Page: Company Financials
Hakuyosha Company, Ltd.
$3,085.00
-20.00 (-0.64%)
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 3,145.00 | 2,411.25 | 2,362.00 | 1,473.50 | 2,090.00 | 2,680.75 | 2,889.75 | 3,106.75 | 3,436.50 | 2,540.50 | 2,665.00 | 2,412.50 | 2,280.00 | 2,105.00 | 2,022.50 | 2,525.00 | 2,617.50 |
| Market Capitalization | 11,924.95M | 9,135.61M | 8,926.28M | 5,565.55M | 7,929.49M | 10,162.46M | 10,981.75M | 11,832.30M | 13,100.80M | 9,720.22M | 10,205.90M | 9,240.56M | 8,734.74M | 8,066.14M | 7,751.24M | 9,683.62M | 10,040.84M |
| (-) Cash & Equivalents | 1,563.67M | 1,464.75M | 1,403.25M | 1,314.25M | 1,164.75M | 1,326.25M | 1,076.00M | 1,505.50M | 1,131.25M | 1,477.00M | 1,271.00M | 1,288.50M | 998.75M | 894.75M | 774.50M | 728.25M | 763.75M |
| (+) Total Debt | 9,876.33M | 11,582.75M | 12,786.25M | 13,262.75M | 15,155.75M | 15,929.00M | 14,038.75M | 14,595.50M | 14,086.25M | 14,558.25M | 14,576.50M | 13,959.00M | 13,209.25M | 12,850.50M | 13,535.50M | 12,845.50M | 12,972.75M |
| Enterprise Value | 20,237.62M | 19,253.61M | 20,309.28M | 17,514.05M | 21,920.49M | 24,765.21M | 23,944.50M | 24,922.30M | 26,055.80M | 22,801.47M | 23,511.40M | 21,911.06M | 20,945.24M | 20,021.89M | 20,512.24M | 21,800.87M | 22,249.84M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 44,230M | 43,920M | 43,580M | 43,272M | 39,180M | 35,131M | 39,146M | 50,274M | 50,816M | 50,738M | 48,977M | 47,768M | 46,561M | 45,069M | 44,405M | 42,780M | 44,270M | 45,772M | 48,251M |
| Cost of Revenue | 37,596M | 37,373M | 36,923M | 36,638M | 34,110M | 32,958M | 38,256M | 43,842M | 43,702M | 43,273M | 41,605M | 40,638M | 39,944M | 38,616M | 38,408M | 37,189M | 38,673M | 39,471M | 41,534M |
| Gross Profit | 6,634M | 6,547M | 6,657M | 6,634M | 5,070M | 2,173M | 890M | 6,432M | 7,114M | 7,465M | 7,372M | 7,130M | 6,617M | 6,453M | 5,997M | 5,591M | 5,597M | 6,301M | 6,717M |
| Gross Profit Margin | 15.0% | 14.9% | 15.3% | 15.3% | 12.9% | 6.2% | 2.3% | 12.8% | 14.0% | 14.7% | 15.1% | 14.9% | 14.2% | 14.3% | 13.5% | 13.1% | 12.6% | 13.8% | 13.9% |
| R&D Expenses | 55M | 15M | 55M | 53M | 51M | 50M | 53M | 57M | 53M | 54M | 62M | 64M | 64M | 56M | 45M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 4,467M | 4,582M | 137M | 4,568M | 128M | 447M | 722M | 860M | 824M | 1,283M | 1,291M | 1,231M | 1,279M | 1,272M | 1,284M | 1,243M | 1,149M | 1,228M | 1,241M |
| Operating Expenses | 4,467M | 4,608M | 4,362M | 4,819M | 4,400M | 5,076M | 5,627M | 6,216M | 6,075M | 3,741M | 3,582M | 3,509M | 3,437M | 3,347M | 3,395M | 3,374M | 3,277M | 3,385M | 3,497M |
| Operating Income (EBIT) | 2,167M | 1,939M | 2,295M | 1,815M | 670M | -2,903M | -4,737M | 216M | 1,039M | 3,724M | 3,790M | 3,621M | 3,180M | 3,106M | 2,602M | 2,217M | 2,320M | 2,916M | 3,220M |
| Operating Income Margin | 4.9% | 4.4% | 5.3% | 4.2% | 1.7% | -8.3% | -12.1% | 0.4% | 2.0% | 7.3% | 7.7% | 7.6% | 6.8% | 6.9% | 5.9% | 5.2% | 5.2% | 6.4% | 6.7% |
| Interest Income | 8M | 0M | 0M | 0M | 0M | 0M | 0M | 1M | 0M | 1M | 1M | 0M | 0M | 1M | 1M | 0M | 1M | 1M | 6M |
| Interest Expense | 212M | 199M | 203M | 183M | 187M | 236M | 221M | 208M | 215M | 226M | 258M | 261M | 252M | 241M | 247M | 265M | 287M | 290M | 322M |
| Net Interest Income | -204M | -199M | -203M | -183M | -187M | -236M | -221M | -207M | -215M | -225M | -257M | -261M | -252M | -240M | -246M | -265M | -286M | -289M | -316M |
| Unusual Items | 560M | 710M | 839M | 385M | 1,827M | 2,212M | 1,714M | 210M | 59M | -2,070M | -1,839M | -1,932M | -1,810M | -1,524M | -1,530M | -1,990M | -1,314M | -1,860M | -2,081M |
| EBT Excluding Unusual Items | 1,963M | 1,740M | 2,092M | 1,632M | 483M | -3,139M | -4,958M | 9M | 824M | 3,499M | 3,533M | 3,360M | 2,928M | 2,866M | 2,356M | 1,952M | 2,034M | 2,627M | 2,904M |
| Pre-Tax Income | 2,523M | 2,450M | 2,931M | 2,017M | 2,310M | -927M | -3,244M | 219M | 883M | 1,429M | 1,694M | 1,428M | 1,118M | 1,342M | 826M | -38M | 720M | 767M | 823M |
| Pre-Tax Margin | 5.7% | 5.6% | 6.7% | 4.7% | 5.9% | -2.6% | -8.3% | 0.4% | 1.7% | 2.8% | 3.5% | 3.0% | 2.4% | 3.0% | 1.9% | -0.1% | 1.6% | 1.7% | 1.7% |
| Income Tax Expense | 542M | 151M | 672M | 66M | 698M | 434M | 115M | 283M | 593M | 316M | 681M | 668M | 587M | 673M | 356M | 380M | 452M | 411M | 481M |
| Net Income | 1,942M | 2,281M | 2,215M | 1,945M | 1,688M | -1,250M | -3,160M | -64M | 299M | 1,050M | 1,005M | 735M | 506M | 612M | 424M | -515M | 219M | 318M | 308M |
| Net Income Margin | 4.4% | 5.2% | 5.1% | 4.5% | 4.3% | -3.6% | -8.1% | -0.1% | 0.6% | 2.1% | 2.1% | 1.5% | 1.1% | 1.4% | 1.0% | -1.2% | 0.5% | 0.7% | 0.6% |
| Depreciation & Amortization | 1,210M | 1,307M | 1,207M | 1,284M | 1,396M | 1,557M | 1,736M | 1,629M | 1,484M | 1,460M | 1,319M | 1,216M | 1,065M | 994M | 1,037M | 1,114M | 1,117M | 1,096M | 1,264M |
| EBITDA | 3,377M | 3,246M | 3,502M | 3,099M | 2,066M | -1,346M | -3,001M | 1,845M | 2,523M | 5,184M | 5,109M | 4,837M | 4,245M | 4,100M | 3,639M | 3,331M | 3,437M | 4,012M | 4,484M |
| EBITDA Margin | 7.6% | 7.4% | 8.0% | 7.2% | 5.3% | -3.8% | -7.7% | 3.7% | 5.0% | 10.2% | 10.4% | 10.1% | 9.1% | 9.1% | 8.2% | 7.8% | 7.8% | 8.8% | 9.3% |
| NOPAT | 1,701M | 1,819M | 1,769M | 1,756M | 468M | -2,293M | -3,742M | -63M | 341M | 2,900M | 2,266M | 1,927M | 1,510M | 1,548M | 1,481M | 1,751M | 864M | 1,353M | 1,338M |
| NOPAT Margin | 3.8% | 4.1% | 4.1% | 4.1% | 1.2% | -6.5% | -9.6% | -0.1% | 0.7% | 5.7% | 4.6% | 4.0% | 3.2% | 3.4% | 3.3% | 4.1% | 2.0% | 3.0% | 2.8% |
| Owner's Earnings | 3,152M | 3,588M | 2,662M | 2,600M | 2,641M | -181M | -2,046M | -86M | 121M | 1,319M | 552M | 580M | -757M | -403M | 862M | 115M | 641M | 686M | 220M |
| Owner's Earnings Margin | 7.1% | 8.2% | 6.1% | 6.0% | 6.7% | -0.5% | -5.2% | -0.2% | 0.2% | 2.6% | 1.1% | 1.2% | -1.6% | -0.9% | 1.9% | 0.3% | 1.4% | 1.5% | 0.5% |
| EPS (Basic) | 511.98 | 601.74 | 584.57 | 514.75 | 446.90 | -329.36 | -833.31 | -16.81 | 78.50 | 275.36 | 262.60 | 191.99 | 132.30 | 159.80 | 110.80 | -134.38 | 57.20 | 83.00 | 80.30 |
| EPS (Diluted) | 512.29 | 602.33 | 584.57 | 514.75 | 446.90 | -329.63 | -833.58 | -16.81 | 78.50 | 275.29 | 262.47 | 191.92 | 132.10 | 159.74 | 110.65 | -134.38 | 57.10 | 82.87 | 80.17 |
| Shares (Basic) | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M |
| Shares (Diluted) | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 1,208.00M | 1,456.00M | 1,315.00M | 1,429.00M | 1,106.00M | 1,044.00M | 1,069.00M | 668.00M | 1,089.00M | 983.00M | 1,578.00M | 1,821.00M | 1,148.00M | 933.00M | 825.00M | 852.00M | 556.00M | 657.00M | 1,527.00M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 1,208.00M | 1,456.00M | 1,315.00M | 1,429.00M | 1,106.00M | 1,044.00M | 1,069.00M | 668.00M | 1,089.00M | 983.00M | 1,578.00M | 1,821.00M | 1,148.00M | 933.00M | 825.00M | 852.00M | 556.00M | 657.00M | 1,527.00M |
| Net Receivables | 4,180.00M | 3,938.00M | 4,207.00M | 4,212.00M | 4,141.00M | 3,516.00M | 3,810.00M | 4,892.00M | 4,500.00M | 4,587.00M | 4,367.00M | 4,206.00M | 4,251.00M | 3,891.00M | 3,813.00M | 3,764.00M | 3,805.00M | 3,817.00M | 4,070.00M |
| Inventory | 5,809.00M | 5,678.00M | 5,558.00M | 5,194.00M | 4,143.00M | 4,094.00M | 5,552.00M | 6,740.00M | 6,831.00M | 6,908.00M | 6,787.00M | 4,851.00M | 5,064.00M | 4,622.00M | 4,618.00M | 4,317.00M | 4,596.00M | 4,076.00M | 3,808.00M |
| Other Current Assets | 596.00M | 1,030.00M | 738.00M | 811.00M | 622.00M | 652.00M | 725.00M | 837.00M | 1,249.00M | 1,047.00M | 991.00M | 922.00M | 852.00M | 818.00M | 935.00M | 962.00M | 886.00M | 781.00M | 858.00M |
| Total Current Assets | 11,793.00M | 12,102.00M | 11,818.00M | 11,646.00M | 10,012.00M | 9,306.00M | 11,156.00M | 13,137.00M | 13,669.00M | 13,525.00M | 13,723.00M | 11,800.00M | 11,315.00M | 10,264.00M | 10,191.00M | 9,895.00M | 9,843.00M | 9,331.00M | 10,263.00M |
| Property, Plant & Equipment | 14,587.00M | 14,453.00M | 14,416.00M | 14,374.00M | 14,642.00M | 15,329.00M | 16,513.00M | 17,234.00M | 16,949.00M | 17,125.00M | 16,976.00M | 17,141.00M | 16,493.00M | 14,731.00M | 13,477.00M | 13,622.00M | 14,160.00M | 14,117.00M | 14,219.00M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 77.00M | 180.00M | 307.00M |
| Intangible Assets | 357.00M | 304.00M | 364.00M | 408.00M | 501.00M | 587.00M | 620.00M | 576.00M | 574.00M | 534.00M | 674.00M | 431.00M | 333.00M | 295.00M | 318.00M | 299.00M | 379.00M | 360.00M | 391.00M |
| Long-Term Investments | 2,781.00M | 2,620.00M | 2,544.00M | 2,710.00M | 2,343.00M | 1,995.00M | 2,380.00M | 5,502.00M | 5,340.00M | 3,487.00M | 3,248.00M | 3,446.00M | 2,959.00M | 2,688.00M | 2,565.00M | 2,117.00M | 2,354.00M | 2,432.00M | 2,721.00M |
| Tax Assets | 1,717.00M | 1,708.00M | 1,727.00M | 2,128.00M | 2,011.00M | 2,136.00M | 1,889.00M | 1,662.00M | 1,553.00M | 1,293.00M | 1,243.00M | 1,194.00M | 1,465.00M | 1,194.00M | 1,257.00M | 1,480.00M | 1,662.00M | 1,879.00M | 1,974.00M |
| Other Non-Current Assets | 1,832.00M | 1,839.00M | 1,884.00M | 1,888.00M | 1,860.00M | 2,054.00M | 2,294.00M | 65.00M | 64.00M | 1,785.00M | 1,800.00M | 1,761.00M | 1,779.00M | 1,801.00M | 1,821.00M | 1,889.00M | 1,999.00M | 1,995.00M | 2,041.00M |
| Other Assets | 0.00M | 0.00M | 0.00M | 2.00M | 3.00M | 4.00M | 4.00M | 4.00M | 3.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 21,274.00M | 20,924.00M | 20,935.00M | 21,510.00M | 21,360.00M | 22,105.00M | 23,700.00M | 25,043.00M | 24,483.00M | 24,224.00M | 23,941.00M | 23,973.00M | 23,029.00M | 20,709.00M | 19,438.00M | 19,407.00M | 20,631.00M | 20,963.00M | 21,653.00M |
| Total Assets | 33,067.00M | 33,026.00M | 32,753.00M | 33,156.00M | 31,372.00M | 31,411.00M | 34,856.00M | 38,180.00M | 38,152.00M | 37,749.00M | 37,664.00M | 35,773.00M | 34,344.00M | 30,973.00M | 29,629.00M | 29,302.00M | 30,474.00M | 30,294.00M | 31,916.00M |
| Accounts Payable | 2,561.00M | 2,413.00M | 2,559.00M | 2,992.00M | 2,479.00M | 2,356.00M | 2,683.00M | 3,261.00M | 3,174.00M | 3,138.00M | 3,514.00M | 3,038.00M | 3,017.00M | 2,700.00M | 2,746.00M | 2,517.00M | 2,666.00M | 3,095.00M | 3,073.00M |
| Short-Term Debt | 5,086.00M | 5,286.00M | 4,406.00M | 6,364.00M | 5,907.00M | 5,879.00M | 8,518.00M | 5,049.00M | 5,089.00M | 5,404.00M | 5,157.00M | 7,959.00M | 6,789.00M | 5,462.00M | 5,755.00M | 6,724.00M | 8,306.00M | 5,282.00M | 6,017.00M |
| Tax Payables | 0.00M | 0.00M | 358.00M | 20.00M | 498.00M | 488.00M | 50.00M | 99.00M | 429.00M | 322.00M | 537.00M | 436.00M | 288.00M | 588.00M | 253.00M | 108.00M | 231.00M | 245.00M | 183.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 597.00M | 240.00M | 338.00M | 429.00M | 568.00M | 767.00M | 656.00M | 497.00M | 803.00M | 460.00M | 316.00M | 432.00M | 460.00M | 407.00M |
| Other Current Liabilities | 2,411.00M | 3,073.00M | 2,198.00M | 2,175.00M | 2,193.00M | 1,337.00M | 1,915.00M | 2,299.00M | 2,315.00M | 2,310.00M | 1,903.00M | 2,378.00M | 2,209.00M | 1,851.00M | 1,988.00M | 2,717.00M | 2,829.00M | 2,791.00M | 1,892.00M |
| Total Current Liabilities | 10,058.00M | 10,772.00M | 9,521.00M | 11,551.00M | 11,077.00M | 10,657.00M | 13,406.00M | 11,046.00M | 11,436.00M | 11,742.00M | 11,878.00M | 14,467.00M | 12,800.00M | 11,404.00M | 11,202.00M | 12,382.00M | 14,464.00M | 11,873.00M | 11,572.00M |
| Long-Term Debt | 4,001.00M | 4,116.00M | 5,428.00M | 5,602.00M | 6,104.00M | 7,876.00M | 6,370.00M | 8,100.00M | 7,904.00M | 7,434.00M | 8,128.00M | 5,873.00M | 6,888.00M | 6,519.00M | 6,378.00M | 5,902.00M | 3,886.00M | 6,605.00M | 8,276.00M |
| Capital Lease Obligations | 0.00M | 0.00M | 1,813.00M | 1,690.00M | 1,468.00M | 1,728.00M | 2,279.00M | 2,531.00M | 2,605.00M | 2,915.00M | 3,223.00M | 1,777.00M | 1,944.00M | 1,811.00M | 1,848.00M | 1,674.00M | 1,540.00M | 799.00M | 0.00M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 12.00M | 127.00M | 69.00M | 124.00M | 78.00M | 59.00M | 128.00M | 107.00M | 155.00M | 107.00M | 83.00M | 62.00M | 62.00M | 61.00M | 68.00M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 6,491.00M | 6,411.00M | 5,258.00M | 5,629.00M | 6,341.00M | 6,559.00M | 6,495.00M | 1,577.00M | 1,453.00M | 1,497.00M | 1,581.00M | 1,619.00M | 1,412.00M | 1,304.00M | 1,306.00M | 1,334.00M | 1,378.00M | 5,144.00M | 5,882.00M |
| Total Non-Current Liabilities | 10,492.00M | 10,527.00M | 12,511.00M | 13,048.00M | 13,982.00M | 16,287.00M | 15,222.00M | 12,267.00M | 12,090.00M | 11,953.00M | 13,087.00M | 9,376.00M | 10,327.00M | 9,696.00M | 9,594.00M | 8,971.00M | 6,872.00M | 12,548.00M | 14,158.00M |
| Total Liabilities | 20,550.00M | 21,299.00M | 22,032.00M | 24,599.00M | 25,059.00M | 26,944.00M | 28,628.00M | 23,313.00M | 23,526.00M | 23,695.00M | 24,965.00M | 23,843.00M | 23,127.00M | 21,100.00M | 20,796.00M | 21,353.00M | 21,336.00M | 24,421.00M | 25,730.00M |
| 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 |
| Common Stock | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M | 2,410.00M |
| Retained Earnings | 6,520.00M | 6,063.00M | 5,437.00M | 3,416.00M | 1,568.00M | 107.00M | 1,352.00M | 4,608.00M | 4,810.00M | 4,744.00M | 3,851.00M | 3,079.00M | 2,538.00M | 2,226.00M | 1,808.00M | 1,578.00M | 2,249.00M | 2,224.00M | 2,100.00M |
| Accumulated OCI | 1,429.00M | 1,398.00M | 1,370.00M | 1,281.00M | 885.00M | 496.00M | 810.00M | 1,151.00M | 934.00M | 1,393.00M | 696.00M | 3,671.00M | 83.00M | 458.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 116.00M | 110.00M | 92.00M | 54.00M | 73.00M | 151.00M | 313.00M | 569.00M | 641.00M | 653.00M | 590.00M | 551.00M | 514.00M | 512.00M | 456.00M | 505.00M | 537.00M | 471.00M | 497.00M |
| Total Shareholders’ Equity | 10,359.00M | 9,871.00M | 9,217.00M | 7,107.00M | 4,863.00M | 3,013.00M | 4,572.00M | 8,169.00M | 8,154.00M | 8,547.00M | 6,957.00M | 9,160.00M | 5,031.00M | 5,094.00M | 4,218.00M | 3,988.00M | 4,659.00M | 4,634.00M | 4,510.00M |
| Total Equity | 10,475.00M | 9,981.00M | 9,309.00M | 7,161.00M | 4,936.00M | 3,164.00M | 4,885.00M | 8,738.00M | 8,795.00M | 9,200.00M | 7,547.00M | 9,711.00M | 5,545.00M | 5,606.00M | 4,674.00M | 4,493.00M | 5,196.00M | 5,105.00M | 5,007.00M |
| Total Liabilities & Equity | 31,025.00M | 31,280.00M | 31,341.00M | 31,760.00M | 29,995.00M | 30,108.00M | 33,513.00M | 32,051.00M | 32,321.00M | 32,895.00M | 32,512.00M | 33,554.00M | 28,672.00M | 26,706.00M | 25,470.00M | 25,846.00M | 26,532.00M | 29,526.00M | 30,737.00M |
| Tangible Assets | 32,710.00M | 32,722.00M | 32,389.00M | 32,748.00M | 30,871.00M | 30,824.00M | 34,236.00M | 37,604.00M | 37,578.00M | 37,215.00M | 36,990.00M | 35,342.00M | 34,011.00M | 30,678.00M | 29,311.00M | 29,003.00M | 30,018.00M | 29,754.00M | 31,218.00M |
| Tangible Equity | 10,118.00M | 9,677.00M | 8,945.00M | 6,753.00M | 4,435.00M | 2,577.00M | 4,265.00M | 8,162.00M | 8,221.00M | 8,666.00M | 6,873.00M | 9,280.00M | 5,212.00M | 5,311.00M | 4,356.00M | 4,194.00M | 4,740.00M | 4,565.00M | 4,309.00M |
| Tangible Book Value | 10,118.00M | 9,677.00M | 8,945.00M | 6,753.00M | 4,435.00M | 2,577.00M | 4,265.00M | 8,162.00M | 8,221.00M | 8,666.00M | 6,873.00M | 9,280.00M | 5,212.00M | 5,311.00M | 4,356.00M | 4,194.00M | 4,740.00M | 4,565.00M | 4,309.00M |
| Total Investments | 2,781.00M | 2,620.00M | 2,544.00M | 2,710.00M | 2,343.00M | 1,995.00M | 2,380.00M | 5,502.00M | 5,340.00M | 3,487.00M | 3,248.00M | 3,446.00M | 2,959.00M | 2,688.00M | 2,565.00M | 2,117.00M | 2,354.00M | 2,432.00M | 2,721.00M |
| Net Debt | 7,879.00M | 7,946.00M | 8,519.00M | 10,537.00M | 10,905.00M | 12,711.00M | 13,819.00M | 12,481.00M | 11,904.00M | 11,855.00M | 11,707.00M | 12,011.00M | 12,529.00M | 11,048.00M | 11,308.00M | 11,774.00M | 11,636.00M | 11,230.00M | 12,766.00M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 943.0M | 836.0M | 1,628.0M | -539.0M | -1,624.0M | -1,898.0M | -3,116.0M | 1,180.0M | 1,689.0M | 1,153.0M | 1,481.0M | -2,795.0M | -1,801.0M | -1,242.0M | -1,198.0M | -2,538.0M | -4,494.0M | -2,218.0M | -1,126.0M |
| Total Capital | 20,692.0M | 20,520.0M | 22,098.0M | 21,972.0M | 19,550.0M | 19,707.0M | 22,911.0M | 25,009.0M | 24,963.0M | 25,511.0M | 24,725.0M | 23,092.0M | 21,915.0M | 20,149.0M | 19,460.0M | 19,275.0M | 19,551.0M | 18,545.0M | 19,345.0M |
| Capital Employed | 22,217.0M | 21,760.0M | 22,563.0M | 20,969.0M | 19,733.0M | 20,207.0M | 20,584.0M | 26,223.0M | 26,172.0M | 25,377.0M | 25,422.0M | 21,178.0M | 21,228.0M | 19,467.0M | 18,240.0M | 16,869.0M | 16,137.0M | 18,745.0M | 20,527.0M |
| Invested Capital | 19,484.0M | 19,064.0M | 20,783.0M | 20,543.0M | 18,444.0M | 18,663.0M | 21,842.0M | 24,341.0M | 23,874.0M | 24,528.0M | 23,147.0M | 21,271.0M | 20,767.0M | 19,216.0M | 18,635.0M | 18,423.0M | 18,995.0M | 17,888.0M | 17,818.0M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2,034.00M | 2,375.00M | 2,216.00M | 1,945.00M | 2,310.00M | -927.00M | -3,244.00M | 219.00M | 883.00M | 1,429.00M | 1,694.00M | 1,428.00M | 1,118.00M | 1,342.00M | 826.00M | -38.00M | 720.00M | 767.00M | 823.00M |
| Depreciation & Amortization | 0.00M | 691.00M | 1,207.00M | 1,284.00M | 1,396.00M | 1,557.00M | 1,736.00M | 1,629.00M | 1,484.00M | 1,460.00M | 1,319.00M | 1,216.00M | 1,065.00M | 994.00M | 1,037.00M | 1,114.00M | 1,117.00M | 1,096.00M | 1,264.00M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 0.00M | 0.00M | -616.00M | -971.00M | -416.00M | 1,406.00M | 1,810.00M | 43.00M | 406.00M | -214.00M | -177.00M | 355.00M | -104.00M | -19.00M | 151.00M | 247.00M | -122.00M | 391.00M | -121.00M |
| Accounts Receivable | 0.00M | 0.00M | 7.00M | -63.00M | -806.00M | 51.00M | 1,068.00M | -411.00M | 92.00M | -205.00M | -59.00M | 64.00M | -343.00M | -57.00M | -45.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 0.00M | 0.00M | -170.00M | -591.00M | 91.00M | 1,297.00M | 1,372.00M | 252.00M | 219.00M | 62.00M | -185.00M | 229.00M | -373.00M | 83.00M | -53.00M | 334.00M | 194.00M | 225.00M | 54.00M |
| Accounts Payable | 0.00M | 0.00M | -431.00M | 509.00M | 91.00M | -218.00M | -576.00M | 89.00M | 34.00M | -380.00M | 430.00M | 14.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | 0.00M | 0.00M | -22.00M | -826.00M | 208.00M | 276.00M | -54.00M | 113.00M | 187.00M | -276.00M | 8.00M | 126.00M | 269.00M | -102.00M | 204.00M | -87.00M | -316.00M | 166.00M | -175.00M |
| Other Non-Cash Items | -2,034.00M | -1,684.00M | 115.00M | -692.00M | -1,977.00M | -2,065.00M | -1,609.00M | -11.00M | -482.00M | -562.00M | -697.00M | -423.00M | -641.00M | -286.00M | -362.00M | -752.00M | -1,154.00M | -632.00M | -810.00M |
| Net Cash from Operating Activities | 0.00M | 1,382.00M | 2,922.00M | 1,566.00M | 1,313.00M | -29.00M | -1,307.00M | 1,880.00M | 2,291.00M | 2,113.00M | 2,139.00M | 2,576.00M | 1,438.00M | 2,031.00M | 1,652.00M | 571.00M | 561.00M | 1,622.00M | 1,156.00M |
| Capital Expenditures (PPE) | 0.00M | 0.00M | -760.00M | -586.00M | -443.00M | -488.00M | -622.00M | -1,651.00M | -1,662.00M | -1,191.00M | -1,772.00M | -1,371.00M | -2,328.00M | -2,009.00M | -599.00M | -484.00M | -695.00M | -728.00M | -1,352.00M |
| Acquisitions (Net) | 0.00M | 0.00M | 0.00M | 0.00M | 1,117.00M | 63.00M | 968.00M | 221.00M | 197.00M | 1.00M | 692.00M | -102.00M | -14.00M | -64.00M | -56.00M | -70.00M | -5.00M | -22.00M | -21.00M |
| Purchases of Investments | 0.00M | 0.00M | -1.00M | -3.00M | -4.00M | -5.00M | -5.00M | -5.00M | -5.00M | -5.00M | -5.00M | -5.00M | -5.00M | -26.00M | -5.00M | -10.00M | -5.00M | -5.00M | -4.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 696.00M | 9.00M | 44.00M | 397.00M | 369.00M | -221.00M | 189.00M | 0.00M | 161.00M | 69.00M | 150.00M | 959.00M | 20.00M | 187.00M | 99.00M | 2.00M | 9.00M |
| Other Investing Activities | 0.00M | 0.00M | -24.00M | -17.00M | 101.00M | 1,794.00M | 222.00M | 252.00M | -59.00M | -28.00M | 328.00M | 104.00M | 56.00M | 69.00M | 72.00M | 147.00M | 151.00M | 57.00M | 438.00M |
| Net Cash from Investing Activities | 0.00M | 0.00M | -89.00M | -597.00M | 815.00M | 1,761.00M | 932.00M | -1,404.00M | -1,340.00M | -1,224.00M | -596.00M | -1,305.00M | -2,141.00M | -1,071.00M | -568.00M | -230.00M | -455.00M | -696.00M | -930.00M |
| Net Debt Issuance | 0.00M | 0.00M | -2,131.00M | -44.00M | -2,118.00M | -996.00M | 1,746.00M | -26.00M | 154.00M | -474.00M | -1,519.00M | 87.00M | 1,644.00M | -188.00M | -912.00M | 235.00M | -84.00M | -1,585.00M | 132.00M |
| Long-Term Debt Issuance | 0.00M | 0.00M | -561.00M | -807.00M | -1,321.00M | -386.00M | 353.00M | -26.00M | 888.00M | -493.00M | 167.00M | 1,270.00M | 536.00M | 216.00M | -380.00M | 609.00M | -742.00M | -2,001.00M | 174.00M |
| Short-Term Debt Issuance | 0.00M | 0.00M | -1,570.00M | 763.00M | -797.00M | -610.00M | 1,393.00M | 197.00M | -734.00M | 19.00M | -1,111.00M | -1,183.00M | 1,108.00M | -407.00M | -118.00M | -38.00M | 884.00M | 459.00M | -42.00M |
| Net Stock Issuance | 0.00M | 0.00M | -30.00M | 0.00M | 0.00M | -38.00M | 0.00M | -58.00M | -1.00M | -61.00M | 0.00M | -33.00M | 0.00M | -1.00M | 0.00M | -1.00M | -41.00M | -5.00M | -90.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 31.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | -30.00M | 0.00M | 0.00M | -38.00M | 0.00M | -58.00M | -1.00M | -61.00M | 0.00M | -33.00M | 0.00M | -1.00M | 0.00M | -1.00M | -41.00M | -5.00M | -90.00M |
| 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 | -31.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | 0.00M | 0.00M | -194.00M | -97.00M | 0.00M | 0.00M | -97.00M | -194.00M | -233.00M | -233.00M | -233.00M | -194.00M | -194.00M | -194.00M | -194.00M | -155.00M | -194.00M | -194.00M | -194.00M |
| Common Dividends Paid | 0.00M | 0.00M | -194.00M | -97.00M | 0.00M | 0.00M | -97.00M | -194.00M | -233.00M | -233.00M | -233.00M | -194.00M | -194.00M | -194.00M | -194.00M | -155.00M | -194.00M | -194.00M | -194.00M |
| 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 |
| Other Financing Activities | 0.00M | 0.00M | -520.00M | -516.00M | -1.00M | -737.00M | -869.00M | -608.00M | -764.00M | -735.00M | -6.00M | -482.00M | -549.00M | -496.00M | -1.00M | -2.00M | -4.00M | -3.00M | -3.00M |
| Net Cash from Financing Activities | 0.00M | 0.00M | -2,875.00M | -657.00M | -2,119.00M | -1,771.00M | 780.00M | -886.00M | -844.00M | -1,503.00M | -1,758.00M | -622.00M | 901.00M | -879.00M | -1,107.00M | 77.00M | -323.00M | -1,787.00M | -155.00M |
| Effect of FX on Cash | 0.00M | 0.00M | -73.00M | 12.00M | 52.00M | 18.00M | -4.00M | -7.00M | -1.00M | 21.00M | -28.00M | 22.00M | 26.00M | 31.00M | 1.00M | -5.00M | 2.00M | 0.00M | 6.00M |
| Net Change in Cash | 0.00M | -257.00M | -114.00M | 323.00M | 62.00M | -21.00M | 402.00M | -418.00M | 106.00M | -595.00M | -244.00M | 671.00M | 226.00M | 112.00M | -22.00M | 413.00M | -216.00M | -861.00M | 78.00M |
| Cash at Beginning of Period | 0.00M | 2,908.00M | 1,429.00M | 1,106.00M | 1,044.00M | 1,065.00M | 663.00M | 1,081.00M | 975.00M | 1,570.00M | 1,814.00M | 1,143.00M | 917.00M | 805.00M | 827.00M | 414.00M | 630.00M | 1,491.00M | 1,413.00M |
| Cash at End of Period | 0.00M | 2,651.00M | 1,315.00M | 1,429.00M | 1,106.00M | 1,044.00M | 1,065.00M | 663.00M | 1,081.00M | 975.00M | 1,570.00M | 1,814.00M | 1,143.00M | 917.00M | 805.00M | 827.00M | 414.00M | 630.00M | 1,491.00M |
| Operating Cash Flow | 0.00M | 1,382.00M | 2,922.00M | 1,566.00M | 1,313.00M | -29.00M | -1,307.00M | 1,880.00M | 2,291.00M | 2,113.00M | 2,139.00M | 2,576.00M | 1,438.00M | 2,031.00M | 1,652.00M | 571.00M | 561.00M | 1,622.00M | 1,156.00M |
| Capital Expenditure | 0.00M | 0.00M | -760.00M | -629.00M | -443.00M | -488.00M | -622.00M | -1,651.00M | -1,662.00M | -1,191.00M | -1,772.00M | -1,371.00M | -2,328.00M | -2,009.00M | -599.00M | -484.00M | -695.00M | -728.00M | -1,352.00M |
| Free Cash Flow | 0.00M | 1,382.00M | 2,162.00M | 937.00M | 870.00M | -517.00M | -1,929.00M | 229.00M | 629.00M | 922.00M | 367.00M | 1,205.00M | -890.00M | 22.00M | 1,053.00M | 87.00M | -134.00M | 894.00M | -196.00M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 3,430.00M | 3,264.00M | 7,672.00M | 3,297.00M | 6,287.00M | 3,233.00M | 1,851.00M | 7,144.00M | 7,721.00M | 7,588.00M | 7,338.00M | 7,051.00M | 6,339.00M | 6,119.00M | 5,705.00M | 5,462.00M | 5,565.00M | 6,169.00M | 6,740.00M |
| (-) Tax Adjustment | 708.75M | 202.08M | 1,758.98M | 107.88M | 1,899.71M | 0.00M | 0.00M | 2,500.40M | 2,702.35M | 1,677.96M | 2,568.30M | 2,467.85M | 2,218.65M | 2,141.65M | 1,996.75M | 0.00M | 1,947.75M | 2,159.15M | 2,359.00M |
| (-) Change In Working Capital | 0.00M | 0.00M | -616.00M | -971.00M | -416.00M | 1,406.00M | 1,810.00M | 43.00M | 406.00M | -214.00M | -177.00M | 355.00M | -104.00M | -19.00M | 151.00M | 247.00M | -122.00M | 391.00M | -121.00M |
| (-) Capital Expenditure | 0.00M | 0.00M | -760.00M | -629.00M | -443.00M | -488.00M | -622.00M | -1,651.00M | -1,662.00M | -1,191.00M | -1,772.00M | -1,371.00M | -2,328.00M | -2,009.00M | -599.00M | -484.00M | -695.00M | -728.00M | -1,352.00M |
| Unlevered Free Cash Flow | 2,721.25M | 3,061.92M | 5,769.02M | 3,531.12M | 4,360.29M | 1,339.00M | -581.00M | 2,949.60M | 2,950.65M | 4,933.04M | 3,174.70M | 2,857.15M | 1,896.35M | 1,987.35M | 2,958.25M | 4,731.00M | 3,044.25M | 2,890.85M | 3,150.00M |
| (-) Net Interest Income After Taxes | -159.47M | -182.93M | -156.46M | -177.01M | -130.50M | -236.00M | -221.00M | -134.55M | -139.75M | -175.24M | -167.05M | -169.65M | -163.80M | -156.00M | -159.90M | -265.00M | -185.90M | -187.85M | -205.40M |
| Net Debt Issuance | 0.00M | 0.00M | -2,131.00M | -44.00M | -2,118.00M | -996.00M | 1,746.00M | -26.00M | 154.00M | -474.00M | -1,519.00M | 87.00M | 1,644.00M | -188.00M | -912.00M | 235.00M | -84.00M | -1,585.00M | 132.00M |
| Levered Free Cash Flow | 2,880.71M | 3,244.85M | 3,794.47M | 3,664.13M | 2,372.79M | 579.00M | 1,386.00M | 3,058.15M | 3,244.40M | 4,634.28M | 1,822.75M | 3,113.80M | 3,704.15M | 1,955.35M | 2,206.15M | 5,231.00M | 3,146.15M | 1,493.70M | 3,487.40M |