Star Bulk Carriers Corp. (SBLK)
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes through the ownership and operation of dry bulk carrier vessels worldwide. Its vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2025, the company owned a fleet of 136 dry bulk vessels consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels with carrying capacities between 55,569 deadweight tonnage and 209,537 deadweight tonnage. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.
Sector: Deep Sea Foreign Transportation of Freight
Industry: Marine Shipping
Star Bulk Carriers Corp.
NASDAQ:SBLKIndustrials · Marine Shipping
AHAfter hours+0.00%$27.20
Prev close$27.30-0.37%Close$27.200.00%Now$27.20
Close$27.20-0.37%
Mkt Cap$3.16B
Float80.64M
O/S116.07M
VOL1.15M sh
$ Vol$31.35M
RVOL0.86×
Inst Own35.1%
SI4.6%
EarningsNov 18 · in 2w
Div Yield6.94%
Dilution
Financials Summary
Revenue$1.04B
Net Income$84.17M
Total Assets$3.81B
Free Cash Flow$211.95M
Debt & Equity
Debt 33%
Equity 67%
Total Debt$1.23B
Total Equity$2.45B
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse · 1 stock dividend or distribution not shown
- 1:5Reverse splitJun 20, 20165 shares → 1
- 1:15Reverse splitOct 15, 201215 shares → 1
Balance Sheet Details
Assets$3.81B
Liabilities$1.36B
Accounts Receivable$96.41M
Accounts Payable$49.46M
Inventory$51.48M
PP&E (Net)$2.96B
Goodwill$0
Intangible Assets$0
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 | $1.04B | $1.27B | $949.27M | $1.44B | $1.43B | $693.24M | $821.37M | $651.56M | $331.98M | $222.11M | $234.29M | $147.39M | $69.89M | $86.16M | $109.43M | $121.04M | $142.35M | $238.88M | $3.63M | $0 | $0 |
| YoY Growth | -17.6% | 33.3% | -33.9% | 0.7% | 105.9% | -15.6% | 26.1% | 96.3% | 49.5% | -5.2% | 59.0% | 110.9% | -18.9% | -21.3% | -9.6% | -15.0% | -40.4% | 6475.4% | - | - | - |
| Cost of Revenue | $808.12M | $682.82M | $554.52M | $616.45M | $497.18M | $450.48M | $582.69M | $362.15M | $180.68M | $177.59M | $206.37M | $99.6M | $37.16M | $86.14M | $103.42M | $92.86M | $51.66M | $90M | $788K | $0 | $0 |
| Gross Profit | $234.38M | $582.64M | $394.75M | $820.71M | $930.25M | $242.76M | $238.67M | $289.41M | $151.3M | $44.52M | $27.92M | $47.79M | $32.74M | $24K | $6.01M | $28.18M | $90.69M | $148.88M | $2.85M | $0 | $0 |
| Gross Margin | 22.5% | 46.0% | 41.6% | 57.1% | 65.2% | 35.0% | 29.1% | 44.4% | 45.6% | 20.0% | 11.9% | 32.4% | 46.8% | 0.0% | 5.5% | 23.3% | 63.7% | 62.3% | 78.3% | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $93.72M | $71.09M | $54.71M | $57.5M | $40.13M | $32.25M | $36.43M | $34.69M | $30.95M | $24.3M | $23.62M | $21.74M | $9.91M | $9.32M | $12.51M | $15.4M | $9.51M | $13.79M | $7.76M | $596K | $50K |
| Other | $0 | $128.55M | $101.58M | $155.61M | $150.71M | $126.52M | $128.55M | $122.78M | $81.5M | $129.47M | $429.87M | $27.48M | $14.48M | $95K | $3.08M | $2.13M | $58.3M | -$1.37M | $645K | $615K | $0 |
| Total Operating Expenses | $93.72M | $199.64M | $156.29M | $213.11M | $190.84M | $158.78M | $164.97M | $157.47M | $112.46M | $153.77M | $453.49M | $49.22M | $24.39M | $9.41M | $15.59M | $17.54M | $67.81M | $12.42M | $8.4M | $1.21M | $50K |
| Operating Income (EBIT) | $140.66M | $383M | $238.46M | $607.6M | $739.4M | $83.99M | $73.7M | $131.94M | $38.84M | -$109.25M | -$425.57M | -$1.43M | $8.34M | -$9.37M | -$9.58M | $10.64M | $22.88M | $136.46M | -$5.56M | -$1.21M | -$50K |
| Operating Margin | 13.5% | 30.3% | 25.1% | 42.3% | 51.8% | 12.1% | 9.0% | 20.2% | 11.7% | -49.2% | -181.6% | -1.0% | 11.9% | -10.9% | -8.8% | 8.8% | 16.1% | 57.1% | -152.9% | - | - |
| Interest Expense | $71.22M | $97.39M | $87.86M | $62.62M | $56.04M | $69.56M | $87.62M | $73.72M | $49.61M | $45.01M | $29.66M | $9.57M | $6.81M | $7.84M | $5.23M | $5.92M | $9.91M | $10.24M | $45K | -$4.16M | -$184K |
| Interest Income | $0 | $21.94M | $31.77M | $17.09M | $315K | $267K | $1.3M | $1.87M | $3M | $876K | $1.09M | $629K | $230K | $246K | $744K | $525K | $806K | $1.2M | $9.02M | $4.4M | $184K |
| Other Income (Expense) | -$56.48M | -$78.46M | -$64.72M | -$41.35M | -$58.86M | -$74.18M | -$89.79M | -$73.48M | -$48.38M | -$44.71M | -$32.6M | -$10.29M | -$6.49M | -$305.15M | -$59.98M | $0 | -$81.29M | -$2.72M | $8.98M | $4.4M | $183K |
| Income Before Tax (EBT) | $84.17M | $304.54M | $173.74M | $566.24M | $680.55M | $9.81M | -$16.09M | $58.46M | -$9.54M | -$153.96M | -$458.18M | -$11.72M | $1.85M | -$314.52M | -$69.56M | -$5.13M | -$58.41M | $133.74M | $3.42M | $3.19M | $133K |
| Income Tax Expense | $0 | -$116K | $183K | $244K | $16K | $152K | $109K | $61K | $236K | $267K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9K | $207K | $23K |
| Net Income | $84.17M | $304.65M | $173.56M | $566M | $680.53M | $9.66M | -$16.2M | $58.4M | -$9.77M | -$154.23M | -$458.18M | -$11.72M | $1.85M | -$314.52M | -$69.56M | -$5.13M | -$58.41M | $133.74M | $3.41M | $2.98M | $110K |
| Net Income Margin | 8.1% | 24.1% | 18.3% | 39.4% | 47.7% | 1.4% | -2.0% | 9.0% | -2.9% | -69.4% | -195.6% | -8.0% | 2.6% | -365.0% | -63.6% | -4.2% | -41.0% | 56.0% | 93.9% | - | - |
| Supplementary Data | |||||||||||||||||||||
| EPS | 0.73 | 2.80 | 1.75 | 5.54 | 6.73 | 0.10 | -0.17 | 0.76 | -0.16 | -3.24 | -11.71 | -1.00 | 0.65 | -291.59 | -73.50 | -6.00 | -72.00 | 191.13 | 8.51 | 7.50 | 0.01 |
| Diluted EPS | 0.73 | 2.80 | 1.75 | 5.52 | 6.71 | 0.10 | -0.17 | 0.76 | -0.16 | -3.24 | -11.71 | -1.00 | 0.65 | -291.60 | -73.50 | -6.00 | -72.00 | 184.22 | 6.95 | 7.50 | 0.01 |
| Weighted Average OS | 115.00M | 108.70M | 98.93M | 102.54M | 101.42M | 96.28M | 93.74M | 77.06M | 61.07M | 47.57M | 39.12M | 11.69M | 2.82M | 1.08M | 947,297 | 614,891 | 811,649 | 699,709 | 400,880 | 397,090 | 13.57M |
| EBITDA | $323.68M | $504.86M | $334.84M | $765.78M | $887.38M | $210.13M | $202.47M | $253.02M | $117.57M | $17.27M | $10.16M | $30.88M | $28.46M | $30.05M | $40.65M | $57.58M | $84.2M | $195.03M | $4.21M | $3.19M | -$50K |
| EBITDA Margin | 31.0% | 39.9% | 35.3% | 53.3% | 62.2% | 30.3% | 24.7% | 38.8% | 35.4% | 7.8% | 4.3% | 21.0% | 40.7% | 34.9% | 37.1% | 47.6% | 59.1% | 81.6% | 115.9% | - | - |
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 | $500.32M | $425.07M | $227.48M | $284.32M | $450.29M | $183.21M | $117.82M | $204.92M | $257.91M | $181.76M | $208.06M | $86M | $53.55M | $12.95M | $19.23M | $14.37M | $48.49M | $31.99M | $18.98M | $2.12M | $593K |
| Short-Term Investments | $1.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $192.92M | $188.86M |
| Cash and Short-Term Investments | $500.32M | $425.07M | $227.48M | $284.32M | $450.29M | $183.21M | $117.82M | $204.92M | $257.91M | $181.76M | $208.06M | $86M | $53.55M | $12.95M | $19.23M | $14.37M | $48.49M | $31.99M | $18.98M | $195.03M | $189.45M |
| Accounts Receivable | $96.41M | $98.33M | $87.98M | $84.44M | $119.38M | $38.9M | $60.27M | $40.01M | $18.57M | $14.92M | $12.1M | $24.77M | $3.77M | $12.07M | $8.3M | $4.73M | $8.1M | $8.36M | $0 | $0 | $0 |
| Inventory | $51.48M | $78.59M | $62.36M | $67.16M | $75.08M | $47.29M | $51.15M | $27.44M | $19.34M | $14.53M | $14.25M | $14.37M | $1.73M | $3.61M | $3.87M | $1.09M | $982K | $1.28M | $598K | $0 | $0 |
| Other Current Assets | $35.14M | $57.14M | $76.57M | $40.5M | $9.52M | $20.32M | $19.05M | $19.97M | $12.59M | $11.61M | $9.05M | $4.94M | $3.42M | $3.45M | -$2.77M | $397K | $128K | -$28K | $0 | $0 | $0 |
| Total Current Assets | $683.35M | $658.97M | $454.4M | $502.09M | $682.92M | $307.41M | $266.04M | $298.84M | $312.63M | $228.47M | $252.06M | $134.43M | $63.68M | $37.96M | $32.09M | $23.92M | $60.83M | $42.27M | $19.88M | $195.18M | $189.57M |
| Long-Term Assets | |||||||||||||||||||||
| Property, Plant & Equipment Net | $2.96B | $3.42B | $2.57B | $2.88B | $3.06B | $2.88B | $2.97B | $2.66B | $1.78B | $1.71B | $1.76B | $1.44B | $326.67M | $291.21M | $638.53M | $654.29M | $668.7M | $821.28M | $381.19M | $3K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $254K | $11.91M | $7.98M | $14.33M | $20.7M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $2.44M | $1.73M | $1.74M | $12.36M | $1.57M | $1.32M | $1.16M | $1.11M | $1.06M | $970K | $844K | $634K | $91K | $9.57M | $25.52M | $24.02M | $29.92M | $12.01M | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $127.91M | $454.61M | -$91K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9K |
| Other Long-Term Assets | $157.38M | $5.28M | $4.55M | $37.62M | $8.93M | $5.94M | $4.72M | $66.08M | $56.99M | $75.06M | $26.27M | $18.65M | $69.76M | $1.64M | $1.78M | $1.02M | $1.2M | $15.81M | $2.67M | $0 | $0 |
| Total Long-Term Assets | $3.12B | $3.43B | $2.57B | $2.93B | $3.07B | $2.88B | $2.97B | $2.72B | $1.83B | $1.78B | $1.91B | $1.93B | $404.41M | $316.74M | $686.53M | $679.33M | $699.81M | $849.1M | $383.86M | $3K | $9K |
| 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 | $3.81B | $4.09B | $3.03B | $3.43B | $3.75B | $3.19B | $3.24B | $3.02B | $2.15B | $2.01B | $2.16B | $2.06B | $468.09M | $354.71M | $718.62M | $703.25M | $760.64M | $891.38M | $403.74M | $195.19M | $189.58M |
| Liabilities | |||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||
| Accounts Payable | $49.46M | $51.59M | $39.32M | $32.14M | $21.84M | $32.85M | $42.78M | $20.96M | $9.94M | $5.2M | $9.44M | $18.49M | $6.64M | $8.26M | $8.5M | $3.23M | $3.98M | $1.03M | $648K | $199K | $345K |
| Short-Term Debt | $226.14M | $221.15M | $249.13M | $166.59M | $156.7M | $144.9M | $150.35M | $101.01M | $173.96M | $2.55M | $133.07M | $96.48M | $18.29M | $28.77M | $34.67M | $33.78M | $59.67M | $49.25M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $71K | $250K | $60K | $134K | $0 | $232K | $238K | $267K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $207K | $0 |
| Current Unearned Revenue | $20.36M | $17.3M | $16.74M | $16.68M | $24.96M | $11.68M | $7.37M | $10.86M | $7.23M | $2.06M | $2.46M | $3.6M | $750K | $1.74M | $4.54M | $3.69M | $4.81M | $3.55M | $916K | $0 | $0 |
| Other Current Liabilities | $2M | $2M | $5.78M | $8.1M | $35.38M | $30.56M | $1.72M | $1.8M | $625K | $0 | $0 | $5.72M | $0 | $0 | $82K | $0 | $0 | $0 | $0 | $6.16M | $4M |
| Total Current Liabilities | $383.68M | $399.81M | $359.36M | $282.56M | $290.8M | $266.43M | $310.93M | $222.72M | $219.27M | $28.12M | $166.95M | $140.2M | $29.73M | $42.45M | $52.15M | $43.23M | $71.09M | $57.29M | $3.06M | $6.97M | $4.34M |
| Long-Term Liabilities | |||||||||||||||||||||
| Long-Term Debt | $833.53M | $1.04B | $970.04M | $928M | $932.55M | $990.2M | $1.01B | $734.23M | $623.14M | $793.27M | $771.08M | $765.31M | $172.05M | $195.35M | $231.47M | $171.04M | $187.57M | $247.25M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $51K | $126K | $0 | $0 | $0 | $0 | $203K | $847K | $5.07M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$51K | -$126K | $0 | $0 | $0 | $0 | -$203K | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $651K | $850K | $1M | $831K | $1.06M | $4.6M | $3.24M | $4.22M | $560K | $468K | $431K | $2.28M | $200K | $162K | $95K | $516K | $1.87M | $21.63M | $25.31M | $64.68M | $64.66M |
| Total Long-Term Liabilities | $972.45M | $1.2B | $1.01B | $1.13B | $1.38B | $1.38B | $1.38B | $1.28B | $838.44M | $946.35M | $846.54M | $767.58M | $172.25M | $195.51M | $231.56M | $171.76M | $190.29M | $273.95M | $25.31M | $64.68M | $64.66M |
| 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 | $1.36B | $1.6B | $1.37B | $1.41B | $1.67B | $1.64B | $1.69B | $1.5B | $1.06B | $974.47M | $1.01B | $907.78M | $201.98M | $237.96M | $283.71M | $215M | $261.38M | $331.24M | $28.36M | $71.65M | $69.01M |
| Stockholders' Equity | |||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $692K | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.13M | $1.14M | $840K | $1.03M | $1.02M | $971K | $961K | $926K | $642K | $566K | $2.19M | $1.09M | $291K | $54K | $54K | $634K | $611K | $584K | $425K | $3K | $3K |
| Retained Earnings | -$555.78M | -$605.57M | -$633.22M | -$648.72M | -$546.26M | -$996.31M | -$1B | -$980.16M | -$1.04B | -$1.03B | -$872.3M | -$414.13M | -$402.4M | -$404.25M | -$86.1M | -$2.15M | $15.36M | $79.96M | $6.5M | $3.09M | $110K |
| Comprehensive Income & Other | $321K | $2.3M | $5.39M | $20.96M | $6.93M | -$3.99M | $0 | $0 | $605K | -$294K | -$1.22M | -$378K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $3B | $3.09B | $2.29B | $2.67B | $2.63B | $2.54B | $2.54B | $2.5B | $2.12B | $2.06B | $2.01B | $1.57B | $668.22M | $520.95M | $520.95M | $489.77M | $483.28M | $479.59M | $368.45M | $120.44M | $120.46M |
| Total Equity | $2.45B | $2.48B | $1.66B | $2.02B | $2.08B | $1.55B | $1.54B | $1.52B | $1.09B | $1.04B | $1.14B | $1.15B | $266.11M | $116.75M | $434.9M | $488.25M | $499.26M | $560.14M | $375.38M | $123.53M | $120.57M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.81B | $4.09B | $3.03B | $3.43B | $3.75B | $3.19B | $3.24B | $3.02B | $2.15B | $2.01B | $2.15B | $2.06B | $468.09M | $354.71M | $718.62M | $703.25M | $760.64M | $891.38M | $403.74M | $195.19M | $189.58M |
| Supplementary Data | |||||||||||||||||||||
| Total Debt | $1.23B | $1.46B | $1.26B | $1.32B | $1.59B | $1.56B | $1.58B | $1.44B | $1.03B | $951.32M | $983.67M | $861.79M | $190.33M | $224.11M | $266.14M | $204.83M | $247.25M | $296.5M | $0 | $0 | $0 |
| Net Debt | $728.97M | $1.03B | $1.04B | $1.04B | $1.14B | $1.38B | $1.47B | $1.24B | $769.27M | $769.57M | $775.61M | $775.79M | $136.79M | $211.16M | $246.91M | $190.46M | $198.75M | $264.51M | -$18.98M | -$2.12M | -$593K |
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 | $84.17M | $304.65M | $173.56M | $566M | $680.53M | $9.66M | -$16.2M | $58.4M | -$9.77M | -$154.23M | -$458.18M | -$11.72M | $1.85M | -$314.52M | -$69.56M | -$5.13M | -$58.41M | $133.74M | $3.41M | $2.98M | $110K |
| Depreciation & Amortization | $168.28M | $164.06M | $138.43M | $156.73M | $152.64M | $142.29M | $124.28M | $102.85M | $82.62M | $81.94M | $91.61M | $43.26M | $22.41M | $39.41M | $50.22M | $46.94M | $58.3M | $51.05M | $745K | $408 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $2.26M | $3.97M | $14.23M | $19.34M | -$3.29M | $267K | $343.21M | -$9.84M | -$4K | $306.33M | $64.31M | $33.66M | $69.94M | $9K | $0 | $9K | $0 |
| Stock-Based Compensation | $17.8M | $18.33M | $20.88M | $28.48M | $10.34M | $4.62M | $7.94M | $8.07M | $9.27M | $4.17M | $2.68M | $5.83M | $1.49M | $1.55M | $1.36M | $6.51M | $1.83M | $3.99M | $184K | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||
| Accounts Receivable | -$165K | $33.51M | $7.91M | -$3.65M | -$43.6M | $20.32M | -$20.38M | -$22.27M | -$5.95M | -$1.68M | $13.88M | -$16.06M | $2.77M | -$1.21M | -$3.25M | -$1.33M | -$2.07M | -$3.38M | $522K | $0 | $0 |
| Inventory | $25.64M | $1.93M | -$5.85M | -$9.41M | -$27.78M | $3.86M | -$23.72M | -$8.09M | -$4.81M | -$184K | $121K | -$5.41M | $1.89M | $254K | -$2.77M | -$112K | $294K | -$678K | -$598K | $0 | $0 |
| Accounts Payable | $6.69M | -$6.62M | $7.31M | $11.56M | -$8.04M | -$3.05M | $3.63M | $10.29M | $4.71M | -$4.24M | -$5.28M | $2M | -$1.63M | -$237K | $5.27M | -$744K | -$31K | $93K | -$31K | $429K | $174K |
| Other Working Capital | -$47.54M | -$28.47M | -$4.52M | -$7M | -$4.18M | -$15.87M | -$2.59M | -$819K | $5.9M | -$3.88M | -$7.48M | $5.61M | -$809K | -$12.33M | $1.77M | $5.74M | -$3.95M | $2.79M | -$263K | -$1.72M | -$311K |
| Total Working Capital Change | -$15.37M | $354K | $4.85M | -$8.5M | -$83.61M | $5.26M | -$43.07M | -$20.89M | -$154K | -$9.98M | $1.24M | -$13.86M | $2.22M | -$13.52M | $1.01M | $3.55M | -$5.76M | -$1.18M | -$370K | -$1.29M | -$137K |
| Other Non-Cash Items | $41.06M | -$16.24M | -$1.93M | $27.18M | $4.91M | $4.75M | $1.34M | $1.23M | $2.3M | $44.39M | $4.86M | -$851K | -$470K | -$243K | $3.25M | $2.42M | -$26K | -$76.86M | -$3.6M | $0 | $0 |
| Net Cash from Operating | $295.94M | $471.15M | $335.78M | $769.9M | $767.07M | $170.55M | $88.53M | $169.01M | $80.97M | -$33.45M | -$14.58M | $12.82M | $27.5M | $19M | $50.6M | $87.95M | $65.88M | $110.75M | $370K | $1.7M | -$27K |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | -$83.99M | -$55.09M | -$18.09M | -$25.4M | -$130.15M | -$72.06M | -$347.14M | -$328.63M | -$143.68M | -$396.15M | -$473.92M | -$523.3M | -$127.81M | -$91K | $0 | -$44.09M | -$49K | -$413.46M | -$179.15M | -$4K | $0 |
| Acquisitions | $174.4M | $104.33M | $250.97M | $0 | $0 | $0 | $56.63M | $0 | $15.15M | -$16M | -$404M | $96.27M | -$120M | $8M | -$119M | -$67M | $19M | -$14.42M | -$85M | $0 | $0 |
| Purchases of Investments | -$1.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7.04M | -$4.53M | -$200K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $463K | $7.25M | $4.5M | -$100.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $12.16M | $306.95M | $2.64M | $4.53M | $8.88M | $5.72M | $10.67M | $3.31M | $1.22M | $398.73M | $480.41M | $90.18M | $139.7M | $17.58M | -$3.34M | $50.94M | -$20.38M | $4.57M | $277.11M | $0 | -$188.68M |
| Net Cash from Investing | $101.16M | $356.18M | $235.52M | -$20.87M | -$121.26M | -$66.33M | -$279.84M | -$325.33M | -$126.85M | -$13.22M | -$397.53M | -$437.07M | -$108.12M | $25.49M | -$122.34M | -$60.15M | -$1.43M | -$423.31M | $12.96M | -$4K | -$188.68M |
| Financing Activities | |||||||||||||||||||||
| Debt Repaid | $201.63M | $342.01M | $51.16M | $261.02M | $122.53M | $21.12M | -$144.39M | -$112.94M | -$74.52M | $29.44M | -$129.46M | -$463.22M | $23.3M | $42.03M | -$61.31M | $42.42M | $49.25M | -$294.88M | - | - | - |
| Common Stock Issuance | $0 | $0 | $13.16M | $19.79M | $0 | $0 | $0 | $0 | $50.43M | $50.59M | $418.77M | $0 | $150.91M | $0 | $28.79M | $0 | $0 | $0 | $7.53M | -$170K | $200.03M |
| Common Stock Repurchases | -$98.13M | -$25.3M | -$393.11M | -$20.07M | -$10.28M | $0 | -$20.52M | -$3.15M | $0 | $0 | $0 | $0 | $0 | -$861K | $0 | $0 | $0 | -$13.45M | $0 | $0 | $0 |
| Dividends Paid | -$34.38M | -$277.01M | -$158.05M | -$668.7M | -$230.24M | -$4.8M | -$4.8M | $0 | $0 | $0 | $0 | $0 | $0 | -$3.63M | -$14.39M | -$12.38M | -$6.18M | -$52.61M | $0 | $0 | $0 |
| Other Financing Activities | -$1.9M | -$3.88M | -$6.59M | $13.84M | -$5.02M | -$9.03M | -$15.37M | -$13.1M | -$2.91M | -$785K | -$14.07M | -$6.51M | -$5.15M | -$91K | -$1.73M | -$310K | $1.66M | $94.24M | -$4M | -$585 | -$10.73M |
| Net Cash from Financing | -$336.04M | -$648.2M | -$595.89M | -$935.95M | -$368.07M | -$34.95M | $103.7M | $96.69M | $122.03M | $20.37M | $534.17M | $456.71M | $111.97M | -$46.61M | $73.98M | -$55.12M | -$53.78M | $323.05M | $3.53M | -$171K | $189.3M |
| Forex Effect | $2.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $64.03M | $179.13M | -$24.59M | -$186.93M | $277.74M | $69.27M | -$87.61M | -$59.62M | $76.15M | -$26.3M | $122.06M | $32.45M | $31.35M | -$2.12M | $2.25M | -$27.32M | $10.67M | $10.49M | $16.87M | $1.52M | $593K |
| Supplementary Data | |||||||||||||||||||||
| Operating Cash Flow | $295.94M | $471.15M | $335.78M | $769.9M | $767.07M | $170.55M | $88.53M | $169.01M | $80.97M | -$33.45M | -$14.58M | $12.82M | $27.5M | $19M | $50.6M | $87.95M | $65.88M | $110.75M | $370K | $1.7M | -$27K |
| Capital Expenditure | -$83.99M | -$55.09M | -$18.09M | -$25.4M | -$130.15M | -$72.06M | -$347.14M | -$328.63M | -$143.68M | -$396.15M | -$473.92M | -$523.3M | -$127.81M | -$91K | -$96.39M | -$44.09M | -$49K | -$413.46M | -$179.15M | -$4K | $0 |
| Free Cash Flow | $211.95M | $416.06M | $317.69M | $744.5M | $636.92M | $98.49M | -$258.62M | -$159.63M | -$62.71M | -$429.6M | -$488.5M | -$510.48M | -$100.32M | $18.91M | -$45.78M | $43.86M | $65.83M | -$302.71M | -$178.78M | $1.7M | -$27K |
| Cash at Beginning | $436.28M | $261.75M | $284.32M | $473.27M | $195.53M | $126.26M | $213.88M | $273.5M | $181.76M | $208.06M | $86M | $53.55M | $12.95M | $15.07M | $19.23M | $40.14M | $37.83M | $18.98M | $2.12M | $593K | $0 |
| Cash at End | $500.32M | $440.88M | $259.73M | $286.34M | $473.27M | $195.53M | $126.26M | $213.88M | $257.91M | $181.76M | $208.06M | $86M | $44.3M | $12.95M | $21.48M | $12.82M | $48.49M | $29.48M | $18.98M | $2.12M | $593K |