NITTO DENKO CORP / ADR/ (NDEKF)
Founded in Osaka, Japan, in 1918, Nitto Denko Corporation is a global company primarily recognized for its extensive adhesive tape operations. Its comprehensive product portfolio spans a variety of adhesive tapes, including double-sided, masking, and packaging options, alongside surface protective films, sealing and NVH materials, and specialized components for FPD/touch panel applications. The company further produces gasket materials, products essential for semiconductor manufacturing processes, flexible printed circuit boards, and various porous or breathable films. Beyond these, Nitto Denko supplies complete functional thermal transfer systems (comprising labels, barcode printers, and software), tapes specifically designed for electrical and electronic equipment, and solutions for cleanroom dust removal. Their offerings also extend to fluoroplastic sheets, tapes, and porous films, materials for housing and construction, and packaging machinery. Additionally, the company plays a role in the medical sector, providing transdermal therapeutic systems, athletic tapes, medical adhesive tapes for wearable devices and body sensors, and particles utilized in nucleic acid synthesis. These wide-ranging products are distributed across numerous industries, including automotive, transportation, housing, infrastructure, materials, home appliance, electrical, display, electronic device, medical, packaging, and consumer/personal care.
Sector: American Depositary Receipts
Industry: Chemicals - Specialty
Nitto Denko Corporation
OTC:NDEKFBasic Materials · Chemicals - Specialty
+1.62%$23.20
Mkt Cap-
Float630.27M
O/S-
Inst Own-
SI0.7%
Div Yield1.69%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$6.57B
Net Income$853.24M
Total Assets$9.21B
Free Cash Flow$610.86M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$7.34B
Shares Outstanding
Short Interest
Split History1 split
- 5:1Forward splitSep 27, 20241 share → 5
Balance Sheet Details
Assets$9.21B
Liabilities$1.87B
Accounts Receivable$1.48B
Accounts Payable$662.18M
Inventory$1.01B
PP&E (Net)$3.12B
Goodwill$409.85M
Intangible Assets$108.28M
Income Statement
| Period | FY 2026 | 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 | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
| Revenue | $6.57B | $6.44B | $5.81B | $5.9B | $5.42B | $4.84B | $4.71B | $5.12B | $5.44B | $4.88B | $5.04B | $5.24B | $4.76B | $4.29B | $3.86B | $4.06B | $3.82B | $3.67B | $4.73B | $4.32B | $3.98B | $3.27B |
| YoY Growth | 2.0% | 10.8% | -1.5% | 8.9% | 12.1% | 2.7% | -8.1% | -5.8% | 11.5% | -3.2% | -3.9% | 10.1% | 11.0% | 11.2% | -4.8% | 6.1% | 4.1% | -22.5% | 9.6% | 8.5% | 21.6% | - |
| Cost of Revenue | $4.07B | $3.93B | $3.71B | $3.76B | $3.5B | $3.29B | $3.3B | $3.59B | $3.65B | $3.36B | $3.48B | $3.68B | $3.42B | $3.08B | $2.79B | $2.82B | $2.8B | $2.89B | $3.48B | $3.15B | $2.74B | $2.26B |
| Gross Profit | $2.5B | $2.51B | $2.1B | $2.14B | $1.92B | $1.55B | $1.41B | $1.54B | $1.79B | $1.52B | $1.55B | $1.56B | $1.34B | $1.22B | $1.07B | $1.24B | $1.02B | $775.88M | $1.25B | $1.17B | $1.24B | $1.01B |
| Gross Margin | 38.0% | 39.0% | 36.2% | 36.3% | 35.4% | 32.0% | 29.9% | 30.0% | 32.9% | 31.1% | 30.9% | 29.8% | 28.1% | 28.3% | 27.6% | 30.5% | 26.8% | 21.1% | 26.4% | 27.0% | 31.2% | 30.9% |
| Research and Development | $306.95M | $297.06M | $276.19M | $255.17M | $236.72M | $223.96M | $214.46M | $203.18M | $198.44M | $192.87M | $204.01M | $179.36M | $181.48M | $175.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $999.11M | $964.37M | $928.21M | $923.72M | $823.3M | $684.19M | $707.34M | $765.83M | $752.14M | $694.32M | $676.7M | $675.85M | $826.32M | $730.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other | $0 | $71.39M | $13.33M | $29.58M | $20.52M | $42.27M | $44.84M | $0 | $0 | $0 | -$14.82M | $0 | $23.68M | $11.19M | $16.06M | $12M | $22.38M | $5.34M | $10.2M | $6.17M | $0 | $0 |
| Total Operating Expenses | $1.31B | $1.33B | $1.22B | $1.21B | $1.08B | $950.42M | $966.64M | $947.05M | $988.65M | $930.66M | $903.81M | $886.01M | $879.85M | $779.68M | $706.34M | $694.04M | $667.27M | $687.98M | $754.25M | $726.75M | $675.22M | $565.07M |
| Operating Income (EBIT) | $1.19B | $1.18B | $883.68M | $934.76M | $840.04M | $595.82M | $442.9M | $589.26M | $798.51M | $588.07M | $650.36M | $677.91M | $458.91M | $436.16M | $358.8M | $541.43M | $356.22M | $87.89M | $495.12M | $438.48M | $566.7M | $444.71M |
| Operating Margin | 18.1% | 18.3% | 15.2% | 15.8% | 15.5% | 12.3% | 9.4% | 11.5% | 14.7% | 12.1% | 12.9% | 12.9% | 9.6% | 10.2% | 9.3% | 13.3% | 9.3% | 2.4% | 10.5% | 10.2% | 14.2% | 13.6% |
| Interest Expense | $13.07M | $19.89M | $15.62M | $12.3M | $8.79M | $6.82M | $10.29M | $12.18M | $4.78M | $11.74M | $9.7M | $6.48M | $13.67M | $6.14M | $5.76M | $6.55M | $8.56M | $8.12M | $11.04M | $10.49M | $5.89M | $2.05M |
| Interest Income | $20.82M | $18.43M | $13.94M | $10M | $9.27M | $3.55M | $5.63M | $7.59M | $7.53M | $6.76M | $7.24M | $4.45M | $3.77M | $4.64M | $1.91M | $2.03M | $1.68M | $3.22M | $4.29M | $3.88M | $2.35M | $1.16M |
| Other Income (Expense) | -$9.2M | -$2.15M | -$1.47M | -$2.12M | $749K | -$3.11M | -$4.57M | -$5.51M | $2.83M | -$5.07M | -$2.55M | -$5M | -$18.18M | -$33.14M | -$42.19M | -$14.58M | -$15.17M | -$77.25M | -$56.3M | -$25.01M | $2.48M | -$267K |
| Income Before Tax (EBT) | $1.18B | $1.18B | $882.22M | $932.64M | $840.79M | $592.71M | $438.33M | $583.76M | $801.34M | $583M | $647.82M | $672.91M | $442.32M | $403.03M | $316.6M | $526.85M | $341.06M | $10.64M | $438.82M | $413.48M | $569.17M | $444.45M |
| Income Tax Expense | $328.76M | $305M | $229.58M | $238.66M | $223.21M | $146.16M | $138.38M | $160.65M | $245.82M | $178.48M | $127.07M | $177.32M | $116.45M | $121.39M | $117.51M | $170.81M | $101.46M | $2.62M | $138.5M | $148.92M | $210.2M | $169.05M |
| Net Income | $853.24M | $871.65M | $652.16M | $693.4M | $616.92M | $446.09M | $299.51M | $422.75M | $554.97M | $403.02M | $518.8M | $494.62M | $324.04M | $278.45M | $197.31M | $354.05M | $238.62M | $1.7M | $296.19M | $261.68M | $351.27M | $265.76M |
| Net Income Margin | 13.0% | 13.5% | 11.2% | 11.8% | 11.4% | 9.2% | 6.4% | 8.3% | 10.2% | 8.3% | 10.3% | 9.4% | 6.8% | 6.5% | 5.1% | 8.7% | 6.2% | 0.0% | 6.3% | 6.1% | 8.8% | 8.1% |
| Supplementary Data | ||||||||||||||||||||||
| EPS | 198.13 | 195.74 | 143.91 | 147.75 | 131.26 | 472.71 | 301.31 | 423.50 | 538.99 | 390.93 | 495.23 | 471.75 | 309.29 | 266.35 | 188.90 | 337.36 | 225.52 | 1.60 | 280.07 | 248.32 | 335.52 | 255.22 |
| Diluted EPS | 198.13 | 195.65 | 143.86 | 147.70 | 131.20 | 472.38 | 301.08 | 423.14 | 538.41 | 390.45 | 494.56 | 470.85 | 308.63 | 265.79 | 188.60 | 336.73 | 225.20 | 1.60 | 279.82 | 248.01 | 331.72 | 252.58 |
| Weighted Average OS | 676.98M | 701.44M | 142.75M | 147.78M | 148.00M | 148.58M | 156.50M | 157.16M | 162.11M | 162.31M | 164.94M | 165.08M | 164.95M | 164.59M | 164.46M | 165.24M | 166.59M | 166.58M | 166.51M | 165.92M | 164.84M | 163.94M |
| EBITDA | $1.64B | $1.61B | $1.28B | $1.31B | $1.17B | $904.08M | $762.31M | $887.49M | $1.12B | $903.14M | $965.79M | $969.41M | $736.87M | $669.51M | $610.67M | $801M | $634.23M | $423.26M | $764.99M | $693.17M | $774.94M | $603.25M |
| EBITDA Margin | 25.0% | 25.1% | 22.1% | 22.2% | 21.6% | 18.7% | 16.2% | 17.3% | 20.6% | 18.5% | 19.2% | 18.5% | 15.5% | 15.6% | 15.8% | 19.7% | 16.6% | 11.5% | 16.2% | 16.1% | 19.5% | 18.4% |
Balance Sheet
| Period | FY 2026 | 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 | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
| Assets | ||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||
| Cash and Cash Equivalents | $2.3B | $2.31B | $2.17B | $2.1B | $2.3B | $1.91B | $1.94B | $1.89B | $1.94B | $1.78B | $1.53B | $1.36B | $1.33B | $1.38B | $1.33B | $1.34B | $1.09B | $723.84M | $509.27M | $481.2M | $556.75M | $319.82M |
| Short-Term Investments | $0 | $49.11M | $33.15M | $13.6M | $31.37M | $8.89M | $16.78M | $2.62M | $55.99M | $34.65M | $55.02M | $49.07M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.3B | $2.36B | $2.21B | $2.11B | $2.33B | $1.92B | $1.95B | $1.89B | $1.99B | $1.82B | $1.59B | $1.41B | $1.33B | $1.38B | $1.33B | $1.34B | $1.09B | $723.84M | $509.27M | $481.2M | $556.75M | $319.82M |
| Accounts Receivable | $1.48B | $1.34B | $1.33B | $1.13B | $1.31B | $1.16B | $981.12M | $1.08B | $1.22B | $1.1B | $948.3M | $1.21B | $1.06B | $1.03B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $1.01B | $907.82M | $868.9M | $896.19M | $815M | $683.84M | $610.52M | $596.94M | $603.82M | $563.38M | $562.09M | $593.53M | $548.26M | $523.03M | $429M | $396.32M | $367.92M | $387.35M | $459.86M | $459.16M | $378.09M | $280.54M |
| Other Current Assets | $305.12M | $163.76M | $154.49M | $162.55M | $135.61M | $108.76M | $113.66M | $125.05M | $135.38M | $101.22M | $94.61M | $79.01M | $138.69M | $140.49M | $77.93M | $51.09M | $47.86M | $86.35M | $83.36M | $59.49M | $54.08M | $57.23M |
| Total Current Assets | $5.1B | $4.76B | $4.56B | $4.3B | $4.59B | $3.87B | $3.66B | $3.69B | $3.95B | $3.58B | $3.19B | $3.3B | $3.08B | $3.07B | $2.69B | $2.69B | $2.42B | $1.84B | $2.01B | $2B | $1.95B | $1.44B |
| Long-Term Assets | ||||||||||||||||||||||
| Property, Plant & Equipment Net | $3.12B | $2.77B | $2.53B | $2.2B | $1.91B | $1.82B | $1.8B | $1.7B | $1.58B | $1.58B | $1.67B | $1.71B | $1.57B | $1.36B | $1.21B | $1.24B | $1.32B | $1.46B | $1.55B | $1.57B | $1.31B | $1.06B |
| Goodwill | $409.85M | $363.09M | $419.55M | $373.6M | $30.54M | $29.17M | $30.82M | $43.41M | $44M | $46.37M | $16.91M | $18.84M | $22.26M | $19.38M | $7.91M | $10.23M | $356K | $413K | $457K | $381K | $0 | $0 |
| Intangible Assets | $108.28M | $108.14M | $131.31M | $136.36M | $87.06M | $86.51M | $64.77M | $78.71M | $78.47M | $87.83M | $67.54M | $81.53M | $94.27M | $69.3M | $48.96M | $41.21M | $45.84M | $54.08M | $41.53M | $42.6M | $46.52M | $42.04M |
| Long-Term Investments | $129.13M | $46.49M | $71.82M | $56.27M | $49.15M | $62.55M | $30.52M | $52.15M | $5.61M | $23.31M | -$3.01M | $33.63M | $49.53M | $117.27M | $103.13M | $94.44M | $92.3M | $109.63M | $140.03M | $212.6M | $221.62M | $269.12M |
| Deferred Tax Assets | $122.04M | $113.52M | $106.27M | $148.75M | $153.27M | $164.83M | $163.19M | $168.62M | $179.71M | $172.04M | $185.12M | $192.01M | $117.44M | $54.51M | $63.43M | $60.63M | $61.63M | $55.09M | $21.79M | $13.92M | $3.92M | $6.92M |
| Other Long-Term Assets | $233.48M | $226.31M | $130.24M | $113.21M | $131.56M | $102.12M | $108.48M | $68.37M | $119.98M | $93.19M | $114.56M | $103.25M | $28.01M | $22.38M | $23.28M | $18.77M | $22.39M | $27.46M | $27.04M | -$1.71M | -$3.25M | -$3.46M |
| Total Long-Term Assets | $4.12B | $3.63B | $3.39B | $3.03B | $2.36B | $2.26B | $2.2B | $2.11B | $2.01B | $2.01B | $2.06B | $2.14B | $1.89B | $1.64B | $1.45B | $1.46B | $1.55B | $1.71B | $1.78B | $1.83B | $1.58B | $1.37B |
| Other Assets | $0 | $0 | $0 | $6K | $6K | $0 | $6K | $0 | $6K | $6K | $6K | $6K | $0 | $6K | $0 | $0 | $0 | $0 | $0 | $6K | $0 | $0 |
| Total Assets | $9.21B | $8.4B | $7.95B | $7.33B | $6.95B | $6.13B | $5.86B | $5.8B | $5.96B | $5.59B | $5.25B | $5.43B | $4.96B | $4.71B | $4.14B | $4.15B | $3.97B | $3.55B | $3.79B | $3.84B | $3.54B | $2.82B |
| Liabilities | ||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||
| Accounts Payable | $662.18M | $638.37M | $628.57M | $583.27M | $652.91M | $640.16M | $576.78M | $615.37M | $699.38M | $703.99M | $610.66M | $686.65M | $666.38M | $672.17M | $500.05M | $666.03M | $638.15M | $534.15M | $873.47M | $247.03M | $224.13M | $648.15M |
| Short-Term Debt | $0 | $2.89M | $2.19M | $1.73M | $1.53M | $3.46M | $0 | $0 | $0 | $0 | $0 | $0 | $360.09M | $70.74M | $18.91M | $67.67M | $67.75M | $341.91M | $53.45M | $217.4M | $114.46M | $55.94M |
| Current Income Tax Payable | $0 | $179M | $85.12M | $117.42M | $115.2M | $71.29M | $63.74M | $32.22M | $122.39M | $101.48M | $23.84M | $129.17M | $47.72M | $88.38M | $22.27M | $118.83M | $100.01M | $9.81M | $78.31M | $62.1M | $152.43M | $102.19M |
| Current Unearned Revenue | $0 | $0 | $0 | $267.31M | $242.1M | $216.32M | $216.49M | $169.47M | $208.91M | $162.84M | $103.08M | $259.02M | $409.28M | $431.79M | $126.56M | $242.77M | $220.16M | $85.6M | $205.14M | $839.95M | $269.47M | $201.49M |
| Other Current Liabilities | $667.47M | $588.07M | $597.95M | $225.91M | $312.46M | $229.69M | $171.25M | $358.97M | $368.71M | $303.21M | $342.46M | $438.08M | $275.11M | $284.55M | $142.28M | $144.93M | $144.82M | $90.45M | $141.43M | $140.4M | $136.67M | $116.05M |
| Total Current Liabilities | $1.44B | $1.41B | $1.31B | $1.2B | $1.32B | $1.16B | $1.03B | $1.01B | $1.19B | $1.11B | $976.95M | $1.25B | $1.35B | $1.12B | $879.59M | $997.46M | $950.73M | $976.33M | $1.15B | $1.33B | $1.22B | $922.34M |
| Long-Term Liabilities | ||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22.29M | $323.84M | $355.68M | $355.68M | $408.5M | $132.89M | $44.03M | $11.47M | $36.03M | $41.3M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $281.28M | $306.87M | $224.88M | $215.88M | $127.86M | $123.14M | $121.19M | $125.33M | $119.77M | $119.67M | $107.68M | $106.28M | $92.88M |
| Long-Term Deferred Tax Liabilities | $75.29M | $24.49M | $21.77M | $26.5M | $2.07M | $2.2M | $1.8M | $3.93M | $3.89M | $5.38M | $2.22M | $3.59M | $13.22M | $7.98M | $2.24M | $2.32M | $1.15M | $2.21M | $2.9M | $10.34M | $10.09M | $2.72M |
| Other Long-Term Liabilities | $350.89M | $325.29M | $354.1M | $368.58M | $403.63M | $419.74M | $441.54M | $337.48M | $354.12M | $42.14M | $37.36M | $43.39M | $12.89M | $19.33M | $11.08M | $11.41M | $14.93M | $20.85M | $22.94M | $43.11M | $46.17M | $32.61M |
| Total Long-Term Liabilities | $426.18M | $349.78M | $375.87M | $395.09M | $405.7M | $421.94M | $443.34M | $341.41M | $358M | $323.43M | $344.23M | $268.26M | $264.29M | $471.03M | $492.14M | $490.6M | $549.9M | $275.71M | $189.54M | $172.61M | $198.58M | $169.51M |
| Other Liabilities | $0 | $0 | $25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.87B | $1.76B | $1.69B | $1.59B | $1.73B | $1.58B | $1.47B | $1.35B | $1.55B | $1.43B | $1.32B | $1.52B | $1.61B | $1.59B | $1.37B | $1.49B | $1.5B | $1.25B | $1.34B | $1.5B | $1.41B | $1.09B |
| Stockholders' Equity | ||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $23.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $171.18M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M | $170.11M |
| Retained Earnings | $5.83B | $5.65B | $5.13B | $4.99B | $4.48B | $4.04B | $4.09B | $3.95B | $4.23B | $3.84B | $3.55B | $3.23B | $3B | $2.8B | $2.62B | $2.53B | $2.24B | $2.06B | $2.15B | $1.93B | $1.74B | $1.45B |
| Comprehensive Income & Other | $1.11B | $4.62M | $778.33M | $423.91M | $306.62M | $83.44M | -$23.02M | $78.73M | $94.12M | $113.3M | $143.69M | $324.81M | $7.04M | -$7.91M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $1.34B | $808.28M | $947.47M | $566.28M | $562.09M | $337.7M | $121.58M | $327.95M | $5.93M | $146.74M | $179.69M | $486.96M | $162.13M | $143.03M | -$32.15M | -$41.22M | $54.83M | $47.02M | $114.59M | $216.53M | $127.05M | $34.17M |
| Total Equity | $7.34B | $6.63B | $6.25B | $5.73B | $5.22B | $4.55B | $4.38B | $4.45B | $4.4B | $4.15B | $3.9B | $3.89B | $3.33B | $3.11B | $2.76B | $2.66B | $2.46B | $2.28B | $2.44B | $2.32B | $2.04B | $1.66B |
| Minority Interest | $6.87M | $6.55M | $6.53M | $6.24M | $5.8M | $5.19M | $4.81M | $4.73M | $4.55M | $4.12M | $22.01M | $23.88M | $20.05M | $13.67M | $9.08M | $7.74M | $6.3M | $14M | $13.13M | $13.87M | $80.93M | $65.21M |
| Total Liabilities and Equity | $9.21B | $8.39B | $7.94B | $7.32B | $6.95B | $6.13B | $5.85B | $5.8B | $5.95B | $5.58B | $5.22B | $5.41B | $4.94B | $4.7B | $4.13B | $4.15B | $3.96B | $3.53B | $3.77B | $3.82B | $3.46B | $2.75B |
| Supplementary Data | ||||||||||||||||||||||
| Total Debt | $0 | $2.89M | $2.19M | $1.73M | $1.53M | $3.46M | $572K | $2.85M | $25.72M | $26.02M | $40.62M | $58.34M | $382.38M | $394.57M | $374.59M | $423.35M | $476.25M | $474.8M | $97.49M | $228.87M | $150.49M | $97.25M |
| Net Debt | -$2.3B | -$2.31B | -$2.17B | -$2.09B | -$2.3B | -$1.91B | -$1.94B | -$1.89B | -$1.91B | -$1.75B | -$1.49B | -$1.3B | -$943.9M | -$984.28M | -$958.28M | -$917.08M | -$615.69M | -$249.04M | -$411.78M | -$252.33M | -$406.26M | -$222.57M |
Cash Flow Statement
| Period | FY 2026 | 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 | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 |
| Operating Activities | ||||||||||||||||||||||
| Net Income | $853.24M | $1.18B | $652.16M | $932.64M | $840.79M | $592.71M | $438.33M | $583.76M | $801.34M | $583M | $647.82M | $672.91M | $442.32M | $403.03M | $316.6M | $526.85M | $341.06M | $10.64M | $438.82M | $413.48M | $569.17M | $444.45M |
| Depreciation & Amortization | $451.72M | $416.62M | $386.24M | $364.33M | $318.91M | $304.55M | $313.7M | $291.55M | $313.02M | $308.4M | $308.28M | $290.02M | $274.3M | $231.62M | $233.77M | $253.68M | $284.61M | $321.1M | $315.14M | $255.13M | $199.88M | $156.76M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||
| Accounts Receivable | -$29.85M | -$24.08M | -$120.89M | $282.59M | -$64.26M | -$133.75M | $81.33M | $147.02M | -$117.46M | -$159.81M | $203.77M | -$31.19M | $12.13M | -$120.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$38.07M | -$54.15M | $74.75M | -$14.16M | -$88.92M | -$48.32M | -$32.6M | $2.3M | -$43.57M | -$8.43M | $3.44M | -$13.13M | $4.18M | -$59.59M | -$35.73M | -$39.84M | $18.37M | $53.06M | -$28.36M | -$73.76M | -$47.51M | -$12.73M |
| Accounts Payable | $0 | $0 | $0 | -$282.59M | $64.26M | $133.75M | -$81.33M | -$147.02M | $0 | $97.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$15.56M | $19.08M | $375K | $79.79M | $31.19M | -$63.17M | $67.22M | $61.27M | -$131M | -$56.11M | $140.74M | -$70.13M | -$30.4M | -$59.2M | $6.15M | $39.31M | -$56.53M | -$24.04M | $40.1M | $33.9M | $3.31M | -$51.71M |
| Total Working Capital Change | -$83.48M | -$59.15M | -$45.76M | $65.63M | -$57.73M | -$111.49M | $34.62M | $63.56M | -$174.57M | -$64.55M | $144.18M | -$83.27M | -$26.22M | -$118.79M | -$29.58M | -$534K | -$38.17M | $29.02M | $11.74M | -$39.86M | -$44.2M | -$64.45M |
| Other Non-Cash Items | $6.83M | -$150.55M | -$4.85M | -$208.54M | -$184.25M | -$47.05M | -$1.35M | -$312.83M | -$161.41M | -$65.07M | -$206.9M | -$120.79M | -$193.17M | -$82.99M | -$149.28M | -$163.52M | $63.51M | -$35M | -$120.42M | -$228.4M | -$188M | -$180.65M |
| Net Cash from Operating | $1.23B | $1.38B | $987.78M | $1.15B | $917.71M | $738.73M | $785.29M | $626.05M | $778.37M | $761.78M | $893.38M | $758.87M | $497.23M | $432.86M | $371.51M | $616.47M | $651.01M | $325.76M | $645.27M | $400.34M | $536.85M | $356.1M |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditures | -$617.45M | -$673.27M | -$430.46M | -$418.69M | -$374.47M | -$366.63M | -$379.79M | -$378.72M | -$307.83M | -$274.24M | -$400.44M | -$338.71M | -$471.59M | $3.91M | $0 | $0 | $0 | $0 | $0 | -$493.61M | -$369.38M | -$302.28M |
| Acquisitions | $27.66M | -$39.73M | $11.88M | -$615.87M | -$1.71M | -$5.59M | $9.17M | $16.73M | $629K | -$60.64M | $17.93M | $0 | -$15.22M | -$28.37M | $0 | $0 | $0 | $0 | $0 | $8.31M | -$2.92M | -$9.61M |
| Purchases of Investments | -$97.36M | -$19.9M | -$20.25M | -$1.12M | -$6.31M | -$3.22M | -$20.18M | $2.1M | -$17.85M | $3.41M | $0 | -$8.26M | -$686K | -$292K | -$4.57M | -$22.6M | -$13.59M | -$5.9M | -$3.82M | -$4.6M | -$800K | -$508K |
| Sales of Investments | $51K | $349K | $3.5M | $17.5M | $4.85M | $6.74M | $9.72M | $42.48M | $0 | $16.69M | $21.62M | $0 | $0 | $83K | $3.67M | $140K | $432K | $83K | $18.41M | $743K | $4.78M | $838K |
| Other Investing Activities | $435K | $1.47M | $3.89M | $2.55M | $11.83M | $3.25M | $51K | $121K | $6.75M | $2.29M | $16.25M | $4.91M | -$84.04M | -$328.81M | -$234.51M | -$181.04M | -$600.31M | -$380.04M | -$405M | $6.6M | $16.67M | -$743K |
| Net Cash from Investing | -$686.66M | -$731.08M | -$431.43M | -$1.02B | -$365.8M | -$365.45M | -$381.03M | -$317.28M | -$318.94M | -$315.91M | -$362.57M | -$342.07M | -$99.94M | -$357.39M | -$235.41M | -$203.51M | -$613.47M | -$385.85M | -$390.41M | -$490.87M | -$351.65M | -$312.3M |
| Financing Activities | ||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | $30.07M | $19.05M | - | - | $3.69M | $321M | $19.05M | -$5.3M | $50.52M | $40.38M | -$315.95M | -$89.36M | -$18.69M | $8.8M | $17.51M | -$14.83M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$385.32M | -$222.69M | -$299.58M | -$114.38M | $0 | -$211.58M | -$106.07M | -$181.31M | -$122.93M | $0 | -$127.07M | $0 | $0 | $6.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$253.53M | -$241.61M | -$228.91M | -$216.24M | -$197.38M | -$191.74M | -$189.4M | -$171.03M | -$159.84M | -$149.47M | -$141.62M | -$110.06M | -$104.72M | -$104.48M | -$104.44M | -$62.87M | -$63.48M | -$84.63M | -$79.3M | -$68.45M | -$57.54M | -$49.88M |
| Other Financing Activities | -$42.46M | -$37.45M | -$48.58M | -$35.58M | -$33.33M | -$33.19M | -$30.36M | $2.73M | -$3M | -$21.46M | -$1.59M | -$426K | $1.01M | -$197K | -$203K | -$159K | -$387K | -$546K | -$438K | -$2.11M | -$1.97M | -$1.87M |
| Net Cash from Financing | -$681.3M | -$501.06M | -$576.61M | -$366.01M | -$232.71M | -$433.78M | -$327.97M | -$371.04M | -$285.3M | -$183.45M | -$285.19M | -$438.03M | -$115.16M | -$94.14M | -$152.29M | -$148.36M | -$57.98M | $296.63M | -$175.6M | $5.58M | -$6.41M | -$58.14M |
| Forex Effect | $28.75M | -$18.02M | $86.21M | $36.02M | $69.24M | $34.88M | -$30.3M | -$6K | -$1.71M | -$11.84M | -$78.37M | $91.82M | $39.02M | $53.96M | -$165K | -$25.39M | $788K | -$17.52M | -$49.68M | $7.88M | $15.73M | $4.71M |
| Net Change in Cash | -$110.9M | $133.86M | $78.14M | -$203.75M | $388.44M | -$25.62M | $45.98M | -$44.63M | $154.76M | $250.58M | $167.25M | $70.58M | $325.01M | $41.68M | -$16.37M | $239.21M | -$19.66M | $219.02M | $29.77M | -$77.06M | $243.93M | -$1.69M |
| Supplementary Data | ||||||||||||||||||||||
| Operating Cash Flow | $1.23B | $1.38B | $987.78M | $1.15B | $917.71M | $738.73M | $785.29M | $626.05M | $778.37M | $761.78M | $893.38M | $758.87M | $497.23M | $432.86M | $371.51M | $616.47M | $651.01M | $325.76M | $645.27M | $400.34M | $536.85M | $356.1M |
| Capital Expenditure | -$617.45M | -$673.27M | -$430.46M | -$418.69M | -$374.47M | -$366.63M | -$379.79M | -$378.72M | -$307.83M | -$274.24M | -$400.44M | -$338.71M | -$471.59M | $3.91M | $0 | $0 | $0 | $0 | $0 | -$493.61M | -$369.38M | -$302.28M |
| Free Cash Flow | $610.86M | $710.75M | $557.32M | $735.37M | $543.24M | $372.1M | $405.5M | $247.33M | $470.54M | $487.54M | $492.94M | $420.16M | $25.63M | $436.77M | $371.51M | $616.47M | $651.01M | $325.76M | $645.27M | -$93.26M | $167.47M | $53.82M |
| Cash at Beginning | $2.41B | $2.17B | $2.1B | $2.3B | $1.91B | $1.94B | $1.89B | $1.94B | $1.78B | $1.53B | $1.36B | $1.29B | $967.16M | $925.48M | $941.84M | $702.64M | $722.29M | $503.27M | $473.5M | $550.57M | $306.63M | $308.32M |
| Cash at End | $2.3B | $2.31B | $2.17B | $2.1B | $2.3B | $1.91B | $1.94B | $1.89B | $1.94B | $1.78B | $1.53B | $1.36B | $1.29B | $967.16M | $925.48M | $941.84M | $702.64M | $722.29M | $503.27M | $473.5M | $550.57M | $306.63M |