Page: Company Financials
Klabin S.A.
$19.00
-0.61 (-3.11%)
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 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 18.38 | 22.75 | 19.66 | 18.43 | 22.72 | 18.87 | 14.71 | 16.29 | 14.46 | 14.94 | 17.92 | 10.88 | 10.56 | 10.56 | 10.56 | 10.56 | 10.56 |
| Market Capitalization | 82,507.34M | 144,443.25M | 119,281.32M | 111,527.51M | 137,255.95M | 111,047.04M | 85,257.19M | 73,690.09M | 15,199.40M | 16,273.37M | 19,349.48M | 37,520.37M | 19,328.89M | 9,368.41M | 9,368.20M | 9,368.20M | 9,368.20M |
| (-) Cash & Equivalents | 7,310.97M | 9,008.45M | 6,191.98M | 4,355.24M | 6,722.01M | 6,394.41M | 8,840.38M | 5,683.13M | 6,772.36M | 5,427.87M | 5,053.01M | 5,129.67M | 2,459.43M | 2,804.42M | 622.17M | 639.47M | 460.41M |
| (+) Total Debt | 37,691.61M | 38,306.35M | 30,707.74M | 27,519.33M | 28,190.09M | 27,207.38M | 24,196.57M | 18,801.40M | 18,934.31M | 17,695.19M | 14,920.20M | 9,266.02M | 6,205.76M | 6,051.95M | 4,949.78M | 4,791.25M | 1,181.99M |
| Enterprise Value | 112,887.99M | 173,741.15M | 143,797.07M | 134,691.61M | 158,724.03M | 131,860.02M | 100,613.39M | 86,808.36M | 27,361.35M | 28,540.69M | 29,216.67M | 41,656.73M | 23,075.22M | 12,615.94M | 13,695.82M | 13,519.99M | 10,089.78M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 20,800M | 18,877M | 19,645M | 18,024M | 20,033M | 16,481M | 11,949M | 10,272M | 10,016M | 8,373M | 7,091M | 5,688M | 4,894M | 4,599M | 4,164M | 3,889M | 3,663M | 2,960M | 3,097M | 2,796M | 2,713M | 2,706M | 2,729M |
| Cost of Revenue | 13,391M | 12,188M | 12,274M | 11,174M | 10,518M | 8,939M | 7,227M | 6,851M | 5,714M | 5,638M | 4,694M | 3,445M | 2,650M | 2,871M | 1,937M | 2,557M | 2,741M | 2,185M | 2,287M | 1,870M | 1,750M | 1,681M | 1,473M |
| Gross Profit | 7,410M | 6,689M | 7,372M | 6,849M | 9,515M | 7,543M | 4,722M | 3,421M | 4,302M | 2,736M | 2,397M | 2,242M | 2,244M | 1,729M | 2,227M | 1,332M | 922M | 775M | 810M | 926M | 963M | 1,025M | 1,256M |
| Gross Profit Margin | 35.6% | 35.4% | 37.5% | 38.0% | 47.5% | 45.8% | 39.5% | 33.3% | 43.0% | 32.7% | 33.8% | 39.4% | 45.9% | 37.6% | 53.5% | 34.3% | 25.2% | 26.2% | 26.2% | 33.1% | 35.5% | 37.9% | 46.0% |
| 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 |
| SG&A Expenses | 2,418M | 1,782M | 1,924M | 1,804M | 2,217M | 1,500M | 1,298M | 831M | 742M | 648M | 669M | 767M | 678M | 643M | 618M | 570M | 515M | 477M | 504M | 445M | 426M | 472M | 444M |
| Operating Expenses | 3,040M | 2,471M | 2,763M | 2,527M | 2,853M | 2,090M | 1,845M | 392M | 1,189M | 1,187M | 999M | 750M | 545M | 609M | 582M | 536M | 101M | 466M | 485M | 429M | 497M | 516M | 498M |
| Operating Income (EBIT) | 4,370M | 4,219M | 4,608M | 4,322M | 6,662M | 5,452M | 2,877M | 3,029M | 3,113M | 1,549M | 1,398M | 1,492M | 1,700M | 1,119M | 1,644M | 797M | 821M | 309M | 325M | 497M | 466M | 509M | 758M |
| Operating Income Margin | 21.0% | 22.3% | 23.5% | 24.0% | 33.3% | 33.1% | 24.1% | 29.5% | 31.1% | 18.5% | 19.7% | 26.2% | 34.7% | 24.3% | 39.5% | 20.5% | 22.4% | 10.4% | 10.5% | 17.8% | 17.2% | 18.8% | 27.8% |
| Interest Income | -121M | 69M | -269M | 0M | 273M | -228M | -229M | -311M | -244M | 29M | 90M | -100M | -87M | 17M | 36M | 19M | 213M | 84M | 0M | 243M | 250M | 0M | 0M |
| Interest Expense | 2,492M | 2,940M | 3,167M | 2,161M | 1,157M | 1,183M | 1,422M | 1,507M | 1,204M | 1,147M | 1,013M | 701M | 521M | 350M | 355M | 361M | 185M | 360M | 905M | -108M | 0M | 154M | 156M |
| Net Interest Income | -2,613M | -2,870M | -3,437M | -2,161M | -884M | -1,411M | -1,651M | -1,819M | -1,448M | -1,119M | -924M | -801M | -609M | -334M | -319M | -341M | 28M | -276M | -905M | 351M | 250M | -154M | -156M |
| Unusual Items | 815M | 1,068M | 1,098M | 1,653M | 821M | 375M | -5,041M | -346M | -1,733M | 408M | 2,740M | -2,638M | -37M | -406M | -229M | -159M | 0M | 472M | 0M | -23M | -116M | -3M | -8M |
| EBT Excluding Unusual Items | 1,757M | 1,348M | 1,171M | 2,162M | 5,778M | 4,041M | 1,227M | 1,210M | 1,665M | 430M | 474M | 691M | 1,091M | 786M | 1,325M | 455M | 850M | 33M | -580M | 848M | 716M | 356M | 602M |
| Pre-Tax Income | 2,571M | 2,417M | 2,270M | 3,814M | 6,599M | 4,416M | -3,814M | 865M | -69M | 839M | 3,215M | -1,948M | 1,054M | 380M | 1,096M | 296M | 850M | 505M | -580M | 825M | 600M | 353M | 594M |
| Pre-Tax Margin | 12.4% | 12.8% | 11.6% | 21.2% | 32.9% | 26.8% | -31.9% | 8.4% | -0.7% | 10.0% | 45.3% | -34.2% | 21.5% | 8.3% | 26.3% | 7.6% | 23.2% | 17.0% | -18.7% | 29.5% | 22.1% | 13.0% | 21.8% |
| Income Tax Expense | 519M | 542M | 223M | 967M | 1,910M | 1,012M | -1,425M | 150M | -255M | 306M | 733M | -695M | 323M | 90M | 344M | 113M | 290M | 333M | -241M | 206M | 113M | 18M | 110M |
| Net Income | 1,720M | 2,064M | 1,831M | 2,695M | 4,461M | 3,020M | -2,488M | 676M | 137M | 532M | 2,482M | -1,253M | 730M | 290M | 752M | 183M | 560M | 172M | -349M | 604M | 473M | 309M | 456M |
| Net Income Margin | 8.3% | 10.9% | 9.3% | 14.9% | 22.3% | 18.3% | -20.8% | 6.6% | 1.4% | 6.4% | 35.0% | -22.0% | 14.9% | 6.3% | 18.1% | 4.7% | 15.3% | 5.8% | -11.3% | 21.6% | 17.5% | 11.4% | 16.7% |
| Depreciation & Amortization | 5,125M | 3,615M | 3,549M | 3,327M | 3,169M | 2,696M | 2,383M | 2,193M | 1,673M | 994M | 748M | 313M | 278M | 237M | 229M | 236M | 561M | 749M | 404M | 244M | 243M | 245M | 232M |
| EBITDA | 9,495M | 7,834M | 8,157M | 7,649M | 9,831M | 8,149M | 5,260M | 5,222M | 4,786M | 2,543M | 2,146M | 1,805M | 1,978M | 1,356M | 1,873M | 1,033M | 1,382M | 1,058M | 729M | 741M | 709M | 754M | 990M |
| EBITDA Margin | 45.6% | 41.5% | 41.5% | 42.4% | 49.1% | 49.4% | 44.0% | 50.8% | 47.8% | 30.4% | 30.3% | 31.7% | 40.4% | 29.5% | 45.0% | 26.6% | 37.7% | 35.7% | 23.5% | 26.5% | 26.1% | 27.9% | 36.3% |
| NOPAT | 3,488M | 3,272M | 4,156M | 3,227M | 4,734M | 4,204M | 2,273M | 2,504M | 2,459M | 983M | 1,079M | 1,179M | 1,178M | 854M | 1,128M | 492M | 541M | 105M | 257M | 373M | 378M | 483M | 618M |
| NOPAT Margin | 16.8% | 17.3% | 21.2% | 17.9% | 23.6% | 25.5% | 19.0% | 24.4% | 24.6% | 11.7% | 15.2% | 20.7% | 24.1% | 18.6% | 27.1% | 12.6% | 14.8% | 3.6% | 8.3% | 13.3% | 14.0% | 17.9% | 22.7% |
| Owner's Earnings | -2,369M | 2,514M | 1,832M | 1,658M | -494M | 1,839M | -4,891M | 295M | 714M | 601M | 664M | -5,567M | -1,937M | -372M | 327M | 141M | 854M | 764M | -477M | -758M | -69M | 188M | 350M |
| Owner's Earnings Margin | -11.4% | 13.3% | 9.3% | 9.2% | -2.5% | 11.2% | -40.9% | 2.9% | 7.1% | 7.2% | 9.4% | -97.9% | -39.6% | -8.1% | 7.8% | 3.6% | 23.3% | 25.8% | -15.4% | -27.1% | -2.5% | 7.0% | 12.8% |
| EPS (Basic) | 0.52 | 0.35 | 0.30 | 0.44 | 0.81 | 0.55 | -0.44 | 0.64 | 0.13 | 0.51 | 2.36 | -1.16 | 0.69 | 0.31 | 0.80 | 0.19 | 0.59 | 0.37 | -0.38 | 0.69 | 0.52 | 0.34 | 0.50 |
| EPS (Diluted) | 0.35 | 0.33 | 0.30 | 0.44 | 0.74 | 0.50 | -0.41 | 0.12 | 0.02 | 0.51 | 2.36 | -1.16 | 0.69 | 0.33 | 0.85 | 0.21 | 0.62 | 0.19 | -0.39 | 0.67 | 0.52 | 0.34 | 0.50 |
| Shares (Basic) | 4,863M | 6,346M | 6,079M | 6,067M | 6,051M | 6,041M | 6,032M | 5,796M | 5,789M | 1,051M | 1,051M | 1,079M | 1,052M | 887M | 887M | 889M | 899M | 918M | 901M | 903M | 918M | 918M | 919M |
| Shares (Diluted) | 4,863M | 6,346M | 6,079M | 6,067M | 6,051M | 6,041M | 6,032M | 5,796M | 5,789M | 1,051M | 1,051M | 1,079M | 1,052M | 887M | 887M | 889M | 899M | 918M | 901M | 903M | 918M | 918M | 919M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 8,959.47M | 7,302.25M | 6,736.00M | 9,558.83M | 4,683.95M | 6,405.20M | 5,208.83M | 8,340.39M | 5,733.85M | 7,028.42M | 5,872.72M | 5,053.72M | 5,245.83M | 2,729.87M | 2,517.31M | 2,341.06M | 2,531.11M | 1,841.65M | 104.59M | 224.22M | 31.62M | 102.39M | 0.00M |
| Short-Term Investments | 766.21M | 780.50M | 794.00M | 1,156.00M | 1,818.37M | 2,017.24M | 1,347.90M | 1,390.53M | 1,313.35M | 1,243.17M | 591.30M | 557.14M | 497.60M | 249.51M | 240.08M | 221.26M | 198.22M | 209.87M | 1,598.11M | 1,874.42M | 2,258.56M | 1,366.06M | 1,104.20M |
| Cash & Short-Term Investments | 9,725.68M | 8,082.75M | 7,530.00M | 10,714.83M | 6,502.31M | 8,422.44M | 6,556.73M | 9,730.92M | 7,047.20M | 8,271.60M | 6,464.02M | 5,610.87M | 5,743.44M | 2,979.38M | 2,757.39M | 2,562.32M | 2,729.33M | 2,051.53M | 1,702.70M | 2,098.64M | 2,290.18M | 1,468.44M | 1,104.20M |
| Net Receivables | 2,038.76M | 1,888.22M | 1,815.00M | 2,112.72M | 2,674.90M | 2,808.51M | 1,806.92M | 1,859.51M | 2,040.93M | 1,754.06M | 1,625.38M | 1,511.90M | 1,176.50M | 1,173.02M | 1,004.32M | 843.53M | 779.09M | 703.83M | 700.23M | 578.08M | 457.56M | 561.16M | 529.38M |
| Inventory | 3,526.59M | 3,749.98M | 3,215.94M | 2,665.53M | 2,442.01M | 2,003.39M | 1,379.13M | 1,332.24M | 1,206.35M | 933.16M | 876.92M | 701.13M | 563.71M | 495.85M | 473.66M | 506.22M | 460.13M | 470.62M | 437.09M | 336.15M | 275.96M | 256.80M | 269.76M |
| Other Current Assets | 1,295.89M | 1,423.96M | 1,257.91M | 1,004.01M | 896.46M | 667.40M | 1,218.16M | 751.28M | 567.45M | 844.77M | 993.72M | 841.05M | 388.21M | 150.03M | 196.73M | 149.02M | 131.10M | 294.27M | 321.61M | 555.14M | 101.61M | 493.46M | 120.10M |
| Total Current Assets | 16,586.93M | 15,144.91M | 13,818.84M | 16,497.09M | 12,515.68M | 13,901.74M | 10,960.94M | 13,673.94M | 10,861.93M | 11,803.59M | 9,960.04M | 8,664.94M | 7,871.86M | 4,798.28M | 4,432.09M | 4,061.10M | 4,099.65M | 3,520.23M | 3,161.63M | 3,568.00M | 3,125.30M | 2,779.86M | 2,023.44M |
| Property, Plant & Equipment | 30,316.80M | 30,399.44M | 30,753.00M | 27,430.25M | 25,770.58M | 20,607.12M | 17,479.19M | 13,735.58M | 12,262.47M | 12,619.50M | 12,995.41M | 12,009.15M | 8,351.39M | 5,909.51M | 5,379.43M | 4,917.08M | 5,004.02M | 4,996.89M | 4,299.44M | 4,107.96M | 2,616.26M | 2,049.51M | 1,899.98M |
| Goodwill | 0.00M | 0.00M | 42.49M | 43.22M | 43.95M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 480.73M | 478.20M | 385.58M | 154.37M | 241.15M | 142.38M | 75.33M | 77.87M | 85.22M | 89.95M | 85.49M | 12.78M | 11.34M | 9.30M | 8.65M | 7.10M | 7.66M | 6.37M | 47.24M | 58.16M | 457.56M | 561.16M | 529.38M |
| Long-Term Investments | 135.59M | 137.26M | 121.82M | -877.49M | -1,529.37M | -1,743.80M | -1,079.45M | -1,219.87M | -1,140.09M | -1,069.73M | -35.96M | -49.87M | -2.86M | 217.07M | 222.12M | 396.77M | -95.98M | -116.39M | -1,516.19M | -1,789.54M | -2,165.03M | -1,256.47M | -1,005.49M |
| Tax Assets | 0.00M | 22.18M | 0.00M | 769.45M | 1,529.37M | 629.60M | 1,844.55M | 1,219.87M | 1,140.09M | 1,069.73M | 70.74M | 49.87M | 2.86M | 0.00M | 0.00M | 0.00M | 95.98M | 116.39M | 1,516.19M | 56.51M | 109.91M | 208.03M | 179.43M |
| Other Non-Current Assets | 14,643.63M | 14,153.26M | 14,269.10M | 12,076.65M | 10,597.44M | 8,538.66M | 7,834.25M | 8,435.56M | 7,564.21M | 7,106.24M | 6,308.76M | 5,620.38M | 4,914.31M | 3,957.47M | 4,055.62M | 3,337.16M | 3,218.40M | 2,978.84M | 2,231.29M | 2,327.47M | 2,419.91M | 1,384.87M | 1,261.55M |
| Other Assets | 0.00M | 0.00M | 0.00M | -31.44M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -44.30M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 45,576.75M | 45,190.34M | 45,572.00M | 39,565.01M | 36,653.12M | 28,173.97M | 26,153.88M | 22,249.01M | 19,911.90M | 19,815.68M | 19,424.43M | 17,642.30M | 13,277.04M | 10,093.35M | 9,665.81M | 8,658.11M | 8,230.08M | 7,982.09M | 6,577.98M | 4,716.27M | 3,438.61M | 2,947.10M | 2,864.85M |
| Total Assets | 62,163.68M | 60,335.24M | 59,390.84M | 56,062.09M | 49,168.80M | 42,075.71M | 37,114.81M | 35,922.95M | 30,773.83M | 31,619.27M | 29,384.46M | 26,307.24M | 21,148.89M | 14,891.63M | 14,097.90M | 12,719.21M | 12,329.73M | 11,502.33M | 9,739.60M | 8,284.27M | 6,563.91M | 5,726.96M | 4,888.30M |
| Accounts Payable | 2,383.36M | 3,811.22M | 2,939.82M | 2,600.05M | 2,936.68M | 2,504.83M | 2,003.03M | 1,024.26M | 903.75M | 713.61M | 634.86M | 702.20M | 438.86M | 345.38M | 318.08M | 335.05M | 619.18M | 521.38M | 215.55M | 373.46M | 212.51M | 269.29M | 243.88M |
| Short-Term Debt | 1,845.85M | 1,747.95M | 1,813.00M | 1,560.84M | 1,952.98M | 1,859.30M | 721.02M | 1,274.54M | 1,975.47M | 2,469.90M | 2,838.11M | 2,046.12M | 1,754.99M | 1,124.98M | 1,120.77M | 910.50M | 842.12M | 802.31M | 0.00M | 0.00M | 320.55M | 9.27M | 8.89M |
| Tax Payables | 0.00M | 290.07M | 347.74M | 308.57M | 475.77M | 229.86M | 165.35M | 67.08M | 124.69M | 127.14M | 120.53M | 107.17M | 105.54M | 93.70M | 96.48M | 470.64M | 171.22M | 50.40M | 42.15M | 42.48M | 24.24M | 24.12M | 24.06M |
| 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 |
| Other Current Liabilities | 2,370.16M | 601.56M | 302.40M | 590.73M | 489.30M | 483.89M | 414.11M | 301.29M | 300.38M | 281.47M | 257.71M | 195.35M | 139.88M | 145.57M | 180.19M | 159.97M | 0.00M | 0.00M | 481.84M | 479.71M | 296.29M | 636.57M | 471.07M |
| Total Current Liabilities | 6,599.36M | 6,450.80M | 5,402.97M | 5,060.19M | 5,854.72M | 5,077.88M | 3,303.51M | 2,667.17M | 3,304.29M | 3,592.12M | 3,851.20M | 3,050.84M | 2,439.27M | 1,709.62M | 1,715.52M | 1,876.15M | 1,632.52M | 1,374.09M | 739.54M | 895.66M | 853.59M | 939.25M | 747.89M |
| Long-Term Debt | 33,980.22M | 34,220.22M | 37,891.19M | 29,780.40M | 25,013.21M | 25,791.07M | 23,869.69M | 22,410.66M | 17,356.08M | 17,079.51M | 15,597.85M | 14,742.58M | 9,230.58M | 5,838.62M | 4,914.33M | 4,320.17M | 4,014.98M | 3,925.64M | 0.00M | 0.00M | 314.05M | 314.05M | 0.00M |
| Capital Lease Obligations | 1,747.97M | 1,647.85M | 1,858.20M | 1,923.29M | 1,644.89M | 1,086.70M | 823.31M | 497.23M | 0.00M | 0.00M | 0.00M | 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 | 2,210.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1,205.59M | 0.00M | 0.00M | 1,547.35M | 0.00M | 0.00M | 0.00M | 1,475.45M | 1,200.81M | 1,235.64M | 1,047.51M | 0.00M | 5.44M | 1.38M | 2.51M | 3.37M |
| Other Non-Current Liabilities | 4,277.49M | 1,938.95M | 4,155.00M | 4,421.25M | 3,214.24M | 2,726.54M | 2,657.93M | 1,084.32M | 2,036.12M | 2,488.55M | 32.59M | 3,010.97M | 2,366.08M | 1,908.70M | 339.79M | 329.71M | 325.63M | 205.31M | 5,151.82M | 4,004.00M | 2,162.41M | 1,026.58M | 1,360.01M |
| Total Non-Current Liabilities | 40,005.68M | 40,017.01M | 43,904.39M | 36,124.95M | 29,872.34M | 29,604.31M | 27,350.93M | 25,197.80M | 19,392.20M | 19,568.06M | 17,177.79M | 17,753.55M | 11,596.66M | 7,747.32M | 6,729.57M | 5,850.69M | 5,576.25M | 5,178.46M | 5,151.82M | 4,009.44M | 2,477.84M | 1,343.14M | 1,363.38M |
| Total Liabilities | 46,605.04M | 46,467.81M | 49,307.36M | 41,185.14M | 35,727.06M | 34,682.18M | 30,654.44M | 27,864.96M | 22,696.49M | 23,160.18M | 21,028.99M | 20,804.38M | 14,035.93M | 9,456.94M | 8,445.09M | 7,726.84M | 7,208.77M | 6,552.55M | 5,891.36M | 4,905.10M | 3,331.43M | 2,282.39M | 2,111.27M |
| 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 |
| Common Stock | 6,075.63M | 6,075.63M | 6,075.63M | 4,475.63M | 4,475.63M | 4,475.63M | 4,475.63M | 4,076.04M | 4,076.04M | 2,516.75M | 2,384.48M | 2,383.10M | 2,271.50M | 2,271.50M | 2,271.50M | 2,271.50M | 1,500.00M | 1,500.00M | 1,584.49M | 1,584.57M | 1,100.00M | 1,184.53M | 993.85M |
| Retained Earnings | 4,926.25M | 4,883.54M | 4,242.84M | 5,626.83M | 4,425.29M | 1,624.04M | -993.83M | 1,517.04M | 1,748.22M | 2,699.58M | 2,467.31M | 716.99M | 2,534.30M | 2,159.95M | 2,170.22M | 0.00M | 1,112.31M | 815.85M | 661.63M | 1,125.88M | 1,216.55M | 972.74M | 1,028.01M |
| Accumulated OCI | -660.92M | -664.87M | -3,543.19M | 1,618.47M | 813.93M | -191.51M | 506.39M | 641.08M | 664.60M | 2,223.95M | 2,454.63M | 2,438.02M | 2,410.13M | 1,119.13M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 4,432.49M | 3,196.21M | 1,985.00M | 2,147.41M | 2,008.78M | 1,346.66M | 574.46M | 454.39M | 241.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 160.42M | 0.00M | 0.00M | 128.37M | 112.25M | 97.30M | 59.36M |
| Total Shareholders’ Equity | 10,340.96M | 10,294.30M | 6,775.27M | 11,720.93M | 9,714.84M | 5,908.16M | 3,988.19M | 6,234.16M | 6,488.85M | 7,440.28M | 7,306.42M | 5,538.11M | 7,215.94M | 5,550.57M | 4,441.72M | 2,271.50M | 2,612.31M | 2,315.85M | 2,246.12M | 2,710.46M | 2,316.55M | 2,157.26M | 2,021.86M |
| Total Equity | 14,773.45M | 13,490.51M | 8,760.27M | 13,868.34M | 11,723.63M | 7,254.82M | 4,562.65M | 6,688.55M | 6,729.85M | 7,440.28M | 7,306.42M | 5,538.11M | 7,215.94M | 5,550.57M | 4,441.72M | 2,271.50M | 2,772.72M | 2,315.85M | 2,246.12M | 2,838.82M | 2,428.80M | 2,254.56M | 2,081.22M |
| Total Liabilities & Equity | 61,378.49M | 59,958.32M | 58,067.63M | 55,053.48M | 47,450.69M | 41,937.00M | 35,217.09M | 34,553.51M | 29,426.33M | 30,600.46M | 28,335.41M | 26,342.50M | 21,251.86M | 15,007.51M | 12,886.81M | 9,998.34M | 9,981.49M | 8,868.40M | 8,137.48M | 7,743.92M | 5,760.24M | 4,536.95M | 4,192.49M |
| Tangible Assets | 61,682.95M | 59,857.04M | 58,962.77M | 55,864.51M | 48,883.71M | 41,933.32M | 37,039.48M | 35,845.09M | 30,688.61M | 31,529.32M | 29,298.98M | 26,294.47M | 21,137.56M | 14,882.33M | 14,089.25M | 12,712.11M | 12,322.07M | 11,495.96M | 9,692.36M | 8,226.11M | 6,106.35M | 5,165.81M | 4,358.92M |
| Tangible Equity | 14,292.72M | 13,012.31M | 8,332.20M | 13,670.75M | 11,438.53M | 7,112.43M | 4,487.31M | 6,610.68M | 6,644.62M | 7,350.33M | 7,220.93M | 5,525.34M | 7,204.60M | 5,541.27M | 4,433.06M | 2,264.40M | 2,765.07M | 2,309.49M | 2,198.88M | 2,780.67M | 1,971.25M | 1,693.41M | 1,551.84M |
| Tangible Book Value | 14,292.72M | 13,012.31M | 8,332.20M | 13,670.75M | 11,438.53M | 7,112.43M | 4,487.31M | 6,610.68M | 6,644.62M | 7,350.33M | 7,220.93M | 5,525.34M | 7,204.60M | 5,541.27M | 4,433.06M | 2,264.40M | 2,765.07M | 2,309.49M | 2,198.88M | 2,780.67M | 1,971.25M | 1,693.41M | 1,551.84M |
| Total Investments | 135.59M | 137.26M | 915.82M | 278.51M | 289.00M | 273.44M | 268.44M | 170.66M | 173.26M | 173.45M | 555.35M | 507.28M | 494.75M | 466.58M | 462.19M | 618.03M | 102.24M | 93.48M | 81.92M | 84.89M | 93.53M | 109.59M | 98.71M |
| Net Debt | 26,866.60M | 28,665.92M | 32,968.19M | 21,782.42M | 22,282.25M | 21,245.17M | 19,381.88M | 15,344.81M | 13,597.69M | 12,520.99M | 12,563.24M | 11,734.97M | 5,739.74M | 4,233.73M | 3,517.79M | 2,889.61M | 2,325.99M | 2,886.30M | -104.59M | -224.22M | 602.98M | 220.93M | 8.89M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 8,755.5M | 7,975.8M | 6,656.8M | 10,621.3M | 6,053.9M | 8,330.9M | 7,282.6M | 10,569.4M | 7,153.6M | 8,056.3M | 5,816.4M | 5,513.4M | 5,380.8M | 3,046.6M | 2,664.7M | 2,150.9M | 2,436.2M | 2,031.6M | 2,337.1M | 1,931.4M | 2,069.8M | 1,216.8M | 1,194.8M |
| Total Capital | 47,813.1M | 47,808.5M | 48,215.4M | 44,849.7M | 38,170.6M | 34,476.6M | 29,224.3M | 30,229.3M | 25,623.8M | 26,783.6M | 25,536.3M | 22,141.0M | 18,043.9M | 12,356.3M | 11,456.0M | 10,189.0M | 9,851.2M | 9,390.1M | 2,247.0M | 2,713.6M | 3,095.4M | 2,470.7M | 2,057.0M |
| Capital Employed | 54,332.2M | 53,166.1M | 52,229.0M | 49,558.9M | 41,177.7M | 36,504.9M | 31,592.0M | 31,598.6M | 25,925.4M | 26,802.2M | 25,170.1M | 23,105.9M | 18,655.0M | 13,140.0M | 12,330.5M | 10,809.0M | 10,570.3M | 9,897.3M | 7,398.8M | 6,647.7M | 5,050.9M | 3,602.8M | 3,530.3M |
| Invested Capital | 38,853.7M | 40,506.3M | 41,479.4M | 35,290.8M | 33,486.6M | 28,071.4M | 24,015.5M | 21,888.9M | 19,889.9M | 19,755.1M | 19,663.6M | 17,087.3M | 12,798.1M | 9,626.4M | 8,938.7M | 7,847.9M | 7,320.1M | 7,548.5M | 2,142.4M | 2,489.4M | 3,063.8M | 2,368.3M | 2,057.0M |
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 | 2,231.35M | 3,212.31M | 2,269.68M | 3,814.06M | 4,688.90M | 3,404.87M | -2,389.49M | 675.83M | 186.82M | 532.17M | 2,481.95M | -1,253.20M | 730.33M | 290.10M | 751.97M | 182.72M | 0.00M | 0.00M | -348.65M | 621.43M | 473.49M | 0.00M | 455.54M |
| Depreciation & Amortization | 5,207.33M | 3,812.26M | 3,963.55M | 3,326.58M | 3,169.16M | 2,696.34M | 2,382.91M | 2,193.41M | 1,673.35M | 993.75M | 748.22M | 313.42M | 277.78M | 237.24M | 228.51M | 547.77M | 560.74M | 749.18M | 403.70M | 243.91M | 242.86M | 245.07M | 231.82M |
| 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 |
| Stock-Based Compensation | 7.03M | 5.52M | 0.00M | 20.80M | 17.00M | 14.49M | 13.46M | 10.71M | 8.03M | 0.00M | 0.00M | 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 | -203.99M | 1,401.86M | 612.70M | 51.64M | 306.14M | -1,289.63M | 3,039.47M | -1,189.71M | -13.25M | -256.90M | -158.00M | -429.55M | -653.32M | -32.28M | -48.66M | 112.28M | 204.26M | 328.54M | -703.45M | -222.65M | -11.62M | 208.99M | -93.59M |
| Accounts Receivable | -886.98M | 972.05M | 748.99M | -50.39M | -155.15M | -943.32M | 39.00M | 157.48M | -286.87M | -128.68M | -124.28M | -352.42M | -1.47M | -164.80M | -172.71M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 642.62M | 657.93M | 1,181.61M | -325.09M | -476.50M | -633.33M | -61.63M | -125.89M | -273.19M | -56.25M | -175.79M | -137.42M | -67.86M | -22.19M | 35.21M | -12.52M | -32.24M | 6.22M | -102.25M | -61.36M | -21.02M | 16.59M | -23.19M |
| Accounts Payable | 0.00M | 212.22M | 0.00M | 50.39M | 155.15M | 943.32M | -39.00M | -157.48M | 0.00M | 0.00M | 0.00M | 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 | 40.38M | -440.33M | -1,317.89M | 376.73M | 782.63M | -656.31M | 3,101.09M | -1,063.82M | 546.81M | -71.97M | 142.07M | 60.29M | -584.00M | 154.72M | 88.84M | 124.80M | 236.50M | 322.33M | -601.20M | -161.28M | 9.40M | 192.40M | -70.40M |
| Other Non-Cash Items | -2,638.31M | 2,571.24M | 579.39M | 379.65M | 239.62M | 79.67M | 3,965.19M | 1,262.88M | 932.04M | 523.96M | -1,869.32M | 3,109.32M | 1,200.60M | 537.26M | 2.08M | -25.52M | -764.99M | -1,077.72M | 538.82M | -403.05M | 146.61M | 491.89M | -593.77M |
| Net Cash from Operating Activities | 4,603.41M | 11,003.20M | 7,425.33M | 7,592.73M | 8,420.81M | 4,891.25M | 7,011.53M | 2,953.12M | 2,786.98M | 1,792.98M | 1,202.85M | 1,740.00M | 1,555.39M | 1,032.32M | 933.89M | 817.25M | 1,304.28M | 932.30M | -109.59M | 239.65M | 851.34M | 945.95M | 0.00M |
| Capital Expenditures (PPE) | -1,654.16M | -3,165.49M | -2,357.23M | -4,363.32M | -8,124.85M | -3,877.69M | -4,785.67M | -2,574.08M | -1,096.34M | -925.29M | -2,566.65M | -4,627.21M | -2,945.44M | -899.41M | -653.65M | -277.67M | -266.49M | -249.27M | -531.94M | -1,817.47M | -784.87M | -365.95M | -337.37M |
| Acquisitions (Net) | 0.00M | -6,248.67M | 0.00M | 0.00M | 10.20M | 0.00M | -388.00M | 0.00M | 191.00M | 0.00M | 0.76M | 14.67M | 18.28M | 0.00M | 50.22M | -428.42M | 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 | -979.88M | 0.00M | 0.00M | -93.06M | 0.00M | 0.00M | 0.00M | -115.18M | 0.00M | 0.00M | 0.00M | -407.52M | 0.00M | -50.66M | -14.60M | -34.14M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 1,200.36M | 0.00M | 0.00M | 0.00M | 0.00M | 185.00M | 0.00M | 0.00M | -51.81M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 8.96M | 39.52M | 0.00M | 0.00M |
| Other Investing Activities | 635.89M | -96.94M | -7,446.81M | 71.92M | 237.97M | 201.84M | 104.24M | 816.06M | 47.12M | 86.47M | 62.60M | 17.01M | 17.85M | 34.05M | 114.33M | -103.48M | -118.27M | 71.76M | 20.19M | 230.50M | 8.25M | -0.38M | 84.38M |
| Net Cash from Investing Activities | -1,018.28M | -9,793.29M | -8,603.68M | -4,291.40M | -7,876.68M | -3,675.86M | -5,069.43M | -2,552.90M | -858.22M | -838.82M | -2,648.15M | -4,595.53M | -2,909.31M | -865.36M | -604.27M | -809.57M | -384.76M | -177.51M | -919.27M | -1,578.01M | -787.76M | -380.92M | -287.13M |
| Net Debt Issuance | 914.53M | 3,493.51M | 1,991.39M | 5,341.90M | 871.32M | 1,621.82M | -3,206.02M | 3,225.67M | -2,145.46M | 1,044.81M | 3,133.96M | 3,411.47M | 4,203.46M | 300.81M | 300.96M | 14.36M | 302.42M | 73.80M | -220.55M | -580.21M | 1,238.37M | 103.27M | 332.21M |
| Long-Term Debt Issuance | 914.53M | 3,493.51M | 1,991.39M | 5,341.90M | 871.32M | 1,621.82M | -3,206.02M | 3,225.67M | -2,145.46M | 1,044.81M | 3,133.96M | 3,411.47M | 4,203.46M | 300.81M | 300.96M | 14.36M | 302.42M | 73.80M | -220.55M | -580.21M | 1,238.37M | 103.27M | 12.76M |
| 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 | 1,407.19M | 1,371.17M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 319.46M |
| Net Stock Issuance | 33.05M | 4.90M | 22.57M | 29.37M | 37.59M | 18.95M | 13.59M | 12.31M | 12.93M | 1.67M | -18.05M | -27.36M | -0.43M | -3.93M | -12.97M | -13.12M | 38.33M | 25.74M | 749.69M | 2,008.92M | -25.88M | 0.00M | 0.00M |
| Common Stock Issuance | 33.05M | 4.90M | 22.57M | 29.37M | 37.59M | 18.95M | 13.59M | 12.31M | 12.93M | 13.14M | 6.22M | 5.26M | 5.39M | 4.89M | 3.71M | 0.00M | 90.12M | 34.33M | 749.69M | 2,056.74M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -11.47M | -24.26M | -32.62M | -5.82M | -8.82M | -16.68M | -13.12M | -51.79M | -8.59M | -6.11M | -47.82M | -25.88M | 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 |
| Net Dividends Paid | -1,368.57M | -1,429.85M | -1,562.62M | -1,478.40M | -1,660.00M | -402.00M | -223.00M | -957.00M | -840.00M | -507.00M | -447.50M | -378.00M | -332.05M | -301.07M | -275.00M | -207.00M | -177.00M | -123.12M | -237.00M | -283.00M | -192.38M | -151.60M | -99.98M |
| Common Dividends Paid | -1,368.57M | -1,429.85M | -1,562.62M | -1,478.40M | -1,660.00M | -580.93M | -223.00M | -957.00M | -840.00M | -507.00M | -447.50M | -378.00M | -332.05M | -301.07M | -275.00M | -207.00M | -177.00M | -123.04M | -237.00M | -283.00M | -192.38M | -151.60M | -99.98M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 178.93M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.09M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -1,450.37M | -2,536.67M | -2,884.13M | -2,319.31M | -1,514.30M | -1,257.79M | -1,658.23M | -74.67M | -250.78M | -337.94M | -404.11M | -342.70M | -1.10M | 49.79M | -166.36M | 8.04M | 0.00M | 0.09M | -66.76M | 1.12M | -222.43M | -178.41M | -245.10M |
| Net Cash from Financing Activities | -1,871.36M | -468.11M | -2,432.79M | 1,573.56M | -2,265.39M | -19.02M | -5,073.66M | 2,206.30M | -3,223.32M | 201.54M | 2,264.30M | 2,663.42M | 3,869.88M | 45.60M | -153.38M | -197.72M | 163.74M | -23.50M | 225.39M | 1,146.83M | 797.68M | -226.73M | -12.87M |
| Effect of FX on Cash | 576.99M | 101.41M | 788.49M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -390.75M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | 2,290.75M | 741.81M | -2,822.66M | 4,874.88M | -1,721.26M | 1,196.37M | -3,131.56M | 2,606.53M | -1,294.57M | 1,155.70M | 819.00M | -192.11M | 2,515.96M | 212.56M | 176.25M | -190.04M | 689.45M | 546.48M | -803.46M | -191.54M | 861.26M | 338.30M | 456.37M |
| Cash at Beginning of Period | 26,378.33M | 38,114.64M | 9,558.83M | 4,683.95M | 6,405.20M | 5,208.83M | 8,340.39M | 5,733.85M | 7,028.42M | 5,872.72M | 5,053.72M | 5,245.83M | 2,729.87M | 2,517.31M | 2,341.06M | 2,531.11M | 1,841.65M | 1,295.18M | 2,098.64M | 2,290.18M | 1,428.92M | 1,090.63M | 634.26M |
| Cash at End of Period | 28,669.09M | 38,856.44M | 6,736.17M | 9,558.83M | 4,683.95M | 6,405.20M | 5,208.83M | 8,340.39M | 5,733.85M | 7,028.42M | 5,872.72M | 5,053.72M | 5,245.83M | 2,729.87M | 2,517.31M | 2,341.06M | 2,531.11M | 1,841.65M | 1,295.18M | 2,098.64M | 2,290.18M | 1,428.92M | 1,090.63M |
| Operating Cash Flow | 4,603.41M | 11,003.20M | 7,425.33M | 7,592.73M | 8,420.81M | 4,891.25M | 7,011.53M | 2,953.12M | 2,786.98M | 1,792.98M | 1,202.85M | 1,740.00M | 1,555.39M | 1,032.32M | 933.89M | 817.25M | 1,304.28M | 932.30M | -109.59M | 239.65M | 851.34M | 945.95M | 0.00M |
| Capital Expenditure | -9,213.71M | -3,165.49M | -3,548.41M | -4,363.32M | -8,124.85M | -3,877.69M | -4,785.67M | -2,574.08M | -1,096.34M | -925.29M | -2,566.65M | -4,627.21M | -2,945.44M | -899.41M | -653.65M | -277.67M | -266.49M | -157.35M | -531.94M | -1,605.99M | -784.87M | -365.95M | -337.37M |
| Free Cash Flow | -4,610.31M | 7,837.70M | 3,876.92M | 3,229.40M | 295.96M | 1,013.56M | 2,225.87M | 379.05M | 1,690.63M | 867.69M | -1,363.80M | -2,887.21M | -1,390.04M | 132.91M | 280.25M | 791.50M | 1,037.79M | 683.03M | -641.52M | -1,366.34M | 66.47M | 580.00M | -337.37M |
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 | 10,116.25M | 8,522.24M | 8,996.42M | 8,372.41M | 10,466.72M | 8,739.61M | 5,807.14M | 4,783.26M | 5,233.67M | 3,081.47M | 2,475.44M | 1,788.71M | 1,844.08M | 1,322.79M | 1,836.53M | 997.79M | 967.92M | 1,047.38M | 709.55M | 725.18M | 779.28M | 798.47M | 1,043.96M |
| (-) Tax Adjustment | 2,041.66M | 1,912.89M | 882.86M | 2,121.98M | 3,029.79M | 2,001.72M | 2,032.50M | 829.41M | 1,831.78M | 1,078.52M | 564.39M | 626.05M | 565.84M | 313.53M | 577.01M | 349.23M | 330.19M | 366.58M | 248.34M | 181.31M | 146.33M | 40.99M | 192.67M |
| (-) Change In Working Capital | -203.99M | 1,401.86M | 612.70M | 51.64M | 306.14M | -1,289.63M | 3,039.47M | -1,189.71M | -13.25M | -256.90M | -158.00M | -429.55M | -653.32M | -32.28M | -48.66M | 112.28M | 204.26M | 328.54M | -703.45M | -222.65M | -11.62M | 208.99M | -93.59M |
| (-) Capital Expenditure | -9,213.71M | -3,165.49M | -3,548.41M | -4,363.32M | -8,124.85M | -3,877.69M | -4,785.67M | -2,574.08M | -1,096.34M | -925.29M | -2,566.65M | -4,627.21M | -2,945.44M | -899.41M | -653.65M | -277.67M | -266.49M | -157.35M | -531.94M | -1,605.99M | -784.87M | -365.95M | -337.37M |
| Unlevered Free Cash Flow | -935.14M | 2,041.99M | 3,952.44M | 1,835.47M | -994.06M | 4,149.82M | -4,050.49M | 2,569.48M | 2,318.79M | 1,334.57M | -497.60M | -3,035.00M | -1,013.87M | 142.12M | 654.53M | 258.62M | 166.99M | 194.91M | 632.72M | -839.47M | -140.30M | 182.54M | 607.51M |
| (-) Net Interest Income After Taxes | -2,085.97M | -2,226.15M | -3,099.63M | -1,613.20M | -628.37M | -1,087.87M | -1,072.91M | -1,503.31M | -941.45M | -727.14M | -713.07M | -520.80M | -422.01M | -254.47M | -218.92M | -221.94M | 18.59M | -179.48M | -588.39M | 263.17M | 203.24M | -145.80M | -127.36M |
| Net Debt Issuance | 914.53M | 3,493.51M | 1,991.39M | 5,341.90M | 871.32M | 1,621.82M | -3,206.02M | 3,225.67M | -2,145.46M | 1,044.81M | 3,133.96M | 3,411.47M | 4,203.46M | 300.81M | 300.96M | 14.36M | 302.42M | 73.80M | -220.55M | -580.21M | 1,238.37M | 103.27M | 332.21M |
| Levered Free Cash Flow | 2,065.35M | 7,761.65M | 9,043.47M | 8,790.57M | 505.62M | 6,859.51M | -6,183.60M | 7,298.45M | 1,114.78M | 3,106.51M | 3,349.43M | 897.28M | 3,611.60M | 697.40M | 1,174.41M | 494.92M | 450.81M | 448.18M | 1,000.56M | -1,682.86M | 894.83M | 431.61M | 1,067.08M |