Colony Capital, Inc. (CLNY)

Category: Company Returns Sector: Real Estate Industry: REIT - Diversified Live Price: $8.50

Income Returns

Metric	3Y Avg	5Y Avg	10Y Avg	TTM	TTM-1	2024-12-31	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
Net Income	-1,184M	-854M	-372M	686M	-678M	172M	-2,676M	-1,049M	-520M	-198M	115M	150M	123M	102M	62M	42M	18M
Revenue	1,390M	1,926M	1,200M	-239M	1,208M	607M	1,237M	2,326M	2,665M	2,797M	938M	842M	301M	180M	107M	65M	27M
Return on Revenue	-77.72%	-51.95%	-7.43%	-287.66%	-56.14%	28.30%	-216.38%	-45.08%	-19.50%	-7.08%	12.29%	17.81%	40.96%	56.46%	57.87%	64.55%	64.65%
Cost of Revenue	552M	828M	454M	352M	491M	0M	486M	1,169M	1,301M	1,181M	142M	156M	55M	30M	22M	0M	0M
Return on Cost of Revenue	-213.33%	-139.34%	33.16%	194.93%	-138.13%	0.00%	-550.29%	-89.71%	-39.94%	-16.75%	81.14%	96.05%	225.93%	342.78%	282.39%	0.00%	0.00%
Gross Profit	636M	977M	685M	-540M	717M	0M	750M	1,157M	1,364M	1,616M	796M	686M	246M	151M	85M	65M	27M
Return on Gross Profit	-149.08%	-99.51%	-27.08%	-127.23%	-94.57%	0.00%	-356.60%	-90.63%	-38.09%	-12.25%	14.49%	21.87%	50.03%	67.60%	72.79%	64.55%	64.65%
R&D Expenses	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%
SG&A Expenses	223M	293M	178M	301M	379M	0M	349M	322M	334M	460M	164M	123M	11M	8M	6M	0M	9M
Return on SG&A Expenses	-364.43%	-258.35%	230.58%	228.06%	-178.89%	0.00%	-767.33%	-325.97%	-155.47%	-42.99%	70.51%	122.19%	1,079.50%	1,348.24%	977.17%	0.00%	190.10%
Operating Expenses	543M	735M	438M	301M	944M	0M	780M	847M	950M	1,098M	370M	301M	21M	8M	6M	17M	9M
Return on Operating Expenses	-155.58%	-107.90%	241.19%	228.06%	-71.86%	0.00%	-342.98%	-123.77%	-54.72%	-18.03%	31.15%	49.79%	598.25%	1,295.05%	977.17%	247.86%	190.10%
Operating Income (EBIT)	149M	276M	264M	316M	-227M	166M	-30M	310M	415M	518M	426M	385M	226M	143M	79M	48M	18M
Return on Operating Income (EBIT)	2,914.17%	1,715.79%	884.96%	217.49%	299.28%	103.55%	8,977.55%	-338.58%	-125.35%	-38.22%	27.08%	38.99%	54.60%	71.32%	78.64%	87.28%	97.97%
Interest Income	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%	0.00%	0.00%	0.00%	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	330M	432M	254M	182M	279M	145M	310M	536M	596M	575M	170M	133M	48M	19M	8M	3M	1M
Return on Interest Expense	-313.00%	-212.13%	66.65%	377.29%	-243.33%	118.74%	-861.89%	-195.84%	-87.25%	-34.43%	67.80%	112.69%	254.62%	540.21%	751.83%	1,403.52%	3,194.77%
Net Interest Income	-330M	-432M	-254M	-182M	-279M	-145M	-310M	-536M	-596M	-575M	-170M	-133M	-48M	-19M	-8M	-3M	-1M
Return on Net Interest Income	313.00%	212.13%	-66.65%	-377.29%	243.33%	-118.74%	861.89%	195.84%	87.25%	34.43%	-67.80%	-112.69%	-254.62%	-540.21%	-751.83%	-1,403.52%	-3,194.77%
Unusual Items	1,663M	1,564M	856M	-209M	855M	142M	2,966M	1,880M	1,565M	1,269M	300M	271M	117M	35M	17M	7M	1M
Return on Unusual Items	-8.26%	-14.71%	78.76%	-328.14%	-79.36%	121.21%	-90.20%	-55.78%	-33.20%	-15.59%	38.38%	55.35%	105.61%	291.18%	370.70%	614.69%	2,702.90%
EBT Excluding Unusual Items	-2,847M	-2,421M	-1,195M	916M	-1,657M	27M	-5,652M	-2,915M	-2,120M	-1,446M	-5M	-24M	41M	92M	54M	38M	17M
Return on EBT Excluding Unusual Items	238.97%	151.02%	-166.47%	74.94%	40.93%	633.59%	47.34%	35.98%	24.51%	13.69%	-2,330.60%	-618.47%	302.56%	111.06%	115.60%	112.15%	102.25%
Pre-Tax Income	-1,184M	-857M	-339M	707M	-803M	169M	-2,686M	-1,035M	-555M	-177M	296M	247M	157M	127M	70M	45M	18M
Return on Pre-Tax Income	100.91%	101.69%	85.51%	97.13%	84.52%	101.74%	99.63%	101.35%	93.65%	112.08%	39.02%	60.78%	78.28%	80.39%	88.12%	94.85%	98.52%
Income Tax Expense	0M	-31M	-16M	111M	-124M	-3M	-10M	14M	-60M	-98M	5M	-9M	-2M	1M	2M	1M	0M
Return on Income Tax Expense	4,443.19%	2,879.97%	2,837.12%	620.86%	545.87%	-5,834.21%	26,653.64%	-7,489.87%	869.18%	201.11%	2,411.50%	-1,613.38%	-5,133.35%	15,442.34%	2,864.25%	3,548.28%	7,296.71%
Depreciation and Amortization	403M	480M	271M	-411M	634M	34M	578M	596M	572M	618M	172M	141M	9M	0M	-6M	-2M	0M
Return on Depreciation and Amortization	-43.01%	-50.37%	3,312.61%	-167.15%	-107.03%	509.58%	-462.71%	-175.90%	-90.78%	-32.03%	67.17%	106.39%	1,341.93%	32,827.42%	-965.00%	-2,159.43%	4,113.92%
EBITDA	-581M	-52M	99M	371M	4M	347M	-1,586M	-505M	589M	896M	462M	415M	178M	122M	72M	46M	19M
Return on EBITDA	141.99%	63.12%	61.51%	185.01%	-17,100.08%	49.47%	168.76%	207.72%	-88.28%	-22.08%	24.97%	36.16%	69.07%	83.71%	85.62%	90.96%	95.69%
NOPAT	151M	210M	232M	266M	-192M	169M	-30M	314M	370M	229M	419M	399M	229M	142M	76M	47M	18M
Return on NOPAT	2,926.32%	1,710.43%	882.38%	257.82%	354.10%	101.77%	9,011.23%	-334.06%	-140.48%	-86.33%	27.52%	37.58%	53.78%	71.69%	81.14%	89.68%	99.31%
Owner's Earnings	-783M	-640M	-600M	242M	-47M	202M	-2,097M	-453M	53M	-905M	-214M	-1,143M	-1,486M	-21M	62M	42M	18M
Return on Owner's Earnings	148.14%	-103.57%	-98.53%	283.20%	1,435.26%	85.08%	127.57%	231.76%	-984.12%	21.86%	-53.83%	-13.12%	-8.29%	-492.21%	100.00%	100.00%	100.00%

Balance Sheet Returns

Metric	3Y Avg	5Y Avg	10Y Avg	2024-12-31	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
Net Income	-1,184M	-854M	-372M	172M	-2,676M	-1,049M	-520M	-198M	115M	150M	123M	102M	62M	42M	18M	0M
Cash & Cash Equivalents	737M	719M	451M	302M	704M	1,205M	462M	922M	376M	186M	142M	43M	170M	4M	66M	157M
Return on Cash & Cash Equivalents	-136.84%	-108.89%	-7.42%	56.84%	-380.33%	-87.02%	-112.49%	-21.47%	30.67%	80.70%	86.76%	235.75%	36.43%	1,091.43%	26.77%	0.00%
Short-Term Investments	0M	0M	114M	0M	0M	0M	0M	0M	1,076M	0M	0M	31M	32M	0M	0M	0M
Return on Short-Term Investments	0.00%	0.00%	53.42%	0.00%	0.00%	0.00%	0.00%	0.00%	10.71%	0.00%	0.00%	330.04%	193.45%	0.00%	0.00%	0.00%
Cash & Short-Term Investments	737M	719M	565M	302M	704M	1,205M	462M	922M	1,452M	186M	142M	74M	202M	4M	66M	157M
Return on Cash & Short-Term Investments	-136.84%	-108.89%	-20.09%	56.84%	-380.33%	-87.02%	-112.49%	-21.47%	7.94%	80.70%	86.76%	137.52%	30.66%	1,091.43%	26.77%	0.00%
Net Receivables	1,109M	1,746M	1,991M	0M	1,525M	1,803M	1,933M	3,471M	3,530M	4,137M	2,144M	1,037M	334M	233M	70M	0M
Return on Net Receivables	-77.89%	-53.25%	-22.52%	0.00%	-175.49%	-58.17%	-26.88%	-5.70%	3.27%	3.62%	5.74%	9.81%	18.59%	18.17%	25.36%	0.00%
Inventory	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Inventory	0.00%	0.00%	0.00%	0.00%	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	1,854M	1,669M	802M	0M	4,375M	1,187M	1,407M	1,377M	-701M	284M	85M	8M	0M	0M	0M	0M
Return on Other Current Assets	-49.84%	-40.17%	126.96%	0.00%	-61.16%	-88.35%	-36.94%	-14.37%	-16.44%	52.90%	145.45%	1,288.49%	0.00%	0.00%	0.00%	0.00%
Total Current Assets	3,700M	4,134M	3,359M	302M	6,603M	4,195M	3,802M	5,770M	4,281M	4,607M	2,371M	1,119M	536M	236M	136M	157M
Return on Total Current Assets	-2.89%	-5.16%	0.60%	56.84%	-40.52%	-25.00%	-13.67%	-3.43%	2.69%	3.26%	5.20%	9.10%	11.57%	17.87%	13.02%	0.00%
Property, Plant & Equipment	297M	199M	284M	0M	627M	265M	48M	54M	45M	48M	1,644M	112M	0M	0M	0M	0M
Return on Property, Plant & Equipment	-274.01%	-455.01%	-161.39%	0.00%	-426.76%	-395.29%	-1,084.05%	-368.98%	253.70%	309.47%	7.49%	90.48%	0.00%	0.00%	0.00%	0.00%
Goodwill	920M	1,166M	721M	466M	843M	1,453M	1,535M	1,535M	680M	678M	20M	0M	0M	0M	0M	0M
Return on Goodwill	-117.58%	-79.90%	25.53%	36.89%	-317.44%	-72.19%	-33.86%	-12.90%	16.96%	22.11%	615.75%	0.00%	0.00%	0.00%	0.00%	0.00%
Intangible Assets	24M	293M	220M	72M	0M	0M	540M	853M	300M	326M	106M	8M	0M	0M	0M	0M
Return on Intangible Assets	79.01%	23.53%	162.75%	237.04%	0.00%	0.00%	-96.18%	-23.20%	38.44%	46.07%	116.11%	1,309.21%	0.00%	0.00%	0.00%	0.00%
Long-Term Investments	1,350M	1,727M	1,453M	0M	1,737M	2,314M	2,543M	2,039M	1,076M	924M	1,647M	1,370M	877M	444M	249M	129M
Return on Long-Term Investments	-66.44%	-45.89%	-18.06%	0.00%	-154.00%	-45.33%	-20.43%	-9.70%	10.71%	16.22%	7.48%	7.43%	7.07%	9.53%	7.13%	0.00%
Tax Assets	0M	0M	1M	0M	0M	0M	0M	0M	0M	0M	7M	2M	0M	0M	0M	0M
Return on Tax Assets	0.00%	0.00%	609.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1,834.49%	4,256.17%	0.00%	0.00%	0.00%	0.00%
Other Non-Current Assets	7,332M	10,056M	5,723M	0M	10,390M	11,605M	13,748M	14,536M	3,378M	3,456M	78M	18M	23M	48M	6M	1M
Return on Other Non-Current Assets	-11.60%	-7.99%	97.97%	0.00%	-25.75%	-9.04%	-3.78%	-1.36%	3.41%	4.34%	158.73%	579.49%	273.62%	88.92%	320.46%	0.00%
Other Assets	891M	535M	267M	2,673M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Other Assets	2.14%	1.29%	0.64%	6.43%	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	9,924M	13,440M	8,403M	538M	13,597M	15,637M	18,413M	19,016M	5,480M	5,433M	3,501M	1,510M	900M	491M	254M	130M
Return on Total Non-Current Assets	1.85%	0.33%	2.37%	31.92%	-19.68%	-6.71%	-2.82%	-1.04%	2.10%	2.76%	3.52%	6.74%	6.89%	8.61%	6.97%	0.00%
Total Assets	14,515M	18,109M	12,028M	3,513M	20,201M	19,832M	22,215M	24,786M	9,761M	10,039M	5,872M	2,629M	1,436M	728M	390M	288M
Return on Total Assets	-4.55%	-3.36%	-0.38%	4.89%	-13.25%	-5.29%	-2.34%	-0.80%	1.18%	1.49%	2.10%	3.87%	4.32%	5.81%	4.54%	0.00%
Accounts Payable	107M	103M	67M	0M	178M	144M	94M	99M	83M	68M	0M	0M	0M	0M	2M	0M
Return on Accounts Payable	-744.54%	-596.94%	-262.31%	0.00%	-1,504.53%	-729.09%	-550.92%	-200.18%	139.62%	221.96%	0.00%	0.00%	0.00%	0.00%	800.86%	0.00%
Short-Term Debt	0M	0M	41M	0M	0M	0M	0M	0M	0M	0M	164M	139M	108M	69M	20M	0M
Return on Short-Term Debt	0.00%	0.00%	20.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	75.09%	73.48%	57.33%	61.25%	88.66%	0.00%
Tax Payables	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Tax Payables	0.00%	0.00%	0.00%	0.00%	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 Revenue	0M	8M	7M	0M	0M	0M	0M	42M	29M	0M	0M	0M	0M	0M	0M	0M
Return on Deferred Revenue	0.00%	-93.22%	-6.88%	0.00%	0.00%	0.00%	0.00%	-466.10%	397.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Current Liabilities	1,565M	1,146M	585M	0M	3,778M	917M	367M	670M	98M	137M	24M	-80M	-64M	31M	21M	14M
Return on Other Current Liabilities	-61.73%	-71.28%	16.26%	0.00%	-70.83%	-114.36%	-141.65%	-29.55%	117.85%	109.68%	515.44%	-126.76%	-97.20%	135.52%	84.58%	0.00%
Total Current Liabilities	1,672M	1,258M	699M	0M	3,956M	1,061M	461M	811M	209M	204M	188M	58M	44M	100M	43M	14M
Return on Total Current Liabilities	-55.50%	-60.72%	20.50%	0.00%	-67.64%	-98.85%	-112.68%	-24.40%	55.05%	73.40%	65.54%	174.80%	139.76%	42.18%	41.06%	0.00%
Long-Term Debt	5,836M	7,675M	4,974M	0M	8,342M	9,165M	10,040M	10,828M	3,716M	4,179M	2,748M	616M	108M	14M	14M	0M
Return on Long-Term Debt	-14.51%	-10.10%	3.45%	0.00%	-32.08%	-11.44%	-5.18%	-1.83%	3.10%	3.59%	4.48%	16.52%	57.33%	305.24%	126.65%	0.00%
Capital Lease Obligations	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Capital Lease Obligations	0.00%	0.00%	0.00%	0.00%	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	130M	130M	74M	0M	168M	222M	93M	166M	41M	45M	0M	0M	0M	0M	0M	0M
Return on Deferred Tax Liabilities	-687.03%	-547.55%	-212.60%	0.00%	-1,589.08%	-472.00%	-557.67%	-119.01%	278.13%	333.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Non-Current Liabilities	379M	432M	246M	0M	713M	425M	434M	589M	148M	153M	0M	0M	0M	0M	0M	0M
Return on Other Non-Current Liabilities	-207.39%	-155.08%	-59.99%	0.00%	-375.43%	-246.75%	-119.60%	-33.61%	77.66%	97.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Total Non-Current Liabilities	6,368M	8,268M	5,316M	0M	9,260M	9,845M	10,608M	11,625M	3,935M	4,419M	2,748M	616M	108M	14M	14M	0M
Return on Total Non-Current Liabilities	-13.18%	-9.23%	3.85%	0.00%	-28.89%	-10.65%	-4.90%	-1.70%	2.93%	3.39%	4.48%	16.52%	57.33%	305.24%	126.65%	0.00%
Total Liabilities	8,381M	9,730M	6,118M	1,022M	13,216M	10,906M	11,069M	12,436M	4,144M	4,623M	2,936M	674M	153M	114M	57M	14M
Return on Total Liabilities	-4.35%	-3.87%	4.66%	16.80%	-20.25%	-9.62%	-4.69%	-1.59%	2.78%	3.24%	4.19%	15.09%	40.65%	37.06%	31.01%	0.00%
Preferred Stock	265M	159M	79M	795M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Stock	7.20%	4.32%	2.16%	21.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Stock	3M	4M	2M	0M	5M	5M	5M	5M	1M	1M	1M	1M	1M	0M	0M	0M
Return on Common Stock	-25,591.21%	-18,229.89%	-3,146.16%	0.00%	-55,272.86%	-21,500.76%	-10,733.46%	-3,642.39%	10,115.61%	13,355.30%	11,236.22%	13,302.61%	11,678.15%	12,963.19%	10,190.23%	0.00%
Retained Earnings	-5,474M	-3,921M	-2,008M	-6,838M	-6,195M	-3,390M	-2,018M	-1,165M	-246M	-131M	-68M	-20M	-5M	6M	1M	-1M
Return on Retained Earnings	23.87%	22.87%	-192.63%	-2.51%	43.19%	30.94%	25.74%	16.98%	-46.87%	-114.25%	-181.09%	-498.29%	-1,200.14%	766.97%	1,539.15%	0.00%
Accumulated OCI	0M	-116M	-60M	1M	0M	0M	0M	-578M	-8M	-3M	-6M	0M	0M	0M	0M	0M
Return on Accumulated OCI	11,337.23%	6,809.18%	-2,061.28%	34,011.68%	0.00%	0.00%	0.00%	34.22%	-1,449.08%	-4,610.51%	-1,917.91%	-46,681.19%	0.00%	0.00%	0.00%	0.00%
Minority Interest	8M	5M	2M	24M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Minority Interest	235.07%	141.04%	70.52%	705.20%	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 Shareholders’ Equity	5,957M	8,273M	5,857M	1,959M	6,985M	8,926M	11,146M	12,349M	5,617M	5,416M	2,936M	1,954M	1,283M	613M	333M	273M
Return on Total Shareholders’ Equity	-13.76%	-9.51%	-2.85%	8.77%	-38.31%	-11.75%	-4.66%	-1.60%	2.05%	2.77%	4.19%	5.21%	4.83%	6.89%	5.32%	0.00%
Total Equity	6,126M	8,375M	5,908M	2,467M	6,985M	8,926M	11,146M	12,349M	5,617M	5,416M	2,936M	1,954M	1,283M	613M	333M	273M
Return on Total Equity	-14.37%	-9.87%	-3.03%	6.96%	-38.31%	-11.75%	-4.66%	-1.60%	2.05%	2.77%	4.19%	5.21%	4.83%	6.89%	5.32%	0.00%
Total Liabilities & Equity	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%
Total Investments	1,350M	1,727M	1,567M	0M	1,737M	2,314M	2,543M	2,039M	2,153M	924M	1,647M	1,400M	909M	444M	249M	129M
Return on Total Investments	-66.44%	-45.89%	-18.63%	0.00%	-154.00%	-45.33%	-20.43%	-9.70%	5.36%	16.22%	7.48%	7.27%	6.82%	9.53%	7.13%	0.00%
Net Debt	5,099M	6,956M	4,564M	-302M	7,638M	7,960M	9,578M	9,906M	3,340M	3,993M	2,770M	711M	46M	79M	-32M	-157M
Return on Net Debt	-35.02%	-22.49%	4.79%	-56.84%	-35.03%	-13.18%	-5.42%	-2.00%	3.45%	3.76%	4.45%	14.30%	134.41%	53.51%	-54.99%	0.00%

Capital Returns

Metric	3Y Avg	5Y Avg	10Y Avg	2024-12-31	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
Net Income	-1,184M	-854M	-372M	172M	-2,676M	-1,049M	-520M	-198M	115M	150M	123M	102M	62M	42M	18M	0M
Working Capital	2,028M	2,877M	2,659M	302M	2,647M	3,134M	3,341M	4,959M	4,072M	4,402M	2,183M	1,061M	491M	136M	93M	143M
Return on Working Capital	-25.90%	-19.45%	-6.31%	56.84%	-101.07%	-33.46%	-15.55%	-3.99%	2.83%	3.41%	5.64%	9.59%	12.62%	31.00%	19.07%	0.00%
Total Capital	11,792M	15,948M	10,872M	1,959M	15,326M	18,092M	21,186M	23,177M	9,333M	9,595M	5,848M	2,709M	1,499M	696M	367M	273M
Return on Total Capital	-4.83%	-3.56%	-0.50%	8.77%	-17.46%	-5.80%	-2.45%	-0.85%	1.24%	1.56%	2.11%	3.76%	4.14%	6.07%	4.83%	0.00%
Capital Employed	12,843M	16,852M	11,329M	3,513M	16,245M	18,771M	21,754M	23,975M	9,552M	9,835M	5,684M	2,570M	1,391M	627M	347M	273M
Return on Capital Employed	-5.72%	-4.08%	-0.71%	4.89%	-16.47%	-5.59%	-2.39%	-0.83%	1.21%	1.52%	2.17%	3.96%	4.46%	6.74%	5.11%	0.00%
Invested Capital	11,055M	15,229M	10,421M	1,656M	14,623M	16,886M	20,724M	22,255M	8,957M	9,409M	5,706M	2,666M	1,329M	692M	301M	116M
Return on Invested Capital	-4.71%	-3.51%	-0.40%	10.37%	-18.30%	-6.21%	-2.51%	-0.89%	1.29%	1.59%	2.16%	3.82%	4.67%	6.10%	5.89%	0.00%

Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	TTM	TTM-1	2024-12-31	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
Net Income	-1,184M	-854M	-372M	686M	-678M	172M	-2,676M	-1,049M	-520M	-198M	115M	150M	123M	102M	62M	42M	18M
Depreciation & Amortization	403M	480M	272M	-439M	631M	34M	578M	596M	572M	618M	172M	141M	9M	0M	0M	0M	0M
Return on Depreciation & Amortization	-43.01%	-50.37%	3,409.11%	-156.41%	-107.49%	509.58%	-462.71%	-175.90%	-90.78%	-32.03%	67.17%	106.39%	1,341.93%	32,827.42%	0.00%	0.00%	0.00%
Deferred Income Tax	-13M	-49M	-25M	55M	-50M	-3M	-25M	-10M	-69M	-138M	0M	0M	0M	0M	0M	0M	0M
Return on Deferred Income Tax	5,384.58%	3,409.01%	1,704.50%	1,251.02%	1,345.21%	-5,435.41%	10,666.34%	10,922.80%	748.39%	142.92%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Stock-Based Compensation	36M	61M	36M	26M	46M	35M	35M	40M	42M	154M	14M	14M	11M	4M	7M	0M	0M
Return on Stock-Based Compensation	-3,269.85%	-2,235.70%	-492.41%	2,661.36%	-1,473.77%	494.75%	-7,653.99%	-2,650.31%	-1,240.82%	-128.14%	845.56%	1,093.63%	1,093.20%	2,376.02%	845.99%	20,715.69%	0.00%
Change in Working Capital	9M	-22M	-3M	-21M	80M	0M	31M	-4M	-41M	-96M	43M	15M	17M	4M	0M	2M	1M
Return on Change in Working Capital	5,983.37%	3,887.35%	3,828.34%	-3,301.43%	-850.21%	0.00%	-8,588.54%	26,538.64%	1,280.04%	206.60%	268.25%	990.03%	705.56%	2,461.66%	14,421.16%	2,760.29%	1,227.06%
Accounts Receivable	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accounts Receivable	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Inventory	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Inventory	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Accounts Payable	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accounts Payable	0.00%	0.00%	0.00%	0.00%	0.00%	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 Working Capital	9M	-22M	-3M	-21M	80M	0M	31M	-4M	-41M	-96M	43M	15M	17M	4M	0M	2M	1M
Return on Other Working Capital	5,983.37%	3,887.35%	3,828.34%	-3,301.43%	-850.21%	0.00%	-8,588.54%	26,538.64%	1,280.04%	206.60%	268.25%	990.03%	705.56%	2,461.66%	14,421.16%	2,760.29%	1,227.06%
Other Non-Cash Items	864M	665M	343M	19M	1,999M	-152M	2,146M	597M	522M	210M	65M	53M	-28M	15M	1M	-20M	-9M
Return on Other Non-Cash Items	-137.71%	-121.41%	504.59%	3,530.83%	-33.93%	-112.89%	-124.67%	-175.56%	-99.48%	-94.44%	178.14%	281.36%	-435.37%	687.74%	4,941.12%	-215.85%	-190.27%
Net Cash from Operating Activities	107M	275M	249M	294M	126M	60M	90M	171M	507M	550M	408M	373M	133M	125M	71M	24M	10M
Return on Net Cash from Operating Activities	-1,101.58%	-688.65%	-311.35%	233.12%	-539.99%	285.68%	-2,976.60%	-613.81%	-102.49%	-36.01%	28.24%	40.20%	92.76%	81.22%	87.31%	173.08%	179.88%
Capital Expenditures (PPE)	-1M	-266M	-500M	-5M	0M	-4M	0M	0M	0M	-1,325M	-501M	-1,434M	-1,618M	-123M	0M	0M	0M
Return on Capital Expenditures (PPE)	-1,595.68%	-954.42%	-489.61%	-14,070.49%	0.00%	-4,787.04%	0.00%	0.00%	0.00%	14.93%	-23.01%	-10.46%	-7.61%	-82.90%	0.00%	0.00%	0.00%
Acquisitions (Net)	0M	0M	0M	-32M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Acquisitions (Net)	0.00%	0.00%	0.00%	-2,144.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Purchases of Investments	-66M	-46M	-310M	-466M	-8M	-170M	-12M	-15M	-34M	0M	-91M	-1,120M	-1,653M	0M	0M	-187M	0M
Return on Purchases of Investments	9,957.68%	14,522.92%	7,246.71%	-147.38%	8,409.07%	-100.92%	22,948.19%	7,025.77%	1,514.27%	41,227.29%	-126.70%	-13.39%	-7.45%	0.00%	0.00%	-22.56%	0.00%
Sales / Maturities of Investments	66M	103M	80M	203M	44M	106M	33M	58M	44M	273M	0M	0M	28M	181M	78M	0M	4M
Return on Sales / Maturities of Investments	-3,270.17%	-2,214.82%	-1,049.88%	338.66%	-1,545.91%	161.43%	-8,153.33%	-1,818.60%	-1,191.08%	-72.50%	0.00%	0.00%	439.82%	56.24%	79.25%	0.00%	430.26%
Other Investing Activities	753M	873M	480M	2,257M	-2,143M	56M	-1,953M	4,156M	-278M	2,384M	844M	1,095M	368M	-1,371M	-504M	-179M	-183M
Return on Other Investing Activities	139.20%	119.31%	63.76%	30.42%	31.66%	305.84%	137.00%	-25.23%	187.23%	-8.30%	13.66%	13.70%	33.42%	-7.42%	-12.30%	-23.59%	-9.70%
Net Cash from Investing Activities	752M	664M	-250M	1,957M	-2,107M	-11M	-1,932M	4,199M	-268M	1,332M	252M	-1,459M	-2,875M	-1,313M	-426M	-366M	-179M
Return on Net Cash from Investing Activities	-472.44%	-247.69%	-122.95%	35.08%	32.20%	-1,530.83%	138.50%	-24.98%	193.73%	-14.86%	45.80%	-10.28%	-4.28%	-7.75%	-14.56%	-11.53%	-9.92%
Net Debt Issuance	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Net Debt Issuance	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt Issuance	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Long-Term Debt Issuance	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt Issuance	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Short-Term Debt Issuance	0.00%	0.00%	0.00%	0.00%	0.00%	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	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Net Stock Issuance	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Stock Issuance	0M	0M	156M	0M	0M	0M	0M	0M	0M	0M	0M	0M	718M	475M	371M	272M	56M
Return on Common Stock Issuance	0.00%	0.00%	5.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	17.15%	21.42%	16.71%	15.52%	31.88%
Common Stock Repurchased	-146M	-383M	-194M	5M	0M	0M	-428M	-11M	-543M	-936M	-20M	0M	0M	0M	0M	-9M	0M
Return on Common Stock Repurchased	3,465.55%	2,102.69%	993.68%	12,626.43%	0.00%	0.00%	625.76%	9,770.89%	95.67%	21.14%	-576.65%	0.00%	0.00%	0.00%	0.00%	-488.33%	0.00%
Preferred Stock Issuance	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Stock Issuance	0.00%	0.00%	0.00%	0.00%	0.00%	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	-170M	-310M	-231M	-92M	-127M	0M	-186M	-323M	-431M	-612M	-230M	-204M	-155M	-111M	-58M	-33M	-10M
Return on Net Dividends Paid	588.27%	383.52%	151.56%	-744.87%	534.49%	0.00%	1,439.80%	325.01%	120.50%	32.32%	-50.24%	-73.59%	-79.29%	-91.40%	-107.48%	-128.47%	-175.64%
Common Dividends Paid	-170M	-310M	-231M	19M	-127M	0M	-186M	-323M	-431M	-612M	-230M	-204M	-155M	-111M	-58M	-33M	-10M
Return on Common Dividends Paid	588.27%	383.52%	151.56%	3,625.94%	534.49%	0.00%	1,439.80%	325.01%	120.50%	32.32%	-50.24%	-73.59%	-79.29%	-91.40%	-107.48%	-128.47%	-175.64%
Preferred Dividends Paid	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Dividends Paid	0.00%	0.00%	0.00%	0.00%	0.00%	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	-633M	-598M	279M	-1,849M	1,594M	0M	1,559M	-3,457M	-357M	-734M	-236M	1,264M	2,997M	1,172M	579M	313M	88M
Return on Other Financing Activities	-47.10%	6.22%	1.77%	-37.13%	-42.55%	0.00%	-171.65%	30.34%	145.47%	26.95%	-48.78%	11.86%	4.11%	8.68%	10.71%	13.52%	20.19%
Net Cash from Financing Activities	-802M	-908M	48M	-1,941M	1,467M	0M	1,373M	-3,780M	-788M	-1,347M	-466M	1,061M	2,842M	1,061M	521M	280M	78M
Return on Net Cash from Financing Activities	-55.71%	-17.31%	-7.13%	-35.37%	-46.23%	0.00%	-194.88%	27.75%	65.91%	14.70%	-24.75%	14.14%	4.33%	9.59%	11.90%	15.11%	22.82%
Effect of FX on Cash	3M	2M	0M	-23M	15M	0M	7M	2M	-12M	11M	-4M	-6M	-1M	0M	0M	0M	0M
Return on Effect of FX on Cash	-32,102.16%	-18,715.16%	-4,804.69%	-2,989.98%	-4,501.39%	0.00%	-36,306.09%	-60,000.40%	4,503.44%	-1,772.74%	-2,836.85%	-2,314.51%	-12,527.87%	63,208.07%	0.00%	-1,408,666.67%	886,550.00%
Net Change in Cash	43M	23M	49M	-623M	-499M	0M	-462M	592M	-561M	546M	190M	44M	99M	-127M	166M	-62M	-91M
Return on Net Change in Cash	134.13%	91.74%	94.27%	-110.26%	136.00%	0.00%	579.56%	-177.17%	92.59%	-36.26%	60.65%	341.50%	124.68%	-80.11%	37.28%	-67.75%	-19.47%
Cash at Beginning of Period	752M	805M	457M	2,720M	4,645M	0M	1,425M	833M	1,394M	376M	186M	142M	43M	170M	4M	66M	157M
Return on Cash at Beginning of Period	-104.59%	-80.73%	171.06%	25.24%	-14.60%	0.00%	-187.81%	-125.95%	-37.28%	-52.63%	62.05%	105.67%	285.29%	59.79%	1,601.52%	63.79%	11.27%
Cash at End of Period	796M	828M	506M	1,063M	4,146M	0M	963M	1,425M	833M	922M	376M	186M	142M	43M	170M	4M	66M
Return on Cash at End of Period	-117.16%	-87.07%	3.50%	64.58%	-16.36%	0.00%	-277.85%	-73.62%	-62.40%	-21.47%	30.67%	80.70%	86.76%	235.75%	36.43%	1,091.43%	26.77%
Operating Cash Flow	107M	275M	249M	294M	126M	60M	90M	171M	507M	550M	408M	373M	133M	125M	71M	24M	10M
Return on Operating Cash Flow	-1,101.58%	-688.65%	-311.35%	233.12%	-539.99%	285.68%	-2,976.60%	-613.81%	-102.49%	-36.01%	28.24%	40.20%	92.76%	81.22%	87.31%	173.08%	179.88%
Capital Expenditure	-1M	-266M	-500M	-5M	0M	-4M	0M	0M	0M	-1,325M	-501M	-1,434M	-1,618M	-123M	0M	0M	0M
Return on Capital Expenditure	-1,595.68%	-954.42%	-489.61%	-13,240.10%	0.00%	-4,787.04%	0.00%	0.00%	0.00%	14.93%	-23.01%	-10.46%	-7.61%	-82.90%	0.00%	0.00%	0.00%
Free Cash Flow	106M	10M	-252M	289M	126M	57M	90M	171M	507M	-776M	-93M	-1,061M	-1,485M	3M	71M	24M	10M
Return on Free Cash Flow	-1,095.53%	-672.72%	58.52%	237.30%	-539.99%	303.82%	-2,976.60%	-613.81%	-102.49%	25.52%	-124.18%	-14.14%	-8.29%	4,008.07%	87.31%	173.08%	179.88%

Free Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	TTM	TTM-1	2024-12-31	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
Net Income	-1,193M	-859M	-374M	654M	-2,580M	147M	-2,676M	-1,049M	-520M	-198M	115M	150M	123M	102M	62M	42M	18M
EBITDA	-581M	-52M	99M	371M	-2,437M	347M	-1,586M	-505M	589M	896M	462M	415M	178M	122M	72M	46M	19M
Return on EBITDA	139.61%	61.69%	60.80%	176.27%	105.88%	42.34%	168.76%	207.72%	-88.28%	-22.08%	24.97%	36.16%	69.07%	83.71%	85.62%	90.96%	95.69%
(-) Tax Adjustment	-2M	-114M	-58M	58M	38M	-6M	6M	-7M	-63M	-500M	7M	-16M	-3M	1M	2M	1M	0M
Return on (-) Tax Adjustment	-10,742.39%	-6,273.63%	-1,645.26%	1,126.77%	-6,717.87%	-2,428.09%	-45,149.47%	15,350.39%	819.39%	39.62%	1,542.91%	-959.81%	-4,529.30%	16,078.72%	2,783.02%	3,402.64%	7,087.21%
(-) Change In Working Capital	9M	-22M	-3M	-21M	80M	0M	31M	-4M	-41M	-96M	43M	15M	17M	4M	0M	2M	1M
Return on (-) Change In Working Capital	5,983.37%	3,887.35%	3,828.34%	-3,145.46%	-3,233.47%	0.00%	-8,588.54%	26,538.64%	1,280.04%	206.60%	268.25%	990.03%	705.56%	2,461.66%	14,421.16%	2,760.29%	1,227.06%
(-) Capital Expenditure	-1M	-266M	-500M	-5M	0M	-4M	0M	0M	0M	-1,325M	-501M	-1,434M	-1,618M	-123M	0M	0M	0M
Return on (-) Capital Expenditure	-1,365.72%	-816.44%	-420.62%	-12,614.58%	0.00%	-4,097.16%	0.00%	0.00%	0.00%	14.93%	-23.01%	-10.46%	-7.61%	-82.90%	0.00%	0.00%	0.00%
Unlevered Free Cash Flow	-589M	-182M	-341M	329M	-2,555M	350M	-1,623M	-494M	693M	166M	-90M	-1,018M	-1,455M	-6M	70M	44M	17M
Return on Unlevered Free Cash Flow	139.73%	45.06%	-154.92%	199.03%	100.98%	42.05%	164.90%	212.26%	-75.03%	-118.87%	-128.39%	-14.73%	-8.47%	-1,711.80%	88.88%	96.73%	105.33%
(-) Net Interest Income After Taxes	-329M	-508M	-292M	-153M	-353M	-147M	-312M	-528M	-660M	-895M	-167M	-138M	-49M	-19M	-8M	-3M	-1M
Return on (-) Net Interest Income After Taxes	319.11%	211.64%	-68.89%	-426.13%	730.63%	-99.89%	858.68%	198.53%	78.76%	22.11%	-68.92%	-108.60%	-250.80%	-543.04%	-775.70%	-1,442.07%	-3,238.50%
Net Debt Issuance	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Net Debt Issuance	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Levered Free Cash Flow	-260M	327M	-48M	482M	-2,202M	497M	-1,311M	34M	1,352M	1,062M	78M	-880M	-1,405M	13M	78M	47M	17M
Return on Levered Free Cash Flow	-945.33%	-578.61%	-189.50%	135.67%	117.18%	29.59%	204.10%	-3,069.69%	-38.42%	-18.64%	148.78%	-17.04%	-8.76%	795.35%	79.75%	90.65%	102.01%