ArcBest Corporation (ARCB)

Category: Company Returns Sector: Industrials Industry: Trucking Live Price: $90.55

Income Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Net Income	223M	190M	118M	81M	68M	65M	55M	97M	194M	174M	195M	298M	214M	71M	40M	67M	60M	19M	45M	46M	16M	-8M	6M	-32M	-128M	29M	57M	84M	105M	76M	46M	17M	45M	76M	50M	29M	15M	-37M	-33M
Revenue	4,545M	4,068M	3,462M	3,011M	2,702M	2,477M	2,328M	4,039M	4,267M	4,179M	4,427M	5,029M	3,766M	2,940M	2,988M	3,094M	2,826M	2,700M	2,667M	2,613M	2,300M	2,066M	1,908M	1,658M	1,473M	1,833M	1,837M	1,882M	1,860M	1,716M	1,441M	1,330M	1,551M	1,840M	1,722M	1,607M	1,593M	1,604M	1,406M
Return on Revenue	4.84%	4.52%	3.06%	2.07%	1.86%	2.12%	1.80%	2.41%	4.54%	4.16%	4.41%	5.93%	5.67%	2.42%	1.34%	2.17%	2.11%	0.69%	1.68%	1.77%	0.69%	-0.37%	0.33%	-1.96%	-8.68%	1.59%	3.09%	4.47%	5.62%	4.40%	3.20%	1.27%	2.89%	4.14%	2.93%	1.78%	0.97%	-2.28%	-2.33%
Cost of Revenue	4,111M	3,681M	3,165M	2,738M	2,315M	2,010M	1,896M	2,769M	3,884M	3,829M	4,049M	4,455M	3,360M	2,712M	2,772M	2,821M	2,638M	2,537M	2,473M	2,425M	2,175M	1,982M	1,440M	1,401M	1,288M	1,507M	1,481M	202M	756M	690M	486M	557M	1,450M	765M	739M	1,487M	1,476M	1,558M	1,371M
Return on Cost of Revenue	5.35%	5.01%	3.37%	2.27%	4.26%	4.87%	4.23%	3.51%	4.99%	4.54%	4.83%	6.69%	6.36%	2.62%	1.44%	2.38%	2.26%	0.74%	1.81%	1.90%	0.73%	-0.39%	0.44%	-2.31%	-9.93%	1.93%	3.84%	41.54%	13.85%	10.94%	9.50%	3.02%	3.09%	9.96%	6.82%	1.93%	1.04%	-2.35%	-2.39%
Gross Profit	434M	387M	297M	273M	386M	469M	435M	1,271M	383M	350M	378M	574M	406M	228M	216M	273M	188M	163M	194M	187M	124M	84M	467M	257M	185M	326M	356M	1,658M	1,105M	1,025M	1,042M	773M	100M	1,075M	983M	121M	118M	47M	35M
Return on Gross Profit	51.11%	47.41%	34.65%	24.23%	16.68%	15.97%	8.96%	7.65%	50.58%	49.70%	51.64%	52.00%	52.55%	31.17%	18.47%	24.67%	31.69%	11.46%	23.11%	24.65%	12.70%	-9.16%	1.36%	-12.61%	-69.30%	8.96%	15.97%	5.07%	9.47%	7.37%	4.43%	2.18%	44.64%	7.09%	5.13%	23.74%	13.10%	-78.37%	-93.98%
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	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%	0.00%	0.00%	0.00%
SG&A Expenses	49M	192M	139M	121M	127M	129M	127M	0M	0M	0M	74M	75M	452M	360M	358M	37M	34M	0M	0M	0M	0M	0M	387M	33M	35M	36M	38M	452M	171M	175M	16M	138M	135M	225M	233M	51M	101M	103M	81M
Return on SG&A Expenses	221.62%	146.37%	110.34%	67.20%	47.55%	54.36%	45.88%	0.00%	0.00%	0.00%	265.04%	399.80%	47.21%	19.77%	11.17%	183.29%	177.09%	0.00%	0.00%	0.00%	0.00%	0.00%	1.64%	-96.97%	-368.04%	79.97%	151.28%	18.61%	61.10%	43.07%	285.62%	12.20%	33.20%	33.84%	21.65%	56.34%	15.19%	-35.47%	-40.34%
Operating Expenses	163M	150M	144M	169M	297M	375M	349M	1,134M	112M	106M	206M	179M	129M	130M	153M	164M	127M	129M	119M	118M	105M	99M	457M	312M	353M	277M	271M	1,554M	950M	901M	869M	702M	24M	935M	873M	51M	55M	69M	58M
Return on Operating Expenses	142.11%	129.23%	81.28%	56.67%	43.09%	42.77%	35.01%	8.58%	172.26%	164.79%	94.96%	166.60%	165.07%	54.76%	26.19%	41.12%	46.99%	14.49%	37.82%	39.09%	15.00%	-7.81%	1.38%	-10.40%	-36.20%	10.53%	20.97%	5.41%	11.01%	8.38%	5.31%	2.39%	183.25%	8.15%	5.77%	56.42%	28.16%	-53.02%	-56.20%
Operating Income (EBIT)	271M	237M	153M	104M	90M	92M	83M	137M	271M	244M	173M	395M	277M	98M	64M	109M	61M	34M	75M	69M	19M	-15M	10M	-55M	-169M	49M	85M	125M	154M	124M	86M	71M	76M	140M	110M	70M	63M	-22M	-23M
Return on Operating Income (EBIT)	86.66%	81.88%	74.53%	71.49%	70.52%	66.47%	69.23%	71.13%	71.61%	71.17%	113.22%	75.59%	77.09%	72.35%	62.70%	61.65%	97.36%	54.75%	59.41%	66.69%	82.91%	53.08%	64.89%	59.44%	75.81%	60.11%	66.98%	67.45%	67.86%	60.76%	53.43%	23.82%	59.02%	54.34%	45.94%	40.98%	24.48%	163.92%	139.82%
Interest Income	10M	7M	5M	4M	3M	3M	2M	5M	14M	12M	15M	4M	1M	4M	6M	4M	1M	2M	1M	1M	1M	1M	1M	1M	3M	6M	6M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Interest Income	3,507.99%	5,981.26%	4,158.16%	3,083.31%	2,163.02%	1,730.42%	1,442.01%	1,772.35%	1,402.72%	1,497.34%	1,326.95%	7,699.69%	17,416.07%	1,966.26%	619.63%	1,718.50%	4,619.18%	1,224.69%	3,493.30%	5,426.20%	2,321.73%	-956.93%	592.42%	-2,715.33%	-4,482.61%	491.29%	1,002.03%	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	9M	9M	8M	7M	5M	4M	4M	11M	9M	9M	9M	8M	9M	12M	11M	9M	6M	5M	4M	3M	4M	5M	4M	3M	2M	1M	1M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Interest Expense	2,648.68%	2,189.85%	1,433.17%	1,002.27%	846.49%	677.19%	564.33%	850.23%	2,173.41%	1,937.20%	2,149.03%	3,859.81%	2,395.34%	607.85%	348.70%	710.41%	941.75%	362.17%	1,019.41%	1,447.55%	377.98%	-146.63%	160.21%	-1,136.78%	-5,353.24%	2,469.77%	4,779.23%	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 Interest Income	1M	-2M	-3M	-3M	-2M	-2M	-1M	-6M	5M	3M	6M	-4M	-8M	-8M	-5M	-6M	-5M	-4M	-3M	-2M	-4M	-4M	-3M	-2M	0M	5M	4M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Net Interest Income	774.53%	-266.72%	-647.88%	-466.36%	-1,633.83%	-1,307.06%	-1,089.22%	-1,634.16%	3,955.81%	6,594.43%	3,468.81%	-7,739.66%	-2,777.33%	-879.84%	-797.47%	-1,211.06%	-1,182.93%	-514.25%	-1,439.47%	-1,974.22%	-451.48%	173.17%	-219.59%	1,955.43%	-27,562.28%	613.29%	1,267.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Unusual Items	4M	8M	12M	9M	4M	5M	8M	12M	17M	23M	-20M	10M	12M	14M	17M	30M	15M	9M	6M	1M	3M	7M	3M	1M	-4M	-6M	-10M	-7M	-17M	-2M	14M	3M	9M	11M	22M	16M	21M	31M	20M
Return on Unusual Items	910.89%	1,017.92%	690.72%	581.44%	468.52%	275.98%	236.86%	840.67%	1,169.15%	753.67%	-980.60%	2,959.60%	1,844.04%	512.88%	230.95%	222.24%	402.98%	198.32%	763.08%	4,780.23%	508.23%	-112.24%	201.05%	-3,562.75%	3,501.89%	-474.89%	-544.87%	-1,229.44%	-603.90%	-4,511.89%	341.03%	523.17%	486.33%	690.50%	228.35%	184.60%	74.73%	-119.33%	-162.05%
EBT Excluding Unusual Items	260M	224M	133M	90M	83M	84M	69M	120M	232M	196M	207M	378M	262M	79M	34M	54M	37M	19M	67M	70M	16M	-24M	6M	-55M	-162M	56M	101M	138M	189M	128M	59M	64M	58M	118M	66M	39M	22M	-84M	-64M
Return on EBT Excluding Unusual Items	87.42%	86.86%	100.40%	90.57%	83.09%	78.70%	76.14%	81.35%	83.32%	88.92%	94.48%	78.84%	81.65%	90.42%	117.06%	124.28%	162.50%	98.78%	67.09%	66.30%	96.70%	32.38%	99.84%	59.26%	79.01%	52.04%	56.14%	60.78%	55.41%	59.17%	77.81%	26.20%	77.93%	64.49%	76.86%	73.70%	70.99%	43.74%	51.30%
Pre-Tax Income	265M	232M	145M	98M	88M	89M	77M	131M	249M	219M	187M	388M	273M	92M	51M	84M	52M	28M	73M	71M	19M	-17M	9M	-54M	-166M	50M	91M	132M	172M	126M	73M	67M	67M	129M	88M	54M	42M	-53M	-44M
Return on Pre-Tax Income	86.96%	83.19%	81.68%	75.72%	72.96%	69.34%	67.47%	74.17%	77.78%	79.54%	104.56%	76.80%	78.19%	76.87%	77.68%	79.71%	115.80%	65.94%	61.67%	65.40%	81.24%	45.50%	66.71%	60.27%	77.27%	58.44%	62.59%	63.94%	61.00%	59.96%	63.35%	24.95%	67.17%	58.98%	57.51%	52.67%	36.41%	69.06%	75.06%
Income Tax Expense	61M	54M	33M	22M	23M	26M	23M	34M	56M	45M	45M	94M	63M	21M	11M	17M	-8M	10M	28M	24M	4M	-9M	3M	-21M	-38M	21M	34M	51M	67M	50M	28M	28M	25M	53M	36M	23M	20M	-19M	-13M
Return on Income Tax Expense	379.57%	362.39%	217.45%	215.48%	209.90%	195.74%	189.37%	287.20%	346.27%	383.57%	436.71%	318.41%	340.94%	332.31%	348.12%	392.79%	-732.83%	193.59%	160.88%	188.98%	433.18%	83.50%	200.41%	151.67%	336.59%	140.62%	167.30%	164.83%	156.43%	149.73%	164.71%	60.34%	177.03%	143.78%	138.24%	123.64%	76.62%	194.68%	254.26%
Depreciation and Amortization	145M	135M	120M	107M	98M	89M	83M	155M	147M	149M	146M	140M	124M	118M	112M	109M	103M	103M	93M	86M	88M	88M	74M	72M	77M	77M	78M	68M	62M	55M	52M	49M	55M	56M	50M	48M	53M	65M	53M
Return on Depreciation and Amortization	154.58%	139.14%	91.74%	62.89%	58.99%	66.26%	57.61%	62.72%	131.68%	116.68%	134.11%	212.95%	171.89%	60.06%	35.55%	61.92%	57.95%	18.10%	48.21%	53.56%	17.89%	-8.81%	8.59%	-45.30%	-167.17%	37.80%	73.25%	124.17%	168.49%	137.20%	88.24%	34.17%	82.16%	134.90%	101.28%	60.23%	29.00%	-56.57%	-62.12%
EBITDA	418M	377M	273M	212M	145M	27M	-188M	298M	405M	377M	342M	536M	406M	223M	175M	202M	161M	136M	170M	160M	112M	76M	87M	21M	-87M	128M	170M	192M	-690M	-665M	139M	392M	-1,379M	-716M	-725M	-1,378M	-1,358M	-1,511M	-1,336M
Return on EBITDA	53.00%	48.70%	37.66%	17.30%	24.59%	20.17%	16.63%	32.68%	47.82%	46.17%	57.19%	55.63%	52.56%	31.94%	22.80%	33.22%	37.10%	13.67%	26.36%	28.86%	14.11%	-10.17%	7.26%	-157.23%	147.64%	22.74%	33.51%	43.71%	-15.17%	-11.36%	33.28%	4.29%	-3.25%	-10.64%	-6.95%	-2.08%	-1.13%	2.42%	2.46%
NOPAT	208M	183M	119M	81M	67M	66M	58M	101M	210M	194M	131M	299M	213M	76M	50M	87M	71M	22M	47M	45M	15M	-7M	7M	-33M	-130M	28M	53M	76M	94M	75M	53M	41M	47M	83M	64M	40M	33M	-14M	-17M
Return on NOPAT	112.75%	106.48%	95.39%	98.03%	100.01%	96.65%	102.18%	95.89%	92.35%	89.79%	148.86%	99.61%	100.03%	94.12%	80.71%	77.35%	84.07%	83.04%	96.34%	101.98%	102.05%	116.64%	97.27%	98.63%	98.39%	102.86%	107.01%	110.19%	111.24%	101.35%	86.82%	40.61%	95.10%	92.13%	78.66%	71.39%	46.64%	254.03%	198.38%
Owner's Earnings	155M	171M	121M	97M	73M	64M	49M	97M	66M	83M	109M	273M	259M	132M	50M	122M	87M	43M	51M	88M	70M	36M	22M	24M	-105M	47M	33M	0M	44M	35M	30M	10M	25M	35M	48M	15M	57M	-129M	-135M
Return on Owner's Earnings	165.94%	126.81%	96.92%	60.93%	1,819.99%	1,493.13%	1,256.66%	100.03%	294.62%	209.47%	179.03%	109.34%	82.36%	53.86%	79.94%	55.22%	68.51%	43.42%	88.02%	52.18%	22.53%	-21.76%	29.07%	-137.18%	122.26%	61.65%	172.86%	34,893.78%	235.25%	214.95%	154.40%	162.18%	181.49%	215.35%	105.95%	185.98%	27.09%	28.36%	24.24%

Balance Sheet Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Net Income	223M	190M	118M	81M	68M	65M	55M	174M	195M	298M	214M	71M	40M	67M	60M	19M	45M	46M	16M	-8M	6M	-32M	-128M	29M	57M	84M	105M	76M	46M	17M	45M	76M	50M	29M	15M	-37M	-33M
Cash & Cash Equivalents	183M	186M	172M	155M	128M	109M	92M	127M	262M	158M	77M	304M	202M	190M	121M	114M	165M	157M	105M	91M	141M	103M	39M	101M	94M	5M	6M	71M	5M	40M	15M	37M	4M	5M	7M	2M	17M
Return on Cash & Cash Equivalents	133.15%	140.30%	84.97%	57.23%	205.79%	226.07%	198.15%	136.50%	74.53%	188.43%	278.68%	23.39%	19.80%	35.37%	49.45%	16.32%	27.19%	29.40%	15.01%	-8.52%	4.48%	-31.61%	-325.15%	28.91%	60.58%	1,678.86%	1,814.22%	106.57%	878.12%	42.43%	301.58%	207.27%	1,166.84%	631.19%	213.89%	-1,525.00%	-194.08%
Short-Term Investments	88M	76M	78M	64M	75M	60M	50M	30M	68M	168M	48M	65M	117M	107M	56M	57M	62M	46M	36M	29M	34M	39M	94M	118M	79M	135M	121M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Short-Term Investments	350.17%	320.18%	190.97%	130.92%	103.62%	82.90%	69.08%	584.57%	288.07%	177.86%	441.72%	108.70%	34.30%	62.98%	105.90%	32.82%	72.82%	100.58%	44.03%	-26.61%	18.65%	-82.52%	-136.25%	24.75%	71.59%	62.15%	86.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Cash & Short-Term Investments	271M	262M	250M	219M	204M	170M	142M	157M	330M	326M	125M	369M	318M	297M	177M	171M	227M	203M	141M	120M	175M	142M	133M	219M	173M	140M	127M	71M	5M	40M	15M	37M	4M	5M	7M	2M	17M
Return on Cash & Short-Term Investments	87.12%	90.30%	55.11%	37.29%	32.59%	87.51%	82.69%	110.66%	59.21%	91.50%	170.87%	19.25%	12.55%	22.65%	33.71%	10.90%	19.80%	22.75%	11.19%	-6.46%	3.61%	-22.85%	-96.02%	13.33%	32.81%	59.93%	82.38%	106.57%	878.12%	42.43%	301.58%	207.27%	1,166.84%	631.19%	213.89%	-1,525.00%	-194.08%
Net Receivables	505M	493M	396M	328M	282M	254M	242M	460M	507M	548M	605M	347M	311M	318M	311M	293M	261M	245M	212M	193M	164M	154M	122M	118M	151M	152M	166M	151M	132M	131M	116M	173M	188M	167M	176M	179M	205M
Return on Net Receivables	43.63%	37.34%	26.35%	17.90%	17.24%	21.00%	18.05%	37.86%	38.58%	54.44%	35.29%	20.51%	12.87%	21.16%	19.21%	6.37%	17.19%	18.88%	7.46%	-4.01%	3.86%	-21.11%	-104.65%	24.71%	37.75%	55.28%	63.21%	50.08%	34.85%	12.86%	38.49%	43.90%	26.83%	17.22%	8.76%	-20.47%	-15.98%
Inventory	0M	0M	0M	0M	0M	0M	6M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	3M	33M	33M	31M	34M	37M
Return on Inventory	0.00%	0.00%	0.00%	0.00%	0.00%	104.04%	89.76%	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%	2,600.92%	152.48%	86.50%	50.16%	-108.28%	-88.89%
Other Current Assets	33M	22M	18M	34M	39M	37M	34M	11M	11M	77M	6M	4M	5M	9M	12M	5M	44M	47M	46M	56M	94M	90M	94M	43M	44M	44M	46M	36M	30M	30M	29M	13M	10M	10M	9M	23M	50M
Return on Other Current Assets	1,240.78%	1,790.09%	1,148.91%	771.95%	603.04%	528.76%	464.67%	1,575.02%	1,758.12%	389.18%	3,620.23%	1,607.87%	842.68%	746.77%	492.30%	354.47%	102.49%	99.15%	34.12%	-13.79%	6.71%	-36.02%	-135.73%	67.74%	129.83%	192.24%	227.32%	208.68%	151.65%	55.75%	155.25%	587.03%	481.57%	290.03%	174.13%	-158.39%	-66.17%
Total Current Assets	850M	817M	696M	609M	550M	483M	445M	676M	885M	990M	776M	758M	664M	649M	522M	491M	552M	515M	418M	386M	445M	400M	385M	408M	382M	351M	353M	274M	177M	208M	167M	234M	243M	227M	237M	252M	322M
Return on Total Current Assets	25.99%	22.97%	15.46%	10.58%	10.05%	12.89%	11.24%	25.75%	22.09%	30.13%	27.51%	9.38%	6.02%	10.36%	11.43%	3.80%	8.12%	8.97%	3.78%	-2.00%	1.42%	-8.11%	-33.24%	7.15%	14.86%	23.96%	29.68%	27.60%	26.11%	8.07%	26.84%	32.48%	20.73%	12.64%	6.50%	-14.54%	-10.17%
Property, Plant & Equipment	1,103M	981M	790M	665M	608M	556M	520M	1,259M	1,085M	967M	803M	794M	752M	631M	591M	533M	483M	410M	394M	444M	415M	407M	429M	450M	466M	462M	394M	370M	347M	339M	334M	346M	337M	320M	285M	357M	407M
Return on Property, Plant & Equipment	20.89%	19.65%	13.71%	9.61%	8.89%	10.08%	8.76%	13.82%	18.02%	30.85%	26.60%	8.96%	5.32%	10.66%	10.10%	3.50%	9.29%	11.27%	4.01%	-1.74%	1.52%	-7.96%	-29.82%	6.49%	12.19%	18.21%	26.57%	20.41%	13.28%	4.96%	13.41%	22.01%	14.95%	8.96%	5.40%	-10.26%	-8.05%
Goodwill	305M	261M	181M	136M	115M	108M	102M	305M	305M	305M	300M	88M	88M	108M	108M	109M	96M	77M	76M	73M	4M	0M	4M	64M	64M	64M	64M	64M	64M	64M	101M	105M	109M	125M	131M	0M	0M
Return on Goodwill	73.02%	74.13%	59.68%	55.99%	-111.23%	-75.66%	-60.36%	57.08%	64.13%	97.85%	71.09%	80.50%	45.27%	62.10%	55.14%	17.13%	46.50%	59.91%	20.68%	-10.56%	173.03%	0.00%	-3,494.23%	45.65%	88.80%	131.57%	163.69%	118.20%	72.18%	26.36%	44.23%	72.24%	46.07%	22.94%	11.78%	0.00%	0.00%
Intangible Assets	101M	97M	84M	72M	54M	43M	46M	89M	101M	114M	127M	55M	59M	69M	73M	81M	77M	73M	75M	80M	3M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	150M	146M
Return on Intangible Assets	217.24%	189.95%	127.81%	105.15%	78.86%	63.09%	51.01%	196.31%	193.21%	262.20%	168.68%	129.32%	67.96%	97.55%	81.29%	23.17%	58.41%	63.42%	20.97%	-9.72%	224.42%	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%	-24.37%	-22.54%
Long-Term Investments	0M	0M	0M	0M	0M	8M	8M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	8M	63M	62M	60M	3M	2M	3M	9M	40M
Return on Long-Term Investments	0.00%	0.00%	0.00%	0.00%	0.00%	31.56%	124.00%	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%	563.49%	26.89%	72.58%	126.00%	1,576.35%	1,375.96%	460.80%	-400.09%	-82.13%
Tax Assets	8M	7M	6M	4M	3M	2M	2M	10M	8M	6M	5M	6M	8M	7M	6M	3M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Tax Assets	2,975.76%	2,797.07%	1,703.12%	1,135.42%	851.56%	681.25%	567.71%	1,824.26%	2,400.90%	4,702.13%	3,903.49%	1,154.60%	517.61%	900.67%	1,001.27%	626.33%	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%
Other Non-Current Assets	102M	97M	82M	72M	71M	73M	69M	92M	101M	113M	102M	77M	80M	74M	64M	66M	55M	53M	53M	52M	49M	54M	52M	51M	71M	62M	106M	99M	108M	82M	59M	51M	39M	34M	42M	61M	71M
Return on Other Non-Current Assets	214.96%	189.34%	129.08%	89.74%	73.68%	73.56%	66.09%	188.30%	192.65%	263.93%	210.10%	91.75%	50.07%	90.80%	92.78%	28.22%	82.26%	87.30%	30.05%	-14.97%	12.86%	-60.02%	-244.57%	57.60%	80.26%	135.73%	98.53%	76.17%	42.73%	20.45%	76.02%	149.94%	128.71%	85.35%	36.70%	-60.44%	-46.48%
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	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%	0.00%	0.00%	0.00%
Total Non-Current Assets	1,620M	1,443M	1,144M	949M	852M	790M	748M	1,754M	1,600M	1,505M	1,337M	1,021M	987M	890M	843M	791M	711M	613M	599M	648M	471M	461M	485M	564M	601M	588M	564M	533M	527M	548M	556M	563M	489M	481M	461M	577M	663M
Return on Total Non-Current Assets	13.98%	12.98%	9.23%	6.37%	5.83%	6.57%	5.75%	9.92%	12.21%	19.82%	15.97%	6.96%	4.05%	7.56%	7.08%	2.36%	6.31%	7.54%	2.64%	-1.19%	1.34%	-7.03%	-26.38%	5.17%	9.46%	14.31%	18.56%	14.17%	8.75%	3.07%	8.06%	13.53%	10.31%	5.97%	3.34%	-6.35%	-4.94%
Total Assets	2,470M	2,260M	1,840M	1,557M	1,402M	1,273M	1,193M	2,430M	2,485M	2,494M	2,113M	1,779M	1,651M	1,539M	1,366M	1,282M	1,263M	1,128M	1,017M	1,034M	916M	861M	870M	972M	983M	939M	916M	807M	704M	756M	723M	797M	732M	707M	698M	828M	986M
Return on Total Assets	8.99%	8.22%	5.73%	3.94%	3.68%	4.30%	3.76%	7.16%	7.86%	11.96%	10.11%	4.00%	2.42%	4.37%	4.37%	1.45%	3.55%	4.10%	1.55%	-0.75%	0.69%	-3.77%	-14.71%	3.00%	5.78%	8.96%	11.42%	9.36%	6.55%	2.22%	6.20%	9.55%	6.89%	4.05%	2.21%	-4.42%	-3.33%
Accounts Payable	219M	228M	181M	149M	127M	113M	106M	173M	214M	270M	311M	171M	134M	144M	129M	133M	131M	120M	89M	84M	67M	62M	59M	52M	60M	63M	63M	63M	56M	58M	50M	60M	77M	70M	77M	77M	75M
Return on Accounts Payable	100.84%	82.54%	58.38%	39.20%	41.11%	50.80%	43.52%	100.69%	91.32%	110.51%	68.57%	41.60%	29.76%	46.78%	46.26%	13.99%	34.27%	38.38%	17.75%	-9.17%	9.52%	-52.18%	-215.35%	56.48%	94.17%	132.48%	166.45%	120.30%	82.69%	28.78%	88.98%	126.93%	65.79%	40.97%	19.90%	-47.35%	-43.73%
Short-Term Debt	66M	63M	60M	53M	41M	35M	33M	64M	67M	66M	51M	67M	57M	54M	62M	64M	45M	25M	45M	57M	45M	27M	26M	0M	0M	0M	0M	0M	0M	0M	15M	24M	20M	18M	17M	37M	27M
Return on Short-Term Debt	337.98%	308.35%	196.13%	137.31%	5,995.62%	6,327.56%	5,282.36%	271.91%	291.92%	450.11%	421.85%	105.95%	69.78%	124.39%	96.44%	29.08%	99.88%	182.84%	35.04%	-13.64%	14.04%	-119.97%	-500.66%	18,344.65%	33,230.99%	33,772.69%	33,005.05%	19,466.24%	13,062.32%	5,128.05%	302.11%	318.00%	246.41%	163.82%	93.33%	-98.39%	-123.31%
Tax Payables	12M	10M	6M	4M	4M	4M	4M	10M	10M	17M	12M	0M	0M	2M	0M	8M	0M	1M	2M	0M	0M	0M	1M	1M	2M	6M	12M	3M	3M	5M	0M	4M	8M	8M	1M	0M	0M
Return on Tax Payables	1,807.83%	5,938.00%	43,483.23%	27,905.51%	20,579.37%	16,717.89%	14,005.28%	1,752.93%	1,877.36%	1,793.20%	1,766.53%	22,500.00%	333,208.33%	3,984.72%	18,433.95%	225.16%	49,290.11%	8,762.24%	887.26%	-13,105.08%	3,747.34%	-16,541.33%	-15,482.93%	3,848.02%	2,353.98%	1,441.69%	843.89%	2,568.14%	1,637.43%	309.08%	0.00%	1,845.29%	597.53%	353.27%	1,260.23%	0.00%	0.00%
Deferred Revenue	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	0M
Return on Deferred Revenue	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%	0.00%
Other Current Liabilities	292M	255M	201M	164M	123M	99M	83M	293M	278M	305M	227M	172M	160M	183M	136M	132M	124M	131M	115M	103M	97M	0M	0M	0M	0M	0M	0M	0M	2M	8M	7M	0M	0M	0M	16M	-2M	13M
Return on Other Current Liabilities	75.87%	72.60%	51.89%	37.78%	28.34%	164.92%	207.92%	59.36%	70.35%	97.89%	93.94%	41.44%	25.01%	36.73%	43.77%	14.10%	36.27%	35.12%	13.76%	-7.52%	6.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2,653.05%	215.42%	687.87%	0.00%	0.00%	0.00%	95.19%	2,271.88%	-252.46%
Total Current Liabilities	712M	669M	540M	457M	404M	367M	352M	666M	702M	768M	703M	507M	444M	451M	403M	396M	365M	341M	310M	300M	264M	234M	237M	215M	245M	258M	264M	231M	193M	195M	193M	281M	282M	261M	268M	295M	303M
Return on Total Current Liabilities	30.93%	27.44%	19.30%	13.17%	12.62%	14.72%	12.64%	26.12%	27.86%	38.81%	30.39%	14.04%	9.00%	14.90%	14.84%	4.71%	12.30%	13.55%	5.11%	-2.58%	2.40%	-13.86%	-54.06%	13.55%	23.21%	32.54%	39.58%	32.75%	23.90%	8.61%	23.20%	27.07%	17.86%	10.99%	5.75%	-12.41%	-10.81%
Long-Term Debt	162M	176M	194M	155M	117M	109M	134M	125M	162M	198M	175M	217M	266M	238M	207M	180M	168M	102M	81M	113M	47M	43M	13M	1M	1M	1M	1M	1M	2M	112M	115M	153M	174M	196M	203M	318M	399M
Return on Long-Term Debt	136.66%	112.96%	67.41%	44.62%	1,008.88%	1,123.53%	937.33%	139.00%	120.65%	150.33%	122.07%	32.75%	15.02%	28.31%	28.85%	10.39%	26.76%	45.06%	19.44%	-6.85%	13.55%	-76.00%	-956.32%	2,001.92%	4,058.93%	7,102.53%	7,301.19%	5,281.75%	2,525.19%	15.00%	38.97%	49.78%	29.01%	14.62%	7.60%	-11.51%	-8.22%
Capital Lease Obligations	202M	168M	91M	61M	46M	36M	30M	224M	209M	174M	112M	119M	73M	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 Capital Lease Obligations	114.16%	118.69%	25,934.86%	17,289.90%	12,967.43%	10,373.94%	8,644.95%	77.54%	93.60%	171.33%	191.37%	59.59%	55.12%	258,700.00%	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%
Deferred Tax Liabilities	65M	66M	64M	57M	50M	46M	43M	79M	56M	60M	65M	72M	66M	56M	49M	55M	78M	64M	64M	45M	20M	19M	31M	24M	31M	19M	37M	38M	29M	24M	32M	40M	25M	22M	24M	23M	49M
Return on Deferred Tax Liabilities	354.83%	298.34%	188.43%	121.90%	121.77%	127.93%	111.99%	221.19%	350.33%	492.96%	329.04%	98.19%	60.39%	119.17%	121.50%	34.11%	57.46%	71.71%	24.69%	-17.07%	31.90%	-167.08%	-412.24%	121.45%	184.46%	432.32%	280.87%	199.44%	158.42%	71.10%	141.21%	192.70%	200.06%	128.48%	63.11%	-162.67%	-67.49%
Other Non-Current Liabilities	123M	116M	89M	87M	86M	80M	71M	56M	147M	168M	152M	57M	59M	76M	55M	53M	64M	59M	42M	118M	120M	85M	88M	107M	74M	80M	59M	68M	79M	70M	45M	31M	30M	21M	22M	22M	19M
Return on Other Non-Current Liabilities	207.94%	177.98%	125.90%	89.04%	78.76%	84.47%	71.46%	312.87%	133.15%	177.80%	140.23%	125.83%	67.56%	88.28%	107.73%	35.43%	70.16%	78.15%	37.75%	-6.58%	5.26%	-38.03%	-145.83%	27.31%	76.84%	104.76%	176.54%	110.35%	58.32%	24.10%	98.54%	245.25%	168.86%	139.35%	70.32%	-170.23%	-176.34%
Total Non-Current Liabilities	522M	498M	421M	349M	290M	266M	273M	449M	541M	574M	481M	444M	444M	370M	312M	287M	310M	226M	187M	276M	187M	147M	132M	132M	106M	101M	98M	108M	110M	206M	192M	224M	229M	239M	249M	362M	466M
Return on Total Non-Current Liabilities	42.25%	37.43%	25.45%	17.46%	21.54%	24.34%	21.05%	38.71%	36.11%	51.92%	44.40%	16.02%	9.01%	18.17%	19.17%	6.50%	14.49%	20.44%	8.44%	-2.80%	3.39%	-22.01%	-96.82%	22.05%	53.53%	83.34%	106.82%	70.10%	41.92%	8.18%	23.31%	34.06%	22.03%	12.00%	6.19%	-10.11%	-7.03%
Total Liabilities	1,234M	1,167M	962M	806M	694M	632M	625M	1,115M	1,243M	1,343M	1,184M	950M	888M	822M	714M	683M	674M	567M	497M	575M	451M	381M	369M	348M	351M	359M	362M	338M	303M	401M	385M	505M	511M	500M	517M	657M	770M
Return on Total Liabilities	17.84%	15.81%	10.95%	7.49%	7.73%	8.92%	7.72%	15.60%	15.73%	22.21%	18.04%	7.48%	4.50%	8.19%	8.36%	2.73%	6.65%	8.15%	3.18%	-1.34%	1.41%	-8.50%	-34.69%	8.39%	16.19%	23.40%	28.88%	22.32%	15.22%	4.20%	11.63%	15.08%	9.86%	5.74%	2.98%	-5.57%	-4.26%
Preferred Stock	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	0M
Return on Preferred Stock	0.00%	0.00%	0.00%	0.00%	0.00%	21,758.57%	23,703.48%	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%	543,964.29%	335,973.33%	191,166.67%	102,666.67%	-244,000.00%	-218,666.67%
Common Stock	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	0M
Return on Common Stock	74,146.16%	63,916.38%	40,054.92%	27,361.42%	23,326.30%	23,069.86%	19,665.28%	57,224.01%	65,144.33%	100,070.13%	72,626.19%	24,517.24%	13,883.68%	23,436.24%	20,956.49%	6,614.18%	16,076.70%	16,670.40%	5,749.45%	-2,832.23%	2,336.90%	-12,052.42%	-47,898.50%	10,924.34%	21,443.40%	31,853.79%	39,781.75%	29,274.81%	18,225.30%	6,728.00%	18,291.84%	37,700.50%	25,581.73%	14,630.10%	7,700.00%	-18,300.00%	-16,400.00%
Retained Earnings	1,266M	1,039M	743M	596M	548M	472M	390M	1,435M	1,273M	1,089M	801M	596M	533M	501M	438M	387M	377M	339M	297M	284M	295M	292M	328M	471M	458M	416M	347M	256M	193M	154M	138M	99M	27M	-19M	-44M	-55M	-15M
Return on Retained Earnings	18.29%	18.69%	14.47%	10.13%	9.10%	14.24%	21.68%	12.12%	15.36%	27.39%	26.65%	11.93%	7.50%	13.42%	13.62%	4.82%	11.90%	13.63%	5.33%	-2.72%	2.15%	-11.10%	-39.00%	6.19%	12.42%	20.22%	30.15%	29.49%	23.94%	10.89%	32.56%	77.14%	188.86%	-147.71%	-34.92%	66.42%	221.62%
Accumulated OCI	4M	3M	-7M	-17M	-21M	-18M	-15M	0M	4M	7M	4M	1M	0M	-14M	-21M	-23M	-27M	-23M	-15M	-57M	-58M	-36M	-44M	-58M	-27M	-34M	-5M	-4M	-4M	-10M	-4M	0M	0M	0M	0M	0M	0M
Return on Accumulated OCI	24,224.78%	16,884.30%	10,311.31%	6,860.20%	5,032.12%	3,854.03%	3,211.69%	63,956.25%	4,519.73%	4,198.35%	5,772.40%	5,974.79%	19,697.04%	-472.41%	-290.30%	-79.65%	-163.13%	-196.67%	-106.03%	13.48%	-10.84%	89.93%	289.26%	-50.72%	-214.25%	-244.54%	-2,040.29%	-1,748.76%	-1,124.63%	-170.64%	-1,247.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Minority Interest	0M	0M	0M	0M	0M	0M	5M	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	34M	33M	34M	38M
Return on Minority Interest	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-2.02%	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%	85.57%	47.24%	-107.65%	-85.64%
Total Shareholders’ Equity	1,236M	1,093M	879M	751M	708M	641M	563M	1,314M	1,242M	1,151M	929M	829M	763M	718M	651M	599M	589M	561M	520M	459M	466M	480M	501M	625M	632M	579M	554M	468M	401M	355M	338M	292M	221M	174M	149M	137M	178M
Return on Total Shareholders’ Equity	18.29%	17.29%	12.09%	8.34%	7.33%	8.73%	7.43%	13.24%	15.73%	25.90%	22.98%	8.58%	5.24%	9.37%	9.17%	3.11%	7.62%	8.23%	3.04%	-1.68%	1.36%	-6.76%	-25.53%	4.67%	8.99%	14.51%	18.88%	16.13%	11.51%	4.73%	13.27%	26.06%	22.80%	16.49%	10.33%	-26.64%	-18.44%
Total Equity	1,236M	1,093M	879M	751M	708M	641M	567M	1,314M	1,242M	1,151M	929M	829M	763M	718M	651M	599M	589M	561M	520M	459M	466M	480M	501M	625M	632M	579M	554M	468M	401M	355M	338M	292M	221M	207M	182M	171M	216M
Return on Total Equity	18.29%	17.29%	12.09%	8.34%	7.33%	8.73%	7.56%	13.24%	15.73%	25.90%	22.98%	8.58%	5.24%	9.37%	9.17%	3.11%	7.62%	8.23%	3.04%	-1.68%	1.36%	-6.76%	-25.53%	4.67%	8.99%	14.51%	18.88%	16.13%	11.51%	4.73%	13.27%	26.06%	22.80%	13.82%	8.48%	-21.35%	-15.17%
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	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%	0.00%	0.00%	0.00%
Total Investments	88M	76M	78M	64M	75M	68M	59M	30M	68M	168M	48M	65M	117M	107M	56M	57M	62M	46M	36M	29M	34M	39M	94M	118M	79M	135M	121M	0M	8M	63M	62M	60M	3M	2M	3M	9M	40M
Return on Total Investments	350.17%	320.18%	190.97%	130.92%	103.62%	114.45%	193.07%	584.57%	288.07%	177.86%	441.72%	108.70%	34.30%	62.98%	105.90%	32.82%	72.82%	100.58%	44.03%	-26.61%	18.65%	-82.52%	-136.25%	24.75%	71.59%	62.15%	86.30%	0.00%	563.49%	26.89%	72.58%	126.00%	1,576.35%	1,375.96%	460.80%	-400.09%	-82.13%
Net Debt	247M	220M	172M	114M	76M	71M	105M	286M	176M	280M	260M	100M	194M	101M	148M	129M	48M	-29M	21M	79M	-49M	-33M	0M	-99M	-92M	-4M	-4M	-69M	-3M	73M	115M	140M	190M	209M	212M	353M	409M
Return on Net Debt	92.84%	86.38%	66.78%	44.08%	1,321.53%	997.47%	832.19%	60.82%	111.35%	106.35%	81.97%	71.39%	20.59%	66.28%	40.32%	14.41%	94.36%	-157.54%	74.93%	-9.80%	-12.81%	98.55%	30,816.63%	-29.38%	-61.61%	-2,351.62%	-2,604.58%	-109.38%	-1,500.98%	23.09%	38.98%	54.32%	26.55%	13.72%	7.27%	-10.38%	-8.02%

Capital Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Net Income	223M	190M	118M	81M	68M	65M	55M	174M	195M	298M	214M	71M	40M	67M	60M	19M	45M	46M	16M	-8M	6M	-32M	-128M	29M	57M	84M	105M	76M	46M	17M	45M	76M	50M	29M	15M	-37M	-33M
Working Capital	138M	148M	156M	152M	147M	116M	92M	10M	183M	221M	73M	252M	220M	198M	120M	95M	187M	174M	109M	86M	181M	166M	148M	193M	138M	93M	88M	43M	-16M	13M	-26M	-47M	-39M	-34M	-31M	-43M	19M
Return on Working Capital	680.94%	472.43%	250.77%	168.25%	135.17%	95.69%	68.10%	1,801.40%	106.67%	134.75%	291.06%	28.26%	18.16%	33.99%	49.87%	19.65%	23.92%	26.51%	14.52%	-8.96%	3.49%	-19.56%	-86.30%	15.12%	41.29%	90.87%	118.67%	175.34%	-281.76%	128.81%	-171.19%	-162.33%	-129.09%	-84.02%	-49.99%	84.72%	-170.95%
Total Capital	1,666M	1,499M	1,223M	1,020M	912M	821M	759M	1,728M	1,680M	1,590M	1,266M	1,232M	1,159M	1,009M	920M	843M	801M	689M	647M	629M	557M	549M	540M	626M	634M	581M	556M	470M	403M	468M	468M	469M	415M	387M	368M	493M	604M
Return on Total Capital	13.48%	12.62%	8.75%	6.04%	5.69%	6.83%	6.06%	10.07%	11.63%	18.75%	16.86%	5.77%	3.45%	6.66%	6.49%	2.21%	5.60%	6.71%	2.44%	-1.23%	1.14%	-5.90%	-23.69%	4.66%	8.96%	14.48%	18.82%	16.06%	11.44%	3.59%	9.58%	16.23%	12.14%	7.40%	4.18%	-7.43%	-5.43%
Capital Employed	1,758M	1,591M	1,300M	1,100M	998M	906M	840M	1,764M	1,784M	1,726M	1,410M	1,272M	1,207M	1,088M	963M	886M	898M	787M	708M	735M	653M	627M	633M	757M	739M	680M	652M	576M	511M	561M	530M	516M	450M	446M	431M	533M	683M
Return on Capital Employed	12.70%	11.77%	8.16%	5.63%	5.21%	6.10%	5.40%	9.86%	10.96%	17.28%	15.14%	5.59%	3.31%	6.18%	6.20%	2.11%	4.99%	5.87%	2.23%	-1.05%	0.97%	-5.17%	-20.20%	3.85%	7.69%	12.36%	16.05%	13.11%	9.03%	3.00%	8.46%	14.77%	11.20%	6.42%	3.58%	-6.86%	-4.81%
Invested Capital	1,483M	1,314M	1,051M	866M	784M	711M	667M	1,600M	1,418M	1,432M	1,190M	928M	957M	819M	800M	728M	636M	532M	542M	538M	416M	447M	500M	525M	540M	576M	550M	399M	398M	428M	453M	432M	411M	383M	361M	490M	587M
Return on Invested Capital	15.16%	14.22%	10.06%	7.00%	6.46%	7.64%	6.73%	10.87%	13.78%	20.83%	17.95%	7.66%	4.18%	8.21%	7.47%	2.56%	7.05%	8.69%	2.92%	-1.44%	1.52%	-7.26%	-25.55%	5.55%	10.52%	14.60%	19.02%	18.91%	11.60%	3.93%	9.90%	17.61%	12.27%	7.49%	4.27%	-7.47%	-5.59%

Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Net Income	223M	190M	118M	81M	68M	65M	55M	97M	194M	174M	195M	298M	214M	71M	40M	67M	60M	19M	45M	46M	16M	-8M	6M	-32M	-128M	29M	57M	84M	105M	76M	46M	17M	45M	76M	50M	29M	15M	-37M	-33M
Depreciation & Amortization	145M	135M	120M	107M	98M	89M	76M	155M	147M	149M	146M	140M	124M	118M	112M	109M	103M	103M	93M	86M	88M	88M	74M	72M	77M	77M	77M	68M	62M	55M	52M	49M	55M	56M	50M	48M	53M	-65M	-53M
Return on Depreciation & Amortization	154.58%	139.14%	91.74%	62.90%	59.02%	66.30%	65.56%	62.62%	131.68%	116.68%	134.11%	212.95%	171.89%	60.06%	35.55%	61.92%	57.95%	18.10%	48.21%	53.56%	17.89%	-8.81%	8.56%	-45.13%	-167.17%	37.94%	73.50%	124.17%	168.49%	137.20%	88.80%	34.17%	82.16%	134.90%	101.28%	60.23%	29.01%	56.57%	62.12%
Deferred Income Tax	4M	2M	3M	1M	1M	2M	2M	49M	16M	22M	-6M	-6M	-8M	8M	5M	2M	-10M	10M	16M	5M	-10M	-10M	3M	-11M	-5M	13M	6M	0M	-5M	7M	3M	8M	0M	10M	3M	2M	16M	-4M	-9M
Return on Deferred Income Tax	-2,502.40%	-1,879.84%	-518.32%	-252.44%	1,098.29%	-2,417.47%	-1,863.86%	198.44%	1,221.34%	775.33%	-3,511.19%	-4,771.34%	-2,813.56%	921.58%	738.96%	3,593.06%	-584.80%	195.88%	272.92%	984.16%	-152.51%	74.64%	207.23%	282.98%	2,587.80%	232.03%	922.48%	23,958.40%	-1,948.34%	1,032.80%	1,794.86%	199.95%	-86,182.69%	752.74%	1,611.13%	1,461.52%	94.42%	989.19%	364.44%
Stock-Based Compensation	12M	11M	10M	9M	7M	6M	5M	8M	12M	11M	11M	13M	11M	10M	10M	8M	7M	8M	8M	7M	5M	6M	6M	6M	6M	6M	5M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Stock-Based Compensation	1,858.32%	1,624.45%	1,100.45%	756.87%	545.54%	436.43%	363.69%	1,147.21%	1,629.51%	1,532.02%	1,708.63%	2,334.32%	1,868.73%	678.56%	419.88%	799.50%	858.38%	245.81%	558.65%	659.86%	287.79%	-127.42%	98.19%	-569.79%	-2,077.13%	477.69%	1,157.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Change in Working Capital	16M	8M	0M	0M	-1M	-3M	-6M	-59M	41M	-13M	30M	31M	-4M	-1M	-28M	56M	-16M	-36M	-18M	-7M	-10M	8M	10M	-7M	-8M	-18M	0M	8M	1M	6M	-19M	-8M	-27M	-11M	10M	-9M	-6M	1M	-82M
Return on Change in Working Capital	94.53%	-1,958.15%	-1,049.14%	-724.78%	-9,842.37%	-7,874.50%	-6,650.90%	-164.92%	468.50%	-1,334.57%	660.60%	957.55%	-5,224.39%	-4,849.93%	-142.72%	120.31%	-382.03%	-51.33%	-244.89%	-624.10%	-160.58%	-96.48%	64.11%	436.82%	1,572.86%	-158.32%	-195,948.28%	992.85%	7,565.15%	1,317.21%	-236.75%	-206.23%	-165.64%	-723.63%	495.10%	-309.67%	-276.04%	-2,614.29%	40.20%
Accounts Receivable	31M	-5M	-1M	-3M	-1M	-2M	-3M	9M	42M	45M	41M	7M	-123M	4M	1M	2M	4M	2M	1M	2M	2M	1M	2M	-32M	-4M	31M	1M	6M	-17M	-20M	-3M	-16M	35M	-13M	-24M	-3M	-8M	14M	-24M
Return on Accounts Receivable	1,714.84%	1,322.76%	1,985.57%	1,456.15%	1,838.93%	1,373.60%	1,093.59%	1,084.40%	460.63%	382.34%	474.48%	4,287.69%	-173.90%	1,643.17%	3,269.42%	2,879.37%	1,463.51%	1,135.24%	4,494.39%	2,377.81%	765.67%	-1,522.05%	264.54%	100.65%	3,424.07%	95.42%	10,661.35%	1,376.78%	-621.37%	-378.67%	-1,475.52%	-105.69%	127.19%	-605.94%	-207.39%	-988.79%	-202.63%	-271.11%	137.82%
Inventory	0M	-1M	-9M	-11M	-8M	-9M	-7M	0M	0M	0M	0M	0M	0M	-4M	-1M	-33M	-28M	-33M	5M	-30M	-29M	0M	-10M	0M	0M	0M	1M	4M	4M	-14M	-22M	-15M	-11M	-1M	6M	-2M	-9M	3M	4M
Return on Inventory	0.00%	-328.63%	-443.01%	-519.57%	146.88%	-209.44%	-272.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1,643.17%	-3,269.42%	-202.48%	-213.58%	-56.59%	955.15%	-154.78%	-54.61%	-3,092.80%	-61.24%	0.00%	0.00%	0.00%	5,786.66%	2,043.10%	2,901.44%	-535.89%	-210.56%	-115.24%	-401.42%	-6,910.62%	916.29%	-1,593.06%	-174.09%	-1,143.75%	-937.14%
Accounts Payable	5M	32M	17M	16M	9M	8M	5M	-7M	2M	-21M	-10M	47M	106M	41M	-27M	52M	10M	-11M	-15M	32M	9M	4M	18M	5M	-6M	-61M	0M	-18M	27M	33M	5M	21M	-51M	11M	32M	-11M	11M	-25M	-48M
Return on Accounts Payable	-698.69%	-343.99%	-162.67%	-140.25%	-750.91%	-525.15%	-429.48%	-1,319.17%	12,160.45%	-826.85%	-1,904.62%	635.41%	201.31%	174.82%	-147.88%	129.30%	574.68%	-165.71%	-297.20%	142.24%	184.47%	-214.18%	34.30%	-623.84%	2,277.63%	-48.09%	-15,072.94%	-458.85%	387.82%	231.90%	973.81%	78.70%	-87.42%	692.57%	157.49%	-273.10%	141.28%	149.39%	69.05%
Other Working Capital	-21M	-18M	-6M	-3M	-1M	-1M	-1M	-61M	-2M	-37M	-1M	-23M	13M	-42M	-1M	35M	-2M	6M	-9M	-12M	8M	4M	-1M	20M	1M	12M	-1M	21M	-12M	7M	1M	1M	0M	-8M	-3M	6M	0M	9M	-14M
Return on Other Working Capital	-5,438.75%	-2,958.91%	-2,168.33%	-1,549.57%	-1,939.69%	64.84%	-1,546.37%	-160.57%	-8,422.43%	-463.96%	-14,541.15%	-1,311.15%	1,690.45%	-168.74%	-4,092.63%	193.44%	-2,785.73%	299.10%	-502.96%	-385.71%	186.71%	-198.46%	-997.32%	-165.48%	-10,491.30%	250.15%	-4,869.32%	406.47%	-846.28%	1,048.43%	5,671.59%	1,712.83%	32,952.21%	-970.13%	-1,668.19%	482.74%	-46,666.67%	-397.83%	237.68%
Other Non-Cash Items	-39M	-26M	-7M	-4M	0M	0M	8M	-10M	-53M	-57M	-54M	-5M	-14M	0M	31M	13M	8M	8M	2M	7M	4M	1M	1M	0M	70M	-1M	-2M	8M	-15M	-7M	-7M	22M	-4M	-4M	1M	3M	-3M	134M	110M
Return on Other Non-Cash Items	-2,170.96%	-7,817.71%	-3,519.58%	-5,630.81%	-4,503.93%	-3,785.74%	-2,964.16%	-973.76%	-362.36%	-303.28%	-358.92%	-5,850.68%	-1,527.66%	-31,048.03%	129.00%	507.37%	745.64%	239.71%	2,271.09%	652.59%	393.02%	-979.97%	546.42%	-49,878.46%	-183.42%	-3,051.05%	-2,769.25%	1,076.20%	-688.87%	-1,134.75%	-678.49%	75.18%	-1,120.94%	-1,705.98%	5,407.30%	879.33%	-510.61%	-27.35%	-29.82%
Net Cash from Operating Activities	360M	322M	244M	193M	173M	158M	140M	241M	356M	286M	322M	471M	324M	206M	170M	255M	152M	110M	146M	144M	94M	85M	101M	26M	12M	105M	143M	168M	148M	137M	74M	89M	65M	128M	114M	72M	76M	30M	-66M
Return on Net Cash from Operating Activities	61.62%	57.08%	42.21%	23.00%	-27.58%	-11.47%	-8.48%	40.34%	54.34%	60.86%	60.66%	63.34%	66.00%	34.52%	23.47%	26.34%	39.32%	16.92%	30.72%	32.12%	16.91%	-9.15%	6.28%	-123.33%	-1,084.72%	27.69%	39.70%	49.92%	70.91%	55.14%	62.03%	18.97%	69.11%	59.62%	44.05%	39.68%	20.21%	-121.21%	49.55%
Capital Expenditures (PPE)	-203M	-149M	-114M	-89M	-91M	-89M	-81M	-164M	-270M	-223M	-219M	-166M	-78M	-57M	-102M	-54M	-76M	-79M	-87M	-44M	-34M	-44M	-59M	-16M	-53M	-59M	-101M	-152M	-122M	-95M	-68M	-56M	-75M	-97M	-53M	-61M	-12M	-28M	-50M
Return on Capital Expenditures (PPE)	-115.79%	-148.63%	-106.08%	-66.69%	-50.35%	-52.89%	-46.65%	-59.31%	-71.64%	-77.97%	-89.23%	-180.18%	-272.09%	-123.68%	-39.04%	-124.35%	-78.98%	-23.69%	-51.59%	-105.18%	-46.45%	17.38%	-10.82%	205.50%	240.30%	-49.67%	-56.11%	-55.48%	-85.59%	-79.14%	-67.64%	-30.21%	-60.02%	-78.31%	-95.83%	-47.11%	-132.25%	131.91%	66.01%
Acquisitions (Net)	1M	-43M	-25M	-29M	-20M	-14M	-11M	24M	-97M	0M	0M	3M	-230M	14M	11M	5M	2M	-22M	-30M	-3M	-4M	-180M	5M	-4M	-5M	0M	-5M	17M	29M	0M	0M	0M	40M	0M	0M	0M	39M	0M	0M
Return on Acquisitions (Net)	3,609.40%	2,246.96%	1,518.38%	928.42%	807.98%	650.81%	543.66%	404.61%	-200.08%	0.00%	0.00%	10,828.21%	-92.69%	499.26%	348.42%	1,437.22%	2,398.63%	-84.78%	-150.45%	-1,744.50%	-381.36%	4.29%	119.60%	744.45%	2,624.44%	0.00%	-1,235.59%	485.17%	359.18%	0.00%	0.00%	0.00%	110.78%	0.00%	0.00%	0.00%	39.46%	0.00%	0.00%
Purchases of Investments	-103M	-111M	-100M	-84M	-129M	-103M	-86M	-12M	-45M	-29M	-97M	-182M	-81M	-165M	-130M	-108M	-73M	-69M	-61M	-46M	-40M	-56M	-60M	-65M	-110M	-147M	-292M	-386M	-378M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Purchases of Investments	-320.33%	-253.30%	-154.06%	-108.55%	-80.03%	-64.02%	-53.35%	-810.41%	-426.50%	-595.02%	-202.44%	-163.53%	-262.44%	-43.06%	-30.83%	-62.00%	-81.31%	-26.88%	-73.10%	-100.75%	-39.92%	13.84%	-10.60%	49.75%	116.47%	-19.89%	-19.46%	-21.77%	-27.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Sales / Maturities of Investments	110M	124M	99M	87M	128M	103M	85M	41M	93M	67M	198M	64M	73M	217M	120M	59M	74M	74M	46M	36M	33M	61M	65M	120M	134M	107M	348M	372M	296M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Sales / Maturities of Investments	274.49%	229.61%	149.97%	109.79%	82.63%	66.11%	55.09%	237.56%	207.35%	261.27%	98.64%	463.57%	291.77%	32.81%	33.21%	114.59%	80.88%	25.15%	97.87%	128.80%	48.33%	-12.73%	9.74%	-27.08%	-95.58%	27.16%	16.33%	22.59%	35.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Investing Activities	38M	25M	15M	12M	13M	15M	14M	16M	100M	-2M	96M	20M	14M	-1M	2M	4M	4M	9M	7M	5M	2M	6M	2M	10M	5M	12M	17M	16M	25M	28M	78M	7M	7M	10M	-9M	15M	37M	65M	-66M
Return on Other Investing Activities	-3,232.06%	-3,222.51%	-1,026.35%	-579.01%	-487.88%	-312.97%	-271.64%	619.54%	193.45%	-11,414.76%	204.14%	1,514.44%	1,545.57%	-7,961.93%	1,985.35%	1,580.40%	1,395.79%	211.86%	675.61%	937.03%	720.65%	-120.87%	358.40%	-316.80%	-2,603.07%	248.28%	340.96%	524.60%	416.79%	271.23%	59.19%	224.48%	612.65%	765.76%	-547.60%	187.63%	41.24%	-56.04%	49.83%
Net Cash from Investing Activities	-157M	-153M	-124M	-103M	-99M	-88M	-77M	-95M	-219M	-187M	-22M	-261M	-303M	7M	-98M	-95M	-68M	-87M	-126M	-52M	-43M	-213M	-46M	45M	-29M	-86M	-33M	-132M	-151M	-68M	10M	-48M	-27M	-87M	-62M	-46M	65M	38M	-116M
Return on Net Cash from Investing Activities	-369.20%	-45.01%	-48.09%	-46.00%	-29.47%	-20.63%	-23.52%	-102.05%	-88.42%	-92.89%	-900.49%	-114.22%	-70.42%	952.96%	-40.70%	-70.84%	-87.23%	-21.40%	-35.70%	-89.49%	-36.88%	3.63%	-13.71%	-72.57%	438.19%	-33.83%	-170.86%	-63.57%	-69.39%	-111.74%	474.09%	-34.91%	-166.60%	-87.23%	-81.56%	-62.91%	23.79%	-97.43%	28.40%
Net Debt Issuance	-82M	-93M	-69M	-50M	-37M	-37M	-34M	-29M	-122M	-121M	-83M	-43M	-119M	-101M	-39M	-71M	-59M	-52M	3M	-40M	-43M	40M	-8M	-6M	20M	0M	-4M	-2M	-2M	0M	-110M	-19M	-65M	-8M	-41M	-29M	-142M	-75M	211M
Return on Net Debt Issuance	-355.73%	-263.48%	-29.69%	2.48%	-967.39%	-1,656.30%	-1,386.88%	-338.25%	-158.83%	-144.34%	-234.67%	-688.16%	-179.87%	-70.33%	-102.29%	-94.39%	-101.36%	-35.73%	1,354.29%	-114.19%	-36.62%	-19.42%	-76.81%	581.13%	-630.71%	-8,239.55%	-1,607.50%	-3,552.77%	-5,354.45%	-20,864.36%	-42.10%	-89.49%	-69.40%	-994.32%	-123.22%	-98.45%	-10.84%	49.13%	-15.53%
Long-Term Debt Issuance	-78M	-91M	-67M	-48M	-35M	-32M	4M	-80M	-119M	-121M	-69M	-43M	-119M	-101M	-39M	-71M	-59M	-52M	8M	-40M	-43M	47M	-16M	3M	14M	0M	-1M	0M	-2M	0M	-110M	-19M	-65M	94M	407M	523M	-142M	-75M	211M
Return on Long-Term Debt Issuance	-371.67%	-273.04%	-114.19%	-154.64%	-2,460.67%	-2,807.90%	-2,338.56%	-120.92%	-162.71%	-144.34%	-282.50%	-688.16%	-179.87%	-70.33%	-103.78%	-94.39%	-101.36%	-35.73%	558.58%	-114.19%	-36.62%	-16.45%	-39.44%	-970.98%	-945.57%	-9,887.46%	-4,178.31%	-26,528.08%	-5,354.45%	-20,864.36%	-42.10%	-89.49%	-69.40%	81.33%	12.37%	5.48%	-10.84%	49.13%	-15.53%
Short-Term Debt Issuance	-5M	-3M	-2M	-2M	-1M	-5M	-38M	52M	-3M	0M	-14M	0M	0M	0M	-1M	0M	0M	0M	-5M	0M	0M	-7M	8M	-9M	7M	0M	-2M	-2M	0M	0M	0M	0M	0M	-101M	-448M	-552M	0M	0M	0M
Return on Short-Term Debt Issuance	-461.98%	-277.19%	-945.14%	-3,442.11%	-5,483.89%	-4,390.12%	-3,658.98%	188.19%	-6,661.49%	0.00%	-1,385.95%	0.00%	0.00%	0.00%	-7,114.77%	0.00%	0.00%	0.00%	-950.70%	0.00%	-42,732.43%	107.54%	81.08%	363.55%	-1,894.09%	-49,437.29%	-2,612.64%	-4,102.15%	0.00%	0.00%	0.00%	0.00%	0.00%	-75.18%	-11.24%	-5.20%	0.00%	0.00%	0.00%
Net Stock Issuance	-77M	-64M	-37M	-24M	-19M	-16M	-13M	-77M	-82M	-75M	-92M	-65M	-83M	-7M	-9M	-9M	-6M	-10M	-13M	1M	3M	0M	1M	2M	0M	3M	-2M	-21M	-7M	1M	-5M	0M	-1M	-4M	0M	0M	0M	0M	0M
Return on Net Stock Issuance	-301.17%	-447.71%	-493.25%	-82.90%	-1,594.61%	-1,339.28%	-1,662.74%	-125.88%	-236.95%	-231.23%	-213.52%	-458.77%	-256.94%	-1,078.09%	-438.91%	-715.25%	-992.29%	-196.13%	-351.38%	4,064.88%	567.72%	0.00%	830.01%	-1,773.58%	-27,268.44%	980.11%	-2,512.16%	-400.58%	-1,447.71%	6,713.69%	-950.33%	0.00%	-5,412.44%	-1,940.75%	0.00%	0.00%	0.00%	0.00%	-16,400.00%
Common Stock Issuance	0M	0M	0M	0M	1M	6M	5M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	1M	3M	0M	1M	2M	0M	3M	3M	6M	5M	9M	0M	0M	0M	110M	0M	0M	0M	0M	0M
Return on Common Stock Issuance	0.00%	0.00%	0.00%	245.94%	-855.54%	-646.74%	-1,085.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4,064.88%	567.72%	0.00%	830.01%	-1,773.58%	-27,268.44%	980.11%	2,117.96%	1,430.90%	1,939.67%	872.97%	0.00%	0.00%	0.00%	69.23%	0.00%	0.00%	0.00%	0.00%	-16,400.00%
Common Stock Repurchased	-77M	-64M	-37M	-25M	-21M	-17M	-14M	-77M	-82M	-75M	-92M	-65M	-83M	-7M	-9M	-9M	-6M	-10M	-13M	0M	0M	0M	0M	0M	0M	0M	-5M	-27M	-13M	-8M	-5M	0M	-1M	-4M	0M	0M	0M	0M	0M
Return on Common Stock Repurchased	-301.17%	-447.71%	-493.25%	-328.83%	-361.18%	-661.22%	-551.02%	-125.88%	-236.95%	-231.23%	-213.52%	-458.77%	-256.94%	-1,078.09%	-438.91%	-715.25%	-992.29%	-196.13%	-351.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1,149.14%	-312.97%	-828.98%	-1,003.44%	-950.33%	0.00%	-5,412.44%	-1,940.75%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Stock Issuance	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	-4M	0M	0M	0M	0M	0M
Return on Preferred Stock Issuance	0.00%	0.00%	0.00%	0.00%	0.00%	-510.63%	-425.52%	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%	-10,824.88%	-1,940.75%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Dividends Paid	-11M	-10M	-9M	-7M	-9M	-8M	-8M	-11M	-11M	-11M	-12M	-11M	-8M	-8M	-8M	-8M	-8M	-8M	-7M	-4M	-3M	-3M	-3M	-3M	-16M	-15M	-15M	-15M	-14M	-12M	-8M	0M	-2M	-4M	-4M	-4M	-4M	-4M	-5M
Return on Net Dividends Paid	-1,995.65%	-1,896.40%	-1,238.93%	-861.73%	-699.05%	-753.56%	-652.56%	-877.70%	-1,709.61%	-1,540.16%	-1,693.23%	-2,753.55%	-2,623.43%	-871.64%	-488.40%	-815.89%	-722.73%	-224.24%	-656.05%	-1,125.72%	-489.05%	240.20%	-199.15%	1,037.14%	823.87%	-190.09%	-374.71%	-550.75%	-763.47%	-628.88%	-579.64%	0.00%	-1,801.97%	-1,847.53%	-1,172.55%	-667.17%	-358.31%	814.60%	645.80%
Common Dividends Paid	-11M	-10M	-9M	-7M	-9M	-8M	-7M	-11M	-11M	-11M	-12M	-11M	-8M	-8M	-8M	-8M	-8M	-8M	-7M	-4M	-3M	-3M	-3M	-3M	-16M	-15M	-15M	-15M	-14M	-12M	-8M	0M	0M	0M	0M	-4M	-5M	-4M	-5M
Return on Common Dividends Paid	-1,995.65%	-1,896.40%	-1,238.93%	-861.73%	-699.05%	-607.58%	-491.04%	-877.70%	-1,709.61%	-1,540.16%	-1,693.23%	-2,753.55%	-2,623.43%	-871.64%	-488.40%	-815.89%	-722.73%	-224.24%	-656.05%	-1,125.72%	-489.05%	240.20%	-199.15%	1,037.14%	823.87%	-190.09%	-374.71%	-550.75%	-763.47%	-628.88%	-579.64%	0.00%	0.00%	0.00%	0.00%	-667.17%	-334.78%	814.60%	645.80%
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	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-2M	-4M	-4M	0M	0M	0M	0M
Return on Preferred Dividends Paid	0.00%	0.00%	0.00%	0.00%	0.00%	-145.98%	-160.73%	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%	-1,801.97%	-1,847.53%	-1,172.55%	0.00%	0.00%	0.00%	0.00%
Other Financing Activities	-15M	-16M	-9M	-3M	-5M	-2M	-2M	-59M	-23M	-26M	-10M	-9M	-38M	4M	-4M	-2M	-5M	-4M	4M	3M	8M	42M	-5M	-1M	-49M	1M	0M	2M	0M	7M	4M	3M	8M	8M	-8M	4M	11M	-4M	-11M
Return on Other Financing Activities	-1,982.91%	-983.11%	-975.28%	-282.80%	-3,276.91%	-2,449.94%	-1,994.23%	-166.04%	-829.12%	-661.37%	-1,905.55%	-3,381.82%	-566.37%	1,599.55%	-996.39%	-3,241.54%	-1,268.34%	-497.52%	1,166.55%	1,578.16%	206.73%	-18.61%	-119.72%	3,864.24%	259.02%	4,215.03%	-48,568.38%	4,917.78%	-22,119.66%	1,007.99%	1,190.24%	545.04%	556.09%	990.31%	-660.07%	703.85%	145.96%	936.54%	295.44%
Net Cash from Financing Activities	-186M	-183M	-123M	-84M	-70M	-64M	-57M	-176M	-238M	-233M	-197M	-128M	-248M	-111M	-60M	-91M	-78M	-74M	-12M	-40M	-36M	78M	-16M	-8M	-44M	-12M	-21M	-37M	-23M	-4M	-118M	-16M	-60M	-8M	-53M	-29M	-136M	-83M	195M
Return on Net Cash from Financing Activities	-135.65%	-111.40%	-115.95%	-63.13%	-92.25%	-201.12%	-173.50%	-55.36%	-81.25%	-74.55%	-99.40%	-233.00%	-86.22%	-63.82%	-66.20%	-73.93%	-76.65%	-25.28%	-360.42%	-114.07%	-43.95%	-9.90%	-39.70%	420.18%	289.66%	-242.46%	-269.58%	-227.78%	-447.92%	-2,011.96%	-38.93%	-107.07%	-74.91%	-950.16%	-95.39%	-97.70%	-11.31%	44.15%	-16.80%
Effect of FX on Cash	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	0M	0M	0M
Return on Effect of FX on Cash	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%	0.00%	0.00%	0.00%
Net Change in Cash	17M	-15M	-3M	6M	5M	6M	5M	-30M	-101M	-135M	104M	82M	-227M	102M	12M	69M	6M	-51M	8M	52M	15M	-51M	39M	63M	-62M	7M	89M	-1M	-27M	66M	-34M	25M	-22M	32M	0M	-3M	5M	-15M	13M
Return on Net Change in Cash	141.29%	79.93%	244.64%	174.94%	-408.98%	-324.02%	-1,045.19%	-325.72%	-191.72%	-129.07%	188.18%	364.77%	-93.92%	69.68%	341.08%	96.90%	1,080.04%	-36.79%	565.55%	89.34%	107.91%	15.28%	16.36%	-51.26%	207.79%	412.27%	63.99%	-11,094.20%	-393.45%	115.10%	-134.07%	67.87%	-204.80%	234.88%	-22,498.21%	-1,078.01%	322.45%	241.76%	-243.20%
Cash at Beginning of Period	166M	201M	175M	149M	123M	103M	87M	467M	902M	262M	158M	77M	304M	202M	190M	121M	115M	165M	157M	105M	91M	141M	103M	39M	101M	94M	5M	6M	32M	5M	40M	15M	37M	4M	5M	7M	2M	17M	3M
Return on Cash at Beginning of Period	192.98%	136.88%	85.28%	55.49%	182.63%	288.23%	272.77%	20.83%	21.47%	66.34%	123.40%	389.21%	70.25%	35.21%	21.02%	55.69%	51.83%	11.31%	28.56%	43.83%	17.43%	-5.47%	6.17%	-82.43%	-126.77%	31.09%	1,134.46%	1,458.19%	323.33%	1,438.37%	116.31%	113.19%	121.97%	1,763.26%	1,109.31%	398.10%	634.53%	-215.99%	-948.53%
Cash at End of Period	183M	186M	172M	155M	128M	109M	92M	437M	801M	127M	262M	158M	77M	304M	202M	190M	121M	114M	165M	157M	105M	91M	141M	103M	39M	101M	94M	5M	6M	71M	5M	40M	15M	37M	4M	5M	7M	2M	17M
Return on Cash at End of Period	133.11%	140.28%	84.95%	57.22%	205.79%	226.07%	181.45%	22.25%	24.18%	136.50%	74.53%	188.30%	278.68%	23.39%	19.80%	35.37%	49.45%	16.32%	27.19%	29.40%	15.01%	-8.52%	4.48%	-31.61%	-325.15%	28.91%	60.58%	1,678.86%	1,814.22%	106.57%	878.12%	42.43%	301.58%	207.27%	1,166.84%	631.19%	213.80%	-2,026.58%	-193.57%
Operating Cash Flow	360M	322M	244M	193M	173M	158M	140M	241M	356M	286M	322M	471M	324M	206M	170M	255M	152M	110M	146M	144M	94M	85M	101M	26M	12M	105M	143M	168M	148M	137M	74M	89M	65M	128M	114M	72M	76M	30M	-66M
Return on Operating Cash Flow	61.62%	57.08%	42.21%	23.00%	-27.58%	-11.47%	-8.48%	40.34%	54.34%	60.86%	60.66%	63.34%	66.00%	34.52%	23.47%	26.34%	39.32%	16.92%	30.72%	32.12%	16.91%	-9.15%	6.28%	-123.33%	-1,084.72%	27.69%	39.70%	49.92%	70.91%	55.14%	62.03%	18.97%	69.11%	59.62%	44.05%	39.68%	20.21%	-121.21%	49.53%
Capital Expenditure	-213M	-155M	-117M	-91M	-93M	-90M	-82M	-155M	-275M	-240M	-232M	-166M	-78M	-57M	-102M	-54M	-76M	-79M	-87M	-44M	-34M	-44M	-59M	-16M	-53M	-59M	-101M	-152M	-122M	-95M	-68M	-56M	-75M	-97M	-53M	-61M	-12M	-28M	-50M
Return on Capital Expenditure	-112.30%	-146.53%	-105.03%	-65.99%	-49.82%	-52.47%	-46.30%	-62.60%	-70.42%	-72.48%	-84.24%	-180.18%	-272.09%	-123.68%	-39.04%	-124.35%	-78.98%	-23.69%	-51.59%	-105.18%	-46.45%	17.38%	-10.82%	205.50%	240.30%	-49.67%	-56.11%	-55.48%	-85.59%	-79.14%	-67.64%	-30.21%	-60.02%	-78.31%	-95.83%	-47.11%	-132.25%	131.91%	66.01%
Free Cash Flow	147M	167M	127M	102M	81M	69M	58M	86M	81M	46M	90M	305M	245M	149M	68M	201M	76M	32M	59M	100M	59M	40M	42M	11M	-41M	47M	42M	17M	25M	42M	6M	33M	-10M	30M	62M	11M	65M	2M	-116M
Return on Free Cash Flow	231.29%	165.78%	113.45%	59.64%	115.67%	123.53%	65.96%	113.41%	238.01%	379.45%	216.74%	97.67%	87.14%	47.88%	58.86%	33.42%	78.28%	59.18%	75.92%	46.24%	26.59%	-19.31%	14.96%	-308.48%	308.69%	62.58%	135.74%	498.31%	413.56%	181.87%	748.42%	50.97%	-456.23%	249.75%	81.53%	251.40%	23.86%	-1,494.49%	28.30%

Free Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Net Income	222M	190M	118M	81M	68M	65M	55M	97M	194M	173M	195M	298M	214M	71M	40M	67M	60M	19M	45M	46M	16M	-8M	6M	-32M	-128M	29M	57M	84M	105M	76M	46M	17M	41M	76M	50M	29M	15M	-37M	-33M
EBITDA	418M	377M	273M	212M	145M	27M	-188M	298M	405M	377M	342M	536M	406M	223M	175M	202M	161M	136M	170M	160M	112M	76M	87M	21M	-87M	128M	170M	192M	-690M	-665M	139M	392M	-1,379M	-716M	-725M	-1,378M	-1,358M	-1,511M	-1,336M
Return on EBITDA	52.94%	48.67%	37.65%	17.29%	24.57%	20.15%	16.62%	32.68%	47.82%	46.01%	57.19%	55.63%	52.56%	31.94%	22.80%	33.22%	37.10%	13.67%	26.36%	28.86%	14.11%	-10.17%	7.26%	-157.23%	147.21%	22.74%	33.51%	43.71%	-15.17%	-11.36%	33.28%	4.29%	-3.00%	-10.64%	-6.95%	-2.08%	-1.13%	2.42%	2.46%
(-) Tax Adjustment	96M	87M	60M	44M	30M	-11M	-29M	77M	91M	78M	82M	129M	93M	51M	39M	41M	-25M	46M	65M	55M	21M	-41M	29M	-8M	20M	53M	63M	75M	-269M	-266M	53M	162M	-523M	-294M	-302M	-587M	-645M	536M	394M
Return on (-) Tax Adjustment	230.46%	211.74%	119.86%	119.56%	68.51%	56.20%	45.53%	126.53%	212.90%	221.89%	238.86%	230.64%	229.20%	138.09%	102.15%	163.69%	-234.78%	40.12%	68.76%	83.39%	75.25%	18.66%	21.82%	395.70%	-641.28%	54.72%	89.58%	112.67%	-38.89%	-28.38%	86.52%	10.37%	-7.91%	-25.94%	-16.71%	-4.89%	-2.39%	-6.83%	-8.32%
(-) Change In Working Capital	16M	8M	0M	0M	-1M	-3M	-6M	-59M	41M	-13M	30M	31M	-4M	-1M	-28M	56M	-16M	-36M	-18M	-7M	-10M	8M	10M	-7M	-8M	-18M	0M	8M	1M	6M	-19M	-8M	-27M	-11M	10M	-9M	-6M	1M	-82M
Return on (-) Change In Working Capital	96.06%	-1,957.23%	-1,048.68%	-724.47%	-9,842.36%	-7,873.99%	-6,650.49%	-164.92%	468.50%	-1,329.97%	660.60%	957.55%	-5,224.39%	-4,849.93%	-142.72%	120.31%	-382.03%	-51.33%	-244.89%	-624.10%	-160.58%	-96.48%	64.11%	436.82%	1,568.34%	-158.32%	-195,948.28%	992.85%	7,565.15%	1,317.21%	-236.75%	-206.23%	-153.04%	-723.63%	495.14%	-309.94%	-276.04%	-2,614.29%	40.20%
(-) Capital Expenditure	-213M	-155M	-117M	-91M	-93M	-90M	-82M	-155M	-275M	-240M	-232M	-166M	-78M	-57M	-102M	-54M	-76M	-79M	-87M	-44M	-34M	-44M	-59M	-16M	-53M	-59M	-101M	-152M	-122M	-95M	-68M	-56M	-75M	-97M	-53M	-61M	-12M	-28M	-50M
Return on (-) Capital Expenditure	-112.22%	-146.48%	-105.01%	-65.98%	-49.84%	-52.31%	-46.17%	-62.60%	-70.42%	-72.23%	-84.24%	-180.18%	-272.09%	-123.68%	-39.04%	-124.35%	-78.98%	-23.69%	-51.59%	-105.18%	-46.45%	17.38%	-10.82%	205.50%	239.61%	-49.67%	-56.11%	-55.48%	-85.59%	-79.14%	-67.64%	-30.21%	-55.45%	-78.31%	-95.84%	-47.15%	-132.25%	131.91%	66.01%
Unlevered Free Cash Flow	93M	127M	96M	78M	23M	-49M	-235M	124M	-2M	72M	-2M	210M	239M	115M	62M	51M	126M	48M	36M	68M	67M	65M	-10M	20M	-152M	35M	5M	-42M	-544M	-500M	37M	183M	-903M	-509M	-486M	-843M	-719M	-2,076M	-1,698M
Return on Unlevered Free Cash Flow	-3,790.38%	-2,243.98%	-1,081.45%	-730.35%	-492.09%	-389.65%	-325.11%	78.19%	-8,320.06%	241.83%	-11,754.90%	141.92%	89.46%	61.79%	64.65%	130.85%	47.24%	39.19%	123.48%	67.76%	23.66%	-11.90%	-61.87%	-158.47%	84.12%	84.18%	1,163.27%	-198.89%	-19.22%	-15.12%	126.08%	9.21%	-4.58%	-14.97%	-10.36%	-3.41%	-2.14%	1.76%	1.93%
(-) Net Interest Income After Taxes	1M	-2M	-3M	-3M	-2M	-1M	-1M	-4M	4M	2M	4M	-3M	-6M	-6M	-4M	-4M	-6M	-2M	-2M	-2M	-3M	-7M	-2M	-2M	1M	3M	3M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on (-) Net Interest Income After Taxes	883.97%	-419.30%	-877.80%	-744.69%	-1,522.37%	-1,217.89%	-1,014.91%	-2,203.16%	5,101.77%	8,290.90%	4,560.74%	-10,199.74%	-3,603.80%	-1,144.61%	-1,026.55%	-1,519.37%	-1,021.51%	-779.90%	-2,334.21%	-3,018.90%	-555.71%	112.09%	-329.16%	1,399.39%	-22,352.09%	1,049.41%	2,025.68%	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 Debt Issuance	-82M	-93M	-69M	-50M	-37M	-37M	-34M	-29M	-122M	-121M	-83M	-43M	-119M	-101M	-39M	-71M	-59M	-52M	3M	-40M	-43M	40M	-8M	-6M	20M	0M	-4M	-2M	-2M	0M	-110M	-19M	-65M	-8M	-41M	-29M	-142M	-75M	211M
Return on Net Debt Issuance	-355.56%	-263.38%	-29.64%	2.51%	-967.27%	-1,655.99%	-1,386.63%	-338.25%	-158.83%	-143.85%	-234.67%	-688.16%	-179.87%	-70.33%	-102.29%	-94.39%	-101.36%	-35.73%	1,354.29%	-114.19%	-36.62%	-19.42%	-76.81%	581.13%	-628.90%	-8,239.55%	-1,607.50%	-3,552.77%	-5,354.45%	-20,864.36%	-42.10%	-89.49%	-64.12%	-994.32%	-123.23%	-98.54%	-10.84%	49.13%	-15.53%
Levered Free Cash Flow	10M	35M	30M	31M	-11M	-85M	-267M	100M	-128M	-51M	-89M	170M	126M	20M	27M	-15M	73M	-2M	42M	29M	26M	112M	-17M	17M	-132M	32M	-1M	-45M	-546M	-500M	-73M	164M	-968M	-516M	-527M	-872M	-861M	-2,150M	-1,487M
Return on Levered Free Cash Flow	-127.92%	27.61%	-80.01%	-54.41%	-236.96%	-193.05%	-161.23%	97.21%	-151.23%	-340.44%	-219.02%	175.71%	169.60%	352.21%	150.03%	-435.89%	81.41%	-841.67%	107.93%	157.95%	59.67%	-6.92%	-38.25%	-188.54%	96.69%	92.55%	-3,904.74%	-188.35%	-19.15%	-15.10%	-63.21%	10.27%	-4.28%	-14.75%	-9.56%	-3.29%	-1.79%	1.70%	2.21%