Dollar General Corporation (DG)

Analysis: Growth Rates Industry: Discount Stores Sector: Consumer Defensive Live Price: $148.74

Enterprise Value

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Stock Price
Avg YoY	-44.06%	-17.87%	4.20%	10.61%	9.09%	7.20%	5.96%
Slope	-54.11%	-18.90%	6.09%	9.92%	10.70%	9.72%	8.51%
CAGR	-44.18%	-22.27%	-0.61%	6.77%	6.18%	4.86%	4.01%
LSR	-44.18%	-21.50%	6.23%	11.98%	13.25%	10.86%	8.59%
Market Capitalization
Avg YoY	-43.93%	-17.74%	4.20%	10.67%	9.12%	7.24%	5.95%
Slope	-53.92%	-18.76%	6.09%	9.93%	10.71%	9.73%	8.51%
CAGR	-44.06%	-22.13%	-0.58%	6.85%	6.22%	4.92%	4.01%
LSR	-44.06%	-21.36%	6.23%	12.02%	13.27%	10.88%	8.59%
(-) Cash & Equivalents
Avg YoY	59.19%	15.06%	68.71%	55.68%	56.53%	52.24%	65.01%
Slope	45.75%	-5.06%	17.44%	10.66%	9.26%	7.48%	8.32%
CAGR	58.55%	-6.33%	25.85%	8.00%	10.70%	9.44%	22.31%
LSR	58.55%	-0.10%	22.68%	11.39%	8.93%	6.52%	13.98%
(+) Total Debt
Avg YoY	0.94%	10.56%	43.42%	28.56%	96.96%	73.87%	1,105.04%
Slope	0.83%	10.14%	22.07%	18.72%	15.21%	14.07%	13.08%
CAGR	0.85%	9.93%	25.79%	16.34%	26.94%	16.14%	22.54%
LSR	0.85%	11.25%	33.43%	22.34%	20.38%	20.24%	28.92%
Enterprise Value
Avg YoY	-30.56%	-9.27%	9.74%	12.95%	12.61%	9.75%	8.26%
Slope	-35.44%	-10.18%	9.97%	12.02%	11.80%	10.76%	9.52%
CAGR	-30.58%	-11.84%	6.30%	10.49%	10.27%	7.79%	6.59%
LSR	-30.58%	-11.33%	12.29%	14.81%	14.49%	12.36%	10.01%

Income Statement

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Revenue
Avg YoY	3.60%	4.80%	8.11%	8.55%	8.61%	9.64%	11.58%
Slope	3.54%	4.92%	8.02%	8.01%	8.13%	8.12%	8.25%
CAGR	3.59%	4.74%	7.97%	8.46%	8.52%	9.55%	11.42%
LSR	3.59%	5.06%	8.60%	8.64%	9.03%	9.42%	10.73%
Cost of Revenue
Avg YoY	4.83%	5.62%	8.31%	8.81%	8.53%	9.49%	11.52%
Slope	4.72%	5.74%	8.13%	8.12%	8.07%	8.03%	8.17%
CAGR	4.82%	5.56%	8.20%	8.73%	8.45%	9.41%	11.37%
LSR	4.82%	5.92%	8.69%	8.78%	8.86%	9.22%	10.53%
Gross Profit
Avg YoY	0.85%	2.97%	7.67%	8.00%	8.91%	10.10%	11.80%
Slope	0.83%	3.07%	7.78%	7.77%	8.27%	8.32%	8.44%
CAGR	0.83%	2.90%	7.43%	7.84%	8.70%	9.89%	11.56%
LSR	0.83%	3.14%	8.40%	8.34%	9.47%	9.92%	11.20%
Gross Margin
Avg YoY	-2.66%	-1.75%	-0.48%	-0.55%	0.23%	0.37%	0.18%
Slope	-2.70%	-1.83%	-0.18%	-0.28%	0.37%	0.44%	0.42%
CAGR	-2.66%	-1.76%	-0.50%	-0.57%	0.16%	0.31%	0.12%
LSR	-2.66%	-1.82%	-0.19%	-0.28%	0.40%	0.45%	0.42%
SG&A Expenses
Avg YoY	10.16%	9.53%	10.04%	9.50%	9.33%	10.58%	12.45%
Slope	9.68%	9.29%	9.52%	8.88%	8.41%	8.37%	8.52%
CAGR	10.15%	9.51%	10.01%	9.47%	9.30%	10.52%	12.32%
LSR	10.15%	9.70%	10.12%	9.44%	9.05%	9.64%	11.27%
Operating Expenses
Avg YoY	10.16%	9.53%	10.04%	9.50%	9.33%	10.58%	12.45%
Slope	9.68%	9.29%	9.52%	8.89%	8.41%	8.37%	8.52%
CAGR	10.15%	9.51%	10.01%	9.47%	9.30%	10.52%	12.32%
LSR	10.15%	9.71%	10.12%	9.44%	9.05%	9.64%	11.27%
Operating Income (EBIT)
Avg YoY	-28.22%	-15.62%	1.08%	3.88%	11.92%	17.21%	15.60%
Slope	-32.33%	-15.62%	2.90%	4.80%	7.89%	8.30%	8.30%
CAGR	-28.24%	-16.67%	-1.37%	2.14%	6.05%	10.56%	8.79%
LSR	-28.24%	-15.92%	2.64%	4.93%	11.49%	11.53%	11.31%
Operating Margin
Avg YoY	-30.68%	-19.64%	-7.21%	-4.80%	2.44%	6.15%	3.16%
Slope	-35.48%	-20.00%	-4.53%	-2.87%	1.42%	1.54%	0.44%
CAGR	-30.72%	-20.44%	-8.65%	-5.82%	-2.28%	0.92%	-2.36%
LSR	-30.72%	-19.96%	-5.49%	-3.42%	2.26%	1.93%	0.52%
Interest Income
Avg YoY	—	—	—	-79.32%	-37.49%	-28.19%	-28.19%
Slope	—	—	—	-35.93%	-24.74%	-11.84%	-4.88%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Interest Expense
Avg YoY	19.31%	19.37%	15.82%	3.34%	39.48%	29.19%	33.12%
Slope	11.64%	18.62%	15.44%	3.68%	0.55%	3.84%	5.78%
CAGR	13.95%	16.22%	13.62%	0.00%	13.15%	7.79%	—
LSR	13.95%	21.31%	15.97%	3.45%	3.30%	6.75%	—
Net Interest Income
Avg YoY	19.31%	19.37%	15.82%	3.34%	49.53%	35.71%	39.14%
Slope	-11.64%	-18.62%	-15.44%	-3.68%	-0.76%	-3.99%	-5.88%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Income / Expense
Avg YoY	19.23%	19.37%	15.79%	3.12%	49.81%	35.94%	52.79%
Slope	-11.60%	-18.61%	-15.38%	-2.83%	-0.45%	-3.83%	-5.80%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Unusual Items
Avg YoY	19.23%	19.37%	15.79%	3.12%	49.81%	35.94%	52.79%
Slope	11.60%	18.61%	15.38%	2.83%	0.45%	3.83%	5.80%
CAGR	13.89%	16.22%	13.59%	-0.19%	15.68%	7.79%	16.03%
LSR	13.89%	21.31%	15.89%	2.73%	4.04%	7.27%	13.64%
EBT excl. Unusual
Avg YoY	-42.40%	-24.56%	-2.74%	10.68%	-36.93%	25.14%	20.84%
Slope	-53.53%	-26.17%	-0.12%	5.47%	11.15%	10.24%	9.35%
CAGR	-42.48%	-26.80%	-6.80%	5.49%	2.98%	17.67%	6.75%
LSR	-42.48%	-26.83%	-1.84%	6.78%	—	—	—
Pre-Tax Income
Avg YoY	-32.03%	-18.09%	0.03%	4.94%	-390.10%	-298.11%	-245.64%
Slope	-37.68%	-18.54%	2.03%	5.04%	8.77%	8.82%	8.59%
CAGR	-32.03%	-19.36%	-2.76%	2.75%	5.25%	11.37%	8.33%
LSR	-32.03%	-18.86%	1.47%	5.36%	—	—	—
Pre-Tax Margin
Avg YoY	-34.38%	-22.01%	-8.23%	-3.87%	-363.07%	-280.68%	-234.46%
Slope	-40.76%	-22.81%	-5.29%	-2.27%	2.95%	2.24%	0.46%
CAGR	-34.39%	-23.01%	-9.94%	-5.26%	-3.02%	1.66%	-2.78%
LSR	-34.39%	-22.76%	-6.57%	-3.02%	—	—	—
Income Tax Expense
Avg YoY	-32.98%	-17.96%	-3.64%	2.79%	44.85%	46.72%	39.52%
Slope	-39.31%	-18.63%	-2.74%	0.29%	5.67%	6.51%	6.80%
CAGR	-33.00%	-19.51%	-8.33%	-0.90%	2.56%	9.20%	6.28%
LSR	-33.00%	-19.00%	-3.09%	0.05%	11.36%	10.16%	9.33%
Net Income
Avg YoY	-31.75%	-18.11%	2.67%	6.52%	-38.11%	-19.70%	-15.09%
Slope	-37.21%	-18.51%	3.55%	6.80%	9.96%	9.73%	9.30%
CAGR	-31.75%	-19.31%	-0.39%	4.26%	6.34%	12.23%	9.19%
LSR	-31.75%	-18.82%	3.45%	7.61%	—	—	—
Net Margin
Avg YoY	-34.11%	-22.01%	-5.75%	-2.37%	-43.48%	-27.89%	-25.14%
Slope	-40.30%	-22.79%	-3.42%	-0.29%	4.33%	3.30%	1.35%
CAGR	-34.12%	-22.96%	-7.74%	-3.87%	-2.02%	2.44%	-2.00%
LSR	-34.12%	-22.72%	-4.74%	-0.95%	—	—	—
Depreciation & Amortization
Avg YoY	15.79%	14.07%	11.97%	10.10%	9.17%	9.54%	14.08%
Slope	14.55%	13.33%	11.48%	9.37%	8.16%	7.86%	8.23%
CAGR	15.78%	14.05%	11.93%	10.03%	9.07%	9.44%	13.41%
LSR	15.78%	14.25%	12.09%	9.56%	8.26%	8.41%	11.02%
EBITDA
Avg YoY	-18.60%	-9.68%	3.27%	5.15%	9.62%	13.07%	12.91%
Slope	-20.44%	-9.58%	4.54%	5.64%	7.94%	8.21%	8.29%
CAGR	-18.60%	-10.19%	1.77%	4.11%	6.95%	10.12%	9.89%
LSR	-18.60%	-9.69%	4.79%	5.99%	10.53%	10.72%	11.19%
EBITDA Margin
Avg YoY	-21.41%	-13.92%	-5.01%	-3.50%	0.53%	2.65%	0.90%
Slope	-23.78%	-14.19%	-3.08%	-2.20%	0.99%	1.02%	0.39%
CAGR	-21.42%	-14.26%	-5.74%	-4.01%	-1.45%	0.52%	-1.37%
LSR	-21.42%	-14.03%	-3.51%	-2.44%	1.37%	1.18%	0.41%
NOPAT
Avg YoY	-28.22%	-15.62%	1.08%	3.88%	11.92%	17.21%	15.60%
Slope	-32.33%	-15.62%	2.90%	4.80%	7.89%	8.30%	8.30%
CAGR	-28.24%	-16.67%	-1.37%	2.14%	6.05%	10.56%	8.79%
LSR	-28.24%	-15.92%	2.64%	4.93%	11.49%	11.53%	11.31%
NOPAT Margin
Avg YoY	-30.68%	-19.64%	-7.21%	-4.80%	2.44%	6.15%	3.16%
Slope	-35.48%	-20.00%	-4.53%	-2.87%	1.42%	1.54%	0.44%
CAGR	-30.72%	-20.44%	-8.65%	-5.82%	-2.28%	0.92%	-2.36%
LSR	-30.72%	-19.96%	-5.49%	-3.42%	2.26%	1.93%	0.52%
Owner's Earnings
Avg YoY	-25.78%	-20.46%	1.00%	6.91%	14.79%	-15.87%	-13.94%
Slope	-37.45%	-27.14%	0.14%	5.56%	9.00%	9.11%	9.11%
CAGR	-29.43%	-22.67%	-2.76%	3.87%	6.16%	—	9.78%
LSR	-29.43%	-25.52%	-0.95%	6.32%	14.52%	—	—
Owner's Earnings Margin
Avg YoY	-28.64%	-24.12%	-7.25%	-1.97%	5.02%	-22.06%	-22.04%
Slope	-40.90%	-31.32%	-6.59%	-0.99%	3.52%	2.99%	2.30%
CAGR	-31.87%	-26.17%	-9.94%	-4.23%	-2.18%	—	-1.47%
LSR	-31.87%	-29.10%	-8.80%	-2.14%	5.03%	—	—
EPS (Basic)
Avg YoY	-30.92%	-15.34%	6.19%	9.96%	-35.82%	-17.88%	-13.34%
Slope	-35.95%	-15.59%	6.35%	9.55%	11.71%	11.10%	10.40%
CAGR	-30.94%	-16.84%	2.90%	7.58%	8.53%	14.14%	10.98%
LSR	-30.94%	-16.28%	7.11%	11.48%	—	—	—
EPS (Diluted)
Avg YoY	-30.77%	-15.19%	6.19%	10.03%	-36.15%	-18.08%	-13.54%
Slope	-35.74%	-15.44%	6.35%	9.57%	11.72%	11.11%	10.41%
CAGR	-30.79%	-16.69%	2.92%	7.66%	8.57%	14.19%	10.98%
LSR	-30.79%	-16.13%	7.11%	11.52%	—	—	—
Shares (Basic)
Avg YoY	-1.17%	-2.96%	-3.18%	-3.07%	-1.98%	-1.64%	-1.57%
Slope	-1.19%	-3.11%	-3.47%	-3.52%	-2.23%	-1.68%	-1.37%
CAGR	-1.18%	-2.98%	-3.19%	-3.09%	-2.02%	-1.67%	-1.61%
LSR	-1.18%	-3.03%	-3.41%	-3.47%	-2.30%	-1.77%	-1.45%
Shares (Diluted)
Avg YoY	-1.38%	-3.13%	-3.20%	-3.14%	-2.01%	-1.69%	-1.57%
Slope	-1.41%	-3.30%	-3.47%	-3.56%	-2.24%	-1.70%	-1.37%
CAGR	-1.40%	-3.15%	-3.21%	-3.16%	-2.05%	-1.72%	-1.61%
LSR	-1.40%	-3.20%	-3.41%	-3.51%	-2.32%	-1.79%	-1.45%

Product Segments

Metric / Stat	3Y	5Y	10Y	15Y	20Y
Apparel
Avg YoY	-2.12%	-5.08%	3.85%	5.38%	5.38%
Slope	-2.17%	-6.54%	3.56%	5.48%	5.48%
CAGR	-2.13%	-5.31%	3.27%	4.93%	4.93%
LSR	-2.13%	-6.27%	3.84%	6.05%	6.05%
Consumables
Avg YoY	6.69%	10.13%	12.67%	12.98%	12.98%
Slope	6.46%	9.91%	12.02%	11.85%	11.85%
CAGR	6.69%	10.00%	12.54%	12.88%	12.88%
LSR	6.69%	10.62%	13.30%	13.37%	13.37%
Home Products
Avg YoY	-4.36%	1.85%	9.60%	9.93%	9.93%
Slope	-4.46%	1.21%	9.87%	10.07%	10.07%
CAGR	-4.36%	1.63%	8.93%	9.46%	9.46%
LSR	-4.36%	1.29%	11.09%	11.21%	11.21%
Seasonal
Avg YoY	0.08%	3.25%	9.26%	9.34%	9.34%
Slope	0.08%	2.90%	9.23%	9.45%	9.45%
CAGR	0.08%	3.19%	8.97%	9.13%	9.13%
LSR	0.08%	3.01%	10.26%	10.43%	10.43%

Balance Sheet

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Cash & Cash Equivalents
Avg YoY	59.19%	15.06%	68.71%	55.68%	56.53%	52.24%	65.01%
Slope	45.75%	-5.06%	17.44%	10.66%	9.26%	7.48%	8.32%
CAGR	58.55%	-6.33%	25.85%	8.00%	10.70%	9.44%	22.31%
LSR	58.55%	-0.10%	22.68%	11.39%	8.93%	6.52%	13.98%
Short-Term Investments
Avg YoY	—	—	—	—	39.06%	9.54%	9.54%
Slope	—	—	—	—	-24.99%	-12.91%	-5.62%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Cash & Short-Term Investments
Avg YoY	59.19%	15.06%	68.71%	55.68%	53.95%	50.23%	63.34%
Slope	45.75%	-5.06%	17.44%	10.66%	9.04%	7.29%	8.18%
CAGR	58.55%	-6.33%	25.85%	8.00%	10.44%	9.44%	22.31%
LSR	58.55%	-0.10%	22.68%	11.39%	8.44%	6.24%	13.88%
Net Receivables
Avg YoY	-0.86%	14.34%	116.85%	73.38%	-28.66%	-32.62%	-32.62%
Slope	-1.97%	10.70%	17.57%	48.89%	34.91%	26.17%	21.50%
CAGR	-1.87%	12.33%	42.95%	—	—	—	—
LSR	-1.87%	12.10%	36.32%	—	—	—	—
Inventory
Avg YoY	1.18%	10.33%	12.96%	13.81%	10.92%	11.03%	11.75%
Slope	1.02%	9.87%	12.79%	12.59%	11.44%	10.24%	9.54%
CAGR	1.04%	9.80%	12.68%	13.60%	10.57%	10.66%	11.25%
LSR	1.04%	10.93%	14.47%	14.59%	12.78%	11.09%	10.78%
Other Current Assets
Avg YoY	15.84%	15.84%	15.84%	-27.06%	-45.13%	-14.01%	-0.34%
Slope	14.00%	54.67%	43.56%	20.31%	16.16%	11.67%	9.97%
CAGR	15.51%	—	—	13.47%	11.09%	11.38%	14.78%
LSR	15.51%	—	—	—	—	—	—
Total Current Assets
Avg YoY	5.30%	9.17%	15.17%	13.87%	11.70%	11.45%	12.75%
Slope	5.05%	9.79%	13.88%	12.87%	11.48%	10.09%	9.49%
CAGR	5.24%	8.42%	14.50%	13.17%	10.85%	10.60%	11.88%
LSR	5.24%	10.47%	15.94%	14.66%	12.56%	10.57%	10.78%
Property, Plant & Equipment
Avg YoY	6.11%	10.38%	46.10%	33.86%	25.99%	21.57%	27.53%
Slope	5.72%	9.92%	22.57%	20.22%	17.16%	14.71%	13.32%
CAGR	5.99%	10.23%	29.57%	22.86%	17.56%	14.74%	19.50%
LSR	5.99%	10.77%	36.60%	27.29%	20.29%	15.89%	16.94%
Goodwill
Avg YoY	1.43%	3.28%	3.33%	3.27%	2.19%	2.19%	2.19%
Slope	1.40%	3.21%	3.46%	3.55%	5.27%	8.18%	9.02%
CAGR	1.41%	3.25%	3.32%	3.26%	—	—	—
LSR	1.41%	3.31%	3.53%	3.64%	—	—	—
Intangible Assets
Avg YoY	1.43%	3.27%	3.32%	2.94%	1.43%	1.43%	1.43%
Slope	1.40%	3.21%	3.45%	3.35%	4.82%	7.89%	8.81%
CAGR	1.41%	3.25%	3.31%	2.92%	—	—	—
LSR	1.41%	3.31%	3.52%	3.41%	—	—	—
Tax Assets
Avg YoY	—	—	—	—	—	-100.00%	-100.00%
Slope	—	—	—	—	—	-23.08%	-12.68%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Non-Current Assets
Avg YoY	1.23%	16.62%	15.98%	5.69%	8.59%	16.54%	52.33%
Slope	0.97%	13.58%	15.14%	6.96%	-0.90%	0.62%	3.28%
CAGR	1.00%	15.47%	15.01%	3.13%	2.53%	-1.72%	10.43%
LSR	1.00%	16.11%	17.50%	6.43%	-0.48%	2.95%	7.32%
Total Non-Current Assets
Avg YoY	4.90%	8.44%	19.71%	14.44%	34.18%	27.57%	33.96%
Slope	4.64%	8.19%	16.03%	13.49%	11.95%	11.86%	11.45%
CAGR	4.82%	8.34%	16.45%	12.21%	19.03%	15.24%	20.52%
LSR	4.82%	8.76%	20.05%	14.64%	15.01%	17.14%	20.07%
Total Assets
Avg YoY	5.00%	8.49%	17.63%	13.67%	20.17%	17.25%	19.45%
Slope	4.75%	8.60%	15.46%	13.33%	11.82%	11.38%	10.90%
CAGR	4.93%	8.36%	15.91%	12.45%	15.56%	13.50%	16.03%
LSR	4.93%	9.18%	18.87%	14.64%	13.71%	14.28%	15.55%
Accounts Payable
Avg YoY	5.35%	4.86%	15.29%	14.47%	13.95%	13.56%	16.08%
Slope	5.22%	4.01%	13.00%	13.18%	12.46%	11.67%	10.92%
CAGR	5.34%	4.78%	14.72%	14.05%	13.55%	13.19%	15.13%
LSR	5.34%	4.10%	15.99%	15.80%	15.02%	14.44%	14.49%
Short-Term Debt
Avg YoY	-32.45%	-32.45%	6,262.31%	4,201.71%	2,896.46%	2,402.94%	1,954.99%
Slope	60.48%	70.16%	17.21%	18.66%	17.50%	11.56%	10.32%
CAGR	—	—	99.71%	59.73%	26.55%	20.47%	8.72%
LSR	—	—	—	—	—	—	—
Tax Payables
Avg YoY	1,458.52%	721.40%	347.70%	252.65%	207.65%	184.30%	154.98%
Slope	137.63%	85.19%	32.36%	5.23%	8.19%	6.02%	6.35%
CAGR	508.13%	118.26%	33.08%	23.57%	13.39%	14.88%	13.02%
LSR	508.13%	93.45%	11.30%	-6.88%	3.41%	1.03%	2.42%
Other Current Liabilities
Avg YoY	54.72%	28.02%	20.60%	21.37%	34.08%	34.08%	34.08%
Slope	33.29%	24.30%	17.76%	13.85%	15.10%	14.47%	13.38%
CAGR	46.70%	21.83%	16.57%	17.63%	30.18%	—	—
LSR	46.70%	26.58%	17.82%	13.88%	—	—	—
Total Current Liabilities
Avg YoY	19.95%	11.95%	17.72%	16.40%	15.61%	17.21%	16.75%
Slope	16.85%	11.59%	14.05%	13.41%	12.92%	11.81%	11.01%
CAGR	19.23%	11.27%	16.92%	15.71%	14.95%	14.42%	14.04%
LSR	19.23%	12.05%	16.12%	15.54%	15.96%	14.35%	14.14%
Long-Term Debt
Avg YoY	-8.39%	16.35%	13.81%	9.56%	85.45%	64.70%	2,280.27%
Slope	-8.76%	12.38%	14.47%	10.49%	8.26%	9.42%	9.73%
CAGR	-8.39%	12.00%	11.13%	7.43%	19.89%	10.92%	31.47%
LSR	-8.39%	14.77%	15.58%	10.03%	12.11%	15.19%	28.66%
Capital Lease Obligations
Avg YoY	4.15%	7.85%	29.62%	13.22%	92.32%	78.41%	78.41%
Slope	3.99%	7.44%	18.83%	16.67%	13.07%	12.96%	12.33%
CAGR	4.11%	7.77%	19.77%	12.73%	24.23%	—	—
LSR	4.11%	7.94%	26.24%	—	—	—	—
Deferred Tax Liabilities
Avg YoY	3.63%	16.10%	10.77%	8.62%	62.33%	53.48%	54.43%
Slope	3.31%	14.16%	11.83%	8.19%	8.58%	9.92%	10.09%
CAGR	3.44%	15.27%	9.77%	7.87%	20.35%	—	24.61%
LSR	3.44%	16.46%	12.25%	7.77%	13.24%	—	—
Other Non-Current Liabilities
Avg YoY	10.85%	4.38%	7.93%	5.94%	9.54%	4.07%	4.07%
Slope	9.90%	5.62%	4.13%	4.48%	2.66%	5.66%	7.27%
CAGR	10.65%	3.17%	5.30%	3.91%	5.93%	3.82%	—
LSR	10.65%	5.76%	4.13%	4.58%	3.00%	—	—
Total Non-Current Liabilities
Avg YoY	-0.27%	9.98%	18.23%	14.86%	72.01%	58.65%	115.39%
Slope	-0.29%	9.37%	16.68%	13.65%	10.76%	11.27%	11.10%
CAGR	-0.29%	9.33%	15.34%	10.15%	21.06%	15.46%	33.83%
LSR	-0.29%	10.37%	20.44%	14.58%	14.41%	18.34%	27.78%
Total Liabilities
Avg YoY	3.38%	10.08%	17.35%	13.89%	43.87%	35.23%	38.96%
Slope	3.22%	9.83%	16.11%	13.59%	11.20%	11.38%	11.08%
CAGR	3.31%	9.76%	15.68%	11.10%	19.02%	15.20%	19.87%
LSR	3.31%	10.74%	19.38%	14.68%	14.03%	16.60%	19.52%
Preferred Stock
Avg YoY	—	—	—	—	—	—	-23.72%
Slope	—	—	—	—	—	—	-17.34%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Common Stock
Avg YoY	1.62%	0.95%	0.33%	0.07%	4.18%	3.20%	8.30%
Slope	1.59%	0.99%	0.21%	0.01%	1.10%	2.28%	3.66%
CAGR	1.61%	0.94%	0.32%	0.07%	3.17%	2.39%	7.05%
LSR	1.61%	0.99%	0.21%	0.01%	1.42%	2.67%	5.11%
Retained Earnings
Avg YoY	47.76%	13.14%	12.87%	17.58%	-89.88%	-66.30%	-52.82%
Slope	34.45%	7.88%	5.87%	8.04%	9.90%	8.83%	8.59%
CAGR	45.43%	6.52%	9.46%	14.21%	8.32%	11.09%	10.87%
LSR	45.43%	7.24%	6.05%	9.87%	—	—	—
Accumulated OCI
Avg YoY	792.65%	360.00%	151.91%	104.28%	328.88%	255.19%	212.35%
Slope	125.43%	1,123.50%	43.95%	20.85%	14.47%	5.26%	12.63%
CAGR	745.25%	—	—	—	—	—	—
LSR	745.25%	—	—	—	—	—	—
Total Shareholders’ Equity
Avg YoY	43.45%	11.78%	11.60%	14.91%	17.87%	17.93%	18.65%
Slope	32.26%	7.45%	5.48%	7.37%	9.05%	8.15%	8.37%
CAGR	41.57%	6.22%	8.75%	12.32%	7.88%	9.83%	11.70%
LSR	41.57%	6.88%	5.61%	8.71%	12.90%	9.79%	11.08%
Total Equity
Avg YoY	43.45%	11.78%	11.60%	14.91%	17.87%	17.93%	18.65%
Slope	32.26%	7.45%	5.48%	7.37%	9.05%	8.15%	8.37%
CAGR	41.57%	6.22%	8.75%	12.32%	7.88%	9.83%	11.70%
LSR	41.57%	6.88%	5.61%	8.71%	12.90%	9.79%	11.08%
Total Liabilities & Equity
Avg YoY	6.75%	9.40%	15.43%	12.75%	24.38%	20.97%	24.06%
Slope	6.34%	9.55%	14.55%	12.62%	10.88%	10.87%	10.64%
CAGR	6.65%	9.26%	14.49%	11.25%	15.67%	14.01%	17.27%
LSR	6.65%	10.22%	17.06%	13.66%	12.72%	14.29%	16.81%
Tangible Assets
Avg YoY	5.83%	9.84%	26.85%	21.23%	16.82%	14.60%	17.26%
Slope	5.49%	9.89%	19.48%	17.43%	14.89%	12.81%	11.73%
CAGR	5.74%	9.65%	22.51%	18.23%	14.38%	12.58%	15.25%
LSR	5.74%	10.66%	26.81%	21.42%	16.64%	13.35%	13.61%
Tangible Equity
Avg YoY	-26.48%	3.00%	-0.28%	-1.12%	-30.09%	-20.04%	-12.77%
Slope	30.68%	1.33%	-1.32%	-0.07%	-2.22%	-8.09%	-9.53%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Tangible Book Value
Avg YoY	-26.48%	3.00%	-0.28%	-1.12%	-30.09%	-20.04%	-12.77%
Slope	30.68%	1.33%	-1.32%	-0.07%	-2.22%	-8.09%	-9.53%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Total Investments
Avg YoY	—	—	—	—	39.06%	0.33%	0.33%
Slope	—	—	—	—	-24.99%	-14.64%	-6.82%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Debt
Avg YoY	-8.80%	27.55%	14.00%	10.64%	271.14%	204.33%	80.26%
Slope	-9.37%	17.88%	14.27%	10.87%	8.53%	9.78%	9.95%
CAGR	-9.26%	21.64%	10.87%	8.11%	27.48%	11.69%	17.84%
LSR	-9.26%	24.12%	14.50%	10.26%	15.58%	—	—

Capital Structure

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Working Capital
Avg YoY	-10.58%	87.80%	46.77%	35.06%	27.54%	24.26%	23.50%
Slope	-12.46%	13.02%	3.30%	4.24%	4.76%	4.69%	5.20%
CAGR	-11.30%	5.17%	2.14%	5.17%	4.52%	5.16%	7.39%
LSR	-11.30%	20.31%	2.04%	3.67%	4.37%	4.54%	5.77%
Total Capital
Avg YoY	5.13%	8.89%	19.48%	14.64%	23.70%	19.89%	21.54%
Slope	4.81%	9.08%	16.15%	13.74%	12.10%	11.64%	11.13%
CAGR	5.01%	8.70%	16.65%	12.66%	16.58%	14.10%	16.32%
LSR	5.01%	9.73%	20.02%	15.07%	14.21%	14.87%	16.22%
Capital Employed
Avg YoY	3.77%	8.35%	16.99%	13.00%	23.21%	19.32%	22.25%
Slope	3.62%	8.44%	15.17%	12.77%	11.35%	11.20%	10.80%
CAGR	3.72%	8.16%	14.99%	11.60%	16.29%	13.55%	16.83%
LSR	3.72%	9.04%	18.39%	13.76%	13.42%	14.80%	16.22%
Invested Capital
Avg YoY	4.03%	9.82%	19.40%	14.95%	25.26%	21.14%	22.09%
Slope	3.74%	9.53%	16.11%	13.84%	12.19%	11.79%	11.23%
CAGR	3.88%	9.58%	16.40%	12.92%	17.00%	14.43%	16.20%
LSR	3.88%	10.39%	19.92%	15.24%	14.49%	15.45%	16.44%

Cash Flow

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Net Income
Avg YoY	-30.77%	-15.19%	6.19%	10.03%	62.79%	60.25%	51.29%
Slope	-35.74%	-15.44%	6.35%	9.57%	11.72%	11.11%	10.41%
CAGR	-30.79%	-16.69%	2.92%	7.66%	8.57%	14.19%	10.98%
LSR	-30.79%	-16.13%	7.11%	11.52%	—	—	—
Depreciation & Amortization
Avg YoY	17.46%	17.78%	15.68%	13.69%	11.54%	11.52%	16.01%
Slope	15.85%	16.31%	14.69%	12.62%	10.60%	9.77%	9.65%
CAGR	17.42%	17.76%	15.64%	13.62%	11.35%	11.36%	15.27%
LSR	17.42%	18.03%	16.06%	13.54%	10.82%	10.39%	12.66%
Deferred Income Tax
Avg YoY	-34.09%	73.24%	8.73%	-14.54%	276.50%	265.54%	273.30%
Slope	-62.46%	4.91%	36.12%	43.10%	27.80%	19.81%	14.79%
CAGR	-43.57%	24.04%	—	5.93%	14.50%	—	—
LSR	-43.57%	14.36%	—	—	—	—	—
Stock-Based Compensation
Avg YoY	-6.71%	1.08%	10.13%	16.34%	41.71%	41.71%	41.71%
Slope	-9.89%	-3.86%	10.00%	12.08%	10.90%	11.78%	11.51%
CAGR	-8.85%	-0.68%	8.27%	13.33%	—	—	—
LSR	-8.85%	-3.87%	11.49%	15.43%	—	—	—
Change in Working Capital
Avg YoY	177.93%	-31.95%	58.04%	32.31%	43.85%	20.21%	-4.63%
Slope	222.20%	11.49%	-17.19%	-13.92%	-18.36%	-14.99%	-11.06%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Accounts Receivable
Avg YoY	—	-100.00%	1,192.53%	769.38%	740.82%	585.98%	585.98%
Slope	—	-100.00%	4.12%	10.15%	5.50%	2.85%	5.31%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Inventory
Avg YoY	129.23%	10.42%	-11.16%	-13.73%	-2.92%	-44.57%	-76.60%
Slope	164.33%	31.16%	-5.82%	-8.64%	-11.08%	-10.39%	-8.77%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Accounts Payable
Avg YoY	419.60%	111.94%	130.37%	97.18%	179.55%	163.13%	163.13%
Slope	490.47%	-42.36%	-3.16%	5.94%	7.69%	9.37%	9.84%
CAGR	—	-17.57%	16.15%	10.10%	9.01%	—	—
LSR	—	—	—	—	—	—	—
Other Working Capital
Avg YoY	102.96%	-716.48%	-838.35%	4,598.22%	3,419.84%	2,544.64%	2,144.65%
Slope	162.15%	22.68%	-23.55%	-47.28%	-34.65%	-23.98%	-250.35%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Non-Cash Items
Avg YoY	17.03%	468.62%	267.68%	215.03%	469.69%	420.42%	384.89%
Slope	-60.70%	14.01%	30.64%	21.18%	15.10%	10.93%	10.90%
CAGR	-38.83%	108.67%	46.91%	24.41%	22.09%	2.02%	12.78%
LSR	-38.83%	68.04%	—	—	—	—	—
Net Cash from Operating Activities
Avg YoY	24.61%	-0.05%	16.24%	15.61%	13.79%	16.18%	53.70%
Slope	21.86%	-4.14%	9.41%	11.06%	11.25%	10.67%	10.34%
CAGR	24.61%	-3.19%	12.63%	13.23%	11.57%	13.55%	—
LSR	24.61%	-3.63%	11.13%	13.20%	13.92%	13.30%	—
Capital Expenditures (PPE)
Avg YoY	5.45%	-12.86%	-16.53%	-14.02%	-14.14%	-14.23%	-17.18%
Slope	6.87%	-11.76%	-15.85%	-13.30%	-12.38%	-11.14%	-10.30%
CAGR	-7.09%	9.70%	14.87%	11.99%	10.65%	9.68%	13.00%
LSR	-7.09%	13.58%	18.42%	14.16%	14.00%	12.49%	11.98%
Acquisitions (Net)
Avg YoY	-100.00%	-6.14%	75.78%	75.78%	78.47%	78.47%	78.47%
Slope	-150.00%	-40.27%	-7.74%	9.97%	22.76%	9.74%	3.43%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Purchases of Investments
Avg YoY	—	—	—	—	68.66%	61.18%	61.18%
Slope	—	—	—	—	26.63%	13.63%	6.12%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Sales / Maturities of Investments
Avg YoY	—	—	—	—	-27.59%	-28.35%	-28.35%
Slope	—	—	—	—	-25.64%	-13.24%	-5.85%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Investing Activities
Avg YoY	-10.38%	15.21%	76.16%	1,244.74%	868.17%	256.14%	1,331.50%
Slope	-15.45%	7.63%	7.10%	-15.74%	0.42%	0.48%	-0.11%
CAGR	-16.37%	7.30%	14.41%	10.12%	3.74%	-11.36%	—
LSR	-16.37%	9.07%	12.59%	6.23%	—	—	—
Net Cash from Investing Activities
Avg YoY	5.43%	-12.88%	-16.54%	-16.35%	-136.55%	-112.10%	-97.27%
Slope	6.84%	-11.78%	-15.89%	-13.95%	-2.28%	-5.44%	-6.71%
CAGR	-7.06%	9.71%	14.87%	12.00%	11.05%	12.44%	12.99%
LSR	-7.06%	13.59%	18.48%	15.42%	9.60%	11.31%	12.13%
Net Debt Issuance
Avg YoY	-71.11%	5,599.03%	2,689.38%	1,711.01%	2,311.87%	1,698.79%	1,428.33%
Slope	-154.48%	-32.29%	18.22%	31.64%	2.87%	7.89%	8.64%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Long-Term Debt Issuance
Avg YoY	-71.11%	5,599.08%	14,155.23%	9,081.92%	7,705.13%	5,967.41%	5,066.66%
Slope	-154.48%	-39.83%	23.17%	34.07%	4.22%	8.82%	9.17%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Short-Term Debt Issuance
Avg YoY	—	100.00%	-135.63%	-135.63%	-129.69%	-125.45%	-86.10%
Slope	—	100.00%	-381.34%	-181.93%	-221.91%	-127.01%	-218.73%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Stock Issuance
Avg YoY	100.00%	26.02%	-9.44%	-37.26%	2,260.69%	1,808.09%	1,441.29%
Slope	150.00%	46.53%	-1.44%	-9.69%	-19.08%	-16.39%	-14.37%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Common Stock Issuance
Avg YoY	—	—	—	-85.99%	1,957.39%	1,957.39%	981.14%
Slope	—	—	—	-36.33%	-21.74%	-9.09%	-3.44%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Common Stock Repurchased
Avg YoY	100.00%	26.02%	-9.44%	-131.20%	-111.04%	-111.88%	-94.81%
Slope	150.00%	46.53%	-1.44%	-9.65%	-12.13%	-12.12%	-11.40%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Dividends Paid
Avg YoY	-4.05%	-14.03%	-11.94%	-11.94%	11.68%	6.63%	-0.73%
Slope	-3.85%	-12.84%	-11.99%	-18.69%	-15.33%	-13.28%	-12.01%
CAGR	3.98%	13.46%	11.65%	—	14.77%	12.96%	15.30%
LSR	3.98%	14.55%	12.81%	—	—	—	—
Common Dividends Paid
Avg YoY	-4.05%	-14.03%	-11.94%	-11.94%	11.68%	6.63%	-0.72%
Slope	-3.85%	-12.84%	-11.99%	-18.69%	-15.33%	-13.28%	-12.01%
CAGR	3.98%	13.46%	11.65%	—	14.77%	12.96%	15.30%
LSR	3.98%	14.55%	12.81%	—	—	—	—
Other Financing Activities
Avg YoY	-52.96%	323.56%	97.30%	-60.18%	-45.27%	260.75%	222.18%
Slope	-2,537.40%	-1,375.16%	-3,359.58%	-14,540.17%	-452.19%	-47.86%	-23.74%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Cash from Financing Activities
Avg YoY	-90.41%	-42.59%	-24.99%	-64.59%	205.35%	86.01%	70.46%
Slope	-61.73%	19.85%	-1.78%	-8.30%	-26.35%	-19.71%	-16.64%
CAGR	84.18%	-3.76%	3.30%	21.66%	9.83%	—	—
LSR	84.18%	-17.22%	-0.96%	11.37%	—	—	—
Net Change in Cash
Avg YoY	244.87%	99.29%	2,757.03%	1,884.40%	1,523.52%	1,205.13%	1,103.63%
Slope	91.91%	-7.25%	86.75%	22.36%	8.40%	5.50%	6.87%
CAGR	232.62%	-20.70%	—	5.96%	—	7.42%	—
LSR	232.62%	—	—	—	—	—	—
Cash at Beginning of Period
Avg YoY	27.30%	122.04%	53.53%	60.44%	52.96%	56.97%	58.54%
Slope	24.16%	-4.56%	10.75%	9.17%	8.01%	7.14%	8.11%
CAGR	26.59%	26.26%	2.45%	9.99%	6.69%	11.91%	11.89%
LSR	26.59%	6.73%	12.33%	9.43%	7.38%	6.94%	13.89%
Cash at End of Period
Avg YoY	59.19%	15.06%	68.71%	55.68%	50.82%	47.73%	61.27%
Slope	45.75%	-5.06%	17.44%	10.66%	8.06%	6.91%	7.93%
CAGR	58.55%	-6.33%	25.85%	8.00%	10.70%	9.44%	22.31%
LSR	58.55%	-0.10%	22.68%	11.39%	7.10%	5.91%	13.79%
Operating Cash Flow
Avg YoY	24.61%	-0.05%	16.24%	15.61%	13.79%	16.18%	53.70%
Slope	21.86%	-4.14%	9.41%	11.06%	11.25%	10.67%	10.34%
CAGR	24.61%	-3.19%	12.63%	13.23%	11.57%	13.55%	—
LSR	24.61%	-3.63%	11.13%	13.20%	13.92%	13.30%	—
Capital Expenditure
Avg YoY	5.45%	-12.86%	-16.53%	-14.02%	-14.14%	-14.23%	-17.18%
Slope	6.87%	-11.76%	-15.85%	-13.30%	-12.38%	-11.14%	-10.30%
CAGR	-7.09%	9.70%	14.87%	11.99%	10.65%	9.68%	13.00%
LSR	-7.09%	13.58%	18.42%	14.16%	14.00%	12.49%	11.98%
Free Cash Flow
Avg YoY	105.78%	25.75%	30.69%	27.48%	24.82%	573.83%	484.77%
Slope	68.49%	-18.81%	4.46%	9.34%	10.39%	10.31%	10.38%
CAGR	102.25%	-9.43%	11.16%	14.35%	12.40%	—	—
LSR	102.25%	-15.44%	3.17%	10.79%	12.99%	—	—

Free Cash Flow

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
EBITDA
Avg YoY	-17.44%	-6.58%	6.77%	8.60%	11.71%	11.87%	13.51%
Slope	-18.96%	-6.39%	7.62%	8.78%	10.03%	9.73%	9.47%
CAGR	-17.45%	-7.27%	5.15%	7.50%	9.20%	9.85%	11.69%
LSR	-17.45%	-6.68%	8.50%	9.85%	13.11%	12.26%	12.61%
(-) Tax Adjustment
Avg YoY	-18.62%	-6.53%	3.35%	6.40%	0.47%	3.09%	6.35%
Slope	-20.53%	-6.54%	3.84%	4.62%	7.49%	7.73%	7.93%
CAGR	-18.62%	-7.45%	-0.21%	3.94%	6.52%	7.72%	9.89%
LSR	-18.62%	-6.84%	4.13%	4.82%	—	—	—
Change In Working Capital
Avg YoY	177.93%	-31.95%	58.04%	32.31%	43.85%	20.21%	-4.63%
Slope	222.20%	11.49%	-17.19%	-13.92%	-18.36%	-14.99%	-11.06%
CAGR	—	5.27%	—	—	32.95%	—	—
LSR	—	—	—	—	—	—	—
Capital Expenditure
Avg YoY	5.45%	-12.86%	-16.53%	-14.02%	-14.14%	-14.23%	-17.18%
Slope	6.87%	-11.76%	-15.85%	-13.30%	-12.38%	-11.14%	-10.30%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Unlevered Free Cash Flow
Avg YoY	-73.66%	-9.63%	2.03%	6.40%	114.27%	97.00%	88.11%
Slope	-99.63%	-20.75%	5.45%	8.80%	10.93%	10.58%	10.00%
CAGR	-75.15%	-38.09%	-14.42%	-5.22%	2.51%	3.87%	2.02%
LSR	-75.15%	-36.16%	-1.16%	6.69%	17.75%	14.55%	13.16%
Net Interest After Taxes
Avg YoY	-22.29%	-23.62%	-22.19%	-8.42%	-75.71%	-56.50%	-58.36%
Slope	-13.14%	-21.43%	-19.57%	-10.25%	-4.52%	-6.63%	-7.76%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Debt Issuance
Avg YoY	-71.11%	5,599.03%	2,689.38%	1,711.01%	2,311.87%	1,698.79%	1,428.33%
Slope	-154.48%	-32.29%	18.22%	31.64%	2.87%	7.89%	8.64%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Levered Free Cash Flow
Avg YoY	-76.11%	-12.76%	6.44%	48.95%	2,568.63%	2,034.77%	1,761.64%
Slope	-105.12%	-20.64%	8.52%	11.77%	8.82%	9.76%	9.57%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—