Page: Company Financials
Wolters Kluwer N.V.
$80.56
-3.24 (-3.87%)
As of: 2026-01-27
Master Data Export
Enterprise Value
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Price | 156.98 | 122.50 | 95.16 | 94.16 | 69.29 | 64.96 | 49.96 | 40.26 | 35.49 | 28.81 | 23.49 | 18.64 | 14.01 | 14.32 | 16.09 | 13.88 | 14.19 | 22.57 | 20.13 | 16.45 | 14.85 | 11.45 | 18.45 | 28.68 | 28.48 | 36.10 | 38.63 |
| Market Capitalization | 37,736.55M | 30,001.74M | 24,255.69M | 24,447.25M | 18,359.68M | 17,565.00M | 13,899.37M | 11,576.65M | 10,443.15M | 8,526.41M | 7,028.99M | 5,543.41M | 4,181.89M | 4,296.77M | 4,769.08M | 4,048.17M | 4,100.78M | 6,875.56M | 6,469.78M | 5,208.07M | 4,603.43M | 3,541.49M | 5,355.40M | 8,363.54M | 7,977.71M | 10,018.45M | 10,719.19M |
| (-) Cash & Equivalents | 899.50M | 1,125.00M | 1,222.00M | 976.00M | 850.50M | 863.50M | 718.50M | 1,014.50M | 864.00M | 661.00M | 406.50M | 626.50M | 313.00M | 298.50M | 389.50M | 255.63M | 86.25M | 38.00M | 34.50M | 107.00M | 171.75M | 101.00M | 73.25M | 119.50M | 39.50M | 54.00M | 58.50M |
| (+) Total Debt | 3,924.00M | 3,666.00M | 3,455.00M | 3,245.50M | 3,165.00M | 3,127.50M | 2,716.50M | 3,177.00M | 2,751.00M | 2,565.00M | 2,443.50M | 2,733.50M | 2,492.00M | 2,297.00M | 2,492.00M | 1,417.50M | 170.75M | 471.50M | 521.75M | 468.25M | 342.25M | 553.00M | 497.50M | 1,065.00M | 1,234.50M | 1,181.50M | 1,159.00M |
| Enterprise Value | 40,761.05M | 32,542.74M | 26,488.69M | 26,716.75M | 20,674.18M | 19,829.00M | 15,897.37M | 13,739.15M | 12,330.15M | 10,430.41M | 9,065.99M | 7,650.41M | 6,360.89M | 6,295.27M | 6,871.58M | 5,210.05M | 4,185.28M | 7,309.06M | 6,957.03M | 5,569.32M | 4,773.93M | 3,993.49M | 5,779.65M | 9,309.04M | 9,172.71M | 11,145.95M | 11,819.69M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11,827M | 10,669M | 5,916M | 5,584M | 5,453M | 4,771M | 4,603M | 4,612M | 4,259M | 4,368M | 4,286M | 4,208M | 3,660M | 3,565M | 3,603M | 3,354M | 3,556M | 3,425M | 3,374M | 3,413M | 3,693M | 3,374M | 3,261M | 3,436M | 3,895M | 3,837M | 3,664M | 3,081M | 2,739M |
| Cost of Revenue | 3,963M | 3,347M | 1,626M | 1,576M | 1,718M | 1,505M | 1,503M | 1,529M | 1,297M | 1,331M | 1,315M | 1,323M | 1,173M | 1,143M | 1,171M | 1,108M | 1,278M | 1,226M | 1,202M | 1,236M | 1,383M | 1,234M | 1,243M | 947M | 1,060M | 1,041M | 976M | 822M | 752M |
| Gross Profit | 7,864M | 7,322M | 4,290M | 4,008M | 3,735M | 3,266M | 3,100M | 3,083M | 2,962M | 3,037M | 2,971M | 2,885M | 2,487M | 2,422M | 2,432M | 2,246M | 2,278M | 2,199M | 2,172M | 2,177M | 2,310M | 2,140M | 2,018M | 2,489M | 2,835M | 2,796M | 2,688M | 2,259M | 1,987M |
| Gross Profit Margin | 66.5% | 68.6% | 72.5% | 71.8% | 68.5% | 68.5% | 67.3% | 66.8% | 69.5% | 69.5% | 69.3% | 68.6% | 68.0% | 67.9% | 67.5% | 67.0% | 64.1% | 64.2% | 64.4% | 63.8% | 62.6% | 63.4% | 61.9% | 72.4% | 72.8% | 72.9% | 73.4% | 73.3% | 72.5% |
| R&D Expenses | 0M | 0M | 688M | 0M | 541M | 466M | 433M | 453M | 416M | 386M | 367M | 351M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 4,936M | 4,934M | 2,839M | 2,678M | 1,889M | 1,706M | 1,651M | 1,662M | 2,124M | 2,261M | 2,208M | 2,202M | 1,880M | 1,645M | 1,633M | 1,649M | 1,622M | 1,597M | 1,545M | 1,510M | 1,692M | 1,607M | 1,497M | 0M | 0M | 0M | 0M | 0M | 0M |
| Operating Expenses | 4,936M | 4,934M | 2,849M | 2,685M | 2,437M | 2,173M | 2,101M | 2,096M | 2,003M | 2,214M | 2,213M | 2,239M | 1,872M | 1,842M | 1,838M | 1,810M | 1,797M | 1,965M | 1,669M | 1,631M | 1,813M | 1,708M | 1,779M | 2,398M | 2,156M | 1,984M | 1,899M | 1,478M | 1,319M |
| Operating Income (EBIT) | 2,928M | 2,388M | 1,441M | 1,323M | 1,298M | 1,093M | 999M | 987M | 959M | 823M | 758M | 646M | 615M | 580M | 594M | 436M | 481M | 234M | 503M | 546M | 497M | 432M | 239M | 91M | 679M | 812M | 789M | 781M | 668M |
| Operating Income Margin | 24.8% | 22.4% | 24.4% | 23.7% | 23.8% | 22.9% | 21.7% | 21.4% | 22.5% | 18.8% | 17.7% | 15.4% | 16.8% | 16.3% | 16.5% | 13.0% | 13.5% | 6.8% | 14.9% | 16.0% | 13.5% | 12.8% | 7.3% | 2.6% | 17.4% | 21.2% | 21.5% | 25.3% | 24.4% |
| Interest Income | 0M | 98M | 52M | 0M | 21M | 4M | 10M | 17M | 12M | 10M | 4M | 2M | 2M | 3M | 4M | 6M | 8M | 6M | 15M | 6M | 8M | 0M | 20M | 33M | 0M | 0M | 0M | 0M | 0M |
| Interest Expense | 89M | 107M | 101M | 27M | 69M | 65M | 77M | 77M | 86M | 112M | 105M | 103M | 102M | 128M | 122M | 124M | 137M | 125M | 134M | 108M | 112M | 103M | 111M | 147M | 141M | 0M | 0M | 0M | 0M |
| Net Interest Income | -89M | -9M | -49M | -27M | -48M | -61M | -67M | -60M | -74M | -102M | -101M | -101M | -100M | -125M | -118M | -118M | -129M | -119M | -119M | -102M | -104M | -103M | -91M | -114M | -141M | 0M | 0M | 0M | 0M |
| Unusual Items | -61M | -30M | -14M | 1M | 26M | -104M | -1M | -72M | 5M | 5M | -2M | -3M | -3M | 35M | -19M | -8M | 1M | -2M | 2M | -14M | 16M | 12M | 71M | 23M | -415M | -535M | -299M | -235M | -193M |
| EBT Excluding Unusual Items | 2,839M | 2,379M | 1,392M | 1,296M | 1,250M | 1,032M | 932M | 927M | 885M | 721M | 657M | 545M | 515M | 455M | 476M | 318M | 352M | 115M | 384M | 444M | 393M | 329M | 148M | -23M | 538M | 812M | 789M | 781M | 668M |
| Pre-Tax Income | 2,778M | 2,349M | 1,378M | 1,297M | 1,276M | 928M | 931M | 855M | 890M | 726M | 655M | 542M | 512M | 490M | 457M | 310M | 353M | 113M | 386M | 430M | 409M | 341M | 219M | 0M | 123M | 277M | 490M | 546M | 475M |
| Pre-Tax Margin | 23.5% | 22.0% | 23.3% | 23.2% | 23.4% | 19.5% | 20.2% | 18.5% | 20.9% | 16.6% | 15.3% | 12.9% | 14.0% | 13.7% | 12.7% | 9.2% | 9.9% | 3.3% | 11.4% | 12.6% | 11.1% | 10.1% | 6.7% | 0.0% | 3.2% | 7.2% | 13.4% | 17.7% | 17.3% |
| Income Tax Expense | 621M | 476M | 299M | 290M | 249M | 201M | 216M | 189M | 234M | 89M | 165M | 119M | 38M | 137M | 114M | 68M | 66M | 3M | 71M | 100M | 87M | 80M | 85M | 64M | 88M | 172M | 186M | 181M | 159M |
| Net Income | 2,160M | 1,874M | 1,079M | 1,007M | 1,027M | 728M | 721M | 669M | 657M | 670M | 489M | 423M | 473M | 345M | 322M | 120M | 288M | 118M | 315M | 917M | 321M | 260M | 135M | -69M | 328M | 140M | 339M | 358M | 309M |
| Net Income Margin | 18.3% | 17.6% | 18.2% | 18.0% | 18.8% | 15.3% | 15.7% | 14.5% | 15.4% | 15.3% | 11.4% | 10.1% | 12.9% | 9.7% | 8.9% | 3.6% | 8.1% | 3.4% | 9.3% | 26.9% | 8.7% | 7.7% | 4.1% | -2.0% | 8.4% | 3.6% | 9.3% | 11.6% | 11.3% |
| Depreciation & Amortization | 950M | 963M | 479M | 445M | 432M | 421M | 423M | 421M | 433M | 396M | 360M | 377M | 332M | 316M | 312M | 269M | 279M | 469M | 202M | 201M | 208M | 172M | 341M | 535M | 118M | 107M | 89M | 167M | 132M |
| EBITDA | 3,878M | 3,351M | 1,920M | 1,768M | 1,730M | 1,514M | 1,422M | 1,408M | 1,392M | 1,219M | 1,118M | 1,023M | 947M | 896M | 906M | 705M | 760M | 703M | 705M | 747M | 705M | 604M | 580M | 626M | 797M | 919M | 878M | 948M | 800M |
| EBITDA Margin | 32.8% | 31.4% | 32.5% | 31.7% | 31.7% | 31.7% | 30.9% | 30.5% | 32.7% | 27.9% | 26.1% | 24.3% | 25.9% | 25.1% | 25.1% | 21.0% | 21.4% | 20.5% | 20.9% | 21.9% | 19.1% | 17.9% | 17.8% | 18.2% | 20.5% | 24.0% | 24.0% | 30.8% | 29.2% |
| NOPAT | 2,273M | 1,904M | 1,128M | 1,027M | 1,045M | 856M | 767M | 769M | 707M | 722M | 567M | 504M | 569M | 418M | 446M | 340M | 391M | 228M | 410M | 419M | 391M | 331M | 146M | 72M | 193M | 308M | 490M | 522M | 444M |
| NOPAT Margin | 19.2% | 17.8% | 19.1% | 18.4% | 19.2% | 17.9% | 16.7% | 16.7% | 16.6% | 16.5% | 13.2% | 12.0% | 15.6% | 11.7% | 12.4% | 10.1% | 11.0% | 6.7% | 12.2% | 12.3% | 10.6% | 9.8% | 4.5% | 2.1% | 5.0% | 8.0% | 13.4% | 16.9% | 16.2% |
| Owner's Earnings | 2,775M | 2,252M | 1,245M | 1,129M | 1,164M | 909M | 906M | 864M | 876M | 856M | 625M | 612M | 657M | 513M | 490M | 246M | 422M | 464M | 377M | 993M | 430M | 432M | 403M | 374M | 299M | 96M | 304M | 408M | 367M |
| Owner's Earnings Margin | 23.5% | 21.1% | 21.0% | 20.2% | 21.3% | 19.1% | 19.7% | 18.7% | 20.6% | 19.6% | 14.6% | 14.5% | 18.0% | 14.4% | 13.6% | 7.3% | 11.9% | 13.5% | 11.2% | 29.1% | 11.6% | 12.8% | 12.4% | 10.9% | 7.7% | 2.5% | 8.3% | 13.2% | 13.4% |
| EPS (Basic) | 9.03 | 7.40 | 4.54 | 4.11 | 4.03 | 2.80 | 2.72 | 2.48 | 2.37 | 2.23 | 1.68 | 1.44 | 1.60 | 1.17 | 1.05 | 0.40 | 0.97 | 0.41 | 1.10 | 3.05 | 1.04 | 0.86 | 1.05 | -0.22 | 1.34 | 0.50 | 0.67 | 1.29 | 1.11 |
| EPS (Diluted) | 8.99 | 7.34 | 4.53 | 4.09 | 4.01 | 2.78 | 2.70 | 2.46 | 2.36 | 2.33 | 1.66 | 1.42 | 1.58 | 1.15 | 1.07 | 0.40 | 0.96 | 0.41 | 1.09 | 3.01 | 1.00 | 0.82 | 0.44 | -0.22 | 1.07 | 0.50 | 1.18 | 1.29 | 1.11 |
| Shares (Basic) | 239M | 254M | 238M | 245M | 255M | 260M | 265M | 270M | 277M | 285M | 292M | 294M | 296M | 296M | 297M | 298M | 296M | 290M | 285M | 301M | 307M | 302M | 296M | 309M | 306M | 280M | 278M | 278M | 278M |
| Shares (Diluted) | 240M | 255M | 238M | 246M | 256M | 262M | 267M | 272M | 279M | 288M | 295M | 297M | 300M | 300M | 301M | 302M | 300M | 290M | 288M | 305M | 321M | 317M | 310M | 309M | 306M | 280M | 286M | 278M | 278M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 942.00M | 954.00M | 954.00M | 1,135.00M | 1,346.00M | 1,001.00M | 723.00M | 899.00M | 783.00M | 1,020.00M | 940.00M | 812.00M | 535.00M | 750.00M | 326.00M | 295.00M | 458.00M | 409.00M | 345.00M | 152.00M | 138.00M | 428.00M | 687.00M | 404.00M | 293.00M | 239.00M | 79.00M | 108.00M | 117.00M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 942.00M | 954.00M | 954.00M | 1,135.00M | 1,346.00M | 1,001.00M | 723.00M | 899.00M | 783.00M | 1,020.00M | 940.00M | 812.00M | 535.00M | 750.00M | 326.00M | 295.00M | 458.00M | 409.00M | 345.00M | 152.00M | 138.00M | 428.00M | 687.00M | 404.00M | 293.00M | 239.00M | 79.00M | 108.00M | 117.00M |
| Net Receivables | 1,602.00M | 1,542.00M | 1,542.00M | 1,247.00M | 1,259.00M | 1,180.00M | 1,135.00M | 1,264.00M | 1,207.00M | 1,060.00M | 1,175.00M | 1,151.00M | 1,033.00M | 964.00M | 1,046.00M | 1,008.00M | 956.00M | 929.00M | 989.00M | 969.00M | 906.00M | 991.00M | 824.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | 70.00M | 79.00M | 79.00M | 84.00M | 79.00M | 65.00M | 68.00M | 73.00M | 71.00M | 95.00M | 118.00M | 140.00M | 120.00M | 104.00M | 95.00M | 81.00M | 85.00M | 79.00M | 86.00M | 78.00M | 134.00M | 130.00M | 134.00M | 146.00M | 171.00M | 206.00M | 215.00M | 206.00M | 189.00M |
| Other Current Assets | 0.00M | 82.00M | 82.00M | 116.00M | 99.00M | 194.00M | 61.00M | 89.00M | 72.00M | 297.00M | 66.00M | 73.00M | 101.00M | 65.00M | 2.00M | 81.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 123.00M | 1,195.00M | 1,590.00M | 999.00M | 895.00M | 735.00M | 595.00M |
| Total Current Assets | 2,614.00M | 2,657.00M | 2,657.00M | 2,582.00M | 2,783.00M | 2,440.00M | 1,987.00M | 2,325.00M | 2,133.00M | 2,472.00M | 2,299.00M | 2,176.00M | 1,789.00M | 1,883.00M | 1,469.00M | 1,465.00M | 1,499.00M | 1,417.00M | 1,420.00M | 1,199.00M | 1,178.00M | 1,549.00M | 1,768.00M | 1,745.00M | 2,054.00M | 1,444.00M | 1,189.00M | 1,049.00M | 901.00M |
| Property, Plant & Equipment | 256.00M | 293.00M | 293.00M | 320.00M | 362.00M | 376.00M | 403.00M | 436.00M | 320.00M | 101.00M | 126.00M | 128.00M | 131.00M | 124.00M | 138.00M | 142.00M | 148.00M | 135.00M | 146.00M | 140.00M | 0.00M | 205.00M | 208.00M | 243.00M | 296.00M | 326.00M | 296.00M | 281.00M | 246.00M |
| Goodwill | 4,882.00M | 4,710.00M | 4,710.00M | 4,322.00M | 4,394.00M | 4,180.00M | 3,969.00M | 3,990.00M | 3,945.00M | 3,750.00M | 4,085.00M | 3,774.00M | 3,452.00M | 3,050.00M | 3,059.00M | 3,068.00M | 0.00M | 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 | 1,884.00M | 1,735.00M | 1,735.00M | 1,598.00M | 6,042.00M | 5,800.00M | 5,638.00M | 5,694.00M | 1,840.00M | 1,831.00M | 2,028.00M | 1,776.00M | 1,720.00M | 1,542.00M | 1,592.00M | 1,661.00M | 956.00M | 4,226.00M | 4,600.00M | 3,770.00M | 4,015.00M | 3,450.00M | 824.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Long-Term Investments | 38.00M | 36.00M | 36.00M | 35.00M | 51.00M | 34.00M | 34.00M | 67.00M | 15.00M | 14.00M | 24.00M | 12.00M | 20.00M | 47.00M | 0.00M | 0.00M | 63.00M | 0.00M | 0.00M | 0.00M | 0.00M | 10.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Assets | 58.00M | 56.00M | 56.00M | 0.00M | 199.00M | 213.00M | 72.00M | 102.00M | 107.00M | 93.00M | 109.00M | 80.00M | 85.00M | 88.00M | 78.00M | 80.00M | 89.00M | 107.00M | 38.00M | 42.00M | 56.00M | 23.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Assets | 0.00M | 11.00M | 11.00M | 65.00M | -4,378.00M | -4,162.00M | -3,949.00M | -3,990.00M | -107.00M | -93.00M | -109.00M | -80.00M | -85.00M | 11.00M | 108.00M | 154.00M | 73.00M | 71.00M | 89.00M | 43.00M | 317.00M | 117.00M | 97.00M | 14.00M | 20.00M | 35.00M | 30.00M | 32.00M | 22.00M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 168.00M | 123.00M | 125.00M | 98.00M | 97.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 7,118.00M | 6,841.00M | 6,841.00M | 6,340.00M | 6,670.00M | 6,441.00M | 6,167.00M | 6,299.00M | 6,288.00M | 5,819.00M | 6,388.00M | 5,788.00M | 5,420.00M | 4,862.00M | 4,975.00M | 5,105.00M | 1,329.00M | 4,539.00M | 4,873.00M | 3,995.00M | 4,388.00M | 3,805.00M | 1,129.00M | 257.00M | 316.00M | 361.00M | 326.00M | 313.00M | 268.00M |
| Total Assets | 9,732.00M | 9,498.00M | 9,498.00M | 8,922.00M | 9,453.00M | 8,881.00M | 8,154.00M | 8,624.00M | 8,421.00M | 8,291.00M | 8,687.00M | 7,964.00M | 7,209.00M | 6,745.00M | 6,444.00M | 6,570.00M | 2,828.00M | 5,956.00M | 6,293.00M | 5,194.00M | 5,566.00M | 5,354.00M | 2,897.00M | 2,002.00M | 2,370.00M | 1,805.00M | 1,515.00M | 1,362.00M | 1,169.00M |
| Accounts Payable | 922.00M | 1,087.00M | 159.00M | 37.00M | 147.00M | 123.00M | 133.00M | 169.00M | 193.00M | 333.00M | 414.00M | 392.00M | 384.00M | 368.00M | 383.00M | 388.00M | 337.00M | 352.00M | 356.00M | 371.00M | 420.00M | 411.00M | 318.00M | 268.00M | 284.00M | 317.00M | 0.00M | 0.00M | 0.00M |
| Short-Term Debt | 600.00M | 359.00M | 359.00M | 596.00M | 716.00M | 10.00M | 459.00M | 930.00M | 750.00M | 1,038.00M | 556.00M | 286.00M | 125.00M | 817.00M | 498.00M | 364.00M | 397.00M | 542.00M | 683.00M | 968.00M | 943.00M | 719.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Payables | 0.00M | 117.00M | 117.00M | 128.00M | 129.00M | 142.00M | 169.00M | 163.00M | 165.00M | 12.00M | 23.00M | 26.00M | 41.00M | 38.00M | 32.00M | 26.00M | 43.00M | 28.00M | 21.00M | 32.00M | 26.00M | 21.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Deferred Revenue | 1,994.00M | 0.00M | 0.00M | 1,985.00M | 1,946.00M | 1,789.00M | 1,584.00M | 1,718.00M | 1,637.00M | 1,529.00M | 1,555.00M | 1,522.00M | -125.00M | 1,652.00M | 1,707.00M | 1,294.00M | 0.00M | 1,097.00M | 1,094.00M | 1,032.00M | 1,027.00M | 1,022.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Current Liabilities | 25.00M | 2,158.00M | 3,086.00M | 668.00M | 687.00M | 755.00M | 666.00M | 195.00M | 618.00M | 467.00M | 410.00M | 323.00M | 1,709.00M | 317.00M | 337.00M | 1,581.00M | 1,448.00M | 1,354.00M | 1,432.00M | 1,296.00M | 1,305.00M | 1,277.00M | 1,266.00M | 1,085.00M | 1,329.00M | 1,424.00M | 1,841.00M | 1,564.00M | 1,212.00M |
| Total Current Liabilities | 3,541.00M | 3,721.00M | 3,721.00M | 3,414.00M | 3,625.00M | 2,819.00M | 3,011.00M | 3,175.00M | 3,363.00M | 3,379.00M | 2,958.00M | 2,549.00M | 2,134.00M | 3,192.00M | 2,957.00M | 3,653.00M | 2,225.00M | 3,373.00M | 3,586.00M | 3,699.00M | 3,721.00M | 3,450.00M | 1,584.00M | 1,353.00M | 1,613.00M | 1,741.00M | 1,841.00M | 1,564.00M | 1,212.00M |
| Long-Term Debt | 4,478.00M | 3,467.00M | 3,467.00M | 2,877.00M | 2,586.00M | 2,791.00M | 2,300.00M | 1,818.00M | 2,061.00M | 2,038.00M | 2,314.00M | 2,295.00M | 2,267.00M | 1,909.00M | 1,918.00M | 1,713.00M | 1,712.00M | 1,742.00M | 0.00M | 918.00M | 1,144.00M | 1,154.00M | 1,369.00M | 2,212.00M | 1,990.00M | 2,130.00M | 2,469.00M | 2,363.00M | 2,318.00M |
| Capital Lease Obligations | 0.00M | 242.00M | 242.00M | 272.00M | 244.00M | 260.00M | 276.00M | 293.00M | 188.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | 359.00M | 324.00M | 324.00M | 281.00M | 436.00M | 445.00M | 305.00M | 348.00M | 356.00M | 421.00M | 505.00M | 346.00M | 339.00M | 321.00M | 251.00M | 251.00M | 243.00M | 252.00M | 271.00M | 164.00M | 192.00M | 80.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 64.00M | 89.00M | 89.00M | 86.00M | -47.00M | -54.00M | 119.00M | -2.00M | 154.00M | 274.00M | 192.00M | 211.00M | 555.00M | 136.00M | 171.00M | 204.00M | 429.00M | 147.00M | 2,056.00M | 68.00M | 2.00M | 283.00M | 948.00M | 618.00M | 1,256.00M | 1,268.00M | 370.00M | 275.00M | 193.00M |
| Total Non-Current Liabilities | 4,901.00M | 4,122.00M | 4,122.00M | 3,516.00M | 3,219.00M | 3,442.00M | 3,000.00M | 2,457.00M | 2,759.00M | 2,733.00M | 3,011.00M | 2,852.00M | 3,161.00M | 2,366.00M | 2,340.00M | 2,168.00M | 2,384.00M | 2,141.00M | 2,327.00M | 1,150.00M | 1,338.00M | 1,517.00M | 2,317.00M | 2,830.00M | 3,246.00M | 3,398.00M | 2,839.00M | 2,638.00M | 2,511.00M |
| Total Liabilities | 8,442.00M | 7,843.00M | 7,843.00M | 6,930.00M | 6,844.00M | 6,261.00M | 6,011.00M | 5,632.00M | 6,122.00M | 6,112.00M | 5,969.00M | 5,401.00M | 5,295.00M | 5,558.00M | 5,297.00M | 5,821.00M | 4,609.00M | 5,514.00M | 5,913.00M | 4,849.00M | 5,059.00M | 4,967.00M | 3,901.00M | 4,183.00M | 4,859.00M | 5,139.00M | 4,680.00M | 4,202.00M | 3,723.00M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 80.00M | 392.00M | 0.00M | 0.00M | 0.00M | 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 | 29.00M | 29.00M | 29.00M | 30.00M | 31.00M | 32.00M | 32.00M | 33.00M | 34.00M | 35.00M | 36.00M | 36.00M | 36.00M | 36.00M | 36.00M | 36.00M | 36.00M | 35.00M | 34.00M | 37.00M | 37.00M | 37.00M | 36.00M | 35.00M | 34.00M | 34.00M | 34.00M | 33.00M | 31.00M |
| Retained Earnings | 0.00M | 1,359.00M | 1,359.00M | 2,038.00M | 2,461.00M | 2,330.00M | 2,308.00M | 2,297.00M | 2,408.00M | 2,491.00M | 2,518.00M | 2,297.00M | 2,159.00M | 1,921.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accumulated OCI | 771.00M | 540.00M | 540.00M | 215.00M | 466.00M | 215.00M | -118.00M | 242.00M | 182.00M | 2,129.00M | 458.00M | 335.00M | -80.00M | -392.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Minority Interest | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 4.00M | 5.00M | 5.00M | 15.00M | 20.00M | 20.00M | 21.00M | 19.00M | 21.00M | 33.00M | 36.00M | 0.00M | 0.00M | 0.00M | 0.00M | 3.00M | 2.00M | 3.00M | 6.00M | 9.00M |
| Total Shareholders’ Equity | 800.00M | 1,928.00M | 1,928.00M | 2,283.00M | 2,958.00M | 2,577.00M | 2,222.00M | 2,572.00M | 2,624.00M | 4,655.00M | 3,012.00M | 2,668.00M | 2,195.00M | 1,957.00M | 36.00M | 36.00M | 36.00M | 35.00M | 34.00M | 37.00M | 37.00M | 37.00M | 36.00M | 35.00M | 34.00M | 34.00M | 34.00M | 33.00M | 31.00M |
| Total Equity | 800.00M | 1,928.00M | 1,928.00M | 2,283.00M | 2,958.00M | 2,577.00M | 2,222.00M | 2,572.00M | 2,624.00M | 4,659.00M | 3,017.00M | 2,673.00M | 2,210.00M | 1,977.00M | 56.00M | 57.00M | 55.00M | 56.00M | 67.00M | 73.00M | 37.00M | 37.00M | 36.00M | 35.00M | 37.00M | 36.00M | 37.00M | 39.00M | 40.00M |
| Total Liabilities & Equity | 9,242.00M | 9,771.00M | 9,771.00M | 9,213.00M | 9,802.00M | 8,838.00M | 8,233.00M | 8,204.00M | 8,746.00M | 10,771.00M | 8,986.00M | 8,074.00M | 7,505.00M | 7,535.00M | 5,353.00M | 5,878.00M | 4,664.00M | 5,570.00M | 5,980.00M | 4,922.00M | 5,096.00M | 5,004.00M | 3,937.00M | 4,218.00M | 4,896.00M | 5,175.00M | 4,717.00M | 4,241.00M | 3,763.00M |
| Tangible Assets | 2,966.00M | 3,053.00M | 3,053.00M | 3,002.00M | -983.00M | -1,099.00M | -1,453.00M | -1,060.00M | 2,636.00M | 2,710.00M | 2,574.00M | 2,414.00M | 2,037.00M | 2,153.00M | 1,793.00M | 1,841.00M | 1,872.00M | 1,730.00M | 1,693.00M | 1,424.00M | 1,551.00M | 1,904.00M | 2,073.00M | 2,002.00M | 2,370.00M | 1,805.00M | 1,515.00M | 1,362.00M | 1,169.00M |
| Tangible Equity | -5,966.00M | -4,517.00M | -4,517.00M | -3,637.00M | -7,478.00M | -7,403.00M | -7,385.00M | -7,112.00M | -3,161.00M | -922.00M | -3,096.00M | -2,877.00M | -2,962.00M | -2,615.00M | -4,595.00M | -4,672.00M | -901.00M | -4,170.00M | -4,533.00M | -3,697.00M | -3,978.00M | -3,413.00M | -788.00M | 35.00M | 37.00M | 36.00M | 37.00M | 39.00M | 40.00M |
| Tangible Book Value | -5,966.00M | -4,517.00M | -4,517.00M | -3,637.00M | -7,478.00M | -7,403.00M | -7,385.00M | -7,112.00M | -3,161.00M | -922.00M | -3,096.00M | -2,877.00M | -2,962.00M | -2,615.00M | -4,595.00M | -4,672.00M | -901.00M | -4,170.00M | -4,533.00M | -3,697.00M | -3,978.00M | -3,413.00M | -788.00M | 35.00M | 37.00M | 36.00M | 37.00M | 39.00M | 40.00M |
| Total Investments | 38.00M | 36.00M | 36.00M | 35.00M | 51.00M | 34.00M | 34.00M | 67.00M | 15.00M | 14.00M | 24.00M | 12.00M | 20.00M | 47.00M | 95.00M | 154.00M | 63.00M | 71.00M | 89.00M | 43.00M | 131.00M | 10.00M | 97.00M | 14.00M | 20.00M | 35.00M | 30.00M | 32.00M | 22.00M |
| Net Debt | 4,136.00M | 2,872.00M | 2,872.00M | 2,338.00M | 1,956.00M | 1,800.00M | 2,036.00M | 1,849.00M | 2,028.00M | 2,056.00M | 1,930.00M | 1,769.00M | 1,857.00M | 1,976.00M | 2,090.00M | 1,782.00M | 1,651.00M | 1,875.00M | 338.00M | 1,734.00M | 1,949.00M | 1,445.00M | 682.00M | 1,808.00M | 1,697.00M | 1,891.00M | 2,390.00M | 2,255.00M | 2,201.00M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | -1,057.0M | -1,127.0M | -1,127.0M | -1,036.0M | -892.0M | -318.0M | -968.0M | -1,333.0M | -1,275.0M | -974.0M | -751.0M | -459.0M | -477.0M | -912.0M | -1,074.0M | -931.0M | -780.0M | -884.0M | -1,099.0M | -1,521.0M | -1,569.0M | -927.0M | 148.0M | 392.0M | 389.0M | -297.0M | -652.0M | -515.0M | -311.0M |
| Total Capital | 6,121.0M | 5,613.0M | 5,613.0M | 5,494.0M | 5,925.0M | 5,548.0M | 5,194.0M | 5,496.0M | 5,320.0M | 5,304.0M | 5,482.0M | 5,053.0M | 4,504.0M | 4,274.0M | 3,947.0M | 3,599.0M | 4,158.0M | 3,602.0M | 2,097.0M | 3,064.0M | 3,281.0M | 2,971.0M | 2,144.0M | 3,073.0M | 3,237.0M | 3,509.0M | 4,299.0M | 3,851.0M | 3,329.0M |
| Capital Employed | 6,061.0M | 5,714.0M | 5,714.0M | 5,304.0M | 5,778.0M | 6,123.0M | 5,199.0M | 4,966.0M | 5,013.0M | 4,845.0M | 5,637.0M | 5,329.0M | 4,943.0M | 3,950.0M | 3,901.0M | 4,174.0M | 4,177.0M | 3,655.0M | 3,774.0M | 2,474.0M | 2,819.0M | 2,878.0M | 3,092.0M | 3,691.0M | 4,496.0M | 4,779.0M | 4,672.0M | 4,132.0M | 3,531.0M |
| Invested Capital | 5,179.0M | 4,659.0M | 4,659.0M | 4,359.0M | 4,579.0M | 4,547.0M | 4,471.0M | 4,597.0M | 4,537.0M | 4,284.0M | 4,542.0M | 4,241.0M | 3,969.0M | 3,524.0M | 3,621.0M | 3,304.0M | 3,700.0M | 3,193.0M | 1,752.0M | 2,912.0M | 3,143.0M | 2,543.0M | 1,457.0M | 2,669.0M | 2,944.0M | 3,270.0M | 4,220.0M | 3,743.0M | 3,212.0M |
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 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2,160.00M | 1,874.00M | 1,079.00M | 1,007.00M | 1,027.00M | 728.00M | 721.00M | 669.00M | 656.00M | 636.00M | 489.00M | 423.00M | 473.00M | 353.00M | 343.00M | 120.00M | 288.00M | 118.00M | 315.00M | 917.00M | 321.00M | 260.00M | 135.00M | -69.00M | 328.00M | 140.00M | 339.00M | 358.00M | 309.00M |
| Depreciation & Amortization | 950.00M | 963.00M | 479.00M | 440.00M | 432.00M | 421.00M | 423.00M | 421.00M | 433.00M | 396.00M | 360.00M | 377.00M | 332.00M | 316.00M | 312.00M | 269.00M | 279.00M | 469.00M | 202.00M | 201.00M | 208.00M | 172.00M | 341.00M | 535.00M | 118.00M | 107.00M | 89.00M | 0.00M | 0.00M |
| Deferred Income Tax | -20.00M | -968.00M | 0.00M | -8.00M | -24.00M | -14.00M | -12.00M | -968.00M | 52.00M | -70.00M | 35.00M | -37.00M | -26.00M | -155.00M | -200.00M | 119.00M | 182.00M | -83.00M | 0.00M | -602.00M | -23.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 31.00M | 56.00M | 31.00M | 31.00M | 28.00M | 24.00M | 24.00M | 25.00M | 22.00M | 23.00M | 18.00M | 19.00M | 22.00M | 14.00M | 15.00M | 16.00M | 16.00M | 17.00M | 17.00M | 17.00M | 17.00M | 12.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | 59.00M | 285.00M | 82.00M | 98.00M | 178.00M | 150.00M | 39.00M | -27.00M | -74.00M | -26.00M | 43.00M | 18.00M | 4.00M | -22.00M | 15.00M | 23.00M | 4.00M | -7.00M | -19.00M | -18.00M | 9.00M | 0.00M | 0.00M | 34.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accounts Receivable | 4.00M | -3.00M | -32.00M | 4.00M | 91.00M | -94.00M | 16.00M | -88.00M | -71.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Inventory | -7.00M | -14.00M | 9.00M | 0.00M | -11.00M | -3.00M | 0.00M | -2.00M | -3.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accounts Payable | 0.00M | 120.00M | 41.00M | 21.00M | 24.00M | 120.00M | -50.00M | -11.00M | 42.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | -39.00M | 81.00M | 64.00M | 73.00M | 74.00M | 127.00M | 73.00M | 74.00M | -42.00M | -26.00M | 43.00M | 18.00M | 4.00M | -22.00M | 0.00M | 0.00M | 0.00M | 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-Cash Items | 474.00M | 1,784.00M | -17.00M | -23.00M | -59.00M | -17.00M | 3.00M | 982.00M | -88.00M | -19.00M | -18.00M | 6.00M | -168.00M | 124.00M | 134.00M | -11.00M | -223.00M | -4.00M | 6.00M | -3.00M | 3.00M | -15.00M | 58.00M | 0.00M | 129.00M | 303.00M | 124.00M | 252.00M | 212.00M |
| Net Cash from Operating Activities | 3,189.00M | 2,942.00M | 1,654.00M | 1,545.00M | 1,582.00M | 1,292.00M | 1,198.00M | 1,102.00M | 1,001.00M | 940.00M | 927.00M | 843.00M | 663.00M | 630.00M | 619.00M | 536.00M | 546.00M | 510.00M | 521.00M | 512.00M | 535.00M | 429.00M | 534.00M | 500.00M | 575.00M | 550.00M | 552.00M | 610.00M | 521.00M |
| Capital Expenditures (PPE) | -628.00M | -585.00M | -313.00M | -324.00M | -295.00M | -240.00M | -238.00M | -226.00M | -214.00M | -210.00M | -224.00M | -188.00M | -148.00M | -148.00M | -144.00M | -143.00M | -145.00M | -123.00M | -140.00M | -125.00M | -99.00M | 0.00M | -73.00M | -92.00M | -147.00M | -151.00M | -124.00M | -117.00M | -74.00M |
| Acquisitions (Net) | -1,163.00M | -75.00M | -333.00M | -52.00M | 14.00M | -32.00M | -338.00M | 6.00M | 141.00M | -219.00M | -435.00M | -154.00M | -149.00M | -129.00M | -103.00M | 0.00M | -261.00M | -54.00M | -665.00M | -111.00M | -760.00M | 0.00M | -56.00M | -97.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Purchases of Investments | -6.00M | -34.00M | 0.00M | 0.00M | -18.00M | -16.00M | 325.00M | -11.00M | -11.00M | 200.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -20.00M | -7.00M | 140.00M | 125.00M | 99.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Sales / Maturities of Investments | 2.00M | 40.00M | 0.00M | 0.00M | 4.00M | 0.00M | 12.00M | 200.00M | -130.00M | 19.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 145.00M | 123.00M | 2.00M | 4.00M | 105.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | 8.00M | 94.00M | -6.00M | 2.00M | -4.00M | 1.00M | -325.00M | -200.00M | 131.00M | 1.00M | -10.00M | -31.00M | -43.00M | -2.00M | -11.00M | -266.00M | -144.00M | -122.00M | -139.00M | -107.00M | -92.00M | -339.00M | -10.00M | 485.00M | -298.00M | -513.00M | -470.00M | -414.00M | -1,058.00M |
| Net Cash from Investing Activities | -1,793.00M | -587.00M | -652.00M | -374.00M | -299.00M | -287.00M | -564.00M | -231.00M | -83.00M | -409.00M | -669.00M | -373.00M | -340.00M | -279.00M | -258.00M | -409.00M | -425.00M | -183.00M | -802.00M | -214.00M | -747.00M | -339.00M | -139.00M | 296.00M | -445.00M | -664.00M | -594.00M | -531.00M | -1,132.00M |
| Net Debt Issuance | 1,656.00M | 95.00M | 499.00M | 51.00M | 505.00M | 400.00M | 59.00M | 66.00M | -605.00M | 479.00M | 2.00M | 0.00M | -309.00M | 330.00M | -176.00M | -45.00M | 30.00M | -141.00M | 606.00M | -193.00M | 16.00M | -301.00M | -65.00M | -616.00M | 48.00M | 338.00M | 92.00M | -49.00M | 685.00M |
| Long-Term Debt Issuance | 114.00M | 95.00M | 499.00M | 51.00M | 505.00M | 400.00M | 59.00M | -3.00M | -605.00M | 479.00M | -3.00M | 0.00M | -309.00M | 330.00M | -176.00M | -45.00M | 29.00M | -134.00M | 613.00M | -202.00M | 38.00M | -347.00M | -65.00M | -432.00M | -136.00M | 557.00M | -23.00M | -156.00M | 753.00M |
| Short-Term Debt Issuance | 1,542.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -74.00M | 2.00M | 0.00M | -5.00M | 5.00M | 20.00M | 0.00M | 0.00M | 0.00M | -7.00M | 1.00M | -7.00M | -7.00M | 9.00M | -22.00M | 46.00M | 353.00M | -184.00M | 184.00M | -219.00M | 115.00M | 107.00M | -68.00M |
| Net Stock Issuance | -2,083.00M | -1,635.00M | -1,000.00M | -1,000.00M | -1,000.00M | -410.00M | -350.00M | -350.00M | -550.00M | -302.00M | -198.00M | -140.00M | -25.00M | -27.00M | -133.00M | -100.00M | 5.00M | 1.00M | 0.00M | -641.00M | -15.00M | 11.00M | 0.00M | -10.00M | -23.00M | 7.00M | -16.00M | 11.00M | 24.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 5.00M | 1.00M | 0.00M | 4.00M | 4.00M | 11.00M | 0.00M | 0.00M | 1.00M | 7.00M | 3.00M | 11.00M | 24.00M |
| Common Stock Repurchased | -2,083.00M | -1,635.00M | -1,000.00M | -1,000.00M | -1,000.00M | -410.00M | -350.00M | -350.00M | -550.00M | -302.00M | -198.00M | -140.00M | -25.00M | -27.00M | -133.00M | -100.00M | 0.00M | 0.00M | 0.00M | -645.00M | -19.00M | 0.00M | 0.00M | -10.00M | -24.00M | 0.00M | -19.00M | 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 | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -1,037.00M | -811.00M | -521.00M | -467.00M | -424.00M | -373.00M | -334.00M | -280.00M | -277.00M | -232.00M | -223.00M | -263.00M | -209.00M | -204.00M | -92.00M | -127.00M | -118.00M | -125.00M | -125.00M | -111.00M | -80.00M | -69.00M | -81.00M | -73.00M | -92.00M | -72.00M | -64.00M | -61.00M | -54.00M |
| Common Dividends Paid | -1,037.00M | -811.00M | -521.00M | -467.00M | -424.00M | -373.00M | -334.00M | -280.00M | -277.00M | -232.00M | -223.00M | -263.00M | -209.00M | -204.00M | -92.00M | -127.00M | -118.00M | -125.00M | -125.00M | -111.00M | -80.00M | -69.00M | -81.00M | -73.00M | -92.00M | -72.00M | -64.00M | -61.00M | -54.00M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1.00M | 0.00M | 2.00M | 0.00M | 0.00M | 0.00M | 0.00M | 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 | -38.00M | 141.00M | -64.00M | -65.00M | -72.00M | -68.00M | -2.00M | -67.00M | -67.00M | -5.00M | -1.00M | 20.00M | -22.00M | 0.00M | 113.00M | -7.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 23.00M | -5.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Cash from Financing Activities | -1,502.00M | -2,210.00M | -1,086.00M | -1,481.00M | -991.00M | -451.00M | -627.00M | -631.00M | -1,499.00M | -60.00M | -419.00M | -383.00M | -563.00M | 99.00M | -401.00M | -279.00M | -83.00M | -265.00M | 481.00M | -945.00M | -79.00M | -359.00M | -111.00M | -676.00M | -72.00M | 273.00M | 12.00M | -99.00M | 655.00M |
| Effect of FX on Cash | -39.00M | 74.00M | 40.00M | -31.00M | 44.00M | 76.00M | -77.00M | 15.00M | 9.00M | -109.00M | 23.00M | 27.00M | 10.00M | -19.00M | 1.00M | 1.00M | 11.00M | 2.00M | -7.00M | -4.00M | 1.00M | 10.00M | -1.00M | -9.00M | -4.00M | 1.00M | 1.00M | 11.00M | 1.00M |
| Net Change in Cash | 925.00M | 164.00M | -44.00M | -195.00M | 345.00M | 278.00M | -176.00M | 116.00M | -572.00M | 362.00M | -138.00M | 114.00M | -230.00M | 540.00M | 45.00M | -163.00M | 49.00M | 64.00M | 193.00M | 14.00M | -290.00M | -259.00M | 283.00M | 111.00M | 54.00M | 160.00M | -29.00M | -9.00M | 45.00M |
| Cash at Beginning of Period | 2,914.00M | 4,396.00M | 989.00M | 1,330.00M | 1,001.00M | 723.00M | 899.00M | 783.00M | 751.00M | 389.00M | 527.00M | 413.00M | 643.00M | 215.00M | 283.00M | 458.00M | 409.00M | 345.00M | 152.00M | 138.00M | 428.00M | 687.00M | 404.00M | 293.00M | 239.00M | 79.00M | 108.00M | 117.00M | 72.00M |
| Cash at End of Period | 3,839.00M | 4,560.00M | 954.00M | 1,135.00M | 1,346.00M | 1,001.00M | 723.00M | 899.00M | 179.00M | 751.00M | 389.00M | 527.00M | 413.00M | 755.00M | 328.00M | 295.00M | 458.00M | 409.00M | 345.00M | 152.00M | 138.00M | 428.00M | 687.00M | 404.00M | 293.00M | 239.00M | 79.00M | 108.00M | 117.00M |
| Operating Cash Flow | 3,189.00M | 2,942.00M | 1,654.00M | 1,545.00M | 1,582.00M | 1,292.00M | 1,198.00M | 1,102.00M | 1,001.00M | 940.00M | 927.00M | 843.00M | 663.00M | 630.00M | 619.00M | 536.00M | 546.00M | 510.00M | 521.00M | 512.00M | 535.00M | 429.00M | 534.00M | 500.00M | 575.00M | 550.00M | 552.00M | 610.00M | 521.00M |
| Capital Expenditure | -335.00M | -585.00M | -313.00M | -323.00M | -295.00M | -240.00M | -238.00M | -226.00M | -214.00M | -210.00M | -224.00M | -188.00M | -148.00M | -148.00M | -144.00M | -143.00M | -145.00M | -123.00M | -140.00M | -125.00M | -99.00M | 0.00M | -73.00M | -92.00M | -147.00M | -151.00M | -124.00M | -117.00M | -74.00M |
| Free Cash Flow | 2,854.00M | 2,357.00M | 1,341.00M | 1,222.00M | 1,287.00M | 1,052.00M | 960.00M | 876.00M | 787.00M | 730.00M | 703.00M | 655.00M | 515.00M | 482.00M | 475.00M | 393.00M | 401.00M | 387.00M | 381.00M | 387.00M | 436.00M | 429.00M | 461.00M | 408.00M | 428.00M | 399.00M | 428.00M | 493.00M | 447.00M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 3,878.00M | 3,351.00M | 1,242.00M | 1,775.00M | 1,737.00M | 1,515.00M | 1,439.00M | 1,389.00M | 855.00M | 786.00M | 756.00M | 709.00M | 939.00M | 1,093.00M | 1,111.00M | 866.00M | 935.00M | 1,071.00M | 829.00M | 868.00M | 826.00M | 705.00M | 862.00M | 3,024.00M | 2,953.00M | 2,903.00M | 2,777.00M | 2,426.00M | 2,119.00M |
| (-) Tax Adjustment | 866.90M | 679.04M | 269.49M | 396.88M | 338.96M | 328.14M | 333.86M | 307.04M | 224.80M | 96.36M | 190.44M | 155.67M | 69.69M | 305.59M | 277.14M | 189.96M | 174.82M | 28.43M | 152.48M | 201.86M | 175.70M | 165.40M | 301.70M | 0.00M | 1,033.55M | 1,016.05M | 971.95M | 804.22M | 709.31M |
| (-) Change In Working Capital | 59.00M | 285.00M | 82.00M | 98.00M | 178.00M | 150.00M | 39.00M | -27.00M | -74.00M | -26.00M | 43.00M | 18.00M | 4.00M | -22.00M | 15.00M | 23.00M | 4.00M | -7.00M | -19.00M | -18.00M | 9.00M | 0.00M | 0.00M | 34.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| (-) Capital Expenditure | -335.00M | -585.00M | -313.00M | -323.00M | -295.00M | -240.00M | -238.00M | -226.00M | -214.00M | -210.00M | -224.00M | -188.00M | -148.00M | -148.00M | -144.00M | -143.00M | -145.00M | -123.00M | -140.00M | -125.00M | -99.00M | 0.00M | -73.00M | -92.00M | -147.00M | -151.00M | -124.00M | -117.00M | -74.00M |
| Unlevered Free Cash Flow | 2,365.10M | 1,801.96M | 577.51M | 957.12M | 925.04M | 796.86M | 828.14M | 882.96M | 490.20M | 505.64M | 298.56M | 347.33M | 717.31M | 661.41M | 674.86M | 510.04M | 611.18M | 926.57M | 555.52M | 559.14M | 542.30M | 539.60M | 487.30M | 2,898.00M | 1,772.45M | 1,735.95M | 1,681.05M | 1,504.78M | 1,335.69M |
| (-) Net Interest Income After Taxes | -69.10M | -7.18M | -38.37M | -20.96M | -38.63M | -47.79M | -51.46M | -46.74M | -54.54M | -89.50M | -75.56M | -78.82M | -92.58M | -90.05M | -88.56M | -92.12M | -104.88M | -115.84M | -97.11M | -78.28M | -81.88M | -78.84M | -59.15M | -114.00M | -91.65M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Debt Issuance | 1,656.00M | 95.00M | 499.00M | 51.00M | 505.00M | 400.00M | 59.00M | 66.00M | -605.00M | 479.00M | 2.00M | 0.00M | -309.00M | 330.00M | -176.00M | -45.00M | 30.00M | -141.00M | 606.00M | -193.00M | 16.00M | -301.00M | -65.00M | -616.00M | 48.00M | 338.00M | 92.00M | -49.00M | 685.00M |
| Levered Free Cash Flow | 4,090.21M | 1,904.13M | 1,114.88M | 1,029.09M | 1,468.67M | 1,244.65M | 938.60M | 995.69M | -60.25M | 1,074.14M | 376.11M | 426.16M | 500.89M | 1,081.46M | 587.42M | 557.15M | 746.07M | 901.41M | 1,258.63M | 444.42M | 640.18M | 317.44M | 481.45M | 2,396.00M | 1,912.10M | 2,073.95M | 1,773.05M | 1,455.78M | 2,020.69M |