Carlsberg A/S (CABGY)
Carlsberg A/S, headquartered in Copenhagen, Denmark, specializes in the production and global distribution of beer and various other beverage products. Their extensive portfolio includes traditional core beers, a range of craft and specialty brews, and an increasing selection of alcohol-free options. These beverages are primarily sold under renowned brand names like Carlsberg, Tuborg, Feldschlösschen, Baltika, Chongqing, 1664 Blanc, Grimbergen, Ringnes, and Somersby. Established in 1847, the company not only operates significantly in Denmark but also boasts a substantial international presence, exporting its products to roughly 100 countries worldwide.
Sector: Beverages - Alcoholic
Industry: Beverages - Alcoholic
Carlsberg A/S
OTC:CABGYConsumer Defensive · Beverages - Alcoholic
-0.75%$30.57
Prev close$30.80-0.75%Close$30.57
Mkt Cap$20.16B
Float95.63M
O/S659.57M
Inst Own-
SI<0.1%
EarningsFeb 9 · in 3mo
Div Yield2.90%
Dilution
Financials Summary
Revenue$13.31B
Net Income$889.44M
Total Assets$22.99B
Free Cash Flow$1.17B
Debt & Equity
Debt 72%
Equity 28%
Total Debt$10.55B
Total Equity$4.15B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CABGY's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$22.99B
Liabilities$18.41B
Accounts Receivable$1.87B
Accounts Payable$4.01B
Inventory$1.06B
PP&E (Net)$4.9B
Goodwill$8.86B
Intangible Assets$3.57B
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $13.31B | $11.2B | $10.99B | $10.49B | $8.98B | $8.74B | $9.84B | $9.34B | $9.23B | $9.35B | $9.76B | $9.63B | $9.94B | $10.04B | $9.49B | $8.97B | $8.87B | $8.95B | $6.68B | $6.14B | $5.68B | $5.38B | $5.17B | $5.31B |
| YoY Growth | 18.8% | 1.9% | 4.7% | 16.9% | 2.7% | -11.2% | 5.4% | 1.1% | -1.3% | -4.2% | 1.3% | -3.1% | -1.0% | 5.7% | 5.8% | 1.1% | -0.9% | 34.0% | 8.9% | 8.0% | 5.7% | 3.9% | -2.6% | - |
| Cost of Revenue | $7.3B | $6.07B | $6.09B | $5.71B | $4.71B | $4.51B | $4.97B | $4.67B | $4.53B | $4.66B | $4.99B | $4.89B | $5.02B | $5.05B | $4.75B | $4.33B | $4.51B | $4.67B | $3.35B | $3.01B | $2.82B | $2.65B | $2.54B | $2.64B |
| Gross Profit | $6.01B | $5.14B | $4.9B | $4.79B | $4.27B | $4.24B | $4.87B | $4.66B | $4.7B | $4.69B | $4.77B | $4.75B | $4.92B | $4.98B | $4.75B | $4.64B | $4.36B | $4.29B | $3.33B | $3.13B | $2.86B | $2.73B | $2.63B | $2.67B |
| Gross Margin | 45.2% | 45.8% | 44.6% | 45.6% | 47.5% | 48.4% | 49.5% | 49.9% | 50.9% | 50.2% | 48.8% | 49.3% | 49.5% | 49.7% | 50.0% | 51.7% | 49.1% | 47.9% | 49.9% | 51.0% | 50.4% | 50.8% | 50.9% | 50.3% |
| Research and Development | $0 | $21.21M | $19.72M | $15.98M | $14.19M | $18.37M | $19.86M | $18.97M | $17.92M | $15.53M | $2.24M | $12.7M | $14.79M | $21.96M | $24.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $4.2B | $3.53B | $3.35B | $3.22B | $2.82B | $2.81B | $3.37B | $3.3B | $3.43B | $3.54B | $3.59B | $3.48B | $3.47B | $3.56B | $3.34B | $3.17B | $2.97B | $3.22B | $2.64B | $2.57B | $2.43B | $2.34B | $2.22B | $2.18B |
| Other | -$69.45M | -$118.89M | -$125.01M | -$160.71M | -$75.58M | -$42.87M | -$21.06M | -$24.05M | -$26.29M | -$35.85M | -$23M | -$43.02M | -$15.98M | -$3.29M | -$64.08M | $84.54M | $82.75M | $175.95M | $139.35M | $98.58M | -$38.39M | -$84.84M | -$61.24M | -$75.13M |
| Total Operating Expenses | $4.13B | $3.43B | $3.25B | $3.08B | $2.75B | $2.79B | $3.37B | $3.29B | $3.42B | $3.52B | $3.57B | $3.45B | $3.47B | $3.56B | $3.28B | $3.23B | $3.04B | $3.52B | $2.75B | $2.64B | $2.4B | $2.26B | $2.16B | $2.11B |
| Operating Income (EBIT) | $1.88B | $1.7B | $1.66B | $1.71B | $1.51B | $1.45B | $1.56B | $1.39B | $1.33B | $1.23B | $1.26B | $1.38B | $1.47B | $1.46B | $1.47B | $1.53B | $1.22B | $770.7M | $582.8M | $481.84M | $467.8M | $469.14M | $472.43M | $561M |
| Operating Margin | 14.2% | 15.2% | 15.1% | 16.3% | 16.9% | 16.6% | 15.9% | 14.9% | 14.4% | 13.2% | 12.9% | 14.3% | 14.8% | 14.6% | 15.4% | 17.1% | 13.7% | 8.6% | 8.7% | 7.9% | 8.2% | 8.7% | 9.1% | 10.6% |
| Interest Expense | $453.71M | $215.08M | $166.54M | $104.25M | $119.28M | $128.3M | $114.86M | $119.64M | $152.5M | $198.2M | $240.17M | $268.55M | $306.79M | $341.44M | $395.51M | $483.93M | $537.55M | $711.85M | $276.62M | $236.29M | $267.06M | $225.24M | $133.08M | $208.81M |
| Interest Income | $48.11M | $105.45M | $103.06M | $50.78M | $14.01M | $29.13M | $54.96M | $55.11M | $53.77M | $34.8M | $39.13M | $48.99M | $57.65M | $65.12M | $94.1M | $162.06M | $90.96M | $195.66M | $97.23M | $108.29M | $81.85M | $64.08M | $62.13M | $76.77M |
| Other Income (Expense) | -$532.02M | -$212.69M | -$190.43M | -$225.39M | $47.5M | -$98.28M | $0 | -$120.98M | -$799.53M | -$87.08M | -$1.44B | -$286.32M | -$289.91M | -$251.97M | -$341.44M | -$359.06M | -$550.39M | -$340.39M | -$40.03M | -$29.42M | -$185.21M | -$222.55M | -$70.95M | -$132.03M |
| Income Before Tax (EBT) | $1.35B | $1.49B | $1.47B | $1.49B | $1.56B | $1.35B | $1.53B | $1.27B | $526.2M | $1.08B | -$258.84M | $998.62M | $1.17B | $1.21B | $1.12B | $1.17B | $852.1M | $430.46M | $542.78M | $452.41M | $282.59M | $307.98M | $401.48M | $428.96M |
| Income Tax Expense | $297.59M | $296.03M | $277.66M | $265.56M | $321.72M | $333.52M | $410.89M | $356.37M | $217.77M | $357.27M | $126.81M | $261.08M | $282.89M | $277.96M | $274.52M | $281.54M | $229.72M | -$48.39M | $155.04M | $128.15M | $77.82M | $68.56M | $88.12M | $107.99M |
| Net Income | $889.44M | $1.36B | -$6.09B | -$158.77M | $1.02B | $900.64M | $981.15M | $792.96M | $188.04M | $670.03M | -$437.03M | $659.28M | $817.15M | $837.46M | $769.06M | $799.23M | $538M | $391.47M | $343.08M | $281.4M | $165.79M | $93.65M | $256.75M | $264.97M |
| Net Income Margin | 6.7% | 12.2% | -55.4% | -1.5% | 11.4% | 10.3% | 10.0% | 8.5% | 2.0% | 7.2% | -4.5% | 6.8% | 8.2% | 8.3% | 8.1% | 8.9% | 6.1% | 4.4% | 5.1% | 4.6% | 2.9% | 1.7% | 5.0% | 5.0% |
| Supplementary Data | ||||||||||||||||||||||||
| EPS | 8.67 | 10.34 | -59.78 | -1.52 | 9.91 | 8.25 | 8.73 | 6.94 | 2.71 | 5.88 | -3.39 | 5.78 | 7.18 | 7.36 | 6.76 | 7.02 | 4.72 | 4.42 | 4.86 | 3.99 | 2.36 | 3.64 | 2.53 | 2.68 |
| Diluted EPS | 8.67 | 10.32 | -59.78 | -1.52 | 9.88 | 8.22 | 8.69 | 6.94 | 2.70 | 5.88 | -3.39 | 5.76 | 7.14 | 7.34 | 6.74 | 7.00 | 4.72 | 4.42 | 4.84 | 3.97 | 2.36 | 3.64 | 2.53 | 2.68 |
| Weighted Average OS | 660.83M | 663.13M | 682.27M | 699.17M | 719.24M | 730.52M | 752.05M | 764.76M | 762.48M | 762.84M | 761.98M | 762.67M | 762.74M | 762.72M | 762.69M | 762.74M | 762.75M | 593.89M | 472.33M | 472.39M | 472.16M | 439.82M | 376.99M | 376.99M |
| EBITDA | $2.6B | $2.36B | $2.24B | $2.18B | $2.07B | $2.13B | $2.31B | $2B | $2.09B | $1.87B | $1.96B | $2.04B | $2.05B | $2.23B | $2.12B | $2.25B | $1.95B | $1.71B | $1.26B | $1.16B | $999.22M | $958.3M | $933.8M | $1.03B |
| EBITDA Margin | 19.5% | 21.1% | 20.4% | 20.8% | 23.1% | 24.4% | 23.5% | 21.5% | 22.6% | 20.0% | 20.1% | 21.1% | 20.6% | 22.2% | 22.3% | 25.1% | 22.0% | 19.0% | 18.8% | 18.8% | 17.6% | 17.8% | 18.1% | 19.4% |
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 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Assets | ||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.43B | $1.72B | $2B | $1.22B | $1.25B | $1.21B | $779.96M | $834.78M | $517.09M | $523.06M | $467.65M | $361.15M | $554.73M | $860.32M | $469.74M | $408.5M | $408.35M | $426.72M | $335.91M | $371.91M | $334.57M | $262.58M | $771.45M | $595.35M |
| Short-Term Investments | $0 | $8.81M | $333.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.14M | $3.58M | $5.08M | $2.54M | $1.05M | $5.08M | $1.19M | $16.28M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.43B | $1.73B | $2.33B | $1.22B | $1.25B | $1.21B | $779.96M | $834.78M | $517.09M | $523.06M | $467.65M | $361.15M | $554.73M | $863.45M | $473.32M | $413.58M | $410.89M | $427.77M | $340.99M | $373.1M | $350.85M | $262.58M | $771.45M | $595.35M |
| Accounts Receivable | $1.87B | $1.08B | $1.13B | $756.81M | $852.85M | $556.37M | $1.08B | $1.08B | $1.04B | $1.23B | $1.28B | $1.41B | $1.42B | $1.48B | $1.45B | -$62.58M | $1.14B | $1.41B | $1.16B | $1.08B | $1.34B | -$19.42M | $1.24B | $1.23B |
| Inventory | $1.06B | $889.14M | $867.93M | $854.04M | $805.2M | $689M | $709.61M | $662.41M | $572.65M | $591.92M | $570.11M | $671.82M | $711.25M | $678.25M | $649.72M | $625.97M | $537.85M | $794.15M | $570.26M | $480.94M | $428.07M | $429.86M | $399.54M | $415.22M |
| Other Current Assets | -$219.41M | $61.24M | $53.17M | $2.14B | $405.81M | $268.25M | $0 | $1.08B | $1.04B | $1.25B | $1.35B | $1.55B | $1.45B | $1.49B | $104.4M | $1.2B | $26.14M | $39.13M | $9.26M | $12.55M | $19.72M | $1.16B | $0 | $0 |
| Total Current Assets | $4.37B | $3.94B | $4.51B | $5.12B | $3.45B | $2.84B | $2.68B | $2.7B | $2.28B | $2.54B | $2.55B | $2.78B | $3.01B | $3.16B | $2.81B | $2.32B | $2.22B | $2.86B | $2.23B | $2.09B | $2.23B | $1.93B | $2.5B | $2.38B |
| Long-Term Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment Net | $4.9B | $4.04B | $3.65B | $3.54B | $3.98B | $3.93B | $4.17B | $3.79B | $3.63B | $3.85B | $3.98B | $4.29B | $5B | $4.78B | $4.76B | $4.84B | $4.75B | $5.08B | $3.3B | $3.04B | $3.04B | $3.06B | $2.86B | $3.11B |
| Goodwill | $8.86B | $6.22B | $5.72B | $5.74B | $7.84B | $7.54B | $7.9B | $7.61B | $7.54B | $7.9B | $7.51B | $7.85B | $8.52B | $8.05B | $7.92B | $0 | $0 | $0 | $0 | $0 | $0 | $2.68B | $767.71M | $780.26M |
| Intangible Assets | $3.57B | $1.61B | $1.61B | $1.61B | $2.39B | $2.33B | $2.52B | $2.38B | $2.58B | $3.57B | $3.38B | $4.36B | $5.21B | $5.57B | $5.38B | $13.12B | $12.19B | $12.65B | $3.17B | $3.18B | $3.09B | $78.26M | $53.17M | $60.79M |
| Long-Term Investments | $1.3B | $689.3M | $812.07M | $964.72M | $933.06M | $775.48M | $827.91M | $845.23M | $779.36M | $862.11M | $975.32M | $638.82M | $563.24M | $948.89M | $770.85M | $741.87M | $409.85M | $348.76M | $106.2M | $110.68M | $553.53M | $569.66M | $662.86M | $543.22M |
| Deferred Tax Assets | $375.04M | $307.09M | $270.34M | $258.54M | $287.07M | $263.92M | $289.46M | $252.87M | $248.39M | $240.47M | $253.46M | $213.59M | $175.5M | $174.75M | $179.08M | $194.32M | $221.5M | $187.3M | $109.48M | $122.77M | $150.11M | $128.6M | $109.33M | $70.95M |
| Other Long-Term Assets | -$375.04M | $130.39M | $131.59M | $964.72M | $933.06M | $74.83M | $0 | $0 | $0 | $0 | $0 | $318.29M | $101.71M | $313.66M | $250.78M | $329.79M | $300.36M | $280.5M | $232.26M | $189.69M | $252.87M | $18.52M | $24.64M | $1.05M |
| Total Long-Term Assets | $18.62B | $12.99B | $12.19B | $12.11B | $15.43B | $14.91B | $15.71B | $14.88B | $14.79B | $16.42B | $16.1B | $17.68B | $19.57B | $19.84B | $19.26B | $19.22B | $17.87B | $18.55B | $6.92B | $6.64B | $7.08B | $6.54B | $4.48B | $4.57B |
| 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 |
| Total Assets | $22.99B | $16.93B | $16.7B | $17.23B | $18.88B | $17.75B | $18.39B | $17.58B | $17.06B | $18.95B | $18.66B | $20.46B | $22.57B | $23B | $22.06B | $21.54B | $20.09B | $21.4B | $9.14B | $8.73B | $9.31B | $8.47B | $6.98B | $6.95B |
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payable | $4.01B | $3.48B | $3.31B | $3.27B | $3.08B | $2.48B | $2.56B | $2.42B | $2.01B | $2.02B | $1.83B | $1.8B | $1.88B | $1.77B | $1.65B | $1.4B | $1.18B | $1.2B | $871.22M | $768.76M | $674.06M | $608.49M | $623.28M | $545.46M |
| Short-Term Debt | $1.28B | $1.54B | $1.18B | $805.2M | $865.1M | $83.79M | $550.84M | $1.08B | $126.81M | $1.35B | $679.44M | $274.08M | $1.42B | $500.66M | $277.96M | $591.32M | $496.18M | $790.27M | $577.88M | $979.21M | $1.23B | $501.1M | $744.56M | $872.12M |
| Current Income Tax Payable | $0 | $179.83M | $157.13M | $151.15M | $201.64M | $138.16M | $149.21M | $131.14M | $139.05M | $139.65M | $89.77M | $115.75M | $79.31M | $80.21M | $78.71M | $79.76M | $61.39M | $41.67M | $29.42M | $27.93M | $107.54M | $106.05M | $69.3M | $51.08M |
| Current Unearned Revenue | $254.19M | $0 | $0 | $243.01M | $342.33M | $328.89M | $397.6M | $131.14M | $227.33M | $249.73M | $199.7M | $191.93M | $158.47M | $175.35M | $278.71M | $156.23M | $224.49M | $142.79M | $103.21M | $97.53M | $191.33M | $136.66M | $92.45M | $96.64M |
| Other Current Liabilities | $1.4B | $1.61B | $2.34B | $2.75B | $1.92B | $1.16B | $1.25B | $1.52B | $1.47B | $1.59B | $1.84B | $1.77B | $1.74B | $1.76B | $1.96B | $1.97B | $1.99B | $1.8B | $1.09B | $968.01M | $1.04B | $728.88M | $704.09M | $779.66M |
| Total Current Liabilities | $7.25B | $6.88B | $7.05B | $7.28B | $6.46B | $4.25B | $4.98B | $5.15B | $3.74B | $5.1B | $4.44B | $3.96B | $5.14B | $4.11B | $3.96B | $4.04B | $3.73B | $3.82B | $2.57B | $2.74B | $3.05B | $1.94B | $2.14B | $2.26B |
| Long-Term Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | $8.83B | $3.84B | $4.4B | $3.24B | $3.25B | $4.21B | $2.94B | $2.5B | $3.49B | $3.16B | $4.7B | $5.78B | $4.58B | $5.48B | $5.13B | $4.87B | $5.39B | $6.46B | $2.9B | $2.43B | $2.65B | $3.24B | $1.63B | $1.6B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $715.59M | $1.16B | $1.36B | $1.01B | $1.04B | $1.27B | $1.29B | $1.08B | $652.85M | $775.33M | $636.87M | $588.48M | $531.28M | $546.51M | $368.77M | $354.43M | $338.45M | $311.27M | $143.39M | $133.98M |
| Long-Term Deferred Tax Liabilities | $1.3B | $708.57M | $720.37M | $723.05M | $0 | $0 | $703.19M | $845.23M | $836.57M | $933.5M | $884.81M | $1.06B | $1.32B | $1.45B | $1.44B | $1.48B | $1.45B | $1.46B | $327.25M | $362.2M | $352.79M | $345.62M | $174.3M | $194.77M |
| Other Long-Term Liabilities | $687.95M | $677.35M | $487.81M | $622.24M | $1.02B | $1.49B | $1.35B | $1.77B | $1.39B | $1.41B | $1.17B | $1.28B | $1.52B | $949.49M | $188.49M | $164.3M | -$53.32M | -$705.13M | $2.99M | $8.07M | $9.71M | $224.04M | $215.98M | $182.97M |
| Total Long-Term Liabilities | $11.16B | $5.48B | $5.8B | $4.76B | $5.13B | $7.02B | $6.54B | $5.28B | $5.92B | $5.84B | $7.16B | $8.13B | $6.76B | $7.88B | $7.4B | $7.1B | $6.78B | $8.51B | $3.59B | $3.15B | $3.35B | $4.12B | $2.16B | $2.11B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $18.41B | $12.35B | $12.86B | $12.04B | $11.59B | $11.27B | $11.51B | $10.43B | $9.67B | $10.94B | $11.6B | $12.1B | $11.89B | $12B | $11.36B | $11.14B | $10.51B | $12.33B | $6.17B | $5.89B | $6.4B | $6.07B | $4.3B | $4.37B |
| Stockholders' Equity | ||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.07B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $396.22M | $401.03M | $410.29M | $423.74M | $433.89M | $442.56M | $455.7M | $455.7M | $455.7M | $455.7M | $455.7M | $455.7M | $455.7M | $455.7M | $455.7M | $455.7M | $455.7M | $455.7M | $227.92M | $227.92M | $227.92M | $227.92M | $190.88M | $190.88M |
| Retained Earnings | $4.23B | $3.82B | $3.48B | $10.57B | $11.99B | $11.53B | $11.06B | $11.81B | $11.56B | $11.54B | $11.33B | $12.01B | $11.73B | $11.01B | $10.69B | $10.19B | $9.5B | $9.07B | $2.57B | $2.35B | $2.13B | $1.87B | $1.22B | $1.23B |
| Comprehensive Income & Other | -$477.02M | -$74.08M | -$421.05M | -$6.23B | -$5.63B | -$6.1B | -$5.03B | -$5.5B | -$5B | -$4.41B | $455.7M | -$4.63B | -$2.07B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | -$477.02M | -$74.08M | -$421.05M | -$6.23B | -$5.63B | -$6.1B | -$5.03B | -$5.5B | -$5B | -$4.41B | -$5.29B | -$4.63B | -$2.05B | -$967.26M | -$1.31B | -$1.05B | -$1.76B | -$2.01B | -$212.99M | -$158.17M | $93.95M | -$196.56M | -$720.96M | -$765.77M |
| Total Equity | $4.15B | $4.15B | $3.47B | $4.76B | $6.8B | $5.87B | $6.49B | $6.77B | $7.01B | $7.59B | $6.5B | $7.83B | $10.13B | $10.49B | $9.84B | $9.6B | $8.19B | $7.51B | $2.58B | $2.42B | $2.46B | $1.9B | $693.93M | $655.1M |
| Minority Interest | $428.93M | $424.33M | $375.64M | $421.2M | $486.77M | $605.51M | $386.4M | $386.4M | $387.59M | $424.03M | $558.91M | $531.72M | $550.84M | $506.18M | $860.76M | $803.71M | $696.02M | $781.16M | $197.6M | $207.61M | $228.22M | $253.32M | $990.26M | $963.38M |
| Total Liabilities and Equity | $22.56B | $16.5B | $16.33B | $16.81B | $18.39B | $17.14B | $18B | $17.19B | $16.68B | $18.53B | $18.1B | $19.93B | $22.02B | $22.49B | $21.2B | $20.74B | $18.7B | $19.84B | $8.75B | $8.32B | $8.86B | $7.97B | $5B | $5.02B |
| Supplementary Data | ||||||||||||||||||||||||
| Total Debt | $10.55B | $5.7B | $5.84B | $4.28B | $4.32B | $4.52B | $3.73B | $3.58B | $3.61B | $4.51B | $5.38B | $6.05B | $6.01B | $5.98B | $5.41B | $5.46B | $5.88B | $7.25B | $3.47B | $3.4B | $3.88B | $3.74B | $2.37B | $2.47B |
| Net Debt | $9.12B | $3.97B | $3.84B | $3.06B | $3.07B | $3.31B | $2.95B | $2.75B | $3.1B | $3.99B | $4.91B | $5.69B | $5.45B | $5.12B | $4.94B | $5.05B | $5.48B | $6.82B | $3.14B | $3.03B | $3.55B | $3.48B | $1.6B | $1.87B |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||
| Net Income | $855.29M | $148.55M | $1.66B | $1.71B | $1.62B | $1.45B | $1.56B | $1.39B | $1.33B | $1.23B | $1.26B | $1.38B | $1.47B | $1.46B | $1.47B | $1.53B | $1.4B | $1.19B | $785.94M | $604.31M | $525.45M | $469.14M | $472.43M | $561M |
| Depreciation & Amortization | $810.73M | $652.71M | $608.49M | $625.37M | $632.99M | $655.84M | $669.45M | $607M | $684.22M | $708.27M | $698.11M | $612.83M | $703.64M | $678.84M | $564.58M | $595.5M | $632.69M | $562.79M | $437.63M | $466.75M | $449.58M | $411.19M | $399.24M | $392.82M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$552.34M | -$490.05M | -$583.55M | -$536.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $19.42M | $14.49M | $12.25M | $6.27M | $32.41M | $25.99M | $4.93M | $7.77M | $16.88M | $5.38M | $8.51M | $8.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||
| Accounts Receivable | $76.98M | -$8.71M | $67.96M | -$108.59M | -$296.03M | $238.23M | $50.19M | -$63.18M | $69.75M | $60.19M | $89.62M | -$5.08M | -$76.92M | $30.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $52.28M | -$477K | -$21.36M | -$189.84M | -$96.79M | -$149K | -$28.08M | -$87.53M | -$11.2M | -$12.4M | $37.34M | $10.01M | -$27.18M | -$30.17M | -$30.77M | -$43.46M | $234.2M | -$10.16M | -$95.44M | -$43.02M | $13.89M | -$6.27M | -$2.69M | $25.54M |
| Accounts Payable | -$69.08M | $8.9M | $92.3M | $509.47M | $445.39M | -$24.2M | $89.17M | $0 | $0 | $0 | $29.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$141.04M | -$13.52M | -$151.15M | $4.48M | $159.37M | -$170.87M | $56.76M | $380.27M | $195.81M | -$3.29M | $238.23M | -$138.31M | -$11.2M | $79.31M | -$117.4M | $0 | $314.7M | $242.56M | $61.09M | $101.12M | $135.77M | $32.71M | $87.97M | $96.49M |
| Total Working Capital Change | -$80.86M | -$13.8M | -$12.25M | $215.53M | $211.94M | $43.02M | $168.03M | $292.75M | $184.61M | -$15.68M | $275.57M | -$128.3M | -$38.39M | $49.14M | -$148.17M | $106.94M | $548.9M | $232.41M | -$34.35M | $58.1M | $149.66M | $26.44M | $85.28M | $122.03M |
| Other Non-Cash Items | $288.14M | $1.24B | -$540.69M | -$342.93M | $53.17M | -$31.51M | -$21.37M | $16.73M | -$427.02M | -$530.68M | -$722.31M | -$757.11M | -$778.92M | -$716.33M | -$566.23M | -$587.29M | -$548.15M | -$820.14M | -$466.75M | -$461.52M | -$417.61M | -$338.3M | -$282.29M | -$246.89M |
| Net Cash from Operating | $1.87B | $2.03B | $1.73B | $2.23B | $1.98B | $1.63B | $1.83B | $1.8B | $1.77B | $1.39B | $1.51B | $1.11B | $1.36B | $1.47B | $1.32B | $1.65B | $2.04B | $1.17B | $722.46M | $667.64M | $707.07M | $568.47M | $674.66M | $828.95M |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditures | -$803.15M | -$108.95M | -$633.74M | -$600.13M | -$630.45M | -$656.59M | -$685.86M | -$601.47M | -$605.36M | -$573.54M | -$619.85M | -$882.42M | -$867.19M | -$757.71M | -$651.96M | -$504.39M | -$471.23M | -$957.25M | -$835.82M | -$531.57M | -$475.86M | -$30.17M | -$181.92M | -$446.74M |
| Acquisitions | -$4.33B | -$133.23M | -$123.37M | -$7.17M | -$102.61M | -$358.61M | -$6.12M | -$368.17M | $76.17M | $401.03M | -$3.58M | -$264.52M | -$378.03M | -$126.81M | -$47.8M | -$376.09M | $5.97M | -$7.73B | -$26.74M | $2.69M | -$110.23M | -$635.08M | -$21.36M | -$168.93M |
| Purchases of Investments | -$2.15M | -$3.49M | -$48.87M | -$10.16M | -$7.47M | -$2.09M | -$6.72M | -$222.7M | $0 | -$100.97M | -$101.42M | $0 | $0 | -$5.83M | -$1.34M | -$5.23M | -$1.64M | -$143.54M | -$6.42M | -$12.25M | -$106.05M | $30.17M | -$87.38M | $0 |
| Sales of Investments | $29.73M | $47.2M | $0 | $299K | $7.47M | $2.09M | $3.73M | $448K | $37.64M | $215.08M | $135.02M | $0 | $0 | $3.73M | $1.05M | $2.69M | $6.57M | $5.83M | $5.53M | $223.14M | $299.02M | $476.91M | $0 | $21.06M |
| Other Investing Activities | $718K | -$28.25M | -$247.94M | -$77.95M | $78.41M | $138.31M | $354.88M | $89.77M | $58.1M | $66.02M | $232.41M | $141M | -$81.55M | $293.05M | -$29.27M | $10.6M | -$76.02M | $285.13M | $127.55M | $327.7M | $41.52M | -$184.46M | $6.27M | $5.23M |
| Net Cash from Investing | -$5.11B | -$226.73M | -$1.01B | -$695.11M | -$654.65M | -$876.9M | -$340.09M | -$879.88M | -$471.08M | -$106.49M | -$391.03M | -$1.01B | -$1.33B | -$593.56M | -$729.33M | -$872.41M | -$460.33M | -$8.54B | -$735.9M | $9.71M | -$351.59M | -$342.63M | -$284.38M | -$589.38M |
| Financing Activities | ||||||||||||||||||||||||
| Debt Repaid | -$5.09B | -$828.8M | -$1.72B | $280.05M | $155.88M | -$1.28B | -$56.16M | $5.68M | $797.14M | $851.36M | $606.11M | -$77.52M | $18.22M | -$485.72M | $202.38M | $589.97M | $1.32B | -$3.16B | -$115.75M | $536.5M | $12.55M | -$690.79M | $114.11M | -$46.3M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.65M | $16.43M | $22.25M | $18.97M | $5.23M | $14.49M | $6.72M | $10.16M | $0 | $0 | $4.4B | $0 | $0 | $0 | $456.89M | $0 | $0 |
| Common Stock Repurchases | -$597K | -$42.45M | -$477.95M | -$1.16B | -$537.7M | -$433.15M | -$612.38M | -$19.12M | -$39.73M | -$31.81M | -$38.68M | -$7.32M | -$24.94M | -$10.46M | -$79.76M | -$86.78M | -$80.65M | $0 | -$75.88M | -$59.3M | -$48.54M | $0 | -$1.79M | -$144.88M |
| Dividends Paid | -$513.17M | -$78M | -$551.89M | -$506.18M | -$476.01M | -$461.97M | -$408.95M | -$364.29M | -$227.77M | -$205.07M | -$205.07M | -$182.22M | -$136.66M | -$125.31M | -$113.96M | $0 | $0 | $0 | $0 | $0 | $0 | -$45.41M | -$45.41M | -$47.8M |
| Other Financing Activities | -$236.64M | -$1.92B | -$234.79M | $316.5M | -$143.09M | -$165.79M | -$572.2M | -$189.84M | -$117.85M | -$176.1M | -$96.93M | -$132.33M | -$89.62M | -$762.19M | -$244.95M | -$131.14M | -$88.27M | -$82M | -$67.36M | -$104.7M | -$236.14M | -$1.73B | -$68.56M | -$18.97M |
| Net Cash from Financing | $3.04B | -$2.08B | $204.62M | -$1.46B | -$1.34B | -$270.34M | -$1.54B | -$567.27M | -$1.14B | -$1.37B | -$982.05M | -$271.09M | -$258.24M | -$536.06M | -$551.29M | -$807.89M | -$1.49B | $7.48B | -$27.48M | -$700.5M | -$297.23M | -$631.2M | -$229.87M | -$165.34M |
| Forex Effect | $104.17M | $1.64M | -$183.56M | -$102.01M | $68.41M | -$65.42M | $6.87M | -$6.57M | -$37.04M | -$12.4M | -$15.68M | $13.29M | -$24.64M | -$12.55M | -$747K | $37.04M | -$5.68M | -$4.33M | -$12.4M | -$11.5M | $7.47M | -$4.78M | $26.44M | -$99.62M |
| Net Change in Cash | -$90.73M | -$279.6M | $779.51M | -$27.03M | $57.65M | $419.55M | -$42.57M | $345.62M | $115.31M | -$100.37M | $125.76M | -$157.72M | -$260.34M | $332.18M | $34.95M | $2.69M | $77.37M | $106.64M | -$53.32M | -$34.65M | $65.72M | -$410.14M | $186.85M | -$25.39M |
| Supplementary Data | ||||||||||||||||||||||||
| Operating Cash Flow | $1.87B | $262.18M | $1.73B | $1.93B | $1.98B | $1.63B | $1.83B | $1.8B | $1.77B | $1.39B | $1.51B | $1.11B | $1.36B | $1.47B | $1.32B | $1.65B | $2.04B | $1.17B | $722.46M | $667.64M | $707.07M | $568.47M | $674.66M | $828.95M |
| Capital Expenditure | -$707.21M | -$108.95M | -$633.74M | -$600.13M | -$630.45M | -$656.59M | -$685.86M | -$601.47M | -$605.36M | -$573.54M | -$619.85M | -$882.42M | -$867.19M | -$757.71M | -$651.96M | -$504.39M | -$471.23M | -$957.25M | -$835.82M | -$531.57M | -$475.86M | -$30.17M | -$181.92M | -$446.74M |
| Free Cash Flow | $1.17B | $153.23M | $1.1B | $1.33B | $1.35B | $975.62M | $1.14B | $1.2B | $1.16B | $819.84M | $894.67M | $223.59M | $489.45M | $716.63M | $664.36M | $1.14B | $1.56B | $209.55M | -$113.36M | $136.07M | $231.21M | $538.3M | $492.74M | $382.21M |
| Cash at Beginning | $1.52B | $2B | $1.22B | $1.25B | $1.19B | $769.06M | $811.63M | $466M | $350.7M | $451.07M | $325.31M | $483.03M | $755.62M | $423.44M | $388.49M | $385.8M | $308.43M | $201.79M | $255.11M | $289.76M | $224.04M | $634.18M | $447.33M | $472.73M |
| Cash at End | $1.43B | $1.72B | $2B | $1.22B | $1.25B | $1.19B | $769.06M | $811.63M | $466M | $350.7M | $451.07M | $325.31M | $495.28M | $755.62M | $423.44M | $388.49M | $385.8M | $308.43M | $201.79M | $255.11M | $289.76M | $224.04M | $634.18M | $447.33M |