Cash flow Vestas Wind Systems A/S

Equities

VWS

DK0061539921

Renewable Energy Equipment & Services

Market Closed - Nasdaq Copenhagen Other stock markets 08:50:00 13/05/2026 pm IST			5-day change	1st Jan Change
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15/05	Nordex: Between Maturity and Vigilance
15/05	Vestas says Capital Group Companies increases holding to 5.04% in Vestas as of May 8, 2026	RE

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Published financial data: VESTAS WIND SYSTEMS A/S

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.56TCr	1.45TCr	1.54TCr	1.73TCr	1.88TCr
Total Revenues	1.56TCr	1.45TCr	1.54TCr	1.73TCr	1.88TCr
Cost of Goods Sold, Total	1.4TCr	1.43TCr	1.41TCr	1.52TCr	1.63TCr
Gross Profit	156Cr	19Cr	128.3Cr	205.7Cr	249.7Cr
Selling General & Admin Expenses, Total	74Cr	79Cr	88Cr	94Cr	100.6Cr
R&D Expenses	36Cr	36Cr	37Cr	38Cr	42Cr
Other Operating Expenses, Total	109.9Cr	115.4Cr	124.7Cr	131.8Cr	143Cr
Operating Income	46Cr	-96Cr	3.6Cr	74Cr	106.7Cr
Interest Expense, Total	-5.2Cr	-6.3Cr	-24Cr	-19Cr	-14Cr
Interest And Investment Income	1.9Cr	3.7Cr	20Cr	16Cr	20Cr
Net Interest Expenses	-3.3Cr	-2.6Cr	-3Cr	-3.7Cr	5Cr
Income (Loss) On Equity Invest.	3.6Cr	1Cr	2.2Cr	-10L	70L
Currency Exchange Gains (Loss)	-4.5Cr	-7Cr	-9.9Cr	-2Cr	1.5Cr
Other Non Operating Income (Expenses)	-2.3Cr	-1.4Cr	-3.7Cr	-2.9Cr	-4.8Cr
EBT, Excl. Unusual Items	40Cr	-106.2Cr	-11Cr	65Cr	109.1Cr
Restructuring Charges	-14Cr	-44Cr	6.1Cr	5.3Cr	-5.2Cr
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	15Cr	-	-
Asset Writedown	-	-19Cr	-	-	-
EBT, Incl. Unusual Items	26Cr	-169.6Cr	10Cr	70Cr	103.9Cr
Income Tax Expense	8.1Cr	-12Cr	2.4Cr	21Cr	26Cr
Earnings From Continuing Operations	18Cr	-157.2Cr	7.6Cr	49Cr	78Cr
Net Income to Company	18Cr	-157.2Cr	7.6Cr	49Cr	78Cr
Minority Interest	-90L	-	10L	50L	-20L
Net Income - (IS)	17Cr	-157.2Cr	7.7Cr	50Cr	78Cr
Net Income to Common Incl Extra Items	17Cr	-157.2Cr	7.7Cr	50Cr	78Cr
Net Income to Common Excl. Extra Items	17Cr	-157.2Cr	7.7Cr	50Cr	78Cr
Per Share Items
Net EPS - Basic	0.17	-1.56	0.08	0.5	0.78
Basic EPS - Continuing Operations	0.17	-1.56	0.08	0.5	0.78
Basic Weighted Average Shares Outstanding	100.5Cr	100.62Cr	100.64Cr	100.6Cr	100Cr
Net EPS - Diluted	0.17	-1.56	0.08	0.49	0.77
Diluted EPS - Continuing Operations	0.17	-1.56	0.08	0.49	0.77
Diluted Weighted Average Shares Outstanding	100.8Cr	100.62Cr	100.98Cr	101.01Cr	100.38Cr
Normalized Basic EPS	0.24	-0.66	-0.07	0.41	0.68
Normalized Diluted EPS	0.24	-0.66	-0.07	0.41	0.68
Dividend Per Share	0.05	-	-	0.07	0.1
Payout Ratio	136.53	-3.18	-	-	9.51
American Depositary Receipts Ratio (ADR)	0.33	0.33	0.33	0.33	0.33
Supplemental Items
EBITDA	92Cr	-67Cr	43Cr	113.6Cr	150.1Cr
EBITA	53Cr	-91Cr	7.1Cr	76Cr	108.2Cr
EBIT	46Cr	-96Cr	3.6Cr	74Cr	106.7Cr
EBITDAR	95Cr	-62Cr	50Cr	120.2Cr	152.4Cr
Effective Tax Rate - (Ratio)	31.52	7.31	24	29.93	24.93
Total Current Taxes	-6Cr	13Cr	-5.4Cr	8.7Cr	32Cr
Total Deferred Taxes	12Cr	-32Cr	9.7Cr	11Cr	-6.6Cr
Normalized Net Income	24Cr	-66Cr	-6.65Cr	41Cr	68Cr
Interest Capitalized	-	-	-	85L	1Cr
Interest on Long-Term Debt	1.3Cr	1.2Cr	1.6Cr	2.6Cr	3Cr
Supplemental Operating Expense Items
Selling and Marketing Expenses	37Cr	44Cr	45Cr	54Cr	54Cr
General and Administrative Expenses	37Cr	35Cr	42Cr	40Cr	46Cr
Research And Development Expense From Footnotes	36Cr	58Cr	37Cr	61Cr	73Cr
Net Rental Expense, Total	3.2Cr	5.1Cr	6.9Cr	6.6Cr	2.3Cr
Imputed Operating Lease Interest Expense	95.42L	1.33Cr	4.46Cr	3.21Cr	85.84L
Imputed Operating Lease Depreciation	2.25Cr	3.77Cr	2.44Cr	3.39Cr	1.44Cr
Stock-Based Comp., Other (Total)	1.3Cr	70L	3.4Cr	2.8Cr	4.1Cr
Total Stock-Based Compensation	1.3Cr	70L	3.4Cr	2.8Cr	4.1Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	242Cr	237.8Cr	331.8Cr	381.7Cr	438.4Cr
Short Term Investments	12Cr	-	30L	16Cr	16Cr
Total Cash And Short Term Investments	253.6Cr	237.8Cr	332.1Cr	397.7Cr	454.8Cr
Accounts Receivable, Total	275.8Cr	267.9Cr	308.2Cr	384.6Cr	422.3Cr
Other Receivables	120.7Cr	127.2Cr	148.3Cr	173.2Cr	177.8Cr
Total Receivables	396.5Cr	395.1Cr	456.5Cr	557.8Cr	600.1Cr
Inventory	567.3Cr	637.3Cr	653Cr	600.8Cr	572.1Cr
Other Current Assets, Total	69Cr	93Cr	50Cr	53Cr	57Cr
Total Current Assets	1.29TCr	1.36TCr	1.49TCr	1.61TCr	1.68TCr
Gross Property Plant And Equipment	496.1Cr	496.1Cr	544.1Cr	627.6Cr	684.7Cr
Accumulated Depreciation	-287Cr	-320.9Cr	-353Cr	-392.3Cr	-405.5Cr
Net Property Plant And Equipment	209.1Cr	175.2Cr	191.1Cr	235.3Cr	279.2Cr
Long-term Investments	79Cr	83Cr	79Cr	84Cr	74Cr
Goodwill	150.8Cr	151.4Cr	150.7Cr	151.3Cr	149.7Cr
Other Intangibles, Total	162.2Cr	155.1Cr	169.6Cr	187.2Cr	193.9Cr
Deferred Tax Assets Long-Term	37Cr	50Cr	80Cr	72Cr	88Cr
Other Long-Term Assets, Total	46Cr	32Cr	89Cr	125.4Cr	104.6Cr
Total Assets	1.97TCr	2.01TCr	2.25TCr	2.46TCr	2.57TCr
Liabilities
Accounts Payable, Total	428.6Cr	408.9Cr	373.8Cr	412.9Cr	476.6Cr
Current Portion of Long-Term Debt	56Cr	11Cr	90L	40L	53Cr
Current Portion of Leases	14Cr	14Cr	15Cr	20Cr	25Cr
Current Income Taxes Payable	7.5Cr	5.8Cr	18Cr	14Cr	12Cr
Unearned Revenue Current, Total	618Cr	693.7Cr	799.5Cr	899.7Cr	927Cr
Other Current Liabilities	145.5Cr	218.1Cr	194.8Cr	201.3Cr	191.4Cr
Total Current Liabilities	1.27TCr	1.35TCr	1.4TCr	1.55TCr	1.68TCr
Long-Term Debt	33Cr	182.8Cr	282.2Cr	220.5Cr	172.1Cr
Long-Term Leases	40Cr	35Cr	40Cr	87Cr	87Cr
Deferred Tax Liability Non Current	36Cr	16Cr	16Cr	18Cr	22Cr
Other Non Current Liabilities	115.7Cr	118Cr	206.4Cr	237.2Cr	218.7Cr
Total Liabilities	1.5TCr	1.7TCr	1.95TCr	2.11TCr	2.19TCr
Common Stock, Total	2.7Cr	2.7Cr	2.7Cr	2.7Cr	2.7Cr
Retained Earnings	469.9Cr	300.2Cr	310.2Cr	358Cr	405.5Cr
Comprehensive Income and Other	2.2Cr	1.5Cr	-10Cr	-7.8Cr	-22Cr
Total Common Equity	474.8Cr	304.4Cr	302.7Cr	352.9Cr	386.7Cr
Minority Interest	1.3Cr	1.6Cr	1.5Cr	1.3Cr	1.4Cr
Total Equity	476.1Cr	306Cr	304.2Cr	354.2Cr	388.1Cr
Total Liabilities And Equity	1.97TCr	2.01TCr	2.25TCr	2.46TCr	2.57TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	100.51Cr	100.62Cr	100.65Cr	100.58Cr	99Cr
ECS Total Common Shares Outstanding	100.51Cr	100.62Cr	100.65Cr	100.58Cr	99Cr
Book Value / Share	4.72	3.03	3.01	3.51	3.9
Tangible Book Value	161.8Cr	-2.1Cr	-18Cr	14Cr	43Cr
Tangible Book Value Per Share	1.61	-0.02	-0.17	0.14	0.44
Total Debt	143.6Cr	242.7Cr	338.7Cr	327.1Cr	337.4Cr
Net Debt	-110Cr	4.9Cr	6.6Cr	-71Cr	-117.4Cr
Debt Equivalent Oper. Leases	26Cr	41Cr	55Cr	53Cr	18Cr
Minority Interest, Total (Incl. Fin. Div)	1.3Cr	1.6Cr	1.5Cr	1.3Cr	1.4Cr
Equity Method Investments, Total	61Cr	65Cr	59Cr	58Cr	57Cr
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	74Cr	67Cr	65Cr	90Cr	101.7Cr
Inventories - Work In Process, Total	30Cr	24Cr	34Cr	53Cr	61Cr
Inventories - Finished Goods, Total	375.3Cr	448.7Cr	449Cr	351.5Cr	298.2Cr
Inventories - Others	88Cr	98Cr	105.2Cr	106.1Cr	111.3Cr
Land - (BS)	113.5Cr	113.5Cr	105.9Cr	109.4Cr	115.4Cr
Machinery, Total	288.2Cr	288.2Cr	305.7Cr	339.5Cr	389.5Cr
Full Time Employees	29.43T	28.44T	30.59T	35.1T	36.86T
Part Time Employees	-	-	-	-	109
Accumulated Allowance for Doubtful Accounts (Supple)	3.6Cr	3.2Cr	2.6Cr	4.4Cr	3.6Cr
Order Backlog	4.73TCr	4.95TCr	6.01TCr	6.84TCr	7.19TCr

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	17Cr	-157.2Cr	7.7Cr	50Cr	78Cr
Depreciation & Amortization - CF	53Cr	40Cr	52Cr	56Cr	65Cr
Amortization of Goodwill and Intangible Assets - (CF)	7.2Cr	4.9Cr	3.5Cr	2.6Cr	1.5Cr
Depreciation & Amortization, Total	60Cr	45Cr	55Cr	58Cr	67Cr
Amortization of Deferred Charges, Total - (CF)	32Cr	38Cr	24Cr	27Cr	37Cr
(Gain) Loss From Sale Of Asset	60L	-80L	-	-1.3Cr	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	6.8Cr	26Cr	-30L	1Cr	2.1Cr
(Income) Loss On Equity Investments - (CF)	-3.6Cr	-1.1Cr	-2.2Cr	20L	-70L
Stock-Based Compensation (CF)	1.3Cr	70L	3.4Cr	2.8Cr	4.1Cr
Provision and Write-off of Bad Debts	-	-	-	-	-80L
Other Operating Activities, Total	-15Cr	49Cr	12Cr	20Cr	-16Cr
Change In Accounts Receivable	12Cr	84Cr	66Cr	24Cr	-10Cr
Change In Inventories	-70Cr	-76Cr	9.1Cr	50Cr	25Cr
Change In Accounts Payable	68Cr	-20Cr	-35Cr	39Cr	64Cr
Change in Unearned Revenues	-	-	-	-	-
Change in Other Net Operating Assets	-8.6Cr	-6.8Cr	-36Cr	-38Cr	-20Cr
Cash from Operations	100Cr	-20Cr	102.7Cr	233.2Cr	228.6Cr
Capital Expenditure	-48Cr	-37Cr	-46Cr	-67Cr	-82Cr
Sale of Property, Plant, and Equipment	30L	4.8Cr	5.5Cr	1.3Cr	20L
Cash Acquisitions	-	-	-	-	-1.9Cr
Divestitures	9.5Cr	-	-80L	-	-
Sale (Purchase) of Intangible assets	-40Cr	-45Cr	-43Cr	-48Cr	-46Cr
Investment in Marketable and Equity Securities, Total	-22Cr	7.9Cr	4.9Cr	-20Cr	8.7Cr
Other Investing Activities, Total	6Cr	1.3Cr	1.2Cr	50L	4.4Cr
Cash from Investing	-94Cr	-68Cr	-78Cr	-134.1Cr	-116.4Cr
Long-Term Debt Issued, Total	64Cr	175.6Cr	113.7Cr	8.4Cr	15Cr
Total Debt Issued	64Cr	175.6Cr	113.7Cr	8.4Cr	15Cr
Long-Term Debt Repaid, Total	-109.5Cr	-86Cr	-38Cr	-52Cr	-34Cr
Total Debt Repaid	-109.5Cr	-86Cr	-38Cr	-52Cr	-34Cr
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-1.2Cr	-	-1.1Cr	-4Cr	-28Cr
Common Dividends Paid	-23Cr	-5Cr	-	-	-7.4Cr
Common & Preferred Stock Dividends Paid	-23Cr	-5Cr	-	-	-7.4Cr
Other Financing Activities, Total	-2.2Cr	-	-	-	-
Cash from Financing	-72Cr	85Cr	74Cr	-48Cr	-54Cr
Foreign Exchange Rate Adjustments	1.5Cr	-1.4Cr	-4.8Cr	-1.4Cr	-1.1Cr
Net Change in Cash	-64Cr	-4.2Cr	94Cr	50Cr	57Cr
Supplemental Items
Cash Interest Paid	3.9Cr	3.7Cr	20Cr	12Cr	12Cr
Cash Income Tax Paid (Refund)	17Cr	14Cr	26Cr	24Cr	28Cr
Levered Free Cash Flow	31Cr	-28Cr	5.06Cr	98Cr	99Cr
Unlevered Free Cash Flow	34Cr	-24Cr	20Cr	110.19Cr	107.69Cr
Change In Net Working Capital	40L	-35Cr	-24Cr	-91Cr	-61Cr
Net Debt Issued / Repaid	-45Cr	90Cr	75Cr	-44Cr	-19Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.52	-3.03	0.11	1.96	2.65
Return on Total Capital	4.7	-10.35	0.38	6.98	9.48
Return On Equity %	3.72	-40.53	2.49	15.01	21.02
Return on Common Equity	3.55	-40.68	2.54	15.22	21.04
Margin Analysis
Gross Profit Margin %	10.01	1.33	8.34	11.89	13.27
SG&A Margin	4.72	5.46	5.69	5.42	5.34
EBITDA Margin %	5.9	-4.6	2.78	6.57	7.97
EBITA Margin %	3.42	-6.3	0.46	4.42	5.75
EBIT Margin %	2.96	-6.64	0.23	4.27	5.67
Income From Continuing Operations Margin %	1.13	-10.85	0.49	2.86	4.14
Net Income Margin %	1.07	-10.85	0.5	2.89	4.13
Net Avail. For Common Margin %	1.07	-10.85	0.5	2.89	4.13
Normalized Net Income Margin	1.53	-4.58	-0.43	2.38	3.61
Levered Free Cash Flow Margin	1.99	-1.92	0.33	5.67	5.24
Unlevered Free Cash Flow Margin	2.19	-1.64	1.28	6.37	5.72
Asset Turnover
Asset Turnover	0.82	0.73	0.72	0.73	0.75
Fixed Assets Turnover	7.58	7.54	8.4	8.11	7.32
Receivables Turnover (Average Receivables)	6.15	5.33	5.34	4.99	4.67
Inventory Turnover (Average Inventory)	2.56	2.37	2.19	2.43	2.78
Short Term Liquidity
Current Ratio	1.01	1.01	1.06	1.04	1
Quick Ratio	0.51	0.47	0.56	0.62	0.63
Operating Cash Flow to Current Liabilities	0.08	-0.01	0.07	0.15	0.14
Days Sales Outstanding (Average Receivables)	59.37	68.5	68.35	73.31	78.24
Days Outstanding Inventory (Average Inventory)	142.62	153.8	167.02	150.57	131.12
Average Days Payable Outstanding	99.97	101.94	100.2	97.83	101.22
Cash Conversion Cycle (Average Days)	102.03	120.36	135.17	126.05	108.14
Long Term Solvency
Total Debt/Equity	30.16	79.31	111.34	92.35	86.94
Total Debt / Total Capital	23.17	44.23	52.68	48.01	46.51
LT Debt/Equity	15.37	71.21	105.98	86.7	66.79
Long-Term Debt / Total Capital	11.81	39.71	50.15	45.08	35.73
Total Liabilities / Total Assets	75.85	84.77	86.49	85.63	84.92
EBIT / Interest Expense	8.87	-15.27	0.15	3.81	7.36
EBITDA / Interest Expense	20.5	-8.16	2.5	6.82	11.97
(EBITDA - Capex) / Interest Expense	11.35	-14.05	0.56	3.37	6.31
Total Debt / EBITDA	1.35	-4.72	5.76	2.47	1.94
Net Debt / EBITDA	-1.03	-0.1	0.11	-0.53	-0.68
Total Debt / (EBITDA - Capex)	2.43	-2.74	25.66	5.01	3.69
Net Debt / (EBITDA - Capex)	-1.86	-0.06	0.5	-1.08	-1.28
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.18	-7.06	6.19	12.44	8.83
Gross Profit, 1 Yr. Growth %	0.71	-87.66	568.23	60.33	21.39
EBITDA, 1 Yr. Growth %	-14.42	-175.08	-176.8	165.42	32.6
EBITA, 1 Yr. Growth %	-30.78	-282.6	-107.78	977.46	41.44
EBIT, 1 Yr. Growth %	-39.42	-324.77	-103.74	1.95T	44.38
Earnings From Cont. Operations, 1 Yr. Growth %	-77.17	-1.2T	-104.83	533.33	57.89
Net Income, 1 Yr. Growth %	-78.17	-1.27T	-104.9	548.05	55.91
Normalized Net Income, 1 Yr. Growth %	-61.35	-404.65	-89.98	-713.38	64.82
Diluted EPS Before Extra, 1 Yr. Growth %	-78.7	-1.3T	-104.9	540.41	57.14
Accounts Receivable, 1 Yr. Growth %	19.24	-2.86	15.04	24.79	9.8
Inventory, 1 Yr. Growth %	7.26	12.34	2.46	-7.99	-4.78
Net Property, Plant and Equip., 1 Yr. Growth %	3.41	-16.21	9.08	23.13	18.66
Total Assets, 1 Yr. Growth %	8.55	2.25	12.07	9.46	4.41
Tangible Book Value, 1 Yr. Growth %	-8.38	-101.29	738.1	-181.82	199.31
Common Equity, 1 Yr. Growth %	2.02	-35.01	-0.56	16.58	9.58
Cash From Operations, 1 Yr. Growth %	34.05	-120.4	-626.67	127.07	-1.97
Capital Expenditures, 1 Yr. Growth %	25.59	-22.06	22.91	46.93	22.54
Levered Free Cash Flow, 1 Yr. Growth %	13.16	-186.22	-118.64	1.8T	0.99
Unlevered Free Cash Flow, 1 Yr. Growth %	14.57	-167.21	-185.04	455.1	-1.91
Dividend Per Share, 1 Yr. Growth %	-78.26	-	-	-	42.86
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.28	-1.13	-0.66	9.27	10.62
Gross Profit, 2 Yr. CAGR %	-5.88	-64.79	-9.2	227.32	39.51
EBITDA, 2 Yr. CAGR %	-15.35	-21.29	-30.62	42.94	87.27
EBITA, 2 Yr. CAGR %	-27.53	8.89	-62.32	-8.46	290.38
EBIT, 2 Yr. CAGR %	-32.24	12.43	-71	-12.35	444.42
Earnings From Cont. Operations, 2 Yr. CAGR %	-49.86	42.79	-27.1	-43.94	216.23
Net Income, 2 Yr. CAGR %	-51.3	43.35	-24.2	-43.66	217.87
Normalized Net Income, 2 Yr. CAGR %	-35.43	3.71	-44.75	-21.17	217.96
Diluted EPS Before Extra, 2 Yr. CAGR %	-51.62	41.53	-23.28	-44	217.23
Accounts Receivable, 2 Yr. CAGR %	17.78	7.62	5.71	19.82	17.06
Inventory, 2 Yr. CAGR %	17.66	9.77	7.29	-2.91	-6.4
Net Property, Plant and Equip., 2 Yr. CAGR %	11.86	-6.92	-4.4	15.89	20.87
Total Assets, 2 Yr. CAGR %	17.28	5.18	7.05	10.76	6.91
Tangible Book Value, 2 Yr. CAGR %	-11.91	-89.1	-67.06	161.86	56.49
Common Equity, 2 Yr. CAGR %	20.08	-19.13	-19.61	7.67	13.03
Cash From Operations, 2 Yr. CAGR %	10.01	-48.77	3.65	245.82	49.19
Capital Expenditures, 2 Yr. CAGR %	2.73	-1.06	-2.12	34.38	34.18
Levered Free Cash Flow, 2 Yr. CAGR %	452.99	0.73	-60.35	90.01	337.08
Unlevered Free Cash Flow, 2 Yr. CAGR %	194.3	-10.68	-25.36	117.82	132.92
Dividend Per Share, 2 Yr. CAGR %	-51.44	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	15.43	6.05	1.25	3.53	9.12
Gross Profit, 3 Yr. CAGR %	-1.51	-52.23	-6.09	9.75	135.16
EBITDA, 3 Yr. CAGR %	-9.1	-19.65	-26.49	8.6	39.24
EBITA, 3 Yr. CAGR %	-18.35	-3.47	-54.82	15.23	5.82
EBIT, 3 Yr. CAGR %	-21.91	-1.41	-63.83	19.97	3.51
Earnings From Cont. Operations, 3 Yr. CAGR %	-36.36	30.95	-53.81	51.17	-20.83
Net Income, 3 Yr. CAGR %	-37.5	30.71	-53.48	55	-20.9
Normalized Net Income, 3 Yr. CAGR %	-26.44	5.08	-52.41	23.71	0.8
Diluted EPS Before Extra, 3 Yr. CAGR %	-37.42	30.07	-53.88	55.63	-21.01
Accounts Receivable, 3 Yr. CAGR %	28.59	10.46	10.04	11.72	16.38
Inventory, 3 Yr. CAGR %	23.84	15.86	7.28	1.93	-3.53
Net Property, Plant and Equip., 3 Yr. CAGR %	16.63	1.59	-1.86	4.01	16.8
Total Assets, 3 Yr. CAGR %	18.32	11.92	7.43	7.84	8.6
Tangible Book Value, 3 Yr. CAGR %	-6.76	-78.4	-53.64	-55.39	173.79
Common Equity, 3 Yr. CAGR %	15.37	-2.59	-13.36	-9.01	8.3
Cash From Operations, 3 Yr. CAGR %	-0.82	-38.12	11.39	34.61	127.17
Capital Expenditures, 3 Yr. CAGR %	15.12	-6.3	6.36	12.07	30.31
Levered Free Cash Flow, 3 Yr. CAGR %	-10.46	201.55	-43.02	44.95	53.7
Unlevered Free Cash Flow, 3 Yr. CAGR %	-8.39	82.03	-12.87	45.94	66.75
Dividend Per Share, 3 Yr. CAGR %	-37	-	-	11.87	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.77	7.8	8.7	7.32	4.9
Gross Profit, 5 Yr. CAGR %	-6.11	-37.13	-4.71	3.16	10.02
EBITDA, 5 Yr. CAGR %	-11.28	-15.06	-19	-2.42	6.9
EBITA, 5 Yr. CAGR %	-18.24	-6.28	-40.83	-5.5	7.04
EBIT, 5 Yr. CAGR %	-20.47	-5.15	-48.23	-5.94	6.99
Earnings From Cont. Operations, 5 Yr. CAGR %	-28.85	11.95	-35.54	-6.73	0.23
Net Income, 5 Yr. CAGR %	-29.59	11.95	-35.39	-6.65	0.34
Normalized Net Income, 5 Yr. CAGR %	-21.92	-2.66	-35.57	-6.33	1.96
Diluted EPS Before Extra, 5 Yr. CAGR %	-28.32	13.21	-35.36	-7.15	-0.26
Accounts Receivable, 5 Yr. CAGR %	21.14	16.92	18.9	14.11	12.79
Inventory, 5 Yr. CAGR %	23.37	18.77	16.93	7.95	1.58
Net Property, Plant and Equip., 5 Yr. CAGR %	9.49	7.04	7.71	7.09	6.67
Total Assets, 5 Yr. CAGR %	14.7	13.07	13.6	11.45	7.22
Tangible Book Value, 5 Yr. CAGR %	-7.29	-60.6	-38.47	-41.41	-24.58
Common Equity, 5 Yr. CAGR %	8.28	-0.44	-0.42	1.39	-3.64
Cash From Operations, 5 Yr. CAGR %	-14.51	-34.56	0.12	23.16	25.2
Capital Expenditures, 5 Yr. CAGR %	10.65	6.72	7.89	8.24	16.72
Levered Free Cash Flow, 5 Yr. CAGR %	-26.48	-17.87	-34.85	149.59	29.23
Unlevered Free Cash Flow, 5 Yr. CAGR %	-25.16	-20.54	-15	94.58	29.24
Dividend Per Share, 5 Yr. CAGR %	-28.2	-	-	-19.88	-15.34