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: Sector Financials

EPD

Sector Analysis

Master Data Export

Sector 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 15.13 3.41 25.26 25.23 27.95 22.09 16.48 21.67 20.01 22.94 23.25 20.66 25.27 27.77 25.20 25.16 26.03 23.15 18.26 29.31 22.49 20.73 19.36 16.36 13.20 12.47 14.35 10.58 10.39 10.96 10.60
Market Capitalization 7,079.96M 746.43M 26,337.59M 24,071.76M 23,677.59M 18,990.09M 14,469.12M 20,011.60M 18,587.39M 21,269.63M 18,878.57M 15,673.80M 17,537.46M 17,266.01M 14,626.08M 13,790.58M 15,343.37M 13,728.50M 10,233.80M 15,387.57M 11,768.72M 10,984.75M 7,027.80M 4,094.51M 2,998.78M 2,542.73M 2,898.30M 1,863.91M 1,437.76M 1,619.05M 1,269.19M
(-) Cash & Equivalents 454.72M 46.23M 1,825.59M 1,974.12M 2,208.76M 2,001.85M 1,409.37M 1,333.59M 1,352.98M 1,231.95M 1,415.06M 1,333.67M 1,549.14M 1,388.09M 1,325.95M 1,188.74M 1,036.61M 824.26M 624.11M 556.84M 547.46M 522.93M 342.48M 193.36M 122.66M 100.56M 82.39M 60.63M 36.35M 37.65M 31.11M
(+) Total Debt 0.00M 278.21M 11,407.91M 9,826.48M 9,546.17M 10,107.82M 10,866.42M 9,746.14M 8,929.43M 8,573.42M 8,541.24M 8,915.67M 8,005.05M 7,246.13M 5,390.94M 5,227.10M 4,990.51M 4,455.51M 3,849.25M 3,124.22M 2,654.65M 2,187.21M 1,765.22M 1,546.57M 1,570.83M 1,016.84M 842.22M 704.31M 526.34M 375.58M 209.53M
Enterprise Value 6,625,245,367.00 1,167,702,505.14 36,467,738,706.23 33,667,552,822.57 32,381,078,361.23 27,293,729,591.07 24,247,268,687.05 29,767,170,506.81 27,235,337,951.79 29,250,958,089.04 26,539,788,993.61 23,101,377,445.46 25,938,835,867.12 22,955,952,425.90 19,243,642,569.93 18,575,881,048.73 19,400,769,272.44 17,407,582,955.28 13,467,667,904.15 17,960,529,621.38 13,469,498,110.35 12,477,782,015.83 8,868,944,502.72 5,626,085,500.12 4,609,424,472.19 4,071,809,418.26 3,895,062,606.20 2,761,189,035.60 2,247,030,095.97 2,022,761,429.22 1,467,079,122.85

Sector 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 726.04M 668.51M 30,205.80M 30,236.95M 33,261.20M 23,652.31M 18,697.07M 23,558.22M 22,258.56M 18,870.10M 15,251.81M 17,712.54M 24,376.00M 23,975.70M 22,160.20M 19,818.15M 14,635.19M 12,899.67M 14,544.36M 10,879.49M 9,691.22M 7,595.00M 5,319.44M 3,648.73M 2,495.54M 2,262.56M 2,369.12M 1,436.01M 1,044.77M 891.29M 613.72M
Cost of Revenue 574.62M 493.47M 24,443.05M 24,860.69M 27,221.85M 17,949.78M 14,925.69M 18,307.92M 18,105.80M 15,093.58M 13,258.36M 15,512.87M 20,583.81M 19,674.01M 18,488.51M 15,289.40M 11,353.29M 9,957.32M 10,957.41M 7,979.25M 6,632.08M 5,461.20M 3,548.38M 2,036.21M 1,431.97M 1,447.82M 1,409.00M 896.71M 572.37M 437.86M 266.81M
Gross Profit 151.42M 175.04M 5,762.75M 5,376.25M 6,039.35M 5,702.53M 3,771.38M 5,250.30M 4,152.75M 3,776.51M 1,993.44M 2,199.67M 3,792.19M 4,301.69M 3,671.69M 4,528.75M 3,281.90M 2,942.35M 3,586.94M 2,900.24M 3,059.14M 2,133.80M 1,771.06M 1,612.52M 1,063.57M 814.74M 960.13M 539.31M 472.40M 453.43M 346.92M
Gross Margin 20.9% 26.2% 19.1% 17.8% 18.2% 24.1% 20.2% 22.3% 18.7% 20.0% 13.1% 12.4% 15.6% 17.9% 16.6% 22.9% 22.4% 22.8% 24.7% 26.7% 31.6% 28.1% 33.3% 44.2% 42.6% 36.0% 40.5% 37.6% 45.2% 50.9% 56.5%
R&D Expenses 0.01M 0.00M 47.56M 31.24M 25.92M 27.26M 20.05M 20.66M 16.81M 16.78M 15.45M 20.50M 15.38M 16.00M 3.03M 2.38M 1.70M 0.00M 0.00M 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 44.37M 24.51M 982.13M 1,033.07M 887.39M 838.31M 716.18M 918.70M 800.27M 777.19M 764.10M 799.15M 884.67M 826.63M 678.54M 642.08M 607.79M 549.16M 534.56M 522.56M 459.09M 375.42M 315.08M 236.79M 205.73M 131.56M 113.74M 82.75M 75.14M 39.66M 28.84M
Operating Expenses 44.38M 24.51M 1,029.68M 1,064.30M 913.32M 865.57M 736.23M 939.35M 817.08M 793.97M 779.55M 819.65M 900.06M 842.63M 681.56M 644.46M 609.49M 549.16M 534.56M 522.56M 459.09M 375.42M 315.08M 236.79M 205.73M 131.56M 113.74M 82.75M 75.14M 39.66M 28.84M
Operating Income (EBIT) 107.04M 150.53M 4,733.06M 4,311.95M 5,126.03M 4,836.97M 3,035.15M 4,310.94M 3,335.67M 2,982.55M 1,213.89M 1,380.02M 2,892.14M 3,459.06M 2,990.13M 3,884.29M 2,672.40M 2,393.19M 3,052.39M 2,377.68M 2,600.05M 1,758.39M 1,455.98M 1,375.72M 857.84M 683.18M 846.39M 456.56M 397.26M 413.77M 318.07M
Operating Margin 14.7% 22.5% 15.7% 14.3% 15.4% 20.5% 16.2% 18.3% 15.0% 15.8% 8.0% 7.8% 11.9% 14.4% 13.5% 19.6% 18.3% 18.6% 21.0% 21.9% 26.8% 23.2% 27.4% 37.7% 34.4% 30.2% 35.7% 31.8% 38.0% 46.4% 51.8%
Interest Income 2.83M 0.66M 108.89M 113.63M 67.46M 41.47M 46.67M 54.14M 58.36M 51.82M 42.03M 44.12M 42.13M 37.34M 38.86M 35.73M 28.76M 28.92M 33.33M 24.35M 7.29M 4.88M 1.55M 0.30M 0.19M 0.12M 0.18M 0.00M 0.00M 0.00M 0.00M
Interest Expense 21.23M 18.77M 495.11M 403.38M 401.42M 399.65M 412.48M 421.99M 366.06M 309.21M 308.12M 285.54M 272.39M 229.03M 202.07M 206.30M 187.56M 194.94M 176.18M 98.71M 73.99M 63.49M 34.21M 25.54M 20.06M 13.43M 20.25M 1.00M 3.14M 0.50M 1.01M
Net Interest Income -18.40M -18.11M -386.22M -289.74M -333.97M -358.17M -365.81M -367.86M -307.69M -257.39M -266.09M -241.42M -230.26M -191.69M -163.21M -170.56M -158.79M -166.02M -142.85M -74.36M -66.70M -58.61M -32.66M -25.24M -19.87M -13.31M -20.07M -1.00M -3.14M -0.50M -1.01M
Other Income / Expense -46.49M -102.08M -1,316.96M -269.60M -209.98M -1,918.53M -3,059.07M -2,118.74M -1,096.19M -1,389.41M -435.32M -652.91M -806.65M -1,345.27M -800.10M -1,662.46M -1,051.60M -954.10M -1,304.23M -595.02M -975.00M -500.30M -731.71M -888.35M -629.18M -348.60M -535.13M -338.97M -308.28M -311.33M -243.11M
Pre-Tax Income 42.15M 30.34M 3,029.88M 3,752.61M 4,582.09M 2,560.26M -389.73M 1,824.35M 1,931.79M 1,335.75M 512.48M 485.69M 1,855.23M 1,922.09M 2,026.81M 2,051.27M 1,462.01M 1,273.07M 1,605.30M 1,708.29M 1,558.35M 1,199.48M 691.62M 462.13M 208.79M 321.27M 291.19M 116.59M 85.84M 101.94M 73.95M
Pre-Tax Margin 5.8% 4.5% 10.0% 12.4% 13.8% 10.8% -2.1% 7.7% 8.7% 7.1% 3.4% 2.7% 7.6% 8.0% 9.1% 10.4% 10.0% 9.9% 11.0% 15.7% 16.1% 15.8% 13.0% 12.7% 8.4% 14.2% 12.3% 8.1% 8.2% 11.4% 12.0%
Income Tax Expense 17.06M 13.12M 727.50M 926.66M 994.11M 509.75M 48.37M 379.51M 530.96M 266.00M 154.07M 162.31M 573.82M 581.14M 637.20M 674.46M 463.06M 328.01M 513.89M 481.05M 450.73M 353.66M 236.73M 138.29M 82.58M 129.55M 119.99M 39.47M 39.15M 42.62M 23.23M
Tax Rate 35.0% 35.0% 24.0% 24.7% 21.7% 19.9% 0.0% 20.8% 27.5% 19.9% 30.1% 33.4% 30.9% 30.2% 31.4% 32.9% 31.7% 25.8% 32.0% 28.2% 28.9% 29.5% 34.2% 29.9% 35.0% 35.0% 35.0% 33.9% 35.0% 35.0% 31.4%
Net Income 26.37M 24.78M 2,011.01M 2,608.39M 3,108.17M 1,914.93M -250.31M 1,258.45M 1,426.26M 1,140.34M 363.80M 277.96M 1,153.64M 1,282.10M 1,155.30M 1,456.12M 1,014.46M 817.95M 952.54M 1,208.59M 995.87M 890.39M 485.00M 290.46M 115.49M 187.56M 191.93M 75.24M 66.52M 68.81M 51.02M
Net Margin 3.6% 3.7% 6.7% 8.6% 9.3% 8.1% -1.3% 5.3% 6.4% 6.0% 2.4% 1.6% 4.7% 5.3% 5.2% 7.3% 6.9% 6.3% 6.5% 11.1% 10.3% 11.7% 9.1% 8.0% 4.6% 8.3% 8.1% 5.2% 6.4% 7.7% 8.3%
Depreciation & Amortization 31.15M 23.94M 1,782.07M 1,630.62M 1,583.03M 1,468.18M 1,410.59M 1,420.98M 1,355.47M 1,224.75M 1,372.63M 1,525.17M 1,508.77M 1,268.61M 1,161.60M 1,028.04M 913.58M 821.50M 777.33M 616.01M 488.82M 410.91M 324.61M 267.24M 250.70M 198.82M 171.09M 108.93M 84.25M 64.16M 44.95M
EBITDA 138.19M 174.47M 6,515.13M 5,942.57M 6,709.06M 6,305.15M 4,445.74M 5,731.92M 4,691.14M 4,207.30M 2,586.52M 2,905.19M 4,400.90M 4,727.67M 4,151.73M 4,912.33M 3,585.98M 3,214.69M 3,829.72M 2,993.69M 3,088.87M 2,169.30M 1,780.60M 1,642.96M 1,108.54M 882.00M 1,017.48M 565.49M 481.50M 477.92M 363.03M
EBITDA Margin 19.0% 26.1% 21.6% 19.7% 20.2% 26.7% 23.8% 24.3% 21.1% 22.3% 17.0% 16.4% 18.1% 19.7% 18.7% 24.8% 24.5% 24.9% 26.3% 27.5% 31.9% 28.6% 33.5% 45.0% 44.4% 39.0% 42.9% 39.4% 46.1% 53.6% 59.2%
NOPAT 69.58M 97.84M 3,596.61M 3,247.17M 4,013.91M 3,873.92M 3,035.15M 3,414.17M 2,418.85M 2,388.61M 848.97M 918.84M 1,997.61M 2,413.22M 2,050.07M 2,607.13M 1,825.97M 1,776.57M 2,075.26M 1,708.14M 1,848.03M 1,239.94M 957.63M 964.06M 557.60M 444.07M 550.15M 302.01M 258.22M 268.95M 218.15M
NOPAT Margin 9.6% 14.6% 11.9% 10.7% 12.1% 16.4% 16.2% 14.5% 10.9% 12.7% 5.6% 5.2% 8.2% 10.1% 9.3% 13.2% 12.5% 13.8% 14.3% 15.7% 19.1% 16.3% 18.0% 26.4% 22.3% 19.6% 23.2% 21.0% 24.7% 30.2% 35.5%
Owner's Earnings 57.52M 48.72M 3,793.08M 4,239.02M 4,691.20M 3,383.11M 1,160.28M 2,679.43M 2,781.73M 2,365.09M 1,736.43M 1,803.14M 2,662.41M 2,550.71M 2,316.90M 2,484.16M 1,928.04M 1,639.45M 1,729.87M 1,824.60M 1,484.68M 1,301.31M 809.61M 557.70M 366.20M 386.39M 363.02M 184.17M 150.77M 132.97M 95.98M
Owner's Earnings Margin 7.9% 7.3% 12.6% 14.0% 14.1% 14.3% 6.2% 11.4% 12.5% 12.5% 11.4% 10.2% 10.9% 10.6% 10.5% 12.5% 13.2% 12.7% 11.9% 16.8% 15.3% 17.1% 15.2% 15.3% 14.7% 17.1% 15.3% 12.8% 14.4% 14.9% 15.6%
EPS 0.02 0.06 1.11 1.25 1.52 0.87 -0.11 0.56 0.64 0.53 0.20 0.17 0.74 0.88 0.83 1.06 0.72 0.65 0.83 1.03 0.81 0.74 0.54 0.61 0.28 0.35 0.47 0.18 0.21 0.23 0.18
EPS (Diluted) 0.02 0.06 1.11 1.25 1.52 0.87 -0.11 0.56 0.64 0.53 0.20 0.17 0.74 0.88 0.83 1.06 0.72 0.65 0.83 1.03 0.81 0.74 0.54 0.61 0.28 0.35 0.47 0.18 0.21 0.23 0.18
Shares (Diluted) 1,551.16M 437.41M 1,817.14M 2,089.40M 2,049.19M 2,207.17M 2,271.85M 2,231.34M 2,230.64M 2,134.82M 1,788.13M 1,621.32M 1,567.05M 1,459.95M 1,387.31M 1,378.25M 1,417.75M 1,260.70M 1,151.18M 1,175.52M 1,224.52M 1,200.66M 900.46M 473.54M 409.86M 536.36M 410.77M 420.52M 317.33M 297.05M 276.60M

Sector 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 454.72M 45.91M 1,844.85M 1,974.12M 2,210.59M 2,004.90M 1,409.37M 1,345.19M 1,364.95M 1,231.95M 1,415.06M 1,333.88M 1,561.55M 1,386.88M 1,325.22M 1,188.36M 1,046.30M 832.95M 637.62M 562.01M 558.58M 532.71M 370.65M 197.55M 122.59M 101.33M 83.15M 67.19M 37.97M 38.76M 32.06M
Short-Term Investments 0.00M 39.88M 405.31M 531.91M 553.80M 543.19M 431.15M 355.85M 296.92M 506.16M 390.61M 499.00M 346.29M 557.42M 423.11M 475.78M 437.76M 398.70M 308.65M 161.76M 219.35M 189.15M 109.52M 30.85M 43.03M 13.60M 7.38M 5.56M 0.04M 3.28M 0.31M
Cash & Short-Term Investments 454.72M 85.78M 2,250.16M 2,506.03M 2,764.39M 2,548.09M 1,840.52M 1,701.04M 1,661.87M 1,738.11M 1,805.67M 1,832.88M 1,907.84M 1,944.30M 1,748.33M 1,664.14M 1,484.06M 1,231.64M 946.27M 723.77M 777.93M 721.86M 480.16M 228.40M 165.62M 114.93M 90.53M 72.75M 38.01M 42.04M 32.37M
Net Receivables 0.00M 84.85M 3,073.17M 2,751.61M 3,062.20M 2,641.73M 1,863.74M 2,148.10M 2,230.99M 2,254.77M 1,828.70M 1,854.23M 2,157.70M 2,379.09M 2,205.34M 1,962.56M 1,595.47M 1,312.64M 1,117.17M 1,252.64M 855.16M 772.76M 604.19M 390.50M 296.65M 252.24M 241.39M 168.68M 126.58M 128.46M 99.82M
Inventory 81.66M 38.08M 2,077.40M 2,009.77M 2,057.07M 1,877.89M 1,533.05M 1,749.30M 1,677.08M 1,685.77M 1,424.25M 1,419.82M 1,455.59M 1,548.85M 1,546.23M 1,395.10M 1,232.32M 965.39M 841.46M 746.58M 556.06M 455.57M 299.22M 206.21M 166.63M 141.73M 143.96M 123.24M 103.56M 83.99M 47.60M
Other Current Assets 6.63M 20.87M 665.46M 731.28M 672.07M 563.33M 754.51M 657.03M 516.21M 614.75M 569.46M 617.13M 685.30M 650.61M 581.31M 364.35M 381.39M 295.82M 337.98M 280.74M 246.15M 192.16M 145.90M 77.50M 50.24M 76.53M 49.17M 55.53M 33.65M 25.83M 17.60M
Total Current Assets 543.01M 229.58M 8,066.19M 7,998.69M 8,555.72M 7,631.03M 5,991.82M 6,255.47M 6,086.15M 6,293.39M 5,628.07M 5,724.06M 6,206.44M 6,522.84M 6,081.21M 5,386.16M 4,693.24M 3,805.50M 3,242.88M 3,003.74M 2,435.30M 2,142.35M 1,529.46M 902.62M 679.14M 585.43M 525.04M 420.20M 301.80M 280.32M 197.39M
Property, Plant & Equipment 67.76M 360.14M 22,831.82M 20,615.06M 19,804.57M 20,287.69M 18,172.99M 18,714.43M 17,020.96M 17,117.43M 16,490.24M 16,497.23M 17,284.13M 16,132.20M 13,939.73M 12,625.54M 12,375.33M 10,893.46M 9,464.84M 8,320.32M 6,470.72M 5,536.61M 4,512.61M 3,300.54M 2,816.23M 2,161.44M 1,816.70M 1,431.10M 1,145.20M 839.86M 596.44M
Goodwill 0.00M 2.47M 918.10M 942.60M 715.55M 806.58M 737.60M 968.34M 841.12M 889.18M 759.11M 768.47M 766.57M 790.46M 723.32M 533.59M 422.71M 401.04M 270.28M 251.09M 171.70M 39.37M 22.77M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 11.05M 1,053.19M 810.34M 949.61M 811.60M 822.50M 736.96M 700.14M 762.29M 549.26M 553.81M 533.39M 449.45M 435.67M 469.39M 388.94M 289.46M 234.99M 244.90M 171.32M 139.83M 133.52M 123.61M 112.75M 82.51M 38.51M 43.37M 13.22M 9.78M 3.18M
Long-Term Investments 55.92M 30.87M 2,587.30M 2,523.60M 2,380.96M 2,273.62M 2,096.01M 2,166.27M 1,709.40M 1,580.58M 1,261.13M 1,163.27M 1,211.08M 1,190.19M 1,076.29M 761.25M 709.00M 605.96M 381.94M 182.33M 101.36M 64.13M 20.92M 3.33M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 0.00M 0.97M 176.81M 169.82M 292.09M 190.77M 198.49M 207.35M 196.59M 224.30M 222.77M 180.03M 137.69M 102.76M 93.05M 84.41M 80.15M 80.85M 68.00M 39.33M 45.99M 38.29M 14.65M 13.79M 7.44M 4.01M 0.02M 0.00M 0.00M 0.06M 0.00M
Other Non-Current Assets 761.82M 19.74M 1,449.77M 1,217.93M 973.18M 1,072.12M 1,194.83M 1,034.25M 1,019.96M 927.05M 913.76M 919.14M 954.49M 1,039.15M 742.87M 786.21M 665.76M 533.04M 450.22M 530.04M 457.92M 443.24M 361.05M 184.58M 197.23M 180.95M 170.40M 168.28M 92.73M 72.43M 41.34M
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 885.50M 425.24M 29,016.98M 26,279.35M 25,115.96M 25,442.38M 23,222.43M 23,827.60M 21,488.16M 21,500.82M 20,196.26M 20,081.94M 20,887.34M 19,704.21M 17,010.93M 15,260.39M 14,641.90M 12,803.80M 10,870.27M 9,568.02M 7,419.01M 6,261.47M 5,065.52M 3,625.85M 3,133.64M 2,428.91M 2,025.63M 1,642.75M 1,251.15M 922.13M 640.96M
Total Assets 1,428.51M 654.82M 37,083.17M 34,278.04M 33,671.68M 33,073.41M 29,214.25M 30,083.07M 27,574.31M 27,794.21M 25,824.33M 25,806.00M 27,093.78M 26,227.05M 23,092.14M 20,646.55M 19,335.14M 16,609.30M 14,113.15M 12,571.76M 9,854.31M 8,403.82M 6,594.99M 4,528.46M 3,812.78M 3,014.34M 2,550.67M 2,062.95M 1,552.94M 1,202.45M 838.35M
Accounts Payable 0.00M 79.42M 2,980.95M 2,753.19M 2,837.86M 2,623.81M 1,702.70M 2,253.60M 2,060.77M 2,112.88M 1,834.78M 1,748.28M 2,203.19M 2,248.79M 1,995.87M 1,815.65M 1,575.90M 1,239.21M 1,122.41M 1,147.94M 807.79M 713.34M 518.26M 367.09M 267.16M 223.35M 212.47M 150.95M 97.07M 92.15M 66.14M
Short-Term Debt 0.00M 46.89M 1,139.77M 1,140.08M 965.11M 997.45M 1,280.44M 1,078.78M 1,091.08M 1,203.94M 1,066.44M 1,038.01M 1,159.36M 973.56M 868.46M 758.41M 584.86M 473.69M 486.45M 358.21M 344.77M 278.78M 236.02M 136.62M 138.20M 128.28M 81.64M 60.67M 61.92M 23.79M 20.51M
Tax Payables 0.00M 0.01M 285.92M 261.43M 434.32M 425.25M 258.28M 324.01M 372.22M 305.79M 271.12M 178.11M 259.44M 287.96M 311.93M 289.42M 233.75M 224.48M 127.11M 92.23M 30.26M 36.22M 10.87M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 3.95M 73.82M 235.97M 380.56M 523.91M 609.79M 224.56M 342.63M 323.23M 240.80M 335.97M 429.26M 280.84M 280.89M 229.35M 196.50M 101.45M 84.08M 66.68M 58.91M 27.85M 19.81M 14.03M 9.06M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 19.59M 59.55M 1,183.16M 1,264.52M 1,105.13M 897.29M 816.70M 1,238.17M 954.57M 904.14M 818.73M 837.57M 812.18M 884.37M 900.34M 820.85M 595.92M 420.40M 374.34M 556.76M 346.76M 369.73M 275.40M 155.12M 130.99M 73.56M 93.82M 72.54M 60.46M 51.28M 30.68M
Total Current Liabilities 19.59M 185.86M 5,593.75M 5,493.04M 5,578.39M 5,324.35M 4,582.04M 5,504.36M 4,703.20M 4,869.36M 4,314.30M 4,042.76M 4,770.14M 4,823.95M 4,357.45M 3,965.21M 3,219.79M 2,554.28M 2,211.77M 2,239.21M 1,596.26M 1,456.98M 1,068.40M 678.63M 550.37M 434.25M 387.93M 284.16M 219.46M 167.22M 117.33M
Long-Term Debt 0.00M 99.13M 8,828.04M 7,999.45M 7,753.76M 8,075.97M 8,584.35M 8,127.77M 7,102.65M 7,231.73M 6,993.02M 7,249.99M 5,985.92M 5,716.16M 4,927.03M 4,354.64M 4,432.55M 3,663.12M 3,139.53M 2,654.32M 2,082.31M 1,957.44M 1,687.34M 1,467.40M 1,447.24M 870.72M 698.38M 586.29M 466.51M 306.88M 172.61M
Capital Lease Obligations 0.00M 6.86M 715.11M 706.41M 644.36M 634.43M 581.48M 478.85M 42.32M 30.70M 26.51M 16.09M 12.66M 4.59M 6.39M 0.00M 0.00M 0.13M 0.00M 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 60.76M 14.32M 1,655.07M 1,244.82M 1,064.11M 1,142.99M 892.50M 1,035.06M 933.58M 879.66M 659.01M 700.49M 999.62M 1,181.03M 1,042.35M 1,024.43M 1,007.95M 916.96M 827.39M 724.25M 589.01M 473.01M 379.19M 310.69M 292.99M 182.46M 144.74M 107.20M 82.65M 70.94M 51.77M
Other Non-Current Liabilities 35.67M 15.07M 2,331.94M 2,157.54M 2,080.42M 1,641.89M 1,622.05M 1,515.79M 1,548.41M 1,408.21M 1,424.32M 1,411.13M 1,380.07M 1,423.34M 1,134.98M 1,060.42M 1,076.83M 819.44M 564.05M 674.68M 549.27M 423.33M 349.10M 307.65M 188.03M 116.40M 99.51M 108.09M 85.78M 55.74M 28.91M
Total Non-Current Liabilities 96.43M 135.38M 13,530.16M 12,108.22M 11,542.65M 11,495.28M 11,680.38M 11,157.46M 9,626.96M 9,550.30M 9,102.86M 9,377.71M 8,378.28M 8,325.12M 7,110.75M 6,439.49M 6,517.32M 5,399.66M 4,530.96M 4,053.25M 3,220.59M 2,853.79M 2,415.63M 2,085.75M 1,928.26M 1,169.57M 942.62M 801.58M 634.93M 433.56M 253.29M
Total Liabilities 116.03M 321.24M 19,123.90M 17,601.26M 17,121.04M 16,819.63M 16,262.41M 16,661.82M 14,330.17M 14,419.67M 13,417.15M 13,420.47M 13,148.42M 13,149.07M 11,468.19M 10,404.69M 9,737.11M 7,953.93M 6,742.73M 6,292.46M 4,816.85M 4,310.77M 3,484.03M 2,764.38M 2,478.63M 1,603.82M 1,330.56M 1,085.74M 854.39M 600.78M 370.62M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 7.44M 1.42M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 0.48M 59.39M 1,498.32M 1,429.80M 1,438.98M 1,312.71M 1,485.80M 1,555.58M 1,282.01M 974.86M 939.35M 1,212.56M 1,097.04M 910.62M 868.79M 579.31M 365.52M 398.80M 359.90M 299.93M 314.68M 328.94M 279.72M 177.15M 159.12M 122.97M 86.11M 77.20M 23.33M 12.93M 7.35M
Retained Earnings -416.90M 104.00M 7,452.18M 8,113.65M 6,936.17M 5,578.77M 4,544.54M 6,100.98M 6,424.85M 5,247.82M 4,994.62M 5,389.44M 6,276.97M 5,849.68M 5,655.91M 4,934.37M 4,111.39M 3,946.06M 3,722.33M 3,394.81M 2,434.83M 1,995.70M 1,352.16M 777.50M 579.11M 391.70M 293.06M 214.24M 187.56M 157.06M 106.22M
Accumulated OCI -16.95M 7.38M 303.51M 250.57M 457.34M 100.73M -94.59M -19.35M -33.89M -98.14M -201.28M -142.59M -174.82M -3.67M -95.98M -124.13M -100.92M -96.27M -97.57M -38.90M -27.17M -36.76M 1.21M -24.33M -31.31M -66.42M -58.22M -50.28M -167.73M -142.67M -72.88M
Minority Interest 0.00M 0.71M 1,137.31M 929.38M 922.72M 862.08M 776.19M 754.52M 763.48M 852.81M 504.65M 531.29M 566.02M 636.88M 587.82M 410.63M 275.17M 244.69M 184.16M 131.31M 125.67M 89.57M 48.75M 22.33M 13.68M 6.80M 11.06M 8.60M 1.49M 0.55M 0.00M
Total Shareholders’ Equity -433.36M 170.77M 9,254.01M 9,794.02M 8,832.49M 6,992.20M 5,943.19M 7,638.63M 7,672.97M 6,124.54M 5,732.69M 6,459.41M 7,199.19M 6,756.63M 6,428.73M 5,389.55M 4,376.00M 4,248.60M 3,984.67M 3,655.84M 2,722.34M 2,287.88M 1,633.09M 930.32M 706.91M 448.26M 320.96M 241.16M 43.16M 27.32M 40.68M
Total Equity -433.36M 171.48M 10,391.33M 10,723.40M 9,755.20M 7,854.29M 6,719.39M 8,393.14M 8,436.45M 6,977.35M 6,237.35M 6,990.70M 7,765.21M 7,393.51M 7,016.55M 5,800.18M 4,651.17M 4,493.29M 4,168.83M 3,787.15M 2,848.01M 2,377.46M 1,681.84M 952.64M 720.59M 455.06M 332.02M 249.75M 44.66M 27.87M 40.68M
Total Liabilities & Equity -317.34M 492.72M 29,515.23M 28,324.66M 26,876.24M 24,673.92M 22,981.80M 25,054.96M 22,766.62M 21,397.02M 19,654.50M 20,411.17M 20,913.63M 20,542.58M 18,484.74M 16,204.88M 14,388.28M 12,447.22M 10,911.56M 10,079.61M 7,664.85M 6,688.23M 5,165.87M 3,717.02M 3,199.22M 2,058.88M 1,662.58M 1,335.49M 899.04M 628.65M 411.30M
Tangible Assets 1,428.51M 641.31M 35,111.88M 32,525.10M 32,006.52M 31,455.22M 27,654.15M 28,377.78M 26,033.06M 26,142.75M 24,515.96M 24,483.72M 25,793.82M 24,987.14M 21,933.15M 19,643.58M 18,523.49M 15,918.81M 13,607.88M 12,075.76M 9,511.29M 8,224.62M 6,438.70M 4,404.85M 3,700.04M 2,931.84M 2,512.16M 2,019.57M 1,539.73M 1,192.67M 835.17M
Tangible Equity -433.36M 157.96M 8,420.04M 8,970.46M 8,090.04M 6,236.10M 5,159.28M 6,687.84M 6,895.19M 5,325.88M 4,928.98M 5,668.42M 6,465.25M 6,153.60M 5,857.56M 4,797.20M 3,839.52M 3,802.80M 3,663.56M 3,291.15M 2,504.98M 2,198.26M 1,525.55M 829.03M 607.84M 372.55M 293.51M 206.38M 31.44M 18.09M 37.50M
Tangible Book Value -433,364,000.00 157,957,663.41 8,420,035,013.48 8,970,458,496.76 8,090,043,747.85 6,236,103,965.85 5,159,279,985.83 6,687,844,567.27 6,895,192,505.12 5,325,884,601.68 4,928,980,631.73 5,668,418,089.16 6,465,252,445.14 6,153,596,760.88 5,857,563,886.53 4,797,204,572.95 3,839,515,594.50 3,802,796,990.47 3,663,559,233.25 3,291,149,797.03 2,504,983,760.75 2,198,259,466.16 1,525,552,801.22 829,032,324.90 607,844,689.84 372,551,038.59 293,512,217.17 206,379,338.52 31,441,131.36 18,094,701.77 37,500,943.04
Total Investments 0.00M 34.00M 2,852.15M 2,989.94M 2,706.28M 2,760.46M 2,723.89M 2,504.96M 2,405.36M 2,191.09M 2,092.45M 1,903.76M 1,663.38M 1,515.99M 1,368.42M 1,180.29M 1,096.95M 1,015.09M 778.71M 420.92M 324.52M 244.58M 154.97M 79.77M 36.78M 24.64M 9.74M 8.06M 0.00M 0.00M 0.00M
Net Debt -454.72M 100.11M 8,122.96M 7,165.42M 6,508.28M 7,068.52M 8,455.43M 7,861.36M 6,828.78M 7,203.72M 6,644.39M 6,954.12M 5,583.73M 5,302.84M 4,470.27M 3,924.69M 3,971.11M 3,303.87M 2,988.36M 2,450.51M 1,868.51M 1,703.51M 1,552.72M 1,406.47M 1,462.85M 897.66M 696.87M 579.76M 490.46M 291.91M 161.07M

Sector 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 523.42M 54.58M 1,174.34M 1,979.77M 2,286.65M 1,319.05M 1,478.96M 1,281.37M 1,589.34M 1,924.08M 1,586.26M 1,369.70M 1,890.21M 1,514.49M 1,756.50M 1,160.77M 1,049.51M 1,052.60M 875.24M 609.40M 669.43M 667.81M 379.22M 235.88M 164.49M 122.82M 259.68M 127.04M 83.98M 63.51M 46.12M
Total Capital 1,312.48M 614.08M 27,130.91M 24,990.74M 24,219.69M 23,339.63M 22,496.01M 23,831.88M 22,412.59M 21,101.56M 19,328.06M 19,474.14M 20,148.63M 18,730.18M 15,857.08M 14,844.54M 14,735.06M 12,245.31M 10,920.28M 9,325.27M 7,319.97M 5,887.35M 4,897.63M 3,740.45M 3,377.90M 2,576.22M 2,023.95M 1,572.64M 1,282.79M 1,016.81M 672.36M
Capital Employed 1,408.92M 653.71M 32,083.57M 30,217.40M 28,455.25M 28,895.53M 27,846.16M 27,894.52M 26,953.07M 26,584.21M 24,571.59M 22,960.75M 23,781.16M 22,622.84M 20,033.74M 17,464.72M 16,726.46M 14,202.79M 12,431.72M 10,541.62M 8,774.47M 6,906.50M 5,857.40M 5,023.02M 4,471.54M 3,338.95M 2,557.58M 2,098.72M 1,449.64M 1,248.30M 766.16M
Invested Capital 857.77M 568.18M 25,286.06M 23,016.62M 22,009.10M 21,334.73M 21,086.64M 22,486.69M 21,047.64M 19,869.61M 17,913.00M 18,140.26M 18,587.07M 17,343.30M 14,531.86M 13,656.18M 13,688.76M 11,412.36M 10,282.66M 8,763.25M 6,761.39M 5,354.64M 4,526.98M 3,542.90M 3,255.31M 2,474.89M 1,940.80M 1,505.45M 1,244.83M 978.05M 640.31M

Sector 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
Net Income 32.37M 20.13M 2,297.26M 2,717.90M 3,733.34M 2,146.29M -109.98M 1,385.70M 1,672.17M 1,281.55M 438.55M 383.35M 1,192.73M 1,470.19M 1,442.03M 1,528.71M 1,093.99M 952.81M 1,206.03M 1,271.96M 1,060.11M 931.65M 520.89M 320.11M 117.17M 204.98M 186.83M 60.65M 69.18M 84.52M 57.20M
Depreciation & Amortization 28.37M 19.32M 1,645.99M 1,541.28M 1,554.49M 1,498.70M 1,457.41M 1,327.10M 1,129.17M 1,125.82M 1,280.54M 1,318.53M 1,291.00M 1,156.08M 1,082.33M 746.38M 732.09M 656.68M 603.29M 606.12M 490.37M 382.00M 298.49M 235.38M 203.90M 183.71M 145.41M 101.78M 88.90M 81.47M 51.64M
Deferred Income Tax -0.75M 0.00M 32.50M 90.38M 109.11M 34.24M -48.95M 25.87M 62.95M -71.01M -21.65M -48.15M 119.68M 100.02M 50.47M 66.65M 31.58M -2.25M 33.41M 6.76M 32.62M 10.10M 11.21M 18.31M 5.04M 21.09M 9.79M 3.71M 0.54M 10.07M 3.52M
Stock-Based Compensation 1.85M 0.00M 6.40M 9.99M 23.24M 16.57M 8.63M 12.80M 9.53M 14.16M 17.82M 13.85M 19.53M 19.77M 20.89M 3.01M 3.78M 2.01M 1.57M 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 -9.02M -7.64M -3.35M -84.33M -506.50M -183.51M 157.34M -102.96M -95.72M -121.79M -21.41M 187.38M -42.38M -126.49M -273.38M -105.18M -107.28M -26.86M -59.71M -61.33M -98.16M -77.50M -31.71M 8.62M -3.78M -11.64M -27.09M -12.70M -11.66M -20.56M -7.02M
Accounts Receivable 0.97M -2.01M 10.28M 103.45M -352.00M -520.14M 394.48M -33.37M -68.37M -208.61M -96.65M 350.12M 96.45M -143.74M -79.60M -86.75M -92.99M -37.23M 55.63M -17.92M 0.00M -30.76M -8.64M -0.71M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 0.16M -1.29M 0.31M 44.27M -335.03M -270.45M 140.73M -95.79M -73.32M -91.18M -20.72M 145.32M 46.11M -41.23M -116.15M -169.65M -141.87M -46.06M -22.34M -88.11M -60.64M -87.93M -29.14M -4.04M -1.00M -1.65M -7.65M -2.77M -3.11M -6.11M -1.86M
Accounts Payable -6.54M 0.13M -31.15M -95.60M 312.76M 577.89M -283.45M 67.89M 18.74M 160.94M 101.90M -235.89M -102.08M 44.31M -1.88M 98.03M 61.38M 20.00M -34.81M 12.69M 0.00M 11.85M 0.29M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital -6.07M -4.11M -94.05M -74.12M -63.71M 39.33M 7.63M -38.18M 0.97M 38.72M 7.73M -74.32M -118.52M -22.06M -49.81M 60.29M 32.10M 33.83M -2.32M 22.30M -18.94M 31.84M 15.88M 7.85M 5.23M -9.49M 2.77M -7.56M -6.71M -8.30M 1.83M
Other Non-Cash Items -33.60M 11.22M 232.50M 8.08M 8.50M 150.60M 921.92M 184.32M 206.20M 247.64M 421.56M 477.84M 81.93M 129.43M 51.31M 116.13M 80.88M 191.76M 41.23M -8.87M -50.39M -24.30M 1.93M 10.74M 47.42M 24.73M 15.98M 20.11M 12.77M 12.76M 2.00M
Net Cash from Operating 14.80M 68.63M 4,616.24M 4,483.99M 5,026.80M 3,767.65M 2,324.97M 3,135.28M 3,259.50M 2,408.68M 1,993.49M 2,409.38M 2,745.21M 2,551.74M 2,386.97M 2,638.19M 2,104.61M 1,893.59M 2,128.06M 1,886.36M 1,641.15M 1,222.63M 903.92M 626.06M 509.45M 514.75M 388.24M 178.70M 189.23M 200.34M 136.58M
Investments in PPE -26.14M -42.80M -2,298.99M -2,056.10M -1,746.64M -1,432.90M -1,485.25M -2,059.17M -1,889.13M -1,632.70M -1,646.28M -2,131.06M -2,878.18M -2,663.47M -2,191.26M -2,092.97M -1,936.78M -1,744.15M -2,028.67M -1,537.62M -1,285.21M -909.41M -599.79M -425.53M -374.41M -362.03M -236.43M -219.01M -293.08M -255.84M -155.26M
Acquisitions (Net) -0.47M 0.02M -27.00M -128.59M -172.86M -0.56M -6.41M -76.11M -66.07M -65.67M -21.37M -72.34M -103.90M -88.60M -96.89M -170.62M -84.65M -16.58M -50.48M -79.67M -51.44M -57.96M -82.13M -27.44M -50.61M -67.48M -20.66M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -0.96M -2.80M -46.12M -100.02M -159.70M -105.05M -157.12M -160.77M -129.34M -179.65M -156.78M -99.23M -113.54M -67.90M -107.49M -109.75M -160.20M -128.43M -137.44M -179.40M -109.47M -41.82M -12.19M -7.68M -4.47M -8.05M -2.21M -0.18M -1.05M -0.12M 0.00M
Sales/Maturities of Investments 0.01M 3.58M 37.37M 56.10M 148.87M 112.20M 131.28M 141.70M 139.73M 99.50M 54.75M 63.51M 88.33M 75.15M 67.05M 140.21M 84.10M 103.09M 142.36M 106.70M 45.07M 55.58M 19.57M 3.30M 9.67M 5.54M 2.11M 0.00M 0.13M 0.00M 0.01M
Other Investing Activities 1.02M 1.13M 86.11M 111.01M 149.47M 180.78M 83.88M 23.46M 174.81M 36.54M 58.15M -11.47M 14.44M 137.98M -6.88M 76.81M 60.11M 18.15M 57.61M 40.78M 34.63M 83.02M 23.37M 54.29M 33.66M 10.04M 24.03M 31.21M 17.30M -0.73M 2.26M
Net Cash from Investing -21.26M -40.25M -2,666.40M -2,478.19M -2,103.16M -1,297.22M -1,550.04M -2,282.18M -1,868.50M -1,719.45M -1,569.78M -2,297.20M -2,949.79M -2,291.52M -2,582.21M -2,467.82M -1,776.36M -1,965.55M -2,217.20M -1,892.17M -1,352.97M -916.46M -844.99M -465.57M -443.95M -438.02M -299.37M -164.89M -285.84M -275.80M -153.51M
Net Debt Issuance 2.65M 4.49M 107.08M -37.84M -531.99M -514.60M 453.55M 187.96M -194.61M -256.82M 32.34M 411.89M 679.50M 351.72M 647.45M 215.95M 320.29M 279.61M 453.70M 286.58M 285.76M -82.92M -20.36M -24.18M 20.30M 30.89M 18.86M -12.93M 86.25M 43.56M 13.58M
Long-Term Debt Issuance 3.85M 1.22M 86.74M 30.74M -436.58M -260.77M 390.43M 146.39M -51.69M -232.13M 153.93M 436.75M 713.69M 333.22M 625.77M 235.50M 323.07M 391.35M 324.13M 239.50M 275.29M -54.78M -28.23M -41.56M 1.24M 24.53M 9.92M -9.42M 58.13M 42.36M 12.70M
Short-Term Debt Issuance 0.00M 0.01M -9.17M 11.71M 5.11M -48.00M -0.67M 7.64M -14.67M -21.45M -33.16M -5.34M 17.58M 0.09M 2.34M -20.06M -27.26M -54.58M 57.13M -3.81M -0.52M -0.12M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 15.52M 0.47M -279.90M -208.86M -304.55M -52.66M -14.76M -96.19M -91.55M 25.66M 27.57M 8.75M -45.98M -19.39M 6.64M 13.52M 32.40M 4.41M -10.05M -34.18M -101.42M 13.44M 23.66M 12.58M 8.00M 5.15M 6.17M 8.33M 0.32M 13.37M 6.49M
Common Stock Issued 0.24M 0.55M 0.07M 0.60M 1.29M 4.60M 0.01M 1.21M 5.75M 68.33M 89.95M 77.82M 43.48M 22.20M 45.63M 42.66M 60.75M 10.31M 61.72M 59.89M 54.09M 59.29M 71.29M 24.93M 11.48M 15.52M 20.19M 13.61M 4.54M 20.62M 18.49M
Common Stock Repurchased 0.00M 0.00M -300.10M -225.12M -319.06M -56.63M -28.01M -129.36M -108.19M -14.46M -2.16M -1.77M -49.32M -53.57M -25.58M -5.91M -0.95M -0.47M -36.50M -91.93M -124.73M -26.28M -9.97M -0.69M -2.11M -11.60M -6.02M -0.88M -3.76M -3.39M -0.20M
Net Common Stock Issuance 15.52M 0.47M -268.41M -201.96M -296.35M -44.04M -13.48M -91.41M -87.32M 20.75M 30.05M 24.56M -28.90M -6.72M 6.84M 13.78M 28.41M 5.90M -6.86M -23.80M -101.42M 13.45M 21.17M 9.68M 8.00M 4.90M 6.25M 8.25M 0.32M 13.21M 6.49M
Net 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 -7.35M -10.42M -1,155.02M -1,238.42M -1,144.99M -917.92M -749.71M -846.99M -676.25M -613.95M -494.89M -538.26M -541.03M -524.87M -383.24M -419.03M -297.96M -280.26M -275.82M -248.49M -173.09M -124.96M -121.34M -70.77M -57.01M -50.11M -28.17M -18.26M -18.03M -22.61M -19.85M
Common Dividends Paid -5.78M -9.58M -1,152.76M -1,227.67M -1,135.85M -909.54M -738.56M -868.13M -682.66M -597.54M -470.91M -530.41M -529.62M -515.22M -349.98M -364.24M -279.03M -221.11M -270.54M -230.83M -167.64M -124.03M -114.85M -58.06M -52.05M -50.80M -29.84M -19.10M -19.88M -24.85M -19.86M
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 335.27M -6.76M -262.33M -242.17M -234.05M -203.55M -195.09M -189.34M -202.58M -73.50M -135.60M -149.49M -39.42M -41.47M -49.56M -53.60M -56.68M -40.15M -28.65M -10.42M -11.35M -13.22M -1.68M -24.23M -11.66M -8.68M -3.66M -14.01M 17.22M 6.54M 0.03M
Net Cash from Financing 319.42M -16.72M -1,901.63M -1,982.55M -2,578.93M -1,652.62M -600.96M -1,232.96M -1,338.45M -818.55M -381.94M -293.50M -298.02M -320.67M 217.98M -173.92M -138.18M -43.34M -12.50M 19.05M -107.18M -276.83M -88.52M -133.08M -57.49M 3.99M -19.35M -36.00M 71.30M 42.13M 15.14M
Effect of FX on Cash 0.09M 0.03M 3.01M -0.46M 4.34M -5.31M -4.56M 3.16M -1.69M -1.99M -8.66M 5.73M 5.18M -2.60M -0.78M -2.20M -0.38M 1.40M -4.81M 0.86M 1.50M -0.09M 0.23M 0.41M 0.23M -0.12M -0.09M 0.03M -0.02M 0.68M 3.53M
Net Change in Cash 301.67M 2.64M -120.01M -50.49M 239.56M 468.04M 199.68M -77.99M 43.62M -35.69M 62.35M -41.20M 121.90M 63.21M 155.96M 92.54M 115.83M 67.09M 118.10M 5.57M -1.60M 112.83M 64.54M 51.44M 9.74M 14.77M 15.80M 19.12M -5.66M 14.00M 18.95M
Cash at Beginning of Period 7.34M 39.93M 1,963.50M 2,177.03M 1,747.03M 1,361.56M 1,308.49M 1,364.21M 1,262.97M 1,248.59M 1,310.53M 1,373.12M 1,184.10M 1,215.04M 1,137.90M 965.19M 821.35M 621.05M 469.47M 543.32M 512.63M 416.41M 222.36M 121.28M 113.72M 75.80M 66.71M 50.77M 48.09M 39.46M 29.87M
Cash at End of Period 462.38M 29.99M 1,781.57M 1,901.03M 2,102.96M 1,896.84M 1,401.60M 1,336.15M 1,370.69M 1,231.59M 1,360.81M 1,254.52M 1,440.34M 1,348.72M 1,323.66M 1,136.34M 1,108.68M 812.31M 588.41M 505.94M 551.09M 532.86M 348.54M 188.34M 118.38M 106.50M 78.85M 63.39M 53.32M 61.11M 47.19M
Operating Cash Flow 14.84M 68.63M 4,615.03M 4,483.99M 5,026.80M 3,767.65M 2,324.97M 3,083.66M 3,259.50M 2,408.68M 1,993.49M 2,409.38M 2,745.21M 2,551.74M 2,386.97M 2,631.20M 2,105.78M 1,888.99M 2,130.42M 1,886.36M 1,641.15M 1,219.89M 903.70M 626.06M 509.70M 513.93M 388.24M 178.70M 189.30M 200.34M 136.58M
Capital Expenditure -27.17M -43.01M -2,361.34M -2,042.34M -1,776.47M -1,436.30M -1,485.25M -2,059.17M -1,902.23M -1,632.70M -1,673.71M -2,131.06M -2,878.18M -2,561.75M -2,251.73M -2,408.27M -1,946.78M -1,724.17M -2,028.87M -1,490.43M -1,219.20M -891.78M -599.79M -425.53M -374.41M -363.85M -236.44M -216.40M -292.87M -256.23M -155.26M
Free Cash Flow -31.06M 13.96M 2,103.37M 2,225.63M 2,975.97M 2,395.69M 690.14M 1,057.87M 1,137.04M 768.02M 328.34M 344.27M 203.57M -25.37M 173.92M 612.86M 205.41M 144.79M 181.45M 302.68M 384.05M 377.19M 248.85M 182.96M 126.16M 103.43M 117.42M 4.27M -87.26M -32.20M -6.17M
Income Taxes Paid 0.00M 0.00M 140.52M 68.18M 85.65M 4.35M 2.79M 11.62M 21.63M 12.11M 2.02M 14.05M 39.71M 25.17M 47.83M 33.64M 14.64M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Interest Paid 1.47M 0.24M 167.63M 139.00M 152.26M 109.81M 51.88M 78.40M 100.15M 71.92M 38.80M 58.04M 56.07M 46.90M 45.40M 23.18M 24.88M 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

Sector 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 138.19M 174.47M 6,515.13M 5,942.57M 6,709.06M 6,305.15M 4,445.74M 5,731.92M 4,691.14M 4,207.30M 2,586.52M 2,905.19M 4,400.90M 4,727.67M 4,151.73M 4,912.33M 3,585.98M 3,214.69M 3,829.72M 2,993.69M 3,088.87M 2,169.30M 1,780.60M 1,642.96M 1,108.54M 882.00M 1,017.48M 565.49M 481.50M 477.92M 363.03M
(-) Tax Adjustment 47.61M 61.06M 1,564.35M 1,467.44M 1,455.58M 1,255.36M 0.00M 1,192.37M 1,289.38M 837.83M 777.58M 970.87M 1,361.18M 1,429.39M 1,305.24M 1,615.17M 1,135.80M 828.28M 1,225.98M 843.01M 893.40M 639.60M 609.47M 491.63M 387.99M 308.70M 356.12M 191.42M 168.53M 167.27M 114.04M
(-) Change in Working Capital -9.02M -7.64M -3.35M -84.33M -506.50M -183.51M 157.34M -102.96M -95.72M -121.79M -21.41M 187.38M -42.38M -126.49M -273.38M -105.18M -107.28M -26.86M -59.71M -61.33M -98.16M -77.50M -31.71M 8.62M -3.78M -11.64M -27.09M -12.70M -11.66M -20.56M -7.02M
(-) Capital Expenditure 27.17M 43.01M 2,361.34M 2,042.34M 1,776.47M 1,436.30M 1,485.25M 2,059.17M 1,902.23M 1,632.70M 1,673.71M 2,131.06M 2,878.18M 2,561.75M 2,251.73M 2,408.27M 1,946.78M 1,724.17M 2,028.87M 1,490.43M 1,219.20M 891.78M 599.79M 425.53M 374.41M 363.85M 236.44M 216.40M 292.87M 256.23M 155.26M
Unlevered Free Cash Flow 72.42M 78.03M 2,592.79M 2,517.12M 3,983.53M 3,797.00M 2,803.16M 2,583.35M 1,595.26M 1,858.55M 156.64M -384.11M 203.92M 863.02M 868.14M 994.06M 610.69M 689.10M 634.59M 721.58M 1,074.42M 715.42M 603.05M 717.18M 349.91M 221.09M 452.02M 170.37M 31.77M 74.98M 100.75M
(-) Net Interest Income After Taxes -11.65M -11.77M -293.49M -218.19M -261.51M -286.86M -365.81M -291.33M -223.12M -206.14M -186.10M -160.74M -159.04M -133.74M -111.90M -114.48M -108.50M -123.24M -97.12M -53.42M -47.41M -41.33M -21.48M -17.69M -12.92M -8.65M -13.05M -0.66M -2.04M -0.32M -0.69M
Net Debt Issuance 2.65M 4.49M 107.08M -37.84M -531.99M -514.60M 453.55M 187.96M -194.61M -256.82M 32.34M 411.89M 679.50M 351.72M 647.45M 215.95M 320.29M 279.61M 453.70M 286.58M 285.76M -82.92M -20.36M -24.18M 20.30M 30.89M 18.86M -12.93M 86.25M 43.56M 13.58M
Levered Free Cash Flow 86.72M 94.29M 2,993.36M 2,697.48M 3,713.04M 3,569.26M 3,622.52M 3,062.64M 1,623.77M 1,807.87M 375.08M 188.52M 1,042.46M 1,348.47M 1,627.49M 1,324.49M 1,039.48M 1,091.95M 1,185.41M 1,061.58M 1,407.59M 673.83M 604.17M 710.69M 383.13M 260.63M 483.92M 158.11M 120.06M 118.86M 115.02M