Warner Bros. Discovery, Inc. (WBD)
Warner Bros. Discovery, Inc. operates as a prominent global media and entertainment conglomerate. Its operations are structured across three key divisions: Studios, Network, and Direct-to-Consumer (DTC). The Studios segment is responsible for the creation and theatrical release of feature films. It also develops and licenses television programming, serving both its internal network infrastructure and external partners, including direct-to-consumer platforms. Further, this segment manages the distribution of its film and television catalog to various third-party outlets and its proprietary television channels. Additionally, it encompasses streaming services, home entertainment distribution, licensing for themed attractions, and the creation of interactive games. The Network division oversees a comprehensive portfolio of television channels, both domestically and internationally. Its Direct-to-Consumer (DTC) segment focuses on delivering premium subscription television and streaming content directly to consumers. Beyond its operational structure, Warner Bros. Discovery commands an extensive intellectual property portfolio. This encompasses a vast array of iconic content, brands, and franchises spanning television, film, streaming, and gaming. Noteworthy examples include properties from the Warner Bros. Motion Picture Group and Television Group, DC, HBO, Max, Discovery Channel, CNN, HGTV, Food Network, TNT Sports, TBS, TLC, OWN, Warner Bros. Games, as well as beloved sagas like Batman, Superman, Wonder Woman, Harry Potter, Looney Tunes, Hanna-Barbera, Game of Thrones, and The Lord of the Rings. The company distributes its content through a multitude of channels, ranging from traditional linear, free-to-air, and broadcast television to authenticated digital applications, various digital distribution partnerships, content licensing agreements, and proprietary direct-to-consumer subscription offerings. Established in 2008, Warner Bros. Discovery, Inc. maintains its corporate headquarters in New York City.
Sector: Cable & Other Pay Television Services
Industry: Entertainment
Warner Bros. Discovery, Inc.
NASDAQ:WBDCommunication Services · Entertainment
+0.03%$30.95
Mkt Cap$77.71B
Float2.51B
O/S2.51B
Inst Own77.6%
SI2.3%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$37.3B
Net Income$727M
Total Assets$100.08B
Free Cash Flow$3.09B
Debt & Equity
Debt 48%
Equity 52%
Total Debt$32.57B
Total Equity$35.92B
Shares Outstanding
Short Interest
Split History2 splits
- 2:1Forward splitAug 7, 20141 share → 2
- 4:1Forward splitNov 17, 20091 share → 4
Balance Sheet Details
Assets$100.08B
Liabilities$62.92B
Accounts Receivable$5.29B
Accounts Payable$1.09B
Inventory$0
PP&E (Net)$6.68B
Goodwill$25.93B
Intangible Assets$27.76B
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 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | 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 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Revenue | $37.3B | $39.32B | $41.32B | $33.82B | $12.19B | $10.67B | $11.14B | $10.55B | $6.87B | $6.5B | $6.39B | $6.26B | $5.54B | $4.49B | $4.17B | $3.71B | $3.46B | $3.44B | $76M | $688M | $694.51M | $631.22M | $506.1M | $539.33M | $592.73M | $295.72M |
| YoY Growth | -5.1% | -4.8% | 22.2% | 177.4% | 14.2% | -4.2% | 5.6% | 53.5% | 5.8% | 1.6% | 2.1% | 13.2% | 23.4% | 7.7% | 12.5% | 7.2% | 0.4% | 4430.3% | -89.0% | -0.9% | 10.0% | 24.7% | -6.2% | -9.0% | 100.4% | - |
| Cost of Revenue | $20.89B | $22.97B | $24.53B | $20.44B | $4.62B | $3.86B | $3.82B | $3.94B | $2.66B | $2.43B | $2.34B | $2.12B | $1.69B | $1.22B | $1.18B | $1.01B | $1.04B | $1.02B | $60M | $454M | $445.84M | $380.29M | $301M | $0 | $0 | $0 |
| Gross Profit | $16.41B | $16.35B | $16.8B | $13.38B | $7.57B | $6.81B | $7.33B | $6.62B | $4.22B | $4.07B | $4.05B | $4.14B | $3.85B | $3.27B | $2.99B | $2.69B | $2.41B | $2.42B | $16M | $234M | $248.67M | $250.93M | $205.1M | $539.33M | $592.73M | $295.72M |
| Gross Margin | 44.0% | 41.6% | 40.6% | 39.6% | 62.1% | 63.8% | 65.7% | 62.7% | 61.4% | 62.6% | 63.4% | 66.1% | 69.5% | 72.9% | 71.8% | 72.7% | 69.8% | 70.3% | 21.1% | 34.0% | 35.8% | 39.8% | 40.5% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $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 | $9.42B | $9.3B | $9.7B | $9.68B | $4.02B | $2.72B | $2.79B | $2.62B | $1.77B | $1.69B | $1.67B | $1.69B | $1.6B | $1.29B | $1.17B | $1.17B | $1.19B | $1.11B | $22M | $177M | $170.04M | $153.13M | $130.34M | $0 | $0 | $0 |
| Other | $5.68B | $17.09B | $8.65B | $11.07B | $1.54B | $1.57B | $1.53B | $2.06B | $1.74B | $317M | $397M | $388M | $273M | $123M | $18M | $142M | -$48M | $247M | $2M | $172M | $80.03M | $80.86M | $77.17M | $600.78M | $943.36M | $357.93M |
| Total Operating Expenses | $15.1B | $26.38B | $18.34B | $20.75B | $5.56B | $4.3B | $4.32B | $4.68B | $3.5B | $2.01B | $2.07B | $2.08B | $1.87B | $1.41B | $1.19B | $1.32B | $1.14B | $1.36B | $24M | $349M | $250.07M | $233.99M | $207.5M | $600.78M | $943.36M | $357.93M |
| Operating Income (EBIT) | $1.31B | -$10.03B | -$1.55B | -$7.37B | $2.01B | $2.52B | $3.01B | $1.93B | $713M | $2.06B | $1.99B | $2.06B | $1.98B | $1.86B | $1.8B | $1.38B | $1.27B | $1.06B | -$8M | -$115M | -$1.4M | $16.93M | -$2.4M | -$61.45M | -$350.63M | -$62.21M |
| Operating Margin | 3.5% | -25.5% | -3.7% | -21.8% | 16.5% | 23.6% | 27.0% | 18.3% | 10.4% | 31.7% | 31.0% | 32.9% | 35.7% | 41.4% | 43.3% | 37.2% | 36.8% | 30.7% | -10.5% | -16.7% | -0.2% | 2.7% | -0.5% | -11.4% | -59.2% | -21.0% |
| Interest Expense | $2.08B | $2.02B | $2.22B | $1.78B | $633M | $692M | $677M | $729M | $475M | $353M | $330M | $328M | $306M | $248M | $208M | $203M | $248M | $258M | $0 | $0 | $0 | $0 | $47.49M | $0 | $0 | $0 |
| Interest Income | $206M | $210M | $179M | $67M | $18M | $10M | $22M | $15M | $21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $330M | -$1.36B | -$2.31B | -$1.59B | -$579M | -$787M | -$715M | -$912M | -$850M | -$387M | -$426M | -$314M | -$239M | -$341M | -$244M | -$442M | -$204M | -$303M | -$7M | $112.93M | $83.51M | $84.14M | -$32.09M | $0 | $350.63M | $62.21M |
| Income Before Tax (EBT) | $1.64B | -$11.39B | -$3.86B | -$8.96B | $1.43B | $1.73B | $2.29B | $1.02B | -$137M | $1.67B | $1.56B | $1.75B | $1.74B | $1.52B | $1.56B | $935M | $1.03B | $754M | -$9.23M | -$2.07M | $82.11M | $101.08M | -$34.49M | $0 | $0 | $0 |
| Income Tax Expense | $890M | $94M | -$784M | -$1.66B | $236M | $373M | $81M | $341M | $176M | $453M | $511M | $610M | $659M | $562M | $425M | $277M | $472M | $352M | $59.16M | $43.94M | $48.84M | $34.97M | $20.16M | $67.82M | $608.26M | $241.55M |
| Net Income | $727M | -$11.31B | -$3.13B | -$7.37B | $1.01B | $1.22B | $2.07B | $594M | -$337M | $1.19B | $1.03B | $1.14B | $1.07B | $943M | $1.13B | $653M | $549M | $317M | -$68M | -$46M | $33.28M | $66.11M | -$52.39M | -$129.28M | -$608.26M | -$303.76M |
| Net Income Margin | 1.9% | -28.8% | -7.6% | -21.8% | 8.3% | 11.4% | 18.6% | 5.6% | -4.9% | 18.4% | 16.2% | 18.2% | 19.4% | 21.0% | 27.2% | 17.6% | 15.9% | 9.2% | -89.5% | -6.7% | 4.8% | 10.5% | -10.4% | -24.0% | -102.6% | -102.7% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | 0.29 | -4.62 | -1.28 | -3.82 | 1.55 | 1.82 | 2.90 | 0.86 | -0.59 | 1.97 | 1.59 | 1.67 | 1.51 | 0.63 | 1.41 | 0.78 | 0.65 | 0.50 | -0.12 | -0.08 | 0.06 | 0.12 | -0.10 | -0.23 | -1.08 | -0.54 |
| Diluted EPS | 0.29 | -4.62 | -1.28 | -3.82 | 1.54 | 1.81 | 2.86 | 0.86 | -0.59 | 1.96 | 1.58 | 1.66 | 1.49 | 1.27 | 1.40 | 0.78 | 0.65 | 0.49 | -0.12 | -0.08 | 0.06 | 0.12 | -0.09 | -0.23 | -1.09 | -0.54 |
| Weighted Average OS | 2.48B | 2.45B | 2.44B | 1.94B | 507.00M | 510.00M | 535.00M | 688.00M | 384.00M | 401.00M | 432.00M | 454.00M | 330.95M | 348.93M | 529.13M | 569.44M | 564.95M | 562.45M | 561.19M | 560.41M | 560.40M | 560.41M | 560.41M | 560.41M | 560.41M | 560.41M |
| EBITDA | $21.26B | $11.61B | $22.37B | $14.17B | $7.15B | $6.69B | $7.17B | $6.44B | $2.58B | $4.12B | $3.93B | $3.96B | $3.51B | $2.75B | $2.74B | $2B | $1.44B | $1.35B | $60M | -$35M | $79.09M | $94.54M | $71.6M | $539.33M | -$350.63M | $295.72M |
| EBITDA Margin | 57.0% | 29.5% | 54.1% | 41.9% | 58.6% | 62.7% | 64.3% | 61.0% | 37.5% | 63.4% | 61.4% | 63.2% | 63.4% | 61.2% | 65.6% | 54.0% | 41.7% | 39.2% | 78.9% | -5.1% | 11.4% | 15.0% | 14.1% | 100.0% | -59.2% | 100.0% |
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 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | 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 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $4.57B | $5.31B | $3.78B | $3.73B | $3.9B | $2.09B | $1.55B | $986M | $7.31B | $300M | $390M | $367M | $408M | $1.2B | $1.05B | $466M | $623M | $100M | $8M | $155M | $250.35M | $21.64M | $8.6M | $0 | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $4.57B | $5.31B | $3.78B | $3.73B | $3.9B | $2.09B | $1.55B | $986M | $7.31B | $300M | $390M | $367M | $408M | $1.2B | $1.05B | $466M | $623M | $100M | $8M | $155M | $250.35M | $21.64M | $8.6M | $0 | $0 | $0 |
| Accounts Receivable | $5.29B | $5.93B | $7.31B | $7.61B | $2.45B | $2.54B | $2.63B | $2.62B | $1.84B | $1.5B | $1.48B | $1.43B | $1.37B | $1.13B | $1.04B | $880M | $812M | $780M | $10M | $147M | $134.62M | $151.12M | $102.89M | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $3.35B | $2.06B | $2.28B | $2.11B | $245M | $532M | $579M | $313M | $410M | $310M | $381M | $416M | $350M | $196M | $166M | $164M | $146M | $122M | $352M | $3M | $4.43M | $8.81M | $0 | $0 | $0 | $0 |
| Total Current Assets | $13.21B | $14.08B | $14.22B | $14B | $7.26B | $6.13B | $5.22B | $4.23B | $9.99B | $2.5B | $2.6B | $2.49B | $2.41B | $2.73B | $2.43B | $1.74B | $1.67B | $1.11B | $372M | $317M | $400.39M | $198.97M | $131.44M | $0 | $0 | $0 |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $6.68B | $6.09B | $5.96B | $5.3B | $1.34B | $1.21B | $951M | $800M | $597M | $482M | $488M | $554M | $514M | $388M | $379M | $399M | $409M | $395M | $5M | $281M | $256.25M | $258.74M | $257.54M | $0 | $0 | $366.94M |
| Goodwill | $25.93B | $25.67B | $34.97B | $34.44B | $12.91B | $13.07B | $13.05B | $13.01B | $7.07B | $8.04B | $8.16B | $8.24B | $7.34B | $6.4B | $6.29B | $6.43B | $6.43B | $6.89B | $1.78B | $2.08B | $2.13B | $2.14B | $102.89M | $2.1B | $2.03B | $0 |
| Intangible Assets | $27.76B | $51.4B | $59.51B | $71.63B | $10.15B | $11.08B | $11.8B | $12.74B | $3.98B | $3.6B | $3.76B | $3.94B | $3.45B | $2.17B | $1.87B | $1.85B | $1.85B | $1.88B | $1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $543M | $507M | $568M | $935M | $335M | $557M | $567M | $644M | $1.09B | $1.09B | $807M | $0 | $0 | $0 | $0 | $0 | $0 | $2.95B | $2.86B | $2.82B | $2.9B | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $26.5B | $7.33B | $8.1B | $8.63B | $2.22B | $2.1B | $2.15B | $835M | $576M | $490M | $289M | $101M | $179M | $152M | $132M | $601M | $589M | $210M | $3.71B | $3.2B | $3.03B | $25.89M | $7.98M | -$4.92B | -$4.93B | -$2.68B |
| Total Long-Term Assets | $86.88B | $90.48B | $108.54B | $120B | $27.16B | $27.96B | $28.52B | $28.32B | $12.56B | $13.17B | $13.27B | $13.48B | $12.57B | $10.2B | $9.48B | $9.28B | $9.28B | $9.38B | $5.49B | $5.55B | $5.42B | $5.37B | $5.27B | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.37B | $5.4B | $5.95B |
| Total Assets | $100.08B | $104.56B | $122.76B | $134B | $34.43B | $34.09B | $33.73B | $32.55B | $22.55B | $15.67B | $15.86B | $15.97B | $14.98B | $12.93B | $11.91B | $11.02B | $10.95B | $10.48B | $5.87B | $5.87B | $5.82B | $5.56B | $5.4B | $5.37B | $5.4B | $5.95B |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $1.09B | $1.05B | $1.26B | $1.45B | $412M | $397M | $463M | $325M | $277M | $241M | $282M | $225M | $141M | $71M | $53M | $87M | $63M | $71M | $1M | $44M | $26.85M | $33.33M | $12.27M | $0 | $0 | $0 |
| Short-Term Debt | $139M | $2.75B | $1.78B | $365M | $339M | $335M | $609M | $1.82B | $30M | $82M | $119M | $1.11B | $17M | $31M | $26M | $20M | $38M | $466M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45M | $34M | $30M | $120M | $71M | $59M | $38M | $0 | $38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $1.64B | $1.57B | $1.92B | $1.69B | $478M | $557M | $489M | $249M | $255M | $163M | $190M | $178M | $144M | $123M | $113M | $114M | $91M | $93M | $24.95M | $16M | $17.49M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31M | $5M | $32M | $85M | $55M | $27M | $171M | $208M | $90M | $89.05M | $0 | $0 | $21.96M | $12.93M | $0 | $0 | $0 |
| Total Current Liabilities | $12.5B | $15.81B | $15.33B | $15.02B | $3.46B | $3.08B | $3.24B | $4B | $1.87B | $1.56B | $1.58B | $2.6B | $1.29B | $946M | $746M | $785M | $783M | $1.07B | $120M | $122M | $89.94M | $108.53M | $60.59M | $0 | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $32.43B | $36.76B | $41.89B | $48.63B | $14.42B | $15.07B | $14.81B | $14.97B | $14.76B | $7.84B | $7.62B | $6B | $6.48B | $5.21B | $4.22B | $3.6B | $3.46B | $3.33B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $6.38B | $6.99B | $8.74B | $11.01B | $1.23B | $1.53B | $1.69B | $1.81B | $319M | $467M | $556M | $588M | $637M | $272M | $337M | $304M | $268M | $246M | $1.23B | $1.18B | $1.13B | $1.08B | $1.05B | $0 | $0 | $0 |
| Other Long-Term Liabilities | $11.61B | $10.07B | $10.33B | $10.67B | $1.93B | $2.02B | $2.03B | $1.25B | $587M | $393M | $421M | $425M | $333M | $207M | $92M | $99M | $175M | $276M | $24M | $25M | $22.36M | $25.06M | $22.65M | $0 | $0 | $0 |
| Total Long-Term Liabilities | $50.42B | $53.81B | $60.95B | $70.32B | $17.57B | $18.62B | $18.53B | $18.04B | $15.66B | $8.7B | $8.59B | $7.01B | $7.45B | $5.69B | $4.65B | $4B | $3.9B | $3.85B | $1.25B | $1.2B | $1.15B | $1.11B | $1.08B | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.76B | $1.82B | $1.86B |
| Total Liabilities | $62.92B | $69.62B | $76.28B | $85.33B | $21.03B | $21.7B | $21.77B | $22.03B | $17.53B | $10.26B | $10.17B | $9.62B | $8.75B | $6.64B | $5.39B | $4.79B | $4.68B | $4.92B | $1.37B | $1.32B | $1.24B | $1.22B | $1.14B | $1.76B | $1.82B | $1.86B |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $27M | $27M | $27M | $27M | $7M | $7M | $7M | $7M | $5M | $5M | $5M | $5M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $2.8M | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$11.51B | -$12.24B | -$928M | $2.21B | $9.58B | $8.54B | $7.33B | $5.25B | $4.63B | $5.23B | $4.52B | $3.81B | $2.89B | $2.08B | $1.13B | $0 | -$387M | -$936M | -$1.25B | -$1.18B | -$1.14B | -$1.17B | -$1.24B | $0 | $0 | $0 |
| Comprehensive Income & Other | -$407M | -$1.07B | -$741M | -$1.52B | -$830M | -$651M | -$822M | -$785M | -$585M | -$762M | -$633M | -$368M | $4M | $4M | -$23M | -$33M | -$21M | -$78M | $17M | $16M | -$1.86M | $12.31M | $6.67M | $0 | $0 | $0 |
| Other Stockholders' Equity | $47.4B | $46.25B | $46.13B | $44.86B | $2.01B | $1.91B | $2.55B | $3.13B | -$27M | -$70M | $929M | $1.79B | $3.3B | $4.21B | $5.38B | $6.22B | $6.58B | $6.47B | $5.75B | $5.73B | $5.71B | $5.52B | $5.5B | $3.62B | $3.58B | $4.09B |
| Total Equity | $35.92B | $34.04B | $45.23B | $47.09B | $11.6B | $10.46B | $9.89B | $8.39B | $4.61B | $5.17B | $5.45B | $5.6B | $6.2B | $6.29B | $6.52B | $6.22B | $6.2B | $5.54B | $4.5B | $4.55B | $4.58B | $4.35B | $4.26B | $3.62B | $3.58B | $4.09B |
| Minority Interest | $1.25B | $901M | $1.25B | $1.57B | $1.8B | $1.92B | $2.08B | $2.13B | $413M | $243M | $241M | $749M | $37M | $2M | $2M | $8M | $72M | $25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $98.84B | $103.66B | $121.51B | $132.43B | $32.63B | $32.17B | $31.66B | $30.42B | $22.14B | $15.43B | $15.62B | $15.22B | $14.94B | $12.93B | $11.91B | $11.01B | $10.88B | $10.46B | $5.87B | $5.87B | $5.82B | $5.56B | $5.4B | $5.37B | $5.4B | $5.95B |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $32.57B | $39.51B | $43.67B | $49B | $14.76B | $15.4B | $15.42B | $16.79B | $14.79B | $7.92B | $7.74B | $7.11B | $6.5B | $5.24B | $4.25B | $3.62B | $3.5B | $3.8B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $28B | $34.19B | $39.89B | $45.27B | $10.85B | $13.31B | $13.87B | $15.81B | $7.48B | $7.62B | $7.34B | $6.74B | $6.09B | $4.04B | $3.2B | $3.15B | $2.87B | $3.7B | -$8M | -$155M | -$250.35M | -$21.64M | -$8.6M | $0 | $0 | $0 |
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 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | 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 | 2004-12-31 | 2003-12-31 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | $727M | -$11.48B | -$3.08B | -$7.3B | $1.2B | $1.35B | $2.21B | $681M | -$313M | $1.22B | $1.05B | $1.14B | $1.08B | $945M | $1.13B | $669M | $564M | $445M | -$68M | -$46M | $33.28M | $66.11M | -$52.39M |
| Depreciation & Amortization | $5.68B | $20.98B | $24.01B | $21.35B | $5.08B | $4.32B | $4.2B | $4.69B | $2.24B | $2.1B | $2.04B | $1.89B | $1.47B | $982M | $965M | $847M | $155M | $232M | $68M | $68M | $76.38M | $77.61M | $70.53M |
| Deferred Income Tax | -$710M | -$1.73B | -$2.34B | -$2.84B | -$511M | -$186M | -$504M | -$131M | -$199M | -$27M | $2M | -$181M | $83M | -$70M | $40M | $11M | -$13M | $190M | $56M | $42M | $50.36M | $31.69M | $17.65M |
| Stock-Based Compensation | $0 | $557M | $500M | $412M | $178M | $110M | $142M | $80M | $39M | $69M | $35M | $78M | $190M | $154M | $99M | $182M | $228M | -$66M | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | -$336M | $1.01B | $312M | $181M | $47M | $105M | -$7M | -$84M | -$238M | -$56M | -$108M | $46M | -$125M | -$70M | -$107M | -$188M | -$37M | -$45M | $4M | -$10M | $16.24M | -$36.41M | -$4.04M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $108M | -$529M | -$820M | $1.53B | $185M | -$131M | $122M | -$74M | $265M | -$10M | -$2M | $138M | $106M | $171M | $6M | -$1M | $40M | -$46M | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$11.07B | -$12.61B | -$11.48B | -$12.69B | -$3.47B | -$3.07B | -$3.09B | -$2.76B | -$1.92B | -$2B | -$1.78B | -$1.77B | -$1.5B | -$1.16B | -$1.04B | -$962M | -$833M | -$225M | -$19M | $29M | -$8.71M | $25.8M | -$10.07M |
| Total Working Capital Change | -$11.3B | -$12.13B | -$11.99B | -$10.98B | -$3.24B | -$3.1B | -$2.97B | -$2.92B | -$1.9B | -$2.07B | -$1.89B | -$1.58B | -$1.52B | -$1.06B | -$1.14B | -$1.15B | -$830M | -$316M | -$15M | $19M | $7.53M | -$10.6M | -$14.11M |
| Other Non-Cash Items | $9.92B | $9.18B | $380M | $3.66B | $88M | $244M | $321M | $180M | $1.76B | $96M | $63M | -$17M | -$10M | $144M | $5M | $110M | $538M | $84M | $16M | -$9M | -$82.25M | -$80.48M | $8.01M |
| Net Cash from Operating | $4.32B | $5.38B | $7.48B | $4.3B | $2.8B | $2.74B | $3.4B | $2.58B | $1.63B | $1.38B | $1.29B | $1.32B | $1.28B | $1.1B | $1.1B | $668M | $642M | $569M | $57M | $74M | $85.29M | $84.32M | $29.68M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$1.23B | -$948M | -$1.32B | -$987M | -$373M | -$402M | -$289M | -$147M | -$135M | -$88M | -$103M | -$120M | -$115M | -$77M | -$58M | -$49M | -$55M | -$102M | -$47M | -$78M | -$90.53M | -$49.29M | -$25.86M |
| Acquisitions | $633M | -$109M | -$162M | $3.44B | -$186M | -$220M | -$327M | -$8.52B | -$475M | $19M | -$19M | -$327M | -$1.86B | -$553M | -$177M | -$165M | $0 | $37M | $2M | -$47M | $0 | -$40.26M | $5.45M |
| Purchases of Investments | -$100M | $0 | $0 | $0 | -$189M | -$250M | $0 | $0 | -$545M | -$272M | -$281M | -$180M | -$55M | $0 | $0 | -$127M | -$31M | $0 | $0 | -$52M | -$394K | $0 | $0 |
| Sales of Investments | $80M | $677M | $121M | $1.06B | $599M | $154M | $179M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21M | $0 | $24M | $24M | $28M | $0 | $12.8M | $0 | $0 |
| Other Investing Activities | $72M | $31M | $98M | $9M | $93M | $15M | -$1M | $73M | $522M | $85M | $102M | $59M | $44M | -$13M | $0 | $151M | $300M | $139M | $2M | $8M | $15.37M | -$12.73M | $177K |
| Net Cash from Investing | -$546M | -$349M | -$1.26B | $3.52B | -$56M | -$703M | -$438M | -$8.59B | -$633M | -$256M | -$301M | -$568M | -$1.99B | -$643M | -$214M | -$190M | $238M | $98M | -$15M | -$169M | -$62.75M | -$102.28M | -$20.23M |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | $4.56B | $3.43B | $5.36B | $7.32B | $574M | $214M | $1.18B | $16M | -$6.8B | -$470M | -$55M | -$396M | -$1.2B | -$970M | -$619M | -$77M | $371M | $411M | - | - | - | - | $403.88M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16M | $46M | $0 | $44M | $73M | $0 | $0 | $0 | $0 | $0 | $13M | $279K | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | -$969M | -$633M | $0 | -$603M | -$1.43B | -$957M | -$1.42B | -$1.3B | -$1.38B | -$997M | -$605M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$313M | -$323M | -$466M | -$425M | -$279M | -$366M | -$320M | -$67M | -$126M | -$1M | -$768M | $210M | $278M | $105M | $88M | -$113M | $15M | -$363M | $0 | -$272K | $206.04M | $31M | $391.03M |
| Net Cash from Financing | -$4.87B | -$3.75B | -$5.84B | -$7.74B | -$853M | -$1.55B | -$2.36B | -$283M | $5.95B | -$1.18B | -$919M | -$734M | -$85M | -$305M | -$297M | -$641M | -$356M | -$774M | $12M | $0 | $206.17M | $31M | -$12.85M |
| Forex Effect | $250M | -$180M | $8M | -$61M | -$106M | $83M | -$38M | -$23M | $62M | -$30M | -$51M | -$57M | -$6M | $2M | -$7M | $6M | $5M | -$2M | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$850M | $1.1B | $389M | $25M | $1.78B | $570M | $566M | -$6.32B | $7.01B | -$90M | $23M | -$41M | -$793M | $153M | $582M | -$157M | $529M | -$109M | $54M | -$95M | $228.71M | $13.04M | -$3.4M |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | $4.32B | $5.38B | $7.48B | $4.3B | $2.8B | $2.74B | $3.4B | $2.58B | $1.63B | $1.38B | $1.29B | $1.32B | $1.28B | $1.1B | $1.1B | $668M | $642M | $569M | $57M | $74M | $85.29M | $84.32M | $29.68M |
| Capital Expenditure | -$1.23B | -$948M | -$1.32B | -$987M | -$373M | -$402M | -$289M | -$147M | -$135M | -$88M | -$103M | -$120M | -$115M | -$77M | -$58M | -$49M | -$55M | -$102M | -$47M | -$78M | -$90.53M | -$49.29M | -$25.86M |
| Free Cash Flow | $3.09B | $4.43B | $6.16B | $3.32B | $2.42B | $2.34B | $3.11B | $2.43B | $1.49B | $1.29B | $1.19B | $1.2B | $1.17B | $1.02B | $1.04B | $619M | $587M | $467M | $10M | -$4M | -$5.24M | $35.03M | $3.82M |
| Cash at Beginning | $5.42B | $4.32B | $3.93B | $3.9B | $2.12B | $1.55B | $986M | $7.31B | $300M | $390M | $367M | $408M | $1.2B | $1.05B | $466M | $623M | $94M | $209M | $155M | $250M | $21.64M | $8.6M | $12M |
| Cash at End | $4.57B | $5.42B | $4.32B | $3.93B | $3.9B | $2.12B | $1.55B | $986M | $7.31B | $300M | $390M | $367M | $408M | $1.2B | $1.05B | $466M | $623M | $100M | $209M | $155M | $250.35M | $21.64M | $8.6M |