Fresenius Medical Care AG (FMCQF)
Fresenius Medical Care AG engages in the provision of products and services for individuals with renal diseases. It operates through the Care Enablement and Care Delivery segments. The Care Enablement segment is involved in the healthcare products business including research and development, manufacturing, supply chain, and commercial operations as well as supporting functions, such as regulatory and quality management. The Care Delivery segment focuses on the health care services for the treatment of CKD, ESRD, and other extracorporeal therapies, including value and risk-based care programs. The company was founded on August 5, 1996 and is headquartered in Bad Homburg, Germany.
Sector: Services-Misc Health & Allied Services, NEC
Fresenius Medical Care AG
OTC:FMCQFSub-class of FMS
+9.16%$47.84
CLOSED · Nov 5Prev close$43.82+9.16%Close$47.84
Mkt Cap$24.83B
Float180.93M
O/S519.02M
VOL26K sh
$ Vol$1.23M
RVOL1.96×
Inst Own-
Div Yield3.61%
Dilution
Financials Summary
Revenue$21.91B
Net Income$1.09B
Total Assets$34.6B
Free Cash Flow$1.97B
Debt & Equity
Debt 45%
Equity 55%
Total Debt$12.05B
Total Equity$14.85B
Shares Outstanding
Short Interest
Split History1 split
- 3:1Forward splitJun 18, 20071 share → 3
Balance Sheet Details
Assets$34.6B
Liabilities$18.66B
Accounts Receivable$3.51B
Accounts Payable$823.67M
Inventory$2.39B
PP&E (Net)$7.26B
Goodwill$15.15B
Intangible Assets$1.4B
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 | FY 2000 | FY 1999 | FY 1998 | FY 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 |
| Revenue | $21.91B | $21.59B | $21.72B | $21.66B | $19.67B | $19.94B | $19.51B | $18.47B | $19.86B | $19.01B | $17.09B | $14.54B | $11.81B | $11.65B | $11.02B | $10.12B | $8.76B | $8.51B | $7.44B | $7.19B | $6.38B | $5.13B | $4.9B | $5.41B | $6.1B | $4.99B | $4.26B | $3.34B | $3.31B |
| YoY Growth | 1.5% | -0.6% | 0.3% | 10.1% | -1.3% | 2.2% | 5.6% | -7.0% | 4.4% | 11.2% | 17.6% | 23.1% | 1.4% | 5.7% | 8.9% | 15.4% | 3.0% | 14.3% | 3.5% | 12.6% | 24.4% | 4.7% | -9.4% | -11.3% | 22.1% | 17.2% | 27.7% | 0.9% | - |
| Cost of Revenue | $16.29B | $16.28B | $16.22B | $16.19B | $14B | $13.76B | $13.49B | $12.72B | $13.15B | $12.88B | $11.65B | $9.95B | $7.98B | $7.77B | $7.13B | $6.64B | $5.78B | $5.6B | $4.87B | $4.76B | $4.18B | $3.41B | $3.28B | $3.65B | $4.04B | $3.25B | $2.37B | $1.83B | $0 |
| Gross Profit | $5.61B | $5.31B | $5.5B | $5.46B | $5.67B | $6.18B | $6.02B | $5.76B | $6.7B | $6.14B | $5.44B | $4.59B | $3.83B | $3.88B | $3.89B | $3.48B | $2.99B | $2.91B | $2.57B | $2.43B | $2.2B | $1.72B | $1.62B | $1.76B | $2.06B | $1.74B | $1.89B | $1.5B | $3.31B |
| Gross Margin | 25.6% | 24.6% | 25.3% | 25.2% | 28.8% | 31.0% | 30.9% | 31.2% | 33.8% | 32.3% | 31.8% | 31.6% | 32.4% | 33.3% | 35.3% | 34.4% | 34.1% | 34.2% | 34.5% | 33.9% | 34.4% | 33.5% | 33.1% | 32.6% | 33.7% | 34.9% | 44.3% | 45.0% | 100.0% |
| Research and Development | $176.34M | $204.87M | $258.99M | $255.26M | $246.75M | $216.6M | $187.57M | $149.61M | $146.26M | $171.98M | $142.97M | $112.02M | $101.72M | $94.24M | $95.48M | $81.04M | $73.1M | $64.35M | $50.94M | $43.39M | $48.03M | $42.3M | $44.05M | $50.47M | $44.8M | $37.96M | $36.05M | $29.7M | $0 |
| Selling, General, and Administrative | $3.39B | $3.51B | $3.57B | $3.54B | $3.46B | $3.53B | $3.42B | $3.2B | $3.99B | $3.23B | $2.96B | $2.43B | $1.93B | $1.88B | $2.04B | $1.78B | $1.54B | $1.5B | $1.31B | $1.31B | $1.27B | $973.66M | $905.84M | $972.08M | $1.21B | $967.67M | $913.31M | $742.56M | $0 |
| Other | $0 | $42.37M | $142.09M | -$19.05M | $0 | -$105.53M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.96B | $2.04B | $0 | $0 | $0 | $0 | $1.28B | $0 | $0 | $0 | $0 | $1.54B | $0 | $1.23B | $1.01B | $0 |
| Total Operating Expenses | $3.56B | $3.76B | $3.97B | $3.78B | $3.7B | $3.61B | $3.61B | $3.35B | $4.14B | $3.4B | $3.1B | $2.54B | $2.04B | $2.06B | $2.11B | $1.86B | $1.62B | $1.57B | $1.36B | $1.32B | $1.31B | $1.02B | $949.89M | $1.02B | $1.58B | $1.01B | $1.26B | $1.04B | $0 |
| Operating Income (EBIT) | $2.05B | $1.55B | $1.53B | $1.69B | $2.13B | $2.57B | $792.72M | $3.39B | $2.64B | $2.8B | $2.38B | $2.07B | $1.82B | $1.87B | $1.79B | $1.62B | $1.37B | $1.34B | $1.21B | $1.12B | $885.09M | $702.01M | $671.49M | $739.44M | $475.86M | $738.01M | $621.59M | $465.43M | $3.31B |
| Operating Margin | 9.4% | 7.2% | 7.0% | 7.8% | 10.8% | 12.9% | 4.1% | 18.4% | 13.3% | 14.7% | 13.9% | 14.2% | 15.4% | 16.1% | 16.2% | 16.0% | 15.6% | 15.8% | 16.3% | 15.5% | 13.9% | 13.7% | 13.7% | 13.7% | 7.8% | 14.8% | 14.6% | 13.9% | 100.0% |
| Interest Expense | $429.69M | $454.46M | $474.11M | $402.1M | $394.79M | $457.76M | $548.2M | $500.19M | $464.69M | $476.53M | $511.24M | $454.49M | $361.83M | $397.24M | $306.98M | $256.44M | $250.43M | $289.98M | $306.03M | $314.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $78.13M | $79.91M | $97.02M | $75.55M | $81.5M | $46.85M | $69.22M | $164.13M | $57.36M | $70.79M | $117.31M | $77.13M | $31.49M | $37.55M | $51.54M | $21.33M | $16.67M | $19.9M | $21.89M | $17.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$363.84M | -$374.55M | -$375.62M | -$326.55M | -$313.1M | -$410.89M | -$561.74M | $617.31M | -$300.54M | -$405.75M | -$422.66M | -$377.48M | -$330.34M | -$241.84M | -$255.44M | -$235.11M | -$233.75M | -$270.08M | -$284.14M | -$297.14M | -$163.26M | -$151.34M | -$189.31M | -$224.06M | -$281.91M | -$260.3M | -$911.51M | -$211.34M | -$3.31B |
| Income Before Tax (EBT) | $1.69B | $1.18B | $1.15B | $1.36B | $1.75B | $2.16B | $2.06B | $3.06B | $2.24B | $2.37B | $1.98B | $1.69B | $1.49B | $1.63B | $1.53B | $1.38B | $1.13B | $1.07B | $925.88M | $817.94M | $721.83M | $550.67M | $482.18M | $515.38M | $193.94M | $477.71M | -$289.92M | $147.08M | $0 |
| Income Tax Expense | $358.26M | $352.88M | $335.57M | $362.81M | $393.94M | $558.87M | $448.83M | $570.53M | $506.89M | $725.08M | $636.22M | $536.21M | $478.67M | $510.87M | $517.81M | $485.52M | $382.17M | $392.3M | $356.58M | $349.8M | $291.05M | $218.6M | $188.58M | $194.51M | $114.44M | $225.6M | -$14.14M | $128.9M | -$91.55M |
| Net Income | $1.09B | $600.58M | $557.13M | $751.86M | $1.08B | $1.3B | $1.34B | $2.21B | $1.43B | $1.32B | $1.05B | $959.48M | $897.4M | $1B | $922.73M | $821.46M | $694.44M | $655.74M | $549.16M | $454.07M | $428.87M | $331.09M | $293.6M | $308.33M | $79.5M | $252.11M | -$275.78M | $18.18M | $91.55M |
| Net Income Margin | 5.0% | 2.8% | 2.6% | 3.5% | 5.5% | 6.5% | 6.9% | 12.0% | 7.2% | 6.9% | 6.1% | 6.6% | 7.6% | 8.6% | 8.4% | 8.1% | 7.9% | 7.7% | 7.4% | 6.3% | 6.7% | 6.5% | 6.0% | 5.7% | 1.3% | 5.0% | -6.5% | 0.5% | 2.8% |
| Supplementary Data | |||||||||||||||||||||||||||||
| EPS | 3.35 | 1.83 | 1.70 | 2.30 | 3.31 | 3.96 | 3.96 | 6.47 | 4.17 | 3.87 | 3.09 | 2.85 | 2.64 | 2.94 | 2.73 | 2.44 | 2.09 | 1.98 | 1.67 | 1.38 | 1.32 | 1.02 | 0.91 | 0.95 | 0.24 | 0.84 | -1.04 | 0.06 | 0.35 |
| Diluted EPS | 3.35 | 1.83 | 1.70 | 2.30 | 3.31 | 3.96 | 3.96 | 6.47 | 4.17 | 3.87 | 3.09 | 2.85 | 2.64 | 2.93 | 2.73 | 2.44 | 2.09 | 1.97 | 1.66 | 1.37 | 1.31 | 1.02 | 0.91 | 0.95 | 0.24 | 0.84 | -1.04 | 0.06 | 0.35 |
| Weighted Average OS | 291.19M | 293.41M | 293.41M | 293.25M | 292.94M | 294.06M | 302.69M | 306.54M | 306.56M | 305.75M | 304.44M | 302.34M | 303.82M | 305.11M | 299.01M | 298.12M | 294.42M | 297.03M | 295.67M | 294.20M | 291.64M | 233.33M | 210.00M | 210.00M | 210.00M | 268.45M | 236.71M | 210.00M | 210.00M |
| EBITDA | $3.79B | $3.58B | $3.58B | $3.82B | $3.86B | $4.61B | $4.27B | $4.35B | $3.52B | $3.54B | $3.22B | $2.7B | $2.37B | $2.58B | $2.32B | $2.06B | $1.74B | $1.69B | $1.51B | $1.39B | $1.12B | $893.57M | $863.32M | $963.47M | $881.81M | $1.12B | $936.94M | $731.1M | $3.31B |
| EBITDA Margin | 17.3% | 16.6% | 16.5% | 17.6% | 19.6% | 23.1% | 21.9% | 23.6% | 17.7% | 18.6% | 18.8% | 18.6% | 20.1% | 22.2% | 21.0% | 20.3% | 19.9% | 19.9% | 20.3% | 19.4% | 17.6% | 17.4% | 17.6% | 17.8% | 14.5% | 22.5% | 22.0% | 21.9% | 100.0% |
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 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.78B | $1.29B | $1.54B | $1.42B | $1.65B | $1.21B | $1.13B | $2.4B | $1.09B | $793.27M | $561.16M | $581.98M | $552.06M | $580.86M | $393.93M | $438.95M | $234.74M | $177.72M | $187.38M | $134.52M | $80.2M | $48.57M | $42.93M | $68.94M | $77.26M | $76.77M | $38.57M | $30.37M |
| Short-Term Investments | $142.34M | $330.07M | $152.16M | $189.79M | $152.25M | $180.52M | $148.85M | $0 | $0 | $280.59M | $277.72M | $154.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.93B | $1.62B | $1.72B | $1.61B | $1.81B | $1.39B | $1.27B | $2.4B | $1.09B | $1.07B | $838.88M | $736.29M | $552.06M | $580.86M | $393.93M | $438.95M | $234.74M | $177.72M | $187.38M | $134.52M | $80.2M | $48.57M | $42.93M | $68.94M | $77.26M | $76.77M | $38.57M | $30.37M |
| Accounts Receivable | $3.51B | $4.38B | $4.06B | $4.15B | $4B | $3.64B | $4.01B | $4.2B | $4.13B | $4.62B | $4.24B | $3.71B | $2.95B | $2.89B | $2.85B | $2.24B | $1.99B | $1.89B | $1.62B | $1.69B | $1.42B | $1.24B | $1.13B | $1.02B | $1.16B | $956.95M | $855.29M | $607.56M |
| Inventory | $2.39B | $2.31B | $2.43B | $2.56B | $2.28B | $2.12B | $1.86B | $1.64B | $1.44B | $1.5B | $1.37B | $1.02B | $887.06M | $875.31M | $833.44M | $679.23M | $640.29M | $567.07M | $487.21M | $443.22M | $406.19M | $364.8M | $394.28M | $396.04M | $434.66M | $380.69M | $334.31M | $283.12M |
| Other Current Assets | $991.47M | $482.35M | $1.48B | $421.83M | $386.65M | $516.03M | $342.33M | $290.95M | $358.31M | $16.85M | $330.82M | $595.25M | $573.98M | $681.44M | $701.85M | $293.96M | $246.89M | $259.96M | $272.94M | $247.93M | $169.27M | $152.69M | $159.26M | $202.03M | $285.12M | $210.53M | $481.9M | $434.68M |
| Total Current Assets | $8.81B | $8.85B | $9.72B | $9.16B | $8.9B | $8.12B | $8B | $8.76B | $7.12B | $7.76B | $7.13B | $6.17B | $5.08B | $5.17B | $4.91B | $4.33B | $3.68B | $3.38B | $2.96B | $2.89B | $2.32B | $2.01B | $1.96B | $1.94B | $2.23B | $1.88B | $1.71B | $1.36B |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $7.26B | $8.1B | $8.32B | $4.67B | $4.82B | $4.61B | $9.51B | $4.28B | $3.9B | $4.01B | $3.5B | $3.02B | $2.5B | $2.48B | $2.27B | $2.12B | $1.89B | $1.79B | $1.57B | $1.46B | $1.15B | $973.46M | $965.57M | $976.6M | $1.05B | $878.5M | $712.48M | $601.18M |
| Goodwill | $15.15B | $16.94B | $16.36B | $17.63B | $16.03B | $14.47B | $15.65B | $13.63B | $13.51B | $14.51B | $13.31B | $12.01B | $9.43B | $9.64B | $7.91B | $6.83B | $5.85B | $5.86B | $5.55B | $5.83B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $1.4B | $1.53B | $1.52B | $1.7B | $1.63B | $1.54B | $1.59B | $760.71M | $762.63M | $899.4M | $848.11M | $798.26M | $612.78M | $599.5M | $591.51M | $581.39M | $669.55M | $678.91M | $528.35M | $559.49M | $3.81B | $3.33B | $3.43B | $3.98B | $4.62B | $4.13B | $3.82B | $3.32B |
| Long-Term Investments | $1.67B | $1.58B | $1.4B | $863.86M | $878.58M | $849.78M | $778.06M | $725.48M | $722.39M | $721.09M | $658.39M | $621.43M | $537.24M | $538.09M | $596.13M | $210.19M | -$1.94B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $264.1M | $256.25M | $317.03M | $349.11M | $352.1M | $392.06M | $403.28M | $385.96M | $351.89M | $215.34M | $143.93M | $129.51M | $84.22M | $112.92M | $75.94M | $78.21M | $50.46M | $74.43M | $64.03M | $53.06M | $33.61M | $47.87M | $31.51M | $38.03M | $44.16M | $32.34M | $0 | $0 |
| Other Long-Term Assets | $49.02M | $221.43M | $249.62M | $5.55B | $5.76B | $5.39B | $840.21M | $750.87M | $457.82M | $478.48M | $484.85M | $608.69M | $450M | $299.54M | $478.2M | $199.99M | $2.12B | $178.36M | $182.13M | $248.82M | $215.11M | $188.05M | $267.78M | $278.41M | $227.23M | $185.79M | $144.57M | $133.18M |
| Total Long-Term Assets | $25.79B | $28.63B | $28.17B | $30.76B | $29.48B | $27.26B | $28.77B | $20.54B | $19.71B | $20.83B | $18.94B | $17.19B | $13.61B | $13.68B | $11.92B | $10.03B | $8.64B | $8.59B | $7.9B | $8.15B | $5.21B | $4.54B | $4.7B | $5.28B | $5.94B | $5.23B | $4.67B | $4.05B |
| 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 | $0 | $0 | $0 |
| Total Assets | $34.6B | $37.48B | $37.88B | $39.92B | $38.37B | $35.38B | $36.77B | $29.3B | $26.82B | $28.59B | $26.07B | $23.36B | $18.69B | $18.85B | $16.83B | $14.35B | $12.33B | $11.97B | $10.85B | $11.04B | $7.53B | $6.56B | $6.65B | $7.21B | $8.18B | $7.11B | $6.38B | $5.41B |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $823.67M | $1.1B | $850.85M | $1.06B | $957.43M | $923.79M | $645.21M | $887.68M | $823.8M | $937.44M | $596.45M | $477.01M | $538.92M | $629.5M | $562.22M | $353.12M | $282.41M | $293.56M | $252.64M | $379.5M | $291.53M | $252.02M | $271.75M | $197.85M | $248.82M | $334.28M | $313.53M | $142.32M |
| Short-Term Debt | $1.8B | $644.65M | $1.05B | $1.52B | $2.15B | $1.21B | $2.92B | $2.79B | $1.85B | $1.45B | $809.43M | $414.51M | $541.24M | $385.45M | $1.47B | $792.77M | $377.49M | $913.99M | $233.25M | $419.55M | $279.16M | $539.55M | $185.98M | $163.17M | $343.04M | $688.4M | $636.74M | $204.49M |
| Current Income Tax Payable | $0 | $315.56M | $370.52M | $299.07M | $296.02M | $259.01M | $113.65M | $76.18M | $185.12M | $237.57M | $161.08M | $157.49M | $213.27M | $207.82M | $139.86M | $98.68M | $91.16M | $66.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $421.54M | $91.74M | $95.82M | $118.04M | $578.38M | $676.94M | $224.42M | $76.18M | $307.19M | $2.01B | $1.71B | $1.27B | $1.02B | $969.77M | -$466.4M | $1.51B | $91.38M | $66.14M | $383.57M | $1.02B | $803.82M | $614.61M | $636.59M | $721.8M | $814.22M | $490.5M | $0 | $0 |
| Other Current Liabilities | $2.25B | $3.17B | $3.33B | $2.53B | $2.42B | $2.7B | $2.25B | $2.1B | $2.07B | $2.89B | $2.03B | $1.54B | $1.29B | $1.2B | $1.21B | $1.6B | $1.01B | $982.17M | $530.2M | $970.37M | $126.39M | $645.56M | $181.02M | $314.63M | $344.71M | $164.69M | $1.01B | $581.95M |
| Total Current Liabilities | $6.97B | $6.32B | $6.82B | $7.22B | $8.1B | $6.88B | $7.82B | $7B | $5.92B | $5.35B | $4.27B | $3.19B | $2.87B | $2.68B | $3.67B | $3.18B | $2.03B | $2.52B | $2.32B | $2.01B | $1.49B | $1.6B | $1.25B | $1.38B | $1.73B | $1.65B | $1.96B | $928.77M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $6.35B | $6.99B | $7.77B | $8.01B | $7.42B | $7.59B | $7.21B | $5.63B | $6.47B | $7.63B | $8.02B | $8.34B | $6.26B | $6.62B | $4.71B | $3.62B | $3.45B | $3.17B | $3.07B | $3.23B | $666.56M | $449.34M | $985.49M | $1.16B | $923.28M | $782.02M | $725.41M | $1.03B |
| Long-Term Unearned Revenue | $10.89M | $37.98M | $15.49M | $10.58M | $6K | -$877.44M | $0 | $0 | $0 | $2.02B | $1.81B | $1.51B | $1.02B | $969.4M | -$506.35M | $328.02M | $282.36M | $761.28M | $508.47M | $1.06B | $1.12B | $1.05B | $1.1B | $1.22B | $1.79B | $1.13B | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $769.56M | $791.48M | $837.69M | $1.05B | $969.63M | $877.44M | $825.88M | $699.51M | $522.01M | $713.69M | $772.38M | $738.76M | $601.07M | $560.57M | $506.35M | $425.54M | $333.16M | $341.9M | $289.84M | $320.19M | $283.43M | $232.48M | $222.03M | $180.21M | $179.25M | $209.8M | $186.45M | $180.88M |
| Other Long-Term Liabilities | $1.31B | $1.82B | $1.94B | $1.93B | $1.7B | $2.05B | $1.6B | $1.56B | $1.83B | $1.43B | $299.12M | $317.55M | $266.47M | $248.68M | $993.48M | $481.64M | $750.6M | $256.33M | $318.74M | $1.28B | $208.44M | $217.64M | $202.72M | $267.07M | $243.98M | $120.58M | $1.26B | $1.01B |
| Total Long-Term Liabilities | $11.69B | $13.55B | $14.51B | $15.45B | $14.66B | $14.74B | $14.18B | $7.9B | $8.82B | $11.08B | $11.08B | $10.96B | $8.15B | $8.4B | $6.21B | $4.85B | $4.82B | $4.66B | $4.18B | $4.84B | $2.28B | $1.95B | $2.51B | $2.82B | $3.14B | $2.24B | $2.17B | $2.22B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | -$261K | -$346K | $65K | $125K | -$496K | $248K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $18.66B | $19.87B | $21.33B | $22.67B | $22.76B | $21.61B | $22B | $14.89B | $14.73B | $16.43B | $15.36B | $14.16B | $11.02B | $11.08B | $9.88B | $8.03B | $6.85B | $7.18B | $6.5B | $6.85B | $3.77B | $3.55B | $3.76B | $4.2B | $4.87B | $3.9B | $4.14B | $3.14B |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.28B | $1.13B | $688.22M | $621.78M | $536.84M | $0 | $3.77M | $3.84M | $3.73M | $3.38M | $3.4M | $0 | $2.85M | $70.21M | $57.55M | $61.72M | $73.99M | $87.23M | $75.66M | $30.65M | $26.28M |
| Common Stock | $327.47M | $327.6M | $327.6M | $327.6M | $327.14M | $327M | $339.9M | $343.75M | $344.01M | $402.97M | $395.38M | $353.69M | $309.2M | $316.51M | $0 | $0 | $162.92M | $0 | $0 | $256M | $216.34M | $189.02M | $203.45M | $244.18M | $287.98M | $272.82M | $254.64M | $218.2M |
| Retained Earnings | $13.63B | $12.58B | $12.19B | $11.96B | $12.09B | $11.45B | $10.56B | $9.86B | $7.97B | $9.38B | $8.04B | $6.52B | $5.16B | $4.7B | $4B | $3.24B | $2.42B | $1.97B | $1.45B | $1.15B | $919.46M | $541.86M | $335.12M | $164.49M | -$73.35M | -$66.6M | -$240.63M | $76.25M |
| Comprehensive Income & Other | -$1.88B | -$366.82M | -$1.09B | -$433.72M | -$1.46B | -$2.46B | -$1.16B | -$1.34B | -$1.66B | -$1.4B | -$1.36B | -$998.73M | -$445.18M | -$415.46M | -$418.46M | -$162.9M | -$38.75M | -$121.33M | $77.25M | -$4.58M | -$134.59M | -$56.78M | -$154.97M | -$407.89M | -$450.58M | -$229.4M | -$150.25M | -$72.35M |
| Other Stockholders' Equity | $902.36M | $3.37B | $2.69B | $4.96B | $3.19B | $1.99B | $3.87B | $4.2B | $3.78B | $2.38B | $2.29B | $2.33B | $2B | $2.54B | $2.59B | $2.95B | $2.89B | $2.82B | $2.82B | $2.71B | $2.61B | $2.26B | $2.34B | $2.58B | $3.07B | $2.98B | $2.21B | $1.95B |
| Total Equity | $14.85B | $16.27B | $15.21B | $17.25B | $15.61B | $13.77B | $14.77B | $14.41B | $12.09B | $12.16B | $10.72B | $9.21B | $7.47B | $7.55B | $6.59B | $6.19B | $5.48B | $4.78B | $4.27B | $4.12B | $3.75B | $2.99B | $2.88B | $2.99B | $3.28B | $3.18B | $2.22B | $2.24B |
| Minority Interest | $1.09B | $1.33B | $1.35B | $1.63B | $1.43B | $1.25B | $1.42B | $1.28B | $1.13B | $688.28M | $621.78M | $537.18M | $202.51M | $223.51M | $353.19M | $123.11M | $162.68M | $0 | $81.03M | $63.58M | $13.58M | $14.85M | $12.5M | $23.96M | $25.39M | $25.29M | $24.16M | $18.94M |
| Total Liabilities and Equity | $33.51B | $36.15B | $36.54B | $39.92B | $38.37B | $35.38B | $36.77B | $29.3B | $26.82B | $28.59B | $26.07B | $23.36B | $18.49B | $18.62B | $16.47B | $14.23B | $12.33B | $11.97B | $10.77B | $10.97B | $7.51B | $6.54B | $6.64B | $7.19B | $8.15B | $7.08B | $6.36B | $5.39B |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $12.05B | $12.26B | $13.45B | $14.75B | $14.87B | $13.82B | $15.39B | $8.43B | $8.32B | $9.1B | $8.83B | $8.75B | $6.81B | $7.01B | $6.21B | $4.41B | $3.83B | $4.09B | $3.3B | $3.66B | $945.73M | $988.89M | $1.17B | $1.32B | $1.27B | $1.47B | $1.36B | $1.23B |
| Net Debt | $10.27B | $10.97B | $11.92B | $13.33B | $13.22B | $12.61B | $14.26B | $6.03B | $7.22B | $8.31B | $8.27B | $8.17B | $6.25B | $6.42B | $5.82B | $3.97B | $3.59B | $3.91B | $3.11B | $3.52B | $865.53M | $940.32M | $1.13B | $1.25B | $1.19B | $1.39B | $1.32B | $1.2B |
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 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | $1.09B | $827.18M | $817.79M | $999.27M | $1.36B | $1.6B | $1.61B | $2.49B | $1.74B | $1.64B | $1.34B | $1.16B | $1.02B | $1.12B | $1.01B | $894.4M | $752M | $655.74M | $549.16M | $454.07M | $428.87M | $331.09M | $293.6M | $308.33M | $79.5M | $252.11M | -$275.78M | $18.18M |
| Depreciation & Amortization | $1.68B | $1.95B | $1.96B | $2.05B | $1.81B | $1.99B | $1.78B | $796.74M | $821.16M | $783.26M | $732.21M | $641.8M | $524.12M | $508.98M | $479.82M | $422.45M | $356.13M | $333.38M | $278.23M | $261.15M | $237.04M | $191.56M | $191.83M | $224.03M | $405.95M | $348.14M | $315.35M | $265.61M |
| Deferred Income Tax | -$30.37M | -$81.14M | -$136.38M | -$46.3M | $75.09M | $124.05M | $71.75M | $99.56M | -$226.7M | -$5.97M | -$46.42M | $104.48M | $12.87M | $59.49M | -$25.04M | -$5.47M | -$43.44M | -$16.89M | $901K | $9.22M | -$3.46M | $28.23M | $80.95M | $62.19M | -$58.23M | $91.46M | -$99.78M | $22.47M |
| Stock-Based Compensation | $0 | $0 | $36.3M | -$6.55M | $31.59M | $45.66M | $2.22M | $12M | $52.26M | $32.04M | $12.58M | $7.81M | $10.99M | $22.35M | $25.04M | $23.49M | $26.3M | $25.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||
| Accounts Receivable | -$77.08M | -$82.04M | -$169.53M | -$52.12M | -$182.21M | $80.05M | -$71.58M | -$190.35M | -$96.29M | -$341.56M | -$338.29M | -$253.61M | -$42.24M | -$58.42M | -$217.77M | -$252.08M | -$32.72M | -$194.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$277.52M | $120.47M | -$14.67M | -$228.11M | -$54.18M | -$397.29M | -$131.19M | -$175.39M | -$70M | -$70.78M | -$307.4M | -$78.74M | -$44.4M | -$40.76M | -$130.84M | $15.38M | -$69.3M | -$75.48M | -$55.77M | -$36M | -$9.25M | $22.44M | -$20.38M | -$6.94M | -$37.9M | -$27.35M | -$17.48M | -$37.41M |
| Accounts Payable | -$16.48M | $173.72M | $121.12M | -$398.35M | -$406.36M | $1.53B | -$183.96M | $411.31M | $579.17M | $190.43M | $588.39M | $215.99M | $171.02M | $198.94M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $525.37M | $283.93M | $689.75M | $46.65M | $247.51M | -$86.51M | -$132.44M | -$1.04B | -$522.3M | $26.56M | -$14.19M | $26.37M | $25.73M | $46.13M | $100.52M | $38.03M | $37.35M | -$67.55M | $91.66M | $31.58M | -$33.25M | $94.5M | $4.51M | -$16.97M | $140.33M | -$203.62M | $365.53M | -$120.71M |
| Total Working Capital Change | $154.28M | $496.08M | $626.66M | -$631.94M | -$395.24M | $1.13B | -$519.17M | -$992.57M | -$109.42M | -$195.34M | -$71.49M | -$89.98M | $110.1M | $145.89M | -$248.09M | -$198.66M | -$64.68M | -$337.09M | $35.9M | -$4.42M | -$42.5M | $116.94M | -$15.88M | -$23.91M | $102.43M | -$230.97M | $348.05M | -$158.13M |
| Other Non-Cash Items | $101.16M | -$523.22M | -$365.4M | $52.45M | -$106.32M | -$169.59M | -$74.16M | -$98.83M | $175.02M | $13.42M | $33.83M | -$112.29M | -$28.07M | -$135.55M | -$226K | $12.33M | $17.15M | $154.47M | $18.54M | $14.05M | $11.94M | $14M | $117.96M | $14.46M | $2.71M | $4.39M | $101.59M | $107M |
| Net Cash from Operating | $2.99B | $2.66B | $2.94B | $2.42B | $2.78B | $4.73B | $2.87B | $2.3B | $2.45B | $2.27B | $2B | $1.71B | $1.65B | $1.72B | $1.25B | $1.15B | $1.04B | $815.18M | $918.6M | $767.99M | $631.88M | $681.83M | $668.46M | $585.11M | $532.37M | $465.13M | $389.43M | $255.13M |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | -$1.03B | -$780.83M | -$764.35M | -$1.58B | -$1.88B | -$2.33B | -$2.5B | -$2.3B | -$1.99B | -$2.17B | -$1.93B | -$1.7B | -$604.74M | -$570.12M | -$2.05B | -$439.58M | -$447.3M | -$551.28M | -$443.87M | -$395.23M | -$296.72M | -$229.57M | -$258.21M | -$254.46M | -$345.36M | -$271.09M | -$177.84M | -$363.28M |
| Acquisitions | $259.51M | $677.36M | $152.96M | $1.15M | -$426.2M | -$272.85M | -$2.43B | $845.98M | -$167.82M | -$389.61M | -$66.53M | -$1.63B | -$386.04M | -$1.36B | $8.61M | -$518.39M | -$105.98M | -$174.75M | -$197.48M | -$3.64B | -$117.98M | -$86.06M | -$81.73M | -$84.94M | -$271.94M | -$326.36M | -$112.43M | $0 |
| Purchases of Investments | -$99.91M | -$91M | -$114.29M | -$118.35M | -$144.03M | -$107.18M | -$2.43B | -$1.03B | -$168.59M | -$389.61M | -$67.4M | -$1.63B | -$400.82M | -$1.59B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $93.19M | $83.89M | $100.03M | $64.76M | $160.78M | $46.89M | $1.24B | -$606K | -$463.52M | -$223.55M | -$256.07M | -$7.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $15.75M | $18.02M | $807.51M | $952.93M | $1.17B | $2.44B | $2.21B | $1.69B | $1.71B | $1.3B | $2.49B | $416.86M | $1.59B | $24.12M | $13.52M | $9.35M | $11.1M | $46.38M | $451.2M | $16.43M | $15.12M | $13.14M | $40.2M | $30.36M | $24.64M | $7.91M | $96.44M |
| Net Cash from Investing | -$774.06M | -$94.83M | -$607.63M | -$820.32M | -$1.34B | -$1.49B | -$3.67B | -$273.59M | -$1.11B | -$1.46B | -$1.02B | -$2.47B | -$974.74M | -$1.93B | -$2.02B | -$944.45M | -$543.93M | -$714.93M | -$594.97M | -$3.59B | -$398.27M | -$300.51M | -$326.8M | -$299.21M | -$586.94M | -$572.81M | -$282.35M | -$266.84M |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | -$873.86M | $1.62B | $1.13B | $594.93M | $1.71B | $188.81M | -$620.84M | $517.85M | $577.25M | $737.73M | $320.83M | -$1.16B | $142.48M | -$980.76M | -$1.51B | $105.44M | -$115.07M | -$259.42M | -$23.16M | -$2.57B | -$85.5M | $423.08M | $11.79M | -$193.55M | $348.19M | $549.84M | $16.58M | $548.92M |
| Common Stock Issuance | $0 | $0 | $0 | $22.5M | $7.27M | $0 | $0 | $0 | $0 | $53M | $94.81M | $0 | $28.12M | $0 | $2.7B | $0 | $0 | $679.78M | $35.94M | $305.15M | $75.36M | $2.98M | $1.42M | $585K | $8.02M | $662.1M | $0 | $569.1M |
| Common Stock Repurchases | -$653.23M | $0 | $0 | -$22.5M | -$7.27M | -$408.63M | -$669.67M | -$41.56M | -$64.69M | $0 | $0 | $0 | -$424.71M | $0 | -$563.38M | $0 | $0 | -$544.08M | -$6.25M | $0 | $0 | $0 | -$7.9M | -$400.27M | $0 | $0 | $0 | -$58.74M |
| Dividends Paid | -$471.56M | -$389.84M | -$366.91M | -$441.64M | -$438.18M | -$392.08M | -$395.95M | -$362.68M | -$328.22M | -$272.71M | -$265.04M | -$291.89M | -$239.44M | -$229.41M | -$241.76M | -$194.74M | -$186.24M | -$192.59M | -$153.68M | -$136.73M | -$123.58M | -$109.74M | -$95.53M | -$81.65M | -$82.55M | -$60.9M | -$53.71M | -$46.84M |
| Other Financing Activities | -$1.36B | -$351.69M | -$379.74M | -$221.91M | -$304.83M | -$760.2M | $188.97M | -$536.6M | -$154.51M | -$70.23M | -$415.92M | -$5.72M | $137.32M | -$338.24M | $69.26M | $270.38M | -$187.59M | $904.38M | -$150.24M | $139.4M | -$219.56M | $146.73M | -$254.89M | $5.69M | $477.29M | $133.65M | -$17.72M | $97.58M |
| Net Cash from Financing | -$1.6B | -$2.87B | -$2.08B | -$1.81B | -$1.14B | -$2.97B | -$521M | -$761.16M | -$891.67M | -$620.79M | -$1.03B | $739.13M | -$653.34M | $395.39M | $683.12M | -$12.35M | -$435.61M | -$125.16M | -$260.87M | $2.86B | -$207.17M | -$372.21M | -$368.69M | -$282.1M | $54.58M | $185.01M | -$88.01M | $12.19M |
| Forex Effect | $4.05M | $29.25M | -$81.07M | -$25.86M | $146.52M | -$179.05M | $53.32M | $36.16M | -$147.84M | $23.29M | -$36.95M | -$22.56M | -$21.42M | $3.88M | $34.46M | -$5.66M | -$2.34M | $6.38M | $2.85M | $20.75M | -$1.82M | -$428K | $12.52M | -$369K | -$3.78M | -$41.89M | -$15.86M | -$6.09M |
| Net Change in Cash | $623.77M | -$270.08M | $171.31M | -$232.08M | $446.73M | $82.42M | -$1.27B | $1.3B | $300.59M | $209.92M | -$86.14M | -$44.92M | -$4.26M | $194.8M | -$56.85M | $186.07M | $61.56M | -$18.53M | $65.61M | $62.54M | $24.61M | $8.68M | -$14.51M | $3.43M | -$3.77M | $35.45M | $3.21M | -$5.62M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | $2.99B | $2.66B | $2.94B | $2.42B | $2.78B | $4.73B | $2.87B | $2.3B | $2.45B | $2.27B | $2B | $1.71B | $1.65B | $1.72B | $1.25B | $1.15B | $1.04B | $815.18M | $918.6M | $767.99M | $631.88M | $681.83M | $668.46M | $585.11M | $532.37M | $465.13M | $389.43M | $255.13M |
| Capital Expenditure | -$1.02B | -$780.83M | -$764.35M | -$1.58B | -$1.88B | -$2.33B | -$2.5B | -$2.3B | -$1.99B | -$2.17B | -$1.93B | -$1.7B | -$604.74M | -$570.12M | -$2.05B | -$439.58M | -$447.3M | -$551.28M | -$443.87M | -$395.23M | -$296.72M | -$229.57M | -$258.21M | -$254.46M | -$345.36M | -$271.09M | -$177.84M | -$363.28M |
| Free Cash Flow | $1.97B | $1.88B | $2.17B | $844.07M | $899.9M | $2.39B | $367.33M | $2.23M | $454.42M | $104.04M | $73.53M | $8.26M | $1.04B | $1.15B | -$807.17M | $708.95M | $596.14M | $263.9M | $474.73M | $372.76M | $335.15M | $452.26M | $410.25M | $330.64M | $187M | $194.04M | $211.59M | -$108.15M |
| Cash at Beginning | $1.16B | $1.59B | $1.42B | $1.65B | $1.21B | $1.13B | $2.4B | $1.09B | $791.47M | $583.36M | $647.3M | $626.9M | $556.31M | $386.06M | $450.53M | $252.88M | $173M | $196.25M | $121.77M | $71.97M | $55.59M | $39.89M | $57.44M | $65.51M | $81.03M | $41.32M | $35.36M | $35.99M |
| Cash at End | $1.78B | $1.32B | $1.59B | $1.42B | $1.65B | $1.21B | $1.13B | $2.4B | $1.09B | $793.27M | $561.16M | $581.98M | $552.06M | $580.86M | $393.68M | $438.95M | $234.56M | $177.72M | $187.38M | $134.52M | $80.2M | $48.57M | $42.93M | $68.94M | $77.26M | $76.77M | $38.57M | $30.37M |