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Industry Enterprise Value

Metric MRQ 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Stock Price 28.51 20.74 23.16 24.46 42.41 38.23 24.98 23.75 22.96 18.47 21.03 18.74 16.88 13.66 11.27 10.51 6.55 6.88 11.74 11.16 10.53 11.41 8.76 9.46 8.67 9.64 11.35 11.62 7.55 8.88 8.47
Market Capitalization 5,894.50M 4,678.61M 4,317.29M 4,861.63M 7,136.46M 6,489.50M 4,802.34M 4,196.12M 3,669.59M 3,560.32M 3,078.51M 2,632.68M 2,380.56M 1,991.73M 1,454.71M 1,344.50M 814.48M 745.23M 1,358.19M 1,237.17M 702.75M 590.25M 489.13M 638.18M 1,489.79M 1,243.90M 2,086.16M 1,888.67M 1,199.57M 1,473.78M 1,547.14M
(-) Cash & Equivalents 582.53M 583.04M 634.50M 626.44M 633.98M 544.83M 325.55M 345.69M 276.25M 243.34M 241.59M 243.44M 221.38M 231.91M 178.35M 161.54M 115.61M 88.58M 92.20M 75.52M 51.14M 42.63M 19.30M 23.48M 38.63M 45.82M 46.15M 37.27M 31.71M 24.44M 20.79M
(+) Total Debt 1,770.31M 1,806.46M 2,045.80M 2,230.01M 2,043.51M 1,731.62M 1,133.57M 645.22M 598.31M 562.24M 513.71M 400.19M 316.66M 241.43M 192.70M 157.84M 160.87M 168.37M 134.75M 126.06M 83.93M 47.74M 33.72M 41.25M 59.23M 52.91M 45.69M 98.14M 111.61M 128.26M 140.60M
Enterprise Value 6,765,955,892.72 6,088,151,730.97 5,740,284,562.76 6,330,431,935.83 8,483,013,758.36 7,579,589,231.88 5,785,337,063.07 4,702,589,367.31 4,274,094,758.35 3,980,673,979.51 3,538,903,245.96 2,856,976,505.77 2,908,703,808.16 2,201,749,956.28 1,633,701,386.93 1,277,691,746.30 968,310,693.74 957,547,165.05 1,356,926,609.15 1,132,081,164.62 764,868,650.49 577,007,346.54 493,042,760.12 757,919,239.76 1,715,223,583.52 1,259,631,960.53 2,095,152,111.09 1,879,344,180.79 1,310,117,020.96 1,336,414,648.81 1,638,611,295.20

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 7,262.02M 6,887.40M 6,722.48M 6,694.45M 6,415.05M 5,381.06M 5,487.96M 5,241.46M 4,635.59M 4,344.09M 3,914.90M 3,783.71M 3,384.69M 3,156.54M 2,448.51M 2,215.78M 1,789.35M 1,833.01M 1,723.56M 1,394.49M 1,060.57M 667.89M 767.04M 776.20M 1,078.22M 1,040.51M 1,197.70M 1,005.69M 1,740.28M 2,103.77M 1,619.13M
Cost of Revenue 4,933.58M 4,566.42M 4,528.28M 4,716.33M 4,474.79M 3,819.19M 3,738.84M 3,508.21M 3,050.95M 2,799.60M 2,501.85M 2,615.88M 2,392.96M 2,160.20M 1,654.64M 1,433.52M 1,142.68M 1,133.01M 1,011.18M 930.48M 729.29M 441.27M 470.17M 533.42M 789.62M 759.16M 981.64M 803.99M 1,199.18M 1,540.81M 1,130.28M
Gross Profit 2,328.44M 2,320.98M 2,194.21M 1,978.12M 1,940.26M 1,561.87M 1,749.11M 1,733.25M 1,584.64M 1,544.49M 1,413.05M 1,167.84M 991.73M 996.34M 793.88M 782.26M 646.66M 700.01M 712.38M 464.01M 331.28M 226.62M 296.88M 242.78M 288.60M 281.35M 216.06M 201.70M 541.09M 562.96M 488.85M
Gross Margin 32.1% 33.7% 32.6% 29.5% 30.2% 29.0% 31.9% 33.1% 34.2% 35.6% 36.1% 30.9% 29.3% 31.6% 32.4% 35.3% 36.1% 38.2% 41.3% 33.3% 31.2% 33.9% 38.7% 31.3% 26.8% 27.0% 18.0% 20.1% 31.1% 26.8% 30.2%
R&D Expenses 2.73M 6.66M 6.91M 13.39M 20.47M 9.82M 2.55M 3.70M 3.50M 1.50M 0.75M 0.60M 0.57M 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 0.00M 0.00M 0.00M 0.00M 0.00M
SG&A Expenses 1,410.21M 1,258.39M 1,303.42M 1,314.42M 1,203.25M 1,147.58M 1,174.26M 1,086.84M 928.64M 903.12M 780.64M 692.11M 565.06M 425.50M 358.90M 298.08M 256.96M 216.50M 189.65M 140.38M 93.54M 97.17M 103.19M 99.29M 184.20M 190.33M 228.20M 137.43M 266.23M 313.94M 235.23M
Operating Expenses 1,412.94M 1,265.05M 1,310.34M 1,327.82M 1,223.71M 1,157.40M 1,176.80M 1,090.55M 932.14M 904.62M 781.38M 692.71M 565.63M 425.54M 358.90M 298.08M 256.96M 216.50M 189.65M 140.38M 93.54M 97.17M 103.19M 99.29M 184.20M 190.33M 228.20M 137.43M 266.23M 313.94M 235.23M
Operating Income 915.50M 1,055.93M 883.87M 650.30M 716.55M 404.46M 572.31M 642.70M 652.50M 639.87M 631.67M 475.12M 426.10M 570.80M 434.97M 484.18M 389.71M 483.51M 522.73M 323.63M 237.74M 129.45M 193.68M 143.49M 104.40M 91.02M -12.13M 64.27M 274.86M 249.02M 253.61M
Operating Margin 12.6% 15.3% 13.1% 9.7% 11.2% 7.5% 10.4% 12.3% 14.1% 14.7% 16.1% 12.6% 12.6% 18.1% 17.8% 21.9% 21.8% 26.4% 30.3% 23.2% 22.4% 19.4% 25.3% 18.5% 9.7% 8.7% -1.0% 6.4% 15.8% 11.8% 15.7%
Interest Income 12.62M 16.51M 13.88M 6.77M 5.68M 7.27M 6.67M 7.10M 5.79M 5.47M 3.47M 4.00M 3.32M 3.02M 2.28M 1.93M 2.31M 2.60M 1.46M 0.86M 0.62M 0.11M 0.09M 0.02M 0.08M 0.06M 0.00M 0.00M 0.00M 0.04M 0.02M
Interest Expense 88.24M 89.28M 80.57M 79.97M 65.94M 61.39M 41.47M 36.89M 28.97M 26.30M 22.94M 22.36M 15.07M 11.37M 10.23M 9.01M 8.08M 10.39M 5.52M 4.42M 3.05M 1.21M 0.60M 0.14M 0.49M 0.69M 0.33M 2.03M 0.30M 2.50M 3.09M
Net Interest Income -75.62M -72.77M -66.70M -73.21M -60.26M -54.12M -34.80M -29.79M -23.18M -20.83M -19.47M -18.36M -11.75M -8.35M -7.96M -7.08M -5.77M -7.79M -4.06M -3.55M -2.43M -1.10M -0.51M -0.12M -0.41M -0.63M -0.33M -2.03M -0.30M -2.46M -3.07M
Other Income / Expense -552.54M -690.03M -578.21M -424.36M -470.42M -208.47M -387.00M -431.19M -446.90M -442.05M -466.97M -319.72M -270.11M -409.51M -313.68M -380.80M -322.76M -417.88M -439.75M -256.54M -185.29M -92.07M -160.93M -107.08M -54.70M -48.76M 66.18M -12.48M -223.31M -157.56M -175.64M
Pre-Tax Income 287.33M 293.13M 238.96M 152.74M 185.86M 141.87M 150.51M 181.73M 182.42M 176.99M 145.23M 137.05M 144.23M 152.94M 113.34M 96.30M 61.18M 57.85M 78.92M 63.54M 50.03M 36.28M 32.25M 36.30M 49.30M 41.64M 53.71M 49.76M 51.25M 89.00M 74.91M
Pre-Tax Margin 4.0% 4.3% 3.6% 2.3% 2.9% 2.6% 2.7% 3.5% 3.9% 4.1% 3.7% 3.6% 4.3% 4.8% 4.6% 4.3% 3.4% 3.2% 4.6% 4.6% 4.7% 5.4% 4.2% 4.7% 4.6% 4.0% 4.5% 4.9% 2.9% 4.2% 4.6%
Income Tax Expense 78.56M 89.10M 75.40M 62.28M 53.06M 38.04M 44.95M 55.24M 48.97M 47.89M 50.92M 50.99M 54.40M 48.59M 37.85M 30.09M 21.96M 20.44M 23.79M 19.83M 18.31M 11.85M 15.16M 13.72M 16.05M 15.90M 21.09M 19.20M 16.66M 32.24M 28.76M
Tax Rate 27.3% 30.4% 31.6% 35.0% 28.5% 26.8% 29.9% 30.4% 26.8% 27.1% 35.0% 35.0% 35.0% 31.8% 33.4% 31.2% 35.0% 35.0% 30.1% 31.2% 35.0% 32.7% 35.0% 35.0% 32.6% 35.0% 35.0% 35.0% 32.5% 35.0% 35.0%
Net Income 208.77M 204.03M 163.56M 90.46M 132.81M 103.82M 105.56M 126.49M 133.45M 129.10M 94.31M 86.06M 89.83M 104.35M 75.49M 66.21M 39.22M 37.41M 55.13M 43.70M 31.72M 24.43M 17.09M 22.58M 33.25M 25.73M 32.63M 30.57M 34.59M 56.76M 46.14M
Net Margin 2.9% 3.0% 2.4% 1.4% 2.1% 1.9% 1.9% 2.4% 2.9% 3.0% 2.4% 2.3% 2.7% 3.3% 3.1% 3.0% 2.2% 2.0% 3.2% 3.1% 3.0% 3.7% 2.2% 2.9% 3.1% 2.5% 2.7% 3.0% 2.0% 2.7% 2.8%
EBIT 915.50M 1,055.93M 883.87M 650.30M 716.55M 404.46M 572.31M 642.70M 652.50M 639.87M 631.67M 475.12M 426.10M 570.80M 434.97M 484.18M 389.71M 483.51M 522.73M 323.63M 237.74M 129.45M 193.68M 143.49M 104.40M 91.02M -12.13M 64.27M 274.86M 249.02M 253.61M
Depreciation & Amortization 177.31M 194.16M 187.18M 200.61M 200.44M 209.96M 160.86M 114.33M 98.40M 83.44M 74.97M 69.52M 60.77M 54.62M 44.00M 40.66M 36.06M 31.01M 29.85M 26.01M 18.56M 16.05M 15.61M 19.12M 29.56M 30.09M 28.58M 20.06M 20.66M 20.58M 16.59M
EBITDA 1,092.81M 1,250.08M 1,071.05M 850.92M 916.99M 614.42M 733.17M 757.03M 750.89M 723.31M 706.64M 544.65M 486.86M 625.42M 478.97M 524.83M 425.76M 514.52M 552.58M 349.64M 256.30M 145.50M 209.29M 162.62M 133.96M 121.11M 16.45M 84.32M 295.52M 269.60M 270.21M
EBITDA Margin 15.0% 18.2% 15.9% 12.7% 14.3% 11.4% 13.4% 14.4% 16.2% 16.7% 18.1% 14.4% 14.4% 19.8% 19.6% 23.7% 23.8% 28.1% 32.1% 25.1% 24.2% 21.8% 27.3% 21.0% 12.4% 11.6% 1.4% 8.4% 17.0% 12.8% 16.7%
NOPAT 665.18M 734.97M 604.99M 422.70M 512.00M 296.00M 401.38M 447.34M 477.33M 466.73M 410.58M 308.83M 276.96M 389.45M 289.71M 332.91M 253.31M 314.28M 365.15M 222.61M 154.53M 87.17M 125.89M 93.27M 70.41M 59.16M -7.89M 41.77M 185.49M 161.86M 164.85M
NOPAT Margin 9.2% 10.7% 9.0% 6.3% 8.0% 5.5% 7.3% 8.5% 10.3% 10.7% 10.5% 8.2% 8.2% 12.3% 11.8% 15.0% 14.2% 17.1% 21.2% 16.0% 14.6% 13.1% 16.4% 12.0% 6.5% 5.7% -0.7% 4.2% 10.7% 7.7% 10.2%
Owner's Earnings 386.08M 398.19M 350.74M 291.07M 333.25M 313.79M 266.42M 240.81M 231.85M 212.53M 169.28M 155.58M 150.60M 158.97M 119.49M 106.87M 75.28M 68.42M 84.98M 69.71M 50.28M 40.49M 32.70M 41.71M 62.81M 55.82M 61.21M 50.62M 55.25M 77.34M 62.74M
Owner's Earnings Margin 5.3% 5.8% 5.2% 4.3% 5.2% 5.8% 4.9% 4.6% 5.0% 4.9% 4.3% 4.1% 4.4% 5.0% 4.9% 4.8% 4.2% 3.7% 4.9% 5.0% 4.7% 6.1% 4.3% 5.4% 5.8% 5.4% 5.1% 5.0% 3.2% 3.7% 3.9%
EPS 0.54 0.51 0.41 0.22 0.38 0.26 0.25 0.36 0.33 0.33 0.33 0.27 0.27 0.34 0.25 0.23 0.14 0.16 0.21 0.16 0.15 0.14 0.09 0.13 0.17 0.15 0.17 0.12 0.10 0.14 0.12
EPS (Diluted) 0.54 0.51 0.41 0.22 0.38 0.26 0.25 0.36 0.33 0.33 0.33 0.27 0.27 0.34 0.25 0.23 0.14 0.16 0.21 0.16 0.15 0.14 0.09 0.13 0.17 0.15 0.17 0.12 0.10 0.14 0.12
Shares (Diluted) 388.78M 399.83M 400.17M 408.14M 351.43M 394.94M 424.51M 354.28M 400.02M 393.33M 288.05M 319.85M 328.05M 308.71M 300.92M 291.01M 284.73M 228.82M 257.30M 279.80M 205.44M 174.10M 181.18M 176.74M 194.20M 177.04M 193.17M 258.35M 338.02M 415.78M 397.68M

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 555.52M 582.97M 637.22M 639.37M 623.49M 543.54M 326.79M 352.31M 274.40M 243.34M 243.47M 244.85M 219.95M 234.35M 179.95M 164.45M 116.23M 88.25M 92.20M 75.52M 52.10M 51.52M 26.58M 25.44M 62.79M 47.77M 47.67M 37.27M 31.71M 25.63M 22.67M
Short-Term Investments 90.90M 36.76M 78.86M 75.77M 82.51M 77.37M 64.19M 24.49M 25.34M 40.76M 14.73M 19.50M 23.02M 9.91M 16.58M 27.02M 32.32M 6.30M 11.62M 5.95M 7.69M 2.97M 19.64M 3.11M 5.79M 3.60M 21.88M 21.45M 4.73M -0.62M -0.62M
Cash & Short-Term Investments 646.42M 619.73M 716.08M 715.14M 706.00M 620.91M 390.97M 376.80M 299.74M 284.10M 258.21M 264.36M 242.97M 244.26M 196.53M 191.47M 148.55M 94.55M 103.82M 81.47M 59.79M 54.49M 46.23M 28.55M 68.58M 51.37M 69.55M 58.73M 36.44M 25.01M 22.05M
Net Receivables 338.02M 350.57M 349.39M 379.33M 324.79M 304.21M 287.28M 285.81M 258.73M 212.95M 154.15M 173.05M 111.50M 92.24M 95.78M 71.61M 57.16M 68.87M 61.99M 50.96M 38.09M 19.52M 20.01M 20.59M 32.97M 32.75M 37.03M 33.95M 39.01M 55.22M 124.34M
Inventory 864.07M 765.74M 752.40M 763.21M 762.15M 693.71M 684.69M 648.59M 583.57M 512.54M 473.32M 418.93M 409.84M 386.22M 279.35M 245.57M 218.73M 225.58M 220.80M 184.32M 122.70M 90.53M 95.52M 85.25M 179.02M 156.18M 239.43M 200.17M 273.83M 354.99M 339.11M
Other Current Assets 112.89M 120.67M 139.96M 128.18M 131.18M 116.08M 136.09M 126.74M 99.10M 102.96M 85.91M 82.65M 76.91M 60.37M 44.02M 37.12M 39.56M 27.89M 33.99M 25.75M 14.69M 8.84M 6.07M 6.16M 11.01M 16.50M 20.38M 11.98M 16.62M 31.27M 12.14M
Total Current Assets 1,961.40M 1,856.71M 1,957.83M 1,985.85M 1,924.11M 1,734.91M 1,499.04M 1,437.94M 1,241.14M 1,112.55M 971.59M 938.98M 841.22M 783.09M 615.68M 545.77M 464.00M 416.89M 420.60M 342.50M 235.27M 173.38M 167.83M 140.54M 291.57M 256.81M 366.39M 304.82M 365.89M 466.49M 497.64M
Property, Plant & Equipment 1,470.55M 1,457.00M 1,489.19M 1,530.86M 1,402.30M 1,331.88M 1,063.69M 603.55M 560.82M 501.90M 465.44M 423.31M 405.54M 356.40M 325.46M 290.55M 254.00M 227.89M 203.40M 186.12M 141.41M 78.07M 102.08M 104.73M 185.66M 153.80M 159.50M 126.41M 144.35M 221.36M 192.66M
Goodwill 187.11M 273.71M 340.80M 348.43M 367.30M 346.43M 355.79M 350.89M 300.52M 255.32M 143.45M 151.84M 127.23M 74.31M 40.83M 18.93M 15.92M 15.22M 24.51M 15.68M 1.35M 0.02M 0.00M 0.00M 0.91M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 156.20M 169.29M 246.24M 265.26M 247.14M 233.81M 204.09M 157.72M 163.88M 159.82M 122.59M 94.69M 86.72M 67.41M 38.32M 32.65M 23.82M 21.79M 13.37M 10.79M 14.53M 10.90M 9.50M 10.61M 3.23M 1.62M 1.87M 1.99M 1.12M 0.00M 0.00M
Long-Term Investments 122.07M 67.40M 80.97M 76.58M 100.00M 88.42M 81.73M 56.58M 56.49M 69.27M 57.88M 54.02M 38.57M 13.52M 6.79M 6.64M 4.15M 3.13M 2.31M 2.07M 0.41M 0.00M 0.00M 0.00M 0.01M 0.03M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 30.06M 55.21M 66.38M 65.06M 55.92M 46.28M 40.63M 39.50M 30.44M 32.22M 18.23M 14.06M 12.36M 14.45M 10.44M 11.35M 8.77M 9.06M 6.40M 5.38M 2.85M 1.85M 0.60M 0.64M 0.82M 0.00M 0.03M 0.00M 0.23M 0.45M 1.11M
Other Non-Current Assets 126.67M 145.49M 146.19M 136.22M 128.28M 152.89M 111.67M 107.33M 124.49M 82.85M 87.27M 72.29M 52.39M 71.79M 65.11M 59.58M 47.07M 41.27M 37.82M 31.23M 25.18M 9.52M 11.36M 17.44M 27.55M 28.88M 31.21M 8.44M 10.87M 16.54M 14.10M
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 2,092.67M 2,168.11M 2,369.76M 2,422.40M 2,300.93M 2,199.71M 1,857.61M 1,315.57M 1,236.65M 1,101.38M 894.86M 810.21M 722.81M 597.89M 486.93M 419.69M 353.74M 318.36M 287.80M 251.26M 185.73M 100.36M 123.54M 133.42M 218.18M 184.34M 192.61M 136.83M 156.57M 238.34M 207.87M
Total Assets 4,054.07M 4,024.82M 4,327.60M 4,408.26M 4,225.05M 3,934.63M 3,356.65M 2,753.50M 2,477.79M 2,213.93M 1,866.45M 1,749.19M 1,564.04M 1,380.98M 1,102.61M 965.47M 817.74M 735.25M 708.41M 593.76M 421.00M 273.74M 291.37M 273.96M 509.75M 441.15M 559.00M 441.65M 522.46M 704.84M 705.51M
Accounts Payable 646.27M 557.09M 646.34M 688.23M 719.93M 594.61M 557.07M 572.82M 457.94M 380.85M 334.76M 327.98M 274.63M 259.43M 198.97M 174.56M 131.03M 134.33M 120.61M 124.40M 100.34M 56.63M 56.77M 69.32M 86.91M 83.10M 89.25M 88.21M 125.78M 135.07M 125.63M
Short-Term Debt 172.30M 140.40M 193.57M 221.60M 167.03M 147.95M 175.69M 136.21M 99.74M 54.86M 59.89M 64.17M 44.73M 55.88M 36.96M 40.05M 27.21M 41.49M 27.86M 17.83M 21.93M 5.07M 3.46M 3.39M 7.40M 6.90M 10.39M 6.01M 4.57M 18.46M 11.98M
Tax Payables 8.11M 36.02M 40.50M 42.24M 51.61M 43.88M 37.84M 36.29M 31.48M 31.30M 22.26M 24.13M 17.53M 17.86M 14.14M 9.82M 6.52M 8.17M 7.85M 6.38M 4.70M 1.55M 0.03M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.46M
Deferred Revenue 29.66M 31.28M 66.22M 78.85M 126.71M 108.08M 103.60M 61.64M 74.96M 60.27M 51.44M 45.51M 36.06M 36.25M 19.68M 15.93M 12.11M 9.61M 23.30M 10.83M 3.29M 1.11M 0.17M 0.27M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 305.42M 272.50M 261.39M 257.36M 274.98M 228.59M 186.20M 205.56M 175.37M 164.52M 123.90M 119.29M 98.08M 96.56M 73.93M 72.30M 63.18M 60.94M 58.58M 50.42M 32.80M 21.53M 16.57M 16.85M 43.47M 46.39M 42.76M 31.88M 44.71M 70.01M 62.09M
Total Current Liabilities 1,161.77M 1,037.29M 1,208.03M 1,288.28M 1,340.25M 1,123.12M 1,060.42M 1,012.51M 839.49M 691.81M 592.24M 581.08M 471.03M 465.98M 343.67M 312.66M 240.04M 254.54M 238.20M 209.85M 163.06M 85.89M 77.01M 89.84M 137.80M 136.39M 142.40M 126.11M 175.06M 223.55M 200.15M
Long-Term Debt 895.33M 783.39M 842.65M 878.28M 847.05M 779.58M 556.06M 465.12M 442.21M 457.31M 386.99M 256.76M 239.56M 143.74M 140.55M 88.24M 84.97M 98.94M 68.79M 66.32M 49.05M 34.75M 38.11M 36.59M 54.10M 35.08M 37.03M 92.55M 75.70M 96.68M 111.76M
Capital Lease Obligations 365.48M 593.06M 622.86M 704.12M 780.43M 714.51M 267.24M 15.91M 10.44M 7.77M 4.41M 2.66M 2.54M 1.34M 0.37M 0.33M 0.12M 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
Deferred Tax Liabilities 26.77M 47.69M 51.94M 64.82M 63.74M 50.97M 50.51M 43.62M 40.91M 39.20M 29.04M 22.79M 21.00M 16.25M 10.03M 7.57M 6.06M 3.67M 4.32M 4.84M 4.14M 2.10M 1.70M 1.04M 2.08M 2.01M 1.87M 2.07M 10.42M 11.87M 5.54M
Other Non-Current Liabilities 198.70M 143.69M 161.43M 138.01M 149.00M 157.53M 141.66M 100.35M 104.90M 96.25M 74.74M 67.21M 66.86M 69.14M 34.09M 47.03M 26.21M 35.96M 21.53M 18.46M 17.18M 7.82M 5.98M 6.99M 5.63M 1.95M 1.24M 1.42M 0.41M 1.71M 0.29M
Total Non-Current Liabilities 1,486.28M 1,567.83M 1,678.87M 1,785.22M 1,840.21M 1,702.58M 1,015.47M 624.99M 598.46M 600.52M 495.18M 349.41M 329.96M 230.46M 185.04M 143.17M 117.35M 138.57M 94.64M 89.61M 70.37M 44.68M 45.79M 44.62M 61.81M 39.05M 40.14M 96.05M 86.53M 110.26M 117.59M
Total Liabilities 2,648.06M 2,605.12M 2,886.90M 3,073.50M 3,180.46M 2,825.70M 2,075.89M 1,637.51M 1,437.95M 1,292.33M 1,087.41M 930.49M 800.99M 696.45M 528.71M 455.83M 357.40M 393.10M 332.84M 299.47M 233.42M 130.58M 122.80M 134.46M 199.61M 175.44M 182.54M 222.15M 261.60M 333.81M 317.75M
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 91.40M 91.84M 89.71M 87.80M 78.88M 84.54M 91.13M 94.81M 89.96M 73.24M 77.20M 82.15M 70.47M 71.43M 58.44M 50.07M 47.72M 44.88M 33.04M 31.97M 20.39M 13.39M 9.74M 8.86M 17.11M 11.75M 4.33M 1.94M 1.62M 1.91M 2.83M
Retained Earnings 591.97M 479.05M 451.67M 410.58M 458.10M 425.12M 569.08M 670.01M 628.66M 582.24M 464.06M 393.91M 290.90M 277.92M 242.65M 195.97M 145.47M 149.60M 132.61M 106.35M 88.40M 74.47M 89.61M 84.38M 141.89M 126.70M 134.87M 98.86M 199.31M 235.73M 233.44M
Accumulated OCI 39.72M 20.97M 18.02M 6.76M -14.30M -2.99M -0.18M -3.13M -5.53M -12.69M 2.03M -5.68M -3.49M -0.26M -4.40M -1.91M -1.62M 0.17M 0.38M 0.18M 0.12M 0.12M -0.05M -0.63M -11.45M -4.07M -3.31M -8.04M -9.42M -13.99M 0.86M
Minority Interest 8.44M 10.92M 6.97M 7.19M 9.77M 10.22M 5.78M 5.60M 4.43M 3.30M 2.99M 2.12M 4.43M 4.25M 1.25M 1.43M 1.15M 1.44M 1.73M 1.48M 0.57M 0.00M 0.00M 0.00M 0.09M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 723.10M 591.86M 559.40M 505.14M 522.68M 506.68M 660.04M 761.69M 713.08M 642.78M 543.30M 470.38M 357.88M 349.10M 296.70M 244.14M 191.58M 194.65M 166.02M 138.50M 108.92M 87.99M 99.30M 92.61M 147.55M 134.38M 135.90M 92.76M 191.51M 223.65M 237.13M
Total Equity 731.53M 602.77M 566.37M 512.33M 532.45M 516.90M 665.82M 767.29M 717.52M 646.09M 546.29M 472.50M 362.31M 353.35M 297.95M 245.57M 192.73M 196.09M 167.75M 139.98M 109.49M 87.99M 99.30M 92.61M 147.64M 134.38M 135.90M 92.76M 191.51M 223.65M 237.13M
Total Liabilities & Equity 3,379.59M 3,207.89M 3,453.27M 3,585.83M 3,712.91M 3,342.60M 2,741.71M 2,404.80M 2,155.46M 1,938.42M 1,633.70M 1,402.99M 1,163.30M 1,049.79M 826.66M 701.40M 550.13M 589.19M 500.59M 439.45M 342.91M 218.57M 222.10M 227.07M 347.25M 309.83M 318.44M 314.91M 453.11M 557.46M 554.87M
Tangible Assets 3,710.76M 3,581.82M 3,740.56M 3,794.57M 3,610.61M 3,354.39M 2,796.77M 2,244.89M 2,013.38M 1,798.80M 1,600.41M 1,502.66M 1,350.09M 1,239.26M 1,023.46M 913.89M 778.00M 698.24M 670.52M 567.29M 405.12M 262.82M 281.87M 263.35M 505.61M 439.53M 557.13M 439.67M 521.34M 704.84M 705.51M
Tangible Equity 388.22M 159.78M -20.67M -101.35M -81.99M -63.34M 105.93M 258.68M 253.11M 230.95M 280.25M 225.97M 148.36M 211.63M 218.81M 193.99M 152.99M 159.08M 129.87M 113.52M 93.60M 77.07M 89.80M 82.00M 143.50M 132.76M 134.03M 90.77M 190.39M 223.65M 237.13M
Tangible Book Value 388,223,674.22 159,779,337.25 -20,668,374.83 -101,354,656.19 -81,987,118.98 -63,343,898.81 105,934,991.95 258,680,251.47 253,111,121.78 230,951,484.19 280,249,402.78 225,968,777.56 148,361,038.67 211,628,831.33 218,806,202.23 193,991,177.07 152,989,322.30 159,077,433.07 129,869,998.47 113,517,609.61 93,603,885.79 77,065,739.71 89,800,846.88 81,997,027.18 143,497,879.53 132,762,499.73 134,027,419.44 90,770,310.16 190,390,131.88 223,654,109.58 237,129,058.76
Total Investments 216.42M 138.98M 151.73M 161.29M 161.80M 170.50M 167.01M 112.26M 134.16M 121.98M 86.23M 82.46M 75.08M 39.99M 22.28M 20.79M 13.80M 16.10M 17.40M 11.37M 9.28M 5.89M 3.23M 4.91M 4.46M 4.55M 1.45M 0.00M 0.01M 0.00M 0.31M
Net Debt 512.11M 340.82M 399.00M 460.50M 390.59M 383.99M 404.96M 249.02M 267.55M 268.83M 203.40M 76.08M 64.34M -34.74M -2.44M -36.16M -4.06M 52.18M 4.45M 8.63M 18.88M -11.70M 14.99M 14.55M -1.29M -5.79M -0.25M 61.29M 48.56M 89.51M 101.07M

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 892.21M 465.31M 370.39M 507.73M 495.81M 464.02M 324.70M 430.60M 482.21M 483.92M 387.96M 396.99M 484.58M 302.24M 181.84M 190.49M 121.98M 117.24M 128.87M 121.92M 76.81M 94.53M 64.83M 205.03M 205.72M 212.58M 235.62M 110.68M 185.98M 287.65M 313.04M
Total Capital 3,355.35M 3,163.19M 3,335.74M 3,401.14M 3,401.47M 2,978.84M 2,398.77M 2,015.96M 1,713.42M 1,698.27M 1,508.66M 1,398.89M 1,043.22M 929.62M 691.10M 622.48M 547.72M 583.51M 540.30M 493.66M 345.13M 246.48M 265.67M 215.56M 437.67M 375.93M 389.99M 294.28M 408.18M 511.86M 528.68M
Capital Employed 3,568.84M 3,264.04M 3,462.68M 3,743.61M 3,820.53M 3,578.71M 2,660.67M 2,563.43M 2,334.78M 2,334.70M 1,920.00M 1,911.05M 1,462.77M 1,219.64M 931.49M 702.74M 747.07M 694.98M 583.70M 551.43M 349.64M 281.17M 314.49M 398.78M 498.04M 559.17M 665.03M 427.00M 427.06M 598.20M 591.61M
Invested Capital 2,799.83M 2,580.22M 2,698.52M 2,761.77M 2,777.99M 2,435.29M 2,071.98M 1,663.65M 1,439.02M 1,454.93M 1,265.18M 1,154.03M 823.27M 695.26M 511.15M 458.03M 431.49M 495.26M 448.10M 418.14M 293.03M 194.96M 239.09M 190.12M 374.88M 328.16M 342.32M 257.01M 376.47M 486.23M 506.01M

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 171.30M 198.41M 219.42M 226.75M 216.90M 218.09M 183.24M 120.01M 102.30M 86.04M 88.92M 70.20M 63.52M 57.97M 44.56M 40.10M 35.98M 30.48M 30.77M 27.46M 20.39M 17.91M 21.23M 23.08M 34.82M 31.73M 24.35M 19.91M 20.70M 20.58M 16.59M
Deferred Income Tax 2.81M -0.92M -0.58M 0.30M -2.74M -1.44M -0.13M -1.57M 1.28M 1.03M -0.57M 1.13M -3.01M 0.51M 0.39M -0.24M -0.52M -0.70M -0.77M -0.87M 0.17M 0.19M 0.36M 0.47M -0.68M -0.66M -0.06M 0.53M 0.38M 0.83M 1.27M
Stock-Based Compensation 18.58M 18.81M 19.81M 19.29M 16.84M 13.47M 10.65M 8.19M 8.15M 7.11M 5.09M 4.88M 3.76M 3.15M 1.98M 1.87M 1.08M 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 -21.83M -34.66M -42.50M -104.50M -12.03M 56.19M -20.39M -16.11M -15.18M 3.82M -17.08M -18.67M -12.31M -1.92M -8.84M 12.57M 5.49M -9.99M -5.81M -8.63M -4.93M 1.29M -2.16M 3.52M -4.57M -7.47M -9.40M -0.09M 3.41M -11.55M -14.55M
Accounts Receivable -6.22M -12.58M -6.14M -21.79M -32.54M -5.02M -24.74M -12.62M -18.41M -12.59M -3.40M -10.59M -4.70M -1.88M 0.00M 0.00M 0.00M 0.00M 0.00M 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 -18.24M -15.00M -5.96M -65.44M -66.04M 7.18M -24.79M -47.83M -25.50M -24.60M -23.66M -31.58M -30.39M -14.10M -20.32M -4.36M 2.52M -7.61M -13.51M -10.68M -11.81M -9.13M -9.46M -8.12M -7.70M -20.31M -16.19M -6.42M -7.75M -23.04M -32.10M
Accounts Payable 15.81M 8.66M -6.67M 21.84M 68.46M 25.10M 21.02M 32.85M 28.52M 17.70M 8.93M 2.94M 4.79M 0.53M 1.05M 1.72M 0.00M 0.00M 0.00M 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 3.71M 2.84M -24.03M -40.86M 16.20M 38.52M 11.57M 15.46M -3.94M 23.88M 3.98M 4.02M 11.89M 9.50M 7.26M 12.45M 4.77M 1.39M 9.07M 5.56M 8.11M 11.07M 4.21M 7.41M 22.74M 1.41M 13.93M 4.21M 8.20M 6.08M -4.94M
Other Non-Cash Items 95.90M 88.08M 112.21M 120.41M 59.29M 76.28M 39.75M 27.49M 6.49M 5.75M -1.20M 6.87M 11.39M 2.85M -0.08M 5.24M 4.66M 1.58M -6.44M 0.53M 0.92M 1.80M 4.90M 9.63M 13.86M 9.59M -0.72M 0.30M -3.41M -0.16M -1.98M
Net Cash from Operating Activities 465.12M 561.15M 502.79M 306.13M 415.26M 450.03M 322.10M 298.29M 246.69M 231.08M 184.66M 170.64M 161.97M 182.61M 120.29M 151.07M 89.96M 76.28M 84.79M 62.72M 48.64M 39.75M 77.93M 74.89M 77.99M 91.46M 67.65M 75.11M 46.84M 53.74M 16.02M
Capital Expenditures (PPE) -120.63M -166.61M -169.15M -167.16M -136.41M -126.08M -139.14M -138.62M -121.78M -123.57M -108.26M -97.83M -88.97M -78.88M -59.87M -51.10M -49.32M -55.75M -49.77M -44.36M -38.81M -26.35M -19.35M -32.24M -46.96M -53.54M -63.50M -33.39M -33.70M -47.59M -44.65M
Acquisitions (Net) -0.31M -3.60M -1.63M -23.28M -15.05M -8.39M -20.82M -11.02M -28.48M -8.52M -14.33M -6.28M -8.56M -7.51M -2.77M -1.73M -1.00M -6.41M -2.32M -4.62M -1.56M -0.31M 0.00M -0.42M -1.73M -0.21M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -10.85M -35.79M -52.88M -57.90M -32.67M -47.86M -38.17M -25.05M -38.51M -34.14M -47.49M -16.72M -7.76M -1.27M -3.63M -4.01M -2.38M -13.18M -8.08M -4.60M -6.55M -1.51M -2.31M -1.66M -0.60M -4.27M -1.07M -0.73M -0.42M -0.14M -0.46M
Sales / Maturities of Investments 11.36M 57.98M 47.21M 62.88M 29.56M 23.70M 30.22M 46.51M 36.29M 40.87M 16.28M 12.35M 8.03M 3.82M 3.76M 2.63M 3.34M 3.93M 4.22M 1.79M 7.97M 0.89M 0.64M 0.41M 0.94M 0.22M 1.28M 0.87M 1.01M 1.20M 0.00M
Other Investing Activities 7.04M 13.47M 0.53M 13.61M 4.83M 7.60M 4.14M 0.97M -6.22M 2.59M 4.76M -1.00M -3.07M -0.12M 1.50M 0.21M 0.95M -0.41M 0.47M -1.83M -0.27M 1.41M 1.18M 2.72M 0.86M 1.37M -1.04M 2.37M 0.72M 0.79M -1.49M
Net Cash from Investing Activities -157.71M -155.64M -161.11M -157.88M -185.71M -145.18M -179.49M -162.24M -178.60M -122.55M -128.66M -117.75M -118.37M -90.55M -66.94M -60.25M -40.28M -68.04M -59.76M -54.91M -48.76M -30.59M -22.59M -31.40M -69.75M -47.78M -85.56M -68.69M -37.69M -30.30M -28.56M
Net Debt Issuance -7.27M -5.21M -6.64M 29.72M 68.07M 15.21M -26.01M 5.15M 28.65M -2.13M 48.24M 23.63M 11.81M 3.67M -6.49M -18.43M -14.61M 8.06M 6.06M 6.40M -2.33M -1.18M -3.80M -3.16M -2.04M 1.84M 4.18M 2.24M 3.32M 9.54M 2.51M
Long-Term Debt Issuance -13.31M -5.32M 14.64M 35.35M 92.97M 47.45M -16.69M 14.14M 26.64M 4.42M 48.64M 27.90M 28.60M 2.96M 0.61M -11.65M -8.63M 5.75M 4.18M 5.30M -3.65M -1.01M -3.11M -3.06M -2.04M 1.84M 4.18M 2.24M 3.32M 9.54M 2.51M
Short-Term Debt Issuance -0.05M 0.94M -1.63M 0.00M 0.00M -6.62M -0.60M -0.35M 1.40M 0.00M 0.00M -0.61M 0.00M 0.00M -0.18M -0.93M -2.03M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -17.83M -38.48M -18.71M -62.59M -22.92M -11.62M -10.20M -38.86M -16.38M -17.88M -7.61M -8.49M -10.40M -0.83M -1.53M -1.45M -0.67M -3.24M -2.31M 0.15M -0.07M 0.60M 3.16M 6.52M 0.54M 0.74M 1.12M 2.22M 0.74M 0.85M 0.05M
Common Stock Issuance 0.10M 0.03M 0.36M 2.18M 5.96M 17.65M 0.26M 1.40M 0.43M 0.92M 0.50M 4.56M 0.40M 0.20M 2.00M 0.40M 0.33M 0.56M 2.74M 3.82M 2.53M 2.12M 7.12M 11.84M 6.77M 17.90M 6.59M 4.50M 4.28M 2.59M 1.05M
Common Stock Repurchased -18.21M -38.27M -30.04M -56.81M -25.02M -16.10M -12.78M -40.84M -24.82M -32.53M -10.57M -13.73M -8.17M -7.72M -1.82M -1.95M -0.90M -3.97M -3.08M -0.43M -2.05M -0.09M 0.00M 0.00M -0.15M -1.07M -0.56M -0.02M -0.39M -0.08M -0.05M
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 -32.55M -55.67M -33.94M -32.27M -27.38M -21.52M -31.56M -26.65M -28.13M -22.18M -22.03M -24.83M -22.75M -15.89M -10.54M -8.02M -8.44M -9.47M -7.63M -5.64M -3.65M -2.42M -0.98M -0.58M -0.35M -0.74M -0.85M -2.65M -2.07M -2.22M -6.71M
Common Dividends Paid -30.70M -55.61M -34.32M -30.07M -26.66M -21.24M -31.73M -26.28M -27.93M -22.18M -21.88M -21.73M -20.60M -17.16M -10.32M -7.07M -7.68M -8.57M -7.58M -5.36M -3.55M -2.42M -0.88M -0.30M -0.35M -0.74M -0.86M -2.77M -2.27M -2.22M -6.71M
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 -54.40M -56.40M -56.53M -44.91M -41.45M -28.85M -15.23M -9.58M -5.28M -0.86M -1.60M 1.70M -2.23M -1.46M -2.43M -0.04M -0.82M 1.06M 4.43M 0.00M 0.51M 3.08M 0.77M 0.42M 1.79M 3.51M -0.66M 0.17M 0.17M 0.05M 0.62M
Net Cash from Financing Activities -270.73M -336.94M -267.52M -153.53M -98.95M -72.05M -148.33M -72.18M -43.50M -97.67M -33.08M -15.63M -47.57M -30.62M -46.11M -29.57M -27.38M -14.16M -14.44M 3.38M -13.50M -0.28M 0.69M 6.78M 21.63M 10.53M 7.55M 13.91M -0.10M 11.47M 0.46M
Effect of FX on Cash -1.06M -0.33M 0.82M -0.74M -0.82M -0.44M -0.23M -0.25M 0.26M -0.42M -0.68M -0.55M -0.07M 0.00M -0.12M 0.00M -0.05M -0.06M 0.07M 0.09M 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M -0.02M -0.01M 0.00M 0.00M 0.00M
Net Change in Cash 49.53M 3.43M 21.76M -33.08M 64.97M 185.40M -8.86M 29.72M 28.21M 4.21M 9.63M 18.98M 6.62M 33.25M 3.93M 26.00M 12.67M 5.56M 5.40M 14.69M -1.68M 15.08M 6.36M 9.25M 2.05M 2.41M 6.81M 6.96M 1.32M 0.05M 4.92M
Cash at Beginning of Period 444.70M 563.11M 592.97M 616.26M 534.92M 303.99M 339.21M 292.98M 270.70M 247.77M 248.99M 212.65M 233.68M 191.62M 148.26M 109.95M 88.23M 83.62M 75.12M 58.36M 57.96M 20.58M 26.47M 40.31M 54.03M 69.20M 35.13M 30.34M 22.15M 38.54M 23.72M
Cash at End of Period 634.44M 554.73M 579.25M 575.68M 613.71M 528.69M 300.46M 343.14M 273.36M 268.04M 224.11M 239.61M 215.45M 231.63M 175.82M 155.37M 118.78M 86.47M 84.21M 73.73M 57.90M 60.57M 49.19M 30.85M 124.67M 59.87M 69.87M 59.58M 24.72M 24.85M 22.34M
Operating Cash Flow 465.86M 560.97M 537.60M 306.13M 413.91M 450.03M 322.10M 298.29M 246.69M 231.08M 184.38M 170.64M 161.97M 182.61M 120.29M 151.07M 89.96M 76.28M 84.79M 62.71M 48.59M 39.75M 77.90M 74.88M 77.99M 91.46M 67.65M 66.04M 46.84M 53.74M 16.02M
Capital Expenditure -125.04M -173.57M -160.92M -176.28M -136.41M -126.96M -140.39M -143.44M -123.21M -124.46M -109.32M -97.86M -90.23M -78.95M -59.87M -51.53M -49.36M -56.05M -49.77M -44.36M -38.84M -26.37M -19.36M -32.26M -47.16M -53.54M -63.50M -33.35M -33.64M -47.55M -44.65M
Free Cash Flow 308.93M 329.94M 344.68M 162.96M 281.64M 283.50M 190.91M 150.60M 132.47M 118.91M 84.99M 87.33M 86.48M 106.24M 68.79M 77.28M 48.24M 23.66M 39.42M 23.81M 16.94M 17.02M 17.00M 33.73M 10.58M 9.16M -5.92M 0.40M 4.91M -2.47M -17.16M

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 603.45M 635.53M 574.99M 442.78M 446.48M 363.55M 354.50M 314.66M 290.22M 277.16M 266.56M 252.30M 231.78M 217.19M 167.79M 146.03M 98.94M 104.28M 118.30M 91.80M 70.02M 48.55M 76.27M 74.14M 122.05M 79.77M 104.17M 78.89M 85.79M 129.52M 106.49M
(-) Tax Adjustment 165.00M 193.17M 181.42M 180.55M 127.45M 97.49M 105.88M 95.65M 77.91M 75.00M 93.46M 93.88M 87.42M 69.00M 56.03M 45.62M 35.51M 36.84M 35.66M 28.65M 25.63M 15.86M 35.85M 28.01M 39.73M 30.47M 40.89M 30.43M 27.89M 46.92M 40.89M
(-) Change In Working Capital -21.83M -34.66M -42.50M -104.50M -12.03M 56.19M -20.39M -16.11M -15.18M 3.82M -17.08M -18.67M -12.31M -1.92M -8.84M 12.57M 5.49M -9.99M -5.81M -8.63M -4.93M 1.29M -2.16M 3.52M -4.57M -7.47M -9.40M -0.09M 3.41M -11.55M -14.55M
(-) Capital Expenditure 125.04M 173.57M 160.92M 176.28M 136.41M 126.96M 140.39M 143.44M 123.21M 124.46M 109.32M 97.86M 90.23M 78.95M 59.87M 51.53M 49.36M 56.05M 49.77M 44.36M 38.84M 26.37M 19.36M 32.26M 47.16M 53.54M 63.50M 33.35M 33.64M 47.55M 44.65M
Unlevered Free Cash Flow 335.25M 303.45M 275.15M 190.46M 194.64M 82.91M 128.61M 91.68M 104.29M 73.88M 80.86M 79.24M 66.44M 71.16M 60.72M 36.30M 8.58M 21.38M 38.68M 27.41M 10.48M 5.03M 23.22M 10.35M 39.72M 3.23M 9.17M 15.20M 20.84M 46.59M 35.50M
(-) Net Interest Income After Taxes -54.95M -50.65M -45.65M -43.36M -43.06M -39.61M -24.41M -20.73M -16.96M -15.19M -12.64M -11.53M -7.32M -5.70M -5.30M -4.87M -3.70M -5.04M -2.83M -2.45M -1.54M -0.74M -0.27M -0.07M -0.27M -0.39M -0.20M -1.25M -0.20M -1.57M -1.89M
Net Debt Issuance -7.27M -5.21M -6.64M 29.72M 68.07M 15.21M -26.01M 5.15M 28.65M -2.13M 48.24M 23.63M 11.81M 3.67M -6.49M -18.43M -14.61M 8.06M 6.06M 6.40M -2.33M -1.18M -3.80M -3.16M -2.04M 1.84M 4.18M 2.24M 3.32M 9.54M 2.51M
Levered Free Cash Flow 382.92M 348.89M 314.17M 263.53M 305.76M 137.73M 127.01M 117.56M 149.89M 86.94M 141.74M 114.40M 85.57M 80.53M 59.53M 22.74M -2.33M 34.48M 47.57M 36.26M 9.70M 4.59M 19.69M 7.27M 37.96M 5.46M 13.56M 18.68M 24.37M 57.70M 39.90M