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Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Page: Company Financials

TRF Limited

Ticker: TRF.BO | Industry: Industrial - Machinery | Sector: Industrials
$257.00 +2.25 (0.88%)
As of: 2026-01-27

Master Data Export


Enterprise Value

Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Stock Price 362.47 472.20 205.86 180.71 127.36 75.89 113.95 171.35 238.68 273.96 329.89 283.80 133.14 265.98 373.37 847.49 688.00 688.00 688.00 688.00 688.00
Market Capitalization 3,985.18M 5,196.94M 2,265.40M 2,021.18M 1,401.45M 835.05M 1,253.32M 2,018.76M 2,521.02M 3,014.07M 3,628.27M 3,123.19M 1,464.88M 2,926.75M 4,110.01M 9,326.10M 7,571.04M 7,571.04M 7,571.04M 7,571.04M 3,785.52M
(-) Cash & Equivalents 1,289.28M 20.09M 96.44M -124.48M -7.44M -161.74M 148.48M -120.36M 186.23M -4.89M 0.00M 0.00M 0.00M 177.27M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
(+) Total Debt 791.67M 571.10M 734.03M 1,112.76M 1,266.40M 1,340.78M 1,048.74M 1,836.80M 2,515.77M 2,680.99M 2,746.77M 2,860.02M 2,800.79M 2,476.63M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Enterprise Value 3,487.57M 5,747.96M 2,902.98M 3,258.42M 2,675.28M 2,337.57M 2,153.58M 3,975.92M 4,850.56M 5,699.96M 6,375.04M 5,983.20M 4,265.68M 5,226.11M 4,110.01M 9,326.10M 7,571.04M 7,571.04M 7,571.04M 7,571.04M 3,785.52M

Income Statement

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31 2018-03-31 2017-03-31 2016-03-31 2015-03-31 2014-03-31 2013-03-31 2012-03-31 2011-03-31 2010-03-31 2009-03-31 2008-03-31 2007-03-31 2006-03-31 2005-03-31
Revenue 959M 1,371M 1,207M 1,400M 1,771M 1,271M 1,139M 1,864M 3,420M 4,393M 9,630M 11,225M 11,259M 11,745M 11,148M 13,274M 11,136M 8,659M 7,238M 4,463M 3,472M 2,166M 2,001M
Cost of Revenue 194M 640M 164M 882M 336M 568M 733M 1,266M 2,130M 3,645M 7,140M 8,346M 8,287M 6,916M 8,339M 9,969M 6,630M -140M -69M -92M 45M 60M -6M
Gross Profit 765M 731M 1,043M 517M 1,435M 703M 406M 598M 1,290M 749M 2,490M 2,879M 2,972M 4,830M 2,809M 3,305M 4,506M 8,799M 7,307M 4,555M 3,427M 2,105M 2,006M
Gross Profit Margin 79.8% 53.3% 86.4% 37.0% 81.0% 55.3% 35.6% 32.1% 37.7% 17.0% 25.9% 25.6% 26.4% 41.1% 25.2% 24.9% 40.5% 101.6% 101.0% 102.1% 98.7% 97.2% 100.3%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 1M 10M 74M 34M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 80M 242M 70M 80M 75M 55M 118M 193M 222M 177M 239M 196M 1,258M 2,388M 2,487M 1,097M 1,632M 1,181M 874M 644M 386M 257M 218M
Operating Expenses 433M 424M 610M 183M 871M 761M 151M 1,591M 1,916M 2,163M 2,374M 2,523M 3,157M 4,879M 3,145M 2,525M 4,259M 7,917M 6,445M 4,022M 3,096M 1,943M 1,896M
Operating Income (EBIT) 332M 307M 433M 334M 565M -57M 255M -993M -626M -1,415M 116M 357M -185M -49M -336M 779M 247M 882M 862M 533M 331M 162M 111M
Operating Income Margin 34.7% 22.4% 35.9% 23.9% 31.9% -4.5% 22.4% -53.3% -18.3% -32.2% 1.2% 3.2% -1.6% -0.4% -3.0% 5.9% 2.2% 10.2% 11.9% 11.9% 9.5% 7.5% 5.5%
Interest Income 0M 12M 0M 12M 23M 2M 21M 26M 15M 8M 34M 10M 1M 65M 1M 1M 14M 1M 3M 3M 1M 0M 0M
Interest Expense 138M 141M 141M 132M 248M 306M 380M 374M 609M 489M 478M 565M 580M 589M 549M 404M 240M 126M 79M 27M 26M 44M 41M
Net Interest Income -138M -129M -141M -120M -224M -304M -359M -348M -594M -481M -443M -555M -579M -523M -549M -403M -226M -125M -77M -24M -25M -43M -41M
Unusual Items -28M 104M 17M 202M 468M 200M -550M 17M 192M 46M -111M -83M 220M 305M 7M -105M 50M -18M -134M 100M -1M -3M -3M
EBT Excluding Unusual Items 194M 178M 292M 215M 341M -361M -104M -1,341M -1,220M -1,896M -328M -198M -764M -572M -885M 377M 21M 757M 786M 509M 307M 119M 69M
Pre-Tax Income 167M 282M 309M 417M 808M -161M -655M -1,325M -1,028M -1,850M -439M -282M -545M -267M -878M 272M 71M 739M 652M 609M 306M 116M 66M
Pre-Tax Margin 17.4% 20.6% 25.6% 29.8% 45.6% -12.7% -57.5% -71.1% -30.1% -42.1% -4.6% -2.5% -4.8% -2.3% -7.9% 2.0% 0.6% 8.5% 9.0% 13.6% 8.8% 5.3% 3.3%
Income Tax Expense 52M 21M 51M 21M -67M 0M 0M 0M 14M -180M -198M 61M 86M 15M 36M 138M 52M 251M 247M 186M 104M 45M 26M
Net Income 115M 291M 258M 346M 886M -230M -931M -1,850M -346M -1,341M -241M -363M -650M -289M -917M 134M 19M 488M 405M 423M 202M 71M 40M
Net Income Margin 12.0% 21.2% 21.4% 24.7% 50.0% -18.1% -81.7% -99.3% -10.1% -30.5% -2.5% -3.2% -5.8% -2.5% -8.2% 1.0% 0.2% 5.6% 5.6% 9.5% 5.8% 3.3% 2.0%
Depreciation & Amortization 26M 24M 25M 22M 20M 24M 27M 33M 34M 50M 55M 121M 137M 123M 121M 108M 85M 62M 39M 24M 14M 16M 17M
EBITDA 359M 331M 458M 357M 585M -33M 282M -960M -592M -1,365M 171M 478M -48M 74M -214M 887M 332M 944M 902M 556M 345M 178M 128M
EBITDA Margin 37.4% 24.1% 38.0% 25.5% 33.0% -2.6% 24.8% -51.5% -17.3% -31.1% 1.8% 4.3% -0.4% 0.6% -1.9% 6.7% 3.0% 10.9% 12.5% 12.5% 9.9% 8.2% 6.4%
NOPAT 229M 285M 361M 318M 611M -45M 201M -785M -495M -1,118M 92M 282M -146M -39M -265M 385M 66M 582M 536M 370M 219M 99M 66M
NOPAT Margin 23.9% 20.8% 29.9% 22.7% 34.5% -3.6% 17.7% -42.1% -14.5% -25.4% 1.0% 2.5% -1.3% -0.3% -2.4% 2.9% 0.6% 6.7% 7.4% 8.3% 6.3% 4.6% 3.3%
Owner's Earnings 141M 290M 245M 319M 893M -208M -908M -1,825M -338M -1,335M -238M -352M -571M -217M -920M 35M -217M 280M 320M 408M 189M 70M 43M
Owner's Earnings Margin 14.7% 21.1% 20.3% 22.8% 50.4% -16.4% -79.7% -97.9% -9.9% -30.4% -2.5% -3.1% -5.1% -1.8% -8.2% 0.3% -1.9% 3.2% 4.4% 9.1% 5.5% 3.2% 2.1%
EPS (Basic) 10.44 26.44 23.44 31.45 80.49 -20.94 -81.37 -168.15 -31.41 -121.87 -21.90 -33.03 -59.05 -26.23 -83.32 11.99 0.24 42.46 36.79 36.12 18.33 6.43 3.61
EPS (Diluted) 10.44 26.43 23.44 31.45 71.14 -20.94 -84.61 -168.15 -31.41 -121.87 -21.90 -33.03 -59.05 -26.23 -83.32 12.20 1.72 44.32 36.79 38.42 18.33 6.43 3.60
Shares (Basic) 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M
Shares (Diluted) 11M 11M 11M 11M 12M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M 11M

Balance Sheet

Metric MRQ MRQ-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31 2018-03-31 2017-03-31 2016-03-31 2015-03-31 2014-03-31 2013-03-31 2012-03-31 2011-03-31 2010-03-31 2009-03-31 2008-03-31 2007-03-31 2006-03-31 2005-03-31
Cash & Cash Equivalents 1,947.21M 0.00M 1,920.63M 718.64M 225.18M 194.76M 191.51M 397.60M 304.23M 218.94M 483.25M 430.17M 719.11M 552.90M 639.58M 709.10M 520.77M 434.60M 214.92M 163.13M 198.97M 27.73M 67.30M
Short-Term Investments 204.85M 738.19M 198.61M 655.58M 609.50M 0.06M 0.16M 220.91M 62.20M 57.78M 27.81M 0.00M 0.00M 0.00M 0.00M 3.75M 1,644.56M 1,445.84M 1,458.18M 1,067.97M 648.52M 220.46M 221.62M
Cash & Short-Term Investments 2,152.06M 738.19M 2,119.24M 1,374.22M 834.68M 194.82M 191.67M 618.51M 366.42M 276.72M 511.06M 430.17M 719.11M 552.90M 639.58M 712.85M 2,165.33M 1,880.44M 1,673.10M 1,231.10M 847.49M 248.19M 288.91M
Net Receivables 213.56M 0.00M 308.04M 990.63M 896.48M 1,394.07M 1,922.85M 2,201.25M 3,003.64M 3,809.80M 5,580.75M 7,265.23M 7,137.19M 6,932.36M 6,564.58M 6,050.62M 6,691.55M 0.00M 0.00M 6.11M 2,358.12M 1,628.92M 0.00M
Inventory 25.83M 0.00M 44.86M 56.19M 104.04M 211.67M 409.12M 588.19M 862.48M 1,002.94M 2,232.53M 2,548.36M 2,659.59M 1,968.97M 2,820.27M 1,992.17M 1,805.26M 1,554.39M 1,134.09M 735.28M 157.14M 202.83M 270.54M
Other Current Assets 270.75M -738.19M 226.80M 247.44M 839.95M 1,138.93M 998.39M 1,521.25M 636.51M 3,472.90M 791.90M 862.16M 834.65M 873.22M 157.21M 1,134.20M 12.51M 4,198.45M 2,975.85M 2,525.86M 5.51M 6.05M 1,254.38M
Total Current Assets 2,662.20M 0.00M 2,698.94M 2,668.48M 2,675.16M 2,939.49M 3,522.03M 4,929.20M 4,869.05M 8,562.37M 9,116.24M 11,105.91M 11,350.54M 10,327.44M 10,181.63M 9,889.83M 10,674.65M 7,633.27M 5,783.04M 4,498.35M 3,368.26M 2,085.99M 1,813.83M
Property, Plant & Equipment 247.33M 0.00M 212.85M 194.08M 171.73M 181.00M 199.17M 224.54M 381.95M 394.25M 620.86M 951.51M 972.57M 1,061.25M 1,101.59M 1,064.59M 855.54M 585.29M 282.01M 193.86M 68.90M 59.71M 57.38M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 756.24M 1,546.71M 1,465.06M 1,548.05M 1,450.13M 1,717.94M 1,563.60M 1,462.71M 744.04M 465.42M 141.09M 120.86M 0.00M 0.00M 0.00M
Intangible Assets 2.32M 0.00M 2.63M 0.35M 0.00M 0.14M 0.38M 0.97M 1.88M 3.59M 12.19M 1,565.05M 27.24M 37.89M 46.87M 59.14M 156.14M 106.45M 84.97M 79.44M 35.65M 33.07M 32.06M
Long-Term Investments 277.30M 0.00M 277.02M 0.31M 8.05M 7.35M 7.47M -216.52M 279.52M 178.99M 477.75M 404.31M 508.38M 487.50M 260.11M 21.90M -1,611.41M -1,408.94M -1,421.30M -1,031.09M -610.70M -216.38M -217.24M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 276.61M 245.36M 543.65M 1.83M 1.75M 23.20M 0.71M 2.87M 23.10M 14.87M 33.45M 26.23M 28.59M 9.30M 9.37M 23.31M 3.62M 3.09M
Other Non-Current Assets 236.67M 0.00M 201.71M 218.05M 271.20M 252.15M 270.53M 220.91M 588.89M 362.62M 310.06M 2.89M 2.79M 0.72M 51.21M 323.48M 0.00M 1,506.70M 1,459.17M 1,069.94M 651.46M 224.38M 228.22M
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 -170.54M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 763.61M 0.00M 694.22M 412.80M 450.97M 717.24M 722.90M 773.55M 2,010.30M 2,487.91M 2,909.11M 4,472.51M 2,963.98M 3,328.40M 3,038.24M 2,965.27M 0.00M 1,283.50M 555.24M 442.38M 168.62M 104.40M 103.51M
Total Assets 3,425.81M 0.00M 3,393.16M 3,081.27M 3,126.13M 3,656.73M 4,244.94M 5,702.75M 6,879.35M 11,050.28M 12,025.35M 15,578.42M 14,314.52M 13,655.83M 13,219.87M 12,855.10M 10,674.65M 8,916.78M 6,338.28M 4,940.73M 3,536.88M 2,190.38M 1,917.35M
Accounts Payable 294.78M 0.00M 376.29M 517.88M 626.36M 1,270.71M 1,770.70M 1,923.10M 2,554.23M 3,086.53M 3,933.39M 3,702.22M 3,949.35M 3,066.22M 3,734.99M 3,677.15M 3,468.54M 2,661.67M 728.64M 1,726.81M 1,057.75M 660.15M 538.29M
Short-Term Debt 1.25M 0.00M 0.00M 250.00M 2.22M 2,158.82M 2,194.65M 2,674.02M 2,060.80M 3,643.70M 4,016.61M 4,452.64M 3,010.55M 2,938.66M 2,600.22M 2,314.90M 0.00M 1,215.22M 0.00M 165.01M 0.00M 0.00M 0.00M
Tax Payables 0.00M 0.00M 0.00M 10.99M 10.99M 165.41M 165.41M 165.41M 172.20M 213.38M 215.38M 231.98M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 684.90M 2,169.86M 2,100.95M 2,117.38M 1,769.93M 4,349.29M 557.97M 497.11M 610.41M 317.88M 504.85M 455.79M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 732.23M 0.00M 831.19M 631.20M 457.64M -14.77M 232.33M -39.80M 486.30M 4,892.77M 1,792.79M 2,587.47M 3,621.61M 1,658.79M 2,644.13M 1,809.25M 2,113.71M 491.26M 1,637.02M 1,145.35M 175.82M 90.70M 65.22M
Total Current Liabilities 1,028.25M 0.00M 1,207.47M 1,410.07M 1,782.11M 5,750.03M 6,464.03M 6,840.11M 7,043.46M 16,185.67M 10,516.15M 11,471.42M 11,191.92M 7,981.53M 9,484.19M 8,257.08M 5,582.25M 4,368.15M 2,365.65M 3,037.16M 1,233.56M 750.85M 603.51M
Long-Term Debt 1,221.34M 0.00M 1,150.75M 941.71M 838.42M 799.08M 479.63M 362.08M 8.68M 339.95M 1,590.90M 1,750.79M 2,413.51M 2,604.17M 2,699.13M 2,241.68M 3,283.16M 924.09M 479.96M 344.73M 104.31M 412.71M 640.54M
Capital Lease Obligations 0.00M 0.00M 1.47M 2.31M 9.72M 7.04M 7.46M 7.78M 2.50M 0.50M 2.94M 2.79M 0.77M 0.95M 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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1.54M 2.03M 197.74M 451.14M 450.72M 448.46M 8.34M 0.23M 8.80M 1.35M 2.27M 0.00M 0.00M 15.92M 19.61M
Other Non-Current Liabilities 258.17M -834.68M 198.79M 220.80M 209.83M 196.15M 168.04M 207.68M 1.59M 4.62M 2.15M 645.13M 517.23M 51.84M 20.34M 9.22M -1,816.76M 1,215.22M 0.00M 165.01M 0.00M 0.00M 0.00M
Total Non-Current Liabilities 1,479.51M -834.68M 1,351.01M 1,164.82M 1,057.96M 1,002.26M 655.13M 577.53M 14.30M 347.11M 1,793.73M 2,849.84M 3,382.23M 3,105.42M 2,727.81M 2,251.14M 1,475.20M 2,140.66M 482.23M 509.74M 104.31M 428.63M 660.14M
Total Liabilities 2,507.76M -834.68M 2,558.48M 2,574.90M 2,840.07M 6,752.29M 7,119.16M 7,417.64M 7,057.76M 16,532.77M 12,309.88M 14,321.26M 14,574.15M 11,086.96M 12,212.00M 10,508.22M 7,057.45M 6,508.81M 2,847.88M 3,546.90M 1,337.87M 1,179.48M 1,263.65M
Preferred Stock 0.00M 4,390.01M 4,390.01M 4,226.10M 4,476.10M 2,262.92M 2,262.92M 2,262.92M 2,262.92M 3,695.62M 0.00M 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 110.04M 0.00M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 110.04M 55.02M 55.02M 55.02M 55.02M 55.02M
Retained Earnings 0.00M 0.00M -5,578.05M -4,392.14M -6,165.83M -7,044.82M -6,790.08M -5,878.10M -4,019.89M -3,695.62M -2,359.79M -2,119.31M -1,741.13M -1,087.57M -798.88M 118.02M 1,338.01M 1,361.65M 1,188.64M 872.09M 501.18M 372.23M 326.58M
Accumulated OCI 0.00M -3,555.34M 1,906.49M 446.63M 1,793.35M 1,726.52M 0.00M -173.73M -188.97M -144.22M -156.54M -1,076.62M -990.94M -1,002.14M -887.14M -770.99M -731.79M -622.79M -560.71M -519.86M -265.52M -257.30M -261.08M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 4.53M 4.52M 66.72M 76.51M 56.74M 49.50M 45.46M 686.63M 597.45M 408.42M 349.87M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 110.04M 834.68M 828.50M 390.64M 213.66M -2,945.34M -4,417.12M -3,678.87M -1,835.89M -34.18M -2,406.29M -3,085.89M -2,622.02M -1,979.67M -1,575.98M -542.92M 716.26M 848.91M 682.95M 407.25M 290.68M 169.95M 120.53M
Total Equity 110.04M 834.68M 828.50M 390.64M 213.66M -2,945.34M -4,417.12M -3,678.87M -1,835.89M -29.65M -2,401.77M -3,019.17M -2,545.51M -1,922.92M -1,526.48M -497.46M 1,402.89M 1,446.36M 1,091.37M 757.11M 290.68M 169.95M 120.53M
Total Liabilities & Equity 2,617.80M 0.00M 3,386.98M 2,965.54M 3,053.73M 3,806.95M 2,702.05M 3,738.77M 5,221.88M 16,503.12M 9,908.11M 11,302.09M 12,028.64M 9,164.03M 10,685.52M 10,010.76M 8,460.34M 7,955.17M 3,939.25M 4,304.01M 1,628.55M 1,349.44M 1,384.18M
Tangible Assets 3,423.49M 0.00M 3,390.53M 3,080.92M 3,126.13M 3,656.59M 4,244.56M 5,701.78M 6,121.23M 9,499.98M 10,548.10M 12,465.32M 12,837.14M 11,900.01M 11,609.41M 11,333.25M 9,774.47M 8,344.91M 6,112.21M 4,740.42M 3,501.23M 2,157.31M 1,885.29M
Tangible Equity 107.73M 834.68M 825.87M 390.29M 213.66M -2,945.48M -4,417.50M -3,679.84M -2,594.00M -1,579.95M -3,879.01M -6,132.28M -4,022.89M -3,678.75M -3,136.94M -2,019.31M 502.71M 874.48M 865.31M 556.81M 255.03M 136.88M 88.47M
Tangible Book Value 107.73M 834.68M 825.87M 390.29M 213.66M -2,945.48M -4,417.50M -3,679.84M -2,594.00M -1,579.95M -3,879.01M -6,132.28M -4,022.89M -3,678.75M -3,136.94M -2,019.31M 502.71M 874.48M 865.31M 556.81M 255.03M 136.88M 88.47M
Total Investments 482.14M 0.00M 475.64M 655.90M 616.87M 7.40M 7.63M 4.40M 279.52M 236.77M 505.56M 404.31M 508.38M 487.50M 260.11M 25.65M 33.15M 36.90M 36.88M 36.88M 37.82M 4.07M 4.37M
Net Debt -724.63M 0.00M -769.87M 473.08M 615.46M 2,763.14M 2,482.77M 2,638.50M 1,765.26M 3,764.71M 5,124.26M 5,773.26M 4,704.95M 4,989.93M 4,659.76M 3,847.48M 2,762.40M 1,704.71M 265.04M 346.61M -94.67M 384.98M 573.24M

Capital Metrics

Metric MRQ MRQ-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31 2018-03-31 2017-03-31 2016-03-31 2015-03-31 2014-03-31 2013-03-31 2012-03-31 2011-03-31 2010-03-31 2009-03-31 2008-03-31 2007-03-31 2006-03-31 2005-03-31
Working Capital 1,567.0M 0.0M 1,490.3M 1,141.6M 824.6M -2,656.3M -2,778.7M -1,991.4M -1,616.4M -4,000.8M -1,732.0M -908.2M 61.2M 543.1M 627.8M 1,063.3M 3,611.5M 2,953.2M 2,032.7M 1,344.3M 491.9M 751.5M 938.2M
Total Capital 2,073.7M 834.7M 1,986.9M 1,584.7M 1,068.0M 25.8M -27.1M 1,250.5M 2,066.1M 1,294.6M 4,815.8M 5,074.1M 5,262.9M 6,108.5M 6,066.5M 6,191.1M 4,731.2M 3,637.9M 2,177.3M 1,436.8M 660.5M 840.0M 1,022.1M
Capital Employed 2,330.6M 0.0M 2,184.5M 1,554.4M 1,403.3M -1,939.1M -2,055.8M -1,217.9M 393.9M -1,512.9M 1,177.1M 2,017.6M 3,025.2M 3,871.5M 3,666.0M 4,028.6M 3,611.5M 4,236.7M 2,588.0M 1,786.7M 660.5M 855.9M 1,041.7M
Invested Capital 126.5M 834.7M 66.3M 866.0M 842.8M -169.0M -218.6M 852.9M 1,761.9M 1,075.6M 4,332.5M 4,643.9M 4,543.8M 5,555.6M 5,426.9M 5,482.0M 4,210.4M 3,203.3M 1,962.3M 1,273.7M 461.5M 812.2M 954.8M

Cash Flow Statement

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31 2018-03-31 2017-03-31 2016-03-31 2015-03-31 2014-03-31 2013-03-31 2012-03-31 2011-03-31 2010-03-31 2009-03-31 2008-03-31 2007-03-31 2006-03-31 2005-03-31
Net Income 243.12M 308.31M 257.92M 346.04M 885.79M -230.42M -931.13M -1,850.34M -348.63M -1,341.14M -241.01M -281.57M -544.57M -267.19M -877.80M 271.85M 71.19M 738.68M 651.46M 608.95M 305.68M 115.77M 66.03M
Depreciation & Amortization 0.00M 17.27M 25.21M 22.36M 20.14M 24.16M 27.40M 33.02M 46.17M 89.05M 93.95M 121.06M 137.47M 123.40M 121.46M 107.79M 84.92M 62.15M 39.24M 23.64M 14.16M 15.67M 17.32M
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 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 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 0.00M -389.15M 695.72M 23.78M -77.22M -458.70M 547.38M -381.09M -1,089.74M 1,263.15M 850.28M -284.57M 546.63M -49.27M 184.36M -281.24M -342.01M -521.02M -583.27M -306.96M 358.08M 146.51M -219.72M
Accounts Receivable 0.00M -633.76M 761.23M -320.86M 519.99M 454.22M 353.75M -108.63M 308.06M 317.55M 642.09M -221.46M -417.50M 71.68M -828.15M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 0.00M 49.64M 11.33M 72.44M 312.40M 41.75M 151.81M 83.93M 142.43M 211.76M 150.62M 106.38M -644.59M 959.50M -742.84M -18.19M -135.57M -256.80M -310.94M -106.21M 45.70M 67.71M -17.72M
Accounts Payable 0.00M 0.00M -74.14M -15.54M -458.35M -276.34M -68.02M -346.78M -533.35M 242.99M 270.92M 22.42M 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 0.00M 194.97M -2.70M 287.73M -451.27M -678.34M 109.84M -9.61M -1,006.88M 1,051.39M 699.65M -390.95M 1,191.22M -1,008.77M 927.21M -263.05M -206.45M -264.22M -272.33M -200.75M 312.39M 78.80M -202.00M
Other Non-Cash Items -243.12M -184.12M -43.21M -53.15M 2.27M 288.13M 565.98M 1,640.92M 322.26M 541.18M 401.87M 539.85M 436.53M 516.85M 707.71M 487.22M 3.54M -198.85M -152.27M -294.86M -92.33M -12.90M 0.94M
Net Cash from Operating Activities 0.00M -241.97M 935.64M 339.03M 830.98M -376.83M 209.63M -557.48M -1,069.94M 552.24M 1,105.09M 94.76M 576.06M 323.79M 135.72M 585.61M -182.37M 80.97M -44.84M 30.77M 585.60M 265.05M -135.42M
Capital Expenditures (PPE) 0.00M -24.94M -37.96M -49.16M -13.33M -1.82M -4.06M -7.62M -26.47M -43.54M -52.23M -109.53M -58.49M -51.44M -124.12M -207.17M -320.35M -269.47M -124.56M -38.52M -26.50M -16.36M -14.20M
Acquisitions (Net) 0.00M 0.00M 0.00M 167.58M 5.88M 6.01M 0.00M 0.00M 236.39M 11.54M 75.56M 2.12M 0.00M 0.00M 0.00M -1,341.73M -211.41M -477.84M 0.00M -446.53M 0.00M 0.00M 0.00M
Purchases of Investments 0.00M 0.00M -4,261.62M -720.00M -1,926.21M 0.00M 0.00M 0.00M -175.20M 0.00M -66.20M -0.26M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 7.41M -33.75M 0.00M 0.00M
Sales / Maturities of Investments 0.00M 0.00M 3,129.71M 737.84M 1,342.92M 0.00M 245.00M 308.67M 1,483.89M 306.00M 0.00M 81.54M 0.00M 320.63M 3.75M 20.97M 3.75M 0.00M 0.00M 102.06M 0.00M 0.00M 0.00M
Other Investing Activities 0.00M 527.82M 40.07M 20.06M 69.03M 54.12M 360.51M -104.71M -175.20M -32.44M 82.22M 12.25M 527.95M 81.54M 8.50M 1.68M 20.07M 5.09M 6.07M 0.00M 5.64M 1.26M 1.73M
Net Cash from Investing Activities 0.00M 502.88M -1,129.79M 156.32M -521.72M 58.31M 601.45M 196.34M 1,343.41M 230.02M 29.99M -15.74M 469.46M 350.73M -111.87M -1,526.25M -507.94M -742.22M -118.49M -375.58M -54.61M -15.10M -12.46M
Net Debt Issuance 0.00M 0.00M -1.07M 49.47M -2,754.59M 377.96M -419.80M 154.37M -2,023.17M -565.20M -614.54M -535.03M -347.37M -317.44M 501.74M 1,516.92M 1,078.19M 1,048.68M 350.83M 326.94M -308.41M -227.82M 205.30M
Long-Term Debt Issuance 0.00M 0.00M -1.07M 266.20M -578.03M 180.14M -116.27M 155.49M -673.41M -565.20M -186.35M -537.98M -143.68M -324.85M 218.19M 1,155.00M 1,078.19M 1,048.68M 350.83M 0.00M 0.00M 0.00M 0.00M
Short-Term Debt Issuance 0.00M 0.00M 0.00M -216.73M -2,178.54M 197.83M -303.53M 852.56M -1,348.91M 0.00M -353.80M 749.61M -203.70M 8.60M 246.91M 361.92M 0.00M 0.00M 350.83M 326.94M -308.41M -227.82M 205.30M
Net Stock Issuance 0.00M 0.00M 0.00M 0.00M 2,640.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 32.93M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 2,640.00M 0.00M 0.00M 0.00M 2,500.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 32.93M 0.00M 0.00M 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 0.00M 0.00M 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 2,640.00M 0.00M 0.00M 0.00M 2,500.00M 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
Net Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -0.25M -4.67M 0.00M -13.42M 0.00M 0.00M -51.16M -25.56M -96.62M -75.55M -63.88M -49.43M -22.42M -16.15M -14.26M
Common Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -0.25M -4.67M 0.00M 0.00M 0.00M 0.00M -51.16M -25.56M -96.62M -75.55M -63.88M -49.43M -22.42M -16.15M -14.26M
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 0.40M 0.00M 0.00M -5.61M 0.00M 0.00M 0.00M
Other Financing Activities 0.00M -64.48M -5.13M -44.53M -188.50M -288.63M -371.50M 484.87M 1,914.30M -130.24M -480.40M 199.59M -0.19M -533.02M -544.41M 0.00M -37.35M -125.13M -79.49M -27.31M -28.92M -45.54M -43.68M
Net Cash from Financing Activities 0.00M -64.48M -6.20M 4.94M -303.09M 89.33M -791.30M 639.23M -109.13M -700.11M -1,094.93M -370.20M -876.91M -800.16M -93.83M 1,128.89M 755.38M 880.93M 207.46M 236.93M -359.74M -289.51M 147.37M
Effect of FX on Cash 0.00M 0.87M 21.30M 0.56M 20.47M 5.03M 3.69M -2.28M -2.25M 21.83M -9.41M 2.52M 0.16M 39.35M 26.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash 0.00M 115.83M -179.06M 492.01M 26.64M -224.17M 23.47M 96.45M 162.10M 103.99M 30.74M -288.66M 168.77M -86.30M -69.98M 188.25M 65.08M 219.68M 44.13M -107.89M 171.24M -39.57M -0.52M
Cash at Beginning of Period 0.00M 827.68M 718.64M 226.63M 199.98M 424.15M 400.68M 304.23M 142.13M 457.36M 426.62M 715.68M 546.91M 635.87M 705.84M 517.59M 434.60M 214.92M 170.79M 271.02M 27.73M 67.30M 67.81M
Cash at End of Period 0.00M 656.46M 539.58M 718.64M 226.63M 199.98M 424.15M 400.68M 304.23M 561.35M 457.36M 427.01M 715.68M 549.57M 635.87M 705.84M 499.67M 434.60M 214.92M 163.13M 198.97M 27.73M 67.30M
Operating Cash Flow 0.00M -241.97M 935.64M 339.03M 830.98M -376.83M 209.63M -557.48M -1,069.94M 552.24M 1,105.09M 94.76M 576.06M 323.79M 135.72M 585.61M -182.37M 80.97M -44.84M 30.77M 585.60M 265.05M -135.42M
Capital Expenditure 0.00M -24.94M -37.96M -49.16M -13.33M -1.82M -4.06M -7.62M -26.47M -43.54M -52.23M -109.53M -58.49M -51.44M -124.12M -207.17M -320.35M -269.47M -124.56M -38.52M -26.50M -16.36M -14.20M
Free Cash Flow 0.00M -266.91M 897.68M 289.87M 817.65M -378.65M 205.57M -565.11M -1,096.41M 508.70M 1,052.86M -14.77M 517.57M 272.35M 11.61M 378.45M -502.72M -188.51M -169.40M -7.75M 559.10M 248.69M -149.61M

Free Cash Flow

Metric TTM TTM-1 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31 2018-03-31 2017-03-31 2016-03-31 2015-03-31 2014-03-31 2013-03-31 2012-03-31 2011-03-31 2010-03-31 2009-03-31 2008-03-31 2007-03-31 2006-03-31 2005-03-31
EBITDA 958.29M 446.08M 998.39M 459.36M 1,379.96M 672.39M 315.22M 438.48M 1,101.19M 611.10M 2,232.23M 2,770.26M 1,851.58M 2,565.55M 443.30M 2,316.02M 2,958.42M 7,680.52M 6,472.82M 3,934.61M 3,054.96M 1,863.32M 1,805.96M
(-) Tax Adjustment 167.23M 6.81M 165.89M 22.97M 0.00M 0.46M 0.00M 0.00M 0.00M 59.55M 781.28M 0.00M 0.00M 0.00M 0.00M 810.61M 1,035.45M 2,609.72M 2,265.49M 1,203.03M 1,039.13M 652.16M 632.08M
(-) Change In Working Capital 0.00M -389.15M 695.72M 23.78M -77.22M -458.70M 547.38M -381.09M -1,089.74M 1,263.15M 850.28M -284.57M 546.63M -49.27M 184.36M -281.24M -342.01M -521.02M -583.27M -306.96M 358.08M 146.51M -219.72M
(-) Capital Expenditure 0.00M -24.94M -37.96M -49.16M -13.33M -1.82M -4.06M -7.62M -26.47M -43.54M -52.23M -109.53M -58.49M -51.44M -124.12M -207.17M -320.35M -269.47M -124.56M -38.52M -26.50M -16.36M -14.20M
Unlevered Free Cash Flow 791.06M 803.48M 98.83M 363.45M 1,443.85M 1,128.82M -236.22M 811.95M 2,164.46M -755.14M 548.45M 2,945.29M 1,246.46M 2,563.39M 134.82M 1,579.48M 1,944.64M 5,322.34M 4,666.04M 3,000.02M 1,631.25M 1,048.29M 1,379.39M
(-) Net Interest Income After Taxes -110.61M -119.53M -117.22M -113.60M -224.02M -303.75M -359.31M -348.39M -594.03M -434.38M -288.25M -554.92M -579.29M -523.29M -548.72M -261.89M -146.79M -82.58M -49.80M -16.69M -16.19M -28.25M -26.72M
Net Debt Issuance 0.00M 0.00M -1.07M 49.47M -2,754.59M 377.96M -419.80M 154.37M -2,023.17M -565.20M -614.54M -535.03M -347.37M -317.44M 501.74M 1,516.92M 1,078.19M 1,048.68M 350.83M 326.94M -308.41M -227.82M 205.30M
Levered Free Cash Flow 901.66M 923.02M 214.98M 526.52M -1,086.72M 1,810.53M -296.72M 1,314.71M 735.32M -885.96M 222.17M 2,965.18M 1,478.38M 2,769.24M 1,185.27M 3,358.29M 3,169.62M 6,453.59M 5,066.68M 3,343.65M 1,339.03M 848.72M 1,611.41M