Household & Personal Products

Category: Industry Averages Base Ticker: 6601.HK

Methodology: Industry metrics are calculated using the Top 100 companies by revenue within the industry. Values shown represent averages, not aggregates, and are winsorized at the 80/20 percentile to reduce the impact of extreme outliers. All financials are USD-normalized and intended to reflect the core economic structure of the industry.

Industry Enterprise Value

Metric	MRQ	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	1995
Stock Price	26.45	31.96	28.57	26.50	31.73	29.63	26.00	24.96	25.49	24.81	24.64	17.74	12.82	9.77	8.65	8.78	6.61	6.72	9.63	10.18	10.34	10.13	13.98	12.66	11.83	11.33	15.86	18.39	16.45	12.29	7.33
Market Capitalization	4,122.21M	3,895.48M	3,947.91M	4,947.07M	5,208.11M	5,570.24M	4,617.40M	3,976.54M	4,342.12M	3,151.52M	3,493.82M	2,955.87M	1,975.04M	1,681.05M	1,238.03M	1,297.93M	933.91M	723.26M	886.02M	968.99M	1,321.98M	1,038.08M	2,710.97M	2,940.77M	2,983.65M	3,595.65M	4,428.75M	4,453.11M	4,764.31M	4,007.72M	3,050.72M
(-) Cash & Equivalents	151.20M	283.05M	272.21M	249.98M	271.01M	293.21M	182.79M	186.10M	167.98M	172.38M	167.55M	144.00M	112.08M	100.53M	86.61M	68.77M	70.26M	51.42M	44.51M	45.18M	45.38M	72.35M	77.66M	77.33M	68.17M	64.80M	75.00M	60.50M	70.56M	92.32M	66.55M
(+) Total Debt	473.03M	664.05M	601.44M	835.25M	712.73M	591.07M	506.64M	364.19M	340.35M	308.57M	285.05M	236.08M	216.89M	152.57M	160.02M	49.57M	50.18M	59.50M	67.92M	89.62M	82.69M	141.11M	307.43M	283.73M	299.32M	774.58M	501.30M	502.34M	530.54M	629.93M	762.87M
Enterprise Value	4,357.76M	4,720.42M	4,792.62M	5,043.30M	5,672.56M	5,205.96M	5,139.62M	4,740.88M	4,485.69M	3,669.39M	3,809.87M	3,024.60M	2,135.83M	1,798.00M	1,425.81M	1,373.87M	1,009.09M	718.28M	951.34M	1,330.67M	1,364.61M	1,143.21M	2,761.38M	3,126.64M	3,148.34M	4,298.46M	4,877.27M	5,010.44M	5,206.93M	4,698.94M	3,849.34M

Industry Income Statement

Metric	TTM	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	1995
Revenue	2,154.071M	2,169.358M	2,002.533M	1,924.281M	1,938.608M	1,742.447M	1,742.375M	1,471.388M	1,355.451M	1,325.782M	1,248.517M	1,220.031M	1,045.426M	851.069M	721.941M	599.010M	457.772M	404.505M	382.377M	565.903M	840.565M	1,075.662M	1,587.818M	1,806.734M	1,979.849M	2,653.829M	2,958.344M	2,763.451M	2,807.405M	2,661.937M	2,170.608M
Cost of Revenue	991.723M	975.204M	893.320M	870.745M	936.627M	789.685M	756.920M	718.378M	697.940M	612.485M	571.837M	519.921M	457.605M	400.637M	380.310M	286.096M	231.946M	197.533M	216.580M	298.354M	337.865M	387.720M	691.557M	765.645M	1,121.437M	1,331.459M	1,124.708M	766.085M	691.221M	597.350M	439.040M
Gross Profit	1,162.348M	1,194.155M	1,109.214M	1,053.537M	1,001.981M	952.762M	985.455M	753.010M	657.511M	713.297M	676.679M	700.110M	587.821M	450.432M	341.631M	312.914M	225.826M	206.972M	165.797M	267.548M	502.701M	687.942M	896.261M	1,041.089M	858.411M	1,322.370M	1,833.636M	1,997.366M	2,116.184M	2,064.587M	1,731.568M
Gross Margin	53.96%	55.05%	55.39%	54.75%	51.69%	54.68%	56.56%	51.18%	48.51%	53.80%	54.20%	57.38%	56.23%	52.93%	47.32%	52.24%	49.33%	51.17%	43.36%	47.28%	59.81%	63.96%	56.45%	57.62%	43.36%	49.83%	61.98%	72.28%	75.38%	77.56%	79.77%
R&D Expenses	14.367M	16.850M	21.735M	18.327M	17.540M	16.658M	17.694M	16.758M	16.208M	15.967M	15.485M	13.239M	9.221M	6.368M	0.600M	0.529M	0.369M	0.151M	0.193M	0.176M	0.552M	0.113M	0.000M	0.000M	0.000M	0.298M	0.669M	0.000M	9.523M	0.000M	0.000M
SG&A Expenses	652.297M	677.519M	631.219M	641.299M	631.937M	546.107M	521.505M	448.362M	432.784M	409.884M	403.237M	345.627M	272.472M	240.971M	163.857M	118.849M	106.147M	87.586M	90.156M	87.112M	117.184M	186.999M	595.247M	664.772M	312.924M	568.949M	680.876M	656.019M	721.827M	689.567M	194.321M
Operating Expenses	666.664M	694.369M	652.955M	659.626M	649.477M	562.765M	539.200M	465.120M	448.992M	425.851M	418.722M	358.866M	281.693M	247.340M	164.457M	119.379M	106.516M	87.738M	90.349M	87.287M	117.735M	187.112M	595.247M	664.772M	312.924M	569.247M	681.545M	656.019M	731.349M	689.567M	194.321M
Operating Income	495.684M	499.786M	456.259M	393.911M	352.504M	389.997M	446.256M	287.890M	208.519M	287.446M	257.957M	341.245M	306.128M	203.093M	177.174M	193.536M	119.311M	119.234M	75.448M	180.261M	384.965M	500.830M	301.014M	376.317M	545.487M	753.123M	1,152.091M	1,341.347M	1,384.835M	1,375.020M	1,537.247M
Operating Margin	23.01%	23.04%	22.78%	20.47%	18.18%	22.38%	25.61%	19.57%	15.38%	21.68%	20.66%	27.97%	29.28%	23.86%	24.54%	32.31%	26.06%	29.48%	19.73%	31.85%	45.80%	46.56%	18.96%	20.83%	27.55%	28.38%	38.94%	48.54%	49.33%	51.65%	70.82%
Interest Income	5.088M	13.679M	11.720M	4.681M	5.027M	3.384M	4.069M	3.082M	3.094M	2.991M	2.976M	2.205M	1.759M	1.553M	1.020M	0.571M	0.515M	0.596M	0.583M	0.258M	0.241M	0.326M	0.161M	0.076M	0.067M	0.161M	0.000M	0.000M	0.000M	0.000M	0.000M
Interest Expense	24.811M	37.868M	31.832M	22.628M	16.050M	17.372M	17.443M	10.985M	11.161M	8.139M	6.954M	7.374M	6.894M	4.346M	5.841M	3.208M	2.954M	3.390M	1.637M	1.905M	1.434M	1.413M	1.468M	0.808M	0.352M	0.555M	0.348M	0.447M	0.504M	1.565M	3.138M
Net Interest Income	-19.723M	-24.189M	-20.112M	-17.947M	-11.022M	-13.987M	-13.373M	-7.902M	-8.067M	-5.147M	-3.978M	-5.169M	-5.135M	-2.792M	-4.821M	-2.637M	-2.440M	-2.794M	-1.054M	-1.647M	-1.193M	-1.088M	-1.307M	-0.732M	-0.285M	-0.395M	-0.348M	-0.447M	-0.504M	-1.565M	-3.138M
Other Income / Expense	-320.877M	-324.469M	-315.808M	-236.361M	-147.676M	-233.994M	-301.348M	-162.718M	-72.618M	-110.762M	-118.289M	-230.753M	-206.071M	-118.148M	-104.827M	-128.801M	-58.351M	-85.283M	-39.745M	-121.734M	-319.369M	-411.763M	-135.863M	-202.965M	-404.859M	-475.040M	-895.380M	-1,076.685M	-1,047.622M	-1,080.236M	-1,416.345M
Pre-Tax Income	155.084M	151.128M	120.339M	139.602M	193.806M	142.016M	131.535M	117.270M	127.834M	171.537M	135.691M	105.323M	94.922M	82.152M	67.526M	62.098M	58.520M	31.157M	34.649M	56.880M	64.404M	87.980M	163.844M	172.620M	140.343M	277.689M	256.362M	264.215M	336.709M	293.218M	117.765M
Pre-Tax Margin	7.20%	6.97%	6.01%	7.25%	10.00%	8.15%	7.55%	7.97%	9.43%	12.94%	10.87%	8.63%	9.08%	9.65%	9.35%	10.37%	12.78%	7.70%	9.06%	10.05%	7.66%	8.18%	10.32%	9.55%	7.09%	10.46%	8.67%	9.56%	11.99%	11.02%	5.43%
Income Tax Expense	43.073M	39.004M	33.541M	39.200M	46.577M	41.971M	47.394M	36.678M	27.783M	38.095M	36.941M	31.594M	29.057M	26.311M	20.427M	16.426M	14.701M	11.393M	12.758M	16.172M	19.126M	39.076M	62.380M	57.082M	51.509M	106.493M	107.427M	105.753M	117.954M	107.361M	54.380M
Tax Rate	27.77%	25.81%	27.87%	28.08%	24.03%	29.55%	35.00%	31.28%	21.73%	22.21%	27.22%	30.00%	30.61%	32.03%	30.25%	26.45%	25.12%	35.00%	35.00%	28.43%	29.70%	35.00%	35.00%	33.07%	35.00%	35.00%	35.00%	35.00%	35.00%	35.00%	35.00%
Net Income	112.011M	112.123M	86.798M	100.402M	147.228M	100.045M	84.140M	80.592M	100.051M	133.442M	98.749M	73.729M	65.866M	55.841M	47.099M	45.672M	43.819M	19.764M	21.891M	40.708M	45.277M	48.903M	101.464M	115.538M	88.834M	171.196M	148.935M	158.462M	218.755M	185.857M	63.385M
Net Margin	5.20%	5.17%	4.33%	5.22%	7.59%	5.74%	4.83%	5.48%	7.38%	10.07%	7.91%	6.04%	6.30%	6.56%	6.52%	7.62%	9.57%	4.89%	5.72%	7.19%	5.39%	4.55%	6.39%	6.39%	4.49%	6.45%	5.03%	5.73%	7.79%	6.98%	2.92%
EBIT	495.684M	499.786M	456.259M	393.911M	352.504M	389.997M	446.256M	287.890M	208.519M	287.446M	257.957M	341.245M	306.128M	203.093M	177.174M	193.536M	119.311M	119.234M	75.448M	180.261M	384.965M	500.830M	301.014M	376.317M	545.487M	753.123M	1,152.091M	1,341.347M	1,384.835M	1,375.020M	1,537.247M
Depreciation & Amortization	78.417M	82.083M	78.957M	90.917M	90.217M	86.145M	66.254M	47.745M	42.588M	40.469M	37.319M	33.814M	29.600M	25.961M	23.222M	19.562M	17.057M	14.774M	9.752M	17.211M	31.734M	44.934M	62.051M	77.184M	97.078M	100.441M	114.245M	108.351M	108.017M	96.224M	81.636M
EBITDA	574.101M	581.868M	535.216M	484.828M	442.720M	476.142M	512.510M	335.635M	251.106M	327.915M	295.276M	375.058M	335.728M	229.054M	200.395M	213.097M	136.367M	134.008M	85.200M	197.472M	416.700M	545.764M	363.066M	453.501M	642.565M	853.565M	1,266.336M	1,449.698M	1,492.851M	1,471.243M	1,618.883M
EBITDA Margin	26.65%	26.82%	26.73%	25.20%	22.84%	27.33%	29.41%	22.81%	18.53%	24.73%	23.65%	30.74%	32.11%	26.91%	27.76%	35.57%	29.79%	33.13%	22.28%	34.89%	49.57%	50.74%	22.87%	25.10%	32.46%	32.16%	42.81%	52.46%	53.18%	55.27%	74.58%
NOPAT	358.013M	370.797M	329.090M	283.300M	267.786M	274.738M	290.066M	197.848M	163.200M	223.610M	187.729M	238.881M	212.419M	138.049M	123.579M	142.343M	89.339M	77.502M	49.041M	129.011M	270.639M	325.540M	195.659M	251.877M	354.566M	489.530M	748.859M	871.876M	900.143M	893.763M	999.211M
NOPAT Margin	16.62%	17.09%	16.43%	14.72%	13.81%	15.77%	16.65%	13.45%	12.04%	16.87%	15.04%	19.58%	20.32%	16.22%	17.12%	23.76%	19.52%	19.16%	12.83%	22.80%	32.20%	30.26%	12.32%	13.94%	17.91%	18.45%	25.31%	31.55%	32.06%	33.58%	46.03%
Owner's Earnings	190.428M	194.206M	165.755M	191.319M	237.445M	186.190M	150.395M	128.337M	142.638M	173.911M	136.068M	107.542M	95.466M	81.802M	70.321M	65.234M	60.876M	34.538M	31.643M	57.919M	77.011M	93.837M	163.516M	192.722M	185.911M	271.638M	263.180M	266.813M	326.772M	282.081M	145.021M
Owner's Earnings Margin	8.84%	8.95%	8.28%	9.94%	12.25%	10.69%	8.63%	8.72%	10.52%	13.12%	10.90%	8.81%	9.13%	9.61%	9.74%	10.89%	13.30%	8.54%	8.28%	10.23%	9.16%	8.72%	10.30%	10.67%	9.39%	10.24%	8.90%	9.66%	11.64%	10.60%	6.68%
EPS	0.44	0.38	0.27	0.31	0.45	0.32	0.25	0.26	0.30	0.51	0.42	0.28	0.25	0.20	0.17	0.16	0.19	0.09	0.10	0.16	0.17	0.19	0.32	0.34	0.25	0.47	0.51	0.56	0.76	0.80	0.31
EPS (Diluted)	0.44	0.38	0.27	0.31	0.45	0.32	0.25	0.26	0.30	0.51	0.42	0.28	0.25	0.20	0.17	0.16	0.19	0.09	0.10	0.16	0.17	0.19	0.32	0.34	0.25	0.47	0.51	0.56	0.76	0.80	0.31
Shares (Diluted)	255,691,202	295,203,603	320,008,098	320,757,955	329,296,909	309,613,688	343,253,358	306,265,550	332,963,949	259,746,067	232,391,833	260,988,724	260,422,727	278,814,050	284,024,646	277,663,159	234,687,982	218,801,445	215,888,439	255,198,386	272,086,957	255,271,513	312,444,044	336,216,272	356,651,190	365,171,915	291,823,326	282,292,903	287,830,274	233,740,805	205,057,465

Industry Balance Sheet

Metric	MRQ	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	1995
Cash & Cash Equivalents	151.97M	283.05M	272.21M	249.98M	271.01M	293.65M	184.35M	186.10M	167.98M	172.38M	167.55M	144.00M	113.08M	100.53M	86.61M	69.43M	70.94M	53.07M	45.03M	45.77M	46.05M	73.66M	77.66M	77.33M	68.17M	64.80M	75.00M	68.41M	74.00M	92.32M	66.55M
Short-Term Investments	70.33M	65.70M	94.00M	53.33M	51.05M	29.62M	52.55M	29.05M	46.23M	48.65M	45.04M	20.81M	37.08M	23.17M	14.12M	20.52M	12.29M	7.08M	15.55M	13.27M	6.08M	5.66M	20.53M	66.52M	9.58M	17.69M	10.15M	0.28M	0.00M	0.00M	0.23M
Cash & Short-Term Investments	222.30M	348.76M	366.21M	303.31M	322.06M	323.27M	236.90M	215.15M	214.21M	221.03M	212.58M	164.81M	150.16M	123.70M	100.74M	89.95M	83.23M	60.15M	60.58M	59.04M	52.13M	79.33M	98.20M	143.85M	77.75M	82.48M	85.14M	68.69M	74.00M	92.32M	66.78M
Net Receivables	227.02M	261.77M	233.49M	224.61M	220.38M	180.39M	180.06M	173.90M	154.08M	151.24M	152.52M	135.31M	117.82M	106.84M	73.00M	62.20M	51.74M	49.55M	39.69M	75.96M	119.53M	123.61M	173.50M	224.61M	231.41M	317.98M	418.38M	354.84M	242.92M	350.23M	126.97M
Inventory	240.57M	257.88M	243.58M	280.84M	252.35M	226.23M	192.19M	188.88M	171.84M	158.95M	147.10M	135.49M	112.54M	103.49M	89.17M	62.78M	56.74M	49.87M	46.65M	58.53M	93.78M	102.24M	181.12M	209.98M	222.21M	352.30M	346.02M	356.97M	264.60M	265.02M	236.82M
Other Current Assets	54.96M	35.06M	50.34M	44.67M	39.71M	34.79M	36.61M	50.08M	53.60M	39.87M	48.27M	33.10M	39.00M	24.02M	33.20M	13.54M	13.43M	13.88M	13.35M	9.42M	19.21M	16.38M	53.60M	69.41M	74.87M	94.72M	76.62M	139.56M	90.13M	61.44M	79.07M
Total Current Assets	744.86M	903.46M	893.62M	853.43M	834.50M	764.67M	645.76M	628.01M	593.73M	571.10M	560.47M	468.71M	419.52M	358.05M	296.10M	228.46M	205.14M	173.45M	160.26M	202.95M	284.65M	321.56M	506.42M	647.84M	606.25M	847.48M	926.17M	920.06M	671.65M	769.00M	509.63M
Property, Plant & Equipment	416.71M	561.17M	568.46M	551.85M	542.76M	512.29M	436.67M	375.68M	357.86M	325.76M	288.35M	278.42M	239.25M	186.21M	161.67M	127.41M	123.79M	114.89M	105.65M	122.47M	194.94M	201.49M	346.29M	386.64M	508.46M	565.18M	580.37M	750.66M	743.48M	706.48M	629.02M
Goodwill	415.16M	344.31M	342.04M	340.50M	324.19M	217.97M	166.17M	156.68M	132.67M	128.00M	121.24M	111.35M	88.34M	58.70M	31.79M	10.36M	5.91M	6.86M	8.11M	6.18M	6.10M	0.30M	0.26M	0.00M	0.55M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Intangible Assets	286.35M	225.54M	251.35M	255.46M	258.56M	237.00M	109.09M	92.19M	111.53M	59.17M	61.83M	50.49M	52.89M	41.99M	52.25M	29.33M	25.87M	13.35M	10.62M	20.32M	67.91M	103.59M	290.52M	360.83M	275.94M	539.71M	375.80M	398.31M	177.17M	321.30M	238.50M
Long-Term Investments	33.71M	25.61M	47.35M	21.48M	17.04M	16.94M	22.08M	18.07M	21.12M	16.96M	14.81M	10.20M	5.25M	2.73M	2.00M	1.95M	3.31M	1.34M	1.09M	0.88M	1.55M	2.39M	0.37M	0.00M	0.00M	0.07M	0.00M	0.00M	0.00M	0.00M	0.00M
Tax Assets	13.04M	16.69M	19.14M	23.44M	17.87M	13.63M	12.72M	10.76M	8.45M	6.73M	7.06M	4.19M	3.58M	5.11M	5.75M	4.20M	4.27M	2.21M	2.38M	1.71M	2.89M	1.62M	7.38M	1.54M	0.29M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Assets	53.91M	129.26M	50.85M	52.55M	63.06M	81.86M	67.03M	60.35M	67.98M	56.36M	43.61M	50.45M	44.23M	30.11M	29.41M	25.41M	18.14M	16.65M	17.38M	20.85M	22.20M	20.30M	54.36M	41.41M	114.13M	112.70M	123.65M	106.69M	113.75M	121.43M	105.67M
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
Total Non-Current Assets	1,218.88M	1,302.59M	1,279.19M	1,245.28M	1,223.47M	1,079.68M	813.76M	713.71M	699.61M	592.98M	536.89M	505.09M	433.55M	324.85M	282.87M	198.65M	181.30M	155.29M	145.23M	172.41M	295.58M	329.69M	699.17M	790.42M	899.38M	1,217.67M	1,079.82M	1,255.65M	1,034.40M	1,149.21M	973.20M
Total Assets	1,963.74M	2,206.06M	2,172.80M	2,098.71M	2,057.97M	1,844.35M	1,459.52M	1,341.72M	1,293.34M	1,164.08M	1,097.36M	973.80M	853.07M	682.90M	578.97M	427.11M	386.44M	328.74M	305.49M	375.36M	580.23M	651.25M	1,205.58M	1,438.27M	1,505.62M	2,065.15M	2,006.00M	2,175.72M	1,706.05M	1,918.21M	1,482.83M
Accounts Payable	247.61M	282.29M	253.28M	231.19M	279.61M	193.10M	162.68M	172.20M	141.22M	119.55M	114.34M	111.13M	94.74M	84.43M	80.34M	54.97M	42.85M	36.83M	29.03M	65.37M	72.60M	77.45M	99.82M	153.89M	157.30M	203.69M	232.91M	275.49M	217.66M	220.18M	197.97M
Short-Term Debt	88.03M	87.60M	78.55M	59.27M	58.78M	82.75M	89.58M	70.55M	58.42M	63.77M	41.45M	56.61M	45.39M	48.15M	28.67M	14.37M	21.56M	19.53M	14.91M	19.37M	31.21M	42.57M	57.76M	54.91M	33.50M	111.35M	145.74M	158.00M	117.05M	112.19M	79.71M
Tax Payables	0.65M	22.74M	27.28M	21.82M	20.15M	22.47M	20.45M	13.76M	18.30M	20.25M	15.40M	8.56M	8.45M	11.24M	6.98M	4.00M	3.70M	2.68M	2.44M	2.47M	2.12M	1.37M	0.48M	0.17M	0.03M	0.15M	0.04M	0.00M	0.00M	0.00M	0.00M
Deferred Revenue	1.62M	0.02M	4.45M	8.91M	28.91M	36.88M	28.87M	10.85M	26.20M	25.17M	26.59M	16.93M	15.69M	11.23M	6.46M	4.67M	3.34M	3.70M	4.90M	5.66M	5.37M	2.49M	2.18M	1.34M	3.11M	1.11M	0.04M	0.00M	0.00M	0.00M	0.00M
Other Current Liabilities	87.23M	117.81M	104.30M	120.12M	103.57M	83.26M	76.80M	84.10M	71.95M	64.08M	62.65M	63.67M	53.77M	49.54M	37.71M	14.40M	12.95M	20.40M	13.27M	17.78M	28.46M	18.36M	50.32M	78.37M	38.44M	111.78M	306.92M	186.20M	183.04M	200.02M	229.55M
Total Current Liabilities	425.15M	510.45M	467.86M	441.31M	491.03M	418.46M	378.37M	351.47M	316.10M	292.82M	260.43M	256.89M	218.03M	204.59M	160.17M	92.40M	84.40M	83.14M	64.54M	110.64M	139.75M	142.24M	210.55M	288.67M	232.38M	428.08M	685.66M	619.69M	517.74M	532.39M	507.23M
Long-Term Debt	317.62M	343.59M	360.76M	518.74M	318.77M	337.77M	176.91M	168.15M	169.27M	168.70M	165.13M	154.02M	152.21M	60.38M	51.24M	32.01M	20.35M	32.73M	30.17M	69.07M	80.27M	112.49M	145.68M	170.83M	197.92M	461.69M	230.13M	535.82M	283.26M	457.97M	548.54M
Capital Lease Obligations	4.21M	60.36M	61.69M	50.26M	48.32M	49.06M	30.65M	0.44M	0.26M	0.18M	0.12M	0.06M	0.06M	0.04M	0.03M	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	0.00M
Deferred Tax Liabilities	32.60M	41.85M	34.88M	32.04M	34.48M	21.89M	10.59M	12.11M	14.56M	14.90M	18.41M	11.79M	4.62M	12.04M	5.94M	5.10M	3.49M	1.98M	1.39M	1.82M	2.10M	2.13M	15.08M	36.06M	17.37M	51.13M	60.57M	51.38M	63.22M	65.63M	71.35M
Other Non-Current Liabilities	62.99M	79.88M	57.64M	60.56M	89.91M	58.65M	33.77M	53.00M	36.05M	28.00M	28.10M	29.07M	29.75M	15.09M	24.46M	20.03M	19.45M	18.95M	13.77M	24.43M	28.46M	53.69M	91.47M	90.75M	171.36M	91.72M	190.83M	189.69M	236.73M	236.47M	245.82M
Total Non-Current Liabilities	417.41M	525.68M	514.96M	661.60M	491.48M	467.37M	251.93M	233.70M	220.14M	211.78M	211.76M	194.93M	186.64M	87.56M	81.67M	57.15M	43.30M	53.66M	45.33M	95.32M	110.82M	168.31M	252.23M	297.64M	386.64M	604.54M	481.53M	776.90M	583.21M	760.08M	865.71M
Total Liabilities	842.56M	1,036.13M	982.82M	1,102.91M	982.51M	885.83M	630.30M	585.17M	536.24M	504.60M	472.18M	451.82M	404.67M	292.15M	241.84M	149.54M	127.70M	136.80M	109.86M	205.97M	250.57M	310.55M	462.78M	586.31M	619.02M	1,032.62M	1,167.18M	1,396.59M	1,100.95M	1,292.46M	1,372.94M
Preferred Stock	0.00M	0.00M	0.00M	0.00M	0.00M	0.28M	0.02M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	32.20M	38.29M	36.81M	0.00M
Common Stock	48.49M	56.01M	48.55M	53.91M	61.41M	55.93M	70.78M	57.65M	55.29M	45.65M	41.62M	46.13M	45.42M	35.85M	29.23M	25.86M	25.41M	23.78M	17.78M	15.31M	22.51M	30.20M	70.51M	78.72M	81.08M	90.02M	94.36M	31.07M	14.04M	8.46M	7.67M
Retained Earnings	296.73M	699.99M	545.39M	518.04M	494.96M	550.25M	432.08M	558.42M	510.53M	473.47M	434.49M	378.65M	288.77M	201.54M	176.47M	138.84M	111.48M	96.14M	56.70M	104.05M	110.64M	147.69M	454.94M	518.99M	589.12M	706.76M	741.83M	982.27M	587.69M	857.90M	719.80M
Accumulated OCI	32.37M	10.63M	4.29M	8.33M	-0.09M	-9.44M	-2.08M	3.33M	2.99M	-3.98M	1.96M	-5.55M	-8.70M	-2.97M	-1.87M	-3.09M	-2.60M	-0.75M	-0.35M	-1.82M	-2.99M	-0.98M	-12.30M	-23.43M	-31.18M	-27.94M	-49.76M	-95.09M	-129.98M	-120.29M	-117.44M
Minority Interest	12.50M	14.61M	15.03M	15.48M	9.64M	10.09M	10.80M	11.55M	11.30M	9.45M	7.61M	6.18M	6.29M	3.66M	3.84M	0.98M	1.70M	0.89M	0.87M	0.86M	2.10M	2.76M	3.89M	3.80M	2.79M	11.50M	14.54M	40.84M	2.37M	1.24M	1.22M
Total Shareholders’ Equity	377.60M	766.64M	598.23M	580.28M	556.28M	597.02M	500.80M	619.40M	568.81M	515.14M	478.07M	419.24M	325.50M	234.42M	203.82M	161.60M	134.29M	119.17M	74.12M	117.54M	130.17M	176.91M	513.15M	574.28M	639.01M	768.84M	786.43M	950.44M	510.04M	782.88M	610.03M
Total Equity	390.09M	781.24M	613.26M	595.76M	565.92M	607.11M	511.60M	630.95M	580.11M	524.59M	485.68M	425.42M	331.78M	238.08M	207.67M	162.59M	135.99M	120.05M	75.00M	118.40M	132.27M	179.67M	517.04M	578.08M	641.80M	780.34M	800.98M	991.28M	512.41M	784.13M	611.25M
Total Liabilities & Equity	1,232.65M	1,817.38M	1,596.08M	1,698.67M	1,548.43M	1,492.94M	1,141.91M	1,216.11M	1,116.34M	1,029.19M	957.86M	877.24M	736.45M	530.23M	449.50M	312.13M	263.69M	256.86M	184.86M	324.37M	382.84M	490.22M	979.83M	1,164.39M	1,260.82M	1,812.97M	1,968.16M	2,387.87M	1,613.36M	2,076.59M	1,984.19M
Tangible Assets	1,262.23M	1,636.20M	1,579.42M	1,502.75M	1,475.22M	1,389.38M	1,184.25M	1,092.86M	1,049.14M	976.91M	914.29M	811.96M	711.84M	582.21M	494.93M	387.42M	354.66M	308.54M	286.76M	348.86M	506.22M	547.37M	914.81M	1,077.44M	1,229.13M	1,525.44M	1,630.20M	1,777.41M	1,528.88M	1,596.91M	1,244.33M
Tangible Equity	-311.41M	211.39M	19.87M	-0.20M	-16.82M	152.14M	236.33M	382.08M	335.91M	337.42M	302.61M	263.57M	190.56M	137.39M	123.63M	122.90M	104.21M	99.85M	56.26M	91.90M	58.26M	75.79M	226.26M	217.25M	365.30M	240.63M	425.17M	592.97M	335.24M	462.82M	372.75M
Tangible Book Value	-311.41M	211.39M	19.87M	-0.20M	-16.82M	152.14M	236.33M	382.08M	335.91M	337.42M	302.61M	263.57M	190.56M	137.39M	123.63M	122.90M	104.21M	99.85M	56.26M	91.90M	58.26M	75.79M	226.26M	217.25M	365.30M	240.63M	425.17M	592.97M	335.24M	462.82M	372.75M
Total Investments	71.59M	77.77M	100.07M	60.19M	55.30M	40.52M	54.66M	53.82M	50.50M	39.14M	41.23M	37.80M	28.24M	20.83M	10.83M	12.54M	11.50M	8.82M	11.75M	8.15M	8.75M	6.88M	9.44M	6.33M	6.64M	13.67M	94.31M	80.24M	0.47M	0.20M	0.22M
Net Debt	253.67M	148.13M	167.10M	328.03M	106.54M	126.88M	82.14M	52.60M	59.71M	60.09M	39.03M	66.63M	84.51M	8.00M	-6.70M	-23.05M	-29.03M	-0.80M	0.04M	42.67M	65.43M	81.40M	125.78M	148.42M	163.24M	508.24M	300.87M	625.42M	326.31M	477.84M	561.70M

Industry Capital

Metric	MRQ	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	1995
Working Capital	134.48M	380.19M	395.56M	305.03M	273.54M	371.69M	186.37M	155.41M	58.64M	186.59M	196.38M	314.81M	141.41M	105.48M	97.69M	101.98M	85.60M	84.92M	85.79M	78.88M	136.25M	154.48M	239.95M	231.84M	205.39M	300.45M	245.66M	444.79M	175.31M	212.07M	202.34M
Total Capital	1,401.64M	1,900.73M	1,847.33M	2,004.12M	1,879.56M	1,589.00M	1,219.12M	1,062.86M	964.34M	868.59M	744.66M	670.40M	699.63M	514.34M	463.92M	280.01M	266.73M	250.41M	248.26M	265.78M	316.20M	490.79M	897.65M	917.03M	1,011.36M	1,644.25M	1,508.99M	1,698.51M	1,471.19M	1,469.24M	1,352.13M
Capital Employed	1,966.55M	2,245.37M	2,096.65M	2,060.79M	1,933.54M	1,708.36M	1,323.29M	1,460.57M	1,215.58M	1,127.32M	961.59M	1,054.34M	943.06M	566.75M	469.17M	370.44M	275.38M	301.46M	270.83M	361.20M	655.74M	683.01M	982.66M	1,097.41M	1,565.06M	1,629.70M	1,813.15M	2,563.73M	1,864.34M	1,836.77M	1,732.70M
Invested Capital	1,249.67M	1,617.68M	1,575.12M	1,754.14M	1,608.55M	1,295.35M	1,034.77M	876.76M	796.36M	696.21M	577.11M	526.40M	586.55M	413.81M	377.30M	210.58M	195.79M	197.35M	203.23M	220.01M	270.15M	417.13M	819.99M	839.70M	943.19M	1,579.45M	1,433.99M	1,630.10M	1,397.18M	1,376.93M	1,285.59M

Industry Cash Flow Statement

Metric	TTM	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	1995
Depreciation & Amortization	82.16M	78.58M	81.08M	91.11M	96.94M	86.17M	66.09M	47.35M	42.67M	41.05M	37.99M	35.39M	30.38M	26.20M	23.19M	19.30M	17.20M	15.15M	13.30M	29.76M	44.89M	52.21M	63.70M	77.15M	100.01M	90.55M	114.24M	105.07M	153.14M	102.04M	94.02M
Deferred Income Tax	0.09M	0.00M	-1.55M	-2.62M	-4.55M	-2.93M	-1.58M	-0.51M	-2.07M	-0.35M	-0.39M	0.00M	0.00M	-0.01M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.08M	0.33M	0.73M	1.33M	-0.22M	0.40M	0.82M	3.43M	0.08M
Stock-Based Compensation	2.61M	3.20M	4.65M	2.66M	3.62M	3.23M	2.39M	0.92M	0.61M	0.66M	0.79M	0.69M	0.57M	0.28M	0.16M	0.07M	0.00M	0.00M	0.00M	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	-5.37M	-16.14M	6.90M	-42.81M	-11.69M	3.35M	-0.48M	-17.69M	-17.96M	0.05M	-4.20M	-3.47M	-6.96M	-2.51M	-10.07M	-1.16M	0.71M	-5.26M	-5.70M	-5.20M	-2.91M	8.83M	1.64M	17.34M	-0.02M	-16.19M	-7.62M	-50.29M	-2.43M	-22.47M	-24.30M
Accounts Receivable	-3.94M	-13.39M	-0.29M	-9.66M	-10.32M	5.41M	-4.01M	-12.63M	-7.54M	-8.86M	-3.31M	-5.12M	-5.49M	-1.47M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-0.05M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Inventory	0.25M	-7.46M	12.57M	-27.40M	-24.38M	-7.97M	-3.61M	-16.96M	-8.34M	0.30M	-7.33M	-4.28M	-5.36M	-2.43M	-7.28M	-3.68M	-0.05M	-4.77M	-5.66M	-4.40M	-2.83M	-2.78M	-2.99M	1.06M	-5.70M	-14.63M	2.51M	-15.30M	-9.72M	2.73M	-7.95M
Accounts Payable	0.12M	5.37M	0.98M	4.52M	18.10M	4.02M	4.31M	8.01M	6.80M	5.53M	4.80M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	9.13M	-0.40M	-3.38M	-4.41M	-0.63M	2.88M	1.34M	-1.79M	-5.76M	2.57M	2.71M	3.05M	1.16M	-0.04M	-1.53M	1.31M	-0.48M	0.34M	-0.02M	0.78M	0.60M	5.18M	0.25M	6.74M	3.15M	5.63M	-2.19M	-1.69M	6.59M	-15.89M	9.03M
Other Non-Cash Items	8.89M	10.87M	2.65M	1.75M	-2.02M	5.58M	-2.07M	1.70M	0.57M	-1.56M	9.69M	1.70M	0.59M	-2.19M	-2.70M	-0.85M	-3.75M	0.29M	-0.57M	-1.71M	0.90M	-0.85M	-1.11M	3.85M	9.61M	3.39M	14.95M	-24.22M	-2.72M	-1.50M	31.17M
Net Cash from Operating Activities	183.01M	202.96M	213.20M	155.64M	233.02M	221.60M	203.48M	169.52M	190.22M	171.21M	140.96M	164.72M	133.34M	104.81M	75.10M	76.20M	68.12M	57.49M	45.56M	57.31M	96.73M	171.85M	207.64M	257.91M	245.50M	281.94M	208.07M	303.89M	358.38M	295.51M	265.15M
Capital Expenditures (PPE)	-64.06M	-75.38M	-70.31M	-67.25M	-77.64M	-62.96M	-64.86M	-52.68M	-55.90M	-53.64M	-44.70M	-45.29M	-45.53M	-29.75M	-33.14M	-21.56M	-21.88M	-20.94M	-24.50M	-24.75M	-33.75M	-46.53M	-70.68M	-90.68M	-89.68M	-124.41M	-183.68M	-219.40M	-201.34M	-260.31M	-270.40M
Acquisitions (Net)	0.21M	-2.36M	-1.03M	-2.49M	-5.02M	-8.25M	-2.36M	-2.21M	-8.34M	-3.38M	-1.52M	-3.87M	-1.44M	-1.74M	-1.11M	-0.41M	-0.25M	-0.81M	-0.43M	0.01M	-0.67M	-1.61M	-7.05M	-0.83M	-4.31M	-51.07M	0.00M	0.00M	0.00M	-3.28M	0.00M
Purchases of Investments	-23.69M	-59.01M	-57.14M	-51.09M	-49.53M	-49.95M	-62.58M	-50.19M	-48.84M	-27.41M	-36.58M	-25.20M	-17.01M	-3.69M	-3.66M	-6.68M	-2.55M	-3.31M	-4.25M	-4.07M	-3.19M	-4.31M	-2.53M	-1.29M	-2.06M	-2.56M	-2.23M	-0.43M	-11.08M	-1.95M	0.00M
Sales / Maturities of Investments	18.37M	60.35M	28.45M	63.54M	45.08M	60.31M	58.06M	59.77M	43.08M	39.58M	40.29M	14.53M	11.32M	5.63M	8.70M	3.56M	3.42M	5.22M	2.34M	2.46M	2.54M	4.79M	1.82M	2.41M	2.12M	11.85M	4.56M	24.14M	3.29M	0.58M	0.43M
Other Investing Activities	2.05M	3.19M	2.37M	1.51M	1.25M	4.37M	1.95M	1.91M	1.71M	0.25M	2.63M	0.87M	1.93M	0.87M	-0.72M	0.39M	1.54M	2.82M	0.66M	2.36M	6.25M	3.02M	2.26M	2.55M	2.56M	8.84M	2.14M	3.59M	16.45M	16.88M	66.81M
Net Cash from Investing Activities	-72.94M	-72.19M	-77.45M	-68.10M	-80.10M	-76.44M	-53.96M	-46.22M	-79.44M	-103.83M	-61.14M	-79.43M	-57.18M	-59.75M	-51.45M	-37.24M	-25.13M	-20.77M	-25.10M	-14.98M	-31.45M	-46.84M	-94.68M	-108.72M	-97.65M	-250.62M	-115.21M	-222.39M	-216.31M	-163.79M	-189.19M
Net Debt Issuance	-6.11M	-13.55M	-20.49M	3.09M	-7.93M	-2.89M	-8.01M	-6.52M	11.54M	12.12M	6.16M	2.27M	6.37M	3.60M	5.88M	-1.71M	-3.11M	-0.22M	0.81M	-0.66M	2.70M	3.75M	1.05M	-3.14M	0.09M	40.41M	-0.10M	47.14M	-21.43M	-20.11M	10.07M
Long-Term Debt Issuance	-1.89M	-3.32M	-13.72M	11.52M	-4.61M	-0.59M	-5.23M	2.92M	7.11M	11.79M	5.33M	3.12M	4.19M	3.16M	7.25M	-0.48M	-1.10M	0.78M	0.80M	-0.46M	1.92M	1.03M	1.27M	-2.98M	0.19M	1.14M	-0.02M	29.38M	-5.42M	-11.21M	-6.30M
Short-Term Debt Issuance	-2.70M	0.89M	-0.83M	-0.27M	-0.02M	-0.98M	-0.32M	-2.48M	0.86M	-0.20M	-0.26M	-0.08M	-0.41M	-0.01M	0.27M	-0.40M	-0.13M	0.03M	0.06M	-0.08M	0.45M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Stock Issuance	-4.27M	-6.29M	-1.92M	-13.03M	-2.09M	-0.61M	-0.27M	-2.96M	-1.66M	-6.37M	-0.63M	-0.34M	-0.07M	0.01M	0.30M	0.27M	0.06M	-0.16M	-0.10M	-1.21M	-1.92M	0.00M	0.28M	0.00M	-0.26M	-10.56M	-0.31M	0.15M	0.80M	0.95M	2.22M
Common Stock Issuance	0.00M	0.01M	0.03M	0.35M	1.21M	0.10M	0.07M	0.12M	0.39M	0.07M	0.49M	0.15M	0.12M	0.12M	0.75M	0.54M	0.30M	0.17M	0.98M	1.04M	0.82M	1.89M	3.02M	2.63M	2.62M	1.83M	2.21M	16.53M	19.75M	12.11M	17.30M
Common Stock Repurchased	-4.08M	-6.45M	-2.15M	-7.06M	-2.43M	-1.17M	-0.97M	-3.63M	-1.60M	-3.90M	-0.70M	-0.64M	-0.33M	-0.01M	-0.06M	-0.02M	-0.01M	-0.14M	-0.16M	-1.51M	-1.76M	-6.89M	-0.11M	-0.05M	-1.50M	-19.79M	-2.64M	-2.63M	-8.16M	-6.81M	-1.12M
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
Net Dividends Paid	-37.23M	-64.85M	-59.77M	-61.31M	-73.61M	-57.26M	-47.69M	-37.46M	-48.77M	-29.20M	-30.10M	-26.81M	-34.22M	-11.97M	-10.31M	-9.48M	-8.35M	-8.14M	-8.13M	-19.16M	-25.98M	-20.72M	-52.21M	-51.29M	-55.99M	-54.09M	-55.35M	-43.83M	-38.58M	-40.11M	-32.62M
Common Dividends Paid	-37.23M	-64.85M	-59.23M	-60.88M	-72.97M	-50.58M	-47.44M	-36.79M	-48.33M	-28.16M	-29.77M	-26.31M	-33.67M	-11.08M	-10.03M	-9.24M	-8.16M	-7.98M	-7.92M	-18.94M	-23.74M	-18.81M	-50.05M	-50.96M	-55.98M	-69.11M	-55.35M	-61.80M	-38.58M	-40.11M	-32.62M
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
Other Financing Activities	-14.60M	-14.15M	-14.76M	-13.52M	-8.10M	-9.37M	-8.77M	-2.60M	-2.32M	-0.79M	-1.59M	-1.32M	-2.31M	-1.76M	-1.20M	-0.79M	-0.59M	0.03M	-0.11M	0.66M	-0.29M	-0.80M	-1.31M	-2.93M	0.04M	-0.84M	-3.69M	-5.79M	9.07M	-0.02M	0.00M
Net Cash from Financing Activities	-123.19M	-124.92M	-156.41M	-95.82M	-123.02M	-79.98M	-89.72M	-83.04M	-33.06M	-35.63M	-44.05M	-41.38M	-40.97M	-16.88M	-14.31M	-10.77M	-13.07M	-12.54M	-18.58M	-30.88M	-60.04M	-70.55M	-50.51M	-60.89M	-148.43M	-25.20M	-95.80M	-27.60M	-31.09M	-85.40M	-17.64M
Effect of FX on Cash	0.25M	0.32M	-1.04M	-1.24M	1.32M	-1.32M	-0.51M	-0.68M	-0.34M	-1.14M	-0.42M	0.82M	0.08M	-0.14M	-0.16M	-0.09M	-0.26M	-0.16M	0.34M	0.41M	0.06M	0.15M	0.53M	0.17M	-0.33M	-0.94M	-0.29M	-2.94M	1.17M	-6.55M	-1.17M
Net Change in Cash	-14.26M	-4.37M	16.44M	-14.16M	-9.94M	47.73M	16.61M	8.08M	6.91M	4.41M	5.73M	8.00M	14.03M	7.86M	11.07M	4.13M	10.02M	-2.26M	4.55M	1.03M	-1.50M	6.46M	6.65M	8.05M	11.39M	-13.46M	10.02M	6.02M	7.76M	-0.25M	-4.70M
Cash at Beginning of Period	210.25M	275.65M	242.52M	269.85M	289.66M	178.98M	184.88M	176.31M	175.99M	165.14M	147.35M	134.81M	110.45M	81.20M	77.94M	77.76M	58.77M	59.72M	43.51M	40.65M	74.31M	64.54M	85.20M	99.13M	64.90M	71.74M	79.84M	76.20M	98.09M	80.86M	31.18M
Cash at End of Period	173.46M	309.20M	273.93M	240.91M	270.78M	288.81M	181.32M	180.42M	174.73M	175.76M	165.81M	141.62M	114.45M	99.56M	84.72M	75.10M	75.83M	58.58M	57.05M	52.16M	58.59M	93.50M	83.83M	84.52M	100.81M	71.58M	112.35M	95.16M	114.49M	55.32M	5.07M
Operating Cash Flow	171.72M	202.96M	212.73M	155.71M	233.02M	221.72M	203.48M	169.52M	190.22M	171.21M	140.96M	164.72M	133.24M	104.73M	75.04M	76.18M	68.12M	57.49M	45.56M	57.31M	96.61M	171.85M	207.64M	257.91M	245.50M	281.94M	208.07M	303.89M	358.38M	295.51M	265.15M
Capital Expenditure	-62.61M	-77.09M	-78.12M	-67.26M	-77.64M	-62.97M	-65.04M	-52.68M	-55.86M	-54.11M	-44.70M	-45.29M	-45.53M	-30.32M	-33.02M	-21.44M	-21.88M	-20.94M	-24.50M	-24.74M	-33.84M	-46.42M	-70.68M	-90.68M	-89.68M	-124.41M	-183.68M	-219.40M	-201.34M	-260.31M	-270.40M
Free Cash Flow	121.13M	106.57M	127.19M	93.83M	161.22M	161.84M	145.13M	87.23M	101.07M	127.08M	93.52M	103.63M	91.56M	57.81M	41.62M	39.63M	39.49M	28.62M	28.02M	34.63M	58.13M	86.00M	121.77M	136.98M	150.71M	155.48M	90.88M	107.78M	153.19M	155.67M	69.30M

Industry Free Cash Flow

Metric	TTM	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	1995
EBITDA	288.44M	261.92M	254.58M	274.55M	330.77M	242.05M	271.74M	231.31M	185.01M	227.49M	196.75M	179.64M	149.02M	128.69M	116.61M	95.78M	79.45M	54.31M	54.25M	85.51M	111.62M	137.37M	279.10M	305.27M	293.30M	546.44M	561.16M	509.30M	525.73M	460.30M	380.62M
(-) Tax Adjustment	80.11M	67.60M	70.96M	77.10M	79.49M	71.53M	97.91M	72.35M	40.21M	50.52M	53.56M	53.89M	45.62M	41.22M	35.27M	25.33M	19.96M	19.86M	19.98M	24.31M	33.15M	61.01M	106.26M	100.95M	107.65M	209.56M	235.15M	203.85M	184.17M	168.54M	175.76M
(-) Change In Working Capital	-5.37M	-16.14M	6.90M	-42.81M	-11.69M	3.35M	-0.48M	-17.69M	-17.96M	0.05M	-4.20M	-3.47M	-6.96M	-2.51M	-10.07M	-1.16M	0.71M	-5.26M	-5.70M	-5.20M	-2.91M	8.83M	1.64M	17.34M	-0.02M	-16.19M	-7.62M	-50.29M	-2.43M	-22.47M	-24.30M
(-) Capital Expenditure	62.61M	77.09M	78.12M	67.26M	77.64M	62.97M	65.04M	52.68M	55.86M	54.11M	44.70M	45.29M	45.53M	30.32M	33.02M	21.44M	21.88M	20.94M	24.50M	24.74M	33.84M	46.42M	70.68M	90.68M	89.68M	124.41M	183.68M	219.40M	201.34M	260.31M	270.40M
Unlevered Free Cash Flow	151.09M	133.38M	98.61M	173.00M	185.33M	104.19M	109.27M	123.98M	106.89M	122.81M	102.68M	83.93M	64.83M	59.67M	58.39M	50.15M	36.91M	18.77M	15.48M	41.66M	47.54M	21.12M	100.52M	96.31M	95.99M	228.66M	149.96M	136.34M	142.65M	53.92M	-41.24M
(-) Net Interest Income After Taxes	-14.24M	-17.95M	-14.51M	-12.91M	-8.37M	-9.85M	-8.55M	-5.43M	-6.31M	-4.00M	-2.89M	-3.62M	-3.56M	-1.90M	-3.36M	-1.94M	-1.83M	-1.77M	-0.67M	-1.18M	-0.84M	-0.60M	-0.81M	-0.49M	-0.18M	-0.24M	-0.20M	-0.27M	-0.33M	-0.99M	-1.69M
Net Debt Issuance	-6.11M	-13.55M	-20.49M	3.09M	-7.93M	-2.89M	-8.01M	-6.52M	11.54M	12.12M	6.16M	2.27M	6.37M	3.60M	5.88M	-1.71M	-3.11M	-0.22M	0.81M	-0.66M	2.70M	3.75M	1.05M	-3.14M	0.09M	40.41M	-0.10M	47.14M	-21.43M	-20.11M	10.07M
Levered Free Cash Flow	159.22M	137.77M	92.63M	189.00M	185.77M	111.16M	109.81M	122.89M	124.74M	138.93M	111.74M	89.82M	74.77M	65.17M	67.63M	50.38M	35.63M	20.33M	16.95M	42.17M	51.08M	25.47M	102.38M	93.66M	96.26M	269.31M	150.06M	183.75M	121.54M	34.81M	-29.48M