COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (SBS)
SABESP, or Companhia de Saneamento Básico do Estado de São Paulo, is a key utility provider specializing in water and sewage services for residential, commercial, industrial, and governmental clients. Its offerings are comprehensive, spanning water supply, sanitary sewage systems, urban rainwater management and drainage, municipal cleaning, and solid waste management. The company's operations also encompass planning, system operation, maintenance, and the commercialization of energy. As of December 31, 2021, SABESP delivered water services to approximately 27.8 million people through 9.8 million connections and provided sewage services to about 24.6 million individuals via 8.4 million connections. Its expansive infrastructure included 88,904 kilometers of water pipes and transmission lines, alongside 61,122 kilometers of sewer lines. Furthermore, through special purpose companies, SABESP extends its water and/or sewage provisions to four additional municipalities. The company was established in 1954 and is headquartered in São Paulo, Brazil.
Sector: Water Supply
Industry: Regulated Water
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
NYSE:SBSUtilities · Regulated Water
+2.07%$6.40
AH Close$6.40+0.00%vs close
AH Close$6.40+0.00%vs close
Mkt Cap$22.51B
Float2.35B
O/S3.52B
Inst Own10.9%
SI0.6%
Div Yield2.10%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$7.4B
Net Income$1.64B
Total Assets$21.05B
Free Cash Flow$1.57B
Debt & Equity
Debt 49%
Equity 51%
Total Debt$7.92B
Total Equity$8.4B
Shares Outstanding
Short Interest
Split History5 splits
- 5:1Forward splitMay 7, 20261 share → 5
- 1.0:1Forward splitMar 27, 20261 share → 1.0
- 1.0:1Forward splitDec 29, 20251 share → 1.0
- 3:1Forward splitApr 30, 20131 share → 3
- 2:1Forward splitJan 24, 20131 share → 2
Balance Sheet Details
Assets$21.05B
Liabilities$12.65B
Accounts Receivable$1.19B
Accounts Payable$475.35M
Inventory$4.37M
PP&E (Net)$176.43M
Goodwill$0
Intangible Assets$10B
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $7.4B | $7.16B | $5.07B | $4.37B | $3.86B | $3.53B | $3.56B | $3.19B | $2.89B | $2.79B | $2.32B | $2.22B | $2.24B | $2.13B | $1.97B | $1.83B | $1.33B | $1.36B | $1.18B | $1.1B | $981.55M | $871.32M | $814.41M | $746.49M | $677.16M |
| YoY Growth | 3.3% | 41.3% | 15.9% | 13.2% | 9.5% | -1.0% | 11.8% | 10.1% | 3.6% | 20.4% | 4.4% | -0.9% | 5.2% | 8.2% | 7.7% | 37.2% | -1.6% | 14.5% | 8.0% | 11.6% | 12.7% | 7.0% | 9.1% | 10.2% | - |
| Cost of Revenue | $4.69B | $3.29B | $3.18B | $2.84B | $2.54B | $2.22B | $2.01B | $1.8B | $1.74B | $1.79B | $1.64B | $1.51B | $1.35B | $1.28B | $1.2B | $1.03B | $609.59M | $657.68M | $534.18M | $518.53M | $473.68M | $446.53M | $405.6M | $359.65M | $221.95M |
| Gross Profit | $2.71B | $3.87B | $1.89B | $1.53B | $1.33B | $1.31B | $1.55B | $1.39B | $1.16B | $1.01B | $683.81M | $708.94M | $891.58M | $849.91M | $774.93M | $799.86M | $724.13M | $697.49M | $649M | $576.75M | $507.87M | $424.79M | $408.81M | $386.84M | $455.21M |
| Gross Margin | 36.6% | 54.1% | 37.2% | 34.9% | 34.3% | 37.2% | 43.6% | 43.5% | 39.9% | 36.1% | 29.5% | 31.9% | 39.8% | 39.9% | 39.3% | 43.7% | 54.3% | 51.5% | 54.9% | 52.7% | 51.7% | 48.8% | 50.2% | 51.8% | 67.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.25M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $308.2M | $584.25M | $466.27M | $403.98M | $386.4M | $322.88M | $362.51M | $303.73M | $329.49M | $299.22M | $80.94M | $300.52M | $270.73M | $265.42M | $286.12M | $270.71M | $233.2M | $398.31M | $226.05M | $219.28M | $173.07M | $161.71M | $109.19M | $121.11M | $103.12M |
| Other | $17.96M | $214.72M | $162.73M | $202.32M | $127.51M | $98.31M | $61.18M | $58.6M | $41.73M | $29.77M | $187K | $29.31M | $0 | $20.68M | $4.41M | $0 | $30.02M | $67.46M | $11.49M | $0 | $0 | $0 | $0 | $0 | $311.98M |
| Total Operating Expenses | $326.16M | $798.97M | $629M | $606.3M | $513.91M | $421.19M | $423.68M | $362.33M | $371.22M | $328.99M | $81.13M | $329.83M | $270.08M | $286.1M | $290.53M | $270.35M | $299.82M | $465.78M | $237.54M | $219.28M | $173.07M | $161.71M | $109.19M | $121.11M | $415.1M |
| Operating Income (EBIT) | $2.38B | $3.07B | $1.26B | $920.48M | $811.97M | $890.2M | $1.13B | $1.03B | $785.04M | $679.61M | $603.19M | $379.11M | $621.99M | $563.81M | $466.54M | $529.51M | $424.31M | $231.71M | $300.3M | $357.47M | $334.8M | $263.08M | $299.62M | $265.73M | $40.11M |
| Operating Margin | 32.2% | 42.9% | 24.8% | 21.1% | 21.0% | 25.2% | 31.8% | 32.2% | 27.1% | 24.3% | 26.0% | 17.1% | 27.7% | 26.5% | 23.7% | 28.9% | 31.8% | 17.1% | 25.4% | 32.6% | 34.1% | 30.2% | 36.8% | 35.6% | 5.9% |
| Interest Expense | $835.21M | $355.36M | $279.58M | $241.35M | $145.62M | $31.22M | $42.26M | $96.95M | $90.98M | $111.79M | $98.2M | $95.87M | $42.96M | $97.49M | $86.27M | $88.29M | $163.58M | $98.01M | $101.73M | $130.56M | $88.58M | $0 | $68.66M | $0 | $0 |
| Interest Income | $350.28M | $52.49M | $124.81M | $38.7M | $28.9M | $9.15M | $7.54M | $34.86M | $11.33M | $19.63M | $8.79M | $25.35M | $29.68M | $20.23M | $20.73M | $68.15M | $44.94M | $17.45M | $9.24M | $0 | $9.58M | $0 | $57.53M | $0 | $0 |
| Other Income (Expense) | -$111.68M | -$370.09M | -$315.47M | -$73.8M | -$183.78M | -$627.44M | -$204.83M | -$250.54M | -$90.77M | $137.66M | -$486.77M | -$126.49M | -$95.76M | -$73.31M | -$94.2M | -$75.18M | -$6.13M | -$192.82M | -$118.13M | -$121.7M | -$93.62M | -$106.54M | -$79.45M | -$451.75M | -$15.04M |
| Income Before Tax (EBT) | $2.27B | $2.7B | $942.04M | $846.68M | $628.19M | $262.76M | $926.98M | $775.26M | $694.27M | $818.21M | $116.42M | $252.62M | $526.23M | $504.1M | $340.98M | $454.33M | $384.02M | $91.51M | $293.33M | $235.77M | $241.19M | $156.54M | $220.17M | -$186.01M | $30.43M |
| Income Tax Expense | $629.38M | $805.17M | $243.83M | $228.18M | $171.27M | $69.89M | $259.67M | $213.47M | $195.05M | $234.21M | $10.16M | $73.69M | $145.06M | $125.24M | $98.55M | $131.24M | $111.77M | $78.91M | $85.52M | $74.46M | $62.69M | $47.92M | $34.81M | -$46.96M | -$12.2M |
| Net Income | $1.64B | $1.9B | $698.22M | $618.51M | $456.93M | $192.87M | $667.3M | $561.79M | $499.22M | $583.99M | $106.27M | $178.93M | $381.17M | $378.86M | $242.43M | $323.09M | $272.25M | $12.6M | $207.81M | $154.35M | $171.54M | $101.66M | $165.13M | -$128.91M | $42.63M |
| Net Income Margin | 22.2% | 26.5% | 13.8% | 14.2% | 11.8% | 5.5% | 18.7% | 17.6% | 17.2% | 20.9% | 4.6% | 8.1% | 17.0% | 17.8% | 12.3% | 17.7% | 20.4% | 0.9% | 17.6% | 14.1% | 17.5% | 11.7% | 20.3% | -17.3% | 6.3% |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | 2.42 | 2.80 | 1.03 | 0.91 | 0.67 | 0.28 | 0.99 | 0.83 | 0.74 | 0.86 | 0.16 | 0.26 | 0.56 | 0.56 | 0.40 | 0.48 | 0.40 | 0.25 | 0.31 | 1.82 | 2.03 | 0.15 | 0.24 | -0.19 | 0.06 |
| Diluted EPS | 2.42 | 2.80 | 1.03 | 0.91 | 0.67 | 0.28 | 0.99 | 0.83 | 0.74 | 0.86 | 0.16 | 0.26 | 0.56 | 0.56 | 0.40 | 0.48 | 0.40 | 0.25 | 0.31 | 1.82 | 2.03 | 0.15 | 0.24 | -0.19 | 0.06 |
| Weighted Average OS | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B | 3.42B |
| EBITDA | $3.55B | $3.59B | $1.77B | $1.57B | $1.22B | $815.44M | $1.45B | $1.19B | $1.05B | $1.15B | $448.34M | $545.13M | $773.53M | $730.27M | $639.28M | $650.8M | $606.9M | $557.8M | $578.02M | $554.88M | $553.78M | $381.76M | $411.47M | $368.59M | $144.37M |
| EBITDA Margin | 47.9% | 50.1% | 35.0% | 36.0% | 31.6% | 23.1% | 40.6% | 37.2% | 36.3% | 41.1% | 19.3% | 24.5% | 34.5% | 34.3% | 32.5% | 35.6% | 45.5% | 41.2% | 48.9% | 50.7% | 56.4% | 43.8% | 50.5% | 49.4% | 21.3% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $925.49M | $333.42M | $166.15M | $370.06M | $142.26M | $78.55M | $112.28M | $600.26M | $452.41M | $373.77M | $324.82M | $341.43M | $353.12M | $380.7M | $426.04M | $394.17M | $152.78M | $123.99M | $14.43M | $65.04M | $55.52M | $20.92M | $55.69M | $91.58M | $90.73M |
| Short-Term Investments | $1.53B | $733.13M | $480.88M | $332.49M | $482.2M | $675.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $77.71M | $0 | $30.84M | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.45B | $1.07B | $647.04M | $702.54M | $624.46M | $754.5M | $112.28M | $600.26M | $452.41M | $373.77M | $324.82M | $341.43M | $353.12M | $380.7M | $426.04M | $394.17M | $152.78M | $123.99M | $92.14M | $65.04M | $86.36M | $20.92M | $55.69M | $91.58M | $90.73M |
| Accounts Receivable | $1.19B | $993.75M | $860.05M | $695.79M | $623.18M | $474.54M | $125.44M | $490.55M | $433.28M | $367.65M | $276.09M | $278.65M | $278.09M | $219.69M | $272.69M | $241.31M | $267.02M | $266.43M | $316.58M | $299.37M | $274.57M | $210.92M | $160.85M | $203.75M | $160.03M |
| Inventory | $4.37M | $2.14M | $17.04M | $24.62M | $22.49M | $20.78M | $3.47M | $13M | $16.98M | $11.49M | $12.7M | $13.17M | $11.57M | $10.52M | $8.84M | $7.15M | $7.9M | $9.45M | $10.53M | $9.69M | $7.15M | $5.87M | $4.42M | $4.49M | $4.32M |
| Other Current Assets | $33.42M | $39.8M | $18.23M | $20.57M | $18.5M | $26.49M | $0 | $6.32M | $3.73M | $4.77M | $49.99M | $3.91M | $2.05M | $12.88M | $10.98M | $8.82M | $0 | $31.37M | $21.56M | $6.18M | $4.66M | $5.99M | $8.46M | $28.41M | $14.77M |
| Total Current Assets | $3.68B | $2.1B | $1.54B | $1.44B | $1.29B | $1.28B | $241.18M | $1.11B | $906.4M | $757.69M | $683.71M | $637.17M | $644.83M | $661.23M | $738.31M | $711.41M | $501.28M | $443.56M | $440.81M | $380.27M | $341.9M | $243.69M | $229.41M | $315.51M | $270.31M |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $176.43M | $135.99M | $117.43M | $67.16M | $57.7M | $53.16M | $15.49M | $53.03M | $50.54M | $59.92M | $64.42M | $60.41M | $39.53M | $75.97M | $70.64M | $49.46M | $3.06B | $2.96B | $2.79B | $2.74B | $2.7B | $2.78B | $2.79B | $2.7B | $2.66B |
| Goodwill | $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 |
| Intangible Assets | $10B | $8.85B | $8.7B | $7.79B | $7.23B | $6.82B | $1.59B | $5.75B | $6.63B | $6.19B | $5.65B | $5.15B | $4.73B | $4.36B | $3.99B | $3.68B | $306.22M | $161.58M | $100.62M | $98.11M | $99.58M | $0 | $160.85M | $0 | $0 |
| Long-Term Investments | $6.78B | $3.68B | $32.07M | $21.95M | $15.74M | $12.57M | $62.64M | $8.84M | $7.32M | $6.16M | $5.57M | $4.21M | $4.69M | $130.98M | $10.42M | $154.46M | $143K | $143K | $143K | $143K | $147K | $1.01M | $147K | $147K | $0 |
| Deferred Tax Assets | $409.63M | $0 | $19.43M | $0 | $1.88B | $1.76B | $0 | $1.67B | $202.33M | $36.93M | $25.41M | $41.51M | $22.6M | $28.01M | $35.56M | $15.54M | $105.05M | $86.27M | $70.79M | $67.9M | $59.21M | $0 | $44.15M | $40.83M | $18.01M |
| Other Long-Term Assets | $6.64M | $1.28B | $1.77B | $2.01B | $64.14M | $67.29M | $376.85M | $39.86M | $38.28M | $228.83M | $249.92M | $123.83M | $165.82M | $31.95M | $150.39M | $21.02M | $300.44M | $336.36M | $299.82M | $278.4M | $256.44M | $298.82M | $48.73M | $183.22M | $186.41M |
| Total Long-Term Assets | $17.37B | $13.94B | $10.64B | $9.89B | $9.25B | $8.71B | $2.05B | $7.52B | $6.93B | $6.52B | $6B | $5.38B | $4.96B | $4.62B | $4.26B | $3.92B | $3.77B | $3.54B | $3.26B | $3.19B | $3.11B | $3.08B | $3.05B | $2.92B | $2.87B |
| 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 |
| Total Assets | $21.05B | $16.04B | $12.18B | $11.34B | $10.54B | $9.99B | $2.29B | $8.63B | $7.84B | $7.28B | $6.68B | $6.02B | $5.6B | $5.29B | $5B | $4.63B | $4.27B | $3.99B | $3.7B | $3.57B | $3.45B | $3.33B | $3.28B | $3.24B | $3.14B |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $475.35M | $151.91M | $90.4M | $85.4M | $46.92M | $52.26M | $18.21M | $92.34M | $68.35M | $61.82M | $49.17M | $64.11M | $54.5M | $58.53M | $48.48M | $28.54M | $38.79M | $37.08M | $32.75M | $28.57M | $15.41M | $10.22M | $10.29M | $7.25M | $15.97M |
| Short-Term Debt | $982.76M | $580.14M | $495.01M | $421.96M | $341.76M | $588.34M | $138.66M | $413.07M | $342.65M | $244.06M | $300.07M | $237.42M | $127.01M | $270.96M | $322.84M | $210.1M | $177.88M | $259.64M | $147.06M | $168.93M | $150.41M | $272M | $197.56M | $264.05M | $108.3M |
| Current Income Tax Payable | $0 | $117.17M | $40.81M | $58.15M | $50.95M | $52.87M | $13.86M | $39.74M | $36.45M | $33.44M | $21.26M | $14.69M | $22.86M | $30.34M | $35.89M | $31.32M | $43.37M | $25.84M | $25.31M | $20.92M | $21.03M | $22.81M | $16.74M | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $4.35M | $25.97M | $497.5M | $420.76M | $0 | $39.74M | $472.98M | $498.86M | $317.43M | $321.16M | $403.48M | $354.61M | $360.58M | $330.81M | $335.14M | $222.98M | $31.11M | $71.26M | $58.32M | $58.31M | $52.57M | $1.96M | $0 |
| Other Current Liabilities | $1.26B | $732.36M | $696.3M | $475.09M | -$6.55M | $48.94M | $125.78M | $334.67M | $311.99M | $342.79M | $229.13M | $237.31M | $256.5M | $355.95M | $241.82M | $390.69M | $339.29M | $251.53M | $115.39M | $66.44M | $125.19M | $78.86M | $91.08M | $95.21M | $175.11M |
| Total Current Liabilities | $3.28B | $2.37B | $1.67B | $1.32B | $1.01B | $1.17B | $317.9M | $1.07B | $945.59M | $852.58M | $741.18M | $689.71M | $589M | $752.48M | $786.43M | $694.77M | $616.25M | $597.83M | $486.43M | $416.52M | $335.28M | $416.31M | $342.48M | $400.54M | $299.38M |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $6.92B | $4.33B | $3.29B | $3.24B | $3.07B | $2.74B | $489.11M | $2.08B | $1.94B | $2.02B | $2.19B | $1.8B | $1.67B | $1.48B | $1.38B | $1.39B | $1.1B | $1.07B | $979.52M | $1.08B | $1.17B | $1.1B | $1.24B | $1.31B | $1.17B |
| Long-Term Unearned Revenue | $0 | $0 | $2.39M | $2.42M | $8.92M | $0 | $5.09M | $702.54M | $700.05M | -$238.61M | -$235.54M | $0 | $616.25M | $0 | $0 | $494.86M | $361.26M | $0 | $241.35M | $63.65M | $54.8M | $44.03M | $28.84M | $13.54M | $0 |
| Long-Term Deferred Tax Liabilities | $1.03B | $748.98M | $32.52M | $37.51M | $87.82M | $0 | $21.38M | $51.77M | $7.28M | $238.61M | $235.54M | $0 | $25.73M | $0 | $0 | $22.38M | $31.08M | $28.04M | $31.68M | $29.11M | $26.44M | $25.77M | $24M | $15.04M | $50.64M |
| Other Long-Term Liabilities | $1.4B | $1.22B | $1.21B | $1.25B | $1.34B | $1.49B | $366.81M | $1.5B | $1.37B | $1.25B | $922.3M | $791.01M | $705.84M | $685.81M | $739.95M | $288.58M | $98.55M | -$1.09B | $20.55M | $185.71M | $187.35M | $163.53M | $137.02M | $64.79M | $44.39M |
| Total Long-Term Liabilities | $9.37B | $6.35B | $4.6B | $4.6B | $4.59B | $4.3B | $904.84M | $3.69B | $3.42B | $3.37B | $3.22B | $2.69B | $2.45B | $2.21B | $2.12B | $2.01B | $1.57B | $1.1B | $1.27B | $1.36B | $1.44B | $1.33B | $1.43B | $1.4B | $1.26B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $394.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $12.65B | $8.73B | $6.26B | $5.92B | $5.59B | $5.47B | $1.22B | $4.76B | $4.37B | $4.23B | $3.96B | $3.38B | $3.04B | $2.96B | $2.91B | $2.71B | $2.19B | $2.09B | $1.76B | $1.78B | $1.77B | $1.75B | $1.77B | $1.8B | $1.56B |
| 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 |
| Common Stock | $4.2B | $2.97B | $2.97B | $2.97B | $2.97B | $2.97B | $738.9M | $2.97B | $1.98B | $1.98B | $1.98B | $1.98B | $1.23B | $1.23B | $1.23B | $0 | $0 | $0 | $0 | $0 | $0 | $12.94M | $10.01M | $9.81M | $671.03M |
| Retained Earnings | $0 | $4.29B | $2.92B | $15.24M | $1.96B | $1.62B | $0 | $1.01B | $1.6B | $1.24B | $806.5M | $732.03M | $1.33B | $1.07B | $835.82M | $664.6M | $407.14M | $191.61M | $0 | $610.45M | $489.51M | $369.25M | $277.18M | $0 | $0 |
| Comprehensive Income & Other | $4.29B | $55.55M | $2.94B | $2.44B | $1.97B | $1.54B | $326.88M | $901.96M | $1.49B | $1.07B | $736.48M | $654.8M | $1.33B | $1.09B | $0 | $0 | $0 | $0 | $1.24B | $481.03M | $501.3M | $519.02M | $539.73M | $566.33M | $0 |
| Other Stockholders' Equity | $4.2B | $55.55M | $29M | $2.43B | $9.19M | -$79.46M | $326.88M | -$108.81M | -$106.63M | -$163.61M | -$70.03M | -$77.23M | -$1.84M | $24.62M | $24.62M | $1.25B | $1.68B | $1.7B | $1.94B | $1.18B | $1.19B | $1.19B | $1.21B | $1.43B | $905.5M |
| Total Equity | $8.4B | $7.32B | $5.92B | $5.42B | $4.94B | $4.52B | $1.07B | $3.87B | $3.47B | $3.06B | $2.72B | $2.64B | $2.56B | $2.32B | $2.09B | $1.92B | $2.09B | $1.89B | $1.94B | $1.79B | $1.68B | $1.58B | $1.5B | $1.44B | $1.58B |
| Minority Interest | $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 and Equity | $21.05B | $16.04B | $12.18B | $11.34B | $10.54B | $9.99B | $2.29B | $8.63B | $7.84B | $7.28B | $6.68B | $6.02B | $5.6B | $5.29B | $5B | $4.63B | $4.27B | $3.99B | $3.7B | $3.57B | $3.45B | $3.33B | $3.28B | $3.24B | $3.14B |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $7.92B | $5.01B | $3.87B | $3.76B | $3.51B | $3.42B | $650.22M | $2.61B | $2.4B | $2.37B | $2.6B | $2.14B | $1.87B | $1.8B | $1.7B | $1.64B | $1.3B | $1.36B | $1.13B | $1.25B | $1.32B | $1.4B | $1.44B | $1.57B | $1.28B |
| Net Debt | $7B | $4.67B | $3.71B | $3.39B | $3.37B | $3.34B | $537.95M | $2.01B | $1.95B | $2B | $2.28B | $1.8B | $1.52B | $1.42B | $1.28B | $1.24B | $1.15B | $1.24B | $1.11B | $1.19B | $1.27B | $1.38B | $1.38B | $1.48B | $1.18B |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | |||||||||||||||||||||||||
| Net Income | $1.64B | $2.7B | $942.04M | $846.68M | $456.93M | $262.76M | $926.98M | $775.26M | $694.27M | $818.21M | $116.42M | $252.62M | $526.23M | $504.1M | $340.98M | $323.09M | $384.02M | $12.6M | $207.81M | $154.35M | $171.47M | $101.66M | $165.13M | -$128.91M | $42.63M |
| Depreciation & Amortization | $437.69M | $530.4M | $552.98M | $485.66M | $446.52M | $403.67M | $352.74M | $275.94M | $257.98M | $227.21M | $212.83M | $199.04M | $172.61M | $146.67M | $152.34M | $109.42M | $111.11M | $122.42M | $123.36M | $127.25M | $118.1M | $118.68M | $111.85M | $102.86M | $94.58M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$30.18M | -$20.69M | -$1.68M | -$6.43M | $67K | $3.28M | -$68.22M | $0 |
| 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 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | $364.84M | -$153.36M | -$216.31M | -$148.97M | -$147.09M | -$93.49M | -$9.15M | -$14.2M | -$8.36M | -$6.87M | -$22.14M | $72M | -$2.28M | -$31.09M | -$71.04M | -$54.73M | -$35.99M | -$59.81M | -$79.45M | -$120.76M | -$120.91M | -$135.87M | -$128.32M | -$41.42M | $0 |
| Inventory | $4.71M | -$2.73M | $7.58M | -$2.13M | -$1.72M | -$6.82M | -$963K | $3.98M | -$5.48M | $1.42M | -$109K | -$1.72M | -$1.22M | -$1.76M | -$1.69M | $690K | $1.34M | $1.16M | -$655K | $0 | -$1.28M | $0 | $0 | $0 | $0 |
| Accounts Payable | -$210.35M | -$86.73M | -$78.11M | -$43.69M | $0 | -$49.22M | -$69.16M | -$35.04M | -$35.74M | $1.26M | -$3.63M | -$17K | -$3.06M | -$5.15M | $28.82M | $7.07M | $6.08M | -$1.61M | -$2.79M | $9.93M | $5.19M | -$71K | $3.02M | -$8.8M | $0 |
| Other Working Capital | -$179.01M | $29.99M | -$239.91M | -$223.08M | -$92.51M | -$63.75M | -$43.59M | -$125.59M | -$142.29M | -$29.86M | -$39.23M | -$90.54M | -$112.34M | -$161.37M | -$23.06M | -$87.75M | -$57.21M | -$61.51M | -$57.68M | $110.83M | $19.69M | $4.96M | $3.4M | $0 | $0 |
| Total Working Capital Change | -$19.81M | -$212.83M | -$526.76M | -$417.87M | -$241.31M | -$213.28M | -$122.86M | -$170.86M | -$191.87M | -$34.04M | -$65.11M | -$20.28M | -$118.9M | -$199.37M | -$66.97M | -$134.72M | -$85.77M | -$121.78M | -$140.57M | -$3M | -$97.31M | -$130.98M | -$121.89M | -$50.22M | $0 |
| Other Non-Cash Items | -$434.19M | -$1.55B | -$6.33M | -$128.26M | $113.41M | $533.32M | -$325.13M | -$118.84M | -$106.09M | -$416.19M | $259.27M | $60.1M | -$29.62M | $11.55M | $112.06M | $114.98M | -$800K | $376.7M | $84.84M | $310.41M | -$3.01M | $173.55M | $129.47M | $332.62M | $191.14M |
| Net Cash from Operating | $1.63B | $1.47B | $961.93M | $786.21M | $775.54M | $986.48M | $831.72M | $761.51M | $654.3M | $595.19M | $523.42M | $491.48M | $550.32M | $462.94M | $538.41M | $412.77M | $408.55M | $500.94M | $439.04M | $590.33M | $347.73M | $262.98M | $291.73M | $193.1M | $328.35M |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | -$2.67B | -$19.96M | -$29.18M | -$14.6M | -$9.96M | -$8.4M | -$15.49M | -$10.04M | -$391.7M | -$423.23M | -$485.91M | -$544.6M | -$462.85M | -$402.96M | -$438.15M | -$376.81M | -$392.84M | -$308.17M | -$174.72M | $0 | -$130.86M | -$119.07M | -$200.01M | -$122.7M | -$137.64M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$6.37B | -$1.44B | -$310.4M | -$84.58M | $0 | -$677.08M | $0 | -$225K | $0 | $0 | -$503K | -$3K | -$73K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $5.99B | $1.05B | $161.89M | $234.16M | $0 | $0 | $48K | $0 | $1.04M | $1.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$1.57B | -$794.38M | -$705.35M | -$517.77M | -$655.78M | -$632M | -$423.57M | $1.04M | $1.01M | -$950K | -$1.87M | $10.83M | $6.89M | $40.19M | -$37.61M | $5.78M | $0 | $0 | $304.38M | -$21K | -$40.23M | -$44.29M | $14.4M | -$2.95M |
| Net Cash from Investing | -$3.05B | -$1.98B | -$972.07M | -$570.37M | -$527.74M | -$1.34B | -$647.44M | -$433.83M | -$390.66M | -$422.22M | -$487.37M | -$546.47M | -$452.1M | -$396.08M | -$397.96M | -$414.42M | -$387.06M | -$308.17M | -$174.72M | $304.38M | -$130.88M | -$159.3M | -$244.3M | -$108.3M | -$140.59M |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | - | -$916.38M | -$118.9M | -$251.72M | -$5.19M | -$303.85M | $70.31M | $8.76M | $18.03M | $56.43M | -$2.17M | -$144.37M | $227K | -$20.33M | $47.23M | -$321.99M | -$67.49M | $20.46M | $210.19M | $188.99M | $166.04M | $139.47M | $5.77M | $105.22M | - |
| Common Stock Issuance | $0 | $0 | $161K | $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 | -$92.35M | $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 | -$459.2M | $0 | $0 | $0 | -$50.38M | $0 | -$146.64M | -$129.48M | -$151.78M | -$27.62M | -$40.05M | -$92.63M | -$98.82M | -$114.68M | -$83.81M | -$78.95M | -$60.19M | -$140.47M | -$27.03M | $0 | -$16.22M | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$170.55M | -$239.63M | -$312.83M | -$239.77M | -$138.91M | -$317M | -$121.1M | -$41.59M | -$15.2M | -$39.96M | -$14.77M | -$8.45M | -$25.73M | -$25.97M | $22.45M | $243.04M | $7.3M | -$140.47M | -$27.03M | -$33.5M | -$16.22M | -$47M | -$60.3M | -$35.39M | -$151.31M |
| Net Cash from Financing | $2.01B | $676.75M | -$193.77M | $11.95M | -$184.09M | -$13.15M | -$338.05M | -$179.83M | -$185M | -$124.02M | -$52.65M | $43.29M | -$124.77M | -$112.21M | -$108.59M | $243.04M | $7.3M | -$160.92M | -$237.22M | $285.94M | -$182.25M | -$174.27M | -$66.07M | -$140.61M | -$151.31M |
| Forex Effect | $44.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$894.71M | $0 | -$103.67M | -$47.43M | -$84.8M | -$187.76M |
| Net Change in Cash | $623.27M | $167.27M | -$203.91M | $227.79M | $63.71M | -$367.94M | -$153.77M | $147.86M | $78.63M | $48.95M | -$16.6M | -$11.69M | -$26.55M | -$45.34M | $31.87M | $241.39M | $28.79M | $31.85M | $27.11M | $285.94M | $34.6M | -$174.27M | -$66.07M | -$140.61M | -$151.31M |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | $1.63B | $1.47B | $961.93M | $786.21M | $775.54M | $986.48M | $831.72M | $761.51M | $654.3M | $595.19M | $523.42M | $491.48M | $550.32M | $462.94M | $538.41M | $412.77M | $408.55M | $500.94M | $439.04M | $590.33M | $347.73M | $262.98M | $291.73M | $193.1M | $328.35M |
| Capital Expenditure | -$56.72M | -$19.96M | -$29.18M | -$14.6M | -$9.96M | -$8.4M | -$15.49M | -$10.04M | -$391.7M | -$423.23M | -$485.91M | -$544.6M | -$462.85M | -$402.96M | -$438.15M | -$376.81M | -$392.84M | -$308.17M | -$174.72M | $0 | -$130.86M | -$119.07M | -$200.01M | -$122.7M | -$137.64M |
| Free Cash Flow | $1.57B | $1.45B | $932.75M | $771.62M | $765.58M | $978.07M | $816.23M | $751.47M | $262.6M | $171.96M | $37.5M | -$53.12M | $87.47M | $59.98M | $100.26M | $35.97M | $15.71M | $192.78M | $264.32M | $590.33M | $216.88M | $143.9M | $91.72M | $70.4M | $190.71M |
| Cash at Beginning | $302.22M | $166.15M | $370.06M | $142.26M | $78.55M | $446.49M | $600.26M | $452.41M | $373.77M | $324.82M | $341.43M | $353.12M | $379.67M | $426.04M | $394.17M | $152.78M | $123.99M | $92.14M | $65.04M | $0 | $20.92M | $0 | $0 | $0 | $0 |
| Cash at End | $925.49M | $333.42M | $166.15M | $370.06M | $142.26M | $78.55M | $446.49M | $600.26M | $452.41M | $373.77M | $324.82M | $341.43M | $353.12M | $380.7M | $426.04M | $394.17M | $152.78M | $123.99M | $92.14M | $285.94M | $55.52M | -$174.27M | -$66.07M | -$140.61M | -$151.31M |