H World Group Ltd (HTHT)
H World Group Limited, through its various subsidiaries, is actively engaged in the development and management of hotels primarily within the People's Republic of China. Its extensive operations cover a range of models, including leased, owned, manachised, and franchised properties. The company boasts a diverse collection of self-owned hotel brands, among them HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels. As of June 30, 2022, the group oversaw 8,176 hotels, providing a combined total of 773,898 rooms. Originally known as Huazhu Group Limited, the company officially rebranded to H World Group Limited in June 2022. Founded in 2005, its corporate headquarters are situated in Shanghai, People's Republic of China.
Sector: Hotels & Motels
Industry: Travel Lodging
H World Group Limited
NASDAQ:HTHTConsumer Cyclical · Travel Lodging
-0.17%$46.23
AH Close$46.23+0.00%vs close
AH Close$46.23+0.00%vs close
Mkt Cap$14.58B
Float315.4M
O/S315.41M
Inst Own49.4%
SI3.4%
Div Yield4.69%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.69B
Net Income$740.84M
Total Assets$9.72B
Free Cash Flow$1.1B
Debt & Equity
Debt 74%
Equity 26%
Total Debt$5.41B
Total Equity$1.92B
Shares Outstanding
Short Interest
Split History1 split
- 4:1Forward splitMay 25, 20181 share → 4
Balance Sheet Details
Assets$9.72B
Liabilities$7.77B
Accounts Receivable$162.32M
Accounts Payable$153.02M
Inventory$8.55M
PP&E (Net)$4.89B
Goodwill$814.28M
Intangible Assets$754.28M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $3.69B | $3.58B | $3.28B | $2.08B | $1.92B | $1.53B | $1.68B | $1.51B | $1.23B | $985.42M | $865.73M | $744.31M | $624.96M | $483.42M | $337.26M | $260.63M | $188.93M | $114.58M | $35.28M |
| YoY Growth | 3.0% | 9.2% | 57.9% | 8.4% | 25.4% | -9.1% | 11.4% | 22.3% | 25.2% | 13.8% | 16.3% | 19.1% | 29.3% | 43.3% | 29.4% | 38.0% | 64.9% | 224.8% | - |
| Cost of Revenue | $2.24B | $2.1B | $2.15B | $1.84B | $1.69B | $1.46B | $1.08B | $970.88M | $850.79M | $739.7M | $676.46M | $581.39M | $476.99M | $367.89M | $255.36M | $176.94M | $150.59M | $103.05M | $34.24M |
| Gross Profit | $1.45B | $1.48B | $1.13B | $240.17M | $225.03M | $70.01M | $602.98M | $537.76M | $382.89M | $245.72M | $189.27M | $162.92M | $147.97M | $115.53M | $81.9M | $83.7M | $38.34M | $11.53M | $1.04M |
| Gross Margin | 39.4% | 41.3% | 34.5% | 11.6% | 11.7% | 4.6% | 35.9% | 35.6% | 31.0% | 24.9% | 21.9% | 21.9% | 23.7% | 23.9% | 24.3% | 32.1% | 20.3% | 10.1% | 3.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $529.52M | $552.3M | $478.09M | $343.02M | $328.02M | $318.13M | $222.93M | $215.58M | $176.01M | $115.44M | $87.34M | $79.39M | $63.4M | $48M | $65.83M | $45.27M | $26.88M | $34.56M | $21.63M |
| Other | -$14.43M | $146.32M | -$54.27M | -$58.77M | -$127.58M | $4.65M | $64.02M | -$29.23M | -$6.9M | $4.2M | $11.81M | $25.15M | $27.52M | $34.58M | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $515.09M | $698.63M | $423.82M | $284.25M | $200.44M | $322.78M | $286.95M | $186.35M | $169.11M | $119.64M | $99.15M | $104.54M | $90.91M | $82.59M | $65.83M | $45.27M | $26.88M | $34.56M | $21.63M |
| Operating Income (EBIT) | $938.59M | $779.58M | $706.72M | -$44.08M | $24.59M | -$252.76M | $316.03M | $351.41M | $213.79M | $126.08M | $90.12M | $58.37M | $57.05M | $32.94M | $16.06M | $38.43M | $11.46M | -$23.04M | -$20.59M |
| Operating Margin | 25.4% | 21.8% | 21.5% | -2.1% | 1.3% | -16.5% | 18.8% | 23.3% | 17.3% | 12.8% | 10.4% | 7.8% | 9.1% | 6.8% | 4.8% | 14.7% | 6.1% | -20.1% | -58.4% |
| Interest Expense | $49.15M | $47.67M | $57.72M | $61.32M | $60.72M | $79.91M | $47.22M | $36.58M | $13.04M | $1.65M | $578K | $230K | $122K | $123K | $132K | $402K | $1.32M | $187K | $0 |
| Interest Income | $32.52M | $31.48M | $37.18M | $13.04M | $13.34M | $17.84M | $23.99M | $22.19M | $16.94M | $10.04M | $4M | $3.47M | $1.03M | $2.18M | $2.72M | $2.39M | $280K | $568K | $183K |
| Other Income (Expense) | $122.5M | -$65.36M | $93.1M | -$202.09M | -$94.75M | -$109.89M | $43.93M | -$142.57M | $23.84M | $31.78M | $5.21M | $3.92M | $1.2M | $2.09M | $5.37M | $3.41M | -$1.05M | -$421K | $946K |
| Income Before Tax (EBT) | $1.06B | $714.22M | $799.82M | -$246.17M | -$70.16M | -$362.66M | $359.96M | $208.84M | $237.62M | $157.87M | $95.34M | $62.29M | $58.25M | $35.03M | $21.43M | $41.84M | $10.41M | -$23.46M | -$19.64M |
| Income Tax Expense | $315.15M | $249.17M | $180.5M | $31.03M | $1.8M | -$50.27M | $95.95M | $85.3M | $53.52M | $41.83M | $29.46M | $16.96M | $15.71M | $8.12M | $3.72M | $8.58M | $2.7M | -$3.58M | -$2.59M |
| Net Income | $740.84M | $456.96M | $612.42M | -$271.8M | -$69.71M | -$310.68M | $265.21M | $107.34M | $184.1M | $117.24M | $65.45M | $46.08M | $41.96M | $26.22M | $17.22M | $32.35M | $6.38M | -$20.41M | -$16.73M |
| Net Income Margin | 20.1% | 12.8% | 18.7% | -13.1% | -3.6% | -20.3% | 15.8% | 7.1% | 14.9% | 11.9% | 7.6% | 6.2% | 6.7% | 5.4% | 5.1% | 12.4% | 3.4% | -17.8% | -47.4% |
| Supplementary Data | |||||||||||||||||||
| EPS | 16.10 | 9.80 | 12.80 | -5.80 | -1.50 | -7.50 | 6.20 | 2.40 | 4.40 | 2.80 | 1.70 | 1.20 | 1.10 | 0.72 | 0.47 | 1.10 | 0.74 | -2.50 | -2.90 |
| Diluted EPS | 15.20 | 9.60 | 12.50 | -5.90 | -1.50 | -7.50 | 5.80 | 2.40 | 4.20 | 2.80 | 1.70 | 1.20 | 1.10 | 0.71 | 0.47 | 0.92 | 0.23 | -2.50 | -2.90 |
| Weighted Average OS | 307.09M | 311.51M | 325.58M | 311.12M | 310.00M | 292.27M | 297.58M | 303.61M | 279.27M | 275.14M | 250.53M | 248.96M | 245.19M | 243.28M | 241.93M | 198.52M | 57.56M | 54.07M | 45.25M |
| EBITDA | $1.3B | $967.73M | $1.07B | $38.83M | $224.88M | -$57.57M | $580.34M | $379M | $370.75M | $262.81M | $195.5M | $147.8M | $127.8M | $87.26M | $57.07M | $67.96M | $33.55M | -$9.65M | -$14.71M |
| EBITDA Margin | 35.2% | 27.0% | 32.7% | 1.9% | 11.7% | -3.8% | 34.5% | 25.1% | 30.1% | 26.7% | 22.6% | 19.9% | 20.4% | 18.1% | 16.9% | 26.1% | 17.8% | -8.4% | -41.7% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | |||||||||||||||||||
| Current Assets | |||||||||||||||||||
| Cash and Cash Equivalents | $1.58B | $1.12B | $1.04B | $537.16M | $766.99M | $1.05B | $484.84M | $638.96M | $520.93M | $484.99M | $185.58M | $121.26M | $59.58M | $67.44M | $117.18M | $158.92M | $40.57M | $27.47M | $26.03M |
| Short-Term Investments | $734.17M | $540.16M | $328.17M | $268.06M | $388.14M | $585.14M | $435.97M | $13.34M | $19.48M | $0 | $75.92M | $3.99M | $0 | $1.21M | $0 | $14.99M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.31B | $1.66B | $1.37B | $805.22M | $1.16B | $1.64B | $920.81M | $652.3M | $540.4M | $484.99M | $261.5M | $125.25M | $59.58M | $68.65M | $117.18M | $173.92M | $40.57M | $27.47M | $26.03M |
| Accounts Receivable | $162.32M | $184.1M | $113.19M | $166.86M | $78.11M | $61.32M | $35.23M | $34.63M | $29.53M | $39.36M | $14.09M | $13.38M | $11.23M | $7.59M | $5.61M | $3.72M | $2.97M | $2.69M | $1.83M |
| Inventory | $8.55M | $9M | $8.85M | $10.49M | $13.19M | $13.34M | $8.55M | $6.15M | $3.6M | $3.24M | $3.68M | $4.48M | $5.1M | $5.69M | $4.68M | $2.74M | $1.33M | $3.4M | $1.43M |
| Other Current Assets | $130.51M | $127.43M | $315.88M | $373.3M | $153.07M | $173.31M | $1.77B | $209.29M | $191.22M | $31.4M | $85.67M | $38.51M | $25.85M | $19.35M | $14.31M | $8.9M | $7.16M | $4.49M | $6.99M |
| Total Current Assets | $2.62B | $1.98B | $1.81B | $1.38B | $1.43B | $1.93B | $2.74B | $1.05B | $863.71M | $625.87M | $429.34M | $239.37M | $156.27M | $149.46M | $175.98M | $212.11M | $62.46M | $49.46M | $42.26M |
| Long-Term Assets | |||||||||||||||||||
| Property, Plant & Equipment Net | $4.89B | $4.94B | $5.09B | $5.67B | $5.88B | $5.65B | $4.01B | $785.28M | $678.07M | $556.27M | $570.58M | $585.79M | $544.81M | $442.49M | $314.2M | $213.25M | $154.16M | $143.53M | $69.74M |
| Goodwill | $814.28M | $782.73M | $797.27M | $778.83M | $769.39M | $747.8M | $398.34M | $394.29M | $339.53M | $25.71M | $16.24M | $9.69M | $9.72M | $9.62M | $6.38M | $6.2M | $2.77M | $2.93M | $2.35M |
| Intangible Assets | $754.28M | $742.1M | $818.71M | $821.11M | $838.2M | $923.21M | $281.4M | $274.95M | $267.47M | $73.19M | $21.71M | $15.67M | $15.27M | $15.14M | $10.46M | $8.6M | $3.06M | $3.29M | $3.22M |
| Long-Term Investments | $231.47M | $347.21M | $384.39M | $291.59M | $294.59M | $288.3M | $289.19M | $922.31M | $354.11M | $159.56M | $53.46M | $34.33M | $13.57M | $4.22M | -$6.14M | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $173.57M | $158.02M | $156.37M | $163.86M | $129.23M | $189.8M | $82.16M | $75.71M | $48.82M | $26.45M | $18.06M | $12.51M | $10.11M | $8.24M | $6.14M | $4.22M | $5.43M | $7.59M | $2.49M |
| Other Long-Term Assets | $236.42M | $427.27M | $474.35M | $122.63M | $139.88M | $131.63M | $147.97M | $98.95M | $61.02M | $31.15M | $29.3M | $29.57M | $27.59M | $20.02M | $21.44M | $11.99M | $9.17M | $8.02M | $5.28M |
| Total Long-Term Assets | $7.1B | $7.4B | $7.72B | $7.85B | $8.05B | $7.93B | $5.21B | $2.55B | $1.75B | $872.33M | $709.35M | $687.57M | $621.07M | $499.72M | $352.48M | $244.26M | $174.58M | $165.36M | $83.08M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $9.72B | $9.38B | $9.52B | $9.22B | $9.49B | $9.86B | $7.94B | $3.6B | $2.61B | $1.5B | $1.15B | $926.94M | $777.34M | $649.18M | $528.46M | $456.37M | $237.04M | $214.83M | $125.34M |
| Liabilities | |||||||||||||||||||
| Current Liabilities | |||||||||||||||||||
| Accounts Payable | $153.02M | $147.37M | $152.77M | $175.56M | $145.12M | $186.05M | $176.31M | $133.43M | $114.84M | $87.66M | $87.76M | $96.05M | $101.54M | $93.67M | $62.61M | $42.46M | $21.22M | $27.41M | $12.56M |
| Short-Term Debt | $1.33B | $131.93M | $607.02M | $492.94M | $934.3M | $171.21M | $1.27B | $142.12M | $19.61M | $44.72M | $48.68M | $0 | $1.07M | $0 | $0 | $0 | $8.55M | $12.29M | $5.67M |
| Current Income Tax Payable | $0 | $167.01M | $134.78M | $74.96M | $62.67M | $50.82M | $34.63M | $39.73M | $32.72M | $22.8M | $15.41M | $8.94M | $3.91M | $3.47M | $2.12M | $2.27M | $580K | $769K | $451K |
| Current Unearned Revenue | $273.48M | $273.15M | $245.42M | $196.09M | $204.79M | $190.7M | $176.76M | $150.67M | $141.37M | $112.41M | $105.78M | $77.1M | $44.57M | $30.06M | $20.71M | $10.28M | $6.48M | $2.4M | $556K |
| Other Current Liabilities | $754.73M | $132.98M | $963.08M | $444.36M | $387.24M | $461.9M | $465.95M | $10.64M | $7.52M | $5.64M | $135.83M | $105K | -$1.04M | $0 | $0 | $8.64M | $0 | $5.06M | $3.27M |
| Total Current Liabilities | $2.87B | $2B | $2.61B | $1.97B | $2.29B | $1.58B | $2.59B | $894.87M | $565.35M | $444.67M | $418.42M | $257.98M | $210.31M | $173.1M | $118.94M | $86.11M | $54.8M | $70.21M | $35.14M |
| Long-Term Liabilities | |||||||||||||||||||
| Long-Term Debt | $71.86M | $681.53M | $189.65M | $994.72M | $507.48M | $1.61B | $1.21B | $1.32B | $737.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.99M | $4.12M | $0 |
| Long-Term Unearned Revenue | $240.32M | $202.54M | $160.71M | $124.13M | $117.69M | $99.25M | $83.81M | $68.66M | $25.75M | $25.03M | $27.11M | $23.3M | $17.81M | $14.96M | $60.19M | $42.86M | $30.93M | $23.14M | $7.42M |
| Long-Term Deferred Tax Liabilities | $178.07M | $137.78M | $126.68M | $128.63M | $127.88M | $273.45M | $73.61M | $71.21M | $63.28M | $14.44M | $220K | $105K | $3.91M | $3.35M | $1.9M | $1.79M | $980K | $1.04M | $830K |
| Other Long-Term Liabilities | $405.79M | $549.76M | $566.4M | $162.96M | $156.97M | $142.42M | $84.85M | $293.84M | $264.02M | $202.07M | $191.82M | $163.01M | $121.37M | $84.38M | $9.23M | $6.99M | $3.07M | $120.69M | $66.18M |
| Total Long-Term Liabilities | $4.9B | $5.54B | $5.08B | $5.93B | $5.54B | $6.57B | $4.23B | $1.75B | $1.09B | $241.54M | $219.16M | $186.41M | $143.09M | $102.69M | $71.32M | $51.64M | $46.97M | $149M | $74.43M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $7.77B | $7.54B | $7.69B | $7.9B | $7.83B | $8.15B | $6.82B | $2.65B | $1.64B | $686.21M | $637.57M | $444.39M | $353.4M | $275.8M | $190.26M | $137.74M | $101.78M | $219.21M | $109.57M |
| Stockholders' Equity | |||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $5K | $5K |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32K | $31K | $28K | $28K | $27K | $27K | $27K | $27K | $7K | $6K | $6K |
| Retained Earnings | $542.15M | $367.15M | $119.04M | -$179.9M | $155.47M | $225.18M | $554.85M | $391.29M | $376.75M | $271.68M | $151.05M | $127.02M | $80.94M | $38.98M | $12.76M | -$4.45M | -$36.8M | -$43.18M | -$22.76M |
| Comprehensive Income & Other | $29.85M | $57.27M | $57.87M | $34.78M | $6.15M | $19.04M | -$7.35M | -$6.3M | $25.18M | -$675K | $8.93M | -$1.8M | -$5.9M | -$5.76M | -$5.87M | -$3.4M | -$1.88M | -$1.87M | -$850K |
| Other Stockholders' Equity | $1.38B | $1.46B | $1.7B | $1.49B | $1.48B | $1.47B | $551.4M | $534.31M | $552.42M | $537.8M | $363.16M | $355.24M | $341.17M | $330.57M | $323.94M | $321.68M | $50.9M | $37.87M | $38.17M |
| Total Equity | $1.92B | $1.83B | $1.82B | $1.31B | $1.64B | $1.7B | $1.11B | $925.6M | $929.2M | $809.51M | $514.24M | $482.29M | $422.14M | $369.58M | $336.73M | $317.25M | $14.11M | -$5.3M | $15.41M |
| Minority Interest | $23.1M | $14.09M | $17.09M | $11.09M | $16.34M | $15.29M | $18.14M | $21.74M | $5.33M | $2.48M | $1.59M | $262K | $1.8M | $3.8M | $1.47M | $1.38M | $1.7M | $916K | $350K |
| Total Liabilities and Equity | $9.69B | $9.36B | $9.51B | $9.21B | $9.47B | $9.85B | $7.93B | $3.58B | $2.57B | $1.5B | $1.15B | $926.68M | $775.54M | $645.38M | $526.99M | $454.99M | $115.88M | $213.91M | $124.99M |
| Supplementary Data | |||||||||||||||||||
| Total Debt | $5.41B | $5.31B | $5.38B | $6.58B | $6.62B | $6.74B | $5.72B | $1.46B | $757.48M | $44.72M | $48.68M | $0 | $1.07M | $0 | $0 | $0 | $20.54M | $16.42M | $5.67M |
| Net Debt | $3.83B | $4.19B | $4.34B | $6.04B | $5.85B | $5.69B | $5.24B | $824.26M | $236.55M | -$440.27M | -$136.9M | -$121.26M | -$58.52M | -$67.44M | -$117.18M | -$158.92M | -$20.03M | -$11.06M | -$20.36M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | |||||||||||||||||||
| Net Income | $740.84M | $465.05M | $619.32M | -$277.2M | -$71.96M | -$330.42M | $264.01M | $108.99M | $185.4M | $119.41M | $65.87M | $45.33M | $42.53M | $26.91M | $17.71M | $33.25M | $7.71M | -$19.88M | -$17.05M |
| Depreciation & Amortization | $188.45M | $199.69M | $211.99M | $218.28M | $225.33M | $204.19M | $148.57M | $133.58M | $118.29M | $104.19M | $99.16M | $85.56M | $69.43M | $52.11M | $35.51M | $25.72M | $21.82M | $13.62M | $4.93M |
| Deferred Income Tax | $0 | $16.94M | $4.35M | -$40.18M | -$81.41M | -$82.91M | -$5.7M | -$13.64M | -$11.43M | $5.01M | -$7.52M | -$6.36M | -$3.39M | -$2.73M | -$5.35M | $1.38M | $1.19M | -$5.12M | -$2.96M |
| Stock-Based Compensation | $0 | $0 | $21.44M | $13.04M | $16.34M | $18.29M | $16.49M | $12.44M | $9.95M | $8.31M | $7.88M | $4.79M | $4.57M | $3.12M | $2.32M | $1.97M | $1.19M | $722K | $2.22M |
| Changes in Working Capital: | |||||||||||||||||||
| Accounts Receivable | $0 | -$14.44M | $44.38M | -$93.1M | -$16.94M | $5.25M | -$5.1M | -$5.4M | $631K | -$6.93M | -$862K | -$2.81M | -$4.24M | -$1.85M | -$1.97M | -$972K | -$427K | -$1.33M | $179K |
| Inventory | $0 | $0 | $0 | $3M | $300K | $48.72M | -$2.55M | -$2.1M | $415K | $588K | $892K | $619K | $606K | -$1.01M | -$1.92M | -$1.41M | $2.06M | -$1.92M | -$1.14M |
| Accounts Payable | $0 | $0 | $0 | $1.35M | $1.05M | $4.65M | -$150K | $1.65M | $1.22M | $8.86M | $2.13M | $2.7M | $540K | $508K | $515K | $521K | $638K | -$1.34M | -$795K |
| Other Working Capital | $303.34M | -$71.61M | -$146.02M | $113.64M | $1.8M | -$7.8M | $80.06M | $14.84M | $26M | $48.67M | $63.33M | $58.32M | $24.17M | $8.33M | $9.07M | -$750K | $4.27M | $594K | $454K |
| Total Working Capital Change | $303.34M | -$86.06M | -$101.65M | $24.89M | -$13.79M | $50.82M | $72.26M | $9M | $28.27M | $51.2M | $65.49M | $58.83M | $21.08M | $5.98M | $5.7M | -$2.61M | $6.54M | -$4M | -$1.3M |
| Other Non-Cash Items | -$10.68M | $545.99M | $395.04M | $295.64M | $126.68M | $231.33M | -$1.95M | $206.74M | $37.22M | $18.86M | $31.43M | $29.83M | $26.22M | $21.91M | $14.14M | $10.62M | $5.96M | $12.59M | $3.93M |
| Net Cash from Operating | $1.22B | $1.14B | $1.15B | $234.47M | $201.19M | $91.3M | $493.69M | $457.1M | $367.69M | $306.98M | $262.31M | $217.99M | $160.44M | $107.3M | $70.02M | $70.33M | $44.43M | -$2.06M | -$10.23M |
| Investing Activities | |||||||||||||||||||
| Capital Expenditures | -$122.21M | -$136.54M | -$135.08M | -$157.87M | -$251.12M | -$266.26M | -$230.13M | -$179.15M | -$124.04M | -$77.46M | -$97.3M | -$141.13M | -$161.45M | -$150.16M | -$117.45M | -$60.7M | -$39.7M | -$70.51M | -$38.95M |
| Acquisitions | $0 | $0 | $0 | -$8.55M | -$111.24M | -$758.59M | -$36.58M | -$73.16M | -$559.49M | $16.62M | -$2.12M | $365K | -$5.11M | -$4.51M | -$8.67M | -$1.45M | $0 | -$243K | -$303K |
| Purchases of Investments | -$1.2B | -$610.76M | -$526.07M | -$60.12M | -$78.11M | -$255.16M | -$49.32M | -$743.45M | -$213.38M | -$43.95M | -$88.98M | -$39.92M | -$8.21M | -$5.43M | -$4.5M | -$64.47M | $0 | $0 | $0 |
| Sales of Investments | $1.16B | $389.69M | $445.56M | $140.47M | $223.98M | $59.37M | $300.14M | $26.54M | $19.22M | $81.15M | $8.99M | $21.55M | -$643K | $49.47M | $19.49M | $49.47M | $0 | $0 | $0 |
| Other Investing Activities | $8.6M | $17.18M | -$5.85M | $7.8M | $6.3M | $6.15M | -$26.84M | $17.99M | -$129.21M | $51.19M | -$53.02M | -$265K | $2.67M | -$49.52M | $1M | -$116K | $1.31M | $3.06M | -$3.32M |
| Net Cash from Investing | -$151.96M | -$340.43M | -$221.4M | -$78.26M | -$210.19M | -$1.21B | -$42.73M | -$951.24M | -$1.01B | $27.55M | -$232.43M | -$159.39M | -$172.74M | -$160.13M | -$110.13M | -$77.26M | -$38.38M | -$67.7M | -$42.58M |
| Financing Activities | |||||||||||||||||||
| Debt Repaid | - | -$42.58M | $308.83M | $450.81M | $244.82M | $598.78M | -$961.88M | -$521.12M | -$735.66M | - | - | - | - | - | - | $20.54M | -$16.12M | -$4.42M | -$4.57M |
| Common Stock Issuance | $0 | $0 | $295.79M | $0 | $0 | $902.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $143.79M | $8.24M | $0 | $11.42M |
| Common Stock Repurchases | -$114.19M | -$175.71M | -$127.13M | -$50.07M | $0 | $0 | $0 | $0 | $0 | $0 | -$16.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$569.78M | -$529.11M | $0 | -$62.37M | $0 | -$101.65M | -$98.65M | -$750K | -$1.65M | -$41.38M | -$690K | -$803K | $0 | $0 | -$472K | -$345K | -$330K | -$151K | $0 |
| Other Financing Activities | -$5.98M | -$128.63M | $281.7M | $7.35M | $2.7M | -$69.41M | -$3.75M | $116.49M | $14.01M | $11.95M | $5.75M | $4.05M | $378K | $2.98M | $1.3M | $3.9M | -$4.97M | $21.14M | $12.29M |
| Net Cash from Financing | -$627.97M | -$836.85M | -$557.7M | -$208.99M | -$270.01M | $132.38M | $906.26M | $636.86M | $680.05M | -$37.11M | $34.82M | $3.25M | $4.59M | $2.98M | $826K | $126.81M | $7.06M | $72.33M | $74.86M |
| Forex Effect | $57.33M | -$27.42M | $6.24M | $44.53M | -$13.19M | -$44.98M | $9.3M | -$3.6M | -$4.91M | $1.99M | -$393K | -$162K | -$146K | $114K | -$2.47M | -$1.53M | -$5K | -$1.13M | -$1M |
| Net Change in Cash | $499.35M | -$61.63M | $377.55M | -$8.25M | -$292.19M | -$1.04B | $1.37B | $139.13M | $35.94M | $299.41M | $64.31M | $61.68M | -$7.86M | -$49.74M | -$41.75M | $118.36M | $13.09M | $1.44M | $21.04M |
| Supplementary Data | |||||||||||||||||||
| Operating Cash Flow | $1.22B | $1.14B | $1.15B | $234.47M | $201.19M | $91.3M | $493.69M | $457.1M | $367.69M | $306.98M | $262.31M | $217.99M | $160.44M | $107.3M | $70.02M | $70.33M | $44.43M | -$2.06M | -$10.23M |
| Capital Expenditure | -$122.21M | -$134.25M | -$135.08M | -$157.87M | -$251.12M | -$266.26M | -$230.13M | -$179.15M | -$124.04M | -$77.46M | -$97.3M | -$141.13M | -$161.45M | -$150.16M | -$117.45M | -$60.7M | -$39.7M | -$70.51M | -$38.95M |
| Free Cash Flow | $1.1B | $1.01B | $1.02B | $76.61M | -$49.92M | -$174.96M | $263.56M | $277.95M | $243.65M | $229.52M | $165.01M | $76.86M | -$1.01M | -$42.86M | -$47.43M | $9.63M | $4.73M | -$72.57M | -$49.19M |
| Cash at Beginning | $1.08B | $1.19B | $777.01M | $770.74M | $1.06B | $2.1B | $732.21M | $593.08M | $484.99M | $185.58M | $121.26M | $59.58M | $67.44M | $117.18M | $158.92M | $40.57M | $27.47M | $26.03M | $4.99M |
| Cash at End | $1.58B | $1.13B | $1.15B | $762.49M | $770.74M | $1.06B | $2.1B | $732.21M | $520.93M | $484.99M | $185.58M | $121.26M | $59.58M | $67.44M | $117.18M | $158.92M | $40.57M | $27.47M | $26.03M |