Suzano S.A. (SUZ)
Suzano S.A. is a prominent global producer and seller of eucalyptus pulp and paper products, with operations extending internationally from its base in Brazil. Its core business is structured around distinct Pulp and Paper segments. The company's extensive product portfolio includes various types of paper, such as coated and uncoated printing and writing papers, paperboards, and tissue products. Additionally, Suzano supplies market and fluff pulps, along with lignin and its byproducts. Beyond these traditional offerings, Suzano maintains a diverse range of other ventures. These encompass the research, development, and production of biofuel, the operation of port terminals, and involvement in power generation and distribution. The company also engages in the commercialization of equipment, parts, paper, and computer materials. Its internal activities cover business office management, production packaging, and financial fundraising. A significant area of focus is innovation, with substantial investment in biotechnology research and development. This includes the entire lifecycle—from R&D to production, commercialization, and distribution—of wood-based textile fibers, yarns, and filaments derived from cellulose and microfibrillated cellulose. Furthermore, Suzano conducts research into new wood raw materials specifically for the textile industry. Founded in 1924, Suzano S.A. was formerly known as Suzano Papel e Celulose S.A. before adopting its current name in April 2019. The company's headquarters are located in Salvador, Brazil.
Sector: Paper Mills
Industry: Paper, Lumber & Forest Products
Suzano S.A.
NYSE:SUZBasic Materials · Paper, Lumber & Forest Products
+1.29%$8.64
AH Close$8.66+0.23%vs close
AH Close$8.66+0.23%vs close
Mkt Cap$10.64B
Float1.22B
O/S1.23B
Inst Own5.9%
SI0.8%
Div Yield2.47%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$9.74B
Net Income$2.6B
Total Assets$33.26B
Free Cash Flow$1.1B
Debt & Equity
Debt 71%
Equity 29%
Total Debt$21.05B
Total Equity$8.68B
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitSep 24, 20191 share → 2
Balance Sheet Details
Assets$33.26B
Liabilities$24.56B
Accounts Receivable$1.78B
Accounts Payable$1.02B
Inventory$1.63B
PP&E (Net)$18.96B
Goodwill$1.62B
Intangible Assets$947.41M
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 | $9.74B | $9.39B | $7.88B | $9.87B | $8.12B | $6.04B | $5.15B | $2.66B | $2.08B | $1.96B | $2.03B | $1.44B | $1.13B | $1.03B | $960.67M | $894.47M | $783.27M | $805.24M | $675.66M | $614.09M | $552.27M |
| YoY Growth | 3.6% | 19.2% | -20.2% | 21.6% | 34.5% | 17.1% | 93.5% | 27.8% | 6.5% | -3.3% | 40.7% | 27.7% | 9.6% | 7.1% | 7.4% | 14.2% | -2.7% | 19.2% | 10.0% | 11.2% | - |
| Cost of Revenue | $6.71B | $5.43B | $4.97B | $4.92B | $4.09B | $3.76B | $4.11B | $1.37B | $1.28B | $1.3B | $1.23B | $1.06B | $830.35M | $799.82M | $747.44M | $623.9M | $603.01M | $524.57M | $440.73M | $386.52M | $349.55M |
| Gross Profit | $3.03B | $3.96B | $2.91B | $4.96B | $4.03B | $2.28B | $1.04B | $1.29B | $806.77M | $656.04M | $800.58M | $378.27M | $296.9M | $229.07M | $213.23M | $270.56M | $180.26M | $280.66M | $234.92M | $227.57M | $202.72M |
| Gross Margin | 31.1% | 42.2% | 36.9% | 50.2% | 49.7% | 37.7% | 20.3% | 48.5% | 38.7% | 33.5% | 39.5% | 26.3% | 26.3% | 22.3% | 22.2% | 30.2% | 23.0% | 34.9% | 34.8% | 37.1% | 36.7% |
| 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 | $1.21B | $883.71M | $683.41M | $622.13M | $559.09M | $521.89M | $604.86M | $274.38M | $183.27M | $159.67M | $166.36M | $133.52M | $129.55M | $129.15M | $115.23M | $102.34M | $72.08M | $80.64M | $79.83M | $80.6M | $71.71M |
| Other | -$401.23M | -$29.51M | -$195.42M | -$69.89M | -$129.15M | $82.61M | -$81.55M | $25.15M | -$31.89M | $21.65M | $22.32M | $1.45M | -$13.35M | -$215K | -$36.02M | -$59.95M | $123.75M | $14.06M | -$25.34M | $154K | -$2.12M |
| Total Operating Expenses | $808.12M | $854.2M | $487.99M | $552.24M | $429.94M | $604.49M | $523.32M | $300.41M | $152.09M | $182M | $189.37M | $135.58M | $116.2M | $128.94M | $79.2M | $42.39M | $195.83M | $94.71M | $97.35M | $98.76M | $78.95M |
| Operating Income (EBIT) | $2.22B | $3.11B | $2.42B | $4.4B | $3.6B | $1.67B | $520.88M | $992.34M | $645.58M | $260.99M | $608.34M | $243.65M | $193.32M | $107.87M | -$19.48M | $178.16M | $122.43M | -$125.99M | $187.09M | $118.27M | $130.31M |
| Operating Margin | 22.8% | 33.1% | 30.7% | 44.6% | 44.4% | 27.7% | 10.1% | 37.3% | 31.0% | 13.3% | 30.0% | 16.9% | 17.1% | 10.5% | -2.0% | 19.9% | 15.6% | -15.6% | 27.7% | 19.3% | 23.6% |
| Interest Expense | $1.3B | $971.95M | $808.16M | $909.62M | $742.95M | $169.82M | $210M | $237.11M | $226.77M | $151.13M | $185.56M | $159.12M | $135.06M | $113.25M | $97.75M | $54.23M | $0 | $82.79M | $66.53M | $53.74M | $46.06M |
| Interest Income | $307.73M | $316.68M | $246.67M | $191.62M | $40.74M | $5.64M | $19.69M | $86.24M | $15M | $0 | $0 | $0 | $48.83M | $58.5M | $34.48M | $0 | $138M | $43.02M | $27.52M | $24.77M | $24.98M |
| Other Income (Expense) | $1.74B | -$5.71B | $1.15B | $1.27B | -$1.85B | -$5.17B | -$1.33B | -$959.59M | -$201.89M | $222.28M | -$872.51M | -$312.96M | -$248.8M | -$164.99M | -$153.51M | $0 | $142.31M | $0 | $0 | $154K | -$2.12M |
| Income Before Tax (EBT) | $3.97B | -$2.6B | $3.57B | $5.68B | $1.75B | -$3.5B | -$811.9M | $32.76M | $443.69M | $479.19M | -$269.2M | -$72.12M | -$55.48M | -$61.62M | -$19.48M | $178.16M | $244.15M | -$125.99M | $161.75M | $118.43M | $128.2M |
| Income Tax Expense | $1.35B | -$1.2B | $771M | $1.04B | $39.12M | -$1.37B | -$254.13M | -$30.62M | $85.53M | $143.9M | -$85.84M | -$20.3M | -$11.79M | -$25.53M | -$25.4M | $25.77M | $70.18M | -$36.56M | $54.87M | $30.51M | $29.19M |
| Net Income | $2.6B | -$1.4B | $2.79B | $4.63B | $1.71B | -$2.13B | -$558.32M | $63.35M | $358.16M | $335.28M | -$183.37M | -$51.82M | -$43.69M | -$36.09M | $5.92M | $152.38M | $173.97M | -$89.43M | $106.88M | $87.92M | $99.01M |
| Net Income Margin | 26.8% | -14.9% | 35.4% | 46.9% | 21.1% | -35.2% | -10.8% | 2.4% | 17.2% | 17.1% | -9.1% | -3.6% | -3.9% | -3.5% | 0.6% | 17.0% | 22.2% | -11.1% | 15.8% | 14.3% | 17.9% |
| Supplementary Data | |||||||||||||||||||||
| EPS | 10.63 | -5.59 | 10.85 | 17.58 | 6.39 | -7.94 | -2.09 | 0.29 | 1.67 | 1.54 | -0.85 | -0.24 | -0.20 | -0.25 | 0.07 | 2.13 | 2.55 | -1.05 | 1.37 | 1.47 | 1.66 |
| Diluted EPS | 10.63 | -5.59 | 10.85 | 17.57 | 6.39 | -7.94 | -2.09 | 0.29 | 1.66 | 1.53 | -0.85 | -0.24 | -0.20 | -0.25 | 0.06 | 2.13 | 2.55 | -1.05 | 1.37 | 1.47 | 1.66 |
| Weighted Average OS | 1.24B | 1.26B | 1.30B | 1.33B | 1.35B | 1.35B | 1.35B | 1.09B | 1.09B | 1.09B | 1.09B | 1.09B | 1.08B | 722.04M | 397.95M | 364.57M | 383.14M | 428.19M | 391.40M | 301.89M | 301.89M |
| EBITDA | $7.5B | $4.72B | $5.83B | $7.96B | $3.9B | -$1.41B | $1.5B | $547.32M | $899.44M | $743.44M | $894.52M | $481.49M | $339.9M | $284.8M | $211.2M | $336.59M | $230.02M | $291.14M | $319.38M | $249.34M | $231.39M |
| EBITDA Margin | 77.0% | 50.2% | 73.9% | 80.6% | 48.0% | -23.4% | 29.2% | 20.5% | 43.1% | 38.0% | 44.2% | 33.4% | 30.2% | 27.7% | 22.0% | 37.6% | 29.4% | 36.2% | 47.3% | 40.6% | 41.9% |
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 | $3.01B | $1.79B | $1.65B | $1.88B | $2.69B | $260.76M | $160.05M | $869.41M | $213.38M | $319.97M | $292.73M | $730.44M | $731.13M | $859.54M | $648.76M | $740.21M | $501.99M | $431.26M | $262.66M | $297.26M | $214.38M |
| Short-Term Investments | $1.97B | $2.57B | $2.54B | $1.5B | $1.49B | $84.39M | $302.98M | $4.18B | $323.3M | $412.29M | $192.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $4.97B | $4.36B | $4.19B | $3.38B | $4.18B | $345.15M | $463.03M | $5.05B | $536.68M | $732.26M | $485.11M | $730.44M | $731.13M | $859.54M | $648.76M | $740.21M | $501.99M | $431.26M | $262.66M | $297.26M | $214.38M |
| Accounts Receivable | $1.78B | $2.03B | $1.53B | $2.01B | $1.37B | $154.93M | $215.17M | $502.74M | $455.32M | $428.2M | $373.72M | $239.26M | $292.11M | $230.75M | $276.04M | $167.54M | $198.78M | -$1.84M | -$3.43M | $151.51M | $141.51M |
| Inventory | $1.63B | $1.58B | $1.18B | $1.14B | $918.96M | $154.6M | $239.21M | $367.21M | $239.37M | $260.21M | $260.78M | $213.43M | $179.38M | $135.49M | $143.15M | $130.55M | $120.02M | $174.69M | $137.81M | $114.15M | $91.76M |
| Other Current Assets | $308.37M | $375.64M | $713.69M | $806.45M | $279.02M | $30.42M | $12.82M | $182.84M | $118.05M | $177.3M | $178.7M | $122.96M | $78.07M | $38.2M | $3.3M | $34.03M | $213.24M | $268.23M | $219.25M | $26.68M | $30.46M |
| Total Current Assets | $8.69B | $8.36B | $7.64B | $7.36B | $6.76B | $685.1M | $930.24M | $6.1B | $1.35B | $1.59B | $1.31B | $1.31B | $1.28B | $1.33B | $1.06B | $1.07B | $822.01M | $873.23M | $616.95M | $590.67M | $479.02M |
| Long-Term Assets | |||||||||||||||||||||
| Property, Plant & Equipment Net | $18.96B | $13.9B | $12.78B | $11.05B | $8.51B | $2.09B | $2.74B | $3.37B | $3.21B | $3.22B | $3.24B | $3.31B | $3.28B | $3B | $2.59B | $2.17B | $1.38B | $1.36B | $1.35B | $1.18B | $809.54M |
| Goodwill | $1.62B | $1.67B | $1.67B | $1.64B | $1.64B | $305.87M | $397.19M | $31.38M | $9.01M | $9.01M | $9.01M | $15.75M | $6.75M | $6.75M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $947.41M | $1.13B | $1.3B | $1.42B | $1.59B | $333.51M | $475.35M | $35.97M | $28.33M | $34.51M | $56.31M | $42.12M | $37.76M | $35.41M | $276.04M | $167.54M | $198.78M | -$1.84M | -$3.43M | $0 | $0 |
| Long-Term Investments | $1.97B | $315.36M | $75.13M | $75.13M | $57.93M | $72.27M | $90.56M | $2.84M | $1.34M | $173K | $158.6M | $161.83M | $172.98M | $120.14M | $0 | $0 | $117.04M | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $297.88M | $1.58B | $108.04M | $789.94M | $1.73B | $331.03M | $105.12M | $1.78M | $516K | $916K | $512K | $226K | $213K | $161K | $136K | $0 | $99.44M | $128.14M | $94.03M | $31.46M | $27.84M |
| Other Long-Term Assets | $776.6M | $5.92B | $4.88B | $4.07B | $3.29B | $70.57M | $88.47M | $1.14B | $1.05B | $972.85M | $830.71M | $736.94M | $599.89M | $534.8M | $597.29M | $471.87M | $10.99M | $104.41M | $201.02M | $213.58M | $134.19M |
| Total Long-Term Assets | $24.57B | $24.52B | $20.81B | $19.04B | $16.82B | $3.2B | $3.89B | $4.58B | $4.31B | $4.23B | $4.29B | $4.26B | $4.1B | $3.7B | $3.23B | $2.67B | $1.71B | $1.69B | $1.65B | $1.42B | $971.58M |
| 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 | $33.26B | $32.88B | $28.45B | $26.39B | $23.58B | $3.88B | $4.82B | $10.69B | $5.65B | $5.83B | $5.6B | $5.57B | $5.38B | $5.02B | $4.29B | $3.75B | $2.53B | $2.57B | $2.27B | $2.01B | $1.45B |
| Liabilities | |||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||
| Accounts Payable | $1.02B | $1.2B | $1.1B | $1.23B | $651.72M | $90.08M | $117.06M | $125.35M | $123.09M | $115.51M | $115.22M | $99.39M | $173.7M | $201.32M | $108.73M | $64.49M | $62.64M | $65.82M | $93.83M | $50.22M | $45.95M |
| Short-Term Debt | $462.92M | $2.08B | $942.89M | $660.87M | $724.38M | $65.94M | $295.46M | $677.92M | $418.2M | $315.06M | $400.17M | $355.02M | $197.29M | $315.99M | $450.92M | $273.99M | $289.86M | $344.16M | $148.3M | $115.98M | $200.1M |
| Current Income Tax Payable | $0 | $72.07M | $87.87M | $89M | $67.29M | $33.78M | $60.96M | $48.32M | $24.94M | $15.49M | $11.15M | $10.8M | $10.71M | $9M | $8.78M | $8.76M | $8.91M | $11.87M | $10.71M | $9.25M | $4.24M |
| Current Unearned Revenue | $26.22M | $28.77M | $34.17M | $26.03M | $20.54M | $960K | $2.95M | $14.89M | $18.34M | $102.01M | $6.35M | $1.55M | $1.47M | $2.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $672.6M | $619.89M | $200.51M | $598.18M | $402.4M | $132.18M | $118.49M | $349.79M | $153.7M | $294.7M | $143.07M | $121.69M | $43.21M | $4.87M | -$5.73M | $18.05M | $7.09M | $18.86M | -$4.8M | $11.82M | $10.91M |
| Total Current Liabilities | $2.73B | $4.85B | $2.93B | $2.87B | $2.29B | $311.79M | $565.47M | $1.2B | $734.84M | $758.92M | $695.65M | $607.88M | $452.08M | $565.91M | $611.23M | $411.23M | $424.07M | $466.98M | $266.33M | $197.48M | $284.94M |
| Long-Term Liabilities | |||||||||||||||||||||
| Long-Term Debt | $19.38B | $18.02B | $14.35B | $14.12B | $15.05B | $2.7B | $2.82B | $6.4B | $1.99B | $2.46B | $2.55B | $2.37B | $2.35B | $1.83B | $1.3B | $1.14B | $1.04B | $1.17B | $971.07M | $962.61M | $504.71M |
| Long-Term Unearned Revenue | $14.8M | $14.81M | $14.81M | $26.98M | $29.63M | $0 | $0 | -$5.79B | $163.18M | $166.39M | $124.92M | $75.13M | $49.94M | $50.17M | $0 | $0 | $124.04M | $0 | $118.21M | $6.42M | $4.61M |
| Long-Term Deferred Tax Liabilities | $0 | $2.5M | $2.25M | $222K | $0 | $22K | $28.52M | $205.72M | $354.7M | $308.95M | $205.67M | $293.12M | $323.83M | $333.88M | $0 | $0 | $66.23M | $0 | -$863.67M | -$802.84M | -$263.27M |
| Other Long-Term Liabilities | $1.23B | $2.36B | $1.19B | $1.71B | $2.15B | $414.38M | $350.5M | $700.93M | $454.34M | $120.7M | $528.08M | $474.05M | $408.26M | $57.32M | $88.61M | $480.32M | $2.55M | $191.62M | $162.65M | $51.59M | $40.17M |
| Total Long-Term Liabilities | $21.83B | $21.61B | $16.64B | $16.95B | $18.28B | $3.29B | $3.37B | $7.1B | $2.61B | $3.06B | $3.08B | $2.92B | $2.81B | $2.28B | $1.76B | $1.62B | $1.24B | $1.36B | $1.13B | $1.02B | $549.49M |
| 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 | $24.56B | $26.46B | $19.57B | $19.82B | $20.57B | $3.6B | $3.93B | $8.3B | $3.35B | $3.82B | $3.78B | $3.53B | $3.26B | $2.84B | $2.37B | $2.04B | $1.66B | $1.83B | $1.4B | $1.22B | $834.43M |
| 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 | $4.8B | $3.82B | $1.83B | $1.83B | $1.83B | $352.34M | $454.94M | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $1.24B | $682.77M | $532.09M | $407.1M | $407.1M | $407.1M | $407.1M | $293.27M |
| Retained Earnings | $0 | $2.57B | $0 | $4.8B | $778.33M | -$149.78M | $0 | $593.01M | $579.18M | $324.71M | $139.93M | $367.05M | $433.46M | $489.41M | $0 | $0 | $0 | $291.65M | $0 | $0 | $0 |
| Comprehensive Income & Other | $4.18B | $272.53M | $7.32B | $5.14B | $422.15M | $81.66M | $441.14M | $593.67M | $658.39M | $368.74M | $99.13M | $323.87M | $386.69M | $447.51M | -$781.06M | -$804.89M | -$734.9M | -$672.69M | -$600.42M | -$554.37M | $0 |
| Other Stockholders' Equity | $3.88B | $7.15M | $7.03B | -$75.77M | $378.9M | $73.34M | $430.39M | $550.42M | $486.87M | $448.46M | $444.71M | $440.13M | $447.45M | $454.09M | $1.23B | $1.18B | $461.58M | $41.7M | $463.14M | $388.21M | $322.9M |
| Total Equity | $8.68B | $6.4B | $8.86B | $6.55B | $2.99B | $275.89M | $885.33M | $2.38B | $2.3B | $2.01B | $1.82B | $2.04B | $2.12B | $2.18B | $1.92B | $1.71B | $868.68M | $740.45M | $870.25M | $795.31M | $616.17M |
| Minority Interest | $27.75M | $26.02M | $23.29M | $20.87M | $19.75M | $4.03M | $5.68M | $2.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $33.23B | $32.86B | $28.43B | $26.37B | $23.56B | $3.88B | $4.82B | $10.68B | $5.65B | $5.83B | $5.6B | $5.57B | $5.38B | $5.02B | $4.29B | $3.75B | $2.53B | $2.57B | $2.27B | $2.01B | $1.45B |
| Supplementary Data | |||||||||||||||||||||
| Total Debt | $21.05B | $21.48B | $16.53B | $16B | $16.95B | $2.94B | $3.28B | $7.08B | $2.42B | $2.78B | $3.08B | $2.87B | $2.59B | $2.16B | $1.56B | $1.42B | $1.33B | $1.51B | $1.12B | $1.08B | $704.81M |
| Net Debt | $18.04B | $19.69B | $14.88B | $14.12B | $14.25B | $2.68B | $3.12B | $6.21B | $2.2B | $2.46B | $2.79B | $2.14B | $1.86B | $1.3B | $914.34M | $677.89M | $830.6M | $1.08B | $854.57M | $781.33M | $490.43M |
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 | $2.6B | -$1.4B | $2.8B | $4.64B | $1.71B | -$2.12B | -$557.77M | $63.37M | $358.16M | $335.28M | -$183.37M | -$51.82M | -$43.69M | -$36.09M | $5.92M | $152.38M | $173.97M | -$89.43M | $106.88M | $87.92M | $99.01M |
| Depreciation & Amortization | $2.24B | $1.83B | $1.45B | $1.47B | $1.4B | $1.34B | $1.6B | $309.77M | $277.97M | $278.12M | $281.28M | $240.99M | $185.67M | $144.11M | $124.81M | $104.2M | $96.11M | $105.18M | $89.58M | $77.17M | $57.13M |
| Deferred Income Tax | $1.25B | -$1.47B | $692.65M | $941.48M | -$106.33M | -$1.41B | -$328.29M | -$146.85M | $45.47M | $106.49M | -$89.61M | -$23.76M | -$13.76M | -$25.99M | $0 | -$130.5M | -$233.32M | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $15.56M | $0 | $0 | $0 | $26.08M | $6.68M | $556K | $8.94M | $4.44M | $5.17M | $2.56M | $0 | $1.04M | $1.84M | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||
| Accounts Receivable | $227.91M | -$179.17M | $295.01M | -$647.46M | -$635.65M | $306.03M | $244.41M | -$36.86M | -$131.27M | $37.72M | -$163.46M | $51.66M | -$58.83M | -$11.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$42.03M | -$171.14M | -$9.64M | -$191.82M | -$129.75M | $129.04M | $173.08M | -$121.41M | $15.13M | -$7.79M | -$54.61M | -$35.78M | -$48.03M | -$8.2M | $327K | -$6.44M | $54.67M | -$45.24M | $0 | $0 | $0 |
| Accounts Payable | $1.29M | $428.98M | $91.75M | $303.8M | $270.19M | $27.84M | -$308.28M | $292K | $12.53M | -$931K | $18.28M | -$79.13M | -$64.83M | $46.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $64.79M | $126.72M | $89.95M | $75.29M | $20.76M | -$14.35M | -$16.42M | -$106.27M | $110.72M | $115.05M | $14.29M | $71.59M | $16.91M | $2.67M | $52.17M | $17.98M | $56.61M | -$57.86M | $0 | $0 | $0 |
| Total Working Capital Change | $251.96M | $205.38M | $467.06M | -$460.18M | -$474.45M | $448.56M | $92.79M | -$264.25M | $7.11M | $144.06M | -$185.49M | $8.34M | -$154.78M | $29.24M | $52.5M | $11.54M | $111.28M | -$103.09M | -$52.8M | -$42.07M | -$51M |
| Other Non-Cash Items | -$2.82B | $4.92B | -$1.97B | -$2.32B | $961.08M | $4.35B | $698.82M | $1.04B | -$110.82M | $360.21M | $227.48M | $112.09M | $29.45M | $18.9M | $3.5M | $94.74M | $84.95M | $246.95M | $62.49M | $51.39M | $9.94M |
| Net Cash from Operating | $3.53B | $4.08B | $3.43B | $4.29B | $3.5B | $2.6B | $1.5B | $1.02B | $584.57M | $595.11M | $465.81M | $290.27M | $8.07M | $132.74M | $186.73M | $233.4M | $234.83M | $159.61M | $206.14M | $174.42M | $115.08M |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | -$2.44B | -$3.24B | -$2.31B | -$2.94B | -$426.16M | -$297.88M | -$396.65M | -$480.28M | -$352.78M | -$460.59M | -$289M | -$269.33M | -$447.34M | -$551.58M | -$490.03M | -$119.51M | -$130.52M | -$211.21M | -$256.19M | -$440.65M | -$178.2M |
| Acquisitions | $19.57M | -$510.63M | -$218.8M | -$13.28M | -$11.56M | $0 | -$5.16B | -$58.35M | $16.78M | $6.98M | $8.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | -$285.45M | -$1.05B | -$13.36M | -$1.03B | $0 | -$57K | -$3.83B | $0 | -$208.74M | -$185.12M | -$8.72M | $0 | $0 | -$10K | -$27.19M | -$1M | $0 | -$8.64M | -$71.76M | -$98.56M |
| Sales of Investments | $571.52M | $0 | $0 | $13.36M | $0 | $761.23M | $3.84B | $0 | $136.19M | $0 | $0 | $0 | $62.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$60.11M | -$24.64M | -$1.58B | -$418.04M | -$581.17M | -$609.27M | -$599.14M | -$3.81B | $16.78M | $6.98M | $8.3M | $1.07M | $3.74M | $13.73M | -$149.87M | $76.85M | $13.35M | $128.61M | $17.36M | $8.54M | $3M |
| Net Cash from Investing | -$1.91B | -$4.06B | -$5.16B | -$3.37B | -$2.05B | -$145.93M | -$2.32B | -$4.35B | -$199.81M | -$662.34M | -$465.82M | -$276.98M | -$381.3M | -$537.86M | -$639.91M | -$69.85M | -$118.17M | -$82.59M | -$247.46M | -$503.88M | -$273.76M |
| Financing Activities | |||||||||||||||||||||
| Debt Repaid | -$13.96M | -$982.21M | -$1.08B | $441.17M | -$101.14M | $1.02B | -$862.79M | -$4.34B | $390.73M | -$161.02M | $399.53M | $15.08M | -$252.81M | -$343.45M | -$397.4M | -$149.35M | $21.83M | -$162.32M | -$113.4M | -$343.07M | -$181.35M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.69M | $0 | $1.69M | $1.69M | $0 | $0 | $289.98M | $0 | $0 | $0 | $0 | $8K | $113.82M | $402K |
| Common Stock Repurchases | -$37.28M | -$556.18M | -$174.56M | -$377.38M | $0 | $0 | $0 | $0 | -$16K | $1.12B | $0 | -$24.21M | -$10.07M | -$6.74M | $0 | -$8.43M | $0 | -$58.97M | $0 | $0 | $0 |
| Dividends Paid | -$428.97M | -$321.94M | $0 | -$822.51M | -$1.92M | $0 | -$120.21M | -$41.65M | -$113.06M | -$59.43M | -$53.49M | -$24.21M | -$19.81M | -$16.5M | -$30.57M | -$49.35M | -$7M | -$12.8M | -$29.16M | -$36.14M | -$20.02M |
| Other Financing Activities | $98.8M | -$120.69M | $643.98M | $34.55M | -$411.1M | -$917.45M | -$120.01M | -$329.34M | -$13.8M | $10.58M | -$49.87M | $4.88M | -$5.53M | -$4.31M | -$5.32M | -$15.15M | -$5.11M | -$17.08M | -$579K | $0 | $0 |
| Net Cash from Financing | -$353.49M | -$16.6M | $1.55B | -$1.61B | -$311.88M | -$1.94B | $622.58M | $3.97B | -$494.25M | $126.51M | -$492.27M | -$34.41M | $217.4M | $605.89M | $356.04M | $76.42M | -$34.12M | $73.47M | $24.44M | $420.76M | $161.74M |
| Forex Effect | $159.38M | $131.78M | -$47.38M | -$119.39M | $208.23M | $194.76M | -$32.01M | $13.36M | $2.91M | -$32.04M | $54.57M | $23.03M | $27.43M | $10M | $5.69M | -$1.75M | -$11.81M | $15.26M | -$9.7M | -$8.42M | -$3.92M |
| Net Change in Cash | $1.42B | $133.35M | -$229.88M | -$809.44M | $1.34B | $710.58M | -$225.57M | $656.03M | -$106.58M | $27.24M | -$437.71M | -$699K | -$128.4M | $210.78M | -$91.45M | $238.22M | $70.74M | $165.74M | -$34.6M | $82.88M | -$860K |
| Supplementary Data | |||||||||||||||||||||
| Operating Cash Flow | $3.53B | $4.08B | $3.43B | $4.29B | $3.5B | $2.6B | $1.5B | $1.02B | $584.57M | $595.11M | $465.81M | $290.27M | $8.07M | $132.74M | $186.73M | $233.4M | $234.83M | $159.61M | $206.14M | $174.42M | $115.08M |
| Capital Expenditure | -$2.43B | -$3.28B | -$3.48B | -$2.94B | -$1.24B | -$970.55M | -$964.72M | -$480.28M | -$352.78M | -$460.59M | -$289M | -$269.33M | -$447.34M | -$551.58M | -$490.03M | -$119.51M | -$130.52M | -$211.21M | -$256.19M | -$440.65M | -$178.2M |
| Free Cash Flow | $1.1B | $806.77M | -$47.87M | $1.35B | $2.26B | $1.63B | $536.62M | $544.37M | $231.78M | $134.52M | $176.81M | $20.93M | -$439.26M | -$418.84M | -$303.3M | $113.9M | $104.31M | -$51.6M | -$50.05M | -$266.24M | -$63.12M |
| Cash at Beginning | $1.58B | $1.65B | $1.88B | $2.69B | $1.35B | $643.84M | $869.41M | $213.38M | $319.97M | $292.73M | $730.44M | $731.13M | $859.54M | $648.76M | $740.21M | $501.99M | $431.26M | $265.52M | $297.26M | $214.38M | $215.24M |
| Cash at End | $3.01B | $1.79B | $1.65B | $1.88B | $2.69B | $1.35B | $643.84M | $869.41M | $213.38M | $319.97M | $292.73M | $730.44M | $731.13M | $859.54M | $648.76M | $740.21M | $501.99M | $431.26M | $262.66M | $297.26M | $214.38M |