Page: Company Financials
COWAY Co., Ltd.
$75,900.00
+200.00 (0.26%)
As of: 2026-01-27
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 92,100.00 | 64,000.00 | 48,362.50 | 60,550.00 | 73,200.00 | 70,500.00 | 87,550.00 | 84,325.00 | 97,975.00 | 96,125.00 | 87,675.00 | 81,975.00 | 57,600.00 | 36,862.50 | 37,437.50 | 40,212.50 | 34,287.50 | 29,312.50 | 29,312.50 |
| Market Capitalization | 6,612,607.73M | 4,617,534.95M | 3,509,367.68M | 4,393,495.12M | 5,310,414.41M | 5,112,134.43M | 6,321,450.73M | 6,084,445.38M | 7,126,398.97M | 7,172,039.95M | 6,510,170.36M | 6,091,453.60M | 4,301,119.35M | 2,735,631.67M | 2,806,352.83M | 3,060,638.21M | 2,587,840.95M | 2,181,755.60M | 2,179,770.75M |
| (-) Cash & Equivalents | 149,226.34M | 159,676.55M | 235,028.94M | 227,730.47M | 144,033.03M | 162,710.90M | 76,359.28M | 97,134.95M | 115,239.58M | 131,468.65M | 131,686.98M | 171,360.53M | 193,669.57M | 67,116.89M | 51,659.74M | 63,512.94M | 33,770.60M | 45,653.72M | 26,382.08M |
| (+) Total Debt | 1,908,131.00M | 1,392,280.56M | 1,348,626.58M | 1,253,529.94M | 869,540.06M | 826,888.12M | 851,731.90M | 712,013.01M | 595,529.16M | 264,511.39M | 145,445.42M | 257,440.42M | 377,983.37M | 284,613.97M | 345,574.93M | 247,511.15M | 181,244.05M | 136,658.41M | 106,234.83M |
| Enterprise Value | 8,371,512.39M | 5,850,138.96M | 4,622,965.32M | 5,419,294.60M | 6,035,921.45M | 5,776,311.65M | 7,096,823.35M | 6,699,323.43M | 7,606,688.55M | 7,305,082.68M | 6,523,928.80M | 6,177,533.49M | 4,485,433.16M | 2,953,128.75M | 3,100,268.02M | 3,244,636.43M | 2,735,314.40M | 2,272,760.29M | 2,259,623.51M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,813,905M | 4,188,814M | 4,310,142M | 3,966,520M | 3,856,133M | 3,664,260M | 3,237,411M | 3,018,913M | 2,707,315M | 2,516,772M | 2,376,328M | 2,315,242M | 2,160,316M | 2,118,342M | 1,992,838M | 1,824,367M | 1,583,892M | 2,299,495M | 2,225,120M | 1,217,465M |
| Cost of Revenue | 1,712,807M | 1,570,894M | 1,526,478M | 1,395,040M | 1,369,641M | 1,275,322M | 1,043,914M | 1,010,412M | 878,256M | 798,486M | 812,177M | 728,843M | 726,567M | 720,984M | 678,301M | 580,845M | 510,929M | 1,194,570M | 1,193,560M | 383,768M |
| Gross Profit | 3,101,099M | 2,617,920M | 2,783,664M | 2,571,480M | 2,486,492M | 2,388,938M | 2,193,497M | 2,008,501M | 1,829,059M | 1,718,286M | 1,564,152M | 1,586,399M | 1,433,748M | 1,397,358M | 1,314,537M | 1,243,522M | 1,072,963M | 1,104,925M | 1,031,560M | 833,697M |
| Gross Profit Margin | 64.4% | 62.5% | 64.6% | 64.8% | 64.5% | 65.2% | 67.8% | 66.5% | 67.6% | 68.3% | 65.8% | 68.5% | 66.4% | 66.0% | 66.0% | 68.2% | 67.7% | 48.1% | 46.4% | 68.5% |
| R&D Expenses | 13,532M | 9,403M | 11,379M | 9,107M | 9,603M | 12,209M | 6,303M | 7,229M | 8,360M | 8,930M | 6,783M | 8,059M | 7,546M | 7,030M | 8,565M | 8,645M | 6,234M | 17,985M | 15,241M | 7,400M |
| SG&A Expenses | 1,726,110M | 1,363,093M | 1,052,338M | 911,156M | 919,973M | 888,554M | 759,434M | 1,031,206M | 840,534M | 807,757M | 817,363M | 729,936M | 691,445M | 676,655M | 703,347M | 618,025M | 485,970M | 533,100M | 529,091M | 434,408M |
| Operating Expenses | 2,220,692M | 1,841,944M | 1,988,290M | 1,617,600M | 1,809,113M | 1,748,719M | 1,587,059M | 1,550,225M | 1,309,232M | 1,245,537M | 1,225,354M | 1,123,060M | 1,069,320M | 1,058,325M | 1,088,391M | 1,000,437M | 820,680M | 865,975M | 809,836M | 672,339M |
| Operating Income (EBIT) | 880,407M | 775,976M | 795,374M | 953,880M | 677,379M | 640,219M | 606,439M | 458,275M | 519,827M | 472,749M | 338,797M | 463,339M | 364,429M | 339,032M | 226,147M | 243,084M | 252,283M | 238,951M | 221,725M | 161,358M |
| Operating Income Margin | 18.3% | 18.5% | 18.5% | 24.0% | 17.6% | 17.5% | 18.7% | 15.2% | 19.2% | 18.8% | 14.3% | 20.0% | 16.9% | 16.0% | 11.3% | 13.3% | 15.9% | 10.4% | 10.0% | 13.3% |
| Interest Income | 4,705M | 6,978M | 5,808M | 5,775M | 3,476M | 1,008M | 1,183M | 1,331M | 1,210M | 978M | 1,210M | 1,423M | 2,701M | 4,131M | 1,601M | 2,054M | 1,770M | 4,810M | 5,889M | 1,611M |
| Interest Expense | 70,902M | 60,668M | 62,704M | 54,273M | 33,055M | 17,876M | 21,204M | 21,980M | 17,781M | 12,337M | 6,103M | 4,339M | 11,530M | 18,621M | 30,250M | 26,374M | 17,994M | 28,581M | 29,912M | 8,011M |
| Net Interest Income | -66,197M | -53,691M | -56,896M | -48,499M | -29,579M | -16,868M | -20,021M | -20,649M | -16,571M | -11,359M | -4,893M | -2,916M | -8,830M | -14,490M | -28,649M | -24,321M | -16,224M | -23,771M | -24,023M | -6,400M |
| Unusual Items | -1,187M | 42,344M | 45,525M | -240,731M | 35,509M | 35,202M | -46,039M | 13,792M | -34,689M | -21,514M | -10,151M | -5,960M | -23,152M | 2,595M | -51,715M | -1,252M | 24,891M | -3,084M | -13,826M | 591M |
| EBT Excluding Unusual Items | 814,209M | 722,285M | 738,477M | 905,382M | 647,799M | 623,351M | 586,418M | 437,626M | 503,256M | 461,390M | 333,905M | 460,423M | 355,599M | 324,543M | 197,498M | 218,764M | 236,059M | 215,180M | 197,702M | 154,958M |
| Pre-Tax Income | 813,023M | 764,629M | 784,002M | 664,650M | 683,308M | 658,552M | 540,379M | 451,419M | 468,567M | 439,876M | 323,754M | 454,463M | 332,447M | 327,137M | 145,783M | 217,512M | 260,950M | 212,096M | 183,876M | 155,549M |
| Pre-Tax Margin | 16.9% | 18.3% | 18.2% | 16.8% | 17.7% | 18.0% | 16.7% | 15.0% | 17.3% | 17.5% | 13.6% | 19.6% | 15.4% | 15.4% | 7.3% | 11.9% | 16.5% | 9.2% | 8.3% | 12.8% |
| Income Tax Expense | 238,591M | 200,176M | 218,550M | 189,552M | 225,512M | 193,066M | 135,668M | 119,211M | 118,756M | 114,268M | 80,443M | 111,343M | 82,778M | 82,063M | 51,740M | 50,458M | 67,784M | 52,191M | 56,307M | 39,430M |
| Net Income | 574,642M | 563,152M | 565,600M | 471,301M | 458,175M | 465,658M | 404,892M | 332,942M | 350,241M | 326,084M | 243,647M | 343,148M | 249,691M | 245,075M | 94,043M | 167,054M | 193,901M | 152,862M | 127,344M | 116,104M |
| Net Income Margin | 11.9% | 13.4% | 13.1% | 11.9% | 11.9% | 12.7% | 12.5% | 11.0% | 12.9% | 13.0% | 10.3% | 14.8% | 11.6% | 11.6% | 4.7% | 9.2% | 12.2% | 6.6% | 5.7% | 9.5% |
| Depreciation & Amortization | 418,567M | 424,143M | 423,800M | 438,235M | 482,561M | 522,207M | 543,113M | 280,778M | 255,187M | 235,052M | 233,150M | 227,674M | 213,608M | 198,208M | 183,620M | 159,488M | 143,339M | 179,544M | 174,895M | 142,009M |
| EBITDA | 1,298,974M | 1,200,119M | 1,219,174M | 1,392,115M | 1,159,940M | 1,162,426M | 1,149,551M | 739,053M | 775,014M | 707,801M | 571,947M | 691,013M | 578,037M | 537,241M | 409,766M | 402,572M | 395,622M | 418,494M | 396,619M | 303,367M |
| EBITDA Margin | 27.0% | 28.7% | 28.3% | 35.1% | 30.1% | 31.7% | 35.5% | 24.5% | 28.6% | 28.1% | 24.1% | 29.8% | 26.8% | 25.4% | 20.6% | 22.1% | 25.0% | 18.2% | 17.8% | 24.9% |
| NOPAT | 622,041M | 572,829M | 573,654M | 681,843M | 453,823M | 452,528M | 454,185M | 337,254M | 388,080M | 349,941M | 254,617M | 349,822M | 273,687M | 253,986M | 145,884M | 186,694M | 186,750M | 180,152M | 153,828M | 120,455M |
| NOPAT Margin | 12.9% | 13.7% | 13.3% | 17.2% | 11.8% | 12.3% | 14.0% | 11.2% | 14.3% | 13.9% | 10.7% | 15.1% | 12.7% | 12.0% | 7.3% | 10.2% | 11.8% | 7.8% | 6.9% | 9.9% |
| Owner's Earnings | 753,593M | 737,563M | 740,058M | 644,909M | 655,299M | 701,980M | 619,756M | 219,722M | 198,806M | 215,557M | 135,095M | 235,395M | 150,811M | 170,614M | -44,491M | 2,839M | 84,723M | 3,613M | 94,585M | 24,005M |
| Owner's Earnings Margin | 15.7% | 17.6% | 17.2% | 16.3% | 17.0% | 19.2% | 19.1% | 7.3% | 7.3% | 8.6% | 5.7% | 10.2% | 7.0% | 8.1% | -2.2% | 0.2% | 5.3% | 0.2% | 4.3% | 2.0% |
| EPS (Basic) | 8.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 5.00 | 4.00 | 4.00 | 4.00 | 3.00 | 4.00 | 3.00 | 3.00 | 1.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| EPS (Diluted) | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 5.00 | 4.00 | 4.00 | 4.00 | 3.00 | 4.00 | 3.00 | 3.00 | 1.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Shares (Basic) | 72M | 72M | 72M | 73M | 73M | 73M | 73M | 72M | 72M | 73M | 74M | 74M | 74M | 75M | 74M | 75M | 76M | 75M | 74M | 74M |
| Shares (Diluted) | 72M | 72M | 72M | 73M | 73M | 73M | 73M | 72M | 72M | 74M | 75M | 75M | 74M | 75M | 75M | 75M | 76M | 75M | 74M | 74M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 211,448.92M | 125,540.63M | 128,994.28M | 260,275.92M | 115,935.47M | 73,126.54M | 115,815.62M | 60,540.53M | 69,353.97M | 110,298.03M | 66,306.98M | 116,307.90M | 147,363.02M | 238,665.06M | 152,411.78M | 98,223.34M | 74,238.93M | 153,750.08M | 114,582.74M | 33,051.15M |
| Short-Term Investments | 63,314.52M | 109,185.84M | 9,926.35M | 3,428.74M | 4,174.14M | 31,795.11M | 35,825.06M | 34,165.60M | 106,797.00M | 60,088.98M | 75,453.10M | 9,219.34M | 6,350.52M | 6,454.19M | 3,140.94M | 2,153.84M | 1,699.46M | 17,031.91M | 10,818.87M | 486.79M |
| Cash & Short-Term Investments | 274,763.44M | 234,726.47M | 138,920.64M | 263,704.65M | 120,109.61M | 104,921.66M | 151,640.69M | 94,706.13M | 176,150.97M | 170,387.01M | 141,760.08M | 125,527.24M | 153,713.55M | 245,119.25M | 155,552.71M | 100,377.18M | 75,938.39M | 170,781.98M | 125,401.61M | 33,537.94M |
| Net Receivables | -1,087,189.90M | 1,474,292.85M | -874,220.30M | -543,778.34M | -401,944.11M | -219,305.46M | 588,764.78M | 499,020.76M | 325,565.91M | 340,142.31M | 322,971.36M | 293,750.04M | 235,559.03M | 256,002.70M | 265,455.38M | 245,977.91M | 205,253.19M | 296,969.64M | 273,508.65M | 127,820.89M |
| Inventory | 279,215.35M | 268,227.42M | 240,129.76M | 197,907.53M | 253,684.07M | 234,950.13M | 134,014.47M | 112,845.48M | 102,919.05M | 74,861.01M | 70,194.67M | 69,820.81M | 61,909.65M | 65,766.15M | 71,687.17M | 103,704.35M | 90,051.23M | 150,211.08M | 150,585.09M | 60,640.79M |
| Other Current Assets | 2,655,034.60M | 27,781.75M | 2,223,020.30M | 1,662,684.77M | 1,370,239.81M | 973,550.09M | 1,021.27M | 28,678.90M | 333,950.31M | 26,730.56M | 32,658.42M | 28,992.94M | 26,902.14M | 25,086.58M | 163,458.93M | 103.27M | 0.00M | 292,276.44M | 266,082.33M | 127,526.19M |
| Total Current Assets | 2,121,823.48M | 2,005,028.50M | 1,727,850.39M | 1,580,518.62M | 1,342,089.38M | 1,094,116.42M | 875,441.20M | 735,251.26M | 938,586.25M | 612,120.88M | 567,584.52M | 518,091.03M | 478,084.37M | 591,974.68M | 656,154.19M | 450,162.72M | 371,242.81M | 910,239.14M | 815,577.67M | 349,525.80M |
| Property, Plant & Equipment | 991,562.27M | 1,010,624.26M | 1,037,640.32M | 1,019,094.50M | 1,051,237.15M | 1,159,916.14M | 1,225,129.33M | 1,270,778.21M | 781,012.73M | 712,397.81M | 669,403.18M | 699,511.86M | 675,187.87M | 638,306.13M | 630,421.98M | 568,897.14M | 470,855.62M | 758,251.51M | 690,226.17M | 390,452.89M |
| Goodwill | 147,775.81M | 147,775.81M | 147,775.81M | 147,775.81M | 147,775.81M | 147,775.81M | 108,920.65M | 117,311.85M | 109,812.12M | 129,000.70M | 129,000.70M | 129,000.70M | 129,000.70M | 132,241.17M | 132,582.06M | 132,608.22M | 128,031.42M | 100,304.08M | 25,031.65M | 33,032.46M |
| Intangible Assets | 42,117.86M | 43,472.92M | 43,533.22M | 40,669.61M | 47,596.71M | 35,077.14M | 31,474.00M | 51,090.04M | 50,480.32M | 54,919.40M | 53,993.17M | 39,785.99M | 41,625.62M | 44,606.39M | 51,083.01M | 50,568.99M | 50,290.99M | 38,903.61M | 37,194.82M | 41,866.42M |
| Long-Term Investments | 3,729,525.02M | 34,417.48M | 40,130.49M | 42,669.64M | 34,651.30M | 27,351.86M | -21,107.75M | -15,525.77M | -48,999.15M | -3,853.72M | -23,327.73M | 45,278.91M | 48,651.73M | 48,538.25M | 47,731.05M | 202,995.65M | 205,664.13M | 1,467.48M | 11,842.57M | 10,566.13M |
| Tax Assets | 189,429.66M | 0.00M | 86,817.75M | 98,932.86M | 117,983.59M | 114,692.55M | 86,398.98M | 71,602.88M | 5,245.81M | 477.89M | 1,522.26M | 883.83M | 880.53M | 264.25M | 514.14M | 668.54M | 3,934.30M | 14,702.97M | 8,991.25M | 18,365.65M |
| Other Non-Current Assets | -581,132.69M | 3,060,029.73M | 2,634,655.62M | 1,910,197.84M | 1,591,329.25M | 1,209,360.16M | 701,353.41M | 592,754.16M | 637,633.19M | 474,459.82M | 403,982.24M | 207,617.84M | 129,492.49M | 112,487.98M | 113,611.60M | 96,384.50M | 65,446.35M | 86,837.28M | 73,270.13M | 57,587.49M |
| 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 |
| Total Non-Current Assets | 4,519,277.93M | 4,296,320.19M | 3,990,553.22M | 3,259,340.25M | 2,990,573.81M | 2,694,173.66M | 2,132,168.62M | 2,088,011.36M | 1,535,185.01M | 1,367,401.91M | 1,234,573.82M | 1,122,079.12M | 1,024,838.93M | 976,444.18M | 975,943.84M | 1,052,123.04M | 924,222.82M | 1,000,466.93M | 846,556.58M | 551,871.04M |
| Total Assets | 6,641,101.41M | 6,301,348.69M | 5,718,403.61M | 4,839,858.86M | 4,332,663.19M | 3,788,290.08M | 3,007,609.82M | 2,823,262.62M | 2,473,771.26M | 1,979,522.79M | 1,802,158.34M | 1,640,170.16M | 1,502,923.30M | 1,568,418.86M | 1,632,098.03M | 1,502,285.75M | 1,295,465.62M | 1,910,706.07M | 1,662,134.26M | 901,396.84M |
| Accounts Payable | 143,747.73M | 96,603.59M | 126,443.45M | 107,987.30M | 83,462.97M | 92,104.76M | 73,564.56M | 63,055.56M | 66,799.28M | 57,098.94M | 61,187.47M | 64,248.46M | 64,178.44M | 39,197.49M | 51,453.27M | 55,441.35M | 47,324.52M | 138,473.68M | 82,200.82M | 25,773.27M |
| Short-Term Debt | 1,139,982.73M | 1,178,196.68M | 825,472.32M | 670,106.46M | 306,504.44M | 388,356.00M | 700,666.00M | 861,086.00M | 731,648.00M | 670,000.00M | 340,000.00M | 80,040.72M | 164,403.28M | 327,940.17M | 440,534.35M | 278,676.83M | 108,786.64M | 311,593.05M | 150,870.68M | 114,359.10M |
| Tax Payables | 99,638.78M | 0.00M | 138,664.32M | 67,945.17M | 69,802.21M | 124,367.24M | 64,085.07M | 97,119.20M | 73,247.26M | 62,311.43M | 47,867.96M | 70,198.27M | 44,933.78M | 61,240.94M | 19,066.88M | 17,738.13M | 24,164.66M | 23,587.94M | 27,310.32M | 17,694.45M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 199,012.52M | 634,193.60M | 500,115.93M | 527,233.24M | 73,247.26M | 393,578.80M | 334,146.94M | 328,420.89M | 295,747.03M | 307,864.49M | 263,934.25M | 243,921.49M | 249,434.62M | 318,555.22M | 308,694.94M | 17,694.45M |
| Other Current Liabilities | 532,990.64M | 831,054.28M | 723,443.81M | 654,356.54M | 444,492.71M | 109,474.45M | -157,672.65M | 88,753.44M | 411,762.72M | 370,242.41M | 311,369.48M | 308,578.61M | 279,360.20M | 291,562.06M | 97,733.62M | 77,127.63M | 74,950.15M | 149,549.71M | 281,384.62M | 238,527.32M |
| Total Current Liabilities | 1,916,359.86M | 2,105,854.55M | 1,814,023.90M | 1,500,395.47M | 1,103,274.86M | 1,348,496.04M | 1,180,758.91M | 1,637,247.44M | 1,356,704.53M | 1,553,231.58M | 1,094,571.84M | 851,486.95M | 848,622.73M | 1,027,805.15M | 872,722.36M | 672,905.42M | 504,660.60M | 941,759.60M | 850,461.37M | 414,048.57M |
| Long-Term Debt | 902,075.80M | 675,550.25M | 541,879.05M | 598,887.88M | 829,248.53M | 456,361.94M | 9,350.00M | 9,449.00M | 9,985.00M | 12,303.00M | 11,812.00M | 7,951.00M | 932.00M | 11,357.55M | 147,904.33M | 267,337.66M | 223,499.56M | 147,636.85M | 228,690.86M | 0.00M |
| Capital Lease Obligations | 115,016.18M | 119,236.76M | 113,522.65M | 80,346.88M | 55,455.01M | 47,734.64M | 22,751.26M | 31,281.86M | 2.08M | 6.67M | 21.03M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 14.41M | 15.02M | 93,993.89M | 81,170.01M | 0.00M | 130,201.44M | 17,042.88M | 9,994.90M | 7,965.63M | 23,146.42M | 20,097.27M | 21,402.75M | 25,916.14M | 8,649.12M | 286.07M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 57,362.25M | 51,691.00M | 27,281.15M | 19,116.07M | 20,462.22M | 85,492.26M | 73,721.16M | 0.00M | 29,866.82M | 19,671.76M | 19,975.12M | 33,189.81M | 55,241.18M | 38,880.02M | 28,333.15M | 23,845.95M | 19,041.02M | 47,689.23M | 42,866.64M | 14,546.11M |
| Total Non-Current Liabilities | 1,074,454.23M | 846,478.00M | 682,697.26M | 698,365.85M | 999,159.66M | 670,758.85M | 105,822.42M | 170,932.30M | 56,896.78M | 41,976.33M | 39,773.78M | 64,287.23M | 76,270.45M | 71,640.32M | 202,153.62M | 299,832.73M | 242,826.65M | 195,326.08M | 271,557.50M | 14,546.11M |
| Total Liabilities | 2,990,814.10M | 2,952,332.56M | 2,496,721.16M | 2,198,761.32M | 2,102,434.52M | 2,019,254.89M | 1,286,581.33M | 1,808,179.74M | 1,413,601.30M | 1,595,207.91M | 1,134,345.62M | 915,774.18M | 924,893.18M | 1,099,445.47M | 1,074,875.99M | 972,738.15M | 747,487.25M | 1,137,085.68M | 1,122,018.87M | 428,594.68M |
| 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 |
| Common Stock | 40,335.09M | 40,335.09M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 40,662.40M | 39,316.00M | 39,316.00M |
| Retained Earnings | 3,192,543.61M | 3,013,735.01M | 1,022,529.44M | 2,503,183.35M | 2,161,480.57M | 1,757,327.74M | 1,365,152.15M | 933,644.93M | 921,361.36M | 963,027.31M | 1,179,735.67M | 1,177,049.75M | 985,875.25M | 867,992.46M | 700,852.89M | 675,650.08M | 591,622.69M | 529,169.83M | 441,098.97M | 369,885.08M |
| Accumulated OCI | 0.00M | 69,998.27M | 0.00M | -747.80M | 14,878.88M | 11,589.24M | -10,835.75M | 929,010.11M | 973,356.54M | 1,018,202.10M | 1,010,228.18M | 43,928.44M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | -2,443.54M | -2,417.13M | -2,281.81M | -2,133.97M | -1,843.93M | -1,464.56M | -1,292.77M | -1,112.00M | -377.51M | 52.21M | 528.73M | 864.61M | 892.29M | 0.00M | 0.00M | 0.00M | 178,666.26M | 159,600.73M | 157,451.69M | 0.00M |
| Total Shareholders’ Equity | 3,232,878.71M | 3,124,068.38M | 1,063,191.84M | 2,543,097.94M | 2,217,021.84M | 1,809,579.38M | 1,394,978.80M | 1,903,317.44M | 1,935,380.30M | 2,021,891.80M | 2,230,626.25M | 1,261,640.59M | 1,026,537.65M | 908,654.86M | 741,515.28M | 716,312.48M | 632,285.09M | 569,832.23M | 480,414.96M | 409,201.08M |
| Total Equity | 3,230,435.17M | 3,121,651.25M | 1,060,910.03M | 2,540,963.98M | 2,215,177.91M | 1,808,114.81M | 1,393,686.02M | 1,902,205.44M | 1,935,002.79M | 2,021,944.01M | 2,231,154.98M | 1,262,505.20M | 1,027,429.93M | 908,654.86M | 741,515.28M | 716,312.48M | 810,951.35M | 729,432.96M | 637,866.65M | 409,201.08M |
| Total Liabilities & Equity | 6,221,249.27M | 6,073,983.80M | 3,557,631.19M | 4,739,725.30M | 4,317,612.43M | 3,827,369.71M | 2,680,267.36M | 3,710,385.18M | 3,348,604.09M | 3,617,151.92M | 3,365,500.60M | 2,178,279.38M | 1,952,323.12M | 2,008,100.33M | 1,816,391.27M | 1,689,050.63M | 1,558,438.60M | 1,866,518.64M | 1,759,885.52M | 837,795.76M |
| Tangible Assets | 6,451,207.75M | 6,110,099.96M | 5,527,094.58M | 4,651,413.45M | 4,137,290.66M | 3,605,437.13M | 2,867,215.17M | 2,654,860.73M | 2,313,478.82M | 1,795,602.70M | 1,619,164.48M | 1,471,383.48M | 1,332,296.98M | 1,391,571.30M | 1,448,432.96M | 1,319,108.54M | 1,117,143.21M | 1,771,498.38M | 1,599,907.79M | 826,497.96M |
| Tangible Equity | 3,040,541.51M | 2,930,402.52M | 869,601.00M | 2,352,518.56M | 2,019,805.38M | 1,625,261.86M | 1,253,291.37M | 1,733,803.55M | 1,774,710.35M | 1,838,023.92M | 2,048,161.12M | 1,093,718.52M | 856,803.61M | 731,807.30M | 557,850.21M | 533,135.27M | 632,628.94M | 590,225.27M | 575,640.18M | 334,302.19M |
| Tangible Book Value | 3,040,541.51M | 2,930,402.52M | 869,601.00M | 2,352,518.56M | 2,019,805.38M | 1,625,261.86M | 1,253,291.37M | 1,733,803.55M | 1,774,710.35M | 1,838,023.92M | 2,048,161.12M | 1,093,718.52M | 856,803.61M | 731,807.30M | 557,850.21M | 533,135.27M | 632,628.94M | 590,225.27M | 575,640.18M | 334,302.19M |
| Total Investments | 3,783,504.11M | 143,603.32M | 50,056.85M | 46,098.38M | 38,825.44M | 59,146.97M | 14,717.32M | 18,639.82M | 57,797.85M | 56,235.26M | 52,125.37M | 54,498.26M | 55,002.25M | 54,992.44M | 50,871.99M | 205,149.49M | 207,363.60M | 18,499.39M | 22,661.44M | 11,052.92M |
| Net Debt | 1,830,609.61M | 1,728,206.29M | 1,238,357.08M | 1,008,718.43M | 1,019,817.51M | 771,591.40M | 594,200.38M | 809,994.47M | 672,279.03M | 572,004.97M | 285,505.02M | -28,316.18M | 17,972.26M | 100,632.66M | 436,026.90M | 447,791.16M | 258,047.27M | 305,479.83M | 264,978.79M | 81,307.95M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | -5,772.0M | -189,821.6M | -106,981.3M | 82,610.6M | 244,271.7M | -186,723.1M | -520,423.7M | -819,880.0M | -390,592.1M | -333,279.0M | -2,256.7M | 180,435.9M | 70,769.3M | 14,681.9M | 20,005.6M | -5,739.2M | 57,366.8M | 34,720.8M | 179,257.4M | -8,940.6M |
| Total Capital | 5,586,115.1M | 5,231,009.2M | 4,679,271.6M | 3,989,230.0M | 3,505,020.6M | 2,798,354.8M | 2,224,068.9M | 1,980,124.4M | 1,829,710.8M | 1,664,514.0M | 1,534,627.0M | 1,325,354.9M | 1,203,878.0M | 1,268,828.7M | 1,373,523.5M | 1,283,917.0M | 1,060,569.5M | 1,139,490.8M | 976,366.4M | 642,743.4M |
| Capital Employed | 4,513,506.0M | 4,106,498.6M | 3,883,571.9M | 3,341,950.8M | 3,234,845.5M | 2,507,450.6M | 1,611,744.9M | 1,268,131.4M | 1,144,592.9M | 1,034,122.9M | 1,232,317.1M | 1,302,515.1M | 1,095,608.2M | 991,126.1M | 995,949.4M | 1,046,383.8M | 981,589.6M | 1,035,187.7M | 1,025,814.0M | 542,930.5M |
| Invested Capital | 5,374,666.1M | 5,105,468.5M | 4,550,277.3M | 3,728,954.1M | 3,389,085.2M | 2,725,228.3M | 2,108,253.3M | 1,919,583.9M | 1,760,356.9M | 1,554,216.0M | 1,468,320.1M | 1,209,047.0M | 1,056,515.0M | 1,030,163.6M | 1,221,111.7M | 1,185,693.7M | 986,330.6M | 985,740.7M | 861,783.6M | 609,692.3M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 574,567.05M | 563,136.90M | 565,600.03M | 471,011.11M | 457,795.62M | 465,486.10M | 404,710.86M | 332,207.68M | 349,811.49M | 325,607.41M | 243,311.23M | 343,120.38M | 249,668.41M | 245,074.65M | 94,042.70M | 167,053.76M | 193,166.20M | 158,727.70M | 126,026.08M | 116,118.35M |
| Depreciation & Amortization | 418,566.77M | 424,143.21M | 423,800.06M | 438,235.16M | 482,877.54M | 522,537.77M | 543,293.26M | 281,224.23M | 255,532.78M | 235,509.35M | 233,149.59M | 227,674.11M | 213,608.35M | 198,208.22M | 183,619.62M | 159,487.97M | 143,339.15M | 179,543.52M | 174,894.94M | 142,009.12M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 202,420.18M | 197,671.61M | 123,504.50M | 141,175.88M | 116,170.12M | 58,974.53M | 128,377.99M | 88,078.45M | 114,371.38M | 173,962.29M | 79,379.46M | 94,303.93M | 84,993.97M | 73,866.93M | 74,761.01M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 70.41M | 169.87M | 916.49M | 3,484.70M | -1,619.79M | 3,530.18M | 4,747.23M | 7,933.96M | 7,842.28M | 4,408.61M | 1,643.24M | 1,990.15M | 2,226.14M | 2,729.81M | 1,972.96M | 2,846.24M |
| Change in Working Capital | -1,034,170.64M | -641,112.58M | -793,940.06M | -605,110.53M | -787,565.92M | -828,983.51M | -566,961.58M | -307,989.52M | -236,542.70M | -148,493.96M | -232,344.18M | -195,292.14M | -29,120.44M | -41,071.45M | -23,934.50M | -120,767.49M | -72,947.49M | 9,084.65M | -61,266.98M | -51,743.34M |
| Accounts Receivable | -184,667.39M | -208,051.83M | 142,737.42M | 37,995.15M | -497,912.33M | -573,169.65M | -311,763.43M | -267,421.16M | -159,849.91M | -151,137.78M | -169,115.59M | -97,610.44M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | -74,441.98M | -15,301.09M | -58,224.96M | 51,120.69M | -18,387.34M | -90,541.88M | -25,100.33M | -5,279.31M | -26,382.45M | -5,799.08M | -4,050.34M | -4,997.63M | -3,370.27M | 18,985.55M | 24,977.08M | -12,925.55M | -22,226.63M | 2,043.12M | -60.02M | 20,525.56M |
| Accounts Payable | 870.79M | 106,427.07M | 8,176.43M | -6,588.78M | -35,343.84M | -29,677.88M | 42,720.58M | -8,501.59M | -2,705.45M | 20,971.38M | -3,664.23M | 5,797.40M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | -775,932.07M | -524,186.73M | -886,628.95M | -687,637.59M | -235,922.41M | -135,594.10M | -272,818.41M | -26,787.47M | -210,160.25M | -142,694.88M | -228,293.84M | -190,294.52M | -25,750.17M | -60,057.00M | -48,911.58M | -107,841.94M | -50,720.86M | 7,041.54M | -61,206.97M | -72,268.90M |
| Other Non-Cash Items | 82,624.30M | 98,726.04M | 134,879.02M | 144,813.46M | 11,280.58M | -30,343.54M | -16,791.55M | 106,827.99M | 30,772.11M | 21,261.98M | 49,705.92M | 1,028.56M | 6,661.83M | 15,763.70M | 24,962.31M | 27,324.86M | -12,995.64M | 3,617.03M | -334.67M | 25.50M |
| Net Cash from Operating Activities | 41,587.48M | 444,893.57M | 330,339.06M | 448,949.19M | 164,458.24M | 331,286.87M | 562,839.09M | 539,259.58M | 539,129.78M | 553,585.08M | 357,544.32M | 512,842.86M | 536,738.89M | 536,755.12M | 454,295.66M | 314,468.71M | 347,092.29M | 438,696.68M | 315,159.26M | 284,016.89M |
| Capital Expenditures (PPE) | -239,642.82M | -246,881.42M | -237,403.79M | -255,848.34M | -285,437.25M | -285,884.12M | -328,247.90M | -393,997.84M | -406,622.03M | -345,578.44M | -341,702.08M | -335,426.68M | -312,488.42M | -272,669.01M | -322,153.80M | -323,702.51M | -252,516.97M | -328,792.08M | -207,653.27M | -234,108.64M |
| Acquisitions (Net) | 8,789.99M | 211.44M | 0.00M | 0.00M | 1,064.66M | -84,820.00M | 3,042.89M | -40,110.59M | 6,353.99M | 8,779.31M | 3,447.11M | -8,550.57M | 6,710.71M | 178,154.60M | 432.69M | -7,373.72M | -63,285.69M | -1,022.55M | -82,157.36M | 2,271.16M |
| Purchases of Investments | -27,569.96M | -7,859.83M | -7,390.64M | -20,942.72M | -8,710.47M | -9,966.29M | -2,444.77M | -9,798.79M | -8,438.88M | -108,742.68M | -57,469.72M | -9,482.97M | -6,589.95M | -18,836.64M | -9,729.77M | -15,581.40M | -27,250.59M | -13,121.33M | -7,254.13M | -3,969.80M |
| Sales / Maturities of Investments | 56,397.93M | 6,116.72M | 5,385.84M | 7,356.84M | 7,818.48M | 11,469.22M | 4,831.73M | 10,509.74M | 7,310.28M | 149,665.94M | 14,725.49M | 9,614.39M | 6,898.68M | 20,501.40M | 5,715.00M | 14,663.91M | 24,007.85M | 8,775.74M | 44,981.50M | 7,064.74M |
| Other Investing Activities | -99,661.25M | 2,689.66M | -3,601.66M | -2,891.82M | 3,153.37M | 1,444.40M | -243.27M | 50,293.86M | 7,882.47M | 6,198.40M | 13,501.23M | 14,346.79M | 6,273.06M | 16,556.05M | 5,352.62M | 7,770.02M | 13,451.31M | 9,689.04M | 38,359.25M | 8,041.94M |
| Net Cash from Investing Activities | -301,686.11M | -245,723.43M | -243,010.25M | -272,326.03M | -282,111.23M | -367,756.79M | -323,061.32M | -383,103.62M | -393,514.17M | -289,677.47M | -367,497.96M | -329,499.04M | -299,195.91M | -76,293.60M | -320,383.26M | -324,223.69M | -305,594.09M | -324,471.17M | -213,724.01M | -220,700.61M |
| Net Debt Issuance | 888,948.14M | -28,676.29M | -29,394.25M | 110,550.47M | 271,630.11M | 94,575.69M | -160,510.33M | 113,987.44M | -670.00M | 330,491.00M | 3,861.00M | -77,342.39M | -162,499.30M | -261,594.86M | 19,899.01M | 208,737.71M | 51,971.95M | 25,044.45M | -7,796.64M | -19,731.62M |
| Long-Term Debt Issuance | 507,046.48M | 23,384.36M | -4,474.17M | 96,253.45M | 373,711.83M | 434,251.44M | -99.00M | -15,450.56M | -670.00M | 491.00M | 3,861.00M | 7,019.00M | -145,234.33M | -110,499.87M | 0.00M | 149,527.46M | 149,618.89M | -30,600.00M | 237,222.72M | 0.00M |
| Short-Term Debt Issuance | 381,901.67M | -62,543.31M | -24,920.07M | 14,297.03M | -102,081.73M | -339,675.76M | -160,411.33M | 129,438.00M | 60,000.00M | 330,000.00M | 259,959.28M | -84,361.39M | -163,431.30M | -151,095.00M | 19,899.01M | 59,210.25M | -97,646.95M | 55,644.45M | -245,019.36M | -19,731.62M |
| Net Stock Issuance | -61,860.08M | -37,146.20M | -36,891.97M | 0.00M | 406.00M | 0.00M | 20,396.68M | 2,176.57M | 2,727.42M | -142,055.23M | -93,280.60M | 5,238.16M | -31,477.67M | -18,778.29M | 12,212.20M | -73,494.45M | 1,893.50M | -38,947.61M | 0.00M | -246.91M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 406.00M | 0.00M | 20,396.68M | 2,176.57M | 2,727.42M | 14,829.11M | 4,718.01M | 5,238.16M | 3,866.02M | 4,863.45M | 12,212.20M | 0.00M | 5,565.20M | 7,452.40M | 0.00M | 85,438.05M |
| Common Stock Repurchased | -61,860.08M | -37,146.20M | -36,891.97M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -142,055.23M | -97,998.62M | 0.00M | -31,477.67M | -18,778.29M | 0.00M | -73,494.45M | 0.00M | -46,400.01M | 0.00M | -85,684.96M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -14,829.11M | 0.00M | 0.00M | -3,866.02M | -4,863.45M | 0.00M | 0.00M | -3,671.70M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -189,121.02M | -97,961.06M | -97,961.06M | -94,332.87M | -90,694.53M | -87,066.75M | 0.00M | -259,916.85M | -230,886.66M | -409,214.51M | -208,032.05M | -148,347.92M | -123,613.38M | -78,413.79M | -77,841.54M | -79,941.54M | -76,825.44M | -64,755.83M | -58,056.96M | -29,750.24M |
| Common Dividends Paid | -189,121.02M | -97,961.06M | -97,961.06M | -94,332.87M | -90,694.53M | -87,066.75M | 0.00M | -259,916.85M | -230,886.66M | -409,214.51M | -208,032.05M | -148,347.92M | -123,613.38M | -78,413.79M | -77,841.54M | -79,941.54M | -76,825.44M | -64,755.83M | -58,056.96M | -29,750.24M |
| 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 | -64,755.83M | 0.00M | 0.00M |
| Other Financing Activities | -277,422.42M | -110,798.59M | -61,745.05M | -48,532.93M | -20,611.08M | -16,017.40M | -41,439.67M | -21,139.91M | 42,050.62M | 2,494.21M | 257,472.66M | 7,043.77M | -10,332.36M | -14,154.13M | -29,906.18M | -24,754.55M | -18,088.18M | 0.00M | 3,605.92M | -128.14M |
| Net Cash from Financing Activities | 360,544.62M | -274,582.14M | -225,992.32M | -32,315.33M | 160,730.49M | -8,508.47M | -181,553.32M | -164,892.75M | -186,778.62M | -218,284.53M | -39,978.99M | -213,408.38M | -327,922.72M | -372,941.07M | -75,636.51M | 30,547.17M | -41,048.17M | -78,658.99M | -62,247.67M | -49,856.91M |
| Effect of FX on Cash | -2,945.96M | 1,162.31M | 7,381.88M | 32.62M | -268.58M | 2,289.31M | -2,949.36M | -76.66M | 218.95M | -1,632.03M | -68.29M | -990.57M | -922.30M | -1,267.16M | -4,404.71M | 2,838.57M | -3,316.56M | -971.59M | 42,344.02M | -14,928.06M |
| Net Change in Cash | 97,500.03M | -74,249.68M | -131,281.63M | 144,340.45M | 42,808.93M | -42,689.08M | 55,275.09M | -8,813.44M | -40,944.07M | 43,991.05M | -50,000.92M | -31,055.12M | -91,302.04M | 86,253.29M | 54,188.44M | 23,630.76M | -2,866.53M | 39,167.34M | 81,531.59M | -1,468.68M |
| Cash at Beginning of Period | 479,173.28M | 844,237.50M | 260,275.92M | 115,935.47M | 73,126.54M | 115,815.62M | 60,540.53M | 69,353.97M | 110,298.03M | 66,306.98M | 116,307.90M | 147,363.02M | 238,665.06M | 152,411.78M | 98,223.34M | 74,592.58M | 77,459.11M | 114,582.74M | 33,051.15M | 34,519.83M |
| Cash at End of Period | 576,673.31M | 769,987.82M | 128,994.28M | 260,275.92M | 115,935.47M | 73,126.54M | 115,815.62M | 60,540.53M | 69,353.97M | 110,298.03M | 66,306.98M | 116,307.90M | 147,363.02M | 238,665.06M | 152,411.78M | 98,223.34M | 74,592.58M | 153,750.08M | 114,582.74M | 33,051.15M |
| Operating Cash Flow | 41,587.48M | 428,125.16M | 330,339.06M | 448,949.19M | 164,458.24M | 331,286.87M | 562,839.09M | 539,259.58M | 539,129.78M | 553,585.08M | 357,544.32M | 512,842.86M | 536,738.89M | 536,755.12M | 454,295.66M | 314,468.71M | 347,092.29M | 438,696.68M | 315,159.26M | 284,016.89M |
| Capital Expenditure | -239,616.61M | -249,732.02M | -249,342.13M | -264,627.20M | -285,437.25M | -285,884.12M | -328,247.90M | -393,997.84M | -406,622.03M | -345,578.44M | -341,702.08M | -335,426.68M | -312,488.42M | -272,669.01M | -322,153.80M | -323,702.51M | -252,516.97M | -328,792.08M | -207,653.27M | -234,108.64M |
| Free Cash Flow | -198,029.13M | 178,393.14M | 80,996.93M | 184,321.99M | -120,979.02M | 45,402.75M | 234,591.19M | 145,261.74M | 132,507.74M | 208,006.65M | 15,842.23M | 177,416.18M | 224,250.47M | 264,086.10M | 132,141.85M | -9,233.79M | 94,575.32M | 109,904.60M | 107,505.98M | 49,908.25M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 1,780,023.16M | 1,669,566.79M | 2,143,746.46M | 2,089,452.18M | 2,039,477.19M | 2,010,381.89M | 1,970,872.67M | 1,250,843.96M | 1,235,351.45M | 1,136,650.03M | 973,155.21M | 1,076,077.53M | 948,365.92M | 911,881.27M | 786,244.60M | 776,338.93M | 724,098.66M | 733,383.19M | 662,123.23M | 533,898.58M |
| (-) Tax Adjustment | 522,368.28M | 437,085.27M | 597,595.20M | 595,891.87M | 673,089.40M | 589,379.10M | 494,809.66M | 330,323.62M | 313,092.58M | 295,272.24M | 241,798.54M | 263,637.80M | 236,140.19M | 228,746.41M | 275,185.61M | 180,094.21M | 188,090.93M | 180,464.13M | 202,755.75M | 135,338.58M |
| (-) Change In Working Capital | -1,034,170.64M | -641,112.58M | -793,940.06M | -605,110.53M | -787,565.92M | -828,983.51M | -566,961.58M | -307,989.52M | -236,542.70M | -148,493.96M | -232,344.18M | -195,292.14M | -29,120.44M | -41,071.45M | -23,934.50M | -120,767.49M | -72,947.49M | 9,084.65M | -61,266.98M | -51,743.34M |
| (-) Capital Expenditure | -239,616.61M | -249,732.02M | -249,342.13M | -264,627.20M | -285,437.25M | -285,884.12M | -328,247.90M | -393,997.84M | -406,622.03M | -345,578.44M | -341,702.08M | -335,426.68M | -312,488.42M | -272,669.01M | -322,153.80M | -323,702.51M | -252,516.97M | -328,792.08M | -207,653.27M | -234,108.64M |
| Unlevered Free Cash Flow | 2,052,208.90M | 1,623,862.08M | 2,090,749.19M | 1,834,043.65M | 1,868,516.46M | 1,964,102.18M | 1,714,776.69M | 834,512.02M | 752,179.54M | 644,293.31M | 621,998.77M | 672,305.19M | 428,857.75M | 451,537.29M | 212,839.68M | 393,309.70M | 356,438.26M | 215,042.32M | 312,981.19M | 216,194.69M |
| (-) Net Interest Income After Taxes | -46,771.02M | -39,634.72M | -41,035.84M | -34,667.31M | -19,817.14M | -11,923.17M | -14,994.50M | -15,196.02M | -12,371.29M | -8,408.45M | -3,677.12M | -2,201.51M | -6,631.03M | -10,854.81M | -18,621.72M | -18,678.67M | -12,009.50M | -17,921.58M | -16,666.48M | -4,777.87M |
| Net Debt Issuance | 888,948.14M | -28,676.29M | -29,394.25M | 110,550.47M | 271,630.11M | 94,575.69M | -160,510.33M | 113,987.44M | -670.00M | 330,491.00M | 3,861.00M | -77,342.39M | -162,499.30M | -261,594.86M | 19,899.01M | 208,737.71M | 51,971.95M | 25,044.45M | -7,796.64M | -19,731.62M |
| Levered Free Cash Flow | 2,987,928.06M | 1,634,820.51M | 2,102,390.79M | 1,979,261.43M | 2,159,963.71M | 2,070,601.03M | 1,569,260.85M | 963,695.48M | 763,880.83M | 983,192.76M | 629,536.89M | 597,164.31M | 272,989.48M | 200,797.24M | 251,360.41M | 620,726.07M | 420,419.70M | 258,008.35M | 321,851.04M | 201,240.95M |