Cash flow Veolia Environnement

Equities

VIE

FR0000124141

Multiline Utilities

Market Closed - Euronext Paris Other stock markets 09:25:00 18/05/2026 pm IST			After hours 01:29:58 am
34.20 ^EUR	+1.73%		34.44	+0.70%

15/05	Veolia Kept at Overweight as Barclays Notes 'Positive' Data Center Cooling Exposure	MT
07/05	The Rally Spreads

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Published financial data: VEOLIA ENVIRONNEMENT

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues - (Utility Template)	2.85TCr	4.29TCr	4.54TCr	4.47TCr	4.44TCr
Total Revenues	2.85TCr	4.29TCr	4.54TCr	4.47TCr	4.44TCr
Selling General & Admin Expenses, Total	289.26Cr	417Cr	433.4Cr	445.9Cr	432.6Cr
Stock-Based Compensation (IS)	5.12Cr	5.41Cr	5.6Cr	5.7Cr	4.9Cr
Other Operating Expenses	2.43TCr	3.62TCr	3.8TCr	3.7TCr	3.66TCr
Total Operating Expenses	2.72TCr	4.04TCr	4.24TCr	4.16TCr	4.1TCr
Operating Income (REIT / Utility Template)	127.01Cr	247.73Cr	294.7Cr	313.2Cr	340Cr
Interest Expense, Total	-42Cr	-70Cr	-77Cr	-86Cr	-82Cr
Interest and Investment Income	12Cr	41L	30L	30L	40L
Net Interest Expenses	-30Cr	-69Cr	-77Cr	-85Cr	-82Cr
Income (Loss) on Equity Invest.	10Cr	13Cr	12Cr	13Cr	9Cr
Currency Exchange Gains (Loss)	79L	-21Cr	-7.9Cr	-9.9Cr	-6.8Cr
Other Non Operating Income (Expenses)	-11Cr	-23Cr	-50Cr	-33Cr	-32Cr
EBT, Excl. Unusual Items	98Cr	146.61Cr	172.6Cr	198.3Cr	228.6Cr
Restructuring Charges	-6.82Cr	-12Cr	-7.6Cr	-14Cr	-13Cr
Total Merger & Related Restructuring Charges	-	-8.65Cr	-1Cr	-3.2Cr	-60L
Impairment of Goodwill	1.08Cr	-6.9Cr	-20L	-30L	-40L
Gain (Loss) on Sale of Investments	-1.33Cr	30Cr	37Cr	32Cr	22Cr
Gain (Loss) on Sale of Assets	-71L	-	-	6.5Cr	1.4Cr
Asset Writedown	-	-	-14Cr	-7.8Cr	-4.5Cr
Other Unusual Items	-	-	-	-20L	-20L
EBT, Incl. Unusual Items	90Cr	149.6Cr	186.9Cr	211.4Cr	232.4Cr
Income Tax Expense	35Cr	42Cr	51Cr	57Cr	59Cr
Earnings From Continuing Operations	55Cr	107.62Cr	135.8Cr	154.8Cr	173.7Cr
Earnings Of Discontinued Operations	-	-7.86Cr	-2.4Cr	-10Cr	-12Cr
Net Income to Company	55Cr	100Cr	133.4Cr	144.5Cr	161.9Cr
Minority Interest	-15Cr	-28Cr	-40Cr	-35Cr	-40Cr
Net Income - (IS)	40Cr	72Cr	94Cr	109.8Cr	121.7Cr
Preferred Dividend and Other Adjustments	-	-	-	-	8.9Cr
Net Income to Common Incl Extra Items	40Cr	72Cr	94Cr	109.8Cr	112.8Cr
Net Income to Common Excl. Extra Items	40Cr	79Cr	96Cr	120.1Cr	124.6Cr
Per Share Items
Net EPS - Basic	0.68	1.04	1.33	1.52	1.55
Basic EPS - Continuing Operations	0.68	1.15	1.36	1.67	1.71
Basic Weighted Average Shares Outstanding	59Cr	69Cr	70Cr	72Cr	73Cr
Net EPS - Diluted	0.65	1	1.28	1.48	1.54
Diluted EPS - Continuing Operations	0.65	1.11	1.31	1.62	1.7
Diluted Weighted Average Shares Outstanding	62Cr	71Cr	73Cr	74Cr	73Cr
Normalized Basic EPS	0.78	0.92	0.97	1.24	1.41
Normalized Diluted EPS	0.75	0.89	0.93	1.2	1.4
Dividend Per Share	1	1.12	1.25	1.4	1.5
Payout Ratio	104.11	108.41	93.6	88.89	94
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
Utility Revenues	2.85TCr	4.33TCr	4.54TCr	4.47TCr	4.44TCr
Non Utility Revenues	-	-40Cr	-	-	-
EBITDA	283.81Cr	496.48Cr	544.4Cr	557.1Cr	581.9Cr
EBITA	183.56Cr	352.61Cr	401.6Cr	410.9Cr	435Cr
EBIT	127.01Cr	247.73Cr	294.7Cr	313.2Cr	340Cr
EBITDAR	286.61Cr	503.35Cr	551.4Cr	563.7Cr	587.7Cr
Effective Tax Rate - (Ratio)	38.39	28.06	27.34	26.77	25.26
Current Domestic Taxes	4.15Cr	10Cr	3.8Cr	5.6Cr	7.9Cr
Current Foreign Taxes	27Cr	50Cr	54Cr	50Cr	50Cr
Total Current Taxes	31Cr	60Cr	57Cr	55Cr	58Cr
Deferred Domestic Taxes	34L	-9.19Cr	70L	-3.1Cr	1.8Cr
Deferred Foreign Taxes	3.36Cr	-8.36Cr	-6.9Cr	4.4Cr	-80L
Total Deferred Taxes	3.7Cr	-18Cr	-6.2Cr	1.3Cr	1Cr
Normalized Net Income	46Cr	63Cr	68Cr	89Cr	102.68Cr
Interest on Long-Term Debt	2.82Cr	5.25Cr	5.8Cr	6.6Cr	6.7Cr
Non-Cash Pension Expense	-6L	1.41Cr	-1Cr	90L	-90L
Supplemental Operating Expense Items
Selling and Marketing Expenses	58Cr	95Cr	100Cr	100Cr	99Cr
General and Administrative Expenses	230.86Cr	321.58Cr	333.6Cr	345.9Cr	333.3Cr
Research And Development Expense From Footnotes	6.58Cr	13Cr	12Cr	14Cr	12Cr
Net Rental Expense, Total	2.8Cr	6.87Cr	7Cr	6.6Cr	5.8Cr
Imputed Operating Lease Interest Expense	45.92L	1.54Cr	1.51Cr	1.57Cr	1.3Cr
Imputed Operating Lease Depreciation	2.34Cr	5.33Cr	5.49Cr	5.03Cr	4.5Cr
Stock-Based Comp., Other (Total)	5.74Cr	5.94Cr	6Cr	6.3Cr	5.9Cr
Total Stock-Based Compensation	5.74Cr	5.94Cr	6Cr	6.3Cr	5.9Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.05TCr	901.22Cr	869.6Cr	960.1Cr	802.1Cr
Short Term Investments - (Utility / Insurance Templates)	143.95Cr	185.1Cr	209Cr	216.3Cr	212.4Cr
Accounts Receivable, Total	802.38Cr	1.12TCr	1.12TCr	1.07TCr	1.04TCr
Other Receivables	199.15Cr	337.3Cr	321.3Cr	331.5Cr	329Cr
Accounts Receivable (Summary Subtotal)	1TCr	1.45TCr	1.44TCr	1.4TCr	1.37TCr
Inventory - (Utility Template)	82Cr	148.62Cr	155Cr	149.7Cr	146.5Cr
Notes Receivable (Collected)	21Cr	55Cr	34Cr	34Cr	37Cr
Other Current Assets, Total	44Cr	128.54Cr	86Cr	17Cr	14Cr
Total Current Assets	2.34TCr	2.87TCr	2.79TCr	2.78TCr	2.59TCr
Gross Property Plant And Equipment	2.47TCr	3.44TCr	3.58TCr	3.74TCr	3.86TCr
Accumulated Depreciation	-1.44TCr	-1.59TCr	-1.68TCr	-1.77TCr	-1.84TCr
Net Property Plant And Equipment	1.03TCr	1.86TCr	1.9TCr	1.98TCr	2.02TCr
Goodwill	620.12Cr	1.16TCr	1.16TCr	1.18TCr	1.15TCr
Other Intangibles, Total	503.46Cr	843.4Cr	850Cr	808.5Cr	794.6Cr
Long-Term Investments - (Utility Template)	657.91Cr	331.33Cr	301.2Cr	300.6Cr	288.6Cr
Loans Receivable Long-Term - (Utility Template)	41Cr	46Cr	52Cr	50Cr	29Cr
Deferred Tax Assets Long-Term (Collected)	105.92Cr	205.08Cr	204.2Cr	195.8Cr	197Cr
Other Long-Term Assets, Total	8.85Cr	13Cr	5Cr	6.7Cr	4.5Cr
Total Assets	5.31TCr	7.33TCr	7.26TCr	7.3TCr	7.07TCr
Liabilities
Accounts Payable, Total	545.71Cr	808.06Cr	796Cr	767.3Cr	769.2Cr
Short-Term Borrowings	24Cr	21Cr	38Cr	20Cr	22Cr
Current Portion of Long-Term Debt	862.43Cr	652.14Cr	719.5Cr	881.9Cr	834.1Cr
Current Portion of Leases	41Cr	50Cr	47Cr	46Cr	47Cr
Current Income Taxes Payable	129.47Cr	204.08Cr	208.4Cr	217.9Cr	212Cr
Unearned Revenue, Current	120.15Cr	154.49Cr	188.1Cr	166.5Cr	162.3Cr
Other Current Liabilities - (Bank / Utility Template)	658.64Cr	1.03TCr	1TCr	967.5Cr	957.9Cr
Total Current Liabilities	2.38TCr	2.92TCr	3TCr	3.07TCr	3TCr
Long-Term Debt	1.05TCr	1.97TCr	1.88TCr	1.83TCr	1.9TCr
Long-Term Leases	129.81Cr	165.62Cr	153.3Cr	152.3Cr	151.4Cr
Deferred Tax Liability Non-Current	119.64Cr	264.01Cr	257.5Cr	260.6Cr	255.7Cr
Other Non Current Liabilities, Total	353.38Cr	524.51Cr	496.5Cr	457.3Cr	431.9Cr
Total Liabilities	4.03TCr	5.84TCr	5.79TCr	5.77TCr	5.74TCr
Common Stock, Total	349.86Cr	357.29Cr	362.7Cr	370.3Cr	370.9Cr
Additional Paid In Capital	930.95Cr	947.02Cr	963.1Cr	990.2Cr	989.5Cr
Treasury Stock	-43Cr	-44Cr	-38Cr	-38Cr	-44Cr
Comprehensive Income and Other	-86Cr	-35Cr	-57Cr	-31Cr	-231.1Cr
Total Common Equity	1.15TCr	1.23TCr	1.23TCr	1.29TCr	1.09TCr
Minority Interest	125.2Cr	261.22Cr	239.1Cr	239.1Cr	240.9Cr
Total Equity	1.28TCr	1.49TCr	1.47TCr	1.53TCr	1.33TCr
Total Liabilities And Equity	5.31TCr	7.33TCr	7.26TCr	7.3TCr	7.07TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	69Cr	70Cr	72Cr	73Cr	73Cr
ECS Total Common Shares Outstanding	69Cr	70Cr	72Cr	73Cr	73Cr
Book Value / Share	13.18	12.48	12.14	13.12	9.61
Tangible Book Value	28Cr	-781.68Cr	-774.5Cr	-695.3Cr	-854.7Cr
Tangible Book Value Per Share	-3.17	-16.12	-15.91	-14.1	-16.93
Total Debt	2.1TCr	2.86TCr	2.84TCr	2.93TCr	2.95TCr
Net Debt	907.92Cr	1.77TCr	1.76TCr	1.75TCr	1.94TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	56Cr	60Cr	60Cr	56Cr	56Cr
Debt Equivalent Oper. Leases	22Cr	55Cr	56Cr	53Cr	46Cr
Minority Interest, Total (Incl. Fin. Div)	125.2Cr	261.22Cr	239.1Cr	239.1Cr	240.9Cr
Equity Method Investments, Total	159.27Cr	198.48Cr	171.3Cr	167.6Cr	156.4Cr
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	64Cr	127.62Cr	131.3Cr	126.9Cr	-
Inventories - Work In Process, Total	13Cr	14Cr	15Cr	16Cr	-
Inventories - Others	9.78Cr	14Cr	19Cr	17Cr	157.2Cr
Land - (BS)	154.61Cr	247.56Cr	253.3Cr	257.1Cr	261.9Cr
Buildings, Total	394.11Cr	490.45Cr	532Cr	560.5Cr	589.9Cr
Machinery, Total	1.3TCr	1.89TCr	1.94TCr	2.03TCr	2.12TCr
Full Time Employees	2L	2L	2L	2L	2L
Accumulated Allowance for Doubtful Accounts (Supple)	103.15Cr	108.59Cr	124.5Cr	112.1Cr	108.2Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	40Cr	72Cr	94Cr	109.8Cr	121.7Cr
Depreciation, Depletion & Amortization	143.48Cr	200.85Cr	198Cr	202.6Cr	200.8Cr
Amortization of Goodwill and Intangible Assets - (CF)	57Cr	104.88Cr	106.9Cr	98Cr	95Cr
Total Depreciation, Depletion & Amortization	200.03Cr	305.73Cr	304.9Cr	300.3Cr	295.8Cr
Amortization of Deferred Charges, Total	9.89Cr	-	-	12Cr	12Cr
(Gain) Loss On Sale of Asset - (CF)	-3.92Cr	-30Cr	-8.3Cr	-3.6Cr	-3.8Cr
(Gain) Loss on Sale of Investments - (CF)	4L	-31Cr	32Cr	18Cr	21Cr
Total Asset Writedown	6.69Cr	24Cr	14Cr	8.1Cr	4.9Cr
(Income) Loss On Equity Investments - (CF)	-10Cr	-13Cr	-12Cr	-13Cr	-9Cr
Change in Accounts Receivable	-69Cr	-127.61Cr	-25Cr	32Cr	29Cr
Change In Inventories	-1.16Cr	-39Cr	-13Cr	5.3Cr	-40L
Change In Income Taxes	2.57Cr	3.82Cr	-6Cr	-2.4Cr	-1.9Cr
Change in Other Net Operating Assets (Collected)	91Cr	148.86Cr	52Cr	-54Cr	-66Cr
Other Operating Activities	50Cr	97Cr	71Cr	93Cr	112.1Cr
Net Cash From Discontinued Operations	-1.66Cr	4.38Cr	-2.2Cr	-60L	30L
Cash from Operations	314.72Cr	414.82Cr	500.5Cr	503.8Cr	515.3Cr
Capital Expenditure	-172.88Cr	-278.36Cr	-314Cr	-296.5Cr	-305.6Cr
Sale of Property, Plant, and Equipment	32Cr	60Cr	32Cr	21Cr	20Cr
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	23Cr	599.87Cr	41Cr	47Cr	-53Cr
Net (Increase) Decrease in Loans Originated / Sold - Investing	11Cr	49Cr	13Cr	4.8Cr	-1.3Cr
Other Investing Activities, Total	22Cr	22Cr	16Cr	12Cr	10Cr
Cash from Investing	-85Cr	452.35Cr	-212.4Cr	-211.5Cr	-329.6Cr
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	142.89Cr	88Cr	97Cr	146.2Cr	276.6Cr
Total Debt Issued	142.89Cr	88Cr	97Cr	146.2Cr	276.6Cr
Short Term Debt Repaid, Total	-3.86Cr	-413.81Cr	-95Cr	-50L	-217Cr
Long-Term Debt Repaid, Total	-63Cr	-233.36Cr	-120Cr	-123.3Cr	-74Cr
Total Debt Repaid	-67Cr	-647.17Cr	-214.8Cr	-123.8Cr	-291.2Cr
Issuance of Common Stock	269.23Cr	23Cr	27Cr	34Cr	82Cr
Repurchase of Common Stock	-	-51Cr	-	-23Cr	-40Cr
Common Dividends Paid	-42Cr	-78Cr	-88Cr	-98Cr	-114.4Cr
Common & Preferred Stock Dividends Paid	-42Cr	-78Cr	-88Cr	-98Cr	-114.4Cr
Other Financing Activities, Total	-74Cr	-352.31Cr	-135.3Cr	-121.7Cr	-248.3Cr
Cash from Financing	229.46Cr	-1.02TCr	-313.9Cr	-185.7Cr	-335.8Cr
Foreign Exchange Rate Adjustments	6.32Cr	4.57Cr	-23Cr	2Cr	-9.8Cr
Miscellaneous Cash Flow Adjustments	-	-2.56Cr	40L	10L	10L
Net Change in Cash	465.44Cr	-147.82Cr	-48Cr	108.7Cr	-159.8Cr
Supplemental Items
Cash Interest Paid	46Cr	77Cr	68Cr	74Cr	76Cr
Cash Income Tax Paid (Refund)	29Cr	56Cr	64Cr	58Cr	60Cr
Net Debt Issued / Repaid	76Cr	-559.23Cr	-117.8Cr	22Cr	-15Cr
Levered Free Cash Flow	216.02Cr	251.37Cr	207.02Cr	192.61Cr	179.04Cr
Unlevered Free Cash Flow	242.28Cr	294.92Cr	255.09Cr	246.05Cr	230.6Cr
Change In Net Working Capital	-120.12Cr	-106.78Cr	-74Cr	-28Cr	-10Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.61	2.45	2.53	2.69	2.96
Return on Total Capital	2.56	4.01	4.26	4.47	4.86
Return On Equity %	5.26	7.79	9.19	10.32	12.16
Return on Common Equity	4.31	6.68	7.82	9.52	10.48
Margin Analysis
Gross Profit Margin %	16.14	16.66	16.54	17.38	17.73
SG&A Margin	10.15	9.72	9.56	9.98	9.74
EBITDA Margin %	9.96	11.58	12	12.47	13.11
EBITA Margin %	6.44	8.22	8.86	9.19	9.8
EBIT Margin %	4.46	5.78	6.5	7.01	7.66
Income From Continuing Operations Margin %	1.95	2.51	2.99	3.46	3.91
Net Income Margin %	1.42	1.67	2.07	2.46	2.74
Net Avail. For Common Margin %	1.42	1.85	2.12	2.69	2.81
Normalized Net Income Margin	1.62	1.48	1.5	2	2.31
Levered Free Cash Flow Margin	7.58	5.86	4.56	4.31	4.03
Unlevered Free Cash Flow Margin	8.5	6.88	5.62	5.51	5.19
Asset Turnover
Asset Turnover	0.58	0.68	0.62	0.61	0.62
Fixed Assets Turnover	2.85	2.98	2.42	2.31	2.22
Receivables Turnover (Average Receivables)	3.71	4.47	4.07	4.09	4.19
Inventory Turnover (Average Inventory)	29.62	31.04	24.94	24.24	24.66
Short Term Liquidity
Current Ratio	0.98	0.98	0.93	0.91	0.86
Quick Ratio	0.92	0.87	0.84	0.84	0.8
Operating Cash Flow to Current Liabilities	0.13	0.14	0.17	0.16	0.17
Days Sales Outstanding (Average Receivables)	98.27	81.64	89.78	89.56	87.03
Days Outstanding Inventory (Average Inventory)	12.32	11.76	14.64	15.1	14.8
Average Days Payable Outstanding	75.99	67.86	77.21	77.59	76.85
Cash Conversion Cycle (Average Days)	34.6	25.54	27.21	27.07	24.98
Long Term Solvency
Total Debt/Equity	164.74	192.24	192.84	191.31	222.53
Total Debt / Total Capital	62.23	65.78	65.85	65.67	69
LT Debt/Equity	92.1	143.6	138.14	129.39	154.49
Long-Term Debt / Total Capital	34.79	49.14	47.17	44.42	47.9
Total Liabilities / Total Assets	75.94	79.72	79.74	79.02	81.23
EBIT / Interest Expense	3.02	3.56	3.83	3.66	4.12
EBITDA / Interest Expense	7.78	7.94	7.8	7.18	7.71
(EBITDA - Capex) / Interest Expense	3.67	3.95	3.71	3.71	4
Total Debt / EBITDA	6.43	5.16	4.73	4.77	4.64
Net Debt / EBITDA	2.78	3.2	2.93	2.86	3.05
Total Debt / (EBITDA - Capex)	13.65	10.39	9.93	9.24	8.94
Net Debt / (EBITDA - Capex)	5.89	6.44	6.15	5.53	5.87
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	9.6	50.43	5.75	-1.45	-0.66
Gross Profit, 1 Yr. Growth %	18.37	55.26	4.95	3.59	1.35
EBITDA, 1 Yr. Growth %	12.95	60.52	6	2.62	2.3
EBITA, 1 Yr. Growth %	15	68.68	8.6	2.7	2.93
EBIT, 1 Yr. Growth %	32.34	73.72	11.25	6.82	8.56
Earnings From Cont. Operations, 1 Yr. Growth %	142.95	93.94	26.21	13.99	12.21
Net Income, 1 Yr. Growth %	355.29	77.05	30.87	17.18	10.84
Diluted EPS Before Extra, 1 Yr. Growth %	242.11	70.77	18.02	23.29	10.39
Normalized Net Income, 1 Yr. Growth %	150.2	13.63	-8.09	30.42	14.66
Net Property, Plant and Equip., 1 Yr. Growth %	5.32	80.88	2.27	4.03	2.32
Inventory, 1 Yr. Growth %	2.33	82.07	4.31	-3.42	-2.14
Accounts Receivable, 1 Yr. Growth %	9.52	39.09	-0.1	-3.83	-2.56
Total Assets, 1 Yr. Growth %	17	38.11	-1.01	0.54	-3.14
Tangible Book Value, 1 Yr. Growth %	-107.91	-2.87T	-0.92	-10.23	22.93
Cash From Operations, 1 Yr. Growth %	15.49	31.81	20.66	0.66	2.28
Capital Expenditures, 1 Yr. Growth %	7.47	61.01	12.79	-5.57	3.07
Levered Free Cash Flow, 1 Yr. Growth %	342.5	10.54	-22.41	-6.54	-9.26
Unlevered Free Cash Flow, 1 Yr. Growth %	216.58	17.02	-16.52	-3.19	-8.04
Dividend Per Share, 1 Yr. Growth %	42.86	12	11.61	12	7.14
Common Equity, 1 Yr. Growth %	59.1	6.4	0.46	4.91	-15.95
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.4	28.41	26.13	2.08	-1.06
Gross Profit, 2 Yr. CAGR %	2.73	35.56	27.65	4.27	2.46
EBITDA, 2 Yr. CAGR %	-4.45	40.56	32.67	4.15	3.53
EBITA, 2 Yr. CAGR %	-6.9	48.63	38.61	5.41	4.27
EBIT, 2 Yr. CAGR %	-7.77	60.67	43.76	8.74	7.69
Earnings From Cont. Operations, 2 Yr. CAGR %	-20.25	117.07	56.44	19.94	13.1
Net Income, 2 Yr. CAGR %	-19.56	183.92	52.24	23.84	13.97
Diluted EPS Before Extra, 2 Yr. CAGR %	-28.18	141.7	41.96	20.84	13.72
Normalized Net Income, 2 Yr. CAGR %	-2.31	85.58	10.49	9.68	22.5
Net Property, Plant and Equip., 2 Yr. CAGR %	4.81	38.02	36.01	3.14	3.17
Inventory, 2 Yr. CAGR %	1.52	36.5	37.8	0.37	-2.78
Accounts Receivable, 2 Yr. CAGR %	3.52	23.42	17.88	-1.98	-3.19
Total Assets, 2 Yr. CAGR %	13.75	27.12	16.93	-0.24	-1.31
Common Equity, 2 Yr. CAGR %	39.32	30.11	3.39	2.66	-6.1
Tangible Book Value, 2 Yr. CAGR %	-73.71	48.06	423.88	-5.69	5.05
Cash From Operations, 2 Yr. CAGR %	0.96	23.38	26.11	10.21	1.47
Capital Expenditures, 2 Yr. CAGR %	1.56	31.55	34.77	3.2	-1.35
Levered Free Cash Flow, 2 Yr. CAGR %	6.52	126.92	-4.59	-15.04	-6.79
Unlevered Free Cash Flow, 2 Yr. CAGR %	4.99	96.31	0.61	-10.27	-4.75
Dividend Per Share, 2 Yr. CAGR %	41.42	26.49	11.8	11.8	9.54
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.18	16.41	20.36	16.17	1.16
Gross Profit, 3 Yr. CAGR %	2.39	17.89	24.48	19.06	3.29
EBITDA, 3 Yr. CAGR %	-2.24	16.89	29.4	21.67	4.25
EBITA, 3 Yr. CAGR %	-3.91	18.52	36.01	25.27	5.56
EBIT, 3 Yr. CAGR %	-4.54	18.39	45.35	29.99	8.68
Earnings From Cont. Operations, 3 Yr. CAGR %	-5.34	7.24	81.16	40.77	17.31
Net Income, 3 Yr. CAGR %	-2.83	4.63	119.34	39.52	19.34
Diluted EPS Before Extra, 3 Yr. CAGR %	-3.8	-4.14	90.33	35.6	15.27
Normalized Net Income, 3 Yr. CAGR %	2.82	9.52	54.67	16.91	11.45
Net Property, Plant and Equip., 3 Yr. CAGR %	2.41	25.72	24.89	24.38	2.87
Inventory, 3 Yr. CAGR %	-0.07	23.34	24.79	22.4	-0.47
Accounts Receivable, 3 Yr. CAGR %	4.09	14.23	15.03	10.15	-2.17
Total Assets, 3 Yr. CAGR %	10.54	21.35	16.95	11.19	-1.21
Common Equity, 3 Yr. CAGR %	25.2	27.35	19.36	3.89	-3.96
Tangible Book Value, 3 Yr. CAGR %	-58.05	24.16	29.51	190.99	3.02
Cash From Operations, 3 Yr. CAGR %	3.48	10.34	22.47	16.98	7.5
Capital Expenditures, 3 Yr. CAGR %	5.23	18.43	24.98	19.7	3.16
Levered Free Cash Flow, 3 Yr. CAGR %	17.77	9.7	61.86	-5.38	-12.45
Unlevered Free Cash Flow, 3 Yr. CAGR %	14.62	10.3	49.38	-0.8	-8.96
Dividend Per Share, 3 Yr. CAGR %	2.82	30.84	21.32	11.87	10.23
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.34	11.56	11.81	10.45	11.29
Gross Profit, 5 Yr. CAGR %	1.85	11.12	11.83	12.24	15.15
EBITDA, 5 Yr. CAGR %	-0.02	11.42	12.38	12.38	18.29
EBITA, 5 Yr. CAGR %	-1.48	12.36	14.19	14.17	22.2
EBIT, 5 Yr. CAGR %	-1.33	12.51	15.08	15.97	28.79
Earnings From Cont. Operations, 5 Yr. CAGR %	1.63	15.8	15.72	12.15	50.04
Net Income, 5 Yr. CAGR %	1.08	12.47	16.29	11.93	68.8
Diluted EPS Before Extra, 5 Yr. CAGR %	1.61	15.5	12.41	5.16	55
Normalized Net Income, 5 Yr. CAGR %	-0.18	7.21	9.96	13.06	41
Net Property, Plant and Equip., 5 Yr. CAGR %	7.42	20.54	14.72	16.15	15.7
Inventory, 5 Yr. CAGR %	2.55	15.55	13.64	13.58	12.93
Accounts Receivable, 5 Yr. CAGR %	4.21	12.77	9.4	7.45	7.36
Total Assets, 5 Yr. CAGR %	6.94	13.88	13.05	12.21	9.27
Common Equity, 5 Yr. CAGR %	8.25	10.38	15.97	16.83	8.44
Tangible Book Value, 5 Yr. CAGR %	-31.63	32.31	15.17	11.23	19.11
Cash From Operations, 5 Yr. CAGR %	4.25	11.09	12	10.29	13.59
Capital Expenditures, 5 Yr. CAGR %	5.02	13.23	16.18	12.09	13.69
Levered Free Cash Flow, 5 Yr. CAGR %	15.67	38.17	9.38	0.23	29.68
Unlevered Free Cash Flow, 5 Yr. CAGR %	12.82	30.45	9.65	2.28	24.68
Dividend Per Share, 5 Yr. CAGR %	4.56	5.92	6.32	22.87	16.47