Reliance Steel & Aluminum Co. (RS)

Analysis: Growth Rates Industry: Steel Sector: Basic Materials Live Price: $324.03

Enterprise Value

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Stock Price
Avg YoY	17.21%	23.67%	21.24%	15.10%	18.40%	19.53%	20.40%
Slope	13.34%	20.15%	17.42%	13.04%	11.23%	10.88%	10.32%
CAGR	15.33%	22.45%	18.62%	12.60%	12.13%	13.69%	15.08%
LSR	15.33%	24.18%	19.50%	13.08%	11.51%	12.92%	13.15%
Market Capitalization
Avg YoY	17.60%	23.83%	21.23%	15.04%	18.39%	19.51%	20.35%
Slope	13.64%	20.32%	17.42%	13.00%	11.19%	10.85%	10.30%
CAGR	15.70%	22.62%	18.63%	12.56%	12.11%	13.66%	15.05%
LSR	15.70%	24.38%	19.47%	13.01%	11.45%	12.86%	13.11%
(-) Cash & Equivalents
Avg YoY	-36.59%	44.97%	62.52%	43.16%	36.93%	59.86%	182.22%
Slope	-46.79%	3.44%	22.94%	19.60%	16.60%	15.16%	13.31%
CAGR	-45.56%	-14.28%	16.85%	13.35%	13.28%	21.12%	9.71%
LSR	-45.56%	1.34%	31.11%	22.04%	17.51%	21.98%	18.37%
(+) Total Debt
Avg YoY	-7.51%	-2.03%	0.46%	7.18%	15.57%	11.39%	22.89%
Slope	-9.74%	-4.39%	-0.13%	2.91%	4.22%	5.64%	6.43%
CAGR	-8.83%	-2.89%	-0.23%	5.06%	8.46%	5.05%	13.09%
LSR	-8.83%	-4.43%	-0.19%	3.65%	5.55%	7.41%	9.73%
Enterprise Value
Avg YoY	17.70%	21.31%	16.34%	12.90%	13.86%	14.11%	17.89%
Slope	14.61%	18.15%	14.28%	10.90%	9.64%	9.66%	9.41%
CAGR	16.62%	20.49%	14.96%	11.47%	11.65%	11.72%	15.05%
LSR	16.62%	21.13%	15.25%	11.00%	9.93%	11.44%	12.29%

Income Statement

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Revenue
Avg YoY	-9.80%	15.29%	6.69%	7.49%	10.61%	11.73%	14.20%
Slope	-10.48%	7.84%	6.42%	5.19%	5.31%	6.87%	7.52%
CAGR	-9.85%	11.94%	4.45%	5.76%	7.72%	9.06%	11.68%
LSR	-9.85%	9.98%	6.57%	5.27%	5.82%	9.28%	11.28%
Cost of Revenue
Avg YoY	-8.70%	15.68%	6.30%	7.12%	10.61%	11.83%	14.07%
Slope	-9.30%	8.45%	5.93%	4.51%	4.85%	6.61%	7.33%
CAGR	-8.78%	12.57%	4.00%	5.30%	7.58%	9.02%	11.44%
LSR	-8.78%	10.66%	6.02%	4.54%	5.38%	9.12%	11.11%
Gross Profit
Avg YoY	-12.47%	14.36%	7.95%	8.73%	10.71%	11.54%	14.72%
Slope	-13.38%	6.36%	7.66%	7.04%	6.59%	7.62%	8.06%
CAGR	-12.49%	10.37%	5.71%	7.12%	8.12%	9.15%	12.41%
LSR	-12.49%	8.32%	8.05%	7.38%	7.09%	9.72%	11.76%
Gross Margin
Avg YoY	-2.91%	-1.36%	1.33%	1.41%	0.48%	0.17%	0.76%
Slope	-2.95%	-1.50%	1.35%	1.95%	1.21%	0.42%	0.44%
CAGR	-2.92%	-1.40%	1.21%	1.29%	0.37%	0.08%	0.65%
LSR	-2.92%	-1.51%	1.39%	2.00%	1.20%	0.41%	0.43%
SG&A Expenses
Avg YoY	3.14%	9.66%	5.23%	6.82%	10.13%	10.09%	13.42%
Slope	3.09%	7.80%	4.78%	5.25%	6.03%	7.16%	7.74%
CAGR	3.13%	9.34%	4.86%	6.49%	9.11%	9.25%	12.41%
LSR	3.13%	8.54%	4.85%	5.63%	7.01%	9.33%	11.51%
Operating Expenses
Avg YoY	3.14%	9.66%	5.23%	6.82%	10.13%	9.68%	13.21%
Slope	3.09%	7.80%	4.78%	5.25%	6.03%	7.07%	7.63%
CAGR	3.13%	9.34%	4.86%	6.49%	9.11%	8.86%	12.20%
LSR	3.13%	8.54%	4.85%	5.63%	7.01%	9.03%	11.14%
Operating Income (EBIT)
Avg YoY	-31.53%	33.83%	18.82%	16.72%	16.49%	24.40%	25.27%
Slope	-36.85%	4.26%	12.88%	10.52%	7.65%	8.69%	8.91%
CAGR	-31.53%	12.90%	7.94%	8.81%	6.37%	9.87%	12.93%
LSR	-31.53%	8.92%	14.50%	10.68%	7.29%	11.67%	13.21%
Operating Margin
Avg YoY	-23.96%	6.79%	6.30%	5.16%	1.70%	5.80%	5.34%
Slope	-26.73%	-1.35%	7.05%	5.31%	1.48%	2.05%	1.80%
CAGR	-24.05%	0.86%	3.34%	2.88%	-1.25%	0.74%	1.11%
LSR	-24.05%	-0.96%	7.44%	5.14%	1.39%	2.19%	1.73%
Interest Income
Avg YoY	118.65%	118.65%	34.33%	7.15%	6.15%	6.15%	6.15%
Slope	26.23%	58.74%	41.77%	-2.18%	-1.91%	3.59%	5.83%
CAGR	49.19%	—	40.03%	-2.27%	—	—	—
LSR	49.19%	—	—	—	—	—	—
Interest Expense
Avg YoY	-17.57%	-22.24%	-9.69%	-3.06%	8.26%	7.24%	7.24%
Slope	-23.13%	-36.02%	-10.76%	-2.40%	1.28%	5.34%	7.05%
CAGR	-19.57%	-27.05%	-13.04%	-5.84%	2.50%	—	—
LSR	-19.57%	-31.82%	-13.92%	-4.45%	1.14%	—	—
Net Interest Income
Avg YoY	104.62%	37.29%	16.85%	17.72%	21.53%	19.85%	19.85%
Slope	64.65%	52.81%	13.94%	2.42%	-1.63%	-5.54%	-7.18%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Income / Expense
Avg YoY	651.41%	304.77%	141.37%	97.17%	78.68%	69.52%	76.53%
Slope	59.50%	55.20%	12.86%	1.75%	-1.71%	-4.92%	-6.69%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Unusual Items
Avg YoY	651.41%	304.77%	141.37%	97.17%	78.68%	69.52%	76.53%
Slope	-59.50%	-55.20%	-12.86%	-1.75%	1.71%	4.92%	6.69%
CAGR	-34.89%	-38.49%	-16.23%	-5.86%	0.00%	4.27%	—
LSR	-34.89%	-54.92%	-25.12%	-9.02%	-2.23%	5.40%	—
EBT excl. Unusual
Avg YoY	-31.02%	428.78%	205.25%	138.35%	107.63%	106.88%	91.00%
Slope	-35.59%	14.98%	21.71%	15.49%	10.14%	10.40%	9.92%
CAGR	-31.33%	86.05%	21.68%	14.29%	7.43%	11.35%	11.81%
LSR	-31.33%	65.03%	30.65%	14.52%	7.63%	12.23%	11.59%
Pre-Tax Income
Avg YoY	-31.45%	64.99%	32.88%	26.02%	23.39%	33.82%	31.79%
Slope	-36.45%	7.70%	15.09%	11.69%	8.25%	9.16%	9.20%
CAGR	-31.52%	24.26%	10.64%	10.10%	6.69%	10.55%	12.38%
LSR	-31.52%	18.04%	17.67%	11.66%	7.54%	12.37%	13.07%
Pre-Tax Margin
Avg YoY	-23.78%	26.37%	14.37%	10.32%	5.41%	11.12%	8.82%
Slope	-26.42%	3.79%	9.56%	6.41%	1.87%	2.61%	1.76%
CAGR	-24.03%	11.00%	5.93%	4.10%	-0.95%	1.37%	0.63%
LSR	-24.03%	7.33%	10.41%	6.06%	1.62%	2.83%	1.61%
Income Tax Expense
Avg YoY	-33.14%	74.94%	-61.55%	-35.32%	-19.32%	-0.46%	3.22%
Slope	-38.96%	6.79%	16.65%	9.53%	5.01%	6.79%	7.35%
CAGR	-33.16%	25.43%	7.00%	7.23%	3.85%	8.11%	10.14%
LSR	-33.16%	18.08%	—	—	—	—	—
Net Income
Avg YoY	-30.94%	62.79%	35.23%	27.88%	24.12%	34.68%	32.65%
Slope	-35.73%	8.02%	14.75%	12.48%	9.43%	10.04%	9.89%
CAGR	-31.03%	24.09%	12.16%	11.35%	7.93%	11.64%	13.42%
LSR	-31.03%	18.18%	17.71%	13.12%	8.97%	13.79%	14.38%
Net Margin
Avg YoY	-23.20%	25.19%	17.15%	12.38%	6.58%	12.24%	9.88%
Slope	-25.70%	4.05%	9.19%	7.46%	3.41%	3.90%	2.98%
CAGR	-23.50%	10.86%	7.39%	5.28%	0.20%	2.37%	1.55%
LSR	-23.50%	7.46%	10.46%	7.46%	2.97%	4.13%	2.79%
Depreciation & Amortization
Avg YoY	5.83%	4.32%	2.37%	6.13%	10.16%	10.46%	15.81%
Slope	5.67%	4.04%	2.04%	4.02%	6.23%	7.51%	8.09%
CAGR	5.77%	4.27%	2.32%	5.89%	9.66%	9.87%	14.57%
LSR	5.77%	4.07%	2.01%	4.55%	8.04%	10.54%	12.99%
EBITDA
Avg YoY	-27.50%	25.13%	13.86%	13.36%	13.63%	19.08%	21.17%
Slope	-31.66%	4.23%	11.12%	9.39%	7.41%	8.49%	8.77%
CAGR	-27.50%	11.02%	6.64%	8.17%	6.85%	9.87%	13.18%
LSR	-27.50%	7.69%	12.10%	9.61%	7.33%	11.40%	13.18%
EBITDA Margin
Avg YoY	-19.54%	2.18%	3.58%	3.40%	0.55%	3.14%	3.38%
Slope	-21.39%	-2.10%	5.05%	4.20%	1.53%	1.88%	1.74%
CAGR	-19.58%	-0.82%	2.10%	2.27%	-0.80%	0.74%	1.34%
LSR	-19.58%	-2.09%	5.19%	4.12%	1.42%	1.94%	1.71%
NOPAT
Avg YoY	-31.53%	33.83%	18.82%	16.72%	16.49%	24.40%	25.27%
Slope	-36.85%	4.26%	12.88%	10.52%	7.65%	8.69%	8.91%
CAGR	-31.53%	12.90%	7.94%	8.81%	6.37%	9.87%	12.93%
LSR	-31.53%	8.92%	14.50%	10.68%	7.29%	11.67%	13.21%
NOPAT Margin
Avg YoY	-23.96%	6.79%	6.30%	5.16%	1.70%	5.80%	5.34%
Slope	-26.73%	-1.35%	7.05%	5.31%	1.48%	2.05%	1.80%
CAGR	-24.05%	0.86%	3.34%	2.88%	-1.25%	0.74%	1.11%
LSR	-24.05%	-0.96%	7.44%	5.14%	1.39%	2.19%	1.73%
Owner's Earnings
Avg YoY	-35.95%	45.78%	25.80%	21.59%	18.03%	24.99%	-5.67%
Slope	-43.14%	2.63%	11.90%	11.35%	9.05%	9.67%	10.40%
CAGR	-35.95%	13.86%	7.97%	9.37%	6.97%	10.86%	13.12%
LSR	-35.95%	8.37%	13.36%	12.10%	8.82%	12.95%	—
Owner's Earnings Margin
Avg YoY	-28.90%	12.94%	10.66%	8.25%	3.19%	6.85%	-18.24%
Slope	-33.14%	-2.37%	6.02%	6.43%	3.23%	3.37%	7.38%
CAGR	-28.94%	1.72%	3.37%	3.41%	-0.69%	1.66%	1.28%
LSR	-28.94%	-1.47%	6.37%	6.49%	2.83%	3.36%	—
EPS (Basic)
Avg YoY	-28.04%	67.35%	38.66%	30.02%	24.73%	34.21%	31.59%
Slope	-31.93%	10.55%	17.28%	14.51%	10.90%	10.89%	10.35%
CAGR	-28.12%	28.61%	15.78%	13.65%	8.88%	11.53%	12.74%
LSR	-28.12%	22.60%	21.64%	15.63%	10.23%	13.80%	13.41%
EPS (Diluted)
Avg YoY	-27.81%	67.25%	38.59%	29.93%	24.65%	34.05%	31.44%
Slope	-31.63%	10.70%	17.28%	14.47%	10.86%	10.85%	10.32%
CAGR	-27.89%	28.79%	15.79%	13.60%	8.86%	11.50%	12.70%
LSR	-27.89%	22.80%	21.61%	15.56%	10.17%	13.74%	13.37%
Shares (Basic)
Avg YoY	-4.06%	-3.51%	-3.10%	-1.99%	-0.80%	0.19%	0.74%
Slope	-4.13%	-3.65%	-3.24%	-2.12%	-1.09%	-0.01%	0.77%
CAGR	-4.06%	-3.52%	-3.12%	-2.02%	-0.87%	0.10%	0.60%
LSR	-4.06%	-3.60%	-3.22%	-2.17%	-1.15%	-0.01%	0.86%
Shares (Diluted)
Avg YoY	-4.36%	-3.64%	-3.11%	-1.95%	-0.78%	0.22%	0.77%
Slope	-4.45%	-3.81%	-3.21%	-2.06%	-1.04%	0.03%	0.80%
CAGR	-4.36%	-3.65%	-3.13%	-1.98%	-0.85%	0.13%	0.64%
LSR	-4.36%	-3.76%	-3.20%	-2.11%	-1.09%	0.04%	0.89%

Product Segments

Metric / Stat	3Y	5Y	10Y	15Y	20Y
Aluminum
Avg YoY	-2.86%	13.29%	6.44%	6.44%	6.44%
Slope	-2.92%	10.80%	6.92%	6.92%	6.92%
CAGR	-2.87%	12.07%	4.95%	4.95%	4.95%
LSR	-2.87%	12.51%	7.13%	7.13%	7.13%
Carbon steel
Avg YoY	-6.44%	1.15%	1.15%	1.15%	1.15%
Slope	-6.90%	-0.81%	-0.81%	-0.81%	-0.81%
CAGR	-6.57%	0.51%	0.51%	0.51%	0.51%
LSR	-6.57%	-0.74%	-0.74%	-0.74%	-0.74%
Other and eliminations
Avg YoY	-1.82%	-1.82%	-1.82%	-1.82%	-1.82%
Slope	-2.20%	-2.20%	-2.20%	-2.20%	-2.20%
CAGR	-2.12%	-2.12%	-2.12%	-2.12%	-2.12%
LSR	-2.12%	-2.12%	-2.12%	-2.12%	-2.12%
Stainless steel
Avg YoY	-11.24%	3.43%	3.43%	3.43%	3.43%
Slope	-12.19%	-0.65%	-0.65%	-0.65%	-0.65%
CAGR	-11.34%	1.44%	1.44%	1.44%	1.44%
LSR	-11.34%	-0.39%	-0.39%	-0.39%	-0.39%
Alloy Steel
Avg YoY	-14.07%	-14.07%	-14.07%	-14.07%	-14.07%
Slope	-15.81%	-15.81%	-15.81%	-15.81%	-15.81%
CAGR	-15.63%	-15.63%	-15.63%	-15.63%	-15.63%
LSR	-15.63%	-15.63%	-15.63%	-15.63%	-15.63%
Carbon Steel
Avg YoY	-9.10%	-9.10%	-9.10%	-9.10%	-9.10%
Slope	-9.59%	-9.59%	-9.59%	-9.59%	-9.59%
CAGR	-9.41%	-9.41%	-9.41%	-9.41%	-9.41%
LSR	-9.41%	-9.41%	-9.41%	-9.41%	-9.41%
Other Products Or Services
Avg YoY	-6.76%	-6.76%	-6.76%	-6.76%	-6.76%
Slope	-10.53%	-10.53%	-10.53%	-10.53%	-10.53%
CAGR	-11.17%	-11.17%	-11.17%	-11.17%	-11.17%
LSR	-11.17%	-11.17%	-11.17%	-11.17%	-11.17%
Stainless Steel
Avg YoY	-1.22%	-1.22%	-1.22%	-1.22%	-1.22%
Slope	-1.30%	-1.30%	-1.30%	-1.30%	-1.30%
CAGR	-1.31%	-1.31%	-1.31%	-1.31%	-1.31%
LSR	-1.31%	-1.31%	-1.31%	-1.31%	-1.31%
Toll Processing
Avg YoY	2.63%	2.63%	2.63%	2.63%	2.63%
Slope	1.68%	1.68%	1.68%	1.68%	1.68%
CAGR	1.77%	1.77%	1.77%	1.77%	1.77%
LSR	1.77%	1.77%	1.77%	1.77%	1.77%

Geographic Segments

Metric / Stat	3Y	5Y	10Y	15Y	20Y
Foreign Countries
Avg YoY	26.59%	26.84%	26.84%	26.84%	26.84%
Slope	19.95%	24.14%	24.14%	24.14%	24.14%
CAGR	24.07%	25.44%	25.44%	25.44%	25.44%
LSR	24.07%	28.84%	28.84%	28.84%	28.84%
United States
Avg YoY	7.45%	7.45%	7.45%	7.45%	7.45%
Slope	5.51%	5.51%	5.51%	5.51%	5.51%
CAGR	6.01%	6.01%	6.01%	6.01%	6.01%
LSR	6.01%	6.01%	6.01%	6.01%	6.01%
Non Us
Avg YoY	-10.38%	-0.05%	0.82%	0.82%	0.82%
Slope	-11.59%	-0.05%	2.05%	2.05%	2.05%
CAGR	-11.58%	-1.33%	-0.23%	-0.23%	-0.23%
LSR	-11.58%	-0.26%	1.97%	1.97%	1.97%
U
Avg YoY	-7.22%	4.86%	0.88%	0.88%	0.88%
Slope	-7.66%	4.93%	3.06%	3.06%	3.06%
CAGR	-7.61%	3.89%	0.09%	0.09%	0.09%
LSR	-7.61%	5.32%	3.05%	3.05%	3.05%
UNITED STATES
Avg YoY	4.79%	4.79%	4.79%	4.79%	4.79%
Slope	4.68%	4.68%	4.68%	4.68%	4.68%
CAGR	4.75%	4.75%	4.75%	4.75%	4.75%
LSR	4.75%	4.75%	4.75%	4.75%	4.75%
Segment, Geographical, Groups of Countries, Group One
Avg YoY	18.20%	18.20%	18.20%	18.20%	18.20%
Slope	16.68%	16.68%	16.68%	16.68%	16.68%
CAGR	18.20%	18.20%	18.20%	18.20%	18.20%
LSR	—	—	—	—	—

Balance Sheet

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Cash & Cash Equivalents
Avg YoY	-36.59%	44.97%	62.52%	43.16%	36.93%	59.86%	182.22%
Slope	-46.79%	3.44%	22.94%	19.60%	16.60%	15.16%	13.31%
CAGR	-45.56%	-14.28%	16.85%	13.35%	13.28%	21.12%	9.71%
LSR	-45.56%	1.34%	31.11%	22.04%	17.51%	21.98%	18.37%
Cash & Short-Term Investments
Avg YoY	-36.59%	44.97%	62.52%	43.16%	36.93%	59.86%	182.22%
Slope	-46.79%	3.44%	22.94%	19.60%	16.60%	15.16%	13.31%
CAGR	-45.56%	-14.28%	16.85%	13.35%	13.28%	21.12%	9.71%
LSR	-45.56%	1.34%	31.11%	22.04%	17.51%	21.98%	18.37%
Net Receivables
Avg YoY	-2.18%	19.79%	10.39%	8.98%	10.99%	11.06%	12.67%
Slope	-2.20%	8.90%	8.79%	6.93%	6.43%	7.32%	7.56%
CAGR	-2.18%	15.06%	7.76%	6.94%	8.19%	8.48%	10.25%
LSR	-2.18%	11.61%	9.27%	6.98%	6.70%	8.93%	9.87%
Inventory
Avg YoY	5.39%	14.84%	8.22%	9.59%	13.77%	11.71%	14.61%
Slope	5.22%	9.89%	6.98%	6.34%	6.51%	7.36%	7.59%
CAGR	5.38%	13.43%	7.26%	8.47%	10.04%	8.60%	11.49%
LSR	5.38%	11.45%	7.18%	6.76%	7.43%	9.16%	10.04%
Other Current Assets
Avg YoY	18.65%	18.65%	18.65%	-4.96%	-36.29%	-20.16%	-8.42%
Slope	16.43%	55.48%	43.75%	20.42%	12.80%	8.53%	6.67%
CAGR	18.39%	—	—	—	8.66%	7.81%	9.89%
LSR	18.39%	—	—	—	—	—	—
Total Current Assets
Avg YoY	-6.30%	12.28%	9.36%	9.43%	12.10%	11.18%	12.93%
Slope	-6.67%	9.37%	10.12%	8.15%	7.54%	8.08%	8.08%
CAGR	-6.64%	10.49%	8.48%	8.44%	9.42%	8.87%	10.77%
LSR	-6.64%	11.06%	10.73%	8.40%	8.06%	9.71%	10.26%
Property, Plant & Equipment
Avg YoY	18.63%	13.30%	9.95%	9.97%	11.20%	11.33%	14.56%
Slope	17.03%	12.89%	9.38%	8.15%	7.98%	8.20%	8.24%
CAGR	18.63%	13.15%	9.68%	9.67%	10.72%	10.57%	13.09%
LSR	18.63%	13.42%	9.51%	8.46%	8.73%	9.72%	10.67%
Goodwill
Avg YoY	5.95%	6.73%	5.95%	7.19%	7.61%	7.61%	7.61%
Slope	5.79%	6.02%	5.69%	6.08%	7.27%	9.46%	9.90%
CAGR	5.94%	6.70%	5.86%	7.00%	—	—	—
LSR	5.94%	6.25%	5.86%	6.52%	—	—	—
Intangible Assets
Avg YoY	3.99%	5.60%	2.14%	4.50%	7.29%	7.14%	12.12%
Slope	3.89%	4.04%	1.71%	2.47%	4.64%	5.56%	6.56%
CAGR	3.92%	5.40%	1.97%	4.14%	6.10%	6.17%	—
LSR	3.92%	4.21%	1.68%	2.68%	5.76%	6.85%	—
Long-Term Investments
Avg YoY	—	—	—	-38.13%	-28.98%	-28.98%	-28.98%
Slope	—	—	—	-29.05%	-12.31%	-3.06%	1.21%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Non-Current Assets
Avg YoY	8.81%	8.44%	9.75%	16.69%	12.66%	15.09%	13.02%
Slope	8.31%	7.74%	10.13%	11.66%	6.21%	6.51%	5.09%
CAGR	8.77%	8.35%	9.35%	9.73%	5.61%	6.64%	5.06%
LSR	8.77%	8.13%	10.73%	13.57%	5.90%	6.77%	4.74%
Total Non-Current Assets
Avg YoY	10.94%	9.25%	6.77%	7.67%	12.78%	12.06%	16.68%
Slope	10.40%	8.58%	6.44%	6.17%	6.92%	7.99%	8.35%
CAGR	10.93%	9.23%	6.66%	7.47%	11.43%	10.81%	14.78%
LSR	10.93%	8.90%	6.51%	6.48%	8.21%	10.82%	12.62%
Total Assets
Avg YoY	3.03%	9.96%	7.47%	8.08%	12.05%	11.21%	14.10%
Slope	2.92%	8.92%	7.93%	6.96%	7.17%	8.03%	8.24%
CAGR	2.99%	9.71%	7.33%	7.83%	10.56%	9.95%	12.70%
LSR	2.99%	9.79%	8.20%	7.27%	8.13%	10.34%	11.51%
Accounts Payable
Avg YoY	-1.89%	17.21%	10.24%	7.28%	7.76%	9.43%	9.81%
Slope	-2.03%	7.74%	7.57%	5.36%	3.85%	5.18%	5.29%
CAGR	-2.05%	12.81%	7.71%	4.91%	4.38%	6.21%	6.63%
LSR	-2.05%	9.96%	7.96%	5.22%	3.72%	6.09%	6.13%
Short-Term Debt
Avg YoY	69,796.25%	37,527.28%	16,658.30%	10,783.89%	7,955.04%	6,576.58%	5,441.12%
Slope	-11.30%	44.89%	6.33%	10.51%	8.99%	9.37%	9.74%
CAGR	-7.27%	196.51%	0.68%	13.84%	12.51%	38.74%	17.77%
LSR	-7.27%	81.63%	-20.34%	-5.90%	-3.25%	5.77%	15.21%
Tax Payables
Avg YoY	—	-100.00%	-100.00%	-100.00%	-100.00%	-100.00%	-100.00%
Slope	—	-50.00%	13.44%	6.50%	11.17%	11.95%	11.63%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Deferred Revenue
Avg YoY	—	—	—	—	1,229.32%	1,229.32%	1,229.32%
Slope	—	—	—	—	-19.50%	-7.66%	-1.98%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Current Liabilities
Avg YoY	-5.69%	13.48%	11.83%	83.24%	588.74%	476.67%	396.23%
Slope	-5.90%	2.52%	9.66%	10.11%	12.58%	10.95%	8.97%
CAGR	-5.70%	8.11%	9.10%	26.55%	44.38%	4.84%	8.21%
LSR	-5.70%	4.00%	10.86%	15.40%	—	—	—
Total Current Liabilities
Avg YoY	8.41%	39.43%	12.48%	16.60%	14.74%	13.81%	13.93%
Slope	-6.01%	14.21%	7.88%	7.72%	6.78%	7.29%	7.00%
CAGR	-5.06%	26.68%	4.38%	9.83%	8.50%	8.08%	8.95%
LSR	-5.06%	18.64%	7.37%	7.59%	6.64%	8.21%	7.84%
Long-Term Debt
Avg YoY	-13.66%	-13.27%	-1.70%	5.37%	16.33%	11.33%	23.75%
Slope	-15.63%	-14.74%	-3.64%	0.64%	2.81%	4.62%	5.65%
CAGR	-15.57%	-14.84%	-4.00%	1.00%	5.77%	2.26%	10.95%
LSR	-15.57%	-14.46%	-4.10%	0.94%	3.96%	6.13%	8.69%
Capital Lease Obligations
Avg YoY	17.76%	11.97%	10.69%	10.69%	-8.93%	-8.93%	-8.93%
Slope	16.42%	10.69%	27.62%	25.60%	21.24%	18.39%	16.10%
CAGR	17.65%	11.74%	—	—	23.92%	—	—
LSR	17.65%	10.91%	—	—	—	—	—
Deferred Tax Liabilities
Avg YoY	11.08%	8.24%	2.38%	5.87%	16.90%	16.43%	15.47%
Slope	10.55%	7.44%	1.79%	1.86%	5.02%	7.39%	8.17%
CAGR	11.04%	8.17%	1.48%	4.73%	12.65%	12.85%	—
LSR	11.04%	7.61%	1.81%	2.07%	7.31%	13.22%	—
Other Non-Current Liabilities
Avg YoY	9.18%	-4.16%	-0.38%	1.76%	14.97%	14.97%	9.22%
Slope	8.03%	-4.24%	-0.58%	-0.55%	2.81%	6.60%	7.92%
CAGR	8.66%	-5.64%	-2.04%	0.56%	10.16%	—	—
LSR	8.66%	-3.59%	-0.47%	-0.58%	4.54%	—	—
Total Non-Current Liabilities
Avg YoY	-2.68%	-5.31%	0.76%	5.79%	16.53%	12.12%	25.84%
Slope	-3.10%	-6.11%	-0.23%	2.02%	4.04%	5.82%	6.65%
CAGR	-3.15%	-5.86%	-0.03%	3.56%	8.81%	5.40%	14.02%
LSR	-3.15%	-5.96%	-0.24%	2.54%	5.56%	8.15%	10.60%
Total Liabilities
Avg YoY	-3.46%	1.88%	1.77%	6.61%	13.44%	10.48%	16.19%
Slope	-4.06%	-0.40%	1.75%	3.30%	4.65%	6.15%	6.73%
CAGR	-3.87%	1.37%	1.38%	5.29%	8.69%	6.20%	11.31%
LSR	-3.87%	-0.35%	1.76%	3.82%	5.85%	8.24%	9.65%
Preferred Stock
Avg YoY	—	—	-100.00%	-100.00%	-100.00%	-100.00%	-100.00%
Slope	—	—	-54.55%	-10.95%	1.37%	5.68%	7.28%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Common Stock
Avg YoY	4.56%	3.80%	-16.93%	-12.74%	-18.98%	-8.89%	-8.80%
Slope	4.46%	3.86%	-37.85%	-15.40%	-3.02%	-2.23%	1.33%
CAGR	4.56%	3.79%	-60.22%	—	-34.10%	-26.13%	—
LSR	4.56%	3.91%	-71.11%	—	—	—	—
Retained Earnings
Avg YoY	5.98%	13.53%	12.39%	11.41%	14.54%	15.36%	15.70%
Slope	5.44%	12.46%	12.36%	10.96%	10.67%	10.89%	10.52%
CAGR	5.73%	13.14%	12.15%	11.23%	14.10%	14.71%	15.09%
LSR	5.73%	14.01%	13.55%	11.73%	12.58%	15.26%	15.62%
Accumulated OCI
Avg YoY	25.10%	17.74%	8.72%	62.90%	-110.43%	-85.31%	-75.36%
Slope	-20.36%	-13.81%	-2.78%	-13.14%	-14.46%	-13.92%	-4.92%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Minority Interest
Avg YoY	19.32%	15.55%	0.60%	17.34%	27.49%	26.37%	26.37%
Slope	16.81%	15.87%	-13.41%	-0.69%	3.48%	3.64%	5.86%
CAGR	18.95%	14.99%	-7.16%	6.07%	-1.46%	—	—
LSR	18.95%	17.13%	-10.18%	0.60%	8.02%	—	—
Total Shareholders’ Equity
Avg YoY	5.81%	13.54%	10.52%	11.58%	12.45%	13.43%	18.20%
Slope	5.25%	12.44%	10.84%	9.29%	9.79%	9.86%	9.90%
CAGR	5.53%	13.12%	10.19%	11.07%	11.75%	12.63%	15.03%
LSR	5.53%	14.00%	11.44%	9.82%	11.68%	12.63%	15.59%
Total Equity
Avg YoY	5.83%	13.54%	10.45%	11.57%	12.38%	13.44%	18.20%
Slope	5.27%	12.44%	10.78%	9.26%	9.78%	9.84%	9.89%
CAGR	5.55%	13.13%	10.12%	11.06%	11.66%	12.64%	15.03%
LSR	5.55%	14.01%	11.35%	9.80%	11.66%	12.60%	15.59%
Total Liabilities & Equity
Avg YoY	2.84%	9.59%	7.17%	9.54%	11.84%	10.85%	14.81%
Slope	2.73%	8.60%	7.72%	7.11%	7.83%	8.42%	8.66%
CAGR	2.80%	9.35%	7.03%	9.03%	10.71%	9.86%	13.65%
LSR	2.80%	9.42%	7.97%	7.63%	9.22%	10.77%	12.57%
Tangible Assets
Avg YoY	2.09%	12.01%	9.22%	9.24%	11.11%	10.57%	12.44%
Slope	1.93%	10.58%	9.85%	8.18%	7.65%	8.08%	8.07%
CAGR	1.98%	11.50%	8.97%	8.90%	9.80%	9.43%	11.23%
LSR	1.98%	11.92%	10.34%	8.48%	8.20%	9.63%	10.18%
Tangible Equity
Avg YoY	6.81%	22.03%	19.74%	28.53%	16.73%	19.64%	-2.56%
Slope	5.32%	18.51%	18.05%	15.16%	14.84%	12.55%	11.77%
CAGR	5.76%	20.43%	18.30%	21.80%	10.96%	13.97%	12.77%
LSR	5.76%	22.64%	21.07%	17.82%	—	—	—
Tangible Book Value
Avg YoY	6.81%	22.03%	19.74%	28.53%	16.73%	19.64%	-2.56%
Slope	5.32%	18.51%	18.05%	15.16%	14.84%	12.55%	11.77%
CAGR	5.76%	20.43%	18.30%	21.80%	10.96%	13.97%	12.77%
LSR	5.76%	22.64%	21.07%	17.82%	—	—	—
Total Investments
Avg YoY	—	—	—	-38.13%	-28.98%	-28.98%	-28.98%
Slope	—	—	—	-29.05%	-12.31%	-3.06%	1.21%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Debt
Avg YoY	604.38%	296.92%	127.70%	89.44%	77.25%	59.79%	77.28%
Slope	44.49%	-16.95%	-12.11%	-3.28%	0.37%	2.92%	4.49%
CAGR	37.87%	-0.13%	-5.49%	1.65%	6.08%	2.73%	14.01%
LSR	37.87%	-25.93%	-18.42%	-7.27%	-1.43%	2.32%	6.56%

Capital Structure

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Working Capital
Avg YoY	-5.89%	8.13%	11.11%	10.26%	14.18%	12.27%	14.60%
Slope	-8.23%	7.22%	10.08%	8.06%	7.91%	8.43%	8.43%
CAGR	-8.61%	5.63%	9.61%	8.11%	10.03%	8.75%	11.28%
LSR	-8.61%	7.93%	11.16%	8.49%	8.86%	10.39%	11.04%
Total Capital
Avg YoY	2.75%	9.78%	7.95%	8.50%	12.51%	11.39%	14.66%
Slope	2.64%	9.08%	8.29%	7.41%	7.57%	8.29%	8.46%
CAGR	2.71%	9.52%	7.82%	8.26%	11.05%	10.14%	13.20%
LSR	2.71%	9.95%	8.65%	7.81%	8.65%	10.59%	11.85%
Capital Employed
Avg YoY	4.02%	8.33%	7.62%	8.00%	12.68%	11.50%	15.03%
Slope	3.54%	8.09%	7.69%	6.77%	7.24%	8.14%	8.37%
CAGR	3.71%	8.07%	7.47%	7.64%	10.97%	10.08%	13.34%
LSR	3.71%	8.72%	8.03%	7.12%	8.43%	10.67%	12.01%
Invested Capital
Avg YoY	8.13%	11.55%	7.79%	8.41%	12.53%	11.30%	15.08%
Slope	7.83%	9.61%	7.36%	6.77%	7.13%	7.97%	8.23%
CAGR	8.13%	11.34%	7.58%	8.12%	10.98%	9.99%	13.43%
LSR	8.13%	10.43%	7.58%	7.14%	8.23%	10.25%	11.69%

Cash Flow

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
Net Income
Avg YoY	-27.78%	66.67%	38.20%	29.65%	24.53%	33.96%	31.36%
Slope	-31.61%	10.63%	17.15%	14.38%	10.83%	10.84%	10.32%
CAGR	-27.85%	28.61%	15.64%	13.48%	8.87%	11.51%	12.72%
LSR	-27.85%	22.63%	21.39%	15.43%	10.18%	13.78%	13.41%
Depreciation & Amortization
Avg YoY	10.67%	8.31%	5.75%	8.21%	10.93%	10.30%	14.93%
Slope	10.18%	7.96%	5.42%	6.25%	7.54%	8.15%	8.38%
CAGR	10.59%	8.22%	5.63%	8.03%	10.60%	9.73%	13.85%
LSR	10.59%	8.14%	5.38%	6.80%	9.24%	10.50%	11.99%
Deferred Income Tax
Avg YoY	243.85%	120.50%	-4,132.12%	-2,708.05%	-1,942.66%	-1,572.04%	-1,291.63%
Slope	139.55%	506.57%	56.05%	8.06%	-35.84%	-40.26%	-32.21%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Stock-Based Compensation
Avg YoY	-2.29%	15.53%	17.74%	13.11%	17.10%	17.10%	17.10%
Slope	-2.46%	7.39%	13.35%	11.84%	11.98%	12.47%	11.99%
CAGR	-2.48%	11.79%	15.12%	11.05%	—	—	—
LSR	-2.48%	9.33%	16.74%	13.08%	—	—	—
Change in Working Capital
Avg YoY	4,582.52%	2,232.04%	750.95%	506.71%	303.66%	231.19%	151.83%
Slope	276.23%	65.92%	-69.53%	5.18%	-57.61%	-23.93%	-25.58%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Accounts Receivable
Avg YoY	38.99%	-97.94%	-68.19%	-46.17%	-12.76%	-87.97%	-87.97%
Slope	29.87%	379.67%	105.52%	33.07%	-19.98%	-6.57%	-1.22%
CAGR	31.59%	—	—	—	—	—	—
LSR	31.59%	—	—	—	—	—	—
Inventory
Avg YoY	110.94%	2.11%	-21.56%	602.77%	431.52%	335.57%	294.86%
Slope	71.99%	106.05%	-136.15%	27.81%	-22.31%	-9.40%	-3.17%
CAGR	47.24%	—	-7.27%	—	—	—	—
LSR	—	—	—	—	—	—	—
Accounts Payable
Avg YoY	-4.96%	102.24%	-95.12%	-82.02%	-82.57%	-31.02%	-31.02%
Slope	23.89%	-86.88%	-31.70%	-34.11%	-2.14%	-6.87%	-8.10%
CAGR	-18.07%	40.44%	10.50%	—	—	—	—
LSR	-18.07%	—	—	—	—	—	—
Other Working Capital
Avg YoY	49.94%	0.71%	60.78%	33.30%	-6.41%	81.23%	33.08%
Slope	21.52%	-20.53%	26.74%	16.97%	11.73%	20.61%	13.52%
CAGR	30.73%	-20.60%	—	2.98%	-3.32%	—	0.57%
LSR	30.73%	-13.11%	—	—	—	—	—
Other Non-Cash Items
Avg YoY	94.22%	54.84%	289.93%	277.16%	181.89%	141.25%	-164.38%
Slope	-10.21%	-52.91%	-5.02%	10.26%	14.43%	13.67%	14.72%
CAGR	-7.40%	-33.74%	-6.91%	28.77%	4.50%	—	20.04%
LSR	-7.40%	-32.63%	-3.44%	—	—	—	—
Net Cash from Operating Activities
Avg YoY	-14.02%	29.58%	24.02%	38.53%	36.73%	47.15%	46.45%
Slope	-15.36%	12.98%	13.80%	13.59%	9.60%	10.08%	9.77%
CAGR	-14.10%	9.05%	7.12%	16.85%	10.06%	18.32%	12.47%
LSR	-14.10%	16.38%	15.68%	16.34%	10.12%	13.51%	13.51%
Capital Expenditures (PPE)
Avg YoY	-19.65%	-32.49%	-17.57%	-15.47%	-17.85%	-17.15%	-31.13%
Slope	-14.87%	-26.04%	-15.68%	-10.55%	-9.25%	-9.66%	-7.07%
CAGR	17.36%	30.55%	14.30%	12.37%	12.54%	11.54%	14.06%
LSR	17.36%	33.68%	16.17%	9.94%	9.28%	12.03%	8.72%
Acquisitions (Net)
Avg YoY	-911.70%	-2,020.03%	-10,816.27%	-6,979.35%	-5,251.60%	-4,355.62%	-4,355.62%
Slope	-148.83%	-23.19%	-10.46%	2.31%	2.15%	-0.86%	-3.93%
CAGR	—	179.82%	120.13%	11.88%	8.30%	9.38%	—
LSR	—	—	—	—	—	—	—
Purchases of Investments
Avg YoY	—	—	—	100.00%	-12.54%	-12.54%	-12.54%
Slope	—	—	—	32.14%	14.56%	4.50%	-0.21%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Sales / Maturities of Investments
Avg YoY	—	—	—	-96.18%	62.34%	62.34%	62.34%
Slope	—	—	—	-37.12%	-14.90%	-4.72%	0.06%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Investing Activities
Avg YoY	-23.76%	31.63%	20.64%	81.12%	-195.72%	-170.02%	-148.43%
Slope	70.72%	-174.21%	-31.52%	-2.46%	12.73%	7.37%	45.56%
CAGR	-27.33%	0.94%	—	—	—	—	-2.20%
LSR	—	—	—	—	—	—	—
Net Cash from Investing Activities
Avg YoY	-59.48%	-81.53%	-58.99%	-52.68%	-52.79%	-60.22%	-63.62%
Slope	-45.93%	-25.33%	-14.35%	-5.08%	-3.53%	-5.05%	-5.21%
CAGR	58.79%	49.16%	22.69%	14.40%	10.31%	10.68%	12.60%
LSR	58.79%	34.80%	15.73%	5.30%	3.81%	6.34%	6.29%
Net Debt Issuance
Avg YoY	-10,493.24%	-5,290.85%	-2,290.48%	-1,374.68%	-1,017.46%	-779.02%	-145.92%
Slope	0.61%	-66.84%	-4.55%	-44.29%	-11.02%	-13.90%	-19.09%
CAGR	-63.78%	—	-53.28%	-23.97%	-25.45%	—	—
LSR	-63.78%	—	—	—	—	—	—
Long-Term Debt Issuance
Avg YoY	-87,794.69%	-43,908.86%	-19,471.95%	-12,367.43%	-9,118.40%	-7,192.26%	-5,453.43%
Slope	-0.01%	-67.19%	-5.17%	-404.67%	-23.88%	-24.97%	-39.02%
CAGR	4.56%	—	-53.45%	-24.83%	-25.45%	—	—
LSR	4.56%	—	—	—	—	—	—
Short-Term Debt Issuance
Avg YoY	47.90%	-76.95%	-65.13%	-267.01%	-84.57%	-84.57%	-84.57%
Slope	73.46%	-30.96%	6.21%	21.25%	4.49%	-1.94%	-4.68%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Stock Issuance
Avg YoY	-59.30%	-54.93%	-377.28%	-407.17%	-339.15%	-226.01%	147.01%
Slope	-36.47%	-32.96%	-23.91%	-23.54%	-19.36%	-18.41%	-16.98%
CAGR	37.74%	39.27%	16.96%	—	—	13.18%	18.16%
LSR	37.74%	36.75%	—	—	—	—	—
Common Stock Issuance
Avg YoY	—	—	-100.00%	-100.00%	-56.91%	643.63%	1,180.56%
Slope	—	—	-42.42%	-5.36%	-6.61%	-16.30%	-11.02%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Common Stock Repurchased
Avg YoY	-59.30%	-54.93%	-312.64%	-349.71%	-281.07%	-249.31%	-188.05%
Slope	-36.47%	-32.96%	-23.84%	-23.51%	-19.00%	-16.32%	-14.42%
CAGR	37.74%	39.27%	16.96%	—	—	13.02%	17.94%
LSR	37.74%	36.75%	—	—	—	—	—
Preferred Stock Issuance
Avg YoY	—	—	-100.00%	-100.00%	-100.00%	-100.00%	-100.00%
Slope	—	—	-30.30%	0.00%	-15.16%	-4.88%	-0.05%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Dividends Paid
Avg YoY	-12.16%	-15.51%	-12.16%	-19.95%	-19.24%	-17.70%	-19.29%
Slope	-11.36%	-14.86%	-12.20%	-12.90%	-13.06%	-12.55%	-11.80%
CAGR	12.14%	15.27%	11.98%	18.79%	18.06%	16.66%	18.27%
LSR	12.14%	16.41%	12.81%	16.57%	18.12%	18.39%	18.46%
Common Dividends Paid
Avg YoY	-12.16%	-15.51%	-12.16%	-19.95%	-19.24%	-84.67%	-74.71%
Slope	-11.36%	-14.86%	-12.20%	-12.90%	-13.06%	-12.68%	-11.89%
CAGR	12.14%	15.27%	11.98%	18.79%	18.06%	16.66%	18.27%
LSR	12.14%	16.41%	12.81%	16.57%	18.12%	21.14%	19.64%
Preferred Dividends Paid
Avg YoY	—	—	—	—	—	100.00%	100.00%
Slope	—	—	—	—	—	15.38%	7.34%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Other Financing Activities
Avg YoY	4.14%	-7.71%	21.08%	1,345.21%	1,267.72%	1,012.11%	928.81%
Slope	9.84%	-6.78%	-25.28%	-65.39%	-61.32%	-40.29%	-31.37%
CAGR	-10.77%	-1.56%	—	—	9.26%	—	—
LSR	-10.77%	6.95%	—	—	—	—	—
Net Cash from Financing Activities
Avg YoY	-31.16%	-37.49%	-38.61%	-147.08%	-98.35%	-59.94%	-15.75%
Slope	-24.60%	-31.21%	-17.84%	-23.41%	-16.84%	-16.38%	-15.98%
CAGR	29.84%	34.85%	8.93%	36.06%	15.66%	—	18.57%
LSR	29.84%	39.98%	23.89%	—	—	—	—
Effect of FX on Cash
Avg YoY	-344.89%	-276.70%	-51.68%	-103.48%	-56.46%	-24.17%	-1.55%
Slope	-79.16%	-191.47%	-39.28%	-65.17%	-52.74%	-50.57%	-17.26%
CAGR	67.47%	—	7.07%	—	31.09%	—	—
LSR	—	—	—	—	—	—	—
Net Change in Cash
Avg YoY	-434.54%	-176.75%	179.15%	107.64%	91.51%	48.41%	57.33%
Slope	-4,455.60%	-2,096.05%	-241.77%	-74.11%	-33.95%	-16.73%	-13.27%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Cash at Beginning of Period
Avg YoY	151.74%	136.83%	69.18%	52.59%	50.16%	59.04%	169.12%
Slope	48.84%	36.95%	30.54%	23.21%	18.77%	16.53%	14.27%
CAGR	98.25%	63.76%	33.58%	28.44%	28.01%	21.46%	17.53%
LSR	98.25%	57.97%	37.41%	24.92%	20.16%	22.46%	18.26%
Cash at End of Period
Avg YoY	-36.59%	44.97%	62.52%	43.16%	36.93%	59.86%	2,785.34%
Slope	-46.79%	3.44%	22.94%	19.60%	16.60%	15.16%	11.55%
CAGR	-45.56%	-14.28%	16.85%	13.35%	13.28%	21.12%	31.23%
LSR	-45.56%	1.34%	31.11%	22.04%	17.51%	21.98%	16.53%
Operating Cash Flow
Avg YoY	-14.02%	29.58%	24.02%	38.53%	36.73%	47.15%	46.45%
Slope	-15.36%	12.98%	13.80%	13.59%	9.60%	10.08%	9.77%
CAGR	-14.10%	9.05%	7.12%	16.85%	10.06%	18.32%	12.47%
LSR	-14.10%	16.38%	15.68%	16.34%	10.12%	13.51%	13.51%
Capital Expenditure
Avg YoY	-19.65%	-32.49%	-17.57%	-15.47%	-17.85%	-17.15%	-31.13%
Slope	-14.87%	-26.04%	-15.68%	-10.55%	-9.25%	-9.66%	-7.07%
CAGR	17.36%	30.55%	14.30%	12.37%	12.54%	11.54%	14.06%
LSR	17.36%	33.68%	16.17%	9.94%	9.28%	12.03%	8.72%
Free Cash Flow
Avg YoY	-21.15%	36.25%	33.09%	75.48%	77.95%	125.47%	80.03%
Slope	-24.90%	9.04%	13.22%	14.64%	9.72%	10.22%	10.80%
CAGR	-21.59%	3.74%	5.07%	20.03%	9.26%	—	11.95%
LSR	-21.59%	12.07%	15.80%	20.57%	11.30%	—	—

Free Cash Flow

Metric / Stat	3Y	5Y	10Y	15Y	20Y	25Y	30Y
EBITDA
Avg YoY	-24.20%	29.07%	17.16%	15.39%	14.13%	16.06%	18.14%
Slope	-27.42%	7.18%	13.89%	11.53%	8.82%	9.05%	8.92%
CAGR	-24.20%	15.22%	10.09%	10.36%	7.72%	8.95%	11.99%
LSR	-24.20%	11.90%	15.81%	11.98%	8.47%	10.49%	11.33%
(-) Tax Adjustment
Avg YoY	-25.98%	34.22%	1.45%	4.96%	8.72%	11.91%	14.81%
Slope	-29.97%	6.52%	14.52%	9.27%	6.18%	7.02%	7.34%
CAGR	-26.02%	16.32%	6.46%	7.48%	5.36%	7.06%	10.38%
LSR	-26.02%	11.94%	—	—	—	—	—
Change In Working Capital
Avg YoY	4,582.52%	2,232.04%	750.95%	506.71%	303.66%	231.19%	151.83%
Slope	276.23%	65.92%	-69.53%	5.18%	-57.61%	-23.93%	-25.58%
CAGR	—	-16.73%	-7.02%	—	17.59%	—	10.83%
LSR	—	—	—	—	—	—	—
Capital Expenditure
Avg YoY	-19.65%	-32.49%	-17.57%	-15.47%	-17.85%	-17.15%	-31.13%
Slope	-14.87%	-26.04%	-15.68%	-10.55%	-9.25%	-9.66%	-7.07%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Unlevered Free Cash Flow
Avg YoY	-43.77%	297.76%	265.13%	170.58%	133.74%	123.31%	100.06%
Slope	-53.44%	-2.58%	14.56%	11.66%	10.69%	10.13%	10.72%
CAGR	-43.99%	37.36%	—	4.37%	5.85%	5.15%	12.43%
LSR	-43.99%	20.22%	—	—	—	—	—
Net Interest After Taxes
Avg YoY	-114.84%	-42.38%	-22.60%	-21.49%	-22.80%	-21.00%	-21.00%
Slope	58.64%	51.26%	12.09%	0.30%	-3.17%	-6.52%	-7.86%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Net Debt Issuance
Avg YoY	-10,493.24%	-5,290.85%	-2,290.48%	-1,374.68%	-1,017.46%	-779.02%	-145.92%
Slope	0.61%	-66.84%	-4.55%	-44.29%	-11.02%	-13.90%	-19.09%
CAGR	—	—	—	—	—	—	—
LSR	—	—	—	—	—	—	—
Levered Free Cash Flow
Avg YoY	-33.94%	135.03%	151.75%	111.00%	101.30%	118.78%	120.08%
Slope	-62.95%	-10.83%	13.41%	8.39%	9.81%	9.37%	9.72%
CAGR	-43.78%	16.20%	—	4.11%	8.65%	3.12%	12.41%
LSR	-43.78%	-1.90%	—	—	—	—	—