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Page: Company Financials

Azzas 2154 S.A.

Ticker: AZZA3.SA | Industry: Apparel - Manufacturers | Sector: Consumer Cyclical
$27.04 -0.53 (-1.92%)
As of: 2026-01-29

Master Data Export

Enterprise Value

Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Stock Price 32.55 46.30 67.45 83.07 81.12 51.82 53.52 47.97 42.60 25.34 22.37 28.81 35.84 34.54 21.83 21.25
Market Capitalization 6,669.41M 5,383.16M 7,508.18M 9,033.35M 8,055.03M 4,721.04M 4,838.19M 4,311.71M 3,810.66M 2,250.67M 1,984.90M 2,554.57M 3,175.44M 3,058.32M 1,900.48M 1,351.02M
(-) Cash & Equivalents 162.76M 112.63M 72.77M 73.05M 93.76M 18.09M 8.75M 9.41M 7.86M 6.25M 6.54M 10.24M 10.12M 7.73M 7.96M 2.00M
(+) Total Debt 3,922.92M 2,514.71M 1,551.66M 651.38M 778.86M 816.72M 344.42M 157.86M 120.75M 103.43M 111.65M 90.85M 100.80M 44.01M 34.90M 0.00M
Enterprise Value 10,429.58M 7,785.24M 8,987.06M 9,611.69M 8,740.14M 5,519.67M 5,173.86M 4,460.16M 3,923.55M 2,347.85M 2,090.01M 2,635.18M 3,266.12M 3,094.60M 1,927.42M 1,349.02M

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 11,960M 6,401M 8,380M 4,847M 4,234M 2,924M 1,591M 1,679M 1,527M 1,360M 1,239M 1,121M 1,053M 963M 860M 679M 572M 412M 367M
Cost of Revenue 5,433M 2,967M 3,915M 2,218M 1,950M 1,385M 836M 904M 816M 737M 690M 645M 604M 537M 485M 397M 340M 245M 229M
Gross Profit 6,527M 3,434M 4,465M 2,629M 2,284M 1,539M 755M 776M 711M 624M 549M 476M 449M 426M 376M 281M 232M 167M 138M
Gross Profit Margin 54.6% 53.6% 53.3% 54.2% 53.9% 52.6% 47.5% 46.2% 46.6% 45.8% 44.3% 42.5% 42.7% 44.2% 43.7% 41.5% 40.5% 40.5% 37.7%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 5,541M 2,862M 3,884M 2,109M 1,820M 1,201M 692M 608M 520M 448M 396M 332M 298M 278M 243M 169M 142M 111M 102M
Operating Expenses 5,788M 2,679M 3,964M 2,067M 1,734M 1,072M 642M 556M 519M 450M 398M 335M 301M 277M 248M 168M 142M 108M 109M
Operating Income (EBIT) 739M 755M 501M 562M 550M 466M 113M 220M 191M 174M 151M 141M 148M 148M 128M 114M 89M 59M 29M
Operating Income Margin 6.2% 11.8% 6.0% 11.6% 13.0% 15.9% 7.1% 13.1% 12.5% 12.8% 12.2% 12.6% 14.1% 15.4% 14.9% 16.7% 15.6% 14.3% 8.0%
Interest Income 118M 21M -38M -56M 75M -37M -23M -12M -12M -10M -13M -8M -4M 19M 16M 21M 0M 0M 0M
Interest Expense 758M 310M 370M 143M 125M 41M 23M 12M 8M 3M 3M 3M 4M 4M 2M 9M 4M 2M 10M
Net Interest Income -640M -289M -408M -199M -49M -78M -47M -24M -20M -13M -16M -11M -8M 14M 14M 12M -4M -2M -10M
Unusual Items -135M -3M -103M 13M -28M 15M -12M 9M -1M 23M 22M 34M 21M -7M -8M 0M 4M 2M 10M
EBT Excluding Unusual Items 99M 465M 93M 363M 501M 389M 66M 196M 171M 160M 135M 131M 140M 163M 142M 125M 86M 57M 19M
Pre-Tax Income -36M 462M -10M 376M 473M 404M 55M 205M 170M 183M 157M 165M 161M 156M 134M 125M 89M 59M 29M
Pre-Tax Margin -0.3% 7.2% -0.1% 7.8% 11.2% 13.8% 3.4% 12.2% 11.1% 13.4% 12.7% 14.7% 15.3% 16.2% 15.5% 18.5% 15.6% 14.3% 8.0%
Income Tax Expense -788M -66M -349M -23M 50M 60M 6M 43M 27M 28M 41M 45M 49M 46M 37M 34M 25M 10M 10M
Net Income 753M 531M 342M 399M 425M 345M 49M 162M 143M 154M 116M 120M 113M 111M 97M 92M 65M 49M 22M
Net Income Margin 6.3% 8.3% 4.1% 8.2% 10.0% 11.8% 3.1% 9.7% 9.3% 11.4% 9.4% 10.7% 10.7% 11.5% 11.3% 13.5% 11.3% 11.8% 6.1%
Depreciation & Amortization 701M 307M 415M 223M 166M 106M 81M 80M 41M 33M 26M 24M 13M 11M 8M 4M 3M 2M 0M
EBITDA 1,440M 1,061M 916M 785M 716M 572M 194M 300M 232M 206M 177M 165M 161M 159M 136M 118M 92M 61M 29M
EBITDA Margin 12.0% 16.6% 10.9% 16.2% 16.9% 19.6% 12.2% 17.9% 15.2% 15.2% 14.3% 14.8% 15.3% 16.6% 15.8% 17.3% 16.1% 14.7% 8.0%
NOPAT 584M 862M 396M 596M 492M 397M 101M 174M 161M 147M 112M 103M 103M 105M 93M 83M 65M 49M 19M
NOPAT Margin 4.9% 13.5% 4.7% 12.3% 11.6% 13.6% 6.3% 10.4% 10.5% 10.8% 9.0% 9.2% 9.8% 10.9% 10.8% 12.2% 11.3% 11.8% 5.2%
Owner's Earnings 971M 552M 338M 387M 358M 282M 84M 177M 135M 166M 117M 118M 75M 78M 47M 65M 53M 39M 22M
Owner's Earnings Margin 8.1% 8.6% 4.0% 8.0% 8.4% 9.6% 5.2% 10.5% 8.8% 12.2% 9.4% 10.5% 7.2% 8.1% 5.5% 9.6% 9.3% 9.5% 6.1%
EPS (Basic) 4.11 4.65 2.61 3.60 3.89 3.45 0.53 1.79 1.59 1.73 1.31 1.35 1.27 1.25 1.09 1.05 0.82 2.49 1.14
EPS (Diluted) 4.05 4.59 2.56 3.51 3.76 3.40 0.53 1.78 1.58 1.72 1.30 1.35 1.27 1.25 1.09 1.05 0.82 2.49 1.14
Shares (Basic) 185M 115M 131M 111M 109M 100M 92M 91M 90M 89M 89M 89M 89M 89M 89M 88M 78M 20M 20M
Shares (Diluted) 186M 116M 133M 114M 113M 102M 92M 91M 91M 90M 89M 89M 89M 89M 89M 88M 78M 20M 20M

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 174.94M 177.37M 181.16M 73.32M 28.83M 33.75M 38.30M 13.81M 8.50M 10.16M 5.02M 8.82M 10.83M 13.79M 11.52M 15.53M 8.00M 38.99M 53.83M
Short-Term Investments 560.58M 645.80M 593.38M 676.40M 447.61M 228.81M 522.87M 263.88M 227.30M 327.76M 237.82M 216.94M 189.55M 171.91M 190.64M 158.02M 5.00M 5.90M 0.00M
Cash & Short-Term Investments 735.52M 823.16M 774.54M 749.71M 476.43M 262.56M 561.17M 277.68M 235.80M 337.92M 242.84M 225.76M 200.39M 185.69M 202.15M 173.55M 13.00M 44.89M 53.83M
Net Receivables 2,959.15M 2,969.64M 3,181.37M 1,261.42M 933.74M 858.53M 626.77M 433.15M 405.97M 352.70M 315.30M 280.53M 277.91M 247.50M 221.00M 191.25M 139.31M 113.31M 95.64M
Inventory 2,480.74M 2,474.52M 2,218.82M 774.28M 743.87M 436.52M 283.01M 173.87M 146.36M 109.02M 105.79M 104.88M 92.23M 79.97M 69.94M 53.97M 48.86M 21.21M 14.29M
Other Current Assets 699.06M 598.65M 656.95M 75.36M 201.21M 75.21M 86.03M 90.33M 49.37M 51.13M 37.60M 44.96M 42.22M 34.80M 14.28M 10.19M 7.89M 3.42M 7.24M
Total Current Assets 6,874.46M 6,865.97M 6,831.68M 2,860.78M 2,355.25M 1,632.82M 1,556.98M 975.03M 837.50M 850.77M 701.54M 656.13M 612.75M 547.96M 507.37M 428.96M 209.07M 182.82M 171.00M
Property, Plant & Equipment 2,139.07M 2,169.77M 2,308.91M 890.93M 691.58M 446.82M 316.30M 304.08M 83.20M 67.64M 73.05M 73.59M 75.77M 68.54M 61.09M 30.29M 21.38M 12.40M 8.20M
Goodwill 1,122.48M 1,123.55M 1,335.72M 851.22M 737.66M 560.90M 466.13M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 2,428.37M 2,462.48M 2,405.63M 710.69M 525.76M 411.07M 363.74M 75.05M 67.17M 79.19M 85.96M 90.73M 90.08M 67.11M 47.82M 31.14M 139.31M 113.31M 95.64M
Long-Term Investments 0.00M 351.54M -592.36M 0.00M 0.00M -228.41M -521.97M 0.00M 0.00M 0.00M 0.00M -216.02M 0.03M -171.88M -190.62M -157.94M -4.90M -5.79M 0.00M
Tax Assets 1,577.15M 1,455.38M 1,051.79M 193.08M 119.27M 90.23M 81.48M 15.68M 17.49M 11.53M 8.41M 222.31M 4.12M 5.51M 6.26M 10.01M 14.45M 19.70M 14.17M
Other Non-Current Assets 1,374.76M 1,088.15M 1,912.17M 414.93M 201.56M 438.94M 562.85M 37.77M 35.17M 36.30M 33.50M 247.44M 7.86M 181.48M 198.47M 164.75M 13.39M 17.86M 6.53M
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
Total Non-Current Assets 8,641.82M 8,650.86M 8,421.86M 3,060.85M 2,275.82M 1,719.54M 1,268.52M 432.58M 203.03M 194.66M 200.92M 418.05M 177.86M 150.77M 123.03M 78.25M 183.63M 157.48M 124.55M
Total Assets 15,516.28M 15,516.83M 15,253.55M 5,921.63M 4,631.07M 3,352.36M 2,825.50M 1,407.62M 1,040.53M 1,045.43M 902.46M 1,074.18M 790.61M 698.73M 630.40M 507.21M 392.70M 340.30M 295.55M
Accounts Payable 1,552.13M 1,524.29M 1,817.85M 834.46M 671.66M 574.71M 399.19M 134.97M 110.12M 104.42M 66.45M 64.88M 70.32M 34.86M 35.51M 37.29M 28.74M 29.07M 16.59M
Short-Term Debt 1,010.66M 1,741.35M 1,476.53M 882.21M 392.25M 496.86M 239.48M 158.22M 43.98M 163.73M 78.97M 85.34M 65.08M 59.84M 42.84M 20.89M 0.00M 24.58M 43.60M
Tax Payables 182.05M 189.40M 286.87M 105.07M 73.75M 90.97M 47.98M 32.91M 29.13M 24.68M 22.86M 20.29M 14.89M 18.15M 19.43M 14.42M 9.49M 6.81M 7.39M
Deferred Revenue 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 Current Liabilities 406.81M 430.63M 974.78M 164.63M 260.26M 96.60M 40.27M 26.26M 33.38M 24.73M 21.52M 18.44M 21.12M 17.85M 12.84M 15.40M 43.59M 13.69M 5.19M
Total Current Liabilities 3,151.65M 3,885.66M 4,556.02M 1,986.37M 1,397.93M 1,259.15M 726.92M 352.35M 216.60M 317.55M 189.80M 188.94M 171.41M 130.70M 110.62M 87.99M 81.82M 74.15M 72.77M
Long-Term Debt 2,051.91M 1,292.01M 1,178.20M 198.92M 9.62M 37.73M 394.79M 22.56M 67.44M 18.02M 27.08M 37.82M 34.33M 38.58M 51.24M 17.77M 0.00M 14.74M 17.87M
Capital Lease Obligations 791.14M 808.42M 875.67M 515.19M 374.54M 231.90M 213.36M 209.06M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 721.13M 730.73M 245.62M 0.00M 3.42M 5.44M 0.84M 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 202.26M 279.02M 924.76M 143.00M 71.38M 37.21M 17.06M 10.67M 10.36M 10.10M 8.54M 7.45M 7.08M 6.88M 4.03M 6.49M 28.15M 11.10M 22.35M
Total Non-Current Liabilities 3,766.45M 3,110.18M 3,224.25M 857.10M 458.96M 312.28M 626.05M 242.29M 77.80M 28.11M 35.62M 45.27M 41.41M 45.46M 55.27M 24.26M 28.15M 25.84M 40.23M
Total Liabilities 6,918.10M 6,995.84M 7,780.27M 2,843.48M 1,856.88M 1,571.43M 1,352.97M 594.64M 294.41M 345.67M 225.42M 234.21M 212.82M 176.17M 165.89M 112.25M 109.97M 99.99M 113.00M
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 2,317.18M 2,317.18M 2,317.18M 1,738.23M 1,671.72M 811.28M 967.92M 352.72M 341.07M 330.38M 310.01M 261.25M 220.09M 157.19M 106.86M 40.92M 21.36M 21.36M 20.11M
Retained Earnings 1,005.21M 840.26M 1,063.86M 0.00M -8.41M -9.11M -6.97M 6.82M 301.48M 292.20M 269.02M 308.08M 250.12M 208.17M 153.16M 105.41M 0.00M 0.00M 0.00M
Accumulated OCI 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
Minority Interest 0.00M 0.00M 18.86M 19.55M 0.80M 1.43M 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 3,322.40M 3,157.44M 3,381.04M 1,738.23M 1,663.30M 802.18M 960.95M 359.54M 642.55M 622.58M 579.03M 569.33M 470.21M 365.36M 260.02M 146.32M 21.36M 21.36M 20.11M
Total Equity 3,322.40M 3,157.44M 3,399.91M 1,757.78M 1,664.10M 803.60M 960.95M 359.54M 642.55M 622.58M 579.03M 569.33M 470.21M 365.36M 260.02M 146.32M 21.36M 21.36M 20.11M
Total Liabilities & Equity 10,240.49M 10,153.28M 11,180.17M 4,601.25M 3,520.99M 2,375.03M 2,313.92M 954.18M 936.95M 968.24M 804.45M 803.54M 683.02M 541.53M 425.91M 258.58M 131.33M 121.35M 133.11M
Tangible Assets 11,965.43M 11,930.81M 11,512.19M 4,359.72M 3,367.66M 2,380.39M 1,995.64M 1,332.57M 973.36M 966.24M 816.49M 983.45M 700.53M 631.62M 582.58M 476.07M 253.38M 226.99M 199.91M
Tangible Equity -228.45M -428.58M -341.45M 195.87M 400.69M -168.37M 131.09M 284.49M 575.38M 543.38M 493.07M 478.60M 380.13M 298.25M 212.20M 115.18M -117.95M -91.95M -75.53M
Tangible Book Value -228.45M -428.58M -341.45M 195.87M 400.69M -168.37M 131.09M 284.49M 575.38M 543.38M 493.07M 478.60M 380.13M 298.25M 212.20M 115.18M -117.95M -91.95M -75.53M
Total Investments 560.58M 997.33M 1.03M 676.40M 447.61M 0.40M 0.90M 263.88M 227.30M 327.76M 237.82M 0.92M 0.03M 0.02M 0.02M 0.08M 0.10M 0.12M 0.00M
Net Debt 2,887.63M 2,856.00M 2,473.57M 1,007.81M 373.05M 500.84M 595.97M 166.98M 102.92M 171.59M 101.03M 114.33M 88.58M 84.63M 82.57M 23.13M -8.00M 0.33M 7.65M

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 3,248.9M 2,593.3M 2,314.6M 622.8M 748.1M 127.8M 653.5M 516.0M 586.1M 498.4M 504.4M 467.4M 439.9M 409.2M 386.1M 330.1M 115.3M 90.2M 91.1M
Total Capital 12,201.4M 12,181.3M 11,233.1M 4,505.9M 3,430.2M 2,357.1M 2,196.2M 1,135.9M 822.8M 846.7M 775.7M 741.1M 675.7M 613.0M 548.0M 422.7M 146.2M 158.9M 146.9M
Capital Employed 11,890.8M 11,244.2M 10,736.4M 3,683.6M 3,023.9M 1,847.3M 1,922.0M 948.6M 789.1M 693.1M 705.3M 663.2M 617.7M 560.0M 509.2M 408.3M 174.4M 145.4M 125.7M
Invested Capital 12,026.5M 12,004.0M 11,051.9M 4,432.5M 3,401.4M 2,323.3M 2,157.9M 1,122.1M 814.3M 836.5M 770.7M 732.2M 664.9M 599.2M 536.5M 407.2M 138.2M 119.9M 93.1M

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 753.18M 529.13M 341.73M 399.40M 424.71M 345.23M 48.58M 162.14M 142.64M 182.93M 157.00M 164.56M 161.49M 156.12M 133.50M 125.45M 89.29M 58.85M 0.00M
Depreciation & Amortization 700.93M 306.55M 414.86M 222.94M 166.03M 105.75M 81.10M 80.32M 40.88M 32.63M 25.82M 24.21M 13.23M 10.97M 7.56M 4.06M 2.67M 1.66M 0.00M
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 23.69M 11.93M 17.92M 17.35M 16.54M 7.59M 3.97M 3.81M 5.36M 6.01M 4.18M 4.75M 4.45M 3.93M 0.78M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -667.10M -258.19M -472.75M -108.76M -412.65M -169.07M 50.37M -50.89M -66.17M 4.59M -23.44M -48.32M -9.76M -55.23M -43.74M -47.45M -48.70M -0.85M 0.00M
Accounts Receivable -261.79M -296.20M -454.24M -184.74M -78.36M -206.45M -123.94M -68.59M -59.16M -70.07M -44.94M -19.08M -39.09M -42.96M -33.43M -45.87M -33.23M -15.06M 0.00M
Inventory -264.87M -218.57M -273.35M -29.14M -310.60M -166.68M -38.66M -33.21M -39.85M -6.07M -5.02M -11.75M -13.76M -9.31M -19.21M -8.52M -27.66M -6.91M 0.00M
Accounts Payable -226.79M 248.89M 205.51M 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 86.34M 7.69M 49.34M 105.12M -23.69M 204.07M 212.97M 50.91M 32.83M 80.72M 26.51M -17.48M 43.10M -2.96M 8.89M 6.94M 12.20M 21.12M 0.00M
Other Non-Cash Items -321.00M -292.83M 62.21M -118.34M -56.38M -47.56M 36.28M 9.50M -4.88M -54.34M -61.84M -53.95M -59.44M -50.76M -46.88M -39.02M -22.81M -19.74M -8.70M
Net Cash from Operating Activities 489.69M 296.59M 363.96M 412.59M 138.25M 241.94M 220.32M 204.88M 117.84M 171.83M 101.71M 91.25M 109.97M 65.03M 51.22M 43.04M 20.46M 39.91M -8.70M
Capital Expenditures (PPE) -482.86M -285.74M -418.96M -235.20M -233.14M -168.88M -46.19M -65.61M -48.61M -21.55M -25.07M -25.78M -50.53M -43.76M -57.45M -30.24M -14.18M -11.17M 0.00M
Acquisitions (Net) -24.26M 466.64M 466.88M -194.87M -89.74M -146.32M -63.40M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -8,017.55M -4,667.64M -5,562.19M -3,843.88M -4,080.01M -2,214.28M -2,027.53M -1,090.12M -1,010.08M -1,047.29M -818.21M -728.61M -436.18M -344.79M -361.34M -347.82M -1.39M -5.78M 0.00M
Sales / Maturities of Investments 8,091.91M 5,038.69M 6,039.34M 3,659.95M 3,895.64M 2,517.23M 1,838.51M 1,064.19M 1,124.50M 976.46M 819.20M 720.15M 433.86M 376.69M 340.52M 209.77M 2.68M 0.00M 0.00M
Other Investing Activities 0.00M 0.00M 0.00M 0.00M 0.00M 1.47M 1.33M 6.13M 6.44M 0.69M 3.12M 3.83M 4.83M 6.70M 0.00M 0.00M 0.00M 0.00M -8.42M
Net Cash from Investing Activities -432.76M 551.95M 525.07M -613.99M -507.25M -10.77M -297.28M -85.41M 72.24M -91.70M -20.96M -30.41M -48.02M -5.16M -78.26M -168.29M -12.89M -16.95M -8.42M
Net Debt Issuance 599.82M -314.88M -310.08M 694.37M -121.13M -115.21M 338.97M 64.27M -84.74M 71.97M -10.07M 17.29M -3.22M -3.71M 56.02M -12.11M -50.42M -44.25M 0.00M
Long-Term Debt Issuance 599.82M -314.88M -310.08M 694.37M -121.13M -115.21M 338.97M 64.27M -84.74M 71.97M -10.07M 17.29M -3.22M -3.71M 56.02M -12.11M -50.42M 0.00M 0.00M
Short-Term Debt 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 -50.42M -44.25M 0.00M
Net Stock Issuance -166.76M -3.83M -1.79M -11.25M 809.42M -11.61M -3.67M 11.64M 7.69M 19.17M 1.93M 1.05M 0.90M 1.19M 0.94M 195.59M 0.00M 1.25M 0.00M
Common Stock Issuance 0.00M -1.79M -1.79M 0.00M 835.47M 2.57M 0.00M 11.64M 10.70M 20.37M 1.93M 1.05M 0.90M 1.19M 0.94M 195.59M 0.00M 1.25M 0.00M
Common Stock Repurchased -166.76M -2.03M 0.00M -11.25M -26.06M -14.18M -3.67M 0.00M -3.01M -1.20M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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
Net Dividends Paid -118.75M -85.01M -60.00M -32.96M -76.22M -2.58M -28.58M -100.00M -73.80M -141.81M -29.96M -44.84M -31.97M -33.71M -13.10M -28.03M -39.49M -21.32M 0.00M
Common Dividends Paid -118.75M -85.01M -60.00M -32.96M -76.22M 0.00M -28.58M -100.00M -73.80M -141.81M -29.96M -44.84M -31.97M -33.71M -13.10M -28.03M -39.49M -21.32M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M -2.58M 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 -358.71M -350.05M -419.90M -407.23M -249.65M -104.12M -205.27M -90.19M -41.71M -24.38M -45.92M -35.58M -30.62M -21.38M -20.83M -22.67M 51.35M 26.52M 22.79M
Net Cash from Financing Activities -44.40M -753.76M -791.77M 242.93M 362.43M -233.51M 101.45M -114.28M -192.56M -75.05M -84.02M -62.08M -64.90M -57.61M 23.03M 132.78M -38.55M -37.80M 22.79M
Effect of FX on Cash -0.03M 6.96M 10.59M 2.96M 1.65M -2.20M 0.00M 0.12M 0.83M 0.05M -0.53M -0.77M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash 12.51M 101.74M 107.84M 44.49M -4.92M -4.55M 24.49M 5.31M -1.66M 5.14M -3.80M -2.01M -2.96M 2.27M -4.01M 7.52M -30.99M -14.83M 5.66M
Cash at Beginning of Period 656.92M 240.94M 73.32M 28.83M 33.75M 38.30M 13.81M 8.50M 10.16M 5.02M 8.82M 10.83M 13.79M 11.52M 15.53M 8.00M 38.99M 53.83M 48.16M
Cash at End of Period 669.43M 342.67M 181.16M 73.32M 28.83M 33.75M 38.30M 13.81M 8.50M 10.16M 5.02M 8.82M 10.83M 13.79M 11.52M 15.53M 8.00M 38.99M 53.83M
Operating Cash Flow 489.69M 296.59M 363.96M 412.59M 138.25M 241.94M 220.32M 204.88M 117.84M 171.83M 101.71M 91.25M 109.97M 65.03M 51.22M 43.04M 20.46M 39.91M -8.70M
Capital Expenditure -482.86M -285.74M -418.96M -235.20M -233.14M -168.88M -46.19M -65.61M -48.61M -21.55M -25.07M -25.78M -50.53M -43.76M -57.45M -30.24M -14.18M -11.17M 0.00M
Free Cash Flow 6.83M 10.85M -55.01M 177.39M -94.89M 73.06M 174.13M 139.28M 69.22M 150.28M 76.64M 65.47M 59.43M 21.27M -6.22M 12.80M 6.27M 28.74M -8.70M

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 1,687.53M 878.10M 996.13M 742.80M 630.05M 443.80M 144.13M 247.64M 231.77M 208.37M 179.55M 167.97M 165.01M 158.45M 140.51M 116.06M 92.04M 57.88M 36.74M
(-) Tax Adjustment 590.64M 0.00M 348.64M 0.00M 67.06M 66.08M 15.78M 51.70M 37.29M 32.42M 46.72M 45.83M 49.80M 46.24M 38.55M 31.31M 25.52M 9.95M 12.86M
(-) Change In Working Capital -667.10M -258.19M -472.75M -108.76M -412.65M -169.07M 50.37M -50.89M -66.17M 4.59M -23.44M -48.32M -9.76M -55.23M -43.74M -47.45M -48.70M -0.85M 0.00M
(-) Capital Expenditure -482.86M -285.74M -418.96M -235.20M -233.14M -168.88M -46.19M -65.61M -48.61M -21.55M -25.07M -25.78M -50.53M -43.76M -57.45M -30.24M -14.18M -11.17M 0.00M
Unlevered Free Cash Flow 1,281.14M 850.55M 701.27M 616.36M 742.50M 377.90M 31.79M 181.21M 212.03M 149.81M 131.21M 144.69M 74.44M 123.68M 88.25M 101.97M 101.03M 37.62M 23.88M
(-) Net Interest Income After Taxes -415.92M -289.41M -265.38M -199.24M -44.21M -66.13M -41.77M -19.21M -17.19M -11.36M -11.76M -7.73M -5.45M 10.08M 9.96M 8.43M -2.67M -1.74M -6.57M
Net Debt Issuance 599.82M -314.88M -310.08M 694.37M -121.13M -115.21M 338.97M 64.27M -84.74M 71.97M -10.07M 17.29M -3.22M -3.71M 56.02M -12.11M -50.42M -44.25M 0.00M
Levered Free Cash Flow 2,296.88M 825.08M 656.57M 1,509.97M 665.58M 328.82M 412.53M 264.69M 144.48M 233.14M 132.90M 169.70M 76.68M 109.90M 134.31M 81.42M 53.29M -4.90M 30.45M