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Page: Company Financials

Step Co.,Ltd.

Ticker: 9795.T | Industry: Education & Training Services | Sector: Consumer Defensive
$2,493.00 -18.00 (-0.72%)
As of: 2026-01-28

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 2,347.33 2,020.50 1,824.50 1,756.50 1,748.25 1,535.00 1,495.00 1,537.75 1,558.50 1,136.75 1,019.75 803.25 817.50 592.00 491.25 465.25 460.00
Market Capitalization 36,968.95M 32,035.02M 30,026.38M 29,030.24M 28,856.10M 25,336.99M 24,635.03M 25,415.39M 25,821.80M 18,858.80M 16,997.57M 13,388.87M 13,536.14M 9,380.60M 7,240.22M 6,929.06M 6,862.94M
(-) Cash & Equivalents 8,773.80M 9,403.59M 9,489.04M 8,956.99M 8,373.63M 7,122.44M 4,871.67M 4,211.90M 3,337.22M 3,057.04M 2,678.10M 2,009.20M 1,858.76M 1,654.29M 993.72M 1,028.46M 747.45M
(+) Total Debt 186.53M 262.03M 312.33M 524.73M 1,934.81M 2,775.06M 1,151.91M 1,032.46M 1,227.05M 1,461.67M 1,384.19M 1,174.47M 1,489.33M 2,369.57M 3,011.31M 2,757.63M 1,559.12M
Enterprise Value 28,381.68M 22,893.46M 20,849.68M 20,597.98M 22,417.29M 20,989.61M 20,915.28M 22,235.94M 23,711.63M 17,263.42M 15,703.66M 12,554.13M 13,166.71M 10,095.88M 9,257.82M 8,658.22M 7,674.60M

Income Statement

Metric TTM TTM-1 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30 2017-09-30 2016-09-30 2015-09-30 2014-09-30 2013-09-30 2012-09-30 2011-09-30 2010-09-30 2009-09-30 2008-09-30
Revenue 15,847M 15,099M 15,847M 15,099M 14,442M 13,653M 13,036M 10,928M 11,593M 11,034M 10,565M 10,176M 9,607M 9,104M 8,805M 8,245M 7,668M 7,379M 7,132M 6,787M
Cost of Revenue 11,145M 10,735M 11,159M 10,735M 10,442M 9,218M 8,771M 8,248M 8,162M 7,639M 7,290M 7,062M 6,660M 6,291M 6,024M 5,738M 5,311M 5,117M 4,968M 4,719M
Gross Profit 4,701M 4,364M 4,688M 4,364M 4,000M 4,436M 4,265M 2,680M 3,431M 3,395M 3,274M 3,114M 2,947M 2,814M 2,781M 2,507M 2,357M 2,262M 2,164M 2,067M
Gross Profit Margin 29.7% 28.9% 29.6% 28.9% 27.7% 32.5% 32.7% 24.5% 29.6% 30.8% 31.0% 30.6% 30.7% 30.9% 31.6% 30.4% 30.7% 30.6% 30.3% 30.5%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 798M 721M 750M 213M 175M 199M 198M 229M 219M 235M 327M 358M 363M 354M 346M 329M 355M 356M 304M 310M
Operating Expenses 764M 721M 907M 874M 807M 779M 756M 750M 741M 715M 623M 600M 572M 561M 609M 510M 537M 552M 593M 588M
Operating Income (EBIT) 3,938M 3,643M 3,780M 3,491M 3,192M 3,656M 3,509M 1,930M 2,689M 2,681M 2,651M 2,513M 2,375M 2,253M 2,172M 1,996M 1,820M 1,709M 1,571M 1,480M
Operating Income Margin 24.8% 24.1% 23.9% 23.1% 22.1% 26.8% 26.9% 17.7% 23.2% 24.3% 25.1% 24.7% 24.7% 24.7% 24.7% 24.2% 23.7% 23.2% 22.0% 21.8%
Interest Income 23M 0M 23M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 1M 1M 2M
Interest Expense 1M 0M 1M 0M 1M 1M 3M 2M 2M 2M 3M 4M 6M 10M 19M 30M 36M 37M 23M 23M
Net Interest Income 22M 0M 22M 0M -1M -1M -3M -2M -2M -2M -3M -4M -5M -9M -19M -29M -36M -36M -22M -21M
Unusual Items -94M -86M 63M 67M 69M 73M 87M 41M 47M 46M -65M -60M -75M -60M -80M -26M -140M -106M -23M -46M
EBT Excluding Unusual Items 3,960M 3,643M 3,803M 3,491M 3,192M 3,655M 3,506M 1,928M 2,688M 2,679M 2,648M 2,509M 2,370M 2,244M 2,153M 1,967M 1,784M 1,673M 1,549M 1,459M
Pre-Tax Income 3,866M 3,557M 3,866M 3,557M 3,261M 3,729M 3,593M 1,969M 2,735M 2,725M 2,583M 2,450M 2,295M 2,184M 2,073M 1,941M 1,644M 1,568M 1,526M 1,413M
Pre-Tax Margin 24.4% 23.6% 24.4% 23.6% 22.6% 27.3% 27.6% 18.0% 23.6% 24.7% 24.5% 24.1% 23.9% 24.0% 23.5% 23.5% 21.4% 21.2% 21.4% 20.8%
Income Tax Expense 1,176M 1,049M 1,176M 1,049M 856M 1,166M 1,122M 625M 792M 863M 750M 781M 807M 828M 804M 828M 685M 655M 635M 589M
Net Income 2,690M 2,509M 2,690M 2,509M 2,405M 2,563M 2,471M 1,343M 1,943M 1,862M 1,833M 1,669M 1,488M 1,356M 1,269M 1,113M 959M 912M 891M 825M
Net Income Margin 17.0% 16.6% 17.0% 16.6% 16.7% 18.8% 19.0% 12.3% 16.8% 16.9% 17.4% 16.4% 15.5% 14.9% 14.4% 13.5% 12.5% 12.4% 12.5% 12.2%
Depreciation & Amortization 521M 528M 518M 528M 457M 433M 428M 395M 369M 381M 431M 425M 400M 399M 379M 359M 359M 285M 208M 209M
EBITDA 4,459M 4,171M 4,298M 4,019M 3,649M 4,090M 3,937M 2,325M 3,059M 3,062M 3,082M 2,938M 2,775M 2,652M 2,551M 2,356M 2,179M 1,994M 1,779M 1,689M
EBITDA Margin 28.1% 27.6% 27.1% 26.6% 25.3% 30.0% 30.2% 21.3% 26.4% 27.8% 29.2% 28.9% 28.9% 29.1% 29.0% 28.6% 28.4% 27.0% 24.9% 24.9%
NOPAT 2,740M 2,569M 2,630M 2,462M 2,354M 2,513M 2,413M 1,317M 1,911M 1,832M 1,881M 1,712M 1,540M 1,399M 1,329M 1,145M 1,062M 995M 917M 864M
NOPAT Margin 17.3% 17.0% 16.6% 16.3% 16.3% 18.4% 18.5% 12.0% 16.5% 16.6% 17.8% 16.8% 16.0% 15.4% 15.1% 13.9% 13.8% 13.5% 12.9% 12.7%
Owner's Earnings 3,210M 3,036M 2,934M 2,788M 2,390M 2,642M 2,589M 1,206M 1,249M 1,601M 1,154M 755M 879M 714M 480M 1,122M -26M -305M -443M -728M
Owner's Earnings Margin 20.3% 20.1% 18.5% 18.5% 16.5% 19.4% 19.9% 11.0% 10.8% 14.5% 10.9% 7.4% 9.1% 7.8% 5.5% 13.6% -0.3% -4.1% -6.2% -10.7%
EPS (Basic) 170.18 155.21 170.35 155.59 145.71 155.27 149.71 81.38 117.92 112.40 110.65 100.39 89.25 81.34 76.71 75.51 64.98 61.15 59.71 55.28
EPS (Diluted) 170.38 157.21 170.35 157.90 145.71 155.27 149.71 81.38 117.92 112.40 110.65 100.39 89.25 81.34 76.71 75.51 64.98 61.15 59.71 55.28
Shares (Basic) 16M 16M 16M 16M 17M 17M 17M 17M 16M 17M 17M 17M 17M 17M 17M 15M 15M 15M 15M 15M
Shares (Diluted) 16M 16M 16M 16M 17M 17M 17M 17M 16M 17M 17M 17M 17M 17M 17M 15M 15M 15M 15M 15M

Balance Sheet

Metric MRQ MRQ-1 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30 2017-09-30 2016-09-30 2015-09-30 2014-09-30 2013-09-30 2012-09-30 2011-09-30 2010-09-30 2009-09-30 2008-09-30
Cash & Cash Equivalents 7,844.34M 8,686.54M 7,844.34M 9,410.46M 9,463.40M 9,092.20M 8,386.06M 7,877.60M 4,838.81M 4,196.97M 3,668.75M 3,107.65M 3,136.44M 2,562.53M 1,813.79M 1,545.01M 927.73M 1,433.15M 883.06M 1,160.24M
Short-Term Investments 0.00M 0.00M 0.00M 263.83M 262.53M 261.86M 260.45M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 55.24M 34.64M 37.82M 142.57M 147.96M
Cash & Short-Term Investments 7,844.34M 8,686.54M 7,844.34M 9,674.29M 9,725.94M 9,354.06M 8,646.50M 7,877.60M 4,838.81M 4,196.97M 3,668.75M 3,107.65M 3,136.44M 2,562.53M 1,813.79M 1,600.26M 962.38M 1,470.97M 1,025.63M 1,308.20M
Net Receivables 95.05M 205.19M 95.05M 94.96M 82.70M 68.62M 68.49M 66.70M 66.71M 65.63M 46.56M 52.72M 60.40M 48.41M 59.20M 56.92M 42.46M 42.38M 42.13M 36.75M
Inventory 37.66M 54.75M 37.66M 36.70M 37.76M 35.30M 22.24M 26.50M 35.07M 26.55M 23.53M 32.05M 22.93M 27.53M 22.54M 16.47M 19.57M 17.81M 22.26M 18.48M
Other Current Assets 288.97M 603.07M 288.97M 151.36M 74.87M 57.92M 57.85M 81.09M 32.85M 20.65M 73.01M 77.13M 74.63M 73.91M 76.58M 81.69M 110.42M 112.30M 86.37M 76.93M
Total Current Assets 8,266.01M 9,549.55M 8,266.01M 9,957.31M 9,921.26M 9,515.90M 8,795.08M 8,051.88M 4,973.44M 4,309.80M 3,811.86M 3,269.55M 3,294.39M 2,712.37M 1,972.10M 1,755.34M 1,134.82M 1,643.46M 1,176.39M 1,440.35M
Property, Plant & Equipment 15,992.78M 15,842.01M 15,992.78M 16,029.12M 16,270.91M 16,848.16M 16,909.33M 16,989.33M 16,937.65M 16,278.00M 16,088.37M 15,443.00M 14,479.38M 13,857.14M 13,304.53M 12,491.71M 12,589.58M 11,578.41M 10,400.70M 9,073.86M
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 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 124.93M 0.00M 118.70M 67.02M 33.12M 43.53M 39.98M 31.44M 25.34M 20.31M 22.84M 28.05M 32.73M 18.62M 22.71M 27.08M 27.84M 32.73M 48.12M
Long-Term Investments 4,703.26M 0.00M 4,703.26M 1,766.36M 1,165.35M 16.94M 19.14M 567.68M 589.71M 515.48M 34.36M 33.16M 45.26M 40.41M 40.65M -42.76M -21.65M -24.20M -128.90M -132.38M
Tax Assets 277.07M 0.00M 277.07M 279.70M 255.64M 223.72M 256.81M 222.69M 227.53M 148.62M 155.46M 145.16M 137.86M 143.54M 133.41M 139.71M 132.49M 100.07M 103.34M 112.65M
Other Non-Current Assets 886.07M 3,420.37M 886.07M 809.61M 717.18M 726.39M 593.26M 1.88M 2.03M 2.98M 482.78M 459.26M 440.12M 417.53M 416.34M 495.55M 460.85M 491.01M 619.09M 638.12M
Other Assets 0.00M 0.00M 0.00M 0.01M 0.01M 0.00M 0.00M 0.00M 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 21,859.18M 19,387.31M 21,859.18M 19,003.50M 18,476.11M 17,848.34M 17,822.08M 17,821.56M 17,788.37M 16,970.42M 16,781.28M 16,103.42M 15,130.68M 14,491.34M 13,913.55M 13,106.93M 13,188.35M 12,173.12M 11,026.95M 9,740.37M
Total Assets 30,125.19M 28,936.86M 30,125.19M 28,960.80M 28,397.37M 27,364.24M 26,617.16M 25,873.45M 22,761.80M 21,280.22M 20,593.13M 19,372.97M 18,425.07M 17,203.71M 15,885.65M 14,862.27M 14,323.18M 13,816.58M 12,203.34M 11,180.72M
Accounts Payable 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 94.62M 120.85M 86.22M 64.02M 72.87M 113.52M 88.75M 77.74M 104.83M 0.00M
Short-Term Debt 88.30M 104.58M 88.30M 136.44M 104.70M 116.55M 1,506.99M 1,871.87M 455.76M 424.34M 651.29M 600.25M 588.55M 631.73M 762.65M 897.70M 1,006.85M 883.50M 722.05M 686.97M
Tax Payables 0.00M 0.00M 0.00M 975.17M 586.96M 879.36M 1,280.57M 534.52M 555.89M 685.44M 592.79M 518.52M 655.25M 654.35M 465.25M 599.20M 451.03M 360.82M 413.04M 408.03M
Deferred Revenue 3.26M 0.00M 3.26M 0.00M 3.48M 3.21M 3.48M 3.32M 3.19M 3.59M 934.54M 802.99M 918.31M 909.56M 712.85M 861.07M 656.45M 551.92M 0.00M 0.00M
Other Current Liabilities 1,458.04M 775.49M 1,458.04M 1,410.40M 1,402.04M 1,184.19M 896.33M 775.49M 627.36M 676.55M 676.45M 537.92M 615.56M 558.20M 469.76M 593.95M 371.35M 328.95M 418.11M 282.95M
Total Current Liabilities 1,549.59M 880.07M 1,549.59M 2,522.00M 2,097.18M 2,183.32M 3,687.36M 3,185.19M 1,642.20M 1,789.91M 2,949.69M 2,580.52M 2,863.89M 2,817.85M 2,483.37M 3,065.44M 2,574.43M 2,202.92M 1,658.02M 1,377.95M
Long-Term Debt 33.33M 51.04M 33.33M 104.16M 140.60M 245.30M 11.85M 1,518.84M 542.87M 219.11M 643.44M 924.74M 1,051.03M 909.58M 562.26M 1,291.57M 1,758.27M 2,068.93M 1,209.65M 928.92M
Capital Lease Obligations 0.00M 42.45M 0.00M 54.93M 66.57M 47.18M 59.70M 34.36M 49.49M 60.48M 50.49M 64.44M 44.91M 39.82M 48.67M 39.48M 31.10M 30.82M 8.20M 8.30M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 61.04M 51.78M 42.29M 0.00M 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 Non-Current Liabilities 724.53M 520.49M 724.53M 507.37M 495.86M 458.32M 420.60M 381.32M 369.15M 349.77M 336.95M 330.38M 302.03M 297.93M 288.57M 369.12M 363.24M 236.22M 236.11M 247.12M
Total Non-Current Liabilities 757.85M 613.97M 757.85M 666.47M 764.07M 802.58M 534.44M 1,934.52M 961.51M 629.36M 1,030.89M 1,319.56M 1,397.96M 1,247.33M 899.50M 1,700.18M 2,152.60M 2,335.98M 1,453.96M 1,184.33M
Total Liabilities 2,307.45M 1,494.04M 2,307.45M 3,188.47M 2,861.25M 2,985.89M 4,221.80M 5,119.71M 2,603.71M 2,419.27M 3,980.57M 3,900.08M 4,261.85M 4,065.18M 3,382.86M 4,765.62M 4,727.03M 4,538.89M 3,111.98M 2,562.29M
Preferred Stock 0.00M 0.00M 0.00M 700.45M 0.00M 0.00M 0.00M 1.48M 0.26M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,778.33M 1,329.05M 1,329.05M 1,329.05M 0.00M 0.00M
Retained Earnings 24,937.24M 24,472.25M 24,937.24M 23,652.91M 22,526.42M 20,901.51M 18,993.66M 17,319.88M 16,620.41M 15,271.37M 14,086.85M 12,767.16M 11,564.85M 10,477.17M 9,521.39M 8,696.09M 7,877.98M 7,320.16M 6,563.73M 5,911.58M
Accumulated OCI 151.36M 10.35M 151.36M 7.33M 5.03M 1.10M 236.19M -1.48M -0.26M 238.31M 237.91M 234.78M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 26,866.92M 26,260.94M 26,866.92M 26,139.01M 24,309.78M 22,680.94M 21,008.18M 19,098.21M 18,398.74M 17,288.02M 16,103.09M 14,780.26M 13,343.18M 12,255.50M 11,299.72M 10,025.14M 9,207.03M 8,649.21M 6,563.73M 5,911.58M
Total Equity 26,866.92M 26,260.94M 26,866.92M 26,139.01M 24,309.78M 22,680.94M 21,008.18M 19,098.21M 18,398.74M 17,288.02M 16,103.09M 14,780.26M 13,343.18M 12,255.50M 11,299.72M 10,025.14M 9,207.03M 8,649.21M 6,563.73M 5,911.58M
Total Liabilities & Equity 29,174.37M 27,754.98M 29,174.37M 29,327.48M 27,171.02M 25,666.84M 25,229.98M 24,217.92M 21,002.45M 19,707.29M 20,083.66M 18,680.34M 17,605.03M 16,320.68M 14,682.59M 14,790.75M 13,934.05M 13,188.10M 9,675.70M 8,473.87M
Tangible Assets 30,125.19M 28,811.93M 30,125.19M 28,842.10M 28,330.35M 27,331.11M 26,573.62M 25,833.46M 22,730.36M 21,254.88M 20,572.82M 19,350.13M 18,397.02M 17,170.98M 15,867.03M 14,839.55M 14,296.09M 13,788.74M 12,170.61M 11,132.60M
Tangible Equity 26,866.92M 26,136.00M 26,866.92M 26,020.31M 24,242.76M 22,647.82M 20,964.65M 19,058.22M 18,367.30M 17,262.68M 16,082.78M 14,757.42M 13,315.13M 12,222.77M 11,281.10M 10,002.42M 9,179.94M 8,621.37M 6,531.00M 5,863.46M
Tangible Book Value 26,866.92M 26,136.00M 26,866.92M 26,020.31M 24,242.76M 22,647.82M 20,964.65M 19,058.22M 18,367.30M 17,262.68M 16,082.78M 14,757.42M 13,315.13M 12,222.77M 11,281.10M 10,002.42M 9,179.94M 8,621.37M 6,531.00M 5,863.46M
Total Investments 4,703.26M 0.00M 4,703.26M 2,030.19M 1,427.88M 278.80M 279.58M 567.68M 589.71M 515.48M 34.36M 33.16M 45.26M 40.41M 40.65M 12.48M 13.00M 13.62M 13.67M 15.58M
Net Debt -7,722.71M -8,530.93M -7,722.71M -9,169.86M -9,218.10M -8,730.35M -6,867.22M -4,486.89M -3,840.18M -3,553.52M -2,374.02M -1,582.66M -1,496.86M -1,021.22M -488.89M 644.26M 1,837.39M 1,519.28M 1,048.64M 455.64M

Capital Metrics

Metric MRQ MRQ-1 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30 2017-09-30 2016-09-30 2015-09-30 2014-09-30 2013-09-30 2012-09-30 2011-09-30 2010-09-30 2009-09-30 2008-09-30
Working Capital 6,218.7M 7,806.2M 6,218.7M 7,880.9M 8,144.4M 7,683.3M 5,526.9M 5,157.3M 3,518.4M 2,760.8M 2,069.6M 1,713.3M 1,673.7M 1,072.7M 346.7M -168.5M -615.4M 106.6M -279.2M 83.5M
Total Capital 27,564.9M 26,777.6M 27,564.9M 26,532.3M 26,247.9M 25,207.6M 24,452.7M 24,485.6M 21,410.4M 19,822.1M 19,180.7M 18,102.1M 17,105.8M 15,911.8M 14,747.5M 13,476.1M 13,226.1M 12,934.7M 11,235.9M 10,265.5M
Capital Employed 28,201.1M 27,193.5M 28,201.1M 26,884.4M 26,620.5M 25,531.6M 23,348.9M 22,978.8M 21,306.8M 19,731.2M 18,850.9M 17,816.7M 16,804.4M 15,564.1M 14,260.3M 12,938.5M 12,573.0M 12,279.7M 10,747.8M 9,823.8M
Invested Capital 19,720.5M 18,091.0M 19,720.5M 17,121.9M 16,784.5M 16,115.4M 16,066.7M 16,608.0M 16,571.6M 15,625.2M 15,512.0M 14,994.4M 13,969.4M 13,349.3M 12,933.7M 11,931.0M 12,298.4M 11,501.5M 10,352.9M 9,105.2M

Cash Flow Statement

Metric TTM TTM-1 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30 2017-09-30 2016-09-30 2015-09-30 2014-09-30 2013-09-30 2012-09-30 2011-09-30 2010-09-30 2009-09-30 2008-09-30
Net Income 2,592.78M 2,683.32M 2,689.68M 2,508.60M 3,261.27M 3,728.59M 3,593.10M 1,968.59M 2,735.15M 2,725.20M 2,583.31M 2,449.85M 2,294.80M 2,183.61M 2,073.12M 1,940.86M 1,643.76M 1,567.70M 1,525.75M 1,413.30M
Depreciation & Amortization 0.00M 253.73M 518.34M 468.06M 513.34M 491.33M 485.67M 455.22M 431.12M 444.35M 431.29M 424.56M 399.84M 398.92M 378.93M 359.28M 358.99M 285.17M 207.97M 208.98M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M -1,134.53M 0.00M -546.51M -716.85M -871.43M 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 63.08M 69.93M 0.00M 0.00M 69.93M 26.24M 26.98M 28.02M 6.77M 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 39.89M -44.75M 50.16M 209.79M 143.50M 88.43M -54.25M -22.19M 85.38M -80.49M 50.13M 150.19M -170.28M 158.91M 62.10M -101.78M 64.08M -45.56M
Accounts Receivable 0.00M 0.00M -0.29M -9.74M -15.02M -3.26M 32.03M -73.92M -2.66M -16.53M 5.82M 7.90M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 0.00M 0.00M -0.95M 1.06M -2.46M -13.06M 4.26M 8.57M -8.51M -3.02M 8.52M -9.12M 4.60M -4.99M -6.06M 3.10M -1.76M 4.45M -3.78M 13.27M
Accounts Payable 0.00M 0.00M 0.00M 0.00M 15.02M 3.26M -32.03M 73.92M 2.66M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 0.00M 0.00M 41.14M -36.06M 52.62M 222.86M 139.24M 79.86M -45.73M -19.17M 76.86M -71.36M 45.53M 155.18M -164.22M 155.81M 63.86M -106.23M 67.86M -58.83M
Other Non-Cash Items -2,655.86M -2,429.59M 135.06M 451.26M 90.06M -1,395.28M 18.23M 44.99M -88.45M -741.71M -640.80M -768.03M -798.21M -732.33M -888.53M -675.16M -569.85M -574.67M -627.28M -501.25M
Net Cash from Operating Activities 0.00M 577.40M 3,382.98M 3,383.17M 2,850.22M 3,060.68M 3,720.97M 1,868.40M 2,158.92M 2,405.65M 2,459.18M 2,025.89M 1,946.56M 2,000.39M 1,393.23M 1,783.89M 1,495.01M 1,176.42M 1,170.52M 1,075.47M
Capital Expenditures (PPE) 0.00M 0.00M -286.47M -310.06M -472.34M -354.28M -309.77M -532.33M -1,063.77M -642.59M -1,110.48M -1,339.03M -1,008.78M -1,040.49M -1,167.52M -350.34M -1,344.17M -1,502.89M -1,541.71M -1,761.60M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 569.60M 0.00M 2.39M 1.26M 30.51M 31.56M 0.00M 0.00M 4.16M 0.00M 3.00M 0.00M 0.00M 2.89M -2.43M 0.00M
Purchases of Investments 0.00M 0.00M -3,165.23M -857.20M -1,403.45M -257.19M -257.19M -257.18M -257.16M -257.14M -0.01M 0.00M -0.01M -0.08M -0.43M -1.93M -0.22M -0.55M -0.41M -1.64M
Sales / Maturities of Investments 0.00M 0.00M 257.20M 257.20M 261.96M 257.19M 257.18M 257.16M 257.14M 257.12M 266.21M 279.85M 0.95M 0.00M 2.15M 0.00M 0.00M 0.79M 31.09M 0.00M
Other Investing Activities 0.00M 0.00M 1.19M -27.48M 12.72M -34.12M -94.49M -29.01M -39.15M -20.81M -26.87M -14.03M -53.98M -12.73M 52.44M 39.96M 16.16M 9.01M -264.67M -0.96M
Net Cash from Investing Activities 0.00M 0.00M -3,193.31M -937.54M -1,031.52M -388.41M -401.88M -560.11M -1,072.43M -631.86M -1,137.36M -1,353.06M -1,057.67M -1,053.30M -1,110.36M -312.32M -1,328.23M -1,490.76M -1,778.13M -1,764.20M
Net Debt Issuance 0.00M 0.00M -155.67M -23.75M -116.55M -1,175.24M -1,871.87M 2,392.08M 338.54M -651.29M -245.98M -129.70M 98.27M 216.41M -876.99M -586.70M -195.92M 1,015.45M 313.72M 819.56M
Long-Term Debt Issuance 0.00M 0.00M -155.67M -23.75M -116.55M -1,156.99M -1,871.87M 2,392.08M 355.18M -651.29M -230.25M -114.59M 98.27M 216.41M -864.37M -575.85M -187.31M 1,020.74M 315.81M 819.56M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M -18.25M 0.00M 0.00M -16.64M 0.00M -15.73M -15.11M 0.00M 0.00M -12.62M -10.85M -8.61M -5.28M -2.09M 0.00M
Net Stock Issuance 0.00M 0.00M -597.31M -1,094.01M -532.50M -0.08M 0.00M 0.00M -189.22M 0.00M 0.00M -104.57M 0.00M 0.00M 1,284.61M 0.00M -77.33M -0.22M -0.24M 0.00M
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 0.00M 0.00M 0.00M 1,284.61M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M -597.31M -1,094.01M -532.50M -0.08M 0.00M 0.00M -189.22M 0.00M 0.00M -104.57M 0.00M 0.00M 0.00M 0.00M -77.33M -0.22M -0.24M 0.00M
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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid 0.00M 0.00M -1,267.52M -1,380.82M -779.74M -790.82M -660.52M -643.99M -594.08M -579.03M -514.19M -467.06M -399.47M -400.74M -443.38M -294.92M -400.12M -253.48M -238.57M -223.64M
Common Dividends Paid 0.00M 0.00M -1,267.52M -1,380.82M -779.74M -790.82M -660.52M -643.99M -594.08M -579.03M -514.19M -467.06M -399.47M -400.74M -443.38M -294.92M -400.12M -253.48M -238.57M -223.64M
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
Other Financing Activities 0.00M 0.00M 0.00M 0.00M -18.70M 0.00M -17.52M -17.37M 0.00M -16.13M 0.00M 0.00M -14.41M -13.38M 0.00M 0.00M 0.00M 0.00M 0.00M -0.62M
Net Cash from Financing Activities 0.00M 0.00M -2,020.49M -2,498.58M -1,447.49M -1,966.13M -2,549.91M 1,730.72M -444.76M -1,246.46M -760.17M -701.33M -315.61M -197.71M -35.76M -881.63M -673.37M 761.76M 74.91M 595.31M
Effect of FX on Cash 0.00M 0.00M 264.70M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 13.67M 0.51M -3.24M -2.88M -5.99M -5.22M
Net Change in Cash 0.00M 249.26M -1,566.12M -52.95M 371.21M 706.14M 769.18M 3,039.01M 641.73M 527.33M 561.65M -28.49M 573.29M 749.38M 260.79M 590.46M -509.83M 444.54M -538.69M -98.64M
Cash at Beginning of Period 0.00M 18,734.14M 9,410.46M 9,463.40M 9,092.20M 8,386.06M 7,616.88M 4,577.87M 3,936.14M 3,408.81M 2,847.16M 2,875.65M 2,302.37M 1,552.98M 1,292.19M 701.74M 1,211.56M 767.02M 1,305.72M 1,404.36M
Cash at End of Period 0.00M 18,983.41M 7,844.34M 9,410.46M 9,463.40M 9,092.20M 8,386.06M 7,616.88M 4,577.87M 3,936.14M 3,408.81M 2,847.16M 2,875.65M 2,302.37M 1,552.98M 1,292.19M 701.74M 1,211.56M 767.02M 1,305.72M
Operating Cash Flow 0.00M 577.40M 3,382.98M 3,383.17M 2,850.22M 3,060.68M 3,720.97M 1,868.40M 2,158.92M 2,405.65M 2,459.18M 2,025.89M 1,946.56M 2,000.39M 1,393.23M 1,783.89M 1,495.01M 1,176.42M 1,170.52M 1,075.47M
Capital Expenditure 0.00M 0.00M -274.22M -248.23M -472.34M -354.28M -309.77M -532.33M -1,063.77M -642.59M -1,110.48M -1,339.03M -1,008.78M -1,040.49M -1,167.52M -350.34M -1,344.17M -1,502.89M -1,541.71M -1,761.60M
Free Cash Flow 0.00M 577.40M 3,108.76M 3,134.94M 2,377.87M 2,706.39M 3,411.19M 1,336.07M 1,095.15M 1,763.06M 1,348.70M 686.87M 937.78M 959.90M 225.71M 1,433.55M 150.84M -326.48M -371.19M -686.13M

Free Cash Flow

Metric TTM TTM-1 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30 2017-09-30 2016-09-30 2015-09-30 2014-09-30 2013-09-30 2012-09-30 2011-09-30 2010-09-30 2009-09-30 2008-09-30
EBITDA 4,253.20M 4,121.45M 4,456.18M 4,679.30M 4,281.64M 4,670.28M 4,495.14M 2,846.20M 3,580.91M 3,541.66M 3,378.08M 3,179.99M 2,983.32M 2,858.30M 2,813.94M 2,537.14M 2,360.88M 2,190.22M 2,067.92M 1,966.02M
(-) Tax Adjustment 1,254.91M 1,104.24M 1,355.81M 1,379.60M 1,123.76M 1,459.91M 1,403.73M 904.17M 1,036.81M 1,121.53M 980.74M 1,013.54M 1,044.16M 1,000.41M 984.88M 888.00M 826.31M 766.58M 723.77M 688.11M
(-) Change In Working Capital 0.00M 0.00M 39.89M -44.75M 50.16M 209.79M 143.50M 88.43M -54.25M -22.19M 85.38M -80.49M 50.13M 150.19M -170.28M 158.91M 62.10M -101.78M 64.08M -45.56M
(-) Capital Expenditure 0.00M 0.00M -274.22M -248.23M -472.34M -354.28M -309.77M -532.33M -1,063.77M -642.59M -1,110.48M -1,339.03M -1,008.78M -1,040.49M -1,167.52M -350.34M -1,344.17M -1,502.89M -1,541.71M -1,761.60M
Unlevered Free Cash Flow 2,998.30M 3,017.21M 2,786.26M 3,096.22M 2,635.38M 2,646.29M 2,638.14M 1,321.27M 1,534.57M 1,799.73M 1,201.48M 907.91M 880.24M 667.21M 831.82M 1,139.89M 128.31M 22.53M -261.64M -438.13M
(-) Net Interest Income After Taxes 0.75M -0.26M 15.58M -0.04M -0.38M -0.60M -1.96M -1.37M -1.08M -1.20M -1.92M -2.67M -3.47M -6.17M -12.33M -19.02M -23.47M -23.39M -14.00M -13.48M
Net Debt Issuance 0.00M 0.00M -155.67M -23.75M -116.55M -1,175.24M -1,871.87M 2,392.08M 338.54M -651.29M -245.98M -129.70M 98.27M 216.41M -876.99M -586.70M -195.92M 1,015.45M 313.72M 819.56M
Levered Free Cash Flow 2,997.54M 3,017.47M 2,615.01M 3,072.51M 2,519.21M 1,471.65M 768.24M 3,714.72M 1,874.19M 1,149.63M 957.43M 780.88M 981.98M 889.79M -32.83M 572.21M -44.14M 1,061.38M 66.08M 394.91M