Cash flow AB Volvo

Equities

VOLV B

SE0000115446

Heavy Machinery & Vehicles

Market Closed - Nasdaq Stockholm Other stock markets 17:00:00 13/02/2026 GMT			5-day change	1st Jan Change
343.70 ^SEK	-1.29%		-0.58%	+16.15%

02-13	Stockholm Stock Exchange Closes Friday Trading with Marginal Decline	FW
02-13	VOLVO B : Reduced to Neutral by RBC	ZD

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Published financial data: AB VOLVO

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	324B	359B	456B	529B	500B
Finance Div. Revenues	13.96B	13.44B	17.36B	24.01B	26.98B
Total Revenues	338B	372B	473B	553B	527B
Cost of Goods Sold, Total	251B	275B	351B	387B	364B
Finance Div. Operating Exp.	12.4B	10.15B	16.51B	20.29B	22.94B
Gross Profit	75.11B	87.3B	106B	145B	140B
Selling General & Admin Expenses, Total	28.9B	26.43B	31.93B	37.72B	39.03B
R&D Expenses	16.8B	18.03B	22.53B	26.64B	30.96B
Other Operating Expenses	995M	1.5B	4.58B	917M	1.79B
Other Operating Expenses, Total	46.69B	45.96B	59.03B	65.28B	71.78B
Operating Income	28.42B	41.34B	46.84B	80.13B	67.94B
Interest Expense, Total	-1.35B	-1.17B	-1.2B	-1.17B	-1.59B
Interest And Investment Income	299M	358M	1.14B	2.69B	2.71B
Net Interest Expenses	-1.05B	-809M	-65M	1.52B	1.11B
Income (Loss) On Equity Invest.	1.75B	-54M	-1.33B	-2.57B	-2.17B
Currency Exchange Gains (Loss)	-227M	-24M	-331M	-851M	-275M
Other Non Operating Income (Expenses)	-292M	949M	-108M	-729M	-223M
EBT, Excl. Unusual Items	28.6B	41.4B	45B	77.51B	66.39B
Restructuring Charges	-2.7B	157M	77M	-2.57B	572M
Gain (Loss) On Sale Of Investments	-3M	-15M	-	-14M	-
Gain (Loss) On Sale Of Assets	25M	1.64B	-	-2.2B	249M
Legal Settlements	-	-	-	-6B	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	25.92B	43.19B	45.08B	66.73B	67.21B
Income Tax Expense	5.84B	9.95B	12.11B	16.79B	16.63B
Earnings From Continuing Operations	20.07B	33.24B	32.97B	49.93B	50.58B
Net Income to Company	20.07B	33.24B	32.97B	49.93B	50.58B
Minority Interest	-755M	-456M	-247M	-107M	-186M
Net Income - (IS)	19.32B	32.79B	32.72B	49.82B	50.39B
Net Income to Common Incl Extra Items	19.32B	32.79B	32.72B	49.82B	50.39B
Net Income to Common Excl. Extra Items	19.32B	32.79B	32.72B	49.82B	50.39B
Per Share Items
Net EPS - Basic	9.5	16.13	16.1	24.51	24.79
Basic EPS - Continuing Operations	9.5	16.13	16.1	24.51	24.79
Basic Weighted Average Shares Outstanding	2.03B	2.03B	2.03B	2.03B	2.03B
Net EPS - Diluted	9.5	16.12	16.09	24.5	24.78
Diluted EPS - Continuing Operations	9.5	16.12	16.09	24.5	24.78
Diluted Weighted Average Shares Outstanding	2.03B	2.03B	2.03B	2.03B	2.03B
Normalized Basic EPS	8.42	12.5	13.71	23.78	20.32
Normalized Diluted EPS	8.42	12.5	13.71	23.78	20.32
Dividend Per Share	6	6.5	7	7.5	8
Payout Ratio	-	37.21	40.39	28.57	30.27
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	32.66B	46.17B	52.78B	86.46B	74.85B
EBITA	28.59B	41.48B	46.96B	80.28B	68.15B
EBIT	28.42B	41.34B	46.84B	80.13B	67.94B
EBITDAR	33.36B	46.76B	53.41B	87.22B	75.68B
Effective Tax Rate - (Ratio)	22.55	23.03	26.86	25.17	24.75
Total Current Taxes	6.58B	8.74B	15.07B	19.06B	15.71B
Total Deferred Taxes	-732M	1.21B	-2.96B	-2.26B	926M
Normalized Net Income	17.12B	25.42B	27.88B	48.34B	41.31B
Interest on Long-Term Debt	284M	238M	255M	339M	403M
Non-Cash Pension Expense	-524M	28M	61M	205M	160M
Supplemental Operating Expense Items
Selling and Marketing Expenses	24.28B	21.58B	26.07B	30.38B	31.24B
General and Administrative Expenses	4.61B	4.86B	5.87B	7.34B	7.78B
Research And Development Expense From Footnotes	19.62B	20.69B	25.38B	29.56B	34.41B
Net Rental Expense, Total	691M	592M	635M	758M	831M
Imputed Operating Lease Interest Expense	47.73M	35.89M	33.28M	31.22M	42M
Imputed Operating Lease Depreciation	643M	556M	602M	727M	789M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	85.21B	62.13B	83.89B	83.33B	85.17B
Short Term Investments	213M	167M	93M	89M	218M
Trading Asset Securities, Total	1.61B	840M	759M	1.46B	1.69B
Total Cash And Short Term Investments	87.03B	63.13B	84.74B	84.88B	87.08B
Accounts Receivable, Total	37.83B	40.52B	48B	41.38B	40B
Other Receivables	10.25B	13.07B	15.26B	16.55B	18.4B
Notes Receivable	199M	1.26B	5.06B	2.33B	3.72B
Total Receivables	48.28B	54.84B	68.32B	60.26B	62.13B
Inventory	47.27B	63.71B	75.38B	75.96B	77.12B
Prepaid Expenses	2.7B	3.22B	3.62B	3.84B	4.3B
Finance Division Loans and Leases Current	59.37B	69.57B	90.41B	112B	124B
Finance Division Other Current Assets, Total	5.81B	575M	877M	1.8B	2.45B
Other Current Assets, Total	29.65B	443M	497M	12.25B	786M
Total Current Assets	280B	256B	324B	351B	358B
Net Property Plant And Equipment	87.01B	94.33B	107B	110B	125B
Long-term Investments	17.86B	23.3B	27.16B	24.85B	27.68B
Other Intangibles, Total	34.42B	36.97B	41.47B	42.38B	44.19B
Finance Division Loans and Leases Long-Term	70.55B	83.39B	105B	122B	135B
Finance Division Other Long-Term Assets, Total	237M	1.36B	2.12B	2.25B	2.22B
Accounts Receivable Long-Term	2.39B	2.58B	2.48B	14M	1.46B
Loans Receivable Long-Term	203M	436M	676M	902M	857M
Deferred Tax Assets Long-Term	10.6B	9.74B	12.22B	14.14B	13.89B
Other Long-Term Assets, Total	7.44B	8.24B	7.4B	6.21B	6.29B
Total Assets	511B	516B	629B	674B	715B
Liabilities
Accounts Payable, Total	59.01B	76.08B	89.17B	81.88B	77.61B
Accrued Expenses, Total	31.55B	34.48B	41.36B	44.96B	47.67B
Short-term Borrowings	8.63B	13.7B	6.36B	-	-
Current Portion of Long-Term Debt	48.14B	34.24B	64.31B	96.82B	102B
Current Portion of Leases	1.55B	1.63B	1.78B	1.88B	2.1B
Finance Division Other Current Liabilities, Total	5.96B	1.27B	1.79B	2.06B	2.15B
Current Income Taxes Payable	3.88B	3.72B	6.15B	4.14B	1.92B
Unearned Revenue Current, Total	14.37B	13.08B	16.02B	13.29B	16.25B
Other Current Liabilities	30.37B	24.22B	25.17B	39.33B	31.54B
Total Current Liabilities	203B	202B	252B	284B	281B
Long-Term Debt	91.38B	99.79B	137B	135B	155B
Long-Term Leases	4.43B	4.47B	4.81B	5.31B	5.94B
Finance Division Other Non Current Liabilities, Total	2.25B	2.24B	2.53B	2.4B	2.44B
Unearned Revenue Non Current	18.5B	22.49B	27.51B	26.62B	31.64B
Pension & Other Post Retirement Benefits	18.28B	12.1B	8.69B	11.14B	12.61B
Deferred Tax Liability Non Current	1.17B	2.77B	3.06B	2.49B	2.48B
Other Non Current Liabilities	23.2B	25.48B	27.35B	25.72B	26.17B
Total Liabilities	363B	372B	463B	493B	517B
Common Stock, Total	2.56B	2.56B	2.56B	2.56B	2.56B
Retained Earnings	145B	136B	148B	166B	180B
Comprehensive Income and Other	-2.56B	2.31B	12.63B	9.62B	11.9B
Total Common Equity	145B	141B	163B	178B	194B
Minority Interest	2.85B	3.07B	3.52B	2.95B	3.31B
Total Equity	148B	144B	166B	181B	197B
Total Liabilities And Equity	511B	516B	629B	674B	715B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.03B	2.03B	2.03B	2.03B	2.03B
ECS Total Common Shares Outstanding	2.03B	2.03B	2.03B	2.03B	2.03B
Book Value / Share	71.45	69.36	80.02	87.43	95.43
Tangible Book Value	111B	104B	121B	135B	150B
Tangible Book Value Per Share	54.45	51.13	59.59	66.53	73.62
Total Debt	154B	154B	214B	239B	265B
Net Debt	67.1B	90.7B	129B	154B	178B
Debt Equivalent of Unfunded Proj. Benefit Obligation	13.39B	6.36B	2.93B	6.18B	7.52B
Debt Equivalent Oper. Leases	5.53B	4.74B	5.08B	6.06B	6.65B
Minority Interest, Total (Incl. Fin. Div)	2.85B	3.07B	3.52B	2.95B	3.31B
Equity Method Investments, Total	13.16B	20.68B	21.58B	19.16B	22.5B
Account Code - Inventory Valuation	5	5	5	5	5
Full Time Employees	87.49K	84.95K	86.99K	89.72K	89.68K
Part Time Employees	-	1.29K	4.22K	4.08K	4.33K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	19.32B	32.79B	32.72B	49.82B	50.39B
Depreciation & Amortization - CF	6.09B	6.62B	7.97B	8.54B	9.13B
Amortization of Goodwill and Intangible Assets - (CF)	175M	134M	118M	151M	214M
Depreciation & Amortization, Total	6.27B	6.76B	8.08B	8.69B	9.34B
Amortization of Deferred Charges, Total - (CF)	12.68B	11.32B	11.31B	11.66B	12.09B
(Gain) Loss From Sale Of Asset	30M	-1.62B	-232M	1.78B	-271M
(Gain) Loss on Sale of Investments - (CF)	43M	15M	-109M	231M	34M
Asset Writedown & Restructuring Costs	3.34B	480M	1.34B	3.22B	548M
Provision for Credit Losses	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-1.75B	67M	1.33B	2.37B	2.17B
Provision and Write-off of Bad Debts	1.72B	534M	4.26B	1.4B	1.76B
Other Operating Activities, Total	2.64B	770M	3.21B	3.26B	-1.32B
Change In Accounts Receivable	-2.03B	-2.06B	-5.77B	209M	4.01B
Change In Inventories	2.46B	-12.29B	-5.91B	-9.49B	2.21B
Change In Accounts Payable	-4.02B	13.17B	8.03B	-4.72B	-6.78B
Change in Other Net Operating Assets	-10.09B	-16.3B	-25.02B	-41.75B	-27.74B
Cash from Operations	30.61B	33.65B	33.24B	26.68B	46.44B
Capital Expenditure	-14.3B	-18.12B	-20.46B	-23.39B	-13.89B
Sale of Property, Plant, and Equipment	6.35B	5.84B	5.56B	5.68B	481M
Cash Acquisitions	-10M	-789M	-265M	-77M	-3.01B
Divestitures	435M	22.77B	153M	-2.27B	2.37B
Sale (Purchase) of Intangible assets	-3.02B	-3.72B	-5.39B	-5.28B	-4.49B
Investment in Marketable and Equity Securities, Total	-462M	-7.38B	-928M	-1.24B	-4.89B
Net (Increase) Decrease in Loans Originated / Sold - Investing	1.07B	-87M	-158M	-280M	-709M
Cash from Investing	-9.94B	-1.49B	-21.49B	-26.84B	-24.14B
Long-Term Debt Issued, Total	128B	89.14B	178B	242B	342B
Total Debt Issued	128B	89.14B	178B	242B	342B
Long-Term Debt Repaid, Total	-121B	-96.11B	-144B	-211B	-327B
Total Debt Repaid	-121B	-96.11B	-144B	-211B	-327B
Common Dividends Paid	-	-12.2B	-13.22B	-14.23B	-15.25B
Common & Preferred Stock Dividends Paid	-	-12.2B	-13.22B	-14.23B	-15.25B
Special Dividend Paid	-	-37.62B	-13.22B	-14.23B	-21.35B
Other Financing Activities, Total	-877M	-763M	-63M	-512M	-90M
Cash from Financing	6.44B	-57.56B	7.48B	1.82B	-21.87B
Foreign Exchange Rate Adjustments	-3.37B	2.32B	2.52B	-2.21B	1.41B
Miscellaneous Cash Flow Adjustments	-	1M	-	-	-1M
Net Change in Cash	23.74B	-23.08B	21.76B	-560M	1.84B
Supplemental Items
Cash Interest Paid	1.1B	854M	856M	1.16B	1.24B
Cash Income Tax Paid (Refund)	4.93B	9.65B	11.61B	20.81B	18.44B
Levered Free Cash Flow	40.19B	29.75B	2.15B	19.66B	31.24B
Unlevered Free Cash Flow	41.03B	30.48B	2.9B	20.39B	32.23B
Change In Net Working Capital	-21.64B	-8.4B	19.92B	21.38B	13.27B
Net Debt Issued / Repaid	7.32B	-6.97B	33.98B	30.8B	14.82B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.43	5.03	5.11	7.69	6.12
Return on Total Capital	5.9	8.61	8.63	12.52	9.63
Return On Equity %	13.85	22.75	21.25	28.78	26.75
Return on Common Equity	13.61	22.9	21.54	29.26	27.1
Margin Analysis
Gross Profit Margin %	22.19	23.46	22.36	26.31	26.52
SG&A Margin	8.54	7.1	6.74	6.82	7.41
EBITDA Margin %	9.65	12.4	11.15	15.64	14.21
EBITA Margin %	8.45	11.14	9.92	14.52	12.94
EBIT Margin %	8.4	11.11	9.89	14.5	12.9
Income From Continuing Operations Margin %	5.93	8.93	6.96	9.03	9.6
Net Income Margin %	5.71	8.81	6.91	9.01	9.56
Net Avail. For Common Margin %	5.71	8.81	6.91	9.01	9.56
Normalized Net Income Margin	5.06	6.83	5.89	8.74	7.84
Levered Free Cash Flow Margin	11.87	7.99	0.45	3.56	5.93
Unlevered Free Cash Flow Margin	12.12	8.19	0.61	3.69	6.12
Asset Turnover
Asset Turnover	0.65	0.73	0.83	0.85	0.76
Fixed Assets Turnover	3.68	4.11	4.71	5.1	4.48
Receivables Turnover (Average Receivables)	8.29	9.12	10.25	11.77	12.28
Inventory Turnover (Average Inventory)	4.86	4.95	5.05	5.12	4.76
Short Term Liquidity
Current Ratio	1.38	1.26	1.28	1.24	1.28
Quick Ratio	0.96	0.92	0.95	0.9	0.96
Operating Cash Flow to Current Liabilities	0.15	0.17	0.13	0.09	0.17
Days Sales Outstanding (Average Receivables)	44.13	40	35.59	31.02	29.8
Days Outstanding Inventory (Average Inventory)	75.37	73.72	72.3	71.36	76.93
Average Days Payable Outstanding	94.93	84.66	83.13	80.53	79.89
Cash Conversion Cycle (Average Days)	24.57	29.06	24.76	21.84	26.83
Long Term Solvency
Total Debt/Equity	104.04	106.74	128.75	132.4	134.14
Total Debt / Total Capital	50.99	51.63	56.28	56.97	57.29
LT Debt/Equity	64.67	72.34	85.17	77.79	81.51
Long-Term Debt / Total Capital	31.7	34.99	37.23	33.47	34.81
Total Liabilities / Total Assets	71	72.06	73.57	73.19	72.38
EBIT / Interest Expense	21.07	35.43	38.87	68.67	42.67
EBITDA / Interest Expense	25.71	41.22	45.58	76.11	48.54
(EBITDA - Capex) / Interest Expense	15.11	25.69	28.6	56.07	39.82
Total Debt / EBITDA	4.44	3.2	3.9	2.69	3.43
Net Debt / EBITDA	1.93	1.89	2.35	1.74	2.3
Total Debt / (EBITDA - Capex)	7.56	5.13	6.21	3.66	4.18
Net Debt / (EBITDA - Capex)	3.29	3.02	3.75	2.36	2.8
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-21.65	9.98	27.21	16.75	-4.61
Gross Profit, 1 Yr. Growth %	-27.34	16.24	21.27	37.35	-4.26
EBITDA, 1 Yr. Growth %	-35.78	41.34	12.74	63.58	-13.94
EBITA, 1 Yr. Growth %	-37.21	45.06	13.21	70.7	-15.66
EBIT, 1 Yr. Growth %	-37.2	45.49	13.29	70.81	-15.76
Earnings From Cont. Operations, 1 Yr. Growth %	-45	65.61	-0.82	51.45	1.29
Net Income, 1 Yr. Growth %	-46.13	69.72	-0.2	52.27	1.13
Normalized Net Income, 1 Yr. Growth %	-37.3	48.51	9.66	73.09	-14.54
Diluted EPS Before Extra, 1 Yr. Growth %	-46.14	69.68	-0.19	52.27	1.14
Accounts Receivable, 1 Yr. Growth %	-6.39	6.29	17.17	-14.66	-3.33
Inventory, 1 Yr. Growth %	-15.7	34.78	18.31	0.77	1.53
Net Property, Plant and Equip., 1 Yr. Growth %	-10.06	8.41	13.04	3.44	13.39
Total Assets, 1 Yr. Growth %	-2.67	0.99	21.95	7.15	6.01
Tangible Book Value, 1 Yr. Growth %	8.62	-6.09	16.54	11.64	10.67
Common Equity, 1 Yr. Growth %	4.83	-2.93	15.37	9.26	9.14
Cash From Operations, 1 Yr. Growth %	-21.61	9.92	-1.2	-19.76	117.07
Capital Expenditures, 1 Yr. Growth %	-20.81	26.72	12.91	14.33	5.88
Levered Free Cash Flow, 1 Yr. Growth %	-1.1K	-25.97	-92.78	795.14	4.38
Unlevered Free Cash Flow, 1 Yr. Growth %	-1.49K	-25.72	-90.48	591.29	4.05
Dividend Per Share, 1 Yr. Growth %	-	8.33	7.69	7.14	6.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-6.94	-7.17	18.28	21.86	5.48
Gross Profit, 2 Yr. CAGR %	-5.79	-8.1	18.73	29.06	14.88
EBITDA, 2 Yr. CAGR %	-8.02	-4.73	27.11	35.91	19.01
EBITA, 2 Yr. CAGR %	-6.64	-4.56	28.15	39.13	20.38
EBIT, 2 Yr. CAGR %	-6.52	-4.41	28.38	39.22	20.34
Earnings From Cont. Operations, 2 Yr. CAGR %	-11.04	-4.56	28.16	22.56	23.86
Net Income, 2 Yr. CAGR %	-11.91	-4.38	30.15	23.27	24.09
Normalized Net Income, 2 Yr. CAGR %	-6.64	-3.5	27.62	37.89	21.62
Diluted EPS Before Extra, 2 Yr. CAGR %	-11.9	-4.4	30.14	23.28	24.1
Accounts Receivable, 2 Yr. CAGR %	-4.44	0.13	12.21	0.51	-9.17
Inventory, 2 Yr. CAGR %	-14.96	6.59	26.28	9.19	1.15
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.13	-1.25	10.7	8.14	8.3
Total Assets, 2 Yr. CAGR %	3.74	-0.86	10.97	14.31	6.58
Tangible Book Value, 2 Yr. CAGR %	13.95	1	4.62	14.06	11.15
Common Equity, 2 Yr. CAGR %	8.52	0.88	5.83	12.27	9.2
Cash From Operations, 2 Yr. CAGR %	-0.93	-7.17	4.21	-10.96	18.2
Capital Expenditures, 2 Yr. CAGR %	-8.62	0.17	19.62	13.62	-17.59
Levered Free Cash Flow, 2 Yr. CAGR %	113.31	172.72	-76.88	-18.71	277.14
Unlevered Free Cash Flow, 2 Yr. CAGR %	103.91	221.23	-73.41	-18.21	230.58
Dividend Per Share, 2 Yr. CAGR %	9.54	-	8.01	7.42	6.9
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.57	-1.61	3.1	17.77	12.28
Gross Profit, 3 Yr. CAGR %	-0.81	1.05	0.8	24.64	16.97
EBITDA, 3 Yr. CAGR %	-1.81	6.14	1.24	38.33	16.94
EBITA, 3 Yr. CAGR %	0.51	8.13	1.03	41.08	18
EBIT, 3 Yr. CAGR %	0.68	8.33	1.16	41.28	18.01
Earnings From Cont. Operations, 3 Yr. CAGR %	-1.16	9.44	-3.33	35.49	15.01
Net Income, 3 Yr. CAGR %	-1.93	9.61	-3.01	37.14	15.4
Normalized Net Income, 3 Yr. CAGR %	0.69	8.98	0.7	41.34	17.56
Diluted EPS Before Extra, 3 Yr. CAGR %	-1.92	9.61	-3.02	37.13	15.41
Accounts Receivable, 3 Yr. CAGR %	-0.04	-0.74	5.9	2.77	-0.78
Inventory, 3 Yr. CAGR %	-3.27	-0.85	10.36	17.13	6.57
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.85	-1.51	3.3	8.23	9.86
Total Assets, 3 Yr. CAGR %	6.83	2.81	6.22	9.68	11.47
Tangible Book Value, 3 Yr. CAGR %	16.53	6.83	5.93	6.91	12.92
Common Equity, 3 Yr. CAGR %	11.13	4.56	5.49	6.96	11.22
Cash From Operations, 3 Yr. CAGR %	-6.63	2.56	-5.22	-4.48	11.34
Capital Expenditures, 3 Yr. CAGR %	-6.03	1.9	4.25	17.83	-8.47
Levered Free Cash Flow, 3 Yr. CAGR %	18.08	49.9	-18.72	-21.21	1.64
Unlevered Free Cash Flow, 3 Yr. CAGR %	17.07	45.63	-0.6	-20.79	1.88
Dividend Per Share, 3 Yr. CAGR %	12.18	9.14	-	7.72	7.17
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.61	4.28	7.31	7.18	4.05
Gross Profit, 5 Yr. CAGR %	1.63	5.2	6.58	11.44	6.21
EBITDA, 5 Yr. CAGR %	3.93	10.72	8.87	17.5	8.03
EBITA, 5 Yr. CAGR %	6.97	13.93	10.77	19.6	8.4
EBIT, 5 Yr. CAGR %	7.23	14.25	10.96	19.77	8.47
Earnings From Cont. Operations, 5 Yr. CAGR %	5.86	20.25	9.66	14.51	6.74
Net Income, 5 Yr. CAGR %	5.11	20.05	9.82	14.88	7.04
Normalized Net Income, 5 Yr. CAGR %	4.91	15.5	10.7	19.74	8.64
Diluted EPS Before Extra, 5 Yr. CAGR %	5.09	20.03	9.83	14.89	7.03
Accounts Receivable, 5 Yr. CAGR %	5.77	3.82	4.85	-0.02	-0.2
Inventory, 5 Yr. CAGR %	1.36	5.79	7.61	3.05	6.58
Net Property, Plant and Equip., 5 Yr. CAGR %	0.21	0.83	2.36	2.24	5.27
Total Assets, 5 Yr. CAGR %	6.42	5.28	8.47	7.27	6.37
Tangible Book Value, 5 Yr. CAGR %	18.49	12.33	11.61	9.67	7.99
Common Equity, 5 Yr. CAGR %	11.63	7.98	8.98	7.58	6.96
Cash From Operations, 5 Yr. CAGR %	3.43	13.89	-2.43	-3.08	3.53
Capital Expenditures, 5 Yr. CAGR %	-3.51	0.74	3.49	6.43	-5.11
Levered Free Cash Flow, 5 Yr. CAGR %	30.44	51.82	-38.5	17.35	50.84
Unlevered Free Cash Flow, 5 Yr. CAGR %	27.62	64.45	-35.29	15.62	61.28
Dividend Per Share, 5 Yr. CAGR %	14.87	14.87	10.49	8.45	-