Balance Sheet Bunzl plc

Equities

BNZL

GB00B0744B38

Diversified Industrial Goods Wholesale

Real-time Estimate Cboe Europe Other stock markets 08:38:13 16/03/2026 pm IST			5-day change	1st Jan Change
2,304.00 ^GBX	0.00%		+3.41%	+10.98%

10/03	UBS raises Admiral; Canaccord cuts Clarkson	AN
10/03	RBC Adjusts Estimates for Bunzl Post-FY25 Results; Sector Perform Rating Maintained	MT

2da60f71cf3e2cbdf53df6.9dWMTRDtqTqV9KH41QC3yknwL4X6TzbJCRNSmIiJtyk.nrG0K1aq31Xdu-bJgzDosCqTTbaPDRuYaH8Z_PC782us-L4sc6L8CNyn8A

Published financial data: BUNZL PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	1.01TCr	1.03TCr	1.2TCr	1.18TCr	1.18TCr
Total Revenues	1.01TCr	1.03TCr	1.2TCr	1.18TCr	1.18TCr
Cost of Goods Sold, Total	752.63Cr	776.25Cr	901.5Cr	860.92Cr	838.38Cr
Gross Profit	258.48Cr	252.26Cr	302.45Cr	318.79Cr	339.26Cr
Selling General & Admin Expenses, Total	94Cr	94Cr	108.99Cr	115.22Cr	122.08Cr
Provision for Bad Debts	1.59Cr	-47L	37L	26L	10L
Depreciation & Amortization - (IS)	16Cr	16Cr	18Cr	20Cr	22Cr
Amortization of Goodwill and Intangible Assets - (IS)	11Cr	11Cr	14Cr	14Cr	16Cr
Other Operating Expenses	67Cr	66Cr	86Cr	88Cr	96Cr
Other Operating Expenses, Total	190.67Cr	187.79Cr	226.7Cr	237.77Cr	256.88Cr
Operating Income	68Cr	64Cr	76Cr	81Cr	82Cr
Interest Expense, Total	-7Cr	-6.28Cr	-7.78Cr	-14Cr	-17Cr
Interest And Investment Income	80L	92L	1.97Cr	5.63Cr	6.84Cr
Net Interest Expenses	-6.2Cr	-5.36Cr	-5.81Cr	-8.32Cr	-10Cr
Currency Exchange Gains (Loss)	-5L	-1L	0	-6L	-7L
Other Non Operating Income (Expenses)	4L	-2L	-1.02Cr	-17L	-11L
EBT, Excl. Unusual Items	62Cr	59Cr	69Cr	72Cr	72Cr
Restructuring Charges	-	-	-	-	-59L
Merger & Related Restructuring Charges	-4.27Cr	-2.3Cr	-5.59Cr	-1.95Cr	-3.17Cr
Gain (Loss) On Sale Of Assets	-8L	9L	13L	6L	-80L
Asset Writedown	-	-	-	-	-
Other Unusual Items	-1.68Cr	-	-	-72L	-4L
EBT, Incl. Unusual Items	56Cr	57Cr	63Cr	70Cr	67Cr
Income Tax Expense	13Cr	13Cr	16Cr	17Cr	17Cr
Earnings From Continuing Operations	43Cr	44Cr	47Cr	53Cr	50Cr
Net Income to Company	43Cr	44Cr	47Cr	53Cr	50Cr
Minority Interest	-	-	-	-	-6L
Net Income - (IS)	43Cr	44Cr	47Cr	53Cr	50Cr
Net Income to Common Incl Extra Items	43Cr	44Cr	47Cr	53Cr	50Cr
Net Income to Common Excl. Extra Items	43Cr	44Cr	47Cr	53Cr	50Cr
Per Share Items
Net EPS - Basic	1.29	1.33	1.42	1.57	1.5
Basic EPS - Continuing Operations	1.29	1.33	1.42	1.57	1.5
Basic Weighted Average Shares Outstanding	33Cr	33Cr	33Cr	34Cr	33Cr
Net EPS - Diluted	1.28	1.32	1.41	1.56	1.49
Diluted EPS - Continuing Operations	1.28	1.32	1.41	1.56	1.49
Diluted Weighted Average Shares Outstanding	34Cr	34Cr	34Cr	34Cr	34Cr
Normalized Basic EPS	1.15	1.11	1.29	1.35	1.34
Normalized Diluted EPS	1.15	1.1	1.28	1.34	1.33
Dividend Per Share	0.54	0.57	0.63	0.68	0.74
Payout Ratio	39.88	40.74	40.16	39.85	45.68
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	81Cr	78Cr	92Cr	98Cr	100.99Cr
EBITA	78Cr	75Cr	89Cr	95Cr	97Cr
EBIT	68Cr	64Cr	76Cr	81Cr	82Cr
EBITDAR	81Cr	79Cr	92Cr	98Cr	101.49Cr
Effective Tax Rate - (Ratio)	22.62	22.14	25.24	24.68	25.62
Total Current Taxes	15Cr	14Cr	16Cr	19Cr	19Cr
Total Deferred Taxes	-2.29Cr	-1.29Cr	-33L	-1.97Cr	-1.63Cr
Normalized Net Income	38Cr	37Cr	43Cr	45Cr	45Cr
Interest on Long-Term Debt	2.25Cr	2.03Cr	2.2Cr	2.86Cr	3.85Cr
Non-Cash Pension Expense	11L	15L	1L	-22L	-56L
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	-	14L	18L
Net Rental Expense, Total	80L	62L	52L	46L	50L
Imputed Operating Lease Interest Expense	17.72L	11.71L	11.07L	16.05L	19.6L
Imputed Operating Lease Depreciation	62.28L	50.29L	40.93L	29.95L	30.4L
Stock-Based Comp., SG&A Exp. (Total)	1.49Cr	1.27Cr	1.41Cr	1.54Cr	-
Stock-Based Comp., Other (Total)	-	-	-	-	1.72Cr
Total Stock-Based Compensation	1.49Cr	1.27Cr	1.41Cr	1.54Cr	1.72Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	94Cr	78Cr	150.4Cr	142.61Cr	143.29Cr
Trading Asset Securities, Total	1.26Cr	-	-	-	-
Total Cash And Short Term Investments	96Cr	78Cr	150.4Cr	142.61Cr	143.29Cr
Accounts Receivable, Total	113.8Cr	117.33Cr	126.6Cr	128.73Cr	128.45Cr
Other Receivables	17Cr	18Cr	22Cr	22Cr	27Cr
Total Receivables	130.63Cr	135.22Cr	148.21Cr	150.28Cr	155.47Cr
Inventory	143.22Cr	147.4Cr	174.86Cr	162.11Cr	176.09Cr
Prepaid Expenses	9.61Cr	8.68Cr	8.79Cr	8.44Cr	9.24Cr
Other Current Assets, Total	-	1.49Cr	1.9Cr	1.17Cr	4.37Cr
Total Current Assets	379.15Cr	370.48Cr	484.16Cr	464.61Cr	488.46Cr
Gross Property Plant And Equipment	81Cr	82Cr	95Cr	105.54Cr	118.99Cr
Accumulated Depreciation	-24Cr	-25Cr	-28Cr	-28Cr	-28Cr
Net Property Plant And Equipment	58Cr	57Cr	67Cr	78Cr	91Cr
Goodwill	149.46Cr	169.85Cr	193.16Cr	200.89Cr	228.61Cr
Other Intangibles, Total	95Cr	106.83Cr	116.23Cr	123.32Cr	139.77Cr
Deferred Tax Assets Long-Term	25L	28L	40L	1.42Cr	1.41Cr
Other Long-Term Assets, Total	1.74Cr	7.05Cr	6.05Cr	6.91Cr	3.58Cr
Total Assets	682.94Cr	711.41Cr	866.68Cr	874.72Cr	952.92Cr
Liabilities
Accounts Payable, Total	108.04Cr	121.66Cr	144.09Cr	129.01Cr	139.29Cr
Accrued Expenses, Total	52Cr	48Cr	55Cr	52Cr	54Cr
Short-term Borrowings	51Cr	55Cr	83Cr	87Cr	99Cr
Current Portion of Long-Term Debt	7.99Cr	11Cr	16Cr	13Cr	62Cr
Current Portion of Leases	13Cr	13Cr	15Cr	15Cr	18Cr
Current Income Taxes Payable	7.57Cr	4.21Cr	4.06Cr	4.7Cr	6.37Cr
Unearned Revenue Current, Total	-	-	1.04Cr	71L	1.04Cr
Other Current Liabilities	27Cr	24Cr	29Cr	29Cr	34Cr
Total Current Liabilities	266.77Cr	277.49Cr	346.53Cr	331.06Cr	413.59Cr
Long-Term Debt	161.6Cr	146.16Cr	167.45Cr	149.58Cr	144.45Cr
Long-Term Leases	37Cr	36Cr	42Cr	51Cr	57Cr
Pension & Other Post Retirement Benefits	4.52Cr	3.24Cr	2.06Cr	1.96Cr	1.6Cr
Deferred Tax Liability Non Current	11Cr	15Cr	19Cr	19Cr	26Cr
Other Non Current Liabilities	11Cr	13Cr	17Cr	25Cr	31Cr
Total Liabilities	491.03Cr	491.02Cr	594.59Cr	578.09Cr	673.85Cr
Common Stock, Total	11Cr	11Cr	11Cr	11Cr	11Cr
Additional Paid In Capital	19Cr	19Cr	20Cr	21Cr	21Cr
Retained Earnings	187.31Cr	220.44Cr	253.29Cr	287.69Cr	283.25Cr
Treasury Stock	-7.34Cr	-5.29Cr	-6.34Cr	-7.09Cr	-6.33Cr
Comprehensive Income and Other	-18Cr	-25Cr	-5.65Cr	-15Cr	-30Cr
Total Common Equity	191.91Cr	220.39Cr	272.09Cr	296.63Cr	278.74Cr
Minority Interest	-	-	-	-	33L
Total Equity	191.91Cr	220.39Cr	272.09Cr	296.63Cr	279.07Cr
Total Liabilities And Equity	682.94Cr	711.41Cr	866.68Cr	874.72Cr	952.92Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	33Cr	34Cr	34Cr	34Cr	33Cr
ECS Total Common Shares Outstanding	33Cr	34Cr	34Cr	34Cr	33Cr
Book Value / Share	5.75	6.57	8.11	8.83	8.47
Tangible Book Value	-52Cr	-56Cr	-37Cr	-28Cr	-90Cr
Tangible Book Value Per Share	-1.57	-1.68	-1.11	-0.82	-2.72
Total Debt	270.8Cr	261.38Cr	323.13Cr	316.45Cr	380.57Cr
Net Debt	175.11Cr	183.69Cr	172.73Cr	173.84Cr	237.28Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	4.48Cr	-3.12Cr	-3.99Cr	-4.94Cr	-1.98Cr
Debt Equivalent Oper. Leases	6.4Cr	4.96Cr	4.16Cr	3.68Cr	4Cr
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	33L
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	156.47Cr	165.39Cr	192.85Cr	177.53Cr	190.44Cr
Land - (BS)	9.39Cr	9.15Cr	9.89Cr	10Cr	13Cr
Machinery, Total	27Cr	28Cr	32Cr	34Cr	36Cr
Full Time Employees	19.85T	21.02T	22.45T	24.53T	26.98T
Accumulated Allowance for Doubtful Accounts (Supple)	3.52Cr	2.74Cr	2.91Cr	3.45Cr	3.96Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	43Cr	44Cr	47Cr	53Cr	50Cr
Depreciation & Amortization - CF	16Cr	16Cr	18Cr	20Cr	22Cr
Amortization of Goodwill and Intangible Assets - (CF)	10Cr	11Cr	13Cr	14Cr	15Cr
Depreciation & Amortization, Total	26Cr	27Cr	31Cr	33Cr	37Cr
Amortization of Deferred Charges, Total - (CF)	1.03Cr	84L	88L	94L	1.19Cr
(Gain) Loss From Sale Of Asset	-	-	-9L	-	2.03Cr
(Gain) Loss on Sale of Investments - (CF)	-1.54Cr	3.31Cr	7.92Cr	-2.18Cr	41L
Stock-Based Compensation (CF)	1.49Cr	1.27Cr	1.41Cr	1.54Cr	1.72Cr
Other Operating Activities, Total	8.36Cr	-3.53Cr	1.24Cr	6.98Cr	8.19Cr
Change In Accounts Receivable	-8.1Cr	-1.07Cr	-1.3Cr	-99L	7L
Change In Inventories	-19Cr	-3.29Cr	-12Cr	11Cr	-9.43Cr
Change In Accounts Payable	28Cr	4.57Cr	19Cr	-13Cr	-35L
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	79Cr	73Cr	95Cr	90Cr	91Cr
Capital Expenditure	-2.44Cr	-2.48Cr	-3.47Cr	-4.28Cr	-4.03Cr
Sale of Property, Plant, and Equipment	12L	27L	10L	21L	1.72Cr
Cash Acquisitions	-36Cr	-44Cr	-24Cr	-34Cr	-64Cr
Divestitures	-	-	4.99Cr	-	29L
Sale (Purchase) of Intangible assets	-87L	-79L	-1.2Cr	-1.55Cr	-1.41Cr
Other Investing Activities, Total	1.51Cr	87L	1.62Cr	5.44Cr	6.14Cr
Cash from Investing	-38Cr	-46Cr	-22Cr	-34Cr	-61Cr
Long-Term Debt Issued, Total	44Cr	1.45Cr	35Cr	-	56Cr
Total Debt Issued	44Cr	1.45Cr	35Cr	-	56Cr
Long-Term Debt Repaid, Total	-27Cr	-27Cr	-28Cr	-32Cr	-31Cr
Total Debt Repaid	-27Cr	-27Cr	-28Cr	-32Cr	-31Cr
Issuance of Common Stock	4.07Cr	5.37Cr	4.21Cr	5.27Cr	6.07Cr
Repurchase of Common Stock	-4.91Cr	-3.42Cr	-7.4Cr	-7.64Cr	-32Cr
Common Dividends Paid	-17Cr	-18Cr	-19Cr	-21Cr	-23Cr
Common & Preferred Stock Dividends Paid	-17Cr	-18Cr	-19Cr	-21Cr	-23Cr
Other Financing Activities, Total	-12Cr	-3.88Cr	-17Cr	-11Cr	-14Cr
Cash from Financing	-12Cr	-46Cr	-33Cr	-67Cr	-38Cr
Foreign Exchange Rate Adjustments	9L	-2.08Cr	5.54Cr	-2.38Cr	-2.76Cr
Net Change in Cash	29Cr	-20Cr	45Cr	-13Cr	-11Cr
Supplemental Items
Cash Interest Paid	7.91Cr	6.38Cr	8.39Cr	14Cr	17Cr
Cash Income Tax Paid (Refund)	15Cr	18Cr	17Cr	19Cr	18Cr
Levered Free Cash Flow	59Cr	57Cr	65Cr	66Cr	72Cr
Unlevered Free Cash Flow	63Cr	61Cr	70Cr	75Cr	82Cr
Change In Net Working Capital	4.71Cr	5.51Cr	5.95Cr	6.06Cr	3.76Cr
Net Debt Issued / Repaid	17Cr	-26Cr	6.15Cr	-32Cr	25Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	6.65	5.78	6	5.82	5.63
Return on Total Capital	9.72	8.53	8.79	8.38	8.09
Return On Equity %	23.48	21.48	19.27	18.5	17.4
Return on Common Equity	23.48	21.48	19.27	18.5	17.39
Margin Analysis
Gross Profit Margin %	25.56	24.53	25.12	27.02	28.81
SG&A Margin	9.33	9.16	9.05	9.77	10.37
EBITDA Margin %	7.96	7.58	7.6	8.29	8.58
EBITA Margin %	7.7	7.3	7.36	8.02	8.25
EBIT Margin %	6.71	6.27	6.29	6.87	7
Income From Continuing Operations Margin %	4.25	4.31	3.94	4.46	4.25
Net Income Margin %	4.25	4.31	3.94	4.46	4.25
Net Avail. For Common Margin %	4.25	4.31	3.94	4.46	4.25
Normalized Net Income Margin	3.81	3.59	3.58	3.84	3.81
Levered Free Cash Flow Margin	5.8	5.51	5.4	5.58	6.09
Unlevered Free Cash Flow Margin	6.24	5.89	5.81	6.32	7
Asset Turnover
Asset Turnover	1.59	1.48	1.53	1.35	1.29
Fixed Assets Turnover	17.94	17.96	19.48	16.36	13.96
Receivables Turnover (Average Receivables)	9.37	8.9	9.87	9.24	9.16
Inventory Turnover (Average Inventory)	5.77	5.34	5.59	5.11	4.96
Short Term Liquidity
Current Ratio	1.42	1.34	1.4	1.4	1.18
Quick Ratio	0.85	0.77	0.86	0.88	0.72
Operating Cash Flow to Current Liabilities	0.3	0.26	0.27	0.27	0.22
Days Sales Outstanding (Average Receivables)	39.06	41.01	36.98	39.5	39.96
Days Outstanding Inventory (Average Inventory)	63.45	68.33	65.24	71.43	73.82
Average Days Payable Outstanding	50.52	53.71	52.21	58.76	57.6
Cash Conversion Cycle (Average Days)	51.98	55.62	50.01	52.17	56.18
Long Term Solvency
Total Debt/Equity	141.11	118.6	118.76	106.68	136.37
Total Debt / Total Capital	58.52	54.25	54.29	51.62	57.69
LT Debt/Equity	103.4	82.64	77.13	67.7	72.32
Long-Term Debt / Total Capital	42.89	37.8	35.26	32.76	30.6
Total Liabilities / Total Assets	71.9	69.02	68.61	66.09	70.71
EBIT / Interest Expense	9.69	10.27	9.74	5.81	4.82
EBITDA / Interest Expense	13.43	14.55	13.71	8.2	7
(EBITDA - Capex) / Interest Expense	13.08	14.16	13.26	7.89	6.77
Total Debt / EBITDA	2.88	2.86	3.03	2.77	3.18
Net Debt / EBITDA	1.86	2.01	1.62	1.52	1.98
Total Debt / (EBITDA - Capex)	2.96	2.94	3.13	2.87	3.29
Net Debt / (EBITDA - Capex)	1.91	2.07	1.67	1.58	2.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.41	1.72	17.06	-2.01	-0.18
Gross Profit, 1 Yr. Growth %	12.7	-2.41	19.9	5.4	6.42
EBITDA, 1 Yr. Growth %	19.81	-3.22	17.49	6.77	3.27
EBITA, 1 Yr. Growth %	20.23	-3.51	17.93	6.76	2.74
EBIT, 1 Yr. Growth %	25.53	-4.93	17.5	6.96	1.63
Earnings From Cont. Operations, 1 Yr. Growth %	23.14	2.98	7.14	10.92	-4.79
Net Income, 1 Yr. Growth %	23.14	2.98	7.14	10.92	-4.9
Normalized Net Income, 1 Yr. Growth %	32.13	-4.09	16.66	3.54	-0.89
Diluted EPS Before Extra, 1 Yr. Growth %	22.78	2.73	6.75	10.87	-4.68
Accounts Receivable, 1 Yr. Growth %	11.55	3.1	7.9	1.68	-0.22
Inventory, 1 Yr. Growth %	21.66	2.92	18.63	-7.29	8.62
Net Property, Plant and Equip., 1 Yr. Growth %	4.52	-1.2	17.15	16.33	17.43
Total Assets, 1 Yr. Growth %	15.36	4.17	21.83	0.93	8.94
Tangible Book Value, 1 Yr. Growth %	-4.35	7.67	-33.74	-26.06	225.02
Common Equity, 1 Yr. Growth %	10.02	14.84	23.46	9.02	-6.03
Cash From Operations, 1 Yr. Growth %	18.06	-7.23	29.8	-5	0.76
Capital Expenditures, 1 Yr. Growth %	-9.96	1.64	39.92	23.34	-5.84
Levered Free Cash Flow, 1 Yr. Growth %	12.32	-3.51	14.89	1.21	8.91
Unlevered Free Cash Flow, 1 Yr. Growth %	9.53	-3.98	15.47	6.64	10.49
Dividend Per Share, 1 Yr. Growth %	5.46	5.36	10	8.93	8.2
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	5.53	5.01	9.12	7.1	-1.1
Gross Profit, 2 Yr. CAGR %	7.72	4.88	8.17	12.42	5.91
EBITDA, 2 Yr. CAGR %	12.53	7.68	6.64	12	5.03
EBITA, 2 Yr. CAGR %	12.85	7.71	6.68	12.21	4.75
EBIT, 2 Yr. CAGR %	16.43	9.24	5.69	12.1	4.28
Earnings From Cont. Operations, 2 Yr. CAGR %	14.76	12.61	5.04	9.01	2.77
Net Income, 2 Yr. CAGR %	14.76	12.61	5.04	9.01	2.7
Normalized Net Income, 2 Yr. CAGR %	17.46	12.57	5.77	10.75	1.33
Diluted EPS Before Extra, 2 Yr. CAGR %	14.54	12.31	4.72	8.79	2.8
Accounts Receivable, 2 Yr. CAGR %	2.5	7.24	5.47	4.75	0.73
Inventory, 2 Yr. CAGR %	8.63	11.9	10.5	4.87	0.35
Net Property, Plant and Equip., 2 Yr. CAGR %	116.95	1.62	7.58	16.74	16.88
Total Assets, 2 Yr. CAGR %	10.87	9.62	12.65	10.89	4.86
Tangible Book Value, 2 Yr. CAGR %	-12.83	1.48	-15.53	-30	55.02
Common Equity, 2 Yr. CAGR %	6.42	12.4	19.07	16.01	1.21
Cash From Operations, 2 Yr. CAGR %	28.31	4.66	9.74	11.05	-2.16
Capital Expenditures, 2 Yr. CAGR %	5.55	-4.34	19.25	31.37	7.77
Levered Free Cash Flow, 2 Yr. CAGR %	32.73	4.11	5.29	7.83	5.01
Unlevered Free Cash Flow, 2 Yr. CAGR %	29.95	2.56	5.3	10.97	8.57
Dividend Per Share, 2 Yr. CAGR %	3.81	5.41	7.66	9.46	8.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.62	4.24	8.88	5.28	4.62
Gross Profit, 3 Yr. CAGR %	7.33	4.23	9.66	7.24	10.38
EBITDA, 3 Yr. CAGR %	9.61	7.01	10.86	6.68	9.03
EBITA, 3 Yr. CAGR %	9.84	7.11	11.02	6.7	8.97
EBIT, 3 Yr. CAGR %	11.37	8.83	11.93	6.11	8.51
Earnings From Cont. Operations, 3 Yr. CAGR %	11.46	10.69	10.75	6.96	4.2
Net Income, 3 Yr. CAGR %	11.46	10.69	10.75	6.96	4.16
Normalized Net Income, 3 Yr. CAGR %	11.32	9.78	13.92	5.57	6.75
Diluted EPS Before Extra, 3 Yr. CAGR %	11.12	10.46	10.42	6.73	4.1
Accounts Receivable, 3 Yr. CAGR %	3.39	2.7	7.46	4.19	3.06
Inventory, 3 Yr. CAGR %	10.38	6.69	14.1	4.22	6.11
Net Property, Plant and Equip., 3 Yr. CAGR %	66.33	66.91	6.55	10.42	16.97
Total Assets, 3 Yr. CAGR %	9.58	8.59	13.55	8.6	10.23
Tangible Book Value, 3 Yr. CAGR %	-16.66	-6.47	-11.96	-19.2	16.78
Common Equity, 3 Yr. CAGR %	9.83	9.16	15.97	15.62	8.14
Cash From Operations, 3 Yr. CAGR %	18.44	15.16	12.45	4.59	7.51
Capital Expenditures, 3 Yr. CAGR %	-2.47	4.23	8.59	20.6	17.57
Levered Free Cash Flow, 3 Yr. CAGR %	19.24	19.35	7.59	3.91	8.2
Unlevered Free Cash Flow, 3 Yr. CAGR %	18.46	17.48	6.69	5.75	10.82
Dividend Per Share, 3 Yr. CAGR %	5.56	4.33	6.92	8.08	9.04
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.27	6.72	7.01	5.38	4.77
Gross Profit, 5 Yr. CAGR %	10.59	6.88	7.67	7.43	8.15
EBITDA, 5 Yr. CAGR %	11.27	7.4	8.41	8.98	8.49
EBITA, 5 Yr. CAGR %	11.54	7.48	8.56	9.12	8.47
EBIT, 5 Yr. CAGR %	12.03	7.82	9.06	10.13	8.81
Earnings From Cont. Operations, 5 Yr. CAGR %	13.07	10.74	8.85	10.02	7.49
Net Income, 5 Yr. CAGR %	13.07	10.74	8.85	10.02	7.46
Normalized Net Income, 5 Yr. CAGR %	12.44	8.27	9.07	10.17	9.04
Diluted EPS Before Extra, 5 Yr. CAGR %	12.82	10.58	8.52	9.79	7.31
Accounts Receivable, 5 Yr. CAGR %	8.64	4.58	4.22	3.51	4.72
Inventory, 5 Yr. CAGR %	12.52	8.93	10.43	5.96	8.39
Net Property, Plant and Equip., 5 Yr. CAGR %	38.61	35.79	39.73	44.67	10.57
Total Assets, 5 Yr. CAGR %	12.31	9.56	10.8	9.5	9.99
Tangible Book Value, 5 Yr. CAGR %	-3.66	-2.38	-16.21	-16.71	10.4
Common Equity, 5 Yr. CAGR %	13.56	10.92	13.44	11.85	9.83
Cash From Operations, 5 Yr. CAGR %	19.1	12.52	14.88	13.5	6.36
Capital Expenditures, 5 Yr. CAGR %	4.8	6.5	5.7	14.34	8.26
Levered Free Cash Flow, 5 Yr. CAGR %	23.14	27.58	13.45	14.6	6.55
Unlevered Free Cash Flow, 5 Yr. CAGR %	21.78	24.88	13.01	14.83	7.44
Dividend Per Share, 5 Yr. CAGR %	7.32	6.3	6.39	6.35	7.57