Page: Company Financials
L'Air Liquide S.A.
$156.76
+0.24 (0.15%)
As of: 2026-01-28
Master Data Export
Enterprise Value
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 158.96 | 154.42 | 118.95 | 124.30 | 108.56 | 98.18 | 80.15 | 80.45 | 74.05 | 82.23 | 72.07 | 70.58 | 63.75 | 60.11 | 48.85 | 37.93 | 45.84 | 63.34 | 63.30 | 63.30 | 63.30 | 63.30 |
| Market Capitalization | 91,623.22M | 88,688.63M | 68,307.55M | 71,024.96M | 61,946.71M | 53,550.84M | 41,664.99M | 41,632.76M | 35,803.13M | 37,636.45M | 33,037.48M | 32,284.39M | 29,039.07M | 27,422.52M | 22,143.64M | 17,064.59M | 20,443.39M | 28,695.80M | 28,717.11M | 28,415.72M | 28,465.89M | 28,523.76M |
| (-) Cash & Equivalents | 1,850.30M | 1,668.55M | 1,638.05M | 1,741.95M | 1,632.80M | 1,029.60M | 1,457.40M | 1,275.55M | 1,419.40M | 829.50M | 738.55M | 982.40M | 1,137.85M | 1,422.55M | 1,277.40M | 692.65M | 631.45M | 363.45M | 448.75M | 299.10M | 163.40M | 157.80M |
| (+) Total Debt | 12,859.75M | 12,785.50M | 14,076.20M | 14,215.35M | 14,674.55M | 15,281.40M | 14,706.65M | 15,680.50M | 18,957.05M | 8,348.80M | 7,273.05M | 7,350.65M | 7,152.70M | 6,843.20M | 6,698.85M | 3,177.65M | 3,408.30M | 2,682.10M | 2,171.75M | 2,198.05M | 2,287.65M | 1,084.20M |
| Enterprise Value | 102,632.67M | 99,805.58M | 80,745.70M | 83,498.36M | 74,988.46M | 67,802.64M | 54,914.24M | 56,037.71M | 53,340.78M | 45,155.75M | 39,571.98M | 38,652.64M | 35,053.92M | 32,843.17M | 27,565.09M | 19,549.59M | 23,220.24M | 31,014.45M | 30,440.11M | 30,314.67M | 30,590.14M | 29,450.16M |
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 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 54,407M | 56,403M | 27,058M | 27,608M | 29,934M | 23,335M | 20,485M | 21,920M | 21,011M | 20,349M | 18,135M | 16,380M | 15,358M | 15,225M | 15,326M | 14,457M | 13,488M | 11,976M | 13,103M | 11,801M | 10,949M | 10,435M | 9,376M | 8,394M |
| Cost of Revenue | 28,098M | 39,422M | 10,008M | 11,147M | 13,813M | 9,389M | 7,198M | 8,154M | 8,276M | 7,721M | 6,693M | 6,164M | 6,007M | 5,985M | 6,099M | 5,762M | 5,240M | 4,563M | 5,547M | 4,548M | 4,241M | 3,946M | 7,185M | 6,389M |
| Gross Profit | 26,309M | 16,982M | 17,050M | 16,461M | 16,121M | 13,946M | 13,288M | 13,766M | 12,735M | 12,629M | 11,442M | 10,216M | 9,351M | 9,240M | 9,228M | 8,695M | 8,248M | 7,413M | 7,556M | 7,253M | 6,708M | 6,489M | 2,191M | 2,005M |
| Gross Profit Margin | 48.4% | 30.1% | 63.0% | 59.6% | 53.9% | 59.8% | 64.9% | 62.8% | 60.6% | 62.1% | 63.1% | 62.4% | 60.9% | 60.7% | 60.2% | 60.1% | 61.2% | 61.9% | 57.7% | 61.5% | 61.3% | 62.2% | 23.4% | 23.9% |
| R&D Expenses | 229M | 634M | 0M | 309M | 308M | 304M | 303M | 317M | 300M | 292M | 288M | 282M | 278M | 265M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 9,020M | 7,309M | 0M | 5,135M | 4,973M | 4,369M | 4,251M | 3,308M | 3,263M | 3,278M | 3,057M | 2,690M | 2,667M | 2,811M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 1,856M | 0M | 0M |
| Operating Expenses | 19,932M | 7,427M | 12,104M | 11,889M | 11,830M | 9,937M | 9,637M | 9,972M | 9,475M | 9,265M | 8,418M | 7,325M | 6,717M | 6,660M | 6,667M | 6,164M | 5,965M | 5,454M | 5,637M | 5,465M | 5,046M | 5,017M | 914M | 809M |
| Operating Income (EBIT) | 6,378M | 9,555M | 4,946M | 4,572M | 4,291M | 4,010M | 3,650M | 3,794M | 3,260M | 3,364M | 3,024M | 2,891M | 2,634M | 2,581M | 2,561M | 2,532M | 2,283M | 1,959M | 1,919M | 1,789M | 1,662M | 1,473M | 1,277M | 1,196M |
| Operating Income Margin | 11.7% | 16.9% | 18.3% | 16.6% | 14.3% | 17.2% | 17.8% | 17.3% | 15.5% | 16.5% | 16.7% | 17.6% | 17.1% | 16.9% | 16.7% | 17.5% | 16.9% | 16.4% | 14.6% | 15.2% | 15.2% | 14.1% | 13.6% | 14.2% |
| Interest Income | -49M | 610M | 50M | 69M | 33M | 12M | 16M | 17M | 12M | 7M | 7M | 8M | 7M | 9M | 26M | 19M | 0M | 0M | 0M | 0M | 0M | 26M | 1M | 4M |
| Interest Expense | 863M | 860M | 469M | 466M | 442M | 418M | 452M | 473M | 359M | 506M | 403M | 259M | 277M | 229M | 274M | 236M | 229M | 222M | 214M | 179M | 155M | 95M | 150M | 110M |
| Net Interest Income | -912M | -250M | -418M | -397M | -409M | -406M | -436M | -455M | -347M | -499M | -395M | -251M | -270M | -220M | -248M | -217M | -229M | -222M | -214M | -179M | -155M | -69M | -149M | -106M |
| Unusual Items | 3,405M | -1,216M | 0M | -20M | 23M | -3M | -4M | -200M | 21M | -334M | 28M | -149M | 35M | -59M | -91M | -177M | -111M | -53M | -56M | -54M | -42M | -26M | 7M | -1M |
| EBT Excluding Unusual Items | 5,466M | 9,305M | 4,527M | 4,175M | 3,882M | 3,604M | 3,214M | 3,339M | 2,913M | 2,865M | 2,629M | 2,640M | 2,364M | 2,361M | 2,312M | 2,315M | 2,054M | 1,737M | 1,704M | 1,609M | 1,506M | 1,404M | 1,128M | 1,090M |
| Pre-Tax Income | 8,871M | 8,089M | 4,527M | 4,155M | 3,905M | 3,601M | 3,210M | 3,139M | 2,934M | 2,531M | 2,656M | 2,490M | 2,399M | 2,302M | 2,222M | 2,138M | 1,943M | 1,685M | 1,649M | 1,555M | 1,464M | 1,378M | 1,135M | 1,089M |
| Pre-Tax Margin | 16.3% | 14.3% | 16.7% | 15.1% | 13.0% | 15.4% | 15.7% | 14.3% | 14.0% | 12.4% | 14.6% | 15.2% | 15.6% | 15.1% | 14.5% | 14.8% | 14.4% | 14.1% | 12.6% | 13.2% | 13.4% | 13.2% | 12.1% | 13.0% |
| Income Tax Expense | 2,149M | 2,030M | 1,087M | 972M | 1,002M | 915M | 678M | 802M | 731M | 207M | 747M | 666M | 678M | 612M | 566M | 576M | 513M | 419M | 402M | 412M | 420M | 371M | 293M | 307M |
| Net Income | 6,464M | 5,813M | 3,306M | 3,078M | 2,759M | 2,572M | 2,435M | 2,242M | 2,113M | 2,200M | 1,844M | 1,756M | 1,665M | 1,640M | 1,609M | 1,595M | 1,458M | 1,285M | 1,272M | 1,170M | 1,072M | 1,007M | 842M | 782M |
| Net Income Margin | 11.9% | 10.3% | 12.2% | 11.1% | 9.2% | 11.0% | 11.9% | 10.2% | 10.1% | 10.8% | 10.2% | 10.7% | 10.8% | 10.8% | 10.5% | 11.0% | 10.8% | 10.7% | 9.7% | 9.9% | 9.8% | 9.7% | 9.0% | 9.3% |
| Depreciation & Amortization | 5,045M | 4,819M | 2,505M | 2,482M | 2,466M | 2,173M | 2,138M | 2,138M | 1,766M | 1,778M | 1,587M | 1,372M | 1,239M | 1,236M | 1,232M | 1,155M | 1,122M | 1,020M | 993M | 936M | 908M | 897M | 855M | 809M |
| EBITDA | 11,422M | 14,374M | 7,451M | 7,054M | 6,757M | 6,182M | 5,788M | 5,932M | 5,026M | 5,142M | 4,611M | 4,262M | 3,873M | 3,817M | 3,792M | 3,687M | 3,405M | 2,979M | 2,912M | 2,725M | 2,570M | 2,370M | 2,132M | 2,005M |
| EBITDA Margin | 21.0% | 25.5% | 27.5% | 25.5% | 22.6% | 26.5% | 28.3% | 27.1% | 23.9% | 25.3% | 25.4% | 26.0% | 25.2% | 25.1% | 24.7% | 25.5% | 25.2% | 24.9% | 22.2% | 23.1% | 23.5% | 22.7% | 22.7% | 23.9% |
| NOPAT | 4,832M | 7,157M | 3,759M | 3,502M | 3,190M | 2,991M | 2,879M | 2,825M | 2,448M | 3,088M | 2,173M | 2,117M | 1,889M | 1,895M | 1,908M | 1,849M | 1,680M | 1,472M | 1,451M | 1,315M | 1,185M | 1,077M | 947M | 859M |
| NOPAT Margin | 8.9% | 12.7% | 13.9% | 12.7% | 10.7% | 12.8% | 14.1% | 12.9% | 11.7% | 15.2% | 12.0% | 12.9% | 12.3% | 12.4% | 12.5% | 12.8% | 12.5% | 12.3% | 11.1% | 11.1% | 10.8% | 10.3% | 10.1% | 10.2% |
| Owner's Earnings | 4,468M | 4,167M | 2,286M | 2,167M | 1,952M | 1,828M | 1,943M | 1,743M | 1,631M | 1,795M | 1,173M | 1,100M | 1,002M | 721M | 833M | 995M | 1,130M | 894M | 356M | 747M | 852M | 929M | 795M | 1,591M |
| Owner's Earnings Margin | 8.2% | 7.4% | 8.4% | 7.8% | 6.5% | 7.8% | 9.5% | 8.0% | 7.8% | 8.8% | 6.5% | 6.7% | 6.5% | 4.7% | 5.4% | 6.9% | 8.4% | 7.5% | 2.7% | 6.3% | 7.8% | 8.9% | 8.5% | 18.9% |
| EPS (Basic) | 11.22 | 10.13 | 5.74 | 5.36 | 4.80 | 4.49 | 4.26 | 4.32 | 4.08 | 4.26 | 3.83 | 3.75 | 3.64 | 3.60 | 3.49 | 3.37 | 3.10 | 2.73 | 2.74 | 2.48 | 2.21 | 2.08 | 1.74 | 1.61 |
| EPS (Diluted) | 11.19 | 10.10 | 5.72 | 5.35 | 5.27 | 4.93 | 4.67 | 4.30 | 4.06 | 4.25 | 3.82 | 3.73 | 3.63 | 3.58 | 3.52 | 3.48 | 3.20 | 2.85 | 2.83 | 2.56 | 2.34 | 2.23 | 1.87 | 1.68 |
| Shares (Basic) | 576M | 574M | 576M | 574M | 522M | 519M | 519M | 518M | 518M | 516M | 481M | 468M | 457M | 456M | 456M | 456M | 453M | 450M | 446M | 453M | 454M | 449M | 450M | 451M |
| Shares (Diluted) | 578M | 576M | 578M | 576M | 524M | 522M | 522M | 521M | 520M | 518M | 483M | 471M | 458M | 458M | 457M | 458M | 455M | 451M | 449M | 457M | 457M | 451M | 451M | 465M |
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 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 1,642.60M | 1,915.30M | 1,915.30M | 1,624.90M | 1,756.40M | 2,247.50M | 1,791.40M | 1,025.70M | 1,725.60M | 1,656.10M | 1,523.00M | 965.50M | 910.10M | 940.10M | 1,154.20M | 1,761.10M | 1,523.10M | 1,385.30M | 1,262.90M | 726.90M | 897.50M | 598.20M | 326.80M | 315.60M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | -0.20M | 155.50M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 45.20M | 51.80M | 59.30M | 0.00M | 0.00M | 0.00M | 0.00M | 458.20M | 122.60M |
| Cash & Short-Term Investments | 1,642.60M | 1,915.30M | 1,915.30M | 1,624.70M | 1,911.90M | 2,247.50M | 1,791.40M | 1,025.70M | 1,725.60M | 1,656.10M | 1,523.00M | 965.50M | 910.10M | 940.10M | 1,154.20M | 1,806.30M | 1,574.90M | 1,444.60M | 1,262.90M | 726.90M | 897.50M | 598.20M | 785.00M | 438.20M |
| Net Receivables | 3,116.80M | 2,996.70M | 2,996.70M | 2,993.70M | 3,034.80M | 2,694.10M | 2,296.20M | 2,575.90M | 2,641.10M | 2,900.00M | 3,392.40M | 3,114.00M | 2,972.50M | 2,776.10M | 2,897.80M | 2,876.50M | 2,709.70M | 2,460.90M | 2,951.70M | 2,775.00M | 2,524.80M | 2,468.00M | 34.10M | 0.00M |
| Inventory | 2,182.00M | 2,189.60M | 2,189.60M | 2,027.60M | 1,961.00M | 1,585.10M | 1,405.90M | 1,531.50M | 1,460.10M | 1,333.70M | 1,323.10M | 980.60M | 876.20M | 792.30M | 775.80M | 784.10M | 741.70M | 709.70M | 818.30M | 795.90M | 694.30M | 653.80M | 758.60M | 655.50M |
| Other Current Assets | 1,098.90M | 1,245.80M | 1,245.80M | 905.70M | 935.50M | 929.70M | 760.00M | 553.20M | 575.80M | 582.90M | 1,172.00M | 663.80M | 520.70M | 487.40M | 256.00M | 281.50M | 283.30M | 268.40M | 230.80M | 251.20M | 218.70M | 270.00M | 2,335.90M | 1,945.60M |
| Total Current Assets | 8,040.30M | 8,347.40M | 8,347.40M | 7,551.70M | 7,843.20M | 7,456.40M | 6,253.50M | 5,686.30M | 6,402.60M | 6,472.70M | 7,410.50M | 5,723.90M | 5,279.50M | 4,995.90M | 5,083.80M | 5,748.40M | 5,309.60M | 4,883.60M | 5,263.70M | 4,549.00M | 4,335.30M | 3,990.00M | 3,913.60M | 3,039.30M |
| Property, Plant & Equipment | 24,611.70M | 25,538.70M | 25,538.70M | 23,652.20M | 23,646.90M | 22,531.50M | 20,002.90M | 21,117.80M | 19,248.20M | 18,525.90M | 20,115.70M | 15,706.30M | 14,554.00M | 13,225.70M | 12,784.70M | 12,096.90M | 11,036.70M | 9,920.80M | 9,520.10M | 8,392.20M | 7,991.70M | 8,168.50M | 6,916.40M | 5,927.50M |
| Goodwill | 13,817.20M | 14,977.40M | 14,977.40M | 14,194.20M | 14,587.20M | 13,992.30M | 13,087.40M | 13,943.00M | 13,345.00M | 12,840.30M | 13,889.50M | 5,730.20M | 5,258.60M | 5,089.80M | 5,132.70M | 4,558.50M | 4,390.80M | 4,002.90M | 3,956.20M | 3,642.70M | 2,614.70M | 2,646.10M | 2,310.90M | 827.40M |
| Intangible Assets | 1,551.10M | 1,691.50M | 1,691.50M | 1,631.30M | 1,811.40M | 1,452.60M | 1,397.80M | 1,555.00M | 1,598.70M | 1,611.10M | 1,887.40M | 849.10M | 764.50M | 713.20M | 726.50M | 638.20M | 670.10M | 676.00M | 716.00M | 706.00M | 367.20M | 386.00M | 471.30M | 224.00M |
| Long-Term Investments | 986.50M | 890.00M | 890.00M | 841.90M | 602.70M | 918.50M | 839.40M | 806.60M | 725.60M | 235.90M | 238.30M | 192.10M | 206.50M | 234.40M | 285.50M | 564.20M | 530.50M | 384.10M | 0.00M | 0.00M | 0.00M | 0.00M | -181.70M | 245.90M |
| Tax Assets | 329.20M | 335.00M | 335.00M | 225.20M | 232.30M | 239.30M | 268.40M | 256.60M | 282.80M | 258.40M | 181.90M | 235.20M | 245.50M | 301.70M | 365.50M | 290.30M | 306.30M | 350.10M | 353.00M | 357.60M | 402.20M | 411.90M | 0.00M | 0.00M |
| Other Non-Current Assets | 0.00M | 87.50M | 87.50M | 165.10M | 399.30M | 58.30M | 14.90M | 20.10M | 17.30M | 564.40M | 540.00M | 509.00M | 409.80M | 525.20M | 425.80M | 108.80M | 136.20M | 205.90M | 359.20M | 360.90M | 412.00M | 460.20M | 717.80M | 278.70M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.10M | 0.00M | 0.00M | 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 | 41,295.70M | 43,520.10M | 43,520.10M | 40,709.90M | 41,279.80M | 39,192.50M | 35,610.80M | 37,699.10M | 35,217.60M | 34,036.10M | 36,852.80M | 23,221.90M | 21,438.90M | 20,090.00M | 19,720.70M | 18,256.90M | 17,070.60M | 15,539.80M | 14,904.50M | 13,459.40M | 11,787.80M | 12,072.70M | 10,234.70M | 7,503.50M |
| Total Assets | 49,336.00M | 51,867.50M | 51,867.50M | 48,261.60M | 49,123.00M | 46,648.90M | 41,864.30M | 43,385.40M | 41,620.20M | 40,508.80M | 44,263.30M | 28,945.80M | 26,718.40M | 25,085.90M | 24,804.50M | 24,005.30M | 22,380.20M | 20,423.40M | 20,168.20M | 18,008.40M | 16,123.10M | 16,062.70M | 14,148.30M | 10,542.80M |
| Accounts Payable | 3,249.80M | 3,319.00M | 3,319.00M | 3,310.50M | 3,325.30M | 2,934.50M | 2,083.60M | 2,233.70M | 2,392.20M | 1,960.80M | 2,241.40M | 2,012.80M | 1,927.80M | 1,662.30M | 1,673.50M | 1,741.20M | 1,829.70M | 1,609.00M | 1,885.80M | 1,680.70M | 1,330.80M | 1,280.70M | 1,077.50M | 936.50M |
| Short-Term Debt | 2,786.70M | 2,671.40M | 2,671.40M | 2,285.30M | 2,003.90M | 2,189.00M | 2,141.60M | 1,863.20M | 2,545.90M | 2,497.20M | 2,001.10M | 1,902.00M | 1,360.80M | 1,183.80M | 1,478.90M | 1,368.10M | 921.20M | 826.40M | 611.40M | 371.50M | 668.60M | 417.70M | 274.50M | 183.10M |
| Tax Payables | 352.60M | 273.10M | 273.10M | 236.40M | 260.10M | 277.80M | 215.20M | 200.10M | 171.20M | 194.20M | 144.30M | 156.80M | 221.40M | 156.80M | 176.60M | 162.30M | 176.70M | 144.40M | 153.30M | 187.40M | 142.20M | 192.00M | 0.00M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 630.90M | 521.40M | 2,321.70M | 2,170.40M | 1,961.90M | 1,884.00M | 1,877.10M | 1,901.20M | 1,478.20M | 1,560.40M | 1,515.40M | 1,459.50M | 436.40M | 435.50M | 407.40M | 552.00M | 415.00M | 292.80M | 426.30M | 0.00M | 0.00M |
| Other Current Liabilities | 2,925.20M | 2,980.80M | 2,980.80M | 1,755.40M | 2,535.60M | -128.20M | 91.80M | 320.60M | 2,248.00M | 2,257.20M | 863.30M | 736.40M | 1,620.40M | 1,592.50M | 1,804.30M | 1,769.80M | 1,550.60M | 1,706.70M | 1,913.50M | 1,495.50M | 993.50M | 1,090.00M | 1,195.70M | 1,256.70M |
| Total Current Liabilities | 9,314.30M | 9,244.30M | 9,244.30M | 8,218.50M | 8,646.30M | 7,594.80M | 6,702.60M | 6,579.50M | 9,241.30M | 8,786.50M | 7,151.30M | 6,286.20M | 6,690.80M | 6,110.80M | 6,592.80M | 5,477.80M | 4,913.70M | 4,693.90M | 5,116.00M | 4,150.10M | 3,427.90M | 3,406.70M | 2,547.70M | 2,376.30M |
| Long-Term Debt | 8,606.80M | 8,403.10M | 8,403.10M | 8,560.50M | 10,093.30M | 10,433.70M | 10,162.00M | 11,508.50M | 11,594.20M | 12,426.80M | 14,804.20M | 6,216.60M | 5,847.60M | 5,758.70M | 5,648.60M | 5,645.80M | 5,680.80M | 5,528.90M | 6,205.20M | 4,992.70M | 3,674.90M | 3,978.40M | 4,300.80M | 1,985.30M |
| Capital Lease Obligations | 1,259.40M | 1,373.60M | 1,373.60M | 1,266.00M | 1,279.80M | 1,260.80M | 1,187.60M | 1,331.40M | 12.60M | 15.90M | 18.70M | 27.20M | 24.60M | 20.60M | 21.90M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Tax Liabilities | 2,312.90M | 2,527.10M | 2,527.10M | 2,329.00M | 2,465.40M | 2,126.80M | 1,871.50M | 2,051.90M | 1,955.90M | 1,807.70M | 2,378.20M | 1,321.80M | 1,187.70M | 1,196.30M | 1,134.80M | 1,204.90M | 1,126.40M | 999.40M | 1,012.00M | 1,037.00M | 1,130.50M | 1,149.40M | 1,793.70M | 1,104.00M |
| Other Non-Current Liabilities | 2,621.30M | 2,698.10M | 2,698.10M | 2,479.10M | 2,409.20M | 2,719.60M | 2,666.30M | 2,853.00M | 2,747.90M | 2,878.30M | 3,115.80M | 2,585.90M | 2,425.60M | 2,232.20M | 2,537.50M | 2,123.50M | 2,139.70M | 79.40M | 148.80M | 148.10M | 281.00M | 278.20M | 677.90M | 0.00M |
| Total Non-Current Liabilities | 14,800.40M | 15,001.90M | 15,001.90M | 14,634.60M | 16,247.70M | 16,540.90M | 15,887.40M | 17,744.80M | 16,310.60M | 17,128.70M | 20,316.90M | 10,151.50M | 9,485.50M | 9,207.80M | 9,342.80M | 8,974.20M | 8,946.90M | 6,607.70M | 7,366.00M | 6,177.80M | 5,086.40M | 5,406.00M | 6,772.40M | 3,089.30M |
| Total Liabilities | 24,114.70M | 24,246.20M | 24,246.20M | 22,853.10M | 24,894.00M | 24,135.70M | 22,590.00M | 24,324.30M | 25,551.90M | 25,915.20M | 27,468.20M | 16,437.70M | 16,176.30M | 15,318.60M | 15,935.60M | 14,452.00M | 13,860.60M | 11,301.60M | 12,482.00M | 10,327.90M | 8,514.30M | 8,812.70M | 9,320.10M | 5,465.60M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 911.10M | 2,175.00M | 710.70M | 1,006.30M | 0.00M | 0.00M | 0.00M | 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 | 3,181.60M | 3,180.40M | 3,180.40M | 2,884.80M | 2,879.00M | 2,614.10M | 2,605.10M | 2,602.10M | 2,361.80M | 2,356.20M | 2,138.80M | 1,892.90M | 1,896.80M | 1,720.60M | 1,717.50M | 1,561.00M | 1,562.50M | 1,453.40M | 1,435.10M | 1,313.60M | 1,332.60M | 1,204.90M | 1,201.10M | 1,099.00M |
| Retained Earnings | 19,480.00M | 22,272.50M | 22,272.50M | 20,495.40M | 18,858.00M | 16,217.30M | 13,468.90M | 13,824.20M | 12,657.80M | 11,276.90M | 11,611.40M | 10,618.20M | 9,714.70M | 1,640.30M | 8,548.40M | 8,166.60M | 7,271.80M | 6,062.40M | 5,514.10M | 5,223.80M | 5,006.40M | 3,719.00M | 4,257.80M | 4,160.40M |
| Accumulated OCI | 0.00M | -432.20M | -432.20M | -1,353.70M | -231.20M | -911.10M | -2,175.00M | -710.70M | -1,006.30M | -19,377.60M | -18,947.70M | -18,044.80M | -16,597.30M | -15,168.40M | -15,223.70M | -14,632.20M | -13,608.80M | -11,904.50M | 0.00M | 0.00M | 0.00M | 0.00M | -8,516.10M | -7,986.20M |
| Minority Interest | 706.40M | 761.30M | 761.30M | 721.60M | 835.60M | 536.50M | 462.30M | 454.00M | 424.30M | 400.50M | 383.20M | 365.10M | 290.40M | 263.00M | 232.60M | 237.10M | 209.00M | 168.20M | 148.80M | 148.10M | 281.00M | 278.20M | 341.50M | 460.00M |
| Total Shareholders’ Equity | 22,661.60M | 25,020.70M | 25,020.70M | 22,026.50M | 21,505.80M | 18,831.40M | 16,074.00M | 16,426.30M | 15,019.60M | -5,744.50M | -5,197.50M | -5,533.70M | -4,985.80M | -11,807.50M | -4,957.80M | -4,904.60M | -4,774.50M | -4,388.70M | 6,949.20M | 6,537.40M | 6,339.00M | 4,923.90M | -3,057.20M | -2,726.80M |
| Total Equity | 23,368.00M | 25,782.00M | 25,782.00M | 22,748.10M | 22,341.40M | 19,367.90M | 16,536.30M | 16,880.30M | 15,443.90M | -5,344.00M | -4,814.30M | -5,168.60M | -4,695.40M | -11,544.50M | -4,725.20M | -4,667.50M | -4,565.50M | -4,220.50M | 7,098.00M | 6,685.50M | 6,620.00M | 5,202.10M | -2,715.70M | -2,266.80M |
| Total Liabilities & Equity | 47,482.70M | 50,028.20M | 50,028.20M | 45,601.20M | 47,235.40M | 43,503.60M | 39,126.30M | 41,204.60M | 40,995.80M | 20,571.20M | 22,653.90M | 11,269.10M | 11,480.90M | 3,774.10M | 11,210.40M | 9,784.50M | 9,295.10M | 7,081.10M | 19,580.00M | 17,013.40M | 15,134.30M | 14,014.80M | 6,604.40M | 3,198.80M |
| Tangible Assets | 33,967.70M | 35,198.60M | 35,198.60M | 32,436.10M | 32,724.40M | 31,204.00M | 27,379.10M | 27,887.40M | 26,676.50M | 26,057.40M | 28,486.40M | 22,366.50M | 20,695.30M | 19,282.90M | 18,945.30M | 18,808.60M | 17,319.30M | 15,744.50M | 15,496.00M | 13,659.70M | 13,141.20M | 13,030.60M | 11,366.10M | 9,491.40M |
| Tangible Equity | 7,999.70M | 9,113.10M | 9,113.10M | 6,922.60M | 5,942.80M | 3,923.00M | 2,051.10M | 1,382.30M | 500.20M | -19,795.40M | -20,591.20M | -11,747.90M | -10,718.50M | -17,347.50M | -10,584.40M | -9,864.20M | -9,626.40M | -8,899.40M | 2,425.80M | 2,336.80M | 3,638.10M | 2,170.00M | -5,497.90M | -3,318.20M |
| Tangible Book Value | 7,999.70M | 9,113.10M | 9,113.10M | 6,922.60M | 5,942.80M | 3,923.00M | 2,051.10M | 1,382.30M | 500.20M | -19,795.40M | -20,591.20M | -11,747.90M | -10,718.50M | -17,347.50M | -10,584.40M | -9,864.20M | -9,626.40M | -8,899.40M | 2,425.80M | 2,336.80M | 3,638.10M | 2,170.00M | -5,497.90M | -3,318.20M |
| Total Investments | 986.50M | 890.00M | 890.00M | 911.90M | 600.50M | 918.50M | 839.40M | 806.60M | 725.60M | 235.90M | 238.30M | 192.10M | 206.50M | 234.40M | 285.50M | 609.40M | 582.30M | 443.40M | 359.20M | 360.90M | 412.00M | 460.20M | 276.50M | 368.50M |
| Net Debt | 9,750.90M | 9,159.20M | 9,159.20M | 9,220.90M | 10,340.80M | 10,375.20M | 10,512.20M | 12,346.00M | 12,414.50M | 13,267.90M | 15,282.30M | 7,153.10M | 6,298.30M | 6,002.40M | 5,973.30M | 5,252.80M | 5,078.90M | 4,970.00M | 5,553.70M | 4,637.30M | 3,446.00M | 3,797.90M | 4,248.50M | 1,852.80M |
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 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | -1,495.8M | -1,136.7M | -1,136.7M | -1,084.4M | -699.7M | -853.9M | -908.8M | -839.2M | -665.6M | -153.5M | 637.2M | -250.3M | -66.0M | 72.8M | 144.2M | 819.7M | 988.8M | 799.3M | 1,136.2M | 928.3M | 1,249.5M | 1,079.9M | 1,574.9M | 1,125.0M |
| Total Capital | 37,167.8M | 39,308.1M | 39,308.1M | 36,433.3M | 37,112.1M | 35,342.9M | 32,033.5M | 33,501.0M | 31,910.2M | 31,258.6M | 33,555.8M | 20,546.1M | 18,735.5M | 17,587.7M | 17,361.1M | 16,794.6M | 15,505.5M | 13,939.0M | 13,673.4M | 11,692.5M | 10,629.3M | 10,048.4M | 9,948.9M | 7,247.6M |
| Capital Employed | 39,799.9M | 42,383.4M | 42,383.4M | 39,530.4M | 40,621.8M | 38,338.6M | 34,702.0M | 36,859.9M | 34,552.0M | 33,882.6M | 37,490.0M | 22,971.6M | 21,372.9M | 20,162.8M | 19,864.9M | 19,076.6M | 18,059.4M | 16,339.1M | 16,040.7M | 14,387.7M | 13,037.3M | 13,152.6M | 11,809.6M | 8,628.5M |
| Invested Capital | 35,525.2M | 37,392.8M | 37,392.8M | 34,808.4M | 35,355.7M | 33,095.4M | 30,242.1M | 32,475.3M | 30,184.6M | 29,602.5M | 32,032.8M | 19,580.6M | 17,825.4M | 16,647.6M | 16,206.9M | 15,033.5M | 13,982.4M | 12,553.7M | 12,410.5M | 10,965.6M | 9,731.8M | 9,450.2M | 9,622.1M | 6,932.0M |
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 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 6,463.60M | 5,813.30M | 3,306.10M | 3,078.00M | 2,758.80M | 2,572.20M | 2,435.10M | 2,241.50M | 2,113.40M | 2,199.60M | 1,844.00M | 1,756.40M | 1,665.00M | 1,640.30M | 1,609.40M | 1,594.70M | 1,458.10M | 1,285.20M | 1,271.80M | 1,170.00M | 1,072.10M | 1,007.00M | 841.80M |
| Depreciation & Amortization | 5,044.70M | 4,818.70M | 2,505.10M | 2,482.00M | 2,465.90M | 2,172.50M | 2,137.90M | 2,137.70M | 1,766.30M | 1,782.90M | 1,599.50M | 1,371.60M | 1,239.10M | 1,236.30M | 1,231.80M | 1,154.90M | 1,122.10M | 1,020.00M | 992.80M | 935.90M | 908.20M | 897.30M | 854.60M |
| Deferred Income Tax | -16.50M | 279.70M | 0.00M | 0.00M | 92.60M | 106.20M | -68.40M | 67.90M | 55.30M | -350.40M | 105.20M | 107.30M | -18.10M | -18.70M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 39.60M | 77.40M | 0.00M | 0.00M | 36.90M | 40.50M | 38.50M | 40.20M | 39.70M | 34.40M | 26.70M | 23.20M | 18.10M | 18.70M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | -264.90M | -124.00M | 148.90M | 257.00M | 261.70M | 447.50M | 707.70M | -74.80M | 578.70M | 136.80M | 526.50M | -215.30M | 164.10M | 242.10M | -35.00M | -192.80M | -154.90M | 165.50M | 127.90M | 93.60M | -108.80M | 5.20M | -243.70M |
| Accounts Receivable | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accounts Payable | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Working Capital | -264.90M | -51.10M | 148.90M | 257.00M | 261.70M | 447.50M | 707.70M | -74.80M | 578.70M | 136.80M | 175.00M | -120.50M | 73.50M | -18.70M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Cash Items | 938.80M | 10,588.00M | 362.10M | 446.00M | 194.20M | 231.80M | -45.10M | 299.70M | 163.00M | 450.70M | -405.40M | -210.80M | -256.70M | -334.70M | -97.70M | -131.00M | -5.40M | -18.90M | -99.60M | -97.40M | -104.80M | -189.40M | -0.90M |
| Net Cash from Operating Activities | 12,205.30M | 11,738.30M | 6,322.20M | 6,263.00M | 5,810.10M | 5,570.70M | 5,205.70M | 4,712.20M | 4,716.40M | 4,254.00M | 3,696.50M | 2,832.40M | 2,829.60M | 2,802.70M | 2,708.50M | 2,425.80M | 2,419.90M | 2,451.80M | 2,292.90M | 2,102.10M | 1,766.70M | 1,720.10M | 1,451.80M |
| Capital Expenditures (PPE) | -7,040.60M | -6,464.70M | -3,525.10M | -3,393.40M | -3,273.00M | -2,916.80M | -2,630.20M | -2,636.40M | -2,249.20M | -2,182.50M | -2,258.60M | -2,027.70M | -1,901.70M | -2,156.10M | -2,007.90M | -1,755.00M | -1,449.80M | -1,411.00M | -1,908.30M | -1,359.30M | -1,128.20M | -975.20M | -901.00M |
| Acquisitions (Net) | -171.60M | 158.50M | -156.00M | -103.00M | -74.70M | -528.90M | -129.10M | -536.90M | -129.20M | -140.40M | -12,165.30M | -384.40M | -179.00M | -391.90M | -879.40M | -99.50M | -239.90M | -109.20M | -242.30M | -1,308.20M | -72.30M | 0.00M | -2,858.50M |
| Purchases of Investments | -103.00M | 0.00M | 0.00M | 0.00M | -61.10M | -130.90M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -391.90M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -76.20M | 0.00M |
| Sales / Maturities of Investments | 200.50M | 360.00M | 0.00M | 339.70M | 61.10M | 130.90M | 718.80M | 0.40M | 5.10M | 4.30M | 1.30M | 1.40M | 15.80M | 4.20M | 1.20M | 1.30M | 0.80M | 1.90M | 7.50M | 6.10M | 2.10M | 189.50M | 721.90M |
| Other Investing Activities | -60.00M | -258.10M | 97.70M | 77.70M | 105.80M | 94.20M | 85.90M | 588.10M | 103.10M | 472.90M | 828.30M | 129.60M | 228.60M | 312.90M | 49.10M | 180.90M | 43.00M | 78.50M | 50.50M | 193.70M | 102.70M | 91.30M | 30.70M |
| Net Cash from Investing Activities | -7,174.70M | -6,204.30M | -3,583.40M | -3,079.00M | -3,241.90M | -3,351.50M | -1,954.60M | -2,584.80M | -2,270.20M | -1,845.70M | -13,594.30M | -2,281.10M | -1,836.30M | -2,230.90M | -2,837.00M | -1,672.30M | -1,645.90M | -1,439.80M | -2,092.60M | -2,467.70M | -1,095.70M | -770.60M | -3,006.90M |
| Net Debt Issuance | -780.70M | -1,512.60M | -266.80M | -1,215.60M | -617.70M | -258.60M | -727.20M | -1,139.00M | -1,149.80M | -1,085.40M | 8,152.00M | 651.40M | 76.10M | 36.40M | 373.50M | 237.20M | 99.30M | -416.60M | 1,042.00M | 1,111.30M | 64.20M | -635.00M | 2,366.70M |
| Long-Term Debt Issuance | 590.40M | -1,512.60M | -266.80M | -1,455.70M | -866.70M | -258.60M | -482.00M | -891.00M | -1,149.80M | -1,085.40M | 8,152.00M | 651.40M | 76.10M | 36.40M | 373.50M | 237.20M | 99.30M | -416.60M | 1,042.00M | 1,111.30M | 64.20M | -635.00M | 2,366.70M |
| Short-Term Debt Issuance | -1,371.10M | 0.00M | 0.00M | -1,215.60M | 249.00M | -17.20M | -245.20M | -248.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | -94.60M | -275.10M | -196.40M | 46.90M | -153.80M | 135.30M | -49.90M | -148.10M | -63.60M | -158.40M | 3,364.90M | -92.50M | -116.40M | 10.90M | -66.90M | -42.30M | 113.10M | 174.00M | -123.70M | -442.50M | -23.00M | 18.60M | -31.10M |
| Common Stock Issuance | 135.50M | 173.70M | 34.40M | 128.80M | 37.70M | 175.40M | 43.70M | 39.20M | 138.10M | 70.00M | 3,364.90M | 85.80M | 59.50M | 125.50M | 37.30M | 51.50M | 113.10M | 175.10M | 44.50M | 91.40M | 108.10M | 78.40M | 13.30M |
| Common Stock Repurchased | -230.10M | -274.00M | -230.80M | -81.90M | -191.50M | -40.10M | -49.90M | -148.10M | -63.60M | -158.40M | 0.00M | -178.30M | -116.40M | -114.60M | -104.20M | -93.80M | 0.00M | -1.10M | -168.20M | -533.90M | -131.10M | -59.80M | -44.40M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -175.40M | -43.70M | -39.20M | -138.10M | -70.00M | 0.00M | 0.00M | -59.50M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -3,671.90M | -2,991.00M | -1,718.10M | -1,581.20M | -1,410.50M | -1,334.80M | -1,307.90M | -1,163.00M | -1,159.40M | -1,031.20M | -947.40M | -924.30M | -838.50M | -820.20M | -722.60M | -679.20M | -609.00M | -630.70M | -550.80M | -496.90M | -432.00M | -391.10M | -336.10M |
| Common Dividends Paid | -3,671.90M | -2,991.00M | -1,718.10M | -1,581.20M | -1,410.50M | -1,334.80M | -1,307.90M | -1,163.00M | -1,159.40M | -1,031.20M | -947.40M | -924.30M | -838.50M | -820.20M | -722.60M | -679.20M | -609.00M | -601.90M | -550.80M | -496.90M | -432.00M | -391.10M | -336.10M |
| 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 |
| Other Financing Activities | -522.70M | -321.00M | -626.30M | -729.80M | -599.00M | -357.60M | -342.60M | -330.10M | -105.70M | -2.00M | -86.00M | -61.90M | -81.00M | -65.50M | -68.50M | -45.50M | -130.30M | -90.80M | -39.00M | -33.30M | -9.40M | -84.80M | -153.40M |
| Net Cash from Financing Activities | -5,069.90M | -5,041.60M | -2,807.60M | -3,479.70M | -2,781.00M | -1,815.70M | -2,427.60M | -2,780.20M | -2,478.50M | -2,277.00M | 10,483.50M | -427.30M | -959.80M | -838.40M | -484.50M | -529.80M | -526.90M | -873.30M | 328.50M | 138.60M | -437.90M | -1,092.30M | 1,846.10M |
| Effect of FX on Cash | -30.30M | -248.90M | -32.40M | -61.60M | -165.20M | 16.80M | -1.40M | 0.70M | 65.20M | -46.10M | -30.60M | -103.50M | -31.60M | 33.10M | -12.90M | 6.50M | -90.80M | 45.70M | -41.20M | 59.90M | 28.50M | 1.80M | 37.90M |
| Net Change in Cash | 1,639.30M | 324.90M | -101.20M | -357.30M | -378.00M | 420.30M | 822.10M | -652.10M | 32.90M | 85.20M | 555.10M | 20.50M | 1.90M | -233.50M | -625.90M | 230.20M | 156.30M | 184.40M | 487.60M | -167.10M | 261.60M | -141.00M | 328.90M |
| Cash at Beginning of Period | 5,122.40M | 7,065.00M | 1,403.60M | 1,760.90M | 2,138.90M | 1,718.60M | 896.50M | 1,548.60M | 1,515.70M | 1,430.50M | 875.40M | 854.90M | 853.00M | 1,086.50M | 1,712.40M | 1,482.20M | 1,325.90M | 1,141.50M | 653.90M | 821.00M | 559.40M | 700.40M | 384.50M |
| Cash at End of Period | 6,545.30M | 7,389.90M | 1,302.40M | 1,403.60M | 1,760.90M | 2,138.90M | 1,718.60M | 896.50M | 1,548.60M | 1,515.70M | 1,430.50M | 875.40M | 854.90M | 853.00M | 1,086.50M | 1,712.40M | 1,482.20M | 1,325.90M | 1,141.50M | 653.90M | 821.00M | 559.40M | 713.40M |
| Operating Cash Flow | 12,450.50M | 11,738.30M | 6,322.20M | 6,263.00M | 5,810.10M | 5,570.70M | 5,205.70M | 4,712.20M | 4,716.40M | 4,254.00M | 3,696.50M | 2,832.40M | 2,829.60M | 2,802.70M | 2,708.50M | 2,425.80M | 2,419.90M | 2,451.80M | 2,292.90M | 2,102.10M | 1,766.70M | 1,720.10M | 1,451.80M |
| Capital Expenditure | -7,040.60M | -6,464.70M | -3,525.10M | -3,393.40M | -3,273.00M | -2,916.80M | -2,630.20M | -2,636.40M | -2,249.20M | -2,182.50M | -2,258.60M | -2,027.70M | -1,901.70M | -2,156.10M | -2,007.90M | -1,755.00M | -1,449.80M | -1,411.00M | -1,908.30M | -1,359.30M | -1,128.20M | -975.20M | -901.00M |
| Free Cash Flow | 5,409.90M | 5,273.60M | 2,797.10M | 2,869.60M | 2,537.10M | 2,653.90M | 2,575.50M | 2,075.80M | 2,467.20M | 2,071.50M | 1,437.90M | 804.70M | 927.90M | 646.60M | 700.60M | 670.80M | 970.10M | 1,040.80M | 384.60M | 742.80M | 638.50M | 744.90M | 550.80M |
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 | 2006-12-31 | 2005-12-31 | 2004-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 22,105.20M | 13,857.40M | 19,554.70M | 13,499.20M | 13,306.30M | 11,445.50M | 10,871.50M | 12,279.20M | 10,938.50M | 10,836.40M | 9,684.00M | 8,615.20M | 7,645.70M | 7,400.80M | 10,459.50M | 9,850.20M | 9,370.10M | 8,432.80M | 8,548.80M | 8,189.20M | 7,616.30M | 5,530.20M | 3,045.90M |
| (-) Tax Adjustment | 5,356.10M | 3,478.44M | 4,693.01M | 3,157.06M | 3,415.25M | 2,907.38M | 2,296.76M | 3,136.51M | 2,724.19M | 887.58M | 2,724.67M | 2,305.32M | 2,161.91M | 1,967.31M | 2,664.90M | 2,655.22M | 2,472.49M | 2,098.06M | 2,082.10M | 2,168.55M | 2,183.67M | 1,488.02M | 786.04M |
| (-) Change In Working Capital | -264.90M | -124.00M | 148.90M | 257.00M | 261.70M | 447.50M | 707.70M | -74.80M | 578.70M | 136.80M | 526.50M | -215.30M | 164.10M | 242.10M | -35.00M | -192.80M | -154.90M | 165.50M | 127.90M | 93.60M | -108.80M | 5.20M | -243.70M |
| (-) Capital Expenditure | -7,040.60M | -6,464.70M | -3,525.10M | -3,393.40M | -3,273.00M | -2,916.80M | -2,630.20M | -2,636.40M | -2,249.20M | -2,182.50M | -2,258.60M | -2,027.70M | -1,901.70M | -2,156.10M | -2,007.90M | -1,755.00M | -1,449.80M | -1,411.00M | -1,908.30M | -1,359.30M | -1,128.20M | -975.20M | -901.00M |
| Unlevered Free Cash Flow | 9,973.40M | 4,038.26M | 11,187.69M | 6,691.74M | 6,356.35M | 5,173.82M | 5,236.84M | 6,581.09M | 5,386.41M | 7,629.52M | 4,174.23M | 4,497.48M | 3,417.99M | 3,035.29M | 5,821.70M | 5,632.78M | 5,602.71M | 4,758.24M | 4,430.50M | 4,567.75M | 4,413.23M | 3,061.78M | 1,602.56M |
| (-) Net Interest Income After Taxes | -690.72M | -187.25M | -317.99M | -303.77M | -304.17M | -302.64M | -343.65M | -338.93M | -260.51M | -457.67M | -284.01M | -183.76M | -193.58M | -161.45M | -184.89M | -158.14M | -168.50M | -166.54M | -162.18M | -131.89M | -110.85M | -50.21M | -110.77M |
| Net Debt Issuance | -780.70M | -1,512.60M | -266.80M | -1,215.60M | -617.70M | -258.60M | -727.20M | -1,139.00M | -1,149.80M | -1,085.40M | 8,152.00M | 651.40M | 76.10M | 36.40M | 373.50M | 237.20M | 99.30M | -416.60M | 1,042.00M | 1,111.30M | 64.20M | -635.00M | 2,366.70M |
| Levered Free Cash Flow | 9,883.42M | 2,712.90M | 11,238.88M | 5,779.91M | 6,042.82M | 5,217.87M | 4,853.29M | 5,781.02M | 4,497.12M | 7,001.79M | 12,610.23M | 5,332.64M | 3,687.68M | 3,233.14M | 6,380.09M | 6,028.12M | 5,870.51M | 4,508.18M | 5,634.68M | 5,810.94M | 4,588.28M | 2,476.99M | 4,080.03M |