Balance Sheet Verbund AG

Equities

VER

AT0000746409

Electric Utilities

Market Closed - Wiener Boerse Other stock markets 09:05:59 05/06/2026 pm IST			5-day change	1st Jan Change
59.35 ^EUR	+0.94%		+3.13%	-4.27%

21/05	Berenberg Cuts Price Target, Forecasts for Verbund on Generation, Tax Headwinds	MT
18/05	Verbund Kept at Underperform as RBC Notes Q1 Results; Estimates Updated	MT

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Published financial data: VERBUND AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues - (Utility Template)	456.82Cr	1.01TCr	1.01TCr	793.95Cr	766.28Cr
Other Revenues, Total	22Cr	30Cr	33Cr	32Cr	37Cr
Total Revenues	478.74Cr	1.04TCr	1.05TCr	825.81Cr	803.31Cr
Fuel & Purchased Power	286.27Cr	732.45Cr	566.82Cr	399.21Cr	420.42Cr
Selling General & Admin Expenses, Total	1.61Cr	-	60L	46L	55L
Depreciation & Amortization - (IS) - (Collected)	42Cr	46Cr	54Cr	58Cr	63Cr
Other Operating Expenses	35Cr	-12Cr	33Cr	79Cr	109.01Cr
Total Operating Expenses	364.7Cr	766.78Cr	654.07Cr	536.24Cr	592.49Cr
Operating Income (REIT / Utility Template)	114.04Cr	268.97Cr	393.02Cr	289.56Cr	210.82Cr
Interest Expense, Total	-7.78Cr	-10Cr	-12Cr	-13Cr	-11Cr
Interest and Investment Income	4.21Cr	4.22Cr	7.21Cr	8.18Cr	5.09Cr
Net Interest Expenses	-3.57Cr	-5.95Cr	-5.28Cr	-4.34Cr	-6.25Cr
Income (Loss) on Equity Invest.	5.44Cr	1.23Cr	9.3Cr	11Cr	9.26Cr
Currency Exchange Gains (Loss)	0	-3L	-	-	-
Other Non Operating Income (Expenses)	37.62L	-3.18Cr	1.15Cr	-3.02Cr	-2.63Cr
EBT, Excl. Unusual Items	116.28Cr	261.05Cr	398.18Cr	293.43Cr	211.2Cr
Impairment of Goodwill	-88L	-13Cr	-7.84Cr	-	-
Gain (Loss) on Sale of Investments	-	-	99L	-	-
Gain (Loss) on Sale of Assets	10L	4L	16L	7L	17L
Asset Writedown	11Cr	1.53Cr	-36Cr	-16Cr	-1L
Insurance Settlements	2.03Cr	79L	34L	62L	25L
Other Unusual Items	-2.33Cr	3.16Cr	15L	-	-
EBT, Incl. Unusual Items	126.45Cr	253.21Cr	355.74Cr	277.82Cr	211.61Cr
Income Tax Expense	28Cr	58Cr	83Cr	64Cr	42Cr
Earnings From Continuing Operations	99Cr	194.88Cr	273.21Cr	213.97Cr	169.34Cr
Net Income to Company	99Cr	194.88Cr	273.21Cr	213.97Cr	169.34Cr
Minority Interest	-11Cr	-23Cr	-47Cr	-26Cr	-20Cr
Net Income - (IS)	87Cr	171.7Cr	226.61Cr	187.53Cr	148.94Cr
Net Income to Common Incl Extra Items	87Cr	171.7Cr	226.61Cr	187.53Cr	148.94Cr
Net Income to Common Excl. Extra Items	87Cr	171.7Cr	226.61Cr	187.53Cr	148.94Cr
Per Share Items
Net EPS - Basic	2.51	4.94	6.52	5.4	4.29
Basic EPS - Continuing Operations	2.51	4.94	6.52	5.4	4.29
Basic Weighted Average Shares Outstanding	35Cr	35Cr	35Cr	35Cr	35Cr
Net EPS - Diluted	2.51	4.94	6.52	5.4	4.29
Diluted EPS - Continuing Operations	2.51	4.94	6.52	5.4	4.29
Diluted Weighted Average Shares Outstanding	35Cr	35Cr	35Cr	35Cr	35Cr
Normalized Basic EPS	1.77	4.03	5.82	4.52	3.21
Normalized Diluted EPS	1.77	4.03	5.82	4.52	3.21
Dividend Per Share	1.05	2.44	3.4	2.8	2
Payout Ratio	29.83	27.83	68.56	103.13	89.26
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
Utility Revenues	456.82Cr	1.01TCr	1.01TCr	793.95Cr	766.28Cr
Non Utility Revenues	31Cr	40Cr	41Cr	44Cr	49Cr
EBITDA	152.8Cr	314.27Cr	445.43Cr	345.78Cr	271.51Cr
EBITA	115.28Cr	270.65Cr	395.16Cr	292.07Cr	213.88Cr
EBIT	114.04Cr	268.97Cr	393.02Cr	289.56Cr	210.82Cr
EBITDAR	152.82Cr	319.96Cr	455.04Cr	352.83Cr	279.28Cr
Effective Tax Rate - (Ratio)	22.09	23.04	23.2	22.98	19.97
Total Current Taxes	25Cr	58Cr	76Cr	63Cr	31Cr
Total Deferred Taxes	2.93Cr	13L	6.54Cr	80L	11Cr
Normalized Net Income	62Cr	139.98Cr	202.26Cr	156.95Cr	111.6Cr
Interest Capitalized	49L	67L	83L	1.17Cr	1.19Cr
Interest on Long-Term Debt	4.93Cr	5.55Cr	8.04Cr	6.72Cr	6.94Cr
Non-Cash Pension Expense	44L	59L	1.46Cr	1.35Cr	1.39Cr
Supplemental Operating Expense Items
Advertising Expense	1.61Cr	-	-	-	-
Selling and Marketing Expenses	1.61Cr	-	-	-	-
Research And Development Expense From Footnotes	1.13Cr	1.02Cr	1.27Cr	1.23Cr	1.51Cr
Net Rental Expense, Total	2L	5.69Cr	9.61Cr	7.05Cr	7.77Cr
Imputed Operating Lease Interest Expense	55.24T	1.32Cr	3.08Cr	3.01Cr	3.17Cr
Imputed Operating Lease Depreciation	1L	4.37Cr	6.53Cr	4.04Cr	4.6Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	32Cr	41Cr	96Cr	80Cr	7.28Cr
Short Term Investments - (Utility / Insurance Templates)	43L	2L	44L	25L	11L
Trading Asset Securities, Total	-	-	-	7.72Cr	6.34Cr
Accounts Receivable, Total	82Cr	97Cr	97Cr	87Cr	76Cr
Other Receivables	8.08Cr	7.28Cr	12Cr	18Cr	27Cr
Accounts Receivable (Summary Subtotal)	90Cr	104.14Cr	109.66Cr	104.46Cr	102.31Cr
Inventory - (Utility Template)	4.99Cr	12Cr	8.08Cr	9.43Cr	7.59Cr
Notes Receivable (Collected)	4.91Cr	35L	2.25Cr	9.87Cr	21Cr
Other Current Assets, Total	291.3Cr	233.47Cr	142.19Cr	39Cr	28Cr
Total Current Assets	423.41Cr	391.2Cr	359.02Cr	249.84Cr	172.13Cr
Gross Property Plant And Equipment	2.08TCr	2.26TCr	2.38TCr	2.52TCr	2.66TCr
Accumulated Depreciation	-1.01TCr	-1.06TCr	-1.1TCr	-1.2TCr	-1.25TCr
Net Property Plant And Equipment	1.08TCr	1.2TCr	1.29TCr	1.33TCr	1.41TCr
Goodwill	67Cr	71Cr	63Cr	63Cr	63Cr
Other Intangibles, Total	12Cr	54Cr	37Cr	47Cr	45Cr
Long-Term Investments - (Utility Template)	79Cr	75Cr	91Cr	107.99Cr	141.9Cr
Loans Receivable Long-Term - (Utility Template)	3.02Cr	6.75Cr	5.2Cr	33Cr	11Cr
Deferred Tax Assets Long-Term (Collected)	3.58Cr	3.58Cr	6.28Cr	5.93Cr	5.62Cr
Other Long-Term Assets, Total	46Cr	112.29Cr	100.05Cr	38Cr	16Cr
Total Assets	1.71TCr	1.92TCr	1.95TCr	1.87TCr	1.86TCr
Liabilities
Accounts Payable, Total	29Cr	41Cr	33Cr	37Cr	27Cr
Accrued Expenses, Total	16Cr	23Cr	30Cr	16Cr	22Cr
Short-Term Borrowings	-	-	-	5.82Cr	-
Current Portion of Long-Term Debt	146.84Cr	110.93Cr	85Cr	16Cr	49Cr
Current Portion of Leases	83L	1.08Cr	1.26Cr	1.09Cr	1.59Cr
Current Income Taxes Payable	22Cr	46Cr	65Cr	37Cr	1.62Cr
Unearned Revenue, Current	7.68Cr	8.02Cr	20Cr	6.79Cr	2.47Cr
Other Current Liabilities - (Bank / Utility Template)	411.13Cr	184.17Cr	81Cr	59Cr	71Cr
Total Current Liabilities	634.42Cr	414.54Cr	316.13Cr	177.37Cr	176.09Cr
Long-Term Debt	138.7Cr	240.57Cr	113.44Cr	176.08Cr	172.87Cr
Long-Term Leases	53Cr	56Cr	57Cr	53Cr	22Cr
Unearned Revenue Non Current	79Cr	79Cr	85Cr	91Cr	92Cr
Pension & Other Post Retirement Benefits	58Cr	40Cr	41Cr	44Cr	39Cr
Deferred Tax Liability Non-Current	49Cr	80Cr	135.95Cr	123.55Cr	130.19Cr
Other Non Current Liabilities, Total	63Cr	172.25Cr	78Cr	100.29Cr	95Cr
Total Liabilities	1.07TCr	1.08TCr	826.44Cr	765.35Cr	727.85Cr
Common Stock, Total	35Cr	35Cr	35Cr	35Cr	35Cr
Retained Earnings	593.75Cr	730.5Cr	832.27Cr	875.94Cr	928.17Cr
Comprehensive Income and Other	-82Cr	-38Cr	129.9Cr	87Cr	71Cr
Total Common Equity	546.16Cr	727.6Cr	996.91Cr	997.76Cr	1.03TCr
Minority Interest	90Cr	104.7Cr	125.18Cr	108.72Cr	99Cr
Total Equity	636.29Cr	832.3Cr	1.12TCr	1.11TCr	1.13TCr
Total Liabilities And Equity	1.71TCr	1.92TCr	1.95TCr	1.87TCr	1.86TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	35Cr	35Cr	35Cr	35Cr	35Cr
ECS Total Common Shares Outstanding	35Cr	35Cr	35Cr	35Cr	35Cr
Book Value / Share	15.72	20.94	28.7	28.72	29.77
Tangible Book Value	467.29Cr	603.12Cr	896.89Cr	887.24Cr	925.19Cr
Tangible Book Value Per Share	13.45	17.36	25.82	25.54	26.63
Total Debt	339.68Cr	409.07Cr	256.84Cr	251.24Cr	245.97Cr
Net Debt	307.39Cr	368.12Cr	159.99Cr	163.76Cr	232.24Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	55Cr	40Cr	40Cr	41Cr	36Cr
Debt Equivalent Oper. Leases	16L	46Cr	77Cr	56Cr	62Cr
Minority Interest, Total (Incl. Fin. Div)	90Cr	104.7Cr	125.18Cr	108.72Cr	99Cr
Equity Method Investments, Total	42Cr	39Cr	55Cr	70Cr	76Cr
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.31Cr	10Cr	3.54Cr	6.18Cr	2.26Cr
Inventories - Finished Goods, Total	1.32Cr	11L	1.65Cr	2.19Cr	2.71Cr
Inventories - Others	1.36Cr	1.89Cr	2.89Cr	1.06Cr	2.62Cr
Land - (BS)	799.25Cr	845.24Cr	856.89Cr	888.95Cr	1.83TCr
Machinery, Total	1.14TCr	1.17TCr	1.23TCr	1.14TCr	655.08Cr
Full Time Employees	3.62T	4T	4.38T	4.12T	4.34T
Part Time Employees	-	-	-	307	346
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	87Cr	171.7Cr	226.61Cr	187.53Cr	148.94Cr
Depreciation, Depletion & Amortization	40Cr	45Cr	52Cr	55Cr	59Cr
Amortization of Goodwill and Intangible Assets - (CF)	1.24Cr	1.68Cr	2.14Cr	2.51Cr	3.06Cr
Total Depreciation, Depletion & Amortization	42Cr	46Cr	54Cr	58Cr	62Cr
(Gain) Loss On Sale of Asset - (CF)	-29.01L	49.14L	24.03L	27.7L	24.01L
(Gain) Loss on Sale of Investments - (CF)	-65.33L	1.18Cr	-1.07Cr	-54.55L	29.55L
Total Asset Writedown	-12Cr	6.89Cr	45Cr	18Cr	2L
(Income) Loss On Equity Investments - (CF)	-2.94Cr	1.73Cr	-4.86Cr	-1.87Cr	-88.76L
Change in Accounts Receivable	-269.62Cr	-19Cr	36Cr	17Cr	-13Cr
Change In Inventories	-98.95L	-7.31Cr	4.59Cr	-1.35Cr	1.84Cr
Change in Accounts Payable	151.32Cr	34Cr	27Cr	-11Cr	-1.09Cr
Change in Other Net Operating Assets (Collected)	1.89Cr	-57Cr	82Cr	26Cr	-39Cr
Other Operating Activities	14Cr	23Cr	40Cr	33Cr	32Cr
Cash from Operations	9.82Cr	201.99Cr	508.3Cr	324.86Cr	191.85Cr
Capital Expenditure	-85Cr	-109.12Cr	-139.85Cr	-113.75Cr	-136.83Cr
Sale of Property, Plant, and Equipment	27.49L	1.91Cr	81.77L	59.93L	1.65Cr
Cash Acquisitions	-25Cr	-48Cr	-1.17Cr	-	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-68.25L	-4.06Cr	-3.9Cr	-3.49Cr	4L
Other Investing Activities, Total	-1T	1T	1T	-	2T
Cash from Investing	-110.53Cr	-159.12Cr	-144.1Cr	-116.64Cr	-135.14Cr
Long-Term Debt Issued, Total	49Cr	63Cr	1.21Cr	63Cr	-
Total Debt Issued	49Cr	63Cr	1.21Cr	63Cr	-
Long-Term Debt Repaid, Total	-27Cr	-13Cr	-59Cr	-77Cr	-12Cr
Total Debt Repaid	-27Cr	-13Cr	-59Cr	-77Cr	-12Cr
Common Dividends Paid	-26Cr	-48Cr	-155.36Cr	-193.4Cr	-132.94Cr
Common & Preferred Stock Dividends Paid	-26Cr	-48Cr	-155.36Cr	-193.4Cr	-132.94Cr
Other Financing Activities, Total	132.15Cr	-36Cr	-96Cr	-17Cr	16Cr
Cash from Financing	127.65Cr	-34Cr	-308.72Cr	-225.1Cr	-128.94Cr
Miscellaneous Cash Flow Adjustments	1T	-	-	-	-
Net Change in Cash	27Cr	9.07Cr	55Cr	-17Cr	-72Cr
Supplemental Items
Cash Interest Paid	1.79Cr	3.61Cr	6.25Cr	3.91Cr	3.44Cr
Cash Income Tax Paid (Refund)	24Cr	34Cr	62Cr	87Cr	76Cr
Net Debt Issued / Repaid	22Cr	50Cr	-57Cr	-14Cr	-12Cr
Levered Free Cash Flow	82Cr	-44Cr	166.79Cr	136.48Cr	19Cr
Unlevered Free Cash Flow	87Cr	-38Cr	174.6Cr	144.3Cr	26Cr
Change In Net Working Capital	-59Cr	142.82Cr	-15Cr	-19Cr	32Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	4.9	9.23	12.71	9.47	7.06
Return on Total Capital	7.94	15.16	18.75	13.2	9.65
Return On Equity %	14.96	26.54	27.96	19.2	15.12
Return on Common Equity	15.04	26.96	26.28	18.8	14.66
Margin Analysis
Gross Profit Margin %	40.2	29.28	45.87	51.66	47.66
SG&A Margin	8.35	4.14	4.9	6.97	7.62
EBITDA Margin %	31.92	30.34	42.54	41.87	33.8
EBITA Margin %	24.08	26.13	37.74	35.37	26.63
EBIT Margin %	23.82	25.97	37.53	35.06	26.24
Income From Continuing Operations Margin %	20.58	18.82	26.09	25.91	21.08
Net Income Margin %	18.25	16.58	21.64	22.71	18.54
Net Avail. For Common Margin %	18.25	16.58	21.64	22.71	18.54
Normalized Net Income Margin	12.85	13.51	19.32	19.01	13.89
Levered Free Cash Flow Margin	17.12	-4.24	15.93	16.53	2.31
Unlevered Free Cash Flow Margin	18.13	-3.63	16.67	17.47	3.19
Asset Turnover
Asset Turnover	0.33	0.57	0.54	0.43	0.43
Fixed Assets Turnover	0.47	0.91	0.84	0.63	0.59
Receivables Turnover (Average Receivables)	7.87	11.26	10.45	8.64	9.44
Inventory Turnover (Average Inventory)	69.02	84.72	55.63	45.61	49.4
Short Term Liquidity
Current Ratio	0.67	0.94	1.14	1.41	0.98
Quick Ratio	0.19	0.35	0.65	1.08	0.66
Operating Cash Flow to Current Liabilities	0.02	0.49	1.61	1.83	1.09
Days Sales Outstanding (Average Receivables)	46.39	32.43	34.92	42.37	38.68
Days Outstanding Inventory (Average Inventory)	5.29	4.31	6.56	8.02	7.39
Average Days Payable Outstanding	32.8	17.42	24.01	31.9	30.21
Cash Conversion Cycle (Average Days)	18.87	19.31	17.47	18.49	15.86
Long Term Solvency
Total Debt/Equity	53.38	49.15	22.89	22.71	21.71
Total Debt / Total Capital	34.8	32.95	18.63	18.5	17.84
LT Debt/Equity	30.18	35.69	15.18	20.68	17.2
Long-Term Debt / Total Capital	19.67	23.93	12.35	16.85	14.13
Total Liabilities / Total Assets	62.81	56.55	42.41	40.89	39.11
EBIT / Interest Expense	14.66	26.45	31.47	23.13	18.6
EBITDA / Interest Expense	20.02	31	35.77	27.75	24.12
(EBITDA - Capex) / Interest Expense	9.04	20.27	24.57	18.66	12.04
Total Debt / EBITDA	2.18	1.3	0.57	0.72	0.9
Net Debt / EBITDA	1.97	1.17	0.36	0.47	0.85
Total Debt / (EBITDA - Capex)	4.83	1.98	0.84	1.08	1.8
Net Debt / (EBITDA - Capex)	4.37	1.79	0.52	0.7	1.7
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	38.49	116.35	1.1	-21.13	-2.72
Gross Profit, 1 Yr. Growth %	-2.48	57.58	58.35	-11.18	-10.25
EBITDA, 1 Yr. Growth %	21.75	105.67	42.18	-22.69	-21.48
EBITA, 1 Yr. Growth %	25.25	134.78	46.53	-26.43	-26.77
EBIT, 1 Yr. Growth %	25.08	135.86	46.65	-26.66	-27.19
Earnings From Cont. Operations, 1 Yr. Growth %	38.85	97.83	40.2	-21.68	-20.86
Net Income, 1 Yr. Growth %	38.35	96.55	31.98	-17.25	-20.58
Diluted EPS Before Extra, 1 Yr. Growth %	38.35	96.55	31.98	-17.25	-20.58
Normalized Net Income, 1 Yr. Growth %	26.69	127.53	44.76	-22.68	-28.9
Net Property, Plant and Equip., 1 Yr. Growth %	13.21	11.57	7.02	3.08	6
Inventory, 1 Yr. Growth %	51.1	146.4	-34.33	16.74	-19.49
Accounts Receivable, 1 Yr. Growth %	138.83	18.35	0.35	-10.91	-12.47
Total Assets, 1 Yr. Growth %	42.74	10.85	1.72	-3.94	-0.58
Tangible Book Value, 1 Yr. Growth %	-14.78	29.07	48.71	-1.08	4.28
Cash From Operations, 1 Yr. Growth %	-91.7	1.96T	151.65	-36.09	-40.94
Capital Expenditures, 1 Yr. Growth %	41.78	27.77	28.16	-18.66	20.29
Levered Free Cash Flow, 1 Yr. Growth %	36.59	-153.95	-478.29	-20.98	-86.94
Unlevered Free Cash Flow, 1 Yr. Growth %	33.44	-143.54	-557.4	-20.56	-82.9
Dividend Per Share, 1 Yr. Growth %	40	132.38	39.34	-17.65	-28.57
Common Equity, 1 Yr. Growth %	-11.21	33.22	37.01	0.08	3.64
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.71	73.1	47.89	-10.71	-12.41
Gross Profit, 2 Yr. CAGR %	6.33	23.97	57.96	18.6	-10.71
EBITDA, 2 Yr. CAGR %	15.36	58.24	70.74	5.06	-22.09
EBITA, 2 Yr. CAGR %	18.13	71.48	85.14	4.07	-26.6
EBIT, 2 Yr. CAGR %	18.03	71.76	85.64	3.95	-26.93
Earnings From Cont. Operations, 2 Yr. CAGR %	24	65.74	66.54	4.78	-21.27
Net Income, 2 Yr. CAGR %	25.48	64.9	61.06	4.51	-18.93
Diluted EPS Before Extra, 2 Yr. CAGR %	25.48	64.9	61.06	4.51	-18.93
Normalized Net Income, 2 Yr. CAGR %	26.89	69.78	81.32	5.98	-25.85
Net Property, Plant and Equip., 2 Yr. CAGR %	7.97	12.39	9.28	5.04	4.53
Inventory, 2 Yr. CAGR %	20.6	92.95	27.2	-12.45	-3.05
Accounts Receivable, 2 Yr. CAGR %	51.24	68.12	8.98	-5.44	-11.69
Total Assets, 2 Yr. CAGR %	20.22	26.41	6.19	-1.15	-2.27
Common Equity, 2 Yr. CAGR %	-3.69	8.76	35.1	17.1	1.85
Tangible Book Value, 2 Yr. CAGR %	-5.53	4.88	38.54	21.29	1.57
Cash From Operations, 2 Yr. CAGR %	-71.45	30.71	619.59	26.82	-38.56
Capital Expenditures, 2 Yr. CAGR %	47.76	34.6	27.97	2.1	-1.09
Levered Free Cash Flow, 2 Yr. CAGR %	54.7	-14.44	43.13	75.94	-67.2
Unlevered Free Cash Flow, 2 Yr. CAGR %	45.26	-24.01	42.25	94.43	-62.41
Dividend Per Share, 2 Yr. CAGR %	23.36	80.37	79.95	7.12	-23.3
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	21.33	38.42	44.69	19.93	-8.12
Gross Profit, 3 Yr. CAGR %	11.99	21.23	34.51	30.38	8.08
EBITDA, 3 Yr. CAGR %	21.04	39.88	52.54	31.29	-4.66
EBITA, 3 Yr. CAGR %	28.65	48.52	62.53	36.33	-7.44
EBIT, 3 Yr. CAGR %	28.74	48.67	62.75	36.43	-7.69
Earnings From Cont. Operations, 3 Yr. CAGR %	27.41	44.89	56.74	29.51	-4.57
Net Income, 3 Yr. CAGR %	26.34	45.73	53.1	29	-4.63
Diluted EPS Before Extra, 3 Yr. CAGR %	26.34	45.73	53.1	29	-4.63
Normalized Net Income, 3 Yr. CAGR %	33.34	54.15	60.9	36.64	-7.22
Net Property, Plant and Equip., 3 Yr. CAGR %	6.36	9.16	10.57	7.17	5.36
Inventory, 3 Yr. CAGR %	11.55	53.03	34.72	23.61	-14.86
Accounts Receivable, 3 Yr. CAGR %	27.56	39.37	41.55	1.9	-7.84
Total Assets, 3 Yr. CAGR %	13.49	17.4	17.58	2.7	-0.96
Common Equity, 3 Yr. CAGR %	0.97	7.31	17.46	22.25	12.43
Tangible Book Value, 3 Yr. CAGR %	0.08	4.83	17.83	23.83	15.33
Cash From Operations, 3 Yr. CAGR %	-47.13	18.81	62.61	221.06	-1.7
Capital Expenditures, 3 Yr. CAGR %	42.43	40.77	32.42	10.03	7.83
Levered Free Cash Flow, 3 Yr. CAGR %	51.22	8.65	40.61	18.79	-25.03
Unlevered Free Cash Flow, 3 Yr. CAGR %	39.96	-2.99	38.97	18.7	-12.4
Dividend Per Share, 3 Yr. CAGR %	35.72	52.35	65.5	38.67	-6.41
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.27	28.85	31.33	16.15	18.37
Gross Profit, 5 Yr. CAGR %	6.32	17.17	28.5	20.17	14.17
EBITDA, 5 Yr. CAGR %	10.64	28.64	38.89	24.67	16.69
EBITA, 5 Yr. CAGR %	14.37	37.19	48.82	28.73	18.37
EBIT, 5 Yr. CAGR %	14.39	37.33	49.04	28.75	18.25
Earnings From Cont. Operations, 5 Yr. CAGR %	16.47	45.24	41.82	27.27	19.01
Net Income, 5 Yr. CAGR %	15.53	41.62	39.23	27.58	18.72
Diluted EPS Before Extra, 5 Yr. CAGR %	15.53	41.62	39.23	27.58	18.72
Normalized Net Income, 5 Yr. CAGR %	15.62	32.99	50.78	32.65	18.11
Net Property, Plant and Equip., 5 Yr. CAGR %	3.64	6.27	7.51	7.49	8.11
Inventory, 5 Yr. CAGR %	40.59	63.62	17.56	22.4	18.1
Accounts Receivable, 5 Yr. CAGR %	18.77	22.88	19.78	19.34	17.21
Total Assets, 5 Yr. CAGR %	8.2	11.17	10.73	9.6	9.19
Common Equity, 5 Yr. CAGR %	2.27	7.52	13.45	11.13	10.95
Tangible Book Value, 5 Yr. CAGR %	2.8	6.57	13.99	11.13	11.03
Cash From Operations, 5 Yr. CAGR %	-34.34	25.82	50.24	21.95	10.17
Capital Expenditures, 5 Yr. CAGR %	28.04	34.99	36.46	23.8	17.83
Levered Free Cash Flow, 5 Yr. CAGR %	5.36	3.43	47.73	31.85	-20.9
Unlevered Free Cash Flow, 5 Yr. CAGR %	3.94	-3.64	40.7	28.53	-16.98
Dividend Per Share, 5 Yr. CAGR %	29.35	42.18	51.93	32.33	21.67