Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Periods / Units / Analysis

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Ticker

Industry

Sector

Page: Industry Financials

0RP4.L

Industry Analysis

Master Data Export

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 165.43 125.72 101.16 90.26 97.01 91.40 80.63 66.76 80.10 73.53 65.16 64.14 59.27 48.47 43.36 73.82 50.07 50.08 95.24 70.38 58.63 56.23 46.13 48.12 94.31 62.53 46.30 39.05 46.14 24.74 20.37
Market Capitalization 16,479.45M 4,034.57M 3,522.34M 3,165.17M 3,769.57M 2,817.69M 3,092.48M 2,722.94M 2,945.02M 2,754.17M 2,097.30M 2,047.97M 2,056.40M 1,737.60M 863.37M 1,155.15M 828.59M 580.88M 1,064.02M 1,018.38M 900.15M 585.29M 712.55M 620.42M 6,592.16M 4,266.21M 3,065.66M 2,860.10M 3,599.29M 2,305.99M 1,778.58M
(-) Cash & Equivalents 543.00M 383.41M 337.89M 267.84M 308.41M 322.97M 227.14M 195.03M 212.77M 202.72M 162.62M 203.51M 188.81M 187.36M 163.20M 155.80M 146.43M 64.02M 110.81M 74.53M 73.05M 120.24M 79.54M 77.80M 284.98M 289.86M 252.16M 169.62M 145.75M 20.27M 11.73M
(+) Total Debt 1,546.72M 735.51M 761.76M 563.29M 676.87M 553.44M 439.80M 368.30M 341.33M 296.11M 225.79M 193.21M 196.20M 103.74M 109.69M 91.78M 67.91M 62.15M 92.67M 108.05M 77.50M 63.92M 85.90M 95.99M 2,564.51M 1,391.66M 1,313.44M 1,275.50M 1,119.41M 1,197.47M 528.33M
Enterprise Value 17,542,572,894.27 3,855,784,853.81 4,155,355,562.91 3,719,458,810.49 4,169,286,352.84 3,260,729,297.67 3,473,795,022.88 3,034,155,262.15 3,159,485,666.64 2,926,626,346.52 2,368,445,386.11 2,593,521,566.99 2,511,786,752.52 1,960,946,181.68 947,689,193.09 1,151,209,065.76 787,872,165.70 525,362,762.95 994,128,837.57 997,845,738.82 913,574,009.38 529,406,733.83 755,996,950.83 689,614,090.03 8,871,686,422.66 5,368,006,415.33 4,126,935,884.75 3,965,977,901.75 4,572,951,350.90 3,483,187,627.33 2,295,182,054.00

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 3,804.76M 2,338.12M 1,990.76M 1,810.77M 1,691.25M 1,418.75M 1,546.35M 1,483.67M 1,464.93M 1,299.30M 1,237.85M 1,248.82M 1,400.24M 1,685.88M 1,039.56M 1,141.20M 868.81M 1,028.93M 1,052.32M 917.50M 900.72M 847.27M 1,106.77M 1,061.70M 5,888.31M 4,182.93M 4,148.25M 3,763.30M 3,816.32M 3,227.03M 2,749.77M
Cost of Revenue 2,449.15M 1,374.97M 1,278.10M 1,201.86M 1,108.56M 967.31M 1,033.57M 998.80M 941.56M 815.14M 748.66M 679.39M 828.63M 914.33M 584.94M 601.28M 497.40M 592.95M 551.23M 475.14M 462.38M 382.69M 572.56M 545.49M 4,841.12M 3,091.91M 3,134.12M 2,834.24M 2,825.35M 2,212.07M 1,910.73M
Gross Profit 1,355.61M 963.15M 712.66M 608.91M 582.69M 451.44M 512.78M 484.87M 523.37M 484.16M 489.19M 569.43M 571.60M 771.55M 454.62M 539.92M 371.41M 435.98M 501.08M 442.36M 438.33M 464.58M 534.22M 516.22M 1,047.19M 1,091.02M 1,014.13M 929.06M 990.97M 1,014.97M 839.03M
Gross Margin 35.6% 41.2% 35.8% 33.6% 34.5% 31.8% 33.2% 32.7% 35.7% 37.3% 39.5% 45.6% 40.8% 45.8% 43.7% 47.3% 42.7% 42.4% 47.6% 48.2% 48.7% 54.8% 48.3% 48.6% 17.8% 26.1% 24.4% 24.7% 26.0% 31.5% 30.5%
R&D Expenses 41.22M 33.63M 36.19M 31.40M 40.82M 22.23M 31.85M 21.23M 20.55M 18.47M 17.61M 25.32M 20.67M 13.70M 2.55M 2.51M 2.98M 2.07M 0.50M 0.34M 0.30M 0.13M 0.00M 0.00M 0.00M 0.00M 0.00M 14.37M 0.00M 0.00M 0.00M
SG&A Expenses 538.09M 249.96M 213.07M 149.17M 118.01M 122.84M 138.61M 165.03M 136.51M 122.24M 93.05M 124.63M 205.42M 248.99M 74.11M 172.82M 71.62M 57.63M 43.74M 33.98M 55.43M 56.17M 53.06M 51.88M 551.82M 474.98M 482.70M 488.73M 479.00M 606.77M 510.13M
Operating Expenses 579.32M 283.59M 249.26M 180.57M 158.83M 145.07M 170.46M 186.25M 157.06M 140.70M 110.66M 149.96M 226.08M 262.69M 76.66M 175.34M 74.60M 59.70M 44.24M 34.32M 55.72M 56.30M 53.06M 51.88M 551.82M 474.98M 482.70M 503.10M 479.00M 606.77M 510.13M
Operating Income 776.30M 679.56M 463.41M 428.34M 423.85M 306.37M 342.32M 298.62M 366.31M 343.46M 378.53M 419.47M 345.52M 508.86M 377.96M 364.58M 296.81M 376.28M 456.85M 408.04M 382.61M 408.28M 481.16M 464.33M 495.38M 616.04M 531.43M 425.96M 511.97M 408.20M 328.90M
Operating Margin 20.4% 29.1% 23.3% 23.7% 25.1% 21.6% 22.1% 20.1% 25.0% 26.4% 30.6% 33.6% 24.7% 30.2% 36.4% 31.9% 34.2% 36.6% 43.4% 44.5% 42.5% 48.2% 43.5% 43.7% 8.4% 14.7% 12.8% 11.3% 13.4% 12.6% 12.0%
Interest Income 4.46M 5.35M 3.16M 3.65M 1.94M 2.03M 1.77M 2.86M 2.02M 2.19M 0.81M 1.23M 1.23M 1.25M 1.81M 2.04M 2.01M 4.61M 2.96M 1.52M 0.89M 3.12M 1.77M 1.13M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Interest Expense 49.57M 31.61M 26.05M 16.81M 17.88M 17.06M 17.60M 6.37M 7.02M 4.10M 5.30M 4.83M 6.01M 6.28M 14.87M 13.89M 13.64M 12.95M 5.80M 3.68M 7.13M 3.99M 3.52M 4.11M 11.42M 12.52M 5.02M 10.82M 21.60M 0.00M 0.00M
Net Interest Income -45.11M -26.26M -22.89M -13.17M -15.94M -15.04M -15.83M -3.51M -5.00M -1.91M -4.49M -3.60M -4.77M -5.03M -13.06M -11.85M -11.62M -8.34M -2.84M -2.16M -6.24M -0.88M -1.74M -2.98M -11.42M -12.52M -5.02M -10.82M -21.60M 0.00M 0.00M
Other Income / Expense -353.04M -425.79M -247.85M -255.46M -248.37M -204.20M -194.05M -154.02M -235.89M -227.84M -278.26M -311.23M -223.13M -380.95M -301.05M -286.39M -254.49M -322.88M -357.27M -352.42M -332.70M -382.12M -446.39M -405.87M -126.41M -175.19M -186.66M -257.24M -184.30M -209.13M -131.40M
Pre-Tax Income 378.15M 227.50M 192.67M 159.71M 159.54M 87.13M 132.44M 141.09M 125.42M 113.71M 95.78M 104.64M 117.62M 122.88M 63.86M 66.34M 30.70M 45.05M 96.74M 53.46M 43.68M 25.28M 33.03M 55.49M 357.55M 428.34M 339.75M 157.90M 306.06M 199.07M 197.50M
Pre-Tax Margin 9.9% 9.7% 9.7% 8.8% 9.4% 6.1% 8.6% 9.5% 8.6% 8.8% 7.7% 8.4% 8.4% 7.3% 6.1% 5.8% 3.5% 4.4% 9.2% 5.8% 4.8% 3.0% 3.0% 5.2% 6.1% 10.2% 8.2% 4.2% 8.0% 6.2% 7.2%
Income Tax Expense 88.95M 46.39M 35.93M 34.50M 27.56M 18.20M 28.62M 27.85M 30.77M 39.45M 30.83M 31.45M 43.03M 34.29M 19.95M 20.05M 11.18M 17.25M 33.82M 18.93M 16.35M 26.06M 13.65M 13.51M 126.93M 150.49M 120.97M 59.18M 110.62M 76.20M 74.57M
Tax Rate 23.5% 20.4% 18.6% 21.6% 17.3% 20.9% 21.6% 19.7% 24.5% 34.7% 32.2% 30.1% 35.0% 27.9% 31.2% 30.2% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 24.3% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%
Net Income 289.20M 181.11M 156.74M 125.21M 131.99M 68.94M 103.82M 113.24M 94.65M 74.25M 64.95M 73.20M 74.59M 88.58M 43.91M 46.29M 19.53M 27.80M 62.92M 34.53M 27.33M -0.77M 19.38M 41.98M 230.61M 277.84M 218.78M 98.72M 195.44M 122.87M 122.93M
Net Margin 7.6% 7.7% 7.9% 6.9% 7.8% 4.9% 6.7% 7.6% 6.5% 5.7% 5.2% 5.9% 5.3% 5.3% 4.2% 4.1% 2.2% 2.7% 6.0% 3.8% 3.0% -0.1% 1.8% 4.0% 3.9% 6.6% 5.3% 2.6% 5.1% 3.8% 4.5%
EBIT 776.30M 679.56M 463.41M 428.34M 423.85M 306.37M 342.32M 298.62M 366.31M 343.46M 378.53M 419.47M 345.52M 508.86M 377.96M 364.58M 296.81M 376.28M 456.85M 408.04M 382.61M 408.28M 481.16M 464.33M 495.38M 616.04M 531.43M 425.96M 511.97M 408.20M 328.90M
Depreciation & Amortization 158.97M 72.84M 55.84M 56.40M 54.50M 55.62M 56.70M 44.46M 44.48M 43.34M 45.53M 41.20M 49.85M 50.90M 28.29M 37.38M 36.55M 29.60M 28.97M 26.08M 25.66M 29.60M 36.28M 33.69M 215.75M 141.16M 139.89M 132.77M 137.15M 133.87M 104.97M
EBITDA 935.26M 752.39M 519.24M 484.74M 478.35M 361.99M 399.02M 343.08M 410.79M 386.80M 424.06M 460.67M 395.37M 559.76M 406.25M 401.97M 333.37M 405.88M 485.81M 434.12M 408.27M 437.88M 517.44M 498.02M 711.13M 757.20M 671.31M 558.73M 649.13M 542.07M 433.87M
EBITDA Margin 24.6% 32.2% 26.1% 26.8% 28.3% 25.5% 25.8% 23.1% 28.0% 29.8% 34.3% 36.9% 28.2% 33.2% 39.1% 35.2% 38.4% 39.4% 46.2% 47.3% 45.3% 51.7% 46.8% 46.9% 12.1% 18.1% 16.2% 14.8% 17.0% 16.8% 15.8%
NOPAT 593.69M 540.98M 376.99M 335.80M 350.64M 242.39M 268.35M 239.67M 276.44M 224.29M 256.68M 293.42M 224.59M 366.85M 259.88M 254.38M 192.93M 244.58M 297.12M 265.23M 248.70M 265.38M 312.75M 351.30M 322.00M 400.42M 345.43M 276.87M 332.78M 265.33M 213.79M
NOPAT Margin 15.6% 23.1% 18.9% 18.5% 20.7% 17.1% 17.4% 16.2% 18.9% 17.3% 20.7% 23.5% 16.0% 21.8% 25.0% 22.3% 22.2% 23.8% 28.2% 28.9% 27.6% 31.3% 28.3% 33.1% 5.5% 9.6% 8.3% 7.4% 8.7% 8.2% 7.8%
Owner's Earnings 448.16M 253.94M 212.58M 181.61M 186.49M 124.55M 160.52M 157.69M 139.13M 117.60M 110.48M 114.40M 124.45M 139.49M 72.19M 83.67M 56.08M 57.41M 91.88M 60.61M 52.99M 28.83M 55.66M 75.67M 446.36M 419.00M 358.66M 231.49M 332.60M 256.73M 227.90M
Owner's Earnings Margin 11.8% 10.9% 10.7% 10.0% 11.0% 8.8% 10.4% 10.6% 9.5% 9.1% 8.9% 9.2% 8.9% 8.3% 6.9% 7.3% 6.5% 5.6% 8.7% 6.6% 5.9% 3.4% 5.0% 7.1% 7.6% 10.0% 8.6% 6.2% 8.7% 8.0% 8.3%
EPS 4.78 4.03 3.60 2.99 3.11 1.65 2.56 2.78 2.49 1.99 1.94 2.11 2.17 1.88 1.71 1.79 0.83 1.33 2.97 1.65 1.25 -0.04 0.79 1.70 2.70 3.49 2.75 1.24 2.54 1.48 1.59
EPS (Diluted) 4.78 4.03 3.60 2.99 3.11 1.65 2.56 2.78 2.49 1.99 1.94 2.11 2.17 1.88 1.71 1.79 0.83 1.33 2.97 1.65 1.25 -0.04 0.79 1.70 2.70 3.49 2.75 1.24 2.54 1.48 1.59
Shares (Diluted) 60.50M 44.98M 43.54M 41.89M 42.40M 41.66M 40.60M 40.71M 37.97M 37.31M 33.47M 34.62M 34.44M 47.05M 25.73M 25.91M 23.54M 20.92M 21.20M 20.95M 21.90M 22.05M 24.62M 24.65M 85.29M 79.60M 79.62M 79.58M 76.82M 82.99M 77.38M

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 543.00M 383.41M 337.89M 267.84M 308.41M 322.97M 227.14M 195.03M 212.77M 202.72M 162.62M 203.51M 188.81M 193.69M 163.20M 155.80M 146.43M 64.02M 110.81M 74.53M 73.05M 120.24M 79.54M 77.80M 284.98M 289.86M 252.16M 169.62M 145.75M 20.27M 11.73M
Short-Term Investments 13.15M 22.04M 25.91M 13.72M 11.95M 10.41M 15.22M 14.52M 18.66M 32.18M 22.78M 5.96M 9.64M 18.14M 0.26M 1.63M 1.46M 1.80M 33.16M 11.99M 0.77M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 556.16M 405.45M 363.81M 281.56M 320.36M 333.38M 242.36M 209.55M 231.43M 234.89M 185.40M 209.46M 198.45M 211.83M 163.46M 157.44M 147.89M 65.82M 143.97M 86.52M 73.81M 120.24M 79.54M 77.80M 284.98M 289.86M 252.16M 169.62M 145.75M 20.27M 11.73M
Net Receivables 1,014.18M 513.05M 374.86M 349.50M 302.81M 257.66M 279.54M 320.90M 290.10M 260.54M 232.07M 269.48M 278.61M 248.09M 190.33M 192.62M 164.09M 169.96M 158.38M 162.32M 165.70M 220.13M 124.09M 133.36M 913.28M 626.45M 1,147.05M 980.17M 792.62M 675.87M 607.77M
Inventory 559.89M 437.15M 377.04M 338.19M 279.94M 215.93M 225.26M 231.21M 204.10M 199.54M 167.32M 193.99M 175.22M 169.34M 160.49M 160.94M 136.68M 156.94M 143.63M 141.83M 142.23M 166.04M 187.42M 168.94M 1,184.17M 925.94M 964.55M 915.18M 884.89M 447.93M 349.33M
Other Current Assets 150.16M 38.98M 46.82M 34.53M 11.12M 18.74M 29.65M 24.19M 31.16M 18.48M 16.11M 27.02M 32.55M 53.97M 47.48M 33.21M 31.19M 28.77M 9.70M 8.18M 5.95M 3.15M 119.71M 95.16M 1,399.80M 917.14M 44.85M 61.88M 59.10M 77.13M 53.03M
Total Current Assets 2,280.39M 1,394.63M 1,162.54M 1,003.78M 914.22M 825.71M 776.81M 785.86M 756.79M 713.45M 600.91M 699.95M 684.83M 683.23M 561.76M 544.21M 479.85M 421.50M 455.68M 398.85M 387.69M 509.56M 510.77M 475.25M 3,782.23M 2,759.39M 2,408.61M 2,126.84M 1,882.36M 1,221.20M 1,021.87M
Property, Plant & Equipment 1,125.23M 396.22M 332.10M 312.13M 284.91M 285.23M 307.85M 278.87M 253.45M 237.69M 200.67M 257.21M 249.68M 234.48M 161.38M 188.61M 168.34M 160.04M 163.85M 145.54M 142.21M 180.17M 198.94M 198.31M 1,034.50M 582.17M 700.11M 597.59M 569.83M 555.37M 473.47M
Goodwill 2,408.59M 595.93M 309.60M 299.87M 299.81M 268.49M 342.28M 293.36M 281.64M 228.14M 203.22M 229.72M 201.63M 160.83M 115.58M 181.78M 81.73M 21.72M 41.67M 38.82M 30.20M 16.32M 2.63M 1.79M 82.80M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 852.56M 310.23M 250.95M 211.94M 182.30M 174.49M 161.59M 143.06M 88.38M 72.99M 66.09M 68.74M 62.80M 55.63M 68.22M 63.62M 57.71M 45.77M 19.70M 18.69M 24.21M 27.15M 63.87M 85.00M 2,492.04M 1,217.41M 1,002.30M 1,113.33M 1,448.92M 1,546.70M 633.17M
Long-Term Investments 122.67M 41.32M 22.05M 29.98M 29.85M 27.86M 21.32M 14.34M 9.66M 6.02M 4.12M 2.42M 3.09M 2.34M 0.79M 0.23M 0.25M 1.19M 0.29M 0.00M 0.04M 0.00M 0.00M 0.00M -86.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 19.52M 30.49M 10.83M 21.40M 16.59M 20.00M 17.14M 20.23M 17.53M 20.00M 17.47M 7.36M 5.34M 6.77M 6.09M 11.45M 8.03M 5.70M 5.18M 2.59M 4.88M 3.94M 3.68M 3.53M 93.42M 6.18M 6.75M 2.40M 2.95M 2.33M 1.60M
Other Non-Current Assets 536.17M 100.82M 78.74M 61.48M 72.42M 57.31M 61.60M 35.51M 36.85M 30.92M 52.61M 66.10M 59.48M 28.89M 49.49M 59.69M 39.34M 38.92M 57.59M 57.20M 60.44M 83.69M 53.47M 41.46M 1,050.37M 475.76M 485.04M 308.68M 306.69M 353.00M 171.50M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 2.53M 1.14M 0.08M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 5,064.74M 1,475.01M 1,004.27M 936.79M 885.88M 833.37M 911.78M 787.90M 688.64M 595.84M 544.18M 631.55M 582.03M 488.94M 401.55M 505.38M 355.40M 273.35M 288.29M 262.83M 261.98M 311.27M 322.58M 330.08M 4,667.12M 2,281.51M 2,194.20M 2,022.00M 2,328.40M 2,457.40M 1,279.73M
Total Assets 7,345.13M 2,869.64M 2,166.81M 1,940.57M 1,800.11M 1,659.08M 1,688.60M 1,573.76M 1,445.43M 1,309.29M 1,145.08M 1,331.50M 1,266.86M 1,172.17M 963.31M 1,049.59M 835.25M 694.85M 743.97M 661.69M 649.67M 820.83M 833.35M 805.33M 8,449.35M 5,040.90M 4,602.82M 4,148.85M 4,210.75M 3,678.60M 2,301.60M
Accounts Payable 370.56M 196.45M 134.17M 150.55M 174.89M 134.57M 145.65M 150.14M 121.98M 107.44M 103.10M 112.69M 113.59M 110.80M 79.86M 103.56M 81.74M 69.93M 79.33M 89.50M 80.95M 95.55M 87.78M 85.10M 772.48M 600.07M 533.28M 461.31M 427.37M 192.23M 149.87M
Short-Term Debt 148.48M 65.92M 55.31M 65.20M 39.57M 79.68M 62.89M 33.50M 18.90M 15.27M 13.65M 19.38M 20.60M 12.88M 11.08M 17.22M 9.63M 5.75M 15.43M 17.22M 16.58M 12.91M 12.27M 16.74M 430.75M 270.54M 347.21M 373.66M 268.31M 151.73M 78.97M
Tax Payables 0.00M 8.98M 12.89M 12.55M 13.32M 9.77M 10.73M 10.32M 13.25M 7.35M 5.40M 4.38M 3.79M 3.56M 3.54M 4.75M 2.06M 2.45M 5.53M 6.32M 2.21M 1.87M 1.11M 1.65M 34.25M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 37.91M 81.13M 37.98M 89.49M 102.15M 83.33M 78.56M 48.04M 69.37M 27.20M 20.10M 12.20M 14.29M 25.24M 8.15M 5.15M 3.84M 5.65M 5.18M 0.50M 5.50M 0.00M 0.00M 0.00M 94.73M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 638.53M 172.76M 223.77M 160.25M 155.55M 129.80M 186.37M 218.67M 148.00M 177.28M 138.50M 139.41M 158.16M 144.59M 101.35M 162.77M 124.54M 137.38M 86.77M 103.59M 70.88M 138.46M 151.19M 140.73M 1,017.84M 939.35M 791.75M 597.87M 640.22M 644.60M 463.37M
Total Current Liabilities 1,195.48M 525.24M 464.11M 478.04M 485.48M 437.14M 484.19M 460.66M 371.50M 334.54M 280.76M 288.06M 310.42M 297.07M 203.98M 293.45M 221.81M 221.16M 192.23M 217.13M 176.12M 248.80M 252.34M 244.22M 2,350.06M 1,809.96M 1,672.24M 1,432.84M 1,335.90M 988.57M 692.20M
Long-Term Debt 1,216.94M 727.37M 647.16M 547.39M 483.87M 458.41M 428.21M 344.76M 259.17M 224.01M 156.74M 187.49M 187.00M 219.08M 85.68M 62.10M 15.97M 54.29M 46.09M 53.83M 66.44M 49.94M 75.49M 79.25M 2,133.71M 1,121.11M 966.22M 901.84M 851.10M 1,045.73M 449.37M
Capital Lease Obligations 15.29M 54.54M 40.31M 27.11M 27.51M 28.81M 28.26M 2.59M 1.22M 1.05M 0.56M 0.58M 0.23M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 123.83M 25.82M 25.42M 38.53M 34.29M 13.28M 19.46M 19.25M 17.57M 17.86M 10.42M 11.86M 8.51M 8.81M 13.45M 16.01M 17.16M 11.60M 3.69M 3.81M 9.87M 8.82M 8.64M 7.85M 173.43M 75.18M 22.75M 31.27M 32.27M 22.67M 11.93M
Other Non-Current Liabilities 486.82M 171.31M 89.76M 59.08M 115.06M 174.08M 124.04M 119.89M 118.82M 118.74M 74.76M 93.80M 74.72M 32.15M 111.63M 162.85M 116.38M 91.53M 31.80M 29.98M 36.63M 68.94M 87.26M 96.63M 780.73M 414.24M 484.87M 505.57M 515.63M 625.77M 404.20M
Total Non-Current Liabilities 1,842.89M 979.03M 802.65M 672.11M 660.74M 674.58M 599.96M 486.49M 396.77M 361.66M 242.47M 293.74M 270.47M 260.04M 210.76M 240.95M 149.51M 157.42M 81.59M 87.62M 112.94M 127.69M 171.40M 183.73M 3,087.87M 1,610.53M 1,473.84M 1,438.68M 1,399.00M 1,694.17M 865.50M
Total Liabilities 3,038.36M 1,504.27M 1,266.75M 1,150.15M 1,146.21M 1,111.72M 1,084.15M 947.15M 768.27M 696.19M 523.23M 581.79M 580.89M 557.11M 414.74M 534.40M 371.32M 378.58M 273.82M 304.75M 289.06M 376.49M 423.74M 427.96M 5,437.93M 3,420.49M 3,146.08M 2,871.52M 2,734.90M 2,682.73M 1,557.70M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 13.18M 4.96M 0.44M 1.63M 0.00M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 124.13M 37.51M 36.00M 37.43M 4.23M 0.00M 0.00M
Common Stock 17.27M 20.71M 12.02M 12.06M 18.76M 18.61M 18.54M 18.49M 17.90M 18.39M 24.13M 26.28M 27.30M 26.94M 21.87M 36.53M 27.47M 25.16M 26.46M 27.00M 29.06M 31.20M 30.70M 31.72M 1,129.48M 316.73M 273.70M 16.70M 16.65M 22.03M 14.57M
Retained Earnings 3,326.48M 1,224.09M 891.87M 791.83M 723.73M 657.34M 684.73M 590.72M 489.02M 424.07M 365.66M 324.66M 333.21M 277.77M 92.89M 96.52M 260.25M 82.94M 310.78M 243.61M 213.99M 43.21M 58.36M 44.14M 1,270.36M 1,246.80M 1,028.17M 878.74M 848.00M 726.97M 646.70M
Accumulated OCI -70.97M -72.71M -60.40M -66.08M -55.43M -55.81M -40.65M -60.21M -84.42M -100.11M -81.24M -71.42M -53.03M -45.48M -58.29M -59.85M -34.15M 0.00M 0.00M 0.00M -0.21M -1.12M 0.00M 0.00M 7.54M -20.87M 38.76M 21.39M 13.35M -9.40M -7.33M
Minority Interest 85.60M 10.48M 5.71M 3.20M 3.48M 6.49M 6.72M 8.76M 6.66M 4.47M 2.57M 2.71M 3.49M 4.63M 0.78M 1.69M 1.06M 1.25M 0.27M 0.22M 0.13M 0.22M 0.87M 1.25M 30.50M 0.00M 0.00M 0.00M 0.53M 0.63M 0.60M
Total Shareholders’ Equity 3,272.77M 1,172.09M 843.49M 737.81M 687.07M 620.14M 662.63M 562.18M 427.46M 342.79M 310.18M 279.52M 307.50M 259.23M 56.47M 73.20M 253.57M 108.10M 337.24M 270.61M 242.84M 73.28M 89.06M 75.86M 2,531.51M 1,580.17M 1,376.63M 954.26M 882.23M 739.60M 653.93M
Total Equity 3,358.38M 1,182.57M 849.20M 741.01M 690.55M 626.63M 669.35M 570.93M 434.11M 347.25M 312.75M 282.23M 311.00M 263.86M 57.24M 74.89M 254.63M 109.35M 337.50M 270.83M 242.97M 73.50M 89.93M 77.12M 2,562.01M 1,580.17M 1,376.63M 954.26M 882.76M 740.23M 654.53M
Total Liabilities & Equity 6,396.74M 2,686.84M 2,115.95M 1,891.16M 1,836.76M 1,738.35M 1,753.50M 1,518.09M 1,202.39M 1,043.45M 835.98M 864.02M 891.89M 820.97M 471.98M 609.29M 625.95M 487.93M 611.32M 575.58M 532.03M 449.99M 513.67M 505.07M 7,999.94M 5,000.66M 4,522.71M 3,825.79M 3,617.66M 3,422.97M 2,212.23M
Tangible Assets 4,083.98M 1,963.47M 1,606.25M 1,428.76M 1,318.00M 1,216.10M 1,184.73M 1,137.34M 1,075.41M 1,008.16M 875.77M 1,033.04M 1,002.43M 955.71M 779.51M 804.18M 695.80M 627.36M 682.60M 604.19M 595.26M 777.36M 766.86M 718.55M 5,874.51M 3,823.49M 3,600.52M 3,035.52M 2,761.83M 2,131.90M 1,668.43M
Tangible Equity 97.23M 276.40M 288.64M 229.20M 208.44M 183.65M 165.48M 134.51M 64.09M 46.12M 43.44M -16.23M 46.56M 47.40M -126.56M -170.51M 115.19M 41.85M 276.13M 213.33M 188.56M 30.03M 23.43M -9.67M -12.83M 362.76M 374.33M -159.06M -566.16M -806.47M 21.37M
Tangible Book Value 97,233,678.21 276,402,166.06 288,644,150.96 229,200,953.34 208,443,004.14 183,653,874.38 165,480,958.69 134,511,696.15 64,091,316.46 46,123,873.75 43,437,473.87 -16,227,562.36 46,564,352.03 47,400,100.04 -126,555,696.95 -170,513,371.54 115,186,595.82 41,852,707.55 276,134,815.20 213,326,664.55 188,560,560.46 30,027,572.96 23,433,328.11 -9,665,479.55 -12,833,332.10 362,756,552.12 374,326,253.72 -159,062,983.58 -566,162,988.62 -806,466,666.67 21,366,666.67
Total Investments 135.83M 63.92M 61.51M 35.01M 39.89M 38.88M 26.48M 19.56M 18.23M 18.38M 5.98M 4.07M 3.82M 6.22M 4.45M 3.37M 7.25M 10.08M 4.62M 1.73M 4.30M 4.88M 6.37M 5.25M -86.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Debt 822.42M 409.88M 364.57M 344.76M 215.03M 215.12M 263.95M 183.23M 65.29M 36.57M 7.76M 3.37M 18.79M 38.26M -66.44M -76.49M -120.83M -3.98M -49.29M -3.48M 9.98M -57.39M 8.22M 18.19M 2,279.48M 1,101.80M 1,061.27M 1,105.88M 973.66M 1,177.20M 516.60M

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 930.45M 677.82M 689.88M 495.02M 363.55M 436.89M 354.68M 347.54M 356.31M 322.74M 367.47M 322.79M 319.38M 325.42M 317.05M 260.45M 190.07M 228.59M 252.92M 200.44M 238.89M 265.17M 277.23M 272.40M 1,065.82M 978.66M 736.37M 694.00M 546.46M 232.63M 329.67M
Total Capital 5,865.01M 2,142.50M 1,889.10M 1,556.42M 1,582.29M 1,327.76M 1,151.48M 1,035.67M 1,009.02M 901.09M 786.96M 747.76M 786.55M 574.12M 466.52M 597.74M 502.79M 445.82M 546.49M 486.20M 432.90M 401.49M 486.59M 450.00M 5,078.31M 3,043.37M 2,763.42M 2,550.22M 2,308.98M 2,190.37M 1,270.03M
Capital Employed 6,313.93M 2,600.58M 2,157.26M 1,975.97M 1,758.83M 1,708.00M 1,562.69M 1,412.19M 1,348.74M 1,222.58M 1,328.47M 1,146.29M 1,070.71M 1,003.78M 756.05M 935.63M 653.02M 680.56M 708.31M 592.80M 596.17M 506.91M 624.74M 559.76M 5,719.67M 3,257.57M 2,923.83M 2,713.40M 2,589.10M 2,687.70M 1,607.80M
Invested Capital 5,322.01M 1,759.08M 1,551.21M 1,288.58M 1,273.88M 1,004.79M 924.33M 840.64M 796.25M 698.37M 624.34M 544.26M 597.74M 380.43M 303.32M 441.94M 356.36M 381.80M 435.68M 411.67M 359.85M 281.25M 407.05M 372.21M 4,793.33M 2,753.52M 2,511.26M 2,380.60M 2,163.24M 2,170.10M 1,258.30M

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 159.95M 99.50M 60.38M 58.44M 63.64M 65.01M 58.18M 44.03M 43.99M 43.34M 38.37M 41.60M 49.90M 51.16M 28.29M 37.38M 36.63M 29.61M 28.97M 26.08M 25.66M 29.17M 37.07M 33.67M 215.75M 141.16M 139.89M 132.77M 137.15M 133.87M 104.97M
Deferred Income Tax 26.71M -4.79M -2.96M -22.29M -0.01M -1.44M -2.28M 1.99M -1.04M 2.96M 0.18M 1.05M -0.09M -0.61M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 77.76M 118.80M 79.74M 49.07M 57.60M 44.80M 24.63M
Stock-Based Compensation 6.10M 0.39M 8.64M 8.26M 7.87M 5.06M 4.83M 3.71M 3.81M 3.22M 1.61M 1.72M 1.45M 2.72M 3.12M 0.50M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -27.58M -3.61M -10.92M -61.06M -19.13M 17.22M -8.35M -46.30M -9.05M 4.41M -2.97M -4.80M -9.97M 0.98M -7.49M -0.27M 35.97M -16.08M -3.77M -3.85M 3.38M 1.87M 4.26M 15.24M -151.88M -32.61M 222.60M -174.36M -99.60M -57.93M 62.33M
Accounts Receivable -16.30M -4.81M -1.64M -40.66M -23.62M 8.84M -0.56M -11.86M -13.82M -2.93M -6.16M -5.57M -4.98M 0.29M 0.00M 0.00M 0.00M 0.00M 0.00M 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 -11.45M -7.89M 3.22M -50.19M -28.59M 9.91M -6.47M -25.66M -6.71M -6.08M 2.29M -8.39M -5.13M 0.21M -13.42M -4.64M 25.19M -5.81M -6.55M -4.31M -3.00M -0.89M 4.35M -6.54M -129.36M -92.02M -51.78M -74.85M -175.24M -2.03M 140.13M
Accounts Payable -17.97M -0.46M -0.62M 17.71M 22.92M 1.58M -0.68M 13.85M 6.31M 0.48M 1.01M 0.00M 0.00M 0.00M 0.00M 2.18M 0.00M 0.00M 0.00M 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 40.92M -0.29M -12.73M 8.73M 14.21M -0.40M 5.32M -5.51M 2.96M 4.24M -4.08M 3.55M 3.79M 0.47M 0.23M 4.79M -6.21M -1.05M 5.24M 0.17M 4.33M 4.90M 16.15M 11.51M -22.51M 59.41M 274.38M -99.51M 75.64M -55.90M -77.80M
Other Non-Cash Items 33.41M 2.26M 6.73M 27.47M 11.47M 11.23M 23.59M 17.95M 11.47M 10.50M 7.90M 1.86M -0.62M 4.41M 0.43M 2.78M -3.33M 4.02M -10.80M -0.60M -7.86M 1.44M -0.75M -1.21M 43.33M 17.39M 7.95M 8.80M 1.37M 3.27M -18.80M
Net Cash from Operating Activities 461.34M 244.71M 272.66M 178.56M 185.63M 161.12M 144.29M 130.61M 168.65M 132.42M 145.79M 143.34M 124.67M 140.96M 50.90M 99.81M 87.69M 40.98M 86.44M 70.93M 57.64M 61.84M 65.72M 58.71M 357.48M 414.58M 608.46M 132.33M 285.05M 277.03M 307.40M
Capital Expenditures (PPE) -80.56M -48.35M -61.73M -67.69M -49.32M -43.13M -65.40M -63.24M -45.78M -47.85M -44.10M -46.88M -47.26M -50.13M -29.46M -34.74M -30.40M -35.58M -24.94M -19.95M -16.39M -14.43M -27.12M -28.13M -162.03M -135.52M -306.40M -130.54M -132.75M -83.10M -55.93M
Acquisitions (Net) -34.08M -18.25M -8.52M -17.07M -24.60M -5.30M -8.33M -19.39M -33.51M -50.41M -5.62M -15.67M -9.28M -1.92M -0.96M -2.47M -1.60M -3.81M -1.50M -1.41M -9.47M 0.42M 1.68M -1.99M -789.24M -130.48M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -5.19M -3.31M -0.57M -4.39M -4.87M -4.14M -3.59M -1.52M -1.14M -1.03M -0.31M -0.03M -0.04M -0.15M -0.03M -0.06M -0.06M -0.04M -0.36M -0.84M -0.39M -0.14M -0.58M -1.03M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments 1.34M 1.13M 0.96M 4.57M 1.40M 3.97M 0.43M 0.55M 1.82M 1.27M 0.36M 0.17M 0.01M 0.80M 0.68M 0.04M 0.00M 0.00M 0.78M 2.19M 0.24M 0.57M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.43M
Other Investing Activities -10.52M -0.96M 0.22M 0.05M 0.68M -1.21M -1.51M 3.44M 1.64M 1.38M -1.01M -0.01M 2.29M -1.35M 1.05M 1.98M 4.45M 4.28M -1.30M 1.88M 4.31M 4.43M 15.16M 9.30M -157.36M -83.46M -205.50M -104.27M -12.81M -942.60M -7.50M
Net Cash from Investing Activities -174.20M -116.65M -88.23M -102.68M -82.49M -65.81M -100.65M -114.57M -124.04M -109.49M -76.49M -93.72M -88.57M -67.23M -53.12M -46.32M -35.79M -49.09M -26.95M -14.33M -18.77M -4.80M 5.40M -24.88M -1,108.62M -349.45M -511.91M -234.81M -145.56M -1,025.70M -63.00M
Net Debt Issuance -14.88M 22.64M -8.81M 7.64M -7.03M 70.35M 1.86M 4.65M 9.60M 19.39M -4.32M -1.12M -1.54M -7.54M -4.40M 6.70M 8.65M 3.65M -2.16M -6.08M -6.06M -9.46M -7.94M 20.52M 686.12M 35.70M 39.51M 128.93M -63.00M 669.47M -172.20M
Long-Term Debt Issuance -5.72M 37.63M -6.06M 11.68M -3.82M 46.03M 2.82M 4.64M 11.80M 14.71M -0.18M 0.10M 0.07M -3.31M -4.61M 3.86M 9.64M 5.37M 1.17M -6.00M -9.10M -4.26M -9.30M 19.00M 686.12M 35.70M 39.51M 128.93M -63.00M 669.47M -172.20M
Short-Term Debt Issuance -6.60M -8.93M 0.00M 0.33M 0.00M -3.71M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.06M 0.00M 0.00M 0.36M 0.00M 0.00M 0.00M -3.84M 3.16M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -45.59M -6.10M -2.38M -6.12M -1.10M -1.55M -1.86M -1.84M 1.19M -0.59M -0.41M -0.40M -0.31M -0.67M -1.05M -0.74M -0.09M -7.37M -4.54M -2.79M 0.23M 11.02M 0.06M 2.53M 172.02M -1.11M 5.82M 26.49M 9.01M 165.90M -53.83M
Common Stock Issuance 0.18M 0.11M 0.13M 0.97M 1.41M 0.01M 0.29M 0.94M 8.44M 2.65M 0.75M 2.27M 2.49M 0.77M 1.09M 1.24M 0.77M 0.95M 6.23M 0.64M 0.79M 0.87M 0.61M 1.10M 211.70M 8.66M 9.54M 52.85M 18.21M 172.30M 6.97M
Common Stock Repurchased -47.30M -8.08M -4.84M -7.25M -3.51M -2.19M -1.83M -3.61M -1.66M -1.39M -1.65M -0.96M -0.55M -1.18M -4.13M -2.40M -0.63M -10.83M -10.96M -2.79M 0.00M -1.33M -0.29M 0.00M -39.66M -9.77M -3.75M -26.36M -9.20M -6.40M -59.80M
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 -78.26M -58.36M -36.81M -42.38M -36.40M -35.77M -35.23M -28.42M -23.33M -30.93M -15.99M -17.03M -27.51M -21.81M -7.48M -5.49M -10.93M -15.32M -9.04M -7.97M -6.28M -7.46M -11.87M -7.83M -77.96M -63.58M -56.98M -54.97M -47.54M -43.77M -14.70M
Common Dividends Paid -77.36M -56.89M -36.50M -41.77M -33.61M -35.31M -34.69M -27.90M -22.82M -22.89M -15.66M -13.38M -15.44M -16.18M -9.08M -5.68M -10.93M -15.97M -10.23M -8.58M -6.67M -7.92M -11.75M -7.83M -77.96M -63.58M -56.96M -54.97M -47.54M -44.43M -14.70M
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 -15.71M -11.46M -7.45M -4.30M -9.50M -2.60M -0.77M -1.22M 3.80M -7.28M -2.31M 0.32M 1.55M -1.23M 0.16M -0.01M -0.79M 1.19M 0.16M 3.69M 0.19M -4.69M -14.37M -1.05M -12.77M -0.06M -6.05M -6.62M 0.95M -33.77M -0.73M
Net Cash from Financing Activities -338.23M -54.02M -96.08M -41.07M -30.69M 8.11M -45.59M -4.80M 7.40M -7.01M -61.28M -39.31M -25.94M -34.95M -6.58M -12.56M -2.36M -5.66M -11.16M -15.25M -9.81M -9.80M -17.96M 27.00M 767.42M -29.05M -17.68M 93.83M -100.58M 757.17M -241.47M
Effect of FX on Cash -2.98M 0.10M -3.60M -1.71M 0.74M -2.08M -0.37M -0.98M 1.32M -0.69M -1.08M -0.09M -0.34M -0.35M -0.62M -0.95M 0.41M -1.61M 0.09M 0.03M 0.58M -0.13M 1.19M -0.12M -14.57M -7.15M 9.52M -1.45M -155.35M 748.67M -210.60M
Net Change in Cash 39.87M 38.44M 24.15M -49.15M -24.25M 95.51M 12.20M -4.66M 23.84M 13.18M -4.33M -2.52M 8.18M 13.99M 8.50M 9.06M 59.06M 4.92M 5.24M 15.23M 1.90M 18.60M -8.22M -5.08M 1.70M 28.92M 88.39M -10.13M -116.44M 757.17M -207.67M
Cash at Beginning of Period 288.33M 343.97M 280.35M 295.33M 322.20M 227.12M 195.05M 212.80M 200.33M 216.14M 196.23M 183.19M 170.23M 173.39M 146.66M 140.14M 108.00M 106.95M 77.01M 89.37M 59.32M 70.98M 82.61M 99.70M 283.28M 260.93M 163.77M 137.00M 107.14M 11.73M 8.90M
Cash at End of Period 543.00M 382.89M 336.83M 267.12M 308.10M 322.27M 228.28M 193.26M 212.80M 203.58M 162.13M 203.10M 188.27M 186.79M 162.32M 152.39M 172.40M 63.16M 113.63M 84.58M 94.23M 128.76M 81.84M 80.77M 284.98M 289.86M 252.16M 126.87M -9.30M 768.90M -198.77M
Operating Cash Flow 459.86M 244.71M 272.66M 178.56M 185.63M 161.12M 144.29M 130.61M 168.65M 132.42M 145.79M 143.34M 124.67M 140.96M 50.90M 99.81M 87.69M 40.98M 86.44M 70.93M 57.64M 61.84M 65.72M 58.71M 357.48M 414.58M 608.46M 132.33M 285.05M 277.03M 307.40M
Capital Expenditure -103.80M -69.36M -64.06M -67.69M -49.32M -43.13M -65.40M -63.24M -45.78M -47.85M -44.10M -46.88M -47.26M -50.13M -29.46M -34.74M -30.40M -35.51M -24.78M -19.86M -16.30M -14.39M -27.12M -28.13M -162.03M -135.52M -306.40M -130.54M -132.75M -83.10M -55.93M
Free Cash Flow 378.20M 174.37M 180.96M 101.48M 130.51M 130.49M 100.49M 80.60M 107.32M 95.65M 101.57M 65.54M 53.69M 62.12M 23.35M 31.90M 52.65M 11.62M 57.84M 46.85M 38.11M 49.93M 23.49M 34.24M 195.45M 279.07M 302.06M 1.79M 152.30M 193.93M 251.47M

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 592.42M 370.35M 287.96M 245.91M 254.57M 153.87M 223.25M 239.36M 188.33M 176.01M 161.74M 201.11M 223.08M 199.95M 115.48M 106.69M 88.76M 81.75M 145.89M 108.50M 89.41M 87.45M 90.80M 96.55M 659.71M 616.04M 527.68M 424.96M 511.97M 425.87M 344.23M
(-) Tax Adjustment 139.35M 75.52M 53.70M 53.12M 43.97M 32.14M 48.24M 47.25M 46.21M 61.07M 52.06M 60.44M 81.61M 55.80M 36.08M 32.25M 32.31M 31.30M 51.01M 38.42M 33.47M 90.13M 37.52M 23.50M 234.21M 216.44M 187.89M 159.26M 185.04M 163.02M 129.97M
(-) Change In Working Capital -27.58M -3.61M -10.92M -61.06M -19.13M 17.22M -8.35M -46.30M -9.05M 4.41M -2.97M -4.80M -9.97M 0.98M -7.49M -0.27M 35.97M -16.08M -3.77M -3.85M 3.38M 1.87M 4.26M 15.24M -151.88M -32.61M 222.60M -174.36M -99.60M -57.93M 62.33M
(-) Capital Expenditure 103.80M 69.36M 64.06M 67.69M 49.32M 43.13M 65.40M 63.24M 45.78M 47.85M 44.10M 46.88M 47.26M 50.13M 29.46M 34.74M 30.40M 35.51M 24.78M 19.86M 16.30M 14.39M 27.12M 28.13M 162.03M 135.52M 306.40M 130.54M 132.75M 83.10M 55.93M
Unlevered Free Cash Flow 376.85M 229.08M 181.13M 186.15M 180.41M 61.38M 117.95M 175.17M 105.40M 62.69M 68.53M 98.60M 104.19M 93.04M 57.43M 39.97M -9.91M 31.02M 73.88M 54.07M 36.27M -18.93M 21.91M 29.67M 415.35M 296.69M -189.21M 309.52M 293.78M 237.68M 96.00M
(-) Net Interest Income After Taxes -34.50M -20.91M -18.62M -10.32M -13.18M -11.90M -12.41M -2.82M -3.77M -1.25M -3.04M -2.52M -3.03M -3.63M -8.98M -8.27M -7.39M -5.15M -1.84M -1.40M -3.90M 0.03M -1.02M -2.25M -7.36M -8.12M -3.23M -6.76M -13.80M 0.00M 0.00M
Net Debt Issuance -14.88M 22.64M -8.81M 7.64M -7.03M 70.35M 1.86M 4.65M 9.60M 19.39M -4.32M -1.12M -1.54M -7.54M -4.40M 6.70M 8.65M 3.65M -2.16M -6.08M -6.06M -9.46M -7.94M 20.52M 686.12M 35.70M 39.51M 128.93M -63.00M 669.47M -172.20M
Levered Free Cash Flow 396.46M 272.63M 190.94M 204.12M 186.57M 143.63M 132.22M 182.64M 118.77M 83.33M 67.26M 99.99M 105.67M 89.13M 62.01M 54.94M 6.13M 39.82M 73.56M 49.39M 34.11M -28.42M 14.99M 52.44M 1,108.84M 340.51M -146.47M 445.21M 244.57M 907.15M -76.20M