Cash flow Air Liquide

Stocks

AI

FR0000120073

Commodity Chemicals

Real-time Euronext Paris Other stock markets 04:36:39 16/07/2026 pm IST			5-day change	1st Jan Change
175.44 ^EUR	+0.17%		+1.43%	+20.42%

01:12pm	Air Liquide is betting on Arizona to support the boom in electronic chips
01:12pm	Air Liquide Plans $160 Million Purity Gases Production Facility in US	MT

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Published financial data: AIR LIQUIDE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.33TCr	2.99TCr	2.76TCr	2.71TCr	2.69TCr
Total Revenues	2.33TCr	2.99TCr	2.76TCr	2.71TCr	2.69TCr
Cost of Goods Sold, Total	938.87Cr	1.38TCr	1.11TCr	1TCr	965.12Cr
Gross Profit	1.39TCr	1.61TCr	1.65TCr	1.7TCr	1.73TCr
Selling General & Admin Expenses, Total	436.91Cr	497.26Cr	513.46Cr	519.91Cr	508.84Cr
Stock-Based Compensation (IS)	-	-	-	-	-
Depreciation & Amortization - (IS)	217.25Cr	246.59Cr	248.2Cr	250.51Cr	256.35Cr
Other Operating Expenses	347.72Cr	407.42Cr	404.52Cr	422.14Cr	440.28Cr
Other Operating Expenses, Total	1TCr	1.15TCr	1.17TCr	1.19TCr	1.21TCr
Operating Income	392.73Cr	460.83Cr	479.9Cr	512.4Cr	523.43Cr
Interest Expense, Total	-32Cr	-36Cr	-37Cr	-38Cr	-36Cr
Interest And Investment Income	1.22Cr	3.3Cr	6.94Cr	7.5Cr	6.9Cr
Net Interest Expenses	-31Cr	-32Cr	-30Cr	-30Cr	-29Cr
Income (Loss) On Equity Invest.	54L	11L	49L	-7L	-76L
Other Non Operating Income (Expenses)	17Cr	6.16Cr	2.94Cr	15Cr	26Cr
EBT, Excl. Unusual Items	379.22Cr	434.7Cr	452.98Cr	496.53Cr	519.12Cr
Restructuring Charges	-6.22Cr	-7.18Cr	-15Cr	-22Cr	-20Cr
Merger & Related Restructuring Charges	-86L	-79L	-1.1Cr	-28L	-2.1Cr
Impairment of Goodwill	-15L	-	-	-	-
Gain (Loss) On Sale Of Assets	-2.75Cr	13Cr	13Cr	70L	-1.34Cr
Asset Writedown	-92L	-40Cr	-39Cr	-22Cr	-
Other Unusual Items	-7.65Cr	-9.49Cr	5.98Cr	-40L	-7.98Cr
EBT, Incl. Unusual Items	360.67Cr	390.62Cr	416.02Cr	452.65Cr	487.49Cr
Income Tax Expense	91Cr	100.23Cr	97Cr	108.65Cr	123.05Cr
Earnings From Continuing Operations	269.19Cr	290.39Cr	318.84Cr	344Cr	364.44Cr
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	269.19Cr	290.39Cr	318.84Cr	344Cr	364.44Cr
Minority Interest	-12Cr	-15Cr	-11Cr	-13Cr	-13Cr
Net Income - (IS)	257.22Cr	275.88Cr	307.8Cr	330.61Cr	351.79Cr
Net Income to Common Incl Extra Items	257.22Cr	275.88Cr	307.8Cr	330.61Cr	351.79Cr
Net Income to Common Excl. Extra Items	257.22Cr	275.88Cr	307.8Cr	330.61Cr	351.79Cr
Per Share Items
Net EPS - Basic	4.09	4.37	4.87	5.21	5.54
Basic EPS - Continuing Operations	4.09	4.37	4.87	5.21	5.54
Basic Weighted Average Shares Outstanding	63Cr	63Cr	63Cr	63Cr	63Cr
Net EPS - Diluted	4.07	4.36	4.85	5.2	5.53
Diluted EPS - Continuing Operations	4.07	4.36	4.85	5.2	5.53
Diluted Weighted Average Shares Outstanding	63Cr	63Cr	63Cr	64Cr	64Cr
Normalized Basic EPS	3.58	4.07	4.31	4.68	4.91
Normalized Diluted EPS	3.56	4.06	4.29	4.67	4.9
Dividend Per Share	2.18	2.44	2.64	3	3.36
Payout Ratio	51.89	51.13	51.37	51.97	55.57
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	582.08Cr	678.23Cr	698.8Cr	732.8Cr	749.89Cr
EBITA	404.99Cr	475.88Cr	494.97Cr	526.57Cr	537.27Cr
EBIT	392.73Cr	460.83Cr	479.9Cr	512.4Cr	523.43Cr
Effective Tax Rate - (Ratio)	25.36	25.66	23.36	24	25.24
Total Current Taxes	80Cr	90Cr	102.22Cr	112.89Cr	112.12Cr
Total Deferred Taxes	11Cr	10Cr	-5.04Cr	-4.24Cr	11Cr
Normalized Net Income	225.04Cr	257.18Cr	272.07Cr	296.94Cr	311.8Cr
Interest Capitalized	3.64Cr	4.94Cr	4.87Cr	6.7Cr	5.91Cr
Interest on Long-Term Debt	7.19Cr	8.5Cr	8.67Cr	11Cr	11Cr
Non-Cash Pension Expense	50L	47L	2.91Cr	3.13Cr	2.96Cr
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	30Cr	31Cr	31Cr	31Cr	30Cr
Stock-Based Comp., SG&A Exp. (Total)	4.05Cr	3.69Cr	3.96Cr	3.98Cr	4.32Cr
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	4.05Cr	3.69Cr	3.96Cr	3.98Cr	4.32Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	224.66Cr	191.14Cr	162.49Cr	191.53Cr	396.2Cr
Trading Asset Securities, Total	9L	5L	-2L	3L	-12L
Total Cash And Short Term Investments	224.75Cr	191.19Cr	162.47Cr	191.56Cr	396.08Cr
Accounts Receivable, Total	269.41Cr	303.48Cr	299.37Cr	299.67Cr	286.65Cr
Other Receivables	11Cr	20Cr	4.29Cr	9.67Cr	3.28Cr
Total Receivables	280.06Cr	323.11Cr	303.66Cr	309.34Cr	289.93Cr
Inventory	158.51Cr	196.1Cr	202.76Cr	218.96Cr	212.83Cr
Prepaid Expenses	13Cr	16Cr	17Cr	18Cr	16Cr
Other Current Assets, Total	82Cr	98Cr	77Cr	97Cr	121.63Cr
Total Current Assets	759.06Cr	823.82Cr	762.25Cr	834.74Cr	1.04TCr
Gross Property Plant And Equipment	4.78TCr	5.05TCr	5.17TCr	5.58TCr	5.48TCr
Accumulated Depreciation	-2.53TCr	-2.68TCr	-2.8TCr	-3.02TCr	-2.99TCr
Net Property Plant And Equipment	2.25TCr	2.36TCr	2.37TCr	2.55TCr	2.49TCr
Long-term Investments	55Cr	60Cr	51Cr	52Cr	43Cr
Goodwill	1.4TCr	1.46TCr	1.42TCr	1.5TCr	1.38TCr
Other Intangibles, Total	145.26Cr	181.14Cr	163.13Cr	169.15Cr	156.23Cr
Loans Receivable Long-Term	3.44Cr	7.5Cr	4.47Cr	3.99Cr	3.62Cr
Deferred Tax Assets Long-Term	24Cr	23Cr	23Cr	34Cr	30Cr
Other Long-Term Assets, Total	39Cr	32Cr	45Cr	42Cr	48Cr
Total Assets	4.68TCr	4.95TCr	4.83TCr	5.19TCr	5.19TCr
Liabilities
Accounts Payable, Total	293.45Cr	332.53Cr	280.7Cr	279.93Cr	251.84Cr
Accrued Expenses, Total	22Cr	28Cr	28Cr	22Cr	22Cr
Short-term Borrowings	11Cr	15Cr	22Cr	61Cr	28Cr
Current Portion of Long-Term Debt	208.13Cr	185.34Cr	206.4Cr	205.86Cr	206.32Cr
Current Portion of Leases	23Cr	23Cr	22Cr	24Cr	23Cr
Current Income Taxes Payable	28Cr	26Cr	24Cr	27Cr	21Cr
Unearned Revenue Current, Total	14Cr	15Cr	19Cr	-	-
Other Current Liabilities	244.83Cr	265.24Cr	282.5Cr	328.15Cr	331.19Cr
Total Current Liabilities	844.45Cr	889.62Cr	884.6Cr	948.41Cr	883.68Cr
Long-Term Debt	1.05TCr	1.02TCr	857.73Cr	840.55Cr	1TCr
Long-Term Leases	103.28Cr	105.22Cr	104.63Cr	113.38Cr	103.43Cr
Unearned Revenue Non Current	8.97Cr	11Cr	19Cr	33Cr	42Cr
Deferred Tax Liability Non Current	212.68Cr	246.54Cr	232.9Cr	252.71Cr	237.29Cr
Other Non Current Liabilities	257.61Cr	222.9Cr	230.37Cr	236.15Cr	225.58Cr
Total Liabilities	2.48TCr	2.49TCr	2.33TCr	2.42TCr	2.5TCr
Common Stock, Total	261.41Cr	287.9Cr	288.48Cr	318.04Cr	318.66Cr
Additional Paid In Capital	274.92Cr	234.9Cr	244.77Cr	206.41Cr	219.25Cr
Retained Earnings	1.71TCr	1.89TCr	2.05TCr	2.23TCr	2.4TCr
Treasury Stock	-12Cr	-12Cr	-15Cr	-22Cr	-18Cr
Comprehensive Income and Other	-91Cr	-23Cr	-135.37Cr	-43Cr	-302.89Cr
Total Common Equity	2.15TCr	2.37TCr	2.43TCr	2.69TCr	2.62TCr
Minority Interest	54Cr	84Cr	72Cr	76Cr	73Cr
Total Equity	2.2TCr	2.46TCr	2.5TCr	2.76TCr	2.69TCr
Total Liabilities And Equity	4.68TCr	4.95TCr	4.83TCr	5.19TCr	5.19TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	63Cr	63Cr	63Cr	63Cr	64Cr
ECS Total Common Shares Outstanding	63Cr	63Cr	63Cr	63Cr	64Cr
Book Value / Share	34.01	37.56	38.42	42.36	41.23
Tangible Book Value	601.74Cr	733.78Cr	849.6Cr	1.02TCr	1.08TCr
Tangible Book Value Per Share	9.54	11.61	13.42	16.07	17.03
Total Debt	1.4TCr	1.35TCr	1.21TCr	1.25TCr	1.37TCr
Net Debt	1.17TCr	1.16TCr	1.05TCr	1.05TCr	968.98Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	134.45Cr	96Cr	103.41Cr	101.92Cr	91Cr
Minority Interest, Total (Incl. Fin. Div)	54Cr	84Cr	72Cr	76Cr	73Cr
Equity Method Investments, Total	16Cr	19Cr	18Cr	20Cr	17Cr
Account Code - Inventory Valuation	3	3	3	6	6
Inventories - Raw Materials, Total	45Cr	57Cr	61Cr	61Cr	58Cr
Inventories - Work In Process, Total	11Cr	14Cr	17Cr	17Cr	16Cr
Inventories - Finished Goods, Total	102.85Cr	125.19Cr	124.29Cr	141.07Cr	139.62Cr
Land - (BS)	47Cr	47Cr	46Cr	49Cr	44Cr
Buildings, Total	228.63Cr	249.16Cr	268.52Cr	289.71Cr	285.04Cr
Machinery, Total	4.01TCr	4.21TCr	4.27TCr	4.61TCr	4.49TCr
Full Time Employees	66.4T	67.11T	67.78T	64.12T	63.13T
Accumulated Allowance for Doubtful Accounts (Supple)	20Cr	22Cr	23Cr	23Cr	22Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	257.22Cr	275.88Cr	307.8Cr	330.61Cr	351.79Cr
Depreciation & Amortization - CF	199.99Cr	226.21Cr	227.76Cr	230.2Cr	236.22Cr
Amortization of Goodwill and Intangible Assets - (CF)	12Cr	15Cr	15Cr	14Cr	14Cr
Depreciation & Amortization, Total	212.25Cr	241.26Cr	242.83Cr	244.37Cr	250.06Cr
Amortization of Deferred Charges, Total - (CF)	5Cr	5.33Cr	5.37Cr	6.14Cr	6.29Cr
Minority Interest in Earnings - (CF)	12Cr	15Cr	11Cr	13Cr	13Cr
(Gain) Loss From Sale Of Asset	2.75Cr	-13Cr	-13Cr	-70L	1.34Cr
(Income) Loss On Equity Investments - (CF)	-54L	-11L	-49L	7L	76L
Other Operating Activities, Total	31Cr	97Cr	88Cr	54Cr	52Cr
Change In Accounts Receivable	-	-	-	-	-5.83Cr
Change In Inventories	-	-	-	-	-8.37Cr
Change In Accounts Payable	-	-	-	-	-14Cr
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	38Cr	-40Cr	-15Cr	-16Cr	5.81Cr
Cash from Operations	557.07Cr	581.01Cr	626.3Cr	632.22Cr	651.84Cr
Capital Expenditure	-291.68Cr	-327.3Cr	-339.34Cr	-352.51Cr	-384.34Cr
Sale of Property, Plant, and Equipment	8.87Cr	9.2Cr	6.32Cr	8.01Cr	15Cr
Cash Acquisitions	-66Cr	-14Cr	-10Cr	-27Cr	-25Cr
Divestitures	13Cr	6.11Cr	34Cr	11Cr	18Cr
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	55L	1.38Cr	1.45Cr	1.76Cr	1.41Cr
Cash from Investing	-335.15Cr	-324.19Cr	-307.9Cr	-358.34Cr	-375.1Cr
Long-Term Debt Issued, Total	-	-	-	-	206.04Cr
Total Debt Issued	-	-	-	-	206.04Cr
Long-Term Debt Repaid, Total	-26Cr	-87Cr	-145.57Cr	-51Cr	-23Cr
Total Debt Repaid	-26Cr	-87Cr	-145.57Cr	-51Cr	-23Cr
Issuance of Common Stock	17Cr	2.35Cr	12Cr	3.02Cr	13Cr
Repurchase of Common Stock	-4.01Cr	-19Cr	-8.19Cr	-23Cr	-40L
Common Dividends Paid	-133.48Cr	-141.05Cr	-158.12Cr	-171.81Cr	-195.5Cr
Common & Preferred Stock Dividends Paid	-133.48Cr	-141.05Cr	-158.12Cr	-171.81Cr	-195.5Cr
Other Financing Activities, Total	-35Cr	-34Cr	-48Cr	-38Cr	-35Cr
Cash from Financing	-181.57Cr	-278.1Cr	-347.97Cr	-280.76Cr	-34Cr
Foreign Exchange Rate Adjustments	1.68Cr	-17Cr	-6.16Cr	-3.24Cr	-4.72Cr
Net Change in Cash	42Cr	-38Cr	-36Cr	-10Cr	237.55Cr
Supplemental Items
Levered Free Cash Flow	194.56Cr	154.09Cr	185.76Cr	187.84Cr	152.41Cr
Unlevered Free Cash Flow	214.59Cr	176.4Cr	209.07Cr	211.52Cr	174.93Cr
Change In Net Working Capital	-40Cr	35Cr	3.69Cr	11Cr	29Cr
Net Debt Issued / Repaid	-26Cr	-87Cr	-145.57Cr	-51Cr	182.77Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.53	5.98	6.13	6.39	6.3
Return on Total Capital	7.16	7.78	7.97	8.29	8.11
Return On Equity %	13.13	12.47	12.85	13.06	13.36
Return on Common Equity	12.86	12.21	12.81	12.92	13.26
Margin Analysis
Gross Profit Margin %	59.77	53.86	59.62	63.01	64.18
SG&A Margin	18.72	16.61	18.6	19.21	18.89
EBITDA Margin %	24.94	22.66	25.31	27.08	27.84
EBITA Margin %	17.36	15.9	17.93	19.46	19.94
EBIT Margin %	16.83	15.39	17.38	18.94	19.43
Income From Continuing Operations Margin %	11.54	9.7	11.55	12.71	13.53
Net Income Margin %	11.02	9.22	11.15	12.22	13.06
Net Avail. For Common Margin %	11.02	9.22	11.15	12.22	13.06
Normalized Net Income Margin	9.64	8.59	9.85	10.97	11.57
Levered Free Cash Flow Margin	8.34	5.15	6.73	6.94	5.66
Unlevered Free Cash Flow Margin	9.2	5.89	7.57	7.82	6.49
Asset Turnover
Asset Turnover	0.53	0.62	0.56	0.54	0.52
Fixed Assets Turnover	1.1	1.3	1.17	1.1	1.07
Receivables Turnover (Average Receivables)	9.52	10.45	9.16	9.03	9.19
Inventory Turnover (Average Inventory)	6.28	7.79	5.59	4.75	4.47
Short Term Liquidity
Current Ratio	0.9	0.93	0.86	0.88	1.17
Quick Ratio	0.6	0.58	0.53	0.53	0.78
Operating Cash Flow to Current Liabilities	0.66	0.65	0.71	0.67	0.74
Days Sales Outstanding (Average Receivables)	38.32	34.93	39.85	40.51	39.72
Days Outstanding Inventory (Average Inventory)	58.14	46.85	65.3	77.11	81.65
Average Days Payable Outstanding	95.72	80.51	99.8	100.88	101.2
Cash Conversion Cycle (Average Days)	0.75	1.26	5.35	16.75	20.17
Long Term Solvency
Total Debt/Equity	63.48	54.86	48.43	45.08	50.66
Total Debt / Total Capital	38.83	35.43	32.63	31.07	33.62
LT Debt/Equity	52.49	45.78	38.43	34.54	41.11
Long-Term Debt / Total Capital	32.11	29.56	25.89	23.81	27.29
Total Liabilities / Total Assets	52.98	50.38	48.19	46.75	48.09
EBIT / Interest Expense	12.26	12.91	12.87	13.52	14.52
EBITDA / Interest Expense	18.88	19.67	19.38	19.97	21.46
(EBITDA - Capex) / Interest Expense	9.78	10.5	10.28	10.67	10.8
Total Debt / EBITDA	2.31	1.92	1.68	1.65	1.76
Net Debt / EBITDA	1.94	1.65	1.45	1.39	1.25
Total Debt / (EBITDA - Capex)	4.46	3.6	3.16	3.08	3.51
Net Debt / (EBITDA - Capex)	3.74	3.09	2.74	2.61	2.49
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	13.91	28.28	-7.77	-1.99	-0.43
Gross Profit, 1 Yr. Growth %	4.96	15.6	2.11	3.58	1.4
EBITDA, 1 Yr. Growth %	7.64	16.52	3.03	4.87	1.87
EBITA, 1 Yr. Growth %	9.9	17.5	4.01	6.38	1.39
EBIT, 1 Yr. Growth %	10.24	17.34	4.14	6.77	1.49
Earnings From Cont. Operations, 1 Yr. Growth %	6.48	7.88	9.8	7.89	5.94
Net Income, 1 Yr. Growth %	5.63	7.25	11.57	7.41	6.41
Normalized Net Income, 1 Yr. Growth %	29.39	14.28	5.79	9.14	5
Diluted EPS Before Extra, 1 Yr. Growth %	5.45	7.11	11.38	7.32	6.29
Accounts Receivable, 1 Yr. Growth %	22.14	12.65	-1.35	0.1	-4.34
Inventory, 1 Yr. Growth %	12.75	23.71	3.4	7.99	-2.8
Net Property, Plant and Equip., 1 Yr. Growth %	12.64	4.95	0.02	7.98	-2.46
Total Assets, 1 Yr. Growth %	11.45	5.85	-2.39	7.31	0.09
Tangible Book Value, 1 Yr. Growth %	48.32	21.94	15.78	19.95	6.25
Common Equity, 1 Yr. Growth %	15.75	10.6	2.46	10.44	-2.41
Cash From Operations, 1 Yr. Growth %	7.01	4.3	7.8	0.95	3.1
Capital Expenditures, 1 Yr. Growth %	10.9	12.21	3.68	3.88	9.03
Levered Free Cash Flow, 1 Yr. Growth %	-6.16	-20.8	17.38	6.57	-19.75
Unlevered Free Cash Flow, 1 Yr. Growth %	-6.86	-17.8	15.78	5.99	-18.11
Dividend Per Share, 1 Yr. Growth %	5.45	12.16	8.47	3.12	12.12
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.18	20.88	8.77	-4.93	-1.22
Gross Profit, 2 Yr. CAGR %	0.65	10.15	8.64	2.84	2.48
EBITDA, 2 Yr. CAGR %	3.66	11.99	9.57	3.95	3.59
EBITA, 2 Yr. CAGR %	4.71	13.64	10.55	5.19	4.19
EBIT, 2 Yr. CAGR %	4.86	13.74	10.54	5.45	4.44
Earnings From Cont. Operations, 2 Yr. CAGR %	7.31	7.18	8.83	8.84	6.91
Net Income, 2 Yr. CAGR %	7.12	6.44	9.39	9.47	6.91
Normalized Net Income, 2 Yr. CAGR %	6.53	21.6	9.95	7.45	7.05
Diluted EPS Before Extra, 2 Yr. CAGR %	7.05	6.2	9.23	9.27	6.8
Accounts Receivable, 2 Yr. CAGR %	4.27	17.3	5.41	-0.63	-2.15
Inventory, 2 Yr. CAGR %	1.73	18.1	13.1	5.67	2.45
Net Property, Plant and Equip., 2 Yr. CAGR %	3.29	8.73	2.46	3.92	2.62
Total Assets, 2 Yr. CAGR %	3.51	8.61	1.64	2.34	3.64
Tangible Book Value, 2 Yr. CAGR %	33.58	34.49	18.82	17.85	12.9
Common Equity, 2 Yr. CAGR %	6.65	13.14	6.45	6.38	3.82
Cash From Operations, 2 Yr. CAGR %	8.73	5.65	6.03	4.31	2.02
Capital Expenditures, 2 Yr. CAGR %	5.18	11.55	7.86	3.78	6.42
Levered Free Cash Flow, 2 Yr. CAGR %	16.84	-13.79	-2.29	8.95	-7.01
Unlevered Free Cash Flow, 2 Yr. CAGR %	12.75	-12.5	-1.29	8.23	-6.37
Dividend Per Share, 2 Yr. CAGR %	3.64	8.63	10.3	10.93	7.53
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.56	10.94	10.46	5.06	-3.45
Gross Profit, 3 Yr. CAGR %	3.08	5.4	7.4	6.93	2.36
EBITDA, 3 Yr. CAGR %	5.47	7.78	8.92	7.98	3.4
EBITA, 3 Yr. CAGR %	6.34	8.81	10.34	9.14	4.13
EBIT, 3 Yr. CAGR %	6.62	8.86	10.44	9.27	4.34
Earnings From Cont. Operations, 3 Yr. CAGR %	6.84	7.5	8.04	8.52	7.87
Net Income, 3 Yr. CAGR %	6.77	7.17	8.12	8.73	8.44
Normalized Net Income, 3 Yr. CAGR %	7.54	9.05	16.08	9.68	6.63
Diluted EPS Before Extra, 3 Yr. CAGR %	6.63	7.02	7.9	8.54	8.27
Accounts Receivable, 3 Yr. CAGR %	2.52	6.99	10.72	3.61	-1.88
Inventory, 3 Yr. CAGR %	2.78	8.59	12.98	11.37	2.77
Net Property, Plant and Equip., 3 Yr. CAGR %	5.39	3.84	5.74	4.26	1.75
Total Assets, 3 Yr. CAGR %	3.68	4.28	4.81	3.5	1.59
Tangible Book Value, 3 Yr. CAGR %	28.45	29.58	27.94	19.2	13.85
Common Equity, 3 Yr. CAGR %	6.47	7.95	9.47	7.76	3.36
Cash From Operations, 3 Yr. CAGR %	5.71	7.23	6.36	4.31	3.91
Capital Expenditures, 3 Yr. CAGR %	9.05	7.48	8.86	6.52	5.5
Levered Free Cash Flow, 3 Yr. CAGR %	0.99	2.63	-3.6	-1.17	-1.25
Unlevered Free Cash Flow, 3 Yr. CAGR %	0.4	1.48	-3.19	-0.48	-1.05
Dividend Per Share, 3 Yr. CAGR %	6.38	6.32	8.58	11.34	11.32
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.17	8.02	5.61	4.3	5.63
Gross Profit, 5 Yr. CAGR %	4.04	5	5.27	4.37	5.41
EBITDA, 5 Yr. CAGR %	5.81	6.88	7.09	6.23	6.76
EBITA, 5 Yr. CAGR %	6.63	7.9	8	7.35	7.83
EBIT, 5 Yr. CAGR %	6.81	8.12	8.17	7.48	8
Earnings From Cont. Operations, 5 Yr. CAGR %	7.04	4.51	7.63	8.03	7.59
Net Income, 5 Yr. CAGR %	6.88	4.63	7.81	8.08	7.63
Normalized Net Income, 5 Yr. CAGR %	7.61	8.5	8.5	8.41	12.38
Diluted EPS Before Extra, 5 Yr. CAGR %	5.32	4.08	7.63	7.91	7.43
Accounts Receivable, 5 Yr. CAGR %	-2.86	0.91	3.67	3.88	5.38
Inventory, 5 Yr. CAGR %	3.68	8.01	6.79	7.41	8.65
Net Property, Plant and Equip., 5 Yr. CAGR %	2.29	5	4.21	3.87	4.49
Total Assets, 5 Yr. CAGR %	1.18	3.83	2.86	3.5	4.34
Tangible Book Value, 5 Yr. CAGR %	44.21	31.5	24.51	24.75	21.69
Common Equity, 5 Yr. CAGR %	5.09	7.78	6.46	7.32	7.17
Cash From Operations, 5 Yr. CAGR %	8.55	6.43	5.84	6.05	4.6
Capital Expenditures, 5 Yr. CAGR %	5.25	8.44	8.57	5.98	7.88
Levered Free Cash Flow, 5 Yr. CAGR %	33.37	-2.44	-0.34	5.68	-5.97
Unlevered Free Cash Flow, 5 Yr. CAGR %	24.8	-2.59	-0.28	4.61	-5.36
Dividend Per Share, 5 Yr. CAGR %	6.21	6.14	7.88	8.14	10.24