Cash flow ERICSSON

Equities

ERIC B

SE0000108656

Communications & Networking

Market Closed - Nasdaq Stockholm Other stock markets 10:30:00 22/01/2026 pm IST			5-day change	1st Jan Change
85.78 ^SEK	-0.83%		-2.88%	-5.32%

12:22pm	Ericsson's Board to Seek Approval For SEK15 Billion Share Buyback Program	MT
11:59am	Ericsson Logs Rise in FY25 Attributable Net Income; Net Sales Decline	MT

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Published financial data: ERICSSON

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	23TCr	23TCr	27TCr	26TCr	25TCr
Total Revenues	23TCr	23TCr	27TCr	26TCr	25TCr
Cost of Goods Sold, Total	14TCr	13TCr	16TCr	16TCr	14TCr
Gross Profit	9.44TCr	10TCr	11TCr	10TCr	11TCr
Selling General & Admin Expenses, Total	2.63TCr	2.68TCr	3.55TCr	3.84TCr	5.15TCr
Provision for Bad Debts	-12Cr	4Cr	4Cr	27Cr	26Cr
R&D Expenses	3.92TCr	4.18TCr	4.72TCr	4.82TCr	5.14TCr
Other Operating Expenses	-74Cr	-30Cr	124.9Cr	-30Cr	-14Cr
Other Operating Expenses, Total	6.46TCr	6.83TCr	8.39TCr	8.66TCr	10TCr
Operating Income	2.98TCr	3.27TCr	2.96TCr	1.78TCr	843.7Cr
Interest Expense, Total	-159.4Cr	-95Cr	-143.6Cr	-274.6Cr	-290.7Cr
Interest And Investment Income	80Cr	36Cr	72Cr	189.7Cr	251.5Cr
Net Interest Expenses	-80Cr	-59Cr	-72Cr	-85Cr	-39Cr
Income (Loss) On Equity Invest.	-30Cr	-26Cr	1.7Cr	12Cr	-25Cr
Currency Exchange Gains (Loss)	83Cr	-154.7Cr	-125.9Cr	-102Cr	-36Cr
Other Non Operating Income (Expenses)	-72Cr	-39Cr	-7.2Cr	-61Cr	-47Cr
EBT, Excl. Unusual Items	2.88TCr	2.99TCr	2.75TCr	1.54TCr	697.7Cr
Restructuring Charges	-130.6Cr	-55Cr	-46Cr	-652.1Cr	-501.2Cr
Merger & Related Restructuring Charges	-9.2Cr	-1.1Cr	-44Cr	-3.6Cr	-
Impairment of Goodwill	-	-11Cr	-	-3.19TCr	-126Cr
Gain (Loss) On Sale Of Investments	-30L	73Cr	-10Cr	50Cr	-4.7Cr
Gain (Loss) On Sale Of Assets	-7.4Cr	24Cr	39Cr	-77Cr	3.1Cr
Asset Writedown	-14Cr	-14Cr	-	-	-
Legal Settlements	-	-	-	-	190Cr
Other Unusual Items	-	-80Cr	-230Cr	-	-
EBT, Incl. Unusual Items	2.72TCr	2.92TCr	2.46TCr	-2.33TCr	258.9Cr
Income Tax Expense	958.9Cr	627Cr	549.7Cr	278.5Cr	221.5Cr
Earnings From Continuing Operations	1.76TCr	2.3TCr	1.91TCr	-2.61TCr	37Cr
Net Income to Company	1.76TCr	2.3TCr	1.91TCr	-2.61TCr	37Cr
Minority Interest	-14Cr	-29Cr	-39Cr	-34Cr	-35Cr
Net Income - (IS)	1.75TCr	2.27TCr	1.87TCr	-2.64TCr	2Cr
Net Income to Common Incl Extra Items	1.75TCr	2.27TCr	1.87TCr	-2.64TCr	2Cr
Net Income to Common Excl. Extra Items	1.75TCr	2.27TCr	1.87TCr	-2.64TCr	2Cr
Per Share Items
Net EPS - Basic	5.26	6.82	5.62	-7.94	0.01
Basic EPS - Continuing Operations	5.26	6.82	5.62	-7.94	0.01
Basic Weighted Average Shares Outstanding	332.3Cr	332.9Cr	333Cr	333Cr	333.2Cr
Net EPS - Diluted	5.26	6.81	5.62	-7.94	0.01
Diluted EPS - Continuing Operations	5.26	6.81	5.62	-7.94	0.01
Diluted Weighted Average Shares Outstanding	332.6Cr	333.2Cr	333.4Cr	333Cr	333.9Cr
Normalized Basic EPS	5.38	5.53	5.05	2.79	1.2
Normalized Diluted EPS	5.37	5.52	5.04	2.79	1.2
Dividend Per Share	2	2.5	2.7	2.7	2.85
Payout Ratio	28.51	29.34	44.46	-34	44.98T
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	3.45TCr	3.75TCr	3.57TCr	2.53TCr	1.48TCr
EBITA	3.09TCr	3.38TCr	3.15TCr	2.11TCr	1.09TCr
EBIT	2.98TCr	3.27TCr	2.96TCr	1.78TCr	843.7Cr
EBITDAR	3.53TCr	3.82TCr	3.64TCr	2.61TCr	1.57TCr
Effective Tax Rate - (Ratio)	35.24	21.44	22.34	-11.94	85.55
Total Current Taxes	564.5Cr	644.7Cr	710Cr	417.1Cr	662.3Cr
Total Deferred Taxes	391.1Cr	-19Cr	-161.7Cr	-140.6Cr	-456.3Cr
Normalized Net Income	1.79TCr	1.84TCr	1.68TCr	928.49Cr	400.66Cr
Interest on Long-Term Debt	49Cr	43Cr	46Cr	46Cr	42Cr
Non-Cash Pension Expense	36Cr	30Cr	71Cr	89Cr	68Cr
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	4.06TCr	4.34TCr	4.89TCr	5.18TCr	5.5TCr
Net Rental Expense, Total	78Cr	67Cr	79Cr	74Cr	90Cr
Imputed Operating Lease Interest Expense	23Cr	13Cr	22Cr	34Cr	42Cr
Imputed Operating Lease Depreciation	55Cr	55Cr	58Cr	40Cr	48Cr
Stock-Based Comp., Other (Total)	156.6Cr	134.6Cr	45Cr	137.1Cr	207.3Cr
Total Stock-Based Compensation	156.6Cr	134.6Cr	45Cr	137.1Cr	207.3Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	4.36TCr	5.4TCr	3.83TCr	3.52TCr	4.39TCr
Short Term Investments	682Cr	1.29TCr	873.6Cr	958.4Cr	1.25TCr
Total Cash And Short Term Investments	5.04TCr	6.7TCr	4.71TCr	4.48TCr	5.64TCr
Accounts Receivable, Total	5.53TCr	5.86TCr	6.32TCr	5.58TCr	5.54TCr
Other Receivables	1.22TCr	1.1TCr	1.36TCr	1.38TCr	1.25TCr
Total Receivables	6.74TCr	6.96TCr	7.68TCr	6.96TCr	6.79TCr
Inventory	2.81TCr	3.52TCr	4.58TCr	3.61TCr	2.71TCr
Prepaid Expenses	185.7Cr	229Cr	250.6Cr	255.2Cr	265.9Cr
Other Current Assets, Total	197.8Cr	74Cr	159.4Cr	197.9Cr	23Cr
Total Current Assets	15TCr	17TCr	17TCr	15TCr	15TCr
Gross Property Plant And Equipment	5.42TCr	5.9TCr	6.53TCr	6.36TCr	6.58TCr
Accumulated Depreciation	-3.28TCr	-3.74TCr	-4.32TCr	-4.51TCr	-4.88TCr
Net Property Plant And Equipment	2.14TCr	2.15TCr	2.21TCr	1.85TCr	1.7TCr
Long-term Investments	2.44TCr	3.38TCr	1.24TCr	1.32TCr	2.26TCr
Goodwill	3.49TCr	3.82TCr	8.46TCr	5.29TCr	5.61TCr
Other Intangibles, Total	480.5Cr	383Cr	2.63TCr	2.27TCr	795.4Cr
Accounts Receivable Long-Term	122.1Cr	57Cr	42Cr	134.7Cr	19Cr
Deferred Tax Assets Long-Term	2.63TCr	2.31TCr	1.94TCr	2.24TCr	2.44TCr
Deferred Charges Long-Term	385.7Cr	352.8Cr	370.5Cr	467.8Cr	459.3Cr
Other Long-Term Assets, Total	484.2Cr	621.7Cr	683.9Cr	635Cr	516.1Cr
Total Assets	27TCr	31TCr	35TCr	30TCr	29TCr
Liabilities
Accounts Payable, Total	3.2TCr	3.57TCr	3.84TCr	2.78TCr	3.02TCr
Accrued Expenses, Total	2.91TCr	3.19TCr	3.69TCr	2.76TCr	3.34TCr
Short-term Borrowings	267.3Cr	13Cr	311.9Cr	866Cr	218.4Cr
Current Portion of Long-Term Debt	536.9Cr	955Cr	287.3Cr	899.5Cr	395.8Cr
Current Portion of Leases	219.6Cr	222.4Cr	248.6Cr	223.5Cr	213.2Cr
Current Income Taxes Payable	-	291.7Cr	264Cr	356.1Cr	332.2Cr
Unearned Revenue Current, Total	2.64TCr	3.28TCr	4.23TCr	3.44TCr	4.12TCr
Other Current Liabilities	1.66TCr	1.17TCr	1.69TCr	1.61TCr	1.55TCr
Total Current Liabilities	11TCr	13TCr	15TCr	13TCr	13TCr
Long-Term Debt	2.22TCr	2.22TCr	2.69TCr	2.92TCr	3.19TCr
Long-Term Leases	710.4Cr	707.9Cr	681.8Cr	522Cr	536.3Cr
Pension & Other Post Retirement Benefits	3.74TCr	3.6TCr	2.74TCr	2.62TCr	2.44TCr
Deferred Tax Liability Non Current	108.9Cr	88Cr	478.4Cr	388Cr	129.5Cr
Other Non Current Liabilities	426.9Cr	530.9Cr	470.4Cr	568.2Cr	450.7Cr
Total Liabilities	19TCr	20TCr	22TCr	20TCr	20TCr
Common Stock, Total	1.67TCr	1.67TCr	1.67TCr	1.67TCr	1.67TCr
Additional Paid In Capital	2.47TCr	2.47TCr	2.47TCr	2.47TCr	2.47TCr
Retained Earnings	4.8TCr	6.69TCr	8.52TCr	5.05TCr	4.23TCr
Comprehensive Income and Other	-268.9Cr	45Cr	820.1Cr	675.9Cr	1.05TCr
Total Common Equity	8.67TCr	11TCr	13TCr	9.87TCr	9.43TCr
Minority Interest	-149.7Cr	-167.6Cr	-151Cr	-126.5Cr	-130.1Cr
Total Equity	8.52TCr	11TCr	13TCr	9.74TCr	9.3TCr
Total Liabilities And Equity	27TCr	31TCr	35TCr	30TCr	29TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	332.81Cr	333.01Cr	333.01Cr	333.01Cr	333.27Cr
ECS Total Common Shares Outstanding	332.81Cr	333.01Cr	333.01Cr	333.01Cr	333.27Cr
Book Value / Share	26.04	32.66	40.48	29.63	28.29
Tangible Book Value	4.69TCr	6.67TCr	2.39TCr	2.31TCr	3.03TCr
Tangible Book Value Per Share	14.1	20.04	7.18	6.93	9.08
Total Debt	3.96TCr	4.12TCr	4.22TCr	5.43TCr	4.55TCr
Net Debt	-1.09TCr	-2.58TCr	-484.3Cr	955.4Cr	-1.09TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.46TCr	3.22TCr	2.32TCr	2.29TCr	2.22TCr
Debt Equivalent Oper. Leases	624Cr	537.6Cr	635.2Cr	594.4Cr	723.2Cr
Minority Interest, Total (Incl. Fin. Div)	-149.7Cr	-167.6Cr	-151Cr	-126.5Cr	-130.1Cr
Equity Method Investments, Total	127.4Cr	94Cr	112.7Cr	115Cr	117.9Cr
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	951Cr	1.16TCr	1.69TCr	-	-
Inventories - Work In Process, Total	987.8Cr	1.24TCr	1.46TCr	1.19TCr	847.6Cr
Inventories - Finished Goods, Total	870.9Cr	1.12TCr	1.44TCr	2.42TCr	1.17TCr
Inventories - Others	-	-	-	-	694.8Cr
Machinery, Total	3.48TCr	3.74TCr	4.08TCr	3.95TCr	4.03TCr
Full Time Employees	1L	1L	1L	99.52T	93.9T
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	251.8Cr	239.8Cr	249.1Cr	258.5Cr	282.7Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	1.75TCr	2.27TCr	1.87TCr	-2.64TCr	2Cr
Depreciation & Amortization - CF	598.9Cr	595.1Cr	656.5Cr	669.9Cr	604Cr
Amortization of Goodwill and Intangible Assets - (CF)	108.3Cr	116.4Cr	199.1Cr	332.1Cr	250Cr
Depreciation & Amortization, Total	707.2Cr	711.5Cr	855.6Cr	1TCr	854Cr
Amortization of Deferred Charges, Total - (CF)	91Cr	134.3Cr	158.6Cr	113.7Cr	148Cr
(Gain) Loss From Sale Of Asset	7.4Cr	-24Cr	-44Cr	77Cr	-7.3Cr
(Gain) Loss on Sale of Investments - (CF)	30L	-170.1Cr	-19Cr	-50Cr	11Cr
Asset Writedown & Restructuring Costs	70Cr	51Cr	40Cr	3.27TCr	1.57TCr
(Income) Loss On Equity Investments - (CF)	41Cr	36Cr	5.5Cr	-5.8Cr	46Cr
Other Operating Activities, Total	589.6Cr	498.5Cr	155Cr	152.3Cr	-280.2Cr
Change In Accounts Receivable	-318.5Cr	155.1Cr	476.6Cr	633.3Cr	257.6Cr
Change In Inventories	38Cr	-556.5Cr	-774Cr	930.4Cr	1.02TCr
Change In Accounts Payable	430.3Cr	138.5Cr	-199.5Cr	-1TCr	50Cr
Change in Unearned Revenues	-56Cr	401.4Cr	579.4Cr	-708.8Cr	459.8Cr
Change in Other Net Operating Assets	-454.7Cr	261.7Cr	-21Cr	-1.05TCr	493.9Cr
Cash from Operations	2.89TCr	3.91TCr	3.09TCr	717.7Cr	4.63TCr
Capital Expenditure	-441.5Cr	-360.9Cr	-443Cr	-321Cr	-213.2Cr
Sale of Property, Plant, and Equipment	25Cr	12Cr	25Cr	16Cr	12Cr
Cash Acquisitions	-953.4Cr	-26Cr	-5.17TCr	-130.9Cr	-14Cr
Divestitures	40L	27Cr	2Cr	-63Cr	-
Sale (Purchase) of Real Estate properties	-7.8Cr	-5.4Cr	-4.7Cr	-8.7Cr	-21Cr
Sale (Purchase) of Intangible assets	-82Cr	-96Cr	-172Cr	-217.3Cr	-130Cr
Investment in Marketable and Equity Securities, Total	-141.6Cr	-1.53TCr	2.7TCr	-376.3Cr	-854.5Cr
Other Investing Activities, Total	80Cr	-13Cr	-372Cr	229.9Cr	-374.2Cr
Cash from Investing	-1.52TCr	-1.99TCr	-3.44TCr	-871.3Cr	-1.6TCr
Long-Term Debt Issued, Total	440Cr	788.2Cr	1.08TCr	1.97TCr	361.5Cr
Total Debt Issued	440Cr	788.2Cr	1.08TCr	1.97TCr	361.5Cr
Long-Term Debt Repaid, Total	-1.11TCr	-815.9Cr	-1.86TCr	-1.07TCr	-1.84TCr
Total Debt Repaid	-1.11TCr	-815.9Cr	-1.86TCr	-1.07TCr	-1.84TCr
Issuance of Common Stock	16Cr	4.2Cr	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-498.5Cr	-665.8Cr	-832.5Cr	-899.1Cr	-899.7Cr
Common & Preferred Stock Dividends Paid	-498.5Cr	-665.8Cr	-832.5Cr	-899.1Cr	-899.7Cr
Other Financing Activities, Total	-101Cr	-241.4Cr	26Cr	101.1Cr	-7.4Cr
Cash from Financing	-1.25TCr	-930.7Cr	-1.59TCr	100.7Cr	-2.39TCr
Foreign Exchange Rate Adjustments	-270.7Cr	56Cr	376.3Cr	-263Cr	225.1Cr
Net Change in Cash	-146.7Cr	1.04TCr	-1.57TCr	-315.9Cr	869.5Cr
Supplemental Items
Cash Interest Paid	143.4Cr	97Cr	125Cr	228Cr	304.3Cr
Cash Income Tax Paid (Refund)	431.3Cr	409.4Cr	560Cr	536.8Cr	630.4Cr
Levered Free Cash Flow	2.38TCr	2.76TCr	2.52TCr	539.66Cr	3.85TCr
Unlevered Free Cash Flow	2.48TCr	2.82TCr	2.61TCr	711.29Cr	4.04TCr
Change In Net Working Capital	-186.7Cr	-250.5Cr	-320Cr	1.11TCr	-2.64TCr
Net Debt Issued / Repaid	-666Cr	-28Cr	-786.7Cr	898.7Cr	-1.48TCr

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	6.8	7.08	5.64	3.43	1.79
Return on Total Capital	14.65	14.96	11.41	6.78	3.63
Return On Equity %	21.1	23.9	15.9	-22.63	0.39
Return on Common Equity	20.66	23.22	15.37	-22.65	0.02
Margin Analysis
Gross Profit Margin %	40.64	43.49	41.79	39.64	44.95
SG&A Margin	11.33	11.54	13.06	14.6	20.76
EBITDA Margin %	14.84	16.15	13.13	9.63	5.97
EBITA Margin %	13.29	14.57	11.62	8	4.41
EBIT Margin %	12.83	14.07	10.88	6.74	3.4
Income From Continuing Operations Margin %	7.58	9.89	7.04	-9.91	0.15
Net Income Margin %	7.52	9.77	6.9	-10.04	0.01
Net Avail. For Common Margin %	7.52	9.77	6.9	-10.04	0.01
Normalized Net Income Margin	7.69	7.92	6.19	3.53	1.62
Levered Free Cash Flow Margin	10.25	11.87	9.29	2.05	15.55
Unlevered Free Cash Flow Margin	10.68	12.12	9.62	2.7	16.28
Asset Turnover
Asset Turnover	0.85	0.81	0.83	0.81	0.84
Fixed Assets Turnover	10.64	10.83	12.45	12.97	13.95
Receivables Turnover (Average Receivables)	4.15	4.08	4.46	4.43	4.46
Inventory Turnover (Average Inventory)	4.68	4.15	3.9	3.88	4.32
Short Term Liquidity
Current Ratio	1.31	1.38	1.19	1.2	1.17
Quick Ratio	1.03	1.08	0.85	0.88	0.94
Operating Cash Flow to Current Liabilities	0.25	0.31	0.21	0.06	0.35
Days Sales Outstanding (Average Receivables)	88.19	89.46	81.88	82.46	82.09
Days Outstanding Inventory (Average Inventory)	78.22	87.93	93.54	94.06	84.75
Average Days Payable Outstanding	84.46	89.26	80.17	81	83.15
Cash Conversion Cycle (Average Days)	81.94	88.13	95.25	95.52	83.69
Long Term Solvency
Total Debt/Equity	46.44	38.49	31.69	55.77	48.98
Total Debt / Total Capital	31.71	27.79	24.06	35.8	32.88
LT Debt/Equity	34.42	27.38	25.33	35.35	40.08
Long-Term Debt / Total Capital	23.51	19.77	19.23	22.7	26.9
Total Liabilities / Total Assets	68.63	64.96	61.86	67.21	68.2
EBIT / Interest Expense	18.7	34.36	20.58	6.47	2.9
EBITDA / Interest Expense	23.14	41.84	26.54	10.11	5.84
(EBITDA - Capex) / Interest Expense	20.37	38.05	23.45	8.95	5.11
Total Debt / EBITDA	1.07	1.04	1.11	1.96	2.68
Net Debt / EBITDA	-0.29	-0.65	-0.13	0.34	-0.64
Total Debt / (EBITDA - Capex)	1.22	1.14	1.25	2.21	3.07
Net Debt / (EBITDA - Capex)	-0.33	-0.71	-0.14	0.39	-0.73
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.28	-0.03	16.89	-3.02	-5.87
Gross Profit, 1 Yr. Growth %	10.91	6.96	12.34	-8.01	6.71
EBITDA, 1 Yr. Growth %	29.74	9.48	-1.82	-28.91	-41.62
EBITA, 1 Yr. Growth %	34.31	10.36	-3.37	-33.18	-48.11
EBIT, 1 Yr. Growth %	35.61	10.47	-6.12	-39.92	-52.48
Earnings From Cont. Operations, 1 Yr. Growth %	857.77	30.4	-16.83	-236.58	-101.43
Net Income, 1 Yr. Growth %	686.46	29.81	-17.49	-241.24	-100.08
Normalized Net Income, 1 Yr. Growth %	41.58	3.4	-5.6	-44.77	-56.66
Diluted EPS Before Extra, 1 Yr. Growth %	685.07	29.47	-17.47	-241.31	-100.08
Accounts Receivable, 1 Yr. Growth %	-2.61	6.1	7.82	-11.75	-0.68
Inventory, 1 Yr. Growth %	-8.96	25.15	30.38	-21.32	-24.81
Net Property, Plant and Equip., 1 Yr. Growth %	-4.36	0.77	2.68	-16.24	-8.01
Total Assets, 1 Yr. Growth %	-1.76	12.55	14.37	-15.02	-1.57
Tangible Book Value, 1 Yr. Growth %	-3.98	42.23	-64.18	-3.52	31.18
Common Equity, 1 Yr. Growth %	4.98	25.5	23.94	-26.81	-4.45
Cash From Operations, 1 Yr. Growth %	71.48	35.02	-21	-76.75	544.57
Capital Expenditures, 1 Yr. Growth %	-12.35	-18.26	22.75	-27.54	-33.58
Levered Free Cash Flow, 1 Yr. Growth %	-8.92	16.25	-5.98	-78.61	614.27
Unlevered Free Cash Flow, 1 Yr. Growth %	-9.32	14.64	-4.75	-72.78	467.47
Dividend Per Share, 1 Yr. Growth %	33.33	25	8	0	5.56
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.99	1.12	8.1	6.47	-4.46
Gross Profit, 2 Yr. CAGR %	12.87	8.92	9.62	1.66	-0.92
EBITDA, 2 Yr. CAGR %	53.58	19.49	2.4	-16.46	-35.58
EBITA, 2 Yr. CAGR %	64.98	22.13	1.86	-19.65	-41.12
EBIT, 2 Yr. CAGR %	72.97	22.8	0.39	-24.9	-46.57
Earnings From Cont. Operations, 2 Yr. CAGR %	67.57	253.4	4.14	6.58	-86.01
Net Income, 2 Yr. CAGR %	63.63	219.51	3.49	7.95	-96.73
Normalized Net Income, 2 Yr. CAGR %	103.43	20.87	-2.79	-27.79	-51.31
Diluted EPS Before Extra, 2 Yr. CAGR %	62.82	218.81	3.37	7.99	-96.73
Accounts Receivable, 2 Yr. CAGR %	-8.54	1.65	6.96	-2.45	-6.38
Inventory, 2 Yr. CAGR %	-2	6.74	27.74	1.28	-23.08
Net Property, Plant and Equip., 2 Yr. CAGR %	28.94	-1.83	1.72	-7.26	-12.22
Total Assets, 2 Yr. CAGR %	0.51	5.16	13.46	-1.41	-8.54
Tangible Book Value, 2 Yr. CAGR %	-6.32	16.86	-28.63	-41.22	12.5
Common Equity, 2 Yr. CAGR %	-0.18	14.78	24.72	-4.76	-16.37
Cash From Operations, 2 Yr. CAGR %	75.99	52.16	3.28	-57.14	22.43
Capital Expenditures, 2 Yr. CAGR %	5.39	-15.35	-0.7	-6.39	-30.99
Levered Free Cash Flow, 2 Yr. CAGR %	24.81	4.18	4.7	-54.71	24.88
Unlevered Free Cash Flow, 2 Yr. CAGR %	23.82	3.07	4.63	-48.58	25.53
Dividend Per Share, 2 Yr. CAGR %	41.42	29.1	16.19	3.92	2.74
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.2	3.29	6.12	4.26	2.19
Gross Profit, 3 Yr. CAGR %	21.11	10.86	10.05	3.4	3.32
EBITDA, 3 Yr. CAGR %	115.48	36.89	10.71	-9.33	-25.86
EBITA, 3 Yr. CAGR %	59.94	43.93	11.61	-11.5	-30.55
EBIT, 3 Yr. CAGR %	47.88	48.57	10.89	-15.4	-35.53
Earnings From Cont. Operations, 3 Yr. CAGR %	-18.4	54.13	118.19	13.99	-74.66
Net Income, 3 Yr. CAGR %	-18.73	51.47	103.46	14.79	-90.41
Normalized Net Income, 3 Yr. CAGR %	39.05	62.09	10.11	-19.49	-39.18
Diluted EPS Before Extra, 3 Yr. CAGR %	-19.12	50.84	103.18	14.72	-90.41
Accounts Receivable, 3 Yr. CAGR %	-4.27	-3.9	3.67	0.32	-1.86
Inventory, 3 Yr. CAGR %	3.22	6.32	14.1	8.69	-8.29
Net Property, Plant and Equip., 3 Yr. CAGR %	18.44	18.77	-0.35	-4.66	-7.51
Total Assets, 3 Yr. CAGR %	1.47	4.38	8.14	3.04	-1.47
Tangible Book Value, 3 Yr. CAGR %	-10.28	7.67	-21.21	-21.08	-23.18
Common Equity, 3 Yr. CAGR %	-3.66	7.74	17.76	4.42	-4.65
Cash From Operations, 3 Yr. CAGR %	44.44	61.11	22.3	-37.17	5.8
Capital Expenditures, 3 Yr. CAGR %	4.43	-3.17	-4.19	-10.6	-16.51
Levered Free Cash Flow, 3 Yr. CAGR %	14.41	21.71	-0.25	-38.32	13.58
Unlevered Free Cash Flow, 3 Yr. CAGR %	14.29	20.28	-0.5	-33.19	14.48
Dividend Per Share, 3 Yr. CAGR %	25.99	35.72	21.64	10.52	4.46
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.21	1.07	5.74	4.55	1.76
Gross Profit, 5 Yr. CAGR %	1.4	8.01	16.38	7.09	5.52
EBITDA, 5 Yr. CAGR %	-0.62	13.68	59.56	11.63	-10.85
EBITA, 5 Yr. CAGR %	0.01	17.15	33.1	13.18	-13.58
EBIT, 5 Yr. CAGR %	2.19	20.83	26.24	12.25	-17.19
Earnings From Cont. Operations, 5 Yr. CAGR %	5.21	86.74	-10.04	32.99	-27.29
Net Income, 5 Yr. CAGR %	5.23	93.67	-10.48	32.28	-61.02
Normalized Net Income, 5 Yr. CAGR %	3.08	23.75	20.38	16.54	-20.47
Diluted EPS Before Extra, 5 Yr. CAGR %	4.96	93.66	-10.78	31.97	-61.06
Accounts Receivable, 5 Yr. CAGR %	-5.86	-3.14	0.07	-3.32	-0.47
Inventory, 5 Yr. CAGR %	-0.24	2.15	12.41	4.28	-2.55
Net Property, Plant and Equip., 5 Yr. CAGR %	6.08	5.17	11.45	7.58	-5.28
Total Assets, 5 Yr. CAGR %	-0.92	1.47	6.11	2.02	1.13
Tangible Book Value, 5 Yr. CAGR %	-13.36	-4.37	-18.13	-15.48	-9.14
Common Equity, 5 Yr. CAGR %	-9.97	-4.17	6.82	2.56	2.69
Cash From Operations, 5 Yr. CAGR %	7.03	22.76	26.31	-5.14	22.35
Capital Expenditures, 5 Yr. CAGR %	-11.94	-10.05	2.7	-4.18	-15.8
Levered Free Cash Flow, 5 Yr. CAGR %	20.94	15.13	9.66	-18.8	8.7
Unlevered Free Cash Flow, 5 Yr. CAGR %	19.92	14.31	9.46	-15.16	8.77
Dividend Per Share, 5 Yr. CAGR %	-11.58	20.11	21.98	21.98	13.7