Page: Company Financials
Demant A/S
$224.40
-8.80 (-3.77%)
As of: 2026-01-27
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 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 283.00 | 292.25 | 229.43 | 344.05 | 207.75 | 207.15 | 222.10 | 169.50 | 126.40 | 116.75 | 96.32 | 99.63 | 101.43 | 94.18 | 85.95 | 66.70 | 53.05 | 101.70 | 89.40 | 65.50 | 48.80 | 34.75 | 35.25 |
| Market Capitalization | 61,181.76M | 65,215.51M | 51,926.91M | 80,883.13M | 49,823.08M | 50,450.00M | 55,403.74M | 43,485.54M | 33,345.46M | 31,631.75M | 26,761.51M | 28,204.10M | 28,846.58M | 27,406.38M | 25,097.40M | 19,476.40M | 15,588.74M | 30,824.39M | 28,051.21M | 21,295.79M | 16,360.86M | 12,154.45M | 12,921.74M |
| (-) Cash & Equivalents | 1,080.00M | 1,148.00M | 1,187.50M | 1,196.50M | 935.50M | 703.00M | 696.50M | 706.00M | 708.00M | 622.50M | 441.00M | 353.50M | 327.00M | 265.50M | 230.65M | 37.98M | 35.43M | 37.80M | 33.78M | 33.67M | 31.61M | 27.04M | 29.12M |
| (+) Total Debt | 15,754.00M | 14,432.00M | 14,248.50M | 11,037.50M | 9,610.50M | 9,593.00M | 6,821.50M | 5,594.00M | 5,448.00M | 4,408.50M | 3,415.50M | 3,196.50M | 3,042.50M | 2,240.50M | 2,413.45M | 500.58M | 566.88M | 534.59M | 414.08M | 340.23M | 282.70M | 0.00M | 0.00M |
| Enterprise Value | 75,855.76M | 78,499.51M | 64,987.91M | 90,724.13M | 58,498.08M | 59,340.00M | 61,528.74M | 48,373.54M | 38,085.46M | 35,417.75M | 29,736.01M | 31,047.10M | 31,562.08M | 29,381.38M | 27,280.20M | 19,939.00M | 16,120.19M | 31,321.18M | 28,431.51M | 21,602.35M | 16,611.95M | 12,127.42M | 12,892.62M |
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 | 2002-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 45,022M | 40,043M | 22,419M | 22,443M | 19,705M | 18,388M | 14,469M | 14,946M | 13,937M | 13,189M | 12,002M | 10,665M | 9,346M | 9,209M | 8,555M | 8,041M | 6,892M | 5,701M | 5,374M | 5,488M | 5,085M | 4,523M | 4,303M | 3,870M | 3,924M |
| Cost of Revenue | 10,952M | 10,358M | 5,329M | 5,899M | 5,036M | 4,634M | 4,276M | 3,621M | 3,153M | 3,163M | 2,972M | 2,770M | 2,533M | 2,537M | 2,428M | 2,264M | 1,934M | 1,666M | 1,648M | 1,029M | 939M | 878M | 971M | 1,348M | 1,418M |
| Gross Profit | 34,070M | 29,685M | 17,090M | 16,544M | 14,669M | 13,754M | 10,193M | 11,325M | 10,784M | 10,026M | 9,030M | 7,895M | 6,813M | 6,672M | 6,127M | 5,777M | 4,959M | 4,035M | 3,725M | 4,460M | 4,146M | 3,645M | 3,331M | 2,521M | 2,505M |
| Gross Profit Margin | 75.7% | 74.1% | 76.2% | 73.7% | 74.4% | 74.8% | 70.4% | 75.8% | 77.4% | 76.0% | 75.2% | 74.0% | 72.9% | 72.5% | 71.6% | 71.8% | 71.9% | 70.8% | 69.3% | 81.3% | 81.5% | 80.6% | 77.4% | 65.2% | 63.9% |
| R&D Expenses | 2,828M | 2,715M | 1,347M | 1,410M | 1,314M | 1,350M | 1,261M | 1,120M | 1,009M | 919M | 839M | 763M | 680M | 664M | 652M | 633M | 615M | 576M | 533M | 216M | 197M | 166M | 114M | 295M | 272M |
| SG&A Expenses | 23,047M | 20,192M | 11,391M | 11,036M | 10,270M | 9,178M | 7,907M | 8,272M | 7,377M | 6,822M | 6,330M | 5,302M | 4,437M | 4,224M | 3,834M | 3,441M | 2,919M | 2,309M | 2,153M | 235M | 106M | 90M | 80M | 1,372M | 1,424M |
| Operating Expenses | 25,729M | 22,907M | 12,686M | 12,396M | 11,584M | 10,429M | 9,168M | 9,292M | 8,386M | 7,741M | 7,169M | 6,065M | 5,117M | 4,888M | 4,486M | 4,068M | 3,529M | 2,885M | 2,507M | 3,263M | 2,880M | 2,555M | 2,330M | 1,666M | 1,695M |
| Operating Income (EBIT) | 8,341M | 6,778M | 4,404M | 4,148M | 3,085M | 3,325M | 1,025M | 2,033M | 2,398M | 2,285M | 1,861M | 1,830M | 1,696M | 1,784M | 1,641M | 1,709M | 1,430M | 1,150M | 1,219M | 1,197M | 1,266M | 1,089M | 1,001M | 856M | 810M |
| Operating Income Margin | 18.5% | 16.9% | 19.6% | 18.5% | 15.7% | 18.1% | 7.1% | 13.6% | 17.2% | 17.3% | 15.5% | 17.2% | 18.1% | 19.4% | 19.2% | 21.3% | 20.7% | 20.2% | 22.7% | 21.8% | 24.9% | 24.1% | 23.3% | 22.1% | 20.6% |
| Interest Income | 270M | 94M | 101M | -53M | 56M | 38M | 33M | 39M | 37M | 43M | 40M | 41M | 39M | 42M | 43M | 40M | 32M | 29M | 29M | 23M | 18M | 15M | 11M | 0M | 0M |
| Interest Expense | 2,272M | 714M | 652M | 559M | 195M | 109M | 117M | 163M | 98M | 157M | 137M | 40M | 40M | 54M | 97M | 143M | 148M | 89M | 169M | 103M | 65M | 52M | 49M | 28M | 31M |
| Net Interest Income | -2,002M | -620M | -551M | -612M | -139M | -71M | -84M | -124M | -61M | -114M | -97M | 1M | -1M | -12M | -54M | -103M | -116M | -60M | -139M | -79M | -47M | -37M | -38M | -28M | -31M |
| Unusual Items | 551M | -94M | -137M | -142M | -19M | -11M | 395M | 2M | 31M | 56M | 77M | -22M | -4M | -60M | -66M | 0M | 1M | -34M | -176M | 53M | -10M | 14M | 2M | 0M | 0M |
| EBT Excluding Unusual Items | 6,339M | 6,158M | 3,853M | 3,536M | 2,946M | 3,254M | 941M | 1,909M | 2,337M | 2,171M | 1,764M | 1,831M | 1,695M | 1,772M | 1,587M | 1,606M | 1,314M | 1,090M | 1,079M | 1,117M | 1,219M | 1,052M | 963M | 827M | 779M |
| Pre-Tax Income | 6,890M | 6,064M | 3,716M | 3,394M | 2,927M | 3,243M | 1,336M | 1,911M | 2,368M | 2,227M | 1,841M | 1,809M | 1,691M | 1,712M | 1,521M | 1,606M | 1,314M | 1,055M | 903M | 1,171M | 1,209M | 1,066M | 965M | 827M | 779M |
| Pre-Tax Margin | 15.3% | 15.1% | 16.6% | 15.1% | 14.9% | 17.6% | 9.2% | 12.8% | 17.0% | 16.9% | 15.3% | 17.0% | 18.1% | 18.6% | 17.8% | 20.0% | 19.1% | 18.5% | 16.8% | 21.3% | 23.8% | 23.6% | 22.4% | 21.4% | 19.9% |
| Income Tax Expense | 1,600M | 1,410M | 824M | 839M | 651M | 715M | 202M | 444M | 538M | 468M | 377M | 370M | 364M | 401M | 370M | 407M | 326M | 260M | 221M | 276M | 308M | 275M | 248M | 209M | 201M |
| Net Income | 4,707M | 4,002M | 2,387M | 1,795M | 2,082M | 2,513M | 1,121M | 1,462M | 1,823M | 1,754M | 1,459M | 1,436M | 1,326M | 1,310M | 1,153M | 1,199M | 988M | 795M | 682M | 894M | 901M | 791M | 717M | 618M | 579M |
| Net Income Margin | 10.5% | 10.0% | 10.6% | 8.0% | 10.6% | 13.7% | 7.7% | 9.8% | 13.1% | 13.3% | 12.2% | 13.5% | 14.2% | 14.2% | 13.5% | 14.9% | 14.3% | 13.9% | 12.7% | 16.3% | 17.7% | 17.5% | 16.7% | 16.0% | 14.7% |
| Depreciation & Amortization | 1,542M | 540M | 1,435M | 1,293M | 1,176M | 1,013M | 1,011M | 924M | 410M | 373M | 378M | 296M | 264M | 277M | 233M | 40M | 0M | 192M | -147M | 105M | 165M | 134M | 136M | 0M | 0M |
| EBITDA | 9,883M | 7,318M | 5,839M | 5,441M | 4,261M | 4,338M | 2,036M | 2,957M | 2,808M | 2,658M | 2,239M | 2,126M | 1,960M | 2,061M | 1,874M | 1,749M | 1,430M | 1,342M | 1,072M | 1,301M | 1,432M | 1,223M | 1,137M | 856M | 810M |
| EBITDA Margin | 22.0% | 18.3% | 26.0% | 24.2% | 21.6% | 23.6% | 14.1% | 19.8% | 20.1% | 20.2% | 18.7% | 19.9% | 21.0% | 22.4% | 21.9% | 21.8% | 20.7% | 23.5% | 19.9% | 23.7% | 28.2% | 27.0% | 26.4% | 22.1% | 20.7% |
| NOPAT | 6,404M | 5,202M | 3,427M | 3,123M | 2,399M | 2,592M | 870M | 1,561M | 1,853M | 1,805M | 1,480M | 1,456M | 1,331M | 1,366M | 1,242M | 1,276M | 1,075M | 866M | 921M | 914M | 943M | 808M | 744M | 639M | 601M |
| NOPAT Margin | 14.2% | 13.0% | 15.3% | 13.9% | 12.2% | 14.1% | 6.0% | 10.4% | 13.3% | 13.7% | 12.3% | 13.6% | 14.2% | 14.8% | 14.5% | 15.9% | 15.6% | 15.2% | 17.1% | 16.7% | 18.5% | 17.9% | 17.3% | 16.5% | 15.3% |
| Owner's Earnings | 4,788M | 2,259M | 3,043M | 2,434M | 2,334M | 2,804M | 1,451M | 1,620M | 1,615M | 1,689M | 1,366M | 1,291M | 1,138M | 1,175M | 1,043M | 830M | 714M | 742M | 107M | 875M | 852M | 629M | 692M | 618M | 579M |
| Owner's Earnings Margin | 10.6% | 5.6% | 13.6% | 10.8% | 11.8% | 15.2% | 10.0% | 10.8% | 11.6% | 12.8% | 11.4% | 12.1% | 12.2% | 12.8% | 12.2% | 10.3% | 10.4% | 13.0% | 2.0% | 15.9% | 16.7% | 13.9% | 16.1% | 16.0% | 14.8% |
| EPS (Basic) | 22.49 | 17.57 | 11.10 | 8.04 | 9.21 | 10.70 | 4.68 | 6.00 | 7.32 | 6.84 | 5.53 | 5.30 | 4.76 | 4.54 | 4.04 | 4.12 | 3.38 | 2.72 | 2.32 | 2.96 | 2.88 | 2.44 | 2.14 | 1.76 | 1.58 |
| EPS (Diluted) | 21.72 | 17.64 | 10.99 | 8.04 | 9.21 | 10.70 | 4.68 | 6.00 | 7.32 | 6.84 | 5.53 | 5.32 | 4.77 | 4.63 | 4.05 | 4.12 | 3.38 | 2.73 | 2.32 | 2.95 | 2.87 | 2.43 | 2.14 | 1.77 | 1.58 |
| Shares (Basic) | 216M | 227M | 217M | 223M | 226M | 235M | 240M | 244M | 249M | 257M | 264M | 270M | 278M | 283M | 285M | 291M | 292M | 292M | 294M | 303M | 314M | 325M | 335M | 350M | 367M |
| Shares (Diluted) | 217M | 227M | 217M | 223M | 226M | 235M | 240M | 244M | 249M | 257M | 264M | 270M | 278M | 283M | 285M | 291M | 292M | 292M | 294M | 303M | 314M | 325M | 335M | 350M | 367M |
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 | 2002-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 1,142.00M | 1,112.00M | 1,112.00M | 1,138.00M | 1,130.00M | 1,172.00M | 952.00M | 792.00M | 630.00M | 697.00M | 710.00M | 674.00M | 443.00M | 363.00M | 307.00M | 288.00M | 240.40M | 151.90M | 141.70M | 151.19M | 135.13M | 134.69M | 126.43M | 108.14M | 116.48M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 1,142.00M | 1,112.00M | 1,112.00M | 1,138.00M | 1,130.00M | 1,172.00M | 952.00M | 792.00M | 630.00M | 697.00M | 710.00M | 674.00M | 443.00M | 363.00M | 307.00M | 288.00M | 240.40M | 151.90M | 141.70M | 151.19M | 135.13M | 134.69M | 126.43M | 108.14M | 116.48M |
| Net Receivables | 3,503.00M | 4,372.00M | 4,372.00M | 3,650.00M | 4,527.00M | 4,034.00M | 3,423.00M | 4,014.00M | 3,442.00M | 2,748.00M | 2,691.00M | 2,395.00M | 2,283.00M | 2,139.00M | 1,996.00M | 1,902.00M | 1,704.30M | 1,271.30M | 1,185.30M | 1,191.72M | 977.43M | 918.12M | 856.45M | 0.00M | 0.00M |
| Inventory | 2,542.00M | 2,500.00M | 2,500.00M | 2,845.00M | 2,904.00M | 2,366.00M | 1,968.00M | 1,852.00M | 1,641.00M | 1,351.00M | 1,300.00M | 1,324.00M | 1,203.00M | 1,147.00M | 1,014.00M | 1,082.00M | 993.10M | 796.50M | 750.30M | 747.14M | 621.05M | 632.34M | 602.65M | 573.01M | 614.08M |
| Other Current Assets | 2,521.00M | 1,502.00M | 1,502.00M | 1,336.00M | 1,968.00M | 837.00M | 696.00M | 818.00M | 691.00M | 511.00M | 487.00M | 419.00M | 296.00M | 322.00M | 2,027.00M | 1,902.00M | 30.40M | 3.50M | 1,185.30M | 1,191.70M | 1,040.13M | 918.12M | 856.45M | 756.82M | 705.99M |
| Total Current Assets | 9,708.00M | 9,486.00M | 9,486.00M | 8,969.00M | 10,529.00M | 8,409.00M | 7,039.00M | 7,476.00M | 6,404.00M | 5,307.00M | 5,188.00M | 4,812.00M | 4,225.00M | 3,971.00M | 5,344.00M | 5,174.00M | 2,968.20M | 2,223.20M | 3,262.60M | 3,281.75M | 2,773.74M | 2,603.26M | 2,441.98M | 1,437.97M | 1,436.54M |
| Property, Plant & Equipment | 5,292.00M | 5,574.00M | 5,574.00M | 5,409.00M | 4,857.00M | 4,356.00M | 3,986.00M | 3,998.00M | 1,823.00M | 1,718.00M | 1,742.00M | 1,768.00M | 1,664.00M | 1,496.00M | 1,372.00M | 1,276.00M | 1,110.30M | 976.80M | 950.30M | 977.47M | 910.17M | 856.24M | 620.56M | 438.84M | 430.28M |
| Goodwill | 13,903.00M | 13,854.00M | 13,854.00M | 12,381.00M | 11,488.00M | 9,471.00M | 8,320.00M | 7,826.00M | 7,211.00M | 6,339.00M | 6,276.00M | 5,660.00M | 3,831.00M | 3,548.00M | 2,568.00M | 1,976.00M | 1,660.00M | 0.00M | 400.10M | 222.52M | 86.71M | 54.34M | 43.10M | 7.14M | 8.58M |
| Intangible Assets | 860.00M | 1,212.00M | 1,212.00M | 1,159.00M | 1,094.00M | 846.00M | 784.00M | 750.00M | 655.00M | 553.00M | 492.00M | 317.00M | 65.00M | 70.00M | 80.00M | 79.00M | 94.00M | 1,271.30M | 21.20M | 18.29M | 8.99M | 9.68M | 16.33M | 13.62M | 11.19M |
| Long-Term Investments | 370.00M | 372.00M | 372.00M | 0.00M | 1,858.00M | 1,705.00M | 1,597.00M | 1,759.00M | 1,728.00M | 2,170.00M | 1,738.00M | 1,676.00M | 539.00M | 470.00M | 290.00M | 0.00M | 0.00M | 0.00M | 252.60M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Assets | 627.00M | 588.00M | 588.00M | 542.00M | 538.00M | 596.00M | 553.00M | 551.00M | 513.00M | 372.00M | 396.00M | 376.00M | 238.00M | 267.00M | 268.00M | 278.00M | 265.60M | 146.20M | 160.80M | 134.59M | 112.66M | 100.77M | 70.19M | 0.00M | 0.00M |
| Other Non-Current Assets | 1,385.00M | 929.00M | 929.00M | 1,671.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -270.00M | -225.00M | -215.00M | 833.00M | 682.00M | 747.00M | 675.00M | 594.80M | 353.50M | 16.30M | 231.81M | 171.86M | 151.67M | 73.97M | 91.52M | 69.39M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 22,437.00M | 22,529.00M | 22,529.00M | 21,162.00M | 19,835.00M | 16,974.00M | 15,240.00M | 14,884.00M | 11,930.00M | 10,882.00M | 10,419.00M | 9,582.00M | 7,170.00M | 6,533.00M | 5,325.00M | 4,284.00M | 3,724.70M | 2,747.80M | 1,801.30M | 1,584.68M | 1,290.40M | 1,172.70M | 824.14M | 551.12M | 519.43M |
| Total Assets | 32,145.00M | 32,015.00M | 32,015.00M | 30,131.00M | 30,364.00M | 25,383.00M | 22,279.00M | 22,360.00M | 18,334.00M | 16,189.00M | 15,607.00M | 14,394.00M | 11,395.00M | 10,504.00M | 10,669.00M | 9,458.00M | 6,692.90M | 4,971.00M | 5,063.90M | 4,866.43M | 4,064.14M | 3,775.96M | 3,266.12M | 1,989.09M | 1,955.97M |
| Accounts Payable | 964.00M | 658.00M | 658.00M | 799.00M | 865.00M | 808.00M | 802.00M | 652.00M | 499.00M | 516.00M | 513.00M | 486.00M | 342.00M | 350.00M | 351.00M | 405.00M | 342.00M | 221.80M | 219.40M | 232.40M | 180.61M | 218.59M | 164.72M | 0.00M | 0.00M |
| Short-Term Debt | 263.00M | 423.00M | 423.00M | 1,597.00M | 6,598.00M | 6,422.00M | 3,612.00M | 5,513.00M | 4,964.00M | 3,258.00M | 3,547.00M | 3,051.00M | 3,507.00M | 0.00M | 2,631.00M | 1,290.00M | 1,453.70M | 1,617.80M | 1,749.60M | 1,623.31M | 1,060.93M | 676.87M | 673.11M | 0.00M | 0.00M |
| Tax Payables | 0.00M | 603.00M | 603.00M | 578.00M | 311.00M | 267.00M | 131.00M | 66.00M | 57.00M | 72.00M | 148.00M | 145.00M | 68.00M | 65.00M | 54.00M | 45.00M | 77.60M | 33.50M | 0.00M | 28.99M | 19.32M | 15.70M | 20.41M | 0.00M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 548.00M | 513.00M | 930.00M | 703.00M | 740.00M | 628.00M | 385.00M | 530.00M | 495.00M | 381.00M | 285.00M | 312.00M | 254.00M | 281.20M | 793.50M | 528.20M | 28.99M | 19.32M | 15.70M | 452.12M | 0.00M | 0.00M |
| Other Current Liabilities | 3,919.00M | 3,744.00M | 3,744.00M | 2,696.00M | 2,979.00M | 2,731.00M | 1,837.00M | 1,605.00M | 1,506.00M | 1,929.00M | 1,626.00M | 1,189.00M | 1,104.00M | 4,106.00M | 998.00M | 1,082.00M | 777.80M | 636.20M | 513.90M | 558.05M | 524.21M | 480.53M | 432.67M | 886.80M | 809.76M |
| Total Current Liabilities | 5,146.00M | 5,428.00M | 5,428.00M | 6,218.00M | 11,266.00M | 11,158.00M | 7,085.00M | 8,576.00M | 7,654.00M | 6,160.00M | 6,364.00M | 5,366.00M | 5,402.00M | 4,806.00M | 4,346.00M | 3,076.00M | 2,932.30M | 3,302.80M | 3,011.10M | 2,471.73M | 1,804.38M | 1,407.37M | 1,743.02M | 886.80M | 809.76M |
| Long-Term Debt | 13,239.00M | 12,487.00M | 12,487.00M | 10,171.00M | 6,098.00M | 2,795.00M | 3,499.00M | 2,512.00M | 2,164.00M | 2,307.00M | 1,960.00M | 2,080.00M | 1.00M | 71.00M | 68.00M | 1,005.00M | 1,044.60M | 384.50M | 517.90M | 515.05M | 595.39M | 684.05M | 457.67M | 0.00M | 0.00M |
| Capital Lease Obligations | 2,677.00M | 2,771.00M | 2,771.00M | 2,686.00M | 2,380.00M | 2,121.00M | 1,893.00M | 1,964.00M | 0.00M | 0.00M | 8.00M | 8.00M | 9.00M | 10.00M | 14.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Tax Liabilities | 656.00M | 634.00M | 634.00M | 633.00M | 620.00M | 470.00M | 339.00M | 314.00M | 232.00M | 159.00M | 152.00M | 125.00M | 134.00M | 146.00M | 148.00M | 113.00M | 86.30M | 58.10M | 56.40M | 43.60M | 51.54M | 35.80M | 27.00M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 608.00M | 674.00M | 674.00M | 862.00M | 741.00M | 608.00M | 618.00M | 486.00M | 425.00M | 412.00M | 458.00M | 384.00M | 274.00M | 362.00M | 258.00M | 190.00M | 156.00M | 177.20M | 137.00M | 120.99M | 31.71M | 25.39M | 19.79M | 606.01M | 754.04M |
| Total Non-Current Liabilities | 17,180.00M | 16,566.00M | 16,566.00M | 14,352.00M | 9,839.00M | 5,994.00M | 6,349.00M | 5,276.00M | 2,821.00M | 2,878.00M | 2,578.00M | 2,597.00M | 418.00M | 589.00M | 488.00M | 1,308.00M | 1,286.90M | 619.80M | 711.30M | 679.65M | 678.64M | 745.24M | 504.47M | 606.01M | 754.04M |
| Total Liabilities | 22,326.00M | 21,994.00M | 21,994.00M | 20,570.00M | 21,105.00M | 17,152.00M | 13,434.00M | 13,852.00M | 10,475.00M | 9,038.00M | 8,942.00M | 7,963.00M | 5,820.00M | 5,395.00M | 4,834.00M | 4,384.00M | 4,219.20M | 3,922.60M | 3,722.40M | 3,151.38M | 2,483.02M | 2,152.61M | 2,247.49M | 1,492.81M | 1,563.79M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 43.00M | 44.00M | 44.00M | 45.00M | 46.00M | 48.00M | 48.00M | 49.00M | 50.00M | 52.00M | 53.00M | 54.00M | 57.00M | 57.00M | 58.00M | 58.00M | 58.40M | 59.00M | 59.00M | 60.99M | 63.32M | 65.57M | 67.52M | 70.29M | 74.71M |
| Retained Earnings | 9,968.00M | 9,410.00M | 9,410.00M | 9,292.00M | 8,371.00M | 7,975.00M | 8,561.00M | 7,574.00M | 7,101.00M | 7,450.00M | 6,720.00M | 6,317.00M | 5,506.00M | 5,079.00M | 3,890.00M | 0.00M | 0.00M | 0.00M | 0.00M | 353.63M | 551.24M | 590.78M | 578.06M | 451.87M | 353.05M |
| Accumulated OCI | -615.00M | 110.00M | 110.00M | -81.00M | 144.00M | -46.00M | -359.00M | 13.00M | -101.00M | -75.00M | 188.00M | 54.00M | 23.00M | -79.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 79.00M | 80.00M | 80.00M | 82.00M | 1.00M | 4.00M | 29.00M | 9.00M | 9.00M | 6.00M | 5.00M | 1.00M | -2.00M | -1.00M | -2.00M | 4.00M | 0.00M | 0.00M | 0.00M | 8.67M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 9,396.00M | 9,564.00M | 9,564.00M | 9,256.00M | 8,561.00M | 7,977.00M | 8,250.00M | 7,636.00M | 7,050.00M | 7,427.00M | 6,961.00M | 6,425.00M | 5,586.00M | 5,057.00M | 3,948.00M | 58.00M | 58.40M | 59.00M | 59.00M | 414.62M | 614.57M | 656.34M | 645.57M | 522.16M | 427.77M |
| Total Equity | 9,475.00M | 9,644.00M | 9,644.00M | 9,338.00M | 8,562.00M | 7,981.00M | 8,279.00M | 7,645.00M | 7,059.00M | 7,433.00M | 6,966.00M | 6,426.00M | 5,584.00M | 5,056.00M | 3,946.00M | 62.00M | 58.40M | 59.00M | 59.00M | 423.29M | 614.57M | 656.34M | 645.57M | 522.16M | 427.77M |
| Total Liabilities & Equity | 31,801.00M | 31,638.00M | 31,638.00M | 29,908.00M | 29,667.00M | 25,133.00M | 21,713.00M | 21,497.00M | 17,534.00M | 16,471.00M | 15,908.00M | 14,389.00M | 11,404.00M | 10,451.00M | 8,780.00M | 4,446.00M | 4,277.60M | 3,981.60M | 3,781.40M | 3,574.67M | 3,097.58M | 2,808.95M | 2,893.06M | 2,014.97M | 1,991.56M |
| Tangible Assets | 17,382.00M | 16,949.00M | 16,949.00M | 16,591.00M | 17,782.00M | 15,066.00M | 13,175.00M | 13,784.00M | 10,468.00M | 9,297.00M | 8,839.00M | 8,417.00M | 7,499.00M | 6,886.00M | 8,021.00M | 7,403.00M | 4,938.90M | 3,699.70M | 4,642.60M | 4,625.62M | 3,968.44M | 3,711.94M | 3,206.70M | 1,968.33M | 1,936.20M |
| Tangible Equity | -5,288.00M | -5,422.00M | -5,422.00M | -4,202.00M | -4,020.00M | -2,336.00M | -825.00M | -931.00M | -807.00M | 541.00M | 198.00M | 449.00M | 1,688.00M | 1,438.00M | 1,298.00M | -1,993.00M | -1,695.60M | -1,212.30M | -362.30M | 182.48M | 518.86M | 592.33M | 586.15M | 501.40M | 408.00M |
| Tangible Book Value | -5,288.00M | -5,422.00M | -5,422.00M | -4,202.00M | -4,020.00M | -2,336.00M | -825.00M | -931.00M | -807.00M | 541.00M | 198.00M | 449.00M | 1,688.00M | 1,438.00M | 1,298.00M | -1,993.00M | -1,695.60M | -1,212.30M | -362.30M | 182.48M | 518.86M | 592.33M | 586.15M | 501.40M | 408.00M |
| Total Investments | 370.00M | 372.00M | 372.00M | 0.00M | 1,858.00M | 1,705.00M | 1,597.00M | 1,759.00M | 1,728.00M | 2,170.00M | 1,738.00M | 1,676.00M | 539.00M | 470.00M | 290.00M | 105.00M | 89.60M | 24.00M | 252.60M | 8.93M | 9.35M | 7.33M | 5.87M | 98.66M | 77.97M |
| Net Debt | 12,360.00M | 11,798.00M | 11,798.00M | 10,630.00M | 11,566.00M | 8,045.00M | 6,159.00M | 7,233.00M | 6,498.00M | 4,868.00M | 4,797.00M | 4,457.00M | 3,065.00M | -292.00M | 2,392.00M | 2,007.00M | 2,257.90M | 1,850.40M | 2,125.80M | 1,987.17M | 1,521.19M | 1,226.23M | 1,004.35M | -108.14M | -116.48M |
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 | 2002-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 4,409.0M | 3,826.0M | 3,826.0M | 2,522.0M | -1,547.0M | -3,087.0M | -687.0M | -1,930.0M | -1,481.0M | -363.0M | -705.0M | -321.0M | -1,133.0M | -839.0M | -784.0M | 529.0M | 193.6M | -409.6M | -549.5M | -470.3M | 59.0M | 329.0M | 325.9M | 577.0M | 662.4M |
| Total Capital | 25,575.0M | 25,245.0M | 25,245.0M | 23,710.0M | 23,637.0M | 19,315.0M | 17,254.0M | 17,625.0M | 14,263.0M | 12,992.0M | 12,468.0M | 11,629.0M | 9,098.0M | 8,274.0M | 6,774.0M | 5,612.0M | 4,941.5M | 3,304.4M | 2,808.0M | 2,564.5M | 2,327.1M | 2,117.4M | 1,776.4M | 522.2M | 427.8M |
| Capital Employed | 26,846.0M | 26,355.0M | 26,355.0M | 23,684.0M | 18,288.0M | 13,887.0M | 14,553.0M | 12,954.0M | 10,449.0M | 10,519.0M | 9,714.0M | 9,261.0M | 6,037.0M | 5,694.0M | 4,541.0M | 4,813.0M | 3,918.2M | 1,921.9M | 1,251.8M | 1,114.4M | 1,349.4M | 1,501.7M | 1,150.0M | 1,128.2M | 1,181.8M |
| Invested Capital | 24,433.0M | 24,133.0M | 24,133.0M | 22,572.0M | 22,507.0M | 18,143.0M | 16,302.0M | 16,833.0M | 13,633.0M | 12,295.0M | 11,758.0M | 10,955.0M | 8,655.0M | 7,911.0M | 6,467.0M | 5,324.0M | 4,701.1M | 3,152.5M | 2,666.3M | 2,413.3M | 2,192.0M | 1,982.7M | 1,649.9M | 414.0M | 311.3M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 5,149.00M | 6,466.00M | 4,528.00M | 4,148.00M | 3,207.00M | 3,445.00M | 1,530.00M | 2,151.00M | 2,532.00M | 2,338.00M | 1,942.00M | 1,878.00M | 1,761.00M | 1,784.00M | 1,653.00M | 1,709.00M | 1,429.90M | 1,149.40M | 682.40M | 1,267.64M | 1,270.60M | 1,102.81M | 1,003.72M | 618.28M | 578.57M |
| Depreciation & Amortization | 1,397.00M | 2,081.50M | 1,435.00M | 1,334.00M | 1,176.00M | 1,086.00M | 1,048.00M | 959.00M | 446.00M | 404.00M | 404.00M | 325.00M | 294.00M | 295.00M | 267.00M | 0.00M | 0.00M | 191.70M | 0.00M | 168.60M | 162.73M | 115.26M | 124.56M | 0.12M | 0.11M |
| Deferred Income Tax | -422.00M | -297.00M | 0.00M | 0.00M | -80.00M | -65.00M | -50.00M | -7.90M | 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 | 19.00M | 6.00M | 0.00M | 38.00M | 32.00M | 18.00M | 50.00M | 7.90M | 5.00M | 3.00M | 1.20M | 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 | -432.00M | -1,383.00M | -156.00M | 6.00M | -1,010.00M | -460.00M | 470.00M | -525.00M | -587.00M | -340.00M | -107.00M | -296.00M | -168.00M | -265.00M | -107.00M | -68.00M | -428.50M | -68.10M | -34.60M | -84.40M | -69.10M | 11.83M | -103.07M | 0.01M | 0.01M |
| Accounts Receivable | -219.00M | -842.00M | -119.00M | -85.00M | -491.00M | -474.00M | 266.00M | -527.00M | -264.00M | -386.00M | -293.00M | -220.00M | -134.00M | -66.00M | -31.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | -139.00M | -804.00M | -7.00M | 4.00M | -532.00M | -424.00M | -73.00M | -218.00M | -294.00M | -89.00M | 40.00M | -96.00M | -60.00M | -68.00M | 89.00M | -71.00M | -111.40M | -12.50M | -17.20M | -132.73M | -0.75M | -16.55M | -28.13M | 0.04M | 0.06M |
| Accounts Payable | 569.00M | 210.00M | 16.00M | 36.00M | 10.00M | 365.00M | 236.00M | 174.00M | -37.00M | 188.00M | 136.00M | 8.00M | 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 | -414.00M | 53.00M | -46.00M | 51.00M | 3.00M | 73.00M | 41.00M | 46.00M | -293.00M | -251.00M | -147.00M | -200.00M | -108.00M | -197.00M | -196.00M | 3.00M | -317.10M | -55.60M | -17.40M | 48.33M | -68.35M | 28.38M | -74.94M | -0.03M | -0.06M |
| Other Non-Cash Items | 1,804.00M | 1,216.00M | -1,727.00M | -1,191.00M | -751.00M | -796.00M | -427.00M | -436.00M | -708.00M | -530.00M | -560.00M | -315.00M | -392.00M | -494.00M | -541.00M | -260.00M | -175.80M | -322.90M | 179.90M | -521.23M | -418.04M | -352.85M | -317.20M | 135.32M | 90.74M |
| Net Cash from Operating Activities | 7,515.00M | 6,242.00M | 4,080.00M | 4,335.00M | 2,622.00M | 3,275.00M | 2,621.00M | 2,149.00M | 1,683.00M | 1,872.00M | 1,679.00M | 1,592.00M | 1,495.00M | 1,320.00M | 1,272.00M | 1,381.00M | 825.60M | 950.10M | 827.70M | 830.61M | 946.18M | 877.05M | 708.01M | 753.74M | 669.42M |
| Capital Expenditures (PPE) | -1,738.00M | -2,283.00M | -576.00M | -654.00M | -924.00M | -722.00M | -681.00M | -766.00M | -618.00M | -438.00M | -471.00M | -441.00M | -452.00M | -412.00M | -343.00M | -409.00M | -274.70M | -245.10M | -428.20M | -124.35M | -214.60M | -294.73M | -160.72M | -0.86M | -0.11M |
| Acquisitions (Net) | -2,665.00M | -2,803.00M | -1,234.00M | -935.00M | -2,323.00M | -547.00M | -394.00M | -603.00M | -940.00M | -656.00M | -336.00M | -1,633.00M | -231.00M | -1,176.00M | -682.00M | -325.00M | -806.10M | -286.60M | 2.80M | -80.42M | -28.00M | -12.17M | -30.07M | 0.00M | -0.01M |
| Purchases of 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 | -125.80M | -83.00M | 0.00M | 0.00M | 0.00M | -36.87M | -0.01M | 0.00M |
| Sales / Maturities of 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 | 63.50M | 41.20M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.01M |
| Other Investing Activities | 172.00M | 439.00M | -18.00M | -198.00M | -81.00M | -28.00M | 83.00M | -45.00M | 120.00M | -47.00M | 15.00M | -22.00M | 1.00M | -57.00M | -147.00M | -82.00M | -56.60M | 13.10M | 10.70M | 50.04M | -70.54M | -114.59M | -156.91M | -137.37M | -127.05M |
| Net Cash from Investing Activities | -4,231.00M | -4,647.00M | -1,828.00M | -1,787.00M | -3,328.00M | -1,297.00M | -992.00M | -1,414.00M | -1,438.00M | -1,141.00M | -792.00M | -2,096.00M | -682.00M | -1,645.00M | -1,172.00M | -816.00M | -1,137.40M | -580.90M | -456.50M | -154.73M | -313.14M | -421.50M | -384.56M | -138.24M | -127.17M |
| Net Debt Issuance | -160.00M | 213.00M | 815.00M | -1,404.00M | 3,392.00M | -433.00M | -793.00M | 1,205.00M | 1,127.00M | -24.00M | 310.00M | 1,654.00M | -253.00M | 141.00M | -106.00M | -131.00M | 496.00M | 60.40M | 31.10M | -173.41M | -48.94M | 261.45M | -56.65M | 0.00M | 0.00M |
| Long-Term Debt Issuance | 331.00M | 911.00M | 1,401.00M | -709.00M | 5,869.00M | 97.00M | 1,364.00M | 1,557.00M | -131.00M | -24.00M | 424.00M | 1,654.00M | -253.00M | 141.00M | -106.00M | -131.00M | 496.00M | 60.40M | 31.10M | -173.40M | -48.94M | 261.45M | -56.65M | 0.00M | 0.00M |
| Short-Term Debt Issuance | -491.00M | -188.00M | -586.00M | -695.00M | -2,477.00M | 1,889.00M | -2,157.00M | -352.00M | 1,258.00M | 292.00M | -114.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.01M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | -3,712.00M | -2,324.00M | -2,301.00M | -846.00M | -1,840.00M | -3,200.00M | -197.00M | -946.00M | -1,751.00M | -1,031.00M | -1,050.00M | -605.00M | -887.00M | -101.00M | -497.00M | -301.00M | 0.00M | 0.00M | -427.90M | -992.85M | -969.30M | -694.67M | -596.42M | 0.00M | 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 23.86M | 0.00M | 15.05M | 0.00M | 0.00M |
| Common Stock Repurchased | -3,712.00M | -3,244.00M | -2,301.00M | -846.00M | -1,840.00M | -3,200.00M | -197.00M | -946.00M | -1,751.00M | -1,031.00M | -1,050.00M | -605.00M | -887.00M | -101.00M | -497.00M | -301.00M | 0.00M | 0.00M | -427.90M | -992.80M | -993.16M | -694.67M | -611.47M | 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 | -0.05M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net 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 | -58.07M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common 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 | -58.07M | 0.00M | 0.00M | 0.00M | 0.00M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | 1,109.50M | -74.50M | -753.00M | -191.00M | -618.00M | 1,889.00M | -445.00M | -451.00M | -4.00M | 289.00M | 111.00M | 0.00M | 0.00M | 0.00M | 3.00M | -5.00M | -2.20M | -52.40M | -58.90M | -2.73M | 61.07M | -18.41M | -19.13M | -696.92M | -507.72M |
| Net Cash from Financing Activities | -3,246.00M | -1,544.00M | -2,239.00M | -2,441.00M | 934.00M | -1,779.00M | -1,435.00M | -192.00M | -628.00M | -766.00M | -629.00M | 1,049.00M | -1,140.00M | 41.00M | -600.00M | -437.00M | 493.80M | 8.00M | -455.70M | -1,168.99M | -1,015.24M | -451.62M | -672.20M | -696.92M | -507.72M |
| Effect of FX on Cash | -62.50M | -36.50M | -23.00M | -34.00M | -17.00M | 21.00M | -34.00M | 1.00M | -20.00M | 12.00M | -82.00M | -194.00M | -127.00M | 56.00M | 8.00M | -19.00M | -19.50M | 8.40M | -17.20M | -1.26M | -0.93M | 6.16M | -0.01M | -615.50M | -542.25M |
| Net Change in Cash | -16.00M | -83.00M | -26.00M | 8.00M | -42.00M | 220.00M | 160.00M | 544.00M | -403.00M | -23.00M | 176.00M | 351.00M | -454.00M | -228.00M | -492.00M | 109.00M | 162.50M | 385.60M | -101.70M | -494.37M | -383.13M | 10.09M | -348.76M | -185.48M | -104.02M |
| Cash at Beginning of Period | 4,456.00M | 4,768.00M | 1,138.00M | 1,130.00M | 1,172.00M | 952.00M | 792.00M | 248.00M | 651.00M | 674.00M | -1,704.00M | -2,055.00M | -1,601.00M | -1,338.00M | -846.00M | -955.00M | -1,117.90M | -1,503.50M | -1,401.80M | -907.39M | -524.25M | -534.34M | -185.58M | -0.10M | -0.14M |
| Cash at End of Period | 4,440.00M | 4,685.00M | 1,112.00M | 1,138.00M | 1,130.00M | 1,172.00M | 952.00M | 792.00M | 248.00M | 651.00M | -1,528.00M | -1,704.00M | -2,055.00M | -1,566.00M | -1,338.00M | -846.00M | -955.40M | -1,117.90M | -1,503.50M | -1,401.75M | -907.39M | -524.25M | -534.34M | -185.58M | -104.16M |
| Operating Cash Flow | 7,439.00M | 6,242.00M | 4,080.00M | 4,270.00M | 2,622.00M | 3,275.00M | 2,621.00M | 2,149.00M | 1,683.00M | 1,872.00M | 1,679.00M | 1,592.00M | 1,495.00M | 1,320.00M | 1,272.00M | 1,381.00M | 825.60M | 950.10M | 827.70M | 830.61M | 946.18M | 877.05M | 708.01M | 753.74M | 669.42M |
| Capital Expenditure | -1,461.00M | -2,283.00M | -779.00M | -654.00M | -924.00M | -722.00M | -681.00M | -766.00M | -618.00M | -438.00M | -471.00M | -441.00M | -452.00M | -412.00M | -343.00M | -409.00M | -274.70M | -245.10M | -428.20M | -124.35M | -214.60M | -294.73M | -160.72M | -0.86M | -0.11M |
| Free Cash Flow | 5,978.00M | 3,959.00M | 3,301.00M | 3,623.00M | 1,698.00M | 2,553.00M | 1,940.00M | 1,383.00M | 1,065.00M | 1,434.00M | 1,208.00M | 1,151.00M | 1,043.00M | 908.00M | 929.00M | 972.00M | 550.90M | 705.00M | 399.50M | 706.26M | 731.58M | 582.32M | 547.29M | 752.88M | 669.30M |
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 | 2003-12-31 | 2002-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 9,737.25M | 7,317.50M | 5,787.00M | 5,391.00M | 4,261.00M | 4,239.00M | 2,036.00M | 2,857.00M | 2,808.00M | 2,658.00M | 2,239.00M | 2,126.00M | 1,960.00M | 2,061.00M | 1,874.00M | 1,743.00M | 1,424.20M | 1,341.50M | 892.80M | 4,113.42M | 4,009.12M | 3,521.99M | 3,273.67M | 854.31M | 809.87M |
| (-) Tax Adjustment | 2,261.19M | 1,701.46M | 1,283.23M | 1,332.66M | 947.70M | 934.59M | 307.84M | 663.79M | 637.97M | 558.57M | 458.50M | 434.84M | 421.90M | 482.75M | 455.87M | 441.72M | 353.23M | 330.83M | 218.11M | 970.75M | 1,022.73M | 910.00M | 841.99M | 215.87M | 208.66M |
| (-) Change In Working Capital | -432.00M | -1,383.00M | -156.00M | 6.00M | -1,010.00M | -460.00M | 470.00M | -525.00M | -587.00M | -340.00M | -107.00M | -296.00M | -168.00M | -265.00M | -107.00M | -68.00M | -428.50M | -68.10M | -34.60M | -84.40M | -69.10M | 11.83M | -103.07M | 0.01M | 0.01M |
| (-) Capital Expenditure | -1,461.00M | -2,283.00M | -779.00M | -654.00M | -924.00M | -722.00M | -681.00M | -766.00M | -618.00M | -438.00M | -471.00M | -441.00M | -452.00M | -412.00M | -343.00M | -409.00M | -274.70M | -245.10M | -428.20M | -124.35M | -214.60M | -294.73M | -160.72M | -0.86M | -0.11M |
| Unlevered Free Cash Flow | 6,447.06M | 4,716.04M | 3,880.77M | 3,398.34M | 3,399.30M | 3,042.41M | 577.16M | 1,952.21M | 2,139.03M | 2,001.43M | 1,416.50M | 1,546.16M | 1,254.10M | 1,431.25M | 1,182.13M | 960.28M | 1,224.77M | 833.67M | 281.09M | 3,102.71M | 2,840.89M | 2,305.43M | 2,374.02M | 637.57M | 601.09M |
| (-) Net Interest Income After Taxes | -1,537.09M | -475.84M | -428.82M | -460.71M | -108.08M | -55.35M | -71.30M | -95.19M | -47.14M | -90.04M | -77.14M | 0.80M | -0.78M | -9.19M | -40.86M | -76.90M | -87.30M | -45.28M | -105.35M | -60.44M | -35.31M | -27.55M | -28.53M | -21.08M | -22.85M |
| Net Debt Issuance | -160.00M | 213.00M | 815.00M | -1,404.00M | 3,392.00M | -433.00M | -793.00M | 1,205.00M | 1,127.00M | -24.00M | 310.00M | 1,654.00M | -253.00M | 141.00M | -106.00M | -131.00M | 496.00M | 60.40M | 31.10M | -173.41M | -48.94M | 261.45M | -56.65M | 0.00M | 0.00M |
| Levered Free Cash Flow | 7,824.15M | 5,404.87M | 5,124.59M | 2,455.05M | 6,899.39M | 2,664.75M | -144.54M | 3,252.40M | 3,313.17M | 2,067.47M | 1,803.63M | 3,199.37M | 1,001.88M | 1,581.44M | 1,116.99M | 906.18M | 1,808.07M | 939.35M | 417.54M | 2,989.74M | 2,827.26M | 2,594.43M | 2,345.90M | 658.65M | 623.95M |