Grifols SA (GRFS)
Grifols, S.A., a company founded in 1940 and headquartered in Barcelona, Spain, specializes in the development, manufacture, and distribution of therapeutic products, with a primary focus on those derived from human plasma. Its operations are organized into several divisions. The Bioscience division is dedicated to researching, producing, and marketing plasma-derived medicines, such as immunoglobulins, alpha-1 antitrypsin, albumin, and clotting factors, along with other innovative treatments for chronic, rare, prevalent, and life-threatening conditions. The Hospital division provides non-biological pharmaceuticals, medical supplies, clinical nutrition solutions, intravenous therapies, and medical devices. The Diagnostic division develops, manufactures, and commercializes diagnostic products that span the entire healthcare continuum, from prevention and screening to diagnosis, prognosis, and monitoring of diseases and treatments, catering to professional healthcare providers. The Bio Supplies division offers essential biological materials for life-science research, clinical trials, and the manufacturing of pharmaceutical and diagnostic products. These diverse offerings enable healthcare professionals to diagnose and treat patients suffering from conditions like hemophilia, immune deficiencies, and infectious diseases. Grifols serves a wide array of clients, including public and private healthcare organizations, wholesalers, distributors, group purchasing organizations, blood banks, hospitals, and national health systems. The company also maintains a technology collaboration agreement with Mondragon.
Sector: Pharmaceutical Preparations
Industry: Drug Manufacturers - General
Grifols, S.A.
NASDAQ:GRFSHealthcare · Drug Manufacturers - General
+1.48%$7.56
AH Close$7.56+0.00%vs close
AH Close$7.56+0.00%vs close
Mkt Cap$5.15B
Float545.52M
O/S680.58M
Inst Own20.9%
SI1.3%
Div Yield1.40%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$8.09B
Net Income$432.2M
Total Assets$22.11B
Free Cash Flow$840.75M
Debt & Equity
Debt 62%
Equity 38%
Total Debt$9.78B
Total Equity$5.9B
Shares Outstanding
Short Interest
Split History4 splits · 1 reverse
- 2:1Forward splitJan 4, 20161 share → 2
- 1.1:1Forward splitDec 11, 20121 share → 1.1
- 1:2Reverse splitJul 23, 20122 shares → 1
- 1.1:1Forward splitDec 1, 20111 share → 1.1
Balance Sheet Details
Assets$22.11B
Liabilities$13.58B
Accounts Receivable$945.41M
Accounts Payable$940.93M
Inventory$3.69B
PP&E (Net)$4.53B
Goodwill$7.64B
Intangible Assets$3.05B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 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 |
| Revenue | $8.09B | $8.07B | $7.38B | $6.79B | $5.52B | $5.98B | $5.71B | $5.02B | $4.83B | $4.53B | $4.4B | $3.76B | $3.07B | $2.93B | $2.01B | $1.11B | $1.02B | $911.46M | $787.19M | $726.2M | $586.82M |
| YoY Growth | 0.2% | 9.4% | 8.7% | 22.9% | -7.6% | 4.7% | 13.6% | 3.9% | 6.6% | 2.9% | 17.3% | 22.4% | 4.6% | 46.0% | 81.2% | 8.5% | 12.1% | 15.8% | 8.4% | 23.8% | - |
| Cost of Revenue | $5.2B | $4.94B | $4.6B | $4.31B | $3.32B | $3.45B | $3.09B | $2.73B | $2.42B | $2.39B | $2.24B | $1.85B | $1.48B | $1.45B | $522.38M | $254.75M | $192.56M | $196.64M | $200.83M | $227.41M | $172.26M |
| Gross Profit | $2.89B | $3.13B | $2.78B | $2.48B | $2.2B | $2.52B | $2.62B | $2.29B | $2.41B | $2.14B | $2.16B | $1.9B | $1.59B | $1.49B | $1.49B | $854.17M | $829.57M | $714.82M | $586.36M | $498.79M | $414.57M |
| Gross Margin | 35.7% | 38.7% | 37.7% | 36.5% | 39.8% | 42.2% | 45.9% | 45.7% | 49.8% | 47.2% | 49.1% | 50.6% | 51.7% | 50.7% | 74.0% | 77.0% | 81.2% | 78.4% | 74.5% | 68.7% | 70.6% |
| Research and Development | $401.02M | $429.85M | $442.44M | $404.22M | $397.22M | $329.32M | $308.95M | $269.37M | $322.72M | $221.19M | $250.94M | $202.32M | $137.98M | $139.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.14B | $1.28B | $1.42B | $1.24B | $1.19B | $1.1B | $1.06B | $911.98M | $962.99M | $867.76M | $824.29M | $739.6M | $625.09M | $610.1M | $1.03B | $528.41M | $493.82M | $391.98M | $335.83M | $350.52M | $296.66M |
| Other | $15.05M | $83.36M | $45.17M | -$42.15M | -$54.69M | -$23.28M | -$10.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $150.25M | $92.8M | $83.86M | $67.15M | $57.53M | $51.81M | $46.58M |
| Total Operating Expenses | $1.56B | $1.79B | $1.9B | $1.6B | $1.53B | $1.41B | $1.35B | $1.18B | $1.29B | $1.09B | $1.08B | $941.92M | $763.06M | $749.39M | $1.18B | $621.21M | $577.67M | $459.13M | $393.36M | $402.33M | $343.23M |
| Operating Income (EBIT) | $1.33B | $1.33B | $875.65M | $875.78M | $666.06M | $1.11B | $1.27B | $1.11B | $1.12B | $1.05B | $1.09B | $960.01M | $823.94M | $738.83M | $312.13M | $234.7M | $253.55M | $227.17M | $163.81M | $112.48M | $82.36M |
| Operating Margin | 16.4% | 16.5% | 11.9% | 12.9% | 12.1% | 18.7% | 22.2% | 22.2% | 23.2% | 23.2% | 24.7% | 25.6% | 26.8% | 25.2% | 15.5% | 21.2% | 24.8% | 24.9% | 20.8% | 15.5% | 14.0% |
| Interest Expense | $671.95M | $865.39M | $577.63M | $497.58M | $261.71M | $318.53M | $363.08M | $306.87M | $279.3M | $256.1M | $251.41M | $234.49M | $241.04M | $318.01M | $224.49M | $37.38M | $13.87M | $14.18M | $10.65M | $9.04M | $9.27M |
| Interest Income | $36.55M | $53.78M | $69.88M | $37.9M | $12.93M | $10.23M | $127.82M | $15.66M | $10.83M | $11.12M | $6.54M | $3.44M | $5.45M | $1.88M | $6.45M | $3.22M | $7.29M | $2.48M | $3.19M | $5.22M | $3.83M |
| Other Income (Expense) | -$667.65M | -$837.26M | -$643.93M | -$497.44M | -$273.79M | -$131.52M | -$351.75M | -$300.29M | -$344.32M | -$253.7M | -$313.54M | -$299.98M | -$267.05M | -$304.6M | -$222.56M | -$58.09M | -$25.22M | -$34.35M | -$25.48M | -$41.39M | -$36.67M |
| Income Before Tax (EBT) | $661.2M | $496.96M | $231.72M | $378.34M | $392.26M | $983.45M | $914.58M | $812.43M | $778.72M | $797.78M | $772.6M | $660.03M | $556.89M | $434.23M | $89.57M | $176.61M | $228.33M | $192.82M | $138.33M | $71.09M | $45.69M |
| Income Tax Expense | $123.64M | $258.77M | $48.52M | $100.86M | $95.28M | $189.88M | $188.56M | $147.12M | $38.51M | $188.28M | $177.75M | $137.22M | $174.03M | $148.39M | $33.35M | $47.59M | $63.16M | $56.14M | $39.44M | $19.95M | $17.14M |
| Net Income | $432.2M | $175.64M | $47.37M | $207.11M | $211.24M | $692.34M | $699.73M | $667.82M | $741.76M | $610.53M | $595.63M | $526.35M | $386.78M | $287.31M | $56.31M | $129.29M | $165.63M | $136.25M | $98.25M | $50.81M | $28.6M |
| Net Income Margin | 5.3% | 2.2% | 0.6% | 3.1% | 3.8% | 11.6% | 12.3% | 13.3% | 15.3% | 13.5% | 13.5% | 14.0% | 12.6% | 9.8% | 2.8% | 11.7% | 16.2% | 14.9% | 12.5% | 7.0% | 4.9% |
| Supplementary Data | |||||||||||||||||||||
| EPS | 0.57 | 0.23 | 0.09 | 0.31 | 0.27 | 0.73 | 0.95 | 0.87 | 0.97 | 0.80 | 0.78 | 0.69 | 0.51 | 0.38 | 0.08 | 0.27 | 0.31 | 0.25 | 0.18 | 0.11 | 0.06 |
| Diluted EPS | 0.57 | 0.23 | 0.09 | 0.31 | 0.27 | 0.73 | 0.94 | 0.87 | 0.97 | 0.80 | 0.78 | 0.69 | 0.51 | 0.38 | 0.08 | 0.26 | 0.31 | 0.25 | 0.18 | 0.11 | 0.06 |
| Weighted Average OS | 680.58M | 680.02M | 679.76M | 679.81M | 681.56M | 685.52M | 659.98M | 684.71M | 684.20M | 683.23M | 685.28M | 685.35M | 681.01M | 685.40M | 659.52M | 433.86M | 483.83M | 486.74M | 489.97M | 429.58M | 421.25M |
| EBITDA | $1.82B | $1.66B | $1.31B | $1.34B | $1.06B | $1.59B | $1.62B | $1.41B | $1.33B | $1.28B | $1.26B | $1.13B | $950.84M | $898.35M | $402.44M | $272.23M | $289.25M | $248.07M | $184.25M | $113.41M | $87.06M |
| EBITDA Margin | 22.5% | 20.6% | 17.7% | 19.7% | 19.1% | 26.6% | 28.3% | 28.1% | 27.6% | 28.3% | 28.5% | 30.1% | 31.0% | 30.6% | 20.0% | 24.5% | 28.3% | 27.2% | 23.4% | 15.6% | 14.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 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 |
| Assets | |||||||||||||||||||||
| Current Assets | |||||||||||||||||||||
| Cash and Cash Equivalents | $923.03M | $1.1B | $592.76M | $614.73M | $733.69M | $648.8M | $932.24M | $1.16B | $992.28M | $1B | $1.28B | $1.21B | $793.33M | $529.79M | $381.22M | $268.24M | $279.12M | $7.13M | $6.37M | $30.09M | $25.58M |
| Short-Term Investments | $0 | $23.71M | $130.36M | $34.74M | $2.27B | $12.16M | $2.16B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.92M | $14.49M | $9.2M | $7.45M | $7.92M | $6.98M | $740K |
| Cash and Short-Term Investments | $923.03M | $1.12B | $723.12M | $649.46M | $3.01B | $660.96M | $3.09B | $1.16B | $992.28M | $1B | $1.28B | $1.21B | $793.33M | $529.79M | $400.14M | $282.73M | $288.32M | $14.58M | $14.29M | $37.07M | $26.32M |
| Accounts Receivable | $945.41M | $1.21B | $775.52M | $866.56M | $485.93M | $428.95M | $591.14M | $449.48M | $431.23M | $591.57M | $534.8M | $680.9M | $517.85M | $494.49M | $591.66M | $316.76M | $282.77M | $259.46M | $224.39M | $211.4M | $177.66M |
| Inventory | $3.69B | $3.98B | $3.9B | $3.62B | $2.53B | $2.24B | $2.94B | $2.18B | $1.82B | $1.84B | $1.6B | $1.34B | $1.06B | $1.12B | $1.15B | $590.84M | $542.26M | $417.61M | $302.95M | $263.57M | $279.32M |
| Other Current Assets | $113M | $87.95M | $1.47B | $90.53M | $147.33M | $193.5M | $87.34M | $70.63M | $37M | $54.09M | $34.8M | $26.49M | $260K | -$215K | $1.97M | -$733K | $3.3M | $5.89M | $0 | $8.63M | $4.56M |
| Total Current Assets | $5.68B | $6.41B | $6.86B | $5.25B | $6.17B | $3.54B | $6.74B | $3.9B | $3.3B | $3.5B | $3.46B | $3.26B | $2.39B | $2.17B | $2.16B | $1.28B | $1.12B | $701.35M | $554.64M | $529.76M | $488.34M |
| Long-Term Assets | |||||||||||||||||||||
| Property, Plant & Equipment Net | $4.53B | $4.82B | $4.69B | $4.8B | $3.74B | $3.36B | $3.6B | $2.18B | $1.97B | $2.03B | $1.84B | $1.28B | $940.48M | $906.75M | $868.43M | $485.92M | $416.05M | $336.92M | $225.35M | $207.06M | $208.88M |
| Goodwill | $7.64B | $8.29B | $7.61B | $7.85B | $6.97B | $5.97B | $6.92B | $5.83B | $5.14B | $4.08B | $3.95B | $3.55B | $2.05B | $2.09B | $2.12B | $212.05M | $194.76M | $177.48M | $168.17M | $168.81M | $131.09M |
| Intangible Assets | $3.05B | $3.28B | $1.35B | $3.3B | $1.12B | $1.74B | $1.8B | $1.55B | $1.42B | $1.34B | $1.3B | $1.2B | $1.06B | $1.08B | $1.13B | $87.64M | $77.66M | $64.65M | $64.05M | $68.11M | $54.53M |
| Long-Term Investments | $663.46M | $592.08M | $505.81M | $2.23B | $2.54B | $2.31B | $311.55M | $256.12M | $289.97M | $260.15M | $87.4M | $65.65M | $43.8M | $6.68M | $7.56M | $9.1M | $4.6M | $2.25M | $1.27M | $2.54M | $2.69M |
| Deferred Tax Assets | $516.9M | $382.43M | $0 | $195.79M | $0 | $167.81M | $154.57M | $125.96M | $74.05M | $75.24M | $74.76M | $92.28M | $38.73M | $27.67M | $207.99M | $39.05M | $37.38M | $38.39M | $38.18M | $46.4M | $34.17M |
| Other Long-Term Assets | $17.9M | $187.72M | $2.47B | $139.01M | $987.91M | $0 | $6.83M | $118.29M | $33.39M | $65.44M | $32.5M | $5.21M | $13.24M | $14.69M | $7.44M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $16.43B | $17.55B | $16.63B | $18.51B | $15.36B | $13.55B | $12.79B | $10.07B | $8.93B | $7.84B | $7.29B | $6.2B | $4.14B | $4.13B | $4.34B | $833.77M | $730.45M | $619.69M | $497.02M | $492.92M | $431.37M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $22.11B | $23.96B | $23.5B | $23.76B | $21.53B | $17.1B | $19.53B | $13.97B | $12.22B | $11.34B | $10.75B | $9.46B | $6.54B | $6.3B | $6.5B | $2.11B | $1.85B | $1.32B | $1.05B | $1.02B | $919.71M |
| Liabilities | |||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||
| Accounts Payable | $940.93M | $953.98M | $921.13M | $881.97M | $704.03M | $673.39M | $731.08M | $628.92M | $473.57M | $516.08M | $458.9M | $492.08M | $306.26M | $255.65M | $314.21M | $179.85M | $135.33M | $111.05M | $86.11M | $75.26M | $77.93M |
| Short-Term Debt | $431.87M | $585.54M | $1.03B | $647.98M | $2.63B | $309.97M | $401.48M | $7.92M | $144.53M | $223.96M | $202.75M | $176.43M | $273.45M | $207.07M | $160.2M | $214.5M | $122.29M | $164.28M | $201.39M | $153.05M | $108.57M |
| Current Income Tax Payable | $0 | $95.12M | $0 | $17.56M | $0 | $24.63M | $6.68M | $41.6M | $44.35M | $46.68M | $52.01M | $127.87M | $17.47M | $16.78M | $5.25M | $4.67M | $3.65M | $18.31M | $4.22M | $0 | $0 |
| Current Unearned Revenue | $86.15M | $79.32M | $0 | $42.35M | $0 | $26.84M | $26.98M | $17.38M | $15.93M | $7.84M | $10.29M | $22.8M | $8.35M | $186.04M | $129.36M | $58.85M | $58.11M | $41.29M | $35.76M | $50.5M | $58.23M |
| Other Current Liabilities | $514.66M | $91.73M | $121.55M | $427.11M | $133.68M | $296.07M | $329.95M | $568.33M | $308.54M | $129.51M | $222.96M | $165.56M | $68.16M | $68.7M | $107.03M | $56.27M | $18.95M | $37.56M | $30.96M | $60.96M | $74.07M |
| Total Current Liabilities | $2.26B | $2.41B | $2.6B | $2.26B | $3.89B | $1.49B | $1.72B | $1.41B | $1.09B | $1.2B | $1.18B | $1.21B | $800.63M | $663.59M | $723.15M | $473.6M | $334.72M | $355.42M | $354.34M | $316.5M | $282.52M |
| Long-Term Liabilities | |||||||||||||||||||||
| Long-Term Debt | $8.27B | $9.43B | $10.06B | $9.13B | $7.77B | $6.6B | $7.65B | $6.73B | $6.57B | $5.23B | $5.11B | $4.55B | $2.72B | $2.87B | $3.12B | $744.77M | $780.13M | $354.74M | $205.95M | $221.99M | $212.66M |
| Long-Term Unearned Revenue | $0 | $15.61M | $0 | $16.93M | $0 | $19.04M | $0 | $13.26M | $13.23M | $13.65M | $14.69M | $7.59M | $7.87M | $6.55M | $12.37M | $1.54M | $1.38M | $2.63M | $5.09M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $1.01B | $1.13B | $0 | $1.16B | $0 | $623.24M | $582.76M | $452.64M | $435.31M | $672.3M | $706.91M | $603.06M | $508.26M | $507.99M | $602.68M | $88.58M | $67.52M | $58.17M | $49.02M | $51.33M | $47.13M |
| Other Long-Term Liabilities | $956.59M | $190.8M | $1.3B | $1.25B | $755.9M | $60.37M | $86.69M | $96.67M | $32.91M | $40.4M | $34.46M | $100.75M | $133.69M | $121.08M | $154.38M | $10.3M | $16.64M | $3.41M | $1.12M | $20.56M | $314.78M |
| Total Long-Term Liabilities | $11.32B | $11.91B | $12.48B | $12.57B | $9.45B | $8.08B | $9.2B | $7.3B | $7.06B | $5.97B | $5.87B | $5.27B | $3.38B | $3.53B | $3.91B | $848.95M | $872.61M | $426.93M | $267.32M | $293.88M | $574.57M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $13.58B | $14.33B | $15.09B | $14.83B | $13.34B | $9.58B | $10.91B | $8.71B | $8.16B | $7.17B | $7.05B | $6.48B | $4.18B | $4.19B | $4.64B | $1.32B | $1.21B | $782.35M | $621.66M | $610.38M | $857.09M |
| Stockholders' Equity | |||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $134.26M | $133.87M | $133.87M | $133.87M | $133.87M | $133.87M | $150.27M | $1.15B | $1.15B | $1.15B | $1.15B | $1.15B | $1.15B | $1.13B | $131.95M | $0 | $0 | $119.24M | $119.24M | $119.24M | $78.54M |
| Retained Earnings | $0 | $175.64M | $88.82M | $0 | $277.59M | $692.34M | $0 | $514.76M | $604.1M | $472.96M | $461.74M | $430.16M | $309.82M | $287.31M | $56.31M | $129.29M | $165.63M | $0 | $0 | $50.81M | $28.6M |
| Comprehensive Income & Other | $4.89B | $5.41B | $4.94B | $5.35B | $4.94B | $3.92B | $4.83B | $3.12B | $2.37B | $2.62B | $2.14B | $1.47B | $888.87M | $688.26M | $701.88M | $394.97M | $251.45M | $182.51M | $96.19M | $241.79M | -$44.66M |
| Other Stockholders' Equity | $5.76B | $6.28B | $5.79B | $6.19B | $5.77B | $4.89B | $5.91B | $3.06B | $2.3B | $2.54B | $2.07B | $1.39B | $888.87M | $684.84M | $1.67B | $646.43M | $468.31M | $418.06M | $309.66M | $241.79M | -$44.66M |
| Total Equity | $5.9B | $6.59B | $6.01B | $6.32B | $6.18B | $5.72B | $6.06B | $4.73B | $4.06B | $4.17B | $3.69B | $2.98B | $2.35B | $2.1B | $1.86B | $775.72M | $633.94M | $537.3M | $428.9M | $411.84M | $62.49M |
| Minority Interest | $2.61B | $3.05B | $2.4B | $2.61B | $2.01B | $1.8B | $2.54B | $527.25M | $5.47M | $7.27M | $5.81M | $5.33M | $6.65M | $4.45M | $2.78M | $16.06M | $13.61M | $1.4M | $1.1M | $457K | $135K |
| Total Liabilities and Equity | $19.48B | $20.91B | $21.1B | $21.16B | $19.52B | $15.29B | $16.97B | $13.44B | $12.22B | $11.33B | $10.74B | $9.45B | $6.53B | $6.29B | $6.5B | $2.1B | $1.84B | $1.32B | $1.05B | $1.02B | $919.57M |
| Supplementary Data | |||||||||||||||||||||
| Total Debt | $9.78B | $11.29B | $12.33B | $10.91B | $11.38B | $7.74B | $8.93B | $6.75B | $6.73B | $5.47B | $5.33B | $4.74B | $3.01B | $3.11B | $3.31B | $959.26M | $914.67M | $532.52M | $418.04M | $377.44M | $328.66M |
| Net Debt | $8.86B | $10.19B | $11.74B | $10.3B | $10.64B | $7.09B | $8B | $5.59B | $5.74B | $4.47B | $4.05B | $3.54B | $2.22B | $2.58B | $2.93B | $691.02M | $635.54M | $525.4M | $411.67M | $347.35M | $303.08M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 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 |
| Operating Activities | |||||||||||||||||||||
| Net Income | $432.2M | $496.96M | $231.72M | $404.35M | $211.24M | $692.34M | $914.58M | $812.43M | $778.72M | $797.78M | $772.6M | $660.03M | $556.89M | $434.23M | $89.57M | $176.61M | $228.33M | $136.68M | $98.89M | $50.81M | $28.6M |
| Depreciation & Amortization | $483.81M | $490.14M | $499.68M | $460.01M | $402.69M | $359.89M | $338.54M | $255.88M | $241.2M | $225.95M | $212.39M | $212.08M | $143.8M | $144.53M | $101.45M | $51.24M | $44.27M | $37.22M | $35.29M | $32.86M | $30.11M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $56.14M | $39.44M | $19.95M | $17.26M |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||
| Accounts Receivable | -$34.4M | -$46.88M | -$77.02M | -$89.73M | -$18.81M | -$39.66M | -$111.23M | -$14.71M | $89.67M | -$28.18M | $161.63M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$104.29M | $28.9M | -$460.53M | -$671.85M | -$176.26M | $184.27M | -$362.37M | -$259.31M | -$185.25M | -$193.64M | -$135.03M | -$108.6M | $19.34M | $16.24M | $7.73M | -$20.49M | -$126.6M | -$110.27M | -$50.95M | $8.35M | $6.82M |
| Accounts Payable | $101.06M | $0 | $0 | $89.77M | $0 | $0 | $0 | $151.4M | $24.95M | $40.83M | -$106.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $10.75M | $43.03M | $131.42M | -$10.08M | -$7.92M | -$23.06M | -$65.38M | $133.23M | $111.6M | $9.72M | $48.78M | $215.25M | $25.81M | -$65.06M | -$65.13M | -$67.67M | $10.05M | $13.4M | $5.75M | -$46.02M | $51.57M |
| Total Working Capital Change | -$26.88M | $25.05M | -$406.13M | -$681.9M | -$202.99M | $121.56M | -$538.98M | -$126.08M | -$73.65M | -$183.92M | -$86.25M | $106.65M | $45.14M | -$48.82M | -$57.4M | -$88.16M | -$116.55M | -$96.88M | -$45.2M | -$37.67M | $58.39M |
| Other Non-Cash Items | $236.53M | -$2.35M | -$80.49M | -$194.63M | $257.26M | $69.01M | -$77.33M | -$116.84M | -$4.1M | -$220.53M | -$67.35M | $116.96M | -$83.19M | $37.68M | $112.88M | -$22.99M | -$57.35M | $27.92M | $20.02M | $40.39M | $38.23M |
| Net Cash from Operating | $1.13B | $1.01B | $244.78M | -$12.16M | $668.19M | $1.24B | $636.81M | $825.4M | $942.17M | $619.28M | $831.39M | $1.1B | $662.64M | $567.62M | $246.5M | $116.69M | $98.7M | $82.17M | $99.22M | $54.93M | $134.01M |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | -$454.78M | -$260.28M | -$251.21M | -$420.36M | -$276.88M | -$313.58M | -$347.41M | -$344.43M | -$361.5M | -$327.61M | -$634.67M | -$321.28M | -$193.47M | -$185.95M | -$178.97M | -$115.74M | -$132.94M | $0 | $0 | $0 | $0 |
| Acquisitions | -$111.81M | -$319.98M | -$32.99M | -$1.61B | -$581.06M | -$524.49M | -$134.03M | -$586.6M | -$2.08B | -$226.91M | -$65.6M | -$1.38B | -$77.42M | -$10.28M | -$1.82B | -$1.65M | -$17.22M | -$707K | -$19.11M | -$67.67M | $0 |
| Purchases of Investments | -$61.28M | -$49.08M | -$104.44M | -$184.3M | $0 | $0 | -$21.77M | -$23.21M | -$33M | -$15.29M | -$24.39M | -$15.15M | -$12.1M | $22.5M | $25.41M | -$14.21M | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $5.38M | $0 | $16.94M | $0 | $0 | $0 | $0 | $78.48M | $25.77M | $48.44M | $49.73M | $57.25M | $38.49M | $34.68M | $6.47M | $695K | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $1.62B | -$70.11M | $3.68M | -$98.1M | -$122.42M | -$111.05M | $616K | $853K | -$45.72M | -$33.72M | -$41.1M | -$19.7M | $66.93M | $153.98M | $14.43M | -$2.01M | -$145.66M | -$60.04M | -$38.99M | -$32.02M |
| Net Cash from Investing | -$622.5M | $992.45M | -$441.81M | -$2.21B | -$956.05M | -$960.49M | -$614.26M | -$875.14M | -$2.45B | -$567.1M | -$708.64M | -$1.7B | -$264.19M | -$72.12M | -$1.81B | -$116.47M | -$152.17M | -$146.37M | -$79.15M | -$106.66M | -$32.02M |
| Financing Activities | |||||||||||||||||||||
| Debt Repaid | $133.2M | $124.79M | $130.28M | $116.73M | -$3.07B | $272.41M | $82.59M | -$41.88M | -$2.02B | $89.71M | -$32.41M | -$1.37B | $88.89M | $286.06M | -$1.97B | $1.19M | -$385.5M | -$107.84M | - | -$39.6M | $99.21M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.03M | $79.64M | $0 | $174.22M | $5.8M | $0 | $0 | $58.11M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$138.69M | $0 | $0 | -$3.87M | -$140.7M | $0 | $0 | $0 | $0 | -$14.2M | -$65.43M | -$77.51M | -$134.8M | -$5.81M | -$3.17M | -$1.4M | -$28.28M | -$4.71M | -$32.34M | -$313.18M | -$339.31M |
| Dividends Paid | -$137.62M | -$1.08M | $0 | -$663K | -$282.56M | -$126.74M | -$267.22M | -$312.11M | -$244.3M | -$241.94M | -$248.23M | -$174.62M | -$78.42M | $0 | $0 | -$30.54M | -$90.57M | -$38.94M | -$14.33M | -$7.84M | -$3.18M |
| Other Financing Activities | -$159.24M | -$1.39B | $322.23M | -$72.93M | -$78.97M | $2.46M | -$22.2M | $437.5M | -$175.11M | -$24.06M | $19.12M | -$179.05M | $33.1M | -$55.69M | -$318.72M | $362K | $829K | $1.16M | $4.61M | $337.84M | -$714K |
| Net Cash from Financing | -$568.74M | -$1.52B | $191.95M | -$194.19M | $2.57B | -$396.68M | -$372.01M | $170.7M | $1.61B | -$368.87M | -$176.89M | $941.46M | -$117.69M | -$341.76M | $1.65B | -$32.77M | $325.6M | $65.34M | -$42.68M | $56.43M | -$104.94M |
| Forex Effect | $22.1M | $22.48M | -$16.89M | $39.79M | $62.08M | -$67.33M | $22.84M | $43.88M | -$110.16M | $39.67M | $125.05M | $79.95M | -$17.22M | -$5.16M | $27.38M | $21.67M | -$133K | -$385K | -$1.11M | -$1.18M | $2.8M |
| Net Change in Cash | -$43.48M | $503.91M | -$21.97M | -$2.38B | $2.35B | -$181.7M | -$326.62M | $164.84M | -$9.5M | -$277.02M | $70.91M | $414.55M | $263.54M | $148.58M | $112.98M | -$10.88M | $271.99M | $759K | -$23.72M | $4.51M | -$157K |
| Supplementary Data | |||||||||||||||||||||
| Operating Cash Flow | $1.13B | $1.01B | $244.78M | -$12.16M | $668.19M | $1.24B | $636.81M | $825.4M | $942.17M | $619.28M | $831.39M | $1.1B | $662.64M | $567.62M | $246.5M | $116.69M | $98.7M | $82.17M | $99.22M | $54.93M | $134.01M |
| Capital Expenditure | -$284.91M | -$415.67M | -$347.34M | -$420.36M | -$276.88M | -$313.58M | -$461.49M | -$344.43M | -$361.5M | -$327.61M | -$634.67M | -$321.28M | -$193.47M | -$185.95M | -$178.97M | -$115.74M | -$132.94M | $0 | $0 | $0 | $0 |
| Free Cash Flow | $840.75M | $594.13M | -$102.56M | -$432.53M | $391.31M | $929.22M | $175.31M | $480.97M | $580.66M | $291.68M | $196.73M | $774.43M | $469.17M | $381.67M | $67.53M | $951K | -$34.24M | $82.17M | $99.22M | $54.93M | $134.01M |
| Cash at Beginning | $966.51M | $592.76M | $614.73M | $2.99B | $648.8M | $830.5M | $1.16B | $992.28M | $1B | $1.28B | $1.21B | $793.33M | $529.79M | $381.22M | $268.24M | $279.12M | $7.13M | $6.37M | $30.09M | $25.58M | $25.74M |
| Cash at End | $923.03M | $1.1B | $592.76M | $613.35M | $2.99B | $648.8M | $830.5M | $1.16B | $992.28M | $1B | $1.28B | $1.21B | $793.33M | $529.79M | $381.22M | $268.24M | $279.12M | $7.13M | $6.37M | $30.09M | $25.58M |