Page: Company Financials
Corporativo Fragua, S.A.B. de C.V.
$536.70
-5.29 (-0.98%)
As of: 2026-01-15
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 | 538.50 | 798.25 | 487.25 | 331.74 | 314.82 | 236.62 | 249.50 | 260.50 | 228.75 | 229.93 | 239.44 | 239.41 | 225.69 | 212.88 | 165.00 | 115.38 | 117.00 |
| Market Capitalization | 55,503.99M | 82,109.46M | 49,988.68M | 34,034.44M | 32,318.16M | 24,271.70M | 25,280.52M | 26,149.19M | 22,984.65M | 23,150.67M | 23,804.67M | 23,554.88M | 22,204.51M | 21,063.73M | 16,518.86M | 11,616.16M | 11,918.32M |
| (-) Cash & Equivalents | 5,436.84M | 6,856.66M | 7,011.76M | 5,189.35M | 3,488.36M | 2,158.90M | 1,283.95M | 1,093.08M | 859.78M | 652.80M | 800.45M | 1,007.00M | 1,161.15M | 1,215.89M | 1,367.11M | 386.67M | 166.19M |
| (+) Total Debt | 3,730.96M | 3,366.46M | 3,185.11M | 3,281.83M | 2,731.04M | 2,222.47M | 2,157.44M | 639.15M | 0.00M | 100.00M | 50.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Enterprise Value | 53,798.11M | 78,619.27M | 46,162.03M | 32,126.93M | 31,560.84M | 24,335.27M | 26,154.01M | 25,695.26M | 22,124.87M | 22,597.87M | 23,054.22M | 22,547.88M | 21,043.36M | 19,847.84M | 15,151.75M | 11,229.49M | 11,752.12M |
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 | 125,945M | 115,327M | 120,238M | 109,374M | 97,918M | 84,794M | 73,314M | 61,884M | 53,352M | 46,674M | 40,572M | 35,790M | 32,033M | 28,955M | 26,383M | 23,237M | 21,152M | 19,147M | 16,752M | 14,575M | 11,601M | 9,832M | 8,067M | 7,311M |
| Cost of Revenue | 95,982M | 88,411M | 92,094M | 84,365M | 77,020M | 67,215M | 58,542M | 49,462M | 42,611M | 32,413M | 32,741M | 28,908M | 25,883M | 23,359M | 21,310M | 18,876M | 17,284M | 15,716M | 13,692M | 11,870M | 9,367M | 7,956M | 6,559M | 5,946M |
| Gross Profit | 29,964M | 26,917M | 28,144M | 25,009M | 20,898M | 17,580M | 14,772M | 12,422M | 10,740M | 14,261M | 7,831M | 6,882M | 6,150M | 5,596M | 5,072M | 4,361M | 3,868M | 3,430M | 3,060M | 2,705M | 2,234M | 1,876M | 1,508M | 1,366M |
| Gross Profit Margin | 23.8% | 23.3% | 23.4% | 22.9% | 21.3% | 20.7% | 20.1% | 20.1% | 20.1% | 30.6% | 19.3% | 19.2% | 19.2% | 19.3% | 19.2% | 18.8% | 18.3% | 17.9% | 18.3% | 18.6% | 19.3% | 19.1% | 18.7% | 18.7% |
| R&D Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 24,852M | 21,582M | 23,295M | 19,821M | 17,168M | 14,772M | 12,919M | 11,349M | 9,841M | 8,386M | 7,268M | 6,375M | 5,667M | 5,081M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| Operating Expenses | 21,746M | 24,160M | 23,295M | 19,821M | 17,168M | 14,772M | 12,919M | 9,395M | 8,178M | 6,892M | 5,947M | 5,249M | 4,549M | 4,321M | 3,860M | 3,888M | 2,905M | 2,600M | 2,482M | 2,036M | 1,690M | 1,408M | 1,159M | 1,060M |
| Operating Income (EBIT) | 8,218M | 2,757M | 4,849M | 5,189M | 3,730M | 2,808M | 1,853M | 3,028M | 2,563M | 7,369M | 1,884M | 1,633M | 1,601M | 1,275M | 1,213M | 473M | 963M | 830M | 578M | 669M | 544M | 469M | 349M | 305M |
| Operating Income Margin | 6.5% | 2.4% | 4.0% | 4.7% | 3.8% | 3.3% | 2.5% | 4.9% | 4.8% | 15.8% | 4.6% | 4.6% | 5.0% | 4.4% | 4.6% | 2.0% | 4.6% | 4.3% | 3.4% | 4.6% | 4.7% | 4.8% | 4.3% | 4.2% |
| Interest Income | 0M | 489M | 315M | 378M | 207M | 76M | 55M | 41M | 23M | 33M | 19M | 18M | 22M | 30M | 49M | 63M | 30M | 0M | 0M | 0M | 61M | 67M | 0M | 0M |
| Interest Expense | 1,010M | 0M | 0M | 481M | 1,177M | 916M | 894M | 488M | 304M | 244M | 186M | 184M | 194M | 150M | 106M | 75M | 73M | 58M | 63M | 0M | 42M | 40M | 0M | 0M |
| Net Interest Income | -1,010M | 489M | 315M | -103M | -969M | -840M | -839M | -447M | -281M | -212M | -167M | -166M | -173M | -120M | -58M | -12M | -43M | -58M | -63M | 0M | 19M | 28M | 0M | 0M |
| Unusual Items | 92M | 4,523M | 2,336M | 2,055M | 2,852M | 2,701M | 2,354M | 55M | 119M | -4,920M | 21M | 44M | 48M | 74M | 22M | 729M | 24M | 24M | 342M | 31M | -59M | -67M | 72M | -17M |
| EBT Excluding Unusual Items | 7,208M | 3,246M | 5,163M | 5,085M | 2,760M | 1,968M | 1,013M | 2,580M | 2,281M | 7,157M | 1,717M | 1,467M | 1,428M | 1,155M | 1,155M | 462M | 920M | 772M | 515M | 669M | 564M | 496M | 349M | 305M |
| Pre-Tax Income | 7,299M | 7,768M | 7,499M | 7,141M | 5,612M | 4,669M | 3,367M | 2,636M | 2,401M | 2,237M | 1,738M | 1,512M | 1,476M | 1,229M | 1,177M | 1,191M | 944M | 796M | 857M | 700M | 504M | 430M | 421M | 288M |
| Pre-Tax Margin | 5.8% | 6.7% | 6.2% | 6.5% | 5.7% | 5.5% | 4.6% | 4.3% | 4.5% | 4.8% | 4.3% | 4.2% | 4.6% | 4.2% | 4.5% | 5.1% | 4.5% | 4.2% | 5.1% | 4.8% | 4.3% | 4.4% | 5.2% | 3.9% |
| Income Tax Expense | 2,294M | 2,789M | 2,597M | 2,640M | 2,434M | 2,048M | 1,337M | 926M | 868M | 894M | 636M | 538M | 504M | 266M | 268M | 342M | 214M | 187M | 211M | -141M | -166M | 177M | -24M | -85M |
| Net Income | 5,022M | 4,970M | 4,902M | 4,501M | 3,179M | 2,622M | 2,030M | 1,710M | 1,532M | 1,343M | 1,102M | 974M | 972M | 963M | 909M | 849M | 731M | 609M | 647M | 672M | 532M | 464M | 355M | 247M |
| Net Income Margin | 4.0% | 4.3% | 4.1% | 4.1% | 3.2% | 3.1% | 2.8% | 2.8% | 2.9% | 2.9% | 2.7% | 2.7% | 3.0% | 3.3% | 3.4% | 3.7% | 3.5% | 3.2% | 3.9% | 4.6% | 4.6% | 4.7% | 4.4% | 3.4% |
| Depreciation & Amortization | 1,827M | 1,036M | 1,539M | 441M | 381M | 667M | 670M | 724M | 461M | 467M | 436M | 477M | 437M | 365M | 300M | 257M | 251M | 186M | 138M | 117M | 2M | 82M | 88M | 78M |
| EBITDA | 10,044M | 3,793M | 6,388M | 5,629M | 4,111M | 3,475M | 2,523M | 3,751M | 3,024M | 7,837M | 2,319M | 2,110M | 2,037M | 1,640M | 1,513M | 730M | 1,214M | 1,016M | 716M | 786M | 546M | 551M | 437M | 384M |
| EBITDA Margin | 8.0% | 3.3% | 5.3% | 5.1% | 4.2% | 4.1% | 3.4% | 6.1% | 5.7% | 16.8% | 5.7% | 5.9% | 6.4% | 5.7% | 5.7% | 3.1% | 5.7% | 5.3% | 4.3% | 5.4% | 4.7% | 5.6% | 5.4% | 5.2% |
| NOPAT | 5,635M | 1,767M | 3,169M | 3,270M | 2,112M | 1,577M | 1,117M | 1,964M | 1,636M | 4,425M | 1,194M | 1,052M | 1,054M | 999M | 936M | 337M | 745M | 635M | 436M | 803M | 723M | 276M | 369M | 396M |
| NOPAT Margin | 4.5% | 1.5% | 2.6% | 3.0% | 2.2% | 1.9% | 1.5% | 3.2% | 3.1% | 9.5% | 2.9% | 2.9% | 3.3% | 3.5% | 3.5% | 1.5% | 3.5% | 3.3% | 2.6% | 5.5% | 6.2% | 2.8% | 4.6% | 5.4% |
| Owner's Earnings | 3,481M | 1,840M | 1,840M | 823M | 123M | 1,522M | 1,147M | 294M | -610M | 586M | 51M | 54M | 73M | -85M | 237M | 417M | 456M | 178M | -65M | 108M | 180M | 546M | 143M | 139M |
| Owner's Earnings Margin | 2.8% | 1.6% | 1.5% | 0.8% | 0.1% | 1.8% | 1.6% | 0.5% | -1.1% | 1.3% | 0.1% | 0.1% | 0.2% | -0.3% | 0.9% | 1.8% | 2.2% | 0.9% | -0.4% | 0.7% | 1.6% | 5.6% | 1.8% | 1.9% |
| EPS (Basic) | 48.79 | 48.48 | 47.60 | 43.87 | 30.98 | 25.55 | 19.79 | 16.67 | 14.93 | 13.09 | 10.73 | 9.49 | 9.47 | 9.39 | 8.86 | 8.27 | 8.00 | 5.94 | 6.31 | 6.55 | 5.38 | 4.89 | 3.57 | 2.41 |
| EPS (Diluted) | 48.96 | 48.46 | 47.78 | 43.87 | 30.98 | 25.55 | 19.79 | 16.67 | 14.93 | 13.09 | 10.73 | 9.49 | 9.47 | 9.39 | 8.86 | 8.27 | 7.12 | 5.94 | 6.31 | 6.55 | 5.18 | 4.70 | 3.46 | 2.41 |
| Shares (Basic) | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 99M | 103M | 103M |
| Shares (Diluted) | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | 99M | 103M | 103M |
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 | 5,986.15M | 4,887.53M | 6,043.02M | 8,280.12M | 7,761.35M | 4,378.38M | 3,401.69M | 1,601.33M | 1,084.79M | 1,307.67M | 899.11M | 570.10M | 680.54M | 750.37M | 581.38M | 622.61M | 447.21M | 332.39M | 209.65M | 230.19M | 268.32M | 169.10M | 167.60M | 172.72M |
| Short-Term Investments | 0.00M | 0.00M | 121.65M | 34.70M | 29.61M | 41.66M | 111.18M | 754.09M | 262.08M | 309.99M | 558.37M | 724.81M | 179.31M | 422.64M | 1,078.39M | 902.19M | 1,141.59M | 529.38M | 0.00M | 0.00M | 816.48M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 5,986.15M | 4,887.53M | 6,164.67M | 8,314.82M | 7,790.96M | 4,420.04M | 3,512.87M | 2,355.41M | 1,346.87M | 1,617.66M | 1,457.48M | 1,294.91M | 859.84M | 1,173.01M | 1,659.77M | 1,524.79M | 1,588.80M | 861.77M | 209.65M | 230.19M | 1,084.80M | 169.10M | 167.60M | 172.72M |
| Net Receivables | 248.64M | 464.35M | 871.42M | 620.98M | 159.94M | 135.62M | 196.27M | 196.53M | 177.30M | 137.09M | 92.01M | 94.96M | 65.14M | 83.33M | 155.35M | 81.43M | 67.07M | 44.62M | 104.79M | 0.00M | 172.21M | 101.43M | 0.00M | 0.00M |
| Inventory | 17,495.81M | 18,230.10M | 21,565.73M | 17,359.95M | 14,463.14M | 15,019.37M | 12,585.67M | 11,698.81M | 10,608.42M | 8,475.14M | 6,932.77M | 6,176.49M | 6,086.96M | 5,269.81M | 4,481.33M | 3,628.11M | 2,438.10M | 2,634.59M | 2,256.96M | 2,296.32M | 1,722.25M | 934.17M | 1,604.79M | 1,281.57M |
| Other Current Assets | 4,662.36M | 4,432.60M | 3,190.89M | 2,057.67M | 1,905.72M | 1,938.00M | 1,856.58M | 1,370.86M | 1,172.15M | 792.36M | 553.43M | 596.35M | 457.03M | 617.06M | 562.36M | 477.24M | 454.84M | 502.07M | 435.99M | 940.85M | 1,023.24M | 181.70M | 1,065.42M | 1,041.69M |
| Total Current Assets | 28,392.96M | 28,014.58M | 31,792.71M | 28,353.41M | 24,319.76M | 21,513.02M | 18,151.39M | 15,621.60M | 13,304.73M | 11,022.25M | 9,035.69M | 8,162.71M | 7,468.96M | 7,143.21M | 6,858.81M | 5,711.57M | 4,548.81M | 4,043.05M | 3,007.39M | 3,467.37M | 4,002.49M | 1,386.40M | 2,837.81M | 2,495.98M |
| Property, Plant & Equipment | 15,086.81M | 14,971.76M | 23,980.13M | 13,091.34M | 17,895.94M | 16,203.82M | 15,062.90M | 13,715.29M | 11,933.87M | 9,842.04M | 8,989.48M | 7,810.29M | 6,810.05M | 5,914.29M | 4,811.50M | 2,752.14M | 1,863.30M | 1,867.10M | 549.02M | 412.28M | 291.23M | 170.93M | 165.87M | 158.85M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible 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 |
| Long-Term Investments | 134.25M | 134.25M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -259.15M | -307.55M | -556.29M | -722.73M | -177.23M | -420.56M | -1,076.30M | -885.79M | 0.00M | 0.00M | 0.00M | 0.00M | -814.37M | 0.00M | 0.00M | 0.00M |
| Tax 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 |
| Other Non-Current Assets | 11,065.35M | 10,743.76M | 1,338.50M | 8,967.95M | 1,278.68M | 1,251.07M | 1,118.09M | 711.11M | 829.86M | 767.43M | 947.25M | 1,062.90M | 446.82M | 568.25M | 1,198.65M | 2,370.57M | 1,878.29M | 1,603.24M | 2,477.20M | 1,875.88M | 2,312.16M | 1,325.23M | 968.07M | 793.95M |
| 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 |
| Total Non-Current Assets | 26,286.41M | 25,849.78M | 25,318.62M | 22,059.29M | 19,174.62M | 17,454.89M | 16,180.99M | 14,426.40M | 12,504.58M | 10,301.92M | 9,380.44M | 8,150.46M | 7,079.65M | 6,061.98M | 4,933.85M | 4,236.92M | 3,741.60M | 3,470.34M | 3,026.22M | 2,288.16M | 1,789.03M | 1,496.16M | 1,133.94M | 952.79M |
| Total Assets | 54,679.37M | 53,864.36M | 57,111.33M | 50,412.69M | 43,494.37M | 38,967.91M | 34,332.38M | 30,048.00M | 25,809.31M | 21,324.17M | 18,416.14M | 16,313.18M | 14,548.61M | 13,205.19M | 11,792.65M | 9,948.48M | 8,290.41M | 7,513.39M | 6,033.61M | 5,755.53M | 5,791.52M | 2,882.56M | 3,971.75M | 3,448.77M |
| Accounts Payable | 19,104.95M | 19,518.86M | 23,854.80M | 20,363.30M | 17,408.31M | 14,658.57M | 13,356.41M | 11,733.09M | 10,509.37M | 8,542.04M | 7,145.86M | 6,341.13M | 5,691.44M | 5,272.88M | 4,766.63M | 3,774.61M | 196.99M | 2,602.94M | 1,586.73M | 1,799.47M | 1,762.47M | 1,068.61M | 1,772.69M | 1,511.68M |
| Short-Term Debt | 1,183.33M | 238.33M | 920.00M | 971.05M | 1,127.13M | 1,097.41M | 792.28M | 504.21M | 500.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Payables | 0.00M | 0.00M | 1,183.69M | 1,200.86M | 1,078.22M | 1,462.90M | 897.59M | 559.36M | 419.38M | 580.37M | 365.35M | 255.69M | 193.90M | 131.25M | 120.03M | 99.03M | 105.51M | 63.74M | 47.60M | 37.42M | 43.95M | 71.49M | 28.99M | 47.24M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Current Liabilities | 3,184.82M | 3,874.80M | 0.00M | 3,517.88M | 2,961.14M | 3,180.98M | 2,326.77M | 1,707.87M | 1,287.83M | 1,381.36M | 979.91M | 735.01M | 622.79M | 504.49M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 142.91M | 63.88M | 37.52M | -1.10M | 61.20M |
| Total Current Liabilities | 23,473.11M | 23,631.99M | 25,958.49M | 26,053.09M | 22,574.80M | 20,399.86M | 17,373.05M | 14,504.53M | 12,716.57M | 10,503.77M | 8,491.12M | 7,331.82M | 6,508.12M | 5,908.62M | 4,886.65M | 3,873.64M | 302.50M | 2,666.69M | 1,634.32M | 1,979.79M | 1,870.31M | 1,177.62M | 1,800.58M | 1,620.12M |
| Long-Term Debt | 1,150.00M | 0.00M | 73.33M | 311.67M | 564.39M | 1,017.02M | 573.68M | 980.35M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Capital Lease Obligations | 2,407.90M | 2,482.36M | 2,593.92M | 2,130.10M | 1,777.41M | 1,247.38M | 1,023.09M | 819.90M | 706.60M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 0.00M | 0.00M | 505.55M | 364.22M | 256.93M | 192.59M | 230.49M | 205.40M | 196.61M | 132.99M | 168.32M | 204.51M | 214.70M | 263.83M | 346.60M | 385.37M | 357.05M | 417.11M | 491.40M | 492.18M | 446.66M | 457.76M | 472.92M | 463.29M |
| Other Non-Current Liabilities | 1,023.44M | 998.01M | 437.29M | 381.29M | 540.22M | 452.11M | 236.22M | 0.00M | 105.54M | 245.76M | 263.30M | 72.11M | 275.24M | 313.25M | 49.35M | 39.97M | 33.31M | 27.14M | 20.86M | 18.26M | 14.67M | 23.23M | 13.11M | 10.84M |
| Total Non-Current Liabilities | 4,581.35M | 3,480.37M | 3,610.09M | 3,187.28M | 3,138.95M | 2,909.10M | 2,063.49M | 2,005.65M | 1,008.75M | 378.75M | 431.62M | 276.63M | 489.93M | 577.08M | 395.95M | 425.34M | 390.36M | 444.25M | 512.26M | 510.44M | 461.33M | 480.99M | 486.02M | 474.14M |
| Total Liabilities | 28,054.45M | 27,112.36M | 29,568.58M | 29,240.37M | 25,713.75M | 23,308.96M | 19,436.54M | 16,510.18M | 13,725.32M | 10,882.52M | 8,922.74M | 7,608.45M | 6,998.05M | 6,485.70M | 5,282.61M | 4,298.98M | 692.86M | 3,110.94M | 2,146.58M | 2,490.23M | 2,331.63M | 1,658.60M | 2,286.60M | 2,094.25M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 12,433.73M | 11,378.34M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 34.20M | 34.20M | 172.34M | 34.20M | 34.20M | 34.20M | 34.20M | 172.34M | 172.34M | 172.34M | 172.34M | 172.34M | 172.34M | 172.34M | 172.34M | 172.34M | 172.34M | 172.34M | 172.34M | 34.20M | 34.20M | 34.20M | 34.20M | 34.20M |
| Retained Earnings | 25,756.27M | 25,883.34M | 4,902.01M | 20,667.08M | 17,325.86M | 15,193.66M | 13,546.57M | 1,710.00M | 1,532.32M | 1,343.09M | 1,101.75M | 973.57M | 971.86M | 963.19M | 908.79M | 4,721.14M | 3,952.57M | 3,446.11M | 647.26M | 672.07M | 532.39M | 463.63M | 0.00M | 0.00M |
| Accumulated OCI | 515.34M | 515.33M | 515.33M | 1,563.53M | 1,436.53M | 1,767.26M | 1,893.16M | 1,040.97M | 1,027.67M | 908.75M | 970.34M | 861.86M | 766.14M | 700.12M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 0.10M | 0.11M | 0.11M | 0.08M | 0.19M | 0.30M | 0.49M | 0.55M | 0.41M | 0.99M | 0.66M | 0.58M | 0.37M | 0.36M | 0.35M | 0.31M | 0.34M | 0.31M | 0.30M | 0.29M | 2.09M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 26,305.81M | 26,432.88M | 5,589.67M | 22,264.81M | 18,796.59M | 29,428.86M | 26,852.27M | 2,923.30M | 2,732.33M | 2,424.18M | 2,244.42M | 2,007.76M | 1,910.33M | 1,835.65M | 1,081.13M | 4,893.47M | 4,124.90M | 3,618.44M | 819.59M | 706.27M | 566.59M | 497.83M | 34.20M | 34.20M |
| Total Equity | 26,305.91M | 26,432.99M | 5,589.78M | 22,264.90M | 18,796.77M | 29,429.16M | 26,852.76M | 2,923.85M | 2,732.73M | 2,425.17M | 2,245.08M | 2,008.35M | 1,910.70M | 1,836.00M | 1,081.48M | 4,893.78M | 4,125.24M | 3,618.75M | 819.89M | 706.57M | 568.68M | 497.83M | 34.20M | 34.20M |
| Total Liabilities & Equity | 54,360.36M | 53,545.35M | 35,158.36M | 51,505.26M | 44,510.52M | 52,738.12M | 46,289.30M | 19,434.03M | 16,458.05M | 13,307.69M | 11,167.82M | 9,616.80M | 8,908.75M | 8,321.70M | 6,364.08M | 9,192.76M | 4,818.09M | 6,729.69M | 2,966.47M | 3,196.79M | 2,900.31M | 2,156.43M | 2,320.80M | 2,128.45M |
| Tangible Assets | 54,679.37M | 53,864.36M | 57,111.33M | 50,412.69M | 43,494.37M | 38,967.91M | 34,332.38M | 30,048.00M | 25,809.31M | 21,324.17M | 18,416.14M | 16,313.18M | 14,548.61M | 13,205.19M | 11,792.65M | 9,948.48M | 8,290.41M | 7,513.39M | 6,033.61M | 5,755.53M | 5,791.52M | 2,882.56M | 3,971.75M | 3,448.77M |
| Tangible Equity | 26,305.91M | 26,432.99M | 5,589.78M | 22,264.90M | 18,796.77M | 29,429.16M | 26,852.76M | 2,923.85M | 2,732.73M | 2,425.17M | 2,245.08M | 2,008.35M | 1,910.70M | 1,836.00M | 1,081.48M | 4,893.78M | 4,125.24M | 3,618.75M | 819.89M | 706.57M | 568.68M | 497.83M | 34.20M | 34.20M |
| Tangible Book Value | 26,305.91M | 26,432.99M | 5,589.78M | 22,264.90M | 18,796.77M | 29,429.16M | 26,852.76M | 2,923.85M | 2,732.73M | 2,425.17M | 2,245.08M | 2,008.35M | 1,910.70M | 1,836.00M | 1,081.48M | 4,893.78M | 4,125.24M | 3,618.75M | 819.89M | 706.57M | 568.68M | 497.83M | 34.20M | 34.20M |
| Total Investments | 134.25M | 134.25M | 121.65M | 34.70M | 29.61M | 41.66M | 111.18M | 754.09M | 2.92M | 2.44M | 2.08M | 2.08M | 2.08M | 2.08M | 2.08M | 16.40M | 1,141.59M | 529.38M | 0.00M | 0.00M | 2.12M | 0.00M | 0.00M | 0.00M |
| Net Debt | -3,652.81M | -4,649.20M | -5,049.69M | -6,997.40M | -6,069.83M | -2,263.95M | -2,035.73M | -116.76M | -584.79M | -1,307.67M | -899.11M | -570.10M | -680.54M | -750.37M | -581.38M | -622.61M | -447.21M | -332.39M | -209.65M | -230.19M | -268.32M | -169.10M | -167.60M | -172.72M |
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 | 4,368.7M | 3,817.7M | 3,053.8M | 2,988.6M | 2,448.8M | 2,379.0M | 1,562.6M | 1,544.9M | 813.9M | 1,098.8M | 909.9M | 1,086.6M | 1,219.9M | 1,365.8M | 1,663.5M | 1,591.7M | 1,536.4M | 1,243.5M | 1,216.5M | 1,487.6M | 1,270.7M | 1,060.8M | 976.0M | 875.9M |
| Total Capital | 31,366.1M | 29,472.6M | 29,001.3M | 25,996.6M | 22,584.5M | 20,675.9M | 18,182.0M | 16,233.2M | 13,709.6M | 11,154.0M | 10,026.4M | 8,959.8M | 8,023.9M | 7,114.2M | 6,201.0M | 5,403.0M | 4,887.3M | 4,269.3M | 3,730.2M | 3,265.0M | 2,588.3M | 511.1M | 47.0M | 47.0M |
| Capital Employed | 30,655.1M | 29,667.4M | 28,372.4M | 25,047.9M | 21,623.4M | 19,833.9M | 17,743.6M | 15,971.3M | 13,318.5M | 11,400.8M | 10,290.4M | 9,237.0M | 8,299.5M | 7,427.8M | 6,597.3M | 5,828.7M | 5,278.0M | 4,713.9M | 4,242.7M | 3,775.7M | 3,059.8M | 2,557.0M | 2,110.0M | 1,828.6M |
| Invested Capital | 25,379.9M | 24,585.1M | 22,958.2M | 17,716.5M | 14,823.2M | 16,297.6M | 14,780.3M | 14,631.9M | 12,624.8M | 9,846.4M | 9,127.3M | 8,389.7M | 7,343.4M | 6,363.8M | 5,619.7M | 4,780.4M | 4,440.1M | 3,936.9M | 3,520.5M | 3,034.8M | 2,319.9M | 342.0M | -120.6M | -125.7M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 5,022.26M | 4,988.89M | 7,499.28M | 7,140.63M | 3,178.72M | 4,669.44M | 3,367.44M | 2,635.78M | 2,400.84M | 2,237.22M | 1,738.00M | 1,511.65M | 1,476.31M | 1,229.35M | 1,176.74M | 1,190.81M | 944.42M | 796.30M | 857.25M | 0.00M | 532.39M | 0.00M | 0.00M | 0.00M |
| Depreciation & Amortization | 1,171.31M | 1,507.71M | 1,539.33M | 1,447.32M | 1,312.67M | 1,129.63M | 1,234.22M | 723.84M | 461.39M | 467.35M | 435.55M | 477.10M | 436.70M | 365.26M | 300.09M | 256.67M | 250.98M | 185.97M | 138.39M | 117.02M | 0.00M | 82.44M | 88.43M | 78.14M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | -4,840.79M | -2,254.40M | -2,017.19M | 31.21M | 1,086.57M | -1,160.95M | -177.54M | -48.82M | -810.66M | -166.75M | 346.97M | 515.73M | -134.72M | -121.95M | 47.92M | -203.05M | 430.88M | 484.34M | -215.27M | -547.48M | -162.24M | 722.40M | -425.16M | -123.16M |
| Accounts Receivable | -118.22M | -331.81M | -2,059.56M | -356.32M | -84.33M | 141.63M | 16.99M | -53.75M | -66.35M | -95.01M | 17.47M | -52.16M | 28.50M | 37.70M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | -2,820.86M | -1,727.85M | -4,067.73M | -2,609.68M | 847.56M | -2,323.26M | -813.43M | -1,057.16M | -2,082.86M | -1,492.89M | -720.73M | -75.95M | -803.02M | -775.17M | -823.85M | -1,190.01M | 196.49M | -390.35M | 39.36M | -509.34M | -750.53M | 720.39M | -323.22M | -115.94M |
| Accounts Payable | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 53.75M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | -1,901.71M | -194.74M | 4,110.09M | 2,997.21M | 323.35M | 1,020.68M | 618.89M | 1,008.34M | 1,272.20M | 1,326.15M | 1,067.70M | 591.68M | 668.29M | 653.23M | 871.77M | 986.96M | 234.39M | 874.69M | -254.63M | -38.14M | 588.28M | 2.00M | -101.94M | -7.22M |
| Other Non-Cash Items | 2,405.29M | 2,173.54M | -2,362.86M | -2,248.23M | 2,799.96M | -369.62M | -81.57M | -453.81M | -586.30M | -814.26M | -539.70M | -424.94M | -457.77M | -386.31M | -331.81M | -315.77M | -308.81M | -192.98M | -200.25M | 739.69M | 66.69M | -312.47M | 617.52M | 594.94M |
| Net Cash from Operating Activities | 3,758.07M | 6,415.75M | 4,658.56M | 6,370.93M | 8,377.91M | 4,268.50M | 4,342.54M | 2,856.98M | 1,465.26M | 1,723.57M | 1,980.81M | 2,079.54M | 1,320.52M | 1,086.35M | 1,192.94M | 928.66M | 1,317.48M | 1,273.63M | 580.13M | 309.23M | 436.83M | 492.36M | 280.79M | 549.92M |
| Capital Expenditures (PPE) | -3,368.19M | -4,166.40M | -4,600.96M | -4,117.92M | -3,436.37M | -1,767.14M | -1,553.36M | -2,139.92M | -2,603.89M | -1,224.37M | -1,486.02M | -1,397.07M | -1,335.92M | -1,413.87M | -972.11M | -688.36M | -525.75M | -616.93M | -850.61M | -681.49M | -354.14M | 0.00M | -300.49M | -185.98M |
| Acquisitions (Net) | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -61.39M | 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | 0.00M | 258.62M | -435.29M | 258.62M | 187.33M | -501.53M | 38.70M | -35.02M | 129.69M | 59.28M | -2.54M | 70.06M | 81.11M | 103.69M | 87.39M | -149.49M | 85.31M | 20.20M | -75.44M | 0.00M | 0.00M | -414.99M | 0.00M | 0.00M |
| Net Cash from Investing Activities | -3,368.19M | -3,907.78M | -5,036.25M | -3,859.30M | -3,249.04M | -2,268.66M | -1,514.66M | -2,174.94M | -2,474.21M | -1,165.09M | -1,488.55M | -1,327.01M | -1,316.19M | -1,310.18M | -884.72M | -837.84M | -440.43M | -596.73M | -926.05M | -681.49M | -354.14M | -414.99M | -300.49M | -185.98M |
| Net Debt Issuance | -994.84M | -406.62M | -289.39M | -408.80M | -422.91M | 748.46M | -474.26M | 984.56M | 500.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Long-Term Debt Issuance | -994.84M | -406.62M | -289.39M | -408.80M | -422.91M | 748.46M | -118.60M | 984.56M | 500.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -355.66M | 0.00M | 500.00M | 0.00M | 0.00M | 0.00M | 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 | -289.82M | -483.44M | -750.01M | 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 | 0.00M | 101.39M | 4.75M | 6.40M | 0.91M | 1.62M |
| 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 | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | -289.82M | -483.44M | -750.01M | 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 | 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -1,387.38M | -1,395.32M | -1,254.00M | -1,097.87M | -993.44M | -925.26M | -301.93M | -283.64M | -164.16M | -153.90M | -143.64M | -133.38M | -123.12M | -112.86M | -98.40M | -79.98M | -76.95M | -71.82M | -66.69M | -63.23M | -58.21M | -52.57M | -47.82M | -88.60M |
| Common Dividends Paid | -1,387.38M | -1,395.32M | -1,254.00M | -1,097.87M | -993.44M | -925.26M | -301.93M | -283.64M | -164.16M | -153.90M | -143.64M | -133.38M | -123.12M | -112.86M | -98.40M | -79.98M | -76.95M | -71.82M | -66.69M | -63.23M | -58.21M | -52.57M | -47.82M | -88.60M |
| 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 |
| Other Financing Activities | 1,358.27M | -243.60M | 520.94M | -481.11M | -341.60M | -915.87M | -894.23M | -374.41M | 402.32M | -244.40M | -186.04M | -184.09M | -194.37M | -150.06M | -74.85M | -74.85M | -73.06M | -57.75M | -62.52M | -1.90M | -24.28M | -1.84M | -5.95M | 9.18M |
| Net Cash from Financing Activities | -1,313.76M | -2,528.97M | -1,772.46M | -1,987.78M | -1,757.94M | -1,092.67M | -1,670.42M | 326.51M | 738.16M | -398.30M | -329.68M | -317.47M | -317.49M | -262.92M | -173.24M | -154.82M | -150.01M | -129.57M | -129.21M | 36.25M | -7.49M | -48.02M | -52.86M | -77.80M |
| Effect of FX on Cash | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -20.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 Change in Cash | -923.88M | -21.01M | -2,150.15M | 523.86M | 3,370.93M | 907.17M | 1,157.46M | 988.54M | -270.79M | 160.17M | 162.58M | 435.06M | -313.17M | -486.76M | 134.98M | -64.01M | 727.03M | 547.33M | -475.13M | -336.01M | 7.76M | 29.36M | -72.56M | 286.15M |
| Cash at Beginning of Period | 23,516.21M | 30,648.39M | 8,314.82M | 7,790.96M | 4,420.04M | 3,512.87M | 2,355.41M | 1,346.87M | 1,617.66M | 1,457.48M | 1,294.91M | 859.84M | 1,173.01M | 1,659.77M | 1,524.79M | 1,588.80M | 861.77M | 314.44M | 789.57M | 1,125.58M | 1,077.04M | 1,005.73M | 1,045.84M | 759.70M |
| Cash at End of Period | 22,592.34M | 30,627.38M | 6,164.67M | 8,314.82M | 7,790.96M | 4,420.04M | 3,512.87M | 2,335.41M | 1,346.87M | 1,617.66M | 1,457.48M | 1,294.91M | 859.84M | 1,173.01M | 1,659.77M | 1,524.79M | 1,588.80M | 861.77M | 314.44M | 789.57M | 1,084.80M | 1,035.09M | 973.29M | 1,045.84M |
| Operating Cash Flow | 3,758.07M | 6,415.75M | 4,658.56M | 6,370.93M | 8,377.91M | 13,468.50M | 4,342.54M | 2,856.98M | 1,465.26M | 1,723.57M | 1,980.81M | 2,079.54M | 1,320.52M | 1,086.35M | 1,192.94M | 928.66M | 1,317.48M | 1,273.63M | 580.13M | 309.23M | 436.83M | 492.36M | 280.79M | 549.92M |
| Capital Expenditure | -3,368.19M | -4,166.40M | -4,600.96M | -4,117.92M | -3,436.37M | -1,767.14M | -1,553.36M | -2,139.92M | -2,603.89M | -1,224.37M | -1,486.02M | -1,397.07M | -1,335.92M | -1,413.87M | -972.11M | -688.36M | -525.75M | -616.93M | -850.61M | -681.49M | -354.14M | 0.00M | -300.49M | -185.98M |
| Free Cash Flow | 389.88M | 2,249.34M | 57.60M | 2,253.01M | 4,941.54M | 11,701.37M | 2,789.18M | 717.06M | -1,138.63M | 499.20M | 494.79M | 682.48M | -15.40M | -327.52M | 220.83M | 240.30M | 791.73M | 656.70M | -270.48M | -372.26M | 82.70M | 492.36M | -19.70M | 363.95M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 6,938.48M | 6,370.44M | 6,388.08M | 5,629.38M | 4,110.53M | 3,475.20M | 2,522.65M | 1,797.40M | 1,360.99M | 6,341.83M | 998.63M | 984.39M | 919.25M | 879.67M | 5,372.55M | 4,617.65M | 4,119.32M | 3,616.30M | 3,198.41M | 2,821.93M | 2,236.00M | 1,958.85M | 1,596.66M | 1,443.83M |
| (-) Tax Adjustment | 2,180.75M | 2,229.65M | 2,212.41M | 1,970.28M | 1,438.68M | 1,216.32M | 882.93M | 629.09M | 476.35M | 2,219.64M | 349.52M | 344.54M | 314.10M | 190.45M | 1,223.30M | 1,327.17M | 931.26M | 849.07M | 786.33M | 0.00M | 0.00M | 685.60M | 0.00M | 0.00M |
| (-) Change In Working Capital | -4,840.79M | -2,254.40M | -2,017.19M | 31.21M | 1,086.57M | -1,160.95M | -177.54M | -48.82M | -810.66M | -166.75M | 346.97M | 515.73M | -134.72M | -121.95M | 47.92M | -203.05M | 430.88M | 484.34M | -215.27M | -547.48M | -162.24M | 722.40M | -425.16M | -123.16M |
| (-) Capital Expenditure | -3,368.19M | -4,166.40M | -4,600.96M | -4,117.92M | -3,436.37M | -1,767.14M | -1,553.36M | -2,139.92M | -2,603.89M | -1,224.37M | -1,486.02M | -1,397.07M | -1,335.92M | -1,413.87M | -972.11M | -688.36M | -525.75M | -616.93M | -850.61M | -681.49M | -354.14M | 0.00M | -300.49M | -185.98M |
| Unlevered Free Cash Flow | 6,230.34M | 2,228.78M | 1,591.91M | -490.03M | -1,851.10M | 1,652.69M | 263.91M | -922.79M | -908.59M | 3,064.56M | -1,183.88M | -1,272.94M | -596.05M | -602.70M | 3,129.21M | 2,805.18M | 2,231.44M | 1,665.97M | 1,776.74M | 2,687.92M | 2,044.11M | 550.86M | 1,721.32M | 1,381.01M |
| (-) Net Interest Income After Taxes | -692.46M | 317.60M | 205.72M | -67.18M | -630.06M | -545.81M | -545.61M | -290.67M | -182.89M | -137.71M | -108.48M | -107.93M | -113.63M | -94.16M | -44.54M | -8.21M | -33.10M | -44.19M | -47.15M | 0.00M | 19.38M | 17.99M | 0.00M | 0.00M |
| Net Debt Issuance | -994.84M | -406.62M | -289.39M | -408.80M | -422.91M | 748.46M | -474.26M | 984.56M | 500.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Levered Free Cash Flow | 5,927.96M | 1,504.56M | 1,096.80M | -831.65M | -1,643.95M | 2,946.97M | 335.26M | 352.45M | -225.70M | 3,202.27M | -1,075.40M | -1,165.02M | -482.42M | -508.54M | 3,173.75M | 2,813.40M | 2,264.54M | 1,710.16M | 1,823.89M | 2,687.92M | 2,024.73M | 532.87M | 1,721.32M | 1,381.01M |