Navios Maritime Partners L.P. (NMM)
Navios Maritime Partners L.P. is a company that manages and possesses vessels specialized in dry cargo, delivering vital marine shipping solutions across global markets including Asia, Europe, North America, and Australia. The firm facilitates the ocean-borne transport of a diverse array of liquid and dry bulk materials, encompassing everything from crude oil, refined petroleum products, and chemicals to iron ore, coal, grain, fertilizers, and containerized freight. Its substantial fleet consists of 26 Panamax carriers, 24 Capesize ships, four Ultra-Handymax vessels, 47 containerships, and 45 tankers, which are operated under various short, medium, and long-term charter arrangements. Olympos Maritime Ltd. functions as the general partner for Navios Maritime Partners L.P., an entity that commenced operations in 2007 and maintains its principal offices in Monaco.
Sector: Deep Sea Foreign Transportation of Freight
Industry: Marine Shipping
Navios Maritime Partners L.P.
NYSE:NMMIndustrials · Marine Shipping
+1.23%$89.37
AH Close$89.37+0.00%vs close
AH Close$89.37+0.00%vs close
Mkt Cap$2.59B
Float23.91M
O/S28.93M
Inst Own34.1%
SI2.1%
Div Yield0.25%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.34B
Net Income$285.33M
Total Assets$5.93B
Free Cash Flow-$35.99M
Debt & Equity
Debt 42%
Equity 58%
Total Debt$2.38B
Total Equity$3.34B
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:15Reverse splitMay 21, 201915 shares → 1
Balance Sheet Details
Assets$5.93B
Liabilities$2.59B
Accounts Receivable$34.07M
Accounts Payable$6.88M
Inventory$31.94M
PP&E (Net)$4.61B
Goodwill$0
Intangible Assets$3.23M
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 | $1.34B | $1.33B | $1.31B | $1.21B | $713.17M | $226.77M | $219.38M | $231.36M | $211.65M | $190.52M | $223.68M | $227.36M | $198.16M | $205.44M | $186.95M | $143.23M | $92.64M | $75.08M | $50.35M | $31.55M | $9.23M |
| YoY Growth | 0.8% | 2.1% | 8.0% | 69.7% | 214.5% | 3.4% | -5.2% | 9.3% | 11.1% | -14.8% | -1.6% | 14.7% | -3.5% | 9.9% | 30.5% | 54.6% | 23.4% | 49.1% | 59.6% | 241.8% | - |
| Cost of Revenue | $476.69M | $452.07M | $447.5M | $381.2M | $178.22M | $77.42M | $72.57M | $143.41M | $151.4M | $163.63M | $143.68M | $162.33M | $128.62M | $116.27M | $103.85M | $73.04M | $47.3M | $33.32M | $24.25M | $15.22M | $2.49M |
| Gross Profit | $867.45M | $882M | $859.39M | $829.32M | $534.96M | $149.36M | $146.81M | $87.95M | $60.25M | $26.89M | $80M | $63.85M | $69.54M | $89.16M | $83.11M | $70.19M | $45.34M | $41.77M | $26.1M | $16.54M | $1.17M |
| Gross Margin | 64.5% | 66.1% | 65.8% | 68.5% | 75.0% | 65.9% | 66.9% | 38.0% | 28.5% | 14.1% | 35.8% | 28.1% | 35.1% | 43.4% | 44.5% | 49.0% | 48.9% | 55.6% | 51.8% | 52.4% | 12.7% |
| 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 | $476.41M | $434.32M | $412.21M | $379.2M | $232.91M | $117.74M | $89.17M | $18.46M | $18.66M | $12.35M | $7.93M | $7.84M | $6.3M | $5.55M | $4.96M | $4.3M | $3.21M | $3.8M | $1.42M | $698K | $168K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.92M | $0 |
| Total Operating Expenses | $476.41M | $434.32M | $412.21M | $379.2M | $232.91M | $117.74M | $89.17M | $18.46M | $18.66M | $12.35M | $7.93M | $7.84M | $6.3M | $5.55M | $4.96M | $4.3M | $3.21M | $3.8M | $1.42M | $3.62M | $168K |
| Operating Income (EBIT) | $391.04M | $447.67M | $447.17M | $450.12M | $302.05M | $31.61M | $57.64M | $69.49M | $41.59M | $14.54M | $72.07M | $56.02M | $63.23M | $83.61M | $78.14M | $65.89M | $42.13M | $37.97M | $24.68M | $12.92M | $1M |
| Operating Margin | 29.1% | 33.6% | 34.2% | 37.2% | 42.4% | 13.9% | 26.3% | 30.0% | 19.7% | 7.6% | 32.2% | 24.6% | 31.9% | 40.7% | 41.8% | 46.0% | 45.5% | 50.6% | 49.0% | 41.0% | 10.8% |
| Interest Expense | $134.78M | $124.53M | $133.64M | $83.09M | $42.76M | $24.16M | $45.25M | $42.77M | $38.23M | $31.25M | $31.72M | $28.76M | $16.91M | $10.13M | $9.24M | $6.36M | $8.05M | $9.22M | $5.52M | $6.29M | $81K |
| Interest Income | $12.81M | $13.8M | $10.7M | $856K | $859K | $639K | $6.17M | $4.41M | $3.28M | $541K | $222K | $243K | $50K | $229K | $821K | $1.02M | $261K | $301K | $0 | $0 | $0 |
| Other Income (Expense) | -$105.71M | -$80.36M | -$13.53M | $129.13M | $209.23M | -$100.15M | -$119.77M | -$82.58M | -$56.45M | -$67.09M | -$30.26M | $18.84M | -$4.23M | $12.29M | -$12.8M | -$5.38M | -$7.81M | -$9.21M | -$5.66M | -$6.3M | -$81K |
| Income Before Tax (EBT) | $285.33M | $367.31M | $433.64M | $579.25M | $511.27M | -$68.54M | -$62.13M | -$13.08M | -$14.85M | -$52.55M | $41.8M | $74.85M | $59.01M | $95.9M | $78.14M | $65.89M | $34.32M | $28.76M | $19.02M | $16.53M | $0 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $74.95M | $0 | $0 | $12.8M | $15.07M | $13.89M | $19.06M | -$485K | $9.92M | $533K |
| Net Income | $285.33M | $359.87M | $424.97M | $567.66M | $505.86M | -$68.54M | -$62.13M | -$13.08M | -$14.79M | -$51.5M | $39.83M | $71.22M | $55.95M | $93.57M | $64.03M | $59.29M | $33.6M | $28.14M | $19.12M | $6.49M | $919K |
| Net Income Margin | 21.2% | 27.0% | 32.5% | 46.9% | 70.9% | -30.2% | -28.3% | -5.7% | -7.0% | -27.0% | 17.8% | 31.3% | 28.2% | 45.5% | 34.2% | 41.4% | 36.3% | 37.5% | 38.0% | 20.6% | 10.0% |
| Supplementary Data | |||||||||||||||||||||
| EPS | 9.59 | 11.98 | 14.08 | 18.82 | 22.36 | -6.25 | -5.85 | -1.21 | -1.71 | -9.48 | 7.20 | 13.95 | 12.60 | 24.15 | 16.80 | 17.70 | 22.05 | 22.95 | 2.25 | 5.40 | 3.35 |
| Diluted EPS | 9.59 | 11.98 | 14.08 | 18.82 | 22.32 | -6.25 | -5.85 | -1.21 | -1.65 | -9.30 | 7.20 | 13.95 | 12.60 | 24.15 | 16.80 | 17.70 | 22.05 | 22.95 | 2.25 | 5.40 | 3.35 |
| Weighted Average OS | 29.75M | 30.03M | 30.18M | 30.16M | 22.62M | 10.97M | 10.83M | 10.82M | 8.84M | 5.54M | 5.65M | 5.26M | 4.68M | 3.87M | 3.60M | 2.88M | 1.14M | 1.25M | 1.23M | 1.23M | 1.23M |
| EBITDA | $769.05M | $780.94M | $837.35M | $868.07M | $666.45M | $88.62M | $111.27M | $127.83M | $114.35M | $106.91M | $148M | $151.84M | $140.74M | $155.23M | $142.11M | $107.06M | $58.01M | $50.63M | $34.05M | $21.18M | $1.95M |
| EBITDA Margin | 57.2% | 58.5% | 64.1% | 71.7% | 93.4% | 39.1% | 50.7% | 55.3% | 54.0% | 56.1% | 66.2% | 66.8% | 71.0% | 75.6% | 76.0% | 74.7% | 62.6% | 67.4% | 67.6% | 67.1% | 21.1% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $402.78M | $270.17M | $240.38M | $157.81M | $159.47M | $19.3M | $23.35M | $58.59M | $24.05M | $25.09M | $34.54M | $100.45M | $36.52M | $32.13M | $29.17M | $34.08M | $26.7M | $28.37M | $797K | $0 | $0 |
| Short-Term Investments | $10.48M | $12.29M | $47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13.95M | $27.37M | $18.02M | $64.5M | $0 | $10.1M | $0 | $0 |
| Cash and Short-Term Investments | $413.27M | $282.45M | $287.38M | $157.81M | $159.47M | $19.3M | $23.35M | $58.59M | $24.05M | $25.09M | $34.54M | $100.45M | $36.52M | $32.13M | $56.55M | $52.1M | $91.2M | $28.37M | $10.89M | $0 | $0 |
| Accounts Receivable | $34.07M | $33.4M | $42.24M | $75.03M | $23.77M | $16.97M | $11.29M | $14.44M | $14.12M | $10.02M | $4M | $13.28M | $16.3M | $7.78M | $4.83M | $936K | $602K | $313K | $381K | $6.26M | $0 |
| Inventory | $31.94M | $32.79M | $37.57M | $32.67M | $21.07M | $6.27M | $6.28M | $1M | $220K | $220K | $1.16M | $826K | $1.17M | $0 | $0 | $0 | $0 | $0 | $0 | $483K | $0 |
| Other Current Assets | $32.77M | $94.34M | $32.57M | $44.91M | $22.03M | $18.24M | $35.06M | $37.08M | $21.92M | $28.75M | $7.93M | $1.6M | $1.67M | $30.12M | $1.92M | $2.11M | $0 | $0 | $0 | $0 | $7.55M |
| Total Current Assets | $512.05M | $442.99M | $399.75M | $310.42M | $226.34M | $60.78M | $75.99M | $111.11M | $60.31M | $56.35M | $39.84M | $115.2M | $54.48M | $70.03M | $63.56M | $55.61M | $92.58M | $29.06M | $11.31M | $6.96M | $7.55M |
| Long-Term Assets | |||||||||||||||||||||
| Property, Plant & Equipment Net | $4.61B | $4.49B | $4.01B | $4.1B | $3.1B | $1.05B | $1.08B | $1.04B | $1.1B | $1.04B | $1.23B | $1.14B | $1.03B | $721.39M | $667.21M | $612.36M | $299.69M | $291.34M | $135.98M | $143.83M | $96.3M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $3.23M | $42.31M | $60.43M | $78.72M | $100.42M | $2M | $3.17M | $4.33M | $8.08M | $18.95M | $55.34M | $74.06M | $119.41M | $160.48M | $176.58M | $170.09M | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $26.16M | $25.73M | $66.3M | $52.12M | $9.79M | $2.84M | $1.27M | $34.21M | $0 | $0 | $0 | $2.5M | $0 | $0 | $0 | $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 |
| Other Long-Term Assets | $804.88M | $702.84M | $681.75M | $406.19M | $199.63M | $63.91M | $72.14M | $89.14M | $85.78M | $146.28M | $22.23M | $9.51M | $49.54M | -$881.87M | $2.57M | $2.82M | $5.45M | $9.21M | $9.53M | $931K | $15.14M |
| Total Long-Term Assets | $5.42B | $5.23B | $4.75B | $4.59B | $3.4B | $1.15B | $1.18B | $1.2B | $1.24B | $1.21B | $1.31B | $1.23B | $1.2B | $881.87M | $846.37M | $785.27M | $348.01M | $300.55M | $201.46M | $145.29M | $111.44M |
| 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 | $5.93B | $5.67B | $5.15B | $4.9B | $3.62B | $1.21B | $1.25B | $1.31B | $1.31B | $1.27B | $1.35B | $1.35B | $1.25B | $954.95M | $909.92M | $840.88M | $440.59M | $329.61M | $212.77M | $152.24M | $118.99M |
| Liabilities | |||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||
| Accounts Payable | $6.88M | $9.63M | $17.1M | $16.76M | $10.61M | $2.68M | $4.58M | $1.74M | $1.1M | $766K | $329K | $1.57M | $1.19M | $496K | $2.02M | $1.08M | $518K | $2.13M | $5.03M | $724K | $0 |
| Short-Term Debt | $134.42M | $163.23M | $146.34M | $174.14M | $172.85M | $195.56M | $59.78M | $26.8M | $26.59M | $74.03M | $23.34M | $16.43M | $5.36M | $0 | $36.7M | $29.2M | $0 | $40M | $0 | $7.89M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19.02M | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.92M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $84.84M | $66.21M | $95.33M | $143.63M | $88.13M | $39.16M | $4.5M | $15.26M | $15.14M | $17.2M | $6.07M | $4.31M | $3.2M | $59.78M | $7.06M | $15.15M | $12.83M | $5.81M | $6.04M | $2.86M | $6.06M |
| Total Current Liabilities | $455.15M | $409.67M | $459.6M | $617.74M | $395.5M | $253.25M | $79.78M | $52.33M | $54.25M | $98.95M | $41.53M | $32.27M | $15.61M | $60.28M | $56.7M | $45.42M | $13.35M | $46.4M | $6.61M | $11.48M | $6.06M |
| Long-Term Liabilities | |||||||||||||||||||||
| Long-Term Debt | $1.27B | $917.1M | $751.78M | $689.69M | $640.94M | $228.54M | $429.25M | $480.68M | $466.88M | $449.75M | $574.74M | $564.64M | $527.97M | $275.98M | $289.35M | $292.3M | $195M | $195M | $165M | $69.86M | $65.1M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.23M | $10.99M | $17.75M | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $61.2M | $79.24M | $100.48M | $109.39M | $125.98M | $2.19M | $3.31M | $4.37M | $16.47M | $39.68M | $1.81M | $0 | $0 | -$275.98M | $0 | $665K | $2.66M | $4.66M | $6.66M | $70.9M | -$1.25M |
| Total Long-Term Liabilities | $2.13B | $2.16B | $1.92B | $1.94B | $1.46B | $299.19M | $445.71M | $485.05M | $483.35M | $489.42M | $576.55M | $564.64M | $527.97M | $275.98M | $293.58M | $303.96M | $215.41M | $199.66M | $171.66M | $140.77M | $63.85M |
| 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 | $2.59B | $2.57B | $2.38B | $2.55B | $1.85B | $552.44M | $525.5M | $537.38M | $537.59M | $588.37M | $618.08M | $596.92M | $543.57M | $336.26M | $350.29M | $349.38M | $228.77M | $246.06M | $178.27M | $152.24M | $69.91M |
| 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 |
| Common Stock | $3.34B | $3.11B | $2.77B | $2.34B | $1.77B | $654.83M | $728.02M | $806.18M | $797.13M | $680.21M | $732.22M | $749.1M | $706.51M | $618.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Comprehensive Income & Other | -$2.26M | $0 | $0 | $0 | $0 | $0 | $0 | -$29.42M | -$29.42M | $0 | $0 | $744.08M | $702.48M | $616.6M | $557.66M | $489.82M | $211.82M | $83.55M | $34.51M | $70.9M | $49.08M |
| Other Stockholders' Equity | -$2.26M | $0 | $0 | $0 | $0 | $0 | $0 | -$29.42M | -$29.42M | $0 | $0 | $0 | $0 | $0 | $557.66M | $489.82M | $211.82M | $83.55M | $34.51M | $70.9M | $49.08M |
| Total Equity | $3.34B | $3.11B | $2.77B | $2.34B | $1.77B | $654.83M | $728.02M | $776.75M | $767.71M | $680.21M | $732.22M | $749.1M | $706.51M | $618.69M | $557.66M | $489.82M | $211.82M | $83.55M | $34.51M | $70.9M | $49.08M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.13M | $4.17M | $5.02M | $4.03M | $2.09M | $1.98M | $1.69M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.93B | $5.67B | $5.15B | $4.9B | $3.62B | $1.21B | $1.25B | $1.31B | $1.31B | $1.27B | $1.35B | $1.35B | $1.25B | $954.95M | $907.95M | $839.2M | $440.59M | $329.61M | $212.77M | $223.15M | $118.99M |
| Supplementary Data | |||||||||||||||||||||
| Total Debt | $2.38B | $2.37B | $2.13B | $2.26B | $1.61B | $500.01M | $503.23M | $507.49M | $493.46M | $523.78M | $598.08M | $575.97M | $533.32M | $0 | $326.05M | $321.5M | $195M | $239.66M | $171.66M | $77.76M | $65.1M |
| Net Debt | $1.97B | $2.1B | $1.89B | $2.1B | $1.45B | $480.71M | $479.87M | $448.89M | $469.42M | $498.69M | $563.54M | $476.48M | $496.8M | $0 | $296.88M | $287.42M | $168.3M | $211.28M | $164.2M | $77.76M | $65.1M |
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 | $279.34M | $367.31M | $433.64M | $579.25M | $511.27M | -$68.54M | -$62.13M | -$13.08M | -$14.85M | -$52.55M | $41.8M | $74.85M | $59.01M | $95.9M | $65.33M | $60.51M | $34.32M | $28.76M | $19.51M | $6.62M | $4.11M |
| Depreciation & Amortization | $348.93M | $289.1M | $270.06M | $205.73M | $112.42M | $57.01M | $53.63M | $58.33M | $72.76M | $92.37M | $75.93M | $95.82M | $77.5M | $71.62M | $63.97M | $41.17M | $15.88M | $12.66M | $9.38M | $8.25M | $948K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$114.46M | $78.84M | $76.75M | $40.44M | $34.57M | $44.55M | $0 | $0 | $0 | $0 | $0 | $0 | $1.1M | $0 | -$485K | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $4K | $154K | $523K | $946K | $2.02M | $2.45M | $1.9M | $93K | $0 | $0 | $0 | $0 | $0 | $0 | $6.08M | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||
| Accounts Receivable | $35.95M | $12.46M | $33.95M | -$46.56M | $344K | -$6.5M | $4.65M | -$315K | -$6.07M | -$6.02M | $9.28M | $3.02M | -$8.52M | -$2.94M | -$3.9M | -$334K | -$338K | $68K | -$249K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | -$65.93M | $49.09M | $10.77M | -$17.06M | -$30.63M | -$15.38M | $5.89M | $1.35M | -$22.15M | $19.87M | $2.88M | -$1.03M | -$621K | $0 | $1.93M | $0 | $0 |
| Accounts Payable | $128K | -$7.73M | -$1.63M | $3.4M | $1.26M | -$2.32M | $2.5M | $1.12M | $1.63M | $570K | -$1.12M | $653K | $1.08M | $68K | $946K | $558K | -$76K | $24K | -$155K | $0 | $0 |
| Other Working Capital | -$132.03M | -$20.89M | -$157.22M | -$30.77M | $17.74M | -$1.31M | $213K | $113K | -$1.76M | -$6.29M | $1.36M | $1.54M | -$6.12M | -$6.24M | -$6.34M | -$5.37M | $24.17M | -$125K | -$20.83M | -$1.15M | -$4.75M |
| Total Working Capital Change | -$95.96M | -$16.15M | -$124.89M | -$73.92M | -$46.58M | $38.97M | $18.14M | -$16.14M | -$36.84M | -$27.12M | $15.41M | $6.56M | -$35.7M | $10.75M | -$6.41M | -$6.17M | $23.14M | -$33K | -$19.3M | -$1.15M | -$4.75M |
| Other Non-Cash Items | -$27.33M | -$156.78M | -$18.5M | -$204.87M | -$186M | -$13.13M | -$18.01M | -$3.68M | -$3.6M | -$826K | -$9.78M | -$5.58M | $4.04M | $812K | $4.57M | $507K | $49K | $355K | $938K | $769K | $211K |
| Net Cash from Operating | $504.99M | $483.48M | $560.32M | $506.34M | $277.17M | $94.09M | $70.39M | $68.32M | $53.93M | $56.53M | $123.37M | $171.66M | $104.84M | $179.08M | $127.46M | $96.02M | $80.56M | $41.74M | $10.52M | $14.5M | $520K |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | -$540.98M | -$1.01B | -$465.02M | -$610.58M | -$278.88M | -$83.1M | -$23.7M | -$118.75M | -$161.02M | -$15.34M | -$147.83M | -$156.23M | -$348.46M | -$109.7M | -$120M | -$447.76M | -$69.1M | -$69.5M | $0 | -$36.98M | -$73.56M |
| Acquisitions | $191.12M | $0 | $0 | $9.86M | $42.68M | -$72.42M | -$21.17M | -$14.46M | -$145.64M | $0 | -$794K | $0 | -$500K | $0 | $0 | $0 | $0 | -$69.5M | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$14.46M | -$10M | $0 | -$794K | $0 | -$500K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $1.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $123.82M | $20.84M | $794K | $0 | $1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $225M | $212M | $284.48M | $129.95M | $71.67M | $27.83M | $65.33M | $5.63M | -$450K | -$771K | $32.96M | -$34.21M | -$21.19M | -$120M | -$447.76M | -$69.1M | $69.5M | $0 | $0 | -$2.5M |
| Net Cash from Investing | -$348.05M | -$782.13M | -$253.01M | -$316.24M | -$106.25M | -$83.85M | -$17.03M | -$67.89M | -$187.21M | $5.05M | -$149.4M | -$123.27M | -$382.67M | -$109.7M | -$120M | -$447.76M | -$69.1M | -$69.5M | $0 | -$36.98M | -$76.06M |
| Financing Activities | |||||||||||||||||||||
| Debt Repaid | -$12.55M | -$391.15M | $213.02M | $172.14M | $223.88M | $3.2M | $61.69M | -$8.42M | -$28.35M | $75.62M | -$19.12M | -$48.94M | -$233.09M | $26.34M | -$4.55M | -$126.5M | $40.2M | -$69.67M | -$160.19M | -$12.42M | -$64.72M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $198.5M | $2.23M | $0 | $33.37M | $98.77M | $440K | $72.09M | $104.5M | $148.02M | $68.56M | $86.29M | $253.87M | $129.75M | $918K | $192.68M | $10.07M | $10.82M |
| Common Stock Repurchases | -$43M | -$25M | $0 | $0 | $0 | $0 | -$4.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$5.95M | -$6.13M | -$6.16M | -$6.04M | -$4.52M | -$7.71M | -$13.27M | -$10.26M | $0 | $0 | -$132.31M | -$138.99M | -$122.38M | -$106.88M | -$95.5M | -$72.32M | -$39.02M | -$24.55M | $0 | $0 | $0 |
| Other Financing Activities | -$17.35M | -$10.76M | -$14.04M | -$124K | -$12.26M | -$1.23M | -$4.96M | -$1.25M | $10.2M | $0 | -$7.16M | -$918K | $170.34M | -$22.15M | -$8.05M | $10.93M | -$12.5M | $0 | -$353.3M | $0 | $64.72M |
| Net Cash from Financing | -$53.76M | $349.26M | -$233.22M | -$184.45M | -$32.2M | -$9.91M | -$84.41M | $31.09M | $139.96M | -$70.97M | -$46.72M | $15.76M | $281.05M | -$85.33M | -$10.66M | $325.14M | $38.04M | $46.04M | -$421K | $22.49M | $75.54M |
| Forex Effect | $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 | $103.18M | $50.61M | $74.08M | $5.65M | $138.72M | $326K | -$31.05M | $31.52M | $6.69M | -$9.39M | -$72.75M | $64.15M | $3.21M | -$15.95M | -$3.2M | -$26.6M | $49.5M | $18.28M | $10.1M | $0 | $0 |
| Supplementary Data | |||||||||||||||||||||
| Operating Cash Flow | $504.99M | $483.48M | $560.32M | $506.34M | $277.17M | $94.09M | $70.39M | $68.32M | $53.93M | $56.53M | $123.37M | $171.66M | $104.84M | $179.08M | $127.46M | $96.02M | $80.56M | $41.74M | $10.52M | $14.5M | $520K |
| Capital Expenditure | -$540.98M | -$1.01B | -$465.02M | -$610.58M | -$278.88M | -$83.1M | -$23.7M | -$118.75M | -$161.02M | -$15.34M | -$147.83M | -$156.23M | -$348.46M | -$109.7M | -$120M | -$447.76M | -$69.1M | -$69.5M | $0 | -$36.98M | -$73.56M |
| Free Cash Flow | -$35.99M | -$523.65M | $95.3M | -$104.24M | -$1.71M | $10.98M | $46.7M | -$50.44M | -$107.09M | $41.19M | -$24.46M | $15.43M | -$243.62M | $69.38M | $7.46M | -$351.74M | $11.46M | -$27.76M | $10.52M | -$22.49M | -$73.04M |
| Cash at Beginning | $299.79M | $249.18M | $175.1M | $169.45M | $30.73M | $30.4M | $61.45M | $29.93M | $17.36M | $26.75M | $99.5M | $35.35M | $32.13M | $48.08M | $51.28M | $77.88M | $28.37M | $10.1M | $0 | $0 | $0 |
| Cash at End | $402.97M | $299.79M | $249.18M | $175.1M | $169.45M | $30.73M | $30.4M | $61.45M | $24.05M | $17.36M | $26.75M | $99.5M | $35.35M | $32.13M | $48.08M | $51.28M | $77.88M | $28.37M | $10.1M | $0 | $0 |