Cash flow Brown-Forman Corporation

Equities

BF.B

US1156372096

Distillers & Wineries

Market Closed - Nyse Other stock markets 02:30:02 17/01/2026 am IST			5-day change	1st Jan Change
26.40 ^USD	-3.72%		+1.69%	+1.30%

16/01	BNP Paribas Exane Downgrades Brown-Forman to Underperform From Neutral, Adjusts PT to $24 From $31	MT
14/01	Citigroup Adjusts Price Target on Brown-Forman to $24 From $27, Maintains Sell Rating	MT

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Published financial data: BROWN-FORMAN CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: April	2021	2022	2023	2024	2025
Revenues	346.1Cr	393.3Cr	422.8Cr	417.8Cr	397.5Cr
Total Revenues	346.1Cr	393.3Cr	422.8Cr	417.8Cr	397.5Cr
Cost of Goods Sold, Total	136.7Cr	154.2Cr	173.4Cr	165.2Cr	163.2Cr
Gross Profit	209.4Cr	239.1Cr	249.4Cr	252.6Cr	234.3Cr
Selling General & Admin Expenses, Total	107.6Cr	114.1Cr	126.6Cr	135.8Cr	123.2Cr
Other Operating Expenses	20L	1.4Cr	-50L	2.3Cr	-4.8Cr
Other Operating Expenses, Total	107.8Cr	115.5Cr	126.1Cr	138.1Cr	118.4Cr
Operating Income	101.6Cr	123.6Cr	123.3Cr	114.5Cr	115.9Cr
Interest Expense, Total	-8.1Cr	-8.2Cr	-9Cr	-13Cr	-12Cr
Interest And Investment Income	20L	50L	90L	1.4Cr	1.7Cr
Net Interest Expenses	-7.9Cr	-7.7Cr	-8.1Cr	-11Cr	-10Cr
Income (Loss) On Equity Invest.	-	-	-	-	8.3Cr
Currency Exchange Gains (Loss)	1.7Cr	70L	1.6Cr	80L	-40L
EBT, Excl. Unusual Items	95Cr	116.6Cr	116.8Cr	104Cr	113.3Cr
Restructuring Charges	-	-	-	-	-6Cr
Merger & Related Restructuring Charges	-	-	-5.5Cr	-	-
Gain (Loss) On Sale Of Assets	13Cr	-	-	27Cr	1.2Cr
Asset Writedown	-	-5.2Cr	-9.6Cr	-70L	-4.7Cr
Other Unusual Items	-	-	-	-90L	4.3Cr
EBT, Incl. Unusual Items	108.1Cr	111.4Cr	101.7Cr	129.8Cr	108.1Cr
Income Tax Expense	18Cr	28Cr	23Cr	27Cr	21Cr
Earnings From Continuing Operations	90Cr	84Cr	78Cr	102.4Cr	87Cr
Net Income to Company	90Cr	84Cr	78Cr	102.4Cr	87Cr
Net Income - (IS)	90Cr	84Cr	78Cr	102.4Cr	87Cr
Net Income to Common Incl Extra Items	90Cr	84Cr	78Cr	102.4Cr	87Cr
Net Income to Common Excl. Extra Items	90Cr	84Cr	78Cr	102.4Cr	87Cr
Per Share Items
Net EPS - Basic	1.89	1.75	1.63	2.15	1.84
Basic EPS - Continuing Operations	1.89	1.75	1.63	2.15	1.84
Basic Weighted Average Shares Outstanding	48Cr	48Cr	48Cr	48Cr	47Cr
Net EPS - Diluted	1.88	1.74	1.63	2.14	1.84
Diluted EPS - Continuing Operations	1.88	1.74	1.63	2.14	1.84
Diluted Weighted Average Shares Outstanding	48Cr	48Cr	48Cr	48Cr	47Cr
Normalized Basic EPS	1.25	1.52	1.52	1.36	1.5
Normalized Diluted EPS	1.24	1.52	1.52	1.36	1.5
Dividend Per Share	0.71	0.74	0.79	0.85	0.89
Payout Ratio	37.43	42	48.28	39.45	48.33
Supplemental Items
EBITDA	109.3Cr	131.5Cr	131.3Cr	123.2Cr	124.6Cr
EBITA	101.6Cr	123.6Cr	123.3Cr	114.5Cr	115.9Cr
EBIT	101.6Cr	123.6Cr	123.3Cr	114.5Cr	115.9Cr
EBITDAR	113.4Cr	135.3Cr	135.1Cr	128.3Cr	129.1Cr
Total Revenues (As Reported)	346.1Cr	393.3Cr	422.8Cr	417.8Cr	397.5Cr
Effective Tax Rate - (Ratio)	16.47	24.78	23.01	21.11	19.61
Current Domestic Taxes	18Cr	22Cr	19Cr	18Cr	18Cr
Current Foreign Taxes	5Cr	6.4Cr	4.6Cr	8.1Cr	7.3Cr
Total Current Taxes	23Cr	29Cr	24Cr	26Cr	25Cr
Deferred Domestic Taxes	-60L	-20L	-90L	2.3Cr	-5.8Cr
Deferred Foreign Taxes	-4.7Cr	-90L	60L	-50L	1.9Cr
Total Deferred Taxes	-5.3Cr	-1.1Cr	-30L	1.8Cr	-3.9Cr
Normalized Net Income	60Cr	73Cr	73Cr	65Cr	71Cr
Non-Cash Pension Expense	70L	1.3Cr	2.8Cr	10L	20L
Supplemental Operating Expense Items
Advertising Expense	40Cr	44Cr	51Cr	53Cr	48Cr
Selling and Marketing Expenses	40Cr	44Cr	51Cr	53Cr	48Cr
Net Rental Expense, Total	4.1Cr	3.8Cr	3.8Cr	5.1Cr	4.5Cr
Imputed Operating Lease Interest Expense	1.01Cr	1Cr	1.02Cr	1.67Cr	1.46Cr
Imputed Operating Lease Depreciation	3.09Cr	2.8Cr	2.78Cr	3.43Cr	3.04Cr
Stock-Based Comp., SG&A Exp. (Total)	1.2Cr	1.5Cr	1.8Cr	2.5Cr	2.8Cr
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	1.2Cr	1.5Cr	1.8Cr	2.5Cr	2.8Cr

Fiscal Period: April	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	115Cr	87Cr	37Cr	45Cr	44Cr
Total Cash And Short Term Investments	115Cr	87Cr	37Cr	45Cr	44Cr
Accounts Receivable, Total	75Cr	81Cr	86Cr	77Cr	83Cr
Total Receivables	75Cr	81Cr	86Cr	77Cr	83Cr
Inventory	175.1Cr	181.8Cr	228.3Cr	255.6Cr	251.1Cr
Prepaid Expenses	17Cr	16Cr	12Cr	10Cr	-
Restricted Cash	-	60L	1Cr	-	-
Other Current Assets, Total	9.3Cr	12Cr	16Cr	16Cr	41Cr
Total Current Assets	391.7Cr	377.6Cr	380.1Cr	403.6Cr	419.5Cr
Gross Property Plant And Equipment	169.1Cr	179.8Cr	200.4Cr	203.6Cr	204Cr
Accumulated Depreciation	-79Cr	-85Cr	-89Cr	-87Cr	-84Cr
Net Property Plant And Equipment	90Cr	95Cr	111.5Cr	117Cr	119.6Cr
Long-term Investments	-	-	-	27Cr	30L
Goodwill	78Cr	76Cr	145.7Cr	145.5Cr	150.5Cr
Other Intangibles, Total	68Cr	59Cr	116.4Cr	99Cr	98Cr
Deferred Tax Assets Long-Term	7Cr	7.4Cr	6.6Cr	6.9Cr	4.7Cr
Other Long-Term Assets, Total	18Cr	23Cr	17Cr	18Cr	16Cr
Total Assets	652.2Cr	637.3Cr	777.7Cr	816.6Cr	808.6Cr
Liabilities
Accounts Payable, Total	17Cr	22Cr	31Cr	27Cr	24Cr
Accrued Expenses, Total	49Cr	46Cr	50Cr	50Cr	47Cr
Short-term Borrowings	20Cr	-	24Cr	43Cr	31Cr
Current Portion of Long-Term Debt	-	25Cr	-	30Cr	-
Current Portion of Leases	2Cr	2.1Cr	2.2Cr	2.4Cr	2.6Cr
Current Income Taxes Payable	3.4Cr	8.1Cr	2.2Cr	3.8Cr	2.7Cr
Other Current Liabilities	-	10L	10L	-	-
Total Current Liabilities	92Cr	103.4Cr	108.4Cr	155.9Cr	108Cr
Long-Term Debt	235.4Cr	201.9Cr	267.8Cr	237.2Cr	242.1Cr
Long-Term Leases	4.9Cr	5.4Cr	6.3Cr	7.3Cr	7.8Cr
Pension & Other Post Retirement Benefits	22Cr	18Cr	17Cr	16Cr	16Cr
Deferred Tax Liability Non Current	17Cr	22Cr	32Cr	32Cr	24Cr
Other Non Current Liabilities	16Cr	13Cr	19Cr	17Cr	11Cr
Total Liabilities	386.6Cr	363.6Cr	450.9Cr	464.9Cr	409.3Cr
Common Stock, Total	7.2Cr	7.2Cr	7.2Cr	7.2Cr	7.2Cr
Additional Paid In Capital	-	-	10L	1.3Cr	3.6Cr
Retained Earnings	324.3Cr	324.2Cr	364.3Cr	426.1Cr	471Cr
Treasury Stock	-24Cr	-22Cr	-21Cr	-61Cr	-60Cr
Comprehensive Income and Other	-42Cr	-35Cr	-24Cr	-22Cr	-22Cr
Total Common Equity	265.6Cr	273.7Cr	326.8Cr	351.7Cr	399.3Cr
Total Equity	265.6Cr	273.7Cr	326.8Cr	351.7Cr	399.3Cr
Total Liabilities And Equity	652.2Cr	637.3Cr	777.7Cr	816.6Cr	808.6Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	48Cr	48Cr	48Cr	47Cr	47Cr
ECS Total Common Shares Outstanding	48Cr	48Cr	48Cr	47Cr	47Cr
Book Value / Share	5.55	5.71	6.83	7.44	8.45
Tangible Book Value	120.1Cr	139Cr	65Cr	107.2Cr	150.7Cr
Tangible Book Value Per Share	2.51	2.9	1.35	2.27	3.19
Total Debt	262.8Cr	234.4Cr	299.8Cr	319.7Cr	283.7Cr
Net Debt	147.8Cr	147.6Cr	262.4Cr	275.1Cr	239.3Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	18Cr	10Cr	12Cr	10Cr	11Cr
Debt Equivalent Oper. Leases	33Cr	30Cr	30Cr	41Cr	36Cr
Equity Method Investments, Total	-	-	-	27Cr	30L
Account Code - Inventory Valuation	4	4	4	4	4
LIFO Reserve, Total	-35Cr	-38Cr	-43Cr	-51Cr	60Cr
Inventories - Raw Materials, Total	13Cr	13Cr	19Cr	22Cr	9Cr
Inventories - Work In Process, Total	130Cr	138Cr	158.3Cr	188.6Cr	194.5Cr
Inventories - Finished Goods, Total	32Cr	31Cr	51Cr	45Cr	48Cr
Land - (BS)	8.2Cr	8.6Cr	9.7Cr	4.9Cr	4.9Cr
Buildings, Total	66Cr	66Cr	72Cr	78Cr	84Cr
Machinery, Total	83Cr	85Cr	89Cr	93Cr	87Cr
Full Time Employees	4.7T	5.2T	5.6T	5.7T	5T
Part Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	70L	1.3Cr	70L	80L	70L

Fiscal Period: April	2021	2022	2023	2024	2025
Net Income	90Cr	84Cr	78Cr	102.4Cr	87Cr
Depreciation & Amortization - CF	7.7Cr	7.9Cr	8Cr	8.7Cr	8.7Cr
Depreciation & Amortization, Total	7.7Cr	7.9Cr	8Cr	8.7Cr	8.7Cr
(Gain) Loss From Sale Of Asset	-13Cr	-	-	-27Cr	-
Asset Writedown & Restructuring Costs	-	6.1Cr	9.6Cr	70L	4.9Cr
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-8.3Cr
Stock-Based Compensation (CF)	1.2Cr	1.5Cr	1.8Cr	2.5Cr	2.8Cr
Other Operating Activities, Total	-7.6Cr	2Cr	1.5Cr	3.4Cr	-9.9Cr
Change In Accounts Receivable	-15Cr	-7.7Cr	-2.1Cr	8.8Cr	-7Cr
Change In Inventories	-3.7Cr	-9.3Cr	-40Cr	-35Cr	-6.4Cr
Change In Accounts Payable	14Cr	3.7Cr	7.7Cr	-3.1Cr	-4Cr
Change In Income Taxes	80L	4.7Cr	-5.7Cr	1.7Cr	-1.3Cr
Change in Other Net Operating Assets	7Cr	90L	5.2Cr	1.2Cr	-6.6Cr
Cash from Operations	82Cr	94Cr	64Cr	65Cr	60Cr
Capital Expenditure	-6.2Cr	-14Cr	-18Cr	-23Cr	-17Cr
Cash Acquisitions	-1.4Cr	-	-119.5Cr	-	-
Divestitures	18Cr	-	-	25Cr	-
Sale (Purchase) of Intangible assets	-30L	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	35Cr
Other Investing Activities, Total	-	1.1Cr	2.3Cr	3.1Cr	6.6Cr
Cash from Investing	9.8Cr	-13Cr	-135.5Cr	4.9Cr	25Cr
Short Term Debt Issued, Total	39Cr	-	83Cr	19Cr	-
Long-Term Debt Issued, Total	-	-	65Cr	-	-
Total Debt Issued	39Cr	-	148.2Cr	19Cr	-
Short Term Debt Repaid, Total	-52Cr	-20Cr	-60Cr	-	-12Cr
Long-Term Debt Repaid, Total	-	-	-25Cr	-	-30Cr
Total Debt Repaid	-52Cr	-20Cr	-85Cr	-	-42Cr
Repurchase of Common Stock	-2.1Cr	-1.1Cr	-	-40Cr	-
Common Dividends Paid	-34Cr	-35Cr	-38Cr	-40Cr	-42Cr
Common & Preferred Stock Dividends Paid	-34Cr	-35Cr	-38Cr	-40Cr	-42Cr
Special Dividend Paid	-	-48Cr	-	-	-
Other Financing Activities, Total	-	-	-1.5Cr	-60L	-60L
Cash from Financing	-48Cr	-103.8Cr	24Cr	-62Cr	-84Cr
Foreign Exchange Rate Adjustments	4.5Cr	-4.7Cr	-1.4Cr	-60L	30L
Miscellaneous Cash Flow Adjustments	-	-	-1Cr	-1Cr	-1.9Cr
Net Change in Cash	48Cr	-28Cr	-50Cr	6.2Cr	-1.2Cr
Supplemental Items
Cash Interest Paid	7.9Cr	8Cr	8.5Cr	12Cr	12Cr
Cash Income Tax Paid (Refund)	20Cr	23Cr	28Cr	24Cr	30Cr
Levered Free Cash Flow	59Cr	61Cr	17Cr	34Cr	37Cr
Unlevered Free Cash Flow	64Cr	66Cr	23Cr	42Cr	45Cr
Change In Net Working Capital	1.5Cr	7.1Cr	46Cr	18Cr	23Cr
Net Debt Issued / Repaid	-13Cr	-20Cr	63Cr	19Cr	-42Cr

Fiscal Period: April	2021	2022	2023	2024	2025
Profitability
Return on Assets	10.34	11.98	10.89	8.98	8.91
Return on Total Capital	12.81	14.91	13.58	11.03	10.7
Return On Equity %	39	31.08	26.08	30.18	23.14
Return on Common Equity	39	31.08	26.08	30.18	23.14
Margin Analysis
Gross Profit Margin %	60.5	60.79	58.99	60.46	58.94
SG&A Margin	31.09	29.01	29.94	32.5	30.99
EBITDA Margin %	31.58	33.44	31.05	29.49	31.35
EBITA Margin %	29.36	31.43	29.16	27.41	29.16
EBIT Margin %	29.36	31.43	29.16	27.41	29.16
Income From Continuing Operations Margin %	26.09	21.31	18.52	24.51	21.86
Net Income Margin %	26.09	21.31	18.52	24.51	21.86
Net Avail. For Common Margin %	26.09	21.31	18.52	24.51	21.86
Normalized Net Income Margin	17.23	18.53	17.27	15.56	17.81
Levered Free Cash Flow Margin	17.14	15.41	4.12	8.07	9.31
Unlevered Free Cash Flow Margin	18.61	16.72	5.45	9.97	11.23
Asset Turnover
Asset Turnover	0.56	0.61	0.6	0.52	0.49
Fixed Assets Turnover	3.85	4.26	4.1	3.66	3.36
Receivables Turnover (Average Receivables)	5.23	5.02	5.07	5.15	4.97
Inventory Turnover (Average Inventory)	0.8	0.86	0.85	0.68	0.64
Short Term Liquidity
Current Ratio	4.27	3.65	3.51	2.59	3.88
Quick Ratio	2.07	1.63	1.13	0.78	1.18
Operating Cash Flow to Current Liabilities	0.89	0.91	0.59	0.42	0.55
Days Sales Outstanding (Average Receivables)	69.76	72.67	72	71.13	73.41
Days Outstanding Inventory (Average Inventory)	458.72	422.4	431.62	536.04	566.62
Average Days Payable Outstanding	38.59	44.24	43.65	54.66	58.65
Cash Conversion Cycle (Average Days)	489.89	450.83	459.97	552.51	581.39
Long Term Solvency
Total Debt/Equity	98.95	85.64	91.74	90.9	71.05
Total Debt / Total Capital	49.74	46.13	47.85	47.62	41.54
LT Debt/Equity	90.47	75.74	83.87	69.52	62.58
Long-Term Debt / Total Capital	45.48	40.8	43.74	36.42	36.59
Total Liabilities / Total Assets	59.28	57.05	57.98	56.93	50.62
EBIT / Interest Expense	12.54	15.07	13.7	9.02	9.5
EBITDA / Interest Expense	14	16.5	15.01	10.1	10.58
(EBITDA - Capex) / Interest Expense	13.23	14.82	12.98	8.31	9.21
Total Debt / EBITDA	2.32	1.73	2.22	2.49	2.2
Net Debt / EBITDA	1.3	1.09	1.94	2.14	1.85
Total Debt / (EBITDA - Capex)	2.45	1.93	2.57	3.03	2.52
Net Debt / (EBITDA - Capex)	1.38	1.21	2.25	2.61	2.13
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.91	13.64	7.5	-1.18	-4.86
Gross Profit, 1 Yr. Growth %	-1.55	14.18	4.31	1.28	-7.24
EBITDA, 1 Yr. Growth %	-7.92	20.31	-0.15	-6.17	1.14
EBITA, 1 Yr. Growth %	-8.72	21.65	-0.24	-7.14	1.22
EBIT, 1 Yr. Growth %	-8.72	21.65	-0.24	-7.14	1.22
Earnings From Cont. Operations, 1 Yr. Growth %	9.19	-7.2	-6.56	30.78	-15.14
Net Income, 1 Yr. Growth %	9.19	-7.2	-6.56	30.78	-15.14
Normalized Net Income, 1 Yr. Growth %	-6.65	22.22	0.17	-10.96	8.94
Diluted EPS Before Extra, 1 Yr. Growth %	9.3	-7.45	-6.32	31.29	-14.09
Accounts Receivable, 1 Yr. Growth %	32.11	7.97	5.17	-10.06	7.93
Inventory, 1 Yr. Growth %	3.92	3.83	25.58	11.96	-1.76
Net Property, Plant and Equip., 1 Yr. Growth %	0	5.56	17.49	4.93	2.22
Total Assets, 1 Yr. Growth %	13.11	-2.28	22.03	5	-0.98
Tangible Book Value, 1 Yr. Growth %	105.65	15.74	-53.45	65.69	40.58
Common Equity, 1 Yr. Growth %	34.48	3.05	19.4	7.62	13.53
Cash From Operations, 1 Yr. Growth %	12.85	14.57	-31.62	1.09	-7.57
Capital Expenditures, 1 Yr. Growth %	-45.13	122.58	32.61	24.59	-26.75
Levered Free Cash Flow, 1 Yr. Growth %	44.59	1.66	-71.24	93.4	9.75
Unlevered Free Cash Flow, 1 Yr. Growth %	39.51	1.62	-64.92	80.65	7.14
Dividend Per Share, 1 Yr. Growth %	3.97	4.01	7.07	7.44	4.96
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.04	8.14	10.53	3.07	-3.04
Gross Profit, 2 Yr. CAGR %	-1.68	6.02	9.13	2.78	-3.07
EBITDA, 2 Yr. CAGR %	-4.08	5.83	9.6	-3.21	-0.48
EBITA, 2 Yr. CAGR %	-4.59	6	10.16	-3.75	-0.81
EBIT, 2 Yr. CAGR %	-4.59	6	10.16	-3.75	-0.81
Earnings From Cont. Operations, 2 Yr. CAGR %	3.99	0.66	-6.88	10.54	5.35
Net Income, 2 Yr. CAGR %	3.99	0.66	-6.88	10.54	5.35
Normalized Net Income, 2 Yr. CAGR %	-4.32	7.5	10.65	-5.56	0.89
Diluted EPS Before Extra, 2 Yr. CAGR %	4.25	0.58	-6.89	10.9	6.2
Accounts Receivable, 2 Yr. CAGR %	11.2	19.43	6.56	-2.74	-1.47
Inventory, 2 Yr. CAGR %	7.33	3.87	14.19	18.57	4.87
Net Property, Plant and Equip., 2 Yr. CAGR %	4.96	2.74	11.37	11.03	3.57
Total Assets, 2 Yr. CAGR %	12.66	5.13	9.2	13.2	1.97
Tangible Book Value, 2 Yr. CAGR %	119.62	54.28	-26.6	-12.18	52.62
Common Equity, 2 Yr. CAGR %	26.99	17.72	10.92	13.36	10.54
Cash From Operations, 2 Yr. CAGR %	1.06	13.7	-11.49	-16.86	-3.34
Capital Expenditures, 2 Yr. CAGR %	-27.82	10.51	71.8	28.54	-4.47
Levered Free Cash Flow, 2 Yr. CAGR %	13.76	21.86	-45.93	-25.42	62.6
Unlevered Free Cash Flow, 2 Yr. CAGR %	11.99	19.62	-40.3	-20.4	50.82
Dividend Per Share, 2 Yr. CAGR %	4.5	3.99	5.53	7.25	6.19
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.14	5.77	7.93	6.48	0.35
Gross Profit, 3 Yr. CAGR %	-1.66	3.35	5.45	6.45	-0.67
EBITDA, 3 Yr. CAGR %	-0.03	3.44	3.8	4.07	-1.78
EBITA, 3 Yr. CAGR %	-0.46	3.46	3.88	4.06	-2.12
EBIT, 3 Yr. CAGR %	-0.46	3.46	3.88	4.06	-2.12
Earnings From Cont. Operations, 3 Yr. CAGR %	7.99	0.12	-1.81	4.28	1.22
Net Income, 3 Yr. CAGR %	7.99	0.12	-1.81	4.28	1.22
Normalized Net Income, 3 Yr. CAGR %	-0.79	3.82	5	2.92	-0.95
Diluted EPS Before Extra, 3 Yr. CAGR %	8.3	0.19	-1.78	4.41	1.85
Accounts Receivable, 3 Yr. CAGR %	5.62	10.11	14.47	0.7	0.69
Inventory, 3 Yr. CAGR %	8.29	6.15	10.65	13.44	11.37
Net Property, Plant and Equip., 3 Yr. CAGR %	4.85	5.16	7.44	9.18	8.02
Total Assets, 3 Yr. CAGR %	9.44	7.44	10.49	7.78	8.26
Tangible Book Value, 3 Yr. CAGR %	117.33	77.39	3.47	-3.72	2.73
Common Equity, 3 Yr. CAGR %	26.37	18.45	18.28	9.81	13.42
Cash From Operations, 3 Yr. CAGR %	7.75	5.37	-4.03	-7.48	-13.87
Capital Expenditures, 3 Yr. CAGR %	-21.26	5.06	17.43	54.35	6.56
Levered Free Cash Flow, 3 Yr. CAGR %	5.51	9.76	-24.69	-17.31	-15.17
Unlevered Free Cash Flow, 3 Yr. CAGR %	5.54	8.59	-20.53	-13.65	-12.11
Dividend Per Share, 3 Yr. CAGR %	5.19	4.34	5.01	6.16	6.48
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.3	5.61	5.42	4.68	3.4
Gross Profit, 5 Yr. CAGR %	-0.47	3.42	2.52	3.12	1.95
EBITDA, 5 Yr. CAGR %	-0.29	4.62	3.72	0.73	1.2
EBITA, 5 Yr. CAGR %	-0.71	4.52	3.66	0.51	1.05
EBIT, 5 Yr. CAGR %	-0.71	4.52	3.66	0.51	1.05
Earnings From Cont. Operations, 5 Yr. CAGR %	-3.28	4.61	1.78	4.17	1
Net Income, 5 Yr. CAGR %	-3.28	4.61	1.78	4.17	1
Normalized Net Income, 5 Yr. CAGR %	-1.02	4.56	3.64	-0.04	2.35
Diluted EPS Before Extra, 5 Yr. CAGR %	-2.1	4.9	1.95	4.35	1.34
Accounts Receivable, 5 Yr. CAGR %	6.14	7.86	6	4.78	7.81
Inventory, 5 Yr. CAGR %	10.69	7.44	10.61	10.95	8.31
Net Property, Plant and Equip., 5 Yr. CAGR %	7.4	5.89	7.41	7.47	5.88
Total Assets, 5 Yr. CAGR %	9.29	6.62	9.34	9.7	7
Tangible Book Value, 5 Yr. CAGR %	26.08	125.2	40.78	33.91	20.88
Common Equity, 5 Yr. CAGR %	11.2	14.84	19.95	16.38	15.12
Cash From Operations, 5 Yr. CAGR %	9.29	7.37	-0.4	-4.16	-3.75
Capital Expenditures, 5 Yr. CAGR %	-10.51	4.26	7.58	13.89	8.13
Levered Free Cash Flow, 5 Yr. CAGR %	3.22	12.9	-19.17	-5.96	-1.94
Unlevered Free Cash Flow, 5 Yr. CAGR %	3.77	12.35	-15.89	-4.1	-0.58
Dividend Per Share, 5 Yr. CAGR %	6.19	5.47	5.32	5.49	5.48