Apple Inc. (AAPL)

Industry: Consumer Electronics Sector: Technology Currency Used: US Live Price: $259.96

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	255.46	201.08	224.81	216.37	180.65	149.19	144.38	98.65	56.03	45.93	38.19	26.73	29.55	23.97	16.80	21.08	13.28	9.94	5.72	4.71	5.08	2.52	1.84	0.72	0.33	0.31	0.37	0.76	0.42	0.30	0.15	0.20
Market Capitalization	3,818,743.81M	2,996,672.32M	3,360,875.53M	3,293,104.82M	2,826,260.41M	2,402,566.73M	2,389,011.33M	1,688,878.60M	1,020,637.90M	875,182.84M	789,518.82M	577,474.15M	672,898.81M	572,574.39M	432,870.13M	547,119.01M	344,762.22M	254,424.87M	143,842.64M	116,497.52M	123,693.55M	60,032.96M	42,172.76M	15,501.38M	6,758.78M	6,252.52M	7,267.10M	13,798.61M	6,933.79M	4,461.40M	2,155.21M	2,823.64M
(-) Cash & Equivalents	33,539.00M	36,269.00M	32,656.67M	29,625.50M	30,955.00M	24,945.25M	36,143.75M	36,895.75M	44,283.25M	36,928.50M	20,377.00M	19,151.50M	16,904.25M	16,312.00M	12,909.25M	11,241.50M	12,048.50M	10,429.50M	5,735.75M	9,388.50M	8,181.75M	6,977.50M	3,247.25M	2,930.50M	3,509.25M	1,817.25M	2,128.75M	1,504.00M	1,485.67M	1,297.50M	1,178.50M	1,146.25M
(+) Total Debt	112,377.00M	101,698.00M	104,087.00M	105,438.00M	112,716.25M	120,815.50M	125,689.00M	118,817.00M	111,461.50M	116,413.25M	111,235.25M	84,847.00M	56,395.00M	29,925.00M	12,719.75M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	305.75M	315.75M	316.50M	302.20M	518.33M	959.25M	1,028.75M	1,014.00M
Enterprise Value	3,897,581.81M	3,062,101.32M	3,432,305.86M	3,368,917.32M	2,908,021.66M	2,498,436.98M	2,478,556.58M	1,770,799.85M	1,087,816.15M	954,667.59M	880,377.07M	643,169.65M	712,389.56M	586,187.39M	432,680.63M	535,877.51M	332,713.72M	243,995.37M	138,106.89M	107,109.02M	115,511.80M	53,055.46M	38,925.51M	12,570.88M	3,555.28M	4,751.02M	5,454.85M	12,596.81M	5,966.46M	4,123.15M	2,005.46M	2,691.39M

Income Statement

Metric	TTM	TTM-1	2025-09-27	2024-09-28	2023-09-30	2022-09-24	2021-09-25	2020-09-26	2019-09-28	2018-09-29	2017-09-30	2016-09-24	2015-09-26	2014-09-27	2013-09-28	2012-09-29	2011-09-24	2010-09-25	2009-09-26	2008-09-27	2007-09-29	2006-09-30	2005-09-24	2004-09-25	2003-09-27	2002-09-28	2001-09-29	2000-09-30	1999-09-25	1998-09-25	1997-09-26	1996-09-27
Revenue	416,161M	391,035M	416,161M	391,035M	383,285M	394,328M	365,817M	274,515M	260,174M	265,595M	229,234M	215,639M	233,715M	182,795M	170,910M	156,508M	108,249M	65,225M	42,905M	32,479M	24,006M	19,315M	13,931M	8,279M	6,207M	5,742M	5,363M	7,983M	6,134M	5,941M	7,081M	9,833M
Cost of Revenue	220,960M	210,352M	220,960M	210,352M	214,137M	223,546M	212,981M	169,559M	161,782M	163,756M	141,048M	131,376M	140,089M	112,258M	106,606M	87,846M	64,431M	39,541M	25,683M	21,334M	15,852M	13,717M	9,889M	6,022M	4,499M	4,139M	4,128M	5,817M	4,438M	4,462M	5,713M	8,865M
Gross Profit	195,201M	180,683M	195,201M	180,683M	169,148M	170,782M	152,836M	104,956M	98,392M	101,839M	88,186M	84,263M	93,626M	70,537M	64,304M	68,662M	43,818M	25,684M	17,222M	11,145M	8,154M	5,598M	4,042M	2,257M	1,708M	1,603M	1,235M	2,166M	1,696M	1,479M	1,368M	968M
Gross Profit Margin	46.9%	46.2%	46.9%	46.2%	44.1%	43.3%	41.8%	38.2%	37.8%	38.3%	38.5%	39.1%	40.1%	38.6%	37.6%	43.9%	40.5%	39.4%	40.1%	34.3%	34.0%	29.0%	29.0%	27.3%	27.5%	27.9%	23.0%	27.1%	27.6%	24.9%	19.3%	9.8%
R&D Expenses	34,550M	31,370M	34,550M	31,370M	29,915M	26,251M	21,914M	18,752M	16,217M	14,236M	11,581M	10,045M	8,067M	6,041M	4,475M	3,381M	2,429M	1,782M	1,333M	1,109M	782M	712M	535M	491M	471M	447M	441M	380M	314M	310M	860M	604M
SG&A Expenses	27,601M	26,097M	27,601M	26,097M	24,932M	25,094M	21,973M	19,916M	18,245M	16,705M	15,261M	14,194M	14,329M	11,993M	10,830M	10,040M	7,599M	5,517M	4,149M	3,761M	2,963M	2,433M	1,864M	1,430M	1,212M	1,109M	1,138M	1,166M	996M	908M	1,286M	1,568M
Operating Expenses	62,151M	57,467M	62,151M	57,467M	54,847M	51,345M	43,887M	38,668M	34,462M	30,941M	26,842M	24,239M	22,396M	18,034M	15,305M	13,421M	10,028M	7,299M	5,482M	4,870M	3,745M	3,145M	2,399M	1,944M	1,709M	1,586M	1,579M	1,644M	1,337M	1,218M	2,438M	2,351M
Operating Income (EBIT)	133,050M	123,216M	133,050M	123,216M	114,301M	119,437M	108,949M	66,288M	63,930M	70,898M	61,344M	60,024M	71,230M	52,503M	48,999M	55,241M	33,790M	18,385M	11,740M	6,275M	4,409M	2,453M	1,643M	313M	-1M	17M	-344M	522M	359M	261M	-1,070M	-1,383M
Operating Income Margin	32.0%	31.5%	32.0%	31.5%	29.8%	30.3%	29.8%	24.1%	24.6%	26.7%	26.8%	27.8%	30.5%	28.7%	28.7%	35.3%	31.2%	28.2%	27.4%	19.3%	18.4%	12.7%	11.8%	3.8%	0.0%	0.3%	-6.4%	6.5%	5.9%	4.4%	-15.1%	-14.1%
Interest Income	0M	0M	0M	0M	3,750M	2,825M	2,843M	3,763M	4,961M	5,686M	5,201M	3,999M	2,921M	1,795M	1,616M	1,088M	519M	311M	407M	653M	647M	394M	183M	64M	69M	118M	218M	210M	144M	100M	82M	60M
Interest Expense	0M	0M	0M	0M	3,933M	2,931M	2,645M	2,873M	3,576M	3,240M	2,323M	1,456M	733M	384M	136M	0M	0M	0M	0M	0M	0M	0M	0M	3M	8M	11M	16M	21M	47M	62M	71M	60M
Net Interest Income	0M	0M	0M	0M	-183M	-106M	198M	890M	1,385M	2,446M	2,878M	2,543M	2,188M	1,411M	1,480M	1,088M	519M	311M	407M	653M	647M	394M	183M	61M	61M	107M	202M	189M	97M	38M	11M	0M
Unusual Items	-321M	269M	-321M	269M	-382M	-228M	60M	-87M	422M	-441M	-133M	-1,195M	-903M	-431M	-324M	-566M	-104M	-156M	-81M	-33M	-48M	-29M	-18M	-4M	32M	-37M	90M	381M	220M	30M	14M	88M
EBT Excluding Unusual Items	133,050M	123,216M	133,050M	123,216M	114,118M	119,331M	109,147M	67,178M	65,315M	73,344M	64,222M	62,567M	73,418M	53,914M	50,479M	56,329M	34,309M	18,696M	12,147M	6,928M	5,056M	2,847M	1,826M	374M	60M	124M	-142M	711M	456M	299M	-1,059M	-1,383M
Pre-Tax Income	132,729M	123,485M	132,729M	123,485M	113,736M	119,103M	109,207M	67,091M	65,737M	72,903M	64,089M	61,372M	72,515M	53,483M	50,155M	55,763M	34,205M	18,540M	12,066M	6,895M	5,008M	2,818M	1,808M	370M	92M	87M	-52M	1,092M	676M	329M	-1,045M	-1,295M
Pre-Tax Margin	31.9%	31.6%	31.9%	31.6%	29.7%	30.2%	29.9%	24.4%	25.3%	27.4%	28.0%	28.5%	31.0%	29.3%	29.3%	35.6%	31.6%	28.4%	28.1%	21.2%	20.9%	14.6%	13.0%	4.5%	1.5%	1.5%	-1.0%	13.7%	11.0%	5.5%	-14.8%	-13.2%
Income Tax Expense	20,719M	29,749M	20,719M	29,749M	16,741M	19,300M	14,527M	9,680M	10,481M	13,372M	15,738M	15,685M	19,121M	13,973M	13,118M	14,030M	8,283M	4,527M	3,831M	2,061M	1,512M	829M	480M	104M	24M	22M	-15M	306M	75M	20M	0M	-479M
Net Income	112,010M	93,736M	112,010M	93,736M	96,995M	99,803M	94,680M	57,411M	55,256M	59,531M	48,351M	45,687M	53,394M	39,510M	37,037M	41,733M	25,922M	14,013M	8,235M	4,834M	3,495M	1,989M	1,328M	266M	69M	65M	-25M	786M	601M	309M	-1,045M	-816M
Net Income Margin	26.9%	24.0%	26.9%	24.0%	25.3%	25.3%	25.9%	20.9%	21.2%	22.4%	21.1%	21.2%	22.8%	21.6%	21.7%	26.7%	23.9%	21.5%	19.2%	14.9%	14.6%	10.3%	9.5%	3.2%	1.1%	1.1%	-0.5%	9.8%	9.8%	5.2%	-14.8%	-8.3%
Depreciation & Amortization	11,698M	11,445M	11,698M	11,445M	11,519M	11,104M	11,284M	11,056M	12,547M	10,903M	10,157M	10,505M	11,257M	7,946M	6,757M	3,277M	1,814M	1,027M	734M	409M	317M	225M	179M	150M	113M	114M	100M	84M	85M	111M	118M	116M
EBITDA	144,748M	134,661M	144,748M	134,661M	125,820M	130,541M	120,233M	77,344M	76,477M	81,801M	71,501M	70,529M	82,487M	60,449M	55,756M	58,518M	35,604M	19,412M	12,474M	6,684M	4,726M	2,678M	1,822M	463M	112M	131M	-244M	606M	444M	372M	-952M	-1,267M
EBITDA Margin	34.8%	34.4%	34.8%	34.4%	32.8%	33.1%	32.9%	28.2%	29.4%	30.8%	31.2%	32.7%	35.3%	33.1%	32.6%	37.4%	32.9%	29.8%	29.1%	20.6%	19.7%	13.9%	13.1%	5.6%	1.8%	2.3%	-4.5%	7.6%	7.2%	6.3%	-13.4%	-12.9%
NOPAT	112,281M	93,532M	112,281M	93,532M	97,477M	100,083M	94,456M	56,724M	53,737M	57,894M	46,280M	44,684M	52,448M	38,786M	36,183M	41,342M	25,607M	13,896M	8,013M	4,399M	3,078M	1,731M	1,207M	225M	-1M	13M	-272M	376M	319M	245M	-845M	-1,093M
NOPAT Margin	27.0%	23.9%	27.0%	23.9%	25.4%	25.4%	25.8%	20.7%	20.7%	21.8%	20.2%	20.7%	22.4%	21.2%	21.2%	26.4%	23.7%	21.3%	18.7%	13.5%	12.8%	9.0%	8.7%	2.7%	0.0%	0.2%	-5.1%	4.7%	5.2%	4.1%	-11.9%	-11.1%
Owner's Earnings	110,993M	95,734M	110,993M	95,734M	97,555M	100,199M	94,879M	61,158M	57,308M	57,121M	45,713M	42,644M	53,163M	37,643M	34,718M	35,608M	20,284M	12,919M	7,756M	4,044M	2,826M	1,557M	1,247M	240M	18M	5M	-157M	763M	639M	364M	-980M	-767M
Owner's Earnings Margin	26.7%	24.5%	26.7%	24.5%	25.5%	25.4%	25.9%	22.3%	22.0%	21.5%	19.9%	19.8%	22.7%	20.6%	20.3%	22.8%	18.7%	19.8%	18.1%	12.5%	11.8%	8.1%	9.0%	2.9%	0.3%	0.1%	-2.9%	9.6%	10.4%	6.1%	-13.8%	-7.8%
EPS (Basic)	7.48	6.09	7.49	6.11	6.16	6.15	5.67	3.31	2.99	3.00	2.32	2.09	2.32	1.62	1.43	1.59	1.00	0.55	0.33	0.20	0.14	0.08	0.06	0.01	0.00	0.00	0.00	0.04	0.04	0.02	-0.07	-0.06
EPS (Diluted)	7.45	6.08	7.46	6.08	6.13	6.11	5.61	3.28	2.97	2.98	2.30	2.08	2.30	1.61	1.42	1.58	0.99	0.54	0.32	0.19	0.14	0.08	0.06	0.01	0.00	0.00	0.00	0.04	0.03	0.02	-0.07	-0.06
Shares (Basic)	14,982M	15,344M	14,949M	15,344M	15,744M	16,216M	16,701M	17,352M	18,471M	19,822M	20,869M	21,883M	23,014M	24,342M	25,909M	26,175M	25,879M	25,465M	25,004M	24,685M	24,209M	23,634M	22,636M	20,809M	20,195M	19,881M	19,354M	18,176M	16,034M	14,781M	14,119M	13,858M
Shares (Diluted)	15,040M	15,408M	15,005M	15,408M	15,813M	16,326M	16,865M	17,528M	18,596M	20,000M	21,007M	22,001M	23,172M	24,491M	26,087M	26,470M	26,226M	25,892M	25,396M	25,260M	24,900M	24,571M	23,993M	21,694M	20,354M	20,260M	19,354M	20,178M	19,506M	18,807M	14,119M	13,858M

Product Segments

Metric	TTM	TTM-1	2025-09-27	2024-09-28	2023-09-30	2022-09-24	2021-09-25	2020-09-26	2019-09-28	2018-09-29	2017-09-30	2016-09-24	2015-09-26	2014-09-27	2013-09-28	2012-09-29	2011-09-24	2010-09-25
Desktops	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	6,439.00M	—
Mac	33,708.00M	29,984.00M	33,708.00M	29,984.00M	29,357.00M	40,177.00M	35,190.00M	28,622.00M	25,740.00M	25,484.00M	25,850.00M	22,831.00M	25,471.00M	24,079.00M	21,483.00M	23,221.00M	—	—
Other music related products and services	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	6,314.00M	—
Peripherals and Other Hardware	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2,330.00M	—
Portables	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	15,344.00M	—
Retail	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	9,798.00M
Service	109,158.00M	96,169.00M	109,158.00M	96,169.00M	85,200.00M	78,129.00M	68,425.00M	53,768.00M	46,291.00M	37,190.00M	29,980.00M	24,348.00M	19,909.00M	—	—	—	—	—
Software, service and other net sales	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	2,954.00M	—
Total Mac net sales	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	21,783.00M	—
Wearables, Home and Accessories	35,686.00M	37,005.00M	35,686.00M	37,005.00M	39,845.00M	41,241.00M	38,367.00M	30,620.00M	24,482.00M	—	—	—	—	6,093.00M	5,706.00M	—	—	—
iPad	28,023.00M	26,694.00M	28,023.00M	26,694.00M	28,300.00M	29,292.00M	31,862.00M	23,724.00M	21,280.00M	18,805.00M	19,222.00M	20,628.00M	23,227.00M	30,283.00M	31,980.00M	32,424.00M	—	—
iPad and related products and services	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	20,358.00M	—
iPhone	209,586.00M	201,183.00M	209,586.00M	201,183.00M	200,583.00M	205,489.00M	191,973.00M	137,781.00M	142,381.00M	166,699.00M	141,319.00M	136,700.00M	155,041.00M	101,991.00M	91,279.00M	80,477.00M	—	—
iPhone and related products and services	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	47,057.00M	—
iPod	—	—	—	—	—	—	—	—	—	—	—	—	—	2,286.00M	4,411.00M	5,615.00M	7,453.00M	—
iTunes, Software And Service	—	—	—	—	—	—	—	—	—	—	—	—	—	18,063.00M	16,051.00M	—	—	—

Geographic Segments

Metric	TTM	TTM-1	2025-09-27	2024-09-28	2023-09-30	2022-09-24	2021-09-25	2020-09-26	2019-09-28	2018-09-29	2017-09-30	2016-09-24	2015-09-26	2014-09-27	2013-09-28	2012-09-29	2011-09-24	2010-09-25
Americas Segment	178,353.00M	167,045.00M	178,353.00M	167,045.00M	162,560.00M	169,658.00M	153,306.00M	124,556.00M	116,914.00M	112,093.00M	96,600.00M	86,613.00M	93,864.00M	65,232.00M	62,739.00M	57,512.00M	38,315.00M	24,498.00M
Europe Segment	111,032.00M	101,328.00M	111,032.00M	101,328.00M	94,294.00M	95,118.00M	89,307.00M	68,640.00M	60,288.00M	62,420.00M	54,938.00M	49,952.00M	50,337.00M	40,929.00M	37,883.00M	36,323.00M	27,778.00M	18,692.00M
Greater China Segment	64,377.00M	66,952.00M	64,377.00M	66,952.00M	72,559.00M	74,200.00M	68,366.00M	40,308.00M	43,678.00M	51,942.00M	44,764.00M	48,492.00M	58,715.00M	29,846.00M	25,417.00M	—	—	—
Japan Segment	28,703.00M	25,052.00M	28,703.00M	25,052.00M	24,257.00M	25,977.00M	28,482.00M	21,418.00M	21,506.00M	21,733.00M	17,733.00M	16,928.00M	15,706.00M	14,982.00M	13,462.00M	10,571.00M	5,437.00M	3,981.00M
Other Countries	—	—	—	—	—	—	—	—	—	—	—	—	—	21,462.00M	20,228.00M	18,828.00M	14,127.00M	9,798.00M
Rest of Asia Pacific Segment	33,696.00M	30,658.00M	33,696.00M	30,658.00M	29,615.00M	29,375.00M	26,356.00M	19,593.00M	17,788.00M	17,407.00M	15,199.00M	13,654.00M	15,093.00M	10,344.00M	11,181.00M	33,274.00M	22,592.00M	8,256.00M

Balance Sheet

Metric	MRQ	MRQ-1	2025-09-27	2024-09-28	2023-09-30	2022-09-24	2021-09-25	2020-09-26	2019-09-28	2018-09-29	2017-09-30	2016-09-24	2015-09-26	2014-09-27	2013-09-28	2012-09-29	2011-09-24	2010-09-25	2009-09-26	2008-09-27	2007-09-29	2006-09-30	2005-09-24	2004-09-25	2003-09-27	2002-09-28	2001-09-29	2000-09-30	1999-09-25	1998-09-25	1997-09-26	1996-09-27
Cash & Cash Equivalents	35,934.00M	36,269.00M	35,934.00M	29,943.00M	29,965.00M	23,646.00M	34,940.00M	38,016.00M	48,844.00M	25,913.00M	20,289.00M	20,484.00M	21,120.00M	13,844.00M	14,259.00M	10,746.00M	9,815.00M	11,261.00M	5,263.00M	11,875.00M	9,352.00M	6,392.00M	3,491.00M	2,969.00M	3,396.00M	2,252.00M	2,310.00M	1,191.00M	1,326.00M	1,481.00M	1,230.00M	1,552.00M
Short-Term Investments	18,763.00M	19,103.00M	18,763.00M	35,228.00M	31,590.00M	24,658.00M	27,699.00M	52,927.00M	51,713.00M	40,388.00M	53,892.00M	46,671.00M	20,481.00M	11,233.00M	26,287.00M	18,383.00M	16,137.00M	14,359.00M	18,201.00M	10,236.00M	6,034.00M	3,718.00M	4,770.00M	2,495.00M	1,170.00M	2,085.00M	2,026.00M	2,836.00M	1,900.00M	819.00M	229.00M	193.00M
Cash & Short-Term Investments	54,697.00M	55,372.00M	54,697.00M	65,171.00M	61,555.00M	48,304.00M	62,639.00M	90,943.00M	100,557.00M	66,301.00M	74,181.00M	67,155.00M	41,601.00M	25,077.00M	40,546.00M	29,129.00M	25,952.00M	25,620.00M	23,464.00M	22,111.00M	15,386.00M	10,110.00M	8,261.00M	5,464.00M	4,566.00M	4,337.00M	4,336.00M	4,027.00M	3,226.00M	2,300.00M	1,459.00M	1,745.00M
Net Receivables	72,957.00M	46,835.00M	72,957.00M	66,243.00M	60,985.00M	60,932.00M	51,506.00M	37,445.00M	45,804.00M	48,995.00M	35,673.00M	29,299.00M	30,343.00M	27,219.00M	20,641.00M	18,692.00M	11,717.00M	9,924.00M	5,057.00M	4,704.00M	4,029.00M	2,845.00M	1,312.00M	1,050.00M	950.00M	707.00M	466.00M	953.00M	681.00M	955.00M	1,035.00M	1,496.00M
Inventory	5,718.00M	5,925.00M	5,718.00M	7,286.00M	6,331.00M	4,946.00M	6,580.00M	4,061.00M	4,106.00M	3,956.00M	4,855.00M	2,132.00M	2,349.00M	2,111.00M	1,764.00M	791.00M	776.00M	1,051.00M	455.00M	509.00M	346.00M	270.00M	165.00M	101.00M	56.00M	45.00M	11.00M	33.00M	20.00M	78.00M	437.00M	662.00M
Other Current Assets	14,585.00M	14,359.00M	14,585.00M	14,287.00M	14,695.00M	21,223.00M	14,111.00M	11,264.00M	12,352.00M	12,087.00M	13,936.00M	8,283.00M	15,085.00M	14,124.00M	10,335.00M	9,041.00M	6,543.00M	5,083.00M	2,579.00M	2,682.00M	2,195.00M	1,284.00M	562.00M	440.00M	315.00M	299.00M	330.00M	414.00M	358.00M	365.00M	493.00M	612.00M
Total Current Assets	147,957.00M	122,491.00M	147,957.00M	152,987.00M	143,566.00M	135,405.00M	134,836.00M	143,713.00M	162,819.00M	131,339.00M	128,645.00M	106,869.00M	89,378.00M	68,531.00M	73,286.00M	57,653.00M	44,988.00M	41,678.00M	31,555.00M	30,006.00M	21,956.00M	14,509.00M	10,300.00M	7,055.00M	5,887.00M	5,388.00M	5,143.00M	5,427.00M	4,285.00M	3,698.00M	3,424.00M	4,515.00M
Property, Plant & Equipment	49,834.00M	48,508.00M	49,834.00M	45,680.00M	54,376.00M	52,534.00M	49,527.00M	45,336.00M	37,378.00M	41,304.00M	33,783.00M	27,010.00M	22,471.00M	20,624.00M	16,597.00M	15,452.00M	7,777.00M	4,768.00M	2,954.00M	2,455.00M	1,832.00M	1,281.00M	817.00M	707.00M	669.00M	621.00M	564.00M	419.00M	318.00M	348.00M	486.00M	598.00M
Goodwill	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	5,717.00M	5,414.00M	5,116.00M	4,616.00M	1,577.00M	1,135.00M	896.00M	741.00M	206.00M	207.00M	38.00M	38.00M	69.00M	80.00M	85.00M	85.00M	66.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Intangible Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	2,298.00M	3,206.00M	3,893.00M	4,142.00M	4,179.00M	4,224.00M	3,536.00M	342.00M	247.00M	285.00M	299.00M	139.00M	27.00M	17.00M	24.00M	34.00M	10.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Long-Term Investments	77,723.00M	77,614.00M	77,723.00M	91,479.00M	100,544.00M	120,805.00M	127,877.00M	100,887.00M	105,341.00M	170,799.00M	194,714.00M	170,430.00M	164,065.00M	130,162.00M	106,215.00M	92,122.00M	55,618.00M	25,391.00M	10,528.00M	2,379.00M	922.00M	0.00M	38.00M	25.00M	5.00M	39.00M	128.00M	786.00M	339.00M	0.00M	0.00M	0.00M
Tax Assets	20,777.00M	0.00M	20,777.00M	19,499.00M	17,852.00M	15,375.00M	0.00M	0.00M	0.00M	0.00M	-8,015.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	259.00M	104.00M	88.00M	0.00M	148.00M	86.00M	60.00M	70.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Assets	62,950.00M	82,882.00M	62,950.00M	55,335.00M	36,245.00M	28,636.00M	38,762.00M	33,952.00M	32,978.00M	22,283.00M	18,177.00M	8,757.00M	5,422.00M	3,764.00M	5,146.00M	5,478.00M	3,556.00M	2,263.00M	1,752.00M	735.00M	212.00M	1,238.00M	117.00M	80.00M	85.00M	61.00M	110.00M	171.00M	219.00M	243.00M	323.00M	251.00M
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	211,284.00M	209,004.00M	211,284.00M	211,993.00M	209,017.00M	217,350.00M	216,166.00M	180,175.00M	175,697.00M	234,386.00M	246,674.00M	214,817.00M	200,967.00M	163,308.00M	133,714.00M	118,411.00M	71,383.00M	33,505.00M	15,946.00M	6,165.00M	3,391.00M	2,696.00M	1,216.00M	995.00M	928.00M	910.00M	878.00M	1,376.00M	876.00M	591.00M	809.00M	849.00M
Total Assets	359,241.00M	331,495.00M	359,241.00M	364,980.00M	352,583.00M	352,755.00M	351,002.00M	323,888.00M	338,516.00M	365,725.00M	375,319.00M	321,686.00M	290,345.00M	231,839.00M	207,000.00M	176,064.00M	116,371.00M	75,183.00M	47,501.00M	36,171.00M	25,347.00M	17,205.00M	11,516.00M	8,050.00M	6,815.00M	6,298.00M	6,021.00M	6,803.00M	5,161.00M	4,289.00M	4,233.00M	5,364.00M
Accounts Payable	69,860.00M	50,374.00M	69,860.00M	68,960.00M	62,611.00M	64,115.00M	54,763.00M	42,296.00M	46,236.00M	55,888.00M	44,242.00M	37,294.00M	35,490.00M	30,196.00M	22,367.00M	21,175.00M	14,632.00M	12,015.00M	5,601.00M	5,520.00M	4,970.00M	3,390.00M	1,779.00M	1,451.00M	1,154.00M	911.00M	801.00M	1,157.00M	812.00M	719.00M	685.00M	791.00M
Short-Term Debt	20,329.00M	19,268.00M	20,329.00M	22,511.00M	17,382.00M	22,773.00M	17,141.00M	15,229.00M	16,240.00M	20,748.00M	18,473.00M	11,605.00M	10,999.00M	6,308.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	304.00M	0.00M	0.00M	0.00M	0.00M	0.00M	25.00M	186.00M
Tax Payables	0.00M	0.00M	0.00M	26,601.00M	8,819.00M	6,552.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	1,209.00M	1,200.00M	1,535.00M	1,140.00M	210.00M	430.00M	506.00M	488.00M	388.00M	196.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Deferred Revenue	9,055.00M	8,979.00M	9,055.00M	8,249.00M	8,061.00M	7,912.00M	7,612.00M	6,643.00M	5,522.00M	5,966.00M	7,548.00M	8,080.00M	8,940.00M	8,491.00M	7,435.00M	5,953.00M	4,091.00M	2,984.00M	2,053.00M	1,617.00M	1,391.00M	718.00M	527.00M	342.00M	368.00M	240.00M	184.00M	105.00M	0.00M	0.00M	0.00M	0.00M
Other Current Liabilities	66,387.00M	62,499.00M	66,387.00M	50,071.00M	48,435.00M	52,630.00M	45,965.00M	41,224.00M	37,720.00M	33,327.00M	30,551.00M	22,027.00M	25,181.00M	17,244.00M	12,656.00M	9,879.00M	8,107.00M	5,513.00M	3,422.00M	3,718.00M	2,431.00M	1,947.00M	985.00M	858.00M	531.00M	507.00M	533.00M	671.00M	737.00M	801.00M	1,108.00M	1,026.00M
Total Current Liabilities	165,631.00M	141,120.00M	165,631.00M	176,392.00M	145,308.00M	153,982.00M	125,481.00M	105,392.00M	105,718.00M	115,929.00M	100,814.00M	79,006.00M	80,610.00M	63,448.00M	43,658.00M	38,542.00M	27,970.00M	20,722.00M	11,506.00M	11,361.00M	9,280.00M	6,443.00M	3,487.00M	2,651.00M	2,357.00M	1,658.00M	1,518.00M	1,933.00M	1,549.00M	1,520.00M	1,818.00M	2,003.00M
Long-Term Debt	78,328.00M	82,430.00M	78,328.00M	96,548.00M	106,548.00M	109,707.00M	119,381.00M	107,049.00M	91,807.00M	93,735.00M	97,207.00M	75,427.00M	53,329.00M	28,987.00M	16,960.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	316.00M	317.00M	300.00M	300.00M	954.00M	951.00M	949.00M
Capital Lease Obligations	0.00M	0.00M	0.00M	12,430.00M	12,842.00M	12,411.00M	11,803.00M	9,842.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	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	426.00M	31,504.00M	26,019.00M	24,062.00M	20,259.00M	16,489.00M	13,847.00M	8,159.00M	4,300.00M	966.00M	999.00M	619.00M	381.00M	308.00M	113.00M	235.00M	229.00M	266.00M	463.00M	208.00M	173.00M	264.00M	354.00M
Other Non-Current Liabilities	41,549.00M	42,115.00M	41,549.00M	35,090.00M	38,581.00M	38,394.00M	43,050.00M	46,108.00M	50,503.00M	45,691.00M	8,911.00M	10,055.00M	9,365.00M	4,567.00M	3,719.00M	2,817.00M	1,941.00M	1,231.00M	2,536.00M	746.00M	67.00M	14.00M	12.00M	8.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Non-Current Liabilities	119,877.00M	124,545.00M	119,877.00M	144,068.00M	157,971.00M	160,512.00M	174,234.00M	162,999.00M	142,310.00M	139,852.00M	137,622.00M	111,501.00M	86,756.00M	53,813.00M	37,168.00M	16,664.00M	10,100.00M	5,531.00M	3,502.00M	1,745.00M	686.00M	395.00M	320.00M	121.00M	235.00M	545.00M	583.00M	763.00M	508.00M	1,127.00M	1,215.00M	1,303.00M
Total Liabilities	285,508.00M	265,665.00M	285,508.00M	320,460.00M	303,279.00M	314,494.00M	299,715.00M	268,391.00M	248,028.00M	255,781.00M	238,436.00M	190,507.00M	167,366.00M	117,261.00M	80,826.00M	55,206.00M	38,070.00M	26,253.00M	15,008.00M	13,106.00M	9,966.00M	6,838.00M	3,807.00M	2,772.00M	2,592.00M	2,203.00M	2,101.00M	2,696.00M	2,057.00M	2,647.00M	3,033.00M	3,306.00M
Preferred Stock	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	76.00M	150.00M	150.00M	150.00M	0.00M
Common Stock	93,568.00M	89,806.00M	93,568.00M	83,276.00M	73,812.00M	64,849.00M	57,365.00M	50,779.00M	45,174.00M	40,201.00M	35,867.00M	31,251.00M	27,416.00M	23,313.00M	19,764.00M	16,422.00M	13,331.00M	10,668.00M	8,210.00M	7,177.00M	5,368.00M	4,355.00M	3,564.00M	2,514.00M	1,926.00M	1,826.00M	1,693.00M	1,502.00M	1,349.00M	633.00M	498.00M	439.00M
Retained Earnings	-14,264.00M	-17,607.00M	-14,264.00M	-19,154.00M	-214.00M	-3,068.00M	5,562.00M	14,966.00M	45,898.00M	70,400.00M	98,330.00M	96,364.00M	92,284.00M	87,152.00M	104,256.00M	101,289.00M	62,841.00M	37,169.00M	23,353.00M	15,129.00M	9,101.00M	5,607.00M	3,925.00M	2,670.00M	2,394.00M	2,325.00M	2,260.00M	2,285.00M	1,499.00M	898.00M	589.00M	1,634.00M
Accumulated OCI	-5,571.00M	-6,369.00M	-5,571.00M	-7,172.00M	-11,452.00M	-11,109.00M	163.00M	-406.00M	-584.00M	-3,454.00M	-150.00M	634.00M	-345.00M	1,082.00M	-471.00M	499.00M	443.00M	-46.00M	77.00M	-9.00M	63.00M	22.00M	0.00M	-15.00M	-35.00M	-49.00M	-22.00M	244.00M	106.00M	-39.00M	-37.00M	-15.00M
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	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Shareholders’ Equity	73,733.00M	65,830.00M	73,733.00M	56,950.00M	62,146.00M	50,672.00M	63,090.00M	65,339.00M	90,488.00M	107,147.00M	134,047.00M	128,249.00M	119,355.00M	111,547.00M	123,549.00M	118,210.00M	76,615.00M	47,791.00M	31,640.00M	22,297.00M	14,532.00M	9,984.00M	7,489.00M	5,169.00M	4,285.00M	4,102.00M	3,931.00M	4,107.00M	3,104.00M	1,642.00M	1,200.00M	2,058.00M
Total Equity	73,733.00M	65,830.00M	73,733.00M	56,950.00M	62,146.00M	50,672.00M	63,090.00M	65,339.00M	90,488.00M	107,147.00M	134,047.00M	128,249.00M	119,355.00M	111,547.00M	123,549.00M	118,210.00M	76,615.00M	47,791.00M	31,640.00M	22,297.00M	14,532.00M	9,984.00M	7,489.00M	5,169.00M	4,285.00M	4,102.00M	3,931.00M	4,107.00M	3,104.00M	1,642.00M	1,200.00M	2,058.00M
Total Liabilities & Equity	359,241.00M	331,495.00M	359,241.00M	377,410.00M	365,425.00M	365,166.00M	362,805.00M	333,730.00M	338,516.00M	362,928.00M	372,483.00M	318,756.00M	286,721.00M	228,808.00M	204,375.00M	173,416.00M	114,685.00M	74,044.00M	46,648.00M	35,403.00M	24,498.00M	16,822.00M	11,296.00M	7,941.00M	6,877.00M	6,305.00M	6,032.00M	6,803.00M	5,161.00M	4,289.00M	4,233.00M	5,364.00M
Tangible Assets	359,241.00M	331,495.00M	359,241.00M	364,980.00M	352,583.00M	352,755.00M	351,002.00M	323,888.00M	338,516.00M	365,725.00M	367,304.00M	313,066.00M	281,336.00M	223,081.00M	201,244.00M	170,705.00M	111,939.00M	74,100.00M	47,048.00M	35,679.00M	25,010.00M	17,028.00M	11,420.00M	7,953.00M	6,706.00M	6,179.00M	5,945.00M	6,803.00M	5,161.00M	4,289.00M	4,233.00M	5,364.00M
Tangible Equity	73,733.00M	65,830.00M	73,733.00M	56,950.00M	62,146.00M	50,672.00M	63,090.00M	65,339.00M	90,488.00M	107,147.00M	126,032.00M	119,629.00M	110,346.00M	102,789.00M	117,793.00M	112,851.00M	72,183.00M	46,708.00M	31,187.00M	21,805.00M	14,195.00M	9,807.00M	7,393.00M	5,072.00M	4,176.00M	3,983.00M	3,855.00M	4,107.00M	3,104.00M	1,642.00M	1,200.00M	2,058.00M
Tangible Book Value	73,733.00M	65,830.00M	73,733.00M	56,950.00M	62,146.00M	50,672.00M	63,090.00M	65,339.00M	90,488.00M	107,147.00M	126,032.00M	119,629.00M	110,346.00M	102,789.00M	117,793.00M	112,851.00M	72,183.00M	46,708.00M	31,187.00M	21,805.00M	14,195.00M	9,807.00M	7,393.00M	5,072.00M	4,176.00M	3,983.00M	3,855.00M	4,107.00M	3,104.00M	1,642.00M	1,200.00M	2,058.00M
Total Investments	96,486.00M	96,717.00M	96,486.00M	126,707.00M	132,134.00M	145,463.00M	155,576.00M	153,814.00M	157,054.00M	211,187.00M	248,606.00M	217,101.00M	184,546.00M	141,395.00M	132,502.00M	110,505.00M	71,755.00M	39,750.00M	28,729.00M	12,615.00M	6,956.00M	3,718.00M	4,808.00M	2,520.00M	1,175.00M	2,124.00M	2,154.00M	3,622.00M	2,239.00M	819.00M	229.00M	193.00M
Net Debt	62,723.00M	65,429.00M	62,723.00M	89,116.00M	93,965.00M	108,834.00M	101,582.00M	84,262.00M	59,203.00M	88,570.00M	95,391.00M	66,548.00M	43,208.00M	21,451.00M	2,701.00M	-10,746.00M	-9,815.00M	-11,261.00M	-5,263.00M	-11,875.00M	-9,352.00M	-6,392.00M	-3,491.00M	-2,969.00M	-3,092.00M	-1,936.00M	-1,993.00M	-891.00M	-1,026.00M	-527.00M	-254.00M	-417.00M

Capital Metrics

Metric	MRQ	MRQ-1	2025-09-27	2024-09-28	2023-09-30	2022-09-24	2021-09-25	2020-09-26	2019-09-28	2018-09-29	2017-09-30	2016-09-24	2015-09-26	2014-09-27	2013-09-28	2012-09-29	2011-09-24	2010-09-25	2009-09-26	2008-09-27	2007-09-29	2006-09-30	2005-09-24	2004-09-25	2003-09-27	2002-09-28	2001-09-29	2000-09-30	1999-09-25	1998-09-25	1997-09-26	1996-09-27
Working Capital	-17,674.0M	-18,629.0M	-17,674.0M	-23,405.0M	-1,742.0M	-18,577.0M	9,355.0M	38,321.0M	57,101.0M	15,410.0M	27,831.0M	27,863.0M	8,768.0M	5,083.0M	29,628.0M	19,111.0M	17,018.0M	20,956.0M	20,049.0M	18,645.0M	12,676.0M	8,066.0M	6,813.0M	4,404.0M	3,530.0M	3,730.0M	3,625.0M	3,494.0M	2,736.0M	2,178.0M	1,606.0M	2,512.0M
Total Capital	172,390.0M	167,528.0M	172,390.0M	176,009.0M	186,076.0M	183,152.0M	199,612.0M	187,617.0M	198,535.0M	221,630.0M	249,727.0M	215,281.0M	183,683.0M	146,842.0M	140,509.0M	118,210.0M	76,615.0M	47,791.0M	31,640.0M	22,297.0M	14,532.0M	9,984.0M	7,428.0M	5,076.0M	4,527.0M	4,411.0M	4,237.0M	4,407.0M	3,404.0M	2,596.0M	2,176.0M	3,193.0M
Capital Employed	193,610.0M	190,375.0M	193,610.0M	188,588.0M	207,275.0M	198,773.0M	225,521.0M	218,496.0M	232,798.0M	249,796.0M	274,505.0M	242,680.0M	209,735.0M	168,391.0M	163,342.0M	137,522.0M	88,401.0M	54,461.0M	35,995.0M	24,810.0M	16,067.0M	10,762.0M	8,029.0M	5,399.0M	4,458.0M	4,640.0M	4,503.0M	4,870.0M	3,612.0M	2,769.0M	2,415.0M	3,361.0M
Invested Capital	136,456.0M	131,259.0M	136,456.0M	146,066.0M	156,111.0M	159,506.0M	164,672.0M	149,601.0M	149,691.0M	195,717.0M	229,438.0M	194,797.0M	162,563.0M	132,998.0M	126,250.0M	107,464.0M	66,800.0M	36,530.0M	26,377.0M	10,422.0M	5,180.0M	3,592.0M	3,937.0M	2,107.0M	1,131.0M	2,159.0M	1,927.0M	3,216.0M	2,078.0M	1,115.0M	946.0M	1,641.0M

Cash Flow Statement

Metric	TTM	TTM-1	2025-09-27	2024-09-28	2023-09-30	2022-09-24	2021-09-25	2020-09-26	2019-09-28	2018-09-29	2017-09-30	2016-09-24	2015-09-26	2014-09-27	2013-09-28	2012-09-29	2011-09-24	2010-09-25	2009-09-26	2008-09-27	2007-09-29	2006-09-30	2005-09-24	2004-09-25	2003-09-27	2002-09-28	2001-09-29	2000-09-30	1999-09-25	1998-09-25	1997-09-26	1996-09-27
Net Income	112,010.00M	93,736.00M	112,010.00M	93,736.00M	96,995.00M	99,803.00M	94,680.00M	57,411.00M	55,256.00M	59,531.00M	48,351.00M	45,687.00M	53,394.00M	39,510.00M	37,037.00M	41,733.00M	25,922.00M	14,013.00M	8,235.00M	6,119.00M	3,496.00M	1,989.00M	1,328.00M	266.00M	68.00M	65.00M	-37.00M	786.00M	601.00M	309.00M	-1,045.00M	-816.00M
Depreciation & Amortization	11,698.00M	11,445.00M	11,698.00M	11,445.00M	11,519.00M	11,104.00M	11,284.00M	11,056.00M	12,547.00M	10,903.00M	10,157.00M	10,505.00M	11,257.00M	7,946.00M	6,757.00M	3,277.00M	1,814.00M	1,027.00M	734.00M	496.00M	317.00M	225.00M	179.00M	150.00M	113.00M	114.00M	100.00M	84.00M	85.00M	111.00M	118.00M	116.00M
Deferred Income Tax	0.00M	0.00M	0.00M	0.00M	0.00M	895.00M	-4,774.00M	-215.00M	-340.00M	-32,590.00M	5,966.00M	4,938.00M	1,382.00M	2,347.00M	1,141.00M	4,405.00M	2,868.00M	1,440.00M	1,040.00M	398.00M	78.00M	53.00M	50.00M	19.00M	-4.00M	-34.00M	-36.00M	163.00M	-35.00M	1.00M	-50.00M	-437.00M
Stock-Based Compensation	12,863.00M	11,688.00M	12,863.00M	11,688.00M	10,833.00M	9,038.00M	7,906.00M	6,829.00M	6,068.00M	5,340.00M	4,840.00M	4,210.00M	3,586.00M	2,863.00M	2,253.00M	1,740.00M	1,168.00M	879.00M	710.00M	516.00M	242.00M	163.00M	49.00M	46.00M	16.00M	5.00M	2.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Change in Working Capital	-25,000.00M	3,651.00M	-25,000.00M	3,651.00M	-6,577.00M	1,200.00M	-4,911.00M	5,690.00M	-3,488.00M	34,694.00M	-4,923.00M	405.00M	11,262.00M	7,047.00M	6,478.00M	-299.00M	5,757.00M	1,236.00M	-586.00M	2,045.00M	1,325.00M	-225.00M	492.00M	368.00M	119.00M	-112.00M	211.00M	192.00M	401.00M	387.00M	719.00M	1,529.00M
Accounts Receivable	-6,682.00M	-5,144.00M	-6,682.00M	-5,144.00M	-417.00M	-9,343.00M	-14,028.00M	8,470.00M	3,176.00M	-13,332.00M	-6,347.00M	476.00M	-3,318.00M	-6,452.00M	-1,949.00M	-6,965.00M	-1,791.00M	-4,860.00M	-353.00M	-675.00M	-385.00M	-357.00M	-121.00M	-8.00M	-201.00M	-99.00M	487.00M	-272.00M	274.00M	72.00M	469.00M	435.00M
Inventory	1,400.00M	-1,046.00M	1,400.00M	-1,046.00M	-1,618.00M	1,484.00M	-2,642.00M	-127.00M	-289.00M	828.00M	-2,723.00M	217.00M	-238.00M	-76.00M	-973.00M	-15.00M	275.00M	-596.00M	54.00M	-163.00M	-76.00M	-105.00M	-64.00M	-45.00M	-11.00M	-34.00M	22.00M	-13.00M	58.00M	359.00M	225.00M	1,113.00M
Accounts Payable	902.00M	6,020.00M	902.00M	6,020.00M	-1,889.00M	9,448.00M	12,326.00M	-4,062.00M	-1,923.00M	9,175.00M	8,966.00M	2,117.00M	5,001.00M	5,938.00M	2,340.00M	4,467.00M	2,515.00M	6,307.00M	92.00M	596.00M	1,494.00M	1,611.00M	328.00M	297.00M	243.00M	110.00M	-356.00M	318.00M	95.00M	34.00M	-107.00M	-373.00M
Other Working Capital	-20,620.00M	3,821.00M	-20,620.00M	3,821.00M	-2,653.00M	-389.00M	-567.00M	1,409.00M	-4,452.00M	38,023.00M	-4,819.00M	-2,405.00M	9,817.00M	7,637.00M	7,060.00M	2,214.00M	4,758.00M	385.00M	-379.00M	2,287.00M	292.00M	-1,374.00M	349.00M	124.00M	88.00M	-89.00M	58.00M	159.00M	-26.00M	-78.00M	132.00M	354.00M
Other Non-Cash Items	-89.00M	-2,266.00M	-89.00M	-2,266.00M	-2,227.00M	111.00M	-147.00M	-97.00M	-652.00M	-444.00M	-166.00M	486.00M	385.00M	0.00M	0.00M	0.00M	0.00M	0.00M	26.00M	22.00M	12.00M	15.00M	437.00M	85.00M	-23.00M	51.00M	-55.00M	-357.00M	-230.00M	-33.00M	412.00M	16.00M
Net Cash from Operating Activities	111,482.00M	118,254.00M	111,482.00M	118,254.00M	110,543.00M	122,151.00M	104,038.00M	80,674.00M	69,391.00M	77,434.00M	64,225.00M	66,231.00M	81,266.00M	59,713.00M	53,666.00M	50,856.00M	37,529.00M	18,595.00M	10,159.00M	9,596.00M	5,470.00M	2,220.00M	2,535.00M	934.00M	289.00M	89.00M	185.00M	868.00M	822.00M	775.00M	154.00M	408.00M
Capital Expenditures (PPE)	-12,715.00M	-9,447.00M	-12,715.00M	-9,447.00M	-10,959.00M	-10,708.00M	-11,085.00M	-7,309.00M	-10,495.00M	-13,313.00M	-12,795.00M	-13,548.00M	-11,488.00M	-9,813.00M	-9,076.00M	-9,402.00M	-7,452.00M	-2,121.00M	-1,213.00M	-1,199.00M	-986.00M	-657.00M	-260.00M	-176.00M	-164.00M	-174.00M	-232.00M	-107.00M	-47.00M	-56.00M	-53.00M	-67.00M
Acquisitions (Net)	0.00M	0.00M	0.00M	0.00M	0.00M	-306.00M	-33.00M	-1,524.00M	-624.00M	-721.00M	-329.00M	-297.00M	-343.00M	-3,765.00M	-496.00M	-350.00M	-244.00M	-638.00M	0.00M	-220.00M	0.00M	40.00M	0.00M	0.00M	0.00M	-52.00M	-19.00M	372.00M	245.00M	24.00M	-384.00M	0.00M
Purchases of Investments	-24,407.00M	-48,656.00M	-24,407.00M	-48,656.00M	-29,513.00M	-76,923.00M	-109,558.00M	-114,938.00M	-40,631.00M	-73,227.00M	-160,007.00M	-143,816.00M	-166,402.00M	-217,138.00M	-148,489.00M	-151,232.00M	-102,317.00M	-57,793.00M	-46,825.00M	-23,003.00M	-11,736.00M	-7,280.00M	-11,470.00M	-3,270.00M	-2,648.00M	-4,144.00M	-4,268.00M	-4,499.00M	-4,348.00M	-2,313.00M	-999.00M	-437.00M
Sales / Maturities of Investments	53,797.00M	62,346.00M	53,797.00M	62,346.00M	45,514.00M	67,363.00M	106,483.00M	120,391.00M	98,724.00M	104,072.00M	126,465.00M	111,794.00M	121,985.00M	208,111.00M	124,447.00M	112,805.00M	69,853.00M	46,718.00M	30,678.00M	16,243.00M	9,424.00M	8,312.00M	9,195.00M	1,947.00M	3,607.00M	4,125.00M	5,429.00M	3,331.00M	3,155.00M	1,723.00M	963.00M	440.00M
Other Investing Activities	-1,480.00M	-1,308.00M	-1,480.00M	-1,308.00M	-1,337.00M	-1,780.00M	-352.00M	-909.00M	-1,078.00M	-745.00M	-124.00M	-924.00M	-26.00M	26.00M	-160.00M	-48.00M	-259.00M	-20.00M	-74.00M	-10.00M	49.00M	10.00M	-21.00M	11.00M	33.00M	-7.00M	-18.00M	-34.00M	8.00M	-20.00M	-73.00M	9.00M
Net Cash from Investing Activities	15,195.00M	2,935.00M	15,195.00M	2,935.00M	3,705.00M	-22,354.00M	-14,545.00M	-4,289.00M	45,896.00M	16,066.00M	-46,446.00M	-45,977.00M	-56,274.00M	-22,579.00M	-33,774.00M	-48,227.00M	-40,419.00M	-13,854.00M	-17,434.00M	-8,189.00M	-3,249.00M	357.00M	-2,556.00M	-1,488.00M	828.00M	-252.00M	892.00M	-972.00M	-988.00M	-543.00M	-499.00M	-8.00M
Net Debt Issuance	-8,483.00M	-5,998.00M	-8,483.00M	-5,998.00M	-9,901.00M	-123.00M	12,665.00M	2,499.00M	-7,819.00M	432.00M	25,162.00M	22,057.00M	29,305.00M	11,960.00M	16,896.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-300.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-22.00M	-161.00M	371.00M
Long-Term Debt Issuance	-6,451.00M	-9,958.00M	-6,451.00M	-9,958.00M	-5,923.00M	-4,078.00M	11,643.00M	3,462.00M	-1,842.00M	469.00M	25,162.00M	22,454.00M	27,114.00M	11,960.00M	16,896.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-300.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-22.00M	-161.00M	371.00M
Short-Term Debt Issuance	-2,032.00M	3,960.00M	-2,032.00M	3,960.00M	-3,978.00M	3,955.00M	1,022.00M	-963.00M	-5,977.00M	-37.00M	3,852.00M	-397.00M	2,191.00M	6,306.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Stock Issuance	-90,711.00M	-94,949.00M	-90,711.00M	-94,949.00M	-77,550.00M	-89,402.00M	-84,866.00M	-71,478.00M	-66,116.00M	-72,069.00M	-34,774.00M	-31,292.00M	-36,752.00M	-46,158.00M	-23,942.00M	665.00M	831.00M	912.00M	475.00M	483.00M	365.00M	-37.00M	543.00M	427.00M	27.00M	105.00M	42.00M	-31.00M	11.00M	41.00M	184.00M	39.00M
Common Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	1,105.00M	880.00M	781.00M	669.00M	555.00M	495.00M	543.00M	730.00M	530.00M	665.00M	831.00M	912.00M	475.00M	483.00M	365.00M	318.00M	543.00M	427.00M	53.00M	105.00M	42.00M	85.00M	86.00M	41.00M	34.00M	39.00M
Common Stock Repurchased	-90,711.00M	-94,949.00M	-90,711.00M	-94,949.00M	-77,550.00M	-89,402.00M	-85,971.00M	-72,358.00M	-66,897.00M	-72,738.00M	-32,900.00M	-29,722.00M	-35,253.00M	-45,000.00M	-22,860.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-3.00M	-355.00M	0.00M	0.00M	-26.00M	0.00M	0.00M	-116.00M	-75.00M	0.00M	0.00M	0.00M
Preferred Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-2,429.00M	-2,065.00M	-2,042.00M	-1,888.00M	-1,612.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	150.00M	0.00M
Net Dividends Paid	-15,421.00M	-15,234.00M	-15,421.00M	-15,234.00M	-15,025.00M	-14,841.00M	-14,467.00M	-14,081.00M	-14,119.00M	-13,712.00M	-12,769.00M	-12,150.00M	-11,561.00M	-11,126.00M	-10,564.00M	-2,488.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-14.00M
Common Dividends Paid	-15,421.00M	-15,234.00M	-15,421.00M	-15,234.00M	-15,025.00M	-14,841.00M	-14,467.00M	-14,081.00M	-14,119.00M	-13,712.00M	-12,769.00M	-12,150.00M	-11,561.00M	-11,126.00M	-10,564.00M	-2,488.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-14.00M
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	-6,071.00M	-5,802.00M	-6,071.00M	-5,802.00M	-6,012.00M	-6,383.00M	-6,685.00M	-3,760.00M	-2,922.00M	-2,527.00M	4,407.00M	495.00M	1,292.00M	7,775.00M	1,231.00M	125.00M	613.00M	345.00M	188.00M	633.00M	374.00M	6.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Cash from Financing Activities	-120,686.00M	-121,983.00M	-120,686.00M	-121,983.00M	-108,488.00M	-110,749.00M	-93,353.00M	-86,820.00M	-90,976.00M	-87,876.00M	-17,974.00M	-20,890.00M	-17,716.00M	-37,549.00M	-16,379.00M	-1,698.00M	1,444.00M	1,257.00M	663.00M	1,116.00M	739.00M	324.00M	543.00M	127.00M	27.00M	105.00M	42.00M	-31.00M	11.00M	19.00M	23.00M	396.00M
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	0.00M	0.00M	0.00M	0.00M	0.00M
Net Change in Cash	5,991.00M	-794.00M	5,991.00M	-794.00M	5,760.00M	-10,952.00M	-3,860.00M	-10,435.00M	24,311.00M	5,624.00M	-195.00M	-636.00M	7,276.00M	-415.00M	3,513.00M	931.00M	-1,446.00M	5,998.00M	-6,612.00M	2,523.00M	2,960.00M	2,901.00M	522.00M	-427.00M	1,144.00M	-58.00M	1,119.00M	-135.00M	-155.00M	251.00M	-322.00M	796.00M
Cash at Beginning of Period	124,673.00M	133,267.00M	29,943.00M	30,737.00M	24,977.00M	35,929.00M	39,789.00M	50,224.00M	25,913.00M	20,289.00M	20,484.00M	21,120.00M	13,844.00M	14,259.00M	10,746.00M	9,815.00M	11,261.00M	5,263.00M	11,875.00M	9,352.00M	6,392.00M	3,491.00M	2,969.00M	3,396.00M	2,252.00M	2,310.00M	1,191.00M	1,326.00M	1,481.00M	1,230.00M	1,552.00M	756.00M
Cash at End of Period	130,664.00M	132,473.00M	35,934.00M	29,943.00M	30,737.00M	24,977.00M	35,929.00M	39,789.00M	50,224.00M	25,913.00M	20,289.00M	20,484.00M	21,120.00M	13,844.00M	14,259.00M	10,746.00M	9,815.00M	11,261.00M	5,263.00M	11,875.00M	9,352.00M	6,392.00M	3,491.00M	2,969.00M	3,396.00M	2,252.00M	2,310.00M	1,191.00M	1,326.00M	1,481.00M	1,230.00M	1,552.00M
Operating Cash Flow	111,482.00M	118,254.00M	111,482.00M	118,254.00M	110,543.00M	122,151.00M	104,038.00M	80,674.00M	69,391.00M	77,434.00M	64,225.00M	66,231.00M	81,266.00M	59,713.00M	53,666.00M	50,856.00M	37,529.00M	18,595.00M	10,159.00M	9,596.00M	5,470.00M	2,220.00M	2,535.00M	934.00M	289.00M	89.00M	185.00M	868.00M	822.00M	775.00M	154.00M	408.00M
Capital Expenditure	-12,715.00M	-9,447.00M	-12,715.00M	-9,447.00M	-10,959.00M	-10,708.00M	-11,085.00M	-7,309.00M	-10,495.00M	-13,313.00M	-12,795.00M	-13,548.00M	-11,488.00M	-9,813.00M	-9,076.00M	-9,402.00M	-7,452.00M	-2,121.00M	-1,213.00M	-1,199.00M	-986.00M	-657.00M	-260.00M	-176.00M	-164.00M	-174.00M	-232.00M	-107.00M	-47.00M	-56.00M	-53.00M	-67.00M
Free Cash Flow	98,767.00M	108,807.00M	98,767.00M	108,807.00M	99,584.00M	111,443.00M	92,953.00M	73,365.00M	58,896.00M	64,121.00M	51,430.00M	52,683.00M	69,778.00M	49,900.00M	44,590.00M	41,454.00M	30,077.00M	16,474.00M	8,946.00M	8,397.00M	4,484.00M	1,563.00M	2,275.00M	758.00M	125.00M	-85.00M	-47.00M	761.00M	775.00M	719.00M	101.00M	341.00M

Free Cash Flow

Metric	TTM	TTM-1	2025-09-27	2024-09-28	2023-09-30	2022-09-24	2021-09-25	2020-09-26	2019-09-28	2018-09-29	2017-09-30	2016-09-24	2015-09-26	2014-09-27	2013-09-28	2012-09-29	2011-09-24	2010-09-25	2009-09-26	2008-09-27	2007-09-29	2006-09-30	2005-09-24	2004-09-25	2003-09-27	2002-09-28	2001-09-29	2000-09-30	1999-09-25	1998-09-25	1997-09-26	1996-09-27
EBITDA	144,748.00M	134,661.00M	144,748.00M	134,661.00M	125,820.00M	130,541.00M	120,233.00M	77,344.00M	76,477.00M	81,801.00M	71,501.00M	70,529.00M	82,487.00M	60,449.00M	55,756.00M	58,518.00M	35,604.00M	19,412.00M	12,474.00M	6,684.00M	4,726.00M	2,678.00M	1,822.00M	486.00M	138.00M	161.00M	-244.00M	704.00M	471.00M	372.00M	-660.00M	-1,088.00M
(-) Tax Adjustment	22,595.17M	32,441.43M	22,595.17M	32,441.43M	18,519.67M	21,153.47M	15,993.71M	11,159.32M	12,193.37M	15,004.09M	17,558.13M	18,025.28M	21,750.45M	15,792.94M	14,582.94M	14,723.16M	8,621.78M	4,739.92M	3,960.54M	1,997.93M	1,426.86M	787.81M	483.72M	136.61M	36.00M	40.71M	-70.38M	197.27M	52.26M	22.61M	0.00M	-380.80M
(-) Change In Working Capital	-25,000.00M	3,651.00M	-25,000.00M	3,651.00M	-6,577.00M	1,200.00M	-4,911.00M	5,690.00M	-3,488.00M	34,694.00M	-4,923.00M	405.00M	11,262.00M	7,047.00M	6,478.00M	-299.00M	5,757.00M	1,236.00M	-586.00M	2,045.00M	1,325.00M	-225.00M	492.00M	368.00M	119.00M	-112.00M	211.00M	192.00M	401.00M	387.00M	719.00M	1,529.00M
(-) Capital Expenditure	-12,715.00M	-9,447.00M	-12,715.00M	-9,447.00M	-10,959.00M	-10,708.00M	-11,085.00M	-7,309.00M	-10,495.00M	-13,313.00M	-12,795.00M	-13,548.00M	-11,488.00M	-9,813.00M	-9,076.00M	-9,402.00M	-7,452.00M	-2,121.00M	-1,213.00M	-1,199.00M	-986.00M	-657.00M	-260.00M	-176.00M	-164.00M	-174.00M	-232.00M	-107.00M	-47.00M	-56.00M	-53.00M	-67.00M
Unlevered Free Cash Flow	134,437.83M	89,121.57M	134,437.83M	89,121.57M	102,918.33M	97,479.53M	98,065.29M	53,185.68M	57,276.63M	18,789.91M	46,070.87M	38,550.72M	37,986.55M	27,796.06M	25,619.06M	34,691.84M	13,773.22M	11,315.08M	7,886.46M	1,442.07M	988.14M	1,458.19M	586.28M	-194.61M	-181.00M	58.29M	-616.62M	207.73M	-29.26M	-93.61M	-1,432.00M	-2,303.20M
(-) Net Interest Income After Taxes	0.00M	0.00M	0.00M	0.00M	-156.06M	-88.82M	171.66M	761.59M	1,164.18M	1,997.35M	2,171.26M	1,893.08M	1,611.06M	1,042.36M	1,092.91M	814.26M	393.32M	235.06M	277.78M	457.81M	451.66M	278.09M	134.42M	43.85M	45.09M	79.94M	143.73M	136.04M	86.24M	35.69M	11.00M	0.00M
Net Debt Issuance	-8,483.00M	-5,998.00M	-8,483.00M	-5,998.00M	-9,901.00M	-123.00M	12,665.00M	2,499.00M	-7,819.00M	432.00M	25,162.00M	22,057.00M	29,305.00M	11,960.00M	16,896.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-300.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-22.00M	-161.00M	371.00M
Levered Free Cash Flow	125,954.83M	83,123.57M	125,954.83M	83,123.57M	93,173.40M	97,445.36M	110,558.63M	54,923.09M	48,293.45M	17,224.56M	69,061.61M	58,714.64M	65,680.49M	38,713.70M	41,422.16M	33,877.58M	13,379.90M	11,080.02M	7,608.68M	984.26M	536.48M	1,180.09M	451.87M	-538.46M	-226.09M	-21.66M	-760.35M	71.69M	-115.49M	-151.30M	-1,604.00M	-1,932.20M