Heidelberg Materials AG (HDLMY)
Heidelberg Materials AG is a global enterprise that manufactures and supplies a wide array of construction materials through its various subsidiaries. Its primary product lines encompass cement, diverse aggregates (including natural stone varieties like sand and gravel, as well as crushed materials such as stone chippings and crushed stones), ready-mixed concrete, and asphalt. The company's ready-mixed concrete is utilized in numerous construction endeavors, ranging from major infrastructure projects like tunnels and bridges to commercial developments such as office buildings and schools. It also serves as a fundamental component for producing precast concrete elements, including stairs, ceiling panels, and other structural parts. Beyond manufacturing, Heidelberg Materials AG is actively involved in the trade of various commodities, including cement, clinker, secondary cementitious materials, solid and alternative fuels, and a range of other building materials and additives. Founded in 1873, the company updated its name from HeidelbergCement AG to Heidelberg Materials AG in May 2023. Its headquarters are located in Heidelberg, Germany.
Sector: Construction Materials
Industry: Construction Materials
Heidelberg Materials AG
OTC:HDLMYBasic Materials · Construction Materials
-1.28%$38.51
Prev close$39.01-1.28%Close$38.51
Mkt Cap-
Float628.36M
O/S-
Inst Own-
EarningsFeb 25 · in 4mo
Div Yield2.17%
Dilution
Financials Summary
Revenue$23.96B
Net Income$2.08B
Total Assets$40.33B
Free Cash Flow$2.03B
Debt & Equity
Debt 31%
Equity 69%
Total Debt$9.06B
Total Equity$20.27B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in HDLMY's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$40.33B
Liabilities$18.79B
Accounts Receivable$3.02B
Accounts Payable$3.7B
Inventory$3.09B
PP&E (Net)$16.32B
Goodwill$9.85B
Intangible Assets$550.2M
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 | $23.96B | $24.67B | $23.74B | $23.55B | $20.9B | $19.66B | $21.05B | $20.18B | $19.28B | $16.93B | $15.03B | $14.08B | $13.54B | $15.65B | $14.4B | $13.13B | $12.41B | $15.84B | $11.37B | $8.72B | $8.71B | $7.1B | $7.11B | $7.34B |
| YoY Growth | -2.9% | 4.0% | 0.8% | 12.7% | 6.3% | -6.6% | 4.3% | 4.7% | 13.8% | 12.6% | 6.7% | 4.0% | -13.5% | 8.7% | 9.7% | 5.8% | -21.6% | 39.3% | 30.4% | 0.1% | 22.7% | -0.2% | -3.0% | - |
| Cost of Revenue | $8.58B | $17.23B | $9B | $9.67B | $8.06B | $7.28B | $8.37B | $8.26B | $7.52B | $6.6B | $6.08B | $5.91B | $5.68B | $6.57B | $5.96B | $5.28B | $4.97B | $6.47B | $4.66B | $5.22B | $3.35B | $4.59B | $2.79B | $2.82B |
| Gross Profit | $15.38B | $7.44B | $14.74B | $13.88B | $12.84B | $12.37B | $12.68B | $11.92B | $11.76B | $10.33B | $8.95B | $8.17B | $7.93B | $9.08B | $8.44B | $7.86B | $7.44B | $9.37B | $7.47B | $5.46B | $5.36B | $2.51B | $4.33B | $4.51B |
| Gross Margin | 64.2% | 30.2% | 62.1% | 58.9% | 61.4% | 62.9% | 60.2% | 59.1% | 61.0% | 61.0% | 59.6% | 58.0% | 58.6% | 58.0% | 58.6% | 59.8% | 59.9% | 59.2% | 65.7% | 62.6% | 61.5% | 35.3% | 60.8% | 61.5% |
| Research and Development | $0 | $150.92M | $144.48M | $137.78M | $138M | $133.98M | $149.61M | $162.67M | $157.43M | $130.18M | $120.36M | $108.64M | $113.88M | $100.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.97B | $4.19B | $3.98B | $4.02B | $3.52B | $3.18B | $3.48B | $3.44B | $3.26B | $2.8B | $2.47B | $2.42B | $2.74B | $2.74B | $2.54B | $0 | $0 | $0 | $0 | $1.81B | $1.63B | $1.56B | $1.34B | $1.34B |
| Other | $8B | -$136.34M | $7.23B | $6.95B | $6.27B | $6.42B | $6.61B | $6.07B | $5.9B | $5.25B | $4.3B | $3.87B | $3.38B | $4.45B | $4.25B | $6.26B | $5.97B | $6.99B | $5.4B | $2.17B | $2.59B | $379.12M | $2.55B | $2.62B |
| Total Operating Expenses | $11.97B | $4.2B | $11.36B | $11.11B | $9.92B | $9.73B | $10.23B | $9.67B | $9.32B | $8.18B | $6.89B | $6.39B | $6.24B | $7.29B | $6.8B | $6.26B | $5.97B | $6.99B | $5.4B | $3.97B | $4.23B | $1.94B | $3.89B | $3.95B |
| Operating Income (EBIT) | $3.42B | $3.24B | $3.37B | $2.76B | $2.92B | $2.64B | $2.44B | $2.24B | $2.44B | $2.15B | $2.06B | $1.78B | $1.7B | $1.79B | $1.65B | $1.6B | $1.47B | $2.4B | $2.07B | $1.48B | $1.13B | $563.02M | $436.72M | $558.7M |
| Operating Margin | 14.3% | 13.1% | 14.2% | 11.7% | 14.0% | 13.4% | 11.6% | 11.1% | 12.7% | 12.7% | 13.7% | 12.6% | 12.5% | 11.4% | 11.4% | 12.2% | 11.8% | 15.1% | 18.2% | 17.0% | 12.9% | 7.9% | 6.1% | 7.6% |
| Interest Expense | $293.31M | $365.28M | $244.18M | $164.87M | $291.39M | $296.56M | $396.01M | $369.95M | $455.88M | $557.51M | $580.8M | $635.21M | $672.91M | $675.84M | $762.82M | $756.21M | $781.98M | $920.3M | $564.87M | $309.05M | $329.25M | $297.16M | $271.42M | $321.66M |
| Interest Income | $78.07M | $116.98M | $35.17M | $34.57M | $38.4M | $51.04M | $64.98M | $56.62M | $71.28M | $81.51M | $90.26M | $106.38M | $84.97M | $72.69M | $112.78M | $106.8M | $101.41M | $90.4M | $88.35M | $77.32M | $27.85M | $40.86M | $38.63M | $62.3M |
| Other Income (Expense) | -$149.95M | -$226.73M | -$193.71M | -$288.62M | $312.4M | -$4.43B | -$617.76M | -$273.65M | -$558.14M | -$870.31M | -$594.76M | -$741.69M | -$555.79M | -$1.13B | -$758.55M | -$928.15M | -$1.49B | -$1.28B | $550.51M | -$25.63M | -$266.17M | -$718.45M | -$124.37M | -$175.93M |
| Income Before Tax (EBT) | $3.27B | $3.02B | $3.18B | $2.48B | $3.23B | -$1.79B | $1.82B | $1.97B | $1.89B | $1.28B | $1.47B | $1.04B | $1.14B | $660.63M | $886.72M | $668.9M | -$16.18M | $1.11B | $2.62B | $1.46B | $861.38M | -$155.43M | $312.35M | $382.77M |
| Income Tax Expense | $805.08M | $821.41M | $735.33M | $541.5M | $1.06B | $373.47M | $400.15M | $518.17M | $647.01M | $350.92M | $328.81M | $72.01M | $236.36M | $168.48M | $266.06M | $66.66M | -$212.29M | $365.52M | $386.39M | $434.97M | $335.41M | $185.66M | $163.33M | $89.74M |
| Net Income | $2.08B | $2.08B | $2.15B | $1.78B | $1.96B | -$2.18B | $1.22B | $1.28B | $1.02B | $733.54M | $893.31M | $542.28M | $821.74M | $317.87M | $388.65M | $382.62M | $187.23M | $2.14B | $2.12B | $1.06B | $462.79M | -$408.41M | $130.14M | $277.08M |
| Net Income Margin | 8.7% | 8.4% | 9.1% | 7.6% | 9.4% | -11.1% | 5.8% | 6.3% | 5.3% | 4.3% | 5.9% | 3.9% | 6.1% | 2.0% | 2.7% | 2.9% | 1.5% | 13.5% | 18.6% | 12.2% | 5.3% | -5.8% | 1.8% | 3.8% |
| Supplementary Data | ||||||||||||||||||||||||
| EPS | 2.09 | 2.06 | 2.20 | 1.69 | 1.78 | -2.08 | 1.10 | 1.15 | 0.92 | 0.68 | 0.85 | 0.52 | 0.79 | 0.30 | 0.37 | 0.37 | 0.06 | 0.80 | 3.42 | 1.64 | 0.75 | -0.73 | 0.28 | 0.78 |
| Diluted EPS | 2.09 | 2.06 | 2.09 | 1.69 | 1.78 | -1.97 | 1.10 | 1.15 | 0.92 | 0.68 | 0.85 | 0.52 | 0.79 | 0.30 | 0.37 | 0.37 | 0.06 | 0.80 | 3.42 | 1.64 | 0.75 | -0.73 | 0.28 | 0.78 |
| Weighted Average OS | 902.90M | 902.90M | 877.93M | 945.14M | 986.54M | 992.08M | 992.08M | 992.08M | 992.08M | 965.12M | 939.58M | 939.34M | 937.50M | 937.50M | 937.50M | 937.50M | 710.85M | 615.11M | 590.59M | 578.01M | 553.95M | 502.96M | 412.60M | 318.30M |
| EBITDA | $4.81B | $4.6B | $4.8B | $4.21B | $4.72B | $3.92B | $3.87B | $3.62B | $3.21B | $2.98B | $2.92B | $2.57B | $2.6B | $2.72B | $2.68B | $2.42B | $1.66B | $2.85B | $3.85B | $2.04B | $1.76B | $679.38M | $1.29B | $1.43B |
| EBITDA Margin | 20.1% | 18.7% | 20.2% | 17.9% | 22.6% | 19.9% | 18.4% | 17.9% | 16.6% | 17.6% | 19.4% | 18.3% | 19.2% | 17.4% | 18.6% | 18.4% | 13.4% | 18.0% | 33.9% | 23.4% | 20.2% | 9.6% | 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 | $2.93B | $3.6B | $3.65B | $1.62B | $3.48B | $3.17B | $3.93B | $2.88B | $2.34B | $2.19B | $1.51B | $1.37B | $1.51B | $1.65B | $2.06B | $971.02M | $953.9M | $941.93M | $928.46M | $239.96M | $334.93M | $298.9M | $500.78M | $309.95M |
| Short-Term Investments | $0 | $0 | $13.73M | $12.73M | $12.62M | $17.31M | $11.16M | $11.16M | $11.5M | $21.66M | $83.85M | $41.2M | $12.17M | $6.59M | $70.12M | $125.61M | $164.78M | $372.8M | $256.89M | $21.5M | $72.29M | $131.12M | $266.37M | $366.54M |
| Cash and Short-Term Investments | $2.93B | $3.6B | $3.68B | $1.64B | $3.49B | $3.17B | $3.94B | $2.89B | $2.35B | $2.21B | $1.59B | $1.41B | $1.52B | $1.65B | $2.15B | $1.1B | $1.12B | $1.31B | $1.19B | $261.46M | $407.22M | $430.02M | $767.15M | $676.5M |
| Accounts Receivable | $3.02B | $3B | $2.29B | $2.32B | $2.09B | $1.79B | $1.99B | $2.05B | $2.01B | $2.01B | $1.36B | $1.18B | $1.23B | $2.13B | $2.13B | $2.19B | $1.85B | $2.15B | $2.43B | $1.47B | $1.45B | $1.15B | $1.12B | $1.1B |
| Inventory | $3.09B | $3.19B | $2.98B | $2.95B | $2.47B | $2.19B | $2.4B | $2.26B | $2.08B | $2.31B | $1.61B | $1.56B | $1.56B | $1.81B | $1.77B | $1.66B | $1.51B | $1.93B | $1.75B | $1B | $970.95M | $846.83M | $744.6M | $774.05M |
| Other Current Assets | $272.8M | $58.73M | $672.02M | $755.2M | $847.98M | $1B | $950.81M | $1.16B | $1.01B | $909.48M | $666.1M | $2.09B | $642.99M | $15.45M | $200.91M | -$109.77M | $266.15M | $176.55M | $154.37M | $175.66M | $50.32M | $43.14M | $45.61M | $128.85M |
| Total Current Assets | $9.6B | $10.1B | $9.85B | $7.95B | $9.09B | $8.16B | $9.3B | $8.36B | $7.47B | $7.49B | $5.26B | $6.28B | $4.95B | $5.63B | $6.28B | $4.84B | $4.75B | $5.58B | $5.52B | $2.91B | $2.88B | $2.47B | $2.68B | $2.68B |
| Long-Term Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment Net | $16.32B | $16.52B | $14.47B | $15.25B | $15.22B | $14.31B | $16.22B | $14.47B | $14.31B | $15.59B | $11.02B | $10.6B | $11.41B | $12.04B | $12.32B | $12.2B | $11.41B | $10.23B | $11.65B | $6.19B | $6.13B | $5.65B | $5.07B | $5.21B |
| Goodwill | $9.85B | $10.02B | $9.31B | $9.34B | $9.12B | $9.59B | $13.16B | $12.78B | $12.4B | $13.21B | $11.37B | $10.72B | $11.23B | $11.85B | $12.02B | $11.79B | $10.95B | $11.03B | $0 | $0 | $2.67B | $2.53B | $0 | $0 |
| Intangible Assets | $550.2M | $496.39M | $382.85M | $233.68M | $231M | $403.28M | $448.16M | $413.44M | $407.08M | $548.76M | $288.17M | $290.18M | $306.7M | $332.38M | $386.2M | $392.9M | $295.46M | $301.52M | $12.22B | $3.13B | $56.83M | $38.85M | $1.12B | $1.1B |
| Long-Term Investments | $2.82B | $3.07B | $3.05B | $3.13B | $2.47B | $3.26B | $2.28B | $3.23B | $2.32B | $2.55B | $1.99B | $1.94B | $496.17M | $922.21M | $967.37M | $377.27M | $335.11M | $375.56M | $853.19M | $1.19B | $1.15B | $830.68M | $944.72M | $992.92M |
| Deferred Tax Assets | $190.51M | $1.34B | $0 | $299.45M | $293.53M | $383.18M | $349.8M | $351.03M | $578.24M | $1.06B | $898.78M | $768.6M | $456.09M | $493.49M | $423.38M | $397.25M | $300.08M | $144.57M | $175.75M | $148.3M | $190.35M | $187.87M | $187.32M | $165.52M |
| Other Long-Term Assets | $994.6M | $1.16B | $2.54B | $923.23M | $1.22B | -$112K | $1.33B | $338.86M | $1.09B | $1.05B | $857.25M | $814.6M | $490.7M | $7.61M | $4.44M | $572.43M | $439.01M | $1.7B | $2.27B | $192.78M | $229.29M | $257.86M | $483.67M | $712.75M |
| Total Long-Term Assets | $30.73B | $32.61B | $29.75B | $29.18B | $28.55B | $27.94B | $33.79B | $31.59B | $31.11B | $33.99B | $26.42B | $25.13B | $24.39B | $25.64B | $26.12B | $25.73B | $23.73B | $23.78B | $27.17B | $10.85B | $10.44B | $9.49B | $9.48B | $9.76B |
| Other Assets | $0 | $0 | $112K | $223K | -$223K | -$112K | $112K | $0 | $112K | -$112K | -$112K | -$112K | -$112K | $112K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $40.33B | $42.71B | $39.6B | $37.13B | $37.64B | $36.1B | $43.08B | $39.95B | $38.58B | $41.48B | $31.68B | $31.41B | $29.34B | $31.27B | $32.4B | $30.57B | $28.48B | $29.35B | $32.69B | $13.75B | $13.33B | $11.96B | $12.16B | $12.44B |
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payable | $3.7B | $3.67B | $3.52B | $3.73B | $3.55B | $2.92B | $3B | $2.91B | $2.55B | $2.43B | $1.62B | $1.56B | $1.49B | $1.46B | $1.5B | $1.21B | $1.04B | $1.11B | $1.13B | $733.94M | $634.99M | $545.89M | $490.92M | $477.35M |
| Short-Term Debt | $1.34B | $1.98B | $2.19B | $647.57M | $1.43B | $847.31M | $2.35B | $1.63B | $1.99B | $2.81B | $2.09B | $1.92B | $2.49B | $1.59B | $1.96B | $455.76M | $1B | $1.62B | $1.56B | $1.24B | $718.91M | $245.29M | $582.44M | $810.62M |
| Current Income Tax Payable | $0 | $0 | $250.65M | $251.32M | $215.26M | $268.52M | $303.13M | $288.28M | $304.02M | $219.28M | $131.64M | $141.13M | $140.12M | $164.8M | $125.61M | $155.08M | $222.7M | $221.15M | $210.51M | $81.11M | $80.66M | $61.72M | $67.68M | $113.84M |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $887.39M | $766.14M | $812.37M | $849.1M | $740.35M | $866.63M | $576.23M | $775.19M | $563.83M | $664.88M | $455.76M | $964.21M | $867.03M | $937.23M | $1.55B | $680.26M | $792.76M | $558.39M | $580.68M | $576.47M |
| Other Current Liabilities | $2.19B | $2.03B | $1.95B | $2.01B | $1.46B | $1.39B | $1.67B | $1.2B | $1.65B | $1.59B | $909.72M | $1.49B | $642.21M | $873.67M | $1.16B | $732.31M | $404.64M | $628.01M | $882.83M | $519.07M | $453.81M | $431.39M | $450.16M | $386.36M |
| Total Current Liabilities | $7.77B | $8.08B | $8.24B | $6.86B | $7.87B | $6.56B | $8.25B | $6.99B | $7.03B | $7.83B | $5.43B | $5.86B | $5.42B | $4.75B | $5.21B | $3.52B | $3.76B | $4.51B | $5.33B | $3.25B | $2.68B | $1.84B | $2.17B | $2.36B |
| Long-Term Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | $6.38B | $7.57B | $6.21B | $6.12B | $6.34B | $8.7B | $9.39B | $10.61B | $9.83B | $9.5B | $5.39B | $6.58B | $7.25B | $7.97B | $8.45B | $8.89B | $8.8B | $11.81B | $14.36B | $1.61B | $2.63B | $3.32B | $3.2B | $3.57B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $953.71M | $2.9B | $2.67B | $2.52B | $2.5B | $2.83B | $3.2B | $2.43B | $2.48B | $2.1B | $2.39B | $2.32B | $2.41B | $2.32B | $2.23B | $2.5B | $1.8B | $1.81B | $1.84B | $1.5B | $1.63B |
| Long-Term Deferred Tax Liabilities | $960.34M | $2.06B | $1.06B | $989.55M | $0 | $652.71M | $810.91M | $807.01M | $725.39M | $733.99M | $486.68M | $493.49M | $578.72M | $714.78M | $842.18M | $919.77M | $996.33M | $1.08B | $1.23B | $565.6M | $550.89M | $525.24M | $579.17M | $554.17M |
| Other Long-Term Liabilities | $2.61B | $1.67B | $2.59B | $1.56B | $979.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.55B | $317.29M | $490.4M | $878.13M | $14.88M | $9.09M | $7.97M | $34.18M | $28.95M |
| Total Long-Term Liabilities | $11.02B | $12.33B | $10.84B | $10.59B | $11.17B | $13.3B | $14.17B | $14.18B | $13.7B | $13.7B | $8.41B | $9.64B | $9.95B | $11.02B | $12.04B | $12.66B | $12.44B | $15.62B | $18.97B | $3.99B | $5B | $5.7B | $5.32B | $5.78B |
| 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 | $18.79B | $20.41B | $19.09B | $17.45B | $19.04B | $19.86B | $22.42B | $21.17B | $20.66B | $21.53B | $13.84B | $15.51B | $15.37B | $15.96B | $17.25B | $16.18B | $16.19B | $20.13B | $24.3B | $7.25B | $7.68B | $7.54B | $7.49B | $8.14B |
| Stockholders' Equity | ||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $1.17B | $2.35B | $0 | $1.84B | $2.03B | $0 | $0 | $666.22M | $2.09B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $597.41M | $609.82M | $623.68M | $646.79M | $664.54M | $664.54M | $664.54M | $664.54M | $664.54M | $664.54M | $629.37M | $629.37M | $628.03M | $628.03M | $628.03M | $628.03M | $628.03M | $418.69M | $401.94M | $387.4M | $330.56M | $288.53M | $284.82M | $182.51M |
| Retained Earnings | $15.44B | $14.26B | $13.23B | $12.07B | $11.18B | $9.52B | $12.27B | $11.45B | $10.6B | $9.97B | $9.42B | $8.53B | $8.2B | $7.45B | $7.39B | $7.24B | $6.88B | $7.05B | $5.32B | $3.18B | $2.23B | $1.92B | $2.5B | $2.37B |
| Comprehensive Income & Other | -$2.33B | -$501.97M | -$1.27B | -$828.44M | -$1.17B | -$2.35B | -$917.54M | -$1.84B | -$2.03B | $335.84M | $421.93M | -$666.22M | -$2.09B | $0 | $0 | $0 | $0 | $0 | -$1.23B | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $4.24B | $6.11B | $5.39B | $5.75B | $5.39B | $4.63B | $6.03B | $5.11B | $4.99B | $7.33B | $6.61B | $5.52B | $4.14B | $6.01B | $6.06B | $5.6B | $4.1B | $1.15B | $2.09B | $2.41B | $2.61B | $1.74B | $1.72B | $1.57B |
| Total Equity | $20.27B | $20.98B | $19.25B | $18.46B | $17.24B | $14.82B | $18.97B | $17.23B | $16.25B | $17.97B | $16.65B | $14.68B | $12.98B | $14.08B | $14.09B | $13.47B | $11.61B | $8.62B | $7.81B | $5.97B | $5.17B | $3.95B | $4.5B | $4.12B |
| Minority Interest | $1.27B | $1.32B | $1.27B | $1.21B | $1.36B | $1.43B | $1.69B | $1.55B | $1.67B | $1.99B | $1.18B | $1.22B | $1.07B | $1.23B | $1.06B | $918.66M | $672.17M | $603.69M | $582.66M | $535.37M | $477.54M | $479.1M | $171.83M | $171.89M |
| Total Liabilities and Equity | $39.06B | $41.39B | $38.34B | $35.92B | $36.27B | $34.68B | $41.39B | $38.4B | $36.92B | $39.5B | $30.5B | $30.19B | $28.34B | $30.04B | $31.34B | $29.65B | $27.81B | $28.75B | $32.11B | $13.22B | $12.85B | $11.49B | $11.99B | $12.26B |
| Supplementary Data | ||||||||||||||||||||||||
| Total Debt | $9.06B | $10.58B | $9.62B | $7.94B | $8.89B | $10.8B | $13.18B | $12.26B | $11.84B | $12.34B | $7.49B | $8.49B | $9.75B | $9.57B | $10.43B | $9.34B | $9.8B | $13.43B | $15.92B | $2.85B | $3.35B | $3.57B | $3.78B | $4.38B |
| Net Debt | $6.12B | $6.98B | $5.98B | $6.31B | $5.43B | $7.63B | $9.25B | $9.37B | $9.5B | $9.83B | $5.99B | $7.12B | $8.24B | $7.57B | $8.37B | $8.37B | $8.84B | $12.49B | $14.99B | $2.61B | $3.01B | $3.27B | $3.28B | $4.07B |
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 | $2.13B | $2.04B | $2.15B | $1.93B | $2.17B | -$2.16B | $1.42B | $1.45B | $1.02B | $1B | $1.14B | $967.22M | $946.23M | $509.68M | $620.66M | $570.42M | $54.77M | $2.14B | $180.05M | $1.06B | $462.79M | -$408.41M | $130.14M | $277.08M |
| Depreciation & Amortization | $1.39B | $1.51B | $1.38B | $1.57B | $1.23B | $5.4B | $1.64B | $1.26B | $1.24B | $1.16B | $894.54M | $840.17M | $807.8M | $1.26B | $1.05B | $993.91M | $869.89M | $828.23M | $647.77M | $512.67M | $571.86M | $551.64M | $707.04M | $722.02M |
| Deferred Income Tax | $0 | -$30.32M | $0 | $57.16M | $348.57M | -$109.98M | $2.79M | $0 | $0 | -$139.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $19.43M | $3.8M | $3.01M | $1.34M | $4.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$370.74M | -$363.18M | -$475.07M | -$898.45M | -$230.89M | $263.05M | $81.95M | -$119.02M | $7.7M | $107.85M | -$24.67M | -$30.15M | $208M | $180.96M | $54.17M | -$61.85M | $603.11M | -$189.86M | $73.76M | -$277.13M | -$281.59M | -$80.49M | -$144.82M | -$9.53M |
| Total Working Capital Change | -$370.74M | -$363.18M | -$475.07M | -$898.45M | -$230.89M | $263.05M | $81.95M | -$119.02M | $7.7M | $107.85M | -$24.67M | -$30.15M | $208M | $180.96M | $54.17M | -$61.85M | $603.11M | -$189.86M | $73.76M | -$277.13M | -$281.59M | -$80.49M | -$144.82M | -$9.53M |
| Other Non-Cash Items | $340.61M | $616.38M | $503.54M | $40.19M | -$853.34M | -$8.15M | -$177.86M | -$396.58M | $4.8M | -$35.58M | -$389.32M | -$125.05M | -$659.19M | -$257.1M | -$239.73M | -$225.2M | -$228.28M | -$1.08B | $1.23B | $108.51M | $134.58M | $983.81M | $44.78M | $65.35M |
| Net Cash from Operating | $3.49B | $3.77B | $3.58B | $2.7B | $2.68B | $3.38B | $2.97B | $2.2B | $2.28B | $2.09B | $1.62B | $1.65B | $1.3B | $1.69B | $1.49B | $1.28B | $1.3B | $1.7B | $2.13B | $1.41B | $887.64M | $1.05B | $737.13M | $1.05B |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditures | -$1.52B | -$1.64B | -$1.42B | -$1.49B | -$1.58B | -$1.08B | -$1.32B | -$1.18B | -$1.16B | -$1.16B | -$1.01B | -$1.05B | -$1.05B | -$928.26M | -$976.27M | -$819.51M | -$888.49M | -$1.23B | -$1.16B | -$551.14M | -$611.98M | -$520.84M | -$431.14M | -$510.5M |
| Acquisitions | -$848.94M | -$631.19M | -$432.76M | $90.77M | $2.08B | -$83.07M | $81.5M | -$383.52M | -$142.35M | -$3.33B | $13.96M | -$139.9M | -$77.93M | $54.37M | -$45.66M | -$120.47M | -$4.99M | $626K | $538.93M | $206.29M | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$191.22M | -$79.66M | -$223.52M | -$544.63M | -$39.08M | -$24.34M | -$46.22M | -$43.21M | -$81.06M | -$17.42M | -$32.71M | -$38.85M | -$340.42M | -$25.79M | -$24.12M | -$26.57M | -$28.63M | -$167.94M | -$13.1B | -$413.77M | -$431.21M | -$49.92M | -$252.26M | -$243.06M |
| Sales of Investments | $105.1M | $149.52M | $232.01M | $43.54M | $33.61M | $54.6M | -$53.37M | $27.02M | -$18.2M | -$30.93M | -$25.9M | -$19.76M | -$24M | -$31.37M | $174.29M | $21.44M | $27.68M | $2.57B | $1.79B | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $79.04M | $128.87M | $192.15M | $246.19M | $205.55M | $75.14M | $327.36M | $317.76M | $462.9M | $1.94B | $1.61B | $163.01M | $330.04M | $280.8M | $25.46M | $221.4M | $531.85M | $70.74M | $11.75M | $15.65M | $208.88M | $226.15M | $359.04M | $309.13M |
| Net Cash from Investing | -$2.37B | -$2.08B | -$1.65B | -$1.65B | $692.01M | -$1.06B | -$1.01B | -$1.27B | -$934.73M | -$2.59B | $549.99M | -$1.09B | -$1.16B | -$650.25M | -$846.31M | -$723.72M | -$362.58M | $1.24B | -$11.92B | -$742.97M | -$834.31M | -$344.61M | -$324.36M | -$444.44M |
| Financing Activities | ||||||||||||||||||||||||
| Debt Repaid | - | - | -$856.47M | $1.55B | $2.01B | $2.49B | $518.28M | -$193.15M | -$189.36M | -$2.22B | $1.49B | $644.67M | $124.94M | $1.26B | -$576.23M | $563.16M | $3.4B | $3.25B | -$10.23B | $638.44M | $322.72M | $785.78M | $665.84M | $654.23M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.17M | $3.8M | $3.8M | $0 | $0 | $2.53B | $572.21M | $588.63M | $418K | $325.72M | $0 | $437.74M | $0 |
| Common Stock Repurchases | -$428.97M | -$408.2M | -$332.72M | -$390.77M | -$390.55M | $0 | $0 | $0 | $0 | -$2.24M | -$3.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.03M |
| Dividends Paid | -$631.45M | -$637.02M | -$540.5M | -$511.69M | -$487.35M | -$132.98M | -$465.25M | -$420.92M | -$354.49M | -$272.76M | -$157.31M | -$125.61M | -$98.36M | -$73.24M | -$52.36M | -$25.12M | -$16.75M | -$181.43M | -$161.34M | -$148.43M | -$61.96M | -$127.78M | $0 | -$82.33M |
| Other Financing Activities | -$131.27M | -$171.68M | -$105.29M | -$378.27M | -$280.58M | -$261.26M | $8.37M | -$222.85M | -$337.85M | -$87.42M | -$275.83M | -$33.88M | -$225.87M | -$78.38M | -$76.37M | -$18.2M | -$72.7M | $10.55M | -$176.26M | -$70.9M | -$38.84M | -$11.7M | -$19.27M | -$15.13M |
| Net Cash from Financing | -$1.66B | -$1.73B | $150.28M | -$2.83B | -$3.17B | -$2.95B | -$975.15M | -$388.77M | -$1.03B | $1.18B | -$2.04B | -$801.98M | $92.33M | -$1.41B | $447.49M | -$606.48M | -$963.44M | -$2.85B | $10.48B | -$857.35M | -$97.8M | -$925.26M | -$247.37M | -$752.72M |
| Forex Effect | $308.18M | -$259.08M | -$53.15M | -$67.1M | $72.35M | -$120.69M | $82.06M | -$7.48M | -$158.54M | $14.18M | $7.93M | $98.7M | -$306.98M | -$71.01M | $26.8M | $70.9M | $38.5M | -$98.27M | $6.64M | $85.45M | $57.65M | -$22.26M | -$25.3M | -$45.63M |
| Net Change in Cash | -$236.29M | -$295.35M | $2.02B | -$1.85B | $268.85M | -$749.95M | $1.06B | $532.68M | $152.07M | $694.35M | $136.66M | -$137.33M | -$69.72M | -$441.02M | $1.12B | $17.98M | $11.97M | -$2.33M | $699.93M | -$109.39M | $13.18M | -$245.58M | $140.11M | -$187.87M |
| Supplementary Data | ||||||||||||||||||||||||
| Operating Cash Flow | $3.49B | $3.77B | $3.58B | $2.7B | $2.68B | $3.38B | $2.97B | $2.2B | $2.28B | $2.09B | $1.62B | $1.65B | $1.18B | $1.69B | $1.49B | $1.28B | $1.3B | $1.7B | $2.13B | $1.41B | $887.64M | $1.05B | $737.13M | $1.05B |
| Capital Expenditure | -$1.46B | -$1.54B | -$1.48B | -$1.49B | -$1.58B | -$1.08B | -$1.32B | -$1.18B | -$1.16B | -$1.16B | -$1.01B | -$1.05B | -$1.05B | -$928.26M | -$976.27M | -$819.51M | -$888.49M | -$1.23B | -$1.16B | -$627.7M | -$611.98M | -$520.84M | -$431.14M | -$510.5M |
| Free Cash Flow | $2.03B | $2.23B | $2.09B | $1.21B | $1.09B | $2.3B | $1.65B | $1.01B | $1.12B | $931.27M | $604.7M | $601.35M | $135.1M | $761.45M | $511.36M | $457.76M | $411M | $471.94M | $973.97M | $777.78M | $275.66M | $525.71M | $305.99M | $544.41M |
| Cash at Beginning | $3.17B | $3.89B | $1.62B | $3.48B | $3.21B | $3.96B | $2.89B | $2.35B | $2.2B | $1.51B | $1.37B | $1.51B | $1.65B | $2.09B | $971.91M | $953.94M | $941.93M | $944.26M | $244.33M | $353.73M | $340.54M | $586.12M | $446.01M | $633.88M |
| Cash at End | $2.93B | $3.6B | $3.65B | $1.62B | $3.48B | $3.21B | $3.95B | $2.89B | $2.35B | $2.2B | $1.51B | $1.37B | $1.64B | $1.65B | $2.09B | $971.91M | $953.9M | $941.93M | $944.26M | $244.33M | $353.73M | $340.54M | $586.12M | $446.01M |