BRASKEM SA (BAK)
Braskem S.A., along with its affiliated companies, specializes in the production and global distribution of thermoplastic resins. The enterprise structures its operations into three primary geographical divisions: Brazil; the United States and Europe; and Mexico. Within the Brazil segment, the company manufactures and offers a broad spectrum of chemicals, including ethylene, various grades of polymer and chemical propylene, butadiene, butene-1, benzene, toluene, and xylenes. This division also supplies fuels such as automotive gasoline, liquefied petroleum gas (LPG), ethyl tertiary-butyl ether (ETBE), and methyl tertiary-butyl ether (MTBE), alongside intermediates like cumene. Its portfolio further extends to aliphatics, aromatics, hydrogenated solvents, and a range of specialty chemicals, including isoprene, dicyclopentadiene, piperylene, nonene, tetramer, polyisobutylene, and hydrocarbon resins. Additionally, it undertakes the manufacturing and sale of both polyethylene (PE) and polypropylene (PP), provides electricity and other essential inputs to second-generation producers, and is notable for its production of green PE derived from renewable sources. Polyvinyl chloride (PVC) and caustic soda are also among the products generated and marketed by this segment. The United States and Europe segment focuses specifically on the manufacture and sale of polypropylene (PP) across these regions, particularly within the U.S. and Germany. In Mexico, the company is responsible for the production and distribution of ethylene, high-density PE, and low-density PE. Beyond these segmented activities, Braskem engages broadly in the manufacturing, selling, importing, and exporting of chemicals, petrochemicals, and various fuels. It also plays a role in generating and supplying crucial utilities like steam, water, compressed air, and industrial gases, in addition to providing a suite of industrial services. Established in 1972, the company initially traded as Copene Petroquímica do Nordeste S.A. before rebranding as Braskem S.A. in 2002. Its principal corporate office is situated in Camaçari, Brazil.
Sector: Industrial Organic Chemicals
Industry: Chemicals
Braskem S.A.
NYSE:BAKBasic Materials · Chemicals
-35.29%$1.10
AH Close$1.14+3.64%vs close
AH Close$1.14+3.64%vs close
Mkt Cap$438.33M
Float202.31M
O/S398.48M
Inst Own0.9%
SI3.8%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$12.41B
Net Income-$1.73B
Total Assets$14.64B
Free Cash Flow-$1.28B
Debt & Equity
Debt 129%
Total Debt$12.76B
Total Equity-$2.89B
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitMay 16, 20051 share → 2
Balance Sheet Details
Assets$14.64B
Liabilities$17.6B
Accounts Receivable$1.46B
Accounts Payable$2.36B
Inventory$1.86B
PP&E (Net)$7.42B
Goodwill$347.33M
Intangible Assets$200.49M
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 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 1999-12-31 | 1998-12-31 |
| Revenue | $12.41B | $13.85B | $12.63B | $17.27B | $18.9B | $10.48B | $9.36B | $10.38B | $8.81B | $8.53B | $8.46B | $8.24B | $7.33B | $6.35B | $5.94B | $4.56B | $2.73B | $3.21B | $3.16B | $2.32B | $2.34B | $2.18B | $1.81B | $1.51B | $736.08M | $542.6M | $325.59M | $224.63M |
| YoY Growth | -10.4% | 9.7% | -26.9% | -8.6% | 80.4% | 11.9% | -9.8% | 17.7% | 3.4% | 0.8% | 2.7% | 12.4% | 15.4% | 7.0% | 30.1% | 67.2% | -15.1% | 1.6% | 36.4% | -0.8% | 7.1% | 20.8% | 19.3% | 105.8% | 35.7% | 66.7% | 44.9% | - |
| Cost of Revenue | $12.13B | $12.78B | $12.09B | $15.24B | $13.16B | $8.49B | $8.21B | $8.3B | $6.51B | $6.25B | $6.6B | $7.17B | $6.41B | $5.76B | $5.25B | $3.83B | $2.27B | $2.71B | $2.58B | $1.93B | $1.85B | $1.62B | $1.44B | $1.2B | $493.51M | $421.07M | $212.65M | $154.52M |
| Gross Profit | $272.96M | $1.07B | $540.58M | $2.03B | $5.74B | $1.99B | $1.15B | $2.07B | $2.3B | $2.28B | $1.86B | $1.07B | $921.32M | $591.12M | $690.4M | $730.63M | $462.3M | $504.38M | $579.44M | $392.83M | $485.24M | $557.32M | $364.73M | $310.46M | $242.57M | $121.54M | $112.94M | $70.11M |
| Gross Margin | 2.2% | 7.7% | 4.3% | 11.8% | 30.3% | 19.0% | 12.3% | 20.0% | 26.1% | 26.7% | 22.0% | 13.0% | 12.6% | 9.3% | 11.6% | 16.0% | 16.9% | 15.7% | 18.3% | 16.9% | 20.8% | 25.5% | 20.2% | 20.5% | 33.0% | 22.4% | 34.7% | 31.2% |
| Research and Development | $80.7M | $82.85M | $68.53M | $66.92M | $53.15M | $44.85M | $44.33M | $35.76M | $29.88M | $28.99M | $31.57M | $24.77M | $20.72M | $19M | $17.73M | $14.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $837.81M | $828.5M | $785.2M | $871.81M | $819.2M | $674.76M | $717.13M | $635.95M | $517.86M | $516.79M | $437.93M | $423.36M | $371.96M | $351.91M | $331.02M | $302.21M | $210.05M | $208.84M | $221.6M | $169.85M | $140.76M | $116.34M | $84.1M | $159.92M | $23.63M | $24.78M | $17.25M | $13.38M |
| Other | $61.26M | -$19.33M | $0 | $0 | $0 | $9.89M | $361.45M | $0 | $0 | $626.27M | $0 | $0 | $0 | $0 | $0 | $0 | -$1.88M | $81.88M | $62.19M | $35.51M | $206.01M | $293.44M | $179.22M | -$180.21M | $163.81M | $18M | $19.85M | $19.05M |
| Total Operating Expenses | $979.76M | $892.03M | $853.73M | $938.73M | $872.34M | $729.49M | $1.12B | $667.56M | $547.74M | $1.17B | $469.51M | $448.14M | $392.69M | $370.91M | $345.05M | $155.34M | $420.68M | $290.73M | $283.8M | $205.36M | $346.77M | $409.78M | $263.32M | -$20.29M | $187.44M | $42.78M | $37.1M | $32.43M |
| Operating Income (EBIT) | -$706.8M | $181.09M | -$313.15M | $1.09B | $4.86B | $1.26B | $30.26M | $1.49B | $1.67B | $1.06B | $1.26B | $638.68M | $490.29M | $275.32M | $345.34M | $575.29M | $354.28M | $213.66M | $295.64M | $187.47M | $138.47M | $147.54M | $101.41M | $330.75M | $55.13M | $78.75M | $75.84M | $37.68M |
| Operating Margin | -5.7% | 1.3% | -2.5% | 6.3% | 25.7% | 12.0% | 0.3% | 14.3% | 19.0% | 12.5% | 14.9% | 7.8% | 6.7% | 4.3% | 5.8% | 12.6% | 13.0% | 6.6% | 9.3% | 8.1% | 5.9% | 6.8% | 5.6% | 21.8% | 7.5% | 14.5% | 23.3% | 16.8% |
| Interest Expense | $1.04B | $972.91M | $760.5M | $595.52M | $571M | $126.9M | $146.1M | $398.33M | $421.75M | $384.06M | $329.68M | $247.54M | $216.74M | $184.67M | $639.58M | $303.66M | $114.05M | $100.23M | $84.16M | $51.38M | $110.34M | $0 | $127M | $0 | $0 | $46.75M | $0 | $0 |
| Interest Income | $127.36M | $224.75M | $262.87M | $187.89M | $78.73M | $16.69M | $32.14M | $94.84M | $91.63M | $90.28M | $70.6M | $50.61M | $50.4M | $39.37M | $137.67M | $66.11M | $32.63M | $25M | $24.1M | $24.99M | $25.05M | $0 | $1.6M | $0 | $0 | $33.1M | $0 | $0 |
| Other Income (Expense) | $207.71M | -$3.35B | -$794.86M | -$1.09B | -$1.65B | -$2.99B | -$853.94M | -$748.31M | -$777.04M | -$1.09B | -$612.99M | -$431.68M | -$316.17M | -$612M | -$501.3M | -$62.95M | $79.26M | -$699.11M | -$79.34M | -$171.64M | -$4.51M | -$5.76M | -$848K | -$609.21M | -$66.39M | -$12.11M | -$41.21M | -$19.08M |
| Income Before Tax (EBT) | -$499.09M | -$3.17B | -$1.11B | $8.41M | $3.21B | -$1.73B | -$823.68M | $653.59M | $969.33M | -$25.05M | $815.92M | $210.89M | $172.49M | -$328.13M | -$156.57M | $337.74M | $330.55M | -$485.45M | $211.89M | $16.08M | $133.96M | $142.19M | $60.24M | -$278.46M | -$11.26M | $66.64M | $34.66M | $18.61M |
| Income Tax Expense | $1.42B | -$1.02B | -$232.98M | $155.32M | $715.59M | -$477.5M | -$351.2M | $133.36M | $231.19M | $110.24M | $297.21M | $80.93M | $81.76M | -$141.97M | -$64.09M | -$366K | $166.42M | -$49.78M | $67.46M | -$2.28M | $31.72M | $14.12M | $21.9M | $12.94M | -$5.92M | $1.02M | $1.41M | -$3.2M |
| Net Income | -$1.73B | -$2.03B | -$819.38M | -$60.12M | $2.5B | -$1.2B | -$454.69M | $512.97M | $730.62M | -$73.63M | $561.93M | $154.62M | $91.21M | -$130.83M | -$93.97M | $339.15M | $164.13M | -$445.94M | $97.98M | $18.08M | $111.91M | $123.66M | $38.34M | -$291.4M | -$4.6M | $65.61M | $38.05M | $21.81M |
| Net Income Margin | -14.0% | -14.6% | -6.5% | -0.3% | 13.2% | -11.4% | -4.9% | 4.9% | 8.3% | -0.9% | 6.6% | 1.9% | 1.2% | -2.1% | -1.6% | 7.4% | 6.0% | -13.9% | 3.1% | 0.8% | 4.8% | 5.7% | 2.1% | -19.2% | -0.6% | 12.1% | 11.7% | 9.7% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | -24.32 | -28.40 | -22.98 | -2.06 | 70.28 | -17.62 | -6.64 | 7.20 | 9.70 | -1.04 | 7.54 | 1.80 | 1.04 | -1.84 | -1.32 | 5.36 | 1.52 | -9.82 | 2.88 | 0.56 | 3.46 | 3.80 | 2.32 | -17.68 | -9.02 | 128.46 | 51.78 | 24.16 |
| Diluted EPS | -24.32 | -28.40 | -22.98 | -2.06 | 70.28 | -17.62 | -6.64 | 7.20 | 9.70 | -1.04 | 7.54 | 1.80 | 1.04 | -1.84 | -1.32 | 5.36 | 1.52 | -9.82 | 2.88 | 0.56 | 3.46 | 3.80 | 2.32 | -17.68 | -9.02 | 128.46 | 51.78 | 24.16 |
| Weighted Average OS | 398.60M | 398.60M | 199.24M | 398.24M | 199.02M | 398.00M | 397.99M | 397.87M | 397.87M | 397.72M | 397.87M | 397.91M | 397.91M | 398.13M | 399.06M | 357.58M | 257.37M | 253.77M | 216.42M | 177.81M | 180.95M | 181.08M | 92.06M | 92.06M | 2.85M | 2.85M | 4.11M | 5.04M |
| EBITDA | $112.98M | $696.44M | $584.07M | $1.45B | $4.53B | $1.96B | $347.22M | $1.66B | $2.07B | $965.43M | $1.74B | $956.32M | $858.78M | $196.57M | $337.31M | $788.14M | $614.99M | -$162.29M | $524.66M | $369.59M | $316.23M | $318.14M | $249.2M | $386.49M | $76.84M | $100.22M | $95.92M | $56.74M |
| EBITDA Margin | 0.9% | 5.0% | 4.6% | 8.4% | 24.0% | 18.7% | 3.7% | 16.0% | 23.4% | 11.3% | 20.5% | 11.6% | 11.7% | 3.1% | 5.7% | 17.3% | 22.5% | -5.0% | 16.6% | 15.9% | 13.5% | 14.6% | 13.8% | 25.5% | 10.4% | 18.5% | 29.5% | 25.3% |
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 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 1999-12-31 | 1998-12-31 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.88B | $2.68B | $2.54B | $2.23B | $1.55B | $477.58M | $417.05M | $992.71M | $675.52M | $1.2B | $1.26B | $714.58M | $775.87M | $588.29M | $534.47M | $469.59M | $476.64M | $467.33M | $338.19M | $276.17M | $381.93M | $313.82M | $122.9M | $22.5M | $39.33M | $6.45M | $22.83M | $44.64M |
| Short-Term Investments | $238.95M | $319.59M | $886.84M | $410.67M | $624.99M | $124.96M | $75.07M | $8.88M | $86.93M | $136.86M | $83.84M | $22.06M | $15.52M | $30.8M | $30.47M | $0 | $83.53M | $60.3M | $68.96M | $73.89M | $26.07M | $3.67M | $88.16M | $87.39M | $11.45M | $55.57M | $0 | $0 |
| Cash and Short-Term Investments | $2.12B | $3B | $3.43B | $2.64B | $2.18B | $602.54M | $492.12M | $1.42B | $1.09B | $1.34B | $1.34B | $736.64M | $796.48M | $619.1M | $564.94M | $469.59M | $560.17M | $527.63M | $407.15M | $350.06M | $408M | $317.49M | $211.06M | $109.88M | $50.78M | $62.01M | $22.83M | $44.64M |
| Accounts Receivable | $1.46B | $1.16B | $1.01B | $985.61M | $1.92B | $274.63M | $204.01M | $550.29M | $587.14M | $292.42M | $493.11M | $481.82M | $956.47M | $592.04M | $589.65M | $504.99M | $342.91M | $309.57M | $343.75M | $366.44M | $335.68M | $391.92M | $238.58M | $152.65M | $47.28M | $46.67M | $38.48M | $24.82M |
| Inventory | $1.86B | $2.41B | $2.21B | $2.49B | $2.91B | $288.82M | $339.19M | $1.52B | $1.19B | $937.3M | $1.09B | $960.59M | $900.72M | $734.03M | $648.4M | $539.63M | $343.41M | $527.54M | $405.15M | $315.48M | $280.32M | $274.95M | $190.98M | $146.07M | $51.83M | $29.98M | $22.51M | $15.03M |
| Other Current Assets | $0 | $13.06M | $24.52M | $28.27M | $6.05M | $0 | $0 | $296.39M | $230.06M | $324.89M | $285.84M | $444.55M | $472.22M | $49.72M | $10.41M | $49.51M | $10.59M | $10.66M | $15.35M | $15.23M | $431K | $1.91M | $70.56M | $143.15M | $27.89M | $4.21M | $83.62M | $9.73M |
| Total Current Assets | $5.45B | $6.63B | $6.7B | $6.17B | $7.03B | $1.18B | $1.04B | $3.83B | $3.12B | $2.91B | $3.25B | $2.64B | $2.68B | $2.27B | $1.82B | $1.57B | $1.26B | $1.39B | $1.18B | $1.06B | $1.04B | $954.75M | $726.69M | $574.41M | $180.27M | $152.25M | $167.43M | $94.22M |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $7.42B | $7.9B | $7.56B | $7.46B | $7.16B | $1.34B | $1.55B | $5.68B | $5.33B | $5.25B | $6.1B | $5.19B | $4.55B | $3.79B | $3.69B | $3.47B | $1.8B | $1.84B | $1.5B | $1.19B | $1.07B | $966.04M | $896.8M | $749.75M | $454.82M | $345.4M | $345.32M | $349.31M |
| Goodwill | $347.33M | $390.45M | $388.84M | $373.45M | $368.42M | $70.93M | $91.59M | $368.42M | $368.42M | $368.42M | $368.43M | $368.43M | $368.43M | $368.43M | $369.29M | $369.28M | $373.61M | $0 | $430.28M | $273.3M | $405.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $200.49M | $215.63M | $167.31M | $167.31M | $146.45M | $26.52M | $31.28M | $122.06M | $119.64M | $134.24M | $148.29M | $139M | $152.77M | $157.84M | $170.52M | $181.71M | $45.3M | $425.65M | $30.85M | $23.12M | $0 | $431.28M | $340.88M | $87.27M | $202.02M | $0 | $0 | $0 |
| Long-Term Investments | $177.96M | $78.38M | $29.53M | $26.66M | $13.56M | $10.78M | $75.82M | $20.15M | $25.81M | $21.76M | $25.92M | $37.29M | $25.53M | $28.67M | $13.5M | $103.5M | $3.7M | $4.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $278.47M | $2.48B | $1.15B | $1.14B | $1.48B | $293.86M | $118.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $221.38M | $203.4M | $174.18M | $117.12M | $70.77M | $67.3M | $52.33M | $54.38M | $29.58M | $38.77M | $17.22M | $0 | $0 | $0 |
| Other Long-Term Assets | $778.54M | $482.25M | $422.12M | $419.8M | $367.8M | $47.9M | $119.64M | $572.01M | $479.47M | $590.18M | $958.13M | $467.93M | $599.42M | $0 | $398.13M | $274.97M | $300.35M | $288.6M | $522.27M | $290.45M | $222.95M | $259.23M | $480.27M | $408.87M | $154.98M | $170.69M | $130.48M | $115.23M |
| Total Long-Term Assets | $9.2B | $11.55B | $9.72B | $9.59B | $9.53B | $1.79B | $1.99B | $6.77B | $6.32B | $6.36B | $7.6B | $6.2B | $5.69B | $4.34B | $4.86B | $4.6B | $2.69B | $2.68B | $2.56B | $1.85B | $1.75B | $1.71B | $1.75B | $1.28B | $829.05M | $516.08M | $475.8M | $464.54M |
| Other Assets | $0 | $0 | -$358K | $0 | -$179 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $751.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $14.64B | $18.18B | $16.42B | $15.76B | $16.56B | $2.97B | $3.03B | $10.59B | $9.44B | $9.27B | $10.85B | $8.84B | $8.38B | $7.37B | $6.68B | $6.17B | $3.96B | $4.06B | $3.74B | $2.91B | $2.79B | $2.67B | $2.47B | $1.86B | $1.01B | $668.33M | $643.23M | $558.76M |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $2.36B | $3.02B | $2.37B | $2.19B | $2.16B | $342.65M | $405.55M | $1.49B | $905.23M | $1.17B | $2.21B | $1.94B | $1.86B | $1.59B | $1.23B | $930.71M | $48.31M | $39.03M | $2K | $539.47M | $461.42M | $368.72M | $192.82M | $286.31M | $31.33M | $14.33M | $11.86M | $4.97M |
| Short-Term Debt | $3.88B | $560.98M | $495.31M | $402.62M | $266.51M | $342.04M | $99.74M | $2.02B | $1.95B | $2.34B | $416.57M | $269.57M | $231.78M | $0 | $252.47M | $308.53M | $325.82M | $384.06M | $211.13M | $323.39M | $161.72M | $318.71M | $548.11M | $459.35M | $92.29M | $62.04M | $54.99M | $51.61M |
| Current Income Tax Payable | $0 | $155.32M | $71.22M | $156.04M | $480.45M | $50.84M | $6.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $59.05M | $69.8M | $206.75M | $18.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $36.62M | $9.9M | $15.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.42M | $9.01M | $5.33M | $8.77M | $0 | $0 | $0 | $0 | $0 | $0 | $12.63M | $0 | $0 | $0 |
| Other Current Liabilities | $814.49M | $584.6M | $733.48M | $960.2M | $939.08M | $245.5M | $170.93M | $280.34M | $275.87M | $449.98M | $351.89M | $213.12M | $248.19M | $522.49M | $15.73M | $79.29M | $714.94M | $907.72M | $751.84M | $120.17M | $171.62M | $135.07M | $115.29M | $205.11M | $26.53M | $11.53M | $19.56M | $15.5M |
| Total Current Liabilities | $7.19B | $5.06B | $4.38B | $4.33B | $4.51B | $977.95M | $721.34M | $4.14B | $3.32B | $4.12B | $3.16B | $2.52B | $2.43B | $2.26B | $1.62B | $1.51B | $1.3B | $1.36B | $1.06B | $983.04M | $794.76M | $812.02M | $856.22M | $951.11M | $162.77M | $87.9M | $86.41M | $72.08M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $8.3B | $11.86B | $9.52B | $8.47B | $8.87B | $1.66B | $1.78B | $4.76B | $4.33B | $4B | $7.16B | $4.98B | $4.08B | $2.81B | $2.46B | $1.97B | $1.42B | $1.76B | $1.29B | $877.91M | $797.01M | $755.17M | $848.02M | $883.99M | $382.26M | $153.47M | $167.75M | $137.42M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $46.14M | $13.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $39.1M | $86.93M | $4.15M | $223.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $262.73M | $302.95M | $421.23M | $338.02M | $379.81M | $62.37M | $12.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $346.96M | $393.77M | $151.89M | $4.17M | $11.54M | $3.09M | $1.86M | $1.66M | $1.75M | $10.71M | $10.27M | $5.22M | $3.89M | $2.68M |
| Other Long-Term Liabilities | $1.26B | $1.13B | $975.41M | $953.94M | $1.21B | $304.57M | $248.72M | $619.94M | $800.81M | $721.54M | $362.22M | $284.25M | $485.62M | $0 | $431.56M | $342.93M | $225.72M | $54.15M | $241.14M | $272.83M | $361.67M | $310.94M | $292.92M | $173.37M | $308K | $7.95M | $6.19M | $5.21M |
| Total Long-Term Liabilities | $10.4B | $13.88B | $11.45B | $10.33B | $10.95B | $2.12B | $2.13B | $5.4B | $5.13B | $4.84B | $7.52B | $5.27B | $4.57B | $2.81B | $3.28B | $2.79B | $1.8B | $2.04B | $1.54B | $1.15B | $1.16B | $1.07B | $1.14B | $1.07B | $392.84M | $166.64M | $177.83M | $145.31M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $749.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $17.6B | $18.94B | $15.83B | $14.66B | $15.45B | $3.1B | $2.86B | $9.53B | $8.46B | $8.97B | $10.68B | $7.79B | $7B | $5.82B | $4.9B | $4.31B | $3.11B | $3.4B | $2.6B | $2.14B | $1.96B | $1.88B | $2B | $2.02B | $555.61M | $254.54M | $264.25M | $217.39M |
| 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 | $0 | $0 | $10.9M | $76.53M | $64.26M | $59.26M | $39.8M |
| Common Stock | $1.44B | $1.44B | $1.44B | $1.44B | $1.44B | $277.09M | $357.79M | $1.44B | $1.44B | $1.44B | $1.44B | $1.44B | $1.44B | $1.44B | $0 | $1.44B | $1.06B | $961.96M | $830.4M | $0 | $0 | $609.1M | $336.37M | $285.7M | $33.44M | $28.08M | $25.9M | $17.4M |
| Retained Earnings | -$4.36B | -$2.51B | -$489.94M | $0 | $0 | -$173.07M | $62.61M | $836.24M | $667.16M | $149.35M | $441.14M | $131.73M | $73.39M | -$101.2M | $0 | $0 | -$193.57M | -$356.09M | -$17.59M | -$4.55M | -$17.58M | -$6.19M | -$88.38M | -$257.73M | $651.63M | $564.64M | $481.17M | $305.92M |
| Comprehensive Income & Other | $35.77M | $303.66M | -$152.46M | -$43.66M | $56.77M | -$178.18M | -$200.87M | -$1.05B | -$970.13M | -$1.09B | -$1.58B | -$481.65M | -$153.94M | $0 | $56.47M | $39.61M | $0 | $0 | $181.4M | $193.63M | $151.88M | $149.3M | $132.65M | -$258.64M | -$356.59M | -$242.78M | -$187.63M | -$23.48M |
| Other Stockholders' Equity | $35.77M | $216.34M | -$234.95M | -$129.02M | -$31.74M | -$179.89M | -$203.08M | -$1.06B | -$979.04M | -$1.1B | -$1.59B | -$490.39M | -$162.69M | $194.42M | $1.74B | $419.97M | -$13.98M | $52.61M | $217.27M | $774.27M | $828.72M | $146.61M | $128.51M | -$257.51M | -$286.46M | -$183.9M | -$133.41M | $12.93M |
| Total Equity | -$2.89B | -$855.7M | $714.34M | $1.31B | $1.41B | -$75.87M | $217.31M | $1.21B | $1.13B | $490.05M | $291.74M | $1.08B | $1.35B | $1.53B | $1.74B | $1.86B | $848.53M | $658.47M | $1.03B | $769.72M | $811.14M | $749.52M | $376.51M | -$229.54M | $398.61M | $408.82M | $373.66M | $336.25M |
| Minority Interest | -$63.49M | $90.19M | -$127.59M | -$217.24M | -$297.4M | -$57.33M | -$41.84M | -$156.82M | -$148.07M | -$182.14M | -$122.55M | -$25.86M | $24.54M | $15.71M | $38.53M | $3.24M | $0 | $0 | $107M | $3.89M | $21.67M | $36.35M | $98.8M | $69.42M | $55.09M | $4.98M | $5.32M | $5.12M |
| Total Liabilities and Equity | $14.71B | $18.09B | $16.54B | $15.97B | $16.86B | $3.02B | $3.07B | $10.75B | $9.58B | $9.46B | $10.97B | $8.87B | $8.35B | $7.35B | $6.65B | $6.17B | $3.96B | $4.06B | $3.63B | $2.91B | $2.77B | $2.63B | $2.38B | $1.79B | $954.22M | $663.35M | $637.91M | $553.64M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $12.76B | $13.19B | $10.72B | $9.63B | $9.7B | $2.08B | $1.97B | $6.79B | $6.29B | $6.49B | $7.58B | $5.25B | $4.32B | $2.81B | $2.72B | $2.28B | $1.75B | $2.14B | $1.5B | $1.2B | $958.73M | $1.07B | $1.4B | $1.34B | $474.55M | $215.51M | $222.74M | $189.02M |
| Net Debt | $10.88B | $10.51B | $8.18B | $7.4B | $8.15B | $1.61B | $1.56B | $5.8B | $5.61B | $5.29B | $6.32B | $4.54B | $3.54B | $2.22B | $2.18B | $1.81B | $1.27B | $1.68B | $1.16B | $925.13M | $576.8M | $760.06M | $1.27B | $1.32B | $435.22M | $209.07M | $199.92M | $144.38M |
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 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 1999-12-31 | 1998-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | -$1.73B | -$3.17B | -$819.38M | $8.41M | $2.5B | -$1.2B | -$823.68M | $653.59M | $969.28M | -$17.76M | $815.92M | $210.89M | $172.49M | -$247.38M | -$156.57M | $339.15M | $330.55M | -$445.94M | $97.98M | $18.08M | $111.91M | $123.66M | $38.34M | -$291.4M | -$4.6M | $65.61M | $38.05M | $21.81M |
| Depreciation & Amortization | $819.77M | $885.76M | $931.57M | $846.93M | $747.62M | $724.37M | $649.97M | $551.14M | $542.43M | $511.82M | $380.39M | $367.97M | $367.92M | $344.33M | $308.39M | $287.44M | $189.92M | $226.31M | $234.36M | $182.12M | $177.76M | $169.61M | $147.57M | $55.76M | $21.71M | $21.47M | $19.85M | $19.05M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | -$340.74M | -$93.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$54M | $18.48M | -$18.01M | $5.31M | -$24.77M | -$3.64M | -$3.19M | -$6.68M | $919K | $992K | -$3.37M |
| Stock-Based Compensation | $0 | $0 | $1.79M | $0 | $2.58M | $1.33M | $0 | $788K | $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 | $57.54M | $108.98M | $12.88M | $832.8M | -$389.25M | -$391.49M | $325.1M | $23.28M | -$286.02M | $180.35M | -$6.9M | $25.78M | -$88.19M | -$111.86M | $65.48M | $33.31M | -$53.12M | $88.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $515.58M | -$32.39M | $324.06M | $382.58M | -$1.36B | -$45.19M | $155.29M | -$275.09M | -$278.77M | $154.31M | -$28.88M | -$48.38M | -$165.96M | -$101.29M | -$68.44M | -$68.41M | $190.1M | -$121.98M | $5.06M | -$26.46M | -$9.21M | -$68.73M | -$35.16M | -$48.94M | -$2.32M | -$7M | -$6.86M | $6.83M |
| Accounts Payable | -$411.03M | $68.71M | $0 | $91.98M | $0 | $0 | $50.54M | $240.39M | -$256.92M | -$761.32M | -$394.69M | -$75.06M | $132.89M | $387.5M | $237.27M | $31.83M | $10.4M | -$29.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$467.34M | -$45.63M | -$1.05B | -$597.13M | -$488.07M | $163.52M | -$581.04M | -$20.77M | -$153.55M | $241.21M | $321.53M | $66.74M | -$10.78M | -$118.68M | -$141.26M | $137.44M | -$129.79M | $365.38M | $163.5M | -$62.17M | $67.81M | $208.88M | $1.07M | $86.58M | $8.93M | -$10.4M | -$7.67M | $6.08M |
| Total Working Capital Change | -$305.24M | $99.67M | -$708.61M | $710.22M | -$2.23B | -$273.16M | -$50.1M | -$32.18M | -$975.27M | -$185.45M | -$108.95M | -$30.91M | -$132.04M | $55.68M | $93.04M | $134.18M | $17.59M | $302.2M | $168.57M | -$88.63M | $58.6M | $140.15M | -$34.09M | $37.64M | $6.61M | -$17.4M | -$14.53M | $12.91M |
| Other Non-Cash Items | $487.34M | $2.62B | $188.07M | $36.33M | $1.63B | $1.87B | $969.92M | $1.13B | $446.48M | $1.05B | $366.61M | $498.54M | $399.35M | $651.91M | $252.15M | -$273.99M | -$293.78M | $29.7M | -$131.8M | -$382 | -$46.1M | -$951 | -$44.72M | $473.32M | $23.33M | -$12.47M | $28.22M | -$22K |
| Net Cash from Operating | -$731.36M | $435.72M | -$406.56M | $1.6B | $2.65B | $1.13B | $405.35M | $1.66B | $440.49M | $849.31M | $1.45B | $678.52M | $439.8M | $460.21M | $497.01M | $486.79M | $244.29M | $515.23M | $428.32M | $72.35M | $307.48M | $348.85M | $103.46M | $272.13M | $40.36M | $58.13M | $72.58M | $52.41M |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | -$549.26M | -$673M | -$810.61M | -$867.51M | -$612.22M | -$493.84M | -$480.02M | -$484.28M | -$406.77M | -$514.45M | -$729.59M | -$954.13M | -$1.02B | -$502.57M | -$405.12M | -$305.28M | -$151.63M | -$301.03M | -$245.92M | -$170.12M | -$139.61M | -$77.38M | -$38.26M | -$73.14M | -$299.56M | -$20.39M | -$7.72M | -$14.18M |
| Acquisitions | $17.89M | $36.33M | -$13.96M | -$19.15M | $0 | $0 | $0 | $403K | -$108.83M | $6.4M | $229K | -$10K | -$15K | $0 | -$110.8M | -$168.1M | $268K | -$106.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$13.86M | $0 | $0 | -$11.63M | $0 | $0 | $0 | -$388K | -$2.63M | -$869K | $0 | $5.42M | -$4.15M | -$39K | $0 | -$3.05M | -$981K | $0 | -$240.75M | -$39.75M | -$6.08M | -$4.22M | -$12.78M | -$71.87M | $0 | $0 | $0 | -$151K |
| Sales of Investments | $18.95M | $0 | $0 | $0 | $0 | $0 | $0 | $14.49M | $80.52M | $6.86M | $437K | $61.62M | $128.04M | $0 | $0 | $45.83M | -$2.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $137.26M | $6.36M | $6.86M | $0 |
| Other Investing Activities | $0 | $13.06M | $14.85M | $13.06M | $7.27M | $6.79M | $2.88M | $24.5M | $7.1M | -$6.3M | $229K | -$3.51M | $6.39M | -$4.56M | $2.99M | $3.37M | $4.38M | $21.92M | -$153.38M | -$6.68M | -$41.72M | -$98.25M | -$31.01M | $7.4M | $38.6M | -$8.97M | -$43.5M | $5.77M |
| Net Cash from Investing | -$526.28M | -$623.61M | -$809.71M | -$885.23M | -$604.95M | -$487.05M | -$477.13M | -$445.26M | -$430.61M | -$508.35M | -$728.92M | -$890.61M | -$886.52M | -$507.18M | -$512.93M | -$427.24M | -$150.84M | -$385.57M | -$640.04M | -$216.55M | -$187.41M | -$179.85M | -$82.05M | -$137.6M | -$123.7M | -$22.99M | -$44.36M | -$8.56M |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | -$572.26M | -$78.2M | -$1.48B | -$278.08M | $1.96B | -$484.94M | $242.47M | $555.35M | $211.03M | -$6.2M | -$177.37M | -$246.32M | -$640.37M | -$209.89M | -$193.26M | -$1.05B | -$88.81M | -$532.78M | -$569.07M | -$282.14M | -$180.29M | -$447.16M | -$82.19M | $10.13M | -$122.2M | $21.96M | $28.19M | $33.45M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $673.71M | $0 | $304K | $270K | $964K | $447K | $218.22M | $0 | $2.53M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$166K | $0 | $0 | -$6.57M | -$169K | -$537 | $0 | -$33.43M | -$10.77M | -$34.4M | $0 | $0 | $0 | $0 | $0 | $111K | $0 | -$3.05M |
| Dividends Paid | $0 | -$1.07M | -$1.25M | -$241.57M | -$1.07B | -$426K | -$119.7M | -$268.4M | -$178.74M | -$357.52M | -$86.27M | -$86.28M | -$6K | -$86.26M | -$118.97M | -$19K | -$171K | -$53.86M | -$7.84M | -$61.45M | -$37.35M | -$857K | -$12.76M | -$6.97M | -$16.59M | -$22.96M | -$12.92M | -$14.51M |
| Other Financing Activities | -$11.42M | $6.8M | $106.65M | $3.76M | $0 | -$95.64M | $89.47M | $0 | $0 | $0 | $0 | $0 | $6.38M | -$3.63M | $14.41M | $0 | $0 | $1.97M | $83.59M | $54.5M | -$116.1M | -$159.42M | -$1.87M | -$107.05M | $7.35M | -$7.48M | $23.37M | -$22K |
| Net Cash from Financing | $560.84M | $83.92M | $1.59B | $40.26M | -$3.04B | $388.88M | $292.89M | -$823.74M | -$534.76M | -$493.4M | -$17.45M | $160.05M | $646.74M | $113.43M | $88.53M | -$69.49M | -$51.59M | -$555K | $273.1M | $39.13M | -$58.96M | $21.39M | $65.55M | -$121.05M | $112.95M | -$52.28M | -$17.74M | -$51.02M |
| Forex Effect | $197.52M | $246.94M | -$63.52M | -$79.45M | $67.56M | $235.23M | $3.69M | -$69.09M | $1.16M | $104.97M | -$90.91M | -$9.25M | -$12.45M | -$6.45M | -$20.94M | -$582K | -$4K | $0 | $0 | $0 | $418 | $475 | -$516 | -$60.12M | $2.04M | -$1.15M | -$1.18M | -$2.31M |
| Net Change in Cash | -$499.28M | $142.97M | $307.96M | $677.3M | -$927.31M | $1.26B | $224.79M | $317.18M | -$523.72M | -$47.46M | $616.7M | -$61.29M | $187.57M | $60.01M | $51.67M | -$10.52M | $41.86M | $129.11M | $61.37M | -$105.07M | $61.11M | $190.39M | $86.95M | -$46.65M | $31.65M | -$18.3M | $9.3M | -$9.49M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | -$731.36M | $435.72M | -$406.56M | $1.6B | $2.65B | $1.13B | $405.35M | $1.66B | $440.49M | $849.31M | $1.45B | $678.52M | $439.8M | $460.21M | $497.01M | $486.79M | $244.29M | $515.23M | $428.32M | $72.35M | $307.48M | $348.85M | $103.46M | $272.13M | $40.36M | $58.13M | $72.58M | $52.41M |
| Capital Expenditure | -$549.26M | -$673M | -$810.61M | -$867.51M | -$612.22M | -$493.84M | -$480.02M | -$484.28M | -$406.77M | -$514.45M | -$729.59M | -$954.13M | -$1.02B | -$502.57M | -$405.12M | -$305.28M | -$151.63M | -$301.03M | -$245.92M | -$170.12M | -$139.61M | -$77.38M | -$38.26M | -$73.14M | -$299.56M | -$20.39M | -$7.72M | -$14.18M |
| Free Cash Flow | -$1.28B | -$237.28M | -$1.22B | $734.38M | $2.03B | $632.24M | -$74.66M | $1.17B | $33.72M | $334.86M | $724.39M | -$275.6M | -$576.98M | -$42.37M | $91.89M | $181.5M | $92.66M | $214.19M | $182.4M | -$97.77M | $167.87M | $271.47M | $65.19M | $198.99M | -$259.2M | $37.75M | $64.86M | $38.22M |
| Cash at Beginning | $2.38B | $2.54B | $2.23B | $1.55B | $2.48B | $1.22B | $992.71M | $675.52M | $1.2B | $1.26B | $714.58M | $775.87M | $588.29M | $528.29M | $482.8M | $480.11M | $434.78M | $338.22M | $276.82M | $381.24M | $320.82M | $123.43M | $35.95M | $69.15M | $7.68M | $24.74M | $13.53M | $18.57M |
| Cash at End | $1.88B | $2.68B | $2.54B | $2.23B | $1.55B | $2.48B | $1.22B | $992.71M | $675.52M | $1.21B | $1.33B | $714.58M | $775.87M | $588.29M | $534.47M | $469.59M | $476.64M | $467.33M | $338.19M | $276.17M | $381.93M | $313.82M | $122.9M | $22.5M | $39.33M | $6.45M | $22.83M | $9.08M |