Unibail-Rodamco SE/ADR (UNBLF)
Unibail-Rodamco-Westfield SE stands as a premier global leader in the development and management of distinctive "Flagship Destinations." As of September 30, 2020, its extensive portfolio held a valuation of €58.3 billion, with the vast majority (86%) comprising retail properties. The remaining assets were distributed among office spaces (7%), convention and exhibition centers (5%), and various service offerings (2%). The group currently owns and operates 89 shopping centers, 55 of which are prominent Flagship sites strategically positioned in vibrant urban hubs across Europe and the United States. These locations collectively welcome an impressive 1.2 billion visitors annually. Spanning 12 countries across two continents, Unibail-Rodamco-Westfield provides an unparalleled ecosystem for retailers and brand events, consistently delivering an exceptional and evolving customer experience. Supported by its 3,400 dedicated professionals and a robust history of expertise, the company is uniquely positioned to generate superior value and deliver world-class projects. A key differentiator is its "Better Places 2030" initiative, an ambitious program focused on creating superior environments that meet the highest environmental standards and foster more sustainable cities. Unibail-Rodamco-Westfield SE's stapled shares are publicly traded on Euronext Amsterdam and Euronext Paris (ticker: URW), alongside a secondary listing in Australia through Chess Depositary Interests. The Group further benefits from solid credit ratings: A- from Standard & Poor's and Baa1 from Moody's.
Industry: REIT - Retail
Unibail-Rodamco-Westfield SE
OTC:UNBLFReal Estate · REIT - Retail
+1.96%$102.14
Mkt Cap-
Float122.36M
O/S-
Inst Own-
SI<0.1%
Div Yield5.12%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.42B
Net Income$1.42B
Total Assets$55.59B
Free Cash Flow$1.29B
Debt & Equity
Debt 56%
Equity 44%
Total Debt$25.38B
Total Equity$19.81B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in UNBLF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$55.59B
Liabilities$31.31B
Accounts Receivable$1.07B
Accounts Payable$332.95M
Inventory$23.72M
PP&E (Net)$112.1M
Goodwill$700.59M
Intangible Assets$850.85M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 |
| Revenue | $3.42B | $3.64B | $3.42B | $3.3B | $2.18B | $1.11B | $3.78B | $3.06B | $2.33B | $2.27B | $2.21B | $2.17B | $1.98B | $1.93B | $1.64B | $1.66B | $1.65B | $1.59B | $983.98M | $548.1M | $528.52M | $583.57M |
| YoY Growth | -6.1% | 6.4% | 3.7% | 51.4% | 96.2% | -70.6% | 23.7% | 31.5% | 2.3% | 2.7% | 2.0% | 9.8% | 2.4% | 17.9% | -1.4% | 0.8% | 3.5% | 61.8% | 79.5% | 3.7% | -9.4% | - |
| Cost of Revenue | $1.21B | $1.35B | $1.32B | $1.25B | $1.21B | $1.3B | $1.4B | $837.2M | $465.31M | $466.43M | $505.59M | $448.86M | $402.66M | $392.92M | $22.94M | $254.08M | $241.33M | $231.7M | $127.66M | $88.5M | $80.22M | $92.41M |
| Gross Profit | $2.21B | $2.29B | $2.11B | $2.05B | $969.33M | -$188.41M | $2.38B | $2.22B | $1.86B | $1.81B | $1.71B | $1.72B | $1.57B | $1.54B | $1.61B | $1.41B | $1.41B | $1.36B | $856.33M | $459.6M | $448.3M | $491.15M |
| Gross Margin | 64.6% | 62.8% | 61.5% | 62.1% | 44.4% | -16.9% | 62.9% | 72.6% | 80.0% | 79.5% | 77.2% | 79.3% | 79.6% | 79.6% | 98.6% | 84.7% | 85.4% | 85.4% | 87.0% | 83.9% | 84.8% | 84.2% |
| Research and Development | $0 | $0 | $0 | $0 | $112K | $0 | $19.47M | $2.35M | $4.03M | $6.6M | $5.03M | $4.59M | $4.48M | $5.03M | $5.82M | $8.06M | $7.27M | $6.38M | $4.92M | $0 | $0 | $0 |
| Selling, General, and Administrative | $191.54M | $200.94M | $222.98M | $235.4M | $202.06M | $232.04M | $214.25M | $158.2M | $131.24M | $130.68M | $116.36M | $97.45M | $90.06M | $92.75M | $90.73M | $106.51M | $106.62M | $111.1M | $67.46M | $33.45M | $26.07M | $26.07M |
| Other | -$842.57M | $1.2B | $2.97B | $1.21B | $1.29B | $7.36B | $2.24M | $141M | $115.41M | $114.97M | -$121.39M | $0 | $0 | $0 | $0 | -$136.72M | -$3B | -$2.29B | -$1.62B | -$386.43M | -$74.96M | -$76.3M |
| Total Operating Expenses | -$651.03M | $1.4B | $3.19B | $1.44B | $1.49B | $7.59B | $235.95M | $162.67M | $137.72M | $139.74M | $123.85M | $104.5M | $97M | $100.36M | $256.99M | -$1.95B | -$57.17M | -$96.22M | -$131.01M | -$1.92B | -$1.27B | -$588.71M |
| Operating Income (EBIT) | $2.86B | $884.75M | -$1.08B | $609.75M | -$521.03M | -$7.78B | $874.68M | $2.21B | $3.25B | $4.02B | $3.63B | $3.19B | $2.06B | $2.79B | $2.37B | $3.35B | $1.46B | $1.43B | $1.21B | $2.49B | $1.87B | $1.15B |
| Operating Margin | 83.6% | 24.3% | -31.7% | 18.5% | -23.9% | -700.1% | 23.1% | 72.3% | 139.8% | 176.7% | 164.2% | 147.1% | 104.1% | 144.7% | 144.5% | 201.7% | 88.8% | 90.0% | 123.0% | 454.7% | 353.9% | 197.5% |
| Interest Expense | $929.61M | $1.24B | $1.11B | $804.86M | $758.32M | $758.1M | $749.48M | $561.75M | $388.34M | $384.42M | $431.52M | $488.92M | $458.04M | $468.78M | $428.5M | $391.69M | $403.33M | $457.81M | $251.73M | $148.8M | $173.97M | $150.7M |
| Interest Income | $430.07M | $718.16M | $625.74M | $265.94M | $234.16M | $275.45M | $307.33M | $186.73M | $158.87M | $117.47M | $120.16M | $131.79M | $124.75M | $120.27M | $91.63M | $90.85M | $87.71M | $149.92M | $76.41M | $49.56M | $44.42M | $32M |
| Other Income (Expense) | -$769.96M | -$447.3M | -$897.73M | -$216.82M | -$624.85M | -$1.12B | $0 | -$695.11M | -$254.97M | -$548.1M | -$365.4M | -$748.48M | -$291.45M | $459.27M | $461.17M | $1.59B | -$3.34B | -$2.73B | $125.31M | $239.87M | $7.61M | -$76.41M |
| Income Before Tax (EBT) | $2.09B | $437.45M | -$1.98B | $392.92M | -$1.15B | -$8.9B | $44.86M | $1.52B | $3.13B | $3.47B | $3.27B | $2.44B | $1.77B | $2.04B | $1.84B | $2.92B | -$1.88B | -$1.3B | $1.34B | $2.68B | $1.77B | $1.08B |
| Income Tax Expense | $404.45M | $126.2M | $8.28M | $70.15M | -$36.81M | -$314.49M | -$1.19B | $127.1M | $83.01M | $316.84M | $322.55M | $201.38M | $40.28M | $152.16M | $135.26M | $135.37M | -$128.1M | -$42.63M | $59.74M | $21.7M | $61.98M | $30.54M |
| Net Income | $1.42B | $163.57M | -$1.82B | $199.37M | -$1.09B | -$8.07B | $1.23B | $1.15B | $2.73B | $2.7B | $2.61B | $1.87B | $1.44B | $1.63B | $1.49B | $2.78B | -$1.75B | -$1.26B | $1.28B | $2.39B | $1.55B | $923.68M |
| Net Income Margin | 41.5% | 4.5% | -53.2% | 6.0% | -49.9% | -725.8% | 32.6% | 37.7% | 117.4% | 118.6% | 118.0% | 86.1% | 73.1% | 84.5% | 90.8% | 167.4% | -106.4% | -79.0% | 129.7% | 436.8% | 293.2% | 158.3% |
| Supplementary Data | ||||||||||||||||||||||
| EPS | 8.86 | 1.05 | -11.72 | 1.28 | -7.02 | -52.10 | 7.97 | 8.42 | 24.46 | 24.30 | 23.70 | 17.10 | 13.40 | 15.80 | 14.42 | 23.91 | -18.29 | -13.74 | 14.79 | 46.62 | 30.45 | 1851.00 |
| Diluted EPS | 8.72 | 1.04 | -11.72 | 1.28 | -7.02 | -52.10 | 7.91 | 8.18 | 23.44 | 23.10 | 23.40 | 16.60 | 13.30 | 15.80 | 13.73 | 23.82 | -17.18 | -12.28 | 13.64 | 45.93 | 30.07 | 1824.00 |
| Weighted Average OS | 143.13M | 140.59M | 138.97M | 138.72M | 138.55M | 138.44M | 138.35M | 122.41M | 99.74M | 99.15M | 98.49M | 97.81M | 96.46M | 92.36M | 91.85M | 91.48M | 85.66M | 81.82M | 63.90M | 45.90M | 45.50M | 44.61M |
| EBITDA | $3.05B | $1.82B | -$813.7M | $1.21B | $824.24M | -$341.12M | $825.79M | $2.06B | $2.06B | $3.86B | $3.7B | $2.97B | $1.58B | $1.41B | $2.28B | $3.36B | -$1.42B | $1.5B | $3.08B | $2.84B | $1.92B | $1.23B |
| EBITDA Margin | 89.1% | 50.0% | -23.8% | 36.8% | 37.8% | -30.7% | 21.8% | 67.4% | 88.7% | 169.6% | 167.3% | 136.8% | 79.9% | 73.1% | 139.3% | 202.3% | -86.3% | 94.4% | 313.3% | 517.6% | 363.5% | 210.8% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 |
| Assets | ||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||
| Cash and Cash Equivalents | $3B | $5.92B | $6.16B | $3.72B | $2.52B | $2.39B | $546.87M | $413.84M | $642.97M | $447.63M | $383.3M | $929.83M | $116.02M | $73.06M | $89.5M | $82.68M | $77.2M | $146.67M | $125.08M | $36.14M | $25.06M | $205.19M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.3M | $219.06M | $30.88M | $5.15M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $3B | $5.92B | $6.16B | $3.72B | $2.52B | $2.39B | $546.87M | $413.84M | $642.97M | $447.63M | $383.3M | $929.83M | $116.02M | $73.06M | $89.5M | $93.98M | $296.26M | $177.55M | $130.23M | $36.14M | $25.06M | $205.19M |
| Accounts Receivable | $1.07B | $965.08M | $566.67M | $519.01M | $595.76M | $603.48M | $968.21M | $616.01M | $829.48M | $412.84M | $909.14M | $664.34M | $385.09M | $711.78M | $493.5M | $807.77M | $499.32M | $496.52M | $760.34M | $0 | $0 | $0 |
| Inventory | $23.72M | $19.69M | $39.49M | $49.67M | $41.84M | $35.8M | $102.03M | $106.51M | $0 | -$895K | $300.73M | $687.06M | $211.01M | $0 | $0 | $0 | $0 | $0 | $35.13M | $31.44M | $15.44M | $0 |
| Other Current Assets | $349.4M | $1.07B | $1.02B | $1.39B | $1.67B | $3.22B | $2.74B | $775.33M | $670.16M | $809.12M | $112K | $1.22B | $799.27M | $748.81M | $200.49M | $1.86B | $598.67M | $453.9M | $1.48B | $571.26M | $517M | $378.04M |
| Total Current Assets | $4.45B | $7.97B | $7.78B | $4.99B | $4.17B | $4.92B | $4.36B | $1.91B | $1.78B | $1.38B | $1.65B | $2.55B | $1.33B | $865.5M | $1.09B | $2.01B | $1.43B | $1.2B | $1.91B | $681.91M | $596.99M | $690.41M |
| Long-Term Assets | ||||||||||||||||||||||
| Property, Plant & Equipment Net | $112.1M | $127.99M | $41.88B | $153.61M | $163.23M | $312.37M | $385.54M | $327.03M | $241.88M | $245.91M | $242M | $241.33M | $227.23M | $224.32M | $221.97M | $24.99B | $22.55B | $1.05B | $1.23B | $279.03M | $506.48M | $502.9M |
| Goodwill | $700.59M | $901.75M | $945.61M | $1.21B | $1.21B | $1.4B | $3.22B | $3.2B | $584.46M | $604.04M | $607.28M | $605.49M | $301.4M | $301.4M | $0 | $297.15M | $246.58M | $361.15M | $468.44M | $188.18M | $170.39M | $11.64M |
| Intangible Assets | $850.85M | $940.02M | $928.16M | $917.98M | $945.16M | $980.52M | $1.1B | $1.45B | $192.55M | $256.65M | $270.86M | $265.71M | $243.34M | $230.58M | $493.5M | $191.09M | $220.85M | $208.32M | $338.33M | $344.25M | $299.61M | $86.6M |
| Long-Term Investments | $49.44B | $8.15B | $8.1B | $10.21B | $10.18B | $10.63B | $63.63B | $11.83B | $45.56B | $1.94B | $2.07B | $1.96B | $34.08B | $31.46B | $27.65B | $214.03M | $82.57M | $330.27M | $94.54M | $0 | $0 | $0 |
| Deferred Tax Assets | $15.89M | $13.54M | $27.3M | $26.63M | $24.95M | $29.65M | $31.77M | $30.1M | $24.5M | $26.85M | $35.35M | $16M | $9.73M | $5.59M | $6.71M | $11.19M | $52.02M | $58.63M | $50.35M | $0 | $0 | $0 |
| Other Long-Term Assets | $18.53M | $41.8B | $307.78M | $43.63B | $44.75B | $45.81B | -$224K | $53.44B | $336K | $41.13B | $37.76B | $34.15B | -$112K | -$224K | $236.29M | $223.54M | $791.89M | $24.67B | $24.49B | $10.64B | $8.13B | $6.96B |
| Total Long-Term Assets | $51.14B | $51.94B | $52.16B | $56.14B | $57.27B | $59.16B | $68.37B | $70.28B | $46.6B | $44.2B | $40.99B | $37.24B | $34.86B | $32.22B | $28.45B | $25.93B | $23.94B | $26.68B | $26.67B | $11.45B | $9.11B | $7.56B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $112K | $0 | $0 | -$112K | -$112K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $55.59B | $59.91B | $59.94B | $61.13B | $61.44B | $64.08B | $72.73B | $72.19B | $48.38B | $45.59B | $42.64B | $39.8B | $36.19B | $33.08B | $29.54B | $27.94B | $25.37B | $27.89B | $28.58B | $12.13B | $9.71B | $8.25B |
| Liabilities | ||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||
| Accounts Payable | $332.95M | $268.62M | $274.11M | $269.07M | $256.21M | $236.96M | $257.88M | $232.04M | $209.78M | $168.27M | $181.47M | $209.89M | $137.28M | $139.18M | $131.24M | $132.8M | $301.4M | $316.96M | $300.96M | $343.81M | $268.85M | $224.54M |
| Short-Term Debt | $1.23B | $3.54B | $2.05B | $811.91M | $1.76B | $3.01B | $2.89B | $4.39B | $2.58B | $2.24B | $2.74B | $1.44B | $1.88B | $2.5B | $2.58B | $2.76B | $0 | $176.43M | $172.18M | $749.04M | $1.06B | $378.71M |
| Current Income Tax Payable | $0 | $0 | $565.22M | $572.83M | $506.93M | $527.63M | $585.13M | $451.32M | $235.51M | $200.38M | $172.07M | $193.33M | $162.67M | $163.79M | $0 | $138.28M | $120.83M | $136.27M | $165.47M | $105.73M | $232.71M | $149.02M |
| Current Unearned Revenue | $0 | $0 | $0 | $1.63B | $1.69B | $2.3B | $2.04B | $1.91B | $1.17B | $1.28B | $1.03B | $1.17B | $1.23B | $1.13B | $231.03M | $2.51B | $0 | $1.24B | $2.12B | $0 | $0 | $0 |
| Other Current Liabilities | $967.31M | $818.29M | $312.82M | $230.7M | $239.76M | -$174.2M | $2.24B | $159.54M | $1.35B | $1.51B | $1.26B | $2.24M | $1.07B | $207.31M | $230.36M | $253.52M | $1.73B | $1.52B | $2.5B | $296.48M | $281.94M | $48.44M |
| Total Current Liabilities | $3.5B | $5.79B | $4.29B | $3B | $3.98B | $5.4B | $5.44B | $6.7B | $4.14B | $3.93B | $4.19B | $2.83B | $3.25B | $3.76B | $3.6B | $3.35B | $2.15B | $2.15B | $3.13B | $1.5B | $1.85B | $2.14B |
| Long-Term Liabilities | ||||||||||||||||||||||
| Long-Term Debt | $23.52B | $26.2B | $28.06B | $27.72B | $27.72B | $27.76B | $26.33B | $24.16B | $15.56B | $14.85B | $14.11B | $15.01B | $12.97B | $10.59B | $9.3B | $9.06B | $7.97B | $8.4B | $6.47B | $2.5B | $2.21B | $2.13B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $1.39B | $1.42B | $0 | $243.9M | $258.67M | $250.5M | $232.82M | $225.33M | $219.28M | $235.4M | $215.03M | $602.25M | $354.77M | $332.06M | $250.83M | $83.69M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $2.32B | $2.09B | $1.99B | $2.05B | $2.12B | $2.25B | $2.55B | $4.25B | $1.96B | $1.89B | $1.64B | $1.31B | $1.13B | $1.14B | $1.08B | $951.54M | $757.65M | $1.02B | $1.08B | $220.18M | $208.77M | $87.04M |
| Other Long-Term Liabilities | $1.35B | $1.29B | $1.33B | $345.37M | $330.61M | $2.29B | $1.63B | $4.94B | $684.59M | $764.14M | $546.76M | $1.07B | $697.24M | $1.07B | $215.59M | $675.42M | $250.05M | $232.71M | $1.48B | $265.49M | $219.96M | $258.11M |
| Total Long-Term Liabilities | $27.81B | $30.58B | $32.42B | $32.45B | $32.43B | $33.18B | $31.65B | $29.54B | $18.85B | $18.14B | $16.92B | $18.02B | $15.17B | $13.12B | $11.33B | $10.75B | $9.31B | $9.9B | $9.11B | $2.99B | $2.64B | $2.47B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $31.31B | $36.37B | $36.71B | $35.45B | $36.41B | $38.58B | $37.09B | $36.23B | $22.99B | $22.07B | $21.11B | $20.85B | $18.42B | $16.88B | $14.93B | $14.1B | $11.46B | $12.05B | $12.24B | $4.48B | $4.49B | $4.61B |
| 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 | $0 |
| Common Stock | $801.96M | $797.82M | $777.79M | $776.22M | $775.33M | $774.66M | $774.1M | $773.54M | $558.62M | $556.04M | $552.13M | $548.55M | $544.18M | $530.87M | $513.53M | $513.19M | $510.62M | $455.69M | $457.37M | $258.11M | $255.87M | $253.74M |
| Retained Earnings | $1.42B | $163.57M | -$1.82B | $199.37M | -$1.09B | -$8.07B | $1.23B | $1.15B | $2.73B | $2.7B | $2.61B | $1.87B | $1.44B | $1.63B | $6.14B | $2.45B | $0 | -$1.18B | $2.24B | $2.79B | $1.9B | $958.81M |
| Comprehensive Income & Other | $3B | $3.83B | $5.2B | $5.39B | $6.39B | $13.9B | $0 | $12.29B | $10.63B | $9.12B | $7.61B | $6.86B | $6.47B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $17.58B | $18.81B | $20.3B | $20.48B | $21.48B | $28.98B | $29.25B | $29.58B | $17.88B | $16.29B | $14.78B | $13.83B | $13.34B | $12.27B | $6.36B | $9.37B | $12.15B | $15.14B | $12.48B | $3.72B | $2.4B | $1.93B |
| Total Equity | $19.81B | $19.77B | $19.25B | $21.46B | $21.16B | $21.68B | $31.26B | $31.51B | $21.16B | $19.54B | $17.95B | $16.24B | $15.33B | $14.44B | $13.02B | $12.33B | $12.66B | $14.42B | $15.18B | $6.77B | $4.56B | $3.14B |
| Minority Interest | $4.47B | $3.77B | $3.98B | $4.22B | $3.87B | $3.82B | $4.38B | $4.45B | $4.23B | $3.98B | $3.58B | $2.7B | $2.44B | $1.77B | $1.59B | $1.51B | $1.25B | $1.41B | $1.15B | $873.89M | $662.67M | $501.89M |
| Total Liabilities and Equity | $51.12B | $56.14B | $55.96B | $56.91B | $57.57B | $60.26B | $68.35B | $67.74B | $44.15B | $41.61B | $39.06B | $37.1B | $33.75B | $31.31B | $27.95B | $26.44B | $24.12B | $26.47B | $27.43B | $11.26B | $9.05B | $7.75B |
| Supplementary Data | ||||||||||||||||||||||
| Total Debt | $25.38B | $30.83B | $31.21B | $29.54B | $30.36B | $31.69B | $30.14B | $28.4B | $17.09B | $16.07B | $15.89B | $16.01B | $14.16B | $12.6B | $12.47B | $8.19B | $7.97B | $8.58B | $6.64B | $3.25B | $3.27B | $2.5B |
| Net Debt | $22.38B | $24.92B | $25.05B | $25.81B | $27.83B | $29.3B | $29.59B | $27.99B | $16.44B | $15.63B | $15.5B | $15.08B | $14.04B | $12.52B | $12.38B | $8.11B | $7.9B | $8.43B | $6.52B | $3.22B | $3.25B | $2.3B |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 |
| Operating Activities | ||||||||||||||||||||||
| Net Income | $1.69B | $311.25M | -$1.82B | $322.77M | -$1.11B | -$8.07B | $1.24B | $1.39B | $3.05B | $3.15B | $2.95B | $2.24B | $1.73B | $1.88B | $1.7B | $0 | -$1.75B | $0 | $0 | $2.68B | $1.77B | $1.08B |
| Depreciation & Amortization | $29.98M | $142.76M | $55.16M | $16.89M | $93.78M | $81.67M | $31.44M | -$33.34M | -$8.84M | -$112K | $25.62M | $35.58M | $21.03M | $18.01M | $20.25M | $52.58M | $55.94M | $55.16M | $1.49B | $10.74M | -$4.36M | -$6.94M |
| Deferred Income Tax | $0 | $0 | $0 | $1.69B | $2.25B | $0 | $521.36M | $246.7M | -$1.64B | -$1.76B | -$1.71B | -$1B | -$579.2M | -$826.68M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $27.41M | $26.63M | $21.15M | $19.91M | $13.98M | $14.32M | $15.44M | $27.07M | $10.29M | $10.96M | $8.73M | $8.84M | $7.94M | $7.94M | $7.72M | $8.39M | $6.49M | $6.82M | $6.15M | $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 |
| Inventory | $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 |
| Other Working Capital | -$31.21M | -$104.38M | -$48.78M | $144.77M | $240.77M | $1.23M | -$132.02M | -$116.36M | $559K | $52.25M | $14.99M | $119.49M | -$87.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$31.21M | -$104.38M | -$48.78M | $144.77M | $240.77M | $1.23M | -$132.02M | -$116.36M | $559K | $52.25M | -$24.28M | $119.49M | -$87.49M | $38.6M | -$18.57M | -$1.79M | $81M | -$139.18M | -$144.55M | -$74.18M | $270.08M | -$109.64M |
| Other Non-Cash Items | $577.19M | $2.07B | $4.1B | $530.31M | $437.88M | $9.56B | $438.23M | $492.61M | -$1.38B | -$1.47B | -$1.37B | -$628.65M | -$223.76M | -$459.6M | -$347.5M | $1.31B | $3.07B | $1.24B | -$677.66M | -$2.32B | -$1.44B | -$717.15M |
| Net Cash from Operating | $2.29B | $2.45B | $2.3B | $2.73B | $1.93B | $1.59B | $2.11B | $2.01B | $1.66B | $1.74B | $1.58B | $1.78B | $1.44B | $1.49B | $1.36B | $1.37B | $1.46B | $1.16B | $678.89M | $293.01M | $596.32M | $242.22M |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditures | -$1B | -$1.46B | -$1.32B | -$1.01B | -$994.5M | $0 | -$635.7M | -$624.63M | -$867.85M | -$470.34M | -$968.55M | -$710.33M | -$1.64B | -$1.3B | -$1.52B | -$922.9M | -$895.04M | -$2.92B | -$2.04B | $0 | $0 | $0 |
| Acquisitions | -$69.59M | -$77.09M | -$81.22M | $821.31M | $924.69M | -$78.43M | $286.08M | -$4.1B | $40.16M | $20.14M | $390.57M | $579.65M | $51.24M | -$365.62M | -$399.52M | -$534.67M | -$97.67M | -$165.36M | $179.34M | $144.66M | -$106.62M | $443.49M |
| Purchases of Investments | -$11.3M | -$24.05M | -$10.52M | -$19.24M | -$11.3M | $0 | -$37.03M | -$12.98M | -$11.41M | -$12.64M | -$7.27M | -$6.27M | -$2.24M | -$5.48M | $936.77M | -$1.23M | $786.18M | $1.5B | $216.49M | $0 | $0 | $0 |
| Sales of Investments | $1.02B | $488.47M | $254.08M | $1.12M | $6.6M | $0 | $16.33M | $10.63M | $2.8M | $2.01M | $3.36M | $2.91M | $2.24M | $29.09M | $563.2M | $448K | $19.58M | $1.57M | $1.23M | $559K | $783K | $2.8M |
| Other Investing Activities | $786.4M | $475.49M | $273.55M | $523.26M | $769.06M | $169.95M | -$95.88M | -$56.05M | -$1.18B | -$442.37M | -$970M | -$711.67M | -$1.65B | -$1.31B | $936.1M | $1.62B | $783.5M | $2.27B | $1.03B | -$219.4M | -$80.44M | -$125.42M |
| Net Cash from Investing | $728M | -$600.91M | -$885.42M | $314.16M | $694.55M | $91.52M | -$466.2M | -$4.78B | -$1.15B | -$432.86M | -$583.34M | -$135.37M | -$1.6B | -$1.65B | -$415.3M | $165.69M | -$189.64M | -$817.62M | -$834.74M | -$74.18M | -$186.28M | $320.87M |
| Financing Activities | ||||||||||||||||||||||
| Debt Repaid | $4.34B | $1.08B | -$1.83B | $1.09B | $1.8B | -$1.78B | -$986.33M | -$2.04B | -$1.06B | -$231.7M | $430.74M | -$572.15M | -$1.42B | -$1.22B | -$388.78M | -$1.61B | $270.97M | -$767.5M | -$982.31M | $9.62M | -$784.61M | $647.79M |
| Common Stock Issuance | $22.38M | $5.82M | $5.71M | $5.15M | $4.03M | $0 | $8.39M | $14.99M | $87.15M | $106.73M | $92.97M | $105.39M | $131.46M | $147.23M | $21.59M | $42.85M | $33.56M | $17.45M | $21.48M | $21.7M | $18.01M | $45.98M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | -$895K | $0 | $0 | -$8.17M | $0 | $0 | $0 | $0 | $0 | -$19.36M | $0 | $0 | -$64.22M | -$28.75M | $0 | $0 | -$11.86M |
| Dividends Paid | -$560.74M | -$389.23M | -$65.67M | -$53.81M | -$53.81M | -$890.01M | -$1.67B | -$1.21B | -$1.14B | -$1.08B | -$1.06B | -$974.92M | -$683.03M | -$822.77M | -$822.54M | -$2.87B | -$571.59M | -$719.84M | -$484.55M | -$213.47M | -$1.36B | -$220.85M |
| Other Financing Activities | -$1.01B | -$645.44M | -$806.77M | -$650.02M | -$610.31M | -$754.07M | -$383.52M | $1.67B | -$332.28M | -$473.03M | -$182.92M | -$503.8M | -$645.88M | -$405.12M | -$172.85M | -$522.48M | -$55.04M | -$312.37M | -$233.27M | -$2.35M | -$10.18M | $21.59M |
| Net Cash from Financing | -$5.89B | -$2.11B | $968.21M | -$1.84B | -$2.51B | $130.34M | -$1.06B | $2.52B | -$328.26M | -$1.21B | -$1.58B | -$801.17M | $219.28M | $143.65M | -$944.27M | -$1.74B | -$1.12B | -$311.47M | $257.21M | -$203.73M | -$571.48M | -$812.92M |
| Forex Effect | -$44.98M | $17.45M | $49.67M | $8.17M | $15.33M | $22.82M | -$8.06M | $31.44M | $1.68M | -$13.31M | $11.3M | -$20.59M | -$671K | -$783K | -$1.34M | -$1.12M | -$224K | -$1.34M | $3.58M | $0 | $0 | $0 |
| Net Change in Cash | -$2.92B | -$238.98M | $2.43B | $1.21B | $125.19M | $1.84B | $131.24M | -$220.4M | $189.86M | $84.92M | -$567.79M | $819.86M | $63.32M | -$19.24M | $2.91M | -$207.54M | $148.46M | $29.98M | $104.94M | $15.1M | -$161.44M | -$249.72M |
| Supplementary Data | ||||||||||||||||||||||
| Operating Cash Flow | $2.29B | $2.45B | $2.3B | $2.73B | $1.93B | $1.59B | $2.11B | $2.01B | $1.66B | $1.74B | $1.58B | $1.78B | $1.44B | $1.49B | $1.36B | $1.37B | $1.46B | $1.16B | $678.89M | $293.01M | $596.32M | $242.22M |
| Capital Expenditure | -$1B | -$1.46B | -$1.32B | -$1.01B | -$994.5M | -$1.3B | -$635.7M | -$624.63M | -$867.85M | -$470.34M | -$968.55M | -$710.33M | -$1.64B | -$1.3B | -$1.52B | -$922.9M | -$895.04M | -$2.92B | -$2.04B | $0 | $0 | $0 |
| Free Cash Flow | $1.29B | $986.67M | $979.51M | $1.71B | $930.51M | $1.59B | $1.48B | $1.38B | $795.24M | $1.27B | $615.23M | $1.07B | -$197.47M | $189.41M | -$151.26M | $444.39M | $560.97M | -$1.76B | -$1.36B | $293.01M | $596.32M | $242.22M |
| Cash at Beginning | $5.91B | $6.15B | $3.72B | $2.51B | $2.38B | $543.74M | $412.5M | $632.91M | $443.04M | $358.13M | $925.92M | $106.06M | $42.74M | $82.23M | $79.32M | $286.86M | $138.4M | $108.41M | $3.47M | -$11.64M | $149.81M | $399.52M |
| Cash at End | $2.99B | $5.91B | $6.15B | $3.72B | $2.51B | $2.38B | $543.74M | $412.5M | $632.91M | $443.04M | $358.13M | $925.92M | $106.06M | $62.99M | $82.23M | $79.32M | $286.86M | $138.4M | $108.41M | $3.47M | -$11.64M | $149.81M |