65M 3,255.73M 3,620.08M 3,874.62M 2,320.38M 2,502.41M 2,454.67M
Total Assets 11,315.81M 6,554.22M 4,766.48M 4,779.59M 5,418.52M 4,766.85M 5,560.00M 5,318.02M 5,450.87M 5,387.96M 4,736.73M 4,807.76M 4,331.07M 3,894.69M 4,151.22M 3,649.31M 3,052.30M 3,905.42M 3,814.98M 4,545.36M 4,271.51M 5,933.11M 7,570.45M 6,496.67M 6,908.26M 6,825.47M 7,529.70M 7,460.12M 4,710.79M 4,930.61M 4,808.49M
Accounts Payable 769.52M 397.30M 274.45M 268.54M 248.21M 241.70M 303.62M 280.02M 249.74M 315.18M 324.50M 340.76M 307.45M 253.04M 195.71M 212.65M 179.07M 175.51M 178.65M 198.46M 186.10M 272.20M 501.46M 469.17M 457.52M 553.26M 639.66M 540.02M 329.71M 359.91M 346.18M
Short-Term Debt 584.31M 399.04M 169.70M 236.18M 252.83M 196.48M 337.96M 219.19M 250.78M 158.61M 85.99M 178.40M 127.90M 202.36M 46.14M 51.56M 63.21M 49.49M 292.05M 57.63M 51.92M 443.56M 119.52M 395.70M 134.87M 122.66M 178.46M 202.00M 168.19M 209.27M 196.36M
Tax Payables 0.73M 16.93M 57.42M 47.26M 36.88M 39.66M 44.82M 43.73M 33.77M 39.68M 28.31M 31.52M 40.78M 36.34M 22.96M 19.39M 29.08M 21.09M 17.44M 11.86M 13.12M 1.85M 1.58M 1.36M 1.32M 1.31M 0.43M 0.40M 0.25M 0.15M 0.21M
Deferred Revenue 0.98M 0.00M 1.10M 5.12M 21.28M 21.12M 22.36M 7.90M 18.97M 22.65M 19.00M 17.08M 19.68M 16.96M 11.68M 7.07M 9.95M 9.74M 11.25M 8.32M 8.01M 6.34M 4.80M 6.20M 5.28M 3.62M 2.11M 1.95M 1.48M 1.44M 0.53M
Other Current Liabilities 492.59M 324.64M 340.63M 323.33M 312.12M 372.63M 314.80M 242.56M 257.16M 263.44M 200.87M 327.93M 323.66M 331.41M 260.16M 260.22M 127.91M 184.70M 295.05M 771.71M 210.37M 759.06M 814.88M 780.24M 718.02M 711.33M 1,331.00M 1,438.97M 613.25M 718.53M 781.79M
Total Current Liabilities 1,848.13M 1,137.91M 843.30M 880.43M 871.31M 871.59M 1,023.56M 793.39M 810.41M 799.55M 658.67M 895.69M 819.47M 840.11M 536.65M 550.90M 409.22M 440.53M 794.44M 1,047.98M 469.53M 1,483.02M 1,442.23M 1,652.67M 1,317.01M 1,392.18M 2,151.67M 2,183.34M 1,112.88M 1,289.29M 1,325.07M
Long-Term Debt 3,242.14M 999.60M 188.47M 667.02M 1,371.85M 310.18M 988.49M 1,256.21M 1,355.62M 1,307.63M 1,540.86M 1,611.55M 963.30M 1,441.94M 1,137.51M 629.06M 295.96M 263.16M 297.75M 353.70M 393.30M 949.23M 1,244.32M 1,004.92M 713.54M 446.28M 554.28M 535.74M 378.54M 364.93M 362.09M
Capital Lease Obligations 0.09M 106.93M 96.52M 38.93M 44.80M 49.59M 59.94M 0.52M 0.82M 0.81M 0.83M 0.53M 0.13M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 64.61M 45.04M 23.07M 25.50M 44.79M 41.17M 47.23M 41.71M 32.49M 26.04M 66.26M 29.24M 56.23M 52.38M 44.10M 26.09M 24.02M 39.38M 54.57M 89.27M 60.69M 175.20M 241.92M 150.48M 93.68M 20.85M 69.45M 133.40M 0.00M 34.00M 32.84M
Other Non-Current Liabilities 831.77M 205.98M 193.79M 119.69M 301.17M 340.41M 447.76M 590.81M 384.94M 454.29M 386.85M 516.12M 463.47M 405.49M 99.42M 102.40M 62.45M 73.49M 105.56M 123.33M 121.68M 429.54M 447.62M 392.32M 389.54M 447.22M 699.21M 541.73M 297.38M 344.97M 352.58M
Total Non-Current Liabilities 4,138.61M 1,357.55M 501.85M 851.13M 1,762.61M 741.35M 1,543.42M 1,889.25M 1,773.86M 1,788.77M 1,994.80M 2,157.44M 1,483.12M 1,899.82M 1,281.04M 757.56M 382.43M 376.04M 457.88M 566.30M 575.67M 1,553.97M 1,933.85M 1,547.72M 1,196.76M 914.35M 1,322.94M 1,210.86M 675.92M 743.90M 747.52M
Total Liabilities 5,986.74M 2,495.46M 1,345.15M 1,731.56M 2,633.92M 1,612.94M 2,566.98M 2,682.64M 2,584.27M 2,588.33M 2,653.47M 3,053.12M 2,302.60M 2,739.93M 1,817.69M 1,308.45M 791.65M 816.56M 1,252.32M 1,614.29M 1,045.19M 3,036.99M 3,376.08M 3,200.39M 2,513.77M 2,306.53M 3,474.60M 3,394.20M 1,788.79M 2,033.18M 2,072.59M
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
Common Stock 162.57M 131.87M 120.97M 113.87M 124.88M 144.00M 157.34M 155.51M 138.68M 125.90M 117.62M 136.61M 109.09M 128.19M 131.64M 90.33M 75.85M 59.03M 74.63M 68.18M 95.42M 138.73M 179.75M 168.76M 165.54M 184.50M 216.84M 12.92M 7.77M 6.26M 4.63M
Retained Earnings 2,814.74M 1,412.09M 1,169.33M 1,151.20M 1,092.44M 1,389.43M 1,318.04M 1,091.68M 1,409.09M 1,541.37M 860.42M 1,141.05M 1,107.78M 901.47M 789.33M 686.36M 681.20M 419.51M 634.70M 1,385.36M 1,008.59M 2,279.44M 3,668.09M 3,560.07M 4,864.29M 4,948.20M 4,834.83M 4,083.23M 2,644.15M 2,797.74M 2,527.91M
Accumulated OCI 97.68M 33.35M 1.82M 33.49M 10.55M 7.14M 17.47M -6.94M 6.50M -0.61M 17.65M 1.20M -26.11M -5.63M -5.94M -2.36M -1.28M -1.85M -0.64M -0.53M -0.27M -2.67M -0.15M -21.92M -116.92M -113.65M -4.92M 0.00M 0.00M 0.00M 0.00M
Minority Interest 22.62M 22.67M 21.07M 20.15M 18.45M 16.80M 27.07M 22.11M 18.66M 21.89M 17.70M 26.14M 22.11M 12.12M 7.76M 10.07M 8.78M 5.47M 6.72M 5.39M 5.08M 5.07M 6.11M 5.24M 5.77M 6.43M 9.66M 15.34M 0.66M 0.16M 0.17M
Total Shareholders’ Equity 3,075.00M 1,577.31M 1,292.12M 1,298.57M 1,227.88M 1,540.57M 1,492.85M 1,240.25M 1,554.26M 1,666.66M 995.69M 1,278.86M 1,190.76M 1,024.04M 915.03M 774.33M 755.77M 476.69M 708.70M 1,453.01M 1,103.75M 2,415.50M 3,847.68M 3,706.92M 4,912.90M 5,019.06M 5,046.74M 4,096.15M 2,651.92M 2,804.00M 2,532.54M
Total Equity 3,097.62M 1,599.98M 1,313.19M 1,318.71M 1,246.33M 1,557.37M 1,519.91M 1,262.36M 1,572.92M 1,688.56M 1,013.39M 1,305.01M 1,212.87M 1,036.15M 922.79M 784.40M 764.56M 482.16M 715.41M 1,458.41M 1,108.82M 2,420.57M 3,853.80M 3,712.16M 4,918.68M 5,025.49M 5,056.40M 4,111.49M 2,652.58M 2,804.15M 2,532.71M
Total Liabilities & Equity 9,084.35M 4,095.45M 2,658.34M 3,050.28M 3,880.24M 3,170.30M 4,086.90M 3,945.00M 4,157.19M 4,276.88M 3,666.87M 4,358.13M 3,515.47M 3,776.08M 2,740.48M 2,092.85M 1,556.20M 1,298.72M 1,967.73M 3,072.70M 2,154.02M 5,457.56M 7,229.87M 6,912.55M 7,432.45M 7,332.02M 8,531.00M 7,505.69M 4,441.37M 4,837.34M 4,605.29M
Tangible Assets 7,261.34M 4,112.12M 3,427.32M 3,378.15M 3,530.75M 3,146.67M 3,681.66M 3,713.85M 3,735.47M 3,729.18M 3,385.09M 3,833.26M 3,351.34M 2,755.34M 3,161.27M 2,857.02M 2,369.89M 3,383.91M 3,216.72M 3,875.56M 3,812.03M 5,221.75M 6,614.87M 5,933.63M 6,377.19M 6,447.90M 7,094.18M 6,949.82M 4,269.69M 4,478.10M 4,415.76M
Tangible Equity -956.85M -842.12M -25.97M -82.72M -641.45M -62.82M -358.43M -341.81M -142.48M 29.77M -338.25M 330.51M 233.15M -103.20M -67.15M -7.89M 82.15M -39.35M 117.16M 788.61M 649.35M 1,709.21M 2,898.21M 3,149.12M 4,387.61M 4,647.91M 4,620.87M 3,601.19M 2,211.47M 2,351.64M 2,139.97M
Tangible Book Value -956,852,660.65 -842,120,968.34 -25,965,637.62 -82,721,855.20 -641,451,041.98 -62,815,360.81 -358,427,414.68 -341,814,379.57 -142,478,415.64 29,774,760.67 -338,253,707.44 330,509,897.08 233,146,920.24 -103,200,993.91 -67,154,568.69 -7,885,672.36 82,145,152.78 -39,351,603.59 117,157,669.83 788,608,542.98 649,347,696.96 1,709,209,179.42 2,898,212,331.37 3,149,119,171.65 4,387,605,692.20 4,647,910,721.51 4,620,871,606.48 3,601,187,744.96 2,211,469,275.78 2,351,638,015.04 2,139,974,124.68
Total Investments 370.87M 280.97M 317.81M 424.90M 233.72M 369.86M 518.24M 577.12M 627.09M 624.80M 514.07M 511.34M 351.67M 462.04M 381.57M 556.76M 381.65M 383.17M 321.88M 434.72M 442.61M 469.50M 872.18M 835.18M 330.58M 472.45M 573.01M 117.05M 0.86M 0.61M 0.86M
Net Debt 2,182.75M 605.06M -446.25M 246.29M 932.92M -123.11M 711.50M 937.19M 985.93M 784.88M 933.76M 882.19M 475.33M 1,129.36M 550.26M 176.46M -96.52M -219.17M 92.50M -100.92M -175.27M 778.46M 892.58M 819.16M 284.69M -136.10M 0.69M -20.51M 185.28M 155.29M 205.31M

Industry Capital Metrics

Metric MRQ 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 1995
Working Capital 2,095.96M 1,488.30M 1,524.03M 1,520.65M 1,251.59M 1,028.53M 1,267.86M 1,443.81M 1,340.66M 1,406.53M 917.99M 2,023.65M 1,626.21M 892.82M 2,032.06M 1,252.66M 863.41M 1,852.35M 1,368.43M 1,194.06M 1,450.56M 1,346.62M 1,221.62M 1,373.96M 1,529.03M 2,012.69M 1,456.38M 1,418.25M 667.83M 776.15M 719.44M
Total Capital 11,304.27M 4,635.26M 3,351.14M 3,436.16M 4,391.80M 3,233.50M 3,897.48M 3,819.16M 3,783.46M 4,513.20M 4,385.36M 4,883.79M 4,250.03M 3,926.46M 4,113.98M 3,888.87M 2,457.66M 2,580.34M 3,996.72M 3,791.38M 3,725.59M 4,783.48M 6,233.42M 6,378.44M 5,507.29M 5,052.90M 5,733.37M 5,863.56M 2,950.16M 2,931.55M 2,743.97M
Capital Employed 17,437.56M 5,221.28M 3,797.27M 3,532.85M 4,078.36M 3,738.73M 5,761.01M 3,807.58M 5,302.74M 6,204.22M 6,159.43M 6,784.69M 5,653.93M 5,072.90M 3,743.83M 4,358.87M 2,019.75M 5,626.91M 5,152.08M 5,049.34M 5,777.65M 5,938.66M 7,142.18M 6,446.26M 6,010.66M 5,713.82M 6,187.84M 6,478.00M 3,280.96M 3,446.94M 3,314.35M
Invested Capital 9,660.58M 3,841.68M 2,546.72M 2,779.26M 3,700.03M 2,603.73M 3,282.52M 3,280.95M 3,163.00M 3,831.85M 3,692.27M 3,976.03M 3,634.16M 3,411.53M 3,480.58M 3,384.70M 2,001.97M 2,048.51M 3,499.42M 3,279.13M 3,105.10M 4,169.15M 5,762.16M 5,796.98M 4,943.57M 4,347.86M 5,001.33M 5,105.33M 2,588.71M 2,512.65M 2,390.83M

Industry Cash Flow

Metric TTM 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 1995
Depreciation & Amortization 395.54M 180.00M 137.74M 141.41M 136.79M 129.48M 139.62M 174.18M 209.58M 126.30M 131.17M 173.39M 194.27M 171.33M 163.12M 156.09M 179.79M 191.45M 212.49M 236.48M 236.91M 260.15M 323.96M 319.97M 333.28M 337.82M 367.85M 341.14M 427.60M 404.96M 419.63M
Deferred Income Tax 0.00M 0.00M -0.06M -4.55M -14.15M -4.43M -2.80M -0.63M -1.87M -1.45M -1.14M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -8.56M 6.98M 0.00M
Stock-Based Compensation 31.75M 6.54M 3.56M 16.41M 12.97M 10.41M 23.00M 9.48M 27.99M 28.47M 36.09M 34.68M 31.69M 30.20M 0.64M 0.65M 0.43M 0.02M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 179.33M -40.54M -28.01M -70.24M -15.76M -15.74M -13.45M -29.69M -7.24M -21.35M -15.43M -19.02M -29.05M -40.09M -24.69M -14.35M -2.24M -10.35M -20.79M -5.47M -2.79M -18.63M -0.91M -40.37M 25.88M -31.69M -148.46M -115.98M -315.46M -190.20M -157.22M
Accounts Receivable -14.20M -10.86M -17.57M -37.91M -16.38M -5.93M -28.63M -28.48M -19.61M -25.81M -21.65M -17.31M -20.20M 0.81M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -1.66M 0.00M 0.00M
Inventory -6.78M -34.11M -29.72M -19.73M -16.31M -11.97M -12.39M -16.43M -15.34M -10.46M -15.26M -11.20M -18.21M -15.10M -17.70M -5.07M -2.72M -8.44M -4.87M -7.02M -0.55M -7.59M -17.51M -13.52M -27.76M 0.67M -64.33M -39.75M -148.58M -121.02M -23.25M
Accounts Payable 1.29M 4.03M 9.68M 17.93M 12.57M 6.41M 13.81M 3.34M 16.18M 10.32M 4.96M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 121.99M -5.50M -0.47M -5.76M 6.02M -1.42M 4.24M -2.50M 25.07M -8.33M 23.44M 27.36M -1.30M -2.51M -4.16M -2.44M -1.36M 1.89M -1.64M -0.10M -1.07M -5.30M 11.63M 26.69M 101.06M -2.91M -32.89M -23.87M -112.09M -107.79M -83.00M
Other Non-Cash Items 72.40M 37.26M 25.72M 1.28M 13.52M -4.89M 7.30M 16.94M 9.02M 4.57M 3.14M 0.61M -6.88M -9.57M -8.39M 0.30M -7.72M -1.88M -8.53M -3.80M 10.78M 9.60M 46.82M 20.85M -37.80M -8.17M -33.19M 8.76M 17.00M -32.26M -338.25M
Net Cash from Operating Activities 1,712.14M 753.77M 511.81M 435.87M 655.57M 591.58M 959.18M 914.90M 1,096.03M 758.52M 576.07M 800.99M 870.50M 1,208.07M 1,119.59M 1,047.05M 810.15M 862.91M 771.54M 576.38M 523.50M 912.55M 1,228.45M 1,106.24M 1,795.89M 1,588.22M 1,251.88M 1,450.44M 1,663.94M 1,752.67M 1,674.49M
Capital Expenditures (PPE) -245.25M -156.93M -140.67M -147.24M -152.84M -159.73M -141.55M -180.95M -154.40M -202.71M -197.32M -156.99M -160.06M -123.67M -105.92M -116.30M -90.75M -162.45M -204.27M -206.35M -200.68M -222.28M -418.51M -543.66M -484.19M -468.00M -506.12M -457.11M -686.37M -574.54M -552.99M
Acquisitions (Net) -0.07M -46.31M -20.60M -11.05M -20.03M -16.52M -31.35M -13.33M -19.04M -10.36M -98.02M -31.94M -10.26M -24.01M -20.79M -20.99M -16.26M -7.56M -18.02M 0.99M 1.42M 0.29M -1.92M -1.91M -16.67M 2.28M 9.21M -11.32M -74.50M 64.39M -122.29M
Purchases of Investments -68.68M -99.16M -155.79M -196.88M -107.76M -118.78M -110.47M -150.60M -177.01M -256.45M -216.84M -274.05M -136.38M -207.01M -467.30M -240.69M -188.22M -102.91M -275.56M -146.58M -167.22M -210.65M -327.31M -374.12M -235.84M -61.53M -312.22M -186.80M -331.21M -435.74M -573.34M
Sales / Maturities of Investments 95.06M 141.87M 159.27M 133.45M 178.25M 239.72M 187.38M 198.63M 166.84M 267.14M 215.71M 329.50M 176.29M 255.44M 226.84M 183.88M 191.97M 299.67M 225.44M 190.37M 159.78M 130.73M 855.34M 573.69M 235.76M 209.83M 135.47M 161.44M 319.50M 439.54M 466.73M
Other Investing Activities 2.25M 1.01M -4.25M 8.00M 6.06M 11.38M 9.36M 9.42M 0.65M 4.26M 7.71M 17.07M 6.14M 1.43M 2.42M 1.35M 0.34M 5.49M 1.58M -1.11M 1.93M 2.09M 14.96M 5.20M -29.49M -2.59M 35.84M 117.78M 52.78M -83.83M -22.44M
Net Cash from Investing Activities -253.82M -253.30M -170.24M -146.92M -149.21M -138.16M -110.57M -112.49M -126.32M -257.36M -404.61M -125.94M -163.72M -261.20M -119.59M -123.82M -295.91M -80.24M -54.06M -92.34M -57.58M -361.36M -292.54M -688.25M -1,232.76M -320.66M -378.76M -357.86M -594.89M -561.22M -870.49M
Net Debt Issuance -15.35M 32.88M -0.06M -28.68M -25.73M 26.26M -1.71M 0.23M 0.76M 27.45M 27.22M 9.32M 6.39M -4.22M 1.05M -4.18M 9.26M 1.74M -0.40M -3.72M -4.70M 24.99M -28.37M 269.47M 46.62M -29.27M -13.57M 12.49M 119.62M 1.95M -33.46M
Long-Term Debt Issuance -6.64M 33.21M 0.34M -39.33M -24.48M 28.12M -0.39M 3.85M 10.68M 12.17M 21.46M 7.14M 6.18M -0.37M 0.92M -2.66M 9.13M 2.50M 1.29M -0.19M -3.21M 1.68M -12.53M 238.87M 5.52M -20.68M 3.21M 13.10M 36.13M -21.47M 12.24M
Short-Term Debt Issuance -0.16M -0.03M -0.73M 0.43M -1.48M -0.19M -1.11M -0.19M -0.01M 0.00M -0.05M -0.01M 0.00M 0.00M -0.07M 0.00M 0.00M 0.00M 0.00M -0.01M -0.12M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -1.18M -10.92M -3.72M -2.68M -2.56M -2.31M -8.59M -52.31M -17.52M -4.25M -0.04M -0.16M -27.54M -0.75M -14.58M -0.26M -0.06M -16.81M -16.38M 0.01M -5.51M -1.98M -12.05M -240.59M -316.32M -135.05M -306.58M -228.76M -381.40M -228.92M -81.49M
Common Stock Issuance 0.00M 0.09M 0.08M 2.20M 1.04M 0.05M 0.35M 0.09M 0.00M 0.69M 0.58M 0.16M 0.40M 0.42M 0.64M 0.32M 0.42M 0.32M 55.13M 41.47M 34.03M 22.36M 9.71M 19.35M 70.19M 65.90M 71.40M 122.15M 196.42M 203.63M 98.92M
Common Stock Repurchased -1.18M -6.58M -4.85M -12.43M -6.23M -1.83M -8.77M -9.95M -17.27M -4.45M -0.05M -0.19M -67.75M -0.75M -14.63M -1.15M -0.06M -45.90M -30.09M -28.08M -8.67M -2.63M -64.66M -377.33M -428.19M -262.66M -386.47M -263.07M -526.93M -341.77M -146.33M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -381.17M -133.44M -129.37M -108.75M -132.12M -126.40M -106.75M -125.72M -151.89M -123.35M -428.65M -406.53M -315.39M -76.03M -93.04M -76.87M -80.45M -76.73M -72.47M -146.27M -123.19M -366.30M -446.38M -597.10M -572.04M -440.52M -434.24M -303.39M -671.00M -638.11M -610.70M
Common Dividends Paid -379.51M -133.44M -129.31M -107.78M -131.05M -126.81M -107.61M -125.62M -121.76M -123.11M -428.59M -406.28M -316.13M -75.83M -93.14M -76.81M -40.93M -70.62M -65.29M -39.57M -32.80M -206.05M -367.23M -456.14M -486.36M -301.04M -393.24M -303.39M -464.55M -404.20M -353.34M
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
Other Financing Activities -25.26M -17.36M -10.45M -12.68M -11.54M -14.98M -6.42M -11.68M -2.05M -2.41M 3.11M 11.67M 5.32M 5.38M -0.71M 2.82M -1.31M 1.96M -0.46M -1.86M -0.31M 2.10M -1.53M 1.28M 0.37M -5.48M -0.41M 9.05M -19.01M -11.28M -4.87M
Net Cash from Financing Activities -584.49M -161.41M -119.15M -248.28M -309.77M -166.79M -131.54M -307.62M -249.65M -207.25M -164.04M -184.07M -263.07M -84.94M -139.89M -282.48M -74.26M -301.35M -218.58M -199.97M -449.12M -137.79M -561.02M -467.02M -301.16M -863.42M -609.54M -493.03M -1,090.61M -965.81M -710.54M
Effect of FX on Cash -0.33M -8.58M 1.24M -2.87M -1.24M 0.04M -0.09M -4.06M -0.36M -2.50M -12.98M -0.25M 0.35M -0.08M -0.81M -0.15M 0.22M -6.08M 0.75M 0.84M -0.03M 0.43M 0.00M -1.35M 0.59M -8.06M 2.89M 0.22M -24.85M -6.36M 2.40M
Net Change in Cash 283.16M 29.52M 61.81M -8.67M 34.81M 49.17M 9.61M 20.34M 13.71M 6.15M 17.52M 21.68M 27.42M 8.20M 8.33M 34.28M 13.33M 17.28M 7.99M -12.71M 74.09M 69.48M 5.57M -160.10M 43.16M 158.07M 71.16M -61.36M -50.58M 127.21M 73.61M
Cash at Beginning of Period 850.38M 820.93M 612.69M 645.64M 618.73M 553.91M 524.40M 612.65M 659.42M 664.11M 796.91M 574.18M 529.83M 633.57M 540.11M 505.17M 450.94M 478.71M 407.92M 595.58M 586.13M 414.12M 640.19M 747.94M 978.81M 933.70M 768.90M 667.21M 971.25M 703.02M 709.14M
Cash at End of Period 2,078.38M 786.31M 798.41M 646.62M 678.67M 629.47M 601.20M 535.71M 617.14M 676.72M 698.79M 865.49M 618.70M 521.48M 646.61M 540.90M 505.71M 537.86M 472.01M 526.42M 731.62M 636.09M 674.70M 673.33M 1,072.80M 1,037.91M 976.86M 766.64M 944.10M 804.23M 703.07M
Operating Cash Flow 1,711.63M 753.77M 511.46M 438.61M 657.60M 591.46M 959.18M 914.90M 1,095.78M 758.43M 576.07M 800.99M 870.50M 1,208.07M 1,119.59M 1,047.05M 810.15M 862.91M 771.54M 576.38M 523.50M 912.55M 1,228.45M 1,103.73M 1,795.89M 1,588.22M 1,251.88M 1,450.44M 1,663.94M 1,752.67M 1,674.49M
Capital Expenditure -185.78M -162.23M -146.33M -138.80M -149.50M -147.62M -139.13M -180.38M -152.07M -174.62M -192.25M -156.35M -159.46M -120.30M -105.56M -116.08M -88.45M -159.87M -202.70M -205.58M -202.09M -219.39M -418.51M -543.66M -484.19M -468.00M -506.12M -457.11M -686.37M -574.54M -552.99M
Free Cash Flow 1,411.82M 597.00M 299.86M 320.44M 509.80M 486.12M 631.55M 606.14M 793.97M 455.93M 283.36M 650.70M 687.76M 721.52M 929.47M 933.47M 663.33M 528.50M 569.63M 371.42M 307.99M 637.97M 789.08M 574.44M 1,269.97M 916.25M 577.74M 617.84M 1,015.92M 1,159.38M 1,116.85M

Industry Free Cash Flow

Metric TTM 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 1995
EBITDA 1,559.85M 816.79M 486.65M 528.40M 747.37M 584.91M 1,594.58M 1,333.76M 1,247.10M 1,210.52M 774.25M 939.36M 1,105.09M 881.17M 1,194.17M 1,409.04M 1,352.89M 702.28M 1,089.14M 886.28M 1,177.95M 1,229.66M 1,731.80M 1,580.39M 1,892.05M 2,309.41M 2,455.93M 2,243.18M 1,481.12M 1,525.72M 1,424.47M
(-) Tax Adjustment 331.45M 166.64M 94.01M 95.46M 93.12M 144.11M 164.34M 168.41M 162.77M 230.44M 148.12M 145.72M 147.90M 168.15M 168.76M 454.58M 256.72M 213.91M 208.09M 233.26M 317.89M 445.36M 453.29M 494.38M 489.33M 631.30M 697.61M 624.29M 447.18M 442.43M 423.95M
(-) Change In Working Capital 179.33M -40.54M -28.01M -70.24M -15.76M -15.74M -13.45M -29.69M -7.24M -21.35M -15.43M -19.02M -29.05M -40.09M -24.69M -14.35M -2.24M -10.35M -20.79M -5.47M -2.79M -18.63M -0.91M -40.37M 25.88M -31.69M -148.46M -115.98M -315.46M -190.20M -157.22M
(-) Capital Expenditure 185.78M 162.23M 146.33M 138.80M 149.50M 147.62M 139.13M 180.38M 152.07M 174.62M 192.25M 156.35M 159.46M 120.30M 105.56M 116.08M 88.45M 159.87M 202.70M 205.58M 202.09M 219.39M 418.51M 543.66M 484.19M 468.00M 506.12M 457.11M 686.37M 574.54M 552.99M
Unlevered Free Cash Flow 863.30M 528.45M 274.32M 364.38M 520.50M 308.92M 1,304.56M 1,014.67M 939.50M 826.80M 449.30M 656.31M 826.78M 632.81M 944.56M 852.72M 1,009.96M 338.85M 699.14M 452.91M 660.75M 583.53M 860.91M 582.72M 892.64M 1,241.79M 1,400.65M 1,277.75M 663.02M 698.95M 604.76M
(-) Net Interest Income After Taxes -63.80M -33.41M -13.83M -16.99M -35.02M -13.39M -33.53M -34.71M -35.34M -28.38M -26.96M -35.90M -36.20M -28.70M -23.08M -12.79M -2.11M -12.65M -0.17M -0.20M -0.30M -0.64M -0.84M -0.41M -0.41M -0.37M -0.25M -0.33M -0.26M -0.18M -0.16M
Net Debt Issuance -15.35M 32.88M -0.06M -28.68M -25.73M 26.26M -1.71M 0.23M 0.76M 27.45M 27.22M 9.32M 6.39M -4.22M 1.05M -4.18M 9.26M 1.74M -0.40M -3.72M -4.70M 24.99M -28.37M 269.47M 46.62M -29.27M -13.57M 12.49M 119.62M 1.95M -33.46M
Levered Free Cash Flow 911.75M 594.75M 288.09M 352.68M 529.79M 348.56M 1,336.37M 1,049.60M 975.60M 882.63M 503.48M 701.53M 869.38M 657.29M 968.69M 861.33M 1,021.33M 353.24M 698.90M 449.39M 656.34M 609.16M 833.37M 852.60M 939.66M 1,212.89M 1,387.34M 1,290.57M 782.90M 701.08M 571.47M