ENERGY CO OF PARANA (ELPC)
Companhia Paranaense de Energia (COPEL) is a Brazilian enterprise primarily engaged in the generation, transformation, distribution, and sale of electrical power. The company serves a diverse clientele, including industrial, residential, commercial, and agricultural sectors, throughout Brazil. Its operations are strategically divided into several key business units: Power Generation and Transmission, Power Distribution, GAS, Power Sale, and Holding and Services. Beyond its core electricity business, COPEL also provides piped natural gas distribution services. The firm manages a portfolio of power generation assets, encompassing hydroelectric, wind, and thermoelectric facilities, alongside an extensive network of transmission and distribution infrastructure. Furthermore, COPEL possesses exclusive concessions for electricity distribution across various municipalities within the State of Paraná, as well as the city of Porto União in the State of Santa Catarina. Established in 1954, Companhia Paranaense de Energia (COPEL) maintains its corporate headquarters in Curitiba, Brazil.
Sector: Electric Services
Industry: Regulated Electric
Companhia Paranaense de Energia
NYSE:ELPCUtilities · Diversified Utilities
-19.55%$11.19
AH Close$11.19+0.00%vs close
AH Close$11.19+0.00%vs close
Mkt Cap$8.31B
Float118.75M
O/S742.4M
Inst Own2.8%
SI1.3%
Div Yield7.11%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$4.58B
Net Income$471.66M
Total Assets$10.81B
Free Cash Flow$502.83M
Debt & Equity
Debt 47%
Equity 53%
Total Debt$3.63B
Total Equity$4.14B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ELPC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$10.81B
Liabilities$6.68B
Accounts Receivable$1.22B
Accounts Payable$573.84M
Inventory$31.03M
PP&E (Net)$1.51B
Goodwill$0
Intangible Assets$3.44B
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 | $4.58B | $4.05B | $3.84B | $3.67B | -$2.38B | $3.33B | $2.84B | $2.6B | $2.51B | $2.34B | $2.67B | $2.5B | $1.64B | $1.52B | $1.39B | $1.23B | $1.12B | $976.81M | $931.15M | $837.58M | $1.22B | $990.02M | $790.96M | $673.24M | $550.8M | $485.57M | $312.65M | $308.61M |
| YoY Growth | 13.0% | 5.5% | 4.6% | -254.1% | -171.5% | 17.4% | 9.1% | 3.7% | 7.0% | -12.3% | 6.8% | 52.5% | 8.1% | 9.2% | 12.7% | 10.4% | 14.5% | 4.9% | 11.2% | -31.2% | 22.9% | 25.2% | 17.5% | 22.2% | 13.4% | 55.3% | 1.3% | - |
| Cost of Revenue | $3.61B | $3.18B | $2.97B | $2.79B | $2.99B | $2.39B | $2.05B | $2.04B | $1.91B | $1.83B | $2.11B | $2.02B | $1.28B | $1.17B | $976.49M | $890.44M | $828.28M | $621.55M | $522.81M | $498.51M | $422.61M | $579.57M | $237.63M | $172.26M | $83.23M | $233.23M | $135.12M | $99.97M |
| Gross Profit | $974.26M | $875.25M | $876.47M | $882.14M | -$5.37B | $945.79M | $788.26M | $568.6M | $601.01M | $513.14M | $563.05M | $484.35M | $363.59M | $349.41M | $414.99M | $344.46M | $290.13M | $355.26M | $408.34M | $339.07M | $794.43M | $410.45M | $553.33M | $500.98M | $467.57M | $252.34M | $177.54M | $208.64M |
| Gross Margin | 21.3% | 21.6% | 22.8% | 24.0% | 225.4% | 28.4% | 27.8% | 21.8% | 23.9% | 21.9% | 21.1% | 19.3% | 22.1% | 23.0% | 29.8% | 27.9% | 25.9% | 36.4% | 43.9% | 40.5% | 65.3% | 41.5% | 70.0% | 74.4% | 84.9% | 52.0% | 56.8% | 67.6% |
| 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 | $0 | $0 |
| Selling, General, and Administrative | $166.6M | $131.83M | $189.81M | $162.72M | $189.24M | $173.44M | $151M | $128.44M | $147.21M | $172.02M | $158.44M | $113.54M | $102.82M | $101.53M | $96.99M | $69.51M | $87.5M | $47.3M | $59.05M | $76.17M | $588.92M | $201.98M | $244.18M | $198.28M | $149.89M | $80.46M | $58.93M | $81.84M |
| Other | $449K | $98.53M | $116.62M | $490.32M | -$6.09B | -$103.05M | $153.72M | $90.14M | $204.55M | $22.28M | $48.28M | $81.7M | $41.35M | $74.36M | $92.25M | $113.81M | $685K | $5M | $0 | -$14.23M | $58.86M | $55.28M | $295.66M | $246.25M | $196.96M | $70.47M | $57.51M | $54.71M |
| Total Operating Expenses | $167.05M | $230.36M | $306.42M | $653.04M | -$5.9B | $70.39M | $304.72M | $218.59M | $351.75M | $194.3M | $206.72M | $195.24M | $144.17M | $175.89M | $189.25M | $183.33M | $88.18M | $52.3M | $59.05M | $61.94M | $647.77M | $257.25M | $539.84M | $444.53M | $346.85M | $150.93M | $116.44M | $136.54M |
| Operating Income (EBIT) | $807.22M | $644.89M | $570.04M | $229.1M | $521.5M | $875.4M | $483.54M | $350.01M | $249.26M | $318.84M | $356.32M | $289.11M | $219.42M | $173.51M | $225.75M | $161.13M | $201.95M | $302.96M | $349.3M | $277.13M | $146.66M | $153.2M | $13.49M | $56.45M | $120.72M | $101.41M | $61.1M | $72.09M |
| Operating Margin | 17.6% | 15.9% | 14.8% | 6.2% | -21.9% | 26.3% | 17.0% | 13.4% | 9.9% | 13.6% | 13.3% | 11.5% | 13.4% | 11.4% | 16.2% | 13.0% | 18.1% | 31.0% | 37.5% | 33.1% | 12.1% | 15.5% | 1.7% | 8.4% | 21.9% | 20.9% | 19.5% | 23.4% |
| Interest Expense | $448.9M | $13.67M | -$132.62M | $16.35M | $7.5M | $23.49M | $43.96M | $9.17M | $15.31M | $8.41M | $6.09M | $30.63M | $2.72M | $2.64M | $3.04M | $3.45M | $59.17M | $70.55M | $67.24M | $77.75M | $88.98M | $79.97M | $29.7M | $33.79M | $13.19M | $19.96M | $0 | $0 |
| Interest Income | $121.13M | $16.6M | $16.09M | $11.42M | $6.56M | $14.66M | $14.17M | $38.41M | $25.4M | $34.74M | $38.96M | $28.02M | $28.51M | $33.76M | $103.34M | $116.71M | $60.37M | $87.43M | $70.86M | $130.49M | $70.91M | $76.5M | $58.3M | -$40.4M | $0 | $7.19M | $0 | $0 |
| Other Income (Expense) | -$237.67M | -$124.67M | -$124.53M | -$60.37M | $298.13M | $40.7M | $25.9M | -$21.11M | $0 | -$69.36M | -$53.23M | $43.3M | $50.16M | $514K | $57.68M | $85.94M | -$11.52M | -$24.71M | -$63.35M | $47.51M | -$18.36M | -$48.16M | $33.31M | -$84.32M | -$9.45M | -$538K | $8.97M | $29.16M |
| Income Before Tax (EBT) | $569.55M | $520.23M | $445.52M | $168.72M | $819.63M | $916.1M | $509.43M | $328.9M | $249.26M | $249.47M | $303.09M | $332.41M | $269.58M | $174.03M | $283.43M | $247.07M | $190.43M | $278.25M | $285.95M | $324.65M | $128.3M | $105.04M | $46.81M | -$27.87M | $111.27M | $100.87M | $70.07M | $101.25M |
| Income Tax Expense | $101.33M | $107.26M | $63.36M | -$50.3M | $210.89M | $230.01M | $120.9M | $84.31M | $49.15M | $92.99M | $95.24M | $93.41M | $72.48M | $44.02M | $72.84M | $66.29M | $45.08M | $81.98M | $82.37M | $99.79M | $35.47M | $35.09M | $15.88M | -$7.37M | $26.22M | $23.82M | $18.11M | $20.13M |
| Net Income | $471.66M | $502.76M | $404.2M | $198.98M | $886.22M | $698.63M | $356.09M | $251.78M | $184.96M | $160.29M | $198.55M | $215.8M | $191.93M | $125.38M | $207.16M | $176.76M | $141.68M | $193.03M | $198.02M | $222.37M | $89.9M | $66.14M | $28.35M | -$57.26M | $85.05M | $77.05M | $51.96M | $81.13M |
| Net Income Margin | 10.3% | 12.4% | 10.5% | 5.4% | -37.2% | 21.0% | 12.5% | 9.7% | 7.4% | 6.8% | 7.4% | 8.6% | 11.7% | 8.2% | 14.9% | 14.3% | 12.7% | 19.8% | 21.3% | 26.5% | 7.4% | 6.7% | 3.6% | -8.5% | 15.4% | 15.9% | 16.6% | 26.3% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | 14.24 | 17.28 | 2.56 | 6.52 | 4.16 | 4.43 | 2.95 | 2.25 | 1.89 | 1.39 | 2.09 | 3.05 | 2.90 | 2.10 | 4.04 | 3.28 | 2.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 14.24 | 17.28 | 2.56 | 6.52 | 4.16 | 4.43 | 2.95 | 2.25 | 1.89 | 1.39 | 2.09 | 3.05 | 2.90 | 2.10 | 4.04 | 3.28 | 2.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Weighted Average OS | 185.63M | 186.42M | 176.94M | 171.03M | 171.03M | 171.03M | 171.03M | 171.03M | 171.03M | 171.03M | 171.03M | 171.03M | 171.03M | 171.03M | 171.03M | 171.03M | 171.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | $1.28B | $796.13M | $708.9M | $405.72M | $1.01B | $1.1B | $685.48M | $462.78M | $395.48M | $384.63M | $430.24M | $453.22M | $380.24M | $275.06M | $385.18M | $347.56M | $346.19M | $421.22M | $430.13M | $470M | $276.14M | $240.28M | $129.51M | $106.98M | $171.63M | $167.62M | $118.6M | $126.8M |
| EBITDA Margin | 27.9% | 19.6% | 18.4% | 11.0% | -42.3% | 33.0% | 24.1% | 17.8% | 15.8% | 16.4% | 16.1% | 18.1% | 23.1% | 18.1% | 27.7% | 28.1% | 31.0% | 43.1% | 46.2% | 56.1% | 22.7% | 24.3% | 16.4% | 15.9% | 31.2% | 34.5% | 37.9% | 41.1% |
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 | $560.15M | $744.75M | $1.01B | $479.29M | $621.44M | $576.69M | $526.4M | $348.65M | $186.11M | $175.73M | $264.96M | $132.44M | $311.65M | $261.12M | $187.73M | $321.1M | $271.73M | $324.53M | $275.73M | $269.13M | $202.52M | $95.39M | $64.9M | $35.77M | $29.63M | $40.1M | $32.49M | $45.97M |
| Short-Term Investments | $71.82M | $39M | $3.62M | $34.14M | $71.55M | $31.3M | $64.18M | $97.71M | $30.95M | $24.45M | $215.67M | $191.18M | $69.65M | $113.72M | $104.15M | $95.57M | $65.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $631.97M | $783.75M | $1.01B | $513.43M | $692.99M | $607.99M | $590.58M | $446.36M | $217.06M | $200.19M | $480.64M | $323.62M | $381.3M | $374.83M | $291.88M | $416.67M | $337.09M | $324.53M | $275.73M | $269.13M | $202.52M | $95.39M | $64.9M | $35.77M | $29.63M | $40.1M | $32.49M | $45.97M |
| Accounts Receivable | $1.22B | $1.18B | $1.07B | $1.11B | $1.26B | $1.13B | $756.1M | $686.28M | $735.79M | $527.43M | $687.44M | $560.23M | $412.06M | $419.55M | $338.91M | $294.19M | $279.46M | $192.51M | $204.58M | $176.97M | $178.45M | $142.75M | $131.2M | $122.89M | $107.89M | $80.27M | $57.21M | $54.06M |
| Inventory | $31.03M | $24.39M | $31.27M | $34.87M | $35.39M | $29.13M | $23.34M | $20.81M | $19.78M | $23.38M | $23.44M | $26.95M | $24.92M | $22.33M | $18.57M | $21.73M | $20.06M | $11.5M | $9.34M | $9.21M | $6.55M | $5.48M | $4.87M | $3.7M | $3.34M | $2.62M | $2.34M | $2.28M |
| Other Current Assets | $51.68M | $336.74M | $329.65M | $28K | $33K | $271.73M | $39.26M | $34.19M | $40.53M | $232K | $20.34M | $19.34M | $15.64M | $20.17M | $12.26M | $10.52M | $8.87M | $110.86M | $98.78M | $83.96M | $54.88M | $52.2M | $53.25M | $15.79M | $24.36M | $6.97M | $38.18M | $32.26M |
| Total Current Assets | $1.95B | $2.33B | $2.45B | $1.67B | $2B | $2.04B | $1.42B | $1.19B | $1.02B | $758.22M | $1.22B | $933.75M | $837.5M | $837.75M | $662.45M | $744M | $646.36M | $639.39M | $588.43M | $539.27M | $442.4M | $295.82M | $254.22M | $184.54M | $172.55M | $137.86M | $130.22M | $134.57M |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $1.51B | $1.58B | $1.98B | $1.85B | $1.85B | $1.72B | $1.91B | $1.96B | $1.76B | $1.6B | $1.56B | $1.49B | $1.43B | $1.41B | $1.29B | $1.19B | $1.19B | $1.26B | $1.22B | $1.2B | $1.06B | $1.03B | $962.83M | $954.51M | $1.06B | $1.47B | $1.35B | $1.32B |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $303.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $3.44B | $2.97B | $2B | $1.84B | $1.65B | $1.24B | $1.13B | $1.08B | $1.15B | $1.16B | $1.1B | $389.05M | $364.21M | $320.15M | $308.11M | $294.19M | $23.57M | $21.14M | $20.85M | $20.9M | $7.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $710.5M | $826.2M | $853.86M | $710.84M | $678.24M | $576.84M | $527.43M | $512.4M | $532.88M | $527.26M | $439.93M | $398M | $234.14M | $124.81M | $109.47M | $92.49M | $84.09M | $83.21M | $45.63M | $41.15M | $74.14M | $72.94M | $76.15M | $89.04M | $79.35M | $0 | $0 | $0 |
| Deferred Tax Assets | $177.4M | $210.11M | $314.52M | $294.23M | $172.37M | $213.14M | $181.07M | $180.21M | $163.82M | $145.72M | $96.19M | $94.13M | $134.82M | $121.91M | $83.3M | $90.85M | $71.2M | $71.6M | $71.68M | $60.42M | $85.69M | $87.26M | $92.05M | $74.3M | $52.1M | $0 | $0 | $0 |
| Other Long-Term Assets | $3.03B | $2.34B | $2.38B | $2.53B | $2.51B | $2.58B | $1.69B | $1.52B | $1.3B | $1.23B | $749.45M | $1.28B | $1.14B | $981.95M | $918.29M | $763.04M | $598.58M | $294.99M | $282.2M | $272.87M | $281.52M | $311.16M | $286.19M | $227.07M | $88.87M | $251.01M | $230.62M | $233.59M |
| Total Long-Term Assets | $8.86B | $7.93B | $7.53B | $7.23B | $6.86B | $6.33B | $5.44B | $5.26B | $4.91B | $4.66B | $3.94B | $3.65B | $3.3B | $2.96B | $2.71B | $2.45B | $2.27B | $1.73B | $1.64B | $1.6B | $1.51B | $1.5B | $1.42B | $1.34B | $1.28B | $1.72B | $1.58B | $1.55B |
| 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 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $10.81B | $10.27B | $9.99B | $8.89B | $8.86B | $8.37B | $6.86B | $6.45B | $5.93B | $5.42B | $5.16B | $4.58B | $4.14B | $3.8B | $3.37B | $3.2B | $2.92B | $2.37B | $2.23B | $2.14B | $1.96B | $1.79B | $1.67B | $1.53B | $1.45B | $1.85B | $1.71B | $1.69B |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $573.84M | $436.17M | $403.77M | $392.78M | $481.48M | $425.93M | $314.64M | $266.11M | $312.47M | $236.53M | $299.71M | $293.85M | $204.66M | $211.2M | $141.74M | $12.76M | $15.14M | $20.47M | $15.29M | $70.18M | $207.95M | $140.17M | $72.23M | $44.54M | $48.47M | $15.21M | $15.5M | $11.61M |
| Short-Term Debt | $380.44M | $582.69M | $340.28M | $290.81M | $487.48M | $465.09M | $254.07M | $590.14M | $432.45M | $465.6M | $220.56M | $232.47M | $181.55M | $49.03M | $20.84M | $126.02M | $24.32M | $52.51M | $47.33M | $166.15M | $38.46M | $120.07M | $48.77M | $35.46M | $48.71M | $49.33M | $54.3M | $37.43M |
| Current Income Tax Payable | $0 | $69.04M | $194.06M | $188.45M | $99.92M | $239.25M | $108.84M | $116.2M | $86.17M | $69.15M | $116.82M | $86.46M | $114.07M | $93.05M | $85.85M | $204.83M | $177.87M | $0 | $40.23M | $49.64M | $58.53M | $46.23M | $55.01M | $25.94M | $28.21M | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $5.1M | $14.29M | $26.85M | $25.36M | $49.65M | $4.16M | $6.8M | $10.11M | $12.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $244.61M | $455.63M | $528.55M | $186.18M | $189.62M | $364.26M | $107.53M | $44.56M | $127.43M | $88.71M | $37.79M | $43.96M | $34.32M | $67.71M | $45.31M | $63.67M | $62.71M | $205.98M | $171.88M | $160.34M | $72.13M | $83.18M | $40.93M | $29.97M | $23.97M | $52.13M | $56.73M | $70.64M |
| Total Current Liabilities | $1.98B | $1.85B | $1.67B | $1.28B | $1.43B | $1.73B | $956.56M | $1.2B | $1.09B | $1.01B | $856.98M | $725.68M | $599.08M | $507.02M | $368.41M | $453.94M | $308.38M | $351.35M | $347.25M | $461.92M | $420.93M | $418.14M | $230.78M | $142.21M | $168.32M | $116.66M | $126.53M | $119.68M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $3.21B | $2.5B | $2.34B | $1.94B | $1.63B | $1.31B | $1.82B | $1.48B | $1.33B | $1.12B | $1.17B | $850.92M | $629.37M | $534.6M | $368.26M | $229.22M | $275.13M | $281.15M | $328.89M | $310.2M | $327.31M | $207.62M | $310.73M | $360.77M | $206.58M | $197.56M | $201.18M | $198.28M |
| 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 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $354.77M | $339.18M | $301.84M | $271.58M | $244.23M | $86.67M | $52.55M | $28.17M | $28.03M | $31.93M | $38K | $2.72M | $75.25M | $105.67M | $116M | $158.76M | $161.24M | $0 | $3.46M | $2.24M | $4.78M | $12.95M | $15.2M | $2.32M | $0 | $146.92M | $109.36M | $52.43M |
| Other Long-Term Liabilities | $1.09B | $939.18M | $1.32B | $1.59B | $1.57B | $1.6B | $869.61M | $800.56M | $710.68M | $579.97M | $544.95M | $556.42M | $518.42M | $435.81M | $359.21M | $332.58M | $291.07M | $255.23M | $216.06M | $183.42M | $195.27M | $218.3M | $240.2M | $178.45M | $176.81M | $232.15M | $224.33M | $244.6M |
| Total Long-Term Liabilities | $4.7B | $3.83B | $3.99B | $3.83B | $3.47B | $3.02B | $2.75B | $2.32B | $2.07B | $1.73B | $1.71B | $1.41B | $1.22B | $1.08B | $843.47M | $720.57M | $727.44M | $536.38M | $548.4M | $495.86M | $527.36M | $438.87M | $566.14M | $541.54M | $383.39M | $576.63M | $534.87M | $495.31M |
| 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 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $6.68B | $5.68B | $5.66B | $5.11B | $4.9B | $4.75B | $3.71B | $3.53B | $3.16B | $2.74B | $2.57B | $2.14B | $1.82B | $1.58B | $1.21B | $1.17B | $1.04B | $887.73M | $895.66M | $957.78M | $948.29M | $857.01M | $796.92M | $683.76M | $551.71M | $693.29M | $661.39M | $614.99M |
| 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 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2.29B | $2.29B | $2.29B | $1.93B | $1.93B | $1.93B | $1.93B | $1.42B | $1.42B | $1.42B | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $798.08M | $798.08M | $798.08M | $693.4M | $0 | $0 | $0 | $0 | $0 | $432.62M | $396.51M | $296.85M |
| Retained Earnings | $1.47B | $1.68B | $1.61B | $1.42B | $1.39B | $1.09B | $867.2M | $1.15B | $994.53M | $897.74M | $953.83M | $808.25M | $697.49M | $597.18M | $507.94M | $368M | $520.38M | $492.94M | $346.76M | $301.33M | $0 | $0 | $0 | $0 | $0 | $292.86M | $249.17M | $273.09M |
| Comprehensive Income & Other | $343.42M | $317.03M | $290.89M | $270.68M | $260.73M | $486.17M | $181.49M | $163.69M | $151.1M | $141.85M | $133.27M | $165.86M | $153.95M | $113.75M | $111.13M | $85.59M | $76.75M | $150.01M | $150.01M | $146.25M | $359.17M | $291.28M | $350.41M | $326.76M | $612.9M | $0 | $0 | $0 |
| Other Stockholders' Equity | $374.67M | $624.35M | $369.32M | $376.86M | $581.91M | $549.4M | $287.41M | $304.27M | $311.36M | $320.52M | $343.95M | $340.68M | $329.88M | $331.06M | $371.87M | $369.26M | $523.92M | $150.01M | $150.01M | $146.25M | $981.89M | $914M | $869.34M | $845.69M | $902.83M | $436.17M | $399.77M | $500.48M |
| Total Equity | $4.14B | $4.59B | $4.27B | $3.73B | $3.91B | $3.57B | $3.09B | $2.87B | $2.72B | $2.63B | $2.53B | $2.39B | $2.26B | $2.16B | $2.12B | $1.97B | $1.84B | $1.44B | $1.29B | $1.14B | $981.89M | $914M | $869.34M | $845.69M | $902.83M | $1.16B | $1.05B | $1.07B |
| Minority Interest | -$6.81M | -$6.76M | $54.67M | $56.16M | $60.52M | $52.14M | $61.88M | $54.27M | $54.16M | $46.53M | $56.9M | $63M | $49.64M | $47.33M | $43.45M | $47.55M | $40.86M | $42.87M | $41.43M | $36.85M | $25.67M | $21.62M | $5.18M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $10.82B | $10.28B | $9.93B | $8.84B | $8.8B | $8.32B | $6.79B | $6.4B | $5.88B | $5.37B | $5.1B | $4.52B | $4.09B | $3.75B | $3.33B | $3.15B | $2.88B | $2.33B | $2.19B | $2.1B | $1.93B | $1.77B | $1.67B | $1.53B | $1.45B | $1.85B | $1.71B | $1.69B |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $3.63B | $3.14B | $2.73B | $2.28B | $2.15B | $1.8B | $2.09B | $2.09B | $1.76B | $1.58B | $1.39B | $1.08B | $810.92M | $583.63M | $389.1M | $355.24M | $299.45M | $333.66M | $376.22M | $476.35M | $365.78M | $327.7M | $359.5M | $396.23M | $255.29M | $246.89M | $255.48M | $235.71M |
| Net Debt | $3.07B | $2.4B | $1.72B | $1.8B | $1.53B | $1.23B | $1.56B | $1.74B | $1.57B | $1.41B | $1.12B | $950.95M | $499.27M | $322.51M | $201.37M | $34.15M | $27.72M | $9.14M | $100.49M | $207.22M | $163.26M | $232.3M | $294.6M | $360.46M | $225.66M | $206.79M | $222.99M | $189.74M |
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 | $468.34M | $76.94M | $74.06M | $41.12M | $124.78M | $132.82M | $369.13M | $258.39M | $200.1M | $156.48M | $207.85M | $239M | $197.09M | $130.01M | $210.59M | $180.78M | $145.35M | $193.03M | $198.02M | $222.37M | $89.9M | $66.95M | $28.35M | -$57.26M | $85.05M | $77.05M | $51.96M | $81.13M |
| Depreciation & Amortization | $259.96M | $262.24M | $247.31M | $220.65M | $182.04M | $180.72M | $170.12M | $124.71M | $130.91M | $126.74M | $121.05M | $112.72M | $107.94M | $98.39M | $98.72M | $97.03M | $96.59M | $72.43M | $76.94M | $67.6M | $58.86M | $55.28M | $53.01M | $50.53M | $50.9M | $46.79M | -$57.51M | -$54.71M |
| Deferred Income Tax | $66.91M | $13.99M | -$611K | -$22.49M | $26.21M | $864K | $120.9M | $84.26M | $49.15M | $92.99M | $95.24M | $93.41M | $72.48M | $44.02M | $72.84M | $66.29M | -$6.95M | $18.98M | -$13.57M | $10.37M | -$8.95M | $5.48M | -$7.78M | -$19.88M | -$12.75M | -$5.52M | -$2.92M | -$5.77M |
| Stock-Based Compensation | $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 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||
| Accounts Receivable | $21.25M | $6.07M | $437K | $47.38M | -$19.54M | $304K | $22.48M | $90.87M | -$23.83M | $89.07M | -$138.45M | -$112.74M | $26.68M | $5.16M | -$32.64M | $29.42M | -$924K | $8.81M | -$5.4M | -$36.33M | -$37.39M | -$6.06M | -$13.59M | -$9.18M | -$33.79M | -$28.34M | -$878K | -$1.43M |
| Inventory | -$6.5M | $1.27M | $671K | $254K | -$1.02M | -$1.39M | -$2.44M | -$945K | $3.59M | $68K | $3.51M | -$2.03M | -$2.59M | -$3.76M | $3.15M | -$1.67M | -$5.11M | -$2.16M | -$134K | -$2.66M | -$1.07M | -$611K | -$1.16M | -$358K | -$782K | -$362K | -$62K | -$1.06M |
| Accounts Payable | $77.39M | $2.41M | $699K | -$12.03M | -$1.77M | $10.13M | $34.5M | -$114.54M | $112.5M | -$235.39M | -$41.01M | $7.61M | -$50.44M | $25.54M | -$26.24M | -$17.21M | -$1.52M | $28.52M | -$7.72M | -$127.53M | $56.38M | $59.35M | $24.88M | -$9.66M | $33.26M | -$200K | $3.89M | $842K |
| Other Working Capital | $106.21M | -$7.26M | $19.16M | $29.74M | $111.03M | $39.7M | -$40.58M | $85.83M | -$47.65M | -$44.87M | $204.63M | -$51.94M | -$44.22M | -$99.15M | -$138.3M | -$149.95M | -$49.1M | -$32.21M | -$69.53M | -$53.92M | $34.79M | -$15.38M | -$44.66M | -$46.83M | -$43.44M | -$9.73M | -$12.66M | -$3.97M |
| Total Working Capital Change | $198.35M | $2.51M | $20.97M | $65.34M | $88.71M | $48.75M | $13.96M | $61.22M | $44.61M | -$191.12M | $28.69M | -$159.1M | -$70.57M | -$72.2M | -$194.03M | -$139.41M | -$56.65M | $2.97M | -$82.78M | -$220.44M | $52.71M | $37.29M | -$34.53M | -$66.03M | -$44.75M | -$38.64M | -$9.71M | -$5.62M |
| Other Non-Cash Items | -$462.29M | -$243.03M | -$215.68M | -$169.4M | -$309.43M | -$226.44M | -$147.13M | -$211.68M | -$247.77M | $79.17M | -$216.5M | -$90.74M | -$67.59M | $53.77M | $17.44M | $18.58M | $43.76M | -$8.08M | $64.27M | $83.21M | $3.45M | -$121.68M | $57.37M | $119.45M | $24.83M | $27.56M | $162.94M | $134.59M |
| Net Cash from Operating | $531.27M | $112.64M | $126.05M | $135.22M | $112.31M | $136.71M | $526.99M | $316.9M | $177.01M | $264.26M | $236.33M | $195.29M | $239.35M | $253.98M | $205.55M | $223.27M | $222.1M | $279.33M | $242.87M | $163.11M | $195.96M | $43.32M | $96.42M | $26.81M | $103.28M | $107.25M | $144.77M | $149.62M |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | -$36.12M | -$140.6M | -$7.82M | -$13.52M | -$11.36M | -$8.21M | -$65.83M | -$216.33M | -$215.72M | -$229.84M | -$134.66M | -$160.08M | -$75.2M | -$156.67M | -$147.08M | -$63.23M | -$43.62M | -$124.85M | -$92.42M | -$101.63M | -$119.69M | -$72.33M | -$57.21M | -$54.33M | -$60.72M | -$68.4M | -$129.28M | -$166.11M |
| Acquisitions | -$33.41M | $0 | -$32.65M | -$625K | -$16.64M | $0 | -$15.88M | $7.74M | $0 | $13.42M | $0 | $26.8M | -$11.72M | $0 | $0 | $0 | $0 | -$19.5M | -$249K | -$76.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$186.09M | -$1.09M | -$1.96M | -$167K | -$2.82M | -$4.19M | -$23.96M | -$22.79M | -$44.42M | -$90.38M | -$94.59M | -$131.03M | -$92.93M | -$37.33M | -$14.73M | -$32.94M | -$1.82M | -$31.86M | -$2.32M | $0 | -$484K | -$6.67M | -$7.53M | -$17.14M | -$18.92M | -$4.92M | -$7.83M | -$53.68M |
| Sales of Investments | $456.36M | $3.17M | $2.08M | $1.53M | $0 | $8K | $8.08M | $0 | $95.4M | $2.45M | $13.76M | $0 | $50M | $0 | $0 | $0 | $13.59M | $14.55M | $0 | $978K | $26K | $72K | $15.8M | $125K | $4.09M | $0 | $6K | $0 |
| Other Investing Activities | -$509.38M | -$51.99M | -$71.96M | -$83.37M | $31.89M | -$45.47M | -$200.11M | -$153.2M | -$118.2M | -$144.98M | -$133.73M | -$194.27M | -$203.72M | -$133.06M | -$129.79M | -$106.37M | -$125.06M | $20.01M | -$4.61M | $6.75M | $6.96M | $78.87M | $3.16M | $6.08M | $8.36M | $8.25M | $3.41M | $5.72M |
| Net Cash from Investing | -$308.64M | -$190.51M | -$112.31M | -$96.15M | $1.06M | -$57.85M | -$297.7M | -$384.57M | -$282.94M | -$449.34M | -$349.23M | -$458.57M | -$333.57M | -$327.06M | -$291.59M | -$202.53M | -$156.91M | -$141.64M | -$99.6M | -$170.18M | -$113.18M | -$58K | -$45.78M | -$65.27M | -$67.19M | -$65.07M | -$133.69M | -$214.07M |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | $19.39M | -$285.06M | -$206.92M | -$161.86M | -$300.45M | -$203.77M | -$250.6M | -$186.79M | -$30.02M | -$58.69M | $40.47M | $40.75M | $84.28M | -$94.79M | -$42.22M | $33.65M | $12.63M | -$70.99M | $11.46M | -$11.12M | -$6.6M | $18.44M |
| Common Stock Issuance | $0 | $0 | $72.25M | $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 |
| Common Stock Repurchases | -$12.29M | -$1.66M | $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 |
| Dividends Paid | -$442.56M | -$52.66M | -$26.88M | -$75.11M | -$128.48M | -$21.73M | -$68.07M | -$53.81M | -$90.62M | -$66.02M | -$55.03M | -$119.71M | -$105.85M | -$40.21M | -$71.77M | -$35.57M | -$73.96M | -$48.14M | -$52.4M | -$21.11M | -$17.87M | -$9.48M | -$55K | -$9.92M | -$37.7M | -$29.53M | -$27.93M | -$18.5M |
| Other Financing Activities | -$12.21M | -$2.68M | $265K | -$2.09M | -$1.76M | -$2.3M | $35.92M | -$1.04M | $0 | $0 | $0 | $0 | $0 | $0 | -$5.51M | $5.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.2M | $0 |
| Net Cash from Financing | -$403.6M | $26.68M | $96.6M | -$66.6M | -$95.65M | -$59.5M | -$51.54M | $230.21M | $116.31M | $95.84M | $245.42M | $84.07M | $144.75M | $146.58M | -$47.26M | $28.63M | -$88.62M | -$88.89M | -$136.68M | $73.68M | $24.35M | -$43.13M | -$23.68M | $44.6M | -$46.56M | -$34.37M | -$24.53M | -$36.94M |
| Forex Effect | $80.58M | -$35.83M | $6.45M | $6.73M | -$17.18M | -$39.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$100.39M | -$87.01M | $116.79M | -$20.8M | $542K | -$19.83M | $177.75M | $162.54M | $10.38M | -$89.23M | $132.52M | -$179.21M | $50.54M | $73.5M | -$133.31M | $49.37M | -$23.43M | $48.8M | $6.6M | $66.61M | $107.13M | $134K | $26.95M | $6.15M | -$10.47M | $7.81M | -$13.45M | -$101.39M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | $531.27M | $112.64M | $126.05M | $135.22M | $112.31M | $136.71M | $526.99M | $316.9M | $177.01M | $264.26M | $236.33M | $195.29M | $239.35M | $253.98M | $205.55M | $223.27M | $222.1M | $279.33M | $242.87M | $163.11M | $195.96M | $43.32M | $96.42M | $26.81M | $103.28M | $107.25M | $144.77M | $149.62M |
| Capital Expenditure | -$28.44M | -$4.57M | -$7.34M | -$13.23M | -$11.21M | -$7.85M | -$66.67M | -$217.61M | -$359.99M | -$396.03M | -$308.02M | -$384.57M | -$307.66M | -$309.09M | -$293.76M | -$185.55M | -$165.37M | -$126.36M | -$93.21M | -$102.65M | -$119.69M | -$72.33M | -$57.21M | -$54.33M | -$60.72M | -$68.4M | -$129.28M | -$166.11M |
| Free Cash Flow | $502.83M | $108.07M | $118.71M | $121.99M | $101.1M | $128.86M | $460.31M | $99.29M | -$182.98M | -$131.76M | -$71.68M | -$189.28M | -$68.3M | -$55.11M | -$88.21M | $37.72M | $56.73M | $152.98M | $149.66M | $60.46M | $76.27M | $43.32M | $39.2M | -$27.52M | $42.57M | $38.86M | $15.49M | -$16.5M |
| Cash at Beginning | $660.26M | $207.57M | $90.78M | $111.57M | $111.03M | $130.86M | $348.65M | $186.11M | $175.73M | $264.96M | $132.44M | $311.65M | $261.12M | $187.61M | $320.92M | $271.73M | $295.16M | $275.73M | $269.13M | $202.52M | $95.39M | $453K | $37.95M | $29.63M | $40.1M | $32.29M | $45.94M | $147.36M |
| Cash at End | $559.87M | $120.55M | $207.57M | $90.78M | $111.57M | $111.03M | $526.4M | $348.65M | $186.11M | $175.73M | $264.96M | $132.44M | $311.65M | $261.12M | $187.61M | $321.1M | $271.73M | $324.53M | $275.73M | $269.13M | $202.52M | $587K | $64.9M | $35.77M | $29.63M | $40.1M | $32.49M | $45.97M |