Sartorius Stedim Biotech S.A./ADR (SDMHF)
Sartorius Stedim Biotech S.A. engages in the production and sale of instruments and consumables for the biopharmaceutical industry worldwide. The company offers various products, such as cell lines; cell culture media; bioreactors; reagents; advanced therapies; and a range of products for separation, purification, and concentration processes, as well as products and systems for storage and transportation of intermediate and finished biological products. It also provides fluid management services; biolayer interferometry instruments; microbiology testing, sterility testing, and air monitoring instruments; pipette products; sensors and analyzers; screening instruments; biomolecule analysis tools; batch liquid chromatography systems; lab data and fleet management software; live cell imaging and analysis; surface plasmon resonance solutions; water purification systems; and weighing products. In addition, the company offers data analytics software; process automation platform and software; and transfection reagents and plasmid DNA solutions. The company has a collaboration with Bio Usawa Biotechnology, Ltd. focusing on developing and manufacturing monoclonal antibodies in Sub-Saharan Africa to tackle oncology, diabetes-induced eye diseases, infectious diseases, and autoimmune conditions. It serves manufacturers of medications, vaccines, food, and chemicals, as well as research and development laboratories. The company was incorporated in 1978 and is headquartered in Aubagne, France. Sartorius Stedim Biotech S.A. is a subsidiary of Sartorius AG.
Industry: Medical - Instruments & Supplies
Sartorius Stedim Biotech S.A.
OTC:SDMHFHealthcare · Medical - Instruments & Supplies
+2.01%$239.00
Mkt Cap-
Float27.69M
O/S-
Inst Own-
Div Yield0.34%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.32B
Net Income$297.04M
Total Assets$8.97B
Free Cash Flow$162.61M
Debt & Equity
Debt 39%
Equity 61%
Total Debt$2.91B
Total Equity$4.57B
Shares Outstanding
Short Interest
Split History3 splits
- 6:1Forward splitJun 2, 20161 share → 6
- 5:1Forward splitJun 16, 20051 share → 5
- 1.1:1Forward splitJul 13, 20041 share → 1.1
Balance Sheet Details
Assets$8.97B
Liabilities$4.35B
Accounts Receivable$254.21M
Accounts Payable$310.69M
Inventory$772.69M
PP&E (Net)$2.26B
Goodwill$3.23B
Intangible Assets$1.72B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 |
| Revenue | $3.32B | $3.11B | $3.11B | $3.91B | $3.23B | $2.14B | $1.61B | $1.36B | $1.21B | $1.18B | $989.39M | $764.73M | $658.28M | $608.59M | $534M | $484.38M | $448.9M | $411.71M | $300.77M | $582.95M | $541.84M |
| YoY Growth | 6.7% | 0.2% | -20.5% | 21.0% | 51.1% | 32.6% | 18.8% | 12.1% | 2.8% | 18.9% | 29.4% | 16.2% | 8.2% | 14.0% | 10.2% | 7.9% | 9.0% | 36.9% | -48.4% | 7.6% | - |
| Cost of Revenue | $1.81B | $1.76B | $1.73B | $1.86B | $1.49B | $1.02B | $774.46M | $651.8M | $588.72M | $587.14M | $483.93M | $382.49M | $330.33M | $301.47M | $267.26M | $243.11M | $235.96M | $215.02M | $167.18M | $308.09M | $288.44M |
| Gross Profit | $1.5B | $1.35B | $1.38B | $2.03B | $1.74B | $1.12B | $837.25M | $704.36M | $620.74M | $589.41M | $505.46M | $382.24M | $327.95M | $307.12M | $266.74M | $241.28M | $212.94M | $196.69M | $133.59M | $274.86M | $253.39M |
| Gross Margin | 45.3% | 43.4% | 44.4% | 52.0% | 53.8% | 52.5% | 51.9% | 51.9% | 51.3% | 50.1% | 51.1% | 50.0% | 49.8% | 50.5% | 50.0% | 49.8% | 47.4% | 47.8% | 44.4% | 47.1% | 46.8% |
| Research and Development | $148.3M | $161.22M | $171.29M | $169.83M | $123.62M | $94.48M | $88.63M | $67.82M | $59.53M | $53.18M | $46.46M | $43.14M | $40.27M | $34.65M | $31.98M | $31.13M | $27.4M | $27.46M | $21.17M | $39.75M | $36.58M |
| Selling, General, and Administrative | $743.5M | $725.54M | $689.4M | $684.59M | $594.94M | $438.06M | $354.45M | $315.74M | $287.45M | $271.95M | $241.78M | $204.68M | $177.55M | $159.85M | $141.48M | $133.9M | $121.87M | $124.45M | $84.94M | -$99.91M | -$92.28M |
| Other | -$1.23M | $48.67M | $1.79M | $448K | $31.07M | $26.73M | $672K | -$2.1M | -$1.46M | $6.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $890.57M | $935.43M | $862.48M | $854.88M | $749.62M | $559.27M | $447.03M | $382.67M | $339.5M | $318.95M | $284.34M | $245.11M | $209.99M | $202.09M | $187.14M | $174.27M | $158.56M | $28K | $118.03M | $487K | $5.55M |
| Operating Income (EBIT) | $613.99M | $414.63M | $502.9M | $1.18B | $1B | $527.86M | $371.47M | $335.9M | $248.04M | $252.75M | $206.45M | $134.67M | $113.39M | $97.56M | $79.61M | $67.01M | $54.38M | $37.74M | $15.56M | $274.38M | $247.85M |
| Operating Margin | 18.5% | 13.3% | 16.2% | 30.2% | 31.0% | 24.7% | 23.0% | 24.8% | 20.5% | 21.5% | 20.9% | 17.6% | 17.2% | 16.0% | 14.9% | 13.8% | 12.1% | 9.2% | 5.2% | 47.1% | 45.7% |
| Interest Expense | $170.78M | $184.04M | $130.9M | $20.81M | $11.63M | $7.63M | $5.16M | $4.47M | $4.94M | $4.93M | $4.69M | $6.85M | $5.4M | $6.05M | $8.35M | $4.85M | $8.16M | $14.69M | $7.12M | $263K | $170K |
| Interest Income | $12.97M | $21.89M | $6.94M | $559K | $336K | $569K | $376K | $431K | $307K | $142K | $1.59M | $473K | $188K | $1.15M | $1.09M | $482K | $396K | $679K | $113K | $7.18M | $9.65M |
| Other Income (Expense) | -$196.61M | -$169.39M | -$54.15M | $86.37M | -$278.25M | -$12.33M | -$27.93M | $3.14M | -$20.49M | -$14.47M | -$16.62M | -$17.07M | -$7.72M | -$4.19M | -$7.26M | -$4.37M | -$7.77M | -$14.01M | -$7.01M | -$223.06M | -$208.49M |
| Income Before Tax (EBT) | $417.38M | $245.24M | $448.75M | $1.26B | $723.55M | $539.97M | $355.34M | $318.35M | $246.82M | $238.29M | $189.84M | $117.6M | $105.67M | $93.37M | $72.35M | $62.64M | $46.62M | $23.73M | $8.56M | $51.32M | $39.36M |
| Income Tax Expense | $120M | $45.54M | $99.57M | $280.26M | $260.02M | $136.62M | $91.1M | $83.45M | $63.6M | $63.89M | $56.15M | $35.11M | $30.17M | $28.61M | $24.03M | $19.55M | $14.07M | $9.07M | $3.25M | -$17.48M | -$13.55M |
| Net Income | $297.04M | $195.9M | $346.49M | $980.18M | $463.63M | $375.84M | $262.36M | $232.77M | $180.23M | $171.93M | $132.02M | $81.05M | $74.15M | $63.5M | $48.17M | $43.09M | $32.55M | $14.65M | $5.31M | $32.47M | $24.74M |
| Net Income Margin | 9.0% | 6.3% | 11.2% | 25.1% | 14.4% | 17.6% | 16.3% | 17.2% | 14.9% | 14.6% | 13.3% | 10.6% | 11.3% | 10.4% | 9.0% | 8.9% | 7.3% | 3.6% | 1.8% | 5.6% | 4.6% |
| Supplementary Data | |||||||||||||||||||||
| EPS | 2.73 | 1.81 | 3.36 | 9.51 | 4.50 | 3.64 | 2.54 | 2.26 | 1.75 | 1.67 | 1.28 | 0.79 | 0.72 | 0.62 | 0.47 | 0.40 | 0.28 | 0.13 | 0.05 | 0.28 | 0.22 |
| Diluted EPS | 2.73 | 1.81 | 3.36 | 9.51 | 4.50 | 3.64 | 2.54 | 2.26 | 1.75 | 1.67 | 1.28 | 0.79 | 0.72 | 0.62 | 0.47 | 0.40 | 0.28 | 0.13 | 0.07 | 0.28 | 0.22 |
| Weighted Average OS | 97.30M | 96.78M | 92.16M | 92.16M | 92.18M | 92.18M | 92.18M | 92.18M | 92.18M | 92.17M | 92.20M | 92.11M | 92.06M | 92.00M | 91.94M | 96.48M | 101.84M | 101.53M | 101.91M | 102.28M | 102.28M |
| EBITDA | $969.75M | $750.16M | $845.48M | $1.49B | $893.59M | $636.82M | $442.37M | $390.97M | $308.46M | $313.56M | $239.12M | $174.77M | $145.25M | $126.82M | $108.1M | $93.2M | $80.16M | $61.79M | $32.74M | $73.07M | $60.21M |
| EBITDA Margin | 29.2% | 24.1% | 27.2% | 38.1% | 27.7% | 29.8% | 27.4% | 28.8% | 25.5% | 26.7% | 24.2% | 22.9% | 22.1% | 20.8% | 20.2% | 19.2% | 17.9% | 15.0% | 10.9% | 12.5% | 11.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 |
| Assets | |||||||||||||||||||||
| Current Assets | |||||||||||||||||||||
| Cash and Cash Equivalents | $476.54M | $759.55M | $130.45M | $119.82M | $250.19M | $66.86M | $30.93M | $26.82M | $36.42M | $38.89M | $35.61M | $20.75M | $39.83M | $31.11M | $52.39M | $33.18M | $61.37M | $14.79M | $8.35M | $9M | $11.03M |
| Short-Term Investments | $9.06M | $11.08M | $10.63M | $28.98M | $15.35M | $11.01M | $20.47M | $21.49M | $14.37M | $9.25M | $9.34M | $7.6M | $7.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $485.78M | $770.63M | $141.08M | $148.8M | $265.54M | $77.87M | $51.4M | $48.32M | $50.79M | $48.13M | $44.96M | $28.34M | $47.33M | $31.11M | $52.39M | $33.18M | $61.37M | $14.79M | $8.35M | $9M | $11.03M |
| Accounts Receivable | $254.21M | $298.5M | $329.71M | $452.67M | $398.29M | $287.41M | $247.53M | $246.4M | $236.76M | $0 | $0 | $0 | $119.93M | $112.07M | $107.25M | $92.31M | $78.83M | $82.87M | $94.93M | $133.76M | $122.88M |
| Inventory | $772.69M | $766.27M | $987.23M | $1.15B | $875.97M | $528.41M | $367.15M | $281.94M | $207.65M | $191.38M | $164.43M | $123.04M | $103.13M | $95.19M | $74.32M | $56.81M | $52.27M | $68.15M | $60.14M | $79.14M | $77.9M |
| Other Current Assets | $99.13M | $112.44M | $125.19M | $121.73M | $88.75M | $85.49M | $55.29M | $41.52M | $55.69M | $46.95M | $33.21M | $25.58M | $18.43M | $116.79M | $117.39M | $15.02M | $15.15M | $16.79M | $17.5M | $4.19M | $3.99M |
| Total Current Assets | $1.61B | $1.95B | $1.58B | $1.87B | $1.63B | $979.19M | $709.1M | $618.17M | $549.16M | $483.02M | $392.51M | $308.97M | $289.22M | $252.67M | $246.31M | $197.33M | $207.61M | $182.6M | $180.92M | $226.08M | $215.79M |
| Long-Term Assets | |||||||||||||||||||||
| Property, Plant & Equipment Net | $2.26B | $2.11B | $1.16B | $1.45B | $1.04B | $720.45M | $611.57M | $487.77M | $370.65M | $292.52M | $249.35M | $215.03M | $196.75M | $179.33M | $147.2M | $126.07M | $125.04M | $128.01M | $127.38M | $135.83M | $127.46M |
| Goodwill | $3.23B | $3.25B | $3.19B | $1.27B | $918.2M | $979.13M | $477.6M | $430.4M | $431.91M | $385.74M | $376.99M | $351.79M | $339.04M | $312.72M | $284.66M | $280.01M | $280.01M | $280M | $278.92M | $0 | $0 |
| Intangible Assets | $1.72B | $1.83B | $1.69B | $981.08M | $765.72M | $708.78M | $201.49M | $198.58M | $193.45M | $161.13M | $160.38M | $125.22M | $137.15M | $131.21M | $110.46M | $114.19M | $119.25M | $126.02M | $117.74M | $39.74M | $36.45M |
| Long-Term Investments | $21.25M | $15.78M | $45.65M | -$1.12M | $1.17M | $4.09M | -$3.6M | -$15.18M | -$1.16M | -$6.7M | -$7.86M | -$6.24M | -$6.04M | $2.56M | $0 | $0 | $0 | $4.13M | $0 | $0 | $0 |
| Deferred Tax Assets | $121.46M | $70.71M | $13.09M | $68.92M | $52.04M | $30.75M | $19.4M | $16.21M | $12.29M | $12.03M | $11.23M | $11.38M | $10.47M | $9.68M | $13.91M | $13.29M | $11.2M | $9.09M | $9.55M | $15.14M | $20.9M |
| Other Long-Term Assets | $3.91M | $15.1M | $971.68M | $31.44M | $16.08M | $11.58M | $21.12M | $22.2M | $14.39M | $10.18M | $10.18M | $8.33M | $8.13M | $1K | $3.74M | $3.42M | $4.08M | $1K | $2.33M | $5.38M | $5M |
| Total Long-Term Assets | $7.35B | $7.29B | $7.07B | $3.8B | $2.79B | $2.45B | $1.33B | $1.14B | $1.02B | $854.89M | $800.28M | $705.51M | $685.51M | $635.51M | $559.97M | $536.98M | $539.58M | $547.24M | $535.92M | $196.09M | $189.81M |
| Other Assets | $0 | $0 | $11.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $8.97B | $9.24B | $8.66B | $5.67B | $4.42B | $3.43B | $2.04B | $1.76B | $1.57B | $1.34B | $1.19B | $1.01B | $974.73M | $888.18M | $806.28M | $734.31M | $747.2M | $729.84M | $716.84M | $422.17M | $405.59M |
| Liabilities | |||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||
| Accounts Payable | $310.69M | $346.83M | $289.21M | $281.38M | $281.15M | $195.49M | $131.01M | $115.87M | $86.38M | $76.06M | $68.65M | $55.02M | $57.75M | $34.16M | $38.58M | $51.46M | $36.61M | $35.5M | $34.96M | $31.62M | $27.27M |
| Short-Term Debt | $623.51M | $44.3M | $64.55M | $4.92M | $28.53M | $14.67M | $48.72M | $100.49M | $107.33M | $83.55M | $97.58M | $80.29M | $30.41M | $118.44M | $48.1M | $45.07M | $42.98M | $36.31M | $174.96M | $37.97M | $31.09M |
| Current Income Tax Payable | $0 | $137.84M | $211.9M | $234.5M | $184.63M | $80.02M | $55.08M | $37M | $35.57M | $23.49M | $22.34M | $11.31M | $16.88M | $4.23M | $21.38M | $18.01M | $12.14M | $5.09M | $3.88M | $17.75M | $9.72M |
| Current Unearned Revenue | $187.44M | $250.29M | $267.74M | $741.88M | $738.63M | $350.91M | $157.92M | $110.76M | $174.83M | $148.02M | $129.08M | $121.48M | $64.75M | $38.75M | $27.39M | $23.36M | $17.65M | $10.89M | $12.29M | $27.05M | $19.45M |
| Other Current Liabilities | $228.91M | $493.39M | $121.6M | $26.07M | -$198.01M | -$5.12M | $240.64M | $165.07M | $160.83M | $124.73M | $107.67M | $94.7M | $66.76M | $81.97M | $69.75M | $47.59M | $42.18M | $32.86M | $34.86M | $47.33M | $56.95M |
| Total Current Liabilities | $1.58B | $1.05B | $1.05B | $1.16B | $1.16B | $635.13M | $478.11M | $427.35M | $392.08M | $318.15M | $305.09M | $256.86M | $172.72M | $257.84M | $188.18M | $162.13M | $133.91M | $109.76M | $248.66M | $134.67M | $125.03M |
| Long-Term Liabilities | |||||||||||||||||||||
| Long-Term Debt | $2.09B | $3B | $3.93B | $1.14B | $583.01M | $576.92M | $44.75M | $48.25M | $51.74M | $10.49M | $14.1M | $17.77M | $137.04M | $28.57M | $116.29M | $103.08M | $116.44M | $146.36M | $5.49M | $31.87M | $47.88M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $251.95M | $0 | $0 | $108.97M | $0 | $0 | $104.15M | $96.78M | $87.49M | $70.42M | $30.15M | $23.91M | $22.3M | $17.99M | $16.68M | $15.72M | $51.45M | $51.81M |
| Long-Term Deferred Tax Liabilities | $457.42M | $400.75M | $435.66M | $199.48M | $140.78M | $110.29M | $41.79M | $43.8M | $48.09M | $32.2M | $33.77M | $31.12M | $39M | $32.9M | $33.49M | $38.27M | $38.76M | $40.96M | $40.75M | $15.01M | $14.54M |
| Other Long-Term Liabilities | $57.73M | $146.12M | $141.75M | $112K | $525.67M | $509.73M | $146.99M | $52.99M | $77.13M | $32.2M | $130.55M | $0 | $36.12M | $41.05M | $1.78M | $97K | $187K | $274K | $358K | $175K | $360K |
| Total Long-Term Liabilities | $2.77B | $3.69B | $4.61B | $1.7B | $1.32B | $1.14B | $241.04M | $161.79M | $194.68M | $165.5M | $163.6M | $155.14M | $262.92M | $143.97M | $175.47M | $163.74M | $173.38M | $204.28M | $62.32M | $98.5M | $114.59M |
| Other Liabilities | $0 | $0 | $11.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.35B | $4.74B | $5.67B | $2.85B | $2.48B | $1.77B | $719.16M | $589.15M | $586.76M | $483.65M | $468.69M | $411.99M | $435.65M | $401.81M | $363.65M | $325.87M | $307.29M | $314.04M | $310.99M | $233.17M | $239.62M |
| Stockholders' Equity | |||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $21.81M | $21.82M | $20.59M | $20.59M | $20.63M | $20.63M | $20.63M | $20.63M | $20.63M | $20.23M | $17.19M | $17.18M | $11.63M | $11.63M | $11.62M | $11.61M | $11.58M | $11.55M | $11.53M | $19.07M | $19.07M |
| Retained Earnings | $3.02B | $2.85B | $2.67B | $2.44B | $1.57B | $1.35B | $1.02B | $879.86M | $695.97M | $568.79M | $437.28M | $315.58M | $211.62M | $159.79M | $117.67M | $85.58M | $49.27M | $23.6M | $15.94M | $72.61M | $49.58M |
| Comprehensive Income & Other | $1.53B | $1.65B | $256.09M | $281.83M | $281.72M | $235.41M | $0 | $267.97M | $10.48M | $20.27M | $288.82M | $265.84M | $300.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $1.53B | $1.59B | $256.09M | $281.83M | $259.03M | $259.03M | $259.03M | $259.03M | $259.03M | $259.03M | $263.18M | $262.97M | $311.91M | $311.9M | $311.48M | $311.25M | $379.06M | $378.55M | $378.38M | $97.32M | $97.32M |
| Total Equity | $4.57B | $4.46B | $2.95B | $2.74B | $1.85B | $1.63B | $1.3B | $1.16B | $975.62M | $848.06M | $717.64M | $595.74M | $535.17M | $483.32M | $440.77M | $408.44M | $439.91M | $413.7M | $405.85M | $189M | $165.98M |
| Minority Interest | $39.81M | $41.62M | $39.49M | $72.61M | $86.55M | $25.59M | $21.08M | $9.48M | $8.31M | $6.21M | $6.46M | $6.75M | $3.91M | $3.05M | $1.85M | $0 | $0 | $2.1M | $0 | $0 | $0 |
| Total Liabilities and Equity | $8.93B | $9.2B | $8.62B | $5.59B | $4.33B | $3.41B | $2.02B | $1.75B | $1.56B | $1.33B | $1.19B | $1.01B | $970.81M | $885.13M | $804.43M | $734.31M | $747.2M | $727.74M | $716.84M | $422.17M | $405.59M |
| Supplementary Data | |||||||||||||||||||||
| Total Debt | $2.91B | $3.21B | $4.12B | $1.27B | $699.83M | $656.49M | $151.42M | $167.41M | $178.64M | $114.48M | $132.31M | $118.57M | $185.23M | $158.3M | $164.4M | $148.15M | $159.42M | $182.67M | $180.46M | $69.85M | $78.96M |
| Net Debt | $2.43B | $2.45B | $3.99B | $1.15B | $449.63M | $589.63M | $120.5M | $140.59M | $142.22M | $75.59M | $96.7M | $97.82M | $145.39M | $127.19M | $112.01M | $114.96M | $98.05M | $167.88M | $172.11M | $60.85M | $67.93M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 |
| Operating Activities | |||||||||||||||||||||
| Net Income | $297.04M | $245.24M | $448.75M | $1.26B | $723.55M | $539.97M | $355.34M | $318.35M | $246.82M | $238.29M | $189.84M | $117.6M | $105.67M | $64.76M | $48.32M | $0 | $0 | $14.65M | $7.45M | $0 | $0 |
| Depreciation & Amortization | $355.76M | $337.54M | $265.83M | $203.29M | $158.37M | $113.77M | $82.08M | $68.15M | $56.7M | $50M | $44.59M | $39.78M | $34.19M | $28.94M | $27.39M | $25.71M | $25.38M | $23.38M | $17.07M | $21.49M | $20.68M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$1.01M | -$983K | -$1.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $1.01M | $983K | $1.09M | $831K | $1.57M | $1.87M | $3.06M | $512K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||
| Accounts Receivable | $47.98M | $42.85M | $181.36M | -$73.62M | -$97.7M | -$82.67M | $4.3M | -$24.17M | -$51.82M | -$50.58M | -$12.83M | -$17.1M | -$8.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$51.89M | $232.26M | $146.79M | -$243.79M | -$308.12M | -$131.24M | -$73.85M | -$72.68M | -$23.6M | -$26.21M | -$36.28M | -$12.37M | -$5.61M | -$21.24M | -$15.12M | -$2.9M | $15.56M | $5.98M | -$643K | -$3.62M | $1.37M |
| Accounts Payable | $0 | $0 | $0 | $73.62M | $97.7M | $82.67M | -$4.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$24.49M | $5.71M | -$114.79M | -$149.25M | $242.78M | $81.7M | $40.02M | $33.06M | -$34.51M | -$28.4M | -$6.27M | -$6.46M | -$9.55M | -$3.57M | -$666K | $6.02M | $14.63M | -$1.63M | $5.55M | -$2.22M | -$12.86M |
| Total Working Capital Change | -$28.41M | $280.82M | $213.36M | -$393.03M | -$163.07M | -$49.54M | -$33.83M | -$39.62M | -$58.1M | -$54.61M | -$42.55M | -$18.83M | -$15.16M | -$24.8M | -$15.78M | $3.13M | $30.19M | $4.34M | $4.91M | -$5.85M | -$11.49M |
| Other Non-Cash Items | -$22.03M | $48.33M | -$92.86M | -$389.9M | $59.8M | -$137.78M | -$56.62M | -$92.59M | -$49.98M | -$58.4M | -$32.13M | -$14.02M | -$23.88M | -$14.16M | $56.18M | $52.56M | $47.19M | $10.47M | -$305K | $42.21M | $39.87M |
| Net Cash from Operating | $602.36M | $911.93M | $835.07M | $685.04M | $778.65M | $466.4M | $346.97M | $254.29M | $195.44M | $175.27M | $159.75M | $124.54M | $100.81M | $54.74M | $67.79M | $81.4M | $102.77M | $52.84M | $29.11M | $57.86M | $49.06M |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | -$439.75M | -$380.17M | -$529.86M | -$481.76M | -$362.48M | -$178.1M | -$152.13M | -$197.51M | -$141.89M | -$89.18M | -$59.28M | -$52.66M | -$32.75M | -$43.39M | -$43.13M | -$18.67M | -$17.95M | -$22.63M | -$15.31M | -$34.91M | -$15.43M |
| Acquisitions | $0 | $0 | -$2.51B | -$576.85M | -$158.5M | -$526.53M | -$54.74M | $0 | -$76.19M | -$25.75M | -$60.29M | -$4.8M | -$50.45M | $6.1M | -$5.51M | $0 | $0 | -$8.84M | -$991K | $28K | -$390K |
| Purchases of Investments | -$5.03M | -$112K | $0 | $0 | -$362.48M | -$178.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$135K | -$17K | -$11K | -$470K | -$346K | -$18K | -$904K | -$110K |
| Sales of Investments | $0 | $0 | $0 | $0 | $362.48M | $178.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.4M | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$112K | -$9.17M | -$12.64M | $483K | $9.73M | -$1K | $1K | -$141.89M | -$89.18M | -$58.67M | -$47.57M | -$31.68M | $1.19M | -$4.61M | -$3.29M | -$3.84M | $55.24M | -$2.58M | -$7.47M | -$2.25M |
| Net Cash from Investing | -$444.78M | -$380.39M | -$3.05B | -$1.07B | -$520.49M | -$694.9M | -$206.87M | -$197.51M | -$218.08M | -$114.94M | -$118.96M | -$52.37M | -$82.13M | -$36.85M | -$46.82M | -$17.12M | -$16.43M | $29.82M | -$15.23M | -$35.03M | -$13.14M |
| Financing Activities | |||||||||||||||||||||
| Debt Repaid | $359.69M | $964.29M | -$2.6B | -$439.02M | $6.15M | -$335.04M | $66.95M | $11.17M | -$64.51M | $18.33M | -$3.74M | $68.52M | -$16.26M | $18.74M | -$13.88M | $11.43M | $23.29M | -$2.08M | -$6.4M | - | - |
| Common Stock Issuance | $224K | $1.34B | $1.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $196K | $161K | $11K | $431K | $241K | $829K | $546K | $185K | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$2.13M | $0 | -$3.58M | $0 | $0 | $0 | $0 | $0 | -$712K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$6.68M | $0 | $0 |
| Dividends Paid | -$75.04M | -$75.07M | -$148.46M | -$129.89M | -$70.15M | -$35.06M | -$58.79M | -$47.44M | -$43.31M | -$34.39M | -$22.34M | -$20.6M | -$18.88M | -$17.15M | -$15.42M | -$11.39M | -$5.68M | -$5.67M | $0 | -$9.73M | -$7.82M |
| Other Financing Activities | -$1.01M | -$198.92M | -$229.69M | -$58.63M | -$3.95M | -$38.11M | -$10.94M | -$8.07M | -$2.6M | -$2.62M | -$12.07M | -$5.25M | -$6.35M | -$2.92M | -$4.14M | -$70.31M | -$11.18M | -$12.69M | -$5.79M | -$15.36M | -$27.61M |
| Net Cash from Financing | -$435.27M | $94.99M | $2.22B | $246.92M | -$80.23M | $261.87M | -$136.67M | -$66.67M | $18.59M | -$56.05M | -$30.47M | -$94.21M | -$8.96M | -$38.37M | -$5.44M | -$92.3M | -$39.6M | $16.1M | -$7.29M | -$25.09M | -$35.43M |
| Forex Effect | $85.01M | $2.57M | -$336K | $8.95M | $5.4M | $1.98M | $669K | $300K | $1.58M | -$1.01M | $4.54M | $2.96M | -$997K | -$793K | $3.67M | -$168K | -$163K | $467K | -$1.47M | $225K | $3.02M |
| Net Change in Cash | -$192.68M | $629.1M | $10.63M | -$130.34M | $183.33M | $35.35M | $4.1M | -$9.6M | -$2.47M | $3.27M | $14.87M | -$19.09M | $8.72M | -$21.28M | $19.2M | -$28.18M | $46.57M | $6.45M | $5.13M | -$2.03M | $3.52M |
| Supplementary Data | |||||||||||||||||||||
| Operating Cash Flow | $602.36M | $911.93M | $835.07M | $685.04M | $778.65M | $466.4M | $346.97M | $254.29M | $195.44M | $175.27M | $159.75M | $124.54M | $100.81M | $54.74M | $67.79M | $81.4M | $102.77M | $52.84M | $29.11M | $57.86M | $49.06M |
| Capital Expenditure | -$439.75M | -$380.17M | -$529.86M | -$481.76M | -$362.48M | -$178.1M | -$152.13M | -$197.51M | -$141.89M | -$89.18M | -$59.28M | -$52.66M | -$32.75M | -$43.39M | -$43.13M | -$18.67M | -$17.95M | -$22.63M | -$15.31M | -$34.91M | -$15.43M |
| Free Cash Flow | $162.61M | $531.77M | $305.21M | $203.29M | $416.18M | $288.3M | $194.85M | $56.78M | $53.55M | $86.09M | $100.47M | $71.88M | $68.06M | $11.35M | $24.66M | $62.74M | $84.82M | $30.2M | $13.8M | $22.94M | $33.63M |
| Cash at Beginning | $669.22M | $130.45M | $119.82M | $250.16M | $66.86M | $31.51M | $26.82M | $36.42M | $38.89M | $35.61M | $20.75M | $39.83M | $31.11M | $52.39M | $33.18M | $61.37M | $14.79M | $8.35M | $3.22M | $11.03M | $7.51M |
| Cash at End | $476.54M | $759.55M | $130.45M | $119.82M | $250.19M | $66.86M | $30.93M | $26.82M | $36.42M | $38.89M | $35.61M | $20.75M | $39.83M | $31.11M | $52.39M | $33.18M | $61.37M | $14.79M | $8.35M | $9M | $11.03M |