Korn Ferry (KFY)

Category: Company Returns Sector: Industrials Industry: Staffing & Employment Services Live Price: $67.97

Income Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	TTM	TTM-1	2025-04-30	2024-04-30	2023-04-30	2022-04-30	2021-04-30	2020-04-30	2019-04-30	2018-04-30	2017-04-30	2016-04-30	2015-04-30	2014-04-30	2013-04-30	2012-04-30	2011-04-30	2010-04-30	2009-04-30	2008-04-30	2007-04-30	2006-04-30	2005-04-30	2004-04-30	2003-04-30	2002-04-30	2001-04-30	2000-04-30	1999-04-30	1998-04-30
Net Income	208M	213M	152M	122M	100M	78M	262M	248M	246M	169M	210M	326M	114M	105M	103M	134M	84M	31M	88M	73M	33M	54M	59M	5M	-10M	66M	55M	59M	39M	5M	-23M	-98M	31M	31M	-66M	5M
Revenue	2,807M	2,577M	2,162M	1,742M	1,474M	1,268M	2,842M	2,742M	2,761M	2,796M	2,864M	2,643M	1,820M	1,977M	1,974M	1,820M	1,622M	1,347M	1,066M	996M	850M	827M	776M	600M	676M	836M	689M	552M	476M	351M	338M	394M	654M	501M	373M	311M
Return on Revenue	7.43%	8.18%	6.63%	6.66%	6.30%	4.35%	9.21%	9.03%	8.91%	6.05%	7.32%	12.35%	6.29%	5.31%	5.20%	7.35%	5.19%	2.30%	8.29%	7.30%	3.92%	6.57%	7.58%	0.88%	-1.49%	7.92%	8.05%	10.77%	8.11%	1.54%	-6.77%	-24.94%	4.74%	6.15%	-17.80%	1.67%
Cost of Revenue	1,496M	940M	532M	377M	392M	340M	2,101M	2,133M	2,043M	2,177M	267M	131M	82M	130M	123M	126M	128M	114M	78M	75M	66M	56M	52M	413M	443M	540M	448M	341M	293M	0M	0M	0M	373M	286M	7M	7M
Return on Cost of Revenue	32.77%	97.38%	84.97%	88.12%	68.14%	55.37%	12.45%	11.61%	12.04%	7.77%	78.50%	248.87%	139.70%	80.43%	83.24%	106.21%	65.96%	27.02%	113.85%	96.70%	50.56%	97.16%	113.73%	1.28%	-2.28%	12.26%	12.40%	17.42%	13.18%	0.00%	0.00%	0.00%	8.32%	10.79%	-909.59%	76.47%
Gross Profit	1,311M	1,637M	1,630M	1,366M	1,083M	899M	740M	609M	718M	618M	2,597M	2,512M	1,738M	1,847M	1,851M	1,694M	1,494M	1,232M	988M	920M	784M	771M	724M	186M	233M	296M	242M	211M	183M	351M	0M	0M	281M	215M	366M	304M
Return on Gross Profit	23.23%	17.85%	11.65%	10.19%	11.25%	10.34%	35.35%	40.69%	34.27%	27.35%	8.07%	12.99%	6.59%	5.68%	5.55%	7.90%	5.63%	2.51%	8.94%	7.90%	4.25%	7.04%	8.13%	2.84%	-4.32%	22.40%	22.98%	28.22%	21.05%	1.54%	0.00%	0.00%	11.04%	14.32%	-18.15%	1.71%
R&D Expenses	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on R&D Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses	896M	1,231M	953M	788M	620M	529M	248M	252M	258M	259M	2,170M	1,979M	1,490M	1,557M	245M	237M	226M	1,110M	146M	152M	698M	673M	624M	115M	127M	134M	105M	93M	84M	72M	73M	406M	203M	147M	318M	88M
Return on SG&A Expenses	56.72%	38.87%	33.92%	31.33%	31.61%	25.83%	105.49%	98.31%	95.19%	65.30%	9.66%	16.49%	7.68%	6.74%	41.82%	56.35%	37.21%	2.78%	60.55%	47.81%	4.77%	8.07%	9.44%	4.60%	-7.98%	49.42%	52.70%	63.59%	46.23%	7.54%	-31.33%	-24.18%	15.27%	20.96%	-20.90%	5.92%
Operating Expenses	1,005M	1,322M	971M	813M	669M	603M	375M	301M	372M	406M	2,238M	2,042M	1,552M	1,612M	446M	338M	364M	337M	221M	217M	717M	687M	641M	168M	188M	204M	159M	476M	411M	326M	335M	406M	218M	160M	327M	290M
Return on Operating Expenses	39.09%	28.13%	24.20%	22.48%	20.74%	16.36%	69.73%	82.40%	66.21%	41.71%	9.36%	15.98%	7.38%	6.51%	23.00%	39.54%	23.11%	9.18%	40.00%	33.47%	4.64%	7.90%	9.19%	3.15%	-5.37%	32.50%	34.85%	12.50%	9.41%	1.66%	-6.83%	-24.18%	14.23%	19.21%	-20.31%	1.79%
Operating Income (EBIT)	292M	300M	220M	175M	143M	118M	365M	301M	346M	213M	316M	470M	156M	176M	141M	208M	120M	53M	114M	92M	44M	83M	86M	-3M	4M	92M	82M	76M	66M	16M	-13M	-63M	63M	55M	35M	15M
Return on Operating Income (EBIT)	72.24%	71.92%	68.50%	70.12%	40.20%	51.00%	71.70%	82.20%	71.05%	79.44%	66.24%	69.43%	73.47%	59.62%	72.89%	64.18%	69.98%	58.67%	77.49%	79.35%	75.88%	65.53%	68.63%	-194.64%	-270.71%	72.08%	67.47%	78.01%	58.71%	34.22%	172.14%	156.68%	49.30%	56.22%	-191.91%	33.77%
Interest Income	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Interest Income	0.00%	0.00%	1,304.35%	869.56%	652.17%	521.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	13,043.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Interest Expense	22M	24M	19M	13M	12M	11M	2M	19M	20M	21M	26M	25M	29M	22M	17M	14M	15M	0M	2M	2M	2M	2M	3M	3M	5M	5M	10M	10M	10M	10M	11M	9M	0M	0M	0M	0M
Return on Interest Expense	941.74%	901.29%	713.07%	1,461.46%	1,221.95%	939.68%	17,296.30%	1,289.72%	1,208.38%	806.72%	810.12%	1,290.32%	390.92%	473.07%	607.73%	967.17%	576.31%	0.00%	4,952.75%	3,076.22%	1,407.74%	3,031.99%	2,322.45%	202.06%	-186.54%	1,375.96%	545.60%	580.14%	369.11%	54.56%	-217.66%	-1,153.05%	0.00%	0.00%	0.00%	0.00%
Net Interest Income	-22M	-24M	-19M	-13M	-10M	-8M	-14M	-19M	-20M	-21M	-26M	-25M	-29M	-22M	-17M	-14M	-15M	0M	-2M	-2M	-2M	-2M	-3M	-3M	-1M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Net Interest Income	-941.74%	-901.29%	591.27%	-591.89%	-406.55%	-325.24%	-1,829.00%	-1,289.72%	-1,208.38%	-806.72%	-810.12%	-1,290.32%	-390.92%	-473.07%	-607.73%	-967.17%	-576.31%	13,043.46%	-4,952.75%	-3,076.22%	-1,407.74%	-3,031.99%	-2,322.45%	-202.06%	949.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Unusual Items	26M	33M	27M	18M	15M	17M	3M	-8M	22M	11M	46M	62M	21M	47M	24M	17M	19M	4M	-6M	-5M	-2M	4M	-1M	-5M	21M	-2M	10M	9M	18M	17M	20M	56M	7M	0M	92M	4M
Return on Unusual Items	1,027.99%	828.44%	688.91%	-64.05%	-138.75%	-93.63%	9,692.33%	-3,088.08%	1,130.12%	1,502.92%	450.92%	522.46%	535.78%	222.12%	433.35%	808.58%	445.73%	837.07%	-1,455.39%	-1,441.42%	-2,108.49%	1,409.37%	-4,253.90%	-109.87%	-47.58%	-2,847.78%	559.00%	632.10%	219.86%	31.65%	-115.35%	-174.23%	472.18%	-23,341.67%	-72.17%	148.57%
EBT Excluding Unusual Items	261M	259M	184M	153M	125M	95M	361M	337M	323M	211M	249M	370M	142M	104M	110M	189M	97M	45M	128M	104M	49M	77M	91M	10M	-33M	101M	73M	68M	41M	-8M	-42M	-167M	50M	55M	-149M	8M
Return on EBT Excluding Unusual Items	80.08%	81.75%	82.89%	78.03%	74.30%	67.64%	72.47%	73.59%	76.15%	80.02%	84.06%	88.10%	80.41%	101.19%	93.03%	70.71%	86.67%	68.59%	69.05%	69.86%	67.40%	70.57%	64.63%	55.51%	30.32%	65.35%	76.47%	87.89%	93.94%	-63.93%	53.90%	58.84%	62.31%	55.95%	44.44%	61.90%
Pre-Tax Income	288M	292M	212M	170M	140M	112M	364M	329M	345M	223M	296M	433M	164M	151M	134M	206M	116M	49M	122M	99M	48M	81M	90M	5M	-12M	99M	82M	77M	59M	9M	-23M	-111M	56M	55M	-57M	12M
Return on Pre-Tax Income	72.72%	72.69%	71.06%	70.60%	73.30%	73.58%	71.93%	75.39%	71.34%	75.98%	70.85%	75.39%	69.92%	69.52%	76.59%	65.03%	72.56%	63.40%	72.49%	73.41%	69.62%	67.20%	65.63%	112.20%	83.59%	66.89%	67.27%	77.16%	65.82%	62.67%	101.17%	88.85%	55.05%	56.08%	115.68%	43.70%
Income Tax Expense	76M	75M	57M	47M	40M	33M	98M	77M	94M	50M	83M	102M	48M	44M	30M	70M	29M	19M	34M	28M	17M	28M	33M	0M	0M	36M	30M	20M	20M	3M	2M	-12M	25M	24M	9M	7M
Return on Income Tax Expense	284.47%	282.19%	264.02%	248.71%	34.05%	33.45%	265.73%	323.44%	262.23%	337.76%	253.41%	319.79%	237.76%	238.81%	347.45%	190.75%	289.24%	163.04%	263.55%	255.13%	200.11%	191.54%	180.09%	-1,092.37%	-2,628.13%	183.51%	183.99%	303.31%	190.71%	167.90%	-1,122.65%	796.97%	122.46%	127.71%	-737.78%	77.61%
Depreciation and Amortization	76M	70M	59M	46M	37M	33M	95M	79M	80M	78M	68M	64M	62M	55M	46M	49M	47M	36M	28M	26M	19M	14M	13M	11M	12M	10M	9M	9M	10M	10M	19M	18M	28M	14M	9M	8M
Return on Depreciation and Amortization	276.69%	305.78%	247.83%	273.56%	297.74%	233.90%	274.66%	314.83%	306.48%	216.96%	306.62%	513.78%	185.07%	189.74%	220.81%	275.33%	178.12%	85.35%	320.17%	277.74%	175.19%	387.41%	464.64%	46.10%	-87.13%	634.14%	598.04%	660.19%	392.04%	53.87%	-117.71%	-547.39%	111.90%	227.57%	-713.98%	67.53%
EBITDA	386M	387M	289M	229M	190M	161M	460M	426M	446M	322M	390M	522M	255M	228M	198M	268M	178M	87M	151M	121M	69M	97M	105M	29M	57M	102M	92M	85M	76M	34M	22M	6M	83M	62M	44M	23M
Return on EBITDA	53.85%	53.81%	49.98%	51.91%	48.70%	-32.16%	56.94%	58.09%	55.23%	52.60%	53.73%	62.56%	44.92%	46.00%	51.82%	49.97%	47.33%	35.69%	58.48%	59.85%	48.12%	56.21%	56.12%	17.99%	-17.64%	64.73%	60.63%	69.77%	51.06%	15.73%	-102.09%	-1,780.23%	37.51%	49.34%	-151.25%	22.41%
NOPAT	215M	223M	161M	126M	103M	83M	266M	231M	252M	165M	228M	359M	110M	125M	110M	137M	90M	32M	83M	65M	29M	54M	55M	-3M	4M	58M	52M	57M	43M	10M	-15M	-56M	35M	31M	40M	7M
Return on NOPAT	97.35%	97.39%	95.13%	99.66%	69.02%	77.94%	98.31%	107.19%	97.60%	102.50%	91.94%	90.84%	104.07%	84.10%	93.50%	97.37%	93.42%	95.99%	106.89%	111.41%	116.36%	100.95%	107.98%	-176.51%	-262.36%	113.43%	106.36%	104.63%	89.65%	54.60%	157.91%	176.34%	89.56%	100.24%	-165.90%	77.27%
Owner's Earnings	221M	230M	163M	129M	105M	83M	276M	278M	264M	192M	207M	340M	145M	119M	102M	140M	81M	41M	94M	70M	39M	49M	44M	6M	-10M	60M	51M	57M	41M	14M	-10M	-89M	25M	21M	-67M	-9M
Return on Owner's Earnings	94.12%	91.41%	91.98%	96.46%	97.79%	102.24%	94.84%	89.12%	93.25%	88.11%	100.99%	95.85%	78.84%	88.34%	100.19%	95.31%	103.48%	75.42%	93.90%	103.40%	84.94%	110.01%	134.86%	87.89%	96.52%	110.95%	109.53%	104.04%	94.32%	40.00%	230.12%	110.59%	125.23%	144.86%	99.85%	-55.32%

Balance Sheet Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	2025-04-30	2024-04-30	2023-04-30	2022-04-30	2021-04-30	2020-04-30	2019-04-30	2018-04-30	2017-04-30	2016-04-30	2015-04-30	2014-04-30	2013-04-30	2012-04-30	2011-04-30	2010-04-30	2009-04-30	2008-04-30	2007-04-30	2006-04-30	2005-04-30	2004-04-30	2003-04-30	2002-04-30	2001-04-30	2000-04-30	1999-04-30	1998-04-30
Net Income	208M	213M	152M	122M	100M	78M	246M	169M	210M	326M	114M	105M	103M	134M	84M	31M	88M	73M	33M	54M	59M	5M	-10M	66M	55M	59M	39M	5M	-23M	-98M	31M	31M	-66M	5M
Cash & Cash Equivalents	931M	924M	714M	574M	497M	420M	1,007M	941M	844M	978M	851M	689M	626M	521M	411M	273M	381M	334M	224M	282M	247M	219M	255M	319M	289M	258M	199M	108M	83M	66M	88M	87M	114M	32M
Return on Cash & Cash Equivalents	22.41%	22.81%	20.32%	20.41%	18.38%	10.03%	24.44%	17.98%	24.83%	33.37%	13.45%	15.23%	16.39%	25.68%	20.49%	11.31%	23.20%	21.78%	14.86%	19.26%	23.85%	2.42%	-3.96%	20.76%	19.20%	23.08%	19.39%	5.00%	-27.70%	-148.58%	35.06%	35.43%	-58.40%	16.05%
Short-Term Investments	41M	49M	33M	30M	28M	23M	36M	43M	45M	57M	64M	42M	8M	14M	4M	11M	26M	10M	20M	41M	21M	4M	4M	50M	35M	21M	8M	0M	0M	0M	16M	60M	0M	0M
Return on Short-Term Investments	513.10%	457.84%	691.59%	573.15%	453.38%	390.04%	676.22%	395.76%	467.31%	570.12%	179.77%	250.16%	1,238.55%	935.98%	1,929.43%	272.65%	343.04%	759.89%	163.63%	132.65%	282.13%	128.78%	-236.73%	132.77%	157.84%	287.74%	494.18%	0.00%	0.00%	0.00%	189.14%	51.37%	0.00%	0.00%
Cash & Short-Term Investments	972M	973M	747M	603M	525M	443M	1,043M	984M	889M	1,035M	914M	731M	635M	535M	415M	285M	407M	343M	244M	323M	268M	223M	259M	369M	324M	278M	207M	108M	83M	66M	105M	147M	114M	32M
Return on Cash & Short-Term Investments	21.45%	21.68%	19.51%	19.36%	17.26%	8.89%	23.58%	17.19%	23.57%	31.52%	12.52%	14.35%	16.17%	25.00%	20.27%	10.86%	21.73%	21.18%	13.62%	16.82%	21.99%	2.37%	-3.89%	17.95%	17.11%	21.36%	18.66%	5.00%	-27.70%	-148.58%	29.58%	20.97%	-58.40%	16.05%
Net Receivables	607M	587M	493M	384M	314M	266M	604M	582M	637M	622M	489M	436M	432M	414M	377M	337M	200M	184M	170M	138M	134M	114M	76M	127M	114M	93M	75M	58M	59M	85M	101M	102M	67M	61M
Return on Net Receivables	34.24%	35.72%	29.03%	31.78%	31.65%	22.83%	40.76%	29.08%	32.89%	52.46%	23.42%	24.07%	23.78%	32.31%	22.34%	9.19%	44.29%	39.46%	19.53%	39.21%	43.94%	4.67%	-13.23%	52.13%	48.64%	64.17%	51.53%	9.27%	-38.57%	-115.45%	30.83%	30.35%	-99.85%	8.48%
Inventory	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-2M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Inventory	0.00%	0.00%	-644.41%	-429.61%	-322.20%	-257.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-6,444.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Current Assets	118M	112M	76M	52M	43M	36M	103M	109M	143M	103M	102M	91M	71M	37M	0M	0M	0M	4M	4M	11M	10M	21M	15M	10M	10M	10M	9M	9M	9M	10M	9M	19M	28M	6M
Return on Other Current Assets	180.37%	194.19%	159.00%	349.09%	351.33%	266.85%	238.58%	155.61%	146.92%	317.98%	111.87%	115.14%	145.53%	358.34%	0.00%	0.00%	0.00%	1,620.40%	948.25%	501.41%	576.40%	25.42%	-69.20%	636.58%	582.72%	614.64%	435.69%	57.97%	-249.97%	-950.57%	351.58%	158.99%	-240.58%	83.87%
Total Current Assets	1,688M	1,662M	1,321M	1,053M	897M	760M	1,750M	1,674M	1,639M	1,760M	1,487M	1,237M	1,137M	1,014M	844M	664M	641M	562M	447M	500M	442M	386M	372M	526M	465M	395M	304M	183M	162M	172M	226M	268M	208M	100M
Return on Total Current Assets	12.32%	12.64%	10.85%	11.13%	10.26%	6.53%	14.06%	10.10%	12.79%	18.54%	7.70%	8.48%	9.03%	13.19%	9.98%	4.65%	13.78%	12.94%	7.45%	10.86%	13.33%	1.37%	-2.72%	12.58%	11.94%	15.06%	12.68%	2.96%	-14.17%	-57.16%	13.70%	11.50%	-31.95%	5.21%
Property, Plant & Equipment	318M	313M	236M	175M	138M	117M	326M	322M	305M	306M	306M	338M	132M	120M	110M	95M	62M	60M	54M	50M	43M	25M	28M	32M	26M	21M	18M	20M	28M	40M	55M	36M	21M	21M
Return on Property, Plant & Equipment	65.56%	68.16%	67.07%	82.72%	96.64%	76.05%	75.40%	52.48%	68.80%	106.69%	37.42%	31.07%	78.06%	111.57%	76.83%	32.39%	142.31%	120.28%	62.08%	109.02%	136.47%	21.22%	-36.08%	203.96%	213.46%	289.44%	211.19%	27.56%	-82.68%	-244.11%	56.40%	86.04%	-314.69%	24.64%
Goodwill	922M	824M	706M	546M	444M	359M	949M	908M	909M	726M	627M	614M	578M	584M	577M	590M	254M	258M	257M	176M	184M	172M	133M	143M	124M	109M	0M	0M	95M	0M	0M	0M	0M	0M
Return on Goodwill	22.53%	26.17%	20.84%	23.14%	24.40%	18.55%	25.93%	18.62%	23.04%	44.98%	18.26%	17.09%	17.75%	22.90%	14.59%	5.24%	34.73%	28.22%	12.94%	30.79%	32.01%	3.08%	-7.57%	46.40%	44.66%	54.28%	0.00%	0.00%	-24.18%	0.00%	0.00%	0.00%	0.00%	0.00%
Intangible Assets	91M	91M	130M	100M	79M	77M	70M	89M	114M	90M	93M	112M	83M	203M	217M	233M	48M	50M	58M	20M	22M	25M	17M	16M	18M	0M	107M	98M	0M	0M	128M	97M	4M	3M
Return on Intangible Assets	241.36%	242.15%	154.61%	164.31%	158.01%	-1,279.80%	350.55%	190.42%	183.11%	363.55%	123.14%	93.76%	123.75%	65.83%	38.74%	13.27%	184.46%	146.67%	57.22%	266.02%	264.14%	20.84%	-59.62%	426.64%	307.64%	0.00%	36.09%	5.49%	-10,410.00%	-24,810.86%	24.22%	31.88%	-1,844.44%	173.33%
Long-Term Investments	223M	215M	198M	181M	145M	117M	234M	233M	204M	197M	207M	162M	155M	221M	182M	181M	154M	155M	150M	133M	145M	89M	71M	14M	10M	8M	8M	8M	0M	3M	0M	0M	0M	0M
Return on Long-Term Investments	93.63%	100.36%	75.67%	64.32%	135.55%	-17.41%	105.32%	72.68%	102.90%	165.62%	55.26%	64.91%	66.16%	60.61%	46.19%	17.05%	57.49%	46.95%	22.20%	40.85%	40.52%	5.94%	-14.22%	463.47%	558.72%	732.35%	456.34%	70.44%	0.00%	-3,672.93%	0.00%	0.00%	0.00%	0.00%
Tax Assets	127M	108M	77M	71M	64M	57M	145M	134M	102M	85M	73M	55M	43M	26M	20M	84M	56M	55M	63M	57M	64M	60M	45M	47M	42M	32M	31M	27M	24M	22M	25M	0M	0M	0M
Return on Tax Assets	167.39%	208.80%	244.90%	198.51%	171.05%	125.74%	170.21%	126.65%	205.31%	385.26%	156.56%	189.16%	237.51%	524.21%	417.25%	36.93%	157.74%	132.07%	52.68%	94.79%	91.39%	8.87%	-22.36%	140.49%	132.10%	184.18%	125.03%	19.75%	-95.84%	-450.82%	124.34%	0.00%	0.00%	0.00%
Other Non-Current Assets	336M	315M	235M	185M	159M	139M	388M	319M	302M	302M	264M	226M	207M	120M	113M	107M	103M	94M	86M	78M	71M	69M	75M	102M	76M	71M	65M	59M	61M	55M	66M	76M	72M	52M
Return on Other Non-Current Assets	62.00%	67.53%	64.84%	66.87%	60.95%	44.76%	63.49%	53.04%	69.47%	108.23%	43.41%	46.45%	49.61%	111.40%	74.45%	28.81%	86.04%	77.11%	38.77%	69.76%	82.94%	7.67%	-13.47%	65.01%	72.57%	84.19%	59.37%	9.18%	-37.65%	-177.93%	47.04%	40.70%	-92.74%	9.92%
Other Assets	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Other Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Total Non-Current Assets	2,017M	1,865M	1,581M	1,258M	1,029M	868M	2,111M	2,005M	1,936M	1,705M	1,569M	1,507M	1,198M	1,274M	1,219M	1,291M	677M	672M	668M	515M	530M	441M	369M	354M	297M	241M	230M	212M	207M	206M	274M	208M	96M	77M
Return on Total Non-Current Assets	10.31%	11.47%	9.27%	9.55%	10.19%	7.02%	11.66%	8.44%	10.82%	19.15%	7.29%	6.97%	8.57%	10.50%	6.90%	2.39%	13.05%	10.82%	4.98%	10.55%	11.11%	1.20%	-2.73%	18.71%	18.70%	24.66%	16.81%	2.55%	-11.04%	-47.77%	11.32%	14.80%	-68.95%	6.80%
Total Assets	3,705M	3,527M	2,902M	2,312M	1,926M	1,628M	3,861M	3,679M	3,574M	3,465M	3,057M	2,744M	2,335M	2,288M	2,063M	1,955M	1,318M	1,234M	1,115M	1,015M	972M	827M	741M	880M	761M	635M	534M	395M	369M	378M	500M	476M	304M	176M
Return on Total Assets	5.61%	6.00%	4.97%	5.11%	5.01%	3.31%	6.37%	4.60%	5.86%	9.42%	3.74%	3.82%	4.40%	5.85%	4.08%	1.58%	6.70%	5.89%	2.99%	5.35%	6.06%	0.64%	-1.36%	7.52%	7.29%	9.35%	7.23%	1.37%	-6.21%	-26.02%	6.20%	6.47%	-21.83%	2.95%
Accounts Payable	54M	52M	44M	35M	29M	25M	59M	50M	53M	51M	45M	46M	39M	35M	37M	27M	19M	19M	19M	15M	13M	11M	10M	15M	10M	10M	7M	9M	9M	8M	13M	12M	10M	4M
Return on Accounts Payable	382.64%	408.61%	325.57%	340.16%	331.47%	240.89%	417.88%	337.55%	392.48%	640.78%	254.38%	229.72%	262.16%	380.10%	224.60%	116.07%	459.28%	375.18%	171.08%	370.24%	470.84%	47.52%	-98.15%	432.50%	534.51%	610.73%	536.69%	62.28%	-264.73%	-1,181.04%	239.59%	259.00%	-638.46%	140.54%
Short-Term Debt	13M	8M	11M	8M	6M	7M	39M	0M	0M	0M	0M	0M	0M	25M	20M	30M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	5M	52M	12M	16M	1M	3M
Return on Short-Term Debt	212.64%	127.58%	170.41%	113.61%	85.21%	53.10%	637.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	537.03%	426.15%	103.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-449.15%	-189.61%	262.11%	190.82%	-4,742.86%	200.00%
Tax Payables	15M	20M	18M	14M	14M	12M	0M	24M	20M	34M	23M	21M	21M	23M	5M	8M	4M	13M	6M	9M	5M	6M	2M	21M	22M	17M	15M	0M	0M	0M	0M	0M	0M	0M
Return on Tax Payables	583.95%	639.19%	698.63%	823.31%	642.68%	-659.58%	0.00%	702.58%	1,049.27%	947.34%	496.74%	496.01%	485.46%	580.79%	1,859.94%	368.19%	2,317.26%	558.56%	605.11%	622.74%	1,259.61%	83.79%	-490.14%	316.07%	247.41%	346.77%	250.78%	0.00%	0.00%	-29,593.67%	0.00%	0.00%	0.00%	0.00%
Deferred Revenue	0M	0M	1M	1M	1M	1M	0M	0M	0M	0M	0M	0M	0M	0M	5M	8M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	9M	0M	0M	0M	0M	0M
Return on Deferred Revenue	0.00%	0.00%	222.81%	148.54%	111.41%	79.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1,859.94%	368.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-249.97%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Current Liabilities	367M	320M	234M	179M	148M	131M	266M	550M	286M	281M	215M	189M	134M	56M	253M	110M	45M	52M	160M	38M	44M	132M	44M	37M	39M	28M	29M	61M	66M	49M	114M	157M	80M	67M
Return on Other Current Liabilities	65.48%	73.17%	79.96%	95.72%	97.76%	75.63%	92.50%	30.78%	73.16%	116.20%	53.22%	55.50%	76.51%	240.42%	33.29%	28.01%	195.66%	139.99%	20.77%	144.70%	135.06%	4.03%	-22.78%	178.37%	144.04%	215.82%	134.13%	8.86%	-34.67%	-200.08%	27.15%	19.66%	-83.10%	7.76%
Total Current Liabilities	955M	920M	727M	572M	481M	412M	956M	935M	976M	984M	750M	624M	551M	558M	459M	476M	306M	287M	269M	215M	234M	198M	173M	272M	229M	176M	158M	94M	89M	146M	171M	185M	92M	73M
Return on Total Current Liabilities	21.77%	22.75%	19.80%	21.00%	19.70%	13.97%	25.75%	18.10%	21.46%	33.16%	15.26%	16.81%	18.63%	23.95%	18.36%	6.49%	28.87%	25.33%	12.40%	25.22%	25.17%	2.67%	-5.82%	24.30%	24.18%	33.71%	24.38%	5.72%	-25.74%	-67.16%	18.12%	16.67%	-72.41%	7.09%
Long-Term Debt	397M	396M	316M	210M	160M	134M	398M	397M	396M	395M	395M	394M	223M	211M	236M	110M	0M	0M	0M	0M	0M	0M	0M	0M	0M	45M	45M	44M	41M	2M	12M	17M	2M	6M
Return on Long-Term Debt	52.45%	53.78%	46.86%	31.24%	30.01%	-204.32%	61.87%	42.61%	52.89%	82.52%	28.99%	26.63%	46.06%	63.31%	35.64%	28.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	131.64%	85.92%	12.17%	-55.37%	-6,012.91%	261.89%	182.14%	-2,766.67%	83.87%
Capital Lease Obligations	159M	176M	112M	74M	56M	45M	132M	180M	165M	200M	204M	236M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Capital Lease Obligations	135.97%	125.47%	67.19%	44.79%	33.59%	26.87%	186.75%	94.19%	126.96%	163.33%	56.11%	44.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Deferred Tax Liabilities	5M	4M	5M	3M	2M	2M	6M	5M	5M	3M	4M	1M	1M	9M	7M	5M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Deferred Tax Liabilities	3,918.30%	5,352.46%	4,928.39%	3,285.60%	2,464.20%	1,971.36%	4,114.06%	3,725.86%	3,914.97%	12,020.63%	2,986.80%	9,938.07%	9,306.53%	1,469.29%	1,200.19%	607.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Non-Current Liabilities	461M	429M	361M	300M	253M	215M	498M	460M	424M	381M	383M	320M	317M	289M	274M	260M	197M	191M	182M	170M	159M	138M	108M	112M	99M	90M	78M	75M	72M	50M	44M	40M	35M	36M
Return on Other Non-Current Liabilities	45.19%	50.21%	40.51%	38.35%	37.55%	26.07%	49.41%	36.80%	49.37%	85.59%	29.88%	32.80%	32.43%	46.22%	30.72%	11.89%	44.96%	38.02%	18.27%	31.96%	36.92%	3.85%	-9.31%	59.32%	56.03%	65.81%	49.56%	7.21%	-31.71%	-195.11%	70.74%	77.33%	-188.10%	14.36%
Total Non-Current Liabilities	995M	971M	769M	573M	459M	386M	1,033M	1,007M	945M	931M	938M	896M	541M	510M	517M	375M	197M	191M	182M	170M	159M	138M	108M	112M	99M	135M	123M	119M	114M	52M	56M	57M	38M	42M
Return on Total Non-Current Liabilities	20.92%	22.01%	19.15%	24.11%	25.77%	15.92%	23.81%	16.80%	22.17%	35.06%	12.21%	11.71%	18.99%	26.24%	16.27%	8.24%	44.96%	38.02%	18.27%	31.96%	36.92%	3.85%	-9.31%	59.32%	56.03%	43.88%	31.43%	4.53%	-20.16%	-188.97%	55.70%	54.28%	-176.13%	12.26%
Total Liabilities	1,951M	1,891M	1,502M	1,149M	944M	800M	1,989M	1,942M	1,921M	1,915M	1,688M	1,520M	1,091M	1,068M	976M	908M	503M	478M	451M	385M	393M	336M	282M	384M	329M	312M	281M	214M	203M	198M	227M	242M	129M	116M
Return on Total Liabilities	10.66%	11.16%	9.67%	11.06%	10.86%	7.45%	12.37%	8.71%	10.90%	17.04%	6.78%	6.90%	9.40%	12.52%	8.63%	3.41%	17.58%	15.20%	7.39%	14.10%	14.97%	1.58%	-3.58%	17.24%	16.89%	19.06%	13.73%	2.53%	-11.31%	-49.55%	13.67%	12.76%	-51.31%	4.49%
Preferred Stock	0M	0M	0M	0M	1M	1M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	11M	11M	11M	0M	0M	0M	0M	0M	1M
Return on Preferred Stock	0.00%	0.00%	0.00%	0.00%	27.04%	38.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	540.81%	357.76%	51.40%	0.00%	0.00%	0.00%	0.00%	0.00%	371.43%
Common Stock	403M	459M	561M	519M	482M	447M	364M	415M	430M	502M	583M	586M	656M	684M	693M	702M	464M	450M	432M	420M	405M	389M	368M	359M	400M	344M	331M	307M	302M	301M	296M	283M	0M	0M
Return on Common Stock	52.35%	48.34%	31.14%	25.45%	21.50%	16.55%	67.52%	40.77%	48.76%	65.01%	19.62%	17.92%	15.64%	19.56%	12.16%	4.40%	19.05%	16.17%	7.72%	12.93%	14.55%	1.36%	-2.74%	18.47%	13.87%	17.26%	11.68%	1.76%	-7.58%	-32.59%	10.47%	10.88%	0.00%	0.00%
Retained Earnings	1,442M	1,259M	913M	695M	535M	411M	1,588M	1,426M	1,311M	1,135M	835M	743M	661M	573M	462M	401M	392M	309M	236M	203M	148M	90M	85M	95M	32M	-23M	-83M	-121M	-127M	-103M	-5M	-36M	-2M	3M
Return on Retained Earnings	14.45%	17.16%	16.48%	19.42%	13.50%	-13.66%	15.49%	11.86%	15.98%	28.77%	13.71%	14.12%	15.53%	23.36%	18.22%	7.71%	22.54%	23.54%	14.10%	26.78%	39.65%	5.87%	-11.88%	69.69%	171.59%	-256.67%	-46.76%	-4.46%	18.09%	95.53%	-673.90%	-86.51%	2,766.67%	200.00%
Accumulated OCI	-96M	-86M	-78M	-53M	-37M	-31M	-86M	-108M	-93M	-92M	-52M	-107M	-77M	-40M	-71M	-58M	-41M	-2M	-3M	7M	26M	13M	6M	43M	0M	3M	5M	-5M	-9M	-19M	-21M	-16M	-25M	-18M
Return on Accumulated OCI	-222.76%	-248.64%	-198.02%	-368.17%	411.23%	381.90%	-285.31%	-157.10%	-225.87%	-354.03%	-220.87%	-97.92%	-133.92%	-333.32%	-118.46%	-53.38%	-217.50%	-3,044.01%	-1,265.41%	755.15%	229.44%	40.96%	-160.57%	155.60%	11,442.89%	2,268.32%	814.60%	-109.88%	255.63%	508.07%	-145.59%	-187.44%	269.92%	-29.55%
Minority Interest	5M	5M	4M	2M	2M	2M	6M	4M	5M	5M	2M	2M	3M	3M	4M	2M	0M	0M	0M	-1M	-1M	0M	0M	0M	0M	0M	0M	0M	0M	0M	3M	3M	2M	2M
Return on Minority Interest	4,180.22%	4,712.45%	4,018.89%	1,214.62%	910.97%	766.53%	4,329.79%	3,964.24%	4,246.64%	6,224.68%	4,796.90%	4,543.12%	3,758.73%	4,447.44%	2,332.53%	1,544.88%	0.00%	0.00%	0.00%	-10,647.65%	-11,321.92%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	943.79%	956.86%	-3,320.00%	260.00%
Total Shareholders’ Equity	1,749M	1,632M	1,397M	1,161M	981M	827M	1,866M	1,733M	1,648M	1,544M	1,366M	1,221M	1,241M	1,217M	1,083M	1,045M	815M	756M	664M	630M	579M	491M	459M	496M	433M	324M	253M	181M	166M	179M	270M	231M	173M	59M
Return on Total Shareholders’ Equity	11.89%	13.03%	10.38%	9.87%	9.57%	6.10%	13.18%	9.76%	12.71%	21.13%	8.38%	8.59%	8.27%	11.00%	7.77%	2.96%	10.84%	9.62%	5.01%	8.62%	10.17%	1.08%	-2.20%	13.35%	12.82%	18.36%	15.27%	2.99%	-13.76%	-54.80%	11.48%	13.33%	-38.45%	8.86%
Total Equity	1,754M	1,636M	1,400M	1,163M	982M	828M	1,872M	1,737M	1,653M	1,550M	1,369M	1,224M	1,243M	1,220M	1,087M	1,047M	815M	756M	664M	629M	578M	491M	459M	496M	433M	324M	253M	181M	166M	179M	273M	234M	175M	61M
Return on Total Equity	11.85%	13.00%	10.35%	9.85%	9.56%	6.09%	13.14%	9.74%	12.68%	21.06%	8.36%	8.58%	8.26%	10.97%	7.74%	2.95%	10.84%	9.62%	5.01%	8.63%	10.18%	1.08%	-2.20%	13.35%	12.82%	18.36%	15.27%	2.99%	-13.76%	-54.80%	11.34%	13.14%	-38.01%	8.57%
Total Liabilities & Equity	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Total Liabilities & Equity	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Total Investments	265M	264M	230M	210M	173M	140M	270M	275M	248M	254M	271M	204M	163M	235M	187M	193M	179M	164M	170M	174M	166M	93M	75M	64M	45M	29M	16M	8M	0M	3M	16M	60M	0M	0M
Return on Total Investments	78.95%	81.49%	63.99%	54.64%	62.23%	-77.26%	91.13%	61.40%	84.33%	128.34%	42.27%	51.54%	62.81%	56.93%	45.11%	16.04%	49.24%	44.22%	19.55%	31.23%	35.43%	5.68%	-13.41%	103.20%	123.07%	206.58%	237.25%	70.44%	0.00%	-3,672.93%	189.14%	51.37%	0.00%	0.00%
Net Debt	-360M	-343M	-275M	-281M	-276M	-234M	-436M	-361M	-283M	-383M	-252M	-59M	-403M	-285M	-155M	-133M	-381M	-334M	-224M	-282M	-247M	-219M	-255M	-319M	-289M	-212M	-154M	-64M	-36M	-13M	-65M	-54M	-110M	-24M
Return on Net Debt	-59.15%	-61.63%	-63.45%	-49.17%	-40.19%	-1.88%	-56.47%	-46.89%	-74.09%	-85.26%	-45.42%	-176.43%	-25.44%	-47.00%	-54.34%	-23.20%	-23.20%	-21.78%	-14.86%	-19.26%	-23.85%	-2.42%	3.96%	-20.76%	-19.20%	-27.98%	-25.05%	-8.48%	63.23%	775.09%	-47.90%	-57.15%	60.42%	-22.03%

Capital Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	2025-04-30	2024-04-30	2023-04-30	2022-04-30	2021-04-30	2020-04-30	2019-04-30	2018-04-30	2017-04-30	2016-04-30	2015-04-30	2014-04-30	2013-04-30	2012-04-30	2011-04-30	2010-04-30	2009-04-30	2008-04-30	2007-04-30	2006-04-30	2005-04-30	2004-04-30	2003-04-30	2002-04-30	2001-04-30	2000-04-30	1999-04-30	1998-04-30
Net Income	208M	213M	152M	122M	100M	78M	246M	169M	210M	326M	114M	105M	103M	134M	84M	31M	88M	73M	33M	54M	59M	5M	-10M	66M	55M	59M	39M	5M	-23M	-98M	31M	31M	-66M	5M
Working Capital	732M	742M	594M	481M	416M	348M	795M	740M	662M	776M	737M	613M	586M	456M	385M	188M	335M	275M	179M	285M	208M	188M	198M	254M	235M	218M	146M	88M	73M	26M	55M	83M	116M	27M
Return on Working Capital	28.49%	28.61%	24.54%	24.28%	21.94%	4.50%	30.97%	22.87%	31.63%	42.07%	15.53%	17.12%	17.52%	29.35%	21.86%	16.44%	26.38%	26.43%	18.65%	19.07%	28.34%	2.81%	-5.09%	26.09%	23.59%	27.24%	26.44%	6.12%	-31.51%	-383.64%	56.17%	37.10%	-57.19%	19.55%
Total Capital	2,320M	2,213M	1,836M	1,453M	1,202M	1,013M	2,438M	2,313M	2,209M	2,140M	1,965M	1,851M	1,464M	1,453M	1,339M	1,185M	815M	756M	664M	630M	579M	491M	459M	496M	433M	369M	298M	225M	213M	233M	294M	264M	177M	68M
Return on Total Capital	8.96%	9.59%	7.88%	8.20%	8.21%	5.48%	10.09%	7.31%	9.48%	15.25%	5.82%	5.67%	7.01%	9.21%	6.28%	2.61%	10.84%	9.62%	5.01%	8.62%	10.17%	1.08%	-2.20%	13.35%	12.82%	16.11%	12.97%	2.40%	-10.76%	-42.21%	10.55%	11.66%	-37.62%	7.70%
Capital Employed	2,749M	2,607M	2,175M	1,740M	1,444M	1,216M	2,906M	2,744M	2,598M	2,480M	2,306M	2,120M	1,784M	1,729M	1,604M	1,479M	1,012M	947M	847M	799M	738M	629M	568M	608M	532M	459M	376M	300M	280M	231M	329M	291M	212M	103M
Return on Capital Employed	7.57%	8.16%	6.66%	6.78%	6.75%	4.24%	8.47%	6.16%	8.06%	13.16%	4.96%	4.95%	5.75%	7.74%	5.25%	2.09%	8.73%	7.68%	3.93%	6.79%	7.98%	0.84%	-1.78%	10.89%	10.43%	12.94%	10.28%	1.80%	-8.18%	-42.48%	9.42%	10.58%	-31.26%	5.04%
Invested Capital	1,389M	1,289M	1,122M	880M	705M	593M	1,431M	1,372M	1,365M	1,162M	1,114M	1,162M	837M	932M	929M	912M	434M	422M	440M	348M	332M	272M	204M	177M	144M	111M	99M	117M	130M	167M	205M	177M	63M	35M
Return on Invested Capital	14.96%	16.65%	13.13%	13.99%	16.81%	12.74%	17.20%	12.33%	15.35%	28.10%	10.27%	9.03%	12.26%	14.35%	9.07%	3.39%	20.34%	17.23%	7.56%	15.61%	17.73%	1.95%	-4.94%	37.36%	38.58%	53.37%	39.12%	4.61%	-17.59%	-58.97%	15.10%	17.38%	-105.73%	14.81%

Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	TTM	TTM-1	2025-04-30	2024-04-30	2023-04-30	2022-04-30	2021-04-30	2020-04-30	2019-04-30	2018-04-30	2017-04-30	2016-04-30	2015-04-30	2014-04-30	2013-04-30	2012-04-30	2011-04-30	2010-04-30	2009-04-30	2008-04-30	2007-04-30	2006-04-30	2005-04-30	2004-04-30	2003-04-30	2002-04-30	2001-04-30	2000-04-30	1999-04-30	1998-04-30
Net Income	208M	213M	152M	122M	100M	78M	262M	248M	246M	169M	210M	326M	114M	105M	103M	134M	84M	31M	88M	73M	33M	54M	59M	5M	-10M	66M	55M	59M	39M	5M	-23M	-98M	31M	31M	-66M	5M
Depreciation & Amortization	76M	70M	59M	46M	37M	33M	95M	79M	80M	78M	68M	64M	62M	55M	46M	49M	47M	36M	28M	26M	19M	14M	13M	11M	12M	10M	9M	9M	10M	10M	16M	18M	28M	13M	9M	8M
Return on Depreciation & Amortization	276.69%	305.78%	247.83%	273.56%	297.74%	233.02%	274.66%	314.83%	306.48%	216.96%	306.62%	513.78%	185.07%	189.74%	220.81%	275.33%	178.12%	85.35%	320.17%	277.74%	175.19%	387.41%	464.64%	46.10%	-87.13%	634.14%	598.04%	660.19%	392.04%	53.87%	-139.60%	-547.39%	111.90%	231.09%	-713.98%	67.53%
Deferred Income Tax	-18M	-17M	-14M	-8M	-8M	-7M	-4M	-18M	-6M	-32M	-14M	-17M	-14M	-9M	-28M	-7M	7M	-19M	0M	8M	0M	7M	6M	-21M	-4M	-6M	-13M	-2M	-3M	-4M	-2M	1M	-4M	-1M	0M	0M
Return on Deferred Income Tax	-1,940.21%	-1,710.80%	-1,097.21%	-3,671.35%	-2,956.63%	-2,799.09%	-7,070.87%	-1,356.25%	-3,842.32%	-523.55%	-1,454.76%	-1,923.95%	-809.43%	-1,124.82%	-369.30%	-2,038.07%	1,277.60%	-163.45%	-27,961.08%	956.71%	-18,916.48%	833.89%	988.81%	-25.40%	231.79%	-1,104.99%	-441.48%	-2,722.40%	-1,253.49%	-149.54%	1,089.02%	-9,795.71%	-734.91%	-2,106.02%	0.00%	0.00%
Stock-Based Compensation	41M	36M	29M	24M	21M	17M	49M	42M	48M	40M	36M	29M	27M	23M	23M	21M	19M	19M	14M	12M	12M	13M	16M	18M	16M	16M	6M	6M	4M	2M	1M	1M	0M	0M	0M	0M
Return on Stock-Based Compensation	504.57%	610.49%	518.21%	498.79%	489.55%	27.73%	530.46%	587.16%	513.05%	423.20%	577.45%	1,117.29%	421.45%	459.93%	438.96%	623.13%	444.04%	163.60%	635.71%	600.45%	279.63%	405.28%	378.68%	29.88%	-61.91%	415.14%	974.50%	951.49%	911.92%	288.93%	-1,769.86%	-8,528.73%	0.00%	0.00%	0.00%	0.00%
Change in Working Capital	20M	43M	23M	16M	12M	9M	290M	8M	-3M	41M	22M	58M	97M	48M	5M	24M	-51M	-11M	-11M	21M	5M	-13M	13M	-27M	-42M	21M	34M	6M	38M	13M	22M	-65M	-20M	18M	11M	5M
Return on Change in Working Capital	-1,887.59%	-996.42%	-274.38%	-166.52%	-50.88%	-39.50%	90.33%	3,006.36%	-7,044.43%	417.61%	964.06%	562.43%	118.25%	219.92%	1,897.43%	554.78%	-164.39%	-269.44%	-828.55%	349.22%	667.19%	-403.86%	462.05%	-19.29%	24.19%	314.39%	163.82%	996.98%	100.70%	42.07%	-105.99%	150.71%	-157.25%	168.85%	-632.38%	104.00%
Accounts Receivable	9M	-36M	-29M	-25M	-21M	-17M	34M	3M	-28M	22M	33M	-139M	-67M	34M	-31M	-53M	-42M	-17M	-17M	-22M	-16M	0M	-28M	-34M	45M	-23M	-26M	-19M	-22M	0M	21M	5M	0M	0M	0M	0M
Return on Accounts Receivable	172.44%	22.38%	-55.16%	-120.52%	-132.53%	-148.45%	777.58%	9,754.39%	-893.73%	785.27%	625.78%	-235.42%	-169.99%	307.29%	-335.19%	-250.72%	-198.89%	-185.98%	-513.32%	-325.71%	-207.94%	0.00%	-209.22%	-15.81%	-22.61%	-285.22%	-213.73%	-305.41%	-172.13%	1,125.63%	-110.06%	-1,904.09%	0.00%	0.00%	0.00%	0.00%
Inventory	-16M	-9M	-5M	-4M	-4M	-9M	0M	0M	0M	0M	-47M	0M	0M	-6M	1M	21M	-19M	-6M	-10M	7M	2M	0M	-8M	-1M	-20M	-8M	3M	1M	-134M	4M	5M	-2M	0M	0M	0M	0M
Return on Inventory	-149.23%	31,703.24%	16,339.84%	10,968.03%	8,503.55%	7,045.15%	0.00%	0.00%	0.00%	0.00%	-447.68%	0.00%	158,963.89%	-1,711.73%	6,964.11%	635.80%	-454.20%	-551.82%	-864.21%	1,013.26%	1,692.58%	0.00%	-719.56%	-391.29%	49.84%	-785.89%	1,950.04%	4,727.92%	-28.75%	152.15%	-466.53%	6,400.72%	0.00%	0.00%	0.00%	0.00%
Accounts Payable	-28M	46M	34M	28M	22M	17M	5M	-53M	-2M	-55M	-28M	191M	123M	-6M	28M	66M	5M	19M	18M	29M	8M	-18M	40M	-1M	-82M	48M	44M	15M	49M	11M	-11M	-70M	0M	0M	0M	0M
Return on Accounts Payable	-4,504.94%	-2,650.21%	-1,271.60%	-782.18%	-587.46%	-450.59%	5,727.58%	-467.63%	-12,452.53%	-309.17%	-753.13%	170.47%	93.29%	-1,745.90%	361.47%	202.45%	1,553.15%	163.89%	496.67%	249.76%	391.96%	-301.92%	146.79%	-676.63%	12.27%	138.51%	125.20%	384.16%	78.73%	51.19%	214.72%	139.86%	0.00%	0.00%	0.00%	0.00%
Other Working Capital	54M	42M	23M	17M	15M	18M	43M	59M	26M	74M	63M	5M	41M	26M	6M	-10M	4M	-8M	-1M	7M	11M	5M	9M	8M	16M	5M	13M	9M	146M	-2M	7M	1M	-20M	18M	11M	5M
Return on Other Working Capital	502.90%	1,610.62%	1,034.88%	326.04%	368.33%	-11.00%	605.77%	422.20%	945.85%	229.59%	333.25%	6,267.72%	276.70%	408.19%	1,665.60%	-1,386.17%	1,989.15%	-381.12%	-8,688.00%	1,060.41%	315.87%	1,196.10%	657.44%	64.76%	-62.58%	1,352.07%	438.03%	683.65%	26.44%	-309.98%	-349.28%	-6,851.53%	-157.25%	168.85%	-632.38%	104.00%
Other Non-Cash Items	0M	0M	12M	5M	5M	9M	-342M	-40M	-5M	-15M	19M	37M	-36M	13M	107M	-4M	-3M	8M	-12M	-10M	-7M	-4M	-10M	-17M	31M	2M	11M	2M	0M	4M	10M	84M	29M	13M	85M	1M
Return on Other Non-Cash Items	-1,632.34%	-867.05%	-912.02%	-871.79%	-302.40%	-1,042.68%	-76.44%	-612.71%	-4,858.08%	-1,148.21%	1,109.26%	881.63%	-319.86%	819.06%	96.37%	-3,055.01%	-3,035.74%	390.36%	-761.90%	-734.25%	-455.44%	-1,425.28%	-579.81%	-31.11%	-32.09%	3,594.52%	526.00%	2,971.50%	-19,907.22%	122.07%	-224.68%	-117.22%	108.24%	231.24%	-77.84%	866.67%
Net Cash from Operating Activities	331M	349M	263M	206M	168M	140M	354M	321M	364M	284M	344M	502M	251M	236M	259M	219M	106M	64M	107M	129M	62M	71M	96M	-31M	3M	110M	102M	80M	88M	31M	24M	-60M	63M	74M	39M	19M
Return on Net Cash from Operating Activities	62.68%	59.72%	57.13%	60.12%	37.75%	37.48%	74.01%	77.23%	67.53%	59.57%	60.93%	65.06%	45.52%	44.40%	39.66%	61.05%	79.37%	48.24%	82.36%	56.14%	53.95%	76.51%	61.56%	-17.18%	-318.26%	60.46%	54.23%	73.87%	43.99%	17.45%	-93.50%	165.08%	48.89%	41.49%	-171.58%	28.11%
Capital Expenditures (PPE)	-63M	-54M	-47M	-39M	-33M	-28M	-81M	-48M	-62M	-55M	-70M	-49M	-31M	-41M	-47M	-42M	-50M	-26M	-22M	-29M	-13M	-19M	-28M	-11M	-12M	-17M	-14M	-11M	-8M	-2M	-3M	-9M	-34M	-23M	-9M	-22M
Return on Capital Expenditures (PPE)	-332.75%	-405.31%	-310.44%	-300.99%	-289.42%	-194.40%	-322.96%	-511.53%	-393.80%	-306.73%	-297.70%	-660.57%	-367.76%	-253.13%	-219.89%	-318.52%	-168.07%	-118.24%	-404.19%	-254.53%	-254.13%	-286.45%	-211.10%	-49.22%	84.47%	-390.03%	-393.38%	-525.46%	-513.22%	-280.38%	662.87%	1,150.61%	-91.32%	-134.69%	706.38%	-23.32%
Acquisitions (Net)	-100M	-87M	-80M	-63M	-50M	-42M	0M	0M	-44M	0M	-255M	-134M	0M	-109M	0M	0M	-3M	-252M	-15M	-15M	-112M	-1M	-6M	-21M	-13M	-4M	-24M	-1M	0M	0M	0M	-1M	-44M	-43M	0M	0M
Return on Acquisitions (Net)	-211.97%	10,990.28%	18,098.29%	11,633.52%	8,341.63%	6,773.05%	0.00%	0.00%	-553.67%	0.00%	-82.25%	-243.91%	55,831.22%	-96.63%	73,322.14%	55,741.25%	-2,922.95%	-12.26%	-577.65%	-484.61%	-29.71%	-4,372.22%	-1,015.94%	-25.06%	78.23%	-1,828.02%	-230.01%	-5,665.40%	-9,217.18%	0.00%	0.00%	11,780.70%	-69.71%	-72.30%	0.00%	0.00%
Purchases of Investments	-46M	-65M	-47M	-46M	-34M	-28M	-36M	-40M	-39M	-46M	-54M	-82M	-103M	-84M	-9M	-9M	-11M	-30M	-23M	-28M	-50M	-56M	-66M	9M	-4M	21M	-11M	-10M	-8M	-1M	0M	0M	-16M	-31M	-30M	0M
Return on Purchases of Investments	-461.57%	-378.64%	-541.66%	-420.96%	-339.65%	-336.96%	-735.55%	-617.92%	-623.68%	-369.59%	-391.42%	-397.93%	-110.58%	-125.59%	-1,083.27%	-1,413.86%	-798.98%	-101.70%	-386.80%	-258.23%	-66.01%	-97.46%	-89.25%	57.52%	245.91%	311.35%	-510.56%	-582.76%	-494.18%	-947.89%	0.00%	0.00%	-189.14%	-99.23%	220.60%	0.00%
Sales / Maturities of Investments	51M	63M	45M	43M	34M	30M	49M	42M	42M	46M	66M	92M	70M	48M	14M	3M	43M	30M	21M	44M	52M	43M	29M	10M	0M	21M	0M	0M	1M	0M	0M	16M	61M	0M	0M	0M
Return on Sales / Maturities of Investments	424.25%	357.99%	811.67%	605.99%	472.67%	511.92%	533.22%	595.78%	586.97%	367.73%	318.06%	352.93%	164.25%	218.93%	744.87%	5,063.55%	196.62%	102.82%	413.62%	163.44%	64.63%	125.76%	205.72%	52.10%	0.00%	311.35%	0.00%	0.00%	3,893.15%	0.00%	0.00%	-599.20%	50.75%	0.00%	0.00%	0.00%
Other Investing Activities	-10M	-8M	-7M	-4M	-5M	-5M	-64M	-21M	-21M	1M	-11M	-12M	3M	-13M	-27M	4M	0M	4M	8M	4M	7M	0M	-10M	-11M	1M	-20M	1M	1M	-1M	9M	-7M	-10M	-22M	-11M	-8M	2M
Return on Other Investing Activities	4,144.20%	2,605.40%	11,641.04%	6,713.94%	5,812.03%	4,567.27%	-411.18%	-1,187.50%	-1,169.44%	15,561.55%	-1,959.50%	-2,818.06%	3,412.46%	-802.77%	-376.98%	3,576.02%	100,215.48%	771.67%	1,095.29%	1,995.91%	451.12%	-18,660.82%	-582.85%	-48.51%	-861.83%	-328.13%	9,486.84%	7,283.09%	-3,337.94%	60.41%	329.90%	1,029.56%	-140.62%	-290.37%	800.00%	216.67%
Net Cash from Investing Activities	-168M	-150M	-136M	-109M	-88M	-74M	-131M	-68M	-125M	-54M	-323M	-184M	-61M	-199M	-69M	-45M	-21M	-275M	-31M	-24M	-117M	-33M	-81M	-23M	-28M	2M	-49M	-22M	-16M	6M	-10M	-3M	-56M	-107M	-48M	-20M
Return on Net Cash from Investing Activities	-191.70%	-187.72%	-185.73%	-181.33%	33.83%	183.32%	-199.50%	-365.38%	-196.07%	-314.25%	-64.77%	-177.05%	-186.47%	-52.80%	-147.77%	-298.35%	-408.55%	-11.26%	-289.03%	-308.12%	-28.53%	-164.42%	-72.57%	-22.60%	36.33%	3,770.56%	-114.38%	-273.35%	-242.53%	83.81%	220.28%	3,900.40%	-55.58%	-28.76%	138.91%	-26.13%
Net Debt Issuance	-3M	-2M	41M	27M	21M	18M	-5M	-2M	-6M	-2M	-2M	-1M	-1M	166M	15M	-21M	120M	139M	-3M	0M	0M	0M	6M	5M	1M	1M	9M	2M	0M	-5M	-2M	41M	-12M	0M	2M	5M
Return on Net Debt Issuance	-8,654.96%	-11,811.18%	-5,882.47%	-4,294.96%	-2,611.79%	3,652.63%	-5,315.72%	-10,791.46%	-4,273.39%	-8,907.53%	-12,783.95%	-24,446.44%	-8,644.56%	63.28%	706.82%	-631.66%	70.43%	22.28%	-2,676.67%	-18,734.79%	0.00%	14,836.89%	974.90%	99.64%	-1,061.20%	9,145.17%	643.68%	3,361.43%	143,037.04%	-113.68%	1,123.20%	-238.40%	-256.75%	12,731.82%	-2,886.96%	96.30%
Long-Term Debt Issuance	-4M	-5M	39M	26M	20M	17M	-5M	-2M	-6M	-2M	-4M	-1M	-14M	166M	15M	-21M	118M	139M	-3M	0M	0M	0M	6M	5M	1M	1M	0M	2M	0M	-5M	-2M	41M	-12M	0M	2M	5M
Return on Long-Term Debt Issuance	-5,981.34%	-8,646.37%	-4,300.01%	-3,239.98%	-1,852.74%	4,259.87%	-5,315.72%	-10,791.46%	-4,273.39%	-8,907.53%	-4,763.11%	-24,446.44%	-841.39%	63.28%	706.82%	-631.66%	71.09%	22.28%	-2,676.67%	-18,734.79%	0.00%	14,836.89%	974.90%	99.64%	-1,061.20%	9,145.17%	0.00%	3,361.43%	143,037.04%	-113.68%	1,123.20%	-238.40%	-256.75%	12,731.82%	-2,886.96%	96.30%
Short-Term Debt Issuance	1M	3M	2M	1M	1M	1M	0M	0M	0M	0M	3M	0M	12M	0M	0M	0M	1M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Short-Term Debt Issuance	2,530.54%	1,704.75%	1,606.01%	1,070.67%	803.00%	642.40%	0.00%	0.00%	0.00%	0.00%	7,591.63%	0.00%	932.11%	0.00%	0.00%	0.00%	7,536.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Stock Issuance	-77M	-70M	-54M	-37M	-33M	-25M	-39M	-96M	-89M	-53M	-88M	-89M	-30M	-85M	-37M	-33M	-28M	-3M	0M	-2M	-3M	0M	-14M	-3M	-10M	-47M	-35M	-1M	15M	2M	-1M	3M	10M	8M	121M	4M
Return on Net Stock Issuance	-277.90%	-315.13%	-359.12%	1,759.19%	835.36%	642.71%	-674.36%	-259.23%	-277.04%	-318.19%	-238.49%	-365.31%	-376.65%	-123.81%	-274.67%	-404.52%	-295.81%	-916.76%	0.00%	-3,232.15%	-1,173.11%	34,809.62%	-425.27%	-168.94%	105.26%	-141.70%	-160.18%	-9,315.05%	261.99%	329.05%	1,804.73%	-3,353.28%	317.95%	365.62%	-54.97%	136.84%
Common Stock Issuance	0M	0M	0M	0M	4M	4M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	7M	4M	17M	23M	20M	18M	4M	1M	3M	10M	8M	142M	7M
Return on Common Stock Issuance	0.00%	0.00%	0.00%	0.00%	35.96%	-160.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	81.18%	-279.63%	379.74%	241.56%	296.42%	211.88%	149.75%	-2,561.74%	-2,837.98%	301.48%	365.62%	-46.83%	78.79%
Common Stock Repurchased	-79M	-73M	-56M	-39M	-37M	-30M	-51M	-100M	-89M	-53M	-95M	-96M	-30M	-92M	-37M	-33M	-29M	-7M	-4M	-2M	-3M	-4M	-14M	-3M	-10M	-64M	-58M	-21M	-3M	-2M	-1M	-1M	-1M	-1M	-21M	-3M
Return on Common Stock Repurchased	-271.57%	-306.08%	-303.24%	-755.96%	-594.49%	47.27%	-512.95%	-248.19%	-277.04%	-318.19%	-219.49%	-339.05%	-376.65%	-113.52%	-274.67%	-404.52%	-292.08%	-417.18%	-2,188.14%	-3,232.15%	-1,173.11%	-1,288.33%	-425.27%	-168.94%	105.26%	-103.19%	-96.31%	-287.28%	-1,107.86%	-274.82%	1,804.73%	18,468.23%	-5,818.57%	-3,196.16%	316.19%	-185.71%
Preferred Stock Issuance	3M	3M	2M	2M	1M	1M	0M	4M	0M	0M	8M	7M	0M	8M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Stock Issuance	918.26%	1,494.33%	3,202.78%	2,135.19%	1,601.39%	1,281.11%	0.00%	5,830.13%	0.00%	0.00%	2,754.79%	4,716.87%	0.00%	1,365.77%	0.00%	0.00%	23,190.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Dividends Paid	-57M	-44M	-33M	-23M	-18M	-14M	-96M	-74M	-84M	-54M	-33M	-27M	-22M	-23M	-23M	-23M	-23M	-22M	-5M	0M	0M	-2M	-2M	-1M	-3M	-3M	-2M	-3M	-1M	0M	0M	0M	0M	0M	0M	0M
Return on Net Dividends Paid	-413.57%	-593.57%	-495.11%	-906.46%	-1,029.23%	-928.05%	-273.41%	-333.04%	-294.22%	-311.00%	-635.49%	-1,218.40%	-508.73%	-460.33%	-437.58%	-582.79%	-361.01%	-141.59%	-1,730.79%	0.00%	0.00%	-3,253.62%	-3,661.32%	-553.03%	341.87%	-2,265.17%	-2,284.81%	-2,226.68%	-2,616.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Dividends Paid	-57M	-44M	-33M	-23M	-18M	-14M	-71M	-74M	-84M	-54M	-33M	-27M	-22M	-23M	-23M	-23M	-23M	-22M	-5M	-2M	0M	0M	-1M	-1M	-3M	-3M	-2M	-3M	-1M	0M	0M	0M	0M	0M	0M	0M
Return on Common Dividends Paid	-413.57%	-593.57%	-495.11%	-1,328.21%	-1,345.54%	-1,181.10%	-370.78%	-333.04%	-294.22%	-311.00%	-635.49%	-1,218.40%	-508.73%	-460.33%	-437.58%	-582.79%	-361.01%	-141.59%	-1,730.79%	-3,428.82%	0.00%	0.00%	-9,812.33%	-553.03%	341.87%	-2,265.17%	-2,284.81%	-2,226.68%	-2,616.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Dividends Paid	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-1M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Dividends Paid	0.00%	0.00%	0.00%	-389.38%	-292.03%	-233.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-5,840.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Financing Activities	-16M	-16M	-11M	-5M	-2M	-2M	-28M	-17M	-13M	-7M	-30M	-20M	-13M	-15M	-18M	0M	-3M	5M	0M	8M	2M	6M	15M	7M	6M	8M	11M	3M	4M	-9M	9M	0M	0M	0M	-30M	0M
Return on Other Financing Activities	-1,709.55%	-1,532.92%	-26,321.00%	-16,060.74%	-11,870.87%	-9,468.64%	-934.38%	-1,497.36%	-1,965.19%	-2,458.28%	-705.18%	-1,633.11%	-902.85%	-718.41%	-560.41%	-252,413.21%	-2,483.22%	629.85%	18,759.45%	885.18%	1,371.21%	899.80%	383.24%	77.08%	-170.85%	878.71%	501.93%	2,206.83%	1,015.78%	-57.50%	-256.86%	0.00%	0.00%	0.00%	219.87%	0.00%
Net Cash from Financing Activities	-153M	-133M	-58M	-38M	-32M	-23M	-167M	-189M	-191M	-116M	-152M	-137M	-67M	44M	-65M	-77M	64M	118M	-8M	6M	0M	2M	6M	8M	-6M	-41M	-26M	1M	17M	-13M	6M	44M	-2M	9M	93M	9M
Return on Net Cash from Financing Activities	-137.37%	-164.13%	-75.57%	-347.45%	-9.60%	-78.97%	-156.28%	-131.22%	-129.01%	-145.41%	-137.68%	-237.45%	-171.12%	240.26%	-158.84%	-173.16%	130.63%	26.10%	-1,113.51%	1,303.87%	-8,120.24%	2,484.13%	989.65%	65.44%	177.61%	-159.97%	-213.30%	5,149.91%	225.93%	-43.20%	-408.38%	-222.57%	-1,333.89%	355.42%	-71.47%	56.52%
Effect of FX on Cash	0M	-3M	-7M	-6M	-4M	-4M	12M	10M	18M	-17M	-2M	-53M	38M	-18M	-19M	13M	-12M	-16M	-22M	-2M	-3M	-5M	7M	10M	-20M	17M	4M	-1M	2M	1M	-3M	-2M	-4M	-3M	-2M	-1M
Return on Effect of FX on Cash	-2,934.39%	-1,825.08%	-1,008.18%	-1,072.27%	-909.21%	-374.77%	2,225.85%	2,510.53%	1,380.35%	-1,005.73%	-9,177.79%	-620.57%	298.32%	-570.86%	-534.61%	1,034.00%	-686.02%	-198.91%	-408.12%	-4,007.22%	-1,318.53%	-1,089.33%	821.00%	50.81%	50.45%	401.04%	1,470.92%	-4,073.34%	1,858.52%	1,041.04%	727.28%	5,998.23%	-810.16%	-1,213.51%	2,766.67%	-650.00%
Net Change in Cash	10M	64M	63M	53M	44M	40M	67M	74M	66M	97M	-134M	127M	162M	63M	106M	110M	138M	-108M	47M	110M	-58M	35M	28M	-36M	-50M	86M	32M	58M	91M	25M	17M	-20M	1M	-27M	81M	7M
Return on Net Change in Cash	130.39%	143.68%	113.67%	113.38%	103.01%	182.91%	392.17%	334.62%	373.05%	174.42%	-156.31%	256.39%	70.85%	166.89%	97.29%	121.65%	61.16%	-28.73%	187.51%	66.29%	-57.46%	154.49%	213.13%	-14.81%	20.07%	76.64%	175.83%	101.75%	42.43%	21.26%	-138.32%	503.00%	2,084.21%	-115.11%	-81.57%	74.29%
Cash at Beginning of Period	921M	861M	652M	521M	454M	380M	3,166M	2,932M	941M	844M	978M	851M	689M	626M	521M	411M	273M	381M	334M	224M	282M	247M	219M	255M	305M	233M	258M	199M	108M	83M	66M	86M	87M	114M	32M	25M
Return on Cash at Beginning of Period	22.54%	24.52%	23.05%	23.34%	21.44%	14.29%	8.27%	8.45%	26.15%	20.04%	21.42%	38.36%	16.61%	16.75%	19.71%	32.56%	30.81%	8.12%	26.48%	32.44%	11.81%	22.00%	26.85%	2.08%	-3.31%	28.47%	21.55%	29.84%	35.73%	6.53%	-34.63%	-114.70%	35.66%	27.09%	-205.57%	20.55%
Cash at End of Period	931M	924M	714M	574M	497M	420M	3,233M	3,006M	1,007M	941M	844M	978M	851M	689M	626M	521M	411M	273M	381M	334M	224M	282M	247M	219M	255M	319M	289M	258M	199M	108M	83M	66M	88M	87M	114M	32M
Return on Cash at End of Period	22.41%	22.81%	20.32%	20.41%	18.38%	10.03%	8.10%	8.24%	24.44%	17.98%	24.83%	33.37%	13.45%	15.23%	16.39%	25.68%	20.49%	11.31%	23.20%	21.78%	14.86%	19.26%	23.85%	2.42%	-3.96%	20.76%	19.20%	23.08%	19.39%	5.00%	-27.70%	-148.58%	35.06%	35.43%	-58.40%	16.10%
Operating Cash Flow	331M	349M	263M	206M	168M	140M	354M	321M	364M	284M	344M	502M	251M	236M	259M	219M	106M	64M	107M	129M	62M	71M	96M	-31M	3M	110M	102M	80M	88M	31M	24M	-60M	63M	74M	39M	19M
Return on Operating Cash Flow	62.68%	59.72%	57.13%	60.12%	37.75%	37.48%	74.01%	77.23%	67.53%	59.57%	60.93%	65.06%	45.52%	44.40%	39.66%	61.05%	79.37%	48.24%	82.36%	56.14%	53.95%	76.51%	61.56%	-17.18%	-318.26%	60.46%	54.23%	73.87%	43.99%	17.45%	-93.50%	165.08%	48.89%	41.49%	-171.58%	28.11%
Capital Expenditure	-63M	-54M	-47M	-39M	-33M	-28M	-81M	-48M	-62M	-55M	-70M	-49M	-31M	-41M	-47M	-42M	-50M	-26M	-22M	-29M	-13M	-19M	-28M	-11M	-12M	-17M	-14M	-11M	-8M	-2M	-3M	-9M	-34M	-23M	-9M	-22M
Return on Capital Expenditure	-332.75%	-405.31%	-310.44%	-300.99%	-289.42%	-194.40%	-322.96%	-511.53%	-393.80%	-306.73%	-297.70%	-660.57%	-367.76%	-253.13%	-219.89%	-318.52%	-168.07%	-118.24%	-404.19%	-254.53%	-254.13%	-286.45%	-211.10%	-49.22%	84.47%	-390.03%	-393.38%	-525.46%	-513.22%	-280.38%	662.87%	1,150.61%	-91.32%	-134.69%	706.38%	-23.32%
Free Cash Flow	268M	295M	215M	167M	135M	112M	273M	272M	302M	229M	274M	452M	220M	195M	212M	177M	56M	38M	85M	101M	49M	52M	68M	-42M	-9M	93M	88M	69M	80M	29M	21M	-68M	29M	51M	29M	-4M
Return on Free Cash Flow	77.35%	71.23%	76.58%	80.07%	76.19%	69.25%	96.01%	90.97%	81.51%	73.93%	76.61%	72.16%	51.95%	53.85%	48.39%	75.53%	150.39%	81.49%	103.44%	72.03%	68.50%	104.39%	86.91%	-12.73%	115.00%	71.55%	62.91%	85.95%	48.12%	18.61%	-108.85%	144.36%	105.22%	59.97%	-226.62%	-136.84%

Free Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	TTM	TTM-1	2025-04-30	2024-04-30	2023-04-30	2022-04-30	2021-04-30	2020-04-30	2019-04-30	2018-04-30	2017-04-30	2016-04-30	2015-04-30	2014-04-30	2013-04-30	2012-04-30	2011-04-30	2010-04-30	2009-04-30	2008-04-30	2007-04-30	2006-04-30	2005-04-30	2004-04-30	2003-04-30	2002-04-30	2001-04-30	2000-04-30	1999-04-30	1998-04-30
Net Income	212M	217M	155M	124M	102M	79M	265M	249M	251M	173M	213M	331M	116M	107M	105M	136M	87M	31M	88M	73M	33M	54M	59M	5M	-10M	66M	55M	59M	39M	5M	-23M	-98M	31M	31M	-66M	5M
EBITDA	386M	387M	289M	229M	190M	161M	460M	426M	446M	322M	390M	522M	255M	228M	198M	268M	178M	87M	151M	121M	69M	97M	105M	29M	57M	102M	92M	85M	76M	34M	22M	6M	83M	62M	44M	23M
Return on EBITDA	54.88%	54.68%	50.93%	52.54%	49.18%	-31.78%	57.73%	58.31%	56.35%	53.66%	54.64%	63.41%	45.35%	46.90%	52.90%	50.76%	49.04%	36.29%	58.48%	59.85%	48.12%	56.21%	56.12%	17.99%	-17.64%	64.73%	60.63%	69.77%	51.06%	15.73%	-102.09%	-1,780.23%	37.51%	49.34%	-151.25%	22.41%
(-) Tax Adjustment	101M	100M	78M	64M	52M	45M	124M	99M	121M	72M	109M	123M	75M	66M	44M	91M	45M	34M	42M	35M	24M	34M	38M	-3M	2M	37M	33M	22M	26M	13M	2M	-1M	37M	27M	7M	13M
Return on (-) Tax Adjustment	213.70%	212.86%	190.32%	185.08%	133.21%	710.93%	213.29%	250.16%	207.13%	238.56%	195.43%	268.99%	154.22%	161.13%	239.99%	148.91%	195.49%	93.34%	212.60%	207.98%	138.31%	160.20%	153.98%	-175.19%	-554.46%	177.58%	165.82%	274.25%	147.96%	42.14%	-1,132.86%	15,968.22%	83.45%	112.34%	-964.66%	39.81%
(-) Change In Working Capital	20M	43M	23M	16M	12M	9M	290M	8M	-3M	41M	22M	58M	97M	48M	5M	24M	-51M	-11M	-11M	21M	5M	-13M	13M	-27M	-42M	21M	34M	6M	38M	13M	22M	-65M	-20M	18M	11M	5M
Return on (-) Change In Working Capital	-1,927.22%	-1,018.42%	-281.16%	-171.03%	-54.27%	-42.21%	91.59%	3,017.92%	-7,187.98%	426.02%	980.28%	570.16%	119.39%	224.26%	1,937.08%	563.56%	-170.36%	-273.97%	-828.55%	349.22%	667.19%	-403.86%	462.05%	-19.29%	24.19%	314.39%	163.82%	996.98%	100.70%	42.07%	-105.99%	150.71%	-157.25%	168.85%	-632.38%	104.00%
(-) Capital Expenditure	-63M	-54M	-47M	-39M	-33M	-28M	-81M	-48M	-62M	-55M	-70M	-49M	-31M	-41M	-47M	-42M	-50M	-26M	-22M	-29M	-13M	-19M	-28M	-11M	-12M	-17M	-14M	-11M	-8M	-2M	-3M	-9M	-34M	-23M	-9M	-22M
Return on (-) Capital Expenditure	-339.15%	-411.68%	-315.90%	-304.63%	-292.15%	-196.58%	-327.45%	-513.50%	-401.82%	-312.91%	-302.71%	-669.65%	-371.32%	-258.12%	-224.49%	-323.56%	-174.17%	-120.23%	-404.19%	-254.53%	-254.13%	-286.45%	-211.10%	-49.22%	84.47%	-390.03%	-393.38%	-525.46%	-513.22%	-280.38%	662.87%	1,150.61%	-91.32%	-134.69%	706.38%	-23.32%
Unlevered Free Cash Flow	203M	190M	141M	110M	94M	79M	-36M	270M	265M	154M	189M	291M	52M	73M	102M	110M	134M	38M	98M	37M	27M	57M	26M	49M	85M	27M	10M	46M	4M	7M	-5M	63M	31M	-6M	17M	-17M
Return on Unlevered Free Cash Flow	106.61%	131.15%	117.59%	127.04%	141.45%	176.05%	-746.14%	91.97%	94.62%	112.35%	112.85%	113.58%	222.34%	147.48%	102.40%	123.16%	64.92%	82.15%	89.85%	195.74%	123.19%	94.93%	226.04%	10.77%	-11.85%	245.47%	550.51%	128.52%	1,057.26%	79.98%	492.35%	-156.49%	99.18%	-505.23%	-387.92%	-30.30%
(-) Net Interest Income After Taxes	-17M	-18M	-14M	-10M	-9M	-8M	-1M	-15M	-15M	-16M	-19M	-19M	-21M	-16M	-13M	-9M	-11M	0M	-1M	-2M	-2M	-1M	-2M	-3M	-5M	-3M	-6M	-8M	-7M	-6M	-10M	-9M	0M	0M	0M	0M
Return on (-) Net Interest Income After Taxes	-1,299.69%	-1,233.95%	1,176.67%	-657.87%	-683.10%	-521.44%	-24,045.74%	-1,688.18%	-1,693.82%	-1,061.82%	-1,143.43%	-1,711.54%	-559.12%	-680.50%	-795.86%	-1,490.63%	-797.24%	21,700.69%	-6,832.01%	-4,319.06%	-2,158.81%	-4,670.79%	-3,654.19%	-183.24%	192.67%	-2,165.13%	-860.06%	-778.08%	-563.63%	-87.05%	239.22%	1,037.39%	0.00%	0.00%	0.00%	0.00%
Net Debt Issuance	-3M	-2M	41M	27M	21M	18M	-5M	-2M	-6M	-2M	-2M	-1M	-1M	166M	15M	-21M	120M	139M	-3M	0M	0M	0M	6M	5M	1M	1M	9M	2M	0M	-5M	-2M	41M	-12M	0M	2M	5M
Return on Net Debt Issuance	-8,815.48%	-11,991.42%	-5,971.70%	-4,354.45%	-2,656.40%	3,616.94%	-5,389.66%	-10,832.94%	-4,360.47%	-9,086.94%	-12,999.02%	-24,782.40%	-8,728.25%	64.53%	721.59%	-641.66%	72.98%	22.65%	-2,676.67%	-18,734.79%	0.00%	14,836.89%	974.90%	99.64%	-1,061.20%	9,145.17%	643.68%	3,361.43%	143,037.04%	-113.68%	1,123.20%	-238.40%	-256.75%	12,731.82%	-2,886.96%	96.30%
Levered Free Cash Flow	216M	206M	195M	147M	123M	105M	-39M	283M	274M	168M	206M	309M	71M	254M	130M	98M	265M	177M	96M	38M	29M	59M	34M	57M	91M	31M	25M	56M	11M	8M	3M	113M	19M	-6M	19M	-12M
Return on Levered Free Cash Flow	99.26%	113.36%	87.85%	102.87%	104.20%	71.89%	-673.77%	87.92%	91.49%	102.75%	103.53%	106.97%	162.03%	42.11%	80.59%	138.28%	32.94%	17.77%	91.72%	189.14%	116.54%	92.46%	174.72%	9.23%	-11.05%	215.29%	220.62%	106.79%	366.70%	65.82%	-794.34%	-86.59%	161.61%	-526.11%	-341.97%	-44.21%