Income Statement Iberdrola, S.A.

Equities

IBE

ES0144580Y14

Electric Utilities

Real-time Estimate Tradegate Other stock markets 02:52:05 08/07/2025 pm IST			5-day change	1st Jan Change
15.58 ^EUR	-0.93%		-4.79%	+17.29%

12:16pm	Spanish stocks - Factors to watch on July 8	RE
07/07	IBERDROLA SA : UBS reaffirms its Buy rating	ZD

6b4c36f0a761e7967eadd8d.FmuSP441rY711oZCHt8Z7o21m8Mag2KuRwxygFoyHyI.dR_Zaslv5duQvvAJZrlxi_7y6It04FPKBHQT1z9kbndhAORVyE391r2Dxw

Published financial data: IBERDROLA, S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues - (Utility Template)	3.31TCr	3.91TCr	5.39TCr	4.93TCr	4.47TCr
Total Revenues	3.31TCr	3.91TCr	5.39TCr	4.93TCr	4.47TCr
Selling General & Admin Expenses, Total	284.1Cr	299.8Cr	366.5Cr	400.9Cr	420.4Cr
Depreciation & Amortization - (IS) - (Collected)	-	426.6Cr	477.2Cr	476.7Cr	508Cr
Amortization of Goodwill and Intangible Assets - (IS)	404Cr	-	-	-	-
Provision for Bad Debts	38Cr	37Cr	47Cr	62Cr	47Cr
Other Operating Expenses	2.04TCr	2.42TCr	3.71TCr	3.1TCr	2.38TCr
Total Operating Expenses	2.76TCr	3.18TCr	4.6TCr	4.03TCr	3.36TCr
Operating Income (REIT / Utility Template)	553.2Cr	733Cr	795.7Cr	899Cr	1.12TCr
Interest Expense, Total	-98Cr	-112.7Cr	-169.9Cr	-207.1Cr	-199.7Cr
Interest and Investment Income	14Cr	42Cr	44Cr	52Cr	70Cr
Net Interest Expenses	-84Cr	-71Cr	-125.5Cr	-155.3Cr	-129.2Cr
Income (Loss) on Equity Invest.	-40L	-3.9Cr	15Cr	24Cr	-3.7Cr
Currency Exchange Gains (Loss)	-20L	1.1Cr	-2.4Cr	-40L	6.1Cr
Other Non Operating Income (Expenses)	-2.2Cr	-20Cr	-45Cr	-46Cr	-16Cr
EBT, Excl. Unusual Items	466.1Cr	639.5Cr	637.1Cr	721.3Cr	975Cr
Restructuring Charges	-2.8Cr	-2.2Cr	-3.4Cr	-7.5Cr	-8.1Cr
Total Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-
Gain (Loss) on Sale of Assets	51Cr	-	-	-	6.8Cr
Asset Writedown	-5.3Cr	-2.8Cr	-20L	-5.9Cr	-156.8Cr
Legal Settlements	-4Cr	-4.4Cr	-4.3Cr	-5.4Cr	-5.2Cr
EBT, Incl. Unusual Items	505.3Cr	630.1Cr	629.2Cr	702.5Cr	811.7Cr
Income Tax Expense	108.3Cr	191.4Cr	116.1Cr	161Cr	215Cr
Earnings From Continuing Operations	397Cr	438.7Cr	513.1Cr	541.5Cr	596.7Cr
Earnings Of Discontinued Operations	-1.8Cr	-3.5Cr	-7.1Cr	-2.1Cr	-1.9Cr
Net Income to Company	395.2Cr	435.2Cr	506Cr	539.4Cr	594.8Cr
Minority Interest	-34Cr	-47Cr	-72Cr	-59Cr	-34Cr
Net Income - (IS)	361.1Cr	388.5Cr	433.9Cr	480.3Cr	561.2Cr
Preferred Dividend and Other Adjustments	7.4Cr	16Cr	17Cr	20Cr	22Cr
Net Income to Common Incl Extra Items	353.7Cr	373Cr	417Cr	460Cr	539.3Cr
Net Income to Common Excl. Extra Items	355.5Cr	376.5Cr	424.1Cr	462.1Cr	541.2Cr
Per Share Items
Net EPS - Basic	0.55	0.58	0.64	0.72	0.83
Basic EPS - Continuing Operations	0.55	0.58	0.66	0.72	0.83
Basic Weighted Average Shares Outstanding	643.71Cr	643.95Cr	647.29Cr	643.16Cr	653.22Cr
Net EPS - Diluted	0.55	0.58	0.64	0.71	0.83
Diluted EPS - Continuing Operations	0.55	0.58	0.65	0.72	0.83
Diluted Weighted Average Shares Outstanding	644.82Cr	645.24Cr	648.72Cr	644.81Cr	654.82Cr
Normalized Basic EPS	0.4	0.55	0.5	0.61	0.88
Normalized Diluted EPS	0.4	0.55	0.5	0.61	0.88
Dividend Per Share	0.42	0.44	0.5	0.55	0.64
Payout Ratio	15.56	14.67	19.8	19.76	20.78
American Depositary Receipts Ratio (ADR)	4	4	4	4	4
Supplemental Items
Utility Revenues	3.3TCr	3.76TCr	5.2TCr	1.99TCr	1.92TCr
Non Utility Revenues	11Cr	153.8Cr	193.9Cr	2.94TCr	2.55TCr
EBITDA	917.6Cr	1.12TCr	1.23TCr	1.33TCr	1.66TCr
EBITA	613.6Cr	800.9Cr	880.3Cr	982.3Cr	1.21TCr
EBIT	553.2Cr	733Cr	795.7Cr	899Cr	1.12TCr
EBITDAR	918.7Cr	1.12TCr	1.23TCr	1.33TCr	1.66TCr
Effective Tax Rate - (Ratio)	21.43	30.38	18.45	22.92	26.49
Total Current Taxes	50Cr	109.8Cr	108.2Cr	159.1Cr	243.4Cr
Total Deferred Taxes	57Cr	81Cr	5.4Cr	1.2Cr	-29Cr
Normalized Net Income	257.21Cr	352.99Cr	326.09Cr	391.71Cr	575.78Cr
Interest Capitalized	15Cr	14Cr	19Cr	38Cr	54Cr
Interest on Long-Term Debt	6.1Cr	6.7Cr	7.8Cr	7.9Cr	8.7Cr
Non-Cash Pension Expense	2.5Cr	-5.4Cr	-8.3Cr	2.1Cr	-2.6Cr
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	29Cr	34Cr	36Cr	36Cr	40Cr
Net Rental Expense, Total	1.1Cr	1Cr	1.7Cr	2.1Cr	6.6Cr
Imputed Operating Lease Interest Expense	24.35L	24.27L	52.88L	78.33L	2.36Cr
Imputed Operating Lease Depreciation	85.65L	75.73L	1.17Cr	1.32Cr	4.24Cr
Stock-Based Comp., SG&A Exp. (Total)	-	6.2Cr	6.3Cr	90L	4.5Cr
Total Stock-Based Compensation	-	6.2Cr	6.3Cr	90L	4.5Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	342.7Cr	403.3Cr	460.8Cr	301.9Cr	408.2Cr
Short Term Investments - (Utility / Insurance Templates)	53Cr	143.2Cr	285.7Cr	157.8Cr	61Cr
Trading Asset Securities, Total	2.8Cr	5.5Cr	1Cr	5.5Cr	2.5Cr
Accounts Receivable, Total	574.4Cr	697.4Cr	843.3Cr	789.7Cr	855.8Cr
Other Receivables	192Cr	398.2Cr	278.7Cr	214.2Cr	277.8Cr
Accounts Receivable (Summary Subtotal)	766.4Cr	1.1TCr	1.12TCr	1TCr	1.13TCr
Inventory - (Utility Template)	244.3Cr	263.9Cr	215.9Cr	255Cr	298.7Cr
Other Current Assets, Total	88Cr	326.8Cr	251.3Cr	582.2Cr	179.4Cr
Total Current Assets	1.5TCr	2.24TCr	2.34TCr	2.31TCr	2.08TCr
Gross Property Plant And Equipment	12TCr	13TCr	14TCr	14TCr	15TCr
Accumulated Depreciation	-4.41TCr	-4.84TCr	-5.19TCr	-5.31TCr	-5.7TCr
Net Property Plant And Equipment	7.32TCr	8.15TCr	8.78TCr	8.92TCr	9.7TCr
Goodwill	761.3Cr	831.2Cr	818.9Cr	837.5Cr	861.8Cr
Other Intangibles, Total	1.06TCr	1.16TCr	1.19TCr	1.19TCr	1.16TCr
Long-Term Investments - (Utility Template)	389.8Cr	159.7Cr	242.6Cr	303.3Cr	529.3Cr
Accounts Receivable Long-Term	171.1Cr	239.7Cr	336.3Cr	234Cr	394.4Cr
Deferred Tax Assets Long-Term (Collected)	598.2Cr	591.7Cr	632.1Cr	200.9Cr	195.2Cr
Other Long-Term Assets, Total	457.7Cr	808.3Cr	1.12TCr	1.01TCr	902.2Cr
Total Assets	12TCr	14TCr	15TCr	15TCr	16TCr
Liabilities
Accounts Payable, Total	513.8Cr	596.4Cr	592.7Cr	511.2Cr	618.3Cr
Accrued Expenses, Total	146.6Cr	153Cr	164.1Cr	174.3Cr	190.3Cr
Short-Term Borrowings	-	-	9.2Cr	7.7Cr	14Cr
Current Portion of Long-Term Debt	787.1Cr	998.7Cr	1.05TCr	1.2TCr	1.39TCr
Current Portion of Leases	13Cr	16Cr	268.9Cr	257.9Cr	251.2Cr
Current Income Taxes Payable	18Cr	23Cr	16Cr	33Cr	113.7Cr
Unearned Revenue, Current	-	-	-	-	39Cr
Other Current Liabilities - (Bank / Utility Template)	314.7Cr	648.8Cr	780.5Cr	618.5Cr	401.1Cr
Total Current Liabilities	1.79TCr	2.44TCr	2.88TCr	2.81TCr	3.01TCr
Long-Term Debt	3.08TCr	3.13TCr	3.64TCr	3.65TCr	4.07TCr
Long-Term Leases	192.7Cr	225.3Cr	228.7Cr	249.4Cr	270.6Cr
Unearned Revenue Non Current	150.2Cr	167.9Cr	155.6Cr	157.1Cr	152.6Cr
Pension & Other Post Retirement Benefits	231.8Cr	159.2Cr	122.6Cr	145.6Cr	130.2Cr
Deferred Tax Liability Non-Current	960.7Cr	1.14TCr	1.17TCr	737.9Cr	754.5Cr
Other Non Current Liabilities, Total	1.13TCr	1.31TCr	1.46TCr	1.23TCr	1.33TCr
Total Liabilities	7.53TCr	8.56TCr	9.66TCr	8.97TCr	9.72TCr
Common Stock, Total	476.2Cr	477.5Cr	477.2Cr	476.3Cr	477.3Cr
Additional Paid In Capital	1.44TCr	1.42TCr	1.41TCr	1.39TCr	1.38TCr
Retained Earnings	2.37TCr	2.56TCr	2.71TCr	2.86TCr	3.14TCr
Treasury Stock	-198.5Cr	-186Cr	-175.6Cr	-146.5Cr	-231.8Cr
Comprehensive Income and Other	-539.6Cr	-223.2Cr	-307.5Cr	-268.9Cr	-54Cr
Total Common Equity	3.54TCr	4.05TCr	4.11TCr	4.31TCr	4.71TCr
Minority Interest	1.18TCr	1.56TCr	1.7TCr	1.72TCr	1.39TCr
Total Equity	4.72TCr	5.61TCr	5.81TCr	6.03TCr	6.11TCr
Total Liabilities And Equity	12TCr	14TCr	15TCr	15TCr	16TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	633.21Cr	635.4Cr	629.7Cr	629.17Cr	625.25Cr
ECS Total Common Shares Outstanding	626.4Cr	628.25Cr	629.7Cr	621.87Cr	617.62Cr
Book Value / Share	5.65	6.44	6.53	6.93	7.63
Tangible Book Value	1.72TCr	2.06TCr	2.1TCr	2.29TCr	2.69TCr
Tangible Book Value Per Share	2.74	3.27	3.34	3.68	4.35
Total Debt	4.07TCr	4.37TCr	5.2TCr	5.37TCr	6TCr
Net Debt	3.67TCr	3.82TCr	4.45TCr	4.9TCr	5.52TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	173.2Cr	69Cr	44Cr	65Cr	43Cr
Debt Equivalent Oper. Leases	8.8Cr	8Cr	14Cr	17Cr	53Cr
Minority Interest, Total (Incl. Fin. Div)	1.18TCr	1.56TCr	1.7TCr	1.72TCr	1.39TCr
Equity Method Investments, Total	115.1Cr	107.1Cr	90Cr	130.8Cr	433.2Cr
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	111.2Cr	118.9Cr	132.6Cr	121.4Cr	116.6Cr
Inventories - Work In Process, Total	26Cr	16Cr	20Cr	5.8Cr	5.4Cr
Inventories - Finished Goods, Total	2.2Cr	1.2Cr	20L	2.1Cr	2.7Cr
Inventories - Others	121.2Cr	144.4Cr	80Cr	151.1Cr	198.5Cr
Land - (BS)	249.7Cr	273.1Cr	303Cr	304.1Cr	306.9Cr
Machinery, Total	10TCr	11TCr	12TCr	12TCr	13TCr
Full Time Employees	35.64T	38.7T	40T	41T	41T
Part Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	75Cr	103.7Cr	129.9Cr	117.7Cr	121.3Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	361.1Cr	388.5Cr	433.9Cr	480.3Cr	561.2Cr
Depreciation, Depletion & Amortization	318.5Cr	330.7Cr	363.2Cr	366.3Cr	469.2Cr
Amortization of Goodwill and Intangible Assets - (CF)	60Cr	68Cr	85Cr	83Cr	89Cr
Total Depreciation, Depletion & Amortization	378.9Cr	398.6Cr	447.8Cr	449.6Cr	557.8Cr
Amortization of Deferred Charges, Total	19Cr	21Cr	21Cr	22Cr	27Cr
(Gain) Loss On Sale of Asset - (CF)	-3.1Cr	-	-	-	-171.7Cr
(Gain) Loss on Sale of Investments - (CF)	-50Cr	80L	20L	40L	40L
Total Asset Writedown	3.1Cr	2.8Cr	20L	5.9Cr	156.8Cr
Restructuring Activities	2.8Cr	2.2Cr	3.4Cr	7.5Cr	8.1Cr
(Income) Loss On Equity Investments - (CF)	40L	3.9Cr	-15Cr	-24Cr	3.7Cr
Change in Accounts Receivable	-70Cr	-470.7Cr	-170.1Cr	31Cr	-176Cr
Change In Inventories	4.6Cr	5.2Cr	52Cr	-17Cr	-62Cr
Change in Accounts Payable	44Cr	192.7Cr	4.4Cr	-52Cr	126.2Cr
Change in Other Net Operating Assets (Collected)	-	-	-	-	-
Other Operating Activities	145.8Cr	270Cr	275.4Cr	310.8Cr	163.8Cr
Net Cash From Discontinued Operations	-2.5Cr	-4.5Cr	-9.6Cr	-2.8Cr	-2.4Cr
Cash from Operations	834.7Cr	810.6Cr	1.04TCr	1.21TCr	1.19TCr
Capital Expenditure	-555.4Cr	-647.2Cr	-646.6Cr	-771.7Cr	-820.9Cr
Cash Acquisitions	-39Cr	-54Cr	-	-5.3Cr	-24Cr
Divestitures	11Cr	2.1Cr	-	24Cr	568Cr
Purchase / Sale of Intangible Assets	-45Cr	-59Cr	-51Cr	-54Cr	-71Cr
Sale (Purchase) of Real Estate Properties (Collected)	-20L	-30L	-10L	-30L	-80L
Investment in Marketable and Equity Securities, Total	2.8Cr	-153.7Cr	-252.6Cr	-105.8Cr	-434Cr
Other Investing Activities, Total	-39Cr	-37Cr	-65Cr	-56Cr	-57Cr
Cash from Investing	-664.4Cr	-948.8Cr	-1.02TCr	-969.3Cr	-839.7Cr
Long-Term Debt Issued, Total	1.49TCr	1.28TCr	1.5TCr	1.18TCr	1.91TCr
Total Debt Issued	1.49TCr	1.28TCr	1.5TCr	1.18TCr	1.91TCr
Long-Term Debt Repaid, Total	-1.07TCr	-790.5Cr	-1.06TCr	-955.5Cr	-1.35TCr
Total Debt Repaid	-1.07TCr	-790.5Cr	-1.06TCr	-955.5Cr	-1.35TCr
Issuance of Common Stock	13Cr	7.3Cr	9.1Cr	11Cr	7.9Cr
Repurchase of Common Stock	-271Cr	-189.7Cr	-188.5Cr	-278.7Cr	-207.6Cr
Common Dividends Paid	-56Cr	-57Cr	-86Cr	-95Cr	-116.6Cr
Common & Preferred Stock Dividends Paid	-56Cr	-57Cr	-86Cr	-95Cr	-116.6Cr
Special Dividend Paid	-	-	-3.1Cr	-	-
Other Financing Activities, Total	-111.3Cr	-59Cr	-149.7Cr	-275.3Cr	-468.5Cr
Cash from Financing	-7.1Cr	186.9Cr	15Cr	-408.8Cr	-226.7Cr
Foreign Exchange Rate Adjustments	-32Cr	12Cr	14Cr	6.2Cr	-20Cr
Net Change in Cash	131.4Cr	61Cr	58Cr	-158.9Cr	106.3Cr
Supplemental Items
Cash Interest Paid	84Cr	88Cr	172.5Cr	226.6Cr	191.7Cr
Cash Income Tax Paid (Refund)	84Cr	83Cr	105.5Cr	149.2Cr	194Cr
Net Debt Issued / Repaid	418.7Cr	485.5Cr	433.2Cr	229.1Cr	558.1Cr
Levered Free Cash Flow	53Cr	-67Cr	542.62Cr	-454.56Cr	566.26Cr
Unlevered Free Cash Flow	114.05Cr	3.82Cr	648.81Cr	-325.12Cr	691.08Cr
Change In Net Working Capital	30Cr	173.9Cr	-373.8Cr	534Cr	-295.2Cr

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.82	3.47	3.36	3.74	4.53
Return on Total Capital	3.92	4.89	4.71	5.03	5.95
Return On Equity %	8.41	8.49	8.98	9.15	9.83
Return on Common Equity	9.73	9.92	10.39	10.97	12
Margin Analysis
Gross Profit Margin %	48.71	43.62	37.44	47.23	53.37
SG&A Margin	15.23	13.46	11.4	14.19	16.09
EBITDA Margin %	27.68	28.56	22.73	26.96	37.02
EBITA Margin %	18.51	20.48	16.32	19.91	26.97
EBIT Margin %	16.69	18.74	14.75	18.22	24.99
Income From Continuing Operations Margin %	11.98	11.22	9.51	10.98	13.34
Net Income Margin %	10.89	9.93	8.04	9.74	12.54
Net Avail. For Common Margin %	10.73	9.63	7.86	9.37	12.1
Normalized Net Income Margin	7.76	9.02	6.04	7.94	12.87
Levered Free Cash Flow Margin	1.59	-1.7	10.06	-9.21	12.66
Unlevered Free Cash Flow Margin	3.44	0.1	12.03	-6.59	15.45
Asset Turnover
Asset Turnover	0.27	0.3	0.36	0.33	0.29
Fixed Assets Turnover	0.46	0.51	0.64	0.56	0.48
Receivables Turnover (Average Receivables)	5.62	6.15	7	6.04	5.31
Inventory Turnover (Average Inventory)	6.82	8.68	14.07	11.06	7.54
Short Term Liquidity
Current Ratio	0.83	0.92	0.81	0.82	0.69
Quick Ratio	0.65	0.68	0.65	0.52	0.53
Operating Cash Flow to Current Liabilities	0.47	0.33	0.36	0.43	0.4
Days Sales Outstanding (Average Receivables)	65.1	59.34	52.12	60.41	68.92
Days Outstanding Inventory (Average Inventory)	53.66	42.06	25.94	33.01	48.57
Average Days Payable Outstanding	110.83	91.07	65.23	76.24	97.04
Cash Conversion Cycle (Average Days)	7.93	10.33	12.84	17.18	20.45
Long Term Solvency
Total Debt/Equity	86.17	77.82	89.45	88.99	98.2
Total Debt / Total Capital	46.29	43.76	47.22	47.09	49.55
LT Debt/Equity	69.22	59.74	66.55	64.61	71.15
Long-Term Debt / Total Capital	37.18	33.6	35.13	34.19	35.9
Total Liabilities / Total Assets	61.46	60.41	62.43	59.81	61.43
EBIT / Interest Expense	5.63	6.5	4.68	4.34	5.6
EBITDA / Interest Expense	9.48	10.04	7.32	6.51	8.39
(EBITDA - Capex) / Interest Expense	3.83	4.3	3.51	2.79	4.28
Total Debt / EBITDA	4.37	3.86	4.18	3.98	3.58
Net Debt / EBITDA	3.94	3.37	3.58	3.63	3.3
Total Debt / (EBITDA - Capex)	10.8	9.02	8.71	9.3	7.01
Net Debt / (EBITDA - Capex)	9.74	7.88	7.46	8.49	6.46
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-9.04	18.01	37.93	-8.55	-9.32
Gross Profit, 1 Yr. Growth %	-0.73	5.68	18.39	15.36	2.46
EBITDA, 1 Yr. Growth %	-1.85	21.38	12.04	8.5	15.37
EBITA, 1 Yr. Growth %	-5.98	29.93	13.15	11.59	22.57
EBIT, 1 Yr. Growth %	-4.26	31.83	12.05	12.98	24.07
Earnings From Cont. Operations, 1 Yr. Growth %	2.32	10.5	16.96	5.53	10.19
Net Income, 1 Yr. Growth %	4.18	7.59	11.69	10.69	16.84
Diluted EPS Before Extra, 1 Yr. Growth %	6.17	9.04	15.68	12.77	20.64
Normalized Net Income, 1 Yr. Growth %	0.4	22.02	-3.72	20.12	46.45
Net Property, Plant and Equip., 1 Yr. Growth %	1	11.36	7.83	1.59	7.7
Inventory, 1 Yr. Growth %	-3.89	8.02	-18.19	18.11	17.14
Accounts Receivable, 1 Yr. Growth %	-5.01	21.41	20.92	-6.36	3.21
Total Assets, 1 Yr. Growth %	0.12	15.7	9.11	-0.05	5.51
Tangible Book Value, 1 Yr. Growth %	-0.69	19.66	2.1	8.83	17.56
Cash From Operations, 1 Yr. Growth %	20.71	-2.89	28.83	16.15	-1.69
Capital Expenditures, 1 Yr. Growth %	3	16.53	-0.09	19.35	6.38
Levered Free Cash Flow, 1 Yr. Growth %	-46.6	-196.17	-341.25	-175.38	-244.93
Unlevered Free Cash Flow, 1 Yr. Growth %	-30.37	-97.07	-519.98	-145.84	-364.49
Dividend Per Share, 1 Yr. Growth %	5.5	5.21	11.71	11.49	14.83
Common Equity, 1 Yr. Growth %	-6.01	14.31	1.58	4.84	9.31
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-2.79	3.61	27.58	12.31	-8.94
Gross Profit, 2 Yr. CAGR %	2.27	2.43	11.85	16.86	8.72
EBITDA, 2 Yr. CAGR %	1.78	9.32	15.41	10.25	16.23
EBITA, 2 Yr. CAGR %	1.06	10.78	19.5	12.37	17.09
EBIT, 2 Yr. CAGR %	1.18	12.63	19.63	12.52	18.55
Earnings From Cont. Operations, 2 Yr. CAGR %	8.24	6.33	13.69	11.1	7.84
Net Income, 2 Yr. CAGR %	9.46	5.87	9.62	11.19	13.73
Diluted EPS Before Extra, 2 Yr. CAGR %	10.17	6.02	10.56	12.62	14.15
Normalized Net Income, 2 Yr. CAGR %	2.3	17.38	6.17	7.55	32.88
Net Property, Plant and Equip., 2 Yr. CAGR %	5.64	6.06	9.58	4.67	5.08
Inventory, 2 Yr. CAGR %	6.01	1.89	-5.99	-1.7	17.62
Accounts Receivable, 2 Yr. CAGR %	1.75	7.39	21.17	6.41	0.74
Total Assets, 2 Yr. CAGR %	4.11	7.63	12.36	2.88	2.69
Common Equity, 2 Yr. CAGR %	-1.61	3.65	7.76	3.2	7.05
Tangible Book Value, 2 Yr. CAGR %	5.03	9.01	10.53	5.41	13.11
Cash From Operations, 2 Yr. CAGR %	4.89	8.27	11.85	22.33	6.86
Capital Expenditures, 2 Yr. CAGR %	7.02	9.56	7.9	9.2	12.67
Levered Free Cash Flow, 2 Yr. CAGR %	-0.84	-17.78	179.9	42.16	-3.1
Unlevered Free Cash Flow, 2 Yr. CAGR %	-1.93	-84.72	122.8	45.07	-1.29
Dividend Per Share, 2 Yr. CAGR %	9.65	5.36	8.41	11.6	13.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.97	3.7	13.98	14.18	4.58
Gross Profit, 3 Yr. CAGR %	6.5	3.4	7.49	13.01	11.85
EBITDA, 3 Yr. CAGR %	13	8.04	9.46	13.06	14.82
EBITA, 3 Yr. CAGR %	18.2	10.06	10.49	16.8	15.76
EBIT, 3 Yr. CAGR %	18.12	10.7	11.26	17.37	16.34
Earnings From Cont. Operations, 3 Yr. CAGR %	5.07	8.99	9.76	10.9	10.8
Net Income, 3 Yr. CAGR %	8.8	8.83	7.78	9.98	13.04
Diluted EPS Before Extra, 3 Yr. CAGR %	6.39	8.72	8.01	10.25	13.59
Normalized Net Income, 3 Yr. CAGR %	28.6	12.83	8.37	10.63	19.35
Net Property, Plant and Equip., 3 Yr. CAGR %	4.71	7.51	6.64	6.85	5.99
Inventory, 3 Yr. CAGR %	9.32	6.68	-5.3	1.44	4.22
Accounts Receivable, 3 Yr. CAGR %	2.54	7.92	11.72	11.19	7.06
Total Assets, 3 Yr. CAGR %	3.44	7.84	8.12	6.99	3.75
Common Equity, 3 Yr. CAGR %	-1.51	3.43	2.96	6.78	5.2
Tangible Book Value, 3 Yr. CAGR %	2.6	9.7	6.65	9.96	9.31
Cash From Operations, 3 Yr. CAGR %	13.66	2.23	14.73	13.27	13.73
Capital Expenditures, 3 Yr. CAGR %	-0.9	10.1	6.24	11.59	8.25
Levered Free Cash Flow, 3 Yr. CAGR %	-44.12	7.58	76.59	87.23	36.04
Unlevered Free Cash Flow, 3 Yr. CAGR %	-22.4	-68.17	58.23	35.5	64.77
Dividend Per Share, 3 Yr. CAGR %	8.98	8.15	7.43	9.43	12.67
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.08	6.34	11.53	7.06	4.19
Gross Profit, 5 Yr. CAGR %	4.68	5.69	8.61	8.59	7.98
EBITDA, 5 Yr. CAGR %	5.62	7.82	14.03	8.47	12.12
EBITA, 5 Yr. CAGR %	7.32	9.78	18.83	10.33	13.08
EBIT, 5 Yr. CAGR %	6.01	9.86	18.84	10.72	14.12
Earnings From Cont. Operations, 5 Yr. CAGR %	10.05	8.31	8.43	9.83	8.99
Net Income, 5 Yr. CAGR %	8.13	7.51	9.12	9.77	10.12
Diluted EPS Before Extra, 5 Yr. CAGR %	8.4	6.62	7.4	9.57	9.81
Normalized Net Income, 5 Yr. CAGR %	4.97	9.43	21.94	9.77	17.58
Net Property, Plant and Equip., 5 Yr. CAGR %	3.54	5.18	6.63	6.37	6.01
Inventory, 5 Yr. CAGR %	6.33	10.07	2.91	3.24	3.28
Accounts Receivable, 5 Yr. CAGR %	3.93	8.58	9.62	7.32	7.19
Total Assets, 5 Yr. CAGR %	3.2	5.84	6.92	5.83	5.28
Common Equity, 5 Yr. CAGR %	-1.25	1.68	2.1	3.34	4.58
Tangible Book Value, 5 Yr. CAGR %	0.28	3.51	5.7	7.96	9.19
Cash From Operations, 5 Yr. CAGR %	5.92	3.82	12.93	9.84	11.52
Capital Expenditures, 5 Yr. CAGR %	7.72	6.39	2.53	9.74	8.77
Levered Free Cash Flow, 5 Yr. CAGR %	-1.51	21.62	12.47	53.4	41.87
Unlevered Free Cash Flow, 5 Yr. CAGR %	-1.8	-45.87	21.6	22.35	33.37
Dividend Per Share, 5 Yr. CAGR %	69.68	71.42	8.76	9.52	9.68