Ferrari N.V. (RACE)
Ferrari N.V. is a renowned automotive manufacturer primarily engaged in the creation, engineering, production, and sale of an exclusive range of high-performance luxury automobiles. Its extensive vehicle lineup features diverse models, including traditional sports cars, Grand Tourers (GTs), specialized series editions, ultra-exclusive limited-edition hypercars, bespoke one-off vehicles, track-specific designs, and its distinctive Icona series. Beyond car manufacturing, the company also supplies motorsport vehicles, essential components like spare parts and engines, and delivers comprehensive after-sales services such as vehicle repair, maintenance, and restoration. Expanding its brand influence, Ferrari N.V. strategically licenses its iconic marque to various producers and retailers of upscale lifestyle merchandise. This also extends to prominent leisure destinations, including the Ferrari World theme park in Abu Dhabi, UAE, and Ferrari Land Portaventura in Europe. The company further diversifies its operations by offering direct and indirect financing and leasing solutions to both individual customers and dealership partners. Additionally, Ferrari N.V. oversees the management of racetracks, curates and maintains two dedicated museums in Maranello and Modena, Italy, and markets its own collection of branded apparel and accessories through specialized monobrand boutiques. As of December 31, 2021, Ferrari's global retail presence comprised 30 branded stores, with 14 operating as franchised outlets and 16 as company-owned locations. Its products are also distributed globally through a network of 172 authorized dealers, collectively operating 191 sales points, and are available for purchase directly via its official e-commerce platform, store.ferrari.com. Established in 1947, Ferrari N.V. maintains its headquarters in Maranello, Italy.
Sector: Motor Vehicles & Passenger Car Bodies
Industry: Auto - Manufacturers
Ferrari N.V.
NYSE:RACEConsumer Cyclical · Auto - Manufacturers
-1.48%$416.13
CLOSED · Nov 6Prev close$422.40-1.48%Close$416.130.00%AH close$416.13
AH$416.13+0.00%vs close
Mkt Cap$72.92B
Float120.55M
O/S175.24M
VOL652K sh
$ Vol$271.42M
RVOL1.36×
Inst Own35.8%
Div Yield1.02%
Dilution
Financials Summary
Revenue$7.98B
Net Income$1.78B
Total Assets$10.75B
Free Cash Flow$2.97B
Debt & Equity
Debt 42%
Equity 58%
Total Debt$3.22B
Total Equity$4.36B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in RACE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$10.75B
Liabilities$6.38B
Accounts Receivable$2.24B
Accounts Payable$939.26M
Inventory$1.24B
PP&E (Net)$2.3B
Goodwill$876.66M
Intangible Assets$1.83B
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Revenue | $7.98B | $7.45B | $6.67B | $5.69B | $4.77B | $3.86B | $4.21B | $3.82B | $3.81B | $3.47B | $3.19B | $3.08B | $2.61B | $2.48B |
| YoY Growth | 7.0% | 11.8% | 17.2% | 19.3% | 23.4% | -8.1% | 10.1% | 0.1% | 10.0% | 8.8% | 3.3% | 18.3% | 4.9% | - |
| Cost of Revenue | $3.86B | $3.72B | $3.34B | $2.96B | $2.32B | $1.88B | $2.02B | $1.81B | $1.84B | $1.76B | $1.67B | $1.68B | $1.38B | $1.34B |
| Gross Profit | $4.12B | $3.74B | $3.32B | $2.73B | $2.45B | $1.98B | $2.19B | $2.01B | $1.97B | $1.7B | $1.51B | $1.4B | $1.23B | $1.15B |
| Gross Margin | 51.7% | 50.1% | 49.8% | 48.0% | 51.3% | 51.3% | 52.1% | 52.6% | 51.7% | 49.1% | 47.5% | 45.5% | 47.1% | 46.1% |
| Research and Development | $1.03B | $998.25M | $984.26M | $865.93M | $857.59M | $789.8M | $780.67M | $717.95M | $733.67M | $685.12M | $627.01M | $603.84M | $535.13M | $481.72M |
| Selling, General, and Administrative | $717.34M | $626.52M | $516.47M | $477.83M | $388.57M | $375.28M | $383.16M | $365.48M | $367.4M | $329.64M | $378.08M | $335.05M | $290.16M | $271.11M |
| Other | $38.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.24M | $23.55M | -$20.45M | $19.89M | $16.99M | $32.47M |
| Total Operating Expenses | $1.78B | $1.62B | $1.5B | $1.34B | $1.25B | $1.17B | $1.16B | $1.08B | $1.11B | $1.04B | $986.57M | $958.78M | $842.28M | $785.29M |
| Operating Income (EBIT) | $2.34B | $2.11B | $1.82B | $1.39B | $1.2B | $814.99M | $1.03B | $923.39M | $864.45M | $664.79M | $526.92M | $444.07M | $386.57M | $360.58M |
| Operating Margin | 29.3% | 28.3% | 27.3% | 24.4% | 25.2% | 21.1% | 24.4% | 24.2% | 22.7% | 19.2% | 16.5% | 14.4% | 14.8% | 14.5% |
| Interest Expense | $45.96M | $52.26M | $40.33M | $60.51M | $42.87M | $56.07M | $53.47M | $28.68M | $39.86M | $33.96M | $18.62M | $0 | $0 | $1M |
| Interest Income | $22.79M | $35.15M | $28.82M | $5.11M | $5.74M | $1.26M | $6.48M | $2.37M | $7.19M | $3M | $7.29M | $7.93M | $2.71M | $0 |
| Other Income (Expense) | -$37.41M | -$3.34M | -$31.01M | -$72.56M | -$35.64M | -$70.25M | -$48.62M | -$26.9M | -$31.37M | -$31.34M | -$42.17M | $562K | $22.51M | $13M |
| Income Before Tax (EBT) | $2.3B | $2.11B | $1.79B | $1.31B | $1.16B | $744.74M | $977.34M | $896.49M | $833.08M | $633.45M | $484.75M | $444.63M | $409.09M | $373.58M |
| Income Tax Expense | $518.19M | $405.34M | $385.08M | $266.25M | $233.45M | $64.93M | $197.24M | $18.22M | $233.08M | $187.16M | $160.9M | $148.74M | $134.32M | $112.89M |
| Net Income | $1.78B | $1.7B | $1.4B | $1.04B | $927.55M | $678.63M | $776.88M | $876.09M | $597.77M | $445.22M | $321.35M | $291.82M | $268.82M | $251.66M |
| Net Income Margin | 22.3% | 22.8% | 21.0% | 18.3% | 19.5% | 17.6% | 18.5% | 22.9% | 15.7% | 12.8% | 10.1% | 9.5% | 10.3% | 10.1% |
| Supplementary Data | ||||||||||||||
| EPS | 8.96 | 8.47 | 6.91 | 5.10 | 4.50 | 3.29 | 3.73 | 4.16 | 2.83 | 2.11 | 1.52 | 1.38 | 1.27 | 1.19 |
| Diluted EPS | 8.96 | 8.46 | 6.90 | 5.09 | 4.50 | 3.28 | 3.71 | 4.14 | 2.82 | 2.11 | 1.52 | 1.38 | 1.27 | 1.19 |
| Weighted Average OS | 178.32M | 179.74M | 181.22M | 182.84M | 184.45M | 184.81M | 186.77M | 188.61M | 188.61M | 188.92M | 188.92M | 188.92M | 188.92M | 188.92M |
| EBITDA | $3.09B | $2.9B | $2.56B | $1.98B | $1.71B | $1.27B | $1.42B | $1.24B | $1.16B | $942.96M | $681.9M | $627.16M | $576.34M | $530.44M |
| EBITDA Margin | 38.7% | 38.9% | 38.4% | 34.8% | 35.8% | 32.9% | 33.8% | 32.6% | 30.4% | 27.2% | 21.4% | 20.3% | 22.1% | 21.4% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $1.64B | $1.95B | $1.25B | $1.55B | $1.5B | $1.86B | $1.13B | $886.13M | $723.16M | $511.12M | $204.04M | $149.92M | $127.04M |
| Short-Term Investments | $4.94M | $6.31M | $6.22M | $7.89M | $2.16M | $52.78M | $11.81M | $3.78M | $4.46M | $6.57M | $9.63M | $0 | $0 |
| Cash and Short-Term Investments | $1.64B | $1.95B | $1.26B | $1.56B | $1.5B | $1.91B | $1.14B | $889.91M | $727.63M | $517.69M | $213.67M | $149.92M | $127.04M |
| Accounts Receivable | $2.24B | $2.33B | $2B | $1.93B | $1.57B | $466.38M | $657.52M | $243.24M | $271.21M | $281.79M | $194.08M | $1.62B | $1.23B |
| Inventory | $1.24B | $1.21B | $1.06B | $753.26M | $603.55M | $629.25M | $526.44M | $436.62M | $439.64M | $361.74M | $329.85M | $330.49M | $265.16M |
| Other Current Assets | $260.02M | $40.52M | $74.15M | $123.54M | $40.67M | $88.09M | $79.56M | $16.59M | $13.05M | $11.6M | $5.66M | $9.77M | $83.47M |
| Total Current Assets | $5.39B | $5.6B | $4.45B | $4.41B | $3.76B | $3.15B | $2.45B | $2.77B | $2.32B | $2.11B | $2.26B | $3.18B | $2.48B |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $2.3B | $2.04B | $1.76B | $1.63B | $1.51B | $1.68B | $1.34B | $949.64M | $793.01M | $747.25M | $699.07M | $653.36M | $633.96M |
| Goodwill | $876.66M | $876.66M | $876.66M | $876.66M | $876.66M | $1.07B | $984.05M | $876.66M | $876.66M | $876.66M | $878.88M | $878.88M | $878.88M |
| Intangible Assets | $1.83B | $1.73B | $1.59B | $1.46B | $1.27B | $1.34B | $1.05B | $721.03M | $491.77M | $395.68M | $343.67M | $296.17M | $270.38M |
| Long-Term Investments | $107.68M | $90.24M | $75.55M | $66.47M | $60.86M | $1.19B | $979.75M | $35.88M | $33.54M | $24.53M | $1.09M | $1.47M | $1.42M |
| Deferred Tax Assets | $252.33M | $264.38M | $242.9M | $227.08M | $188.42M | $130.06M | $20.61M | $67.82M | $105.05M | $133.26M | $136.91M | $124.73M | $46.38M |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13.36M | $12.12M | $51.48M | $40.91M |
| Total Long-Term Assets | $5.36B | $5B | $4.54B | $4.26B | $3.91B | $5.4B | $4.38B | $2.65B | $2.3B | $2.19B | $2.07B | $2.01B | $1.87B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $10.75B | $10.6B | $8.99B | $8.67B | $7.66B | $8.55B | $6.83B | $5.42B | $4.62B | $4.3B | $4.33B | $5.18B | $4.35B |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $939.26M | $1.06B | $1.04B | $1.01B | $890.78M | $975.13M | $891.75M | $729.91M | $678.28M | $686.52M | $566.62M | $598.12M | $542.56M |
| Short-Term Debt | $1.04B | $0 | $0 | $0 | $0 | $1.21B | $528.03M | $0 | $0 | $446.46M | $1.03B | $548.56M | $331.36M |
| Current Income Tax Payable | $0 | $42.29M | $99.67M | $65.39M | $126.06M | $37.06M | $7.93M | $8.52M | $32.56M | $46.44M | $139.82M | $122.27M | $116.01M |
| Current Unearned Revenue | $474.05M | $374.61M | $330.13M | $301.85M | $286.05M | $0 | $0 | -$393.46M | -$341.68M | -$446.46M | $139.82M | $122.27M | $116.01M |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $114.82M | $133.22M | $365.46M | $145.72M | -$31.7M | $199.84M | $287.1M | $114.22M |
| Total Current Liabilities | $2.67B | $1.66B | $1.66B | $1.58B | $1.48B | $2.4B | $1.6B | $829.33M | $796.83M | $801.52M | $1.82B | $1.36B | $1.02B |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $2B | $3.6B | $2.68B | $3.08B | $2.87B | $2.44B | $2.04B | $1.76B | $1.67B | $1.62B | $1.5B | $21.1M | $22.91M |
| Long-Term Unearned Revenue | $0 | $0 | $330.13M | $301.85M | $286.05M | $369.97M | $345.2M | $303.48M | $306.13M | $304.88M | $299.73M | $261.86M | $216.96M |
| Long-Term Deferred Tax Liabilities | $284.02M | $122.83M | $152.79M | $141.25M | $107.15M | $131.39M | $103.03M | $43.7M | $12.26M | $14.64M | $26.06M | $24.13M | $31.22M |
| Other Long-Term Liabilities | $1.28B | $1.12B | $652.5M | $605.13M | $383.84M | $706.16M | $825.26M | $365.39M | $549.32M | $678.94M | $433.79M | $397.64M | $249.1M |
| Total Long-Term Liabilities | $3.71B | $4.98B | $3.9B | $4.19B | $3.71B | $3.72B | $3.36B | $3.08B | $2.95B | $3.13B | $2.53B | $1.05B | $738.59M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $6.38B | $6.65B | $5.56B | $5.76B | $5.19B | $6.11B | $4.96B | $3.91B | $3.75B | $3.93B | $4.35B | $2.42B | $1.76B |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2.87M | $2.87M | $2.87M | $2.87M | $2.87M | $3.51M | $3.22M | $2.8M | $2.8M | $2.8M | $4.22M | $4.22M | $4.22M |
| Retained Earnings | -$5.65B | $3.93B | $3.34B | $2.79B | $2.45B | -$6.35B | -$6.02B | $1.47B | $833.29M | $337.56M | -$13.54M | $2.8B | $2.5B |
| Comprehensive Income & Other | $3.56B | $14.64M | $72.45M | $101.06M | $12.14M | $901.46M | $642.87M | $29.86M | $33.31M | $22.5M | -$18.73M | -$42.17M | $48.47M |
| Other Stockholders' Equity | $10.01B | $14.64M | $72.45M | $101.06M | $12.14M | $8.78B | $7.87B | $29.86M | $33.31M | $22.5M | -$18.73M | -$42.17M | $48.47M |
| Total Equity | $4.36B | $3.95B | $3.42B | $2.89B | $2.46B | $2.44B | $1.86B | $1.51B | $869.39M | $362.86M | -$28.05M | $2.76B | $2.56B |
| Minority Interest | $8.76M | $10.37M | $10.87M | $10.75M | $6.16M | $5.49M | $7.52M | $5.71M | $5.87M | $5.37M | $6.39M | $9.71M | $29.9M |
| Total Liabilities and Equity | $10.74B | $10.59B | $8.98B | $8.66B | $7.66B | $8.55B | $6.82B | $5.41B | $4.62B | $4.29B | $4.32B | $5.17B | $4.32B |
| Supplementary Data | |||||||||||||
| Total Debt | $3.22B | $3.74B | $2.77B | $3.14B | $2.94B | $3.72B | $2.62B | $2.15B | $2.02B | $2.06B | $2.52B | $569.66M | $354.27M |
| Net Debt | $1.58B | $1.8B | $1.51B | $1.59B | $1.44B | $1.86B | $1.49B | $1.27B | $1.29B | $1.55B | $2.32B | $419.74M | $227.23M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | 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 |
| Operating Activities | ||||||||||||||
| Net Income | $3.15B | $1.7B | $1.4B | $1.05B | $930.2M | $744.74M | $776.88M | $896.49M | $833.08M | $633.45M | $484.75M | $444.63M | $409.09M | $373.58M |
| Depreciation & Amortization | $739.05M | $744.46M | $739.46M | $609.86M | $509.11M | $476.34M | $392.95M | $322.39M | $290.97M | $276.58M | $306.77M | $322.65M | $301.73M | $265.21M |
| Deferred Income Tax | $263.63M | $405.34M | $385.08M | $266.25M | $233.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $6.44M | $0 | $0 | $0 | $0 | $0 | $19.52M | $25.11M | $31.93M | $1.24M | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$137.27M | -$237.5M | -$37.27M | -$263.82M | -$135.07M | -$27.8M | -$24.98M | $30.02M | -$1.95M | -$99.2M | $17.52M | $920K | -$90.87M | $9.89M |
| Inventory | -$105.14M | -$175.88M | -$345.63M | -$171.82M | -$90.78M | -$75.7M | -$45.36M | -$5.18M | -$98.79M | -$37.05M | -$3.22M | -$73.18M | -$21.83M | -$21.15M |
| Accounts Payable | -$109.85M | $8.57M | $48.32M | $116.09M | $81.02M | $9.6M | $0 | $45.01M | $32.75M | $118.53M | -$51.13M | $14.5M | $15.92M | $27.66M |
| Other Working Capital | $187.37M | -$22.38M | -$65.43M | $156.32M | -$33.32M | -$153.31M | $76.87M | -$212.54M | -$130.55M | $459.68M | $107.41M | -$209.2M | -$13.21M | -$75.65M |
| Total Working Capital Change | -$164.88M | -$427.19M | -$400.01M | -$163.22M | -$178.14M | -$247.21M | $6.53M | -$142.69M | -$198.54M | $441.96M | $70.59M | -$266.96M | -$109.98M | -$59.25M |
| Other Non-Cash Items | $675.85M | -$275.17M | -$205.82M | -$194.78M | -$62.45M | -$38.01M | $262.38M | -$33.33M | -$217.43M | -$230.81M | -$72.44M | -$24.61M | -$93.93M | -$63.14M |
| Net Cash from Operating | $4.67B | $2.15B | $1.92B | $1.57B | $1.43B | $935.86M | $1.46B | $1.04B | $740.02M | $1.12B | $789.66M | $475.7M | $506.91M | $516.4M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$926.85M | -$538.46M | -$426.24M | -$388.23M | -$393.36M | -$398.61M | -$393.18M | -$712.7M | -$437.01M | -$381.83M | -$397.41M | -$368.44M | -$302.46M | -$288.45M |
| Acquisitions | -$1.51M | $2.28M | $0 | -$1.53M | $0 | $0 | $0 | $1.55M | $4.09M | $20.76M | $0 | $43.27M | $0 | $0 |
| Purchases of Investments | -$511K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.27M | $20.76M | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$899.42M | -$565.92M | -$541.16M | -$509.48M | -$424.74M | -$391.9M | -$389.57M | $1.55M | $4.09M | $3.27M | $43.41M | $44.91M | $3.98M | $786K |
| Net Cash from Investing | -$1.83B | -$1.1B | -$967.39M | -$899.24M | -$818.1M | -$790.51M | -$782.75M | -$711.15M | -$423.64M | -$357.79M | -$354M | -$323.54M | -$298.49M | -$287.66M |
| Financing Activities | ||||||||||||||
| Debt Repaid | $879.21M | -$782.7M | $351.98M | -$105.79M | $209.14M | -$759.78M | -$89.32M | -$92.82M | -$40.35M | $344.23M | -$2.35B | $118.98M | $182.51M | $290.44M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.55M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$1.5B | -$648.78M | -$514.29M | -$442.72M | -$257.8M | -$144.91M | -$431.81M | -$111.75M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$1.18B | -$491.17M | -$366.92M | -$278.59M | -$178.75M | -$232.34M | -$215.11M | -$148.6M | -$133.96M | -$97.03M | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$4.97M | -$5.35M | -$5.46M | -$2.53M | -$1.51M | -$3.27M | -$2.37M | -$2.28M | -$1.36M | -$19.21M | $839.21M | -$16.8M | $0 | $73.4M |
| Net Cash from Financing | -$3.48B | -$362.6M | -$1.24B | -$618.05M | -$647.2M | $379.26M | -$559.96M | -$169.81M | -$94.98M | -$458.92M | -$392.2M | -$135.79M | -$182.51M | -$217.04M |
| Forex Effect | -$27.36M | $6.08M | -$8.59M | $428K | $12.75M | -$6.04M | $883K | $1.06M | -$9.35M | $1.37M | $10.66M | $6.5M | -$10.58M | -$4.96M |
| Net Change in Cash | -$667.77M | $692.49M | -$298.02M | $49.97M | -$20.39M | $518.57M | $116.43M | $162.96M | $212.05M | $307.07M | $54.12M | $22.88M | $15.32M | $6.74M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $4.67B | $2.15B | $1.92B | $1.57B | $1.43B | $935.86M | $1.46B | $1.04B | $740.02M | $1.12B | $789.66M | $475.7M | $506.91M | $516.4M |
| Capital Expenditure | -$1.7B | -$1.1B | -$970.14M | -$898.36M | -$823.02M | -$791.59M | -$393.18M | -$712.7M | -$437.01M | -$381.83M | -$397.41M | -$368.44M | -$302.46M | -$288.45M |
| Free Cash Flow | $2.97B | $1.05B | $946.49M | $668.47M | $609.14M | $144.27M | $1.07B | $330.15M | $303.01M | $740.59M | $392.25M | $107.26M | $204.44M | $227.95M |
| Cash at Beginning | $2.31B | $1.25B | $1.55B | $1.5B | $1.52B | $1B | $886.13M | $723.16M | $511.12M | $204.04M | $149.92M | $127.04M | $111.72M | $104.98M |
| Cash at End | $1.64B | $1.95B | $1.25B | $1.55B | $1.5B | $1.52B | $1B | $886.13M | $723.16M | $511.12M | $204.04M | $149.92M | $127.04M | $111.72M |