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Definitive Analysis

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Page: Industry Financials

3485.TWO

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 68.76 70.49 56.71 46.08 62.94 45.92 42.50 33.17 41.29 36.47 28.62 35.16 38.02 27.20 20.83 22.72 17.22 15.98 27.82 20.42 13.64 14.29 10.74 8.94 6.02 5.77 5.33 4.94 6.35 5.65 4.52
Market Capitalization 14,877.87M 12,508.70M 11,026.96M 9,746.84M 11,875.68M 7,995.74M 7,604.29M 6,873.58M 7,210.13M 5,191.97M 5,626.69M 5,461.52M 4,525.02M 3,472.81M 3,267.79M 3,726.87M 2,658.42M 2,416.11M 4,189.64M 2,324.37M 1,437.65M 1,077.38M 770.80M 660.36M 555.48M 568.32M 407.75M 385.00M 462.20M 444.43M 359.97M
(-) Cash & Equivalents 792.81M 1,069.80M 1,085.07M 923.62M 897.59M 873.06M 713.89M 740.88M 764.80M 810.17M 704.16M 665.85M 608.95M 512.45M 503.26M 528.67M 500.50M 352.23M 305.62M 210.62M 186.41M 133.45M 100.16M 81.13M 52.20M 48.18M 28.21M 27.25M 23.61M 15.71M 11.98M
(+) Total Debt 1,957.13M 1,721.15M 1,738.31M 1,646.69M 1,623.78M 1,604.78M 1,352.11M 1,211.80M 1,271.51M 1,189.56M 1,220.23M 993.08M 937.59M 879.92M 779.30M 623.48M 640.64M 553.15M 557.60M 414.54M 351.55M 274.87M 209.93M 194.21M 191.18M 161.72M 125.02M 100.68M 77.81M 69.88M 49.21M
Enterprise Value 15,969,965,644.67 13,318,709,671.78 11,080,432,200.50 9,861,643,064.34 11,870,140,239.20 8,743,730,991.85 8,241,866,313.79 7,128,984,501.28 7,797,349,282.99 6,158,921,042.72 6,434,086,849.14 6,253,716,612.94 5,448,626,068.69 4,172,201,452.08 3,715,457,499.01 4,109,692,001.58 3,061,271,624.11 2,968,834,741.90 4,347,181,148.67 2,643,047,256.44 1,728,990,969.76 1,263,151,579.39 957,757,458.26 890,161,662.45 728,282,135.69 723,132,280.31 550,828,585.39 482,536,278.21 543,986,809.63 489,818,515.62 403,268,740.43

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 6,708.19M 6,500.00M 6,583.29M 5,938.75M 5,186.20M 4,842.72M 4,980.71M 4,943.32M 4,662.48M 4,412.89M 4,548.01M 4,125.40M 3,775.24M 3,484.69M 3,215.65M 3,358.62M 3,164.84M 3,610.26M 3,250.32M 2,068.82M 1,754.38M 1,297.46M 1,265.95M 1,239.49M 611.08M 551.02M 408.31M 351.30M 330.97M 320.38M 266.27M
Cost of Revenue 4,721.72M 4,390.17M 4,219.97M 4,278.38M 3,658.19M 3,575.47M 3,691.11M 3,662.00M 3,465.03M 3,079.55M 3,274.72M 2,869.05M 2,538.85M 2,362.29M 2,223.39M 2,179.78M 2,179.65M 2,418.34M 2,246.63M 1,349.76M 1,128.19M 815.55M 736.15M 712.79M 357.35M 324.55M 232.71M 210.18M 192.38M 157.54M 116.34M
Gross Profit 1,986.47M 2,109.83M 2,363.32M 1,660.37M 1,528.02M 1,267.25M 1,289.61M 1,281.32M 1,197.45M 1,333.34M 1,273.30M 1,256.35M 1,236.39M 1,122.40M 992.25M 1,178.85M 985.20M 1,191.91M 1,003.69M 719.06M 626.19M 481.92M 529.80M 526.71M 253.73M 226.47M 175.60M 141.12M 138.59M 162.84M 149.93M
Gross Margin 29.6% 32.5% 35.9% 28.0% 29.5% 26.2% 25.9% 25.9% 25.7% 30.2% 28.0% 30.5% 32.8% 32.2% 30.9% 35.1% 31.1% 33.0% 30.9% 34.8% 35.7% 37.1% 41.8% 42.5% 41.5% 41.1% 43.0% 40.2% 41.9% 50.8% 56.3%
R&D Expenses 115.63M 155.11M 134.13M 120.81M 115.34M 114.53M 105.15M 98.90M 90.83M 87.17M 78.26M 72.78M 67.62M 48.30M 35.96M 36.82M 25.39M 20.67M 18.15M 9.58M 7.57M 5.25M 1.61M 1.38M 0.00M 0.00M 0.00M 0.45M 0.40M 0.00M 0.00M
SG&A Expenses 861.55M 743.76M 677.71M 620.49M 638.80M 585.70M 620.39M 598.16M 582.13M 552.42M 578.95M 565.32M 514.04M 404.70M 326.65M 328.02M 297.03M 346.82M 325.25M 224.48M 204.46M 162.73M 152.60M 148.42M 82.16M 82.89M 70.98M 50.51M 51.03M 44.14M 30.33M
Operating Expenses 977.18M 898.87M 811.83M 741.31M 754.14M 700.23M 725.55M 697.06M 672.97M 639.59M 657.21M 638.09M 581.66M 452.99M 362.61M 364.84M 322.42M 367.49M 343.40M 234.06M 212.03M 167.98M 154.20M 149.80M 82.16M 82.89M 70.98M 50.96M 51.42M 44.14M 30.33M
Operating Income 1,009.30M 1,210.96M 1,551.49M 919.06M 773.87M 567.03M 564.06M 584.26M 524.48M 693.74M 616.08M 618.26M 654.73M 669.40M 629.64M 814.01M 662.78M 824.42M 660.29M 485.00M 414.15M 313.94M 375.59M 376.91M 171.57M 143.58M 104.62M 90.16M 87.16M 118.70M 119.60M
Operating Margin 15.0% 18.6% 23.6% 15.5% 14.9% 11.7% 11.3% 11.8% 11.2% 15.7% 13.5% 15.0% 17.3% 19.2% 19.6% 24.2% 20.9% 22.8% 20.3% 23.4% 23.6% 24.2% 29.7% 30.4% 28.1% 26.1% 25.6% 25.7% 26.3% 37.1% 44.9%
Interest Income 26.18M 30.57M 27.90M 17.69M 14.25M 11.18M 14.12M 13.34M 10.82M 8.93M 12.88M 12.16M 9.40M 10.49M 10.10M 7.79M 9.42M 11.27M 11.75M 5.46M 3.45M 2.32M 1.27M 1.51M 0.89M 0.55M 0.04M 0.00M 0.00M 0.00M 0.00M
Interest Expense 73.19M 71.17M 71.28M 50.48M 50.29M 52.75M 50.27M 51.53M 44.78M 40.48M 44.23M 40.72M 39.41M 40.25M 37.07M 36.23M 34.68M 42.02M 31.22M 14.41M 11.96M 10.10M 4.12M 4.40M 3.10M 2.80M 0.85M 1.12M 1.03M 1.01M 1.08M
Net Interest Income -47.00M -40.60M -43.38M -32.79M -36.04M -41.57M -36.15M -38.20M -33.97M -31.55M -31.34M -28.56M -30.01M -29.75M -26.96M -28.43M -25.25M -30.75M -19.47M -8.95M -8.51M -7.78M -2.86M -2.89M -2.21M -2.25M -0.81M -1.12M -1.03M -1.01M -1.08M
Other Income / Expense -234.37M -537.06M -944.25M -391.64M -283.78M -193.78M -128.21M -133.85M -88.27M -333.53M -274.72M -249.68M -319.32M -371.80M -320.12M -547.75M -447.04M -531.69M -365.46M -311.83M -298.46M -247.21M -314.03M -326.95M -136.82M -107.32M -77.35M -63.17M -53.11M -88.56M -96.69M
Pre-Tax Income 727.93M 633.30M 563.87M 494.64M 454.05M 331.68M 399.71M 412.22M 402.25M 328.67M 310.03M 340.02M 305.40M 267.85M 282.56M 237.83M 190.48M 261.98M 275.35M 164.21M 107.18M 58.95M 58.70M 47.07M 32.54M 34.02M 26.46M 25.87M 33.02M 29.13M 21.83M
Pre-Tax Margin 10.9% 9.7% 8.6% 8.3% 8.8% 6.8% 8.0% 8.3% 8.6% 7.4% 6.8% 8.2% 8.1% 7.7% 8.8% 7.1% 6.0% 7.3% 8.5% 7.9% 6.1% 4.5% 4.6% 3.8% 5.3% 6.2% 6.5% 7.4% 10.0% 9.1% 8.2%
Income Tax Expense 153.98M 131.53M 119.71M 107.26M 96.41M 79.73M 93.12M 93.33M 89.39M 84.58M 89.62M 83.22M 74.74M 80.32M 77.96M 63.31M 50.26M 77.53M 90.20M 54.62M 37.63M 18.37M 14.03M 12.78M 11.81M 12.24M 10.15M 10.01M 11.59M 9.85M 6.98M
Tax Rate 21.2% 20.8% 21.2% 21.7% 21.2% 24.0% 23.3% 22.6% 22.2% 25.7% 28.9% 24.5% 24.5% 30.0% 27.6% 26.6% 26.4% 29.6% 32.8% 33.3% 35.0% 31.2% 23.9% 27.2% 35.0% 35.0% 35.0% 35.0% 35.0% 33.8% 32.0%
Net Income 573.95M 501.77M 444.16M 387.38M 357.64M 251.96M 306.58M 318.89M 312.86M 244.08M 220.41M 256.80M 230.66M 187.53M 204.60M 174.52M 140.22M 184.45M 185.16M 109.59M 69.55M 40.58M 44.67M 34.29M 20.73M 21.77M 16.30M 15.86M 21.43M 19.29M 14.85M
Net Margin 8.6% 7.7% 6.7% 6.5% 6.9% 5.2% 6.2% 6.5% 6.7% 5.5% 4.8% 6.2% 6.1% 5.4% 6.4% 5.2% 4.4% 5.1% 5.7% 5.3% 4.0% 3.1% 3.5% 2.8% 3.4% 4.0% 4.0% 4.5% 6.5% 6.0% 5.6%
EBIT 1,009.30M 1,210.96M 1,551.49M 919.06M 773.87M 567.03M 564.06M 584.26M 524.48M 693.74M 616.08M 618.26M 654.73M 669.40M 629.64M 814.01M 662.78M 824.42M 660.29M 485.00M 414.15M 313.94M 375.59M 376.91M 171.57M 143.58M 104.62M 90.16M 87.16M 118.70M 119.60M
Depreciation & Amortization 215.02M 242.08M 230.72M 216.26M 206.75M 197.95M 186.84M 165.40M 157.05M 145.35M 150.40M 133.90M 122.09M 114.70M 97.05M 99.77M 105.62M 100.63M 85.92M 57.69M 52.01M 43.04M 49.81M 48.20M 26.88M 21.22M 17.30M 15.11M 13.76M 11.06M 6.80M
EBITDA 1,224.32M 1,453.04M 1,782.21M 1,135.32M 980.62M 764.97M 750.90M 749.66M 681.53M 839.10M 766.48M 752.15M 776.83M 784.11M 726.69M 913.78M 768.40M 925.05M 746.21M 542.69M 466.16M 356.98M 425.40M 425.11M 198.45M 164.80M 121.92M 105.27M 100.93M 129.76M 126.40M
EBITDA Margin 18.3% 22.4% 27.1% 19.1% 18.9% 15.8% 15.1% 15.2% 14.6% 19.0% 16.9% 18.2% 20.6% 22.5% 22.6% 27.2% 24.3% 25.6% 23.0% 26.2% 26.6% 27.5% 33.6% 34.3% 32.5% 29.9% 29.9% 30.0% 30.5% 40.5% 47.5%
NOPAT 795.80M 959.46M 1,222.11M 719.78M 609.56M 430.73M 432.65M 451.98M 407.93M 515.21M 438.00M 466.94M 494.50M 468.67M 455.92M 597.33M 487.89M 580.44M 444.00M 323.69M 269.20M 216.11M 285.82M 274.55M 111.52M 93.33M 68.00M 58.60M 56.66M 78.58M 81.35M
NOPAT Margin 11.9% 14.8% 18.6% 12.1% 11.8% 8.9% 8.7% 9.1% 8.7% 11.7% 9.6% 11.3% 13.1% 13.4% 14.2% 17.8% 15.4% 16.1% 13.7% 15.6% 15.3% 16.7% 22.6% 22.2% 18.2% 16.9% 16.7% 16.7% 17.1% 24.5% 30.6%
Owner's Earnings 788.97M 743.86M 674.88M 603.64M 564.39M 449.90M 493.42M 484.29M 469.91M 389.44M 370.81M 390.70M 352.76M 302.23M 301.65M 274.29M 245.84M 285.07M 271.08M 167.28M 121.56M 83.62M 94.48M 82.48M 47.61M 42.99M 33.60M 30.98M 35.19M 30.35M 21.65M
Owner's Earnings Margin 11.8% 11.4% 10.3% 10.2% 10.9% 9.3% 9.9% 9.8% 10.1% 8.8% 8.2% 9.5% 9.3% 8.7% 9.4% 8.2% 7.8% 7.9% 8.3% 8.1% 6.9% 6.4% 7.5% 6.7% 7.8% 7.8% 8.2% 8.8% 10.6% 9.5% 8.1%
EPS 1.14 1.16 0.83 0.87 0.87 0.63 0.88 0.86 0.87 0.82 0.63 0.87 0.79 0.51 0.54 0.46 0.41 0.68 0.81 0.49 0.31 0.17 0.18 0.14 0.07 0.07 0.06 0.06 0.08 0.08 0.06
EPS (Diluted) 1.14 1.16 0.83 0.87 0.87 0.63 0.88 0.86 0.87 0.82 0.63 0.87 0.79 0.51 0.54 0.46 0.41 0.68 0.81 0.49 0.31 0.17 0.18 0.14 0.07 0.07 0.06 0.06 0.08 0.08 0.06
Shares (Diluted) 503.88M 431.95M 535.91M 446.25M 409.36M 401.08M 347.14M 370.52M 361.55M 297.41M 352.02M 295.26M 293.78M 366.11M 375.44M 379.32M 340.53M 271.09M 228.42M 224.04M 227.36M 237.58M 249.29M 243.94M 295.00M 321.15M 271.76M 256.36M 256.46M 249.33M 267.21M

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 750.21M 1,069.80M 1,085.07M 923.65M 897.62M 873.09M 713.89M 740.88M 764.80M 815.97M 709.06M 683.51M 608.95M 515.63M 503.26M 528.67M 500.50M 352.23M 305.62M 210.26M 186.41M 133.45M 100.16M 81.13M 52.65M 48.61M 28.52M 27.71M 23.87M 15.90M 12.24M
Short-Term Investments 100.29M 174.34M 178.02M 158.69M 113.82M 104.89M 101.02M 95.17M 191.11M 141.79M 167.57M 146.97M 131.49M 98.92M 46.51M 74.02M 42.53M 33.37M 33.52M 15.17M 13.76M 8.54M 15.72M 11.41M 9.08M 5.88M 1.71M 1.91M 1.16M 0.34M 0.57M
Cash & Short-Term Investments 850.49M 1,244.15M 1,263.09M 1,082.34M 1,011.43M 977.98M 814.92M 836.05M 955.91M 957.75M 876.63M 830.48M 740.44M 614.55M 549.77M 602.69M 543.04M 385.60M 339.14M 225.43M 200.17M 141.99M 115.88M 92.54M 61.73M 54.49M 30.23M 29.62M 25.03M 16.25M 12.80M
Net Receivables 1,512.27M 1,782.07M 1,623.31M 1,673.94M 1,426.94M 1,306.33M 1,323.30M 1,272.07M 1,158.77M 1,030.55M 1,000.51M 897.45M 842.10M 877.58M 742.09M 711.03M 632.64M 659.96M 674.63M 415.26M 361.96M 202.60M 121.61M 146.59M 92.84M 68.59M 55.20M 71.29M 63.02M 55.96M 41.57M
Inventory 1,207.12M 1,360.62M 1,318.11M 1,179.03M 1,011.98M 815.70M 820.12M 766.72M 771.44M 657.51M 740.76M 722.06M 655.82M 678.84M 642.26M 590.41M 566.02M 651.19M 532.82M 362.68M 303.63M 242.29M 208.73M 207.18M 111.95M 103.00M 79.18M 72.45M 66.36M 56.29M 46.57M
Other Current Assets 210.00M 211.62M 249.84M 253.60M 257.47M 231.70M 205.36M 195.30M 201.67M 199.13M 282.96M 188.85M 228.30M 241.46M 239.28M 165.20M 121.95M 170.99M 119.85M 104.44M 71.48M 56.35M 117.45M 101.98M 24.26M 28.31M 32.44M 29.00M 22.07M 22.44M 13.51M
Total Current Assets 3,779.88M 4,598.46M 4,454.34M 4,188.92M 3,707.82M 3,331.70M 3,163.70M 3,070.14M 3,087.79M 2,844.94M 2,900.86M 2,638.84M 2,466.67M 2,412.44M 2,173.41M 2,069.33M 1,863.65M 1,867.74M 1,666.44M 1,107.80M 937.23M 643.23M 563.66M 548.29M 290.78M 254.39M 197.05M 202.36M 176.47M 150.93M 114.45M
Property, Plant & Equipment 1,228.05M 1,553.84M 1,496.00M 1,261.22M 1,292.50M 1,298.94M 1,300.89M 1,125.25M 1,031.89M 933.56M 920.50M 853.47M 775.20M 765.70M 703.31M 675.87M 655.77M 631.70M 581.98M 392.39M 348.46M 292.35M 292.08M 299.64M 201.75M 158.66M 112.31M 106.14M 93.33M 77.41M 67.49M
Goodwill 1,178.60M 1,034.54M 979.86M 808.35M 817.39M 744.17M 740.77M 703.07M 696.25M 630.59M 561.78M 523.36M 471.64M 411.33M 280.13M 278.44M 228.15M 227.05M 268.09M 212.65M 74.65M 14.65M 0.08M 0.15M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 562.00M 592.13M 559.09M 565.97M 533.13M 487.99M 465.85M 417.29M 407.47M 368.61M 383.82M 282.06M 267.83M 249.94M 227.46M 218.29M 189.67M 197.36M 115.45M 123.44M 90.21M 108.80M 139.98M 121.58M 50.45M 80.47M 42.71M 26.19M 28.38M 24.40M 26.40M
Long-Term Investments 136.69M 132.23M 197.15M 167.19M 167.02M 150.72M 107.11M 95.09M 96.40M 79.87M 102.31M 68.86M 61.40M 57.66M 72.21M 71.63M 56.35M 47.23M 50.01M 53.06M 31.48M 4.14M 0.23M 0.27M 0.16M 0.00M 0.03M 0.01M 0.00M 0.00M 0.01M
Tax Assets 83.89M 148.59M 147.06M 152.80M 143.57M 130.47M 133.19M 108.89M 109.56M 123.11M 104.05M 88.71M 67.65M 63.66M 60.51M 67.77M 66.63M 59.31M 33.57M 24.11M 18.33M 13.04M 16.83M 11.16M 1.72M 0.84M 0.06M 0.13M 0.00M 0.00M 0.00M
Other Non-Current Assets 275.83M 424.38M 278.99M 350.24M 286.55M 270.56M 249.83M 241.18M 248.29M 274.48M 260.04M 248.82M 164.06M 151.49M 110.16M 131.38M 140.06M 178.23M 151.07M 87.61M 101.85M 35.15M 56.32M 46.58M 31.20M 31.95M 19.46M 18.01M 15.61M 11.04M 6.82M
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 3,465.06M 3,885.70M 3,658.16M 3,305.78M 3,240.17M 3,082.85M 2,997.64M 2,690.79M 2,589.86M 2,410.22M 2,332.50M 2,065.29M 1,807.79M 1,699.78M 1,453.78M 1,443.37M 1,336.63M 1,340.87M 1,200.17M 893.27M 664.98M 468.13M 505.53M 479.38M 285.28M 271.92M 174.56M 150.49M 137.31M 112.85M 100.72M
Total Assets 7,244.93M 8,484.16M 8,112.50M 7,494.70M 6,947.99M 6,414.56M 6,161.34M 5,760.93M 5,677.65M 5,255.16M 5,233.35M 4,704.13M 4,274.46M 4,112.22M 3,627.18M 3,512.70M 3,200.28M 3,208.61M 2,866.61M 2,001.07M 1,602.21M 1,111.36M 1,069.19M 1,027.68M 576.06M 526.31M 371.61M 352.85M 313.79M 263.78M 215.17M
Accounts Payable 822.48M 1,081.61M 1,050.63M 1,029.00M 860.18M 727.04M 690.07M 692.45M 677.31M 544.76M 643.47M 621.79M 518.22M 552.98M 515.23M 508.69M 464.73M 473.66M 427.33M 268.25M 207.11M 134.36M 112.40M 100.25M 73.82M 57.78M 41.22M 39.24M 33.00M 31.56M 20.90M
Short-Term Debt 477.02M 309.63M 325.41M 378.14M 252.30M 267.23M 220.24M 226.21M 297.96M 214.10M 245.77M 211.06M 237.24M 203.18M 190.44M 141.74M 168.17M 139.24M 161.14M 115.60M 94.15M 54.94M 45.47M 64.02M 50.88M 50.61M 34.91M 31.66M 21.99M 18.29M 13.23M
Tax Payables 9.09M 66.91M 64.85M 69.16M 65.63M 52.14M 48.41M 52.13M 46.26M 47.23M 40.58M 33.94M 29.09M 31.26M 28.23M 29.45M 21.96M 23.37M 22.44M 16.19M 10.13M 2.22M 1.67M 1.23M 0.59M 0.49M 0.56M 0.63M 0.67M 0.68M 0.79M
Deferred Revenue 273.44M 47.75M 197.46M 455.79M 593.30M 435.21M 320.84M 98.18M 207.74M 206.61M 214.34M 190.06M 173.75M 177.02M 118.17M 124.44M 108.35M 99.38M 85.23M 46.17M 44.08M 21.61M 12.79M 11.92M 11.63M 5.43M 3.89M 2.89M 3.62M 2.90M 1.20M
Other Current Liabilities 474.45M 1,090.11M 703.11M 526.56M 368.80M 320.50M 409.36M 528.38M 474.83M 464.80M 505.17M 436.70M 443.98M 495.06M 441.61M 466.69M 394.20M 425.19M 320.18M 183.69M 162.08M 94.71M 84.06M 63.30M 37.01M 47.02M 38.74M 34.80M 32.45M 27.62M 21.63M
Total Current Liabilities 2,056.49M 2,596.01M 2,341.47M 2,458.65M 2,140.22M 1,802.12M 1,688.92M 1,597.36M 1,704.10M 1,477.50M 1,649.33M 1,493.55M 1,402.28M 1,459.49M 1,293.67M 1,271.01M 1,157.41M 1,160.84M 1,016.32M 629.89M 517.55M 307.84M 256.38M 240.73M 173.94M 161.34M 119.32M 109.21M 91.73M 81.04M 57.75M
Long-Term Debt 1,225.66M 1,180.21M 1,180.80M 1,082.75M 1,078.32M 1,023.87M 884.68M 817.88M 772.74M 822.49M 729.49M 671.39M 590.78M 596.35M 448.12M 444.50M 415.20M 386.39M 327.48M 230.05M 204.17M 192.85M 119.16M 105.98M 131.22M 122.42M 90.87M 69.28M 52.69M 45.28M 33.41M
Capital Lease Obligations 14.65M 132.63M 119.35M 103.21M 102.90M 99.99M 77.30M 3.69M 2.73M 2.73M 1.65M 2.40M 2.52M 0.51M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 97.51M 81.84M 73.09M 70.20M 81.63M 63.21M 61.90M 68.37M 61.75M 60.77M 65.68M 54.00M 48.89M 49.02M 49.28M 41.96M 39.09M 43.42M 50.47M 33.37M 15.99M 14.52M 8.93M 8.05M 3.61M 1.04M 1.18M 0.27M 0.32M 0.47M 0.22M
Other Non-Current Liabilities 364.18M 404.85M 377.09M 381.41M 364.79M 400.29M 374.93M 337.88M 355.92M 353.22M 367.93M 344.57M 273.30M 265.86M 189.85M 160.15M 174.43M 197.23M 142.91M 117.60M 106.97M 96.54M 88.56M 91.77M 29.27M 19.46M 16.27M 13.95M 12.18M 12.83M 11.71M
Total Non-Current Liabilities 1,701.99M 1,799.52M 1,750.33M 1,637.57M 1,627.64M 1,587.36M 1,398.80M 1,227.82M 1,193.14M 1,239.22M 1,164.76M 1,072.36M 915.50M 911.73M 687.25M 646.61M 628.72M 627.05M 520.86M 381.02M 327.14M 303.91M 216.65M 205.80M 164.10M 142.91M 108.32M 83.51M 65.19M 58.58M 45.34M
Total Liabilities 3,758.48M 4,395.53M 4,091.80M 4,096.22M 3,767.86M 3,389.48M 3,087.72M 2,825.18M 2,897.24M 2,716.72M 2,814.09M 2,565.90M 2,317.78M 2,371.22M 1,980.92M 1,917.61M 1,786.14M 1,787.89M 1,537.18M 1,010.91M 844.68M 611.75M 473.03M 446.52M 338.04M 304.26M 227.64M 192.72M 156.93M 139.62M 103.10M
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 0.02M 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 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 212.56M 247.22M 255.32M 253.44M 244.33M 231.23M 240.64M 238.42M 245.75M 190.55M 198.71M 212.42M 200.08M 194.78M 173.51M 167.44M 172.17M 162.03M 151.18M 105.97M 97.72M 67.59M 61.99M 61.17M 37.37M 34.16M 27.97M 19.06M 15.55M 12.50M 11.52M
Retained Earnings 2,281.11M 2,826.52M 2,805.10M 2,478.45M 2,221.72M 2,158.82M 2,066.38M 1,851.72M 1,815.80M 1,632.64M 1,576.56M 1,509.63M 1,257.70M 1,158.53M 1,006.79M 790.71M 720.20M 671.89M 723.67M 459.18M 340.59M 246.64M 197.36M 206.51M 141.87M 140.29M 103.12M 86.89M 68.36M 75.83M 38.88M
Accumulated OCI 257.11M 46.18M 10.58M -5.00M -46.98M -90.01M -73.39M -126.44M -97.48M -150.07M -99.36M -85.21M -46.46M -41.00M -41.02M -38.37M -18.71M 0.00M 0.44M 0.00M 0.00M -0.30M -0.42M -3.96M -7.87M -5.95M -5.14M -13.44M -23.51M -22.16M -17.23M
Minority Interest 54.80M 104.44M 111.77M 102.34M 72.85M 57.73M 59.80M 60.92M 56.24M 38.27M 41.61M 36.05M 37.28M 26.01M 31.72M 33.87M 28.31M 27.16M 15.16M 9.26M 8.79M 5.76M 5.80M 4.84M 3.13M 2.18M 1.02M 0.73M 0.27M 0.07M 0.07M
Total Shareholders’ Equity 2,750.78M 3,119.92M 3,071.00M 2,726.88M 2,419.07M 2,300.04M 2,233.63M 1,963.70M 1,964.07M 1,673.12M 1,675.92M 1,636.85M 1,411.34M 1,312.30M 1,139.29M 919.78M 873.66M 833.92M 875.28M 565.15M 438.32M 313.94M 258.93M 263.72M 171.38M 168.49M 125.95M 92.51M 60.40M 66.17M 33.16M
Total Equity 2,805.58M 3,224.36M 3,182.77M 2,829.22M 2,491.93M 2,357.77M 2,293.43M 2,024.61M 2,020.31M 1,711.40M 1,717.53M 1,672.89M 1,448.62M 1,338.31M 1,171.00M 953.64M 901.97M 861.08M 890.44M 574.42M 447.11M 319.70M 264.73M 268.56M 174.50M 170.68M 126.97M 93.24M 60.67M 66.24M 33.23M
Total Liabilities & Equity 6,564.05M 7,619.90M 7,274.57M 6,925.44M 6,259.78M 5,747.25M 5,381.15M 4,849.79M 4,917.54M 4,428.12M 4,531.62M 4,238.80M 3,766.39M 3,709.54M 3,151.92M 2,871.26M 2,688.10M 2,648.97M 2,427.62M 1,585.32M 1,291.79M 931.45M 737.76M 715.08M 512.54M 474.93M 354.61M 285.96M 217.60M 205.86M 136.33M
Tangible Assets 5,504.33M 6,857.50M 6,573.55M 6,120.38M 5,597.47M 5,182.40M 4,954.71M 4,640.57M 4,573.94M 4,255.96M 4,287.76M 3,898.71M 3,534.98M 3,450.95M 3,119.60M 3,015.97M 2,782.46M 2,784.20M 2,483.07M 1,664.97M 1,437.35M 987.91M 929.13M 905.95M 525.61M 445.84M 328.90M 326.66M 285.41M 239.38M 188.77M
Tangible Equity 1,064.98M 1,597.70M 1,643.82M 1,454.90M 1,141.40M 1,125.61M 1,086.80M 904.25M 916.59M 712.20M 771.93M 867.47M 709.14M 677.05M 663.41M 456.91M 484.15M 436.67M 506.90M 238.32M 282.25M 196.25M 124.67M 146.83M 124.05M 90.21M 84.27M 67.05M 32.29M 41.84M 6.84M
Tangible Book Value 1,064,979,896.15 1,597,697,872.79 1,643,815,182.84 1,454,900,830.10 1,141,402,605.58 1,125,612,794.65 1,086,801,384.16 904,248,312.77 916,594,375.93 712,195,181.49 771,932,972.00 867,473,194.17 709,138,142.83 677,048,738.40 663,414,994.18 456,913,572.55 484,152,021.33 436,667,442.35 506,904,425.18 238,322,092.11 282,254,850.95 196,250,776.89 124,674,155.63 146,833,243.85 124,054,012.33 90,208,972.50 84,265,354.52 67,053,060.63 32,290,020.03 41,837,601.07 6,837,345.45
Total Investments 185.20M 230.31M 291.88M 279.76M 251.72M 228.59M 185.10M 196.26M 192.82M 167.30M 194.57M 141.08M 145.15M 111.76M 114.98M 110.51M 109.24M 116.63M 120.33M 78.30M 66.73M 26.44M 27.07M 23.54M 6.30M 5.68M 2.86M 1.27M 0.30M 0.19M 0.22M
Net Debt 952.47M 420.03M 421.14M 537.24M 433.01M 418.02M 391.03M 303.21M 305.90M 220.62M 266.20M 198.94M 219.08M 283.89M 135.29M 57.57M 82.87M 173.41M 183.00M 135.39M 111.92M 114.34M 64.47M 88.86M 129.45M 124.41M 97.27M 73.23M 50.82M 47.66M 34.41M

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 1,199.65M 1,715.22M 1,542.99M 1,359.66M 1,105.81M 1,059.28M 1,076.15M 1,106.20M 1,185.99M 1,386.00M 1,121.12M 1,130.70M 993.22M 1,012.23M 790.45M 842.72M 687.12M 645.87M 776.19M 453.09M 442.19M 376.47M 373.36M 334.43M 188.65M 182.67M 104.89M 90.67M 97.23M 84.33M 48.52M
Total Capital 5,697.52M 5,561.34M 5,411.95M 5,144.66M 4,940.68M 4,512.08M 4,043.46M 3,847.68M 3,852.80M 3,476.97M 3,556.62M 3,239.33M 2,874.90M 2,658.37M 2,360.29M 2,066.25M 1,969.70M 1,791.38M 1,741.28M 1,331.31M 1,088.62M 793.74M 701.97M 667.94M 526.68M 411.89M 307.78M 268.14M 236.91M 198.09M 135.49M
Capital Employed 6,054.27M 6,771.37M 6,078.78M 5,477.56M 5,228.77M 5,195.98M 4,860.39M 4,393.17M 4,447.21M 4,276.15M 3,700.14M 3,629.68M 3,110.49M 3,007.67M 2,655.52M 2,570.81M 2,597.13M 2,267.87M 2,405.56M 1,562.66M 1,389.73M 1,092.99M 1,139.15M 1,109.08M 653.62M 542.21M 324.24M 277.37M 241.46M 188.91M 153.48M
Invested Capital 4,947.32M 4,491.54M 4,326.88M 4,221.01M 4,043.07M 3,638.99M 3,329.57M 3,106.80M 3,088.00M 2,661.00M 2,847.56M 2,555.82M 2,265.95M 2,142.74M 1,857.03M 1,537.58M 1,469.19M 1,439.15M 1,435.66M 1,121.05M 902.21M 660.29M 601.82M 586.80M 474.03M 363.27M 279.27M 240.44M 213.04M 182.18M 123.26M

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 173.32M 247.96M 232.49M 219.54M 203.37M 197.39M 186.07M 163.55M 157.50M 148.23M 148.71M 135.02M 122.83M 114.80M 97.30M 101.80M 105.72M 101.35M 84.34M 57.52M 51.10M 41.08M 47.36M 46.00M 30.12M 23.67M 18.52M 17.10M 32.30M 26.32M 20.02M
Deferred Income Tax 0.00M 0.00M -5.09M -8.24M -9.11M -5.36M -6.04M 0.59M -0.26M -4.51M -4.82M -1.81M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.26M 0.12M 0.06M 0.11M 0.16M 0.04M 0.07M -0.23M 0.52M
Stock-Based Compensation 7.14M 7.09M 6.55M 7.52M 8.06M 7.54M 7.01M 5.77M 6.69M 5.26M 4.65M 5.31M 3.84M 2.70M 1.89M 1.08M 0.58M 0.43M 0.00M 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 -26.77M -44.01M -63.00M -242.81M -90.84M 37.42M -66.04M -81.55M -53.69M -9.54M -28.67M -34.00M -30.28M -45.54M -95.84M -7.85M 53.78M -25.92M -21.58M -18.79M -20.81M -0.25M 11.65M 14.19M -1.85M -6.50M -6.82M -7.26M -10.83M -6.50M -7.65M
Accounts Receivable -35.67M -64.70M -88.06M -164.43M -104.59M 16.04M -18.58M -64.34M -53.45M -14.20M -10.37M -30.40M -21.57M -6.58M -1.48M -1.60M 5.81M 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
Inventory -21.72M -5.07M -55.77M -172.96M -114.84M 1.70M -35.73M -54.10M -42.19M 8.86M -3.81M -12.48M 13.98M 5.92M -49.26M -8.28M 45.51M -59.66M -33.30M -24.68M -9.02M -11.68M 4.11M 8.33M 0.61M -3.66M 0.39M -2.74M -1.53M -1.60M -4.55M
Accounts Payable 3.29M 20.40M 45.88M 97.47M 100.57M -2.67M -6.56M 44.75M 43.97M 10.03M -0.31M 1.54M 0.69M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 27.50M 2.56M -1.80M 12.23M 24.07M 15.41M -13.04M -4.26M 0.17M -20.96M -25.63M -1.25M -15.63M -22.60M -34.28M -0.44M -16.72M 34.07M 20.45M 5.34M -4.17M 10.16M 3.35M 1.79M -4.41M -1.87M -7.67M -2.51M -4.14M -4.61M -4.07M
Other Non-Cash Items 22.54M -2.94M 12.25M 25.09M 20.41M 33.57M 32.97M 9.56M -26.34M 17.06M -5.48M -23.04M -5.66M -4.73M 1.45M -3.68M -10.71M -23.01M -12.85M -18.77M -6.25M 2.37M 3.34M 13.48M -0.80M -2.62M 1.03M -0.78M -4.18M -3.16M -1.18M
Net Cash from Operating Activities 733.79M 732.19M 645.39M 406.35M 445.74M 502.34M 464.88M 373.58M 405.32M 437.14M 401.94M 376.18M 310.68M 258.55M 228.06M 299.87M 262.05M 262.88M 243.83M 160.15M 121.96M 112.37M 112.22M 115.34M 42.91M 56.77M 30.25M 28.86M 53.65M 56.88M 43.32M
Capital Expenditures (PPE) -191.58M -211.12M -208.25M -203.51M -162.55M -162.46M -189.45M -174.81M -151.67M -130.62M -130.01M -118.69M -120.25M -129.27M -124.84M -113.46M -122.01M -138.05M -104.19M -58.79M -49.39M -40.56M -37.55M -40.29M -27.81M -21.18M -24.15M -25.10M -38.66M -30.30M -21.44M
Acquisitions (Net) -11.21M -66.05M -82.47M -23.11M -53.41M -29.08M -35.54M -44.93M -17.76M -41.37M -29.73M -39.99M -30.81M -30.16M -64.51M -26.68M -11.92M -20.14M -68.90M -28.87M -10.30M -13.20M -2.37M -4.84M -5.18M -2.87M 0.02M 0.00M 0.00M -0.25M -0.14M
Purchases of Investments -26.00M -42.77M -66.81M -82.63M -58.59M -65.11M -57.53M -43.49M -60.14M -72.06M -84.02M -51.69M -37.72M -31.51M -15.52M -17.93M -19.98M -17.80M -15.40M -8.06M -10.42M -2.68M -2.42M -1.96M -3.06M -2.48M -0.81M -1.73M -0.60M 0.00M 0.00M
Sales / Maturities of Investments 23.54M 67.37M 69.44M 97.28M 90.32M 74.96M 58.29M 93.47M 72.67M 77.04M 68.75M 48.55M 37.85M 37.23M 14.96M 15.37M 11.93M 12.64M 21.62M 16.01M 8.48M 6.08M 2.01M 2.27M 2.56M 1.84M 0.78M 2.68M 0.72M 0.65M 1.20M
Other Investing Activities -6.81M 4.97M 7.43M 19.23M 24.57M 10.35M 9.89M 9.24M 8.84M 4.76M 7.84M 8.89M 5.81M 5.53M 0.92M 4.03M 1.70M 8.55M -0.89M 4.49M 4.16M 5.67M 5.60M 4.04M 4.14M 2.12M 1.46M 1.13M -10.44M -2.76M -4.10M
Net Cash from Investing Activities -294.55M -380.36M -356.04M -298.45M -250.26M -220.62M -302.47M -246.27M -154.83M -214.27M -186.51M -194.50M -203.88M -182.98M -243.07M -162.16M -135.34M -169.90M -168.30M -92.35M -82.88M -53.47M -36.37M -44.12M -31.18M -36.24M -42.15M -34.71M -51.36M -60.78M -24.32M
Net Debt Issuance -44.75M 34.42M 22.37M 76.53M -24.48M 70.73M 48.54M -14.93M -7.09M -17.05M 19.42M 27.43M 51.96M 56.26M 65.57M -27.24M 9.36M 48.01M 55.26M 8.17M -3.11M -12.89M -6.43M -2.31M 1.99M 6.19M 5.34M 11.54M 7.62M 6.97M 4.29M
Long-Term Debt Issuance -37.30M 21.47M 37.59M 79.52M 14.98M 72.28M 37.05M 3.64M -5.30M 13.36M 19.57M 13.56M 51.40M 45.80M 71.56M -5.89M 40.10M 42.18M 38.59M 6.84M 0.91M -6.76M -5.48M -2.97M 0.73M 6.82M 4.89M 9.96M 5.60M 0.32M 4.23M
Short-Term Debt Issuance -15.75M -7.24M 2.32M -5.37M -8.85M -4.83M -3.58M -1.21M -1.15M -7.08M -2.79M -4.50M -5.03M 2.00M -0.30M -12.23M -20.23M -1.14M -8.19M -0.31M 0.57M -1.26M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -52.33M -47.40M -26.24M -66.39M -22.05M -19.62M -20.27M -14.31M -6.46M -11.67M -21.55M -13.41M -5.37M -3.06M -4.74M -0.05M 2.78M -13.59M -10.78M -2.42M -3.22M 0.04M 0.28M 1.38M 0.17M -0.09M -0.94M -3.28M -5.58M -0.34M 0.68M
Common Stock Issuance 0.00M 0.00M 0.00M 0.55M 1.27M 0.67M 2.20M 1.34M 1.75M 0.99M 1.39M 1.78M 1.39M 1.14M 0.20M 0.54M 3.67M 1.97M 5.02M 4.73M 4.66M 1.76M 1.24M 1.95M 1.24M 0.53M 0.80M 0.98M 2.92M 2.10M 2.28M
Common Stock Repurchased -56.35M -51.31M -36.13M -67.23M -25.86M -23.68M -21.87M -23.59M -8.87M -13.58M -22.33M -18.55M -4.33M -10.22M -6.11M -0.24M -1.20M -17.73M -14.22M -5.47M -3.97M -0.53M -0.03M -0.04M -0.40M -1.32M -1.54M -4.68M -7.85M -3.37M -0.01M
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 -105.02M -132.40M -131.13M -107.54M -104.43M -94.48M -92.29M -100.47M -87.55M -76.89M -85.84M -71.01M -59.32M -55.78M -57.65M -45.46M -47.87M -48.06M -38.70M -28.39M -15.54M -13.27M -11.41M -13.46M -6.88M -6.15M -5.82M -5.32M -8.07M -7.09M -4.48M
Common Dividends Paid -103.84M -131.87M -130.75M -114.50M -109.12M -95.00M -97.07M -93.06M -77.42M -76.25M -84.78M -70.59M -58.38M -53.18M -52.74M -40.61M -42.22M -39.39M -37.56M -26.07M -14.41M -12.82M -10.25M -12.08M -6.59M -6.03M -5.77M -5.69M -8.07M -7.09M -4.48M
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 -27.12M -32.21M -32.04M -16.22M -12.60M -17.90M -2.91M -7.44M -7.08M -6.85M -5.83M 0.16M 5.80M 0.33M -2.56M 1.16M -2.99M 0.33M -2.06M 1.87M -1.45M -1.59M -0.45M -0.99M 0.11M 0.03M 0.34M 1.37M -0.09M 0.04M 0.07M
Net Cash from Financing Activities -345.57M -295.57M -226.22M -162.57M -166.29M -86.72M -153.17M -167.51M -124.02M -141.90M -116.53M -115.99M -65.38M -56.63M -4.96M -77.62M -18.57M -24.06M -11.08M -30.05M -32.16M -30.83M -15.03M -21.43M -5.38M 1.42M 0.50M 3.32M -12.84M -7.61M -5.03M
Effect of FX on Cash -4.69M 2.62M 0.75M 5.23M 4.20M -9.54M -0.01M -2.66M -0.82M -5.85M -6.00M -1.76M -2.28M -1.80M -2.06M -0.10M -2.58M -2.80M 1.87M 1.22M 0.29M 0.08M 0.68M 1.47M -0.06M -0.20M -0.02M -0.05M -0.59M 0.05M 0.04M
Net Change in Cash 101.70M 31.67M 76.18M -29.24M 36.19M 135.82M 30.31M -12.87M 20.08M 35.74M 23.23M 33.15M 74.19M 27.53M 2.67M 33.48M 85.40M 23.32M 52.83M 16.32M 6.24M 6.86M 14.36M 7.79M 1.37M 9.31M 2.00M 2.37M 1.67M 4.66M 5.54M
Cash at Beginning of Period 705.51M 974.82M 956.43M 881.00M 833.43M 719.02M 696.34M 696.80M 777.02M 667.33M 674.12M 608.77M 496.58M 488.07M 510.58M 496.55M 354.31M 312.06M 267.82M 188.51M 198.52M 104.98M 80.83M 77.81M 58.89M 31.73M 30.98M 24.79M 33.44M 22.64M 13.19M
Cash at End of Period 683.83M 1,021.08M 1,000.66M 901.72M 874.84M 831.51M 698.47M 704.16M 708.96M 785.44M 702.96M 668.50M 606.20M 509.06M 498.20M 518.48M 509.09M 350.90M 310.65M 212.60M 187.74M 124.84M 98.63M 81.34M 52.64M 45.85M 28.74M 27.73M 39.61M 23.09M 20.64M
Operating Cash Flow 732.79M 732.19M 644.40M 406.24M 445.74M 502.04M 464.33M 371.69M 405.32M 437.14M 406.97M 376.18M 310.68M 258.55M 228.06M 299.87M 262.05M 262.88M 243.83M 160.15M 121.96M 112.37M 112.22M 116.36M 42.91M 56.77M 30.25M 29.06M 53.65M 56.88M 43.32M
Capital Expenditure -211.21M -220.68M -211.07M -199.64M -162.55M -162.46M -189.45M -175.11M -151.79M -130.76M -130.06M -118.74M -120.25M -129.27M -124.77M -113.46M -122.01M -137.35M -102.58M -58.81M -49.65M -40.17M -37.22M -40.29M -27.81M -21.18M -24.15M -25.10M -38.66M -31.10M -21.44M
Free Cash Flow 608.18M 499.45M 407.20M 220.24M 253.96M 281.83M 195.00M 193.40M 208.77M 280.90M 233.02M 201.36M 163.80M 142.74M 115.53M 141.74M 146.11M 128.06M 152.91M 98.41M 70.04M 66.07M 61.52M 61.89M 17.66M 24.43M 4.84M 1.91M 19.34M 22.87M 14.25M

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 1,060.28M 917.31M 874.46M 809.91M 719.59M 532.92M 621.48M 648.22M 609.15M 526.93M 488.72M 521.10M 472.66M 438.06M 434.37M 373.42M 317.38M 383.45M 424.82M 268.19M 220.07M 149.46M 152.26M 144.27M 85.22M 72.31M 50.18M 50.03M 49.61M 47.25M 34.04M
(-) Tax Adjustment 224.28M 190.51M 185.65M 175.62M 152.79M 128.10M 144.79M 146.76M 135.37M 135.61M 141.27M 127.54M 115.67M 131.36M 119.85M 99.40M 83.75M 113.48M 139.16M 89.20M 77.26M 46.57M 36.39M 39.18M 30.93M 26.02M 19.26M 19.35M 17.42M 15.97M 10.89M
(-) Change In Working Capital -26.77M -44.01M -63.00M -242.81M -90.84M 37.42M -66.04M -81.55M -53.69M -9.54M -28.67M -34.00M -30.28M -45.54M -95.84M -7.85M 53.78M -25.92M -21.58M -18.79M -20.81M -0.25M 11.65M 14.19M -1.85M -6.50M -6.82M -7.26M -10.83M -6.50M -7.65M
(-) Capital Expenditure 211.21M 220.68M 211.07M 199.64M 162.55M 162.46M 189.45M 175.11M 151.79M 130.76M 130.06M 118.74M 120.25M 129.27M 124.77M 113.46M 122.01M 137.35M 102.58M 58.81M 49.65M 40.17M 37.22M 40.29M 27.81M 21.18M 24.15M 25.10M 38.66M 31.10M 21.44M
Unlevered Free Cash Flow 651.55M 550.13M 540.73M 677.46M 495.09M 204.94M 353.28M 407.90M 375.68M 270.11M 246.06M 308.82M 267.01M 222.97M 285.60M 168.41M 57.84M 158.54M 204.66M 138.97M 113.97M 62.97M 67.00M 50.61M 28.33M 31.60M 13.58M 12.84M 4.36M 6.67M 9.37M
(-) Net Interest Income After Taxes -37.06M -32.17M -34.17M -25.68M -28.39M -31.57M -27.73M -29.55M -26.42M -23.43M -22.28M -21.57M -22.66M -20.83M -19.52M -20.86M -18.59M -21.65M -13.09M -5.97M -5.52M -5.35M -2.17M -2.11M -1.41M -1.44M -0.50M -0.69M -0.67M -0.67M -0.73M
Net Debt Issuance -44.75M 34.42M 22.37M 76.53M -24.48M 70.73M 48.54M -14.93M -7.09M -17.05M 19.42M 27.43M 51.96M 56.26M 65.57M -27.24M 9.36M 48.01M 55.26M 8.17M -3.11M -12.89M -6.43M -2.31M 1.99M 6.19M 5.34M 11.54M 7.62M 6.97M 4.29M
Levered Free Cash Flow 643.86M 616.72M 597.27M 779.68M 499.00M 307.25M 429.55M 422.52M 395.01M 276.48M 287.76M 357.83M 341.64M 300.06M 370.69M 162.04M 85.79M 228.20M 273.01M 153.11M 116.38M 55.43M 62.74M 50.40M 31.72M 39.23M 19.42M 25.06M 12.65M 14.31M 14.39M