First Busey Corporation (BUSE)

Industry: Banks - Regional Sector: Financial Services Currency Used: US Live Price: $24.40

Enterprise Value

Metric	MRQ	MRQ-1	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	23.15	22.89	22.55	24.22	21.12	23.72	25.52	18.30	26.05	29.22	30.01	23.81	20.07	17.77	15.04	14.45	14.79	13.65	17.78	53.19	62.95	65.51	59.28	58.19	50.18	44.61	41.08	37.47	45.25	35.81	25.35	21.20
Market Capitalization	1,573.60M	1,568.38M	1,540.65M	1,371.06M	1,170.68M	1,313.95M	1,412.59M	998.51M	1,429.25M	1,425.45M	1,286.90M	849.24M	577.37M	528.39M	435.16M	390.09M	413.83M	325.06M	248.92M	634.76M	576.07M	466.72M	410.88M	399.04M	341.34M	299.38M	276.25M	250.64M	306.76M	246.26M	176.73M	146.86M
(-) Cash & Equivalents	385.47M	752.35M	779.37M	531.93M	391.44M	321.10M	761.39M	640.29M	451.34M	249.72M	323.91M	277.71M	303.19M	247.44M	282.27M	346.26M	343.39M	284.77M	154.88M	132.82M	84.59M	56.43M	56.20M	49.77M	47.63M	41.16M	47.43M	44.25M	41.05M	39.53M	0.00M	0.00M
(+) Total Debt	420.12M	464.18M	485.86M	454.56M	738.13M	691.94M	591.19M	489.39M	495.54M	539.27M	549.65M	454.20M	289.49M	228.49M	208.48M	200.71M	205.20M	248.28M	341.93M	481.95M	319.22M	279.56M	256.45M	228.13M	125.95M	79.84M	82.64M	120.31M	69.53M	37.18M	16.23M	24.33M
Enterprise Value	1,608.25M	1,280.20M	1,247.14M	1,293.69M	1,517.37M	1,684.79M	1,242.39M	847.61M	1,473.45M	1,715.00M	1,512.64M	1,025.73M	563.67M	509.44M	361.36M	244.54M	275.64M	288.57M	435.97M	983.90M	810.70M	689.84M	611.13M	577.40M	419.66M	338.06M	311.46M	326.70M	335.24M	243.91M	192.95M	171.18M

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	1997-12-31	1996-12-31	1995-12-31
Revenue	932M	657M	663M	601M	487M	432M	445M	473M	376M	309M	240M	183M	167M	171M	184M	192M	219M	251M	277M	244M	175M	140M	110M	99M	99M	111M	112M	88M	81M	74M	40M	35M
Cost of Revenue	345M	211M	210M	162M	41M	13M	82M	79M	49M	26M	16M	8M	8M	16M	31M	42M	81M	322M	195M	115M	71M	49M	33M	29M	34M	48M	53M	38M	34M	32M	31M	27M
Gross Profit	587M	446M	453M	438M	445M	419M	362M	393M	327M	283M	224M	175M	159M	155M	152M	149M	138M	-71M	82M	129M	104M	91M	77M	70M	65M	63M	59M	51M	47M	42M	9M	9M
Gross Profit Margin	63.0%	67.9%	68.4%	73.0%	91.5%	97.0%	81.5%	83.2%	87.0%	91.5%	93.4%	95.7%	94.9%	90.6%	83.0%	77.9%	63.0%	-28.4%	29.4%	52.8%	59.3%	65.1%	70.0%	70.9%	65.9%	56.5%	52.5%	57.6%	58.2%	56.6%	22.0%	24.1%
R&D Expenses	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
SG&A Expenses	264M	178M	181M	168M	163M	148M	127M	140M	108M	96M	78M	66M	63M	66M	67M	57M	58M	70M	66M	46M	35M	28M	24M	22M	21M	21M	19M	18M	16M	15M	14M	13M
Operating Expenses	440M	297M	300M	284M	284M	262M	234M	259M	193M	174M	148M	115M	108M	112M	120M	105M	105M	328M	135M	84M	60M	51M	43M	40M	39M	39M	37M	33M	30M	27M	-4M	-4M
Operating Income (EBIT)	147M	149M	153M	154M	162M	157M	128M	134M	134M	108M	76M	60M	50M	43M	33M	45M	33M	-399M	-54M	44M	44M	40M	34M	30M	26M	24M	21M	18M	17M	15M	13M	12M
Operating Income Margin	15.7%	22.7%	23.1%	25.6%	33.2%	36.3%	28.8%	28.4%	35.6%	35.0%	31.8%	32.7%	30.1%	25.0%	17.9%	23.4%	14.9%	-159.2%	-19.3%	18.2%	24.9%	28.5%	30.7%	30.3%	26.4%	21.5%	19.1%	20.2%	20.5%	19.9%	32.7%	34.0%
Interest Income	787M	521M	523M	479M	360M	299M	327M	356M	286M	224M	165M	118M	108M	109M	117M	133M	156M	185M	220M	202M	146M	116M	86M	74M	76M	90M	93M	72M	67M	64M	61M	54M
Interest Expense	296M	203M	201M	160M	37M	28M	44M	69M	45M	21M	10M	6M	6M	9M	15M	22M	39M	70M	97M	100M	70M	45M	30M	26M	30M	46M	50M	35M	33M	31M	30M	27M
Net Interest Income	491M	318M	322M	319M	323M	271M	283M	287M	241M	203M	155M	112M	102M	100M	102M	110M	117M	114M	123M	101M	77M	71M	56M	48M	46M	44M	43M	37M	34M	33M	31M	28M
Unusual Items	-491M	-318M	-322M	-319M	-323M	-271M	-283M	-287M	-241M	-203M	-155M	-112M	-102M	-100M	-102M	-110M	-117M	-114M	-123M	-101M	-77M	-71M	-56M	-48M	-46M	-44M	-43M	-37M	-34M	-33M	-31M	-28M
EBT Excluding Unusual Items	637M	467M	475M	473M	485M	428M	411M	422M	375M	311M	231M	172M	152M	143M	135M	155M	150M	-284M	70M	146M	120M	111M	90M	78M	72M	68M	64M	55M	51M	48M	44M	40M
Pre-Tax Income	147M	149M	153M	154M	162M	157M	128M	134M	134M	108M	76M	60M	50M	43M	33M	45M	33M	-399M	-54M	44M	44M	40M	34M	30M	26M	24M	21M	18M	17M	15M	13M	12M
Pre-Tax Margin	15.7%	22.7%	23.1%	25.6%	33.2%	36.3%	28.8%	28.4%	35.6%	35.0%	31.8%	32.7%	30.1%	25.0%	17.9%	23.4%	14.9%	-159.2%	-19.3%	18.2%	24.9%	28.5%	30.7%	30.3%	26.4%	21.5%	19.1%	20.2%	20.5%	19.9%	32.7%	34.0%
Income Tax Expense	44M	38M	40M	31M	33M	33M	28M	31M	35M	45M	27M	21M	18M	14M	10M	15M	9M	-76M	-16M	13M	15M	13M	11M	10M	8M	8M	7M	5M	5M	4M	4M	3M
Net Income	103M	111M	114M	123M	128M	123M	100M	103M	99M	63M	50M	39M	33M	29M	22M	30M	23M	-323M	-38M	31M	29M	27M	22M	20M	18M	16M	14M	13M	11M	10M	9M	9M
Net Income Margin	11.0%	16.9%	17.2%	20.4%	26.4%	28.6%	22.6%	21.8%	26.3%	20.3%	20.7%	21.3%	19.6%	16.8%	12.2%	15.6%	10.6%	-129.0%	-13.7%	12.9%	16.5%	19.3%	20.5%	20.2%	18.2%	14.0%	12.6%	14.1%	14.1%	14.0%	23.3%	24.7%
Depreciation & Amortization	27M	21M	21M	23M	26M	28M	28M	24M	17M	15M	12M	9M	8M	9M	9M	9M	10M	12M	12M	8M	5M	5M	4M	4M	4M	6M	6M	5M	4M	4M	3M	3M
EBITDA	174M	170M	174M	177M	187M	185M	156M	159M	151M	123M	88M	69M	59M	51M	42M	54M	43M	-387M	-42M	52M	49M	45M	37M	33M	30M	30M	27M	22M	21M	18M	16M	15M
EBITDA Margin	18.6%	25.9%	26.2%	29.4%	38.5%	42.9%	35.1%	33.6%	40.1%	40.0%	36.7%	37.5%	35.2%	30.0%	22.6%	28.1%	19.6%	-154.3%	-15.0%	21.5%	28.1%	31.9%	33.9%	33.9%	30.7%	26.7%	24.5%	25.3%	25.4%	24.7%	41.1%	41.9%
NOPAT	103M	111M	114M	123M	128M	123M	100M	103M	99M	63M	50M	39M	33M	29M	22M	30M	23M	-315M	-42M	31M	29M	27M	22M	20M	18M	16M	14M	13M	11M	10M	9M	9M
NOPAT Margin	11.0%	16.9%	17.2%	20.4%	26.3%	28.6%	22.6%	21.8%	26.3%	20.3%	20.7%	21.3%	19.6%	16.8%	12.2%	15.6%	10.6%	-125.8%	-15.3%	12.9%	16.5%	19.3%	20.5%	20.2%	18.2%	14.0%	12.6%	14.1%	14.1%	14.0%	23.3%	24.7%
Owner's Earnings	114M	125M	128M	136M	149M	147M	124M	114M	104M	63M	52M	44M	37M	35M	23M	36M	31M	-316M	-36M	25M	28M	30M	22M	20M	20M	19M	13M	13M	11M	11M	11M	10M
Owner's Earnings Margin	12.3%	19.1%	19.3%	22.6%	30.6%	34.0%	27.9%	24.1%	27.7%	20.4%	21.8%	23.9%	22.4%	20.3%	12.2%	18.9%	14.4%	-126.0%	-13.1%	10.3%	15.9%	21.6%	20.5%	20.0%	20.5%	17.0%	11.8%	14.7%	13.9%	14.2%	27.4%	27.6%
EPS (Basic)	1.42	1.97	2.01	2.21	2.32	2.23	1.84	1.88	2.02	1.47	1.42	1.32	1.11	0.87	0.66	0.87	0.81	-23.55	-3.18	3.39	4.05	3.87	3.30	2.92	2.64	2.32	2.10	1.84	1.66	1.50	1.37	1.27
EPS (Diluted)	1.47	1.95	1.98	2.18	2.29	2.20	1.83	1.87	2.01	1.45	1.40	1.34	1.13	0.99	0.77	1.05	1.05	-23.20	-3.18	3.38	4.05	3.87	3.27	2.90	2.62	2.30	2.06	1.80	1.62	1.48	1.34	1.27
Shares (Basic)	66M	56M	57M	55M	55M	55M	55M	55M	49M	43M	35M	29M	29M	29M	28M	28M	22M	12M	12M	9M	7M	7M	7M	7M	7M	7M	7M	7M	7M	7M	7M	7M
Shares (Diluted)	70M	57M	58M	56M	56M	56M	55M	55M	49M	43M	35M	29M	29M	29M	29M	28M	22M	14M	12M	9M	7M	7M	7M	7M	7M	7M	7M	7M	7M	7M	7M	7M

Product Segments

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
Asset Management	84.03M	60.56M	63.63M	57.31M	55.38M	—	—	—	—
Asset Management1	—	—	—	—	—	—	42.93M	—	—
Banking	15.71M	30.51M	30.93M	29.04M	33.11M	—	31.60M	36.68M	28.88M
Commissions And Brokers Fees Net	—	—	—	—	—	—	—	—	3.79M
Deposit Account	—	—	—	—	—	—	—	15.04M	14.35M
Fees for customer services	—	—	—	—	—	35.60M	—	—	—
Fiduciary And Trust	—	—	—	—	—	—	—	—	27.18M
Investment Advice	—	—	—	—	—	—	—	38.56M	—
Payment technology solutions	—	—	—	—	—	18.35M	—	—	—
Remittance Processing	—	—	—	—	—	—	15.40M	—	—
Technology Service	26.13M	22.31M	21.98M	21.19M	20.07M	—	—	—	—
Wealth management fees	—	—	—	—	—	53.09M	—	—	—

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	1997-12-31	1996-12-31	1995-12-31
Cash & Cash Equivalents	385.47M	752.35M	697.66M	719.58M	227.16M	836.10M	688.54M	529.29M	239.97M	347.63M	166.71M	319.28M	339.44M	231.60M	351.26M	315.05M	418.97M	207.07M	190.11M	125.23M	63.32M	60.96M	47.99M	52.40M	47.65M	41.58M	58.59M	69.70M	35.60M	43.30M	33.74M	40.01M
Short-Term Investments	44.55M	43.94M	1,228.91M	2,087.57M	2,461.39M	3,981.25M	2,261.19M	1,648.26M	697.69M	883.70M	759.20M	834.84M	759.07M	841.31M	1,001.50M	831.75M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Cash & Short-Term Investments	430.03M	796.29M	1,926.57M	2,807.15M	2,688.56M	4,817.35M	2,949.72M	2,177.55M	937.66M	1,231.33M	925.91M	1,154.12M	1,098.50M	1,072.91M	1,352.75M	1,146.80M	418.97M	207.07M	190.11M	125.23M	63.32M	60.96M	47.99M	52.40M	47.65M	41.58M	58.59M	69.70M	35.60M	43.30M	33.74M	40.01M
Net Receivables	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Current Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Current Assets	430.03M	796.29M	1,926.57M	2,807.15M	2,688.56M	4,817.35M	2,949.72M	2,177.55M	937.66M	1,231.33M	925.91M	1,154.12M	1,098.50M	1,072.91M	1,352.75M	1,146.80M	418.97M	207.07M	190.11M	125.23M	63.32M	60.96M	47.99M	52.40M	47.65M	41.58M	58.59M	69.70M	35.60M	43.30M	33.74M	40.01M
Property, Plant & Equipment	219.96M	219.46M	129.43M	133.62M	139.35M	146.68M	142.91M	160.76M	117.67M	116.91M	77.86M	63.09M	63.97M	65.83M	71.07M	69.40M	73.22M	77.53M	81.73M	80.40M	41.00M	37.82M	26.30M	22.22M	27.36M	29.08M	31.25M	28.60M	24.20M	22.80M	21.59M	21.86M
Goodwill	383.32M	381.79M	333.70M	317.87M	317.87M	317.87M	311.54M	311.54M	267.69M	269.35M	102.81M	25.51M	20.69M	20.69M	20.69M	20.69M	20.69M	20.69M	228.86M	247.96M	54.39M	54.10M	31.79M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Intangible Assets	101.88M	106.39M	32.28M	35.99M	46.42M	58.05M	51.99M	61.59M	32.87M	38.73M	18.46M	7.43M	6.69M	9.57M	12.70M	16.02M	19.56M	23.64M	28.01M	34.92M	56.58M	6.46M	5.82M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Long-Term Investments	16,288.49M	16,628.77M	9,041.14M	8,444.11M	8,565.19M	7,138.56M	6,761.47M	6,708.15M	6,158.50M	6,009.69M	4,135.24M	2,639.44M	2,370.61M	2,248.57M	2,025.10M	1,992.84M	2,892.20M	3,262.28M	3,813.04M	3,621.09M	2,298.95M	2,057.21M	1,808.94M	1,400.90M	1,319.41M	1,175.29M	1,200.70M	1,101.30M	873.20M	811.60M	788.27M	759.01M
Tax Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	11.43M	17.30M	20.22M	21.64M	22.17M	35.64M	39.37M	48.24M	64.24M	66.50M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Assets	764.96M	786.04M	583.61M	544.67M	579.28M	381.18M	326.43M	276.15M	176.53M	188.35M	144.05M	87.76M	82.97M	86.37M	96.38M	108.14M	116.14M	157.14M	118.34M	85.72M	48.12M	48.22M	45.58M	37.08M	31.32M	44.24M	52.25M	33.20M	18.50M	37.80M	21.32M	23.79M
Other Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Non-Current Assets	17,758.60M	18,122.45M	10,120.15M	9,476.26M	9,648.12M	8,042.34M	7,594.32M	7,518.18M	6,764.70M	6,640.33M	4,498.65M	2,844.86M	2,567.10M	2,466.66M	2,265.30M	2,255.32M	3,186.04M	3,607.78M	4,269.98M	4,070.10M	2,499.04M	2,203.81M	1,918.41M	1,460.21M	1,378.09M	1,248.61M	1,284.20M	1,163.10M	915.90M	872.20M	831.18M	804.66M
Total Assets	18,188.63M	18,918.74M	12,046.72M	12,283.42M	12,336.68M	12,859.69M	10,544.05M	9,695.73M	7,702.36M	7,871.66M	5,424.56M	3,998.98M	3,665.61M	3,539.58M	3,618.06M	3,402.12M	3,605.00M	3,814.85M	4,460.09M	4,195.33M	2,562.35M	2,264.76M	1,966.41M	1,512.60M	1,425.73M	1,290.19M	1,342.79M	1,232.80M	951.50M	915.50M	864.92M	844.67M
Accounts Payable	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Short-Term Debt	147.15M	158.03M	155.61M	199.40M	580.86M	287.82M	180.27M	214.04M	185.80M	524.57M	264.16M	172.97M	198.89M	172.35M	139.02M	127.87M	138.98M	142.33M	265.98M	213.64M	79.77M	50.11M	52.81M	16.00M	2.47M	11.77M	48.89M	71.90M	5.90M	6.60M	14.41M	21.67M
Tax Payables	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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 Revenue	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Current Liabilities	15,070.16M	15,801.77M	9,982.49M	10,291.16M	10,071.28M	10,768.58M	8,677.85M	7,902.40M	6,249.32M	6,125.97M	4,374.30M	3,289.11M	2,900.85M	2,869.14M	2,980.29M	2,763.45M	2,916.37M	3,171.08M	3,506.69M	3,207.20M	2,014.84M	1,809.40M	1,558.82M	1,256.60M	1,213.61M	1,106.00M	1,148.79M	1,028.00M	826.70M	811.50M	766.93M	744.90M
Total Current Liabilities	15,217.31M	15,959.80M	10,138.10M	10,490.55M	10,652.14M	11,056.39M	8,858.12M	8,116.44M	6,435.12M	6,650.53M	4,638.46M	3,462.08M	3,099.74M	3,041.49M	3,119.32M	2,891.32M	3,055.35M	3,313.41M	3,772.67M	3,420.84M	2,094.61M	1,859.51M	1,611.63M	1,272.60M	1,216.07M	1,117.77M	1,197.68M	1,099.90M	832.60M	818.10M	781.33M	766.57M
Long-Term Debt	304.56M	306.15M	313.58M	324.18M	336.84M	351.00M	306.02M	263.38M	219.84M	225.13M	150.87M	135.00M	105.00M	55.00M	62.00M	74.42M	98.16M	137.08M	189.49M	205.91M	211.65M	219.88M	205.37M	117.85M	71.76M	47.02M	55.26M	55.80M	25.00M	10.00M	5.00M	5.00M
Capital Lease Obligations	37.86M	39.24M	11.04M	11.31M	13.00M	10.59M	7.76M	9.55M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Deferred Tax Liabilities	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Liabilities	217.92M	240.24M	211.78M	196.70M	201.72M	133.18M	109.84M	95.48M	52.44M	49.98M	41.53M	28.71M	27.23M	27.73M	27.94M	27.12M	30.99M	36.24M	43.11M	36.48M	17.98M	14.31M	8.57M	6.46M	7.58M	5.11M	9.78M	9.10M	6.80M	6.10M	5.17M	5.32M
Total Non-Current Liabilities	560.34M	585.63M	536.39M	532.19M	551.56M	494.77M	423.61M	368.41M	272.28M	275.11M	192.40M	163.71M	132.23M	82.73M	89.94M	101.53M	129.15M	173.32M	232.60M	242.39M	229.63M	234.20M	213.94M	124.31M	79.34M	52.13M	65.04M	64.90M	31.80M	16.10M	10.17M	10.32M
Total Liabilities	15,777.65M	16,545.43M	10,674.49M	11,022.74M	11,203.70M	11,551.17M	9,281.74M	8,484.85M	6,707.39M	6,925.64M	4,830.86M	3,625.79M	3,231.97M	3,124.21M	3,209.26M	2,992.86M	3,184.50M	3,486.72M	4,005.28M	3,663.23M	2,324.24M	2,093.71M	1,825.57M	1,396.91M	1,295.42M	1,169.90M	1,262.72M	1,164.80M	864.40M	834.20M	791.50M	776.89M
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	72.66M	72.66M	72.66M	72.66M	131.45M	99.46M	0.00M	0.00M	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	0.09M	0.09M	0.06M	0.06M	0.06M	0.06M	0.06M	0.06M	0.05M	0.05M	0.04M	0.03M	0.03M	0.09M	0.09M	0.09M	0.08M	0.07M	0.04M	0.04M	0.02M	0.02M	6.29M	6.29M	6.29M	6.29M	6.29M	6.30M	0.00M	0.00M	6.29M	6.29M
Retained Earnings	303.08M	273.80M	294.05M	237.20M	168.77M	92.46M	20.83M	-14.81M	-72.17M	-132.12M	-163.69M	-190.27M	-210.38M	-225.72M	-240.32M	-238.09M	-249.42M	-256.98M	85.81M	157.19M	144.96M	129.73M	114.36M	102.29M	91.64M	81.86M	73.22M	65.60M	59.00M	53.00M	47.40M	42.47M
Accumulated OCI	-136.80M	-155.31M	-207.04M	-218.80M	-273.28M	-23.76M	33.31M	14.96M	-6.81M	-2.81M	0.04M	2.34M	5.82M	4.46M	13.54M	13.12M	9.03M	8.81M	9.84M	2.05M	5.50M	5.63M	6.70M	6.30M	8.42M	6.11M	3.63M	-0.50M	6.80M	5.80M	3.29M	3.09M
Minority Interest	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	25.00M	25.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Shareholders’ Equity	166.37M	118.58M	87.08M	18.45M	-104.45M	68.76M	54.20M	0.20M	-78.93M	-134.88M	-163.61M	-187.90M	-131.87M	-148.51M	-154.03M	-152.21M	-108.85M	-148.64M	95.69M	159.27M	150.48M	135.38M	127.35M	114.88M	106.35M	94.26M	83.14M	71.40M	65.80M	58.80M	56.98M	51.86M
Total Equity	166.37M	118.58M	87.08M	18.45M	-104.45M	68.76M	54.20M	0.20M	-78.93M	-134.88M	-163.61M	-187.90M	-131.87M	-148.51M	-154.03M	-152.21M	-108.85M	-148.64M	95.69M	159.27M	150.48M	135.38M	127.35M	114.88M	131.35M	119.26M	83.14M	71.40M	65.80M	58.80M	56.98M	51.86M
Total Liabilities & Equity	15,944.02M	16,664.01M	10,761.57M	11,041.19M	11,099.24M	11,619.93M	9,335.93M	8,485.05M	6,628.46M	6,790.75M	4,667.24M	3,437.89M	3,100.09M	2,975.70M	3,055.23M	2,840.65M	3,075.65M	3,338.09M	4,100.96M	3,822.50M	2,474.72M	2,229.09M	1,952.92M	1,511.78M	1,426.77M	1,289.16M	1,345.86M	1,236.20M	930.20M	893.00M	848.48M	828.75M
Tangible Assets	17,703.43M	18,430.56M	11,680.75M	11,929.55M	11,972.38M	12,483.77M	10,180.53M	9,322.60M	7,401.80M	7,563.58M	5,303.29M	3,966.03M	3,638.23M	3,509.32M	3,584.67M	3,365.42M	3,564.76M	3,770.52M	4,203.23M	3,912.44M	2,451.38M	2,204.20M	1,928.80M	1,512.60M	1,425.73M	1,290.19M	1,342.79M	1,232.80M	951.50M	915.50M	864.92M	844.67M
Tangible Equity	-318.83M	-369.60M	-278.90M	-335.41M	-468.75M	-307.16M	-309.33M	-372.93M	-379.49M	-442.96M	-284.89M	-220.84M	-159.25M	-178.77M	-187.42M	-188.91M	-149.10M	-192.97M	-161.18M	-123.62M	39.51M	74.82M	89.75M	114.88M	131.35M	119.26M	83.14M	71.40M	65.80M	58.80M	56.98M	51.86M
Tangible Book Value	-318.83M	-369.60M	-278.90M	-335.41M	-468.75M	-307.16M	-309.33M	-372.93M	-379.49M	-442.96M	-284.89M	-220.84M	-159.25M	-178.77M	-187.42M	-188.91M	-149.10M	-192.97M	-161.18M	-123.62M	39.51M	74.82M	89.75M	114.88M	131.35M	119.26M	83.14M	71.40M	65.80M	58.80M	56.98M	51.86M
Total Investments	16,333.04M	16,672.71M	10,270.05M	10,531.68M	11,026.59M	11,119.81M	9,022.66M	8,356.41M	6,856.19M	6,882.38M	4,895.06M	3,474.27M	3,129.68M	3,089.88M	3,026.60M	2,824.59M	2,892.20M	3,262.28M	3,813.04M	3,621.09M	2,298.95M	2,057.21M	1,808.94M	1,400.90M	1,319.41M	1,175.29M	1,200.70M	1,101.30M	873.20M	811.60M	788.27M	759.01M
Net Debt	66.24M	-288.17M	-228.47M	-196.00M	690.54M	-197.28M	-202.25M	-51.86M	165.66M	402.06M	248.32M	-11.31M	-35.55M	-4.26M	-150.23M	-112.77M	-181.82M	72.33M	265.36M	294.32M	228.10M	209.04M	210.19M	81.46M	26.58M	17.21M	45.56M	58.00M	-4.70M	-26.70M	-14.33M	-13.33M

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	1997-12-31	1996-12-31	1995-12-31
Working Capital	-14,787.3M	-15,163.5M	-8,211.5M	-7,683.4M	-7,963.6M	-6,239.0M	-5,908.4M	-5,938.9M	-5,497.5M	-5,419.2M	-3,712.5M	-2,308.0M	-2,001.2M	-1,968.6M	-1,766.6M	-1,744.5M	-2,636.4M	-3,106.3M	-3,582.6M	-3,295.6M	-2,031.3M	-1,798.6M	-1,563.6M	-1,220.2M	-1,168.4M	-1,076.2M	-1,139.1M	-1,030.2M	-797.0M	-774.8M	-752.8M	-726.6M
Total Capital	2,900.6M	2,876.7M	1,852.5M	1,795.6M	2,063.7M	1,957.9M	1,756.4M	1,697.9M	1,400.6M	1,684.7M	1,009.3M	681.2M	737.5M	642.7M	609.8M	611.6M	657.6M	607.5M	910.3M	949.2M	476.7M	439.7M	397.1M	259.0M	189.4M	164.6M	196.5M	210.0M	118.0M	97.9M	92.8M	94.5M
Capital Employed	2,971.3M	2,958.9M	1,908.6M	1,792.9M	1,684.5M	1,803.3M	1,685.9M	1,579.3M	1,267.2M	1,210.1M	786.7M	536.9M	565.9M	498.1M	498.7M	510.8M	549.7M	501.4M	687.4M	772.1M	412.1M	403.9M	352.8M	249.5M	219.5M	182.9M	157.4M	147.2M	118.9M	97.4M	78.4M	78.1M
Invested Capital	2,515.1M	2,124.4M	1,154.8M	1,076.0M	1,836.5M	1,121.8M	1,067.8M	1,168.6M	1,160.6M	1,337.1M	842.6M	361.9M	398.1M	411.1M	258.6M	296.5M	238.7M	400.5M	720.2M	824.0M	413.4M	378.8M	349.1M	206.6M	141.7M	123.0M	137.9M	140.3M	82.4M	54.6M	59.1M	54.4M

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	1997-12-31	1996-12-31	1995-12-31
Net Income	102.62M	111.34M	113.69M	122.57M	128.31M	123.45M	100.34M	102.95M	98.93M	62.73M	49.69M	39.01M	32.77M	28.73M	22.36M	29.87M	23.23M	-323.11M	-37.95M	31.48M	28.89M	26.93M	22.45M	19.86M	17.90M	15.65M	14.05M	12.50M	11.40M	10.40M	9.31M	8.78M
Depreciation & Amortization	27.13M	21.14M	20.56M	22.71M	25.65M	28.18M	27.95M	24.14M	16.94M	15.37M	11.73M	8.89M	8.46M	8.60M	8.76M	9.06M	10.28M	12.25M	11.91M	8.05M	5.46M	4.72M	3.53M	3.53M	4.20M	5.72M	6.05M	4.50M	4.00M	3.50M	3.36M	2.80M
Deferred Income Tax	2.61M	3.24M	1.38M	6.08M	5.06M	10.23M	-3.00M	1.30M	7.12M	14.10M	2.95M	2.99M	12.72M	10.11M	8.57M	12.78M	2.11M	-46.50M	-23.67M	-2.17M	-2.05M	-0.70M	0.00M	0.34M	-1.37M	-0.41M	0.29M	-0.70M	-0.30M	-0.50M	-0.37M	-0.71M
Stock-Based Compensation	15.02M	5.28M	7.73M	6.60M	8.97M	7.86M	7.14M	4.00M	3.72M	2.75M	1.80M	1.42M	1.19M	1.08M	0.99M	0.49M	0.19M	0.14M	0.09M	0.00M	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	-31.45M	10.12M	5.91M	-9.00M	-57.31M	-24.80M	-18.87M	-7.37M	8.72M	2.38M	-8.22M	-2.92M	0.67M	8.37M	7.76M	3.26M	27.59M	-39.23M	0.93M	-3.39M	2.43M	0.39M	-0.27M	-1.38M	2.32M	-2.26M	0.32M	-3.30M	0.40M	0.10M	1.31M	-2.55M
Accounts Receivable	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	1.90M
Other Working Capital	-31.45M	10.12M	5.91M	-9.00M	-57.31M	-24.80M	-18.87M	-7.37M	8.72M	2.38M	-8.22M	-2.92M	0.67M	8.37M	7.76M	3.26M	27.59M	-39.23M	0.93M	-3.39M	2.43M	0.39M	-0.27M	-1.38M	2.32M	-2.26M	0.32M	-3.30M	0.40M	0.10M	1.31M	-4.46M
Other Non-Cash Items	56.75M	20.90M	29.00M	24.45M	55.11M	17.10M	49.62M	-36.69M	67.13M	156.03M	-78.86M	12.13M	12.31M	41.27M	0.63M	60.42M	24.36M	447.85M	130.06M	1.60M	-5.41M	-1.04M	22.89M	32.21M	-37.19M	-16.44M	1.63M	8.70M	-7.00M	-3.20M	0.19M	5.81M
Net Cash from Operating Activities	172.69M	172.02M	178.27M	173.39M	165.79M	162.01M	163.17M	88.32M	202.55M	253.36M	-20.89M	61.51M	68.11M	98.15M	49.07M	115.88M	87.77M	51.39M	81.38M	35.57M	29.32M	30.31M	48.60M	54.57M	-14.12M	2.27M	22.34M	21.70M	8.50M	10.30M	13.79M	14.13M
Capital Expenditures (PPE)	-15.11M	-7.29M	-6.43M	-9.53M	-4.99M	-5.04M	-4.20M	-13.24M	-11.62M	-14.98M	-8.99M	-4.11M	-3.78M	-2.55M	-8.61M	-2.75M	-2.04M	-4.82M	-10.35M	-14.45M	-6.62M	-1.49M	-3.53M	-3.72M	-1.90M	-2.38M	-6.99M	-4.00M	-4.20M	-3.40M	-1.71M	-1.79M
Acquisitions (Net)	385.80M	18.38M	18.38M	0.00M	0.00M	228.28M	0.00M	-61.48M	0.00M	26.98M	25.58M	12.11M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-12.39M	-35.99M	0.00M	0.00M	0.00M	0.00M	-20.50M	0.00M	0.00M	0.00M	0.00M
Purchases of Investments	-567.56M	-33.93M	-213.03M	-17.05M	-294.90M	-2,309.07M	-1,295.32M	-409.49M	-342.00M	-494.36M	-182.55M	-251.58M	-183.15M	-84.56M	-454.54M	-374.30M	-252.50M	-205.12M	-355.92M	-466.46M	-166.61M	-178.15M	-273.27M	-212.44M	-118.03M	-125.17M	-89.40M	-139.70M	-141.10M	-121.20M	-466.54M	-229.92M
Sales / Maturities of Investments	1,090.39M	391.16M	546.26M	491.87M	555.67M	1,167.88M	680.34M	785.02M	337.65M	344.33M	298.10M	226.33M	259.45M	220.27M	277.37M	140.51M	219.33M	263.74M	320.05M	606.91M	137.45M	222.85M	195.89M	221.53M	119.91M	163.77M	72.09M	165.10M	160.30M	117.80M	437.99M	171.27M
Other Investing Activities	224.56M	641.77M	312.72M	85.71M	-546.63M	90.35M	-108.92M	-243.37M	-39.38M	-155.81M	17.61M	-117.00M	-123.79M	-251.87M	-18.65M	249.78M	387.19M	224.00M	-267.12M	-126.72M	-205.28M	-157.04M	-156.68M	-123.91M	-92.06M	12.11M	-97.92M	-117.10M	-53.40M	-30.50M	0.03M	-46.93M
Net Cash from Investing Activities	1,118.09M	1,010.63M	657.90M	550.99M	-290.86M	-829.19M	-729.54M	57.44M	-55.35M	-293.85M	149.74M	-134.25M	-51.26M	-118.70M	-204.44M	13.24M	351.98M	278.93M	-313.35M	-0.72M	-241.05M	-126.22M	-273.59M	-118.56M	-92.08M	48.33M	-122.22M	-116.20M	-38.40M	-37.30M	-30.24M	-107.37M
Net Debt Issuance	-119.62M	-70.45M	-67.45M	-351.05M	315.42M	54.34M	39.92M	29.33M	-225.50M	118.81M	-108.91M	30.00M	0.00M	-7.00M	-12.00M	-23.33M	-38.50M	-135.00M	56.48M	16.26M	23.48M	9.25M	74.70M	33.53M	15.70M	-45.10M	-23.27M	69.80M	14.50M	3.50M	21.03M	29.98M
Long-Term Debt Issuance	-108.46M	300.55M	-31.45M	-16.05M	-14.58M	53.34M	39.92M	29.33M	-225.50M	58.51M	-4.91M	30.00M	0.00M	-7.00M	-12.00M	-23.33M	-38.50M	-52.00M	-16.00M	-20.83M	-6.18M	14.91M	64.60M	20.00M	25.00M	-7.98M	-2.87M	6.00M	15.00M	7.50M	1.10M	24.23M
Short-Term Debt Issuance	-11.16M	-371.00M	-36.00M	-335.00M	330.00M	1.00M	0.00M	0.00M	-220.00M	60.30M	-104.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-83.00M	72.48M	37.08M	29.66M	-5.66M	10.10M	13.53M	-9.30M	-37.12M	-20.40M	63.80M	-0.50M	-4.00M	19.93M	5.75M
Net Stock Issuance	-40.04M	-2.67M	0.00M	-4.48M	-9.91M	-33.04M	-12.27M	-24.29M	0.00M	0.00M	0.00M	-78.97M	50.00M	0.00M	0.00M	-27.34M	84.32M	216.85M	-10.30M	-10.57M	-1.17M	0.05M	1.12M	1.43M	-2.92M	27.29M	-2.39M	-4.50M	-2.10M	-0.30M	0.19M	-0.35M
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	30.00M	50.00M	0.00M	0.00M	0.00M	52.45M	116.85M	0.33M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.80M	0.35M
Common Stock Repurchased	-40.04M	-2.67M	0.00M	-4.48M	-9.91M	-33.04M	-12.27M	-24.29M	0.00M	0.00M	0.00M	-78.97M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-10.62M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-0.61M	-0.71M
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	-72.66M	0.00M	0.00M	0.00M	-27.34M	31.86M	100.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	25.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Dividends Paid	-77.91M	-53.79M	-54.17M	-53.08M	-50.86M	-50.76M	-48.01M	-45.17M	-39.01M	-30.71M	-22.75M	-18.62M	-17.22M	-14.04M	-24.43M	-18.34M	-15.62M	-18.95M	-28.68M	-19.25M	-13.66M	-11.56M	-10.38M	-9.22M	-8.13M	-7.01M	-6.41M	-6.00M	-5.40M	-4.80M	-4.38M	-3.94M
Common Dividends Paid	-77.91M	-53.79M	-54.17M	-53.08M	-50.86M	-50.76M	-48.01M	-45.17M	-39.01M	-30.71M	-22.75M	-18.62M	-17.22M	-14.04M	-24.43M	-18.34M	-15.62M	-18.95M	-28.68M	-19.25M	-13.66M	-11.56M	-10.38M	-9.22M	-8.13M	-7.01M	-6.41M	-6.00M	-5.40M	-4.80M	-4.38M	-3.94M
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	-1,221.45M	-839.95M	-736.47M	176.65M	-738.50M	844.20M	745.98M	183.69M	4.01M	138.95M	-149.77M	120.17M	58.21M	-78.07M	228.00M	-164.03M	-258.06M	-376.27M	279.36M	40.62M	205.44M	111.15M	155.14M	42.99M	107.61M	-42.79M	120.81M	69.20M	15.20M	38.20M	-6.02M	75.58M
Net Cash from Financing Activities	-1,459.02M	-966.86M	-858.09M	-231.96M	-483.86M	814.74M	725.61M	143.56M	-260.50M	227.06M	-281.42M	52.58M	90.99M	-99.11M	191.57M	-233.03M	-227.86M	-313.37M	296.86M	27.07M	214.09M	108.88M	220.58M	68.74M	112.26M	-67.60M	88.74M	128.50M	22.20M	36.60M	10.83M	101.28M
Effect of FX on Cash	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.10M	0.00M	0.00M	0.00M	0.00M
Net Change in Cash	-168.24M	215.79M	-21.92M	492.42M	-608.93M	147.56M	159.25M	289.32M	-113.30M	186.57M	-152.57M	-20.16M	107.84M	-119.65M	36.20M	-103.91M	211.89M	16.96M	64.89M	61.91M	2.36M	12.97M	-4.41M	4.75M	6.07M	-17.01M	-11.14M	34.10M	-7.70M	-33.70M	-5.62M	8.03M
Cash at Beginning of Period	3,204.01M	1,933.84M	719.58M	227.16M	836.10M	688.54M	529.29M	239.97M	353.27M	166.71M	319.28M	339.44M	231.60M	351.26M	315.05M	418.97M	207.07M	190.11M	125.23M	63.32M	60.96M	47.99M	52.40M	47.65M	41.58M	58.59M	69.72M	35.60M	43.30M	33.70M	39.36M	31.33M
Cash at End of Period	3,035.78M	2,149.63M	697.66M	719.58M	227.16M	836.10M	688.54M	529.29M	239.97M	353.27M	166.71M	319.28M	339.44M	231.60M	351.26M	315.05M	418.97M	207.07M	190.11M	125.23M	63.32M	60.96M	47.99M	52.40M	47.65M	41.58M	58.59M	69.70M	35.60M	70.30M	33.74M	39.36M
Operating Cash Flow	172.69M	172.02M	178.27M	173.39M	165.79M	162.01M	163.17M	88.32M	202.55M	253.36M	-20.89M	61.51M	68.11M	98.15M	49.07M	115.88M	87.77M	51.39M	81.38M	35.57M	29.32M	30.31M	48.60M	54.57M	-14.12M	2.27M	22.34M	21.70M	8.50M	10.30M	13.79M	14.13M
Capital Expenditure	-15.42M	-7.29M	-6.43M	-9.53M	-4.99M	-5.04M	-4.20M	-13.24M	-11.62M	-14.98M	-8.99M	-4.11M	-3.78M	-2.55M	-8.61M	-2.75M	-2.04M	-4.82M	-10.35M	-14.45M	-6.62M	-1.49M	-3.53M	-3.72M	-1.90M	-2.38M	-6.99M	-4.00M	-4.20M	-3.40M	-1.71M	-1.79M
Free Cash Flow	157.27M	164.74M	171.84M	163.86M	160.80M	156.97M	158.98M	75.08M	190.93M	238.38M	-29.89M	57.39M	64.33M	95.60M	40.46M	113.13M	85.73M	46.58M	71.02M	21.12M	22.70M	28.82M	45.07M	50.85M	-16.02M	-0.11M	15.35M	17.70M	4.30M	6.90M	12.08M	12.34M

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	1997-12-31	1996-12-31	1995-12-31
EBITDA	350.43M	289.18M	292.19M	292.72M	308.00M	298.38M	263.63M	276.90M	236.07M	202.28M	157.62M	118.02M	103.55M	97.64M	93.92M	101.12M	90.29M	-128.94M	27.37M	91.10M	74.52M	67.24M	56.46M	51.08M	48.20M	47.64M	45.51M	37.89M	34.80M	30.90M	-1.74M	-1.19M
(-) Tax Adjustment	104.98M	73.33M	75.50M	59.61M	63.65M	63.50M	57.29M	64.85M	61.69M	70.80M	55.12M	40.91M	36.09M	32.16M	30.01M	33.76M	26.14M	-24.47M	7.96M	26.53M	25.13M	21.84M	18.82M	17.13M	15.11M	16.59M	15.47M	11.43M	10.76M	9.19M	-0.50M	-0.32M
(-) Change In Working Capital	-31.45M	10.12M	5.91M	-9.00M	-57.31M	-24.80M	-18.87M	-7.37M	8.72M	2.38M	-8.22M	-2.92M	0.67M	8.37M	7.76M	3.26M	27.59M	-39.23M	0.93M	-3.39M	2.43M	0.39M	-0.27M	-1.38M	2.32M	-2.26M	0.32M	-3.30M	0.40M	0.10M	1.31M	-2.55M
(-) Capital Expenditure	-15.42M	-7.29M	-6.43M	-9.53M	-4.99M	-5.04M	-4.20M	-13.24M	-11.62M	-14.98M	-8.99M	-4.11M	-3.78M	-2.55M	-8.61M	-2.75M	-2.04M	-4.82M	-10.35M	-14.45M	-6.62M	-1.49M	-3.53M	-3.72M	-1.90M	-2.38M	-6.99M	-4.00M	-4.20M	-3.40M	-1.71M	-1.79M
Unlevered Free Cash Flow	261.48M	198.45M	204.35M	232.59M	296.67M	254.64M	221.01M	206.18M	154.04M	114.12M	101.72M	75.92M	63.02M	54.56M	47.55M	61.36M	34.52M	-70.06M	8.13M	53.51M	40.34M	43.52M	34.38M	31.60M	28.87M	30.93M	22.73M	25.76M	19.44M	18.21M	-4.27M	-0.10M
(-) Net Interest Income After Taxes	343.84M	237.27M	238.62M	254.40M	256.59M	213.09M	221.45M	219.96M	178.32M	132.19M	100.58M	73.05M	66.17M	67.10M	69.51M	73.54M	83.24M	92.69M	87.46M	71.94M	50.71M	47.91M	37.26M	32.05M	31.30M	28.38M	28.23M	26.12M	23.56M	22.98M	22.23M	20.33M
Net Debt Issuance	-119.62M	-70.45M	-67.45M	-351.05M	315.42M	54.34M	39.92M	29.33M	-225.50M	118.81M	-108.91M	30.00M	0.00M	-7.00M	-12.00M	-23.33M	-38.50M	-135.00M	56.48M	16.26M	23.48M	9.25M	74.70M	33.53M	15.70M	-45.10M	-23.27M	69.80M	14.50M	3.50M	21.03M	29.98M
Levered Free Cash Flow	-201.98M	-109.27M	-101.72M	-372.87M	355.50M	95.90M	39.49M	15.56M	-249.78M	100.74M	-107.76M	32.86M	-3.16M	-19.54M	-33.96M	-35.50M	-87.22M	-297.76M	-22.85M	-2.17M	13.11M	4.86M	71.83M	33.08M	13.27M	-42.55M	-28.77M	69.44M	10.38M	-1.26M	-5.46M	9.55M