Chen Hsong Holdings Limited (0057.HK)

Industry: Industrial - Machinery Sector: Industrials Currency Used: HK Live Price: $1.63

Enterprise Value

Metric	2025	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	1997	1996
Stock Price	1.67	1.43	1.70	2.00	2.38	1.75	2.79	2.28	2.20	1.61	1.96	2.23	2.53	2.32	3.51	3.09	1.86	2.85	5.42	4.54	4.27	4.73	3.49	1.38	1.24	1.35	1.98	1.98	1.98	1.98
Market Capitalization	1,050.62M	900.10M	1,068.75M	1,257.91M	1,500.67M	1,103.43M	1,757.47M	1,434.47M	1,387.18M	1,013.04M	1,235.84M	1,406.13M	1,595.69M	1,457.84M	2,210.61M	1,944.21M	1,169.60M	1,787.00M	3,395.53M	2,840.37M	2,678.48M	2,951.01M	2,142.87M	842.54M	752.33M	818.78M	1,205.78M	1,204.21M	1,207.28M	1,209.59M
(-) Cash & Equivalents	627.20M	844.63M	704.92M	652.01M	1,020.71M	1,090.89M	724.49M	563.22M	797.99M	834.43M	941.81M	879.47M	782.81M	740.61M	830.24M	906.74M	222.80M	180.87M	197.36M	194.89M	103.36M	135.91M	323.12M	250.33M	257.05M	203.52M	0.00M	0.00M	0.00M	0.00M
(+) Total Debt	16.41M	16.33M	19.31M	16.18M	47.71M	101.94M	76.13M	48.99M	48.42M	88.57M	268.99M	286.49M	249.41M	215.87M	160.70M	58.28M	18.93M	13.91M	16.53M	56.55M	80.74M	29.29M	80.81M	112.48M	113.86M	77.65M	0.00M	0.00M	0.00M	0.00M
Enterprise Value	439.84M	71.80M	383.14M	622.08M	527.67M	114.48M	1,109.11M	920.25M	637.61M	267.18M	563.03M	813.15M	1,062.30M	933.10M	1,541.07M	1,095.75M	965.73M	1,620.04M	3,214.70M	2,702.03M	2,655.86M	2,844.40M	1,900.56M	704.70M	609.14M	692.92M	1,205.78M	1,204.21M	1,207.28M	1,209.59M

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	2004-03-31	2003-03-31	2002-03-31	2001-03-31	2000-03-31	1999-03-31	1998-03-31	1997-03-31	1996-03-31
Revenue	4,813M	4,487M	2,595M	2,010M	2,313M	2,729M	2,361M	1,513M	1,636M	1,668M	1,451M	1,248M	1,568M	1,846M	1,794M	1,838M	2,424M	1,806M	1,603M	2,316M	2,155M	1,955M	1,867M	1,634M	1,437M	1,133M	1,239M	1,102M	775M	941M	1,102M	1,101M
Cost of Revenue	3,698M	3,439M	1,985M	1,533M	1,765M	2,081M	1,728M	1,174M	1,282M	1,245M	1,071M	1,006M	1,238M	1,429M	1,371M	1,401M	1,778M	1,356M	1,234M	1,688M	1,488M	1,371M	1,267M	1,074M	928M	731M	790M	736M	0M	0M	0M	0M
Gross Profit	1,116M	1,048M	610M	477M	548M	647M	633M	339M	354M	423M	380M	242M	330M	417M	422M	437M	645M	451M	369M	628M	667M	584M	600M	561M	509M	402M	450M	367M	775M	941M	1,102M	1,101M
Gross Profit Margin	23.2%	23.4%	23.5%	23.7%	23.7%	23.7%	26.8%	22.4%	21.6%	25.4%	26.2%	19.4%	21.0%	22.6%	23.5%	23.8%	26.6%	25.0%	23.0%	27.1%	30.9%	29.9%	32.2%	34.3%	35.4%	35.5%	36.3%	33.3%	100.0%	100.0%	100.0%	100.0%
R&D Expenses	79M	141M	0M	79M	79M	62M	51M	37M	40M	42M	39M	42M	40M	49M	38M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
SG&A Expenses	811M	818M	425M	372M	417M	445M	385M	300M	301M	311M	275M	251M	270M	320M	305M	286M	333M	274M	307M	348M	321M	295M	267M	267M	244M	230M	233M	201M	0M	0M	0M	0M
Operating Expenses	811M	818M	527M	448M	496M	507M	443M	350M	239M	305M	312M	396M	300M	320M	332M	259M	228M	246M	262M	370M	351M	305M	308M	272M	273M	250M	248M	248M	-657M	-753M	-807M	-848M
Operating Income (EBIT)	304M	230M	83M	29M	52M	141M	190M	-11M	115M	118M	68M	-154M	30M	97M	90M	178M	417M	204M	107M	258M	316M	279M	292M	289M	236M	152M	201M	119M	1,432M	1,694M	1,908M	1,949M
Operating Income Margin	6.3%	5.1%	3.2%	1.4%	2.2%	5.2%	8.0%	-0.7%	7.0%	7.1%	4.7%	-12.3%	1.9%	5.2%	5.0%	9.7%	17.2%	11.3%	6.7%	11.1%	14.7%	14.3%	15.6%	17.7%	16.4%	13.4%	16.3%	10.8%	184.8%	180.1%	173.2%	177.0%
Interest Income	0M	29M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Interest Expense	3M	2M	2M	1M	1M	1M	2M	3M	2M	1M	1M	3M	5M	5M	6M	5M	2M	2M	5M	4M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Net Interest Income	-3M	26M	-2M	-1M	-1M	-1M	-2M	-3M	-2M	-1M	-1M	-3M	-5M	-5M	-6M	-5M	-2M	-2M	-5M	-4M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Unusual Items	20M	40M	108M	98M	109M	98M	80M	162M	11M	12M	12M	17M	18M	15M	36M	28M	6M	6M	1M	85M	21M	20M	-7M	4M	0M	-8M	-5M	-3M	-1,318M	-1,510M	-1,614M	-1,697M
EBT Excluding Unusual Items	302M	256M	81M	27M	51M	139M	188M	-13M	113M	117M	66M	-157M	25M	91M	85M	174M	415M	203M	102M	254M	316M	279M	292M	289M	236M	152M	201M	119M	1,432M	1,694M	1,908M	1,949M
Pre-Tax Income	322M	297M	190M	125M	160M	238M	268M	148M	124M	129M	79M	-140M	43M	106M	121M	202M	422M	209M	104M	339M	337M	299M	286M	292M	236M	144M	197M	116M	114M	184M	294M	252M
Pre-Tax Margin	6.7%	6.6%	7.3%	6.2%	6.9%	8.7%	11.4%	9.8%	7.6%	7.7%	5.4%	-11.2%	2.7%	5.7%	6.8%	11.0%	17.4%	11.6%	6.5%	14.6%	15.6%	15.3%	15.3%	17.9%	16.5%	12.7%	15.9%	10.5%	14.7%	19.5%	26.7%	22.9%
Income Tax Expense	60M	27M	36M	26M	30M	25M	66M	56M	35M	26M	27M	34M	24M	24M	16M	42M	75M	55M	17M	18M	25M	27M	22M	39M	35M	30M	39M	32M	13M	30M	50M	48M
Net Income	265M	271M	154M	101M	130M	213M	203M	94M	90M	102M	51M	-173M	20M	81M	104M	160M	343M	154M	86M	321M	312M	272M	261M	214M	146M	74M	121M	54M	74M	138M	231M	195M
Net Income Margin	5.5%	6.0%	5.9%	5.0%	5.6%	7.8%	8.6%	6.2%	5.5%	6.1%	3.5%	-13.9%	1.3%	4.4%	5.8%	8.7%	14.2%	8.5%	5.4%	13.9%	14.5%	13.9%	14.0%	13.1%	10.1%	6.5%	9.8%	4.9%	9.6%	14.7%	21.0%	17.8%
Depreciation & Amortization	115M	119M	59M	57M	60M	57M	54M	56M	57M	54M	53M	63M	68M	71M	68M	61M	47M	51M	60M	56M	57M	57M	63M	49M	47M	0M	0M	0M	657M	753M	807M	848M
EBITDA	419M	349M	141M	86M	112M	198M	244M	45M	172M	172M	120M	-91M	98M	168M	159M	239M	464M	256M	168M	314M	373M	336M	355M	338M	283M	152M	201M	119M	2,089M	2,447M	2,715M	2,797M
EBITDA Margin	8.7%	7.8%	5.5%	4.3%	4.9%	7.2%	10.3%	2.9%	10.5%	10.3%	8.3%	-7.3%	6.3%	9.1%	8.8%	13.0%	19.2%	14.2%	10.4%	13.6%	17.3%	17.2%	19.0%	20.7%	19.7%	13.4%	16.3%	10.8%	269.7%	260.2%	246.5%	254.0%
NOPAT	248M	209M	67M	23M	42M	126M	143M	-7M	83M	94M	44M	-122M	13M	75M	78M	141M	343M	151M	90M	244M	293M	254M	269M	250M	201M	120M	161M	86M	1,265M	1,415M	1,585M	1,575M
NOPAT Margin	5.1%	4.7%	2.6%	1.1%	1.8%	4.6%	6.1%	-0.4%	5.1%	5.6%	3.0%	-9.7%	0.8%	4.0%	4.4%	7.7%	14.2%	8.3%	5.6%	10.5%	13.6%	13.0%	14.4%	15.3%	14.0%	10.6%	13.0%	7.8%	163.3%	150.4%	143.9%	143.1%
Owner's Earnings	228M	196M	141M	100M	127M	140M	216M	131M	129M	91M	93M	-140M	51M	37M	59M	114M	306M	135M	24M	318M	347M	268M	234M	114M	157M	39M	-26M	-58M	658M	846M	980M	985M
Owner's Earnings Margin	4.7%	4.4%	5.4%	5.0%	5.5%	5.1%	9.1%	8.6%	7.9%	5.4%	6.4%	-11.2%	3.3%	2.0%	3.3%	6.2%	12.6%	7.5%	1.5%	13.7%	16.1%	13.7%	12.5%	7.0%	10.9%	3.5%	-2.1%	-5.2%	84.9%	89.9%	89.0%	89.5%
EPS (Basic)	0.42	0.43	0.24	0.16	0.21	0.34	0.32	0.15	0.14	0.16	0.08	-0.28	0.03	0.13	0.17	0.26	0.55	0.24	0.14	0.51	0.50	0.44	0.42	0.35	0.25	0.12	0.20	0.09	0.12	0.23	0.38	0.32
EPS (Diluted)	0.42	0.43	0.24	0.16	0.21	0.34	0.32	0.15	0.14	0.16	0.08	-0.27	0.03	0.13	0.17	0.25	0.55	0.24	0.14	0.51	0.50	0.43	0.42	0.34	0.24	0.12	0.20	0.09	0.12	0.23	0.38	0.32
Shares (Basic)	631M	631M	631M	631M	631M	631M	631M	631M	631M	631M	631M	629M	631M	631M	629M	629M	629M	629M	629M	625M	622M	619M	617M	610M	609M	611M	609M	607M	609M	609M	610M	611M
Shares (Diluted)	631M	631M	631M	631M	631M	631M	631M	631M	631M	631M	631M	631M	631M	631M	629M	630M	630M	629M	629M	629M	627M	626M	628M	625M	614M	611M	609M	607M	609M	609M	610M	611M

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	2004-03-31	2003-03-31	2002-03-31	2001-03-31	2000-03-31	1999-03-31	1998-03-31	1997-03-31	1996-03-31
Cash & Cash Equivalents	726.22M	528.18M	528.18M	825.78M	669.15M	696.31M	1,197.94M	1,017.78M	667.82M	611.56M	852.53M	846.81M	961.44M	843.88M	752.19M	694.23M	849.50M	864.19M	445.59M	361.74M	394.72M	389.78M	206.72M	271.81M	646.24M	500.65M	514.10M	407.03M	0.00M	0.00M	0.00M	0.00M
Short-Term Investments	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	31.82M	75.54M	20.50M	17.75M	37.06M	35.71M	33.94M	121.32M	0.00M	124.06M	0.00M	0.00M	0.00M	0.00M	21.48M	22.50M	21.46M	19.50M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Cash & Short-Term Investments	726.22M	528.18M	528.18M	825.78M	669.15M	696.31M	1,197.94M	1,017.78M	699.64M	687.10M	873.03M	864.56M	998.50M	879.59M	786.13M	815.55M	849.50M	988.25M	445.59M	361.74M	394.72M	389.78M	228.20M	294.31M	667.70M	520.15M	514.10M	407.03M	0.00M	0.00M	0.00M	0.00M
Net Receivables	1,354.45M	1,499.52M	1,499.52M	1,258.38M	-88.21M	1,249.73M	-73.30M	-40.65M	922.14M	877.82M	773.17M	629.96M	784.25M	853.39M	854.91M	763.41M	817.66M	803.28M	544.85M	937.08M	725.48M	560.89M	442.67M	0.00M	0.00M	341.94M	329.30M	274.04M	0.00M	0.00M	0.00M	0.00M
Inventory	766.91M	788.55M	788.55M	694.64M	791.76M	1,061.90M	728.61M	494.27M	553.00M	802.50M	457.94M	501.37M	674.13M	813.11M	842.33M	897.38M	928.42M	672.07M	704.31M	709.28M	578.09M	566.70M	654.73M	475.07M	333.14M	267.90M	333.08M	303.68M	0.00M	0.00M	0.00M	0.00M
Other Current Assets	264.05M	150.21M	150.21M	58.30M	1,446.29M	45.00M	1,331.92M	899.45M	970.44M	67.08M	73.63M	71.95M	844.13M	103.40M	31.85M	37.40M	48.79M	0.00M	35.63M	34.67M	0.00M	0.00M	0.00M	412.00M	344.60M	59.19M	76.01M	104.68M	272.99M	1,182.62M	1,090.40M	990.90M
Total Current Assets	3,111.63M	2,966.46M	2,966.46M	2,837.10M	2,818.99M	3,052.94M	3,185.17M	2,370.84M	3,145.21M	2,434.50M	2,177.76M	2,067.83M	3,301.00M	2,649.49M	2,515.21M	2,513.74M	2,644.37M	2,463.60M	1,730.38M	2,042.77M	1,698.29M	1,517.36M	1,325.59M	1,181.38M	1,345.44M	1,189.19M	1,252.50M	1,089.44M	272.99M	1,182.62M	1,090.40M	990.90M
Property, Plant & Equipment	637.94M	615.88M	615.88M	615.34M	640.99M	690.73M	591.98M	515.12M	614.63M	703.15M	640.26M	716.62M	948.23M	1,018.02M	964.39M	919.26M	842.94M	773.74M	771.74M	709.19M	650.17M	661.42M	709.17M	662.10M	560.19M	0.00M	0.00M	0.00M	465.10M	429.98M	428.66M	406.44M
Goodwill	51.91M	51.91M	51.91M	51.91M	51.91M	51.91M	51.91M	51.91M	94.92M	94.92M	94.92M	94.92M	94.93M	94.93M	94.93M	94.93M	94.93M	94.93M	94.93M	94.93M	94.93M	94.93M	92.17M	102.82M	-3.35M	0.28M	0.37M	0.46M	0.59M	0.79M	1.53M	2.27M
Intangible Assets	1.43M	1.81M	1.81M	2.65M	55.48M	53.74M	51.91M	51.91M	0.00M	0.00M	0.00M	0.00M	45.37M	46.68M	42.99M	44.71M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Long-Term Investments	514.61M	493.84M	493.84M	24.61M	442.28M	491.03M	416.46M	409.84M	31.21M	32.63M	25.92M	36.57M	36.31M	32.71M	-5.28M	-96.52M	71.19M	-105.36M	194.57M	126.45M	4.57M	127.19M	130.04M	126.87M	134.84M	132.18M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Tax Assets	29.89M	28.88M	28.88M	31.07M	37.01M	43.55M	38.07M	34.26M	38.55M	38.17M	34.95M	36.18M	59.00M	70.48M	76.58M	80.07M	78.85M	75.29M	74.32M	69.54M	36.57M	24.22M	21.72M	16.46M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Assets	5.86M	5.04M	5.04M	479.05M	-49.29M	-50.84M	-51.91M	-51.91M	-38.55M	-38.17M	-34.95M	-36.18M	-59.00M	-70.48M	33.94M	127.40M	4.24M	189.19M	17.50M	74.18M	177.01M	52.49M	21.48M	22.50M	21.46M	593.99M	766.84M	650.37M	147.03M	134.56M	90.23M	79.64M
Other Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	487.91M	430.50M	376.22M	391.23M	156.01M	123.33M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	1,241.62M	1,197.36M	1,197.36M	1,204.62M	1,178.39M	1,280.11M	1,098.42M	1,011.12M	1,228.67M	1,261.20M	1,137.32M	1,239.34M	1,280.84M	1,315.67M	1,207.55M	1,169.84M	1,092.14M	1,027.80M	1,153.07M	1,074.29M	963.25M	960.26M	974.59M	930.76M	713.15M	726.44M	767.21M	650.82M	612.73M	565.34M	520.42M	488.35M
Total Assets	4,353.25M	4,163.81M	4,163.81M	4,041.71M	3,997.37M	4,333.05M	4,283.58M	3,381.97M	4,373.88M	3,695.70M	3,315.09M	3,307.17M	4,581.85M	3,965.16M	3,722.75M	3,683.58M	3,736.52M	3,491.40M	2,883.45M	3,117.06M	2,661.54M	2,477.62M	2,300.18M	2,112.14M	2,058.59M	1,915.63M	2,019.70M	1,740.26M	885.72M	1,747.96M	1,610.83M	1,479.25M
Accounts Payable	724.27M	816.35M	816.35M	623.11M	623.37M	695.69M	762.80M	336.35M	299.34M	475.86M	356.97M	259.02M	294.72M	402.66M	411.36M	392.56M	530.40M	630.54M	276.57M	410.37M	515.74M	486.74M	413.76M	504.28M	365.04M	294.53M	396.45M	322.57M	295.62M	0.00M	0.00M	0.00M
Short-Term Debt	4.20M	4.27M	0.00M	0.00M	0.00M	21.57M	68.76M	99.20M	73.89M	24.77M	73.42M	105.25M	296.62M	290.20M	231.63M	213.05M	89.67M	41.96M	37.86M	27.81M	33.05M	113.09M	160.00M	56.70M	161.61M	135.77M	227.72M	155.31M	93.91M	0.00M	0.00M	0.00M
Tax Payables	0.00M	40.68M	40.68M	36.75M	39.39M	39.09M	39.90M	30.85M	34.80M	34.00M	37.07M	31.27M	30.38M	24.65M	28.98M	60.10M	87.49M	53.65M	12.46M	22.80M	16.69M	16.66M	11.19M	18.39M	19.23M	6.61M	13.72M	20.09M	0.00M	0.00M	0.00M	0.00M
Deferred Revenue	0.00M	0.00M	0.00M	0.00M	83.39M	114.04M	141.36M	48.86M	53.50M	-24.77M	-73.42M	-105.25M	-296.62M	-290.20M	0.00M	0.00M	0.00M	0.00M	0.00M	38.94M	27.40M	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	320.36M	-4.27M	0.00M	290.67M	231.52M	234.74M	241.57M	149.26M	148.98M	224.33M	191.63M	176.91M	198.59M	229.19M	222.65M	229.95M	336.87M	282.13M	194.12M	248.91M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	570.32M	429.93M	384.73M
Total Current Liabilities	1,048.83M	857.03M	857.03M	950.52M	977.66M	1,105.13M	1,254.38M	664.51M	610.52M	734.19M	585.66M	467.20M	523.69M	656.50M	894.62M	895.65M	1,044.43M	1,008.29M	521.02M	748.83M	592.88M	616.50M	584.95M	579.37M	545.88M	436.91M	637.88M	497.97M	389.53M	570.32M	429.93M	384.73M
Long-Term Debt	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	1.47M	1.88M	0.00M	89.20M	0.00M	0.00M	5.49M	0.00M	0.00M	0.00M
Capital Lease Obligations	0.00M	17.54M	17.54M	17.34M	17.06M	4.56M	0.63M	1.38M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	90.33M	88.94M	88.94M	90.62M	77.18M	77.90M	97.30M	80.81M	55.87M	39.25M	29.67M	29.27M	8.88M	11.74M	11.01M	10.79M	11.58M	6.54M	12.17M	0.00M	0.00M	14.38M	13.08M	14.26M	17.97M	23.78M	24.25M	16.85M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Liabilities	10.52M	4.43M	4.43M	11.20M	6.36M	11.67M	11.74M	16.13M	19.29M	14.51M	23.81M	23.38M	21.03M	23.03M	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	0.00M	24.69M	48.30M	35.51M
Total Non-Current Liabilities	100.85M	110.91M	110.91M	119.16M	100.61M	94.13M	109.67M	98.32M	75.15M	53.76M	53.48M	52.65M	29.91M	34.77M	11.01M	10.79M	11.58M	6.54M	12.17M	0.00M	0.00M	14.38M	14.55M	16.15M	17.97M	112.98M	24.25M	16.85M	5.49M	24.69M	48.30M	35.51M
Total Liabilities	1,149.68M	967.94M	967.94M	1,069.68M	1,078.27M	1,199.27M	1,364.05M	762.83M	685.67M	787.95M	639.14M	519.85M	553.60M	691.27M	905.63M	906.44M	1,056.01M	1,014.83M	533.19M	748.83M	592.88M	630.88M	599.50M	595.52M	563.85M	549.89M	662.13M	514.82M	395.02M	595.01M	478.23M	420.24M
Preferred Stock	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock	63.05M	63.05M	63.05M	63.05M	63.05M	63.05M	63.05M	63.05M	63.05M	63.05M	63.05M	63.05M	63.05M	63.05M	63.05M	62.93M	62.93M	62.92M	62.88M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Retained Earnings	0.00M	2,157.84M	2,157.84M	2,059.37M	2,023.01M	1,995.76M	1,887.50M	1,746.65M	1,848.28M	1,806.87M	1,760.37M	1,743.77M	1,950.33M	1,963.69M	1,796.75M	1,756.59M	0.00M	0.00M	0.00M	0.00M	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	0.00M	0.00M	0.00M	0.00M	453.50M	640.66M	536.40M	345.47M	479.51M	636.53M	404.58M	496.60M	360.71M	358.81M	342.29M	0.00M	0.00M	0.00M	0.00M	0.00M	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	6.40M	6.80M	6.80M	16.54M	19.04M	19.41M	16.51M	13.56M	14.14M	15.15M	12.60M	16.42M	18.34M	19.89M	19.33M	18.38M	18.20M	14.14M	13.68M	12.04M	7.97M	7.48M	26.62M	24.49M	153.90M	112.54M	108.55M	65.05M	79.10M	44.75M	50.81M	72.70M
Total Shareholders’ Equity	63.05M	2,220.89M	2,220.89M	2,122.42M	2,539.56M	2,699.47M	2,486.95M	2,155.17M	2,390.84M	2,506.45M	2,228.00M	2,303.42M	2,374.09M	2,385.55M	2,202.08M	1,819.52M	62.93M	62.92M	62.88M	0.00M	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 Equity	69.45M	2,227.69M	2,227.69M	2,138.96M	2,558.60M	2,718.88M	2,503.47M	2,168.73M	2,404.98M	2,521.60M	2,240.61M	2,319.84M	2,392.43M	2,405.43M	2,221.41M	1,837.90M	81.12M	77.06M	76.57M	12.04M	7.97M	7.48M	26.62M	24.49M	153.90M	112.54M	108.55M	65.05M	79.10M	44.75M	50.81M	72.70M
Total Liabilities & Equity	1,219.13M	3,195.63M	3,195.63M	3,208.64M	3,636.87M	3,918.15M	3,867.52M	2,931.56M	3,090.65M	3,309.55M	2,879.74M	2,839.69M	2,946.03M	3,096.70M	3,127.04M	2,744.33M	1,137.13M	1,091.89M	609.76M	760.87M	600.85M	638.36M	626.12M	620.01M	717.75M	662.43M	770.68M	579.87M	474.12M	639.76M	529.04M	492.94M
Tangible Assets	4,299.92M	4,110.10M	4,110.10M	3,987.16M	3,889.98M	4,227.40M	4,179.77M	3,278.16M	4,278.96M	3,600.78M	3,220.16M	3,212.25M	4,441.55M	3,823.54M	3,584.83M	3,543.94M	3,641.58M	3,396.47M	2,788.52M	3,022.13M	2,566.61M	2,382.69M	2,208.01M	2,009.31M	2,061.93M	1,915.35M	2,019.34M	1,739.81M	885.13M	1,747.17M	1,609.30M	1,476.98M
Tangible Equity	16.12M	2,173.98M	2,173.98M	2,084.40M	2,451.21M	2,613.24M	2,399.66M	2,064.92M	2,310.06M	2,426.68M	2,145.68M	2,224.92M	2,252.13M	2,263.82M	2,083.49M	1,698.26M	-13.81M	-17.87M	-18.37M	-82.89M	-86.96M	-87.45M	-65.55M	-78.33M	157.25M	112.27M	108.18M	64.59M	78.51M	43.96M	49.29M	70.43M
Tangible Book Value	16.12M	2,173.98M	2,173.98M	2,084.40M	2,451.21M	2,613.24M	2,399.66M	2,064.92M	2,310.06M	2,426.68M	2,145.68M	2,224.92M	2,252.13M	2,263.82M	2,083.49M	1,698.26M	-13.81M	-17.87M	-18.37M	-82.89M	-86.96M	-87.45M	-65.55M	-78.33M	157.25M	112.27M	108.18M	64.59M	78.51M	43.96M	49.29M	70.43M
Total Investments	514.61M	493.84M	493.84M	24.61M	442.28M	491.03M	416.46M	409.84M	63.03M	108.17M	46.42M	54.32M	73.37M	68.42M	28.66M	24.80M	71.19M	18.70M	194.57M	126.45M	4.57M	127.19M	151.52M	149.37M	156.30M	151.68M	145.96M	143.03M	147.03M	31.65M	22.64M	6.26M
Net Debt	-722.02M	-523.91M	-528.18M	-825.78M	-669.15M	-674.74M	-1,129.18M	-918.59M	-593.92M	-586.79M	-779.10M	-741.56M	-664.82M	-553.68M	-520.56M	-481.19M	-759.83M	-822.23M	-407.73M	-333.93M	-361.67M	-276.69M	-45.25M	-213.23M	-484.63M	-275.69M	-286.38M	-251.73M	99.40M	0.00M	0.00M	0.00M

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	2004-03-31	2003-03-31	2002-03-31	2001-03-31	2000-03-31	1999-03-31	1998-03-31	1997-03-31	1996-03-31
Working Capital	2,022.1M	1,997.6M	1,997.6M	1,985.2M	1,990.4M	2,042.5M	2,024.3M	1,765.5M	1,612.6M	1,675.5M	1,518.7M	1,495.4M	1,696.5M	1,680.8M	1,684.3M	1,676.3M	1,696.0M	1,457.0M	1,211.3M	1,334.8M	1,132.8M	900.9M	739.0M	602.0M	799.6M	752.3M	578.1M	591.5M	625.6M	612.3M	660.5M	606.2M
Total Capital	3,160.7M	3,099.1M	3,099.1M	3,074.9M	3,069.1M	3,236.8M	3,067.3M	2,766.8M	2,825.8M	2,892.6M	2,663.3M	2,770.9M	3,180.3M	3,185.3M	3,093.1M	3,030.0M	2,848.0M	2,506.0M	2,376.3M	2,408.7M	2,110.4M	1,952.4M	1,833.9M	1,550.7M	1,502.4M	1,478.2M	1,440.2M	1,315.7M	1,135.7M	1,108.2M	1,081.8M	986.3M
Capital Employed	3,263.7M	3,195.0M	3,195.0M	3,189.8M	3,168.8M	3,322.6M	3,122.7M	2,776.6M	2,841.2M	2,936.7M	2,656.0M	2,734.7M	2,931.9M	2,949.8M	2,891.8M	2,846.1M	2,788.1M	2,484.8M	2,364.3M	2,409.1M	2,096.1M	1,861.1M	1,713.6M	1,532.8M	1,512.7M	1,478.7M	1,345.3M	1,242.3M	1,238.3M	1,177.6M	1,180.9M	1,094.5M
Invested Capital	2,434.4M	2,570.9M	2,570.9M	2,249.1M	2,399.9M	2,540.5M	1,869.3M	1,749.0M	2,158.0M	2,281.0M	1,810.8M	1,924.1M	2,218.8M	2,341.5M	2,340.9M	2,335.8M	1,998.5M	1,641.8M	1,930.7M	2,046.9M	1,715.7M	1,562.6M	1,627.2M	1,278.9M	856.2M	977.5M	926.1M	908.7M	1,135.7M	1,108.2M	1,081.8M	986.3M

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	2004-03-31	2003-03-31	2002-03-31	2001-03-31	2000-03-31	1999-03-31	1998-03-31	1997-03-31	1996-03-31
Net Income	255.24M	343.60M	189.63M	100.85M	130.29M	213.31M	203.02M	93.65M	90.28M	101.88M	51.49M	-173.09M	20.36M	81.37M	121.14M	201.73M	421.57M	208.70M	103.85M	320.85M	312.29M	272.27M	260.63M	213.60M	145.52M	73.88M	121.23M	54.06M	74.48M	138.06M	231.09M	195.49M
Depreciation & Amortization	115.52M	117.31M	58.56M	56.96M	60.41M	56.90M	53.91M	55.55M	57.03M	53.95M	52.71M	62.92M	68.24M	71.39M	68.28M	60.75M	46.93M	51.49M	60.38M	55.79M	56.75M	56.52M	63.13M	49.36M	46.67M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Deferred Income Tax	0.00M	-154.89M	0.00M	0.00M	-126.92M	-523.14M	-330.62M	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	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	2.61M	2.81M	1.40M	1.21M	1.44M	1.37M	0.45M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	-348.55M	-459.43M	-318.27M	183.72M	-8.34M	-492.35M	-50.79M	99.29M	112.94M	-369.31M	-66.26M	258.10M	219.02M	24.92M	-4.55M	-124.67M	-386.21M	264.38M	189.23M	-180.19M	-142.29M	10.85M	-332.44M	-64.58M	-11.90M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Accounts Receivable	-167.33M	-196.38M	-303.05M	135.66M	-185.00M	-4.21M	-418.47M	16.17M	-91.12M	-61.81M	-96.37M	103.07M	69.87M	-10.35M	-122.28M	0.00M	0.00M	0.00M	0.00M	0.00M	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	-40.93M	-99.47M	-120.55M	79.62M	221.61M	-321.08M	-212.21M	34.04M	204.06M	-307.50M	30.11M	155.03M	149.15M	35.27M	69.12M	20.30M	-264.09M	55.67M	8.50M	-135.62M	-6.50M	54.48M	-186.23M	-164.13M	-92.43M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Accounts Payable	0.00M	0.00M	0.00M	9.66M	-41.26M	-82.68M	408.32M	46.67M	-152.41M	92.46M	91.55M	-41.24M	0.00M	0.00M	122.28M	0.00M	0.00M	0.00M	0.00M	0.00M	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	-140.29M	-80.89M	105.33M	-41.22M	-3.68M	-84.38M	171.57M	2.41M	152.41M	-92.46M	-91.55M	41.24M	-43.58M	6.02M	48.61M	-144.97M	-122.13M	208.71M	180.73M	-44.57M	-135.79M	-43.64M	-146.22M	99.54M	80.53M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Cash Items	297.64M	156.17M	-30.18M	-19.69M	92.98M	484.15M	365.82M	-62.95M	-187.20M	40.58M	73.08M	2.55M	-169.33M	-31.23M	-85.96M	-95.84M	-126.32M	-77.92M	-79.44M	-27.27M	0.50M	26.66M	28.06M	61.23M	115.25M	-40.82M	6.36M	35.41M	42.29M	45.92M	21.99M	109.73M
Net Cash from Operating Activities	262.48M	-109.89M	-98.87M	323.04M	149.87M	-259.76M	241.79M	185.54M	73.06M	-172.90M	111.02M	150.48M	138.28M	146.44M	98.91M	41.97M	-44.04M	446.64M	274.02M	169.18M	227.25M	366.29M	19.38M	259.61M	295.54M	33.06M	127.58M	89.47M	116.76M	183.98M	253.08M	305.22M
Capital Expenditures (PPE)	-152.11M	-194.50M	-71.62M	-57.95M	-63.92M	-130.58M	-41.04M	-18.30M	-18.31M	-65.31M	-11.31M	-29.92M	-37.62M	-115.91M	-113.51M	-107.01M	-83.75M	-69.96M	-122.29M	-58.45M	-21.78M	-60.61M	-89.60M	-148.76M	-35.59M	-34.58M	-146.81M	-111.88M	-73.90M	-45.65M	-57.37M	-58.19M
Acquisitions (Net)	0.00M	50.80M	6.73M	0.00M	48.99M	1.82M	0.71M	222.48M	1.48M	0.25M	0.54M	1.46M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	27.78M	0.00M	3.78M	-4.25M	1.82M	-5.04M	-20.55M	0.00M	-2.66M	0.00M	-22.30M
Purchases of Investments	-8.83M	0.00M	0.00M	-8.83M	0.00M	0.00M	0.00M	0.00M	0.00M	-0.22M	-22.51M	-10.18M	-33.20M	0.00M	0.00M	-121.32M	0.00M	-121.49M	0.00M	0.00M	0.00M	-8.47M	0.00M	-198.72M	0.00M	-27.69M	-7.79M	-39.00M	0.00M	-105.60M	-106.90M	-34.12M
Sales / Maturities of Investments	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	91.74M	21.97M	8.73M	0.00M	0.00M	0.00M	0.00M	280.66M	0.00M	0.00M	0.00M	0.00M	0.53M	0.00M	0.55M	0.00M	-1.82M	2.79M	7.61M	0.00M	0.00M	0.00M	0.40M
Other Investing Activities	32.90M	0.00M	-51.52M	2.23M	-0.60M	0.00M	-29.08M	-2.12M	31.80M	26.39M	21.61M	16.76M	42.68M	-2.96M	104.80M	31.62M	25.06M	80.72M	46.76M	-14.64M	7.86M	14.61M	0.76M	21.21M	-20.86M	13.20M	112.08M	-60.22M	101.48M	50.82M	14.92M	-15.65M
Net Cash from Investing Activities	-128.04M	-143.70M	-116.41M	-64.55M	-14.94M	-128.76M	-40.33M	204.18M	14.96M	52.86M	-11.67M	-2.98M	-28.14M	-118.87M	-8.71M	-196.71M	221.97M	-110.73M	-75.53M	-73.09M	-13.93M	-26.17M	-88.84M	-321.94M	-60.69M	-49.07M	-44.77M	-224.05M	27.58M	-103.09M	-149.36M	-129.86M
Net Debt Issuance	-1.77M	0.00M	0.00M	0.00M	-20.46M	-45.00M	-30.00M	25.00M	50.00M	-50.00M	-32.00M	-192.85M	12.07M	65.00M	30.00M	122.84M	41.30M	2.27M	12.30M	-7.97M	-79.44M	-45.25M	96.43M	-104.26M	-64.18M	3.52M	75.32M	68.07M	-107.75M	154.79M	-25.48M	40.17M
Long-Term Debt Issuance	-1.77M	0.00M	0.00M	0.00M	-20.46M	-45.00M	-30.00M	25.00M	50.00M	-50.00M	-32.00M	-192.85M	12.07M	65.00M	30.00M	122.84M	41.30M	0.00M	12.30M	-7.97M	-79.44M	-45.25M	96.43M	-104.26M	-64.18M	3.52M	75.32M	68.07M	-107.75M	154.79M	-25.48M	40.17M
Short-Term Debt Issuance	0.00M	0.00M	0.00M	0.00M	-20.46M	-45.00M	-30.00M	25.00M	50.00M	-50.00M	-32.00M	-192.85M	12.07M	65.00M	30.00M	122.84M	41.30M	2.27M	12.30M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	2.54M	0.00M	0.14M	0.70M	5.18M	3.35M	8.68M	0.86M	2.62M	8.82M	2.12M	0.00M	0.00M	0.00M	0.00M	0.00M	-11.83M	-0.19M
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	2.54M	0.00M	0.14M	0.70M	5.18M	3.35M	8.68M	0.86M	2.62M	8.82M	2.12M	0.00M	0.00M	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	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-11.83M	-0.19M
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	0.00M	0.00M	0.00M
Net Dividends Paid	-120.43M	-206.82M	-55.49M	-64.95M	-101.52M	-105.30M	-63.05M	-47.29M	-50.44M	-55.49M	-32.79M	-31.53M	-32.79M	-56.75M	-66.07M	-144.73M	-113.26M	-44.03M	-121.99M	-150.14M	-143.17M	-117.52M	-104.99M	-91.64M	-60.96M	0.00M	0.00M	0.00M	-60.88M	-121.76M	-109.96M	-110.12M
Common Dividends Paid	-120.43M	-206.82M	-55.49M	-64.95M	-101.52M	-105.30M	-63.05M	-47.29M	-50.44M	-55.49M	-32.79M	-31.53M	-32.79M	-56.75M	-66.07M	-144.73M	-113.26M	-44.03M	-121.99M	-150.14M	-143.17M	-117.52M	-104.99M	-91.64M	-60.96M	-60.88M	0.00M	0.00M	-60.88M	-121.76M	-109.96M	-110.12M
Preferred Dividends Paid	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Financing Activities	-5.01M	-68.57M	-3.61M	-3.17M	-1.51M	-1.60M	-1.56M	-0.78M	0.89M	0.00M	-2.80M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-10.37M	0.00M	-114.08M	0.00M	60.88M	0.31M	2.54M	69.21M	123.11M	110.06M	110.12M
Net Cash from Financing Activities	-127.21M	-275.38M	-59.10M	-68.12M	-123.49M	-151.90M	-94.61M	-23.92M	0.44M	-105.49M	-67.59M	-224.37M	-20.72M	8.25M	-33.54M	-21.89M	-71.82M	-41.05M	-104.52M	-154.76M	-213.94M	-172.28M	-5.95M	-301.15M	-123.02M	3.52M	75.63M	70.61M	-99.42M	156.14M	-37.20M	39.97M
Effect of FX on Cash	-32.82M	1.36M	-14.39M	-18.09M	-38.10M	39.46M	71.34M	-34.42M	-32.21M	67.37M	-37.97M	-25.79M	-5.12M	6.29M	1.29M	21.37M	28.04M	2.16M	-5.44M	24.86M	6.28M	7.22M	8.98M	0.24M	0.08M	-0.95M	-0.96M	0.69M	0.09M	-3.12M	-0.16M	-2.31M
Net Change in Cash	-818.76M	-528.79M	-288.77M	172.29M	-27.16M	-501.63M	180.16M	329.90M	56.25M	-158.16M	-6.21M	-102.66M	84.30M	42.11M	57.95M	-155.27M	134.15M	297.03M	88.53M	-33.82M	5.66M	175.07M	-66.43M	-363.24M	111.90M	-13.45M	157.48M	-63.28M	-19.22M	77.17M	-69.02M	45.63M
Cash at Beginning of Period	2,988.65M	3,345.44M	816.95M	644.66M	696.31M	1,197.94M	1,017.78M	687.88M	611.56M	769.72M	775.94M	878.60M	794.29M	752.19M	694.23M	849.50M	715.35M	418.33M	329.80M	363.61M	357.95M	182.88M	249.31M	612.55M	500.65M	514.10M	356.63M	419.91M	439.13M	361.96M	430.98M	385.34M
Cash at End of Period	2,895.95M	2,816.65M	528.18M	816.95M	669.15M	696.31M	1,197.94M	1,017.78M	667.82M	611.56M	769.72M	775.94M	878.60M	794.29M	752.19M	694.23M	849.50M	715.35M	418.33M	329.80M	363.61M	357.95M	182.88M	249.31M	612.55M	500.65M	514.10M	356.63M	419.91M	439.13M	361.96M	430.98M
Operating Cash Flow	233.81M	-109.89M	-98.87M	323.04M	149.87M	-259.76M	241.79M	185.54M	73.06M	-172.90M	111.02M	150.48M	138.28M	146.44M	98.91M	41.97M	-44.04M	446.64M	274.02M	169.18M	227.25M	366.29M	19.38M	259.61M	295.54M	33.06M	127.58M	89.47M	116.76M	183.98M	253.08M	305.22M
Capital Expenditure	-152.11M	-194.50M	-71.62M	-57.95M	-63.92M	-130.58M	-41.04M	-18.30M	-18.31M	-65.31M	-11.31M	-29.92M	-37.62M	-115.91M	-113.51M	-107.01M	-83.75M	-69.96M	-122.29M	-58.45M	-21.78M	-60.61M	-89.60M	-148.76M	-35.59M	-34.58M	-146.81M	-111.88M	-73.90M	-45.65M	-57.37M	-58.19M
Free Cash Flow	81.69M	-304.39M	-170.49M	265.09M	85.94M	-390.33M	200.74M	167.24M	54.74M	-238.21M	99.71M	120.56M	100.66M	30.53M	-14.60M	-65.05M	-127.79M	376.69M	151.73M	110.73M	205.47M	305.68M	-70.22M	110.84M	259.95M	-1.52M	-19.23M	-22.41M	42.86M	138.33M	195.71M	247.02M

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	2004-03-31	2003-03-31	2002-03-31	2001-03-31	2000-03-31	1999-03-31	1998-03-31	1997-03-31	1996-03-31
EBITDA	323.25M	309.31M	243.06M	82.63M	112.39M	197.62M	250.71M	57.09M	69.50M	123.87M	118.07M	12.26M	87.10M	119.93M	147.32M	211.81M	359.60M	228.17M	122.44M	335.39M	402.26M	345.19M	396.64M	342.48M	311.51M	172.07M	216.77M	165.70M	1,432.08M	1,693.88M	1,908.12M	1,948.74M
(-) Tax Adjustment	63.67M	42.57M	45.66M	17.35M	21.20M	20.42M	61.70M	19.98M	19.49M	25.24M	41.08M	0.00M	30.49M	27.55M	19.85M	44.02M	64.06M	59.89M	19.69M	17.94M	29.63M	30.96M	31.03M	45.48M	46.01M	35.92M	43.19M	45.49M	166.85M	279.35M	323.27M	373.59M
(-) Change In Working Capital	-348.55M	-459.43M	-318.27M	183.72M	-8.34M	-492.35M	-50.79M	99.29M	112.94M	-369.31M	-66.26M	258.10M	219.02M	24.92M	-4.55M	-124.67M	-386.21M	264.38M	189.23M	-180.19M	-142.29M	10.85M	-332.44M	-64.58M	-11.90M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
(-) Capital Expenditure	-152.11M	-194.50M	-71.62M	-57.95M	-63.92M	-130.58M	-41.04M	-18.30M	-18.31M	-65.31M	-11.31M	-29.92M	-37.62M	-115.91M	-113.51M	-107.01M	-83.75M	-69.96M	-122.29M	-58.45M	-21.78M	-60.61M	-89.60M	-148.76M	-35.59M	-34.58M	-146.81M	-111.88M	-73.90M	-45.65M	-57.37M	-58.19M
Unlevered Free Cash Flow	456.01M	531.66M	444.05M	-176.40M	35.60M	538.96M	198.75M	-80.48M	-81.24M	402.63M	131.94M	-275.76M	-200.02M	-48.45M	18.51M	185.45M	598.00M	-166.06M	-208.76M	439.20M	493.14M	242.77M	608.45M	212.82M	241.81M	101.58M	26.76M	8.33M	1,191.33M	1,368.88M	1,527.48M	1,516.96M
(-) Net Interest Income After Taxes	-1.70M	22.62M	-1.27M	-0.95M	-0.94M	-1.17M	-1.47M	-1.68M	-1.41M	-0.99M	-0.90M	-3.27M	-3.23M	-4.21M	-4.85M	-3.65M	-1.72M	-1.37M	-3.92M	-4.18M	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 Debt Issuance	-1.77M	0.00M	0.00M	0.00M	-20.46M	-45.00M	-30.00M	25.00M	50.00M	-50.00M	-32.00M	-192.85M	12.07M	65.00M	30.00M	122.84M	41.30M	2.27M	12.30M	-7.97M	-79.44M	-45.25M	96.43M	-104.26M	-64.18M	3.52M	75.32M	68.07M	-107.75M	154.79M	-25.48M	40.17M
Levered Free Cash Flow	455.95M	509.03M	445.32M	-175.45M	16.08M	495.14M	170.22M	-53.80M	-29.84M	353.63M	100.84M	-465.34M	-184.72M	20.76M	53.37M	311.93M	641.02M	-162.42M	-192.55M	435.41M	413.70M	197.52M	704.88M	108.56M	177.63M	105.09M	102.08M	76.40M	1,083.58M	1,523.68M	1,502.00M	1,557.12M