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

GUAR3.SA

Industry Analysis

Master Data Export

Industry Enterprise Value

Metric MRQ 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Stock Price 26.31 8.41 12.12 13.77 16.97 20.55 15.68 15.30 13.79 13.23 13.44 17.95 15.55 13.31 12.82 12.66 11.61 6.60 9.38 15.29 17.13 12.72 11.17 7.12 7.33 7.01 5.39 8.18 7.71 6.12 4.85
Market Capitalization 1,882.96M 772.10M 1,078.58M 1,081.53M 1,124.69M 1,462.01M 1,175.50M 1,252.57M 1,022.90M 971.09M 816.02M 975.69M 943.56M 838.66M 721.06M 834.48M 676.36M 442.84M 638.81M 1,215.51M 1,245.22M 1,164.60M 1,068.66M 889.77M 799.78M 836.76M 563.00M 729.95M 845.38M 814.32M 611.21M
(-) Cash & Equivalents 212.91M 82.82M 113.12M 120.61M 149.61M 172.23M 145.15M 97.69M 101.69M 93.45M 85.94M 77.88M 86.78M 74.56M 73.53M 77.56M 70.75M 74.46M 50.95M 46.25M 53.83M 61.74M 55.50M 63.96M 57.35M 36.25M 43.62M 53.23M 25.81M 78.65M 61.90M
(+) Total Debt 1,069.33M 192.53M 301.18M 325.15M 346.22M 368.03M 385.74M 120.53M 98.13M 89.37M 75.49M 71.38M 65.62M 54.18M 45.25M 42.10M 39.53M 35.91M 31.30M 43.95M 37.57M 41.64M 41.07M 50.04M 39.50M 44.27M 48.53M 65.88M 76.98M 51.32M 121.40M
Enterprise Value 2,476,235,605.47 900,851,981.57 1,311,591,189.56 1,269,786,944.31 1,329,907,134.57 1,582,807,546.28 1,368,870,510.80 1,228,938,041.33 987,126,308.64 1,004,531,160.52 823,827,285.38 922,632,836.86 858,793,675.13 792,864,446.09 714,074,199.10 780,990,027.15 641,523,227.02 425,519,871.08 620,291,703.83 1,227,224,904.49 1,245,649,100.01 1,122,241,346.37 1,056,003,338.45 808,720,431.35 872,636,867.32 832,050,312.36 691,918,508.68 816,317,653.52 934,846,625.00 841,378,535.36 835,063,056.94

Industry Income Statement

Metric TTM 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Revenue 1,581.95M 798.10M 1,038.60M 1,082.76M 1,046.46M 949.85M 995.74M 1,034.13M 985.88M 971.68M 914.84M 875.68M 849.49M 834.14M 771.63M 748.63M 702.34M 665.64M 687.31M 677.80M 624.56M 760.35M 811.16M 816.13M 880.68M 885.99M 833.76M 989.40M 904.38M 1,029.75M 1,486.87M
Cost of Revenue 852.85M 449.28M 535.15M 613.50M 628.31M 580.51M 594.72M 594.90M 578.48M 572.20M 488.56M 480.03M 445.79M 445.56M 411.85M 437.52M 418.21M 397.63M 392.58M 395.40M 386.38M 432.05M 467.09M 523.55M 508.81M 451.03M 543.42M 552.31M 486.97M 600.03M 828.87M
Gross Profit 729.09M 348.83M 503.45M 469.26M 418.15M 369.34M 401.03M 439.22M 407.41M 399.48M 426.28M 395.65M 403.70M 388.58M 359.78M 311.11M 284.14M 268.01M 294.73M 282.40M 238.18M 328.30M 344.07M 292.57M 371.87M 434.97M 290.34M 437.08M 417.40M 429.72M 658.00M
Gross Margin 46.1% 43.7% 48.5% 43.3% 40.0% 38.9% 40.3% 42.5% 41.3% 41.1% 46.6% 45.2% 47.5% 46.6% 46.6% 41.6% 40.5% 40.3% 42.9% 41.7% 38.1% 43.2% 42.4% 35.8% 42.2% 49.1% 34.8% 44.2% 46.2% 41.7% 44.3%
R&D Expenses 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 454.30M 234.86M 346.20M 377.03M 365.56M 333.83M 328.89M 342.60M 321.48M 291.98M 265.24M 229.80M 208.14M 199.06M 172.31M 175.01M 158.75M 154.33M 139.99M 128.89M 116.30M 118.99M 127.27M 153.82M 138.50M 108.59M 112.73M 174.87M 160.75M 291.25M 359.07M
Operating Expenses 454.30M 234.86M 346.20M 377.03M 365.56M 333.83M 328.89M 342.60M 321.48M 291.98M 265.24M 229.80M 208.14M 199.06M 172.31M 175.01M 158.75M 154.33M 139.99M 128.89M 116.30M 118.99M 127.27M 153.82M 138.50M 108.59M 112.73M 174.87M 160.75M 291.25M 359.07M
Operating Income 274.79M 113.96M 157.25M 92.22M 52.59M 35.51M 72.13M 96.62M 85.92M 107.50M 161.04M 165.85M 195.56M 189.52M 187.47M 136.10M 125.39M 113.67M 154.73M 153.51M 121.88M 209.31M 216.80M 138.76M 233.37M 326.37M 177.61M 262.22M 256.65M 138.48M 298.93M
Operating Margin 17.4% 14.3% 15.1% 8.5% 5.0% 3.7% 7.2% 9.3% 8.7% 11.1% 17.6% 18.9% 23.0% 22.7% 24.3% 18.2% 17.9% 17.1% 22.5% 22.6% 19.5% 27.5% 26.7% 17.0% 26.5% 36.8% 21.3% 26.5% 28.4% 13.4% 20.1%
Interest Income 1.50M 1.82M 2.26M 2.20M 0.85M 1.01M 1.41M 1.71M 1.07M 0.79M 0.57M 0.58M 0.63M 0.70M 0.80M 0.60M 0.64M 0.99M 0.79M 0.54M 0.40M 0.36M 0.30M 0.01M 0.02M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M
Interest Expense 6.32M 5.14M 11.55M 10.76M 10.73M 10.22M 8.74M 6.52M 4.93M 4.43M 3.27M 2.81M 2.66M 2.18M 1.54M 1.92M 1.93M 2.19M 1.36M 0.87M 0.51M 0.85M 0.80M 0.25M 0.82M 0.33M 0.29M 0.16M 0.11M 0.12M 0.01M
Net Interest Income -4.81M -3.32M -9.29M -8.56M -9.88M -9.21M -7.33M -4.81M -3.85M -3.64M -2.70M -2.23M -2.04M -1.48M -0.74M -1.32M -1.29M -1.20M -0.58M -0.33M -0.11M -0.49M -0.50M -0.23M -0.80M -0.32M -0.29M -0.16M -0.11M -0.12M -0.01M
Other Income / Expense -126.15M -61.82M -81.13M -16.96M 45.64M 8.87M -42.52M -39.85M -25.49M -49.35M -101.30M -104.61M -128.28M -123.95M -121.30M -69.86M -72.95M -70.63M -112.04M -78.86M -47.19M -134.17M -118.44M -70.44M -167.25M -264.48M -107.67M -196.86M -187.79M -90.45M -256.17M
Pre-Tax Income 143.83M 48.83M 66.83M 66.71M 88.34M 35.18M 22.28M 51.96M 56.59M 54.51M 57.04M 59.01M 65.25M 64.09M 65.43M 64.91M 51.15M 41.84M 42.12M 74.32M 74.58M 74.65M 97.87M 68.09M 65.31M 61.58M 69.64M 65.20M 68.76M 47.91M 42.75M
Pre-Tax Margin 9.1% 6.1% 6.4% 6.2% 8.4% 3.7% 2.2% 5.0% 5.7% 5.6% 6.2% 6.7% 7.7% 7.7% 8.5% 8.7% 7.3% 6.3% 6.1% 11.0% 11.9% 9.8% 12.1% 8.3% 7.4% 7.0% 8.4% 6.6% 7.6% 4.7% 2.9%
Income Tax Expense 40.30M 16.63M 18.77M 19.40M 22.71M 11.89M 11.77M 15.35M 22.06M 18.84M 15.88M 18.26M 19.39M 18.82M 16.27M 16.04M 13.24M 11.33M 15.09M 21.63M 26.77M 27.06M 31.31M 26.60M 23.90M 23.63M 21.03M 24.90M 28.18M 23.82M 17.29M
Tax Rate 28.0% 34.1% 28.1% 29.1% 25.7% 33.8% 35.0% 29.6% 35.0% 34.6% 27.8% 30.9% 29.7% 29.4% 24.9% 24.7% 25.9% 27.1% 35.0% 29.1% 35.0% 35.0% 32.0% 35.0% 35.0% 35.0% 30.2% 35.0% 35.0% 35.0% 35.0%
Net Income 103.53M 32.20M 48.06M 47.30M 65.63M 23.30M 10.50M 36.60M 34.52M 35.68M 41.16M 40.75M 45.86M 45.27M 49.16M 48.88M 37.91M 30.52M 27.03M 52.69M 47.81M 47.59M 66.56M 41.49M 41.41M 37.94M 48.61M 40.30M 40.58M 24.08M 25.46M
Net Margin 6.5% 4.0% 4.6% 4.4% 6.3% 2.5% 1.1% 3.5% 3.5% 3.7% 4.5% 4.7% 5.4% 5.4% 6.4% 6.5% 5.4% 4.6% 3.9% 7.8% 7.7% 6.3% 8.2% 5.1% 4.7% 4.3% 5.8% 4.1% 4.5% 2.3% 1.7%
EBIT 274.79M 113.96M 157.25M 92.22M 52.59M 35.51M 72.13M 96.62M 85.92M 107.50M 161.04M 165.85M 195.56M 189.52M 187.47M 136.10M 125.39M 113.67M 154.73M 153.51M 121.88M 209.31M 216.80M 138.76M 233.37M 326.37M 177.61M 262.22M 256.65M 138.48M 298.93M
Depreciation & Amortization 37.28M 26.64M 45.88M 46.74M 47.15M 53.01M 52.56M 41.31M 33.13M 32.04M 29.88M 28.36M 25.75M 24.75M 22.60M 25.23M 25.97M 25.58M 25.16M 24.95M 19.00M 22.99M 25.37M 27.07M 24.45M 19.01M 18.55M 31.20M 23.93M 36.14M 46.56M
EBITDA 312.07M 140.60M 203.13M 138.96M 99.73M 88.52M 124.69M 137.93M 119.06M 139.54M 190.92M 194.21M 221.32M 214.26M 210.07M 161.33M 151.35M 139.25M 179.89M 178.46M 140.88M 232.30M 242.18M 165.83M 257.82M 345.38M 196.16M 293.41M 280.58M 174.61M 345.48M
EBITDA Margin 19.7% 17.6% 19.6% 12.8% 9.5% 9.3% 12.5% 13.3% 12.1% 14.4% 20.9% 22.2% 26.1% 25.7% 27.2% 21.6% 21.5% 20.9% 26.2% 26.3% 22.6% 30.6% 29.9% 20.3% 29.3% 39.0% 23.5% 29.7% 31.0% 17.0% 23.2%
NOPAT 197.79M 75.15M 113.09M 65.40M 39.07M 23.52M 46.89M 68.07M 55.85M 70.36M 116.21M 114.53M 137.45M 133.88M 140.86M 102.48M 92.94M 82.91M 100.58M 108.83M 79.22M 136.05M 147.44M 90.19M 151.69M 212.14M 123.97M 170.44M 166.82M 90.01M 194.30M
NOPAT Margin 12.5% 9.4% 10.9% 6.0% 3.7% 2.5% 4.7% 6.6% 5.7% 7.2% 12.7% 13.1% 16.2% 16.0% 18.3% 13.7% 13.2% 12.5% 14.6% 16.1% 12.7% 17.9% 18.2% 11.1% 17.2% 23.9% 14.9% 17.2% 18.4% 8.7% 13.1%
Owner's Earnings 140.81M 58.84M 93.94M 94.04M 112.78M 76.31M 63.07M 77.91M 67.65M 67.71M 71.04M 69.12M 71.61M 70.02M 71.76M 74.10M 63.88M 56.10M 52.18M 77.65M 66.82M 70.58M 91.93M 68.56M 65.86M 56.95M 67.16M 71.49M 64.51M 60.22M 72.02M
Owner's Earnings Margin 8.9% 7.4% 9.0% 8.7% 10.8% 8.0% 6.3% 7.5% 6.9% 7.0% 7.8% 7.9% 8.4% 8.4% 9.3% 9.9% 9.1% 8.4% 7.6% 11.5% 10.7% 9.3% 11.3% 8.4% 7.5% 6.4% 8.1% 7.2% 7.1% 5.8% 4.8%
EPS 1.37 0.33 0.36 0.37 0.52 0.18 0.09 0.26 0.24 0.23 0.30 0.34 0.43 0.40 0.49 0.47 0.37 0.30 0.25 0.44 0.42 0.42 0.54 0.34 0.25 0.24 0.33 0.41 0.39 0.23 0.18
EPS (Diluted) 1.37 0.33 0.36 0.37 0.52 0.18 0.09 0.26 0.24 0.23 0.30 0.34 0.43 0.40 0.49 0.47 0.37 0.30 0.25 0.44 0.42 0.42 0.54 0.34 0.25 0.24 0.33 0.41 0.39 0.23 0.18
Shares (Diluted) 75.67M 98.74M 132.08M 126.41M 125.65M 127.69M 122.85M 139.77M 143.31M 153.99M 135.58M 119.02M 106.65M 112.29M 100.27M 103.14M 101.68M 102.78M 108.69M 118.47M 113.31M 113.26M 122.97M 123.64M 163.08M 156.08M 147.74M 97.41M 103.45M 105.97M 140.69M

Industry Balance Sheet

Metric MRQ 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Cash & Cash Equivalents 264.06M 83.93M 113.18M 126.91M 141.32M 170.39M 147.18M 111.65M 101.34M 93.51M 86.45M 77.92M 87.84M 76.16M 73.52M 84.44M 71.75M 75.79M 53.29M 47.55M 52.63M 56.36M 68.16M 56.04M 58.44M 36.83M 47.17M 54.03M 30.80M 80.27M 62.18M
Short-Term Investments 26.08M 9.36M 30.82M 36.07M 33.77M 30.55M 17.94M 15.88M 18.52M 18.39M 26.48M 32.68M 31.25M 20.58M 18.54M 18.05M 29.46M 21.34M 20.75M 23.96M 24.19M 20.34M 15.04M 18.16M 14.74M 4.19M 10.64M 4.35M 3.19M 0.00M 0.00M
Cash & Short-Term Investments 290.14M 93.30M 144.00M 162.99M 175.09M 200.94M 165.12M 127.53M 119.85M 111.90M 112.93M 110.60M 119.10M 96.74M 92.06M 102.49M 101.21M 97.12M 74.04M 71.51M 76.82M 76.70M 83.20M 74.20M 73.17M 41.02M 57.81M 58.38M 33.99M 80.27M 62.18M
Net Receivables 69.78M 27.43M 54.33M 57.03M 59.18M 57.68M 51.24M 53.59M 46.97M 46.59M 39.58M 34.66M 37.07M 34.99M 33.60M 29.25M 22.10M 21.17M 23.77M 24.58M 18.69M 22.69M 23.77M 19.47M 20.80M 17.38M 19.29M 23.31M 16.45M 18.51M 31.85M
Inventory 634.26M 153.79M 199.60M 221.55M 221.81M 189.24M 182.35M 180.17M 173.15M 162.85M 148.20M 140.18M 131.63M 119.78M 105.78M 118.63M 100.50M 94.36M 108.55M 110.19M 95.59M 97.44M 94.29M 104.81M 102.14M 89.22M 121.89M 159.46M 146.96M 136.75M 164.67M
Other Current Assets 87.69M 15.27M 21.98M 25.24M 22.86M 19.40M 21.35M 22.62M 27.57M 24.94M 15.52M 15.35M 19.34M 19.27M 14.77M 16.91M 11.26M 14.73M 15.85M 14.34M 10.10M 11.81M 13.67M 19.94M 15.13M 10.47M 17.87M 14.78M 31.45M 51.58M 51.26M
Total Current Assets 1,081.87M 289.79M 419.91M 466.81M 478.94M 467.26M 420.07M 383.91M 367.54M 346.28M 316.23M 300.79M 307.13M 270.77M 246.21M 267.28M 235.08M 227.39M 222.21M 220.63M 201.20M 208.63M 214.93M 218.42M 211.24M 158.08M 216.86M 255.93M 228.84M 287.12M 309.95M
Property, Plant & Equipment 1,150.04M 226.37M 290.34M 298.89M 297.96M 322.60M 344.08M 205.69M 155.19M 153.86M 141.16M 141.41M 133.01M 121.01M 102.96M 132.00M 118.08M 117.46M 112.33M 142.33M 116.19M 125.31M 123.02M 147.90M 134.23M 105.21M 109.60M 117.79M 114.42M 128.53M 202.54M
Goodwill 25.89M 14.82M 37.74M 40.15M 46.64M 45.64M 39.91M 41.68M 35.79M 44.96M 39.78M 39.46M 29.25M 23.28M 14.37M 8.88M 7.56M 6.51M 6.88M 15.05M 2.57M 2.59M 0.88M 0.26M 0.02M 0.00M 0.97M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 10.74M 12.94M 26.83M 33.22M 39.55M 41.31M 42.82M 31.15M 28.29M 28.17M 22.64M 22.07M 21.71M 21.20M 17.10M 24.57M 17.29M 11.62M 15.42M 11.46M 9.32M 10.00M 20.00M 21.85M 30.93M 3.89M 3.82M 20.02M 1.14M 3.76M 17.79M
Long-Term Investments 11.49M 5.92M 8.34M 13.89M 13.73M 12.16M 13.03M 16.41M 8.97M 12.73M 10.40M 11.21M 6.88M 7.56M 1.69M 3.70M 2.19M 0.74M 1.18M 0.73M 1.09M 0.47M 0.19M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 3.47M 3.96M 6.67M 13.94M 14.07M 19.20M 15.41M 13.03M 12.43M 13.70M 12.33M 10.00M 10.82M 8.27M 9.06M 5.65M 6.44M 4.97M 5.53M 4.49M 2.91M 2.82M 2.10M 2.06M 2.36M 1.23M 0.12M 0.00M 0.00M 0.44M 0.00M
Other Non-Current Assets 109.41M 17.21M 26.22M 22.95M 19.15M 21.34M 13.29M 14.56M 16.06M 16.96M 14.40M 17.57M 16.87M 17.18M 22.71M 20.99M 21.01M 22.87M 24.91M 18.61M 22.59M 22.48M 18.15M 20.65M 18.42M 17.83M 26.44M 21.10M 22.44M 24.39M 24.61M
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 1,311.05M 281.21M 396.13M 423.03M 431.09M 462.25M 468.54M 322.51M 256.73M 270.38M 240.73M 241.73M 218.53M 198.51M 167.90M 195.79M 172.59M 164.17M 166.24M 192.67M 154.67M 163.68M 164.35M 192.73M 185.97M 128.15M 140.95M 158.91M 138.00M 157.12M 244.94M
Total Assets 2,392.93M 571.00M 816.04M 889.84M 910.03M 929.51M 888.60M 706.42M 624.27M 616.66M 556.96M 542.51M 525.66M 469.28M 414.11M 463.07M 407.66M 391.55M 388.45M 413.30M 355.87M 372.31M 379.27M 411.15M 397.21M 286.23M 357.81M 414.83M 366.84M 444.24M 554.90M
Accounts Payable 226.09M 56.22M 93.22M 90.27M 103.89M 105.73M 95.31M 85.89M 81.11M 75.46M 68.58M 66.49M 61.25M 56.86M 55.12M 50.37M 49.47M 44.57M 48.48M 44.79M 40.13M 43.38M 51.96M 51.97M 66.46M 75.28M 85.40M 84.92M 73.11M 92.62M 103.23M
Short-Term Debt 216.96M 12.49M 31.71M 46.55M 49.24M 51.26M 57.30M 19.82M 13.28M 16.60M 12.82M 12.47M 11.28M 12.54M 11.45M 9.80M 7.53M 10.28M 11.17M 9.19M 5.25M 8.86M 4.11M 4.21M 7.42M 7.55M 8.07M 8.92M 6.87M 4.64M 22.86M
Tax Payables 6.39M 2.39M 9.97M 9.22M 11.60M 12.90M 11.98M 10.22M 8.03M 9.25M 8.14M 7.38M 6.67M 7.21M 6.85M 6.06M 3.41M 2.48M 3.25M 5.03M 7.34M 3.59M 2.79M 0.17M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 1.67M 1.86M 2.28M 11.64M 12.61M 17.24M 16.47M 15.98M 8.08M 11.61M 12.86M 8.13M 8.19M 9.91M 6.49M 4.17M 2.47M 2.05M 3.48M 2.25M 1.73M 1.72M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 273.30M 22.41M 50.14M 42.48M 44.52M 51.55M 41.81M 43.70M 45.05M 45.53M 34.92M 39.53M 28.62M 28.98M 31.31M 29.00M 21.28M 18.68M 22.00M 20.79M 20.66M 22.70M 15.69M 18.47M 15.26M 12.51M 27.26M 45.30M 36.72M 90.82M 127.63M
Total Current Liabilities 724.42M 95.37M 187.30M 200.17M 221.87M 238.69M 222.85M 175.61M 155.54M 158.46M 137.32M 134.00M 116.02M 115.49M 111.21M 99.41M 84.16M 78.05M 88.38M 82.06M 75.11M 80.26M 74.55M 74.82M 89.15M 95.34M 120.73M 139.13M 116.71M 188.08M 253.72M
Long-Term Debt 412.10M 21.88M 67.96M 106.36M 100.30M 115.09M 99.54M 75.94M 57.35M 55.63M 45.91M 41.08M 39.29M 28.84M 28.84M 31.94M 19.42M 24.06M 17.77M 25.05M 27.86M 28.09M 35.59M 47.26M 26.80M 40.01M 49.17M 61.57M 68.44M 42.57M 102.41M
Capital Lease Obligations 749.46M 124.15M 166.93M 187.96M 180.08M 174.65M 186.19M 41.29M 0.34M 0.33M 0.33M 0.27M 0.28M 0.25M 0.11M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 6.34M 0.95M 4.76M 11.47M 15.20M 15.08M 15.85M 10.20M 5.23M 6.99M 5.50M 4.61M 4.17M 3.82M 3.25M 3.81M 2.46M 2.13M 2.79M 3.10M 2.28M 3.34M 3.56M 2.00M 1.05M 0.34M 0.21M 0.48M 1.47M 1.34M 3.26M
Other Non-Current Liabilities 61.09M 9.65M 18.78M 19.04M 17.31M 23.66M 25.73M 28.25M 33.02M 37.04M 34.86M 31.80M 29.66M 30.73M 26.08M 17.16M 15.75M 17.98M 25.20M 19.13M 20.80M 23.77M 15.07M 23.60M 30.58M 7.20M 7.26M 11.87M 10.51M 6.32M 36.13M
Total Non-Current Liabilities 1,228.98M 156.63M 258.42M 324.83M 312.88M 328.48M 327.30M 155.68M 95.94M 99.98M 86.61M 77.75M 73.41M 63.64M 58.28M 52.92M 37.63M 44.17M 45.76M 47.28M 50.93M 55.22M 54.22M 72.87M 58.43M 47.55M 56.64M 73.92M 80.43M 50.23M 141.80M
Total Liabilities 1,953.41M 252.00M 445.72M 525.00M 534.75M 567.17M 550.16M 331.29M 251.48M 258.44M 223.93M 211.75M 189.43M 179.14M 169.49M 152.33M 121.79M 122.22M 134.14M 129.34M 126.04M 135.48M 128.77M 147.69M 147.58M 142.90M 177.37M 213.06M 197.13M 238.30M 395.52M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 2.75M 21.53M 29.29M 33.25M 32.53M 33.70M 32.24M 25.84M 30.71M 30.53M 24.32M 24.68M 23.36M 20.72M 19.51M 17.49M 15.35M 15.24M 15.82M 22.29M 17.82M 19.81M 25.91M 18.39M 22.63M 14.37M 21.07M 16.50M 0.40M 6.11M 0.43M
Retained Earnings 1,077.95M 197.87M 299.90M 294.75M 232.06M 231.82M 214.80M 243.55M 250.33M 250.45M 231.99M 213.68M 236.37M 212.68M 181.63M 147.76M 150.43M 155.32M 141.76M 153.85M 151.55M 157.11M 170.75M 229.93M 172.67M 137.26M 127.85M 146.37M 144.06M 145.63M 256.74M
Accumulated OCI -9.97M 0.40M 2.27M 4.52M 5.39M 1.73M -4.46M -6.84M -14.96M -9.78M -11.87M -10.42M -5.78M -4.26M -8.42M -9.61M -7.08M -6.28M -4.09M -1.21M -0.73M -3.80M -4.98M -8.44M -6.11M -7.71M -7.71M -13.23M -18.32M -16.49M -13.83M
Minority Interest 0.86M 0.15M 0.40M 0.39M 0.48M 0.22M 0.44M 0.21M 0.30M 0.33M 0.41M 0.33M 0.23M 0.10M 0.04M 0.02M 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
Total Shareholders’ Equity 1,070.74M 219.80M 331.46M 332.53M 269.97M 267.25M 242.58M 262.56M 266.08M 271.20M 244.44M 227.93M 253.94M 229.14M 192.72M 155.64M 158.69M 164.29M 153.49M 174.93M 168.63M 173.12M 191.68M 239.88M 189.19M 143.92M 141.21M 149.64M 126.13M 135.24M 243.34M
Total Equity 1,071.60M 219.95M 331.86M 332.91M 270.46M 267.47M 243.02M 262.77M 266.38M 271.53M 244.85M 228.27M 254.18M 229.24M 192.77M 155.66M 158.70M 164.29M 153.51M 174.93M 168.63M 173.12M 191.68M 239.88M 189.19M 143.92M 141.21M 149.64M 126.13M 135.24M 243.34M
Total Liabilities & Equity 3,025.01M 471.95M 777.59M 857.92M 805.21M 834.63M 793.17M 594.06M 517.86M 529.98M 468.78M 440.02M 443.61M 408.37M 362.26M 307.99M 280.49M 286.51M 287.65M 304.28M 294.68M 308.60M 320.45M 387.57M 336.77M 286.81M 318.57M 362.70M 323.26M 373.55M 638.85M
Tangible Assets 2,356.30M 543.24M 751.48M 816.48M 823.85M 842.56M 805.87M 633.60M 560.19M 543.53M 494.53M 480.97M 474.70M 424.80M 382.64M 429.62M 382.81M 373.42M 366.15M 386.79M 343.98M 359.72M 358.39M 389.03M 366.25M 282.34M 353.01M 394.81M 365.70M 440.48M 537.10M
Tangible Equity 1,034.97M 192.20M 267.30M 259.55M 184.27M 180.52M 160.29M 189.94M 202.31M 198.40M 182.43M 166.73M 203.21M 184.75M 161.29M 122.21M 133.84M 146.16M 131.21M 148.43M 156.74M 160.53M 170.80M 217.76M 158.23M 140.03M 136.41M 129.62M 124.99M 131.49M 225.54M
Tangible Book Value 1,034,972,213.24 192,198,509.07 267,300,776.40 259,551,498.71 184,271,518.87 180,519,310.02 160,288,545.32 189,938,577.51 202,309,116.66 198,400,158.38 182,425,513.93 166,729,567.08 203,211,223.36 184,754,781.20 161,291,109.80 122,212,228.24 133,842,172.92 146,163,181.00 131,212,364.53 148,427,711.76 156,744,160.25 160,529,779.62 170,797,539.95 217,759,728.23 158,233,240.34 140,025,268.25 136,414,872.39 129,623,650.57 124,990,573.96 131,485,566.77 225,542,031.03
Total Investments 15.79M 19.72M 21.63M 33.31M 29.50M 27.93M 24.25M 30.38M 30.05M 26.61M 29.13M 29.56M 23.87M 18.11M 9.26M 17.79M 16.06M 11.98M 15.16M 22.90M 16.82M 17.25M 12.44M 10.21M 15.84M 6.53M 7.32M 4.67M 0.00M 0.00M 0.00M
Net Debt 365.00M -49.56M -13.52M 26.00M 8.22M -4.04M 9.66M -15.89M -30.70M -21.29M -27.72M -24.37M -37.26M -34.78M -33.23M -42.69M -44.79M -41.45M -24.35M -13.31M -19.52M -19.40M -28.46M -4.57M -24.21M 10.73M 10.07M 16.47M 44.51M -33.07M 63.09M

Industry Capital Metrics

Metric MRQ 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Working Capital 452.12M 143.94M 225.80M 229.46M 210.03M 232.90M 187.06M 233.74M 256.67M 229.56M 205.95M 203.33M 216.38M 170.99M 144.14M 183.31M 145.54M 126.33M 125.27M 121.23M 141.64M 135.77M 187.45M 180.93M 161.95M 94.96M 129.32M 173.20M 159.93M 186.72M 254.29M
Total Capital 2,224.49M 470.50M 733.50M 766.85M 784.39M 816.39M 801.84M 552.87M 522.50M 512.45M 473.91M 470.67M 448.02M 386.30M 358.56M 379.99M 360.23M 337.51M 324.07M 341.66M 320.91M 326.76M 352.69M 372.94M 353.69M 268.64M 269.94M 333.51M 311.34M 381.87M 531.25M
Capital Employed 1,789.16M 518.90M 750.50M 752.36M 710.31M 761.35M 793.50M 623.00M 623.04M 575.99M 535.55M 533.64M 493.97M 434.11M 404.86M 446.23M 403.11M 394.79M 375.23M 371.89M 349.12M 390.22M 399.15M 415.44M 380.59M 298.68M 305.21M 431.45M 354.39M 519.91M 672.58M
Invested Capital 1,960.44M 386.57M 620.32M 639.93M 643.07M 646.00M 654.66M 441.22M 421.17M 418.94M 387.46M 392.75M 360.18M 310.14M 285.04M 295.55M 288.48M 261.72M 270.78M 294.11M 268.28M 270.41M 284.53M 316.90M 295.25M 231.82M 222.77M 279.48M 280.55M 301.59M 469.08M

Industry Cash Flow

Metric TTM 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Depreciation & Amortization 44.08M 29.11M 51.96M 50.63M 50.53M 54.01M 54.24M 42.69M 33.15M 31.84M 29.49M 28.40M 25.64M 24.96M 22.71M 24.68M 25.66M 27.49M 25.16M 24.47M 20.49M 23.96M 24.55M 27.28M 24.45M 21.39M 19.54M 32.28M 23.83M 35.55M 46.12M
Deferred Income Tax 2.08M 0.00M -0.22M 0.32M -0.88M -1.84M -1.30M -0.84M 0.72M -0.56M 0.03M 0.23M -0.09M -0.38M -0.11M 0.02M -0.07M 0.00M -0.60M -0.66M -0.63M -0.18M 0.32M 1.63M 1.47M 0.61M -0.28M -2.10M -0.32M -1.65M -0.92M
Stock-Based Compensation 5.85M 3.50M 3.94M 5.66M 6.43M 4.91M 4.77M 4.67M 4.23M 3.50M 2.69M 2.10M 1.62M 1.57M 1.33M 1.41M 0.98M 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
Change in Working Capital 6.47M -4.78M -0.03M -24.82M -42.85M -4.47M 3.44M -6.71M -8.84M -4.41M -7.44M 1.22M -11.75M -5.31M -6.13M -9.17M 1.01M 4.18M -3.14M -10.97M -0.76M 2.06M -4.25M 2.18M 4.97M -5.97M -7.73M 1.79M -2.20M 4.50M -1.62M
Accounts Receivable 0.08M -0.30M -0.92M 0.58M -0.12M -4.77M 0.61M -1.75M -1.75M -1.30M -1.22M -0.89M -1.86M -1.55M -0.17M -0.12M 0.00M 0.00M 0.00M 0.00M -0.10M -0.11M -0.25M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory -73.51M -10.67M 5.78M 6.19M -39.17M -6.29M 1.16M -7.79M -11.60M -7.00M -7.23M -8.33M -10.42M -8.35M -7.79M -9.45M -2.34M 2.48M -4.73M -9.01M -6.37M -6.67M -7.40M -8.12M -2.32M -6.07M -13.38M -9.48M -14.99M -5.98M 0.97M
Accounts Payable 36.46M 2.27M -0.71M -9.06M 7.88M 10.92M 3.31M 4.92M 3.29M 2.28M 1.57M 1.69M 0.23M 0.45M 0.00M 0.87M 0.20M -0.27M 0.00M 0.00M 0.65M 1.60M 0.42M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 30.04M -0.79M -5.13M -7.74M -7.15M 4.10M -0.80M 0.52M 1.99M 1.82M -0.64M 5.61M 1.52M 0.28M 1.19M -0.55M 2.50M -0.55M 0.09M 1.23M 5.72M 4.57M 3.32M 3.30M 3.60M 1.83M 6.15M 8.61M 6.07M 7.18M -12.08M
Other Non-Cash Items -9.21M 4.67M 10.94M 11.53M 14.28M 20.44M 23.36M 6.41M 3.91M 1.98M 0.58M -2.17M -0.75M -2.81M -3.26M -0.83M -0.32M 0.43M 1.11M -2.50M 1.01M -0.31M 2.93M 3.30M 2.87M 5.57M 1.09M 1.30M 1.08M 1.88M 2.07M
Net Cash from Operating Activities 135.96M 69.28M 110.07M 92.78M 95.98M 97.33M 100.27M 91.66M 69.01M 64.46M 69.37M 69.75M 66.84M 69.98M 59.78M 64.98M 62.99M 71.76M 62.47M 55.28M 73.24M 79.46M 87.70M 105.50M 72.39M 67.73M 60.19M 65.26M 49.82M 120.07M 97.81M
Capital Expenditures (PPE) -64.79M -24.92M -30.72M -33.97M -32.04M -26.95M -29.37M -31.76M -31.48M -34.15M -33.48M -34.17M -31.95M -33.77M -29.47M -26.38M -21.13M -29.10M -36.68M -39.46M -31.00M -29.48M -26.28M -31.39M -33.36M -28.44M -37.97M -50.76M -37.30M -39.74M -43.59M
Acquisitions (Net) 0.00M 0.00M 0.00M -0.04M -1.55M -0.30M -0.54M -1.00M -0.01M -0.10M -0.13M -0.04M -0.14M -0.30M 0.00M -0.19M -0.01M -0.02M -0.20M -0.66M -0.16M -1.17M 0.00M -0.21M -0.29M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -2.68M -1.74M -2.24M -4.70M -11.48M -4.82M -7.17M -9.42M -4.02M -5.77M -2.11M -5.95M -5.19M -2.61M -2.11M -2.75M -2.31M -2.78M -8.92M -15.14M -7.97M -5.77M -3.63M -3.15M -3.74M -3.20M -3.99M -5.51M -1.85M -1.91M -2.56M
Sales / Maturities of Investments 3.70M 2.03M 5.55M 8.74M 9.77M 5.20M 7.14M 8.30M 5.45M 9.60M 2.34M 3.31M 0.66M 3.60M 1.42M 2.52M 2.62M 1.17M 9.78M 11.65M 5.27M 1.59M 2.53M 2.49M 0.26M 4.58M 3.12M 2.90M 1.38M 4.50M 2.69M
Other Investing Activities -2.10M 0.01M -0.14M 1.16M 0.03M 0.72M 0.62M 0.50M -0.66M 0.57M 0.44M 0.13M -0.57M -0.98M -1.65M 0.94M -0.21M -0.37M -0.27M -0.01M -0.62M -0.07M 0.33M 0.03M 1.15M -0.26M -0.73M -0.33M 0.04M 0.95M -5.27M
Net Cash from Investing Activities -62.38M -34.81M -33.65M -35.44M -38.08M -29.70M -38.07M -39.82M -38.35M -30.99M -31.82M -35.81M -38.13M -38.70M -31.78M -31.21M -27.77M -24.60M -31.47M -45.31M -33.84M -43.20M -35.20M -48.38M -33.45M -37.02M -45.93M -67.73M -37.46M -24.63M -45.95M
Net Debt Issuance -0.25M -4.44M -15.42M -9.60M -21.69M -3.99M -0.93M -4.48M -3.10M 2.85M 0.17M 1.50M 1.10M -0.40M -2.01M -1.21M -4.19M -3.11M 0.35M -0.08M -5.30M -1.62M -5.05M 0.84M -2.12M -4.24M 7.29M 5.75M 5.84M -0.57M -12.10M
Long-Term Debt Issuance -0.10M -5.56M -8.68M -6.93M -15.34M -0.52M -2.02M -1.55M -1.31M 2.35M 1.02M 0.18M -0.17M -0.15M -0.57M -0.45M -1.36M -2.35M -0.28M -0.91M -1.23M -2.41M -3.72M -0.87M -2.33M -1.99M 4.95M 5.55M 2.03M -0.19M -12.10M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M -1.13M -0.09M 0.00M -0.21M 0.00M 0.00M 0.00M 0.00M 0.06M 0.00M 0.00M 0.00M -0.42M 0.00M 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
Net Stock Issuance -1.28M -0.80M -2.91M -8.15M -12.67M 0.25M -7.36M -9.06M -5.88M -3.77M -3.82M -3.62M -0.04M -0.38M -0.02M -1.29M 0.10M -0.24M -2.03M -1.04M 1.70M 0.81M 1.00M 0.64M 0.67M -1.91M -9.05M -12.28M -0.89M 0.91M -0.71M
Common Stock Issuance 1.50M 0.98M 0.07M 0.03M 0.69M 1.30M 0.88M 0.18M 0.32M 0.50M 0.31M 0.14M 0.17M 0.16M 0.09M 0.25M 0.46M 0.33M 2.72M 3.36M 8.28M 4.30M 4.61M 4.80M 3.01M 3.13M 2.31M 6.28M 6.99M 12.14M 5.57M
Common Stock Repurchased -4.32M -2.42M -3.70M -10.07M -10.80M -2.58M -9.03M -10.75M -6.55M -5.62M -5.38M -4.32M -1.01M -1.50M -1.48M -3.77M -0.07M -0.91M -2.92M -7.85M -3.06M -1.13M -0.46M -0.47M -0.79M -2.74M -10.51M -17.67M -2.00M -2.58M -2.88M
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 -9.71M -7.33M -12.81M -12.46M -12.21M -8.47M -12.72M -11.29M -13.22M -18.71M -15.57M -13.44M -12.27M -14.35M -13.49M -14.80M -10.92M -9.72M -9.24M -10.48M -6.59M -7.96M -7.93M -7.91M -5.96M -4.81M -3.61M -4.36M -2.45M -6.87M -13.07M
Common Dividends Paid -2.58M -7.33M -12.81M -12.36M -11.93M -8.05M -12.72M -13.58M -13.21M -18.71M -13.65M -13.04M -11.62M -14.30M -13.37M -14.80M -10.92M -9.67M -9.58M -10.53M -7.13M -8.03M -7.91M -6.55M -4.31M -4.81M -3.61M -4.36M -2.45M -6.87M -13.07M
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 -4.63M -3.72M -9.60M -9.10M -9.53M -11.60M -8.28M -4.16M -0.71M 0.03M 2.18M 1.54M 1.16M 0.50M 1.34M 1.81M -0.11M 0.24M 0.83M 1.51M 0.01M -0.17M -0.05M -0.29M -0.13M -0.05M 0.08M 0.05M -0.30M -0.24M 0.39M
Net Cash from Financing Activities -60.48M -35.52M -62.85M -60.27M -74.82M -24.80M -41.25M -45.10M -28.18M -27.62M -30.43M -24.28M -13.15M -25.12M -29.29M -20.76M -21.74M -17.61M -14.68M -22.66M -24.24M -19.47M -26.70M -9.18M -4.80M -21.04M -26.69M -0.94M -7.49M -27.74M -30.74M
Effect of FX on Cash -0.33M -0.18M -0.15M -0.09M -0.16M 0.34M -0.26M -0.09M 0.06M 0.20M -0.31M -0.38M 0.04M 0.06M -0.01M 0.08M 0.10M -0.27M 0.10M 0.11M 0.45M 0.04M 0.00M 0.26M 0.03M -0.01M -0.01M -0.71M -2.05M -1.20M -1.46M
Net Change in Cash 14.21M -3.61M -0.38M -9.00M -20.41M 29.64M 17.72M 2.94M 6.96M 7.77M 1.83M 4.10M 5.30M 2.01M 4.31M 3.41M 10.42M 8.84M -1.46M -0.49M 8.72M 6.05M 7.45M 13.77M 16.25M -0.96M -5.27M 4.31M 1.02M 4.56M 7.74M
Cash at Beginning of Period 60.93M 91.13M 118.48M 141.98M 169.36M 143.94M 98.68M 103.09M 89.51M 85.16M 78.33M 77.91M 74.37M 70.63M 70.48M 69.63M 76.98M 51.31M 47.05M 50.93M 51.55M 44.24M 38.17M 56.31M 40.98M 43.87M 52.42M 30.52M 19.51M 16.08M 28.38M
Cash at End of Period 216.86M 83.86M 112.30M 120.02M 142.46M 171.77M 144.20M 98.59M 95.39M 91.15M 83.73M 77.53M 78.17M 74.83M 71.03M 85.13M 71.75M 81.28M 52.15M 50.05M 59.71M 63.95M 52.54M 64.66M 61.33M 44.39M 45.66M 53.12M 24.95M 19.51M 60.22M
Operating Cash Flow 135.20M 66.40M 108.84M 93.45M 95.98M 97.41M 100.29M 91.66M 69.01M 64.46M 69.39M 69.75M 66.84M 69.98M 59.78M 64.98M 62.99M 71.76M 62.47M 55.28M 73.24M 79.46M 87.70M 102.02M 72.39M 67.73M 60.19M 65.26M 49.82M 120.07M 97.81M
Capital Expenditure -63.32M -24.42M -34.24M -35.35M -32.37M -28.51M -29.57M -32.03M -31.93M -34.29M -35.06M -34.17M -34.51M -33.80M -29.48M -26.48M -21.23M -29.10M -36.73M -39.46M -30.99M -29.44M -26.26M -31.39M -33.36M -28.44M -37.97M -50.76M -37.30M -39.74M -43.59M
Free Cash Flow 86.93M 43.04M 78.80M 49.08M 51.93M 64.29M 66.37M 60.48M 40.80M 30.70M 37.35M 34.98M 30.65M 35.78M 32.85M 32.80M 41.62M 42.76M 26.30M 18.17M 42.95M 48.23M 48.37M 64.47M 41.41M 23.08M 21.36M 13.12M 12.34M 65.74M 52.04M

Industry Free Cash Flow

Metric TTM 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
EBITDA 182.15M 83.72M 114.68M 121.40M 148.31M 88.09M 80.37M 112.25M 95.01M 96.38M 95.02M 89.98M 101.56M 96.06M 99.67M 92.73M 83.26M 68.20M 67.16M 107.93M 95.98M 97.42M 144.72M 120.13M 113.65M 104.49M 95.39M 94.04M 104.60M 143.58M 125.18M
(-) Tax Adjustment 51.04M 28.51M 32.21M 35.31M 38.12M 29.76M 42.48M 33.17M 37.05M 33.30M 26.45M 27.84M 30.18M 28.20M 24.78M 22.91M 21.55M 18.46M 24.07M 31.41M 34.45M 35.31M 46.30M 46.93M 41.59M 40.10M 28.81M 35.92M 42.87M 71.40M 50.63M
(-) Change In Working Capital 6.47M -4.78M -0.03M -24.82M -42.85M -4.47M 3.44M -6.71M -8.84M -4.41M -7.44M 1.22M -11.75M -5.31M -6.13M -9.17M 1.01M 4.18M -3.14M -10.97M -0.76M 2.06M -4.25M 2.18M 4.97M -5.97M -7.73M 1.79M -2.20M 4.50M -1.62M
(-) Capital Expenditure 63.32M 24.42M 34.24M 35.35M 32.37M 28.51M 29.57M 32.03M 31.93M 34.29M 35.06M 34.17M 34.51M 33.80M 29.48M 26.48M 21.23M 29.10M 36.73M 39.46M 30.99M 29.44M 26.26M 31.39M 33.36M 28.44M 37.97M 50.76M 37.30M 39.74M 43.59M
Unlevered Free Cash Flow 61.33M 35.57M 48.26M 75.56M 120.67M 34.29M 4.89M 53.76M 34.87M 33.20M 40.94M 26.76M 48.62M 39.37M 51.53M 52.51M 39.48M 16.46M 9.51M 48.02M 31.30M 30.61M 76.41M 39.63M 33.72M 41.92M 36.34M 5.58M 26.63M 27.94M 32.59M
(-) Net Interest Income After Taxes -3.46M -2.19M -6.68M -6.07M -7.34M -6.10M -3.46M -3.39M -2.35M -2.38M -1.95M -1.54M -1.43M -1.04M -0.56M -1.00M -0.96M -0.88M -0.37M -0.23M -0.07M -0.31M -0.34M -0.14M -0.51M -0.20M -0.21M -0.10M -0.07M -0.06M 0.00M
Net Debt Issuance -0.25M -4.44M -15.42M -9.60M -21.69M -3.99M -0.93M -4.48M -3.10M 2.85M 0.17M 1.50M 1.10M -0.40M -2.01M -1.21M -4.19M -3.11M 0.35M -0.08M -5.30M -1.62M -5.05M 0.84M -2.12M -4.24M 7.29M 5.75M 5.84M -0.57M -12.10M
Levered Free Cash Flow 64.54M 33.31M 39.52M 72.02M 106.33M 36.39M 7.42M 52.67M 34.12M 38.43M 43.06M 29.80M 51.15M 40.02M 50.08M 52.30M 36.25M 14.22M 10.23M 48.17M 26.07M 29.31M 71.69M 40.61M 32.10M 37.88M 43.84M 11.42M 32.54M 27.43M 20.49M