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Definitive Analysis

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Page: Industry Financials

3157.T

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 13.29 15.23 13.03 12.87 14.67 11.70 10.70 9.31 10.32 9.57 8.92 9.19 8.14 6.92 5.78 5.39 5.13 4.66 8.32 6.25 3.03 5.63 5.75 4.36 2.59 2.46 2.43 2.55 1.80 1.61 1.55
Market Capitalization 3,521.43M 2,781.11M 2,471.97M 2,619.53M 3,337.84M 2,350.89M 2,244.49M 2,052.32M 2,321.01M 1,831.11M 1,799.63M 1,972.50M 1,723.27M 1,663.22M 1,277.20M 1,354.58M 1,002.79M 673.53M 1,253.30M 884.33M 387.71M 692.97M 636.39M 466.41M 392.53M 365.42M 343.66M 290.36M 234.43M 242.14M 197.95M
(-) Cash & Equivalents 213.31M 260.11M 265.28M 203.61M 263.08M 261.45M 194.12M 157.20M 167.46M 136.41M 124.07M 130.66M 119.77M 123.22M 116.92M 100.16M 82.22M 68.28M 60.67M 40.50M 29.53M 36.88M 43.58M 30.16M 28.13M 19.26M 17.00M 16.94M 11.87M 13.10M 9.79M
(+) Total Debt 1,051.27M 893.24M 967.63M 882.48M 759.24M 680.98M 684.80M 639.39M 605.16M 623.51M 559.72M 576.16M 562.55M 471.43M 444.79M 361.21M 332.96M 289.20M 218.54M 172.18M 149.91M 211.28M 170.92M 157.33M 113.72M 99.44M 81.59M 50.20M 41.39M 41.92M 35.33M
Enterprise Value 4,384,642,531.12 3,934,083,648.90 3,623,430,936.66 3,570,349,362.96 4,146,272,604.61 2,917,519,773.17 2,839,600,326.53 2,549,470,709.07 2,796,684,214.93 2,334,797,037.84 2,276,521,574.29 2,407,322,073.06 2,132,085,539.75 2,110,931,781.85 1,664,660,805.50 1,569,906,964.81 1,198,256,603.94 986,269,126.35 1,435,881,947.83 972,489,474.38 554,163,692.98 890,119,698.05 727,229,104.85 587,489,425.36 449,705,374.21 402,589,671.17 378,494,504.60 348,061,056.86 274,970,548.91 312,194,789.83 212,630,470.58

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 2,391.34M 2,200.71M 2,216.46M 2,240.41M 2,127.88M 1,853.27M 1,890.14M 1,704.38M 1,523.79M 1,341.52M 1,253.21M 1,206.43M 1,133.97M 1,085.55M 955.54M 770.05M 729.26M 612.14M 556.51M 400.50M 335.22M 425.66M 419.59M 417.39M 217.35M 207.51M 128.64M 119.57M 97.75M 92.67M 112.75M
Cost of Revenue 1,670.37M 1,470.32M 1,509.24M 1,568.71M 1,405.80M 1,163.84M 1,183.85M 1,085.96M 934.21M 783.39M 743.77M 805.77M 765.08M 731.44M 617.94M 481.54M 451.75M 424.79M 373.92M 275.61M 204.88M 265.37M 222.04M 206.91M 107.49M 76.40M 53.30M 61.81M 31.56M 45.20M 37.25M
Gross Profit 720.97M 730.39M 707.22M 671.70M 722.08M 689.43M 706.29M 618.42M 589.58M 558.13M 509.43M 400.66M 368.89M 354.11M 337.60M 288.50M 277.51M 187.35M 182.59M 124.89M 130.34M 160.28M 197.55M 210.48M 109.86M 131.10M 75.34M 57.77M 66.19M 47.47M 75.50M
Gross Margin 30.1% 33.2% 31.9% 30.0% 33.9% 37.2% 37.4% 36.3% 38.7% 41.6% 40.7% 33.2% 32.5% 32.6% 35.3% 37.5% 38.1% 30.6% 32.8% 31.2% 38.9% 37.7% 47.1% 50.4% 50.5% 63.2% 58.6% 48.3% 67.7% 51.2% 67.0%
R&D Expenses 6.65M 9.25M 9.68M 9.48M 8.23M 6.91M 6.00M 3.26M 1.83M 1.63M 1.63M 1.61M 1.46M 0.36M 0.06M 0.04M 0.02M 0.03M 0.03M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
SG&A Expenses 301.29M 242.74M 275.05M 233.12M 229.85M 191.61M 204.34M 203.27M 168.27M 148.97M 148.05M 137.01M 129.19M 99.00M 68.82M 64.03M 61.36M 57.28M 49.08M 34.38M 33.46M 37.24M 48.97M 43.83M 15.00M 14.34M 10.25M 12.24M 7.95M 10.73M 11.40M
Operating Expenses 307.94M 251.99M 284.72M 242.59M 238.08M 198.52M 210.34M 206.53M 170.10M 150.60M 149.68M 138.62M 130.65M 99.36M 68.87M 64.07M 61.38M 57.31M 49.11M 34.38M 33.46M 37.24M 48.97M 43.83M 15.00M 14.34M 10.25M 12.24M 7.95M 10.73M 11.40M
Operating Income 413.03M 478.40M 422.50M 429.11M 484.00M 490.91M 495.95M 411.89M 419.48M 407.53M 359.75M 262.04M 238.25M 254.76M 268.72M 224.44M 216.13M 130.05M 133.48M 90.51M 96.88M 123.04M 148.59M 166.65M 94.86M 116.76M 65.09M 45.52M 58.24M 36.74M 64.10M
Operating Margin 17.3% 21.7% 19.1% 19.2% 22.7% 26.5% 26.2% 24.2% 27.5% 30.4% 28.7% 21.7% 21.0% 23.5% 28.1% 29.1% 29.6% 21.2% 24.0% 22.6% 28.9% 28.9% 35.4% 39.9% 43.6% 56.3% 50.6% 38.1% 59.6% 39.6% 56.9%
Interest Income 4.48M 9.83M 9.16M 6.66M 5.08M 4.21M 5.70M 4.65M 4.07M 2.88M 2.85M 3.12M 3.29M 2.50M 1.63M 1.47M 1.57M 1.79M 1.15M 0.51M 0.23M 0.27M 0.22M 0.21M 0.28M 0.24M 0.00M 0.42M 0.22M 0.18M 0.17M
Interest Expense 40.69M 41.85M 38.43M 32.18M 27.07M 26.91M 30.68M 30.72M 28.84M 29.47M 27.61M 27.53M 29.21M 30.99M 27.19M 21.23M 19.60M 16.94M 10.65M 6.50M 5.26M 6.15M 5.23M 3.44M 2.26M 2.10M 1.30M 1.20M 0.50M 0.57M 0.30M
Net Interest Income -36.21M -32.03M -29.28M -25.53M -21.99M -22.70M -24.98M -26.07M -24.77M -26.59M -24.76M -24.41M -25.92M -28.49M -25.55M -19.77M -18.03M -15.15M -9.50M -5.99M -5.02M -5.87M -5.01M -3.23M -1.98M -1.85M -1.30M -0.77M -0.28M -0.39M -0.14M
Other Income / Expense -163.46M -241.75M -175.83M -150.80M -144.96M -240.30M -254.67M -187.55M -241.53M -242.33M -227.45M -114.65M -110.02M -128.81M -139.25M -123.26M -132.94M -45.91M -41.89M -22.86M -56.27M -60.57M -91.42M -131.72M -71.86M -94.81M -44.76M -19.66M -36.26M -15.99M -46.55M
Pre-Tax Income 213.36M 204.62M 217.39M 252.79M 317.06M 227.91M 216.30M 198.27M 153.17M 138.61M 107.55M 122.99M 102.31M 97.46M 103.92M 81.41M 65.16M 68.98M 82.08M 61.67M 35.59M 56.60M 52.16M 31.69M 21.02M 20.10M 19.03M 25.08M 21.70M 20.36M 17.42M
Pre-Tax Margin 8.9% 9.3% 9.8% 11.3% 14.9% 12.3% 11.4% 11.6% 10.1% 10.3% 8.6% 10.2% 9.0% 9.0% 10.9% 10.6% 8.9% 11.3% 14.7% 15.4% 10.6% 13.3% 12.4% 7.6% 9.7% 9.7% 14.8% 21.0% 22.2% 22.0% 15.4%
Income Tax Expense 53.52M 54.58M 53.50M 52.22M 65.35M 48.11M 46.66M 41.61M 32.01M 32.61M 25.57M 26.26M 24.79M 21.80M 21.99M 16.84M 12.29M 17.85M 19.12M 11.74M 10.00M 17.20M 15.11M 9.81M 5.66M 9.21M 6.96M 9.17M 6.66M 6.11M 6.17M
Tax Rate 25.1% 26.7% 24.6% 20.7% 20.6% 21.1% 21.6% 21.0% 20.9% 23.5% 23.8% 21.4% 24.2% 22.4% 21.2% 20.7% 18.9% 25.9% 23.3% 19.0% 28.1% 30.4% 29.0% 30.9% 26.9% 35.0% 35.0% 35.0% 30.7% 30.0% 35.0%
Net Income 159.84M 150.05M 163.89M 200.56M 251.71M 179.80M 169.64M 156.66M 121.16M 106.00M 81.98M 96.72M 77.52M 75.66M 81.92M 64.56M 52.86M 51.13M 62.96M 49.93M 25.58M 39.40M 37.05M 21.89M 15.35M 10.89M 12.07M 15.91M 15.05M 14.25M 11.24M
Net Margin 6.7% 6.8% 7.4% 9.0% 11.8% 9.7% 9.0% 9.2% 8.0% 7.9% 6.5% 8.0% 6.8% 7.0% 8.6% 8.4% 7.2% 8.4% 11.3% 12.5% 7.6% 9.3% 8.8% 5.2% 7.1% 5.2% 9.4% 13.3% 15.4% 15.4% 10.0%
EBIT 413.03M 478.40M 422.50M 429.11M 484.00M 490.91M 495.95M 411.89M 419.48M 407.53M 359.75M 262.04M 238.25M 254.76M 268.72M 224.44M 216.13M 130.05M 133.48M 90.51M 96.88M 123.04M 148.59M 166.65M 94.86M 116.76M 65.09M 45.52M 58.24M 36.74M 64.10M
Depreciation & Amortization 138.48M 135.09M 131.43M 122.88M 119.55M 98.48M 96.55M 88.14M 83.22M 81.05M 71.51M 71.07M 65.97M 66.28M 55.73M 48.51M 37.95M 34.49M 27.53M 19.66M 16.33M 26.99M 35.55M 34.69M 13.35M 11.08M 9.42M 7.45M 3.39M 3.86M 4.29M
EBITDA 551.50M 613.49M 553.93M 551.99M 603.56M 589.39M 592.50M 500.04M 502.70M 488.58M 431.26M 333.11M 304.22M 321.03M 324.45M 272.94M 254.08M 164.54M 161.01M 110.17M 113.22M 150.03M 184.14M 201.34M 108.21M 127.84M 74.51M 52.97M 61.64M 40.60M 68.39M
EBITDA Margin 23.1% 27.9% 25.0% 24.6% 28.4% 31.8% 31.3% 29.3% 33.0% 36.4% 34.4% 27.6% 26.8% 29.6% 34.0% 35.4% 34.8% 26.9% 28.9% 27.5% 33.8% 35.2% 43.9% 48.2% 49.8% 61.6% 57.9% 44.3% 63.1% 43.8% 60.7%
NOPAT 309.42M 350.80M 318.52M 340.46M 384.25M 387.28M 388.97M 325.45M 331.80M 311.66M 274.21M 206.08M 180.52M 197.77M 211.85M 178.00M 175.35M 96.39M 102.38M 73.28M 69.65M 85.66M 105.55M 115.07M 69.30M 75.90M 42.31M 29.59M 40.38M 25.71M 41.66M
NOPAT Margin 12.9% 15.9% 14.4% 15.2% 18.1% 20.9% 20.6% 19.1% 21.8% 23.2% 21.9% 17.1% 15.9% 18.2% 22.2% 23.1% 24.0% 15.7% 18.4% 18.3% 20.8% 20.1% 25.2% 27.6% 31.9% 36.6% 32.9% 24.7% 41.3% 27.7% 37.0%
Owner's Earnings 298.31M 285.14M 295.32M 323.44M 371.26M 278.27M 266.19M 244.81M 204.38M 187.05M 153.48M 167.79M 143.49M 141.94M 137.65M 113.07M 90.81M 85.62M 90.49M 69.59M 41.92M 66.39M 72.60M 56.58M 28.70M 21.97M 21.49M 23.37M 18.44M 18.11M 15.54M
Owner's Earnings Margin 12.5% 13.0% 13.3% 14.4% 17.4% 15.0% 14.1% 14.4% 13.4% 13.9% 12.2% 13.9% 12.7% 13.1% 14.4% 14.7% 12.5% 14.0% 16.3% 17.4% 12.5% 15.6% 17.3% 13.6% 13.2% 10.6% 16.7% 19.5% 18.9% 19.5% 13.8%
EPS 0.18 0.16 0.21 0.32 0.36 0.30 0.28 0.25 0.18 0.21 0.17 0.17 0.14 0.14 0.15 0.12 0.12 0.13 0.17 0.14 0.10 0.12 0.14 0.08 0.05 0.03 0.04 0.05 0.04 0.04 0.03
EPS (Diluted) 0.18 0.16 0.21 0.32 0.36 0.30 0.28 0.25 0.18 0.21 0.17 0.17 0.14 0.14 0.15 0.12 0.12 0.13 0.17 0.14 0.10 0.12 0.14 0.08 0.05 0.03 0.04 0.05 0.04 0.04 0.03
Shares (Diluted) 864.29M 959.43M 766.71M 635.88M 698.78M 592.04M 597.49M 621.56M 660.41M 498.84M 491.83M 563.50M 556.51M 558.57M 534.21M 543.02M 438.92M 379.12M 374.77M 363.97M 267.89M 319.32M 257.57M 283.94M 314.01M 335.01M 339.75M 330.55M 341.65M 345.76M 325.22M

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 221.12M 260.11M 265.28M 201.51M 268.37M 263.75M 194.12M 157.20M 167.46M 136.41M 124.07M 130.66M 119.77M 123.22M 117.94M 100.16M 82.93M 68.28M 61.23M 40.88M 30.20M 36.88M 43.58M 30.16M 28.88M 19.73M 18.98M 17.45M 12.28M 14.33M 9.79M
Short-Term Investments 75.80M 66.06M 111.59M 73.42M 102.89M 50.92M 57.48M 39.97M 44.77M 38.70M 24.72M 29.87M 35.58M 38.22M 28.37M 17.68M 28.01M 25.99M 10.55M 6.97M 4.36M 2.95M 1.06M 1.23M 3.64M 1.88M 0.68M 2.52M 0.06M 2.06M 0.03M
Cash & Short-Term Investments 296.92M 326.16M 376.87M 274.92M 371.26M 314.68M 251.61M 197.17M 212.23M 175.11M 148.79M 160.53M 155.35M 161.44M 146.30M 117.84M 110.94M 94.27M 71.77M 47.86M 34.56M 39.83M 44.64M 31.38M 32.52M 21.62M 19.66M 19.97M 12.34M 16.39M 9.81M
Net Receivables 371.74M 336.72M 326.10M 295.16M 294.86M 294.13M 271.29M 213.75M 235.83M 205.46M 171.24M 177.53M 166.63M 134.06M 96.37M 82.89M 82.32M 82.26M 57.04M 38.57M 31.16M 34.39M 38.61M 32.00M 24.34M 18.67M 12.32M 11.34M 13.46M 17.58M 18.71M
Inventory 274.64M 302.31M 302.11M 281.47M 232.08M 175.54M 177.60M 167.63M 147.42M 145.50M 151.88M 150.54M 144.10M 141.96M 128.06M 98.88M 85.19M 88.73M 66.97M 51.38M 42.55M 47.89M 50.67M 55.20M 29.65M 28.89M 38.47M 35.27M 21.60M 35.68M 20.38M
Other Current Assets 62.45M 49.53M 72.78M 59.18M 57.08M 51.17M 38.67M 48.61M 52.92M 51.29M 45.39M 51.60M 51.84M 44.06M 32.63M 29.76M 30.11M 19.70M 25.78M 8.73M 6.61M 10.56M 12.80M 20.78M 11.82M 17.48M 19.71M 18.03M 14.96M 13.81M 11.35M
Total Current Assets 1,005.74M 1,014.72M 1,077.87M 910.73M 955.28M 835.53M 739.17M 627.15M 648.40M 577.37M 517.29M 540.21M 517.92M 481.53M 403.36M 329.37M 308.56M 284.95M 221.57M 146.53M 114.88M 132.66M 146.72M 139.36M 98.34M 86.66M 90.16M 84.62M 62.36M 83.46M 60.26M
Property, Plant & Equipment 1,679.59M 1,733.65M 1,601.03M 1,526.82M 1,387.69M 1,250.35M 1,171.34M 1,043.06M 1,008.77M 1,011.29M 1,009.97M 975.60M 897.34M 900.45M 776.47M 727.77M 619.51M 533.12M 440.98M 314.39M 256.71M 282.52M 326.12M 333.59M 220.63M 166.01M 174.22M 172.43M 143.42M 149.37M 78.80M
Goodwill 106.02M 194.02M 196.89M 183.42M 152.40M 118.85M 131.14M 137.98M 115.10M 93.52M 47.31M 82.97M 47.92M 51.00M 13.55M 8.68M 5.84M 4.33M 3.27M 2.23M 0.70M 0.05M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 167.95M 155.20M 145.55M 130.36M 121.53M 100.62M 98.77M 107.15M 80.24M 69.06M 45.60M 44.51M 41.99M 46.97M 42.83M 32.73M 23.65M 19.39M 15.03M 12.10M 11.27M 13.58M 25.16M 14.17M 9.88M 6.26M 9.30M 7.82M 1.32M 1.53M 1.66M
Long-Term Investments 113.22M 79.09M 101.43M 86.38M 60.38M 61.85M 59.65M 74.73M 76.22M 67.90M 51.17M 46.95M 43.16M 40.17M 34.31M 33.63M 22.85M 31.85M 20.97M 10.28M 5.94M 8.75M 1.70M 0.88M 0.28M 0.01M 0.00M 0.00M 0.00M 0.00M 1.05M
Tax Assets 15.54M 14.07M 21.54M 37.70M 42.16M 35.21M 27.81M 19.29M 20.05M 20.77M 17.60M 11.55M 11.45M 13.06M 7.19M 5.76M 7.34M 5.30M 3.63M 2.74M 2.07M 3.28M 2.64M 1.14M 0.82M 0.91M 0.31M 0.24M 0.00M 0.00M 0.08M
Other Non-Current Assets 80.28M 131.87M 80.79M 86.20M 71.72M 58.22M 43.52M 48.92M 45.22M 42.40M 43.93M 40.95M 42.78M 27.31M 43.90M 38.07M 39.25M 41.15M 42.77M 15.94M 15.03M 18.75M 22.00M 29.91M 10.24M 17.11M 13.16M 8.92M 7.51M 9.03M 4.44M
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 2,162.60M 2,307.89M 2,147.23M 2,050.89M 1,835.88M 1,625.09M 1,532.23M 1,431.14M 1,345.60M 1,304.95M 1,215.57M 1,202.53M 1,084.64M 1,078.96M 918.25M 846.64M 718.44M 635.15M 526.63M 357.68M 291.72M 326.92M 377.62M 379.70M 241.84M 190.30M 196.99M 189.41M 152.25M 159.94M 86.04M
Total Assets 3,168.34M 3,322.61M 3,225.11M 2,961.63M 2,791.15M 2,460.62M 2,271.40M 2,058.29M 1,994.00M 1,882.32M 1,732.86M 1,742.74M 1,602.56M 1,560.49M 1,321.61M 1,176.01M 1,027.00M 920.10M 748.20M 504.20M 406.60M 459.58M 524.33M 519.05M 340.18M 276.96M 287.15M 274.03M 214.62M 243.40M 146.29M
Accounts Payable 247.55M 281.31M 249.66M 253.16M 221.15M 183.11M 174.31M 169.88M 152.23M 134.18M 123.31M 131.89M 127.54M 123.49M 102.37M 88.35M 72.58M 72.45M 59.84M 45.98M 37.85M 41.76M 34.22M 30.59M 19.86M 17.42M 19.71M 19.57M 12.19M 13.58M 9.32M
Short-Term Debt 258.62M 209.75M 246.74M 231.33M 178.62M 169.53M 148.18M 180.31M 159.79M 212.02M 190.66M 136.19M 141.53M 148.87M 158.74M 96.28M 119.98M 104.80M 69.62M 52.36M 38.61M 39.40M 33.29M 30.06M 26.79M 31.67M 23.82M 16.96M 14.00M 11.60M 8.64M
Tax Payables 0.79M 20.33M 18.62M 23.16M 30.43M 30.64M 28.01M 24.87M 20.76M 18.03M 11.26M 12.69M 10.44M 9.34M 6.15M 4.72M 3.31M 3.24M 4.08M 2.37M 1.27M 1.53M 1.55M 0.77M 0.80M 1.08M 1.01M 1.03M 0.84M 0.51M 0.48M
Deferred Revenue 8.61M 1.18M 9.11M 22.11M 74.58M 61.05M 53.40M 23.28M 44.94M 42.34M 36.69M 34.27M 31.61M 26.37M 16.16M 14.43M 16.67M 13.77M 13.61M 7.95M 6.60M 8.32M 7.96M 5.34M 6.80M 6.20M 5.09M 4.75M 3.76M 3.11M 3.18M
Other Current Liabilities 156.06M 189.05M 148.46M 172.63M 96.60M 81.98M 90.11M 125.75M 79.60M 75.03M 68.12M 81.93M 63.04M 66.50M 54.11M 39.06M 42.64M 44.18M 36.46M 24.17M 14.14M 17.88M 11.07M 16.99M 8.98M 8.47M 8.05M 7.79M 6.33M 7.32M 4.39M
Total Current Liabilities 671.63M 701.62M 672.59M 702.39M 601.38M 526.31M 494.01M 524.09M 457.31M 481.59M 430.03M 396.97M 374.17M 374.57M 337.53M 242.83M 255.19M 238.43M 183.61M 132.83M 98.46M 108.89M 88.09M 83.75M 63.23M 64.84M 57.68M 50.09M 37.11M 36.12M 26.01M
Long-Term Debt 647.16M 567.03M 633.65M 571.25M 466.23M 436.04M 386.70M 364.40M 372.24M 325.24M 352.63M 355.37M 359.61M 337.65M 274.63M 248.71M 209.27M 156.20M 111.52M 100.61M 76.75M 148.85M 111.74M 111.73M 79.52M 48.34M 56.47M 35.64M 25.62M 27.05M 28.11M
Capital Lease Obligations 10.75M 46.30M 48.28M 42.70M 35.97M 34.90M 19.72M 2.26M 1.23M 1.37M 0.80M 0.92M 0.88M 0.09M 0.00M 0.00M 0.00M 0.00M 0.00M 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 83.75M 75.90M 61.84M 64.93M 52.07M 39.22M 41.53M 37.33M 34.99M 32.29M 27.72M 26.41M 22.96M 21.47M 25.29M 24.98M 22.13M 20.41M 19.48M 17.44M 12.14M 16.36M 18.72M 17.05M 6.66M 2.16M 1.97M 2.03M 2.38M 3.38M 1.69M
Other Non-Current Liabilities 101.76M 105.05M 81.75M 77.90M 55.58M 53.43M 42.34M 52.06M 45.38M 39.71M 30.01M 36.31M 41.84M 20.36M 20.14M 24.30M 26.93M 23.66M 21.86M 6.62M 6.05M 12.37M 10.03M 9.49M 1.72M 1.49M 1.85M 1.74M 1.72M 2.94M 4.06M
Total Non-Current Liabilities 843.41M 794.29M 825.53M 756.77M 609.86M 563.59M 490.29M 456.05M 453.84M 398.60M 411.16M 419.01M 425.29M 379.57M 320.05M 297.98M 258.33M 200.27M 152.86M 124.67M 94.94M 177.58M 140.49M 138.28M 87.90M 51.99M 60.30M 39.41M 29.72M 33.37M 33.85M
Total Liabilities 1,515.04M 1,495.91M 1,498.12M 1,459.16M 1,211.24M 1,089.90M 984.30M 980.14M 911.16M 880.19M 841.20M 815.98M 799.46M 754.14M 657.58M 540.82M 513.52M 438.71M 336.47M 257.50M 193.41M 286.48M 228.58M 222.02M 151.13M 116.83M 117.98M 89.49M 66.83M 69.49M 59.87M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.06M 0.52M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 124.62M 135.43M 125.82M 132.80M 129.98M 127.58M 110.32M 109.13M 122.42M 133.60M 131.78M 135.82M 121.88M 134.08M 97.94M 98.93M 90.64M 82.69M 77.89M 52.61M 40.90M 62.50M 54.49M 56.59M 48.62M 46.37M 53.02M 26.65M 17.92M 17.47M 14.81M
Retained Earnings 611.32M 926.20M 939.07M 868.53M 818.99M 675.64M 556.06M 469.42M 423.82M 395.16M 379.06M 336.70M 308.76M 240.70M 201.17M 173.14M 138.71M 116.27M 100.65M 68.62M 52.16M 85.49M 66.42M 53.24M 45.05M 67.16M 73.26M 63.65M 34.91M 43.83M 27.84M
Accumulated OCI 82.23M 85.08M 65.11M 65.26M 67.89M 24.04M 18.53M 17.49M 13.98M 17.59M 12.14M -18.42M -18.55M -21.53M -19.78M -9.06M -5.09M -0.56M -0.21M -0.17M -0.26M -0.33M 0.00M 0.00M 0.00M 0.00M -1.20M -3.43M 0.00M 0.00M 0.00M
Minority Interest 87.18M 75.37M 66.32M 59.70M 64.27M 42.26M 32.73M 32.33M 30.53M 27.24M 23.94M 27.20M 31.48M 21.97M 22.11M 26.07M 23.64M 19.11M 16.63M 6.73M 5.13M 6.50M 5.69M 4.70M 3.90M 3.28M 2.61M 1.74M 0.67M 0.66M 0.16M
Total Shareholders’ Equity 818.18M 1,146.72M 1,130.00M 1,066.59M 1,016.86M 827.31M 685.44M 596.04M 560.22M 546.35M 522.98M 454.10M 412.09M 353.24M 279.33M 263.01M 224.25M 198.39M 178.32M 121.05M 92.80M 147.66M 120.91M 109.83M 93.68M 113.53M 125.08M 86.86M 52.83M 61.29M 42.65M
Total Equity 905.37M 1,222.09M 1,196.32M 1,126.29M 1,081.13M 869.57M 718.16M 628.37M 590.75M 573.58M 546.91M 481.30M 443.57M 375.21M 301.44M 289.09M 247.88M 217.50M 194.95M 127.78M 97.94M 154.16M 126.59M 114.53M 97.58M 116.81M 127.69M 88.60M 53.50M 61.95M 42.80M
Total Liabilities & Equity 2,420.41M 2,718.00M 2,694.44M 2,585.45M 2,292.37M 1,959.48M 1,702.47M 1,608.51M 1,501.91M 1,453.77M 1,388.11M 1,297.28M 1,243.03M 1,129.35M 959.03M 829.90M 761.41M 656.21M 531.43M 385.28M 291.34M 440.64M 355.17M 336.55M 248.70M 233.64M 245.67M 178.10M 120.32M 131.44M 102.67M
Tangible Assets 2,894.37M 2,973.40M 2,882.66M 2,647.85M 2,517.23M 2,241.16M 2,041.50M 1,813.15M 1,798.66M 1,719.74M 1,639.95M 1,615.26M 1,512.65M 1,462.52M 1,265.23M 1,134.60M 997.51M 896.38M 729.91M 489.87M 394.63M 445.96M 499.17M 504.88M 330.29M 270.70M 277.85M 266.20M 213.30M 241.87M 144.63M
Tangible Equity 631.40M 872.88M 853.87M 812.51M 807.20M 650.11M 488.26M 383.24M 395.41M 411.00M 454.01M 353.83M 353.66M 277.24M 245.06M 247.68M 218.40M 193.78M 176.66M 113.45M 85.97M 140.53M 101.43M 100.35M 87.70M 110.55M 118.39M 80.78M 52.18M 60.41M 41.14M
Tangible Book Value 631,396,791.92 872,876,906.98 853,871,899.61 812,509,932.64 807,202,119.99 650,111,069.36 488,255,525.28 383,235,534.20 395,409,856.31 411,002,733.31 454,009,745.81 353,830,537.94 353,662,385.16 277,237,406.27 245,062,409.66 247,675,853.84 218,399,023.66 193,778,913.10 176,661,059.07 113,450,965.24 85,966,068.38 140,533,747.08 101,431,848.79 100,351,964.63 87,696,596.80 110,549,804.83 118,391,206.99 80,777,841.10 52,175,817.36 60,414,065.12 41,141,658.68
Total Investments 172.73M 169.51M 209.47M 139.57M 130.17M 101.10M 89.95M 88.54M 117.67M 108.34M 84.01M 65.58M 69.42M 59.24M 55.77M 71.35M 63.05M 65.81M 55.31M 26.73M 20.05M 25.80M 11.09M 12.59M 8.54M 8.20M 7.72M 8.00M 0.83M 4.62M 2.86M
Net Debt 684.66M 516.68M 615.12M 601.07M 376.48M 341.82M 340.76M 387.51M 364.57M 400.84M 419.22M 360.90M 381.37M 363.30M 315.42M 244.82M 246.32M 192.72M 119.91M 112.08M 85.16M 151.37M 101.45M 111.64M 77.43M 60.29M 61.31M 35.14M 27.34M 24.32M 26.96M

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 390.24M 281.03M 348.60M 229.41M 291.71M 325.09M 274.29M 149.85M 173.87M 49.04M 98.45M 126.83M 108.74M 78.12M 31.25M 46.51M 53.72M 17.36M 31.11M 35.13M 9.19M 31.04M 69.06M 55.28M 5.50M 11.09M 54.67M 57.21M 24.34M 49.77M 23.48M
Total Capital 2,762.54M 2,732.32M 2,712.29M 2,566.74M 2,368.86M 1,909.64M 1,844.41M 1,710.58M 1,610.62M 1,565.32M 1,423.02M 1,405.53M 1,326.96M 1,194.57M 1,051.10M 943.09M 857.95M 722.59M 593.48M 452.78M 353.48M 485.41M 437.74M 427.59M 298.82M 256.01M 283.01M 240.09M 179.58M 208.96M 126.49M
Capital Employed 2,747.76M 2,774.19M 2,872.73M 2,871.00M 2,458.04M 2,067.20M 1,865.63M 1,679.52M 1,593.85M 1,561.43M 1,487.58M 1,425.22M 1,317.82M 1,312.49M 1,048.55M 970.92M 923.83M 795.96M 754.63M 511.34M 369.78M 521.21M 540.82M 526.75M 337.57M 252.72M 269.24M 287.79M 217.82M 231.11M 110.80M
Invested Capital 2,541.43M 2,472.21M 2,447.01M 2,365.23M 2,100.48M 1,645.89M 1,650.28M 1,553.38M 1,443.17M 1,428.90M 1,298.95M 1,274.86M 1,207.19M 1,071.35M 933.16M 842.93M 775.02M 654.31M 532.26M 411.89M 323.28M 448.53M 394.16M 397.44M 269.94M 236.28M 264.03M 222.64M 167.30M 194.64M 116.70M

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 73.45M 138.85M 132.63M 128.30M 124.48M 97.17M 94.72M 87.00M 82.27M 77.32M 67.33M 66.06M 62.60M 64.14M 53.01M 45.97M 35.77M 34.51M 26.06M 18.44M 15.53M 23.74M 24.33M 19.53M 13.81M 11.66M 10.93M 8.26M 32.00M 29.55M 40.93M
Deferred Income Tax 0.00M 0.00M -0.01M 0.07M 0.93M 0.61M -0.07M -0.05M -0.14M -0.51M -0.48M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1.31M 0.90M 1.19M
Stock-Based Compensation 0.00M 0.98M 1.26M 1.14M 0.92M 0.42M 0.50M 0.50M 0.26M 0.43M 0.28M 0.21M 0.29M 0.07M 0.03M 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 0.00M 0.00M 0.00M
Change in Working Capital -7.02M -10.76M -19.17M -53.31M -32.55M -3.00M -8.28M -22.72M -29.47M -9.75M -7.99M -11.13M -18.13M -5.88M -19.16M -13.03M -2.29M -10.62M -6.72M -5.40M -4.02M -3.21M -1.26M -1.99M -1.50M -5.66M -4.70M -1.29M 2.75M -0.22M -0.31M
Accounts Receivable -2.85M -3.03M -16.40M -18.93M -13.54M -6.52M -3.87M -15.99M -21.31M -10.42M -2.93M -8.00M -12.95M -3.96M 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
Inventory 0.07M -3.80M 3.04M -43.29M -26.58M 3.65M -4.63M -12.40M -8.03M -1.69M 0.59M -7.28M -1.65M -0.99M -11.78M -6.66M 0.37M -11.99M -4.14M -2.36M -2.73M -2.42M 0.19M -1.64M -0.69M -1.44M -0.58M -1.66M -0.25M -0.86M -4.74M
Accounts Payable 0.00M 2.56M -1.01M 13.51M 21.73M -0.26M 3.65M 11.20M 10.35M 4.78M 1.66M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 0.67M -1.76M -3.33M -7.00M -2.95M 2.09M -0.22M -6.39M -11.66M -5.14M -3.11M -1.37M -6.10M -3.11M -5.86M -4.14M -4.32M 2.88M -2.05M -0.31M 0.14M 1.57M -1.77M -1.08M -0.99M -1.63M -2.03M 0.63M 3.29M 3.25M 3.31M
Other Non-Cash Items -3.37M 41.26M 15.35M -0.17M 10.23M 24.09M 13.25M 10.36M 4.48M 10.37M 11.86M 11.18M 19.93M 10.59M 10.09M 12.69M 4.36M 1.69M 0.23M 3.35M 3.64M 1.24M 2.04M 6.82M 2.64M 0.49M 1.03M -0.66M -1.07M -4.01M -4.97M
Net Cash from Operating Activities 245.98M 310.64M 283.44M 243.52M 349.92M 283.05M 258.03M 213.51M 174.79M 198.39M 158.93M 159.74M 143.19M 141.58M 111.09M 114.19M 95.85M 82.62M 96.24M 76.06M 44.96M 69.21M 80.49M 48.68M 48.78M 29.39M 30.94M 28.80M 99.12M 96.96M 112.50M
Capital Expenditures (PPE) -117.24M -186.30M -169.87M -180.85M -149.68M -106.57M -110.63M -93.10M -79.48M -79.93M -95.87M -92.45M -85.59M -77.51M -79.04M -79.07M -67.09M -96.20M -64.73M -37.98M -30.69M -43.23M -40.76M -35.07M -22.85M -17.35M -15.18M -23.77M -53.81M -48.19M -65.43M
Acquisitions (Net) -0.72M -23.64M -9.79M -5.31M -11.55M 1.80M -2.58M -10.07M -5.93M -6.29M -5.08M -1.52M -7.22M -2.92M -3.05M -0.50M -0.44M -0.05M -1.39M 0.19M -0.01M -0.19M 0.01M 0.59M -1.56M 0.01M 0.06M 0.01M -0.03M -1.26M 0.00M
Purchases of Investments -17.45M -42.90M -52.55M -53.95M -77.14M -50.68M -37.87M -31.61M -18.50M -11.12M -8.77M -9.32M -6.33M -6.30M -4.70M -14.97M -9.20M -8.05M -6.95M -2.27M -1.83M -3.75M -2.17M -1.08M -2.01M -2.58M -0.65M -0.43M 0.00M 0.00M -0.06M
Sales / Maturities of Investments 14.66M 59.41M 57.64M 54.58M 54.39M 37.30M 37.65M 26.50M 18.16M 11.61M 10.63M 7.71M 5.81M 5.11M 6.27M 7.24M 4.56M 10.01M 4.41M 1.88M 0.78M 0.82M 0.72M 1.04M 3.22M 1.39M 0.48M 0.28M 0.00M 0.00M 0.00M
Other Investing Activities 8.51M 11.60M 12.59M 8.99M 9.24M 4.92M 7.34M 5.10M 4.90M 4.81M 4.57M 4.57M 5.15M 2.42M 3.88M 0.26M 1.76M 1.19M -0.74M -0.15M 0.34M 1.39M 0.80M 0.02M -2.21M -1.14M 2.03M 0.03M 2.80M 7.00M 5.53M
Net Cash from Investing Activities -168.39M -214.54M -164.74M -168.01M -159.82M -143.50M -103.15M -109.57M -98.78M -90.97M -83.90M -91.01M -93.77M -87.50M -98.87M -96.26M -80.84M -111.74M -82.84M -52.23M -29.28M -43.89M -36.41M -42.03M -42.88M -20.14M -14.57M -14.94M -52.03M -22.11M -58.84M
Net Debt Issuance -7.39M 16.47M 62.00M 17.24M 0.57M -14.13M -30.52M -10.17M -22.85M -16.81M -5.92M -8.70M 17.23M -2.32M 24.72M 3.45M 15.70M 26.71M 11.47M -3.49M -0.17M 2.87M -1.81M 1.50M 7.77M 5.75M 5.48M 6.48M 23.19M -6.26M 27.34M
Long-Term Debt Issuance 4.34M 24.44M 58.13M 26.64M 3.92M -4.04M -12.24M -9.13M -2.11M -8.67M 3.20M -2.33M 28.06M 6.33M 25.01M 18.62M 25.04M 20.64M 20.54M -1.92M 1.38M 10.14M 3.57M 1.95M 7.06M 5.57M 5.91M 6.24M 34.24M -6.26M 27.34M
Short-Term Debt Issuance -9.63M -6.63M -0.67M -2.87M -5.91M -3.43M -7.62M -2.23M -6.59M -0.93M -1.15M -1.06M -0.64M -1.47M 0.12M -2.20M -0.72M 2.35M -0.04M -0.29M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -0.83M -6.72M -4.29M -7.09M -2.63M -2.16M -0.66M -1.03M -0.01M -0.49M -0.01M 0.00M 0.00M 0.00M 0.00M 0.03M 0.36M -0.19M 0.54M 0.17M 0.09M 0.81M 0.35M 0.10M 0.15M 0.01M 0.00M 0.00M -3.03M 0.63M 0.05M
Common Stock Issuance 0.00M 0.39M 0.00M 0.21M 0.37M 0.12M 0.10M 0.41M 0.16M 0.09M 0.02M 0.20M 0.01M 0.08M 0.08M 0.95M 1.37M 0.23M 1.41M 0.75M 0.61M 1.75M 1.23M 0.26M 0.40M 0.49M 0.06M 0.02M 0.08M 0.63M 0.11M
Common Stock Repurchased -0.53M -7.06M -5.64M -7.89M -2.76M -3.19M -0.95M -1.68M -0.39M -0.72M -0.07M -0.07M -0.01M 0.00M -0.01M 0.00M -0.02M -0.66M -0.27M -0.01M 0.00M 0.00M 0.00M -0.02M -0.26M -0.14M 0.00M 0.00M -0.03M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -29.84M -53.48M -60.66M -67.17M -56.19M -57.78M -47.21M -44.18M -42.59M -40.98M -51.39M -45.71M -41.97M -35.72M -26.41M -25.42M -15.79M -23.54M -17.54M -11.33M -8.65M -14.40M -13.16M -11.58M -8.65M -5.46M -5.76M -7.08M -2.87M -12.48M -16.37M
Common Dividends Paid -27.54M -52.82M -59.20M -67.28M -59.56M -56.19M -50.41M -44.94M -41.87M -39.52M -49.84M -43.98M -40.96M -29.23M -25.46M -24.01M -14.79M -22.39M -16.18M -11.20M -7.42M -12.78M -13.16M -11.58M -8.65M -5.46M -5.76M -7.08M -2.87M -12.48M -16.37M
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 -14.16M -27.75M -27.81M -12.70M -21.45M -14.85M -17.47M -7.04M -13.22M -7.52M -4.71M -7.68M -6.53M -7.83M -5.94M -4.97M -5.66M -0.77M 0.46M -0.04M -0.24M 1.32M 0.81M 1.18M 1.13M 6.22M 2.84M -0.21M -2.11M -1.00M 2.54M
Net Cash from Financing Activities -92.90M -94.69M -63.35M -98.12M -123.28M -92.56M -104.20M -69.84M -58.19M -72.25M -62.69M -70.83M -30.41M -54.74M 2.01M -0.16M 4.17M 29.03M -5.55M -18.06M -3.82M -0.52M -8.01M -19.51M 4.08M 8.51M -1.23M -2.73M -10.08M -27.39M -44.45M
Effect of FX on Cash -0.73M 0.15M -0.28M 0.14M 0.14M -0.46M -0.06M 0.16M -0.37M 0.01M 0.15M 0.01M -0.12M -0.03M -0.04M 0.00M -0.03M -0.04M -0.02M -0.01M 0.01M -0.01M -0.01M -0.01M 0.00M 0.00M 0.00M 0.00M -0.02M -9.03M -0.96M
Net Change in Cash -22.90M -5.62M 16.43M -19.88M 5.36M 26.58M 23.14M 4.66M 10.10M 12.60M 8.39M 13.44M 2.06M -5.24M 6.17M 6.58M 16.75M 5.82M 11.07M 2.61M 1.69M 0.21M 9.23M -2.79M 7.39M 1.17M 0.39M 1.43M -1.86M -5.82M -15.03M
Cash at Beginning of Period 172.65M 269.75M 217.70M 255.03M 268.50M 187.55M 151.99M 162.19M 137.79M 114.00M 124.87M 117.80M 128.26M 140.28M 97.80M 99.18M 75.62M 66.10M 49.08M 44.97M 23.76M 32.62M 28.15M 34.17M 17.40M 16.86M 17.41M 13.63M 19.14M 11.30M 13.27M
Cash at End of Period 240.93M 248.89M 270.06M 198.20M 258.03M 252.69M 189.87M 153.56M 165.28M 141.71M 113.89M 130.30M 117.81M 125.77M 117.24M 100.45M 98.87M 71.98M 68.04M 46.29M 29.80M 35.21M 40.52M 28.94M 26.22M 21.11M 18.75M 14.02M 24.35M 2.57M 7.88M
Operating Cash Flow 246.27M 304.46M 281.98M 244.92M 349.97M 283.05M 258.03M 213.51M 174.79M 198.39M 158.93M 159.74M 143.19M 141.58M 111.09M 114.19M 95.85M 82.62M 96.24M 76.06M 44.96M 69.21M 80.49M 48.68M 48.78M 29.39M 30.94M 28.80M 100.26M 96.96M 112.50M
Capital Expenditure -120.47M -190.22M -176.87M -180.97M -149.89M -106.61M -110.34M -93.21M -75.85M -79.45M -93.85M -92.66M -85.77M -73.63M -79.07M -79.33M -67.80M -96.20M -64.73M -37.98M -30.68M -43.16M -40.76M -35.07M -22.85M -17.35M -15.18M -23.77M -55.53M -49.08M -65.43M
Free Cash Flow 107.88M 91.34M 105.16M 42.19M 199.41M 153.71M 145.95M 115.98M 102.71M 110.99M 75.04M 81.96M 57.64M 54.25M 29.89M 32.56M 30.95M -8.93M 34.10M 32.41M 13.45M 29.11M 32.83M 20.79M 27.96M 4.35M 4.62M 1.36M 24.77M 26.13M 49.92M

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 396.51M 358.86M 392.17M 415.55M 463.54M 382.45M 344.12M 316.51M 275.21M 248.63M 198.53M 212.49M 204.13M 192.32M 178.44M 141.61M 122.94M 109.13M 112.82M 82.20M 61.08M 102.72M 83.28M 61.59M 34.09M 42.56M 38.66M 36.48M 25.58M 25.03M 21.89M
(-) Tax Adjustment 99.46M 95.72M 96.51M 85.85M 95.54M 80.74M 74.23M 66.42M 57.52M 58.49M 47.21M 45.38M 49.46M 43.02M 37.77M 29.30M 23.19M 28.24M 26.28M 15.65M 17.17M 31.21M 24.12M 19.06M 9.18M 19.50M 14.14M 13.34M 7.84M 7.51M 7.76M
(-) Change In Working Capital -7.02M -10.76M -19.17M -53.31M -32.55M -3.00M -8.28M -22.72M -29.47M -9.75M -7.99M -11.13M -18.13M -5.88M -19.16M -13.03M -2.29M -10.62M -6.72M -5.40M -4.02M -3.21M -1.26M -1.99M -1.50M -5.66M -4.70M -1.29M 2.75M -0.22M -0.31M
(-) Capital Expenditure 120.47M 190.22M 176.87M 180.97M 149.89M 106.61M 110.34M 93.21M 75.85M 79.45M 93.85M 92.66M 85.77M 73.63M 79.07M 79.33M 67.80M 96.20M 64.73M 37.98M 30.68M 43.16M 40.76M 35.07M 22.85M 17.35M 15.18M 23.77M 55.53M 49.08M 65.43M
Unlevered Free Cash Flow 183.60M 83.68M 137.96M 202.04M 250.66M 198.10M 167.83M 179.60M 171.31M 120.44M 65.46M 85.58M 87.02M 81.57M 80.77M 46.01M 34.24M -4.69M 28.52M 33.97M 17.25M 31.56M 19.66M 9.45M 3.55M 11.37M 14.05M 0.66M -40.55M -31.34M -50.99M
(-) Net Interest Income After Taxes -27.13M -23.48M -22.07M -20.25M -17.46M -17.91M -19.59M -20.60M -19.60M -20.33M -18.87M -19.19M -19.64M -22.12M -20.14M -15.68M -14.63M -11.23M -7.29M -4.85M -3.61M -4.09M -3.56M -2.23M -1.45M -1.00M -0.83M -0.49M -0.19M -0.27M -0.09M
Net Debt Issuance -7.39M 16.47M 62.00M 17.24M 0.57M -14.13M -30.52M -10.17M -22.85M -16.81M -5.92M -8.70M 17.23M -2.32M 24.72M 3.45M 15.70M 26.71M 11.47M -3.49M -0.17M 2.87M -1.81M 1.50M 7.77M 5.75M 5.48M 6.48M 23.19M -6.26M 27.34M
Levered Free Cash Flow 203.34M 123.63M 222.03M 239.52M 268.68M 201.88M 156.90M 190.03M 168.06M 123.97M 78.42M 96.07M 123.89M 101.37M 125.64M 65.13M 64.57M 33.25M 47.28M 35.33M 20.69M 38.52M 21.41M 13.18M 12.77M 18.12M 20.36M 7.63M -17.16M -37.33M -23.56M